Requirements
- Bachelor Pass Certificate
- minimum 50%
- Transfer Certificate
- Addhar Card
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Features
- Skill to Learn Managements
- More then 100 Specialisation
- Online mode
- Online Exam
- 100% Pass Guarantee
- 100% Placements
MBA in Banking and Finance
MBA in Banking and Finance is a postgraduate program that focuses on developing skills and knowledge in the areas of banking, finance, and investment management. This program is designed for individuals who are interested in pursuing a career in the banking and finance industry or for those who are already working in the industry and want to enhance their skills and knowledge.
Distance education or an online MBA in Banking and Finance allows individuals to pursue this program without having to attend regular classes on campus. This mode of education is convenient for working professionals who cannot attend regular classes due to their work commitments.
Moreover, pursuing an MBA in Banking and Finance through distance education requires self-discipline, motivation, and time management skills, as students have to manage their own learning and complete assignments and projects on their own. Therefore, individuals who are considering pursuing this program through distance education should evaluate their readiness and suitability for this mode of education before enrolling in any program.
MBA in Banking and Finance: Course Highlights
| Course Level | Postgraduate |
| Duration | 2 years |
| Examination Type | Semester type |
| Eligibility | Bachelor’s degree |
| Admission Process | Merit-based or Entrance-based |
| Top recruiting organizations | ICICI, YES Bank, State Banks, Indian Bank, Harman, HCL, Newgen, LAVA, Bajaj Alliance |
| Top recruiting areas | Private Banks, Government Banks, Educational Institutes, BPOs, Banking Sectors, Finance Departments in Industries, Stock Exchanges |
| Top job profiles | Accounts Manager, Marketing Manager, Executive Assistant, Marketing Analyst, Business Analyst, Finance Manager, Cashier, Equity Research Analyst, Investment Banker, Corporate Analyst |
| Average Starting Salary | INR 3 to 7 Lacs per annum |
Why Pursue an Online MBA in Banking and Finance?
There are several reasons why pursuing an online MBA in Banking and Finance can be beneficial. Here are a few:
- Flexibility: Pursuing an online MBA in Banking and Finance offers flexibility in terms of scheduling. Students can choose to attend classes and complete assignments at their convenience, which is especially beneficial for working professionals who cannot attend regular classes.
- Cost-effective: Online MBA programs are generally more cost effective than traditional on-campus programs. Students can save on commuting, accommodation, and other expenses associated with attending classes on campus.
- Career advancement: An MBA in Banking and Finance can enhance an individual’s career prospects in the banking and finance industry. This program equips students with the knowledge and skills required for leadership roles in this sector.
- Networking opportunities: Online MBA programs provide networking opportunities with fellow students and alumni, which can help students build professional connections and expand their career opportunities.
- Specialization: Pursuing an MBA in Banking and Finance allows students to specialize in this field and gain in-depth knowledge of the industry. This can help them stand out in the job market and advance their careers.
- Global perspective: Online MBA programs provide a global perspective on the banking and finance industry. Students can learn about different financial systems and regulations in different countries, which can be beneficial in a globalized economy.
Who Can Pursue Online MBA in Banking and Finance?
Here are some general criteria that institutions may consider for admission:
- Educational Qualifications: Most institutions require candidates to have a bachelor’s degree in any discipline from a recognized university. Some institutions may require candidates to have a specific educational background in finance, accounting, or business administration.
- Work Experience: Many institutions prefer candidates who have work experience in the banking and finance industry. This is because work experience can bring practical knowledge and insight into the program and contribute to classroom discussions and projects.
- English Language Proficiency: Since most online MBA programs are offered in English, institutions may require candidates to demonstrate their proficiency in the language through tests such as TOEFL or IELTS.
- Entrance Exam: Some institutions may require candidates to take an entrance exam such as the GMAT or GRE to assess their academic abilities and potential to succeed in the program.
Similar Study Options of MBA in Banking and Finance Course
- Master of Finance (MFin): This program is designed for individuals who want to specialize in finance and investment management. It focuses on financial analysis, risk management, and portfolio management.
- Master of Commerce (MCom): This program provides a broad understanding of commerce, including banking and finance. It covers topics such as accounting, economics, marketing, and business management.
- Master of Financial Analysis (MFA): This program focuses on financial analysis and reporting, financial modeling, and valuation. It is designed for individuals who want to pursue a career in corporate finance or investment management.
- Chartered Financial Analyst (CFA): The CFA program is a professional certification for individuals who want to specialize in investment management. It covers topics such as ethics, economics, financial reporting, and portfolio management.
- Certified Financial Planner (CFP): The CFP program is a professional certification for individuals who want to specialize in financial planning. It covers topics such as financial planning, investment planning, and retirement planning.
MBA in Banking and Finance Distance Education Admission Process
Here are some general steps that are typically involved:
- Research Programs: The first step is to research and identify the institutions offering MBA in Banking and Finance distance education programs that fit your needs and interests. You should consider factors such as accreditation, reputation, curriculum, and cost.
- Meet Eligibility Criteria: Once you have identified the programs that interest you, you should review their eligibility criteria to ensure that you meet the requirements.
- Submit Application: The next step is to submit an application to the institution that you wish to attend. You will typically need to submit your educational transcripts, work experience, and other relevant documents.
- Entrance Exam: Some institutions may require you to take an entrance exam such as the GMAT or GRE. You will need to prepare for the exam and take it within the specified time frame.
- Admission Interview: Some institutions may require you to attend an admission interview to assess your motivation, suitability, and communication skills.
- Receive Admission Decision: After completing the application process, you will receive an admission decision from the institution. If you are accepted, you will receive an offer letter specifying the program details, including the start date, tuition fees, and other important information.
- Enroll in the Program: If you decide to accept the offer, you will need to enroll in the program by paying the tuition fees and completing other administrative requirements.
MBA in Banking and Finance Course: Eligibility Criteria
Here are some general eligibility criteria that most institutions require:
- Educational Qualifications: Candidates must have a bachelor’s degree in any discipline from a recognized university. Some institutions may require a specific educational background in finance, accounting, or business administration.
- Work Experience: Many institutions prefer candidates who have work experience in the banking and finance industry. However, some institutions may not require work experience.
- English Language Proficiency: Since most online MBA programs are offered in English, institutions may require candidates to demonstrate their proficiency in the language through tests such as TOEFL or IELTS.
- Entrance Exam: Some institutions may require candidates to take an entrance exam such as the GMAT or GRE to assess their academic abilities and potential to succeed in the program.
- Minimum Age: Candidates must be at least 21 years of age at the time of admission.
MBA in Banking and Finance Entrance Exams
Here’s a table of some of the popular MBA in Banking and Finance entrance exams in India:
| Exam Name | Conducting Body |
| CAT (Common Admission Test) | IIMs |
| XAT (Xavier Aptitude Test) | XLRI Jamshedpur |
| SNAP (Symbiosis National Aptitude Test) | Symbiosis International University |
| CMAT (Common Management Admission Test) | National Testing Agency |
| MAT (Management Aptitude Test) | All India Management Association |
| GMAT (Graduate Management Admission Test) | GMAC |
| NMAT (NMIMS Management Aptitude Test) | NMIMS University |
MBA in Banking & Finance Management: Syllabus
Year I | Year II |
Corporate Communication | Business Environment and Ethics |
Managerial Economics | Management Control Systems |
Quantitative Techniques for Management | Mutual Fund Management |
Human Resource Management | Commercial Banking and Role of RBI |
Operations Management | Strategic Management |
Research Methods for Management | Merchant Banking |
Management of Banking and Insurance Companies | |
Principles of Management and Organizational Behavior | Financial Institutions and Services |
MBA in Banking and Finance: Recommended Books
Here are some recommended books for MBA in Banking and Finance, presented in a table format:
| Book Title | Author(s) |
|---|---|
| “The Principles of Banking” | Moorad Choudhry |
| “Bank Management and Financial Services” | Peter S. Rose, Sylvia C. Hudgins |
| “Investment Banking: Valuation, Leveraged Buyouts, and Mergers and Acquisitions” | Joshua Rosenbaum, Joshua Pearl |
| “Financial Risk Management: Applications in Market, Credit, Asset, and Liability Management” | Jimmy Skoglund, Wei Chen |
| “Commercial Banking: The Management of Risk” | Benton E. Gup |
| “Banking and Financial Institutions: A Guide for Directors, Investors, and Counterparties” | Benton E. Gup |
| “The Essentials of Risk Management” | Michel Crouhy, Dan Galai, Robert Mark |
| “Financial Markets and Institutions” | Frederic S. Mishkin, Stanley G. Eakins |
| “Bank 3.0: Why Banking Is No Longer Somewhere You Go But Something You Do” | Brett King |
| “Investment Banking: Concepts, Analysis, and Cases” | Joshua Rosenbaum, Joshua Pearl |
| “The Oxford Handbook of Banking and Financial History” | Youssef Cassis, Richard S. Grossman, Catherine R. Schenk |
Top MBA in Banking and Finance Colleges in India
Here are some of the top MBA in Banking and Finance distance education colleges in India
| College Name | Program Duration | Accreditation Status |
| IGNOU School of Management Studies | 2.5 years | UGC, AIU |
| United Correspondence College | 2 years | UGC, DEC, AICTE |
| Amity University Online | 2 years | UGC, DEB |
| Symbiosis Centre for Distance Learning | 2 years | UGC, DEC |
| NMIMS Global Access School for Continuing Education | 2 years | UGC |
| Annamalai University | 2 years | UGC, NAAC |
| Bharathidasan University | 2 years | UGC, NAAC |
| Pondicherry University | 2 years | UGC, NAAC |
MBA in Banking and Finance Career Options and Job Prospects
Here are some of the career options and job prospects for graduates of an MBA in Banking and Finance program
| Career Option | Job Description | Average Salary (in INR) | Key Skills Required |
| Investment Banker | Facilitates corporate mergers and acquisitions, manages initial public offerings (IPOs) and other types of securities offerings, and advises clients on investment strategies | 12-20 lakhs per annum | Financial modeling, valuation, negotiation, analytical thinking, communication |
| Financial Analyst | Analyzes financial data and provides recommendations on investment decisions, asset allocation, risk management, and financial planning | 4-8 lakhs per annum | Financial analysis, forecasting, risk management, critical thinking, attention to detail |
| Credit Analyst | Evaluates loan applications and creditworthiness of borrowers, and determines the terms and conditions of loans | 3-8 lakhs per annum | Credit analysis, risk assessment, financial statement analysis, communication, decision-making |
| Risk Manager | Identifies and assesses potential risks to a company’s financial performance, and develops and implements strategies to mitigate them | 6-15 lakhs per annum | Risk management, analytical thinking, problem-solving, strategic planning |
| Wealth Manager | Helps clients manage their investment portfolios, plan for retirement, and achieve their financial goals | 6-12 lakhs per annum | Financial planning, asset allocation, investment strategies, communication, customer service |
Top Recruiting Companies for MBA in Banking and Finance Graduates
Here is a list of some of India’s top employers for MBA graduates in banking and finance:
| Company Name | Job Roles |
| HDFC Bank | Relationship Manager, Credit Analyst, Business Development Manager, Branch Manager, etc. |
| ICICI Bank | Relationship Manager, Business Banking Specialist, Credit Analyst, Wealth Manager, etc. |
| Axis Bank | Relationship Manager, Product Manager, Credit Analyst, Branch Manager, etc. |
| Kotak Mahindra Bank | Relationship Manager, Credit Manager, Branch Manager, Wealth Manager, etc. |
| State Bank of India | Relationship Manager, Credit Analyst, Risk Manager, Branch Manager, etc. |
| IDFC First Bank | Relationship Manager, Business Banking Executive, Credit Manager, Branch Manager, etc. |
| HSBC | Relationship Manager, Credit Analyst, Investment Banker, Risk Manager, etc. |
| Standard Chartered Bank | Relationship Manager, Credit Analyst, Wealth Manager, Investment Banker, etc. |
MBA in Banking and Finance Graduate Salary
Here’s a table of the average salaries of MBA in Banking and Finance graduates in India:
| Job Role | Average Annual Salary |
| Investment Banker | INR 9-10 lakhs |
| Treasury Manager | INR 9-10 lakhs |
| Asset Manager | INR 8-9 lakhs |
| Risk Manager | INR 7-8 lakhs |
| Financial Consultant | INR 6-7 lakhs |
| Financial Analyst | INR 6-7 lakhs |
| Equity Research Analyst | INR 6-7 lakhs |
| Credit Analyst | INR 5-6 lakhs |
MBA in Banking and Finance: FAQs
Q: What is an online MBA in Banking and Finance program?
A: An online MBA in Banking and Finance program is a postgraduate degree program that focuses on developing advanced business and financial management skills with a specific emphasis on banking and finance. The program is delivered online through distance education and typically takes 2-3 years to complete.
Q: What are the eligibility criteria for an online MBA in Banking and Finance program?
A: The eligibility criteria for an online MBA in Banking and Finance program vary depending on the institution offering the program, but generally, candidates must have a bachelor’s degree in any discipline with a minimum percentage of marks, along with relevant work experience. Some institutions may also require candidates to take an entrance exam.
Q: What are the career prospects for graduates of an online MBA in Banking and Finance program?
A: Graduates of an online MBA in Banking and Finance program can pursue a wide range of careers in the banking and financial services sector, including roles such as investment banker, financial analyst, credit analyst, risk manager, wealth manager, corporate finance manager, and more. They can work in various sectors such as banking, financial services, insurance, investments, and consulting.
Q: Can an online MBA in Banking and Finance program be pursued part-time?
A: Yes, many institutions offer online MBA in Banking and Finance programs on a part-time basis, which allows students to balance their studies with other commitments such as work and family.
