MBA in Finance: Know Everything About Best Colleges, Fees, Syllabus, Entrance Exams, Eligibility, & Job Opportunities!

Do you want to pursue an MBA in Finance? Look no further. You may find a ton of no-nonsense and thought-provoking advice for an MBA here & there, but you will need to know these nondescript details too. Most sources will miss these as too common.

Enrolling in an MBA Finance program is a strategic move in today’s business landscape. This two-year postgraduate degree delves deep into financial management principles, investment analysis, and decision-making strategies crucial for organizational success. The program caters to aspiring professionals eyeing roles in banking, investment management, corporate finance, and financial consulting.

MBA Finance equips students with a holistic understanding of financial concepts and practical skills vital for leadership positions within the finance industry. The surge in demand for finance specialists underscores the program’s relevance and the wide-ranging career opportunities it unlocks. As businesses navigate complex financial landscapes, candidates with an MBA in Finance stand out for their expertise and strategic acumen, making them invaluable assets in driving financial success.

By blending theoretical knowledge with real-world applications, MBA Finance programs prepare students to tackle the challenges of today’s dynamic financial environments. Graduates emerge well-equipped to analyze financial data, make informed investment decisions, and steer organizations toward sustainable growth and profitability.

Ready to explore further? Come along…

MBA in Finance Course Details 

MBA Finance is a 2-year postgraduate program focused on finance management. It covers subjects like Portfolio Management and Risk Management. Admission is based on entrance exams like CAT and XAT. Graduates can expect salaries ranging from INR 4 to 10 Lakh with top recruiters.

Here’s an overview of the MBA in Finance Course: 

Particulars	Details
Course Name	MBA in Finance
Course Level	Postgraduate
Duration	2 years
Eligibility Criteria	Bachelor’s degree (50% marks)
Admission Criteria 2024	Entrance-based
MBA in Finance Course Fees	INR 1.4 Lakh – INR 23.9 Lakh
Entrance Exams	CAT, XAT, NMAT, MAT, SNAP, CMAT
Main Subjects	Portfolio Management, Risk Management
Average Salary	INR 4 Lakh – INR 10 Lakh
Top Recruiters	KPMG, HDFC, ICICI Bank, J P Morgan; among others

Must read: MBA Course in India & Top MBA Specializations in 2024

Eligibility of Studying MBA Finance Course

MBA in Finance can pave the way for exciting career opportunities in the world of business, finance, and management. However, before diving into this enriching journey, understanding the eligibility criteria is crucial.

So, here you go: 

1. Bachelor’s Degree: Applicants must hold a bachelor’s degree in any discipline from a recognized university or college, with a minimum of 50% marks or an equivalent CGPA.
2. Aggregate Score Requirement: Some top MBA finance colleges may require a higher aggregate score, often exceeding 80%.
3. Relaxation for Specific Categories: Students from SC/ST/PWD backgrounds are eligible for a relaxation of 5% in the minimum percentage requirement.
4. Final Year Candidates: Those in their final year of undergraduate studies can also apply, provided they furnish a no-objection certificate from their college.
5. Work Experience: Certain prestigious institutions like top IIMs, Harvard, and LBS may prefer candidates with 1-2 years of work experience in finance, banking, or accounting.

The eligibility criteria vary with colleges and the different entrance exams that they accept. However, the general trend is a graduation in any discipline. For exam-wise eligibility, check this page.

Best MBA Finance Colleges in India

Following are some of the MBA in finance colleges in India: 

College Name	Entrance Exams Accepted
SP Jain Institute of Management and Research	CAT, GMAT
Narsee Monjee Institute of Management Studies	NMAT by GMAC
KJ Somaiya Institute of Management Studies	CAT, CMAT
Lal Bahadur Shastri Institute of Management (LBSIM)	CAT, GMAT
Xavier Institute of Social Service (XISS)	CAT, CMAT, XAT, MAT, ATMA
International School of Business & Media (ISB&M)	CAT, CMAT, XAT, MAT, ATMA
National Institute of Bank Management	CAT, MAT, CMAT
Institute of Public Enterprise (IPE)	CAT, XAT, GMAT, MAT, ATMA, CMAT
SCMS School of Business	CAT, MAT, XAT, ATMA, CMAT, KMAT Kerala
MIT-SOB: MIT School of Business	CAT, MAT, XAT, MAH-CET, CMAT

Student also, read: Best MBA Colleges in India If you still need help in selecting the right college, why don’t you reach out to our expert career counselors. If you are looking for expert guidance in Kolkata, check out – Career Counselling in Kolkata.

Syllabus of MBA Finance

Below is the syllabus of MBA Finance along with elective subjects: 

MBA Finance Subjects: First Year
Semester I	Semester II
Micro Economics	Financial Modeling
Corporate Social Responsibility	Supply Chain Management
Principles of Accounting	Business Intelligence
Principles of Marketing Management	Strategic Management
Tools and Frameworks for Decision-Making	Managerial Economics
Quantitative Methods and Statistics	Marketing Research
Business Communication And Soft skills	Corporate Governance and Business Ethics
Organizational Behaviour-1	Corporate Finance-2
MBA Finance Subjects: Second Year
Semester III	Semester IV
Macro Economics	Internship Projects
Business Law	Project Submissions
Operations Management	Organization Behaviour-2
Corporate Management	Marketing Management
Optimization and Project Research	Project Management

Elective Subjects you will be required to opt in MBA finance: 

• Business Analysis & Valuation
• Credit Risk Management
• Market Risk Management
• Mergers, Acquisitions, and Corporate
• Operational Risk Management
• Security Analysis & Portfolio Management 
• Venture Capital & Private Equity

Career Opportunities after MBA in Finance

MBA Finance offers a diverse range of career opportunities in the Banking, Financial Services, and Insurance (BFSI) sectors. Graduates can explore roles in corporate finance, insurance, financial planning, banking, accounting, taxation, and more.

Job Opportunities in MBA Finance

Here are some of the roles along with their average salary: 

• Financial Analysts: Assess financial health, average salary of INR 4.22 LPA.
• Finance Managers: Oversee financial health, decisions, and average salary INR 9.80 LPA.
• Assistant Vice Presidents – Corporate Banking: Manage corporate banking, average salary INR 20.00 LPA.
• Credit Risk Managers: Assess and manage credit risk, average salary of INR 13.50 LPA.
• Derivatives Traders: Specialize in trading financial derivatives, average salary of INR 3.25 LPA.

Also, read: Career Options After MBA

Top Recruiters for MBA Finance Graduates

• Financial Institutions: Morgan Stanley, Merrill Lynch, Barclays, JP Morgan, Goldman Sachs, Lehman Brothers, Deutsche Bank, Citi Bank, HSBC Bank.
• Consulting Firms: Bain & Co, Boston Consulting Group, McKinsey, Deloitte.
• Others: KPMG, ICICI Bank, and more.

MBA Finance opens doors to lucrative careers with renowned companies across various industries, making it a sought-after degree for finance professionals.

Final thoughts!

Getting an MBA is still the most lucrative option among the youth as it opens up a plethora of opportunities in the industry. However, earning a degree from a premier institute is a tough nut to crack, and most fail at that. Going by the general notion, GMAT is a much easier option compared to CAT and needs as little as 30 minutes every day for the first 6 months and gradually higher for a year and a half. Let us know about your doubts & qualms because planning a career is a tricky process. You will need to know intricate details regarding the industry and the academia that the experts can tell you about.

iDreamCareer is here to assist you in making an informed decision about your future in this thriving field. Take advantage of iDreamCareer’s College & Course Selection Program today and embark on the path toward a successful future!

Also, read

1. Masters in Finance in Canada
2. MS in Finance in the USA 
3. Masters in Finance in the UK

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