Affordable MBA in Finance Colleges in Lucknow You Should Know

Posted by mcsgoc
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Jul 22, 2025
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If you’re aiming for a successful career in banking, investment, or financial management, pursuing an MBA in Finance in Lucknow can be a strategic move. Known for its growing educational landscape and affordable tuition structures, Lucknow has become a hotspot for students seeking quality business education without breaking the bank.

This article explores the best affordable MBA in Banking and Finance colleges in Lucknow, with a special spotlight on institutions offering value, accreditation, industry exposure, and campus placement—most notably, Dr. M.C. Saxena Group of Colleges (MCSGOC).

Why Choose an MBA in Finance?

An MBA in Finance equips students with critical financial management skills, analytical thinking, and a deep understanding of economic environments. Core subjects typically include:

  • Financial Planning and Analysis

  • Investment Banking

  • Corporate Finance

  • Risk Management

  • Financial Markets and Institutions

Graduates can pursue careers in:

  • Banking & Insurance

  • Financial Consultancy

  • Investment and Wealth Management

  • Corporate Financial Strategy

Why Pursue MBA in Finance in Lucknow?

Lucknow, the capital of Uttar Pradesh, is fast evolving into a hub for professional education. Here’s why students are increasingly choosing Lucknow for their MBA in Finance:

  • Affordable tuition fees compared to metro cities

  • Reputed AICTE-approved colleges

  • Quality education with industry-aligned curriculum

  • Growing job opportunities in Lucknow NCR and UP East

  • Safe and culturally rich environment for students

Top Affordable MBA in Finance Colleges in Lucknow

1. Dr. M.C. Saxena Group of Colleges (MCSGOC) – Your Premier Choice

Location: Chandrawal, Lucknow
Affiliation: AKTU, Approved by AICTE
Courses Offered: MBA with specialization in Finance, Marketing, HR, IT

MCSGOC offers a two-year MBA in Finance in Lucknow that combines academic rigor with real-world business scenarios. Students benefit from:

  • Guest lectures by industry experts

  • Case study-based teaching

  • Soft skill and aptitude training

  • Mock interviews & personality development sessions

  • Advanced computer labs and modern campus infrastructure

Fee Structure: Highly affordable; scholarship opportunities available
Placement Partners: Infosys, HDFC Bank, Wipro, Accenture, Capgemini, among others

Why MCSGOC?
The institute is ranked among the top affordable MBA in Banking and Finance colleges in Lucknow, with a strong legacy of academic excellence, industry exposure, and placement success.

2. Amity University, Lucknow Campus

Course: MBA (Finance)
Fees: Higher-end (approx. ₹6–8 Lakhs for full course)
Amity is known for its global exposure and premium facilities, although it may not fall under the "affordable" category for many.

3. Integral University

Course: MBA – Finance
Fees: ₹2.5–3 Lakhs (approx.)
Integral University provides UGC-recognized degrees with a strong academic structure and decent placement support.

4. Babu Banarasi Das University (BBDU)

Course: MBA with Finance specialization
Fees: ₹3.2–3.5 Lakhs (approx.)
Offers an industry-focused curriculum, although placement packages may vary.

5. Sherwood College of Management

Course: MBA (Finance)
Fees: Around ₹2 Lakhs
One of the affordable choices with decent placement support and well-structured curriculum.

Comparing Affordability and Value (Table)

College NameAvg. Fees (INR)Specialization in FinancePlacement SupportValue for Money
Dr. M.C. Saxena Group of Colleges (MCSGOC)₹1.6 – ₹2 LakhsYesStrong⭐⭐⭐⭐⭐
Sherwood College of Management₹2 LakhsYesModerate⭐⭐⭐⭐
BBDU₹3.5 Lakhs YesModerate⭐⭐⭐
Integral University₹2.5 LakhsYesModerate⭐⭐⭐
Amity University₹6–8 LakhsYesExcellent⭐⭐
Career Opportunities After MBA in Finance in Lucknow

Completing your MBA in Finance from a reputed college like MCSGOC can open doors to several high-demand roles such as:

  • Financial Analyst – Analyze company financials for investment decisions

  • Investment Banker – Raise capital and advise on M&A deals

  • Corporate Finance Manager – Manage company’s capital structure

  • Risk Analyst – Predict and mitigate financial risk

  • Bank Manager/Executive – Oversee daily operations in retail/commercial banks

With India’s booming digital finance ecosystem, MBAs in Finance are in high demand across sectors, including fintech, banking, insurance, and startups.

Special Highlight: College of Engineering and Management at MCSGOC

MCSGOC’s College of Engineering and Management integrates technical insight with managerial acumen. This provides MBA Finance students a unique edge with exposure to data-driven decision making, financial analytics tools, and real-world simulations.

Students from this department enjoy:

  • Regular industry visits

  • Hands-on training with tools like Excel, SPSS, Tableau

  • Workshops on FinTech and Blockchain

  • Cross-disciplinary exposure with engineering and tech peers

This holistic approach bridges the gap between theory and practice—essential in today’s finance landscape.

Scholarships & Financial Aid at MCSGOC

MCSGOC understands the value of accessible education. Hence, it offers:

  • Merit-based scholarships

  • Need-based concessions

  • Special provisions for female and minority students

  • Education loan support through partner banks

These initiatives reinforce MCSGOC’s mission to be among the most affordable MBA in Banking and Finance colleges in Lucknow.

Why MCSGOC Should Be Your Top Choice

Here’s a quick snapshot:

  • AICTE-approved & affiliated to AKTU
  • Affordable fees with high ROI
  • Specialization in Finance, with interdisciplinary exposure
  • Modern campus & hostel facilities
  • 100% placement assistance
  • Strong industry connect through seminars & internships

Whether you’re a fresh graduate or a working professional looking to upskill, Dr. M.C. Saxena Group of Colleges offers the perfect platform to launch your finance career.

FAQs – MBA in Finance in Lucknow

1. What is the average fee for MBA in Finance in Lucknow?
Fees range from ₹1.5 Lakhs to ₹8 Lakhs. MCSGOC offers one of the most affordable options without compromising quality.

2. Is Dr. M.C. Saxena Group of Colleges good for MBA in Finance?
Yes. It offers strong academic mentorship, industry-aligned curriculum, and great placement support at an affordable cost.

3. What is the difference between MBA in Finance and MBA in Banking and Finance?
MBA in Finance is broader and includes corporate finance and investment. MBA in Banking and Finance has added focus on financial services, banking systems, and regulations.

4. What companies hire MBA Finance students from Lucknow?
Major recruiters include HDFC Bank, Axis Bank, ICICI, Infosys, TCS, Deloitte, and startups in fintech.

5. Does MCSGOC offer internship opportunities for MBA students?
Absolutely. Internships are an integral part of the MBA program and facilitated through college-industry collaborations.

Final Thoughts

If you’re seeking a high-quality, affordable MBA in Finance in Lucknow, it’s crucial to evaluate not just the fees, but the return on your educational investment. Dr. M.C. Saxena Group of Colleges stands out by offering strong academics, financial accessibility, and placement assurance—all within a vibrant learning ecosystem.

Your journey into the world of finance starts here. Apply now and shape your future with confidence.

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