Microfinance & Banking

MBA in Microfinance and Banking

Objective: The MBA in Microfinance and Banking is designed to build competent professionals who can drive inclusive growth through sustainable financial services in underserved and rural areas. The program combines core business management with specialized knowledge in microfinance, rural banking, and financial inclusion.

Program Duration: 2 Years (4 Semesters)

Mode: Full-Time | Industry-Oriented | Field-Integrated | 100% Placement Assistance

Eligibility: Bachelor’s Degree in preferably BBA/BCA/B.Com / BSc. Agri / allied subjects with min 55% marks

Program Goals

Build capacity in rural finance and inclusive banking systems.
Understand credit models, agri-value chains, risk management, and financial technology in underserved sectors.
Develop the ability to manage rural finance institutions (RFIs), MFIs, cooperatives, and agri-banking verticals in banks.

Course Structure Overview

( Subjected to revision as per industry needs )

Year 1: Core Management + Banking & Finance Foundations

Semester 1: Management Foundations

1. Principles of Management and Organizational Behavior
2. Managerial Economics
3. Financial Accounting and Reporting
4. Quantitative Methods for Decision Making
5. Agribusiness Marketing Management
6. Business Communication and Negotiation Skills
7. IT for Financial Services (MIS, Databases, Excel, Analytics)

Semester 2: Core Banking and Finance

1. Agri- Financial Management
2. Banking Principles and Practices
3. Legal and Regulatory Framework of Banking & Microfinance
4. Operations Management
5. Human Resource Management
6. Research Methods and Data Analysis (SPSS/STATA)
7. Industry Immersion Project (2–4 weeks fieldwork with MFIs/Banks)

Year 2: Specialization and Practical Focus

Semester 3: Microfinance & Agri- banking

1. Introduction to Microfinance & Agri-banking : Models and Evolution
2. Credit Appraisal & PSL Loan Portfolio Management
3. Financial Inclusion and Rural Finance
4. Risk Management in Microfinance Institutions
5. Development Economics & Inclusive Growth
6. Elective I (choose one)
- Microenterprise Development
- Agri - Banking and Lending
- Financial Technologies in Inclusion (FinTech)
7. Summer Internship Report Presentation (based on 6–8 week field internship)

Semester 4: Strategy, Impact & Policy

1. Strategic Management for MFIs and Rural Banks
2. Monitoring, Evaluation & Impact Assessment of Financial Programs
3. Innovations in Agri- Financial Products and Delivery Channels
4. Governance, Ethics, and Sustainability in Microfinance
5. Elective II (choose one)
- Social Performance and Impact Investing
- Digital Financial Services & Mobile Banking
- Public Policy and Regulatory Institutions in Microfinance
6. Dissertation (Industry-based, field-intensive)

Key Pedagogical Features

Field Immersion: Regular rural/urban exposure visits to MFIs, SHGs, cooperatives, etc.
Simulations & Case Studies: Based on global and Indian MFI success stories (e.g., Grameen Bank, SKS, Bandhan)
Live Projects & Consulting Assignments
Workshops: Risk management, fintech innovation, credit scoring models
Guest Lectures: Experts from NABARD, World Bank, MicroSave, CGAP, etc.

Learning Outcomes

Graduates will be able to:

Design and manage microfinance products, lending, and delivery mechanisms.
Analyze financial statements and risk in microfinance/banking.
Develop strategies for outreach, growth, and sustainability in MFIs.
Engage with policy and regulatory frameworks governing financial inclusion.

Optional Certifications & Workshops (Industry-Aligned)

Certified Microfinance Professional (CMP)
FinTech for Development – Short Course
Credit Risk Assessment – Workshop with Practical Tools
SHG-Bank Linkage and NABARD Credit Planning Module

PROGRAM DURATION & SEATS

Max 60 students will be allowed for 2 years program including classroom teaching, internship, Live assignment & placement assistance

TOTAL FEE OF THE PROGRAM

#	Fee Type	Amount (INR) inclusive of GST
1	Online application Fee	650 (Non refundable)
2	Registration Fee	45,000
3	Program Fee	8,70,000

Scholarship will be applicable as per FAME MATRIX.

1. Credit Officer / Credit Analyst

Sector:

Microfinance Institutions (MFIs), Banks, NBFCs

Roles:

Evaluate loan applications (individuals, SHGs, SMEs)
Conduct field verifications and credit assessments
Monitor loan portfolio and repayment performance
Ensure adherence to credit policies and risk limits

2. Rural Banking Officer / Agri-Banking Officer

Sector:

Regional Rural Banks (RRBs), Cooperative Banks, Public Sector Banks

Roles:

Promote and manage agri-loans and farm credit
Oversee Kisan Credit Card (KCC) programs
Engage with Farmer Producer Organizations (FPOs)
Implement rural financial inclusion schemes

3. Branch Manager – Microfinance or Rural Branch

Sector:

MFIs, RRBs, Cooperative Banks

Roles:

Manage branch operations and supervise field staff
Oversee loan disbursement and recovery
Build relationships with SHGs/JLGs/clients
Monitor performance and compliance with guidelines

4. Financial Inclusion Manager / Project Coordinator

Sector:

NGOs, Development Banks, CSR Programs, Multilaterals (UNDP, IFAD, ADB)

Roles:

Implement financial literacy and inclusion programs
Coordinate with banks, SHGs, and local institutions
Monitor outreach and assess impact
Train field officers and community stakeholders

5. Risk Analyst – Microfinance / Rural Lending

Sector:

MFIs, NBFCs, Banks

Roles:

Analyze credit and operational risks
Develop credit scoring models
Mitigate delinquency and portfolio risk
Support audits and compliance processes

6. FinTech Product Manager – Financial Services for the Underserved

Sector:

FinTech startups, Digital MFIs

Roles:

Design digital micro-loan products or savings apps
Work with developers on mobile banking tools
Lead customer acquisition in rural markets
Ensure usability and regulatory compliance

7. Monitoring & Evaluation Officer (M&E)

Sector:

Donor Agencies, NGOs, Impact Funds

Roles:

Design KPIs for microfinance/rural finance programs
Conduct baseline/endline surveys
Use tools like SPSS, STATA, or KoboToolbox for analysis
Generate reports for funders and policymakers

8. Program Manager – Livelihoods and Financial Inclusion

Sector:

International NGOs, Government Missions (NRLM, DAY-NULM, etc.)

Roles:

Scale SHG-Bank Linkage Models
Integrate microfinance with livelihood interventions
Train and support community institutions
Liaise with state and central government schemes

9. Loan Recovery & Collections Officer

Sector:

MFIs, NBFCs, Banks

Roles:

Ensure timely recovery of EMIs
Address default issues through field visits
Implement recovery strategies within legal norms
Liaise with local agents and community leaders

10. Policy Analyst / Research Associate – Financial Inclusion

Sector:

Think Tanks (IFMR, CGAP), Central Banks, Development Institutions

Roles:

Analyze policy impacts on rural credit
Prepare whitepapers and policy briefs
Conduct secondary and primary research
Engage with stakeholders on reform and regulation

11. Relationship Manager – SHG, JLG, FPO Clients

Sector:

Banks, Agri Finance Firms, MFIs

Roles:

Manage institutional client portfolios
Promote group-based lending models
Upsell financial products (insurance, savings)
Provide financial counseling and training

Bonus: Entrepreneur / Social Enterprise Founder

Sector:

Self-initiated

Roles:

Start your own MFI, digital lending platform, or agri-credit venture
Offer consultancy for SHGs, FPOs, or NGOs
Innovate around climate finance, women’s credit, or green microloans

Summary about designation after pursuing the program :-

Designation

Credit Officer / Analyst
Rural Banking Officer
Branch Manager
Financial Inclusion Manager
Risk Analyst – Rural Credit
Program Manager – Livelihoods
FinTech Product Manager
Policy Analyst

Common Employers

MFIs, NBFCs, Small Finance Banks
RRBs, NABARD, Public Sector Banks
MFIs, Cooperative Banks
NGOs, Development Agencies
Banks, NBFCs
Government Missions, NGOs
FinTech startups, AgriTech firms
Think Tanks, Regulators, Research Orgs

Scholarship calculator for MBA MFB 2025-27

Note: The calculator supports academic marks in percentage format. If your marks are in CGPA, you can convert them to a percentage using the formula: Percentage (%) = CGPA × 10

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National Talent Scholarship

Eligibility Criteria : Students who have participated in any government-recognized national-level sports, music, or culture events are eligible for special financial aid of INR 1,00,000. Valid proof and detailed information are mandatory during the scholarship form submission.

Shaurya Vidya Scholarship

Eligibility Criteria : Students who have completed their schooling at any Sainik School or Navodaya Vidyalaya with 1st division (70% in HSC & SSC) are eligible for a special financial grant of INR 1,00,000.

Defense Pride Scholarship

Eligibility Criteria : Special financial assistance of INR 1,00,000 to be given to the students whose parents ( Mother/Father ) are currently serving or have served Indian Army, Navy, Air Force, Paramilitary forces like Assam Rifles, Border Security Force (BSF),Central Industrial Security Force (CISF), Central Reserve Police Force (CRPF), Indo-Tibetan Border Police (ITBF), National Security Guard (NSG), Sashastra Seema Bal (SSB) Students will be required to submit the valid proof, details at the time of scholarship form submission.

Disclaimer : This is a tentative calculation basis data provided by students. Actual scholarship will be calculated based on the original documents verification.

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