Online MBA in Retail Banking Course: An MBA degree is a great way to excel in your career and grow in your respective field.
Online MBA in retail banking is pursued by many candidates these days because of its industry-focused course design and the demands of highly qualified professionals.
Having an MBA degree can open a lot of career doors for those individuals who want to attain higher positions in the financial sector with high salaries. Considering a different MBA program? Explore our Online Master of Business Administration Course.
Some of the key skills related to retail banking are cash handling, account maintenance, discretion, communication skills, security procedures, and many more.
There are a large number of institutes that promote online MBA in retail banking at an affordable fee structure, like IGNOU, NMIMS, DY Patil University, Manipal University, and many more.
Online MBA in Retail Banking Course Key Highlights
| Particulars | Details |
| Course Name | Online Master’s of Business Administration (Online MBA) |
| Specialization | Retail Banking |
| Course Duration | 2 Years |
| Mode of Education | Online |
| Eligibility Criteria | Must have completed an undergraduate program in any field with a minimum of 50% aggregate marks acquired from a verified university. |
Online MBA in Retail Banking Admission 2025
The online MBA admission will soon start for the new session, and candidates can stay updated with the application process by visiting the university website on a regular basis.
All interested candidates must check out the eligibility and selection criteria for the online MBA program for their respective universities.
The basic eligibility criteria for an online MBA program in retail banking is to have a graduation degree in any field with a minimum 50% aggregate marks scored from a verified university.
The fee structure of an online MBA program highly depends upon the chosen university and the course structure offered by the university.
Check This Out Also:
- Online MBA in Quality Management Programme
- Online MBA in Finance Course: Fee, Admission, Top Colleges & Eligibility
Eligibility Criteria
- Candidates who want to pursue an online MBA in retail banking need to complete their bachelor’s degree in any field with a minimum of 50% aggregate marks from a well-recognised university.
- It is a much more convenient and flexible way to gain knowledge for the advancement of your career. These online MBA programs are well crafted for working individuals who can’t manage their time to go for the regular MBA program.
Duration
- Usually, the duration of an online MBA program is 2 years, but if candidates are pursuing an online MBA from institutes like IGNOU, then the program can be finished in between 2 years and 5 years.
- Some accelerated online MBA programs can be completed in the time duration of 18 months.
What is the Online MBA in Retail Banking Admission Process?
In order to take admission to an online MBA program, candidates need to perform the given steps carefully:
- First, go to the official website of your desired university and check out the application status.
- If the applications are open, then start by registering yourself as a new candidate and proceed to fill out the application form.
- Also keep in mind to upload all the supportive documents like academic mark sheets, ID proof, letters of recommendation, and many more.
- Some of the institutes ask for the scorecard of relevant exams like GMAT, CAT, SAT, SNAP, etc., or they conduct their entrance test.
- Pay the application-free amount and complete the form submission.
- Later candidates will have to appear for a personal interview round, and the performance will be assessed by the admissions panel.
- If the candidate is selected, then the admission panel will send an admission letter, which the candidate will have to accept in order to confirm the admission.
Fees
- Pursuing an online MBA program in retail banking from a private college may cost around Rs 1,00,000 – Rs 3,00,000.
- Whereas the cost of an online MBA program from institutes like IGNOU is approximately Rs 2,00,000 for the entire program.
- The general fee structure from other colleges may vary approximately from Rs 50,000 – Rs 5,00,000.
Career Options After An Online MBA in Retail Banking
Acquiring an online MBA degree in retail banking can open several career doors for you to advance your career. Given below are some of the prominent job roles that can be pursued after completing an online MBA in retail banking:
- Merchandiser
- Marketing executive
- Sales manager
- Retail product manager
- Store manager
- Product developer
- Brand manager
- Budget analyst
- Credit risk analyst
- Investment Banker
- Financial analyst
What is Retail Banking?
In retail banking, different financial services are provided to consumers. It is also known by the name consumer banking.
There are different services included, like credit and debit cards, mortgages, personal loans, certificates of deposit (CDs), and checking and savings accounts.
Retail banks are one-stop destinations for customers with different kinds of financial needs. The three main characteristics of retail banking are
- Having multiple products or services
- Having multiple groups of customers
- Having multiple distribution channels
Online MBA in Retail Banking Course Syllabus
An online MBA program is divided into four equal semesters, throughout these four semesters candidates acquire in-depth knowledge of the field and learn practical applications of the skills.
The syllabus of an online MBA program in Retail Banking is given below in a table –
| Semester | Syllabus |
| Semester 1 |
|
| Semester 2 |
|
| Semester 3 |
|
| Semester 4 |
|
Is It Worth Pursuing an Online MBA in Retail Banking?
Acquiring an online MBA degree will give you access to high-paying jobs and help you climb the corporate ladder in the most affordable manner.
Compared to regular MBA programs, online MBA programs in retail banking are much more flexible and cost-effective. In order to make a career in the retail and banking sector, candidates must be equipped with the required skill set and knowledge.
Retail banking plays a major role in contributing to the country’s economy, due to which the scope and career opportunities in the field have expanded.
Overall, a career in the retail banking sector offers competitive salary packages and many opportunities to grow in the respective field.
Is there an entrance exam for an online MBA in retail banking?
The admission criteria fully depend upon the university’s set rules, but usually the only requirement to take admission in an online MBA in retail banking is to hold an undergraduate degree with minimum aggregate marks from a recognised university.
Most universities do not prefer taking any entrance exam, and admission is offered based on the merit list, but some universities do accept scores of relevant exams or conduct personal interview rounds to assess the candidate’s overall personality and suitability for the course.
FAQs of Online MBA in Retail Banking Course
Q: What are the best career options after completing an online MBA in retail banking?
Ans: Some of the best career options after completing an online MBA in retail banking are credit manager, financial analyst, risk manager, operations manager, consultant, and many more.
Q: What is the average course fee of an online MBA in retail banking?
Ans: The average cost of pursuing an online MBA in retail banking lies approximately between Rs 2,00,000 and Rs 3,00,000 per year.
Q: Which are good universities for an online MBA in retail banking?
Ans: Some of the popular institutes offering online MBAs in retail banking are DY Patil, IGNOU, Manipal University, NMIMS, Symbiosis School for Online and Digital Learning, and many more.
