What is the fees for MBA in LIBA?
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2 Answers
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The fee structure for the MBA programme at Loyola Institute of Business Administration (LIBA) varies depending upon the programme you're willing to choose between full-time PGDM (Post Graduate Diploma in Management) programme or a part-time program.
For instance, the fees for the full-time PGDM programme for the session 2022-2024 was around INR 17,09,500. The amount is the total fee for the entire two-year programme duration.
The fees for part-time MBA programs are different. However, part-time programs are generally not referred by the students.
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Loyola Institute of Business Administration offers students the popular programme of PGDM in one specialisation only. The total tuition fees for the course is INR 18.9 L. The LIBA Chennai PGDM specialisation is mentioned below:
1. Post Graduate Diploma in Management (PGDM)
Students can opt for their preferred specialisation according to their particular career direction.
Amrita Business Schoo Coimbatore and LIBA Chennai are known MBA institutes in the state of Tamil Nadu. Admission to the PG course at these institutes is subject to fulfilment of the eligibility and selection requirements. In terms of affordability, Amrita MBA tuition fee amount is INR 12 lakh. While MBA at LIBA Chennai cost INR 18.89 lakh. Hence, Amrita B-school fees is lesser than LIBA. The mentioned fee details are as per the official website/sanctioning body. However, it is still subject to changes and hence, is indicative.
Given below is a brief comparison between the REC and LIBA colleges for their MBA courses based on various factors, such as seat intake and overall rating:
Particular | REC | LIBA |
|---|---|---|
Seat Intake | 240 | 240 |
Overall Shiksha Rating | 4.4/5 | 4.3/5 |
Pursuing the Executive Diploma in Financial Management course from LIBA Chennai equips students with advanced knowledge of Accounting and Finance. Thus, upon completing this course, students can pursue different career paths, each with the potential for attractive earnings. Mentioned below are a few career options and respective industry-based average payouts for Executive Diploma graduates:
- Jr Accountant: INR 2.4 LPA
- Financial Consultant: INR 6 LPA
- Certified Management Accountant: INR 6 LPA
- Accounts Manager: INR 8.6 LPA
Note: The above-mentioned are industry-based average payouts. The actual salary may differ.
Yes, completing a PG Diploma degree from LIBA Chennai makes students eligible for various jobs in government departments and organisations (both Central and State). This happens because completing the programme equips students with many employability skills, such as communication, critical thinking, problem solving, management, and more. Tabulated below are some of the government job profiles for students to pursue after completion of the programme:
Job Profile | Average Salary |
|---|---|
Bank Probationary Officer (PO) | INR 5 LPA to INR 7 LPA |
IBPS PO | INR 3 LPA to INR 4 LPA |
IBPS Clerk | INR 2 LPA to INR 3 LPA |
RBI Assistant/Grade B Officer | INR 6 LPA to INR 8 LPA |
Note: The above-mentioned are industry-based average payouts.
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