Admission to MBA Banking Insurance 2023: The MBA in Banking and Insurance is a 2-year post-graduate program that is divided into 4 semesters. Graduation with a minimum of 50% from any accredited college is the minimum requirement for this course. The numerous facets of banking and insurance will be covered, as well as how to do market research and use the most effective strategies.
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The MBA Banking Insurance Admission is merit-driven and based on an entrance exam. The cost of the course ranges from INR 40,000 to INR 2,000,000. The offered salaries typically range from INR 2.5 Lakhs to INR 9 Lakhs (LPA). Students can begin their careers in this profession at a variety of jobs. a few of our investment bankers, the finance director, and numerous others.
Highlights of the MBA Banking Insurance Admission
Course Name | Master of Business Administration in Banking Insurance |
Course Level | Post Graduate |
Admission Process | Based on the merit list, Entrance Test, and Interviews some of the institutes and colleges |
Eligibility | Minimum 50% marks in Bachelor’s degree in any specialization |
Duration | 2 Years |
Course Fee | INR 40,000 to INR 2,00,000 |
Average Salary | 2.5 LPA to INR 9 LPA |
Recruiters After MBA | Flipkart, ICIC Bank ,Myntra, Ajio more. |
Other Specializations | Finance, Operation, Sales, Human Resources, Business Analytics, Supply Chain Management, Digital Marketing, and more |
Job Roles | Accounting Manager, Chief Financial Officer, Investment Banking Associate, Credit Manager & Specialist more. |
Admission to MBA Banking Insurance 2023
Admission to the MBA Banking Insurance program is determined by the results of different entrance exams taken by candidates. Through specific exercises in disciplines like international insurance and banking, risk management, and investment banking, the program instructs students on the fundamental theories of management.
These MBA Banking Insurance experts can find job with reputable businesses like American Express, HDFC, and HSBC. These professionals are capable of performing tasks including teaching and lecturing, stock analysis, asset management, financial analysis, etc. An insurance specialist can expect to make between INR 2.5 and 9 lakhs per year on average.
With the help of this curriculum, students will gain new skills in both their specialty areas and business administration. Admission to the MBA Banking program is linked to the management stream program. The greatest admission to Dr. A.P.J. Abdul Kalam University is for MBA Banking Insurance admission.
Corporate management, accounting, economics, business management, business communication, finance management, banking, and many other topics are covered in depth in an MBA in Banking Insurance. For graduates of an MBA Banking and Insurance degree, there are several job opportunities in the banking, marketing, accounting, and financial sectors.
Insurance and banking are two different concepts. Insurance is a contract or policy that insurance companies provide for financial protection. The safe handling and security of public funds are referred to as banking. Knowledge of various insurance/banking regulations, policies, and procedures is provided by this two-year study. Every year, numerous universities across the nation promote their MBA Banking & Insurance programs. The well-known colleges offering this management program include RCC Hyderabad, GGSIPU Delhi, and IMI Indore.
MBA Banking Insurance Admission Requirements
Graduates in banking or management may apply for the MBA Banking & Insurance course.
This curriculum is appropriate for students with BBA, BA, or BSc degrees in banking or insurance.
Admissions to this MBA program are available on the basis of merit or entrance exam.
The most popular entrance exams for MBA BI admissions are SNAP, GMAT, XAT, etc.
The cost of this training ranges from INR 40,000 to 2 Lac on average.
Entrance exams for MBA admission in banking and insurance
Xavier Aptitude Test (XAT)
AIMA UGAT
BVP BUMAT
DU JAT
IIM Indore IPM
Fees for MBA Admission in Banking and Insurance in India
For a two-year MBA Banking Insurance program, the typical academic tuition ranges from INR 40,000 to 2 Lakhs.
MBA in Insurance and Banking enrollment process
Visit the official university website where you want to apply for admission.
Fill out the application form and sign up as a new user.
If there is a registration cost, pay it before submitting the online application form after entering all of your information and uploading all of the relevant documents. foremost, make sure all the information is accurate and formatted correctly.
You must pay the tuition for this course after submitting an application in order to secure a spot.
You will receive your enrollment information, student ID card, and other necessary login information for that course after successfully paying for it.
Scopes of MBA Banking Insurance
The scopes of MBA Banking insurance vary. Graduates can find employment in this field, for instance, in colleges and universities, IT firms, multinational corporations, banks, insurance departments, branch banking, mortgage firms, etc.
Optional MBA Banking Insurance Admission Job
MBA holders can work in industries including merchant banking, insurance, risk management, consulting, cash management, and finance directorship, among others. This subject combines the study of insurance and banking. The foundational ideas and theories of banking and insurance are covered in this course.
Best Companies for MBAs in Banking and Insurance
After earning an MBA in Banking or Insurance, there are numerous companies to join. LIC, ICICI Bank, Concentrix, IBM, Wipro, TATA Consultancy, Reliance, and a long list of other companies are among the top recruiting firms.
Payroll packages in India
The compensation range for professionals with an MBA in banking and insurance is between INR 2.5 Lakhs and 9 Lakhs (LPA).
Different Courses
Full-time: The PG course MBA Banking & Insurance is offered full-time.
Part-Time/Online: Online and distant learning options are also available for the MBA in Banking & Insurance.
Top Universities In India For MBA Admissions In Banking And Insurance
University | State | Type Of University |
Dr. A.P.J. Abdul Kalam University Admission | MADHYA PRADESH | Private University |
Dr. B.R. Ambedkar University of Social Sciences Admission | MADHYA PRADESH | State University |
Dr. C.V. Raman University Admission | MADHYA PRADESH | Private University |
Dr. Harisingh Gour Vishwavidyalaya Admission | MADHYA PRADESH | Central University |
G.H. Raisoni University Admission | MADHYA PRADESH | Private University |
Banking Insurance Syllabus for MBA
Semester I | Semester II |
IT Tools for Managers | Oral &Written Analysis of Case Studies |
Business Communication, Etiquettes & Grooming | Professional Ethics & Corporate Social Responsibility |
Management Science & Organization Behaviour | Financial Management |
Accounting for Management | Marketing Management |
Business Environment | People Management |
Managerial Economics | Data Analysis & Interpretation |
Mathematics for Business Decisions | Values & Ethics for Managers – Seminar |
Presentation Skills Workshop | Professional Certification |
MOOCS | |
Semester III | Semester IV |
Applied Operations Research | Entrepreneurship & Managing Business |
Strategic Management | Productions & Operations Management |
Presentation on Training Report | Research Project |
Contemporary Management Thought – Seminar | Entrepreneurship in The Digital Economy – Seminar |
Capstone Project/Simulation | Professional Certification / MOOCS |
Management of Financial Services | Mergers & Acquisitions |
Investment Analysis & Portfolio Management | Banking & Insurance Operation |
MBA Banking Insurance FAQs
Q1. What is an MBA in banking and insurance, first of all?
Ans. After earning an undergraduate degree from any disciplinary University or College, students pursue this 2-year post-graduate degree.
Q2. Can an MBA get a career in government?
Ans. Yes, there are numerous businesses like BEML Limited State Bank of India, Cement Corporations of India, NSIC, Mishra Dhatu Nigam Limited, etc. where MBA graduates can find employment in the government.
Q3. Is an insurance career a good one?
Ans. The answer is that insurance is a great career choice in India. This is a great job choice since insurance offers financial protection, and financial protection insurance is something that every family needs.