MBA Banking, Insurance & Financial Services is a dual master's degree course that provides technical, expert as well as practical knowledge of banking and insurance along with the combinational management subjects for business as well. As part of this degree program, students will study the basic concepts of management with specialized training in International Banking and Insurance, Treasury Operations, Risk Management, Investment Banking, Project & Infrastructure, etc.
Applicants must be self-confident, outgoing, helpful, and social and should be able to communicate with people at varying levels. Other major skills are curiosity, decisiveness, perception, possess the ability to work carefully, flexibility, diplomacy, communication skill, ability to work outside the office for a large amount of time are qualities required for surveyors.
MBA Banking, Financial Service and Insurance Highlights
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Course Level |
Post Graduate |
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Duration of the Course |
2 years |
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Examination Type |
Semester and Annual |
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Eligibility |
Graduation |
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Admission Process |
Entrance exam and Merit Based |
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Average Starting Salary |
INR 3 to 20 Lacs |
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Top Recruiting Companies |
ICICI Bank, HDFC Bank, General Insurance Corporation (GIC), ICICI Prudential, Life Insurance, Tata AIF Life, Reliance, Birla Sun-Life, Max New York Life, HDFC Standard Life- Insurance Co., SBI, Life Insurance, Life Insurance Corporation of India, HSBC Bank, Yes Bank, Kotak Mahindra, Axis Bank, IDFC bank etc. |
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Top Job Areas |
Colleges & Universities, Banks, IT Companies, Multinational Organizations, Insurance Departments, Media Houses etc. |
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Top Job Positions |
Financial Analyst, Credit & Risk Manager, Marketing & Sales Manager, Loan Counsellor and Sales Officer, Credit Analyst, Investment Banker, Account and Auditor, Stock Analyst, Asset Manager, Agent & Broker, Insurance Manager, Operations Manager, Marketing and Sales Manager, Financial Manager, Management Analyst, Accountants and Auditor, Credit Analyst, Financial Analyst, Personal Financial Advisor, Loan Counsellor etc. |
Eligibility Criteria for MBA Banking, Financial Service and Insurance
1. Applicant should have done their Graduation in any discipline from a recognized university with minimum 50% marks or its equivalent CGPA.
2. Applicants should have a minimum of 3 to 5 years of work experience.
3. There is an age limit prescribed by a few institutes that provide part-time MBA degrees.
4. According to some institutes, a candidate’s age should not be less than 27 years and not more than 50 years.
5. Candidates should have aggregate marks of 40% to 60% in the undergraduate degree.
Admission Process
1. Applicant on relevant entrance examinations determines admission to various universities and colleges.
2. Some private colleges and deemed universities perform their counselling process by conducting their university-level entrance exams.
3. You must also prepare for GMAT, IELTS and TOEFL and pass them with flying colours.
Career after MBA Banking, Financial Service and Insurance
Such graduates are hired in capacities such as Financial Analyst, Credit & Risk Manager, Marketing & Sales Manager, Loan Counsellor and Sales Officer, Credit Analyst, Investment Banker, Account and Auditor, Stock Analyst, Asset Manager, Agent & Broker, Insurance Manager, Operations Manager, Marketing and Sales Manager, Financial Manager, Management Analyst, Accountants and Auditor, Credit Analyst, Financial Analyst, Personal Financial Advisor, Loan Counsellor etc.
While finance and management graduates may have an edge over others, any applicant from any stream can enter this field by qualifying for the entrance exams which are being conducted by banks every year. At the senior level banks opt for experienced bankers.
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JOB POSITION |
JOB DESCRIPTION |
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Investment Banker |
Investment bankers are responsible to assume a role in helping their client’s raise funding to back various activities and develop their organizations. |
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Insurance Manager |
An Insurance Manager is In responsible of managing operations within a protection rehearse. Oversees specialists, agents, and appraisers. |
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Credit and Risk Manager |
Risk managers are responsible to exhort organization on any potential risk to the productivity and presence of the enterprises. They evaluate and distinguish threats, set up plans place for if things become bad and opt how to keep away from, decrease or transfer risks. |
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Financial Advisor |
A Financial Advisor is responsible for providing help to clients for their long-term as well as short-term financial goals. |
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Loan counsellor |
A Loan Counsellor is responsible for processes a customer’s application materials, checking the information and works with the customers to come up with a financial plan. |
MBA Banking, Financial Service and Insurance Syllabus
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Semester I |
Semester II |
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Principles and Practices of Management |
Insurance Management |
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Communication Management |
Insurance Product |
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Accounting for Managers |
Marketing Management |
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Principles & Practices of Banking |
Marketing Information System |
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Economics for Managers |
Banking & Insurance Management |
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Financial Management |
Merchant Banking & Financial Services |
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Semester III |
Semester IV |
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Statistic for Management |
Resource mobilization and marketing of banking services |
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Organizational Behaviour |
Counter operations, savings bank, current account and remittances |
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Team management |
Retail Insurance management (housing, vehicle, consumer and personal loans, etc); OR advance technology in banking (ATM, Internet banking, etc) |
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Strategic Credit management |
Fundamentals of infrastructure project financing |
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Legal Aspect of Banking |
Corporate Insurance management |
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Treasury & Risk Management |
Mutual funds and portfolio management |
