Paying MBA Fees Before Getting Placed?

When one thinks of an MBA, he thinks of a high salary, career growth, and a great corporate job. But, the high MBA fees, painted placement promises, news headlines of MBAs not getting jobs puts a full stop on all the thinking and daydreaming. Relatable much?  Are you sailing in the same boat? If you are looking to transform your career and shape your future, then an MBA is a sure-shot way. And, what if that MBA comes with a NO PLACEMENT NO FEE promise? Yes, India now has its very own B-school that offers all that a student expects from a B-school.  It does not just deliver quality education but focuses on enhancing the employability of fresh graduates and works on NO PLACEMENT, NO FEE ideology. Which simply means, IF YOU DON'T GET A JOB, YOU DON'T PAY YOUR MBA FEES! It's that simple. Its Sunstone, India's only B-school that invests in your professional development and either gets you placed or doesn't take course fees.   It offers MBA and PGDM programs having an industry-aligned curriculum taught by outstanding faculty having prior industry experience. Sunstone's technology-enabled pedagogy empowers students to learn in a tech-friendly setting integrated with a Learning Management System (LMS) and other latest digital mediums that strengthen their digital literacy, which is a must to survive in this fast-paced world. Also, Sunstone ensures that its students get significant corporate exposure through paid internship opportunities and regular guest lectures.

NO PLACEMENT NO FEE MBA

Sunstone has a unique fee structure that zeroes financial risks and offers the best return on investment (ROI). It takes complete responsibility for its student's career and placement and has a NO PLACEMENT, NO FEE philosophy. With such uncommon MBA fee plans, Sunstone has not just changed the scenario of management education in India but also the way students pay for it. Also Check Out: Why Industry hires from Sunstone? Let's dig in further to see what all MBA fees options it offers and how one can pay its MBA fees at Sunstone.

Sunstone Fee Structure

Sunstone has two payment plans, and it leaves it on the students to make the choice and pick the one that best suits them. 

2 Payment Options: Your Choice Your Convenience

1. Pay After Placement
2. Money-Back Guarantee

Let's pick each of these MBA fees payment options one by one and understand what Sunstone offers under these plans.

  Let’s begin with Sunstone’s Pay after Placement fee option.

Pay After Placement

A fee concept that's unheard of and is unique. Under this payment plan, YOU PAY FEES ONLY AFTER YOU GET PLACED Sunstone introduced this MBA fees model to give every student an equal opportunity to fulfill the career ambition and get a job best suited to his interest. In this plan, you pay a nominal amount at the time of admission, and the tuition fees only after getting a job.  Let's dig in further to understand how this model works.

How Sunstone’s Pay After Placement Plan Works?

For clarity, let’s follow a step-by-step approach. 

STEP 1

You enroll for Sunstone's full-time 2-year program by paying INR 1,25,000* at the time of admission. This amount includes registration, examination, and welfare fees. Check out the below table for the fee breakdown.

*Fee Breakdown

Registration Fees		65,000/-
Examination Fees		20,000/-
Student Welfare Fee		40,000/-
Library Fees	7,700/-
Lab Fees	7,700/-
Technology Fees	9,600/-
Campus & Development Fees	7,500/-
Co-curricular, Alumni Association and Seminars	7,500/-
Total		1,25,000/-

STEP 2

You then pay no fee for the next 2-years. You gain managerial skills & competencies to succeed in the business world in these two years at no cost.  Must Read: Tops Reasons to do MBA in 2020

STEP 3

On completion of the course and only after getting placed by Sunstone, you pay the tuition fees that too based on your monthly salary. The tuition fee will be equal to 10 times your gross monthly salary with the maximum fees of INR 6,00,000. NOTE: The maximum fee you pay for your MBA/PGDM at Sunstone is INR 6,00,000. In no condition will this overall fee be more than INR 6,00,000, even if the student secures a higher package. Let's understand this better with a few examples.  If you get placed at a monthly Salary of INR 30,000, then what will be the tuition fee? Suppose, you get placed at the salary of INR 30,000 then 10 times your salary will come out to be INR 3,00,000 and the registration plus examination charges were of INR 1,25,000. So, the total fees for you will be INR 4,25,000, out of which, you had already paid INR 1,25,000 at the time of admission, so you will just have to pay the remaining amount of INR 3,00,000 on the completion of course.  If your monthly Salary is INR 50,000, then what will be the tuition fee? On the other hand, if you get placed at the salary of INR 50,000 then 10 times your salary will come out to be INR 5,00,000 and the registration plus examination charges were of INR 1,25,000. So, the total fees for you will be INR 6,25,000, but with the maximum fee of the program being INR 6,00,000, you will just pay INR 6,00,000 as your tuition fee. Also, note that out of this amount, you had already paid INR 1,25,000 at the time of admission, so you will just have to pay the remaining amount of INR 4,75,000 on the completion of the course.  Check out the table below for more clarity on the fee calculation based on varied salary assumptions.

Monthly Salary	Tuition Fees (10x of Salary)	Registration + Other charges	Total Fees
30,000	3,00,000	1,25,000	4,25,000
40,000	4,00,000	1,25,000	5,25,000
50,000	4,75,000	1,25,000	6,00,000
60,000	4,75,000	1,25,000	6,00,000
1,00,000	4,75,000	1,25,000	6,00,000

Hope all this detailed information helped you in having clarity on Sunstone's Pay after Placement fee model. 

Now, let's move further.  Next, Sunstone has a Pay after Placement Scholarship-based Plan.

Scholarship-based Pay after Placement MBA Fee Plan

This plan is for the students having talent, potential, and passion to do something meaningful with their life. Sunstone aims to recognize and empower the careers of meritorious students under this plan. Admission is granted based on their academics, performance in the Sunstone Admissions Test (SEAT) and Personal Interview (PI).  Know What Skills do Employers Expect MBA Graduate to have? Now, let's see how this plan works? Again, let's understand this scholarship plan through easy steps.

STEP 1

As mentioned above, under the Pay after Placement plan, you were supposed to enroll for Sunstone's program by paying INR 1,25,000. But, under the scholarship plan, the meritorious students will just have to pay INR 65,000 and not INR 1,25,000 to enroll for the program.  This amount of INR 65,000* includes registration, examination, and welfare fees. Check out the below table for the fee breakdown of this plan.

*Fee Breakdown

Amount Type			Amount to be Paid
Registration Fees			65,000/-
Examination Fees			20,000/-
Student Welfare Fee			40,000/-
Library Fees		7,700/-
Lab Fees		7,700/-
Technology Fees		9,600/-
Campus & Development Fees		7,500/-
Co-curricular, Alumni Association and Seminars		7,500/-
Scholarship Waiver			60,000/- (Discount)

STEP 2

Again, you pay no fee for the next 2-years and become industry-ready by learning from the notable faculty of Sunstone.

STEP 3

Again, just as the Pay After Placement plan, here also you pay the tuition fee only after being placed by Sunstone and based on your monthly salary. However, under this Scholarship Plan, the tuition fee will be equal to 10 times your gross monthly salary with the maximum fees of INR 6,00,000.

Money Back Guarantee

For the first time in India, Sunstone offers management programs with a money-back guarantee. Another unique payment plan to pay MBA fees, where either Sunstone gets you placed or refunds the tuition fee.  Now, you must have heard of the money-back guarantee while purchasing a product or service but never in education.  Right? Well, the question is, Why not?  Why can’t an MBA come with a Money-Back Guarantee? Sunstone believes an MBA should be treated like any other product or service and the students as consumers who should be able to reap all the advantages of this degree, else B-schools should refund the tuition fees.  Don't you second that belief? Guess, you sure do.  So, at Sunstone, YOU GET PLACED OR GET REFUND OF COMPLETE FEES

How Sunstone’s Money-Back Guarantee Works?

Now, let's see how the Money Back Guarantee MBA plan works?

STEP 1

You apply to Sunstone's full-time 2-year program by paying a fixed amount of INR 3,15,000* at the time of admission. This amount includes the registration fee of INR 65,000 and other charges amounting to INR 2,50,000. Check out the below table for the fee breakdown

*Fee Breakdown

Amount Type		Amount to be Paid
Registration Fees		65,000/-
Student Welfare Fee		40,000/-
Library Fees	7,700/-
Lab Fees	7,700/-
Technology Fees	9,600/-
Campus & Development Fees	7,500/-
Co-curricular, Alumni Association and Seminars	7,500/-
Tuition Fees ( Installment 1)		95,000/-
Examination Fees (Installment 1)		10,000/-
Tuition Fees ( Installment 2)		95,000/-
Examination Fees (Installment 2)		10,000/-
Total Fees		3,15,000/-

STEP 2

Even under this payment plan, you pay no fees for the next 2-years and become industry-ready by gaining the right skills and know-how.

STEP 3

On completion of the course, you get placed by Sunstone or get a refund of your tuition fee (INR 3,15,000). With such amazing MBA Fee payment plans, don't think you have left with any more reasons to delay your MBA. Apply Now to Sunstone: NO PLACEMENT NO FEE MBA!

ADMISSION OPEN FOR 2020-22 BATCH CLICK HERE TO APPLY