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online MBA in Banking and insurance From Manav Rachna International Institute of Research & Studies

    Flexible Learning Without a Career Break

    Balance Work, Studies, and Personal Life

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Key Highlights: Online Online Master of Business Administration in Banking and insurance

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Total fees: ₹1,20,000

Recognised & accredited: UGC, AICTE

Minimum Eligibility: Candidate must have secured 50% in graduation.

NIRF Ranking: 96

Course Duration: 2 years

Address: Faridabad, Haryana, India

Online Online Master of Business Administration in Banking and insurance from Manav Rachna International Institute of Research & Studies, India

Program Overview

The Online Master of Business Administration (MBA) in Banking and Insurance offered through Manav Rachna Online by Manav Rachna International Institute of Research & Studies (MRIIRS) is a postgraduate management programme tailored for careers in the Banking, Financial Services, and Insurance (BFSI) sector.

Manav Rachna International Institute of Research & Studies is a UGC‑recognised Deemed‑to‑be University under Section 3 of the UGC Act and is NAAC A++ accredited, reflecting the highest standards of academic quality and institutional credibility.

The programme is offered through the Manav Rachna Centre for Distance & Online Education (MRCDOE) and is UGC‑entitled and AICTE‑approved, ensuring that the online MBA degree holds equivalence with a regular on‑campus MBA for employment and higher education.

Designed for working professionals and aspiring managers, the programme combines core management fundamentals with specialised knowledge of banking operations, insurance management, financial regulations, risk analysis, and fintech, enabling learners to thrive in a rapidly evolving financial ecosystem.


Program Outcomes

Upon successful completion of the Online MBA in Banking and Insurance, learners gain:

  • Strong understanding of banking systems, insurance products, and financial services
  • Knowledge of risk management, compliance, and regulatory frameworks
  • Managerial and analytical skills required for decision‑making in BFSI organisations
  • Exposure to digital banking, fintech innovations, and financial markets
  • Leadership and strategic thinking capabilities for mid‑ and senior‑level roles

The programme supports career growth, role transitions, and leadership readiness across banking, insurance, NBFCs, fintech firms, and financial consulting organisations.


Why Choose Online MBA in Banking and Insurance at Manav Rachna International Institute of Research & Studies

Manav Rachna International Institute of Research & Studies is among India’s select universities with NAAC A++ accreditation, providing strong assurance of academic rigour and degree recognition.

Key reasons to choose this programme include:

  • UGC‑entitled & AICTE‑approved online MBA degree
  • Academically equivalent to a regular MBA
  • Flexible 100% online learning format
  • Industry‑aligned BFSI curriculum
  • Real‑world case studies and capstone project
  • EMI payment options for affordability
  • Suitable for working professionals across India and abroad

The programme is particularly beneficial for learners seeking career advancement without taking a break from employment.


Suitable Candidates

The Online MBA in Banking and Insurance is suitable for:

  • Working professionals in banking, insurance, NBFCs, and financial services
  • Graduates aiming for managerial roles in BFSI
  • Finance and commerce professionals seeking leadership positions
  • Individuals planning a career transition into banking or insurance
  • Aspirants targeting roles in risk management, credit analysis, and financial consulting


Online MBA in Banking and Insurance: Curriculum Structure

The programme is structured across four semesters over two academic years, combining management foundations with sector‑specific expertise.

Semester 1: Management Foundations

  • Principles of Management
  • Organisational Behaviour
  • Managerial Economics
  • Financial Accounting for Managers
  • Business Statistics

Semester 2: Core Business Management

  • Marketing Management
  • Corporate Finance
  • Human Resource Management
  • Operations Management
  • Business Research Methods

Semester 3: Banking and Insurance Specialisation

  • Banking Systems and Operations
  • Insurance Management
  • Risk Management in Financial Services
  • Financial Markets and Institutions
  • Legal and Regulatory Framework for BFSI

Semester 4: Advanced Applications

  • Investment Banking and Treasury Management
  • FinTech and Digital Banking
  • Strategic Management in BFSI
  • Capstone Project / Research‑Based Learning


Eligibility Criteria for Online MBA in Banking and Insurance

Candidates must meet the following eligibility requirements:

  • Bachelor’s degree in any discipline from a recognised university
  • Minimum 50% aggregate marks in graduation
  • Relaxation for reserved categories as per university and government norms

Final admission is subject to document verification by the university.


Fees and Duration of Online MBA in Banking and Insurance

Duration

  • 2 Years (4 Semesters)

Fee Structure

Fee Type

Amount

Total Programme Fee

₹1,20,000

Per Year Fee

₹60,000

EMI Option

Starting at approx. ₹4,713 per month

The fee is applicable for the Online MBA programme offered through Manav Rachna Online (MRCDOE) and is subject to change as per official university notifications.


Admission Process for Online MBA in Banking and Insurance

The admission process is conducted online and includes:

  • Online registration through Manav Rachna Online portal
  • Filling out the application form
  • Uploading academic documents
  • Payment of programme fee
  • Verification and admission confirmation by the university

Once admitted, learners gain access to the digital learning platform, recorded lectures, live sessions, and study material.


Career Opportunities After Online MBA in Banking and Insurance

Graduates can explore diverse managerial and specialist roles across the BFSI sector.

Job Role

Average Annual Salary (India)

Bank Manager

₹6 – 10 LPA

Insurance Manager

₹5 – 9 LPA

Risk & Credit Manager

₹7 – 12 LPA

Relationship Manager

₹4 – 8 LPA

Financial Analyst

₹6 – 11 LPA

Investment Banking Executive

₹8 – 15 LPA

Salary figures Ambitionbox


Frequently Asked Questions

Yes, as per UGC regulations, online MBA degrees offered by recognised universities are academically equivalent to regular MBA degrees. Employers and universities treat both modes equally. The equivalence applies to private jobs, government roles, and higher studies. Mode of learning does not affect degree validity.

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  2. Students will directly apply to the university, and all admission and post-procedure activities .