What to select in MBA specializations, for getting the jobs in banking sector (managers) ?
Hi Amrutha!
If you're keen about getting into an MBA this year, and if you have already made up your mind to take up a job in the banking sector, then it is important for you to understand which specialization suits you the best.
MBA Finance and MBA Marketing
or PGDM is the highly opted course if one is keen on getting into a bank. Usually, the major private banks like HDFC,ICICI, Axis, SC, hire MBA graduates for different roles. It's important for you to know which role you want to take up.
MBA Finance
If you specialize in MBA finance, these are the following fields you can work in.
- Corporate Finance
- Risk management
- Treasury
- Loans
- Equity
Each role provide you with multiple opportunities and with some certifications like FRM, CFA, you can become specialized in it.
MBA Marketing
If you specialize in MBA Marketing, these are the following fields you can work in banks.
- Relationship manager responsible to bring leads
- Brand management
- Product management
- Advertising
- Marketing analytics
That being said, it all depends on the kind of interest you have. If you are looking for a specific college in banking there is NIBM and if you have interest only in general banking, there are government examinations you can choose from.
National Institute Of Banking & Management
- Factors to consider - Established By RBI And Brand Value. Apply For This Course Only If One Is Interested In Banking And Financial Services.
- Fees 5.5 Lakhs
- Average Salary - 6 Lakhs
- Recruiters - IDFC, Cognizant, ICICI, HDFC, Axis Bank, CRISIL, Deloitte, Yes Bank And Many Other Companies In The Banking Sector.
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.
Good luck!
