MBA in Finance - Course, Eligibility, Admission, Fees, Syllabus, Colleges, Scope
MBA in Finance is a postgraduate degree programme of two-year duration. It equips the students with in-depth knowledge of finance. More than 70 business schools in India offer MBA degrees in Finance. In India, some leading colleges offering MBA in Finance are IIM Kozhikode, XLRI Jamshedpur, and IIM Udaipur.
- Highlights: MBA Finance
- MBA Finance Eligibility Criteria
- MBA in Finance Admission Procedure
- Top MBA in Finance Entrance Examinations
- MBA Finance Cut-off
- MBA in Finance Syllabus
- MBA in Finance Fee Structure
- Scope of MBA in Finance
- Career Options after MBA in Finance
- Average Salary after MBA in Finance
- Benefits of Studying MBA in Finance
- Top Private MBA in Finance Colleges in India with Fees
- Top Government MBA in Finance Colleges in India with Fees
The admission procedure is also the same for every institute and is based on entrance examinations such as CAT, XAT, MAT, and CMAT. Students must have a bachelor’s degree in a related specialisation to be eligible for the course.
The finance course equips the students with in-depth knowledge of various areas of finance such as management, control, and assessment of collection, investment, and resources. Students also learn knowledge on how to analyse the company's financial report, forecast economic trends, and measure to maximise the stock value
Master of Business Administration in Finance offers a wide range of opportunities to the candidates including freshers and experienced. Some popular career options one can pursue include Finance Manager, Financial Analyst, Business Analyst, Operations Manager, and Relationship Manager. The average salary of a Financial Analyst in India is Rs. 5.9 LPA depending on the company.
MBA Finance- Important Dates (CAT 2024)
- 30 Jul, 2024 (Tentative); Advertisement | Mode: Online
- 02 Aug 2024 - 20 Sep, 2024 (Tentative); Application | Mode: Online
- 21 Sep, 2024 - 30 Sep, 2024 (Tentative); Application Correction | Mode: Online
- 24 Nov, 2024 (Tentative); Exam | Mode: Offline
- 24 Oct, 2024 - 24 Nov, 2024 (Tentative); Admit Card | Mode: Online
- 02 Dec 2024 (Tentative); Answer Key | Mode: Online
- 03 Dec, 2024 - 06 Dec, 2024 (Tentative); Answer Key - Objection | Mode: Online
- 21 Dec, 2024 (Tentative); Result | Mode: Online
Highlights: MBA Finance
| 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
The admission eligibility for MBA Finance is quite similar across the management institutes in India. Students require a bachelor's degree with a management specialisation. Once candidates have met the qualification criteria, they can begin the application process. In this section, we have discussed the eligibility criteria for an MBA Finance course.
- Candidates who want to take an MBA in Finance admission require an undergraduate degree from a recognised university in any degree preferably related to management with a minimum of 50 per cent.
- For candidates belonging to the reserved categories, there may be a relaxation of 5 per cent in the aggregate score.
- They need to appear for the national, state or university-level entrance examinations. Some of the well-known exams are CAT, XAT, MAT, CMAT, and SNAP.
- Some colleges may also require candidates to have a work experience of three years.
MBA in Finance Admission Procedure
The admission requirements for an MBA Finance course are mostly dependent on the institute. It can be either based on the entrance examination or based on the merit score. Listed below is the generic admission procedure for an MBA Finance degree in Finance.
- Students can apply for admission in several ways. They can fill out the online application form presented on the website of the college. The application form can also be filled out physically at a college.
- The admission is based on the entrance examination including CAT, XAT, MAT, CMAT, or SNAP. Many colleges in addition to taking into account the scores of entrance exams, may also conduct group discussions, personal interviews, or aptitude tests.
- Once candidates have successfully cleared the entrance examination, they can choose the college based on their cutoff score.
Top MBA in Finance Entrance Examinations
The entrance examinations for an MBA degree in Finance can be conducted at either the national, university, or state level. Students need to check the website of the colleges to find out the entrance examinations required for any specialisation in MBA.
| Exam Name | Level | Conducting Body | Exam Schedule |
|---|---|---|---|
National Exam | Indian Institute of Management Lucknow | ||
National Exam | All India Management Association | ||
National Exam | National Testing Agency (NTA) | ||
University/National Level | XLRI Jamshedpur | ||
University/National Level | Symbiosis International University |
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. The required cutoff score is released annually by the colleges for MBA degrees in various specialisations.
MBA in Finance Syllabus
The syllabus of the MBA Finance course is divided into two years 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 Finance course curriculum.
Semester I | |
| Management Concepts & Organisational Behaviour | Managerial Economics |
| Accounting for Managers | Business Environment and Law |
| Research Methodology | - |
Semester III | |
| Financial Management | Marketing Management |
| Human Resources Management | Operations Research and Management |
| Strategic Management | - |
Semester III | |
| Strategic Financial Management | Banking and Indian Financial System |
| Merchant Banking and Financial Services | Project Management |
| Management Accounting | - |
Semester IV | |
| 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 programme in Finance specialisation depends on the type of institute. 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 an essential component of any business or organisation. It is one of the major specialisations that provide students with financial skills, business knowledge and aptitude, and awareness about the country's economic growth. It has a developing and rewarding scope for the future.
Finance is a critical component of all economies and plays a significant part in the advancement of industries. Once candidates have completed their master's degree in finance, they can pursue a Ph.D degree in Finance or a similar specialization. They can expand their knowledge even further and can join a high-paying career and earn a handsome salary package.
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 set goals and develop a plan of action to achieve them. They also help customers manage their savings and provide advice on how to best utilise their assets. | Rs. 4.7 LPA |
| Financial Planner | Financial Planners are professionals who assist people with setting goals and managing their financial situation. This helps the candidates assess their current financial health and develop a budget. They also help individuals set goals manage their finances and help them create a budget and 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 a lot of competition in the industry, an MBA in Finance degree provides knowledge to manage the company and pursue an advanced career path. An MBA in Finance will also provide the student with the necessary knowledge and skills to be successful in today's global markets.
Students can join various areas in the finance sector including Corporate Finance, Corporate Planning, and Mergers and Acquisitions, and Banking. It also equips the students with the necessary managerial and technical expertise to work in the financial services industry.
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 admission test scores are used to determine admission to private MBA in Finance colleges. 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 is offered by India's government higher education institutions, which are among the best in the world. A list of the best government MBA in Finance colleges are mentioned 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 Question (FAQs)
It varies from the perspective of people. Some may find HR or Marketing easier and opt for the same, while for others MBA in Finance is a better and easier choice to study.
MBA in HR or an MBA in Human Resource is a course that focuses on the fundamentals of business, such as how to manage organisations' human resources. MBA in HR course equips knowledge of company culture, recruitment, and talent management.
An MBA in Finance provides knowledge on analysing the company's financial reports, forecasting economic trends, measures to maximise the stock value, selecting investment portfolios, and balancing risk and profitability. Students should select any course based on their preferences and interests.
MBA in Finance costs on average between Rs. 60,000 to Rs. 17.50 Lakhs depending on the institute.
MBA in Finance eligibility criteria is a bachelor's degree in any specialisation from a recognised university.
The MBA in Finance is a two-year post-graduate degree programme that focuses on Finance.
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 - Symbiosis Institute of Business Management, MIT College of Management, Pune, BML Munjal University, Gurgaon, Amity University, Mumbai, Dr MGR Educational and Research Institute, Chennai, and many others.
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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List of MBA colleges
Questions related to MBA
Hello,
Choosing the "best" MBA college in Bhopal can depend on several factors including accreditation, faculty, infrastructure, placement records, industry connections, and overall reputation. Here are a few MBA colleges in Bhopal that are often considered among the top:
-
Indian Institute of Forest Management (IIFM) :
- Known for its specialization in Forest Management and Natural Resource Management.
- Offers a unique perspective on sustainability and environmental management.
- Good placement records in related sectors.
-
Maulana Azad National Institute of Technology (MANIT) :
- Offers an MBA program with a focus on management in the context of engineering and technology.
- Established institute with good infrastructure and faculty.
- Strong industry connections and placement opportunities.
-
Institute of Professional Education and Research (IPER) :
- Well-regarded private institute in Bhopal.
- Offers various MBA specializations with a focus on practical learning and industry exposure.
- Good placement track record with ties to local and national companies.
-
Barkatullah University Institute of Technology (BUIT) :
- Offers MBA programs in different specializations.
- Associated with Barkatullah University, which is a recognized name in Madhya Pradesh.
- Focuses on providing a well-rounded management education.
-
Career College of Management (CCM) :
- Another prominent private institute in Bhopal offering MBA programs.
- Known for its dedicated faculty and emphasis on skill development.
- Decent placement opportunities in the region.
When choosing the best MBA college in Bhopal for you, consider factors such as your career goals, specialization preferences, placement opportunities, infrastructure, faculty expertise, and alumni network. It's also helpful to visit the campus, if possible, and speak with current students or alumni to get a better sense of the college's environment and culture.
Hope it helps you!
MBA in Human Resource Management requires critical thinking and analytical skills to apply in organisations it mainly focuses on human capital organizational behaviour, and strategic HR planning. admission to this courses through entrance examination such as CAT, MAT, XAT, CMAT, GMAT, MBA CET, PERA & State CET you can take any exam of your choice but remember to check the scores accepts by the university in which you are interested.
Fee structure is depends college to college usually tje fee charges by HRM schools is upto 10 lakh rupees you can expect ROI 7 lakh rupees when you get placement through your college.there are lot of university in india offers MBA in HRM dont get confused always go for good ranking and placement college.
Admission requirements for MBA programs vary by institution, but many reputable programs require a minimum percentage of 50% in undergraduate studies. However you can still have a chance in colleges where they have lower requirements or through entrance exams like CAT, MAT, GMAT.
With 44% you can consider
1. Private universities
2. Entrance exams
3. Work experience
4. State universities
Hello
Yes, you can switch your career of your interest. You can do MBA in IT or HR after B.Sc in Agriculture. MBA does have a scope in future. But, only if you do MBA from a known institute, you will placement in reputed companies with high packages.
Apart from all this, you skill and interest will always play a key role.
Good Luck.
Hello Aashish,
Jawaharlal Nehru University (JNU) in New Delhi offers MBA programs through its Atal Bihari Vajpayee School of Management and Entrepreneurship (ABVSME). The campus has an active placement cell that assists in recruitment for MBA students, and many well-known companies visit JNU for campus placements. The school's strong alumni network and industry connections help attract potential recruiters to the campus. The MBA program at JNU has a good placement rate, with students securing job offers in various sectors. For updated information, you can check the official website of JNU and the ABVSME section, look for placement reports, or contact the placement cell for specific queries.
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