MBA in Banking, Financial Services and Insurance

A 2-Year intensive project-driven program that helps you excel at critical business functions and key decision-making.

  • Duration: 2 Years

About the Program

The Banking sector in India is undergoing a paradigm shift, with over 10 million individuals projected to be employed in the next couple of years. To address this burgeoning need for skilled and qualified Banking and Financial professionals, Chitkara University introduced the MBA in BFSI. Our Master of Business Administration program in Banking, Financial Services and Insurance program offers a solid foundation in the concepts and practical aspects of banking, financial services and insurance. We bring together research and teaching across varied domains of finance, mathematics and statistics in a single classroom environment, thus creating significant interdisciplinary synergies.

Our MBA in BFSI equips you with a 360-degree view of the banking and finance industry and transforms you into a high-caliber graduate who thrives in a globally competitive business environment. The program combines a high level of academic rigour with a solid grounding in practical problem-solving skills. You will study the workings of banks, investment firms and other financial institutions, learning to apply strategic thinking to real-world scenarios. In addition to gaining knowledge, you’ll also develop the personal capabilities required to succeed in this challenging and highly rewarding field. This level of insight makes you highly attractive to firms looking to recruit best-in-class talent with a deep understanding of the business.

The Chitkara University Experience

Why Study MBA in Banking, Financial Services and Insurance

Top Reasons
  • Varied growth opportunities
  • Exponential growth of the industry
  • Stable and secure career path
  • Global job opportunities
  • Overall skill development
  • Recession proof sector
  • Competitive salaries
  • Wide range of domains
Learning Outcomes
  • Demonstrate theoretical and practical knowledge regarding banking, financial services and insurance management and its role in the economic growth and development of different economies.
  • Efficient usage of financial decision-making models like mergers and acquisitions, etc. to take decisions on most feasible projects to achieve organisational growth.
  • Ability to gather the information to determine, measure and reduce the risks affecting the banking sector.
  • Critically understand the theories, concepts and legal implications related to different financial, banking and insurance related decisions and strategies.


The 2-Year MBA in Banking, Financial Services and Insurance program has been designed, keeping in view the changing dynamics of BFSI industry, and has been divided into 3 basic modules:


Core banking, retail, private, corporate, investment, and cards are all possible components of BFSI’s banking division. Retail banking and core banking are sometimes used interchangeably. Transaction accounts, loans, mortgages, and payments are considered core banking services. A bank may centralise its record keeping and provide access from any location thanks to network technologies and banking software.

Financial Services

Brokering in stocks, payment gateways, and mutual funds are examples of financial services. With the use of payment gateways, retailers may start e-commerce, in-app, and point-of-sale transactions for a wide range of payment methods. Several acquiring banks and payment options are frequently linked together via a payment gateway into a single system. Real-time banking payments and the various sorts of payments are examples of innovations in this category.


Both life insurance and general insurance are covered by insurance. The insurance sector, which makes up over one-third of the financial sector, offers significant risk management tools to individuals and businesses. You will gain knowledge of the crucial position that insurance plays in the financial system as well as the possibilities for innovation in this sector.



  • The candidate should have completed the Bachelor’s Degree with a minimum of 50% aggregate marks in any stream.
  • The candidate appearing in the final year examination can apply, but must have a minimum of 50% till previous year’s examination.
  • The applicant must have appeared for CAT / MAT / NMAT / XAT / CMAT score, followed by Group Discussions and Personal Interview round at Chitkara University.
  • Applicants who have not taken any of the above-mentioned entrance examinations must take Chitkara University Test followed by Group Discussions and Personal Interview.

I’m Interested in this Program

Career Opportunities

Our MBA Banking, Financial Services and Insurance students may look forward to a progressive and a gratifying career in, but not limited to:

  • Commercial banks
  • Money markets
  • Investment funds
  • Hedge funds
  • Consulting firms
  • Insurance firms
  • Pension funds
  • Capital markets

How to Apply

In order to pursue MBA in Banking, Financial Services and Insurance, the students can start their application by:

  • Download the admission form from the Chitkara University website, or getting it from the nearest bookstore to your place.
  • Duly fill in the admission form, attach the required certificates, and send to the Chief Admissions Officer at Chitkara University Admissions Office
    (SCO 160-161, Sector 9C, Chandigarh, Mobile +91- 9501105714, +91- 9501105715)
  • Next, details filled out in the form and certificates attached will be verified.
  • Upon the successful completion of the verification, you will get a message from the Relationship Manager assigned to you for further assistance.

Top Recruiters

Chitkara Business School has strong business management programs and incredible faculty that earnestly care about the success of their students. The innovative curriculum encourages you to think outside the box while helping you develop analytical skills essential for success in today’s competitive business world. Furthermore, the diverse class was a blessing with so much to learn from. I am thankful to the faculty at Chitkara Business School that I was able to acquire exceptional business knowledge and strategic management skills.

Atul Kumar
Batch 2023

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