Admission to Manipal Institute of Technology (MIT) is merit-based, determined by the Manipal Entrance Exam (MET), which tests knowledge in Physics, Chemistry, Mathematics, and English. The exam allows two attempts and uses a +2, 0 marking scheme. Counseling for seat allocation occurs in May and early June, requiring fee drafts and documents. Classes start mid-July, and the faculty consists of diverse professionals and experienced professors, though teaching quality varies by department.
Mechanical, Civil, and Mathematics faculties are noted for excellence, whereas computer-related branches may lack engagement. Fees for a four-year engineering course total approximately 20 lakh rupees, including tuition, hostel, and mess fees, posing financial challenges for mid-income families. The annual tuition fee is around 3.07 lakh for the first year and 2.97 lakh for later years. Hostel costs vary, with single non-AC and double AC rooms priced at 1.36 lakh annually, contributing to a yearly expense of 4.5 to 5 lakh rupees.
MIT's placement process is strong, attracting over 300 companies annually. Top salaries reach 54-60 lakhs per annum, especially in computer-related fields, with average packages between 6-16 lakhs. The placement rate is 80-93%, with nearly 100% placement in computer science. Major recruiters include Microsoft, Amazon, and Goldman Sachs. Internships and Pre-Placement Offers (PPOs) are common, supported by a robust alumni network. Scholarships based on merit and financial need are available, including a full tuition waiver for top MET performers and students from families earning below 3 lakhs annually.
Approximately 25% of students receive scholarships covering 20% to 100% of tuition costs. The total cost for four years, including all fees, is about 22-25 lakhs. Financial aid is supported by AICTE and other schemes, with loans easily obtainable from local banks.
Comments