Fee Structure Overview
The Premier Institute of Business and Technology Kozhikode offers a comprehensive fee structure designed to provide high-quality education while ensuring affordability for students from diverse economic backgrounds. The total cost of the business administration program includes tuition fees, hostel charges, mess fees, and other essential expenses.
| Semester | Tuition Fee (INR) | Hostel Fee (INR) | Mess Fee (INR) | Medical Fee (INR) | Other Fees (INR) | Total Fee (INR) |
|---|---|---|---|---|---|---|
| Semester 1 | 80000 | 35000 | 20000 | 2000 | 5000 | 142000 |
| Semester 2 | 80000 | 35000 | 20000 | 2000 | 5000 | 142000 |
| Semester 3 | 80000 | 35000 | 20000 | 2000 | 5000 | 142000 |
| Semester 4 | 80000 | 35000 | 20000 | 2000 | 5000 | 142000 |
| Semester 5 | 80000 | 35000 | 20000 | 2000 | 5000 | 142000 |
| Semester 6 | 80000 | 35000 | 20000 | 2000 | 5000 | 142000 |
| Semester 7 | 80000 | 35000 | 20000 | 2000 | 5000 | 142000 |
| Semester 8 | 80000 | 35000 | 20000 | 2000 | 5000 | 142000 |
The total fee for the entire program amounts to 1,136,000 INR. This includes all components necessary for a full academic experience at the institute.
Hostel & Mess Charges
PIBT provides comfortable and secure hostel facilities for students who wish to reside on campus. The hostel charges are inclusive of basic amenities such as beds, wardrobes, study tables, and internet connectivity.
The annual hostel fee is 35,000 INR per student, which includes utilities like electricity, water, and maintenance services. Students can choose from various room types including single, double, and triple occupancy options based on their preferences and budget constraints.
Mess charges are set at 20,000 INR per semester, covering three meals a day with varied dietary options to cater to different tastes and nutritional requirements. The mess facilities offer both vegetarian and non-vegetarian meals prepared by qualified chefs following strict hygiene standards.
Additionally, the hostel infrastructure includes common areas such as lounges, study rooms, gymnasiums, and recreational spaces where students can relax and socialize with peers. The campus security system ensures a safe environment for all residents throughout the year.
Return on Investment (ROI) Analysis
The Return on Investment (ROI) analysis for the business administration program at Premier Institute of Business and Technology Kozhikode is highly favorable, considering the quality of education and post-graduation opportunities available to students.
With a total cost of 1,136,000 INR for the entire program, graduates from PIBT can expect an average starting package of 600,000 INR. This translates to an ROI of approximately 1.5, meaning that every rupee invested in education yields a return of 1.5 times within two years of graduation.
Furthermore, the institute's placement statistics show that the highest package offered to students has increased from INR 900,000 in 2018 to INR 1,500,000 in 2024. This significant growth indicates a positive trend in student outcomes and suggests that the investment in PIBT's education is well-rewarded over time.
Students who secure positions in top-tier companies like Google, Microsoft, Amazon, and Goldman Sachs can command even higher packages, further enhancing their ROI. For instance, graduates placed with firms such as JP Morgan Chase or Morgan Stanley often receive packages exceeding INR 1,200,000, significantly improving their return on educational investment.
Moreover, the institute's focus on entrepreneurship and innovation provides additional pathways for students to maximize their returns through startup ventures or consulting opportunities. The support system provided by the incubation center and mentorship programs ensures that students have access to resources and guidance needed to build successful businesses.
Financial Aid and Scholarships
To make education accessible to deserving students, PIBT offers various financial aid options including scholarships, fee waivers, and payment plans. The institute recognizes the importance of supporting talented individuals regardless of their economic background.
The merit-based scholarship scheme awards full or partial fee waivers to top-performing students who demonstrate exceptional academic achievements. Additionally, need-based financial assistance is available for students from economically disadvantaged families through government schemes and donor-funded programs.
Students can also explore external scholarship opportunities provided by government bodies, private organizations, and international foundations. These scholarships often come with specific eligibility criteria and application processes that must be carefully followed to qualify for financial support.
Payment Options
The institute provides flexible payment options for students to manage their fees effectively. Parents or guardians can opt for installment payments through online banking systems or direct bank transfers. The system allows for easy tracking of payments and ensures timely submission of dues without any inconvenience.
Students can also apply for student loans from nationalized banks and private lenders who offer favorable interest rates and repayment terms for educational expenses. The institute maintains partnerships with several financial institutions to facilitate access to these loans for eligible students.
Additional Charges
Beyond the standard fee structure, students may incur additional charges related to activities such as library usage, laboratory access, field trips, guest lectures, and extracurricular events. These charges are typically minimal and are announced in advance to ensure transparency in billing practices.
The institute also offers optional services like career counseling, resume writing workshops, and interview preparation sessions that may attract additional fees. However, these services are entirely voluntary and provide added value to the overall educational experience.