BIMTECH PGDM Admissions 2026
AACSB Accredited | Highest CTC: 22 LPA
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.
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.
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.
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.
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.
Last Date to Apply: 10th Feb | Globally Recognized by AACSB (US) & AMBA (UK) | 17.8 LPA Avg. CTC for PGPM 2025
Highest Package 27.25 LPA | Top 100 Average package 16.65 LPA | AACSB Accredited | Ranked 52 by QS International
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.
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.
Rankings: Review the IIMs rankings in various national and international B school rankings. Check the NIRF rankings under the management category also.
Review: Finally, after all the checkpoints make sure to read student reviews of the IIM for the experience of studying the particular specialization.
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)
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.
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).
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.
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.
On Question asked by student community
Hello,
Here are some top colleges accepting XAT and CAT exams :
Top colleges accepting CAT:
IIMs (All Indian Institutes of Management)
FMS Delhi
SPJIMR Mumbai
MDI Gurgaon
IIT Bombay (SJMSOM)
IIT Delhi (DMS)
IIFT
IMT Ghaziabad
JBIMS Mumbai
Top colleges accepting XAT:
XLRI Jamshedpur
XIMB Bhubaneswar
IMT Ghaziabad
Great
Hi there,
A female candidate with a CAT percentile of 67.97 and low sectional scores should target private and tier-2/3 B-schools that accept overall CAT scores in the 60–70 percentile range and have flexible sectional criteria.
Some suitable options include AIMS Institute Bangalore, Doon Business School Dehradun, Christ Institute of
Hi there,
Yes, you are eligible for XISS Ranchi with a CAT percentile of 67.60.
According to recent admission trends, the CAT cutoff for the PGDM in Human Resource Management for the general category has been around 60 percentile. For other programs such as Marketing, Finance, and Rural Management, the
Hi there,
Careers360 offers a wide range of eBooks and study materials to assist with CAT preparation. You can access past CAT question papers with solutions to understand the exam pattern and difficulty level. Additionally, there are quantitative aptitude handbooks, cheat sheets, and section-specific practice sets for arithmetic, algebra, and
Hi there,
The minimum eligibility criteria for a general candidate to receive a call from IIM Sambalpur are as follows:
VARC: 65%ile
QUANTS: 65%ile
LRDI: 65%ile
Overall: 90%tile
Keep practising and aim to improve your score. You can also focus on other management exams where you may secure a strong
Ranked among top 10 B-Schools in India by multiple publications | Top Recruiters-Google, MicKinsey, Amazon, BCG & many more.
Last Date to Apply: 10th Feb | Globally Recognized by AACSB (US) & AMBA (UK) | 17.8 LPA Avg. CTC for PGPM 2025
Highest Package 27.25 LPA | Top 100 Average package 16.65 LPA | AACSB Accredited | Ranked 52 by QS International
NAAC A++ Grade | MBA program graded A** (National) by CRISIL | AACSB, ACBSP and BGA Member
Assured Placements and Career Support
Phase 02 Applications Window Closing on 23rd January 2026 | 100% Placement Record | Average CTC 12.75 LPA | Highest CTC 40.31 LPA | Median CTC 12.49 LPA