MBA Finance Admission 2025: Entrance Exam, Colleges and Fees

An MBA in Finance is one of the best options for entering financial management, investment banking, or corporate finance careers. The entrance procedure for top MBA Finance colleges in India involves clearing competitive entrance tests such as CAT, XAT, GMAT, NMAT, or CMAT. Aspirants must have a graduation degree in any discipline from a UGC-recognised university can apply for the course. Some of the top colleges offering MBA Finance courses include the IIMs, Symbiosis Institute of Business Management, NMIMS, TAPMI Manipal, and IMT Ghaziabad.

The MBA in Finance is a two-year postgraduate program designed to provide students with knowledge of management disciplines and topics related to finance. The subjects include Corporate Finance, Investment Analysis, Risk Management, Portfolio Management, Financial Accounting, and International Finance. Indeed, an MBA in Finance makes graduates work in organisations like Goldman Sachs, Deloitte, KPMG, JP Morgan, McKinsey, EY, and top Indian corporates like Reliance and Tata Group. The MBA graduates can work as Financial Analysts, Investment Bankers, CFOs, Risk Managers, Portfolio Managers, and Finance Consultants. The average starting package offered to an MBA Finance degree graduate can range between INR 6-20 LPA.

MBA Finance Eligibility Criteria

Aspirants can check the below-mentioned MBA Finance eligibility criteria to get admission to a top management institution:

• A candidate must possess a bachelor’s degree in any discipline from a recognised university.
• A background in commerce, economics, and finance may be an additional advantage, but it is not a necessity—engineers, arts, and science graduates are all eligible.
• A minimum aggregate of 50% marks (or an equivalent CGPA) in the qualifying degree. For reserved category candidates, this is generally relaxed to 45%.
• Admission is primarily based on the results of the entrance exams. Prominently accepted exams include CAT (Common Admission Test), XAT (Xavier Aptitude Test), GMAT, GRE, CMAT (Common Management Admission Test), NMAT (NMIMS Management Aptitude Test), MAT (Management Aptitude Test), and SNAP (Symbiosis National Aptitude Test).
• Work experience is not mandatory for the full-time MBA programs, but it is preferred by certain colleges like IIMs.
• The selection of the candidates is based on the entrance exam; candidates who have been shortlisted are invited to attend Group Discussion (GD), Personal Interview (PI), and/or Written Ability Test (WAT).

MBA Finance Entrance Exam 2025

To take admission into MBA Finance, one has to clear an entrance exam. These entrance exams are organised at the national, state, and university levels. National-level entrance exams include CAT, XAT, MAT, and CMAT. The top B schools and all IIMs accept these national-level examinations. Some state-level entrance examinations include MAH MBA CET, TANCET, TSICET, AP ICET, and KMAT. These exams are required to secure admission into government and affiliated colleges in particular states. Also, many MBA finance collegesor universities hold their entrance test, such as NMAT, SNAP, MIT-WPU CET, etc. More exam details are mentioned below:

National Level Exam

State Level Exam

University Level Exam

MBA Finance Admission Process

The process of MBA Finance admissions runs online and is broadly similar for all institutions throughout India. However, at NMIMS, the admission process is given below:

Step 1: Visit the official website of NMAT, "nmat.org", and register yourself.

Step 2: After successful registration, you will get your GMAC ID.

Step 3: Using the registration number, go to the website of NMIMS, "nmims.edu", fill out the application for the MBA Finance degree program, upload relevant documents, and pay the application fee (INR 3000).

Step 4: Candidates must schedule and appear for the NMAT test at a centre of their choice or online; keep in mind that you need to score competitively as NMIMS shortlists its candidates based on NMAT performance.

Step 5: NMIMS considers academic records, NMAT scores, and sometimes work experience, to screen candidates, invite students for further processes, and shortlist applications.

Step 6: The next stage, which may have a psychometric test or a Written Ability Test, is Case Discussion (CD)/Group Discussion (GD) and Personal Interview (PI) rounds

Step 7: After that, NMIMS evaluates candidates' overall performance across all processes and finally prepares the merit list

Step 8: An offer letter for admission shall be given to the selected candidates.

Step 9: Pay the admission fee to confirm your seat; upload or submit any required documents as per the announcement.

Documents Required

The following documents are required for MBA Finance admission:

• Class 10 & 12 mark sheet and certificate
• Bachelor’s degree certificate or provisional certificate
• Entrance exam scorecard
• Entrance exam admit card (if required)
• Government-issued photo identity proof (Aadhaar card, PAN card, Passport, Voter ID, or Driving License)
• Recent passport-size colour photographs (as per the institution’s specifications)
• Caste or category certificate (SC/ST/OBC/EWS/PWD), if applicable
• Work experience certificate or letter from employer(s), if you have work experience or if required
• Domicile certificate (for state quota, if applicable)

Top Colleges for MBA Finance

IIMs, NMIMS University, and Symbiosis Institute of Business Management are some of the top institutions offering MBA Finance. The table below lists some of the best colleges for MBA in finance:

Frequently Asked Questions