Fee Structure Overview
Premier Institute of Management Studies Ahmedabad (PIMS) maintains a transparent and reasonable fee structure that reflects the quality of education provided. The total cost for the two-year MBA program is structured over four semesters, with each semester having specific charges.
| Fee Head | Semester 1 (INR) | Semester 2 (INR) | Semester 3 (INR) | Semester 4 (INR) |
|---|---|---|---|---|
| Tuition Fee | 60,000 | 60,000 | 60,000 | 60,000 |
| Hostel Fee | 35,000 | 35,000 | 35,000 | 35,000 |
| Mess Fee | 15,000 | 15,000 | 15,000 | 15,000 |
| Medical Fee | 2,000 | 2,000 | 2,000 | 2,000 |
| Registration Fee | 5,000 | - | - | - |
| Development Fee | 10,000 | - | - | - |
| Total (INR) | 127,000 | 112,000 | 112,000 | 112,000 |
Hostel & Mess Charges
PIMS offers modern hostel facilities to accommodate students from across the country. The hostels are equipped with essential amenities such as Wi-Fi, AC rooms, common areas, and 24/7 security.
The hostel charges for each semester include:
- Room Rent: INR 35,000
- Utilities (Electricity, Water, Internet): Included in room rent
- Laundry Services: Optional at INR 1,000 per month
- Maintenance Fee: INR 2,000 per semester
Students can choose between single and double occupancy rooms based on availability. The hostel management ensures cleanliness, safety, and comfort for all residents.
Mess Charges
The mess facility at PIMS provides nutritious meals to students throughout the day. The charges include:
- Daily Meal Charges: INR 15,000 per semester
- Breakfast, Lunch, and Dinner provided daily
- Vegetarian and Non-Vegetarian options available
- Special dietary arrangements for students with allergies or restrictions
The mess is managed by professional catering services that ensure hygiene, quality, and variety in meals. Regular feedback sessions are conducted to improve the dining experience.
Return on Investment (ROI) Analysis
The ROI analysis of the MBA program at PIMS considers the total cost of education against the average placement package received by graduates. Based on recent data:
- Total Fee for Two-Year Program: INR 463,000
- Average Placement Package (2024): INR 8,00,000
- ROI Ratio: 1.73 (Approx.)
This ROI ratio indicates that students can expect a return of approximately 1.73 times their investment within two years of graduation, considering the average salary offered by top recruiters.
Financial Aid and Scholarships
PIMS offers various financial aid options to support deserving students:
- Merit-based Scholarships: Available for top-performing students in academic performance and extracurricular activities.
- Need-based Financial Aid: Assessed through income verification and family background checks.
- Government Schemes: Students can apply for schemes like PMKVY, Swarna Jayanti Yuva Yojana, and others.
- Corporate Sponsorships: Collaborations with organizations to fund scholarships for specific categories of students.
The institute also facilitates student loans through financial institutions, offering easy access to funds for those who require additional support during their studies.
Payment Options
Students can make payments through multiple modes:
- Online Payment Gateway (Credit/Debit Cards, Net Banking)
- Bank Transfer
- Cash (Limited availability)
- Installment Plans (Subject to approval)
For installment plans, students must submit an application and agree to a repayment schedule. The institute provides detailed information on payment deadlines and penalties for late payments.
Additional Costs
In addition to the core fees, students may incur extra costs for:
- Study Materials: INR 5,000-10,000 per semester
- Conferences and Seminars: INR 2,000-5,000 per event
- Transportation: Varies based on location
- Personal Expenses: Varies based on lifestyle choices
The institute provides a student handbook that outlines all expected expenses, allowing students to plan their finances accordingly.