Programme Fees
The consolidated fees for Post Graduate Certificate in Management (Data Science in Financial Markets) are Rs.2,02,000/- (Rupees Two lakh and Two Thousand only).
The break-up of the fees is as follows:
| Particulars | First Instalment(in Rs.) | Second Instalment (in Rs.) | Third Instalment (in Rs.) | Total (in Rs.) |
| Tuition fee | 50,000 | 65,000 | 65,000 | 1,80,000 |
| Exam fee | 5,000 | 5,000 | 10,000 | |
| Library Deposit* | 10,000 | – | 10,000 | |
| Alumni fund | 2,000 | – | 2,000 | |
| Total | 50,000 | 82,000 | 70,000 | 2,02,000 |
| Due Date | Within 7 calendar days from the issue of Offer Letter | 15th September 2020 | 30th November 2020 |
* Refundable
Once the classes start in physical mode, hostel facility will be made available for the benefit of participants from outside Mumbai, at NISM’s campus in Patalganga, at Rs. 13,350/- (Rupees Thirteen Thousand and Three Hundred and Fifty only) per month.
The break-up of the hostel fees is as follows:
Accommodation Charges: Rs. 6,000
Food Charges: Rs. 7,000
GST on Food: Rs. 350
Total: Rs. 13,350/-
Note: Hostel accommodation can also be made available on single occupancy as well as with air-conditioning facility on a chargeable basis. However, if the numbers of students opting for Air-conditioning (AC) facilities are less than the desired number, NISM may discontinue the AC services and refund the proportionate charges.
In addition, participants (availing hostel facility) shall pay a refundable hostel deposit of Rs. 10,000/-
Fee Refund Policy
If any applicant requests to withdraw his/her admission, the Institute will refund the collected fees after deducting Rs. 1000/- towards processing fees and return the applicant’s certificates, if such withdrawal is made before the commencement of the programme, for whatever reasons, as per the procedures prescribed in various government guidelines. The last date for withdrawal of admissions for the purpose of refund of fees is 25th August 2020.
If any applicant chooses to withdraw, the Institute will follow a three-tier system for refund of fees, as follows:
| Sr. No | Percentage of Refund of Aggregate Fees | Point of time when notice of withdrawal of admission is served to the Institute |
| 1 | 100% less Rs.1,000/- | Before commencement of the programme. |
| 2 | 100% less Rs. 10,000/- of full fee including refundable deposits | After commencement of programme and the vacant seat is filled by another applicant from wait-list. |
| 3 | 0% except refundable deposits | After commencement of the programme and the seat remained vacant. |
Note: The Management reserves the right to change, amend programme fees as and when it deems fit.
