The total fees are paid in six installments to reduce the burden of paying huge amounts in one go. The mess fees are taken on a half-yearly basis, and hostel fees are taken for the whole year. There are due dates attached to the instalments; failing to comply with them will attract a fine of Rs. 1000 daily.
For the refunds regarding the fees, IMI Bhubaneswar follows the guidelines of the UGC to address the same as per the norms issued in 2018. Students withdrawing before the formally announced last date of enrollment receive variable fee reimbursements. Withdrawal 15 days or more prior results in a 100% refund, minus a processing penalty capped at ?5000 or 5% of fees paid. Withdrawal within 15 days prior to the last date merits an 80% return, reducing to 50% between 16 and 30 days after the last date. No refund is provided beyond 30 days.
There are usually two interviewers on the panel. The questions are particularly designed to test the IQ and EQ of the candidate, which helps to understand their state of mind. Questions related to long-term goals, awareness of current affairs, all about your resume, and inclination towards PGDM are asked. The questions are not complex as they are designed based on the profile of each candidate.
Students can apply for loans from their hometown as well, but if they are looking for facilities from the institute, then there are tie-ups with Yes Bank, SBI Bank, Credila Financial Services Pvt. Ltd., Bank of Baroda, Central Bank of India, IDFC First Bank, and Canara Bank for educational loans, which offer various benefits. A branch of Canara Bank is very near the institute, which is why students prefer to get their loans from Canara Bank. Also, there is a camp for students who want to take loans set up during the orientation program to offer students various options.
DFS DU does not have any tie-ups with banks. The college fees are already low compared to other colleges i.e Rs. 48,500 therefore students generally don't take a loan. Public banks like SBI, BOB, Union Bank, etc as per their policies can provide up to only 7.5 lakhs of rupees for student loans without collateral irrespective of the course and country. This loan includes hostel fees, mess charges, the cost of a laptop which is vital for an MBA, education loan insurance, a security deposit, and other charges put by the college.
The course fee of DFS DU is INR 26,000. The other charges include the admission fee, which needs to be paid at the time of admission. Along with the admission fee, the total fee amounts to INR 48,500 for the general category. There is an additional enrollment fee of Rs. 50 for non-DU students. For students under the PWD category, the fee is INR 12,125.
The application fee for the general category is INR 2,000 and for SC/ST/PC candidates the application fee is INR 1,000. Hostel accommodation fees come after completion of the admissons category. The hostel fee is INR 26,600 for men's hostels and for women, it is INR 23,600.
There is no written ability test conducted for admissions to DFS DU. The weightage for the CAT percentile is 60%. Marks obtained in 10th and 12th are 5% each. There is a 25% weightage given to PI. Female candidates get a 2.5% additional weightage. If the applicant is from B. Com (Hons.), B. A. (Hons.) (Economics), B. A. (Hons.) (Business Economics), BBE, BBS/BMS or BFIA/BBA (FIA) they get additional weightage of 2.5%. Therefore DFS DU is not highly reliant on 10th and 12th scores and there is no additional weight given to work experience.
It is very difficult to figure out the specific score that is required to get admission with low academic record. Getting admission to DFS DU already requires a high percentage so it can be said that a score above 98% will increase the chance of getting admission to the college. If a person has low academics they should also work hard for their GD and PI preparations as that is a strong deciding factor for getting admissions. Although unlike IIMs it is very much possible for people to get admission to DFS DU if they have low academics.
The first shortlist at IIM Kozhikode is prepared based on CAT score and other parameters like Xth and XIIth scores, Gender/ Academic diversity and work experience are considered. The weightage of all these parameters for the first shortlist is as follows:
Components | Weightage |
---|---|
CAT Index Score | 45% |
Class Xth Percentage Score | 25% |
Class XIIth Percentage Score | 15% |
Gender/ Academic Diversity Score | 10%/ 5% |
Work Experience Score | 5% |
For the final merit list preparation, the parameters like CAT Index score, PI score, WAT score and Resume Score is considered. The resume score gives 4 marks if the candidate has completed their graduation from an institute with a NIRF Ranking of 30 or less or has completed CFA level 1, 2, or 3. The weightage of the parameters considered for final selection are as follows:
Components | Weightage |
---|---|
CAT Index Score | 35% |
PI Score | 35% |
WAT Score | 20% |
Resume Score | 10% |
MDI Murshidabad is good for sales and marketing as around 60% of the students find opportunities in this domain. The opportunities for finance are limited, but the institute has collaborated with Bloomberg Terminal to help students sharpen their skills and convert any opportunity in finance.