MBA (Banking, Finance & Insurance Services)


Why MBA (Banking, Finance & Insurance Services)

What is MBA in banking, Finance & Insurance?

MBA in Banking and Finance has occupied key value among the most preferred MBA courses in top MBA colleges. The demand for the Banking, Finance and Insurance Management professionals has been rising year after year. India, being one of the fastest and largest major economies in the world with a large and upcoming Banking, Finance and Insurance services sector is moving up to actualize its full growth potential. As a result, there is a consistent increase in the demand for the skilled and well qualified management professionals with expertise in Banking and Finance to function in the challenging BFSI sector.

 

The MBA in Banking and Financial services program equips the budding managers with the skills required for successful career in Banking and finance sectors, mergers, acquisitions, managing the assets of a banking or insurance company in the right manner. The MBA in Banking and Financial Services is globally recognized qualification focused on taking initiatives in changing environment of Banking and Financial services sector. Financial Planning, controlling, and managing the financial resources are the major functional areas for which industry needs MBA in Banking & Financial services

 

Why Study MBA in Banking, Finance & Insurance?

 

The MBA programs in Banking and Finance range from being standalone to part-of-regular MBA program, from full-time to part-time and many other options. While all 2-year Full-Time Regular MBA programs offer this specialization in second year of their program, there are a few top Institutes offering Specialized MBA in Banking and Finance right from the day one.

 

If you pursue General MBA in top B-schools, you can choose your specialization in the end of first year but if you are taking admission in the specialized MBA program, you pursue your specialization on the day one of the first year. So, before entering the MBA program, you should give a thought to the idea whether you wish to choose your specialization after one year of study or want to pursue MBA in Banking and Finance without leaving scope for change. 

 

If you are passionate and clear about making a career in MBA in Banking and Finance, you can go for full time MBA in Banking & Finance specialization and join the specialized program right from beginning. Please note that top B-schools like IMI, SSBF, IMT, TAPMI conduct separate GD-PI-WAT for admission to MBA/PGDM in Banking and Finance programs.   

 

If you have less time and wish to complete your MBA specialization faster, you can join one-year full time MBA offered by many top B-schools. But if you are a working professional and cannot join a regular program, you can opt for part time or online MBA specialized program.

 

Scope of the Course:

There are many job opportunities available for MBA graduates in India. It’s one of the really growing fields right now. MBA students, the big attraction is a career change that pays well. Companies need marketing managers in good times and bad. They’re the one who get business and income for the company.  After completing MBA in HR graduates can open to work in the corporate work industry, schools, colleges, eminences and more. MBA in finance find positions that cover both financial institution like investment banks, brokerage firms, commercial banks and non-financial institutions such consulting firms and not for profit entities. In addition to a promising career MBA also offers its graduates the opportunity to explore advances research into international business.

There are several career opportunities after pursuing MBA in both private as well as government sector, such as –

IN GOVERNMENT SECTOR

·          

·         Healthcare

·         Operations & Project Management

·         Technology Management

·         Finance

·         International Business

·         Entrepreneurship

IN PRIVATE SECTOR

·          

·         Real Estate

·         Fashion Industry

·         Portfolio Management

·         Financial Research

·         Risk Management

·         Human Resource

·         Securities/Investment

 POSITION NAME

·          

·         Account Manager

·         Sales Manager

·         Brand Manager

·         Human Resources Manager

·         Equity Research Analyst

·         Digital Marketing Manager

·         Management Consultant

·         Healthcare & Hospital Manager

·         Project Manager

Top Recruiting Company

·         MasterCard

·         Asian Paints

·         Vedanta

·         Amazon

·         Flipkart

·         Reliance Jio

·         ITC Infotech

·         ICICI Bank

·         IDFC Bank

·         Tata Administrative Service (TAS)

·         Google

·         Panasonic Life Solutions

·         Google

·         Synergy Consulting

·         Aditya Birla Group

·          

MBA in Banking and Insurance: Syllabus:

A semester-wise breakup of the course syllabus is tabulated below.

Semester I

Semester II

 Principles and Practices of Management

 Insurance Management

 Communication Management

 Insurance Product

 Accounting for Managers

 Marketing Management

 Principles & Practices of Banking

 Marketing Information System

 Economics for Managers

 Banking & Insurance Management

 Financial Management

 Merchant Banking & Financial Services

Semester III

Semester IV

 Statistic for Management

 Resource mobilization and marketing of banking services

 Organizational Behavior

 Counter operations, savings bank, current account, and remittances

 Team management

 Retail Insurance management (housing, vehicle, consumer, and personal loans, etc); OR advance technology in banking (ATM, Internet banking, etc)

 Strategic Credit management

 Fundamentals of infrastructure project financing

 Legal Aspect of Banking

 Corporate Insurance management

 Treasury & Risk Management

 Mutual funds and portfolio management

 

Eligibility:

·         Required to have a bachelor’s degree in any discipline from a recognized institute with an aggregate of 45% marks

·         Admissions in various colleges is done based on MBA entrance exams like CAT, MAT, GMAT, etc