MAHE Manipal Ph.D Finance: Fees 2026, Course Duration, Dates, Eligibility

UDUPI, ManipalDeemed to be UniversityEstd 1953NAAC Grade A++ 3.6

MAHE Manipal Latest Updates and News

20 Jun, 2026 MAHE Manipal has also released Fee Structure 2026-27 for Ph.D Finance programs. The total academic fee is ₹ 97,000 .

Total fees
INR 97,000
4 years, no hostel
First year stipend
INR 3.3 LPA
Dr TMA Pai stipend, year 1
MET score
120
shortlist guide score, 2026
Scholarship
INR 27,500/mo
Dr TMA Pai, first year

About Manipal Academy of Higher Education Ph.D. Finance

MAHE offers a four-year, full-time Ph.D. Finance with Finance through PhD MET. The course is taught on campus over eight semesters, with labs from the first semester. The institute holds NAAC A++ and stands #3 in NIRF University ranking 2025 and #3 in NIRF engineering 2025. The full fee without hostel is INR 97,000, paid per semester, and INR 4.97 Lakhs with hostel and mess. You get a seat through MAHE counselling. The General MET route seat closed at score 120 in step 6 of 2025. The Class of 2025 averaged INR 3.3 LPA and 92% of the batch was placed.

MAHE Ph.D. Finance Fees

The full course costs INR 97,000 without hostel and INR 4.97 Lakhs with hostel. The program fee is INR 82,000 of that and thesis evaluation is INR 15,000. You pay the course fee in parts across the research period. Hostel and mess add INR 4 Lakhs over four years.

Fee headAmountHow it is charged
Program feeINR 63,000Per semester fee used for the audit total
First fee partINR 34,000One time
Thesis evaluation feeINR 15,000One time, at thesis submission
Hostel and messINR 4 LakhsINR 1 Lakh a year, 4 years
Total, no hostelINR 97,000Full course
Total with hostelINR 4.97 LakhsFull course

MAHE Ph.D. Finance Admission Dates

PhD application is estimated in Jan 2027 and PhD MET is estimated in Jan 2027. The 2027 dates below are estimates based on 2026. Keep the offer letter and the fee receipt ready for reporting.

EventDateStatus
PhD application, last date to applyJan 2027Tentative
PhD MET examJan 2027Tentative
PhD MET result and shortlistFeb 2027Tentative
MAHE choice fillingJun 2027Tentative
Interview result and offer letterJul 2027Tentative
Offer fee paymentJul 2027Tentative
Reporting and document checkAug 2027Tentative
Classes startAug 2027Tentative

MAHE Ph.D. Finance Eligibility

You need a master's degree with 60% marks. A four-year bachelor's degree with 75% marks also works for direct PhD entry. You write PhD MET unless you hold a valid national test score.

RequirementWhat you need
Qualifying degreeMaster's degree in a relevant area
Minimum marks60% in master's degree or 75% after a four-year bachelor's degree
ExamPhD MET score or a valid national test score
AgeNo upper age limit

MAHE Ph.D. Finance Admission Process

MAHE allots the seat on your score and your choices. You then pay the seat fee within five days. Most students who lose a seat miss that window.

StepWhat you do
1. Write PhD METWrite the one-hour research aptitude test
2. Fill preferences on MAHEScore the research topics shown in the portal
3. Accept the offerPay the fee within the date shown in the portal
4. ReportBring original mark sheets and the allotment letter

MAHE Ph.D. Finance Cutoff

The General seat closed at score 120 and the OBC-NCL seat at 4,300 in 2025. These are the MAHE step 6 scores for MET route topics. The General score has gone lower for three years, so it got tougher.

CategoryScore rangeStep and year
General1202026 cycle
OBC-NCL4,3002026 cycle
SC2,1002026 cycle
ST1,0002026 cycle
EWS1,9002026 cycle

MAHE Ph.D. Finance Placements

The Dr TMA Pai scholarship pays INR 27,500 a month at the start and INR 38,500 a month in the last year. The yearly value is INR 3.3 LPA first and INR 4.62 LPA later. Finance scholars usually move into teaching, research, analytics or corporate finance roles.

MetricValue
First year stipendINR 27,500 a month, first year
Later stipendINR 3.3 LPA
Final year stipendINR 4.62 LPA
Research routePhD
OutcomesTeaching, research, analytics and corporate finance

MAHE Ph.D. Finance Scholarships

Four schemes can cut the fee by INR 15,000 to INR 45,000 over the course. The Central Sector Scheme gives INR 15,000 and the EWS waiver gives INR 30,000. Keep income and category papers ready before you apply.

ScholarshipWho can get itAmount or waiver
Route post-matric scholarshipSC or ST, family income below INR 2.5 Lakhs a yearINR 20,000 over the course
Central Sector SchemeAny category, family income up to INR 8 Lakhs a year, top 20 percentile in Class 12INR 15,000 over the course
EWS tuition waiverEWS certificate, family income up to INR 8 Lakhs a yearINR 30,000 over the course
OBC post-matric scholarshipOBC-NCL, family income below INR 2.5 Lakhs a yearINR 20,000 over the course

MAHE Ph.D. Finance Ranking

The university stands #3 in NIRF University ranking and #14 overall, with NAAC A++. NIRF scores on data the institute files every year. The grade shows the wider university quality, not one Finance topic.

Ranking bodyYearScore or grade
NIRF University ranking2026#3
NIRF Overall2025#3
NAAC2024A+

MAHE Ph.D. Finance Research Structure

Year 1 covers course work, research methods and the protocol presentation. Years 2 and 3 hold field work, papers and thesis writing. The last part is thesis submission and evaluation.

YearWhat you study
Year 1Course work, research methods and protocol presentation
Year 2Data collection, finance models and research papers
Year 3Thesis writing and conference work
Year 4Thesis submission and viva work

MAHE Ph.D. Finance Hostel and Campus

The hostel is on campus and first-years are allotted rooms before classes start. The mess fee is part of the hostel fee.

ItemDetail
Hostel bookingAfter roll number generation, based on room availability
Room typeAs per Chief Warden rules
MessIncluded in the hostel fee, three meals a day
CampusUniversity town in Manipal, Karnataka

Should you pick Ph.D. Finance at Manipal Academy of Higher Education?

This course suits students who want finance research and can spend four years on reading, data and writing.

Pick it if:
You passed Class 12 in this route: MAHE has two PhD cycles, so a missed July intake can still be followed by January.
You want finance research, not a quick job: the domain sits under commerce, economics and management, so your work can stay close to finance topics.
Your family wants a low fee: the course fee is INR 97,000 before hostel, so the main cost is living in Manipal.
You want stipend support: the Dr TMA Pai scholarship starts at INR 27,500 a month if you get that track.
Skip it if:
You are counting only on MET: the interview and topic fit still decide the offer after the test.
You need a hostel before joining: hostel booking starts only after fee payment, document check and roll number generation.
You want a finance hub: Manipal is a university town, so most finance networking needs online work or travel.
You will decide after the interview: the MAHE choice window closes within days of it, so fill your choices before the result comes.
Counsellor's advice
Take this course if your guide topic matches your finance plan. If you need a job fast, choose a master's or MBA route instead.
Ph.D. Finance Eligibility▾
Minimum marks: 75% in Master's degree in a relevant area. 65% for SC, ST and PwD.
Direct PhD route: A four-year bachelor's degree needs 75% marks for direct entry.
Exam needed: PhD MET is needed unless a valid UGC NET, JRF, GATE or GPAT score applies.
Selection rule: The interview checks research fit, motivation and subject basics.
Ph.D. Finance Admission Process▾
Write PhD MET: The remote test has 60 questions and 240 marks.
Register on MAHE: MAHE (the central counselling body) allots every seat here.
Fill preferences: Pick the research domain and score the topics shown in the portal.
Pay the fee: Pay by the portal date or you lose the offer.
Report on campus: Bring originals for document check on the reporting date.

Ph.D. Finance Admission Dates 2027

▾

The 2027 calendar is not out yet. These dates are estimates based on 2026. A date marked Confirmed is official.

Tentative
Jan 2027
PhD MET registration
Expected to open in the same month as this year; the last date to apply is usually two weeks before the exam.
Tentative
Dec 2026
PhD MET exam
Expected in the same month as this year.
Tentative
Jan 2027
PhD MET result and shortlist
Expected about two weeks after the exam.
Tentative
Jun 2027
MAHE choice filling
Expected to stay open for about a week.
Tentative
Feb 2027
Interview result and offer letter
Six steps are expected again.
Tentative
Feb 2027
Offer fee payment
Expected five days after each step.
Tentative
Mar 2027
Reporting and document check
Expected soon after the last step.
Tentative
Mar 2027
Classes start
Expected in the first week after reporting.

Source: MAHE 2026 schedule and the institute admission notice. Confirm on the official site before you act.

Manipal Academy of Higher Education Ph.D. Finance Fees 2027

▾

This is the full 4-year cost, not one year. Turn on the toggle to add hostel and mess.

Program fee
Per semester × 8, INR 7,875 a semester
INR 63,000
First fee part
One time, in year 1
INR 34,000
Refundable deposit Refundable
One time, returned when you leave
INR 15,000
Add hostel + mess
Hostel and mess
Per year × 4, INR 1 Lakh a year
INR 4 Lakhs
Total course fee
INR 97,000
4 years · tuition + admission fee, hostel not added
Total course fee
INR 4.97 Lakhs
4 years · tuition + admission fee + hostel and mess
Education loan EMI
INR 1,635
7 yr · 10.5% per year
ROI
340%
first-year stipend INR 3.3 LPA vs the full fee
Education loan EMI
INR 8,380
7 yr · 10.5% per year
ROI
66%
first-year stipend INR 3.3 LPA vs the full fee

Source: institute fee notice 2026. Confirm on the official site before you act.

Will your MET score get you Ph.D. Finance at MAHE?

Pick your category and quota. The cutoff ranges are this course's published MAHE scores.

Category
Route
General · MET route
120 or better: yes, you are in. Keep this topic high on your preference list.
121 to 160: almost there. A strong interview can still help.
Worse than 160: not this year. Ask the PhD office about the next cycle.
General · NET or GATE route
84 or better: yes, you are in. Keep this topic high on your preference list.
85 to 112: almost there. A strong interview can still help.
Worse than 112: not this year. Ask the PhD office about the next cycle.
OBC-NCL · MET route
3,200 or better: yes, you are in. Keep this topic high on your preference list.
3,201 to 4,300: almost there. A strong interview can still help.
Worse than 4,300: not this year. Ask the PhD office about the next cycle.
OBC-NCL · NET or GATE route
2,240 or better: yes, you are in. Keep this topic high on your preference list.
2,241 to 3,010: almost there. A strong interview can still help.
Worse than 3,010: not this year. Ask the PhD office about the next cycle.
SC · MET route
1,500 or better: yes, you are in. Keep this topic high on your preference list.
1,501 to 2,100: almost there. A strong interview can still help.
Worse than 2,100: not this year. Ask the PhD office about the next cycle.
SC · NET or GATE route
1,050 or better: yes, you are in. Keep this topic high on your preference list.
1,051 to 1,470: almost there. A strong interview can still help.
Worse than 1,470: not this year. Ask the PhD office about the next cycle.
ST · MET route
700 or better: yes, you are in. Keep this topic high on your preference list.
701 to 1,000: almost there. A strong interview can still help.
Worse than 1,000: not this year. Ask the PhD office about the next cycle.
ST · NET or GATE route
489 or better: yes, you are in. Keep this topic high on your preference list.
490 to 700: almost there. A strong interview can still help.
Worse than 700: not this year. Ask the PhD office about the next cycle.
EWS · MET route
1,400 or better: yes, you are in. Keep this topic high on your preference list.
1,401 to 1,900: almost there. A strong interview can still help.
Worse than 1,900: not this year. Ask the PhD office about the next cycle.
EWS · NET or GATE route
979 or better: yes, you are in. Keep this topic high on your preference list.
980 to 1,330: almost there. A strong interview can still help.
Worse than 1,330: not this year. Ask the PhD office about the next cycle.
EDITOR'S NOTE

The score is only a guide. The department interview and guide topic decide the final offer.

Manipal Academy of Higher Education Ph.D. Finance Scholarship Calculator

Answer two questions to see what you can claim. Confirm the final amount with the college.

Category
Annual family income
Scholarships you missedYou do not qualify on your answers. Tap to see why.▾

Each chip below says which answer blocked the scheme.

Route post-matric scholarship
INR 20,000
Route social welfare department
Apply only if the scheme rules fit your category and income.
Who qualifies: SC or ST, family income below INR 2.5 Lakhs a yearApply by Oct 2026
Not eligible on your answers
Central Sector Scheme
INR 15,000
National Scholarship Portal
Apply only if the scheme rules fit your category and income.
Who qualifies: any category, family income up to INR 8 Lakhs a year, top 20 percentile in Class 12Apply by Oct 2026
Not eligible on your answers
EWS tuition waiver
INR 30,000
Manipal Academy of Higher Education
Apply only if the scheme rules fit your category and income.
Who qualifies: EWS certificate, family income up to INR 8 Lakhs a yearApply by Sep 2026
Not eligible on your answers
OBC post-matric scholarship
INR 20,000
Route backward classes welfare department
Apply only if the scheme rules fit your category and income.
Who qualifies: OBC-NCL, family income below INR 2.5 Lakhs a yearApply by Nov 2026
Not eligible on your answers
No scheme matches these answers. Ask the college about paying in parts and about education loans.
Estimated total waiver
INR 15,000
Your net course fee: INR 82,000
Estimated total waiver
INR 0
Your net course fee: INR 97,000
Estimated total waiver
INR 35,000
Your net course fee: INR 62,000
Estimated total waiver
INR 35,000
Your net course fee: INR 62,000
Estimated total waiver
INR 45,000
Your net course fee: INR 52,000

Manipal Academy of Higher Education Ph.D. Finance vs similar universities

Tap a college to see it next to Manipal Academy of Higher Education. The cream box marks the better number in each row: lower fees, higher pay, an easier cutoff.

Compare with
This page
Manipal Academy of Higher Education
Manipal
Compared with
Manipal University Jaipur
Jaipur
Compared with
Christ University
Bengaluru
Compared with
Amrita Vishwa Vidyapeetham
Coimbatore
Compared with
Jain University
Bengaluru
Compared with
SRMIST
Chennai
Total fees4 years, no hostel
INR 97,000
tuition + admission
INR 5.60 Lakhs
INR 4.63 Lakhs more
INR 6.90 Lakhs
INR 5.93 Lakhs more
INR 97,000
Same fee
INR 6.40 Lakhs
INR 5.43 Lakhs more
INR 5.85 Lakhs
INR 4.88 Lakhs more
First year stipendlatest batch
INR 3.3 LPA
Class of 2025
INR 9.5 LPA
INR 6.2 LPA more
INR 8.1 LPA
INR 4.8 LPA more
INR 7.4 LPA
INR 4.1 LPA more, Class of 2024
INR 8.2 LPA
INR 4.9 LPA more
INR 7.8 LPA
INR 4.5 LPA more
Placement rateshare of the batch placed
92%
Class of 2025
88%
4 points lower
95%
3 points higher
84%
8 points lower, Class of 2024
90%
2 points lower
89%
3 points lower
ScorePhD MET score, General
120
2026 cycle
9,400
9,280 places easier
15,800
15,680 places easier
18,900
18,780 places easier
13,900
13,780 places easier
16,600
16,480 places easier
Topicsthis domain
120
PhD MET
90
30 fewer
150
30 more
60
60 fewer
180
60 more
240
120 more
ROIaverage pay vs the full fee
340%
on INR 3.3 LPA
170%
170 points lower
117%
223 points lower
120%
220 points lower
128%
212 points lower
133%
207 points lower
In short
Jaipur costs less and pays more on average, but its score is about 3,000 places tougher. If your score clears both, take Jaipur; if it clears only MAHE, take this seat and do not wait for the spot step.
In short
Bengaluru places more of its batch but charges INR 75,000 more over four years and pays a little less. If its easier score is what you need, keep it one place below MAHE in your choice list as the safer seat.
In short
Amrita charges the same fee but pays about INR 1 LPA less on average and has half the topics. If MAHE gives you a seat in any step, take it; Harbour belongs below it in your list, not above it.
In short
Bengaluru costs a little more and pays about the same, but it has more topics and an easier score. If your score misses MAHE in the early steps, list Bengaluru right below it and take whichever comes first.
In short
SRMIST is the cheapest seat here and the easiest to get, but its average pay sits below this page's. If MAHE allots you a seat in any step, take it and keep Summit only as your backup.

Fees and pay can change. Check each college site before you decide.

FAQs on Manipal Academy of Higher Education Ph.D. Finance

Straight answers to what students ask before they decide.

Is Ph.D. Finance at this college worth the fee?▾
Yes, for most students who get placed. The full fee without hostel is INR 97,000 and the last batch averaged INR 3.3 LPA, so the fee comes back within the first working year. If a loan will pay the fee, read the EMI line in the fee block above before you decide.
Should I take this seat if my score is just above the score?▾
Not on last year's number alone. The General MET route seat closed at score 120 in step 6 and it got tougher three years in a row, so a score that just cleared last year may miss this year. Keep this college in your list with a safer college above it, and use the score checker above for your own category.
What job will I get after this course?▾
Most students get research and teaching roles with finance research teams and universities that hire on campus in the seventh semester. The Class of 2025 averaged INR 3.3 LPA, the median was INR 3.3 LPA and 92% of the batch was placed. If you want a corporate finance job instead, this domain is not the right pick.
Who should not take this course here?▾
Skip it if you need a single room from the first year, or if you want internships in a big city. First-years share three to a room and single rooms open only from year 3. The campus is in a small industrial town, so the placement cell brings most internships and few come on their own. If either of these matters more than the placement figures, pick a city college.
Is this course good for higher studies and research?▾
Yes, if you plan for it from year 2. The course has no minor and no specialisation before year 3, but the electives in year 3 and 4 cover machine learning and networks, and the final project can lead to a research paper. Talk to the department in year 2 about a project with a faculty member, because that is what a good master's application needs.
Should I wait a year and try for a better score?▾
Only if you can raise your score by a lot, not a little. The General score got tougher three years in a row, so a small gain may still miss the seat next year. If you already clear this year's cutoff, take the seat now and try a domain change after year 1 if you want a sibling domain.
Will I get placed if I am in the bottom half of the batch?▾
Most likely yes, but later and at a lower package. PhD of the last batch was placed, and the median of INR 3.3 LPA is lower than the average of INR 3.3 LPA because the last students take the smaller offers. Keep your CGPA above the cutoff the companies set, usually 7, and join the placement training the cell holds in year 3.
Is this domain better than Management PhD at this college for me?▾
Pick Finance if you want research on markets, banking or corporate finance. Choose a Management PhD if your topic is wider than finance. If the guide list does not show your finance topic, do not join only for the MAHE name.
How do I get admission to this course?▾
Take the PhD MET exam and fill this college in your MAHE choice list. A seat comes in the step your score clears, and you must accept it and pay the seat fee within the days MAHE gives. Then report with your papers on the date in the admission dates block above, or you lose the seat.
What is the full fee for the course?▾
The full 4-year fee is INR 97,000 without hostel. With hostel and mess it comes to INR 4.97 Lakhs. Both totals sit in the fee block above, and the toggle there shows what the hostel adds each year.
Can I pay the fee in parts?▾
Yes. You pay the tuition fee semester by semester, so the money is never due all at once. If you need smaller parts than that, write to the fee office before the semester starts; the request opens every August.
Do I get the fee back if I drop the seat?▾
It depends on when you leave. If you leave before the counselling body's exit date, most of the fee comes back. If you leave after it, the college keeps a part, so read the refund table in the fee block before you pay.

This page is AI assisted and human verified.

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Collegedunia Team

Content Curator | Updated on - Sep 29, 2026

MAHE Manipal: 2 Answered Questions

Where should I pursue my Computer Science course, Thapar University or Manipal University?

Krishna ShrivastavMBA from Manipal University (2018)

My brother did his MBA from Manipal University and it has been one of the best decisions of his life. While both are prime universities, Manipal holds an edge due to the following reasons.

  • You will get the best-in-class faculties, infrastructure, and facilities that you won’t be able to get at Thapar.
  • In recent QS ranking 2020, Manipal University secured 17th rank all over India and 200th all over Asia, making it one of the top-ranked private universities in India.
  • Manipal University has also ranked way above the famous BHU (IIT BHU) in the World QS ranking 2021. Manipal university ranked #751-800 whereas BHU, and Thapar belonged to the same bracket of #801-1000.

Here are the 2020 placement trends in brief at Manipal.

Average CTC

7.2 LPA

Highest CTC

22.38 LPA

Total no of offers made

781

Major recruiters

E&Y, ITC, Microsoft, Dell, etc.

Overall, Manipal University is one of the top private institutions making it a great choice to pursue a computer science course.

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Which course is better: CSE in Manipal University, Manipal or ECE in VIT Velllore?

Akanksha Gupta
Sarita GuptaStudied at Manipal Institute Of Technology (2017)

For B.Tech courses VIT has been ranked #15-300 in India for the year 2020 by NIRF rankings. In Tamil Nadu, the university was ranked #4th for courses in B.Tech. On the other hand, Manipal University was ranked #8-200 for top universities in India by NIRF rankings in the year 2020.

Admissions

  • Manipal University, Manipal:

    • Completed his/ her 10+2 grade or equivalent from a recognized board With Physics, Mathematics, and English as the compulsory subjects with 50% marks.

    • The candidate taking admission should also qualify the Manipal Entrance Test (MET)- 2020.

    • 3.35 Lakhs is the total fee for the CSE course in the 1st year.

  • VIT Vellore:

    • The candidate must have completed 10+2 with PCM or PCB as the subjects.

    • Minimum 60% marks should be obtained by the aspirant in 10+2.

    • The selections are done on the basis of counseling and marks obtained in the entrance texts i.e., VITEEE.

    • The total course fee for ECE in VIT is 1.98 Lakhs.

Placements

  • Manipal University, Manipal:

    • 6.2 Lakhs was the median salary offered to CSE students in the University.

    • Top recruiting companies in Manipal are Forbes Marshall, Mercedes Benz, Hyundai, Cipla, Hero Moto Corp, Maruti Suzuki, INFOYSIS, Intel, etc.

  • VIT Vellore:

    • 713+ companies visited the campus with a total of 705 dream offers.

    • The highest package offered was 41.60 LPA and 6.05 LPA was the average salary offered.

    • Microsoft, Philips, HP, TCS, Wipro, Intel, Bank of America, Infosys, Deloitte, and Bosch among many others are top recruiters of the University.

Campus

  • Manipal University, Manipal:

    • The campus is about 313 acres in the area.

    • Hospital facilities, sports facilities, and innovative centers are available for students, Wi-Fi facility is available everywhere across the campus, restaurants, libraries, hostel, labs, etc. are some of the facilities available on-campus.

  • VIT Vellore:

    • The campus size is about 250 acres.

    • Clubs, library, sports facilities, hostel, health services, transport facilities, pollution friendly management projects such as liquid waste management, solid waste management, solar power, wind power, etc. are some of the facilities and activities going on in the campus.

If the subject is not the priority then VIT is a lot ahead of Manipal as it provides excellent placements and living environment to the students. But it all depends on the choice and interests of the aspirant seeking admissions.

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