With B-School final selection process towards in its last leg, students have in front of them multiple options to choose from. To help students choose the right college I have created a ranking for top MBA finance colleges in India.
In an earlier article posted by me “Jayein toh Jayein kahaan 2019: Top MBA Colleges” I had discussed and ranked some top institutes based on a combination of various parameters such as placement, alumni feedback, faculty, ROI, etc.
However, numerous aspirants have approached me to help them select a B-School that would suit their need of a specialization; thus, this is an effort to help students identify an ideal MBA college for their desired specialization.
Numerous articles are to follow from here with rankings of top MBA colleges on different parameters. In this particular article “Top MBA colleges for Finance”, I have ranked MBA colleges in order of their preference for finance in India.
Before, I venture into the rankings for Top MBA finance colleges in India; I would also want to answer some commonly asked question:
“What is MBA in Finance?”
MBA in Finance specialization would be focused on various business aspects related to finance such as accounting, financial economies, investments, investment analysis, corporate valuation, taxation, financial planning, corporate finance etc.
Various career options you could look at after MBA in Finance are:
- Relationship Manager
- Wealth Manager
- Investment Banker
- Financial Consultant
- Research Analyst
Why MBA in Finance?
MBA in Finance currently stands at one of the top picked courses by students going in for MBA as well as professionals seeking to climb up the career ladder. The career in finance:
- promises high paid salaries in both national and multi-national companies
- brings lucrative career opportunities
- is industry independent
A lot of students interested in MBA Finance also go ahead and do CFA and FRM during their MBA which projects them as Finance specialists. However, you should avoid going for those extra certifications if you are not sure about which one to pick.
Who should opt for MBA in Finance?
If you have a knack for numbers, then MBA in Finance is a specialization you could opt for if your interest doesn’t lie anywhere else. Even those who have not studied mathematics in graduation or high school or even those who have not performed well in mathematics previously can opt for MBA in Finance if they are motivated enough to handle numbers.
If you are sure MBA in Finance is the career option for you then, choosing an MBA college to lay foundation for this career option is very critical such that it could provide the best possible kickstart to your career in finance.
My order of preference for MBA Colleges for Finance is given in the table below. Please note that this should not be misunderstood as a ranking of MBA institutes/programs.
The institutes/programs of different levels are placed in different clusters and within a cluster the ones on top are preferred over the lower ones. However, institutes within 2-3 places of each other are at par and you could choose any of them.
Finally, do not rely only on this table, do check the other sources (especially current and past students) as well and take an informed decision looking at all factors that are important for you.
My preference for Top MBA finance colleges in India
Top MBA finance colleges in India: Cluster 1 | ||
---|---|---|
1. Indian Institute of Management (IIM-C) |
Kolkata |
PGDM |
2. Indian Institute of Management (IIM-A) |
Ahmedabad |
PGP |
3. Indian Institute of Management (IIM-B) |
Bengaluru |
PGP |
4. Jamnalal Bajaj Institute of Management Studies (JBIMS) |
Mumbai |
MMS |
5. Faculty of Management Studies (FMS) – Delhi University |
New Delhi |
MBA |
6. Indian School of Business (ISB) |
Hyderabad |
PGP |
7. Indian Institute of Management (IIM-L) |
Lucknow |
PGPM |
8. Xavier Labour Research Institute (XLRI) |
Jamshedpur |
BM |
9. Management Development Institute (MDI) |
Gurgaon |
PGPM |
10. SP Jain Institute of Management & Research (SPJIMR) |
Mumbai |
PGDM |
Top MBA finance colleges in India: Cluster 2 |
||
11. Indian Institute of Management (IIM-K) |
Kozhikode |
PGP |
12. Indian Institute of Management (IIM-I) |
Indore |
PGPM |
13. Indian Institute of Foreign Trade (IIFT) |
New Delhi |
MBA |
14. Indian Institute of Foreign Trade (IIFT) |
Kolkata |
MBA |
15. Indian Institute of Management (IIM-L) |
Lucknow |
ABM |
16. Indian Institute of Management Shillong |
Shillong |
PGPM |
17. Indian Institute of Technology Bombay – SJSOM |
Mumbai |
M. MANAGEMENT |
18. Indian Institute of Technology Delhi – DMS |
New Delhi |
MBA |
Top MBA finance colleges in India: Cluster 3 |
||
19. Indian Institute of Management Trichy |
Trichy |
PGPM |
20. Indian Institute of Management Ranchi |
Ranchi |
PGDM |
21. Indian Institute of Management Udaipur |
Udaipur |
PGP |
22. Symbiosis Institute of Business Management (SIBM) |
Pune |
MBA |
23. Symbiosis Centre for Management and HRD (SCMHRD) |
Pune |
MBA |
24. Narsee Monjee Institute of Management Studies (NMIMS) |
Mumbai |
Core |
25. Indian Institute of Management Raipur |
Raipur |
PGP |
26. Indian Institute of Management Rohtak |
Rohtak |
PGP |
27. Indian Institute of Management Kashipur |
Kashipur |
PGP |
28. Institute of Management Technology (IMT) |
Ghaziabad |
PGDM |
29. International Management Institute (IMI) |
Delhi |
PGDM |
30. Indian Institute of Technology Kharagpur – VGSOM |
Kharagpur |
MBA |
31. Great Lakes Institute of Management (GLIM) |
Chennai |
PGPM |
32. Indian Institute of Technology Madras – DMS |
Chennai |
MBA |
Top MBA finance colleges in India: Cluster 4 |
||
33. T A Pai Management Institute (TAPMI) |
Manipal |
PGDM |
34. Indian Institute of Management (IIM-V) |
Vishakhapatnam |
PGP |
35. Indian Institute of Management (IIM-N) |
Nagpur |
PGP |
36. Indian Institute of Management (IIM-Amritsar) |
Amritsar |
PGP |
37. Indian Institute of Technology Kanpur – DMS |
Kanpur |
MBA |
38. Masters in International Business (MIB) Delhi School of Economics DU |
Delhi |
MIB |
39. Master of Finance & Control (MFC), DU |
Delhi |
MBA Fin |
40.Indian Institute of Management (IIM-S) |
Sirmaur |
PGP |
41.Indian Institute of Management (IIM-J) |
Jammu |
PGP |
42. Indian Institute of Technology Roorkee – DMS |
Roorkee |
MBA |
43. K J Somaiya Institute of Management Studies & Research (SIMSR) |
Mumbai |
PGDM, IB, FM |
44. Goa Institute of Management (GIM) |
Goa |
PGDM |
45. Bharathidasan Institute of Management (BIM) |
Tiruchirapally |
MBA |
46. Loyola Institute of Business Administration (LIBA) |
Chennai |
PGDM |
47. FORE School of Management |
New Delhi |
PGDM, IB |
All the best
GP
1
Why ifmr chennai is not there?? Which is best for finance.. Who average placement as per finance to 11 lakh pa..
1.5