MBA in Finance
Overview
An MBA in Finance (Master of Business Administration in Finance) is a two-year postgraduate program designed to develop expertise in financial management, investment strategies, risk assessment, and corporate finance. The course prepares students for leadership roles in banking, investment firms, financial institutions, and corporate finance departments.
Students gain in-depth knowledge of financial planning, portfolio management, international finance, and financial risk analysis. The program is ideal for individuals seeking to advance their careers in the finance sector and take on high-level managerial roles.
Table of Contents
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Introduction
The financial sector is one of the fastest-growing industries worldwide, and an MBA in Finance is a sought-after qualification that provides a competitive edge in this domain.
This program focuses on financial decision-making, capital investment, risk assessment, and economic analysis. With practical exposure through case studies, internships, and real-world financial modeling, an MBA in Finance prepares graduates to handle complex financial challenges and drive business growth.
Graduates from top MBA finance programs often secure high-paying jobs in investment banking, asset management, financial consulting, and corporate finance.
MBA in Finance: Latest Updates (2025)
Stay informed about the latest MBA entrance exam schedules and registration deadlines:
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ATMA 2025 |
Registration for the June session is now open for MBA/MMS/PGDM admissions. The last date to apply is May 20, 2025, and the exam will take place on June 1, 2025. |
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TANCET 2025 |
Scheduled to be conducted on March 22, 2025. |
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CUET PG 2025 |
Exam dates for PG admissions have been revised, with the test scheduled between March 13 and April 1, 2025. |
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MAT 2025 |
Feb Session:
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MAH MBA CET 2025 |
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TS ICET 2025 |
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Highlights in MBA in Finance
|
Features |
MBA in Finance Details |
|
Course Name |
MBA in Finance (Master of Business Administration in Finance) |
|
Duration |
2 Years |
|
Course Level |
Postgraduate (PG) |
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Regulatory Approvals |
UGC-recognized, AICTE-approved |
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Eligibility |
Minimum 50% in graduation (45% for reserved categories) |
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Entrance Exams |
CAT, XAT, SNAP, MAT, CMAT, GMAT, NMAT, ATMA |
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Modes of Study |
Full-time, Part-time, Distance Learning, Online |
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Course Fees |
INR 2 Lakh or above (varies by institute) |
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Top Colleges |
IIMs, XLRI, FMS Delhi, SPJIMR, NMIMS, Symbiosis, MDI Gurgaon |
|
Core Subjects |
Financial Management, Investment Analysis, Risk Management, Portfolio Management, Corporate Finance |
|
Career Opportunity |
Financial Analyst, Investment Banker, Portfolio Manager, Risk Manager, Financial Consultant |
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Top Recruiters |
Deloitte, Morgan Stanley, HDFC Bank, Citi Bank, Goldman Sachs, PwC, KPMG |
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Approx. Salary |
INR 4 LPA or above (varies based on role and experience) |
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Job Sectors |
Banking, Investment Firms, Corporate Finance, Financial Consulting, Stock Markets, Insurance |
What is an MBA in Finance?
An MBA in Finance is a two-year postgraduate degree that provides specialized knowledge in financial management, investment strategies, risk assessment, and corporate finance. This program is designed to equip students with the necessary skills to manage financial assets, analyze economic trends, and make strategic financial decisions for businesses and individuals. It covers various aspects of banking, insurance, financial planning, capital markets, and international finance, making it one of the most sought-after specializations in the business world.
An MBA in Finance program in India must be recognized and approved by the University Grants Commission (UGC) to ensure its validity, credibility, and industry relevance. UGC-approved MBA programs follow standardized guidelines set by regulatory bodies like:
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All India Council for Technical Education (AICTE) – Ensures quality in technical and management education.
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National Board of Accreditation (NBA) – Evaluates and accredits business and finance programs.
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Association of Indian Universities (AIU) – Equates Indian MBA degrees with global standards.
When choosing an MBA in Finance, students should verify whether the institution is UGC-approved and AICTE-accredited, ensuring its acceptance in both public and private sector job markets.
Eligibility Criteria for an MBA in Finance
To be eligible for an MBA in Finance, candidates must fulfill the following criteria:
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Educational Qualification: A bachelor’s degree in any discipline (Science, Commerce, or Arts) with a minimum aggregate of 50% from a recognized university.
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Entrance Exam Scores: Admission is based on performance in national, state, or university-level entrance exams. Some commonly accepted exams include:
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CAT (Common Admission Test)
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XAT (Xavier Aptitude Test)
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NMAT (Narsee Monjee Management Aptitude Test)
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MAT (Management Aptitude Test)
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SNAP (Symbiosis National Aptitude Test)
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CMAT (Common Management Admission Test)
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ATMA (AIMS Test for Management Admissions)
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Work Experience: While not mandatory, having 1-2 years of work experience in finance or business administration can be an added advantage.
Admission Process for MBA in Finance
The admission process for an MBA in Finance typically includes the following steps:
Step 1: Appear for Entrance Exams
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Register and take national or state-level MBA entrance exams.
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Secure a good percentile to qualify for top business schools.
Step 2: Shortlisting & Group Discussion (GD)/Personal Interview (PI)
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Colleges shortlist candidates based on entrance exam scores.
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Shortlisted candidates are invited for GD, PI, and Written Ability Test (WAT) rounds.
Step 3: Final Selection & Admission Offer
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Final selection is based on a combination of entrance exam scores, academic records, work experience, and interview performance.
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Selected candidates receive admission offers from business schools.
MBA in Finance Entrance Exams 2025
The admission process for MBA in Finance follows a similar structure to general MBA/PGDM programs, as this specialization is typically chosen in the second year of an MBA course. Most top business schools in India select candidates based on entrance exam scores, followed by group discussions (GD), personal interviews (PI), and written ability tests (WAT).
Aspiring candidates must appear for national, state, or institute-level entrance exams depending on their target institutions. Below is a list of the top entrance exams along with their tentative exam dates and details.
Top MBA in Finance Entrance Exams 2025
|
Entrance Exams |
Tentative Exam Dates |
Exam Highlights |
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CAT 2025 (Common Admission Test) |
November 2025 |
Conducted by IIMs, required for admission to IIMs and top B-schools like FMS, SPJIMR, and MDI. |
|
MAT 2025 (Management Aptitude Test) |
PBT: 09 March 2025 CBT: 23 March 2025 |
Conducted by AIMA, accepted by over 600+ B-schools. Available in PBT, CBT, and IBT modes. |
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CMAT 2025 (Common Management Admission Test) |
January 2026 (Tentative) |
Conducted by NTA, accepted by AICTE-approved institutions across India. |
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XAT 2025 (Xavier Aptitude Test) |
January 2026 (Tentative) |
Conducted by XLRI, required for XLRI, XIMB, and other top private B-schools. |
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ATMA 2025 (AIMS Test for Management Admissions) |
May 2025 (Tentative) |
Accepted by private universities and AICTE-approved institutes. |
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MAH CET 2025 (Maharashtra MBA Common Entrance Test) |
01 - 03 April 2025 |
Conducted by Maharashtra CET Cell, required for MBA admissions in Maharashtra-based universities. |
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TANCET 2025 (Tamil Nadu Common Entrance Test) |
22 March 2025 |
Conducted by Anna University, mandatory for MBA admissions in Tamil Nadu colleges. |
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KMAT 2025 (Karnataka Management Aptitude Test) |
September 2025 (Tentative) |
State-level exam for MBA colleges in Karnataka. |
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IBSAT 2025 (ICFAI Business School Aptitude Test) |
December 2025 (Tentative) |
Required for admissions in ICFAI Business Schools. |
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NMAT 2025 (NMIMS Management Aptitude Test) |
November 2025 (Tentative) |
Conducted by GMAC, accepted by NMIMS and other universities. |
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SNAP 2025 (Symbiosis National Aptitude Test) |
December 2025 (Tentative) |
Required for MBA admissions in Symbiosis International University. |
Why Choose MBA in Finance?
Pursuing an MBA in Finance offers several benefits, including:
1. High Earning Potential
Finance professionals often receive lucrative salary packages, with an average pay scale ranging between INR 4 LPA – INR 10 LPA, which can go higher with experience.
2. Global Career Opportunities
Finance is a universal field with global demand, opening doors to careers in investment banking, financial consulting, and multinational corporations.
3. Leadership & Management Roles
An MBA in Finance prepares students for high-level managerial and leadership roles in banking, financial services, and corporate finance.
4. Diverse Career Options
Graduates can work as:
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Financial Analysts
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Investment Bankers
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Portfolio Managers
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Risk Management Consultants
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Corporate Financial Advisors
5. Strong Industry Demand
With businesses expanding globally, financial management expertise is always in high demand across sectors such as banking, insurance, consulting, and stock markets.
MBA in Finance Syllabus & Curriculum
FIRST YEAR: FIRST SEMESTER
|
Course Code |
Title of the Course (s) |
External Marks |
Sessional Marks |
Practical Marks |
Total Marks |
|
CORE COURSES |
|||||
|
19IMG21C1 |
Management Concepts and Organizational Behavior |
80 |
20 |
- |
100 |
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19IMG21C2 |
Managerial Economics |
80 |
20 |
- |
100 |
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19IMG21C3 |
Accounting for Managers |
80 |
20 |
- |
100 |
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19IMG21C4 |
Business Statistics and Analytics |
80 |
20 |
- |
100 |
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19IMG21C5 |
Operations Management |
80 |
20 |
- |
100 |
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19IMG21C6 |
Computer Fundamentals and Office Automation Tools |
50 |
- |
50 |
|
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19IMG21C7 |
Business Environment |
80 |
20 |
- |
100 |
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Discipline Specific Elective Courses (Each student will opt one course) |
|||||
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19IMG21D1 |
Business Communication Skills |
80 |
20 |
- |
100 |
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19IMG21D2 |
Event Management |
80 |
20 |
- |
100 |
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Total Marks in 1st Semester |
900 |
||||
FIRST YEAR: SECOND SEMESTER
|
Course Code |
Title of the Course (s) |
External Marks |
Sessional Marks |
Practical Marks |
Total Marks |
|
CORE COURSES |
|||||
|
19IMG22C1 |
Financial Management |
80 |
20 |
- |
100 |
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19IMG22C2 |
Marketing Management |
80 |
20 |
- |
100 |
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19IMG22C3 |
Human Resource Management |
80 |
20 |
- |
100 |
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19IMG22C4 |
Business Research Methods |
80 |
20 |
- |
100 |
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19IMG22C5 |
IT Infrastructure Management |
50 |
- |
50 |
100 |
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19IMG22C6 |
Comprehensive Viva-voce |
100 |
- |
- |
100 |
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Foundation Elective Course |
|||||
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Each student will opt one course from the pool of Foundation Elective Courses provided by the University, excluding the Foundation Elective Course prepared by the Institute of Management Studies and Research. |
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Open Elective Course |
|||||
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Each student will opt one course from the pool of Open Elective Courses provided by the University, excluding the Open Elective Courses prepared by the Institute of Management Studies and Research. |
|||||
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19IMG22D1 |
Discipline Specific Elective Courses (Each student will opt one course) |
80 |
20 |
- |
100 |
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19IMG22D2 |
Creativity and Innovation Management |
80 |
20 |
- |
100 |
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Total Marks in 2nd Semester |
800 |
||||
SECOND YEAR: THIRD SEMESTER
|
Course Code |
Title of the Course (s) |
External Marks |
Sessional Marks |
Practical Marks |
Total Marks |
|
CORE COURSES |
|||||
|
20IMG23C1 |
Strategic Management |
80 |
20 |
- |
100 |
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20IMG23C2 |
Corporate Laws |
80 |
20 |
- |
100 |
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20IMG23C3 |
Operations Research |
80 |
20 |
- |
100 |
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20IMG23C4 |
Summer Training Report |
100 |
- |
- |
100 |
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Open Elective Course |
|||||
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FINANACE MANAGEMENT |
|||||
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20IMG23GF1 |
Indian Financial System and Financial Markets |
50 |
- |
50 |
100 |
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20IMG23GF2 |
Project Management |
80 |
20 |
- |
100 |
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20IMG23GF3 |
Business Taxation |
80 |
20 |
- |
100 |
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20IMG23GF4 |
Investment Management |
80 |
20 |
- |
100 |
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20IMG23GF5 |
Bank Management |
80 |
20 |
- |
100 |
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Total Marks in 3rd Semester |
900 |
||||
SECOND YEAR: FOURTH SEMESTER
|
Course Code |
Title of the Course (s) |
External Marks |
Sessional Marks |
Practical Marks |
Total Marks |
|
CORE COURSES |
|||||
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20IMG24C1 |
B2B Marketing |
80 |
20 |
- |
100 |
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20IMG24C2 |
CSR and Business Ethics |
80 |
20 |
- |
100 |
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20IMG24C3 |
Project Report |
100 |
100 |
- |
200 |
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20IMG24C4 |
Comprehensive Viva-voce |
100 |
- |
- |
100 |
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Discipline Specific Elective Courses (specialization areas offered under dual specialization scheme) |
|||||
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FINANACE MANAGEMENT |
|||||
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20IMG24GF1 |
Insurance and Risk Management |
80 |
20 |
- |
100 |
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20IMG24GF2 |
Management of Financial Services |
80 |
20 |
- |
100 |
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20IMG24GF3 |
Financial and Commodity Derivatives |
80 |
20 |
- |
100 |
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20IMG24GF4 |
International Financial Management |
80 |
20 |
- |
100 |
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20IMG24GF5 |
Financial Decision Analysis |
80 |
20 |
- |
100 |
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Total Marks in 4th Semester |
1000 |
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Top MBA in Finance Management Colleges in India
Marketing is one of the most sought-after MBA specializations in India, offering lucrative career opportunities in various industries, including FMCG, banking, retail, media, and advertising.
An MBA in Marketing can cost anywhere between INR 5 Lakhs or above on average, depending on the college. Private institutions tend to have higher fees than government colleges. Admission to these programs is typically based on entrance exam scores (CAT, XAT, SNAP, etc.), group discussions (GD), personal interviews (PI), and written ability tests (WAT).
Top Private Colleges Offering MBA in Finance
Private business schools offer world-class faculty, extensive industry exposure, and excellent placement opportunities. Below is a list of popular private colleges offering MBA in Finance with a specialization in Finanace:
|
Private College Name |
MBA in Finance Fees (Approx.) |
Notable Features |
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Chandigarh University (CU) |
INR 6.16 L or above |
Recognized for industry-aligned curriculum and global partnerships. |
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Christ University |
INR 4.8 L or above |
Offers specialization in Digital Marketing and Branding. |
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Great Lakes Institute of Management, Chennai |
INR 9.45 L or above |
PGDM program with experiential learning opportunities. |
|
Lovely Professional University (LPU), Jalandhar |
INR 8 L |
Provides corporate mentorship and international exposure. |
|
Management Development Institute (MDI), Gurgaon |
INR 18 L |
One of the top-ranked B-schools with high ROI. |
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New Delhi Institute of Management (NDIM), Delhi |
INR 12.75 L |
AICTE-approved PGDM program with strong placement records. |
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NIMS Institute of Business Studies, NIMS University |
INR 2.8 L or above |
Affordable MBA program with practical learning modules. |
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Parul University, Vadodara |
INR 3.84 L or above |
Strong focus on industry collaborations and digital marketing. |
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S.P. Jain Institute of Management & Research (SPJIMR), Mumbai |
INR 14.5 L or above |
Offers specializations in Marketing Analytics & Digital Strategy. |
|
Symbiosis Institute of Business Management (SIBM), Pune |
INR 24.2 L |
One of India's top private B-schools with global accreditations. |
*Note: The fees mentioned above are sourced from official college websites and may vary depending on scholarships, hostel fees, and other factors.
Top Government Colleges Offering MBA in Finance
Government institutions provide high-quality education at a much lower cost than private colleges. These institutes are highly competitive and offer excellent placement opportunities. Below is a list of top government colleges offering MBA in Finance along with their estimated fees:
|
Govt. College Name |
MBA in Finance Fees (Approx.) |
Notable Features |
|
Babasaheb Bhimrao Ambedkar University (BBAU) |
INR 1.8 L |
Affordable MBA program with good ROI. |
|
Chandragupt Institute of Management, Patna |
INR 7.5 L |
AICTE-approved with strong corporate tie-ups. |
|
Department of Management Studies, IIT Delhi |
INR 12 L |
High-ranking IIT MBA program with marketing focus. |
|
Guru Gobind Singh Indraprastha University (GGSIPU) |
INR 2 L |
Offers specialization in Digital Marketing and Brand Management. |
|
Indian Institute of Management (IIM) Calcutta |
Check official site |
Ranked among the top three IIMs with top-tier faculty. |
|
Indian Institute of Management (IIM) Raipur |
INR 16.28 L |
AACSB-accredited with a strong marketing curriculum. |
|
Indian Institute of Management (IIM) Nagpur |
INR 20.7 L |
Industry-integrated curriculum with top placements. |
|
Indian Institute of Technology (IIT) Kanpur |
INR 2.8 L |
Offers a tech-driven marketing approach in its MBA program. |
|
Jamia Millia Islamia, Delhi |
INR 47,000 |
One of the most affordable and reputed MBA programs in India. |
|
National Institute of Technology (NIT) Trichy |
INR 1.4 L |
Strong placement records and low-cost MBA program. |
NIRF Ranking Trend of MBA Colleges
The National Institutional Ranking Framework (NIRF) ranking trend for MBA colleges in India offers crucial insights into the evolving landscape of management education. Over the years, premier institutes like the Indian Institutes of Management (IIMs) have consistently maintained top positions, showcasing their academic excellence, research contributions, and strong industry ties.
Candidates can refer to the NIRF ranking trend of MBA colleges over the past three years to make informed decisions about their education.
NIRF Ranking Trend of Top MBA in Finance Colleges
|
MBA in Finance College |
NIRF 2022 |
NIRF 2023 |
NIRF 2024 |
|
Indian Institute of Management (IIM), Ahmedabad |
1 |
1 |
1 |
|
Indian Institute of Management (IIM), Bangalore |
2 |
2 |
2 |
|
Indian Institute of Management (IIM), Kozhikode |
5 |
3 |
3 |
|
Indian Institute of Technology (IIT), Delhi |
4 |
5 |
4 |
|
Indian Institute of Management (IIM), Calcutta |
3 |
4 |
5 |
|
IIM Mumbai (formerly known as NITIE) |
9 |
7 |
6 |
|
Indian Institute of Management (IIM), Lucknow |
6 |
6 |
7 |
|
Indian Institute of Management (IIM), Indore |
7 |
8 |
8 |
|
XLRI - Xavier School of Management |
12 |
9 |
9 |
|
Indian Institute of Technology (IIT), Bombay |
11 |
10 |
10 |
The NIRF rankings serve as a benchmark for students to evaluate top MBA colleges, helping them choose institutions with the best academic standards, placement opportunities, and industry exposure.
Career Profiles in MBA Finance
The era of globalization has significantly transformed the financial sector, creating an environment that facilitates large-scale financial transactions. Companies across industries require skilled finance professionals who understand complex financial structures and strategies. Due to the ever-growing demand in the financial sector and its direct influence on the global economy, finance professionals are often considered indispensable assets to any organization.
With MBA in Finance, you can explore a wide range of career opportunities in investment banking, risk management, corporate finance, and financial analysis. Below are some of the most sought-after career options in the field:
MBA Finance Job Roles & Salaries
|
Job Role |
Description |
Average Salary (INR) |
|
Investment Banker |
Helps large corporations and government entities raise capital through financial markets. Provides strategic advice on mergers, acquisitions, and large financial transactions. |
2 LPA or above |
|
Financial Manager |
Manages the organization’s financial accounts, prepares financial statements, and oversees long-term financial planning. |
3.5 LPA or above |
|
Treasury Manager |
Monitors cash flow, revenue, and financial activities to ensure smooth operations and proper fund allocation. |
6 LPA or above |
|
Financial Analyst |
Collects and analyzes financial data, evaluates past performances, and predicts future financial trends to guide investment decisions. |
2 LPA or above |
|
Accounting Manager |
Works closely with the Chief Financial Officer (CFO) to establish financial principles, procedures, and regulations while managing the accounting department. |
2.4 LPA or above |
|
Bond Broker |
Acts as an intermediary between investors and firms, facilitating financial transactions and enhancing communication between stakeholders. |
2 LPA or above |
An MBA in Finance opens doors to high-paying jobs in the corporate, banking, investment, and fintech sectors. Whether you aim to become an investment banker, risk manager, or financial analyst, this degree offers limitless opportunities for career growth.
Top Recruiters for MBA in Finance Graduates
MBA in Finance graduates have a diverse range of career opportunities across multiple sectors, including banking, consulting, investment firms, government agencies, NGOs, and consumer goods companies. The hiring landscape varies based on location, specialization, and the type of MBA program pursued.
Several leading financial institutions, investment banks, and consulting firms actively recruit MBA in Finance graduates each year. Below is a list of some of the top recruiters in the industry:
Top Companies Hiring MBA in Finance Graduates
|
Morgan Stanley |
Barclays |
Goldman Sachs |
|
Merrill Lynch |
JP Morgan |
Bain & Co. |
|
Boston Consulting Group |
McKinsey & Company |
Deloitte |
|
Lehman Brothers |
Deutsche Bank |
Citi Bank |
|
KPMG |
ICICI Bank |
HSBC Bank |
MBA in Finance Abroad for Indian Students
Pursuing an MBA in Finance abroad can be a game-changer for Indian students looking to gain global exposure, industry insights, and high-paying career opportunities. International B-schools provide cutting-edge financial education, access to diverse global markets, and opportunities to work with leading financial institutions.
With an MBA in Finance from top international universities, students can explore lucrative career opportunities in investment banking, financial consulting, corporate finance, fintech, and risk management.
Why Study MBA in Finance Abroad?
-
Global Exposure: Learn from international faculty and study in multicultural environments.
-
High ROI: Graduates from top B-schools abroad often secure high-paying finance jobs.
-
Industry Connections: Gain access to internships and networking opportunities with leading global financial firms.
-
Advanced Curriculum: Study specialized courses like quantitative finance, risk management, and fintech innovations.
Top Countries for MBA in Finance
Indian students often prefer the following countries for pursuing an MBA in Finance, considering their top-ranked universities and strong job markets:
|
MBA in Finance College |
1st-year Tuition Fees |
MBA in Finance Colleges Location |
|
Harvard University |
17.91 Lakh |
Cambridge, USA |
|
The University of Melboume |
27.71 Lakh or bove |
Melbourne, Australia |
|
Stanford University |
69.48 Lakh |
Stanford, USA |
|
University of York |
34.25 Lakh or above |
York, USA |
|
University of Wollongong |
18.51 Lakh or above |
Wollongong, Australia |
|
National University of Singapore |
24.85 Lakh or above |
Singapore, Singapore |
|
University of Manchester |
24.95 Lakh or above |
Manchester, UK |
|
Technical University of Munich |
10.6 Lakh |
Munich, Germany |
|
Adelphi University |
41.44 Lakh |
New York, USA |
|
Cardiff Metropolitan University |
16.99 Lakh or above |
Cardiff, UK |
