IBS
  • Admission Procedure
Eligibility
GD/ PI Centres
Fee Structure
Educational Loans
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Eligibility

  • Candidates should be graduates in any discipline with minimum 50% aggregate. Candidates appearing for their final exams are also eligible this year, but admission, if granted will be provisional and subject to the student passing ghe final graduate exams successfully and getting his degree. In case of failure, admission will be cancelled and fees will not be returned.

  • Competitive Exam Scores
  • Candidates should have appeared for competitive exams like CAT, MAT, XAT, ATMA, SNAP or any other equivalent exam. These marks will have a significant bearing on student selection

  • Management Seats
  • 10% of the seats are allotted to candidates who qualify the eligibility criteria at the discretion of the Group Director General, with 1.5 times the prescribed fee. Allotment of these seats will be made only after declaration of the results. Those seeking management quota seats, should mention the same in the application form and only the candidate or the parents are permitted to communicate with the management. Third party interference shall disqualify the candidate.
  • We have not appointed any agent and we will not accept any recommendations. Therefore, any one paying money to any agent who may claim and act as if they are very close to the management, will be doing so at their risk. Such people do exist, and they even take advances giving false guaranty for admission. In case the student is selected on his/her merit they will claim that they arranged the admission. In case the candidate is not selected they may or may not return the money. In most of the cases they simply vanish. We have reports that many students have been cheated in the past. Therefore, we caution everyone not to depend on such operators, not withstanding their position, status or affiliations.

  • Submission of Degree Certificates
  • Students should submit the certified mark sheets of the qualifying degree examinations latest by 1st October 2011 failing which the admission may be cancelled automatically. In case any University has not declared the result until then, the Principal of the previous college should personally write to the Director of the Institute explaining the correct situation and the Director will take appropriate action. In case the student fails in the qualifying degree examination, his/her admission will be cancelled. Fee shall be refunded as per refund rules.
  • The mark sheets and certificates of 10th, 12th standard and Graduation in original will be verified repeatedly by the authorities of NIMCOM and will be compared with the marks reflected by the students in the application form for admission. In case, any discrepancy is discovered, at any stage, the admission will be cancelled.

GD/ PI Centres

  • GD/ PI shall be conducted in all metro and major cities for which the Venue, Date and Time shall be updated. The Institute reserves the right to cancel/change any Test Centre if adequate number of candidates are not available. The change if any shall be intimated to all students who have registered with us by email/sms. Also Newspaper advertisements shall be released in select cities to notify the date and time of GD/ PI.

Fee Structure

Fee structure : 1st year

  • Tuition fee: Rs. 2,00,000/-
  • Hostel Charges: Rs. 36,000/-
  • Canteen Charges: Rs 25,000/-
  • Uniform: Rs 5,000/-
  • Laptop + Digital Camera: Rs 30,000/-
  • Total : Rs 2,96,000/-,
  • Initial fee- payable within 10 days of receipt of provisional
    admission letter - Rs 50,000/-
  • Balance Tuition Fee payable on or before 31st May 2011 - Rs 2,46,000/-
  • Refundable Deposit payable on or before 31st May 2011-Rs 20,000/-

Tuition Fee - 2nd year

  • Tuition Fee Rs 2,70,000
  • Payable on or before - 30th April 2012 in a single installment
  • Refundable Security Deposit payable on
    or before 30th April 2012 - Rs. 20,000/-

Fees for NRI/ Foreign students

  • Fees shall be Rs.5,50,000/- per annum
  • NRI students shall be entitled to twin sharing rooms, with a toilet/bath attached
  • Initial fee payable within 10 days of receipt of provisional admission
    letter - Rs. 1,00,000/-
  • Balance tuition fees payable on or before 31st May 2011 - Rs.4,50,000/-
  • Refundable Security Deposit payable on or before 31st May 2011 - Rs.20,000

2nd year Tuition Fee Rs.5,50,000/-

  • Payable on or before 30th April 2012 in a single installment / Per Annum
  • Refundable Security Deposit payable on or before
    30th April 2012 - Rs. 20,000/-

Please Note:

  • NRI/ Foreign admissions are subject to equivalence acceptance of their qualifications and grades vis a vis Indian graduate qualifications and subject to grant of student visa by the Government of India. Fees should be of the value indicated in INR at the time of fee remittance irrespective of the exchange rates prevailing at that time.

Note:

  • Fee for all courses to be remitted in favour of NIMCOM by Demand Draft payable at Pune. Outstation cheques will not be accepted.
  • Cash payments if any shall be made at NIMCOM, Pune against proper receipt.

Rule regarding remittance of tuition fee and allied charges

  • Fees must be paid as per stipulated dates, failing which provisional/final admissions may be cancelled

Fee Refund Rules

  • Refund rules are as per the institute's policy
  • Applications for cancellation must be accompanied with original payment receipts and No Dues Certificate duly signed by the candidate.
  • Application for cancellation of admissions and refunds shall be processed within 21 working days from the date of receipt of application at NIMCOM, Pune.
  • *Other Charges for Bag, Medical Checks, Industry Interaction, Extracurricular activities and Academic related utilities / facilities, aggregating Rs 20,000/- payable extra for two Academic Years.

Education Loan

NEducation Loans from leading banks are available to bonafide students of NIMCOM