MBA in Finance in India

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MBA in Finance in India is a 2-year Post-graduate program for enhanced learning of Finance and Transaction which deals with profit, expenses, capital management, and cash flow. The course provides deep learning and opportunities in this domain by enhancing basic skills during the course. Our Country Bharat (or India) has many Private Universities, State University as well and Central Universities offering Finance as a specialization in the Master of Business Administration program for students with better facilities and well-organized curricula designed by keeping in mind today’s world requirements and needs, which helps to grow in career and advancing in life to achieve all goals.

These Universities offer MBA in Finance courses which have been monitored, and regulated, and all the standards maintained by a government body named University Grants Commission (UGC) under the Department of Higher Education, Ministry of Education, Government of India, which is set up in accordance to the UGC Act 1956 having an autonomous institute The National Assessment and Accreditation Council (NAAC) established in 1994 which access and accredit these Higher Education Institute (HEIs) and, mandate quality and standards.

History of MBA in Finance

The word Finance comes from the French word finances which means money, revenue, resource or pay. There is no evidence about the origin, it may be from the start of the civilization. Finance as a Course is introduced in the early 1900s by Pennsylvania’s Wharton School but not as a regular course. The first time Finance was considered a regular Finance course was in 1920 by the University of Michigan. Afterwards, MBA in Finance becomes one of the major specializations all over the world.

Top Colleges for Finance in India

Indian Institute of Management (IIMs):-

Indian Institute of Management (IIMs) are India’s top Management Business School in India that offers an MBA in Finance course which is established by the government, based on the recommendation of the Planning Commission of India, which offers 2-year MBA program in Finance fees is about 21 to 27 Lakhs for 2-year post-graduate program depending upon Institute and specialization.

UniversityEstablishedTution Fees+Hostel Charges
IIM Calcutta1961INR 27L
IIM Ahmedabad1961INR 19L
IIM Bangalore1973INR 25L
IIM Lucknow1984INR 21L
IIM Indore1996INR 22L
IIM Kozhikode1996INR 21L
IIM Shillong2007INR 13L
IIM Raipur2010INR 16L
IIM Ranchi2010INR 18L
IIM Rohtak2010INR 20L
IIM Kashipur2011INR 19L
IIM Tiruchirappalli2011INR 20L
IIM Udaipur2011INR 21L
IIM Amritsar2015INR 18L
IIM Bodh Gaya2015INR 17L
IIM Nagpur2015INR 18L
IIM Sambalpur2015INR 18L
IIM Sirmaur2015INR 16L
IIM Vishakhapatnam2015INR 18L
IIM Jammu2016INR 18L
IIM Mumbai2023INR 21L

There are several other Central and state government-owned Universities, IITs, and NITs which provide degree in MBA in Finance by entrance exams.

Private University:-

There are several privately UGC recognized Universities with better infrastructure, tools, facilities, and professional professors, that provide MBA in Finance courses in India which include top Universities such as:

Symbosis Institute of Business Management17Maharashtra
SVKM’s Narsee Monjee Institute of Management Studies21Maharashtra
Amity University28Uttar Pradesh
Amrita Vishwa Vidyapeetham30Tamil Nadu
Lovely Professional University32Punjab
Chandigarh University36Punjab
Anna University49Tamil Nadu
Graphic Era University65Uttarakhand
Manipal University Jaipur79Rajasthan
Jain University85Karnataka
Uttaranchal UniversityNAUttarakhand

There are also several other Universities providing MBA in Finance courses in India, and all these universities are UGC recognized as having good NAAC ratings with good facilities, professors, teaching tools and technology.

Types of mode for pursue MBA in Finance in India

MBA in Finance is also categorized depending upon the mode of education, which includes:

Regular Mode:

Regular MBA in Finance Courses are offered by a wide variety of Universities and Institutions that offer regular 2-year post-graduate courses, divided into four to six semesters in MBA, they provide placement in top companies across the world having an average cost of pursuing a regular MBA in Finance in India is INR 5LPA, It varies depending upon University and Institute.

Distance Mode:

By visualizing market demand many University provides distance courses in MBA in Finance in India which is designed to provide ease to working professionals to seek an MBA in Finance degree along with Jobs to grow in career and achieve life goals having pursuing cost is around INR 2LPA in India.

Online Mode:

With developing technology and necessity there is upgradation in the Education system for society’s betterment, mainly after Covid-19, Online Course grabs attention and its demand leads many top universities in India to provide Online MBA in Finance courses which makes it easy for working professionals and remote students to seek MBA degree with the help of technology and an Internet connection in affordable cost having average cost is about 75,000 in India. Online Universities offering MBA in Finance in India are:

UniversityOnline ModeFees
Lovely Professional University, PunjabLPUOnline1,60,000
Manipal University Jaipur, RajasthanOnlineMANIPALINR 1,75,000
Jain University, KarnatakaJAINOnlineINR 1,50,000
Uttaranchal University, UttarakhandOnlineUUINR 80,000

LPU Online: Lovely Professional University situated in Punjab, provides online courses in MBA in Finance in India with the help of its Online platform named LPUOnline, which allows students to learn through online mode.

JAIN Online: Jain University situated in Karnataka, provides online courses in MBA in Finance in India with the help of its Online platform named JAINOnline, which allows students to learn through online mode.

Online Manipal: Manipal University Jaipur and Sikkim Manipal University provide online courses in MBA in Finance in India with the help of its Online platform named onlineMANIPAL, which allows students to learn through online mode.

Online UU: Uttaranchal University, Uttarakhand provides an online course in MBA in Finance in India with the help of its Online platform named OnlineUU, which allows students to learn through online mode.

MBA in Finance Fees

1. Finance course Fees depend upon the choice of University and Learning Medium.

2. Pursuing a full-time MBA in Finance in India is between 2,00,000 INR to 25,00,000 INR depending upon the Institute or University.

3. Fees for pursuing a part-time MBA in Finance in India are in the range of 40,000 INR to 1,50,000 INR depending upon the Institution’s choice.

4.  While pursuing an Online distance learning MBA in Finance in India course fee is in the range of 30,000 INR to 2,50,000 INR according to the enrolled University.

Admission Criteria

  • In India, there are different methods and entrance exams of admission in the different Universities and Institutions, but the basic eligibility is Student must have a minimum of three years of Bachelor’s degree from any UGC recognized University with a minimum of 50% marks (45% for SC/ST/OBC/PH/Others) for pursuing MBA in Finance in India based on entrance exam and interviews or can take direct admission also.

Admission Process in MBA Finance

There are two modes to take admission for pursuing an Online MBA in Finance, i.e. Offline mode and Online mode

Offline mode

Students who want to seek a degree of MBA in Finance have to go to the University and enrol with all the required documents which include a graduation Marksheet, Intermediate degree certificate, transfer certificate, migration certificate, aadhar card, and other necessary documents.

Online mode

Easy and flexible process, students do not need to present at any Institute or University, they just have to go to the University website, fill out the application form on the portal, select MBA in Finance and upload all the necessary documents along with it.

Popular Exams for admission in Top Universities in India

CAT (Common Admission Test)

It is a very famous MBA in Finance entrance exam in India conducted by the Indian Institutes of Management, which notification comes in the month of July-August for admission in top universities based on the result of this examination.

GMAT (Graduate Management Admission Test)

Graduate Management Admission Council conduct the Graduate Management Admission Test for admission to an MBA in Finance for national and foreign institutes where Candidates can appear 5 times a year for this test.

XAT (Xavier Aptitude Test)

Xavier School of Management, Jamshedpur conducts the XAT exam in January for admission to an MBA in Finance, which is accepted in many management universities and institutes.

MAT (Management Aptitude Test)

All India Management Association conduct the popular national-level entrance exam MAT for admission to an MBA in Finance in different Management institutions and Universities across India which is conducted 4 times in a year, i.e. February, May, September and December.

CMAT (Common Management Admission Test)

National Testing Agency conducts a popular national entrance test CMAT for admission to top Universities in April for pursuing an MBA in Finance.

Syllabus of MBA in Finance


·         Financial Accounting

·         Business Communication

·         Marketing Management

·         Managerial Economics

·         Corporate Finance

·         Operations Management

·         Professional Management

·         Business Analytics

·         Business Laws

·         Human Resource Management

·         Macroeconomics

·         Entrepreneurship

·         Elective-I

·         Elective-II


·         Conflict Resolution and Management

·         Strategy Management

·         International Management

·         Elective-III

·         Elective-IV

·         Open Elective-I

·         Seminar or Summer Training

·         Professional Ethics

·         Brand Management

·         Management in Action Social Economics and Ethical Issues

·         Elective-V

·         Elective-VI

·         Open Elective-II

·         Project Work

Elective subjects are classified according to specialization choice.

Open electives are chosen by students according to personal interests.


·         Management Information System

·         Legal Aspects of Business

·         Security Analysis and Portfolio Management

·         Mergers and Acquisitions

·         Taxation Management

·         Internal Audit and Control

·         International Finance Management

·         Banking and Financial Services

·         Insurance and Risk Management

·         Financial Analytics

Books for MBA in Finance in India

1. International Taxation in a Nutshell by Richard L. Doernberg

2. Applied Corporate Finance by Awath Damodaran

3. Investment Banking: Valuation, Leveraged Buyouts, and Mergers and Acquisitions by Joshua Rosenbaum and Joshua Pearl’s book

4. Security Analysis by Benjamin Graham and David Dodd

5. Supply Chain Management by Sunil Chopra and Peter Meindl

6. Excel Bible by John Walkenbach

Why choose MBA in Finance in India?

✔ Managerial Skill: The MBA in Finance course includes such Business planning, decision-making, problem-solving, communication, delegation and time management which allows for working effectively in an organisation.

✔ Analytical Skill: Different tools and techniques are required for market analysis and market knowledge which allows growth and enhancement in the market which is fulfilled during the MBA in Finance course.

✔ Financial Modelling: Finance develops the ability to create an organisation’s financial model to present and forecast a company’s performance and its future.

Scope of MBA in Finance in India

• Financial Analyst: Every organization requires an analyst who can help to improve the profit of the organization by analysing market demand and various data to increase production more and more, MBA in Finance helps to acquire these skills.

• Accounts Management: MBA in Finance gives basic ideas about present and future development in an organization, as we know finance is the motive of any firm it includes many data that needs to be managed accordingly.

• Banking: Banks only deal with finance, investment, account management, how to grow, and huge financial calculations pursuing an MBA in Finance it help in the banking sector all over the world.

• Corporate Sector: MBA in Finance has huge demand in the corporate sector because it runs to make profit more and more in a competitive world.

Salary of MBA in Finance in India

MBA in Finance opens opportunities in various sectors and organizations in different professions. The average salary after MBA in Finance in India is around INR 13LPA which varies according to job role and working position

Other Specialization of MBA

General ManagementHuman Resource ManagementInternational Business
FinanceBusiness Intelligence And AnalyticsInternational Finance
MarketingEntrepreneurship And LeadershipOperation Management
Data ScienceInformation Technology ManagementProject Management
EconomicsSupply Chain ManagementDigital Marketing
FinTechHealthcare ManagementBlockchain Management


MBA in Finance course provides a wide variety of career opportunities, and deep subject knowledge which helps for working in both the public as well as private sectors. This article helps to inform students about MBA in Finance courses, and universities, and their benefits in different sectors and organizations. MBA in Finance Program has better present and future scope all over the world within top organizations and helps in financial growth, skills, and many more.

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