About MBA Banking course:
MBA or Master of Business Administration in Banking is a two year post graduate degree which focused on the industries that are providing financial services like banking. Banking operations, financial management, risk management is some skills are developed during the MBA Banking degree.
There are many subjects are covered during the MBA Banking degree like financial analysis, financial accounting, investment banking, commercial banking, international banking, corporate finance, and financial risk management. Apart from these core subjects students learns about the regulatory environment and legal aspects of banking operations fundamentals.
MBA in banking graduates have variety of career opportunities in the field of financial sectors like investment banking, commercial banking, corporate finance, and risk management. The opportunities like Investment Banker, Financial analyst, Risk manager etc. are available after graduating with MBA in Banking.
The average course fees for [MBA ] Banking Courses range between INR INR 2-10 lakhs per annum (may vary as per college).
[MBA ] Banking Course Admission Process:
[MBA ] Banking Quick facts
Highlights for [MBA ] Banking program are provided in the table given below:
Course Level |
Masters |
Full form |
[MBA ] Banking |
Duration |
2 Years |
Examination type |
Semester |
Eligibility |
Bachelor degree in business, finance, economics, or accounting or any relevant stream from a recognized college or university along with minimum 50% aggregate. |
Age Limit |
No age limit |
Course fee |
INR 2-10 lakhs per annum (may vary as per college) |
Average Salary |
INR 4-12 lakhs per annum (may vary as per job profile and company |
Job Positions |
Investment Banker, Financial analyst, Risk manager etc |
[MBA ] Banking Eligibility & Entrance exam
Eligibility Criteria for MBA Banking:
Eligibility for getting admission in MBA Banking may vary from college to college but there is some common criteria of admission are discussed below:
- Student must have a Bachelor degree in business, finance, economics, or accounting or any relevant stream from a recognized college or university along with minimum 50% aggregate.
- Some reputed college may conduct their own entrance exams or they can accepts scores of state and national level entrance exams scores, followed by group discussion and personal interview.
- There is no criteria regarding to age limit, study is beyond the age.
- Some colleges may require work experience before admission this may vary and totally depends on college.
Students who have meeting above criteria are eligible to take admission in the MBA Banking course; student may also have to check with the college official website so they can know more about the exact eligibility criteria.
How to apply for college?
Properly research about the college and also check the eligibility criteria of the college. To apply in particular college student must have to follow given steps:
- Visit to the official website of the college.
- Apply in admission section.
- Fill all the details in admission form like personal details, educational details, entrance exams scores and many more.
- Submit all the necessary documents like photo, signature, personal documents, educational certificates etc.
- Also check is there any counseling round or not. If college is conducting counseling than apply for it.
- Pay the fees for application Form.
Here given above process is common process it may vary from college to college.
Entrance Exams for MBA Banking:
Scores obtained from entrance exams are key to get admission in reputed colleges, Good score leads to top colleges and vice versa. Student has to prepare for entrance exams to get admission in top colleges. Here is the list of some top entrance exams for MBA Banking for which a student can prepare and get top college are:
Entrance Exam Name
|
Mode of Exam
|
Conducting Body
|
Common Admission Test (CAT)
|
Online
|
Indian Institutes of Management (IIMs)
|
Management Aptitude Test (MAT)
|
Online and Offline
|
All India Management Association (AIMA)
|
Xavier Aptitude Test (XAT)
|
Online
|
Xavier School of Management (XLRI)
|
Common Management Admission Test (CMAT)
|
Online
|
National Testing Agency (NTA)
|
Graduate Management Admission Test (GMAT)
|
Online
|
Graduate Management Admission Council (GMAC)
|
Symbiosis National Aptitude Test (SNAP)
|
Online
|
Symbiosis International University (SIU)
|
NOTE: For exam fees, eligibility criteria, dates and exact cut off please visit to the official website of particular exam.
[MBA ] Banking Duration & Fees
MBA Banking Course duration:
This MBA Banking degree is two years full time post graduate degree which is further divided into four semesters whereas in some colleges there are three semester in a year.
The curriculum of degree is designed such as it includes classroom lectures, industry visits, guest lectures, internships, and practical training which lead to real world practical experience in particular industry.
MBA Banking Course Fees:
Fees for course may vary from institution to institution it depends on the ranking, Infrastructure, Faculty, Placements, Facilities provided by the college. Usually the fees for MBA Banking course are ranges between INR 2 LAKH to INR 10 LAKH per annum.
[MBA ] Banking Jobs,Scope,Salary after course
Scope after MBA Banking course:
Pursuing a post graduate degree like MBA leads to high paying jobs along with gaining advance knowledge in particular field. MBA is a very demanding degree in India; many of students are passed out in this degree. MBA in banking graduates have variety of career opportunities in the field of financial sectors like investment banking, commercial banking, corporate finance, and risk management. The opportunities like Investment Banker, Financial analyst, Risk manager etc. are available after graduating with MBA in Banking. Here is the list of popular job roles are:
Job Role
|
Description
|
Average Salary (INR)
|
Branch Manager
|
Responsible for managing the operations of a bank branch.
|
6-12 LPA
|
Credit Analyst
|
Analyses creditworthiness of potential borrowers.
|
5-10 LPA
|
Investment Banker
|
Facilitates mergers and acquisitions, and helps clients raise capital.
|
10-20 LPA
|
Relationship Manager
|
Manages relationships with high-net-worth individuals and corporate clients.
|
7-15 LPA
|
Risk Manager
|
Identifies and manages risks in the bank's operations.
|
8-18 LPA
|
Treasury Manager
|
Manages the bank's investments and cash flow.
|
6-12 LPA
|
Note: The salary mentioned above may vary from company to company and based on experience and interview of individual student.
[MBA ] Banking Top colleges offering course
Top Colleges for MBA Banking Course:
Choosing a good college is a difficult task, good college leads to good career. Before choosing a college one has to check all the details about the college. There are many colleges MBA Banking course but to choose a right college student must check some points like ranking, Infrastructure, Faculty, Placements, Facilities provided by the college. The top colleges may have high fees but the placements are good from top colleges. Here is the list of some top colleges offering MBA Banking Course is:
College/University
|
Location
|
Average Fees (per year)
|
Placement Ratio
|
Indian Institute of Management, Ahmedabad
|
Ahmedabad, Gujarat
|
Rs. 23 lakhs
|
100%
|
Xavier School of Management, Jamshedpur
|
Jamshedpur, Jharkhand
|
Rs. 20 lakhs
|
100%
|
Institute of Management Technology, Ghaziabad
|
Ghaziabad, Uttar Pradesh
|
Rs. 12.5 lakhs
|
95%
|
National Institute of Bank Management
|
Pune, Maharashtra
|
Rs. 4.25 lakhs
|
100%
|
Symbiosis Institute of Business Management
|
Pune, Maharashtra
|
Rs. 9.9 lakhs
|
95%
|
Birla Institute of Technology and Science
|
Pilani, Rajasthan
|
Rs. 9.3 lakhs
|
90%
|
KJ Somaiya Institute of Management Studies and Research
|
Mumbai, Maharashtra
|
Rs. 11.9 lakhs
|
95%
|
Note: The fees and placement ratio may vary, for exact information please visit to the official websites of the particular college.