18.75 for singles and 19.7 lacs for family acco. Considering that it is going to be the first batch, it looks really very expensive. And 1 lac rupees for food for 10~11 months(5 weeks being internship) looks way to expensive. Not sure what they are planning to feed :-)
I really doubt about their preparedness for this program. Not too long ago, when they first posted the news in their website, they mentioned the min exp required as 5 years and avg age as 26~28. In few weeks they revised the info to specify min exp as 7 yrs and avg age to 29~30.
cached page of the old info posted at IIMB website can still be accessed from
here
They may or may not require SOP/Reco although they had initially mentioned in the above link about the same.
I think it is purely money making tactics from the word GO. Not even waiting to see the outcome of the program for a year or so.
Given that IIMA & C, running the program for a couple of years, they already know the nitty-gritties. So makes sense for them to revise the price, course etc., etc.,