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
·
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
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