MBA costs to go up by 19%

At least 10 of the country's top B-schools have either hiked fees or are proposing an increase of anywhere between 6-19% for the Class of 2016, citing inflation and rising operational costs. While the likes of XLRI, International Management Institute (IMI), MDI-Gurgaon, SP Jain Institute of Management & Research, XIM-Bhubaneswar and IIM-Ranchi have already approved fee hikes, others including IIM-Calcutta, IIM-Kozhikode, IIM-Udaipur and WeSchool will decide over the next two-three weeks. Estimates suggest the hikes will be in the range ofRs50,000 to Rs2.5 lakh, depending on the institutes.

Read the Economic Times news report here.