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Fee
Selected
candidates are required to pay an annual fee of Rs. 2.75 lakhs each for
the MBA (Finance), MBA (Investments) and MBA (Banking) Program 2009-11
at the respective ISFS Campuses. The details will be mentioned in the
selection letter.
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Mode of Payment
All payments should be made by way of demand draft in
favor of ‘IUCF A/c ISFS’, payable at Hyderabad.
How to Finance your MBA Programs
To supplement your own resources to finance the
Program, the following sources are available:
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Bank
Loans
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Merit
Scholarships upto 50% of tuition fee
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Merit cum
Means Scholarships upto 25% of tuition fee
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Stipendiary Assignment Program offered by the Institute with a monthly
stipend plus performance based incentives.
Bank Loans
Banks provide educational loans to the applicants
selected for the MBA Programs. Applicants are required to approach the
respective branches in their city/town for educational loans. The loan
amount will be disbursed in stages as per the fee schedule. There are no
margin requirements.
The interest rate applicable to education loans is
usually as per prevailing interest rates. The loan documents should be
executed by both the applicant and the parent / guardian with joint and
several liability. Repayment starts 1 year after completion of studies or
6 months after getting a job (whichever is earlier).
Merit Scholarships
To encourage meritorious students, merit scholarships
are offered for the MBA Programs of up to 50% concession in tuition fees.
These merit scholarships are initially based on the performance of the
students at the end of the first semester examinations of the
MBA Programs.
Merit cum Means Scholarship
To encourage meritorious students, ISFS also offers
Merit cum Means Scholarships for the
MBA Programs. For students whose parents annual income does not exceed Rs.
3 lakhs, a concession of up to 25% is given on the tuition fee.
The number of merit scholarship holders will however be
limited to 10% of the total number of students. The award of merit
scholarships in the subsequent semesters will be governed by the
performance of students in each end semester examination. The fee
concession under this scheme will be applicable only for the tuition fee
payments and not for any other fees i.e. admission fee, alumni membership
fee and other fees as may be applicable. Further details will be provided
in the Student Handbook.
Stipendiary Assignment Program
A unique earn-while-you-learn program called
"Stipendiary Assignment Program" has been developed to provide
them with practical exposure while studying. Students will have the
opportunity to:
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Develop
skills such as marketing, communication, presentation and overall
personality development.
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Understand
the dynamics of the market place.
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Earn while
they learn.
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Obtain
work experience while studying.
It is a voluntary program and offers, apart from
practical exposure and skill development opportunities, attractive
performance-based incentives.
Jurisdiction
Jurisdiction for all disputes (if any) relating to ISFS is
Hyderabad,
India only.
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