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Top 10 MBA Colleges for Finance in India: Rank, Fees, Placement

The finance domain plays a pivotal role in driving business growth, strategic decision-making, and ensuring long-term sustainability. As the Indian economy continues to thrive, the demand for skilled finance professionals has increased, creating abundant opportunities for those pursuing an MBA in Finance. This specialized program equips students with a comprehensive understanding of financial principles, analytical tools, and strategic insights necessary to navigate the complex financial landscape. From investment banking and corporate finance to risk management and financial modelling, an MBA in Finance prepares individuals to excel in a wide array of roles within the financial sector. For aspiring finance professionals seeking to elevate their careers and unlock their true potential, selecting the right MBA program is a critical decision. In this article, we will explore the top MBA colleges for Finance in India that offer exceptional post-graduate programs in Management.

MBA Entrance exams

List of Top MBA Finance Colleges in India

There are many MBA colleges in India that offer courses in Finance. Here, we have mentioned some of the Top B-schools you can aim for, if you are looking for the Top MBA colleges for Finance in India.

CollegesExam AcceptedFeesAverage Package
IIM CalcuttaCAT31 lakh35.07 LPA
IIM AhmedabadCAT25 lakh 34.36 LPA
IIM BangaloreCAT24.5 lakh35.31 LPA
IIM KozhikodeCAT21 lakh27.75 LPA
NMIMS MumbaiNMAT23.90 lakh26.63 LPA
IMI DelhiCAT, XAT, GMAT18.2 lakh17.01 LPA
NIBM PuneCAT, XAT, CMAT, GMAT, GRE16.2 lakh 15.22 LPA
TAPMI ManipalNMAT, CAT, XAT, GMAT17.34 lakh14.6 LPA

Also Read: Top MBA Colleges for Marketing in India

1. Indian Institute of Management Calcutta (IIMC)

IIM Calcutta top mba college for Finance in India
Indian Institute of Management, Calcutta

The Indian Institute of Management Calcutta (IIMC) was established as the first national institute for Post-Graduate studies and Research in Management by the Government of India in November 1961. IIM Calcutta is listed among the top MBA Colleges for Finance in India and is also known for fostering excellent credentials in the Other domain as well. The main campus of IIM Calcutta, covering 135 acres of area, is located in Joka, on the outskirts of Kolkata.
IIM Calcutta offers a two-year full-time MBA, a one-year full-time Post Graduate Diploma(PGPEX-VLM), a one-year full-time MBA for experienced executives(MBAEx), a Doctorate in Business Administration programme, a two-year full-time Post Graduate Diploma in Business Analytics, and a one-year full-time programme in Healthcare Management.

  • Fees: 31 lakh
  • Average Package: 35.07 LPA
  • Highest Package: 1.2 CPA
  • Batch Size: 462 Students

2. IIM Ahmedabad

IIM A is Top MBA College in India for Finance
Indian Institute of Management, Ahmedabad

IIM Ahmedabad is considered to be the most Prestigious Management Institution in India. It is popularly known as the Mecca Of Marketing, and is also known for fostering excellent credentials in Finance and consulting domain. An MBA degree from IIM Ahmedabad is the most sought-after by many CAT aspirants. The Campus has Iconic architecture, and vast green spaces, inhabited by the world’s liveliest minds, spread over 102 lush acres in the heart of Ahmedabad.
IIM Ahmedabad offers Various Programs, and the two-year full-time Post Graduate Programme in Management (PGP) is the flagship MBA programme of IIMA.

  • Fees: 25 lakh
  • Average Package: 34.36 LPA
  • Highest Package: 1.15 CPA
  • Batch Size: 455 Students

Also Read: Top MBA Colleges with Best-ROI

3. IIM Bangalore

IIM Bangalore best B-school for Finance in India
Indian Institute of Management, Bangalore

IIM Bangalore was established in the year 1973, it was the third IIM to be established in the country.
The college offers various Post-graduation programmes, executive education programmes and specialized courses in areas such as entrepreneurship and public policy Particularly known as, Doctor of Philosophy (PhD), ~ 5 years, Full-time; Master of Management Studies (Public Policy), (MMS(PP)), 1 year, Full-time; Master of Business Administration (MBA), 2 years, weekend; Master of Business Administration (MBA), 1 year, Full-time; Master of Business Administration (MBA), 2 years, Full-time; Executive Education Programme (EEP).

  • Fees: 24.5 lakh
  • Average Package: 35.31 LPA
  • Highest Package: 80 LPA
  • Batch Size: 512 Students

4. IIM Kozhikode

IIM Kozhikode, top MBA college for Finance in India.
Indian Institute of Management, Kozhikode

IIM Kozhikode was set up in 1996 by the Government of India in collaboration with the State Government of Kerala. The Campus of the Indian Institute of Management Kozhikode spreads over 112.5 acres and is situated in the Kunnamangalam Area of the ancient city of Calicut in Kerala. It offers various Academic and Executive Programmes in Management.
The Institute is counted among the Top MBA colleges for Finance in India.

  • Fees: 22.5 lakh
  • Average Package: 29.23 LPA
  • Highest Package: 67.02 LPA
  • Batch Size: 483 Students

Also Read: Top MBA Colleges in Mumbai

5. JBIMS, Mumbai

JBIMS Mumbai, MBA college for Finance
Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai

Jamnalal Bajaj Institute of Management Studies was founded in 1965 by the University of Mumbai. JBIMS has been a pioneer in management education and is counted among the Top MBA colleges for Finance in India. It is consistently ranked among the top 10 premier B-schools in the country with a legacy spanning over the past 52 years.

The Masters in Management Studies offered at the JBIMS is its flagship course. A two-year, full-time post-graduate MBA course was started in 1965 and since then, has been updated periodically to match the needs of the corporate world. This college has nurtured many prominent leaders, it is also known as the CEO Factory of India. In the second year of this program, specializations are offered, such as Finance, Marketing, Operations, Systems, and Personnel.

  • Fees: 6 lakh
  • Average Package: 28.02 LPA
  • Highest Package: 35.75 LPA
  • Batch Size: 150 Students

6. Narsee Monjee Institute of Management Studies (NMIMS), Mumbai

NMIMS Mumbai, Top mba colleges for Finance in India
Narsee Monjee Institute of Management Studies (NMIMS), Mumbai

NMIMS Mumbai is one of the best MBA colleges in India. Narsee Monjee Institute of Management Studies (abbreviated as SVKM’s NMIMS) is a private deemed university located in Mumbai. What started with baby steps in 1981, NMIMS has today emerged as a globally reputed university.

NMIMS Mumbai Programme and the courses Offered By NMIMS Mumbai include MBA, MBA-HRM, MBA- Pharmaceutical Management with a wide range of specializations.

  • Fees: 24 lakh
  • Average Package: 26.63 LPA
  • Highest Package: 67.80 LPA
  • Batch Size: 600 Students

Also Read: Top MBA Colleges in Delhi-NCR

7. IMI, Delhi

IMI New Delhi, Finance college in India
International Management Institute (IMI), New Delhi

IMI New Delhi was set up in the year 1981 and is India’s first corporate-sponsored business school. IMI is listed among top MBA College for Finance in India. The Institute offers AICTE-approved, two-year Post Graduate Diploma in Management (PGDM), PGDM (HRM), PGDM (B&FS), the 18-month PGDM for experienced professionals, and the Fellow Programme in Management (FPM). Owing to its location, the Institute enjoys strong industry linkages with organizations across sectors such as IT, Consulting, Financial Services, Consumer Goods, E-commerce, and Automotive.

  • Fees: 18.2 lakh
  • Average Package: 17.01 LPA
  • Highest Package: 50 LPA
  • Batch Size: 341 Students

Also Read: Top MBA Colleges For Operations in India

9. NIBM Pune

NIBM, a top college for Finance in India
National Institute of Bank Management, Pune

The National Institute of Bank Management (NIBM) was established in 1969 by the Reserve Bank of India, in consultation with the Government of India, as an autonomous institution for research, training, education and consultancy in bank management. The NIBM’s campus spreads over 62 acre plot, with minimum distraction and pollution. This self-contained campus offers complete residential accommodation for faculty, staff and students. It it often listed among the top mba colleges for Finance in India.

  • Fees: 16.2 lakh
  • Average Package: 15.22 LPA
  • Highest Package: 23.50 LPA
  • Batch Size: 120 Students

8. TAPMI Manipal

TAPMI Manipal B-School Overview
T.A. Pai Management Institute (TAPMI), Manipal

T.A. Pai Management Institute (TAPMI) is a private autonomous business school in India. It was established in the year 1980 and is located in the university town of Manipal in Karnataka. TAPMI offers six post-graduate management programs, MBA; MBA-BKFS; MBA-HRM; MBA-Marketing; MBA-IB; and MBA-Technology Management.

  • Fees: 17.34 lakh
  • Average Package: 14.6 LPA
  • Highest Package: 24.80 LPA
  • Batch Size: 420 Students

Also Read: Top MBA Colleges in Kolkata


IFMR Graduate School of Business was established in year 1970. It comes under the Umbrella of KREA University. IFMR GSB’s new campus is at the heart of the fast-growing Sri City, a 5000-acre Special Economic Zone (SEZ) situated 70 km north of Chennai. It offers prestigious Masters Program in Business Administration. Full-time MBA program at IFMR GSB provides quality management education with a strong foundation in Finance. The Institute is listed among top MBA College for Finance in India.

  • Fees: 14.56 lakh
  • Average Package: 13.50 LPA
  • Highest Package: 22.90 LPA
  • Batch Size: 184 Students

Where to Prepare For CAT 2024?

In order to get into these top colleges one needs to clear MBA Entrance Exams. If you are looking for structured CAT preparation along with 24*7 doubt-solving, you can rely on iQuanta’s CAT 2024 Course. Practice the most relevant CAT-level content with iQuanta.

CAT 2024
Indrajeet Singh
Indrajeet Singh
The mastermind behind IQuanta, Indrajeet Singh is an expert in Quant and has devised some ingenious formulae and shortcuts to significantly cut down on the time taken to solve a problem

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