Fee Structure Overview
The Management and Technology program at GYANODAYA INSTITUTE OF MANAGEMENT AND TECHNOLOGY offers high-quality education at competitive tuition fees. The institute ensures transparency in its fee structure, providing students with clear information about all costs involved in their academic journey. This section details the complete fee breakdown, including semester-wise charges, hostel and mess fees, and a comprehensive return on investment (ROI) analysis.
Annual Fee Structure (Per Semester)
Head | First Year (INR) | Second Year (INR) | Third Year (INR) | Fourth Year (INR) |
---|---|---|---|---|
Tuition Fee | 120000 | 120000 | 120000 | 120000 |
Hostel Fee | 60000 | 60000 | 60000 | 60000 |
Mess Fee | 24000 | 24000 | 24000 | 24000 |
Medical Fee | 3000 | 3000 | 3000 | 3000 |
Library Fee | 1000 | 1000 | 1000 | 1000 |
Examination Fee | 2000 | 2000 | 2000 | 2000 |
Development Fee | 10000 | 10000 | 10000 | 10000 |
Student Activity Fee | 500 | 500 | 500 | 500 |
Other Charges | 1000 | 1000 | 1000 | 1000 |
Total | 223500 | 223500 | 223500 | 223500 |
The total annual fee for the program is approximately 894,000 INR. Students can opt for installment payments based on their financial capacity and the institute's payment schedule.
Hostel & Mess Charges
GYANODAYA IIMT provides comfortable accommodation facilities through its hostel system. The hostel charges are inclusive of all amenities including Wi-Fi, laundry services, and 24/7 security. Students are required to pay a one-time registration fee upon joining the hostel.
Hostel Accommodation
- Single Bed Room: INR 60,000 per annum (INR 5,000/month)
- Double Bed Room: INR 60,000 per annum (INR 5,000/month)
- Triple Bed Room: INR 60,000 per annum (INR 5,000/month)
- Four Bed Room: INR 60,000 per annum (INR 5,000/month)
Each room comes equipped with basic furniture, air conditioning, and internet connectivity. Additional charges may apply for extra services such as gym access or study spaces.
Mess Charges
The mess facilities at IIMT are designed to provide nutritious meals at affordable prices. The daily meal cost ranges from INR 80-120 depending on the type of meal and seasonality. Students have access to vegetarian and non-vegetarian options throughout the week.
- Vegetarian Meals: INR 80/day
- Non-Vegetarian Meals: INR 120/day
- Special Diet Meals: INR 150/day (for diabetic, lactose intolerant, etc.)
Students can choose between different meal plans including breakfast, lunch, dinner, and full-day meals. The mess is managed by certified chefs and adheres to hygiene standards set by health authorities.
Return on Investment (ROI) Analysis
The ROI for the Management and Technology program at IIMT is calculated based on the total cost of education versus the average placement package received by students. The following analysis assumes an average annual fee of INR 223,500 over four years.
Cost of Education
- Total Fees (4 Years): INR 894,000
- Average Placement Package (4 Years): INR 500,000
The ROI is calculated as follows:
ROI = ((Average Placement Package - Total Fees) / Total Fees) * 100
ROI = ((500,000 - 894,000) / 894,000) * 100
ROI = (-394,000 / 894,000) * 100 = -44.07%
This negative ROI reflects the fact that students invest more in education than they initially earn upon graduation. However, this does not account for long-term career growth and additional income potential. The program prepares students for roles with substantial salary increases over time.
Long-Term ROI Considerations
While the initial ROI appears negative, it's important to consider that graduates from IIMT often see significant salary progression after the first few years in the workforce. Many go on to secure positions with salaries exceeding INR 1 million annually, especially in top-tier companies.
Additionally, the skills gained through this program open doors to higher-paying roles in consulting, research, or entrepreneurship. The institute's alumni network and industry connections contribute significantly to career advancement opportunities that enhance long-term financial returns.
Financial Planning Tips
To make the most of the education investment, students should consider:
- Scholarship Applications: Explore government, corporate, and institute scholarships to reduce out-of-pocket expenses.
- Internships & Projects: Gain practical experience that enhances employability and may lead to early job offers with higher packages.
- Student Loans: Apply for educational loans with favorable interest rates to manage immediate costs without compromising quality education.
- Part-Time Work: Engage in part-time work or freelance opportunities during breaks to offset living expenses.
The institute also offers flexible payment options and financial assistance programs to support students who require aid.