MBA in Banking and Finance - Careers, Salary, Jobs, Scope

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MBA in Banking and Finance: Brief Summary

Course Name MBA in Banking & Finance
Duration 2 years
Level -Degree/Diploma Postgraduate Degree
Mode Full Time
Eligibility Graduation with at least 45-50%
Key Skills Required Communication skills, creative, management skills, stress management, confidence
Expected fee Rs 2,00,000- Rs 12,00,000
Average Starting Salary Rs 45,000
Admission Process The candidate should have a full-time Bachelor’s degree for at least 3 years. Some institutes prefer aggregate of at least 50%.
Top recruiting companies Microsoft Corporation – Technology, Ernst & Young – Consulting and accounting, HDFC Bank, State Bank of India, Hewlett Packard – Corporate, – Technology, Fidelity Investments – Investment Management

Why MBA in Banking & Finance?

Graduates with admissible business foundations who aspire to prosper their knowledge and abilities in the field of financial management as advancement in their career opt for MBA in Banking and Finance.

The fundamental point of this full-time program is to offer a more significant emphasis on enhancing the analytical, strategical, financial and marketing skills of an individual in addition to building a comprehensive perspective of all the various functional sectors of business industry. The program intends to provide the managerial training at a progressive level covering the most recent advancements in bank administration and financial firms.

MBA in Banking and Finance is a 2-year course. The course fee ranges from Rs 20,000- Rs 8,00,000.

Students can also go for Postgraduate Diploma in Banking & Finance

MBA graduates specialized in banking and finance usually work with government and private banks, mortgage companies, savings and loan unions, credit establishments. The Banking Industry is anticipated to develop at a solid rate of more than 20% for the following 2 to 3 years. While the Retail banking sector will be the key development zone for banks, different regions like Corporate Credit, SME Banking, strategically pitching of other financial items and administrations like Insurance, Mutual Funds, fee-based sources of pay and mechanical upgradation will likewise be the key development drivers.

The graduates with banking & finance are offered the job roles where they require little or no travel as they need to work within the office or banking environment. They generally work from Monday to Friday with normal work hours, yet may need to work extra time when crucial. They ought to excel with numbers, have solid investigative aptitudes and amazing interactive skills to work with clients, customers, and partners to perform competently in the demanding environment of the Banking and Finance sector.

MBA in Banking & Finance Job Roles and Career Opportunities

The following are few of the common job roles played by MBAs in Banking and Finance:

  • Investment Bankers – These financial experts help different associations, with the raising of assets by issuing stocks and securities. The investment bankers can usually be found to work with brokerage firms, investment banks, and other monetary administrating organizations.
  • Loan Officers – They are recruited in the banking industry and are in-charge of screening and endorsing applications to acquire funds for contracts, car loans, education loans, etc. Work opportunities for these officers can be found at banks and certain monetary administrations firms.
  • Financial Consultant – A financial advisor has an expertise about the scope of financial services, for example, resource administration and retirement planning. Most financial experts regularly have updated knowledge in particular zones of monetary administrations, such as overseeing the individual resources.
  • Chief Financial Officer –The Chief Financial Officer (CFO) gives both operational and automatic help to the association. The CFO oversees the fund unit and is the chief financial representative for the association. They report straightforwardly to the President/Chief Executive Officer (CEO).
  • Business Relationship Manager –The manager at this position serves as a link between corporate administrations and the business. They have huge information on topics relating to both customer service and the business.
  • Academician –Graduates in Banking and Finance management also have the chance to work as Banking and Finance Teachers. These people engage with the Business schools. Those who aspire to learn and teach management can choose this career of sharing their insight with the coming generations.

Here are few other career prospects in this field:

  • Financial Analyst
  • Accounts Assistant
  • Marketing Analyst
  • Cashier/ Teller
  • Equity Research Analyst
  • Real estate/ Insurance-Finance Manager
  • Money Manager
  • Operations Manager
  • Senior Accountant
  • Securities Analyst
  • Risk Analyst
  • Business Development Manager

MBA in Banking & Finance: Salary

With the exponential growth of India’s economy, the industry offers a huge range of salary for management graduates in banking. The salary offered to the experienced graduates varies according to the job profiles such as Financial Analyst can get an average annual salary of Rs.3,50,000; Branch Manager can get an average salary of Rs.6,00,000; Relationship Manager can get an average salary of Rs.6,30,000.

The average pay scale offered to the freshers in this field varies from Rs.2,50,000 to Rs.4,50,000 per annum depending on the performance and skills of an individual. Additionally, the representatives can foresee a strong increment in their salary with the expanding nature of this industry.


Some of the significant employers from worldwide organizations who recruit MBA in banking and finance management are as follows:

  • Merrill Lynch & Co., Inc. – Investment Banking
  • Accenture – Consulting
  • Johnson & Johnson – Corporate
  • Deutsche Bank – Investment Banking
  • American Express – Corporate
  • Abbott – Corporate
  • Microsoft Corporation – Technology
  • Ernst & Young – Consulting and accounting
  • HDFC Bank
  • State Bank of India
  • Hewlett Packard – Corporate
  • – Technology
  • Fidelity Investments – Investment Management

Specializations offered

MBA in Banking and Finance offers various career prospects. The graduates specialized in this field can go for:

  • Marketing Management
  • Human Resource Management
  • Banking Operations Management
  • Strategic Financial Management
  • Commercial Banking Management
  • Technical and fundamental Analyst
  • IT in Banking
  • Portfolio Management
  • Investment Banking Management
  • Corporate Restructuring Management

MBA in Banking & Finance: Syllabus

Students who aspire to do MBA in Banking and Finance must be good to go for confronting the common challenges of the business industry.

The key modules of the program are initially designed to acquaint the individual with management skills rather than just focussing on the basic and systematic thinking of a person. Students are taught various concepts of banking and finance included under the following subjects:

Year Topic
  • Principles of Management and Organizational Behaviour
  • Managerial Economics
  • Accounting and Finance for Managers
  • Marketing Management
  • Human Resource Management
  • Quantitative Techniques for Management
  • Research Methods for Management
  • Corporate Communication
  • Operations Management

3 Months’ Industry internship

  • Financial Institutions and Services
  • Management Control Systems
  • Banking and Insurance Marketing
  • Management of Banking and Insurance Companies
  • Commercial Banking and Role of RBI
  • Mutual Fund Management
  • Merchant Banking
  • Business Environment and Ethics
  • Strategic Management

Project Work/ Research Paper Publication

Popular colleges offering MBA in Banking and Finance

There are many highly prestigious course. The information regarding the admission criteria, eligibility, fee structure and placements of top B-schools in India offering full-time 2-years MBA in Banking and Finance:

College Admission Criteria Fee Placements
Symbiosis School of Banking and Finance, Pune Students will be selected for admissions to this course based on given criteria:
  1. 50% weightage will be given to SNAP Exam score (Entrance test conducted by the university).

2.      50% weightage will be given to GD, PI, and written ability test.

Rs 10,50,000 The average salary package offered to the graduates is Rs.7.14 Lakhs p.a. whereas the highest salary package offered was Rs.9,00,000 p.a.
Chitkara University, Punjab Students can apply either through the CAT/XAT/MAT/XMAT/NMAT scores or through the Chitkara University Test, each of which is followed by GD and PI. Rs 4,68,000 The average salary package offered to the graduates is Rs.4,50,000 p.a. to Rs.6,00,000 p.a.
MIT University Students can apply through the CAT/MAT/XAT/MHCET/ATMA scores, followed by GD and PI. Rs 7,00,000 The average salary package offered to the graduates is Rs.8,00,000 p.a.
Sharda University, Greater Noida


Students can apply either through the CAT (65 percentile) /MAT (75 percentile) scores or through the SUAT, each of which is followed by GD and PI. Rs 4,80,000 The average salary package offered to the graduates is Rs.5,00,000 p.a. to Rs.7,00,000 p.a
Amity University, Gurgaon Students must have at least 50% marks in 10th, 12th and graduation or students applying through CAT/XAT (75 percentile)/ MAT/GMAT (500)/ NMAT (60 percentile) must have the mentioned score. Rs 7,44,000 The average salary package offered to the graduates is Rs.6,00,000 p.a.

Some other institutes-

Requirements for MBA in Banking & Finance

Academic Qualifications

  • The candidate should be a graduate from a recognized university with at least 50% marks in aggregate.
  • He/she should have the required score in CAT/XAT/MAT/NMAT/CMAT/GMAT or any other entrance test accepted by the college.

Preferable Traits

  • The candidates must have fundamental learning about the business, good English proficiency both written and verbal, relational aptitudes, leadership qualities, ability to inspire colleagues, capacity to manage clients and utilize the modern technology.
  • They should have a numerical aptitude, a clear interpretative and logical personality, strategy, honesty and sound information about the functioning of the bank with updated knowledge of the latest advancements.
  • They must be proficient in accounting.

Why should you choose to do an MBA in Banking and Finance?

The development story of the Indian Economy is on course, regardless of brief misfortunes, attributable to the worldwide and nearby factors. India has been developing at around 7% to 9% over the last couple of years opening new job opportunities and scope for graduates in MBA in Banking & Finance.

According to the Reserve Bank of India (RBI), India’s banking division is adequately financed and very much directed. The budgetary and financial conditions in the nation are far better than some other nation on the globe. Credit, market, and liquidity hazard studies recommend that Indian banks are typically flexible and have withstood the worldwide downturn well.

The Indian banking network comprises of 27 public division banks, 26 private segment banks, 46 overseas banks, 56 rural banks, 1,574 urban cooperative banks and 93,913 rural cooperative banks. As estimated by ICRA, the credit development in India’s banking division would be at 7-8% in FY 2017-18.

Unified to the banking Industry, India’s financial administration’s sector is expected to bloom in the coming years, driven by rising individual livelihoods, corporate rebuilding, financial sector liberalization and the development of a more client-oriented, credit-arranged culture. This will promptly expand the interest in financial services and to meet this requirement, management professional specialized in Banking and Finance will be required.

Organized to deal with the business interest for specialists with an insight of the business industry, this MBA program furnishes the yearning executives with the particular industry and its business abilities. Indian banking industry ensures gigantic improvement potential and proffers a brilliant future.

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