Loader

We value your privacy

We use cookies to improve your browsing experience, personalise content, and understand how our website is used. By clicking “Accept all cookies”, you agree to our use of cookies. Learn more in our Privacy Policy.

MU Logo
MU Logo
Open menu
Skip to content

Masters’ Union  ·  24-month full-time MBA

MBA in Finance

with an Integrated CFA Pathway

You already know you want finance. Your MBA should be built around it.

A 24-month MBA for candidates building towards finance careers and serious CFA progression — so the MBA curriculum, CFA preparation and professional finance work reinforce one another instead of competing for your time.A 24-month MBA where your finance curriculum, CFA preparation and professional work are designed to reinforce one another.

Explore my CFA pathway View finance careers
24 months
Full-time MBA
50 students
Founding cohort
CFA I → II → IIICFA I → III
Integrated pathway
GurugramFull-time
Full-time

Built for people who already know where they want to go.

You want the MBA.You want CFA.You already know you want finance.

This programme is built for you if:

  • You want to build your career in finance.
  • You intend to pursue the CFA Program seriously.
  • You want a full MBA — not a CFA coaching programme.
  • You do not want to run the MBA, CFA preparation and finance-career preparation as three separate lives.
MBAUnderstand the business.
CFABuild investment knowledge.
CareerUse it in the job.

MBA. CFA. Finance career. Three separate lives — unless they are designed together.

Why this MBA

Finance from day one

Finance is the programme — not a late specialisation.

CFA I → III pathway

The route changes with your starting status and with what each level actually demands.

Professional finance work

Build models, research, credit views, deal analysis and capital-allocation decisions.

50-person founding cohort

Small enough for repeated feedback on the work you produce and the preparation you need.

54%

of employers in CFA Institute’s India finance-workforce research said they seek candidates with the combination of an MBA in Finance and the CFA charter.

CFA InstituteMapping India’s Finance Workforce · 2025

Category-level employer research. Not a Masters’ Union placement statistic.

How the programme works

Four parts. One finance education.

The MBA builds your understanding of the enterprise. Finance builds technical depth. The CFA pathway structures serious exam preparation. Professional practice puts the learning to work.

The MBA

Understand the enterprise.

Financial Statements · Economics · Strategy · Operations · Leadership · Technology & Data

Finance

Understand the capital.

Corporate Finance · Quantitative Analysis · Valuation · Markets · Credit · Transactions · Portfolio & Risk

CFA pathway

Prepare from where you are.

Level-specific Labs · Study Pods · Diagnostics · Mocks · Operations Support

Professional practice

Make the decision.

Models · Research · Credit · Deals · Investment Committees · Capital Allocation

Modern finance work runs through the programme

Modelling · Data · AI-assisted research · Automation · Human judgement

The same knowledge should keep working for you.

Your CFA pathway

Your CFA journey should not have to live outside your MBA.

Start from where you are. The pathway is designed to support serious CFA progression while keeping the MBA and professional finance work connected to the same learning.

Where are you today?

Level IUnderstand
Level IIAnalyse
Level IIIDecide

Understand

Build the foundation.

Professional application: Read the business.

Build breadth, recall and accuracy across the foundations of finance.

Problem LabsStudy PodDiagnosticsMock practice

Analyse

Learn to solve the case.

Professional application: Value the business.

The challenge changes from knowing the concept to finding what matters inside the vignette and using the right concept under time.

Vignette LabsCase PodsError DiagnosticsTimed Mocks

CFA pathway / Level III · Decide

Analysis gets you to an answer.

CFA pathway / Level III · Decide

Analysis gets you to an answer.

Judgement decides what to do.

What should you do with the capital?

Invest.Allocate.Size.Lend.Pass.Recommend.

Choose a pathway.

Level III Response Studio

Read the case.Interpret the command word.Show the relevant reasoning.Write the answer clearly.Make the decision.

Pathway Pods

Prepare alongside peers working towards the same Level III pathway.

We can’t promise you a CFA pass. We can design the MBA so you’re not preparing alone.

  • Curriculum coordination
  • Level-specific practice
  • Study groups
  • Diagnostics
  • Mocks
  • Targeted intervention
  • CFA operations support

The objective is simple: remove as much avoidable friction as possible between you and serious CFA preparation.

Get your MBA + CFA plan

Tell us where you are in your CFA journey and where you want to build your finance career. We’ll send you the programme route most relevant to you.

Your 24 months in finance

See the two years before you commit to them.

Your academic route and CFA focus will depend on your starting status, exam progression and current CFA Institute rules. The structure below explains the education — not a guaranteed exam calendar.

Year 1Build the base.

Understand the business.Build the model.Form the view.

MBA / In-Class
Financial Statements · Economics · Corporate Finance · Markets & Investments · Strategy · Operations · Data & Technology
Finance depth
Financial Statement Analysis · Quantitative Analysis · Valuation Foundations · Equity · Fixed Income & Credit · Portfolio & Risk Foundations
CFA
Prepare for the next eligible CFA level based on where you enter the programme.
OutClass / Professional work
Read businesses · Build a three-statement model · Build an initial valuation · Write a research / credit view
Modern finance
Modelling discipline · Data foundations · AI-assisted research · Source verification
Career
Explore the six finance pathways · Choose an initial direction · Begin technical preparation
Year 2Go deeper.Make the decision.

Value.Allocate.Transact.Lend.Invest.Defend.

MBA / In-Class
Advanced Corporate Finance · Transactions · Private Capital · Portfolio & Risk · Technology & Data · Leadership · Capital Allocation
Finance depth
M&A · Advanced Valuation · Private Equity / Private Credit · Advanced Credit · Portfolio Construction · Wealth / Client Allocation
CFA
Continue towards the next eligible CFA level / Level III pathway where applicable.
OutClass / Professional work
Transaction model · LBO / IC memo · Credit recommendation · Portfolio / capital-allocation decision
Modern finance
Automation · Role-specific analytics · Python where useful · AI-assisted workflows · Decision accountability
Career
Role-specific technical preparation · Work-sample development · Recruitment readiness

Finance careers

Where do you want to build?

Choose a career pathway to see the work, CFA relevance and historical Masters’ Union journeys most relevant to it.

The MBA in Finance is new. The finance ecosystem isn’t.

Historical PGP TBM alumni and ecosystem evidence — not outcomes or commitments of the new MBA in Finance.

The MBA

CFA is the technical spine. It isn’t the whole MBA.

A security has a business underneath it.

A model can tell you what the numbers imply. An MBA should help you understand why those numbers might change.

Why does this business win?

Competition
Business Models
Industry Structure
Pricing Power

Finance lens

Growth
Moat
ROIC
Valuation assumptions

CFA helps you analyse the asset.The MBA helps you understand the enterprise.The job requires both.

In-Class × OutClass

Build the model.Write the memo.Defend the decision.

Learn the framework In-Class. Put it under pressure OutClass — in the role of an operator, not an observer.

Learn→Build→Write→Defend / Decide

Public Markets

Valuation → Company Model → Research Note → Investment Committee

Private Capital

Transactions → LBO → Diligence → IC Memo

Deals

Corporate Finance → Transaction Model → Deal Analysis → Recommendation

CFO

Operations + Corporate Finance → Capital Allocation → Board Recommendation

Sample work

Your transcript shows what you studied. Your work shows the standard.

One company. Two years.

Most classroom cases end. Companies don’t.

Cover it long enough to change your mind.

The goal isn’t to be right once.
It’s to know when your original view no longer holds.

Original thesisInvest · ₹1,214
earningsguidancecompetitionrates / macronew evidence
Revised thesisHold · ₹1,120

From information to decision

Annual report→Model→Thesis→Red team→Invest / Pass

Information is getting cheaper. Judgement isn’t.

50

Founding cohort

 

Small enough that your work cannot disappear.

A small cohort only matters if it changes the way you learn.

Smaller CFA study groups.
Smaller review and committee rooms.
Repeated feedback on work and preparation.

Your faculty should know your model.Your CFA support team should know where you’re weak.Your practitioner should know the thesis you’re defending.

People

Who will challenge your work?

Academic faculty

Build the framework.

Practitioners

Challenge the decision.

The founding 50

Selected for how you think. Not how much finance you’ve memorised.

Finance experience isn’t mandatory. Analytical depth is.

01Quantitative reasoning
02Analytical ability
03Judgement
04Serious intent towards finance

Masters’ Union  ·  MBA in Finance

You already know you want finance.

The question is how you want to spend the next two years.

Build the MBA.Build towards CFA.Build the finance career.Together.

Founding cohort · 50

CFA progression depends on successful completion of the preceding level, candidate eligibility, exam windows, results and current CFA Institute rules. Passing the CFA Program exams is not the same as earning the CFA charter; the charter has additional professional work-experience and membership requirements. CFA Program exams are independently administered by CFA Institute. CFA® is a registered trademark of CFA Institute. Historical outcome data belongs to the existing PGP in Technology & Business Management and is labelled as such. Sample work shown is illustrative of the standard expected.