MBA Banking and Finance Management: Course, Fees, Admission, Subjects, Fees, Scope

MBA in Banking & Finance Management Course: Eligibility, Fees, Admission, Syllabus, Subjects, Scope

Edited By Moksh Dheri | Updated on Oct 07, 2024 04:40 PM IST

MBA Banking and Finance Management is a postgraduate degree programme in the field of management. The course duration is two-years with two semesters in each year. The course provides knowledge of advanced finance and banking concepts along with modern economics. Some of the subjects covered in MBA Banking and Finance are economics, banking, financial intermediation, asset and liability management, financial decision-making, financial markets and institutions, and accounting.

This Story also Contains

Highlights- MBA Banking and Finance Management
MBA in Banking and Finance Eligibility Criteria
Top MBA Specialisations
MBA Banking & Finance Management Syllabus/Subjects
MBA in Banking & Finance Management Fees
Scope of MBA in Banking and Finance
Career Options of MBA in Banking & Finance Management
Benefits of Studying MBA in Banking & Finance Management
Top Private MBA Banking and Finance Management Colleges in India
Top Government MBA Banking and Financial Colleges in India

MBA in Banking & Finance Management Course: Eligibility, Fees, Admission, Syllabus, Subjects, Scope

For those interested in working at a bank, an MBA in Banking and Finance management will prove to be the best alternative. Popular institutes offering the course are Amity University, SAGE University, and Aligarh Muslim University. The admission procedure of these colleges is mostly based on the entrance examination, CAT, XAT, MAT, and CMAT are the popular examinations.

In India, around 72 colleges and universities offer MBAs in Banking and Financial Management. To be eligible for the course, students should have a bachelor’s degree in management or a related discipline. MBA Banking and Finance has a huge scope in India, upon graduation students can work as Investment bankers, Financial Analysts, CFO, and Finance Managers.

MBA Banking and Finance Management- Important Dates (CAT)

01 Aug 2024 - 13 Sep 2024 - CAT Application window closed
24 Nov 2024 - CAT Exam in online mode
05 Nov 2024 - 24 Nov 2024 - CAT Admit Card will be issued

Highlights- MBA Banking and Finance Management

Particulars	Values
Course Name	MBA in Banking & Finance Management
Course Type	Postgraduate
MBA Banking and Finance Management Duration	Two year
MBA Banking and Finance Management Semesters	Four
MBA Banking and Finance Management Entrance Exams	CAT, MAT, GMAT, CMAT, XAT, NMAT
MBA Banking and Finance Management Eligibility Criteria	Bachelor’s degree from a recognised institute in India
MBA Banking and Finance Management Admission Process	Direct admission and based on the entrance examination
MBA Banking and Finance Management Fees for the entire duration	Rs. 80,000 to Rs. 24 Lakhs
MBA Banking and Finance Management Average Salary	Rs. 15.2 LPA (Investment Banker)
MBA Banking and Finance Management Job profiles	Investment Banker, Business Analyst, Marketing Analyst, Accounts Manager
MBA Banking and Finance Management Top recruiters	ICICI Bank, IDBI Bank, HDFC Bank, Canara Bank, Union Bank of India, Central Bank of India, Bajaj Capital Limited, L&T Finance Limited, Kotak Mahindra Bank, SBI Capital Markets Limited, J.P. Morgan Chase & Co. (JPMCC)

MBA in Banking and Finance Eligibility Criteria

The students need to fulfil the eligibility criteria before applying for admission. Many colleges provide admissions to those who have earned their bachelor’s degree in management or related disciplines. Since eligibility criteria vary depending on the institute, students are advised to check the official website to know more details about the course.

Eligibility Parameters	Details
Educational Qualification	Bachelor's degree in relevant discipline from a recognised institute in India
Minimum aggregate percentage required	50 per cent (45 per cent for candidates belonging to SC/ST/OBC
Work Experience	2-3 years (depending on the institute's admission policy)

MBA in Banking and Finance Admission

Admission guidelines for an MBA in Banking and Finance are decided by the management and admission department of the institute. Students are generally admitted on a first-come-first-served basis. Generally, it is based on the marks obtained by the candidates in the entrance examination. Some common admission guidelines are as follows.

The admission process may vary depending on the institute. However, it is generally based on the entrance examination. Students will be allotted colleges based on their cutoff score.
Students can apply either by filling out the online application form or by contacting the admission office of the desired institute.
In addition to the entrance examinations, some colleges may conduct additional admission tests such as personal interviews and group discussions.
Finally, candidates should submit the official documents along with the required tuition fees.

MBA Banking and Finance Entrance Examinations

Admissions to MBA Banking and Finance are generally based on the entrance examinations. The examinations can be conducted at national, state, or university levels. In the table below, we have mentioned the popular MBA Banking and Finance entrance examinations along with their relevant details.

Exam Name	Level	Conducting Body	Exam Schedule
CAT	National Exam	Indian Institute of Management Lucknow	CAT Exam Schedule
MAT	National Exam	All India Management Association	MAT Exam Schedule
CMAT	National Exam	National Testing Agency (NTA)	CMAT Exam Schedule
XAT	University/National Level	XLRI Jamshedpur	XAT Exam Schedule
SNAP	University/National Level	Symbiosis International University	SNAP Exam Schedule

Top MBA Specialisations

MBA has various specialisations that cater for the diverse interests of graduates. Some of the popular specialisations amongst MBA aspirants are Finance, Human Resource Management, and Marketing. In the below-mentioned table, we have provided a list of popular MBA specialisations.

MBA in Marketing Management	MBA Data Science
MBA Artificial Intelligence	MBA in Entrepreneurship
MBA Hospital and Health Care Management	MBA in Rural Management
MBA in International Business	MBA Textile Management
MBA in Digital Marketing	MBA in Sustainability Management

MBA Banking & Finance Management Syllabus/Subjects

MBA Banking and Finance subjects may differ from one university to another. However, the core syllabus is quite similar for all the institutes. The curriculum includes both practical and theoretical subjects which provides necessary conceptual knowledge along with hands-on experience. The MBA in Banking and Finance syllabus of Andhra University is discussed below.

Semester I
Perspectives of Management	Accounting for Management
Business Environment	Managerial Communication
Managerial Economics	Organisational Behaviour
Quantitative Techniques for Management	-
Semester II
Marketing Management	Financial Management
Human Resource Management	Research Methodology for Management
Electives
Operations Management	Corporate Legal Frame Work
E-Business	Corporate Governance & Ethics
Digital Governance	Project Management
Semester III
Business Policy and Strategic Management	Operations Research
Ethics and Moral Values	-
Electives
Financial Markets and services	Rural Banking & Financial Inclusion
Retail Banking	Central Banking
Insurance Products & Management	Financing Foreign Trade
Bank Marketing	Public Finance
NBFCS	Micro Finance in India
Semester IV
Entrepreneurship & Small Business ManagementOperations Manager, Supply Chain Manager, Project Manager	E-Banking
Electives
Portfolio Management & Mutual Funds	International Banking & Forex Management
Corporate Banking	Risk Management in Banks
Monetary & Treasury Management	NPA Management
Exchange Arithmetic	Human Capital in Bank Management
Priority Sector Financing	International Financial Management
Project Report	Comprehensive Viva Voce

MBA in Banking & Finance Management Fees

The tuition fees for MBA Banking and Finance Management from one institution to another, private colleges may charge higher fees as compared to a government college. Therefore, students are advised to check the website of the college to know the fees of the same. Generally, the course fees range from Rs. 80,000 to Rs. 24 Lakhs.

Scope of MBA in Banking and Finance

MBA in Banking and Finance graduates can work as part-time employees in the banking and finance field. Graduates can also choose teaching jobs at universities and colleges. After completion of the MBA in Banking and Finance course, graduates may initially enrol as a trainee or accountant.

Candidates who want to pursue a PhD in Banking and Finance can also apply for further doctoral studies. After completing MBA in Banking and Finance course, graduates can pursue higher positions and pursue various careers.

Career Options of MBA in Banking & Finance Management

In this section, we will discuss the career options available after the MBA Banking and Finance Management course, students can choose a career based on their interests and preferences. Students can join various senior-level positions and earn handsome salaries after completing their MBA Banking and Finance Management course.

Job Profiles	Job Descriptions	Average Salary
Investment Banker	Investment Bankers are professionals who work as part of a financial institution and are connected to raising capital for corporations, governments, or other entities. They are responsible for the growth and development of the company.	Rs. 16.8 LPA
Business Analyst	Business Analysts are professionals who assist the companies and help them enhance their current processes and functioning. They conduct research and analysis and come up with various solutions to the business problems.	Rs. 9.7 LPA
Marketing Analyst	Marketing Analysts are professionals who support organisations in improving their products and services, depending on the current trends in the markets to increase their reach using various strategies. They also create marketing and sales plans and use statistical techniques to analyse and interpret data beneficial for the company.	Rs. 9.3 LPA
Accounts Manager	Account managers are individuals who act as the bridge between companies and their clients and customers. They address customers' requirements and concerns quickly and effectively.	Rs. 8.8 LPA

Salary Source: AmbitionBox

Top Recruiters

ITC
Google
Amazon
Oracle
HDFC Bank
State Bank of India
Central Bank of India
Kotak Mahindra Bank

Salary After MBA Banking and Finance Management

The salary after graduating with a banking and finance MBA degree depends on various factors. Some of the factors are work location, skills and experience of the candidate, and the job profile opted. Salaries offered in the government sector may also be different than that of the private sector. In the table below, we have mentioned the average salaries of private and government sectors.

Job Profiles	Average Salary
Private	Rs. 3 LPA-Rs. 100 LPA
Government	Rs. 3 LPA-Rs. 50 LPA

Salary Source: Naukri.com

Benefits of Studying MBA in Banking & Finance Management

Banking and Finance is an industry offering many growth opportunities. It opened up various career opportunities in the banking and corporate sectors. In addition to job security, banks also offer lucrative salary packages to graduates. After completing the course, graduates can seek employment in both government and private sectors. Some of the areas include budget planning, market research, consultancies, public accounting firms and corporate finance.

Top Private MBA Banking and Finance Management Colleges in India

Several private colleges offer MBA in Banking and Finance Management courses in India. Admission is based on prior academic performance and marks obtained in the entrance examinations. In the table below, we have listed the popular private MBA Banking and Finance colleges in India along with their respective fee details.

Colleges	Fees
Amity University, Gurugram	Rs. 8.16 Lakhs
Chandigarh University, Chandigarh	Rs. 5.82 Lakhs
SAGE University, Bhopal	Rs. 1.20 Lakhs
SRMU Lucknow	Rs. 3 Lakhs
SSBF Pune	Rs. 10.46 Lakhs
Sharda University, Greater Noida	Rs. 7.55 Lakhs
T A Pai Management Institute, Manipal	Rs. 16.50 Lakhs
Chitkara Business School, Patiala	Rs. 7 Lakhs
GLA University, Mathura	Rs. 5.15 Lakhs
JLU School of Commerce and Economics, Bhopal	Rs. 5.15 Lakhs

Top Government MBA Banking and Financial Colleges in India

Government institutes are well-known for their nominal fees and good educational facilities. Candidates interested in pursuing an MBA in Banking and Finance should check the official website of these colleges to know the course details. In the following table, we have provided a list of popular government colleges with their respective fees.

Colleges	Fees
Aligarh Muslim University, Aligarh	-
Alagappa University, Karaikudi	Rs. 25,700
Indira Gandhi National Open University, New Delhi	Rs. 62,000
Veer Bahadur Singh Purvanchal University, Jaunpur	Rs. 1.02 Lakhs
Smt RD Gardi Department of Business Management, Rajkot	-
Saurashtra University, Rajkot	-

MBA Banking and Finance Management is an excellent course for someone interested in getting into the finance field. They can apply for many job profiles such as an investment banker, or financial analyst. finance manager, and account manager. The average salary of a Finance Manager in India is Rs. 20.6 LPA, depending on the company and experience of the candidate.

Frequently Asked Questions (FAQs)

1. What is an MBA in Banking and Finance?

MBA Banking and Finance is a postgraduate level degree programme in the field of management. The course duration is two years consisting of four semesters. It provides knowledge of finance, banking and economics.

2. What is the future scope of an MBA in Banking and Finance?

MBA Banking and Finance is a promising course offering many career opportunities to students. Students can work in many industries such as finance, banking, business administration, and economics. Those interested in further studies can also apply for a PhD or an M.Phil in similar disciplines.

3. Is MBA Banking and Finance a good course?

MBA in Banking and Finance is an excellent option for someone interested in working in finance or the banking industry. It also prepares the candidates for diverse job profiles.

4. Do I need to give any entrance exam for MBA in Banking & Finance Management admission?

Yes, an entrance examination is required for admission. CAT is a popular national level entrance examination, however, many colleges also conduct university-level entrance examinations.

5. Which are the best college offering a MBA in Banking & Finance Management in India?

Some of the top institutes are Amity University, SAGE University, Chandigarh University, and Chitkara Business School.

6. What are the careers option after MBA in Banking and Finance

Finance and banking is a growing industry with numerous opportunities like as Investment Analyst, Corporate Analyst, Executive Assistant, and Finance Manager.

7. What are the subjects related in MBA in Banking and Finance?

Core subjects that are involved in the MBA in Banking and Finance are principles of management, Operations Research, E-Banking, and marketing management.

8. What is the average salary earned by candidates after MBA?

The highest paying jobs after MBA in India typically pay between Rs 4,00,000 and Rs 32,00,000 per year, depending on the domain and specialisation chosen by the candidate.