Content Curator | Updated on - Mar 30, 2026

Master of Business Administration (MBA) in Finance is a 2-year full-time postgraduate program offered by International Institute of Professional Studies (IIPS), Indore, affiliated with Devi Ahilya Vishwavidyalaya. This specialized program is designed to develop leadership qualities, business skills, and managerial competencies with a focus on financial management, investment analysis, and corporate finance. The total fees for the course is 1.37 lakhs, making it highly affordable for aspiring finance professionals. The primary entrance exam is CMAT (Common Management Admission Test), and the program has an intake of 40 seats. The course is offered in on-campus full-time mode of study. This specialization is particularly popular among students aspiring to build careers in banking, investment analysis, financial consulting, and corporate finance sectors.

Admission for the MBA (Finance) program at IIPS Indore is currently ongoing for the 2026 academic year. The application deadline for CMAT 2026 was November 24, 2025, with the exam conducted on January 25, 2026, and results announced on February 13, 2026. Counselling and seat allocation are expected to be completed by March 2026, with classes commencing in June 2026.

Key Points:

Specialized curriculum covering financial management, investment analysis, and corporate finance
Emphasis on international finance and advanced financial instruments
Dual specialization options available (Finance + Marketing, Finance + HR, Finance + Business Analytics)
Strong focus on practical application through case discussions, industry visits, and projects
Internship opportunities with leading financial institutions and banks

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Highlights
Fees
Admission
Scholarships
Cutoff
FAQs

IIPS MBA (Finance) Fees

The MBA (Finance) program at IIPS Indore is one of the most affordable postgraduate management programs in India. The total fees of 1.37 lakhs covers tuition and other charges spread across the 2-year duration. The annual fees work out to approximately 68,500 INR, making it accessible to students from diverse economic backgrounds. The college also offers scholarships for SC, ST, and OBC students below the creamy layer, which can cover up to 50% of the fees. Additionally, government-authorized bank loans are available for eligible students.

Fee Structure

Fee Component	Amount (INR)
Tuition Fee	66,000
Other Charges	71,000
Total Fees	1,37,000

Fees are refundable as per college norms.
Scholarships available for SC, ST, OBC (below creamy layer), and EWS categories.
Bank loans available through government-authorized institutions.
No hostel fees included as hostel is optional.

IIPS MBA (Finance) Admission 2026

The admission process for MBA (Finance) at IIPS Indore is merit-based and conducted through CMAT (Common Management Admission Test) followed by counselling. The college follows a transparent and systematic approach to select the most deserving candidates. Candidates are ranked based on their CMAT scores, and seat allocation is done through multiple counselling rounds considering category-wise reservations.

Important Dates

Event	Date
CMAT Registration Start	October 17, 2025
CMAT Registration End	November 24, 2025
CMAT Admit Card Release	January 21, 2026
CMAT Exam Date	January 25, 2026
CMAT Answer Key Release	January 31, 2026
CMAT Result Announcement	February 13, 2026
Counselling Round 1	February 20, 2026 (Tentative)
Counselling Round 2	February 27, 2026 (Tentative)
Class Commencement	June 2026

The dates mentioned above are tentative and subject to change.

Eligibility Criteria

Bachelor's degree in any discipline with a minimum of 50% marks from a recognized university
Valid CMAT score (Common Management Admission Test)
Relaxation of 5% in eligibility marks for SC, ST, OBC candidates of Madhya Pradesh and Physically Challenged (Divyang) candidates

Admission Process

Candidates must register and appear for CMAT conducted by All India Council for Technical Education (AICTE)
Merit list is prepared based on CMAT scores
Eligible candidates are called for counselling in multiple rounds
Candidates exercise their choice of specialization during counselling
Final seat allocation is done based on merit, category, and choice of specialization

IIPS Indore: Students' Opinion

AI-Generated Summary based on 3 Reviews

Admission to this college's full-time courses requires a CMAT merit list appearance, while programs like MBA in Tourism or Advertisement need a CET exam, with a 74% score mentioned. Candidates attend DET counseling for college allocation post-score. The management department has 28 faculty members, mainly PhD holders, praised for their teaching and support. The college offers competitive fees: the MBA program costs 45,000 INR per semester, totaling 180,000 INR over two years.

The first-year fee is 81,822 INR, and the second year is 76,822 INR, with an overall 1.59 lakh INR fee. The placement rate is strong, with 80% of students placed and 90% participating. Recruiters include Deloitte, Flipkart, and Axis Bank, with the highest package at 12 LPA. The placement cell supports students from the 4th semester. Scholarships are available for ST, SC, OBC, merit-cum-means, physically disabled, and minority students, including the Mukhya Mantri Medhavi Vidhyarti Yojana (MMMVY).

The average semester fee is 35,000 INR, totaling 140,000 INR for the MBA program.

By Collegedunia’s Personal AI

IIPS MBA (Finance) Scholarships 2026

IIPS Indore offers multiple scholarship schemes to support deserving and meritorious students. The scholarships are designed to make quality management education accessible to students from all economic backgrounds. Various government and institutional scholarships are available for eligible candidates.

Scholarship Details

Scholarship Name	Eligibility	Amount	Application Deadline
Post Matric Scholarship for SC/ST/OBC	SC, ST, OBC (non-creamy layer) students	Up to 50% of fees	As per government notification
Merit Cum Means Scholarship	Meritorious students with financial need	Variable	June 2026
Mukhya Mantri Medhavi Vidyarthi Yojana (MMMVY)	MP domicile students with 75%+ in 12th (MP Board) or 85%+ (CBSE)	Full tuition fees + hostel	As per government notification
Scholarship for Minority Students	Minority community students	Variable	June 2026
Physically Disabled Students Scholarship	Students with disabilities	Variable	June 2026

Scholarships are subject to merit and eligibility criteria.
SC, ST, OBC (non-creamy layer) students can avail up to 50% fee waiver.
MMMVY covers full tuition fees and hostel charges for eligible MP domicile students.
Bank loans are available through government-authorized institutions for all eligible students.

IIPS MBA (Finance) FAQs

Ques. What is the primary focus of the MBA Finance program at IIPS Indore?

Ans. The MBA Finance program focuses on developing expertise in financial management, investment analysis, corporate finance, and international finance. The curriculum is designed to prepare students for careers in banking, investment analysis, financial consulting, and corporate finance sectors. Students learn to analyze financial data, make investment decisions, and manage corporate financial strategies.

Ques. What are the career opportunities after completing MBA Finance?

Ans. Graduates can pursue careers as equity analysts, investment bankers, financial consultants, corporate finance managers, risk managers, or financial advisors. They can work with banks, insurance companies, investment firms, consultancy organizations, and corporate finance departments. The average salary for MBA Finance graduates is competitive, with opportunities for rapid career growth.

Ques. Can I opt for dual specialization in Finance?

Ans. Yes, IIPS Indore offers dual specialization options for MBA Finance students. You can combine Finance with Marketing, HR, or Business Analytics. This provides flexibility to develop expertise in multiple areas and enhances career prospects in diverse sectors.

Ques. What practical exposure is provided during the course?

Ans. The program includes case discussions, industry visits, projects, role plays, and quizzes. Students undertake summer internships with leading financial institutions and banks, providing real-world exposure to financial operations and decision-making processes. Many students receive pre-placement offers from their internship organizations.

Ques. Is the program suitable for non-commerce background students?

Ans. Yes, the program is designed for students from all backgrounds. While it is particularly popular among commerce graduates, students from engineering, science, and arts backgrounds are equally welcome. The curriculum covers all fundamental concepts of finance and accounting required to understand financial management from scratch.

Ques. What is the placement scenario for MBA Finance graduates?

Ans. IIPS Indore has a strong placement record with over 80% placement rate for MBA programs. Top recruiters include banks, insurance companies, investment firms, and multinational corporations. Finance specialization graduates are highly sought after by financial institutions and consulting firms for their specialized expertise in financial analysis and management.

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Naveen chouhan

2.9Helpful

MBA, Finance

Reviewed on Dec 6, 2022(Enrolled 2021)

IIPS THE WELL KNOWN COLLEGE OF MP

Fees and Financial Aid:

There are fees of 35000 average fees for semester and you have to 4th semester in MBA so it goes to 140000 for completing the MBA there are several scholarship for SC ST OBC student so you can avail the scholarship

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Roma Gupta

4.5Helpful

MBA, Finance

Reviewed on Apr 9, 2020

Good Experience

Fees and Financial Aid:

Post Metric scholarships for the ST, SC, and OBC students, Mukhya Mantri Medhavi, Vidhyarti Yojana (MMMVY), merit-cum-means scholarship scheme, students with physical disabilities, and minority students were the scholarships scheme provided by our college.

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Kirti gaurav singh parihar

3.7Helpful

MBA, Finance

Reviewed on Jan 14, 2020

Placement

Fees and Financial Aid:

Loan facility is available in the college because its a government college with good reputation you can easy get the loan but in general very less student go for the loan because the free of the courses is very less.

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