Hii

IIMs unlike the IITs don't receive any funding from central/state government. ... There are some reasons why IIMs charge this exorbitant amount of fees from the students: The students in IIMs get the contextual analyses from Harvard, Standford and Ivory, which are very costly but extremely productive and justified.

Candidates who are offered final admission have to pay the IIM Ahmedabad fees. IIM Ahmedabad fees for the batch 2021-23 are to be approximately Rs. 23 Lakhs for two years inclusive of the tuition fee.

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