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Finance is one of the most sought-after MBA specialisations along with consulting, marketing and human resources. Finance is a high-earning field as these people occupy strategic positions in all types of organisations. Many employers prefer MBA finance personnel as they understand both finance and management.
In this article, we will provide details of the top 10 MBA courses with a finance specialisation, the top 10 MBA colleges offering specialised MBA finance programmes and the 10 most affordable MBA finance colleges in India that have either a NIRF 25 or IIRF 26 ranking.
Top MBA colleges in India in 2026 with Finance as a specialisation
Indian Institute of Management (IIM) Calcutta
NIRF 2025 Ranking: 7
IIRF Govt Ranking 26: 2
Program Name: PGP (MBA)
Fees: INR 27 Lakh
Entrance Exam: CAT
Specialisations: Accounting, Finance, Marketing, Operations and more
Average Salary Package: INR 35.07 LPA
Top Recruiters: Adani, HSBC and IBM etc
Indian Institute of Management (IIM), Ahmedabad
NIRF 25 Ranking: 1
IIRF Govt Ranking 26: 1
Program Name: PGP (MBA)
Fees: INR 27.5 Lakh
Entrance Exam: CAT
Specialisations: Finance and Accounting, HRM, Communications, Information Systems etc
Average Salary Package: INR 34.45 LPA
Top Recruiters: PwC, American Express and Tata group...
Indian Institute of Management (IIM), Bangalore
NIRF 25 Ranking: 2
IIRF Govt Ranking 26: 3
Program Name: PGP (MBA)
Fees: INR 28.1 Lakh
Entrance Exam: CAT
Specialisations: Consulting, Finance, operations and Human Resources
Average Salary Package: INR 34.88 LPA
Top Recruiters: Accenture, Boston Consulting Group and Tata Steel...
Faculty of Management Studies, Delhi University (FMS DU)
NIRF 25 Ranking: -
IIRF Govt Ranking 26: 4
Program Name: MBA
Tuition Fees: INR 2.32 Lakh
Entrance Exam: CAT
Specialisations: Finance Management, Operations and Supply Chain
Average Salary Package: INR 34.03 LPA
Top Recruiters: Google, HCL, Tata Steel etc
Xavier School of Management (XLRI), Jamshedpur
NIRF 25 Ranking: 10
IIRF Private Ranking 26: 2
Program Name: PGDM (BM)
Fees: INR 30.60 Lakh
Entrance Exam: XAT
Specialisations: Finance, Economics and Information Systems...
Average Salary Package: INR 31.08 LPA
Top Recruiters: Axis Bank, Yes Bank, etc
SP Jain Institute of Management and Research (SPJIMR), Mumbai
NIRF 25 Ranking: 20
IIRF Private Ranking 26: 1
Program Name: PGDM
Fees: INR 26.50 Lakh
Entrance Exam: CAT and GMAT
Specialisations: Finance, Marketing and Information Management
Average Salary Package: INR 33 LPA
Top Recruiters: Axis Bank, McKinsey
Indian Institute of Management (IIM) Lucknow
NIRF 25 Ranking: 5
IIRF Govt Ranking 26: 5
Program Name: PGP (MBA)
Fees: INR 20.75 Lakh
Entrance Exam: CAT
Specialisations: Finance, Marketing, Consulting, operations etc.
Average Salary Package: INR 32.02 LPA
Top Recruiters: BCG, PwC and EY etc
Symbiosis Institute of Management (SIBM) Pune
NIRF 25 Ranking: 11
IIRF Private Ranking 26: 4
Program Name: MBA
Fees: INR 27.77 Lakh
Entrance Exam: SNAP
Specialisations: Finance, Marketing, HRM, Operations and Supply Chain etc
Average Salary Package: INR 28.33 LPA
Top Recruiters: EY, Accenture etc
Indian School of Business (ISB) Hyderabad and Mohali
NIRF 25 Ranking: NA
IIRF Private Ranking 26: NA
Program Name: PGP
Fees: INR 40,68,640
Entrance Exam: GMAT/GRE with 2 years of work experience
Specialisations: Business Analytics, Finance, Marketing, Consulting and More
Average Salary Package: INR 34.1 lakh
Top Recruiters: Amazon, Microsoft, Goldman Sachs etc.
SJSoM IIT Bombay
NIRF 25 Ranking: 15
IIRF Govt Ranking 26: 11
Program Name: MBA
Fees: INR 15.25 Lakh
Entrance Exam: CAT
Specialisations: Accounting and Finance, Marketing, Operations and Technology Management and more
Average Salary Package: INR 28.1 Lakh
Top Recruiters: Deloitte, Google etc
Top 10 MBA Finance Colleges in 2026 in India
Indian Institute of Management (IIM), Kozhikode
NIRF 25 Ranking: 3
IIRF Govt Ranking 26: 7
Program Name: MBA-Finance
Fees: INR 23.5 Lakh
Entrance Exam: CAT, GMAT
Specialisations: Corporate Finance, Microeconomics, Corporate and Securities Laws..
Average Salary Package: INR 28.05 Lakh
Top Recruiters: JP Morgan, ICICI Bank etc
Management Development Institute (MDI), Gurgaon
NIRF 25 Ranking: 9
IIRF Private Ranking 26: 3
Program Name: PGDM - Banking and Financial Services
Fees: INR 25.99 Lakh
Entrance Exam: CAT
Specialisations: Corporate, Retail and Investment Banking
Average Salary Package: INR 25.06 LPA
Top Recruiters: Tata, Goldman Sachs, JP Morgan
Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai
NIRF 25 Ranking: -
IIRF Govt Ranking 26: 8
Program Name: MSc Finance
Fees: INR 7 Lakh
Entrance Exam: CAT, CMAT and MH-CET
Specialisations: Economics, Corporate Finance, Behavioural Finance
Average Salary Package: INR 26.15 LPA
Top Recruiters: Bloomberg, Tata Capital etc
Institute of Management Technology (IMT), Ghaziabad
NIRF 25 Ranking: 30
IIRF Private Ranking 26: 6
Program Name: PGDM-Banking and Financial Services
Fees: INR 21.53 Lakh
Entrance Exam: CAT, XAT and GMAT
Specialisations: Investment Banking
Average Salary Package: INR 17.2 LPA
Top Recruiters: Citibank, Axis Bank
XIM University Bhubaneswar
NIRF 25 Ranking: - 45
IIRF Private Ranking 26: - 9
Program Name: MMS Business Finance
Fees: INR 12.80 Lakh
Entrance Exam: CAT/XAT/GMAT/XGMT/NMAT
Specialisations: Financial Accounting, Financial Management, Business Economics and more
Average Salary Package: INR 11.3 LPA
Top Recruiters: ICICI Bank, EY, Deloitte etc
Chandigarh University Mohali
NIRF 25 Ranking: - 32
IIRF Private Ranking 26: - 31
Program Name: MBA Finance
Fees: INR 6.04 Lakh
Entrance Exam: CUCET
Specialisations: Core Finance, Capital Market, Applied Finance etc
Average Salary Package: INR 7 LPA
Top Recruiters: KPMG, Bank of America
Fore School of Management, New Delhi
NIRF 25 Ranking: - 59
IIRF Private Ranking 26: - 12
Program Name: PGDM Financial Management
Fees: INR 20.77 Lakh
Entrance Exam: CAT/GMAT/XAT
Specialisations: Financial Accounting, Managerial Economics etc
Average Salary Package: INR 16.8 LPA
Top Recruiters: Adani, HCL etc
Institute of Management Technology (IMT) Hyderabad
NIRF 25 Ranking: 72
IIRF Private Ranking 26: 18
Program Name: PGDM Finance
Fees: INR 15.2 Lakh
Entrance Exam: CAT/XAT/GMAT
Specialisations: Corporate Finance, Management Accounting, Advanced Corporate Finance etc
Average Salary Package: INR 12.30 LPA
Top Recruiters: ICICI Bank, Indusind Bank, Kotak Mahindra Bank
BHU Varanasi
NIRF 25 Ranking: 60
IIRF Govt Ranking 26: 35
Program Name: MBA Financial Management
Fees: INR 1.06 Lakh
Entrance Exam: CUET
Specialisations: Corporate Finance and Valuation, Corporate Taxation etc
Average Salary Package: INR 10.06 LPA
Top Recruiters: Major Banks and Consulting Firms
Jain University, Bengaluru
NIRF 25 Ranking: 73
IIRF Private Ranking 26: 44
Program Name: MBA Finance
Fees: INR 12.5 Lakh
Entrance Exam: CAT/MAT/CMAT
Specialisations: Financial Technology, International Finance and Accounting etc
Average Salary Package: INR 8.61 LPA
Top Recruiters: Consulting and Big 4, Financial Institutions
10 MBA Finance Colleges in India with Low Fees and NIRF 25 or IIRF 26 Rankings
IMS, BHU Varanasi
NIRF 25 Ranking: 60
IIRF 26 Government Ranking: 35
Course Fee: INR 1.06 Lakh
Guru Govind Singh Indra Prastha University (GGSIPU), New Delhi
NIRF 25 Ranking: 76
IIRF 26 Government Ranking: 43
Course Fee: INR 4.05 Lakh
IMS, Lucknow University (LU), Lucknow
NIRF 25 Ranking: 100
IIRF 26 Government Ranking: NA
Course Fee: INR 3.24 Lakh
DoC, Lucknow University (LU), Lucknow
NIRF 25 Ranking: 100
IIRF 26 Government Ranking: NA
Course Fee: INR 3.24 Lakh
Guru Jambheshwar University of Science and Technology, Hisar
NIRF 25 Ranking: 101-125
IIRF 26 Government Ranking: NA
Course Fee: INR 1.84 Lakh
JankiDevi Bajaj Institute of Management, Mumbai
NIRF 25 Ranking: NA
IIRF 26 Government Ranking: 66
Course Fee: INR 3.4 Lakh
DBA, Annamalai University, Chidambaram, Tamil Nadu
NIRF 25 Ranking: NA
IIRF 26 Government Ranking: 73
Course Fee: INR 1.5 Lakh
LN Mishra Institute of Economics Development and Social Change, Patna
NIRF 25 Ranking: NA
IIRF 26 Government Ranking: 77
Course Fee: INR 2.75 Lakh
JSS Centre of Management Studies, Mysore
NIRF 25 Ranking: NA
IIRF 26 Government Ranking: 35
Course Fee: INR 2.10 Lakh
Institute of Management, Devi AhilyaBai University, Indore
NIRF 25 Ranking: NA
IIRF 26 Government Ranking: 92
Course Fee: INR 1.26 Lakh
FAQs
The top five MBA finance colleges in India are IIM Calcutta, IIM Ahmedabad, IIM Bangalore, IIM Kozhikode and FMS DU.
FMS DU and JBIMS Mumbai are the two best ROI MBA finance colleges in India.
The main entrance exams like CAT, XAT and GMAT to qualify for admission to the best MBA finance colleges in India.
Students from IIM Calcutta, IIM Ahmedabad and IIM Bangalore are getting the best placements.
