Top 10 Best MBA colleges in India in finance : Fees and locations

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Top 10 Best MBA colleges in India in finance : Fees and locations

Top 10 Best colleges for MBA in Finance in India

MBA in Finance (Master of Business Administration in Finance) specializes students to pursue their careers in diverse domains. Scholars can chase 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 train 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 specialization stand out?

With the advent of the Financial world, MBA in Finance is becoming a thriving career option for graduates. Notable, it offers the scholars with various administrative roles in their professional careers. The course specialization 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 specialization stands out due to the Financial catastrophe the business industry previously went through. To minimize 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 Pricewaterhouse Coopers

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  – Citi Bank, 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, Moneyboxx, 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 Bhubaneshwar

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 organizations 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 mentorships 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.

FAQs

1. Which are the best MBA finance colleges in Delhi?

Some of the best MBA finance colleges in Delhi are Amity University, Asian Business School, Jamila Milia Islamia, and FOSTIIMA Business School.

2. What are the other courses offered by top MBA finance colleges in Kolkata?

Business Administration), B.Sc (Bachelor of Science), B.C.A (Bachelor of Computer Application), B.P.T (Bachelor of Physiotherapy).

3. Which is the best mobile application for Finance Courses?

NorthStar Academy application has ranked Indias top 5 education app for Finance and has designed a user-friendly mobile application for students, parents, and tutors for fees management, performance reports, and online attendance. You can download the application from the playstore.

4. Can you list down some of the best colleges for MBA Finance in Bangalore?

Here is the categorization for the best colleges for MBA Finance in Bangalore:
IIM Bangalore

XIME Bangalore (Xavier Institute of Management & Entrepreneurship)

Christ University, Bangalore 

Centre for Management Studies, Jain University, Bangalore

Alliance University, Bangalore

SIBM Bangalore, Symbiosis Insititute of Business Management

5.Which are the top MBA Finance colleges in India in 2022?

Below is the list of top MBA Finance colleges in India in 2022 based on the number of opportunities, packages offered, and faculties.

Indian Institute of Management, Ahmedabad

Indian Institute of Management, Calcutta

Indian Institute of Management, Bangalore

Xavier’s Labour Research Institute Jamshedpur (XLRI)

Faculty of Management Studies, Delhi (FMS)

Jamnalal Bajaj Institute of Management Studies, Mumbai (JBIMS)

6. What are the Top 10 colleges in India for MBA Finance and their fee structure?

SP Jain, Mumbai : 17.5 Lac
IIM Lucknow : 19.25 Lac
IIM Kolkata : 23 Lac
IIM Kozhikode : 20.5 Lac
IIM Raipur : 13.3 Lac
Symbiosis Institute of Business Management : 19.4 Lac
NMIMS Institute of Business Management, Mumbai : 21.9 Lac

7. Based on which factors, top colleges in India for MBA Finance are ranked?

The key factors based on which the colleges are ranked are: 

Faculty
Placement
Infrastructure
Specializations
Research Projects
Fees 

8. What is the MBA in Finance Syllabus?

Here is the semester-wise syllabus for MBA in Finance: 

First Year

Semester 1

1. Micro Economics
2. Principles of Marketing Management 
3. Tools and Frameworks for Decision Making 
4. Organizational Behaviour-1 
5. Business Communication And Soft skills
6. Quantitative Methods and Statistics
7. Principles of Accounting
8. Corporate Social Responsibility

Semester 2

1. Strategic Management
2. Supply Chain Management
3. Corporate Governance and Business Ethics
4. Corporate Finance-2
5. Managerial Economics
6. Marketing Research
7. Financial Modeling
8. Business Intelligence

Second Year

Semester 3

1. Macro Economics
2. Operations Management
3. Optimization and Project Research
4. Business Law
5. Corporate Management

Semester 4

1. Organization Behaviour-2 
2. Internship Projects
3. Optimization and Project Research
4. Marketing Management
5. Project Submissions

 Mba In Finance Syllabus  Semester 1 &Amp;  Semester 2
  Mba In Finance Syllabus  Semester 3 &Amp;  Semester 4

9. Which are the best colleges for finance in India under the fee of INR 10 lac?

Here is the list of colleges that are best for finance and that are less than INR 10 lac:

Department of Management Studies, IIT Delhi : 9.89 Lac
New Delhi Institute of Management : 9.7 Lac
Narayana Business School, Ahmedabad : 6.5 – 10.85 Lac
AIMS Institute, Bangalore : 8.75 Lac
DoMS IIT Madras : 6.99 Lac
VIT Business School, Vellore : 7 Lac

10. What are the best colleges for MBA finance in India with 100% placement?

Here is the list of top colleges for MBA Finance in India with 100% placement assurance:

IIM Calcutta
IIM Ahmedabad
FMS Delhi
ISB Hyderabad
IIM Lucknow
IIM Bangalore
XLRI Jamshedpur
SPJIMR Mumbai
IIFT
IIM Kozhikode

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