Enroll Now
Back To All Blogs

Best online degree courses in banking and finance


The world of banking and finance offers a realm of intriguing prospects for anyone seeking a dynamic and rewarding career. In today’s world of rapid technology breakthroughs, the emergence of online degree programs has transformed the way prospective professionals may pursue education in this field. Online banking and finance degree programs present a practical and adaptable approach to gaining the extensive understanding and skills essential to thrive in the finance industry. 

These initiatives lay the foundations for success in numerous sectors, including banking, financial analysis, investment administration, and risk assessment, by equipping learners with solid foundational knowledge. Individuals can now engage in an immersive academic journey from the convenience of their own homes, enabling them to mold their prospective careers in the ever-evolving field of financial and banking services.

Also read: Things you need to know about online MBA in Finance

Advantages of choosing a career in banking or finance

A career in banking and finance offers a plethora of advantages that may lead the way for a great career trajectory. According to the U.S. Bureau of Labor Statistics (BLS), jobs in the finance sector are projected to grow 7% from 2021 to 2031, making it one of the most sought-after sectors. 

Here are the key elements emphasizing the advantages of choosing such a career:

  • Lucrative remuneration: 

Banking and finance careers are frequently financially rewarding. The industry provides competitive salaries, performance-based bonuses, and several perks, ensuring a financially secure and fulfilling career path.

  • Professional growth opportunities:

The financial services sector is renowned for providing numerous opportunities for professional advancement and accomplishment. Individuals may continually enhance their knowledge and abilities through extensive training programs, mentorship initiatives, and ongoing learning opportunities, providing the route for upward mobility within the organization.

  • Job stability and security: 

Even during periods of economic instability, the banking and finance business is known for its stability. The requirement for financial services stays consistent, ensuring higher standards of stable employment as compared to other sectors.

  • Diverse range of career paths: 

The financial services sector offers a plethora of job opportunities catering to a wide range of preferences and talents. Whether one desires to work in investment banking, risk management, company finance, or economic assessment, this field provides numerous opportunities for specialization and expertise.

  • Exposure to global markets: 

The global scope of banking and finance connects professionals to international marketplaces and gives them the chance to participate in cross-border transactions. This global outlook not solely deepens one’s perspectives but also improves one’s comprehension of various business settings and cultures.

  • Continuous learning: 

Careers in this field demand analytical thinking, problem-solving abilities, and the ability to manage intricate financial issues. The sector provides an appealing and intellectually challenging atmosphere that continually challenges and sharpens employees’ abilities, enabling continuous learning and overall growth.

  • Impactful work: 

Banking and finance professionals have an important role in fostering economic expansion, financial stability, and capital allocation. Contributing to key financial decisions and assisting clients in achieving their financial objectives can be extremely rewarding and meaningful, thus impacting the success of enterprises, individuals, and even economies.

  • Networking opportunities: 

The banking and finance industry offers several networking opportunities, allowing employees to make valuable contacts with consumers, peers, and industry specialists. Networking is critical for job progression, dissemination of information, as well as exposure to new possibilities in this sector.

Also read: Benefits of pursuing an M.Com degree in 2023

Top career opportunities in banking and finance

Below is a list of the top Career opportunities in banking and finance, along with job descriptions and compensation:

Job roleHighest estimated salary (INR)
Investment banker₹ 40 Lakhs
Financial analyst₹ 12.2 Lakhs
Risk manager₹ 26 Lakhs
Wealth manager₹ 11.5 Lakhs
Actuary₹ 12 Lakhs
Financial controller₹ 55 Lakhs
Corporate treasurer₹ 98.2 Lakhs
Compliance officer₹ 15 Lakhs
Data scientist₹ 25.9 Lakhs
Financial advisor₹ 8.0 Lakhs

Also read: MBA in BFSI vs Other Finance Degrees: Which is Right for You?

Top online banking and finance courses you can pursue

In India, various prestigious institutes and universities provide premier online banking and finance courses. Top banking and finance courses online, along with brief descriptions, are as follows:

BCom (Bachelor of Commerce):

BCom is an undergraduate program that gives a solid foundation in multiple facets of banking and finance, covering a wide range of topics, such as economics, accounting, corporate law, financial administration, and banking fundamentals. BCom students get core knowledge and abilities in financial evaluation, handling risks, investment techniques, and corporate finance, making it an ideal choice for those who want to gain a firm basis in the financial sector before pursuing advanced studies.

Prominent universities offering BCom programs:

  • Manipal University Jaipur
  • Amity University
  • Lovely Professional University
  • IGNOU online

MCom (Master of Commerce):

The MCom degree program digs further into the complexities of banking and finance. This course expands on undergraduate ideas and provides specialized knowledge in areas including handling finances, international finance, market dynamics, and investment evaluation. It is aimed to foster analytical thinking, research skills, and experience in financial decision-making and prepares students for advanced financial jobs while offering a solid academic footing for a career in the finance industry.

Prominent universities offering MCom programs:

  • Manipal University Jaipur
  • Amity University
  • KIIT University
  • Lovely Professional University

MBA in Finance:

MBA in Finance is a distinguished postgraduate program with an emphasis on the implementation of financial concepts in the corporate sector. This program provides students with an advanced understanding of areas such as financial strategies, risk administration, managing investments, and capital markets. MBA in finance graduates are prepared to take on managerial roles in financial establishments, corporate finance divisions, investment businesses, and consulting entities. 

Prominent universities offering MBA in Finance programs:

  • Manipal University Jaipur
  • IGNOU online
  • KIIT University

MBA in BFSI (Banking, Financial Services, and Insurance):

MBA in BFSI is a specialized program focused on the complexities of the financial sector by encompassing a comprehensive understanding of banking activities, financial markets, insurance services, managing risks, and regulatory structures. It aims to develop a thorough grasp of the financial services business, in addition to strategic thinking and decision-making skills. MBA in BFSI trains candidates for leadership and managerial roles in banks, insurance firms, investment corporations, and regulatory agencies.

Prominent universities offering MBA in BFSI programs:

  • Manipal University Jaipur
  • IGNOU online
  • Vivekananda Global University

MBA in IT & Fintech (Information Technology and Fintech):

The MBA in IT & Fintech is a one-of-a-kind program that blends financial concepts with the expanding fields of IT and financial technology. This course focuses on the melding of technological innovations in financial services, including blockchain, data analytics, artificial intelligence, and digital banking. It prepares students to navigate the expanding finance industry landscape, leverage technology to foster financial innovation and lead digital shifts in financial organizations.

Prominent universities offering MBA in IT & Fintech programs:

  • Manipal University Jaipur
  • NSE
  • SP Jain School of Global Management

MBA in BKFS (Banking and Knowledge in Financial Services):

MBA in BKFS is a professional course centered on the technicalities of financial services and banking. This course covers a wide range of banking topics, including investment banking, commercial banking, risk administration, banking regulation, and managing client relationships. It prepares individuals for executive positions in financial institutions, banks, and related sectors, equipping them with a broad skill set to manage complex financial issues and promote organizational success.

Prominent universities offering MBA in BKFS programs:

  • T.A. Pai Management Institute
  • Vivekananda Global University

Also read: Important concepts to learn during an MBA in IT and Fintech

Online Manipal is your destination for highly-valued online degree courses

Explore top online banking and finance degree programs offered by world class universities like Manipal University Jaipur, Manipal Academy of Higher Education, and T.A. Pai Management Institute on Online Manipal. The online banking and finance programs offered by these universities are UGC-entitled, confirming their unparalleled efficacy and acceptance by prestigious employers and accredited educational institutions globally. 

Also read: How TAPMI online MBA-BKFS electives help professionals tailor their career paths

Immerse yourself in an engaging learning environment expertly designed by industry leaders, where cutting-edge technology propels your educational path. With an emphasis on practical abilities and hands-on training, the comprehensive curriculum guarantees you obtain an edge in today’s constantly shifting employment market. Online Manipal also offers free access to Coursera courses to help learners further upskill themselves. The placement assistance services offered by Online Manipal provides learners with career counseling to help them land their dream jobs.


The spectrum of employment opportunities in banking and finance is massive, with countless prospects for growth and success. Individuals with a strong educational foundation in banking and finance are better equipped to handle the complicated and ever-changing financial landscape. Enrolling in online banking and finance degree programs through Online Manipal. is a fantastic choice for learners wishing to thrive in the dynamic world of finance. Embrace this transforming opportunity and unlock the door to a world of limitless possibilities.


Information related to companies and external organizations is based on secondary research or the opinion of individual authors and must not be interpreted as the official information shared by the concerned organization.

Additionally, information like fee, eligibility, scholarships, finance options etc. on offerings and programs listed on Online Manipal may change as per the discretion of respective universities so please refer to the respective program page for latest information. Any information provided in blogs is not binding and cannot be taken as final.

  • TAGS
  • Online MBA
  • Online MCOM

Become future-ready with our online M.Com program

Know More
Related Articles
Blog Date April 27, 2024
Blog Date April 27, 2024
Blog Date April 25, 2024
Blog Date April 20, 2024
Interested in our courses? Share your details and we'll get back to you.






    Enter the code sent to your phone number to proceed with the application form

    +91-9876543210 Edit

    Resend OTP


    Bachelor of Business Administration (BBA)
    Manipal University Jaipur

    Enroll Now
    Enroll Now
    Your application is being created Thank you for your patience.
    Please wait while your application is being created.