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Online MBA in Banking Financial Services & Insurance-BFSI
Updated at : July 9, 2025DOWNLOAD E-BOOK
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The Online MBA in BFSI is a life-changing educational path for those who want to do well in the fast-paced and widely connected field of finance. Within the specific setting of the BFSI sector, this specialized postgraduate program covers a wide range of topics, including how banks work, risk management, insurance principles, and strategy management. This online PG program is designed to be flexible so working people can improve their skills without taking time away from their jobs.
Since this BFSI course is designed for freshers and working professionals who wish to excel in banking and finance, thus as the primary eligibility a graduate degree from a recognized university is set for this program at all the credible universities. This way, the aspirants of this program get to study at renowned institutions without compromising their current commitments. This 2-year course consists of 4 semesters that deal with different subjects and topics, which help to develop a broader view of the BFSI sector.
Nowadays, individuals are highly prone to making investments to secure their future, but unfortunately, they end up with a scam due to incomplete knowledge in the field. With an online MBA in BFSI, you not only enhance your career perspectives in the field, but it will also be beneficial for you in the personal space and help you analyze your investment plans more clearly.
An online MBA in Banking, Financial Services, and Insurance (BFSI) is a highly pursued course with additional benefits because of the online mode of delivery. One of the major advantages is the affordable fee structure, and the flexible study schedule is just the cherry on top. Being a highly demanded MBA specialization, this course is now offered by many top and renowned universities in an online mode of education, which have a remarkable position in delivering high-quality MBA in BFSI in regular mode. The online MBA BFSI course helps you hone your skills, such as effective problem-solving skills, enhanced analytical skills, and improved strategic thinking. BFSI even allows you to choose from diverse job roles in your career.
The global BFSI security market size was $64.0 billion in 2023 and is expected to grow at a CAGR of 12.9% by 2030. The threats of cyberattacks, including ransomware, data breaches, and others, have increased the requirement for a strong security system in the BFSI sector. This requirement is reflected in the growing demand for professionals who can tackle this situation by implementing strong security measures, and the easiest possible way to take advantage of this opportunity in the BFSI field is through an online MBA course in the same specialization.
Moreover, the financial services sector is expected to see the fastest growth rate of 14.4% from 2024 to 2030. This is due to the increasing adoption of digital channels and IT-based services in the financial services industry, which has increased the number of cyber attackers breaching these systems. Thus, to secure the digitized BFSI system, professionals with in-depth knowledge in the field are required who can use advanced tools to resolve the issues on the ground level.
The Online MBA in Banking, Financial Services, and Insurance (BFSI) is a smart choice for workers who want to do well in the fast-changing world of finance. This unique program goes beyond basic business education by giving students information specific to the BFSI sector. This MBA specialisation ensures that grads deeply understand the banking business by covering topics like banking operations, risk management, insurance principles, and strategic management.
The online format is good for working people because it gives them flexibility without lowering the standard of education. Also, the focus on global views, integrating technology, and developing leadership skills helps grads get ready to work as leaders in the BFSI sector, manage international financial markets, and make the most of technological advances. So, the school helps people advance in their careers by giving them the skills and information they need to do well in the fast-paced and important fields of banking, financial services, and insurance.
The Online MBA in BFSI is designed for many workers who want to move up in the fast-paced financial industry. Whether you're a seasoned finance executive or a new college graduate who wants to work in BFSI, this program will give you the specific insights and strategic skills you need to be successful. However, below are some people who can pursue this MBA specialisation:
The best time for each person to get an online MBA in Banking, Financial Services, and Insurance (BFSI) relies on their job goals and current situation. For new college graduates, instant enrollment after earning a bachelor's degree is a great way to get specific knowledge early in their career. After a few years of work experience, professionals already working in the BFSI sector who want to advance in their careers may carefully apply for the program. This method ensures that information is used and that people learn more about how complicated BFSI is. Whether you are just starting your job or want to move up, the Online MBA in BFSI will help you understand how to manage the changing financial world.
The online MBA in BFSI course is now being offered at various universities at affordable fee ranges. Here is a list that includes some of them and even addresses their accreditations, which will give you clarity on the credibility of their online degrees.
Top Universities for Online MBA in Banking Financial Services & Insurance Management Course |
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Universities (Online MBA in Banking Financial Services & Insurance Management) |
Universities Accreditations |
UGC | AICTE | NIRF | WES | NAAC A+ | QS World University Rankings |
|
NIRF | NAAC A+ | AACSB | NBA |
|
UGC | NIRF | NAAC A++ |
|
UGC | AICTE | AIU | NAAC A+ |
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In addition to the general management topics, you will study the core of the banking, financial, and insurance fields in the online MBA in BFSI syllabus. Here is a semester-based course list for this program, which will help you gain clarity on the things you will learn in this program.
Online MBA in Banking Financial Services & Insurance Management Course Syllabus |
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Semester I |
Semester II |
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Semester III |
Semester IV |
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*The online MBA in BFSI syllabus is subject to changes based on your choice of the university.
To be eligible to apply to this online course, students need to meet certain basic criteria. The eligibility criteria for this MBA program in BFSI are minimal and basic. Some universities may have their specific additional requirements, but a few basic criteria to meet are:
The Online MBA - Banking, Financial Services, and Insurance duration is 2 years. In this period of 2 years, there are 4 academic semesters. They are given a maximum period of 4 years to complete the course. This time lets you learn a lot about how banks work, how to handle risks, how insurance works, and how to be a strategic manager in the BFSI field. The program's organised schedule ensures that students fully understand the complexities of the financial services industry while giving working professionals the freedom to balance school with their jobs.
Benefits of learning from us
Starting at ₹ 6,776/month
Program Fee: ₹60,000 - ₹2,75,000
Low Cost EMI Available
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The average academic fee for an online MBA in BFSI ranges between INR 1,00,000 to INR 3,00,000. The fees may vary according to the university you choose. This all-inclusive fee system covers tuition, study tools, and access to online resources, ensuring students get a well-rounded education. Putting money into this program gives you access to specialized knowledge, strategic insights, and better job opportunities in the BFSI field. To get help with this, you can use College Vidya Compare to determine how much an online MBA in BFSI costs at different universities.
Students Can Pay The Fees Throughout The Payment Cycle:
Top Universities for Online MBA in Banking Financial Services & Insurance Management Course Fees |
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List of Universities |
Course Fees |
Detailed Fee Structure |
BIMTECH University Online |
INR 2.75 Lakhs |
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Manipal University Online, Jaipur |
INR 1.75 Lakhs |
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Parul University Online |
INR 1.50 Lakhs |
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GLA University Online |
INR 1.02 Lakhs |
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This course has general admission criteria similar to those of most online universities. Mentioned below are the steps that you need to follow to complete the admission process:
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Getting an education loan to pay for an Online MBA in BFSI would be a smart move for your career. Often, these courses cost you money, which makes you step back from pursuing them. An education loan can help you pay for them. With this, you can get help with the payments of fees, books, and other costs. This lets you focus on your studies without worrying about money right away. Also, these loans usually have good terms, like low-interest rates and flexible payment plans.
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Yes, workers who want to do well in the fast-paced finance world should invest in an Online MBA in Banking, Financial Services, and Insurance (BFSI). The program's unique coursework gives students a deep understanding of how banks work, how to handle risks, and how insurance works, giving them a complete picture of the BFSI sector. Working workers can improve their skills without taking time away from their jobs thanks to the freedom of online learning. With a focus on global views, integrating technology, and developing leaders, grads are well-equipped to handle the complicated world of international finance.
This popular MBA specialization helps people move up in their careers by giving them the tools they need to take on leadership roles, bring new ideas to BFSI businesses, and have a real effect on the financial industry. The school is even more valuable because it allows students to network, has a broad group of students, and lets them use financial technology. A Bachelor of Business Administration (MBA) in the BFSI field shows that you are dedicated to staying ahead in a world that is always changing. This makes it an excellent choice for people who want to do well in the banking, financial services, and insurance industries.
College Vidya Advantages
Candidates taking MBA courses online in BFSI specialization can apply to several private and government job sectors in the banking and financial domain. Being a fast-evolving and expanding sector, there are vast job options and roles to explore in this field. Some of the diverse job roles that you can apply for after completing this post-graduation in online MBA in BFSI are:
Job Roles |
Average Salary Package |
Finance Executive |
INR 5 - 8 LPA |
Finance Officer |
INR 7 - 12 LPA |
Financial Consultant |
INR 9.5 - 12.5 LPA |
Insurance Advisor |
INR 8 - 11 LPA |
Bank Manager |
INR 12 - 15 LPA |
Investment Banker |
INR 11 - 14 LPA |
Financial Researcher |
INR 10 - 12 LPA |
Senior Auditor |
INR 9 - 11 LPA |
MIS Executive |
INR 6 - 9 LPA |
The salaries mentioned above are as per Naukari.com.
Top employers actively look for graduates with an online MBA in BFSI because they know the program is good at giving workers strategic insights. This talent pool is regularly hired by well-known financial institutions, banking giants, insurance companies, and consulting firms. This shows that the program is successful at preparing candidates for success in the BFSI industry.
Top Companies That Hire Online MBA Banking Financial Services & Insurance Management Graduates |
Average Annual Salary Packages |
Ascentrik Research Services |
INR 5 - 8 Lakhs |
Bureau Veritas Consumer Products Services |
INR 7 - 12 Lakhs |
Accenture |
INR 9.5 - 12.5 Lakhs |
Pearson |
INR 8 - 11 Lakhs |
EY |
INR 12 - 15 Lakhs |
EXL |
INR 11 - 14 Lakhs |
Rosso Brunello & Da Milano |
INR 10 - 12 Lakhs |
Paytm |
INR 9 - 11 Lakhs |
Synmac Consultants Pvt. Ltd. |
INR 6 - 9 Lakhs |
The salary packages given are sourced from Ambitionbox.com.
Our students work at
ICICI Bank
Axis Bank
Bajaj Finserv
HDFC Bank
India Mart
NTT Data
Paytm
The average fee for an Online MBA in BFSI ranges between INR 1 to INR 3 Lakhs. The exact fee depends on the university you select for pursuing the course.
Students with an Online MBA in BFSI degree can work as a Bank Manager, Finance Officer, Insurance Advisor, Financial Consultant, and Investment Banker. Job options are available in both the government and private sectors.
The Online MBA in BFSI course has a duration of 2 years, divided into 4 semesters. The maximum course duration is 4 years.
Yes, UGC-DEB has approved an online MBA in BFSI as a valid course to be delivered in a fully online mode.
Yes, if you want to work in banking, an MBA in BFSI is the best degree because it gives you specific information and skills for the financial field.
Yes, getting an online MBA in BFSI is very helpful. It gives you expert knowledge in banking operations, risk management, and financial strategies, which can help you get better job opportunities in the finance field.
An online MBA in BFSI is a specialised program that teaches you Bank Management and Financial Risk Management, Financial Statement Analysis and Business Valuation, Principles and Practices of Insurance, and many other topics related to the BFSI sector.
Pay for an online MBA in BFSI graduates varies based on their job roles and the amount of experience. At an entry-level job position, it ranges between INR 6 to 8 lakhs a year, which shows a high ROI for this course.
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