Fee Structure Overview
The fee structure at Al Barkaat Institute of Management Studies is designed to be transparent and affordable while ensuring access to high-quality education and facilities. The total annual cost for the MBA program includes tuition fees, hostel charges, mess charges, medical fees, and other miscellaneous expenses.
Semester | Tuition Fee (INR) | Hostel Fee (INR) | Mess Fee (INR) | Medical Fee (INR) | Other Charges (INR) | Total Fee (INR) |
---|---|---|---|---|---|---|
Semester 1 | 1,50,000 | 60,000 | 40,000 | 5,000 | 20,000 | 2,75,000 |
Semester 2 | 1,50,000 | 60,000 | 40,000 | 5,000 | 20,000 | 2,75,000 |
Semester 3 | 1,50,000 | 60,000 | 40,000 | 5,000 | 20,000 | 2,75,000 |
Semester 4 | 1,50,000 | 60,000 | 40,000 | 5,000 | 20,000 | 2,75,000 |
Tuition Fee Breakdown
The tuition fee covers all academic components including classroom instruction, faculty compensation, course materials, and administrative support. It is structured to ensure that students receive a comprehensive education without compromising quality:
- Classroom instruction by experienced faculty members
- Access to digital libraries, research databases, and software tools
- Industry guest lectures and workshops
- Career counseling and placement assistance
- Student support services and academic resources
Hostel & Mess Charges
ABIMS provides comfortable and secure hostel facilities for students, with charges varying based on accommodation type and amenities:
- Standard Room (Single Occupancy): INR 60,000 per semester
- Shared Room (Double Occupancy): INR 50,000 per semester
- Deluxe Room (Triple Occupancy): INR 40,000 per semester
Mess charges are inclusive of three meals a day and include:
- Breakfast, Lunch, and Dinner
- Variety of vegetarian and non-vegetarian options
- Hygienic dining environment with regular cleaning protocols
- Monthly dietary consultations and nutritional guidance
Medical Charges
Students are required to pay a nominal medical fee that covers:
- Basic healthcare services on campus
- Emergency treatment and hospitalization support
- Health checkups and vaccinations
- Medicine distribution and health education programs
Other Charges
Additional charges include:
- Library membership fee
- Student activity fees
- Transportation charges for campus events
- Certification and transcript fees
- Examination fees
Return on Investment (ROI) Analysis
The ROI analysis for ABIMS programs is based on the average placement package received by graduates compared to the total cost of education:
Year | Average Package (INR) | Total Fee Paid (INR) | ROI |
---|---|---|---|
2024 | 8,00,000 | 11,00,000 | 1.2 |
2023 | 7,50,000 | 11,00,000 | 1.15 |
2022 | 7,20,000 | 11,00,000 | 1.1 |
2021 | 7,00,000 | 11,00,000 | 1.05 |
2020 | 6,80,000 | 11,00,000 | 1.0 |
Factors Influencing ROI
- Placement quality and package offered by top recruiters
- Industry recognition of the institute's programs
- Alumni network and career support services
- Global exposure through internships and exchange programs
- Research opportunities and innovation ecosystem
Payment Options
ABIMS offers flexible payment options to make education accessible to students from diverse financial backgrounds:
- Installment plans for annual fees
- Online payment through secure portals
- Bank transfer and NEFT options
- Financial assistance programs for meritorious students
Financial Aid and Scholarships
The institute provides various financial aid options to support deserving students:
- Merit-based scholarships based on academic performance
- Need-based assistance through government schemes
- Corporate sponsorships from industry partners
- Alumni donations for student welfare
Discounts and Waivers
ABIMS offers several discounts to eligible students:
- 5% discount for siblings of current students
- 10% discount for students from economically disadvantaged backgrounds
- 20% waiver for top rankers in entrance exams
- Full waiver for students with disabilities
Transparency in Billing
ABIMS maintains complete transparency in billing processes:
- Clear breakdown of all charges in communication with students
- Regular updates on fee status through portal and SMS
- Refund policies for students who withdraw from the program
- Support for students facing financial difficulties
Additional Cost Considerations
Beyond tuition and hostel charges, students may incur additional costs:
- Travel expenses for internships and field visits
- Study materials and course-related resources
- Conference attendance and professional development events
- Personal expenses such as clothing, books, and entertainment
Future Fee Adjustments
ABIMS reviews its fee structure annually to reflect:
- Inflation and cost of living changes
- Infrastructure improvements and facility upgrades
- Faculty compensation adjustments
- Technology enhancements and digital resources