An MBA in Finance is one of the specialized postgraduate program that focuses on advanced knowledge in the field of financial management, investment analysis, risk management, and corporate finance.
If you are passionate about working as an Investment Banker, Risk Manager, Credit Analyst or a Equity Research Analyst then pursuing MBA in Finance will be the right step towards a good career.
Finance graduates are recognised globally and candidates have opportunities to work for domectic as well as international organizations across various sectors.
Candidates can find jobs opportunities in financial institutions like Banks, NBFC’s, Insurance Companies, consulting firms and Capital Markets companies.
After gaining enough industry experience, finance professionals can also venture into entrepreneurship by starting their wealth management firm, financial consultancy or a fintech related startup.
In this article, we will explore in detail about MBA Finance course including the eligibility criteria, entrance exams, admission process and career prospects.
MBA Finance – A Brief History
Finance is one of the oldest disciplines in the field of management. Until the late 19th century, it was considered as a branch of “Economics”, but later in early 20th century, Finance emerged as a distinct academic discipline.
Finance is not only about work related to banking, but covers a much broader field including investment, budgeting, capital markets, risk management and financial planning.
”The financial management is concerned to the planning and controlling of the financial resources of an industry”.
MBA in Finace – Course Details
The Master of Business Administration (MBA) in Finance is a 2 year’s postgraduate degree that focuses on financial management, investment strategies and corporate fiance.
To get the admission in MBA a candidate must have a graduate degree in any discipline and should have qualified an entrance exam. Below are the key highlights of MBA (Finance) programme:
| MBA Finance | Courses Details |
| MBA Full Form | Master of Business Administration |
| Course Level | Post Graduation Degree |
| Course Duration | Full-time MBA: 2 years Online/ Distance MBA: 1- 2 years Executive MBA: 1 – 1.5 year Integrated MBA: 5 years |
| Course Types | Full-Time MBA, Part-Time MBA, Distance MBA, Executive MBA, Online MBA, and Integrated MBA |
| Course Fees | INR 2 Lakh – INR 30 Lakh (varies with university) |
| Admission Process | Entrance Exam + Group Discussion + Personal Interview |
| Eligibility Criteria | UG degree in any discipline |
| MBA Entrance Exams | CAT, CMAT, XAT, GMAT, etc. |
| Top Colleges | IIM Ahmedabad, IIM Bangalore, IIM Kozhikode, IIT Delhi etc. |
| MBA Jobs | Finance Managers, Marketing Managers, Sales Managers, Human Resources Managers, etc. |
| MBA Salary | INR 5 LPA – INR 25 LPA |
| MBA Top Recruiters | Deloitte, PwC, Boston Consulting Group, McKinsey, Bain & Co, Morgan Stanley, Citibank, HDFC Bank, JP Morgan |
The course curriculum of MBA (Finance) covers financial accounting, business communication, marketing management, financial markets and Institutions, cost accounting, merger & acqisitions, wealth management and various other management subjects.
In addition to this, candidates have to undergo mandatory summer internships and industry project . In this course, the students are offered the knowledge and skills of analytical thinking, continuous process, concept of managerial decision, maintaining balance between risk & profitability, coordination process and centralized nature.
MBA Finance is a popular choice among students with a commerce background, especially, BBA or B.Com graduates, as they have a solid foundation in finance, accounting, and related fields.
But, these days MBA in finance also attracts students have science or arts background especially B.Tech, B.Sc, B.A. graduates. Candidates can pursue MBA in finance after the completing UG degree in Engineering, Medical, science, art and humanities.
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Popular Finance Courses
Some of the popular finance courses are:
- MBA in Finance
- Chartered Financial Analyst (CFA)
- Certified Public Accountant (CPA)
- Financial Risk Manager (FRM)
- Chartered Accountant (CA)
- Company Secretary (CS)
- Certified Management Accountant (CMA)
- Diploma in Banking and Finance
- Post Graduate Diploma in Financial Management (PGDFM)
- Certificate in Investment Banking
- Financial Modelling & Valuation Course
- CFP (Certified Financial Planner)
Also Check – Management Courses After 12th
Eligibility Criteria
For admission to the MBA (Finance) program, candidates have to meet the below mentioned eligibility conditions:
- Candidates must have a bachelor’s degree in any discipline with at least 50% marks (45% for reserved category candidates).
- Candidates must qualify national or state-level MBA entrance exams such as CAT, GMAT, XAT, MAT, CMAT, NMAT, or SNAP.
- For executive MBA programs, work experience of 1-3 years is often preferred by various universities or b-schools.
- Their is no age limit for admission to regular MBA programs, while some executive MBA programs might have age limit restrictions.
Apart from the eligibility criteria discussed above, candidates have to meet any university specific eligibility for admission to their MBA or PGDM programs.
Benefits of MBA in Finance course
- You can initially join as a trainee or finance manager in various companies including Banks, NBFC, Consulting, Wealth Management or Capital Market firm.
- Finance professionals are very high in demand across sector both in India and Abroad.
- Finance offers some of the highest salaries among the other MBA specialization, especially the graduates of the top B-schools.
- With a solid business understanding, one can pursue entrepreneurship as a career, after gaining enough industry experience.
Admission Process
Candidates can get admission in MBA programmes on the basis of entrance examinations conducted at national or university level. The admission process involves qualifying entrance exams, followed by counselling and interview process.
Some of the popular entrance exams are CAT, MAT, GMAT, XAT, SNAP etc. Some top private universities like XLRI, jamshedpur, Symbiosis University, NMIMS University conducts their university specific entrance exams for admission to their MBA courses.
You may also check the following Examinations offering the MBA programmes:
Candidates can also pursue MBA in finance through the distance learning programme. Some of the universities like Sikkim Manipal University and Indira Gandhi National Open University (IGNOU 2025) are offering the distance MBA programme.
Top Colleges in India 2025-26
Top colleges offering MBA in Finance course are listed here:
| Institute | State | Rank |
| Indian Institute of Management Ahmedabad | Gujarat | 1 |
| Indian Institute of Management Bangalore | Karnataka | 2 |
| Indian Institute of Management Kozhikode | Kerala | 3 |
| Indian Institute of Technology, Delhi | Delhi | 4 |
| Indian Institute of Management Calcutta | West Bengal | 5 |
| Indian Institute of Management, Mumbai | Maharashtra | 6 |
| Indian Institute of Management Lucknow | Uttar Pradesh | 7 |
| Indian Institute of Management Indore | Madhya Pradesh | 8 |
| XLRI – Xavier School of Management | Jharkhand | 9 |
| Indian Institute of Technology Bombay | Maharashtra | 10 |
Jobs & Career
“There are lots of job opportunities offered to the MBA (Finance) graduates in public as well as private sector”.
Finance professionals can work in banking as well as non-banking sectors. In corporate sector, they play key role in financial planning, budgeting, investment analysis and starategic decision making.
Candidates have lots of options and they can choose to work in companies related to capital markets, Insurance, wealth management, Fintech, Banking and consulting.
As a finance professional you can also work in the public sector as many PSU’s (ONGC, NTPC, IOCL) recruit graduates from the finance domain. As a finance professional, you can play the role of following job positions:
- Financial Analyst
- Investment Banker
- Financial Planner
- Risk Manager
- Corporate Finance Manager
- Portfolio Manager
- Credit Analyst
- Treasury Manager
- FinTech Analyst
- Equity Research Analyst
- Tax Consultant
- Auditor
- Budget Analyst
- Wealth Manager
Top Recruiters
The top recruiters for MBA finance among all are as the following:
- Goldman Sachs
- Morgan Stanley
- Merrill Lynch
- Bain & Co
- Boston Consulting Group
- Lehman Brothers
- JP Morgan
- Deutsche Bank
- McKinsey
- PwC
- HDFC Bank
- Tata Capital
- Deloitte
- KPMG
- BlackRock
- Barclays
- Citibank
- E&Y
Salary Packages
“Finance graduates are among the top paid professionals in India and abroad”
One of the key reason that finance sector attracts most of the young aspirants because of its high earning potential.
The top b-schools graduates recieve very high salary packages offered by many MNC’s, Banks, and wealth management companies.
The salary of a management professional also vary based on several factors like experience, job profile, company and skillset.
The salary of MBA graduates, from the tier 1 institution like IIMs, IITs, XLRI, MDI Gurgaon may range between ₹10,00,000 to ₹25,00,000 per annum.
Candidates graduating from tier 2 institution are offered salary packages in the range ₹7,00,000 to ₹15,00,000 per annum.
Candidates having prior work experience may qualify for mid-to-senior management roles after completing MBA or PG management program in Finance, with packages that can reach or exceed ₹20,00,000 per annum or more.
Books & Study Materials
Here we are providing a list of most popular books to study MBA in Finance:
- The Intelligent Investor by Benjamin Graham, Jason Zweig, and Warren E. Buffet
- The Five Rules for Successful Stock Investing by Pat Dorsey and Joe Mansueto
- Common Stocks and Uncommon Profits and Other Writings by Philip A. Fisher and Kenneth L. Fisher
- Interpretation and Application of Generally Accepted Accounting Principles by Steven M. Bragg
- Competitive Strategy: Techniques for Analyzing Industries and Competitors by Michael E. Porter
- Best Practices for Equity Research Analysts by James J. Valentine
FAQ’s
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