Fee Structure Overview
The fee structure at Innovative College of Commerce and Management Nagpur is designed to provide world-class education while remaining accessible to students from diverse economic backgrounds. The college offers competitive fee structures with transparent payment options and financial assistance programs for deserving students.
Annual Fee Breakdown
| Semester | Tuition Fee (₹) | Hostel Fee (₹) | Mess Fee (₹) | Medical Fee (₹) | Other Fees (₹) | Total (₹) |
|---|---|---|---|---|---|---|
| Semester 1 | 70,000 | 30,000 | 8,000 | 2,000 | 5,000 | 115,000 |
| Semester 2 | 70,000 | 30,000 | 8,000 | 2,000 | 5,000 | 115,000 |
| Semester 3 | 70,000 | 30,000 | 8,000 | 2,000 | 5,000 | 115,000 |
| Semester 4 | 70,000 | 30,000 | 8,000 | 2,000 | 5,000 | 115,000 |
| Semester 5 | 70,000 | 30,000 | 8,000 | 2,000 | 5,000 | 115,000 |
| Semester 6 | 70,000 | 30,000 | 8,000 | 2,000 | 5,000 | 115,000 |
| Semester 7 | 70,000 | 30,000 | 8,000 | 2,000 | 5,000 | 115,000 |
| Semester 8 | 70,000 | 30,000 | 8,000 | 2,000 | 5,000 | 115,000 |
Hostel & Mess Charges
The college provides comfortable accommodation facilities for students through its hostel system. The hostel charges are inclusive of basic amenities such as bed, mattress, study table, chair, and Wi-Fi connectivity.
- Hostel Fee: ₹30,000 per semester (single or shared room options available)
- Mess Fee: ₹8,000 per semester (includes breakfast, lunch, dinner, and evening snacks)
Students can choose between different hostel categories based on their preferences and budget. The mess serves nutritious meals prepared by professional chefs and follows strict hygiene protocols to ensure food safety.
Return on Investment (ROI) Analysis
The ROI for students at ICCM Nagpur is calculated based on the total cost of education and the average placement package received after graduation. With an average package of ₹6.5 lakhs per annum, students can expect a return of approximately 10.5x over the course of their four-year degree program.
- Total Fee Paid: ₹920,000 (8 semesters)
- Average Starting Salary: ₹6.5 lakhs per annum
- ROI: 10.5x
This ROI analysis demonstrates the value proposition of pursuing a degree at ICCM Nagpur, where students not only receive high-quality education but also gain access to lucrative career opportunities that justify their investment.