He did his Bachelors in Commerce from St. Thomas College, Kozhencherry (University of Kerala), and was awarded a gold medal for obtaining the first rank in the state for the degree.

With over INR 263.87 bn in Assets Under Management, Muthoot Finance is India's Largest Gold Loan company (as of May 2013).

The group has various interests in sectors such as financial services, plantations, media, hospitality, healthcare, education, power generation, infrastructure and money remittance.

[10] India Today, a weekly magazine, ranked Alexander Muthoot as one of the most influential people in the State of Kerala in the year 2005.

He received the CA business Achiever Award 2013 under Financial Service sector from Institute of Chartered Accountants of India, New Delhi.