Fee Structure Overview
The total fee for the B.Tech Operations Management program at INDORE INSTITUTE OF MANAGEMENT AND RESEARCH is Rs. 850,000 for the entire duration of four years. This includes all components such as tuition, hostel charges, mess advance, and other mandatory fees.
| Semester | Tuition Fee (Rs.) | Hostel Rent (Rs.) | Mess Advance (Rs.) | Student Benevolent Fund (Rs.) | Medical Fees (Rs.) | Gymkhana Fees (Rs.) | Examination Fees (Rs.) | Total Per Semester |
|---|---|---|---|---|---|---|---|---|
| I | 150000 | 40000 | 20000 | 1000 | 3000 | 2000 | 2000 | 219000 |
| II | 150000 | 40000 | 20000 | 1000 | 3000 | 2000 | 2000 | 219000 |
| III | 150000 | 40000 | 20000 | 1000 | 3000 | 2000 | 2000 | 219000 |
| IV | 150000 | 40000 | 20000 | 1000 | 3000 | 2000 | 2000 | 219000 |
| V | 150000 | 40000 | 20000 | 1000 | 3000 | 2000 | 2000 | 219000 |
| VI | 150000 | 40000 | 20000 | 1000 | 3000 | 2000 | 2000 | 219000 |
| VII | 150000 | 40000 | 20000 | 1000 | 3000 | 2000 | 2000 | 219000 |
| VIII | 150000 | 40000 | 20000 | 1000 | 3000 | 2000 | 2000 | 219000 |
Detailed Fee Components
- Tuition Fee: Covers instruction, laboratory sessions, and access to digital learning resources. Includes textbooks, lecture notes, and online platforms.
- Hostel Rent: Monthly rent for accommodation in campus-hostels with shared facilities such as common rooms, laundry services, and 24/7 security.
- Mess Advance: Advance payment for food consumption during the semester. Billing is done monthly based on actual usage.
- Student Benevolent Fund: A nominal fee contributing to student welfare initiatives, including scholarships, sports activities, and cultural events.
- Medical Fees: Covers basic healthcare services provided within campus clinics, including consultations, medicine dispensation, and emergency care.
- Gymkhana Fees: Funds gym memberships and recreational activities for physical fitness and mental well-being.
- Examination Fees: Covers examination registration, evaluation, and result processing charges. Includes fees for additional attempts if needed.
Hostel & Mess Charges
The hostel facilities offer multiple room types to accommodate different needs:
- Single Occupancy Room: Rs. 1500/month
- Double Occupancy Room: Rs. 1000/month
- Triple Occupancy Room: Rs. 750/month
Mess charges vary by meal plan:
- Standard Meal Plan: Rs. 2000/month
- Premium Meal Plan: Rs. 3000/month
Rebate policies allow students to receive partial refunds in case of extended absences due to illness or travel. Additional charges may apply for extra services like room upgrades or private dining arrangements.
Fee Waivers, Concessions, and Scholarships
We provide financial assistance through various scholarship schemes:
- Merit-Based Scholarships: Available to students scoring above 90% in qualifying exams. Covers up to 100% of tuition fees.
- Need-Based Concessions: For families with annual income below Rs. 3 lakhs, offering up to 50% reduction in total fees.
- Category-Based Benefits: SC/ST/PwD students receive full fee waivers or substantial discounts as per government guidelines.
- EWS Category Concessions: Students from economically weaker sections receive a 25% discount on tuition fees.
The application process involves submitting necessary documents including income certificates, caste certificates, and bank statements. Applications are reviewed by the financial aid committee and decisions are communicated within two weeks of submission.
Payment Procedures & Refund Policy
Payments must be made via online banking or demand draft issued in favor of 'INDORE INSTITUTE OF MANAGEMENT AND RESEARCH'. The deadline for each semester's payment is set before the start of the academic term.
Late fees are calculated at 1% per month on overdue amounts. Refunds are processed upon withdrawal or course completion, subject to certain conditions:
- Refund requests must be submitted within one month of withdrawal.
- Half of the tuition fee is refunded after deducting administrative charges.
- No refund is granted if the student has availed any scholarships or concessions.