UNIVERSITY

Admissions

Fees Structure

Fees Structure – Academic Year 2022-23

1. MBA in Advanced Construction Management [2 Years]


The details of the total amount of fees payable with payment schedule for this programme are given below:

1. At the time of admission - : Rs. 2,90,000/-

a. Tuition Fee : Rs. 2,75,000/-
b. Admission Fee : Rs. 5,000/-
c. Security Deposit : Rs. 10,000/-

2. Within 7 days of the commencement of Semester II : Rs. 2,75,000/-

3. Within 7 days of the commencement of Semester III : Rs. 2,75,000/-

4. Within 7 days of the commencement of Semester IV : Rs. 2,75,000/-

Grand Total : Rs.11,15,000/-

2. MBA in Advanced Project Management [2 Years]


The details of the total amount of fees payable with payment schedule for this programme are given below:

1. At the time of admission - : Rs. 2,65,000/-

a. Tuition Fee : Rs. 2,50,000/-
b. Admission Fee : Rs. 5,000/-
c. Security Deposit : Rs. 10,000/-

2. Within 7 days of the commencement of Semester II : Rs. 2,50,000/-

3. Within 7 days of the commencement of Semester III : Rs. 2,50,000/-

4. Within 7 days of the commencement of Semester IV : Rs. 2,50,000/-

Grand Total : Rs.10,15,000/-

3. MBA in Real Estate and Urban Infrastructure Management [2 Years]


The details of the total amount of fees payable with payment schedule for this programme are given below:

1. At the time of admission - : Rs. 2,65,000/-

a. Tuition Fee : Rs. 2,50,000/-
b. Admission Fee : Rs. 5,000/-
c. Security Deposit : Rs. 10,000/-

2. Within 7 days of the commencement of Semester II : Rs. 2,50,000/-

3. Within 7 days of the commencement of Semester III : Rs. 2,50,000/-

4. Within 7 days of the commencement of Semester IV : Rs. 2,50,000/-

Grand Total : Rs.10,15,000/-

4. MBA in Health, Safety and Environmental Management [2 Years]


The details of the total amount of fees payable with payment schedule for this programme are given below:

1. At the time of admission - : Rs. 2,15,000/-

a. Tuition Fee : Rs. 2,00,000/-
b. Admission Fee : Rs. 5,000/-
c. Security Deposit : Rs. 10,000/-

2. Within 7 days of the commencement of Semester II : Rs. 2,00,000/-

3. Within 7 days of the commencement of Semester III : Rs. 2,00,000/-

4. Within 7 days of the commencement of Semester IV : Rs. 2,00,000/-

Grand Total : Rs.8,15,000/-

5. PGDip in Management of Family Owned Construction Business [1 Year]


The details of the total amount of fees payable with payment schedule for this programme are given below:

1. At the time of admission - : Rs. 2,40,000/-

a. Tuition Fee : Rs. 2,25,000/-
b. Admission Fee : Rs. 5,000/-
c. Security Deposit : Rs. 10,000/-

2. Within 7 days of the commencement of Semester II : Rs. 2,25,000/-

Grand Total : Rs. 4,65,000/-

6. PGDip in Quantity Surveying and Contract Management [1 Year]


The details of the total amount of fees payable with payment schedule for this programme are given below:

1. At the time of admission - : Rs. 2,40,000/-

a. Tuition Fee : Rs. 2,25,000/-
b. Admission Fee : Rs. 5,000/-
c. Security Deposit : Rs. 10,000/-

2. Within 7 days of the commencement of Semester II : Rs. 2,25,000/-

Grand Total : Rs. 4,65,000/-

7. Integrated MBA (I-MBA) [5 Years]


The details of the total amount of fees payable with payment schedule for this programme are given below:

1. At the time of admission - : Rs. 1,40,000/-

a. Tuition Fee : Rs. 1,25,000/-
b. Admission Fee : Rs. 5,000/-
c. Security Deposit : Rs. 10,000/-

2. Within 7 days of the commencement of Semester II : Rs. 1,50,000/-

3. Within 7 days of the commencement of Semester III : Rs. 1,50,000/-

4. Within 7 days of the commencement of Semester IV : Rs. 1,50,000/-

5. Within 7 days of the commencement of Semester V : Rs. 1,50,000/-

6. Within 7 days of the commencement of Semester VI : Rs. 1,50,000/-

7. Within 7 days of the commencement of Semester VII : Rs. 2,50,000/-

8. Within 7 days of the commencement of Semester VIII : Rs. 2,50,000/-

9. Within 7 days of the commencement of Semester IX : Rs. 3,00,000/-

10. Within 7 days of the commencement of Semester X : Rs. 3,00,000/-

Grand Total : Rs. 19,90,000/-

The tuition fee includes classroom teaching, workshops as per the programme structure and other charges i.e. fees for examinations, evaluation, project work (as applicable) and assessments, library and students’ welfare fund. The University provides a free group accident insurance and group mediclaim policy that covers all students.

The admission fee (Rs. 5,000/-) is non-refundable and non-transferable under any circumstances. The security deposit (Rs. 10,000/-) is refundable on completion of the programme (after adjustment of dues, if any from the student).

The following conditions apply for the payment of fees and other dues.

For 1st Instalment (at the time of admission):

  • The fees and other dues payable at the time of admission are as mentioned in the admission offer letter.

For 2nd Instalment Onwards:

  • Fees are payable as per the notification given to the students by the department concerned.

The fees are payable as per the schedule given, failing which, fees paid after this schedule will be subject to a late fine of Rs.100/- per day for the first seven days and thereafter a late fine of Rs. 250/- per day will be calculated for next 15 days. For any delay beyond this period, a late fine of Rs. 250/- per day will be calculated. However, in such a case, the University may cancel the registration of the student in his/her programme if no valid ground is established for the delay.

The NICMAR University reserves the right to revise any/all of the components of the above policy, including payment schedule and refund policy without any prior notice.

Hostel and Living Expenses

Hostel accommodation is available at NICMAR University, Pune. There is a separate hostel for girl students. All students have to abide by the Code of Conduct issued by the University. The hostel accommodation within the campus is allotted purely on the first come, first served basis. However, the University will assist in accommodating the students in private hostels near the campus, if requested by the students and it is subject to the availability of such accommodation.

The campus has four hostels which altogether provide 1139 single occupancy rooms for boys and 194 shared occupancy rooms for girl students. The details are as follows:

Sr. No.

Hostel

Capacity

Type of Occupancy

Charges (Rupees Per Month)

Remark

1.

Millennium Hostel

502

Single

4,850/-

For boys

2.

Silver Jubilee Hostel

323

Single

4,850/-

For boys

3.

Ultima Hostel

314

Single

4,850/-

For boys

4.

Millennium Hostel

194

Shared

(Double)

3,850/-

For girls only

Note:  Single occupancy in a two-bedded room for girls (if available) – Rs. 6,000/- per month.

Food package charge is Rs. 275/- per head per day. The package includes breakfast with tea, buffet lunch, evening snacks with tea and buffet dinner.

The mess facilities are run by a contractor hired by NICMAR University under the supervision of the Manager – Premises and Services (P&S). The Manager according to the suggestions by the Students’ Mess Co-ordinator prepares menu on weekly basis. 

Payment Schedule 

Hostel and food fees are payable semester-wise within 7 days of the commencement of the semester. In case of delay, a fine of Rs. 75/- per day will be payable for the first 7 days, after which, the fine will be Rs. 125/- per day. The hostel and food fees once paid are non-refundable or non-transferable. Mess facility is mandatory for all students staying in NICMAR University’s hostels. 

Typically, the total living expenses including hostel, food and any other expenses at Pune are approximately Rs. 13,000/- to Rs. 15,000/- per month.

Policy for Cancellation of Admission and Refund of Fee

The NICMAR University has a policy of considering refund of the first instalment of tuition fee paid by the student at the time of acceptance of offer, against cancellation of admission. The University strictly follows UGC guidelines in respect of refund of fees. All request applications duly signed by the student must necessarily be received by the Dean-Admissions. All such requests in writing must be sent by hand/post/courier only. Any request for refund by e-mail/telephone/fax, etc. if not accompanied by a formal request in writing in the hard copy format within the time stipulated below will not be considered.

If a student chooses to withdraw from the programme of study in which he/she is enrolled, the University shall follow the following five-tier system for the refund of fees remitted by the student. The security deposit shall be refunded in full.

Sr. No.

Percentage of Refund of Fees

Point of time when notice of withdrawal of admission is received in the University

Deadline

(1)

100%

15 days or more before the formally-notified commencement of the academic session.

on or before 01.08.22

(2)

90%

Less than 15 days before the formally-notified commencement of the academic session.

02.08.22 to 15.08.22

(3)

80%

15 days or less after the formally-notified commencement of the academic session.

16.08.22 to 30.08.22

(4)

50%

30 days or less, but more than 15 days, after the formally-notified commencement of the academic session.

31.08.22 to 14.09.22

(5)

0%

More than 30 days after the formally-notified commencement of the academic session.

15.09.22 onwards

However, the University will not refund the admission fee of Rs. 5,000/- paid by the student, under any circumstances.

No refund of fees will be admissible for any cancellation request received on 15th September, 2022 onwards. In case, the student applies for cancellation after the deadline mentioned above, the NICMAR University will refund the security deposit of Rs. 10,000/- only (after adjustment of dues, if any from the student).