The best finance institutions are examined in the third instalment of the top finance MBA college speciality series, which follows sections on marketing and human resources. Finance is the foundation of the economy and is frequently regarded as one of the first MBA specializations. Today, there are many different areas of finance that can be studied, from banking and insurance to corporate and governmental studies. It requires knowledge of economic and financial principles as well as accounting, mathematical, and analytical skills.

(Please take note:  that IIMs and other B-Schools that provide PGP and MBA programmes with a second-year option for specialization are not included in the list. The list covers only programmes centred on financial management.)

What is MBA in Finance Management?

A number of B-schools offer an MBA in Finance concentration that teaches students how to manage, oversee, and evaluate the acquisition, investment, and use of financial resources. The course assists the aspirant in learning to interpret financial reports from businesses, estimate economic trends, maximize stock prices, balance risk and profitability, and, last but not least, manage investment portfolios.

Eligibility and Course Fee

The best curriculum, course fees, and eligibility for some of the top MBA Finance colleges in India are listed here.

1. SP Jain Institute of Management and Research, Mumbai (All): PGDM

The major advantage of SPJIMR is that they assert to have the highest Industry integration quotient and believe in regular upgrading to meet market necessities. Due to its location in the nation’s financial centre, SPJIMR courses act as virtual businesses because the sector is so accessible. The University Grants Commission (UGC) and the All-India Council of Technical Education (AICTE) both recognize the institution. The curriculum is set up so that students will learn financial skills that will aid them in strategic planning at the highest levels of management in businesses and organizations.

2. Narsee Monjee Institute of Management Studies, Mumbai: MBA (Banking)

Every student that spoke to Shiksha began by using the phrase “strategic location.” Narsee Monjee Institute of Management Studies (NMIMS) has a vibrant corporate interface due to its location in Mumbai. Students claim that NMIMS is one of just a few colleges that offers a banking specialization. The entire spectrum of the finance industry is covered, including corporate finance, insurance, risk management, etc. Even businesses that come for placements have high expectations for the students in this speciality. The training has gained importance as the RBI has granted licences to 20–15 more banks. In terms of private MBA programmes, NMIMS is placed 24th by NIRF 2020 and fourth by Outlook 2020.