Top Colleges for MBA in Finance
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Selecting the right college for an MBA in Finance can be a daunting process. As we know, in India, there are so many options, with each college or university having its placement benefits, educational standards, and offerings!
India’s economy is expanding rapidly, resulting in an increased demand for professional and skilled candidates possessing an MBA in finance. Such demand is because this degree equips candidates with analytical thinking and problem-solving abilities, as well as dealing with major challenges that help them excel in the financial sector.Â
But here the major question is: how do you choose the right institution? How do you understand which college truly stands for you?  To help you with this, we have created comprehensive blogs with some of the best MBA finance colleges in India​, with their program details and other benefits. This will help you in making the right decision according to your interest. Furthermore, it’s important to note that online education has become just as significant as traditional classroom instruction. Online education has become as important as offline education. So, the list will be a mix of online MBA and offline MBA. S, grab your virtual briefcase, and let’s dive into the world of finance education in India!
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Here’s Our Pick of the 7 Best Colleges for MBA in Finance
Let’s have a look at the top colleges for MBA in finance with their fee structure:
Indian Institute of Management Ahmedabad (IIMA)
IIM Ahmedabad is another one of the most renowned management institutions in India. It is highly known as the Mecca of Marketing and is also known for fostering excellent credentials in the finance and consulting domain. An MBA degree from IIM Ahmedabad is considered the most sought-after by many CAT aspirants. The campus’s iconic architecture and lush green spaces are spread over 102 acres in the heart of Ahmedabad.Â
Fee: INR 2,500,000
Mode: Full Time
Degree: Globally Recognised
IIM Kozhikode
IIM Kozhikode was established in 1996 by the Government of India in collaboration with the State Government of Kerala. The campus of the Indian Institute of Management Kozhikode is spread over 112.5 acres and is located in the Kunnamangalam area of the historical city of Calicut in Kerala. It offers various academic and executive programs in management.
The Institute ranks among the top MBA colleges for finance in India. Their MBA program in finance is one of the reputed courses, helping students and professionals to thrive in the finance field.Â
Fee: INR 2,250,000
Mode: Full-Time
Degree: Globally Recognised
Symbiosis Institute of Business Management (SIBM), Pune
SIBM Pune is a prestigious institute from the Symbiosis International University and offers excellent MBA programs, particularly in finance. In other words, SIBM strives to combine, in the curriculum of its management education, a rigorous focus on academics along with that of practical exposure, making the students ready for the industry thereafter. SIBM uses various means, including lectures, case studies, and group projects, to enhance learning. It also has guest lectures and workshops with industry leaders that provide insights into the finance sector. The online MBA degree program from Symbiosis emphasizes the development of leadership skills alongside knowledge in technical finance.Â
Fee: INR 2,000,000
Mode: Full-Time
Degree: Globally Recognised
Manipal Academy of Higher Education (MAHE)
Established in 1953 as a single medical college, MAHE has now formed a renowned multi-faculty institution known for its academic distinction and healthcare excellence. Considered one of the best MBA finance colleges in India, ​this institution has over 35,000 students from 60+ nations across its different campuses in Bangalore, Jamshedpur, Mangaluru, and Dubai.Â
The MAHE online MBA in Finance program helps students to prepare for the finance sector by building problem-solving abilities and managerial and leadership skills. Their teaching method consists of a perfect blend of technical knowledge, soft skills, and experience-based learning that helps you to excel in every field. By enrolling in their online MBA in Finance, you can join a network of global leaders that will not only help you get unparalleled career opportunities but also mentorship and a career advancement environment.Â
Fee: INR 280,000/-
Mode: 100% Online
Degree: Globally Recognised
Parul University Online MBA
An NAAC A++ accredited institution, Parul University is highly known to offer a comprehensive online MBA degree specifically designed to meet modern business needs. As a multidisciplinary online learning and innovation center, this university is a clear representation of India’s cultural heritage with modern academic practices. Its accolades include awards such as Best Private University in Western India by Praxis Media, Best University in Placements by ASSOCHAM, and Most Outstanding University in the West Zone for hosting the highest number of nationalities on campus.
The Parul University MBA program is created to offer learners a robust academic foundation combined with real-world insights that build leadership and innovation qualities. The online MBA program guarantees academic excellence and professional credibility that empowers learners with practical skills and advanced knowledge.
Fees: INR 1,10,000/- + GST (INR 55,000/- per year)
Mode: 100% Online
Degree: Globally Recognised
Bharati Vidyapeeth Deemed to be University (BVDU)
BVDU is another one of the best MBA finance colleges in India​ with NAAC A+ accreditation, known for its high-quality education and industry-standard curriculum. Their two-year online MBA in Finance program is crafted for next-generation corporate leaders. The program helps to build management skills, leadership quality, and critical thinking abilities. All these skills will help you to identify lucrative opportunities in the finance field and navigate the complex challenges in an ever-evolving business landscape.Â
Fee: INR 160,000
Mode: 100% Online
Degree: Globally Recognised
Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai
Founded in 1965 by the University of Mumbai, Jamnalal Bajaj Institute of Management Studies has been a pioneer in management education. This college is counted among the top MBA colleges for finance in India and is also ranked among the top B-schools in the country with a legacy of 52 years.Â
The Master in Management Studies at JBIMS is its flagship program. Launched in 1965, this two-year, full-time MBA course has undergone regular updates to align with the evolving demands of the corporate landscape. Renowned for cultivating many distinguished leaders, JBIMS is often referred to as India’s “CEO Factory.” In the second year of the program, students can choose from various specializations, including finance, marketing, operations, systems, and personnel.
Fee: INR 600,000
Mode: Full-Time
Degree: Globally Recognised
Factors to Consider When Choosing a Top MBA in Finance College
Starting with an MBA in India is not only about the pursuit of higher education. It’s a life-changing journey that transforms your future career. So, when it comes to choosing the right college, a few key factors will guide you in making the right decision. Some of them are as follows:
Reputation and Accreditation
When it comes to choosing the best MBA finance colleges in India​, the reputation and accreditation of an MBA college play an important role in showing the quality and value of its degree in the job market. Renowned institutions like Manipal Academy of Higher Education (MAHE) and Amity Online University have set high standards by ranking among the top 50 in global rankings.
Curriculum And Specializations
The curriculum and specializations are important in shaping your MBA future career. In India, the finance sector is becoming more competent and demanding skilled professionals. So, these days, the integration of experiential learning through workshops, live projects, and case studies helps people gain knowledge and build skills. For example, the online MBA program offered by Manipal Academy of Higher Education (MAHE) has a strong focus on case-based teaching, ensuring that students can apply theoretical knowledge to real-world business scenarios.
Faculty And Industry Exposure
The quality of the faculty and the extent of industry exposure are key factors that enhance the value of an MBA program in India. A recent study revealed that more than 70% of faculty members at top Indian MBA colleges possess international teaching or industry experience, which adds a global perspective to the learning environment. Equally important is industry exposure; many colleges offer internships, guest lectures, and live projects with leading companies to provide students with practical insights and real-world experience.
Placement And Alumni Network
The strength of a college’s placement record and alumni network is a crucial factor in determining the best MBA finance colleges in India​. In India, leading colleges boast impressive placement rates and competitive salary packages. Additionally, the alumni network is vital for career growth, as graduates from esteemed institutions like the IIMs hold prominent positions in multinational corporations, offering valuable connections for mentorship and job opportunities.
MBA in Finance Salary
As we have been talking about, in India, the financial sector has always been a green industry, so here are some of the MBA in finance scopes​ in terms of salary you may want to consider. The salary for an MBA in finance is high in India. However, it differs according to the candidate’s skills and knowledge.
MBA Finance Job Roles | Average Salary |
---|---|
Investment banker | INR 2 LPA - 51 LPA |
Financial Manager | INR 3.5 LPA - 33 LPA |
Treasury Manager | INR 6 LPA - 33.7 LPA |
Financial Analyst | INR 2.1 LPA - 13 LPA |
Accounting Manager | INR 2.4 LPA - 17 LPA |
Bond Broker | INR 2 LPA - 6 LPA |
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Conclusion
Now you must have understood how you can choose the best MBA in finance colleges in India. Therefore, it’s important to consider whether you want to pursue an online education or a full-time one. Remember that an MBA is one of the most recognised degrees that can help you build a thriving career ahead. However, apart from the above-mentioned colleges, many other prestigious colleges are open to MBAs in finance. If you are keen to know more about them, reach out to the team at Jaro Education. We are here to assist every learner in building a successful career ahead.Â
Jaro Education is an online higher education and upskilling company offering dedicated academic guidance and career counseling to every individual. Today, we are collaborating with India’s top universities and institutions to provide the industry-standard program to students who want to be successful. Whether you’re looking to build your knowledge in management or pursue a career in cybersecurity, you can visit our website to explore the wide range of courses available.
Frequently Asked Questions
Which college has the best MBA in finance?
If you want flexibility, you may consider an online MBA program. Many prestigious universities offer the best MBA in finance; some of them are Manipal Academy of Higher Education (MAHE), Amity Online University, Parul University, and Bharati Vidyapeeth Deemed to be University (BVDU).
Which degree is best for an MBA in finance?
Well, a business major is a primary choice for passionate MBA candidates. Earning a bachelor’s in business can help graduates apply for a general or specialized MBA. Undergraduate business degree programs generally provide students with multiple popular choices, such as accounting, marketing, and human resources.
What is an MBA Finance salary?
In India, the average MBA in finance salary can range from ₹5 to 33 lakhs per year, depending on the job role, experience, and company.
Which MBA has the highest salary?
An MBA in Finance is one of the highest-paying MBA specializations. Other high-paying MBA specializations include marketing, economics, entrepreneurship, healthcare management, operations management, and strategy and consulting.