The Indian Institute of Management-Ahmedabad (IIM-A) has hiked the fees for its post-graduate mangement programme from Rs 1.77 lakh (Rs 177,000) to Rs 2 lakh (Rs 200,000).

The fees for the post-graduate programme for executives (PGPX) has also been increased from Rs 10 lakh (Rs 1 million) to Rs 14 lakh (Rs 1.4 million),

IIM(A) chairman Vijaypat Singhania said on Saturday.

The decision to hike the fees was taken at the meeting of Board of Governors of IIM-A in Ahmedabad.