Fee Structure Overview
The total fee for the MBA program in Human Resource Management at Sanghvi Institute of Management and Science PGDM is structured over two years, with detailed breakdowns provided per semester. The following table outlines all components of the fee structure:
Fee Component | Semester 1 (INR) | Semester 2 (INR) | Total (INR) |
---|---|---|---|
Tuition Fee | 300000 | 300000 | 600000 |
Hostel Rent | 150000 | 150000 | 300000 |
Mess Advance | 75000 | 75000 | 150000 |
Student Benevolent Fund | 10000 | 10000 | 20000 |
Medical Fees | 5000 | 5000 | 10000 |
Gymkhana Fees | 3000 | 3000 | 6000 |
Examination Fees | 2000 | 2000 | 4000 |
Total | 545000 | 545000 | 1090000 |
This comprehensive fee structure ensures that students receive full access to academic resources, accommodation, meals, and extracurricular activities throughout their program.
Breakdown of Fee Components
- Tuition Fee: Covers instruction, library access, digital resources, and administrative costs associated with the academic program.
- Hostel Rent: Includes accommodation in campus-hostels equipped with basic amenities such as Wi-Fi, laundry services, and 24/7 security.
- Mess Advance: Covers meal expenses for two semesters. Students are required to deposit this amount upfront, which is adjusted upon final billing.
- Student Benevolent Fund: A fund used for supporting students facing financial difficulties or emergencies during their studies.
- Medical Fees: Provides access to on-campus medical facilities and basic healthcare services for enrolled students.
- Gymkhana Fees: Supports physical education activities, sports clubs, and fitness programs available on campus.
- Examination Fees: Covers the cost of conducting internal assessments, external examinations, and evaluation processes.
Hostel & Mess Charges
The hostel accommodations are designed to ensure comfort and convenience for students. There are various room types available:
- Single Occupancy Room: ₹15000/month (exclusive of mess)
- Double Occupancy Room: ₹12000/month (exclusive of mess)
- Triple Occupancy Room: ₹10000/month (exclusive of mess)
Mess charges are calculated monthly based on consumption and include breakfast, lunch, and dinner. Rebate policies are available for students who do not consume meals regularly or those residing outside the campus.
Fee Waivers, Concessions, and Scholarships
Sanghvi Institute of Management and Science PGDM offers several financial aid options to support deserving students:
- SC/ST/PwD Category: Eligible candidates receive a 50% concession on tuition fee.
- EWS Category: A 25% reduction in fees is granted for EWS category students.
- MCM (Meritorious Class Merit): Students scoring above 90% in qualifying examination are eligible for a 10% scholarship.
The application process for these benefits involves submission of relevant documents such as caste certificates, income proofs, and academic records. The financial aid committee reviews applications annually, ensuring fair distribution based on need and merit.
Payment Procedures & Refund Policy
All fees must be paid by the specified deadline each semester to avoid late charges. Payments can be made through:
- Online banking
- Debit/Credit cards
- Net banking
- Bank transfers
Late payments incur a penalty of 5% of the outstanding amount per month, with a maximum cap of ₹10,000. Refunds are processed within 30 days of withdrawal or course completion, subject to specific conditions outlined in the refund policy.