Monday, April 6, 2009

Tuition fees - lessening the burden

Dear Students:
One of the major items of consideration for students is the payment of tuition fees for a good management education. While the total amount of tuition fees is one definite consideration, if the fees can be paid over time rather than upfront, it makes the fee less burdensome.

We at the National Management School felt that we should make a difference in the way management education is delivered in India. This includes the way the tuition fee is collected. Therefore, we have decided that the tuition fees can be paid over 20 monthly installments rather then in 6 installments at the beginning of each term. Thus, our fees can be paid in monthly installments of Rs.50,000 each at the beginning of every month.

Most schools do not like this model since, among other things, it increases the administrative overload. We felt that in the interests of students, we should work out a process to lessen this administrative load while making it easier for students to pay and get good quality education. Therefore, just like you give post-dated cheques to a bank when you get a loan, you can adopt the same procedure with NMS. This makes it easier for both the School and the student alike.

This is one more way in which we bring American Management Education at Indian fees.

Admissions Office

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