Best IIM for Finance and Banking: Factors, Top 5 MBA Colleges for Finance and Banking

Best IIM for Finance and Banking: Factors, Top 5 MBA Colleges for Finance and Banking

Upcoming Event

CAT Admit Card Date:05 Nov' 25 - 30 Nov' 25

Updated on 29 Aug 2024, 11:33 AM IST

Best IIM for Finance and Banking - The best IIM for Finance and Banking is a difficult question to answer as almost every IIM offers the specialization of FInance. However, some IIMs are specifically recommended by experts and preferred by the candidates for building a strong foundation in the field of finance and banking. Five IIMs are considered to be the best IIMs for finance and banking. These IIMs include IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, and IIM Indore. Among all the 21 IIMs across the country, these are considered the best IIMs for leaving a strong mark in the finance and banking field.

Best IIM for Finance and Banking: Factors, Top 5 MBA Colleges for Finance and Banking
Best IIM for Finance and Banking

Best IIM for Finance and Banking

Finance and Banking is a promising career domain and is looked forward to by many management candidates studying across various IIMs. It is one of the most preferred specializations for pursuing an MBA. For choosing the best IIM for finance and banking out of the five IIMs mentioned candidates must consider certain factors involved. Based on these factors candidates can figure out the best IIM for finance and banking for themselves. These factors are explained in detail below.

Factors to consider Best IIM for Finance and Banking

  1. Curriculum: Look for IIMs that offer rigorous and comprehensive finance and banking curriculum including advanced courses in financial management, investment banking, corporate finance, and financial markets.

Great Lakes - PGDM & PGPM Admissions 2026

Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.8 LPA Avg. CTC for PGPM 2025

SPJIMR Mumbai PGDM Admissions 2026

Ranked No. 3 Business School in India and no.35 in world by Financial Times MiM 2025 Ranking | Highest CTC: INR 89 LPA

  1. Faculty Expertise: Research regarding faculty expertise and experience. Get to know the frequency of guest speakers and interactions with professionals from the finance and banking field.

CAT 2025: VARC, DILR, and Quant MCQs & Weightages
Comprehensive CAT prep guide with focused practice on Verbal Ability, Data Interpretation & Logical Reasoning, and Quantitative Aptitude.
Download Now
  1. Placement Records: Examine the average and highest salary packages offered to the candidates at particular IIMs. Check for recruiters that actively recruit for important roles related to the finance and banking domain.

IBSAT 2025-ICFAI Business School MBA/PGPM 2026

IBSAT 2025-Your gateway to MBA/PGPM @ IBS Hyderabad and 8 other IBS campuses | Scholarships worth 10 CR

XAT- Xavier Aptitude Test 2026

75+ years of legacy | #1 Entrance Exam | Score accepted by 250+ BSchools | Apply now

  1. Alumni Network: Evaluate the presence and success of alumni in the financial and banking sector for specific IIM. Consider the strength of the alumni network and its strength and ability to provide mentorship and career opportunities in the respective field.

  1. Location: It is much more ideal if the IIM is located in a city that has either possibility or is a growing hub for the finance and banking sector. This will provide more opportunities for relevant industry exposure.

  1. Rankings: Review the IIMs rankings in various national and international B school rankings. Check the NIRF rankings under the management category also.

  1. Review: Finally, after all the checkpoints make sure to read student reviews of the IIM for the experience of studying the particular specialization.

Top 5 Best IIMs for Finance and Banking

Based on the factors discussed above the top 5 best IIMs for finance and banking domain are mentioned below.

IIM Ahmedabad: Known for its rigorous curriculum and strong emphasis on finance, IIM Ahmedabad consistently ranks at the top for MBA/PGDM. Its finance specialization is highly regarded, and its graduates often secure important roles in finance and banking.

IIM Bangalore: Recognised for its finance faculty and finance-related courses, the institute’s focus on finance and analytics makes it a strong choice for those aiming for a career in finance and banking.

IIM Calcutta: IIM Calcutta has a long-standing reputation for its finance programs. It is especially recognized for its emphasis on economics and finance. It has a robust placement record in the finance sector.

IIM Lucknow: IIM Lucknow also offers a solid finance curriculum and is known for its finance-related electives and placements. It is also a great option for building finance careers.

IIM Indore: IIM Indore’s finance program has a growing reputation, with a good mix of theoretical and practical finance training. It is a popular choice for finance enthusiasts.

Frequently Asked Questions (FAQs)

Q: Is MBA finance good for banking?
A:

MBA finance is a great option for candidates who are looking to build a great career in the banking sector. It is the most sought-after MBA specialization offered by almost all the B-Schools.

Q: Who is eligible for IIM MBA finance?
A:

The eligibility criteria for IIM MBA finance involves a valid CAT exam score clearing the cutoff required by the particular IIM and graduation with at least 50% aggregate marks (45% for reserved category candidates).

Q: Which IIM is best for banking?
A:

The best IIMs for making an excellent career in the banking domain are IIM Bangalore, IIM Calcutta, IIM Ahmedabad, and IIM Lucknow. Finance and Banking is a promising career domain and is looked forward to by many management candidates studying across various IIMs.

Q: Which MBA is best for banking?
A:

For banking an MBA or PGDM in the finance domain is preferred. Some colleges offer an MBA in a specific Banking specialization too. For choosing the best IIM for finance and banking out of the five IIMs mentioned candidates must consider certain factors involved like curriculum, faculty, placement, rankings, etc.

Articles
|
Certifications By Top Providers
Online MBA Business Analytics
Via Centre for Distance and Online Education, Anna University, Chennai
Corporate Law
Via National Law University, New Delhi
The Science and Business of Biotechnology
Via Massachusetts Institute of Technology, Cambridge
Online MBA
Via Centre for Distance and Online Education, Anna University, Chennai
Management of Commercial Banking
Via Indian Institute of Technology Kharagpur
Strategic Management
Via Indian Institute of Management Bangalore
Udemy
 703 courses
Edx
 467 courses
Swayam
 236 courses
Emeritus
 231 courses
Explore Top Universities Across Globe
University of Essex, Colchester
Wivenhoe Park Colchester CO4 3SQ
Oxford Brookes University, Oxford
Headington Campus Oxford OX3 0BP UK
Northumbria University, Newcastle City Campus
Sutherland Building, Northumberland Road, Newcastle-upon-Tyne, NE1 8ST
Cardiff Metropolitan University, Cardiff
Llandaff Campus, Western Avenue, Cardiff, CF5 2YB
University of Reading, Reading
Whiteknights PO Box 217 Reading Berkshire RG6 6AH
Bristol Baptist College, Bristol
The Promenade, Clifton Down, Bristol BS8 3NJ

Questions related to CAT

On Question asked by student community

Have a question related to CAT ?

The three key formulas that can solve almost all Profit & Loss problems are:

  1. Profit/Loss % = (Profit or Loss / Cost Price) × 100%, where CP is the cost price.

  2. Discount % = (Discount / Marked Price) × 100%, where MP is the marked price.

  3. Mark up % = (Mark up Value / Cost Price) × 100%, where CP is the cost price.


These formulas can be adapted for problems involving discounts, marked price, or successive gains/losses.

For detailed examples and variations, you can from the article

https://bschool.careers360.com/articles/profit-and-loss-for-cat-2025-only-3-formulas-needed-for-all-variations

With a 70 percent in CAT Examination, you can go for various B-Schools or private collages. The S. K. Patel Institute of Management in Gandhinagar is an option for those who score 70-80 percent in their CAT examination or The Gujarat Institute of Management (GIM) in Goa with a cutoff of 60-80 percentage. These are the collages you can look for in Gujarat or nearby.

Collage in other regions: BA Colleges Accepting 70-80 Percentile in CAT 2025

Thank You.

Hello dear candidate,

NO. your application for CAT will not rejected for wrong gender small mistake in the OBC NCL certificate. You will be considered as an OBC candidate.

you just need to get your OBC certificate corrected and need to inform the CAT helpdesk about this error.


Hello,

Here are some top MBA colleges in India with fees under Rs. 2 lakh and their exam/cutoff details:

  • SIMSREE, Mumbai – Fee around Rs. 1.3–1.4 lakh for 2 years. Accepts CAT, CMAT, MAH-CET, MAT, ATMA. Cutoff is very high, usually 99+ percentile in CAT/CMAT.

  • PUMBA (Dept. of Management Sciences, Savitribai Phule Pune University) – Fee around Rs. 1.2–1.3 lakh. Accepts CAT, CMAT, MAH-CET, ATMA. Cutoff approx. 75+ percentile in CAT, 90–95+ percentile in CMAT, high scores in MAH-CET.

  • TISS, Mumbai (MA HRM & other management-related programmes) – Fee around Rs. 1.7–1.9 lakh. Accepts CAT for some courses. Qualifying cutoff is around 60–70 percentile, but final selection cutoffs are higher.

These are the main government institutes where the full MBA/PG programme fee is within Rs. 2 lakh. Cutoffs vary slightly each year and by category, but SIMSREE and PUMBA generally need high scores, while TISS has its own process along with CAT shortlisting.

Hope it helps !

Hey! With a NEET score of 344 in the ST category, it is highly unlikely to get admission in any government BDS college in Delhi through the All India Quota. The cutoff for government BDS seats in Delhi usually falls around 400–450 for ST category, so your score is below that range.

You can consider private dental colleges, state quota seats in other states, or reattempt NEET next year to improve your chances.