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The Indian Institute of Management - Ahmedabad (IIM-A) board of governors on Saturday approved a revised fees for the flagship 2-year Post Graduate Programme (PGP) in Management from Rs 22 lakh to Rs 23 lakh, a hike of about 4.5 per cent. The revised fees will be made applicable for batch 2019-21 of the PGP, said Errol D'Souza, director of IIM-A adding that the revision was in line with the inflation.
As per the newly formulated IIM Act, the B-school granted masters degree in business administration (MBA) to its students. In a first, students of all the three programmes including the PGP, two-year post graduate programme in food and agribusiness management (PGP-FABM) and PGP-executive (PGPX), were given the degrees.
Total 593 students were given degrees at the convocation held at the Louis Kahn Plaza in the IIM-A campus here. Of them, 398 students from PGP batch 2017-19 were awarded degrees, followed by 45 from PGP-FABM, and 137 of one-year PGPX.
Addressing the graduating students, the Chairman of the Board of Governors, Kumar Mangalam Birla asked students, “we all fail. We all make mistakes. The key is to not be oblivious to the mistake. When you make a mistake you have three choices: You can be in denial, you can let it cripple you or you can acknowledge the error, take swift corrective action and learn from the mistake. The choice is yours.”
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