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

IIMK - Indian Institute of Management

Kozhikode, Kerala | AACSB, AMBA Accredited


MBA/PGDM - Master of Business Administration

₹ 1.7 Lakhs


Financial Timesranking 65 out of 100 in 2026

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 - Master of Business Administration

₹ 5 Lakhs


India todayranking 29 out of 270 in 2026

MBA ESG
MBA ESG logo

MBA ESG

Bangalore, Karnataka


No Fees Found



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 - Master of Business Administration

₹ 3.92 Lakhs


IIRFranking 26 out of 100 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 - Master of Business Administration

₹ 18.4 Lakhs


India todayranking 38 out of 270 in 2026

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

MBA/PGDM - Master of Business Administration

₹ 49.82 K


Zollege.inranking 43 out of 300 in 2025

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Presidency University
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Presidency University

Bangalore, Karnataka | AICTE, UGC Accredited

7.2/10 (104 Reviews)


India todayranking 174 out of 270 in 2026

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

MBA/PGDM - Master of Business Administration

₹ 50.42 K


India todayranking 47 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


MBA/PGDM - Master of Business Administration

₹ 25.2 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)

MBA/PGDM - Master of Business Administration

₹ 18.01 Lakhs


IIRFranking 30 out of 120 in 2026

Institute of Management, Nirma University

MBA/PGDM - Master of Business Administration

₹ 4.59 Lakhs


IIRFranking 9 out of 120 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 - Master of Business Administration

₹ 20.77 Lakhs


ranking 147 out of 200 in 2026

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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 - Master of Business Administration

₹ 13 Lakhs


India todayranking 13 out of 270 in 2026

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 - Master of Business Administration

₹ 7.9 Lakhs


India todayranking 51 out of 270 in 2026

Alliance University
Alliance University logo

Alliance University

Bangalore, Karnataka | AICTE, BCI, UGC, AACSB Accredited

7.7/10 (47 Reviews)


IIRFranking 40 out of 120 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)

MBA/PGDM - Master of Business Administration

₹ 11 Lakhs


IIRFranking 44 out of 120 in 2026

Chanakya University -[CU]
Chanakya University -[CU] logo

Chanakya University -[CU]

Bangalore, Karnataka

7.8/10 (6 Reviews)



IILM Institute for Higher Education
IILM Institute for Higher Education logo

IILM Institute for Higher Education

New Delhi, Delhi NCR | AICTE Accredited


MBA/PGDM - Master of Business Administration

₹ 12.9 Lakhs


IIRFranking 47 out of 120 in 2026

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

Narayana Business School - [NBS]

Ahmedabad, Gujarat | AICTE, UGC Accredited

8/10 (6 Reviews)


India todayranking 104 out of 270 in 2026

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

School of Management, SRM IST

Kanchipuram, Tamil Nadu


MBA/PGDM - Master of Business Administration

₹ 5.75 Lakhs


Zollege.inranking 74 out of 300 in 2025

Wisdom School of Management - powered by Sunstone

MBA/PGDM - Master of Business Administration

₹ 3.5 Lakhs


Zollege.inranking 75 out of 300 in 2025

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

MBA/PGDM - Master of Business Administration

₹ 4.3 Lakhs


Zollege.inranking 76 out of 300 in 2025

Department of Management Studies,  Netaji Subhas University of Technology - [NSUT]

MBA/PGDM - Master of Business Administration

₹ 5.95 Lakhs


India todayranking 251 out of 270 in 2026

Symbiosis Institute of Management Studies - [SIMS]
Symbiosis Institute of Management Studies - [SIMS] logo

Symbiosis Institute of Management Studies - [SIMS]

Pune, Maharashtra | AICTE Accredited


MBA/PGDM - Master of Business Administration

₹ 14.2 Lakhs


IIRFranking 45 out of 120 in 2026

PES University - [PESU]
PES University - [PESU] logo

PES University - [PESU]

Bangalore, Karnataka | AICTE, UGC Accredited

7.7/10 (84 Reviews)

MBA/PGDM - Master of Business Administration

₹ 7.31 Lakhs


IIRFranking 35 out of 122 in 2025

Pondicherry University - [PU]
Pondicherry University - [PU] logo

Pondicherry University - [PU]

Pondicherry, Puducherry | NCTE, AICTE Accredited

7/10 (93 Reviews)

MBA/PGDM - Master of Business Administration

₹ 80.05 K


ranking 15 out of 25 in 2026

School of Management Studies, MNNIT - [SMS]
School of Management Studies, MNNIT - [SMS] logo

School of Management Studies, MNNIT - [SMS]

Allahabad, Uttar Pradesh | AICTE Accredited


MBA/PGDM - Master of Business Administration

No Fees Found


Zollege.inranking 92 out of 300 in 2025

Woxsen School of Business - [WSB]

MBA/PGDM - Master of Business Administration

₹ 10.98 Lakhs


IIRFranking 7 out of 120 in 2026

NSB
NSB logo

NSB

Bangalore, Karnataka | AICTE, UGC Accredited

9.5/10 (2 Reviews)



Delhi School of Management, DTU - [DSM]

MBA/PGDM - Master of Business Administration

₹ 2.29 Lakhs


Zollege.inranking 98 out of 300 in 2025

School of Business and Management, Christ University
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School of Business and Management, Christ University

Bangalore, Karnataka | UGC Accredited


MBA/PGDM - Master of Business Administration

₹ 5.88 Lakhs


India todayranking 2 out of 232 in 2026

College of Engineering - [COEP]
College of Engineering - [COEP] logo

College of Engineering - [COEP]

Pune, Maharashtra | AICTE, NBA Accredited

7.8/10 (55 Reviews)

MBA/PGDM - Master of Business Administration

₹ 11.85 Lakhs


IIRFranking 44 out of 100 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)


IIRFranking 58 out of 120 in 2026

Atal Bihari Vajpayee Indian Institute of Information Technology and Management - [ABVIIITM]

MBA/PGDM - Master of Business Administration

₹ 2.79 Lakhs


ranking 22 out of 25 in 2026

Firebird Institute of Research in Management
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Firebird Institute of Research in Management

Coimbatore, Tamil Nadu | AICTE, MHRD Accredited



India todayranking 234 out of 270 in 2026

International School of Business and Media - [ISB&M] Nande

MBA/PGDM - Master of Business Administration

₹ 14.29 Lakhs


India todayranking 65 out of 270 in 2026

GNIOT Group of Institutions - [GNIOT]
GNIOT Group of Institutions - [GNIOT] logo

GNIOT Group of Institutions - [GNIOT]

Greater Noida, Uttar Pradesh | AICTE, PCI, INC, BCI Accredited

7.2/10 (43 Reviews)

No Fees Found


ranking 81 out of 200 in 2025

Rajagiri Centre for Business Studies - [RCBS]
Rajagiri Centre for Business Studies - [RCBS] logo

Rajagiri Centre for Business Studies - [RCBS]

Kochi, Kerala | AICTE, NBA, AIU Accredited


MBA/PGDM - Master of Business Administration

₹ 1.5 Lakhs


India todayranking 44 out of 270 in 2026

Muthoot Business School

No Fees Found



UPES, School of Business
UPES, School of Business logo

UPES, School of Business

Dehradun, Uttarakhand | UGC Accredited

7.2/10 (17 Reviews)

MBA/PGDM - Master of Business Administration

₹ 17.33 Lakhs


IIRFranking 38 out of 120 in 2026

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

RV University - [RVU]

Bangalore, Karnataka | UGC Accredited

7.8/10 (21 Reviews)

No Fees Found


India todayranking 92 out of 270 in 2026

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

No Fees Found


TOIranking 34 out of 100 in 2026

DY Patil PGDM Institute Akurdi
DY Patil PGDM Institute Akurdi logo

DY Patil PGDM Institute Akurdi

Pune, Maharashtra | AICTE Accredited


No Fees Found



Atria Institute of Technology
Atria Institute of Technology logo

Atria Institute of Technology

Bangalore, Karnataka | AICTE, NBA Accredited

7.4/10 (29 Reviews)


TOIranking 75 out of 100 in 2026

Samalkha Group of Institutions - [SGI]
Samalkha Group of Institutions - [SGI] logo

Samalkha Group of Institutions - [SGI]

Panipat, Haryana | AICTE Accredited


No Fees Found



Vivekananda Global University - [VGU]
Vivekananda Global University - [VGU] logo

Vivekananda Global University - [VGU]

Jaipur, Rajasthan | AICTE, COA, PCI, BCI, ICAR Accredited

7.5/10 (94 Reviews)


India todayranking 263 out of 270 in 2026

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