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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 Sambalpur
IIM Sambalpur logo

IIM Sambalpur

Sambalpur, Odisha | MHRD Accredited

9/10 (1 Reviews)

Online MBA

₹ 6.55 Lakhs


India todayranking 32 out of 270 in 2026

Prin. L. N. Welingkar Institute of Management Development & Research - [WeSchool]

Online MBA

₹ 1.26 Lakhs


India todayranking 43 out of 270 in 2026

IMS Unison University - [IUU]
IMS Unison University - [IUU] logo

IMS Unison University - [IUU]

Dehradun, Uttarakhand | AICTE, BCI, NBA Accredited

8.6/10 (18 Reviews)

Online MBA

No Fees Found


India todayranking 218 out of 270 in 2026

ICFAI University
ICFAI University logo

ICFAI University

Gangtok, Sikkim | BCI, UGC, DEB Accredited

6.9/10 (2 Reviews)

Online MBA

₹ 1.32 Lakhs


India todayranking 87 out of 232 in 2026

Pacific Institute of Engineering and Management - [PIEM]

Online MBA

₹ 28.5 K



Narmada College of Management - [NCM]
Narmada College of Management - [NCM] logo

Narmada College of Management - [NCM]

Bharuch, Gujarat | AICTE Accredited

10/10 (2 Reviews)

Online MBA

₹ 1.85 Lakhs



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Knowledge Institute of Technology - [KIOT]
Knowledge Institute of Technology - [KIOT] logo

Knowledge Institute of Technology - [KIOT]

Salem, Tamil Nadu | NBA Accredited

8.3/10 (6 Reviews)

Online MBA

₹ 35 K



Dr. V.R. Godhania College of Engineering & Technology - [DRVRGCET]

Online MBA

₹ 63 K



Shoolini Online
Shoolini Online logo

Shoolini Online

Solan, Himachal Pradesh | UGC Accredited


Online MBA

₹ 1.18 Lakhs



Directorate of Open & Distance Learning, GNDU - [ODL GNDU]

Online MBA

₹ 79 K



Indira Gandhi National Open University - [IGNOU]
Indira Gandhi National Open University - [IGNOU] logo

Indira Gandhi National Open University - [IGNOU]

New Delhi, Delhi NCR | NCTE, AICTE Accredited

5.6/10 (165 Reviews)

Online MBA

₹ 32.7 K



Jain (Deemed-to-be University) Online
Jain (Deemed-to-be University) Online logo

Jain (Deemed-to-be University) Online

Bangalore, Karnataka | AICTE, UGC Accredited

6/10 (7 Reviews)

Online MBA

₹ 98 K


IIRFranking 44 out of 120 in 2026

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KL University Online
KL University Online logo

KL University Online

Guntur, Andhra Pradesh | UGC Accredited

8.5/10 (5 Reviews)

Online MBA

₹ 1.77 Lakhs



Yenepoya University
Yenepoya University logo

Yenepoya University

Mangalore, Karnataka | UGC Accredited

7.3/10 (142 Reviews)

Online MBA

₹ 28 K



Manipal University Online
Manipal University Online logo

Manipal University Online

Jaipur, Rajasthan | AICTE, UGC Accredited

7.3/10 (2 Reviews)

Online MBA

₹ 1.75 Lakhs



University of Mysore - [UOM]
University of Mysore - [UOM] logo

University of Mysore - [UOM]

Mysore, Karnataka | UGC, AIU Accredited

7.3/10 (18 Reviews)

Online MBA

₹ 1.28 Lakhs



Annamalai University, Directorate of Distance Education
Annamalai University, Directorate of Distance Education logo

Annamalai University, Directorate of Distance Education

Annamalai, Tamil Nadu | NCTE, UGC Accredited


Online MBA

₹ 17 K



Andhra University, School of Distance Education

Online MBA

₹ 51.3 K



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UPES Centre for Continuing Education
UPES Centre for Continuing Education logo

UPES Centre for Continuing Education

Dehradun, Uttarakhand | AICTE, UGC, DEB Accredited


Online MBA

₹ 1.91 Lakhs



Shri Shankaracharya Group of Institutions - [SSGI]
Shri Shankaracharya Group of Institutions - [SSGI] logo

Shri Shankaracharya Group of Institutions - [SSGI]

Bhilai, Chhattisgarh | AICTE Accredited

5.9/10 (5 Reviews)

Online MBA

₹ 77.58 K



Pondicherry University, Directorate of Distance Education - [DDE]

Online MBA

₹ 40 K



Uttar Pradesh Rajarshi Tandon Open University - [UPRTOU]
Uttar Pradesh Rajarshi Tandon Open University - [UPRTOU] logo

Uttar Pradesh Rajarshi Tandon Open University - [UPRTOU]

Allahabad, Uttar Pradesh | NCTE, RCI, UGC, DEB Accredited

8/10 (3 Reviews)

Online MBA

₹ 16.8 K


IIRFranking 61 out of 75 in 2026

University of Madras, Institute of Distance Education
University of Madras, Institute of Distance Education logo

University of Madras, Institute of Distance Education

Chennai, Tamil Nadu | UGC Accredited

4.7/10 (2 Reviews)

Online MBA

₹ 20.15 K



Karnataka State Open University - [KSOU]
Karnataka State Open University - [KSOU] logo

Karnataka State Open University - [KSOU]

Mysore, Karnataka | UGC Accredited


Online MBA

₹ 32.89 K



Utkal University, Directorate of Distance and Continuing Education - [DDCE]

Online MBA

₹ 40.88 K



Madurai Kamaraj University, Directorate of Distance Education - [MKUDDE]

Online MBA

₹ 19.25 K



Hindustan College of Arts and Science - [HCAS]

Online MBA

₹ 21.75 K


India todayranking 105 out of 232 in 2026

Evolve Business School - [EBS]
Evolve Business School - [EBS] logo

Evolve Business School - [EBS]

Navi Mumbai, Maharashtra


Online MBA

No Fees Found



Shri RGP Gujarati Professional Institute - [SRGPGPI]
Shri RGP Gujarati Professional Institute - [SRGPGPI] logo

Shri RGP Gujarati Professional Institute - [SRGPGPI]

Indore, Madhya Pradesh | AICTE Accredited

9/10 (1 Reviews)

Online MBA

₹ 35 K



Chennai Business School - [CBS]
Chennai Business School - [CBS] logo

Chennai Business School - [CBS]

Chennai, Tamil Nadu | AICTE Accredited


Online MBA

₹ 6 Lakhs



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