An MBA Specialization in Finance is a postgraduate program designed to equip you with the essential knowledge and skills needed to excel in the dynamic financial landscape. An MBA specialization in finance can be a valuable asset for individuals seeking to advance their careers in the financial services industry. It can also benefit individuals who want to start their businesses or work in other industries heavily reliant on financial expertise.
An MBA in Finance is a highly sought-after degree in India, offering many benefits for aspiring professionals.
Feature |
Description |
Course Name |
MBA in Finance |
Course Level |
Postgraduate |
Course Duration |
2 years |
Specialization |
Finance |
Entrance Exams |
CAT, MAT, XAT, CMAT, SNAP etc. |
Course Fee |
INR 60,000-13 LPA |
Average Salary |
INR 5 Lakh to INR 20 LPA |
Job Profiles |
Investment banking, Commercial banking, Financial services, Corporate finance, Consulting, FinTech, Leadership positions |
Best Colleges |
Indian Institute of Management (IIMs), Indian School of Business (ISB), XLRI Jamshedpur, SP Jain Institute of Management and Research, NMIMS Mumbai, MDI Gurgaon |
Mode of Study |
Full-time, Part-time, Online, Distance |
To pursue an MBA in finance, aspiring students must meet the following eligibility criteria
Feature |
Requirement |
Bachelor's degree |
Yes |
Minimum percentage marks |
50% or equivalent |
Work experience |
May be required (1-3 years) |
Entrance exams |
CAT, MAT, XAT, CMAT, SNAP, etc. |
The curriculum of an MBA in Finance in India typically includes a combination of core finance courses, electives, and general management courses. The specific courses offered can vary depending on the institution, but some common core topics include
Subject |
Description |
Semester 1 |
|
Management Concepts & Organization |
Introduction to management principles, functions, and organizational behavior. |
Financial Accounting & Analysis |
Understanding financial statements and using them for financial analysis. |
Cost and Management Accounting |
Cost accounting techniques for decision-making and planning. |
Business Statistics |
Introduction to statistical methods used in business. |
Business Economics |
Microeconomic and macroeconomic concepts applied to business decisions. |
Business Law |
Legal environment of business, including contracts, torts, and property law. |
Semester 2 |
|
Human Resource Management |
Human resource policies, practices, and strategies. |
Marketing Management |
Marketing principles and strategies for creating and delivering value to customers. |
Operations Management |
Designing and managing efficient and effective operations systems. |
Organizational Behaviour |
Understanding individual and group behavior in organizations. |
Strategic Management |
Formulating and implementing strategies for competitive advantage. |
Financial Management |
Corporate finance principles and techniques for capital budgeting, financing, and dividend policy. |
Semester 3 |
|
Business Research Methods |
Research methodologies for conducting business research. |
Legal Aspects of Business |
Legal issues faced by businesses, such as contracts, intellectual property, and regulatory compliance. |
Security Analysis and Portfolio Management |
Investment analysis and management of investment portfolios. |
Mergers and Acquisitions |
Strategies and techniques for mergers and acquisitions. |
International Financial Management |
Financial management in a global economy. |
Financial Risk Management |
Identifying, measuring, and managing financial risks. |
Semester 4 |
|
Information Systems |
Business applications of information technology. |
Business Analytics |
Using data to make informed business decisions. |
Entrepreneurship |
Starting and managing new ventures. |
Strategic Management |
Implementing strategies for competitive advantage. |
International Business Environment |
The global business environment and its impact on firms. |
Individual Project Work |
Independent research project on a finance-related topic. |
This is a general overview of a typical MBA in Finance syllabus. The specific syllabus may vary depending on the university or college.
Many career options are available to MBA in Finance graduates. With their strong analytical and problem-solving skills, as well as their understanding of financial markets and institutions, MBA in Finance graduates are in high demand across a wide range of industries.
Job Title |
Description |
Investment Banker |
Assist companies with raising capital, managing mergers & acquisitions |
Financial Analyst |
Research and analyze financial data to support investment decisions |
Finance Manager |
Oversee the company's financial operations including budgeting, forecasting, & risk management |
Financial Consultant |
Advise businesses on financial matters like mergers & acquisitions, valuation, & risk management |
Private Equity Associate |
Invest in high-growth potential private companies |
Financial Advisor |
Provide financial advice and investment management services to individuals and families |
Risk Manager |
Identify, assess, and develop strategies to mitigate financial risks faced by a company |
Corporate Controller |
Oversee the accounting and financial reporting functions of a company |
Portfolio Manager |
Manage investment portfolios for individuals or institutions |
Equity Research Analyst |
Research and analyze stocks to make investment recommendations |
Credit Analyst |
Assess the creditworthiness of borrowers to determine loan approvals |
Business Analyst |
Analyze business data to identify opportunities for improvement and develop strategies for growth |
Here are some of the top MBA in Finance colleges in India, both private and government
Private Institutes |
Govt Colleges |
S. P. Jain Institute of Management and Research, Mumbai (SPJIMR Mumbai) |
Indian Institute of Management Ahmedabad (IIMA) |
Narsee Monjee Institute of Management Studies, Mumbai (NMIMS Mumbai) |
Indian Institute of Management Calcutta (IIMC) - Kolkata |
Management Development Institute, Gurgaon (MDI) |
Indian Institute of Management Bangalore (IIMB) - Bangalore |
Symbiosis Institute of Business Management, Pune (SIBM Pune) |
Faculty of Management Studies, University of Delhi (FMS) |
Institute of Management Technology, Ghaziabad (IMT) |
Department of Management Studies, Indian Institute of Technology Delhi (IIT Delhi) |
Great Lakes Institute of Management, Chennai (GLIM Chennai) - Chennai |
Indian Institute of Management Lucknow (IIML) - Lucknow |
Several companies actively hire MBA graduates specializing in finance. Here are some of the top recruiters:
Goldman Sachs |
Bain & Company |
JP Morgan Chase & Co |
Flipkart |
Reliance Industries |
Accenture |
HDFC Bank |
KPMG |
Adobe |
Tata Consultancy Services |
Morgan Stanley |
ICICI Bank |
It depends on your career goals. Top choices include Goldman Sachs, Morgan Stanley, and Boston Consulting.
Bachelor's degree with 50% CGPA, strong entrance exam score, and work experience (optional). Specific requirements vary by institution.
Yes, an MBA in Finance can be a good option in India. It offers high salaries, strong job growth, and diverse career paths.