Top 10 MBA Finance Colleges in India: Colleges offering MBA in Finance

Top 10 MBA Finance Colleges in India: Over the years, an MBA in Finance has become one of the most sought-after specializations because the financial sector is the economy’s backbone of any Country. MBA in Finance has a lot to offer from placements to a programme that teaches mathematics, economics, and finance to the students that also cover economics, as well as administration. 

Colleges offering MBA in Finance specializes students with diverse perspectives on finance, allowing them to pursue careers in different spheres such as Asset Management, Investment Banking, Financial Consulting, Risk Management, and many more. 

Because of growing industry demand, MBA in Finance in India has become one of the most preferred specialized MBA courses.institutions like the IIM Ahmedabad, IIM Bangalore, IIM Kozhikode, and many other leading Top 10 MBA Finance Colleges in India are offering different types of MBA in Finance programs. Check the full list below. 

Top 10 MBA Finance Colleges in India

If you are looking for top MBA in Finance colleges in India, below are the top management colleges with MBA in Finance Courses

Top 10 MBA Finance Colleges in India with Seat Intake

Below is the list of the top 10 MBA Finance Colleges in India along with seat intake.

College Name	Seat Intake
Indian Institute of Management Ahmedabad	385
Indian Institute of Management Bangalore	412
Indian Institute of Management Calcutta	462
Indian School of Business (ISB) , Hyderabad	891
XLRI - Xavier School of Management	360
Indian Institute of Management Lucknow	436
Faculty of Management Studies, University of Delhi	232
Indian Institute of Management Kozhikode	480
SP Jain Institute of Management and Research, Mumbai	276
Indian Institute of Foreign Trade, Delhi	360

Top 10 MBA Finance Colleges in India with NIRF Rankings 2023

NIRF which is also known as National Institutional Ranking Framework is a method that the Indian government adopts to rank top Education institutions. Which is under the Ministry of Education and NIRFs purpose is to rank a college/ University based on various parameters. 

Here is the list of the Top 10 MBA Finance Colleges in India with NIRF Rankings 2023 of MBA Finance colleges in India.

NIRF Ranking 2023	College/ University Name	NIRF Ranking Scores
1	Indian Institute of Management Ahmedabad	83.2
2	Indian Institute of Management Bangalore	80.89
3	Indian Institute of Management Kozhikode	76.48
4	Indian Institute of Management Calcutta	75.53
5	Indian Institute of Technology Delhi	74.14
6	Indian Institute of Management Lucknow	74.11
7	National Institute of Industrial Engineering, Mumbai	71.99
8	Indian Institute of Management Indore	71.95
9	XLRI-Xavier School of Management, Jamshedpur	70.75
10	Indian Institute of Technology Bombay	68.11

Some of the other Top MBA Finance Colleges in India are:

1. Indian Institute of Management(IIM), Indore
2. Indian Institute of Management(IIM), Lucknow
3. Narsee Monjee Institute of Management Studies(NMIMS), Mumbai
4. Indian Institute of Management(IIM), Kozhikode
5. Indian School of Business(ISB), Hyderabad
6. Indian Institute of Foreign Trade(IIFT), New Delhi
7. International Management Institute(IMI), Delhi
8. Indian Institute of Management (IIM), Udaipur
9. Indian Institute of Technology(IIT), Delhi
10. Indian Institute of Management(IIM), Trichy
11. National Institute of Industrial Engineering, Mumbai (NITIE)
12. Indian Institute of Management(IIM), Ranchi
13. Indian Institute of Management(IIM), Shillong
14. Indian Institute of Technology(IIT), Mumbai 
15. Indian Institute of Technology(IIT), Kharagpur 
16. Indian Institute of Management(IIM), Raipur 
17. Xavier Institute of Management, Bhubaneswar (XIMB)
18. Goa Institute of Management, Goa (GIM Goa)
19. Sydenham Institute of Management Studies, Mumbai (SIMSREE)
20. KJ Somaiya Institute of Management Studies and Research, Mumbai (KJSIOM)

Best MBA Finance Colleges in India with low fees

If you are looking for MBA Finance Colleges in India with low fees then check the list of Best MBA Finance Colleges in India with low fees. We understand that it is not for everyone to have all the resources and facilities because of the the institutions fees are high but it should stop you from pursuing your goals but the below list of MBA Finance colleges in India have relatively low fees:

S.No.	College Name	Total Course Fee (INR)
1	Institute of Management Studies (IMS), Ghaziabad	4,00,000
2	Department of Financial Studies (DFS), University of Delhi	68,000
3	Amity Business School, Noida	8,20,000
4	Department of Business Economics, University of Delhi	22,000
5	Jaipuria Institute of Management, Noida	7,90,000

Top Private MBA in Finance Colleges in India

The table below shows the private top MBA Finance colleges in India with fee structure:

S.No.	Private Colleges	Total Tuition Fee
1	NMIMS School of Business Management, Mumbai Admission	INR 24 lakh
2	Management Development Institute Admission	INR 18 lakh
3	S.P. Jain Institute of Management and Research, Mumbai Admission	INR 20 lakh – INR 22 lakh
4	Chandigarh University Admission	INR 5 lakh – INR 6 lakh
5	LPU - Lovely Professional University Admission	INR 8 lakh – INR 10 lakh

Top government MBA in Finance Colleges in India

The table below shows the government top MBA Finance colleges in India with fee structure:

S.No.	Public/Government Colleges	Total Tuition Fee
1	IIM Calcutta Admission	INR 23 lakh
2	IIM Kozhikode Admission	INR 21 lakh
3	IIM Lucknow Admission	INR 13 lakh
4	Jamia Millia Islamia Admission	INR 47,000
5	IIM Raipur Admission	INR 14 lakh

MBA Finance Colleges in India Admission Process in 2024

MBA Finance Colleges in India Admission Process in 2024 typically involves the following steps:

1. Online Application
2. Entrance Exam: CAT (Common Admission Test), XAT (Xavier Aptitude Test), CMAT (Common Management Admission Test), or GMAT (Graduate Management Admission Test).
3. Shortlisting: that is based on the entrance exam scores that you have scored, you as a candidate will be shortlisted for the next round of the selection process accordingly. Every College has their own Cutoff and candidates who want to get into the College need to meet the cutoff are called for further evaluation.
4. Then a Group Discussion (GD) round and Personal Interview (PI): Shortlisted applicants are often asked to engage in group discussions and personal interviews. In the group discussion phase, applicants are given a topic to discuss, and their communication skills, analytical thinking, and teamwork abilities are assessed. During the personal interview process, candidates are interviewed by a panel of professors or industry representatives to determine their eligibility for the program.
5. Written Ability Test (WAT): Some institutions may also have a written ability exam, in which you are assigned a topic and asked to compose an essay or express their opinions on the issue. This exam assesses their written communication abilities and clarity of reasoning.
6. Lastly the Final Selection: The ultimate decision for getting selected  is made based on the candidate's overall performance in the entrance test, GD, PI, WAT, academic background, job experience (if relevant), and other criteria. The shortlisted students are subsequently granted admission to the MBA Finance program.

Best MBA Finance Colleges in India: Eligibility

The eligibility criteria required to get admission to an MBA in Finance are presented below:

• Students who have a bachelor’s degree in any discipline from a recognized university are eligible for it. And in that you need to have a minimum aggregate marks required for the bachelor’s degree is between 50% to 60%.
•  It is advised that before applying for any college you must look at the specific criteria when it comes to academic background, such as a degree in commerce, economics, or business administration because each College has their own eligibility and admission process.
• If you are a candidate in the final year of graduation then also you are also eligible to apply given they submit the necessary documents before the deadline.
• Clear the national entrance exams: Popularly – CAT (Common Admission Test), XAT (Xavier Aptitude Test), CMAT (Common Management Admission Test), or GMAT (Graduate Management Admission Test).
• Work experience is important and may be preferred or required by some colleges, but it is not mandatory for all.

MBA colleges for finance in india: Entrance Exam Wise

For admission to MBA Finance Colleges in India you need to pass the entrance admission exam. There are several MBA entry tests, including the  XAT and GMAT, etc but the most common is the CAT Exam (Common Admission Test). The majority of MBA colleges for finance in India admit students based on their CAT scores. 

Best/Top 10 MBA Finance Colleges in India Under CAT

Almost all the top MBA colleges in India prefer CAT scores for MBA admissions.

• The CAT 2023 test will be held on November 26th, 2023. 
• The official notice for CAT 2023 will be made available online on the IIMCAT website on July 31, 2023.
• The CAT registration period will begin on August 7th, 2023(Tentative).

S.No.	College Name	CAT Cutoff 2023
1	Indian Institute of Management, Ahmedabad	99+ percentile
2	Indian Institute of Management, Bangalore	98+ percentile
3	Indian Institute of Management, Calcutta	98+ percentile
4	Indian Institute of Management, Lucknow	97+ percentile
5	Indian Institute of Management, Kozhikode	97+ percentile
6	Indian Institute of Management, Indore	96+ percentile
7	Faculty of Management Studies, Delhi	95+ percentile
8	Indian Institute of Foreign Trade, Delhi	95+ percentile
9	Xavier School of Management, XLRI	95+ percentile
10	S.P. Jain Institute of Management and Research, Mumbai	90+ percentile

Best MBA Finance Colleges in India without Entrance Exam

Even though many institutions need entrance examinations, such as the CAT, XAT, and so on. However, a few elite universities do not require an entrance exam. These colleges have admissions standards. 

S.No.	College Name	Total Course Fees(INR)
1	Xavier Institute of Management and Entrepreneurship (XIME), Bangalore	12.25 Lakhs
2	School of Management, SRM Institute of Science and Technology, Chennai	7.7 Lakhs
3	New Delhi Institute of Management (NDIM)	9.75 Lakhs
4	Jaypee Business School, Noida	9.78 Lakhs
5	Alliance School of Business, Bangalore	14 Lakhs