Top 10 MBA Finance Colleges in India 2023: Fee, Eligibility, Salary Packages

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Anyone interested in finance can obtain a distance MBA in finance. The Distance MBA program is designed for individuals with little money or free time, and it allows them to study the subject from anywhere in the world. One only needs to meet the minimal requirements for course eligibility. Also, a correspondence MBA is considerably less expensive than a full-time MBA. 

MBA Although it is complex, difficult to understand, and requires several computations, finance is appealing. However, it’s all worthwhile if you get a glamorous corner office job at any MNC. Currently, a lot of businesses are growing their financial sectors, and there are many job opportunities in the finance industry. So, taking a distance education MBA from a reputable college while continuing your employment is advised if numbers are your thing and promotion is what you need. Everything you need to know is listed here!

Let’s take a look at the top 10 MBA finance colleges in India: 

IFCAI University, Hyderabad 

ICFAI is one of India’s earliest and most promising universities. For at least the coming few decades, no other institution will be able to match IFCAI University’s reputation.

  • Fees: INR 63,000
  • Admission process: Candidates can submit an application through the university’s website or register at an authorized ICFAI center.
  • Eligibility: Candidates must possess a bachelor’s degree in any discipline. A minimum of 10 and 10+2 from a verified institution is required.
  • Total median package: INR 8.06 lakhs per annum

Suresh Gyan Vihar University, Jaipur

SGYU, a relatively new institution on the list, has quickly acquired momentum in terms of quality and placements. It provides its distance learning management courses via EDUsphere, which is both innovative and prospective. The university is accredited by NAAC as Grade ‘A’ and is also approved by UGC.

  • Fees: INR 52,000
  • Admission process: Candidates can apply online through the university’s website or contact an admissions counselor for assistance with the application process.
  • Eligibility: Graduation from any university in any discipline and possession of a valid 10 and 10+2 certificate are prerequisites for eligibility.
  • Total median package: INR 9 lakhs per annum

IGNOU, Delhi

IGNOU’s distance learning MBA programs have maintained a level of excellence, delivery, and execution, which are the main reasons why IGNOU is one of the best colleges for distance MBA in finance in India. IGNOU has improved its ranks over the past 20 years, further solidifying its position as the most popular option for remote learning.

  • Fees: INR 31,500
  • Admission process: Candidates can submit an application online via the IGNOU website or in person at an authorized center in any city.
  • Eligibility: The candidate must be a graduate of any discipline and hold a valid 10 and 10+2 degree to be eligible.
  • Total median package: INR 2.50 lakh per annum

Lovely Professional University, Punjab

LPU, a private university competing in the race, has received a number of honors over the past decade. The LPU student welfare initiatives are commendable and deserving of mention as one of the top colleges for MBA finance in India. 

  • Fees: INR 10,400
  • Admission process: There are a number of LPU distance learning education centers in various cities where candidates can register and obtain information about the entire application procedure. Additionally, online applications are accepted. 
  • Eligibility: Eligibility requirements include a bachelor’s degree in any field and 10+2 certification from an accredited institution. The university also offers fee reductions based on academic achievement.
  • Total median package: INR 8 lakh per annum

MIT, Pune

MIT, which is acknowledged by DEB and UGC, is a private institution. MIT, one of the oldest providers of remote learning, was established in 1983 and has long been regarded as one of India’s most reliable institutions. The Institute’s main goal is to equip students with the skills they need to enter the workforce and be job-ready.

  • Fees: INR 59,000
  • Admission process: Students can apply for the course directly online or by mailing a completed application form and the necessary paperwork to MIT’s main office.
  • Eligibility: The graduation criterion for the two-year PGDBA program offered by MIT is a 2-year degree from any university.
  • Total median package: INR 5.10 lakh per annum

Institute of Management and Technology Ghaziabad (IMT CDL), Ghaziabad

The Grants Commission recognizes IMT as one of the best colleges for distance MBA in finance in India. Student support is available 24 hours a day, seven days a week, and faculty are instructed to assist students even at unusual hours.

  • Fees: INR 88,000
  • Admission process: Candidates can register online through the university’s website or visit the campus for course-specific information.
  • Eligibility: Eligibility requirements include a bachelor’s degree in any field and 10 and 10+2 from a recognized institution.
  • Total median package: INR 12 lakh per annum

Sikkim Manipal University

One of the pioneers of MBA distance learning, SMU, has developed a reputation that is solely the result of enrollment in university courses. As one of the top universities for MBA finance, SMU’s curriculum is replete with knowledge culled from every era. 

  • Fees: INR 20,000
  • Admission process: Students must enroll for the course through the SMU website or by visiting a regional SMU office.
  • Eligibility: Eligibility requirements include a bachelor’s degree in any field and 10 and 10+2 from a recognized institution. In order to apply for the course, students must take the SMAT and achieve at least a 40% score on the entrance examination. The subjects comprising the SMAT are General Knowledge, English Language, Reasoning, and Quantitative Aptitude.
  • Total median package: INR 7 lakh per annum

Symbiosis Center for Distance Learning, Pune

Symbiosis Center for Distance Learning (SCDL) is a well-known institution that is widely regarded as one of the best universities for MBA finance. The Symbiosis Online PG program offers more than 25 courses in popular fields such as human resource management. 

  • Fees: INR 40,000
  • Admission process: Admission forms can be obtained from the SCDL campus, or they can be filled out online, printed, and then mailed to SCDL, Pune, along with the required documentation. The selection is based on the candidate’s performance in the bachelor’s degree program.
  • Eligibility: Candidates need to have a Bachelor’s degree or higher from an accredited university in any field. Students who have completed the final year of their bachelor’s degree program and are awaiting results are also eligible to apply.
  • Total median package: INR 8.50 lakhs per annum 

Annamalai University, Tamil Nadu

Annamalai University is located in southern India and has trained thousands of students over the years. The university’s placement record is impeccable, and the quality of education provided is high, making it in the 9th position of the top 10 MBA finance colleges in India.

  • Fees: INR 39,700
  • Admission process: Candidates can apply online through the university’s website, or they can visit the campus in person. The application fee is approximately 250 INR.
  • Eligibility: The candidate must hold a bachelor’s degree in any field from an accredited institution. 10 and 10+2 is a requirement.
  • Total median package: INR 5.03 lakh per annum 

Amity University, Noida

Amity University is the premier private institution in India. It has earned a reputation in a brief period of time and distinguished itself beautifully from the common perception of private universities in India. It is one of the best MBA colleges for an MBA in finance. 

  • Fees: INR 32,500
  • Admission process: Candidates can submit applications directly through Amity’s website, or they may visit an Amity University, Distance Education Center.
  • Eligibility: Graduation from an accredited high school and possession of a 10+2 diploma are conditions for eligibility.
  • Total median package: INR 9 lakh per annum
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