Meaning- MBA in Banking and Finance, thus caters to these two essential aspects of our lives and aims to produce professionals with sound knowledge about banking and financial services.

Significance- Banking and Finance are two indispensable components of a business. Banks are institutions in-charge of individuals or organization's money. Banks discharge various set of functions such as holding the money of customers, investing the money, reimbursing interest on the deposited money, offering loans to people for personal or business use and so on.

They also provide a wide range of services such as giving advice related to investment and insurance, exchange of foreign currency and acting as trustees. Banks form an essential part of our lives. And therefore, there has always been and will be a demand for bank professionals.

Finance, on the other hand, is a process through which advice is provided to a company or a person for investing their money and getting high returns. Finance management is the backbone of any company whether it is a corporate, a big business house, or a financial institution.

Eligibility Criteria for MBA in Banking and Financial Services

The two-year course is open for graduates.

Candidates have to clear entrance exams such as CAT, XAT, GMAT and MAT.

The shortlisted candidates have to clear Group Discussion and Personal Interview Rounds.

Syllabus for MBA in Banking and Financial Services

The syllabus of Banking and Finance as prescribed by various Colleges and Universities:

Principles of Management and Organisational Behaviour

Managerial Economics

Marketing Management

Accounting and Finance for Managers

Banking and Insurance Marketing

Merchant Banking

Mutual Fund Management

Commercial Banking and Role of RBI

Corporate Communication

Banking and Insurance Marketing

Management Control Systems

Business Environment and Ethics

Career Choices for MBA in Banking and Financial Services

An MBA in Banking and Finance can open up the following roles for the aspirants:

Business Analyst

Finance Manager

Corporate Analyst

Investment Banker

Risk Analyst

Senior Accountant

Operations Manager

Money Manager

Securities Analyst

Marketing Manager

Personal Finance Consultant

Scope in MBA in Banking and Financial Services

Banking and Finance have always been domains for which demand has never receded. They are, in fact, the most relevant job profiles, in times of recession or without. Jobs can be found in Financial Institutions, Banks, Financial Consultancies, various government and private companies. The salary can depend upon the working experience, qualification, recruiters, location of the organisation and so on.