MBA in Finance Admission in Top Colleges - Eligibility, Admission Process, Fees

MBA in Finance Admission in Top Colleges - Eligibility, Admission Process, Fees

Edited By Team Careers360 | Updated on Nov 21, 2022 02:14 PM IST

The MBA in Finance admission process usually starts after the release of the results of entrance examinations and bachelor's degrees. Each college releases its MBA Finance admission notification separately on the college website. Students should regularly visit the websites of colleges they seek admission to keep updated on all the advancements in the MBA Finance admission process. Regular checking also ensures that students do not miss any deadlines. In this article, we will discuss MBA in Finance admission requirements, MBA Finance subjects, MBA Finance fees, and MBA in Finance eligibility criteria.

MBA in Finance Admission Process

The MBA Finance admission process generally requires certain standard MBA finance admission requirements across different colleges:

  • Students willing to pursue an MBA in Finance degree should apply to the respective colleges personally.
  • Based on application, score in the entrance examination and interview rounds, individual colleges create merit lists.
  • If your name appears on the merit list, you will have to submit all the necessary documents to the college for verification.
  • On verification, fee payment should be completed to ensure your admission is confirmed in the respective college.

MBA Finance Eligibility Criteria

MBA in Finance admission requirements must be met to secure admission to an MBA in Finance course. MBA Finance eligibility criteria are as follows –

  • Education
    Students willing to get enrolled in an MBA in Finance course should hold a bachelor's degree in any relevant field. The score of a bachelor's degree should be at least 50 per cent.

  • Experience
    Having work experience is not necessary to taking admission to an MBA in Finance.

  • Nationality
    Indian nationals are eligible to take MBA in Finance admissions to all colleges. Foreign nationals should check with their respective colleges for eligibility criteria.

  • Age
    There are no restrictions or age limits for taking admission to an MBA in Finance course.

  • Entrance examination
    Students are supposed to participate in entrance examinations which are accepted by MBA colleges.

How to Apply for MBA Finance Admission?

The MBA in Finance admission process is usually completed online. The MBA Finance application form should be filled out via the portal made available on the college's website. All the essential documents should also be uploaded online along with the payment receipt. Payment should also be made online. All these steps must be completed by the dates specified by the college on its website.

Cut off of Top Colleges

Each college administration, every year, decides the cut-off for admission to their college. This cut-off is based on the number of students who appeared for the entrance examinations, the number of applications for admissions and the performance of students in the MBA in Finance entrance examinations.

The following table shows CAT Cut off for some of the top MBA in Finance colleges in India –

Name of College

CAT 2019 Cut Off

CAT 2020 Cut Off

IIM Ahmedabad

81.53

99

IIM Nagpur

90

95+

IIM Sambalpur

90

95+

IIM Trichy

96

94

IIM Indore

90

97+

IIM Kozhikode

95.5

97 to 98

IIM Amritsar

90

95+

IIM Bangalore

90+

99

IIM Calcutta

95+

99

IIM Lucknow

90+

97+


The following table shows XAT Cut off for some of the top MBA in Finance colleges in India –

Browse Top MBA Colleges Accepting CAT Score: Location-Wise


Top entrance exams

Admission to MBA in Finance degree courses is most commonly based on the marks scored by students in various entrance examinations. The following are the top MBA Finance entrance exams:

Name of Exam

Description

CAT

Common Admission Test, commonly known as CAT, is an entrance examination for MBA organized by IIM Ahmedabad (IIMA).

MAT

Management Aptitude Test, commonly known as MAT, is organized four times a year by the All India Management Association (AIMA).

GMAT

Graduate Management Admission Test, commonly known as GMAT, is for students wishing to study MBA in foreign countries.

CMAT

Common Management Admission Test, commonly known as CMAT, is a widely accepted entrance examination all over India.

XAT

Xavier Aptitude Test, commonly known as XAT, is organized for all the MBA Xavier colleges in India by the Xavier Labor Relations Institute (XLRI).

NMAT

NMIMS Management Aptitude Test, commonly known as NMAT, is a national-level MBA entrance examination for selected top colleges offering MBA courses.

SNAP


Symbiosis National Aptitude Test, commonly known as SNAP, is a once-a-year MBA entrance examination organized by Symbiosis International (Deemed) University.

ATMA

AIMS Test for Management Admissions, commonly known as ATMA, is organized by the Association of Indian Management Schools (AIMS) three times a year.

MAH CET MBA

Maharashtra Common Entrance Test for MBA, commonly known as MAH CET MBA, is a state-level (Maharashtra) entrance examination for MBA.

KMAT

Karnataka Management Aptitude Test, commonly known as KMAT, is an MBA entrance examination organized by Karnataka Private Post Graduate Colleges Association (KPPGCA).

MBA Colleges By Location

MBA in Finance Admission Fees

MBA Finance fees are determined each year by the administrations of respective colleges. The fee structure changes from one college to another. Colleges within the same university have variable fee structures. In India, MBA Finance fees are usually in the range of Rs 1.00 lakhs to Rs 20.00 lakhs. The fees for MBA Finance private colleges are a lot more as compared to government colleges.

College Name

Course Fee (Avg)

SPJIMR, Mumbai

Rs. 17.50 lakhs

School of Business Management SVKM's NMIMS, Mumbai

Rs. 12.64-20.84 lakhs

ITM Navi Mumbai

Rs. 10.45 lakhs

NMIMS Mumbai

Rs. 20.84 lakhs

SCMHRD Pune

Rs. 18.80 lakhs

SIIB Pune

Rs. 15.40 lakhs

SIBM Pune

Rs. 19.20 lakhs

IIM, Lucknow

Rs. 23.94 lakhs

XLRI, Jamshedpur

Rs. 21.00 lakhs

SPJIMR, Mumbai

Rs. 25.00 lakhs

MBA Colleges By States

Frequently Asked Questions (FAQs)

1. Is there MBA Finance entrance examination?

Even though most colleges take admissions based on the marks of the entrance examination, there are a few colleges that grant direct admission.

2. Which are the popular MBA in Finance colleges?

The most popular MBA in Finance colleges are Amity Business School, MIT College of Management, SIBM, and others.

3. Do I need work experience to enroll in a MBA in Finance course?

Having work experience is not a necessary eligibility criterion for MBA in Finance but having it increases your bar in the interview rounds.

4. Which are the open elective subjects in the last year of MBA in Finance?

Most colleges offer the following open elective subjects in the last year of MBA in Finance: Counselling Skills for Managers, Applications of Marketing, Corporate Governance and Business Ethics, Fundamentals of Econometrics and Export-Import Procedures and Documentation.

5. Is taking MBA in Finance admission worth the hype?

MBA in Finance is a very popular course due to the numerous career options available after. Owing to the excellent paid job opportunities, MBA in Finance is definitely worth the hype.

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