Content Curator | Updated on - Mar 30, 2026

Khallikote Unitary University (KUU), Berhampur, Odisha, offers the Master of Finance and Control (MFC), now also referred to as Master of Financial Analysis (MFA), a two-year full-time postgraduate programme in finance and management. Launched in 2007-08, this pioneering self-financing programme comprises 22 papers in finance out of 32 total papers, equipping students with advanced skills in financial planning, decision-making, investment management, and corporate finance. The total fee for the programme is Rs. 52,912 for the entire two-year duration, and the approved seat intake is 48 students. The course is popular among commerce and management graduates seeking specialised careers in banking, insurance, capital markets, and financial advisory services.

Admissions for the 2026-27 academic session are expected to open in June-July 2026. The MFC is a self-financing programme and admission is through a university-level entrance examination. Candidates are advised to regularly check the official KUU website (kuu.ac.in) for the latest admission notification and schedule.

Key Points

Pioneering finance-specialised PG programme launched in 2007-08 at KUU
22 out of 32 papers are exclusively in finance, offering deep specialisation
Self-financing programme with an approved intake of 48 students
Covers niche areas like Forex Management, Financial Derivatives, Commodity Markets, and Venture Capital
Admission through university-level entrance examination
Strong career scope in investment banking, portfolio management, core banking, and insurance

Official Link:

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Highlights
Fees
Admission
Scholarships
FAQs

KUU MFC Fees

The MFC at Khallikote Unitary University is a self-financing programme with a total fee of Rs. 52,912 for the entire two-year (four-semester) duration. The fee covers tuition and other academic charges. Hostel accommodation is available separately at Rs. 3,300 per year (optional). The fee is among the most affordable for a specialised finance PG programme in Odisha.

Fee Components

Fee Component	Amount (INR)
Tuition Fee	50,000 (approx.)
Other Charges	2,912 (approx.)
Total Fees	52,912

Hostel fee of Rs. 3,300 per year is optional and not included in the total course fee above.
Fees are refundable as per university norms.
No specific EMI or instalment facility is mentioned; fees are generally paid semester-wise at the time of admission.
SC/ST and Girl students may be eligible for fee concessions as per Odisha government norms.

KUU MFC Admission 2026-27

The MFC programme at KUU is a self-financing course and admission is conducted through a university-level entrance examination. The university typically opens applications in June-July each year, with the batch commencing in August-September. For the 2026-27 session, the admission process is expected to follow a similar timeline. Candidates must apply through the official KUU website (kuu.ac.in) when the notification is released.

KUU MFC Admission Dates

Event	Date (Tentative)
Application Form Availability	June 2026
Last Date to Apply	July 2026
Entrance Examination	July-August 2026
Merit List / Shortlist Announcement	August 2026
Admission / Batch Commencement	August-September 2026

CPET Entrance Exam Dates

Note: MFC admission at KUU is through a university-level entrance test. CPET is the state-level PG entrance test for Odisha universities; however, MFC being a self-financing programme may have its own entrance process. Candidates should verify with KUU directly.

Event	Date
CPET 2026 Registration Start	February 27, 2026
CPET 2026 Registration End	March 15, 2026
CPET 2026 Admit Card Release	April 23, 2026
CPET 2026 Exam Dates	April 27 - May 10, 2026
CPET 2026 Result (Tentative)	July 1, 2026

The dates mentioned above are tentative and subject to change.

Eligibility Criteria

Candidates must hold a Bachelor's degree (+3 or equivalent) in any stream from a recognised university with a minimum of 50% marks (45% for SC/ST candidates).
Candidates appearing in the final year of their graduation may also apply provisionally.
Admission is subject to performance in the university-level entrance examination.

Admission Process

Visit the official KUU website (kuu.ac.in) and check for the MFC admission notification.
Fill and submit the application form online/offline along with required documents (graduation marksheets, category certificate if applicable, ID proof) within the stipulated deadline.
Appear for the university-level entrance examination conducted by the Department of MFA/MFC, KUU.
Final merit list is prepared based on entrance examination performance.
Selected candidates complete the admission formalities and pay the fee at the university.

KUU MFC Scholarships 2026-27

Students enrolled in the MFC programme at KUU can avail a range of government scholarships. The Odisha state government and the central government offer multiple scholarship schemes for eligible students. Students are encouraged to apply through the respective portals within the stipulated deadlines.

Available Scholarships

Scholarship	Eligibility	Amount
NSP (PM-USP) Yojana	80% in Class 12, AICTE/UGC-recognised UG/PG course, parental income up to Rs. 4.5 Lakhs	Up to Rs. 82,000 per annum
National Scholarship for PG Studies (UGC)	First-time PG students under 30 years in UGC-recognised full-time programmes	Rs. 10,000 per year or Rs. 15,000 per month
Nua-O Scholarship (Odisha Govt.)	UG/PG students in Odisha government colleges/universities	Rs. 10,000 - Rs. 11,000 per year
Post-Matric Scholarship (Odisha Govt.)	SC/ST/OBC/SEBC students enrolled in recognised institutions	Varies by category
Phakir Mohan Medha Bruti (KUU)	Merit-based, for students of KUU	As per university norms

NSP and UGC scholarships require online application through the National Scholarship Portal (scholarships.gov.in).
Nua-O and Post-Matric scholarships are applied through the Odisha State Scholarship Portal (statescholarship.co.in).
Deadlines for scholarship applications are typically between July and October each year.
Students must maintain a minimum attendance of 75% and required academic performance to retain scholarships.

KUU MFC FAQs

Ques. What is the difference between MFC and MFA at Khallikote Unitary University?

Ans. The Master of Finance and Control (MFC) was the original name of the programme when it was launched in 2007-08. It has since been renamed to Master of Financial Analysis (MFA) at KUU. Both refer to the same two-year postgraduate programme in finance offered by the Department of MFA at KUU. The course content and structure remain the same, with a strong focus on financial management, investment, and corporate finance.

Ques. Is the MFC/MFA at KUU a self-financing programme? What does that mean for students?

Ans. Yes, MFC/MFA at KUU is a self-financing programme. This means the fees are higher than regular government-funded courses, and admission is through a university-level entrance examination rather than the SAMS/CPET process. However, the fees (Rs. 52,912 for two years) are still very affordable compared to private institutions offering similar programmes.

Ques. What are the career opportunities after completing MFC/MFA from KUU?

Ans. Graduates of MFC/MFA from KUU can pursue careers in investment banking, portfolio management, risk analysis, core banking, insurance, commodity markets, forex advisory services, corporate finance, and financial counselling. The programme's specialised finance curriculum makes graduates well-suited for roles in financial institutions, NBFCs, and corporate finance departments.

Ques. What is the seat intake for MFC at KUU, and how competitive is the admission?

Ans. The approved seat intake for MFC at KUU is 48 students. Admission is through a university-level entrance examination. Given the limited seats and the programme's reputation as one of the few specialised finance PG courses in the Berhampur region, competition can be moderate to high.

Ques. Does the MFC programme at KUU cover topics like derivatives and forex management?

Ans. Yes, the MFC/MFA curriculum at KUU includes specialised papers on Financial Derivatives, Forex Management, Foreign Exchange Management, Security Analysis and Portfolio Management, Commodity Markets, and Management of Financial Institutions, among others. This makes it one of the most comprehensive finance PG programmes in Odisha.

Ques. Can a student from a non-commerce background (e.g., Science or Arts) apply for MFC at KUU?

Ans. Yes, the eligibility for MFC at KUU requires a Bachelor's degree (+3 or equivalent) in any stream with a minimum of 50% marks (45% for SC/ST). Students from Science, Arts, or any other stream are eligible to apply, provided they meet the minimum percentage requirement. However, a background in commerce or mathematics may be advantageous given the quantitative nature of the programme.