The Master in Management Studies [MMS] (Financial Technology) at Garware Institute of Career Education and Development [GICED], Mumbai is a 2-year full-time postgraduate programme affiliated to the University of Mumbai. The programme trains graduates in financial technology applications, digital payments, blockchain for finance, algorithmic trading, InsurTech, RegTech, AI in banking, cybersecurity for financial systems, and fintech product management. Intake is 60 seats and the total course fee is INR 6,81,000. Mumbai’s thriving fintech ecosystem, with RBI’s regulatory sandbox, India’s leading banks, and NBFC sector, positions GICED MMS FinTech graduates for roles at the intersection of finance and technology.
GICED Mumbai MMS admissions for 2026-27 are expected to open in June 2026. Candidates must apply online through the GICED admission portal and appear for the institute selection test and personal interview. Seats are limited to 60; early application is advised.
Key Points
- 2-year full-time MMS (Financial Technology) affiliated to the University of Mumbai at GICED, Santacruz (East), Mumbai.
- Intake of 60 seats; admission through GICED written test and personal interview.
- Total course fee: INR 6,81,000. Fee includes a one-time Admission Fee of INR 78,000 at enrolment and three semester instalments of INR 2,01,000 each.
- GICED is NAAC re-accredited with A++ Grade and is a joint venture of the Garware Foundation and the University of Mumbai.
GICED Mumbai MMS (Financial Technology) Fees
MMS (Financial Technology) Fee Structure
| Component | Amount (INR) |
| Admission Fee | INR 78,000 |
| Semester I Fee | INR 2,01,000 |
| Semester II Fee | INR 2,01,000 |
| Semester III Fee | INR 2,01,000 |
| Total Fees (2 Years) | INR 6,81,000 |
- Fee figures are as published on the official GICED website (gicededu.co.in) for the current admission cycle. Fee includes a one-time Admission Fee of INR 78,000 at enrolment and three semester instalments of INR 2,01,000 each.
- Hostel facility is not part of the course fee. Hostel charges, if availed, are separate and payable directly to the accommodation provider.
- Students belonging to SC/ST/OBC (Non-Creamy Layer)/EBC/EWS/NT/SBC/VJ categories may be eligible for Government of Maharashtra scholarship and fee concession through the MahaDBT portal.
GICED Mumbai MMS (Financial Technology) Admission 2026
Important Dates
| Event | Date |
| GICED Application Portal Opens | June 2026 (Tentative) |
| Last Date to Apply | July 2026 (Tentative) |
| Written Test and Interview | July to August 2026 (Tentative) |
| Admission and Fee Payment | August 2026 (Tentative) |
| Classes Commence | August 2026 (Tentative) |
Entrance Exam Dates
| Exam | Registration End | Exam Date | Result |
| MAH-MBA-CET 2026 | February 25, 2026 | April 6-8, 2026 and May 9, 2026 | May 29, 2026 (Tentative) |
- GICED conducts its own written test and personal interview for MMS admissions. Candidates with a valid MAH-MBA-CET 2026 score may also be considered during the selection process.
- Online application is submitted through the GICED registration portal. Candidates must upload graduation marksheets, photo ID proof, and passport-size photograph at the time of registration.
- Management quota seats are filled by the institute after the completion of the open merit selection process.
The dates mentioned above are tentative and subject to change.
Eligibility Criteria
- Graduate with minimum 50 percent marks from a recognized university. Candidates with backgrounds in engineering, MCA, BCA, mathematics, economics, or banking are given preference.
- Minimum 50 percent aggregate marks in the qualifying bachelor’s degree from a UGC-recognized university. Relaxation of 5 percent for reserved category candidates as per University of Mumbai norms.
- Candidates appearing in their final year of graduation are also eligible to apply, subject to submission of the final result before the commencement of the programme.
Admission Process
- Visit the GICED website (gicededu.co.in) or the online registration portal; fill and submit the application form for MMS.
- Pay the application fee online and upload required documents: graduation marksheets, photo ID, and passport-size photograph.
- Appear for the GICED written test (objective and descriptive); shortlisted candidates are called for a personal interview.
- Final merit list is prepared based on performance in the written test, personal interview, and academic record.
- Selected candidates receive an admission offer letter; pay the first instalment fee to confirm admission as per the GICED fee schedule.
- Report to GICED, Santacruz (East), Mumbai with original documents for verification and enrolment.
GICED Mumbai MMS (Financial Technology) Scholarships 2026
MMS (Financial Technology) Scholarships Available
| Scholarship | Amount | Eligibility |
| Government of Maharashtra (SC/ST/VJ/NT/SBC) Post-Matric Scholarship | Full tuition fee reimbursement + maintenance allowance | SC/ST/VJ/NT/SBC category students admitted to UoM-affiliated programmes; apply via mahadbt.maharashtra.gov.in |
| OBC Non-Creamy Layer Post-Matric Scholarship | Tuition fee up to INR 1,00,000 + maintenance | OBC (NCL) students with family income below INR 8 lakh per annum; apply via mahadbt.maharashtra.gov.in |
| EBC Freeship (Rajarshi Chhatrapati Shahu Maharaj Scheme) | Course fee reimbursement | Students with family income below INR 8 lakh admitted through merit; apply via mahadbt.maharashtra.gov.in |
| Central Government Post-Matric Scholarship (Minorities) | INR 3,000 to INR 12,000/year + maintenance | Students from Muslim, Christian, Sikh, Buddhist, Parsi, Jain communities with family income below INR 2.5 lakh; apply via scholarships.gov.in |
| GICED Merit Scholarship | Based on academic merit | Students with outstanding academic performance; awarded by the institute each academic year |
- Maharashtra government scholarships (SC/ST/OBC/EBC/EWS) are disbursed through the MahaDBT portal (mahadbt.maharashtra.gov.in). Apply within the notified deadline each academic year with income and caste certificates.
- Central Government Post-Matric Scholarship for Minorities is processed via the National Scholarship Portal (scholarships.gov.in). Applications open each year in August-September.
- GICED merit scholarships are announced by the institute at the start of each academic year; eligibility and amounts may vary. Contact the GICED admission office for current details.
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