The courses are offered by a very few universities and institutions in India. The majority of universities today offer distance MBA programs with established placement cells. A candidate may move from a multinational company to the government sector to work as an auditor, financial advisor, and finance manager.
You learn about financial business operations, policies, and how to apply this knowledge in practice during the two-year MBA Banking and Finance degree program through the integration of banking and finance principles with business operation principles.
Key Features of distance MBA BF
Students gain an understanding of the dynamics of banking and financial management, stock markets, securities, and global economy. The course provides the ability to identify the operations and activities of banking and finance institutions on a day-to-day basis as well as identify the different types of financial institutions and their role in the financial market. Candidates develop expertise in marketing concepts and activities relevant to the special needs of the financial industry. Gain familiarity with the fundamentals of management accounting and cost accounting as well as their impact on financial decision making.
Center for Digital Financial Inclusion (CDFI) stated in a recent report that India’s retail sector has a great deal of potential for embracing digital payment methods. The management of these changes requires individuals with strong analytical and decision-making skills, which an MBA in Banking and Finance can provide.
The course exposes students to a wide range of topics including modern Economics, asset and liability management, financial markets and institutions, and how they operate in the contemporary environment.
Eligibility for MBA BF
- This MBA program is open to candidates with a BBA in Banking or a related degree.
- A BBA with at least 50% marks is essential for MBA BFM.
- Admission is based on merit or entrance exam scores.
- For admission to this program, you will need to take the GMAT, XAT, and JMET.
Career growth and opportunity
MBA BF graduates are most often hired as Manager Finance, Accounting Manager, Research Analyst, Banker, and teachers. The average banking expert can earn between INR 3 Lac to 7 Lac per year.
After getting an MBA in Banking and Finance you can apply for the following positions:
- Operations Manager
- Relationship Manager
- Finance Manager
- Finance Analyst
- Research Analyst
- Auditor in Finance sector
NMIMS,ICFAI University, Suresh GyanVihar University, Sikkim Manipal University, IMT CDL as well as Indira Gandhi National Open University (IGNOU) are the best institutions for distance MBA in Banking and Finance.