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. Jamnalal Bajaj Institute of
   Management Studies (JBIMS)
  
  
  
   Mumbai
  
  
  
   MMS
  
  
  
   5. Faculty of Management Studies
   (FMS) – Delhi University
  
  
  
   New Delhi
  
  
  
   MBA
  
  
  
   6. Indian School of Business (ISB)
  
  
  
   Hyderabad
  
  
  
   PGP
  
  
  
   7. Indian Institute of Management
   (IIM-L)
  
  
  
   Lucknow
  
  
  
   PGPM
  
  
  
   8. Xavier Labour Research Institute
   (XLRI)
  
  
  
   Jamshedpur
  
  
  
   BM
  
  
  
   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