Check Eligibility, Criteria, Withdrawal, Fees (2023)

TAPMI, a premier B school with AACSB and AMBA accreditations, completed the application for admission to the MBA 2023 on January 31st. As a member of Manipal Academy of Higher Education (MAHE), TAPMI recorded an average salary of Rs.12.60 EPS in 2022 placement and scholarship offers valued at Rs.2.9 Crores. TAPMI offers 5 MBA programs: MBA (General), MBA (BKFS), MBA (HRM), MBA (Marketing) and MBA (International Business) and accepts CAT 2022/XAT 2023/ GMAT/ NMAT 2022 results

TAPMI, T.A. Pai Management Institute, Manipal, one of the preferred and highly rated management institutes with AACSB and AMBA accreditation, closed its application for MBA 2023-25 ​​stack on January 31st. TAPMI Manipal has a strong placement record with Average Salary rising to Rs. 12.60 EPS in 2022. TAPMI is now a Constituent Management Institute of Manipal Academy of Higher Education (MAHE) WEF 1st August 2021 and all 5 PGDM- offered by TAPMI Programs are MBA degrees and students receive an MBA degree instead of a graduate degree.

TAPMI MBA Admission 2023: Know More

Placements of Manipal TAPMI: Highlights

  • 36 year unbroken record of 100% placement
  • Average salary of Rs.12.60 EPS
  • Highest salary up to Rs. 32.20 LPA
  • Top recruiters include Accenture, ABInBev, Capgemini, Cognizant, Crisil, Deloitte, EY, HCL, Goldman Sachs, Tata, Virtusa, KPMG.

Read more details on TAPMI locations below

T.A. Pai Management Institute (TAPMI) Manipal has a 38-year heritage rooted in a value system that embodies ethical behavior, respect for diversity and a pursuit of excellence in all aspects of life. The B-School has an unbroken placement record. One fifth of the more than 7,000 alumni currently lead the CXO levels. TAPMI is consistently ranked in the top 1% of B schools in India. TAPMI accepts CAT 2022, XAT 2023 and GMAT scores for admission to all five MBA programs starting in 2023. Read this exclusive MBAUniverse.com Article for full details on TAPMI MBA Admission 2023, Top USP, Programs, Fees , placement, selection process and much more.

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Index
In this article we cover:

  1. Highlights of TAPMI Manipal Key and USP
  2. Programs and specializations TAPMI MBA
  3. TAPMI Administrative Fees
  4. TAPMI handle seats
  5. TAPMI Manipal-Fittings
  6. TAPMI MBA-Scholarship
  7. TAPMI Manipal Eligibility Criteria 2023
  8. How to apply for admission to TAPMI Manipal 2023? step-by-step process
  9. TAPMI Manipal Admission Dates for MBA 2023-25​​Batch
  10. Eligibility Criteria Manipal TAPMI

First, let us explain why you should consider and apply to TAPMI 2023 along with other top schools.

1. Main Highlights and USP of TAPMI Manipal

  • 1.1 Accreditation:TAPMI is double internationally accredited. It is accredited by the Association to Advance Collegiate Schools of Business (AACSB) International and the Association of MBAs (AMBA). TAPMI is accredited by the NBA and recognized by the All India Council for Technical Education (AICTE) and the Association of Indian Universities (AIU).
  • 1.2 High-level:TAPMI is consistently ranked in the top 1% of B schools in India. TAPMI ranks 38th in Government of India, MHRD NIRF Rankings 2022 Top 125 Business Schools in India; It is ranked 20th in MBAUniverse.com B School Ranking 2022 among the best B Schools in India.
  • 1.3 Strengths of TAPMI Manipal:TAPMI has an unbroken placement record of 100% over the past 36 years. The total average salary for the 2020-22 batch was Rs. 12.60 EPS and the highest salary is Rs. EPS 32.2
  • 1.4 Main recruiters:Top recruiters in TAPMI's 2022 ranking include Accenture, ABInBev, Capgemini, Cognizant, Crisil, Deloitte, EY, HCL, Goldman Sachs, Tata, Virtusa, KPMG, PwC, ICICI Bank, JP Morgan Chase, Morris Garages, Airtel , I.T.C
  • 1.5 Leadership through value creation:TAPMI's MBA program focuses on “Leadership through Value Creation”. The program aims to create “valuable leaders” through a deep 360° understanding of business through cross-functional blended learning.
  • 1.6 Alumni, Young-Leaders-Programm, Global Expo:TAPMI has 7,000 successful alumni worldwide, more than 1/5 of themºcurrently at the top of the CXO tiers. The TAPMI MBA offers the Young Leader Program, which focuses on leadership development through paid executive internships with CXOs in Period VI. With a global presence in the best universities and institutes abroad, TAPMI offers a personalized assessment and capacity building service through FAS, CAS and LADC.
  • 1.7 Innovative Pedagogy:TAPMI practices academic rigor and relevance. TAPMI provides students with comprehensive business knowledge and prepares them for the business from day one. TAPMI's pedagogical approach offers experiential learning. The curriculum is results-oriented and designed to teach students through real-world experiences. Courses based on practical cases, business games, management in practice (MIP), brand scan and exchange programs. This takes students beyond the four walls of the classroom and instills leadership skills that in turn enable them to meet business challenges head-on.

2. TAPMI MBA Programs and Specializations
TAPMI offers the following 2-year full-time MBA programs:

  • Master of Business Administration (MBA)
  • Master of Business Administration - Banking and Financial Services (MBA-BKFS)
  • Master of Business Administration - Human Resource Management (MBA-HRM)
  • Master in Business Administration - Marketing (MBA-Marketing)
  • Master of Business Administration - International Business (MBA-IB)

2.1 TAPMI MBA Programs: Highlights and Specializations
The five MBA programs offered by TAPMI are the most in-demand full-time management programs. The five TAPMI MBA programs are approved by AICTE and AIU

2.1.1 Master of Business Administration (MBA)
The MBA program is designed to challenge students to go beyond their limits and redefine their boundaries to achieve business excellence. Every aspect of a student's life during this two-year period involves experiential learning and decision making with the resulting outcomes. TAPMI MBA offers specializations in Analytics, HR, Finance, Operations, IT and Systems, International Business

2.1.2 Master of Business Administration - Banking and Financial Services (BKFS)
The MBA-BKFS program aims to train financial sector professionals capable of managing change around the financial sector. The program is based on a unique and up-to-date curriculum that develops students' skills and knowledge in banking and finance. Major program specializations include finance and banking.

2.1.3 Master of Business Administration - Human Resources Management (HRM)
The MBA-HRM program aims to develop transformative HR leaders capable of motivating next-generation companies as well as millennials to achieve their goals together. The program is being developed in partnership with the Society for Human Resource Management (SHRM), the world's largest professional human resources society. The main area of ​​specialization is Human Resources.

2.1.4 Master of Business Administration - Marketing
The MBA Marketing program aims to train marketing professionals to assume leadership roles in marketing, sales and customers in various sectors of the economy. With a strong faculty base in the sales and marketing role and mentoring from alumni, the program aims to provide students with deeper knowledge and hands-on guidance in sales and marketing. The main areas of specialization are sales and marketing, digital marketing

2.1.5 Master of Business Administration – International Business
The mission of TAPMI's new Master of Business Administration program in International Business, launched in 2022, is Global Leadership Through Innovation and Integrated Value Creation. TAPMI aims to create diverse global leaders with a cross-functional and cross-cultural focus. The program aims to achieve results in mastering international business with enhanced functional skills in multi-country contexts. Take initiatives under global uncertainty, with minimal guidance and oversight; persistence in unfamiliar contexts, topics and platforms, especially international ones; Ability to interact and collaborate with people from different cultures; Communicate arguments clearly and listen to feedback; Understand the need and value of contribution beyond personal goals and achievements, and reflect when making decisions, and limit the need to be influenced by immediacy or other types of cognitive bias.

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3. TAPMI Manipulated Fees
TAPMI's administration fees for all MBA programs are as follows:

program

TAPMI Administrative Fees

Master of Business Administration

Rs. 16.50.000

MBA-BKFS

Rs. 16.50.000

MBA-HRM

Rs. 16.50.000

MBA-Marketing

Rs. 16.50.000

MBA - International Business

Rs. 16.50.000

These TAPMI fees apply to all MBA programs. However, students are required to pay other deposits and fees as follows:

  • Lifetime Alumni Membership Fee: Rs. 20,000
  • Security Deposit (Refundable): Rs.40,000
  • International Immersion Program: Rs. 80,000 (Only for students enrolled in MBA and MBA-IB program)
  • SBI & BSE Training Cost: Rs. 50,000 (only for students enrolled in MBA program - BKFS)

4. TAPMI Manipal seats
TAPMI Manipal vacancies for each MBA program are shared below

program offered

Standing Boat TAPMI MBA

Master of Business Administration

420

MBA (BKFS)

60

MBA (GRH)

60

MBA (Marketing)

60

MBA (International Business Administration)

60

5.Manipulation Placements TAPMI 2022
TAPMI has an unbroken placement record of 100% over the past 36 years. TAPMI student Manipal received a salary offer of Rs. 32.20 lakhs in 2022 placement while the average total salary was Rs. 12.60 EPS.

5.1 Highlighted Aspects of TAPMI Placement in 2022

highlights

PGDM (general)

PGDM (BKFS)

PGDM (Marketing)

Lot size 2020-22

392

59

56

Number of students who have opted out

4

2

Number of placed students

388 (100% placed)

59 (100% placed)

54 (100% placed)

average salary

R$ 12,50 LPA

R$ 12,60 LPA

R$ 11,60 LPA

Higher income

25.60 rupees LPA

R$ 32,20 LPA

18 rupees LPA

PPOs offered

69

--

--

Number of recruiters

101

Combined placement process

Combined placement process

Highest Salary PPO

25 rupees LPA

--

--

Average Salary-PPO

Rs. 13 LPA

--

--

Salary increase for experienced students

3,36 mal

3,4 mal

3,7 mal

Average salary for freshmen

11.6 rupees EPS

--

--

Average salary for students with work ex

R$ 12,8 LPA

Rs.13.1 LPA

12 rupees LPA

Main recruitment sector

IT and analytics: 36% of the placed students

Combined locations

Combined placement process

Top-Recruiter

Accenture, ABInBev, Capgemini, Cognizant, Crisil, Deloitte, EY, HCL, Goldman Sachs, Tata, Virtusa, KPMG

Accenture, Citi Bank, PwC, ICICI Bank, JP Morgan Chase, Crisil, Deloitte, EY, KPMG, Capgemini

Morris Garagens, Airtel, ITC, EY, Titsn, Cognizant, ICICI Bank, Accenture, HCL, Deloitte

6. TAPMI MBA-Scholarship
TAPMI appreciates and appreciates merit and awards scholarships to deserving students. For deserving students, TAPMI offers awards and scholarships up to Rs.2.9 crore. under dr Ramdas Pai offers TAPMI scholarships worth more than Rs. 2.4Millions,50 students of the lot benefit. The scholarship corresponds to a fee waiver of 30% of the tuition fees per year.

TAPMI also offers Academic Merit Awards and other scholarships including the T A Pai Honor Roll for Academic Excellence, TAPMI Achiever of the Year, Dean's Honor Roll, TAPMI SHRM Scholarships, CFA/FRM/CMT Scholarships, and YLP Scholarships. The main details of the scholarship are as follows:

bag name

Eligibility/Award Criteria

market value

Brief description and further details

dr Merit Scholarship Ramdas Pai – Category I

[10]: By gender

Top 10 Results [CAT/XAT/GMAT/NMAT]

[10]: Based on score

Top 10 Results [CAT/XAT/GMAT/NMAT]

30% of the total monthly fee

for 20 students

dr Merit Scholarship Ramdas Pai – Category II

90th percentile and above on entry test result &; Gross household income (before tax) below Rs 10 lakh.

30% of the total monthly fee

for 10 students

Dr. ASH. Merit fund. Ramdas Pai – Category III

88th percentile and above on entry test score &; Gross household income (before tax) under Rs 8 lakhs.

30% of the total monthly fee

for 10 students

Dr. ASH. Merit fund. Ramdas Pai – Category IV

gross household income (before taxes) of less than Rs 7 lakhs; No evaluation criteria for the entrance test

30% of the total monthly fee

for 10 students

7.TAPMI Manipal Eligibility Criteria 2023

  • TAPMI Manipal's eligibility criteria require the applicant to have a bachelor's degree of a minimum duration of 3 years with at least 50% grades or CGPA equivalent
  • TAPMI uses CAT/XAT/GMAT scores to shortlist candidates for MBA programs. Therefore, the candidate must have registered for CAT 2022/XAT 2023 or taken the GMAT and perform well to qualify for admission.
  • If grades/CGPA are assigned to the candidate instead of grades, equivalence to determine eligibility for admission to the PGDM will be based on equivalence attested by the institution/university where the degree was obtained. If the institution/university does not have a system for converting CGPA into equivalent qualifications, TAPMI would determine equivalence by dividing the CGPA achieved by the maximum possible CGPA and multiplying the result by 100 to confirm the candidate's eligibility.
  • An applicant attending the final year of the undergraduate/equivalent proficiency test and those who have completed the degree requirements and are awaiting the results are also eligible to apply for admission to the TAPMI 2023.
  • It is mandatory that the final year student deemed provisionally admitted and admitted by TAPMI submits the final exam grade sheet and grade certificate on the date set and announced by TAPMI. Admission will be canceled if they get less than 50% in their grade).

The TAPMI Manipal 2024 admissions process is likely to remain the same as this year and those who are not eligible to apply now can apply for TAPMI Management Institute (TAPMI) TAPMI Manipal 2024 admissions by referring to this article .

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8. How do I apply for admission to TAPMI 2023?
TAPMI Manipal Application for MBA Admission 2023 must be submitted online. TAPMI Deadline for applications is December 20, 2022. There is one common application form for all 5 MBA programs.

TAPMI MBA Admission 2023: Know More

8.1 Key points to consider in the TAPMI application process

  • TAPMI does not accept applications in paper mode. All applications must be submitted online.
  • Applicants have the option of paying the application fee by direct debit/credit card/online or by online banking payment service.
  • The TAPMI website will guide you through the application process as well as the online payment process.
  • The above procedure may change depending on the news.
  • All disputes related to admission to these programs are under the exclusive jurisdiction of Udupi.
  • The registration fee is non-refundable.
  • TAPMI uses CAT/XAT/GMAT scores to select candidates for your MBA. The IIMs, XLRIs and GMACs play no part in the selection process or in the operation of the program.
  • There is no “administrative fee” at TAPMI.

8.2 TAPMI Registration Fee
The TAPMI application fee is as follows:

Number of programs applied

registration fee

GST Fees

For an MBA program

1850 rupees/-

18% additional VAT

Up to two MBA programs

2450 rupees/-

18% additional VAT

Three MBA programs

3,200 rupees/-

18% additional VAT

Vier MBA-Program

Rs. 4.000/-

18% additional VAT

TAPMI Last Application Date: Closed on January 31, 2023
TAPMI's deadline to apply for approval in 2023 was January 31, 2023. TAPMI accepts 2022 CAT Score, 2023 XAT Score, 2022 NMAT Score, 2022 GMAT Score at approval. If you have taken one of these exams, you can apply for admission in 2023.

9. Manipal TAPMI Admission Dates 2023
The key revenue dates of TAPMI Manipal for batch 2023-25 ​​are

TAPMI MBA Admission 2023 Activity

Deadline

Start of application for approval TAPMI 20235. November 2022
TAPMI Deadline for Application for Authorization 2023January 31, 2023 (closed)

Notice of Restricted List of TAPMI Approvals

Immediately

Daten des TAPMI Final Admission Selection Process

Immediately

TAPMI Admissions 2023 First Final Shortlist Announcement

Immediately

Beginning of the first year of the MBA I

Immediately

10. TAPMI 2023 Eligibility Criteria: Key Points
The TAPMI 2023 admission criteria for all five MBA programs are the same. The eligibility criteria, selection process, and TAPMI weightings used to generate the final list of achievements are the same for all programs. Admission to TAPMI is a three-step process that includes taking the CAT/XAT/GMAT, pre-selection based on test scores and profile, and the final selection process. Let's understand each step of the TAPMI MBA admission process

  • Step 1:Pass at least one of the acceptable entrance exams and apply for admission to TAPMI
  • Step 2:Check the list of TAPMI finalists for the last selection round
  • Level 3:Participate in the final selection round.

TAPMI MBA Admission 2023: Know More

Below is the detail of each step of the TAPMI eligibility criteria and selection process

10.1 Step-1 Register and take the MBA CAT/XAT/GMAT entrance exam and apply for TAPMI
The candidate must register and sit one of the three exams, viz. CAT 2022, XAT 2023 or GMAT (taken from 2018 to February 2023). The TAPMI 2023 eligibility criteria states that the institute accepts results from CAT 2022/XAT 2023 and GMAT exams for eligibility.

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10.1.1 Apply separately for TAPMI approval 2023

  • Apply online for admission to TAPMI 2023 with the required application fee.
  • Provide your CAT/CHAT/GMAT registration number

10.2 Step 2 Approval TAPMI 2023: pre-selection and selection criteria
TAPMI selects candidates based on their CAT/XAT/GMAT test scores and profile for the final selection round as detailed below. TAPMI divided the pre-selection criteria for candidates with less than 20 months of work experience and for candidates with more than 20 months of work experience. Students will be informed of the shortlist decision by email to their registered email address.

10.2.1 TAPMI pre-selection criteria for candidates with less than 20 months of work Ex
Selection criteria for applicants with less than 20 months of professional experience as of March 31, 2023 are based on the TAPMI cutoff score for CAT/XAT/GMAT exams and academic achievement

10.2.1.2 Gerichtsebene: Vestibular MBA

Vestibular MBA

TAPMI cut

gatto 2022

85th percentile

MAP 2023

85th percentile

GMAT (2018-February 2023)

630

*Subject to change

10.3 Stage 3: Participate in the final selection round.
The final selection process in TAPMI 2023 admissions consists of a moderated group discussion (MGD) and a personal interview (PI). The key details of each component of the 2023 TAPMI approval are as follows:

10.3.1 Moderated group discussions (MGD): Moderated group discussions involve 6 candidates per group and the discussion is moderated by the faculty board. Its aim is to assess the candidate's ability to interact within a group and to enrich the discussion. The MGD aims to assess the candidate's skills in problem solving, confidence and assertiveness, persuasion, collaboration and communication. MGD topics are based on current events/topics that have been discussed over the past five years.

10.3.2 Personal Conversation (IP): TAPMI's goal when conducting an in-person interview is to understand the candidate's attitude towards management education. Make sure that TAPMI conducts the personal behavioral interview itself. TAPMI assesses the candidate's skills in self-awareness, self-management, social awareness, leadership and communication.

10.3.3 Creation of the final performance list for the TAPMI 2022 approval
Final candidate selection is based on MBA entrance exam score, academic profile, work experience, MGD score and PI score. The components and the respective weights for each of them are shared below.

Components

weight percent

Valid grades for the entrance exam

35

Academic performance grade (in X, XII, Undergraduate)

15

Moderated group discussion/personal interview

45

Emphasis on gender diversity and extracurricular activities

5

In total

100

The T.A. Pai Management Institute, known as TAPMI, is located in the student town of Manipal, Karnataka. TAPMI's MBA programs offer a great learning experience. Founded in 1980, TAPMI is one of the leading management institutes in India. TAPMI is the 5ºInstitution in India accredited by AACSB and Association of MBA (AMBA).TAPMI MBA Admission 2023: Know More

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Stay tuned to MBAUniverse.com for more updatesManipal TAPMI

FAQs

What are the rules for withdrawing from an IRA? ›

Generally, early withdrawal from an Individual Retirement Account (IRA) prior to age 59½ is subject to being included in gross income plus a 10 percent additional tax penalty. There are exceptions to the 10 percent penalty, such as using IRA funds to pay your medical insurance premium after a job loss.

What are the exceptions to the 10% early withdrawal penalty? ›

Exception to 10% Additional Tax
ExceptionThe distribution will NOT be subject to the 10% additional early distribution tax in the following circumstances:Qualified Plans (401(k), etc.)
Ageafter participant/IRA owner reaches age 59½yes
Automatic Enrollmentpermissive withdrawals from a plan with auto enrollment featuresyes
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Sep 19, 2022

How do I avoid a 401k withdrawal penalty? ›

Here are the ways to take penalty-free withdrawals from your IRA or 401(k)
  1. Unreimbursed medical bills. ...
  2. Disability. ...
  3. Health insurance premiums. ...
  4. Death. ...
  5. If you owe the IRS. ...
  6. First-time homebuyers. ...
  7. Higher education expenses. ...
  8. For income purposes.
Dec 7, 2022

Can I withdraw from my IRA in 2022 without penalty? ›

Section 2022 of the CARES Act allows people to take up to $100,000 out of a retirement plan without incurring the 10% penalty. This includes both workplace plans, like a 401(k) or 403(b), and individual plans, like an IRA.

Can I transfer money from my IRA to my checking account? ›

You can transfer all the funds in your IRA or only a portion. And you can make as many moves as you want.

Can I withdraw money from IRA anytime? ›

You can take distributions from your IRA (including your SEP-IRA or SIMPLE-IRA) at any time. There is no need to show a hardship to take a distribution. However, your distribution will be includible in your taxable income and it may be subject to a 10% additional tax if you're under age 59 1/2.

How do I avoid early withdrawal penalty? ›

You can avoid the early withdrawal penalty by waiting until at least age 59 1/2 to start taking distributions from your IRA. Once you turn age 59 1/2, you can withdraw any amount from your IRA without having to pay the 10% penalty. However, regular income tax will still be due on each IRA distribution.

What are qualified early withdrawals? ›

You use the withdrawal for qualified expenses related to a birth or adoption. You become disabled or pass away. You use the withdrawal to pay for unreimbursed medical expenses or health insurance if you're unemployed. The distribution is made in substantially equal periodic payments. 1.

What is a qualifying withdrawal? ›

A qualifying withdrawal is an amount you withdraw from your RRSP so that you can receive past service benefits. The Canada Revenue Agency (CRA) will contact you in writing if you must make a qualifying withdrawal to transfer or buy past service.

When can I withdraw money from an IRA without penalty? ›

Age 59½ and over: No withdrawal restrictions

Once you reach age 59½, you can withdraw funds from your Traditional IRA without restrictions or penalties.

How much can I withdraw from my IRA without paying taxes? ›

Your first home – You can early withdraw up to $10,000 from an IRA without penalties if you put the money toward buying your first home. Health insurance – If you become unemployed and you need to purchase health insurance, you can make a penalty-free early withdrawal.

At what age do you stop paying taxes on IRA withdrawals? ›

Only Roth IRAs offer tax-free withdrawals. The income tax was paid when the money was deposited. If you withdraw money before age 59½, you will have to pay income tax and even a 10% penalty unless you qualify for an exception or are withdrawing Roth contributions (but not Roth earnings).

How much tax do I pay if I withdraw from my IRA? ›

When you take a distribution from a traditional IRA, the IRS considers it 100% taxable income. That means you'll owe ordinary income taxes on the entire distribution amount.

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