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PG in Management Finance: Course Details, Eligibility, Admissions, Colleges, Jobs & Salary 2023

PG Program in Management Finance is a full-time postgraduate program which has a duration of 2 years.

PG Program in Management Finance is an industry oriented course program. It helps the candidates to get placed in the financial institutions and other organizations in the financial sector.

The basic eligibility criteria for the course is the possession of Bachelor's degree in any discipline from a recognized institution or university. The candidates must have scored a minimum of 50% of aggregate score in the qualifying exam.

Admissions for PG Program in Management Finance is done through entrance exams. Various entrance exams like CAT, GMAT, XAT, CMAT, ATMA, SNAP are conducted for the admission into various top management institutions across India. The average fee paid for this course varies from INR 1 to 3 Lakhs.

The exams are conducted on a semester basis where there are a total of 4 semesters for 2 years. Each semester has a duration of 6 months. In each semester, the students are educated in both theory subjects as well as practical labs.

Graduates of PG Program in Management Finance are placed at leading companies such as Deloitte, KPMG, PwC, EY, and other banks. They are working in roles such as risk manager and regulator, fund manager, investment consultant, etc. The average starting salary provided to the graduates ranges from INR 8 to 10 Lakhs per year, depending upon the field experience.

PG in Management Finance: Course Highlights 

Course level Post Graduate
Duration 2 year
Examination Type Semesters
Admission Process Based on Counselling after clearing Entrance Tests CAT, GMAT, XAT, CMAT, ATMA for different colleges
Eligibility Graduate in any discipline, from a recognized University
Course fee INR 1 to 20 lakhs
Average salary INR 6 to 8 lakhs per annum
Top Recruiting Companies Deloitte, KPMG, PwC, EY, banks like HDFC Bank, Axis Bank, ICICI Bank, Benchmark Mutual Funds, Birla Sun Life, L&T Mutual Fund, Canara Bank, SBI Mutual Fund, IDFC, TATA, AIG Investments, Aditya Birla Finance, Bank of India, LIC, Reliance Life Insurance
Top Recruiting Areas Capital Markets, Mutual Funds, Derivatives, Currency and Commodity Markets, Financial Services, Investment Banking, Treasury, Wealth Management, Stockbroking, Asset Management, Financial Journalism
Job Positions Project Manager, Manager – Capital Markets, Investment Bankers, Business Analyst, ETC Risk Manager, Credit Analyst, Liabilities Manager, Assets Manager, Operations Manager, Anti Money Laundering Specialist, FOREX Specialist, Inspection and Audit Specialist
Eligibility

PG in Management Finance: Eligibility 

The minimum eligibility required for pursuing the course is any of the following:

  • Bachelor's degree with a minimum aggregate graduation score of 50 percent in any discipline from a recognized university or an equivalent degree recognized by the Association of Indian Universities (AIU).
  • Bachelor's degree with a minimum aggregate graduation score of less than 50 percent, but a minimum of 2 years of work experience, in any discipline from a recognized university or an equivalent degree recognized by the Association of Indian Universities (AIU).
  • SC/ST applicants and people with disabilities are given consideration (PWD).
  • Engineering / Commerce / Mathematics / Economics candidates earn an advantage over the remaining applicants.
  • Applicants with BCA / MCA / BE/ engineering backgrounds who are looking for specialization also can apply.
  • Preference is provided to individuals with higher educational credentials and experience.
Admissions Process

PG in Management Finance: Admissions Process 

Normally, the admission process of PG in Management (Finance) is carried out both in merit based and entrance based procedures.

Merit Based Admission 

There are a few institutes in India that offer lateral entry directly on the basis of the candidates’ Bachelor’s degree.

Entrance Based Admission

Selection is based on results in the university's entrance examinations. The question paper for the exam measures the aptitude and logical reasoning of the applicants. In general, most of the entrance exams are conducted in the month of April. The common procedure of the entrance is:

  • Pre-screening of applicants on the basis of an academic profile (20 percent ),
  • CAT/GMAT/XAT/CMAT/MAT/ATMA or NSE Online Test (50%)
  • Personal Interview (30%).

PG in Management Finance: Entrance Exams

Here is a list of the entrance tests carried out for admission to the course:

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
Top Colleges

PG in Management Finance: Top Colleges 

What is it about?

Post Graduate Program in Management Finance: What is it about? 

PGP in Management (Finance) is a 2-year distance learning curriculum that provides a comprehensive understanding of finance, auditing, accounting, and capital management principles.

  • This course is structured to take account of the ever-changing needs of professionals pursuing a career in finance and offers an outstanding forum for those seeking to encourage their development with banking and financial institutions, financial consultancies, corporate finance organizations, etc.
  • It is suitable for students who want to change jobs and pursue new career paths by equipping them with the required management skills, helping to open doors for consulting banking, finance, etc. professions.
  • This program is offered via the distance learning module including weekend lectures and online lectures by industry- experts.

Moreover, the course also explores:

  • Basic financial accounting principles and their practical implementation.
  • Financial analysis, cost accounting, accounting for management and its effect on general decision-making.
  • The position of and regulations of financial institutions.
  • Financial plans, measurement of risk, and investment of money.
Why Study

Why Study PG in Management Finance?

  • Finance is the lifeblood of every company and includes vital areas such as working capital management, international finance, and mergers & acquisition, among others, with the PGP in Management (Finance) module.
  • The course discusses advanced concepts involved in the study of cost centers, an organization's expenditures, efficient balance sheets, aspects of cost minimization and benefit maximization.
  • PG in Management focuses on the interested applicants in pursuing a career in an organization's financial services, in the banking and financial sectors, such as insurance and mutual funds etc. It primarily targets the students seeking distance learning.

PG in Management Finance: Course Advantages

  • India's main financial sector is the banking sector, with commercial banks contributing to more than 60% of the total assets held by India's financial system.
  • In the course, all technological skills are taught using examples, practical exercises, and projects from the business world, with an emphasis on applying technology to business.
  • Recruiters are looking for different sets of skills with the growing application of technology in banking services that will help them scale up their business and keep costs down. Apart from unique functional competencies, banking practitioners are required to possess these abilities.
Syllabus

PG in Management Finance: Syllabus

The semester wise syllabus followed by most universities and colleges is listed below in the table.

Semester I Semester II
Principles of Management Strategic management
Financial Accounting Cost Accounting
Fundamentals of Communication & Interview Preparation The Integrative Manager
Human Resource Management Innovation Management
Marketing Management Mastering the Interview & Networking Skills
Managerial Economics Project work
Semester III Semester IV
Financial Management – I Project Finance
Financial Management – II Mergers and Acquisitions
Advanced Direct Tax & Service Tax Retail Banking
Investment Management - I International Finance
Investment Management – II Project
Project - ISR -
Job Prospects

PG in Management Finance: Job Prospects

Famous companies such as ICICI Bank, Kotak, Birla Sun Life, L&T Mutual Fund, Canara Bank, SBI Mutual Fund, Aditya Birla Finance, Bank of India, LIC, PNB, Reliance Life Insurance, and others are among the top recruiters for this discipline. Some career opportunities for candidates to choose from are listed below in Table:

Job Profile Average Salary per annum
Project Manager INR 1 to 2 lakhs
Investment Bankers INR 7 to 8 lakhs
Manager- Capital Markets INR 11 to 12 lakhs
Business Analyst INR 7 to 8 lakhs
Accounting Technicians INR 1 to 2 lakhs
Manager –Risk and Regulation INR 9 to 10 lakhs
Portfolio Managers INR 1 to 2 lakhs
Investment Advisors INR 3 to 4 lakhs
Future Scope

PG in Management Finance: Future Scope 

  • In the financial markets in the US, Singapore, and India, the programme provides various career opportunities.
  • As per a study conducted for Gujarat International Finance Tec-City, Govt., by McKinsey & Co. The financial sector of the Gujarat region is poised to generate 1,00,00,000 plus jobs by 2021.
  • Some of the common sectors which recruit good postgraduates are: Public sector banks, Private sector banks, Foreign banks, Financial Institutional Investors (FII), Cooperative Urban Banks, Outsource of Information Method (KPO's), Outsource of Business Process (BPO's), Institutions for term-lending, Corporations for Public Finance, Institutions for Refinance, Firms of Non-Bank Finance, Index product creation, Business Development
FAQs

PG in Management Finance: FAQs 

Ques: What is the eligibility for a Post Graduate Program in Management (Finance)?

Ans: The eligibility for a PG in Management is the possession of graduation degree in any discipline, from a recognized University or college

Ques: What is the duration of the Post Graduate Program in Management (Finance)?

Ans: The duration of the Post Graduate Program in Management (Finance) is two years.

Ques: What is the salary Offered from Post Graduate Program in Management (Finance)?

Ans: An annual salary of INR 8 to 10 lakhs per annum.

Ques: Can I get a loan to finance my programme fees?

Ans: Students can avail themselves of financial assistance from several of the prominent banks.

Ques: After Pursuing Post Graduate Program in Management (Finance), will an applicant work in both government and private industry?

Ans: Yes, in both, an applicant who has completed a Post Graduate Program in Management (Finance) can work both in the government and the private sector.

Ques: My academic background is not finance-related. Can I still apply?

Ans: Yes, candidates who satisfy the minimum eligibility criteria can apply. There is an academic suitability score as a component of stage 2 of the selection process but it is not an eligibility criterion for applying for the PG program in Finance course.

Ques: What are the types of jobs that will be available to the Post Graduate Program in Management - Finance students?

Ans: This programme is suitable for young professionals who want to improve their careers in the banking and financial services industries, as well as for recent graduates who want to boost their careers in finance. Students will be placed as financial analysts, financial engineers, traders, and other roles in risk management, Financial Engineering, Fraud detection, and Forensic Accounting.

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