MBA in Banking Jobs, Scope, Salary in India

Duration: 2 Years
Avg Fees: ₹3 - 24 LPA
Roumik Roy
Roumik Roy

Updated on - Jan 4, 2023

MBA in Banking jobs are available in large quantities. The course is a business administration course that educates aspirants in business management and banking. Banking plays an influential part in our daily life. The world is wholly based on currency and transactions. The course has positive careers in different sectors like corporate sectors, marketing, and sale, product-based industries, airport and banking sectors, and much more. MBA in Banking standard salary is INR 1.5 - 24 LPA.

Career Prospects for MBA in Banking

MBA in Banking scope is very promising for students owing to the industry-relevant curriculum. The scope in banking sector after MBA is rewarding, hence candidates interested in the banking industry should consider MBA in Banking. MBA jobs in baking sector include Branch Manager, Financial Analyst, Wealth Manager, Investment Analyst etc. Additionally, other careers in banking sector after MBA are:

  • Human Resource Manager
  • Business Intelligence/Analyst
  • Relationship Manager
  • Assistant Branch Manager
  • Client Financial Manager
  • Analyst-Record to Report
  • Finance Analyst
  • Functional Analyst
  • Operations Manager
  • Market Research Analyst

MBA jobs in banking sector for graduates with experience include:

  • Revenue Performance Analyst
  • Senior Analyst-Data Management
  • Lead Analyst - Financial Planning and Analysis
  • Senior Research Analyst
  • Senior Analyst-Investment Banking
  • Big Data Application Lead
  • Branch Manager
  • Credit Manager
  • Senior Business Analyst (Banking/Finance)
  • Bank Manager
  • Finance Manager

Areas of Recruitment for MBA in Banking

MBA in Banking graduates may work in organizations in the finance and banking department. MBA in Banking and scope is huge because no firm can run without a banking and finance department. Since there are more needs, a career in banking sector after MBA is vast and available in several industries. Some of the areas of recruitment are:

  • IT Companies
  • Corporate Companies
  • Banking sector
  • Hotels and Restaurants
  • Hospitals
  • Retail stores
  • Manufacturing industry
  • Product-based companies
  • Government Sectors
  • Educational Institutions

Salary Packages for Banking Manager

MBA in India's banking scope is numerous, and the standard salary range of PayScale may vary from INR 1.5 to 24 LPA based on graduates' talents, skills, and experience. As the graduate experience, their career moves to the next level and earns more money. If the graduates who wish to pursue their career abroad may get paid around $65,000 – $125,000. Listed below are a few job opportunities and MBA in Banking salary in India:

Source: PayScale
S. No Designation Salary (INR)
1 Human Resource 7.72 LPA
2 Branch Manager 8.95 LPA
3 Relationship Manager 5.76 LPA
4 Assistant Branch Manager 5.87 LPA
5 Credit Manager 7.38 LPA
6 Business Analyst (Banking/Finance) 7.47 LPA
7 Bank Manager 10 LPA
8 Data Analyst 5.71 LPA
9 Finance Analyst 4.34 LPA
10 Finance Manager 8.05 LPA

Government Jobs for MBA in Banking Aspirants

MBA in Banking salary average for graduates is INR 3.25 – 18.75 LPA. The job designations include:

Source: Glassdoor
Top Government Hiring Companies Job Designation Salary (INR)
Indian Bank, Indian Overseas Bank, Central Bank of India, Union Bank of India, United Bank of India Banking Branch Manager 9.85 LPA
Agriculture Insurance Company of India Limited Credit Analyst 4.25 LPA
Central Institute of Plastics Engineering & Technology Assistant Officer (Finance & Accounts) 5.45 LPA
Indian Railway Finance Corporation (IRFC) Deputy General Manager (Finance), Group General Manager (Finance) 6.79 LPA

Other MBA in Banking jobs in the government sector are

  • Finance Officer
  • Banking Operations Manager
  • Finance Associate
  • Banking Branch Manager
  • Finance Manager
  • Banking Business Analyst
  • Bank Manager
  • Risk Analyst
  • Credit Analyst
  • Relationship Manager

Private Jobs for MBA in Banking Aspirants

The average pay scale for MBA in Banking includes INR 1.5 to 24 LPA. The job designations include: 

Source: Glassdoor
Top Private Hiring Companies Job Profiles Salary (INR)
HDFC Bank Pvt Ltd Finance Analyst 5.17 LPA
ICICI Bank Banking Branch Manager 10 LPA
Tata Consultancy Services Limited Business Consultant 8.19 LPA
Axis Bank Relationship Manager 7.79 LPA
Barclays Shared Services Pvt Ltd Business Development Manager 8.85 LPA

Other private MBA in Banking jobs in India:

  • Wipro Technologies Ltd.
  • Deutsche Bank
  • Kotak Mahindra Bank
  • HSBC
  • HSBC Electronic Data Processing India Pvt Ltd
  • Accenture
  • Scope International
  • Morgan Stanley
  • Capgemini Consulting

Job Opportunities Abroad for MBA in Banking Graduates

MBA in Banking courses can fetch a graduate many different jobs in various sectors. Not only banking jobs other than banking jobs, but there are also plenty of jobs available for MBA in Banking graduates. There are tremendous career opportunities abroad in corporate companies, information technology companies, finance and accounting departments in all companies, marketing, sales, educational institutions, banking sectors, and much more. To explore more about MBA in Banking jobs abroad, continue reading.

Top Companies

Listed below are the top international companies that hire MBA in Banking aspirants:

  • Banking Technology, Barclays
  • Santander Bank, Philadelphia
  • Financial Services and Banking, QxBranch, Washington
  • CWB Financial Group, Canada
  • BMO, Vaughan,
  • Banking Operations Auditor, Zurich

Best Countries

List of top abroad locations offering job opportunities for MBA in Banking aspirants: 

  • USA
  • Switzerland
  • Canada
  • Europe
  • Australia
  • UK
  • Saudi 
  • Dubai

Various Career Designations Abroad for MBA in Banking Student

Here is the list of multiple job roles that encourages MBA in Banking students to pursue their career abroad:

  • Human Resource
  • Senior Business Analyst
  • Business Development Manager
  • Chartered Financial Analyst (CFA)
  • SAP Consultant
  • Commercial Finance Manager
  • Associate Vice President (AVP), Market Risk
  • Customer Service Representative (CSR)
  • Finance Director
  • Senior Financial Analyst
  • Chief Accountant
  • Financial Consultant
  • Corporate Banking Assistant Vice President

Best MBA in Bankers

Banking is a mandatory need of everyone in today's world. Banking is the backbone of a country's economy. Here are a few bankers who contributed more to the financial department:

  • Rana Kapoor
  • NS Kannan
  • Naina Lal Kidwai
  • Romesh Sobti
  • Shikha Sharma
  • Kaizad Bharucha

MBA in Banking Fee Structure

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