Fee Structure Overview
The fee structure for MIBT's undergraduate and postgraduate programs is transparent and competitive, designed to offer quality education at an affordable cost. The following table outlines the semester-wise breakdown of fees:
| Semester | Tuition Fee (INR) | Hostel Fee (INR) | Mess Fee (INR) | Medical Fee (INR) | Other Fees (INR) | Total Fee (INR) |
|---|---|---|---|---|---|---|
| Semester 1 | 80000 | 25000 | 15000 | 2000 | 3000 | 125000 |
| Semester 2 | 80000 | 25000 | 15000 | 2000 | 3000 | 125000 |
| Semester 3 | 80000 | 25000 | 15000 | 2000 | 3000 | 125000 |
| Semester 4 | 80000 | 25000 | 15000 | 2000 | 3000 | 125000 |
| Semester 5 | 80000 | 25000 | 15000 | 2000 | 3000 | 125000 |
| Semester 6 | 80000 | 25000 | 15000 | 2000 | 3000 | 125000 |
| Semester 7 | 80000 | 25000 | 15000 | 2000 | 3000 | 125000 |
| Semester 8 | 80000 | 25000 | 15000 | 2000 | 3000 | 125000 |
Hostel & Mess Charges
MIBT provides comfortable and well-maintained hostels for students from across the country. The hostel charges include accommodation, utilities, and basic amenities such as Wi-Fi, laundry, and security.
The mess charges are designed to ensure nutritious meals at reasonable costs. Meals include breakfast, lunch, and dinner, with a variety of vegetarian options available. Students can choose between different meal plans based on their preferences.
Return on Investment (ROI) Analysis
The total cost of education at MIBT is offset by the high placement packages offered to graduates. Based on data from recent years:
- Total tuition fee for 4 years: Rs. 320,000
- Hostel and mess fees for 4 years: Rs. 100,000
- Medical and other fees for 4 years: Rs. 8,000
- Total cost of education: Rs. 428,000
Average starting package for MIBT graduates is Rs. 600,000. This implies a return on investment (ROI) of approximately 1.4x within the first year post-graduation.
With an average salary growth rate of 8% annually, the ROI improves to over 2x by the end of the second year. This makes MIBT one of the most cost-effective options for quality education in business and technology fields.