Master of Business Administration [MBA] (Financial Management) - Course Overview

  • STREAM

    MANAGEMENT

  • DURATION

    2 YEARS

  • COURSE

    Finance

  • COURSE TYPE

    Post Graduation

    Master of Business Administration in Financial Management Top Colleges, Syllabus, Scope and Salary

    Sakshi Gupta Sakshi Gupta
    Content Curator

    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.

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    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.

    M.B.A. in Financial Management: Course Highlights

    Given here are the basic highlights of the course.

    Name of the courseM.B.A. In Financial Management
    Course LevelPost Graduation
    Duration2 years, full- time/ Distance Learning
    StreamFinancial Management
    Examination TypeSemester
    EligibilityBachelor’s Degree in any Discipline
    Admission ProcessEntrance Exam + Group Discussion/Personal Interview
    Average Course FeeINR 10 K to 15 Lacs
    Average Starting SalaryINR 2.5 to 24 Lacs
    Top Recruiting CompaniesGoldman Sachs, Morgan Stanley, Merrill Lynch, Bain & Co, Boston Consulting Group, Lehman Brothers, JP Morgan, Barclays, Deutsche Bank, McKinsey, etc.

    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.INSTITUTESTATETUITION FEES (PER YEAR) IN INRELIGIBILITY CRITERIAADMISSION PROCEDURE
    1.UNIVERSITY OF DELHI, FACULTY OF MANAGEMENT STUDIESNEW DELHI, DELHI NCR10,480Bachelor’s degree from a recognized university.Based on the candidate’s performance in the relevant entrance test.
    2.JAMNALAL BAJAJ INSTITUTE OF MANAGEMENT STUDIESMUMBAI, MAHARASHTRA1,02,000Bachelor’s degree from a recognized university.Based on the candidate’s performance in the relevant entrance test.
    3.CHRIST UNIVERSITYBANGALORE, KARNATAKA1,53,000Bachelor’s degree from a recognized university.Based on the candidate’s performance in the relevant entrance test.
    4.DEPARTMENT OF MANAGEMENT STUDIES IIT DELHINEW DELHI, DELHI NCR4,00,000Bachelor’s degree from a recognized university.Based on the candidate’s performance in the relevant entrance test.
    5.SYMBIOSIS INSTITUTE OF BUSINESS MANAGEMENTPUNE, MAHARASHTRA4,68,000Bachelor’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 TECHNOLOGYROORKEE, UTTARAKHAND2,09,000Bachelor’s degree from a recognized university.Based on the candidate’s performance in the relevant entrance test.
    7.SYMBIOSIS INSTITUTE OF BUSINESS MANAGEMENTBANGALORE, KARNATAKA5,63,000Bachelor’s degree from a recognized university.Based on the candidate’s performance in the relevant entrance test.
    8.SYMBIOSIS INSTITUTE OF MANAGEMENT STUDIESPUNE, MAHARASHTRA5,08,000Bachelor’s degree from a recognized university.Based on the candidate’s performance in the relevant entrance test.
    9.BHARATHIDASAN INSTITUTE OF MANAGEMENTTHIRUCHIRAPALLI, TAMIL NADU5,33,000Bachelor’s degree from a recognized university.Based on the candidate’s performance in the relevant entrance test.
    10.DEPARTMENT OF MANAGEMENTPILANI, RAJASTHAN77,500Bachelor’s degree from a recognized university.Based on the candidate’s performance in the relevant entrance test.
    11.ICFAI BUSINESS SCHOOLHYDERABAD, TELANGANA1,65,000Bachelor’s degree from a recognized university.Based on the candidate’s performance in the relevant entrance test.
    12.CMS BUSINESS SCHOOL, JAIN UNIVERSITYBANGALORE, KARNATAKA3,88,000Bachelor’s degree from a recognized university.Based on the candidate’s performance in the relevant entrance test.
    13.INTERNATIONAL SCHOOL OF BUSINESS AND RESEARCHBANGALORE, KARNATAKA3,50,000Bachelor’s degree from a recognized university.Based on the candidate’s performance in the relevant entrance test.
    14.MOTILAL NEHRU NATIONAL INSTITUTE OF TECHNOLOGYALLAHABAD, UTTAR PRADESH51,151Bachelor’s degree from a recognized university.Based on the candidate’s performance in the relevant entrance test.
    15.FACULTY OF MANAGEMENT STUDIES, BANARAS HINDU UNIVERSITYVARANASI, UTTAR PRADESH30,765Bachelor’s degree from a recognized university.Based on the candidate’s performance in the relevant entrance test.
    16.COCHIN UNIVERSITY OF SCIENCE AND TECHNOLOGYKOCHI, KERALA26,555Bachelor’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 UNIVERSITYPUNE, MAHARASHTRA66,264Bachelor’s degree from a recognized university.Based on the candidate’s performance in the relevant entrance test.
    18.GIBS BUSINESS SCHOOLBANGALORE, KARNATAKA2,55,000Bachelor’s degree from a recognized university.Based on the candidate’s performance in the relevant entrance test.
    19.AMRITA SCHOOL OF BUSINESSCOIMBATORE, TAMIL NADU4,11,000Bachelor’s degree from a recognized university.Based on the candidate’s performance in the relevant entrance test.
    20.FLAME UNIVERSITYPUNE, MAHARASHTRA5,80,000Bachelor’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.

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    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
    Job TitleJob DescriptionAverage Annual Salary in INR
    Account ManagerAn 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 clientele2,62,426 - 1,390,567
    Finance ManagerFinancial 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 AnalystBusiness 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.

    Master of Business Administration [MBA] (Financial Management) Fee Structure in India


    11 K (Minimum Fee)PUBLIC COLLEGES11.01 L (Maximum Fee)
    1.65 L (Average Fee)
    10.44 K (Minimum Fee)PRIVATE COLLEGES13.6 L (Maximum Fee)
    2.06 L (Average Fee)

    Master of Business Administration [MBA] (Financial Management) Fee Structure by State


    Maharashtra

    42.08 KPUBLIC COLLEGES2.33 L
    1.14 L
    52 KPRIVATE COLLEGES8.4 L
    2.18 L

    Uttar Pradesh

    11 KPUBLIC COLLEGES2.2 L
    1.11 L
    17.28 KPRIVATE COLLEGES5.54 L
    1.8 L

    Delhi NCR

    26 KPUBLIC COLLEGES11.01 L
    4.19 L
    31.4 KPRIVATE COLLEGES11 L
    2.67 L

    Tamil Nadu

    23.8 KPUBLIC COLLEGES1.42 L
    57.09 K
    52.8 KPRIVATE COLLEGES2.6 L
    1.26 L

    Madhya Pradesh

    2.34 LPUBLIC COLLEGES2.34 L
    2.34 L
    50 KPRIVATE COLLEGES1.75 L
    95.22 K

    Karnataka

    51.56 KPUBLIC COLLEGES7.2 L
    3.86 L
    10.44 KPRIVATE COLLEGES6.7 L
    2.34 L

    Andhra Pradesh

    30 KPUBLIC COLLEGES30 K
    30 K
    20 KPRIVATE COLLEGES1.46 L
    58.82 K

    Orissa

    59.33 KPUBLIC COLLEGES1.05 L
    73.61 K
    80 KPRIVATE COLLEGES13.6 L
    5.34 L

    Kerala

    2.85 LPUBLIC COLLEGES2.85 L
    2.85 L
    80.5 KPRIVATE COLLEGES3.6 L
    1.97 L

    Haryana

    1.91 LPUBLIC COLLEGES11.01 L
    6.46 L
    1.13 LPRIVATE COLLEGES11 L
    4.13 L

    West Bengal

    26.51 KPUBLIC COLLEGES1.86 L
    1.24 L
    5 LPRIVATE COLLEGES6 L
    5.5 L

    Gujarat

    8.33 LPUBLIC COLLEGES8.33 L
    8.33 L
    1.28 LPRIVATE COLLEGES1.58 L
    1.45 L

    Rajasthan

    2.86 LPUBLIC COLLEGES2.86 L
    2.86 L
    43.1 KPRIVATE COLLEGES3.52 L
    1.68 L

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