Chinmaya Institute of Technology Kannur MBA Banking & Insurance: Fees 2026, Course Duration, Dates, Eligibility

Kannur, KeralaEstd 2002 Kannur University, Kannur
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Collegedunia Team

Content Curator | Updated on - Apr 27, 2026

Chinmaya Institute of Technology (ChinTech), Kannur, established under the Chinmaya Mission Educational and Cultural Trust, offers a 2-year full-time MBA programme affiliated to Kannur University with dual specialisation options. Banking and Insurance Management is one of the eight specialisation streams available under the MBA programme at ChinTech. The MBA programme spans 4 semesters with a total seat intake of 60 across all specialisations. The total course fee is approximately Rs. 2.97-2.99 Lakhs for the 2-year duration (for general candidates), with merit-based fee concessions available. Admission is based on CMAT, MAT, KMAT, or CAT scores followed by a Group Discussion and Interview. The Banking and Insurance Management specialisation is designed to prepare students for careers in banking, insurance, financial services, and related sectors, making it a sought-after programme in North Kerala's growing financial services landscape.

Admissions for the 2026-27 academic session are currently open. Applications can be submitted online at admission.chintech.ac.in. The KMAT Kerala 2026 Session 1 result has been published (March 2, 2026), and CMAT 2026 result was declared on February 13, 2026. The new MBA batch is expected to commence from August 1, 2026, as per Kannur University's academic calendar for MBA programmes. Students with valid CMAT, MAT, KMAT, or CAT scores are eligible to apply.

Key Points

  • Banking and Insurance Management is offered as a dual specialisation under the MBA programme at ChinTech, allowing students to combine it with another specialisation such as Finance or Marketing.
  • The MBA programme at ChinTech offers 8 specialisation streams: Marketing, Finance, Human Resources, Tourism and Hospitality Management, Healthcare Management, Banking and Insurance Management, Retail Management, and Airline and Airport Management.
  • The fee structure is merit-linked: students with 70%+ marks in their degree pay Rs. 60,000 per semester, while those with 60-70% pay Rs. 65,000 per semester, and others pay Rs. 70,000 per semester. University rank holders get full or 50% fee concession.
  • The institute has placement tie-ups with companies like Tata, L&T, Sutherland, Maruti Suzuki, Axis Bank, HDFC Bank, and other financial sector companies.
  • Students benefit from a free Empowerment Programme at Chinmaya Mission centres across India for holistic personality development.
  • Free sports coaching is provided in Badminton, Swimming, Lawn Tennis, Table Tennis, Zumba, Gym, Basketball, Football, Chess, Volleyball, and Self Defence.

CIT MBA Fees

Fee Structure

Fee ComponentAmount (INR)
Tuition Fee per Semester (for 70%+ marks in degree)₹60,000
Tuition Fee per Semester (for 60-70% marks in degree)₹65,000
Tuition Fee per Semester (for others)₹70,000
Total Tuition Fee - 4 Semesters (for others)₹2,80,000
Special Fee (one-time)₹12,000
Admission Fee (one-time)₹1,000
Sports Fee (one-time)₹250
University Affiliation Fee (one-time)₹200
Union Fee (one-time)₹100
Development Fee (one-time)₹50
Caution Deposit (refundable)₹5,000
Total Fees (for general candidates)₹2,98,600
  • Tuition fee is NIL for the 1st University Rank holder in any degree.
  • 2nd and 3rd rank holders pay Rs. 35,000 per semester.
  • Students with 70%+ marks in their degree pay Rs. 60,000 per semester (total tuition: Rs. 2,40,000).
  • Students with 60-70% marks pay Rs. 65,000 per semester (total tuition: Rs. 2,60,000).
  • All other students pay Rs. 70,000 per semester (total tuition: Rs. 2,80,000).
  • Only Tuition Fee is collected as semester fee from Semester 2 onwards.
  • All other charges are one-time fees paid in Semester 1.
  • Caution Deposit of Rs. 5,000 is refundable at the time of leaving the institution.
  • Hostel facility is available for both boys and girls at Rs. 5,800 per month (optional, not mandatory).
  • No donation is collected.
  • No extra fee for management quota seats.
  • Education loans are available through the Vidyalakshmi portal (www.vidyalakshmi.co.in).

CIT MBA Admission 2026

ChinTech MBA Admission Dates 2026-27

EventDate
Online Application Portal OpensOpen (Admissions 2026-27 live at admission.chintech.ac.in)
CMAT 2026 ExamJanuary 25, 2026
CMAT 2026 ResultFebruary 13, 2026
KMAT Kerala 2026 Session 1 ExamFebruary 22, 2026
KMAT Kerala 2026 Session 1 ResultMarch 2, 2026
MAT 2026 (PBT)March 1, 2026
MAT 2026 (CBT)March 8, 2026
KUK Entrance Registration Start (Tentative)May 15, 2026
KUK Entrance Exam (Tentative)June 25-30, 2026
KMAT Kerala 2026 Session 2 (Tentative)September 2026
Commencement of MBA Semester 1 (as per Kannur University calendar)August 1, 2026 (Tentative)
End of MBA Semester 1 (Tentative)January 14, 2027

Entrance Exams Accepted for MBA Admission at ChinTech Kannur

ExamConducting BodyExam DateResult
CMAT 2026NTAJanuary 25, 2026February 13, 2026
KMAT Kerala 2026 (Session 1)CEE, KeralaFebruary 22, 2026March 2, 2026
MAT 2026 (PBT/CBT)AIMAMarch 1 / March 8, 2026March 14 / March 18, 2026
CAT 2026 (Tentative)IIMsNovember 30, 2026 (Tentative)December 24, 2026 (Tentative)
KMAT Kerala 2026 (Session 2)CEE, KeralaSeptember 2026 (Tentative)To be announced

Source: chintech.ac.in, Kannur University Academic Calendar 2025-26, New Exam Dates knowledge source

Source: New Exam Dates knowledge source, cee.kerala.gov.in, nta.ac.in

The dates mentioned above are tentative and subject to change.

Eligibility Criteria

  • Bachelor's degree with a minimum of 50% marks in aggregate from a university recognised by Kannur University (in any stream).
  • Valid score in CMAT, MAT, KMAT Kerala, or CAT is required for admission.
  • Selection is based on entrance exam score, Group Discussion (GD), and Personal Interview (PI).

Admission Process

  • Appear for any one of the accepted entrance exams: CMAT, MAT, KMAT Kerala, or CAT.
  • Visit the official admission portal at admission.chintech.ac.in and fill in the online application form.
  • Submit required documents including degree marksheet, entrance exam scorecard, community/caste certificate (if applicable), Aadhaar card, and passport-size photographs.
  • Shortlisted candidates are called for Group Discussion and Personal Interview at the college campus.
  • Final admission is offered based on entrance exam score, GD, and PI performance.
  • Fee payment is to be completed at the time of admission to confirm the seat.
  • No donation is collected; no extra fee for management quota seats.

CIT MBA Scholarships 2026

Scholarship Details

ScholarshipEligibilityAmountOffered By
Chinmaya Mission ScholarshipStudents who studied in any Chinmaya Mission instituteRs. 40,000Chinmaya Mission, Kannur
Chinmaya Merit ScholarshipScored 70%+ marks in degree examinationRs. 40,000Chinmaya Mission, Kannur
Chinmaya Merit ScholarshipScored 60%+ marks in degree examinationRs. 20,000Chinmaya Mission, Kannur
University Rank Holder - Tuition Fee Waiver1st University Rank holder in any degreeFull tuition fee waiver (NIL tuition)ChinTech Kannur
University Rank Holder - Tuition Fee Concession2nd and 3rd University Rank holder in any degreeRs. 35,000 per semester (instead of Rs. 70,000)ChinTech Kannur
Chinmaya Education Cell Scholarship (CECS)80%+ aggregate marks; annual family income not exceeding Rs. 2,00,000Rs. 25,000 (maximum 2 students)CCMT, Coimbatore
Chinmaya Seva Scholarship80%+ aggregate marks; financially backward studentsRs. 25,000 (maximum 2 students)Chinmaya Mission Thrissur
Central Govt. Scholarship for Muslim/OBC StudentsMuslim and OBC candidatesPartial/full tuition fee reimbursementCentral Government
National Scholarships Portal SchemesAs per respective scheme criteriaVaries by schemeCentral/State Government (scholarships.gov.in)
AICTE Tuition Fee Waiver SchemeAs per AICTE eligibility normsTuition fee waiverAICTE
  • The Chinmaya Mission Scholarship of Rs. 40,000 is available to students who studied in any Chinmaya Mission institute OR scored 70%+ in their degree examination.
  • The merit-linked tuition fee structure (Rs. 60,000/65,000/70,000 per semester) effectively provides a built-in fee concession for academically strong students.
  • For government scholarships, students must register on the National Scholarships Portal at scholarships.gov.in.
  • Application deadlines for government scholarships are typically announced after the commencement of the academic year.
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Chinmaya Institute of Technology Kannur Latest Updates and News

06 Jun, 2026 Chinmaya Institute of Technology Kannur has extended the application deadline till Jun 13, 2026 for MBA Banking & Insurance Admission 2026-27. Read news!

CIT MBA FAQs

Ques. What entrance exams are accepted for MBA admission at ChinTech Kannur, and which is the most preferred?

Ans. ChinTech Kannur accepts CMAT, MAT, KMAT Kerala, and CAT scores for MBA admission. Among these, KMAT Kerala is the most commonly used exam by students in Kerala, as it is conducted by the Commissioner for Entrance Examinations (CEE), Kerala, specifically for management admissions in the state. CMAT (conducted by NTA) is also widely accepted. The selection process includes the entrance exam score, Group Discussion, and Personal Interview. Students who have appeared in any of these exams can apply to ChinTech Kannur for MBA admission.

Ques. What is the fee for MBA (Banking and Insurance Management) at ChinTech Kannur, and how does the merit-based fee structure work?

Ans. The total fee for the 2-year MBA programme at ChinTech Kannur is approximately Rs. 2.97-2.99 Lakhs for general candidates (paying Rs. 70,000 per semester). However, the fee is merit-linked: students with 70%+ marks in their degree pay Rs. 60,000 per semester (total tuition Rs. 2,40,000), and those with 60-70% pay Rs. 65,000 per semester. University rank holders get full or 50% tuition fee concession. One-time charges (special fee, admission fee, etc.) of approximately Rs. 13,600 and a refundable caution deposit of Rs. 5,000 are also applicable.

Ques. Is Banking and Insurance Management offered as a standalone specialisation or as a dual specialisation at ChinTech?

Ans. At ChinTech Kannur, MBA specialisations are offered as dual specialisations. This means students pursuing Banking and Insurance Management can combine it with another specialisation such as Finance, Marketing, or Human Resources. This dual specialisation approach gives students a broader skill set and makes them more versatile in the job market. The college offers 8 specialisation streams in total: Marketing, Finance, Human Resources, Tourism and Hospitality Management, Healthcare Management, Banking and Insurance Management, Retail Management, and Airline and Airport Management.

Ques. What are the career prospects after MBA (Banking and Insurance Management) from ChinTech Kannur?

Ans. Graduates of MBA (Banking and Insurance Management) from ChinTech Kannur can pursue careers in banking (public and private sector banks), insurance companies (LIC, HDFC Life, ICICI Prudential, etc.), NBFCs, microfinance institutions, stock broking firms, and financial advisory services. The dual specialisation option allows graduates to also leverage skills from their second specialisation. ChinTech's placement cell has facilitated placements in companies like Axis Bank, HDFC Bank, BSNL, and other financial sector firms. The growing BFSI (Banking, Financial Services, and Insurance) sector in India offers strong employment prospects for MBA graduates with this specialisation.

Ques. What is the seat intake for MBA at ChinTech Kannur, and is Banking and Insurance Management a popular specialisation?

Ans. The total MBA seat intake at ChinTech Kannur is 60 seats across all specialisations. Banking and Insurance Management is one of the 8 specialisation streams available. The actual number of seats per specialisation is not fixed and depends on student preferences and demand each year. Given the growing BFSI sector in Kerala and the proximity to major banking hubs, Banking and Insurance Management is a relevant and sought-after specialisation. Students are advised to contact the college directly at +91 9446090922 or [email protected] for specific seat availability per specialisation.

Ques. How does the Empowerment Programme at ChinTech benefit MBA students?

Ans. The Empowerment Programme is a unique initiative by Chinmaya Mission that focuses on the overall personality development of students. For MBA students, this programme is particularly valuable as it helps develop leadership qualities, communication skills, and a value-based approach to management. The programme is conducted at Chinmaya Mission centres across India, including locations in Himachal Pradesh, Punjab, Delhi, Pune, Chennai, and Ernakulam. The programme fee is included in the course fee structure. MBA students who complete this programme gain a competitive edge in GD/PI rounds and in their professional careers, as it instils confidence, ethical values, and a holistic worldview.

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