If you are targeting PhD Finance, you need to get a Masters degree first: it can be MBA/MFE or even try your hand at ISB Analytical Finance. ISB-CAF has placed people in Top 10 PhD Finance. Extra-curricular are good as a hobby and for fitness. However its importance is overstated in Indian Engg colleges. Try to get as high a GPA as possible and as high a GMAT as possible.
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