MBA in Finance: Admission, Top Colleges, Fees, Eligibility and Job Opportunities

Ankita Rakshit

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.
 

Why MBA in Finance?


You can enjoy various benefits of MBA in Finance in India. The major benefits of studying MBA in Finance are as follows:

  • You can get diverse job roles after MBA in Finance like Financial Analysts, Finance Manager and Business Analyst.
  • You can earn around INR 8.57 LPA as an average salary after MBA in Finance in India.
  • Financial sectors in India are growing at a rate of 8.5% every year that will open more job openings for MBA finance graduates.
  • As per statistics, the finance market in India is projected to attain an annual growth rate of 14.02% by 2027, thus, emerging high job opportunities.


MBA in Finance Specialized Courses


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:

  • MBA in Accounting and Finance
  • MBA in Finance and Marketing
  • MBA in Financial Management
  • MBA in International Finance
  • Bank Management
  • Infrastructure and Project Finance
  • Structured Finance
  • Business Valuation
  • Corporate Restructuring
  • Investment Analysis and Portfolio Management
  • Behavioural Finance
  • Corporate investment management
  • Trading Strategies
  • Portfolio management
  • Small business and corporate finance
  • Investments
  • Disbursements
  • Fixed Income Markets
  • Securities analysis
  • Acquisitions & Mergers

All these specialized courses enable you to gain knowledge in banking, marketing, business statistics with a focus on finance.


Top MBA Finance Colleges in India


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 2024Top CollegesExam AcceptedCourse Fees
3IIM KozhikodeCATINR 20.50 lakhs
5IIM CalcuttaCATINR 31 lakhs
13SIBM PuneSNAPINR 8.47 lakhs
19IIT KharagpurCATINR 10 lakhs
20S.P. Jain Institute of Management and ResearchCATINR 16 lakhs
38LPU - Lovely Professional UniversityLPUNEST, CAT, XAT, MAT, NMAT, CMATINR 10 lakhs
29Amity University, NoidaCAT, XAT, NMAT, MAT, CMAT INR 7.78 lakhs
54Chitkara UniversityCAT, MAT, NMAT, XAT, CMATINR 6.80 lakhs
63K J Somaiya Institute of Management Studies and ResearchCAT, XAT, NMAT, CMATINR 18.49 lakhs
71Alliance UniversityCAT, XAT, NMAT, MAT, CMAT, KMATINR 15 lakhs
83BML Munjal UniversityCAT, NMAT, CMAT, XAT INR 13.50 lakhs
99Krea UniversityCAT, XAT, NMAT, CMATINR 7.50 lakhs
-Globsyn Business SchoolCAT, MAT, XAT, CMATINR 7.80 lakhs
-Jagdish Sheth School of ManagementCAT, XATINR 16 lakhs
-Woxsen School of BusinessCAT, XAT, NMAT INR 12.20 lakhs


Top Public Colleges for MBA in Finance


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 CollegesEntrance Exam Cutoffs
IIM KozhikodeCAT: 85 percentile or more
IIM CalcuttaCAT: 85 percentile or more
IIT KharagpurCAT: 90 percentile or more
Banaras Hindu UniversityCAT: 85-90 percentile
Jamia Millia IslamiaJMI MBA entrance exam: 45-50


Top Private Colleges for MBA in Finance
 

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 CollegesEntrance 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 UniversityLPUNEST: 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 


Direct Admission Colleges for MBA in Finance
 

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 UniversityGlobsyn Business School 
Amity University NoidaJagdish Sheth School of Management 
Jawaharlal Nehru Technological UniversityKrea University 
Alliance University Woxsen School of Business 


MBA in Finance Entrance Exams Deadline 2025
 

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 CutoffsRegistration Deadline
CAT 2025 94-100 percentile20 September 2025 (tentative)
SNAP 2024 58-98.2 percentile22 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 percentile30 November 2024
ATMA 202570-95 percentile15 October 2025
NMAT 2025200-23513 October 2025 (tentative date)


MBA in Finance Application Process
 

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:

  • Research for colleges that offers the program
  • Go through the website of the universities and make sure that you satisfy the eligibility criteria.
  • Register and prepare yourself to ace the national and state level examinations.
  • Submit academic marksheets, entrance exam score, work experience certificates if any and other documents to apply to colleges.
  • Selected candidates may ask to attend Written Assessment Test (WAT), Personal Interview and Group Discussion.
  • Final selection takes place on the basis of your performance in academics, entrance exam, PI, GD and WAT.
  • After selection, pay the required fees to accept the admission offer.


MBA in Finance Eligibility Criteria
 

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 CriteriaTier 1 CollegesTier 2 CollegesTier 3 Colleges
Academic Qualifications Hold a bachelor's degree with 60% marksSecure 50% in bachelor's degreeAt least score 50% marks in bachelor or more.
Entrance examCAT, NMAT, XATSNAP, ATMA, XAT, MATCMAT, MAT or other national and state level exams
Interview CriteriaAttend 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 admissionOnly PI round
Entrance Exam CutoffCAT cutoff: 85-95 percentileCAT cutoff: 70-80 percentile CAT cutoff: 60 percentile or above


Scholarships for MBA in Finance in India
 

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 NameEligibilityAward Granted
IDFC First Bank MBA ScholarshipMeritorious students having family income less than INR 6 lakhs per annumINR 1 lakhs per year
Mirae Asset FoundationYou must have strong merits and financial crisis. You must have family income less than 8 lakhs.INR 5 lakhs
Aditya Birla Group ScholarshipYou must be extremely meritorious to be eligible to applyINR 1.75 lakhs per year
LPU Merit ScholarshipsYou must have 90% marks in graduation and 95% in 12th INR 75,000 (30% of program fee)
Woxsen University Merit Based ScholarshipYou must have excellent academic qualifications and good entrance exam scores.Up to 50% of program fees


MBA in Finance Education Loan
 

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 NameLoan AmountInterest Rate
ICICI BankINR 1 croreREPO + 3.75%(Spread) onwards 
Axis BankUp to INR 75 lakhs8%
Central Bank of IndiaUp 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 IndiaUp to INR 50 lakhs8.15%
Bank of BarodaUp to INR 125 lakhs8.15% 


MBA in Finance Placements
 

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:
 

CollegesTop RecruitersJob RolesAverage Annual Salary
IIM KozhikodeCiti 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 CalcuttaGoogle, Deloitte, Citi Bank, Capgemini, HDFC Bank, HSBC Bank, IBMINR 35.07 LPA
SIBM PuneAccenture, Genpact, Wipro, EY, Infosys, ICICI Bank, WiproINR 25 LPA
S.P. Jain Institute of Management and ResearchAccenture, Boston Consulting Group, EY, Infosys, PwC, CapgeminiINR 33 LPA
LPU - Lovely Professional UniversityInfosys, Bosch, Capgemini, Cognizant, InformaticaINR 13.60 LPA
Amity University, NoidaEY, Deloitte, HDFC Bank, South Indian Bank, TCSINR 8 LPA
Chitkara UniversityBandhan Bank, Deloitte, Citi Bank, JP Morgan, Federal BankINR 10.5 LPA
K J Somaiya Institute of Management Studies and ResearchHSBC Bank, KPMG, Deloitte, Cognizant, Oracle, EYINR 28.25
Alliance UniversityAccenture, Amazon, Bosch, Capgemini, CISCO, DeloitteINR 4.2 LPA
BML Munjal UniversityAmazon, Hero, Federal Bank, Hyundai, Axis BankINR 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.

FAQ - MBA in Finance

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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