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Top 10 Bschools for the finance specialisation in India
April 12 2024

What holds true for MBA definitely holds true for the top 10 Bschools for the finance specialisation in India but there are some changes vice-versa. For complete information keep on reading.

  • Controversial Topics Dilemma:

    • While I typically avoid controversial topics for various reasons, this particular one demands attention due to its recurring nature. Each year, individuals, regardless of qualification, inundate discussions with their opinions.
  • Impact on Students:

    • What's often forgotten is the profound influence these discussions wield. They form the bedrock of opinions that young students rely on to navigate critical junctures in their academic and professional lives.
    • Students invest significant effort, determination, and ingenuity into their academic pursuits, often unsure of which path to choose amidst the cacophony of conflicting viewpoints.
  • Flaws in Ranking Methodologies:

    • Compounding this issue is the inherent deficiency, deceitfulness, or outright misunderstanding prevalent in the ranking methodologies employed by magazines.
    • These methodologies fail to fulfill their intended purpose, leaving students without the reliable guidance necessary to make informed decisions.

 Click here: Know your specialisation With respect to this, whoever in doubt can check and get answers because we wouldn’t want to young kids with all the misinformation that is out there on the subject. The things that makes any B-school work, esp. in India, are the following:



1. Academic Excellence

  • Student Intake Quality: Selectivity in admissions attracts bright and motivated students, creating a stimulating learning environment. Look for institutes with high cut-offs on entrance exams like CAT/XAT/GMAT.
  • Faculty Intake Quality: A distinguished faculty with industry experience and research focus is crucial. Look for institutes with faculty publications in reputed journals and industry connections.
  • Faculty Mix: Consider the ratio of full-time to part-time and international visiting faculty. A strong core of full-time faculty ensures consistency, while part-time and visiting faculty bring industry expertise.
  • MBA Course Structure & Teaching Methodology: A well-rounded curriculum with a mix of theoretical knowledge and practical application is essential. Look for innovative teaching methods like case studies, simulations, and project-based learning.

2. Industry Connect and Placements

  • Alumni Network: A large and active alumni network provides career mentorship, networking opportunities, and access to potential employers. Look for institutes with strong alumni associations that actively support students.
  • Industry Interface: Collaboration with leading companies allows for guest lectures, internships, and final placement opportunities. Look for institutes that host industry events, workshops, and actively engage with companies.
  • Immediate Placements: Strong placement records with high average CTC (Cost To Company) and placements in reputed companies across diverse industries are vital. Look for institutes that release detailed placement reports.

3. Infrastructure and Learning Environment

  • Location: The location can impact industry access, student diversity, and overall experience. Consider your preferred location (urban, rural) and proximity to companies.
  • Campus, Hostel & Infrastructure: Modern facilities like classrooms, libraries, computer labs, and comfortable hostels contribute to a positive learning experience.
  • Exchange Programs: International exchange programs offer valuable global exposure and intercultural learning opportunities.

4. Reputation and Rankings

  • Competition Rankings: Rankings by NIRF, Business Today, and other publications can provide some insight into the overall reputation of a B-school. However, focus more on the factors mentioned above for a holistic evaluation.

Top Business Schools in India:

IIMs (Indian Institutes of Management):

  • IIM Ahmedabad (IIM-A)
  • IIM Bangalore (IIM-B)
  • IIM Calcutta (IIM-C)
  • IIM Lucknow (IIM-L)
  • IIM Indore (IIM-I)
  • IIM Kozhikode (IIM-K)

ISB (Indian School of Business):

  • Hyderabad Campus (ISB-H)

XLRI Xavier School of Management (XLRI):

  • Jamshedpur Campus (XLRI-J)

Faculty of Management Studies, Delhi University (FMS-D)

Jamnalal Bajaj Institute of Management Studies (JBIMS):

  • Mumbai Campus (JBIMS-M)

Management Development Institute (MDI):

  • Gurgaon Campus (MDI-G)

Institute of Management Technology (IMT):

  • Ghaziabad Campus (IMT-G)

Indian Institute of Foreign Trade (IIFT):

  • Delhi Campus (IIFT-D)

S.P. Jain Institute of Management & Research (SPJIMR):

  • Mumbai Campus (SPJAIN-M)

Narsee Monjee Institute of Management Studies (NMIMS):

  • Mumbai Campus (NMIMS-M)

Symbiosis Institute of Business Management (SIBM):

  • Pune Campus (SIBM-P)

Special Mention:

  • Tata Institute of Social Sciences (TISS)
  • National Institute of Industrial Engineering (NITIE)
  • Mudra Institute of Communications, Ahmedabad (MICA)
  • Symbiosis Centre for Management and Human Resource Development (SCMHRD)

Specialization Colleges:

  • TISS - Human Resource Management
  • NITIE - Operations Management
  • MICA - Advertising and Communication Management

Finance Specialization:

    • (Additional list for Finance Specialization)



To mention a list of B schools for finance specialization are:-

Group 1 for Finance   Group 2 for Finance   Group 3 for Finance
IIM C   IIM K   FMS Delhi
IIM B   IIM L   NITIE Mumbai
JBIMS   SPJIMR Mumbai   NMIMS Mumbai
Group 4 for Finance   Group 5 for Finance   Group 6 for Finance
IMT Ghaziabad   SCMHRD Pune   IIT Delhi
IMI New Delhi   IIM Raipur   GIM Goa
SJMSOM Mumbai   IIM Udaipur   MFC University of Delhi
IIM Rohtak   IIM Kashipur   NIBM Pune
IIM Rachi   IIM Trichy   KJSIMSR Mumbai
IIM Shillong   XIM B   IIT Kharagpur
    IFMR   TAPMI Manipal


Till now, we have helped you with the colleges but elaborating on the topic I have come across a quiz named " know your specialisation ". The user wants to pursue MBA and is confused regarding his specialisation. There will be 3 rounds of questions and answers which will take 10 minutes. All the questions will be predominantly rejection based questions. The number of questions asked in each round can vary depending on your answers  

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Rahul Singh

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