Comprehensive Fee Structure at Shri Rawatpura Sarkar Institute of Management Science
The fee structure at Shri Rawatpura Sarkar Institute of Management Science is designed to provide value for money while ensuring quality education and infrastructure. The institute believes in making higher education accessible and affordable without compromising on standards.
Annual Fee Structure (Per Semester)
Fee Head | Amount (INR) |
---|---|
Tuition Fee | 150000 |
Hostel Fee | 40000 |
Mess Fee | 30000 |
Medical Fee | 5000 |
Library Fee | 2000 |
Development Fee | 10000 |
Other Charges | 5000 |
Total Annual Fees | 242000 |
Detailed Breakdown of Charges
Tuition Fee
The tuition fee covers the cost of instruction, academic resources, and access to faculty members. It is divided into two semesters, with each semester costing INR 150,000. This amount includes:
- Access to all lectures, tutorials, and workshops
- Academic materials and digital resources
- Assessment and evaluation services
- Faculty mentorship and guidance
- Library access to academic journals and databases
Hostel Fee
The hostel fee at SRSM is structured to provide a comfortable living environment for students. The current fee of INR 40,000 per semester covers:
- Room rent (single or shared)
- Utilities including electricity, water, and internet
- Maintenance and security services
- Common area cleaning and facilities
- Emergency medical assistance
The institute offers both AC and non-AC rooms with varying capacities. Students can choose based on their preferences and budget constraints.
Mess Fee
The mess fee of INR 30,000 per semester ensures a healthy and nutritious diet for students. The meal plan includes:
- Three meals per day (breakfast, lunch, dinner)
- Variety of vegetarian options
- Nutritional value and hygiene standards
- Special dietary arrangements for students with allergies or restrictions
- Regular quality checks and feedback mechanisms
Medical Fee
The medical fee of INR 5,000 covers basic healthcare services provided by the institute's on-campus medical center. This includes:
- General check-ups and consultations
- Emergency treatment facilities
- Prescription medications
- Health education programs and awareness sessions
- Referral services to nearby hospitals for specialized care
Library Fee
The library fee of INR 2,000 supports the maintenance and expansion of academic resources. It provides access to:
- Physical books and journals
- Digital databases and online resources
- Research assistance and study spaces
- Workshops on research methodology and academic writing
- Access to e-books and subscription services
Development Fee
The development fee of INR 10,000 contributes to infrastructure improvements, faculty development programs, and student welfare initiatives. It helps fund:
- New laboratory equipment and technology upgrades
- Faculty training and conferences
- Campus beautification projects
- Student support services and extracurricular activities
- Research grants for faculty and students
Other Charges
The other charges of INR 5,000 cover miscellaneous expenses such as:
- Transportation services for students
- Student activities and events organization
- Campus security and maintenance
- Administrative overheads
- Emergency response systems
Return on Investment (ROI) Analysis
Understanding the return on investment for the management science program at SRSM is crucial for prospective students. Based on current placement data, the average package offered to graduates is INR 6 lakh per annum, with the highest package reaching INR 15 lakh.
ROI Calculation
To calculate the ROI, we consider the total fees paid over two years and compare it with the average salary earned post-graduation:
- Total Fees Paid (2 Years): INR 484,000
- Average Salary Post-Graduation: INR 6,00,000 per year
- ROI over 5 Years: Approximately 10.5%
This calculation indicates a positive return on investment, especially when considering the long-term career prospects and industry recognition of SRSM graduates.
Payment Schedules and Installments
The institute offers flexible payment options for students:
- Semester-wise payments: Students can pay fees in installments for each semester.
- Annual payment option: A single lump sum payment covering both semesters is also available.
- Installment plans: For students with financial constraints, the institute offers installment plans with minimal interest rates.
Financial Aid and Support
SRSM is committed to ensuring that all deserving students can pursue their education regardless of financial limitations. The following support mechanisms are in place:
- Scholarships: Various merit-based and need-based scholarships are available.
- Education Loans: The institute provides assistance in accessing educational loans from nationalized banks.
- Work-Study Programs: Opportunities for students to earn while they learn through part-time jobs within the campus.
The institute's financial aid office works closely with students to ensure that no one is denied education due to lack of funds. Detailed information on these programs can be obtained from the finance department or the student portal.