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Master of Business Administration (MBA) Banking Admission Process, Entrance Exam, Colleges, Syllabus, Jobs, Scope

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Sounak Banerjee

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What is MBA Banking?

What is MBA Banking?

MBA Banking or Master of business administration in banking is a 2 year course. The course is at postgraduate level. The primary aim is to focus on providing requisite managerial skills to the aspiring manager.

The eligibility for the course is graduation with minimum 50% marks in any stream from a recognized college.

The enrollment procedure for the course is an entrance exam conducted by colleges and universities. The entrance exams are CAT, MAT, XAT, SNAP.

India ranking (as per INDIA TODAY ) College name Location Average annual fees
23 Prestige Institute of management and Research Indore INR 1.2 lakhs
45 Amity Global Business School Noida INR 3.90 lakhs
121 MEPCO Schlenk Engineering college Sivakasi INR 90,000
244 People’s Institute of management & research Bhopal INR 70,000

The average fee of the course is INR 2 lakhs to INR 7 lakhs. It mainly depends on the course offered by the college and universities.

The average salary package offered by companies after MBA banking is INR 3 lakhs to INR 10 lakhs per annum. This depends on the employee skills and experience.

See Also: MBA Banking Colleges in India

The job roles after MBA in banking are Merchant Banking, Asset manager, Investment Banker, Risk manager, Private banking, consultants, Cash manager, Finance director, etc.

The top recruiting companies are SBI, RBI, HDFC, ICICI, AXIS, and other banks and finance sectors.

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MBA Banking Highlights

Course Highlight of Masters of business administration in banking:

Course type Post graduate
Duration 2 years
Examination Type Semester wise
Eligibility Graduation in any discipline with minimum 50% marks
Admission process Merit based / Entrance exam
Course Fee INR 2 lakhs - INR 7 lakhs
Average Salary (per month) INR 3 lakhs – INR 10 lakhs
Top Recruiting companies SBI, RBI, HDFC, ICICI, AXIS, and other banks and finance sectors.
Job Position Merchant Banking, Asset manager, Investment Banker, Risk manager, Private banking, consultants, Cash manager, Finance director, etc.
MBA Banking Eligibility

MBA Banking Eligibility

The eligibility criteria for MBA Banking is mentioned below:

  • The eligibility for MBA in banking is to clear graduation with minimum 50% marks in any stream from a recognized college.
  • Commerce is the preferable stream.
  • There should be no receptacle in any subject / subjects.
  • 5% moderation to the reserved category candidates (SC/ST/OBC).

Other MBA Courses:

MBA Banking Admission Process

MBA Banking Admission Process

To get admission in the course, Students must have to clear entrance exams taken by respective colleges and universities. The procedure for the admission is:

  • The registration form will be released on the official websites of the respective colleges or universities.
  • Students have to submit the registration fee on the online portal before the last date.
  • The admit card will be released by the colleges and universities.
  • The exam date will be released by the colleges and universities.
  • The result will be announced after the exam. Some colleges conduct counseling for the final selection.
  • Documentation Date will be given by the colleges for final selection of the students in the course. The documents required are class x and xii mark sheet, original graduation degree, passport size photographs, cast/ category certificate (if any).

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MBA Banking Entrance Exams

MBA Banking Entrance Exams

The entrance exams of MBA in banking conducted by colleges and universities are:

  • CAT: 

Full Form Exam Level Exam Mode Duration
Common Aptitude Test National CBT 180 minutes
  • MAT

Full Form Exam Level Exam Mode Duration
Management Aptitude Test National CBT 2.5 hours
  • XAT

Full Form Exam Level Exam Mode Duration
Xavier Aptitude test National Online 180 minutes
  • SNAP

Full Form Exam Level Exam Mode Duration
Symbiosis national aptitude test National CBT 120 minutes

Some important information about MBA Entrance Exams are mentioned in the table below: 

Entrance exam Application form Exam date Result date
CAT 5 august – 20 September 2020 November 29, 2020 January 5, 2021
MAT Last date 23 august 2020 August 27, 2020 September 15, 2020
SNAP August 16, 2020 December 2020 2nd week of January
XAT 23 August 2020 January 3 2021 January 31 2021

Important Links:

How to crack the MBA Banking Entrance exam?

  • you should strengthen your general knowledge and improve vocabulary because they are difficult subjects for students.
  • Time management skills are the main key to complete your exam on time. you must be aware of sections and the number of questions.
  • students should develop reading habits by newspaper, magazine, biography as a source.
  • Students must be aware of the subject in which they have interest. Interest area is the only key to success.
  • you should have confidence on the subject you have chosen in 10+2.
  • Students must be aware of the details of the entrance exam, syllabus, duration, conducted by whom, exam level, exam mode. These are the basic knowledge of the entrance exam.
  • Find a top institute for your preparation for the entrance exam. Choose top institutes on some parameters like fee of the institute, faculty, geographical location, number of students, transportation facility.
  • Students must attend online tests conducted by the institute on weekends to check their preparation.

How to Get Admission in a Good College?

  • Students should make a list of top colleges to know about them. Some parameters are about the college, eligibility, admission process, entrance exam name conducted by them, location, fee structure, top recruiting companies, courses offered by them.
  • Fill all the exam registration forms with payments before the last date to avoid any discrepancy.
  • Be prepared for the entrance exam conducted by the colleges and universities.
  • Students should score good marks to get admission in a good college.
  • Take counseling before choosing the course and college.
  • Score good marks in bachelor's courses.
  • Take classes for the preparation of exams and interviews.
MBA Banking Syllabus

MBA Banking Syllabus

Syllabus for MBA in Banking . The duration of the course is 2 years. It is given semester wise. Each year consists of 2 semesters.

Semester 1 Semester 2 Semester 3 Semester 4
Management Process & organizational behaviour Human Resource management International Financial management Customer relationship management in banking
Accounting for management Financial management Summer Internship evaluation international banking Managerial competency & career development
Economic Analysis Knowledge management Retails assets & rural banking Banking accounting & audit
Marketing management Operations management Security analysis & portfolio management Risk management in banking
Financial environment Business Research & methods Management of financial services Treasure banking
Basics of communication International Business & practices Strategic management Financial engineering
Self development and interpersonal skills Corporate communications Managing excellence non- credit course Corporate tax planning
Information technology for managers General banking operations Interpersonal communications Cross cultural communication
Quantitative techniques in management Behavioural communications & relationship management Project planning appraisal and control Management of financial institutions
- Legal & regulatory aspects of banking Leading through team Professional excellence
- - Dissertation

Every student must read these top books with their authors while pursuing MBA in banking. These books will help you to understand better about it.

Books Authors
The Everything Store Brad Stone
Monkey Business: Swinging through the wall street jungle John Rolfe, Peter Troob
Barbarians At the gate: the fall of RJR Nabisco Bryan Burrough, John Helyar
The partnership: The making of Goldman Sachs Charles D. Ellis
The last tycoons: the secret history of lazard freres & Co. William D. Cohen
The ascent of money Niall Ferguson
Liar’s poker Michael Lewis
Fooled by randomness Nassim Taleb
The black swan Nassim Taleb:
The snowball: Warren Buffet and the business of life Warren Buffet,
MBA Banking Top Colleges

MBA Banking Top Colleges

The top colleges of Master of business administration in Banking are:

COLLEGE NAME CITY AVERAGE FEES AVERAGE SALARY (PER ANNUM )
Birla Institute Of Technology Ranchi INR 2.76 lakhs INR 3.88 lakhs
Lovely Professional university Jalandhar INR 2.32 lakhs INR 8.4 lakhs
JSS Academy of Higher Education and Research Mysore INR 1.79 lakhs INR
NIMS University Jaipur INR 60,000 INR 4.96 lakhs
Prestige Institute of management and Research Indore INR 1.2 lakhs INR 4.5 lakhs
MEPCO Schlenk Engineering college Sivakasi INR 90,000 INR
Tilka Manjhi Bhagalpur University Bhagalpur INR INR
Amity Global Business School Noida INR 3.90 lakhs INR
People’s Institute of management & research Bhopal INR 70,000 INR
Singhania University Jhunjhunu INR 42,000 INR 5 lakhs

COLLEGE COMPARISON OF MASTER OF BUSINESS ADMINISTRATION (BANKING)

College Comparison of Master of business administration (Banking). Students must compare their college on some parameters like about the college, city, ranking agency, eligibility, admission process, average fees, top recruiting companies, etc. Here is the comparison of NIMS University and Lovely Professional University.

Parameters NIMS University Lovely Professional University
About college NIMS University is known for being the best private university in 2018. According to the ASSOCHAM, it is also known as the best private university for skill development. It is the largest university which offers more than 100 courses in UG, PG, PhD, etc. LPU is situated in Jalandhar, Punjab. It is the largest single campus university in India. It offers you more than 200 courses in UG, PG, PhD, etc. This university is a member of AIU. It is the best private university in 2017 according to ASSOCHAM.
City Jaipur Jalandhar
Ranking agency 126 22
Eligibility Bachelor's degree with minimum 50% marks Bachelor's degree with minimum 50% marks
Admission process Entrance exam entrance exam
Average fees INR 60,000 INR 2.32 lakhs
Top recruiting organizations IBM, VIVO, Dell, Cisco, Wipro, CNBC, Intas, etc. Yahoo, Google, Microsoft, TCS, SAP, ITC, Amazon, etc.
Average salary INR 4.96 lakhs INR 8.4 lakhs
Why Study MBA Banking?

Why Study MBA Banking?

  • It helps you to start off strong. Since you have proven management skills, you’ll be charged with greater responsibility in the beginning. A business graduate would’ve studied strategy in various contexts, they will be able to chalk a business strategy that balances the commercial and economic side of the bank. This will ensure that the bank continues to function well.
  • It will help you with the marketing. Most of the time, banks and other ‘serious’ institutions struggle to market themselves that connects with the consumers. They can help to alleviate this struggle and develop a marketing strategy to solve the problem.
  • It will help in project management. They can plan optimal management strategies. Planning and organization are also skills that one develops while managing projects in the banking sector.
  • One of the important reasons why the banking sector is preferred is mainly because of the job security offered by this field. Banking sector can provide the best job security in the present circumstances.
  • The banking sector offers you best pay packages with the wide range of choices to grow to further positions are attractive.
  • People working in the banking sector can find time to spend with their family. Even though, 9-5 timing is not strictly followed in private sector banks like the public sector. So, people can get time to spend for their personal interests as well.
  • The chance to grow in positions by performing well in the same bank, candidates can also look for job positions in other banks, when they work in private sector banks. If they get the chance to work in public sector banks and wish to change their career path in the middle, they can find job opportunities in other sectors with the experience they have gained from the banking sector.
MBA Banking Course Comparisons

MBA Banking Course Comparisons

Course comparison of Master of business administration in Banking and Master of business administration in finance. It can be compared on some parameters like the course, duration, eligibility, admission process, top colleges, average fee, average salary, job roles, top companies.

Parameters MBA banking MBA finance
Brief explanation MBA banking or Masters of business administration in banking is a 2 year course. The course is at postgraduate level. The primary aim is to focus on providing requisite managerial skills to the aspiring manager. MBA Finance or Masters of Business Administration in Finance is a 2 year course. It deals with different aspects of finance studies and its applications in the setting of business and management. It deals with many management and business subjects along with providing training in the field of financial management. 
Duration 2 years 2 years
Eligibility Graduation with minimum 50% marks Graduation with minimum 50%-60% marks
Admission process Entrance exam Entrance exam
Top colleges Lovely professional university, NIMS university, Singhania University, etc. Indian Institute of Technology Kharagpur, Indian Institute of Management Kozhikode, National Institute of Industrial Engineering, etc.
Job roles Merchant Banking, Asset manager, Investment Banker, Risk manager, Private banking, consultants, Cash manager, Finance director, etc. Financial Consultant, Finance Manager, Business Analyst, Accounting Manager, Bank Manager, Corporate Controller, Relationship Manager, etc.
Average fees INR 2 lakhs – INR 7 lakhs INR3 lakhs– INR 8 lakhs
Average salary INR 3 lakhs – INR 10 lakhs INR 4 lakhs –10 lakhs
Top recruiting organization All of the Banking and Finance Sector HSBC, HDFC, ICICI, Genpact, E&Y, Morgan Stanley, Lehman Brothers, BCG, Barclays, etc.
MBA Banking Scope

MBA Banking Scope

  • The candidates can apply for a Private job or government job in the banking sector after MBA in banking.
  • The candidates can pursue PhD programs if they have interest in higher studies.
  • Candidates may become a professor for MBA banking in the colleges or universities.
  • Some courses can be done after MBA Banking are Certifications of risk management assurance, Chartered Financial Analyst,3 Certified Information Systems Auditor, etc.
MBA Banking Jobs

MBA Banking Jobs

Career options with the jobs description of Master of business administration in banking. One should get these jobs after MBA in banking:

  • Merchant Banking,
  • Asset manager,
  • Investment Banker,
  • Risk manager,
  • Private banking,
  • consultants,
  • Cash manager,
  • Finance director, etc.

The job profiles are given with their role description and average annual salary:

Job profiles Role Average annual salary
Asset manager The role of asset manager is to manage the assets of clients according to the investment preferences. They meet with the clients to assess the asset status, needs, risks, goals, forecast reports and many other things. INR 5.03 lakhs
Risk manager The role of risk manager is to communicate the policies and procedures of risk of an organization.They research and make analytical reports and ensure controls are operating. INR 4.81 lakhs
Cash manager The role of cash manager is to manage the funds of the company and also oversees the allocation of cash balances, loans, disbursements, and investments. INR 5.67 lakhs
Finance director The role of financial director is to oversee all financial activities, making reports of revenue, training the accounting staff, budgeting, managing the risk, implementing and improving financial problems. INR 36.46 lakhs
Finance manager The role of Finance manager is to plan the budget, support the executive management team and financial advice to make best decisions for the organizations. INR 7.66 lakhs
MBA Banking FAQ

MBA Banking FAQ 

Ques: What is MBA in banking and Finance?

Ans: The Master of Business Administration with a specialization in Banking and Finance (MBABF) program is designed to prepare students for careers in the financial field and banking management, money management, financial consulting, and financial institutional operations.

Ques: How is an MBA banking course helpful?

Ans: MBA banking course is really helpful :

  • decision making
  • management and marketing strategies
  • planning
  • practical ideas

Ques.Is MBA useful for MBA Banking?

Ans: MBA Banking is very helpful to get executive jobs in the banking sector.

Master of Business Administration [MBA] (Banking) Fee Structure in India


12 K (Minimum Fee)PUBLIC COLLEGES3 L  (Maximum Fee)
93.34 K (Average Fee)
50 K (Minimum Fee)Private COLLEGES5.94 L (Maximum Fee)
1.97 L (Average Fee)

Master of Business Administration [MBA] (Banking) Fee Structure By state


Andhra Pradesh

3 LPUBLIC COLLEGES3 L
3 L
54 KPrivate COLLEGES2 L
77.93 K

Karnataka

1.08 LPUBLIC COLLEGES1.08 L
1.08 L
70 KPrivate COLLEGES5.94 L
2.48 L

Tamil Nadu

25.91 KPUBLIC COLLEGES25.91 K
25.91 K
70 KPrivate COLLEGES4.07 L
1.79 L

Madhya Pradesh

76.45 KPUBLIC COLLEGES76.45 K
76.45 K
1.40 LPrivate COLLEGES1.40 L
1.40 L

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