MBA in Finance Abroad: A Comprehensive Guide for Indian Students 2025
Talk to Expert
MBA in Finance is a popular specialization of MBA course. The degree is 1-2 years long. Countries like the USA, Germany, the UK, Australia, and France, etc., are among the top preferences for students to study in the MBA in Finance program. This course focuses on advanced financial management, financial markets, and investment strategies.
To get admission to the top MBA in Finance universities abroad, students must have completed an undergraduate degree. Universities require GRE/ GMAT scores to complete the admission application. Additionally, international students need to submit their English Language Proficiency test scores for any IELTS/TOEFL/PTE if their first language is not English. Check all the details about MBA in Finance abroad from this page such as requirements, top universities, career prospects, etc.
What is MBA in Finance Abroad?
Predict your IELTS, TOEFL, and PTE in just 4 steps!
Many countries like the US, UK, Germany, and Australia offer an MBA in Finance degree. The duration of this specialization varies according to the university. Typically, this course is 1-2 years long. The MBA in Finance abroad fees for international students is between INR 10L – INR 40L+. Most of the universities worldwide have tuition fees between INR 20 L – INR 40 L. Interestingly, a few universities in Germany have no tuition fee. Some of the important facts about MBA in Finance abroad are given below:
| Particulars |
Stats |
|---|---|
| Course Mode |
Online and Offline |
| MBA in Finance Course Duration |
1-2 years |
| First-Year Tuition Fees |
INR 10L - INR 40L+ |
| Entrance exam test scores |
GMAT / GRE |
| Top Countries for MBA in Finance |
USA, Germany, UK, Australia, and France |
| Top Universities |
Stanford, Harvard, University of Melbourne, NYU |
| Top MBA in Finance Job Profiles |
Financial Analyst, Investment Banker, Portfolio Manager, Financial Consultant, etc. |
| Top recruiters |
Goldman Sachs, Morgan Stanley, Boston Consulting Group, Amazon, etc. |
Want to know what is the difference between MBA in Finance and MS in Finance? Watch this video to get a clear picture:
What is an MBA in Finance?
An MBA in Finance abroad is a specialization of the MBA program. This is a 1-2 year-long postgraduate course which combines principles of Business Administration with advanced Financial Management Strategies. An MBA in Finance degree covers areas like Portfolio Management, Investment Management, Risk Management, and other related areas. After pursuing this course, students can be exposed to diverse financial markets and practices.
A few of the renowned MBA in Finance universities abroad are HEC Paris, Harvard University, Stanford University, The University of Melbourne, etc. To take admission to an MBA in Finance abroad, the applicants should have an undergraduate degree. Besides this, a few other requirements such as having standardized test scores and work experience are also essential. Generally, the minimum work experience required varies as per the university, however, on average 2-5 years of work experience may be required.
The scope of an MBA in Finance abroad is vast and the graduates can go into job roles in sectors like Investment Banking, Consulting, Private Equity and Venture Capital, Risk Management. The top recruiters are Goldman Sachs, Morgan Stanley, Barclays, J.P. Morgan, Accenture, KPMG, etc.
Best Countries to Study MBA in Finance
There are more than 550 universities abroad that offer MBA in Finance. The top 5 countries that offer this course specialization are the USA, UK, Germany, France, and Australia. USA tops this list as it has the highest number of universities offering MBA in Finance. A few of the universities that are located in the US for this course specialization are Harvard University, Stanford University, Columbia University, NYU, etc.
| Country |
No. of Universities |
|---|---|
| USA |
200+ |
| UK |
120+ |
| Germany |
35+ |
| France |
30+ |
| Australia |
20+ |
Top MBA in Finance Universities in USA
| Universities |
1st-Year Tuition Fees |
Application Deadlines |
|---|---|---|
| INR 18 L |
Apr 15, 2025 |
|
| INR 71 L |
Apr 8, 2025 |
|
| INR 79 L - 81 L |
Passed |
|
| INR 32 L - 71 L |
Apr 16, 2025 |
|
| INR 79 L |
Passed |
Top MBA in Finance Universities in UK
| Universities |
1st-Year Tuition Fees |
Application Deadlines |
|---|---|---|
| INR 25 L - 38 L |
May 4, 2025 |
|
| INR 43 L - 52 L |
May 1, 2025 |
|
| INR 26 L - 38 L |
23 April 2025 (MSc Finance & Investment) |
|
| INR 61 L |
May 31, 2025 |
|
| INR 39 L - 42 L |
Jul 25, 2025 |
Top MBA in Finance Universities in Germany
| Universities |
1st-Year Tuition Fees |
Application Deadlines |
|---|---|---|
| INR 11 L |
May 31, 2025 (Second application deadline) |
|
| - |
Jul 15, 2025 |
|
| - |
NA |
|
| - |
NA |
|
| - |
Mar 31, 2025 |
Top MBA in Finance Universities in France
| Universities |
1st-Year Tuition Fees |
Application Deadlines |
|---|---|---|
| INR 13 L |
April 23, 2025 |
|
| INR 41 L |
Apr 20, 2025 |
|
| INR 27 L |
Apr 22, 2025 |
|
| INR 62 L |
April 1, 2025 |
|
| INR 17 L |
Rolling admissions, Final in Mid-July 2025 |
Top MBA in Finance Universities in Australia
| Universities |
1st-Year Tuition Fees |
Application Deadlines |
|---|---|---|
| INR 31 L - 34 L |
Passed for international applicants |
|
| INR 24 L - 25 L |
NA |
|
| INR 23 L |
May 31, 2025 |
|
| INR 24 L - 26 L |
Mar 31, 2025 |
|
| INR 24 L - 29 L |
- |
Note: The above given upcoming deadlines contains the general deadlines for MBA course for a few universities.
Top Universities to Study MBA in Finance
MBA in Finance is offered by many universities in abroad. The duration of this course ranges between 18 months - 2 years. These universities offer quality MBA in Finance program for international students and provide better career opportunities after completing the degree. Mentioned below is the list of some top universities to study MBA in Finance abroad:
| University |
QS Rank |
Country |
|---|---|---|
| Harvard University |
#4 |
|
| Stanford University |
#6 |
USA |
| National University of Singapore |
#8 |
|
| The University of Melbourne |
#13 |
|
| University of Manchester |
#34 |
|
| Technical University of Munich |
#28 |
|
| Trinity College Dublin |
#87 |
Ireland |
| Columbia University |
#34 |
USA |
| New York University |
#43 |
USA |
| Imperial College London |
#2 |
UK |
Apart from the above-listed universities, other top universities to study MBA in Finance are MIT, Monash University, Cambridge University, and HEC Paris.
Admission Requirements for MBA in Finance
MBA in Finance is one of the most sought-after MBA specializations to study abroad among Indian students. To study the MS program, students are required to meet the admission requirements. The criteria may vary from one country to another and the program for which you are applying. Below are the major admission requirements for the MBA in Finance course for international students:
- Age Requirements - Generally, the universities do not have this criterion. But, it can be applicable for a few of the universities.
- Academic Requirements - Must hold a bachelor’s degree in a relevant discipline from a recognized university to study MBA in Finance abroad
- Work Experience Requirements - Most of the universities offering an MBA in Finance would require applicants to show some amount of previous work to be considered. The number of years of work experience required may vary as per the university
- Application Requirements - Submit all the required documents as mentioned by the university
- MBA in Finance Application Process - International students can apply online to study MBA in Finance abroad
Entrance Exams Valid for MBA in Finance Course
To take admission to an MBA in Finance Universities, international students are required to submit GRE/GMAT. Furthermore, if the applicant’s first language is not English, then the university may require English Language Proficiency test scores such as IELTS, TOEFL, PTE, etc. We have mentioned below the general entrance exams valid for admission to the MBA in Finance course:
| Standardized Tests Accepted |
English Language Proficiency Exams |
|---|---|
|
|
|
|
|
Also read: Which exam to give for which course to study abroad
Important Documents Required When Applying for MBA in Finance Course
- A relevant bachelor’s degree from a recognized university/college
- Academic transcripts
- Portfolio of past work experiences
- English Proficiency Test
- GRE/ GMAT Scores (subject to country)
- Statement of Purpose
- Letter of Recommendation
- Resume (CV)
- Admission Essay
Visa Requirements for MBA in Finance Course
Students can check the list of top 5 countries to study MBA in Finance Abroad and their visa requirements in a table below:
| Country |
Visa Requirements |
|---|---|
| USA |
|
| UK |
|
| Germany |
|
| France |
|
| Australia |
International students can also check the Student Visas for Study Abroad
MBA in Finance Scholarships for Indian Students
Studying MBA in Finance abroad is not a cheap option for Indian students. Abroad MBA universities charge high tuition fees across the globe. Scholarships will help students to manage their tuition fees, living expenses, and other expenses. General scholarships to study MBA in a particular country are listed below:
| Country |
Scholarship Name |
Max Scholarship |
|---|---|---|
| USA |
Upto INR 10,00,000 |
|
| Upto INR 82,460 |
||
| Australia |
Tuition fees and Living Expense waiver: Upto INR 3L |
|
| Tuition fees waiver |
||
| Germany |
Tuition fees, Living Expense, and Air Fare waiver: Upto INR 82L |
|
| Tuition fees waiver: Upto INR 82K |
||
| UK |
Tuition fees waiver |
|
| Tuition fees waiver: Upto INR 2.5 L |
MBA in Finance Job Scope & Opportunities
Completing a master’s degree from a top MBA in Finance Universities abroad allows you to prepare for a doctorate, enhance your knowledge in the current stream, and prepare for career advancements. Furthermore, students can go into career roles in which they are interested. Top employers of these graduates are Goldman Sachs, Morgan Stanley, JP Morgan Chase & Co, Boston Consulting Group, etc. The overall average salary after pursuing an MBA in Finance can be around $102,000 (Around INR 88 lakh). The average salaries as per different job roles after doing an MBA in Finance abroad are given below:
| Job Title |
Average Salary |
|---|---|
| Financial Analyst |
$74,000 |
| Investment Banker |
$100,000 |
| Portfolio Manager |
$96,000 |
| CFO |
$152,000 |
| Financial Consultant |
$85,000 |
| Risk Manager |
$98,000 |
| Corporate Finance Manager |
$110,000 |
Source: Glassdoor.com & ZipRecruiter
Which is better MBA in Finance or an MS in Finance?
MBA in Finance and MS and Finance are some of the popular specializations among international students to study abroad. An MBA in Finance offers essential Business and Management Expertise, whereas, an MS in Finance is an advanced degree in Finance that showcases proficiency in Mathematics, Financial Theory, Financial Reporting, etc.
With an MBA in Finance degree, students can go for Management, Consulting and Executive jobs. On the other hand, with an MS in Finance degree abroad, students can go for job positions like Financial Analyst, Investment Advisor, or Financial Manager.
| Country |
Average MS in Finance Tuition Fee |
Average MBA in Finance Tuition Fee |
|---|---|---|
| USA |
INR 14 L to INR 80 L |
INR 13 L to INR 97 L |
| UK |
- |
INR 25 L to INR 53 L |
| Germany |
INR 10 L |
No fees – INR 20 L |
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
After doing MBA in Finance from abroad, a number of career opportunities can open in varied fields like Economics, Business, and Financial Markets. A few of the job sectors where the MBA in Finance graduates can work are Financial Management, Banking, Retail, Asset Management, IT, Hospitality, Real Estate, etc. A few of the global recruiters for these graduates are HSBC, Barclays, Boston Consulting Group, EY, KPMG, etc.
The core areas of study while studying an MBA in Finance abroad are:
- Corporate Finance
- Financial Analysis
- Investment Management and Markets
- Macroeconomics and Global Economy
- Quantitative and Analytical Methods
- Regulation and Ethics in Finance
- Risk Management and Derivatives
There are a few of the German based universities offering an MBA in Finance course where there is no tuition fees. However, other fees like semester fees or other additional university fees may be applicable. These universities in Germany are:
- University of Tuebingen
- Free University of Berlin
- University of Gottingen
- Karlsruhe Institute of Technology
The average tuition fee to study an MBA in Finance abroad may range between INR 10 Lacs – INR 40 Lacs or above. However, most of the universities abroad have the first-year tuition fee in the range of INR 20 Lacs – INR 40 lakh. The tuition fee to study this course from the top MBA in Finance Universities are listed below:
University | 1st-Year Tuition Fees |
|---|---|
Harvard University | INR 18 L |
Stanford University | INR 71 L |
National University of Singapore | INR 25 L - 46 L |
The University of Melbourne | INR 31 L - 34 L |
University of Manchester | INR 25 L - 38 L |
Technical University of Munich | INR 11 L |
Trinity College Dublin | INR 23 L - 24 L |
Columbia University | INR 79 L - 81 L |
New York University | INR 32 L - 71 L |
Some of the top universities to study an MBA in Finance worldwide are Harvard, NUS, The University of Melbourne, Technical University of Munich, Trinity College Dublin, etc. The QS ranking of these universities for 2025 is given below:
University | QS Rank |
|---|---|
Harvard University | #4 |
Stanford University | #6 |
National University of Singapore | #8 |
The University of Melbourne | #13 |
University of Manchester | #34 |
Technical University of Munich | #28 |
Trinity College Dublin | #87 |
Columbia University | #34 |
New York University | #43 |
Imperial College London | #2 |
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.
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).
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:
University | QS Rank |
|---|---|
Harvard University | #4 |
Stanford University | #6 |
Columbia University | #34 |
New York University | #43 |
MIT | #1 |
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
Also read: Top Countries to Study MBA without Work Experience
Can I Study MBA in Finance in India?
The MBA in Finance is a two-year postgraduate program offered by some of the top colleges in India. This postgraduate program equips students with advanced knowledge of financial markets, risk management, and investment strategies. The MBA in Finance in India fees is between INR 5 lakh - INR 25 lakh. Students can check the below table to know more about study MBA in Finance India:
| Particulars |
Stats |
|---|---|
| Duration |
2 years |
| Top colleges |
IIM Lucknow, IIM Kozhikode, IIT Delhi |
| Entry requirements |
Completed Graduation with minimum percentage | CAT / XAT / MAT / SNAP, etc. |
| Top recruiters |
Deloitte, HDFC, Morgan Stanley, Citi Bank, etc. |
| Top job profiles |
Portfolio Managers, Credit Risk Managers, Derivatives Traders |
Akanksha Malhotra is a Content Writer / Editor at Shiksha.com's Study Abroad vertical, creating content for University pages. She is a seasoned education writer with 5+ years of experience, including writing article... Read Full Bio
Statement of Purpose
Letter of Recommendation
Student Visa Application
Admission Essay Writing
Student Curriculum Vitae
Some of the top countries to study MBA in Finance are US, UK, Germany, Australia, France, and Canada. USA top the list of the universities offering MBA in Finance or related courses. A few of the universities offering this course in USA are Harvard, Stanford, NYU, MIT, University of Pennsylvania, etc. The duration of this course can span between 1 - 2 years. The tuition fees, on the other hand, can vary as per the universities and countries. Students can expect to spend between INR 20 Lacs – INR 40 lakh as a first-year tuition fee while studying MBA in Finance abroad.