Updated On - October 14th 2019, Updated By - Sumithra

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MBA Finance and Human Resource Management Masters in Business Administration is a 2-year program that requires a pre-requisite of a bachelor’s degree or any degree that is considered equivalent from any recognized university. This is an article where all the details related to the MBA Finance and Human Resource Management are available for you.

Course NameMBA Finance and Human Resource Management
Course  EligibilityGraduation with minimum 50%  marks
Course Duration2  or 3 years 
Admission ProcessEntrance Test and Personal Interview
Top Entrance CAT, XAT, NMAT, CMAT, SNAP,  etc. Management Entrance Exams in India
Program Fees4 to 20 Lakh
Average Salary5 Lakh
Top  Companies Ernst & Young,  ICICI, HDFC, HSBC

Some of the very top institutes that offer this course are:

  • LPU, Jalandhar
  • NM Institute of Technology
  • IBS, Pune
  • CMS Business School, Bangalore

The fees of these colleges vary a lot. It starts from all the way down to ₹ 56,000 and goes up to ₹8,74,000. The admission process in these universities is also very transparent and admissions are done through the test conducted by the respective university or the applicant cleared any exam on the national level.

Universities also conduct a Group Discussion session and then finally the applicant is able to secure a seat.

The opportunities that this course has to provide in the finance sector are numerous. Students who want to build their career in the banking sector along within the HR department can opt for this course.

The salary package for the candidates after the successful completion of their degree in Master of Business Administration in Finance and Human Resource Management also varies from ₹3 lakhs to ₹8 lakhs annually. It depends a lot on the ability and knowledge along with the sector they are choosing.

Some Salient Features of the Program

Level

PG

Examination Pattern

Semesters

Eligibility Criteria

Bachelor’s or equivalent

Duration

2 years

Top Profiles

Marketing Manager, Human Resource Manager, Lecturer, Banker.

Recruitment Field

Banks, Marketing companies, colleges, MNCs, govt. bodies.

Final Selection

GD/PI

About The Program

The program, MBA Finance and Human Resource Management commonly focuses on the financial & HR sector. The course is best suited for those who are willing to go into the banking sector or work in top organizations as HR managers. The field of expertise that this program provides is finances and accounts, along with leadership, time management, and managerial skills.

Fees Bifurcation

Name of the Institute

Location

Average Course Fee

NMIT

Bangalore

₹1,70,000

CMS

Bangalore

₹2,56,000

Kuvempu Univ.

Shimoga

₹56,000

IBS

Pune

₹8,50,000

Admission Process in Detail

The admission process is very much transparent and totally based on the performance of the entrance test. After clearing the test, you also have to go through GD/PI session which will be the final factor in securing yourself a seat in the respective college. The admission for this program usually starts in August, and the candidates have the option to apply for the course online, as well as offline mode.

To start the application process, candidates have to visit the website of the university or college of their choice and by going to the Admissions section, students have to fill all the details accurately in the MBA Finance and Human Resource Management form.

Once the form is submitted, that college/university will attempt to call you if your name got short-listed among all the applications. You will then have to visit the campus along with all the documents such as the mark sheet and degree of bachelor's degree, Identity proof, photographs, and any other specific requirement made by the college management. If all of the documents found valid and fulfilling the eligibility then your admission process will be completed.

The same is the process of the offline route as well, the only change is you have to visit the campus to get the application form and then fill and submit it.

Once the submission date is over, college/university will start short-listing and also prepare the formalities for the entrance test.

A Glimpse at the Syllabus

It could be better understood in the table below.

 

Semester I

Practices and process of management, accounting, business communication, quantitative, organizational behavior, economics, production management

Semester II

HR management, marketing, and financial management, research methods, legal aspects, managerial science, computer application

Semester III

Entrepreneurship development, business ethics, training, corporate governance

Semester IV

Strategic management, international business, projects, and viva

Some Future Aspects

MBA Finance and Human Resource Management is a combination of very rare fields. The potential of this course couldn’t be estimated as it hugely improves the financial and leadership skills of the students. As per your capability and knowledge, salary depends on ₹25,000 to ₹65,000.

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