MBA in Finance Colleges in Mumbai | MKESIMSR
MBA in Finance in Mumbai is becoming one of the most popular management degrees nowadays. MBA in Finance is a 2-year postgraduate programme that offers huge career options after course completion. MBA in Finance is offered by all best MBA institutes in Mumbai either as a specialization or elective course in the 2nd year of the MBA degree programme.
Pursuing an MBA in Finance opens up a world of opportunities for individuals looking to specialize in the dynamic field of finance and advance their careers in the corporate world. This specialized program equips students with the knowledge, skills, and expertise required to excel in various finance-related roles, including investment banking, corporate finance, asset management, risk management, and financial analysis.
The curriculum of an MBA in Finance typically covers a broad spectrum of topics, ranging from financial markets and institutions to financial statement analysis, investment management, derivatives, and corporate finance strategies. Students delve deep into the principles of finance, learning how to analyze financial data, evaluate investment opportunities, manage portfolios, and make strategic financial decisions.
One of the key advantages of pursuing an MBA in Finance is the practical and hands-on approach to learning. Many programs incorporate real-world case studies, simulations, and projects, allowing students to apply theoretical concepts to practical situations. Additionally, students may have the opportunity to participate in internships, industry projects, and networking events, providing valuable exposure to the finance industry and enhancing their employability.
Graduates of MBA in Finance programs are highly sought after by employers across industries, including banking, consulting, investment management, and corporate finance. With their specialized knowledge and analytical skills, they are well-positioned to take on leadership roles and drive financial performance in organizations.
Furthermore, an MBA in Finance offers a pathway to professional certifications such as Chartered Financial Analyst (CFA) and Certified Financial Planner (CFP), further enhancing career prospects and credibility in the finance industry.
In conclusion, pursuing an MBA in Finance is an excellent investment for individuals looking to build a successful career in finance. With its comprehensive curriculum, practical approach, and opportunities for experiential learning, this specialized program prepares graduates to thrive in the fast-paced and competitive world of finance, making them valuable assets to employers seeking financial expertise and leadership talent.
Highlights- MBA in Finance
| Particulars |
Values |
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Degree Name
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MBA in Finance
|
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Degree Type
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Postgraduate
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Degree Duration
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Two year
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Entrance Exams
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CAT, MAT, GMAT, CMAT, XAT, NMAT
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Eligibility Criteria
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Bachelor’s degree
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Admission process
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Direct admission and based on the entrance examination
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Fees for the entire duration
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Rs. 10,000 and Rs. 20,00,000
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Average Salary
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Rs. 10 LPA
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Job profiles
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Financial Advisor, Budget Analyst, Financial Planner
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Top recruiters
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Morgan Stanley, Deutsche Bank, Deloitte, E & Y, KPMG, Lehman Brothers, McKinsey, Barclays, Boston Consulting Group, Goldman Sachs
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MBA Finance Colleges in Mumbai Eligibility Criteria
MBA Finance eligibility criteria are rather similar to other management programs in Mumbai. Before applying for MBA Finance College in Mumbai admission, candidate should check the MBA Finance fees and eligibility criteria. Students have to pass the bachelor’s degree programme to apply for the MBA in Finance course.
- Applicants who want to take an MBA in Finance admission need an undergraduate degree from a recognized university in any field, such as BBA, BA, B.Sc, B.Com, or BCA with atleast of 50%.
- They require to appear for the national, state or university-level entrance examinations.
- For the MBA in Finance programme, there are no age restrictions.
MBA in Finance Admission Process
The MBA in Finance admission procedure is similar for each college in Mumbai, India, it can be either based on the entrance exam or merit. Some MBA Finance colleges only accept first-come, first-served candidates, nevertheless, most MBA colleges admit students based on their performance in the different entrance tests.
- Students should first enroll in the colleges and universities that offer an MBA in Finance course.
- Then, they have to meet the MBA in finance eligibility criteria created by the authorities.
- Before applying to MBA colleges, students must check their MBA Finance eligibility criteria.
- They need to appear for the entrance exam for the MBA in Finance Program.
Top MBA in Finance Colleges Entrance Examinations
| Exam Name |
Registration Date |
Exam Date |
Result Date |
| CAT |
August 2 (10 AM) – September 20, 2023 (5 PM) |
November 26, 2023 |
December 21, 2023 |
| GMAT |
Throughout the year |
Throughout the year |
Depending on the Exam |
| MAT |
PBT Mode: To be AnnouncedCBT 1 Mode: September 12, 2023 (Last Date)
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PBT Mode: To be Announced CBT 1 Mode: September 17, 2023
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To be Announced |
| NMAT |
August 1 – October 10, 2023 |
October 10 – December 19, 2023 |
Within 48 hours of exam delivery |
| SNAP |
August 23 – November 23, 2023 |
December 10, 2023
December 17, 2023
December 22, 2023 |
January 10, 2024 |
| XAT |
July 15 – November 30, 2023 |
January 7, 2024 |
January 2024 |
| ATMA |
4th week of December, 2023 – 3rd week of February, 2024 |
4th week of February, 2024 |
1st week of March, 2024 |
MBA in Finance Skills
For the MBA in Finance in Mumbai, different skills are required, such as managerial skills and knowledge of organizational culture. Studentswant all of these skills not only for MBA in Finance Mumbai but also for other MBA disciplines such as Marketing Management, and Operations Management. Some of the MBA in Finance Mumbai skills needed are given below:
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Pressure Handling
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Time Management
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Communication Skills
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Quantitative Skills
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Financial Skills
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Busi`ness and Management Interest
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Critical Thinking
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Analytical Skills
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Decision-Making Skills
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Numerical ability
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MBA in Finance Colleges in Mumbai Syllabus
MBA in Finance in Mumbai subjects is divided into 4 semesters. The MBA in Finance Mumbai curriculum includes different subjects such as Managerial Economics, Financial Management, Business Environment and Law, and Strategic Financial Management. In the table below, we have mentioned the MBA in Finance subjects.
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Semester I
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Management Concepts &OrganizationalBehavior
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Managerial Economics
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Accounting for Managers
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Business Environment and Law
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Research Methodology
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-
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Semester III
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Financial Management
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Marketing Management
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Human Resources Management
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Operations Research and Management
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Strategic Management
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-
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Semester III
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Strategic Financial Management
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Banking and Indian Financial System
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Merchant Banking and Financial Services
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Project Management
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Management Accounting
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-
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Semester IV
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Investment and Portfolio Management
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Global Financial Management
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International Trade and Finance
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Security Market Operations
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Financial Derivatives
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Project Work
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Top Private MBA in Finance Colleges in Mumbai
Among the top 10 MBA Finance colleges in Mumbai, for a thorough summary of the private best universities for MBA in finance fees, see the table below:
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Private Colleges
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Total Tuition Fee
|
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MKES Institute of Management Studies and Research, Mumbai
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INR 7,90,000
|
|
NMIMS School of Business Management Admission
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INR 23.9 lakh
|
|
S.P. Jain Institute of Management and Research Admission
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INR 20 lakh – INR 22 lakh
|
|
K J Somaiya Institute of Management Admission
|
INR 16.6 lakh
|
|
Prin. L. N. Welingkar Institute of Management Development and Research Admission
|
INR 13 lakh
|
|
Jamnalal Bajaj Institute of Management Studies Admission
|
INR 6 lakh
|
ROI of Best MBA in Finance Colleges in Mumbai
Return on Investment (ROI) shows how much revenue or benefit you get if you pursue a degree course from a particular college. It measures the return of the fee invested by the applicant while studying and the return he/she gets in the form of placements.
The table below shows the top 5 MBA in Finance colleges in Mumbai with fees and yearly average package:
| College Name |
Total Tuition Fee |
Annual Average Package |
|
MKES Institute of Management Studies and Research, Mumbai
|
INR 7,90,000
|
INR 15 LPA
|
|
NMIMS School of Business Management MBA
|
INR 24 lakh
|
INR 19 LPA
|
|
S.P. Jain Institute of Management and Research MBA
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INR 20 lakh – INR 22 lakh
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INR 21 LPA – INR 31 LPA
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K J Somaiya Institute of Management MBA
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INR 17 lakh
|
INR 10 LPA
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Prin. L. N. Welingkar Institute of Management Development and Research MBA
|
INR 13 lakh
|
INR 10.5 LPA
|
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Jamnalal Bajaj Institute of Management Studies MBA
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INR 6 lakh
|
INR 26.48 LPA
|
Top Government MBA in Finance Colleges in Mumbai
Mumbai offers many reputable government MBA colleges specializing in finance, providing quality education and strong industry connections. Institutions like the Jamnalal Bajaj Institute of Management Studies and the Sydenham Institute of Management Studies attract candidates with their complete finance curricula and experienced faculty. These programs focus on practical learning through internships and workshops, preparing graduates for roles in banking, investment, and corporate finance. Furthermore, government colleges has lower tuition fees as compared to private mba colleges in mumbai. The energetic Mumbai financial hub enhances career opportunities for MBA students in finance.
Among the top 10 MBA Finance colleges in Mumbai, mentioned in the table below for a full overview of the government top colleges for MBA in finance fees.
| Institute Name |
Fees |
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College of Social Work Nirmala Niketan, Mumbai
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70.82 K
|
|
IIM Mumbai (NITIE) - Indian Institute of Management Mumbai
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Not Mentioned
|
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JBIMS Mumbai - Jamnalal Bajaj Institute of Management Studies, Mumbai
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Not Mentioned
|
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Jankidevi Bajaj Institute of Management Studies, Mumbai
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Not Mentioned
|
|
MNLU Mumbai - Maharashtra National Law University, Mumbai
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35 K
|
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Maharashtra State Skills University, Mumbai
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1.73 Lakhs
|
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Premlila Vithaldas Polytechnic, Mumbai
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37.66 K
|
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SJMSOM IIT Bombay - Shailesh J Mehta School of Management, Indian Institute of Technology, Bombay
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14.02 Lakhs
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Sir Vithaldas Thackersey College of Home Science, Santacruz
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1.83 Lakhs
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Smt MMK College of Commerce and Economics, Mumbai
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53.51 K
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Sydenham College of Commerce and Economics, Mumbai
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47.69 K
|
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SIMSREE Mumbai - Sydenham Institute of Management Studies, Research and Entrepreneurship Education, Mumbai
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1.34 Lakhs
|
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Mumbai University - University of Mumbai, Mumbai
|
Not Mentioned
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MBA in Finance Colleges in Mumbai
Looking for top MBA in Finance College in Mumbai with low fees? MKES - Institute Of Management Studies and Research is the right destination for you.
Mumbai is the financial capital of India and one of the most significant commercial centers in the world. It is home to some of the MBA in Finance College in Mumbai in the country.
The fees for MBA in Finance College in Mumbai vary depending on the college and the program. However, the fees are usually between INR 5 Lakhs and INR 10 Lakhs per year.
In conclusion, doing an MBA in Finance is an outstanding investment for candidate looking to build a fruitful career in finance. With its comprehensive curriculum, practical approach, and opportunities for empirical learning, this specialized program prepares graduates to thrive in the fast-paced and competitive world of finance, making them valuable assets to employers seeking financial expertise and leadership talent.
MBA in Finance College in Mumbai
MKES Institute of Management Studies and Research
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Particular
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Details
|
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Name
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MKES Institute of Management Studies and Research
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Established
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2022
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Approved by
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AICTE
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Flagship Program
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PGDM
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Seats
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60
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College Website
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https://mkesimsr.ac.in/
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Average CTC
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INR 6 LPA
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Top Recruiters
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Aditya Birla Group, Bajaj Capital, Canara Bank, CARE, DBS Bank, EmkayGlobal, FinancialServices, geojit, HDFC Bank, IDFC
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MKES Institute of Management Studies and Research: Courses & Fees 2024
MKES Institute of Management Studies and Research is an educational institution in Mumbai focused on management studies and research. Institutions offers programs in business administration, management, finance, marketing, and related fields. They might provide undergraduate and postgraduate degrees, along with numerous professional development courses. For specific details about programs, admission criteria, faculty, and other offerings, it's best to visit their official website or contact them directly. If you have particular questions or need information on a specific aspect, feel free to ask!
| Particulars |
MKES- Institute of Management Studies and Research |
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Established in
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2022
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Approved by
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AICTE
|
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Flagship Program
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PGDM
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Seats
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60
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College Website
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https://mkesimsr.ac.in/
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| Course Name |
Details |
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PGDM
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Total Fees: INR 7,95,000 Lakhs
Specialization: Finance, Marketing, Business Analytics, Human Resource, Entrepreneurship
Eligibility: Graduation with 50%
Selection Process: CAT/ MAT/ XAT/ CMAT/ GMAT/ ATMA/ MH-CET valid score
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NMIMS Mumbai
NMIMS Mumbai, short for Narsee Monjee Institute of Management Studies, is a prestigious educational institution located in Mumbai, India. It is part of the SVKM's NMIMS (Shri Vile Parle Kelavani Mandal's Narsee Monjee Institute of Management Studies) University, which is a deemed university recognized by the University Grants Commission (UGC) of India. NMIMS Mumbai offers a wide range of undergraduate, postgraduate, and doctoral programs in various disciplines, including management, engineering, pharmacy, commerce, economics, law, architecture, science, and more. The institution is renowned for its quality education, experienced faculty, and emphasis on practical learning through industry exposure and internships.
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University Name
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NarseeMonjee Institute of Management Studies (NMIMS)
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Established
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1981
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Exams Accepted
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NMAT, NMIMS CET, NPAT, MHT CET
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Mode of Application
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Online and Offline
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Courses Offered
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UG, PG and Diploma
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Highest CTC
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67.80 LPA
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Average CTC
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26.63 LPA
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Official Website
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www.nmims.edu
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Mumbai University
Mumbai University, located in the bustling metropolis of Mumbai, stands as a beacon of higher education in India. Established in 1857, it boasts a rich history and a commitment to academic excellence. Let's delve into the depths of this esteemed institution to uncover its legacy, offerings, and contributions to the world of education. Mumbai University, formerly known as the University of Bombay, was founded in 1857, making it one of the oldest universities in India. It began with the aim of providing quality education to the citizens of Bombay Presidency.
Mumbai University IDOL Rankings
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RANKING SYSTEM
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RANK
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NIRF 2020
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#65
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Outlook 2020
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#74
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UGC, NAAC, AIU
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Certified
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Mumbai University
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Established
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1857
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Full Name
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University of Mumbai
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Accreditation
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NAAC Grade A++
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Affiliation
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UGC, AIU
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NIRF Ranking 2023
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56 (University)
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Courses
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BA, B.Sc, BBA-LL.B, M.Com, M.Sc, M.Ed, MPhil, PhD
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Total Departments
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56
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Mode of Application
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Online
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Campus Area
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250 Acres
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Official website
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https://mu.ac.in/
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NIM Mumbai
NIM Mumbai also known as National Institute of Management, Mumbai, is known for offering management training and education courses. It focuses on developing skills in many aspects of management, including leadership, strategy, and finance. If you are searching for specific information about courses, admissions, or other details, feel free to ask!
| Established in |
1990 |
| Institute Type |
Private |
| Approved by |
AICTE |
| Courses Offered |
M.E./M. Tech, MBA/PGDM, Executive MBA/PGDM, MCA, Ph.D., CFA, PG Diploma, PGDCA, UG Diploma |
| Admission Criteria |
Entrance-based (MHCET, GATE) |
| Application Mode |
Online |
| Official Website |
https://www.nimonweb.com/ |
| Facilities |
Cafeteria, Library, Laboratory, Medical facilities, Auditorium, Computer Labs |
| Scholarships |
Merit-based |
St. Francis Institute of Management and Research
St. Francis Institute of Management and Research (SFIMAR) stands as a beacon of academic excellence and innovation in the field of management education. Established with the vision of nurturing future leaders and entrepreneurs, SFIMAR has carved a niche for itself in the realm of higher education. Let's delve into the depths of this esteemed institution to uncover its legacy, offerings, and contributions to the world of management.
| Established Year |
2002 |
| Type |
Private |
| Approved by |
AICTE |
| Top Courses |
MMS, PGDM, PhD, MBA |
| Admission Criteria |
Entrance and Merit-Based |
| Highest CTC |
INR 10 LPA |
| Average CTC |
INR 4.50 LPA |
| Top Recruiters |
Nomura, ITC Ltd, Morgan Stanley, Indian Express, Carnival Group and Eduvanz |
| Scholarships |
Available (Merit & Need Based) |
| Facilities |
Library, cafeteria, transportation, hostel, first aid kit, ATM etc. |
MBA in Finance Colleges in Mumbai with NIRF Ranking 2023
The Ministry of Education, Government of India, has adopted the National Institutional Ranking Framework as a ranking methodology for Indian higher education institutions. The framework was introduced by the Minister on September 29, 2015, after being approved by the former Ministry of Human Resource Development.
Among the top 10 MBA Finance colleges in Mumbai, the table given below displays the best MBA Finance colleges in Mumbai along with their NIRF rankings for past 3 years, i.e. from 2021 to 2023:
| College Name |
NIRF 2021 |
NIRF 2022 |
NIRF 2023 |
|
S.P. Jain Institute of Management and Research
|
19
|
21
|
20
|
|
NMIMS School of Business Management
|
NA
|
NA
|
21
|
|
K J Somaiya Institute of Management
|
56
|
71
|
45
|
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Prin. L. N. Welingkar Institute of Management Development and Research
|
72
|
68
|
73
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Types of MBA Finance in Mumbai
The majority of top colleges in Mumbai offer MBA Finance in full-time mode, but few institutions have also come up with MBA finance programs in either part-time, distance, or online way.
| Types of MBA Finance |
Eligibility |
Duration |
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Full-Time MBA Finance
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Bachelor’s degree with a valid score in CAT, ATMA or any other MBA exams (work experience is elective)
|
2 years
|
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Part-Time MBA Finance
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50% marks in graduation degree along with 2-3 years of work experience. Admission is based on profile, performance in GD/PI rounds.
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2-3 years
|
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Distance MBA Finance
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50% aggregate in any bachelor’s degree plus a valid CAT/MAT/GATE or any other MBA examination score. (Some colleges select students based on merit)
|
2 years
|
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MBA Finance Online
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50% marks (45% for reserved category) in bachelor’s degree in any discipline
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2-4 years
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MBA in Finance College in Mumbai FAQs
Ques. What is an MBA in Finance, and what does it cover?
Ans. An MBA in Finance is a postgraduate degree program that focuses on financial management, investments, banking, corporate finance, and related areas. It equips students with the knowledge and skills required to excel in financial roles in various industries.
Ques. What are the eligibility criteria for MBA in Finance colleges in Mumbai?
Ans. Eligibility criteria typically include a bachelor's degree from a recognized university with a minimum percentage or CGPA requirement, along with a qualifying score in entrance exams such as CAT, MAT, XAT, CMAT, or MH-CET.
Ques. What specializations or elective courses are available in MBA in Finance colleges in Mumbai?
Ans. MBA in Finance colleges in Mumbai may offer specializations or elective courses in areas such as Investment Management, Financial Analysis, Corporate Finance, Risk Management, Financial Markets, and International Finance, among others.
Ques. How is the placement scenario for MBA in Finance graduates from colleges in Mumbai?
Ans. MBA in Finance colleges in Mumbai usually have dedicated placement cells that facilitate internships and job placements with leading financial institutions, banks, consulting firms, and corporates. The placement process includes resume building, interview preparation, and networking opportunities.
Ques. What are some key factors to consider when choosing an MBA in Finance college in Mumbai?
Ans. When selecting an MBA in Finance college in Mumbai, factors to consider include accreditation, faculty expertise, industry connections, placement records, curriculum relevance, infrastructure, alumni network, and overall reputation within the finance sector.
Ques. What will be the salary package for MBA finance candidate in TCS?
Ans. Ans. According to many job portals, the annual salary received by an MBA Finance worker in TATA Consultancy Services (TCS) is 6,78,000 which increases with experience.
Ques. What is the starting salary of an MBA finance candidate from a normal college?
Ans. In India, the starting salary for a applicant graduates with MBA Finance from normal colleges is INR 2,80,000 to INR 5,00,000 per annum.
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