Month: November 2018

Whether you do a regular course or a diploma course, once the course is complete, you can start looking for jobs in both the public sector as well as the private sector. Banks regularly advertise jobs in newspapers and employment weeklies. The Reserve Bank of India and other nationalized banks hire banking professionals in clerical positions and Grade A and Grade B officers. There is a preliminary test held for these posts after which the candidates are selected for interview and discussion. Government banks hire banking graduates as Probationary Officers. There are other fields of banking too where jobs are available for banking graduates. These include Merchant Banking, Investment Banking, Treasury and Forex Department, Department and Foreign Exchange, etc. In private banks, the scope is even wider with banks hiring on positions such as credit control managers, corporate banking executives, relationship managers and customer care executives.

Outside India also, job opportunities for banking graduates are tremendous. Many international banks hire qualified professionals for various profiles on competitive salaries. Foreign banks operating from India also hire banking graduates. Thus, banking courses have become very popular in the recent past and more and more students are opting for such courses. They open up an array of opportunities for young graduates willing to make career in this lucrative field.

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.

Liberalization of Indian Banking sector post 1991 led to a shift in banking culture from Class banking to Mass banking. This sector was and will continue to be the backbone of Indian economy. According to RBI, Indian banking industry is now well-regulated and adequately capitalized compared to banks across other developed countries. This has helped them in remaining resilient in the wake of global meltdown and sub-prime crisis.

Increasing presence of foreign banks, heightened competition and rapid technological advancement forced banks to become cost efficient and financially strong. Taking risks is part of a banks core business. They borrow money in the form of deposits and leverage it to lend it to borrowers at a higher rate. Banks therefore need to be highly regulated as even a small liquidity problem can create panic amongst depositors”, further deteriorating liquidity.

Since accepting deposits and providing loans and credit is primary business of a bank, some loans are bound to go bad. Making provisions for such losses on bad debts is therefore important to maintain liquidity. They also carry huge liabilities in the form of customer deposits. The best parameter used to judge a bank is the level of Non-Performing Assets it is carrying on its balance sheet. These are loans that do not pay off their principle amount or interest for at least 90 days. Due to its peculiar nature of business, cash flow statements of banks do not provide much insight into their performance.

Five important factors that investors should judge before investing in a bank are capital adequacy, credit quality, liquidity position, earnings and capital efficiency. Recent sub-prime crisis has highlighted the importance of banks” credit quality.

Banks usually pay-out dividends and are high yielding stocks. Performance of banking stocks on stock markets is directly impacted by overall economy”s health and changes in interest rates announced by RBI. This is reflected on Bankex, the index for banking stocks.

Indian banks are still recovering from the last year”s sub-prime effect and experts believe that several banks are still trading at a much lower price-to-earning ratio compared to the overall market. While public sector banks are shedding their excess flab by pruning manpower and NPAs, private banks are seen consolidating though mergers and acquisitions.

Government”s effort to encourage public sector banks to keep lending during the slowdown is expected to show positive results as soon as the economy shows positive signs. Private Banks played smart by shifting their focus from corporate lending to retail lending to cap their losses. Besides, indications from RBI that it does not plan to increase interest rates any time soon also helped improve investor sentiments about banking stocks. Experts believe that credit off-take will increase around 18% to 22% during the remaining part of this year driven by soaring demand from corporate sector.

You may visit any bank today and you’re bound to find a wide range of bank accounts to choose from. Ranging from savings and current accounts, to investment and loan accounts, there seems to be an account service for every banking need. Whether you want to open a Deposit account, Money Market account, or Savings account at any bank, make sure to do a little research on that bank.

Online resources provides you a list of bank reviews that include basic information on the bank, address, minimum balance to open an account, interest rates, and fee. You may also share with different people around the net if you have had any experience dealing with a specific bank. These data points are included in search results to help you make the best choice and see for yourself the best bank reviews around the net.
The bank ratings, bank ratings stars, local bank ratings etc. are only some ways to gather information about a certain bank that you ought to invest in. There are several trusted sites online that will provide you with bank ratings list. Bank ratings guide are also important so that you will determine the parameter of these sites in rating the performance of the bank in many aspects.

There’s a whole other world of dedicated accounts for consumers to choose from. Current account is classified as a general type of account; a consumer might actually find a handful of different current accounts with any given bank – each with its unique set of features. However, despite the sheer selection of accounts available to consumers, banks usually make it pretty simple for consumers to compare their options and choose an account that fits their financial needs, bank comparisons and bank reviews ratings are also a wise step to take.

So, there’s no need to feel overwhelmed by the seemingly countless bank accounts available on the market. Once you understand the features that accompany every type of account, you’re sure to be able to make an informed account decision.

What’s more, banks usually make it just as simple for consumers to apply for a bank account, most often inviting online account applications. Yet, if you’re still unsure about the various features tied to a set of bank accounts, the next step is to contact the bank directly. A banking associate can explain to you which account features come with each type of account. Talking to a representative directly also gives you the opportunity to relay what you’re looking for in a bank account – thus, making it easier for banking associate to recommend a bank account that matches your needs.

Online is a good place to make initial bank comparisons and online bank reviews. Online Banks often clearly lay out their account options right on their website, so you can quickly and easily compare account features based on what you’re looking for. You’ll be able to compare account features such as any applicable monthly fees, whether the account comes with overdraft or identity theft protection, whether any type of insurance cover is included with the account or whether you get added perks with your account.

Bank technology has been in the headlines of late for all the wrong reasons. Banking downtime is becoming a more frequent occurrence, or at least an occurrence that gets noticed more often, it can be stressful dealing with your financial account every now and then, thats why investing in these reviews and comparisons is a great help. Discover banking experts share their mind with you and find out if you are banking in a right bank.