Important Facts
Ishika Kumari Sep 17, 2024 1K Reads
MBA in Banking and Finance is a two-year postgraduate program offered by many universities in online, regular, and distance modes. It offers a holistic and comprehensive understanding of the financial sector.
As we all know the financial sector is undergoing a rapid change and is growing, and hence this sector requires skilled experts and professionals.
The basic eligibility criteria to enrol in the MBA Banking and Finance course is that the candidate must have a bachelor’s degree from a recognised university. The candidate must have scored at least 50% marks in the qualifying degree.
Admission to the MBA in banking and finance is done based on the scores of the entrance examination. The candidates scoring well in the entrance examination get shortlisted for the next round of the selection process which is the GD and PI rounds.
But if you are interested in the MBA in banking and finance and do not wish to appear in the entrance examination, you can enrol directly in the program by taking admission to the Online MBA in banking and finance program.
Many universities and institutes offer MBAs in Banking and Finance. You can enrol in the online MBA in Banking and Finance program directly without taking any entrance examination.
The eligibility criteria for each university varies depending on many factors. The students get many facilities in Online mode. The candidates get full flexibility to study from anywhere.
They can submit assignments online and can also take examinations online without any hassle. Here are the universities offering Online MBA in Banking and Finance.
The average fees of an online MBA in banking and finance range between INR 3,50,000 to INR 8,00,000. After the completion of the program, the candidate can get the chance to work in many industries. After the course completion, you can get a competitive salary as well ranging between INR 10 LPA to INR 18 LPA.
Other Online MBA Specializations In Trending |
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If you are interested in an MBA in banking and finance and looking to enrol in the program, then there are various modes of study that you can choose from. The candidates can choose from the various modes of study.
Here we have mentioned some of the modes of study of MBA in Banking and Finance:
Mode of study |
Description |
If you are a working professional and have 3 to 5 years of experience, you can enrol in the Executive MBA program. This program offers flexibility to the candidate. |
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On-Campus MBA |
This is a regular mode of MBA program in which the candidate has to dedicatedly devote 2 years to the course. There is no such flexibility in the program. |
In Online MBA the candidate is not required to visit the university. All the formalities can be done in online mode. The assignment submission and examination conduction is done in online mode. |
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You can also enrol in a part-time MBA to gain expertise and skills in a particular niche. This program is highly pursued by working professionals. |
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You can uplift your career through a one-year MBA. Enrollment in the one-year MBA online program can be done in through the entrance examination or direct admission. The candidate must have a bachelor’s degree and some work experience to enrol in this particular program. |
Top Specializations of Online MBA Dual Specialization |
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MBA in Banking and Finance offers an in-depth understanding of finance and accounting. This course is beneficial for people who are interested to study professional accounting course. In this program, the candidates get the idea about the use of accounting statements and financial information that is useful in decision-making.
The program covers many topics like:
Duration of the program |
2 years |
Eligibility Criteria |
Graduation in any discipline |
Admission Procedure |
Entrance-based/Merit-based |
Course Fees |
INR 3,50,000- INR 8,00,000 |
Starting Salary Average |
INR 10 LPA to INR 18 LPA |
Job Roles Offered |
Marketing Manager, Marketing Analyst, Accounts Manager, Business Analyst, Corporate Analyst, Equity Research Analyst, Cashier, Investment Banker, and many more. |
Top Recruiters |
Yes Bank, ICICI, HCL, LAVA, Newgen, Bajaj Alliance, Harman and many more |
If you are interested in pursuing an MBA in Banking and Finance you can enrol in the program by following certain steps:
Note: The candidates looking for admission to the Online MBA program in banking and finance are not required to take any entrance examination.
There are certain eligibility criteria that candidates must follow. Here we have listed some of the most important eligibility criteria below.
However, the eligibility criteria vary depending on different universities and institutes:
Many entrance examinations are conducted and based on these entrance examination scores the candidates get admission to the top MBA programs.
Here are the major examinations that are conducted for offering admission in MBA colleges:
Exam Name |
Registration Date |
Exam Date |
CAT |
August 5 – September 21, 2024 |
November 26, 2024 |
ATMA |
4th week of December, 2023 – 3rd week of February, 2024 |
4th week of February 2024 |
CMAT |
2nd week of March 2024 Onwards |
1st week of May 2024 |
XAT |
July 15 – November 30, 2024 |
January 7, 2024 |
SNAP |
August 23 – November 23, 2024 |
Test 1: December 10, 2024 Test 2: December 17, 2024 Test 3: December 22, 2024 |
NMAT |
August 1 – October 12, 2024 |
October 10 – December 19, 2024 |
The candidates looking to enrol in the top university or institute for a regular mode of MBA in banking and finance are required to take the entrance examination.
The competition is extremely tough in the entrance examination and hence it becomes very important to prepare for the examination with the right strategy. The candidate can enrol in the program only by clearing these entrance examinations.
Here we have given certain tips and tricks that can help you clear the entrance examination:
Here is the syllabus for the MBA in Banking and Finance :
Year I |
Year II |
Principles of Management and Organizational Behavior |
Financial Institutions and Services |
Accounting and Finance for Managers |
Banking and Insurance Marketing |
Managerial Economics |
Management Control Systems |
Human Resource Management |
Commercial Banking and the Role of RBI |
Marketing Management |
Management of Banking and Insurance Companies |
Research Methods for Management |
Merchant Banking |
Quantitative Techniques for Management |
Mutual Fund Management |
Operations Management |
Strategic Management |
Corporate Communication |
Business Environment and Ethics |
Here are the best book sources for the students of the MBA in Banking and Finance:
The Personal MBA: Master the Art of Business |
Josh Kaufman, 2010 |
The Portable MBA in Finance and Accounting |
John Leslie Livingstone, 1992 |
The Intelligent Investor |
Benjamin Graham, 1949 |
Freakonomics |
Steven Levitt, 2005 |
The Portable MBA |
Lynn A. Isabella, 2010 |
How Finance Works: The HBR Guide to Thinking Smart About the Numbers |
Mihir A. Desai, 2019 |
Human Resource Management for MBA and Business Masters |
Iain Henderson, 2017 |
Short Introduction to Corporate Finance |
Raghavendra Rau, 2016 |
Foundations of Strategy |
Robert M. Grant, 2012 |
Never Split the Difference: Negotiating As If Your Life Depended On It |
Christopher Voss, 2016 |
IIM Ahmedabad Business Books: Day to Day Economics |
Satish Y. Deodhar, 2012 |
Financial Management: Theory and Practice (Book Only) |
Eugene F. Brigham, 1979 |
Principles |
Ray Dalio, 2017 |
Why Nations Fail |
Daron Acemoglu, 2012 |
Competitive Strategy: Techniques for Analyzing Industries and Competitors |
Michael Porter, 1980 |
The Essays of Warren Buffett: Lessons for Investors and Managers |
Warren Buffett, 1997 |
Rich Dad Poor Dad |
Robert Kiyosaki, 1997 |
Moneyball: The Art of Winning an Unfair Game |
Michael Lewis, 2003 |
Advanced Accounts - Volume I [Hindi] |
2001 |
The Lean Startup |
Eric Ries, 2011 |
Shoe Dog: A Memoir by the Creator of Nike |
Phil Knight, 2016 |
Thinking, Fast and Slow |
Daniel Kahneman, 2011 |
How to Win Friends and Influence People |
Dale Carnegie, 1936 |
Scaling Up Excellence: Getting to More Without Settling for Less |
Robert I. Sutton, 2014 |
The Hard Thing About Hard Things |
Ben Horowitz, 2014 |
The innovator's dilemma |
Clayton Christensen, 1997 |
MBA Basics in 24 Hours! Book 3 of 8 - Financial Management - Fm: A Simple Handbook of Masters in Business Administration! Book 3 of 8 - Financial Management - Fm |
G R Narasimhan, 2017 |
Macroeconomics for MBAs and Masters of Finance |
Morris A. Davis, 2009 |
The Vest-pocket MBA |
Jae Shim, 1986 |
An Entire MBA in 1 Book: From the Author of the Online Course "An Entire MBA in 1 Course" |
Chris Haroun, 2016 |
MBA in a Book: Mastering Business with Attitude |
Joel Kurtzman, 2008 |
The Franchise MBA: Mastering the 4 Essential Steps to Owning a Franchise |
Nick Neonakis, 2013 |
Too Big to Fail |
Andrew Ross Sorkin, 2009 |
The AI Marketing Canvas: A Five-Stage Road Map to Implementing Artificial Intelligence in Marketing |
Jim Lecinski |
Zero to One: Notes on Startups, Or How to Build the Future |
Peter Thiel, 2014 |
Predictably Irrational |
Dan Ariely, 2008 |
Outliers |
Malcolm Gladwell, 2008 |
MBA in Banking and Finance is a two-year postgraduate program offered by many top universities and institutes. Candidates who are working professionals and have work experience of 3 to 5 years can apply for the Executive MBA in Banking and Finance.
The candidate can enrol in this program to get advanced knowledge about the banking and finance sector. The candidate can enrol in this program along with the job as this course offers complete flexibility to the students.
IIMs specifically do not offer MBA in Banking and Finance but some IIMs offer some finance-related courses. You can pursue those programs from IIM after taking the entrance examination.
IIM Calcutta offers an Executive program in Applied Finance (EPAF), IIM Kozhikode offers a Postgraduate program in Finance(PGP-Finance), IIM Calcutta offers an Executive program in Banking and Financial services, and IIM Trichy offers Post graduate certificate programme in Banking and Finance.
If you have the right skillset you can apply for the various jobs available after the MBA in Banking and Finance. You can enrol in the jobs only with the skills and expertise.
Here we have mentioned the top job and career opportunities after an MBA in Banking and Finance:
Source: Ambition Box
Source: Ambition Box
Source: Ambition Box
Source: Ambition Box
Source: Ambition Box
Source: Ambition Box
Source: Ambition Box
Source: Ambition Box
After the completion of the MBA in Banking and Finance, the candidate can work in many industries and sectors.
Here are the top job sectors that one can get into after the completion of the MBA in Banking and Finance:
Many companies and organisations offer job and career opportunities to students after the completion of the MBA in the Banking and Finance sector.
Here we have given some of the top recruiters that offer job and career opportunities to the students:
MBA in Banking and Finance Top Recruiters |
|
Goldman Sachs |
Morgan Stanley |
Boston Consulting Group |
Bain and Company |
JP Morgan Chase and Co. |
McKinsey and Co |
Barclays |
KPMG |
SBI |
HDFC |
Both the courses are best at their places. Both the courses have certain similarities.
Here we have given the basic difference between these two:
MBA in Finance |
MBA in Banking and Finance |
This program focuses on core finance subjects and other allied services. |
This program focuses on building management professionals for the banking and finance sector. |
This course equips the candidate with the skills related to financial practicals and theory. |
This program equips the candidate with the technical and managerial abilities. |
This course provides core knowledge about the finance, financial services industry and fintech. |
This program offers a holistic and integrative solution towards management in the financial and banking sectors. |
Here are the top MBA in banking and Finance Universities and institutes:
College Name |
Average Annual Fee |
PIBM Pune |
INR 7,50,000 |
MIT World Peace University |
INR 3,50,000 |
Alliance University |
INR 7,00,000 |
Chitkara University |
INR 2,63,000 |
Jayoti Vidyapeeth Women’s University |
INR 90,000 |
Maharishi University of Information Technology |
INR 80,000 |
Symbiosis International University |
INR 8,73,000 |
Sharda University |
INR 2,60,000 |
Suresh Gyan Vihar University |
INR 2,10,000 |
Symbiosis School of Banking and Finance |
INR 6,40,000 |
Ganpat University |
INR 85,000 |
Alliance School of Business |
INR 13,50,000 |
Here are the universities and institutes offering MBA in Banking and Finance:
- Symbiosis Institute of Business Management, Symbiosis International, Pune |
- Shanti Business School, Ahmedabad |
- Shaheed Sukhdev College of Business Studies, University of Delhi |
- S K Somaiya College, Mumbai |
- Galgotias University |
- Xavier Institute of Management and Research, Mumbai |
- Amity University Online |
- Rajalakshmi School of Business, Chennai |
- Karunya Institute of Technology and Sciences |
- Vivekanand Business School, Mumbai |
- Lovely Professional University |
- Symbiosis College of Arts & Commerce, Pune |
- AIMS IBS, Bangalore |
- Xavier Institute of Management and Entrepreneurship, Bangalore |
- National Institute of Bank Management, Pune |
- DSU - Dayananda Sagar University, Bangalore |
- Jain Deemed-to-be University, Bangalore |
- Chhatrapati Shivaji Maharaj University, Navi Mumbai |
- FORE School of Management, Delhi |
- JSPM’s Narhe Technical Campus, Pune |
- S.P. Jain Institute of Management and Research, Mumbai |
- Fortune Institute of International Business, Delhi |
- Shoolini University, Solan |
- Rajalakshmi Engineering College, Chennai |
- Swarrnim Startup and Innovation University, Ahmedabad |
- Maharishi University of Information Technology, Noida |
- Jindal Global Business School, O.P. Jindal Global University, Sonepat |
- Brainware University, Kolkata |
- Delhi Technological University, Delhi |
- Arka Jain University, Jamshedpur |
- Great Lakes Institute of Management, Gurgaon |
- IndSearch Institute of Management Studies and Research, Pune |
- ABBS School of Management, Bangalore |
- Saveetha Engineering College, Chennai |
- Sunstone: Geeta University, Panipat |
- University of Wollongong, GIFT City Campus, Gandhinagar |
- Chandigarh University, Chandigarh |
- NMIMS Deemed to be University, Navi Mumbai |
- NMIMS, Hyderabad |
- H.R. College of Commerce and Economics, Mumbai |
- NIT Calicut |
- Delhi School of Business, Delhi |
- Institute of Public Enterprise, Hyderabad |
- Institute of Open and Distance Learning, Chandigarh University, Mohali |
- Parul University, Vadodara |
You can enrol in the MBA in Banking and Finance after taking the entrance examination. But if you want to enrol in the program directly, you can enrol in the Online MBA in Banking and Finance program. The online program for an MBA in banking and Finance offers complete flexibility to the students. You can study from the comfort of your home. There will be no need to visit the university for examination and assignment submission.
MBA in banking and finance equips the candidate with advanced skills related to banking and finance concepts.
MBA in banking and Finance is the best MBA program if you want to make a successful career in the banking field.
The salary after the completion of the MBA in banking and finance ranges between INR 3 LPA to INR 7 LPA, and it can go as high as INR 25 LPA.
Many entrance examinations are conducted that help in the enrolment in the MBA programs specialised in various fields like banking and finance, marketing and many more.
Yes, IGNOU offer an MBA in the Banking and Finance sector
Here are the top universities and institutes offering MBA in Banking and Finance:
Yes, Online MBA in banking and finance is a valid course and is par at a regular degree.
Yes, after an Online MBA in banking and finance, you can apply for the government jobs in various banks like SBI and many more.
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