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Best College for Online MBA in Finance | UGC Approved College
The Indian economy plays a significant role in the global financial markets, which is growing substantially. According to Statista statistics, the Finance market value was USD 9.34 million in 2022, with a CAGR rate of 14.02%, and is now set to reach USD 19.55 million by 2027. This robust growth shows the importance of economic growth. If you choose the best college for online MBA in Finance, you can already imagine a successful career in finance with a high income salary.
Choosing a finance MBA program can be transformative, as it stands out in the business market. The program’s benefits, including industry learning, interactive discussions, and networking, will all prepare you to thrive in your future finance career.
Let’s start the blog and explore the skills, advantages, careers, and top colleges required for a successful finance career.
What does an Online MBA in Finance define?
The MBA Finance Online Course is a two-year program that is ideal for working professionals seeking to enhance their academic credentials on their resume for improved job prospects.
It imparts students’ knowledge of the financial scenario by addressing various concepts such as maximisation, portfolio management, capital investment evaluation and security analysis.
Skills Required for an Online MBA in Finance
You might be curious to know what skills are required to upgrade your financial knowledge. I have brought to your attention a few timeless skills, including Financial Accounting, Analytical Thinking, Effective Communication, Risk Management, and More.
Mastering these skills is not only necessary but also essential for achieving financial career success. Let’s understand these skills precisely.
- Financial Accounting: One of the key skills involved in learning an online MBA in finance is gaining a thorough understanding of financial statements, including the balance sheet, cash flow statement, and income statement. You will also learn to analyse financial statements to improve the company’s financial position in terms of performance and profit.
- Analytical Thinking: The best college for online MBA in finance will help you develop solid analytical skills to recognise complex problems and solve them simultaneously. This includes breaking down problems, evaluating data, and using financial models to make informed business decisions.
- Effective Communication: Enrolling in the best college for online MBA in Finance in India enhances your communication skills and helps you deliver concise information on financial concepts to stakeholders, both in written and oral form. This ensures that all non-financial audiences profit from the information they access.
- Risk Management: As a finance graduate, it’s essential to identify and mitigate financial risk to ensure the profitability and stability of the organisation by employing various strategies and tools.
- Financial Reporting: When pursuing an online MBA in finance, you must learn skills to enhance your ability and prepare detailed reports that impact your financial performance and the company’s position, ensuring transparency and regulatory compliance.
Best College for Online MBA in Finance in India: Key Advantages
When pursuing an online MBA in finance program, it’s essential to understand what its advantages are that help you build your future career.
- Increased Economy: The Indian economy is expanding into diverse sectors, including banking, finance, and investment services, as well as insurance, which offer various business opportunities.
- Demand for Financial Professionals: A growing need for finance professionals is driving market demand and offering vast career opportunities in India, along with higher salaries.
- Solid Industry-Connection: The best college for online MBA in finance in India offers solid connections with the finance industry, ensuring you receive job-ready programs, internships and live projects.
- Placement and Internship Opportunities: As you are aware, the strong ties with industrial organisations offer students secure jobs and internships to gain practical experience.
- Career Upliftment: The online MBA program in Finance advances your career path and prepares you for various financial roles in top companies, offering higher salaries and significant career progression.
Online MBA in Finance From IIM
If you are truly passionate about a finance career and want a renowned degree, enrol in an online MBA in finance course from a top IIM for enhanced learning and career experience. Here are some prominent IIMs with their average fee structure.
| IIM Name | Course Name | Entrance exam for selection | Avg. Fees |
| IIM Ahmedabad | E-Mode PGP | CAT, GMAT, GRE, IAT + Personal Interview | INR 20,00,000 |
| IIM Kozhikode | Executive Post Graduate Programmes (EPGP) | EMAT+ Personal Interview | INR 2,00,000 |
| IIM Shillong | PGP (Working Professional) | CAT, GMAT+ Personal Interview | INR 10,00,000 |
| IIM Raipur | E-MBA | CAT, GMAT+ Personal Interview | INR 10,00,000 |
| IIM Rohtak | EPGPX | CAT, GMAT, GRE, GATE + Personal Interview | INR 7,15,000 |
Please Note: The fees mentioned above are subject to change over time.
UGC-Approved Best College for Online MBA in Finance: Exploring Private, Government & Online
An MBA in finance is a top specialisation offering various career opportunities. Here are some renowned B-schools you can aim for that will guide you in reaching your goals.
Top Private College For Online MBA in Finance
| College Name | Avg. Fees |
| XLRI Xavier School of Management Admission | INR 13.9 Lakh |
| Management Development Institute Admission | INR 8.95 Lakh |
| Amrita Vishwa Vidyapeetham Admission | INR 2.2 Lakh |
| Birla Institute of Management Technology Admission | INR 2.75 Lakh |
| Prin. L. N. Welingkar Institute of Management Admission | INR 1.26 Lakh |
Top Government College For Online MBA in Finance
| College Name | Avg. Fees |
| IGNOU | INR 62,000 |
| Kurukshetra University Online | INR 90,000 |
Best College For Online MBA in Finance
| College Name | Avg. Fees |
| Amity University | INR 1,99,000 |
| Jain University | INR 1,96,000 |
| Lovely Professional University | INR 2,00,000 |
| NMIMS | INR 1,96,000 |
| DY Patil Vidyapeeth University | INR 1,89,400 |
| Manipal Online | INR 1,75,000 |
Online MBA in Finance: Overview of Syllabus
A comprehensive understanding of the online MBA syllabus can provide valuable insights. Let’s take a deep look at it.
Semester 1
- Financial and Management
- Managerial Economics
- Quantitative Methods
- Managing People and Organisations
Semester 2
- Marketing
- Financial Management
- Strategic Management and Business Policies
- Global Financial Market and Products
Semester 3
- Management of Banks and Financial Institutions
- Derivatives and Risk Management
- Multinational Finance
- Elective 1
Semester 4
- Elective 2
- Elective 3
- Projects
Career Prospects and Salary Structure After Online MBA in Finance
A professional or recent graduate can consider key job roles after completing an online MBA in finance.
| Job Roles | Salary in INR |
| Chief Financial Officer | 39,00,000 |
| Corporate Finance Manager | 18,60,000 |
| Asset Management | 18,00,000 |
| Investment Banker | 16,00,000 |
| Credit Analyst | 13,00,000 |
| Financial Analyst | 8,00,000 |
| Risk Manager | 14,00,000 |
| Equity Manager | 19,30,000 |
Please Note: The salary mentioned above is subject to change and may vary depending on educational background, work experience, and location.
Why Choose an Online MBA in Finance?
Finance is one of the most sought-after specialisations in online MBA programs because it opens doors to high-paying salaries and rewarding careers. From corporate finance to investment banking, risk management, and fintech, finance professionals are in demand across industries.
Here are some reasons why an Online MBA in Finance is a smart choice:
- Flexibility: You can learn at your own pace without hindering your job or other commitments.
- Affordability: Online MBA programs are more cost-effective compared to full-time MBAs.
- Industry-Relevant Curriculum: Many universities regularly update their curriculum to match current financial market needs.
- Global Opportunities: Finance is a universal field, so the skills you gain can be applied internationally.
- Career Advancement: An MBA in Finance enhances your resume and helps you secure top leadership roles, such as Finance Manager or Chief Financial Officer.
Top Recruiters for MBA Finance in India
Students should check the university’s top recruiters to secure better placements.
- City Bank
- HSBC
- American Express
- Axis Bank
- Morgan Stanley
- McKinsey
- Lehman
- Tata Capital
- Standard Chartered
- Bain & Co
Conclusion
When selecting the best college for online MBA in finance, you can prepare yourself for various careers opportunities in the finance sector, including finance manager, finance analyst, accounting manager, and financial advisor. Prepare today and polish your skills to meet industry-based challenges.
India boasts top-ranked institutes, such as IIM Ahmedabad, IIM Calcutta, and Amity University, which have some of the highest academic records and certified mentors to help you achieve your career goals.
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Frequently Asked Questions
Q1. Which is the best college for online MBA in finance program?
The best college for online MBA in Finance programs in India, according to various rankings and portals, include Amity University Online, Chandigarh University Online, and Manipal University Online. Other top choices often mentioned are NMIMS Online, Symbiosis Online, LPU Online, and D.Y. Patil Vidyapeeth Online.
Q2. What are the online MBA in Finance fees in India?
The online MBA fees in Finance in India range between INR 50,000 and INR 2,00,000, respectively.
Q3. Does an online MBA have value?
Yes, an online MBA has significant value for career advancement, offering flexibility, cost-effectiveness, and access to quality education and networking opportunities. However, its return on investment depends on factors such as the program’s reputation, the student’s goals, and industry demands.
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Chandrika Badaik
Chandrika Badaik is a writer known for her literary reflection and holds the designation of Content Writer at Hike Education, Gurugram. She pursued her education at Pondicherry University and followed her passion by studying Journalism and Mass Communication.
She blends her love for English literature with her writing skills. Through her blogs, she empowers learners with career insights and trending business knowledge.
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