Why do IIMs charge high fees even though it is a government institution?
Asked about IIM Ahmedabad - Indian Institute of Management - Master of Business Administration (MBA)
Asked by Aswin Sasi
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2 Answers
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Although IIMs are government institute, most IIMs are self reliant and do no depend on government for funding. Hence to attract quality professors they need to charge higher fee. Also, never in the history of IIMs any student has dropped out because of financial reasons. There are several scholarships available for students in need. -
It has more costs for what is offers in terms of the best available resources.Had it been dependant on government funds only then it would have possibly met the same fate as other govt. organisations.
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