Master of Business Administration (MBA) in Finance

Fee Structure for First Year: 2024 - 25

Particulars	For Indian Nationals (INR)	For NRI, PIO, CIO and Foreign Nationals (INR)
Tuition Fee	225,000	3,37,500
Development Fee	33,000	49,500
University Fee	16,000	24,000
Total Fees	274,000	4,11,000

An additional amount of rupees 10,000 is payable as a security deposit during admission. This amount shall be refundable on completion of the academic program.

The Hostel facility is available on first-come-first-served basis. Hostel and Mess facility is available on the campus at an additional cost. The hostel facility shall be Twin / Triple Non-AC accommodation. The mess facility shall include Breakfast, Lunch, Evening Snacks and Dinner.

Twin sharing^*

Hostel Fee	115,000
Mess Fee	110,000
Hostel Security Deposit	10,000
Total	235,000

Twin sharing^#

Hostel Fee	90,000
Mess Fee	110,000
Hostel Security Deposit	10,000
Total	210,000

Triple sharing

Hostel Fee	65,000
Mess Fee	110,000
Hostel Security Deposit	10,000
Total	185,000

Note:

A concession/ subsidy of 10% (of hostel and mess fees only) per month shall be applicable, in case the campus does not reopen in July 2020 as planned.

This is in view of the current COVID-19 situtaion and the possibility of extended lockdown.

Transport facility is available from the city to campus at an additional cost.

Loan

Students Loan facility will be available to the students securing admission to the university. Disbursement of the loan is as per the banks' terms and conditions.

Refund Policy

Avantika University will cancel an Admission only if the student fails to meet the Entry Requirements. The complete fees will be refunded within 15 days of cancellation of admission.

A student opting to withdraw his/her admission will be entitled to the refund of fees as detailed below:

Sl. No.	Refund of Fees paid	Point of time when notice of withdrawal is served
1	100%	15 days or more before the formally notified last date of admission
2	90%	Less than 15 days before the formally notified last date of admission
3	80%	15 days or less after the formally notified last date of admission
4	50%	30 days or less, but more than 15 days, after the formally notified last date of admission
5	0%	More than 30 days after the formally notified last date of admission

• Fees shall be refunded to the student within fifteen days from the date of receiving a written application from him/her towards cancellation of admission.
• All legal disputes if any will be in the Ujjain Jurisdiction only.