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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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PopularityRatingHighest FeesLowest Fees
IIM Bangalore - Indian Institute of Management
IIM Bangalore - Indian Institute of Management logo

IIM Bangalore - Indian Institute of Management

Bangalore, Karnataka | AICTE, UGC Accredited

8.7/10 (1 Reviews)

BBA/BBM

₹ 1.25 Lakhs

MBA/PGDM

₹ 26.3 Lakhs


Financial Timesranking 34 out of 100 in 2026

XLRI
XLRI logo

XLRI

Jamshedpur, Jharkhand | AICTE, NBA, AACSB, AMBA Accredited


MBA/PGDM

₹ 25.9 Lakhs

M.Phil/Ph.D in Management

₹ 12.45 Lakhs


India todayranking 6 out of 270 in 2026

MBA ESG
MBA ESG logo

MBA ESG

Bangalore, Karnataka


MBA/PGDM

₹ 17 Lakhs



IIML - Indian Institute of Management
IIML - Indian Institute of Management logo

IIML - Indian Institute of Management

Lucknow, Uttar Pradesh | UGC, AACSB, AMBA Accredited

7/10 (3 Reviews)

MBA/PGDM

₹ 14.95 Lakhs

Executive MBA

₹ 26.25 Lakhs


India todayranking 3 out of 270 in 2026

Narayana Business School - [NBS]
Narayana Business School - [NBS] logo

Narayana Business School - [NBS]

Ahmedabad, Gujarat | AICTE, UGC Accredited

8/10 (6 Reviews)

MBA/PGDM

₹ 29.55 Lakhs


India todayranking 104 out of 270 in 2026

IIMK - Indian Institute of Management
IIMK - Indian Institute of Management logo

IIMK - Indian Institute of Management

Kozhikode, Kerala | AACSB, AMBA Accredited


MBA/PGDM

₹ 25.17 Lakhs

BBA/BBM

₹ 7.47 Lakhs


Financial Timesranking 65 out of 100 in 2026

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IIM Mumbai - Indian Institute of Management
IIM Mumbai - Indian Institute of Management logo

IIM Mumbai - Indian Institute of Management

Mumbai, Maharashtra | AICTE Accredited

8.7/10 (4 Reviews)

Graduate Diploma in Management

₹ 26.25 K

MBA/PGDM

₹ 25.5 Lakhs


IIRFranking 10 out of 100 in 2026

JBIMS
JBIMS logo

JBIMS

Mumbai, Maharashtra | AICTE Accredited

9/10 (1 Reviews)

MBA/PGDM

₹ 7 Lakhs

MMS

₹ 13.52 Lakhs


India todayranking 19 out of 270 in 2026

Lal Bahadur Shastri Institute of Management - [LBSIM]
Lal Bahadur Shastri Institute of Management - [LBSIM] logo

Lal Bahadur Shastri Institute of Management - [LBSIM]

New Delhi, Delhi NCR | AICTE, NBA, AIU Accredited

7.5/10 (5 Reviews)

MBA/PGDM

₹ 18.4 Lakhs

M.Phil/Ph.D in Management

₹ 65 K


India todayranking 38 out of 270 in 2026

TISS Tata Institute of Social Sciences
TISS Tata Institute of Social Sciences logo

TISS Tata Institute of Social Sciences

Mumbai, Maharashtra | UGC Accredited


MBA/PGDM

₹ 1.3 Lakhs

M.Phil/Ph.D in Management

₹ 1.47 Lakhs


Zollege.inranking 15 out of 300 in 2025

Jagdish Sheth School of Management - [JAGSOM]
Jagdish Sheth School of Management - [JAGSOM] logo

Jagdish Sheth School of Management - [JAGSOM]

Bangalore, Karnataka | AICTE, NBA Accredited

8.1/10 (6 Reviews)

MBA/PGDM

₹ 5 Lakhs


India todayranking 29 out of 270 in 2026

Industrial and Management Engineering, IIT Kanpur- [IME IIT]
Industrial and Management Engineering, IIT Kanpur- [IME IIT] logo

Industrial and Management Engineering, IIT Kanpur- [IME IIT]

Kanpur, Uttar Pradesh | AICTE, UGC, NBA Accredited


MBA/PGDM

₹ 8 Lakhs

MMS

₹ 8 Lakhs


IIRFranking 26 out of 100 in 2026

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NSB
NSB logo

NSB

Bangalore, Karnataka | AICTE, UGC Accredited

9.5/10 (2 Reviews)

BBA/BBM

₹ 3.14 Lakhs

MBA/PGDM

₹ 9.8 Lakhs



Indian Institute of Management - [IIMT]
Indian Institute of Management - [IIMT] logo

Indian Institute of Management - [IIMT]

Tiruchirappalli, Tamil Nadu | UGC, AACSB, AMBA Accredited


UG Certificate in Management

₹ 85.5 K

MBA/PGDM

₹ 21 Lakhs


India todayranking 17 out of 270 in 2026

Shailesh J. Mehta School of Management, IIT Bombay - [SJMSOM]

MBA/PGDM

₹ 30.7 Lakhs

M.Phil/Ph.D in Management

₹ 92.7 K


IIRFranking 11 out of 100 in 2026

Indian Institute of Management - [IIMU]
Indian Institute of Management - [IIMU] logo

Indian Institute of Management - [IIMU]

Udaipur, Rajasthan | UGC, AACSB Accredited


MBA/PGDM

₹ 23.22 Lakhs

Executive MBA

₹ 14.21 Lakhs


India todayranking 14 out of 270 in 2026

MIT World Peace University - [MIT-WPU]
MIT World Peace University - [MIT-WPU] logo

MIT World Peace University - [MIT-WPU]

Pune, Maharashtra | UGC Accredited

7.6/10 (153 Reviews)

MBA/PGDM

₹ 38.5 Lakhs

BBA/BBM

₹ 21 Lakhs


IIRFranking 58 out of 120 in 2026

IIFT Delhi Indian Institute of Foreign Trade
IIFT Delhi Indian Institute of Foreign Trade logo

IIFT Delhi Indian Institute of Foreign Trade

New Delhi, Delhi NCR | UGC Accredited


MBA/PGDM

₹ 21.92 Lakhs

Online MBA

₹ 10.55 Lakhs


India todayranking 8 out of 270 in 2026

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Muthoot Business School

MBA/PGDM

₹ 10.06 Lakhs



Indian Institute of Management - [IIM]

MBA/PGDM

₹ 11.2 Lakhs

M.Phil/Ph.D in Management

₹ 5.1 Lakhs


India todayranking 27 out of 270 in 2026

Management Education & Research Institute - [MERI]
Management Education & Research Institute - [MERI] logo

Management Education & Research Institute - [MERI]

New Delhi, Delhi NCR | AICTE, MHRD Accredited

7.3/10 (25 Reviews)

BBA/BBM

₹ 1.66 Lakhs

MBA/PGDM

₹ 8.1 Lakhs


TOIranking 48 out of 100 in 2026

University of Delhi, Department of Financial Studies - [DFS]

MBA/PGDM

₹ 49.82 K

M.Phil/Ph.D in Management

₹ 21.39 K


Zollege.inranking 43 out of 300 in 2025

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

RV University - [RVU]

Bangalore, Karnataka | UGC Accredited

7.8/10 (21 Reviews)

BBA/BBM

₹ 2.41 Lakhs

Executive MBA

₹ 1.5 Lakhs


India todayranking 92 out of 270 in 2026

Department of Business Economics, University of Delhi - [DBE]

BBA/BBM

₹ 49.85 K

MBA/PGDM

₹ 95.31 K


India todayranking 47 out of 270 in 2026

Institute for Future Education, Entrepreneurship and Leadership - [iFEEL]

MBA/PGDM

₹ 25.67 Lakhs


TOIranking 34 out of 100 in 2026

SIMSREE
SIMSREE logo

SIMSREE

Mumbai, Maharashtra | AICTE Accredited


MMS

₹ 4.59 Lakhs

M.Phil/Ph.D in Management

₹ 35.53 K


India todayranking 31 out of 270 in 2026

IILM Institute for Business & Management [IILM-IBM]
IILM Institute for Business & Management [IILM-IBM] logo

IILM Institute for Business & Management [IILM-IBM]

Gurgaon, Haryana | AICTE Accredited


BBA/BBM

₹ 67.8 Lakhs

BHM (Hospital)

₹ 31.6 Lakhs


Zollege.inranking 55 out of 300 in 2025

KIIT School of Management - [KSOM]
KIIT School of Management - [KSOM] logo

KIIT School of Management - [KSOM]

Bhubaneswar, Odisha | AICTE, UGC, NBA Accredited

8.3/10 (7 Reviews)

BBA/BBM

₹ 4.29 Lakhs

MBA/PGDM

₹ 18.01 Lakhs


IIRFranking 30 out of 120 in 2026

Institute of Management, Nirma University

MBA/PGDM

₹ 39.33 Lakhs

UG Diploma in Management

₹ 58.5 K


IIRFranking 9 out of 120 in 2026

Masters' Union
Masters' Union logo

Masters' Union

Gurgaon, Haryana

8.8/10 (6 Reviews)

BBA/BBM

₹ 15.9 Lakhs

UG Diploma in Management

₹ 15.9 Lakhs



Atria Institute of Technology
Atria Institute of Technology logo

Atria Institute of Technology

Bangalore, Karnataka | AICTE, NBA Accredited

7.4/10 (29 Reviews)

MBA/PGDM

₹ 1.39 Lakhs


TOIranking 75 out of 100 in 2026

FORE School of Management - [FSM]
FORE School of Management - [FSM] logo

FORE School of Management - [FSM]

New Delhi, Delhi NCR | AICTE Accredited

7.5/10 (7 Reviews)

MBA/PGDM

₹ 20.77 Lakhs

Executive MBA

₹ 1 Lakhs


ranking 147 out of 200 in 2026

Maharishi Markandeshwar - [MMU]
Maharishi Markandeshwar - [MMU] logo

Maharishi Markandeshwar - [MMU]

Ambala, Haryana | DCI, AICTE, MCI, BCI, UGC Accredited

7.8/10 (62 Reviews)

MBA/PGDM

₹ 3.24 Lakhs

Graduate Diploma in Management

₹ 50 K


India todayranking 160 out of 270 in 2026

IMT - Institute of Management Technology
IMT - Institute of Management Technology logo

IMT - Institute of Management Technology

Ghaziabad, Uttar Pradesh | AICTE, NBA, AIU Accredited

8.6/10 (6 Reviews)

MBA/PGDM

₹ 13 Lakhs

PG Diploma in Management

₹ 20.7 Lakhs


India todayranking 13 out of 270 in 2026

Kalinga Institute of Industrial Technology - [KIIT]
Kalinga Institute of Industrial Technology - [KIIT] logo

Kalinga Institute of Industrial Technology - [KIIT]

Bhubaneswar, Odisha | DCI, AICTE, INC, MCI, BCI Accredited

7.9/10 (511 Reviews)

MBA/PGDM

₹ 7.45 Lakhs

BBA/BBM

₹ 4.29 Lakhs


NIRFranking 68 out of 125 in 2025

Amity Business School - [ABS]
Amity Business School - [ABS] logo

Amity Business School - [ABS]

Noida, Uttar Pradesh | AICTE Accredited

8.4/10 (2 Reviews)

MBA/PGDM

₹ 7.24 Lakhs

M.Phil/Ph.D in Management

₹ 1.2 Lakhs


India todayranking 51 out of 270 in 2026

Narsee Monjee Institute of Management Studies - [NMIMS University]
Narsee Monjee Institute of Management Studies - [NMIMS University] logo

Narsee Monjee Institute of Management Studies - [NMIMS University]

Bangalore, Karnataka | AICTE, AMBA Accredited

6.9/10 (9 Reviews)

BBA/BBM

₹ 3.25 Lakhs

MBA/PGDM

₹ 11 Lakhs


IIRFranking 44 out of 120 in 2026

IILM Institute for Higher Education
IILM Institute for Higher Education logo

IILM Institute for Higher Education

New Delhi, Delhi NCR | AICTE Accredited


BBA/BBM

₹ 21 Lakhs

MBA/PGDM

₹ 12.9 Lakhs


IIRFranking 47 out of 120 in 2026

Global Academy of Technology - [GAT]
Global Academy of Technology - [GAT] logo

Global Academy of Technology - [GAT]

Bangalore, Karnataka | AICTE Accredited

6.9/10 (35 Reviews)

MBA/PGDM

₹ 6 Lakhs



School of Management, SRM IST
School of Management, SRM IST logo

School of Management, SRM IST

Kanchipuram, Tamil Nadu


BBA/BBM

₹ 1.6 Lakhs

MBA/PGDM

₹ 4.5 Lakhs


Zollege.inranking 74 out of 300 in 2025

Administrative Management College - [AMC]
Administrative Management College - [AMC] logo

Administrative Management College - [AMC]

Bangalore, Karnataka | AICTE Accredited

5.9/10 (9 Reviews)

BBA/BBM

₹ 1.38 Lakhs

MBA/PGDM

₹ 2.74 Lakhs


ranking 25 out of 130 in 2024

Wisdom School of Management - powered by Sunstone

MBA/PGDM

₹ 3.5 Lakhs


Zollege.inranking 75 out of 300 in 2025

Department of Management Science, Savitribai Phule Pune University - [PUMBA]

MBA/PGDM

₹ 4.3 Lakhs

BBA/BBM

₹ 2.1 Lakhs


Zollege.inranking 76 out of 300 in 2025

Cambridge Institute of Technology - [CiTech]
Cambridge Institute of Technology - [CiTech] logo

Cambridge Institute of Technology - [CiTech]

Bangalore, Karnataka | AICTE, NBA Accredited

6.8/10 (36 Reviews)

MBA/PGDM

₹ 2.13 Lakhs



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