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Entrance Exams for Admission into top MBA finance colleges
All the IIMs and most of the government and private management colleges such as MDI Gurugram accept the CAT scores, whereas XLRI accepts the XAT score, SPIMR accepts CAT and GMAT and IMT Ghaziabad accepts all three scores CAT, GMAT and XAT. IIM Kozhikode accepts both CAT and GMAT scores for its MBA Program for finance.
Fee Structure for the best MBA finance colleges
Fees for the leading MBA colleges vary between INR 20 lakh and INR 30 lakh. The lowest cost among the top MBA colleges is the Faculty of Management Studies, Delhi University with INR 2-3 Lakh and JBIMS Mumbai between INR 6-7 lakh.
Top MBA Finance colleges in India 2025 with NIRF Rankings and Highest Salary
A list of the top 10 MBA colleges with a finance specialisation are given below:
Indian Institute of Management (IIM) Calcutta
One of the oldest management colleges in the country and considered the best MBA finance college in India. Colleges offer specializations like Marketing, Operations and Economics
NIRF 2025 Ranking: 7
IIRF Govt Ranking 26: 2
Program Name: PGP (MBA)
Fees: INR 27 Lakh
Specialisations: Accounting, Finance, Marketing, Operations ......
Average Salary Package: INR 35.07 LPA
Top Recruiters: Adani, HSBC and IBM etc
Indian Institute of Management (IIM), Ahmedabad
The best MBA college in the country by NIRF rankings for many years and one of the top finance colleges in India. Known for its famous alumni base. The recruiters like Goldman Sachs, PwC and Adani participate in the placement process.
NIRF 25 Ranking: 1
IIRF Govt Ranking 26: 1
Program Name: PGP (MBA)
Fees: INR 27.5 Lakh
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
One of the best B-schools in India. Under the IIM Act of 2017, IIM Bangalore is an institute of national importance.
NIRF 25 Ranking: 2
IIRF Govt Ranking 26: 3
Program Name: PGP (MBA)
Fees: INR 28.1 Lakh
Specialisations:
Average Salary Package: INR 34.88 LPA
Top Recruiters: Accenture, Boston Consulting Group and Tata Steel...
Indian Institute of Management (IIM), Kozhikode
IIMK is one of the top MBA colleges in India and has the most beautiful campuses among management colleges in the country. Offers the best specialised MBA finance programme in India.
NIRF 25 Ranking: 3
IIRF Govt Ranking 26: 7
Program Name: MBA-Finance
Fees: INR 23.5 Lakh
Specialisations: Corporate Finance, Microeconomics, Corporate and Securities Laws..
Average Salary Package: INR 28.05 Lakh
Faculty of Management Studies, Delhi University (FMS DU)
The best ROI MBA college in the country. Established in 1954 under the Delhi University, the Faculty of Management Studies offers a variety of management programmes.
NIRF 25 Ranking: -
IIRF Govt Ranking 26: 4
Program Name: MBA
Tuition Fees: INR 2.32 Lakh
Specialisations: Finance Management, Operations and Supply Chain
Average Salary Package: INR 34.03 LPA
Xavier School of Management (XLRI), Jamshedpur and Delhi NCR
The oldest B-school and one of the best private MBA colleges in the country. Established in 1949 and known for its HR and business management programmes. Has very close linkage with the corporate world.
NIRF 25 Ranking: 10
IIRF Private Ranking 26: 2
Program Name: PGDM (BM)
Fees: INR 30.60 Lakh
Specialisations: Finance, Economics and Information Systems...
Average Salary Package: INR 31.08 LPA
SP Jain Institute of Management and Research (SPJIMR), Mumbai
One of the top private business schools known for its quality education and one of the best colleges for MBA in finance. Students have to choose their specialisation from day one in college. All its management programs are approved by AICTE and accredited by AMBA, AACSB and EQUIS. The selection process involves entrance exams like the CAT and GMAT and personal interviews.
NIRF 25 Ranking: 20
IIRF Private Ranking 26: 1
Program Name: PGDM
Fees: INR 26.50 Lakh
Specialisations: Finance, Marketing and Information Management
Average Salary Package: INR 33 LPA
Top Recruiters: Axis Bank, McKinsey
Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai
One of the top MBA colleges for finance in India, known for its good ROI along with the Faculty of Management Studies, DU. As the college is based in India's financial capital, Mumbai, it creates great placement opportunities for management graduates.
NIRF 25 Ranking: -
IIRF Govt Ranking 26: 8
Program Name: MSc Finance
Fees: INR 7 Lakh
Specialisations: Economics, Corporate Finance, Behavioural Finance
Average Salary Package: INR 26.15 LPA
Management Development Institute (MDI), Gurgaon
One of the top colleges for MBA, offers other specialised PGDM Programs like PGDM-HRM and PGDM-Business Analytics
NIRF 25 Ranking: 9
IIRF Private Ranking 26: 3
Program Name: PGDM BFS
Fees: INR 25.99 Lakh
Specialisations: Corporate, Retail and Investment Banking
Average Salary Package: INR 25.06 LPA
Top Recruiters: Tata, Goldman Sachs, JP Morgan
Institute of Management Technology (IMT), Ghaziabad
One of the top 10 MBA colleges from the private sector and a leading college in India for finance
NIRF 25 Ranking: 30
IIRF Private Ranking 26: 6
Program Name: PGDM-BFS
Fees: INR 21.53 Lakh
Specialisations: Investment Banking
Average Salary Package: INR 17.2 LPA
Top Recruiters: Citibank, Axis Bank
Other top MBA in finance colleges
Narsee Monjee Institute of Management Studies (NMIMS) Mumbai
Indian School of Business (ISB) Hyderabad and Mohali
FAQs
IIM Kozhikode leads with its flagship PGP-Finance course and ₹28.05 Lakhs per annum average package for finance positions.
Industry-relevant syllabus, 100% finance recruitment and robust banking industry hiring make JBIMS a unique college offering MBA Finance in India.
Yes, XLRI has a specialised MBA in Finance course in an online format.
JBIMS, Mumbai provides the best ROI for a Finance MBA among management colleges in India. It charges fees of ₹6.00-₹7.00 Lakhs and offers an average package of ₹21.36 Lakhs per year.
The top five MBA finance colleges in India are IIM Kolkata, 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.
