East SikkimSikkim Manipal UniversityCourses & FeesMaster of Business Administration [MBA] (Finance)

Master of Business Administration [MBA] (Finance) From Sikkim Manipal University, East Sikkim

East Sikkim, SikkimPrivate UniversityEstd 1992
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Master of Business Administration [MBA] (Finance)
first year fees:  ₹280,000
2 YearsFull Time
Year12
Tution fees₹275000₹275000
Other fees₹5000-
Total Year Wise fees2.80 Lakhs2.75 Lakhs

Eligibility Criteria

Aspirants seeking admission to the Program should have passed Bachelor in any discipline with 50% marks.

Entrance Exam:

MAT & CAT score / University Entrance Test and GDs/PIs

Course Details

Sikkim Manipal University offers an MBA in Finance along with eight other specialisations. It is administered under the Department of Management Studies of the Sikkim Manipal Institute of Technology (SMIT). The program is for a duration of 2 years. Admissions are made on the basis of the scores in CAT / MAT / GMAT/ CMAT/ the entrance exam conducted by the university. The selection process also includes Group Discussion and Personal Interview. 

Check: CAT Exam Dates 2022

Sikkim Manipal University MBA Finance Course Highlights

  • The duration of the program is 2 years.
  • A maximum duration of 4 years is allowed to complete the program, failing which the student will have to re-register as a fresh candidate. 
  • The program has 60 seats, out of which some are reserved categories. 
  • The total number of credits required to complete the program is 102. 
    • Semester 1 - 25 credits 
    • Semester 2 - 25 credits 
    • Semester 3 - 30 credits 
    • Semester 4 - 22 credits 
  • A summer internship project is to be undertaken during the vacation after the 2nd semester. 
  • The course material and syllabus for the first two years are the same for all specialisations. MBA Finance students have to take up two courses each from the Finance specialisation in the 3rd and 4th semesters. 
  • The total fees payable for the 2 years is Rs. 5,50,000 for General Category students and Rs. 2,23,000 for Sikkim Quota students. 
  • Its placement rate was 95.5% in 2019 and the highest salary package offered in 2020 was a stunning 24 LPA (Lakhs per Annum). 

Sikkim Manipal University MBA Finance Eligibility 

The eligibility requirement for the MBA Finance program of Sikkim Manipal University (SMU) is as follows : 

  • Graduate in any discipline with a minimum of 50% marks (45% for students from the OBC/SC/ST category). 

Sikkim Manipal University MBA Finance Admission Criteria 

Sikkim Manipal University offers a 2 year MBA program in Finance, the admission to which is purely based on merit. The details regarding the admission process, selection criteria, and entrance test will be explained in this section. 

MBA Finance How to Apply? 

Follow the steps given below to apply to the MBA Finance program of Sikkim Manipal University. 

  • Go to the Application Portal of Sikkim Manipal Universities technical campus, SMIT. Click here
  • Fill in the required details in the registration portal and click on “REGISTER”. 
  • Verify your Email Id. 
  • Fill the Online Application Form by filling in the necessary details carefully. 
  • Submit the form. 
  • Pay the Application Fee of Rs. 500 via Credit card/ Debit card/ Net Banking / Demand Draft. 
  • Upload the required documents. 

Note: The course code for the MBA Finance program is 401. 

MBA Finance Selection Criteria 

The selection criteria for the MBA Finance program is a bit different for the candidates who have CAT/MAT/CMAT/GMAT scores (Group 1) and candidates without these scores (Group 2).

The parameters that will be taken into consideration in the selection process for these two groups are as follows : 

  • CAT/MAT/CMAT/GMAT scores, Group Discussion, Personal Interview (Group 1)
  • The score obtained in the entrance test conducted by SMU, Group Discussion, Personal Interview (Group 2)

Check: CAT Cut Off

Check: CAT Syllabus

Sikkim Manipal University MBA Finance Course Details 

Sikkim Manipal University offers a 2 year MBA program in Finance in its technical campus SMIT (Sikkim Manipal Institute of Technology). This section contains the details about the course structure, syllabus, scholarship and seat reservations. 

MBA Finance Course Structure and Credit Requirements 

  • The course is for a duration of 2 years and consists of 4 semesters. 
  • Each semester will have 16 weeks of coursework and 2 examination weeks. 
  • The students are allowed a maximum of 4 years (8 semesters) to complete the program, failing which they will have to re-register as a fresh candidate. 
  • The whole program is 102 credits. 
  • There are a total of 9 courses ( 7 theory & 2 practical) to be completed in the first semester. The total number of credits is 25. 
  • There are 8 courses (7 theory & 1 practical) to be done in the second semester. The total number of credits is 25. 
  • A summer internship project is to be done during the vacation after the second semester. Reports of the same have to be submitted to the university, following which a Viva-Voce will be conducted. A minimum of 40 marks is required to pass in the same.
  • The third semester comprises 8 courses (6 theory & 2 practical). There are 6 core courses (out of which 2 are practical) and 2 elective courses from the Finance specialisation. The total number of credits is 30. 
  • The fourth semester consists of 6 courses (5 theory & 1 practical). There are 4 core courses (out of which one is practical) and 2 electives from the Finance specialisation. The total number of credits is 22. 
  • The internal marks are based on assignments, oral examinations, seminars, etc conducted in 2 sessions. 

MBA Finance Syllabus 

The syllabus of the MBA Finance program was revised in 2018. The new syllabus document contains details like the syllabus for each semester, credit distribution, structure and outline of each individual course, etc is available for download. Click here to get the full syllabus. 

MBA Finance Scholarships

Following are the scholarships that can be availed by a student enrolled in the MBA Finance program. 

  • A concession of 75% on the tuition fee is awarded to students sponsored by the Government of Assam. 
  • Students from economically weak backgrounds are eligible for scholarships based on the income of their parents/guardians. The application for this scholarship has to be supported with the necessary documents. 

Note : 

  • Students can avail only one type of scholarship. 
  • The scholarship, once awarded, will be applicable throughout the time of their study at the university, provided they don’t have any backlogs, don’t have any disciplinary cases against them and maintain a CGPA equal to or greater than 6.5.

MBA Finance Reservation Criteria 

The seat distribution in the MBA Finance program of SMU university is based on specified reservation criteria. The details of the same are given below : 

  • The total number of seats is 60. 
  • General - 35
  • North East - 12
  • Sikkim - 12
  • Defence - 1 

Check: Sikkim Manipal University Courses and Fees

Sikkim Manipal University MBA Finance Comparison 

Sikkim Manipal University ranks in the 101-150 band in the NIRF University Rankings 2020. Sikkim University is also in the same range on the list. This section is a comparative analysis of the MBA programs offered by the two colleges : 

Parameter  Sikkim Manipal University  Sikkim University 
Total Credits  102 112
Specialisations  HR, Finance, System  HR, Finance, Marketing Management 
Internship  Yes (After Semester 2) Yes (After Semester 2)
Placement (2018) Yes (SMIT Overall 92.8%) Nil

Sikkim Manipal University MBA Finance Placements 

The MBA in Finance program offered by SMU offers students a good range of exciting career opportunities. The Training and Placement Cell of SMIT (the technical campus of SMU) organises courses and training programs for students to enhance their skills and aptitude. It also conducts workshops and seminars.

Given below are the list of top recruiters offering placements for MBA students SMIT in recent years:

  • HDFC Bank Ltd
  • BAJAJ Allianz Insurance 
  • Lanco
  • IDBI Bank
  • Torrent Pharma 
  • Think and Learn 
  • Birla Sun Life Insurance 
  • Apollo Tyres 
  • NEDFi
  • Colgate Palmolive 
  • ICICI Bank Ltd 
  • Axis Bank Ltd 
  • Central Bank of India 
  • Reliance Trend 

Placement Statistics:

Check: Sikkim Manipal University Placements

Year of Passing  Placement %  Highest Salary (LPA) Average Salary (LPA)
2019  95.5 18 4.85
2018 92.8 22.38 4.76
2017 92.5 12 4.5

Sikkim Manipal University MBA Finance FAQs 

Ques. Can students from other states enrol in the Sikkim Manipal University MBA Finance program? 

Ans. Yes. Students from other states are allowed to take up the MBA Finance program at SMU. However, there are separate seats reserved for students from Sikkim and other Northeastern states. Out of the total 60 seats available, 35 come under the general category and anyone regardless of their place of residence are eligible to apply for these seats. 

Ques. What are the seat cancellation and fee refund policy for the MBA Finance program at Sikkim Manipal University (SMU)? 

Ans. The SMIT campus of SMU, where the MBA Finance program is offered, follows the AICTE/UGC guidelines for withdrawal. According to this, if a student submits the application for withdrawal from the university on or before June 30, 2021, then the university is obliged to refund the full amount paid by the student. The amount should be returned within 7 days of the date of submission of the withdrawal application. 

Ques. Are hostels available for MBA Finance students in Sikkim Manipal University (SMU)? 

Ans. Yes. Hostels are available. The four types of rooms available are Single AC, Single Non-AC, Double Sharing AC and Double Sharing Non-AC. Mess facility is available for hostilities. The Mess and Utility fees are subject to change depending on factors like market rates of food commodities, electricity tariff, etc. To view the fee details of the Hostel and the Mess, refer to the sub-section “Hostel” under the section “Course Fee.”

Ques. What is the Student-Faculty Ratio of the Sikkim Manipal University MBA Finance program? 

Ans. The student-faculty ratio of the SMIT campus where MBA Finance is offered is 13.82. There are a total of 2184 students across all years of all programs. The corresponding number of teachers is 158. 

Ques. What are the transport facilities around the SMIT campus of Sikkim Manipal University (SMU) where the MBA Finance program is offered? 

Ans. The SMIT campus is well connected to different transport systems. The nearest taxi stand, the Rangpo Taxi Stand, is just 5.6 km away from the campus. The New Jalpaiguri Railway station is around 85 km away from the campus. However, cab services are always available on this route. Also, the major airport in the region, the Bagdogra Airport, is over 100 km away from the campus. Cab services are available to and from Majitar, where the SMIT campus is located. 

Ques. What are the fees of the Sikkim Manipal University MBA Finance program?

Ans. The MBA Finance program at Sikkim Manipal University is a 2 year program comprising 4 semesters. The fee details for the same are given below : 
Year  General Category Students  Sikkim Quota Students 
First Year  Rs. 2,75,000 Rs. 1,11,500
Second Year  Rs. 2,75,000 Rs. 1,11,500
Total Rs. 5,50,000 Rs. 2,23,000
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Master of Business Administration [MBA] (Finance) Comparison

Sikkim Manipal UniversityAmity University Noida
Reviews Rating
Cost To Study
Total Fees
555000 (2 Years )
Total Fees
1432000 (2 Years )
Hostel Fees
85000
Ranking
-
# Ranked 28/125 by NIRF Management Ranks
Highest Salary₹2400000₹5800000
Average Salary₹543000-
General Course Details
Duration - 2 Years
Course Offered - Full Time
Mode - Full Time
Degree Type - On Campus
Course Level - Post Graduation
Course Credential - Degree
Duration - 2 Years
Course Offered - Full Time
Mode - Full Time
Degree Type - On Campus
Course Level - Post Graduation
Course Credential - Degree
EligibilityGraduation with 50%Pass in Graduation + CAT

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