Tag: MBA

Business schools in many countries offer management courses tailored to full time, part-time, executive and distance learning MBA programs. Since MBA degree from any well-known institute not only offers recognition, but also a high salary package, a wide range of MBA programs are tailored with specialized concentrations like finance, marketing, accounting, information technology, human resource management and many other fields. In India, some MBA colleges offer post graduation diploma courses called PGDM programs which are approved by All India Council for Technical Education (AICTE). AITCE is an apex Indian government undertaking with a view to improve the qualitative technical education system throughout the country and regulate the norms and standards for planning the quantitative growth and matters connected therewith. Since the strength of any country’s economy lies in finance and banking sectors, the importance of MBAs in these sectors cannot be understated.

In India, all types of commercial banks, public sector banks, rural banks, foreign banks, private banks and urban co-operative banking institutions play a significant role in boosting the economy and financial position of the country. MBA degree is considered to be the foremost qualification which is required by these banking and financial institutions for their managerial level positions. MBA education in finance provides important knowledge about the financial skills and solutions for the issues relating to the domestic and international banking and services. Market analysis and cash management skills are two important areas which every MBA student must know how to handle. MBA with specialization in finance offers to learn a variety of subjects like costing, budgeting, corporate finance, international finance, investments, working capital finance and securities etc. MBAs pursuing their courses in finance can start their career in any investment firm or any banking institute as an associate manager. MBA in finance from top MBA colleges offers lucrative job placements from big companies and financial institutes. An MBA in finance has options to work with leading banks and non-banking institutions. He or she might have an option to work as a securities analyst or working with brokerage firms dealing in buying and selling of securities.

Degree of MBA in India from any reputed college is considered to be one of the most sought after degree aimed at providing high class management studies. Since the studies of marketing teaches about the art of selling products and services, MBAs has to analyze and assess the feasibility of products and services according to the market demand. They are required to introduce marketing strategies for marketing new products. They have to set marketing goals and have to work on branding, planning and adoption of promotional campaigns. In other words, marketing MBAs have to bring out new ideas and concepts which can help the companies and organizations to grow and prosper. Marketing MBA courses are designed to help inculcate good reasoning and problem solving skills which can help the individual to sell and market the products in difficult situations. MBA in marketing offers good pay-scale packages and jobs in this area are always in demand for all commercial, industrial and corporate sectors.

About Author: ISBF has been established to impart quality education with international recognition in the area of Economics, CFP, Management and MBA Education courses in India.

Visit us at: http://www.isbf.edu.in/ for more info on MBA and MBA Colleges and Finance courses.

Symbiosis School of Banking Management is one of the premier institutes located in Pune that is able to offer an in-depth analysis of the BFSI sector with its MBA in Banking Management program. Contrary to the regular Symbiosis MBA in Finance, SSBM focuses more on the concepts relevant to both banking and finance sector. The curriculum at SSBM is a fine balance of academics and extra-curricular activities that is able to give students the much needed grooming or training to become capable managers of the banking sector. In fact, Symbiosis Banking Management courses is one of the few programs in the country that has received an extremely positive feedback from the industry and in-spite of its relatively recent establishment, SSBM has fast grown to become a popular PG destination amongst students.
Organizing regular industry interactions so as to make the students aware of the latest developments along with inviting experts to share their opinions and experiences is one of the most religiously followed rules in the SSBM curriculum. In line with this tradition, SSBM will be organizing a special workshop on Mergers and Acquisitions in the second week of February 2013. The workshop will be conducted by Dr. Nilanjan Sen (Associate Dean, Nanyang Executive Education and Associate Professor, Banking and Finance, Nanyang Business School). With Mergers and Acquisitions happening on a daily basis, it is very important for the MBA in Banking Management students to do an in-depth analysis through such workshops.
The Symbiosis Banking Management program is a comprehensive approach towards understanding the BFSI sector. This workshop will help the students broaden their perspective and understand the functioning of the BFSI sector with regards to the latest developments in the industry. It is these distinctive features that put up SSBMs MBA in banking management program high on the preference list of students looking for options in their PG programs. In fact; hosting workshops, encouraging students to develop a proactive approach and even and learning through practical training are all an integral part of the Symbiosis Banking Management program in Pune.
The rigorous study routine is not the only part highlighted in the Symbiosis Banking Management program; SSBM balances academics with an equal dose of extra-curricular activities through its regularly organized events, creative clubs, etc where students are given an excellent platform to nurture their innate talents. This year the admissions 2013-2015 have yet again received an overwhelming response as millions of students aspiring to enter SSBM, have put forth their registrations.
This is just one of the many events organized by SSBM. Just recently, SSBM also organized a knowledge enhancing conclave with Mint-one of the leading newspapers of the country. Even during the coming year, SSBM has a series of interesting events lined up to create an interacting learning atmosphere for the students.
Currently the institute is looking forward to welcoming the new batch as they go ahead with the next round of group discussion and interview sessions. Applicants to SSBM can follow us onhttp://www.pagalguy.com/forums/xat-snap-iift-and-others/admission-2013-2015-at-ssbm-t-87968/p-3609268/r-4253981 for latest updates with regards to the Admissions 2013-2015.
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How an Online Book Store can be defined?
An online book store is nothing but a website owned by a dealer of various types of books like books on banking, law, taxation, labor law, CA, CS, MBA etc. Also online book stores usually maintain in accordance to the market they serve.
Reading knowledgeable books is a good habit to everyone. Books are a great source to get information on any topic or subject. Reading books is some peoples hobby too, they can spare a long time reading some informative books.
The Internet is a great source where you can find adequate and relevant information on any topic or subject. Buying books online is much easier and full of fun than purchasing books from on-road books shops. Online Buying of books not only save your time but also the physical exertion and money you spend while traveling to purchase books from the regular bookstore. Thus, buying books online is more advantageous than buying books from regular shops. As buying books online is fast, accurate, takes less time.
Bookcorporation is one of the leading book store of law, taxation, labor law, CA, CS, MBA etc. It has a wealth of books with considerable strengths in the law, Direct Taxation, FEMA, SEBI, Banking, Service Tax, Central Excise, Customs, Import, Export, etc. It aims to be the book store of choice for students, lawyers, Engineers, businessmen, labor etc.
Labor law books available online are full of information and updated labouring rules/laws which help to business and other industries. You cannot take any type of labour work from child under 14 years age, because this comes under the law. All such laws are fully explained in these law books. Books provide guidelines to us in all fields/areas for business or commercial point of view.
Another advantage of buying books online is the impressive discount offered by the online bookstores. Due to reduced cost of maintaining a physical store and paying the salesmen, you can get discount books online as well as a large collection of books too.
You have to very careful during search for online books, such as price and the right author name of the book etc. The same text book is sold at different prices on the Internet. So, you need to search various online shops that sell the same text book. You will experience the difference in prices by some book sellers for the same book or title. You can save some money by visiting some great online book stores online. Moreover, you don’t need to waste your time searching for the textbook in your local store.

Career in banking had come a long way since the 1980s. It is now one of the most sought after career, especially for high-calibre accountants. This was also encouraged by the narrowing of the salary gap between banking career and other careers. Many of those who had opted for a career in banking was also looking at other benefits such as training and development, intellectual challenge, career mobility and the global industry. Besides, there also instances where those in the banking career had received a bonus of 100% of their base salary.

A survey conducted had also shown that those who had a career in banking derived a lot of satisfaction from their career. If you are seeking for a career in banking, you have to be prepared to work as part of a big organisation. You are expected to share your knowledge with international markets and other business units. A career in banking also require that you think out-of-the-box and to have lateral thinking. You are expected to have great analytical and numerical skills.

In the first few years of your career in banking, expect steep learning curve and be prepared for inter-department transfer and change of job functions. Because of its international business nature, a career in banking can be exciting. A bank can not do away with information technology.

The followings are the possible job functions that you can apply for in a career in banking:

Product Analysis Financial Control Equity and Fund Analysis Risk Management Projects Operational Risk Review Corporate Finance Credit Analyst Loan Officer Branch Manager Trust Officer Mortgage Banker

To be a good candidate for a career in banking, you need to have good people skills. In some job functions, having good writing and accounting skills are essential too. Strong work ethics are more important than good academic results. Recently, those with good marketing skills are well-sought after. As corporate investment is also in high demand, those with strong inclination towards investment also will rise in the rank in a career in banking. However, you need to be prepared to put in long hours in your banking career.

The followings are a summary of the levels of requirements for your career in banking:

People Skills – High Marketing Skills – High Communication Skills – High Analytical Skills – Moderate Creativity – Moderate Initiative – Moderate

When it comes to salary for banking career, the starting salaries in a commercial banking range from $24,000 to $38,000. Those with MBA qualification command a higher salary ranging from $30,000 to $50,000. A Department Manager with more than 10 years of experience can expect a salary of $100,000. A senior VP earns about $200,000. There are also those high-profile manager who earns up to $500,000 per annum.

What does the future holds for a career in banking? The banking industry is undergoing a period of consolidation. Hence, you have to expect mergers and acquisition. As far as consumer’s behaviour is concerned, many are switching to ATM and online banking. Marketing officers have to meet their client at their homes instead of expecting consumer to visit banks. Specialised banking are also growing and middle management is in great demand.

For those who are still in the midst of their career search, a career in banking may be an exciting choice.

For undergrads and MBA students, the news that they have been selected for an interview at an investment bank comes with both excitement and dread. A position as an analyst or associate in corporate finance can be the first step towards a highly successful and highly lucrative career. Investment banking interviews, however, can be some of the most intimidating interviews out there, so let’s take a look at how to get prepared.

Before we jump into interview practice mode, we should take a step back and think about how we want to come across in the interview. In short, investment banking candidates should come off as bright, confident and likable.

In the final cut of selecting a hire, investment banks have already determined which candidates are smart and capable, so the decision comes down to who they like the best. So in addition to knowing a thing or two, candidates must remember to come across as a fun person to work with as well.

Know Your Story

Like any interview, candidates should have stories prepared about their lives that discuss their past, present and future. These are great answers for the standard questions:

“Tell me about yourself.” Or “Walk me through your rsum.” “Why are you interested in investment banking or this firm?” “Where do you see yourself in five to ten years?”

Candidates are highly likely to receive these or similar questions in any interview, and having succinct, practiced answers to them will give the impression of a polished candidate.

Your past story should highlight events that have qualified you for or gotten you interested in investment banking. Your present story should demonstrate why you want the particular position, how it is a logical step from where you are coming from and perhaps touch on where you hope the position will lead.

Your future story should discuss how investment banking will lead to where you want to go. Good future ambitions might be a managing director position in investment banking, a principle at a private equity firm, a CFO or perhaps and entrepreneur. In any case, you should communicate that those are long-term ambitions and you look forward to the experiences you’ll have in the position you’re interviewing for.

Know the Industry and Firm

Where investment banking interviews begin to get trickier is that firms will expect you to know what you’re getting into. If you confuse an equity analyst position with an analyst position in corporate finance, for example, you will not make it any further in the process.

You should understand the major divisions within an investment bank – sales & trading, corporate finance, research, etc. You should understand the hierarchy of positions within corporate finance – analyst, associate, vice president, managing director – and what each position does.

At the macro level, you need to understand the major differences between bulge bracket investment banks, middle market and boutique investment banks. You should also have a good answer for why you would prefer one type over another (and be sure that you prefer the type you’re interviewing with).