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AICTE approval is not compulsory to pursue a career in management as a professional even though in finance. Majority of the companies just want a candidate needs to have a MBA/ MMS/ PGPM/ PGDM degree, diploma or certificate. It is more than enough for pursuing a career as a management professional irrespective of the field of your interest. AICTE approval is only needed if you want to work as a Government employee in future or want to do PhD or M.Phil. Some of the countries may even demand for AICTE approval institutes, but it may vary depending on the country or the particular institute of that specific country . As far as pursuing management is concerned that too in any domain will not hamper your career as your degree will play a very important role in the overall management and development of your career. As management education will not only enhance your personality but will also provide your a platform to become successful in life and it will definitely give you a great start to your professional life in Finance, it is not must that the Institute should have AICTE approval to get Job or start your career in Financial management companies like JP Morgan Chase, Deloitte, CRISIL, E Clerx, HDFC Bank, ICICI Bank, Kotak Securities, Kotak Bank, ICICI Securities and So on . Let me tell you the above mentioned companies visits IBS Mumbai every year and recruit a good number of candidates for finance domain or specialization.

Automobile engineering focuses on topics such as design, manufacturing and working of vehicles such as cars, buses, motorcycles, etc. The program focuses on tools, engines, machinery, electrical and electronics systems used in vehicles as well as in manufacturing them. Also, subjects like cost estimation, plant processes and management, CAD, safety aspects, research and development are covered in the course.
Apart from subjects focusing on the topic of automobiles and their parts, the course also contains lots of subjects and topics drawn from BE/B.Tech in mechanical engineering.
Basic qualification required for automobile engineering is class 12th with physics, chemistry and maths as the compulsory subjects and minimum 60% (percentage may vary for different entrance examinations).