Select Goal &
City
Select Goal
Write a ReviewGet Upto ₹500*
Explore
Explore More
review_banner
Course Finder
    No Data Found

MBA Finance Jobs, Salary, Freshers, Government, Experienced, Sector, Scope, 2024

Ahana Bhaduri's profile photo

Ahana Bhaduri

Content Writer

The financial Sector is said to be the lifeblood of any economy. The growth of the Indian economy is directly related to the growth of financial services which in turn also led to the growth of career opportunities for finance professionals. 

There are several finance related courses such as B.com , BA Economics and MBA. MBA in Finance is a 2 year postgraduate program dealing with the study of budgeting, finance and analytics. The main learning of this program is that it prepares candidates in accounting, handling and managing the finance of any organization. 

Post the completion of the program, this field has a lot to offer. Candidates have multiple opportunities to explore such as Financial Analyst, Finance Manager, Business analyst, Operations Manager, Relationship manager, manager consultants, investment banker and credit risk analyst. 

How to Become an Investment Banker Salary of an Investment Banker Investment Banker Jobs

Some of the top areas where candidates can be employed are banks , financial institutions, trading companies, stock exchanges, mutual funds and insurance companies. Some of the top recruiters for MBA Finance are Morgan Stanley, Goldman Sachs, Bain & Company, McKinsey & Company, Barclays and KPMG with an average salary of INR 7.50 LPA – 11 LPA.

MBA Finance Jobs

MBA Finance opens doors for candidates for multiple opportunities in various domains of accounts and financial management. MBA Finance jobs are available in both private as well as public sector. They can be employed in areas such as financial institutions, banks, stock exchanges, trading companies etc. tabulated below are some of the top job profiles for MBA Finance graduates. 

Job Profile Description Average Annual Salary (INR)
Financial Analyst Financial Analysts are skilled professionals who are employed in banks, financial institutions, insurance companies etc. They provide guidance to the businesses and individuals in decision making and provide guidance to maximize profit 9.61 L
Relationship Manager Relationship managers are skilled professionals who develop and maintain strong relationships with the clients both within the organization as well as outside. They are also known as Client Relationship Manager 6.45 L
Account Manager Account Managers are employed in firms whose main duty include strong relationships with the client, connection with business executives, preparing sales report. 8.00 L
Bank Manager A Bank Manager is responsible for supervising all operations including staff management, administration, security , compliance and also include other sales activity 7.50 L
Business Analyst Business Analyst are professionals who assess the performance of the business and also help them in conducting research , solving problems with the aim to maximize profits 7.00 L
Finance Manager Finance Managers are mainly responsible for assessing performance, providing advice to senior managers for profit maximization. They are also responsible for maintaining financial health of the company 12.00 L
Equity Research Analyst An Equity Research Analyst analyzes and provides financial insights of the public traded company and also helps in facilitating investment decisions. 10.00 L
Research Analyst Research analysts are entry level employees who perform research , collect and analyze information and also help in problem solving for the purpose of improving decision making. 6.20 L

Jobs After MBA Finance : Sector Wise

There are plenty of job opportunities in both the private as well as public sector. The job offered to candidates depends upon their knowledge and skills which the candidate has acquired during the course as well as during internships or work experience. Let’s discuss the jobs that a MBA Finance graduate can get in both private as well as public sector along with their salary structure

Jobs After MBA Finance : Private Jobs

MBA Finance graduates get ample opportunities in the private sector. There are a number of job roles, candidates can be employed such as Management Trainee, Accounts officer, Assistant Manager etc. Some of the top recruiters are Goldman Sachs, Morgan Stanley, JP Morgan etc. The average salary in the private sector varies from INR 3.20 L - 24 LPA. 

Tabulated below are some of the top job profiles across private sectors.

Job Profile Description Average Annual Salary (INR)
Analyst Developer Analyst developers are skilled professionals who define, develop, test and maintain the software to support the business. 11.40 L
Senior Manager Senior Manager are employed for the purpose to plan and direct and supervise the business operations to run the business efficiently 19.00 L
Associate Consultant An Associate consultant is the one who provides support to management and along with their consulting team they provide guidance for the smooth running of business operations 9.00 L
Financial Analyst Financial Analysts are professionals who advise the middle and higher level of management for the business operations and advise where to invest money for the purpose of maximizing the profit. 8.61 L

Jobs After MBA Finance: Government Jobs

After completing MBA Finance, Candidates have multiple opportunities to explore the government sector. There are various areas such as government banks, insurance companies, and other public sector undertakings in which they can be employed. Some of the top companies include State Bank of India, BSNL, National Dairy Development Board and Bharat Earth Movers Limited (BEML).

Job Profile Description Average Annual Salary (INR)
Bank Manager Bank Managers are responsible for promoting and marketing , meeting with the customers, monitoring sales targets. In order to be a successful bank manager, candidates must have excellent communication skills, business management skills, customer management, leadership etc. 9.02 L
Accounts Officer Accounts officers are one who look after the expenses, income activities of business. They are responsible for bookkeeping, petty cash, employee expenses, reconciling invoices etc 8.59 L
Joint General Manager A Joint General Manager is one who looks after the company operations, including revenue and cost controlling. They mostly sit at the headquarters of a banking company. 24.5 L
Assistant Manager Assistant Managers are one who look after the daily operations of business. They often verify employee schedules and help new recruits to understand their roles and duties. 10.53 L

Jobs After MBA Finance Freshers

MBA Finance graduates are very much in demand in India both in private as well as private sector. Fresh Graduates can be placed directly from college campus or they also have the option to apply from various job portals as well. 

Some of the top profiles for freshers are mentioned below for your reference.

Job Role Starting Annual Salary (INR)
Financial Analyst 3.14 L
Finance Manager 5.11 L
Accounting Manager 3.56 L
Chief Financial Officer (CFO) 10.24 L
Business Analyst 3.50 L
Management Consultant 6.45 L
Operations Manager 3.66 L
Relationship Manager 4.26 L
Bank Manager 6.14 L

MBA Finance Jobs: Salary

According to Payscale, the average pay of a MBA Finance graduate is around INR 3.73 LPA. However, the salary also depends on many factors like experience, skills, qualifications, knowledge, etc. The salary also depends on whether the candidate is working in the public or private sector. Some of the salaries have been listed below.

Job Role Important Links
Chief Financial Officer Check Chief Financial Officer Salary
Investment Banker Check Investment Banker Salary
Revenue Manager Check Revenue Manager Salary
Financial Analyst Check Financial Analyst Salary
Budget Analyst Check Budget Analyst Salary
Bank Manager Check Bank Manager Salary
Financial Examiner Check Financial Examiner Salary

MBA Finance Jobs: FAQs

Ques. What do MBA Finance graduates do?

Ans. A MBA Finance graduate can choose to do the following:

  • They can go into investment banking, taxation, tax planning, 
  • They also hedge fund management
  • Can pursue international finance
  • Can be accounting manager or financial analyst.

Ques. What are the career prospects of MBA Finance?

Ans. There are career options after MBA Finance :

  • Financial Manager
  • Investment Banker
  • Trade Analyst
  • Budget Analyst
  • Tax officer

Ques. What are the skills required to become a financial manager ?

Ans. The skills required to become a Financial Manager are:

  • Attention to detail
  • Time management
  • Compassion
  • Communication skills

Ques. Who are the top recruiters for MBA Finance graduates?

Ans. Some of the top recruiters for MBA Finance graduates are:

  • Genpact
  • Deloitte
  • Ernst & Young
  • Morgan Stanley
  • KPMG
  • American Express

Ques. Is there any internship required to become an Investment Banker ?

Ans. Yes, there is a requirement before internship before becoming an Investment Banker. 

Ques. Can a student from an Arts background become an Investment Banker?

Ans. NO, students from only commerce background who have mathematics and economics as compulsory subjects can become Investment bankers. 

Ques. Can one pursue MBA from distance learning?

Ans. Yes, one can pursue MBA from distance learning but it is preferable to pursue it from a regular college. 

Ques. What is the highest salary of an MBA graduate?

Ans. The highest salary of a MBA graduate can be around INR 10-12 LPA.

Ques. What is the highest salary of a Financial Analyst?

Ans. The highest salary of a Financial Analyst in India is around INR 22 LPA. 

Master of Business Administration [MBA] (Finance) : 70 answered questions

VIEW ALL

Ques. How good is the department of financial studies MBA (FM), Delhi University?

● Top Answer By Akriti Banerjee on 15 Sept 23

Ans. My brother was a student at this college and so this answer is based on his experience solely. The Department of Financial Studies is a CFA-affiliated college wherein you can get a scholarship for pursuing a CFA degree. Its MBA program is highly coveted. It's the best option for you if you want to pursue a career in Finance and fail to make it to other B Schools. Here are some factors to consider  Fees: The low fees charged by DFS is the USP of the college. You can pursue an MBA at just 26000. IIMs fees on the other end are very high Around 13–24 lakhs. So DFS offers a better ROI than IIMs. Curriculum: Curriculum-wise, DFS cannot be compared to IIMs that have excellent course structure at par with foreign universities. DFS follows the semester pattern, unlike the trimester pattern in IIMs. IIMs conduct case study competitions but this is not the case at DFS. Faculty : DFS has some very well-educated and experienced faculty members much better than at least the new IIMs. Placement: The placements at DFS are at par with new IIMs only and not other top IIMs.  Alumni: The small batch size of DFS has failed to establish an elaborate alumni base in contrast to IIM Ahmedabad. Ultimately, if you don’t want a huge loan to repay at the end of 2 years or the IIM tag, DFS is the best optionRead more
0
0
4 Answer
●●●
Upvote
Downvote
Report

Ques. How are the placements in the NL Dalmia College for an MBA in finance?

● Top Answer By Tanisha Jain on 27 May 22

Ans. NL Dalmia placements are good for MBA in Finance. During 2022 placements Finance was the top sector recruiting students. Students received an average CTC of INR 6.5 LPA. The highest CTC offered in this sector goes up to INR 13 LPA. Some of the major recruiters from the Finance sector are Crisil, HDFC, Amul, City Bank, etc. Read more
0
0
2 Answer
●●●
Upvote
Downvote
Report

Ques. How is IMT Ghaziabad if you get a PGDM (finance) here?

● Top Answer By Tanuj Chandra on 16 Feb 23

Ans. IMT Ghaziabad consistently ranks amongst the top 20 MBA colleges in the country. In terms of exposure, you will have the opportunity to interact with good visiting faculty and your batchmates will be people who have ranked amongst the top percentile in CAT. The college also has a vibrant campus life with lots of extra-curricular activities. However, like all private-funded colleges, there are certain seats allotted to the management quota. When considering attending IMT Ghaziabad, it is important to consider your career goals. If you are looking for a pure finance role (PGDM) in front-end Investment banking or PE, IMT Ghaziabad may not be the best fit, as core finance roles are limited. However, there are opportunities for corporate finance jobs and banks visit campus for recruitment.Read more
0
0
2 Answer
●●●
Upvote
Downvote
Report

Ques. What is the difference between PGDM BFSI and PGDM Finance at IMT Ghaziabad ?

● Top Answer By Sreetoma Gupta on 04 Jun 23

Ans. The emphasis of the curriculum distinguishes the IMT Ghaziabad PGDM Finance programme from the full-time PGDM program. A general management education, including instruction in marketing, finance, operations, and strategy, is provided via the full-time PGDM programme. The program's participants will enroll in a range of business-related courses. On the other side, the PGDM Finance programme specialises in finance and related fields. With the option to specialise in fields including corporate finance, investment banking, and financial analysis, students in this programme will take courses that are highly focused on accounting and finance.Read more
0
0
1 Answer
●●●
Upvote
Downvote
Report

Ques. How good is IMT Hyderabad for MBA in Finance in terms of ROI?

● Top Answer By Nivedita Trivedi on 11 Jul 23

Ans. There is no fixed ROI one can expect after completing MBA in Finance from IMT Hyderabad. It all depends on your academic profile and the way you spent 2 years here. Some students here come just for enjoying campus life while some take academics seriously and give it their all. The ROI directly depends on your skills and performance in the interview and cannot be generalized.Read more
0
0
1 Answer
●●●
Upvote
Downvote
Report

Ques. Which is better, IMI Delhi PGDM or IMT-G PGDM Finance?

● Top Answer By Ankit Bhansali on 03 Mar 23

Ans. Both the options you mentioned, IMI Delhi PGDM and IMT G Finance are good in their own individual aspects. So you should rather be asking which is better for you. Now this depends on what you really want from your PGDM. By choosing PGDM Finance you will limit yourself only to the Finance sector, whereas a PGDM core will give you a chance to explore various domains before selecting your specialization. The former is a good option if you are certain about your interest in Finance and want to excel in that sector no matter what while the latter is good if you are open to all options. Talking about IMI Delhi in general, the B School offers an abundance of opportunities through student bodies and other student driven activities. Moreover the additional locational advantage is what makes it a fairly good option. The batch size is also not too big and thus balances the student teacher ratio. Placements are pretty decent at IMI Delhi. The IMI Delhi average package (overall) offered during 2023 placements was INR 17.01 LPA. For PGDM, PGDM (B&FS), and PGDM (HR) the average package stood at INR 17.20 LPA, INR 16.48 LPA, and INR 15.58 LPA, respectively. The primary highlight of the B School is its student exchange program wherein students from foreign universities join the B School for a fixed period while students from IMI Delhi visit a foreign university in exchange. All these factors make IMI Delhi a very good choice in comparison to IMT G.Read more
0
0
1 Answer
●●●
Upvote
Downvote
Report

Ques. Which is best -MBA in finance from ISB Hyderabad or top IIMS A/B/C?

● Top Answer By Prakriti Sharma on 30 Jan 23

Ans. ISB Hyderabad is known for its lack of specialization in Finance. It’s a common understanding now that even if one is preferring ISB Hyderabad for admission, they know that they should go for anything but Finance. Studying some aspects will give you a deeper insight as to why MBA in Finance from ISB Hyderabad is not recommended. Faculty: Although the visiting faculty is quite decent, it’s the domestic faculty that has ruined the culture at ISB. They are arrogant, pathetic, and extremely incapable. They insult the students regularly and disturb student-teacher relations. Placements: The roles offered in Finance were below average like Operations, Sales, and BD roles. Such roles were offered in abundance by the banks or start-ups. However, the superior roles like IB/PE/VC/M&A/FP&A/Equity Research/Credit Rating/Asset Management/TAS were offered scarcely. For instance  only 10 FP and A roles were allotted that too only to CAs Only one Investment banking role was offered by Barclays Only 5 PE/bc roles were offered and there was a strong preference for a prior IB/PE/VC experience and IIT undergraduate background. One M and A role was offered only 4 Asset Management and zero Equity Research and Credit Rating roles were offered. So the best roles were offered limitedly while the batch size stood at 900. Most students ended up with unsatisfactory placements. Now you can decide whether or not to join if you are confident to face the placement scenario.Read more
1
1
1 Answer
●●●
Upvote
Downvote
Report

Ques. Which college would you go for if you were interested in an MBA in finance among new IIMs and IIT Madras?

● Top Answer By Lovish Bajaj on 21 Jun 24

Ans. Almost all of the colleges listed here are in the top 20 list of MBA colleges in India for Finance. Among the new IIMs, the ones good for Finance are IIM Ranchi, IIM Rohtak, IIM Raipur, IIM Udaipur, and IIM Kashipur.  The table below draws a comparison of the MBA programs offered by the institutes. Institute Fees Average CTC New IIMs IIM Ranchi- 17.5 Lakh IIM Ranchi- 18.37 LPA IIM Rohtak- 17.6 Lakh IIM Rohtak- 19.27 LPA IIM Raipur- 16.1 Lakh IIM Raipur- 19.7 LPA IIM Udaipur- 19 Lakh IIM Udaipur- 20.3 LPA IIM Kashipur- 17.3 Lakh IIM Kashipur- 18.10 LPA IIM Shillong 22.71 Lakh 26.1 LPA XIMB 21.3 lakh 15.12 LPA IMT Ghaziabad 21.5 lakhs 16.56 LPA IIT Madras 10.9 lakhs 16.93 LPA IMI Delhi 22.25 LPA 17.20 LPA TAPMI  19.45 LPA 13.84 LPA Top recruiters at these institutes include Tata Steel, Cognizant, Capgemini, Accenture, Apollo Munich, Godrej, Emami, Nestle, Titan, Maruti Suzuki, PCBL, HDFC Bank, Mu Sigma, Larsen & Toubro, GMR, Tata Steel, Godrej & Boyce, and Vedanta and many more.  All of the mentioned institutes are good for MBA in Finance. However I would recommend IIT Madras as it has the lowest fees and a good average package.Read more
0
0
2 Answer
●●●
Upvote
Downvote
Report

Ques. How good is NL Dalmia for MBA in finance? My other options are SIES (MMS) & Welingkar (PGDM). Any help will be appreciated?

● Top Answer By Akash Roychowdhury on 08 Jun 21

Ans. Before joining any college it's better to perform some research on it. The foremost thing is you need to know all the placement details from alumni or the students who are currently studying in that college. Don’t choose a college based only on their advertisement. Dalmia NL, SIES (MMS), and Welingker(PGDM) all these colleges are well-reputed institutions in Mumbai for management studies. I have friends pursuing their studies at these colleges. Based on what I heard, I will say N L Dalmia is the best college among these three. It has better placement records, ranking, and reputation. For Finance specialization, N L Dalmia has a limited student intake, i.e. 60 seats. Additionally, the institute has Mumbai's first Bloomberg Finance Lab. It has a placement average of 100%. The average package for placement in the finance stream is around 6.5 lacs, while the highest package offered is above 13 lacs. So, N L Dalmia is definitely a better choice. But before making a decision, do your own research first.Read more
0
0
1 Answer
●●●
Upvote
Downvote
Report

Ques. What is the cutoff of NL Dalmia for a PGDM in finance?

● Top Answer By Tithi Aggrawal on 05 Sept 23

Ans. NL Dalmia does not follow the exact cutoff criteria. The cutoff ranges from 92 to 95% for the general category. The admission process is based on your score in the entrance examination and the interview conducted by the institute. This institute accepts various entrance examinations like XAT, CAT, CMAT, ATMA, etc. for a PGDM program. Read more
0
0
1 Answer
●●●
Upvote
Downvote
Report

Comments

No Comments To Show
FEATURED COURSES
Also Visited Courses
Udemy course

Master of Business Administration [MBA] (Finance) Colleges IN INDIA

View All
Shailesh J. Mehta School of Management, IIT Bombay - [SJMSOM]
follow

Shailesh J. Mehta School of Management, IIT Bombay - [SJMSOM]

Mumbai, Maharashtra
AICTE
MBA/PGDM(2 Yrs)9.9
₹ 7.18 L first year fees
VIEW ALL COURSES & FEES
Symbiosis Institute of Business Management - [SIBM]
follow

Symbiosis Institute of Business Management - [SIBM]

Pune, Maharashtra
AICTE
MBA/PGDM(2 Yrs)9.9
₹ 12.65 L first year fees
VIEW ALL COURSES & FEES
Symbiosis Centre for Management and Human Resource Development - [SCMHRD]
follow

Symbiosis Centre for Management and Human Resource Development - [SCMHRD]

Pune, Maharashtra
UGC
MBA/PGDM(2 Yrs)9.8
₹ 12.5 L first year fees
VIEW ALL COURSES & FEES
Department of Business Economics, University of Delhi - [DBE]
follow

Department of Business Economics, University of Delhi - [DBE]

New Delhi, Delhi NCR
AICTE
MBA/PGDM(2 Yrs)9.7
₹ 50.5 K first year fees
VIEW ALL COURSES & FEES
Amity University
follow

Amity University

Noida, Uttar Pradesh
NCTE
MBA/PGDM(2 Yrs)9.5
₹ 6.72 L first year fees
VIEW ALL COURSES & FEES
Chandigarh University - [CU]
follow

Chandigarh University - [CU]

Chandigarh, Chandigarh
NCTE
MBA/PGDM(2 Yrs)9.5
₹ 2.5 L first year fees
VIEW ALL COURSES & FEES
Banaras Hindu University - [BHU]
follow

Banaras Hindu University - [BHU]

Varanasi, Uttar Pradesh
UGC
MBA/PGDM(2 Yrs)9.5
₹ 50.01 K first year fees
VIEW ALL COURSES & FEES
Anna University - [AU]
follow

Anna University - [AU]

Chennai, Tamil Nadu
AICTE
MBA/PGDM(2 Yrs)9.4
₹ 41 K first year fees
VIEW ALL COURSES & FEES

SUBSCRIBE TO OUR NEWS LETTER

COLLEGE NOTIFICATIONS
EXAM NOTIFICATIONS
NEWS UPDATES
TOP COLLEGES
MBA
Btech
MS
BBA
Mtech
MA
BA
TOP UNIVERSITIES
engineering
management
medical
law
commerce
science
arts
Top Exam
GMAT
GRE
IELTS
DET
PTE
SAT
TOEFL
study abroad
canada
usa
uk
uae
australia
germany
sweden
ireland
new zealand
hong kong
singapore
malaysia
netherlands
italy
other links
about collegedunia
contact us
advertising
career
terms & conditions
Download the Collegedunia app on downloadapp_banner imagedownloadapp_banner image
© 2024 Collegedunia Web Pvt. Ltd. All Rights Reserved