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How MBA in Banking & Finance can help in your Banking Career

July 23, 2018

How MBA in Banking & Finance can help in your Banking Career

There are various types of specializations in an MBA program which help in different types of industries. You can opt for MBA in Banking & Finance if you are interested in working in the private sector or government sector banks. You can also get ample opportunities in NBFCs, stock exchanges, and finance departments in the corporates.

About MBA in Banking and Finance 

Students of Banking and Finance are introduced to a variety of topics in the modern economics including financial intermediation, banking, accounting, financial markets and institutions, asset and liability management, etc. 

The following are some of the best institutes for MBA in banking and finance along with their annual fee:

●       Bharath Post Graduate College, Chennai (INR 28,400)
●       Datta Meghe Institute of Management Studies, Nagpur (INR 1,25,000)
●       Institute of Management and Technical Studies, Noida (INR 20,000)
●       Symbiosis School of Banking and Finance, Pune (INR 1,30,000)
●       Imperial College of Professional Studies, Indore (INR 25,000)

With an MBA in Banking and Finance, you can look forward to some of best jobs in the industry such as:

Finance Manager (Avg. Salary- Rs. 10 lakhs)
Finance managers analyze financial accounts, reports, and provide financial projections for a bank or company. They also devise strategies to increase profitability and advise on viable acquisitions and expansions.

Market Analyst (Avg. Salary- Rs. 5.5 lakhs)
Market analysts work to improve workplace efficiency and keep an eye on the company’s budget and ledgers with regard to performance goals. They also ensure that the business activities don’t breach the governmental laws.

Credit Manager (Avg. Salary- Rs. 6 lakhs)
The credit manager is the head of the credit department in banks as well as in private firms, who makes important decisions on credit limits and risk assessment when granting loans to the customers. He often works along with collections and accounts receivable department. 

An MBA degree in banking and finance also allows you to approach upper management positions such as deputy manager, regional manager, etc. 

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