Top Colleges for MBA In Finance

Top Colleges for MBA In Finance

Top Colleges for MBA In Finance

The financial sector is the economy’s backbone. MBA in Finance is a programme that teaches mathematics, economics , and finance to the students. It pays equal attention to economics, as well as administration. It gets students primed to take the challenging work. The course succeeds in offering students both practical and theoretical experience. The skills they master are finance, planning, local economics and the world economy.

The Finance roles as Investor Analysts, Business Analysts, Collateral Analysts, Stock Broker, CFO, Policy Officer, Business Counselors, 
Investment Bankers, Management Experts, Accounting Manager, Risk Analyst, Accountant, Company Administrators, Cash Officers, Investment Banking Associates, etc.

They will handle the finances of the company which runs the firm.

Following are the top colleges that offer MBA in Finance:

1.Indian Institute of Management, Ahmedabad (IIM A)

Exam accepted: CAT, GRE, GMAT

Course offered: PGPM

Fees: 23 Lacs

Average Placement: 25.83 LPA

No. of Total Seats: 385

IIM A is a school of public business founded in 1961. Some of IIM Ahemadabad ‘s famous alumni are Raghuram Rajan, Chetan Bhagat, Rashmi Bansal, Deep Kalra, Harsha Bhogle, etc. In 2019, Finance Specialization’s highest salary at IIM A was 70 lakhs. Some of the top finance recruitment companies are Mckinsey, HSBC, Goldman Sachs, Credit Suisse, Accenture, KPMG, Avendus, Monitor Deloitte, Matrix Partners, JP Morgan, Kearney, Multiples, Nomura, Oliver Wyman, & The Boston Consulting Group, etc.

2. Indian Institute of Management, Calcutta (IIM C)

Exam accepted: CAT, GMAT, GRE

Course offered: PGPM

Fees: 27 Lacs

Average Placement: 25.33 LPA

No. of Total Seats: 462

IIM C is a public business school established in 1961. It is one of the only two triple-accredited business schools in India and the first to get the recognition. Some of the popular alumni of IIM C are Indra Nooyi, Nishi Vasudeva, Sunil Duggal, Ramchandra Guha,  Gopal Vittal, Shantanu Ghosla, Krishna Palepu, etc.  Some of the top recruiters are as BCG, Bain, McKinsey, AT Kearney, HCL, Amazon, American Express, Hinduja Group, Provogue Air India, Godrej, Pepsico, Philips, Aditya Birla Group, ABP Limited, ICICI Bank, Axis Bank, and Accenture Strategy. In 2019 the campus retained its crown as the Finance campus of the country with a 35% increase in offers in the sector, and 20% of the total offers.

3. Indian Institute of Management, Bangalore (IIM B)

Exam accepted: CAT

Course offered: PGPM

Fees: 21 Lacs

Average Placement: 24.54 LPA

No. of Total Seats: 412

IIM B is a public business school established in 1973. It is ranked 1 in NIRF ranking 2019 as the best management School. Some of the famous alumni of IIM B are Sameer Suneja, Ravi Subramanian, Aswath Damodaran, Karan Bajaj, Deepak Ohri, Nityanand Misra, etc. Goldman Sachs, Avendus Money, Citibank, JP Morgan, GSK, Genpact, Adani Group and Bajaj Finserv are some of the largest recruiters in finance.

4. Jamnalal Bajaj Institute of Management Studies (JBIMS)

Exam accepted: MAH-CET, CAT, CMAT, MAT, ATMA

Course offered: MMS

Fees: 6 Lacs

Average Placement: 20.13 LPA

No. of Total Seats: 120

The institute was established in the year 1995. The specialisations that a JBIMS has given are Finance, Communications, Operations, Applications and HR. JBIMS is known as the “CEO factory,” because it gives the world many CEOs. Some of the famous alumni are Chanda Kochar, Ajay Piramal, Uday Kotak, Mani Ratnam, Harish Manwani (Global COO of Unilever PLC), Siddharth Roy Kapoor(CEO of UTV Motion Pictures), Lalita D.Gupte, Raja Krishnamoorthy (Film & TV Director). Some of the top recruiters are J.P. Morgan Chase & Co., Goldman Sachs, McKinsey & Company, Hindustan Unilever, The Boston Consulting Group, ICICI Bank, Godrej Consumer Products, Mahindra Group, TATA Group, and Reliance Industries Limited amongst others.

5. Xavier’s Labour Research Institute, Jamshedpur (XLRI)

Exam Accepted: XAT, GMAT

Course offered: PGDM

Fees: 16.8 Lacs

Average Placement: 24.3 LPA

No. of Total Seats: 180

XLRI was established in 1949. It is approved by AICTE and credited by NBA, AMBA, and AACSB. They offer specialization in Business Management, HR, and General Management. Some of the popular alumni are Naveen Jain, Leena Nair, Akash Khurana, Abhishek Singh, Vineet Nayar, etc. Some of the recruiters are JP Morgan Chase, TATA Hitachi, TCS, VLCC, ITC, Muthoot Fincorp, Infosys DCG, Dell, ICICI Bank, Trident, Goldman Sachs, Cognizant, Amazon, Axis Bank, L&T ECC, KPMG, Hexaware, HCL, Tech Mahindra, OYO and Byjus, etc.

6. Faculty Management Studies(FMS), Delhi

Exam accepted: CAT

Course offered: MBA

No. of Total Seats: 288

Fees: 1.92 Lacs

Average Placement: 25.6 LPA

FMS is considered the best B-School in India when it comes to ROI. It is one of the oldest colleges in India established in 1954, which is owned by the government. Some famous alumni of FMS are Raghav Bahl, Harit Nagpal, Niren Chaudhary, Ira Singhal, Sandeep Das, etc. Some of the top recruiters were Microsoft, Capgemini ELITE, Amazon, Shell, American Express, IDBI Bank, JP Morgan chase, Edelweiss Capital, Axis Bank, India Bulls, SBI Capital Services, Kellogs, ITC, Maruti Udyog Limited, Nestle, TATA Motors, Gillette, GSK, IBM Consulting, Wipro, TCS, etc.

7. S. P. Jain Institute of Management and Research, Mumbai (SPJIMR Mumbai)

Exam accepted: CAT, GMAT, XAT

Course offered: PGDM

Fees: 17.5 Lacs

Average Placement: 26.36 LPA

No. of Total Seats: 240

SPJIMR is an autonomous b-school established in the year 1981. It provides specialization in SCM, Operations, Marketing, Information Management, and Finance. They have a diverse profile of students as they have profile-based and score based categories. Some of the famous alumni of SPJIMR are Pradeep Kar, Sunil Lulla, Anant Bajaj, Rajesh Jerujikar, etc. Some of the top recruiters at SP Jain are: Alvarez & Marsal, The Bridgespan Group, Praxis Global Alliance, Bank of America, Landmark Group, Intuit, Cisco, Sabre Partners, Spark Capital, Udaan, BYJU’S, Ola cabs, Swiggy and Dabur

8. Symbiosis Institute of Business Management, Pune (SIBM Pune)

Exam accepted: SNAP

Course offered: MBA

Fees: 20.5 Lacs

Average Placement: 17.48 LPA

No. of Total Seats: 180

SIBM Pune is one of the top B-school of India established in 1978. They offer specialization in Marketing, Finance, HR, Operations, Operations Management, and Innovation and Entrepreneurship. Some of the notable alumni of SIBM are Babu Antony, Neeraj Ghaywan, Ritu Anand, Piyush Vakil, Siddharth Nair, S N Subrahmanyan, etc. Some of the top recruiters are Accenture, Bajaj Finserv, Google, Shell, Barclays, IDFC Bank, Mahindra Comviva, Mindtree, Reckitt Benckiser, Trafigura Global, Societe Generale, Vodafone and Walmart, etc.

9. Management Development Institute, Gurgaon (MDI)

Exam accepted: CAT

Course offered: PGPM/PGP-HR/PGP-IM

Fees: 19.8 Lacs

Average Placement: 22 LPA

No. of Total Seats: 420

MDI is a private business school established in 1973. It is the first B-school who got accreditation from AMBA. Some of the notable alumni of MDI are Sachin Garg, Durjoy Datta, Amit Pandey, etc. Some of the top recruiters of MDI Gurgaon are Deloitte USI, OYO Rooms, KPMG, JP Morgan Chase, Airtel, KPMG, American Express, Accenture, Hinduja Group, Infosys and Bain Capability Centre.

10. Institute of Management Technology, Ghaziabad (IMT)

Exam Accepted: CAT/XAT/GMAT

Course offered: PGDM

Fees: 19 Lacs

Average Placement: 12.5 LPA

No. of Total Seats: 660

IMT Ghaziabad is one of the premier B schools in the country and has been awarded the prestigious AACSB accreditation. IMT has also added new courses in its curriculum with effect from the last batch. Some of the famous alumni of IMT are Prasoon Joshi, Sachin Pilot, Rajeev Karwal, Mini Mathur, Rudratej Singh, Prachi Tehlan etc. Deloitte, PwC, Google, JP Morgan, Goldman Sachs, Microsoft, SAP, Abhijeet Group, Escorts, Trident, Paytm and Accenture are among the top recruiters.

11. Woxsen University
The MBA program has been designed to equip students with the knowledge and skills required to successfully compete in a dynamic world. Starting with the fundamental concepts of business, the program enables students to appreciate the application of theory in practice through case studies, simulation exercises, an internship project, and other fascinating modes of learning.

Of the six terms in the program, the initial three terms focus on introducing and building students’ capabilities in general business areas – economics, quantitative techniques, finance, marketing, operations, and strategy. The courses covered in the first year are common for all students.

Students then participate in an internship project, working at a business firm for about ten weeks. This experience is invaluable in linking the theory learned so far with the real world of business. Typical internship projects involve improving the process performance at a factory, assisting in the launch of a new product, reducing supply chain costs and designing a reporting system for the firm.

Business Specialisations

During terms 4 to 6, the curriculum has a mix of core and elective courses across three disciplines. Students are required to select their area of specialization at the beginning of the second academic year from the following:

– Marketing
– Finance
– Operations
– HR

This program exposes students to how business is conducted in a global setting through interaction with Business leaders, industry experts & academicians. This is an invaluable learning experience that will stand students in good stead throughout their long careers.

The curriculum has been designed by a panel of academicians and professionals from the industry who have ensured that the selection of courses in the program and content of each course matches the current and future requirements of the Indian and global economy. At the end of the program, students will be well-prepared to take on the challenges of the ever-increasing complexity of the business world.

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Also read: Top Non-IIMs MBA colleges in India

These 10 colleges are the top reputed B-schools of India. The courses differ from college to college but following are the common concepts that are taught in these colleges:

  • Corporate Investment Management
  • Portfolio Management
  • Hedge Fund Management
  • Small Business and Corporate finance
  • Coverage of Global Financial institutions, valuation, volatility, fixed income securities, international markets, macroeconomics, real estate investment, development, and design, among many others

There are even internship programs that are offered through these colleges.  There are great placement offers as well. And to get a call from these colleges one must have to score between 90 to 99+ percentile. To get admission in these top colleges one must attempt the following entrance exams:

  1. CAT
  2. XAT
  3. CET
  4. SNAP
  5. GMAT
  6. GRE
  7. CMAT

For the preparation of these exams: Join our courses

Some of the other Top MBA Colleges in Finance are:

  1. Indian Institute of Management(IIM), Indore
  2. Indian Institute of Management(IIM), Lucknow
  3. Narsee Monjee Institute of Management Studies(NMIMS), Mumbai
  4. Indian Institute of Management(IIM), Kozhikode
  5. Indian School of Business(ISB), Hyderabad
  6. Indian Institute of Foreign Trade(IIFT), New Delhi
  7. International Management Institute(IMI), Delhi
  8. Indian Institute of Management (IIM), Udaipur
  9. Indian Institute of Technology(IIT), Delhi
  10. Indian Institute of Management(IIM), Trichy
  11. National Institute of Industrial Engineering, Mumbai (NITIE)
  12. Indian Institute of Management(IIM), Ranchi
  13. Indian Institute of Management(IIM), Shillong
  14. Indian Institute of Technology(IIT), Mumbai 
  15. Indian Institute of Technology(IIT), Kharagpur 
  16. Indian Institute of Management(IIM), Raipur 
  17. Xavier Institute of Management, Bhubaneswar (XIMB)
  18. Goa Institute of Management, Goa (GIM Goa)
  19. Sydenham Institute of Management Studies, Mumbai (SIMSREE)
  20. KJ Somaiya Institute of Management Studies and Research, Mumbai (KJSIOM)


This article was all about the top colleges that offer MBA in finance and some information about MBA in finance and the exams that help you get admission in these colleges. The article also spoke about the percentile needed in these exams which will help a student to get calls from one of these colleges.

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