Online MBA In Banking Financial Services and Insurance

This course is designed for freshers and working professionals who wish to excel in the banking and finance sector. Such aspirants must have graduated from recognized universities.  This 2 year course consists of 4 semesters which deals with different subjects and topics, which help to develop a broader view of the BFSI sector. 

This course hones the skills of the students like effective problem solving skills, enhanced analytical skills, and improved strategic thinking. BFSI allows students to choose from diverse job roles in their career. Being a highly demanded MBA specialization, this course is offered by many top and renowned universities in the regular as well as the online mode of education.

An online MBA in Banking, Financial Services and Insurance ( BFSI ) is a highly pursued course, with additional benefits because of the online mode of delivery. One of the major advantages is the affordable fee structure, the flexible study schedule is just the cherry on the top.

Key Highlights of Online MBA - Banking, Financial Services, and Insurance

• Online MBA - Banking, Financial Services, and Insurance is a 2 year postgraduate course.
• This is a UGC-DEB approved course to be delivered in the online learning mode. 
• Candidates who wish to apply for this course must have a Bachelor's degree.
• This course offers intensive knowledge in the BFSI sector through subjects like insurance management, banking management, financial risk management, ALM, treasury management etc. 
• This postgraduate course consists of 4 semesters, with the last semester including a major project.

Online MBA - Banking, Financial Services, and Insurance Subjects

This course offers intensive knowledge to students with different subjects. Mentioned below are a few subjects that students will get to learn in their time period of 2 years. 

• General Insurance Management 
• Bank Management and Financial Risk Management 
• Financial Statement Analysis and Business Evaluation 
• Principles and Practices of Insurance 
• Financial Services
• ALM and Treasury Management
• Basel Regulations and Risk Management in Banking 
• Life Insurance Management 

Online MBA - Banking, Financial Services, and Insurance Eligibility

In order to be eligible to apply to this online course, students need to meet certain basic criteria. The eligibility criteria for this MBA program in BFSI is minimal and basic. Some universities may have their specific additional requirements but few basic criteria to meet are: 

• Candidate should be a graduate and must have secured at least 45% to 55% aggregate marks in the qualifying examination.  
• The candidate should have completed graduation from a recognized university. 
• Some universities may consider the scores of the student in management entrance exams like CAT. 

Online MBA - Banking, Financial Services, and Insurance Duration

The duration of Online MBA - Banking, Financial Services, and Insurance is 2 years. In this time period of 2 years, there are 4 academic semesters. They are given a maximum period of 4 years to complete the course.

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Online MBA - Banking, Financial Services, and Insurance Admission Procedure

There is a similar general admission criteria in most online universities for this course. Mentioned below are the steps candidates need to follow: 

• Go to the official website of the university. 
• Register as a new user with basic details.
• The required details should be filled in correctly in the application form.
• Upload the required documents like proof of identity, Aadhar card, photograph, Class 10 Marksheet, Class 12 marksheet, and Graduation Marksheet. 
• Pay the registration/application fees.
• After verification of the application, the university will inform the candidate about the status of their admission.  

Online MBA - Banking, Financial Services, and Insurance Academic Fees

The average academic fee for an online MBA - Banking, Financial Services, and Insurance ranges between INR 1,00,000 to INR 3,00,000. The fees may vary according to the university you chose. Many universities provide financial support features for this course such as EMI facility or educational loans.

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Job Opportunities For Online MBA - Banking, Financial Services, and Insurance

Students with MBA courses online can apply to a number of private and government job sectors in the banking and financial domain. Being a fast-evolving and expanding sector, there are vast job options and roles to explore in this field. Some of the diverse job roles students can apply for after completing their post-graduation in online MBA - Banking, Financial Services, and Insurance are: 

• Bank Manager
• Finance Officer
• Insurance Advisor
• Financial Consultant 
• Investment Banker 

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