Content Curator | Updated on - Mar 31, 2026

The MBA (Banking, Insurance & Financial Services) at Anurag University, Hyderabad is a 2-year full-time postgraduate program structured across six trimesters, designed to equip students with specialized knowledge in banking operations, insurance management, and financial services. The total tuition fee for the program is Rs. 3,00,000 (Rs. 1,50,000 per annum), making it one of the more affordable MBA specializations in Telangana. Admission is primarily through TG ICET (Telangana Integrated Common Entrance Test), and the program is offered on the main campus at Venkatapur, Ghatkesar, Hyderabad. The BFSI sector is one of India's fastest-growing industries, making this specialization highly relevant for students targeting careers in banks, NBFCs, insurance companies, and financial advisory firms.

Admissions for the 2026-27 academic year are upcoming. Based on last year's pattern, the TG ICET 2026 exam is scheduled for May 13-14, 2026, with results expected in June 2026, followed by counselling and college admissions typically in July-August 2026. Students can also apply directly through Anurag University's online portal (admissions.anurag.edu.in).

Key Points

The program follows an Outcome-Based Education (OBE) approach with a blend of classroom lectures, case studies, guest lectures, industry visits, and internships.
The BFSI specialization prepares students for roles in banking, insurance underwriting, financial planning, risk management, and investment advisory.
Anurag University holds NAAC 'A' accreditation and is ranked 140 in India (NIRF), lending credibility to the MBA program.
The curriculum is structured across six trimesters, providing a rigorous and intensive learning experience compared to semester-based programs.
Students benefit from the university's strong industry linkages with recruiters such as Axis Bank, Goldman Sachs, BNY, JP Morgan, and other BFSI-sector companies.

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Highlights
Fees
Admission
Scholarships
Cutoff
Ranking
FAQs

Anurag University Latest Updates and News

18 Apr, 2026 TS ICET 2026 registration is open till April 25, 2026, (with a late fee) for MBA/MCA admission. The Application edit window is open till April 26. The exam is scheduled for May 13 & 14, 2026. Read more.

Anurag University MBA (BFSI) Fees

The MBA (Banking, Insurance & Financial Services) at Anurag University carries a total tuition fee of Rs. 3,00,000 for the 2-year program, payable at Rs. 1,50,000 per annum. This fee is regulated and applicable to the general category. Hostel accommodation is optional and available on campus at additional cost, ranging from Rs. 1,05,000 to Rs. 1,25,000 per annum depending on the room type chosen.

Tuition Fee Structure

Fee Component	Amount (Per Annum)	Total (2 Years)
Tuition Fee	Rs. 1,50,000	Rs. 3,00,000
Total Fees (Tuition)	Rs. 1,50,000	Rs. 3,00,000

Hostel Fee Structure

Hostel Fee (Optional)	Amount (Per Annum)
5-Seater Room, Common Washroom (Non-AC)	Rs. 1,05,000
4-Seater Room, Attached Washroom (Non-AC)	Rs. 1,15,000
4-Seater Room, Attached Washroom (AC)	Rs. 1,25,000

Hostel fees are optional and not included in the Total Fees above.
Fee is as per the TELFRC norms.
Students are advised to confirm the latest fee structure at the time of admission directly with the university.
No EMI or installment details are officially published; students may contact the accounts office for payment schedule options.

Anurag University MBA (BFSI) Admission 2026

Admissions to the MBA (BFSI) program at Anurag University are conducted through TG ICET (Telangana Integrated Common Entrance Test) for Telangana state candidates, and through direct/management quota for other candidates. The 2026-27 admission season is upcoming, with TG ICET 2026 scheduled in May 2026. Based on last year's pattern, counselling and final admissions are expected in July-August 2026.

College Admission Dates

Event	Tentative Date (2026-27)
Anurag University Online Application Opens	April 2026 (Ongoing)
TG ICET 2026 Registration Start	February 12, 2026
TG ICET 2026 Registration End	March 16, 2026
TG ICET 2026 Hall Ticket Release	May 4, 2026
TG ICET 2026 Exam Date	May 13-14, 2026
TG ICET 2026 Answer Key Release	May 29, 2026
TG ICET 2026 Result Declaration	June 19, 2026
TG ICET Counselling (Tentative)	July 2026
Anurag University Counselling / Admissions	July - August 2026
Batch Commencement (Tentative)	August - September 2026

Entrance Exam Dates

Event	Date
TG ICET 2026 Registration Start	February 12, 2026
TG ICET 2026 Registration End	March 16, 2026
TG ICET 2026 Hall Ticket	May 4, 2026
TG ICET 2026 Exam	May 13-14, 2026
TG ICET 2026 Answer Key	May 29, 2026
TG ICET 2026 Result	June 19, 2026

The dates mentioned above are tentative and subject to change.

Eligibility Criteria

A 3-year Bachelor's Degree with at least 50% marks (45% for reserved categories) in the qualifying examination from a recognized university.
Valid TG ICET score for Telangana state candidates (General Category).
Foreign/NRI candidates may be admitted based on marks secured in the qualifying examination.

Admission Process

Appear for TG ICET 2026 (for Telangana state quota seats).
Register on the Anurag University admissions portal (admissions.anurag.edu.in).
Participate in TG ICET counselling conducted by the Telangana State Council of Higher Education (TSCHE) for state quota seats.
For management quota / direct admission, apply through the university portal and attend the university-level counselling.
Submit required documents (mark sheets, transfer certificate, migration certificate, TG ICET rank card, etc.) at the time of admission.
Pay the admission fee and confirm the seat.

Anurag University MBA (BFSI) Scholarships 2026

Anurag University offers merit-based scholarships primarily through its own entrance test (Anurag CET) and also extends government scholarships to socially and economically backward students. MBA students can benefit from these scholarships, which can significantly reduce the overall cost of the program. The university also offers cash prizes to academic toppers each year.

Scholarship Details

Scholarship	Eligibility / Basis	Benefit
Anurag CET Merit Scholarship - Rank 1-10	Top 10 ranks in Anurag CET	100% tuition fee waiver (Rs. 3,00,000)
Anurag CET Merit Scholarship - Rank 11-25	Ranks 11-25 in Anurag CET	50% tuition fee waiver (Rs. 1,50,000)
Anurag CET Merit Scholarship - Rank 26-100	Ranks 26-100 in Anurag CET	25% tuition fee waiver (Rs. 75,000)
SC/ST Government Scholarship	Parental income less than Rs. 2 lakhs per annum	Full tuition fee reimbursement
BC/EBC/Minority Government Scholarship	Parental income less than Rs. 1 lakh per annum	Full tuition fee reimbursement
Branch Topper Cash Prize	Topper of each class/branch	Rs. 5,000 cash prize per year
Overall School Topper Cash Prize	Overall topper of School of Management	Rs. 10,000 cash prize

Merit scholarships are automatically granted at the time of admission based on Anurag CET performance.
Continuation of scholarship requires maintaining a CGPA of 8.0 or above with no backlogs at the end of each semester/year.
Government scholarships (SC/ST/BC/EBC/Minority) are applicable for students admitted through Convener (state quota) admissions.
Students must maintain a minimum 75% attendance throughout the course to remain eligible for government scholarships.
The deadline to apply for the Merit Scholarship for 2025-26 was September 2, 2025; similar deadlines are expected for 2026-27.

Anurag University MBA Banking, Insurance & Financial Services Ranking

TOI Ranking

#24 out of 25 in Top Universities in India 2022

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Anurag University MBA (BFSI) FAQs

Ques. Is MBA (Banking, Insurance & Financial Services) a separate program or a specialization within the general MBA at Anurag University?

Ans. The MBA (BFSI) is offered as a specialization within the MBA program at Anurag University's School of Management. The core management curriculum is shared, while elective subjects focus specifically on banking operations, insurance products, financial markets, and risk management. Students interested in the BFSI sector should confirm the availability of this specialization for the current academic year directly with the admissions office, as seat intake may vary.

Ques. Is TG ICET mandatory for admission to MBA (BFSI) at Anurag University, or can I apply directly?

Ans. TG ICET is mandatory for Telangana state quota seats. However, Anurag University also accepts applications through its own Anurag CET and through direct/management quota admissions. If you are from outside Telangana or wish to apply under management quota, you can apply directly through the university's online portal without a TG ICET score.

Ques. What is the total cost of doing MBA (BFSI) at Anurag University including hostel?

Ans. The total tuition fee for the 2-year MBA program is Rs. 3,00,000. If you opt for hostel accommodation, the annual hostel fee ranges from Rs. 1,05,000 to Rs. 1,25,000 per year (non-AC to AC options), adding approximately Rs. 2,10,000 to Rs. 2,50,000 over two years. So the total cost including hostel would be approximately Rs. 5,10,000 to Rs. 5,50,000 for the full program.

Ques. What kind of jobs can I get after MBA (BFSI) from Anurag University? Are there dedicated BFSI sector placements?

Ans. Graduates of MBA (BFSI) typically find roles in banking (relationship manager, credit analyst, branch manager), insurance (underwriter, claims manager, sales manager), and financial services (financial advisor, investment analyst, wealth manager). Anurag University has recruiters like Axis Bank, Goldman Sachs, BNY, and JP Morgan visiting campus. However, placement data is reported at the university level and not broken down by MBA specialization. Students are advised to check with the placement cell for BFSI-specific placement records.

Ques. What is the difference between MBA (BFSI) and MBA (Finance) at Anurag University? Which is better for a banking career?

Ans. MBA (Finance) is a broader specialization covering corporate finance, financial analysis, investment banking, and accounting. MBA (BFSI) is more sector-specific, focusing on banking products, insurance regulations, financial services operations, and BFSI industry practices. For a career specifically in banking or insurance companies, MBA (BFSI) provides more targeted knowledge, while MBA (Finance) offers wider applicability across industries including consulting, corporate finance, and capital markets.

Ques. Does Anurag University offer any industry certifications or tie-ups with BFSI companies as part of the MBA (BFSI) program?

Ans. Anurag University has industry linkages and conducts guest lectures, industry visits, and internships as part of the MBA curriculum. While specific BFSI certification tie-ups (such as NISM, IRDA, or IIBF certifications) are not officially listed on the university website, students are encouraged to pursue these certifications independently during the program to enhance their employability in the BFSI sector. It is advisable to confirm current industry partnerships with the School of Management directly.