Fee Structure Overview
The fee structure for the Master of Business Administration program at Maharishi Markandeshwar University Ambala is transparent and designed to support students throughout their academic journey. The total cost per semester includes tuition, hostel, mess, and other miscellaneous charges.
| Component | Semester-wise Breakdown (₹) | Description |
|---|---|---|
| Tuition Fee | 1,20,000 | Annual fee covering instruction and academic resources. |
| Hostel Rent | 30,000 | Monthly accommodation charges for on-campus housing. |
| Mess Advance | 25,000 | Advance payment for food services for one semester. |
| Student Benevolent Fund | 1,000 | Contributes to student welfare and development activities. |
| Medical Fees | 2,000 | Healthcare services provided by the university hospital. |
| Gymkhana Fees | 1,500 | Facilities for physical fitness and sports activities. |
| Examination Fees | 2,000 | Charges for conducting examinations and assessments. |
| Total Per Semester | 1,81,500 | Sum of all components per semester. |
Fee Waivers, Concessions, and Scholarships
The university offers various financial assistance schemes to ensure accessibility for deserving students. Eligibility criteria include income slabs, reservation categories, and academic merit. For instance, SC/ST/PwD students may receive up to 100% fee waivers, while EWS category students are eligible for partial concessions.
MCM (Meritorious Students) scholarships are awarded based on performance in entrance examinations and previous academic records. Applications for these scholarships must be submitted during the admission process and reviewed by a dedicated committee.
Payment Procedures & Refund Policy
Payments must be made through NEFT/RTGS or online banking channels. Late payments incur a fixed penalty of ₹1,000 per month until cleared. Refunds are processed within 15 working days upon withdrawal from the program, subject to verification and compliance with university rules.