MBA Finance is a two-year postgraduate programme that deals with the study of budgeting, finance, and analytics. The main aim of the MBA in 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 in 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
Average Fees Incurred INR 4 - 20 Lakhs
Average Salary Offered 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

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".

What is an MBA in Finance? The basic concepts of MBA Finance syllabus include handling money or wealth on a larger scale. The important subjects are mathematics, economics, financial theory and management. The course has a high job scope, 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

Admission for MBA Finance course 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.

How to Get Admission for MBA in Finance? 

Admission procedure for MBA Finance course is done through merit-basis and management-based. Aspirants must satisfy the minimum eligibility criteria, a combination of bachelor’s degree and entrance exam scores. Listed below are the general admission process followed by popular universities across the country:

Apply For the Course

The aspirants 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.

Selection Criteria

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:

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 in Finance according to NIRF:

NIRF Ranking College
1 IIM Ahmedabad
2 IIM Bangalore
3 IIM Calcutta
4 IIM Lucknow
5 IIT Kharagpur
6 IIM Kozhikode
7 IIM Indore
8 IIT Delhi
9 IIT Bombay
10 IIT Roorkee

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  INR 23 LPA 
2 Indian Institute of Management, Bangalore  INR 25 LPA
3 Indian Institute of Management, Calcutta  INR 23 LPA
4 Indian Institute of Management, Lucknow  INR 19.25 LPA
5 Indian Institute of Technology, Kharagpur  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 in 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 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? 

MBA in 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 subjects include portfolio management, small business and corporate finance, securities analysis, and corporate investment management. MBA in Finance job scope is diverse, and one can get opportunities in many reputed financial institutions.

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 

There are a plethora of higher education opportunities after completing an MBA in 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 such as

Salary of an MBA in Finance

The average salary of an MBA in 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 
  • Financial administration directors

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

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