MBA in Banking and Finance jobs are vast with abundant career opportunities in various sectors like banking, finance, accounting, taxation, asset management. There are numerous job roles in other sectors for MBA Banking and Finance jobs in India. Banking and finance is one of the top choices made by Indian students to pursue as a career.

Career Prospects and Job Scope for an MBA in Banking and Finance

MBA Banking and Finance scope in India concerning career is that it has comprehensive job options in various industries like market research, banking, teaching, and many more industries with an average salary package of INR 3 -7 LPA based on the job role one chooses to work. 

Jobs after MBA in Banking and Finance for freshers in the banking sector :

  • Accounts Assistant
  • Investment Assistant
  • Cashier 
  • Assistant Business Consultant
  • Junior Finance Manager

Job designation for graduates of MBA in Banking and Finance with experience:

  • Operation Manager
  • Branch Manager (Banking)
  • Senior Associate - Investment Banking
  • Senior Business Analyst
  • Research Analyst
  • Business Analyst

Areas of Recruitment for MBA in Banking and Finance

Banking and finance are the heart of any organization; there is a constant demand from all industries, including private and government sectors. Hence, MBA in Banking and Finance scope is high around the world. Some of the sectors to look out for are listed below.

The areas of recruitment providing MBA in Banking and Finance jobs in India are:

  • Financial Institutions
  • Banks
  • Financial Consultancies
  • Colleges
  • Industrial Firms

Salary Packages for MBA in Banking and Finance

The initial pay differs based on one's experience, research topics, area of specialization, etc. The careers with an MBA in Banking and Finance salary in India average is INR 3-7 LPA. The other factors that affect the salary include the type of sector one chooses to work in and the job designation. The graduate's skills, knowledge, and experience play a vital role in the companies' salary package. 

Below listed are the average pay for the graduates of Banking and Finance in MBA:

(Source: Payscale)
Designation Salary
Finance Manager INR 5.53 LPA
Operations Manager INR 7.43 LPA
Financial Analyst INR 3.86 LPA

Government Jobs for MBA in Banking and Finance Aspirants

MBA Banking and Finance salary in Indian government sectors average is INR 3 - 7 LPA. MBA Banking and Finance Govt jobs includes designations like:

(Source: Glassdoor)
Top Government Hiring Companies Job Designation Salary
Ind Bank Merchant Banker INR. 6.78 LPA
J & K Bank Chief Financial Officer INR. 5.25 LPA
Secretarial Officers  Reserve Bank of India INR. 15 LPA

Other government jobs for MBA Banking and Finance are -

  • Research Analysts
  • System Officer
  • Bank Manager
  • RBI Officer
  • Revenue Officer
  • Revenue Inspector

Private Jobs for MBA in Banking and Finance Graduates

The average salary of graduates of MBA in Banking and Finance includes INR 2.5 to 20 LPA.The job designations includes:

(Source: Payscale)

Top Private Hiring Companies
Job Profiles Salary
HDFC Relationship Manager INR. 5.53 LPA
Amazon Finance Manager INR. 8.90 LPA
ICICI Credit Manager INR. 6.50 LPA
YES Bank Branch Manager, Banking INR. 8.07 LPA
Accenture Senior Analyst, Finance INR. 5.71 LPA

Some other jobs for MBA Banking and Finance freshers in this sector are:

  • Operation Manager
  • Branch Manager (Banking)
  • Senior Associate - Investment Banking
  • Senior Business Analyst
  • Research Analyst

Job Opportunities Abroad for MBA in Banking and Finance

MBA in Banking and Finance is a versatile degree and has many job opportunities to choose from within and outside India. International corporations provide the roles of chief financial officer, financial analyst, senior analyst, and other job roles for the graduates of this MBA specialization.

Top Companies

 Check the list below for the top international companies who hire graduates of banking and finance:

  • Goldman Sachs
  • Morgan Stanley
  • Boston Consulting Group
  • McKinsey & Co
  • Barclays

Best Countries

Below are the list of top countries offering job opportunities to banking and finance graduates in MBA: 

  • Dubai
  • Germany
  • China
  • England
  • USA
  • Japan
  • Switzerland

Various Career Designations Abroad for MBA in Banking and Finance Graduate

Here is the list of career prospects for MBA in Banking and Finance graduates abroad:

  • Bank and Finance Managers
  • Accountants
  • Auditors
  • Financial Advisors
  • Banking Loan Officers

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