Pursuing an MBA in Finance is a proactive approach to establishing a career in the financial domain. India is home to top management institutes; hence, students can find MBA Finance colleges of extremely high quality that provide specialized training in finance, banking management, investment, and corporate finance management.
Best MBA Finance Colleges in India with Ranking
India has a vast number of management institutes, that's known for their MBA finance programs. The following are leading colleges based on different rankings for 2024-2025, including NIRF and others by private educational bodies:
Rank | College Name | Location | Key Highlights |
1 | Kozhikode | Top-ranked MBA Finance program, AMBA and EQUIS accredited, comprehensive PGP-Finance curriculum | |
2 | Kolkata | Premier institute for business analytics and finance, consistently high placement and ROI | |
3 | Pune | Customized practical learning model with strong business connect | |
4 | Mumbai | Globally accredited with strong industry affiliation | |
5 | Jamshedpur | Renowned for finance and general management programs, excellent placement | |
6 | Mumbai | Industry-focused curriculum, strong corporate links in finance | |
7 | Ghaziabad | Specialized in finance with case-study and analytical approach | |
8 | Delhi | High ROI, top management programs with affordable fee structure | |
9 | Bangalore | Strong finance faculty, excellent placement, and global ranking | |
10 | Hyderabad | One-year flagship MBA with finance electives, top salary packages |
These institutes are among the best overall, but they offer a very comprehensive MBA in Finance syllabus, good faculty, and high placements.
Best MBA Finance Colleges in India that Accept CAT Scores
Candidates should study vigorously for the CAT Exam for MBA in order to contest for seats in these colleges. The CAT exam evaluates quantitative aptitude, verbal ability, and logical reasoning.
Rank | MBA Finance College Name | Location | Highlights |
1 | IIM Kozhikode | Kozhikode | Top NIRF-ranked, strong finance curriculum, excellent placements |
2 | IIM Calcutta | Kolkata | Premier institute, global exposure, high salary packages |
3 | Lucknow | Rigorous finance specialization, strong industry links | |
4 | Symbiosis SIBM Pune | Pune | Practical learning, renowned private B-school |
5 | SP Jain Institute | Mumbai | International accreditations, excellent corporate connections |
6 | XLRI Jamshedpur | Jamshedpur | Premier management institute, strong finance focus |
7 | NMIMS Mumbai | Mumbai | Industry-oriented syllabus, reputed private university |
8 | IMT Ghaziabad | Ghaziabad | Good placements, comprehensive finance program |
9 | FMS Delhi | Delhi | Affordable fees, excellent ROI, government institute |
10 | IIM Bangalore | Bangalore | Top-ranked, strong alumni, excellent placements |
Top Private MBA Finance Colleges in India: Admission, Fees, and Rankings
Private MBA Finance colleges in India have significantly multiplied in recent times and have excellent infrastructure and institutional ties with industry. Major private players include:
Rank | College Name | Location | Key Highlights |
1 | Symbiosis Institute of Business Management (SIBM) | Pune | Well-known for customized practical learning & strong business connect |
2 | NMIMS (Narsee Monjee Institute of Management Studies) | Mumbai | Industry-focused curriculum & excellent placement records |
3 | SP Jain Institute of Management & Research | Mumbai | Globally accredited, strong industry tie-ups, top recruiters |
4 | Chandigarh University | Chandigarh | Rapidly growing private university with good infra and multiple management programs |
5 | IMT Ghaziabad | Ghaziabad | Specializes in finance with strong analytical & leadership focus |
6 | Great Lakes Institute of Management | Chennai | Known for analytics-driven finance programs and corporate interface |
7 | Flame University | Pune | Innovative teaching pedagogy and strong focus on finance and entrepreneurship |
8 | Jain University | Bangalore | Offers diverse management programs with reputed finance faculty |
9 | Ansal University | Gurgaon | Integrated MBA finance curriculum with good industry partnerships |
10 | Welingkar Institute of Management | Mumbai | Emphasizes practical business finance & entrepreneurship training |
Admission typically requires a valid score in quality entrance exams, i.e., CAT, XAT, and CMAT. The fees for private institutes vary from (INR 8 lakhs to 20 lakhs for the whole course), depending on the college's quality and amenities
Top Government MBA Finance Colleges in India: Admission, Fees, and Ranking
Government-owned universities are reputed for quality education at lower costs. The following are some of the best government MBA finance colleges:
Rank | College Name | Location | Approximate Fees (INR) | Key Highlights |
1 | Indian Institute of Management (IIM) Ahmedabad | Ahmedabad | ₹24.61 Lakhs | Top-ranked MBA, rigorous academics, best placements |
2 | Faculty of Management Studies (FMS), Delhi University | Delhi | ₹1.92 Lakhs | High ROI, excellent faculty, industry strong links |
3 | IIM Bangalore | Bengaluru | ₹24.5 Lakhs | Premier institute, strong finance specialization |
4 | IIM Calcutta | Kolkata | ₹27 Lakhs | Business analytics and finance expertise |
5 | IIM Lucknow | Lucknow | ₹20.7 Lakhs | Balanced curriculum, reputed faculty and network |
6 | IIM Kozhikode | Kozhikode | ₹17.5 Lakhs | Emerging leader, renowned for finance and tech integration |
7 | Indian Institute of Technology (IIT) Delhi - DMS | Delhi | ₹9.60 Lakhs | Excellent technical environment, growing management dept |
8 | IIM Indore | Indore | ₹21.14 Lakhs | Expanding programs, good industry tie-ups |
9 | Jamia Millia Islamia | Delhi | ₹3 Lakhs | Government university, good value for money, diverse cohort |
10 | National Institutes of Technology (NITs) - Various | Across India | ₹8-15 Lakhs | Recognized technical institutes with emerging quality MBA programs |
The cost of attending a government college is much lower, around INR 2 to 6 lakhs for the whole course. This makes them poorer, but the highest returning investment.
Top Distance MBA Finance Colleges in India: Admission and Fees
Distance MBA Finance programs are targeted to working individuals and offer the flexibility of learning. Popular institutes to do distance MBA in Finance:
Rank | College Name | Location | Approximate Fees (INR) | Key Highlights | Accreditation/Ranking |
1 | NMIMS (Narsee Monjee Institute of Management Studies) Online | Mumbai | ₹2,10,000 | UGC-DEB & NAAC ‘A+’ accredited, 10 specializations, strong placement record | Top in distance MBA finance |
2 | Amity University Online | Noida | ₹1,99,000 - ₹2,99,000 | Flexible learning, UGC-DEB approved, varied finance specializations | Popular among distance learners |
3 | Symbiosis Centre for Distance Learning (SCDL) | Pune | ₹75,000 - ₹3,15,000 | AICTE & UGC-DEB recognized, merit-based admissions, career support offered | Ranked 32 in NIRF (2024) |
4 | Indira Gandhi National Open University (IGNOU) | Delhi | ₹64,000 | Most affordable, wide acceptance, flexible schedules | National open university |
5 | Chandigarh University | Chandigarh | ₹71,000 - ₹1,58,000 | NAAC A+ accredited, UGC-DEB recognized, multiple finance specializations | NIRF ranked |
6 | DY Patil University Distance MBA | Pune | ₹1,89,000 | Industry oriented curriculum, flexible exam system | Private University rankings |
7 | University of Madras Distance MBA | Chennai | ₹44,690 | Affordable, UGC recognized, research driven curriculum | NAAC accredited |
8 | Jain University Distance MBA | Bangalore | ₹96,500 | Good corporate connect, UGC DEB-approved | Private rankings |
9 | Lovely Professional University (LPU) | Punjab | ₹66,000 | Modern infrastructure, industry collaboration | NAAC A+ accredited |
10 | Manipal University Distance MBA | Manipal | ₹1,10,000 | Blended learning models, UGC approved | Recognized by AICTE, UGC |
Distance MBA in Finance fees range from INR 30,000 and INR 2 lakhs. Generally, admission is based on merit or through online applications, making it a convenient and low-cost option for study.
Top MBA Finance Colleges in India: Fee Vs Salary
This fee structure varies broadly:
College Type | Average Fees (INR) | Average Salary Package (INR LPA) | Key Highlights |
Top IIMs | 15-23 Lakhs | 20-35+ LPA | Premier institutes with global recognition and top recruiters |
Private Colleges | 8-20 Lakhs | 6-15 LPA | Modern curriculum, corporate tie-ups, growing placements |
Government Colleges | 2-6 Lakhs | 10-25 LPA | High ROI, affordable fees, strong academic reputation |
Distance MBA | 0.3-2 Lakhs | 4-8 LPA | Flexible learning mode for working professionals |
Tier-2 B-Schools | 5-12 Lakhs | 5-10 LPA | Emerging colleges, improving industry connections |
ISB Hyderabad | 30-45 Lakhs | 25-40 LPA | One-year flagship program with exceptional salary growth |
XLRI Jamshedpur | 23-30 Lakhs | 25-32 LPA | Renowned for finance and analytics, strong recruiter base |
FMS Delhi | 1.9-2.5 Lakhs | 28-35 LPA | Excellent ROI with affordable fees |
NMIMS Mumbai | 12-25 Lakhs | 20-27 LPA | Diverse programs, strong industry reputation |
IMT Ghaziabad | 15-17 Lakhs | 18-25 LPA | Leadership focus, growing alumni network |
Top MBA Finance college brings the opportunity for lucrative salary packages, especially from IIMs, where average placements are above INR 20 lakh per year.
Top MBA Finance Colleges in India: Placement and Top Recruiters
Some of the top recruiters for MBA Finance graduates from reputed colleges include:
- Goldman Sachs
- JP Morgan
- Deloitte
- KPMG
- American Express
- Morgan Stanley
- Axis Bank
- ICICI Bank
Placement statistics reflect the demand for talented and skilled finance professionals with analytical thinking and managerial skills, with several top colleges reporting 90-100% placement rates.
Top-Ranked Low-Cost MBA Finance Colleges in India
For those looking for affordable quality, a few government and private colleges offer affordable MBA Finance:
Rank | College Name | Location | Approximate Fees (INR) | Average Salary (INR LPA) | Key Highlights |
1 | Faculty of Management Studies (FMS) | Delhi | ₹2.32 Lakhs | 34.1 LPA | Top government B-school with excellent ROI |
2 | Jamia Millia Islamia | Delhi | ₹1.2 Lakhs | 7-8 LPA | Affordable fees, growing reputation |
3 | Pondicherry University | Pondicherry | ₹60,000 - ₹80,000 | 5-6 LPA | Affordable government university |
4 | Andhra University | Visakhapatnam | ₹50,000 - ₹70,000 | 4-5 LPA | Cost-effective with decent placement support |
5 | Delhi School of Economics | Delhi | ₹62,000 | 13-15 LPA | Strong economics and finance department |
6 | Department of Financial Studies | Delhi | ₹52,000 | 15-16 LPA | Specialized finance programs |
7 | Ambedkar University | Delhi | ₹3.5 Lakhs | 7.5 LPA | Government institute with good faculty |
8 | IMS Ghaziabad | Ghaziabad | ₹2.5 Lakhs | 6-7.5 LPA | Practical-oriented curriculum |
9 | Tata Institute of Social Sciences (TISS) | Mumbai | ₹1.8 Lakhs | 12-14 LPA | Government-aided institute with holistic learning |
10 | Nagpur University | Nagpur | ₹40,000 - ₹60,000 | 4-5 LPA | Affordable and growing reputation |
Top MBA Finance Colleges in India: Specializations
MBA Finance focuses on numerous specialized branches, which include:
Rank | Specialization | Key Focus Areas | Popular Career Roles | Top Colleges Offering Specialization |
1 | Investment Banking | IPO management, Mergers & Acquisitions, Fund Raising | Investment Banker, M&A Specialist, Equity Analyst | IIM Ahmedabad, IIM Calcutta, NMIMS Mumbai |
2 | Financial Risk Management | Risk assessment, Credit risk, Operational risk | Risk Manager, Credit Analyst, Compliance Officer | XLRI Jamshedpur, FMS Delhi, IIM Bangalore |
3 | Corporate Finance | Capital budgeting, Financial planning, Fund management | Finance Manager, Corporate Treasurer, CFO | IIM Lucknow, IIM Kozhikode, SP Jain Mumbai |
4 | Banking and Financial Services | Retail banking, Fund management, Compliance | Branch Manager, Retail Banking Officer | SIBM Pune, IMT Ghaziabad, Jamia Millia Islamia |
5 | Financial Markets and Operations | Stock markets, Derivatives, Portfolio management | Portfolio Manager, Trader, Market Analyst | NMIMS Mumbai, IIM Bangalore, FMS Delhi |
6 | Financial Analytics | Data analysis, Predictive modeling, Data-driven strategy | Financial Analyst, Data Scientist | ISB Hyderabad, IIT Delhi DMS, Great Lakes Chennai |
7 | International Finance | Forex, Global financial markets, Cross-border funding | Forex Trader, International Finance Manager | IIM Calcutta, IIFT Delhi, XLRI Jamshedpur |
8 | Personal Financial Planning | Wealth management, Retirement planning, Tax planning | Financial Planner, Wealth Manager | Symbiosis Pune, Amity University |
9 | Treasury and Cash Management | Liquidity management, Cash flow forecasting | Treasury Manager, Cash Manager | IIM Ahmedabad, NMIMS Mumbai |
10 | Financial Technology (FinTech) | Blockchain, Cryptocurrency, Payment systems | FinTech Analyst, Blockchain Developer | IIT Bombay, ISB Hyderabad |
These MBA specializations enable students to tailor their education to specific goals, while also enhancing their employability in the finance sector.
Top MBA Finance Colleges in India: Cost Wise
Cost-wise, MBA Finance colleges can be grouped as:
Rank | MBA Finance College Name | Location | Highlights |
1 | IIM Kozhikode | Kozhikode | Top NIRF-ranked, strong finance curriculum, excellent placements |
2 | IIM Calcutta | Kolkata | Premier institute, global exposure, high salary packages |
3 | IIM Lucknow | Lucknow | Rigorous finance specialization, strong industry links |
4 | Symbiosis SIBM Pune | Pune | Practical learning, renowned private B-school |
5 | SP Jain Institute | Mumbai | International accreditations, excellent corporate connections |
6 | XLRI Jamshedpur | Jamshedpur | Premier management institute, strong finance focus |
7 | NMIMS Mumbai | Mumbai | Industry-oriented syllabus, reputed private university |
8 | IMT Ghaziabad | Ghaziabad | Good placements, comprehensive finance program |
9 | FMS Delhi | Delhi | Affordable fees, excellent ROI, government institute |
10 | IIM Bangalore | Bangalore | Top-ranked, strong alumni, excellent placements |
In conclusion, choosing an MBA Finance college in India is a life-defining choice with far-reaching consequences on your future career in finance. There are options to choose from, including IIMs, other top-rated colleges, and reputable private and government colleges. Prospective MBA Finance students should look at the quality of the curriculum, the MBA in Finance Admission Process, students' placement record, fee structure, and the gateway of entrance exams. The best MBA Finance colleges in India offer specialized finance programming that enhances the study of the finance industry, and quite often they offer placement recommendations with attractive salary packages.
