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Chetna Verma

Updated on 28th November, 2023 , 8 min read

MBA Finance: Course, Subjects, Admission 2024, Syllabus, Distance, Colleges, Fees, Salary

Course

The full form of MBA Finance is Master of Business Administration in Finance. It is a two-year postgraduate course. An MBA in Finance focuses on various aspects of finance, investment, and financial management within the corporate and financial sectors. 

Enrollment in this program requires successful completion of an entrance examination, followed by participation in a group discussion and a personal interview. MBA Finance entrance exam includes CAT, MAT, XAT, CMAT, NMAT, and SNAP.

MBA Finance eligibility is a bachelor’s degree with a minimum of 50-55% marks from any stream from a recognized university or college.

MBA Finance fees are INR 2 – 10 LPA. Some of the top MBA in Finance colleges in India are IIM Bangalore, IIM Ahmedabad, IIM Kolkata, and Faculty of Management Studies, Delhi.

The MBA Finance syllabus includes topics on Financial Accounting and Reporting, Managerial Accounting, Financial Management, Corporate Finance, Portfolio Management, Financial Markets, and Risk Management.

MBA Finance subjects include Entrepreneurial Finance, Financial Technology, Financial Reporting, Analysis of Specialized Industries, Corporate Governance, International Finance, Real Estate Finance, and Investments.

MBA Finance jobs include Chief Financial Officer, Investment Banker, Financial Advisor, Revenue Manager, Financial Analyst, Bank Manager, and Financial Planner. MBA Finance salary ranges from INR 7 – 20 LPA.

Some of the top recruiters for this course are Jain and Co., JP Morgan, Goldman Sachs, Barclays, Morgan Stanley, and McKinsey.

Further Reading: 

MBA Finance Syllabus & Subjects 

MBA Finance Jobs  

All about MBA: 

Online MBA Courses

MBA Entrance Exams

MBA Admission 2023-2024

MBA Specializations

MBA Salary

Government Jobs After MBA

MBA Subjects and Syllabus

Jobs after MBA

Distance MBA

MBA vs PGDM

TIER-1 MBA Colleges

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MBA Finance: Course Details

Course NameMBA in Finance
Full FormMaster of Business Administration in Finance
Course LevelPostgraduate
MBA SpecializationFinance
Course Duration2 years
Course FeesINR 1.10 - 7 lakhs
ExaminationSemester System
EligibilityA minimum of 50% score in bachelor's degree
Entrance ExamsCATMATGMATCMATXATNMAT
Admission ProcessBased on the Entrance exam and bachelor's degree score
Top CollegesIIM Bangalore, IIM Ahmedabad, IIM Kolkata, Faculty of Management Studies, Delhi
Average SalaryINR 7 - 20 LPA
Job ProfilesChief Financial Officer, Investment Banker, Financial Advisor, Revenue Manager, Financial Analyst, Bank Manager, Financial Planner
Top RecruitersBain and Co, JP Morgan, Goldman Sachs, Barclays, Morgan Stanley, McKinsey, etc.

MBA-Finance

More MBA Courses: 

MBA International Business

MBA Finance

MBA Hospital Management

MBA Banking and Finance

MBA Business Analytics

MBA Aviation Management

MBA Digital Marketing

MBA Biotechnology

MBA Data Science

MBA Agriculture

MBA General Management

MBA Event Management

MBA Human Resource Management

MBA Marketing Management 

What is MBA Finance?

An MBA in Finance focuses on various aspects of finance, investment, and financial management within the corporate and financial sectors. This program is designed to provide students with a strong foundation in financial principles and practices, preparing them for careers in finance, banking, investment management, corporate finance, and related fields.

Why should you pursue an MBA in Finance?

Specialized Knowledge and Skills: An MBA in Finance provides a specialized understanding of financial concepts, investment strategies, and risk management. 

Career Advancement: This program can make graduates more competitive in the job market, especially for leadership and managerial roles. 

Networking Opportunities: MBA programs often help in building a professional network that can be valuable for future career prospects.

Entrepreneurial Pursuits: An MBA in Finance can provide the financial management skills necessary for starting and managing a business. 

MBA Finance: Course Duration

The duration of MBA Finance in India is 2 years, which is divided into 4 semesters. However, the exact duration may vary depending on the university or institution offering the course. MBA Finance in distance education programs may have a longer duration, up to 5 years, compared to the regular full-time course.

MBA Finance: Eligibility Criteria

The eligibility criteria for an MBA in finance are quite similar to the eligibility criteria for a general MBA course. The following are the basic requirements to be eligible to enroll in an MBA finance course:

  • A bachelor's degree with a minimum of 50% aggregate or an equivalent CGPA from an accredited university
  • The minimum aggregate for students in the reserved category is 45%.
  • Most institutions offer MBA in Finance based on their performance on entrance exams like the CAT, XAT, CMAT, MAT, SNAP, etc.

MBA Finance: Admission 2024

  • Most colleges and institutes grant admissions into MBA Finance based on the entrance exams and scores achieved in bachelor's degrees.
  • Many entrance exams are conducted for MBA in finance, such as CAT, MAT, XAT, CMAT, etc.
  • Those selected will be called for personal interviews and group discussions
  • Selected candidates who complete all the selection rounds may pay the fees to secure their admission.

MBA Finance: Entrance Exam 2024

In most colleges and universities, MBA Finance admissions are determined by the various entrance exams conducted at the university and national levels. Here is a list of the top MBA in Finance entrance exams:

Name of the Exam

Registration Date  

Exam Date 

CAT 

21st September, 2023

26th November, 2023

MAT

3rd December, 2023 (IBT)

5th December, 2023  (PBT)

6th December, 2023 (IBT)

28th November, 2023  (CBT)

11th December, 2023  (CBT)

14th December, 2023 (IBT)

3rd December, 20233rd December, 2023 (CBT)

6th December, 2023 (IBT)

9th December, 2023 (IBT)

9th December, 2023 (PBT)

16th December, 2023  (CBT)

17th December, 2023 (IBT)

SNAP

23rd November, 2023

10th December, 2023 

17th December, 2023 

22nd December, 2023 

IIFT

1st July, 2023 - 16th December, 2023

1st week of January, 2024

IBSAT

16th December, 2023

To be Announced 

CMAT

2nd Week of February, 2024

April - May, 2024

MAH CET

3rd Week of February, 2024 - 3rd Week of March, 2024 

23rd March & 24th March, 2024

NMAT

10th October, 2023

October 10 - December 19, 2023

ATMA

4th Week of December, 2023

4th Week of February, 2024

XAT 

30th November, 2023

7th January,2024

TISSNET 

2nd Week of December, 2023

To be Announced 

MBA Finance: Entrance Exam Syllabus

MBA Finance entrance exam syllabus may vary slightly depending on the college or university. However, here are some common topics that are usually included in the exam:

Subjects

Topics

Financial Management

Basics of finance, Financial markets and institutions, Capital Budgeting, Risk and return, Financial ratios

Quantitative Aptitude

 

Arithmetic, Geometry, Number Systems, Percentage, Profit and Loss, Time and Work, Time-Speed-Distance.

Verbal Ability

Reading Comprehension, Grammar, Vocabulary, Sentence Correction, Para-Jumbles, etc.

Logical Reasoning

 

Puzzles, Seating Arrangements, Syllogisms, Analogies, Coding-Decoding, Data Sufficiency, etc.

Data Interpretation

Data from charts, graphs, and tables.

General Awareness

 

General Knowledge, current affairs, and business-related.

Analytical Writing Assessment (AWA)

Write Essays on given topics to demonstrate their analytical and writing skills.

MBA Finance: Syllabus

Each school offers a different finance syllabus and an MBA. Mentioned below are the main MBA Finance subjects included in most colleges and institutes:

MBA Finance Syllabus 1st Year

MBA Finance Subjects: Semester 1MBA Finance Subjects: Semester 2
  • Management Process and Organizational Behavior
  • Business Statistics
  • Managerial Economics
  • Accounting for Managers
  • Business Environment
  • Corporate Finance
  • Computer Applications in Business and Cyber Security
  • Seminar on Contemporary Issues in Finance (Internal)
  • Human Resource Management
  • Marketing Management
  • Business Research Methods
  • Management Science
  • Indian Financial System
  • Financial Services
  • Business Communication

MBA Finance Syllabus 2nd Year

MBA Finance Subjects: Semester 3MBA Finance Subjects: Semester 4
  • Business Policy and Strategic Management
  • Summer Training and Seminar (Internal)
  • Elective –I
  • Elective –II
  • Elective –III
  • Elective –IV
  • Elective –V
  • Open Elective- I
  • Entrepreneurship Development
  • Business Legislation
  • Comprehensive Viva- Voce (External)
  • Elective –I
  • Elective –II
  • Elective –III

MBA Finance Syllabus: Elective Subjects

Elective MBA Finance Subjects: Semester 3Elective MBA Finance Subjects: Semester 4
  • Security Analysis
  • Risk Management
  • Principles of Banking
  • Foreign Exchange Management
  • Project Management
  • Corporate Taxation
  • Corporate Financial Reporting
  • Treasury Management
  • Management Control System
  • Personal Finance
  • Research Project
  • Portfolio Management
  • Financial Derivatives
  • Principles of Insurance
  • International Financial Management
  • Funds Management
  • Financial Econometrics
  • Financial Engineering
  • Working Capital Management
  • Behavioral Finance
  • Public Finance
Open Elective MBA Finance Subjects: Semester 3
  • Counseling Skills for Managers
  • Fundamentals of Econometrics
  • Applications of Marketing
  • Export-Import Procedures and Documentation
  • Corporate Governance and Business Ethics

MBA Finance: Subjects

In addition to the fundamental general management courses required for an MBA, the MBA Finance course syllabus also covers the following subjects:

  • Corporate investment management
  • Portfolio management
  • Hedge fund management
  • Small business and corporate finance
  • Investments
  • Securities analysis
  • Borrowing
  • Fundraising
  • Collections
  • Disbursements
  • International Finance
  • Coverage of global financial institutions, valuation, volatility, fixed-income securities, international markets, and macroeconomics

MBA Finance: Skills Required

MBA Finance aspirants require typical business administration skills to pursue this course. Among these are initiative, interpersonal skills, communication skills, problem-solving and analytical skills, teamwork, and leadership. To be successful in this sector, one needs to possess a few functionally specific skills, which are mentioned below:

Strong quantitative skillsTrustworthy and dependable
Leadership qualities and team playerMotivated and ambitious
Critical thinking and pulse on the businessData interpretation and analysis skills
Handle multiple tasks and the ability to take criticism lightlyAbility to perform well under pressure

Top MBA Finance Colleges in India

This section lists the top colleges along with their course fees, placements, and NIRF rankings to help you choose the right college for yourself. Here is a list of the top colleges to pursue an MBA in Finance Courses:

MBA in Finance Colleges

Course Fees

Placements

Ratings (As per NIRF Rankings)

Indian Institute of Management (IIM), BangaloreINR 23,00,000/-INR 19.5 LPA2
Indian Institute of Management (IIMA), AhmedabadINR 22,00,000/-INR 18.26 LPA1
Indian Institute of Management (IIMC), KolkataINR 19,00,000/-INR 18.4 LPA3
FMS Delhi - Faculty of Management Studies, DelhiINR 20,960/-INR 16.2 LPA-
Symbiosis Institute of Business Management [SIBM], PuneINR 19,40,000/-INR 14.23 LPA20
Indian Institute of Technology Bombay, MumbaiINR 1,00,000/-INR 16.5 LPA10
Manipal University - Manipal Academy of Higher Education, ManipalINR 7,60,000/-INR 5 LPA76
National Institute of Technology (NIT), TrichyINR 2,95,650/--48
Indian School of Business (ISB), HyderabadINR 33,34,073/-INR 20.76 LPA-

MBA Finance: Colleges

Given below are the Top MBA Colleges in Indiastate-wise and city-wise:

Top MBA Colleges in India (State-wise)

Top MBA Colleges in India (City-wise)

Top MBA Colleges in Haryana

Top MBA Colleges in Delhi

Top MBA Colleges in Uttar Pradesh

Top MBA Colleges in Mumbai

Top MBA Colleges in Maharashtra

Top MBA Colleges in Chennai

Top MBA Colleges in Tamil Nadu

Top MBA Colleges in Bangalore

Top MBA Colleges in Punjab

Top MBA Colleges in Pune

Top MBA Colleges in West Bengal

Top MBA Colleges in Hyderabad

Top MBA Colleges in Kerala

Top MBA Colleges in Kolkata

Top MBA Colleges in Rajasthan

Top MBA Colleges in Lucknow

MBA Finance: Career

There are several work opportunities in the fields of banking, financial services, and insurance for those with an MBA in finance. One can find work in corporate finance, insurance, financial planning, banking, accounting, taxation, financial investments, portfolio management, taxation & planning, asset and liability finance, hedge fund management, international finance, and insurance management after completing this course.

MBA Finance: Jobs

Every business organization needs finance specialists at the junior, medium, and senior levels to look after the finances and financial assets of the company. An MBA in Finance graduate can work in the banking and non-banking industries. The following is a list of some popular job profiles in the finance industry: 

MBA Finance Jobs 

Job Description

Corporate Finance

The roles and responsibility of Corporate Finance is to identify and secure acquisitions, and merger deals, invest monetary funds, and buying selling financial products for the clients.  

Corporate Banking

Corporate bankers advise private as well as corporate clients in required matters related to finance, acquisitions, mergers, capital markets, etc.

Credit Risk Management

Credit Risk Management roles require job holders to predict future risks, form and implement policies, and procedures that reduce credit risk, and oversee performance report preparation.

Asset Management

Asset management professionals assess the possibility of asset acquisitions and present the reports to the concerned business stakeholders.

Hedge Fund Management

The role of Hedge Fund Managers is to assist individuals in managing hedge fund investments which include investment objectives, fee structures, and liquidity provisions.

Private Equity

The major role of a Private Equity associate is to find investors, help with the investments, and offer aid to existing bank customers in investment-related activities.

Derivatives Structuring

Derivate structuring roles require people to work on derivative trading, modelling, and structuring-related issues.

Treasury

The primary role of Treasury requires to monitor corporate liquidity, risk management, and investments related to the company's financial activities.

MBA Finance: Salary

The table below shows the average salary for various jobs after MBA in finance courses:

MBA-Finance-Salary

Job ProfileAverage Salary
Financial AnalystINR 4.22 LPA
Finance ManagerINR 9.80 LPA
Assistant Vice President - Corporate BankingINR 20.00 LPA
Credit Risk ManagerINR 13.50 LPA
Derivatives TraderINR 3.25 LPA
Portfolio ManagerINR 10.71 LPA
Treasury ManagerINR 9.69 LPA

MBA Finance: Top Recruiters

Some of the top recruiting companies that hire graduates with an MBA in finance are listed below:

  • Morgan Stanley
  • JP Morgan
  • Goldman Sachs
  • Barclays
  • Bain & Co
  • McKinsey
  • Boston Consulting Group
  • KPMG
  • Deloitte

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Frequently Asked Questions

What does an MBA in Finance do?

MBA Finance degree holders can find various job opportunities in both private as well as government sectors. Investment banking, taxation, tax planning, financial statement reporting and analysis, hedge fund management, international finance, asset finance, and insurance management are just a few of the careers for MBA Finance graduates.

Is MBA in finance a good option?

Graduates who are genuinely eager to pursue a profession in finance should unquestionably consider an MBA in finance. MBA in finance offers you the ability and skills to fulfil numerous administrative tasks in the field, which makes it a worthwhile career option.

What is an MBA finance salary?

The average salary for MBA finance can be anywhere between INR 7-20 LPA. Candidates can work as investment bankers, financial analysts, account managers, bank managers, research analysts, and many other positions after successfully completing the MBA Finance course.

Is MBA in finance difficult?

The MBA Finance course is just as demanding as any other MBA course. Some students might find it more difficult than other specializations because math and statistics are frequent MBA finance subjects.

Which job is best for MBA finance?

Some of the best MBA finance jobs include, Investment Banking, Consulting, Merchant Banking, Risk Management, Private Banking, Asset Management, Project Finance and Private Equity/Venture Capital.

What can I do after MBA Finance?

The following are the top options to pursue after completing an MBA finance degree: Financial Risk Management [FRM], Doctor of Business Administration, Certified Information Systems Auditor (CISA)Chartered Financial Analyst [CFA], Ph.D. in Management, ISB's Certificate Programme in Business Analytics, Certification in Risk Management Assurance [CRMA]

What is the eligibility for MBA Finance?

Candidates must successfully earn a bachelor's degree from an accredited university in any discipline that takes at least three years to complete. Additionally, candidates must pass any nationalized MBA entrance exam, such as the CAT, MAT, GMAT, XAT, or NMAT.

How long is an MBA Finance?

The MBA Course duration is 2 years. An MBA focus that includes a selection of courses on finance is known as an MBA Finance, or Master of Business Administration in Finance.

Does MBA Finance require Maths?

To qualify for an MBA in Finance, math is not needed in 12th grade or at the point of graduation. As per MBA Finance eligibility criteria, all you need is a bachelor's degree in any field. It is not necessary to have taken math in high school or at your undergraduate degree level.

Can MBA Finance become CEO?

Finance, marketing, public policy, information technology, environmental sustainability, and health administration are a few MBA specialties that propel future CEOs to the top. Potential CEOs are also prepared through electives like managerial economics, organizational theories, and strategic management.

What are the core courses covered in an MBA finance program?

Core courses in an MBA finance program typically include financial management, investments, financial accounting, corporate finance, risk management, and financial markets.

What are the career prospects after completing an MBA Finance?

After completing an MBA in finance, graduates can pursue various career paths such as financial analyst, investment banker, financial manager, risk manager, portfolio manager, or corporate finance executive.

How long does it typically take to complete an MBA Finance?

The duration of an MBA in finance program is typically two years for full-time students. However, part-time and executive MBA programs may have different durations.

Can I pursue an MBA Finance without a background in finance or business?

While having a background in finance or business can be beneficial, many MBA in finance programs accept students from diverse academic backgrounds. However, some programs may require prerequisite coursework in business or finance.

What skills will I develop during an MBA Finance?

An MBA in finance helps develop skills such as financial analysis, strategic decision-making, risk management, leadership, communication, and critical thinking, all of which are essential for a career in finance.

Is it necessary to have work experience before pursuing an MBA in finance?

While work experience is not always mandatory, many MBA in finance programs prefer candidates with some professional experience as it adds value to classroom discussions and enhances networking opportunities

Can an MBA in finance help me start my own business?

Yes, an MBA in finance can provide valuable knowledge and skills related to entrepreneurship and finance, enabling you to make informed financial decisions and develop a solid business plan for your startup venture.

What are the differences between an MBA in finance and a Master's in Finance degree?

An MBA in finance typically provides a broader business education, covering areas such as marketing, strategy, operations, and leadership, in addition to finance. On the other hand, a Master's in Finance degree focuses primarily on finance-related topics.

Are internships or practical experiences included in an MBA finance program?

Many MBA finance programs offer opportunities for internships or practical experiences, which allow students to gain real-world exposure to finance industry practices and build valuable connections.

Can an MBA in finance be pursued online?

Yes, there are many accredited institutions that offer online MBA in finance programs. Online programs provide flexibility and allow working professionals to earn their degree while balancing other commitments.

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