MBA Finance Management is a two-year postgraduate programme that involves the study of budgeting, finance, analytics. Graduates who have completed this course have diverse job opportunities in the finance sector.

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 age limit
Minimum Percentage 45%-50% in 10+2 with any stream from any recognized education board. Score requireme
Average Fees Incurred INR 4 - 10 Lakhs
Average Salary Offered INR 3.5 - 4.5 LPA (Source: PayScale)
Employment Roles Financial Analyst, Finance Manager, Senior Financial Analyst, Senior Business Analyst, Business Analyst - IT, Operations Manager, Relationship Manager

About MBA in Finance Management 

Phillippatus defines financial management as "It is concerned with the managerial decisions that result in the acquisition and financing of short- and long-term credits for the organizations".

The basic concepts of MBA Finance Management course include handling money or wealth on a larger scale. The important subjects are mathematics, economics, financial theory and management. MBA Finance scope for jobs is high, 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 in Finance are:

  • Finance Mechanics
  • Finance Accounting 
  • Marketing 4Ps 
  • Operational Research 
  • ERP 
  • Business Plans

Table of Contents

Eligibility Criteria for MBA in Finance

MBA in Finance eligibility criteria states that the aspirant must have completed their undergraduate degree with a minimum average of 50% from a recognized university or college in any relevant discipline. The student must have a valid score in the required entrance exam. Work experience is preferred, and it is not mandatory.

Admission Process for MBA in Finance 

The admission process differs from college to college either based on the cut off marks or through a management seat, which depends on the institution's limited seats. The admission process commences in August.

How to Get Admission for MBA in Finance? 

In any discipline, aspirants interested in pursuing an MBA Finance course must have completed their undergraduate degree. MBA Finance eligibility requirements for admission differ based on the institution's course and must be met by the applicant. 

Step 1:

The candidates can either apply online or offline. Based on their merit or the score obtained in the entrance exams, the applicants are shortlisted. Before entry to the program, the universities administer counselling, personal interviews, community discussion rounds.

Step 2:

Marks scored in related management entrance exams by students are taken into account. After an interview, deserving aspirants are allocated seats. The 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.

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:

  • GMAT 
  • CAT 
  • MAT
  • CMAT 
  • PGCET 
  • XAT 
  • SNAP

A Quick Glance at the MBA in Finance Entrance Exams 

The eligibility criteria of the entrance mentioned above 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:

  • Exams may be conducted both online and offline.
  • It is completely objective type, and the question will be based on analytics, data interpretation and quantitative aptitude.
  • The syllabus and the mode of examination is according to the institution's preference. 

 Top 10 MBA in Finance Colleges in India 

List of the top 10 colleges in India for MBA Finance according to NIRF:

NIRF Ranking

College

1

Indian Institute of Management Ahmedabad (IIMA)

2

Indian Institute of Management Bangalore (IIMB)

3

Indian Institute of Management Calcutta (IIMC)

4

Indian Institute of Management Lucknow (IIML)

5

Indian Institute of Technology Kharagpur (IITK)

6

Indian Institute of Management Kozhikode (IIMK)

7

Indian Institute of Management Indore (IIMIDR)

8

Indian Institute of Technology Delhi (IITD)

9

Indian Institute of Technology Bombay (IITB)

10

Indian Institute of Technology Roorkee (IITR)

Fee Structure for MBA in Finance

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 Fee Structure 

1

Indian Institute of Management Ahmedabad (IIMA)

INR 23 LPA 

2

Indian Institute of Management Bangalore (IIMB)

INR 25 LPA

3

Indian Institute of Management Calcutta (IIM)

INR 23 LPA

4

Indian Institute of Management Lucknow (IIML)

INR 19.25 LPA

5

Indian Institute of Technology Kharagpur (IITK)

INR 3.7 LPA

Syllabus and Subjects for MBA Finance

MBA Finance Management 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.

MBA Finance subjects in India are listed below:

  • Management Theory and Practices
  • Marketing Management
  • Organization Behaviour
  • Research Methods for Business
  • Statistics for Managers
  • Operations Management
  • Financial Management

Read More about MBA in Finance Syllabus and Subjects

Why Choose MBA in Finance?

MBA Finance has comprehensive coverage of banks, financial institutions, etc. Let's get to know more about "why choose MBA in Finance?" with the aid of three simplified questions.

What is MBA in Finance All About? 

Whenever people think about a finance course, it is always associated with numeric digits, money, etc. It is not limited to finance, but it is also essential to create wealth for an MBA with Finance consisting of theoretical and practical aspects. It includes assignments, presentations, quizzes and internships that enable them to learn about the financial industry.

What Does MBA Finance Manager Do? 

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. 

Reasons Why MBA in Finance Can Fetch You a Rewarding Career?

Earning Potential: Finance is a field with excellent earning potential opportunities and a wide-area for investing and making the profit margin; this may reward the career options in a wide range of industries. It has seen that this course and stream have considerable growth. 

Financial Growth: MBA in Finance 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 about MBA Finance Jobs

Preparation Tips for MBA in Finance

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 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 upon the verbal, written, vocabulary, analytical skills and have to be practical with the 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.

Scope for Higher Education in 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 like PhD or any specialization courses like Financial Analyst Certification Program, Chartered Accountancy, Certification in Finance and Inv  

Salary of an MBA in Finance

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, ICICI banks are the top financial banks.

 Know More about  MBA in Finance Salary 

Career Options After MBA Finance 

Candidates opting for financial management can work in the sectors like risk management, retail industry, private industry, insurance management, financing, treasury, sales and trading and stock market etc. MBA Finance in India is very popular and it provides various diverse career opportunities, and significant job profiles include

  • Financial consultants
  • Financial advisors
  • Finance associates, and 
  • Financial administration directors

  Read More about  MBA Finance Salary

Skills That Make You the Best in Finance Analyst

Some of the skills listed below may enhance your confidence, resulting in good results. Below the list of skills, one must acquire to be the best finance analyst is listed below.

  • Communication Skills: Communication skills are the skills that are needed to speak appropriately with a variety of people maintaining good eye contact, with appropriate language with your audience.
  • Leadership Skills: Leaders can communicate with team members formally or informally, and motivate their team for working hard, and handle responsibilities allotted to them, listen to the feedback given by anyone and later on work on the feedback that they have gone.
  • Interpersonal Skills: Interpersonal skills are used every day to communicate with people and interact with people legally.
  • Organizational Skills: Aspirants need to stay focused on different tasks and use one's time and mindset, energy, strength, mental capacity, physical strength efficiently to achieve the desired goal of your life.

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

Add Your Question

Improve Your Question

Answer Now

Post By

1