MBA Finance Fees, Private, Govt, High, Low, Top Cities, Top States, Universities

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Bhaskar Nandi

Updated on - Jul 1, 2025

MBA Finance Latest Updates

06 Aug, 2025 IIT Guwahati will conduct the GATE 2026 exam on February 7, 8, 14, and 15, 2026; registration starts from August 25, 2025, @gate2026.iitg.ac.in. Read News Here

05 Aug, 2025 KMAT registration 2025 is open @kmatindia.com; registration deadline is now extended till August 10, 2025. Apply Here

01 Aug, 2025 NMAT 2025 registration starts @mba.com/exams/nmat; the last date to register is October 10, 2025. Check Here

01 Aug, 2025 CAT 2025 registration starts at 10 AM, at iimcat.ac.in; the last date to register is September 13, 2025. Check Live Updates

10 Jul, 2025 XAT registration 2026 starts @xatonline.in; the last date to register is December 5. Check Live Updates

01 Jul, 2025 IBSAT registration for MBA/PGDM 2026-28 session is open @ibsindia.org; exam will be held on December 27 and 28. Check Here

MBA Finance fees in India range from INR 4,00,000 to INR 12,00,000 per year. This is an estimated range including private as well as government colleges. Usually, in private institutions, the course fees are higher as compared to that in government colleges. The additional fees include the hostel fees and the average annual hostel fees range from INR 20,000 to INR 1,50,000.

MBA Finance Courses are offered across approximately 2261 colleges and universities in India. The top government colleges offering this course include IIMs across the country. The top-ranked IIMs include IIM Ahmedabad, IIM Kolkata, IIM Kozhikode, and IIM Raipur. The top private management colleges are Woxsen School of Business, PSG Institute of Management, IMT Ghaziabad, Symbiosis Institute of Business Management, and Great Lakes Institute of Management.

Every Indian state and city has several management colleges offering MBA Finance courses. Karnataka has 214 colleges, UP has 309 colleges, Maharashtra has 301 colleges, Tamil Nadu has 248 colleges, Delhi and its NCR has 245 colleges, MP has 148 colleges, Andhra Pradesh has 107 colleges, and Gujarat has 105 colleges offering various MBA courses.

MBA Finance Fees in India

MBA in finance is a worthy course. Usually, the MBA finance fees can be high because of the network opportunities provided by the institutions and their curriculum. Here is the list of all the top MBA Finance colleges in India with their fees for the first year. This list includes the hostel fees of the respective college.

College Name First Year Fees Hostel Fees
Woxsen School of Business, Hyderabad INR 9,95,000 INR 1,31,250
PSG Institute of Management, Coimbatore INR 10,00,000 INR 60,000
Institute of Management Technology, Ghaziabad INR 19,38,000 INR 1,00,000
Symbiosis Institute of Business Management, Bangalore INR 9,65,000 INR 1,23,000
Great Lakes Institute of Management, Chennai INR 18,75,000 INR 3,20,000
Loyola Institute of Business Administration, Chennai INR 9,69,400 INR 1,30,000
Bharathidasan Institute of Management, Tiruchirappalli INR 7,75,200 INR 8,000
FORE School of Management, New Delhi INR 8,49,000 INR 3,00,000
UPES School of Business, Dehradun INR 7,36,000 INR 1,65,000
Alliance School of Business, Bangalore INR 15,00,000 INR 75,000
IIM, Kozhikode INR 4,25,000 INR 1,50,000
Shailesh J Mehta School of Management, IIT Bombay, Mumbai INR 6,91,100 INR 17,250
Department of Management Studies, IIT, Roorkee INR 4,84,500 INR 7,500
Department of Management Studies, IIT Madras, Chennai INR 5,59,100 INR 19,365
NIT, Tiruchirappalli INR 1,46,550 INR 1,25,000
IIM, Raipur INR 7,91,900 INR 1,50,000
Indian Institute of Social Welfare and Business Management, Kolkata INR 3,09,000 INR 2,30,000
Motilal Nehru National Institute of Technology, Allahabad INR 91,000 INR 21,000
UNIRAJ, University of Rajasthan INR 5,440 INR 4,500
NICMAR University, Pune INR 8,15,000 INR 1,50,000
GL Bajaj Institute of Management and Research, Greater Noida INR 3,24,000 INR 1,65,000
IILM University, Greater Noida INR 4,40,000 INR 1,50,000
Institute of Management Technology [IMT], Hyderabad INR 6,03,000 INR 1,00,000
Institute Technology & Management [ITM], Gwalior INR 77,500 INR 12,350

MBA Finance Fees in Private Colleges

National-level Exams such as Common Entrance Test (CAT), Common Admission Test (CAT), Graduate Management Test (GMAT), and Xavier Aptitude Test (XAT) are tough to crack. Some excellent private MBA Finance colleges are mentioned below along with their first-year fees.

MBA Finance Fees in Govt Colleges

MBA finance fees of private institutions are higher than government institutes. Many students cannot afford the MBA finance fees of private institutions and hence they want to get admitted to government colleges. Another reason why government institutions are preferred by students is that they provide better placement opportunities to students as compared to private colleges. Let us now look at the top government MBA Finance colleges and their fees.

MBA Finance Fees in Top States

The scope of MBA finance is broader than any other MBA course. Hence, most of the colleges of each Indian state offer this program to students which helps them in building a strong knowledge of finances. Let us look at the top universities and colleges of some of the top states and their MBA finance fees too.

MBA Finance Fees in Karnataka

Some of the top MBA Finance colleges in Karnataka are given below.

MBA Finance Fees in Tamil Nadu

Some of the top MBA Finance colleges in Tamil Nadu are given below.

MBA Finance Fees in Telangana

Some of the top MBA Finance colleges in Telangana are given below.

MBA Finance Fees in Kerala

Some of the top MBA Finance colleges in Kerala are given below.

MBA Finance Fees in Gujarat

Some of the top MBA Finance colleges in Gujarat are given below.

MBA Finance Fees in Maharashtra

Some of the top MBA Finance colleges in Maharashtra are given below.

MBA Finance Fees in West Bengal

Some of the top MBA Finance colleges in West Bengal are given below.

MBA Finance Fees in Uttar Pradesh

Some of the top MBA Finance colleges in UP are given below.

MBA Finance Fees in Delhi NCR

Some of the top MBA Finance colleges in Delhi NCR are given below.

MBA Finance Fees in Rajasthan

Some of the top MBA Finance colleges in Rajasthan are given below.

MBA Finance Fees in Andhra Pradesh

Some of the top MBA Finance colleges in Andhra Pradesh are given below.

MBA Finance Fees in Odisha

Some of the top MBA Finance colleges in Odisha are given below.

MBA Finance Fees in Top Cities

Many cities of different cities are considered hubs of MBA. When it comes to MBA finance, few top cities provide students with the best education in MBA finance. The top cities are mentioned below along with the colleges and their MBA finance fees for the first semester.

MBA Finance Fees in Coimbatore

Some of the top MBA Finance colleges in Coimbatore are given below.

MBA Finance Fees in Bangalore

Some of the top MBA Finance colleges in Bangalore are given below.

MBA Finance Fees in Chennai

Some of the top MBA Finance colleges in Chennai are given below.

MBA Finance Fees in Hyderabad

Some of the top MBA Finance colleges in Hyderabad are given below.

MBA Finance Fees in Pune

Some of the top MBA Finance colleges in Pune are given below.

MBA Finance Fees in Mumbai

Some of the top MBA Finance colleges in Mumbai are given below.

MBA Finance Fees in Kolkata

Some of the top MBA Finance colleges in Kolkata are given below.

MBA Finance Fees in Lucknow

Some of the top MBA Finance colleges in Lucknow are given below.

MBA Finance Fees in Jaipur

Some of the top MBA Finance colleges in Jaipur are given below.

MBA Finance Fees in Visakhapatnam

Some of the top MBA Finance colleges in Visakhapatnam are given below.

MBA Finance Fees in Top Universities

Universities like AKTU, SPPU, VTU, GTU, and RGPV have top-notch Management colleges offering MBA in Finance. Some of the colleges affiliated with these universities are listed below along with their first-year fees.

Dr. A.P.J. Abdul Kalam Technical University (AKTU)

Some of the top MBA Finance colleges affiliated with AKTU are given below.

Savitribai Phule Pune University (SPPU)

Some of the top MBA Finance colleges affiliated with SPPU are given below.

Visvesvaraya Technological University (VTU)

Some of the top MBA Finance colleges affiliated with VTU are given below.

Gujarat Technological University (GTU)

Some of the top MBA Finance colleges affiliated with GTU are given below.

Rajiv Gandhi Proudyogiki Vishwavidyalaya (RGPV)

Some of the top MBA Finance colleges affiliated with RGPV are given below.

MBA Finance Fees: FAQs

Ques. What are the eligibility criteria to pursue MBA in finance?

Ans. In India, Many Business Schools ask candidates to have a bachelor's degree in any discipline from any recognized university. Some other colleges or universities also require the candidate to give qualifying entrance exams like Common Admission Test (CAT), Graduate Management Test (GMAT), Xavier Aptitude Test (XAT), etc.

Ques. What is the appropriate MBA finance fee?

Ans. The average MBA finance fee range from INR 1,00,000 to INR 7,00,000 per year.

Ques. What are the career opportunities after MBA in finance?

Ans. The graduates of MBA in Finance have a wide range of career opportunities in the finance sector. This includes corporate finance investment banking asset management financial consulting private equity and many more.

Ques. What is the benefit of pursuing an MBA in Finance Course?

Ans. In recent years, the finance and banking sector is growing tremendously and hence creating a lot of job opportunities for many people. A lot of job opportunities are one of the main benefits.

Ques. What courses we can do after MBA in finance?

Ans. Chartered Financial Analyst, Certified Financial Planner, NCFM certification, etc are some of the options.

Ques. What is the expected salary after MBA in finance?

Ans. After completion of an MBA in finance course, many career opportunities such as International finance, investment banking, insurance management, and taxation planning are available for students. All these fields offer an average salary of INR 10 to INR 18 LPA.

Ques. What are the types of MBA in finance available in India?

Ans. Many colleges in India offer an MBA Finance degree in Full Time Mode but some of the Colleges offer this degree in either Part-Time, Distance, Or Online Mode too.

Ques. What are the entrance exams one has to give for admission to an MBA finance degree?

Ans. National-level entrance exams such as CAT, ATMA, MAT, GMAT, XAT, CMAT, etc are the ones that the candidate has to qualify to get admission to government or top colleges. Many state universities also conduct their own state-level MBA entrance exams such as MHCET, UPSEE, KMAT, PUCET, etc.

Ques. What are the subjects in MBA finance?

Ans. Subjects like HRM, Financial accounting, management, economics, management science, etc will be part of MBA finance.

Ques. What are the fees of a distance MBA in finance courses?

Ans. Sometimes the fees of a full-time MBA finance course are unaffordable. Therefore, one can enroll in a distance MBA finance degree. The Distance MBA Finance fees range from INR 30,000 to INR 70,000 depending upon the colleges and institutions.

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

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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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