MBA in Finance: It is one subject that maintains a strong foothold in the field of Management specialization for decades due to its in-demand career scope. Especially if a student has completed the course from one of the top Indian Institutes of Management in India. As finance is the core of any firm and organisation, be it in the private or public sector, students always perceive to do an MBA in Finance from IIM, the best in business management to guarantee a great future with an 80% and above placement ratio.
Therefore, this blog focuses on highlighting details about MBA in Finance from IIM and their placement ratio for a good perspective of the course.
This Blog Includes:
Best IIM for Finance
Pursuing a career in Finance opens up the door to endless opportunities to explore skills like investment management, financial modelling and evaluation, econometrics, accounting and many other interests. As the Indian Institute of Management (IIM) is the best in business, there are thousands of students applying for an MBA Finance course at IIMs.
Also Read: Top IIMs in India
Top Ranked IIMs for MBA Finance
All the IIMs are equipped with the best faculty for providing MBA in Finance. However, candidates are suggested to check the rankings of IIMs for MBA courses mentioned below to estimate the admission competency of the institutes.
|List of IIMs for Finance||NIRF Ranking for Management 2022|
|IIM Bodh Gaya||–|
Top Recruiters for MBA Finance at IIMs
Here is a list of top recruiters for MBA finance at IIMs and their average package. It is important to note that these are average salary packages and may vary depending on the candidate’s profile, experience, and other factors.
|IIM Ahmedabad Placements|
|Goldman Sachs||INR 40 LPA|
|JP Morgan||INR 35 LPA|
|McKinsey & Company||INR 30 LPA|
|IIM Bangalore Placements|
|Goldman Sachs||INR 39 LPA|
|Morgan Stanley||INR 34 LPA|
|BCG||INR 30 LPA|
|IIM Calcutta Placements|
|Gaza Capital||INR 70 LPA|
|Goldman Sachs||INR 35 LPA|
|Credit Suisse||INR 35 LPA|
|IIM Lucknow Placements|
|Avendus||INR 40 LPA|
|Goldman Sachs||INR 30 LPA|
|McKinsey & Company||INR 25 LPA|
|IIM Kozhikode Placements|
|Goldman Sachs||INR 21 to 23 LPA|
|ICICI Bank||INR 20 to 22 LPA|
|JP Morgan||INR 21 LPA|
MBA Finance Admission in IIM
The minimum duration of an MBA in Finance in IIM is of 2 years. While applying for the course admission, candidates must need to fulfil certain admission processes and eligibility criteria to enrol in the course.
Although the qualifying criteria may vary from the course and IIM, the common eligibility requirement for admission to an MBA in Finance at IIM is as follows:
- Applicants must be a graduate with a qualification of 50% aggregate marks for the Unreserved category and 45% for any Reserved category.
- The minimum age limit for students applying for admission to IIM is 20 years as of the date of application.
- Candidates who have passed out from 12+ need to maintain a score of 60% and above to be eligible for the course.
- Applicants can also submit the score of any entrance examination like CAT/GMAT/XAT, etc.
Although all of the IIMs hold value in terms of recognition as the best MBA institutions in India. However, some of the best IIMs for Finance MBA as per the number of applications, faculty and placement are IIM Ahmedabad, IIM Bangalore, IIM Indore, and IIM Calcutta.
The highest package of a fresher with a Finance MBA degree from IIM lies between INR 15 Lacs to INR 20 Lacs per annum.
The course duration of an MBA in Finance at the Indian Institute of Management is 2 years.
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