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The areas of banking and finance are rapidly turning out to be the wheels of the modern globalised world, with applications in traditional areas of engineering, life sciences, to fields like sustainability, migration and behavioural sciences, etc. In this respect, degree programs like MBA in Banking and Finance, MBA in Banking, MBA in Global Finance, etc, are especially instrumental in making the next-gen of professionals with the latest knowledge of markets, their mechanics, the flow of money and much more. Further, MBA courses tilt towards management studies, which help individuals in entering top-level Investment Banking jobs as well. This blog focuses on the MBA in Banking and Finance degree and elucidates the relevant details from an aspirant’s point of view.
| Degree | Masters |
| Full Form | Master of Business Administration in Banking and Finance |
| Duration | 2 Years |
| Age | No Specific Age Limit |
| Subjects Required | Any discipline |
| Minimum Percentage | 50% in Graduation |
| Average Fees | INR 80,000 – 24 Lakhs |
| Average Salary | INR 3 – 7 Lakhs [Source: Payscale] |
| Employment Roles | Financial Analyst, Finance Officer, Finance Associate, Finance Senior Analyst, Chartered Financial Analyst, Banking Business Analyst, Bank Manager |
This Blog Includes:
MBA in Banking and Finance
Somewhat similar to other banking courses on offer around the world, students of the MBA in Banking and Finance program undergo intensive multidimensional grooming starting from the fundamentals of management sciences and accounting to current banking regulations, innovative financial instruments and other emerging issues of the economy. Broadly, the subjects are offered in three categories: core, specialisations, and electives, with specialisations allowing students to mould the degree according to their interests. Common topics of specialisation include business analytics, corporate financing & investment banking, security analysis, international banking law, risk management, etc. Graduates also supplement their degrees with progress or certifications such as CFA, FRM, CFP, etc, so as to set up a bright career in finance or a career in banking.
Skills Required
Given below are the skills required to pursue an MBA in Banking and Finance. Check them out:
- Candidates for this Banking & Finance Management course should have an aptitude for mathematics, diplomacy, clear analysis, and knowledge of the banking system.
- Candidates who possess problem-solving skills in accounting are also qualified for this course.
- Candidates for this course should also possess leadership qualities, interpersonal and communication skills, computer and technology proficiency, and the ability to inspire team members.
- In order to meet deadlines for work, candidates also need strong time management abilities.
Also Read: MBA in Financial Management
Eligibility Criteria
The eligibility criteria to secure admission to an MBA in Banking and Finance vary as per the universities. Check a few of them below:
- Candidates must hold a BBA/degree Bachelor’s in banking from an accredited university or an equivalent degree to be eligible to enrol in this course.
- In addition, candidates should earn a bachelor’s degree with an average of 55% of the possible points on a 6-point scale or higher. From one college to the next, the percentage might be different.
- The applicant must be at least 21 years old when submitting an application for the test.
- For SC/ST/PwD/OBC categories, many MBA colleges and entrance exams offer a 5% graduation relaxation.
Admission Process
The eligibility requirements for the MBA banking and finance admission process vary from university to university based on student intake, reputation, and ranking. The management quota system or a merit list are used for the MBA in the Banking admissions process. Here are the steps for admission to this course:
Eligibility Check
- A bachelor’s degree in any stream (commerce, management, economics preferred).
- Minimum 50–60% marks in graduation (varies by university).
- Some universities require work experience, but many accept fresh graduates.
2. Entrance Exams
- Most top universities ask for scores from exams like CAT, XAT, GMAT, GRE, MAT, or CMAT.
- For international admissions, GMAT/GRE + IELTS/TOEFL may be required.
3. Application Submission
- Apply through the university’s online portal.
- Upload documents: transcripts, resume, SOP (Statement of Purpose), LORs (Letters of Recommendation).
- Pay the application fee.
4. Shortlisting
- Universities shortlist candidates based on entrance exam scores, academic records, and application quality.
5. Group Discussion (GD) / Written Test
- Some institutions conduct group discussions, case studies, or written tests to evaluate analytical thinking.
6. Personal Interview (PI)
- Face-to-face or online interviews to test communication skills, motivation, and subject interest.
7. Final Admission Offer
- Selected students receive an admission letter.
- You confirm admission by paying the initial fee.
Top Entrance Exams
The following are the principal entrance exams held by reputable colleges and universities:
| Exam Name | Eligibility | Registration Dates | Exam Dates |
| CAT (Common Admission Test) | Graduation with a minimum of 50% aggregate | Deadline: September 13, 2025 | Likely: November 23, 2025 |
| NMAT (by GMAC) | Graduation with a minimum of 50% aggregate | August 1, 2025 – October 10, 2025 | November 5 – December 19, 2025 |
| XAT (Xavier Aptitude Test) | Graduation with a minimum 50% aggregate | Deadline: December 5, 2025 | Expected: January 4, 2026 |
| SNAP (Symbiosis National Aptitude Test) | Graduation with a minimum of 50% aggregate | Multiple dates in December 2025 | December 7, 13, and 21, 2025 |
| CMAT (Common Management Admission Test) | Graduation with a minimum 50% aggregate | To be announced | Around April 23, 2025 |
MBA in Banking and Finance Subjects
In addition to the MBA in Baking and Finance offered at the postgraduate level, there are several upcoming options at many levels that one can benefit from. You can also read our blog on a list of Banking courses if you want to pursue a career in this field.
- MBA in Finance
- MBA in Banking
- MBA in Foreign Trade
- BBA – Bachelor of Business Administration
- BMS Course – Bachelor of Management Studies
- BBA MBA Integrated Course
- BBA in Business Finance
- Diploma in Banking and Finance
Syllabus of MBA in Banking and Finance
Below is a year-by-year syllabus for the MBA Banking and Finance programme. Different colleges may have different course offerings.
| YEAR I | YEAR II |
|---|---|
| Principles of Management and Organisational Behaviour | Financial Institutions and Services |
| Managerial Economics | Management Control Systems |
| Accounting and Finance for Managers | Banking and Insurance Marketing |
| Marketing Management | Management of Banking and Insurance Companies |
| Human Resource Management | Commercial Banking and the Role of RBI |
| Quantitative Techniques for Management | Mutual Fund Management |
| Research Methods for Management | Merchant Banking |
| Corporate Communication | Business Environment and Ethics |
| Operations Management | Strategic Management |
Top Colleges in India for MBA in Banking and Finance
There are many top colleges in India which offer an MBA in Banking and Finance to students. Here are the top colleges and universities in India offering an MBA in Banking and Finance:
| College | Fee Structure |
| Xavier Institute of Management (XIMB) | INR12.55 Lakhs |
| SIBM Pune | INR 13.8 Lakhs |
| IIM Lucknow | INR 19 Lakhs |
| IIM Calcutta | INR 23 Lakhs |
| IIM Bangalore | INR 23 Lakhs |
| Alliance School of Business, Bangalore | INR 13.50 Lakhs |
| MIT-WPU Pune | INR 3.50 Lakhs per year |
| Chitkara University | INR 2.63 Lakhs per year |
| Sharda University | INR 2.60 Lakhs per year |
| Symbiosis School of Banking and Finance | INR 6.40 Lakhs per year |
Also Read: MCom in Banking and Finance
Universities Abroad for MBA in Banking and Finance
To make the job easier for you, we have curated a list of MBA colleges offering an MBA in Banking and Finance as well as allied courses in the discipline of global banking, money and so forth. As common eligibility criteria, a considerable number of universities may also require applicants to possess a few years of industry experience in entry to mid-level roles in order to delve straight into more advanced topics, as well as to develop a more practical outlook. Here we have mentioned the universities abroad for MBA in Banking and Finance:
| Name of University | QS World Rankings 2025 | Course |
| University of Toronto, Canada | #25 | MBA Investment banking (Major) |
| University of Wisconsin-Madison, USA | #116 | MBA Business: Finance, Investment & Banking |
| Monash University, Australia | #37 | Master of Banking & Finance |
| University of Glasgow, UK | #79 | 1. MSc Economics, Banking & Finance 2. MSc Investment Banking & Finance |
| Queen Mary University of London, UK | #120 | 1. MSc Banking & Finance 2. MSc Investment Banking |
| University of Birmingham, UK | #80 | 1. MBA Global Banking & Finance 2. MSc International Money & Banking 3. MSc Money Banking & Finance [Integrated Pre-Masters] |
| University of Sussex, UK | #246 | MSc Banking & Finance |
| EU Business School, Spain | #151-200 | MBA Global Banking & Finance |
Jobs and Salary after an MBA in Banking and Finance
By completing an MBA in Banking and Finance, you can explore a wide range of opportunities across the public and private sectors. MBA graduates in Finance and Banking can explore jobs in investment, finance, banking, marketing and managerial profiles. Here are the most popular jobs after an MBA in Banking and Finance:
| Profession | US | UK | Canada | India | |
| Business Analyst | USD 82K | GBP 44K | CAD 67K | 7 LPA | |
| Financial Manager | USD 214K | GBP 44K | CAD 79K | 4 LPA | |
| Equity Research Analyst | USD 137K | GBP 67K | CAD 69K | 7.25 LPA | |
| Investment Banker | USD 80K | GBP 60K | CAD 70K | 13 LPA | |
| Marketing Analyst | USD 59K | GBP 37K | CAD 51K | 4.49 LPA | |
| Research Analyst | USD 58K | GBP 34K | CAD 52K | 3.94 LPA |
Future Scope
An industry with many growth opportunities in finance and banking. Numerous career opportunities in the banking and corporate sectors are made available by pursuing an MBA in Banking and Finance in India. Banks provide graduates with lucrative salary packages in addition to job security. Banks provide graduates with lucrative salary packages in addition to job security.
Numerous other job opportunities are made possible by the experience they have gained working in the banking industry. There are numerous job opportunities for chartered accountants both in India and abroad. These experts can also look for work in a variety of industries, including the public and private sectors, consultancies, public accounting firms, corporations, budget planning, and market research.
FAQs
A two-year postgraduate programme called the MBA (Banking & Finance) is comprehensive and all-encompassing in nature and designed to meet the needs of the sector. A paradigm shift in the Indian financial sector necessitates the hiring of qualified professionals.
If one is interested in working for a bank, the MBA Finance and MBA Marketing or PGDM is highly recommended.
The average annual salary for MBA Finance freshers in India is 2.4 Lakhs, with salaries ranging from 0.2 Lakhs to 22.0 Lakhs. Salary projections are based on 289 fresh MBA Finance graduates most recent salaries.
An MBA in Finance typically takes 2 years full-time. Some universities also offer 1-year fast-track programs or online part-time MBAs, which are flexible for working students.
Yes, you can. Even if you’re from engineering, arts, or science, you can pursue MBA in Finance. Basic financial concepts are taught during the course to help you adapt.
Related Reads:
If you wish to pursue an MBA in Banking and Finance course or other allied courses but feel daunted by the application process, don’t fret. Take assistance from the study abroad consultants at Leverage Edu, who will not only help in completing the admission-related formalities but will also help you write an impeccable statement of purpose to study abroad.
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Want to enquire more about MBA in banking and finance program for 12 months along with the fee structure please?
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Hi Zainab,
To know more about MBA in Banking and Finance programs with fee structure, eligibility, top universities abroad, connect to our experts at 1800-572-000 and get complete guidance!
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Want to enquire more about MBA in banking and finance program for 12 months along with the fee structure please?
Hi Zainab,
To know more about MBA in Banking and Finance programs with fee structure, eligibility, top universities abroad, connect to our experts at 1800-572-000 and get complete guidance!