Degree | Masters |
Full Form | Master of Business Administration in Banking |
Duration | Course Duration of Master of Business Administration [MBA] (Banking) is 2 Years. |
Age | No specific age limit |
Minimum Percentage | 50% |
Subjects Required | An Honors or a Graduates degree recognized by UGC |
Average Fees Incurred | INR 3 L - 10 L per annum |
Similar Options of Study | MBA (Marketing), MBA (Finance), MBA (Human Resource Management) etc. |
Average Salary Offered | INR 5.07 L per annum |
Employment Roles | Assistant Branch Manager, Risk Manager, Area Sales Manager, Branch Manager, Business Analyst, Customer Service Officer, Senior Business Analyst, Sales and Marketing Manager, Accounting Specialist etc. |
Placement Opportunities | ICICI Bank, HDFC Bank Pvt Ltd, HSBC, Kalpataru, Nomura, Yes Bank, Axis Bank, Standard Chartered Bank etc. |
Master of Business Administration [MBA] in Banking and Finance is a postgraduate Banking course, under the umbrella term MBA.
Master of Business Administration is one the most sought-after courses which can be attained by students of any stream.
Below mentioned are some of the top MBA (Banking) colleges:
Regional College of Management, [RCMA] Bhubaneswar
Punjab College of Technical Education, [PCTE] Ludhiana
ICFAI University, Aizawl
The following are some of the courses which are involved in the syllabus of MBA Marketing:-
Marketing Management
Quantitative Techniques for Management
The duration of MBA in Banking and Finance course is normally a two years program with four semesters but time duration may differ from institute to institute and also may be on the part-time basis by certain institutes.
Also Read: What to do After MBA
Banking deals with the business of keeping the money for savings and checking accounts or for exchange or for issuing loans and credit etc.
Secondly, Finance includes saving money and often includes lending money.
The field of finance deals with the concepts of time, money, risk and how they are interrelated.
The following are some of the finest MBA Banking job opportunities for the individuals pursuing the degree.
Accounts Assistant
Business Analyst
Senior Accountant
Finance Manager
It also deals with how money is spent and budgeted.
Visit the MBA for other major Specializations apart from Banking.
One can go for higher degree programs in respective subjects such as M.Phil. & Ph.D. for research work.
The candidates can seek jobs at many places such as RBI, Regional Reserve Banks, the State Bank of India and its associate banks, nationalized banks and private banks.
Those who have pleasing personality can find jobs as:
Direct marketing executives
Personal banking executives
Home banking executives
Candidates also have the option of higher degree programs for further research work.
The first and foremost reason to opt for Banking is the job security it offers.
In today's world money is very important and doing MBA in Banking helps one to get attractive pay.
There are a variety of job profiles within this sector.
The type of job is very versatile and avoids monotony.
Sl. No. |
Name of the College
|
1 |
Regional College of Management, [RCMA] Bhubaneswar
|
2 |
Punjab College of Technical Education, [PCTE] Ludhiana
|
3 |
Sardar Patel University, Vallabh Vidyanagar, Gujarat
|
4 |
ICFAI University, Aizawl
|
5 |
SBRR Mahajana First Grade College, [SBRRMFGC] Mysore
|
6 |
Paladugu Parvathi Devi College of Engineering and Technology, [PPDCET] Krishna
|
7 |
Kanchi University / SCSVMV University, Kanchipuram
|
8 |
Poornima University, [PU] Jaipur
|
9 |
SN Vanitha Mahavidyalaya, [SNVM] Hyderabad
|
10 |
ICFAI Business School, [IBS] Gurgaon
|
Admission to any of the IIM (Indian Institutes of Management) schools requires passing Common Admission Test (CAT) along with the graduate degree from a recognized college and university, however other business schools requires passing either GMAT, CAT, XAT, MAT each of which qualifies candidates for entrance into any management institutions in India.
Apart from these entrance tests, there are few business schools which conducts aptitude test individually which qualifies candidates for that particular business school.
The shortlisted candidates of the IIMs and some other leading management institutes are expected to write essays.
Group discussions and personal interviews are also conducted generally to determine the personality traits and communication skills of the candidates.
For many management colleges in India, Admission: Many B-schools offer admission to a candidate on the basis of the cumulative scores of the Entrance Exam, GD/PIs, and sometimes work experience.
Most Universities offer admission in MBA-Banking through entrance exams.
Although there are some institutions which provide direct admission to the students either on a merit basis or on management quota basis.
Every institute follows the following steps to provide admission:
The first stage of the selection process is qualifying the written test.
Candidates who qualify the entrance test are called for stage 2, which includes Written Ability Test, Group Discussion and Personal interview.
Final selection is done on the basis of scores of these two stages. Candidate’s past academic performance and work experience are also considered for final selection.
Here is a list of Entrance Examinations candidates can take who are looking for MBA Banking program in the Top Universities:
CAT- IIMs and several other Universities |
XAT- XLRI, its associates and other Universities. |
CMAT- B-schools approved by AICTE. |
IIFT- IIFT Delhi and Kolkata Campus. |
SNAP- Symbiosis University and its institutes |