In MBA what should we choose to take up a job relating to banking sector ?
Hi Amrutha!
Well, getting a job in the banking sector doesn't really require an MBA but if you're looking for a specialization only then an MBA would come handy. That being said, banking has various sectors in it and depending upon what interest you, you would have to choose the specialization.
If you're inclined to only getting a job in the bank then you could look into public sector banks which recruit through government exams which are usually the following few examinations.
IBPS- PO, CLERK, SBI-PO, CLERK, Various Bank exams
If you're keen about securing a job in a PSU, this exam will help you get there. The syllabus is pretty much the same but will be focused on Aptitude, logical reasoning, and English both in the prelims and the mains stage. You will also have a personal interview stage here. The perks of the job are great with a decent salary, house rent allowance and other yearly perks but one has to be ready to move to rural places depending upon the posting.
RBI- GRADE B, Assistant.
This again is a higher level bak examination but the pattern is quite different. You'd have to be thorough with finance and economics before you attempt this exam and you should go through social issues. Apart from that aptitude and reasoning skills is also quite important.
If you feel that cracking government exams are difficult and you still want to enter the banking sector then only consider the MBA path in a top B school which will get you to work in different banks like ICICI, HDFC, Axis and many such private sector banks which offers a great package and high growth. Regarding the specialization, if you choose MBA finance you can work in Risk Analysis, Equity and Investment and if you're keen on marketing they have various profiles for that as well such as relationship manager, Ke account managers who drive lead and then sales of different loans to corporate and business clients.
Thus, banking has various roles depending upon the kind of profiles that interests you. If you haven't yet made up your mind as to what to select, you can enter an MBA course and later do the same.
Good luck and feel free to contact for further queries.
Hi!
For banking sector you can choose any branch of management except HR. From Finance you can opt for consulting and become a manager directly or from Marketing you can take care of the sales and ranking of bank from a third perspective.
hope this answers your query,
cheers!