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.
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 |
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 |
National Institutional Ranking Framework - NIRF is a method that the Indian government adopts to rank top Education institutions. It is under the Ministry of Education and ranks a college/ University based on various parameters. Every year NIRF publishes ranking lists of top Institutions in India for different domains. NIRF is the most trustworthy and popular Ranking agency in India.
NIRF ranks the institutions across India based on 5 parameters and they are (1) Teaching, Learning & Resources, (2) Research and Professional Practice, (3) Graduation Outcomes, (4) Outreach and Inclusivity, and, (5) Perception. The following pie chart below depicts the weightage of different parameters used for ranking the best MBA colleges in India.
Here is the list of the NIRF Rankings for 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 |
Tabulated below is the list of best MBA in Finance colleges in India with fee structure.
College Name | Total Course Fee (INR) |
---|---|
Indian Institute of Management (IIM) Ahmedabad | 23 Lakhs |
Indian Institute of Management (IIM) Bangalore | 23 Lakhs |
Indian Institute of Management (IIM) Calcutta | 23 Lakhs |
Indian School of Business (ISB), Hyderabad | 37 Lakhs |
XLRI - Xavier School of Management, Jamshedpur | 23.6 Lakhs |
Indian Institute of Management Lucknow (IIML) | 19.25 Lakhs |
Indian Institute of Foreign Trade (IIFT), Delhi | 18.5 Lakhs |
If you want to do an MBA in finance and you are on a low budget, then there are various options in that case as well. Not everyone has all the resources and facilities but the below list of MBA Finance colleges in India have relatively low fees:
College Name | Total Course Fee (INR) |
---|---|
Institute of Management Studies (IMS), Ghaziabad | 4,00,000 |
Department of Financial Studies (DFS), University of Delhi | 68,000 |
Amity Business School, Noida | 8,20,000 |
Department of Business Economics, University of Delhi | 22,000 |
Jaipuria Institute of Management, Noida | 7,90,000 |
Completing an MBA in finance from a private college can be a really smart decision as private colleges in India have world-class infrastructure, high-tech technology, and practical life experiences. Below is the table of top private MBA Finance colleges in India with fees.
College Name | Total Course Fee (INR) |
---|---|
Indian School of Business (ISB) ,Hyderabad | 45 Lakhs |
XLRI - Xavier School of Management, Jamshedpur | 27 Lakhs |
S.P. Jain Institute of Management and Research (SPJIMR), Mumbai | 18 Lakhs |
Management Development Institute (MDI), Gurgaon | 22 Lakhs |
NMIMS - Narsee Monjee Institute of Management Studies, Mumbai | 19 Lakhs |
Institute of Management Technology (IMT), Ghaziabad | 17 Lakhs |
Xavier Institute of Management, Bhubaneswar (XIMB) | 16 Lakhs |
Symbiosis Institute of Business Management (SIBM), Pune | 22 Lakhs |
MBA in finance in government colleges offers a great opportunity to students who cannot afford to do an MBA from a private college. These government colleges are known for their high academic standards, experienced faculty, and strong industry connections. Below is the table of top Government MBA Finance colleges in India with fees.
College Name | Total Course Fee (INR) |
---|---|
Indian Institute of Management (IIM) Ahmedabad | 23 Lakhs |
Indian Institute of Management (IIM) Bangalore | 23 Lakhs |
Indian Institute of Management (IIM) Calcutta | 23 Lakhs |
Faculty of Management Studies (FMS) - University of Delhi | 1.92 Lakhs |
Indian Institute of Management (IIM) Lucknow | 19 Lakhs |
Indian Institute of Management (IIM) Kozhikode | 17.5 Lakhs |
Department of Management Studies (DMS) - Indian Institute of Technology (IIT) Delhi | 9.60 Lakhs |
Indian Institute of Management (IIM) Indore | 16 Lakhs |
The admission process for Best MBA Finance Colleges in India typically involves the following steps:
The eligibility criteria required to get admission to an MBA in Finance are presented below:
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.
Almost all the top MBA colleges in India prefer CAT scores for MBA admissions.
College Name | CAT Cutoff 2023 |
---|---|
Indian Institute of Management, Ahmedabad | 99+ percentile |
Indian Institute of Management, Bangalore | 98+ percentile |
Indian Institute of Management, Calcutta | 98+ percentile |
Indian Institute of Management, Lucknow | 97+ percentile |
Indian Institute of Management, Kozhikode | 97+ percentile |
Indian Institute of Management, Indore | 96+ percentile |
Faculty of Management Studies, Delhi | 95+ percentile |
Indian Institute of Foreign Trade, Delhi | 95+ percentile |
Xavier School of Management, XLRI | 95+ percentile |
S.P. Jain Institute of Management and Research, Mumbai | 90+ percentile |
Even though there are a lot of colleges that require entrance exams, such as CAT, XAT, etc. But few prestigious colleges don’t require an entrance exam. These colleges have their admission criteria.
College Name | Total Course Fees(INR) |
---|---|
Xavier Institute of Management and Entrepreneurship (XIME), Bangalore | 12.25 Lakhs |
School of Management, SRM Institute of Science and Technology, Chennai | 7.7 Lakhs |
New Delhi Institute of Management (NDIM) | 9.75 Lakhs |
Jaypee Business School, Noida | 9.78 Lakhs |
Alliance School of Business, Bangalore | 14 Lakhs |
There are several MBA Finance colleges in India offering lucrative salary packages and placements to students. The top recruiters were Goldman Sachs, J.P. Morgan, Morgan Stanley, Citigroup, McKinsey & Company, Bain & Company, etc.
Check Top MBA Colleges in India Placement wise
The following infographic shows the placement packages of some of the best MBA Finance colleges in India.
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.
Ques. Can I pursue an MBA finance degree through distance learning or online programs?
Ans. Yes, various universities offer distance learning or online MBA finance programs. One should also ensure that the program is recognized and accredited by relevant authorities to maintain the value of the degree.
Ques. What are the international exposure opportunities provided by these colleges?
Ans. Many top MBA finance colleges in India offer international exchange programs, where students can spend a semester or a term studying at partner institutions abroad. Additionally, some colleges organize international study tours, guest lectures by international experts, and collaborations with global companies.
Ques. Can I specialize in multiple areas within finance during my MBA program?
Ans. Some MBA finance colleges in India offer flexibility in choosing multiple specializations or elective courses within finance. This allows the candidates to increase their knowledge and broaden their expertise in various fields.
Ques. What are the networking opportunities available for MBA finance students?
Ans. MBA finance colleges often organize networking events, industry interactions, guest lectures, and alumni meetups to provide students with ample networking opportunities. These events help students connect with professionals, alumni, and industry leaders, enhancing their career prospects.
Ques. How can I assess the industry connections and corporate collaborations of these colleges?
Ans. You can assess the industry connections and corporate collaborations of MBA finance colleges by researching their partnerships with industry bodies, guest lectures by industry experts, the number and reputation of companies participating in placements, and alumni networks in prominent finance sectors.
Ques. Can I pursue an MBA finance degree on a part-time basis while working?
Ans. Yes, some MBA finance colleges offer part-time or executive MBA programs designed for working professionals. These programs allow individuals to enhance their financial skills and knowledge while continuing their professional commitments.
Ques. Do these colleges provide opportunities for entrepreneurship and start-up ventures?
Ans. Yes, many MBA finance colleges in India encourage entrepreneurship and offer support to students interested in start-up ventures. They may have incubation centers, entrepreneurship cells, and mentorship programs to nurture entrepreneurial talent and provide resources for business start-ups.
CD Rating | Colleges | Course Fees | Placement | User Reviews | Ranking |
---|---|---|---|---|---|
Balaji Institute of International Business - [BIIB], Pune Pune, Maharashtra |AICTE Approved | ₹ 6,07,500MBA/PGDM- 1st Year Fees | ₹ 18,27,000Highest Package | 3.8 / 5 Based on 38 User ReviewsBest in Placements | #55th/214 in India 2023 + 1 More | |
N. L. Dalmia Institute of Management Studies and Research - [NLDIMSR], Mumbai Mumbai, Maharashtra |AICTE, NBA, AIU, AACSB Approved | ₹ 8,10,000MBA/PGDM- 1st Year Fees | ₹ 9,85,000Average Package₹ 25,50,000Highest Package | 4.1 / 5 Based on 36 User ReviewsBest in Infrastructure | #23th/200 in India 2025 + 4 More |