An MBA in Banking and Finance Management is a specialised postgraduate degree programme. It provides knowledge of advanced finance and banking concepts along with modern economics. Some of the subjects covered in MBA Banking and Finance Management are economics, banking, financial intermediation, asset and liability management, financial decision-making, financial markets and institutions, and accounting.
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.
Particulars | Values |
---|---|
Degree Name | MBA in Banking & Finance Management |
Degree Type | Postgraduate |
Degree Duration | Two year |
Semesters | Four |
Entrance Exams | CAT, MAT, GMAT, CMAT, XAT, NMAT |
Eligibility Criteria | Bachelor’s degree |
Admission process | Direct admission and based on the entrance examination |
Fees for the entire duration | Rs. 80,000 to Rs. 24 Lakhs |
Average Salary | Rs. 16.9 LPA |
Job profiles | Investment Banker, Business Analyst, Marketing Analyst, Accounts Manager |
Top recruiters | ICICI Bank, IDBI Bank, HDFC Bank, Canara Bank, Union Bank of India, Central Bank of India, Bajaj Capital Limited, L&T Finance Limited, Kotak Mahindra Bank, SBI Capital Markets Limited, J.P. Morgan Chase & Co. (JPMCC) |
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.
The admission procedure for MBA Banking and Finance Management depends on the management authority of the institute. Students are admitted on a first-come, first-served basis. Generally, the admissions are based on the marks obtained in the entrance examinations. Some common admission guidelines are as follows:
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.
Exam Name | Level | Conducting Body | Exam Schedule |
---|---|---|---|
National Exam | Indian Institute of Management Lucknow | ||
National Exam | All India Management Association | ||
National Exam | National Testing Agency (NTA) | ||
University/National Level | XLRI Jamshedpur | ||
University/National Level | Symbiosis International University |
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 and Finance Management syllabus and subjects are quite different from one university to another although the curriculum is similar for every college. The MBA Banking and Finance Management syllabus includes both theoretical and practical subjects. This post-graduation degree course helps the students to enhance their banking and finance skills. In the table below, we have mentioned the MBA Banking and Financial Services syllabus of Andhra University.
Semester I | |
Perspectives of Management | Accounting for Management |
Business Environment | Managerial Communication |
Managerial Economics | Organisational Behaviour |
Quantitative Techniques for Management | - |
Semester II | |
Marketing Management | Financial Management |
Human Resource Management | Research Methodology for Management |
Electives | |
Operations Management | Corporate Legal Frame Work |
E-Business | Corporate Governance & Ethics |
Digital Governance | Project Management |
Semester III | |
Business Policy and Strategic Management | Operations Research |
Ethics and Moral Values | - |
Electives | |
Financial Markets and services | Rural Banking & Financial Inclusion |
Retail Banking | Central Banking |
Insurance Products & Management | Financing Foreign Trade |
Bank Marketing | Public Finance |
NBFCS | Micro Finance in India |
Semester IV | |
Entrepreneurship & Small Business ManagementOperations Manager, Supply Chain Manager, Project Manager | E-Banking |
Electives | |
Portfolio Management & Mutual Funds | International Banking & Forex Management |
Corporate Banking | Risk Management in Banks |
Monetary & Treasury Management | NPA Management |
Exchange Arithmetic | Human Capital in Bank Management |
Priority Sector Financing | International Financial Management |
Project Report | Comprehensive Viva Voce |
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.
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 go for further doctoral studies. After completing MBA in Banking and Finance course, graduates can pursue higher positions and pursue various careers.
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.
Job Profiles | Job Descriptions | Average Salary |
---|---|---|
Investment Banker | Investment Bankers are professionals who work as part of a financial institution and are connected to raising capital for corporations, governments, or other entities. | Rs. 16.8 LPA |
Business Analyst | Business analysts are professionals who assess how companies are working and help them enhance their processes and systems. They conduct various research and analysis and come up with solutions to the business problems. | Rs. 9.7 LPA |
Marketing Analyst | Marketing Analysts are individuals who provide support to organisations to improve the products concerning their specifications depending on current trends in the market and increase their reach through the form of advertisement and marketing of their products and services. | Rs. 9.3 LPA |
Accounts Manager | Account managers are individuals who act as the bridge between companies and their clients and customers. Their responsibility is to address customers' requirements and concerns quickly and effectively. | Rs. 8.8 LPA |
Source: AmbitionBox
Finance and banking is an industry with many opportunities and growth. Studying MBA in Banking and Finance in India opens up various career opportunities in the banking and corporate sectors. In addition to job security, banks also offer lucrative salary packages to graduates. In addition to job security, banks also offer lucrative salary packages to graduates.
Graduates after completing the MBA in Banking and Finance Management course can also seek employment in various areas in government and private sectors such as budget planning, market research, consultancies, public accounting firms, and corporate finance.
Several private MBA Banking and Financial colleges across the country offer MBA Banking and Financial programmes. Admission is granted based on prior academic achievements as well as the results of the admission exams. In the table below, we have discussed the private MBA Banking and Financial colleges and the MBA in Banking and Financial fees.
Colleges | Fees |
---|---|
Rs. 8.16 Lakhs | |
Rs. 5.82 Lakhs | |
Rs. 1.20 Lakhs | |
Rs. 3 Lakhs | |
Rs. 10.46 Lakhs | |
Rs. 7.55 Lakhs | |
Rs. 16.50 Lakhs | |
Rs. 7 Lakhs | |
Rs. 5.15 Lakhs | |
Rs. 5.15 Lakhs |
Government educational establishments in India, which are among the best in the world, provide an MBA Banking and Financial Management course. In the table below, have listed the government MBA Banking and Financial colleges and MBA in Banking and Financial fees.
MBA Banking and Finance Management is a great course for someone interested in getting into the finance field, they can pursue various career options such as investment banker, financial analytst. finance manager, and account manager. The average salary of a Finance Manager in India is Rs. 20.6 LPA depending on the company.
Any candidate who has completed Bachelor's Degree can register to pursue a MBA degree in Banking and Finance Management.
MBA graduates have ample of career opportunities after an MBA in Banking & Finance Management programme is complete. Some colleges even offer pre-placement opportunities to MBA students.
The average MBA in Banking & Finance fee structure in India which candidates need to pay lies between Rs 80,000 to Rs 24 lakh.
Top colleges like DU, SIU, NMIMS, XIMB etc., admit students only on the basis of entrance exam. However, some of the colleges admit students without MBA entrance exams as well.
Some of the top colleges offering BBA degree in India are IIM Bangalore, IIM Calcutta, IIM Kozhikode, Xavier School of Management Jamshedpur, etc.,
Finance and banking is a growing industry with numerous opportunities like as Investment Analyst, Corporate Analyst, Executive Assistant, and Finance Manager.
Core subjects that are involved in the MBA in Banking and Finance are principles of management, Operations Research, E-Banking, and marketing management.
The highest paying jobs after MBA in India typically pay between Rs 4,00,000 and Rs 32,00,000 per year, depending on the domain and specialisation chosen by the candidate.
Application Date:05 September,2024 - 25 November,2024