The MBA in Financial Management is a two-year full-time program designed to equip students with the skills needed for careers in corporate finance, investment banking, and wealth management. It was developed in consultation with industry stakeholders to meet the significant industry need in India and South Asia, aiming to nurture dependable, capable, and fair-minded professionals with the latest finance models and techniques.
Candidates are required to have at least 50% aggregate marks from a recognised university. The selection criteria are based on admission and are based on various entrance exams like CAT, MAT, XAT, SNAP and GMAT. Candidates are also required to appear for group discussion, written ability test (WAT) and personal interview rounds.
Some of the top MBA in Financial Management colleges include IIM Ahmedabad, IIM Kozhikode, IIM Bangalore, IIM Calcutta, IIM Lucknow, ISB, XLRI Xavier School of Management, NIMMS School of Business Management, SPJIMR Mumbai, IIT Delhi, and MDI Gurgaon. The course fee ranges between INR 2 Lakh to INR 27 LPA, depending on the college.
Candidates can hold top roles such as Credit Risk Analyst, Financial Analyst, Management Consultant, Chief Financial Officer (CFO), and Finance Manager. Some of the recruiters include JP Morgan Chase, BCG, Deloitte, KPMG, Morgan Stanley, Microsoft, TCS, Wipro, Amazon, and Apple, offering an average salary range of INR 8 LPA to INR 23 LPA.
Table of Contents
- MBA Financial Management Highlights
- What is MBA Financial Management?
- Why study MBA Financial Management?
- MBA Financial Management Eligibility Criteria
- MBA Financial Management Colleges in India
- MBA Financial Management Admission Process 2025
- MBA Financial Management Entrance Exams
- MBA Financial Management Syllabus
- MBA Financial Management Job Opportunities in India
- MBA Financial Management VS MBA Finance
- MBA Financial Management FAQs
MBA Financial Management Highlights
Mentioned below are the highlights of the MBA in Financial Management:
What is MBA Financial Management?
Given below are a few facts on MBA in Financial Management:
- MBA Financial Management covers essential topics like analytics, budgeting, organisations, and financial monitoring.
- This necessitates proficiency in thorough data evaluation, logical analysis, and proactive decision-making.
- The course covers financial analysis, cost accounting, and management accounting concepts and their influence on decision-making processes.
- MBA Financial Management offers diverse career opportunities, allowing students to pursue higher education in fields like PhD Finance and PhD Management.
- Fresh course graduates can expect an average salary of INR 5.11 to 8.33 LPA, with salary increases with experience in their respective fields.
Why study MBA Financial Management?
Given below are a few facts on why to pursue an MBA in Financial Management:
- MBA Financial Management is advantageous for students seeking a career boost in finance and a significant impact in their chosen field.
- The MBA Financial Management Course is a top choice among other MBA programs due to its exceptional job opportunities and competitive salaries.
- Candidates will learn advanced technical tools and complex methodologies to tackle financial challenges in high-tech finance, enabling them to solve complex problems effectively.
- This profession offers numerous global career opportunities, with financial experts potentially working for international corporations.
MBA Financial Management Eligibility Criteria
MBA in Financial Management is a two-year master's program aimed at equipping students for careers in corporate finance, investment banking, and wealth management. Developed in consultation with industry stakeholders, it aims to meet the unmet industry needs in India and South Asia by nurturing dependable, capable, and fair-minded professionals with the latest finance models and techniques.
Given below is the MBA Financial Management Eligibility Criteria:
- Candidates must have at least 50% aggregate marks from a recognised university.
- MBA Financial Management admission is based on various entrance exams like CAT, MAT, XAT, and SNAP.
- The MBA in Finance program does not have age restrictions.
- Candidates are also required to have prior work experience in the same field.
MBA Financial Management Colleges in India
Given below are the top colleges of MBA in Financial Management in India, along with their NIRF Ranking 2024 and total fees.
MBA Financial Management Admission Process 2025
Admission to the MBA in Financial Management is based on the entrance exam scores, such as CAT/MAT/XAT, etc. Given below is the step-by-step admission process for the MBA in Financial Management at IIM Ahmedabad:
Step 1: Fill out the CAT application form on CAT's official website. Select IIM Ahmedabad judiciously as one of the choice schools while filling out the form.
Step 2: The CAT exam is to be attended on the scheduled date. The test examines the candidates on three fronts, i.e., Verbal Ability & Reading Comprehension, Data Interpretation & Logical Reasoning, and Quantitative Ability.
Step 3: Wait for the CAT results to be declared. The results will determine whether you meet IIM Calcutta’s minimum cut-off criteria. The cut-off may vary each year, so check the official IIM Calcutta website for updates.
Step 4: Shortlisted candidates will be invited for the Personal Interview (PI) and Writing Ability Test (WAT) rounds if you have been selected. You will also need to fill in the application form specific to IIM Calcutta, and you will be asked to submit requisite documents such as academic records, work experience (if any), and other certificates.
Step 5: Appear for WAT and PI rounds according to the schedule that you are informed of. These are the important elements of final selection and weigh heavily in your composite score.
Step 6: You will be offered admission through email if shortlisted. You'll then have to upload all documents that are needed, such as your CAT scorecard, educational certificates, proof of work experience (if any), and valid identification.
Step 7: After your documents are processed and verified, you will be formally offered admission. To confirm your place in the MBA Financial Management course at IIM Ahmedabad, you will need to pay the admission fee within the given time frame.
Documents Required:
Make sure to keep the following documents ready for admission:
- Class 10 and 12 mark sheets and certificates
- Entrance exam scorecard
- Valid identity proof (Aadhaar card, PAN card, passport, etc.)
- Passport-size photographs
- Caste certificate (if applicable)
- Domicile certificate (for state quota seats)
- Provisional admission letter (if available)
MBA Financial Management Entrance Exams
Given below are the MBA in Financial Management entrance exams along with their application date and application fees.
MBA Financial Management Syllabus
The IIM Kozhikode MBA in Finance Management is a two-year, six-term program that covers core finance topics in the first year, followed by advanced courses and electives in the second year. Given below is the MBA in Financial Management syllabus.
MBA Financial Management Job Opportunities in India
Mentioned below is the job opportunities after MBA in Financial Management:
MBA Financial Management VS MBA Finance
Mentioned below is the comparison between MBA Financial Management and MBA Finance:
MBA Financial Management FAQs
Name a few international universities offering an MBA in Financial Management?
A few international universities offer an MBA in Financial Management
How does MBA Financial Management differ from a general MBA?
While a general MBA covers broad business management, the financial management specialization delves deeper into finance-specific topics, equipping graduates with specialized skills for high-level finance roles.
Is mathematics important for an MBA in Financial Management?
Yes, Mathematics is a mandatory subject in the MBA Financial Management curriculum, as it is integral to many courses. However, a basic understanding of Maths can make it easier to study MBA Financial Management.
Are there any online courses for an MBA in Financial Management?
MBA Financial Management students can enrol in various online courses for free certification, including Yale University's Financial Markets course, MIT's Finance Theory, Columbia Business School's Introduction to Corporate Finance, University of Michigan's Smart Decision Tools, and Alison's History of Corporate Finance in a Nutshell.