MBA in Finance: Course, Fees, Eligibility, Syllabus, Career, Salary 2024
Explore the intricacies of what is MBA in Finance all about through this comprehensive blog, covering its significance, eligibility criteria, syllabus, career paths, salaries, and top recruiters in the field.
What is an MBA in Finance?
MBA in Finance is a two-year postgraduate program offering extensive career opportunities. Available in top MBA institutes in India, it is a specialisation or elective in the second year. This stream imparts knowledge on managing, controlling, and reviewing the collection, investment, and resources of money. Graduates are equipped for roles like Financial Analyst, Credit Risk Manager, Derivatives Trader, etc., within the finance domain.
An MBA in Finance opens doors to various opportunities in the financial industry, making it a valuable choice for those seeking a dynamic and rewarding career.
MBA in Finance Course Details
Pursuing MBA Finance courses is a strategic move for those eyeing diverse industries. Admission to MBA in Finance is contingent upon the candidate's entrance exam performance.
Explore the critical details in the table below:
- Course Name - MBA in Finance or Master of Business Administration in Finance
- MBA in Finance Course Level - Postgraduate
- MBA in Finance Duration - 2 Years
- MBA in Finance Eligibility - Graduation in any relevant field with a 50% aggregate score or equivalent CGPA
- MBA in Finance Admission Process - Entrance Exam
- MBA in Finance Fees - INR 1.4 to 24 LPA
- MBA in Finance Entrance Exams - CAT, MAT, GMAT, CMAT, etc.
- MBA in Finance Colleges - ITM Business School, NMIMS, SPJIMR, IIM Raipur, etc.
- MBA in Finance Jobs - Business Analyst, Financial Analyst, Relationship Manager, Accountant, Investment Banker, Operations Manager, etc.
- MBA in Finance Average Salary - INR 4 to 10 LPA
- MBA in Finance Top Recruiters - HDFC, KPMG, ICICI Bank, EY, Accenture, JP Morgan, etc.
Why Study an MBA in Finance?
Opting for an MBA in Finance comes with several compelling reasons:
- Versatile Expertise: Finance oversees capital management across various sectors, making it applicable to various industries.
- Emphasis on Skill Development: MBA in Finance prioritises planning and strategic skills essential for finance managers. The program focuses on developing valuable competencies, making graduates indispensable assets in any firm. Ideal for individuals with a passion for Finance seeking a skill-centric education.
- High Demand: MBA in Finance is consistently in demand across industries, underscoring its versatility, especially with the growing need for finance specialists.
- Comprehensive Curriculum: The MBA Finance course delves into economics, statistics, strategy, leadership, and market conditions, providing a holistic skill set for financial management roles.
- Job Security: In uncertain markets, businesses in financial distress seek financial managers. An MBA in Finance equips you with the skills and business knowledge essential for aiding firms in expansion and achieving financial stability.
Eligibility & Criteria of MBA In Finance
Eligibility criteria may vary by college, considering academic structure, regulations, and stature. In general, candidates need to fulfil specific requirements for admission. A glance at the general criteria for pursuing an MBA in Finance includes:
- Minimum 50% aggregate or equivalent CGPA in a bachelor's degree from a recognised university.
- Reserved category students require a minimum aggregate of 45%.
- Acceptance of candidates often relies on entrance exam scores like CAT, CMAT, MAT, XAT, SNAP, etc.
MBA in Finance Syllabus
Explore the comprehensive semester-wise syllabus for an MBA in Finance specialisation. Listed below is the syllabus:
First Year Subjects
Semester I
- Micro Economics
- Principles of Marketing Management
- Tools and Frameworks for Decision Making
- Corporate Social Responsibility
- Principles of Accounting
- Quantitative Methods and Statistics
- Business Communication and Soft skills
- Organizational Behaviour-1
Semester II
- Strategic Management
- Financial Modeling
- Business Intelligence
- Supply Chain Management
- Managerial Economics
- Marketing Research
- Corporate Governance and Business Ethics
- Corporate Finance-2
Second Year Subjects
Semester III
- Macro Economics
- Business Law
- Corporate Management
- Operations Management
- Optimization and Project Research
Semester IV
- Project Management
- Internship Projects
- Marketing Management
- Project Submissions
- Organization Behaviour-2
MBA Finance Course Fees
The fees for MBA in Finance courses in India vary, typically falling between INR 15 lakhs to INR 25 lakhs. Additional costs depend on the college and student's preferences. For detailed fees, refer to the table below.
MBA Finance Annual Fees
- ITM Business School Navi Mumbai - INR 11.95 LPA
- IIM Lucknow - INR 19.25 LPA
- IIM Bangalore - INR 25 LPA
- IIM Calcutta - INR 23 LPA
Career After MBA in Finance
Graduates with an MBA in Finance have versatile career paths, spanning banking and non-banking sectors. Their expertise in financial management is valued across industries, making them essential in the corporate world. Opportunities extend to both government and private financial sectors. Here is the list of top career options after completing an MBA in Finance:
- Investment Banking
- Corporate Finance
- Financial Advisor
- Financial Analyst
- Corporate Banking
- Management Consultant
- Portfolio Management
- Merchant Banking
- Private Equity Analyst
- Project Manager
- Risk Management