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MBA in Finance - Course, Eligibility, Admission, Fees, Syllabus, Colleges, Scope

MBA in Finance - Course, Eligibility, Admission, Fees, Syllabus, Colleges, Scope

Edited By Ankita Sinha | Updated on Feb 21, 2024 05:51 PM IST | #MBA

MBA in Finance course is a postgraduate degree programme that equips students with in-depth knowledge of various facets of finance such as management, control, and assessment of collection, investment, and resources. The MBA Finance course duration is two academic years and prepares students for various management roles in finance.

The finance course in the postgraduate degree programme provides knowledge on analysing the company's financial reports, forecasting the economic trends, measures to maximise the stock value, selecting investment portfolios, and balancing risk and profitability. This specialisation of MBA covers various areas of finance focusing on the management and control of the financial resources of a company.

Master of Business Administration in Finance offers a wide range of opportunities to candidates including freshers and experienced ones in the financial world. In this article, we have discussed MBA in Finance course details, such as MBA Finance fees, MBA in Finance subjects, MBA Finance eligibility, MBA Finance entrance exam, and MBA Finance course duration.

Highlights- MBA in Finance

Particulars

Values

Degree Name

MBA in Finance

Degree Type

Postgraduate

Degree Duration

Two year

Entrance Exams

CAT, MAT, GMAT, CMAT, XAT, NMAT

Eligibility Criteria

Bachelor’s degree

Admission process

Direct admission and based on the entrance examination

Fees for the entire duration

Rs. 10,000 and Rs. 20,00,000

Average Salary

Rs. 10 LPA

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 Finance eligibility criteria are quite similar to other management courses. Before applying for MBA Finance admission to reputed colleges, candidates should check the MBA Finance fees and eligibility requirements. Students should pass the bachelor’s degree programme to apply for the MBA Finance course.

  • Candidates who want to take an MBA in Finance admission require an undergraduate degree from a recognised university in any field, such as BBA, BA, B.Sc, B.Com, or BCA with a minimum of 50 per cent.
  • They need to appear for the national, state or university-level entrance examinations.
  • For the MBA in Finance programme, there are no age restrictions.
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MBA in Finance Admission

The MBA in Finance admission process is similar for every college in India, it can be either based on the entrance examination or merit. Some MBA Finance colleges only accept first-come, first-served candidates, however, most MBA colleges admit students based on their performance in the various entrance tests.

  • Students must first enrol in the colleges and universities that offer an MBA Finance course.
  • Then, they must meet the MBA in finance eligibility criteria established by the authorities.
  • Before applying to MBA colleges, students should check their MBA Finance eligibility criteria.
  • They need to appear for the entrance examination for the MBA in Finance course.

Top MBA in Finance Entrance Examinations

CAT: The Common Admission Test or CAT is a national-level entrance examination conducted by the IIM for admission to the 20 IIMs and more than 1,200 business schools in India.


MAT: The Management Aptitude Test or MAT is a national-level entrance examination conducted by the All India Management Association (AIMA) for admission to the MBA/PGDM courses.


GMAT: Graduate Management Admission Test or GMAT is an international-level entrance examination, conducted by the Graduate Management Admission Council (GMAC) for admission to MBA and PGDM degree programmes.


CMAT: The Common Management Admission Test or CMAT is a national-level entrance examination conducted by the National Testing Agency for admission to the MBA programmes at over 1,000 educational institutions in India.


XAT: Xavier Aptitude Test or XAT is a national-level entrance examination conducted by the Xavier School of Management (XLRI) for admission to the MBA courses at the XLRI and 10 other XAMI members, more than 600 B-schools.


NMAT: National Management Admission Test or NMAT is a university-level entrance examination, conducted by GMAC for MBA admissions at NMIMS University and other major management colleges.

MBA Finance Cut-off

MBA Finance cut-off depends on several factors, such as the difficulty level of the entrance examination, and the number of students appearing for the entrance examination. Students who scored below the MBA Finance cut-off percentage are allowed to take admission to the MBA Finance course. The number of applicants and their entrance exam scores, which vary by institution, determine the MBA in Finance cutoff.

Browse Top MBA Colleges Accepting CAT Score: Location-Wise

MBA in Finance Skills

For the MBA in Finance course, various skills are required, such as managerial skills and knowledge of organisational culture. Students need all of these skills not only for MBA in Finance but also for other MBA disciplines such as Marketing Management, and Operations Management. Some of the MBA in Finance skills needed are mentioned in the table below:

Pressure Handling

Time Management

Communication Skills

Quantitative Skills

Financial Skills

Business and Management Interest

Critical Thinking

Analytical Skills

Decision-Making Skills

Numerical ability

MBA in Finance Syllabus

MBA in Finance subjects is divided into four semesters. The curriculum includes various MBA in Finance subjects such as Managerial Economics, Business Environment and Law, Financial Management, and Strategic Financial Management. In the table below, we have mentioned the MBA in Finance subjects of Pondicherry University.

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 DerivativesProject Work

MBA in Finance Fee Structure

The majority of the MBA Finance fees are determined by the college administration. The MBA in Finance fees vary depending on the institution. An MBA in Finance fees range between Rs. 10,000 and Rs. 20,00,000 at Indian institutes and universities.

Check Other MBA Courses:

Scope of MBA in Finance

Finance is an essential component of any economy, business, or enterprise. MBA in Finance is one of the major specialisations that improve an individual's financial skills, business concepts, and awareness of the country's economic growth. It is the ideal career to pursue with the appropriate specific skills because an MBA in Finance has a developing and rewarding scope for the future.

Finance is now a critical component of all economies. Finance plays a significant part in the advancement of industries. Individuals with a master's degree in finance can pursue a PhD degree in the very same subject. Students will be able to expand their knowledge even further as they pursue higher-paying employment.

Career Options after MBA in Finance

The MBA in Finance programme prepares students for careers in various financial sectors. In this section, we have mentioned some of the career options that can be pursued after completing the MBA Finance course.

Financial Advisor: Financial advisors help clients set goals and develop a plan for achieving them. They also help customers manage their savings and provide advice on how to best utilise their assets.

Financial Planner: A financial planner assists people with setting goals and managing their financial situation. This usually involves helping them assess their current financial situation and developing a budget. A financial planner is a person who helps individuals set goals and manage their finances. They do so by helping them create a budget and tracking their spending.

Budget Analyst: Budget analysts are individuals who help organisations and corporations organise and distribute their financial resources. Expenses are tracked to ensure that they stay within the budget and forecast future expenses. They also keep track of all of their transactions.

Top Recruiters

Morgan Stanley

Lehman Brothers

Deutsche BankMcKinsey
DeloitteBarclays
E&Y

Boston Consulting Group

KPMG

Goldman Sachs

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 Financial Management course will provide you with the necessary knowledge and skills to be successful in today's global and regional markets.

MBA in Finance is a comprehensive course that provides skills in various areas of finance. It includes core financial management, corporate planning, mergers and acquisitions, and banking. The programme aims to develop individuals with the necessary managerial and technical expertise to work in the financial services industry.

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MBA in Finance Salary

A graduate with an MBA in Finance's average income is influenced by a variety of elements, including business rules and the individual's talents, competence, and accomplishments. Graduates of MBA in Finance course have a better chance of getting a job due to the huge development of the management sector. In the table below, we have mentioned the MBA in Finance salary of some of the careers that can be pursued after completing the MBA Finance course.

Job Profile

Average Salary

Financial Advisor

Rs. 4.6 LPA

Financial Planner

Rs. 3.9 LPA

Budget Analyst

Rs. 5.6 LPA

Source: Ambitionbox

List of Top MBA Colleges in India Offering Finance Specialisation

Several Indian management institutes provide MBA programmes in finance. Admission is based on prior academic performance and entrance test scores. The table below highlights some of India's best MBA in Finance colleges.

College

Fees

Alagappa University, Karaikudi

Rs. 80,300

Bharathidasan University, Tiruchirappalli

Rs. 90,300

Guru Nanak Dev University, Amritsar

Rs. 2.51 Lakhs

Gujarat National Law University, Gandhinagar

Rs. 2.46 Lakhs

Institute of Management Studies, Devi Ahilya University

Rs. 1.27 Lakhs

Shoolini University Solan

Rs. 5.40 Lakhs

IILM University, Gurugram

Rs. 8.80 Lakhs

Indian Institute of Finance, Greater Noida

Rs. 9 Lakhs

JLU School of Commerce and Economics, Bhopal

Rs. 5.15 Lakhs

NIMS University, Jaipur

Rs. 4 Lakhs

Top Private MBA in Finance Colleges in India

An MBA in Finance is offered by a number of 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.

Top Government MBA in Finance Colleges in India

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.


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)

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

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.

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

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.

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

MBA in Finance costs on average between Rs. 10,000 and Rs. 20,00,000, depending on the school.

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 MBA in Finance is a two-year post-graduate degree programme that focuses on Finance.

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 - 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.

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 ?

Hello,

Deciding whether to pursue admission at NMIMS Navi Mumbai for an MBA depends on various factors such as the reputation of the institution, the specific MBA program offered, faculty expertise, alumni network, placement opportunities, and your career goals.Consider researching and comparing these aspects with your own aspirations and preferences. Additionally, you could reach out to current students or alumni to get insights into their experiences.

Hope this helps you,

Thank you

https://www.careers360.com/courses/mba-master-of-business-administration



Hello,


There are several reputable universities offer free online MBA courses, but not all provide certificates or credentials. However, platforms like Coursera, edX, and FutureLearn offer free courses from top universities and institutions that often provide certificates upon completion.


hope this helps,

Thank you

Hello aspirant,

Here below I am providing you with the name of some of the top colleges for MBA with low fees:

  • FMS, Delhi
  • MSU Baroda
  • Delhi School of Economics, DU
  • Department of Financial Studies (DFS), DU
  • Tata Institute of Social Sciences (TISS), Mumbai
  • FMS BHU

For more information you can visit our website by clicking on the link given below.

https://bschool.careers360.com/articles/mba-colleges-in-india-with-low-fees

Thank you

Hope this information helps you.

I have completed my B.Tech in 2021 .After that I am preparing for government jobs .I have less than 60 percentage in 10th & 12th .I want to go for online mba ? Which one should I choose ?


10 th and 12th marks matter in mba placements ?

Yes, a PhD in Biomedical Engineering is possible after a B.E. in Biomedical Engineering and an MBA in Hospital Management.PhD programs in Biomedical Engineering typically focus on research in a specific area of the field like biomaterials, biomechanics, or medical imaging. Your coursework in the MBA program might not directly apply to these research areas.

Reach out to professors at universities with biomedical engineering PhD programs that align with your interests. Discuss your background and career goals to see if they will be willing to mentor you.

Look for research assistant positions or independent research projects that can help you gain experience and potentially lead to publications.

https://engineering.careers360.com/download/ebooks/gate-syllabus-for-biomedical-engineering

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