Fee Structure
The total fee for the International Business program at Faculty of Management Studies is structured as follows:
| Semester | Tuition Fee | Hostel Rent | Mess Advance | Student Benevolent Fund | Medical Fees | Gymkhana Fees | Examination Fees | Total (INR) |
|---|---|---|---|---|---|---|---|---|
| Semester 1 | 200000 | 80000 | 30000 | 5000 | 2000 | 1000 | 5000 | 323000 |
| Semester 2 | 200000 | 80000 | 30000 | 5000 | 2000 | 1000 | 5000 | 323000 |
| Semester 3 | 200000 | 80000 | 30000 | 5000 | 2000 | 1000 | 5000 | 323000 |
| Semester 4 | 200000 | 80000 | 30000 | 5000 | 2000 | 1000 | 5000 | 323000 |
| Semester 5 | 200000 | 80000 | 30000 | 5000 | 2000 | 1000 | 5000 | 323000 |
| Semester 6 | 200000 | 80000 | 30000 | 5000 | 2000 | 1000 | 5000 | 323000 |
| Semester 7 | 200000 | 80000 | 30000 | 5000 | 2000 | 1000 | 5000 | 323000 |
| Semester 8 | 200000 | 80000 | 30000 | 5000 | 2000 | 1000 | 5000 | 323000 |
Detailed Fee Components
Tuition Fee: Covers instruction, curriculum development, and administrative support for the course. It is fixed annually based on institutional policies.
Hostel Rent: Includes accommodation in campus-hostels with shared facilities such as bathrooms, Wi-Fi, and common areas.
Mess Advance: A monthly advance payment towards meals provided by the institution's catering services. Adjustments are made at the end of each month based on consumption.
Student Benevolent Fund: Contributes to financial assistance for students facing unexpected hardships or emergencies.
Medical Fees: Covers access to basic healthcare facilities within the campus including consultations, medicines, and diagnostic services.
Gymkhana Fees: Supports sports activities, fitness programs, and recreational amenities available on campus.
Examination Fees: Covers costs related to conducting internal and external examinations, grading, and result processing.
Hostel & Mess Charges
The institution provides multiple hostel options with varying room types:
- Single Occupancy Rooms: ₹ 80,000 per semester for a private room with attached bathroom.
- Double Occupancy Rooms: ₹ 60,000 per semester for shared rooms with common bathrooms.
- Triple Occupancy Rooms: ₹ 50,000 per semester for shared rooms with common bathrooms.
The mess billing system operates on a monthly basis. Students are required to make an advance payment of ₹ 30,000 per month, which is adjusted at the end of each month based on actual consumption.
Rebate policies are applicable for students who do not stay in hostel during specific periods such as internships or overseas programs. Rebates are calculated proportionally and processed within two weeks of application submission.
Fee Waivers, Concessions, and Scholarships
The institution offers several financial aid options:
- SC/ST/PwD Category: 100% fee waiver with additional support for books, uniforms, and transportation.
- EWS Category: 50% fee concession along with access to special scholarships for meritorious students.
- MCM (Meritorious Children of Meritorious Parents): 50% fee concession with priority in hostel allocation and scholarship programs.
Eligibility criteria are determined based on income slabs, family background, and academic performance. Applications must be submitted through the official portal with supporting documents such as caste certificates, income proofs, and Aadhar cards.
Payment Procedures & Refund Policy
Students must complete payment within 15 days of admission or before the start of classes for each semester. Late payments attract a penalty of ₹ 500 per day until clearance.
Refunds are processed in accordance with university guidelines when students withdraw from the program. The refund amount is calculated after deducting administrative charges, hostel fees, and any outstanding dues.