Why is the fee structure costlier in IIMs?
Asked by Sindhan Kholi
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1 Answer
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Answered by
Shrija Ashok kumar Work in a way to always challenge your limits ! | Contributor-Level 10
7 years agoHello Sindhan,
As far as my opinion is concerned, unlike IIT's, IIM's are autonomous institutions which means they have to take care of their expenses and they will not get much funding from the government.
They have to give salaries to the very well qualified faculty team. They need to maintain the infrastructure. And they also need to conduct CAT every year.
So, they get all this money from students who join the institution.
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