Fee Structure Overview
The fee structure at Sri Sukhmani Institute of Management is designed to provide high-quality education while remaining accessible to students from diverse economic backgrounds. The total cost for the two-year full-time MBA program includes tuition fees, hostel charges, mess fees, and other miscellaneous expenses.
| Head | Semester 1 (INR) | Semester 2 (INR) | Semester 3 (INR) | Semester 4 (INR) |
|---|---|---|---|---|
| Tuition Fee | 75,000 | 75,000 | 75,000 | 75,000 |
| Hostel Fee | 25,000 | 25,000 | 25,000 | 25,000 |
| Mess Fee | 15,000 | 15,000 | 15,000 | 15,000 |
| Medical Fee | 2,000 | 2,000 | 2,000 | 2,000 |
| Library Fee | 1,000 | 1,000 | 1,000 | 1,000 |
| Other Charges | 5,000 | 5,000 | 5,000 | 5,000 |
| Total Per Semester | 123,000 | 123,000 | 123,000 | 123,000 |
| Total For Two Years | 492,000 | |||
Hostel & Mess Charges
The hostel facilities at SSIM are designed to provide a comfortable and conducive environment for learning. The institute offers both single and double occupancy rooms with modern amenities such as air conditioning, Wi-Fi, and study areas.
Hostel Facilities
- Single Occupancy Room: INR 25,000 per semester
- Double Occupancy Room: INR 25,000 per semester
- Common Rooms with Study Areas
- Laundry Services
- Security and Maintenance
- Wi-Fi Access
- Air Conditioning (in all rooms)
Mess Charges
The mess charges include meals for breakfast, lunch, and dinner throughout the day. The institute operates multiple dining halls to accommodate different dietary preferences.
- Breakfast: INR 100 per meal
- Lunch: INR 150 per meal
- Dinner: INR 120 per meal
- Total Mess Fee: INR 15,000 per semester
Medical Charges
The medical charges cover basic healthcare services provided by the institute's on-campus health center. This includes consultations, vaccinations, and emergency care.
- General Consultation: INR 500 per visit
- Vaccination Services: INR 200 per vaccine
- Emergency Care: Free of charge
- Medical Insurance: Optional additional coverage available
Return on Investment (ROI) Analysis
The return on investment for the MBA program at SSIM is evaluated based on the total fees paid against the average starting package offered to graduates. With an average package of INR 800,000 and a total fee of INR 492,000, the ROI is approximately 1.63x, indicating strong value for money.
ROI Breakdown
- Total Fees Paid: INR 492,000
- Average Starting Package: INR 800,000
- ROI Ratio: 1.63x
- Net Gain (Post-Fees): INR 308,000
Long-Term ROI Considerations
While the initial ROI is promising, it's important to consider long-term career progression and potential earnings. Graduates often see significant increases in salary over time, especially with experience and specialization. The institute's alumni network and industry connections further enhance earning potential.
Financial Aid and Payment Options
SSIM offers flexible payment options to ease the financial burden on students:
- Installment Plans: Monthly or quarterly payments
- Loan Facilities: Partnerships with banks for educational loans
- Corporate Sponsorship: Programs for companies sponsoring employees
- Merit-Based Scholarships: Based on academic performance
- Need-Based Assistance: Financial aid for students from low-income families
Scholarship Opportunities
The institute provides various scholarships to support deserving students:
- Institute Merit Scholarship (MCM): Up to 100% tuition fee waiver for top performers
- Alumni Donor Scholarships: Named after prominent alumni donors
- Government Scholarships: Available through central and state government schemes
- Corporate Scholarships: Offered by companies as part of CSR initiatives
- Need-Based Scholarships: For students with financial constraints
Additional Cost Considerations
Beyond tuition, students should budget for:
- Personal Expenses: Clothing, transportation, entertainment
- Study Materials: Textbooks, journals, online subscriptions
- Internship Travel: Costs associated with internships and projects
- Certifications: Professional certifications to enhance employability
- Extracurricular Activities: Club memberships, workshops, conferences
Value for Money Assessment
The overall value proposition of SSIM's program is strong due to:
- Industry-Relevant Curriculum
- High Placement Rates
- Global Recognition
- Alumni Network
- Modern Infrastructure
- Supportive Learning Environment
Cost Comparison with Other Institutions
Compared to other private management institutes in Punjab and neighboring states, SSIM's fees are competitive. The quality of education, placement outcomes, and alumni success stories justify the investment.