MBA (Finance And Human Resource Management): Courses, Admission, Syllabus, Colleges, Eligibility, Entrance Exam, Career Scope and Salary

  • course years 2 Years
  • type of course Post Graduate
  • course stream Management
  • course type Full Time
Written By universitykart team | Last Updated date Oct, 09, 2024

(1). About MBA in Finance and Human Resource Management Course

The topics connected to finance and human resource management are often the focus of an MBA in Finance And Human Resource Management. The core subjects of this course are accounts, HRM and finance.

MBA in Finance And Human Resource Management course is ideal for students who want to work as HR Managers for large firms and pursue careers in the banking and finance sector. Candidates for the MBA in Finance And Human Resource Management program should have managerial, leadership, and time management skills, among others.

After completing this MBA in Finance And Human Resource Management, students can choose to work in a variety of industries as a marketing manager, human resources manager, banker, finance manager, teacher or lecturer, etc.

The job opportunities in this course include work in a variety of industries, including marketing, banking, colleges and universities, and financial institutions. Students can choose from a variety of employment roles after completing the degree, including marketing manager, banker, finance manager, teacher/lecturer, etc. The average annual income for students with an MBA in Finance and HR Management ranges from INR 3 to 8 Lacs and is based on the candidate's education and experience.

The demand for students with MBA in Finance And Human Resource Management degrees is constant. After earning MBA in Finance And Human Resource Management, opportunities in finance, banking, lecturer and other fields are available.

Course Highlights:- MBA in Finance and Human Resource Management Course

Check out the table below for all the crucial information regarding the MBA in Finance And Human Resource Management:

Particular Value
Course Name MBA in Finance And Human Resource Management
Course Level Postgraduate
Course Duration 2 Years
Eligibility Criteria Graduation in any discipline with a minimum of 55%.
Entrance Exams CAT, XAT, GMAT, SNAP, NMAT, CMAT
Admission process Entrance Exam + Group Discussion + Personal Interview (GD-PI)
Examination Type Semester based
Age No age limit   
Average Annual Fees INR 50,000-1,00,000
Average Annual Salary INR 3,00,000-9,00,000
Top recruiters Tata Consultancy Service, Cognizant, Amazon, Apple, Accenture, Reliance Industries Limited, Wipro, Infosys
Job Profiles HR Financial Analyst, Compensation and Benefits Manager, Financial Planning and Analysis (FP&A) Manager, HR Business Partner (Finance), Talent Acquisition Specialist (Finance Sector), Mergers and Acquisitions (M&A) HR Analyst, Employee Relations Manager

Why study MBA in Finance and Human Resource Management Course?

The MBA in Finance And Human Resource Management gives students several benefits, such as a competitive salary, an exciting work description, a guaranteed position, etc. Here are some fundamental justifications for the significance of an MBA in Finance And Human Resource Management:-

(i). Popularity: The demand for MBA in Finance And Human Resource Management is rising steadily across the world, and it is considered to be one of the top professions.

(ii). High Initial Package: Individuals with degrees in finance and human resource management get excellent starting salaries that double after five years of job experience.

(iii). Career Options: You have a variety of employment options in the commercial and public sectors, including HR Financial Analyst, Compensation and Benefits Manager, Financial Planning and Analysis (FP&A) Manager, HR Business Partner (Finance), Talent Acquisition Specialist (Finance Sector), Mergers and Acquisitions (M&A) HR Analyst, Employee Relations Manager.

(iv). After completing an MBA in Finance And Human Resource Management, there is always a possibility to get a good career because the need for management students never decreases.

(v). Interesting job options: A profession in service management can be a fascinating one due to the practical uses of management tools in addressing real-world problems and reviewing various operational procedures by planning and organising with every company component in mind.

(2). Admission Process for the MBA in Finance and Human Resource Management Course

Admission to MBA in Finance And Human Resource Management course can be done through both online and offline methods.MBA in Finance And Human Resource Management admission also can be commenced with the aid of using at once touring the college's admissions office.

Types of MBA in Finance And Human Resource Management Courses

Candidates can choose from full-time, part-time, and distance options for the route. The accompanying MBA in Finance And Human Resource Management data is outfitted below:

(1). Distance: The Indian online or distance MBA in Finance And Human Resource Management is designed for individuals who are unable to attend regular classes; one of the most popular alternatives is a web-based one. Some Indian schools and universities, in addition to Symbiosis Centre for Distance Learning, offer an MBA in Finance And Human Resource Management via distance learning.

(2). Full-Time: The MBA in Finance And Human Resource Management is a two-year program that allows students to accelerate their learning process and significantly increase their exposure and experience.

(3). Part-Time: Professionals who are currently employed and are unable to take time off to attend full-time school should consider enrolling in a part-time MBA in Finance And Human Resource Management.

Eligibility Criteria for an MBA in Finance and Human Resource Management Course

The eligibility criteria for an MBA in Finance And Human Resource Management are simply as follows:

1. The candidate must have a degree in any field.

2. The student must achieve at least 50% of the points from 10+2+3.

MBA in Finance and Human Resource Management Course Admission Process

The score obtained through the entrance exam for the MBA in Finance And Human Resource Management. The total scores from the prior test, group discussion, and personal interview determine MBA program acceptance. Equally essential is the level of quality of the academic records of the applicants.

(i). Before admission, MBA programs typically require a series of tests. MAT, CMAT, and Feline are just a few examples.

(ii). In addition, numerous academic institutions support the benefits theory. August and September are ideal months for initiating the use of the affirmation method.

(iii). Almost all selection test formats will be accessible online by the end of August.

(iv). Some universities still select candidates through personal interviews and rounds of internal discussions.

MBA in Finance and Human Resource Management Course Accepted Entrance Exam

Below is a list of some of the entrance exams for pursuing an MBA in Finance And Human Resource Management:

NMAT IIFT
ATMA IBSAT
XAT CMAT
TISSNET MAH CET
CAT SNAP
MAT TANCET

Skills Required for MBA in Finance and Human Resource Management Course

Location, faculty, demand, infrastructure, and the resources to which students may also have access are all significant aspects taken into account when calculating the cost of an MBA in Finance And Human Resource Management. The typical cost of an MBA in Finance And Human Resource Management in India:

Accounting Decision-Making
Investment Management Critical Thinking
Risk Management Problem-Solving
Corporate Finance Analytical Skills
Financial Reporting Teamwork
HR Management    Time Management

MBA in Finance and Human Resource Management Course Fee Structure

The MBA in Finance And Human Resource Management costs consider those components like location, faculty, demand, infrastructure, and the resources to which students may also have access to all important factors. In India, the average cost of an MBA in Finance And Human Resource Management:

Name of College Average Annual Fee(INR)
NMIMS,Mumbai 20 lakhs
Indian Institute of Management,Indore 18 lakhs
XLRI - Xavier School of Management,Jamshedpur 16 lakhs
Indian Institute Of Management (IIM) Ranchi,Ranchi 22 lakhs
Tata Institute of Social Sciences,Mumbai 17 lakhs
Great Lakes Institute of Management ,Chennai 15 lakhs
Symbiosis Institute of Business Management ,Pune 14 lakhs
Management Development Institute,Gurgaon 13 lakhs
International Management Institute (IMI) ,Delhi 12 lakhs
Indian Institute Of Management (IIM–Calcutta),Calcutta 11 lakhs

Selection Criteria for an MBA in Finance and Human Resource Management Course

The selection process for an MBA in Finance And Human Resource Management involves multiple steps. Applicants submit applications, take entrance exams, and undergo personal interviews to assess their knowledge, communication skills, and desire for the program. The overall process evaluates candidates' academic skills and personal qualities to ensure a good fit for the school.

(3). Course Comparison

MBA in Finance And Human Resource Management v/s Part-Time MBA in Finance
Parameter MBA in Finance And Human Resource Management Part -Time MBA in Finance
Course Name MBA in Finance And Human Resource Management Part -Time MBA in Finance
Course Overview MBA in Finance And Human Resource Management course is ideal for students who want to work as HR Managers for large firms and pursue careers in the banking and finance sector. Candidates for the MBA in Finance And Human Resource Management program should have managerial, leadership, and time management skills, among others.      Part-Time MBA in Finance covers a wide range of topics in the financial sector, including concerns with financial management in businesses and financial organizations as well as financial organization, operations, and challenges facing the whole economy. Students who complete this degree will have the intellectual grounding and resources needed to handle significant real-world problems in a profession focused on finance.
Duration 2 years 2-3 years
Eligibility Bachelor’s degree in any stream with 50% aggregate Bachelor's degree     
Entrance Exams CAT, XAT, MAT, CMAT, GMAT, IIFT, etc. CAT, MAT, XAT, CMAT, GMAT
Average Annual Fees INR 50,000-1,00,000 INR 1,00,000 – INR 10,00,000
Top Colleges IIM Ahmedabad, Indian Institute of Management Luck now, etc. Indian School of Business (ISB), Faculty of Management Studies (FMS), XLRI Jamshedpur

(4). Top MBA in Finance and Human Resource Management Colleges

The following list includes some of the top universities that provide the MBA in Finance And Human Resource Management programs and additional information:

Name of College Location
NMIMS Mumbai
Indian Institute of Management Indore
XLRI - Xavier School of Management Jamshedpur
Indian Institute Of Management (IIM) Ranchi Ranchi
Tata Institute of Social Sciences Mumbai
Great Lakes Institute of Management Chennai
Symbiosis Institute of Business Management Pune
Management Development Institute Gurgaon
International Management Institute (IMI) Delhi   
Indian Institute Of Management (IIM–Calcutta) Calcutta

(5). Job & Placements for an MBA in Finance and Human Resource Management

After completing an MBA in Finance And Human Resource Management, professionals can get numerous opportunities in the public and private sectors. Here are some of them listed below:

Job Profile after an MBA in Finance And Human Resource Management

Following are some of the job profiles available after an MBA in Finance And Human Resource Management :

Job Profile Job Description
Account Manager Account managers work for companies whose primary responsibilities include developing close relationships with clients, establishing contacts with business executives, and creating sales reports.      
Finance Manager Finance management's primary responsibilities include performance evaluation and giving senior management guidance on how to maximize profits. They are also in charge of ensuring the business's financial stability.    
Management Consulting The majority of business school students desire to work in management consulting. MBA could make it simpler to get started and move up the ladder more quickly.    
Deputy Director The Staffing Director is crucial to the business. His position requires him to make all required decisions involving the company's personnel. Additionally, he is in charge of formulating the procedures for hiring, promoting, and training transfers.
HR Training and Development Director The company's newly hired personnel are given training programs by the director of HR Training and Development. His position requires him to successfully manage the training program so that the new hires may successfully contribute to the company's growth.    
Analyst Business Enterprise Analyst Business analysts are experts that evaluate a company's performance and assist them in doing research and problem-solving to maximize revenues

Top Recruiters for an MBA in Finance and Human Resource Management

The table below contains some of the top recruiters that hire MBA in Finance And Human Resource Management graduates, as follows:

Accenture TCS
Amazon Wipro
Google E&Y
Infosys KPMG
Deloitte PepsiCo
ITC Nestle

Average Salary for an MBA in Finance and Human Resource Management

Depending on their position, graduates may earn varying quantities of money. In addition to qualifications, location, and field of work, several other variables may influence the income of an MBA in Finance And Human Resource Management in India. In addition, as candidates gain more experience and exposure to the real world, they may advance to better positions and receive higher pay grades. A graduate with an MBA in Finance And Human Resource Management typically earns between INR 3,00,000-9,00,000 per year.

Job Role Average Annual Fee(INR)
Financial Analyst INR 2,50,000 - 10,00,000
Investment Banker INR 2,50,000 - 15,00,000
Corporate Finance Manager INR 2,50,000 - 12,00,000
Portfolio Manager INR 2,50,000 - 12,00,000
HR Manager INR 2,50,000 - 10,00,000
Analyst Business INR 2,50,000 - 8,00,000

(6). Career/Scope after MBA in Finance and Human Resource Management

Students who take the MBA in Finance And Human Resource Management course benefit from learning about the significant financial sector reforms as well as marketing. Students who take this course are more likely to become successful bankers. The communication, leadership, and time management abilities of the students are also improved by this course. For students with an MBA in Finance and HR Management, there are numerous prospects. Professionals in this industry can find employment in a variety of places, including banks, financial institutions, MNCs, colleges and universities, and so on.

Career options after MBA in Finance And Human Resource Management

The demand for students with MBA in Finance And Human Resource Management degrees is constant. After earning an MBA, opportunities in Financial Analyst, Investment Banker, Portfolio Manager, HR Manager other fields are available. Examine the following list of positions available to graduates: Here are some potential career options for individuals with an MBA in Finance And Human Resource Management:

(i). Financial Analyst.

(ii). Investment Banker.

(iii). Corporate Finance Manager.

(iv). Portfolio Manager.

(v). HR Manager.

(vi). Analyst Business.

MBA in Finance and Human Resource Management Scope for Higher Education

MBA in Finance And Human Resource Management scope is vast, which gives candidates a chance to pursue higher studies after obtaining the degree. The following are some of the best higher education programs in the given area:

(i). CA.

(ii). MPhil.

(iii). PhDs.

Skills that make you the Best in MBA in Finance and Human Resource Management

Many abilities are needed to succeed as an MBA in Finance And Human Resource Management graduate, including those that will help to accelerate personal learning curves and build a practical mindset that must be ingrained in the continuous learning environment.

(i). Communication skills.

(ii). Interpersonal skills.

(iii). Leadership skills.

(iv). Problem-Solving skills.

(v). Analytical skills.

(vi). Listening skills.

(7). FAQs for an MBA in Finance and Human Resource Management

(1). What is an MBA in Finance And Human Resource Management?

MBA in Finance And Human Resource Management course is ideal for students who want to work as HR Managers for large firms and pursue careers in the banking and finance sector. Candidates for the MBA in Finance And Human Resource Management program should have managerial, leadership, and time management skills, among others.

(2). What is the average fee structure for MBA in Finance And Human Resource Management?

Ans. The average MBA in Finance And Human Resource Management fees charged by colleges or universities in India lie anywhere between INR 50,000-1,00,000 per year.

(3). What is the expected salary for an MBA in Finance And Human Resource Management graduate?

Ans. The expected salary for MBA in Finance And Human Resource Management graduate is around INR 3,00,000-9,00,000 per annum.

(4). What qualifications must one meet to be admitted to the MBA program in finance and human resource management?

Ans. The eligibility standard for MBA in Finance And Human Resource Management is that applicants must have finished graduation with 50%.

(5). What is the admission process for MBA in Finance And Human Resource Management?

Ans. The admission process for MBA in Finance And Human Resource Management is both merit-based and entrance based.

(6). What is the duration of an MBA in Finance And Human Resource Management?

Ans. MBA in Finance And Human Resource Management is a two years course segregated into equal semesters of 6 months.

(7). What are the top MBA entrance examinations?

Ans. CAT, XAT, GMAT, SNAP, NMAT, and CMAT are some of the top MBA entrance examinations for an MBA in Finance And Human Resource Management.

(8). What are some of the best colleges for this course program?

Ans. The best Colleges for this program are IIM Ahmedabad, Indian Institute of Management Luck Now, etc.

(9). What are some of the most popular job profiles for an MBA in Finance And Human Resource Management?

Ans. HR Financial Analyst, Compensation and Benefits Manager, Financial Planning and Analysis (FP&A) Manager, HR Business Partner (Finance), and Talent Acquisition Specialist (Finance Sector) are some of the most popular job profiles for an MBA in Finance And Human Resource Management.

(10). What are some of the top recruiting companies for an MBA in Finance And Human Resource Management?

Ans. Tata Consultancy Service, Cognizant, Amazon, Apple, Accenture, Reliance Industries Limited, Wipro, and Infosys are some of the top recruiters for an MBA in Finance And Human Resource Management.

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