Part Time MBA in 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 Part Time
Written By universitykart team | Last Updated date Oct, 09, 2024

Part-Time MBA in Finance Courses, Eligibility, Top Colleges, Syllabus, Admission Process, Fees, Exams, Jobs

They can achieve their goal of becoming an MBA professional through a Part-Time MBA in Finance program. The Part-Time MBA in Finance program is now offered by a wide variety of MBA institutes in India. Top Indian universities like MDI, IMT, Symbiosis, and NMIMS all offer excellent Part-Time Master of Business Administration (MBA) programs. In addition, the Part-Time MBA in Finance offered by IIMs has helped popularize the idea of taking such courses. Full-time Master of Business Administration (MBA) in Finance and Postgraduate Diploma in Management (PGDM) in Finance programs are offered by several of India's top management schools, but not everyone has access to them.

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. For management roles in corporate finance, investment management, and other branches of banking and finance, this curriculum provides the ideal preparation.

The curriculum for the Part-Time MBA in Finance examines a range of core issues in banking, corporate assessments, accounting, and financial analysis. The Open and Distance MBA in Finance has courses that are heavily focused on basic analytics, including financial and management accounting, statistical analysis, and corporate finance, laying the groundwork for graduates to excel in the field of international finance.

The Full-Time MBA in Finance course schedule and content are comparable to the Part-Time MBA in Finance. Because part-time MBA programs take place on evenings and weekends and after typical business hours, they are more flexible than a Full-Time MBA. Part-Time MBA in Finance programs are great for those looking to advance their careers or those who are already employed. They form partnerships and might interact directly with other professionals.

The demand for students with Part Time MBAs in Finance degree is constant. After earning Part-Time MBA in Finance, opportunities in marketing, finance, operations, financial organization, and other fields are available.

Course Highlights: - Part-Time MBA in Finance

Check all the important details about the Part-Time MBA in Finance from the table given below:

Particular Value
Course Name Part-Time MBA in Finance
Course Level Postgraduate
Course Duration 2 Years to 3 Years
Eligibility Criteria Graduation in any discipline with a minimum of 50%
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 1,00,000-10,00,000
Average Annual Salary INR 6,00,000-15,00,000
Top recruiters ICICI Bank, HDFC Bank, Axis Bank, Amazon, TATA Consultancy Goldman Sachs, J.P. Morgan, Citibank, Deloitte, KPMG, Ernst & Young
Job Profiles Financial Analyst, Investment Banker, Portfolio Manager, Risk Manager

Why study Part-Time MBA in Finance Course?

A Part-Time MBA in Finance program is the best choice for those who wish to keep working while earning their degree. The two best things about doing a part-time MBA are the freedom to attend Part-Time MBA in Finance programs whenever it suits you and the absence of time commitments. Like any other degree, Part-Time MBA in Finance has advantages and downsides. 

(i). You can often focus on improving your leadership skills without leaving your job by studying for Part-Time MBA in Finance with placement.

(ii). The career development that working professionals who enroll in the top part-time MBA programs receive after completing the courses is more directly related to their job. The finest business schools like IIMs, FMS, IIFT, and Delhi University are just a few of the organizations that provide Part-Time MBA in Finance programs.

(2). Admission Process for the Part-Time MBA in Finance Course

An application for a part-time MBA is quite similar to one for a Full-Time MBA. The procedure and the prerequisites are both the same. Several procedures are used to provide admission to part-time MBA programs. Admission to Part-Time MBA institutions is often determined by both entrance and merit exams.

Types of Part-Time MBA in Finance Courses

Here are some of the common types of Part-Time MBA in Finance courses offered by different institutes and universities:

(i). Part-Time MBA with a Finance Specialization: This program Part-Time MBA with a Finance Specialization takes place on evenings and weekends and after typical business hours, they are more flexible than a full-time MBA.

(ii). Executive MBA (EMBA): These programs are created for individuals in the workforce who have significant managerial experience. These programs are designed to satisfy the demands of executives looking for advanced financial knowledge and skills and often provide a specialization in finance.

(iii). Weekend MBA in Finance: Programs for working professionals who can attend classes on the weekends while maintaining a full-time job are called weekend MBAs. These courses enable professionals to expand their financial knowledge without interfering with their workday because they frequently offer a concentration in finance.

Part-Time MBA in Finance Eligibility Criteria

The eligibility requirements for the Part-Time MBA in Finance are less strict than those for the standard MBA. The objective of this program is to identify applicants who are employed, professionals.

 (i). A minimum of 50% in any of the following degrees B.A., B.Com., B.BA., B.Tech., or B.Sc or an equivalent grade point average (CGPA) must have been earned in the applicant's field of study at an accredited university.

(ii). An average of between three and five years of job experience is required of applicants.

(iii). Only a few institutions that offer part-time MBA degrees include an age restriction. Some institutions specify that the applicant's age should be between 27 and 50 years old.

Part-Time MBA in Finance Course Admission Process

The majority of MBA schools/colleges in India favor applicants who have passed admission tests. Students must take the entrance exam and pass the cutoff to get admitted to the best Part-Time MBA in Finance in India.

(i). Students must submit an online application to the institute, which is available on the website of the institution.

(ii). Students must take the entrance exam and achieve the necessary cutoff after completing the enrolment form and completing the application cost.

(iii). The university admissions office will receive applications from candidates who pass the entrance exam.

(iv). The university evaluates a pool of submissions and determines whether the applicants' entrance test scores satisfy their requirements.

(v). Candidates who receive the required scores are contacted for individual and group interviews.

(vi). Admission is granted if all of the required paperwork is in order and the test results are accurate. Entry tests for Part-Time MBA in Finance.

Part-Time MBA in Finance Accepted Entrance Exams

Below is a list of some of the entrance exams for pursuing a Part-Time MBA in Finance

CAT MAH-CET
MAT KMAT
XAT WB JEMAT
CMAT AP ICET
GMAT TS ICET
IIFT BMU-MAT
SNAP RMAT
NMAT IBSAT

Skills Required for Part-Time MBA in Finance

After getting their degrees, many people look for Part-Time MBAs in Finance jobs. This is because people expect someone with an MBA to work as a boss in many different kinds of businesses. A good manager can do well in several different jobs and responsibilities. A boss not only knows how to talk to people well but also needs skills in how to inspire and lead them. Here are some of the skills required for a Part-Time MBA in Finance:      

Financial Analysis Leadership
Accounting Decision-Making
Investment Management Critical Thinking
Risk Management Problem-Solving
Financial Planning Communication
Corporate Finance Analytical Skills
Financial Reporting Teamwork
Economic Analysis Time Management

Part-Time MBA in Finance Fee Structure

The Part-Time MBA in Finance costs consider those components like location, faculty, demand, infrastructure, and the resources to which students may also have access all important factors. In India, the average cost of a Part-Time MBA in Finance:

Name of College Average Annual Fee(INR)
XLRI Xavier School of Management, Jharkhand INR 14,00,000
NMIMS School of Business Management, Mumbai INR 16,00,000
IIM Raipur - Indian Institute of Management, Raipur INR 8,00,000
Management Development Institute, Gurgaon INR 10,00,000
K J Somaiya Institute of Management, Mumbai INR 4,00,000
Birla Institute of Management Technology, Greater Noida NA
UPES, Dehradun INR 5,00,000
IIM Nagpur - Indian Institute of Management, Nagpur INR 15,00,000
Prin. L. N. Welingkar Institute of Management Development and Research, Mumbai NA
Manipal University, Jaipur INR 1,50,000
AIMS - Atharva Institute of Management Studies, Jaipur INR 1,80,000
Prestige Institute of Management and Research, Indore INR 80,50,000
Guwahati University – GU, Guwahati INR 16,95,000
Delhi University (DU), Delhi INR 12,00,000
Symbiosis Centre for Management & Human Resource Development, Pune INR 6,00,000
MEASI Institute of Management, Chennai INR 90,40,000

Selection Criteria for a Part-Time MBA in Finance

The selection process for a Part-Time MBA in Finance 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, work experience, and personal qualities to ensure a good fit for the school. 

(3). Course Comparison

Part-Time MBA in Finance v/s Part-Time MBA in Financial Markets

Parameter Part-Time MBA in Finance Part-Time MBA in Financial Markets
Course Name Part-Time MBA in Finance Part-Time MBA in Financial Markets
Course Overview 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. The main objective of a Part-Time MBA in Financial Markets is to impart thorough knowledge and abilities linked to the fast-paced world of financial markets. Students who complete this course will have a better understanding of different financial instruments, investment methods, risk-management measures, and regulatory frameworks.
Duration 2-3 years 2-3 years
Eligibility Bachelor's degree Bachelor's degree
Entrance Exams CAT, MAT, XAT, CMAT, GMAT CAT, MAT, XAT, CMAT, GMAT
Average Annual Fees INR 1,00,000 – INR 10 ,00,000 INR 2,50,000 - INR 10,00,000
Top Colleges Indian School of Business (ISB), Faculty of Management Studies (FMS), XLRI Jamshedpur National Institute of Securities Markets (NISM), BSE Institute Limited, Narsee Monjee Institute of Management Studies (NMIMS)

(4). Top Part-Time MBA in Finance Colleges

Some of the best schools that offer the Part-Time MBA in Finance course and other information are listed below:

Name of College Location
XLRI Xavier School of Management Jamshedpur, Jharkhand
NMIMS School of Business Management Mumbai
IIM Raipur - Indian Institute of Management Raipur
Management Development Institute Gurgaon
K J Somaiya Institute of Management Mumbai
Birla Institute of Management Technology Greater Noida
USES Dehradun
IIM Nagpur - Indian Institute of Management Nagpur
Prin. L. N. Welingkar Institute of Management Development and Research Mumbai
Manipal University, Jaipur Jaipur
AIMS - Atharva Institute of Management Studies Mumbai
Prestige Institute of Management and Research Indore
Guwahati University - GU Guwahati
Delhi University (DU) Delhi
Symbiosis Centre for Management & Human Resource Development Pune
MEASI Institute of Management Chennai

Top Part-Time MBA in Finance Government & Private Colleges

The following is a list of public and private universities that Part-Time MBA in Finance and provide programs in Marketing:

Type of College Name of College
Private Symbiosis Centre for Management & Human Resource Development
Xavier School of Management (XLRI)
Indian School of Business (ISB)
Management Development Institute (MDI)
Government IGNOU - Indira Gandhi National Open University
University of Mumbai [MU]
Guwahati University - GU
Indian Institute of Management (IIM)

(5). Job & Placements for a Part-Time MBA in Finance

After completing a Part-Time MBA in Finance, professionals can get numerous opportunities in the public and private sectors. Here are some of them listed below:

Job Profiles after a Part-Time MBA in Finance

Following are some of the job profiles available after a Part-Time MBA in Finance:

Job Profile Job Description
Investment Banking Investment banking is a popular job route. You can only get the necessary skill set and business acumen with a Part-Time MBA in Finance. Investment bankers work in mergers and acquisitions, corporate restructuring, trading, capital raising through the issuance of securities, and strategic consulting for large organizations.
Private Equity Private equity is another profession that demands strong business skills and a passion for investing. Private equity firms buy privately held businesses to boost their value over time so that they can eventually be sold for a substantial profit. A few crucial talents are financial modeling, commercial acumen, and knowledge of particular industries.
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. 
Corporate finance Corporate finance is all about making the best use possible of a company's financial resources. It can involve judgments about dividend payouts, raising capital, managing financial resources, capital structuring, and making important investment decisions.
Relationship Coordinator Relationship managers are experts who build and maintain solid relationships with clients inside and outside the firm. They also go by the title "Client Relationship Manager
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.
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
Finance Manager 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.
Bank Manager Bank Manager A bank manager is in charge of overseeing all aspects of the business, including personnel management, administration, security, and compliance, as well as other sales activity.

Top Recruiters for a Part-Time MBA in Finance

The table below contains some of the top recruiters that Part-Time MBA in Finance graduates, as follows:

Deloitte India ICICI Bank
Ernst & Young (EY) HDFC Bank
KPMG India Kotak Mahindra Bank
Accenture State Bank of India (SBI)
Goldman Sachs Bajaj Finance
Morgan Stanley IndusInd Bank
Citibank Tata Capital
HSBC Axis Bank
JP Morgan Reliance Capital

Average Salary for a Part-Time MBA in Finance

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 a Part-Time MBA in Finance 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 a Part-Time MBA in Finance typically earns between INR 6, 00,000 and INR 15, 00,000 per year

Job Role Average Annual Fee(INR)
Financial Analyst 2,00,000 - 6,00,000
Investment Banker 3,00,000 - 8,00,000
Risk Manager 2,50,000 - 6,50,000
Financial Consultant 2,50,000 - 7,00,000
Corporate Treasurer 2,50,000 - 6,50,000
Portfolio Manager 3,00,000 - 7,00,000
Equity Research Analyst 2,50,000 - 6,50,000
Credit Analyst 2,00,000 - 5,50,000
(6). Career/Scope after Part-Time MBA in Finance

Despite being the newest addition to the business school curriculum, many working professionals now prefer a Part-Time MBA with a Finance Specialization program. A Part-Time MBA in Finance focuses more on developing managerial abilities than on finding new jobs. This is because you are not required to abandon your employment, unlike a full-time MBA. After finishing this course, you are more likely to get Part-Time MBA in Finance opportunities and experience professional progression at your current organization. Many MBA Colleges do not organize part-time MBA programs, and little placement help is provided. They are today, however, regarded as fairly standard for professional development.

Career Options after Part-Time MBA in Finance

The demand for students with Part-Time MBA in Finance degrees is constant. After earning a part-time MBA, opportunities in Financial Analyst, Investment Banker, Portfolio Manager, Risk Manager other fields are available. Examine the following list of positions available to Part-Time MBA in Finance graduates: Here are some potential career options for individuals with a part-time MBA specializing in finance:

1. Financial Analyst.

2. Investment Banker.

3. Portfolio Manager.

4. Risk Manager.

5. Financial Consultant.

6. Corporate Finance Manager.

7. Wealth Manager.

8. Asset Manager.

9. Credit Analyst.

10. Financial Planner.

Scope for Higher Education in a Part-Time MBA in Finance

Numerous benefits and prospects for higher education can be found with a Part-Time MBA in Finance in finance. Here are a few potential advantages of pursuing a part-time MBA in Finance and the related opportunities, while the precise benefits may vary based on individual circumstances and market conditions:

1.    Career Advancement: This course may help you progress your career inside your present company or in other finance-related positions.

2.    CA.

3.    PhDs.

Skills that make you the Best in a Part-Time MBA in Finance

Many abilities are needed to succeed as a Part-Time MBA in Finance 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.

 1. Financial Planning

2. Corporate Finance

3. Financial Reporting

4. Economic AnalysisLeadership

5. Decision-Making

6. Critical Thinking

7. Problem-Solving

8. Communication

9. Analytical Skills

10. Teamwork

11. Time Management

(7). FAQs for  a Part-Time MBA in Finance

(1). What is a Part-Time MBA in Finance?
Ans. 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.

(2). What is the average fee structure for a Part-Time MBA in Finance?
Ans. The average Part-Time MBA in Finance fees charged by colleges or universities in India lie anywhere between INR 1,00,000-10,00,000 per year.

(3). What is the expected salary for a Part-Time MBA in Finance?
Ans. The expected salary for a Part-Time MBA in Finance for a graduate is around INR 6,00,000-15,00,000 per annum.

(4). What are the eligibility criteria for admission to a Part-Time MBA in Finance?
Ans. The eligibility standard for Part-Time MBA in Finance is that applicants have to have finished graduation with 50%.

(5). What is the admission process for Part-Time MBA in Finance?
Ans. The admission process for Part-Time MBA in Finance is both merit-based and entrance based.

(6). What is the duration of a Part-Time MBA in Finance?
Ans. Part-Time MBA in Finance is from two to three years course segregated into four 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 a Part-Time MBA in Finance.

(8). What are some of the best colleges for this course program?
Ans. The best Colleges for Part-Time MBA in Finance programs are the Indian School of Business (ISB), Faculty of Management Studies (FMS), and XLRI Jamshedpur.

(9). What are some of the most popular job profiles for a Part-Time MBA in Finance?
Ans. Financial Analyst, Investment Banker, Portfolio Manager, and Risk Manager are some of the most popular job profiles for a Part-Time MBA in Finance.

(10). After completing a part-time MBA in finance, will I be placed?
Ans. Because the majority of candidates are working professionals and the majority of Part Time MBAs are sponsored by firms to the employees, the majority of corporations do not give placements for Part Time MBAs in Finance. 

(11). How do a part-time MBA in finance and a full-time MBA in finance differ from one another?

Ans. Time commitment and scheduling flexibility are the key differences between a part-time MBA in finance and a full-time MBA in finance. Students who enroll in part-time programs can continue to work while completing their education, frequently attending classes in the evenings or on weekends. While full-time programs often demand students to devote themselves to their studies full-time, they also offer less flexibility for working professionals and a quicker finish time.


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