Banking, Finance & Insurance Colleges in India - Courses, Fees, Admissions 2024, Cutoff, Placements
2069 Banking, Finance & Insurance Colleges in India - Courses, Fees, Admissions 2024, Cutoff, Placements
There are 1,900+ best Banking and Finance colleges in India. Out of these, 1,111 colleges are privately owned, 187 colleges are owned by public/government organisations, and public-private entities own 92 colleges. CAT, MAT, XAT, and CMAT are some of the entrance exams accepted by many top Banking and Finance colleges in India. Symbiosis Institute of Business Management, Galgotias University, Chandigarh University, SPJIMR, LPU, Jamnalal Bajaj Institute of Management Studies, FORE School of Management, etc. are some of the popular Banking and finance colleges in India.
Latest Updates:
- CUET exam is scheduled to be held from May 15 to May 31, 2024 in CBT mode. The CUET UG 2024 notification is expected to release in the first week of February 2024. Check for latest updates on CUET UG 2024 here.
Table of Contents
There are 1,900+ best Banking and Finance colleges in India. Out of these, 1,111 colleges are privately owned, 187 colleges are owned by public/government organisations, and public-private entities own 92 colleges. CAT, MAT, XAT, and CMAT are some of the entrance exams accepted by many top Banking and Finance colleges in India. Symbiosis Institute of Business Management, Galgotias University, Chandigarh University, SPJIMR, LPU, Jamnalal Bajaj Institute of Management Studies, FORE School of Management, etc. are some of the popular Banking and finance colleges in India.
Latest Updates:
- CUET exam is scheduled to be held from May 15 to May 31, 2024 in CBT mode. The CUET UG 2024 notification is expected to release in the first week of February 2024. Check for latest updates on CUET UG 2024 here.
Table of Contents
- Best Banking and Finance Colleges in India: Highlights 2024
- Best Banking and Finance Colleges in India: Eligibility Criteria
- Best Banking and Finance Colleges in India: Exam Schedule 2024
- Best Private Banking and Finance Colleges in India
- Best Govt Banking and Finance Colleges in India
- Best Semi- Govt Banking and Finance Colleges in India
- ROI of Best Banking and Finance Colleges in India
- Top Recruiters for Best Banking and Finance Colleges in India
- Low-cost and Affordable Banking and Finance Colleges in India
- Top Specialisations offered by Banking and Finance Course Colleges in India
- Best Banking and Finance Colleges in India: Comparison
Best Banking and Finance Colleges in India: Highlights 2024
Banking, Finance and Insurance as a field offer growth opportunities which are vast and varied. An individual planning to make a career in Banking, Finance or Insurance can look forward to a very lucrative and rewarding career. From managerial and consulting jobs in the Government sector and MNCs to self-employment as a Chartered Accountant, Company Secretary, Finance Consultant, Entrepreneurship, the Banking, Finance and Insurance sectors have employment opportunities for all.
Tabulated below are the key highlights of the best Banking and Finance colleges in India:
| Particulars |
Parameters |
|---|---|
| No. of Colleges |
1,900+ |
| Annual Fees |
< INR 1 lakh: 703 colleges INR 1-2 lakh: 320 colleges INR 2-3 lakh: 220 colleges INR 3-5 lakh: 209 colleges >INR 5 lakh: 237 colleges |
| Top Specialisation |
Finance, Sales & Marketing, Human Resources, Operations, IT & Systems, etc. |
| Admission Process |
Merit-based or entrance-based like CAT, MAT, XAT, CMAT, etc. |
Disclaimer:Â This information is sourced from the official website and may vary.
Best Banking and Finance Colleges in India: Eligibility Criteria
The general eligibility criteria to get admission to top Banking and Finance colleges in India are mentioned below:
- Undergraduate (UG) course:Â The candidate must have passed Class 12 or equivalent in Commerce stream from a recognised education board or university.
- Postgraduate (PG) course:Â The candidate must be a Commerce graduate or equivalent from a recognised university.
Best Banking and Finance Colleges in India: Exam Schedule 2024
For admissions to the best banking, finance and insurance courses in India. Candidates must qualify for some of the exams and they are:
- CAT: The Common Admission Test (CAT) is a national-level management aptitude test for admission to the MBA courses offered by 20 IIMs and over 1,200 B-schools in India. The CAT exam is a business aptitude test and its syllabus comprises four subjects - Verbal Ability & Reading Comprehension (VARC), Data Interpretation & Logical Reasoning (DILR), and Quantitative Ability (QA). The difficulty level of the exam is moderate to high. CAT 2023 exam date is November 26 (tentative).
- MAT: Management Aptitude Test or MAT is a national-level entrance exam conducted by the All India Management Association (AIMA) for admissions to MBA/PGDM courses. The exam is conducted in multiple sessions in four phases – February, May, September, and December.Â
Take a look at important dates of exams accepted by Banking, and Finance colleges in India:
| Exam |
Date |
Schedule |
|---|---|---|
| CUET UG 2024 Exam | 15 May '24 - INR 31 May '24 | CUET UG Schedule |
| CAT 2024 Exam |
Nov ‘24 |
|
| CUET PG 2024 Exam | 11 Mar '24 - INR 28 Mar '24 | CUET PG Schedule |
Preparing for CAT 2024?
- Click to practice Q&A for Verbal ability and Q&A for Quantitative Aptitude.
- Click here for CAT Article
Read more about entrance exams accepting colleges:
- Download CAT Previous Years Question Papers
- Free Online CAT Mock Test Series
- CMAT Mock TestÂ
- MAT Mock Test
Banking and Finance Colleges in India: Exams Aceepted
CAT, MAT, XAT, CMAT, and many more are the exams accepted by banking, finance & insurance colleges in India. See the table below for entrance exams accepted by the number of colleges along with their cutoff predictor for 2024:
| Exams |
No. of Colleges |
Cut off Predictor |
|---|---|---|
| CAT |
280 | CAT 2024 Predictor |
| MAT |
248 |
MAT 2024 Predictor |
| CMAT |
219 |
CMAT 2024 Predictor |
| XAT |
205 |
XAT 2024 Predictor |
READ MORE: Banking, Finance & Insurance Course
Best Private Banking and Finance Colleges in India
The table below shows the private top MBA in Banking and Finance colleges in India along with their total tuition fees:
| Private Colleges |
Total Tuition Fee |
|---|---|
| INR 2 lakh- INR 4 lakh |
|
| INR 4 lakh - INR 6 lakh |
|
| INR 3 lakh - INR 10 lakh |
|
| SIBM Pune Admission | INR 24 lakh |
| FORE School of Management Admission | INR 3 lakh - INR 18 lakh |
Disclaimer:Â This information is sourced from the official website/ sanctioning body and may vary.
Best Govt Banking and Finance Colleges in India
The table below shows the government top MBA in Banking and Finance colleges in India along with their total tuition fees:
| Public Colleges |
Total Tuition Fee |
|---|---|
| INR 4 lakh |
|
| Shaheed Sukhdev College of Business Studies, University of Delhi Admission |
INR 540 - INR 28,000 |
| INR 3 lakh |
|
| INR 1 lakh- INR 2 lakh |
|
| INR 4 lakh- INR 7 lakh |
Disclaimer:Â This information is sourced from the official website/ sanctioning body and may vary.
READ MORE: Banking, Finance & Insurance SyllabusÂ
Best Semi- Govt Banking and Finance Colleges in India
The table below shows the semi-private top MBA in Banking and Finance colleges in India along with their total tuition fees:
| Public Private Colleges |
Total Tuition Fee |
|---|---|
| INR 2 lakh - INR 14 lakh |
|
| Caramel College, Mala Admission |
INR 36,000- INR 76,000 |
| Sree Kerala Varma College Admission |
INR 3,000 |
| Navichandra Mehta Institute of Technology and Development Admission |
INR 3 lakh |
| Haribhai V. Desai College Admission |
INR 1 lakh |
READ MORE: Banking, Finance & Insurance Career Scope
ROI of Best Banking and Finance Colleges in India
Return on Investment (ROI) shows how much profit or benefit you get if you pursue a course from a particular college. It assesses the return of the fee invested by the candidate while studying and the return he/she gets in the form of placements.
Listed below are the best MBA in Banking and Finance colleges in India along with their total tuition fees and average placement package:
| College Name |
Total Tuition Fee |
Average Placement Package |
|---|---|---|
| INR 24 lakh |
INR 24 LPA |
|
| INR 3 lakh- INR 18 lakh |
INR 14 LPA |
|
| Prin. L.N. Welingkar Institute of Management Development and Research, Mumbai |
INR 1 lakh- INR 14 lakh |
INR 9 LPA- INR 12 LPA |
| Shaheed Sukhdev College of Business Studies, University of Delhi |
INR 540 - INR 28,000 |
INR 9 LPA |
| INR 4 lakh |
INR 7 LPA |
Disclaimer:Â The above statistics are based on the latest data.
Top Recruiters for Best Banking and Finance Colleges in India
The table below shows the top Banking and Finance colleges in India along with their average placement package and the prominent recruiters:
| College Name |
Average Placement Package |
Top Recruiters |
|---|---|---|
| INR 24 LPA |
Accenture, Pidilite, Abinbev RB, and Flipkart |
|
| INR 14 LPA |
Signify, GEP, KPMG, HUL, Capgemini, Novartis, Deloitte, etc. |
|
| Prin. L.N. Welingkar Institute of Management Development and Research, Mumbai Placement |
INR 9 LPA- INR 12 LPA |
Adani Group, Accenture, Amazon, Airtel, Deloitte, etc. |
| Shaheed Sukhdev College of Business Studies, University of Delhi Placement |
INR 9 LPA |
Brain, McKinsey, BCG, KPMG, Deloitte, EY, Nomura, Blackrock, AT Kearney, DE Shaw, etc. |
| INR 7 LPA |
Accenture, Amazon, Bajaj Auto, CGI India, Capgemini, Big Basket, DE Shaw, Microsoft, etc. |
Disclaimer:Â This information is sourced from the official website/ media reports/ NIRF website and may vary.
READ MORE: Career in the Banking Sector
Low-cost and Affordable Banking and Finance Colleges in India
It is estimated that joining Banking and Finance colleges in India can be affordable. As most of the colleges (703) have their tuition fees of INR < 1 lakh. Some of the affordable colleges along with their total tuition fees are mentioned below:
| Low-cost Colleges | Total Tuition Fee |
|---|---|
| Shaheed Sukhdev College of Business Studies | INR 540 - INR 28,000 |
|
Amity University Online
|
INR 20,000 - INR 50,000 |
| Manipal Academy of Higher Education | INR 98,000 |
| National Insurance Academy- NIA | INR 5,000 - INR 18,000 |
| Rajalakshmi Engineering College | INR 35,000 |
| IGNOU | INR 8,000 - INR 62,000 |
Top Specialisations Offered by Banking and Finance Course Colleges in India
Finance, Sales & Marketing, Human Resources, Operations, IT & Systems, and many more are different specialisations offered by banking & finance colleges in India. See the table below specialisations offered by the number of colleges:
| Top Specialisations |
No. of Colleges |
|---|---|
| Finance |
790 |
| Sales & Marketing |
514 |
| Human Resources |
483 |
| Operations |
268 |
| Business Analytics |
159 |
READ MORE: Banking Jobs
Best Banking and Finance Colleges in India: Comparison
Listed below is the comparison of top Banking and Finance colleges in India:
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Banking, Finance & Insurance Colleges in India - Courses, Fees, Admissions 2024, Cutoff, Placements
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Commonly asked questions On Banking, Finance & Insurance Colleges in India - Courses, Fees, Admissions 2024, Cutoff, Placements
Q: Â What are the courses available for Finance and Taxation and how to make a career in Insurance?
In Finance and Taxation, CA, CS, CFA, CMA, CPA, MBA in Finance, BBA in Finance, BCom (Taxation), MCom (Taxation), etc. are available. To make a career in Insurance sector, one can start as an Insurance Agent or a Sales Executive- Insurance. For this, they need to clear the agent exam conducted by IRDA (Insurance Regulatory Authority of India). After gaining experience, one can go on to become a manager.
Q: Â Is it worth doing Banking and Finance course from India?
Hi, to determine the worth of joining Banking and Finance course colleges in India, you need to go through its ROI (Return on Investment). Listed below are some of the Banking and Finance colleges in India along with their average placement package and the prominent recruiters:
College Name | Total Tuition Fee | Average Placement Package |
|---|---|---|
SIMB, Pune | INR 24 lakh | INR 24 LPA |
Fore School of Management | INR 3 lakh- INR 18 lakh | INR 14 LPA |
Prin. L.N. Welingkar Institute of Management Development and Research, Mumbai | INR 1 lakh- INR 14 lakh | INR 9 LPA- INR 12 LPA |
Shaheed Sukhdev College of Business Studies, University of Delhi | INR 540 - INR 28,000 | INR 9 LPA |
NIT Calicut | INR 4 lakh | INR 7 LPA |
Hope this answered your query!!
Q: Â Which stream should I opt for in 10+2 for a career in Finance sector?
To make a career in Finance sector, the preferred stream in 10+2 or HSc is commerce it imparts knowledge in accountancy, mathematics, economics, statistics and business studies. The candidate must have completed graduation or equivalent from a recognised university and must be between 20-30 years of age.
Q: Â What are the best colleges for Banking and Finance colleges in India with good placements?
Hi, The table below shows the best Banking and Finance colleges in India along with their total tuition fees:
College Name | Total Tuition Fee |
|---|---|
SIMB, Pune | INR 22 lakh |
Fore School of Management | INR 3 lakh- INR 18 lakh |
Prin. L.N. Welingkar Institute of Management Development and Research, Mumbai | INR 1 lakh- INR 14 lakh |
Shaheed Sukhdev College of Business Studies, University of Delhi | INR 540 - INR 28,000 |
NIT Calicut | INR 4 LPA |
Commonly asked questions On Banking, Finance & Insurance Colleges in India - Courses, Fees, Admissions 2024, Cutoff, Placements
Q: Â What are the best institutes in India for post graduate Diploma in Banking and Finance?
The table below shows the top colleges for Diploma in Banking and Finance in India along with their total tuition fees:
| College Name | Total Tuition Fee |
|---|---|
| SPJIMR Mumbai | INR 20 Lakh - INR 22 lakh |
| FORE School of Management | INR 18 lakh |
| Welingkar Mumbai | INR 1 Lakh - INR 14 lakh |
| Birla Institute of Management Technology | INR 13 Lakh - INR 14 lakh |
| National Institute of Bank Management | INR 14 lakh |
Q: Â How many Banking, Finance and Insurance colleges are there in India?
There are about 1,900+ best Banking and Finance colleges in India. Out of these, 1,105 colleges are privately owned, 187 colleges are owned by public/government organisations, and public-private entities own 92 colleges. CAT, MAT, XAT, CMAT are some of the entrance exams accepted by many top Banking and Finance colleges in India. Symbiosis Institute of Business Management, Galgotias University, Chandigarh University, SPJIMR, LPU, Jamnalal Bajaj Institute of Management Studies, FORE School of Management, etc. are some of the popular Banking and Finance colleges in India.
Q: Â Which is the best college for Banking and Finance in India with good placements?
Hi, SIMB, Pune offered the highest placement package of INR 24 LPA and the prominent recruiters include Accenture, Pidilite, Abinbev RB, and Flipkart, etc. Listed below are some of the best Banking and Finance colleges in Banking and Finance colleges in India along with their average placement package and the prominent recruiters:
College Name | Average Placement Package | Top Recruiters |
|---|---|---|
SIMB, Pune Placement | INR 24 LPA | Accenture, Pidilite, Abinbev RB, and Flipkart, etc. |
Fore School of Management Placement | INR 14 LPA | Signify, GEP, KPMG, HUL, Capgemini, Novartis, Deloitte, etc. |
Prin. L.N. Welingkar Institute of Management Development and Research, Mumbai Placement | INR 9 LPA- INR 12 LPA | Adani Group, Accenture, Amazon, Airtel, Deloitte, etc. |
Shaheed Sukhdev College of Business Studies, University of Delhi Placement | INR 9 LPA | Brain, McKinsey, BCG, KPMG, Deloitte, EY, Nomura, Blackrock, AT Kearney, DE Shaw, etc. |
NIT Calicut Placement | INR 7 LPA | Accenture, Amazon, Bajaj Auto, CGI India, Capgemini, Big Basket, DE Shaw, Microsoft, etc. |
Hope this information proves beneficial for you!!
Q: Â What are the best courses for Banking and Finance in India?
Banking and finance institutes in India provide a wide range of specializations, including Finance, Sales & Marketing, Human Resources, Operations, IT & Systems, and many more. The specializations offered by the number of colleges are displayed in the table below:
Top Specialisations | No. of Colleges |
|---|---|
Finance | 790 |
Sales & Marketing | 514 |
Human Resources | 483 |
Operations | 268 |
Business Analytics | 159 |
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Q: Â Which are the top colleges in India for an MBA in finance with a more affordable tuition fee?
The table below shows the affordable tuition fees of top Banking and Finance colleges in India having fees of INR < 1 lakh:
| College Name | Total Tuition Fee |
|---|---|
| Shaheed Sukhdev College of Business Studies | INR 540 - INR 28,000 |
| Amity University Online | INR 20,000 - INR 50,000 |
| Silver Oak University | INR 70,000 |
| Saveetha Engineering College Chennai | INR 35,000 |
| IGNOU | INR 8,000 - INR 62,000 |
Q: Â What are top job profiles offered after completing Banking, Finance & Insurance course from India?
The various job profiles offered after completing Banking and Finance course from India along with their estimated placement package are mentioned below:
Job Roles | Average Salary in INR |
|---|---|
| Bank Clerks | INR 3.4 LPA |
| Probationary Officer | INR 7 LPA |
| Investment Banker | INR 17 LPA |
| Financial Consultant | INR 5.9 LPA |
| Specialist Officer | INR 7 LPA |
| Insurance Claims Specialist | INR 3.8 LPA |
Disclaimer: The above mentioned salaries has been taken from Ambitionbox; therefore it may vary in future.
Q: Â What is the scope of PGDM in Banking and Finance in India?
Listed below are the various key points of scope of Banking and Finance in India:
- PGDM with a specialisation in Banking and Finance provides a robust foundation for a career in the financial sector.
- The programme encompasses key subjects including financial management, banking operations, risk management, corporate finance, investment banking, and financial markets.
- Graduates with this specialisation are equipped to pursue diverse roles in commercial banks, investment banks, asset management firms, insurance companies, and other financial institutions.
- The curriculum addresses the evolving complexities of financial markets, preparing students to meet the industry's growing demand for skilled professionals.
Q: Â What are the private top Banking and Finance colleges in India?
Hi, the table below shows the private Banking and Insurance colleges in India along with their total tuition fees:
Private Colleges | Total Tuition Fee |
|---|---|
Galgotias University Admission | INR 2 lakh- INR 4 lakh |
CU Admission | INR 4 lakh- INR 6 lakh |
LPU Admission | INR 3 lakh- INR 10 lakh |
| SIBM Pune Admission | INR 24 lakh |
| FORE School of Management Admission | INR 3 lakh - INR 18 lakh |
Hope this information proves beneficial for you!!
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