Finance is considered the backbone of all economies. Moreover, pursuing an MBA in finance can open doors to great careers, such as investment banking, corporate banking, financial consulting, and many more. However, choosing the right MBA college is essential for strengthening your financial expertise so that you can advance well in your career. Hence, look no further, as we have you covered. So, let’s explore the top 10 MBA colleges for finance.
If you’re planning to pursue your MBA in finance from India, then you should certainly target the top management institutes for your education. These include the IIMs and other business schools such as NMIMS, FMS, SPJIMR, etc. Moreover, to get admission in such prestigious institutions you’ll have to ace the CAT exam, which is held once every year.
About MBA in Finance
One of the most popular specializations in business school is an MBA in finance, which gives students a thorough understanding of economic trends, investment strategies, and financial management. Hence, for those wanting to pursue careers in corporate finance, wealth management, investment banking, or financial consulting, this specialization is perfect.
The Curriculum Typically Covers Subjects Such As:
- Financial analysis,
- Portfolio Management,
- Corporate Finance,
- Risk Management, and
- International Finance.
Further, students also develop leadership, strategic thinking, and problem-solving skills.
Top 10 MBA Colleges for Finance in India
IIM Ahmedabad
IIM Ahmedabad holds NIRF ranking 1 and is considered the most prestigious business school of the country offering excellent managerial education. Further, its flagship 2-year MBA program offers a specialization in finance for students aiming to pursue careers in the finance industry. In fact, IIM Ahmedabad consistently achieves 100% placement for its students, making it a top destination for aspiring finance professionals.
In other words, IIM Ahmedabad is a dream college for every MBA aspirant. So, if you also want to study in the no. 1 business school of India then give your best shot in the CAT exam.
Fees: ₹25 Lakhs
- Exams Accepted: CAT
- Average Package: ₹36.14 LPA
IIM Bangalore
IIM Bangalore is another top-ranked institution known for its prestigious PGP program. Moreover, this program offers electives such as derivatives, investments, and risk management, which are favored by finance students.
- Fees: ₹24.5 Lakhs
- Exams Accepted: CAT
- Average Package: ₹35.92 LPA
IIM Calcutta
Ranked #5 by NIRF, IIM Calcutta is renowned for its excellent management programs. In fact, it was the first ever established IIM of India. Today, this institute boasts an excellent placement record. So, some top recruiters include McKinsey & Co., Boston Consulting Group (BCG), JP Morgan Chase, Goldman Sachs, and Bain & Company.
- Fees: ₹27 Lakhs
- Exams Accepted: CAT
- Average Package: ₹35.07 LPA
XLRI Jamshedpur
XLRI Jamshedpur is one of the top business schools in India, holding NIRF ranking 8. Moreover, companies like Accenture, Deloitte, Aditya Birla Group, Tata Consultancy Services, HUL, and ICICI Bank are top recruiters at XLRI. Further, XLRI is not just leading in the finance sphere but it also offers excellent human resource management education. As a result of which many students aspire to join this business school for HR. Also, to take admission in this prestigious institute one has to ace in the XAT exam. Thus, review the XAT syllabus beforehand to start your preparation.
- Fees: ₹27.4 Lakhs
- Exams Accepted: XAT
- Average Package: ₹29.89 LPA
Quick Tip
- Aim at the right score by reviewing the XAT score vs percentile of past years.
FMS Delhi
The Faculty of Management Studies (FMS), Delhi, offers specializations in corporate finance, financial analysis, financial modeling, and investment banking. Moreover, some prominent recruiters include Deloitte, HSBC, ICICI Bank, HDFC Bank, and PwC.
- Fees: ₹2 Lakhs
- Exams Accepted: CAT
- Average Package: ₹34.1 LPA
SPJIMR
The S.P. Jain Institute of Management and Research (SPJIMR), offers specializations in Global Finance, Corporate Finance, and Financial Markets. Further, major recruiters include Bain & Co., HSBC, Tata Capital, JP Morgan Chase, and CitiBank.
- Fees: ₹22.5 Lakhs (PGDM)
- Exams Accepted: CAT
- Average Package: ₹33 LPA
MDI Gurgaon
Ranked #11 by NIRF, the Management Development Institute (MDI) Gurgaon is known for its excellent MBA programs, particularly in business management, accounting, and finance. Moreover, leading recruiters include KPMG, Deloitte, HSBC, Goldman Sachs, and JP Morgan.
- Fees: ₹24.99 Lakhs
- Exams Accepted: CAT
- Average Package: ₹25.5 LPA
NMIMS Mumbai
Narsee Monjee Institute of Management Studies (NMIMS), Mumbai, offers specializations in corporate finance, financial modeling, investment banking, and risk management. Moreover, it boasts great placements in finance, with recruiters from investment banking, private equity, and corporate finance.
- Fees: ₹25 Lakhs
- Exams Accepted: NMAT
- Average Package: ₹25.13 LPA
IIM Indore
Ranked #8 by NIRF, IIM Indore offers a wide range of management programs. Moreover, its finance specialization offers courses in corporate finance, financial markets, and investment management. Further, companies such as JP Morgan, Deutsche Bank, EY, KPMG, and HDFC Bank regularly recruit from IIM Indore.
- Fees: ₹21.14 Lakhs (approx.)
- Exams Accepted: CAT
- Average Package: ₹25.68 LPA
SIBM Pune
Symbiosis Institute of Business Management (SIBM), Pune holds the 13th position in NIRF ranking. It offers various management specializations and the one in finance is very popular. SIBM Pune presents an excellent placement record in finance, with students securing roles in areas like corporate finance, risk management, and financial consulting.
- Fees: ₹26.59 Lakhs
- Exams Accepted: SNAP
- Average Package: ₹28.16 LPA
Top High-Paying Jobs After MBA in Finance
So, here are the top positions that you can aim at:
- Financial Analyst
- Finance Manager
- Chief Finance Officer
- Accounting Manager
- Credit Manager
- Equity Researcher
- Corporate Controller
- Investment Banker
- Risk Manager
- Assistant General Manager
Wrapping
Now that you have a clear idea about the various MBA colleges for finance present in India, thus you can choose the right one for you. In fact, selecting the right MBA college is essential for building a successful career. Moreover, a great college offers quality curriculum, experienced faculty, and strong industry connections, hence helping you excel in your career. So, good luck on your journey to make it to the best business school!
