Universal AI University – Karjat (Mumbai) Courses and Fees

  Mumbai   AICTE   ESTD February 2009
  Mumbai   AICTE   ESTD February 2009

Courses

Universal AI University Courses & Fees

Universal AI University, located in Maharashtra, provides full-time undergraduate programs including B.Sc, B.Com, BA (Hons.), and BBA with a duration of 3 years. At the postgraduate level, the university offers a 4-year BBA+MBA program, a 2-year MBA Executive program, and a PGDM course. Additionally, there is a 2-year PhD program available at the Doctorate level, and further details are outlined below.



Courses Specialisations Eligibility Criteria
B.Com General
  • 10+2 in Commerce Stream from a recognised institute and with at least 65% marks.
  • Candidates who are pursuing 12th or are a Diploma/Certificate Holder from an IB Board are also eligible to apply.
  • Valid non-zero score in NPAT.
B.Sc. Artificial Intelligence & Machine Learning, Business Analytics
  • 10+2 in Science Stream from a recognised institute and with at least 65% marks.
  • Candidates who are pursuing 12th or are a Diploma/Certificate Holder from an IB Board are also eligible to apply.
BA (Hons.) Psychology, Economics
  • 10+2 in Arts Stream from a recognised institute and with at least 65% marks.
  • Candidates who are pursuing 12th or are a Diploma/Certificate Holder from an IB Board are also eligible to apply.
  • Valid marks in CUET.
Global BBA Global Business
  • 10+2 in any stream from a recognised institute and with at least 65% marks.
  • Candidates who are pursuing 12th or are a Diploma/Certificate Holder from an IB Board are also eligible to apply.
  • Valid non-zero score in NPAT.
Global BBA + MBA Business Administration and Global Business
  • 10+2 in any stream and with at least 65% marks from a recognised institute. 
  • Valid non-zero score in NPAT.
MBA Executive General
  • Graduation in any stream from an approved college or university.
  • Valid score in CAT.
GMP General

Bachelor’s Degree in any stream from a recognised university or college. The weightage of qualifications and skills is as follows:

  • Academics (10th, 12th & Grad) – 20%
  • Entrance Exam (CAT/GMAT/CMAT/CET) – 20%
  • Extra-Curricular Activities – 20%
  • Communication Skills/Leadership – 25%
  • Work Experience/Leadership – 15%
PhD General Post-Graduation in any relevant stream from a recognised college or university.
PGDM Business Management, General, Business Design, International Management, Foreign Collaboration Graduation in any stream from a recognised college.


MBA Single/Dual (EU Cert.)

Fees (Tuition, Boarding & Lodging)

Our extensive academic programs are designed to equip with the essential knowledge, skills and tools you need to become employable and entrepreneurial global citizens.



Courses (Cardiff Met. University, UK) Duration Tuition Fees
MBA Single Specialization 24 Months INR 9.48 Lacs
MBA+ Dual Specialization 24 Months INR 10.98 Lacs
MBA Dual Specialization (European Certification*) – 1 month in Europe 24 Months 11.48 Lacs


MBA (Foreign Collaboration)

Fees (Tuition, Boarding & Lodging)

Our extensive academic programs are designed to equip you with the essential knowledge, skills and tools you need to become employable and entrepreneurial global citizens.



AICTE Approved MBA Programs Duration Tuition Fees
MBA Foreign Collaboration 24 Months INR 11.98 Lacs


MBA (Business Mgmt. Fees (Tuition, Boarding & Lodging)

Our extensive academic programs are designed to equip you with the essential knowledge, skills and tools you need to become employable and entrepreneurial global citizens.



AICTE Approved MBA Programs Duration Tuition Fees
MBA Business Mgmt. 24 Months INR 11.98 Lacs


MBA (International Management)+GMP

Fees (Tuition, Boarding & Lodging)

Our extensive academic programs are designed to equip you with the essential knowledge, skills and tools you need to become employable and entrepreneurial global citizens.



AICTE Approved MBA Programs Duration Tuition Fees
MBA International Business + GMP 24 Months INR 11.98 Lacs


Note: The fees would change as per the GMP program for Year 2.

MBA (Business Design & Innovation)

Fees (Tuition, Boarding & Lodging)

Our extensive academic programs are designed to equip you with the essential knowledge, skills and tools you need to become employable and entrepreneurial global citizens.



AICTE Approved MBA Programs Duration Tuition Fees
Dual Specialization (with BDI) 24 Months INR 10.98 Lacs


Notes:

* International Travel: Cost of travel, visa and stay (with food) is borne by the students.

Boarding & Lodging on Campus

  • Single Room (AC) (Limited rooms available) – INR 2,98,000 / year
  • Dual Sharing Room (AC) – INR 1,88,000 / year
  • Triple Sharing Room (AC) – INR 1,68,000 / year 
  • DOM Sharing Room (Non-AC) – INR 1,30,000 / year

Other Charges:

  • Security Deposit (Refundable) – INR 25,000 / year
  • CSR Activities – INR 5,000 / year 
  • Welcome Kit (Includes University Tie/Scarf, T-shirt) & Student participation fee in festivals – INR 5,000 / year  
  • Alumni Membership Fee – INR 2,500 / year

Accommodation & Meals

All hostel rooms are equipped with ensuite washroom, common Living & Dining Room with kitchenette. Fee includes student accommodation, house keeping, soft furnishing, WiFi, laundry, gym & extensive sports facilities. Single Sharing apartments (4 pax) will have a refrigerator, a microwave oven & dressing tables.
Food : We offer 4 Meals / Day with Veg., Jain & Non-Veg. options cooked in separate kitchens by SODEXO (Worlds largest French MNC in quality food services in 80 countries).

Please also note that due to limited accommodation available on campus, students who complete payment of all fees (Tuition & Infrastructure) in the given time frames will be able to stay on campus. Those who cannot pay on time will have to find accommodation outside the campus.

Fee Refund Policy

AICTE has amended the Fee Refund Rules for the academic current session. A candidate applying to the institute for Fee refund till June 30 of the year of the intake should get the due amount of his/her fee refunded within 7 days from the date of submission of the Application at the college. After this date no Refund request will be entertained.

In the event of a student/Candidate withdrawing before the starting of the course, the waitlisted candidates will have to be given admission against the vacant seat. The entire fee collected from the student, after a deduction of the processing fee of not more than Rs.1000/- (Rupees one thousand only) shall be refunded and returned by the Institution/ University to the student/ candidate withdrawing from the programme.It would not be permissible for institutions and Universities to retain the school/Institution Leaving Certificates In oriqinal.

Should a student leave after joininq the course and if the seat consequently falling vacant has been filled by another candidate by the last date of admission, the Institution must return the fee collected with proportionate deductions of monthly fee and proportionate hostel rent,where applicable!

Global Management Programs (GMP)

Fees (Tuition, Boarding & Lodging)

Our extensive academic programs are designed to equip you with the essential knowledge, skills and tools you need to become employable and entrepreneurial global citizens.



AICTE Approved PGDM + Dual Continent GMP Programs (International Study) Programs Duration Tuition Fees
Lincoln University, USA – 1 year in San Francisco 24 Months INR 9.48 Lacs + USD 12000
University of Economics, Varna – 3 months in Europe 24 Months INR 11.58 Lacs
Northeastern Illinois University, USA – 1 year in Chicago 24 Months INR 9.48 Lacs + USD 14500
Swiss School of Management, Dual Degree and Dual Specializaton + (International – 1 Week) 24 Months INR 11.98 Lacs
Swiss School of Management, Italy 1 week in Rome (Barcelona – Optional) 24 Months INR 11.58 Lacs(Optional – EUR 1150)
INSEEC B-School, France – 1 year in Paris 24 Months INR 9.48 Lacs + EUR 9000
University of Salamanca, Europe – 1 year in Spain 24 Months INR 9.48 Lacs + EUR 6960


Note: Estimated Tuition Fee. The actual fee applicable will be updated on the partner university website. * International Travel: Cost of travel, visa and stay (with food) is borne by the students.

** Domestic Travel: Cost of travel is borne by the students.

Boarding & Lodging on Campus

  • Single Room (AC) (Limited rooms available) – INR 2,98,000 / year
  • Dual Sharing Room (AC) – INR 1,88,000 / year
  • Triple Sharing Room (AC) – INR 1,68,000 / year
  • DOM Sharing Room (Non-AC) – INR 1,30,000 / year

Other Charges:

  • Security Deposit (Refundable) – INR 25,000 / year
  • CSR Activities – INR 5,000 / year 
  • Welcome Kit (Includes University Tie/Scarf, T-shirt) & Student participation fee in festivals – INR 5,000 / year  
  • Alumni Membership Fee – INR 2,500 / year

Accommodation & Meals

Accommodation & Meals: We offer single rooms AC (limited rooms available) & dual sharing rooms AC with ensuite washroom, common Living & Dining Room with kitchenette. Fee includes student accommodation, house keeping, soft furnishing, WiFi, laundry, gym & extensive sports facilities. Single Sharing apartments (4 pax) will have a refrigerator, a microwave oven & dressing tables.

Food : We offer 4 Meals / Day with Veg., Jain & Non-Veg. options cooked in separate kitchens by SODEXO (Worlds largest French MNC in quality food services in 80 countries).

Please also note that due to limited accommodation available on campus, students who complete payment of all fees (Tuition & Infrastructure) in the given time frames will be able to stay on campus. Those who cannot pay on time will have to find accommodation outside the campus.



Country Basic Monthly Expenses
UK GBP 800 per month
USA USD 600 to USD 700 per month
France EUR 700 to EUR 900 per month
Bulgaria EUR 400 to EUR 500 per month
Spain EUR 800 to 1000 per month


Fee Refund Policy

AICTE has amended the Fee Refund Rules for the academic current session. A candidate applying to the University  for Fee refund till June 30th of the year of the intake should get the due amount of his/her fee refunded within 2 weeks from the date of submission of the Application at the college. After this date no Refund request will be entertained. Example: June 30, 2023 for Intake Year July 2023.

Students availing the Global Management Program (GMP)
1. Confirmation of Admission of GMP (1st Instalment of Tuition Fee) – INR 1,00,000/- Non-refundable / Non-transferable
This Fee goes towards securing your admission with the International Partner in the Global Management Program (GMP).
All admissions in the GMP are approved by the International Partner on the basis of the established Admission guidelines.
The first instalment fee can be transferred to one subsequent intake only, if student officially fills-up Postponement form with applicable fee however, new fee structure will apply. If the student transfers his registration to the next intake and decides to cancel his registration thereafter, in such cases no refund will be applicable on the first instalment fees.
2. Confirmation of Admission of PGDM (2nd Instalment of Tuition Fee) –Refundable
In the event of a student/Candidate withdrawing before the starting of the course, the waitlisted candidates will have to be given admission against the vacant seat. The entire fee collected from the student, after a deduction of the processing fee of not more than Rs.1000/- (Rupees one thousand only) shall be refunded and returned by the Institution to the student / candidate withdrawing from the programme.
University will not retain the school / Institution Leaving Certificates / Transcripts / Degree Certificate in original and will hand over the same to the student / representative in person.
Should a student leave after joining the course and if the seat consequently falling vacant has been filled by another candidate by the last date of admission, UBS will return the fee collected with proportionate deductions of monthly fee and proportionate hostel rent, where applicable!
All Refunds due will be processed in August after commencement of the program.
3. Tuition Fee (Subsequent Instalments)
If a student cancels BEFORE June 1st the fee paid towards tuition (subsequent instalments) will be refunded. However, NO REFUND is applicable for the Confirmation of Admission of GMP (First Instalment of Tuition fee).
If a student cancels AFTER the commencement of the GMP program, any advanced instalments paid will be non-refundable.
4. Scholarship / Fee Waiver
If the student wishes to cancel the program in between, fees accrued till the date of cancellation excluding scholarship/fee waiver/recommendation granted must be paid before release of any academic and non-academic documents
5. UBS Code of Conduct Violation / Medical Emergencies / Other Personal Events or Mitigating Factors
If a student is found to violate the UBS Code of Conduct or has Medical Emergencies or has Personal Family/Business related issues there will be NO REFUND of any amount under any circumstance.
The above Refund policy is applicable irrespective of the cause for a refund and includes medical emergencies and all other causes.
6. Student Housing Policy
Fees cannot be paid per semester and needs to be paid as per the Offer Letter. Any delay in payment may result in Rs.100/- penalty per week.
Student Housing fees once paid would not be refunded under ANY circumstance.
Accommodation would be made available 2 days before the start of orientation.
If a student requires student housing during the Internship Period / summer break, he/she would have to inform the institute in advance.

Note:
Entire amount of Security/Caution Money Deposit will be refunded to the candidate.
For calculation of the Cancellation Charges on the pro-rata basis, one month shall be treated as one unit e.g. if the candidate cancels admission on third day i.e. within one month after the start of academic session & the seat is filled before the cut-off date, then Cancellation charges on pro rata basis will be the higher amount of (Entire fee ) /12 or Rs. 1000/-

Best Executive MBA program for working professionals

Fees:

Total Course fees is INR 3,25,000

Application Form Fees is INR 1,000

Seat Reservation Fees is INR 10,000

Education Loans:

The following banks offer education loans on their own discretion:

Central Bank of India | Bank of India | State Bank of India | Bank of Baroda | Union Bank of India | Punjab National Bank | Axis Bank | Gyan Dhan | CREDILA – An HDFC Ltd. | AVANSE Education Loans | West Bengal Student Credit Card Scheme. 

Course name Duration Fees Exams Accepted