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Top 10 MBA Colleges for Finance in India

Top MBA College for Finance in India

MBA colleges specializing in Finance play a crucial role in shaping the leaders of tomorrow’s financial world. These institutions provide comprehensive education that blends theoretical knowledge with practical skills, preparing students to navigate the complex landscape of global finance. By offering courses in financial analysis, investment management, risk assessment, and corporate finance, these colleges equip graduates with the tools necessary to excel in various financial sectors. Additionally, MBA programs often include opportunities for internships, networking, and real-world projects, allowing students to gain invaluable experience and industry connections. As a result, MBA graduates in finance are well-positioned to drive innovation, strategic decision-making, and sustainable growth in the business world. For aspiring finance professionals aiming to advance their careers and achieve their full potential, choosing the right MBA program is a crucial decision. This article will highlight the top MBA colleges in India that provide outstanding postgraduate programs in Finance and Management.

List of Top 10 MBA Colleges for Finance in India

Please review the list of the top 10 MBA colleges for Finance in India provided below.

CollegesExams AcceptedFeesAverage Package
IIM CalcuttaCAT31 Lakh35.07 LPA
IIM AhmedabadCAT25 Lakh34.36 LPA
IIM BangaloreCAT24.5 Lakh35.31 LPA
IIM KozhikodeCAT21 Lakh27.75 LPA
NMIMS MumbaiNMAT23.90 Lakh26.63 LPA
IMI DelhiCAT, XAT, GMAT18.2 Lakh17.01 LPA
NIBM PuneCAT, XAT, GMAT, CMAT, GRE16.2 Lakh15.22 LPA
TAPMI ManipalNMAT, CAT, XAT, GMAT17.34 Lakh14.6 LPA
Also Read: Top 10 MBA Colleges for Operation Management in India

Indian Institute of Management Calcutta (IIMC)

The Indian Institute of Management Calcutta (IIMC), established by the Government of India in November 1961, holds the distinction of being the first national institute for Post-Graduate studies and Research in Management. Recognized as one of the top MBA colleges for Finance in India, IIM Calcutta is also acclaimed for its excellence in various other fields. Its main campus, sprawling over 135 acres, is situated in Joka on the outskirts of Kolkata. IIM Calcutta offers a diverse range of programs, including a two-year full-time MBA, a one-year full-time Post Graduate Diploma (PGPEX-VLM), a one-year full-time MBA for experienced executives (MBAEx), a Doctorate in Business Administration, a two-year full-time Post Graduate Diploma in Business Analytics, and a one-year full-time program in Healthcare Management. Additionally, IIM Calcutta is renowned for its rigorous academic environment and its strong emphasis on research and innovation in the field of management.

  • Fees: 31 lakh
  • Average Package: 35.07 LPA
  • Highest Package: 1.2 CPA

Indian Institute of Management Ahmedabad (IIMA)

IIM Ahmedabad is widely regarded as the premier management institution in India, often referred to as the Mecca of Marketing. It is renowned for its outstanding credentials in the finance and consulting sectors. Established in 1961, IIM Ahmedabad has a legacy of excellence, making its MBA degree highly coveted by CAT aspirants. The campus, known for its iconic architecture and expansive green spaces, spans 102 lush acres in the heart of Ahmedabad and is home to some of the brightest minds in the world. Among its various programs, the two-year full-time Post Graduate Programme in Management (PGP) stands out as the flagship MBA program, epitomizing the institute’s commitment to academic excellence and leadership development.

  • Fees: 25 lakh
  • Average Package: 34.36 LPA
  • Highest Package: 1.15 CPA

Indian Institute of Management Bangalore (IIMB)

This article will highlight the top MBA colleges in India that provide outstanding postgraduate programs in Finance and Management. For aspiring finance professionals aiming to advance their careers and achieve their full potential, choosing the right MBA program is a crucial decision. Notably, IIM Bangalore, established in 1973, stands out for its rigorous curriculum and esteemed faculty. The finance management studies at IIM Bangalore are renowned for their comprehensive approach, combining in-depth theoretical frameworks with practical applications, thereby equipping students with the skills necessary to excel in the financial sector.

  • Fees: 24.5 lakh
  • Average Package: 35.31 LPA
  • Highest Package: 80 LPA

Indian Institute of Management Kozhikode (IIMK)

IIM Kozhikode, established in 1996, is one of India’s premier business schools, located in the serene hilltop campus of Kunnamangalam, Kerala. Renowned for its picturesque setting and state-of-the-art infrastructure, IIM Kozhikode offers a variety of courses including its flagship Post Graduate Program (PGP) in Management, Executive Post Graduate Programs, and specialized programs in Finance, Marketing, Operations, and Information Technology. The institution is particularly distinguished for its emphasis on holistic management education, integrating innovative teaching methods with a strong focus on research and industry interaction. IIM Kozhikode also excels in fostering entrepreneurial skills and leadership qualities, making it a preferred choice for aspiring managers and leaders.

  • Fees: 22.5 lakh
  • Average Package: 29.23 LPA
  • Highest Package: 67.02 LPA

JBIMS, Mumbai

Jamnalal Bajaj Institute of Management Studies (JBIMS), established in 1965, is one of India’s premier business schools located in the bustling financial hub of Mumbai. Affiliated with the University of Mumbai, JBIMS offers a range of programs including the Master in Management Studies (MMS), Master in Finance (MSc Finance), and various part-time and executive education courses. Known for its rigorous academic curriculum and strong industry connections, JBIMS specializes in management education with a particular emphasis on finance, marketing, operations, and human resources. The institute’s strategic location in Mumbai provides students with unparalleled access to internships, networking opportunities, and placements in top financial and corporate firms, making it a sought-after destination for aspiring management professionals.

  • Fees: 6 lakh
  • Average Package: 28.02 LPA
  • Highest Package: 35.75 LPA

NMIMS, Mumbai

Narsee Monjee Institute of Management Studies (NMIMS), established in 1981, is one of India’s leading business schools located in Mumbai, Maharashtra. Known for its robust curriculum and innovative teaching methodologies, NMIMS offers a wide range of courses, including MBA, MBA in HR, MBA in Pharmaceutical Management, and specialized programs in Finance, Marketing, and Operations. The institute is renowned for its excellence in management education, with a strong emphasis on industry connections, practical learning, and research. NMIMS’s strategic location in Mumbai, the financial hub of India, provides students with ample opportunities for internships, networking, and placements in top-tier companies. The institution’s focus on holistic development and real-world application makes it a preferred choice for aspiring business leaders.

  • Fees: 24 lakh
  • Average Package: 26.63 LPA
  • Highest Package: 67.80 LPA

IMI, Delhi

Established in 1981, the International Management Institute (IMI) Delhi has emerged as a premier business school in India, renowned for its excellence in management education. Strategically located in the heart of the national capital region, IMI Delhi benefits from its proximity to corporate hubs and government institutions, facilitating industry interactions and experiential learning opportunities for students. The institute offers a wide range of management courses, including Post Graduate Diploma in Management (PGDM) programs, Executive PGDM, Fellow Program in Management (FPM), and various executive education programs. IMI Delhi distinguishes itself through its emphasis on holistic development, fostering leadership skills, critical thinking, and a global perspective among its students. With a faculty comprising seasoned academicians and industry experts, IMI Delhi delivers a dynamic learning experience that combines academic rigor with practical insights. The institute’s strong industry connections, robust alumni network, and emphasis on research further enhance its reputation as a leading institution for management education in India.

  • Fees: 18.2 lakh
  • Average Package: 17.01 LPA
  • Highest Package: 50 LPA

NIBM, Pune

Established in 1969, the National Institute of Bank Management (NIBM) in Pune, India, has emerged as a premier institution for management education, particularly in the banking and finance sectors. Located in the scenic backdrop of Pune, Maharashtra, NIBM offers a diverse range of courses catering to the needs of the banking and financial industry. Its flagship program, the Post Graduate Diploma in Management (Banking and Financial Services), is highly regarded for its specialized curriculum tailored to the demands of the banking sector. NIBM’s unique blend of academic rigor and industry exposure ensures that students are equipped with both theoretical knowledge and practical skills necessary to excel in the dynamic world of banking and finance. Beyond academic excellence, NIBM is known for its research contributions, consultancy services, and executive development programs, making it a preferred destination for aspiring bankers and finance professionals seeking to carve a niche in the industry.

  • Fees: 16.2 lakh
  • Average Package: 15.22 LPA
  • Highest Package: 23.50 LPA

TAPMI, Manipal

Established in 1980, the T.A. Pai Management Institute (TAPMI), located in Manipal, Karnataka, stands as a beacon of excellence in management education in India. Situated in the picturesque town of Manipal, TAPMI offers a serene and conducive environment for learning. The institute offers a range of courses, including Post Graduate Diploma in Management (PGDM) programs specializing in areas such as Marketing, Finance, Operations, and Human Resources.

  • Fees: 17.34 lakh
  • Average Package: 14.6 LPA
  • Highest Package: 24.80 LPA


Established in 1970, the Institute for Financial Management and Research (IFMR) is a premier business school located in Chennai, India. Initially founded as a research institute focused on financial markets, IFMR evolved into a full-fledged business school offering a range of management programs. Situated in the heart of Chennai, IFMR boasts a picturesque campus conducive to academic excellence and holistic development. The institute offers various courses, including a flagship two-year full-time Post Graduate Diploma in Management (PGDM), Executive PGDM, and Ph.D. programs. IFMR’s specialty lies in its rigorous curriculum that blends academic theory with hands-on experiential learning, preparing students to tackle real-world business challenges effectively. With a faculty comprising industry experts and experienced academics, IFMR provides students with insights into contemporary business practices and fosters a culture of innovation and entrepreneurship. Furthermore, IFMR’s strong industry connections and robust placement assistance ensure that graduates are well-equipped to embark on successful careers in diverse sectors of the corporate world.

  • Fees: 14.56 lakh
  • Average Package: 13.50 LPA
  • Highest Package: 22.90 LPA

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Also Read: Top 10 MBA Colleges for Management in India.

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