![University of Allahabad - [AU]](https://image-static.collegedunia.com/public/college_data/images/logos/15034700001485782137AllahabadUniversitylogo.png?h=71.7&w=71.7&mode=stretch)
The MBA program at MONIRBA is highly competitive, offering only 50 seats. The admission process includes a written exam, group discussion, and interview conducted by a panel that includes the city magistrate and the dean. The program's total fee is approximately 85,000 INR, including a first-year fee of 60,000 INR, a 5,000 INR refundable security deposit, and a second-year academic fee of 19,000 INR. Students receive a 35,000 INR scholarship, and those in reservation categories benefit from full fee waivers.
In 2012, the course fee was about 40,000 INR for the entire program. Placement opportunities have improved since 2017, with 10 companies recruiting 25-27 students from a batch of 50 in 2018, offering packages between 4.5 to 6.5 lakhs. However, faculty involvement in placements remains limited, with students often leveraging personal connections for opportunities. The college provides internships in cities like Lucknow, Allahabad, and Varanasi, with marketing internships offering a stipend of approximately 7,000 INR.
Although finance internships do not provide stipends, the overall course is economically feasible compared to other central universities.
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