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Fees
₹12,00,000
Placement
92.0%
Avg Package
₹4,50,000
Highest Package
₹8,00,000
Fees
₹12,00,000
Placement
92.0%
Avg Package
₹4,50,000
Highest Package
₹8,00,000
Seats
30
Students
120
Seats
30
Students
120
The fee structure for the Retail Management program at Omkarananda Institute Of Management And Technology is designed to provide comprehensive educational services while remaining accessible to students from diverse economic backgrounds. The total annual fee for the program is approximately Rs. 12,00,000/-, which includes all components required for a complete academic experience.
| Fee Head | Amount (INR) | Frequency |
|---|---|---|
| Tuition Fee | 8,00,000 | Per Year |
| Hostel Rent | 1,20,000 | Per Year |
| Mess Advance | 80,000 | Per Year |
| Student Benevolent Fund | 5,000 | Per Year |
| Medical Fees | 3,000 | Per Year |
| Gymkhana Fees | 2,000 | Per Year |
| Examination Fees | 5,000 | Per Semester |
| Total Annual Fee | 12,00,000 | - |
| Semester | Tuition Fee (INR) | Hostel Rent (INR) | Mess Advance (INR) | Other Fees (INR) | Total (INR) |
|---|---|---|---|---|---|
| Semester I | 4,00,000 | 60,000 | 40,000 | 10,000 | 5,10,000 |
| Semester II | 4,00,000 | 60,000 | 40,000 | 10,000 | 5,10,000 |
| Semester III | 4,00,000 | 60,000 | 40,000 | 10,000 | 5,10,000 |
| Semester IV | 4,00,000 | 60,000 | 40,000 | 10,000 | 5,10,000 |
| Semester V | 4,00,000 | 60,000 | 40,000 | 10,000 | 5,10,000 |
| Semester VI | 4,00,000 | 60,000 | 40,000 | 10,000 | 5,10,000 |
| Semester VII | 4,00,000 | 60,000 | 40,000 | 10,000 | 5,10,000 |
| Semester VIII | 4,00,000 | 60,000 | 40,000 | 10,000 | 5,10,000 |
The tuition fee covers all academic expenses including faculty salaries, teaching materials, laboratory facilities, library access, and administrative costs. This component represents the largest portion of the total program cost and reflects the high-quality education provided by the institute.
The hostel rent provides accommodation for students who wish to stay on campus. The institute maintains modern, well-equipped hostels with 24/7 security, Wi-Fi connectivity, and essential amenities. Students are expected to pay monthly hostel charges during the academic year.
The mess advance covers all dining expenses for the academic year. Students are required to pay this amount in advance to ensure uninterrupted food services throughout their stay at the institute.
This fund supports students from economically disadvantaged backgrounds through scholarships, emergency assistance, and special programs. Contributions help maintain financial support systems for students who need additional assistance.
The medical fees cover access to on-campus healthcare services, including consultations with qualified doctors, basic treatments, and emergency medical care. Students receive comprehensive health insurance coverage as part of their enrollment benefits.
The gymkhana fees support campus recreational activities, sports facilities, cultural programs, and student organizations. These funds ensure that students have access to extracurricular activities that enhance their overall development.
Examination fees cover the cost of conducting end-of-semester assessments, evaluation processes, and result processing. These fees are charged per semester to ensure quality assessment standards and maintain academic integrity.
The institute offers various hostel room configurations to accommodate different student needs:
The mess billing system operates on a monthly cycle with detailed meal plans and pricing structures:
Students may be eligible for rebate policies under certain circumstances:
The institute provides multiple scholarship programs to support students from diverse backgrounds:
The eligibility criteria vary based on scholarship categories:
| Scholarship Type | Eligibility Requirements | Income Slab |
|---|---|---|
| Merit-Based | Top 5% students in each semester | - |
| Need-Based | Family income below 2 lakh per annum | Below 2 Lakh |
| SC/ST/PwD | Caste certificate and family income below 3 lakh | Below 3 Lakh |
| EWS | EWS certificate and family income between 3-6 lakh | 3-6 Lakh |
| MCM | Minority community certificate and family income below 3 lakh | Below 3 Lakh |
Scholarship recipients receive benefits including partial or full fee waivers, monthly stipends, and additional academic support. The application process involves:
Students are expected to complete fee payments by specific deadlines to avoid late fees and maintain enrollment status:
Late payments attract applicable fees as follows:
The refund policy ensures fair handling of financial transactions in case of withdrawal or transfer:
