MBA in Finance is a 2 two-year postgraduate degree, based on essential concepts of finance, accounting, and economics along with in-depth knowledge of financial planning, budgeting, forecasting, etc. The MBA in Finance syllabus develops a comprehensive understanding of core topics like financial management, investment analysis, risk management, cost accounting, time value of money, banking systems, etc.
MBA in Finance admission requires students to have a 50-55% aggregate score in bachelor's degree along with qualifying entrance exams such as MAT, GMAT, CMAT, CAT, XAT, etc., as part of the eligibility criteria.
The course module is industry-relevant and equips graduates with substantial knowledge of finances, markets, cash flow, stocks, and current business trends to acquire potential job opportunities with an average salary package of INR 5 - 17 LPA. Hence, an adequate amount of job opportunities are available for graduates with MBA in Finance in investment banking, consulting, merchant banking, private banking, and much more.
Degree | Masters |
Full Form | Master of Business Administration in Finance |
Duration | 2 Years |
Age | No specific age restriction |
Entrance Exam | CAT, XAT, CMAT, etc. |
Minimum Percentage | Candidate should have completed a bachelor's degree with a minimum of 50-55% marks. |
Average Fees | ₹2 - 10 LPA |
Average Salary | INR 5 - 17 LPA |
Employment Roles | Financial Analyst, Finance Manager, Business Analyst - IT, Operations Manager, Relationship Manager, etc. |
Top Recruiters | JP Morgan, KPMG, Goldman Sachs, Deloitte, HSBC Bank, etc. |
MBA in Finance full form stands for Master of Business Administration in Finance and falls under the umbrella of MBA courses. BITS Pilani, SIBM Hyderabad, Amity University, and IIM Kozhikode are among the top MBA in Finance colleges in India.
The average MBA in Finance course fees are in the range of INR 60,000-13 LPA for colleges in India. The MBA in Finance fees at IIMs range between INR 10-12 LPA whereas fees at other private colleges range between INR 60,000 PA - 8 LPA.
Table of Contents
The MBA in Finance eligibility criteria are subject to change for different colleges and depend on academic structure, regulations, and stature. Additionally, MBA Finance admission requires a candidate to fulfill the following eligibility requirements in general:
Admission to MBA in Finance course for most Tier-1 and Tier-2 colleges is usually based on merit earned in MBA entrance exams and performance in the GD/PI sessions along with fulfilling certain eligibility criteria. However, some colleges may conduct their own aptitude tests but admission through management quota is not available for enrollment to the MBA in Finance course.
Listed below are the MBA in Finance requirements for the admission process followed by universities across the country:
Also, Read More on MBA Admission Process
MBA in Finance admission requires candidates to appear for entrance exams such as CAT, MAT, XAT, NMAT, CMAT, etc. that are administered at national, state, and institutional levels. It is mandatory for students to pass the MBA in Finance entrance exams with required cut-off marks for enrolling in MBA in Finance course.
The popular MBA in Finance entrance exams are listed below, along with application details:
MBA Entrance Exams |
Registration Date |
Accepting Colleges |
August 2024 (Tentatively) |
IIM Bangalore, IIM Kozhikode, MDU |
|
Dec 23, 2023-Mar 5, 2024 (February Session) |
IPE Hyderabad, DSB, Jain University |
|
August 2024- September 2024 (Tentative) |
SVKM NMIMS, T A Pai Management Institute, Amity University |
|
February 2024- March 2024 |
GIM, BML Munjal University, Parul University |
|
February 2024 (Tentative) |
IIM Bangalore, IIM Kozhikode |
The MBA Finance course equips students with leadership, problem-solving, and managerial skills along with contemporary knowledge of the core functional areas of finance to obtain adequate prospects in insurance, banking, investment, and the stock market. Below are the points regarding the benefits of pursuing an MBA Finance course:
Read More: Why MBA In Finance?
The course has full-time, part-time, integrated, online, and distance learning options available to students. The following MBA Finance course details are provided below:
Type of MBA Finance Course |
MBA in Finance Eligibility |
MBA in Finance Course Duration |
Full Time MBA in Finance |
45-55% marks in Bachelor's Degree + Qualifying entrance exams + GD/PI/WAT Performance |
2 Years |
Part-Time MBA in Finance |
45-55% marks in Bachelor's Degree + Qualifying entrance exams + GD/PI/WAT Performance + 2 to 3 years of work experience |
2+ Years |
Distance MBA in Finance |
50-55% marks for the general category & 45% marks for the reserved category in the Bachelor's Degree |
2-5 Years |
Online MBA in Finance |
50-55% marks for the general category & 45% marks for reserved category in Bachelor's Degree | 2 Years |
Part-time MBA in Finance courses typically last two to three years. This part-time course is particularly useful in the corporate world because applicants can get an MBA Finance degree while continuing to work.
Below mentioned are the distance MBA in Finance course details:
Students also have the option to pursue MBA Finance course as an online degree. Check the course details below:
MBA in Finance course is offered by various renowned colleges in India and the candidate can get admission based on merit or entrance exam scores. MBA in Finance is being offered by several government colleges such as Pondicherry University and MDU Rohtak as well as private colleges such as BITS Pilani and NMIMS. Even several IIMs such as IIM Kozhikode, and IIM Bangalore are widely known for offering MBA in Finance courses.
Below is a list of the best MBA in Finance colleges along with the fee breakdown:
College Name |
Tuition Fees |
Admission Fees |
Miscellaneous Fees |
INR 7 LPA |
INR 12,750 |
INR 47,500 PA |
|
INR 12.25 LPA |
INR 20,000 |
- |
|
INR 10.25 LPA |
- |
INR 1.20 LPA |
|
INR 1.27 LPA |
INR 16,500 | - | |
INR 91,000 PA |
INR 6,200 |
- |
|
INR 6.60 LPA |
INR 20,000 |
- |
|
INR 3.89 LPA |
INR 15,000 |
INR 1.60 LPA |
|
Arun Jaitley National Institute of Financial Management | INR 6 LPA | INR 2,000 | - |
Dr. MGR Educational and Research Institute | INR 68,000 PA | INR 5,000 | - |
BML Munjal University | INR 6.20 LPA | INR 50,000 | INR 2 LPA |
Hindustan University | INR 1.62 LPA | - | INR 58,000 PA |
Below listed are the location-wise MBA Finance colleges in India:
Location |
Average Annual Fees |
INR 1-6 LPA |
|
INR 1-4.50 LPA |
|
INR 55,000-5 LPA |
|
INR 35,000-7 LPA |
|
INR 2-6.50 LPA |
|
INR 2.50-10 LPA |
|
INR 1.50-13 LPA |
|
INR 85,000-3.50 LPA |
|
INR 1.50-6.50 LPA |
|
INR 1.50-5.50 LPA |
The MBA in Finance in India cutoff for admission to a university is based on the seats available and the administrative decision to enroll the candidates in the university. 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. The CAT score is the minimum requirement for the admission to MBA Finance course. Given below are the Expected CAT Cutoff 2023(General Category) for various top colleges offering MBA in Finance :
Name of the College |
Expected CAT Cutoff (Percentile) |
90+ |
|
80+ |
|
77+ |
|
94+ |
|
85+ |
|
91+ |
|
90+ |
The Common Management Admissions Test (CMAT) is another widely accepted entrance-level exam for MBA Finance courses. The general category CMAT cutoff 2023 for MBA Finance for a few top institutes are listed below:
Name of the College |
Expected CMAT Cutoff (Percentile) |
99.2 |
|
99.06 |
|
96.42 |
|
95 |
|
97.27 |
|
90 |
|
85 |
|
82 |
The Management Aptitude Test is another popular management admission test with a moderate level of difficulty. When compared to other exams, the MAT cutoff for MBA Finance is easier to meet. The most significant distinction between the MAT and the CAT is the frequency of exam occurrence per year, which for the MAT is fourfold per year.
The general category MAT 2023 cutoff for the MBA Finance course is as follows:
Name of the College |
Expected MAT Cutoff (Percentile) |
80 – 85 |
|
80 – 85 |
|
80 – 85 |
|
80 – 85 |
|
80 – 85 |
|
80 – 85 |
|
80 – 85 |
|
80 – 85 |
|
80 – 85 |
|
80 – 85 |
MBA Finance subjects in the first year provide a basic understanding of management principles and concepts. The second-year subjects delve deeper into the understanding of financial management aspects such as investment analysis, corporate finance, and financial markets.
Below is a list of subjects in MBA Finance taught to students to make them understand the application of financial theories and managerial concepts in real-world business scenarios:
MBA in Finance Subjects |
Topics |
Management Concepts and Organisational Behaviour |
Nature of Management, An Overview of Staffing, Directing and Controlling Functions, Perception and Learning, Group Dynamics. |
Accounting for Managers |
Book-keeping and Accounting, Depreciation, Funds Flow Analysis, Marginal Costing, Cost Accounting. |
Business Environment and Law |
Dynamics of Business and its Environment, Infrastructure, Law of Contract, Company, Factory Act. |
Marketing Management |
Introduction to Marketing and Marketing Management, Marketing Concepts, Product Decisions, Price Decisions, Channel Decisions, Promotion Decisions. |
Strategic Financial Management |
Financial Policy and Strategic Planning, Investments Decisions under Risk and Uncertainty, Expansion and Financial Restructuring, Leasing, Financing Strategy. |
Students are required to work on projects in the 4th semester which enhances the practical understanding of the course outcomes. Students might be required to present the project through case studies or presentations. Some of the projects under MBA Finance course are given below:
Read More: MBA Finance Syllabus and Subjects
MBA in Finance focuses on a business's financial structure, such as markets, stocks, banks, and bonds. MBA in Marketing is the study of business and principles of marketing management. Here is a comparison of the MBA in Finance and Marketing:
Course |
MBA Finance |
MBA Marketing |
Full-Form |
Master of Business Administration in Finance |
Master of Business Administration in Marketing |
Overview |
Encompasses knowledge of financial reports, analyzing corporate data, predicting market trends, maximizing stock prices, and managing capital investments. |
Covers core areas of product management, consumer behavior, marketing mix, brand management, retail management, sales & distribution. |
Stream |
Management |
Management |
Course Duration |
2 years |
2 years |
Eligibility |
Bachelors in a relevant subject with 50-55% from a recognized university. |
Bachelors in a relevant subject with 50-55% from a recognized university. |
Entrance Exams |
CAT, GMAT, XAT |
CAT, GMAT, XAT |
Top Colleges |
IIM Ahmedabad, IIM Kozhikode, IIM Bangalore |
Amity University, Institute of Business Management, IIMA |
Fees |
INR 60,000-13 LPA |
INR 2-12 LPA |
Average Salary |
INR 5 - 17 LPA |
INR 8.8 LPA |
Job Roles |
Financial Analyst, Finance Manager, Business Analyst - IT, Operations Manager, etc. |
Market Manager, Media Planner, Business Developer, Brand Manager, etc. |
MBA in Finance vs MBA HR | MBA Finance vs MBA Marketing |
After completing MBA in Finance students can enroll in various higher education and certification courses to expand their skills and domain knowledge. Below is a list of courses after MBA in Finance that students can pursue:
Read More: Top 10 Courses after MBA Finance
The average salary of an MBA Finance graduate in India is INR 5 - 17 LPA. Candidates get the opportunity to work in various prestigious firms such as KPMG, HDFC, TCS, and ICICI Bank. The fresher candidates can expect an average salary between INR 5 - 12 LPA whereas graduates with some working experience can earn an average salary ranging between INR 10-17 LPA.
Graduates can increase their salary slab after gaining certain years of experience and skills in the domain. Given below are some of the top job roles offered to MBA finance graduates along with their average salary. [Source: PayScale]
MBA in Finance Jobs |
Average Salary For Freshers |
Average Salary with 5 Years of Experience |
Credit Manager |
INR 6 -10 LPA |
INR 12 - 17 LPA |
Finance Manager |
INR 12 LPA |
INR 20 LPA |
Financial Analyst |
INR 5 LPA |
INR 10 LPA |
Risk Analyst |
INR 5-6 LPA |
INR 10-12 LPA |
(Source: Payscale & Ambition Box)
Read More: MBA in Finance Salary
Candidates opting for financial management can work in sectors such as risk management, retail industry, private industry, insurance management, financing, treasury, sales and trading, stock market, etc. MBA Finance in India is a very popular course and it provides diverse career opportunities and significant job profiles such as:
MBA in Finance Jobs |
Description |
Venture Capitalist |
They work as an investor for young companies in exchange for equity. |
Financial Risk Analyst |
They assess the risks in the firm and plan a risk management procedure to ensure smooth cash flow. |
Hedge Manager |
They oversee the activities of a hedge fund and manage it. |
CFO |
They handle the entire financial element of a business and are responsible for its financial health. |
Graduates with MBA in Finance can acquire potential career opportunities in top MNCs, financial firms, banks, and other major financial enterprises. Some of the top companies that usually hire graduates with MBA in Finance are given below:
MBA in Finance Job Designation |
Top Recruiters |
Average Salary |
Account Manager |
Amazon, Dell Technologies, Accenture, Airtel, Google TCS |
INR 2.5 - 15 LPA |
Financial Analyst |
Accenture, Amazon, Deloitte, Wells Fargo, TCS, Oracle |
INR 2 - 11 LPA |
Business Analyst |
Accenture, TCS, Cognizant, Deloitte, IBM, Amazon |
INR 2.7 - 15 LPA |
Equity Research Analyst |
JP Morgan, Morningstar, Goldman Sachs, TCS, Deloitte |
INR 2 - 22 LPA |
Finance manager |
Accenture, TCS, IBM, Genpact, Capgemini |
INR 3.2 - 30 LPA |
Students pursuing MBA courses get various scholarships provided by private institutes or government schemes. Below is a list of various scholarships provided to MBA Finance students:
MBA in Finance Scholarship |
Eligibility |
Scholarship Amount |
60% marks in the undergraduate studies |
INR 3 Lakhs |
|
|
INR 12 - 14 Lakhs ( Depending on the course) |
|
|
INR 75,000 |
|
Only for Indian nationals under the age of 35 years |
INR 2 Lakhs |
|
|
INR 4 Lakhs |
Students pursuing an MBA Finance course need a combination of theoretical and practical skills to excel in their careers. The list of skills one must acquire to be the best MBA in Finance course graduate is listed below.
What is the eligibility criteria for MBA in Finance course?
The candidate should have completed a bachelor's degree such as BCom/BBA or any related degree with 50-55% marks for the unreserved category and 45% marks for the reserved category.
What are the important entrance exams for MBA in Finance admission?
Some of the popular entrance exams for an MBA in Finance are CAT, XAT, CMAT, etc.
What is the MBA in Finance course fee?
The MBA in Finance fee is in the range of INR 60,000-13 LPA.
Is MBA Finance difficult?
No, if the students have prior experience in the finance field and clarity of financial concepts can easily comprehend the course.
Which colleges are best for an MBA in Finance?
Some of the top colleges for MBA in Finance are: IIM Calcutta, SIBM Pune, XLRI Jamshedpur, Department of Management Studies, IIT Delhi, Christ University Bangalore.
What is the difference between MBA in Finance and MSc in Finance?
MBA in Finance examines financial institution management, and MSc in Finance analyses financial markets from a more analytical standpoint.
What job roles are available after the MBA in Finance course?
The graduates can work in various range of roles like Relationship Manager, Financial Analyst, Finance Manager, etc.
Which are the top MBA in Finance Recruiters?
MBA Finance offers jobs in top companies such as Morgan Stanley, JP Morgan, Boston Consulting Group, Lehman Brothers, KPMG, and Merrill Lynch to name a few.
What is the average salary of MBA in Finance graduate?
The MBA in Finance graduate average salary is in the range of INR 5 - 17 LPA (Source: Payscale)
Loading...