MBA in Finance: Course Details, Eligibility, Fees, Duration, Admission 2024

Duration: 2 Years
Avg Fees: ₹2 - 10 LPA
Roumik Roy
Roumik Roy

Updated on - Jan 6, 2024

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.

Table of Contents

MBA in Finance Course Details

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.

About MBA in Finance

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

MBA in Finance Eligibility Criteria

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:

  • Candidates should have completed a bachelor's degree such as BBA, B.Com, BA, etc., from a recognized university with 50-55% marks for unreserved category and 45% marks for reserved category students. Students are also required to clear national-level entrance exams such as CAT, XAT, MAT, etc.
  • A minimum of 2 to 3 years of work experience is mandatory for the Executive MBA in Finance course.
  • There is no minimum age limit for these entrance exams but some exams such as ATMA require a minimum age criteria of 21 years at the time of application.

MBA Finance Admission 2024

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:

  • Step 1: The students need to clear the entrance exam cut-off as required by the respective colleges.
  • Step 2: The candidate should fill out the application form for respective colleges available online and offline mode.
  • Step 3: After assessing the candidate application, the colleges roll out the list of shortlisted candidates for GD and PI sessions.
  • Step 4: After the final merit list is published, the candidate needs to complete the document verification and pay the fees.

MBA Finance Admission Process

Also, Read More on MBA Admission Process

Top Trending MBA Courses
MBA in Business Analytics MBA in Healthcare Management
MBA in Hospital Management MBA in Operations Management
MBA in HR MBA in Digital Marketing
MBA Marketing MBA in Data Analytics
MBA in Logistics and Supply Chain Management MBA in Data Science

MBA Finance Entrance Exam

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 

Why Choose an MBA in Finance Course?

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:

  • MBA Finance course is one of the most pursued specializations of MBA degree, as the demand for financial experts is always growing with new government initiatives such as digitization, policies, etc.
  • The job scope of an MBA in Finance is diverse as graduates can pursue careers in investment banking, corporate finance, financial planning, and more.
  • As per the Bureau of Labor Statistics, the job opportunities for financial analysts are projected to grow by 9% from the period 2021-2031.
  • The finance industry in India is growing at a constant rate of 8.5% per year, leading to a stable job market for graduates.
  • The course covers a variety of topics, including financial analysis, investment management, and corporate finance.

Why Choose MBA Finance course

Read More: Why MBA In Finance?

Types of MBA in Finance Courses

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 Course

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.

  • There is no upper age limit to enroll in this program.
  • MBA Finance part-time graduates earn an average salary of INR 7.95 LPA.
  • Xavier School Management offers part-time courses for students.

Distance MBA in Finance Course

Below mentioned are the distance MBA in Finance course details:

  • The course can be pursued at colleges like IGNOU, MKU, SCDL, Delhi University, AIMA, Amity University, etc.
  • The average fee of the course is in the range of INR 16,000 -1.25 LPA.
  • The maximum duration of the course can be extended to five years.

Online MBA in Finance Course

Students also have the option to pursue MBA Finance course as an online degree. Check the course details below:

  • Online MBA in Finance course is offered by Manipal University in Jaipur and D Y Patil University.
  • The eligibility criteria for an Online MBA are the same as a regular MBA in Finance course.
  • The course fee ranges between INR 75000-1.6 LPA with a duration of 2 years divided into four semesters.

Top MBA Finance Colleges in India with Fee Details

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

IIT Madras


INR 12,750

INR 47,500 PA

IIM Bangalore

INR 12.25 LPA

INR 20,000


IIM Kozhikode

INR 10.25 LPA


INR 1.20 LPA

BITS Pilani

INR 1.27 LPA

INR 16,500 -

NMIMS, Mumbai

INR 91,000 PA

INR 6,200


SIBM, Hyderabad

INR 6.60 LPA

INR 20,000


Amity University, Noida

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

Top 10 City Wise MBA in Finance Colleges in India

Below listed are the location-wise MBA Finance colleges in India:


Average Annual Fees

MBA Finance Colleges in Mumbai


MBA Finance Colleges in Pune

INR 1-4.50 LPA

MBA Finance Colleges in Delhi

INR 55,000-5 LPA

MBA Finance Colleges in Chennai

INR 35,000-7 LPA

MBA Finance Colleges in Hyderabad

INR 2-6.50 LPA

MBA Finance Colleges in Ahmedabad

INR 2.50-10 LPA

MBA Finance Colleges in Bangalore

INR 1.50-13 LPA

MBA Finance Colleges in Jaipur

INR 85,000-3.50 LPA

MBA Finance Colleges in Kolkata

INR 1.50-6.50 LPA

MBA Finance Colleges in Nagpur

INR 1.50-5.50 LPA

MBA Finance Colleges

MBA Finance Cutoff 2023

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:

CAT Cutoff for MBA Finance Course

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)

DMS, IIT Madras


LIBA, Chennai




IMT, Ghaziabad


SPJIMR, Mumbai


XIMB, Bhubaneshwar


IIT Madras


CMAT Cutoff for MBA Finance Course

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)

SIMSR, Mumbai


Welingkar, Mumbai




XISS, Ranchi


MET Institute of Management, Mumbai


Acharya Bangalore Business School, Bangalore


AIM, New Delhi


JIM, Noida


MAT Cutoff for MBA in Finance Course

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)

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

MBA in Finance Syllabus and Subjects

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


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.

MBA in Finance Projects

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:

  • Report on Working Capital Management
  • analysis of Costing models
  • Investment Analysis
  • Capital Budgeting 
  • Merger and acquisition
  • Risk Perception and Portfolio Management of Equity Investors
  • Financial Planning For Individual Investors

Read More: MBA Finance Syllabus and Subjects

MBA Finance vs MBA Marketing

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:


MBA Finance 

MBA Marketing 


Master of Business Administration in Finance 

Master of Business Administration in Marketing


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.




Course Duration

2 years

2 years


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



Top Colleges

IIM Ahmedabad, IIM Kozhikode, IIM Bangalore

Amity University, Institute of Business Management, IIMA


INR 60,000-13 LPA

INR 2-12 LPA

Average Salary

INR 5 - 17 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

Courses After MBA in Finance 

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:

  • PhD
  • CS
  • CFA
  • Certification course in Fintech and Digital Finance
  • Certification course in Sustainable Finance and ESG Investing

Read More: Top 10 Courses after MBA Finance

MBA in Finance Salary in India

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



Financial Analyst



Risk Analyst


INR 10-12 LPA

(Source: Payscale & Ambition Box)

Read More: MBA in Finance Salary 

Career Options After MBA in Finance Course

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


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.


They handle the entire financial element of a business and are responsible for its financial health.

Top Recruiters for MBA in Finance 

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

MBA Finance Recruiters

MBA in Finance Scholarships

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


Scholarship Amount

Aditya Birla Group Scholarship

60% marks in the undergraduate studies

INR 3 Lakhs

Mahatma Gandhi Scholarship 

  • 80% and above in their class 10th and 12th examination
  • First Class in bachelor's degree from recognized university 

INR 12 - 14 Lakhs ( Depending on the course)

HDFC Bank Parivartan's ECS Scholarship

  • 55% in qualifying MBA entrance exams. 
  • The annual income of the Family must be less than or equivalent to INR 2.5 lakh.

INR 75,000

IDFC First Bank MBA Scholarships

Only for Indian nationals under the age of 35 years

INR 2 Lakhs

Gaurav Foundation Scholarship 

  • A minimum of 60% marks in class 12th.
  • First Class in Bachelor’s degree from recognized university.

INR 4 Lakhs

Skills to Excel as an MBA in Finance Graduate

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.

  • Analytical Thinking: Candidates must possess the ability to analyze a given situation and come up with the most effective solution in a timely manner.
  • Proficiency in Data Analysis:  The students must be able to evaluate and find logical techniques in data analysis. 
  • Financial Reporting: Applicants should possess the ability to efficiently obtain financial statements and reports through appropriate methods.
  • Cash Flow Management: Being able to track and manage cash flow in business is a crucial skill necessary for excelling in the job.
  • Knowledge of Financial Accounting and Analysis: Candidates should have proper knowledge of accounting and finance to make effective decisions. 
  • Numerical and quantitative aptitude: This ability is required for making sound decisions through the use of logical reasoning and numerical procedures.

MBA in Finance Fee Structure


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)

See Various MBA in Finance Colleges in India