• COIMBATORE INSTITUTE OF MANAGEMENT AND TECHNOLOGY
  • Autonomous | Affiliated to Bharathiar University | Approved by AICTE | Re- accredited by NAAC
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Master of Business Administration

MBA Eligibility

A bachelor’s degree in Arts / Commerce / Science (3 years program) or Engineering / Technology (4 years program) Dental / Medicine (5 years)awarded by any recognized Indian University / AICTE with at least 50% (45% in case of candidate belonging to reserved category) at the qualifying Examination is eligible for the MBA program as per the regulations of Bharathiar University.

The Candidate can apply while they are in final year of graduation. If The Candidate get through the selection process, they will be given provisional admission on the condition that they provide their mark sheet and a certificate of passing by a specific date.

The application form may be filled in clearly with all the required details. The indicated attachments are to be sent along with the application to the admissions office of CIMAT.

Admissions to the Government Quota are handled by the Directorate of Technical Education, Government of Tamil Nadu. Students who would like to join CIMAT in the government quota will have to take the Tamil Nadu Common Entrance Test (TANCET) conducted by Anna University, Chennai.

The single-window counselling usually takes place in July / August every year at the Government College of Technology, Coimbatore (Online/offline).

Click here--> MBA Application Form

Open / Management Quota

Admissions under the Management Quota to CIMAT are made purely on merit. Admissions to the Management Quota are handled by the Management. Candidates will be required to appear for the Common Entrance Test (CET) conducted by Association of Self Financing Arts, Science and Management College in Tamilnadu(ASFASM). Candidates will be shortlisted for Personal Interview based on their performance in the Common Entrance Test (CET). Final selection will be based on overall performance in i) Common Entrance Test (CET), ii) Personal Interview & iii) CAT / XAT / GMAT (if available), along with prior work experience, and previous academic history.


FEE STRUCTURE FOR THE ACADEMIC YEAR 2022-2023

COURSES DESCRIPTION FEES
PG COURSES
MBA Tuition Fees 1 Year 70000
RESEARCH PROGRAMME
M.Phil. (Management) FT/PT Tuition Fees 1 Year 15000
Ph.D. (Management) FT/PT Tuition Fees 1 Year 25000
HOSTEL FEES
Twin Sharing rent & Mess Fees 1 Year 65000
APPLICATION
Application Fees Non-Refundable 1000
Admission Fees Non-Refundable 6000

Educational Loan

Student loans, also known as Education loans or higher education loans, are financial aids provided by the Private financial institutions, Banks and Government organizations to help the needy but otherwise eligible students to attain higher education in reputed professional institutes. It is designed to help students pay for college tuition, books, and living expenses. Unlike other financial aids like scholarships, grants, and stipends, a student loan must be repaid by the recipient, although with more ease than the other loans. Most of these loans are to be repaid after completing the course of education.


Current Scenario

Some two decades ago, it used to be a big question in the minds of middle-class families how to fund higher education for their otherwise intelligent and desiring wards. There were a few government aids in the form of scholarships, but those were too few to give a chance to many. Gone are when one had to run from pillar to post to borrow money to fund their study. Today we have the facility of bank loans for education, thanks to the government's policies which enable a deserving candidate the ever-important higher/professional education.


How does it help?

Education costs, especially for higher education, have increased to such an extent in the last couple of decades that it has become challenging for the middle class and the upper-middle class to bear the educational expenses. Thus, student loans come in handy for people with financial constraints to a large extent. Most of us require student educational loans either for higher studies in the country or for overseas professional studies in developed countries. Although these students' educational loans have made the distant dream of higher education a practical reality, the applicants should keep in mind that paying off student loans is students' responsibility after completing their education.


Points to be noted before Applying

The first thing you need to determine before applying for a student loan is how much amount you have and how much more you would need to take the loan to meet your requirement, considering the tuition fee and boarding and lodging expenses, etc. Thus, all the possible costs should be calculated precisely before taking the loan. After determining how much loan you require to meet all your expenses, the second thing to finalize is the type of loan you should take.


Types of Loans

Broadly student loans can be classified into two main categories i.e. Government loans, also known as federal loans (in the USA) provided by Government banks or other government financial institutes and Private loans, i.e. loans provided by private institutions. Usually, Government loans are preferred by the students mainly because of the lesser interest rate. Besides, the governments highly subsidized these loans to encourage students to higher studies. Moreover, these loans require the interest to be paid after completion of education, and that too is in easy to pay instalments. Students or their parents may also consider obtaining an education loan from a private institution. But before going for this option, you should carefully check the reputation of the financial institutions and look for those institutions giving loans at competitive interest rates. Thorough research on all the terms and conditions regarding the payback etc. should be done before going for such loans. Once decided on the amount of the education loan and the agency from which to sanction this loan, the question is how to get the loan.


How to apply?

The first thing you need to determine before applying for a student loan is how much amount you have and how much more you would need to take a loan to meet your requirement, considering the tuition fee and boarding and lodging expenses etc. Thus, all the possible costs should be calculated precisely before taking the loan. After determining how much loan you require to meet all your expenses, the second thing to finalize is the type of loan you should take.


Purposes for which a student can apply for education loan are Eligibility for apply Student education loan
1. Tuition and other fees 1. Should be an Indian citizen.
2. Maintenance costs, books & equipment, etc. 2. Secured admission to professional/ technical courses through Entrance Test/ Selection process
3. Cost of passage (for studies abroad) 3. Secured admission to foreign university/ Institution
4. Caution fund/building fund/refundable deposit. 4. Secured admission to foreign university/ Institution

Repayment of loan

Repayment Holiday – Course period + 1 year or six months after getting a job, whichever is earlier. The loan is to be repaid in 5-7 years after commencement of repayment Prepayments are permitted without penalty.


The repayment schedule of an education loan

The loan period is determined on the merits of each case but usually would not exceed five years. The repayment can also be accelerated on completion of the course, considering the student's earning capacity.

Once completed your education and joined a job, it is your turn to repay your debts as early as possible. It cannot be considered sensible to take loans for a couple of years and keep on repaying for the next 10-15 years, and one cannot escape the educational loan in any scenario. Thus paying off the student loan as early as possible will be sensible to maintain your credibility and avoid worries in future.


Student education loan Rate of Interest

  • Loans are given to students who are citizens of India.
  • The student should have a consistently good academic record and admission to an approved Educational Institute for pursuing a recognized course.
  • Students should have an earning parent/guardian as a co-applicant to the loan.
  • Applicant should be a student of selected leading national educational institutions.

  • Eligibility to apply for student educational loan

  • Loans are given to students who are citizens of India.
  • The student should have a consistently good academic record and admission to an approved Educational Institute for pursuing a recognized course.
  • Students should have an earning parent/guardian as a co-applicant to the loan.
  • Applicant should be a student of selected leading national educational institutions.

  • Click here--> Management Quota Application Form