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Top MBA Finance Colleges in India: Dates, Ranking, Fees, Eligibility, Selection Criteria 2024

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Zollege Team

Content Curator | Updated On - May 1, 2024

The top MBA Finance colleges in India according to NIRF ranking 2023 are IIM Ahmedabad, IIM Bangalore, IIM Kozhikode, IIM Calcutta, and IIT Delhi. 

  • IIM Ahmedabad is the MBA Finance college in India with an 83.20 NIRF score in 2023.
  • The top MBA Finance colleges in Mumbai are the SP Jain Institute of Management and Research, Narsee Monjee Institute of Management Studies, and Shailesh J Mehta School of Management- IIT Bombay.
  • The best government MBA Finance colleges in India include IIM Kozhikode, Shailesh J. Mehta School of Management, Department of Management Studies- IIT Roorkee, etc. 
  • Candidates who want to get into the best MBA Finance course must pass the entrance exams. Some of the popular entrance exams for MBA in Finance are the CAT, the MAT, the GMAT, the ATMA, the XAT, and the CMAT.
  • Candidates must have a Bachelor's degree in any field from a recognized college or university with a minimum Grade average of 50% or the equivalent.
  • Final-year candidates can also apply, but their acceptance will depend on how well they performed in their last year.
  • The fee structure for an MBA in Finance course range between INR 2.1 lakh and INR 15 lakh per year on average.

Top 5 MBA Finance Colleges in India

  • IIM Ahmedabad
  • IIM Bangalore
  • IIM Kozhikode
  • IIM Calcutta
  • IIT Delhi

Top 10 MBA Finance Colleges in India

The table below highlights the list of the top 10 MBA Finance Colleges in India.

College  Rank  Fees Eligibility
Indian Institute of Management, Ahmedabad
  • NIRF 2023: 1
  • Outlook 2023: 1
  • FT 2023: 51
INR 2461000 Graduation: 50% + CAT/GMAT
Indian Institute of Management, Bangalore
  • NIRF 2023: 2
  • Outlook 2023: 2
  • FT 2023: 52
INR 2450000 Graduation: 50% + CAT/GMAT
Indian Institute of Management Kozhikode
  • NIRF 2023: 3
  • IIRF 2023: 6
INR 2050000 Graduation: 60% + CAT
Indian Institute of Management, Calcutta
  • NIRF 2023: 4
  • Outlook 2023: 3
  • FT 2023: 76
INR 2700000 Graduation: 50% + CAT
Indian Institute of Technology, Delhi
  • NIRF 2023: 5
  • QS World University Rankings 2023: 174
INR 1040000 Graduation: 60% + CAT
Indian Institute of Management, Lucknow
  • NIRF 2023: 6
  • Outlook 2023: 4
  • FT 2023: 90
  • IIRF 2023: 4
INR 1430000 Graduation: 50% + CAT
National Institute of Industrial Engineering, Mumbai
  • NIRF 2023: 7
  • IIRF 2023: 7
INR 1253000 Graduation: 50% + CAT/GATE
Indian Institute of Management, Indore
  • NIRF 2023: 8
  • Outlook 2023: 5
  • FT 2023: 89
INR 2114222 Graduation: 50% + CAT
XLRI-Xavier School of Management, Jamshedpur
  • NIRF 2023: 9
  • Outlook 2023: 1
INR 2170000 Graduation + XAT
Indian Institute of Technology, Bombay
  • NIRF 2023: 10
INR 1422600 Graduation: 60% + CAT

Frequently Asked Questions

Ques. Is admission to IIM Lucknow possible without a CAT score?

Ans: No, The only way to reserve a seat at IIM Lucknow is to take the GMAT and achieve a valid sectional and overall score. The candidate must pass the GMAT with a minimum score between 670 and 715 to qualify for the course.

Ques. What job opportunities are available after earning an MBA in Finance?

Ans: MBA in Finance opens up opportunities for various job prospects in multiple areas of accounting and financial management, including financial institutions, banks, stock exchanges, trading companies, etc.

Ques. Is there a future for MBA in Finance?

Ans: MBA in Finance offers extensive opportunities. MBA in Finance graduates can explore a wide range of rewarding career opportunities in the public and private sectors.

Ques. Which exam is required for MBA in Finance?

Ans: GMAT, CAT, MAT, and CMAT entrance exams are required for the MBA in finance.

Ques. What are the average costs in India for an MBA course in Finance?

Ans: The average annual MBA Finance fees in India range from INR 1,10,000 to INR 7,00,000 lakh.

Ques. How much salary does an MBA Finance earn each month in India?

Ans: MBA Finance graduates earn an average salary of approximately INR 3.73 LPA.

Ques. Is direct admission to IIM Ahmedabad for MBA in Finance possible?

Ans: Yes, IIM Ahmedabad has begun accepting students directly through the management quota seats, but only if they meet the qualifications required.

Ques. What are the application fee for IIT Bombay’s MBA in Finance course?

Ans: The MBA application cost at IIT Bombay is 1,600 INR.

Ques. Which IIM is the best for MBA in Finance?

Ans: IIM Bangalore is one of the best institutes for an MBA in Finance.

Ques. What is the topic of MBA Finance courses?

Ans: The major MBA in Finance courses include Financial Accounting & Analysis, Business Economics, Business Law, Cost and Management Accounting, Direct and Indirect Taxation, Capital Market and Portfolio Management, and so on.

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KJ Somaiya Institute of Management
KJ Somaiya Institute of Management logo

KJ Somaiya Institute of Management

Mumbai, Maharashtra | AICTE, NBA, AIU, AACSB Accredited

8.3/10 (2 Reviews)

Executive MBA

₹ 12.38 Lakhs


India todayranking 28 out of 270 in 2026

School of Management - [SOM], PDEU
School of Management - [SOM], PDEU logo

School of Management - [SOM], PDEU

Gandhi Nagar, Gujarat | AICTE Accredited


Executive MBA

₹ 2 Lakhs


Zollege.inranking 272 out of 300 in 2025

University of Engineering and Management - [UEM]
University of Engineering and Management - [UEM] logo

University of Engineering and Management - [UEM]

Jaipur, Rajasthan | AICTE, UGC Accredited

8.4/10 (73 Reviews)

Executive MBA

₹ 1.33 Lakhs


India todayranking 150 out of 232 in 2026

Sangam University, School of Management Studies
Sangam University, School of Management Studies logo

Sangam University, School of Management Studies

Bhilwara, Rajasthan | AICTE, UGC Accredited


Executive MBA

No Fees Found


IIRFranking 79 out of 120 in 2026

Sanskrithi School of Business - [SSB]
Sanskrithi School of Business - [SSB] logo

Sanskrithi School of Business - [SSB]

Puttaparthy, Andhra Pradesh | AICTE Accredited


Executive MBA

₹ 70 K


India todayranking 211 out of 275 in 2024

Wings Business School
Wings Business School logo

Wings Business School

Tirupati, Andhra Pradesh | AICTE Accredited


Executive MBA

₹ 50 K



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National Institute of Management - [NIM]

Executive MBA

₹ 45.7 K



Avantika University
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Avantika University

Ujjain, Madhya Pradesh | UGC Accredited

7.6/10 (6 Reviews)

Executive MBA

₹ 90 K


IIRFranking 91 out of 122 in 2025

North East Frontier Technical University - [NEFTU]
North East Frontier Technical University - [NEFTU] logo

North East Frontier Technical University - [NEFTU]

West Siang, Arunachal Pradesh | AICTE, BCI, UGC, AIU Accredited


Executive MBA

₹ 48 K



Madhav University - [MU]
Madhav University - [MU] logo

Madhav University - [MU]

Sirohi, Rajasthan | NCTE, AICTE, PCI, BCI, UGC Accredited

8.2/10 (3 Reviews)

Executive MBA

₹ 1.2 Lakhs



William Carey University - [WCU]
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William Carey University - [WCU]

Shillong, Meghalaya | UGC Accredited


Executive MBA

₹ 1.27 Lakhs



Institute of International Trade - [IITRADE]
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Institute of International Trade - [IITRADE]

Kolkata, West Bengal | AICTE, UGC Accredited


Executive MBA

₹ 65 K



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MARC School of Business - [MSB]

Executive MBA

₹ 7.2 Lakhs



MIT School of Distance Education - [MITSDE]
MIT School of Distance Education - [MITSDE] logo

MIT School of Distance Education - [MITSDE]

Pune, Maharashtra | UGC, DEB Accredited

10/10 (1 Reviews)

Executive MBA

₹ 95 K



Institute of Management Studies, Ranchi University - [IMS]

Executive MBA

₹ 60 K



Rustomjee Business School - [RBS]
Rustomjee Business School - [RBS] logo

Rustomjee Business School - [RBS]

Mumbai, Maharashtra | AICTE Accredited


Executive MBA

₹ 1.75 Lakhs



Institute of Productivity and Management - [IPM]
Institute of Productivity and Management - [IPM] logo

Institute of Productivity and Management - [IPM]

Ghaziabad, Uttar Pradesh | AICTE Accredited


Executive MBA

₹ 90 K



Indian Institute of Finance - [IIF]
Indian Institute of Finance - [IIF] logo

Indian Institute of Finance - [IIF]

Greater Noida, Uttar Pradesh | AICTE, UGC Accredited


Executive MBA

₹ 2 Lakhs



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Prist University, Directorate of Distance Education
Prist University, Directorate of Distance Education logo

Prist University, Directorate of Distance Education

Thanjavur, Tamil Nadu | UGC Accredited


Executive MBA

₹ 75 K



Venkateshwara Group of Institutions
Venkateshwara Group of Institutions logo

Venkateshwara Group of Institutions

Meerut, Uttar Pradesh | AICTE Accredited


Executive MBA

₹ 66.5 K



ISBM University
ISBM University logo

ISBM University

Raipur, Chhattisgarh | NCTE, AICTE, INC, BCI, UGC Accredited

9.8/10 (1 Reviews)

Executive MBA

₹ 57.9 K



Indian Institute of Commerce & trade - [IICT]
Indian Institute of Commerce & trade - [IICT] logo

Indian Institute of Commerce & trade - [IICT]

Lucknow, Uttar Pradesh | DEB Accredited


Executive MBA

₹ 22.56 K



ITM Group of Institutions
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ITM Group of Institutions

Navi Mumbai, Maharashtra | AICTE, UGC Accredited


Executive MBA

₹ 1.86 Lakhs


ranking 77 out of 120 in 2022

RV University - [RVU]
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RV University - [RVU]

Bangalore, Karnataka | UGC Accredited

7.8/10 (21 Reviews)

Executive MBA

₹ 1.5 Lakhs


India todayranking 92 out of 270 in 2026

Institute of Management Technology Centre for Distance Learning - [IMT-CDL]

Executive MBA

₹ 1.1 Lakhs



MIT University
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MIT University

Shillong, Meghalaya | UGC Accredited


Executive MBA

₹ 3.73 Lakhs



Sharda University Agra
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Sharda University Agra

Agra, Uttar Pradesh | AICTE, COA, PCI, NBA Accredited

9.5/10 (4 Reviews)

Executive MBA

₹ 3.32 Lakhs



KK Modi University - [KKMU]
KK Modi University - [KKMU] logo

KK Modi University - [KKMU]

Bhilai, Chhattisgarh | UGC Accredited

7.6/10 (23 Reviews)

Executive MBA

₹ 4.39 Lakhs



Radha Krishan Institute of Technology & Management -[RKITM]
Radha Krishan Institute of Technology & Management -[RKITM] logo

Radha Krishan Institute of Technology & Management -[RKITM]

Indore, Madhya Pradesh | AICTE, UGC, MHRD Accredited


Executive MBA

₹ 75 K



Imperial College of Business Studies - [ICBS]
Imperial College of Business Studies - [ICBS] logo

Imperial College of Business Studies - [ICBS]

Bangalore, Karnataka | AICTE, UGC Accredited


Executive MBA

₹ 3.25 Lakhs



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