Rs. 7,50,000/- (Rupees Seven Lakh, Fifty Thousand only) + GST, per-participant.
Break-up of Fee Payment:
- Rs. 2,40,000/- (Rupees Two Lakh, Forty Thousand only) + GST, per-participant, is payable to IIMV at the beginning of each Term-1 and Term-2, and Rs. 2,70,000/- at the beginning of Term-3.
Important Note regarding Two-Day Workshop at New Delhi
- The Institute shall endeavour to provide the accommodation on single-occupancy basis. If there is a shortage, accommodation may be provided on double-occupancy basis. The accommodation so provided shall be for three nights; 2 days only.
- It is possible that the entire cohort cannot be accommodated in one single facility and hence may be spread across properties.
- Check-in and check-out timings shall be in accordance with the rules of the facility providing the accommodation.
- The food arrangements [breakfast (up to 3 times) and dinner (up to 3 times)] shall be uniformly arranged for all participants.
- For any additional stay, family-stay, in-room dining or any additional consumption, participants will have to bear all the costs themselves.
- Participants may if they so prefer, arrange their own accommodation (e.g., in their own guest houses in and around New Delhi). Suitable adjustment in the fee (as determined by IIMV) will be made accordingly, in such cases.
- When the Institute arranges the accommodation commonly for the cohort, to & from local transport if any (accommodation-venue to the conference-venue and back) will be arranged by IIMV.
- Airport transfers at New Delhi (from/to the accommodation-venue or conference-venue) are the responsibility of the participants only.
- Medical / Health insurance costs of participants.
- Travel to and from Visakhapatnam and other domestic immersion sites (viz., Bangalore, Nagpur and New Delhi).
- Rs.7,00,000/- (Rupees Seven Lakh only) per participant; plus, GST, as applicable.
- This Fee is in addition to the Base (Domestic) Fee.
- This Fee will be payable in lump sum, in one installment, before the international immersion commences.
- The Fee will cover at the international destination, for the duration of the stay
- Instructional fees for faculty/guest speakers/resource persons.
- Courseware.
- Program management and institutional overhead costs.
- Local hospitality including single-occupancy accommodation, food and refreshments, airport transfers, local transport; field/exposure visits and cultural immersion.
- Collaboration fees with international knowledge-partner institution(s).
- Certificates.
- The international travel costs.
- Medical/Health insurance costs of participants.
- VISA processing fee of participants.
- Per diem allowances of participants.
- Any other additional expenses, including any personal expenses of participants.
(c) Courses in lieu of International Immersion
For participants who cannot attend the international immersion (for any reason):
For participants who cannot attend the international immersion (for any reason):
- Supplementary fee of Rs.25,000/ will be charged for each additional online course-credit, each of 10 hours.
- Total Fee for the additional six (6) credits to be covered online (in lieu of international immersion): Rs.1,50,000/-
(d) Yearly Fee Increment Policy
- The Base Fee for subsequent batches will increase by 10% annually.
- The International Immersion Fee may be increased, as may be determined in consultation with the partnering foreign institution, at that juncture.
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