MBA in Finance admission is based on bachelor marks and entrance exams score. More than 1700 colleges offer this program. You need to secure 85 percentile marks or above in CAT to get admission to top colleges like IIMs and IITs. According to the latest update, CAT aspirants must be well prepared to seat the exam by fourth week of November. Further, you need to have at least 50% marks in bachelors. Direct admission to colleges in also available in Amity, LPU and Krea University based on admission test, personal interview and group discussions. MBA in Finance offers immense job opportunities and better ROI with salary package between INR 4.2-35.07 lakh. Top recruiting companies like Deloitte, EY and Citi Bank hires graduates as Financial Analysts and Investment Bankers.
You can enjoy various benefits of MBA in Finance in India. The major benefits of studying MBA in Finance are as follows:
MBA in Finance is focused on developing knowledge of investment strategies, risk management and financial markets. The program is based on subjects like Financial Planning, Cost of Capital, Macroeconomics and Financial Functions. Various specialization courses for MBA in Finance are as follows:
All these specialized courses enable you to gain knowledge in banking, marketing, business statistics with a focus on finance.
MBA in Finance fees for top colleges in India varies from INR 5 lakhs-31 lakhs. The table highlights the fees of the best colleges for MBA in Finance:
NIRF Ranking 2024 | Top Colleges | Exam Accepted | Course Fees |
3 | IIM Kozhikode | CAT | INR 20.50 lakhs |
5 | IIM Calcutta | CAT | INR 31 lakhs |
13 | SIBM Pune | SNAP | INR 8.47 lakhs |
19 | IIT Kharagpur | CAT | INR 10 lakhs |
20 | S.P. Jain Institute of Management and Research | CAT | INR 16 lakhs |
38 | LPU - Lovely Professional University | LPUNEST, CAT, XAT, MAT, NMAT, CMAT | INR 10 lakhs |
29 | Amity University, Noida | CAT, XAT, NMAT, MAT, CMAT | INR 7.78 lakhs |
54 | Chitkara University | CAT, MAT, NMAT, XAT, CMAT | INR 6.80 lakhs |
63 | K J Somaiya Institute of Management Studies and Research | CAT, XAT, NMAT, CMAT | INR 18.49 lakhs |
71 | Alliance University | CAT, XAT, NMAT, MAT, CMAT, KMAT | INR 15 lakhs |
83 | BML Munjal University | CAT, NMAT, CMAT, XAT | INR 13.50 lakhs |
99 | Krea University | CAT, XAT, NMAT, CMAT | INR 7.50 lakhs |
- | Globsyn Business School | CAT, MAT, XAT, CMAT | INR 7.80 lakhs |
- | Jagdish Sheth School of Management | CAT, XAT | INR 16 lakhs |
- | Woxsen School of Business | CAT, XAT, NMAT | INR 12.20 lakhs |
For applying to public colleges for MBA, you must qualify the CAT exam with good rankings. The table below states the entrance exam cutoffs for top public colleges for MBA in Finance:
Top Colleges | Entrance Exam Cutoffs |
IIM Kozhikode | CAT: 85 percentile or more |
IIM Calcutta | CAT: 85 percentile or more |
IIT Kharagpur | CAT: 90 percentile or more |
Banaras Hindu University | CAT: 85-90 percentile |
Jamia Millia Islamia | JMI MBA entrance exam: 45-50 |
You can get into top private colleges like Amity University, MIT WPU, Christ University etc. to apply for MBA in Finance. The table below states the entrance exam cut offs for top private colleges for MBA in Finance:
Top Colleges | Entrance Exam Cutoffs |
Amity University, Noida | MAT: 650 CMAT: 200 CAT/XAT: 85 NMAT: 250 |
S.P. Jain Institute of Management and Research | CAT: 85 percentile or above |
MIT World Peace University, Pune | CAT/XAT: 60 percentile or above MAH-CET: cutoff not specified |
Lovely Professional University | LPUNEST: 150+ |
Christ University | MAT: 550 and above CAT: 60 percentile and above XAT: 60 percentile and above CMAT: 60 percentile and above ATMA: 60 percentile |
You can take admission directly by qualifying the university admission test, personal interviews and Group discussions. Here, given below the list of direct admission colleges for MBA in Finance:
List of Colleges | |
Lovely Professional University | Globsyn Business School |
Amity University Noida | Jagdish Sheth School of Management |
Jawaharlal Nehru Technological University | Krea University |
Alliance University | Woxsen School of Business |
You must be aware of the deadline for entrance exams for admission to best MBA Finance colleges in India. Check below the last date to apply for entrance exams:
Entrance Exam | Cutoffs | Registration Deadline |
CAT 2025 | 94-100 percentile | 20 September 2025 (tentative) |
SNAP 2024 | 58-98.2 percentile | 22 November 2024 |
MAT 2024 | 60-80 percentile | 30 November 2024 (CBT 1) 07 December 2024 (PBT) 15 December 2024 (CBT 2) |
CMAT 2025 | 95-99 percentile | 23 April 2025 (tentative) |
XAT 2025 | 90-95 percentile | 30 November 2024 |
ATMA 2025 | 70-95 percentile | 15 October 2025 |
NMAT 2025 | 200-235 | 13 October 2025 (tentative date) |
Are you curious about how to apply for MBA in Finance. The application process follows a series of steps. Check below the application process for MBA in Finance:
As an aspirant, you must focus to meet the MBA in Finance eligibility criteria for admission to top colleges. The eligibility criteria to get into best universities for MBA in Finance are as follows:
Eligibility Criteria | Tier 1 Colleges | Tier 2 Colleges | Tier 3 Colleges |
Academic Qualifications | Hold a bachelor's degree with 60% marks | Secure 50% in bachelor's degree | At least score 50% marks in bachelor or more. |
Entrance exam | CAT, NMAT, XAT | SNAP, ATMA, XAT, MAT | CMAT, MAT or other national and state level exams |
Interview Criteria | Attend Personal Interview (PI), Group Discussion (GD) and Writing Aptitude Test (WAT) | Admission is based on PI and WAT rounds. Some universities only take PI for admission | Only PI round |
Entrance Exam Cutoff | CAT cutoff: 85-95 percentile | CAT cutoff: 70-80 percentile | CAT cutoff: 60 percentile or above |
You can apply for IDFC First Bank scholarships and other university scholarships to pursue MBA in Finance. The scholarship offers 50% of funding to cover your fees and other expenses of studying the program. Popular scholarships for studying at the best MBA Finance colleges in India are tabulated below:
Scholarship Name | Eligibility | Award Granted |
IDFC First Bank MBA Scholarship | Meritorious students having family income less than INR 6 lakhs per annum | INR 1 lakhs per year |
Mirae Asset Foundation | You must have strong merits and financial crisis. You must have family income less than 8 lakhs. | INR 5 lakhs |
Aditya Birla Group Scholarship | You must be extremely meritorious to be eligible to apply | INR 1.75 lakhs per year |
LPU Merit Scholarships | You must have 90% marks in graduation and 95% in 12th | INR 75,000 (30% of program fee) |
Woxsen University Merit Based Scholarship | You must have excellent academic qualifications and good entrance exam scores. | Up to 50% of program fees |
You can apply for education loan to pursue MBA in Finance. This education loan covers your tuition, travel and accommodation expenses. The table below states the interest rate and loan amount offered by various banks for MBA in Finance:
Bank Name | Loan Amount | Interest Rate |
ICICI Bank | INR 1 crore | REPO + 3.75%(Spread) onwards |
Axis Bank | Up to INR 75 lakhs | 8% |
Central Bank of India | Up to INR 50 lakhs | REPO RATE (6.50%) + 1.55 (Credit Risk Premium) = 8.05% (for loan up to INR 20 lakhs) REPO RATE (6.50%) + 1.60 (Credit Risk Premium) = 8.10% [for loans above INR 20 lakhs) |
State Bank of India | Up to INR 50 lakhs | 8.15% |
Bank of Baroda | Up to INR 125 lakhs | 8.15% |
You can get huge scope after MBA in Finance in various sectors like accounting, management, banking etc. The universities offer placement opportunities with salary ranging between INR 4.2-35.07 LPA. The table below states the placement opportunity offered by different colleges after MBA in Finance:
Colleges | Top Recruiters | Job Roles | Average Annual Salary |
IIM Kozhikode | Citi Bank, Axis Bank, Goldman Sachs, Deutsche Bank, Standard Chartered and JP Morgan Chase & Co. | Accounting Manager, Finance Officers, Financial Analyst, Cash Managers, Corporate Controllers, Credit Managers & Specialists, Investment Bankers, Manager Consultants, Insurance & Risk Managers | INR 27.97 LPA |
IIM Calcutta | Google, Deloitte, Citi Bank, Capgemini, HDFC Bank, HSBC Bank, IBM | INR 35.07 LPA | |
SIBM Pune | Accenture, Genpact, Wipro, EY, Infosys, ICICI Bank, Wipro | INR 25 LPA | |
S.P. Jain Institute of Management and Research | Accenture, Boston Consulting Group, EY, Infosys, PwC, Capgemini | INR 33 LPA | |
LPU - Lovely Professional University | Infosys, Bosch, Capgemini, Cognizant, Informatica | INR 13.60 LPA | |
Amity University, Noida | EY, Deloitte, HDFC Bank, South Indian Bank, TCS | INR 8 LPA | |
Chitkara University | Bandhan Bank, Deloitte, Citi Bank, JP Morgan, Federal Bank | INR 10.5 LPA | |
K J Somaiya Institute of Management Studies and Research | HSBC Bank, KPMG, Deloitte, Cognizant, Oracle, EY | INR 28.25 | |
Alliance University | Accenture, Amazon, Bosch, Capgemini, CISCO, Deloitte | INR 4.2 LPA | |
BML Munjal University | Amazon, Hero, Federal Bank, Hyundai, Axis Bank | INR 9.2 LPA |
MBA in Finance scope is vast in various industries like accounting, IT and manufacturing sectors. As an aspirant, you need to demonstrate 50% of marks in UG and good entrance test score to apply for MBA Finance program. You must perform well in personal interview and group discussion round. You can get help of scholarship to afford the expenses of studying in the best colleges for the program.
Ans. MBA in Finance is postgraduate program for 2 years. The program is based on the knowledge of management of finance and accounts of the companies. You can learn various topics like financial risks, stock markets, capital investments, trend forecasting and business analysis.
Ans. You can get wide career scope after completing MBA in Finance. The job roles students get are Financial Analyst, Finance Manager, Business Analyst and Investment Banker.
Ans. You can get jobs in different sectors like accounting, management and banking firms. Top recruiters like EY, Deloitte and Accenture hire MBA finance graduates as Finance Managers and Business Analysts.
Ans. MBA in Finance is a challenging program for students. You can learn finance and management skills to develop your career in the banking and accounting sectors. You must have 50% marks in UG and good scores in entrance exams like CAT or MAT to apply for the program.
Ans. MBA Finance is based on various subjects like Financial Accounting, Corporate Finance, Managerial Economics, Investment Management and Risk Management. From this program, you can enhance your financial knowledge to develop your career in accounting, banking and management sectors.
Ans. MBA in Finance offers great career options like Accounting Manager, Finance Officers, Financial Analyst and Investment Bankers. You can get jobs in top companies like EY, Deloitte, Accenture, Amazon, Bosch and Capgemini.
Ans. For pursuing MBA in Finance, you can get salary ranging from INR 4.2-35.07 lakhs. You can get diverse job roles like Financial Analysts, Finance Manager and Business Analyst after completing the program.
Ans. The high paying specialization for MBA programs is Finance, Business Analytics, International Business, Event Management and Information Technology Management. Students need to have 50% in bachelor degree to apply for MBA programs.
Ans. You must have a bachelor's degree with 50% marks to be eligible for MBA in Finance. You must qualify for the CAT, MAT, NMAT, CMAT exams with good rankings to get into the program.
Ans. You can get hired in diverse designations like Accounting Manager, Finance Officers, Financial Analyst and Investment Bankers after MBA in Finance. As per pay scale, Finance Management Associate, Finance Consulting Manager and other jobs related to managerial positions get high salary packages.
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