Master of Business Administration [MBA]
Fees
Fees at Thakur College of Engineering and Technology for the Bachelor of Technology [B.Tech] program in Artificial Intelligence & Data Science include an annual tuition fee ranging from Rs. 148,500 to Rs. 170,000. In addition to tuition, there is a university fee of approximately Rs. 5,000. Various scholarships are available, which significantly reduce the financial burden for eligible students. The Economically Backward Class (EBC) scholarship provides a 50% tuition and examination fee reimbursement for students with a family income below Rs.
8 lakhs, potentially reducing costs to approximately Rs. 65,000. Additional financial assistance is accessible through Thakur Trust, TSDW funds, and Alumni association funds for those not qualifying for EBC due to CAP round admission criteria. Furthermore, fees for general category students are around Rs. 159,000, which can be decreased to Rs. 97,000 through EBC or other category-specific scholarships. Despite opportunities for financial aid, extra charges for admission and exam forms may apply.
About Master of Business Administration [MBA]
The Master of Business Administration (MBA) at Thakur College of Engineering and Technology (TCET), Mumbai, is a 2-year full-time postgraduate program affiliated to the University of Mumbai and approved by AICTE. Established in AY 2024-25, the program offers four specializations: Finance, Marketing, Human Resource, and Operations Management, with a total intake of 180 seats. The annual tuition fee is Rs. 90,000 (total course fee Rs. 1,80,000), making it one of the more affordable MBA programs in Mumbai. Admission is primarily through MAH-MBA/MMS CET scores, with 15% All India Quota seats filled via CAT and CMAT. The program is popular for its industry-integrated curriculum, experienced faculty, and TCET's strong engineering-industry network in Mumbai.
Admissions for AY 2026-27 are currently in the counselling phase. The MAH-MBA/MMS CET 2026 exam was conducted on April 6, 7, 8 and May 9, 2026. Results are expected by June 15, 2026, followed by CAP counselling rounds tentatively from July-September 2026. Candidates who have appeared for MAH-MBA CET 2026 should register for CAP rounds on the CET Cell portal (cetcell.mahacet.org) once the schedule is announced.
Key Points
- TCET's MBA program was newly established in AY 2024-25, offering a fresh, industry-aligned curriculum under the University of Mumbai.
- Four specializations available: Finance, Marketing, Human Resource, and Operations Management.
- The program follows a 360-degree holistic approach including value-added courses, smart classrooms, industry mentoring, and computer labs.
- TCET is a NAAC "A" grade accredited, NBA-accredited, ISO 9001:2015 certified autonomous institute with strong industry tie-ups including Accenture, TATA Technologies, CISCO, INTEL, and TEXAS Instruments.
- 85% of seats are filled through Maharashtra State quota (MAH-MBA CET); 15% through All India Quota (CAT/CMAT).
- The college offers hostel facilities (optional) for both boys and girls with AC rooms, Wi-Fi, and 24x7 security.
TCET MBA Fees
Tuition and Other Charges (AY 2025-26)
| Fee Component | Amount (Rs.) |
|---|---|
| Tuition Fee | ₹81,818 |
| Development Fee | ₹8,182 |
| Sub-total (Per Year) | ₹90,000 |
| Tuition + Development Fee (2 Years) | ₹1,80,000 |
| Library Deposit (Refundable) | ₹2,000 |
| Laboratory Deposit (Refundable) | ₹3,000 |
| Total Fees (2 Years + Deposits) | ₹1,85,000 |
Hostel Fees (Optional)
| Hostel | Monthly Rent (Rs.) | Refundable Deposit (Rs.) |
|---|---|---|
| Mahadev Hostel (Boys) | ₹6,000 | ₹20,000 |
| Kelipada Students Hostel | ₹9,500 | ₹28,500 |
| ASPIRE Students Hostel (1st-5th floor) | ₹12,100 | ₹37,000 |
| ASPIRE Students Hostel (6th floor and above) | ₹14,300 | ₹40,000 |
- Library Deposit of Rs. 2,000 and Laboratory Deposit of Rs. 3,000 are refundable at the time of leaving the institute, subject to no dues.
- Hostel fees are charged on a yearly basis and are non-refundable once paid. Only the security/refundable deposit is returned upon prior notice of cancellation.
- Hostel is optional and not included in the Total Fees above.
- Fee structure shown is for AY 2025-26 (adhoc/interim). Final fees for AY 2026-27 are subject to FRA (Fee Regulating Authority) approval.
- Cancellation policy for tuition fees is as per DTE/ARA Guidelines.
TCET MBA Admission 2026
TCET MBA Admission Dates (AY 2026-27)
| Event | Date |
|---|---|
| MAH-MBA/MMS CET 2026 Registration Start | January 10, 2026 |
| MAH-MBA/MMS CET 2026 Registration End | February 12, 2026 |
| MAH-MBA/MMS CET 2026 Admit Card | March 25, 2026 |
| MAH-MBA/MMS CET 2026 Exam (Attempt 1) | April 6, 7 and 8, 2026 |
| MAH-MBA/MMS CET 2026 Exam (Attempt 2) | May 9, 2026 |
| MAH-MBA/MMS CET 2026 Result | June 15, 2026 (Tentative) |
| CAP Registration and Document Verification | July 12 - August 1, 2026 (Tentative) |
| Provisional Merit List | August 4, 2026 (Tentative) |
| Final Merit List | August 9, 2026 (Tentative) |
| CAP Round 1 Online Submission | August 10-12, 2026 (Tentative) |
| CAP Round 1 College Allotment | August 14, 2026 (Tentative) |
| Reporting to College after CAP Round 1 | August 16-18, 2026 (Tentative) |
| CAP Round 2 Online Submission | August 20-22, 2026 (Tentative) |
| CAP Round 2 College Allotment | August 24, 2026 (Tentative) |
| Reporting to College after CAP Round 2 | August 25-27, 2026 (Tentative) |
| CAP Round 3 Online Submission | August 30 - September 2, 2026 (Tentative) |
| CAP Round 3 College Allotment | September 3, 2026 (Tentative) |
| Final Admissions by College | September 12, 2026 (Tentative) |
Entrance Exam Dates
| Exam | Event | Date |
|---|---|---|
| MAH-MBA/MMS CET 2026 | Exam (Attempt 1) | April 6, 7 and 8, 2026 |
| MAH-MBA/MMS CET 2026 | Exam (Attempt 2) | May 9, 2026 |
| MAH-MBA/MMS CET 2026 | Result | June 15, 2026 (Tentative) |
| CAT 2025 (All India Quota) | Exam Date | November 30, 2025 |
| CAT 2025 (All India Quota) | Result | December 24, 2025 |
| CMAT 2026 (All India Quota) | Exam Date | January 25, 2026 |
| CMAT 2026 (All India Quota) | Result | February 13, 2026 |
The dates mentioned above are tentative and subject to change.
Eligibility Criteria
- Candidates must be graduates of minimum 3 years duration in any discipline recognized by AIU, with a minimum of 50% marks in aggregate (45% for backward class categories and persons with disability belonging to Maharashtra State only).
- Candidates must have appeared for MAH-MBA/MMS CET conducted by DTE Maharashtra (for 85% Maharashtra State quota seats).
- For 15% All India Quota seats: valid CAT score (conducted by IIMs) or CMAT score (conducted by AICTE) is required.
Admission Process
- Appear for MAH-MBA/MMS CET 2026 (primary exam for Maharashtra quota) or CAT/CMAT (for All India quota).
- Register on the CET Cell portal (cetcell.mahacet.org) for CAP rounds after result declaration.
- Submit documents for physical verification at the designated State Common Entrance Test Cell (SC) centre.
- Participate in online CAP rounds (choice filling) based on merit list.
- Accept allotted college and report to TCET for admission confirmation.
- Submit Transfer Certificate, Migration Certificate (if from another university), and domicile certificate (for Maharashtra candidates).
- Pay fees and complete enrollment formalities at TCET.
TCET MBA Scholarships 2026
Scholarships
| Scholarship | Eligibility | Amount |
|---|---|---|
| Rajarshi Chhatrapati Shahu Maharaj Shikshan Shulk Shishyavrutti Yojana (EBC) | Annual family income up to Rs. 8 lakh; Maharashtra domicile | Tuition fee reimbursement (up to Rs. 25,000 per year) |
| Government of Maharashtra - SC/ST Post-Matric Scholarship | SC/ST category students; Maharashtra domicile | Full tuition fee + maintenance allowance |
| OBC/VJNT/SBC Post-Matric Scholarship | OBC/VJNT/SBC category; annual family income up to Rs. 1 lakh | Tuition fee reimbursement + maintenance allowance |
| Minority Community Scholarship (Government of Maharashtra) | Minority community students; annual family income up to Rs. 2 lakh | Tuition fee support |
| Dr. Panjabrao Deshmukh Hostel Maintenance Allowance | SC/ST students residing in hostel | Hostel maintenance allowance as per government norms |
| Reliance Foundation UG and PG Scholarships | Merit-cum-means basis; open to all categories | Up to Rs. 2 lakh per year |
| SBI Platinum Jubilee Asha Scholarship | Economically weaker students | As per SBI scheme norms |
| Tata Trusts Means Grant Scheme | Economically weaker students | As per Tata Trusts norms |
| Late Dr. Sharvari Priya Ravindra Kulkarni Scholarship | TCET students; merit-cum-means basis | As per institute norms |
- All government scholarships (EBC, SC/ST, OBC, Minority) are applied through the MahaDBT portal (mahadbt.maharashtra.gov.in). Applications for AY 2025-26 were open until June 30, 2026.
- Students must apply for scholarships within the stipulated deadlines on MahaDBT; late applications are generally not accepted.
- Scholarship amounts are credited directly to the student's bank account after verification.
- The Reliance Foundation, SBI, and Tata Trusts scholarships are applied separately through their respective portals/TCET scholarship cell.
- For institute-level scholarships (Dr. Sharvari Kulkarni), students must apply through TCET's scholarship cell as per the circular issued each year.
As mentioned, TCET Mumbai offers admission to MBA program based on MAHCET percentile. TCET Mumbai MAHCET Cutoff 2025 percentile is 96.34 for the AI category. Further, MAHCET cutoff percentile is 94.33 for GOPENS , 10.88 for MI and 94.92 for TFWS category. Check TCET Mumbai Cutoff
TCET Mumbai MBA Cutoff Year-wise Trends
The section below shows year-wise trends in TCET Mumbai MBA Cutoff. According to year-wise trends, admission to the TCET Mumbai MBA program in 2025 was closed at the 96.34 percentile , whereas in 2024, the closing percentile was 97.96 across all categories.
| Catgories | Cutoff percentile 2025 | Cutoff percentile 2024 |
|---|---|---|
| AI | 91.1 | 97.96 |
| GOPENS | 91.56 | 92.01 |
| MI | 2.05 | 89.94 |
| TFWS | 93.09 | 91.03 |
TCET MBA FAQs
Ques. Is TCET's MBA program recognized and affiliated? What is the value of the degree in the job market?
Ans. TCET's MBA program is approved by AICTE and affiliated to the University of Mumbai, which is one of India's oldest and most recognized universities. The degree carries the same value as any University of Mumbai MBA degree. Since TCET is an autonomous institute with NAAC "A" grade accreditation and strong industry connections (Accenture, TATA Technologies, CISCO, etc.), the degree is well-regarded, especially for roles in Mumbai's corporate sector. However, since the MBA program was only established in AY 2024-25, placement track records specific to MBA are still being built.
Ques. What MAH-MBA CET percentile is typically required for admission to TCET's MBA program?
Ans. TCET's MBA program, being a relatively new program (started 2024-25) with a large intake of 180 seats, is generally accessible to candidates with moderate MAH-MBA CET scores. Based on general trends for Mumbai colleges with similar profiles, candidates with 70-85 percentile in MAH-MBA CET typically secure admission. For the All India Quota (15% seats), a valid CAT or CMAT score is required, and the threshold is comparatively lower than top-tier IIMs or JBIMS. It is advisable to check the official DTE Maharashtra CAP allotment lists once published for exact cutoffs.
Ques. Can students from outside Maharashtra apply for TCET's MBA program?
Ans. Yes, students from outside Maharashtra can apply under the 15% All India Quota (OMS - Outside Maharashtra State) seats. These seats are filled through CAT (conducted by IIMs) and CMAT (conducted by AICTE) scores via the DTE Maharashtra CAP process. OMS candidates are not required to appear for MAH-MBA CET but must register on the CET Cell portal during CAP rounds. Note that OMS candidates are not required to submit a domicile certificate but must produce their graduation marksheets and migration certificate.
Ques. What specializations are available in TCET's MBA program and how are they allocated?
Ans. TCET's MBA program offers four specializations: Finance, Marketing, Human Resource (HR), and Operations Management. Specialization allocation is typically done at the end of the first year based on student preference and academic performance. Finance and Marketing are generally the most sought-after specializations. The curriculum for each specialization includes core management subjects in the first year and specialization-specific electives in the second year, along with a mandatory industry internship/project.
Ques. Is hostel accommodation guaranteed for MBA students at TCET?
Ans. Hostel accommodation at TCET is available but not guaranteed - it is subject to availability. TCET has multiple hostel options managed by Zagdusingh Charitable Trust, including Mahadev Hostel (Boys), Kelipada Students Hostel, and ASPIRE Students Hostel (co-ed). Monthly rents range from Rs. 6,000 to Rs. 14,300 depending on the hostel and floor. Students interested in hostel accommodation should apply early (typically at the time of admission in August-September) as seats are limited. Hostel fees are paid yearly and are non-refundable.
Ques. What is the fee refund policy if a student cancels admission after joining TCET's MBA program?
Ans. Fee refund for MBA admissions at TCET follows the DTE/ARA (Admission Regulating Authority) guidelines of Maharashtra. Under these rules, if a student cancels before the last date of admission, a proportionate refund is given after deducting a processing fee. If cancellation happens after the last date of admission, the refund amount reduces significantly. The Library Deposit (Rs. 2,000) and Laboratory Deposit (Rs. 3,000) are refundable upon leaving the institute with no dues. Hostel fees, once paid, are non-refundable under any circumstances; only the security deposit is returned with prior notice. Students are advised to carefully review the DTE refund schedule before cancelling admission.