Fee Structure and Financial Planning
The Global School of Management Lucknow provides world-class education at a competitive cost, ensuring that financial accessibility does not compromise the quality of learning. The following fee structure is designed to cover all academic and residential expenses while maintaining transparency and affordability.
Annual Fee Breakdown
Semester | Tuition Fee (INR) | Hostel Fee (INR) | Mess Fee (INR) | Medical Fee (INR) | Total (INR) |
---|---|---|---|---|---|
Semester 1 | 2,50,000 | 60,000 | 40,000 | 10,000 | 3,60,000 |
Semester 2 | 2,50,000 | 60,000 | 40,000 | 10,000 | 3,60,000 |
Semester 3 | 2,50,000 | 60,000 | 40,000 | 10,000 | 3,60,000 |
Semester 4 | 2,50,000 | 60,000 | 40,000 | 10,000 | 3,60,000 |
Semester 5 | 2,50,000 | 60,000 | 40,000 | 10,000 | 3,60,000 |
Semester 6 | 2,50,000 | 60,000 | 40,000 | 10,000 | 3,60,000 |
Semester 7 | 2,50,000 | 60,000 | 40,000 | 10,000 | 3,60,000 |
Semester 8 | 2,50,000 | 60,000 | 40,000 | 10,000 | 3,60,000 |
Hostel & Mess Charges
The hostel facilities at GSML are designed to provide a comfortable and conducive living environment for students:
Hostel Accommodation
Students can choose from various types of hostels based on their preferences:
- Single Occupancy Room: INR 60,000 per semester
- Double Occupancy Room: INR 55,000 per semester
- Triple Occupancy Room: INR 50,000 per semester
All rooms are equipped with essential amenities including Wi-Fi, study desks, wardrobes, and air conditioning. The hostel complex also features common areas, laundry facilities, and 24/7 security.
Mess Facilities
Students have access to a well-structured mess system that offers nutritious meals:
- Standard Meal Plan: INR 40,000 per semester
- Premium Meal Plan: INR 50,000 per semester
The mess serves a variety of vegetarian and non-vegetarian options, with dietary preferences accommodated upon request. Meals are prepared by professional chefs and follow strict hygiene standards.
Return on Investment (ROI) Analysis
The ROI for the Global School of Management Lucknow program is calculated based on the total cost of education versus the average starting salary of graduates:
- Total Cost of Education: INR 28,80,000 (8 semesters)
- Average Starting Package: INR 850,000
- ROI: Approximately 4.2x over the course of the program
This ROI reflects not only the immediate financial returns but also the long-term career prospects and value-added benefits such as alumni network access, industry connections, and skill development opportunities.
Financial Aid and Scholarships
GSML recognizes that financial constraints should not hinder academic excellence. The institution offers various financial aid options to support deserving students:
- Institutional Scholarships: Merit-based scholarships covering up to 100% of tuition fees.
- Need-Based Grants: Assistance for students from economically disadvantaged backgrounds.
- Corporate Sponsorships: Collaborations with industry partners to fund student education.
The school also provides flexible payment options and loan facilities to ensure that all students can pursue their education without financial stress.
Additional Costs
In addition to the core fees, students may incur expenses for:
- Books and Study Materials: INR 15,000 per semester
- Electronics and Tools: INR 20,000 per semester
- Extracurricular Activities: INR 10,000 per semester
- Travel Expenses: Variable based on destination and frequency
These additional costs are optional and depend on individual student requirements.
Payment Flexibility
GSML offers flexible payment options to accommodate different financial situations:
- Monthly Installments: Students can opt for monthly payments with minimal interest charges.
- Annual Payment Plans: Discounts available for students who pay the full amount upfront.
- Financial Aid Applications: Detailed application processes to assess eligibility and provide support.
The school ensures that no student is denied access to education due to financial constraints by providing transparent and accessible financial solutions.