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MBA in Finance

What is an MBA in Finance Management?

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-

  • Financial Management
  • Corporate financial Planning
  • Corporate Acquisitions and Mergers
  • Accounting
  • Banking and others

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.

MBA in Finance Eligibility Criteria:

  • Bachelor's degree with a minimum aggregate of 50% marks in relevant discipline.
  • A relaxation of 5% is granted to the reserved category students.
  • There is no age limit in particular

MBA Finance Entrance Exams:

Students can appear in any of the following tests mentioned below to get a seat in the top management colleges of India-

  • GMAT: Graduate Management Admission Test
  • CAT: Common Admission Test
  • MAT: Management Aptitude Test
  • CMAT: Common Management Aptitude Test
  • XAT: Xavier Aptitude Test

Admission Process:

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-

  • Written Test (Aptitude)
  • Group Discussion (GD)
  • Personal Interview (PI)

MBA Finance Syllabus

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.

MBA Finance Subjects

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.

MBA Finance Top Colleges in India

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

MBA Finance Top Colleges in Delhi

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

MBA Finance Top Colleges in Bangalore

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

MBA Finance Top Colleges in Pune

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

Scope of MBA in Finance

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-

  • Asset Management
  • Retail Banking
  • Financial Advisory
  • Accounting
  • Planning and Taxation
  • Risk Management
  • Sales and Trading
  • Personal Finance
  • Insurance etc

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.

MBA Finance Placements

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.

MBA Finance Placements

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 Google 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

MBA in Finance is a 2-year duration postgraduate program in management and business administration.
Not exactly. Some colleges provide admission on the basis of qualifying marks only while admission in the top B-schools are offered on the basis of national level Entrance Exams like CAT/ MAT/ CMAT/ GMAT etc. In some colleges like Christ Academy, GD and PI is also conducted.
CAIAS Bangalore, ISB Hyderabad, SPJIMR Mumbai, IIFT Delhi, Mount Carmel Bangalore, Symbiosis Pune are the top colleges offering MBA in Finance Management.
The total average course fee for MBA in Finance ranges between INR 4 Lakhs to INR 15 Lakhs.
With a degree of MBA in Finance, one can join banking as well as non-banking sectors. Besides, one can also work in Corporate Budgeting, Investment Analysis, Financial Management etc. across the top MNCs.

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