MBA Finance Colleges in India

Over the years, an MBA in Finance has become one of the most sought-after specialisations. The way businesses operate has been fast altering as a result of the continuously changing corporate environment and modernisation. An MBA with a finance specialisation provides students with all of the skills they need to achieve a rewarding career in the field. Because finance is at the root of any business, every organisation is on the lookout for finance specialists who are capable of handling complex accounting functions. The majority of IIMs and prestigious management institutes offer MBA programmes with a finance specialisation. The CAT Exam Score, MAT, XAT, CMAT, and other state level exams are accepted by a majority of colleges. Cost estimation, monitoring, budgeting, international banking, treasury services, capital management, acquisitions, wealth management, corporate finance, and global finance are just some of the topics covered in an MBA Finance programme.

In this Article:

MBA Finance prepares you for a variety of topics such as budgeting, forecasting, global cash reserves, and investment management etc. Students with practical expertise in finance will be able to pursue careers in almost any field. An MBA in Finance specialisation opens up work opportunities in all types of domains, unlike other specialisations, which require graduates to stick to a specific domain after graduation. The course provides students with an opportunity to expand their horizons and gain a distinct view of financial environments, allowing them to strengthen their financial abilities offering a better remuneration. Students get to work as Accounting Managers, Treasurers, Risk Analysts, Actuarial Managers etc. The following article will provide you with a detailed summary of the universities that offer an MBA with a Finance specialisation, as well as job prospects after graduation and eligibility requirements.

List of Colleges Offering MBA in Finance

Name of the College

Entrance Exam Accepted

Fees

IIM Calcutta

CAT

₹27 L

IIM Kozhikode

CAT

₹22.5 L

Department of Management Studies, IIT Delhi

CAT

₹9.89 L

IIM Lucknow

CAT

₹9.2 L

XLRI Xavier School of Management, Jamshedpur

CAT & GMAT

Jamia Millia Islamia, New Delhi

University Entrance Exam

IMT Ghaziabad – Institute of Management Technology

CAT/XAT

₹19.53 L

Soil Institute of Management

Not Prescribed

₹15.33 L

Woxsen University

Not Prescribed

₹13.5 L

Amity University, Noida

MAT, GMAT, CMAT/CAT/XAT/ NMAT

₹6.6 L

IMI Kolkata

CAT, ATMA, MAT, XAT, CMAT

ICFAI Business School, Hyderabad

IBSAT,CAT, NMAT

T.A. Pai Management Institute (TAPMI)

CAT XAT

SPJIMR – S.P. Jain Institute of Management and Research

CAT

GMAT

₹17.5 L

Department of Management Studies, DoMS IIT Madras

CAT

₹6.99 L

Vignana Jyothi Institute of Management

Not Prescribed

₹7.6 L

NIT Trichy – National Institute of Technology

CAT

₹2.51 L

Shanti Business School

Not Prescribed

₹6.5 L

IIT Kanpur – Department of Industrial and Management Engineering

CAT

₹3.6 L

Christ University, Bangalore

CMAT, CAT, MAT, XAT, GMAT, ATMA

Cambridge Institute of Technology, Bangalore

Karnataka PGCET

Symbiosis Institute of Business Management, Symbiosis International, Pune

SNAP

₹19.4 L

NMIMS Deemed to be University – Navi Mumbai Campus

NMAT

₹16.54 L

Jaipuria Jaipur – Jaipuria Institute of Management

Not Prescribed

₹8.75 L – 9.75 L

Symbiosis Institute of Business Management, Symbiosis International, Hyderabad

SNAP

₹13.4 L

Badruka College Post Graduate Center

TSICET

₹1.4 L

Indian School of Business, Hyderabad

GMAT

₹31.35 L

Zeal College of Engineering and Research

MAH CET

CMAT

₹1.92 L

Symbiosis Institute of Management Studies, Symbiosis International, Pune

SNAP

₹13.9 L

Sinhgad College of Engineering

MAH CET

CMAT

₹2.74 L

ISMR – International School of Management & Research

MAH CET

CMAT

₹3.44 L – 6.5 L

K J Somaiya Institute of Management

CMAT

CAT

₹18.78 L

Indira Institute of Management – IIMP

MAH CET

CMAT

₹7.2 L

LBSIM – Lal Bahadur Shastri Institute of Management

CAT

XAT

₹13.34 L

PSG Institute of Management

CAT

MAT

₹8 L

IIEBM, Indus Business School

Not Prescribed

₹7.45 L

IMT Nagpur – Institute of Management Technology

CMAT

CAT

₹12.04 L

ISB&M – International School of Business and Media, Bangalore

IBSAT

₹7.6 L

Shiv Nadar University (SNU)

CMAT

CAT

₹11.5 L

Sai Balaji International Institute of Management Sciences (SBIIMS)

MAH CET

CMAT

₹4.5 L

Krupanidhi School of Management, Krupanidhi Group of Institutions

Not Prescribed

₹6 L

Institute of Management Studies

Not Prescribed

₹7.95 L

KCT Business School

MAT

TANCET MBA

₹3 L

KV Institute of Management and Information Studies (KVIMIS)

Not Prescribed

₹3.9 L

Delhi School of Management, DTU

CAT

₹4.19 L

Lexicon Management Institute of Leadership and Excellence

Not Prescribed

₹8.5 L – 13.4 L

RNS Institute of Technology

Karnataka PGCET

₹1.17 L

Welingkar Institute of Management

Not Prescribed

₹13 L

GNIOT Institute of Management Studies

Not Prescribed

₹5.76 L

Dr. D.Y. Patil Institute of Master of Business Administration

MAH CET

CMAT

₹2.12 L

International Institute of Management Studies (IIMS Pune)

Not Prescribed

₹7.9 L

Department of Management Sciences, Pune University (PUMBA)

MAH CET

CMAT

₹1.29 L

GIM – Goa Institute of Management

CMAT

CAT

₹18.07 L

Indian Institute of Management Kashipur

CAT

₹12.26 L

NMIMS School of Business Management, Mumbai

NMAT

₹21.9 L

Indus Business Academy (IBA)

Not Prescribed

₹8.6 L

Loyola Institute of Business Administration

CAT

XAT

₹17.2 L

Jagdish Sheth School of Management

₹14.4 L

IPE Hyderabad – Institute of Public Enterprise

CMAT

CAT

₹8.15 L

T.A. Pai Management Institute (TAPMI)

CAT

XAT

₹16 L

Reva University

Karnataka PGCET

₹1.17 L

ITM Business School, Navi Mumbai

Not Prescribed

₹10.45 L

Administrative Staff College of India

Banjara Hills, Hyderabad

Not Prescribed

₹8 L

IIM Raipur – Indian Institute of Management,Chhattisgarh

CAT

₹13.3 L

Xavier Institute of Management and Research

MAH CET

CMAT

₹5.2 L

JIMS Rohini (PGDM) – Jagan Institute of Management Studies

Not Prescribed

₹8 L

Great Lakes Institute of Management, Chennai

CMAT

CAT

₹13.25 L – 17.25 L

VIT – Vidyalankar Institute of Technology

MAH CET

CMAT

₹3.07 L

RV Institute of Management

CAT

MAT

₹1.17 L

ISTTM Business School

CAT

MAT

₹4.5 L

Terna Global Business School

CAT

MAT

₹6.2 L

Vanguard Business School

CMAT

CAT

₹6.75 L

ISB&M – International School of Business and Media Pune

Not Prescribed

₹11.8 L

Indraprasth Institute of Management

CMAT

CAT

₹5.93 L

Eligibility Requirements for MBA in Finance Specialisation

The eligibility criteria differs in each college. But majority of the top colleges accepting finance specialisation follow the listed eligibility criteria:

  • Graduates with minimum 50% of marks are eligible to apply. 45% for reserved categories and PwD candidates.
  • Students who are in their final year of graduation or those who are awaiting results are also allowed to apply
  • It is set as a mandatory requirement in a majority of the institutions to get through the prescribed entrance exam scores like the CAT, XAT, NMAT by GMAC or the state level exam scores set as a qualification prerequisite by the organisation.

Scope and Job Prospects after MBA in Finance

The economy is on a boom currently and it is constantly fluctuating. Today, the scope of MBA has reached beyond expectations as it is one of the most demanding courses after graduation around the world. Finance plays a crucial role in every kind of organisation no matter the size of the organisation. Every company requires efficient management and financial stability. If you choose to specialise in finance during your MBA, you will study the planning, organisation and control of a business’ financial resources. The course will cover access control, finance, financial accounting, financial analysing, reporting, forecasting, advising organisational performance, mergers, financial acquisitions, financial report analysis, cultural developments, stock market analysis, and so on.

Top Job Prospects after MBA in Finance

  • Business Analyst: Data is used by business analysts to estimate and analyse requirements of the organisation, and make diligent decisions in order to help firms grow.
  • Chief Financial Officer: A company’s financial decisions are monitored and regulated by the chief financial officer. A company’s CFO will handle the important factor of the financial department like fundraising leads, mergers and acquisitions, etc.They will also be responsible for formulating and implementing financial plans as well as optimising returns.
  • Management Consultant: Management consultants plan their financial moves in order to maximise profit and improve efficiency. They are approached for the sound decision-making skills and insights they provide for the betterment of financial performance.
  • Financial Analyst: Financial Analysts are responsible for analysing financial data, creating economic models for decision support, and analysing and interpreting financial data generated by companies. They are responsible for analysing past results, performing variance analysis, identifying trends, and making recommendations for improvements.
  • Investment Banker: An investment banker is in charge of spotting suitable investments, and mergers and acquisitions at a sustainable cost and quality. They play an important role in IPOs, assisting in the decision-making process. They assist with the purchase and sale of businesses, as well as providing investment advice to help acquire funds.
  • Financial Manager: The major task of a financial managers is to put in place substantial economic policies and verify that they are in line with business objectives.
  • Accounting Manager: Accounting Manager needs a thorough awareness of accounting principles . Additionally, his responsibilities will include overseeing the operations of the department, generating accounting information and records, and ensuring that the department’s operations are in line with the organisation’s overall objectives.
  • Treasurer: Treasurers are in charge of cash flow management, the company’s budgeting, and investments, as well as monitoring accounts and budgets, presenting financial statements, financial auditing and reporting, and inventory control.
  • Financial Advisor: Financial advisors do market research, estimate future trends, and manage risk. They also stay up with industry developments in order to assist your clients in making the best financial decisions
  • Equity Analyst: They are in charge of a number of important activities, such as analysing the company’s shares, preparing annual forecasts, etc.

Skill Sets Required for an MBA in Finance

The MBA in Finance specialisation necessitates a strong understanding of the financial theories and an eye for numbers as well as outstanding communication and leadership abilities. The Skill Sets required for this specialty are listed below. Though two years of intense academic experience prepares students with the requisite abilities to address industrial challenges, and are not mandatory, applicants who already possess the following skillsets thrive spectacularly in the financial profession.

  • Candidates must possess strong Analytical Skills
  • They must have a strong knack on Numbers
  • Time Management Skills
  • Business Understanding
  • Teamwork
  • Business Intelligence
  • Interpersonal skills
  • Data Management Skills

Why Pursue an MBA In Finance?

Every business will require cash flow to carry out routine tasks such as payroll processing, investments, funding, etc. An MBA in finance provides candidates a strong knowledge in the area of finance and provides a fundamental curriculum to those interested in financial management, commodity trading, global financial system, share markets etc. When you enrol in an MBA Finance programme, you will acquire financial management skills, investment decision making, forecasting and pricing, all of which will benefit you socially and professionally. Finance is an important factor that contributes to all types of businesses. This specialisation will enable you to contribute effectively to the company’s decision-making. Without any restrictions to a particular domain you’ll be able to work in just about any business’s finance team.

  • An MBA in Finance enhances your reputation by providing you with a solid understanding of how the financial markets work.
  • Finance is a component of everything, thus you have a lot of options when it comes to industries. Finance is essential for every institution to function. You can get your desired job from a wide array of choices
  • Enhance your skills: It will give you professional skills that will help in your growth and development.
  • Develop your business expertise: An MBA is a very versatile degree that gives you business knowledge and adds value to your expertise in dealing with financial matters.
  • Better Remuneration: There has been a wider scope for finance in the recent years with jobs in this discipline assuring better remuneration from the top MNCs. Finance professionals who flourish well have the potential to earn a very decent pay.
  • The rigorous academic experience prepares you to communicate with a wide range of individuals, present complex statistics, and persuade others to accept insights.
  • The advantages, on the other hand, are immeasurable, but the financial sector is one of the most difficult to break into. To succeed, you must keep up with current events and be extremely well-informed. Once you’ve mastered the fundamentals, you’ll be able to handle any difficulty with ease.

Top Recruiters for MBA in Finance Specialisation

CITI Bank

Goldman Sachs

Standard Chartered

Barclays

Sabre Partners

JP Morgan Chase & Co.

RBS

McKinsey & Co.

Kotak Mahindra

Tata Capital

Crisil

Avendus Capital

Deutsche bank

Morgan Stanley

HSBC

American Express

Bain & Company

Boston Consulting

What is Taught in an MBA Finance Specialisation?

An MBA in Finance degree covers a wide range of topics that equips students with all the necessary skills required to meet the challenges to thrive in the financial sector. Listed below are some of the topics covered in the MBA in Finance specialisation.

  • Acquisitions
  • International finance
  • Information Systems for Finance
  • Marketing Concepts
  • Production Management
  • Finance / accounting strategies
  • Securities and Portfolio Management
  • Equity Analysis
  • Understanding and comparing Economics on a regional and international level
  • Institutional Management
  • International Finance
  • Corporate Finance
  • Financial Markets and Institutional Management
  • Macroeconomics
  • Management Quantitative Methods
  • Investment Analysis
  • Cash Flow Management
  • Treasury Administration
  • Direct and indirect taxation
  • Mergers & Acquisitions
  • International laws and national laws
  • Investment strategies

Employment Sectors after Completing MBA in Finance

The employment prospects in the finance specialisation diversify into a lot of sectors and take the core position in a variety of industries, ranging from merchandise production to maintaining the cost and expenses in delivery. Listed below are a few of the sectors where the MBA in Finance has gained utmost importance

Retail Banking

Hedge Fund Management

Finance Accounting

Information Technology

Automobile

Business Analytics

BFSI

Manufacturing

Consulting

Investment Banking

FMCG

Financial Advisory

Commercial and investment banks

Insurance companies

International financial management

Brokerage Insurance

Sales and Trading

Credit Risk Management

Automobile Sector: The automobile sector requires MBA applicants with exceptional communication skills, investment decision-making ability, and the capability of handling a wide array of functions. Finance managers in the automobile business are in charge of managing the responsibilities and risks associated in the industry. This feature is designed to assist users in gaining an overview of all fixed assets and providing accurate periodic depreciation.

Consulting: Financial consultants offer advice and solutions for improving a company’s financial performance, forecasting future trends, analysing changes and making appropriate recommendations, tracking and studying facets affecting economic growth of the organisation, examining industry trends and competition, predicting and mitigating financial risks, and performing cost-cutting assessments and evaluations. Financial consultants might also pursue a career as a freelance consultant.

FMCG: The FMCG industry is extremely competitive, and in the FMCG industry, a finance manager will be an ideal applicant who will be charge of incorporating critical financial strategies to boost short and long-term business profitability by closely monitoring financial overheads and assets, and bills are interpreted and re-evaluated by a finance person in the FMCG sector. MBA candidates must possess strong managerial skills and abilities to face the financial challenges identifying assets with strong financial returns relative to their risks. In the FMCG sector, keeping a close eye on the market and competitors.

Business Analytics:There is a shortage of competent professionals in the field of business analytics, despite the massive requirement for financial insights that boost profitability and efficiency. Organisations have a compelling need to extract useful data from the massive amounts of data that are already available. They are in charge of evaluating finances and other entities, as well as determining an institution’s long-term viability. Business analytics is the process of conducting research to answer specific business problems and forecasting probable economic implications. Analysts must collect, process, and assess financial data from many sources using professional financial business intelligence software in order to make better strategic judgments.

Leave a Comment

Your Mobile number and Email id will not be published. Required fields are marked *

*

*