Banking and Insurance are one the top sectors when it comes to job security and longevity. The jobs in the field are numerous as well as diverse. Management in this sector becomes an even better option as it offers better paid jobs. An online/distance MBA in Banking and Insurance gives you the opportunity to land high-level jobs. This is a great course for commerce graduates who wish to pursue a career in Management. However, graduates from other streams can apply for this course as the curriculum covers topics from basics to advance. 

Online MBA in Banking and Insurance Key Highlights

• Anybody with a bachelor’s degree in any stream from a recognised college with at least 50%  marks is eligible to apply for the online and distance MBA in Banking and Insurance. 
• The course curriculum is designed in a way that helps learners develop a deep understanding of Management specifically in Banking and Insurance. 
• The course will develop individuals who are equipped with skills of management theory as well as problem solving and decision making practical skills for real-life problems within the complex world of Banking and Insurance sector. 
• Usually there is no entrance exam to get admission in the online and distance MBA in Banking and Insurance. However, some universities might decide to conduct an entrance exam as per their own admission policies. 
• The duration of this postgraduate program is 2 years with 4 semesters of six months each.    
• UGC-DEB has approved the online and distance MBA in Banking and Insurance, so the degree is valid across all public and private organizations. 

Online MBA in Banking and Insurance Subjects

The online and distance MBA in Banking and Insurance is a 2 year postgraduate degree course divided into 4 semesters. Given below is the syllabus for all 4 semesters. The syllabus in the first two semesters is similar to that of General MBA. The specialisation specific topics are taught in the last two semesters. 

Eligibility Criteria for Online MBA in Banking and Insurance

• The applicant should have a bachelor’s degree of minimum 3/4 years from a government recognised higher education institution. 
• The applicant should have scored a minimum of 50% marks or an equivalent grade in the bachelor’s and 10+2. 
• Working professionals from relevant fields can also apply for the online and distance MBA in Banking and Insurance course. 

Duration for Online MBA in Banking and Insurance 

The online MBA in Banking and Insurance is a professional postgraduate degree course of a duration of 2 years. There are a total of 4 semesters of six months each. The students have to work on and submit either a project or a dissertation in their final semester. 

Admission Procedure for Online MBA in Banking and Insurance

All the steps for the admission procedure of the online MBA in Banking and Insurance are described below. 

• Go to that official website of the college which lists all the online courses. 
• Register online, then log in to fill the application form. 
• After filling your details in the application form, upload all the necessary documents including your recent coloured passport size photograph. 
• If there is a registration fee, then pay the fee online and submit the application form.  
• If the college conducts an entrance exam, then you have to clear the cutoff for that exam. If there is no entrance exam, then you just have to pay the academic fee. 
• After successful payment of the academic fee, you will receive your student Id and other enrollment details like your LMS login credentials.  

Other Online MBA Course Specialisations

Career Opportunities after Online MBA in Banking and Insurance

Online and distance MBA in Banking and Insurance might sound like a course for jobs only in the banking sector. However, this is not the case. Since it is a management course, you get job opportunities in various public and private insurance and finance firms, apart from banks. Even companies from all other sectors hire management in banking and insurance graduates to manage the accounts and finances of their organisations. 

The jobs you get after completing your online/distance MBA in Banking and Insurance degree are highly reputed, well-paid, and secure as well. Therefore, the future scope of a career in this field is wide and prosperous.

Some of the popular job roles after the online/distance MBA in Banking and Insurance are given in the table below: 

Top Hiring Firms for Online MBA in Banking and Insurance

Fee Structure for Online MBA in Banking and Insurance 

The academic fee structure for online and distance programs is extremely affordable. An MBA is quite an expensive course, however, the online/distance MBA in Banking and Insurance is quite a pocket-friendly course. The average total fee is around INR 1.5 lac.  

Popular Colleges for Online MBA in Banking and Insurance

The online MBA in Banking and Insurance is a new course. This is because this sector is quite popular and needs more management graduates but there was no particular course dedicated to the banking and insurance sector. So, a few colleges have come up with this course. 

2 of the best online colleges for online and distance MBA in banking and insurance are: