Fee Structure
The fee structure at Modern College of Commerce and Management Chennai is transparent, competitive, and aligned with the quality of education provided. The total annual fees for the program are ₹1,80,000, payable in two semesters. Below is a detailed breakdown:
| Fee Head | Semester 1 (₹) | Semester 2 (₹) |
|---|---|---|
| Tuition Fee | 80,000 | 80,000 |
| Hostel Fee | 25,000 | 25,000 |
| Mess Fee | 10,000 | 10,000 |
| Medical Fee | 2,000 | 2,000 |
| Library Fee | 1,000 | 1,000 |
| Development Fee | 3,000 | 3,000 |
| Total | 1,21,000 | 1,21,000 |
Hostel & Mess Charges
The college provides well-maintained hostel facilities for both male and female students. The hostels are equipped with modern amenities including Wi-Fi, air conditioning, attached bathrooms, and common lounges. Hostel charges vary by accommodation type:
- Single Occupancy Room: ₹25,000 per semester
- Double Occupancy Room: ₹20,000 per semester
- Triple Occupancy Room: ₹18,000 per semester
The mess charges are inclusive of three meals a day and include vegetarian options. Students have the flexibility to choose between standard and premium meal plans based on their dietary preferences.
Return on Investment (ROI) Analysis
With an average starting salary of ₹600,000 per annum, the ROI for MCM Chennai graduates is estimated at 4.5x over a five-year period. This calculation assumes that students begin their careers immediately after graduation and continue to receive annual raises based on industry trends.
For example, if a student invests ₹2,42,000 (total annual fees for two semesters) in the program, they can expect to earn approximately ₹30,00,000 over five years. This figure includes both direct income and career growth benefits such as promotions and leadership opportunities.
The ROI analysis also considers the long-term benefits of education, including networking, skill development, and career flexibility. The college’s strong alumni network and industry connections enhance job opportunities and salary progression for graduates, further increasing the overall value of the investment.