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MBA Banking and Insurance

MBA in Banking & Insurance Management provides with analytical skills, along with a wide range of experiences interacting with business professionals in risk management consulting, and operations. The subject includes international banking and insurance, treasury operations, risk management, investment banking, projects and infrastructure etc.

The course will provide theoretical and practical knowledge of management along with relevant understanding of the functions of this specialization. It can be pursued through full time, part time, distance and correspondence.

The duration is 2 years, i.e., of four semesters in which the first two semesters are dedicated to teaching the core subjects and the rest concentrate on the specialized topics relating to Banking and Insurance.

MBA Travel and Tourism Course Overview
Course level Postgraduate
Duration 2 years
Admission criteria Bachelors’ in any discipline/ Entrance exam based
Entrance Exam CAT, XAT, GMAT, CMAT, etc.
Subjects Agricultural Insurance, E- Banking, Treasury Management, etc
Course Fees 1 lacs- 8 LPA
Job profile Investment Banking Analyst, Insurance claims adjuster, etc
Major recruiters IBM, INNOWAR, HDFC Bank, Fidelity, etc
Salary package 4-12 LPA

What is the benefit of this course?

  • The course is designed to develop efficient financial and insurance planners
  • This sector have a huge demand for human resources
  • It enable students with the fundamentals of insurance and financial markets
  • Students will learn about the workings of banks and investment firms, how these businesses operate, and how graduates can make a difference in the short run as well as in the long-term.
  • Since they have studied strategy in various contexts, graduates will be able to find a business strategy that balances the commercial and economic side of the bank.

MBA Banking and Insurance Syllabus

MBA Banking and Insurance Syllabus
Banking Concepts and Operations Marketing of Financial Services
Property Insurance Agricultural Insurance
E- Banking Practice of General Insurance
International Banking Practice of Life Insurance
Rural Banking and Micro-finance Trends in Insurance Management
Principles and Practices of Insurance Vehicle Insurance
Treasury & Forex Management Retail & Universal Banking
Central Banking Life Insurance Products
Innovations in Banking and Insurance Industry Corporate Insurance Management
Banking Regulations and Legal Aspects Foreign Language
Practice of Marine Insurance Cost & Management Accounting
Agency Management Legal Aspects of Business
Production Management Research Methodology
Principal concept of life insurance Risk management & life Insurance
Legal and Regulatory aspects of Banking & Insurance International banking and finance
Service Marketing Rural Insurance and Micro Credit

Eligibility Criteria:

  • Candidates should have a bachelors’ degree in any discipline from any recognized board/University
  • They should obtain the minimum percentage of marks in previous qualifying exams that depend on different colleges
  • Final year students can also apply
  • For colleges that requires entrance test; score of the test will be considered

Selection Process:

Students will be selected on the cut-off marks in the entrance exams. It is to be noted that not all colleges requires entrance test; some colleges take direct admission. Colleges accept Common Entrance Test like GATE, CMAT, GMAT, etc. there are some colleges/universities that conduct their own exams like MAH CET, TAN CET, IIM Test score.

Shortlisted candidates will be called personal Interview at a designated location. However, the Institute reserves the right to add/cancel any centre for the conduct of Entrance Test.

Announcement of the final selection/merit list under any category/quota shall be strictly in order of merit on the basis of the composite score arrived at using weightages as per test score, PI score, academic marks, and gender diversity.

Top MBA in Banking and Insurance Colleges

Ranking data of top colleges is appreciable when individuals are searching for the best MBA course opportunities. It is not superficial. Public and Private organizations like NIRF, India Today, Dalal Street, Outlook Magazine, Silicon India take part in ranking the MBA colleges in India according to their way of work, quality of services and overall contribution towards the community.

What are the Top MBA in Banking and Insurance Colleges?

Top MBA Banking and Insurance Colleges in India

Rank College/University Annual fees
01 Acharya Guntur University (distance) 21,500
02 DY Patil University, Pune 4,20,000
03 Guru Gobind Singh Indraprastha University, Delhi 1,34,800
04 Amity University, Noida 1.70 lac
05 AKS University, Madhya Pradesh 2,700
06 Alagappa University, Tamil Nadu 13,000
07 Chitkara University, Punjab 1,20,000
08 SRM university, Andhra Pradesh 2,95,000
09 Oriental university, Indore 50,000
10 Sandip University, Nashik 2,10,000

Top MBA Banking and Insurance Colleges in Delhi

Rank College/University Annual fees
01 Guru Gobind Singh Indraprastha University, Delhi 1,34,800
02 Amity University, Noida 1.70 lac
03 IGNOU 37,800

Top MBA Banking and Insurance Colleges in Pune

Rank College/University Annual fees
01 DY Patil University, Pune 4,20,000
02 Anekant Institute of Management Studies 87,000
03 MSMS 87,000
04 ZIMCA 1,00,000
05 GHRIMR 1,01,000

Top MBA Banking and Insurance Colleges in Bangalore

Rank College/University Annual fees
01 AIMIT 2,25,000
02 IBMR- IBS 3,00,000
03 Sindhi Institute of Management 2,00,000
04 BSBS Business Academy 1,84,000
05 IIBS 3,50,000
06 RGIT 1,45,000
07 KSM 3,32,000
08 IBMT 3,25,000
09 Koshys B-School 2,25,000
10 IFIM 4,65,000

*Please note that the fees are subject to change. For further details please call us on 09743277777.

Scope in MBA in Banking and Insurance

There are various Scopes in MBA in Banking and Insurance. Graduates work in fields as:

  • Branch Banking
  • Sales
  • Operations
  • Support Functions
  • Phone Banking/Transactions Processes
  • Private Banks
  • Government
  • Mortgage Companies
  • Underwriting
  • Actuary
  • Wholesale & Corporate Banking
  • Treasury
  • Corporate Finance
  • Investment Banking

They can choose from different job profiles like:

  • Investment Banking Analyst
  • Insurance claims adjuster
  • Credit Analyst
  • Loan Officer
  • Insurance investigator
  • Academician
  • Business Relationship Manager
  • Equity Manager

MBA in Banking and Insurance Placement

Over the next decade, the Banking sector is projected to create up to 2 million new jobs, driven by the government efforts to integrate financial services into rural areas. As a result this sector requires manpower which for NSDC the projected human resource requirement between 2008 and 2022 is estimated to reach over 4.2 million.

The electives taught, as a part of the specialisation, give students the ability to further expertise in their area of interest and find meaningful roles in specific functional areas.

MBA Banking and Insurance
Major companies to recruit
Concentrix Wipro
IBM Renault
INNOWAR TATA consultancy
HDFC Bank Reliance
Fidelity Royal Bank of Scotland
Bullmen Realty Pnb MetLife
British Airways Vasundhara Grand
AXIS Bank Jet Konnect
ACCORPLUS Novus Green

MBA in Banking & Insurance Management provides with analytical skills, along with a wide range of experiences interacting with business professionals in risk management consulting, and operations.
Yes private banks prefer MBA graduates from Banking and Insurance or finance specializations.
Yes, certainly it is.
The duration is 2 years
The average fee is between 3 lakh to 5-6 lakh
Yes you can.

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