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

Q: Which MBA is most in demand?

The most in-demand MBA specializations are -General ManagementInternational ManagementEntrepreneurshipOperations ManagementMarketingConsulting, etc.

Q: Which college is best for banking?

Some of the best colleges offering banking courses are -Dr DY Patil University, Navi MumbaiIPE Hyderabad - Institute of Public EnterpriseGoa Institute of Management, GoaHITS Chennai - Hindustan Institute of Technology and ScienceBK School of Business Management, Gujarat University, Ahmedabad, etc.

Sounak Banerjee

Associate Content Manager

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 Also: MBA 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:

Top MBA Banking Colleges in Karnataka	Top MBA Banking Colleges in Andhra Pradesh	Top MBA Banking Colleges in Tamil Nadu
Top MBA Banking Colleges in Uttar Pradesh	Top MBA Banking Colleges in Chhattisgarh	Top MBA Banking Colleges in Telangana

Table of Content

MBA Banking Course Highlights
MBA Banking Admission Process

2.1 Eligibility

2.2 Entrance Exams

2.3 How to clear entrance exams?

2.4 How to get admission in a good college?

MBA Banking syllabus
Top Colleges

4.1 College Comparisons

Why Study MBA Banking?
MBA Banking vs MBA Finance
MBA Banking Scope
MBA Banking Jobs
MBA Banking: FAQs

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 Finance	MBA Marketing	MBA in Hospitality Management
MBA in Business Analytics	MBA Digital Marketing	MBA in International Business

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 Colleges in Delhi NCR	MBA Colleges in Mumbai	MBA Colleges in Kolkata
MBA Colleges in Bangalore	MBA Colleges in Pune	MBA Colleges in Kanpur

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 Admission Process	MBA Eligibility

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:

CAT Mock Test	MAT Sample Papers	XAT Practice Papers
GMAT Practice Papers	CMAT Practice Papers	SNAP Practice Papers

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:

MBA GD Topics	IIM Certificate Courses
What After MBA?	MBA Vs PGDM

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 GD-PI Preparation	MBA Admission Through MAT	MBA Admission Through CAT

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 Placements	MBA Summer Internship	MBA Jobs

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 -