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MBA in Finance: Course Details, Fees, Eligibility, Admission 2024, Syllabus, Entrance Exam, Top Colleges, Career Scope
College Vidya Team Aug 5, 2024 1.2K Reads
There are various specialisations in MBA. You can pursue a program in online mode, in regular mode, in distance mode or part-time mode. You must appear in the entrance examination if you want to pursue a regular MBA program.
However, if you want to save yourself from the entrance examination, you can get direct admission to the online MBA programs. If you are looking to enrol in an MBA finance program, read this blog to get the whole information about the program.
MBA in Finance
MBA in finance is a two-year degree program offered online, distance, regular, and part-time modes. Click Here | Online MBA In Finance. The MBA curriculum focuses on critical problem-solving and financial skills.
It offers comprehensive knowledge of financial concepts, investment analysis, financial decision-making, and financial management. The course equips candidates with theoretical as well as practical skills of the candidates.
To apply for the MBA in Finance program, one must have completed graduation in the science, commerce and arts stream with aggregate 50% marks from a recognised university or college.
You must apply for the entrance examinations like CAT, MAT, XAT, GMAT and others to apply for the regular MBA program. You can get into an online program without taking any entrance examination. This online MBA is offered by the Top universities and institutes.
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Best Other MBA Specialization In Online Mode |
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Why Study MBA Finance?
The MBA consists of a year degree program that is split into four semesters. There are certain advantages to studying for an MBA in finance :
- In India, the rate of growth of financial sectors is 8.5% each year and this rate is growing every year. In such scenarios, pursuing an MBA can be really helpful to boost your career.
- The skills of financial analysis are highly required by both the private and public sectors. And as the finance sector is diverse, the opportunities are vast.
- Those who are interested in Finance can get enormous growth after an MBA in Finance.
MBA Finance Courses
You can pursue an MBA in Finance in any mode like :
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Type of Courses in MBA Finance |
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Full-Time MBA |
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MBA Finance Admission Criteria
If you are looking to enrol in the MBA finance course in a top university in regular mode, you are required to take the entrance examination. But if you are looking to enrol in the online programme, you are not supposed to take the entrance examination.
Here we have given the admission procedure :
- Check the eligibility criteria to enrol in the MBA Finance program.
- Take the entrance examination and clear the cutoff to get admission.
- Fill out the online application form on the official website of the university.
- Then upload the documents on the portal of the university.
- Make fee payment successfully and after this take the print of the application form.
- Now the university verifies the information filled in by you.
MBA Finance Vs MBA Marketing
Here is the difference between the MBA in Finance and the MBA in Marketing :
|
Parameters |
MBA Finance |
MBA Marketing |
|
Full Form |
Master of Business Administration in Finance |
Master of Business Administration in Marketing |
|
Eligibility Criteria |
Candidates must have pursued graduation with 50% marks |
Candidates must have pursued graduation with 50% marks. |
|
Subjects |
Hedge funds, Insurance Management, Portfolio Management, International Markets |
Brand Management, Retail Management, Marketing research, Consumer behaviour |
|
Top Colleges |
IIMs like IIM Bangalore, and IIM Calcutta. |
IIM Ahmedabad, and FMS Delhi |
|
Career Profiles |
Account Broker, Estate Planner, Tax Planner and many more |
Digital Marketing Head, Market Research Analyst, Customer Relationship Executive |
|
Recruiters |
Goldman Sachs, Deloitte, HSBC, KPMG |
Procter and Gamble, Microsoft, and Morgan Stanley are some of the companies that offer job opportunities after an MBA in Marketing. |
What are the Eligibility Criteria to enrol in MBA in Finance?
There are certain eligibility criteria to enrol in the MBA In Finance :
- The candidate must have passed graduation with a minimum of 55% marks.
- For SC/ST/OBC and other reserved categories, the minimum aggregate required is 45%.
- Most institutes accept students based on the CAT, XAT, and MAT scores of the candidates.
MBA Finance Entrance Examination
Various entrance examinations are conducted to offer admission to the students. The top MBA entrance examinations are :
|
CAT |
Nov '24 |
|
SNAP |
Dec '24 |
|
XAT |
Jan '25 |
|
MAT |
Feb '25 |
|
NMAT |
Oct '24 |
MBA Finance Cutoffs
Here we have given the cutoffs for the IIMs :
|
IIMs |
CAT Cutoff 2023 (Percentile) |
|
85 |
|
|
85 |
|
|
85 |
|
|
90 |
|
|
90 |
|
|
85 |
|
|
90 |
|
|
85 |
|
|
93 |
|
|
93 |
|
|
93 |
|
|
90 |
|
|
94 |
|
|
80 |
|
|
93 |
|
|
93 |
|
|
75 |
|
|
92 |
|
|
95 |
|
|
85 |
|
|
93 |
Cutoff of MBA Colleges(Non-IIMs)
Here we have given the cutoff for Non IIMs for MBA admissions :
|
Top MBA College |
CAT Cut-Offs (percentile) |
|
IIFT Delhi |
95-99 |
|
FMS, Delhi |
98-99 |
|
SPJIMR, Mumbai |
95-99 |
|
JBIMS, Mumbai |
96 |
|
IMT, Ghaziabad |
95-97 |
|
MDI, Gurgaon |
97-99 |
|
XIM, Bhubaneshwar |
91 |
|
IMI, New Delhi |
90 |
|
GIM Goa |
85 |
|
TAPMI, Manipal |
80 |
|
K J Somaiya, Mumbai |
86 |
|
FORE, New Delhi |
85 |
|
IRMA, Anand |
80 |
|
LIBA, Chennai |
70 |
|
XIME, Bangalore |
70 |
|
IFMR, Chennai |
80 |
|
MICA, Ahmedabad |
80 |
MAH MBA CET Cutoff for MBA
Here is the cutoff for the MAH MBA CET Examination :
|
MBA College |
MBA CET 2023 Cutoff (Percentile) |
|
SIMSREE |
99.97 |
|
JBIMS |
99.99 |
|
Prin. L. N. Welingkar Institute of Management Development & Research, Mumbai |
99.92 |
|
S.I.E.S. College of Management Studies, Mumbai |
99.85 |
|
Bombay St. Xavier College Soc.'s Xavier Institute of Management & Research, Mumbai |
99.86 |
|
Department of Management Sciences (PUMBA), University of Pune |
99.83 |
|
Indira College of Engineering & Management, Pune |
99.39 |
|
Chetana's Ramprasad Khandelwal Institute of Management & Research, Mumbai |
99.67 |
|
COEP Technological University |
99.83 |
|
MET's Institute of Management, Mumbai |
99.47 |
|
Lala Lajpatrai Institute of Management, Mumbai |
99.3 |
Syllabus of MBA Finance
Here we have mentioned the MBA in Finance yearly syllabus :
|
MBA Finance Subjects: First Year |
|
|
Semester I |
Semester II |
|
|
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MBA Finance Subjects: Second Year |
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Semester III |
Semester IV |
|
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MBA Finance Subjects
Here are the subjects for the MBA Finance :
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Financial Reporting |
Portfolio Management |
|
|
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Corporate Taxation |
Marketing Management |
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Organizational Behavior |
Managerial Accounting |
|
|
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Financial Risk Management |
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|
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Subjects in First-Year MBA Finance
Here we have mentioned the subjects of first-year MBA Finance :
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Principles of Accounting |
Micro Economics |
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Quantitative Methods and Statistics |
Tools and Frameworks for Decision-Making |
|
Corporate Social Responsibility |
Principles of Marketing Management |
|
Business Communication And Soft skills |
Organizational Behaviour-1 |
|
Marketing Research |
Corporate Governance and Business Ethics |
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Financial Modeling |
Managerial Economics |
|
Business Intelligence |
Supply Chain Management |
|
Strategic Management |
Corporate Finance-2 |
Subjects in Second-Year MBA Finance
Here we have mentioned the subjects of second-year MBA Finance :
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Business Law |
Macro Economics |
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Optimization and Project Research |
Marketing Management |
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Project Submissions |
Organization Behaviour-2 |
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Operations Management |
Corporate Management |
|
Project Management |
Internship Projects |
Fee Structure of MBA Finance
You can take admission to the top MBA Finance University. The program fees are around INR 4 LPA to INR 12 LPA. But this can vary depending on various factors.
Here are the top universities and institutes along with the fees for MBA finance courses :
|
College Name |
First Year Fees |
Hostel Fees |
|
PSG Institute of Management, Coimbatore |
INR 10,00,000 |
INR 60,000 |
|
Woxsen School of Business, Hyderabad |
INR 9,95,000 |
INR 1,31,250 |
|
Institute of Management Technology, Ghaziabad |
INR 19,38,000 |
INR 1,00,000 |
|
Great Lakes Institute of Management, Chennai |
INR 18,75,000 |
INR 3,20,000 |
|
Symbiosis Institute of Business Management, Bangalore |
INR 9,65,000 |
INR 1,23,000 |
|
Loyola Institute of Business Administration, Chennai |
INR 9,69,400 |
INR 1,30,000 |
|
FORE School of Management, New Delhi |
INR 8,49,000 |
INR 3,00,000 |
|
Bharathidasan Institute of Management, Tiruchirappalli |
INR 7,75,200 |
INR 8,000 |
|
UPES School of Business, Dehradun |
INR 7,36,000 |
INR 1,65,000 |
|
IIM, Kozhikode |
INR 4,25,000 |
INR 1,50,000 |
|
Alliance School of Business, Bangalore |
INR 15,00,000 |
INR 75,000 |
|
Shailesh J Mehta School of Management, IIT Bombay, Mumbai |
INR 6,91,100 |
INR 17,250 |
|
Department of Management Studies, IIT Madras, Chennai |
INR 5,59,100 |
INR 19,365 |
|
Department of Management Studies, IIT, Roorkee |
INR 4,84,500 |
INR 7,500 |
|
NIT, Tiruchirappalli |
INR 1,46,550 |
INR 1,25,000 |
|
Indian Institute of Social Welfare and Business Management, Kolkata |
INR 3,09,000 |
INR 2,30,000 |
|
IIM, Raipur |
INR 7,91,900 |
INR 1,50,000 |
|
Institute Technology & Management [ITM], Gwalior |
INR 77,500 |
INR 12,350 |
|
Motilal Nehru National Institute of Technology, Allahabad |
INR 91,000 |
INR 21,000 |
|
NICMAR University, Pune |
INR 8,15,000 |
INR 1,50,000 |
|
UNIRAJ, University of Rajasthan |
INR 5,440 |
INR 4,500 |
|
GL Bajaj Institute of Management and Research, Greater Noida |
INR 3,24,000 |
INR 1,65,000 |
|
Institute of Management Technology [IMT], Hyderabad |
INR 6,03,000 |
INR 1,00,000 |
|
IILM University, Greater Noida |
INR 4,40,000 |
INR 1,50,000 |
Job Roles provided after completion of the MBA Finance
After completing the MBA, you can get many job roles and opportunities. Here we have mentioned some job roles that you can get after completion of the MBA in Finance :
|
Job Position |
Average Salary |
|
Financial Analysts |
INR 4.22 LPA |
|
Finance Managers |
INR 9.80 LPA |
|
Derivatives Traders |
INR 3.25 LPA |
|
Assistant Vice Presidents - Corporate Banking |
INR 20.00 LPA |
|
Credit Risk Managers |
INR 13.50 LPA |
Best Colleges For MBA Finance
Some top universities and institutes offer an MBA in Finance. You can get into the top university by taking the entrance examination conducted by various bodies.
The Top entrance examinations are XAT, MAT, CAT, GMAT, SNAP and many more. Top Universities Offering MBA Finance are IIM Calcutta, SCMS School of Business, Kochi, IIM Lucknow, Jamia Millia Islamia, IIM Ahmedabad, SP Jain Institute of Management and Research, Mumbai, Galgotias University and many more.
Here are some of the top MBA finance Private Colleges :
|
MBA Finance Colleges |
MBA Finance Course Fees |
|
SIBM, Pune |
INR 23.9 Lakh |
|
NMIMS, Mumbai |
INR 23.9 Lakh |
|
Goa Institute of Management, Goa |
INR 18.3 Lakh |
|
Great Lakes Institute of Management, Chennai |
INR 9 - 11 Lakh |
|
Woxsen University, Hyderabad |
INR 12.2 Lakh |
|
New Delhi Institute of Management, Delhi |
INR 10.6 Lakh |
|
Parul University, Vadodara |
INR 1.4 - 3 Lakh |
|
LPU, Jalandhar |
INR 7.6 - 9.6 Lakh |
|
Management Development Institute, Gurgaon |
INR 18 Lakh |
Here are some of the top MBA finance Government Colleges :
|
MBA Finance Colleges |
MBA Finance Course Fees |
|
IIM, Lucknow |
INR 13 Lakh |
|
IIT Madras |
INR 9 Lakh |
|
IIM, Calcutta |
INR 23 Lakh |
|
IIM, Raipur |
INR 8-4 Lakh |
|
IIM, Kashipur |
INR 17 Lakh |
|
IIM, Kozhikode |
INR 20 Lakh |
|
BSE Institute Limited, Mumbai |
INR 4-7 Lakh |
|
IIT, Delhi |
INR 10 Lakh |
|
Jamia Milia Islamia, Delhi |
INR 47,000 |
|
IIT, Roorkee |
INR 4 Lakh |
MBA Finance Abroad for Indian Students
Many students are looking to pursue an MBA from an abroad University. The candidates must take the entrance examination. Along with the GMAT entrance examination, the candidate must take the English language proficiency test like IELTS or TOEFL.
While you are choosing the finance courses abroad make sure to choose the right college and the university. This can have a strong impact on your life and future career.
If you have made up your mind that you want to pursue an MBA from a foreign university, make sure you prepare yourself for competitive examinations.
Conclusion
If you still find yourself in a dilemma about whether to pursue an MBA finance course or not, then worry not. Always look for your passion and interest. The field that intrigues you the most should be chosen by you. Candidates who are working professionals and want to pursue an MBA in Finance can opt for the Online MBA finance program, which offers flexibility to the students and is self-paced.
FAQs (Frequently Asked Questions)
Yes, an MBA in finance can bring amazing career opportunities for students. After completion of the program, the candidates get the chance to work as :
- Financial Analysts
- Finance Managers
- Assistant Vice Presidents - Corporate Banking
- Credit Risk Managers
- Derivatives Traders
There are many top recruiters for the MBA Finance graduates like :
- Morgan Stanley
- Merrill Lynch
- Barclays
- JP Morgan
- Goldman Sachs
- Bain & Co
- Boston Consulting Group
- McKinsey
- Deloitte
- Lehman Brothers
- Deutsche Bank
- Citi Bank
- KPMG
- ICICI Bank
- HSBC Bank
Various institutes and universities are offering MBAs in Finance. Some of them are :
- IIM Ahmedabad
- IIM Bangalore
- IIM Calcutta
- IIM Lucknow
- IIM Indore
- IIM Kozhikode
- SIMSREE
- JBIMS
- Prin. L. N. Welingkar Institute of Management Development & Research, Mumbai
- S.I.E.S. College of Management Studies, Mumbai
You can have certain pros of pursuing an MBA in Finance like :
- Specialised knowledge
- Better career opportunities
- Enhanced networking opportunities
- High Earning potential
- Versatility
Some Cons to pursuing an MBA Finance course are :
- High-Cost Course
- Two years of time commitment
- Admission through entrance to a regular program
- Evolving industry
You can pursue any based on your interest and passion. Both offer high-earning potential, amazing job opportunities and enhanced career aspirations.
The graduate with an MBA in Finance can get various jobs and career opportunities. They can analyse the company’s reports, take measures to enhance stock value, balance risk and profitability, forecast economic trends and many more.
No, MBA Finance is not a tough course. You can easily crack the examination with the right study plan and strategy.
There are various specialisations in MBA courses. You can opt for the career field and specialisation that intrigues you the most. You can opt for an MBA in Business analytics, finance, information technology, economics and marketing.
There are many job and career opportunities that you can grab after the completion of an MBA. Highest paying MBA salaries are:
- Finance
- Business Analytics
- Event Management
- Information Technology
- International Business
The starting salary for MBA finance is INR 3 LPA, which can be increased up to INR 7 LPA and above.
Yes, in MBA Finance you have to study maths as the compulsory subject.
In MBA Finance the candidate studies various topics like financial accounting and analysis, business laws, cost and management accounting, direct and indirect taxation and many more.
The top online MBA Finance Universities are :
- Online Manipal
- LPU Online
- Amrita Ahead Online
- Jain University
- MAHE Manipal
- UPES
- DY Patil University
- Shoolini University
- Chandigarh University
- Vignan University Online
- GLA University Online
- Sharda University
- Bharatidasan University
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