MANUU PG Diploma Islamic Banking & Finance: Fees 2026, Course Duration, Dates, Eligibility

Gachibowli, HyderabadCentral UniversityEstd 1998NAAC Grade A+
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Collegedunia Team

Content Curator | Updated on - Apr 27, 2026

Maulana Azad National Urdu University (MANUU), Hyderabad offers a Post Graduate Diploma in Islamic Banking and Finance (PGDIBF), a 2-year (4-semester) full-time on-campus programme. The course is designed to equip students with a thorough understanding of Islamic finance principles, Shariah-compliant banking products, and the operational framework of Islamic financial institutions. With a seat intake of 30, the programme is one of the few dedicated Islamic banking and finance courses offered by a central university in India, making it a unique and sought-after qualification for students interested in the rapidly growing global Islamic finance industry. The total programme fee is approximately Rs. 16,800 for the full 2-year duration, and admission is based on merit in the qualifying examination.

Admissions for the 2026-27 academic session are open. The last date for submission of online applications for merit-based programmes is June 10, 2026. Candidates can apply through the official MANUU admissions portal at manuucoe.in/regularadmission.

Key Points

  • PGDIBF is one of the very few PG Diploma programmes in Islamic Banking and Finance offered by a central university in India, giving it a distinctive academic standing.
  • The programme covers both theoretical foundations of Islamic economics and practical aspects of Shariah-compliant financial products such as Murabaha, Musharakah, Ijarah, and Sukuk.
  • With 30 seats, the programme has a small cohort size, enabling focused learning and closer faculty-student interaction.
  • The programme is particularly relevant for students aspiring to work in Islamic banks, cooperative finance institutions, and international financial organisations operating in Muslim-majority countries.
  • MANUU's bilingual (Urdu-English) academic environment provides an added advantage for students seeking careers in Islamic finance in the Middle East and South Asian markets.
  • Admission is merit-based (based on qualifying degree marks), making it accessible without a separate entrance test.

MANUU PGDIBF Fees

Academic Fees

Fee ComponentAmount (Rs.)
Fee per Semester (Year 1)₹4,200
Fee per Semester (Year 2)₹4,200
Total Fees for 4 Semesters (2 Years)₹16,800

Hostel Fees (Optional - not mandatory)

Hostel ComponentAmount (Rs.)
Annual Hostel Accommodation Fee₹4,200 - ₹5,000
Mess Charges₹1,800 - ₹2,000 per month
  • The fee structure above is based on available data for the PGDIBF programme at MANUU.
  • The university reserves the right to revise fees from time to time.
  • A one-time Caution Deposit (refundable) is collected at the time of admission; the exact amount is notified in the prospectus each year.
  • Semester fee must be paid within two weeks of commencement of the semester.
  • Payment with a late fee is accepted till the end of the fourth week, after which admission is liable to cancellation.
  • The university accepts fees through Online Mode only via the MANUU fee payment portal (manuucoe.in/OnlinePayment).
  • Hostel accommodation is optional and subject to availability.
  • Hostel fees are not included in the total academic fees above.
  • Medical Insurance fee (mandatory for Hyderabad campus students) is collected separately.

MANUU PGDIBF Admission 2026

Important Dates

EventDate
Online Application Portal OpensApril 5, 2026
Last Date for Submission of Online Application (Merit-based)June 10, 2026
Display of Merit List / Provisional SelectionJune - July 2026 (Tentative)
Online Certificate VerificationJuly 2026 (Tentative)
Commencement of ClassesJuly - August 2026 (Tentative)

Entrance Exam / Selection Criteria

CriteriaDetails
Selection ModeMerit-based (based on marks in qualifying Bachelor's degree)
No Entrance TestAdmission is directly based on academic merit; no separate entrance exam is required

The dates mentioned above are tentative and subject to change.

Eligibility Criteria

  • Candidates must have passed any Bachelor's degree from a recognized university with a minimum of 45% aggregate marks.
  • There is no specific subject restriction; graduates from any discipline (Commerce, Arts, Science, etc.) are eligible to apply.
  • Candidates must fulfill the eligibility criteria as specified in the MANUU Prospectus 2026-27.

Admission Process

  • Submit online application at manuucoe.in/regularadmission before June 10, 2026.
  • Upload all required documents including mark sheets of qualifying examination, identity proof, and category certificate (if applicable).
  • A merit list is prepared based on marks in the qualifying Bachelor's degree.
  • Provisionally selected candidates are required to complete online certificate verification.
  • Pay the semester fee online within two weeks of commencement of the semester to confirm admission.

MANUU PGDIBF Scholarships 2026

Scholarships

Scholarship / FellowshipAmountEligibility
Maulana Azad National Fellowship (MANF)Rs. 31,000/month + contingency grantFor minority community students (Muslims, Christians, Sikhs, Buddhists, Jains, Zoroastrians) pursuing PG Diploma; applied through National Scholarship Portal
Post-Matric Scholarship for MinoritiesVaries (maintenance + tuition allowance)For minority students with family income below Rs. 2.5 lakh per annum; applied through National Scholarship Portal
National Scholarship Portal ScholarshipsVariesVarious central government scholarships for SC/ST/OBC/Minority/PwD students
State Government ScholarshipsVariesTelangana state scholarships for eligible students; check Telangana eSeva portal
  • Maulana Azad National Fellowship (MANF) is primarily for M.Phil/Ph.D. students; PG Diploma students should verify eligibility at the time of application on the National Scholarship Portal (scholarships.gov.in).
  • Post-Matric Scholarship for Minorities covers tuition fee and maintenance allowance; applications are submitted through the National Scholarship Portal before the annual deadline (typically October-November each year).
  • Students are encouraged to check the MANUU Notices section and the National Scholarship Portal regularly for updated scholarship announcements and deadlines.
  • The university does not provide a Non-NET fellowship for PG Diploma students (this is exclusively for Ph.D. scholars).

Table of Contents

MANUU PGDIBF FAQs

Ques. What is the scope of the PGDIBF from MANUU - is it recognized for jobs in Islamic banks?

Ans. The Post Graduate Diploma in Islamic Banking and Finance from MANUU, a central university established by an Act of Parliament, carries strong academic credibility. Graduates can pursue careers in Islamic banking divisions of conventional banks, cooperative credit societies, Waqf management, and international Islamic financial institutions in the Gulf, Malaysia, and other Muslim-majority countries. While the diploma itself is not a full master's degree, it provides specialized knowledge that is highly valued in the niche Islamic finance sector. Many graduates also use it as a stepping stone to pursue further studies in Islamic finance abroad.

Ques. Is there any entrance test for PGDIBF admission at MANUU, or is it purely merit-based?

Ans. Admission to the PGDIBF programme at MANUU is purely merit-based, meaning there is no separate written entrance test. Selection is based on the aggregate marks obtained in the qualifying Bachelor's degree. This makes the admission process straightforward and accessible. Candidates simply need to apply online through the MANUU admissions portal before the deadline (June 10, 2026 for 2026-27 session) and submit their academic documents for verification.

Ques. Can students from non-commerce backgrounds (e.g., Arts or Science graduates) apply for PGDIBF?

Ans. Yes, the PGDIBF programme at MANUU is open to graduates from any discipline. The minimum eligibility is a Bachelor's degree with 45% marks from a recognized university, with no specific subject restriction. This makes the programme accessible to students from Arts, Science, Commerce, and even Engineering backgrounds who are interested in Islamic finance. The curriculum is designed to introduce Islamic finance concepts from the ground up, so prior knowledge of banking or finance is not mandatory.

Ques. What subjects are covered in the PGDIBF curriculum at MANUU?

Ans. The PGDIBF curriculum at MANUU covers a comprehensive range of topics including the principles of Islamic economics, Shariah foundations of Islamic finance, Islamic banking products and services (Murabaha, Musharakah, Mudarabah, Ijarah, Istisna), Islamic capital markets and Sukuk, Takaful (Islamic insurance), accounting and auditing for Islamic financial institutions, and regulatory frameworks governing Islamic finance in India and globally. The programme blends theoretical Islamic jurisprudence with practical financial management skills.

Ques. Is the PGDIBF at MANUU a full-time on-campus programme, and what is the class schedule like?

Ans. Yes, the PGDIBF is a full-time on-campus programme spread over 2 years (4 semesters) at the MANUU Hyderabad campus. Students are required to attend regular classes on campus. The programme follows the semester system with examinations at the end of each semester. Since it is a full-time programme, students are generally not expected to be simultaneously employed. The small cohort size of 30 students ensures personalized attention from faculty.

Ques. Are there job placement opportunities for PGDIBF graduates from MANUU?

Ans. MANUU has a University Placement Cell that facilitates campus placements and career guidance for students. However, dedicated placement data exclusive to PGDIBF is not publicly available. Graduates of the programme typically explore opportunities in Islamic banking divisions of banks like Bank of Baroda (which has an Islamic banking window), cooperative finance institutions, Waqf boards, and international Islamic financial institutions. Some graduates also pursue higher studies in Islamic finance from institutions in Malaysia, the UK, or the Gulf region. Networking through MANUU's alumni community and industry connections in the Islamic finance sector is also a useful avenue.

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