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Top 15 B-Schools For MBA in Finance

Dec 30, 2019 | 4 minutes |
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In today’s world, the study of finance can range from corporate finance, financial reporting, financial evaluation, financial regulation, to behavioural finance, econometrics, financial modelling, quantitative finance, investment management, investment banking and aspects of accounting. In order to be job-ready, students need to have an in-depth knowledge of accounting, possess the skill of quantitative research and be able to do analysis while keeping various finance principles and economy in mind. And who can help you with that? A B-School known for Finance. But before you make a b-school your goal, it is important to understand it’s feasibility. Not just in terms of marks or tests, but also intake (seats), fees, etc. This article brings you the list of top Indian B-schools best known for their Finance courses. Hope this list helps you narrow down your search and make an informed career decision.   

More About Finance

In India, Finance is considered one of the most sought after specializations, attracting a  big community of MBA aspirants every year. It is also one of the oldest disciplines of management courses. During the 19th century, it was a sub-course of Economics. But somewhere in the 20th century, it found its ground and became an individual subject of study. When we hear the word, ‘finance’, we mostly think of banking. But banking is just one part of finance. The finance universe involves management, investment, control & review, as well as converting resources as capital required for industrial building and working.  

Top Finance B-Schools In India

Institute Total Seats Fees (In Lacs) Avg Salary (LPA) Exams Cut-Off (%tile)
IIM Calcutta 462 27 25.40 CAT 99
IIM Bangalore 418 21 24.54 CAT 99
IIM Ahmedabad 358 23  24.44 CAT 99
FMS Delhi 220 1.91 23.20 CAT 97+
ISB Hyderabad 600 34 22.14 GRE, GMAT 680
IIM Lucknow 436 14.16 - CAT 97+
XLRI Jamshedpur 360 23  22.35 XAT 96
JBIMS Mumbai 120 6 18.91 CAT, CMAT, MAH (CET) 98+
SPJIMR Mumbai 275 (Includes International Students) 16 22.90 CAT, XAT, GMAT 85+,87, 650
IIM Indore  550 16 20.79 CAT 97+
DFS DU - Financial Management 46 25,000 12.05 CAT 97+
MDI Gurgaon  335 21.34 20.13 CAT 95+
IIM Kozhikode 353 17.50 17.50 CAT 97
IIFT 440 16.70 20.07 IIFT Exam 120, 90
NMIMS Mumbai  540 18.50 17.60 NMAT 94
SIBM Pune 180 20.35 17.48 SNAP 97
*The list simply lists out top colleges for Finance. It is not meant to rank one college over others.  *All the numbers are as of 2018 and 2019.  *The fees structure and admission is for general category.  

Which Institute Is Best For You?

The answer lies in your requirements - 
  1. If you are someone who has scored exceptionally well in entrance tests and wants to go to the best colleges that the country has to offer, then IIM C, B, A and FMS fit your vibe.
  2. If you are someone who is looking for a return on investment (ROI), then business schools like FMS, DFS DU, JBIMS etc. will be the ideal choice for you. 
  3. If you are someone who has not scored well at CAT but are confident about your performance in XAT, NMAT and SNAP, then XLRI, SIBM, NMIMS could be your b-school.
  4. For some, the region is a very important factor in choosing a business school. E.g, if you are from Mumbai, you may prefer a business school in close proximity to your home city.
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