Comprehensive Fee Structure at Shri Guru Sandipani Institute of Management
The fee structure at SGSIM is designed to provide quality education without compromising affordability. The total cost for a four-year program includes tuition fees, hostel charges, mess fees, medical expenses, and other miscellaneous costs.
Fee Structure Overview
| Semester | Tuition Fee (INR) | Hostel Fee (INR) | Mess Fee (INR) | Medical Fee (INR) | Other Charges (INR) | Total Fee (INR) |
|---|---|---|---|---|---|---|
| Semester 1 | 3,00,000 | 75,000 | 60,000 | 10,000 | 20,000 | 4,65,000 |
| Semester 2 | 3,00,000 | 75,000 | 60,000 | 10,000 | 20,000 | 4,65,000 |
| Semester 3 | 3,00,000 | 75,000 | 60,000 | 10,000 | 20,000 | 4,65,000 |
| Semester 4 | 3,00,000 | 75,000 | 60,000 | 10,000 | 20,000 | 4,65,000 |
| Semester 5 | 3,00,000 | 75,000 | 60,000 | 10,000 | 20,000 | 4,65,000 |
| Semester 6 | 3,00,000 | 75,000 | 60,000 | 10,000 | 20,000 | 4,65,000 |
| Semester 7 | 3,00,000 | 75,000 | 60,000 | 10,000 | 20,000 | 4,65,000 |
| Semester 8 | 3,00,000 | 75,000 | 60,000 | 10,000 | 20,000 | 4,65,000 |
The total cost for a four-year program amounts to Rs. 18.6 lakhs. This includes all fees for tuition, hostel, mess, medical, and other charges. The structure ensures that students can focus on their studies without financial stress.
Hostel & Mess Charges
The hostel facilities at SGSIM are designed to provide a comfortable and conducive environment for learning. Each room accommodates two students with shared amenities including Wi-Fi, air conditioning, and study tables. The hostel charges cover accommodation, utilities, and basic maintenance.
Mess fees are fixed and cover nutritious meals served at fixed times throughout the day. The mess provides a balanced diet to ensure that students maintain good health during their academic journey. Meals are prepared by professional chefs and follow strict hygiene standards.
Return on Investment (ROI) Analysis
The ROI analysis for SGSIM is based on the average placement package over the last three years, which stood at Rs. 7.8 lakhs per annum. With a total fee cost of Rs. 18.6 lakhs, students can expect a return of approximately 4.5 times their investment within ten years.
This analysis assumes an average annual salary growth rate of 10%, which is consistent with industry trends. The ROI reflects the value of the education provided by SGSIM and the earning potential of its graduates. Students who secure high-paying jobs early in their careers can expect to see substantial returns on their investment.
Financial Aid and Scholarships
SGSIM offers several scholarship opportunities for deserving students. The institute-wide scholarships include the Merit Cum Means Scholarship (MCM), which provides full or partial fee waivers based on academic performance and financial need. Additionally, alumni and donor scholarships such as the SGSIM Alumni Foundation Scholarship, the Indore Education Trust Scholarship, and the Madhya Pradesh Government Scholarship are available to eligible students.
External scholarships include those from organizations like the Ministry of Human Resource Development (MHRD), the Department of Science & Technology (DST), and corporate giants such as TCS, Microsoft, and Google. These scholarships often come with specific eligibility criteria and application deadlines.
Payment Plans
The institute offers flexible payment plans to help students manage their financial obligations. Students can opt for semester-wise payments or annual installment options. The payment plan is designed to be transparent and straightforward, ensuring that students understand the costs involved.
Student Affordability
SGSIM recognizes that education should be accessible to all deserving students regardless of their economic background. The institute works closely with financial institutions to provide student loans and other financial assistance options. This ensures that talented students from economically disadvantaged backgrounds can pursue quality education without financial barriers.
Budget Planning
For students planning their finances, the fee structure provides a clear picture of costs involved. It is recommended that students prepare a budget plan that accounts for tuition fees, hostel charges, mess fees, medical expenses, and other miscellaneous costs. The institute’s finance office offers guidance to help students navigate the financial aspects of their education.