Fee Structure Overview
The Graduate School of Management Studies at Gujarat Technological University offers comprehensive postgraduate programs with transparent fee structures. The total cost for the MBA program includes tuition fees, hostel charges, mess fees, and other administrative costs.
Breakdown of Fees per Semester
| Component | Amount (INR) |
|---|---|
| Tuition Fee | 250,000 |
| Hostel Fee | 45,000 |
| Mess Fee | 30,000 |
| Medical Fee | 5,000 |
| Library Fee | 2,000 |
| Student Activity Fee | 3,000 |
| Total | 335,000 |
Hostel and Mess Charges
The hostel facilities at GSMS are designed to provide a comfortable living environment for students. The hostel charges include accommodation, utilities, and maintenance services:
- Accommodation: Single occupancy rooms with basic amenities including bed, study table, and wardrobe.
- Utilities: Electricity, water, internet connectivity, and cleaning services included in the monthly fee.
- Maintenance: Regular maintenance of dormitories and common areas to ensure a hygienic living space.
The mess charges cover three meals per day with nutritious and hygienic food options. The menu is planned by professional nutritionists to meet dietary requirements of students.
Return on Investment (ROI) Analysis
Investing in education at GSMS offers a strong return on investment, especially considering the average placement package of INR 750,000. Based on historical data:
- Total Cost for 2-Year Program: INR 670,000
- Average Placement Package: INR 750,000
- ROI Ratio: 1.12 (approximately)
This ROI ratio indicates that students can expect a modest return on their educational investment, which is favorable compared to other institutions offering similar programs.
Additional Financial Considerations
In addition to tuition and hostel fees, students may incur costs related to:
- Books and study materials: INR 10,000 annually
- Transportation: INR 5,000 annually
- Personal expenses: INR 20,000 annually
Payment Options and Installments
GSMS offers flexible payment options for tuition fees:
- Full payment at the beginning of the academic year
- Installment plan with up to four payments
- Online payment facility via secure portal
Financial Aid and Scholarships
The school provides financial assistance through various scholarship schemes:
- Institutional scholarships based on merit
- Government-funded scholarships for SC/ST/OBC students
- Corporate-sponsored scholarships
- Alumni-initiated scholarships