Master of Business Administration in Financial Management Top Colleges, Syllabus, Scope and Salary
Stream: Financial Management
Duration: 2 Years
Course: M.B.A.
Course Type: Post Graduation
M.B.A. in Finance is a 2- year long postgraduate course divided across 4 semesters. Finance is the study of financial planning, economics, accounting, and other similar areas of operation in an organization or business. The first two semesters of the course are common between all students, and the last two focus on the candidates’ chosen subjects of finance-related specialization.
The average annual starting salary offered in India to successful postgraduates of the course ranges between INR 30,000 and 60,000, depending upon the candidate’s expertise in the field.
M.B.A. in Financial Management: Course Objectives
Listed here are some of the principle objectives of the course.
The course aims to prepare eligible candidates to efficiently:
- understand key business functions such as bookkeeping, promoting, back, data frameworks and operations management.
- pursue area specializations such as Marketing, Financial Management, and Human Resource Management.
- develop leadership and team-building skills.
- manage ethical issues and multicultural diversity.
- develop and execute techniques and strategic tools to recognize, comprehend and analyze the various dimensions of the business environment.
- pursue scholarly research for finding solutions for real-life business problems for the benefit of the academia, business organizations, community, and the nation at large.
Top Institutes offering M.B.A. in Financial Management
The average tuition fee charged in India for M.B.A. in Financial Management ranges between INR 10,000 (government institutes) and 20 lacs (private institutes).
Listed below are some of the top institutes in India that offer M.B.A. in Financial Management.
SR.NO. |
INSTITUTE |
STATE |
TUITION FEES (PER YEAR) IN INR |
ELIGIBILITY CRITERIA |
ADMISSION PROCEDURE |
1. |
UNIVERSITY OF DELHI, FACULTY OF MANAGEMENT STUDIES |
NEW DELHI, DELHI NCR |
10,480 |
Bachelor’s degree from a recognized university. |
Based on the candidate’s performance in the relevant entrance test. |
2. |
JAMNALAL BAJAJ INSTITUTE OF MANAGEMENT STUDIES |
MUMBAI, MAHARASHTRA |
1,02,000 |
Bachelor’s degree from a recognized university. |
Based on the candidate’s performance in the relevant entrance test. |
3. |
CHRIST UNIVERSITY |
BANGALORE, KARNATAKA |
1,53,000 |
Bachelor’s degree from a recognized university. |
Based on the candidate’s performance in the relevant entrance test. |
4. |
DEPARTMENT OF MANAGEMENT STUDIES IIT DELHI |
NEW DELHI, DELHI NCR |
4,00,000 |
Bachelor’s degree from a recognized university. |
Based on the candidate’s performance in the relevant entrance test. |
5. |
SYMBIOSIS INSTITUTE OF BUSINESS MANAGEMENT |
PUNE, MAHARASHTRA |
4,68,000 |
Bachelor’s degree from a recognized university. |
Based on the candidate’s performance in the relevant entrance test. |
6. |
DEPARTMENT OF MANAGEMENT STUDIES, INDIAN INSTITUTE OF TECHNOLOGY |
ROORKEE, UTTARAKHAND |
2,09,000 |
Bachelor’s degree from a recognized university. |
Based on the candidate’s performance in the relevant entrance test. |
7. |
SYMBIOSIS INSTITUTE OF BUSINESS MANAGEMENT |
BANGALORE, KARNATAKA |
5,63,000 |
Bachelor’s degree from a recognized university. |
Based on the candidate’s performance in the relevant entrance test. |
8. |
SYMBIOSIS INSTITUTE OF MANAGEMENT STUDIES |
PUNE, MAHARASHTRA |
5,08,000 |
Bachelor’s degree from a recognized university. |
Based on the candidate’s performance in the relevant entrance test. |
9. |
BHARATHIDASAN INSTITUTE OF MANAGEMENT |
THIRUCHIRAPALLI, TAMIL NADU |
5,33,000 |
Bachelor’s degree from a recognized university. |
Based on the candidate’s performance in the relevant entrance test. |
10. |
DEPARTMENT OF MANAGEMENT |
PILANI, RAJASTHAN |
77,500 |
Bachelor’s degree from a recognized university. |
Based on the candidate’s performance in the relevant entrance test. |
11. |
ICFAI BUSINESS SCHOOL |
HYDERABAD, TELANGANA |
1,65,000 |
Bachelor’s degree from a recognized university. |
Based on the candidate’s performance in the relevant entrance test. |
12. |
CMS BUSINESS SCHOOL, JAIN UNIVERSITY |
BANGALORE, KARNATAKA |
3,88,000 |
Bachelor’s degree from a recognized university. |
Based on the candidate’s performance in the relevant entrance test. |
13. |
INTERNATIONAL SCHOOL OF BUSINESS AND RESEARCH |
BANGALORE, KARNATAKA |
3,50,000 |
Bachelor’s degree from a recognized university. |
Based on the candidate’s performance in the relevant entrance test. |
14. |
MOTILAL NEHRU NATIONAL INSTITUTE OF TECHNOLOGY |
ALLAHABAD, UTTAR PRADESH |
51,151 |
Bachelor’s degree from a recognized university. |
Based on the candidate’s performance in the relevant entrance test. |
15. |
FACULTY OF MANAGEMENT STUDIES, BANARAS HINDU UNIVERSITY |
VARANASI, UTTAR PRADESH |
30,765 |
Bachelor’s degree from a recognized university. |
Based on the candidate’s performance in the relevant entrance test. |
16. |
COCHIN UNIVERSITY OF SCIENCE AND TECHNOLOGY |
KOCHI, KERALA |
26,555 |
Bachelor’s degree from a recognized university. |
Based on the candidate’s performance in the relevant entrance test. |
17. |
DEPARTMENT OF MANAGEMENT SCIENCE, SAVITRIBAI PHULE PUNE UNIVERSITY |
PUNE, MAHARASHTRA |
66,264 |
Bachelor’s degree from a recognized university. |
Based on the candidate’s performance in the relevant entrance test. |
18. |
GIBS BUSINESS SCHOOL |
BANGALORE, KARNATAKA |
2,55,000 |
Bachelor’s degree from a recognized university. |
Based on the candidate’s performance in the relevant entrance test. |
19. |
AMRITA SCHOOL OF BUSINESS |
COIMBATORE, TAMIL NADU |
4,11,000 |
Bachelor’s degree from a recognized university. |
Based on the candidate’s performance in the relevant entrance test. |
20. |
FLAME UNIVERSITY |
PUNE, MAHARASHTRA |
5,80,000 |
Bachelor’s degree from a recognized university. |
Based on the candidate’s performance in the relevant entrance test. |
Eligibility for M.B.A. in Financial Management
Listed here are the minimum criteria of eligibility needed to be fulfilled for admission to the course.
- Candidates aspiring to pursue the course need to have completed graduation in any stream.
- In most cases, qualification of a relevant entrance test GMAT, CAT, XAT, MAT, etc. The minimum eligible score may vary across institutes.
The common entrance test assesses candidates in sections such as English, problem-solving, data analysis and interpretations, numerical ability, logical reasoning and general awareness.
M.B.A. in Financial Management: Admission Process
For admission to the course, candidates are needed to qualify a relevant entrance exam such as GMAT (Graduate Management Admission Test) or CMAT (Combined Management Admission Test).
A few institutes offering the course also conduct their own entrance examinations for candidates’ assessment.
The course is also offered in the distance learning mode at Indian universities such as the Sikkim Manipal University and Indira Gandhi National Open University (OPENMAT Exam).
Also, some Indian universities offer admission to the course on the basis of the merit obtained by the candidates in the last qualifying exam, and do not usually hold entrance tests for online education.
M.B.A. in Financial Management: Academic Options
Upon successful completion of the course, candidates interested in further studies in the discipline may go for pursuing Ph.D., or post-doctoral studies in Financial Management, to pursue professions such as Professor, Teacher, Researcher etc.
M.B.A. in Financial Management: Career Prospects
Successful postgraduates of the course find lucrative career opportunities in both government and private organizations in areas such as account management, stock market, the Finance Ministry, financial consultancies, banks, and such.
Such postgraduates are hired in capacities such as Accounts Manager, Finance Manager, Business Analyst, Accounts Executive, Finance Officer, Research Analyst, Finance Analyst, Equity Research Analyst, Accounts Officer, Finance Executive, Assistant Manager, and the like.
Some of the popular professional avenues open to such postgraduates are listed below with the corresponding salaries offered for the respective positions.
![Master of Business Administration [MBA] in Financial Management](https://static-collegedunia.com/public/image/Master%20of%20Business%20Administration%20%5BMBA%5D%20in%20Financial%20Management.png)
Job Title |
Job Description |
Average Annual Salary in INR |
Account Manager |
An Account Manager is in charge of the administration of offers and associations with specific clients. A Record Chief keeps the organization's current associations with customers, so as to expand the clientele |
2,62,426 - 1,390,567 |
Finance Manager |
Financial Managers are in charge of the monetary soundness of an association. They deliver monetary reports, coordinate venture exercises, and create systems and arrangements for the long-haul budgetary objectives of banks, insurance agencies, and such organizations. |
3,50,894 - 2,033,337 |
Business Analyst |
Business Analysts create specialized answers for business issues, and propel an organization's business growth by characterizing, examining and reporting, and addressing business impediments. |
2,87,956 - 1,293,263 |
M.B.A. in Financial Management: Syllabus and Course Structure
Listed here are the principle components that form part of the course’s curriculum.
- Business Writing
- Calculus for Business
- Corporate Finance
- Financial Institutions
- Introduction to Accounting
- Management Information Systems
- Advanced Marketing
- Money and Capital Markets
- Portfolio Analysis
- Principles of Macroeconomics
- Issues in Management and Organization
- Microeconomics
- Statistics for Business.
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