MBA Banking & Insurance: Admission 2025, Syllabus, Eligibility, Colleges, Careers

MBA Banking & Insurance is a 2-year postgraduate program designed to equip individuals with the knowledge and skills needed for leadership roles in the banking and insurance sectors. The program focuses on core business management principles with specialized training in areas like financial analysis, risk management, and regulatory frameworks specific to these industries.

Eligibility criteria for MBA in Banking and Insurance is to obtain 50% in bachelor's degree, preferably in Commerce stream. However, candidates from other backgrounds can also apply. Admission is primarily based on common entrance exams like CAT, XAT, or institute-specific exams and personal interview rounds.

MBA Banking & Insurance can be pursued at D.Y. Patil University, Amity University, Parul University, UPES Online, MAHE Online, etc.These colleges offer both on-campus and online learning with flexible timing. The course fee ranges between INR 5 to 10 Lakhs for regular, on-campus MBA programs.

MBA in Banking and Insurance jobs are generally associated with Financial consultancy firms, life insurance agencies, and Banking sector. Graduates can earn around INR 4 to 8 LPA based on their job role & responsibilities.

MBA Banking & Insurance Key Highlights

The key highlights of MBA in Banking and Insurance are tabulated below.

What is an MBA in Banking & Insurance?

MBA in Banking and Insurance is a specialised master's degree program focusing on financial services.

• It covers core banking operations, insurance principles, and risk management.
• It integrates general management with industry-specific financial knowledge.
• The curriculum of the MBA in Banking and Insurance prepares professionals for diverse roles in the BFSI sector, as it involves projects based on real challenges of the banking business.
• The program provides in-depth learning under the supervision of industry leaders during internships.

Why Study MBA Banking & Insurance

Perks of studying Master of Business Administration Banking & Insurance are as follows;

• It addresses the growing demand for skilled professionals in a booming sector.
• It provides specialized knowledge and practical skills for financial careers.
• The program opens doors to high-growth job profiles with competitive salaries.
• Graduates get opportunities for leadership and strategic finance roles.
• It is possible to pursue an MBA Insurance and Banking in an Online and flexible Learning mode, ensuring you balance both job and education.

Who should study MBA Banking & Insurance?

MBA Insurance and Banking is a perfect choice for graduates with a keen interest in finance, banking, and insurance.

• Working professionals seeking career advancement should pursue an Online MBA Banking & Insurance from a Distance Learning mode.
• Individuals aiming for roles in financial analysis, credit, risk, and wealth management will find this program an ideal fit for them.
• Those aspiring to understand the intricacies of the financial landscape must study MBA in Banking and Insurance to excel in this field..

MBA Banking & Insurance Eligibility Criteria

MBA Insurance and Banking eligibility criteria include a minimum of 50% in a bachelor’s degree from a UGC-recognised university.

• A commerce background is preferred for this program.
• However, some universities grant admission to candidates with other backgrounds as well.
• Qualifying national or state-specific common entrance exams is required, as admission is based on entrance exam merit as well as performance in PI and GD rounds.

MBA Banking & Insurance Entrance Exams

Admission to the MBA in Banking and Insurance is primarily based on CAT or other State-specific common entrance exams. Students can also consider MAT, CMAT, CUET PG, etc, for admission in MBA Insurance and Banking.

MBA Banking & Insurance Colleges in India

MBA Banking & Insurance is offered by most Business Management Schools in India. Some of the universities offer integrated MBA programs in Banking & Insurance or Finance. Here are the best MBA Insurance and Banking or MBA in Banking & Financial Services colleges for your reference.

MBA Banking & Insurance Admission Process

Admission to MBA Insurance and Banking is based on merit of common entrance exam or institute-specific exam, PI, and GD performance. Application is generally online for most universities. Aspirants are advised to go through the admission guidelines and selection criteria before applying to any institute. Here is a step-by-step explanation of the MBA Banking & Insurance admission process followed by Amity University, Noida.

Step 1: Go to the official website of Amity University, Noida Campus

Step 2: Scroll down and click on “Apply Now” button given below the fee structure tab.

Step 3: IT will direct you to the registration tab. Register yourself for a new application.

Step 4: Post registration, log in to open an application form. Fill out the form with required information such as educational, personal, and contact details. Also, upload all required documents (original copies).

Step 5: Select the program as “MBA Banking & Insurance” from the PG program category.

Step 6: Make application payment to submit your candidature.

Step 7: Amity University will verify your application and prepare a merit list of shortlisted students. You will receive a confirmation email, if shortlisted for further PI/GD rounds.

Step 8: After final selection, you will have to make payment of tuition fees to confirm your seat.

Documents Required:

• Original Marksheet of 10th and 12th grade, Graduation certificate
• School Leaving Certificate
• Caste Certificate (if applicable)
• Birth Certificate
• ID Proof (Aadhar/ PAN/ Passport)
• Passport-size Photograph
• Entrance Exam Score Card

MBA Banking & Insurance Syllabus

MBA Insurance and Banking syllabus typically includes core management subjects like finance, marketing, and operations, alongside specialized courses in banking, insurance, and financial services. The table below details a semester-wise MBA in Banking and Insurance syllabus followed by Amity University.

MBA in Banking & Insurance VS MBA in Banking & Finance

Mentioned below is the comparison between an MBA in Banking & Insurance and MBA in Banking & Finance:

MBA Banking & Insurance Job Opportunities in India

MBA Banking & Insurance jobs are tabulated below with potential recruiters, required experience, and salary range. Graduates can find jobs as Insurance Analyst, Credit & Risk Manager, Financial Analyst, PR Manager, etc.

MBA Banking & Insurance FAQs