2 Years
Post Graduate
Management
Admission to MBA Finance programs in India for the year 2023 follows a competitive process that involves various entrance exams. These exams are conducted at the national, state, or university level. To secure a seat in a top MBA college in India, candidates typically need to appear for management entrance exams like CAT, GMAT, or GRE.
For the MBA Finance admission process, candidates are required to take one of these entrance exams, which include CAT, XAT, SNAP, and GMAT, among others. CAT, a nationally recognized entrance exam, is widely accepted by MBA programs across all B-Schools in India. CAT, for instance, was conducted by IIM Bangalore.
MBA Finance is a postgraduate program spanning two years. Aspirants should hold a bachelor's degree with a minimum of 50% marks and must qualify in the relevant entrance examination to be eligible to pursue an MBA in Finance. Selection processes typically involve shortlisting candidates based on their entrance exam scores, followed by Group Discussions and Personal Interviews.
The average fees for pursuing MBA Finance from top MBA colleges in India can range from INR 5 lakhs to INR 24 lakhs, depending on the institution and its reputation.
Here is a detailed schedule of MBA Finance admission deadlines and registration dates for MBA entrance exams. The table below includes the last dates for MBA Entrance Exams, along with the entrance exam syllabus and prerequisites discussed in the sections later.
The MBA Finance admission entrance exams include:
CAT (Common Admission Test)
SNAP (Symbiosis National Aptitude Test)
IBSAT (IBS Aptitude Test)
NMAT (NMIMS Management Aptitude Test)
XAT (Xavier Aptitude Test)
The MBA in Finance admission process is based on the scores of the entrance exam conducted at the National, State, or University level, followed by a GD/PI round. Candidates must appear for any national or university entrance exam to be eligible for MBA Finance admission. After qualifying for the entrance exam, candidates are required to participate in the counseling process for admission into MBA Finance.
Candidates seeking admission to MBA Finance must meet the minimum eligibility requirements given below:
a. Candidates must have a bachelor’s degree in any discipline from a recognized university.
b. Candidates must have scored a minimum of 50% marks or an equivalent CGPA from a recognized university.
c. There are various entrance exams such as CAT, MAT, XAT, GMAT, SNAP, etc. Candidates must qualify for any one university or national-level entrance examination to be eligible for admission to the MBA in Finance.
d. In several universities, candidates have to go through a GD/PI round to complete the MBA in Finance Admission process.
1. Check the Eligibility Criteria for MBA Finance Admission: Candidates should have completed their undergraduate degree from a recognized board with a minimum of 50% aggregate marks.
2. Check all the Prerequisites for MBA Finance Entrance Examinations: Most MBA Finance colleges offer admission based on an entrance exam.
3. Cut-off List and Counseling: Colleges that are offering merit-based admission will release the cutoff marks for the students based on merit. Colleges that are offering entrance exam-based admission will consider the entrance exam score for cut-off.
4. Final Selection: After a successful counseling session, students will get final admission.
5. Accept Admission Offers and Pay Fee: The candidate can finalize admission to the seat by paying the admission fee.
The following mentioned points will help candidates crack the entrance exam and make it to the MBA Finance course:
Get to know the basics: Having knowledge of the basics will help candidates lay a strong foundation for the subjects that they are applying for.
Exam Syllabus: Candidates must be very well aware of the syllabus. MBA Finance has a vast range of subjects like Financial Planning, Cost of Capital, Macroeconomics, Microeconomics, Financial Management, etc.
Reference Books and Mock Papers: Candidates are required to buy reference books to have a strong idea of the subjects and should also solve Mock Papers.
Start Early: Candidates who start early are able to cover more topics as compared to those who start later.
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