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

East Sikkim, SikkimPrivate University

Master of Business Administration [MBA] (Finance)


Course Fees

Course Duration

2 Years

Tuition Fees

2.75 Lakhs

1 Year Fees

2.8 Lakhs

Total Fees

5.55 Lakhs

Detailed Fees

general
yearTuition FeesOther FeesTotal Fees
year 1₹ 275000₹ 5000₹ 2.8 Lakhs
year 2₹ 275000-₹ 2.75 Lakhs

Course Information

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

Placement

Highest Placement₹ 24.0 Lakhs
Average Placement₹ 5.4 Lakhs
Top Companies

Sikkim Manipal University Admission 2024 Dates

Important Events

EventDate

College Ranking

Ranking of Sikkim Manipal University - [SMU]



Answered Questions

Sikkim Manipal University - [SMU]: 22 answered questions

Ques

What are the best student organizations or clubs to join at Sikkim Manipal University? Why should students join them?

● Top Answer By Aniket Ghose on 21 May 21

Ans
One of my friends is an alumnus of Sikkim Manipal University. He joined the Photography club as an overly enthusiastic fresher with a 2-megapixel camera and later on forgot all about it for the rest of 4 years of his course. Eventually, he joined several other clubs that made his time at the institute quite enjoyable.  Here’s the list of Clubs at Sikkim Manipal University. Technical Clubs: IAESTE - International Association for the Exchange of Students for Technical Experience ISTE - Indian Society for Technical Education IE - MECH IE Civil Systems Society of India (I&C) SAE India Collegiate Club (Society of Automotive Engineers) Akshay Urja Club Non-Technical Clubs: MAFIA - Music and Fine Arts Club Aaina Dramatics Astronomy Club AIESEC - facilitates non-technical internships and projects abroad Rotaract Club - Fundraisers, awareness campaigns, and charity drives Leo Club - Fundraisers, awareness campaigns, and charity drives Blitzkrieg and Showstoppers - Dance Burning Ice - Modelling and Fashion Photography Club Additionally, there are a number of new initiatives like Manipal University Technology Business Incubator (MUTBI), Formula Manipal, SolarMobil, Parikshit, MTTN, etc. It's equally advantageous to be a part of a working group in a couple of clubs. You should try to actively participate hinged on your desires and availability. Although it is not needed, it is beneficial to have a diverse set of experiences to highlight on your CV, especially during placements and applications to post-BTech programs.
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Ques

Is it worth to do a distance MBA from Sikkim Manipal University?

● Top Answer By Apoorva Kaushik on 20 Aug 22

Ans
A distance MBA from Sikkim Manipal University is worth the time and money invested. SMU distance MBA is UGC-DEB recognized and accepted in the industry. The institute offers placement help and guidance to students. According to recent highlights of Sikkim Manipal University placements, distance MBA has a placement average of 80%. Companies like IBM, Amazon, etc. recruit from the institute. 
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Ques

Can I expect to get into CSE in Sikkim Manipal University (Sikkim branch) with a rank of 19500?

● Top Answer By Jay Sinha on 13 Aug 22

Ans
SMIT cutoff for CSE stays around 19000. So, you will have a good chance of getting CSE. Even if you don’t get CSE, during the first round of counseling, you will have a good chance of getting admission during the waiting list counseling. Students applying for the Sikkim campus are less in number, so you have a good chance of getting admission. 
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Ques

How is Sikkim Manipal University in terms of campus, infrastructure, crowd, and faculty?

● Top Answer By Harsh Dev on 27 May 21

Ans
Sikkim Manipal University is a decent institute, with a diverse crowd, and some excellent placement records. The points below are a brief overview of all considerable aspects of Sikkim Manipal University. The campus is situated in a remote location. The internal infrastructure is moderate. But, students always head towards a successful career. Companies like TCS, which is a major recruiter of the institute, consider SMIT as a tier-1 institute. Even some NITs are not falling under the tier-1 category. Wells Fargo recruits students from only 4 colleges in India- BITS, RV College, VIT Vellore, and SMIT. This makes it evident that SMIT is popular among MNCs. Several alumni of SMIT are employees in top companies like Oracle, Google, Microsoft, etc.  Due to the corporate exposure and reputation established by Well Fargo, it is considered that students from SMIT are quite creative, opportunistic, and energetic in their service.  Categories SMIT Course Fee (approx.) 7.85 lakh Placement Percentage (overall) 95% Highest CTC (overall) 24 LPA Average CTC (overall) 5.43 LPA Recruiting Companies Microsoft, Shell, Daikin, Boston Scientific, etc. There may be several problems that you may face in SMIT through the course of 4 years, but in the end, everything comes into place. Therefore, students are left with no regrets, getting an immense set of opportunities from SMIT.
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Ques

Is Sikkim Manipal University good for a B.Tech?

● Top Answer By Jiya Banerjee on 28 Sept 21

Ans
No, the administration is not particularly the best at Sikkim Manipal University. I know a few people from the institute and here is what they had to say about the institute.  There is a huge locational disadvantage of the university, given the constant issues faced by students. Recently, they have installed an ATM machine. The mess of the institute is not in its best condition. It is run by local people. They do not especially get concerned about the complaints students usually submit. The quality of food is not good even though they take exorbitant amounts of money for the food. The administration doesn’t take the necessary steps to resolve the issues raised by students. According to one of my friends from the CSE department they were not allowed to take industrial training from other companies. The professors are not gonna invest much of their time in your project. However, your project may get rejected for silly mistakes. Recently, in terms of placement, TCS rejected SMIT, while Amazon only hired students as their interns. The placement scenario is not good.  This is everything that you should be aware of before enlisting at Sikkim Manipal University. 
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Ques

Can I immigrate to Canada if I have a degree from SMU Sikkim Manipal University?

● Top Answer By Vidisha Khanna on 01 Oct 21

Ans
Yes, you can migrate to Canada or any other country even if you have any degree from SMU. The sole criteria for this is not a degree and you must fulfill other eligibility as well.   The Comprehensive Ranking System for Canadian immigration is not based on whether you have a regular degree or a distance degree, given that the university must be recognized. SMU is duly recognized by UGC for ODL programs. You can easily apply to Canada. Go for the ECA process at ICAS as they evaluate the application process at SMU. The management authorities are very supportive and they will help you in getting the transcripts.
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Ques

Which is better Sikkim Manipal or Manipal University Jaipur?

● Top Answer By Daria Sen on 29 Sept 21

Ans
Both Sikkim Manipal and Manipal University Jaipur are very popular institutes and a lot of students across the country apply for admissions in these institutes. But among these two, choosing Manipal University Jaipur will be a better option especially if you're from North or Central India.  Manipal University Jaipur is located in the prime city. They have an excellent faculty, hard-working and cooperative. It has a very competitive environment, which encourages students to do better. The infrastructure is also good, with a study appropriate ambiance. The labs are well equipped and well maintained. Being located in the heart of the city, it enjoys industrial exposure. Many companies participate in their placement program, as it is a preferred location. Placements are sometimes good and sometimes average. Mostly depends on the batch and their overall academic performance. Categories Manipal University Jaipur Course Fee 3.58-11.86 lakh Highest CTC 12 LPA Average CTC 4 LPA Recruiting Companies Microsoft, Wipro, TCS, HP, etc. Hence, choosing Manipal University Jaipur will be a better option as the campus life offered is much better and there is no chaos or fights among the students like Sikkim Manipal. 
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Ques

Does a degree from Sikkim Manipal University have any value in the future?

● Top Answer By Sakshi Varma on 29 Sept 21

Ans
Manipal University which is based out in Karnataka is the parent organization of Sikkim Manipal University. Manipal University (MU) is well ahead of Sikkim Manipal University (SMU) in terms of placement quality, infrastructure, faculty, and other factors.  Many people, on the other hand, believe that Sikkim Manipal is the parent organization of Manipal University in Karnataka. Some people have never heard of the Manipal University of Karnataka, but thanks to aggressive marketing, everyone has heard of SMU. A degree from SMU is worth only half as much as a degree from Manipal University in Karnataka. However, I know some folks who attended SMU and are doing rather well, owing to their abilities rather than the college they chose. In general, SMU is not a great option for your studies. The remote learning or online MBA program, which is promoted and marketed significantly on television, is not nearly as beneficial as it appears. The quality of students who have pursued an MBA program is not up to par, as they lack a degree of confidence and intelligence. So, if you have other possibilities, I would advise you to not choose SMU as it would not prove to be a wise career choice for you.
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Ques

Which is better for an MBA, Lovely Professional University or Sikkim Manipal University?

● Top Answer By Mehr Sinha on 08 Oct 20

Ans
The MBA program at SMU is ranked amongst the top 10% of MBA programs in India, and the MBA program at LPU is ranked 40th in India by the Outlook 2020. SMU has a total of 25 MBA courses, and LPU has around 8. The total fee for SMU ranges between 1-4 lakhs with 60 seats in the general MBA course. The total fee for LPU ranges between 4-6 lakhs, with 360 seats for the general MBA and 20-30 seats in the other courses. Admission: SMU: Candidates need to sit for the university entrance examination and score 45% in the test. Scores from CAT/CMAT/GMAT/IGNOU/SNAP/XAT are also accepted. LPU: CAT/XAT/CMAT/GMAT/MAT scores are accepted. Candidates need 55% in their graduate-level program to be eligible for an MBA in LPU. Placements SMU: 90% of students get placed. A total of 378 students received over 400 job offers in 2020. The highest salary is 18 LPA, and the lowest is around 5 LPA. Some of the companies that came to recruit are Wells Fargo, Ixia, Think and Learn, Bosch, Amazon, IBM, and Dell. LPU: Around 90% of students get placed at LPU. The average salary ranges between 5 LPA-6 LPA, the highest is around 48 LPA, and the lowest is around 3 LPA. Companies like Amazon, Flipkart, TCS, Infosys, and Google come for recruitment. Infrastructure: SMU has a top-notch infrastructure with a hostel, Wi-Fi, library, and all the basic facilities. LPU also has a really good infrastructure with spacious classrooms, updated libraries, and numerous sports facilities. The course curriculums at both universities are upgraded regularly according to the industry demands. Students need to take into account their course of choice, mode of learning, and tuition fee for their course to make a decision.
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Ques

Which one is better: Manipal University or COEP?

● Top Answer By Sayan Banerjee on 21 Jul 22

Ans
COEP is better among these. It is one of the oldest and most well-reputed technological institutes in the country. COEP placements are excellent. The median CTC for the institute is around INR 5 LPA. During the recent placement, students received the highest CTC of around INR 7.1 LPA.  COEP fees are more affordable. The course fee for a B.Tech is around INR 1.62 Lakhs. So, the ROI is good. 
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