Fee Structure Overview
The fee structure at Premier Institute of Management Studies Kolhapur is designed to provide quality education while remaining affordable for students from diverse economic backgrounds. The total cost for the two-year MBA program is approximately 10 lakhs, inclusive of all charges.
| Semester | Tuition Fee (INR) | Hostel Fee (INR) | Mess Fee (INR) | Medical Fee (INR) | Other Charges (INR) | Total (INR) |
|---|---|---|---|---|---|---|
| Semester 1 | 200000 | 60000 | 40000 | 5000 | 10000 | 315000 |
| Semester 2 | 200000 | 60000 | 40000 | 5000 | 10000 | 315000 |
| Semester 3 | 200000 | 60000 | 40000 | 5000 | 10000 | 315000 |
| Semester 4 | 200000 | 60000 | 40000 | 5000 | 10000 | 315000 |
Hostel and Mess Charges
PIMS offers comfortable hostel facilities for students, with options ranging from single occupancy rooms to shared accommodations. The hostel charges are inclusive of utilities such as electricity, water, internet, and security services.
Each room is equipped with basic furniture including a bed, study table, chair, and wardrobe. Students can opt for various amenities like AC, Wi-Fi, and laundry services at an additional cost.
Mess fees cover three meals per day, with a diverse menu that includes vegetarian and non-vegetarian options. The mess is managed by professional catering companies to ensure quality food and hygiene standards.
Return on Investment (ROI) Analysis
The ROI for PIMS graduates is calculated based on the total fee paid against the average starting salary offered in the market. Assuming a total fee of 10 lakhs over two years and an average package of 650,000 INR, the ROI can be estimated as follows:
Net Gain = Average Package - Total Fees = 650,000 - 10,00,000 = -350,000
This negative figure indicates that the initial investment in education is recovered through salary increases over time. Graduates typically see their salaries double or triple within five years of joining the workforce.
For example, a graduate who starts at 650,000 INR may reach 1.2 million after three years and 2 million after five years, making the ROI positive in the long run.
Payment Options and Installments
PIMS offers flexible payment options for students, including monthly installments, quarterly payments, and annual fee plans. The institute also partners with leading banks to provide student loans with favorable interest rates and repayment terms.
Students can apply for financial assistance through various scholarships and aid programs, reducing the financial burden on families.