A rare occurrence - A Business School Walking the CSR Talk

IIM-B to refund fees of students opting for NGO placements: "The Indian Institute of Management, Bangalore (IIM-B) will refund the fees of around Rs 8 lakh that students pay for their two-year Post Graduate Programme (PGP) if they take up a job in any non-profit entity (NGO) and work there for at least three years. IIM-B officials explained that the decision was taken because a number of students had expressed a desire to work with NGOs over the past few years but were concerned about their finances. The IIM-B board of governors discussed the issue in a meeting in October 2009 and passed the proposal to take effect for the 2010 placement, starting March 4. “We want our students to work in NGOs and even the government sector, where there is need for better management,” Pankaj Chandra, director of IIM-B told Business Standard."