IIM-A dons want Harvard-like status - Times Of India
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Designed on lines of Harvard Business School, IIM-A is upset that the Sixth Pay Commission has wrested this 'special status' from it, so they are demanding bigger pay packets.
The memorandum says an assistant professor (AP) at Harvard gets $140,000 as annual starting pay, equivalent to Rs 23 lakh and Indian School of Business (ISB) pays over Rs 20 lakh to its APs. Against this, an IIM-A AP gets only Rs 5.5 lakh as starting pay annually.
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