No, a MBA (Master in Business Administration) in Finance degree holder cannot apply for SO (Specialist Officer) Post Recruitment Exam in IBPS (Institute of Banking Personnel Selection).

IBPS SO (Specialist Officer) Post

Educational Qualification

HR/Personnel Officer (Scale I)
Graduate and Full time Post Graduate degree or Full time Post Graduate diploma in Personnel Management / Industrial Relations/ HR/ HRD/ Social Work/ Labour Law

Marketing Officer (Scale I)
Graduate and full time MMS (Marketing)/ MBA (Marketing)/ Full time 2 years PGDBA/ PGDBM/ PGPM/ PGDM with specialization in Marketing

I.T. Officer (Scale-I)
a) 4 year Engineering/ Technology Degree in Computer Science/ Computer Applications/ Information Technology/ Electronics/ Electronics & Telecommunications/ Electronics & Communication/ Electronics & Instrumentation
OR
b) Post Graduate Degree in Electronics/ Electronics & Tele Communication/ Electronics & Communication/ Electronics & Instrumentation/ Computer Science/ Information Technology/ Computer Applications
OR
Graduate having passed DOEACC ‘B’ level.

Agricultural Field Officer (Scale I)
4 year Degree (graduation) in Agriculture/ Horticulture/Animal Husbandry/ Veterinary Science/ Dairy Science/ Fishery Science/ Pisciculture/ Agri. Marketing & Cooperation/ Co-operation & Banking/ Agro-Forestry/Forestry/ Agricultural Biotechnology/ Food Science/ Agriculture Business Management/ Food Technology/ Dairy Technology/ Agricultural Engineering.

Rajbhasha Adhikari (Scale I)
Post Graduate Degree in Hindi with English as a subject at the degree (graduation) level
OR
Post graduate degree in Sanskrit with English and Hindi as subjects at the degree (graduation) level.

Law Officer (Scale I)
A Bachelor Degree in Law (LLB) and enrolled as an advocate with Bar Council.