Why should one pursue MBA in Banking and Insurance?
Are you one of such students who desire a career that pays you a high amount of money
and respect in society? If yes, then you must be thinking to pursue a course that is
popular among the students. There are many courses out there you can follow to step
into a promising career. You should opt for the course as per your area of interest. For
example, if you seek a career in management, you can pursue a management course.
MBA is one of the most sought-after degrees among the students awarded for their
excellent and professional business skills. Many reasons make this course very popular
among the students; this programme opens a wide avenue of great career options.
MBA course is offered in multiple specialisations, including Finance, Human Resource
Management, Information Technology (IT), Logistics Management, Marketing
Management, Business Management, Rural Management, Health Care Management,
Operations Management, Event Management, Business Analytics, Banking and
Insurance etc. In this article, we will discuss the MBA in Banking and Insurance course.
Why should one pursue MBA in Banking and Insurance?
First of all, we should know why one should opt for Banking and Insurance management
as a career option. Over the last two decades, India has witnessed plenty of financial
institutions and banks entering the business industry, which run with substantial human
resources. Financial institutions and banks require a human workforce to expand their
operations. This sector promises plenty of jobs in the technical, administrative, and
management department. People with marketing and other managerial skills are offered
employment in this sector. Growth opportunities are vast and varied in Banking, Finance
& Insurance sectors. This sector is considered the safest and most stable industry in
terms of employment because India is a fast-growing market for banking sectors. In this
sector, you can find yourself challenging job positions at leading banks and financial
institutions and contribute to your company/ firm/bank’s growth and development.
If you seek a career in this field, you can pursue a professional management course in
Banking and Insurance at UG or PG level. The most popular course in Banking and
Insurance Management in India is an MBA in Banking and Insurance. Candidates who
have completed graduation in any subject from a recognised institute with at least 50%
marks can apply for admission to this programme. Many private and public institutes in
India offer this course. Admission to this course is done mainly through national, state,
or university-level entrance/ aptitude tests. If you want to pursue this course from an
institute located in Bangalore, you can consider ISBR, which is regarded as a top
Business school in Bangalore. After completing MBA in Banking and Insurance
programme, you can work as a Marketing Manager, Financial Analyst, Loan Counsellor,
Asset Manager, Insurance Manager, Credit and Risk Manager, Stock Analyst, Financial
Advisor etc. Top areas where you can work after completing MBA in Banking and
Insurance are as under:
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Banks
Insurance Agencies
Financial Consultancies
IT Firms
Academic Institutions
Mutual Fund / Stock Management Companies etc.
Hope now you have enough reasons to pursue MBA in Banking & Finance.