SMS Varanasi MBA fees are INR 1,44,000 per annum, which is very reasonable for most business schools in India. In addition, the hostel fee can range from INR 20,000 to 25,000 for a year. While most business schools in India, starting from the IIMs to other private institutions such as UBS Mumbai, have fee structures that are way higher than this, making SMS Varanasi an excellent pick for students looking for a cost-effective yet fantastic option for pursuing business studies. The best part is the low fees structure has not compromised the standards and quality of the education offered by the institution.
Following are the fees structures followed by different business schools in India for comparison.
Institution | MBA Fees |
IMS Noida | INR 4 Lakhs - 7.92 Lakhs |
UBS Mumbai | INR 10.98 Lakhs |
FMS Delhi | INR 1.92 Lakhs |
IMM | INR 7.5 Lakhs |
IIM | INR 10.6 Lakhs - INR 23 Lakhs |
MDI Gurgaon | INR 19.8 Lakhs |
Symbiosis Institute of Business Management Bangalore | INR 14.7 Lakhs |
The minimum eligibility criterion to enrol is to have 50 % or more in their bachelor’s degree and Mathematics at 10 + 2. If you are in your final year of the undergraduate course, you can apply for the PG courses.
One of the main reasons that attract aspiring students to choose SMS Varanasi is their scholarship scheme. Apart from their low tuition fees, they make business education more accessible by providing scholarships and waivers for academically proficient students. Besides the scholarships offered by the institution, students are also allowed to apply for the ones that the government funds, such as the Dr Sarvapalli Radhakrishnan Scholarship. In addition, the institution also facilitates fees waivers for students who hold meritorious grades during the degree.
SMS Varanasi is known for its placement records. The Training and Placement Cell of the institution is focused on getting all the students placed in good companies and aid them in beginning a fruitful career. As a result, more than 90 percent of the students who get their degree from this university get placed in reputed organizations like Parle, ITC, Amul, Berger paints, etc.