As Monsoon Arrives, Admission Frenzy Grips Students Again

It’s that time of the year when there lingers a whiff of freshness in the air. Its time for the monsoons to arrive. After a gruelling hot summer which only seems to get worse by the year, monsoons bring about freshness, cooling down temperatures and spreading greenery all around. It is also the time for admissions when over a million students out from higher secondary education or graduation look to forward their higher education in the field of their choice. A decision that will have a telling effect on their careers ahead, something which many may not be fully aware of at this stage.

Higher education is a prerequisite today in terms of building up on one’s own career. That is why it is highly important that after an individual chooses the preferred career path, one should pay outmost importance to the type of institution in which to pursue the same. Much unlike the monsoons which follows a seasonal pattern, the industry needs change from time to time. Today the industry values skill sets, communication skills and work experience more unlike in the past when just a master’s degree would suffice.

So while most institutions promise a lot and have blatant promises printed in their prospectus and websites, it pays a lot not to heed such places. As compared to IT where every person needs a thorough grounding in software, fields such as Mass communication, Management, Banking & Finance and Commerce, work experience along with supporting theory is a must. In this respect today many distance education institutes give good value with their training and syllabus as they allow you to work simultaneously which is not possible in regular colleges. With modern technology and educational tools, these distance learning providers have managed to involve greater interactivity and have found ready acceptance in the corporate industry.

Whatever institution you might choose at the end of the day, remember to follow the following pointers to avoid dejection later on:

·         Do not go fall for flashy promises in the prospectus. Always make sure to visit the place in person, talk to alumni if possible and research on the net

·         Look for skills needed in your profession and if these are being provided by the college you wish to join

·         Look for options if the institute is providing you to work while you learn

·         Try and know the faculty from before. Industry based faculty is the best as they understand what is in demand

·         Find out if the institute is UGC approved and in case of distance education if it is approved by DEC (Distance Education Council)

·         The more the alumni base of an institute the better it is. For Example: Sikkim Manipal University-Distance Education has more than 3 lakh alumni from 52 countries

·         Lastly but not the least, find out if the institute provides for placement assistance and how well it is recognised in your choice of field as such.

Sikkim Manipal University Launches MBA in Banking & Finance

Banking & Finance is a much sought after field in the industry today. It is perhaps the only field to have got a shot in the arm due to recession owing to shortfall in managerial talent. Close to 5lac banking professionals are going to retire in the next five years, which accounts for 50% of the total work force. Add to that the rapid expansion plans of Banks within the country to service a growing work-force and you have about 2 lacs vacancies in this year itself.


That is the reason why SMU-DE has introduced the MBA in Banking & Finance. The 4-semester course will cater to working professionals in banks who would want to position themselves at par with fresh MBAs who would typically join the banking sector as assistant mangers and above. The course syllabus has been created by industry based professionals and SMU-DE faculty, taking cues from market demands of the banking sector. The degree will provide flexibility to upgrade skills across space and time by embracing technology.

The Indian Banking sector has seen an exponential growth since 1991 primarily due to liberalisation, granting license to small private banks and the entry of big private banks into the market. The banking sector is growing at a pace of CAGR of 7% since the year 2000. Even with this robust growth rate, the penetration of banking services stands at a measly 35% in India, which is much lesser as compared to other countries. On the backdrop of such low penetration levels, the Indian Banking sector has a significant potential for growth.

SMU-DE is geared to create trained professionals who will stand up to this demand and meet the challenges going forward. With faculty boasting more than 15 years of industry experience and industry experts for interaction on a weekly basis, the course focuses on all aspects of Banking & Finance and has a high dependency on imbibing skill sets with emphasis on statistical techniques, risk management procedures, communication strategies and financial planning.

Candidates pursuing this course can start from the level of Assistant Managers. A quick recon of current SMU-DE students throws up each and every public and private bank in the country. SMU-DE students are employed across various functions within banks, including audit managers, centre heads at Cooperative banks, Economic Analysts, heading banking operations and so on. Adding on crucial work experience while they learn opens up further opportunities not just in the country but abroad as well.

For more information just visit MBA in Banking and Finance or call 1800 266 7979 toll free.