MBA in Banking & Finance Management: Eligibility, Fees, Syllabus, Scope

MBA Banking and Finance Management is a postgraduate degree programme in the field of management. The course duration is two-years with two semesters in each year. The course provides knowledge of advanced finance and banking concepts along with modern economics. Some of the subjects covered in MBA Banking and Finance are economics, banking, financial intermediation, asset and liability management, financial decision-making, financial markets and institutions, and accounting.

This Story also Contains

1. Highlights- MBA Banking and Finance Management
2. MBA in Banking and Finance Eligibility Criteria
3. Top MBA Specialisations
4. MBA Banking & Finance Management Syllabus/Subjects
5. MBA in Banking & Finance Management Fees
6. Scope of MBA in Banking and Finance
7. Career Options of MBA in Banking & Finance Management
8. Benefits of Studying MBA in Banking & Finance Management
9. Top Private MBA Banking and Finance Management Colleges in India
10. Top Government MBA Banking and Financial Colleges in India

For those interested in working at a bank, an MBA in Banking and Finance management will prove to be the best alternative. Popular institutes offering the course are Amity University, SAGE University, and Aligarh Muslim University. The admission procedure of these colleges is mostly based on the entrance examination, CAT, XAT, MAT, and CMAT are the popular examinations.

In India, around 72 colleges and universities offer MBAs in Banking and Financial Management. To be eligible for the course, students should have a bachelor’s degree in management or a related discipline. MBA Banking and Finance has a huge scope in India, upon graduation students can work as Investment bankers, Financial Analysts, CFO, and Finance Managers.

MBA Banking and Finance Management- Important Dates (CAT)

• 01 Aug 2024 - 13 Sep 2024 - CAT Application window closed
• 24 Nov 2024 - CAT Exam in online mode
• 05 Nov 2024 - 24 Nov 2024 - CAT Admit Card will be issued

Highlights- MBA Banking and Finance Management

MBA in Banking and Finance Eligibility Criteria

The students need to fulfil the eligibility criteria before applying for admission. Many colleges provide admissions to those who have earned their bachelor’s degree in management or related disciplines. Since eligibility criteria vary depending on the institute, students are advised to check the official website to know more details about the course.

MBA in Banking and Finance Admission

Admission guidelines for an MBA in Banking and Finance are decided by the management and admission department of the institute. Students are generally admitted on a first-come-first-served basis. Generally, it is based on the marks obtained by the candidates in the entrance examination. Some common admission guidelines are as follows.

• The admission process may vary depending on the institute. However, it is generally based on the entrance examination. Students will be allotted colleges based on their cutoff score.
• Students can apply either by filling out the online application form or by contacting the admission office of the desired institute.
• In addition to the entrance examinations, some colleges may conduct additional admission tests such as personal interviews and group discussions.
• Finally, candidates should submit the official documents along with the required tuition fees.

MBA Banking and Finance Entrance Examinations

Admissions to MBA Banking and Finance are generally based on the entrance examinations. The examinations can be conducted at national, state, or university levels. In the table below, we have mentioned the popular MBA Banking and Finance entrance examinations along with their relevant details.

Top MBA Specialisations

MBA has various specialisations that cater for the diverse interests of graduates. Some of the popular specialisations amongst MBA aspirants are Finance, Human Resource Management, and Marketing. In the below-mentioned table, we have provided a list of popular MBA specialisations.

MBA Banking & Finance Management Syllabus/Subjects

MBA Banking and Finance subjects may differ from one university to another. However, the core syllabus is quite similar for all the institutes. The curriculum includes both practical and theoretical subjects which provides necessary conceptual knowledge along with hands-on experience. The MBA in Banking and Finance syllabus of Andhra University is discussed below.

MBA in Banking & Finance Management Fees

The tuition fees for MBA Banking and Finance Management from one institution to another, private colleges may charge higher fees as compared to a government college. Therefore, students are advised to check the website of the college to know the fees of the same. Generally, the course fees range from Rs. 80,000 to Rs. 24 Lakhs.

Scope of MBA in Banking and Finance

MBA in Banking and Finance graduates can work as part-time employees in the banking and finance field. Graduates can also choose teaching jobs at universities and colleges. After completion of the MBA in Banking and Finance course, graduates may initially enrol as a trainee or accountant.

Candidates who want to pursue a PhD in Banking and Finance can also apply for further doctoral studies. After completing MBA in Banking and Finance course, graduates can pursue higher positions and pursue various careers.

Career Options of MBA in Banking & Finance Management

In this section, we will discuss the career options available after the MBA Banking and Finance Management course, students can choose a career based on their interests and preferences. Students can join various senior-level positions and earn handsome salaries after completing their MBA Banking and Finance Management course.

Salary Source: AmbitionBox

Top Recruiters

• ITC
• Google
• Amazon
• Oracle
• HDFC Bank
• State Bank of India
• Central Bank of India
• Kotak Mahindra Bank

Salary After MBA Banking and Finance Management

The salary after graduating with a banking and finance MBA degree depends on various factors. Some of the factors are work location, skills and experience of the candidate, and the job profile opted. Salaries offered in the government sector may also be different than that of the private sector. In the table below, we have mentioned the average salaries of private and government sectors.

Salary Source: Naukri.com

Benefits of Studying MBA in Banking & Finance Management

Banking and Finance is an industry offering many growth opportunities. It opened up various career opportunities in the banking and corporate sectors. In addition to job security, banks also offer lucrative salary packages to graduates. After completing the course, graduates can seek employment in both government and private sectors. Some of the areas include budget planning, market research, consultancies, public accounting firms and corporate finance.

Top Private MBA Banking and Finance Management Colleges in India

Several private colleges offer MBA in Banking and Finance Management courses in India. Admission is based on prior academic performance and marks obtained in the entrance examinations. In the table below, we have listed the popular private MBA Banking and Finance colleges in India along with their respective fee details.

Top Government MBA Banking and Financial Colleges in India

Government institutes are well-known for their nominal fees and good educational facilities. Candidates interested in pursuing an MBA in Banking and Finance should check the official website of these colleges to know the course details. In the following table, we have provided a list of popular government colleges with their respective fees.

MBA Banking and Finance Management is an excellent course for someone interested in getting into the finance field. They can apply for many job profiles such as an investment banker, or financial analyst. finance manager, and account manager. The average salary of a Finance Manager in India is Rs. 20.6 LPA, depending on the company and experience of the candidate.