One of the most significant trends sweeping the Indian management education domain is the significant importance being attached to prior work-experience of MBA candidates.

Overwhelming percentage of students at IIMs and other top-schools are candidates with some prior work experience.

In the fresh data shared by IIM-L with MBAUniverse.com, a whopping 89% of candidates admitted to the Post Graduate Programme in Management (PGP) have some prior work experience. Significantly, just a year ago, only 50% of the batch admitted to PGP 2007-2009 were candidates with work-experience.

Informs IIM-L, “The total number of experienced students in 2007-2009 batch were 122 (50.41%) which has increased to 274 (89.25%) for 2008-2010 batch. This is an increase of around 49% in the total number of experienced students.”

As per the IIM-L batch-profile of PGP 2008-10, of the 307 students, there are only 30 female students. Last year the number stood at 14 female students. There are 24 NRI students as well. As much as 93% of the batch at IIM-L is made of students with engineering degree.

IIM-L has also admitted 5 students who have some physical disability, thereby become a more inclusive institution.

Sources : mbauniverse.com

With the recent hikes in admission fees, management education at India’s top B-Schools is set to become much more expensive.

In the last few weeks, all six Indian Institute of Management (IIMs) have decided to raise the fees for their Post Graduate Programme (PGP), albeit with varying degrees. Other B-schools of repute too are increasing their fees. MBAUniverse.com presents a review of the new fees scenario.

From the table below, one can make out that IIM-A’s PGP programme is the most expensive amongst the IIMs, while IIM-L is the most affordable of the IIMs. IIM-A has affected the steeped fee hike of over 100%, while IIM-L has increase the fee by a modest 25%. Other IIMs have increased fees by 50% to 80%.