IESMCRC Mumbai, Mumbai - Fee Structure & Course Fees 2025

Managing the financial aspects of higher education is crucial for prospective students considering IES Management College and Research Centre (IES MCRC). Understanding the fee structure enables informed decision-making and effective financial planning. This article provides a comprehensive overview of the various fees associated with pursuing an MBA at IES MCRC, detailing tuition, hostel, exam, and annual fees, along with a clear fee structure table and answers to frequently asked questions.

Tuition Fees

MBA Program Tuition: 

• The total tuition fee for the MBA program at IES MCRC is INR 9 lakhs.

Payment Structure: 

The fee covers the entire two-year duration of the program, inclusive of all academic expenses.

Inclusions:

• Classroom instruction
• Access to library and online resources
• Participation in seminars and workshops
• Use of college facilities such as laboratories and computer centers

Hostel Fees

Annual Hostel Fee: 

• Approximately INR 50,000 per year.

Facilities Included:

• Accommodation in well-furnished rooms
• Daily meals with a balanced diet plan
• 24/7 security and maintenance services
• Access to common areas and recreational facilities
• Laundry services and housekeeping

Exam Fees

Entrance Exam Requirements: 

• Admission to IES MCRC requires entrance examinations such as MAT, XAT, or equivalent.

Exam Fee Structure:

• MAT (Management Aptitude Test): Approximately INR 800
• XAT (Xavier Aptitude Test): Approximately INR 2,100
• Other Entrance Exams: Fees may vary based on the specific exam

Additional Costs:

• Re-appear Exams: Extra charges may apply for additional attempts
• Application Processing: Non-refundable fees associated with application submissions

Annual Fees

Comprehensive Annual Fee:

• The internship and placement support are integrated into the annual fee structure.

Coverage:

• Academic materials and textbooks
• Guest lectures and industry interaction sessions
• Career counseling and placement assistance
• Health and wellness programs

Total Cost

Overall MBA Program Cost: 

• INR 9 lakhs for the complete two-year program.

Breakdown:

• Tuition Fees: INR 9 lakhs
• Hostel Fees: INR 1 lakh (INR 50,000 per year)
• Additional Fees: Entrance exams and other miscellaneous expenses
• Refundable Deposit: INR 10,000 as a caution deposit

Fee Structure

Frequently Asked Questions (FAQ) on IES MCRC Fees

Q: What is included in the total tuition fee for the MBA program at IES MCRC?

A: The total tuition fee of INR 9 lakhs covers classroom instruction, access to the library and online resources, participation in seminars and workshops, and use of college facilities such as laboratories and computer centers. It encompasses the entire two-year duration of the MBA program.

Q: Are there any additional costs beyond the tuition and hostel fees?

A: Yes, additional costs may include entrance exam fees (such as MAT or XAT), application processing fees, and any extra charges for reappearing in entrance exams. Additionally, a refundable caution deposit of INR 10,000 is required.

Q: How are the hostel fees structured, and what amenities are provided?

A: The hostel fee is approximately INR 50,000 per year. Amenities include accommodation in furnished rooms, daily meals, 24/7 security, maintenance services, access to common areas, recreational facilities, laundry services, and housekeeping.

Q: Does the annual fee cover placement assistance and career services?

A: Yes, the annual fee structure includes career counseling, placement assistance, guest lectures, industry interaction sessions, and other support services aimed at enhancing employability and career growth.

Q: Can the tuition fees be paid in installments?

A: Payment options, including installment plans, may be available. It is advisable to contact the admissions office of IES MCRC for detailed information on payment schedules and available financial arrangements.

Q: Are there any scholarships or financial aid options available for IES MCRC students?

A: IES MCRC may offer scholarships or financial aid based on merit and need. Students are encouraged to inquire with the admissions or financial office to explore available opportunities and eligibility criteria.

Q: What is the refundable caution deposit used for?

A: The refundable caution deposit of INR 10,000 is held to cover any potential damages or liabilities during the course of the program. It is returned upon successful completion of the program, subject to the university’s policies.

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