MBA in Finance: Course, Fees, Admission 2025, Syllabus, Colleges, Scope
MBA Finance is a two-year postgraduate-level degree programme consisting of two semesters in each academic year. In India, around 89 educational institutions offer MBA degrees in Finance. The course equips students with in-depth knowledge of the finance industry. Students learn how to analyse company reports, and corporate finance, forecast economic trends and maximising portfolios.
- MBA Finance Course Details - Key Highlights
- MBA Finance Eligibility Criteria
- MBA Finance Cut-off
- MBA in Finance Syllabus
- MBA in Finance Fee Structure
- Career Options after MBA in Finance
- Average Salary after MBA in Finance
- Top Private MBA in Finance Colleges in India with Fees
- Top Government MBA in Finance Colleges in India with Fees
To be eligible for the course, a student should hold a bachelor’s degree from a recognised institute in India. The admission procedure for an MBA Finance depends on the institute and is majorly based on entrance examinations such as CAT, XAT, MAT, and CMAT. Some of the leading institutions offering this course are IIM Kozhikode, XLRI Jamshedpur, and IIM Udaipur.
MBA Finance equips students with in-depth knowledge of various topics such as financial report analysis, corporate finance, forecasting economic trends, stock valuation, and investment portfolio management. It focuses on providing knowledge of the financial aspects of running a business, managing finances, investments, and risk management.
Popular job roles after graduation include Financial Analyst, Investment Banker, Insurance Agent, Finance Manager, Business Analyst, and Relationship Manager. The average salary of a Financial Analyst in India is Rs. 5.9 LPA depending on the company and skills and experience of the candidate.
MBA Finance - Important Dates
- 24th November 2024- CAT Exam in online mode
MBA Finance Course Details - Key Highlights
| Particulars | Values |
|---|---|
Degree Name | MBA in Finance |
Degree Type | Postgraduate |
Degree Duration | Two year |
Entrance Exams | CAT, MAT, XAT, CMAT, SNAP |
Eligibility Criteria | Bachelor’s degree |
Admission process | Direct admission and based on the entrance examination |
Fees for the entire duration | Rs. 60,000 to Rs. 17.50 Lakhs |
Average Salary | Rs. 6 LPA (Financial Analyst) |
Job profiles | Financial Advisor, Budget Analyst, Financial Planner |
Top recruiters | Morgan Stanley, Deutsche Bank, Deloitte, E & Y, KPMG, Lehman Brothers, McKinsey, Barclays, Boston Consulting Group, Goldman Sachs |
MBA Finance Eligibility Criteria
MBA in Finance eligibility is quite similar across different management institutes. However, students are advised to check the official website of the college or the programme brochure to know the course details. Once the candidates have met these guidelines, candidates can move forward to the application procedure. In the following table, students will find the eligibility details for an MBA in Finance.
| Eligibility Parameters | Details |
|---|---|
| Educational Qualification | Bachelor's degree in relevant discipline from a recognised institute |
| Entrance Examinations | Candidates must hold a valid scorecard of either CAT/MAT/XAT/CMAT of not more than 2 years old |
| Aggregate score requirements (for general and reserved categories) | 50 per cent in aggregate or equivalent CGPA score (45 per cent relaxation for reserved category applicants) |
| Work Experience | Some colleges may require prior work experience of at least 2 years |
MBA in Finance Admission Procedure
Generally, business schools follow a three-step selection procedure which includes an entrance examination, a personal interview, and a group discussion. Listed below are the step-by-step admission process for MBA Finance.
Step 1- Review the course- Before applying, candidates should thoroughly study the college prospectus and learn about the educational facilities, placement facilities, and the fees charged by the institute.
Step 2- Eligibility Requirements- Once deciding on the college, candidates should meet the eligibility guidelines.
Step 3- Application form- Candidates can then fill out the online application form available on the official website of the college. They should fill out the form carefully before submitting it.
Step 4- Entrance Examinations- CAT, MAT, CMAT, MAT, XAT, and SNAP are the popular entrance examinations. Candidates should have successfully cleared any of the aforementioned exams and hold a valid scorecard of not more than 2 years old.
Step 5- GDPI- In addition to these examinations, colleges also conduct personal interviews, group discussion sessions and/or aptitude tests.
Step 6- Course Fees and relevant documents- Shortlisted candidates should pay the course fees and submit relevant documents
Top MBA in Finance Entrance Examinations
The entrance examinations for an MBA Finance degree can be conducted either at the university, national or state levels. CAT is one of the most popular national-level management exams for various MBA courses. In the table below, we have mentioned the popular management entrance examinations along with their details.
| Exam | Conducting Body | Exam Schedule |
|---|---|---|
IIM Lucknow | ||
All India Management Association | ||
XLRI Jamshedpur | ||
National Testing Agency | ||
Graduate Management Admission Council |
MBA Finance Cut-off
The cutoff for an MBA in Finance depends on several factors such as the difficulty of the exam, the number of applicants, and the ranking of the institution. Those who have scored below the cutoff can apply to the MBA Finance degree programme at their preferred colleges. The cutoff percentage is released annually by the institutes once the exam results have been declared.
| Exam Name | Cutoff |
|---|---|
CAT | |
XAT | |
MAT | |
CMAT |
Types of MBA Finance
However, the traditional format of MBA Finance is most popular among aspirants. It is offered in many formats, which help cater for the needs of different candidates. Listed below are the types of MBA in Finance.
- Full-Time- It is the most popular format of the course. Students are required to attend the classes regularly and meet the attendance percentage.
- Part-time MBA- A Part-time MBA is an ideal format for someone who is interested in pursuing an MBA alongside a full-time job. It has become very popular in recent times.
- Online MBA- Those interested in studying MBA from the comfort of their homes, can apply for a Part-Time MBA.
- Distance MBA-Distance MBA also called correspondence is a flexible and remote learning course that allows the candidates to study MBA without physically attending the college.
MBA in Finance Syllabus
The syllabus of the MBA Finance course is divided into two years and is spread across four semesters. The course curriculum includes subjects such as Managerial Economics, Business Environment and Law, Financial Management, and Strategic Financial Management. In the following table, we have mentioned the semester-wise syllabus of the MBA in Finance.
Semester 1 | |
| Management Concepts & Organisational Behaviour | Managerial Economics |
| Accounting for Managers | Business Environment and Law |
| Research Methodology | - |
Semester 2 | |
| Financial Management | Marketing Management |
| Human Resources Management | Operations Research and Management |
| Strategic Management | - |
Semester 3 | |
| Strategic Financial Management | Banking and Indian Financial System |
| Merchant Banking and Financial Services | Project Management |
| Management Accounting | - |
Semester 4 | |
| Investment and Portfolio Management | Global Financial Management |
| International Trade and Finance | Security Market Operations |
| Financial Derivatives | Project Work |
MBA in Finance Fee Structure
The fee structure of an MBA course in Finance depends on the type of institute and the facilities available for the students. Private colleges generally charge more fees than government institutes, because of the various facilities offered by the institute. The fees of an MBA in Finance course range between Rs. 60,000 to Rs. 17.50 Lakhs.
Scope of MBA in Finance
Finance is a broad field consisting of financial institutions such as banks, insurance companies, stock market, and corporate finance. It is also amongst the most popular MBA specialisations opted by the aspirants. During the course tenure, students learn necessary technical and soft skills which will be helpful in future.
Finance is a critical component in any industry and plays a significant role in their advancements and growth. Once candidates have completed their master's degree in finance, students can pursue a PhD degree in Finance or a similar specialisation. They can also expand their knowledge even further and can join a high-paying career and earn a good salary.
MBA Finance vs MBA Marketing
Both MBA Finance and MBA Marketing are popular specialisations, each focusing on completely different areas of management. In the table below, we have compared both MBA Finance and MBA Marketing courses.
| Particulars | MBA Finance | MBA Marketing |
|---|---|---|
| Eligibility | Bachelor's degree in relevant disciplines | Bachelor's degree in relevant disciplines |
| Career Options | Finance Manager, Financial Analyst, Business Analyst, Investment Banker | Sales Manager, Digital Marketing Specialist, Marketing Manager, Marketing Analyst, Brand Manager, Relationship Manager |
| Top Recruiters | Morgan Stanley, McKinsey, Deloitte, Barclays, Goldman Sachs, Ernst & Young | Google, Deloitte, Citibank, Nestle |
| Average Salary | Rs. 6.1 LPA (Financial Analyst) | Rs. 3.4 LPA (Marketing Executive) |
Career Options after MBA in Finance
The MBA degree in Finance prepares the students for various careers in the financial services sector. They can choose careers depending on their future goals and aspirations. Listed below are some of the popular career options one can opt for after their MBA in Finance.
| Job Profiles | Job Descriptions | Average Salary |
|---|---|---|
| Financial Advisor | Financial advisors are professionals who help clients in setting goals and develop a plan of action to achieve them. They also help customers manage their savings and advise them on how to best utilise their assets. | Rs. 4.7 LPA |
| Financial Planner | Financial Planners are professionals who assist people in setting goals and managing their financial situation. They also help individuals set goals manage their finances and help them create a budget and ultimately track their spending. | Rs. 4.4 LPA |
| Budget Analyst | Budget analysts are individuals who help organisations to organise and distribute their financial resources. They also track the flow of the company's expenses to ensure that it stays within the budget, they also keep track of all the financial transactions carried out by the company. | Rs. 5.7 LPA |
Salary Source: AmbitionBox
Top Recruiters
- Morgan Stanley
- McKinsey
- Deloitte
- Barclays
- Goldman Sachs
- Ernst & Young
- KPMG
Also Read: Top 10 Career Options After MBA in Finance
Average Salary after MBA in Finance
The average salary of an MBA Finance is influenced by many factors such as the skills and experiences of the candidate, the job profile opted by the candidate, and the location of the job. Graduates of an MBA in Finance course have a better chance of getting a job due to the increasing development of the finance sector. In the table below, we have mentioned the average salary of the private and government sectors.
Sector | Average Salary |
|---|---|
| Private | Rs 3 LPA- Rs. 75 LPA |
| Government | Rs. 3 LPA- Rs. 75 LPA |
Source: Naukri.com
Benefits of Studying MBA in Finance
With finance being one of the most rewarding industries, the competition is also very high. An MBA in Finance also provides knowledge of personal finance, which is a very important skill to manage finances. Students are equipped with necessary technical and soft skills which will help them in their professional careers.
Students can work in various industries such as taxation, investment banking, asset finance, and banking. Students learn the necessary managerial skills and technical expertise to work in almost all industries
Top Private MBA in Finance Colleges in India with Fees
An MBA in Finance is offered by many private academic institutions around the country. Academic performance and entrance test scores are used to provide admission to the students. In the table below, we have mentioned some of the top private MBA in Finance colleges in India.
College | Fees |
|---|---|
Rs. 10.60 Lakhs | |
Rs. 3.23 Lakhs | |
Rs. 8.40 Lakhs | |
Rs. 7.95 Lakhs | |
Rs. 15.72 Lakhs | |
Rs. 5.40 Lakhs | |
Rs. 8.80 Lakhs | |
Rs. 9 Lakhs | |
Rs. 5.15 Lakhs | |
Rs. 4 Lakhs |
Top Government MBA in Finance Colleges in India with Fees
An MBA in Finance degree is offered by various government institutes in India, students are advised to check the official website of the college to find further details concerning the course. Many students wish to study at a government institute because of good educational facilities and low fees. Some of the popular government institutes offering MBA Finance courses are listed in the table below.
College | Fees |
|---|---|
Rs. 80,300 | |
Rs. 90,300 | |
Rs. 2.51 Lakhs | |
Rs. 2.46 Lakhs | |
Rs. 1.27 Lakhs | |
Rs. 78,580 | |
Rs. 3.24 Lakhs | |
Rs. 8,100 | |
Rs. 58,000 | |
- |
Pursuing MBA in Finance courses in India will surely help students to excel in their careers. With a degree in MBA Finance, graduates can equip themselves with essential knowledge and skills in finance, and management and pursue jobs in various fields such as finance, healthcare, human resource management, and consultancy.
Frequently Asked Questions (FAQs)
It depends on the knowledge and aptitude of the candidates. However, many students do find Finance a bit tougher compared to HR or Marketing specialisations.
Finance and HR are the popular specialisation in MBA. The choice between the two degrees depends on the interests and future goals of the student. MBA HR focus involves recruitment, training, and retention of employees and helping them adapt to the company's culture.
MBA Finance focuses more on analysing a company's financial reports, forecasting economic trends, and helping the company in making financial decisions. Both of these specialisations have good scope and provide high-paying career options. However, the choice between these two degrees depends on the future goals and aspirations of the candidate.
The average tuition fee of an MBA Finance course is influenced based on the institute and its type. Private institutes are generally more expensive as compared to government institutes. The average tuition fees for an MBA in Finance range from Rs. 60,000 to Rs. 17.50 Lakhs.
MBA in Finance eligibility criteria is a bachelor's degree in any specialisation from a recognised university.
The course duration of MBA Finance is two years, spread across six semesters.
Pressure Handling, Time Management, Communication Skills, Quantitative Skills, Financial Skills, Business and Management interests, Critical Thinking, Analytical Skills, Decision-Making Skills, and Numerical ability are some of the skills required for an MBA in Finance.
Some of the top colleges which offer MBA in Finance degrees are Presidency University, Bangalore, Amity Business School, Noida, SIBM Bangalore, MIT College of Management, Pune, BML Munjal University, Gurgaon, Amity University, Mumbai, Dr MGR Educational and Research Institute, Chennai.
There are various career options after the MBA Finance course. Some of the careers are Financial Advisor, Budget Analyst, and Financial Planner.
Morgan Stanley, Deutsche Bank, Deloitte, E & Y, KPMG, Lehman Brothers, McKinsey, Barclays, Boston Consulting Group, and Goldman Sachs are some of the leading organisations that hire MBA in Finance graduates.
Students who have completed an MBA in Finance degree can apply for a PhD in Finance programme.
The salary of MBA Finance in India depends on various factors, such as organisation, the employee’s knowledge and skill, experience in the particular field, and location. The average MBA Finance salary in India is Rs. 4 LPA.
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Questions related to MBA
Hello,
Yes, it is feasible to pursue an MBA through distance education along with doing your CA articleship because ICAI does not prohibit it in the first place. But then you need to follow ICAI regulation, which states that a CA articleship requires full time commitment. To comply you have to inform ICAI about your intention to pursue the other course and seek prior permission through Form 112. Ensure the timings of your MBA classes, even if these are online, do not clash with your articleship hours.
Value of an MBA besides CA:
- Improved Business Acumen : An MBA gives one a broader perspective on business management, leadership, and strategy, complementing the technical expertise one gains from CA.
- Career Scope: With CA and MBA, you can explore finance, investment banking, management consulting, and senior management roles.
- Networking: The opportunities to connect with your peers and professionals are available through the MBA programs, even when conducted in distance mode. Your professional network will widen.
- Leadership Skills: The MBA program focuses on soft skills such as communication, teamwork, and leadership that are essential for your career growth.
Align your specialization with MBA in your career goals like finance, marketing, or operations, to gain maximum value.
Hello,
The cost of an MBA in India varies significantly based on the institution. Here are the approximate fees for different types of colleges:
- Top IIMs (Indian Institutes of Management): Rs. 15-25 Lakhs per year.
- Other Prestigious B-Schools (like XLRI, ISB): Rs. 12-22 Lakhs.
- Private Universities (like Symbiosis, SP Jain): Rs. 8-20 Lakhs.
- Government Colleges/Universities: Rs. 2-5 Lakhs per year.
- Distance and Online MBA Programs: Rs. 50,000-2 Lakhs.
The fees depend on the reputation of the college, infrastructure, and location. Scholarships and financial aids may be available.
Hope it helps !
Currently,NIPER (National Institute of Pharmaceutical Education and Research) does not offer an online MBA program; all their MBA programs, which are typically focused on Pharmaceutical Management, are delivered through traditional on-campus learning
NIPER conducts their own entrance exam NIPER JEE. You have to qualify GPAT in order to seat in NIPER JEE. If u will qualify in written, you have to appear in group discussion and personal interview. On the basis of combined Merit list of all written gd pi you will get admission.
ALL the best!!
No, GGU does not accept GMAT score for admission to MBA program. Admission to MBA program in GGU are done through CUET (PG) exam conducted by NTA. GMAT score are considered for admission to various business school like IIMs as IIM Ahmedabad, IIM Lucknow,IIM Calcutta, indore, ISB Hyderabad and Mohali, XLRI Jamshedpur etc. to know more about GGU, admission, visit MBA courses in GGU Bilaspur
Hello
Career options for MBA graduates in the UK and the USA as both countries are home to thriving industries and multinational corporations.
Here’s an overview
1. Finance: Investment Banker, Financial Analyst.
2. Consulting: Management Consultant, Strategy Analyst.
3. Marketing: Brand Manager, Digital Marketer.
4. Technology: Product Manager, Data Analyst.
5. HR: HR Manager, Talent Specialist.
6. Healthcare: Administrator, Consultant.
7. Entrepreneurship: Startup Founder, Business Developer.
8. Operations: Supply Chain Manager, Logistics Analyst.
Key industries : Finance , Tech , Healthcare and Consulting .
For more details links given below
Link for UK
https://studyabroad.careers360.com/articles/job-opportunities-after-mba-in-uk
Link for USA
https://studyabroad.careers360.com/articles/jobs-after-mba-in-usa
Thank you