The online MBA in Banking and Insurance is a great option for students who aspire to work in the banking sector. There are lucrative and rewarding jobs for those interested in making a meaningful impact. This elective trains students to apply theoretical knowledge in many practical-intensive domains like risk management, investment banking, life insurance, and so on. Throughout the entire duration, students will be taught basic and advanced concepts to gain a comprehensive understanding of the complexities of the insurance and banking sectors.
Why Online MBA in Banking and Insurance From Chandigarh University?
Chandigarh University is an amazing place for interested students to complete their online MBA in Banking and Insurance. Here are a few reasons why Chandigarh University is the place to be:
Placements: Chandigarh University boasts of an excellent placement record, with the highest placement record being the 52 LPA package. Students there also get mentorship and guidance from 350+ mentors who work at top-notch MNCs.
Self-paced learning: Students can learn at their own pace without feeling overwhelmed and anxious over attending classes, which are suitable for candidates who have different priorities.
Modern teaching pedagogies: The course at this university emphasizes interdisciplinary training and experiential learning. Moreover, teachers are encouraged to use tested and proven teaching methods with their students to improve learning outcomes.
Accreditation: The National Assessment and Accreditation Council (NAAC) has awarded Chandigarh University an A+ grade. This is a testament to its dedication and excellence in imparting high-quality education for the modern age.
Syllabus & Curriculum
The entire online MBA in Banking and Insurance course is spread over 2 years, equivalent to 4 semesters. Students are required to take different papers apart from banking and insurance, especially in the first two semesters. Each paper amounts to 4 credits. This training in different disciplines helps students see the interconnections between banking & insurance and other areas of study like economics, business, psychology, communication, and so on. Given below are the papers offered in all four semesters.
Semester 1
Business, Society, and Law
Financial Reporting and Analysis
Leadership & Organization Behaviour
Managerial Economics
Marketing Management
Semester 2
People Management
Consumer Behaviour
Business Research Methods
Financial Management
Operations and Quality Management
Semester 3
Strategy, Business and Globalization
Digital Marketing
Decision Science
Merchant Banking & Financial Services
Legal Aspect of Banking
Treasury & Risk Management
Corporate Insurance Management
Semester 4
Project Management
Values and Ethics
Academic Research Writing
Mutual funds and portfolio management
Banking & Insurance Management
The fees for the online MBA in Banking and Insurance program are payable via mainly two options: yearly and semester wise. The fee structure is given below:
Yearly Payments: Students can pay for the program on an annual basis. The annual fees are 82,500 rupees, which means it will be a total of 1,65,000 for two years.
Semester-wise/Quarterly Payments: If students opt for this payment option, they can pay 41,250 rupees per semester, which will total up to the same amount.
Online MBA in Banking and Insurance Admission Process
Chandigarh University follows a simple and hassle-free admission process. The steps are as follows:
Counseling Process: Interested applicants can seek the support and expertise of our admission counselors, who will provide all necessary information. Chat options are also available.
Registration Process: Students can register on the portal and submit all required details. Some documents like marksheets and certificates for X, XII, and graduation as well as proofs of identification could be requested for.
Announcement of Shortlisted Candidates: The admissions team at Chandigarh University will select candidates based on the submitted profiles.
Payment of Fees: If students are interested and wish to secure their seats for this program, then they will have to pay the fees online.
Online MBA in Banking and Insurance graduates can get to work in a variety of job roles, including but not limited to:
Relationship Manager
Wealth Manager
Loan Officer
Financial Advisor
Financial Risk Manager
Investment Banker
Equity Analyst
Foreign Exchange Trader
FAQs
What are some benefits of pursuing an online MBA in Banking and Insurance course?
The benefits include vast and lucrative career options, financial and economic knowledge, and an industry-relevant curriculum that lay the foundations for academic excellence.
What is the possible salary range for a recent MBA in Banking and Insurance graduate?
The starting salary for a fresh graduate could range between 4 lakhs and 7 lakhs annually, which could vary depending on factors like skills, certifications, and expertise.
Which industries have the highest demand for Banking and Insurance graduates?
Business consultancies, insurance firms, banking and investment firms, and other sectors constantly look for smart and dedicated banking and insurance graduates.
How does an online MBA in Banking and Insurance degree prepare students for the job market?
The degree has a unique balance of theoretical knowledge and practical training to help students excel in the job market.
What skills does this banking and insurance degree equip students with?
Students learn the basics of useful and diverse courses like financial reporting, organizational behaviour, human resources, communication skills, economics, data analysis, and so on. These papers help students learn how to behave in professional corporate settings while teaching them how to apply the learned knowledge.
Will this degree be difficult?
This banking degree follows updated curriculum and modern teaching pedagogies, which are doable and easy if students are sincere with their course work. If they are insincere, the course could quickly get difficult.
How many electives should students choose in the chosen specialization?
Students can take up to six electives in their chosen specialization. The banking and insurance electives are Corporate Insurance Management, Merchant Banking & Financial Services, Legal Aspect of Banking, Treasury & Risk Management, and others.
Will an online MBA in banking and insurance be recognized when applying for jobs?
Yes, this course is well-recognized and considered of high repute in different professional settings. Chandigarh University has earned an A+ accreditation from NAAC and has also ranked well in different ranking systems.
Are there scholarships for this banking and insurance degree?
Students can avail the 25% early bird discount when paying the fees, which helps in making the program affordable.
What modern teaching methods does Chandigarh University follow?
The online MBA program at Chandigarh University utilizes the Learning Management system, continuous evaluation, online proctor-monitored end examinations, and live lectures to help students learn well.