Fee Structure Overview
The fee structure at MITM is designed to be transparent, competitive, and affordable while ensuring high-quality education and facilities. The institute offers various payment options and financial assistance programs to support students from diverse economic backgrounds.
Annual Fee Breakdown (Per Semester)
| Fee Head | Amount (INR) |
|---|---|
| Tuition Fee | 1,80,000 |
| Hostel Fee | 45,000 |
| Mess Fee | 20,000 |
| Medical Fee | 3,000 |
| Library Fee | 1,500 |
| Student Activity Fee | 2,000 |
| Development Fee | 10,000 |
| Total Annual Fee (Per Semester) | 2,61,500 |
For a four-year program, the total fee would amount to approximately 523,000 INR per student. This includes all mandatory components and is subject to minor adjustments based on inflation or institutional policies.
Hostel & Mess Charges
The hostel facility at MITM is designed to provide a comfortable and conducive environment for learning and personal growth. Hostel rooms are equipped with essential amenities including beds, study tables, wardrobes, fans, and internet connectivity.
Hostel Accommodation Details
- Room Type: 2- or 4-sharing rooms
- Bedding Provided: Bed, mattress, pillow, blanket
- Amenities: Study table, chair, wardrobe, fan, internet access
- Security: 24-hour security, CCTV surveillance, key card access
- Common Areas: Lounge, study hall, gymnasium, kitchen, laundry room
The hostel charges vary depending on the room type and facilities. Students can opt for single, double, or quad-sharing accommodations based on availability and preference.
Mess Facility
MITM operates a centralized mess facility that caters to all students living on campus. The mess provides three meals daily with a balanced diet and varied menu options to meet diverse nutritional needs.
- Meal Plan: Breakfast, Lunch, Dinner
- Menu Variety: Vegetarian, Non-Vegetarian, Hybrid options
- Dining Hours: 8:00 AM - 10:30 PM
- Foods Offered: North Indian, South Indian, Continental, Chinese, Italian
The mess charges are inclusive of all meals and are adjusted quarterly based on market prices and nutritional requirements.
Return on Investment (ROI) Analysis
The ROI for MITM graduates is significantly positive when compared to the total cost of education. Based on historical placement data, the average starting salary is around 6.5 lakh INR per annum, with top performers earning up to 12 lakh INR.
With an annual fee of approximately 2,61,500 INR and a four-year program duration, the total investment in education amounts to roughly 10.46 lakhs. Assuming an average salary of 6.5 lakh, the ROI is calculated as follows:
- Total Investment: 10.46 lakhs
- Annual Salary (Average): 6.5 lakhs
- ROI over 4 Years: 260%
This indicates a strong return on investment, considering the high placement rate and industry recognition of MITM graduates.
Factors Influencing ROI
The ROI for MITM is influenced by several factors including:
- Industry Recognition: High placement rates in top companies improve earning potential.
- Skills Development: Practical training and internships enhance employability.
- Networking Opportunities: Alumni connections and industry partnerships open doors to better opportunities.
- Entrepreneurship Support: Incubation centers and funding help students start their own ventures.