MBA Banking Management
MBA in Banking Management is a two-year professional program for training aspirants to up skill their conceptual knowledge in the fundamentals of administration as well as specialization in banking management. The curriculum includes corporate management, economics, accounting, business management, marketing, human resource, production, business communication, statistics, banking, and finance management among others.
The MBA in banking management is specially designed to develop the banking and financial skills of the aspirants to handle different divisions in the banking and financial sector. It offers extensive details about the nitty-gritty of the banking sector including investment firms.
The banking sector deals with accepting deposits from the general public and giving loans to the general public in order to effectively circulate monetary resources available in the economy. Here are presented some of the preliminary functions of the banking sector to be imparted through MBA in Banking management.
Accepting Deposits: Bank has the main role of accepting deposits from the public and in return paying them the rate of interest for depositing money with the entity. MBA in Banking and Finance Management helps in creating a strong customer base and retaining existing customers through quality customer services.
Giving loans: this is one of the most significant attributes of the banking sector as huge income is generated from this source. The role of a bank is to distribute loans to the needy sectors of the economy and in return earn from rates of interest on such loans.
Economic development: banks have the main objective to contribute to the economic development of the nation. For this, they are directed to extend loan services at highly concessional rates to the priority sectors of the economy for the betterment of society. MBA Course in Banking management helps in setting up appropriate rates and maintaining higher profitability in the banking sector.
Profit maximization: after executing the roles of commercial banking as well as social banking, banks have to accomplish profit targets. MBA in Banking Management helps in chalking out strategies to balance the different aspects of banking solutions and helps create no negative impact on the profitability of the banking operations.
Eligibility Criteria
Candidate must have completed Bachelor Degree of minimum 3 years duration with 50% marks from any recognised university/institute. 45% marks in case of candidates belonging to reserved category.
MBA in Banking Management is gaining prominence among students
MBA in Banking Management is gaining prominence among students because:
• Job security: The banking sector is one of the most preferred sectors as it offers job security. Its specialization comes with its own set of advantages and helps to take the career trajectory toward growth and development.
• Attractive salary package: The banking sector is well-known for providing lucrative salary packages and has a high scope for career advancement.
• Career prospects: the banking sector is brimming with spectacular career prospects as it offers lucrative pay packages along with potential prospects for growth.
• To integrate the principles of banking with the conceptual knowledge of business operations.
• To develop the knowledge base of students to analyse as well as understand the dynamic mechanisms of banking management nationally and internationally.
• To understand the functioning of different banking institutions and their active and prominent role in promoting the economy of the nation.
• To progress in understanding the fundamentals of management accounting and cost accounting and making strategic decisions of the banking institutions.
Curriculum of MBA Banking Management
• Semester 1
Modern Business Organization and Management
Global Business Environment & Economics
Accounting & Financial Management
HR & OB
Business & Corporate Law
• Semester 2
Business Research Methodology
Modern Marketing Management
Information Technology for Business
Production Operations & SCM
Business Communication Skills
• Semester 3
Business Policies & Strategic Management
Entrepreneurship & Innovation Management
Basics of Banking
Bank Lending
Issues in Bank Management
• Semester 4
Business Ethics & Corporate Governance
Commercial Banks in Indian Economy
Working Capital Management in Banks
Team Building and Leadership
Project Work
Scope of MBA in Banking Management
MBA in Banking Management graduates can work as part time employees in the banking field. Graduates can also choose teaching jobs at universities and colleges. After completion of the MBA in the Banking course, graduates may initially enrol as a trainee or accountant.
Candidates who want to pursue a PhD in Banking can also apply for further doctoral studies. After completing MBA in Banking course, graduates can pursue higher positions and pursue various careers.
Career options of MBA in Banking Management
The career options available after the Banking Management course, students can choose a career based on their interests and preferences. Students can join various senior-level positions and earn handsome salaries after completing their MBA banking management course.
1. Investment Banker
2. Business Analyst
3. Marketing Analyst
4. Accounts Manager
Top Recruiters
- ITC
- Google
- Amazon
- Oracle
- HDFC Bank
- State Bank of India
- Central Bank of India
- Kotak Mahindra Bank
In conclusion, An MBA in Banking Management offers a comprehensive understanding of the financial industry, equipping graduates with the necessary skills and knowledge to excel in diverse roles. This rigorous program delves into areas such as financial analysis, risk management, investment banking, and regulatory compliance. By mastering these core concepts, MBA graduates are well-prepared to navigate the complexities of the modern banking landscape.