Content Curator | Updated on - Mar 30, 2026

The Master of Business Administration (MBA) with specialisation in Financial Management at Alva's Institute of Engineering and Technology (AIET), Moodubidri, is a 2-year full-time postgraduate programme affiliated to Visvesvaraya Technological University (VTU), Belagavi. The programme is designed to equip students with advanced knowledge in corporate finance, investment management, financial analysis, taxation, and strategic financial planning. With an approved intake of 60 seats and conducted in full-time on-campus mode at AIET's campus in Mijar, Moodubidri, Dakshina Kannada, Karnataka, the programme prepares graduates for leadership roles in banking, financial services, corporate finance, and consulting. Admission is through Karnataka PGCET, KMAT Karnataka, CAT, MAT, or CMAT scores. The MBA (Finance) specialisation is popular due to the strong demand for finance professionals in India's growing banking, fintech, and capital markets sectors.

Admissions for the 2026-28 batch are expected to open in April-May 2026 through Karnataka PGCET and KMAT Karnataka. Based on the 2025 schedule, Karnataka PGCET for MBA is typically conducted in August, with counselling and seat allotment following in September-October. KMAT Karnataka Session 1 (February 2026) results are already available, and Session 2 (June 2026) will be the primary exam for 2026-28 batch admissions. Candidates are advised to monitor the Karnataka Examinations Authority (KEA) portal (kea.kar.nic.in) for the 2026 counselling schedule.

Key Points:

AIET's MBA programme has consistently achieved 100% placements, with graduates placed in organisations such as EY, Grant Thornton, Alembic Pharmaceuticals, Federal Bank, Amazon, Deloitte, and Toyota Kirloskar Motor.
The Finance specialisation includes a unique certification programme in US Tax Laws and Practice (designed by Ernst and Young), providing students with a competitive edge in international tax consulting roles.
The department has a dedicated ICT training programme in Advanced Excel and Power BI in collaboration with Grant Thornton Bharat LLP, Bangalore, enhancing students' data analytics skills.
AIET's annual mega placement drive "Pragati" attracts over 300 companies, providing MBA students with extensive placement opportunities across consulting, banking, finance, and general management domains.
The programme offers dual specialisation options (Finance + Marketing, Finance + HR), allowing students to broaden their career prospects.

36 Views Last Year

Official Link:

Go To Website

Highlights
Fees
Admission
Scholarships
Placements
Cutoff
Ranking
FAQs

Alva's Institute of Engineering and Technology Mangalore Latest Updates and News

Key Updates1

Other Updates2

09 Apr, 2026 Karnataka PGCET 2026 registration has been extended till April 20, 2026, @cetonline.karnataka.gov.in.The Exam will be held on May 23, for M.Tech/M.Arch and May 24, for MBA/MCA. Read more.

AIET MBA (Financial Management) Fees

The MBA (Financial Management) programme at AIET is one of the most affordable MBA programmes in Karnataka, with a total tuition fee of approximately Rs. 2.1 lakhs for the 2-year programme. The fee structure is regulated by the Karnataka government's fee fixation committee for VTU-affiliated institutions. Additional charges include examination fees payable to VTU and other institutional charges.

Fee Structure

Fee Component	Per Year (Rs.)	Total for 2 Years (Rs.)
Tuition Fee	85,000	1,70,000
Other Institutional Charges (Development, Library, etc.)	20,000	40,000
VTU Registration and Examination Fees	~5,000	~10,000
Total Fees	~1,10,000	~2,20,000

The fee structure is subject to revision as per the Karnataka government's fee fixation committee for VTU-affiliated private institutions.
VTU examination and registration fees are paid directly to VTU, Belagavi.
Hostel facilities are available on campus; hostel fees are charged separately and are optional.
Students admitted through management quota may be charged a higher fee as per AICTE and state government norms.
No EMI option is explicitly mentioned; fees are typically payable semester-wise.

AIET MBA (Financial Management) Admission 2026

Admission to the MBA (Financial Management) programme at AIET is conducted through Karnataka PGCET (Post Graduate Common Entrance Test) and KMAT Karnataka, managed by the Karnataka Examinations Authority (KEA). Students can also apply through national-level exams such as CAT, MAT, or CMAT. The counselling process is centralised through KEA for government quota seats (85%), while 15% of seats are filled through management quota by the institute directly.

AIET MBA Admission Dates

Event	Tentative Date (2026)
Karnataka PGCET MBA Registration Opens	April 26, 2026 (Tentative)
Karnataka PGCET MBA Registration Closes	May 15, 2026 (Tentative)
Karnataka PGCET MBA Exam	June 24, 2026 (Tentative)
Karnataka PGCET MBA Result	August 8, 2026 (Tentative)
KEA MBA Counselling Registration	August - September 2026 (Tentative)
Document Verification	September 2026 (Tentative)
Seat Allotment Round 1	September 2026 (Tentative)
Reporting to AIET	September - October 2026 (Tentative)
Batch Commencement	October / November 2026 (Tentative)

Exam Dates for MBA Admission

Exam	Event	Date
KMAT Karnataka Session 1	Registration Start	December 12, 2025
KMAT Karnataka Session 1	Registration End	February 5, 2026
KMAT Karnataka Session 1	Exam Date	February 22, 2026
KMAT Karnataka Session 1	Result	February 28, 2026 (Tentative)
KMAT Karnataka Session 2	Registration Start	April 1, 2026 (Tentative)
KMAT Karnataka Session 2	Registration End	June 1, 2026 (Tentative)
KMAT Karnataka Session 2	Exam Date	June 18, 2026 (Tentative)
Karnataka PGCET MBA	Registration Start	April 26, 2026 (Tentative)
Karnataka PGCET MBA	Registration End	May 15, 2026 (Tentative)
Karnataka PGCET MBA	Exam Date	June 24, 2026 (Tentative)
Karnataka PGCET MBA	Result	August 8, 2026 (Tentative)

Note: CAT, MAT, and CMAT scores are also accepted for management quota admissions at AIET. Students with valid scores from any of these exams can apply directly to the institute for management quota seats.

The dates mentioned above are tentative and subject to change.

Eligibility Criteria:

Passed Bachelor's degree (any discipline) from a recognised university with a minimum of 50% aggregate marks (45% for SC/ST/OBC candidates).
Candidates appearing in the final year of their bachelor's degree are also eligible to apply provisionally.
Must have a valid score in Karnataka PGCET, KMAT Karnataka, CAT, MAT, or CMAT.

Admission Process:

Register and appear for Karnataka PGCET or KMAT Karnataka (Session 1 or Session 2).
Register on the KEA portal (kea.kar.nic.in) for MBA counselling after results are declared.
Upload required documents including bachelor's degree marksheets, PGCET/KMAT scorecard, category certificate (if applicable), and domicile certificate.
Participate in KEA's centralised counselling, fill college and course preferences, and lock choices.
Receive seat allotment and report to AIET within the stipulated dates with original documents.
For management quota: Apply directly to AIET with valid entrance exam scores and complete the institute's admission process.

AIET MBA (Financial Management) Scholarships 2026

Students admitted to the MBA (Financial Management) programme at AIET can avail scholarships from the Government of Karnataka and the central government. The Karnataka government's post-matric scholarship scheme is the primary financial support for SC/ST/OBC and minority students. AICTE's Pragati and Saksham scholarships are also available for eligible students. The institute also provides merit-based fee concessions for academically outstanding students.

Available Scholarships

Scholarship Name	Eligibility	Amount / Benefit
Karnataka Post-Matric Scholarship (SC/ST/OBC/Minority)	SC/ST/OBC/Minority students with family income below prescribed limit	Tuition fee reimbursement + maintenance allowance as per Karnataka government norms
AICTE Pragati Scholarship	Female students in technical/management education, family income below Rs. 8 lakh/year	Rs. 50,000 per year (up to 2 years)
AICTE Saksham Scholarship	Differently-abled students in technical/management education	Rs. 50,000 per year (up to 2 years)
AICTE Swanath Scholarship	Orphans / children of armed forces / central paramilitary forces	Rs. 50,000 per year
Institute Merit Scholarship	Students with outstanding academic performance	Partial tuition fee waiver (as per institute policy)

Karnataka Post-Matric Scholarship applications are submitted through the Karnataka Scholarship Portal (scholarships.karnataka.gov.in) typically in July-October each year.
AICTE scholarships are applied through the National Scholarship Portal (scholarships.gov.in).
Students must maintain satisfactory academic performance to continue receiving scholarships.
Minority students (Muslim, Christian, Jain, Buddhist, Sikh, Parsi) can apply for the Karnataka Minority Scholarship through the Karnataka Minority Welfare Department.

AIET MBA (Financial Management) Placement 2026

Placement Highlights

Key Placement Metric	Details
Placement Rate	100% placements consistently achieved
Recruiters	EY, Grant Thornton, Alembic Pharmaceuticals, Federal Bank, Amazon, Deloitte, Toyota Kirloskar Motor
Placement Drive	Annual mega placement drive "Pragati" attracts over 300 companies
Roles for Finance Graduates	Tax Analyst (Grant Thornton), Executive HR (Alembic Pharmaceuticals), positions in Federal Bank, EY, other financial services firms
Domains	Consulting, banking, finance, general management

Alva's Institute of Engineering and Technology Mangalore MBA Financial Management Ranking

TOI Ranking

#138 out of 150 in India 2022

Do you think the Rankings are wrong ? Report Here

AIET MBA (Financial Management) FAQs

Ques. What specialisations are available in the MBA programme at AIET, and can I choose Finance as a dual specialisation?

Ans. AIET's MBA programme offers core specialisations in Finance, Marketing, and Human Resource Management. Dual specialisation options are also available: Finance + Marketing, Finance + HR, and HR + Marketing. Choosing Finance as a dual specialisation (e.g., Finance + Marketing) allows you to broaden your career options across both financial analysis and marketing management roles.

Ques. Is the MBA (Finance) at AIET recognised by VTU, and what is the value of the degree in the job market?

Ans. Yes, the MBA at AIET is fully affiliated to Visvesvaraya Technological University (VTU), Belagavi, which is one of the largest technical universities in India. The VTU MBA degree is widely recognised by employers across Karnataka and India. AIET's MBA graduates have been placed in organisations such as EY, Grant Thornton, Deloitte, Federal Bank, and Amazon, reflecting the strong market value of the degree.

Ques. Does AIET's MBA Finance programme offer any industry certifications or specialised training?

Ans. Yes. AIET's MBA Finance students undergo a unique certification programme in US Tax Laws and Practice, designed by Ernst and Young (EY), which covers individual tax, partnership tax, and corporate tax modules. Students who excel in this training have employment opportunities with EY and other leading tax consulting firms. Additionally, the department conducts Advanced Excel and Power BI workshops in collaboration with Grant Thornton Bharat LLP.

Ques. What is the placement record for MBA Finance students at AIET?

Ans. AIET's MBA department has consistently achieved 100% placements. Finance specialisation graduates have been placed in roles such as Tax Analyst (Grant Thornton), Executive HR (Alembic Pharmaceuticals), and positions in Federal Bank, EY, and other financial services firms. The annual Pragati mega placement drive attracts over 300 companies, providing extensive opportunities for MBA Finance students.

Ques. Can I apply for the MBA at AIET through CAT or MAT scores, or is Karnataka PGCET mandatory?

Ans. Karnataka PGCET is the primary exam for government quota seats (85% of total seats) at AIET. However, for management quota seats (15%), AIET accepts scores from CAT, MAT, CMAT, and KMAT Karnataka. Students without a PGCET score can apply directly to AIET for management quota admission with valid CAT/MAT/CMAT scores.

Ques. What is the campus life like for MBA students at AIET, and is hostel accommodation available?

Ans. AIET's campus is located in the scenic Mijar, Moodubidri area of Dakshina Kannada, Karnataka. MBA students participate in the annual management fest AGRIMANTHAN, industrial visits to hubs like Pune, Belagavi, and Chennai, and regular guest lectures from industry experts. The campus is Wi-Fi enabled with 1000 Mbps connectivity. Hostel accommodation is available for both boys and girls on campus. Students also benefit from the annual Pragati mega placement drive and a 10-day Boot Camp for incoming students covering soft skills, fitness, and leadership training.