MBA in Finance: Course, Fees, Admission 2025, Syllabus, Colleges, Scope

MBA in Finance: Course, Fees, Admission 2025, Syllabus, Colleges, Scope

Edited By Moksh Dheri | Updated on Oct 09, 2024 11:04 AM IST | #MBA

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.

This Story also Contains
  1. MBA Finance Course Details - Key Highlights
  2. MBA Finance Eligibility Criteria
  3. MBA Finance Cut-off
  4. MBA in Finance Syllabus
  5. MBA in Finance Fee Structure
  6. Career Options after MBA in Finance
  7. Average Salary after MBA in Finance
  8. Top Private MBA in Finance Colleges in India with Fees
  9. 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.

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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

ParticularsValues

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 ParametersDetails
Educational QualificationBachelor's degree in relevant discipline from a recognised institute
Entrance ExaminationsCandidates 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 ExperienceSome colleges may require prior work experience of at least 2 years
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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.

ExamConducting BodyExam Schedule

CAT

IIM Lucknow

CAT Exam Schedule

MAT

All India Management Association

MAT Exam Schedule

XAT

XLRI Jamshedpur

XAT Exam Schedule

CMAT

National Testing Agency

CMAT Exam Schedule

NMAT

Graduate Management Admission Council

NMAT Exam Schedule

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 NameCutoff

CAT

CAT Cutoff

XAT

XAT Cutoff

MAT

MAT Cutoff

CMAT

CMAT Cutoff

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.
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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 DerivativesProject 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.

ParticularsMBA FinanceMBA Marketing
EligibilityBachelor's degree in relevant disciplinesBachelor's degree in relevant disciplines
Career OptionsFinance Manager, Financial Analyst, Business Analyst, Investment BankerSales 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 SalaryRs. 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 ProfilesJob DescriptionsAverage Salary
Financial AdvisorFinancial 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 PlannerFinancial 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

PrivateRs 3 LPA- Rs. 75 LPA
GovernmentRs. 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.

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.

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)

1. Is MBA in Finance difficult as compared to other MBA specialisations?

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. 

2. Which one is better - MBA HR or MBA Finance?

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.

3. What is the tuition fee of the MBA in Finance course?

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. 

4. What is the MBA in Finance eligibility criteria?

MBA in Finance eligibility criteria is a bachelor's degree in any specialisation from a recognised university.

5. What is the duration of the MBA in Finance course?

The course duration of MBA Finance is two years, spread across six semesters. 

6. What are the skills required for an MBA in 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.

7. Which colleges offer MBA in Finance courses in India?

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.

8. What are the career options after an MBA in Finance?

There are various career options after the MBA Finance course. Some of the careers are Financial Advisor, Budget Analyst, and Financial Planner.

9. What are the best firms to work for if you have an MBA in Finance?

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.

10. Is it possible to pursue a PhD after completing an MBA in Finance?

Students who have completed an MBA in Finance degree can apply for a PhD in Finance programme.

11. What is the salary of MBA Finance in India?

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

Have a question related to MBA ?

Hi,

To get admission in best MBA colleges in India, you need to qualify the entrance test conducted at National level, state level and various universities level including CAT, MAT, XAT, GMAT, CMAT, SNAP, NMAT.

Eligibility criteria required to get admission in MBA course:

  • You must complete a bachelor's degree in any discipline from any recognized institute or University.
  • Most colleges require a minimum aggregate of 50% in your bachelor's program
  • Reserved category students usually need a minimum of 45%

Hope this information will help you

Hello Greetings

IIM Kashipur's MBA Analytics program is a two-year full-time residential course that focuses on developing advanced analytical and managerial skills for data analysis, enabling better decision-making in organizations .


The program's key highlights include:


- *Ranking*: IIM Kashipur is ranked #19 among top 125 B-schools in the NIRF Ranking 2023 ².

- *Accreditation*: It's a member of prestigious accreditation bodies like AACSB and EQUIS ².

- *Fees*: The program fee is Rs20,00,000 ¹.

- *Placements*: IIM Kashipur has registered high placements, with the highest salary package being Rs37 LPA and an average salary package of Rs18.07 LPA


As for the admission process, candidates need to apply online with a valid CAT 2024 or GMAT score . The shortlisting criteria include:


- *CAT 2024/GMAT score*: 40% weightage

- *Academic performance*: 20% weightage

- *Work experience*: 10% weightage

- *Diversity*: 30% weightage


The last date to apply for MBA Analytics Admission 2025 is February 28, 2025 . However, the last cut-off for admission isn't explicitly mentioned. It's best to check the official IIM Kashipur website or contact their admission office for the most up-to-date information.

Have a great day

Hello Greetings

With an NMAT score of 198, you have a good chance of getting into some top MBA colleges in Mumbai. Here are some options to consider:


- *NMIMS School of Business Management Mumbai*: This is one of the top MBA colleges in Mumbai, and NMIMS is known for its excellent management programs ¹.

- *K J Somaiya Institute of Management*: This college is also well-regarded for its MBA programs and accepts NMAT scores ¹.

- *ITM Business School*: ITM is another good option in Mumbai that accepts NMAT scores ¹.

- *SDA Bocconi Asia Center*: This college offers a range of MBA programs and accepts NMAT scores ².

- *ICFAI Business School*: ICFAI is a well-known business school with a campus in Mumbai that accepts NMAT scores ² ¹.


These colleges are all well-regarded for their MBA programs, and with your NMAT score, you may have a good chance of getting in. However, keep in mind that admission to these colleges also depends on other factors like your academic background, work experience, and performance in group discussions and personal interviews.

Have a great day

Hi Dear,

Admission to the MBA program at Jamia Hamdard depends on several factors, including the candidate's MAT percentile , academic profile , and performance in the selection process (GD/PI or other rounds). Here’s an analysis based on a 50 percentile in MAT:

Jamia Hamdard MBA Admission Criteria

  1. Entrance Exam Scores :

    • Acceptable exams: MAT , CAT , CMAT , and XAT .
    • A higher percentile (above 70–80) is usually preferred for direct selection.
  2. Academic Performance :

    • A strong academic record in 10th, 12th, and Graduation improves your chances.
  3. Selection Process :

    • Candidates are shortlisted based on entrance exam scores, followed by GD (Group Discussion) and PI (Personal Interview) .
  4. Reservation/Quota :

    • There is a preference for students under certain categories (e.g., Muslim minority, reserved categories, etc.).
  • General Category : A 50 percentile in MAT is typically not competitive for admission to Jamia Hamdard, especially for the general category. Higher scores are preferred. However, exceptions may exist if:

    • You have an excellent academic record.
    • You perform exceptionally well in GD/PI.
  • Reserved Category/Quota : If you belong to a reserved category or the Muslim minority quota, a lower MAT percentile might still be considered, provided your overall profile is strong.

While 50 percentile is on the lower side, it’s not entirely impossible if you have other strengths in your profile. Contact Jamia Hamdard's admissions office for clarity on cut-offs and quotas for the specific year.

Hope this helps!

https://bschool.careers360.com/articles/top-b-schools-accepting-mat-scores-and-cutoffs

Several universities and institutions in India and Kerala offer distance MBA programs in Operations Management. Here are some options:

National Institutions (India-wide) :

  1. Indira Gandhi National Open University (IGNOU)

    • Offers MBA programs with specializations in Operations Management.
    • Known for its flexible learning approach, making it a popular choice.
  2. Sikkim Manipal University (SMU-DE)

    • Provides MBA with a focus on Operations Management.
    • Known for its distance learning programs and wide reach.
  3. Symbiosis Centre for Distance Learning (SCDL)

    • Offers MBA in various specializations, including Operations Management.
    • One of the top choices for distance education.
  4. University of Madras (Directorate of Distance Education)

    • Offers MBA in Operations Management as part of their distance learning program.
    • A well-established university offering flexible options for working professionals.
  5. Annamalai University (Directorate of Distance Education)

    • Offers MBA with Operations Management specialization through distance learning.
    • Recognized for affordable and quality distance education.
  6. Amity University Online

    • Provides a range of MBA programs, including Operations Management, through its online platform.
    • Offers flexibility for working professionals.
  7. ICFAI University (ICFAI Distance Learning)

    • Offers MBA with a specialization in Operations Management.
    • Known for its comprehensive study material and robust online learning resources.

Kerala-based Institutions :

  1. Kerala University (School of Distance Education)

    • Offers an MBA in Operations Management through its distance learning mode.
    • Provides flexibility for students across Kerala.
  2. MG University (Mahatma Gandhi University - School of Distance Education)

    • Offers MBA programs with various specializations, including Operations Management.
    • Provides online and offline study options.
  3. Cochin University of Science and Technology (CUSAT - School of Distance Education)

    • Offers an MBA with different specializations, and some programs cater to Operations Management.
  4. Christ University (Distance Education)

    • Offers an MBA with a focus on Operations and Supply Chain Management in a distance learning mode.

Admission Process :

  • Generally, admissions are through an entrance exam or merit-based criteria.
  • Ensure to check the specific eligibility requirements, as each university may have different conditions like a Bachelor's degree, work experience, and entrance exam scores (if applicable).

These institutions offer flexible learning options, allowing working professionals to balance their studies and career.

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