SRM University Chennai
- Fees: ₹ 390000
What is Finance
Finance, as the name suggests, deals with the study and management of money and investments. The study of finance mostly focuses on how money and investment are handled by the individual, company, or government. Finance is a very vast term that studies the activities that are associated with banking, debit, credit, loan, capital markets, and also many other aspects related to finance.
Finance being a broad term, needs to be studied with concentration as it is more focused on the management of money. The main motive of finance is to help people save, manage, and also properly raise their money. Around 600 colleges in India offer finance courses at various levels.
Candidates in this field get hired at good job positions after the completion of their education. After completing their bachelor’s degree, they can pursue higher education in the field of education. Candidates are hired as Finance Analysts, Finance Managers, and Bank Managers.
Finance Course Details
Particulars | Values |
Branch Name | Finance |
Degree | |
Duration | UG: 3 years PG: 2 years |
Eligibility Criteria | UG: 10+2 in any stream PG: Bachelor’s Degree in a related discipline |
Admission Process | Entrance Exam/ Direct Admission |
Top Entrance Exams | UG: CUET UG PG: CUET PG, CAT, GATE, MAT, NPAT, JET |
Average Course Fees | Rs. 4,300 to Rs. 21.4 Lakhs |
Career Options | Finance Manager, Accounting Manager, Business Analyst, Operations Manager, Bank Manager, Relationship Manager |
Average Salary | Rs. 6.1 LPA (Financial Analyst) |
Recruiting Companies | HDFC, ICICI, Barclays, Morgan Stanley, HSBC, Lehman Brothers, BCG, Genpact, E&Y |
Top Private Finance Colleges in India
Finance courses are offered by around 500 private institutes in India. The course fees are generally higher than a public institute. Mentioned below are the top private colleges offering Finance courses in India:
Colleges | Fees |
Rs. 7.55 Lakhs | |
Rs. 1.84 Lakhs | |
Rs. 4.5 Lakhs | |
Rs. 21.38 Lakhs | |
Rs. 2.4 Lakhs | |
Rs. 14 Lakhs | |
Rs. 9.75 Lakhs | |
Rs. 2.4 Lakhs | |
Rs. 14.85 Lakhs | |
Rs. 14.35 Lakhs |
Note: The fee structure provided above can be for any particular Finance course (Diploma/ Degree/PGD).
Top Government Finance Colleges in India
Government institutes are known to provide quality education at affordable fees. Many government colleges offer Finance courses at undergraduate and postgraduate levels. Mentioned below are the top government colleges offering Finance courses in India:
Colleges | Fees |
Rs. 37,140 Lakhs | |
Rs. 20.5 Lakhs | |
Rs. 3.5 Lakhs | |
Rs. 1.8 Lakhs | |
Rs. 6.93 Lakhs | |
Rs. 40,000 | |
Rs. 25,450 | |
Rs. 10 Lakhs | |
Rs. 15,000 | |
Rs. 97,000 |
Eligibility Criteria (UG & PG) of Finance
To be suitable to pursue a finance course, it is very important to fit in the eligibility criteria.
For Finance Undergraduates:
Candidates have to meet certain eligibility criteria to pursue a Finance course at the undergraduate level. The eligibility criteria are as follows:
- If the candidate wants to pursue a course in finance, then they should be eligible and must have passed 10+2 with at least an average of 60 per cent.
- The candidate needs to study Mathematics or Statistics as their compulsory subject as it is necessary for finance.
- However, many colleges accept students with any stream in 10+2.
Top Entrance Exams for UG Courses
There is an entrance examination for admission into undergraduate programmes offered by central and other universities across India. The details are as follows:
Exam Name | Level | Conducting Body | Exam Schedule |
National | NTA |
For Postgraduates:
Many degrees are offered in Finance at the postgraduate level. The eligibility criteria are as follows:
- The eligibility criteria is a bachelor’s degree in any stream with a minimum aggregate of 50 per cent marks from any recognised college or university.
- There are some entrance examinations that the candidate has to appear for to get admission into B-schools.
Top Exams for PG Courses
There are various entrance exams for admission to Finance Courses at the postgraduate level. The top entrance exams are mentioned below for admission to PG courses in different fields of finance:
Exam Name | Level | Conducting Body | Exam Schedule |
National | NTA | ||
National | IIMs | ||
National | AIMA | ||
International | GMAC | - | |
National | NMIMS | - |
Scope of Finance in India and Abroad
The graduates find employment in the organisations that are required to maintain the balance of the finances in all the sectors. There is an immense demand for individuals in this field who are from financial backgrounds because every organisation needs financial intelligence and also stability in their company to grow their business.
Job opportunities in the finance field are global, not only in India but also Abroad. The doors to more opportunities in the field of finance keep increasing as the scope of this course is going to be high in the coming years. Therefore, the scope and the demand for finance cannot be less as we need finance in every aspect of our lives be it individual, company, or government bodies.
Course Fees Finance
| Minimum Fees | Maximum Fees | |||
|---|---|---|---|---|
| Private | Government | Private | Government | |
| UG |
4.31 K
B.Com in Finance at St Joseph's College, Irinjalakuda
|
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Data not available
|
55.36 Lakhs
B.B.A in Finance at Symbiosis Centre for Management Studies, Pune
|
79.20 K
B.Com(Hons) in Finance at College of Applied Science, Attappadi
|
| PG |
3.32 K
M.Com in Finance at The Cochin College, Cochin
|
---
Data not available
|
25.40 Lakhs
MBA in Finance at Symbiosis Institute of Business Management, Bengaluru
|
20.50 Lakhs
P.G.P in Finance at Indian Institute of Management Kozhikode
|
| DOCTORAL |
1.67 Lakhs
Ph.D in Finance at Indus University, Ahmedabad
|
---
Data not available
|
6.97 Lakhs
Ph.D in Finance at Himalayiya University, Dehradun
|
---
Data not available
|
| DIPLOMA |
14.90 K
Diploma in Finance at Xavier Institute of Business Management Studies, Mumbai
|
---
Data not available
|
1.00 Lakhs
Diploma in Finance at TeamLease Skills University, Vadodara
|
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Data not available
|
Course Subjects
The subjects included in the finance course encompass management and business subjects, along with giving students training about how to manage the financial field. The subjects include the core subjects for better understanding.
Finance Syllabus for UG Courses
The course includes lectures, discussions, lessons, case studies, interactions, and other group activities. The syllabus of BCom (Finance) taught at Osmania University is as follows:
Semester 1 | Semester 2 |
English (First Language) | English (First Language) |
Second Language | Second Language |
AECC1 a)Environmental Science / b)Basic Computer Skills | AECC2 a)Basic Computer Skills / b)Environmental Science |
Financial Accounting-I | Financial Accounting-II |
Business Organization and Management | Business Laws |
Indian Financial System | Fundamentals of Financial Management |
Semester 3 | Semester 4 |
English (First Language) | English (First Language) |
Second Language | Second Language |
SEC (a) Communication skills / (b) Professional Skills | SEC (a) Leadership & Management Skills / (b) Universal Human Values |
SEC a) Fundamentals of Excel / b) Big Data Analysis | SEC (a) Project Finance / (b) Cyber Security Laws |
Advanced Accounting | Income Tax |
Business Statistics-I | Business Statistics-II |
Security Analysis | B.COM (Finance) |
- | Portfolio Management |
Semester 5 | Semester 6 |
English (First Language) | English (First Language) |
Second Language | Second Language |
GE a) Business Economics / b) Business Environment & Policy | DSE a) Financial Derivatives / b) Mutual Fund Management |
DSE a) Personal Finance / b) Blockchain Technology | DSE a) Financial Analytics / b) Business Ethics and Corporate Governance |
DSE a) Behavioral Finance / b) Data Mining and Business Intelligence | DS a) Fintech Services b) GST – Theory and Practice |
DSE a) International Finance / b) Financial Statement Analysis | Research Methodology and Project Report |
Finance Syllabus for PG Courses
The syllabus of Finance courses at postgraduate depends on the degree and specialisation chosen by the student. The syllabus also may vary depending on the institute. In the table below, we have mentioned the semester-wise syllabus of the PG Diploma in Finance at BITS Pilani:
Semester 1 | Semester 2 |
Global Financial Markets and Products | Financial Analytics |
Security Analysis and Portfolio Management | Multinational Finance |
Financial and Management Accounting | Elective 1 |
Financial Management | Elective 2 |
Upcoming trends
The digital transformation is making everyone get adapted to the changes in the fields. The finance field includes digital transactions where people can make money transactions easily with applications available on the smartphone. In the field of Finance, several key trends are shaping the direction of educational courses. Here are some upcoming trends in Finance courses:
- Fintech Integration
- Sustainable Finance
- Blockchain
- Data Analytics and Machine Learning
- Global Financial Markets
- Behavioural Finance
Job Profiles and Top Recruiters
There are various Job Profiles offered to Finance graduates. There are few top-paying jobs for Finance graduates. Some of the job profiles in the finance field are as follows:
Job Profile | Description |
The Business Analyst helps with analysing the data and using it in an appropriate way to increase the financial profit of the company. They also provide various suggestions from the insights of the organisation. | |
Finance Manager | A Finance Manager is the one who reviews the financial reports, prepares activity reports, financial forecasts, and also monitors the accounts to look after the financial requirements of the organisation if any. |
The Operation Manager is responsible for the smooth functioning of the operations department of the organisation. They also have to make sure that the needs and requirements of the operations department are fulfilled. | |
Bank Manager | A Bank Manager supervises and manages the bank in all the other departments wherever required. |
A Relationship Manager has to make sure that the overall relations of the company in terms of finance are looked after. |
Average Salary
The salary package in the finance field is high based on the individual’s prior work experience if any. But the average salary in this field keeps increasing.
Job Profile | Average Salary |
Finance Manager | Rs. 17 LPA |
Business Analyst | Rs. 9 LPA |
Accounting Manager | Rs. 10.55 LPA |
Management Consultant | Rs. 28.65 LPA |
Rs. 6.1 LPA | |
Bank Manager | Rs. 9.2 LPA |
Source: Glassdoor
Note: Salary may vary depending on various circumstances.
Required Skillset for Finance
The skills in the field of finance are vast and also need the professional to have these skills to grow in the field.
- Financial Reporting
- Interpersonal Skills
- Analytical Ability
- Management Experience
- Work Under Pressure
Course Curriculum for Finance
The course curriculum includes a study of core finance topics, which include accounting, finance, and financial valuation. The curriculum comprises subjects that are required with a variety of advanced subjects which will help you to understand the course better. The course provides a strong experience with the fundamentals of finance.
The main motive of the course curriculum is to develop an interest among the students regarding the different areas of finance. The course aims at teaching the students the skills and giving them knowledge so that they can work in any Finance sector.
Therefore, the main objective of the course curriculum is to make sure that the students acquire enough knowledge and all the required skills in this field so that they will be able to work in any of the sectors that come under finance.
Popular Finance Entrance Exams in India
Popular Finance Colleges in India VIEW ALL
LPU Jalandhar
- Fees: ₹ 627000
- Exams: LPU NEST
Christ University
- Fees: ₹ 755000
- Exams: Christ University (CUET)
Dr MGR Educational and Research Institute, Chennai
- Fees: ₹ 260000
Presidency University, Bangalore
- Fees: ₹ 450000
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Frequently Asked Questions (FAQs)
Question: What are the career options in the field of Finance?
Answer :
There are many career options that candidates can opt for such as Finance Manager, Accounting Manager, Business Analyst, Operations Manager, Bank Manager, and Relationship Manager.
Question: What are the top entrance exams in the field of Finance?
Answer :
The entrance exams depend on the level of education. Some of the top entrance exams in the field of Finance are CUET, CAT, GATE, NPAT, and JET.
Question: What are some of the best colleges for pursuing a Finance degree?
Answer :
IIMSs are one of the best institutes for completing your Bachelor's and Master’s degrees. IMT Ghaziabad, ISB Hyderabad, and ISB Mohali offer Finance as their postgraduate courses.
Question: What are the top companies hiring Finance graduates?
Answer :
The top companies hiring Finance graduates are HDFC, ICICI, Barclays, Morgan Stanley, HSBC, Lehman Brothers, BCG, Genpact, and E&Y.
Question: What are the average course fees for Finance courses?
Answer :
The average course fee after completion of a Finance course depends on the level of education and the type of institute. Generally, the average fees of Finance courses range from Rs. 4,300 to Rs. 21.4 Lakhs.
