Fee Structure Overview
The fee structure for the Bachelor of Technology program at Premier College of Engineering Ranchi is designed to provide comprehensive value while ensuring accessibility. The total cost for four years includes tuition, hostel, mess, and other essential charges. Below is a detailed breakdown:
| Head | Semester 1 (INR) | Semester 2 (INR) | Semester 3 (INR) | Semester 4 (INR) | Semester 5 (INR) | Semester 6 (INR) | Semester 7 (INR) | Semester 8 (INR) |
|---|---|---|---|---|---|---|---|---|
| Tuition Fee | 1,20,000 | 1,20,000 | 1,20,000 | 1,20,000 | 1,20,000 | 1,20,000 | 1,20,000 | 1,20,000 |
| Hostel Fee | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 |
| Mess Fee | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 |
| Medical Fee | 2,000 | 2,000 | 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 | 1,000 | 1,000 |
| Examination Fee | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 |
| Security Deposit | 10,000 | - | - | - | - | - | - | - |
| Total | 2,05,000 | 2,05,000 | 2,05,000 | 2,05,000 | 2,05,000 | 2,05,000 | 2,05,000 | 2,05,000 |
The total cost for four years is approximately 8,20,000 INR. The college also offers flexible payment options and installment plans to ease the financial burden on students.
Hostel & Mess Charges
Premier College of Engineering Ranchi provides excellent accommodation facilities for students through its hostel system. The hostels are equipped with modern amenities including air conditioning, internet connectivity, common rooms, and 24-hour security services.
The hostel charges include:
- Double occupancy rooms (INR 50,000 per semester)
- Single occupancy rooms (INR 70,000 per semester)
- AC and non-AC options available
- Room cleaning and maintenance services included
- Security deposit of INR 10,000 (refundable upon leaving)
Mess charges are inclusive of three meals daily with a variety of vegetarian and non-vegetarian options. The mess facilities are regularly monitored for hygiene and quality standards to ensure student satisfaction.
Return on Investment (ROI) Analysis
The ROI for the B.Tech program at Premier College of Engineering Ranchi is calculated based on the total cost of education and the average starting salary of graduates. With an average package of INR 5,00,000 per annum and a total fee of approximately 8,20,000 INR over four years, students can expect to recoup their investment within two to three years post-graduation.
The ROI calculation assumes:
- Total fees paid over four years: INR 8,20,000
- Average starting package (first year): INR 5,00,000
- Salary growth rate: 10% annually
- Time to break-even: 2.5 years
This analysis shows that graduates of Premier College of Engineering Ranchi achieve a strong ROI within a relatively short period, making it a financially sound investment in their future careers.