Fee Structure and Return on Investment at Millennium College of Management
Millennium College of Management offers a world-class education with transparent and competitive fee structures. The college's commitment to providing value for money is reflected in its comprehensive fee structure, which covers all aspects of student life and academic excellence.
| Semester | Tuition Fee (₹) | Hostel Fee (₹) | Mess Fee (₹) | Medical Fee (₹) | Other Charges (₹) | Total Fee (₹) |
|---|---|---|---|---|---|---|
| First Semester | 2,50,000 | 1,20,000 | 30,000 | 5,000 | 10,000 | 4,15,000 |
| Second Semester | 2,50,000 | 1,20,000 | 30,000 | 5,000 | 10,000 | 4,15,000 |
| Third Semester | 2,50,000 | 1,20,000 | 30,000 | 5,000 | 10,000 | 4,15,000 |
| Fourth Semester | 2,50,000 | 1,20,000 | 30,000 | 5,000 | 10,000 | 4,15,000 |
| Fifth Semester | 2,50,000 | 1,20,000 | 30,000 | 5,000 | 10,000 | 4,15,000 |
| Sixth Semester | 2,50,000 | 1,20,000 | 30,000 | 5,000 | 10,000 | 4,15,000 |
| Seventh Semester | 2,50,000 | 1,20,000 | 30,000 | 5,000 | 10,000 | 4,15,000 |
| Eighth Semester | 2,50,000 | 1,20,000 | 30,000 | 5,000 | 10,000 | 4,15,000 |
Hostel & Mess Charges
The hostel facilities at MCM are designed to provide students with a comfortable and conducive environment for academic and personal development. The college offers well-furnished hostels with modern amenities:
- Room Type: Single, Double, Triple occupancy rooms with attached bathrooms.
- Amenities: Air conditioning, Wi-Fi, study tables, wardrobes, and common areas.
- Facilities: 24/7 security, laundry services, gymnasium, and recreational spaces.
- Hostel Fee: ₹1,20,000 per semester for hostel accommodation.
The mess charges are inclusive of three meals a day and include both vegetarian and non-vegetarian options. The college ensures high standards of hygiene and nutrition through its dedicated food services team.
Return on Investment (ROI) Analysis
The return on investment for MCM graduates is evident from the consistently high placement packages and career opportunities available to students. Over the past five years, the average starting salary has been ₹12 lakh per annum, with top performers earning up to ₹45 lakh.
Considering the total cost of education over four years (₹33,20,000) and the average placement package of ₹12 lakh, the ROI is approximately 1.2 times. This means that students not only recover their educational investment but also gain a substantial financial return.
Additionally, the college's strong alumni network and industry connections provide graduates with continued career growth opportunities. Many alumni have risen to senior management positions in leading corporations, further enhancing their earning potential over time.
Financial Planning and Support
To ensure that all students can access quality education regardless of their financial background, MCM offers various financial support options:
- Merit Scholarships: Based on academic performance and leadership qualities.
- Need-Based Scholarships: For students from economically disadvantaged backgrounds.
- Corporate Sponsorships: Through partnerships with leading organizations.
- Government Schemes: Available through various government initiatives for higher education.
The college also provides financial literacy programs and workshops to help students manage their expenses and plan for future career goals.