Best MBA Finance Colleges in India: Rankings, Fees, Eligibility & Career Opportunities

Overview: Are you looking for the best MBA finance Colleges in India? If yes, then this blog is for you. We have listed the top MBA finance institutes here with their complete details!

The world of finance is a dynamic and ever-evolving landscape, and for aspiring leaders looking to make their mark, an MBA in Finance is often the golden key.

With its burgeoning economy and expanding financial sector, India offers a fertile ground for finance professionals. 

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However, choosing the right institution is the first crucial step on this journey. This comprehensive guide will walk you through the best MBA finance colleges in India, helping you decide on a thriving career.

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List of Top 9 Best MBA Finance Colleges in India 2025

1. IIM Ahmedabad 

The Indian Institute of Management, Ahmedabad (IIM A), established in 1961, offers a Post Graduate Programme in Management (PGPM) with an annual fee of 23 lakhs.

It accepts CAT, GRE, and GMAT scores for admission. With 385 seats available, the average placement salary for graduates is 25.83 LPA, and in 2019, the highest salary for the Finance specialisation reached 70 lakhs. 

Notable alumni include Raghuram Rajan and Chetan Bhagat. Prominent companies that recruit from IIM A include McKinsey, HSBC, Goldman Sachs, and Accenture.

2. Indian Institute of Management, Calcutta (IIM C)

IIM Calcutta (IIM C), established in 1961, is a prestigious public business school and one of only two triple-accredited institutions in India. 

It offers a Postgraduate Program in Management (PGPM) for a fee of 27 lakhs. The average placement salary is 25.33 LPA, and there are 462 seats. Notable alumni include Indra Nooyi and Ramchandra Guha.

The school attracts top recruiters like BCG, McKinsey, Amazon, and ICICI Bank. In 2019, it was recognised as the leading finance campus in India, achieving a significant increase in job offers in that sector.

3. Indian Institute of Management, Bangalore (IIM B)

IIM Bangalore (IIM B) is a top public business school established in 1973, recognised as the best management school in the NIRF ranking 2019. It offers a PGPM course for which admission is based on the CAT exam. 

• Course Fees: The course fee is 21 lakhs, and the average placement package is 24.54 LPA. There are 412 seats available. 
• Notable alumni: Sameer Suneja, Ravi Subramanian, and Aswath Damodaran. Major recruiters in finance include Goldman Sachs, Citibank, JP Morgan, and Adani Group..

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4. Jamnalal Bajaj Institute of Management Studies (JBIMS)

JBIMS, established in 1995, offers a Master of Management Studies (MMS) program with an intake of 120 seats. It accepts entrance exams like MAH-CET, CAT, CMAT, MAT, and ATMA, with a total fee of 6 lakhs. 

The average placement package is 20.13 LPA. Known as the "CEO factory," JBIMS has produced notable alumni such as Chanda Kochar, Ajay Piramal, and Uday Kotak. 

Specialisations offered include Finance, Communications, Operations, Applications, and HR. The institute attracts top recruiters like J.P. Morgan, Goldman Sachs, and Hindustan Unilever.

5. Xavier’s Labour Research Institute, Jamshedpur (XLRI)

XLRI, established in 1949 and approved by AICTE, offers a PGDM course with specialisations in Business Management, HR, and General Management. 

The program accepts XAT and GMAT scores, and the total fees are 16.8 lakhs. It has an average placement of 24.3 LPA and 180 seats. 

Notable alumni include Naveen Jain and Leena Nair, while recruiters range from major firms like JP Morgan Chase, TATA Hitachi, and Amazon to Infosys and KPMG. The NBA, AMBA, and AACSB accredit the institution.

6. Faculty Management Studies(FMS), Delhi

FMS is a prestigious B-School in India, renowned for its excellent return on investment (ROI) since its establishment in 1954. 

It offers an MBA program accepting CAT scores, with a total of 288 seats and a fee of 1.92 lakh. The average placement salary for graduates is 25.6 LPA.

 Notable alumni include Raghav Bahl, Harit Nagpal, and Niren Chaudhary. The school boasts a strong list of recruiters, including top companies like Microsoft, Amazon, Shell, and TCS.

7. S. P. Jain Institute of Management and Research, Mumbai (SPJIMR Mumbai)

SPJIMR is a prestigious autonomous business school established in 1981, offering a PGDM program with a fee of 17.5 lakhs. 

It accepts CAT, GMAT, and XAT scores for admission and has an average placement package of 26.36 LPA. There are 240 seats available. 

The school provides specialisations in Supply Chain Management, Operations, Marketing, Information Management, and Finance, attracting a diverse student profile. 

Notable alumni include Pradeep Kar and Sunil Lulla. Some of the top recruiters at SPJIMR include Bank of America, Cisco, and BYJU’S.

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8. Symbiosis Institute of Business Management, Pune (SIBM Pune)

SIBM Pune, established in 1978, is a prestigious B-school in India offering an MBA program with specialisations in Marketing, Finance, HR, Operations, Innovation and entrepreneurship. 

The course has a fee of 20.5 lakhs, and the average placement package is 17.48 LPA, with 180 total seats available. 

Notable alumni include Babu Antony, Neeraj Ghaywan, and Ritu Anand, while top recruiters include companies like Accenture, Google, and Walmart.

9. Institute of Management Technology, Ghaziabad (IMT)

IMT Ghaziabad is a well-known business school in India, recognised for its high standards and accredited by AACSB. It offers a PGDM course that costs 19 lakhs, and around 660 students can enrol. 

The average salary for graduates is 12.5 lakhs per year. The school has a strong list of successful alumni, including Prasoon Joshi and Sachin Pilot. Major companies like Deloitte, Google, and Microsoft actively recruit from IMT.

Check: FMS Delhi MBA Admission Criteria

Top MBA in Finance Colleges in Mumbai 2025

Mumbai, India's financial capital, is a natural choice for finance aspirants. Here are the top 10 MBA Colleges in Mumbai for Finance

• SP Jain Institute of Management and Research (SPJIMR)
• Jamnalal Bajaj Institute of Management Studies (JBIMS)
• Shailesh J. Mehta School of Management (SJMSOM), IIT Bombay
• Narsee Monjee Institute of Management Studies (NMIMS), Mumbai
• National Institute of Industrial Engineering (NITIE), Mumbai (now IIM Mumbai)
• K J Somaiya Institute of Management
• Welingkar Institute of Management Development & Research (WeSchool)
• Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE)
• Tata Institute of Social Sciences (TISS) - (Offers related programs with finance aspects)
• SIES College of Management Studies

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Top MBA Finance Colleges in Pune 2025

Pune has emerged as a significant educational and IT hub, with several quality MBA colleges. You can check out the following MBA finance colleges in Pune:

• Symbiosis Institute of Business Management (SIBM) Pune
• Symbiosis Centre for Management and Human Resource Development (SCMHRD)1
• National Institute of Bank Management (NIBM) - Specialises in banking and finance.
• Pune Institute of Business Management (PIBM)
• Department of Management Sciences (PUMBA), Savitribai Phule Pune University

Top MBA Finance Colleges in Delhi NCR 2025

The National Capital Region is another major hub for management education. Some of the Best colleges in Delhi for MBA in finance (including NCR):

• Faculty of Management Studies (FMS), University
• Management Development Institute (MDI), Gurgaon
• Indian Institute of Foreign Trade (IIFT),2 Delhi (Strong in international finance)
• International Management Institute (IMI), New Delhi
• Department of Management Studies, IIT Delhi
• XLRI Delhi-NCR Campus
• IMT Ghaziabad

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Top MBA in Finance Colleges in Bangalore 2025

India's Silicon Valley also hosts some excellent B-schools with finance specialisations. Top choices for MBA in finance colleges in Bangalore:

• Indian Institute of Management Bangalore (IIMB)
• Christ University
• Alliance School of Business, Alliance University
• Xavier Institute of Management and Entrepreneurship (XIME),3 Bangalore
• NMIMS Bangalore
• Symbiosis Institute of Business Management (SIBM), Bengaluru

Top MBA Finance Colleges in Chennai 2025

Chennai has a strong industrial base and some well-regarded management institutes. Some of the notable MBA finance colleges in Chennai:

• Great Lakes Institute of Management, Chennai
• Department of Management Studies (DoMS), IIT Madras
• Loyola Institute of Business Administration (LIBA)
• SRM School of Management (SRM University)

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Best MBA Finance Colleges in India with Fee Structure

The cost of an MBA in Finance is a significant consideration. Below is an approximate fee structure for some of the top MBA finance colleges in India.

Please note that these are indicative and can change; always refer to the official college websites for the latest information.

College Name	Approximate Total MBA/PGP Fees (INR)	City
IIM Ahmedabad	₹25 Lakhs - ₹35 Lakhs	Ahmedabad
IIM Bangalore	₹25 Lakhs - ₹30 Lakhs	Bangalore
IIM Calcutta	₹27 Lakhs - ₹32 Lakhs	Kolkata
XLRI Jamshedpur	₹24 Lakhs - ₹30 Lakhs	Jamshedpur
SPJIMR Mumbai	₹20 Lakhs - ₹24 Lakhs	Mumbai
FMS Delhi	₹2 Lakhs - ₹2.5 Lakhs	Delhi
ISB (Hyderabad/Mohali)	₹35 Lakhs - ₹40 Lakhs (1-year PGP)	Hyderabad/Mohali
MDI Gurgaon	₹23 Lakhs - ₹28 Lakhs	Gurgaon
JBIMS Mumbai	₹6 Lakhs - ₹7 Lakhs	Mumbai
NMIMS Mumbai	₹20 Lakhs - ₹24 Lakhs	Mumbai
SIBM Pune	₹20 Lakhs - ₹25 Lakhs	Pune
Great Lakes Institute of Management, Chennai	₹18 Lakhs - ₹22 Lakhs (PGPM/PGDM)	Chennai

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Preparing for Admissions to the Best MBA Finance Colleges in India

Admission to the best MBA finance colleges in India is highly competitive. Here's a quick look at the process:

1. Entrance Exams

 Most Indian B-schools accept scores from national-level entrance exams:

Exam Name	Full Form	Accepted By
CAT	Common Admission Test	IIMs and other top B-schools
XAT	Xavier Aptitude Test	XLRI and other XAMI member institutes
GMAT	Graduate Management Admission Test	Widely accepted, especially for ISB and by many institutes for experienced professionals or NRI candidates
NMAT by GMAC	NMIMS Management Aptitude Test	NMIMS and other select B-schools
SNAP	Symbiosis National Aptitude Test	Symbiosis International University institutes
MAH CET	Maharashtra Common Entrance Test	MBA/MMS colleges in Maharashtra, including JBIMS, SIMSREE
CMAT	Common Management Admission Test	Various AICTE-approved institutes

• Group Discussion (GD) / Written Ability Test (WAT): To assess communication skills, thought process, and general awareness.
• Personal Interview (PI): To evaluate your personality, goals, and suitability for the program.
• Profile: Academic record, work experience (if any), and extracurricular achievements also play a crucial role.

The Future of Finance and Your MBA

The finance industry is rapidly transforming due to technology. Top MBA finance programs are incorporating these trends:

• FinTech: Blockchain, cryptocurrencies, digital payments, AI in finance.
• Data Analytics & Big Data: Using data for financial modelling, risk assessment, and decision-making.
• Sustainable Finance & ESG: Growing focus on Environmental, Social, and Governance factors in investment.
• Regulatory Landscape: Adapting to evolving national and international financial regulations.

Look for colleges that are actively integrating these emerging areas into their curriculum. Internships and live projects in these domains can give you a significant edge.

Conclusion

Choosing one of India's best MBA finance colleges in india is an essential step towards a rewarding career. It requires thorough research, self-reflection on your career aspirations, and careful consideration of the factors discussed. 

The journey is demanding, but the professional and personal rewards are immense. Start early, prepare diligently, and choose wisely. Your future in the exciting world of finance awaits!