MBA Bank Jobs: List of Bank Jobs for MBA Freshers

MBA or Masters in Business Administration (MBA) is one of the most desired options for students after graduation. The scope of MBA provides better career growth, a lot of exposure and imbues to various soft skills, making this degree one of the most sought after and desirable degree, with several MBA benefits for jobs in the banking sector. However, many students find it hard figuring out which career options they should pursue after completing their MBA degree and wonder ‘How does MBA help in banking sector jobs and the finance sector.

Keep reading this blog to know more about the bank jobs for MBA freshers.

What is an MBA in Banking and Finance?

• An MBA in Banking and Finance is a specialised MBA program that focuses on preparing students for careers in the banking and finance sectors. 
• This program provides a comprehensive understanding of financial management, investment analysis, risk assessment, banking operations, and related areas, equipping graduates with the knowledge and skills needed for roles in banks, financial institutions, and other finance-related organisations. 
• It often includes coursework, case studies, and projects tailored to the specific needs of the financial industry.
• Graduates with an MBA in Banking and Finance are well-prepared for various roles in the financial services industry, including positions in commercial and investment banking, corporate finance, asset management, financial consulting, and more. 

MBA Bank Jobs

There are several opportunities for MBA freshers in the banking sector in India. Here is a list of some common bank jobs that MBA graduates can consider:

Job Positions	Description	Average Salary
Chief Financial Officer	You will be responsible for managing an organisation's financial strategy, budgeting, financial reporting, and overall financial health.	₹35 LPA
Treasury Manager	You will manage investments and ensure efficient cash flow management to meet financial obligations and optimise returns.	₹19 LPA
Risk Manager	You will be responsible for identifying and assessing potential risks within an organisation, ensuring the protection of assets and compliance with regulations.	₹13 LPA
Probationary Officer	You will be responsible for customer service, account management, financial analysis, and branch operations while undergoing a probationary training period.	₹12 LPA
Investment Banking Analyst	You will be responsible for conducting financial analysis, market research, and assisting in executing financial transactions for clients, often in mergers and acquisitions, capital raising, or advisory services.	₹10 LPA
Credit Manager & Specialist	You will assess creditworthiness, manage credit risk, and make lending decisions for individuals or businesses seeking loans or credit.	₹8 LPA
Accounting Manager	You will oversee the financial accounting and reporting functions of an organisation, ensuring accuracy and compliance with accounting standards and regulations.	₹7.5 LPA
Assistant Manager	You will support higher-level management in overseeing departmental operations and may lead teams or projects.	₹6.7 LPA
Relationship Manager	You will nurture and manage client relationships, offering financial products and services while ensuring customer satisfaction and loyalty.	₹6 LPA
Management Trainee	You will go through a structured training program to develop skills and knowledge for future leadership roles within an organisation.	₹5 LPA
Compliance Officer	You will ensure that an organisation adheres to relevant laws, regulations, and internal policies.	₹4.8 LPA
Financial Analyst	You will be responsible for analysing financial data and market trends to provide insights for investment decisions, budgeting, and financial planning.	₹4 LPA
Financial Analyst	You will assess financial data, analyse market trends, and provide recommendations for investment decisions and financial planning.	₹4 LPA
Cash Manager	You manage an organisation's cash flow, ensuring that there is enough liquidity to meet financial obligations and optimise the use of surplus funds.	₹2.2 LPA

How does an MBA help in banking sector jobs?

An MBA can significantly benefit individuals seeking careers in the banking and finance sectors in several ways:

• Specialised Knowledge: MBA programs offer specialised courses in finance, banking, and related subjects, providing students with a deep understanding of financial markets, investment strategies, risk management, and banking operations.
• Skill Development: MBA programs develop critical skills such as financial analysis, quantitative analysis, decision-making, problem-solving, and leadership, which are highly valued in the banking and finance industry.
• Networking: MBA programs often provide opportunities to network with industry professionals, alumni, and fellow students, creating valuable connections that can lead to job opportunities and career growth.
• Practical Experience: Many MBA programs incorporate real-world projects, internships, and case studies that allow students to apply their knowledge to practical situations, preparing them for the complexities of the finance and banking sectors.
• Leadership and Management Skills: MBA programs emphasise leadership and management skills, which are crucial for career progression in the banking and finance industry, where individuals often move into supervisory and managerial roles.

Conclusion

Aspiring professionals have a wide range of prospects when they pursue an MBA in banking. The information, abilities, and network provided by this specialised education enable people to prosper in the dynamic and developing banking industry. You can apply for the MBA program at Sunstone if you plan to pursue an MBA postgraduate degree. You receive a lot of advantages that will help you develop your career. 70+ training and development sessions by top recruiters and industry experts, learn from expert guest faculty who are ex-IIMs and IITs, build a professional portfolio and many more benefits you get if you apply with Sunstone. 

FAQs - MBA Bank Jobs

How to get a job in a private bank?

To get a job in a private bank students are required to have a bachelor's degree in any field. Apart from this, an MBA degree in Banking and Finance will help you to gain certain skills for any job role in private banks.

What is BFSI full form?

The BFSI full form is Banking, Financial Services and Insurance. 

What is the average fee for an MBA in BFSI?

The average fee for an MBA in BFSI is ₹10,000 - ₹5,00,000