Fees for Master of Business Administration (MBA) at MIT Pune: A Comprehensive Guide

Introduction to MBA Programs at MIT Pune and MIT WPU

The Master of Business Administration (MBA) is a globally recognized postgraduate degree that equips students with the skills and insights necessary to excel in various managerial roles. Two prominent institutions in Pune, India, offer such programs: MIT World Peace University (MIT-WPU) and MIT School of Observational Medicine (MITSOM). This article aims to provide a comprehensive guide to the fees associated with these programs.

MIT World Peace University (MIT-WPU) MBA Program Fees

MIT-WPU offers a range of specializations including Finance, Marketing, Human Resource Management, Operations, and International Business. The MBA program at this institution typically ranges from 5 lakhs to 7 lakhs (approx. INR 500,000 to INR 700,000) for the entire course, depending on specific aspects such as program duration and any additional costs.

For the two-year full-time MBA program, the fees generally fall between INR 710,000 to INR 800,000 (approx. 7.1 lakhs to 8 lakhs) for Indian students, and around USD 22,000 to USD 24,000 for international students. Additionally, there are specialized programmes, such as Sports Management, which have slightly different fee structures. Typically, the specialized MBA program in Sports Management costs between INR 600,000 to INR 700,000 (approx. 6 lakhs to 7 lakhs) for Indian students, and around USD 17,000 to USD 19,000 for international students.

MITSOM MBA Program Fees

The fees for the MBA program at MITSOM are around 5.9 lakhs (approx. INR 590,000). Apart from the tuition fees, there are additional development and university fees. For a more detailed breakdown, the fee structure for MITSOM's MBA program includes:

204,250 INR per year: This covers the total program fees. 167,350 INR: Tuition fees 25,900 INR: Development fees 11,000 INR: University fees

For the most accurate and up-to-date information, it is advisable to visit the official MIT-WPU website or contact their admissions office directly for the academic year 2024.

Fees at MIT Pune

The total program fee for MIT Pune is approximately INR 3.5 lakhs (approx. 350,000 INR), which is split as follows:

167,350 INR: Tuition fees 25,900 INR: Development fees 11,000 INR: University fees

For international students, the fees might vary and could be higher. Students can refer to the MIT Pune placements, course fee ranking, and admission page for detailed and up-to-date information.

Conclusion

Choosing the right MBA program based on fees is a crucial decision and depends on a multitude of factors, including program type, specializations, and personal financial considerations. MIT Pune and MIT-WPU offer a range of options to cater to different students' needs and aspirations, and it's important to consult the official websites and admissions offices for the most current and accurate fee details.

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