Understanding MBA Fees at Pune Institute of Business Management (PIBM)

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Pune Institute of Business Management (PIBM) is a well-known business school located in Pune, Maharashtra, India. It offers various management programs such as MBA, PGDM, and Executive MBA, among others. If you’re considering pursuing an MBA program at PIBM, one of the most important things you need to know is the fees structure. In this blog post, we’ll take a closer look at the MBA fees at PIBM.

MBA Fees at PIBM

The MBA program at PIBM is a two-year full-time course that focuses on developing the knowledge, skills, and abilities of students in the areas of management, finance, marketing, human resources, and operations. The fees for the MBA program at PIBM are as follows:

  1. Course fees: The total course fees for the MBA program at PIBM is INR 7.20 lakhs. This amount covers tuition fees, examination fees, and other academic expenses.
  2. Hostel fees: PIBM offers hostel facilities for students who require accommodation. The hostel fees for the MBA program are INR 1.60 lakhs for two years.
  3. Mess charges: PIBM also provides mess facilities for students who stay in the hostel. The mess charges for the MBA program are INR 60,000 for two years.
  4. Caution deposit: The institute collects a caution deposit of INR 10,000 at the time of admission. This amount is refundable at the end of the course.

Note: The fees mentioned above are subject to change. Please check with the institute for the latest fees structure.

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Scholarships and Financial Assistance

PIBM offers various scholarships and financial assistance to deserving candidates. The scholarships are based on academic performance, financial need, and other criteria. Some of the scholarships offered by PIBM are:

  1. Merit-based scholarship: This scholarship is awarded to students based on their academic performance in the qualifying exams.
  2. Sports scholarship: This scholarship is awarded to students who have excelled in sports and other extracurricular activities.
  3. Need-based scholarship: This scholarship is awarded to students who require financial assistance to pursue the MBA program at PIBM.
  4. Alumni scholarship: This scholarship is awarded to the children of PIBM alumni.

Conclusion

Pursuing an MBA program at PIBM is a great choice for those looking for a quality management education. The institute offers a comprehensive curriculum, experienced faculty, and excellent infrastructure. The fees for the MBA program at PIBM are affordable compared to other top B-schools in India. Additionally, the institute offers various scholarships and financial assistance to deserving candidates. If you’re interested in pursuing an MBA at PIBM, it’s important to research and understand the fees structure and the available scholarships to make an informed decision.

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