MBA in Finance: Admission, Top Colleges, Fees, Career Prospects

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 finance

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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 FinanceCourses Details
MBA Full FormMaster of Business Administration
Course LevelPost Graduation Degree
Course DurationFull-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 FeesINR 2 Lakh – INR 30 Lakh (varies with university)
Admission Process Entrance Exam + Group Discussion + Personal Interview
Eligibility CriteriaUG degree in any discipline
MBA Entrance Exams CAT, CMAT, XAT, GMAT, etc.
Top Colleges IIM Ahmedabad, IIM Bangalore, IIM Kozhikode, IIT Delhi etc.
MBA JobsFinance 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 Chase etc.You can choose the one of your favorites and interested specialization out of the finance, marketing, HR, Operation etc.

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.

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:

InstituteStateRank
Indian Institute of Management AhmedabadGujarat1
Indian Institute of Management BangaloreKarnataka2
Indian Institute of Management KozhikodeKerala3
Indian Institute of Technology, DelhiDelhi4
Indian Institute of Management CalcuttaWest Bengal5
Indian Institute of Management, MumbaiMaharashtra6
Indian Institute of Management LucknowUttar Pradesh7
Indian Institute of Management IndoreMadhya Pradesh8
XLRI – Xavier School of ManagementJharkhand9
Indian Institute of Technology BombayMaharashtra10

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

For any other queries about MBA in Finance, you can ask us by leaving your queries below in the comment box.

597 Comments

    1. You can go for any graduation program. But having B.Com will help you in basic understanding of accounting, business and various other financial subjects.

  1. I completed BA history through distance education. Now am interested to do MBA in finance and accounting.i had learnt tally and Ms excel and 2yrs work experience too. Is it easy for me to do MBA in finance and accounting in abroad. And am a science student in 12th Std. Is this course have scope?

    1. Yes, this course is highly recommended, especially if you want to make a career in corporate sector in domains like banking, Insurance, Capital markets and wealth management.

  2. Hi , I have done Bcom from distance and currently employed . I m interested in MBA (FINANCE) , Is there any other option apart from Distance MBA which I can go as I want to continue my job?

    1. Executive MBA is a good option for working professional who are looking to enhance their skills and advance their careers without taking a break from work.

  3. sir, currently i am working in Aye finance service limited as a post of loan advisor and i am plaining to do mba. pls suggest which subject is beter for me…?

    1. Since you already have experience in NBFC as a loan advisor, an executive MBA in Finance can be a good option for you.

  4. I’m age of 30yrs old and now i studying in mba in finance jspm college i want to join fis global solution company my question is What course do I need to do? For selecting

  5. Hello sir
    I am persuing MBA in finance but I want to do the internship or job in finance pls suggest me the co. Who provides these kind of opportunities
    Thamks .

  6. I completed my bba in finance and iam interested in finance but iam not very good with balance and all deep bcom things. I more interested in stock market, economic .
    So, will it be good for me to take finance in mba

  7. Hi , I have done Bcom from distance and currently employed . I m interested in MBA (FINANCE) , Is there any other option apart from Distance MBA which I can go as I want to continue my job?

  8. Hello sir,
    I am currently pursuing MBA in finance I have went through this article please can u tell me from where I can get this books of finance like any store or online please sir let me know.
    Thanking You

  9. I am a post graduate (M.Sc)in computer science passed out in the year 2014 and not working and now I am planning to do MBA in finance.

    I hold a Bachelor’s degree in science with not good marks and one year gap.

    What are my chances of getting a seat in best college and the investment to be done till I complete ma MBA (if selected) and the age factor and what is the procedure.

    Waiting for reply.

    Thanks.

  10. Hi,

    I have recently completed my MBA in finance from IGNOU. I have technical work experience but I think that might not be counted for a jod profile related to finance. Moreover I have read several blogs that, companies do not prefer distance degree MBA’s. I want to know that if this is true and if yes, what additional knowledge/ skills/ certification I can aquire to be at par with the industry standards?

    1. The best for you is to gain some experience in the Finance field. look for a job in the finance related field, once you have the experience you can apply in Big companies.

    2. The best for you is to gain some experience in the Finance field. look for a job in the finance related field, once you have the experience you can apply in Big companies.

  11. respected sir/mam ,
    i want to do corporate law so can u suggest me the best colleges in delhi for doing integrated BBA LLB(H)

  12. Sir I m in bsc 2nd year in chem honours and I want to do mba…which mba i should choose…Nd is there any clg which pursue mba between 1-3 lakh or any university that pursuing mba..is finance will be a good option..

  13. Sir,
    I have completed MBA Finance and worked as an accountant for 1yr.
    i m not interested in accounting field.
    Plz suggest which jobs are suitable for me.
    i required some course institutes (placements should be there)

  14. sir I have completed graduation this year
    I do want MBA in that year
    but I have no total marks of graduation buzz mene Bake exam diya hai
    to MAT ka form appearing m daalu ya jo bake exam se phle ka total tha wohi fill Karen

  15. I’m a B.com(hons) graduate nd completed my Llb. I want to do MBA. Will it raised my career growth as salary package in law firm is too low. Will it a good option for my career and which specialisation of mba will help me?

  16. is every entrance exam is compulsory to be given nd is it is conducted in Mumbai or not
    and if all entrance exam is no compulsory so which is best one to be given which is conducted in Mumbai
    plzzzzz reply
    I m totally confused
    thanks

  17. Dear sir…I am working at punjab national bank as a clerk..may be after 1year i’ll be officer.But i want to do MBA.my 10th 12th and graduation percentile was around 70%.So selection in IIM is far away.

  18. I m currently doing MBA(1st year ) , its time to choose specialization and my clg give dual specialization n I also want to do it. I took major as a marketing bt m confuse to which minor should I take.
    I my clg marketing ,operations, finance,hr this 4 courses are provides,
    I did my BE in mechanical engg.
    So what should I do ?

    1. you can choose operations as this is related to complete industrial process and this is somewhat related to your field of study (BE).

  19. Presently I m perusing bsc in chem..n this is my third year …I have decided to do mba in pharmaceutical..but my dad wants me to do mba on finance or HR so which would be best for me among these …or other from these……

    1. MBA in Pharma is best because of your core study. In finance and HR you have to face competition for job with commerce and arts students.

  20. I m doing my 12th?
    I just wanted to knw how can I do MBA in finance without doing any graduation course , and I even want to knw being a commerce student should I prefer MBA in finance or any other? and what exactly abt CAT exams?

  21. Hi,
    I am BAF graduate and now i’m preparing for my MBA entrance.

    i too want to do MBA in finance, but many people says its not that easy , you should be thorough with share market ,etc
    and you should have many certified degree like FRM ,CFM etc.

    so I just want to know as fresher and to get in any of B-schools, is this all required???

    If yes, then which will easy certificate I can get?? as I don’t want to waste any of the time..

    1. No, It is not as you said. You must be graduate only to avail the MBA in finance. Wish to get B-School? then go for CAT or MAT exam.

  22. Hi, i am B.Tech(ECE)graduate.i have 2 years exp. in technical field now am planing for MBA. So plz suggest me which MBA stream can be good for me as a good career option.I want to do MBA from distance so is it right choice…???

  23. am pursuing MBA Finance.i would like enter in banking sector.i need suggestions on banking sector..on what i have to concentrate more

  24. hi sir this is syam i completed my Mba Fiance, now iam working as a accountant, i want to settle in software side, please help me, which type of course need to me.

    1. it is depend on your academia of UG. If you had a technical background then you can go for higher education in that and can get your goal.

  25. Hi.,

    I am Aadil i have completed my BSC chemistry in 2014 and currently i am working in BPO (Finance and accounting) in Tcs. I have planned to go for MBA. What will be good for me.

    PLease need assistance

    AADIL

  26. Sir
    I have just above 55% in 12th I’m doing graduation
    Out of my 6 semester if my score is above 60 % in 4 semesters then I Will be able to criteria of MBA

  27. Sir
    I have just above 55% in 12th I’m doing graduation
    Out of my 6 semester if my score is above 60 % in 4 semesters then I Will be able to criteria of MBA admission exams

  28. sir,i have completed my bechlor of engg(industrial engg & Mngt) & now i am pursuing MBA(finance) final year.plz guide me the better career option.certificate course karna chahta hu jo meri job me helpfull ho.

  29. Hi ..I’m manohar ..I have done mda..so I’m searching for job..so plse tell me which role is the best in job…

  30. Hello sir,
    I have completed MBA in finance n marketing I want to become a finance job holder but I’m BSc background I didn’t learn any type of tally etc.. even i dont have finance knowledge as a bcom students what should I do now plz suggest me

    1. If you want to make your career in the Finance field, then you must have good command in Finance & accounting. You should look to gain some experience by working in a Finance & accounting firm. That will help you in future recruitment process.

  31. I want to do mba but what should I choose marketing or in finance im a accounting and finance student right now and im a average student which field should I get in

  32. iam BCA final year student.i want to interest with MBA degree
    but i have confusen.which subject to choose.iam just confused
    to more….iam just bad in english knowledge…given help

  33. Hi Sir,
    I am a b.com grad and have 3+yrs of experience into MIS and Data Analytics. I’ve taken admission for 3yrs part time MFM from MET. Will it be helpful for enhancing my career or getting a job in financial sector.

    Thanks

  34. I am doing b.tech from mechanical engineering and i want to do mba from Finance through a reputated collage.
    Please give valuable opinion & suggestions.

  35. AIR I AM MD SHAMSHAD ALAM PURSUING MBA FROM ALIGARH MUSLIM UNIVERSITY ALIGARH UTTAR PRADESH I AM A HANDICAP STUDENT SO PLEASE SUGGEST ME WHAT TO DO AFTER MBA THER IS ANY GOVERNMENT JOB OPPORTUNITIES

  36. hi sir
    I have done B.A and working in mnc as a credit assessment officer. i have a 6 years experience in mnc. i want to do MBA in Finance would it help to build my career.sir pls suggest good college

  37. Sir I hv completed my graduation in BSC mathematics & statistics in 2013 & now doing MBA. I am confused about specialization, I want to do MBA in finance.I have 2 years of experience in marketing

  38. Hi,i have done B.A. & have 7 yrs of working exp. in ITES field. Now I am doing MBA Executive and have to select major from finance or Marketing. I want to get into higher management as well as i have future plans for my own startup. I dont know what will be best for me as per my plan. Need ur guidance.

  39. Sir, i have taken biology, maths, physicsand chemistry in 12th std and completed BHMS ( bachlor in homoeopathic medicine and surgery) degree which is a 5 and half hear course. I would like to do MBA for better career options. Is this decision a good one for me? If yes what specializatiin should i choose? I have no knowledge in commerce or financial aspects. If i complete my MBA will i get a good job with this background? Please help me?

  40. Hello sir, I am a physiotherapist(BPT) completed in 2006.I did my 12th with pcb.
    1. which branch of mba should i pursue. I am ok with changing my career too but pls suggest the best branch which is in high demand and good for me and why it would be good for me.

    2. can i do mba finance? or mba hr? or any other?
    should i go for a regular 2 year course or which type of mode should i opt for?

    3. pls suggest name of college and if any entrance test are required or i can directly pursue the course? I have no idea about it. Plss help..

    Thanks

  41. my self reshma, just completed my graduation looking for ibps so my i want to knw more about banking competitive exam will u plz guide me…i exactly want to knw difference between SBI po or clerk exam nd IBPS EXAM …will u plz plz elaborate

  42. hi sir, can u tell me plzz i completed b. com almost at ccs university but b. com 2nd year qualifiying subject is my back so how is possible my admission in mba in uptu plz sir help me i waiting my final year result nd back result also

  43. Hello sir , as Iam from science background I did my bbm from marketing background because college provided only marketing and I want to make my career in finance please suggest me best option for doing mba in finance is it good for my career.
    Waiting for your valuable suggestions. …….

  44. Dear sir,
    I complete my graduation in commerce and now i currently do mba part tym and now in july my 2nd year specialisation has to be started. I have working experience as a accounatant from last 2 and 7 month than it is better to chhose finance as a specialisation actually my experoence is give me better opportunuty yanog i geeting totally confused.

  45. Sir recently I passed b.com final exam I want to do MBA in finance but I want to do in distance learning which open university have a scop to do job after completing MBA with out any problem plz suggest me some advice

  46. iam doing my b.com degree.i want to do mba,i want to know the percentage that they required

  47. I have done MBA fiance & hr, Mcom & MA eco and have a 3.5 yrs of exp in payable and holding a post of finance executive. i have also done diploma cousre in taxation and risk management .i just want to share my feeling that MBA student are always compared with CA. i just want that which field is more future oriented for me .plzz guide me.

    1. you have earned good courses now try to find the stable platform in your field. Good company or employer may effect your sustainability in career.

  48. hello right now i m doing MBA.my specialization is finance for MBA. for summer internship i have to choose particular one sector for my internship. so now i m very confused confused to choose the sector for internship and also i don’t know about there are many sectors for finance for job…so please guide me…for each sector and also guide me for what are the advantages and disadvantages of each sector.. and please aware me for each sector and tell me what i have to do..

    i m waiting for your response.
    Thank you..

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