The Department of Financial Studies, under the Faculty of Commerce and Business, University of Delhi, is one of India’s most respected academic centres for finance education. The department offers a full-time Master of Business Administration (Finance) program, known for its rigorous curriculum, excellent placement opportunities, and an illustrious alumni network in the financial services industry.
Admission to this program is based on performance in the Common Admission Test (CAT) conducted by the Indian Institutes of Management, followed by Group Discussion and Personal Interview rounds conducted by the department. Academic performance and relevant work experience also contribute to the final selection.
The Department of Financial Studies is recognised for developing finance professionals and leaders through a curriculum focused on corporate finance, capital markets, risk management, investment banking, and financial analytics.
Department of Financial Studies Important Dates 2025
| Event | Tentative Date |
|---|---|
| Start of CAT 2024 Registration | August 2024 |
| CAT 2024 Examination | November 2024 |
| Announcement of CAT 2024 Results | January 2025 |
| Department of Financial Studies MBA Application Period | January–February 2025 |
| Shortlisting Announcement for Group Discussion & Interview | March 2025 |
| Group Discussion and Personal Interview Rounds | March–April 2025 |
| Final Selection List Declaration | May 2025 |
| Commencement of Academic Session | July 2025 |
Department of Financial Studies Course and Eligibility
The Master of Business Administration (Finance) program at the Department of Financial Studies is a two-year, full-time, postgraduate program specialising in financial management, capital markets, financial analytics, and related areas.
Department of Financial Studies PG Course
| Course Name | Duration | Eligibility Criteria | Annual Fee (INR) |
|---|---|---|---|
| Master of Business Administration (Finance) | 2 Years | Bachelor’s degree with at least 50% marks (45% for Scheduled Caste, Scheduled Tribe, and Persons with Disabilities candidates) + valid Common Admission Test 2024 score | ₹48,500 (₹12,125 for Persons with Disabilities) + ₹50 enrolment fee for non-University of Delhi students |
Department of Financial Studies PhD Course
| Course | Duration | Eligibility | Annual Fee (₹) |
|---|---|---|---|
| Ph.D. in Finance | 3–5 Years | Master’s Degree in relevant discipline with minimum 55% marks and valid University of Delhi Entrance Test/UGC-NET/JRF qualification | As per University of Delhi norms (Approx. ₹20,000/year + applicable examination & registration fees) |
Department of Financial Studies Admission Process 2025
Applicants seeking admission to the Department of Financial Studies, University of Delhi, must apply online through the department's official admission portal. The application process is simple, structured, and applicant-friendly. Candidates are advised to carefully confirm their eligibility for the Master of Business Administration (Finance) program before applying. Below are the step-by-step instructions to guide applicants through the admission process for the 2025 session:
- Appear for the Common Admission Test 2024 conducted by the Indian Institutes of Management.
- Apply online through the official website of the Department of Financial Studies by filling out the application form with academic and Common Admission Test details.
- Shortlisting of candidates based on the Common Admission Test score and academic profile.
- Group Discussion and Personal Interview rounds for shortlisted candidates are conducted by the Department of Financial Studies at the University of Delhi South Campus.
- Preparation of final merit list based on:
- Common Admission Test 2024 score
- Academic performance (Class 10, Class 12, and Graduation)
- Group Discussion and Personal Interview performance
- Issuance of admission offers to selected candidates.
- Mode of Application: Online through http://www.mfc.edu
Documents Required for Admission
- Common Admission Test 2024 Admit Card and Scorecard
- Class 10 and Class 12 Mark Sheets and Certificates
- Graduation Mark Sheets and Provisional Certificate or Degree
- Caste or Category Certificate (if applicable)
- Persons with Disabilities Certificate (if applicable)
- Four recent passport-size colour photographs.
- Government-issued Identity Proof (Aadhaar Card, Passport, or Voter ID)
Department of Financial Studies Frequently Asked Questions
What is the application fee for the Master of Business Administration (Finance) program at the Department of Financial Studies?
The application fee is ₹2,000 for candidates from the General category and ₹1,000 for candidates from the Scheduled Caste, Scheduled Tribe, and Persons with Disabilities categories.
Which entrance examination is compulsory for admission to the Department of Financial Studies?
Candidates must appear for the Common Admission Test conducted by the Indian Institutes of Management.
What is the annual tuition fee for the Master of Business Administration (Finance) program at the Department of Financial Studies?
The annual tuition fee is ₹48,500 for all categories except Persons with Disabilities candidates, whose cost is ₹12,125.
Are placements offered to all students at the Department of Financial Studies?
Yes, the Department of Financial Studies offers an excellent placement record, with students securing positions in leading consulting, financial services, and investment firms.
Does the Department of Financial Studies follow any reservation policy?
The Department of Financial Studies follows the reservation policies per the University of Delhi and Government of India guidelines.
Does the Department of Financial Studies provide financial assistance or fee concessions to economically weaker students?
Yes, the Department of Financial Studies offers need-based financial assistance and fee concessions under the welfare schemes of the University of Delhi. Details about scholarships and financial support are made available during the admission process.
Can candidates from non-commerce or non-finance backgrounds apply for the Master of Business Administration (Finance) program at the Department of Financial Studies?
Yes, candidates from all academic backgrounds, including science, engineering, humanities, and management, are eligible to apply for the Master of Business Administration (Finance) program, provided they meet the minimum eligibility criteria and possess a valid Common Admission Test score.
Are final-year undergraduate students eligible to apply for admission to the Department of Financial Studies?
Yes, candidates appearing in the final year of their undergraduate degree examinations are eligible to apply for admission, subject to the condition that they must produce proof of having met the eligibility criteria at the time of final admission.
What are the primary areas of specialisation covered in the Master of Business Administration (Finance) program at the Department of Financial Studies?
The Master of Business Administration (Finance) program at the Department of Financial Studies covers core areas such as corporate finance, investment banking, risk management, portfolio management, capital markets, financial analytics, and wealth management.
How is the selection process structured after the Common Admission Test at the Department of Financial Studies?
After the Common Admission Test results are announced, shortlisted candidates are invited to participate in a Group Discussion and Personal Interview. The final merit list is prepared based on the Common Admission Test score, academic record, work experience (if any), and performance in the Group Discussion and Personal Interview rounds.
