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Pune Institute of Business Management, Pune - Fee Structure & Course Fees 2025

LocationPune (Maharashtra)
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Updated on - Feb 28, 2025 01:15 PM IST

Pune Institute of Business Management Fee Structure

The Pune Institute of Business Management (PIBM) is renowned for its comprehensive MBA and PGDM programs, attracting aspiring business professionals from across the country. Understanding the fee structure is crucial for prospective students to make informed decisions about their education and financial planning. This article provides a detailed overview of the PIBM fees, including tuition costs, accommodation expenses, additional charges, payment schedules, and scholarship opportunities.

Tuition Fees

The tuition fees for MBA and PGDM programs at PIBM Pune vary based on the course duration and specialization. The fees range from INR 2.5 lakh to INR 30 lakh for the entire two-year program. This variation accommodates different academic resources, faculty expertise, and infrastructure provided by the institute.

Hostel Fees

PIBM Pune does not offer on-campus hostels. Instead, the institute facilitates accommodation through society apartments. The estimated hostel fees are as follows:

Society Apartments1.35 lakh2.7 lakh

Additional costs such as food and utilities may apply, averaging around INR 1.35 lakh annually.

Security Deposit

  • A one-time security deposit of INR 50,000 is required at the time of admission. This deposit is refundable at the end of the program, subject to the institute's terms and conditions.

Registration Fee

  • Students must pay a registration fee of INR 50,000 upon enrollment. This fee covers administrative expenses related to processing admissions and securing a seat in the program.

Additional Fees

Apart from the primary fees, students may encounter other charges, including:

  • Library Fees: INR 10,000
  • Laboratory Fees: INR 5,000
  • Examination Fees: INR 5,000
  • Miscellaneous Fees: INR 5,000

These fees collectively contribute to the overall educational experience by providing access to essential resources and facilities.

Payment Schedule

PIBM Pune adopts an installment-based payment schedule to ease the financial burden on students. The typical payment plan is as follows:

First Installment12.5 lakhUpon Enrollment
Second Installment12.5 lakhAfter 6 months
Third Installment5 lakhAfter 12 months

Scholarships and Financial Aid

PIBM Pune offers various scholarship opportunities to support deserving and meritorious students. Scholarships may be based on academic performance, leadership qualities, or financial need. Some common scholarships include:

  • Merit-Based Scholarships: Awarded to students with outstanding academic records.
  • Need-Based Scholarships: Provided to students requiring financial assistance.
  • Sports Scholarships: Granted to students excelling in sports and extracurricular activities.
  • Industry-Academia Partnerships: Scholarships sponsored by corporate partners for specific domains.

Tuition Fee Breakdown

The following table provides a comprehensive breakdown of the PIBM Pune fee structure for the MBA/PGDM programs:

Tuition Fees2.5 lakh to 30 lakhCovers academic courses and faculty expenses.
Hostel Fees3 lakhAccommodation via society apartments for two years.
Security Deposit50,000Refundable upon program completion.
Registration Fee50,000Administrative processing costs.
Library Fees10,000Access to academic resources and materials.
Laboratory Fees5,000Utilization of specialized labs and equipment.
Examination Fees5,000Fees related to conducting exams and assessments.
Miscellaneous Fees5,000Other incidental expenses.

Total Estimated Fees: INR 7.65 lakh to INR 44 lakh for the two-year program, depending on the chosen specialization and additional modules.

FAQs on Pune Institute of Business Management Fees

Q: What is the fee structure for MBA/PGDM courses at PIBM Pune?

A: The tuition fee for MBA/PGDM courses at PIBM Pune ranges from INR 2.5 lakh to INR 30 lakh for a two-year program. This includes tuition fees, hostel fees, and a security deposit. Additionally, there is a one-time security deposit of INR 50,000 and a registration fee of INR 50,000.

Q: What are the hostel fees at PIBM Pune?

A: PIBM Pune does not have its own hostel facilities. Instead, it provides society apartments for accommodation. The estimated hostel fee is approximately INR 3 lakh for two years, with an annual food cost of around INR 1.35 lakh.

Q: What are the additional fees besides tuition and hostel fees?

A: Besides tuition and hostel fees, students are required to pay a one-time security deposit of INR 50,000 and a registration fee of INR 50,000. Other additional fees include library fees (INR 10,000), laboratory fees (INR 5,000), examination fees (INR 5,000), and miscellaneous fees (INR 5,000).

Q: How is the payment schedule structured at PIBM Pune?

A: The payment schedule at PIBM Pune typically involves paying the total fees in installments. While specific details may vary, the general structure includes an initial installment upon enrollment, followed by subsequent payments at mid-term and end-of-term milestones. Students should consult the official admissions office for precise payment deadlines.

Q: Are there any scholarship opportunities available for PIBM Pune students?

A: Yes, PIBM Pune offers various scholarships based on merit, financial need, sports achievements, and industry-academia partnerships. Students are encouraged to apply for these scholarships during the admission process and meet the eligibility criteria to receive financial assistance.

Q: Is the security deposit refundable?

A: Yes, the one-time security deposit of INR 50,000 is refundable at the end of the two-year program, provided there are no dues or damages as per the institute's policies.

Q: Does PIBM Pune provide financial aid for students without scholarships?

A: While specific financial aid programs may vary, PIBM Pune typically assists students through flexible payment plans and installment options to manage tuition and other fees effectively. Students are advised to discuss their financial requirements with the admissions office.

Q: What payment methods are accepted for PIBM Pune fees?

A: PIBM Pune generally accepts various payment methods, including bank transfers, credit/debit cards, and online payment gateways. Detailed payment instructions are provided during the admissions process.

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Top Courses at Pune Institute of Business Management

Course NameApply NowFeesShort Eligibility
M.B.A. (Master of Business Administration)₹3,75,000 - 7,95,000Bachelor's degree from a recognized university, Minimum aggregate score of 50%, Appeared for any national-level management entrance exam (CAT/MAT/XAT/CMAT/ATMA), Final year bachelor's program students eligible to apply
P.G.D.M. (Post Graduate Diploma in Management)₹3,75,000Bachelor's degree in any discipline, Minimum aggregate score of 50% in undergraduate studies, 5% relaxation for reserved categories, Scores from national-level management entrance exams (CAT, MAT, XAT, CMAT)
Post Graduate Diploma₹7,95,000Bachelor's degree in any discipline, Minimum aggregate score of 50% in undergraduate studies, Valid score in national level entrance exams (CAT, MAT, XAT, CMAT)
Executive P.G.D.M.₹2,00,000Bachelor's degree in any discipline, Minimum of three years of work experience after graduation, GMAT/CAT/XAT/CMAT scores

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