The institute offers a moderate range of fees with INR 6,85,000 for the first year and INR 5,65,000 for the second year, respectively. The PGDM course fees are payable in instalments. An upfront payment of INR 1,10,000 is expected at the time of admission into the course.
Subsequently, instalments equivalent to INR 2,52,000 are payable from April to November, respectively, for four months. The fees are divided into monthly payments to make it easy and convenient for the students and their families to arrange educational expenses.
Also, as part of the expenses plan, a refundable deposit of INR 10,000 is mandatory for students to safeguard any losses experienced by the educational institution. It's basically to ensure that if there's any loss to educational property or assets, the necessary costs are covered through the deposit money. The money comes under the category of Caution Fund.
Further, the Placement Assistance Department takes an additional INR 20,000 to ensure guaranteed placements of students in highly reputed companies after the course completion. Also, to maintain the Alumni status of the students, a fee of INR 10,000 is paid by the students.
The Caution Fund, Placement Fees and Alumni Fees are payable along with the second instalment of fees to initiate the formalities and ensure that they're completed on time to guarantee eligibility. Another point to be noted is that an additional charge of 18% GST applies to the Alumni Fees and Placement Fees.
Comparative Analysis of PGDM/PGPM Fees for Business Schools in India
Name of the Educational Institute | Fees |
Xavier's School Of Management-XLRI Jamshedpur | INR 23.60 Lakh |
SPJIMR-Mumbai | INR 17.50 Lakh |
IMI-Delhi | INR 17.68 Lakh |
IMT Ghaziabad | INR 17.55 Lakh |
TAPMI-Manipal | INR 16.90 Lakh |
BIMTECH-Noida | INR 12.00 Lakh |
ISBM Pune | INR 11.80 Lakh |