Master of Business Administration [MBA] (Banking) Course Details - Admissions, Eligibility, Duration and Course Fees

About Master of Business Administration [MBA] (Banking):

• Master of Business Administration [MBA] in Banking and Finance is a postgraduate Banking course.

• Master of Business Administration is one the most sought-after courses which can be attained by students of any stream.

• The course has interconnectivity with the other courses being in the MBA discipline like Marketing, Finance and Accounting with some of the detailed and varied domain of application.

• 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

• Post-graduation the individuals can work for the banking sector which is one of the most financially stable sectors known in the Indian Market in some of the prolific and highly designated posts.

• The following are some of the courses which are involved in the syllabus of MBA Marketing:-

  • Accounting and Finance for Managers

  • Marketing Management

  • Quantitative Techniques for Management

  • Research Methods 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.

• Many universities conduct their own entrance exams in accordance with their admission procedure.

What is Master of Business Administration [MBA] (Banking)?

• 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 banking sector rather than having an extremely challenging Syllabus also provide some of the lucrative job opportunities for the individuals pursuing the Master of Business Administration [MBA] (Banking).

• 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

• The aspirant must be successfully passed out from the (10+2) Secondary and Higher Secondary from a recognized board to meet the eligibility criteria for the course.

• It also deals with how money is spent and budgeted. 

Why Choose Master of Business Administration [MBA] (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 growth potential careerwise is enormous.

• The type of job is very versatile and avoids monotony.

Top Colleges for Master of Business Administration [MBA] (Banking):

Top MBA Banking Colleges in India

Eligibility Criteria for Master of Business Administration [MBA] (Banking):

• 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.

Admission Procedure for Master of Business Administration [MBA] (Banking):

• 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. 

Entrance Exams for Master of Business Administration [MBA] (Banking):

Here is a list of Entrance Examinations candidates can take who are looking for MBA Banking program in the Top Universities: