MBA in Banking is a management course primarily in the functional areas of Banking and Finance. The course covers fields like Accounting and Finance Economics, Quantitative Methods, Rural Finance and Information Technology, Risk Management, Treasury Operations, Investment Banking and International Banking etc.
This is a 2-year course consisting of 4 semesters and the average fees charged for pursuing this course in India ranges between INR 2 Lacs and 7 Lacs, varying with the difference in institutes providing the course.
As a minimum criterion of eligibility, the candidate should have completed graduation in any disciple with a minimum aggregate score of 50% from a recognized college. A bachelor’s degree in Banking is preferred. The next step in the procedure is a qualifying CAT, MAT, XAT, SNAP etc. or other State-level exams.
The average salary offered in India to successful postgraduates of the course ranges between INR 3 to 10 Lacs annually, depending on the reputation of the college and the skills of the candidate. Candidates are hired in areas like Merchant Banking, Risk Management, Private Banking and Project Finance etc.