MBA in Banking and Finance: Syllabus, Subjects, Course Details, Scope & Career Options

An MBA in Banking and Finance is one of the most popular MBA specialisations among graduates. It is a specialisation that opens doors in banking, taxation, and financial institutions, both in the private and government sectors. This blog covers all the MBA in Banking and Finance course details, including the MBA Banking and Finance syllabus, eligibility, subjects, career scope, and entrance exams.

MBA Banking and Finance Key Highlights

What is an MBA in Banking and Finance?

An MBA in Banking and Finance is a two-year postgraduate specialisation that focuses on equipping students with the knowledge that is required for banking careers. The course mostly deals with banking operations, financial management, risk analysis, corporate finance and investment strategies. Graduates choose the programme for the diverse career options and high earning potential it offers in both private and government sectors.

MBA Banking and Finance Eligibility Criteria

Below is the general eligibility criteria for the MBA Finance course:

Qualifying Degree

Candidates must have a bachelor's degree in any discipline (arts, commerce, science, engineering) from a recognised university with a minimum of 50% marks. 45% for reserved category students.

Entrance Exam

Candidates must qualify for any one of the national or state-level entrance exams with a valid score, like CAT, XAT, MAT, CMAT, SNAP, or GMAT. Some top institutes conduct institutional-level exams or additional selection rounds, like group discussions and personal interviews, for selecting candidates.

Other Requirements

While work experience is not mandatory for most full-time MBA Finance programmes, 2-5 years may be required in the case of Executive MBA and some top-tier colleges.

MBA in Banking and Finance Course Details

An MBA in Banking and Finance course is usually offered as a two-year full-time postgraduate programme, divided into four semesters. Some institutions also provide one-year executive MBA programmes, as well as online, distance and part-time options. The core subjects offered in the Banking and Finance course are operations management, managerial economics, organisational behaviour, and marketing management. Most institutions have mandatory internships in their curriculum, ensuring students get exposure to work in commercial banks, investment banks, financial consultancies, fintech firms, or insurance companies.

MBA Finance Syllabus and Subjects

Below is the list of MBA Banking and Finance subjects and semester-wise syllabus.

Core MBA Banking and Finance Subjects

1. Human Resource Management
2. Operations Management
3. Managerial Economics
4. Principles of Management
5. Organisational Behaviour
6. Banking and Insurance

Semester-Wise MBA Banking and Finance Syllabus

Below is the general semester-wise MBA in Finance and Banking syllabus offered by most colleges:

MBA Banking and Finance Course Electives

Some common Banking and Finance course electives include;

1. Investment Banking
2. Risk Management
3. Digital Finance and Analytics
4. Corporate Finance
5. International Finance
6. Fintech
7. Financial Derivatives
8. Commercial Banking
9. Retail Banking
10. Wealth Management

Additional Components in MBA Banking and Finance Course

Many institutions offer additional components apart from regular coursework to enhance the career growth of students, which include;

1. Mandatory industry internships and projects
2. Case studies and simulations
3. Research and dissertation
4. Workshops and seminars
5. Guest lectures and industry interactions
6. Certifications and value-added courses such as CFA, financial analytics or blockchain.
7. Networking opportunities with alumni and industry professionals

Entrance Exams for MBA

Some of the common, widely accepted MBA entrance exams include:

National-level Exams

1. CAT (Common Admission Test)
2. MAT (Management Aptitude Test)
3. XAT (Xavier Aptitude Test)
4. SNAP (Symbiosis National Aptitude Test)
5. NMAT (Narsee Monjee Aptitude Test)
6. CMAT (Common Management Admission Test)

Global Exams

1. GMAT (Graduate Management Admission Test)
2. GRE (Graduate Record Examinations)

Institution-specific Exams

1. IBSAT (ICFAI Business School Aptitude Test)
2. JET (JAIN Entrance Test)

MBA in Banking and Finance Course Outcomes

An MBA in Banking and Finance course equips graduates with advanced financial and business knowledge needed to navigate the competitive business landscape. Graduates develop core financial skills like financial analysis, risk management, and investment strategies, alongside essential leadership and soft skills needed in real-world businesses. An MBA in finance makes graduates eligible for several managerial and leadership roles in the financial services industry, like financial manager, investment banker, and accounting manager.

MBA Banking and Finance Scope in India

The scope of MBA in Banking and Finance in India is vast, owing to the increasing digitisation. Graduates of MBA finance are equipped to take up leadership roles in banking, fintech, insurance, and corporate finance. There's a demand for skilled professionals in areas like risk management, compliance, and corporate banking, leading to high-paying job opportunities for graduates. Hence, it can be said that there is scope of MBA in Banking and Finance and a career in MBA banking and finance is a rewarding one.

Career Options After an MBA in Banking and Finance

The career options after an MBA in banking and finance are diverse, with opportunities across various sectors. The career paths also offer earning potential along with growth prospects. Some of the common job roles include;

1. Investment Banker: A financial professional who advises corporations, governments, and other large institutions on complex financial transactions and strategies.
2. Financial Analyst: Evaluates financial data, market trends, and investment opportunities to provide recommendations for clients.
3. Risk Manager/Analyst: A financial professional who assesses and mitigates potential financial risks for organisations.
4. Portfolio Manager: Manages investment portfolios for clients to maximise returns while managing risk.
5. Corporate Finance Manager: One who oversees a company's financial activities, including capital budgeting, structuring finances, and optimising working capital.
6. Credit Analyst: Evaluates the creditworthiness of clients and determines loan or credit risk.
7. Compliance Officer: Ensures the organisation adheres to all legal and regulatory standards in the financial sector
8. Retail banker: Provides financial services like opening accounts, managing loans, and offering financial advice to individual customers.

MBA in Banking and Finance Salary in India

The average MBA in banking and finance salary for graduates in India varies depending on the role, organisation and level of experience. Entry-level professionals can expect to earn between ₹7 to 12 lakhs per annum, while candidates with 3 to 5 years of experience can earn around ₹12 to 20 lakhs per annum. Senior-level professionals in leadership can earn up to ₹30 lakhs per annum or higher.

Conclusion

In conclusion, an MBA in Banking and Finance is an excellent career path for graduates interested in the finance sector. The knowledge and skills acquired through this programme make it a great choice for those willing to advance their careers in the banking and financial services. Graduates with an MBA in Banking and Finance are eligible for diverse career opportunities in the evolving business landscape. making it a valuable investment for long-term professional growth.

Reach out to us to start your MBA in Banking and Finance journey: https://www.jainuniversity.ac.in/enquiry

FAQs

Q1. What is an MBA in Banking & Finance?

A1. An MBA in Banking and Finance is a two-year postgraduate specialisation that focuses on equipping students with the knowledge that is required for banking careers. The course mostly deals with banking operations, financial management, risk analysis, corporate finance and investment strategies.

Q2. What is the scope of an MBA in Finance and Banking?

A2. An MBA in Banking and Finance offers a wide scope for graduates in India. Graduates of MBA finance are prepared to take up leadership roles in banking, fintech, insurance, and corporate finance. With the rise of digitalisation, there's a huge demand for skilled finance professionals in the future.

Q3. What is the salary of an MBA in Banking & Finance?

A3. The average salary for an entry-level MBA Banking and Finance graduate is around ₹7 to 12 lakhs per annum, while candidates with 3 to 5 years of experience can earn around ₹12 to 20 lakhs per annum.

Q4. Who can do an MBA in Banking and Finance?

A4. Any candidate with a strong interest in banking and finance careers can pursue an MBA in Banking and Finance.

Q5. What are the job options after an MBA in Banking and Finance course?

A5. Job options after the MBA Banking and Finance course include: Investment Banker, Financial Analyst, Risk Manager, Portfolio Manager, Corporate Finance Manager, Retail banker, and Credit Analyst.

Q6. Is it worth doing an MBA in banking and finance?

A6. Yes, an MBA in Banking and Finance is worth it, as it can lead to higher salaries and lucrative career opportunities. The degree can be a strong stepping stone for roles in investment banking, corporate finance, risk management, and more