MBA in Finance: Course Fees, Admission 2025, Syllabus, Top Colleges, Career Scope

MBA in Finance is a two-year postgraduate degree that is split into four semesters. MBA in Finance involves research on the control and evaluation of collection, administration, investment, and resources. Students will learn how to review corporate data, take strategies to increase stock value, manage both profitability and risk, evaluate investments, and much more in the Finance course.

The MBA in Finance course provides numerous chances in the financial industry. Applicants who want to study at top B-schools in India, such as IIMs, should have at least one to two years of work experience. MBA in Finance will act as a plus point for them in seeking admission. Career prospects after completing an MBA in Finance are many and rewarding. 

Yes, MBA Finance have lot of Maths. An MBA Finance typically involves a significant amount of quantitative analysis and mathematical concepts. Finance, as a field, relies heavily on mathematical and statistical tools for decision-making, risk assessment, and financial modeling. 

In MBA Finance, maximum time you will counter with Maths, Statistics and Economics. Hence, you should to with that feild. If you really want to make your career Finance do following things, 

1. Make a good command on Maths & Statistical analysis.
2. Try to get hands on experience in analytical Software.

Right now, you can consider B.A. (Economics Hons) as the good option. However, if you do B.Sc. In Statistics, it will make a boost to your career. Hope this helps. Upvote the answer if you feel satisfied. Ask any query at anytime. Good Luck.

Yes, MBA Finance is a promising career choice and one of the most popular specialisations offered in the MBA degree. After completing an MBA Finance, students can pursue various online certification courses like the Chartered Financial Analyst (CFA), Financial Risk Manager (FRM), and Certified Financial Planner (CFP).

Students can also pursue doctorate degree after MBA Finance. The MBA in Finance course scope in India is large and expanding. With the increasing complexity of financial markets, there is a growing demand for finance specialists. MBA in Finance graduates can work in a range of positions, such as:

• Financial analysts analyse financial data and give suggestions to businesses and investors based on their knowledge of finance.
• Investment bankers assist businesses in raising funds by issuing stocks and bonds. They also provide merger and acquisition advice to organisations.
• Portfolio managers oversee investment portfolios for individuals and institutions. They use their financial knowledge to identify investments that will help their customers achieve their objectives.
• Risk managers identify and manage the hazards that firms face. Read More: Scope of MBA Finance

• MBA Finance subjects are excellent for those who want to succeed in finance and advance their careers.
• In India, the financial sector is growing at a rate of roughly 8.5% each year. This means that an MBA Finance in India will provide you with a lot of opportunities to advance.
• Financial analysts are extremely useful in both the public and private sectors. Finance is a sector that is not limited to a single industry and is quite diverse.
• Students receive a wide range of skills and knowledge in business and finance, which opens the door to future professional opportunities. They study investment strategies, company risks, as well as global economic and corporate risks. The salary after completing an MBA Finance programme is fairly excellent. 

The general eligibility criteria to get admission to the best Finance MBA colleges in India are listed below:

• A minimum of 50% aggregate or equivalent CGPA in a bachelor's degree from a recognised university
• For Reserved category students, the minimum aggregate required is 45%
• Most institutes accept candidates on the basis of entrance exam scores like CAT,  XAT,  CMAT,  MAT, etc.

Yes, for sure a students can pursue an MBA in Finance after completing a BBA in Retail Management. Many MBA programs do not require a specific undergraduate degree in a particular field and they accept candidates with diverse educational backgrounds. 

Some MBA courses may have prerequisite courses in subjects like Accounting, Economics or Finance. If their particular BBA course did not cover these topics, students might need to take additional courses before or during their MBA programme to meet the requirements.

Hi,

Admission procedure for all MBA specialisation including MBA in Finance are same. In order to pursue full time MBA or PGDM program you need: -

• Graduation in any field with at least 50% aggregate marks to be eligible to apply.
• Then, you need to clear the selection process of the B-school, starting with an entrance test accepted by the B-School. For e.g. CAT, MAT, SNAP, CMAT.

After completing MBA in finance you may look out for: Exciting careers in banks, financial consultancies and financial institutions.Get involved in consumer and investment banking, institutional finance, merchant banking, corporate finance and international finance.Provide consultancy services to corporate and government organizations.

Good experience in this field can also lead you to serve on government committees and contribute significantly to policy-making issues.

You can refer the link for top colleges offering MBA-Finance: https://www.shiksha.com/mba-in-finance-chp

Hope it helps. 

In MBA Finance Personal Interview you will be asked the following questions:

1. Tell me about yourself
2. Why did you choose finance as your specialisation in MBA?
3. What do you know about our company and its financial operations?
4. How do you stay updated with the latest financial trends and news?
5. Can you explain the concept of working capital?
6. What is the importance of financial planning and analysis (FP&A) in an organization?
7. How would you handle a situation where a project you were managing goes over budget?
8. Give an example of a time when you had to analyze financial data to make a recommendation.
9. How do you prioritize financial tasks when you have multiple deadlines to meet?
10. Where do you see yourself in your finance career five years from now?
11. MBA finance interview questions and answers
12. What is your understanding of financial risk management?
13. Can you explain the concept of ROI (Return on Investment)?
14. How do you stay updated with financial market trends and news?
15. Describe a situation where you had to make a tough financial decision.
16. How do you handle tight deadlines and high-pressure situations in finance?
17. What do you think are the biggest challenges in the finance industry today?
18. How do you approach financial analysis to make investment recommendations?
19. Where do you see yourself in your finance career in the next five years?
20. How do you handle financial data confidentiality and ethical considerations in your work?
21. Can you provide an example of a successful financial project or initiative you were involved in?

To apply for an MBA program, you typically need to follow these steps:

1. Choose MBA Programs: Decide on the MBA programs you want to apply to. Consider factors such as programme specialization, location, ranking, and admission requirements.

2. Check Eligibility: Review the admission requirements of each MBA programme you are interested in. Ensure that you meet the minimum eligibility criteria, which often include a bachelor's degree and, in some cases, work experience or standardized test scores like the GMAT or GRE.

3. Prepare Required Documents: Gather the necessary documents for your MBA applications. Commonly required documents include:

   • Academic transcripts and degree certificates
   • Resume or curriculum vitae (CV)
   • Letters of recommendation
   • Statement of purpose or personal statement
   • Standardized test scores (if required)
   • English language proficiency test scores (e.g., IELTS or TOEFL) for international applicants
   • Application essays or responses to specific prompts

4. Register for Standardized Tests: If the MBA programs you are applying to require standardized test scores (e.g., GMAT or GRE), register for the tests, take them, and ensure your scores are sent to the respective universities.

5. Complete Online Applications: Visit the official websites of the MBA programs you wish to apply to and complete their online application forms. Most universities now offer online application portals. Fill out the required information, upload your documents, and pay the application fee.

6. Application Fee Payment: Yes, you can typically pay the application fee online using credit/debit cards, electronic funds transfer (EFT), or other online payment methods. Ensure that you follow the specific payment instructions provided by each university. Keep copies of payment receipts for your records.

7. Submit Applications: Once you have completed the online application forms, reviewed your information, and paid the application fees, submit your applications electronically. You will usually receive a confirmation email upon successful submission.

8. Track Application Status: Use the university's application portal to track the status of your application. This will help you monitor whether your application is complete and whether any additional documents are required.

9. Interviews and Admission Decisions: If you are shortlisted, you may be invited for interviews or additional assessments as part of the admission process. After the evaluation process, you will receive admission decisions.

10. Acceptance and Enrollment: If you receive admission offers, review them carefully and decide which programme to accept. Follow the enrollment instructions provided by the university to secure your spot in the MBA program.

11. Financial Aid and Scholarships: Explore financial aid options, scholarships, and assistantships offered by the university or external organizations. Apply for these opportunities if you qualify.

12. Visa Application (for International Students): If you are an international student, apply for a student visa well in advance of your programme start date.

Yes, maths is important in finance. Basic maths of 10th-12th is important in subjects like corporate finance in the calculation of company's valuation. Simple calculations on average, percentages, ratios, statistics (mean, variance and standard deviation) are common.

MBA Finance focuses on financial management, investment analysis, risk assessment, and corporate finance. Core courses often include financial reporting, financial markets, and financial strategy.

NMIMS, in HR focuses on human resource management, organizational behavior, talent acquisition, employee relations, and strategic HR planning. Core courses may cover HR strategy, compensation management, and organizational development.

Candidates can check the table below to see the comparison between the two.

The biggest debate keeps hindering around 2 gigantic names, CFA or MBA? A million dollar question indeed.

Masters in Business Administration-Finance, where students are introduced to various areas of business like accounting, marketing, human resources, operations management, and majorly to finance. The career path after MBA depends on a lot of factors, including your area of interest, previous work experience and business acumen of a specific domain. What you learn from an MBA is a broad understanding of how all the different bits and pieces fit together, so you can talk to all the key managers and operators and understand what they are saying. It proffers you the skills to be able to strategize and harness all the resources accessible to you to achieve your goal.

These are the advantages of MBA in finance over CFA. But with everything, there are some demerits. You really don't get the full application out of an MBA programme unless you go into it with five to seven years of work experience. So, to find a well-paying job, you need experience as MBA is not very much industry oriented.

Both MBA Finance and MBA IB are equally good specialisations . Finance graduates can be employed in all types of industries where as IB graduates are employed in companies having international operation or trade bodies or in embassies. Sector specific specialisation have lesser scope in comparison to generic specialisation. It is recommended that you chose your specialisation based on your interests and preferences to excel in the field of your choice.

CAT (Common Admission Test) is a competitive exam conducted by the Indian Institutes of Management (Iims) for admission to various management programs. Here are the general steps to apply for CAT 2025:

• Visit the official website of CAT (iimcat. ac. in) and click on the "New Candidate Registration" link. 
• Fill out the registration form with basic details to register
• Then fill the CAT 2025 application form with your personal and academic details.
• You will also need to upload your photograph, signature, and other required documents.
• Pay the registration fee online through the available payment modes.

After successful registration, you will receive a confirmation email containing your registration details and application number.

You can download your admit card from the official website once it is released. The admit card contains important details such as exam date, time, and venue. Please note that the exact process and dates may vary slightly from year to year. It is advisable to regularly check the official CAT website for updates and notifications.

SNAP is one of the few MBA entrance exams which is easy in terms of difficulty level. It is much easier The number of questions, as well as the exam duration are less that than other MBA entrance exams. The type of questions asked in SNAP as also pretty straightforward.

Moreover, SNAP exam is held thrice for candidates to repeat attempts, which allows candidates to improve their score if they want to. The SNAP syllabus is same as other MBA entrance exam and there are no questions on Reading Comprehension or Data Sufficiency. This makes the SNAP exam much easier to crack than other exams.

Since 2020, the exam is conducted for only 60 minutes and the total number of questions asked is also 60. The first section of SNAP question paper is General English, the second section is Analytical & Logical Reasoning and the third section is Quantitative, Data Interpretation & Data Sufficiency.

Yes, the difficulty level of CAT syllabus is very high as compared to other MBA entrance exams. However, if you prepare well and follow the CAT exam pattern well, you will be able to score well. Besides having an understanding of the CAT syllabus 2025, candidates also need to be well aware of the CAT exam pattern before they start preparing for the exam. The CAT exam pattern was revised in 2021 and the number of questions were reduced from 76 to 66. The structure of CAT 2023 and CAT 2024 was the same. The syllabus is still tougher than other exams.

The most important things to keep in mind are:

1. CAT exam mode is online
2. Each question carries three marks 
3. There is negative marking of minus one mark for wrong attempts

The section-wise distribution of questions and difficulty levels as per the latest CAT exam pattern are listed below:

• Quantitative Ability (QA) - 24 questions, difficulty level - moderate to high 
• Data Interpretation and Logical Reasoning (DILR) - 20 questions, difficulty level - moderate 
• Verbal Ability and Reading Comprehension (VARC) - 22 questions, difficulty level - moderate. to high

The SNAP cut-off for Reserved category students varies from institute to institute, but it is lower than that of General category candidates in all B-schools. For Symbiosis Institute of Business Management (SIBM) Pune, the SNAP cut-off for reserved category candidates last year was: SC : 73.0880 ST: 38.8921 DA: 46.5174 KM: 87.9513. Candidates belonging to Reserved categories, having this much score are eligible for the Group Exercise (GE), Personal Interview (PI) and Writing Ability Test (WAT) round which is conducted for MBA admission. Candidates have to clear this round to get admission. 

As far as scholarship is concerned, top 20 overall scorers get a rebate of Rs 5 lakh in the course fee ( as per last year). Also, there is scholarship for girl students and students from IITs and NITs who join SIBM Pune.

ATMA (AIMS Test for Management Admissions) is a national-level entrance exam conducted by the Association of Indian Management Schools (AIMS) for admission to MBA/PGDM and other postgraduate management programmes in various B-schools across India.

The syllabus and exam pattern for ATMA are as follows: Syllabus: The ATMA exam tests the candidate's aptitude in the following areas:

Analytical Reasoning Skills Verbal Skills Quantitative Skills Exam Pattern: The ATMA exam is a computer-based test. The duration of the exam is 180 minutes (3 hours). The exam consists of 180 Multiple Choice Questions (MCQs). The questions are from three different sections, namely Analytical Reasoning Skills, Verbal Skills, and Quantitative Skills. Each correct answer carries one mark, and there is a negative marking of 0.25 marks for incorrect answers. The total marks for the exam are 180. The detailed section-wise exam pattern is as follows:

• Section 1: Analytical Reasoning Skills This section tests the candidate's analytical and logical reasoning abilities. It consists of 60 MCQs. The section tests the candidate's knowledge of topics such as Coding-Decoding, Blood Relations, Analogy, etc.
• Section 2: Verbal Skills This section tests the candidate's English language skills. It consists of 60 MCQs. The section tests the candidate's understanding of topics such as Grammar, Vocabulary, Reading Comprehension, etc.
• Section 3: Quantitative Skills This section tests the candidate's Quantitative Aptitude. It consists of 60 MCQs. The section tests the candidate's knowledge of topics such as Arithmetic, Algebra Geometry, Trigonometry etc.

MBA Finance and MBA in Marketing are both excellent specialisations with a wide range of opportunities. However, the precise specialisation with the most scope will be determined by your interests and skills. MBA Finance is a more quantitative specialisation that focuses on financial data analysis, investment opportunity evaluation, and risk management. MBA in Marketing is a more specialised degree that focuses on understanding client behaviour, developing marketing strategies, and managing marketing campaigns. Read More: Top MBA specialisations in India

Yes, an MBA Finance degree after Company Secretary (CS) will help one gain foothold in the industry. It will lead to job profiles at consultant and managerial levels. It will also help the graduates to apply their managerial skills to the effective functioning of the company. CS is a more professional course and an MBA degree will add as a bonus definitely.

Mathematics is not as important as an individual subject in finance education. But, in the background it does play an important role for understanding some of the useful concepts in finance management. An inclination towards learning mathematics and some elementary knowledge of mathematics would be sufficient for you.

To develop strong quantitative skills for MBA in Finance, you need to focus on following path:

Practice with real data: You can analyze datasets, financial models or statistical problems. For this you can use open datasets from resources like Kaggle or Google Dataset Search etc.

Learn project management: Further you need learn this skill which involves planning, budgeting, analyzing financial data and making informed decisions.

To improve your mathematical and quantitative thinking abilities,  try practising mathematics without a calculator.

Hi.Yes, algebraic math is an important topic in MBA finance programs. It is used extensively in financial analysis, forecasting, and risk management. Maths might be needed a bit if you are appearing for an entrance exam but, as far as MBA finance is concerned you only need to have knowledge of statistics and basic math which would be sufficient. Math is not required in 12th or graduation to be eligible for MBA in Finance .

Thanks 

NMIMS (Narsee Monjee Institute of Management Studies) is a well-known and reputable institution for management studies in India. The institute is ranked among the top B-schools in the country by various national and international ranking agencies. The MBA programme in Finance offered by NMIMS is highly regarded and attracts a large number of students each year.

The programme is designed to provide students with a strong foundation in finance and management, and prepares them for a career in the financial sector. NMIMS has a strong network of alumni, many of whom hold top positions in leading companies in India and abroad. The institute also has collaborations and partnerships with several international universities and business schools, which provide students with opportunities for global exposure and learning.

Overall, an MBA in Finance from NMIMS is considered to be a valuable investment in terms of career growth and opportunities. The institute has a strong reputation for academic excellence, industry-relevant curriculum, and excellent placement opportunities, making it a preferred choice for many students who aspire to pursue an MBA in Finance.

There are about 150+ distance MBA in Finance colleges in India. Some of the colleges are mentioned below along with their total tuition fees:

There are about 1,700+ best MBA Finance colleges in India. Among these, 1,329 colleges are privately owned, 148 colleges are owned by public/government organisations, and public-private entities own 12 MBA colleges. CAT, MAT, CMAT, XAT, ATMA, etc. are some of the most accepting entrance exams in top Finance MBA colleges in India. IIM Calcutta, IIM Kozhikode, XLRI Xavier School of Management, NMIMS School of Business Management, Mumbai, IIM Lucknow, JMI, Management Development Institute, etc. are some of the popular MBA in Finance colleges in India.

It is estimated that joining an MBA in Finance college in India can be worthwhile. Listed below are some of the colleges having total tuition fees of less than INR 1 lakh:

Hope this answer your query!

There are currently around 1600 institutions that offer an MBA in Finance. Only 12% of these are owned by the government, with the remaining portion possessed by private owners. Below is the list of Colleges that provide MBA in Finance Course:

• IIM Calcutta
• IIM Bangalore
• IIFT Delhi/Kolkata
• IIM Indore
• IIM Shillong
• ISB Hyderabad
• FMS Delhi
• SPJIMR Mumbai
• JBIMS Mumbai
• SJMSoM IIT Bombay

Department of Financial Studies , University of Delhi offers MBA in Financial Management . The entrance test required for admission is CAT . Usually the cutoff varies from 94–95 percentile depending upon the pool of students who apply for the institute.

Apart from that institute also gives weightage to 10th and 12th marks (especially Maths) though the weightage is low. Exact distribution will be given in the admission notice. As far as your work experience is concerned , there is no direct weightage for work experience as of now but yes having work experience will definitely help you in your interviews.

To be on a safe side it's better to have a percentile of more than 95% .

The cutoff for an MBA in IIM Calcutta varies each year depending on several factors including:

• Number of applicants: The more applicants, the higher the cutoff.
• Quality of applicants: The stronger the applicant pool, the higher the cutoff.
• Number of seats available: The fewer seats available, the higher the cutoff.

Check below the Cuttoff list of IIM calcutta for recent years:

Below are the Steps you need to follow to improve the chances of meeting MBA in Finance cutoffs:

• Prepare for entrance exams: Study diligently and practice mock tests.
• Build a strong academic record: Aim for a high GPA in your undergraduate studies.
• Gain relevant work experience: Internships or full-time jobs in finance can be beneficial.
• Participate in extracurricular activities: Demonstrate leadership and teamwork skills.
• Prepare for interviews: Practice answering common interview questions and showcase your passion for finance.

The highest salary that ranges for MBA in Finance is between INR 30-40 LPA. The average annual salary for MBA graduates in the banking and financial institutions field ranges from INR 3 LPA to INR 20 LPA, depending on the job role.

India is known as an intellectual hub stands out to be a favourite destination to the recruiters across the globe. Major recruiting companies that hire MBA Finance graduates are Accenture, Amazon, Google, KPMG, and Deloitte. Additionally, there are several other global recruiters, including Johnson & Johnson, Nike, PricewaterhouseCoopers, PepsiCo, Unilever, and Deutsche Bank.

The online MBA admission process may vary from one institute to another. Some universities or institutes may offer MBA admission online on the basis of merit while others may have their own MBA online exams for admission. Aspirants who are looking for an online MBA admission to join online MBA classes may follow the online MBA application process below.

Apply for online MBA entrance examinations such as CAT, XAT, MAT, ATMA or SNAP

Most MBA online exams are conducted virtually. So, aspirants must ensure their internet connectivity should be strong and protected.

Secure scores equivalent to or higher than the expected online MBA cut-off.

Fill up the application form and send it with the scores to management colleges offering online MBA courses.

Those who get seats offered in the college are required to complete the online MBA admission process.

After that, pay the online MBA fees and complete the documentation process.

Many top online MBA schools only consider the graduation marks and not the entrance exam score when it comes to MBA online admission. On the other hand, some online MBA universities provide admission based on the following exams.

1. Common Admission Test (CAT) :The Common Admission Test is one of the popular management entrance exams in India. It is conducted on a rotational basis by IIMs. Many B-schools consider CAT scorecards to offer admission to their online MBA course 

2. Xavier Aptitude Test (XAT) : The Xavier Aptitude Test is a national-level management entrance exam conducted by XLRI Jamshedpur for admission to online MBA programs. Those who want to pursue the best online MBA can appear for XAT and gain admission to study MBA online.

3.Management Aptitude Test (MAT) : All India Management Association (AIMA) conducts Management Aptitude Test (MAT) four times a year. It is a national-level entrance exam conducted in February, May, September and December. So, taking MAT is the best option to get admitted to online MBA programs in India.

4. Symbiosis National Aptitude Test (SNAP) : It is a national-level entrance exam conducted by Symbiosis International University (Deemed University) for admission to its online PGDM courses in India. After taking SNAP entrance tests, candidates can apply to those colleges offering the best online MBA courses.

5. Common Management Admission Test (CMAT) : The National Testing Agency (NTA) conducts the CMAT annually to offer admission to management courses. CMAT is an online (computer-based) entrance exam and its scorecard is valid for admission to online PGDM courses in India.

The mode of application is online for ABS. Check below the steps to apply for Amity Business School admission:

1. Visit the official website, amity.edu
2. Click on 'Apply Now' on the Home page.
3. Register with the basic details to generate login credentials.
4. Login to fill out the application form.
5. Upload the documents and pay the application fee of INR 1,500.
6. Submit the application form.

There are about 150+ distance MBA in Finance colleges in India. Some of the colleges are mentioned below along with their total tuition fees:

Pusuinng an MBA Finance in Online mode is flexible, convenient and costs less than a full-time course. Anybody can pursue an online MBA course of any institute/university from any location. There is no constraint of physical attendance and fear of missing lectures as all video lectures are recorded for students to access later, if needed.

There are about 15+ distance MBA in Finance colleges in Pune. Some of them are mentioned below along with their tuition fees:

Salary is never a constraint for a good and deserving candidate. The most important thing is the scorecard of the student pursuing MBA or any other professional course. If you are pursuing MBA, than kindly make sure that your scorecard is excellent. It is your scorecard that will keep you ahead of others. As far as package is concerned, it depends on your negotiating capability with the employer at the time of the interview. How confident you are during the interview makes a lot of difference. For private sector banks than too, one can expect a beginning somewhere around 3.5 to 4 lacs per annum. I hope this would suffice. All the best and God bless you.

IIM Lucknow offered the highest placement package of INR 30 LPA and the prominent recruiters participated include Accenture, Deloitte, McKinsey, Google, TCS, etc.

The table below shows some of the top MBA in Finance colleges in India along with their average placement package and the prominent recruiters:

Hope this information proves beneficial for you!

IIM graduates or students of top MBA colleges are offered average of INR 16-20 lakh per annum CTC during campus placements Overall, the average starting salary of MBA Finance in India is over INR 6.50 lakh per annum according to payscale.com.

In India, the average CTC for an MBA Finance ranges from 6.5 lakh to 18 lakh per year. Salaries, however, might vary depending on the function, the business, and the individual's expertise. Some of the elements that can influence the CTC awarded to an MBA in Finance graduate are as follows:

The school you attend might have a significant impact on your CTC. Higher pay are often offered by schools with a good reputation and a large alumni network.
The specialisation: The specialisation you choose can have an impact on your CTC. Some specialisations, such as investment banking and private equity, are in high demand and pay well.

MBA Finance students can benefit from a wide range of online courses to complement their studies and enhance their skills. 

Here are some online courses that can be particularly valuable for MBA Finance students:

Below is the list of areas of work of MBA in finance Graduate:

In personal, finance decisions are made about paying for education, financing goods such as real estate and vehicles, buying health and property insurance, investing and saving for retirement. Corporate finance is all about providing the funds for a business activities.

Job of a finance manager:

1. Balance risk and profitability
2. Study and forecast economic trends
3. Review company reports and suggest efficiencies
4. Work to maximize stock value
5. Manage funds, including choosing a portfolio of investments
6. Apply principles of financial risk management

Public finance is concerned with the financial dealings of states, as well as related public entities such as school districts or government agencies. Job offers you will get like:

1. Risk management
2. Investment banking
3. Merchant banking
4. Credit analyst
5. Venture capital
6. Consulting

Admission requirements for applying to MBA in Finance Courses vary depending on the college. Some of the required admission documents are Bachelor's degree transcripts, a completed application form, and a letter of recommendation. Most of the Universities ask for GMAT scores as well.

The median base salary of the MBA graduates at Stanford University is around USD 182,500 (INR 1.52 Cr) and around USD 50,000 (INR 41.71 L) as the median performance bonus. The Stanford University MBA package 2023 across multiple industries in which the graduates of the university are employed is listed below:

There are various Universities in UK that provide scholarships which includes:

• University of Manchester
• Imperial College London
• The University of Edinburgh
• University of Cambridge
• King's College London
• University College London
• London School of Economics and Political Science

The US and the UK are two popular destinations for studying MBA in Finance abroad for international students. They both have world-ranked universities that offer world-class education with multiple career options. The table below includes the comparison between these two countries for studying MBA in Finance:

Both the countries look good in terms of MS in Fianance fees and universities. Therefore, it's your choice where you wish to study MS in Finance abroad.

Finance is a universal need for businesses everywhere, hence, indeed doing an MBA in Finance abroad can lead to lucrative career. With this degree, students can work in various sectors like Banking, MNCs, Investment firms, etc. MBA in Finance graduates have job prospects in various roles such as:

• Asset Management
• Risk Management
• Financial Consulting
• Hedge Fund Management
• Commercial Banking
• Treasury Management

It is surely possible to enter in banking after MBA in banking and finance. The ways, you can be hired in banking sector are- IBPS exams Direct job placements by MBA colleges. Mostly every time, we don't get selected in top MBA colleges, so that we may get job placements in banks.

So, the next option will be that after completing MBA from even from small MBA government college, we can try in private banks like AXIS, HDFC, ICICI through submitting our resume on banks official site at the time of recruitment. Through IBPS exam, you can choose 36 banks from a list to get hired. Some are government and some banks are private but the salary offered is same. For that preparation is must for IBPS exam. IBPS stands for Institute of Banking and Probationary officers. After MBA if you join a bank, you will be placed as an assistant manager. And after graduation if you get hired in banks, you will be placed as a probationary officer. Also, there is a one way to get hired in bank without IBPS exam.

That is IIBF (Institute of banking and finance). It's a central government institute body. So, from here we can take a course of 6 months in distance mode as Diploma in banking and finance after our graduation or after MBA. After successfully completing of 6 months of diploma, they offer employment as a placement in banks.

This course has two names JAIIB and Diploma in banking finance. These courses are made by government who are willing to work in banks or for promotion in banks. So enroll yourselves in IIBF as only a few people know about it. Feel free to ask. Thanks.

MBA finance is a hot qualification & based on your skills, knowledge & personality traits you can excel in any of the following areas: Academics, Banking, Accounts, Investment banking, capital markets, fund management, credit ratings, Equity Analyst, Finance, etc. In fact MBA finance candidates do fall in the higher paying jobs category.

The decision to pursue an MBA in Finance or HR ultimately depends on your career goals and interests. Both fields offer rewarding career opportunities and can lead to successful and fulfilling careers.

Here are some things to consider before applying for following courses:

MBA in Finance:

1. If you are interested in the world of finance, investments, banking, and accounting, then pursuing an MBA in Finance can be a good fit for you.
2. With an MBA in Finance, you can pursue careers such as financial analyst, investment banker, risk manager, corporate treasurer, or financial planner, among others.
3. You will learn about financial analysis, investment strategy, capital markets, risk management, and financial modeling, among other topics.

MBA in HR:

1. If you are interested in working with people and are passionate about building and managing a team, then pursuing an MBA in HR can be a good fit for you.
2. With an MBA in HR, you can pursue careers such as human resource manager, talent acquisition specialist, employee relations specialist, training and development manager, or compensation and benefits manager, among others.
3. You will learn about talent management, leadership, employee relations, performance management, and compensation and benefits, among other topics.

Ultimately, the decision to pursue an MBA in Finance or HR depends on your career aspirations and personal interests. Consider researching job opportunities in both fields, talking to professionals in each area, and evaluating your skills and interests to make an informed decision.

Pursuing an MBA Finance can have several advantages and some drawbacks as well. They are listed below:

Pros:

·       Specialized Knowledge: An MBA in Finance provides specialised knowledge and skills in areas such as financial analysis, investment management, corporate finance, and risk management, which are highly sought after in the finance industry.

·       Career Advancement: Having an MBA in Finance can open up opportunities for career advancement, including higher-level management positions, such as financial analyst, investment banker, or finance manager.

·       Networking Opportunities: Business schools often provide extensive networking opportunities, allowing students to connect with industry professionals, alumni, and potential employers, which can be beneficial for career growth and job placement.

·       Higher Earning Potential: On average, individuals with an MBA tend to earn higher salaries compared to those without one, and within the finance industry, this trend holds particularly true due to the specialised skills and knowledge acquired through the program.

·       Versatility: MBA Finance can be versatile, allowing graduates to pursue various career paths within the finance industry, including roles in investment banking, corporate finance, asset management, consulting, or even entrepreneurship.

Cons:

·       Cost: MBA programs, especially those from top business schools, can be quite expensive. 

·       Time Commitment: MBA programs typically require a significant time commitment, often lasting two years for full-time programs. 

·       Competitive Admission: Admission to top MBA programs can be highly competitive, requiring strong academic credentials, work experience, and extracurricular involvement. 

·       Saturation: The Finance industry can be competitive, and an MBA alone may not guarantee a job or career success. 

·       Evolving Industry: The finance industry is constantly evolving, with new technologies, regulations, and market trends shaping the landscape. 

Compared to the MBA in HR & Marketing, the MBA in Finance requires practice and mathematical skills. Advanced accounting conceptual understanding is required. To be honest, when it comes to an MBA in finance, someone with a bachelor's degree in business administration or commerce will have some prominence.

But ultimately, everything will depend on you—your diligence, dedication, and skill will be the key factor.

An MBA in finance is undoubtedly a great option if you're willing to put in the hard work.

Joining the top MBA in Finance colleges in Maharashtra can be worthwhile for you. For that, you need to check its ROI. Listed below are some colleges along with their tuition fees and average placement package:

IFMR GSB, Krea University has been ranked 60 by NIRF ranking 2022 for Management category. Moreover, the highest package offered during IFMR placements 2023 was INR 22.90. Further, the college provides modern amenities with state-of-the-art infrastructure to its students. Also, IFMR Graduate School of Business provides various facilities to the students and some of them include spacious classrooms, sports, separate hostels for boys and girls, auditorium, seminar halls, health facility, etc.

If candidates are passionate about the agriculture sector and its related businesses, an MBA in Agribusiness might be more fulfilling, whereas an MBA in Finance could offer a broader range of career options across industries.

Candidates can check the table below to see the comparison between the two courses.

Finding a full-time Executive MBA in Finance that doesn’t require entrance exam scores can be challenging, as most programs use these exams to assess candidates' academic potential. However, some institutions offer flexibility in their admission criteria.

For instance, GIBS (Global Institute of Business Studies) provides an Executive MBA programme with a focus on Finance, and they often have flexible admission requirements that might not include standard entrance exams.

Similarly, other institutions like the Indian School of Business (ISB) and the SP Jain Institute of Management and Research sometimes offer executive programs with alternative admission processes, such as interviews or prior academic and professional qualifications.

It's important to check each program's specific admission criteria as policies can vary, and contacting the admissions office for personalized guidance is a good strategy to understand your options better.

Yes there are many college level and other scholarships avillable for MBA.

You can explore about-

• BML Munjal Scholarship
• Merit Cum Means Scholarship for Professional and Technical Courses CS (Minorities)
• IDFC FIRST Bank Scholarship
• Post Graduate Scholarship for Professional Courses for SC/ST
• ONGC Scholarship
• Scholarships offered by IIMs
• NMAT Scholarships
•  

XAT (Xavier Aptitude Test) and CAT (Common Admission Test) are both popular management entrance exams in India. Both exams are known for their high level of difficulty and are considered challenging to crack. In terms of difficulty, it is difficult to compare XAT and CAT as both exams have their own unique characteristics.

However, XAT is considered to be more challenging than CAT in certain aspects such as:

1) Exam Pattern: XAT has a more varied exam pattern as compared to CAT. XAT has an additional section of General Knowledge, Essay Writing, and decision-making which requires a different skill set as compared to CAT.

2)Time Management: XAT has a higher number of questions as compared to CAT. And the time allotted for the exam is also relatively less. This makes time management a critical aspect for XAT aspirants.

3) Verbal Ability: XAT has a stronger focus on Verbal Ability as compared to CAT. The Reading Comprehension passages in XAT are usually longer and more complex than CAT. Which makes it more challenging. However, it is important to note that the level of difficulty of these exams varies from year to year, and it ultimately depends on the individuals preparation and skill set.

A Masters degree in finance is a good option in itself but combined with a professional certification it can produce amazing job opportunities and scope for career growth. Certification can add a lot of value to your CV and give you an edge over the competition. You can do following courses after MBA Finance. Company Secretary CS Be it legal record management, tracking of records or maintaining records of key business functions, CS will help you. This course can be done on ones own time and adds a lot of value to ones resume

• Actuary: Keeping track of risk, identifying it and keeping an eye over uncertainties with the help of data and statistical tools can help with any business function, this is where an actuary steps in. Being an expert ATIT can prove to be very beneficial especially in the future.
• Certificate in Quantitative Finance: Mathematics is an evergreen field and one can find jobs in IT, Quantitative trading, derivatives and even insurance. Doing this course is a sure way to prove your ability in this field.
• Certified Information Systems Auditor (CISA): The combination of the skills IT and accounting have many applications in the real world. The certification is widely recognised in the corporate world and a job is almost a guarantee after this course.
• Certification in Risk Management Assurance (CRMA): If you plan on having a career in internal audit, CRMA is a good option. It is conducted by the institute of internal auditors. The mode of self-study is best for this course and it adds a lot of value to ones profile. 

If you're looking to pursue an MBA in Banking & Finance through distance education, it's important to choose a recognised university with a solid reputation in the field. Look for programs that offer flexibility, industry-relevant curriculum, and good support services.

For a list of top distance MBA colleges in India, including those offering Banking & Finance, check out this link. It will help you find the best options.

The University of York offers various scholarships to international students to manage their studies. Students get the University of York scholarships based on their achievements. We have mentioned below the name of few scholarships for students:

International students can also apply for the following competitive scholarships:

• Commonwealth Scholarships
• Commonwealth Split-site Scholarships
• Charles Wallace India Trust Scholarships
• Department of Social Justice & Empowerment National Overseas Scholarship
• J N Tata Endowment Loan Scholarships

Yes. Candidates with an MBA in Finance degree can get job roles of Capital Market Consultant, Equity Fund Manager, Wealth Manager, etc. The students who have already studied MBA in Finance study about financial markets and also company stocks and bonds that help them understand the market in a better manner.

The application fee is S$20 (plus the applicable Goods and Services Tax).  Please keep in mind that money must be received by the application's deadline. The application cost is non-refundable. Several modes are available:

• S$10 by electronic payment using Visa, Mastercard, AMEX, AliPay, or PayNow. This payment method does not accept debit cards. After you have submitted your application, you can make your payment using the Online Payment option on the Acknowledgement Page. You can also make your payment by logging in to the Applicant Portal with your application number and PIN.

In addition to this, international students also need to fulfill the other requirements set by the university like submitting their GMAT / GRE scores along with proof of English language proficiency. You also need to submit a set of official transcripts of your previous academic credentials issued by the registrar of the institution you attended. Your transcripts should be in the English language. Along with this, you also need to submit a Resume clearly indicating dates of employment in Month/Year format.

The Harvard Business cost to study MBA program is INR 18 L - 62 L as per the specializations for international students. We have mentioned below the Harvard MBA total cost for international students including cost of living:

Also read about the MBA Cost in the USA in 2024 for Indian Students

The Harvard University cost of living for the MBA Program for the 2023-2024 academic year is mentioned below:

*based on average area market rate for a 2 bedroom apartment w/roommate
**based on average area market rate for 1 bedroom apartment
***based on average area market rate for 2 bedroom apartment

Read more about the Cost of Living in the USA for International Students

Choosing an undergraduate course as a BBA

Here are a few undergraduate courses that are commonly chosen by students interested in finance:

• Bachelor of Commerce  (BCom)
• BBA
• BA in Economics
• BSc Mathematics
• BSc Statistics
• BSc Physics

Joining the top MBA in Finance colleges in Ahmedabad can be worthwhile for you. For that, you need to check its ROI. Listed below are some colleges along with their tuition fees and average placement package:

For an MBA and Finance at Delhi University specifically at the department of financial study dfs the latest cutoff of information indicates a high percentile on these CAT exam typically around 95 to 98% considered a safe but for admission with a trend of cutoff increasing slightly each year it is important to know that the exact cut off can Veri depending on the applicant pole and the year for admission

Yes, Indian Institute of Management, Calcutta offers various scholarships to students as financial assistance. IIM Calcutta scholarships 2024 are sponsored by multiple companies, such as Ratan Tata Trust and the Aditya Birla Group. There is T. Thomas Scholarship which is sponsored by HUL and the college also awards OP Jindal Engineering & Management Scholarships. These scholarships are largelly offered to deserving students on the basis of merit and various other criteria set by the sponsors.

Yes, an online certification in MBA Finance can be as valuable as an offline one if it is from an accredited College or university. Many employers recognize the skills and knowledge gained from online programs, particularly as they become more common and accepted in the business world.

Candidates seeking admission in IIM Kozhikode for MBA in Finance can refer to the table given below to check out the previous year's CAT percentile:

Yes, algebraic math is an important topic in MBA finance programs. It is used extensively in financial analysis, forecasting, and risk management. Other areas of math such as calculus, Probability and Statistics are also important in finance, and MBA courses generally cover these topics as well. It is recommended to have a good foundation in Algebra and other mathematical concepts before pursuing an MBA finance, as these topics will be built upon and used extensively throughout the programme.

Joining MBA in Finance colleges in Bangalore can be worthwhile for you. For that, you need to check its ROI. Listed below are some of the colleges along with their fees and average placement package:

Disclaimer: The above statistics are based on the latest available data.

There are about 140+ MBA in Finance colleges in Bangalore. Of these, 115 colleges are privately owned and 1 college is owned by public/government organisations. Karnataka PGCET, CAT, MAT, KMAT, CMAT, etc. are some of the most accepting entrance exams in top MBA Finance colleges in Bangalore. Christ University, Alliance School of Business, Xavier Institute of Management and Entrepreneurship, Prin. L N Welingkar Institute of Management Development and Research, St. Joseph's Institute of Management, Jagdish Sheth School of Management, etc. are some of the popular MBA Finance colleges in Bangalore.

To apply for a scholarship, students must submit an application form along with supporting documents such as the CAT scorecard, academic transcripts, and income tax returns. The institute will then process the application and award the scholarships to the deserving students. The scholarship amount varies from scholarship to scholarship. Some scholarships cover the entire tuition fee, while others cover a portion of the tuition fee. The scholarship amount is also dependent on the financial need of the student. The scholarships offered by IIM Calcutta are a great way to help students finance their MBA education.

An MBA in Finance degree enables students to get jobs across various job profiles such as Tax Advisor, Accountant, Financial Analyst, Financial planner, and more. MBA graduates seeking entry-level positions can expect a salary range starting from INR 3-4.5 LPA. Tabulated below are some common jobs and industry-based average salaries offered to students of MBA in Finace:

IIM Kozhikode emerged to be as the No. 1 MBA in Finance colleges in India followed by other colleges. Listed below are some of the colleges along with their NIRF rankings 2024:

READ MORE: MBA in Finance Career Scope

Xavier Aptitude Test is a very popular Master of Business Administration entrance exam as it is a gateway to about 800 Business-schools in India. About 95,000 students appear for Xavier Aptitude Test every year. Students from diverse fields and academic backgrounds appear for Xavier Aptitude Test to pursue Master of Business Administration courses at top B-Schools in India. In Xavier Aptitude Test 2023, about 98,000 students registered for the Xavier Aptitude Test exam. In XAT 2024, about 1.35 lakh applied. For more information, you may visit the Shiksha Xavier Aptitude Test exam page. (https://www.shiksha.com/mba/xat-exam). I hope this will help you.

No change has been announced in the XAT exam. The test will be administered just like yesterday. The duration of the exam will be 210 minutes and the questions will be in MCQ format. There will be a total of 100 questions on Decision Making, Quantitative Aptitude and Data Interpretation, Verbal Ability and Logical Reasoning and General Knowledge.

There will be one essay-based question too. XAT 2025 will have a sectional time limit which means candidates will have to complete a section of the test within the given time limit.

Marking scheme is also the same as last year. For each correct answer, candidates will get 1 mark and for each incorrect attempt, 0.25 marks will be deducted. The XAT result will be based on several correct and incorrect entries. The essay will be evaluated for PI selection process only.

Both MBA Finance and MBA Marketing are managerial courses focusing on different specializations. Let's understand the differences between the two courses at a broader level to decide which one to pursue. The below table mentions some of the key factors that distinguish both courses.  

An MBA in Finance can be challenging, as it requires a strong understanding of both financial theory and practice.

Some of the main challenges that students pursuing an MBA in Finance may face include:

• Rigorous Curriculum: MBA in Finance programs typically have a rigorous curriculum that covers topics such as financial analysis, investment management, corporate finance, and financial modeling. The coursework can be challenging and demanding, requiring students to stay on top of their studies and manage their time effectively.
• Quantitative Skills: Finance is a quantitative field, and an MBA in Finance requires students to have a strong foundation in mathematics and Statistics. This can be a challenge for students who may not have a strong quantitative background, and may require extra effort to build the necessary skills.
• Real-World Applications: An MBA in Finance emphasizes real-world applications of financial theory, and students are expected to be able to apply what they learn in class to real-world situations. This can be challenging, as the financial industry is complex and dynamic, and requires students to stay up-to-date with the latest trends and developments.
• Competition: MBA in Finance programs are highly competitive, with a large number of applicants vying for limited spots. Students may face competition from peers in their programme as well as from candidates outside their programme when applying for internships or job opportunities.

Overall, an MBA in Finance can be challenging, but it also provides students with valuable knowledge and skills that can lead to rewarding career opportunities in the financial industry.

Whether an MBA Finance leads to a stressful job depends on various factors, including the specific job role, company culture, individual preferences, and the ability to manage stress.

Here are some considerations:

• Nature of the Role: Some roles in finance, such as investment banking, trading, or financial analysis, can be inherently stressful due to high-pressure situations, tight deadlines, and the need to make critical financial decisions. On the other hand, roles in corporate finance, financial planning, or risk management may have a lower stress level.
• Work Environment: The work environment and culture of the organisation play a significant role in determining stress levels. Some companies have a culture of long working hours and intense competition, which can contribute to stress, while others prioritize work-life balance.
• Responsibilities: The specific responsibilities of the job can impact stress. Roles that involve managing large budgets, handling financial crises, or making high-stakes investments can be more stressful.
• Workload: The workload and work volume can vary greatly in the field of finance. Certain periods, such as financial reporting season or the end of a fiscal year, can be particularly demanding and stressful.
• Client Expectations: Client-facing roles may involve managing the expectations of clients or investors, which can add an element of stress.

XAT admit card is released in online mode at the xat online website. Candidates have to download it by using their login ID and password created at the time of form filling. The XAT admit card 2024 will be available for download till the exam day however, candidates must download a copy as soon as it is released. Given below is the process to follow to download the XAT admit card:

•  Log on to the XAT website
• Click on the tab indicating XAT admit card
•  Enter XAT ID and password
• Click on submit to log in
• In the student dashboard locate the admit card tab
•  Click on the tab to open the admit card
• Download and save it in a folder

After downloading the XAT admit card, check for the details mentioned on it. All the details should be correct and clearly visible. If there is any error, candidates must contact examination cell.

An MBA Finance typically focuses on financial management, investment analysis, risk assessment, and financial modelling. Graduates gain expertise in areas like corporate finance, asset management, banking, and financial planning.

On the other hand, an MBA in Marketing emphasizes market research, consumer behaviour, brand management, advertising, and product development. Graduates acquire skills in marketing strategy, digital marketing, and communication.

Candidates can see the table below to know the comparison between the two.

The scope of an MBA Finance is significant, as it opens up a wide range of career opportunities in the financial sector and beyond. Here are some of the key aspects of the scope of an MBA Finance:

• Career Opportunities: An MBA Finance prepares you for a variety of roles in finance, including investment banking, corporate finance, financial analysis, risk management, asset management, and financial planning. 
• Industry Versatility: Finance professionals are in demand in various industries, such as banking, insurance, consulting, real estate, healthcare, technology, and more. 
• Global Opportunities: Finance is a global field, and an MBA Finance can open doors to international career opportunities. 
• Leadership Roles: With an MBA, you can advance to leadership positions, such as Chief Financial Officer (CFO), Finance Director, or Vice President of Finance, where candidates will play a key role in shaping a company's financial strategy.
• Salary Potential: Finance careers can be highly lucrative, with the potential for substantial earning, especially in roles such as investment banking, private equity, and hedge funds.

Yes, You can pursue MBA Finance with Science course.

Knowledge of Accounting and Economics in Class 12 and Graduation is not mandatory for MBA in Finance. Students of any stream can go for MBA courses, the only condition is awareness of some basic subjects. Yes, even if you have a Science degree, you can pursue an MBA in Finance. Indeed,  many MBA programmes welcome students from a wide range of disciplines, including science, engineering, and the humanities. Some of the reasons why a scientific graduate might desire to pursue an MBA in Finance are as follows:

To obtain a more comprehensive understanding of business: An MBA in Finance can provide you with a more comprehensive grasp of the company, covering accounting, marketing, and operations. This can be useful if you want to work in finance but also grasp the larger company background. Check Out: MBA Course Eligibility

The choice between an MBA in Finance and becoming a CA depends on individual preferences, career aspirations, and circumstances. Some individuals may choose to pursue both qualifications to complement each other and enhance their career prospects further.

Candidates can check the table below to see the comparison between the two.

Hi,

Ideally, work experience is not compulsory for pursuing MBA but it's preferable as it gives you an edge over others. If you've decided to do MBA in finance then any experience in the field of finance or accountancy can be helpful.

You could also try some internships in finance before doing an MBA.

All the best!!!

SPJIMR Mumbai emerged as the No. 1 MBA in Finance college in Mumbai followed by other colleges. Listed below are some of the colleges along with their NIRF rankings over the past three years, i.e. from 2022 to 2024:

MBA finance has tremendous scope. This qualification can give you career options in Banks, NBFCs, Credit rating agencies, AMC. Capital market, IB, PE, Micro finance, financial planning, academics, accounts, corporate finance. MBA in business Analyst becomes a bit specific in nature with limited scope of growth. An MBA finance professionals are also among the higher paid professionals.

Yes, You can absolutely transition into Data Analytics if you already have an MBA in Marketing, Finance, HR, or Operations. Data analytics is used across all business functions, so an MBA in any field can still lead to analytics roles with the right upskilling.
To transit into Data Analytics you need to do the following:

1. Taking Online Courses – You have to learn Python, SQL, Power BI, and Tableau.
2. Getting Certifications – You can also transit into Data Analytics by earning a Google Data Analytics or CAP certification.
3. Gaining Hands-on Experience – You need to Work on real-world data projects.
4. Applying for Analyst Roles – You can also look for Marketing Analyst, Financial Analyst, or HR Analyst jobs.

Top institutes known  for MBA in Finance in India include famous IIM Ahmedabad, IIM Calcutta, XLRI, JBIMS, and FMS Delhi, known for their academic rigour and finance-specific curriculum. Various universities like Chandigarh University are also gaining ground due to their  dual specialisation options, placements and opportunities and industry-aligned courses. Chandigarh University MBA in Finance integrates financial modelling, global financial systems, and fintech exposure to prepare students for evolving market demands. With top recruiters like ICICI Bank, KPMG, Axis Bank, and HDFC hiring from the campus, students can build a solid career foundation even without IIM-level fees. CU's finance programme also includes optional verticals like BI & Analytics or Marketing.

Hi, it can be observed that pursuing MBA in Finance in Gurgaon can be quite expensive as most of the colleges have an average tuition fee of more than INR 5 lakh. However you can refer below for the top MBA in Finance colleges in Gurgaon that offer quality education at affordable costs:

 Hope this helps!

Yes, you can pursue an MBA in Finance after completing a BBA in Retail Management. MBA programs typically accept candidates from various undergraduate backgrounds, including those with specialized degrees like BBA in Retail Management. This flexibility allows students to choose a specialization in their MBA that aligns with their career goals, irrespective of their bachelor's degree focus

UK is the home to over 100 top Universities for MBA in Finance courses. They all offer quality education with better job opportunities to students. Completing the MBA degree from popular UK Universities is valid worldwide. Mentioned below are the top universities for an MBA in Finance in the UK:

Doing an MBA in Finance either from India or abroad depends on students' choices. One thing that doing an MBA in Finance abroad would help students is to gain exposure of studying with diverse students and know global market trends. In both the places, the course generally span 1 year – 2 years. In India, the duration of an MBA in Finance is usually 2 years. This course's curriculum develops the strategic decision making skills and prepare graduates for jobs in financial institutions, investment firms, or corporate finance departments.

The average fees of an MBA in Finance in India can range between INR 5 Lacs – INR 25 lakh. On the other hand, the average first-year tuition fee to study an MBA in Finance abroad is between INR 10 Lacs – INR 40 lakh.

USA has the highest number of universities that offer MBA in Finance course. It has some of the best Business schools such as Harvard, University of Pennsylvania, MIT, UC Berkeley, Stanford, Columbia, etc. These universities are some of the best universities in USA and getting into one of these would require students to have a great profile and excellent GMAT score to get into. The ranking of the top US Universities for MBA in Finance are given below:

The entry requirements to study an MBA in Finance abroad are given below:

• A bachelor's degree in a relevant discipline from a recognised university is required
• Relevant work experience
• GMAT / GRE
• IELTS / TOEFL / PTE test score
• Documents like academic transcripts, SOP, LOR, English language proficiency score

There is nothing better or worse between an MBA and an MS in Finance. Students must choose an MS or an MBA based on career goals, experience, and industry preference. Students must pursue an MS if they want a career in investment banking, asset management, or fintech, where an MBA is suitable for leadership, management, or consulting roles. MBA provides a broader business education, where Masters improves technical and quantitative finance skills.

The average annual salary of an MBA graduate from the USA is close to USD 115,000. Apart from this MBA salaries vary per specialisation and job role take up. The following table throws light on MBA salary in the USA in Rupees per Month:

MBA in Finance graduates can go for a variety of roles in the financial sector such as:

• Investment Banking
• Corporate Finance
• Risk Management
• Asset Management
• Financial Consulting

In the U.S., the average salary of the graduate in MBA in Finance can range between USD 80,000 – USD 150,000 per year (Around INR 69.2 Lacs – INR 1.29 Cr). Whereas, in Germany, the average salary of these graduates can be around €77,000 (Around INR 73 lakh).