MBA (Banking and Finance): Top Colleges
Top MBA (Banking and Finance) Colleges in India:
MBA (Banking and Finance) programs are offered by several respected universities in India, giving students a good opportunity to continue further financial studies. These universities are well known for their demanding coursework, knowledgeable instructors, industry contacts, and placement chances at top financial firms. These institutions, which concentrate on banking and finance, give students the information and abilities they need to succeed in various financial sector positions, such as corporate finance, investment banking, risk management, and financial analysis. Below is a comprehensive list of some of India's best MBA (Banking and Finance) schools:
Top MBA (Banking and Finance) Colleges in Mumbai
College Name |
1. Jamnalal Bajaj Institute of Management Studies |
2. Narsee Monjee Institute of Management Studies |
3. K. J. Somaiya Institute of Management Studies and Research |
4. S.P. Jain Institute of Management and Research |
5. NMIMS Global Access School for Continuing Education |
6. Welingkar Institute of Management Development and Research |
7. Prin. L. N. Welingkar Institute of Management Development & Research |
8. ITM Business School, Navi Mumbai |
9. MET Institute of Management, Mumbai |
10. Institute of Business Studies and Research, Mumbai |
Top MBA (Banking and Finance) Colleges in Delhi-NCR
College Name |
1. Faculty of Management Studies (FMS), University of Delhi |
2. Management Development Institute (MDI), Gurgaon |
3. Indian Institute of Foreign Trade (IIFT), Delhi |
4. IMT Ghaziabad |
5. International Management Institute (IMI), Delhi |
6. Lal Bahadur Shastri Institute of Management (LBSIM), Delhi |
7. Delhi School of Economics |
8. FORE School of Management, New Delhi |
9. Jaipuria Institute of Management, Noida |
10. Bharati Vidyapeeth Institute of Management and Research, Delhi |
Top MBA (Banking and Finance) Colleges in Pune
College Name |
1. Symbiosis Institute of Business Management (SIBM), Pune |
2. NIBM Pune |
3. Pune University Department of Management Studies (PUMBA) |
4. MIT School of Business, Pune |
5. Balaji Institute of Modern Management (BIMM), Pune |
6. Symbiosis Institute of Management Studies (SIMS), Pune |
7. Indira Institute of Management, Pune |
8. Flame University School of Business, Pune |
9. ISBM Pune |
10. International School of Business and Media (ISB&M), Pune |
Top MBA (Banking and Finance) Colleges in Bangalore
College Name |
1. Indian Institute of Management Bangalore (IIMB) |
2. Symbiosis Institute of Business Management (SIBM), Bangalore |
3. Xavier Institute of Management and Entrepreneurship (XIME), Bangalore |
4. Christ University Institute of Management, Bangalore |
5. PES University, Bangalore |
6. Alliance School of Business, Bangalore |
7. IFIM Business School, Bangalore |
8. Acharya Bangalore B-School (ABBS), Bangalore |
9. Symbiosis Institute of Business Management (SIBM), Bangalore |
10. St. Joseph’s Institute of Management, Bangalore |
Top MBA (Banking and Finance) Colleges in Punjab
College Name |
1. Indian School of Business (ISB), Mohali |
2. Lovely Professional University (LPU), Jalandhar |
3. Chandigarh University, Chandigarh |
4. Punjab College of Technical Education (PCTE), Ludhiana |
5. Guru Nanak Dev University (GNDU), Amritsar |
6. Punjab University, Chandigarh |
7. Rayat Bahra University, Mohali |
8. DAV Institute of Engineering and Technology (DAVIET), Jalandhar |
9. Amity University, Mohali |
10. GNA University, Phagwara |
Top MBA (Banking and Finance) Colleges in Chennai
College Name |
1. Great Lakes Institute of Management, Chennai |
2. Loyola Institute of Business Administration (LIBA), Chennai |
3. Bharathidasan Institute of Management (BIM), Tiruchirappalli |
4. Department of Management Studies, IIT Madras |
5. SRM Institute of Science and Technology, Chennai |
6. Vellore Institute of Technology Business School (VITBS), Chennai |
7. Vel Tech Rangarajan Dr. Sagunthala R&D Institute of Science and Technology, Chennai |
8. St. Joseph's College of Engineering (SJCE), Chennai |
9. Saveetha Institute of Medical and Technical Sciences, Chennai |
10. SRM Easwari Engineering College, Chennai |
Top MBA (Banking and Finance) colleges in Kolkata
College Name |
1. Indian Institute of Management Calcutta (IIMC) |
2. Xavier Institute of Management (XIMB), Kolkata |
3. Indian Institute of Social Welfare and Business Management (IISWBM), Kolkata |
4. International Management Institute (IMI), Kolkata |
5. Army Institute of Management (AIM), Kolkata |
6. Globsyn Business School, Kolkata |
7. Institute of Engineering and Management (IEM), Kolkata |
8. Birla Global University, Kolkata |
9. Calcutta Business School, Kolkata |
10. St. Xavier's University, Kolkata |
Top MBA (Banking and Finance) colleges in Hyderabad
College Name |
1. Indian School of Business (ISB), Hyderabad |
2. Narsee Monjee Institute of Management Studies (NMIMS), Hyderabad |
3. Institute of Management Technology (IMT), Hyderabad |
4. Symbiosis Institute of Business Management (SIBM), Hyderabad |
5. ICFAI Business School (IBS), Hyderabad |
6. Osmania University, Hyderabad |
7. Vignana Jyothi Institute of Management, Hyderabad |
8. GITAM Hyderabad Business School, Hyderabad |
9. Aurora's Business School, Hyderabad |
10. Institute of Public Enterprise (IPE), Hyderabad |
Top MBA (Banking and Finance) colleges in Ahmedabad
College Name |
1. Indian Institute of Management Ahmedabad (IIMA) |
2. Nirma University Institute of Management, Ahmedabad |
3. Entrepreneurship Development Institute of India (EDII), Ahmedabad |
4. Institute of Management, Nirma University, Ahmedabad |
5. Mudra Institute of Communications Ahmedabad (MICA) |
6. Adani Institute of Infrastructure Management (AIIM), Ahmedabad |
7. Amrut Mody School of Management, Ahmedabad University |
8. Centre for Management Studies, Dharmsinh Desai University, Nadiad |
9. Gujarat University, Ahmedabad |
10. L.J. Institute of Management Studies (LJIMS), Ahmedabad |
Top Distance MBA (Banking and Finance) Colleges in India
College Name |
1. Symbiosis Centre for Distance Learning (SCDL), Pune |
2. Indira Gandhi National Open University (IGNOU), New Delhi |
3. IMT CDL, Ghaziabad |
4. Sikkim Manipal University - Distance Education, Gangtok |
5. ICFAI University, Hyderabad |
6. Amity University Online, Noida |
7. NMIMS Global Access School for Continuing Education (NGASCE), Mumbai |
8. Annamalai University DDE, Annamalainagar |
9. Karnataka State Open University (KSOU), Mysore |
10. Madhya Pradesh Bhoj Open University (MPBOU), Bhopal |
MBA (Banking and Finance) Placements:
Placements are an important part of the academic path for graduates of the MBA program in banking and finance. They allow them to land lucrative jobs in prestigious financial firms. These placements demonstrate the program's success in preparing students for the fast-paced world of banking and finance. MBA (Banking and Finance) placements focus heavily on developing students' practical knowledge and skills, preparing graduates for corporate finance, investment banking, risk management, and financial analysis careers. A summary of the MBA (Banking and Finance) placement process and results is provided here, demonstrating the graduates' success in landing lucrative job opportunities:
College Name | Average Package (in INR) |
Indian Institute of Management Ahmedabad (IIMA) | 25-30 Lakhs |
Indian Institute of Management Bangalore (IIMB) | 24-28 Lakhs |
Indian Institute of Management Calcutta (IIMC) | 22-26 Lakhs |
Indian School of Business (ISB), Hyderabad | 20-24 Lakhs |
Faculty of Management Studies (FMS), Delhi | 18-22 Lakhs |
Management Development Institute (MDI), Gurgaon | 16-20 Lakhs |
Xavier Institute of Management (XIMB), Bhubaneswar | 15-18 Lakhs |
Symbiosis Institute of Business Management (SIBM), Pune | 14-17 Lakhs |
Narsee Monjee Institute of Management Studies (NMIMS), Mumbai | 13-16 Lakhs |
International Management Institute (IMI), Delhi | 12-15 Lakhs |
These institutions have consistently demonstrated their prowess in facilitating successful placements for their MBA (Banking and Finance) graduates, with impressive average salary packages and opportunities for career advancement.
MBA (Banking and Finance) Salary in India
MBA (Banking and Finance) salaries in India vary based on specialisation, industry, and experience level. Specialisations such as finance, marketing, business analytics, and entrepreneurship often command higher salary packages. Here are some popular job profiles after an MBA (Banking and Finance) and their corresponding average salaries:
Job Profiles | Description | Average Salary (in INR) |
Investment Banker | Investment bankers facilitate complex financial transactions, such as mergers, acquisitions, and IPOs. | 12-20 Lakhs |
Financial Analyst | Financial analysts assess financial data and trends to provide insights for investment decisions. | 6-10 Lakhs |
Risk Manager | Risk managers identify and analyse potential risks within financial institutions and develop strategies to mitigate them. | 8-15 Lakhs |
Corporate Treasurer | Corporate treasurers manage an organisation's financial assets, liquidity, and risk management. | 10-18 Lakhs |
Wealth Manager | Wealth managers provide personalised financial advice and investment solutions to high-net-worth clients. | 8-14 Lakhs |
Credit Analyst | Credit analysts evaluate the creditworthiness of individuals or businesses to determine loan eligibility. | 6-12 Lakhs |
Financial Consultant | Financial consultants offer financial planning, investment, and wealth management advisory services. | 7-14 Lakhs |
Equity Research Analyst | Equity research analysts analyse financial data and market trends to provide investment recommendations. | 8-15 Lakhs |
Fund Manager | Fund managers oversee investment portfolios and make strategic decisions to maximise returns for investors. | 12-20 Lakhs |
Compliance Officer | Compliance officers ensure that financial institutions adhere to regulatory requirements and ethical standards. | 8-14 Lakhs |
MBA (Banking and Finance) Courses Top Recruiters
The demand for MBA (Banking and Finance) graduates spans across industries, with organisations, both private and government, actively seeking their expertise. Here are some top recruiters known for hiring MBA (Banking and Finance) graduates through campus placements:
Top Private MBA (Banking and Finance) Courses Recruiters:
Rank | Recruiter |
1 | HDFC Bank |
2 | ICICI Bank |
3 | Axis Bank |
4 | Kotak Mahindra Bank |
5 | IndusInd Bank |
6 | Yes Bank |
7 | IDFC Bank |
8 | RBL Bank |
9 | Federal Bank |
10 | South Indian Bank |
11 | DCB Bank |
12 | Karur Vysya Bank |
13 | Bandhan Bank |
14 | IDBI Bank |
15 | Development Credit Bank (DCB) |
16 | Tamilnad Mercantile Bank (TMB) |
17 | Dhanlaxmi Bank |
18 | Jammu and Kashmir Bank (J&K Bank) |
19 | Karnataka Bank |
20 | Catholic Syrian Bank (CSB) |
Top Government MBA (Banking and Finance) Courses Recruiters:
Rank | Recruiter |
1 | Reserve Bank of India (RBI) |
2 | State Bank of India (SBI) |
3 | Punjab National Bank (PNB) |
4 | Bank of Baroda (BOB) |
5 | Canara Bank |
6 | Union Bank of India |
7 | Bank of India |
8 | Central Bank of India (CBI) |
9 | Indian Bank |
10 | Bank of Maharashtra |
11 | Oriental Bank of Commerce (OBC) |
12 | Corporation Bank |
Top NIRF Ranking MBA (Banking and Finance) Colleges 2024 Placement Data:
Listed below are the top MBA (Banking and Finance) colleges in India according to MHRD-NIRF rankings 2024:
Name | City | State | Score | Rank |
Indian Institute of Management Ahmedabad
| Ahmedabad | Gujarat | 83.20 | 1 |
MICA | Ahmedabad | Gujarat | 55.47 | 37 |
Nirma University | Ahmedabad | Gujarat | 50.04 | 61 |
Aligarh Muslim University | Aligarh | Uttar Pradesh | 51.18 | 55 |
Indian Institute of Management, Amritsar | Amritsar | Punjab | 51.30 | 51 |
Institute of Rural Management Anand | Anand | Gujarat | 51.19 | 54 |
Visvesvaraya Technological University | Belgaum | Karnataka | 43.84 | 95 |
Indian Institute of Management Bangalore | Bengaluru | Karnataka | 80.89 | 2 |
Christ University | Bengaluru | Karnataka | 50.69 | 60 |
Jain University, Bangalore | Bengaluru | Karnataka | 45.63 | 85 |
Alliance University | Bengaluru | Karnataka | 45.55 | 87 |
XIM University | Bhubaneswar | Odisha | 52.09 | 46 |
Siksha `O` Anusandhan | Bhubaneswar | Odisha | 51.03 | 57 |
Kalinga Institute of Industrial Technology | Bhubaneswar | Odisha | 50.78 | 59 |
International Management Institute | Bhubaneswar | Odisha | 49.30 | 67 |
Panjab University | Chandigarh | Chandigarh | 46.05 | 82 |
Indian Institute of Technology Madras | Chennai | Tamil Nadu | 62.83 | 15 |
MBA (Banking and Finance) Abroad for Indian Students
Pursuing an MBA (Banking and Finance) abroad can be an enriching experience for Indian students, offering access to world-class education, diverse cultural exposure, and global career opportunities. Here are several compelling reasons why Indian students may consider pursuing an MBA (Banking and Finance) abroad:
1. Global Reputation and Accreditation: Many international business schools offering MBA programs in Banking and Finance have earned prestigious accreditations and rankings, ensuring high-quality education and recognition worldwide. Graduating from a globally renowned institution enhances the credibility of the degree and opens doors to lucrative career prospects.
2. Specialized Curriculum: MBA programs abroad often offer specialised curricula tailored to the specific needs of the banking and finance industry. These programs cover various topics such as financial markets, investment banking, risk management, and corporate finance, providing students with the comprehensive knowledge and skills required to excel in their careers.
3. Industry Exposure and Networking: Studying abroad exposes students to diverse perspectives, cultures, and business practices, fostering a global mindset and enhancing cross-cultural communication skills. Many international MBA programs facilitate industry interactions, guest lectures, internships, and networking events, allowing students to build valuable connections with professionals in the banking and finance sector.
4. Career Opportunities: Graduates of MBA programs in Banking and Finance from reputed international institutions are highly sought after by leading financial institutions, investment banks, consulting firms, and multinational corporations worldwide. The global exposure and rigorous academic training these programs offer give students a competitive edge in the job market, leading to rewarding career opportunities and accelerated career growth.
5. Cross-border Mobility: An MBA degree from a reputable international business school enhances students' mobility across borders, enabling them to pursue career opportunities in different countries and regions. Many countries offer post-study work visas or pathways to permanent residency for international students, facilitating a seamless transition into the global workforce.
6. Cultural and Personal Growth: Studying abroad provides an immersive cultural experience, allowing students to broaden their horizons, develop intercultural competence, and gain a deeper understanding of global business dynamics. Living and studying in a foreign country fosters personal growth, independence, adaptability, and resilience, which are invaluable qualities in today's interconnected world.
7. Access to Cutting-edge Resources: International MBA programs often provide access to state-of-the-art facilities, libraries, research centres, and technology resources, enabling students to engage in innovative research, case studies, and experiential learning opportunities. The exposure to cutting-edge resources and faculty expertise enriches the learning experience and prepares students for leadership roles in the dynamic field of banking and finance.
8. Diverse Student Community: International MBA programs attract a diverse cohort of students from various backgrounds, cultures, and nationalities, creating a vibrant learning environment that promotes collaboration, cultural exchange, and peer learning. Interacting with classmates from around the world exposes students to diverse perspectives, ideas, and business practices, enriching their academic and social experiences.
Top Universities for MBA (Banking and Finance) Courses Abroad
When considering pursuing an MBA in Banking and Finance abroad, several universities stand out for their exceptional programs, faculty expertise, industry connections, and global reputation. Here are some of the top universities renowned for offering outstanding MBA (Banking and Finance) courses abroad:
1. Harvard Business School (HBS), USA:
- HBS is renowned for its rigorous curriculum, renowned faculty, and strong emphasis on case-based learning.
- The MBA program offers a wide range of elective courses in finance, including corporate finance, investment management, and financial markets.
- HBS boasts a vast alumni network and unparalleled access to top-tier financial institutions, making it a preferred choice for students aspiring to pursue careers in investment banking and finance.
2. Wharton School, University of Pennsylvania, USA:
- Wharton offers one of the most comprehensive MBA programs in finance, with a specialised curriculum covering areas such as financial modelling, derivatives, and private equity.
- The school's close proximity to Wall Street provides students with unique networking opportunities and access to industry leaders.
- Wharton's Finance Club and various student-led initiatives offer hands-on experience and exposure to real-world financial scenarios.
3. London Business School (LBS), UK:
- LBS is a leading European business school known for its diverse student body, global perspective, and strong ties to the finance industry.
- The MBA program offers specialised tracks in finance, including asset management, investment banking, and fintech.
- LBS's location in London, a global financial hub, provides students with access to internships, job opportunities, and networking events with leading financial institutions.
4. INSEAD, France/Singapore:
- INSEAD's MBA program is renowned for its international focus, diverse cohort, and rigorous academic curriculum.
- The school offers a Finance Specialization, allowing students to deepen their knowledge in areas such as corporate finance, capital markets, and financial strategy.
- INSEAD's campuses in France and Singapore offer students a truly global experience and exposure to diverse business environments.
5. Stanford Graduate School of Business, USA:
- Stanford GSB's MBA program emphasises innovation, entrepreneurship, and finance leadership.
- The school offers a range of finance-related courses, including venture capital, private equity, and financial analysis.
- Stanford's location in Silicon Valley provides students with unique opportunities to explore the intersection of finance and technology, making it an attractive choice for students interested in fintech and innovation.
6. HEC Paris, France:
- HEC Paris offers a comprehensive MBA program with a strong focus on finance, entrepreneurship, and leadership.
- The school's Finance Club and Career Center provide students with access to internships, job placements, and networking opportunities in the finance industry.
- HEC's strong alumni network and reputation in the finance sector make it a preferred destination for students seeking career advancement in banking and finance.
These universities are highly regarded for their MBA programs in Banking and Finance, offering students a unique opportunity to gain valuable skills, industry insights, and global exposure essential for success in the competitive field of finance.
MBA (Banking and Finance) Online Courses
MBA (Banking and Finance) online courses provide a flexible and convenient option for professionals seeking to advance their careers in the financial industry while balancing work and personal commitments. These online programs offer a comprehensive curriculum, expert faculty, and interactive learning platforms, enabling students to acquire in-depth knowledge and skills in banking, finance, and related fields. Here are some key aspects of MBA (Banking and Finance) online courses:
Aspect | Description |
Flexible Learning Environment | Online MBA programs in Banking and Finance offer the flexibility for students to study from anywhere in the world, at their own pace, and on their own schedule. This flexibility is particularly advantageous for working professionals who may have busy schedules or geographical constraints that make attending traditional on-campus classes challenging. |
Comprehensive Curriculum | MBA (Banking and Finance) online courses cover a broad spectrum of topics relevant to the banking and finance sector, including financial analysis, risk management, investment banking, corporate finance, and financial markets. The curriculum is carefully designed to provide students with a robust foundation in finance theory and practical skills necessary for managerial roles in the banking industry. |
Interactive Learning Platforms | Online MBA programs utilise advanced technology and interactive learning platforms to deliver course materials, lectures, assignments, and assessments. These platforms often feature multimedia content, discussion forums, virtual classrooms, and real-time chat sessions, facilitating engagement and collaboration among students, faculty, and peers in a dynamic virtual learning environment. |
Expert Faculty | Online MBA programs in Banking and Finance are taught by experienced faculty members who are experts in their respective fields. These faculty members possess extensive industry experience and academic credentials, ensuring that students receive high-quality instruction, mentorship, and guidance throughout the program. |
Networking Opportunities | Despite being delivered online, MBA (Banking and Finance) programs offer numerous networking opportunities for students to connect with industry professionals, alumni, and peers. Virtual networking events, discussion forums, and collaborative projects enable students to build valuable professional relationships and expand their network within the finance industry. |
Practical Experience | Many online MBA programs in Banking and Finance integrate practical learning experiences, such as case studies, simulations, and capstone projects, to provide students with hands-on experience and real-world application of theoretical concepts. These practical experiences help students develop critical thinking, problem-solving, and decision-making skills essential for success in the finance sector. |
Career Support Services | Online MBA programs often provide comprehensive career support services to assist students in advancing their careers in the banking and finance industry. These services may include resume writing assistance, interview preparation, job placement support, and access to alumni networks and job boards, helping students navigate their career paths and achieve their professional goals. |
Global Perspective | Online MBA programs attract a diverse cohort of students from various backgrounds and geographical locations, fostering a global perspective on banking and finance. This diversity enriches the learning experience, exposes students to different cultural perspectives, and prepares them to excel in multicultural and globalised business environments within the finance sector. |
Demanding Online MBA (Banking and Finance) Courses
Demand for online MBA (Master of Business Administration) programs specialising in Banking and Finance has been steadily increasing due to several factors that make them highly appealing to professionals in the financial industry. These online courses cater to the needs of individuals seeking to advance their careers, acquire specialised skills, and stay competitive in the dynamic landscape of banking and finance. Here are some reasons why online MBA programs in Banking and Finance are in high demand:
Name of Course | Course Provider | Fees (in INR) |
Online MBA in Banking and Finance | Coursera | 50,000 - 1,00,000 |
Master of Business Administration (Banking & Finance) | edX | 60,000 - 1,20,000 |
MBA in Banking and Finance | Udemy | 40,000 - 80,000 |
Online MBA with Banking and Finance Specialization | Simplilearn | 70,000 - 1,50,000 |
MBA in Finance and Banking | FutureLearn | 55,000 - 1,25,000 |
Courses After MBA (Banking and Finance) Degree
After completing an MBA in Banking and Finance, individuals have many options further to enhance their knowledge, skills, and career prospects. Here are some popular courses that individuals can consider pursuing after completing their MBA in Banking and Finance:
1. Certified Financial Planner (CFP):
This certification is ideal for professionals looking to specialise in financial planning. It covers areas such as investment, retirement, tax, and estate planning.
2. Chartered Financial Analyst (CFA):
The CFA designation is highly respected in the finance industry and is ideal for individuals interested in investment management. It covers portfolio management, equity analysis, and fixed-income analysis.
3. Financial Risk Manager (FRM):
The FRM certification is designed for professionals who specialise in risk management. It addresses issues including credit risk, operational risk, and market risk.
4. Certified Information Systems Auditor (CISA):
This certification is ideal for individuals interested in the intersection of finance and technology. It covers topics such as information systems auditing, control, and security.
5. Certified Treasury Professional (CTP):
The CTP certification is ideal for professionals working in treasury management. It covers topics such as cash management, risk management, and corporate finance.
6. Chartered Accountant (CA):
The CA designation is ideal for individuals interested in accounting and auditing. It covers topics such as financial reporting, taxation, and audit.
7. Master of Finance (MFin):
This postgraduate degree is ideal for individuals looking to deepen their knowledge of finance. It covers advanced topics in finance, such as financial econometrics, derivatives, and corporate finance.
8. Master of Financial Risk Management (MFRM):
This postgraduate degree is ideal for individuals looking to specialise in risk management. It covers financial modelling, risk assessment, and risk mitigation strategies.
9. Ph.D. in Finance:
For those interested in academia or research, a Ph.D. in Finance can be pursued. This doctoral program allows individuals to conduct original research in financial markets, corporate finance, and risk management.
10. Professional Certification in Banking (PCB):
This certification is ideal for professionals looking to specialise in banking. It covers banking operations, credit analysis, and banking regulations.
11. Diploma in Banking and Finance:
This diploma program is ideal for individuals seeking foundational knowledge in banking and finance. It covers financial markets, banking products, and risk management.
12. Master of Business Administration (MBA) with a Specialization:
Individuals can also consider pursuing a second MBA specialising in areas such as finance, marketing, or operations to enhance their knowledge and skills further.
In conclusion, numerous courses are available for individuals to pursue after completing an MBA in Banking and Finance. These courses can help individuals specialise in specific areas, enhance their career prospects, and stay updated with the latest trends and developments in the finance industry. It is essential for individuals to carefully consider their career goals and interests before choosing a course to ensure that it aligns with their professional aspirations.
