MBA Finance: Course Highlights, Career Options, Key Learning, Top Colleges, Fee, Placements, Admission Process
MBA Finance is a popular MBA course and the full form is Master of Business Administration in Finance. MBA Finance course is a 2-year postgraduate degree program that aims to develop financial management and general management skills in an MBA Graduate. MBA Finance course curriculum is designed to provide comprehensive knowledge and skills regarding financial management concepts such as financial management, financial planning, investment analysis, and financial decision-making. MBA Finance course provide both theoretical learning as well as the practical exposure needed to work effectively as Manager Finance in a reputed company. Careers with MBA Finance provide good salary packages and opportunities for growth and learning. You can become a Manager Finance, Financial Analyst, Investment Manager, Portfolio Manager, Credit Risk Manager etc. MBA Finance average salary package varies from INR 10 LPA and INR 35 LPA depending on ranking of institution. Some of the top recruiters for MBA Finance graduates include Corporates like Reliance and Tata Group, Banks such as ICICI Bank, HDFC Bank, or Financial Services companies in Insurance, Wealth Management and other areas.
MBA Finance is offered by all top MBA Colleges in India including IIMs, XLRI, JBIMS, K J Somaiya, TAPMI, IMI, IMT among others. To be eligible to pursue MBA in Finance, you should be a graduate in any education stream of Science, Commerce or Arts with 50% or more marks from a recognized university. To get admission into MBA Finance, you should take entrance exams like CAT, XAT, NMAT, CMAT or MAT. MBA Finance fees varies between INR 5 lakh to INR 25 lakh depending on ranking of MBA college.
To learn more about MBA Finance, read the article below. Check the list of top MBA Finance colleges, given below, and click on the college/program name for complete information.
MBA in Finance is one of the most preferred MBA programmes. It may be offered as a specialization within the General MBA or can be a standalone MBA in Finance Specialization programme. Key highlights of MBA in Finance specialization are:
The table below includes important points related to MBA in Finance course:
MBA in Finance Particulars | MBA Finance Course Details |
MBA Finance Full Form | MBA in Finance |
MBA Finance Course Level | Postgraduate |
MBA Finance Course Duration | 2 years |
MBA Finance Eligibility Criteria | Completed Bachelor’s degree in any relevant field from a recognized college or university with a minimum aggregate of 50% marks |
MBA Finance Admission Criteria | Entrance-Based |
MBA Finance Course Fees | INR 14 Lakh - INR 25 Lakh |
MBA Finance Entrance Exams | |
MBA Finance Main Subjects | Portfolio Management, Corporate Investment Management, Credit Risk Management, etc. |
MBA Finance Average Salary | INR 10 Lakh - INR 35 Lakh |
MBA Finance Top Recruiters | KPMG, HDFC, ICICI Bank, J P Morgan, Deutsche Bank etc |
MBA Finance Popular Colleges | IIM Ahmedabad, IIM Kozhikode, XLRI, JBIMS, TAPMI, IMI, IMT |
The MBA Finance Courses and MBA Finance subjects in its Syllabus are designed in such a way that the Management graduate in finance is able to handle multiple financial management tasks simultaneously. The key subjects in MBA in Finance syllabus as included in IIM Calcutta, Ahmedabad, XLRI among other top MBA colleges are:
Career Scope of MBA Finance programme is very wide as it is in demand from all corporate sectors. An MBA in Finance can groom his career in insurance, financial planning, banking, accounting, taxation, financial investment, corporate finance, portfolio management, planning, taxation, budgeting, hedge fund management, international finance, banking & insurance management. In fact, every Corporate entity needs finance professionals at all levels of hierarchy.
MBA Finance job opportunities exist in Banking, Corporate Finance, Accounting & Taxation, Investment Management, Mergers & Acquisition, Fund Management, International Finance, Insurance Management, Stock Portfolio Management among other key areas.
1 MBA Finance Job Profiles & Roles
The graduates with MBA Finance are offered key roles and profiles like Financial Analyst, Credit Risk Manager, Portfolio Manager, Treasury Manager, Derivatives Trader, Structuring, Assistant Vice President – Finance/Corporate Banking, Corporate Finance Manager among others. Some of the MBA in Finance Career options with roles and profiles offered are
Career Areas for MBA Finance Professionals | Roles & Profiles Offered |
Finance | Acquisition, mergers, investments, dealing in financial products |
Banking | Acquisitions, Capital markets, Mergers, Financial Analyst |
Credit Risk Management | Future risks, Policy formation, Reducing Credit Risks, Performance Analysis, Report preparation and analysis |
Asset Management | Feasibility of assets acquisition and presenting related reports to business stakeholders. |
Hedge Fund Management | Managing the hedge fund investments, investment objectives, fee structures and liquidity provisions. |
Private Equity | Find investors, assisting with investments, promoting investments |
2 MBA Finance Salary
MBA Finance placement packages go at par with flagship MBA programme. The average salary for MBA Finance programme is in the range of Rs.12 LPA to Rs.36 LPA depending upon the role and profile offered. Some of the top MBA colleges with latest MBA in Finance average salary are as below:
MBA College | MBA Finance Average Salary 2024 |
IIM Bangalore | Rs. 35.92 LPA |
IIM Calcutta | Rs. 35.07 LPA |
IIM Kozhikode | Rs. 28.05 LPA |
XLRI Jamshedpur | Rs. 29.89 LPA |
JBIMS Mumbai | Rs. 21.36 LPA |
International Management Institute (IMI) New Delhi | Rs. 16.48 LPA |
IMT Ghaziabad | Rs. 17.35 LPA |
K J Somaiya Institute of Management, Mumbai | Rs. 13.00 LPA |
3 Top Recruiters for MBA in Finance
Companies across the sectors including BFSI, Conglomerates, IT/ITES, Consulting, Technology, Automobile, Infrastructure, Real Estate among others look for the MBA Finance candidates. Some of the top recruiters who look for candidates with MBA Finance qualification include Adani group, Aditya Birla Group, HUL, EY, Capgemini, KPMG, Boston Consulting, Axis Bank, Yes Bank, ICICI, Deloitte, Goldman Sachs, Morgan Stanley, CRISIL, J P Morgan, Barclays, McKinsey, Lehman, Bain & Co, Merrill Lynch among others.
Management Colleges offering MBA Finance Courses in India are many which offer MBA in Financial Management courses with different nomenclature but with similar nature and coverage areas. Below are some of the top colleges for MBA in Finance including Private PGDM in Finance and Government MBA in Finance colleges:
1 Top Colleges for MBA in Finance
Top Institute offering MBA Finance | MBA Finance Programme Name | Duration & Mode |
IIM Ahmedabad | PGP with specialization in Finance | On campus; 2 years full time |
IIM Bangalore | MBA with specialization in Finance | On campus; 2 years full time |
IIM Kozhikode | PGP Finance | On campus; 2 Years full time |
IIM Calcutta | MBA with specialization in Finance | On campus; 2 years full time |
XLRI Jamshedpur | PGDM with specialization in Finance | On campus; 2 years full time |
Jamna Lal Bajaj Institute of Management Studies (JBIMS) Mumbai | M.Sc. Finance | On campus; 2 years full time |
International Management Institute (IMI) New Delhi | PGDM Banking & Financial Services (B&FS) | On campus; 2 years full time |
IMT Ghaziabad | PGDM Financial Management; | On campus; 2 years full time |
K J Somaiya Institute of Management, Mumbai | MBA with Specialization Major in Finance | On campus; 2 years full time |
2 MBA Finance Top Colleges – Private
Some of the top Private colleges offering PGDM Finance courses in India are as below:
MBA Colleges | Programme Name | Duration & Mode |
Management Development Institute (MDI) Gurgaon | PGDM with Specialization in Finance | On campus; 2 years full time |
International Management Institute (IMI) New Delhi | Post Graduate Diploma in Management -Banking & Financial Services (PGDM-B&FS | On campus; 2 years full time |
Institute of Management Technology (IMT) Ghaziabad | PGDM Financial Management; PGDM Banking & Financial Services | On campus; 2 years full time |
Lal Bahadur Shastri Institute of Management (LBSIM) New Delhi | PGDM-Financial Management | On campus; 2 Years Full time |
3 MBA Finance Top Colleges - Government
Among the top Government Colleges offering MBA in Finance are IIMs, FMS and other Government standalone and public university affiliated colleges. Some of the Government institutes offering MBA Finance courses are as below:
Institute | Programme Name | Duration & Mode |
IIM Ahmedabad | PGP with Specialization in Finance | On campus; 2 years full time program |
IIM Bangalore | MBA with Specialization in Finance | On campus; 2 years full time program |
IIM Kozhikode | MBA Finance | On Campus; 2 Years full time program |
IIM Calcutta | MBA with Specialization in Finance | On campus, 2 years full time |
XLRI Jamshedpur | PGDM with Specialization in Finance | On campus; 2 years full time program |
IIM Lucknow | PGP with Specialization in Finance | On campus; 2 years full time program |
Faculty of Management Studies (FMS) Delhi | MBA with Specialization in Finance | On campus; 2 years full time program |
Jamnalal Bajaj Institute of Management Studies (JBIMS) Mumbai | Master of Science in Finance (MSc Finance) | On Campus; 2 years full time programme |
MBA in Finance Admissions are done like other MBA courses. The eligibility criteria for MBA Finance admission, Entrance exams leading to admission, cut offs are as below:
1 MBA Finance Eligibility Criteria
Three main points that determine MBA Finance Eligibility Criteria are:
Key Skills Required
If you are a BBA, BBM, Economics or Commerce student and have keen interest in finances and wish to make your career in financial management, Investment and strategy, the MBA in Finance is an ideal programme for you. Key skills which are needed to pursue MBA in Finance, are accounting, financial data analysis, budgeting, financial reporting, cash management among others. MBA in Finance offers you the opportunity to prove your mettle in the leadership positions as Financial consultant, Financial Analyst, Finance and Accounts Manager among others.
2 MBA Finance Entrance Exams
MBA finance colleges shortlist the applicants based on different MBA Entrance Exams as below:
IIMs, FMS, MDI accept CAT; XLRI accepts XAT; FORE, IMT, IMI, LBSIM accept CAT and XAT; SCMHRD accepts SNAP; NMIMS accepts only NMAT, JBIMS accepts MAHCET and CAT; TISS accepts CUET-PG scores.
3 MBA Finance Cutoff
MBA Finance cut offs for admission are lower that for flagship MBA program and offers same level of learning experience followed by good placements
4 Final Selection
After you are shortlisted for PI round, you need to appear in the final selection round. If selected by the institute, you have to deposit admission by the stipulated date.
Apart from the MBA in Finance, there are related courses offering Finance specialization for example MBA BKFS; MBA BIFS
1 MBA in Banking and Financial Services (BKFS)
MBA Banking and Financial services (BKFS) is also an important programme with multiple specializations like Banking as well as Finance. MBA BKFS is offered as full time 2 years programme by IMI New Delhi, TAPMI Manipal, IMT Ghaziabad among other top B-schools.
2 MBA in Banking Insurance and Finance Insurance Services (BIFS)
Many MBA/PGDM colleges are offering standalone MBA or PGDM Banking Insurance and Finance Services as two years full time programme.
MBA Finance online courses are also offered for working professionals who are not able to attend and enrol for full time MBA finance courses. Welingkar Mumbai, NMIMS University, IGNOU offer online MBA/PGDM Finance courses
On the lines of Online MBA Finance programmes, the MBA Finance Distance courses are also offered on digital platforms with a reduced fee structure by Manipal Academy, IGNOU, NMIMS University, Welingkar Institute Mumbai among others
Many MBA/PGDM colleges also offer part time MBA Finance courses with weekend classes with a mix of online and part time education.
MBA Finance Fee Structure is like that of flagship MBA programme. MBA in Finance Fees at top MBA colleges is as below:
MBA College | MBA Finance Fees |
IIM Ahmedabad | Rs. 25.00 lakhs |
IIM Bangalore | Rs. 24.70 lakhs |
IIM Kozhikode | Rs.20.50 lakhs |
IIM Calcutta | Rs. 25.00 lakhs |
XLRI Jamshedpur | Rs. 24.80 lakhs |
International Management Institute (IMI) New Delhi | Rs. 26.48 lakhs |
IMT Ghaziabad | Rs. 21.53 lakhs |
K J Somaiya Institute of Management, Mumbai | Rs. 19.95 lakhs |
MBA in Finance programmes provides knowledge in accounting, auditing, managing financial resources, making critical investment decisions among other financial management related skills. The MBA in Marketing programme focuses on advertising, promotion, pricing, product selling or selling service to consumers. While MBA in Finance and MBA in Marketing are post-graduate management programmes, the cut offs may differ for MBA finance and MBA Marketing admission. There is no difference in selection process.
MBA Finance course curriculum focuses on financial management, investment analysis, risk assessment, financial planning among other key areas. The study of MBA in Finance comprises financial markets, corporate finance, investment management, financial modelling. Apart from theoretical knowledge, you are also exposed to practical learning through internships, projects, case studies, and other skill-training sessions. The MBA Marketing course emphasises marketing strategies, consumer behaviour, market research, branding, and promotional tactics.
To summarize, MBA Finance is a good choice for MBA aspirants who are good with numbers and will like to work with fast growing sectors like Private Banking, Financial Services (AMC, Wealth Management etc), Insurance, Corporate Finance and related areas. You can either decided to pursue MBA Finance from a good B-school (List above) or select a Specialized Institute in area of your choice. Above list of MBA Finance Colleges in India will help you.
This completes our article on MBA in Finance. We hope you found this article helpful. Check below the top MBA colleges offering MBA in Finance as standalone or specialized programme with complete programme details. Also check out more Specialized MBA Programs to help you decide the right program for you:
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