MBA (Financial Management)
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2 Years
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Post Graduate
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Management
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Full Time
2 Years
Post Graduate
Management
Full Time
The Full Form of MBA in Financial Management Course is the Master of Business Administration in Financial Management Course. An MBA in Financial Management is a postgraduate program that is concerned with the management of accounts and finances of a company to achieve certain financial objectives. The program prepares students with in-depth knowledge of pricing, assets management, risk management, financial planning, etc.
MBA Financial Management involves studies of analytics, budgeting, organizations, and financial monitoring. It requires skills such as comprehensive data evaluation, logical analysis, and proactive decision-making.
Financial management is the right career choice for students with good financial knowledge and the ability to analyze and those who have a deep-rooted understanding of financial models and the stock markets. MBA Financial Management offers a variety of career opportunities as students can also choose to pursue higher education in their respective fields. They can choose a higher degree like Ph.D. Finance, Ph.D. Management, etc.
MBA finance covers a wide variety of subjects like financial management, financial planning, cost of capital, etc. During the program, candidates learn how to apply theoretical knowledge to the real financial and trading world.
Throughout the course, students will learn the concepts of financial analysis, cost accounting, and management accounting, and their impact on general decision-making. New graduates of courses can easily expect an average salary of INR 3.00,000 to INR 9,00,000 per year. The salary offered increases with increased experience in their respective fields.
| Short Name | MBA in FM |
| Full Name | Master of Business Administration in Financial Management |
| Level | Postgraduate |
| Course Fee | INR 1.10-7 Lacs |
| Field | Management |
| Specialization | Finance |
| Duration | 2 Years |
| Exam Type | Semester Based |
| Minimum Qualification Requirements | 50% Marks in Bachelors Degree |
| Selection Process | Entrance Exam + Score of Bachelor's Degree |
| Average Initial Salary | INR 7-20L/year |
| Recruiting Companies | Merrill Lynch, Bain & CO, Boston Consulting Group, Goldman Sachs, JP Morgan, Deutsche Bank, McKinsey, etc. |
| Job Positions | Finance Manager, Credit Manager, Financial Advisor, Financial Planner, Cost Controller, Asset Manager, etc. |
(i). MBA Financial Management is beneficial for students who want to make their mark in the finance field and are looking for a career boost.
(ii). The Financial Management Program will provide you with concepts and techniques in finance, computer science, and mathematics as part of your M.B.A.
(iii). Both in India and internationally, there are several prospects in this vital profession. Financial experts can also work for international corporations.
(iv). Candidates will learn to use advanced technical tools to solve financial challenges, as well as complex analytic and quantitative methodologies, enabling them to solve difficult problems in high-tech finance.
(iv). Among all other MBA courses, MBA Financial Management Course offers the best job opportunities with great salaries
(i). The admission process in top MBA colleges starts in the first week of August/September and ends in the last week of November.
(ii). Candidates seeking admission to any of the top MBA colleges should apply for the relevant MBA entrance exam like CAT /XAT/IIFT/NMAT/ SNAP within the given time window.
(iii). After the announcement of the MBA exam result in January, most of the top business schools shortlist the eligible candidates for the final round of admissions based on a few parameters as per the admission guidelines.
(iv). All shortlisted candidates have to participate in the group discussion (GD), Written Ability Test (WAT), and then Personal Interview (PI).
(v). Based on the performance in the final selection round, weightage of admission scores, academic profile and diversity, work experience, and gender diversity, a final merit list is prepared and the respective B-School makes an offer of admission.
MBA in Financial Management Eligibility criteria
(i). A minimum of 50 percent aggregate or equivalent CGPA in a bachelor's degree from a recognized university.
(ii). For Reserved category students, the minimum aggregate required is 45 percent.
(iii). Most of the institutes accept candidates on the basis of entrance exam scores like CAT, XAT, CMAT, MAT, SNAP, etc.
Skills Required
| Strong quantitative skills | Data interpretation and analysis skills |
| Ability to perform well under pressure | Motivated and ambitious |
| Critical thinking and pulse on the business | Trustworthy and dependable |
| Leadership qualities and team player | Handle multiple tasks and the ability to take criticism lightly |
Accepted Entrance Exams
| ATMA | XAT |
| CMAT | MAT |
| NMAT | SNAP |
| CAT | GMAT |
| College Name | Place | Average fees |
| JC Bose University of Science and Technology | Faridabad | INR 1.02 Lakhs |
| Xavier School Of Management (XLRI) | Jamshedpur | INR 7.90 Lakhs |
| Bharati Vidyapeeth University, Institute of Management and Entrepreneurship Development | Pune | INR 2.25 Lakhs |
| Dayalbagh Educational Institute | Agra | INR 1.10 Lakhs |
| Indian Institute of Management (IIM) | Lucknow | INR 18 Lakhs |
| S P Jain Institute of Management and Research (SPJIMR) | Mumbai | INR 7.5 Lakhs |
| KIIT School of Management | Bhubaneswar | INR 6.80 Lakhs |
| Management Development Institute | Gurugram | INR 2.25 Lakhs |
| UEI Global | Delhi | INR 8 Lakhs |
| UPES | Dehradun | INR 6.67Lakhs |
| Aligarh Muslim University | Aligarh | INR 2.52 Lakhs |
| Suresh Gyan Vihar University | Jaipur | INR 7.90 Lakhs |
| BIM | Trichy | INR 7.90 Lakhs |
| Entrepreneurship Development Institute Of India | Gandhinagar | INR 3.40 Lakhs |
| IIM Ahmedabad | Ahmedabad | INR 20 Lakhs |
| IIM Kozhikode | Kozhikode | INR 18 Lakhs |
| Narsee Monjee Institute of Management Studies (NMIMS) | Mumbai | INR 20 Lakhs |
| Christ University | Delhi | INR 3.80 Lakhs |
| DSM ISM Dhanbad | Jharkhand | INR 3.40 Lakhs |
| IIM PIBM | Pune | INR 7.5 Lakhs |
Top recruiters for MBA Finance
| Morgan Stanley | Barclays | Merrill Lynch | JP Morgan Chase |
| BCG | Microsoft | Apple | Goldman Sachs |
| McKinsey | Wipro | TCS | Amazon |
| Bain & Co | ICICI Bank | KPMG | Boston Consulting Group |
| Deutsche Bank | Deloitte | Lehman Brothers | HSBC Bank |
MBA Financial Management Salary in India
The average MBA in Financial Management salary in India for graduates is around INR 2-20 LPA. The table below shows the salary breakdown of MBA Financial Management graduates in India:
i) Highest Salary 50 LPA
ii) Lowest Salary 2.5 LPA
iii) Average Salary 26.5 LPA
The table below contains the list of MBA Financial Management job profiles and their average salaries per annum:
| Job Role | Average Salary (INR) |
| Financial Analyst | 5 LPA |
| Risk Manager | 13 LPA |
| Investment Banking Associate | 10 LPA |
| Equity Analyst | 5.18 LPA |
| Accounting Manager | 6.7 LPA |
| Finance Manager | 9.80 LPA |
| Assistant Vice President - Corporate Banking | 20.00 LPA |
| Credit Risk Manager | 13.50 LPA |
| Derivatives Trader | 3.25 LPA |
| Portfolio Manager | 10.71 LPA |
| Treasury Manager | 9.69 LPA |
Candidates after finishing the MBA Financial Management program can pursue quite a few MBA finance careers. After finishing the course, college students can both are searching for a task or pursue a better education. The MBA Financial Management scope is unexpectedly increasing and could hold to accomplish that in the close to future. MBA Financial Management graduates can paint in quite a few fields in both the non-public and public sectors.
Career Options after MBA Financial Management
There are varied opportunities and skilled choices on the market when finishing MBA in Financial Management. Students will create choices to support their skills and interests. Following are a number of the foremost well-liked post-MBA Finance Management career options:
(i). Corporate Finance: It includes analyzing the financial statements of various companies, creating financial models, evaluating performance through the analysis of indices, evaluating the adequacy of the model created according to industry standards, selecting the appropriate valuation model, making assumptions for the valuation, and preparing the valuation report
(ii). Wealth and Portfolio Management: It is the creation of investment portfolios, retirement funds, tax planning, financial planning, etc. Wealth managers need to understand their client's financial goals and short-term and long-term plans.
(iii). Investment Banking: Investment Bankers should know how to manage assets, do financial leverage, track the market, and offer advice about when to release FPO or IPO.
(iv). Finance Research Analyst: Research Analysts should know how to do Equity Research, fundamental and technical analysis, valuations, risk management, and statistics.
(v). Financial Consulting: It includes in-depth research of problems and analyzes them to provide solutions. Their work includes change management, strategy development, training skills development, implementation of technology, and so on.
Government Jobs
| Top Government Hiring Roles | Salary (INR) |
| General Bank Manager | 5 LPA |
| Lecturer | 1.2 LPA |
| Chief Executive Officer | 25 LPA |
| Junior/Senior Executive Jobs | 4 LPA |
Private Jobs
| Job Roles | Average Salary (INR) |
| Corporate Finance | 9.6 LPA |
| Wealth and Portfolio Manager | 7.0 LPA |
| Investment Banker | 12 LPA |
| Finance and Research Analyst |
3.6 LPA |
Q. What is the duration of the MBA in Finance course?
Ans: MBA in Finance course is of two-year duration and is divided into four semesters, which include a summer internship in the first year and a final placement at the end of the fourth semester.
Q. What is the average CTC offered for MBA in Finance in India?
Ans: IIM graduates or students of top MBA colleges are offered an average of INR 16-20 lakh per annum CTC during campus placements Overall, the average starting salary of MBA Finance in India is over INR 6.50 lakh per annum according to payscale.com.
Q. Is Maths necessary for MBA in Finance?
Ans: All MBA programs require knowledge of Maths. For MBA in Finance, a strong hold on Maths is an advantage as the course includes some topics of Accounting, Taxation, Economics, and Finance.
Q. Which MBA institutes are best for an MBA Finance degree?
Ans: Top MBA Finance institutes include IIM Ahmedabad, IIM Bangalore, JBIMS Mumbai, FMS DU, and SPJIMR Mumbai among others
Q. In terms of syllabus, is MBA in Marketing easier than MBA in Financial Management?
Ans: According to students, the MBA Marketing curriculum is simpler than the MBA Finance curriculum. The MBA Finance syllabus makes extensive use of statistics and mathematics, making it difficult.
Q. How can a background in Accounts and Economics help you get an MBA in Financial Management?
Ans: While students from any discipline can pursue the course, students with backgrounds in Accounts or Economics will have broader horizons in terms of job opportunities, such as Financial Accounting Manager, Investment Banker, and Credit Analyst.
Q. Is MBA in Finance a tough course to pursue?
Ans: MBA in Finance is as rigorous as any other MBA program. However, since there is extra use of Maths and Statistics, some students may find it tougher than other specializations.
Q. What is the typical MBA financial management fee?
Ans: The average annual fee for an MBA in Financial Management in India ranges between INR 1,10,000 and INR 7,00,000.
Q. What free online certification courses are available for MBA financial management students?
Ans: MBA Financial Management students seeking free online certification can enroll in a variety of online courses. The following are some of the courses:
(i). Yale University's Financial Markets course is available on Coursera.
(ii). MIT's Finance Theory
(iii). Introduction to Corporate Finance by Columbia Business School via edX Finance for Everyone:
(iv). Smart Decision Tools by University of Michigan via edX History of Corporate Finance in a Nutshell by Alison.
Q. What are the job profiles for an MBA in Finance graduates?
Ans: Financial Analyst, Finance Manager, Senior Business Analyst, and Senior Finance Analyst are some of the popular job profiles offered to MBA Finance degree holders.
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