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Master of Business Administration MBA - Finance: Course, Admission, Syllabus, Distance, Colleges, Fees, Salary

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MBA Finance Course is a 2 year postgraduate program pursued by students aspiring to build a career in financial management. Currently, MBA Finance Admissions are ongoing in top MBA Colleges in India. Admission to the MBA Finance course is based on national or state level entrance exams such as CAT, MAT, XAT, SNAP and alike.

Candidates must have cleared their graduation with an average of 50% marks and qualified for the required entrance exam to pursue this course. MBA Finance Admission is completely based on an entrance exam in the Top B Schools of India. 50% aggregate requirement is general for all the MBA Finance Colleges. If you aspire to pursue the course from Top MBA Colleges, you need to get above 80% in your graduation, Class 12 and Class 10.

IIMs offer financial management courses as PGP in Finance or PGDM Finance. The curriculum and course structure is more or less equivalent to the MBA Finance Syllabus. Students after completing MBA finance have a starting salary of around INR 6 LPA – 7 LPA. Top Job roles after MBA Finance are Financial Analyst, Finance Manager, Business Analyst, Operations Manager etc. 

All About MBA Finance Course

MBA in Finance is a 2 years post-graduate degree divided into 4 semesters. It includes studies related to the control and assessment of collection, management, investment, and resources. Through this course students can learn to examine company reports, can take measures to maximize stock value, balance risk and profitability, analyze investments and much more.

The MBA Finance program offers a wide range of opportunities in the finance world. After completion of this course candidates in various fields such as insurance management, international finance, taxation planning, and investment banking. The average salary of an MBA in finance in India ranges from INR 7 LPA to INR 20 LPA. Read MBA Specialization 

Why MBA Finance Course?

MBA Finance is beneficial for students looking to excel in the field of finance and are aspiring for a career boost. As per the expert reports, the banking and finance sector is set to create job opportunities for 8.4 million people in the coming 6-8 years. Among all other MBA courses, MBA Finance Course offers the best job opportunities with great salaries

  • The growth of the financial sector in India is around 8.5% per year. This means that MBA in finance in India has tremendous scope for you to grow.
  • In the government and Private sectors, the utility of financial analysts is very significant. Finance is a sector that is not confined to a specific industry, but is highly versatile. It is responsible for maintaining the cost and capital required for sectors like marketing, HR, sales and operations, etc.
  • Boston Consulting Group, Bain & Company, JP Morgan Chase & Co, McKinsey & Co, Barclays, KPMG, State Bank of India, HDFC are the top companies that recruit MBA finance graduates.
  • The finance process roles are continuously evolving and changing. Therefore, the specialists in this discipline have an excessive probability of professional improvement in a short period.
  • A  MBA Finance fresher who graduated from a tier 2 Business School can get a salary of INR 6 LPA - INR 8 LPA

Who Should Pursue MBA Finance Course?

  • Most MBA programs require knowledge of Mathematics and science. For MBA in Finance, a strong hold on Maths is required as this course includes topics such as  Accounting, Taxation, Economics and Finance.
  • Students who have studied commerce from the beginning and those who pursue CFA(Chartered Financial Analyst) can consider doing an MBA finance course. 
  • Analytical thinking, accounting skills, business intelligence, financial modeling, financial reporting, cash flow management, and financial management are some of the basic skills you must have to pursue MBA in Finance.
  • If you want to pursue a career as an Accounting manager, Credit manager & Specialist, Cash manager, Manager Consultants, etc. then you can opt for MBA in Finance.

When to do an MBA Finance Course?

Aspirants who prefer to study in top B-schools in India like IIMs should have at least 1 to 2 years of work experience, though, it is not compulsory, this will add weightage to your admission process. You can gain work experience as an Accountant, Account Executive, Financial Analyst, and Business Executive as these are the fields related to the finance sector. Those who wish to study MBA finance from abroad colleges such as  Harvard, Stanford, etc. must have at least 3 to 5 years of work experience. MBA Finance fees is quite high due to its heavy demand so, it is advisable to gain good work experience first so that you have enough amount of resources to pursue MBA Finance.

  • Top business schools in India like IIMs generally prefer applicants with at least 1-2 years of work experience in job roles of a financial advisor, banker, investment manager, etc.
  • MBA colleges abroad such as Harvard, Stanford, etc. require at least 3-5 years of work experience; Some universities such as INSEAD, HEC, or LBS ask for work experience of 1 to 6 years before applying for MBA finance abroad.
  • Due to the excessive-high demand and its worth, MBA Finance fees are slightly over the higher end (INR 3- 20 LPA) therefore, it is advisable to first have a good amount of work experience so that you have the right amount of resources to pursue an MBA finance Course. 
  • MBA Finance Syllabus has subjects that find applications in maths, statistics, and accounts. Hence, it is advisable to first pursue graduation or certifications in the mentioned fields to be ready to specialize in MBA finance. 

Note: Although work experience is not a prerequisite for admission in MBA finance in the majority of colleges, it increases your chance to get preferred over other applicants applying for MBA finance at the IIMs in India.

Types of MBA Finance

The majority of colleges offer MBA Finance in full-time mode, but few colleges have also come up with MBA finance programs in either part-time, distance, or online mode.

Types of MBA FinanceEligibilityDuration
Full-Time MBA FinanceBachelor’s degree+ a valid score in CAT, ATMA or any other MBA exams (work experience is optional)2 years
Part-Time MBA  Finance50% marks in graduation along with 2-3 years of work experience. Admission is based on profile, performance in GD/PI rounds.2-3 years
Distance MBA Finance50% aggregate in any bachelor’s degree, and a valid CAT/MAT/GATE or any other MBA exam score. (Some colleges select students based on merit)2 years
MBA Finance Online50% marks (45% for reserved category) in bachelor’s degree in any discipline2-4 year

Part-Time MBA Finance

  • There are few colleges that offer part-time MBA Finance/MBA Financial Management programs in India, many of these programs are called Master’s in Financial Management (MFM) which is quite similar to MBA.
  • Unlike full-time MBA finance of two years duration, part-time MBA finance programs are of 3 years duration.
  • Graduation in any discipline with 50% marks, and work experience of 2-3 years is the minimum requirement for admission.
  • Some colleges also expect a valid score in national-level MBA exams.
  • The final admission is profile-based, which includes merit, performance in GD/PI.
CollegeFees (INR)
K J Somaiya Institute of Management, MumbaiINR 287,445
SIMSREE MumbaiINR 153,000
IIF Greater NoidaINR 450,000
SIBM Mumbai--

MBA Finance Online

  • MBA finance online programs are currently offered by Jain University, Mysore University, and Alagappa University in either finance or financial management specialization.
  • The eligibility criteria for applying to MBA finance Course is graduation in any discipline with minimum qualifying marks.
  • The duration of these MBA finance online programs can range from 2 years to a maximum of 4 years.
  • MBA finance online programs come up with additional benefits like placement assistance and paid internships of 6 months (Jain University).
CollegeFees (INR)
Alagappa UniversityINR 80,300
Jain UniversityINR 76,000
University of Mysore--

MBA Finance vs MBA Marketing

MBA Finance and MBA Marketing are the two most widely studied MBA Specializations in India. MBA Finance leads to job opportunities in banks and investment firms while MBA Marketing degree finds its applications in the areas of sales, advertising, and brand management.

ParametersMBA FinanceMBA Marketing
Eligibility50% marks in graduation + work experience (optional)50% marks in graduation + work experience (optional)
Top CollegesIIM Bangalore, IIM Calcutta, VELS ChennaiIIM Ahmedabad, FMS Delhi, ISB Hyderabad
Placement OffersINR 20,00,000- 25,00,000 per yearINR 20,00,000- 25,00,000 per year
Average SalaryINR 3,91,814 (Glassdoor)INR 3,62,450 (Glassdoor)
Top RecruitersHSBC, Barclays, Deutsche Bank, Goldman Sachs, etc.Procter and Gamble, Microsoft, Morgan Stanley, etc.
Technical SkillsCommerce background, Knowledge of Financial instruments, Know-how of financial statements, Expertise of MS Excel.Knowledge of marketing strategies, and understanding of target customers
Important SubjectsPortfolio Management, Hedge Funds, Insurance Management, International Financial Markets.Brand Management, Customer Relationship Management, Consumer Behaviour, Digital Marketing, Retail Management, Marketing Research
Career PathAccountant Broker, Tax Planner, Investment Banker, Estate Planner, Assistant Manager, Consultant, Manager, General Manager, Chief Financial OfficerSales Associate, Customer Relationship Executive, Market Research Analyst, Brand Manager, Product Manager, Digital Marketing Head, General Manager, Chief Marketing Officer

MBA Finance: Admission Process

MBA Finance Admission Process is similar to other MBA Admissions. MBA Finance takes place through Top MBA Entrance Exams such as CAT, MAT, XAT etc. Students 50% in graduation are eligible for MBA Finance Admissions.

MBA Finance Eligibility

Almost all colleges follow more or less the same eligibility criteria for MBA finance admissions, however few differences in terms of minimum percentage asked, relaxations, and reservations are possible:

  • Students must have a bachelor’s degree in any discipline, with 50% marks or an equivalent CGPA from any recognized University/College.
  • Top MBA finance colleges might ask for an aggregate score of more than 80%.
  • A relaxation of 5% is granted to students who are from the SC/ ST/ PWD background.
  • Final year candidates are also eligible for applying, provided they submit a no-objection certificate from the college.
  • Some colleges (like top IIMs, Harvard, LBS) ask for an additional work experience of at least 1-2 years in areas of finance, banking, or accounting.

MBA Finance Admission

MBA Finance Admission is done on the basis of national or state level MBA entrance exams, popular ones being CAT, XAT, MAT, ATMA. Post qualifying the entrance exams, a Group Discussion and Personal Interview Round is conducted to analyze the student’s performance. Check out the applications deadlines of top MBA finance colleges:.

MBA Finance Entrance Exams

National level MBA Finance Entrance Exams are ATMA, CAT, MAT, XAT, CMAT, etc. State Universities have their own state-level MBA Entrance Exams. 

APICET HPCET 
Karnataka PGCET KMAT 
MAHCET TANCET 
UPSEE PU CET 
TSICET--

MBA Finance Entrance Exams Dates

The entrance exam schedule for national-level MBA finance entrance exams is mentioned below:

Exam NameRegistration DateExam Date
CATAugust 3 – September 21, 2022 November 27, 2022
MAT

PBT Mode: February 14, 2023 (Last Date)

CBT 1 Mode: February 21, 2023 (Last Date)

CBT 2 Mode: February 27, 2023 (Last Date)

PBT Mode: February 19, 2023

CBT 1 Mode: February 26, 2023

CBT 2 Mode: March 4, 2023 

SNAPAugust 04 - November 24, 2022December 10, 18, and 23, 2022
IIFTOctober 01 – November 14, 2022December 11, 2022
IBSATJuly 01 – December 21, 2022December 24 – 25, 2022
CMATDecember 26, 2022 – February 25, 2023March 26, 2023
MAH CETMarch 2023 – May 2023August 2023
NMATAugust 01- October 12, 2022October 10 - December 19, 2022
ATMADecember 24, 2022 – February 17, 2023

February 25, 2023 (February session)

May 28, 2023 (May session)

July 23, 2023 (July session)

XATAugust 10, 2022 – December 12, 2022January 8, 2023
TISSNETDecember 14, 2022 – January 15, 2023January 28, 2023 to February 28, 2023

MBA Finance Distance Learning

MBA Finance is one of the best MBA specializations which brings in a high package salary as well as a hike in career growth. However, sometimes a full-time MBA Finance course becomes unaffordable hence in such cases, one can opt distance MBA Finance.

Distance MBA Finance CollegesFees
ICFAI MBA Finance INR 63,000
Suresh Gyan Vihar University MBA Finance INR 52,000
IMT CDL MBA FinanceINR 88,000
IGNOU OPENMAT MBA FinanceINR 35,000
Sikkim Manipal University INR 80,000
Annamalai University MBA FinanceINR 39,700
Symbiosis Centre for Distance Learning INR 40,000
MIT Pune MBA Finance INR 59,000
LPU MBA Finance INR 50,000

The financial Sector is said to be the lifeblood of any economy. The growth of the Indian economy is directly related to the growth of financial services in India which in turn also led to the growth of career opportunities for finance professionals. According to The Times of India, “India has witnessed a growth of 27% in February 2022.” 

There are several finance related courses such as B.com , BA Economics, MBA etc. MBA in finance is a 2 year postgraduate program dealing with the study of budgeting, finance and analytics. The main learning of this program is that it prepares candidates in accounting, handling and managing the finance of any organization. 

Post the completion of the program, this field has a lot to offer. Candidates have multiple opportunities to explore such as Financial Analyst, Finance Manager, Business analyst, Operations Manager, Relationship manager, manager consultants, investment banker, credit risk analyst etc. 

Some of the top areas where candidates can be employed are banks , financial institutions, trading companies, stock exchanges, mutual funds, insurance companies, etc. Some of the top recruiters for MBA Finance are MOrgan Stanley, Goldman Sachs, Bain & Company, McKinsey & Company, Barclays, KPMG etc.

MBA Finance Jobs

MBA Finance opens doors for candidates for multiple opportunities in various domains of accounts and financial management. MBA Finance jobs are available in both private as well as public sector. They can be employed in areas such as financial institutions, banks, stock exchanges, trading companies etc. tabulated below are some of the top job profiles for MBA Finance graduates.

Job ProfileDescriptionAverage Annual Salary (INR)
Financial AnalystFinancial Analysts are skilled professionals who are employed in banks, financial institutions, insurance companies etc. They provide guidance to the businesses and individuals in decision making and provide guidance to maximize profit4.61 L
Relationship ManagerRelationship managers are skilled professionals who develop and maintain strong relationships with the clients both within the organization as well as outside. They are also known as Client Relationship Manager4.45 L
Account ManagerAccount Managers are employed in firms whose main duty include strong relationships with the client, connection with business executives, preparing sales report.6.00 L
Bank ManagerA Bank Manager is responsible for supervising all operations including staff management, administration, security , compliance and also include other sales activity7.50 L
Business AnalystBusiness Analyst are professionals who assess the performance of the business and also help them in conducting research , solving problems with the aim to maximize profits7.00 L
Finance managerFinance Managers are mainly responsible for assessing performance, providing advice to senior managers for profit maximization. They are also responsible for maintaining financial health of the company12.00 L
Equity Research AnalystAn Equity Research Analyst analyzes and provides financial insights of the public traded company and also helps in facilitating investment decisions.6.00 L
Research AnalystResearch analysts are entry level employees who perform research , collect and analyze information and also help in problem solving for the purpose of improving decision making.3.20 L

Jobs After MBA Finance : Sector Wise

There are plenty of job opportunities in both the private as well as public sector. The job offered to candidates depends upon their knowledge and skills which the candidate has acquired during the course as well as during internships or work experience. Let’s discuss the jobs that a MBA Finance graduate can get in both private as well as public sector along with their salary structure

Jobs After MBA Finance : Private Jobs

MBA Finance graduates get ample opportunities in the private sector. There are a number of job roles, candidates can be employed such as Management Trainee, Accounts officer, Assistant Manager etc. Some of the top recruiters are Goldman Sachs, Morgan Stanley, JP Morgan etc. The average salary in the private sector varies from INR 3.20 L - 24 LPA. 

Tabulated below are some of the top job profiles across private sectors.

Job ProfileDescriptionAverage Annual Salary (INR)
Analyst DeveloperAnalyst developers are skilled professionals who define, develop, test and maintain the software to support the business.9.40 L
Senior ManagerSenior Manager are employed for the purpose to plan and direct and supervise the business operations to run the business efficiently19.00 L
Associate consultantAn Associate consultant is the one who provides support to management and along with their consulting team they provide guidance for the smooth running of business operations9.00 L
Financial AnalystFinancial Analysts are professionals who advise the middle and higher level of management for the business operations and advise where to invest money for the purpose of maximizing the profit.4.61 L

Jobs After MBA Finance: Government Jobs

After completing MBA Finance, Candidates have multiple opportunities to explore the government sector. There are various areas such as government banks, insurance companies, and other public sector undertakings in which they can be employed. Some of the top companies include State Bank of India, BSNL, National Dairy Development Board, Bharat Earth Movers Limited (BEML) etc.

Job ProfileDescriptionAverage Annual Salary (INR)
Bank ManagerBank Managers are responsible for promoting and marketing , meeting with the customers, monitoring sales targets. In order to be a successful bank manager, candidates must have excellent communication skills, business management skills, customer management, leadership etc.9.02 L
Accounts OfficerAccounts officers are one who look after the expenses, income activities of business. They are responsible for bookkeeping, petty cash, employee expenses, reconciling invoices etc6.59 L
Joint General managerA Joint General Manager is one who looks after the company operations, including revenue and cost controlling. They mostly sit at the headquarters of a banking company.24.5 L
Assistant ManagerAssistant Managers are one who look after the daily operations of business. They often verify employee schedules and help new recruits to understand their roles and duties.9.53 L

Jobs After MBA Finance Freshers

MBA Finance graduates are very much in demand in India both in private as well as private sector. Fresh Graduates can be placed directly from college campus or they also have the option to apply from various job portals as well. 

Some of the top profiles for freshers are mentioned below for your reference.

Job RoleStarting Annual Salary
Financial Analyst3.14 L
Finance Manager5.11 L
Accounting Manager3.56 L
Chief Financial Officer (CFO)10.24 L
Business Analyst3.50 L
Management Consultant6.45 L
Operations Manager3.66 L
Relationship Manager4.26 L
Bank Manager6.14 L

MBA finance is a 2 year masters degree education in management, strategy, and administration with a strong interest in finance, regulatory laws and investments. Students will hold managerial positions in top Banks, Insurance companies, audit firms and FinTech companies.

Subjects in MBA Finance first year introduce you to basic management principles, while MBA finance second-year syllabus includes specialized and elective MBA finance subjects. 

MBA Finance Syllabus includes core and elective subjects that impart knowledge of management studies, investment, and finance. Important MBA finance subjects are International Finance, Structured Finance, Infrastructure Finance, and Corporate finance.

Subjects in MBA Finance first year include Micro Economics, Corporate Social Responsibility, Tools and Frameworks for Decision Making, Strategic Management, Marketing Research, Financial Modeling, etc. MBA Finance Subjects in the second year of top MBA Finance Colleges include Operations Management, Corporate Management, Macroeconomics. In the second year itself, you are asked to choose from any MBA finance project topics and do detailed research on trending topics such as Gold Monetization, Cash Management of any company, and alike.

MBA in Finance Syllabus in IIM is somewhat similar to other MBA finance colleges’ syllabi and includes topics like Cost Management, Corporate Finance, Financial Modelling, Behavioural Finance, International Finance, Structured Finance.

MBA Finance Course Details

MBA Course Level

Post Graduation Degree Course

Types of MBA

Full Time MBA, Online MBA, Executive MBA, Distance MBA, Integrated MBA

MBA Finance  Admission Process

Entrance Exam followed by Group Discussion and Personal Interview

Top MBA Finance  Entrance Exams

CAT, MAT, XAT, CMAT, NMAT, ATMA, IIFT, IBSAT

MBA Finance Eligibility

50% in Graduation

Top MBA Finance Colleges

Top MBA Colleges in India include IIM Ahmedabad, IIM Calcutta, IIM Bangalore, IIM Lucknow, SPJIMR Mumbai, XLRI, FMS Delhi, IIM Indore, IIM Kozhikode

MBA Finance Fees

INR 5,00,000 – INR 18,00,000

MBA Finance Syllabus Semester Wise

MBA Finance Subjects: First Year
Semester ISemester II
Micro EconomicsFinancial Modeling
Corporate Social ResponsibilitySupply Chain Management
Principles of AccountingBusiness Intelligence
Principles of Marketing Management Strategic Management
Tools and Frameworks for Decision MakingManagerial Economics
Quantitative Methods and StatisticsMarketing Research
Business Communication And Soft skillsCorporate Governance and Business Ethics
Organizational Behaviour-1 Corporate Finance-2
MBA Finance Subjects: Second Year
Semester IIISemester IV
Macro EconomicsInternship Projects
Business LawProject Submissions
Operations ManagementOrganization Behaviour-2 
Corporate ManagementMarketing Management
Optimization and Project ResearchProject Management

MBA Finance Admission 2022 in India is done through various entrance exams conducted at National, State or University level. Admission to top MBA colleges in India is offered through Management entrance exams such as CAT, GMAT and GRE. MBA Finance admission 2022 has already started in popular MBA Colleges including FMS Delhi, IIMB, XISS Ranchi, KJ Somiaya, etc.

Candidates seeking for MBA Finance admission 2022 must sit for an entrance exam such as CAT, XAT, SNAP, GMAT, etc. Registrations for IRMASAT, MICAT, KIIT MBA, and IRMASAT exams for the year 2022 have already been concluded. 

MBA Finance is a postgraduate course offered for 2-years. Aspirants must have completed their graduation with at least 50% marks and must have qualified the required entrance examination to pursue MBA Finance. Candidates are shortlisted based on their scores in entrance exams followed by Group Discussion or Personal Interview rounds. The average fees to pursue MBA Finance from top MBA colleges in India can be between INR 5 - 24 Lakhs.

MBA Finance Admission 2022 Important Dates

The following table elucidates the MBA Finance Admission 2022 application form dates for some of the top MBA Colleges in India.

CollegeAdmission ProcessApplication Dates
IIM TrichyCATAug 4, 2021 – Sep 15, 2021
KSOM Bhubaneshwar CATFebruary – April 2022 (Open)
SP Jain MumbaiXAT/CATSep 25, 2021 – Nov 26, 2021
NMIMS HyderabadNMATAug 4, 2021 – Nov 21, 2021
FMS New DelhiCAT/GMATDec 25, 2021 (Closed)
Xavier Institute of Social Service, RanchiCAT/XAT/CMATTo be announced
IIM KozhikodeCATAug 4, 2021 – Sep 15, 2021
VGSOM KharagpurCAT/GMATJan 5, 2022 – Jan 31, 2022
Indian Institute of Management (IIM) KashipurCAT/ GMAT/ GREJan 1, 2022 – April 15, 2022
Indian Institute of Management BangaloreCATOct 21, 2021 – Jan 19, 2022
K J Somaiya Institute, MumbaiCAT/ XAT/ CMAT/ NMATJan 31, 2022 (Closed)
 

MBA Finance Admission 2022 Entrance Exam

Here is a detailed schedule of MBA Finance admission 2022 deadlines and registration dates for MBA entrance exams. The table below includes the last dates for MBA Entrance Exams 2022, along with the entrance exam syllabus and prerequisites discussed in the sections later.

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MBA Finance Admission 2022 Entrance Exams Schedule

Exam NameRegistration DateExam Date
CAT August 04, 2021November 28, 2021
ATMADecember 09 – February 05, 2022 February 13, 2022
XAT August 10 to November 30, 2021January 02, 2022
MAT December 28, 2021 – February 2022

February 26 – 27, 2022 (IBT Mode)

March 05, 12 & 13, 2022 (IBT Mode)

March 06, 2022 (PBT)

CMAT November 01, 2021 to January 10, 2022February 22, 2022
NMAT August 03, 2021 to November 15, 2021October 14, 2021, December 27, 2021
IRMASAT 19 October 2021 to 20 January 202218-19 February 2022 23 February - 06 March 2022
KMAT March 20222nd week of April 2022
TISSNET Till January , 2022February, 2022
MAH CET Till 1st week of June 20222nd week of June 2022
KIITEENovember 16 – January 10, 2022January 15 – 17, 2022
IIFT Sep 2 to Oct 15, 2021December 5, 2021
SNAP 31st August 2021 to 27th November 202119th December 2021 8th January 2022 16th January 2022
IBSAT July 6, 2021 to December 21, 2021December 25 – 26, 2021

MBA Finance Admission 2022: National Level Entrance Exams

MBA Finance admission 2022 can be done through various university/state level entrance exams like CAT, MAT, XAT, GMAT, SNAP

CAT

Also known as the Common Admission Test. CAT 2022 has been scheduled to begin the conducted 4th week of November 2022, The registration process for CAT 2022 would begin in the 2nd week of August 2022.

Eligibility Criteria

The minimum eligibility required for taking the CAT exam is 50% aggregate or equivalent CGPA in Bachelor’s from recognized University. 

Know More: CAT Cut Off

MAT

Also known as Management Aptitude Test, is a national level entrance exam that is conducted by All India Management Association (AIMA). MAT 2022 registration would begin from the 1st week of January 2022.

Eligibility Criteria

The minimum eligibility criteria for appearing for MAT is a Bachelor’s degree from a recognized university.

Students must have secured at least 50% aggregate or equivalent marks from a recognized university.

GMAT

GMAT or popularly known as the Graduate Management Admission Test, is conducted by the Graduate Management Admission Council (GMAC). 

Eligibility Criteria

There is no such eligibility criteria for appearing for GMAT, apart from the candidate having surpassed 18 years of age. 

Should have a prominent residence certificate of a particular country.

MBA Finance Admission 2022: University Level Entrance Exams

Several universities conduct a university level entrance exam to offer admission to the MBA in FInance course.

XAT

XAT is known as Xavier Aptitude Test, conducted by XLRI (Xavier School of Management, Jamshedpur). XAT 2022 is scheduled to be conducted on January 2, 2022 and registration process will end by November 30, 2021

Eligibility Criteria 

Candidates must have a Bachelor’s degree in any stream.

Candidates must have secured a minimum 50% aggregate from a recognized University. 

SNAP

The full form of SNAP as Symbiosis National Aptitude, is conducted by Symbiosis International University. SNAP 2022 will be conducted in the 3rd week of December, 2022. The registration process for SNAP 2022 has already begun and will end in the last week of November, 2022.

Eligibility Criteria

SNAP requires candidates to have a Bachelor's degree from a recognized university with minimum 50% aggregate marks or equivalent marks from a recognised university. 

MBA Finance Admission Process 2022

The MBA in Finance admission process is offered based on the scores of the entrance exam conducted at National, State or University level followed by a GD/PI round. Candidates must appear for any national or university entrance exam to be eligible for MBA Finance admission 2022. After qualifying the entrance exam, candidates are required to take part in the counseling process for admission into MBA Finance admission 2022.

MBA Finance Admission 2022: Eligibility Criteria

Candidates seeking admission to MBA Finance must meet the minimum eligibility requirements given below: 

  • Candidates must have a bachelor’s degree in any discipline from a recognised university.
  • Candidates must have scored a minimum of 50% marks or an equivalent CGPA from a recognized university.
  • There are various entrance exams such as CAT, MAT, XAT, GMAT, SNAP etc. Candidates must qualify any one university or national level entrance examination to be eligible for admission to the MBA in Finance.
  • In several universities, Candidates have to go through a GD/PI round to complete the MBA in Finance Admission process.

How to Apply?

  • Check the Eligibility Criteria for MBA Finance Admission: Candidates should have completed their undergraduate degree from a recognized board with minimum 50% aggregate marks. 
  • Check all the Prerequisites for MBA Finance Entrance Examinations: Most MBA Finance colleges offer admission based on an entrance exam. 
  • Cut-off list and Counseling: Colleges that are offering merit-based admission will release the cutoff marks for the students based on merit. Colleges that are offering entrance exam based admission will consider the entrance exam score for cut-off.
  • Final Selection: After a successful counselling session, students will get final admission.
  • Accept Admission Offers and Pay Fee: The candidate can finalize admission of the seat by paying the admission fee.

MBA Finance distance courses are very useful because while doing this course, one can also keep continuing their professional career. MBA Finance Distance is a 2-year degree course and the basic eligibility is that the student must be a graduate with 50% in any stream. 

Several renowned institutes offering an MBA in Finance in distance education mode include – SOL DU, IGNOU and ICFAI (Agartala). The average fee for any of the b-schools in India offering MBA Finance in Distance mode can range between INR 30,000 to 2,50,000 per annum. 

Students after completing MBA Finance in distance mode gets an average salary of INR 7,00,000 to INR 10,00,000. 

MBA Finance is considered as the most sought after MBA specialization. Graduates who are currently working in an organization or plan to pursue a CFA or Financial Risk Management course should opt for an MBA in Finance in distance mode. 

MBA Finance Distance Learning Admission Process

Majorly, MBA distance education admissions are done on the basis of a candidate’s marks scored in management exams like CAT, MAT, XAT and ATMA. However, several institutes like IGNOU, conduct their own entrance test for admission to an MBA program in distance learning mode. 

Although the minimum eligibility criteria for applying to a b-school is similar for almost every institute i.e. 50% academic aggregate in 10+2, some colleges do have supplementary requirements for admission to an MBA in Finance in distance mode. For instance, a valid CAT score or 2+ years of work experience (preferably in the same domain). 

The admission requirements for any of the top institutes to pursue an MBA in Finance in distance education mode is given below in a tabulated format: 

MBA Finance Distance Eligibility and Entrance Exams 

College NameCityEligibility
NMIMS Global MumbaiBachelor’s degree in any discipline with 50% aggregate marks; At least 2 years of work experience
Indira Gandhi National Open University (IGNOU)Delhi50% marks in graduation (45% for reserved category); Minimum cut off in OPENMAT  
Symbiosis Centre for Distance Learning (SCDL)PuneGraduation in any discipline from a UGC recognized university; Minimum test scores in – MAHCET, NMAT, XAT, etc.
School of Open Learning (DU SOL)DelhiBachelor’s degree with at least 50% marks; A valid CAT score  
Amity UniversityNoida

Graduate in any discipline from a recognized university 

MBA Finance Distance Learning Skills required 

Apart from the above-mentioned requirements, a candidate must exhibit a certain set of skills in order to qualify the Group Discussion and/or Personal Interview rounds.

Management ExperienceProblem-Solving Skills
Interpersonal SkillsAnalytical Ability

A good way to prepare for the interview sessions is by collecting experiences from candidates who have appeared in the Group Discussion or PI rounds. This will help an aspirant tread in the appropriate direction.

Top MBA Distance Education Colleges in India

Out of 6200+ colleges offering MBA, only a few renowned institutes provide the course in a distance education mode. However, with the approval of UGC-DEB to grant correspondence classes for MBA, popular institutions like XLRI and ISB have also joined the list. Top institutes that offer an MBA in Finance in distance education mode are mentioned below along with the degrees/programs offered: 

College NameDurationAverage Annual Fees (INR)Degree(s) Offered
Narsee Monjee Institute of Management Studies (NMIMS)1.5 years2,50,000PGD
Indira Gandhi National Open University (IGNOU)2 to 5 years32,000MBA/PGDM
Symbiosis Centre for Distance Learning (SCDL)2 years50,000PGD
ICFAI University, Directorate of Distance Education1 – 2 years65,500MBA(2 years)/PGD(1 year)
IMT Centre for Distance Learning (IMT-CDL)2 years56,000PGDP/PGD
All India Management Association (AIMA)2 years63,000PGDM
Madurai Kamaraj University (MKU)1 – 2 years45,000PGD(1 year)/MBA(2 years)

There are more than 6,000 b-schools across India to pursue a distance MBA in Finance from. Some of the popular choice for while selecting a college to pursue MBA in distance mode are – IGNOU, Symbiosis Institute of Business Management, Lovely Professional University, etc. 

Key highlights about pursuing an MBA in Finance in distance learning mode from any of these institutes are mentioned below: 

MBA Finance IGNOU

IGNOU offers MBA Banking and Finance Course. Apart from MBA Banking and Finance IGNOU also offers PGD Financial Markets Practice. MBA Banking and Finance was launched due to an understanding between IGNOU and the Indian Institute of Banking and Finance (IIBF) in order to provide an avenue for post graduate academic qualification in Banking and Financial Services, for the members of the IIBF. MBA Banking and Finance is designed to cater to the customised needs of banking professionals with CAIIB certification. It helps to upgrade the managerial skills and capabilities of the banking professionals who are in-service.

Particulars Details
Minimum Duration2.5 Years
Maximum Duration8 Years
Fees (INR)37,800
Age No Bar

MBA Finance IGNOU Eligibility

The Candidate should be a member of the Indian Institute of Bankers and should satisfy the following conditions :

  • The student should have passed the CAIIB examinations of Indian Institute of Bankers, Mumbai and awarded the required qualification/ credentials thereof by the institute.
  • The student should have been working in the banking or financial service sector for a period of at least two years.
  • The student should be a graduate from a recognised university.

NMIMS Global

NMIMS Global provides 2 year MBA course in blended and ODL mode. It provides knowledge about the fundamentals of finance, accounting, auditing and capital management. It dives deep into concepts of financial analysis, cost accounting, management accounting and its impact on general decision making.

ParticularsDetails
Batch starts onAugust 12, 2022
ModeBlended and ODL
EligibilityBachelor degree or an equivalent degree recognized by Association of Indian Universities (AIU) with a minimum of 50% marks at Graduation Level. If it is less than 50% then the student must have 2 years of work experience.
FeesINR 1,44,000
Hiring PartnersZar, Zalaris, Aviva, Bajaj electricals, Brimstone Creative
Job RolesFinancial Auditor, Financial Planning analyst, Accounts and Finance Manager, Investment Banking Analyst

MBA Finance Distance Learning IIM

IIM provides various courses which can be categorised as Distance MBA. IIMs provide Distance MBA in different names like Post Graduate Programs, Certificate Programs or Working Manager’s Programme. The fees ranges from INR 3,00,000 to INR 17,00,000.

Various Executive Management programmes in IIM are available for mid and senior-level working professionals. These programmes aren’t to be confused with Distance MBA and therefore the students are required to attend a couple of classes on weekends.

College NameCourse NameTotal Fees (INR)
IIM RaipurPost Graduate Program in Management for Working Executives12,61,200
IIM RanchiCertificate Programme in General Management3,00,000
IIM IndoreGeneral Management Programme for Executives (GMPE)3,50,000
IIM LucknowWorking Managers’ Programme (WMP)13,55,000
IIM AhmedabadePost Graduate Programme (ePGP)17,44,500

MBA Finance Online is a two-years course that is ideal for the working professional who wants to add another academic achievement in their resume for better job opportunities. 

MBA Finance Online imparts students with the financial scenario by addressing a multitude of concepts such as value maximization, portfolio management, capital investment evaluation, and security analysis. There are numerous colleges offering MBA finance online courses such as Symbiosis, Amity University, IGNOU, etc. but they will have to appear for the CMAT, CAT etc. 

The average Online Finance MBA fees in India is low compared to the average regular MBA Finance, and this is one of the top reasons students look for MBA Courses Online. The average fees range from INR 40,000 - 2,50,000 in most of the MBA colleges for online courses.

MBA Finance Online Quick Facts

  • When you opt for an MBA in finance online, you can parallelly prioritize your job and education without one overshadowing the other
  • MBA Finance online is much more affordable than regular MBA courses. The course fee can be as low as INR 16,000 annually.
  • To procure admission in MBA finance online, candidates need to clear their graduation exam from a recognized university. In general, admission is granted based on the aggregated graduation score, though some universities may ask for entrance tests such as Common Management Admission Test (CMAT), Symbiosis National Aptitude Test (SNAP), Common Admission Test (CAT), Management Aptitude Test (MAT), etc.
  • After completing the two years course, there is a wide range of career options available to the students. They can opt for jobs across various industries, such as communication, manufacturing, entertainment, transportation, technology, retail, etc. 

What is MBA Finance Online?

MBA Finance Online Course is a two-years course that is ideal for the working professional who wants to add another academic achievement in their resume for better job opportunities. 

It imparts students with the financial scenario by addressing a multitude of concepts such as value maximization, portfolio management, capital investment evaluation, and security analysis. 

Why MBA Finance Online?

  • Affordability: MBA Finance online is much more affordable than regular MBA courses. The course fee can be as low as INR 16,000 annually.
  • Flexibility: When you opt for online MBA in finance, you can parallelly prioritize your job and education without one overshadowing the other.
  • Career Boost: It is a great opportunity for working individuals to improve their career with an MBA degree in finance.

Online MBA Finance Programs

To study Online MBA Finance programs, candidates should be a graduate from a recognized University/Institute. Certain Universities enroll on the basis of merit and few Universities enroll on the basis of entrance examination, such as CAT, XAT, MAT, GMAT, SNAP for Online MBA Finance Programs. 

The average Online MBA Finance Program fee ranges between INR 1 Lakh to 2 Lakhs. 

Course NameProvider DurationFees (INR)
MBA(Global)Deakin Business School (DBS)2 years3.36 Lakhs
MBA in Digital Finance & BankingJindal Global University2 years5.50 Lakhs
MBA FinanceLiverpool Business School1 week32,580
Executive MBA (Online)NMIMS Global Access School15 month86,000

MBA Finance Online Admission

The online MBA admission criteria may differ depending on the institution. 

  • Some institutions will grant admission to the students based on their graduation merit, where candidates need to score at least 40% aggregate marks.
  • Mostly, aspirants will need to appear for an entrance exam such as XAT, MAT, GMAT, OPENMAT, etc., held by the institutions for granting admission to their MBA finance online course India. A few of the universities prioritize candidates who have work experience.

MBA Finance Online Eligibility

Online MBA Finance Program requires the following eligibility criteria for admission:

  • Should be a Graduate from a recognized University, with 50% aggregate or equivalent marks
  • Candidates having relevant work experience would be given preference
  • Candidates need to qualify the entrance examinations
  • There is no age limit for enrolling into an Online MBA Program

MBA Finance Online Colleges

Some of the best colleges providing MBA finance online course India are:

CollegeAdmission ProcedureAverage Course Fee
Amity University OnlineGraduation MeritINR 2,50,000
Don Bosco UniversityDBU-PGETINR 1,80,000
Venkateshwara Open UniversityGraduation MeritINR 98,000
Sikkim Manipal UniversitySMU-DDE Management Aptitude Test (SMAT)INR 85,000
Indira Gandhi National Open University (IGNOU)OPENMATINR 37,000

MBA Finance Online from IIM

MBA Finance online is also offered from top IIMs like IIM Ahmedabad, IIM Kozhikode, IIM Shillong, IIM Rohtak and IIM Raipur. 

The classes are conducted virtually and the students are advised not to visit the learning center due to the pandemic. Working professionals with a minimum of three years of work experience can apply for these courses. 

The table below highlights MBA Finance Online programs offered by IIMs.

IIMCourse NameSelection CriteriaFees
IIM Ahmedabade-Mode PGPCAT, GMAT, GRE, IAT + Personal InterviewINR 20,00,000
IIM KozhikodeExecutive Post Graduate Programmes (EPGP)EMAT+ Personal InterviewINR 2,00,000
IIM ShillongPGP (Working Executive)CAT, GMAT + Personal InterviewINR 10,00,000
IIM RohtakEPGPXCAT, GMAT, GRE, GATE + Personal InterviewINR 7,15,000
IIM Raipure-MBACAT, GMAT + Personal InterviewINR 10,00,000

MBA Finance Online Courses

Program NameCollege NameAverage Course Fees
MBA in Finance & AccountingAmity University, NoidaINR 2,50,000
PGDM HB in Finance ManagementWelingkar OnlineINR 61,000
MBA Banking & FinanceVenkateshwara Open UniversityINR 38,000
MBA in Financial MarketsITM University OnlineINR 1,55,000
MBA FinancePondicherry UniversityINR 24,925

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