MBA in Finance Colleges in India

In the third part of the top MBA specialization (after Marketing and HR) series, we take a look at the colleges offering the best finance courses. Often considered to be one of the oldest MBA specializations, Finance is the backbone of the economy. Today, the study of finance ranges from corporate and government studies to the banking and insurance sector. It calls for accounting, quantitative and analytical skills with an understanding of economic and finance principles.

What is MBA in Finance?

MBA in Finance is a specialization offered by various B-schools which imparts knowledge on management, control and review of the collection, investment, and resources of money. The course helps the aspirant to learn to analyse the company’s reports, forecast economic trends, how to maximise the stock values, balance risk and profitability and at last investment portfolio management. 

Top 10 MBA Finance Colleges In India: Eligibility and Course Fee

Check some of the best MBA Finance colleges in India which offer the best curriculum along with their course fee and eligibility below: 

1. SP Jain Institute of Management and Research, Mumbai (All): PGDM

SPJIMR’s biggest advantage is that they believe in constant upgrading to market needs and claim to have the highest Industry integration quotient. Because of its presence in the financial capital of the country, SPJIMR classrooms become virtual companies as the industry is easily within reach. The institute is recognized by the University Grants Commission (UGC) and the All India Council of Technical Education (AICTE). The program is designed in such as way that students will acquire financial skills that will help them in strategic planning at top management levels across firms and organizations. 

Fees, Exam Score, and Selection Process

  •  INR 17.5 lakh
  •  CAT | GMAT
  •  GD/PI

2. Narsee Monjee Institute of Management Studies, Mumbai: MBA (Banking)

‘Strategically located’ is the first thing every student mentioned. Being located in Mumbai, Narsee Monjee Institute of Management Studies (NMIMS) has an active corporate interface. According to students, “NMIMS is one of the only a few colleges that offer specialization in Banking. All the facets of the finance domain such as corporate finance, insurance, and risk management, etc. are covered. Even companies coming for placement are very optimistic about the students of this specialization. With RBI giving license to 20-15 more banks, the course has become more important.” NMIMS is ranked fourth for Private MBA by Outlook 2020 and 24 for Private MBA by NIRF 2020.

Fees, Exam Score, and Selection Process

  •  INR 21.9 lakh
  •  NMAT by GMAC
  •  GD/PI

3. KJ Somaiya Institute of Management Studies and Research, Mumbai: PGDM (Financial Services)

“PGDM (FS) offers a unique integration of management concepts in financial markets and techniques followed for market analysis and practices as well as policy formulation. The overall objective is to prepare and enhance the knowledge of the participants in the domestic as well as global financial services which enable them to understand the market complexity and take effective decisions,” informs the official website. KJ Somaiya Institute of Management Studies and Research is ranked 56 for Private MBA by NIRF ranking 2021. It is approved by the AICTE and accredited by the NBA. The renowned institute also conducts various customized Management Development Programmes and Faculty Development Programmes. 

Fees, Exam Score, and Selection Process

  •  INR 18.79 lakh
  •  CAT, CMAT
  •  GD/PI

4. Lal Bahadur Shastri Institute of Management (LBSIM), Delhi/NCR: PGDM (Finance)

At Lal Bahadur Shastri Institute of Management (LBSIM), the course curriculum is an important feature. It includes investment management, treasury management, risk management, strategic accounting and control. The institute offers dual specialization in finance. LBISM is the second institute to set up a terminal (financial laboratory) with Bloomberg. LBSIM is a premiere institute of management and information technology education. 

Fees, Exam Score, and Selection Process

  •  INR 13.34 lakh
  •  CAT | GMAT
  •  GD/PI

CAT 2021 Mock Test will help you to get an idea about the type of questions that will be asked, the exam pattern, and the marking scheme. After taking the test, you can immediately check your score. You can also download the Question Paper along with answers and their explanations for Free. Click below to start the free online test now.

Free CAT 2021 Mock Test 1

CAT 2021 Mock Test will help you to get an idea about the type of questions that will be asked, the exam pattern and marking scheme. After taking the test, you can immediately check your score. You can also download the Question Paper along with answers and their explanations for Free. Click below to start the free online test now.

5. Xavier Institute of Social Service (XISS), Ranchi: PGDM (Finance)

“The primary objective of the course is to impart knowledge and skills and, just as important, to transmit certain values. The institute proposes to make the students aware of occupational mobility and voluntary compliance to ethics, law, and social responsibilities,” informs the official website. Xavier Institute of Social Service (XISS) was established as an extension of St. Xavier’s College, Ranchi. It is ranked 27th by Times for Private MBA in 2021. 

Fees, Exam Score, and Selection Process

  •  INR 8.93 lakh
  •  CAT | CMAT | XAT | MAT | ATMA
  •  GD/PI

6. International School of Business & Media (ISB&M), Pune: PGDM (Finance)

International School of Business and Media (ISB&M) follows the method of combination studies to prepare a finance executive. Apart from theories, the focus is on training, developing skills, and understanding financial markets. The candidates are allocated activities to be solved within a budget. This allows them to gain practical knowledge of theories they read in the books.

Fees, Exam Score, and Selection Process

  •  INR 11.8 lakh
  •  CAT | CMAT | XAT | MAT | ATMA
  •  GD/PI

7. National Institute of Bank Management, Pune: PGDM (Banking & Financial Services)

National Institute of Bank Management (NIBM) was established in 1969 by the Reserve Bank of India in consultation with the Government of India as an autonomous ‘think-tank’ for the Indian banking system. It is one of the very few institutes in India which offers PGDM in a specialization such as Banking & Financial Services. The program is aimed at providing to the financial system, on a regular basis, a pool of talented young executives who are thoroughly trained in Foundations, Analytical Skills, and Perspectives in Banking and Finance and fully prepared to shoulder managerial responsibilities in the banking and financial sector.

Fees, Exam Score and Selection Process

  •  INR 10.38 lakh
  •  CAT | MAT | CMAT
  •  GD/PI

8. Institute of Public Enterprise (IPE), Hyderabad: PGDM (Banking, Insurance and Financial Services)

“Our foray into management education began in 1981 with the commencement of a three-year part-time MBA (PE) programme for practising managers. The full-time management education program started in 1995. Today, the Institute of Public Enterprise (IPE) has its well-defined and carefully structured programmes in PGDM, PGDM-RM, PGDM- BIF, PGDM-IB, PGDM- HRM and Exe. PGDM. These programmes are not only AICTE recognised, but also have accreditations from the Association of Indian Universities (AIU) and the international SAQS recognition,” says director R K Mishra.

Fees, Exam Score and Selection Process

  • INR 8.15 lakh
  •  CAT | XAT | GMAT| MAT | ATMA | CMAT
  •  GD/PI

9. SCMS School of Business, Kochi: PGDM (Insurance & Banking)

“Finance services are the backbone of the economy. So we decided to offer PGDM (Insurance & Banking). The course has been accepted well. The curriculum has been designed by the industry itself. The standard reflects in candidates, who have been absorbed in various places across the industry,” says Pramod P Thevannoor, Group Director, SCMS Group of Institutes. SCMS School of Business has ranked first in Kerala and is approved by All India Council for Technical Education (AICTE)and is accredited by National Board of Accreditation (NBA). SCMS School of Business was the first B-School in India to get ISO certification for quality teaching and still remains certified under ISO.

Fees, Exam Score and Selection Process

  •  INR 7.5 lakh
  •  CAT | MAT | XAT| ATMA | CMAT | KMAT Kerala
  •  GD/PI

10. MIT-SOB: MIT School of Business, Pune: PGDM (Finance)

At MIT-SOB, finance students are allowed to select areas of their choice from a basket of subjects. There are various tie-ups in order to upgrade skills based on industry trend. Our current tie-ups include:

Fees, Exam Score and Selection Process

  •  INR 7.05 lakh
  •  CAT | MAT | XAT | MAH-CET | CMAT
  •  GD/PI

These colleges are not listed in any particular order or ranking. Click here to explore more about MBA institutes and top-ranked colleges.

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