Fees Structure at SANGHVI INSTITUTE OF MANAGEMENT AND SCIENCE
Understanding the financial commitment required for pursuing a management degree at SANGHVI INSTITUTE OF MANAGEMENT AND SCIENCE is crucial for prospective students and their families. The institute offers competitive fee structures that reflect its high-quality education, world-class infrastructure, and industry-connected curriculum.
Fee Structure Overview
The total cost of pursuing an MBA program at SANGHVI IMS is approximately INR 15 lakhs for the entire two-year duration. This includes tuition fees, hostel charges, mess fees, medical charges, and other miscellaneous expenses. The breakdown of fees per semester is as follows:
Semester | Tuition Fee (INR) | Hostel Fee (INR) | Mess Fee (INR) | Medical Fee (INR) | Other Fees (INR) | Total Fee (INR) |
---|---|---|---|---|---|---|
Semester 1 | 400000 | 80000 | 60000 | 5000 | 15000 | 560000 |
Semester 2 | 400000 | 80000 | 60000 | 5000 | 15000 | 560000 |
Semester 3 | 400000 | 80000 | 60000 | 5000 | 15000 | 560000 |
Semester 4 | 400000 | 80000 | 60000 | 5000 | 15000 | 560000 |
This structure ensures that students can plan their finances effectively and manage their expenses throughout their academic journey. The fees are subject to annual revisions based on inflation and operational costs.
Hostel & Mess Charges
SANGHVI IMS provides comfortable hostel facilities for students, ensuring a conducive environment for learning and personal growth. The hostel charges vary depending on room type and amenities provided:
- Single Occupancy Room: INR 80,000 per semester
- Double Occupancy Room: INR 60,000 per semester
- Triple Occupancy Room: INR 45,000 per semester
Each room comes with essential amenities including air conditioning, Wi-Fi, study tables, and wardrobes. The hostel also provides 24/7 security, laundry services, and common areas for social interaction.
The mess charges are inclusive of three meals a day (breakfast, lunch, and dinner) served at the campus dining hall. Meals are prepared by professional chefs using fresh ingredients and follow strict hygiene standards:
- Standard Mess Fee: INR 60,000 per semester
- Premium Mess Fee: INR 75,000 per semester
The premium mess offers a wider variety of dishes, including vegetarian and non-vegetarian options, and is available at an additional cost.
Return on Investment (ROI) Analysis
The return on investment for the MBA program at SANGHVI IMS can be evaluated based on the average placement package received by graduates and the total fees paid over two years:
- Total Fees Paid: INR 22,40,000 (INR 560,000 × 4 semesters)
- Average Placement Package: INR 8,00,000
Based on this, the ROI is calculated as follows:
ROI = ((Average Package – Total Fees) / Total Fees) × 100
ROI = ((800000 – 2240000) / 2240000) × 100 = -64.3%
This negative ROI indicates that the initial investment is recovered through salary increases post-graduation. However, when considering long-term career growth and potential earnings over a decade, the return becomes significantly positive.
Graduates from SANGHVI IMS typically experience a 15–20% annual salary hike in the first few years after joining the workforce. Additionally, many secure promotions within their organizations, leading to substantial increases in income over time.
Moreover, the institute's strong alumni network and industry connections open doors to higher-paying roles in prestigious companies, further enhancing career prospects and financial returns.
Financial Aid & Scholarships
To support students from economically disadvantaged backgrounds, SANGHVI IMS offers various forms of financial assistance:
- Institute Scholarships: Merit-based scholarships are awarded to top-performing students based on their academic performance and extracurricular achievements.
- Government Scholarships: Students can apply for government-sponsored scholarships like SC/ST, OBC, and PwD quotas, which provide partial or full fee waivers.
- Corporate Scholarships: Several multinational corporations offer scholarships to deserving students. Examples include those from Microsoft, Amazon, and Google.
- Alumni Donor Scholarships: Alumni actively contribute through donor scholarships aimed at supporting students pursuing specific fields or career paths.
The institute also provides financial aid options such as student loans and installment plans to ease the burden of upfront payments.
Additional Costs
Beyond tuition, hostel, and mess fees, students may incur additional costs related to:
- Books & Study Materials: Approximately INR 15,000 annually
- Transportation: Around INR 30,000 per year
- Campus Activities: INR 10,000–20,000 per year
- Personal Expenses: Varies but typically ranges between INR 50,000–100,000 annually
These costs are generally manageable and contribute to a well-rounded college experience that includes academic excellence, social activities, and personal development.
Overall, the fee structure at SANGHVI IMS is transparent, fair, and designed to provide value for money. The institute’s focus on industry alignment, placement success, and student support ensures that the investment made in education translates into long-term career benefits and financial growth.