Fee Structure Overview
The fee structure at Mathuradevi Institute of Technology and Management is designed to be transparent, affordable, and competitive with other premier institutions in the region. The total cost for a four-year undergraduate program includes tuition fees, hostel charges, mess fees, and various other charges.
Head | Semester 1 (₹) | Semester 2 (₹) | Semester 3 (₹) | Semester 4 (₹) | Semester 5 (₹) | Semester 6 (₹) | Semester 7 (₹) | Semester 8 (₹) |
---|---|---|---|---|---|---|---|---|
Tuition Fee | 120000 | 120000 | 120000 | 120000 | 120000 | 120000 | 120000 | 120000 |
Hostel Fee | 40000 | 40000 | 40000 | 40000 | 40000 | 40000 | 40000 | 40000 |
Mess Fee | 20000 | 20000 | 20000 | 20000 | 20000 | 20000 | 20000 | 20000 |
Medical Fee | 5000 | 5000 | 5000 | 5000 | 5000 | 5000 | 5000 | 5000 |
Library Fee | 2000 | 2000 | 2000 | 2000 | 2000 | 2000 | 2000 | 2000 |
Other Charges | 10000 | 10000 | 10000 | 10000 | 10000 | 10000 | 10000 | 10000 |
Total | 197000 | 197000 | 197000 | 197000 | 197000 | 197000 | 197000 | 197000 |
Hostel & Mess Charges
The hostel facilities at MITH are designed to provide a comfortable and conducive environment for students to focus on their studies. The hostel charges vary depending on the room type and amenities offered.
There are three types of hostels available:
- AC Rooms (Single Occupancy): ₹40,000 per semester
- Non-AC Rooms (Single Occupancy): ₹35,000 per semester
- Shared Rooms (2-3 Occupants): ₹30,000 per semester
All hostels come with basic amenities such as Wi-Fi, laundry services, and 24-hour security. AC rooms offer additional comfort with air conditioning units, while shared rooms are more economical for students seeking budget-friendly accommodation.
The mess facilities at MITH are managed by professional catering companies that ensure nutritious meals for students. The mess charges include breakfast, lunch, and dinner for all students, with vegetarian options available for those following dietary restrictions.
Special arrangements are made for students with medical conditions or religious preferences, ensuring that everyone receives appropriate meals without compromising on quality or hygiene standards.
Return on Investment (ROI) Analysis
The ROI analysis for the Computer Science and Engineering program at MITH is highly favorable, considering the placement statistics and average salary packages offered to graduates. With an average starting salary of ₹600,000 per annum and a maximum package reaching ₹1500,000, students can expect a return on their investment within 2-3 years after graduation.
Considering the total cost of education over four years:
- Total Tuition Fee: ₹960,000
- Total Hostel Fee: ₹320,000
- Total Mess Fee: ₹160,000
- Total Medical Fee: ₹40,000
- Total Library Fee: ₹16,000
- Total Other Charges: ₹80,000
Grand Total: ₹1,576,000
This investment yields an average annual return of approximately ₹300,000 over the first three years post-graduation. After accounting for inflation and additional expenses such as travel, clothing, and personal needs, students can expect a net gain of around ₹180,000 to ₹240,000 per year.
Moreover, many graduates choose to pursue higher studies or start their own ventures, further enhancing their earning potential. The institute's strong alumni network provides mentorship and support for entrepreneurial endeavors, increasing the likelihood of long-term financial success.