The MBA program at LNMI offers an affordable education with strong quality and favorable placements. The admission process involves an online application, followed by evaluation based on MAT scores (80%) and Group Discussion/Personal Interview (20%). The program costs range from INR 1.6 to 3.2 lakhs over two years, with payments typically split into installments of INR 90,000 and two installments of INR 35,000. Additional expenses include examination fees ranging from INR 630 to 2,000 per semester and a degree certificate fee of INR 1,200.
Scholarships are available for SC/ST, BC/EBC, and other weaker sections. The institution is government-affiliated and transparent in its fees, making it cost-effective compared to private options. Placement rates are generally positive, ranging from 70% to 90%, with top companies like Amazon and Google recruiting graduates. MBA graduates see high placement rates with median salary packages between 6 to 7 LPA. The college's placement cell aids in interview preparation and industry-specific training.
Internships are mandatory, enhancing career prospects. Financial aid is accessible through Bihar government education loans, with low-interest rates, and other scholarships are also available. The payment structure is designed to be manageable for students.
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