MBA in Finance and HRM is a postgraduate level program with a duration of 2 years. Students seeking admission to this course must hold a Bachelor’s degree in relevant discipline or equivalent from a recognized university.
Some of the top institutes offering MBA in Finance and HRM are given below:
- Nitte Meenakshi Institute of Technology, NMIT
- CMS Business School, Jain University
- Jain University, Bangalore
- LPU University, Jalandhar
- Kuvempu University
The average fee to pursue this program ranges from INR 56,000 to 8,74,000.
Admission to this course is granted on the basis of candidate’s performance in the entrance test conducted at the university level or national level. Post the entrance exam, every university or institute conducts their own GD/PI round, after which student will finally secure a seat in that particular institute or university.
Students who want a successful and promising career in Banking and Finance along with HR are suited for this course. MBA in Finance and HRM course provides numerous career opportunities to students in the Finance market.
The career options in this course include employment in various sectors such as in Colleges and Universities, Banking Sector, Financial Organizations, Marketing etc. On completion of MBA in Finance and HRM program, students can opt for jobs of various profiles such as Marketing Manager, Banker, Finance Manager, Teacher/ Lecturer etc. Students holding an MBA degree in Finance and HR Management will get an average annual salary ranging from INR 3 to 8 Lacs and this salary depends on the experience and knowledge of the candidate.
Table of Content
- MBA in Finance and HRM: Course Highlights
- MBA in Finance and HRM: What is it About?
- MBA in Finance and HRM: Admission Process
3.2 Entrance Exams
MBA in Finance and HRM: Course Highlights
| Course Level | Postgraduate |
| Duration | 2 Years |
| Examination Type | Semester System |
| Eligibility | Master’s degree in relevant discipline or equivalent |
| Admission | Entrance Test followed by Group Discussion and Personal Interview |
| Course Fee | Ranges from INR 56,000 to INR 8,74,000. |
| Average Starting Salary | INR 3,00,000 to INR 8,00,000 |
| Top Recruiting Organizations | Jain University, RBI, State Bank of India, NBFC, MNCs and various Govt. Organizations. |
| Top Recruiting Areas | Colleges and Universities, Banks, Financial Organizations, Marketing sector etc. |
| Top Job Profiles | Marketing Manager, HR Manager, Banker, Finance Manager, Teacher/ Lecturer etc. |
MBA in Finance and HRM: What is it About?
MBA in Finance and HRM program generally focuses on the topics related to Finance and Human Resource Management. This course is concerned mainly with the Accounts and Finance Sector.
Students who wish to make their career in the banking and financial sector and want to work for big organizations as an HR Manager are well suited to this course. Candidates seeking admission to MBA in Finance and HRM course should possess skills such as Managerial skills, Leadership skills and time management skills.
On completion of this course, students can opt for jobs in various sectors such as in Colleges and Universities, Banks, Financial Organizations, MNCs etc. as a Marketing Manager, HR Manager, Banker, Finance Manager, Teacher/ Lecturer etc.
MBA in Finance and HRM: Admission Procedure
Admission to MBA in Finance and HRM course will be granted strictly on the basis of candidate’s performance in the entrance test conducted by the College/ University followed by Group Discussion and Personal Interview. Admission to this course will commence in the month of August. Students who are willing to seek admission to this course can apply for the same either online or offline.
In order to fill the application form online, students have to visit the College’s/ University’s official website and enter all the necessary details correctly in the form. On successful registration, the admission authorities will contact you after which you have to visit the college/ university campus in person will all the documents required such as Graduation Mark Sheet, Degree, ID proof and Photographs to complete the admission process. Candidates who wish to apply offline are required to visit the university/ college and purchase the application form and submit the same after filling it correctly.
The list of colleges offering MBA in Finance and HRM program along with their admission procedure is given below:
| Nitte Meenakshi Institute of Technology, NMIT | Entrance Test + GDPI |
| CMS Business School, Jain University | Entrance Test + GDPI |
| Centre for Management Studies | Entrance Test + GDPI |
| Kuvempu University | Entrance Test + GDPI |
On receiving all application forms, the above-mentioned institutes releases its cut-off marks in the entrance examination for admission to MBA in Finance and HR Management course. Admission to this course will be granted only to those candidates who clear the cut-off marks decided by the respective colleges/ universities and also on meeting the other necessary admission requirements decided by the admission authority.
MBA in Finance and HRM: Eligibility Criteria
Students seeking admission to MBA in Finance and HR Management must hold a Bachelor’s degree in relevant discipline or equivalent from a recognized university. Candidates are required to clear the cut off percentage decided by the respective College or University in the entrance test.
Entrance Exam
MBA in Finance and HRM: Entrance Exams
The aspirants of Master of Business Administration in Public Policy have to prepare for a series of gruelling examinations to prove their credentials and gain admission into the top MBA colleges and universities in the nation by dint of merit:
- CAT: is the most important entrance exam conducted by the Indian Institute of Management(s) (IIMs) and it is preferred as the qualifying exam by most top management institutes and B-schools in India.
- XAT: Final year students and students with Bachelor's degrees can apply for the XAT exam, conducted by the Xavier School of Management.
- MAT: Management Aptitude Test 2022 is conducted by the All India Management Association (AIMA), which is a national body for the management profession in India and MAT exam takes place 4 times in a year, i.e. in February, May, September, and December.
- GMAT: Conducted by the Graduate Management Admission Council [GMAC], the GMAT exam is the qualifying examination for admission into colleges governed by GMAC.
- CMAT: Conducted by the All India Council for Technical Education [AICTE], the CMAT exam is widely accepted as a qualifying exam by a large number of government-sponsored management and business institutes in India.
Some of the top entrance exams with their important dates are mentioned in the table below:
| Exam Name | Exam Details |
|---|---|
| CAT | Check Here |
| MAT | Check Here |
| SNAP | Check Here |
| IIFT | Check Here |
| IBSAT | Check Here |
| CMAT | Check Here |
| MAH CET | Check Here |
| NMAT | Check Here |
| ATMA | Check Here |
| XAT | Check Here |
| TISSNET | Check Here |
| TANCET | Check Here |
MBA in Finance and HRM: Top Institutes
A list of some of the top institutes/ universities across India offering this course is provided in the table given below:
| Name of the Institute | Location | Average Course Fee |
|---|---|---|
| Nitte Meenakshi Institute of Technology, NMIT | Bangalore, Karnataka | INR 1,70,000 |
| CMS Business School, Jain University | Bangalore, Karnataka | INR 8,74,000 |
| Centre for Management Studies | Bangalore, Karnataka | INR 2,56,000 |
| Kuvempu University | Shimoga | INR 56,000 |
MBA in Finance and HRM: Syllabus and Course Description
While pursuing MBA in Finance and HRM program, candidates have to study the subjects mentioned below. The details of subjects that candidates need to study in each semester are provided in the table given below:
| Semester I | Semester II |
|---|---|
| Management Process and Practices | Human Resources Management |
| Accounting for Managers | Marketing Management |
| Business Communication | Financial Management |
| Quantitative Techniques | Research Methodology |
| Organizational Behavior | Management Science |
| Managerial Economics | Legal Aspects of Business |
| Production and Operations Management | Management Information System and Computer Application |
| Semester III | Semester IV |
| Entrepreneurship Development and Management of MSME. | Strategic Management and Business Policy |
| Business Ethics and Corporate Governance | International Business |
| MM: Consumer Behavior & CRM FM: Indian Financial System. HRM: Training and Management Development | MM: Rural Marketing Management FM: Corporate Tax Planning HRM: Strategic Human Resource Management |
| MM: Sales, Logistics Management and Retailing. FM: Advanced Corporate Finance HRM: Industrial Relations and Labour Legislation. | MM: Business & Services Marketing FM: Financial Derivatives. HRM: Organizational Development and Change Management |
| MM: Advertising and Brand Management. FM: Security Analysis and Portfolio Management HRM: Performance Management. | MM: International Marketing. FM: International Financial Management HRM: International Human Resources Management |
| In-Plant Training | Concurrent Project work & Viva-voce |
MBA in Finance and HR Management: Career Prospects
MBA in Finance and HRM course is beneficial for students as it helps them in learning about the major reforms in the financial sector as well as about the Marketing. This course contributes towards making students a successful banker. This course also helps in enhancing the communication, leadership and time management skills of students. Various opportunities exist for students holding MBA degree in Finance and HR Management. Several jobs exist for professionals in this field such as they could work in Colleges and Universities, Banks, Financial Organizations, MNCs etc.
A person holding MBA in Finance and HRM degree could work in the following profiles on completion of this course:
- Marketing Manager
- HR Manager
- Banker
- Finance Manager
- Teacher/ Lecturer
MBA in Finance and HRM Top Recruiters
- Jain University
- State Bank of India
- RBI
- NBFC
- MNC
MBA in Finance and HRM: Salary Trends
MBA in Finance and HRM is a top dual degree MBA program. This is a rare yet popular combination as it helps students in enhancing their leadership and communication skills. The average salary offered to MBA degree holders in Finance and HR Management ranges from INR 25,000 to INR 65,000 per month depending on the college, degree, experience and knowledge of the student. Students having experience in this field will surely get a job with high salary.
| Job Profile | Job Description | Average Annual Salary (INR) |
|---|---|---|
| Marketing Head | The job of a Marketing Head is to handle the marketing area such as developing marketing policies, planning and promoting promotional campaigns etc. | INR 3,00,000 to INR 7,00,000 per year |
| Finance Manager | A Financial Manager is responsible in maintaining the Financial health of an organization. He is responsible for handling all Financial matters. | INR 4,00,000 to INR 8,00,000 |
| HR Manager | The job of an HR Manager is to manage and develop all HR related programs and policies of an organization | INR 2,40,000 to INR 6,00,000 |
| Lecturer/ Teacher | One can work as a teacher/ Lecturer in Colleges and teach students about the concepts of Finance and Human Resource Management. | INR 3,00,000 to INR 6,00,000 |
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