MBA Finance Admission 2024: Eligibility, Salary, Syllabus

GaganDeep

Senior Content Specialist | Updated On - Apr 23, 2024

The MBA-Finance is a 2 years length of time full-time postgraduate management program to provide student with an elevated level of knowledge and skills in the field of finance. The curriculum offers a solid base in distinguishing once in a core management disciplines like accounting, economics, marketing, operations, statistics, and business strategy. Students choose finance subjects as an academic specialization, where they learn about the corporate finance, investment banking, financial markets, security analysis, portfolio management, derivatives, risk management, international finance and fintech.

The program will include 8 terms, a total of 4 term of which each one term will contain 2 semesters. Students have core courses as a requirement in the first year while the majority of electives and other specialization course are in their second year. The pedagogy is based on the application of both theory and practice. It includes case studies, projects, simulations, and a real-life exposure through internships to banks, NBFCs, brokerage firms, equity research firms and other financial services companies. Top MBA colleges provide the opportunity for first-hand experience in the stock market as many have agreements with leading stock exchanges, NSE, and BSE. 

MBA Finance Highlights 2024

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MBA Finance Admission Process

1. Apply for the management entrance exams such as CAT/GMAT/XAT depending upon the colleges which you would like to get a chance to study at. On the contrary, target relatively high scores for better odds of an admission.

2. Research finance MBA programs offered at business schools and list down colleges according to factors such as rankings, fees, location etc. The schools to be reached and safety schools should be known.  

3. Prepare each of the needed documents - transcripts, work letters, SOP, LORs, resume, and admission form for each shortlisted college.

4. Bear in mind the application deadline for colleges where you mention finance as your chosen field. Inquire about application window.

5. You may be asked for a group discussion, for some personal interactions conducted by colleges. Shine as the entity that is most compelling in order to get the letter from the admission committee.  

6. Tally admission offers from different colleges based on the fees, placements, faculty, location etc. and accept your best match choice.     

7. Book tuition fee and lodging and get acceptance by uploading the required documents and money on time.

Master of Business Administration [MBA] (Finance) Eligibility

1. An LLB Degree in relative subject from a reputed college with greater than 50% aggregate marks. Some colleges even at the minimum may require mathematics at the Higher Secondary level. In some cases, the student may go to school and college accepting that it is necessary to take mathematics at the undergraduate level.

2. If the student has a good score in online exams like CAT/MAT/XAT or GMAT as qualifier exam for giving the best B-schools entrance. 

3. Knowledge and experience gained during 1-5 years or so in other cases especially for executive MBA students will be an added advantage. What is more, a number of schools accept students just after their graduation. Not always relevant work experience is the preferred qualification by the top colleges. 

4. Verbal communication skills, leadership qualities, critical thinking skills, and basic computer knowledge are among the qualifications considered during the admission process. These are earned through tasks such as essays, group discussions, and personal interviews.

5. The purpose statement that is to detail one's background and reveal the reasons to enroll into an MBA course and the career goals is the crucial part in building an application together with strong letters of recommendations. 

6. Affordability of the fee of the period of full-time 2 year course or even the lectures delivered as distance learning programs for the working professionals who aspire for a higher degree while working.

MBA Finance Entrance Exams

CAT (Common Admission Test): CAT scores are utilized for the assessment of candidates' numeracy, verbal and deductive reasoning in order to choose candidates for admission to MBA programs, which include those specializing in Finance.

GMAT (Graduate Management Admission Test): GMAT does both the verification of applicants’ analytical writing, quantitative, verbal, and integrated reasoning skills for MBA admissions.

XAT (Xavier Aptitude Test): XAT evaluates ability of candidates in the areas of verbal ability, quantitative aptitude, decision making and general knowledge in the area of MBA admission.

CMAT (Common Management Admission Test): CMAT measure the applicant’s quantitative skills, ability to reason, comprehension of language, and general awareness for MBA admissions.

MAT (Management Aptitude Test): MAT assesses a candidate’s reading comprehension, math, statistics, and analytic skills in the pursuit of an MBA degree.

MBA Finance Syllabus

Featured College

Christ University

Bangalore, Karnataka

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Amity University

Noida, Uttar Pradesh

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Lovely Professional University

Jalandhar, Punjab

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Vellore Institute of Technology

Vellore, Tamil Nadu

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IIM Bangalore

Bangalore, Karnataka

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Indira Gandhi National Open University

New Delhi, Delhi NCR

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DIT University

Dehradun, Uttarakhand

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MBA Finance Course Placements

MBA Finance Course Jobs and Salary

The Master of Business Administration (MBA) in Finance is a highly sought-after postgraduate degree that opens doors to a multitude of exciting career opportunities.