Fee Structure Overview
The National College of Commerce and Management Shimla offers competitive fee structures that reflect the quality of education, infrastructure, and facilities provided to students. The college ensures transparency in all financial aspects while striving to make quality education accessible to deserving candidates.
Annual Fee Breakdown (Per Semester)
| Head | Semester 1 | Semester 2 | Semester 3 | Semester 4 | Semester 5 | Semester 6 |
|---|---|---|---|---|---|---|
| Tuition Fee | ₹80,000 | ₹80,000 | ₹80,000 | ₹80,000 | ₹80,000 | ₹80,000 |
| Hostel Fee | ₹30,000 | ₹30,000 | ₹30,000 | ₹30,000 | ₹30,000 | ₹30,000 |
| Mess Fee | ₹15,000 | ₹15,000 | ₹15,000 | ₹15,000 | ₹15,000 | ₹15,000 |
| Medical Fee | ₹2,000 | ₹2,000 | ₹2,000 | ₹2,000 | ₹2,000 | ₹2,000 |
| Library Fee | ₹1,000 | ₹1,000 | ₹1,000 | ₹1,000 | ₹1,000 | ₹1,000 |
| Development Fee | ₹5,000 | ₹5,000 | ₹5,000 | ₹5,000 | ₹5,000 | ₹5,000 |
| Total Annual Fee | ₹133,000 | ₹133,000 | ₹133,000 | ₹133,000 | ₹133,000 | ₹133,000 |
Hostel & Mess Charges
NCCM provides comfortable accommodation facilities for students through its hostel system. The college maintains well-furnished hostels with amenities such as Wi-Fi, study rooms, laundry services, and 24-hour security.
Hostel Accommodation
- Room Type: Twin-sharing or Triple-sharing rooms
- Facilities: Air-conditioned rooms, attached bathrooms, study desks, wardrobes, and common areas
- Monthly Charges: ₹2,500 per month for twin-sharing; ₹1,800 for triple-sharing
Mess Facilities
The mess facility offers nutritious meals at affordable prices. The menu includes both vegetarian and non-vegetarian options, with a focus on healthy eating habits.
- Daily Meal Cost: ₹150 per day
- Monthly Charges: ₹4,500 per month
- Catering Services: Breakfast, Lunch, and Dinner served daily with seasonal variations
Return on Investment (ROI) Analysis
The ROI for NCCM’s Commerce & Management program is calculated based on the total fees paid over six semesters and the average placement package received by graduates.
Calculation Methodology
Total Fees Paid = ₹133,000 × 6 semesters = ₹798,000
Average Placement Package = ₹450,000
ROI = (Average Placement Package - Total Fees Paid) / Total Fees Paid × 100
ROI = (₹450,000 - ₹798,000) / ₹798,000 × 100 = -43.6%
Interpretation
While the initial ROI appears negative, it is important to note that this calculation does not account for long-term career growth and potential salary increments. Graduates from NCCM typically see significant increases in income over time, making the investment highly valuable.
Long-Term Benefits
- Graduate Salary Growth: Most graduates receive annual raises ranging from 10% to 20%, resulting in higher earnings after two years
- Industry Recognition: The college’s reputation enhances employability and career advancement opportunities
- Alumni Network: Access to a strong alumni network facilitates networking and job referrals
Financial Aid Options
To support financially disadvantaged students, the college offers various financial aid options including:
- Scholarships: Merit-based and need-based scholarships for deserving students
- Student Loans: Assistance with bank loan applications and financial counseling
- Payment Plans: Flexible installment plans for families unable to pay full fees upfront
Conclusion
The fee structure at NCCM is designed to balance quality education with affordability. With a combination of hostel, mess, and academic charges, students receive comprehensive support throughout their academic journey, ensuring an enriching experience that yields long-term returns.