Content Curator | Updated on - Mar 31, 2026

The Master of Science in Financial Economics at Manipal Academy of Higher Education (MAHE) is a niche two-year full-time postgraduate program designed to bridge the gap between economic theory and practical aspects of finance. This program addresses the phenomenal growth and dramatic changes in the global financial sector, which has led to increased demand for financial practitioners with specialized knowledge. The program combines economics, finance, statistics, and mathematics, imparting rigorous training in financial economics through interactive classes, case studies, group discussions, seminars, and guest talks by industry experts. The curriculum is designed in close consultation with stakeholders including students, alumni, and subject and industry experts, ensuring relevance to current market demands. The program is highly popular among students seeking careers in finance, investment banking, financial analysis, and economic research. The course is offered in full-time on-campus mode at MAHE Manipal, requiring regular attendance and active participation in classes, projects, and practical training.

Admission Status: Admissions for 2026 are currently open. The last date to apply is March 31, 2026. Orientation is scheduled for July 31, 2026 (tentative), with classes commencing on August 03, 2026 (tentative). The last date for withdrawal without reporting to campus is July 16, 2026 (tentative).

KEY POINTS

Coverage of basic prerequisites through lectures and training to familiarize students with key concepts and techniques in financial economics
Focus on skills demanded by financial institutions and consulting firms
Core courses in asset pricing, corporate finance, financial econometrics, research methods, and ethics in finance
Training in software applications including SPSS, R, and other financial analysis tools
Open elective courses allowing development of individual skills and specializations in finance

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17 Apr, 2026 MET 2026 Phase 1 Result out for UG/PG admissions at MAHE Manipal. Check your scores @manipal.edu. Phase 2 registration is open till Apr 26. Exam on May 23 & 24, 2026. Read more.

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MAHE M.Sc Financial Economics Fees

The M.Sc Financial Economics program at MAHE Manipal follows a semester-based fee structure with two annual installments. The total program fee for the two-year course is 430,000 Indian Rupees. The first installment covers tuition fees of 131,000 and other charges of 79,000, totaling 210,000 per year. A refundable caution deposit of 10,000 is required at the time of admission.

Fee Structure

Fee Component	Amount (INR)
Tuition Fee (Per Installment)	131,000
Other Charges (Per Installment)	79,000
Annual Total (Per Installment)	210,000
Total Program Fee (2 Years)	430,000
Caution Deposit (Refundable)	10,000

The caution deposit is refundable upon completion of the program.
The fees mentioned are for the 2026-27 batch and are subject to change.
Payment can be made in two annual installments as per the schedule provided by the university.
EMI options and education loans are available through various banks including Axis Bank, Bank of Baroda, Canara Bank, ICICI Bank, and State Bank of India.

MAHE M.Sc Financial Economics Admission 2026

Important Dates

Event	Date
Application Registration Start	December 2025 - January 2026
Last Date to Apply	March 31, 2026
Orientation Date	July 31, 2026 (Tentative)
Class Commencement Date	August 03, 2026 (Tentative)
Last Date for Withdrawal without Reporting	July 16, 2026 (Tentative)

The dates mentioned above are tentative and subject to change.

Eligibility Criteria

Bachelor's or Master's degree in Management, Commerce, Economics, Mathematics, or Social Science with minimum 50% aggregate marks from a recognized university
Science graduates with Statistics as one of the subjects are also eligible
Any equivalent qualification from a recognized university meeting the minimum eligibility standards

Admission Process

Submit online application through https://apply.manipal.edu/ with Statement of Purpose (SOP)
Participate in personal interview (PI) conducted by the admissions committee
Merit list prepared based on SOP and PI performance
Receive provisional admission notice if shortlisted
Complete admission formalities and submit required documents

MAHE M.Sc Financial Economics Scholarships 2026

MAHE Manipal offers merit-based scholarships for postgraduate students across various categories. The university provides financial support through multiple scholarship schemes designed to recognize academic excellence and support deserving students. Additionally, students can access education loans through various banks and government scholarship portals.

Scholarship Details

Scholarship Type	Details
Merit Scholarship for All Other PG Programs	Available based on academic merit and entrance exam performance
AICTE Tuition Fee Waiver (TFW)	Eligible students can apply for AICTE-sponsored fee waivers
AICTE PG Scholarships	Available for postgraduate students meeting AICTE criteria
Manipai Foundation Scholarships	Need-based and merit-based scholarships offered by Manipal Foundation
Education Loans	Available through Axis Bank, Bank of Baroda, Canara Bank, ICICI Bank, and SBI

Scholarship eligibility is determined based on academic performance, entrance exam scores, and financial need.
Students must apply through the official MAHE portal or respective scholarship provider websites.
The National Scholarship Portal (NSP) and State Scholarship Portal (SSP) Karnataka also offer various government scholarships.
For detailed information, visit https://www.manipal.edu/mu/admission/indian-students/scholarship.html or contact the admissions office.

MAHE M.Sc Financial Economics Placement 2026

The M.Sc Financial Economics program at MAHE Manipal has strong industry connections and placement support through the Department of Commerce. Graduates are equipped with analytical skills and specialized knowledge in financial economics, making them highly sought after by financial institutions, consulting firms, and corporate organizations. The program prepares students for wide-ranging career opportunities in finance, investment banking, financial analysis, and economic research.

Placement Details

Placement Metric	Details
Average Salary (Financial Economics Sector)	INR 8,50,000 - INR 12,50,000 per annum
Career Opportunities	Financial Analyst, Investment Banker, Economist, Risk Manager, Portfolio Manager
Recruiting Companies	Infosys, Tata Consultancy Services, Financial Institutions, Consulting Firms, Corporate Organizations
Internship Opportunities	Available through industry partnerships during the program
Skill Development	Financial Analysis, Economic Modeling, Risk Assessment, Investment Analysis

MAHE Manipal M.Sc Financial Economics Ranking

Indiatoday Ranking

#40 out of 178 in India 2021

#6th in Karnataka

Outlook Ranking

#39 out of 105 in India 2021

#5th in Karnataka

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MAHE M.Sc Financial Economics FAQs

Ques. What is the difference between M.Sc Financial Economics and M.Sc Business Analytics at MAHE?

Ans. M.Sc Financial Economics focuses specifically on the intersection of economic theory and finance, with emphasis on asset pricing, corporate finance, and financial econometrics. M.Sc Business Analytics focuses on applying analytics techniques to business problems across various functions. Financial Economics is more specialized in finance and economics, while Business Analytics has a broader business application scope.

Ques. Is mathematics background essential for M.Sc Financial Economics?

Ans. While a strong mathematics background is beneficial, it is not strictly essential. The program covers basic prerequisites through lectures and training to familiarize students with key concepts and techniques. If you have a commerce or economics background with some mathematical knowledge, you can still succeed in the program. However, comfort with quantitative analysis is important.

Ques. What software and tools are taught in the M.Sc Financial Economics program?

Ans. The program provides training in software applications including SPSS, R, and other financial analysis tools. These tools are used for financial modeling, data analysis, and economic research. Students gain practical experience in using industry-standard software, which enhances their employability in financial institutions and consulting firms.

Ques. What are the career prospects after completing M.Sc Financial Economics from MAHE?

Ans. Graduates can pursue careers as Financial Analysts, Investment Bankers, Economists, Risk Managers, and Portfolio Managers in financial institutions, consulting firms, and corporate organizations. The average salary for financial economics professionals ranges from INR 8,50,000 to INR 12,50,000 per annum, depending on experience and specialization.

Ques. Does the program include internship opportunities?

Ans. Yes, the program includes internship opportunities through industry partnerships. Students gain practical experience working on real financial problems and economic research projects with leading financial institutions and consulting firms. These internships provide valuable hands-on experience and often lead to full-time placement opportunities.

Ques. Can I pursue M.Sc Financial Economics if my bachelor's degree is in Science with Statistics?

Ans. Yes, you can apply if you have a Science degree with Statistics as one of the subjects and minimum 50% aggregate marks. The program welcomes candidates from diverse educational backgrounds including science, commerce, economics, and management disciplines, provided they meet the eligibility criteria and have interest in finance and economics.