Fee Structure at OXFORD INTERNATIONAL COLLEGE OF MANAGEMENT
OICOM offers world-class education at competitive prices, ensuring that quality management training is accessible to students from diverse backgrounds. The fee structure is transparent and designed to provide value for money while covering all essential aspects of student life.
Annual Fee Structure (2024-25)
Head | Semester 1 (INR) | Semester 2 (INR) | Total Annual (INR) |
---|---|---|---|
Tuition Fee | 450000 | 450000 | 900000 |
Hostel Fee | 80000 | 80000 | 160000 |
Mess Fee | 45000 | 45000 | 90000 |
Medical Fee | 2000 | 2000 | 4000 |
Other Charges | 30000 | 30000 | 60000 |
Total | 567000 | 567000 | 1134000 |
Hostel & Mess Charges
OICOM provides comfortable and secure accommodation facilities for students through its hostel system. The hostels are equipped with modern amenities including Wi-Fi, air conditioning, laundry services, and 24/7 security. The hostel fee includes:
- Single occupancy room (approximately 100 sq ft)
- Shared common areas
- Laundry and cleaning services
- 24-hour security and surveillance
- Wi-Fi connectivity in all rooms
- Access to gym, library, and study halls
Mess charges cover three meals per day with a variety of vegetarian options. The mess is managed by professional catering services that ensure hygiene standards are maintained at all times.
Return on Investment (ROI) Analysis
The ROI for OICOM programs can be calculated based on the average starting salary and the total cost of education over two years. Assuming an average package of 800,000 INR and a total fee of 1,134,000 INR, the ROI is approximately 1.2x. This means that for every rupee invested in education, students earn back 1.2 rupees within two years.
Payment Options
OICOM offers flexible payment options to accommodate students from different financial backgrounds:
- Installment plans for tuition fees and hostel charges
- Online banking and credit card payments
- Debit card and net banking facilities
- Financial assistance through government schemes and scholarships
Additional Costs
In addition to the standard fees, students may incur costs for:
- Books and study materials (approx. 5000 INR/year)
- Stationery and personal expenses (approx. 10000 INR/year)
- Transportation and travel (varies by location)
- Extra-curricular activities and clubs
Financial Aid Programs
OICOM supports financially disadvantaged students through various initiatives:
- Scholarship programs funded by the institute
- Government-funded financial aid schemes
- Corporate sponsorships and grants
- Student loans from nationalized banks
Transparency in Fee Structure
OICOM maintains complete transparency in its fee structure, publishing all charges clearly on its website and during admission counseling sessions. The college ensures that there are no hidden fees or additional charges beyond what is listed in the fee schedule.
Annual Fee Increases
The annual fee increases are aligned with inflation rates and institutional development costs. The college reviews the fee structure every academic year to ensure it remains competitive while maintaining quality standards.
Discounts and Waivers
OICOM offers discounts and waivers for:
- Meritorious students (based on performance in board exams or entrance tests)
- Siblings of current OICOM students
- Students from economically weaker sections
- Alumni children and donors' dependents
Financial Planning Tips
To manage the financial burden effectively, students are advised to:
- Plan their finances well in advance
- Apply for scholarships and financial aid early
- Explore part-time job opportunities (within college rules)
- Use installment payment plans wisely
- Keep track of all expenses and budget accordingly
Support Services for Financial Challenges
OICOM provides support services for students facing financial difficulties:
- Counseling on financial planning and budgeting
- Assistance in applying for loans and grants
- Guidance on managing expenses during the academic year
- Access to emergency funds for unforeseen circumstances
Comparison with Other Institutions
OICOM’s fee structure is competitive when compared to other premier management institutions in India. While some top-tier colleges charge significantly higher fees, OICOM ensures that quality education is accessible without compromising affordability.