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Mayank Mishra

Updated on 30th May, 2023 , 6 min read

MBA in Banking and Finance Management


MBA in Banking & Finance: A fully developed BFSI (Banking, Financial Services, and Insurance) sector is a must for an economy to progress. As a result, the MBA in Banking & Finance management program is critical. Banking Operations, Financial Accounting, Services Marketing, Legal Aspects of Banking, Investment Banking, Business Communication, Taxation, and other major subjects are covered in the MBA in Banking and Finance curriculum. As the infusion of technology and expansion of services is resulting in a surge in demand for professionals with requisite qualifications, the MBA in Banking & Finance management programme is aimed to produce smart finance professionals as per the industry's demand. Now, let's understand the depth of the sector and more about the MBA in Banking & Finance management programmme.

What is MBA in Banking & Finance Management?

Banking and Finance takes a look at the fast-paced world of money, stocks, credit, and investments. Finance is an important component of our economy because it provides the liquidity (money or assets) that individuals and businesses require to invest for the future. An MBA in Banking, Finance, and Insurance combines the study of modern economics with banking and finance. Students who specialise in it are introduced to a broad range of economic subjects, including banking, financial intermediation, asset and liability management, financial decision-making, financial markets and institutions, and accounting.

The MBAs in BFSI usually work according to the product requirement of individuals or groups of people and help them with financial solutions.

Know More About- MBA Specializations 

MBA in Aviation

MBA In Digital Marketing

MBA In Biotechnology

MBA in Business Analytics

MBA In Business Management

MBA In Data Science

MBA In Entrepreneurship

MBA In Event Management

MBA In Hospital Management


MBA In International Business


MBA In Operations Management

MBA In Project Management

MBA In Supply Chain Management



MBA in Banking & Finance Management: Eligibility Criteria

The MBA banking and finance admission process depends on its eligibility criteria, which vary from one university to another based on student intake, reputation, and ranking. The MBA in Banking admission process is done through a merit list or through a management quota.

  1. Top institutions only admit students through a qualifying quota that calculates cut-off scores using entrance exam scores and undergraduate percentages. Under the management quota, students have to pay a certain amount as the capitation fee for admission.
  2. To be eligible to pursue this course, candidates must have a BBA/ Bachelor's degree in Banking or an equivalent degree from any recognized university.
  3. Apart from this, candidates should get an average of 55% marks or 6 GPA point scale in the bachelor's degree. The percentage may vary from one college to another.
  4. Candidate must be the age of 21 years at the time of applying for the examination.
  5. Many MBA colleges and entrance exams offer a 5% graduation relaxation for SC/ST/PwD/OBC categories.

MBA in Banking & Finance Management: Skills Required

Candidates with mathematical aptitude, diplomacy, clear analysis and knowledge of logical mind and banking system are suitable for this Banking & Finance Management course.

Candidates who are capable of solving accounting problems are also suitable for this course.

Candidates with leadership qualities, interpersonal skills, communication skills, the ability to use computers and related technology, and the capacity to motivate team members are also suitable for this course.

Candidates also need time management skills to deal with business deadlines.

MBA in Banking & Finance Management: Subjects List

The MBA in Banking & Finance Management syllabus includes both theoretical and practical subjects. This post-graduation degree course helps the students to enhance their banking and finance skills.

Listed below are some important theoretical MBA in Banking and Finance subjects:

  1. Commercial Banking
  2. Roles of RBI
  3. Principles of Management
  4. Organizational Behaviour
  5. Merchant Banking
  6. Management Control
  7. Mutual Fund Management
  8. Human Resource Management
  9. Strategic Management
  10. Operations Management

The annual weekly syllabus for MBA Banking and Finance is given below. The syllabus may vary from one college to another.

Year I

Year II

Corporate Communication

Business Environment and Ethics

Managerial Economics

Management Control Systems

Accounting and Finance for Managers

Banking and Insurance Marketing

Quantitative Techniques for Management

Mutual Fund Management

Human Resource Management

Commercial Banking and Role of RBI

Operations Management

Strategic Management

Research Methods for Management

Merchant Banking

Marketing Management

Management of Banking and Insurance Companies

Principles of Management and Organizational Behavior

Financial Institutions and Services

Popular Colleges in India offering MBA

UPES Dehradun

LPU Jalandhar

SRM University Chennai

GD Goenka University, Gurgaon

Chandigarh University

BML Munjal University, Gurgaon

Manipal University (MAHE)

Jaipuria Institute of Management, Noida

IPE Hyderabad

IFIM Business School

MBA in Banking & Finance Management Admission

Admissions to this course are based on personal interviews based on merit lists or entrance exams. Most colleges conduct counseling and select students based on their bachelor's degree or merit list prepared by the university.

Popular Entrance Examinations for MBA in Banking & Finance Management






Candidates who have passed the entrance examination conducted by the College are required to appear for a personal interview. Some colleges admit students directly to this course.

Top MBA in Banking & Finance Management Colleges in India

Listed below are the best MBA in Banking and Finance Colleges in India according to NIRF ranking;

Top Colleges in Banking & Finance

NIRF Ranking

IIM Bangalore


IIM Calcutta


IIM Kozhikode


Xavier School of Management Jamshedpur


MDI Gurugram




XIMB Bhubaneswar


KJ Somaiya SIMSR


MBA in Banking & Finance Management Fees

MBA tuition fees in banking and finance programs may vary from college to college. There are different scholarship programs for students who want to pursue this course. General course fees range from Rs 80,000 to Rs 24,00,000.


Fee Structure

Xavier Institute of Management (XIMB)

Rs 12.55 Lakhs


Rs 13.8 Lakhs

IIM Lucknow

Rs 19 Lakhs

IIM Calcutta

Rs 23 Lakhs

IIM Bangalore

Rs 23 Lakhs

Alliance School of Business, Bangalore

Rs 13.50 Lakhs


Rs 3.50 Lakhs per year

Chitkara University

Rs 2.63 Lakhs per year

Alliance University

Rs 7 Lakhs per year

Sharda University

Rs 2.60 Lakhs per year

Symbiosis School of Banking and Finance

Rs 6.40 Lakhs per year

Ganpat University

Rs 85,000 per year

Career Options of MBA in Banking & Finance Management

Finance and banking is an industry with many opportunities and growth. Studying MBA in Banking and Finance in India opens up various career opportunities in the banking and corporate sectors. In addition to job security, banks also offer lucrative salary packages to graduates. In addition to job security, banks also offer lucrative salary packages to graduates.

The experience they have gained working in the banking sector opens up many other job opportunities. Chartered Accountants have a lot of job opportunities in India and abroad. These professionals can also seek employment in various sectors such as in government and private sectors, budget planning, market research, consultancies, public accounting firms, and corporations.

They can work as part-time employees in this field. These professionals can also choose teaching jobs at universities and colleges. Upon completion of the course, graduates may initially enroll as a trainee or accountant. Some common positions where graduates work are:

Investment Banker

Corporate Analyst

Executive Assistant

Marketing Analyst

Accounts Manager


Business Analyst

Finance Manager

Equity Research Analyst

Marketing Manager

Further Study: Candidates who want to pursue a Ph.D. in Banking and Finance can go for further courses. After completing this course, graduates can pursue higher positions and pursue higher careers.

Expected Salary after MBA in Banking & Finance Management

The average salary depends on many factors such as the policies of the companies, the expertise of the person interested in the job, the knowledge about the field and so on. The average salary for an MBA job in banking and finance ranges from Rs 3 lakh to Rs 7 lakh.

Job Position

Average Annual Salary in Rs

Financial Manager

Rs 9 to 10 Lakhs

Accounts Assistant

Rs 1 to 3 Lakhs

Investment Assistant

Rs 5 to 6 Lakhs

Market Analyst

Rs 5 to 6 Lakhs

Business Analyst

Rs 5 to 6 Lakhs

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