Fee Structure Overview
The fee structure at Global School of Management Kolhapur is designed to provide high-quality education while remaining accessible to students from diverse economic backgrounds. The total cost for the two-year MBA program includes tuition, hostel, mess, and other essential charges.
| Semester | Tuition Fee (INR) | Hostel Fee (INR) | Mess Fee (INR) | Medical Fee (INR) | Other Fees (INR) | Total (INR) |
|---|---|---|---|---|---|---|
| Semester 1 | 300000 | 40000 | 20000 | 5000 | 10000 | 375000 |
| Semester 2 | 300000 | 40000 | 20000 | 5000 | 10000 | 375000 |
| Semester 3 | 300000 | 40000 | 20000 | 5000 | 10000 | 375000 |
| Semester 4 | 300000 | 40000 | 20000 | 5000 | 10000 | 375000 |
The total cost for the two-year program is approximately 15,00,000 INR. This includes all mandatory fees and charges required for enrollment and academic activities.
Hostel & Mess Charges
GSMK provides comfortable accommodation for students through its hostel facilities located on campus. The hostel rooms are equipped with essential amenities such as beds, study tables, wardrobes, and Wi-Fi connectivity.
Hostel Accommodation
The college offers both single and double occupancy rooms in its hostels. Each room is designed to provide a conducive environment for studying and relaxation. The hostel fees are inclusive of utilities such as electricity, water, internet, and maintenance services.
Mess Facilities
Students can enjoy nutritious meals at the campus mess facilities, which serve breakfast, lunch, and dinner daily. The mess menu includes a variety of vegetarian and non-vegetarian options, ensuring that dietary preferences are accommodated. Monthly mess charges are fixed based on the number of meals consumed.
Return on Investment (ROI) Analysis
The ROI for the MBA program at GSMK is calculated by comparing the total cost of education with the average placement package received by graduates. Based on historical data, here's a detailed ROI analysis:
Total Cost of Education
For a two-year MBA program at GSMK, the total cost amounts to approximately 15,00,000 INR.
Average Placement Package
Graduates from GSMK receive an average placement package of 8,00,000 INR. This figure is based on data from the last five years and includes both full-time and internship offers.
ROI Calculation
The ROI can be calculated using the formula:
ROI = (Average Package - Total Cost) / Total Cost * 100
In this case:
ROI = (800000 - 1500000) / 1500000 * 100 = -53.33%
This negative ROI reflects the fact that graduates typically earn less than their total investment in the program. However, it's important to consider other factors such as long-term career growth and personal development when evaluating the overall value of the education.
Financial Aid and Scholarships
To make education more accessible, GSMK offers various financial aid options including scholarships and fee waivers for meritorious students. These include:
- Institutional Scholarships: Based on academic performance and extracurricular achievements.
- Alumni Scholarships: Awarded to students who demonstrate exceptional potential in leadership or community service.
- Government Schemes: Students can apply for government-funded scholarships such as PMKVY, NSS, and SC/ST scholarships.
- Corporate Sponsorships: Partnerships with corporations provide additional funding opportunities for deserving students.
Payment Options
GSMK accepts multiple payment methods to accommodate different financial situations:
- Credit Card Payments
- Debit Card Payments
- Net Banking
- UPI Transfers
- Bank Drafts
Students can also opt for installment plans to manage their payments over time, subject to approval by the administration.