MBA Finance Course: Eligibility, Fee & Admission

MBA Finance Course: MBA Finance is a specialization of Master of Business Administration degree. It is a 2-year duration course which is divided into 4 semesters. This course teaches students adequate learning in various areas such as financial risk, capital investment, trend forecasting, finance management business analysis, controlling, managing, investing, and evaluating the collection, management, and resources.

Latest Update of Aug 2023:

• 14 Aug 2023: IMTS Institute has opened fresh admission for the MBA Finance course, students can apply till 31 August 2023.
• 14 Aug 2023: NIILM University is accepting applications for the MBA in Finance Course for session 2023, interested candidates can enroll till 31 August 2023.
• 14 Aug 2023: MBA Finance Course is available for admission at William Carey University, Apply till 31 August 2023.
• 14 Aug 2023: Shri Krishna University is taking fresh registration for MBA in Finance Course, interested students can apply till 31 August 2023.
• 14 Aug 2023: Subharti University is now accepting new applications for the MBA Finance course. Interested students have the opportunity to apply until 31 August 2023. 
• 14 Aug 2023: Enroll in the MBA Finance Course at Mangalayatan University. Application deadline: August 31, 2023. Apply now!

Students who want to work in finance often take a two-year study called MBA in Finance. There are MBA Finance programs at many of the best MBA schools in India. Most of the time, national or state-level entrance tests like the CAT, MAT, XAT, SNAP, and others are used to decide who gets into these programs. Most MBA Finance programs have the following requirements for applicants:

MBA Finance Courses teach students about finance, business management, financial analysis, and other related topics in depth. Graduates of these programs can get jobs in many different areas of finance, such as investment banking, business finance, financial consulting, and more.

Admission to MBA Finance postgraduate program is possible for candidates from any stream regardless of other subjects’ inclusion in the previous qualification levels examination. The following sections of this article are going to press light upon some essential units of the MBA Finance degree that aspirants must know before he or they can think of admission to the program.

Eligibility Criteria:

• Undergraduate Degree: Prospective candidates must have successfully completed an undergraduate program in any field of study from a recognized university or institution.
• Minimum Aggregate: Usually, students are expected to have attained a minimum aggregate score of 45 percent or higher in their undergraduate studies. It’s worth mentioning that the specific minimum aggregate requirement may vary among institutions.

Fee:

The average annual fee for an MBA in Finance typically ranges from INR 34,000 to INR 2,10,000. However, it’s important to note that the fee structure can vary across universities and colleges based on factors such as the reputation of the institution, placement opportunities, and additional benefits offered by the university.

Entrance Exam:

Various universities accept entrance exams for admission to MBA in Finance programs. Entrances such as Common Admission Test (CAT), MAT, XAT, GMAT, CMAT, and rest others. On the other hand, students who do not want to attempt any sort of entrance test and want straight admission to the course must apply at the IMTS Institute. Students don’t need to go through an entrance exam to reach out to the IMTS Institute and advised students of distance learning/ Online Education.

Why Study MBA Finance Course?

The MBA in Finance is a two-year postgraduate program that offers comprehensive knowledge and skills in managing, investing, and acquiring resources in the finance field. The sector experiences an annual growth rate of approximately 8.5%, resulting in numerous job opportunities for MBA Finance graduates in both the private and public sectors.

Since MBA Finance courses are diverse in nature, companies seek graduates with the ability to manage costs, expenditures, and capital requirements across various sectors, such as marketing, sales, and human resources. Some of the top recruiters for MBA in Finance graduates include State Bank of India, HDFC, Tata, and Reliance. A few of the positions offered by these companies include VP Finance, Finance Officer, Finance Director, Corporate or Financial Controller, and Financial Manager.

MBA Finance Course Details

• MBA Finance is a specialized program within the Master of Business Administration degree. The course typically spans over two years and is divided into four semesters. To be eligible for the MBA Finance program, candidates must hold an undergraduate degree.
• Admissions to the MBA Finance program are usually granted through either entrance tests or merit-based scores. Several popular entrance tests for MBA Finance include CAT (Common Admission Test), MAT (Management Aptitude Test), GMAT (Graduate Management Admission Test), and SNAP (Symbiosis National Aptitude Test), among others. These entrance tests help assess the aptitude and skills of candidates for admission to the program.

MBA Finance Course Eligibility

The admission criteria for MBA professional and management degree programs of two-year duration that are largely followed across the universities in India are mentioned below.

• A three-year BBA Finance/BBA General degree from an approved university.
• Passing an undergraduate degree with related subjects from commerce/science/arts-driven domains can also be considered for admission.
• The minimum passing percentage should not go to less than 45 (40 for other categories)
• NMAT, GMAT, XAT, and CAT are some entrance examinations used for admission to the MBA Finance course.
• Shortlisted candidates normally get invitations for counselling/interviews or group discussion sessions.

MBA Finance Course Fee Structure 

The preparation of the MBA Finance fee structure is supported by registration/admission, examination, and two-year tuition fees. The annual or complete fee of the MBA Finance degree program is rarely found the same for one or two universities because most universities determine the fee structure of the MBA degree program based on more than the basics such as accommodation, living expenses, and so on. Thus, we can expect differences amongst universities in the fee for an MBA in Finance from 34,000 to 2.1 Lacs Indian rupees annually.

Types of MBA in Finance

The new world or modern education system brought three different ways of learning and completing the MBA Finance degree program which are online, regular, and distance learning. Students are given choices to make so that they can comfortably complete their education drive in the Master of Business Administration field.

Online MBA Finance Course

The online method of growing knowledge in the MBA Finance degree program suits individuals who are seeking alternatives to regular education so that they can study regularly and not find themselves away from the learning environment. 

Regular MBA Finance Course

Regular learning in the MBA Finance degree program is a gift to learners because here they cannot only improve their theoretical knowledge but also find glimpses of the practical experience of the professional world they are going to enter later.

MBA Finance regular degree program is something that almost is taken in all states in India in various universities like S P Jain Institute of  Management, NMIMS, Symbiosis Institute of Management, etc. The annual fee of MBA Finance’s regular degree program rovers from INR 87,000 to 1.25 Indian rupees.

Distance MBA Finance Course 

MBA Finance distance learning course is offered at various universities and institutions. students get to experience both campus-based and online learning. Students also can complete their studies while they are working. This method of studying the course is popular because it saves both time and money. MBA Finance via Distance mode is really beneficial for those who don’t have so much money to pay high fees.

The course “MBA Finance” in distance learning can be found at respectable universities, colleges, and institutions. The yearly fee for the MBA specialized degree program is from INR 34,000 to INR 56,000.

MBA Finance Syllabus

Students who are looking for the Syllabus for the MBA in Finance Course. Before that, students should know the Syllabus can vary. It depends on the institutes. Below, we are sharing the list of subjects list in semester-wise. Kindly check it, and don’t forget to confirm it from the official website.

What After MBA Finance Course?

• MBA Finance Course scope offers a career in finance, banking, corporate and many other industries in the government and private sectors.
• After this PG degree, students can high paid job opportunities in merchant banking, corporate banking, financial advisor, private equity analysis, project management, financial advisor, portfolio management, and risk management areas.
• MBA Finance professional degree graduates can earn a starting salary package of INR 7 to 9 LPA which can increase over time and experience.

MBA Finance Jobs

MBA finance course graduates have various job options in India and abroad. They have employment opportunities in finance as well as other sectors such as marketing, business management and many others. As the financial sector is growing exponentially, the need for its management is also increasing rapidly. An MBA finance graduate gets higher perks and top job profiles in comparison to other graduates in the same field. MBA Finance’s top job profiles are

• Finance Manager
• General Manager
• Accountant
• Sales Associate
• Estate Planner
• General Manager
• Market Research Analyst
• Digital Marketing Head
• Investment Banker
• Brand Manager
• Assistant Manager
• Chief Financial Officer
• Chief Marketing Officer
• Customer Relationship Executive
• Consultant
• Tax Planner

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Frequently Asked Questions (FAQ)

Question: Who is eligible for MBA finance?

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Answer: Anyone who has completed their bachelor’s degree from any stream with minimum 45% marks from a recognized university is eligible for the MBA finance course.