MBA Finance is a two-year postgraduate programme that deals with the study of budgeting, finance, and analytics. The main aim of the MBA in Finance course is to train students to manage finance and accounts in any organization. MBA finance graduates have diverse job opportunities in the banking sector and other organizations.
|Full Form||Master of Business Administration in Finance|
|Duration||Course Duration of Master of Business Administration [MBA] (Finance) is 2 Years.|
|Age||No age limit|
|Minimum Percentage||45%-50% in 10+2 with any stream from any recognized education board|
|Average Fees Incurred||INR 4 - 20 Lakhs|
|Average Salary Offered||INR 3 - 9 LPA (Source: Payscale)|
|Employment Roles||Financial Analyst, Finance Manager, Senior Financial Analyst, Senior Business Analyst, Business Analyst - IT, Operations Manager, Relationship Manager|
MBA in Finance Latest Updates:
Phillippatus defines financial management as "Concerned with the managerial decisions that result in the acquisition and financing of short- and long-term credits for the organizations".
What is an MBA in Finance? The basic concepts of the MBA Finance syllabus include handling money or wealth on a larger scale. The important subjects are mathematics, economics, financial theory and management. The course has a high job scope, and the job responsibilities are concerned with managing accounts and companies' finances to achieve the company's financial objectives.
Graduates can work in different sectors like investment banking, consulting, merchant banking, private banking and much more. Tools and Techniques used in MBA Finance are Finance Mechanics, Finance Accounting, Marketing 4Ps, Operational Research, ERP, and Business Plans.
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Admission for the MBA Finance course requires the aspirant to complete their undergraduate degree with a minimum average of 50% aggregate marks from a recognized university or college in any relevant discipline. There are no age limits for pursuing this course as it is open to students who meet the required criteria. Along with essential criteria, students must have cleared the standard entrance examination with good scores. Work experience is preferred, and it is not mandatory for the MBA Finance course.
Admission procedure for MBA Finance course is done on a merit-basis and management-based. Aspirants must satisfy the minimum eligibility criteria for admissions into the MBA Finance programme, using a combination of bachelor’s degree and entrance exam scores. The course falls under the umbrella of an MBA and thus, the admission process does not change for the students. Listed below is the general admission process for MBA Finance followed by popular universities across the country:
The aspirants can either apply for the MBA Finance course online or offline. Based on their merit or the score obtained in the entrance exams, the applicants are shortlisted. Before entry to the MBA Finance program, the universities administer counselling, personal interviews, and community discussion rounds.
For selection into the MBA Finance programme, the marks scored in related management entrance exams by students are taken into account. After an interview, deserving aspirants are allocated seats. The MBA Finance admission process depends on the chosen institution. Some may enter jointly, and some may offer admission based on the marks earned during the graduation period.
The admission requirements for the MBA Finance programme differ depending on the institution. Some schools only accept first-come, first-served applicants. The majority of MBA in Finance programmes admit students based on their performance in various entrance exams.
For admissions into the MBA Finance programme, students need to appear for some of the entrance examinations held all across the country. The higher cut off scores can fetch you the best colleges in the nation. Listed below are the most common popular entrance exams for MBA Finance:
The eligibility criteria of the above-mentioned MBA Finance entrance exams are entirely dependent on the conduction body; hence it varies. But here are a few similarities are picked up from the popular entrance exams to give students a heads up:
The MBA Finance cutoff for admission to a university is based on the seats available and the administrative decision to enrol the candidates in the university. Those who have scored below the cut-off per cent are also allowed to take the MBA Finance course. The number of applicants and their entrance examination scores, which vary by institution, determine the MBA Finance cutoff. Below is a list of some of the important entrance exams and their cut-off in various colleges:
The Common Admissions Test, or CAT, is a computer-based exam administered by the Indian Institute of Management. IIMs and several other prestigious colleges of business education believe at the end of MBA Finance for or her primary enrolment process. The CAT score for MBA Finance is the minimum required for consideration for admission to MBA programmes.
|Name of college||Expected MBA Finance CAT cut off|
|DMS, IIT Delhi||98+ percentile|
|LIBA, Chennai||90+ percentile|
|SJMSOM, IIT Bombay||99+ percentile|
|IMT, Ghaziabad||90+ percentile|
|MDI, Gurgaon||95+ percentile|
|NITIE, Mumbai||95+ percentile|
|SPJIMR, Mumbai||85+ percentile|
|XIMB, Bhubaneshwar||90+ percentile|
|IIT Madras||95+ percentile|
The Common Management Admissions Test (CMAT) is another widely accepted entrance level exam for MBA Finance. CMAT is only administered once a year. The additional benefit of taking the CMAT exam is that the deadline is not specific to the exam sections because it is within the CAT, implying that the candidate can leave some questions to be answered later during the exam. The CMAT cut-offs for MBA Finance at a number of the top institutes are listed below:
|Name of the college||Expected CMAT cut off (Percentile)|
|KJ SIMSR, Mumbai||99.2|
|Welingkar Mumbai, Mumbai||99.06|
|PUMBA DMS, Pune||96.42|
|MET Institute of Management, Mumbai||97.27|
|Acharya Bangalore Business School (ABBS), Bangalore||90|
|Asia Pacific Institute of Management, New Delhi||85|
The Management Aptitude Test is another popular management admission test with a moderate level of difficulty (MAT). When compared to other exams, the MAT cut off for MBA Finance is easier to meet. The most significant distinction between the MAT and thus the CAT is the frequency of exam occurrence per year, which for the MAT is fourfold per year. A higher MAT MBA Finance stop score ensures acceptance into numerous colleges across the country. The MAT cut-offs for MBA Finance are as follows:
|Name of the college||Expected MAT cut off|
|BIMTECH, Greater Noida||80 – 85|
|XIME, Bangalore||80 – 85|
|BIMM, Pune||80 – 85|
|ISBM, Pune||80 – 85|
|SOIL, Gurgaon||80 – 85|
|SIESCOMS, Navi Mumbai||80 – 85|
|JIMS, New Delhi||80 – 85|
|JIM, Noida||80 – 85|
|Christ University, Bangalore||80 – 85|
|VIT, Vellore||80 – 85|
Below is the list of the top 10 colleges in India for MBA Finance according to NIRF:
CAT Score is one of the widely accepted examinations for MBAs all across the country. Below is a list of Top MBA Finance colleges accepting location wise.
Below is a list of Top MBA Finance Colleges accepting CAT Scores in Delhi.
Read More: Top MBA Finance Colleges in Delhi
Below is a list of Top MBA Finance Colleges accepting CAT Scores in Bangalore.
Read More: Top MBA Finance Colleges in Bangalore
Below is a list of top MBA Finance colleges accepting CAT Scores in Pune.
|1||Symbiosis Institute of Management Studies|
|3||Sinhgad Institute of Management|
|5||Ajeenkya DY Patil University|
Read More: Top MBA Finance Colleges in Pune
Below is a list of top MBA Finance colleges accepting CAT Scores in Chennai.
|1||Great Lakes Institutes|
|3||Indian Institute of Knowledge Management|
Read More: Top MBA Finance Colleges in Chennai
Below is a list of top MBA Finance colleges accepting CAT Score in Kolkata
|3||Techno India University|
|5||Army Institute of Management|
Read More: Top MBA Finance Colleges in Kolkata
Below is a list of top MBA Finance colleges accepting CAT Scores in Mumbai.
|2||KJ Somaiya Institute of Management|
Read More: Top MBA Finance Colleges in Mumbai
Below is a list of top MBA Finance colleges accepting CAT Scores in Ahmedabad.
|3||Amrut Mody School of Management|
|4||NR Institute of Business Management|
Read More: Top MBA Finance Colleges in Ahmedabad
An MBA Finance is offered by several personal academic institutions across the country. Academic performance and admission test scores are used to determine admission. The following is a list of some of India's best private MBA Finance programmes.
|Colleges||Fee Structure (Entire Course)|
|Presidency University, Bangalore||INR 6.1 LPA|
|Amity Business School, Noida||INR. 2.16 LPA|
|SIBM Bangalore||INR 1.46 LPA|
|MIT College of Management, Pune||-|
|BML Munjal University, Gurgaon||INR. 1.125 LPA|
|Amity University, Mumbai||INR 1LPA|
|Dr MGR Educational and Research Institute, Chennai||INR 2.2|
|Burdwan University - University of Burdwan||-|
|Kristu Jayanti College, Bengaluru||INR 7.8|
|Mysore University - University of Mysore||-|
An MBA Finance is offered by India's government education institutions, which are among the best in the world. The table below contains a list of some of the most basic government universities that offer an MBA Finance.
|Colleges||Fee Structure (Entire Course)|
|Burdwan University - University of Burdwan||-|
|Mysore University - University of Mysore||-|
|BBAU Lucknow||INR 1.8 LPA|
|Alagappa University, Karaikudi||INR 25,700 PA|
|RMLAU Faizabad||INR 50,900 PA|
|GNDU Amritsar||INR 3.15 LPA|
|Maharaja Krishnakumarsinhji Bhavnagar University, Bhavnagar||-|
|GJU Hisar||INR 1.21 LPA|
MBA Finance fees ranges from INR 4 LPA to 20 LPA depending on the facilities and services provided at the institute.
|S.No||College||Total Fee Structure|
|1||IIM Ahmedabad||INR 23 LPA|
|2||IIM Bangalore||INR 25 LPA|
|3||IIM Calcutta||INR 23 LPA|
|4||IIM Lucknow||INR 19.25 LPA|
|5||IIT Kharagpur||INR 3.7 LPA|
MBA Finance is a postgraduate programme that consists of four semesters. The courses have various assignments, quizzes and presentations. Students have to complete an internship in the final semester of the MBA Finance programme.
MBA Finance subjects in India are listed below:
Read More: MBA Finance Syllabus and Subjects
MBA Finance has comprehensive coverage of banks, financial institutions, etc. Let's get to know more about "why choose an MBA Finance?" with the aid of three simplified questions.
MBA Finance is a 2-year management course that focuses on the specialized study in finance and accounting management. Whenever people think about a finance course, it is always associated with numeric digits, money, etc. The essential MBA Finance subjects include portfolio management, small business and corporate finance, securities analysis, and corporate investment management. MBA Finance's job scope is diverse, and one can get opportunities in many reputed financial institutions.
An MBA programme covers a wide range of topics and maybe a good combination of mathematics and management education. The MBA Finance degree programme, which combines theoretical and practical aspects of the industry, may be a popular choice for students seeking a solid foundation in Finance and related managerial aspects.
The specialized MBA Finance programme is 1-2 years long and focuses on investment, economics, mergers and acquisitions, and other topics. Furthermore, to nurture students, the course curriculum, in addition to imparting extensive knowledge, places a strong emphasis on skill development to prepare you for the industry.
Aside from lectures, the MBA Finance coursework incorporates practical work, projects, internships, and research.
MBA Finance is a specialized degree that teaches the essential concepts of finance and financial management, along with the core MBA subjects. With a focus on Finance, graduates of the MBA Finance programme can form careers in the following domains:
Strategizing Investment: Finance is an internal part of any institution, sector and organization. It requires people to be eager to know how to create their wealth by investing a small amount of money in any business.
Generating Business Plans: One needs to be very creative with their views, be innovative with business ideas, have good management skills, and work with creative marketing tricks and techniques.
MBA in Finance is one of the most sought after specialized MBA programmes for the following reasons:
Earning Potential: Finance is a field with excellent earning potential opportunities and a wide area for investing and making a profit margin; this may reward career options in a wide range of industries. It has been seen that this course and stream have considerable growth.
Financial Growth: MBA Finance graduates can work in asset management, bank and financing, corporate finance, finance management and the stock market. The MBA Finance salary package ranges from INR 3 - 9 LPA.
Read More: MBA Finance Jobs
Before applying for the MBA Finance course, aspirants must do their due diligence so they sing it easy to navigate the course. The following are some tips for preparation for the MBA Finance programme:
Get to Know the Latest Exam Pattern: Students should be aware of the latest exam patterns which change dynamically. Try to solve the previous year's question papers by surfing them through the internet. Students must be active while preparing for the finance course because it requires a powerful mind and numeric calculations.
Knowledge of Current Affairs: Students need to be aware of the current affairs topics, and they will have to work on their verbal, written, vocabulary, and analytical skills and have to be practical with their mindset.
Mock Tests: Once the student is clear about the syllabus, one can start taking mock tests. Taking around 15 to 20 tests allows them to be updated and perform well in entrance exams.
With so much competition in the industry, obtaining an MBA Finance is an excellent way to strengthen the brand and advance the aspirant's career. Below are some of the benefits of studying MBA Finance:
There are a plethora of higher education opportunities after completing an MBA Finance. Students opting for MBA Finance can acquire auditors to handle financial crises and resolve them. After post-graduation, one can also look for various research-based studies such as
The average salary of an MBA Finance graduate in India is INR 6.5 LPA. The pay may increase with the growing experience and knowledge in the field of finance. HDFC, TCS, and ICICI banks are the top financial banks.
Know More: MBA Finance Salary
Candidates opting for financial management can work in the sectors like risk management, retail industry, private industry, insurance management, financing, treasury, sales and trading, stock market, etc.
MBA Finance in India is very popular and it provides various diverse career opportunities, and significant job profiles include:
Below is a list of some of the top companies that hire MBA Finance Graduates:
Some of the skills listed below may enhance your confidence, resulting in good results. The list of skills, one must acquire to be the best MBA Finance graduate, is listed below.