Have you heard the story of the “Ant and the Grasshopper”? For the uninitiated, here is a quick retelling of the children’s fable.
One day, while a grasshopper was eating all it wanted and laying down in the meadow, it noticed an ant, hard at work, carrying a load ten times itself. It called out to the ant saying, “Why are you storing so much food? Come here and have fun with me. There’s plenty of food anyway!”
The ant replied, “Why aren’t you saving up for winter already?”. The grasshopper, too proud of its own abilities, replied, “I don’t need to store anything for winter. I’m too fast. I’ll just find food somewhere else before you could even think of getting to it!”
When winter came, the grasshopper realized that it had made a terrible mistake by not saving any food, while the ant had plenty to feed itself and its entire clan.
What’s the connection between this story and financial management?
Financial management can pretty much be summed up by this analogy – it teaches you the importance of future planning. If you need to ensure that you have enough savings for tomorrow, you need to carefully plan what you must do with the capital today.
With the growth of Banking, Financial Services, and Insurance (BFSI) due to the rise in per-capita income, innovations in technology, the introduction of new products, and improved networking, the need for graduates with financial knowledge is on the rise.
But to have the sound financial knowledge and to help others (read clients), one must possess the necessary technical know-how about how the world of banking and finance works. Towards this end, an MBA in banking and finance may become a lifesaver of sorts.
A Master of Business Administration (MBA) degree helps you forge a great career and work for large organisatons across the world. It is one of the most sought-after programs worldwide and is pursued by those who are looking to kick-start their careers in business and management.
An MBA degree offers many specializations that students can choose from including:
Business Management
Data Analytics
Entrepreneurship
Finance
Human Resources Management (HR)
Healthcare Management
Information Technology
International Business
Marketing Management
Supply Chain Management and Logistics
An MBA in Banking and Finance is a two-year degree that is designed to provide students with a strong foundation in the field of banking and finance, thereby preparing them to play important roles within financial institutions.
What is the difference between an MBA in Banking and MBA in Finance?
An MBA in Banking is generally considered to be a sub-field of finance. A specialization in banking can help one to be prepared for the banking sector. Pursuing an MBA in banking will help graduates to specialize in several functions related to banking including:
Profit maximization
HR Policy
Marketing Policy
Finance is a rather vast sector with several sub-fields including banking, equity, investment, portfolio management, and others. Therefore, an MBA in finance could help one to learn more about the finance sector, thereby gaining firsthand knowledge about all aspects of the field and making them ready for various roles related to financial services and management.
Some of the differences between an MBA in banking and an MBA in finance are discussed below to understand how the specializations may differ from one another when offered separately.
MBA in Banking
MBA in Finance
Courses (offered as part of the syllabus)
Enterprise and innovation
Banking accounting & audit
Business Research & methods
Retail assets & rural banking
Risk management in banking
Corporate investment management
International Financial Markets and Cryptocurrencies
Macroeconomic Policy and Financial Markets
Career Opportunities
Investment Banker
Bank Management
Asset Management
Accounting
Retail Banking
Customer Relationship Management
Sales Executive
Equity Management
Financial Analysis
Financial Advisor
Stock Market Analysis
Portfolio Management
Average salary packages
USD 150,000
USD 160,000
Generally, an MBA in banking and finance is offered together as a choice of specialization across top management schools and universities.
What are the career opportunities after MBA in Banking and Finance?
Recruiters from the banking and fin are always on the lookout for those with a Some of the popular career options for postgraduates who have an MBA in Banking and Finance degree include,
Accounting
Asset Management
Bank Management
Business Analytics
Corporate Finance Management
Equity Advisor
Financial Advisor
Investment Banker
Operations Management
Planning and Taxation
Portfolio Management
Retail Banking
Risk Management
Sales and Trading
Security Analytics
Stock Market Analytics
Strategic Management
Is an MBA in Banking and Finance good for Investment Banking?
In short, yes. In the modern financial-corporate world, investment banking is considered to be one of the most lucrative careers. You could equate the role of an investment banker in the financial markets to that of 007 in the field of espionage.
Investment banking involves a lot of decision-making, number crunching, and capital raising when it comes to mergers and acquisitions.
An MBA in Banking and Finance offered by most business schools generally covers investment banking as part of its core syllabus. In case investment banking is not part of the core curriculum, students may opt for the same through the several electives that are offered by the business schools.
An alternative to an MBA in Banking and Finance is a Master of Finance degree. This program provides students with an advanced understanding of traditional finance areas, as well as new developments at the intersection of technology and finance.
It is also acknowledged by industry experts that it is possible to become an investment banker without an MBA. However, it was observed that those individuals who did not have an academic background in investment banking may struggle to gain a foothold without an MBA.
Eligibility for MBA in Banking and Finance
The eligibility criteria for MBA in banking and finance varies across different business schools. However, a list of criteria may be generated to understand some of the most common requirements.
The general eligibility criteria to apply for an MBA in banking and finance program includes,
Relevant work experience in the banking and finance sectors.
Undergraduate degree in banking, finance, or other related fields. An alternative equivalent to a bachelor’s degree may also be accepted.
Competitive entrance examinations including GMAT/GRE.
English proficiency tests including IELTS/TOEFL/PTE and others.
Academic or professional reference.
Statement of purpose.
Visa or study permits.
Proof of financial capabilities to cover educational costs.
Although these are the general eligibility requirements across business schools to enroll in an MBA in banking and finance program, it may vary depending on the school or program of choice. Therefore, specific eligibility requirements for the top b-schools are covered later in this article.
How much does it cost to study MBA in Finance and Banking?
Pursuing an MBA is a very expensive affair. If you factor in studying abroad, this amount could be very large and unaffordable to most students without financial aid or scholarships. Understanding how much it costs to study at the university of your choice is the first step toward global education.
Let’s take a look at the average fee structure and other expenses that aspirants of MBA in banking and finance may be looking at across different regions.
What are the top colleges for MBA in Banking and Finance?
Let’s take a look at some of the top b-schools and universities in the world to pursue an MBA in Banking and Finance.
Name
Ranking (QS rankings list)
Duration of Program
Tuition Fees
Eligibility Criteria
Wharton School of Business, University of Pennsylvania
8
20 months
USD 84,874 (INR 69,28,264)
Relevant professional experience
Academic degrees (a college-level education equivalent to a four-year American undergraduate or baccalaureate degree)
Application Fee
Two Essays
Transcripts (unofficial or official)
Two Letters of Recommendation
GMAT/GRE/LSAT
English Language Test Score
Resume
Student visa
Booth School of Business, University of Chicago
5
21 months
USD 77,841 (INR 63,54,160)
Essays
Duly filled application form
Resumé
Two letters of recommendation
Academic and professional transcripts
GMAT/GRE scores
IELTS/TOEFL/PTE scores
Stern School of Business, New York University
10
Two years
USD 82,326 (INR 67,20,271)
Four-year bachelor’s degree from an accredited college or university in the U.S. or an equivalent degree (for Indian students, all three-year Bachelor’s degrees are sufficient to apply).
TOEFL/IELTS scores
GMAT/GRE scores
Transcripts
Essays
EQ Endorsements
Columbia School of Business, Columbia University
12
USD 80,472 (INR 65,73,878)
Academic Transcripts
Undergraduate degree or equivalent with a commendable GPA
GMAT, Executive Assessment, or GRE Score
Resumé
Essays
Recommendation/reference letters from the supervisor
Non-refundable application fee ($250/INR 20,422)
Attend interviews
Make non-refundable tuition deposits post-admission decision.
Haas School of Business, University of California, Berkeley
9
20 months
USD 76,433 (INR 62,43,926)
Submission of Berkeley MBA application
University transcripts
Resumé
GMAT/GRE scores
Essays
Two Professional Letters of Recommendation
Interviews
English Language Proficiency Test scores (IELTS/TOEFL)
Candidates must hold the equivalent of a four-year U.S. bachelor’s degree.
Rotman School of Management, University of Toronto
16
Full-time MBA – 2 years
USD $101,560 (INR 82,96,588)
One must have an undergraduate degree or its equivalent from a recognized university with a minimum GPA of 3.0 in the final year.
Once accepted, official transcripts must be submitted directly by the institution one who pursued their previous degree.
A GMAT or GRE is required for admission with the average GMAT score of most applicants being 678.
A TOEFL or IELTS is required to showcase English language proficiency. However, if a student from India has graduated from an English-language university, they do not have to submit further proof.
Relevant professional experience.
Letter of recommendation.
Admission interviews, including essay and video interviews and interviews by invitation, are the other requirements to get admitted to the Rotman School of Management.
London Business School, University of London
11
15-21 months
GBP 109,700 (INR 1,08,10,383)
English proficiency scores – IELTS, TOEFL, Cambridge CPE, CAE or PTE Academic score.
Study visa
Completed online application form
Application essays
Curriculum vitae
References
GRE/GMAT scores
Copy of university transcripts.
Fees
Saïd Business School, Oxford University
4
Oxford MBA – 1 year
Executive MBA – 22 or 24 months
Oxford MBA – £71,440 (INR 69,63,561). Executive MBA – £106,540 (INR 1,03,84,908)
An undergraduate degree or an equivalent professional qualification
Significant work experience
GMAT or GMAC or GRE
Supporting statement
Two professional or academic references
Video and written responses
English proficiency tests including IELTS/TOEFL/CPE/CAE
1. Wharton School of Business, University of Pennsylvania
The University of Pennsylvania is one of the USA’s most prestigious institutions of higher education. In terms of the number of international students studying across Ivy League schools in the US, the university ranks first.
With over 180 research centers, the university has cemented its reputation as one of the top research universities in the world.
Why study at this school?
Established in 1881, the Wharton school of business has been at the forefront of innovation, research, and entrepreneurship. The school has been successful in meeting the growing demands of the business world such as new ideas, deeper insights, and transformative leadership.
The school offers several programs including,
Full-time MBA
MBA for Executives
MBA/MA
JD/MBA
MBA/SEAS
The full-time MBA offered by the Wharton School of Business spans 20 months, including a 3.5-month-long summer internship program. Students can choose from 21 concentrations to achieve their career goals.
Wharton offers nearly 200 electives across 10 academic departments. While some MBA electives will count toward a major, one will have room to take some chances and explore new topics.
What are the career prospects after graduation?
Over 90% of graduates from Wharton received job offers with a starting salary between USD 130,000 and USD 165,000.
A few of the top employers of Wharton MBA graduates include,
Accenture Strategy
BlackRock
Deutsche Bank
JP Morgan
Eligibility
The application requirements to enroll in the MBA program at Wharton School of Business include,
Relevant professional experience
Academic degrees (a college-level education equivalent to a four-year American undergraduate or baccalaureate degree)
Application Fee
Two Essays
Transcripts (unofficial or official)
Two Letters of Recommendation
GMAT/GRE/LSAT
English Language Test Score
Resume
Student visa
Admission process & Fees
The tuition fee to pursue an MBA at the Wharton School of Business for the first year is USD 84,874 (INR 69,28,264) while it is USD 82,874 (INR 67,65,004) for the second year.
The admission process includes,
Submission of application
Interviews
After you apply to an MBA program, all decisions are released via the Online Application System. The states include,
Admission
Conditional Admission
Waitlist
Scholarship options
The top fellowship opportunities at the Wharton School of Business include,
Joseph Wharton Fellowships
Emerging Economy Fellowships
Forté Fellowships
Prism Fellowships
Corporate and Foundation Fellowships
Wharton Fellowships for Current Students
2. Booth School of Business, University of Chicago
The University of Chicago is a private research university that was founded in 1856. The University of Chicago, situated in Hyde Park, offers a rich campus life in a big-city setting. The university is known for its rigorous academic and enrichment programs.
It is ranked number 6 in the Top National Universities rankings list by US News for 2022-2023.
Why study the MBA at this school?
The Booth School of Business offers a very flexible full-time MBA program. The full-time MBA program is spread over 21 months and offers 13 concentrations for students to choose from.
What are the career prospects after graduation?
Over 96% of graduates received a job offer within 90 days of graduation. With a median annual salary of USD 155,000, graduates of The Booth School of Business are among the highest-paid MBA graduates in the world.
Some of Booth School of Business’ most prolific employers include,
Goldman Sachs
Google
McKinsey & Co
Morgan Stanley
Pepsico
The Boston Consulting Group
Eligibility
The eligibility criteria for admissions include,
Essays
Duly-filled application form
Resumé
Two letters of recommendation
Academic and professional transcripts
GMAT/GRE scores
IELTS/TOEFL/PTE scores
Admission process & Fees
The tuition fee for the full-time MBA program at The Booth School of Business is USD 77,841 (INR 63,54,160) for 9 months. The total expense that a student will incur over the course of the first 9 months may come up to USD 115,062 which includes transportation, accommodation, food, transcript fee, and books.
The admission process involves the following steps,
Apply for admission
Submit necessary documents
Admissions interview
Admissions committee’s decision regarding the application
Admission
Waitlist
Denied admission
Selection
First-time applicants can register for admission here.
Scholarship options
Booth School of Business offers financial aid in the form of scholarships and loans to deserving students. The most popular scholarships at Booth include,
Herman Family Fellowship for Women Entrepreneurs
Merit-based scholarships
McKinsey & Company Emerging Scholars
Forté Foundation Fellowship
Distinguished Fellowship
Global Innovator fellowships
Canfield Private Equity Fellowship
3. Stern School of Business, New York University
Founded in 1831, New York University has been an exemplary institution of academic excellence and research progress. It is the largest private university in the USA. The university has been ranked number 26 by Times Higher Education – University Rankings. The university offers over 9,700 courses across 650 areas of study.
Why study MBA at this school?
The two-year full-time MBA program at NYU’s Stern School of Business invites hundreds of students worldwide. The program offers 60 credits.
One of the top MBA programs in the USA (and probably the world over), Stern’s program is designed to cater to the individual goals of the applicants. However, the return on investment from the program is one of the reasons why most people apply to the school for an MBA degree.
What are the career prospects after graduation?
The median salary for the two-year full-time MBA class is USD 170,000. Some of the most popular recruiters of MBA graduates from Stern Business School include,
Warner Bros. Discovery
Novartis
Ford Motor Co.
Google
Rivian Automotive
PricewaterhouseCoopers (PwC)
Mars Wrigley
EY-Parthenon
Haleon (fka GlaxoSmithKline)
Eligibility
The eligibility criteria at the Stern School of Business include
Four-year bachelor’s degree from an accredited college or university in the U.S. or an equivalent degree (for Indian students, all three-year Bachelor’s degrees are sufficient to apply).
TOEFL/IELTS scores
GMAT/GRE scores
Transcripts
Essays
EQ Endorsements
Admission process & Fees
The annual tuition fee to pursue an MBA at the Stern School of Business is USD 82,326 (INR 67,20,271). The total expenses including transportation, accommodation, food, personal expenses, and others come up to USD 123,253.
New applicants may click this link here to begin their application process. The admissions committee evaluates each applicant based on,
Academic Profile
Professional Achievements & Aspirations
Personal Characteristics
Scholarship options
The majority of Stern MBA scholarships are full or half tuition awards.
Some of the most popular scholarships offered at the Stern School of Business include,
Advancing Women in Business Scholarship
Dean’s Scholarship
Named Faculty Scholarship
Leadership Accelerator Scholarship
4. Columbia School of Business, Columbia University
Columbia University is one of the world’s leading research universities that provides a distinct learning experience and environment to students from all over the world. Founded in 1754 as King’s College, it is the 5th oldest university in the history of the USA.
Why study MBA at this school?
Attending the Columbia business school is a major investment, thanks to the very large return on investment through placements and skills procured. The courses are taught by 150 full-time and 100 adjunct faculty members. The comprehensive core curriculum ensures that the necessary foundation is laid for a successful career across different disciplines.
The Columbia Business School offers several programs which include,
Full-time MBA
EMBA
MS
PhD
Dual degree programs
What are the career prospects after graduation?
Almost 94% of Columbia graduates receive a job offer within three months of graduation. $150,000 is the median base salary of all graduates from the school. The average median salary of all graduates from Columbia who got into the finance sector was around USD 130,000 in 2021.
Some of the top recruiters of the school’s graduates include,
Boston Consulting Group
Bain & Company
Deloitte Consulting
Goldman Sachs
Bank of America
Citi
J.P Morgan Chase & Co
Deutsche bank
AB Bernstein
Eligibility
The application checklist includes,
Academic Transcripts
Undergraduate degree or equivalent with a commendable GPA
GMAT, Executive Assessment, or GRE Score
Resumé
Essays
Recommendation/reference letters from supervisor
Non-refundable application fee ($250/INR 20,422)
Attend interviews
Make non-refundable tuition deposits post-admission decision.
Admission process & Fees
The tuition fee to pursue a full-time MBA at the Columbia Business School is USD 80,472 (INR 65,73,878)/annually. The overall expenses including additional costs such as food, accommodation, books, supplies, and others come to USD 122,460 (INR 1,00,03,941).
The admission process at the Columbia Business School includes,
First-time users need to register on the school’s portal.
Then, they need to submit the application and other required documents.
Once received, the admission team will review the application and intimate about the interview
Invitations to interview
Selection.
Scholarship options
The top fellowship opportunities at the Columbia School of Business include,
Columbia Business School offers partial-tuition scholarships
CBS Board Fellowship
Meyer Feldberg Distinguished Fellowship Program
5. Haas School of Business, University of California, Berkeley
Founded in 1868, the University of California, Berkeley has been at the forefront of academics and groundbreaking research. The university has consistently ranked among the top academic institutions of higher education in the world. With over 180 academic departments and programs, the opportunities at the university are endless.
Why study MBA at this school?
Ranked number 9 by QS rankings’ list of top management schools in the world in 2023, the Haas School of Business focuses on producing business leaders who are adept at critical thinking, communication, and adaptability.
The full-time MBA program offered by Haas has 14 required courses in the core curriculum that build on one another. The school also allows students to pursue two degrees at the same time which can help them to nurture their intellectual curiosity.
Some of these dual degrees include
MBA/MPH
MBA/MEng
JD/MBA
Haas School of Business offers several types of MBA including,
Full-time MBA
MBA for Executives
Evening & Weekend MBA
What are the career prospects after graduation?
Over 93% of graduates received a job offer within 90 days of graduation. The median annual salary for Haas Business School graduates is a whopping USD 155,000. 13% of the graduates found employment in financial services.
Some of the top employers of Haas MBA graduates include,
Adobe Systems Inc
Amazon
Deloitte Consulting LLP
McKinsey & Company
Nike
PwC
Cisco Systems
Eligibility
The application requirements to enroll in the MBA program at Haas Business School include,
Submission of Berkeley MBA application
University transcripts
Resumé
GMAT/GRE scores
Essays
Two Professional Letters of Recommendation
Interviews
English Language Proficiency Test scores (IELTS/TOEFL)
Candidates must hold the equivalent of a four-year U.S. bachelor’s degree.
Admission process & Fees
The estimated tuition fee to pursue an MBA degree at the Haas Business School for an international student is USD 76,433 (INR 62,43,926). The total estimated cost including transportation, food, books and supplies, accommodation and health insurance is around USD 116,178.
Applicants can begin by creating an account here. The application status is updated on this portal.
Scholarship options
The most popular scholarships offered by the Haas School of Business include,
Ma McFarland Fellowships
Allan Holt Fellowship
Berkeley Haas Fellowship
C&J White Fellowship
Dr. Tahir Fellowship
Galloway MBA Fellowship
6. Rotman School of Management, University of Toronto
The University of Toronto is one of the most prestigious institutions in Canada and among the top universities in the world due to its research-intensive culture. Founded in 1827, the University of Toronto has had a long history of imparting world-class education to Canadian as well as international students.
Why study MBA at the Rotman School of Management?
The Rotman School of Management at the University of Toronto is considered one of Canada’s best business schools. It is consistently among the top members of the global MBA rankings list.
The Rotman School of Management offers several types of MBA courses including,
The full-time two-year MBA program (16 months of academic study with a 4-month opportunity for paid internships) is offered by the Rotman School of Management. The program offers over 90 elective courses to develop specific skills to help get industry-ready.
Students can choose to specialize in 1 of 15 MBA majors of which Financial reporting and analysis, investment banking, risk management, and financial engineering are a part of. Furthermore, candidates may even customize their MBA program by choosing electives from over 100 courses.
The Finance elective covers various aspects of financial services including corporate financing, financial management, how banks work, and security analysis and portfolio management, among others,
What are the career prospects after graduation?
The official statistics released by Rotman in 2020 state that over 89% of full-time MBA graduates were placed by the time they graduated with a whopping average salary of CAD 112, 897 (INR 69,13,400). An MBA from the Rotman School of Management would help those who are curious to learn more about management and possess keen business acumen.
Upon successful completion of the MBA program from the Rotman School, students can expect to work in roles including,
Accounting And Finance Manager
Financial Analyst
Investment Advisor
Investment Banker
Insurance Specialist
Eligibility
The Rotman School admits students who are natural leaders, possess intellectual curiosity, have proven finance career path capabilities, a history of creating impact, and have great communication skills.
The criteria for admission at the Rotman School include,
One must have an undergraduate degree or its equivalent from a recognized university with a minimum GPA of 3.0 in the final year.
Once accepted, official transcripts must be submitted directly by the institution one pursued their previous degree.
A GMAT or GRE is required for admission with the average GMAT score of most applicants being 678.
A TOEFL or IELTS is required to showcase English language proficiency. However, if a student from India has graduated from an English-language university, they do not have to submit further proof.
Relevant professional experience.
Letter of recommendation.
Admission interviews, including essay and video interviews and interviews by invitation, are the other requirements to get admitted to the Rotman School of Management.
Admission process & Fees
The total tuition fee to pursue the full-time two-year MBA program at Rotman’s is USD $101,560 (INR 82,96,588).
Students need to download the admissions brochure from the program’s website. Once this is completed, applicants are expected to attend an admission event including webinars, panels, or information sessions that can help students to know more about the school and how to apply.
Students can also submit their resumes for assessment or get in touch with a member of the admissions team for more information about their eligibility.
Scholarship options
The most popular scholarships available at the Rotman School of Management include,
30% Club Full-Time MBA Scholarship
Rotman Scholar Awards
Graduate Studies Awards
Joseph L. Rotman Scholarship
The Rotman Family Healthcare Scholarship
Entrance Awards
Business Design Initiative (BDI) Scholarship
Skoll/MBA Awards
Some popular fellowships include,
Rotman FinHub Student Fellowship Program
Forté Fellows Program
7. London Business School, University of London
The University of London is a federal university consisting of 17 independent member institutions. The university was established as a secular alternative to Oxford and Cambridge. With over 45,000 students from across 190 countries studying at the university, it is one of the largest universities in the world in terms of a number of students.
Why study MBA at this school?
London Business School is one of the most prestigious b-schools in the world. The school is accredited by Association to Advance Collegiate Schools of Business (AACSB), the Association of MBAs (AMBA), and the EFMD Quality Improvement System (EQUIS).
The b-school is also regularly featured on the list of top business schools in the world. Recently, the school was ranked 2nd in the Financial Times MBA rankings list, and 3rd in the QS MBA rankings list.
The 15-21 month long full-time MBA program that the school offers includes several core courses and 80 electives for students to choose from. Students can choose between 10-12 electives to target their special areas of interest.
What are the career prospects after graduation?
After graduating from LBS, MBA graduates can find a large number of opportunities awaiting them in the business world. In 2021, 93% of graduates received offers from organizations within three months post-graduation. More than 30 students turned entrepreneurs by starting their own businesses.
The mean salary of LBS graduates who found employment in the finance sector was USD 123,231 (INR 1,00,66,925).
Eligibility
The criteria for admission at the London Business School include
English proficiency scores – IELTS, TOEFL, Cambridge CPE, CAE or PTE Academic score.
Study visa
Completed online application form
Application essays
Curriculum vitae
References
GRE/GMAT scores
Copy of university transcripts.
Fees
Admission process & Fees
The tuition fee for MBA intake in 2022 is GBP 109,700 (INR 1,08,10,383). In addition to this, there is a fee of £300 applicable for the Student Association Fee.
Scholarship options
The list of scholarships offered by London Business School include
Lady Meherbai D. Tata Education Trust Scholarship
iSchoolConnect Scholarship
Laidlaw Women’s Leadership Fund
London Business School Fund Scholarships
SARI Foundation Trust Scholarship
Enhanced Learning Credits Scheme
8. Saïd Business School, Oxford University
Oxford University is one of the oldest universities in the world. Its history is so old that there is no clear date of foundation. However, the existing records suggest that some form of teaching existed at Oxford University around 1096. That means Oxford is at least 1,000 years old!
Why study MBA at Saïd Business school?
The school offers a full-time one-year Oxford MBA, a two-year executive MBA and a two-year 1+1 MBA. The Oxford MBA is an offline degree offered by the Saïd Business School to those looking to obtain an MBA degree within a year. The program offers several specializations for students to choose from.
The executive MBA has 15 core elements of which accounting and business finance are part of. Apart from these options, candidates may also choose from the various electives that are on offer during the course of the program. The duration of the program can either be 22 or 24 months depending on the graduate’s choice.
What are the career prospects after graduation?
According to the Saïd Business School’s employment report for 2021, around 33% of the MBA graduates from the school found themselves working in the Finance sector.
Some of the top recruiters of MBA graduates the include
Boston Consulting Group
Amazon
McKinsey
Bank of America
Goldman Sachs
ACTIS
CDC
Admiral Group
Johnson & Johnson
Facebook
Bain
EY Parthenon
Eligibility
The eligibility criteria for admissions at Saïd Business School include
An undergraduate degree or an equivalent professional qualification
Significant work experience
GMAT or GMAC or GRE
Supporting statement
Two professional or academic references
Video and written responses
English proficiency tests including IELTS/TOEFL/CPE/CAE
Admission process & Fees
The tuition fee to pursue the Oxford MBA from Saïd Business School is £71,440 (INR 69,63,561). The executive MBA’s tuition fee is £106,540 (INR 1,03,84,908).
The admission process includes,
1. Candidates need to apply online. All applicants are required to pay a non-refundable processing fee of £150.
2. Selected applicants will be interviewed and these interviews are conducted by faculty or a member of Senior Management and will be held in Oxford or through video interviews.
3. Applicants will be notified of the decision within ten working days.
Scholarship options
The list of scholarships offered by Saïd Business School includes
Forté Foundation Fellowships for Women
Oxford Executive MBA Scholarships for Women in association with the 30% Club
Executive MBA Director’s Awards (open to all applicants of executive MBA)
Saïd Business School Foundation Scholarships
Oxford-Pershing Square Graduate Scholarships (open to all applicants to the Oxford 1+1 MBA programme)
Reaching Out MBA (ROMBA) LGBTQ+ Fellowships
Rewley Scholarships
The Laidlaw Scholarships
The Skoll Scholarship
Now that we have discussed the top business colleges in the world to pursue an MBA in banking and finance, let’s take a look at some of the top colleges in India and the general eligibility criteria to get into one of them.
Top MBA Colleges in India for an MBA in Banking and Finance
IIM Kolkata, West Bengal
IIM Bangalore, Bangalore, Karnataka
AIMS Institutes, Bangalore, Karnataka
Faculty of Management Studies – University of Delhi, Delhi
SRM University, Chennai, Tamil Nadu
K J Somaiya Institute of Management, Mumbai, Maharashtra
Eligibility
Undergraduate degree or equivalent (BBA/B
The eligibility criteria to enroll in an MBA in Banking and Finance program in India includes,
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Terms of Service
Last revised date: January 1st, 2020
"TC Global", "we", "our" or "us" refers to the Company, The Chopras Global Holdings PTE Ltd. and its affiliates. "You" or "your" refers to the user or customer accessing our website and services.
Applicability
These Terms govern your access and use of our website [https://tcglobal.com/]. By accessing or using our website in any way, including as an unregistered website visitor, you agree to be bound by these Terms and our Privacy Policy (also available on the website). These Terms apply to your use of our website, and the content made available on or through the website. Other services offered by us may require you to execute separate agreements or agree to other terms as applicable.
We reserve our right to change or revise these Terms at any time by making changes on our website. We encourage you to revisit and review these Terms and stay informed of any changes. Your continued use of the website following the posting of any changes to the Terms constitutes acceptance of those changes.
Legally binding
These Terms constitute a legally binding contract. The Terms shall be in effect as on the date you use or access any of our services.
Content
The text, images, videos, audio clips, software and other content generated, provided, or otherwise made accessible on or through the website (collectively, "Content") are contributed by us and our licensors. The Content is protected by international copyright laws. We and our licensors retain all proprietary rights in the website and the Content made available on or through the website, and, no rights are granted to any Content. Subject to these Terms, we grant each user of the website a worldwide, non-exclusive, non-sublicensable and non-transferable license to use (i.e., to download and display locally) Content solely for viewing, browsing and using the functionality of the website. Any commercial or promotional distribution, publishing or exploitation of our services or content related to our services is strictly prohibited.
All Content is for general informational purposes only. We reserve the right, but do not have any obligation to monitor, remove, edit, modify or remove any Content, in our sole discretion, at any time for any reason or for no reason at all.
Third Party Products and Services
Our services may contain links to third party information, websites, products, services or resources that are not owned or controlled by us. We do not endorse any such third party content. If you access or use such third party content through our services, you do so at your own risk. You agree that we have no responsibility arising from your access to or use of any such third party information, websites, products, services or resources.
Limitation of Liability; Disclaimer
To the extent permitted by law, we and our affiliates, successors and each of our and their employees, assignees, officers, agents and directors (collectively, the "TC Global Parties") disclaim all warranties and terms, express or implied, with respect to the website, Content or services (including third party services) on or accessible through the website, including any warranties or terms of merchantability, fitness for a particular purpose, title, non-infringement and any implied warranties, or arising from course of dealing, course of performance or usage in trade.
In no event shall the TC Global Parties be liable under contract, tort, strict liability, negligence or any other legal or equitable theory with respect to the website for (a) any special, indirect, incidental, punitive, compensatory or consequential damages of any kind whatsoever (however arising) or (b) damages in excess of (in the aggregate) INR 2,000/-.
Governing Law
These Terms shall be governed by, construed and interpreted in accordance with the laws of India without regard to or application of its conflict of law provisions or your state or country of residence and the courts of New Delhi shall have exclusive jurisdiction.
Miscellaneous
Severability - If any term, condition or provision of these Terms is held to be invalid, unenforceable or illegal in whole or in part for any reason, that provision shall be enforced to the maximum extent permissible so as to effect the intent of the parties. The validity and enforceability of the remaining terms, conditions or provisions, or portions of them, shall not be affected.
Waiver – If you fail to exercise or enforce any provisions or rights under these Terms, it will be deemed as a waiver of future enforcement of that or any other provision or right.
Contact Information
If you wish to provide us with any comments, feedback, or suggestions you may send it to [feedback@thechoprasglobal.com] or by post at [No. 3, Shenton Way #10-05, Shenton House Singapore - 068805].
Privacy Policy
The Chopras Global Holdings PTE Ltd. and its affiliates (“TC Global”, “we”, “our” or “us”) care about your privacy. We are committed to maintaining your trust by protecting your personal information. This Privacy Policy (‘Policy’) describes the information we gather on our website or through our website services, applications, or other services as well as any offline products, programs or courses, how we use such information, and the steps we take to protect such information. By visiting our website, using our online services, by downloading our mobile app, or by purchasing or using our services, you accept the privacy practices described in this Policy.
. The Information We Collect
We collect different information depending on our engagement with you and the requirements of applicable law as described below.
When you use our website, you provide us data through a variety of ways. This information includes your name, number, e-mail and service interest. We also collect information regarding your profile.
We collect the information: (a) that you provide to us directly; (b) that your parent, or guardian provides to us; (c) about your use of our services, and (d) If you opt in to certain features or depending on your device settings, we obtain geo-location data.
. Usage of the Information
We use the information we collect to operate our business and provide you with quality service. The extent of our usage is contingent on which services you use, how you use them, and any preferences you may have. Illustratively, we use your information to:
Provide services and improve your experience: We use information about you to respond to your queries, comments and concerns, provide customer and technical support, and operate and maintain the services.
Improve our services and customer support: We use the information to understand and analyze the usage trends and queries received from you to improve our services and support.
Send emails and other communications: We may also send communications to notify you of new information and improvements in our services.
Comply with applicable law: We use the information to comply with our legal obligations and enforce our legal rights, such as, among other things, to exercise contractual rights, to comply with financial reporting obligations in accordance with applicable law.
. To Whom We Disclose Information
We disclose your information in limited circumstances to members of TC Global, our service providers, and other end users, in order to provide our services and to improve your experience. Where required by applicable law, we will only share your information with particular third parties with your consent.
In exceptional circumstances, we may share information about you with a third party if we believe that sharing is reasonably necessary to (a) comply with any applicable law, regulation, or court order, (b) enforce our agreements, policies and terms of service, (c) defend ourselves against any claims or allegations, and (d) protect TC Global from fraudulent, abusive, or unlawful use or activity.
. How to Access Information
You may request details of personal information we hold about you under applicable law. You may object to our use of your information (including for marketing purposes), or to request the modification, restriction or deletion of your information. If you wish to do so, please contact us via our contact details provided below.
. Security
We follow generally accepted industry standards to protect the information submitted to us, both during transmission and once we receive it. TC Global takes reasonable steps endeavoring to use appropriate technical or organizational measures to protect your information, including against unauthorized or unlawful processing and accidental loss, destruction, or damage.
Whilst we will endeavor to maintain security, given the nature of communications and information processing technology, we cannot guarantee that information, during transmission through the Internet or while stored on our systems or otherwise in our care, will be absolutely safe from intrusion by others.
TC Global is not responsible for the content or accuracy of the personal data contained in the information provided by you and stored on its servers nor is TC Global responsible for the manner in which users collect, handle disclosure, distribute or otherwise process such information.
. Collection of Information from Children
Generally, our online services are not directed to children, and we do not knowingly collect personal information from children except as permitted under applicable law.
If we become aware that a child under has provided us with information, we will delete such information from our files or obtain parental consent in accordance with applicable law.
. Third Parties
This Privacy Policy does not apply to services provided by third parties. We display advertisements and other content from third parties or partners that link to third-party websites that we do not own or operate. We provide links to these third-party sites as a convenience to you. They are not intended as an endorsement of or referral to the linked services. The linked services are subject to their separate and independent privacy statements, notices, and terms. Additionally, third parties may sell goods or offer services at our facilities or in combination with our services. We are not responsible for that third parties’ services or their privacy practices.
We cannot control or be held responsible for third parties’ privacy practices and content. Please read their privacy policies to find out how they collect and process your information. We are not responsible for the data collection, privacy, and information sharing policies and procedures or content of such third-party websites.
. Transferring Your Data
TC Global is headquartered in India, and has operations, entities and service providers in India and other parts of the world. As such, we and our service providers may transfer your personal information to, or access it in, jurisdictions (including India) that may not provide equivalent levels of data protection as your home jurisdiction. We will take steps to ensure that your personal information receives an adequate level of protection in the jurisdictions in which we process it, including through compliance with applicable law.
. Changes to our Privacy Policy
Please revisit this page periodically to stay aware of any changes to this Policy which we may update from time to time. We will post any changes by a notice on our homepage or by sending you an email notification.
Your continued use of the website following the posting of any changes to the Website Terms constitutes acceptance of those changes.
. Contact Us
Please feel free to contact us if you have any questions, concerns or complaints about this Policy, our practices, or are interested in excising your rights. You may email us at [feedback@thechoprasglobal.com] or contact us at our mailing address below:
[No. 3, Shenton Way #10-05, Shenton House Singapore - 068805]
. Country-Specific Terms for India
Indian law defines ‘ sensitive personal information’ to mean information relating to: (i) passwords; (ii) financial information such as bank account/credit card/debit card details; (iii) physical, physiological and mental health condition; (iv) sexual orientation; (v) medical records and history; (vi) biometric information; (vii) any details relating to the above clauses as required for providing you with access to TC Global’s platform; and (viii) any of the information received under above clauses for processing, stored or processed under lawful contract or otherwise. Unless otherwise specified in the Privacy Policy, ‘personal information’ will include ‘sensitive personal information’ as well. By using our platform and TC Global services, you will be deemed to have consented to TC Global’s collection, disclosure and transfer of your personal information. By way of illustration, you will have provided us such consent by your conduct if you choose to share your personal information while using the TC Global platform, such as by including sensitive personal information in your content or by providing sensitive personal information in your registration information.
While transferring personal information collected from individuals in India, we will ensure that it is transferred to entities that offer at least the same levels of data protection as adhered to by us.
