Top 10 Best MBA in finance colleges in India

Top MBA colleges are known for their rigorous MBA programs that often include specializations such as corporate finance. To gain admission to the best b-schools, candidates usually need to pass entrance exams that assess their readiness for the MBA programme. IIMs are among the prestigious institutions that offer exceptional MBA programs, equipping students with the knowledge and skills required for success in corporate finance. An aspirant looking to enter a top MBA programme should focus on preparing for entrance exams and researching top MBA colleges to find the best fit for their career goals. The goal of an MBA program is to equip students with advanced skills and knowledge in areas such as corporate finance, preparing them for leadership roles in the business world.

Key Takeaways

• 10 MBA in finance colleges in India 2024

• Why MBA in Finance specialisation stand out?

Top 10 Best colleges for MBA in Finance in India

MBA in Finance (Master of Business Administration in Finance) specialises students to pursue their careers in diverse domains. Students can pursue their walk of life in different spheres such as Investment Banking, Insurance Management, Financial Consulting, Risk Management, Asset Management, International Finance, and Finance Research Analyst. The two-year program comprises several subjects within management.

The course educates students about Financial Resources, Investment, Portfolio Management, Borrowing, Fundraising, Disbursements, and Securities Analysis. The curriculum trains students for real-time scenarios such as Decision-making, Management skills, Corporate Communication, and Analytical skills. Undergraduates can enroll from any of the Top 10 Best MBA colleges in India, finance courses through distance learning or regular course. The program focuses on equipping management professionals with quality education and knowledge of management aspects in the Finance Industry.

Why does an MBA in Finance specialisation stand out?

With the advent of the Financial world, MBA in Finance is becoming a thriving career option for graduates. Notable, it offers the students various administrative roles in their professional careers. The course specialisation allows the graduates to determine career opportunities and explore the finance domain in a comprehensible manner.

The course strongly pivots on Financial theories and deep insight on mathematics, statistics, economic analysis. The students can sharpen their analytical skills as they have to play with numbers in the finance industry. To broadly perform at the workplace, they are taught to handle real-time projects and participate in role-plays and teamwork projects. In the ever-evolving financial sphere, MBA in Finance requires in-depth knowledge of both theoretical and practical concepts of all the subjects.

Additionally, the specialisation stands out due to the Financial catastrophe the business industry previously went through. To minimise the effects of the upheaval, financial institutions have upgraded their curriculum. The business has also ensured its company assets to avoid any future predicaments. MBA Finance fanatics must follow this blog to learn about the top colleges in India for MBA finance, their career compass, entrance eligibility, and tuition fees. Here are the listicles for top colleges in India for MBA Finance along with their selection process, fee structure, top recruiters, and CTC offered.

XLRI Jamshedpur

Selection Process The candidates are selected based on GMAT or CAT scores, which are followed by Group Discussion or Personal Interview, once shortlisted.

Fees INR 20 Lac

Top Recruiters Boston Consulting Group, Power Finance Corporation, and GAIL, and KPMG and PricewaterhouseCoopers

Average Salary Offered The average CTC offered in the years 2019, 2020, and 2021 are INR 22.35 LPA, INR 24.30 LPA, and INR 25.08 LPA respectively.

IIM Ahmedabad

Selection Process The candidates are selected based on GMAT or CAT scores. After clearing the cut-off the candidates are called for Group Discussion or Personal Interview.

Fees INR 23 Lac

Top Recruiters Goldman Sachs, American Express, Standard Chartered, and Bain and Co.

Salary Offered The highest package offered is 1.54 Lac USD and INR 55 Lac

IIM Bangalore

Selection Process The candidates are selected based on CAT / GMAT /GRE / IIMB scores. After clearing the cut-off the candidates are called for a written ability test and Personal Interview.

Fees INR 23 Lac

Top Recruiters Microsoft, Goldman Sachs, McKinsey, RPG Group, Avendus Capital, HULand Accenture

Salary Offered The average CTC (domestic )offered in the years 2019, 2020, and 2021 are INR 24.54 LPA, INR 26.18 LPA, and INR 28.98 LPA respectively.

IIM Calcutta

Selection Process The candidates are selected based on GMAT scores and other parameters such as academic background, professional experience, and personal interviews.

Fees INR 27 Lac

Top Recruiters Bain & Company, Hindustan Unilever Limited, Nestle, Amazon, Nykaa, and Boston Consulting Group

Salary Offered The average CTC (domestic )offered in the year 2019-2021 is INR 28.49 LPA and Median CTC offered is INR 27.67 LPA.

IIM Kozhikode

Selection Process The candidates are selected based on CAT scores and other parameters such as academic performance, work experience, and personal interviews.

Fees INR 20.50 Lac

Top Recruiters CitiBank, JP Morgan, Goldman Sachs, Axis Bank, Deutsche Bank.

Salary Offered The average CTC offered is INR 29.50 LPA and the median CTC offered is INR 26.50 LPA.

NMIMS

Selection Process The candidates are selected based on NMAT scores and other parameters such as academic performance and work experience. The shortlisted candidates are called for and personal interview and case discussion.

Fees INR 21.90 Lac

Top Recruiters Accenture, Adidas, CRISIL, Amazon, Aditya Birla Group, Asian Paints.

Salary Offered The highest CTC offered in 2021 was INR 34.72 LPA and the average CTC offered was INR 18.45 LPA.

KJ Somaiya Institute of Management Studies & Research Mumbai

Selection Process The candidates are selected based on NMAT scores and other parameters such as academic performance and work experience. The shortlisted candidates are called for and personal interview and case discussion

Fees INR 21.90 Lac

Top Recruiters - eBay, Citi, Zomato, SBI, and KPMG.

Salary Offered The average CTC for the year 2022 has raised to INR 10.85 LPA. Highest CTC offered was INR 26.50 LPA, the average CTC offered was INR 10.85 LPA, and the median CTC offered was INR 10.21 LPA.

Lal Bahadur Shastri Institute of Management New Delhi

Selection Process The candidates are selected based on CAT / GMAT / XAT scores and other parameters such as prior academic performance and work experience. The shortlisted candidates are called for a written ability test, GD, personal interview, and extempore.

Fees INR 12.90 Lac

Top Recruiters Capgemini, Hindware, Microsoft, Barclays, ClassPlus, Razorpay, PayU Money, HCL Technologies, LT Foods, and Blackstone

Salary Offered Highest package offered was INR 32 LPA and the average CTC offered was INR 9.2 LPA.

National Institute of Bank Management (NIBM) Pune

Selection Process The candidates are selected based on CAT / CMAT / XAT scores and other parameters such as prior academic performance, work experience, and extracurricular activities. The shortlisted candidates are called for a written ability test, GD, personal interview, and extempore.

Fees INR 12 Lac

Top Recruiters Airtel Payment Banks, Auronova, Bandhan Bank, Moneybox, IDBI Bank, Kotak Mahindra, Wipro.

Salary Offered Highest package offered in 2021 was INR 15.78 LPA and the average CTC offered was INR 11.41 LPA.

XIMB Bhubaneswar

Selection Process The candidates are selected based on CAT / GMAT / XAT /X-GMT scores and other parameters such as prior academic performance, work experience, and extracurricular activities. The shortlisted candidates are called for a written ability test, GD, and personal interview.

Fees INR 20 Lac

Top Recruiters Accenture, Deloitte, and Airtel

Salary Offered Highest package offered in 2021 was INR 24 LPA, the average CTC offered was INR 15.51 LPA, and the median CTC offered was INR 14.5 LPA

Conclusion

Finance is the pillar of the economy of any nation, and the domain has established its scope from corporate to banking to insurance sector.

The above is the list of top colleges in India for MBA finance. These institutes fortify analytical and comprehensive skills for students to comprehend the principles of Finance. The organisations develop certain ethics and a sense of corporate responsibilities among the scholars, The MBA in finance course imparts practical knowledge and makes the students cognizant of the professional frame of mind.

Various academic institutions offer internships to students to build their careers in Finance, Management, and Accounting. Northstar Academy is one of the finest institutions that has trained 15000+ students aspiring for a professional career and aims to provide them with the right guidance. We offer an effective eLearning environment for Finance courses for CMA (USA), ACCA, CPA, FRM and CFA courses wherein it includes Live Interactive Classes with backup classes, dedicated mobile app for learning courses, official study materials with handwritten to easy understanding purpose and Self Learning Classes. Call us to know more +918147470707 or fill in the enquiry form to get in touch with the experts.