Fee Structure and Payment Procedures
The fee structure for the B.Tech Investment Management program at The Institute Of Chartered Financial Analysts Of India University Ranchi is designed to provide excellent value while ensuring access to world-class educational resources and facilities. The comprehensive fee structure covers tuition, accommodation, meals, and various other essential services required for a complete academic experience.
Comprehensive Fee Structure
| Semester | Tuition Fee (INR) | Hostel Rent (INR) | Mess Advance (INR) | Student Benevolent Fund (INR) | Medical Fees (INR) | Gymkhana Fees (INR) | Examination Fees (INR) | Total (INR) |
|---|---|---|---|---|---|---|---|---|
| I | 250000 | 60000 | 15000 | 2000 | 3000 | 1500 | 2000 | 333500 |
| II | 250000 | 60000 | 15000 | 2000 | 3000 | 1500 | 2000 | 333500 |
| III | 250000 | 60000 | 15000 | 2000 | 3000 | 1500 | 2000 | 333500 |
| IV | 250000 | 60000 | 15000 | 2000 | 3000 | 1500 | 2000 | 333500 |
| V | 250000 | 60000 | 15000 | 2000 | 3000 | 1500 | 2000 | 333500 |
| VI | 250000 | 60000 | 15000 | 2000 | 3000 | 1500 | 2000 | 333500 |
| VII | 250000 | 60000 | 15000 | 2000 | 3000 | 1500 | 2000 | 333500 |
| VIII | 250000 | 60000 | 15000 | 2000 | 3000 | 1500 | 2000 | 333500 |
The total fee for the entire program is 2,668,000 INR, which includes all components necessary for a comprehensive educational experience. The tuition fee covers access to state-of-the-art facilities, experienced faculty, and academic resources. The hostel charges provide comfortable accommodation with modern amenities, while the mess advance ensures quality meals throughout the academic year.
Fee Component Details
The Tuition Fee of 250,000 INR per semester represents the core cost of education and covers access to all academic resources, including lecture halls, libraries, computer labs, and specialized software tools. This fee ensures that students have access to cutting-edge educational technologies and research facilities that are essential for mastering complex financial concepts.
The Hostel Rent of 60,000 INR per semester provides accommodation in well-maintained residential facilities with modern amenities including air conditioning, internet connectivity, study spaces, and recreational areas. The hostel environment fosters a collaborative learning atmosphere while providing students with a comfortable space for rest and social interaction.
The Mess Advance of 15,000 INR per semester covers meal expenses for the academic year. The mess system provides nutritious and balanced meals prepared by professional chefs using quality ingredients. The billing system is transparent and regularly updated to reflect any changes in meal costs or dietary preferences.
The Student Benevolent Fund of 2,000 INR per semester supports various student welfare initiatives including scholarships for meritorious students, financial assistance for underprivileged students, and emergency support during difficult times. This fund reflects the institution's commitment to student well-being beyond academic excellence.
The Medical Fees of 3,000 INR per semester provide access to medical services within campus, including routine check-ups, emergency care, and preventive health programs. The medical facility is staffed with qualified doctors and nurses who ensure that students receive appropriate healthcare during their academic journey.
The Gymkhana Fees of 1,500 INR per semester support campus sports and recreational activities, including fitness facilities, sports equipment, and organized events. These facilities promote physical well-being and provide opportunities for students to develop leadership skills through team sports and extracurricular activities.
The Examination Fees of 2,000 INR per semester cover the costs associated with conducting academic assessments, including examination hall rentals, invigilation, and result processing. These fees ensure that students have access to fair and secure examination processes that maintain academic integrity.
Hostel & Mess Charges
The hostel facilities at The Institute Of Chartered Financial Analysts Of India University Ranchi are designed to provide a comfortable and conducive environment for learning. Students can choose from various room types including single occupancy, double occupancy, and triple occupancy rooms with modern amenities.
Single occupancy rooms provide students with personal space and privacy while maintaining a quiet atmosphere for focused study. Double occupancy rooms offer cost-effective accommodation for students who prefer sharing living spaces while maintaining comfortable conditions. The room allocation process ensures that students are matched based on their preferences and academic requirements.
The mess system operates on a monthly billing cycle with different meal options including vegetarian, non-vegetarian, and special dietary arrangements for students with specific requirements. The billing system is integrated with student ID cards to ensure accurate tracking of meals consumed and automatic deductions from student accounts.
Rebate policies are available for students who do not consume meals during specific periods or who require special accommodations due to medical conditions. These policies ensure that students receive appropriate support while maintaining the integrity of the mess system's financial operations.
Fee Waivers, Concessions, and Scholarships
The university offers various fee waivers, concessions, and scholarships to eligible students based on academic merit, financial need, and other criteria. These financial assistance programs ensure that deserving students can access quality education without facing financial hardship.
For SC/ST/PwD students, the fee waiver policy provides complete exemption from tuition fees along with partial or full waivers for hostel charges and mess advance based on income slabs. Students from families with annual income below 200,000 INR are eligible for full fee waivers, while those with incomes between 200,000 INR and 400,000 INR receive partial waivers.
EWS students can avail of partial fee concessions based on their family income, with eligibility criteria requiring annual income not exceeding 600,000 INR. The concession amount is determined based on the income bracket and the number of dependents in the family.
MCM (Minority Community Members) students are eligible for specific concessions that take into account their community background and economic circumstances. These concessions may include reduced tuition fees or special scholarship programs designed to support their educational journey.
The application process for fee waivers and scholarships involves submission of required documents including income certificates, caste certificates (for SC/ST students), disability certificates (for PwD students), and academic records. The university maintains a transparent process for reviewing applications and disbursing financial assistance.
Payment Procedures & Refund Policy
The payment procedures for the Investment Management program follow strict guidelines to ensure timely processing and transparency in financial transactions. Students must complete fee payments within the specified deadlines to avoid late fees and administrative complications.
Payments can be made through various modes including online banking, credit/debit cards, net banking, and demand drafts. The university provides detailed instructions for each payment method and ensures that transactions are secure and reliable.
Late fee calculations follow a progressive system where students incur additional charges for delayed payments. The late fees are typically calculated as 2% of the outstanding amount per month with a maximum cap to ensure fairness in the collection process.
The refund policy is designed to provide clear guidelines for students who need to withdraw from the program or face exceptional circumstances that require financial adjustments. Refunds are processed according to established procedures with specific timelines and documentation requirements.
Withdrawal refunds typically take 60-90 days to process, depending on the reason for withdrawal and the completeness of required documentation. The university maintains a transparent system for tracking refund requests and ensuring timely resolution of financial matters related to student withdrawals.