Fee Structure

1. Fee Structure & Deposition Schedule:

The Total Institutional fee for the 2-year MBA program for batch admitted in 2020 is Rs. 8.0 lacs i.e. Rs. 4.0 lacs per annum (without hostel).

Fee (per annum)

Fee Deposition Schedule for 1st year

Fee Deposition Schedule for 2nd year

Sem-I

Sem-II

Sem – III

Sem - IV

Tuition Fee

1,60,000/-

1,60,000/-

1,60,000/-

1,60,000/-

Development Fee

40,000/-

40,000/-

40,000/-

40,000/-

Hostel Fee# 

74,400/-

74,400/-

74,400/-

74,400/-

Caution Money $

10000

0

0

0

Study Material

15000

0

15000

 

Total

2,92,500/-

2,67,500/

2,82,500/-

2,67,500/

# Subject to revision from time to time; $ refundable after completion or leaving the program

Study Material## Fee – Rs. 15,000/- to be taken separately in Term-I of every year.

Caution Money - Rs. 10,000/- (One time deposition at the time of registration and refundable after completion of the program)

# Including boarding & laundry;

## Cost of study material, books and also access right to Harvard Business School site, for case studies.

2. Refund Policy

If a student leaves the program, fee shall be refunded as per UGC D.O Letter no. 1-3/2007(CPP-II) dated 02 November 2018 as below:

S. No

Percentage of Refund of Aggregate fees *

Point of time when notice of withdrawal of admission is served to University

1

100%**

15 days or more before the formally notified last date of admission.

2

90%

Less than 15 days before the formally notified last date of admission.

3

80%

15 days or less after the formally notified last date of admission.

4

50%

30 days or less, but more than 15 days, after formally notified last date of admission.

5

00%

More than 30 days after formally notified last date of admission.

Last date of admission is 30 September 2020.

Registration date will be informed later.

* (Inclusive of programme fee (Tuition Fee + Development Fee) but exclusive of caution money /security deposit

** 5% of the aggregate fee (Tuition Fee + Development Fee) from the refundable amount shall be deducted as processing charges, subject to maximum of Rs. 5000/-(For admission under General Category) or $80 (For admission under NRI Category) as the case may be.

3. Refund of Hostel Charges

  • Till the date of Registration, a candidate is entitled for full refund of advance of hostel charges, provided the student does not occupy the hostel in advance.

  • From the date of Registration for the program and having paid the balance hostel charges, the amount shall be refunded on pro-rata monthly basis, even if student has not occupied the hostel or not taken the key to the room.

  • For calculation of pro-rata deduction/refund, Semester shall be counted of 5 months duration (The hostel charges are applicable for 5 months only ) and deduction shall be made on per month basis, even if hostel is occupied for part of a month i.e. a single day only

  • If registered (once allocated, and not even occupied), the hostel shall deemed to be vacated only after taking clearance from the Administrative Manager.