Full-time Master of Business Administration (MBA) and Postgraduate Diploma in Management (PGDM) programs are offered by several of India's top management schools, but not everyone has access to them. They can achieve their goal of becoming an MBA professional through a program. The Part-Time MBA in Banking and Finance program is now offered by a wide variety of MBA institutes in India. Top Indian universities like MDI, IMT, Symbiosis, and all offer excellent Part-Time Master of Business Administration (MBA) programs. In addition, the Part-Time MBA in Banking and Finance offered by IIMs has helped popularize the idea of taking such courses.
The Full-Time MBA course schedule and content are comparable to the Part-Time MBA in Banking and Finance. Because Part-Time MBA programs take place on evenings and weekends and after typical business hours, they are more flexible than a full-time MBA. Part-Time MBA in Banking and Finance programs are great for those looking to advance their careers or those who are already employed. They form partnerships and might interact directly with other professionals.
|Course Name||Part-Time MBA in Banking and Finance|
|Course Duration||2 Years to 3 Years|
|Eligibility Criteria||Graduation in any discipline with a minimum of 50%|
|Entrance Exams||CAT, XAT, GMAT, SNAP, NMAT, CMAT|
|Admission process||Entrance Exam + Group Discussion + Personal Interview (GD-PI)|
|Examination Type||Semester based|
|Age||No age limit|
|Average Annual Fees||INR 80,000-6,00,000|
|Average Annual Salary||INR 8,00,000-15,00,000|
|Top recruiters||Amazon, Apple, Procter & Gamble, Tata Consultancy Services, Wipro, Infosys, Accenture, Deloitte, IBM, Microsoft|
|Job Profiles||Financial Analyst, Investment Banking Associate, Corporate Banking Associate, Wealth Management Advisor, Risk Management Consultant, Credit Analyst, Equity Research Analyst, Portfolio Manager, Financial Consultant, Business Development Officer|
(i). Knowledge and skill development customized exclusively for the financial sector are provided by the Part-Time MBA in Banking and Finance, which offers comprehensive knowledge and specialized abilities. The course material includes a wide range of subjects, including corporate finance, risk management, and investment methods. Students are better able to comprehend the complexities of banking and finance thanks to this thorough education, making them more valued employees.
(ii). Prospects for Career Growth: The curriculum creates a variety of career growth prospects within the financial sector. Graduates can work in corporate finance, wealth management, investment banking, risk analysis, and other fields. Professionals who pursue a part-time MBA improve their leadership and decision-making skills, positioning themselves for higher-level roles and more responsibility within their firms.
(iii). The key benefit of a part-time MBA is its flexibility for working professionals. Students can instantly use their newly acquired information and abilities in real-world settings because they can maintain a full-time job while taking classes part-time. This not only gives their education more real-world application but also enables them to retain their financial security while they are in school.
An application for a Part-Time MBA is quite similar to one for a Full-Time MBA. The procedure and the prerequisites are both the same. Several procedures are used to provide admission to Part-Time MBA programs. Admission to Part-Time MBA institutions is often determined by both entrance and merit exams.
Here are some of the common types of Part-Time MBA in Banking and Finance courses offered by different institutes and universities:
(ii). Executive MBA (EMBA): These programs are created for individuals in the workforce who have significant managerial experience. These programs are designed to satisfy the demands of executives looking for advanced knowledge and skills and often provide a specialization in banking and finance.
(iii). Weekend MBA in Banking and Finance: Programs for working professionals who can attend classes on the weekends while maintaining a full-time job are called weekend MBAs. These courses enable professionals to expand their knowledge without interfering with their workdays.
The eligibility requirements for the Part-Time MBA in Banking and Finance are less strict than those for the standard MBA. The objective of this program is to identify applicants who are employed, professionals.
(i). A minimum of 50% in any of the following degrees B.A., B.Com., B.BA., B.Tech., or B.Sc or an equivalent grade point average (CGPA) must have been earned in the applicant's field of study at an accredited university.
(ii). Applicants require An average of between three and five years of job experience.
(iii). Only a few institutions that offer Part-Time MBA degrees include an age restriction. Some institutions specify that the applicant's age should be between 27 and 50 years old.
The majority of MBA schools/colleges in India Favour applicants who have passed admission tests. Students must take the entrance exam and pass the cutoff to get admitted to the best Part-Time MBA in Banking and Finance
(i). Students must submit an online application to the institute, which is available on the website of the institution
(ii). Students must take the entrance exam and achieve the necessary cutoff after completing the enrollment form and completing the application cost.
(iii). The university admissions office will receive applications from candidates who pass the entrance exam
(iv). The university evaluates a pool of submissions and determines whether the applicants' entrance test scores satisfy their requirements.
(v). Candidates who receive the required scores are contacted for individual and group interviews.
(vi). Admission is granted if all of the required paperwork is in order and the test results are accurate. Entry tests for Part-Time MBA in Banking and Finance.
Below is a list of some of the entrance exams for pursuing a Part-Time MBA in Banking and Finance in India
After getting their degrees, many people look for Part-Time MBAs in Banking and Finance in India jobs. This is because people expect someone with an MBA to work as a boss in many different kinds of businesses. A good manager can do well in several different jobs and responsibilities. A boss not only knows how to talk to people well but also needs skills in how to inspire and lead them. Here are some of the skills required for a Part-Time MBA in Banking and Finance in India.
|Communication Skills||Problem-Solving Skills|
|Leadership Abilities||Time Management|
|Teamwork and Collaboration||Decision-Making Skills|
|Conflict Resolution||Strategic Planning|
|Emotional Intelligence||Resource Allocation|
The costs Part-Time MBA in Banking and Finance consider those components like location, faculty, demand, infrastructure, and the resources to which students may also have access to all important factors. In India, the average cost of a Part-Time MBA in Banking and Finance
|Name of College||Average Annual Fee(INR)|
|Indian School of Business Management and Administration, Chennai||INR 1,50,000|
|Bhagwant University Ajmer (BUA),Ajmer||INR 2,40,000|
|Symbiosis School for Online and Digital Learning, Pune||INR 3,00,000|
|Institute of Administrative Studies (IASINDIA, Bihar), Muzaffarpur||INR 50,000|
|ICFAI University – Distance Education, Bangalore||INR 65,000|
|Suresh Gyan Vihar University Distance Education - Talentedge, Hyderabad||INR 65,000|
|Wisdom School of Management, Kanpur||INR 16,000|
|Wisdom School of Management, Gorakhpur||INR 16,000|
|Welingkar Institute of Management Development and Research, Mumbai||INR 2,50,000|
|Xavier Institute of Management, Bhubaneswar (XIMB), Bhubaneswar||INR 2,80,000|
The selection process for a Part-Time MBA in Banking and Finance involves multiple steps. Applicants submit applications, take entrance exams, and undergo personal interviews to assess their knowledge, communication skills, and desire for the program. The overall process evaluates candidates' academic skills, work experience, and personal qualities to ensure a good fit for the school.
|Parameter||Part-Time MBA in Banking and Finance||Part-Time MBA in Marketing Management|
|Course Name||Part-Time MBA in Banking and Finance||Part-Time MBA in Marketing Management|
|Course Overview||The Part-Time MBA in Banking and Finance Administration equips developing executives with the skills necessary for a successful career in banking and money fields, consolidations, acquisitions, and properly managing the resources of a banking or insurance agency.||The strategies, tools, and research employed to promote a business are referred to as marketing management. A Part-Time MBA in Banking and Finance is a two to three-year postgraduate course of study in India. Today, no business can grow in popularity without effective sales and marketing tactics.|
|Duration||2-3 years||2-3 years|
|Eligibility||Bachelor's degree||Bachelor's degree|
|Entrance Exams||CAT, MAT, XAT, CMAT, GMAT||CAT, MAT, XAT, CMAT, GMAT|
|Average Annual Fees||INR 80,000-6,00,000||INR 80,000-6,00,000|
|Top Colleges||Xavier Institute of Management, Bhubaneswar (XIMB), Wisdom School of Management, Symbiosis School for Online and Digital Learning.||Indian Institute of Management Ahmedabad (IIM-A), Indian Institute of Management Bangalore (IIM-B), Indian School of Business (ISB Hyderabad)|
Some of the best schools that offer Part-Time MBA in Banking and Finance Specialization courses and other information are listed below:
|Name of College||Location|
|Indian School of Business Management and Administration||Chennai|
|Bhagwant University Ajmer (BUA)||Ajmer|
|Symbiosis School for Online and Digital Learning||Pune|
|Institute of Administrative Studies (IASINDIA, Bihar)||Muzaffarpur|
|ICFAI University – Distance Education||Bangalore|
|Suresh Gyan Vihar University Distance Education - Talentedge||Hyderabad|
|Wisdom School of Management||Kanpur|
|Wisdom School of Management||Gorakhpur|
|Welingkar Institute of Management Development and Research||Mumbai|
|Xavier Institute of Management, Bhubaneswar (XIMB)||Bhubaneswar|
The following is a list of public and private universities that Part-Time MBA in Banking and Finance Specialization and provide programs in Marketing:
|Type of College||Name of College|
|IIM Raipur - Indian Institute of Management|
|Welingkar Institute of Management Development and Research|
|Symbiosis Institute of Business Management Pune|
|Xavier School of Management Bhubaneswar|
After completing a Part-Time MBA in Banking and Finance, professionals can get numerous opportunities in the public and private sectors. Here are some of them listed below.
Following are some of the job profiles available after a Part-Time MBA in Banking and Finance
|Job Profile||Job Description|
|Investment bankers||These monetary professionals assist various organizations in raising funds by issuing stocks and other securities. Investment bankers are typically found working for investment banks, and other businesses involved in managing money.|
|Loan officers||Loan officers are employed in the banking sector and are in charge of reviewing and approving applications for contracts, auto loans, student loans, and other forms of funding. Banks and specific monetary administration companies are employers of these officers.|
|Financial Advisor||A financial advisor is knowledgeable about the range of financial services, such as resource management and retirement planning. Most financial professionals frequently keep their knowledge in specific areas of financial administration, including managing individual resources, up to date.|
|Chief Financial Officer (CFO)||The association receives operational and automatic assistance from the CFO. As the association's top financial official, the CFO is in charge of the fund division. They directly answer to the CEO (President/Chief Executive Officer).|
|Manager of Business Relationships||This manager acts as a liaison between corporate administrations and the business. They have a wealth of knowledge on subjects about both business and customer service.|
The table below contains some of the top recruiters that Part-Time MBA in Banking and Finance graduates, as follows:
|ICICI Bank||HDFC Bank|
|Axis Bank||State Bank of India (SBI)|
|Kotak Mahindra Bank||Yes Bank|
|IndusInd Bank||IDFC First Bank|
|Punjab National Bank (PNB)||Federal Bank|
|Bank of Baroda||Canara Bank|
|Union Bank of India||Bank of India|
Depending on their position, graduates may earn varying quantities of money In addition to qualifications, location, and field of work, several other variables may influence the income of a Part-Time MBA in Banking and Finance in India In addition, as candidates gain more experience and exposure to the real world, they may advance to better positions and receive higher pay grades A graduate with a typically earns between INR 8, 00,000 and INR 20, 00,000 per year:
|Job Role||Average Salary (per annum)|
|Financial Analyst||INR 6,00,000 - INR 8,00,000|
|Credit Analyst||INR 7,00,000 - INR 9,00,000|
|Relationship Manager (Retail Banking)||INR 8,00,000 - INR 10,00,000|
|Investment Banking Analyst||INR 9,00,000 - INR 12,00,000|
|Wealth Manager||INR 10,00,000 - INR 14,00,000|
|Risk Manager||INR 10,00,000 - INR 15,00,000|
|Portfolio Manager||INR 12,00,000 - INR 18,00,000|
|Corporate Banking Manager||INR 12,00,000 - INR 20,00,000|
Despite being the newest addition to the business school curriculum, many working professionals now prefer a Part-Time MBA in Banking and Finance Specialization program. A Part-Time MBA in Banking and Finance focuses more on developing managerial abilities than on finding new jobs. Unlike a full-time MBA, this is because you are not required to abandon your employment. After finishing this course, you are more likely to get Part-Time MBA in Banking and Finance opportunities and experience professional progression at your current organization. Many MBA colleges now organize Part-Time MBA programs, and little placement help is provided. They are today, however, regarded as fairly standard for professional development.
The demand for students with Part-Time MBA in Banking and Finance degrees is constant. After earning a Part-Time MBA, opportunities in Financial Analysis, Credit Analysis, Retail Banking, Investment Banking, Wealth Management, Risk Management, Corporate Finance, Portfolio Management, Financial Consulting, Treasury Management, and other fields are available. Examine the following list of positions available to graduates: Here are some potential career options for individuals with a Part-Time MBA in Banking and Finance:
(i). Financial Analyst.
(ii). Credit Analyst.
(iii). Relationship Manager (Retail Banking).
(iv). Investment Banking Analyst.
(v). Wealth Manager.
(vi). Risk Manager.
(vii). Portfolio Manager.
(viii). Corporate Banking Manager.
Numerous benefits and prospects for higher education can be found with a Part-Time MBA in Banking and Finance. Here are a few potential advantages of pursuing a Part-Time MBA in Banking and Finance and the related opportunities, while the precise benefits may vary based on individual circumstances and market conditions:
(i). Career Advancement: This course may help you progress your career inside your present company or in other banking and finance-related positions.
Many abilities are needed to succeed as a Part-Time MBA in Banking and Finance graduate, including those that will help to accelerate personal learning curves and build a practical mindset that must be ingrained in the continuous learning environment.
5. Team Work.
6. Customer Service.
7. Social Skills.
(1). What is a Part-Time MBA in Banking and Finance?
Ans. The Part-Time MBA in Banking and Finance Administration equips developing executives with the skills necessary for a successful career in banking and money fields, consolidations, acquisitions, and properly managing the resources of a banking or insurance agency.
(2). What is the average fee structure for a Part-Time MBA in Banking and Finance?
Ans. The average Part-Time MBA in Banking and Finance fees charged by colleges or universities in India lie anywhere between INR 80,000-6,00,000 per year.
(3). What is the expected salary for a Part-Time MBA in Banking and Finance?
Ans. The expected salary for a Part-Time MBA in Banking and Finance graduate is around INR 8,00,000- 15,00,000 per annum.
(4). What are the eligibility criteria for admission to a Part-Time MBA in Banking and Finance?
Ans. The eligibility standard for Part-Time MBA in Banking and Finance is that applicants have to have finished graduation with 50%.
(5). What is the admission process for Part-Time MBA in Banking and Finance?
Ans. The admission process for Part-Time MBA in Banking and Finance is both merit-based and entrance based.
(6). What is the duration of a Part-Time MBA in Banking and Finance?
Ans. Part-Time MBA in Banking and Finance is from two to three years course segregated into four equal semesters of 6 months.
(7). What are the top MBA entrance examinations?
Ans. CAT, XAT, GMAT, SNAP, NMAT, and CMAT are some of the top MBA entrance examinations for a Part-Time MBA in Banking and Finance
(8). What are some of the best colleges for this course program?
Ans. The best Colleges for Part-Time MBA in Banking and Finance programs are Xavier Institute of Management, Bhubaneswar (XIMB), Wisdom School of Management, Symbiosis School for Online and Digital Learning.
(9). What are some of the most popular job profiles for a Part-Time MBA in Banking and Finance?
Ans. Financial Analyst, Investment Banking Associate, Corporate Banking Associate, Wealth Management Advisor, Risk Management Consultant, Credit Analyst, Equity Research Analyst, Portfolio Manager, Financial Consultant, and Business Development Officer are some of the most popular job profiles for a Part-Time MBA in Banking and Finance.
(10). After completing a Part-Time MBA in Banking and Finance, will I be placed?
Ans. Because the majority of candidates are working professionals and the majority of Part-Time MBAs are sponsored by firms to the employees, the majority of corporations do not give placements for a Part-Time MBA in Banking and Finance.
(11). How do a Part-Time MBA in Banking and Finance and a full-time MBA differ from one another?
Ans. Time commitment and scheduling flexibility are the key differences between a Part-Time MBA in Banking and Finance and a Full-Time MBA. Students who enroll in Part-Time programs can continue to work while completing their education, frequently attending classes in the evenings or on weekends. While full-time programs often demand students to devote themselves to their studies full-time, they also offer less flexibility for working professionals and a quicker finish time.