MBA in Finance Management

Update on
September 28, 2019

MBA in Finance Management is one of the most preferred MBA courses opted by the students to get excellence and groom leadership skills in the areas of Financial Management, Corporate Financial Planning, Corporate Acquisitions & Mergers, Accounting, Banking and Financial Management among others.

 

The MBA in Finance with different titles is offered by almost all the top MBA colleges in India including IIMs, XLRI, MDI, FMS among others. IIM Calcutta and IIM Ahmedabad are most preferred destinations to pursue Finance Management Courses. MBA degree in Finance Management or PGDM in Finance can be obtained as an exclusive MBA program or as an specialized elective in the second year of the Master in Business Administration course.

Managing the assets of a company in the right manner in modern times has becomes a key corporate requirement. The MBA in Finance Management has occupied key value among the most preferred MBA courses in top MBA colleges and the demand for the Finance Management professionals has been rising year after year. Financial Planning, controlling and managing the financial resources are the major functional areas for which industry needs MBAs in Finance.

 

MBA in Finance Vs Bachelors in Finance
The post graduate diploma in finance (PGDM Finance) or MBA in Finance sharpens your skills in all the key areas of Finance Management. The post graduation broadens your vision of managing the financial resources skillfully to take you up the highest position in corporate ladder. MBA in Finance courses inculcate the key insight to understand the financial management along with professional insight and excel in business skills and managerial skills.

 

A bachelor's degree in finance management although gives you broad understanding of financial management skills and financial resources, accounting among others, it needs further grooming to become leaders in financial management. However, you become well skilled to work in various areas of finance management with your bachelor’s degree in financial management like money management, retail and commercial banking, investment banking, financial planning, insurance among other financial services.  

 

Types of MBA in Finance Management Courses
Two types of MBA in Finance Management courses are offered by the Finance Management colleges

  1. MBA in Finance: Offered as Specialization

There are IIMs, FMS, XLRI, MDI among other top MBA colleges that offer MBA/PGDM with Finance Management as a specialization with an elective course. Students can exercise their choice to choose MBA in Finance as a specialized course in the second year of their programme

  1. MBA in Finance Management: Exclusive MBA Programme

Many of the top MBA colleges like SPJIMR, IMI New Delhi, IMT Ghaziabad, K J Somaiya Mumbai, LBSIM Delhi, offer exclusive MBA in Finance Management or MBA in Banking & Finance. JBIMS Mumbai has launched new programme MSc Finance which is also equivalent to 2 years of MBA in Finance Management programme. The syllabus of MSc Finance at JBIMS Mumbai is also similar to the MBA Finance Management syllabus of top B-schools.  

 

MBA in Finance: Same Course –Different Titles
In some Finance Management Colleges, MBA Finance course is referred to as MBA in Finance & Accounting; MBA in Financial Management; MBA in Finance or MBA in Finance & Investment. However, the Finance Management Courses and Finance Management Syllabus in all the top MBA colleges offering MBA in Finance is more or less same.  

 

Those who wish to make finance management as their career after doing graduation in Commerce, Science, Humanities, or have done CA/CS/ICWA, or have engineering back ground, there is no bar in opting for Finance Management Course. There is also no age bar to take admission in the MBA Finance programme. Finance Management course can be pursued with no age limit depending upon the person’s quest for the management programme.

 

MBA in Finance Management: Key Takeaways
MBA in Finance Management equips the person with the leadership skills on management and control of corporate finance and its intricacies. The Finance Management MBA empowers with the skills to collection, reviewing, investment analysis of monetary resources. The MBA Finance syllabus is designed in such a way that it enables the students to analyse the financial reports, forecast financial and economic trends, making stock profitable, making a balance approach between rist and profitability, managing and maximizing investment portfolio with minimum risk factor. 

 

How important is MBA in Finance Management Course?
Finance is the backbone of the economy. MBA in Finance management not only covers financial management only but also the banking, insurance and other financial services and develops your accounting, quantitative and analytical skills with a perspective of understanding the key financial areas of managing the financial aspects of the corporate sector. 

 

The Finance Management MBA provides leadership skills in the areas of Accounting and Control, Corporate Finance. The MBA in Finance courses offered include basic courses in financial and management accounting and corporate finance in the first year. The optional courses in the second year focus on financial derivatives, risk management, business valuation, and quantitative finance.
 

After completion of specialization in Finance Management MBA, students develop standard business administrative skills, leadership skills in identifying, analysing and solving the financial management problems. Taking initiatives, teamworking, interpersonal skill development, effective communication for better financial management and control are learnt in the Finance Management MBA courses offered by top B-schools.

 

MBA in Finance Syllabus
Finance Management syllabus and courses offered in top MBA colleges is not much different. The Finance Management Syllabus of IIMs, XLRI, MDI, XLRI, SPJIMR, FMS Delhi offer the students to learn hard and get themselves equipped with Quantitative methods and managerial skills, understand the financial management principles and be able to interpret and analyse different types of financial reports and draw concluding result. The MBA in Finance Management Syllabus is designed in such a way that the Management graduate in finance is able to handle multiple financial management tasks simultaneously. The key topics in MBA in Finance Management Syllabus as included in IIM Calcutta, Ahmedabad, XLRI among other top MBA colleges are:

  • Money and Banking
  • Financial Risk Management
  • Management Control System
  • International Finance
  • Bank Management
  • Fixed Income Markets
  • Structured Finance
  • Infrastructure and Project Finance
  • Options, Futures & Derivatives
  • Business Valuation
  • Investment Analysis and Portfolio Management
  • Corporate Restructuring
  • Behavioural Finance
  • Trading Strategies
  • Financial Modelling
  • Infrastructure Finance
  • Financial Risk Management
  • Commodity Finance
  • Acquisitions & Mergers
  • Corporate investment management
  • Portfolio management
  • Hedge fund management
  • Small business and corporate finance
  • Investments
  • Securities analysis
  • Borrowing
  • Fundraising
  • Collections
  • Disbursements

Top 10 MBA in Finance Management Colleges: Specialization in Flagship MBA
The Finance Management Colleges are more than 100 in India which offer Finance Management courses. The top ten Finance management Colleges include IIM Calcutta, IIM Ahmedabad, IIM Lucknow, XLRI among others. They offer finance Management as specialization in the second year of their flagship MBA programme. 

 

Aspirants, who wish to pursue MBA in Finance, as specialization and are looking for top MBA colleges in finance management, should check the eligibility criteria in each MBA college before applying for admission. The top ten MBA in Finance Management Colleges with their Finance Management specialization course and the title of Finance Management courses are as under. However, the list below includes only those top ten MBA in Finance Management Colleges which offer Finance Management as specialization in the second year of the programme:

MBA in Finance Management College
Title of Finance management Specialization in flagship MBA programme
IIM Ahmedabad
PGP - Finance & Accounting
IIM Calcutta
MBA - Finance & Control
IIM Lucknow
PGP – Finance & Accounts
XLRI Jamshedpur
PGDM (BM) Finance
Faculty of Management Studies (FMS) Delhi
MBA-Finance
Management Development Institute (MDI) Gurgaon
PGPM-Finance
NMIMS Mumbai
MBA-Finance
Symbiosis Institute of Business Management (SIBM) Pune
MBA - Finance
XIMB Bhubaneshwar
MBA – BM (Finance)
SCMHRD Pune
MBA-Finance
IIM Udaipur
MBA-Finance & Accounting
Great Lakes Institute of Management, Chennai
PGPM-Finance
SCMS Cochin School of Business, Kochi
PGDM –Finance Management

Top 10 MBA in Finance Management Colleges: Exclusive MBA Finance programmes
The list below contains top MBA colleges offering exclusive MBA in Finance Management programmes and not only specialized finance management programme.

MBA in Finance Management College
Course Title for MBA in Finance – Exclusive Programme
Jamna Lal Bajaj Institute of Management Studies (JBIMS) Mumbai
M.Sc. Finance
International Management Institute (IMI) New Delhi
Post Graduate Diploma in Management -Banking & Financial Services (PGDM-B&FS)
Institute of Management Technology (IMT) Ghaziabad
PGDM Finance
K J Somaiya Institute of Management studies & Research, Mumbai
PGDM Financial Services
Institute of Public Enterprise (IPE) Hyderabad
PGDM Banking, Insurance & Financial Services
FORE School of Management, New Delhi
PGDM-Financial Management
Lal Bahadur Shastri Institute of Management (LBSIM) New Delhi
PGDM Finance
T A Pai Management Institute (TAPMI), Manipal
PGDM – Banking & Financial Services (BKFS)
Xavier Institute of Social Service (XISS) Ranchi
PGDM Finance
IMT Hyderabad
PGDM Finance
IMT Nagpur
PGDM Finance
International School of Business & Media (ISB&M) Pune
PGDM Finance
MIT School of Business (MIT-SOB) Pune
PGDM Finance
National Institute of Bank Management (NIBM) Pune
PGDM Banking & Financial Services (B&FS)

Apart from these MBA colleges offering full time MBA in Finance Management courses, there are number of MBA colleges offering part time MBA in Finance Management like SIMSREE Mumbai, BITS Pilani among others.

 

MBA in Finance Management Placements & Career Opportunities
After completing your Finance Management MBA, career opportunities are open in banking, finance, accounting, taxation, asset management areas that offer high salary packages to the finance management MBA graduates. If you have done MBA in Finance from a top MBA college, the average salary offered in accordance with the role offered can go as high as Rs. 10 to 20 lakhs per annum. Even after doing the MBA in Finance from Tier-2 B-school, the average salary offered remains high enough at Rs.5 to 7 lakhs per annum.

 

Top Recruiters for MBA in Finance
Some of the top recruiters who look for candidates with MBA in Finance qualification include KPMG, Deloitte, Boston Consulting, Axis Bank, Yes Bank, ICICI, Goldman sachs, Morgan Stanley, CRISIL, J P Morgan, Barclays, McKinsey, Lehman, Bain & Co, Merril Lynch among others.

 

MBA Finance: Profiles & Roles Offered
Career opportunities in banking, corporate finance, accounting & taxation, investment management, mergers & acquisition, fund management, international finance, insurance management, stock portfolio management among other key areas exist for the graduates with MBA in Finance Management.

 

Key roles and profiles offered to the candidates with MBA in Finance management degree include Financial Analyst, Credit Risk Manager,  Portfolio Manager, Treasury Manager, Derivatives Trader,  Structuring, Assistant Vice President – Finance/Corporate Banking, Corporate Finance Manager among others.

 

MBA in Finance Management Courses in India
MBA in Finance Management courses in India as offered by IIM Calcutta, IIM Ahmedabad, JBIMS Mumbai, IMI New Delhi among other top institutes more or less have similar course design. Since MBA course in Finance Management offers key benefits like grooming finance leadership skills, and high salaries, thousands of freshers as well as working professionals earn this degree every year with the target to enhance and improve their career opportunities and  position themselves for success in relevant industry.

 

The Finance Management MBA course structure in India as offered by top B-schools is shared below:

 

Key Facts about MBA in Finance Management Course

  • The programme offers Core and Elective courses
  • Core courses are compulsory courses offered in the first year and second year
  • In case of the colleges offering one year course, the core and electives are offered in first year itself
  • Elective courses are offered in the second year, where students get the opportunity to choose from a basket of multidisciplinary courses and courses with functional depth in Finance Management. 
  • Course delivery use a combination of the lectures, classroom discussions, industry interactions, case studies, individual and group projects, term papers, role plays, dissertations, business games, films and various experiential learning methods.
  • The concept of credits is used to define the weightage of a course and the thumb rule is that a three-credit course involves about 100 hours of work – 30% in the classroom, and the rest for preparation and assignments.

MBA Finance Courses

  • Financial Reporting & Analysis
  • Financial Reporting & Analysis
  • Bank Management
  • Financial Institutions & Financial Markets 
  • Financial Management – I
  • Financial Management – II
  • Fintech
  • Financial Derivatives – I
  • Investment Management – I
  • Financial Services
  • Management of Financial Services
  • Financial Derivatives – II
  • Investment Management – II
  • Risk Management 
  • Quantitative Techniques I
  • IT for Decision-Making
  • Managerial Communication
  • Managerial Economics
  • Marketing Management
  • Data Pre-processing for Analytics
  • Information System for BFSI
  • Macroeconomics 
  • Organisational Behaviour
  • Business Ethics
  • Strategic Management
  • Principles & Practice of Corporate Governance
  • Legal & Regulatory Environment for Banks
  • Operations Management for Services
  • Quantitative Techniques II
  • Indian Economic Policy
  • HRM for BFSI
  • Principles & Practice of Corporate Governance
  • Marketing of Financial Services