MBA (Marketing And Finance): 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

About Course

The MBA in Finance and Marketing is a two-year postgraduate program that explores the fields of marketing and finance. Students can find out about innovations and make contacts with the best companies on the market. This course provides students with the essential skills needed to start a business and helps with career and skill development.

The MBA in Marketing and Finance is a course that provides students with a platform to sharpen their skills and adapt to all types of environments. Prepares students for excellence in marketing and finance through the knowledge acquired in the Marketing and Finance MBA courses.

It covers all aspects of marketing and finance such as budgeting, auditing, advertising and public relations to expand students' knowledge and enhance the skills required in this field. The MBA in Marketing and Finance offers a balanced methodology by delivering subject matter knowledge through lectures, projects, presentations, discussions and more. Some other methods in this sense include internships and seminars as part of postgraduate studies.

This course offers internships at renowned and recognized organizations in various work areas. The primary focus of this course is to prepare potential candidates for careers in marketing and finance.

Course Highlights

Particulars Values
Course Name Master of Business Administration in Marketing and Finance
Course Level Post Graduate (PG)
Course Duration 2 years
Examination Type Semester System
Eligibility Criteria Bachelor’s Degree with 50% Aggregate
Admission Process Merit/Entrance Based
Specialization Marketing and Finance
Internship Yes
Entrance Exams CAT, MAT, XAT, GMAT, etc.
Course Fee INR 12,000-12 Lacs
Average Annual Salary INR 2 – 7 LPA
Top Recruiters Tata Mahindra, Royal Bank of Scotland (RBS), Biocon, HCL, etc.
Job Profiles Marketing Manager, Marketing Executive, Relationship Manager, Finance Analyst, Business Analyst, Credit Risk Manager, Derivatives Trader, Portfolio Manager

Why Study MBA in Marketing and Finance?
The MBA in Marketing and Finance is a two-year postgraduate program designed specifically for candidates interested in the field of marketing and finance. In this course, the student can learn a lot and improve his skills which will help him in his future career. Applicants can benefit from this course in several ways:

1. The Marketing and Finance MBA is specifically designed to teach students all about marketing: how to make smart marketing decisions (related to advertising, public relations, etc.)
2. This course focuses on the financial aspect of business and management and is designed to train students to make sound financial decisions for any business or organization. Funding from marketing supports students' professional and personal development.
3. The MBA in Marketing and Finance helps the candidate gain a solid understanding of finance and related fields while developing skills such as data analysis and financial accounting.
4. Applicants must also have their talent. Through this training, they can improve these skills and acquire the skills they need to start a startup or their own business.
5. Applicants can also take other courses, such as B. Certification in Risk Management Assurance (CRMA), Certificate in Financial Management (CFM), Financial Risk Manager (FRM), and Chartered Financial Analyst (CFA).

Eligibility Criteria
Applicants applying to the Marketing and Finance MBA program must meet the following criteria to be admitted to this course:

1. Applicants must have a high school diploma and a bachelor's degree from a recognized school board.
2. Applicants must pass entrance exams in their final year of undergraduate studies to apply for admission to the Marketing and Finance MBA program immediately upon graduation.
3. Applicants must have a 50-60% cumulative percentage in their license.
4. Applicants must achieve valid entrance exam scores to meet college admissions criteria.


Admission Process

MBA Marketing and Finance have become very difficult these days. Candidates can take a few steps to make the recruitment process less tiring and stress-free. At most universities, admission is granted after an entrance exam and counselling interviews. Applicants can be accepted into a good university by following these steps:

Step 1: To start, the candidate needs to apply for various entrance exams like CAT, MAT, GMAT, XAT, etc.
Step 2: After applying for these entrance exams, applicants must report there, since their grades in these exams are partly important for admission.
Step 3: After the results are announced, applicants should make a list of preferred colleges and fill out the admissions form.
Step 4: After the admission forms are completed, the colleges publish a shortlist of applicants based on the passing score and performance in the admissions exam.
Step 5: Once a candidate has been shortlisted, they will receive a call from the institution for an internal selection process that includes: Written Aptitude Test (WAT), Group Discussions (GD), and Personal Interviews (PI).
Step 6: Based on the overall results, applicants are selected and must pay an application fee that confirms the applicant's acceptance.

NOTE:
Several universities offer direct admission to certain candidates under two conditions:

1. Applicants with a bachelor's degree from a reputable university or institution of national importance.
2. Applicants belonging to specific categories such as SC/ST/OBC or other PIL students.

Skills Required for MBA in Marketing and Finance
To be successful in this field of study, students need to learn many soft skills. The student acquires the necessary skills in class. These skills are acquired through experience. A student needs to push his limits and try to learn new things. Here are some of the skills students should acquire:

1. Quantitative Analysis Skills
2. Research Skills
3. Analytical Skills
4. The Ability to Work Under Pressure
5. Interpersonal Skills

Entrance Exams for MBA in Marketing and Finance
The MBA Finance and Marketing entrance exams are the most important element to get into a good university that offers an MBA program. There are different types of entrance exams for different qualification levels. Applicants may take national, state, or university entrance exams for admission to colleges. Candidates must also keep track of any necessary information related to these exams, e.g., Login details, exam dates, etc. Some of these are listed below:

CAT XAT
IIFT GMAT
CMAT IBSET
TISSNET Karnataka PGCET

Fee Structure
MBA Finance and Marketing programs vary by university, also due to a few factors such as location, faculty, demand, infrastructure, and facilities available to students. The average cost of the course is around INR 2-7 LPA.

Name of College Average Annual Fees
Universal Business School INR 1.9 LPA
Poornima University INR 2.5 LPA
MATS University INR 3.5 LPA
Jain University INR 9.9 LPA

Selection Process
The admissions and selection process is usually the same as other institutions offering this degree. After the qualified applications, the institutions decide on the selection of the students based on the grades obtained in the entrance tests. In addition, final grades also play an important role in admission.

Course Comparison

Parameters MBA in Marketing and Finance MBA in Marketing
Course Name Master of Business Administration in Marketing and Finance Master of Business Administration in Marketing
Course Overview  It gives the candidates scope for innovative lookouts and networking with the best companies in the market. Through this course, the candidates acquire the necessary skills to start a business or a start-up and gives a wide scope for the development of careers and skills. It provides students with the knowledge and technique of creating a narrative around any particular product and service with the help of analytics, storytelling, communications, customer behaviour and management skills. 
Course Duration 2 years 2 years
Course Level Post Graduate (PG) Post Graduate (PG)
Eligibility Criteria Bachelor's degree with 55% marks in aggregate  Bachelor’s degree with a minimum aggregate score of 50%
Admission Process Merit/Entrance Based Entrance/Merit Based
Career Prospect Marketing Executive, Relationship Manager, Finance Analyst, Business Analyst, etc. Marketing Executive, Digital Marketer, Retail Marketer, etc.
Average Annual Salary INR 2 – 7 LPA INR 5 – 7 LPA

Top Colleges of MBA in Marketing and Finance

Listed below are some of the top MBA in Marketing and FinanceColleges in India which offer the course:

Name of College AverageAnnualFee(INR) Location
Universal Business School (UBS) INR 1,098,000 Mohali
Poornima University (PU) INR 2,15,000 Jaipur
Ramaiah Institute of Technology (RIT) INR 1,08,000 Bangalore
Balaji Institute of Telecom and Management (BITM) INR 8,45,000 Pune
NITTE Meenakshi Institute of Technology (NMIT) INR 85,390 Bangalore
Jaipur National University, School of Business & Management (SBM) INR 3,57,000 Jaipur
Martin Luther Christian University (MLCU) INR 2,95,000 Shillong
Jain University (JU) INR 9,90,000 Bangalore
MATS University INR 3,50,000 Raipur
Sharnabasava University INR 1,08,000 Gulbarga
Jain University (JU) INR 9,90,000 Bangalore
MATS University INR 3,50,000 Raipur

Jobs and Placements in MBA in Marketing and Finance
After completing the MBA in Marketing and Finance, the candidate will receive various job offers. You have a huge selection of vacancies in different areas of the labour market. They can choose any path they want to take and find a job in any industry, e.g., in banking, IT industry, financial institutions, relationship consultant, business analyst etc. You can get an average starting salary between INR 2-7 LPA

Private Jobs
Students can receive numerous job offers in the private sector. Employment opportunities in the private sector are endless. The average graduate salary ranges from INR 2 to 7 LPA. Below are the positions and salaries:

Top Private Hiring Roles Salary
HDFC Bank Pvt Ltd INR 1.8 – 9.5 LPA
JP Morgan  INR 10 LPA
Genpact INR 10 LPA
Goldman Sachs INR 19 LPA

Government Jobs
Finance and Marketing MBA students have had different opportunities in different industries. Pay for the position varies and depends on experience, location, job title, industry, seniority and commitment to the position. The average salary of a graduate is between INR 2 and 7 LPA.

Top Government Hiring Roles Salary
BOI INR 5.5 LPA
BSNL INR 6 LPA
SBI INR 8.5 LPA

Abroad Jobs
There are several opportunities to work abroad for MBA graduates in international finance and marketing. The chances of working abroad are good for bachelor students. The course is structured in such a way that students receive job offers shortly after graduation.

Top International Recruiting Companies that hire MBA in Marketing and Finance graduates are:
1. JP Morgan
2. KPMG
3. Mc Kinsey and Company
4. Google
5. Nike

Job Profile Job Description Average Salary in INR
Marketing Manager A Marketing Manager is often responsible for planning and tracking the budget of their entire department, one segment, or an individual marketing campaign.  INR 11,00,000
Marketing and Sales Executive Their job is to drive sales by designing and implementing targeted marketing strategies. INR 2,90,000
Relationship Manager A Relationship Manager creates and preserves strong relationships with clients, partners, or members of their team.  INR 4,50,000
Finance Analyst A Finance Analyst helps companies and teams make the most of their finances. 9INR 4,50,000
Business Analyst They gather and analyze data to develop and investigate potential solutions including improvements to systems and processes to organizational challenges. INR 7,35,000

Scope for MBA in Marketing and Finance
Students get various MBA degrees in Finance and Marketing in India. It is very unique as it can be used in multiple roles. Students pursuing higher education can do so right after graduation. The opportunities for MBA graduates are enormous if they too want to learn.

Students can think about what to study after MBA in Finance and Marketing. There are numerous higher education opportunities open to them soon after graduation. Students have several higher education options to choose from.

MBA in Marketing and Finance: Career Prospects
Upon successful completion of an MBA in Marketing and Finance, candidates have numerous future employment opportunities at a variety of reputable or established companies. You will receive a large selection of job offers in various areas of the job market. They can choose any path they want to take and find a job in any industry, e.g. E.g. in banking, IT industry, financial institutions, relationship consultant, business analysis etc. You can get an average starting salary between INR 2-7.

1. Marketing and Finance MBA graduates with an accounting background may consider options such as CPA (Certified Public Accountant) and CMA (Certified Management Accountant) to expand their skills and knowledge.
2. Applicants can start their own business, advise or manage many types of business. They are also ready to take on leadership roles in marketing.
3. As digital marketing continues to reach new heights, MBA Marketing and Finance graduates can expand their horizons with the tools of the internet age while leveraging the knowledge they have acquired during their studies.
4. Candidates who want to advance their professional careers can continue their doctoral studies after this course. The MBA doctorate is the highest degree that can be achieved, namely the PhD in management courses.
5. Graduates of MBA Marketing and Finance can also work as a professor or associate professor at a renowned college or university by passing the NET exam.

FAQs

(1). How long does the course last?

Ans: The duration of the MBA Marketing and Finance program is 2 years

(2). Can you continue this course remotely?

Ans: Yes, you can continue this course remotely or by correspondence

(3). What skills will you learn after taking this course?

Ans: You will acquire skills such as language skills, communication skills, managerial skills, business administration skills and accounting skills.

(4). What are the admission requirements for taking this course?

Ans: Students must achieve a 50-60% score on your bachelor's degree from a recognized university.

(5). What are the average amount candidates have to pay to take this course?

Ans: Candidates will have to pay between INR 12,000 and 12,000,000 depending on which university you wish to study in.

(6). Name some famous companies one can join after completing the course?

Ans: Tata Mahindra, RBS (Royal Bank of Scotland), Biocon, HCL, J.P Morgan & Chase, Goldman Sachs, Northern Trust and many more.

(7). Name outstanding universities that offer this course?

Ans: Purnima University, Ramaiah Institute of Technology, Universal Business School, Jaipur National University School of Business & Management and Martin Luther Christian University.

(8). Indicate the entrance exams one need to pass to take this course.

Ans: Common Admission Test (CAT), Management Aptitude Test (MAT), Xavier's Aptitude Test (XAT), Common Management Admission Test (CMAT) and Graduate Management Admission Test (GMAT).

(10). How much can one earn on average after completing this degree?

Ans: One can earn 2 to 10 lakhs by joining a well-known company.

(11). For which positions can you apply?

Ans: Marketing Executive, Relationship Manager, Financial Analyst and Business Analyst are some of the positions you can apply for.

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