MBA in Finance Management is a professional postgrad program that is slanted towards the management of finances and accounts to achieve certain organizational objective. The Finance stream of MBA degree imparts the necessary skills and knowledge to control, manage and review the investment and resources of money. In simple words, this course is focused on the planning and controlling the financial resources of an industry. The students willing to pursue MBA in Finance should have a firm background in Accounting & Mathematics.
| Course Name | Master of Business Administration in Finance Management |
| Course Level | Postgraduate |
| Course Duration | 2 Years |
| Exam Mode | Semester (4) Based |
| Degree Confer Mode | Full-Time/ Part-Time/ Distance Mode |
| Internship | Yes |
| Minimum Eligibility | 50% Marks in Graduation |
| Entrance Exam | CAT/ MAT/ GMAT/ XAT/ SNAP/ NMAT/ ATMA/ CMAT etc. |
| Average Course Fee | INR 3 LPA to INR 8 LPA |
| Average Starting Package | INR 7 LPA |
| Top Job Profiles | Finance Manager, Chief Technology Officer, Marketing Manager etc. |
| Top Recruiters | HDFC, ICICI Bank, Accenture, Oil India Limited, Asian Paints, Amazon etc |
MBA in Finance Management is a two-year duration course and the curriculum is divided into 4 semesters. A formal degree can be pursued in full-time as well as part-time. The colleges offering this course mat differ in name (like Finance, Marketing & Finance etc.), but their nature and coverage areas are same. This is one of the most preferred MBA specialization that provides understanding and skills in-
Corporate banks, Asset management, private equity & insurance companies are some of the best sectors offering good job profile to the MBA students. Some of the top colleges in India like IIM Ahmedabad, Calcutta, Kozhikode, FMS Delhi, JBIMS Mumbai are offering a full time degree in MBA Finance.
Students can appear in any of the following tests mentioned below to get a seat in the top management colleges of India-
India has number of management colleges whom vary in their criteria standards and the procedures for admission. Some college make direct admissions based upon the marks in qualifying exams during bachelor program. The aggregate remains more or less the same.
The top B-Schools would grant admission based on the rank/ score in National or University level Entrance Exams like CAT, XAT, MAT etc. Some private institutions would conduct their own entrance test involving rounds like-
The syllabus of MBA in Finance is comprised of core subjects and elective subjects. Generally, the subjects in the first two semesters for all the MBA specializations are nearly same. The electives and other specialized topics are covered in the last year of curriculum.
The course syllabus is designed to provide leadership and managerial skills besides the core knowledge of subjects. The course-curriculum of this course is an all-inclusive culmination of classroom discussions, cases studies, soft-skills, industry interactions, group projects and other activities.
| Course Subjects in MBA Finance | |||
|---|---|---|---|
| Organizational Behavior | Marketing Management | ||
| Quantitative Methods | Human Resource Management | ||
| Managerial Economics | Business Communication | ||
| Financial Accounting | Information Technology Management | ||
| Management Science | Economic Environment of Business | ||
| Financial Management | Management Accounting | ||
| Production & Operations Management | Management of Information System | ||
| Marketing Research | Organization Effectiveness & Change | ||
| Risk Management | Corporate Taxation | ||
| Management control System | Commercial Banking | ||
| Security Analysis & Investment Management | Indian Accounting Standards | ||
| Business Analysis & Valuation | Macroeconomics | ||
| Business & Corporate Laws | Strategic Management | ||
| Public Financial Administration | IT for Finance | ||
The above listed subjects is a general overview of the syllabus covered during the curriculum. The program involves theoretical as well as practical learning where students are trained on various soft-tools for analyze and plan up a business model.
| Ranking | College/ University & Location | Fees/ Year |
|---|---|---|
| 01 | Faculty of Management Studies, Delhi | INR 1,00,000 |
| 02 | Indian School of Business, Hyderabad | INR 17,00,000 |
| 03 | XLRI Xavier School of Management, Jamshedpur | INR 11,00,000 |
| 04 | Christ Academy Institute of Advanced Studies, Bangalore | INR 2,50,000 |
| 05 | SP Jain Institute of Management & Research, Mumbai | INR 8,00,000 |
| 06 | DFS DU - Financial Management, Delhi | INR 13,000 |
| 07 | Management Development Institute, Gurgaon | INR 10,50,000 |
| 08 | Indian Institute of Foreign Trade, Delhi | INR 8,35,000 |
| 09 | St. Joseph Institute of Management, Bangalore | INR 3,90,000 |
| 10 | Symbiosis Institute of Business Management, Pune | INR 10,17,000 |
| 11 | Mount carmel, Bangalore | INR 1,14,000 |
| Ranking | College/ University & Location | Fees/ Year |
|---|---|---|
| 01 | Faculty of Management Studies, Delhi | INR 1,00,000 |
| 02 | DFS DU - Financial Management, Delhi | INR 13,000 |
| 03 | Management Development Institute, Gurgaon | INR 10,50,000 |
| 04 | Indian Institute of Foreign Trade, Delhi | INR 8,35,000 |
| 05 | International Management Institute, New Delhi | INR 6,50,000 |
| Ranking | College/ University & Location | Fees/ Year |
|---|---|---|
| 01 | Christ Academy Institute of Advanced Studies (CAIAS), Bangalore | INR 2,50,000 |
| 02 | Mount Carmel Institute of Management, Bangalore | INR 2,25,000 |
| 03 | Kristu Jayanti College, Bangalore | INR 17,000 |
| 04 | St. Joseph Institute of Management, Bangalore | INR 3,90,000 |
| 05 | IFIM Business School, Bangalore | INR 8,00,000 |
| Ranking | College/ University & Location | Fees/ Year |
|---|---|---|
| 01 | Department of Management Sciences (Pune University), Ganeshkhind | INR 66,000 |
| 02 | School of Management MIT WPU, Pune | INR 3,75,000 |
| 03 | Symbiosis Institute of Business Management, Pune | INR 4,80,000 |
| 04 | DY Patil Institute of Management Studies, Pune | INR 1,45,000 |
| 05 | Bharati Vidyapeeth University, Pune | INR 2,25,000 |
MBA in Finance Management is quite a lucrative career option with immense opportunities across private and public establishments. By ginning highly technical financial skill, students can get very lucrative pay packages as well. The job opportunities are tremendous for finance students in the sectors of retail, accounting, advisory etc. Some of the top sectors for MBA professionals-
There are plenty of reputed job profiles for the MBA students in the top MNCs and corporate houses. Some of the top profiles include Financial Analyst, Accounting Manager, Risk & Insurance Managers, Investment Banking Associates etc. Education is also one important sector where MBA students can begin as assistant professor.
Lots of students also opt for higher studies besides the option of employment in a good company. Moreover, this course is also suitable if anyone is willing to run their own private business. Students can pursue higher degrees like CFA (Chartered Financial Analyst), CISA (Certified Information System Auditor), etc.
Finance Management is one of the most common MBA specialization students opt for because of the fantastic pay package offered by the top firms, enterprises and MNCs. The placement track record in the top B-Schools of India was around 80-85% in the year 2019-2020. Among the rest, several also opt for higher studies or international degrees in finance.
The management colleges would provide Internship opportunities to the students. Students basically learn to work in an organization depending upon their key responsibilities. Lots of students are also offered stipend or packages during the training period. The average package of MBA in finance is approximately 6-7 LPA.
The Training & Placement cell in the B-schools provides employment opportunity to the students within their respective campuses. The cell coordinates with the leading MNCs and firms to invite them to their campus for pool placement. The leading industries like Google, KPMG, Microsoft etc. visits top recruit young professionals.
| Some of the top MNCs and companies visiting B-Schools for placements are listed below | |||
|---|---|---|---|
| Goldman Sachs | ITC | ||
| Morgan Stanley | ZS Associates | TATA Group | |
| Boston Consulting Group | Asian Paints | Astra Zeneca | |
| Bain & Company Microsoft | Accenture | Strategy | |
| JP Morgan Chase & Co. | Amazon | Glaxo Smith Kline | |
| McKinsey & Co. | KPMG | Ernst & Young | |
| Barclays | Colgate Palmolive | American Express | |
| KPMG | Hindustan Unilever | Aditya Birla Group | |
To know more about the Admission Process in MBA in Finance Management call us at +91-9743277777