Top Colleges Offering Online MBA in Banking and Finance
Online MBA in Banking and Finance is a two-year degree programme providing students with a comprehensive understanding of banking and financial management. Several government and private colleges in India offer an Online MBA with a specialisation in banking and finance. The fees of this online MBA course can range from Rs 2,20,00 to Rs 3,60,000.
Admission to an Online MBA in Banking and Finance course is merit-based. Some universities also consider scores of entrance exams like CAT, XAT, and MAT. After completing this online MBA course, graduates can pursue careers such as Financial Analyst, Investment Banker, Budget Analyst, and others.
Also Read: Top Business Schools for Online MBA Courses in India
Top Online MBA in Banking and Finance Colleges in India
Several public and private colleges in India offer an online MBA in Banking and Finance. Individuals seeking a career in this field or want to make a career transition can apply for the programme. The following table highlights a list of top online MBA Banking and Finance colleges based on NIRF 2024.
List of top colleges for online MBA Banking and Finance
| Online MBA Banking and Finance Colleges | NIRF Ranking | Total Fees |
|---|---|---|
| T A Pai Management Institute (TAPMI) | 58 | Rs 3,60,000 |
| 77 | Rs 2,20,000 |
Why Study Online MBA in Banking and Finance?
Pursuing an online MBA in Banking and Finance can equip students with every aspect of these fields while opening several doors to lucrative prospects. It also offers various benefits to individuals looking for a career in the financial industry. Some of the reasons why one should study an online MBA Banking and Finance course are mentioned below:
Specialised Knowledge: With an online MBA in Banking and Finance, students will gain in-depth knowledge and skills tailored to the financial sector. It will provide you with an understanding of financial markets, banking operations, risk management, and other relevant topics.
Flexibility: An online MBA in Banking and Finance programme offers flexibility, allowing working professionals to complete their studies without disrupting their professional commitments.
Career Advancement: Having a master's degree in banking and finance will help one to get into senior and executive-level positions in financial institutions, investment firms, banks, and other related organisations.
Networking Opportunities: An online MBA Banking and Finance course will help one to build a strong network with professionals from diverse backgrounds. This can lead to job opportunities, partnerships, and connections throughout one’s career.
Global Perspective: With this online MBA programme, students can gain a global perspective. This will expose them to international business practices and financial markets.
These are some of the reasons which are essential for choosing an accredited programme that aligns with your career goals. An online MBA in Banking and Finance will complement your practical knowledge through projects and internships.
Also Read: Is 1-Year Online MBA Valid in India?
Online MBA in Banking and Finance Syllabus
The subjects and syllabus of an online MBA in Banking and Finance may differ depending on the institute. Structured over four semesters, the syllabus covers core subjects, electives and a project or dissertation. The table below lists the syllabus of Jain Online MBA in Banking and Finance.
Semester 1 | |
Business Economics | Managerial Effectiveness and Ethics |
Accounting and Finance | Organizational Behavior and Human Resources Management |
Quantitative Techniques for Business Decisions | - |
Semester 2 | |
Entrepreneurship | Marketing Management |
Banking, Financial Services and Insurance | Corporate Law |
Business Analytics | - |
Semester 3 | |
Business Research Methods | Operations Management |
Banking Domain - Retail and Corporate Business | KYC in Banking |
Customer Service and Banking Codes and Standards | Open Elective Course |
Semester 4 | |
Management of Financial Services | Financial Management and Valuation |
Financial Analysis and Audit Reports | Digital Banking - Fraud and Risk Management |
Cross-Functional Elective Course - Strategic Problem Solving | Master Thesis / Project * |
Online MBA in Banking and Finance Eligibility Criteria
Candidates who are in financial services or interested in making a career transition into this field can enrol in an online master's degree in banking and finance. Graduates from recognised universities with a minimum of 50 percent and individuals with at least one-year of relevant work experience are eligible to take this course.
An online MBA Banking and Finance course is also suited for:
- Early-career professionals who are seeking a career in banking and financial management
- Mid to senior-level managers and Business leaders in the banking and financial services sector
- Risk management consultants
- Finance professionals
As every institute has its own requirements, the minimum eligibility criteria is a bachelor’s degree. The online MBA in Banking and Finance eligibility criteria are as follows:
Educational Qualification
Candidates must have completed a bachelor’s degree in a relevant discipline from a recognized university.
They should have scored a minimum mark of 50% (45% for reserved categories) in the qualifying examination.
Aptitude test
Some institutes take candidates based on scores obtained in an entrance examination as part of their application process. Some of the popular entrance exams include CAT/ MAT/ CMAT/ XAT/ GMAT.
Work Experience
A minimum of 1 year of working experience in a relevant domain can be an added advantage.
Age
There is no age bar to enrol in the online MBA Banking and Finance degree.
Online MBA in Banking and Finance Admission
Individuals who meet the eligibility criteria set by the respective colleges and universities can proceed with the admission process. Admission to the online MBA Banking and Finance involves processes such as online registration, submission of the application form along with the supporting documents, and the payment of course fees.
Admission Process for Online MBA in Banking and Finance Course:
Candidates can follow the steps mentioned below to apply for admission to the course:
Step 1: Go through the official website of your chosen university
Step 2: Register yourself on the website by entering your email ID and create a password of your choice.
Step 3: After registration, complete an application form online with the required details
Step 4: Submit the form along with the required documents
Step 5: Wait for the admission confirmation from the university
Step 6: After confirmation, pay the course fees to access the course
Popular Online MBA Specialisations
Several Online MBA colleges in India allow students to pursue an online MBA in a variety of specialisations depending on their career goals. They can choose a specialisation in the third and fourth semesters to specialise in their area of interest. The following table lists some of the popular online MBA specialisations.
Online MBA in Banking and Finance Career Options
After completing an online MBA Banking and Finance course, graduates can explore numerous employment opportunities in diverse industries. They can enter both private and public sector organisations and fulfil their dreams. Some of the areas where graduates can find employment include BFSI, wealth management, financial consultancy, and corporate finance.
The following table highlights some of the popular online MBA in Banking and Finance jobs and their salaries.
| Job Roles | Average Base Pay (annually) |
|---|---|
Rs 6 lakhs | |
Rs 16 lakhs | |
Rs 6 lakhs | |
Rs 11 lakhs | |
| Credit Analyst | Rs 8 lakhs |
| Asset Manager | Rs 7 lakhs |
Resource Links for Online MBA
- Online MBA
- Online MBA Colleges
- Online MBA Syllabus
- Online MBA Admission
- Online MBA Cut Off
- Online Executive MBA
Conclusion
An online MBA in Banking and Finance can be a rewarding programme as it equips you with the necessary skills and knowledge you need to succeed in the financial and banking sector. Pursuing this MBA degree online will enable you to get into leadership roles in top companies. You can also go abroad with significant career growth and salary potential.
Frequently Asked Questions (FAQs)
As there is a high demand for banking and finance professionals, pursuing this online MBA programme will get you into leadership positions in top companies. The programme will equip you with skills and knowledge essential for your career growth.
Anyone, from recent graduates to working professionals, business owners, and entrepreneurs, is eligible to apply for this online MBA programme.
There is a vast scope of this programme in India and abroad. One can get opportunities in areas such as asset management, retail banking, planning and taxation, financial advisory, accounting, insurance and others.
After completing the programme, you will earn a degree which has lifetime validity.
Some of the in-demand skills include presentation, analytical approach, interpersonal skills, project management, time management, and logical reasoning.
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