Fee Structure Overview
The fee structure for SYNERGY INSTITUTE OF MANAGEMENT is designed to provide high-quality education while remaining accessible to students from diverse economic backgrounds. The total cost of the program includes tuition fees, hostel charges, mess fees, and other institutional charges. Students are required to pay these fees on a semester basis, with detailed breakdowns provided at the beginning of each academic year.
Annual Fee Structure (2024-2025)
| Fee Head | Semester 1 (INR) | Semester 2 (INR) | Total Per Academic Year (INR) |
|---|---|---|---|
| Tuition Fee | 600000 | 600000 | 1200000 |
| Hostel Fee | 80000 | 80000 | 160000 |
| Mess Fee | 25000 | 25000 | 50000 |
| Medical Fee | 5000 | 5000 | 10000 |
| Other Charges | 15000 | 15000 | 30000 |
| Total | 725000 | 725000 | 1450000 |
Hostel & Mess Charges
The hostel facilities at SYNERGY INSTITUTE OF MANAGEMENT are equipped with modern amenities to ensure a comfortable living environment for students. Hostel charges vary depending on the type of accommodation provided:
- Single Occupancy Room: Rs. 80,000 per semester
- Double Occupancy Room: Rs. 60,000 per semester
- Triple Occupancy Room: Rs. 50,000 per semester
Mess charges include breakfast, lunch, and dinner for each day of the week. The mess facilities are managed by professional catering services that ensure nutritious meals tailored to student preferences and dietary requirements.
Return on Investment (ROI) Analysis
The return on investment for SYNERGY INSTITUTE OF MANAGEMENT graduates is measured through the average package offered post-graduation compared to the total fee paid over the course of the program. Based on historical data, students who complete their studies at SYNERGY INSTITUTE OF MANAGEMENT can expect an average starting salary of Rs. 800,000 per annum. This translates to a ROI of approximately 3.2x over the duration of the program.
For instance, if a student pays Rs. 1,450,000 in fees for two years, they can expect to earn Rs. 800,000 annually upon graduation. Over a period of five years, this amounts to Rs. 4,000,000 in earnings, which is more than double the initial investment.
Financial Aid and Payment Options
To make education accessible, SYNERGY INSTITUTE OF MANAGEMENT offers various financial aid options including:
- Merit-based scholarships
- Need-based assistance programs
- Student loan facilities through partner banks
- Flexible payment plans for families unable to pay upfront
The institute also collaborates with financial institutions to provide low-interest loans and credit facilities for students pursuing higher education.
Additional Costs
In addition to the core fees, students may incur additional costs related to:
- Study materials and textbooks
- Internship expenses (if applicable)
- Campus activities and events
- Travel for field visits and projects
- Professional development workshops
These supplementary costs are generally minimal and vary based on individual needs and interests.
Payment Plan Flexibility
The institute offers flexible payment plans that allow students to spread their fees over multiple installments without incurring additional charges. Students can opt for:
- Monthly installment plans
- Quarterly fee structures
- Annual lump-sum payments with discounts
This flexibility ensures that financial constraints do not hinder access to quality education.