MBA Finance: Course Details, Fees
Eligibility, Courses, Admission

Management
Duration :   Average Fees : Rs.400000  

MBA Finance: Course Details, Fees, Eligibility, Courses, Admission

About MBA Finance

Phillippatus defines financial management as "Concerned with the managerial decisions that result in the acquisition and financing of short- and long-term credits for the organizations".

What is an MBA in Finance? The basic concepts of the MBA Finance syllabus include handling money or wealth on a larger scale. The important subjects are mathematics, economics, financial theory and management. The course has a high job scope, and the job responsibilities are concerned with managing accounts and companies' finances to achieve the company's financial objectives. 

Graduates can work in different sectors like investment banking, consulting, merchant banking, private banking and much more. Tools and Techniques used in MBA Finance are Finance Mechanics, Finance Accounting, Marketing 4Ps, Operational Research, ERP, and Business Plans.

Highliights

Course type Postgraduate
Course Duration 2 Years
Course Examination Type Semester
Course Eligibility Graduation in any discipline
Course Admission process Entrance Exam followed by Group Interview and Personal Interview
Course Fee INR 1,10,000 to 7,00,000
Course Average Salary INR 3,00,000 to 9,00,000 per annum
Top Recruiting companies J.P. Morgan Chase & Co. (JPMCC), Amazon, ICICI Bank, ITC, Reliance Industries Ltd, Aditya Birla, Oracle and Google
Job Position Finance Manager, Credit Manager, Financial Advisor, Asset Manager, Director of Finance and Administration, Financial Planner, Cost Controller and Corporate Financial Analyst etc.

MBA Financial Management Distance Education

  • MBA financial management Distance is a useful way to complete an MBA in India that allows individuals to complete their MBA program without leaving their jobs. 
  • MBA financial management Distance is a 2 year course and the basic requirement is that the student must be a graduate with 50% in any course.

Admission Process

  • Admission to MBA distance education is usually based on the marks obtained by a candidate in management exams like CAT, MAT, XAT and ATMA. 
  • However, some institutes like IGNOU conduct their own entrance test for admission to a distance MBA course. 
  • Although the minimum requirements for applying to a B-school are similar for almost all institutes i.e. 50% aggregate marks in 10+2, some colleges have additional requirements for admission to an MBA in Finance by distance learning. 
  • For example, a valid CAT score or more than 2 years of work experience (preferably in the same field).

MBA Financial Management Distance Education Colleges

Name of the Institute Duration of the course Average Fees
Indira Gandhi National Open University (IGNOU) 2 to 5 years INR 32,000
Symbiosis Centre for Distance Learning (SCDL) 2 years INR 50,000
Narsee Monjee Institute of Management Studies (NMIMS) 1.5 years INR 2,50,000
All India Management Association (AIMA) 2 years INR 63,000

MBA Financial Management Syllabus

Semester One Semester Two
Management Theory and Practice Marketing Management
Organizational Behaviour Financial Management
Accountancy for Managers Human Resource Management
Managerial Economics Operations Management
Statistics for Managers Research Methods for Business
Semester Three Semester Four
Operations Research Entrepreneurship
Strategic Management Security Analysis and Portfolio Management
Financial Markets, Treasury & Risk Management Financial Analysis and Reporting
International Financial Management Management Information Systems
Strategic Cost Management Final Project Report

MBA Financial Management: Top Colleges

College Name Average fees
IIM Ahmedabad INR 20 Lakhs
IIM Kozhikode INR 18 Lakhs
PIBM Pune INR 7.5 Lakhs
BIM Trichy INR 7.90 Lakhs
Christ University INR 3.80 Lakhs
DSM ISM Dhanbad, Jharkhand INR 3.40 Lakhs
KIIT School of Management,Bhubaneswar INR 6.80 Lakhs
Aligarh Muslim University INR 2.52 Lakhs
Bharati Vidyapeeth University, Institute of Management and Entrepreneurship Development, Pune INR 2.25 Lakhs
UPES Dehradun INR 6.67Lakhs
Dayalbagh Educational Institute, Agra INR 1.10 Lakhs
JC Bose University of Science and Technology, Faridabad INR 1.02 Lakhs

MBA Financial Management: Colleges Abroad

College Name Average Fees
Stanford University INR 55 Lakhs
Harvard University INR 54 Lakhs
The Wharton School INR 1,23,79,221
INSEAD INR 76,05,000
MIT Sloan INR 1,17,38,760
London Business School INR 82,90,540
HEC Paris INR 49,19,000
The University of Chicago Booth School of Business INR 91,26,000
Haas School of Business INR 87,45,750
Kellogg School of Management 57,03,750

MBA Financial Management Jobs

Job Profile Job Description Average Salary
Credit Risk Analyst Assesses the credit risk of its customers using financial and credit information with the aim of identifying and eliminating the greatest risk factor. INR 6,25,000
Financial Analyst A Financial Analyst monitors market trends and the factors that influence them to help the company make wise investments. INR 4,08,000
Management Consultant A management consultant provides guidance and perspectives into the process of managing and growing a firm. INR 11,44,000
Chief Financial Officer (CFO) A company's CFO is the most significant role. He or she is in charge of the company's or organization's money and financial reporting. INR 20,00,000
Finance Manager A Finance Manager is responsible for reviewing financial reports, monitoring accounts, and preparing activity reports and financial forecasts INR 9,98,000

MBA Financial Management: Top Recruiters

JP Morgan Chase BCG
Deloitte KPMG
Morgan Stanley Microsoft
TCS Wipro
Amazon Apple

MBA Financial Management: Future Scope

  • Besides getting a job, there is another way for students to further their education. MBA Financial Management Scope for students are given below:
  • PhD: If you want to pursue further studies in the same field, the first program of choice is a PhD Finance. It is a three-year program that requires a master's degree in finance. Students can pursue a PhD in any related field.
  • After completing this course, students can also join the Fellow Programme in Management (equivalent to PhD) conducted by all IIMs. 
  • Postgraduates can opt to prepare for competitive exams. The most popular are the exams that are meant for employment in government organisations. Students can get the best paying jobs in this sector.

Eligibility Criteria for MBA Finance

Eligibility Criteria For MBA Finance

Admission For The MBA Finance Course Requires The Aspirant To Complete Their Undergraduate Degree With A Minimum Average Of 50% aggregate Marks From A Recognized University Or College In Any Relevant Discipline. There Are No Age Limits For Pursuing This Course As It Is Open To Students Who Meet The Required Criteria. Along With Essential Criteria, Students Must Have Cleared The Standard entrance Examination with Good Scores. Work Experience Is Preferred, And It Is Not Mandatory For The MBA Finance Course.

How to Prepare for MBA Finance

Preparation Tips For MBA Finance

Before Applying For The MBA Finance Course, Aspirants Must Do Their Due Diligence So They Sing It Easy To Navigate The Course. The Following Are Some Tips For Preparation For The MBA Finance Programme:

Get To Know The Latest Exam Pattern: Students Should Be Aware Of The Latest Exam Patterns Which Change Dynamically. Try To Solve The Previous Year's Question Papers By Surfing Them Through The Internet. Students Must Be Active While Preparing For The Finance Course Because It Requires A Powerful Mind And Numeric Calculations.

Knowledge Of Current Affairs: Students Need To Be Aware Of The Current Affairs Topics, And They Will Have To Work On Their Verbal, Written, Vocabulary, And Analytical Skills And Have To Be Practical With Their Mindset.

Mock Tests: Once The Student Is Clear About The Syllabus, One Can Start Taking Mock Tests. Taking Around 15 To 20 Tests Allows Them To Be Updated And Perform Well In Entrance Exams.

Why Study MBA Financial Management?

(i). MBA Financial Management is beneficial for students who want to make their mark in the finance field and are looking for a career boost.

(ii). The Financial Management Program will provide you with concepts and techniques in finance, computer science, and mathematics as part of your M.B.A.

(iii). Both in India and internationally, there are several prospects in this vital profession. Financial experts can also work for international corporations.

(iv). Candidates will learn to use advanced technical tools to solve financial challenges, as well as complex analytic and quantitative methodologies, enabling them to solve difficult problems in high-tech finance.

(iv). Among all other MBA courses, MBA Financial Management Course offers the best job opportunities with great salaries

How To Get Admission for MBA Finance?

How To Get Admission For MBA Finance? 

Admission Procedure For MBA Finance Course Is Done On A Merit-basis And Management-based. Aspirants Must Satisfy The Minimum eligibility Criteria For Admissions Into The MBA Finance Programme, Using A Combination Of Bachelor’s Degree And Entrance Exam Scores. The Course Falls Under The Umbrella Of An MBA and Thus, The Admission Process Does Not Change For The Students. Listed Below Is The General Admission Process For MBA Finance Followed By Popular Universities Across The Country:

Apply For The Course

The Aspirants Can Either Apply For The MBA Finance Course Online Or Offline. Based On Their Merit Or The Score Obtained In The Entrance Exams, The Applicants Are Shortlisted. Before Entry To The MBA Finance Program, The Universities Administer Counselling, Personal Interviews, And Community Discussion Rounds.

Selection Criteria

For Selection Into The MBA Finance Programme, The Marks Scored In Related Management Entrance Exams By Students Are Taken Into Account. After An Interview, Deserving Aspirants Are Allocated Seats. The MBA Finance Admission Process Depends On The Chosen Institution. Some May Enter Jointly, And Some May Offer Admission Based On The Marks Earned During The Graduation Period.

Direct Admission

The Admission Requirements For The MBA Finance Programme Differ Depending On The Institution. Some Schools Only Accept First-come, First-served Applicants. The Majority Of MBA In Finance Programmes Admit Students Based On Their Performance In Various Entrance Exams.

Entrance for MBA Finance

Popular Entrance Exams For MBA Finance

For Admissions Into The MBA Finance Programme, Students Need To Appear For Some Of The Entrance Examinations Held All Across The Country. The Higher Cut Off Scores Can Fetch You The Best Colleges In The Nation. Listed Below Are The Most Common Popular Entrance Exams For MBA Finance:

  • GMAT
  • CAT
  • MAT
  • CMAT
  • PGCET
  • XAT
  • SNAP

A Quick Glance At The MBA Finance Entrance Exams 

The Eligibility Criteria Of The Above-mentioned MBA Finance Entrance Exams Are Entirely Dependent On The Conduction Body; Hence It Varies. But Here Are A Few Similarities Are Picked Up From The Popular Entrance Exams To Give Students A Heads Up:

  • Exams May Be Conducted Both Online And Offline.
  • It Is A Completely Objective Type, And The Question Will Be Based On Analytics, Data Interpretation And Quantitative Aptitude.
  • The Syllabus And The Mode Of Examination Are According To The Institution's Preference.