best MBA finance colleges in India

A graduate-level curriculum with a focus on finance, the MBA gives students a thorough understanding of economic fundamentals, investment methods and financial management. Core business subjects like international finance, corporate finance, financial markets, investment analysis and risk management are all covered in this course. Advanced topics including financial modeling, portfolio management, mergers and acquisitions and financial reporting are also covered.

Overview

The best MBA Finance Colleges in India are IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIT Delhi, IIM Kozhikode, etc. Most of the MBA in Finance colleges in India have collaborations with reputed companies, financial institutions, and industry experts to facilitate internships, industry projects, and guest lectures.

IIM Ahmedabad and IIM Bangalore are the best MBA Finance colleges in India. They are ranked 1 and 2 among the Top Management Colleges in India by NIRF 2023.
Admission to most of the best MBA colleges in Dehradun is offered via CAT, XAT, MAT, GMAT, etc scores followed by a GD/ PI round. Check the CAT 2023 Dates
The Best Government MBA Finance Colleges in India include IIM Kozhikode, Shailesh J. Mehta School of Management, Department of Management Studies- IIT Roorkee, etc. Check Top Government MBA Colleges in India
MBA in Finance colleges often have strong placement cells that actively engage with companies and recruiters to ensure excellent placement opportunities for their students. The average CTC ranges between INR 15 lakhs to INR 20 lakhs.

Best MBA Finance Colleges in India: Highlights Table

Given below are the key highlights of MBA Finance Colleges in India.

Parameters	Statistics
No. of Colleges	110
Fees	INR 2.1 lakhs to INR 98 lakhs
Specializations	Corporate Finance, Investment Banking, Financial Analysis, Risk Management
Admission Process	Entrance Exam + GD/PI

Best MBA Finance Colleges in India: Admission Process

The admission process for Best MBA Finance Colleges in India typically involves the following steps:

Online Application: candidates are required to fill out the online application available on the official website of the college if they are looking for admission. They are required to fill in all the necessary details
Entrance Exam: Most colleges require candidates to clear the national entrance exams such as CAT (Common Admission Test), XAT (Xavier Aptitude Test), CMAT (Common Management Admission Test), or GMAT (Graduate Management Admission Test).
Shortlisting: Based on the entrance exam scores, candidates are shortlisted for the next round of the selection process. Each college has its cutoff criteria, and candidates who meet the cutoff are called for further evaluation.
Group Discussion (GD) and Personal Interview (PI): Shortlisted candidates are usually required to participate in group discussions and personal interviews. In the group discussion round, candidates are given a topic to discuss, and their communication skills, analytical thinking, and ability to work in a team are evaluated. In the personal interview round, candidates are interviewed by a panel of faculty members or industry professionals to assess their suitability for the program.
Written Ability Test (WAT): Some colleges may also conduct a written ability test, where candidates are given a topic and asked to write an essay or express their views on the given subject. This test helps evaluate their written communication skills and clarity of thought.
Final Selection: The final selection is based on the overall performance of the candidate in the entrance exam, GD, PI, WAT, academic background, work experience (if applicable), and other factors. The selected candidates are then offered 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:

Candidates should have a bachelor’s degree in any discipline from a recognized university
The minimum aggregate marks required for the bachelor’s degree is between 50% to 60%.
Different colleges might have specific criteria when it comes to academic background, such as a degree in commerce, economics, or business administration.
Candidates that are in the final year of graduation are also eligible to apply given they submit the necessary documents before the deadline.
Many colleges require candidates to clear the national entrance exams such as CAT (Common Admission Test), XAT (Xavier Aptitude Test), CMAT (Common Management Admission Test), or GMAT (Graduate Management Admission Test).
Work experience may be preferred or required by some colleges, but it is not mandatory for all.
Candidates must fulfill the age criteria specified by the respective colleges, which is usually between 20 to 30 years.

Best MBA Finance Colleges in India: Entrance Exam Wise

For Admissions in MBA finance colleges. It is crucial to clear the entrance exam. There are various entrance exams for MBA such as XAT, GMAT, etc. But the most popular one is the CAT (Common Admission Test). Majority of the MBA Finance colleges use CAT score as the basis for admission.

Best MBA Finance Colleges in India: FAQs

Ques. Are there any specific entrance exams for MBA finance programs, apart from the common entrance exams?

Ans. Some MBA finance colleges in India conduct their entrance exams in addition to the common exams. For example, the Indian School of Business (ISB) conducts the GMAT or GRE, and the XLRI Jamshedpur conducts the XAT exam for admission to their MBA finance programs.

Ques. Can international students apply to MBA finance colleges in India?

Ans. Yes, many MBA finance colleges in India welcome applications from international students. They may have specific eligibility criteria and admission processes for international candidates. International students should check with their respective colleges for detailed information.

Ques. What are the factors to consider when evaluating the faculty quality of MBA finance colleges?

Ans. When evaluating faculty quality, consider factors such as the qualifications and experience of the faculty members, their industry exposure, research publications, consulting projects, and their contribution to the field of finance. You can also look for guest lectures by industry experts and the faculty-student ratio.