Ramaiah Institute of Technology in Bangalore offers a two-year, full-time MBA with a Finance specialisation. Its Department of Management Studies started in 1998 and is autonomous under VTU. The institute holds NAAC A+ and is ranked #75 in NIRF engineering 2025. The full fee on a government quota seat is INR 1.72 Lakhs for two years. You get that seat through the Karnataka PGCET and KEA counselling. The MBA has 120 seats across four specialisations. The General seat closed at rank 386 in 2025. In 2024-25, 107 MBA students were placed at a median pay of INR 6.1 LPA.
RIT MBA Finance Fees
The total fee with hostel is INR 3.32 Lakhs, and the fee without hostel is INR 1.72 Lakhs. The first-year fee is INR 88,560 and the second-year fee is INR 83,260. These are government quota fees for a PGCET seat. A management quota seat costs INR 7.56 Lakhs for the full course. You pay the fee once a year. Hostel is extra, and you pay it only if you take a room.
Fee head
Amount
How it is charged
First-year fee
INR 88,560
One time, in year 1
Second-year fee
INR 83,260
One time, in year 2
Hostel and mess
INR 1.60 Lakhs
INR 80,000 a year, 2 years
Total, no hostel
INR 1.72 Lakhs
Full course, government seat
Total with hostel
INR 3.32 Lakhs
Full course, government seat
Management quota total
INR 7.56 Lakhs
Full course, no hostel
RIT MBA Finance Admission Dates
The PGCET 2026 result came out on 19 Aug 2026. You can download the claim slip till 15 Sep 2026. KEA has not given the option entry dates yet, so check its portal. Classes are expected to start in Nov 2026.
Event
Date
Status
PGCET registration, last date to apply
23 Mar 2026 to 30 Apr 2026
Over
PGCET MBA exam
14 Jun 2026
Over
PGCET result and rank
19 Aug 2026
Over
Seat matrix
8 Sep 2026
Over
Claim slip download
10 Sep 2026 to 15 Sep 2026
Confirmed
Option entry on the KEA portal
Oct 2026
Tentative
Round 1 seat allotment
Oct 2026
Tentative
Fee payment at KEA
Oct 2026
Tentative
Reporting and document check
Oct 2026
Tentative
Classes start
Nov 2026
Tentative
RIT MBA Finance Eligibility
You need a bachelor's degree in any subject with 50% marks, or 45% for SC, ST and Category-I students of Karnataka. For a government seat you also need a Karnataka PGCET rank. Management seats take a KMAT, CMAT or MAT score. If your marks are below the limit, you cannot take a seat in either quota.
Requirement
What you need
Degree
A bachelor's degree in any subject from a recognised university
Marks
50%, or 45% for SC, ST and Category-I
Government seat
A Karnataka PGCET rank
Management seat
A KMAT, CMAT or MAT score
RIT MBA Finance Admission Process
KEA fills government seats through the PGCET rank, option entry, seat allotment, fee payment and reporting. You list this college in option entry, and KEA gives a seat on your rank. If you do not pay the fee and report by the last date, you lose the seat.
Step
What you do
1. Write the PGCET
Register with KEA and write the MBA exam
2. Download the claim slip
Check your documents and download it from the KEA portal
3. Option entry
List this college high if it is your first pick
4. Seat allotment
KEA gives a seat on your rank and your options
5. Pay and report
Pay the fee at KEA, then report to the college with originals
RIT MBA Finance Cutoff
The General seat closed at rank 386 and the OBC seat at 1,984 in 2025. The SC seat closed at 1,868. These are Karnataka PGCET closing ranks from KEA counselling. Round 1 closed at 339 for General, so later rounds went a little further down the list.
Category
Closing rank
Round and year
General
339
Round 1, 2025
General
386
2025 closing list
OBC
1,984
2025 closing list
SC
1,868
2025 closing list
RIT MBA Finance Placements
In 2024-25, 107 MBA students were placed at a median pay of INR 6.1 LPA. The highest MBA offer was INR 17.3 LPA. Most of the batch earns close to the median, not the top offer. Students also do project work cum internship in companies.
Metric
Value
Median pay
INR 6.1 LPA, 2024-25
Students placed
107, 2024-25
Highest offer
INR 17.3 LPA
Industry links
MoUs with EY GSS and MCX
RIT MBA Finance Scholarships
Two state schemes can cut the cost by INR 30,000 to INR 1.72 Lakhs over the course. The SC and ST post-matric scholarship pays back the full fee. Vidyasiri helps backward class students who do not get a government hostel. You apply for both on the SSP portal after admission.
Scholarship
Who can get it
Amount or waiver
SC and ST post-matric scholarship
SC or ST, family income up to INR 2.5 Lakhs a year
INR 1.72 Lakhs, the full fee
Vidyasiri food and hostel help
Category-I up to INR 2.5 Lakhs, or 2A, 3A and 3B up to INR 1 Lakh a year
INR 30,000 over the course
RIT MBA Finance Ranking
The institute is ranked #75 in NIRF engineering 2025 and #86 in Collegedunia's B.Tech ranking 2026. Its NAAC grade is A+. These ranks are for the whole institute, not for the MBA alone. NIRF ranks on data the institute files each year.
Ranking body
Year
Rank or grade
NIRF Engineering
2025
#75
NIRF Overall
2025
101 to 150
Collegedunia B.Tech ranking
2026
#86
NAAC
Current cycle
A+
RIT MBA Finance Course Structure
Year 1 covers core management subjects, and year 2 adds your specialisation. You can take Finance alone or pair it with Marketing, HR or Business Analytics. The course ends with project work cum internship in a company.
Year
What you study
Year 1
Core management subjects for every student
Year 2
Finance subjects, with an optional second specialisation
Project
Project work cum internship in a company
RIT MBA Finance Seats and Intake
The MBA has 120 seats in all, shared by four specialisations. KEA fills the government seats on PGCET rank, and the college fills the management seats.
Item
Detail
Total MBA seats
120
Specialisations
Finance, Marketing, HR and Business Analytics
Government seats
Filled by KEA on PGCET rank
Should you pick MBA Finance at Ramaiah Institute of Technology?
This course suits students who want a low-cost government seat for a finance career in Bangalore.
Pick it if:
You have a strong PGCET rank: a government quota seat here costs INR 1.72 Lakhs for two years, against INR 7.56 Lakhs on a management seat.
You want finance work beyond a bank branch: the department has MoUs with EY GSS and MCX, a commodity exchange, and Bangalore has many finance offices.
You are not sure Finance alone is enough: you can take a dual specialisation and pair Finance with Marketing, HR or Business Analytics.
You want the fee back fast: at the median pay of INR 6.1 LPA, the government quota fee comes back inside the first working year.
Skip it if:
You are counting on a top package: the median was INR 6.1 LPA against a highest offer of INR 17.3 LPA, so most students earn near the median.
You want a large Finance batch: the MBA has 120 seats shared by four specialisations, so the Finance group is one part of a small batch.
Your rank is far below the General close: the 2025 General close was 386, so a much weaker rank may only get a management seat at INR 7.56 Lakhs.
You want a campus built only for management: this is an engineering institute first, and the MBA is one department that started in 1998.
Counsellor's advice
If your PGCET rank is 386 or better, list this college high in option entry and do not pay for a management seat. If your rank is much weaker, check the management fee against the median pay first.
MBA Finance Eligibility▾
Degree: A bachelor's degree in any subject from a recognised university.
Marks: 50% in the degree. 45% for SC, ST and Category-I students of Karnataka.
Government seat: A Karnataka PGCET rank. PGCET is the state exam for MBA seats.
Management seat: A KMAT, CMAT or MAT score. You apply to the college for these seats.
MBA Finance Admission Process▾
Write the PGCET: Register with KEA (Karnataka Examinations Authority) and write the MBA exam.
Get your rank: Download the result and the claim slip from the KEA portal.
Option entry: List this college high. KEA gives seats in order of rank.
Pay the fee: Pay the seat fee at KEA by the last date or you lose the seat.
Report on campus: Bring your original documents to the college on the reporting date.
MBA Finance Admission Dates 2026
▾
These are the official 2026 dates. Tap 2027 Session for expected dates of the next batch.
The 2027 calendar is not out yet. These dates are estimates based on 2026.
Over
23 Mar 2026 to 30 Apr 2026
PGCET registration
Last date to apply was 30 Apr 2026. Late forms were not taken.
Over
5 May 2026
Application fee, last date
Forms without the fee paid by 5 May 2026 were not accepted.
Over
7 Jun 2026
PGCET admit card
The admit card was the only entry pass for the exam.
Over
14 Jun 2026
PGCET MBA exam
Your PGCET rank comes from this one exam.
Over
19 Aug 2026
PGCET result and rank
Your rank decides your turn in KEA counselling.
Over
8 Sep 2026
Seat matrix
The list of MBA seats each college gives through KEA.
Confirmed
10 Sep 2026 to 15 Sep 2026
Claim slip download
Download it by 15 Sep 2026 to take part in counselling.
Tentative
Oct 2026
Option entry on the KEA portal
List this college high if it is your first pick.
Tentative
Oct 2026
Round 1 seat allotment
KEA gives seats on rank and the options you entered.
Tentative
Oct 2026
Fee payment at KEA
You lose the seat if the fee is not paid by the last date.
Tentative
Oct 2026
Reporting and document check
Bring originals to the college; the seat is cancelled without them.
Tentative
Nov 2026
Round 3 seat allotment
Later rounds fill the seats left after round 1.
Tentative
Nov 2026
Classes start
The first semester is expected to start after the last round.
Tentative
Mar 2027
PGCET registration
Expected to open in the same month as 2026; the last date to apply comes about five weeks later.
Tentative
Jun 2027
PGCET MBA exam
Expected in the same month as 2026.
Tentative
Aug 2027
PGCET result and rank
Expected in the same month as 2026.
Tentative
Oct 2027
Option entry and round 1 seat allotment
Expected after the claim slip and the seat matrix.
Tentative
Oct 2027
Fee payment at KEA
Expected soon after each allotment.
Tentative
Oct 2027
Reporting and document check
Expected soon after the fee payment.
Tentative
Nov 2027
Round 3 seat allotment
Expected for seats left after the early rounds.
Tentative
Nov 2027
Classes start
Expected after the last round.
Source: KEA Karnataka PGCET 2026 notification and schedule. Confirm on the official site before you act.
Ramaiah Institute of Technology MBA Finance Fees 2026
▾
This is the full 2-year cost of a government quota seat, not one year. Turn on the toggle to add hostel and mess.
First-year fee
One time, in year 1, government quota
INR 88,560
Second-year fee
One time, in year 2, government quota
INR 83,260
Add hostel + mess
Hostel and mess
Per year × 2, INR 80,000 a year, first-year double room
INR 1.60 Lakhs
Total course fee
INR 1.72 Lakhs
2 years · first and second-year fee, hostel not added
Total course fee
INR 3.32 Lakhs
2 years · first and second-year fee + hostel and mess
Education loan EMI
INR 2,897
7 yr · 10.5% per year
ROI
355%
median first-year pay INR 6.1 LPA vs the full fee
Education loan EMI
INR 5,595
7 yr · 10.5% per year
ROI
184%
median first-year pay INR 6.1 LPA vs the full fee
Source: Ramaiah Institute of Technology MBA fee structure. Confirm on the official site before you act.
Will your PGCET rank get you MBA Finance at Ramaiah Institute of Technology?
Pick your category. The cutoff ranges are the 2025 Karnataka PGCET closing ranks for this MBA; you choose Finance after you join.
Category
General
339 or better: yes, you are in. Round 1 took General ranks up to 339 in 2025.
340 to 386: almost there. Keep this college high and wait for later rounds.
Worse than 386: not on the 2025 close. Keep a safer college above it.
OBC
The 2025 OBC seat closed at rank 1,984. A rank at or better than that was inside the close. Only one closing rank is published, so treat a rank just above it as a risk.
SC
The 2025 SC seat closed at rank 1,868. A rank at or better than that was inside the close. Only one closing rank is published, so treat a rank just above it as a risk.
EDITOR'S NOTE
These closes are for the whole MBA, not for Finance alone. If you get the seat, you pick Finance inside the course.
Ramaiah Institute of Technology MBA 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 card below says who qualifies for the scheme.
SC and ST post-matric scholarship
INR 1.72 Lakhs
Social Welfare and Tribal Welfare departments, Karnataka
The state pays back the government quota fee each year while you keep passing.
Who qualifies: SC or ST, family income up to INR 2.5 Lakhs a yearApply on SSP after admission
Not eligible on your answers
Vidyasiri food and hostel help
INR 30,000
Backward Classes Welfare Department, Karnataka
INR 1,500 a month for ten months a year, if you are not in a government hostel.
Who qualifies: Category-I up to INR 2.5 Lakhs, 2A, 3A or 3B up to INR 1 LakhApply on SSP after admission
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 0
Your net course fee: INR 1.72 Lakhs
Estimated total waiver
INR 30,000
Your net course fee: INR 1.42 Lakhs
Estimated total waiver
INR 1.72 Lakhs
Your net course fee: INR 0
Ramaiah Institute of Technology MBA Finance vs similar colleges
Tap a college to see it next to Ramaiah Institute of Technology. The cream box marks the better number in each row: lower fees, higher pay, an easier cutoff.
Compare with
This page
Ramaiah Institute of Technology
Bangalore
Compared with
PES University
Bangalore
Compared with
BMS College of Engineering
Bangalore
Compared with
Dayananda Sagar College of Engineering
Bangalore
Compared with
Bangalore Institute of Technology
Bangalore
Total fees2 years, management quota
INR 7.56 Lakhs
full course
INR 15.10 Lakhs
INR 7.54 Lakhs more
INR 8 Lakhs
INR 44,000 more
Not published
Not published
Median paylatest MBA batch
INR 6.1 LPA
2024-25
INR 5.5 LPA
INR 0.6 LPA less
Not published
Not published
INR 5 LPA
INR 1.1 LPA less, 2023-24
Closing rankPGCET 2025, General
386
2025 list
557
171 places easier
883
497 places easier
893
507 places easier
1,714
1,328 places easier
SeatsMBA intake
120
all specialisations
360
240 more
Not published
Not published
Not published
Highest offerMBA, latest batch
INR 17.3 LPA
MBA
Not published
Not published
INR 8.4 LPA
INR 8.9 LPA less
Not published
In short
PES University charges about twice the management fee and closed at a weaker PGCET rank. If your rank clears Ramaiah Institute of Technology, take this seat; if it misses, list PES University below it.
In short
BMS College of Engineering closed at a weaker rank and does not publish its MBA median pay. If your rank is 386 or better, list Ramaiah Institute of Technology first and keep BMS College of Engineering next.
In short
Dayananda Sagar College of Engineering had a lower highest MBA offer and closed at a weaker rank. If Ramaiah Institute of Technology gives you a government seat, take it and keep Dayananda Sagar College of Engineering as a backup.
In short
Bangalore Institute of Technology closed at a much weaker rank and paid a lower median. If your rank misses Ramaiah Institute of Technology, list Bangalore Institute of Technology below it as the safer seat.
Fees and pay can change. Check each college site before you decide.
FAQs on Ramaiah Institute of Technology MBA Finance
Short answers to what students ask before they apply.
How do I get a government seat in this MBA?▾
Write the Karnataka PGCET and get a rank. Then list this college in KEA option entry. If KEA gives you the seat, pay the fee at KEA and report to the college with your originals.
What is the full fee for the course?▾
A government quota seat costs INR 1.72 Lakhs for two years. With hostel and mess it comes to INR 3.32 Lakhs. A management quota seat costs INR 7.56 Lakhs.
What PGCET rank do I need for a General seat?▾
The 2025 General seat closed at rank 386, and round 1 closed at 339. Use the rank checker above for the OBC and SC closes.
Can I take Finance with another specialisation?▾
Yes. You can take Finance alone or add Marketing, HR or Business Analytics as a second specialisation.
How are MBA placements here?▾
In 2024-25, 107 MBA students were placed at a median pay of INR 6.1 LPA. The highest MBA offer was INR 17.3 LPA, so most students earn near the median.
Which scholarships can cut this fee?▾
SC and ST students with family income up to INR 2.5 Lakhs get the government quota fee back. Vidyasiri gives some backward class students INR 30,000 over the course. The calculator above shows your total.
At MSRIT, the faculty is highly educated, with all lecturers holding PhDs. The proctor system supports regular student-teacher interactions, emphasizing personalized attention. Students are eligible for placements from the third semester. Participating companies include Exelr, Pernard Ricardo, Karnataka Bank, Big Basket, and NoBroker, with the highest salary package at 13 LPA, the lowest at 3 LPA, and an average of 5 LPA.
Stipends from companies like GSR, PhonePe, and EY are 25,000 INR, while startups like CS24 offer 10,000 INR, and some positions, such as at Reliance, are unpaid. Scholarships provide substantial financial support, up to 100,000 INR, with programs like Vidya Siri. The MBA program offers fewer placement opportunities, mostly with salaries under 10 LPA, and about five companies offering below 5 LPA.
![Ramaiah Institute of Technology - [RIT]](https://img.collegedunia.com/public/college_data/images/logos/1544678802llogosramaiah01.jpg?h=71.7&w=71.7&mode=stretch)
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