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Kamaldeep
28 June, 2024
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We have reached a point where the market has witnessed several changes and the dynamics of business operations need modifications. That is why, there is a huge demand for qualified MBA graduates in every sector. If you are intrigued by the intricacies of finance, then pursuing an MBA in Finance is the right call. Finance is among the most sought-after sectors that various educational institutions offer.
Therefore, for all the finance enthusiasts, we have compiled this blog with every detail about the MBA in Finance programme. Before we proceed, keep in mind that some institutions may refer to this programme as an MBA in Financial Management. However, both are similar.
Master of Business Administration with finance specialisation is a two-year postgraduate degree programme. The course focuses on critical problem-solving skills and developing advanced financial skills. Its coursework includes topics such as financial management, investment analysis, and financial decision-making. The programme structure is a blend of theory and practice making it completely industry oriented.
Starting from the basics of finance to the emerging trends in the industry, you are prepared for every challenge in the field. Moreover, if you are considering a switch in your career, getting an MBA in Finance is can be an ideal and smooth way to transition into this field.
It rewards an individual with a bunch of skills like
Financial expertise: It provides an understanding of the financial market, including investment analysis, risk management, and corporate finance.
Development in finance: Finance opens the doors to several new opportunities, including, fintech and data analytics where the postgraduate MBA degree provides you an edge in the competitive marketplace.
Practical knowledge: Business is like a mind game, where you have to understand and manage numerous strategies. MBA in financial management will provide several case studies, projects, and real-life examples that give you exposure to think out of the box.
Soft skills development: MBA provides leadership courses where soft skills play a vital role, including communication, and critical thinking in every corner of our lives.
Choosing finance specialisation in MBA is considered a wise decision for the following reasons:
Secure career option: the finance profession has always had a high demand for skilled professionals across various industries. This evergreen field ensures career stability and security in the long term.
Higher learning potential: An MBA degree is known to increase your earning potential by preparing you for management and leadership roles while enhancing your niche skills.
Wider career options: MBA in Finance graduates can work in both the banking and non-banking sectors based on their interests.
Higher networking potential: The MBA programme gives you a chance to interact with industry professionals, alumni working in diverse fields and peers coming from different professional backgrounds. These connections help in the later stages of your professional journey.
Develop entrepreneurial skills: Entrepreneurship is a major part of the MBA in Finance coursework. You learn about financial management, risk management and strategic planning necessary to start and run a business.
The eligibility for an MBA in Finance programme is quite similar across institutions in India. However, there may be a few differences in some institutions. In this section, we have compiled the general eligibility criteria that you must fulfil for admission to the MBA in Finance course.
You require an undergraduate degree from a recognised university with a minimum of 50% marks (the minimum marks range can vary in different colleges)
For reserved category students as directed by the government, there is a 5% relaxation in minimum marks.
In the case of a regular MBA, you must qualify for a national, state or university-level entrance exam such as CAT, XAT, MAT, CMAT or SNAP.
Group discussion and personal interviews are also a part of the selection process in regular mode
If you are applying for an online MBA, then the entrance exam and the personal interview are not mandatory
| Name of the College | Fee |
| Lovely Professional University | INR 2,00,000 (per semester) |
| Faculty Management Studies, University of Delhi | INR 10,480 (per year) |
| Symbiosis Institute of Business Management | INR 6,05,000 (per semester) |
| Manipal University, Jaipur | INR 5,34,000 (per year) |
| Name of the College | Accreditations/Recognitions | Fee |
| Jain University | UGC – DEB, NAAC A++, AICTE | INR 40,000 (per semester) |
| Online Manipal | UGC – DEB, NAAC A+ | INR 1,75,000 (full course) |
| Chandigarh University | UGC – DEB, NAAC A+ | INR 2,00,000 (full course) |
| Symbiosis International University | UGC – DEB, NAAC A++, AICTE | INR 3,00,000 (full course) |
| Dr. D.Y. Patil Vidyapeeth | UGC – DEB, NAAC A++, AICTE | INR 1,69,200 (full course) |
| UPES | UGC – DEB, NAAC A | INR I,75,000 (full course) |
Here is a general syllabus of MBA in Finance offered by various colleges in India in online and offline mode.
| Semester 1 | Semester 2 |
| Micro Economics | Financial Modelling |
| Corporate Social Responsibility | Supply Chain Management |
| Principles of Accounting | Business Intelligence |
| Principles of Marketing Management | Strategic Management |
| Tools and Frameworks for Decision-Making | Corporate Governance and Business Ethics |
| Quantitative Methods and Statistics | Corporate Finance |
| Organisational Behaviour 1 | Marketing Research |
| Semester 3 | Semester 4 |
| Macro Economics | Marketing Management |
| Business Law | Project Management |
| Operations Management | Organisation Behaviour 2 |
| Corporate Management | Internship/Project |
| Optimisation and Project Research |
Here is a list of 10+ MBA in Finance project topics for which you can opt-in for your coursework:
Impact on tax policies on small business owners: An analysis
The effect of financial reporting on investor decisions in the stock market
Financial institution’s role in promoting economic growth in the emerging markets
Study on the effectiveness of corporate governance in the mitigation of financial fraud
How do risk management practices affect financial performance in the banking sector?
Relationship between firm value and earnings management
An analysis report on the effect of fiscal policy on economic growth
Determining the relationship between corporate governance and capital structure
A study on the impact of the Basel III framework on bank stability
A study on the determinants of capital budget decisions in MNCs
An analysis of the effectiveness of internal control systems in financial fraud prevention
Role of financial markets in the promotion of innovation and entrepreneurship
Also Read: 10 Promising MBA Project Topics for Finance
As per the Statista numbers, the total revenue of the finance market is expected to grow at a CAGR of 14.02% by 2027. In recent years, the FinTech sector has shown a significant growth rate. In 2021 it had a market size of $50 billion and following this trend, Invest India predicted this market to reach $350 billion by 2023.
What do these numbers tell you? The bright future the finance industry holds for MBA in Finance graduates. An MBA degree in finance or an MBA in Financial Management can bring you various career opportunities such as:
| Job Roles | Average Salary (INR) |
| Investment Banker | 17.6 to 55.4 LPA |
| Private Equity Manager | 2.4 to 4.5 LPA |
| Financial Analyst | 6 to 12.4 LPA |
| Financial Manager | 17 to 30 LPA |
| Chief Financial Officer | 53.6 to 90 LPA |
| Account Manager | 8.7 to 16.4 LPA |
| Credit Manager | 7.5 to 12.5 LPA |
| Management Consultant | 26.9 to 42 LPA |
| Corporate Controller | 24.5 LPA to 35 LPA |
While choosing a college for an MBA in Finance consider the following:
The choice to pursue an MBA in Finance specialisation should be solely based on your interests and future career goals. With the right mindset and determination, there is nothing you cannot achieve. But if you are still contemplating the question of why an MBA in Finance, you can take career counselling to get your thoughts clear.
It will depend on your experience and skills. Mostly, MBA graduates work as corporate controllers, financial managers, equity fund managers, CFOs, and in other positions.
The difficulty level is different for every candidate, however, the curriculum of an MBA in Finance is tough and needs hard work.
While every university will have different subjects, the core areas covered are micro and macroeconomics, financial modelling, principles of accounting, corporate finance, and corporate management among others.
An MBA in Finance from a good college is totally worth it.
Yes, arts students can pursue an MBA in finance, provided they are able to fulfil the eligibility of that particular college.
