MBA Banking and Finance

Master of Business Administration in Banking and Finance

MBA Banking and Finance or Master of Business Administration in Banking and Finance is a Post-Graduate Banking course. Master of Business Administration is one the most sought-after courses that can be attained by students of any stream. Banking is engaged in the business of keeping money for savings and checking accounts or for exchange or for issuing loans and credit, etc. Second, Finance includes saving money and often includes lending money.

The field of finance deals with the concepts of time, money, and risk, and how they are interrelated. The Master of Business Administration degree program in Banking and Finance also deals with how money is spent and budgeted. The duration of a Master of Business Administration in Banking and Finance is normally a two years program with two or more semesters but time duration may differ from institute to institute and maybe on a part-time basis by certain institutes.

MBA Banking and Finance Eligibility

• Admission to any of the IIM (Indian Institutes of Management) schools requires passing Common Admission Test (CAT) along with a graduate degree from a recognized college and university, however, other business schools require passing either CAT, XAT, GMAT, JMET, or MAT each of which qualifies candidates for entrance into any management institutions in India.
• Apart from these entrance tests, there are few business schools that conduct aptitude tests individually which qualifies candidates for that business school.  The short-listed candidates of the IIMs and some other leading management institutes are expected to write essays.
• Group discussions and personal interviews are also conducted generally to determine the personality traits and communication skills of the candidates. For many management colleges in India, Admission: Many B-schools offer admission to a candidate based on the cumulative scores of the Entrance Exam, GD/PIs, and sometimes work experience.

MBA Banking and Finance Syllabus

Syllabus of Banking and Finance course as prescribed by various Universities and Colleges.

MBA Banking and Finance Colleges

• Indira Gandhi National Open University - IGNOU, Delhi
• Imperial College of Professional Studies, Indore

MBA Banking and Finance Course Suitability

• Those who are willing to go for teaching fields at a higher degree level i.e., college and university level both in private and government institutions are a good match for it.
• They should have basic knowledge of the industry, good communication skills both written and verbal, interpersonal skills, leadership qualities, the capacity to motivate team members, the ability to deal with customers, ability to use computers and related technology.
• One should also possess a mathematical aptitude, a clear logical and analytical mind, diplomacy, sincerity, and sound knowledge of the banking system with up-to-date knowledge of recent developments.
• Applicants should also have accounting skills such as the ability to analyze accounting numbers critically.

How is the MBA Banking and Finance Course Beneficial?

• One can go for higher degree programs in respective subjects such as a Ph.D. degree for research work.
• The candidates can seek jobs at many places such as RBI, regional reserve banks, the State Bank of India and its associate banks, nationalized banks, and private banks.
• Those who have pleasing personalities can find jobs as direct marketing executives, personal banking executives, and home banking executives.
• Candidates also have the option of higher degree programs for further research work.

MBA Banking and Finance Employment Areas

• BPOs
• Banking Sector
• Educational Institutes
• Finance Dept. (Industry)
• Stock Exchanges

MBA Banking and Finance Job Types

• Accounts Assistant / Senior Accountant
• Business Analyst
• Cashier / Teller
• Corporate Analyst
• Executive Assistant
• Equity Research Analyst
• Finance Manager / Financial Analyst
• Investment Banker / Investments Analyst
• Money Manager
• Market Analyst / Marketing Manager
• Operations Manager
• Personal Finance Consultant
• Risk Analyst / Securities Analyst
• Teacher & Academician