Global Institue of Management Sangamner MBA Banking & Insurance: Fees 2026, Course Duration, Dates, Eligibility

Ahmednagar, MaharashtraEstd 2010 SPPU, Pune
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Collegedunia Team

Content Curator | Updated on - Aug 21, 2026

Global Institute of Management (GIOM), Sangamner offers a 2-year full-time MBA in Banking and Insurance affiliated to Savitribai Phule Pune University (SPPU). The programme covers banking operations, credit management, financial markets, and insurance practices, preparing graduates for management roles in the BFSI sector. Admission is through MAH-MBA-CET and the Maharashtra CAP process. Total fees are INR 1,52,000.

📋 Admission Status: Admissions expected to open January 2027 (Tentative).


GIOM MBA Banking and Insurance Fees 2027

ComponentAmount (INR)
Programme Fee (2 Years)INR 1,52,000
Total FeesINR 1,52,000
  • Fee is payable in installments per the institute payment schedule.
  • Applies to general quota seats allotted through the Maharashtra CAP process.
  • Hostel and transport charges are levied separately and not included above.

GIOM MBA Banking and Insurance Admission 2027

EventDate
MAH-MBA-CET Registration OpensJanuary 2027 (Tentative)
MAH-MBA-CET Registration ClosesFebruary 2027 (Tentative)
MAH-MBA-CET ExamApril 2027 (Tentative)
MAH-MBA-CET ResultMay 2027 (Tentative)
CAP Counselling Registration ClosesJune 2027 (Tentative)
Class CommencementJuly 2027 (Tentative)
  • All dates are extrapolated from the 2026 cycle and subject to CET Cell notification.
  • Candidates register for CAP on cetcell.mahacet.org after result declaration.
  • Option form for institute preference is filled during the CAP option entry window.

The dates mentioned above are tentative and subject to change.

Eligibility Criteria

  • Bachelor’s degree in any discipline from a recognised university with minimum 50% aggregate marks (45% for reserved category candidates).
  • Valid MAH-MBA-CET score is mandatory for the Maharashtra Centralised Admission Process (CAP).
  • Final-year graduation students may apply provisionally and must submit the final marksheet before fee payment.
  • Indian nationals must satisfy the domicile and residency conditions prescribed by the Maharashtra CET Cell.

Admission Process

  • Register for and appear in MAH-MBA-CET to obtain a valid percentile score.
  • Submit the CAP application on cetcell.mahacet.org with academic, personal, and category details.
  • Upload required documents: graduation marksheets, identity proof, domicile certificate, and caste certificate.
  • Fill the preference form listing desired institutes and specialisations during the CAP option entry window.
  • Accept the allotted seat after the CAP round and report to GIOM with all original documents.
  • Pay the programme fee and complete document verification at the institute to confirm admission.

✓ Opt for this if

  • You aim for a management career in banking, insurance, or financial services.
  • You seek an affordable SPPU-affiliated MBA with a BFSI specialisation.
  • Your MAH-MBA-CET score qualifies for GIOM Sangamner’s CAP seat range.
  • You want sector-focused management training close to Pune’s financial hub.

✗ Skip if

  • You require a highly ranked MBA for placements in global investment banks.
  • You need CA or CFA certification alongside the MBA for your target role.
  • Your CAT or SNAP score qualifies you for better-ranked BFSI-focused MBAs.

GIOM MBA Banking and Insurance Scholarships 2027

ScholarshipAmountEligibility
Government Freeship / EBC ScholarshipAs per state normsEconomically backward students with annual family income below the prescribed state limit
OBC / VJNT / SBC Post-Matric ScholarshipAs per state normsStudents from OBC, VJNT, or SBC categories as recognised by the Maharashtra government
  • Apply through the Maharashtra Scholarship Portal (mahaeschol.in) before the notified deadline.
  • Both fresh and renewal applications are processed through the portal annually.
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Table of Contents

GIOM MBA Banking and Insurance FAQs

Ques. What is the total fee for MBA Banking and Insurance at GIOM Sangamner?

Ans. The total programme fee for the 2-year MBA in Banking and Insurance at GIOM, Sangamner is INR 1,52,000 for the complete course duration. The fee is payable in installments as per the institute’s schedule. Hostel and transport charges, if availed separately, are not included in this total amount.

Ques. Which entrance exam is needed for MBA Banking and Insurance at GIOM?

Ans. Admission is through the MAH-MBA-CET, conducted by the Maharashtra State CET Cell. Candidates register at cetcell.mahacet.org, appear for the exam, and then secure a seat through the Maharashtra CAP counselling process. All seats at GIOM Sangamner, including general and reserved categories, are filled through the state CAP mechanism.

Ques. Is the MBA in Banking and Insurance from GIOM Sangamner recognised for bank employment?

Ans. Yes. GIOM Sangamner is affiliated to Savitribai Phule Pune University (SPPU), which is UGC-recognised. The MBA degree awarded by SPPU qualifies graduates to apply for management trainee and officer-level positions in public sector banks, cooperative banks, and insurance companies. It also meets the eligibility criteria for IBPS PO, SBI PO, and LIC management exams that require a graduate or postgraduate degree.

Ques. What is the minimum eligibility for MBA Banking and Insurance at GIOM?

Ans. Candidates must have completed a bachelor’s degree in any discipline with at least 50% marks (45% for reserved categories). A valid MAH-MBA-CET score is mandatory for the Maharashtra CAP admission process. Final-year undergraduate students may apply provisionally, with the final result required to be submitted before confirming admission at the institute.

Ques. What are the job prospects after MBA Banking and Insurance from GIOM Sangamner?

Ans. Graduates can pursue roles such as bank credit officer, branch operations executive, insurance underwriter, financial analyst, and relationship manager in BFSI firms. Hiring organisations include cooperative and commercial banks, life and general insurance companies, NBFCs, microfinance institutions, and fintech firms. The SPPU affiliation and sector-specific MBA make graduates eligible for management trainee schemes run by public sector banks and insurance corporations.

Ques. Can a commerce graduate without a banking background apply for MBA Banking and Insurance at GIOM?

Ans. Yes. The eligibility for MBA Banking and Insurance at GIOM Sangamner is a bachelor’s degree in any discipline with at least 50% aggregate marks. Prior work experience or a commerce or finance background is not mandatory. The programme is designed to provide foundational knowledge in banking and insurance during the first year, making it accessible to graduates from any stream with a valid MAH-MBA-CET score.

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