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Your Guide to an Online MBA in Finance 2024

Jul 05, 2024 by Admin
Your Guide to an Online MBA in Finance 2024

The Online MBA in Finance course is a two-year course and is extremely useful for the working person who wants to add another certification to his or her portfolio to fetch better jobs. You can expect to learn banking, company valuation, accounting, and financial reporting while studying for an MBA in Finance through an online learning program. It will also equip you to conduct an explorative study of core analytics in financial and managerial accounting, statistics, and corporate finance. It also leads to an advanced level of comprehension in core analytics, financial and managerial accounting, statistical analysis, and corporate finance.

 Why choose an Online MBA in finance?

  • Highly Demanded: Since money is the backbone of any company, online MBA finance graduates will always be in high demand because they will be the ones analyzing financial data. Pursuing an online MBA in finance will allow students to learn effective management of money and make sound decisions for organizations.
  • Holistic Development: An online MBA in Finance provides learners with the skills and knowledge needed to become successful in their careers, while also ensuring holistic development. It enhances leadership skills, communication skills, and problem-solving skills among the students, which are vital in their professional lives.
  • Job Security: As graduates of the online MBA curriculum offer high employment opportunities and a relatively safe job market, the corporate world actively seeks these graduates. If you are working somewhere full-time, pursuing an online MBA in finance allows you to find better professional roles in the field of finance.
  • Networking Opportunities: Research has shown that networking can lead to job offers. On LinkedIn, connections lead to 85% of job vacancies. An MBA in Finance can be a great way to learn about such relationships and get more information about new jobs and vacancies. Students gain access to numerous online data sources, employment portals, and career guides. These resources help students find jobs that match their profiles.
  • Lucrative Salary Packages: Graduates who complete an online MBA receive high salaries, which keep increasing as they gain more experience. After completing an online MBA in finance, graduates can earn INR 9–10 lakhs per year. After completing an online MBA in Finance, you can find lucrative pay packages in the following sectors: corporate finance, corporate banking, credit risk management, private equity, Treasury, sales and trading, etc.
  • Personal Fund Management: An online MBA in Finance will teach you the importance of budgets and investments, strategic skills, financial management, creativity, time management, and planning. Learning personal fund management helps you immensely, even if you decide to start your venture after gaining work experience.
  • Entrepreneurial Venture: An online MBA in Finance also equips learners for entrepreneurship as well as beginning an organization. Some of the items you can cover when studying for an MBA in Finance online include how to raise capital, how to manage a business, and how to market a product or service, among others. These skills are critical for entrepreneurs to succeed when they want to start a finance business.

Here are some tips to follow before enrolling in an online MBA program in finance.

While the advantages of online MBAs are undeniable, it’s essential to consider the potential challenges before enrolling:

  • Self-Discipline: While traditional programs have a well-established learning framework, online learning demands discipline and organization from the learner. Being able to complete the course at your own pace requires determination, results, and responsibility.
  • Resource Access Matters: Online learning is convenient for any student since they do not have to attend classes physically; however, there are some services, such as libraries, career services, and student organizations, that may not be available for online programs. Investigate the available support services in the program and seek other means of getting academic and career assistance.

Choosing the Right Online MBA in Finance:

Here are some important considerations: Here are some important considerations:

  • Accreditation and Reputation: To ensure the program's quality, recognized accreditation agencies such as AACSB or ACBSP must accredit preferred programs. Getting a good reputation helps one get better jobs and access to the right alumni.
  • Curriculum and Faculty: Evaluate the subjects offered in the program to determine if they align with the student's intended career path. Search for a detailed schedule that will include the necessary approaches to present-day business and technologies. Currently, faculty have subject matter weightage to the course coupled with vocational experience, which is of great value to the learning process.
  • Technology and Support: Choose a program that allows for simple access to coursework because the online platform is the new classroom. Question the degree of technical assistance provided; it is utterly crucial to have trouble-free access to materials and instructions throughout the course.

Online MBA in Finance Eligibility Criteria

  • Candidates must have graduated from a recognized university with 50% aggregate or equivalent marks.
  • Candidates having relevant work experience would be given preference.
  • Candidates need to qualify for the entrance examinations.
  • There is no age limit for enrolling in an online MBA program.
  • Mostly, aspirants will need to appear for an entrance exam such as XAT, MAT, GMAT, OPENMAT, etc., held by the institutions for granting Online MBA in Finance admission 2024. A few of the universities prioritize candidates who have work experience.

Skills Required for an Online MBA in Finance

Here is the list of skills you need to have to become the next successful finance manager, analyst, or CFO. Moreover, you would learn and enhance most of these skills during an online MBA in finance.

Project management

Communication skills

Analytic reasoning

Financial analysis

Financial Modelling


Business intelligence

Skills management


Financial reporting

Ability to innovate

Adaptability to change

Data management

Global orientation

Presentation abilities


Strategic thinking and planning

Ability to leverage technology

Case study solving


Financial Management


Online MBA in Finance Syllabus

Take a closer look at the typical online MBA program in finance offered by various universities. Note that while this is based on the online MBA program at Jain Online University, the syllabus may differ slightly:

1st Semester

2nd Semester

Business Economics


Managerial Effectiveness and Ethics

Marketing Management

Accounting and Finance

Banking, Financial Services and Insurance

Organizational Behaviour and HR Management

Corporate Law

Quantitative Techniques for Business Decisions

Business Analytics


3rd Semester

4th Semester

Business Research Methods

Business Environment and Strategy

Operations Management

Fixed Income Securities and Derivatives

Direct and Indirect Taxes

Valuation and Investment Banking

Investment Analysis and Portfolio Management

International Finance

Fintech – Foundations and Applications

Cross-Functional Elective Course

Open Elective Course

Master Thesis / Project

Top Online MBA Colleges for Finance Management

Several UGC-approved colleges offer the Best online MBA in finance. The following table lists the top colleges offering online MBA finance courses along with their fees. The list is prepared based on the NIRF ranking. Check out the Online MBA Finance Management Fees :

Online MBA Finance Colleges


SRM University, Chennai

INR 1,89,000

BITS Pilani

INR 2,54,000

Alagappa University

INR 80,300

Amrita Vishwa Vidyapeetham, Coimbatore

INR 2,20,000

Chandigarh University

INR 2,00,000

UPES Online

INR 1,50,000

Mysore University

INR 98,625

Dr. D. Y. Patil Vidyapeeth, Pune

INR 1,40,200

Guru Nanak Dev University, Amritsar

INR 79,000

KL University Guntur

INR 65,500

Periyar University

INR 71,000

Kalinga Institute of Industrial Technology

INR 1,60,000

Chitkara University

INR 2,05,000

Vignan University

INR 1,00,000

Manipal University Online

INR 1,75,000

Jain University

INR 1,50,000

Dr. MGR Educational and Research Institute, Chennai

INR 1,60,000

Guru Jambheshwar University of Science and Technology

INR 48,000

An Online MBA in finance is the ideal choice for individuals seeking to advance their careers while maintaining a full-time job. The fees for an online MBA in finance can vary depending on the university, credibility, location, facilities, and coursework. Any fee higher than this could be a result of factors such as; the availability of ample resources, reputable faculty, worldwide recognition and accreditation, and lastly; strong networking.

Many universities offer fee payment facilities that you can use effortlessly:

  • Fee Waivers
  • Scholarships
  • EMI Options

Career Prospects and Job Opportunities for an Online MBA in Finance

The career after completing an online MBA in finance is promising, fruitful, and exciting. An online MBA in finance provides exciting, groundbreaking career paths and opportunities. You would find yourself getting more job offers and a better Online MBA salary in India, where companies would demand your financial expertise, whether in investment banking, financial analysis, or corporate finance. The demand for professionals who can confidently steer through waves of financial complexities is all-time high.

Many industries require your skills to be developed through an online MBA in finance. Risk management, wealth management, and business intelligence are examples of industries that can drive strategic decisions. You would explore roles such as Chief Financial Officer or Investment Manager, as well as emerging opportunities in sectors such as private equity and asset management.

Through your online MBA in finance, you wouldn’t just study theory; you would immerse yourself in hands-on projects, internships, and networking experiences. These experiences would not only enrich your learning journey but also equip you to excel in competitive environments, where your insights and leadership in financial analysis and operations management can make a significant impact.

Online MBA in Finance: Salary

Graduating with an online MBA in finance is a way to enter some of the most promising occupations. Various positions, such as financial analyst, corporate finance manager, or chief financial officer, are available, with remunerations ranging from INR 3 lakhs to INR 6 lakhs. Subsequently, you can pursue careers in investment banking, risk management, and wealth management, among other areas, with additional cash bonuses ranging from INR 30,000 to INR 2,40,000 per year. It is important to underline that the indicated salaries can be variable according to the job position, the personnel size of the organization, education, and experience, as well as projects completed to date.

Here is a list of the top recruiters who are looking for graduates like you with the right skills, experience, and projects through an online MBA in finance:

  • ICICI Bank
  • Accenture
  • First Student
  • EY
  • Tata Motors
  • Infosys
  • FactSet
  • YES
  • HDB Financial Services
  • Amazon
  • Tata Consultancy Services
  • Genpact
  • com
  • PwC