Fees
The fee structure at Modern College of Engineering Varanasi is designed to be transparent and affordable, ensuring that quality education remains accessible to students from diverse backgrounds. The total cost for an engineering program spans eight semesters, with each semester comprising multiple components.
The tuition fee for each semester is INR 1,20,000, which covers the academic instruction, laboratory access, and digital resources provided by the college. This amount is fixed and does not change across semesters, providing students with financial predictability.
Hostel charges are set at INR 60,000 per semester, reflecting the high standards of accommodation offered. Hostels at MCE are equipped with modern amenities including air conditioning, internet connectivity, laundry services, and 24/7 security. These facilities ensure a comfortable living environment conducive to academic success.
The mess fee is INR 20,000 per semester, covering nutritious meals prepared by professional chefs. The college's catering service ensures that students receive balanced diets that support their physical and mental well-being during their studies.
Medical fees amount to INR 5,000 per semester, which covers routine health check-ups, basic treatments, and access to medical professionals on campus. This provision ensures that students can maintain good health while focusing on their academic pursuits.
Additional fees totaling INR 10,000 per semester include registration charges, examination fees, and administrative costs. These fees are essential for maintaining the quality of education and ensuring smooth operations within the college.
Total Fee Breakdown
The total fee for one academic year (two semesters) is INR 4,30,000, with a cumulative cost of INR 17.2 LPA over the entire duration of the program. This investment is supported by strong placement outcomes that justify the expense.
Hostel & Mess Charges
The hostel facilities at MCE are designed to provide an optimal living environment for students. Hostels are equipped with modern amenities such as air conditioning, Wi-Fi, and study areas. Each room houses two students, promoting a sense of community and collaboration among residents.
Massage services, laundry facilities, and 24-hour security ensure that students can focus on their studies without worrying about daily needs. The hostel management also organizes regular events to foster interaction among residents and promote a healthy campus culture.
The mess facility offers a diverse menu of dishes prepared by skilled chefs. Meals are served in a hygienic environment, ensuring that students receive nutritious food throughout their stay. Special dietary arrangements are made available for students with specific requirements.
Return on Investment (ROI) Analysis
The ROI analysis for the program at Modern College of Engineering Varanasi demonstrates the financial viability of investing in education at this institution. With a total investment of INR 17.2 LPA over eight semesters, students benefit from an average placement package of INR 9.1 LPA.
This results in an ROI of approximately 2.4x over a two-year period, meaning that the initial investment is recovered and exceeded within the first year post-graduation. The return is even more significant when considering the long-term career growth and earning potential of MCE graduates.
Furthermore, the college's strong industry connections and reputation ensure that students secure positions in organizations that offer competitive compensation packages. This enhances the overall value proposition of the education received at MCE Varanasi.