8 Best Colleges for MBA in Finance in India

Finance is the backbone of the economy and is often regarded as one of the oldest Master of Business Administration (MBA) specialisations. Finance courses now vary from business and government studies to banking and insurance. Mathematical, accounting and analytical abilities, as well as a comprehension of financial and economic concepts, are required.

What is an MBA in Finance?

MBA in Finance is a speciality given by several business schools that teaches control, management and evaluation of investment, fund collection and resources. The course teaches the aspirant how to estimate economic trends, analyse corporate reports, balance risk, maximise stock prices and profitability, and finally manage investment portfolios.

Top MBA Finance Colleges in India

Check out some of the top MBA finance colleges in India with fee structures below:

• Narsee Monjee Institute of Management Studies, Mumbai: Narsee Monjee has a strong corporate interaction due to its location in Mumbai. According to students, "NMIMS is one of the few universities that offers banking expertise." All aspects of finance are addressed, including insurance, corporate finance and risk management. The training has grown increasingly significant as the RBI grants licence to 20-15 more institutions. NMIMS is rated fourth in the Private MBA category by Outlook 2020 and 24th in the Private MBA category by NIRF 2020.

Fees	Exam Score	Selection Process
INR 21.9 lakh	NMAT by GMAC	GD/PI

• SP Jain Institute of Management and Research, Mumbai: The main benefit of SPJIMR is that the institute believes in regular updating to meet market demands and claims to have the highest Industry integration quotient. SPJIMR classrooms become virtual businesses because of their location in the country's financial centre, where the sector is readily accessible. The All India Council of Technical Education and the University Grants Commission both recognise the institution. The curriculum is created so that students have financial abilities to aid them in strategic planning at the highest levels of enterprises and organisations.

Fees	Exam Score	Selection Process
INR 17.5 lakh	CAT | GMAT	GD/PI

• Lal Bahadur Shastri Institute of Management, Delhi: The course curriculum is an essential component of LBSIM. Treasury management, investment management, risk management, strategic accounting, and control are all part of it. The university provides a dual finance speciality. LBISM is the second university to join forces with Bloomberg to develop a financial laboratory. It is a well-known educational institution for information technology and management.

Fees	Exam Score	Selection Process
INR 13.34 lakh	CAT | GMAT	GD/PI

• KJ Somaiya Institute, Mumbai: PGDM provides a unique combination of financial market management principles and methodologies used for market research and operations, as well as policy formation. The ultimate goal is to prepare and develop candidates' knowledge of local and global financial services, allowing them to grasp market complexity and make sound judgments. According to the NIRF ranking 2021, KJ Somaiya Institute is ranked 56 for Private MBA. It has NBA accreditation and AICTE approval. The prestigious school also offers a variety of customised Faculty Development Programs and Management Development Programs.

Fees	Exam Score	Selection Process
INR 18.79 lakh	CAT, CMAT	GD/PI

• International School of Business & Media, Pune: ISB&M prepares financial executives via various courses. Aside from ideas, the emphasis is on training, skill development, and understanding financial markets. Candidates are assigned things to do within a specific budget. This helps children to obtain hands-on experience with ideas they learn about in books.

Fees	Exam Score	Selection Process
INR 11.8 lakh	CAT | CMAT | XAT | MAT | ATMA	GD/PI

• Xavier Institute of Social Service, Ranchi: The fundamental goal of the course is to convey information and skills while also transmitting particular ideals. The institution intends to make students aware of voluntary conformity and vocational mobility with law, ethics and social duties. The XISS was founded as a branch of St. Xavier's College in Ranchi. Times ranks it 27th for Private MBA in 2021.

Fees	Exam Score	Selection Process
INR 8.93 lakh	CAT | CMAT | XAT | MAT | ATMA	GD/PI

• Institute of Public Enterprise (IPE), Hyderabad: The institute’s venture into management education started in 1981 with the launch of a three-year part-time MBA (PE) curriculum for working managers. In 1995, the full-time management education programme began. The Institute of Public Enterprise (IPE) now offers meticulously organised and well-defined programmes in PGDM, PGDM-BIF, PGDM-RM, PGDM-HRM, PGDM-IB and Exe. PGDM. These programmes are not only AICTE-approved but also accredited by the Association of Indian Universities (AIU) and have worldwide SAQS recognition.

Fees	Exam Score	Selection Process
INR 8.15 lakh	CAT | XAT | GMAT| MAT | ATMA | CMAT	GD/PI

• National Institute of Bank Management, Pune: The RBI created the NIBM in 1969 in conjunction with the central government as an independent institute for the domestic banking sector. It is one of the few colleges in India that provides a PGDM speciality in Financial Services and Banking. 

Fees	Exam Score	Selection Process
INR 10.38 lakh	CAT | MAT | CMAT	GD/PI

Wrapping Up

Sunstone is a significant higher education services provider that works in conjunction with educational institutions to assist students in acquiring marketable skills. Students at all levels of education, from undergraduate to postgraduate, may participate in career-oriented training interventions Sunstone offers at more than 45 universities. The training programmes provided by Sunstone have received approval from the relevant sector and are designed to boost employability. These programmes are designed to be delivered in a hybrid format and place an unparalleled emphasis on developing personality traits and soft skills. 

Frequently Asked Questions (FAQs) - MBA Finance Colleges in India

Which are the best MBA in Finance colleges in India?

On the list of the best MBA colleges in India, IIM Ahmedabad comes in first place, followed by IIM Kolkata, IIM Bangalore, and so on.

Which MBA is best for Finance?

Although your professional interests and career ambitions should drive your choice of MBA specialisation, students should also consider aspects such as the amount of full-time and internship possibilities in that area, income packages, and the business school's reputation in that sector.

Is an MBA in Finance in demand?

In India, a wide range of scope of MBA in finance is available. MBA in Finance graduates may pursue various rewarding careers in the public and private sectors, including Investment bankers, Financial advisors, Stock traders, Hedge Fund managers, Equity analysts, and many more.

What is the MBA in Finance syllabus?

MBA Finance is one of the most popular Business Management Courses among MBA candidates. Corporate Financial Planning, Financial Management, Banking, Accounting and Corporate Acquisitions & Mergers are the subjects covered in the MBA in Finance syllabus.