With B-School final selection process towards in its last leg, students have in front of them multiple options to choose from. To help students choose the right college I have created a ranking for top MBA finance colleges in India.

In an earlier article posted by me “Jayein toh Jayein kahaan 2019: Top MBA Colleges” I had discussed and ranked some top institutes based on a combination of various parameters such as placement, alumni feedback, faculty, ROI, etc.

However, numerous aspirants have approached me to help them select a B-School that would suit their need of a specialization; thus, this is an effort to help students identify an ideal MBA college for their desired specialization.

Numerous articles are to follow from here with rankings of top MBA colleges on different parameters. In this particular article “Top MBA colleges for Finance”, I have ranked MBA colleges in order of their preference for finance in India.

Before, I venture into the rankings for Top MBA finance colleges in India; I would also want to answer some commonly asked question:

 “What is MBA in Finance?”

MBA in Finance specialization would be focused on various business aspects related to finance such as accounting, financial economies, investments, investment analysis, corporate valuation, taxation, financial planning, corporate finance etc.

Various career options you could look at after MBA in Finance are:

  • Relationship Manager
  • Wealth Manager
  • Investment Banker
  • Financial Consultant
  • Research Analyst

Why MBA in Finance?

MBA in Finance currently stands at one of the top picked courses by students going in for MBA as well as professionals seeking to climb up the career ladder. The career in finance:

  • promises high paid salaries in both national and multi-national companies
  • brings lucrative career opportunities
  • is industry independent

A lot of students interested in MBA Finance also go ahead and do CFA and FRM during their MBA which projects them as Finance specialists. However, you should avoid going for those extra certifications if you are not sure about which one to pick.

Who should opt for MBA in Finance?

If you have a knack for numbers, then MBA in Finance is a specialization you could opt for if your interest doesn’t lie anywhere else. Even those who have not studied mathematics in graduation or high school or even those who have not performed well in mathematics previously can opt for MBA in Finance if they are motivated enough to handle numbers.

If you are sure MBA in Finance is the career option for you then, choosing an MBA college to lay foundation for this career option is very critical such that it could provide the best possible kickstart to your career in finance.

My order of preference for MBA Colleges for Finance is given in the table below. Please note that this should not be misunderstood as a ranking of MBA institutes/programs.

The institutes/programs of different levels are placed in different clusters and within a cluster the ones on top are preferred over the lower ones. However, institutes within 2-3 places of each other are at par and you could choose any of them.

Finally, do not rely only on this table, do check the other sources (especially current and past students) as well and take an informed decision looking at all factors that are important for you.

My preference for Top MBA finance colleges in India

Top MBA finance colleges in India: Cluster 1

  1. Indian Institute of Management
  (IIM-C)
  
  Kolkata
  
  PGDM
  
  2. Indian Institute of Management
  (IIM-A)
  
  Ahmedabad
  
  PGP
  
  3. Indian Institute of Management
  (IIM-B)
  
  Bengaluru
  
  PGP
  
  4. Faculty of Management Studies
  (FMS) – Delhi University
  
  New Delhi
  
  MBA
  
  5. Indian School of Business (ISB)
  
  Hyderabad
  
  PGP
  
  6. Indian Institute of Management
  (IIM-L)
  
  Lucknow
  
  PGPM
  
  7. Xavier Labour Research Institute
  (XLRI)
  
  Jamshedpur
  
  BM
  
  8. Jamnalal Bajaj Institute of
  Management Studies (JBIMS)
  
  Mumbai
  
  MMS
  
  9. Management Development Institute
  (MDI)
  
  Gurgaon
  
  PGPM
  
  10. SP Jain Institute of Management
  & Research (SPJIMR)
  
  Mumbai
  
  PGDM
  
Top MBA finance colleges in India: Cluster 2

  11. Indian Institute of Management
  (IIM-K)
  
  Kozhikode
  
  PGP
  
  12. Indian Institute of Management (IIM-I)
  
  Indore
  
  PGPM
  
  13. Indian Institute of Foreign Trade
  (IIFT)
  
  New Delhi
  
  MBA
  
  14. Indian Institute of Foreign Trade
  (IIFT)
  
  Kolkata
  
  MBA
  
  15. Indian Institute of Management
  (IIM-L)
  
  Lucknow
  
  ABM
  
  16. Indian Institute of Management
  Shillong
  
  Shillong
  
  PGPM
  
  17. Indian Institute of Technology
  Bombay – SJSOM
  
  Mumbai
  
  M. MANAGEMENT
  
  18. Indian Institute of Technology
  Delhi – DMS
  
  New Delhi
  
  MBA
  
Top MBA finance colleges in India: Cluster 3

  19. Indian Institute of Management Trichy
  
  Trichy
  
  PGPM
  
  20. Indian Institute of Management Ranchi
  
  Ranchi
  
  PGDM
  
  21. Indian Institute of Management Udaipur
  
  Udaipur
  
  PGP
  
  22. Symbiosis Institute of Business
  Management (SIBM)
  
  Pune
  
  MBA
  
  23. Symbiosis Centre for Management
  and HRD (SCMHRD)
  
  Pune
  
  MBA
  
  24. Narsee Monjee Institute of
  Management Studies (NMIMS)
  
  Mumbai
  
  Core
  
  25. Indian Institute of Management
  Raipur
  
  Raipur
  
  PGP
  
  26. Indian Institute of Management
  Rohtak
  
  Rohtak
  
  PGP
  
  27. Indian Institute of Management
  Kashipur
  
  Kashipur
  
  PGP
  
  28. Institute of Management
  Technology (IMT)
  
  Ghaziabad
  
  PGDM
  
  29. International Management
  Institute (IMI)
  
  Delhi
  
  PGDM
  
  30. Indian Institute of Technology
  Kharagpur – VGSOM
  
  Kharagpur
  
  MBA
  
  31. Great Lakes Institute of
  Management (GLIM)
  
  Chennai
  
  PGPM
  
  32. Indian Institute of Technology
  Madras – DMS
  
  Chennai
  
  MBA
  
Top MBA finance colleges in India: Cluster 4

  33. T A Pai Management Institute
  (TAPMI)
  
  Manipal
  
  PGDM
  
  34. Indian Institute of Management
  (IIM-V)
  
  Vishakhapatnam
  
  PGP
  
  35. Indian Institute of Management
  (IIM-N)
  
  Nagpur
  
  PGP
  
  36. Indian Institute of Management
  (IIM-Amritsar)
  
  Amritsar
  
  PGP
  
  37. Indian Institute of Technology
  Kanpur – DMS
  
  Kanpur
  
  MBA
  
  38. Masters in International Business
  (MIB) Delhi School of Economics DU
  
  Delhi
  
  MIB
  
  39. Master of Finance & Control
  (MFC), DU
  
  Delhi
  
  MBA Fin
  
  40.Indian Institute of Management
  (IIM-S)
  
  Sirmaur
  
  PGP
  
  41.Indian Institute of Management
  (IIM-J)
  
  Jammu
  
  PGP
  
  42. Indian Institute of Technology
  Roorkee – DMS
  
  Roorkee
  
  MBA
  
  43. K J Somaiya Institute of
  Management Studies & Research (SIMSR)
  
  Mumbai
  
  PGDM, IB, FM
  
  44. Goa Institute of Management (GIM)
  
  Goa
  
  PGDM
  
  45. Bharathidasan Institute of
  Management (BIM)
  
  Tiruchirapally
  
  MBA
  
  46. Loyola Institute of Business
  Administration (LIBA)
  
  Chennai
  
  PGDM
  
  47. FORE School of Management
  
  New Delhi
  
  PGDM, IB
  

All the best
GP