Quick Guide to MBA Banking & Finance

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QUICK GUIDEMBA-

BANKING &FINANCE


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Quick guide to MBA- Banking & Finance

Contents

1. Introduction 3

2. Eligibility 5

3. Course Content 7

4. What after MBA in Banking & Finance? 9

5. International Appeal 11

6. List of Institutions offering MBA Banking & Finance in India 13

7. List of Institutions offering MBA Banking & Finance in USA 14

8. List of Institutions offering MBA Banking & Finance in UK 14

9. Recommended Products 15

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The history of banking and finance dates back to

600 B.C. In Egypt, Babylonia, and Greece, the

temples were used to practice the early form

of banking for approving loans. The concept

of “Private Banking” was modified by the Greeks, Ro-

mans and Byzantines. During medieval era, the bank-

ing system was led mainly by the Jews and Levantine.With the passage of time, many purpose-oriented

banks such as the Bank of Venice (1171), the Bank of

Amsterdam (1609) and the Bank of England (1694)

came into existence for looking after loans and receiv-

ing gold and silver deposits.

With the development of trade and commerce,

modern banking system has witnessed a sea change.

As a financial institution, bank performs several func-

tions, including accepting deposits, giving loans,

agriculture and rural development, etc. and plays an

important role in the development of the country’s

economy.

The banking sector, an important industry for the

Indian economy in general and financial sector in

particular, comprises nearly 90% of the total financial

services of the country. With the potential to become

the fifth largest banking industry in the world by 2020

[MBA in Banking & Finance combines academic excellence, opportunity and Real-world experience to specialize in nancial landscape.]

Introduction

FAST FACTSProgramme: MBA in Banking & Finance; Duration

two years; four semesters

Eligibility: Any Graduate

List of entrance exams in MBA Finance& Banking:

CAT, XAT, SNAP, CMAT, MAT, ATMA, NMAT

Prominent institutes for MBA-Finance: NIBM,

Pune, TAPMI, Institute of Public Enterprise

Hyderabad, Symbiosis School of Banking and

Finance Pune, NMIMS Mumbai, International

Management Institute New Delhi

Fee: Rs. 8 lakh to Rs. 15 lakhEarning Potential: Rs. 5 lakh per annum.

Professional Roles: Investment Bankers,

Investment Banking Associates, Credit Managers

and Specialists, Financial Managers, Financial

Analysts, Accounting Managers, Chief Financial

Ofcers, Treasurers and Finance Ofcers,

Top recruiters: J.P. Morgan & Co., Goldman

Sachs, Morgan Stanley, Merrill Lynch, Bain & Co,

Boston Consulting Group, Deloitte Consulting,

PricewaterhouseCoopers, Monitor Group, Kodak

Mahindra Bank Limited










and third largest by 2025 according to KPMG-CII report, India’s banking and finan-

cial sector is expanding rapidly. The Indian banking system consists of 27 public

sector banks, 20 private sector banks, 43 foreign banks, along with 61 regional

rural banks (RRBs) and more than 90,000 credit cooperatives. The Indian banking

sector’s assets reached USD 1.8 trillion in FY14 from USD 1.3 trillion in FY10, with

70 percent of it being accounted for by the public sector.

The BFSI sector is also expected to recruit about 8.4 million people as per the

growth rate each year. Between 2008 and 2022, the BSFI sector workforce require-

ment is expected to be about 4.2 million and the sector may create up to 20 lakh

new jobs in the next 5-10 years. According to a report by The Financial Express,nearly 4 lakh public sector bank AGMs, DGMs will retire in the next 4 years, so pub-

lic sector banks will face a manpower crisis. On the other hand, RBI is all set to

give permissions for new banks to function in the country. Commenting on the

situation, Dr. S.B. Mujumdar, President & Founder Director, and Symbiosis Socie-

ty says, “There is a need to recruit and train the additional staff as public sector

banks will have to face the challenge of retirement of a large part of their workforce.

Some estimates suggest that close to 500,000 employees of public sector banks

would retire over next five years. Apart from this, the Banking & Financial Services

Industry as a whole is on the path of growth and is at the same time fraught withchallenges.”

The BFSI Sector Skill Council of India plays an important role in organizing Bank-

ing, Financial services and Insurance industry together and also creates strategies

and operational plans to fulfill the standardized skill requirements for the various

job roles in the industry. Companies operating in BFSI sector have been more ori-

ented to introducing new products, leveraging technology, deploying innovative

strategies and ramping up distribution networks. In addition, greater levels of con-

sumer awareness about various investment options have enlarged the potential

of this sector to cater to the various strata of society. To champion this drive, there

is an urgent need of a new generation of bankers and experts in financial industry

who need to be identified and their talents nurtured. Moreover, to provide support

in areas like infrastructure development, specialized risk management, globalized

face of banking and efficient technology platforms to facilitate safer, quicker, trou-

ble-free and error-free banking transactions for the customers, the BFSI sector

needs large number of trained professionals. To meet this target, top B-Schools

are providing MBA programs with BFSI specialization. In spite of global economic

changes, MBA programmes in BFSI remain a prime choice among MBA aspirants.










Master in Business Administration is a two-year degree programme. To be

eligible for admission to MBA Banking & Finance, the candidates should

have a Bachelor’s Degree from any recognized university with at least

50% marks.

Many top B-Schools in India offer specialization in various disciplines of busi-

ness management. Premier B-Schools either accept scores of national-level orstate-level entrance exams, like CAT, MAT, or conduct their own tests to select can-

didates. Common entrance tests are mainly objective-type, multiple-choice papers

that include Quantitative Ability, Data Interpretation, Logical Reasoning, Verbal

Ability and General Awareness.

The top national-level MBA entrance tests include:r CAT (All IIMs’ and 100+ more institutes)

r XAT (XLRI Jamshedpur, XIM Bhubaneswar

r S. P. Jain, GIM etc.), SNAP (Institutes affiliated with Symbiosis University)

r MH-CET (Colleges in Maharashtra)

r CMAT (All India Council of Technical Education)

Scope for Higher Studies after MBA Banking & Finance:r Doctor of Business Administration (DBA)

r Doctor of Philosophy (Ph.D.) in Management

r Executive MBA

r Fellow Program in Management (FPM)

[Candidates, who wish to pursue MBA in Banking & Finance, should have passedBachelor’s Degree from any recognized university with at least 50% marks.]

Eligibility










INDIA’S BEST

B-SCHOOLS

Click here forLatest Ranking

r Management Development Program

r Doctor of Philosophy (Ph.D.) in (Business Management)

r Doctor of Philosophy (Ph.D.) in (Banking Technology)

Personal Skills required for pursuing MBA Banking andFinance:r Analytical ability

r Quantitative skills

r Knowledge of accounting principles

r Knowledge of financial management principlesr Ability to interpret numbers and draw conclusions

r Concrete knowledge on banking concepts

r Ability to handle a wide variety of tasks

INDIA’S BEST B-SCHOOLS


http://www.bschool.careers360.com/colleges/ranking













MBA in BFSI is a full-time degree course, consisting of four semesters. The

first two semesters are common to all the MBA programmes and the last

two semesters are meant for specialized subjects and finance-related

topics. The duration of this course is two years. With a degree in MBA

Banking & Finance, you will find ample opportunities in the corporate world. You

can easily get your dream job with financial institutions, large and small-size indus-

trial firms, service-oriented firms, non-profit enterprises and many others.

MBA in BFSI covers major subjects including, portfolio management, invest-

ment banking, retail and commercial banking, corporate finance, corporate restruc-

turing and other related areas. In this specialization, many functional areas are cov-

ered including, Strategic Financial Management, Commercial Banking, Corporate

Finance, Banking Operations, Mergers & Acquisitions, Business Valuation, Credit

Analysis & Advances, IT in Banking etc. In addition, many important concepts such

as foreign currency, derivatives, equity, technical and fundament analysis, and use

of Excel in technical analysis etc. are also covered under this program.

[Course content for MBA in Banking & Finance aims at fullling the dreams ofyoung aspirants and nurture their talents to deliver superior quality service throughsharp acumen, right knowledge, skill, attitude and decision-making capabilities.]

Course Content

MBA

BRANCHES

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Core subjects of MBA in BFSI include:r Investment Banking: It is a specific division of banking related to the creation of

capital for other companies, governments and other entities. Investment banking

is comprised of three main areas, including investment banking division (IBD),

sales and trading (S&T), and asset management. Sometimes it is referred to as

corporate finance.

r Risk Management in Banks: Risk management in banking operations includes

risk identification, measurement and assessment. It gives executives a detailed

and broad overview of risks in a banking environment.

r Business Valuation: It is a process and a set of procedures used to estimate the

economic value of an owner’s interest in a business. It is also used by financialmarket participants with a view to determine the price they are willing to pay or

receive to affect a sale of a business.

r Wealth and Tax Management: It focuses on techniques and tactics for effective

management of wealth and tax.

r Fund Management and Alternative Investments

r Rural Banking and Micro Finance

r Financial Modeling using MS-Excel and VB

r Trade Finance (Including HP and Leasing)

r

Treasury Management (including Asset Liability Management)r Corporate Governance and Ethics

r Retail Banking and CRM

r Foreign Exchange Management

r Project Appraisal and Finance

r Fixed Income Securities

r Bankruptcy and Reorganization

r Wealth and Tax Management

r Financial Accounting

r Management Accounting

r Financial Statement Analysis

r Econometrics

r Commercial Banking

r Introduction to Marketing

r Macroeconomics

r Investment Theory

r Economics for Finance

r Bank Regulation

r Money, Banking and Monetary Policy

r Business Law










Job ProspectsMBA in Banking & Finance has become one of the sought-after degrees among

all specialized MBA programmes because of globalization and dynamic financial

environment. Banking and Finance sector has immense growth potential. Accord-

ing to R. Venkatasubramanian, General Manager (Marketing and Human Resourc-

es) of City Union Bank Limited, the sector is bound to grow manifold during thisdecade. He also informs that the Reserve Bank of India is also planning to expand

banking to nearly 70% of the villages by the year 2020.

According to a KPMG report “If we look at statistics, India being one of the top

10 economies of the world and with relatively lower domestic credit to GDP per-

centage provides great opportunity for the banking sector to grow. Indian banking

is expected to become fifth largest by the year 2020 and third largest by the year

2025.”

Among 100 banks in the world, State Bank of India stands at the 38th position

in terms of the size of assets and ICICI Bank, India’s largest private sector lender

stands at 99th position. As per the growth rate each year, the Banking and Financial

Services Industry is expected to recruit about 8.4 million people. Between 2008

and 2022, the workforce for Banking and Financial Services Industry is expected

to be about 4.2 million. The Banking and Financial Services Industry may generate

up to 20 lakh new jobs in the next 5-10 years.

[After successful completion of MBA in Banking & Finance, students will able tomanage a wide range of nancial activities of companies and organizations.]

What after MBA inBanking & Finance?










The National Skill Development Corporation (NSDC) has estimated that Bank-

ing, Financial Services and Insurance (BFSI) sector in India will require an addition-

al 1.6 million skilled workforce by 2022. During 2013-2022, BFSI sector is expected

to generate additional employment of over 1.6 million, NSDC said in its report.

According to the BFSI Sector Skill Council of India, by 2022, the projected

requirement of the BFSI sector is 8.5 million - which is an increase of about 4 - 4.5

million from where we stand today. Many business leaders across BFSI sector are in

favour of skill development to bring about progress in India’s economy.

If you analyze the current placement report of top B-schools in India, you willcome know the actual job prospects for MBA in Finance and Banking profession-

als.

Companies like Axis Bank, Evalueserve, ICICI Securities, State Bank of India,

KPMG, Deloitte, Federal Bank, ICRA Management Consulting Services, Standard

Chartered Bank, HDFC Bank, ONiCRA and many others recruit candidates who

have done MBA in Banking &Finance.

Job Profles

r Investment Bankers

r Investment Banking Associates

r Investment Sales Associates and Traders

r Credit Managers and Specialists

r Financial Managers

r Financial Analysts

r Accounting Managers

r Treasurers and Finance Officers

r Cash Managers

r Risk and Insurance Managers

r Management Consultants

r Relationship Manager

r Debt Acquisition Officer

MBA BRANCHES

IN INDIA

Know AboutMost Popular


http://www.bschool.careers360.com/courses/popular













The 21st century has seen an evolution in investment banking. Especially,

after globalization, we see tremendous changes in corporate finance. Finan-

cial operations have become more sophisticated and subject to more regu-

lations. To thrive in the markets, banks adopt international best practices in

areas such as prudential norms, risk management, supervision, transparency and

disclosures.

In the international sphere, the job opportunities for MBA professionals with

specialized degrees in Banking and Finance are immense because many business

firms expect their new recruits to be more technical than ever to meet the financial

exigencies.

Most of the MBA in BFSI professionals are fascinated by careers in investment

banking because of compensation, training programmes offered by individual

investment banking firms, and exposure to major players and deals. In spite of

onerous regulation, falling activity and political and public distrust, investment

banks across the world are becoming more inclined to hiring MBA graduates for

effective and efficient management of finance.

In the international field, the hiring of investment banking firms is increasing.

Barclays, HSBC, JP Morgan and Citigroup have also increased their number of

employees.

[XX Engineering has a great value in both domestic and international businessarena. This course has been considered as a two-edged sword in the hands of theprofessionals.]

International Appeal










“We have seen very consistent hiring numbers since 2008 with no decrease in

demand for MBAs,” says Deirdre O’Donnell, associate director of the Career Devel-

opment Office at the US’ Tuck School of Business.

BNP Paribas, a French multinational bank and financial services company with

global headquarters in Paris, recruits thousands of new employees every year both

in France and abroad. In 2014, the Group recruited 17,432 people on unlimited

employment contracts, 2,265 of them in France, thus far exceeding its undertaking

to hire 15,000 new employees during the year. At end-2014, the BNP Paribas Group

numbered 187,903 staff based in 75 countries.

After successful completion of MBA in Banking & Finance, an aspirant can get

his/her dream job with world’s renowned companies, including Bank of America

Merrill Lynch, Citi, Deutsche Bank, Goldman Sachs, J.P. Morgan and Morgan Stan-

ley, Barclays, Credit Suisse, UBS, BNP Paribas, HSBC, Nomura, Royal Bank of Scot-

land and SocGen and many others.

In USA, an MBA Banking & Finance degree holder, having 1-4 years and 5-9

years of experience, can earn $75,076 and $100,035 per year, respectively. In UK,

an employee having 1-4 years and 5-9 years of experience earns £39,443 and£45,509 per year, respectively. Moreover, an employee having strong knowledge

and rich experience ranging from more than 20 years earns £100,000 per year.

BBA

ENTRANCE EXAMS

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List of Institutions offering MBA Banking & Finance in India

S.No Institute Name Total

seats

Course Website

1 National Institute of Bank Management, Pune NA Post Graduate Diploma

Program in Banking and

Finance Management

http://www.nibmindia.org/

2 TAPMI Management Institute, Manipal 60 Post Graduate Diploma in

Management - Banking &

Financial Services (BKFS)

http://www.tapmi.edu.in/

3 Symbiosis Scho ol of Banking & Finance,

Pune

60 MBA Banking & Finance http://www.ssbf.edu.in/

5 Institute of Public Enterprise, Hyderabad 120 Post Graduate Diplomain Banking Insurance and

Financial Services

http://www.ipeindia.org

7 Amit y School of Insurance, Banking &

Actuarial Science

NA Diploma in Banking and

Finance

http://www.amity.edu

8 Chitkara University Punjab NA MBA Banking & Finance http://www.chitkara.edu.in

9 Vidya Bharathi Group of Institutions, Cochin NA MBA Banking & Finance http://vidya.ac.in/

MBA ENTRANCE

EXAMS

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List of Institutions offering MBA Banking & Finance in USA

Carnegie Mellon University

Cornell University

Dartmouth College

Duke University

Massachusetts Institute of Technology

University of California

University of Maryland

University of North Carolina

List of Institutions offering MBA Banking & Finance in UK Lancaster University

University of Liverpool,

Newcastle University

University of Birmingham

University of Leicester

University of Oxford

London Business School

University of Cambridge

University of Warwick

University College London








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