MBA in Banking and Finance is a 2 year full-time Postgraduate Banking course. Eligibility to which is qualified bachelors degree in Banking or any equivalent degree with 55% of marks from a recognized university.
Many colleges and universities offer Master of Business Administration [MBA] (Banking and Finance) course in India. Every college and university has their own eligibility criteria, admission process, and fees structure.
Some of the top colleges and institutes are:
- Amity Business School, Gurgaon
- Indira Gandhi National Open University, Delhi
- Institute of Management and Technical Studies, Noida
- NIIT University, Rajasthan
- Symbiosis School of Banking and Finance, Pune
The average fee for this course ranges between INR 10,000 to INR 5 lakhs based on the marks obtained in Bachelor’s degree or an entrance exam.
This course provides a strong foundation in Banking and Finance sectors. This course helps to learn to check accounts, keeping the money for savings, money exchange, and issuing loans and credits. This course also deals with the money, time, and risk that are related to the banking and finance.
Admission to MBA in Banking and Finance course is based on merit-list or entrance-exam followed by the personal interview. Most of the colleges conduct counseling and select students based on the marks obtained in their Bachelor’s degree or merit-list prepared by the universities. Some reputed colleges conduct entrance exam and personal interview for course admissions. Candidates who are passed an entrance exam conducted by the college should attend the personal interview. Few colleges directly admit students for this course.
After completing this postgraduate course, candidates may work in areas like Private Banks, Government Banks, Educational Institutes, BPOs, Banking Sectors, Finance Departments in Industries, Stock Exchanges, Schools, and Colleges, etc. These graduates may work in positions like Accounts Manager, Marketing Manager, Executive Assistant, Marketing Analyst, Business Analyst, Finance Manager, Cashier, Equity Research Analyst, Investment Banker, Corporate Analyst, etc. The average salary for these professionals ranges between INR 1 to 10 Lacs per annum based on their experience and expertise in this field.
Top Colleges for Master of Business Administration [MBA] (Banking and Finance)
- Master of Business Administration [MBA] (Banking and Finance) in Maharashtra
- Master of Business Administration [MBA] (Banking and Finance) in Karnataka
- Master of Business Administration [MBA] (Banking and Finance) in Tamil Nadu
- MBA/PGDM in Delhi-NCR
- MBA/PGDM in Maharashtra
- MBA/PGDM in Chennai
MBA in Banking and Finance: Course Highlights Table
Written below are some of the major highlights of the course.
|Examination Type||Semester type|
|Admission Process||Merit-based or Entrance-based|
|Top recruiting organizations||ICICI, YES Bank, State Banks, Indian Bank, Harman, HCL, Newgen, LAVA, Bajaj Alliance|
|Top recruiting areas||Private Banks, Government Banks, Educational Institutes, BPOs, Banking Sectors, Finance Departments in Industries, Stock Exchanges|
|Top job profiles||Accounts Manager, Marketing Manager, Executive Assistant, Marketing Analyst, Business Analyst, Finance Manager, Cashier, Equity Research Analyst, Investment Banker, Corporate Analyst|
|Course Fee||INR 10,000 to 5 Lacs|
|Average Starting Salary||INR 1 to 10 Lacs|
MBA in Banking and Finance: What is it about?
MBA in Banking and Finance course provides a strong foundation in accounting and finance particularly. This course is mainly used for those who wish to pursue a professional accountancy qualification or an academic study in related areas after graduation. In this course, candidates will be equipped to use accounting statements and financial information to aid in decision-making.
The course covers major theory and practices related to:
- Financial accounting
- Working capital management
- Risk management
- Business valuation
- Mergers and acquisitions
This course provides candidates with reliable data and skills regarding the costs of operations and on banking standards with which those costs can be compared in order to assist with banking and finance budgeting.
MBA in Banking and Finance: Top Institutes
Given below are the college names, location and the average structure of the fees which will be taken by the college for this course.
|COLLEGE NAME||CITY||AVERAGE ANNUAL FEE IN INR|
|Abit-Jrd Tata Institute of Management||Cuttack||INR 76,600|
|Adamas University||Kolkata||INR 1,39,000|
|ADN Institute of Paramedical Science and Hospitals||Nagpur||INR 15,000|
|Alliance University||Bangalore||INR 1,00,000|
|Amity Business School||Gurgaon||INR 30,000|
|Bharath Post Graduate College||Chennai||INR 28,400|
|Chitkara University||Raipur||INR 2,23,000|
|Datta Meghe Institute of Management Studies||Nagpur||INR 1,25,000|
|ICE College of Management||Mumbai||INR 37,000|
|Imperial College of Professional Studies||Indore||INR 25,000|
|Indira Gandhi National Open University||Delhi||INR 31,500|
|Institute of Management and Technical Studies||Noida||INR 20,000|
|Jayoti Vidyapeeth Women’s University||Jaipur||INR 11,000|
|Maharishi University of Information Technology||Lucknow||INR 70,000|
|NIIT University||Rajasthan||INR 23,000|
|Oxford College||Hubli||INR 1,98,000|
|Sharda University||Noida||INR 1,45,000|
|St. Peter’s College||Kolkata||INR 1,700|
|Symbiosis School of Banking and Finance||Pune||INR 1,30,000|
|The Institute of Technical Education||Jamshedpur||INR 87,830|
|VIMT||New Delhi||INR 75,000|
MBA in Banking and Finance: Eligibility
For Master of Business Administration [MBA] (Banking and Finance) course eligibility, candidates have to pass BBA/ Bachelor’s degree in Banking or an equivalent degree from a recognized university. (Or)
Candidates who have 55% of marks in average or 6 GPA point scale in bachelor’s degree examination are eligible. The percentage may vary from one college to another.
Applying for this course:
Eligible candidates may apply for this course through online or offline. Candidates may get an application form and apply for this course through official website of the respective college. (Or)
Candidates can directly get application form directly from the admission office of the respective college for this course.
MBA in Banking and Finance: Admission Process
Admission to MBA in Banking and Finance course is based on merit-based or entrance-based followed by the personal interview. Most of the colleges conduct counseling and select students based on the marks obtained in their Bachelor’s degree or merit-list prepared by the universities. Some reputed colleges conduct entrance exam and personal interview for course admissions.
Major entrance exams conducted by the reputed colleges and universities are:
Candidates who are passed an entrance exam conducted by the college should attend the personal interview. Few colleges directly admit students for this course.
Latest Master of Business Administration [MBA] (Banking and Finance) Admission Alert
- JNU MA, M.Sc, MCA & MBA Admission 2019: Courses, Application Form, Eligibility, Entrance Exam
- Lucknow University MBA Admission 2019
- Jamia Millia Islamia M.Tech., M.B.A., and M.C.A. Admission 2019
- Telangana University (TU) PG Admission 2019: Courses, Time Table, Results
- Jamia Millia Islamia PG Admissions 2019: Course, Fees, Result, Login, Entrance Exams
- Sri Venkateswara University (SVU) PG Admission 2019: Courses, Eligibility, Results
MBA in Banking and Finance: Syllabus and Course Description
A year-wise syllabus for MBA Banking and Finance is given below. The syllabus may vary from one college to other.
|YEAR I||YEAR II|
|Principles of Management and Organizational Behavior||Financial Institutions and Services|
|Managerial Economics||Management Control Systems|
|Accounting and Finance for Managers||Banking and Insurance Marketing|
|Marketing Management||Management of Banking and Insurance Companies|
|Human Resource Management||Commercial Banking and Role of RBI|
|Quantitative Techniques for Management||Mutual Fund Management|
|Research Methods for Management||Merchant Banking|
|Corporate Communication||Business Environment and Ethics|
|Operations Management||Strategic Management|
MBA in Banking and Finance: Who should opt for this course?
- Candidates who have interest in banking and finance and its related areas are suitable for this course.
- Candidates who possess a mathematical aptitude, diplomacy, a clear analytical and logical mind and knowledge of banking system are also suitable for this course.
- Candidates who have the ability to solve accountancy issues are also suitable for this course.
- Candidates with communication skills, leadership qualities, interpersonal skills, ability to use computers and related technology, and capacity to motivate team members are also suitable for this course.
MBA in Banking and Finance: Career Prospects
There are lots of career opportunities in banking and finance field. Banking and Finance is one of the top career choices made by students in India. These are lots of job opportunities available in India as well as in foreign countries for chartered accountants. These professionals can also seek employment in various sectors such as in markets research, government and private sectors, budget planning, public accounting firms, consultancies, and corporations.
They can work as freelancers in this field. Professionals in this career can also opt for teaching jobs in universities and colleges. After completion of their course, graduates can initially join as a trainee or an accountant. Some of the typical positions graduates may work as:
- Accounts Manager
- Marketing Manager
- Executive Assistant
- Marketing Analyst
- Business Analyst
- Finance Manager
- Equity Research Analyst
- Investment Banker
- Corporate Analyst
Further Study: Candidates who would like to study Doctorate course in Banking and Finance field can further go for further studies. After completing this course, graduates may get high positions and lead a high career.
Given below are the major job positions, their descriptions, and the Average annual salary for each position:
|JOB POSITION||JOB DESCRIPTION||AVERAGE ANNUAL SALARY IN INR|
|Financial Manager||Financial Managers are responsible for reviewing financial reports, monitoring accounts, maintaining reports and preparing activity reports and financial forecasts. They also investigate ways to improve profitability and analyze markets for business opportunities, they are expansion, mergers or acquisitions.||INR 9 to 10 Lacs|
|Accounts Assistant||Accounts Assistants are responsible for providing administrative support to accountants, they undertake clerical tasks such as typing, filing, making phone calls, they handle mail and basic bookkeeping. They help the manager and theymay also deal with customers external agencies.||INR 1 to 3 Lacs|
|Investment Assistant||Investment Assistants are responsible for providing stockbrokers, managers and stock market traders with financial information, banking information and recommendations derived from global investment data. ||INR 5 to 6 Lacs|
|Market Analyst||Market Analysts assesses a company's financial records in order to determine whether a business is adhering to federal laws, achieving profitability, and maintaining workplace efficiency. They also monitor a company's asset ledgers, budget, and performance objectives.||INR 5 to 6 Lacs|
|Business Analyst||Business Analysts are responsible for teaching requirements management one of the core skills of business analysts. They may also develop technical solutions to problems, to advance a company's sales efforts, they begin with defining, they analyzing and documenting requirements, eliciting requirements, and requirements organization.||INR 5 to 6 Lacs|