Master of Business Administration [MBA] (Banking and Finance) - Course Overview

  • STREAM

    MANAGEMENT

  • DURATION

    2 YEARS

  • COURSE

    Banking

  • COURSE TYPE

    Post Graduation

Pranjal Singhal Pranjal Singhal
Content Curator

Master of Business Administration [MBA] (Banking and Finance) Top Colleges, Syllabus, Scope, and Salary

MBA in Banking and Finance is a 2-year full-time postgraduate banking course offered by various institutes in India. The basic eligibility to pursue this course is that the student should have a qualified bachelors degree in Banking or any equivalent degree with 55% of marks from a recognized university.

Some of the top colleges and institutes offering this course in India are:

The average fee for this course ranges between INR 10,000 to INR 5 lakhs based on the marks obtained in Bachelor’s degree or an entrance exam.

MBA in Banking and Finance provides a strong foundation in the Banking and Finance sectors and helps in learning about how to check accounts, keeping the money for savings, money exchange, and issuing loans and credits.

Admission to MBA in Banking and Finance course is based on merit-list or entrance-exam followed by the personal interview. Few colleges directly admit students for this course.

After completing this postgraduate course, candidates may work in areas like:

  • Private Banks
  • Government Banks
  • Educational Institutes
  • BPOs
  • Banking Sectors
  • Finance Departments in Industries
  • Stock Exchanges
  • Schools and Colleges

These graduates may work in positions like Accounts Manager, Marketing Manager, Executive Assistant, Marketing Analyst, Business Analyst, Finance Manager, Cashier, Equity Research Analyst, Investment Banker, Corporate Analyst, etc.

The average salary for these professionals ranges between INR 3 to 7 Lacs per annum based on their experience and expertise in this field.

MBA in Banking and Finance: Course Highlights

Written below are some of the major highlights of the course.

Course LevelPostgraduate
Duration2 years
Examination TypeSemester type
EligibilityBachelor’s degree
Admission ProcessMerit-based or Entrance-based
Top recruiting organizationsICICI, YES Bank, State Banks, Indian Bank, Harman, HCL, Newgen, LAVA, Bajaj Alliance
Top recruiting areasPrivate Banks, Government Banks, Educational Institutes, BPOs, Banking Sectors, Finance Departments in Industries, Stock Exchanges
Top job profilesAccounts Manager, Marketing Manager, Executive Assistant, Marketing Analyst, Business Analyst, Finance Manager, Cashier, Equity Research Analyst, Investment Banker, Corporate Analyst
Course FeeINR 10,000 to 5 Lacs
Average Starting SalaryINR 3 to 7 Lacs per annum

MBA in Banking and Finance: What is it about?

MBA in Banking and Finance course provides a strong foundation in accounting and finance particularly. This course is mainly used for those who wish to pursue a professional accountancy qualification or an academic study in related areas after graduation.  In this course, candidates will be equipped to use accounting statements and financial information to aid in decision-making.

The course covers major theory and practices related to:

  • Financial accounting
  • Working capital management
  • Risk management
  • Business valuation
  • Mergers and acquisitions

This course provides candidates with reliable data and skills regarding the costs of operations and on banking standards with which those costs can be compared in order to assist with banking and finance budgeting.

MBA in Banking and Finance​​​​​​​: Who should opt?

  • Candidates who have an interest in banking and finance and its related areas are suitable for this course.
  • Candidates who possess a mathematical aptitude, diplomacy, a clear analytical and logical mind and knowledge of the banking system are also suitable for this course.
  • Candidates who have the ability to solve accountancy issues are also suitable for this course.
  • Candidates with communication skills, leadership qualities, interpersonal skills, ability to use computers and related technology, and capacity to motivate team members are also suitable for this course.

MBA in Banking and Finance: Top Institutes

Given below are the college names, location and the average structure of the fees which will be taken by the college for this course.

College NameCityAverage Annual Fee
MIT World Peace UniversityPuneINR 3,50,000
Alliance UniversityBangaloreINR 7,00,000
Chitkara UniversityPatialaINR 2,63,000
Jayoti Vidyapeeth Women’s UniversityJaipurINR 90,000
Maharishi University of Information TechnologyLucknowINR 80,000
Symbiosis International UniversityPuneINR 8,73,000
Sharda UniversityGreater NoidaINR 2,60,000
Suresh Gyan Vihar UniversityJaipurINR 2,10,000
Symbiosis School of Banking and FinancePuneINR 6,40,000
Ganpat UniversityMehsanaINR 85,000
Alliance School of BusinessBangaloreINR 13,50,000

MBA in Banking and Finance: Eligibility 

To be eligible to pursue this course, candidates have to pass the BBA/ Bachelor’s degree in Banking or an equivalent degree from any recognized university.

Apart from this, the candidates also need to score 55% of marks in average or 6 GPA point scale in the bachelor’s degree examination. The percentage may vary from one college to another.

MBA in Banking and Finance: Admission Process

Admissions for this course are based on merit-lists or entrance exams followed by the personal interviews. Most of the colleges conduct counseling and select students based on the marks obtained in their Bachelor’s degree or merit-list prepared by the universities.

Major entrance exams conducted by the reputed colleges and universities are:

Candidates who pass the entrance exam conducted by the college should attend the personal interview. Few colleges directly admit students for this course.

Applying for this course:

Eligible candidates may apply for this course through online or offline modes. Candidates may get an application form and apply for this course through the official website of the respective college. Otherwise, they can directly get the application form from the admission office of the respective college for this course.

MBA in Banking and Finance: Syllabus and Course Description

A year-wise syllabus for MBA Banking and Finance is given below. The syllabus may vary from one college to another.

YEAR IYEAR II
Principles of Management and Organizational BehaviorFinancial Institutions and Services
Managerial EconomicsManagement Control Systems
Accounting and Finance for ManagersBanking and Insurance Marketing
Marketing ManagementManagement of Banking and Insurance Companies
Human Resource ManagementCommercial Banking and Role of RBI
Quantitative Techniques for ManagementMutual Fund Management
Research Methods for ManagementMerchant Banking
Corporate CommunicationBusiness Environment and Ethics
Operations ManagementStrategic Management

MBA in Banking and Finance: Career Prospects

There are lots of career opportunities in the banking and finance field. Banking and Finance is one of the top career choices made by students in India. These are lots of job opportunities available in India as well as in foreign countries for chartered accountants. These professionals can also seek employment in various sectors such as in market research, government and private sectors, budget planning, public accounting firms, consultancies, and corporations.

They can work as freelancers in this field. Professionals in this career can also opt for teaching jobs in universities and colleges. After completion of their course, graduates can initially join as a trainee or an accountant. Some of the typical positions graduates may work as are:

  • Accounts Manager
  • Marketing Manager
  • Executive Assistant
  • Marketing Analyst
  • Business Analyst
  • Finance Manager
  • Cashier
  • Equity Research Analyst
  • Investment Banker
  • Corporate Analyst

Further Study: Candidates who would like to study a Doctorate course in Banking and Finance field can further go for further studies. After completing this course, graduates may get high positions and lead a high career.

Given below are the major job positions, their descriptions, and the Average annual salary for each position:

Master of Business Administration [MBA] (Banking and Finance annual salary
JOB POSITIONJOB DESCRIPTIONAVERAGE ANNUAL SALARY IN INR
Financial ManagerFinancial Managers are responsible for reviewing financial reports, monitoring accounts, maintaining reports and preparing activity reports and financial forecasts. They also investigate ways to improve profitability and analyze markets for business opportunities, they are expansion, mergers or acquisitions.INR 9 to 10 Lacs
Accounts AssistantAccounts Assistants are responsible for providing administrative support to accountants, they undertake clerical tasks such as typing, filing, making phone calls, they handle mail and basic bookkeeping. They help the manager and they may also deal with customers external agencies.INR 1 to 3 Lacs
Investment AssistantInvestment Assistants are responsible for providing stockbrokers, managers and stock market traders with financial information, banking information and recommendations derived from global investment data. INR 5 to 6 Lacs
Market AnalystMarket Analysts assesses a company's financial records in order to determine whether a business is adhering to federal laws, achieving profitability, and maintaining workplace efficiency. They also monitor a company's asset ledgers, budget, and performance objectives.INR 5 to 6 Lacs
Business AnalystBusiness Analysts are responsible for teaching requirements management one of the core skills of business analysts. They may also develop technical solutions to problems, to advance a company's sales efforts, they begin with defining, they analyzing and documenting requirements, eliciting requirements, and requirements organization.INR 5 to 6 Lacs

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