INR 4 - 20 Lakhs
MBA Finance is a two-year postgraduate programme that deals with the study of budgeting, finance, and analytics. The main aim of the MBA 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|
|Age||No age limit|
|Minimum Percentage||45%-50% in 10+2 with any stream from any recognized education board|
|Average Fees||INR 4 - 20 Lakhs|
|Average Salary||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 Finance Latest Updates:
MBA Finance full form is Master of Business Administration in Finance. The basic concepts of the MBA Finance syllabus include handling money or wealth on a larger scale. The MBA in finance course details is concerned with managing accounts and companies' finances to achieve the company's financial objectives.
The MBA Finance job scope is extensive and graduates can work in different sectors like investment banking, consulting, merchant banking, private banking, and much more.
Table of Contents
MBA in finance eligibility 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.
Students who desire to excel in their skills and learn more advanced information about finance and administration might consider an MBA in Finance. The programme is a 2-year programme that is provided by numerous prestigious B-schools in India. Here is a list of some factors candidates should take into account when selecting an MBA in Finance:
MBA Finance opens career opportunities to various fields across the country and globally. Here are a few factors that govern MBA Finance:
The admission procedure for the MBA Finance course is done on a merit-basis and management based. Aspirants must satisfy the minimum eligibility criteria for admission 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 the MBA Finance course 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 course programmes admit students based on their performance in various entrance exams.
Read More on MBA Admission
Aspirants can pursue the course in full-time or part-time mode. Below are the types of MBA Finance courses in detail:
The two-year MBA Finance programme is full-time. Practical knowledge is more important in this subject than academic comprehension. The benefit of a full-time course is that via close contact with other students and teachers, students can obtain far more exposure, experience, and information.
For students who are unable to attend normal classes, there is a part-time MBA Finance programme. The course lasts for a full year. The benefit of taking a part-time course is that students can do so while also working, going to school, etc.
The distance learning MBA Finance programme lasts two years to four years. Distance learning is the best choice for people who want to do an MBA Finance course after receiving their bachelor's degree but don't have the time to go to regular classrooms.
For admission 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 courses:
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 picked up from the popular entrance exams to give students a heads up:
The MBA in Finance in India 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 the MBA Finance course for or her primary enrolment process. The CAT score for the MBA Finance course is the minimum required for consideration for admission to MBA programmes.
|Name of college||Expected CAT Cut-Off (Percentile)|
|DMS, IIT Delhi||98+|
|SJMSOM, IIT Bombay||99+|
The Common Management Admissions Test (CMAT) is another widely accepted entrance-level exam for the MBA Finance courses. 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)|
|PUMBA DMS, Pune||96.42|
|MET Institute of Management, Mumbai||97.27|
|Acharya Bangalore Business School, Bangalore||90|
|AIM, 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 the MBA Finance course are as follows:
|Name of the college||Expected MAT Cut-Off (Percentile)|
|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 best MBA finance colleges in India according to the NIRF Ranking:
|NIRF Ranking||College||Average Fees|
|1||IIM Ahmedabad||INR 24.67 LPA|
|2||IIM Bangalore||INR 27.50 LPA|
|3||IIM Calcutta||INR 27 LPA|
|5||IIT Kharagpur||INR 4.85 LPA|
|6||IIM Kozhikode||INR 14.50 LPA|
|7||IIM Indore||INR 7.9 LPA|
|8||IIT Delhi||INR 9.6 LPA|
|9||IIT Bombay||INR 9.33 LPA|
|10||IIT Roorkee||INR 4 LPA|
CAT Score is one of the widely accepted examinations for MBAs all across the country. Below is a list of the best colleges for an MBA in finance 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|
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|
|5||NR Institute of Business Management|
Read More: Top MBA Finance Colleges in Ahmedabad
An MBA in 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 (INR)|
|Presidency University, Bangalore||6.1 LPA|
|Amity Business School, Noida||2.16 LPA|
|SIBM Bangalore||1.46 LPA|
|MIT College of Management, Pune||-|
|BML Munjal University, Gurgaon||1.125 LPA|
|Amity University, Mumbai||1LPA|
|Dr MGR Educational and Research Institute, Chennai||2.2|
|Kristu Jayanti College, Bengaluru||7.8|
An MBA in 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 in Finance.
|Colleges||Fee Structure (INR)|
|BBAU Lucknow||1.8 LPA|
|Alagappa University, Karaikudi||25,700 PA|
|RMLAU Faizabad||50,900 PA|
|GNDU Amritsar||3.15 LPA|
|Bhavnagar University, Bhavnagar||-|
|GJU Hisar||1.21 LPA|
MBA in Finance fees ranges from INR 4 LPA to 20 LPA depending on the facilities and services provided at the institute.
|S.No||College||Total Fees (INR)|
|1||IIM Ahmedabad||23 LPA|
|2||IIM Bangalore||25 LPA|
|3||IIM Calcutta||23 LPA|
|4||IIM Lucknow||19.25 LPA|
|5||IIT Kharagpur||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 course 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 course 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 course work incorporates practical work, projects, internships, and research.
MBA Finance course 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 course 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 course graduates can work in asset management, bank and financing, corporate finance, finance management and the stock market. The MBA in Finance salary package ranges from INR 3 - 9 LPA.
Read More: MBA Finance Jobs and Scope
MBA Finance Course is one of the most sought after courses in the country. The course divulges in the financial management of an organization. The key focus is on budgeting, analytics and finance.
Here is a comparison of MBA in Finance and Marketing
|MBA Finance||MBA Marketing|
|Master of Business Administration in Finance||Master of Business Administration in Marketing|
|2 years||2 years|
|Bachelor's in a relevant subject with 50% from a recognized university.||Bachelor's in a relevant subject with 50% from a recognized university.|
|CAT, GMAT, XAT||CAT, GMAT, XAT|
|IIM Ahmedabad, IIM Roorkee, IIM Bangalore, IIM Calcutta||IIM Ahmedabad, IIM Roorkee, IIM Bangalore, IIM Calcutta|
|INR 4-20 LPA||INR|
Read More: MBA Finance vs MBA Marketing
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 preparing for the MBA Finance course 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 course:
There are a plethora of courses after MBA finance. Students opting for MBA Finance courses 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 course 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.
Read More: MBA in 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 course 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 course graduate, is listed below.
MBA in Finance, is a good option?
For candidates looking to enter into the field of finance and management, this course is best suited to excel in the domain.
How difficult is MBA in Finance?
Since the course has subjects such as Maths and Statistics, candidates generally find MBA in Finance difficult.
What is the role after studying for MBA in Finance?
An MBA in Finance can work in various fields such as investment banking, taxation, tax planning, financial statement reporting and analysis, hedge fund management, international finance, asset finance, and insurance management.
Is MBA Finance a good career choice?
MBA Finance offers jobs in top companies such as Morgan Stanley, JP Morgan, Boston Consulting Group, Lehman Brothers, KPMG, Merrill Lynch to name a few.
Which country is best for MBA in Finance?
UK and USA have some of the best business schools in the world such as MIT, Harvard University, University of Oxford, University of Cambridge.