Component

Amount (INR)

Total Fees (2-year programme)

INR 95,000

Total Fees

INR 95,000

IMBA Akole MBA Banking Insurance Admission 2026

Event	Date
MAH-MBA-CET Registration Closed	February 25, 2026
MAH-MBA-CET Exam	April 06 to May 09, 2026
MAH-MBA-CET Result Declared	May 29, 2026
CAT 2026 Registration Closes	September 15, 2026
CAT 2026 Exam	November 29, 2026
CMAT Registration Closes	November 24, 2026 (Tentative)
CMAT Exam	January 24, 2027 (Tentative)
Class Commencement	October 2026 (Tentative)

MAH MBA CET CAP counselling rounds are conducted by State CET Cell, Maharashtra.

Direct admission through CAT/CMAT/MAT requires GD and PI at IMBA Akole.

The dates mentioned above are tentative and subject to change.

Eligibility Criteria

Bachelor’s degree in any discipline from a recognised university with at least 50% aggregate for General category candidates and 45% for reserved category candidates (Maharashtra norms).

Final-year undergraduate students may apply provisionally, subject to meeting the aggregate requirement at the time of admission.

Valid MAH MBA CET score is required for CAP counselling. CAT, CMAT, or MAT scores are accepted for direct admission through GD and PI.

Admission Process

Fill the CAP application form on the official DTE Maharashtra portal after result declaration.

Participate in centralised CAP counselling rounds and secure seat allotment at IMBA Akole.

For direct admission: submit application to IMBA Akole and attend GD and PI rounds.

Complete document verification and pay fees at the institute to confirm admission.

✓ Opt for this if

You need a low-cost SPPU-affiliated MBA under INR 1 lakh.
You are from Ahmednagar or surrounding rural Maharashtra districts.
You want to enter banking, insurance, or rural finance sectors locally.
You have a valid MAH MBA CET score and limited mobility for relocation.

✗ Skip if

You seek placement support with top national banking or BFSI recruiters.
You need an MBA from a well-known brand for metro city job market.
You are targeting roles requiring IIM or Tier-1 B-school credentials.
You prefer a Pune city campus with stronger industry networking access.

IMBA Akole MBA Banking Insurance Scholarships 2026

Scholarship	Amount	Eligibility
Maharashtra Post Matric Scholarship (SC/ST/OBC)	As per Maharashtra government norms	SC/ST/OBC/NT/SBC students domiciled in Maharashtra. Apply via mahadbt.maharashtra.gov.in
NSP PM-USP Yojana	Up to INR 82,000 per year	Family income below INR 4.5 LPA. Apply via National Scholarship Portal
SPPU Merit Scholarship	As per SPPU norms	High-merit students as per SPPU guidelines

Apply for Maharashtra government scholarships before the MahaDBT portal deadline.

NSP scholarships require annual renewal with updated income certificate.

IMBA Akole MBA Banking Insurance FAQs

Ques. What is the total fee for MBA Banking and Insurance at IMBA Akole?

Ans. The total fee for the 2-year MBA in Banking and Insurance at IMBA Akole is INR 95,000 for the entire programme. This covers the full course duration and is among the lowest fee structures for an SPPU-affiliated MBA. Students from economically weaker sections may additionally benefit from Maharashtra Post Matric and NSP scholarships to further reduce the net cost. The fee payment schedule and instalment options should be confirmed directly with the admissions office at the institute.

Ques. Which entrance exams are accepted for admission to MBA Banking and Insurance at IMBA Akole?

Ans. IMBA Akole accepts MAH MBA CET scores for admission through the DTE Maharashtra CAP counselling process. In addition, CAT, CMAT, and MAT scores are accepted for direct admission through the institute’s own GD and PI selection process. Candidates should check the official DTE Maharashtra portal for current CAP round schedules.

Ques. Is IMBA Akole affiliated to a recognised university and is the MBA programme AICTE approved?

Ans. Yes, IMBA Akole is affiliated to Savitribai Phule Pune University (SPPU), one of Maharashtra’s premier affiliating universities. The MBA programme is approved by AICTE. The degree awarded on completion is recognised across India for employment and higher education purposes. Students interested in further studies such as PhD programmes at SPPU or other universities can use this degree as a qualifying qualification.

Ques. What is the eligibility requirement for MBA Banking and Insurance at IMBA Akole?

Ans. Candidates must hold a Bachelor’s degree in any discipline from a recognised university with at least 50% aggregate marks for General category applicants. Reserved category candidates from Maharashtra are eligible with 45% aggregate. Final-year undergraduate students may also apply provisionally, subject to fulfilling the eligibility at the time of admission.

Ques. How does the MAH MBA CET CAP counselling work for admission to IMBA Akole?

Ans. The MAH MBA CET CAP counselling is a centralised process conducted by State CET Cell, Maharashtra. Candidates register on the DTE Maharashtra portal, fill college and course preferences, and are allotted seats based on merit and availability. IMBA Akole participates in this process. Candidates allotted a seat must report to the institute within the specified time with original documents and fee payment to confirm admission.