Fee Structure Overview
The total fee for the MBA program at Loyola Institute of Business Administration (LIBA) Chennai is designed to provide comprehensive value through quality education, industry exposure, and support services. The fees are structured on a semester basis, allowing students to manage payments effectively.
Fee Head | Semester 1 (INR) | Semester 2 (INR) | Semester 3 (INR) | Semester 4 (INR) |
---|---|---|---|---|
Tuition Fee | 75,000 | 75,000 | 75,000 | 75,000 |
Hostel Fee | 25,000 | 25,000 | 25,000 | 25,000 |
Mess Fee | 15,000 | 15,000 | 15,000 | 15,000 |
Medical Fee | 2,000 | 2,000 | 2,000 | 2,000 |
Library Fee | 1,000 | 1,000 | 1,000 | 1,000 |
Placement Fee | 3,000 | 3,000 | 3,000 | 3,000 |
Other Charges | 2,000 | 2,000 | 2,000 | 2,000 |
Total | 123,000 | 123,000 | 123,000 | 123,000 |
Hostel & Mess Charges
LIBA provides comfortable and secure accommodation options for students through its hostel facilities. The hostel charges are inclusive of all essential amenities such as Wi-Fi, electricity, water, and maintenance services.
Hostel Facilities
The hostels at LIBA are modernly designed with single and double-sharing rooms, common areas, study rooms, laundry facilities, and 24-hour security. Students can choose between AC and non-AC rooms based on their preference and budget.
Mess Charges
Each student is provided with a mess facility that serves three meals daily. The mess charges cover nutritious and hygienic food options prepared by professional chefs. Meals are served in a clean and hygienic environment, ensuring the health and well-being of students.
Return on Investment (ROI) Analysis
The ROI analysis for the MBA program at LIBA is based on the total cost of education and the average placement package received by graduates. This analysis helps prospective students understand the financial value they can expect from their investment in the program.
Total Cost of Education
The total fee structure for four semesters amounts to Rs. 492,000. When factoring in additional charges such as hostel, mess, and other fees, the overall cost is approximately Rs. 517,000.
Average Placement Package
Graduates from LIBA receive an average placement package of Rs. 800,000. This figure represents a strong return on investment, especially considering the high-quality education and industry exposure provided by the school.
ROI Calculation
The ROI for the program is calculated as follows:
ROI = (Average Placement Package - Total Cost of Education) / Total Cost of Education × 100
ROI = (800,000 - 517,000) / 517,000 × 100 = 54.7%
This ROI indicates that students can expect a significant return on their investment in terms of career growth and earning potential.
Payment Options
LIBA offers flexible payment options to ease the financial burden on students. Payments can be made through various modes including online banking, credit/debit cards, demand drafts, and cheques. The school also provides installment plans for students who require financial assistance.
Financial Aid & Scholarships
To support deserving students, LIBA offers several financial aid options including scholarships, fee waivers, and loan assistance programs. These initiatives are designed to make quality education accessible to all qualified candidates regardless of their economic background.