Lloyd Busines School logo

MBA finance: Govt. Colleges, Admission Process, Subjects, Eligibility

Home | MBA finance: Govt. Colleges, Admission Process, Subjects, Eligibility

MBA finance

26, October 2021

Why MBA in finance?

Finance is the core element of all working businesses. Whether you’re a business owner, employee, or an individual just starting, the study of finance and its efficient management will only add value to your stack of knowledge, and help you establish a more stable, rewarding, financially sound career. Financial Management deals with planning finance, asset management, fundraising, and making decisions that enhance the value and longevity of the business. A Financial Manager is a professional who is adept in activities like budget analysis, taxation, internal trade, auditing, inflation rates, portfolio management, and much more.

This specialization is for students who have a way with numbers and good analysis and reasoning skills. The finance department is one of the most important departments in any company. Finding a job that requires the administration of finance would be a great career move. It comes with a high salary and many finance professionals gain the right amount of experience to start their own consulting and advisory businesses, thus providing students with an entrepreneurial advantage as well.

Top 15 Government Colleges For MBA Finance In India And Their Fees

S.no. Name Of The College Average Annual Fees In Rs.
1 University School Of Management Studies, GGSIPU— Guru Gobind Singh Indraprastha University, New Delhi 86K
2 Indian Institute Of Management (All) 10-23 Lakhs
3 Sydenham Institute Of Management Studies, Research And Entrepreneurship Education 1.53 Lakhs
4 BabasahebBhimraoAmbedkar University, Lucknow 1.8 Lakhs
5 Utkal University, Bhubaneshwar 1 Lakh
6 Gujarat National Law University, Gandhinagar 3.46 Lakhs
Punjab University, Patiala 1.18 Lakhs
8 Department Of Financial Studies, University Of Delhi 26K
9 Bharathidasan University, Tiruchirappalli 77k
10 IMS, Devi Ahilya University, Indore 1.27 Lakhs
11 MohanlalSukhadia University, Udaipur 1.5 Lakhs
12 Aligarh Muslim University 5.87 Lakhs
13 Annamalai University, Tamil Nadu 1.16 Lakhs
14 Guru Nanak Dev University, Amritsar 3.15 Lakhs
15 Haryana School Of Business, Hisar 1.21 Lakhs

Top 15 Private Colleges For MBA Finance In India And Their Fees

S.no. Name Of The College Average Annual Fees In Rs.
1 Lloyd Business School, Greater Noida 2.6 Lakhs
2 Christ University Bangalore 7.6 Lakhs
3 School Of Management, DY Patil University Mumbai 8.4 Lakhs
4 KJ Somaiya Institute Of Management Mumbai 2.87 Lakhs
5 MIT School Of Management Pune 7.5 Lakhs
6 GITAM Institute Of Management Visakhapatnam 7.2 Lakhs
7 Symbiosis Institute Of Business Management Bengaluru 14.6 Lakhs
8 Prestige Institute Of Management And Research Indore 2.36 Lakhs
9 Sharda University Greater Noida 5.43 Lakhs
10 Jindal Global Business School Sonipat 4 Lakhs
11 Chitkara Business School Patiala 6 Lakhs
12 Management Development Institute Gurgaon 4.34 Lakhs
13 Delhi Institute Of Advanced Studies 3.16 Lakhs
14 Presidency University Bangalore 6 Lakhs
15 Mittal School Of Business LPU Phagwara 7.6 Lakhs

    Similar Course Specializations

  • Financial Services
  • Financial Management
  • Finance
  • Banking And Finance
  • Accounting And Financial Analysis
  • Accounting And Taxation
  • Accountancy

Admission Process For MBA Finance

The admission process for MBA courses in any specialization in India consists of several common as well as mandatory steps that facilitate a smooth admission of students to this program. Following are the steps listed below:

1. Applying For Entrance Exam

Students interested to pursue MBA are required to attempt the entrance exam accepted by their university. There is a wide range of MBA entrance exams on the national, state as well as university levels. Online registration must be done and students should check for the notification released on the website of the conducting authority.

2. Downloading Admit Card

After the online registration is done students must fill the form duly and wait for the admit card to be released. All necessary documents are to be uploaded in the application form and students must also ensure that all details filled are error-free.

3. Appearing For Entrance Exam

Students are supposed to show up at their allotted exam centre during the given time and attempt the CBT timely. All exam related guidelines must be followed to avoid any last-minute hassle.

4. Online Registration On College Website

Individual registration on the college website should be done. Students should apply to more than one college and submit the application fee to proceed further with the admission procedure.

5. Filling Of The Application Form

The application form is released soon after the registration is done. Students are required to fill the online application form correctly and enter their exam scores.

6. Group Discussion And Personal Interview

If the students fall under the qualifying range as per the cut off list released by the college, then they must show up for the personal interview round, GD, WAT, or any selection test arranged by the respective university.

7. Provisional Merit List

Students can check their names in the provisional merit list released by particular universities to ensure whether they’ve been selected for admission or not. Students up to a certain rank are allotted seats as per the number of availability and reserved quota. Similarly, 3-4 merit lists are released by the colleges before the admission is locked.

8. Payment Of 1st semester Fees— Partly Or Wholly

If a student finds his/her name in the merit list, then contact with the admission cell must be made and the student should appear for the counselling process if applicable. Following this, part payment of the 1st-semester tuition fees must be done in the required mode, whether online or through a demand draft.

9. Admission Confirmation

The student's admission to the desired course in the university is confirmed upon the receipt of the selection letter and payment of fees. The student must wait for the semester to start as per the academic year.

Eligibility Criteria For MBA Finance In India

  • 1. Applicants must have completed their graduation and obtained a bachelor's degree after completion of their 12th standard from a recognised university in any stream and secured a minimum of 40-50 % in their final grade point.
  • 2. Applicants must have appeared for any of the management entrance exams like CAT, XAT, CMAT, GMAT, SNAP, NMAT or any other accepted by their preferred university.
  • 3. Applicants must have cleared the group discussion/ personal interview/ selection tests as conducted by the university they choose.
  • 4. While there is no age bar for an MBA in most colleges, it is always advisable to confirm this from the respective university.

Subjects Taught Under MBA Finance— Semester Wise Break Up

    Semester 1

  • OrganisationalBehaviour
  • Managerial Economics
  • Business Statistics
  • Business Environment
  • Corporate Finance
  • Management Principles
  • Business Economics
  • Semester 2

  • Human Resource Management
  • Marketing Management
  • Business Research Methodology
  • Indian Financial System
  • Financial Services
  • Corporate Governance
  • Business Communication
  • Semester 3

  • Strategic Management
  • Security Analysis
  • Risk Management
  • Foreign Exchange Management
  • Corporate Taxation
  • Financial Reporting
  • Personal Finance
  • Management Control System
  • Treasury Management
  • Semester 4

  • Portfolio Management
  • Financial Derivatives
  • International Financial Management
  • Behavioural Finance
  • Public Finance
  • Working Capital Management
  • Financial Economics
  • Funds Management
  • Principles Of Insurance

MBA in Finance is a 2-year postgraduate specialisation that has been very popular in recent times, and as time passes, the requirement for more and more skilled finance professionals in high-end companies and high-ticket clients and founders rises. This need is rightfully leveraged by young students who are aiming to set foot in the finance industry, as this course offers them a whole package of opportunities bundled meticulously in a rich two-year curriculum! If you’re a student looking to establish an exemplary career in the field of finance, let this article be your guide to understand all that you need to know about MBA in Finance in 2021.