The realm in which we live today is full of uncertainty and unexpected challenges, in such context one must understand and be prepared for the meeting sudden challenges. No doubt, India is the second most populated country in the whole world, but on the other hand, the fact that on an average, an Indian child’s level of IQ is equivalent to that of a thirty five year old American cannot be ignored and in such respect one must understand the level of competition that exists in India. One might clear an examination by good marks but instead of celebration, the same person runs for preceding another course just in order to gain an edge over the others.
The answer for this question can be answered by way of knowing the abbreviation of the course itself. MBA stands for the Master of Business Administration and when a person completes the course, he or she has adequate knowledge about the business matters than an ordinary candidate. Therefore, the need for such degree do arise and especially where the competition is so stiff. The importance of this degree is being witnessed by all and one can very well observe that how a MBA degree leads to a better recognition of the business world. Sometimes, this very degree is also known as salary hike.
What type of MBA should be ideal?
As we all know that the MBA degree is very wide term which involves courses depended on various types of fields of administration such as marketing, finance, Human resource, etc. The most preferable form of MBA for good banking job shall be a MBA in Finance. For better results one can also take the Human Resource as complementary so that it gives them an edge over the candidates who have the same credentials. The finance section is a very complicated section which involves selection of the best financial resources in an organization and on the same hand, banking job is also about management of financial resources, therefore, the best form of MBA for a banking job would be a MBA in finance.]
What is the advantage?
MBA is a master degree which can be pursued after the bachelor degree, and being a master degree it provides an exclusive form of knowledge to the candidates in respect to their candidates which is very difficult for a layman to understand. Therefore, one must take into consideration, the level of knowledge, on the other hand, MBA also offers practical exposure to the candidates who are very important and therefore, when a candidate gets his or her MBA degree, the candidate is said to be literate with respect to the theoretical part as well as the practical part. This is something which is absent in other candidates and hence, becomes the advantage of few.
Can I pursue MBA after entering a bank job?
Yes, many banks which are willing to support their management team, they offer such assistance to their candidates, so that the performance of their bank improves over a period of time. So, in today world you need extra qualified and skills to stay ahead from your competitors.
Are bank preferred MBA degree holder than graduates?
Not all government bank preferred MBA degree to recruit probationary officers or clerks, but private sector banks demand for it. So be ready to fulfill your dreams. There are lots of universities today offering full time and distance learning MBA degree. You can read very informative articles on topmba.com i.e. full time vs distance learning MBA degree.