The full form of MBA Finance is Master of Business Administration in Finance. It is a two-year postgraduate course. An MBA in Finance focuses on various aspects of finance, investment, and financial management within the corporate and financial sectors.
Enrollment in this program requires successful completion of an entrance examination, followed by participation in a group discussion and a personal interview.
MBA Finance eligibility is a bachelor’s degree with a minimum of 50-55% marks from any stream from a recognized university or college.
MBA Finance fees are INR 2 – 10 LPA. Some of the top MBA in Finance colleges in India are IIM Bangalore, IIM Ahmedabad, IIM Kolkata, and Faculty of Management Studies, Delhi.
The MBA Finance syllabus includes topics on Financial Accounting and Reporting, Managerial Accounting, Financial Management, Corporate Finance, Portfolio Management, Financial Markets, and Risk Management.
MBA Finance subjects include Entrepreneurial Finance, Financial Technology, Financial Reporting, Analysis of Specialized Industries, Corporate Governance, International Finance, Real Estate Finance, and Investments.
MBA Finance jobs include Chief Financial Officer, Investment Banker, Financial Advisor, Revenue Manager, Financial Analyst, Bank Manager, and Financial Planner. MBA Finance salary ranges from INR 7 – 20 LPA.
Some of the top recruiters for this course are Jain and Co., JP Morgan, Goldman Sachs, Barclays, Morgan Stanley, and McKinsey.
Further Reading:
All about MBA:
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MBA Finance: Course Details
| Course Name | MBA in Finance |
| Full Form | Master of Business Administration in Finance |
| Course Level | Postgraduate |
| MBA Specialization | Finance |
| Course Duration | 2 years |
| Course Fees | INR 1.10 - 7 lakhs |
| Examination | Semester System |
| Eligibility | A minimum of 50% score in bachelor's degree |
| Entrance Exams | CAT, MAT, GMAT, CMAT, XAT, NMAT |
| Admission Process | Based on the Entrance exam and bachelor's degree score |
| Top Colleges | IIM Bangalore, IIM Ahmedabad, IIM Kolkata, Faculty of Management Studies, Delhi |
| Average Salary | INR 7 - 20 LPA |
| Job Profiles | Chief Financial Officer, Investment Banker, Financial Advisor, Revenue Manager, Financial Analyst, Bank Manager, Financial Planner |
| Top Recruiters | Bain and Co, JP Morgan, Goldman Sachs, Barclays, Morgan Stanley, McKinsey, etc. |
More MBA Courses:
What is MBA Finance?
An MBA in Finance focuses on various aspects of finance, investment, and financial management within the corporate and financial sectors. This program is designed to provide students with a strong foundation in financial principles and practices, preparing them for careers in finance, banking, investment management, corporate finance, and related fields.
Why should you pursue an MBA in Finance?
Specialized Knowledge and Skills: An MBA in Finance provides a specialized understanding of financial concepts, investment strategies, and risk management.
Career Advancement: This program can make graduates more competitive in the job market, especially for leadership and managerial roles.
Networking Opportunities: MBA programs often help in building a professional network that can be valuable for future career prospects.
Entrepreneurial Pursuits: An MBA in Finance can provide the financial management skills necessary for starting and managing a business.
MBA Finance: Course Duration
The duration of MBA Finance in India is 2 years, which is divided into 4 semesters. However, the exact duration may vary depending on the university or institution offering the course. MBA Finance in distance education programs may have a longer duration, up to 5 years, compared to the regular full-time course.
MBA Finance: Eligibility Criteria
The eligibility criteria for an MBA in finance are quite similar to the eligibility criteria for a general MBA course. The following are the basic requirements to be eligible to enroll in an MBA finance course:
- A bachelor's degree with a minimum of 50% aggregate or an equivalent CGPA from an accredited university
- The minimum aggregate for students in the reserved category is 45%.
- Most institutions offer MBA in Finance based on their performance on entrance exams like the CAT, XAT, CMAT, MAT, SNAP, etc.
MBA Finance: Admission 2024
- Most colleges and institutes grant admissions into MBA Finance based on the entrance exams and scores achieved in bachelor's degrees.
- Many entrance exams are conducted for MBA in finance, such as CAT, MAT, XAT, CMAT, etc.
- Those selected will be called for personal interviews and group discussions
- Selected candidates who complete all the selection rounds may pay the fees to secure their admission.
MBA Finance: Entrance Exam 2024
In most colleges and universities, MBA Finance admissions are determined by the various entrance exams conducted at the university and national levels. Here is a list of the top MBA in Finance entrance exams:
Name of the Exam | Registration Date | Exam Date |
21st September, 2023 | 26th November, 2023 | |
3rd December, 2023 (IBT) 5th December, 2023 (PBT) 6th December, 2023 (IBT) 28th November, 2023 (CBT) 11th December, 2023 (CBT) 14th December, 2023 (IBT) | 3rd December, 20233rd December, 2023 (CBT) 6th December, 2023 (IBT) 9th December, 2023 (IBT) 9th December, 2023 (PBT) 16th December, 2023 (CBT) 17th December, 2023 (IBT) | |
23rd November, 2023 | 10th December, 2023 17th December, 2023 22nd December, 2023 | |
1st July, 2023 - 16th December, 2023 | 1st week of January, 2024 | |
16th December, 2023 | ||
April - May, 2024 | ||
3rd Week of February, 2024 - 3rd Week of March, 2024 | 23rd March & 24th March, 2024 | |
10th October, 2023 | October 10 - December 19, 2023 | |
4th Week of December, 2023 | ||
30th November, 2023 | 7th January,2024 | |
2nd Week of December, 2023 |
MBA Finance: Entrance Exam Syllabus
MBA Finance entrance exam syllabus may vary slightly depending on the college or university. However, here are some common topics that are usually included in the exam:
Subjects | Topics |
Financial Management | Basics of finance, Financial markets and institutions, Capital Budgeting, Risk and return, Financial ratios |
| Arithmetic, Geometry, Number Systems, Percentage, Profit and Loss, Time and Work, Time-Speed-Distance. |
Reading Comprehension, Grammar, Vocabulary, Sentence Correction, Para-Jumbles, etc. | |
| Puzzles, Seating Arrangements, Syllogisms, Analogies, Coding-Decoding, Data Sufficiency, etc. |
Data Interpretation | Data from charts, graphs, and tables. |
General Awareness
| General Knowledge, current affairs, and business-related. |
Analytical Writing Assessment (AWA) | Write Essays on given topics to demonstrate their analytical and writing skills. |
MBA Finance: Syllabus
Each school offers a different finance syllabus and an MBA. Mentioned below are the main MBA Finance subjects included in most colleges and institutes:
MBA Finance Syllabus 1st Year
| MBA Finance Subjects: Semester 1 | MBA Finance Subjects: Semester 2 |
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MBA Finance Syllabus 2nd Year
| MBA Finance Subjects: Semester 3 | MBA Finance Subjects: Semester 4 |
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MBA Finance Syllabus: Elective Subjects
| Elective MBA Finance Subjects: Semester 3 | Elective MBA Finance Subjects: Semester 4 |
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| Open Elective MBA Finance Subjects: Semester 3 |
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MBA Finance: Subjects
In addition to the fundamental general management courses required for an MBA, the MBA Finance course syllabus also covers the following subjects:
- Corporate investment management
- Portfolio management
- Hedge fund management
- Small business and corporate finance
- Investments
- Securities analysis
- Borrowing
- Fundraising
- Collections
- Disbursements
- International Finance
- Coverage of global financial institutions, valuation, volatility, fixed-income securities, international markets, and macroeconomics
MBA Finance: Skills Required
MBA Finance aspirants require typical business administration skills to pursue this course. Among these are initiative, interpersonal skills, communication skills, problem-solving and analytical skills, teamwork, and leadership. To be successful in this sector, one needs to possess a few functionally specific skills, which are mentioned below:
| Strong quantitative skills | Trustworthy and dependable |
| Leadership qualities and team player | Motivated and ambitious |
| Critical thinking and pulse on the business | Data interpretation and analysis skills |
| Handle multiple tasks and the ability to take criticism lightly | Ability to perform well under pressure |
Top MBA Finance Colleges in India
This section lists the top colleges along with their course fees, placements, and NIRF rankings to help you choose the right college for yourself. Here is a list of the top colleges to pursue an MBA in Finance Courses:
MBA in Finance Colleges | Course Fees | Placements | Ratings (As per NIRF Rankings) |
| Indian Institute of Management (IIM), Bangalore | INR 23,00,000/- | INR 19.5 LPA | 2 |
| Indian Institute of Management (IIMA), Ahmedabad | INR 22,00,000/- | INR 18.26 LPA | 1 |
| Indian Institute of Management (IIMC), Kolkata | INR 19,00,000/- | INR 18.4 LPA | 3 |
| FMS Delhi - Faculty of Management Studies, Delhi | INR 20,960/- | INR 16.2 LPA | - |
| Symbiosis Institute of Business Management [SIBM], Pune | INR 19,40,000/- | INR 14.23 LPA | 20 |
| Indian Institute of Technology Bombay, Mumbai | INR 1,00,000/- | INR 16.5 LPA | 10 |
| Manipal University - Manipal Academy of Higher Education, Manipal | INR 7,60,000/- | INR 5 LPA | 76 |
| National Institute of Technology (NIT), Trichy | INR 2,95,650/- | - | 48 |
| Indian School of Business (ISB), Hyderabad | INR 33,34,073/- | INR 20.76 LPA | - |
MBA Finance: Colleges
Given below are the Top MBA Colleges in India, state-wise and city-wise:
Top MBA Colleges in India (State-wise) | Top MBA Colleges in India (City-wise) |
MBA Finance: Career
There are several work opportunities in the fields of banking, financial services, and insurance for those with an MBA in finance. One can find work in corporate finance, insurance, financial planning, banking, accounting, taxation, financial investments, portfolio management, taxation & planning, asset and liability finance, hedge fund management, international finance, and insurance management after completing this course.
MBA Finance: Jobs
Every business organization needs finance specialists at the junior, medium, and senior levels to look after the finances and financial assets of the company. An MBA in Finance graduate can work in the banking and non-banking industries. The following is a list of some popular job profiles in the finance industry:
MBA Finance Jobs | Job Description |
Corporate Finance | The roles and responsibility of Corporate Finance is to identify and secure acquisitions, and merger deals, invest monetary funds, and buying selling financial products for the clients. |
Corporate Banking | Corporate bankers advise private as well as corporate clients in required matters related to finance, acquisitions, mergers, capital markets, etc. |
Credit Risk Management | Credit Risk Management roles require job holders to predict future risks, form and implement policies, and procedures that reduce credit risk, and oversee performance report preparation. |
Asset Management | Asset management professionals assess the possibility of asset acquisitions and present the reports to the concerned business stakeholders. |
Hedge Fund Management | The role of Hedge Fund Managers is to assist individuals in managing hedge fund investments which include investment objectives, fee structures, and liquidity provisions. |
Private Equity | The major role of a Private Equity associate is to find investors, help with the investments, and offer aid to existing bank customers in investment-related activities. |
Derivatives Structuring | Derivate structuring roles require people to work on derivative trading, modelling, and structuring-related issues. |
Treasury | The primary role of Treasury requires to monitor corporate liquidity, risk management, and investments related to the company's financial activities. |
MBA Finance: Salary
The table below shows the average salary for various jobs after MBA in finance courses:
| Job Profile | Average Salary |
| Financial Analyst | INR 4.22 LPA |
| Finance Manager | INR 9.80 LPA |
| Assistant Vice President - Corporate Banking | INR 20.00 LPA |
| Credit Risk Manager | INR 13.50 LPA |
| Derivatives Trader | INR 3.25 LPA |
| Portfolio Manager | INR 10.71 LPA |
| Treasury Manager | INR 9.69 LPA |
MBA Finance: Top Recruiters
Some of the top recruiting companies that hire graduates with an MBA in finance are listed below:
- Morgan Stanley
- JP Morgan
- Goldman Sachs
- Barclays
- Bain & Co
- McKinsey
- Boston Consulting Group
- KPMG
- Deloitte