MBA in Banking Management is a two-year
professional program for
training aspirants to upskill their conceptual knowledge in the fundamentals of
administration as well as specialization in banking management. The curriculum
includes corporate management, economics, accounting, business management,
marketing, human resource, production, business communication, statistics, banking,
and finance management among others.
The MBA in banking management is specially
designed to develop the
banking and financial skills of the aspirants to handle different divisions in the
banking and financial sector. It offers extensive details about the nitty-gritty of
the banking sector including investment firms.
The banking sector deals with accepting deposits from the general public and giving
loans to the general public in order to effectively circulate monetary resources
available in the economy. Here are presented some of the preliminary functions of
the banking sector to be imparted through MBA in
Banking management.
- Accepting Deposits: Bank has the main role of accepting deposits from the public
and in return paying them the rate of interest for depositing money with the
entity. MBA in Banking and Finance Management helps in
creating a strong customer base and retaining existing customers through quality
customer services.
- Giving loans: this is one of the most significant attributes of the banking
sector as huge income is generated from this source. The role of a bank is to
distribute loans to the needy sectors of the economy and in return earn from
rates of interest on such loans.
- Economic development: banks have the main objective to contribute to the
economic development of the nation. For this, they are directed to extend loan
services at highly concessional rates to the priority sectors of the economy for
the betterment of society. Distance
MBA
Course in Banking
management helps in setting up appropriate rates and maintaining higher
profitability in the banking sector.
- Profit maximization: after executing the roles of commercial banking as well as
social banking, banks have to accomplish profit targets. MBA in Banking
Management helps in chalking out strategies to balance the different aspects of
banking solutions and helps create no negative impact on the profitability of
the banking operations.
MBA in Banking management is gaining prominence among
students
because:
- Job security: The banking sector is one of the most preferred sectors as it
offers job security. Its specialization comes with its own set of advantages and
helps to take the career trajectory toward growth and development.
- Attractive salary package: The banking sector is well-known for providing
lucrative salary packages and has a high scope for career advancement.
- Career prospects: the banking sector is brimming with spectacular career
prospects as it offers lucrative pay packages along with potential prospects for
growth.
Online MBA in Banking Management from SGVU offers world-class study materials,
experienced academicians, and 100% placement assistance to students for robust
growth in the banking sector. The curriculum makes students acquainted with the
policies and procedures generally adopted by the banks for daily functioning.
Students can in-depth knowledge about risk management,
banking services, bank accounts, Internet banking, etc. It offers vast career
options including accounting manager, relationship manager