Online MBA in Banking and Finance Course: A Master of Business Administration (MBA) is a PG-level degree that can be pursued in multiple disciplines to set a strong foundation in business and management.
The degree opens a lot of career doors for growing financially as well as professionally. The program can be pursued in both online and regular offline modes.
Enrolling in an online MBA program can be quite convenient for working professionals, as it offers convenience and flexibility without causing any hindrance to your personal and professional life.
Having work experience in the same field will surely add a lot of value and understanding to your studies.
An online MBA course in banking and finance could be very beneficial for professionals from the banking sector.
For freshmen who do not come from a banking and finance background, it can be pretty challenging at first, but if you are keen to learn, then your curiosity and hard work will play a major role. Are you interested in other areas of business? Learn more about our Online MBA Course.
Online MBA in Banking and Finance Course Key Highlights
Particulars | Details |
Course Name |
Online Master’s of Business Administration
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Specialization |
Banking and Finance
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Last Date |
Soon Start
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Course Duration | 2 Years |
Mode of Education | Online |
Eligibility Criteria |
Candidates must have completed a graduation degree in any field with minimum aggregate marks from a verified university.
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Online MBA in Banking and Finance Admission 2025
Candidates aspiring to enrol in an online MBA program must stay updated with the latest news. Go to the official website of the desired university and check out the admissions and registration portal.
The minimum eligibility criteria for the two-year online MBA program in banking and finance specialization is to hold a bachelor’s degree with a minimum of 50% aggregate marks from a recognised university.
The average cost of an online MBA in banking and finance from a private institute is approximately Rs 80,000-Rs 2,50,000/-.
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Eligibility Criteria
- Aspiring candidates who wish to pursue the online MBA program in banking and finance specialization must fully fill in the requirements.
- The basic eligibility criteria for an online MBA course is to hold an undergraduate degree with minimum aggregate marks from a verified university.
- The final-year undergraduate students are also welcome to apply for the program. Anyone can pursue the online MBA program irrespective of their age, profession, and academic background.
Duration
- An online MBA course in banking and finance can be typically completed in the time duration of 1-2 years. However many universities also offer a one-year online degree in finance.
- Also, if you want to pursue an MBA program from IGNOU, then they provide the flexibility and convenience to complete the course in 2–5 years of duration.
Online MBA in Banking and Finance Course Fees
- There are many universities that have an affordable course fee for online MBA programs. IGNOU is one such university that offers an online MBA program at an affordable fee structure.
- Every year, many candidates enrol in IGNOU’s online MBA program. The fee structure is approximately Rs 60,000/- per year.
- Many other institutes also offer online MBA courses in banking and finance. The fee structure of those institutes ranges approximately from Rs 80,000/- to Rs 20,00,000/-.
Career Options Available After Online MBA in Banking and Finance
An online MBA graduate in banking and finance can explore different sectors like government banks, private banks, savings and loan unions, credit establishments, and mortgage companies.
They are typically offered 9 to 5 office jobs. Some of the common job roles one can pursue after completing an MBA in banking and finance are mentioned below:
- Loan officers
- Investment Banker
- Chief financial officer
- Financial Consultant
- Academician
- Business relationship manager
- Accounts Manager
- Equity Research Analyst
Online MBA in Banking and Finance Admission Process
The admission for an online MBA program in banking and finance specialization takes place in several steps, which include:
- Check the eligibility criteria: Candidates must hold a UG-level degree in any field with the minimum required marks.
- Entrance Exam: If your desired university accepts admission based on the marks acquired in the entrance tests like CAT, GMAT, GRE, or any other, then you must submit the scorecard of that exam. Candidates applying for an MBA from IGNOU must register themselves for the OPENMAT exam.
- Application process: Now, go to the website of the desired university and start the form-filling process. Candidates have to provide personal details like a contact number, academic records, and other important details.
- Necessary documents: Candidates will have to submit some important documents like ID proof, mark sheets, photos, certificates, resumes, LORs, etc.
- Interview Round: Some universities conduct personal interviews for final selection. Candidates will have to appear for the interview on the scheduled date.
- Final admission offer letter: Once the admission panel has reviewed your application form, you will receive an admission offer letter if you are selected. Accept the admission offer letter and confirm your admission.
What is Banking and Finance?
An online MBA program in banking and finance specializations deals with professional accountancy and financial information. This specialization is best for candidates who are interested in knowing how the banking system works.
Candidates can use their financial and accounting skills in decision-making. Some of the things candidates must have to pursue an online MBA program in banking and finance are a logical and analytical mind, mathematical aptitude, and accounting skills.
Is it worth Pursuing an Online MBA in Banking and Finance?
Pursuing an online MBA in banking and finance can be very beneficial to advance your career and explore new opportunities.
If you already have a banking and finance academic background, then the program will add more knowledge and value to your professional life.
The banking and finance sector plays a critical role in a country’s economy; therefore, the demands of highly qualified professionals in the field are quite high.
Candidates with deep interest and qualifications can make a great career in this field and explore opportunities to advance their professional experience.
Is there an entrance exam for Online MBA in Banking and Finance?
Admission to the majority of online MBA programs is based on a merit list. However many institutes ask for national or state-level entrance test exam scores. So, it is always a wise decision to appear for the test and score valid marks.
Some of the exams that are conducted for MBA programs are CAT, MAT, NMAT, GMAT, SNAP, and many more. These exam scores are accepted by many reputed B-schools for regular and online MBA programs.
Online MBA in Banking and Finance Course Syllabus
The online MBA program in banking and finance is divided into four different semesters that deal with all aspects of banking and finance. The syllabus of a regular MBA in Banking and Finance is as follows:
Semesters | Syllabus |
Semester 1 |
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Semester 2 |
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Semester 3 |
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Semester 4 |
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FAQs of Online MBA in Banking and Finance Course
Q: Is it possible to complete an online MBA in finance program in one year?
Ans: Yes, there are a lot of institutes that offer a one-year online MBA program in finance. So, candidates who are interested can enrol in such courses.
Q: What are the high-paying jobs after completing an online MBA in banking and finance?
Ans: Some of the high-paying, rewarding jobs in the banking and finance sector are financial analyst, fixed income analyst, senior accountant, portfolio manager, and many more.
Q: What is the course duration of an online MBA in banking and finance?
Ans: An online MBA program typically takes 1–2 years to complete.