MBA Finance Course Details

Degree Masters
Full Form Master of Business Administration in Finance
Duration Course Duration of Master of Business Administration [MBA] (Finance) is 2 Years.
Age No specific age limit
Minimum Percentage 50%
Subjects Required An Honors or a Graduates degree recognized by UGC
Average Fees Incurred INR 3 L - 10 L per annum
Similar Options of Study PGDM
Average Salary Offered INR 6.05 L per annum
Employment Roles Financial Analyst, Finance Manager, Senior Financial Analyst, Senior Business Analyst, Business Analyst - IT, Operations Manager, Relationship Manager etc.
Placement Opportunities Tata Consultancy Services Limited, EY (Ernst & Young), Accenture, HDFC Bank Pvt Ltd, Infosys Limited, Deloitte, Kotak Mahindra Bank, HCL Technologies Ltd., J.P. Morgan Chase & Co. (JPMCC) etc.

About Master of Business Administration [MBA] (Finance):

  • Master of Business Administration [MBA] with a specialty in Finance is among the more vouched for courses in Management.

  • It is a 2-year course which is divided into 4 Semesters.

  • Below mentioned are the universities/colleges which provide the course:-
    • Indian Institute of Management, Ahmedabad (IIM A), 

    • Faculty of Management Studies, Delhi (FMS Delhi)

    • Indian Institute of Management, Calcutta (IIM C)

    • Indian Institute of Management, Lucknow (IIM L), etc and these stand among the top MBA Finance colleges in India.

  • Organizational Behaviour, Quantitative Methods, Financial Accounting, Management Accounting, Portfolio Management are some of the MBA in finance subjects which are a part of the syllabus.

  • The MBA in Finance scope for the graduate is extremely high as the financial market in India is growing at a much faster pace than any other sector.

  • Working with some of the elite companies such as Infosys, Flipkart, Ola Cabs and others are some of the job opportunities for a Master of Business[MBA](Finance) have post-graduation.

  • Finance is the backbone of any organization in this world which requires some equanimity and professional individuals with a positive attitude for facing any circumstances.

  • And the MBA in Finance Syllabus Covers :
    • Investment Strategy

    • Understanding of Local and Global Economy

    • Merger and Acquisitions

    • Corporate and Financial Risk Management

    • Hedge Fund Management, etc.

What is Master of Business Administration [MBA] (Finance)?

What is Master of Business Administration[MBA](Finance)?

  • Finance is a broad category of study which not only deals with how to manage money but also how to acquire it.

  • The basic concepts of finance come from micro and macroeconomics.

  • The eligibility criteria for the same is to pass 10+2 secondary and higher secondary.  Also, some colleges require qualifying marks in CAT, MAT, XAT and other competitive exams as the eligibility criteria.

  • It is a career field which requires one to possess skills in mathematics, economics, and financial theory, all of which are covered in great detail in a finance degree, specialization or track.

  • One of the foremost requirements for a corporate organization to thrive is the expert management of capital.

  • The course is best suited for those who wish to work in the financial sector such as insurance and mutual funds among others.
  • Capital Management includes:

    • Sourcing

    • Engaging

    • Utilizing Capital

  • With this view, MBA graduates with a specialization in Finance are welcomed in the corporate sector and Banking industry with open arms.

  • The key skill associated with an MBA in Finance is the evaluation and production of the highest expected value from an asset.

Why Choose Master of Business Administration [MBA] (Finance)?

Why choose Master of Business Administration [MBA](Finance)?

  • This concentration is designed to offer the opportunity for qualified students to study business administration at the graduate level with an emphasis in finance.

  • It particularly assists students in preparing for finance-related careers in the business environment or for graduate study in finance at the doctoral level.

  • The Management of Finance is crucial to any business, requires able and expertly trained professionals to determine the why and how the aspect of funding and investment.
  • Since no organization can function without professionals to make such calls, MBA in Finance will always remain an in-demand course.

  • Individuals with knowledge in finance will have the opportunity to differentiate themselves from peers and build life-long skills while positively impacting the world.

  • The jobs after doing MBA in finance is highly paid as there is a huge demand for workforce in finance specialization.

  • The potential to grow in this field is enormous.

Top Colleges for Master of Business Administration [MBA] (Finance):

SI.No.

Name of the College

1

IIM- Ahmedabad

2

Faculty of Management Studies, Delhi (FMS Delhi)

3

IIM- Calcutta

4

IIM- Lucknow

5

S.P.Jain Institute of Management and Research, Mumbai (SPJIMR Mumbai)

6

IIM- Bangalore

7

Xavier's Labour Research Institute Jamshedpur (XLRI)

8

IIM- Indore

9

IIM- Kozhikode

10

Management Development Institute, Gurgaon (MDI)

11

Indian Institute of Foreign Trade (IIFT)

12

Institute of Management Technology, Ghaziabad (IMT G)

13

Jamnalal Bajaj Institute of Management Studies, Mumbai (JBIMS Mumbai)

14

Mudra Institute of Communication, Ahmedabad (MICA)

15

Narsee Monjee Institute of Management Studies, Mumbai (NMIMS Mumbai)

16

National Institute of Industrial Engineering, Mumbai (NITIE Mumbai)

17

Shailesh J. Mehta School of Management, IIT Bombay (SJMSM Mumbai)

18

Symbiosis Institute of Business Management, Pune (SIBM Pune)

19

Symbiosis Center for Management and Human Resources Development, Pune (SCMHRD)

20

Xavier's Institute of Management, Bhubaneswar (XIMB)

21

Department of Management Studies, IIT Delhi

22

Fore School of Management, Delhi (FORE Delhi)

23

Goa Institute of Management, Goa (GIM Goa)

24

IIM- Ranchi

25

IIM- Rohtak

26

IIM-Shillong

27

IIM-Tiruchirapalli

28

International Management Institute, New Delhi (IMI New Delhi)

29

KJ Somaiya Institute of Management Studies and Research, Mumbai

30

T. A. Pai Management Institute, Manipal (TAPMI Manipal)

 

Eligibility Criteria for Master of Business Administration [MBA] (Finance):

Eligibility Criteria for Master of Business Administration in Finance:

  • Graduation and a bachelor's degree in any discipline obtained through the 10+2+3 system or equivalent qualification with a minimum aggregate of 50% or equivalent CGPA of any of the Recognized Universities.

  • Generally, a relaxation of 5% aggregate is there for SC/ST candidates.

  • The candidate has to write an entrance examination and score the percentage is set by the institution.

  • The common entrance test includes different papers like:

    • English

    • Problem-solving

    • Data analysis and interpretations

    • Numerical ability

    • Logical reasoning

    • General awareness.

  • Some reputed universities conduct admission based on common entrance test (GMAT, CAT, XAT, MAT, etc) 

Admissions Procedure for Master of Business Administration [MBA] (Finance):

Admissions Procedure for Master of Business Administration in Finance

  • The admission procedure starts in the second week of March.

  • The candidate has to write a National Entrance Exam to get admissions in their preferred universities.
  • Candidates have to give entrance exams like GMAT, CAT, XAT etc and the cumulative score is taken for the admission process.

  • There will be three rounds further for the selection into a university which are:

    • Written Test

    • Group Discussion

    • Interview

  • The aspirant should download the application/admission forms for the university opted for admission, also have the required documents ready.

  • the process may have some additional round's and dates for the process depending on the institute.

Entrance Exams for Master of Business Administration [MBA] (Finance):

SI.No.

MBA Finance Entrance Exams

1

Common Admission Test (CAT)

2

Management Aptitude Test (MAT)

3

Combined Management Aptitude Test (CMAT)

4

Xavier Aptitude Test (XAT)

5

Narsee Monjee Management Aptitude Test (NMAT)

6

Manipal University Online Entrance Test (MU OET)

7

MICA Admissions Test (MICAT)

8

Symbiosis National Aptitude Test (SNAP)

9

ICFAI Business School Aptitude Test (IBSAT)

10

AIMS Test for Management Admissions (ATMA)

 

See Various Master of Business Administration [MBA] (Finance) Colleges in India

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