Fee Structure Overview
The total cost of pursuing the International Business program at SANGHVI INSTITUTE OF MANAGEMENT AND SCIENCE PGDM includes various components that contribute to the overall educational experience. The fee structure is designed to be transparent and accessible, with clear breakdowns of all charges associated with enrollment.
| Semester | Tuition Fee | Hostel Rent | Mess Advance | Student Benevolent Fund | Medical Fees | Gymkhana Fees | Examination Fees |
|---|---|---|---|---|---|---|---|
| First Semester | ₹120,000 | ₹40,000 | ₹30,000 | ₹5,000 | ₹2,000 | ₹1,000 | ₹3,000 |
| Second Semester | ₹120,000 | ₹40,000 | ₹30,000 | ₹5,000 | ₹2,000 | ₹1,000 | ₹3,000 |
| Third Semester | ₹120,000 | ₹40,000 | ₹30,000 | ₹5,000 | ₹2,000 | ₹1,000 | ₹3,000 |
| Fourth Semester | ₹120,000 | ₹40,000 | ₹30,000 | ₹5,000 | ₹2,000 | ₹1,000 | ₹3,000 |
| Fifth Semester | ₹120,000 | ₹40,000 | ₹30,000 | ₹5,000 | ₹2,000 | ₹1,000 | ₹3,000 |
The total fee for the entire program is approximately ₹600,000. This includes all components of the fee structure and ensures that students receive comprehensive support throughout their academic journey.
Detailed Breakdown of Components
- Tuition Fee: Covers instruction, laboratory sessions, and access to digital resources including online databases and research tools.
- Hostel Rent: Includes accommodation in air-conditioned rooms with shared amenities and security services.
- Mess Advance: Provides a fixed monthly allowance for meals at the campus cafeteria, which is adjusted based on actual consumption.
- Student Benevolent Fund: Supports students facing financial difficulties through emergency grants and scholarships.
- Medical Fees: Covers basic medical check-ups and access to health services provided by the campus clinic.
- Gymkhana Fees: Includes membership fees for sports facilities and recreational activities.
- Examination Fees: Covers administrative costs associated with conducting examinations and issuing certificates.
Hostel & Mess Charges
The hostel facilities at SANGHVI INSTITUTE OF MANAGEMENT AND SCIENCE PGDM are designed to provide a comfortable living environment for students. Hostel rooms come in various configurations, including single, double, and triple occupancy options.
- Single Occupancy Room: ₹20,000 per semester
- Double Occupancy Room: ₹15,000 per semester
- Triple Occupancy Room: ₹12,000 per semester
The mess billing system is integrated with the hostel management system and allows students to use a smart card for meal purchases. Monthly mess charges are calculated based on actual consumption and can be adjusted if necessary.
Fee Waivers, Concessions, and Scholarships
We recognize that financial constraints should not hinder academic pursuits. Therefore, we offer several fee waivers, concessions, and scholarships to deserving students.
- SC/ST/PwD Category: Eligible students receive a 100% waiver on tuition fees and a 50% reduction in hostel charges.
- EWS Category: Students from economically disadvantaged backgrounds receive a 50% waiver on tuition fees and a 25% reduction in hostel charges.
- MCM (Meritorious Children of Meritorious Parents): Students who qualify under this category receive a 30% waiver on tuition fees and a 15% reduction in hostel charges.
Applications for fee concessions must be submitted along with supporting documents. The selection process is based on verified income slabs and academic performance.
Payment Procedures & Refund Policy
All payments must be made through the official payment gateway or via bank transfer. Payment deadlines are clearly communicated at the beginning of each semester, and late fees are applicable for delayed payments.
- Payment Deadlines: Fees must be paid within one week of the start of the semester.
- Late Fee Calculation: A penalty of ₹100 per day is applied for late payments beyond the deadline.
- Refund Policy: Refunds are processed upon withdrawal from the program, subject to certain conditions including the completion of all formalities and submission of required documents.
The refund process typically takes 30-45 days after verification of all documentation. Students who withdraw due to personal reasons or academic difficulties may be eligible for partial refunds depending on the circumstances.