MBA Banking Admission Process, Entrance Exam, Colleges, Syllabus, Jobs, Scope, 2023

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.

Note: Students who wish to pursue their education in Management field or get a career boost, can check MBA course.

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, and SNAP.

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. Check MBA Full Form 

Know More About Banking Course

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 AlsoMBA 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.

Check Out:

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.

Other MBA Courses:

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).

Check Out:

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).

See:

MBA Banking Entrance Exams

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

Exam Name Application Period Exam Dates
CAT August 3 – September 21, 2022  November 27, 2022
CMAT December 26 – February 25, 2023 March 26, 2023
XAT August 10 – December 12, 2022 January 08, 2023
ATMA December 26 – February 18, 2023 February 25, 2023

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 completing your exam on time. you must be aware of sections and the number of questions.
  • students should develop reading habits by reading newspapers, magazines, and biographies 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. See: MBA Admission without 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.

See Also:

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.

See Also:

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

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

College Name City Average Fees
Birla Institute Of Technology Ranchi INR 2.76 lakhs
Lovely Professional university Jalandhar INR 2.32 lakhs
JSS Academy of Higher Education and Research Mysore INR 1.79 lakhs
NIMS University Jaipur INR 60,000
Prestige Institute of management and Research Indore INR 1.2 lakhs
MEPCO Schlenk Engineering college Sivakasi INR 90,000
Tilka Manjhi Bhagalpur University Bhagalpur INR
Amity Global Business School Noida INR 3.90 lakhs
People’s Institute of management & research Bhopal INR 70,000
Singhania University Jhunjhunu INR 42,000

MBA Banking: College Comparison 

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?

  • 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 marketing. Most of the time, banks and other ‘serious’ institutions struggle to market themselves that connect 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. The banking sector can provide the best job security in the present circumstances.
  • The banking sector offers you best pay packages with a 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.

See: Why study MBA?

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, and top companies.

MBA Banking vs MBA Finance 

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

  • 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 that can be done after MBA Banking are Certifications of risk management assurance, Chartered Financial Analyst,3 Certified Information Systems Auditor, etc.

See Also:

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 FAQs

Ques. What is the salary of an MBA in banking?

Ans. The average salary of an MBA in Banking graduate ranges from INR 4 to INR 10 lakhs.

Ques. Is MBA useful in banking?

Ans. Definitely. Candidates working in the banking sector holding the MBA degree can strengthen their resume and also get the chance to develop in their respective positions.

Ques. What can I do with an MBA in banking?

Ans. There are various job options which MBA Banking graduates can look for. Some of them are -

  • Financial Manager
  • Accounting Manager
  • Financial Analyst
  • Accounting Manager
  • Management Consultant
  • Corporate Controller, etc.

Ques. Which MBA is most in demand?

Ans. The most in-demand MBA specializations are -

  • General Management
  • International Management
  • Entrepreneurship
  • Operations Management
  • Marketing
  • Consulting, etc.

Ques. What is an MBA in Banking and Finance?

Ans. MBA in Banking and Finance is a 2 year full time master degree program, where students explore knowledge in the banking and finance sector.

Ques. Which degree is best for banking?

Ans. When it comes to pursuing a degree in the banking sector, MBA is the best option students can go for. Other degrees from where candidates can get their banking degrees are Finance, Economics, Accounting, etc.

Ques. Which college is best for banking?

Ans. Some of the best colleges offering banking courses are -

  • Dr DY Patil University, Navi Mumbai
  • IPE Hyderabad - Institute of Public Enterprise
  • Goa Institute of Management, Goa
  • HITS Chennai - Hindustan Institute of Technology and Science
  • BK School of Business Management, Gujarat University, Ahmedabad, etc.

Ques. What are the course fees for MBA Banking?

Ans. The average course fees for the MBA Banking course is INR 2 lakhs - INR 7 lakhs.

Master of Business Administration [MBA] (Banking) : 15 answered questions

VIEW ALL

Ques. What should be preference order of IMT Ghaziabad courses- PGDM, PGDM marketing, PGDM finance, PGDM DCP, PGDM banking, insurance and financial services?

● Top Answer By Dhruv Chatterjee on 25 Jan 23

Ans. IMT Ghaziabad offers a variety of courses that cater to various specializations. These courses have been listed and explained in their order of preference PGDM Marketing/PGDM Full Time (Marketing): This is the most coveted program among IMT students mainly because today its alumni have acquired top positions in big firms. Other major reasons include top-notch faculty, great internship and placement opportunities in terms of role and CTC, IMT’s eligibility, and excellent performances in recognized marketing and strategy B Schools competitions. PGDM Finance/PGDM Full Time (Finance): This one is most suitable for aspirants who are interested in Finance. However, this program offers lesser opportunities than the Marketing program in terms of role and CTC.  PGDM Full Time (Operations): This program offers opportunities similar to that of Finance. But the batch size of PGDM Operations is smaller than PGDM Finance, so it may be easier to secure an internship/final placement, but the opportunities come less compared to Finance. PGDM DCP: DCP or the Dual Country Program is for those who are keen to get international exposure. Compared to an MBA from a foreign university, this program is cheaper and yet offers an opportunity to explore a different culture and learn to make decisions in an international context. This is best suitable for those who are in the Marketing domain. PGDM Banking and Financial Services (PGDM-BFS): This program was launched in 2019 and is relatively newer. It targets the core Banking and Finance sector. While the MBA program aims to provide a holistic view of management, this program solely focuses on Banking and Finance. PGDM Full Time (HR): This is the least taken course and offers very less in terms of opportunities. The courses have been arranged preference-wise so will make it easy for you to choose one.Read more
0
0
1 Answer
●●●

Ques. Which school is better, MDI Gurgaon or IIM K, if I want to be an equity research analyst?

● Top Answer By Yash Gupta on 22 Feb 23

Ans. If you go to the official website and compare the placement reports, MDI Gurgaon fares better than IIM Kozhikode. Let’s have a look at the placement statistics of the 2 B Schools.   Particulars  MDI IIM Kozhikode  Number of Recruiters  87 116 Highest CTC INR 1.14 CPA INR 61.5 LPA Average CTC INR 26.65 LPA INR 29.5 LPA Top Recruiters  Microsoft, Google, HCL, Adobe Accenture, Amazon, Microsoft The best finance companies that offer roles like Equity Research Analyst roles, and Securities analysis visit both the B Schools. But the higher number of companies visiting MDI Gurgaon gives it a slight advantage over IIM Kozhikode. Yet I think both MDI Gurgaon and IIM-K are almost equal in terms of giving you the opportunity of getting an Equity Research Analyst role. If I was in your place I would have chosen MDI Gurgaon because of the following factors Location Infrastructure  The industry-academia relationship Live Projects Guest Lectures Corporate Talks Peer learningRead more
0
0
1 Answer
●●●

Ques. Which is better, a PGDM in banking and financial services at IMI, Delhi or a PGDM general in LBSIM, Delhi?

● Top Answer By Rajan Patel on 03 Mar 23

Ans. I can speak with certainty that PGDM at LBSIM is a far better option than PGDM in Financial services at IMI Delhi. My brother is a recent pass out from LBSIM and the following highlight of the institute are based on his personal experiences  The IIRF ranks LBSIM 25th among private colleges It has a spectacular ROI in terms of placements and fees LBSIM is famous for its student culture You can get an insight into various angles of the industry you will be dealing with in the future  You can avail an abundance of opportunities through live projects and get to have a detailed experience in your specialization. The institute prioritizes a practical approach over theoretical knowledge through academic activities outside the classroom Various academic and non-academic clubs make the environment a friendly one  The institute boasts of a 100% placement record It has an elaborate alumni network that is spread across top companies like Big Four’s, Arcesium, Marsh & Mclennan, Asian Paints, Crisil LBSIM collaborates with various international universities for its student exchange program. Some of them include Nanyang Technological University, Singapore, Northern Illinois University, USA, European Higher School of Economics and Management, Bulgaria etc. A unique feature of the B School is its Bloomberg Terminal which is restricted to the top B Schools like IIM B, IIM C, and FMS only. All these points clearly state that LBSIM is a very good choice for a PGDM program.Read more
0
0
1 Answer
●●●

Ques. Which one to choose between TAPMI PGDM and IMI Delhi PGDM (Banking & Finance)? Give reasons for the choice.

● Top Answer By Aditya Kwatra on 03 Mar 23

Ans. I am certain that if I had been in your place I would have opted for TAPMI PGDM over IMI Delhi PGDM. I even have a friend who recently joined this program and is very happy with her decision so I have more assurance in this regard. TAPMI is well recognized not only in India but abroad as well, especially in the Middle East. I know many colleagues from my last workplace who relocated to the Middle East and other foreign countries after graduating from TAPMI. The infrastructure and campus are very beautiful, unlike the NCR campus which is hot and congested. Delhi is suitable only if you are interested in Sales roles. Else for specialization in Finance and Banking TAPMI is the best choice one can make. Some companies that visited the campus during placements are Deloitte Bajaj CRISIL Fincare HDFC Bank Invesco I think TAPMI is the best option if you are looking for a sales role in a Finance company.Read more
0
0
1 Answer
●●●

Ques. Which is better LBSIM, Delhi PGDM (general) or IMI, Delhi PGDM (B&FS)?

● Top Answer By Amay Singh on 03 Mar 23

Ans. PGDM BFS is a viable option if you are keen about numbers and finance in general. PGDM core and PGDM BFS rarely has a major difference in curriculum except that marketing subjects of BFS would be less intriguing and the major pedagogy is directed towards marketing of finance products and services only. A PGDM core student is open to a plethora of opportunities during placements as he is eligible to appear for companies offering marketing and sales profiles. On the contrary, a PGDM BFS student has been exposed to a customized curriculum that focuses mainly on Finance and lacks a wide range of opportunities. However, he has a more definite chance of securing placement at a company offering Finance roles like Banks and other financial institutions. This advantage seems very minimal right now but with the increase in the relevance of the curriculum and demand of the course, it will soon be coveted among Finance aspirants. The BFS faculties are considered to be among the best given the excellent performance of BFS students in the recent years and the increasing popularity of the course. The companies visiting the campus for BFS are not only banks but include AMCs, NBFCs, FinTechs and other Fin Services firms. The course targets the entire Banking and Finance sector.  At the end of the day, what remains of your college life is not the specific course you chose but the college you chose to pursue it. Be it PGDM Core or PGDM BFS, IMI Delhi is the perfect college to experience a great college life.Read more
0
0
1 Answer
●●●

Comments



No Comments To Show

Master of Business Administration [MBA] (Banking) Colleges IN INDIA

View All
70 K first year fees
VIEW ALL COURSES & FEES
90 K first year fees
VIEW ALL COURSES & FEES
NIMS University
Jaipur, Rajasthan
3 L Total fees
VIEW ALL COURSES & FEES
1.22 L first year fees
VIEW ALL COURSES & FEES