MBA Finance: Course Details, Fees, Admission, Eligibility


2 Years

Average Fees

INR 4 - 20 Lakhs

Rahil Ahmed

Updated on Mar 27, 2023 by Rahil Ahmed

Rahil Ahmed

Updated on Mar 27, 2023 by Rahil Ahmed

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.

MBA Finance Course Details

Degree Masters
Full Form Master of Business Administration in Finance
Duration 2 Years
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:

  • March 27, 2023: Admission is open at ISMS Pune for MBA & PGP Program. Read More
  • March 27, 2023: Admission is open at JIIT Noida for UG & PG courses 2023-2025, the last date to apply is May 31, 2023. Read More

About MBA Finance Course

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

Eligibility Criteria for MBA Finance

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.

Who Should Pursue an MBA in Finance?

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:

  • Candidates who wish to pursue further in the finance field.
  • Students who have completed their BBA or Bachelors's in a relevant field are apt for the course.
  • Candidates opting for CFA can also pursue MBA in Finance.

When To Do MBA Finance?

MBA Finance opens career opportunities to various fields across the country and globally. Here are a few factors that govern MBA Finance:

  • The most advised suggestion before pursuing MBA in Finance is to gain a work experience for a year or more as an accountant, financial analyst etc. Although not compulsory, it is better advised to gain weight during admissions,
  • If a candidate wants to travel abroad to study for an MBA, they should have at least 3 - 5 years of experience in the industry. 
  • Since the course fee is very expensive, it is good to have work experience and a few resources at hand before pursuing MBA in Finance.

How to Get Admission for 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:

MBA Finance Admission Process

Apply For the MBA Finance Course

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.

Selection Criteria

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.

Direct Admission

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

Types of MBA Finance Courses

Aspirants can pursue the course in full-time or part-time mode. Below are the types of MBA Finance courses in detail:

Full-Time MBA Finance

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.

Part-Time MBA Finance

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.

Distance MBA Finance

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:

A Quick Glance at the MBA Finance Entrance Exams 

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:

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

MBA Finance Cutoff of Top Colleges

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:

CAT Cut Off for MBA Finance

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. 

CAT Cut Off for MBA Finance
Name of college Expected CAT Cut-Off (Percentile)
DMS, IIT Delhi 98+
LIBA, Chennai 90+
SJMSOM, IIT Bombay 99+
IMT, Ghaziabad 90+
MDI, Gurgaon 95+
NITIE, Mumbai 95+
SPJIMR, Mumbai 85+
XIMB, Bhubaneshwar 90+
IIT Madras 95+

CMAT Cut-Off For MBA Finance

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:

CMAT Cut-Off For MBA Finance
Name of the college Expected CMAT Cut-Off (Percentile)
JBIMS, Mumbai 99.9
GIM, Goa 99.85
SIMSR, Mumbai 99.2
Welingkar, Mumbai 99.06
PUMBA DMS, Pune 96.42
XISS, Ranchi 95
MET Institute of Management, Mumbai 97.27
Acharya Bangalore Business School, Bangalore 90
AIM, New Delhi 85
JIM, Noida 82

MAT Cut Off For MBA Finance

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:

MAT Cut Off For MBA Finance
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

Top MBA Finance Colleges in India 

Below is the list of best MBA finance colleges in India according to the NIRF Ranking:

Top MBA Finance Colleges as per 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
4 IIM Lucknow  
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

Top MBA Finance Colleges

Top MBA Colleges Accepting CAT Score: Location-Wise

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. 

Top MBA Finance Colleges in Delhi

Below is a list of Top MBA Finance Colleges accepting CAT Scores in Delhi.

MBA Finance Colleges in Delhi
Sl.No. Colleges 
2 Jamia Hamdard

Read More: Top MBA Finance Colleges in Delhi

Top MBA Finance Colleges in Bangalore

Below is a list of Top MBA Finance Colleges accepting CAT Scores in Bangalore.

MBA Finance Colleges in Bangalore
Sl.No. Colleges 
1 IIM Bangalore
2 Christ University
3 AIMS Institute
5 Presidency University

Read More: Top MBA Finance Colleges in Bangalore

Top MBA Finance Colleges in Pune

Below is a list of top MBA Finance colleges accepting CAT Scores in Pune. 

MBA Finance Colleges in Pune
Sl.No. Colleges 
1 Symbiosis Institute of Management Studies
3 Sinhgad Institute of Management
5 Ajeenkya DY Patil University

Read More: Top MBA Finance Colleges in Pune

Top MBA Finance Colleges in Chennai

Below is a list of top MBA Finance colleges accepting CAT Scores in Chennai. 

MBA Finance Colleges in Chennai
Sl.No. Colleges 
1 Great Lakes Institutes
2 Vels University

Read More: Top MBA Finance Colleges in Chennai

Top MBA Finance Colleges in Kolkata

Below is a list of top MBA Finance colleges accepting CAT Score in Kolkata

MBA Finance Colleges in Kolkata
Sl.No. Colleges 
3 Techno India University
5 Army Institute of Management

Read More: Top MBA Finance Colleges in Kolkata

Top MBA Finance Colleges in Mumbai

Below is a list of top MBA Finance colleges accepting CAT Scores in Mumbai.

MBA Finance Colleges in Mumbai
Sl.No. Colleges 
2 KJ Somaiya Institute of Management
3 Welingkar

Read More: Top MBA Finance Colleges in Mumbai

Top MBA Finance Colleges in Ahmedabad

Below is a list of top MBA Finance colleges accepting CAT Scores in Ahmedabad. 

MBA Finance Colleges in Ahmedabad
Sl.No. Colleges 
1 IIM Ahmedabad
2 Nirma University
3 Amrut Mody School of Management
5 NR Institute of Business Management

Read More: Top MBA Finance Colleges in Ahmedabad

Top Private MBA Finance Colleges In India

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.

Private MBA Finance Colleges In India
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
Burdwan University -
Kristu Jayanti College, Bengaluru 7.8
Mysore University -

Top Government MBA Finance Colleges In India

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.

Government MBA Finance Colleges In India
Colleges Fee Structure (INR)
Burdwan University -
Mysore University -
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
JNTUA Anantapur -

Fee Structure for MBA Finance

MBA in Finance fees ranges from INR 4 LPA to 20 LPA depending on the facilities and services provided at the institute. 

Fee Structure for MBA Finance
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

Syllabus and Subjects for MBA Finance

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:

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

Read More: MBA Finance Syllabus and Subjects

Why Choose MBA Finance Course?

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.

Why Choose MBA Finance?

What is MBA Finance All About? 

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.

What is Taught in MBA Finance?

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.

What Does MBA Finance Manager Do? 

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. 

Reasons Why MBA Finance Can Fetch You a Rewarding Career?

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 Comparison

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. 

MBA Finance vs MBA Marketing

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


Management  Management 

Course Duration

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.

Entrance Exams


Top Colleges

IIM Ahmedabad, IIM Roorkee, IIM Bangalore, IIM Calcutta IIM Ahmedabad, IIM Roorkee, IIM Bangalore, IIM Calcutta



Read More: MBA Finance vs MBA Marketing

Preparation Tips for MBA Finance Course

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.

Benefits Of Studying MBA Finance

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: 

  • An MBA Finance course will provide you with the knowledge and skills needed to succeed in today's global and regional markets. 
  • MBA Finance course is a comprehensive programme that teaches skills in a variety of financial areas. It includes core financial management, corporate planning, mergers and acquisitions, and banking.
  • Private equity and investment firms such as Bank of America Merrill Lynch, Morgan Stanley, and Goldman Sachs are among the top MBA Finance recruiters. 
  • The MBA Finance course's goal is to prepare students to work in finance.

Scope for Higher Education in MBA Finance 

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

Salary of an MBA Finance

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 

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, stock market, etc.

Top MBA Finance Companies

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 
  • Financial administration directors

Top Companies Hiring MBA Finance Graduates

Below is a list of some of the top companies that hire MBA Finance course Graduates:

  • Morgan Stanley
  • JP Morgan
  • Boston Consulting Group
  • Lehman Brothers
  • KPMG
  • Merrill Lynch
  • Goldman Sachs
  • McKinsey
  • Deutsche Bank
  • ICICI Bank
  • Barclays
  • Bain & Co
  • Deloitte
  • Citi Bank
  • HSBC Bank

Skills That Make You the Best MBA Finance Graduate

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.

  • Communication Skills: Communication skills are the skills that are needed to speak appropriately with a variety of people maintain good eye contact, with appropriate language with your audience.
  • Leadership Skills: Leaders can communicate with team members formally or informally, motivate their team for working hard, 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 their time and mindset, energy, strength, mental capacity, and physical strength efficiently to achieve the desired goal of their life.

MBA Finance Fee Structure


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.

See Various MBA Finance Colleges in India

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