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.

Changing Dynamics of MBA

It hardly surprises one anymore to find out tens of B-schools located in every locality of the popular metros in the country. In fact the buzz as of now revolves only around IT and Management. However, since the beginning of the new millennium when management studies started to gain ground in the country things have changed widely vis-a-vis the global industry scenario. Today there are close to 2000 B-schools across the country and I am talking about only AICTE (All India Council for Technical Education) recognized ones. With every management school promising six figure salaries, high tech courses on the lines of IIMs and free gadgets on enrolment, how do you select the right institute from the one based on empty promises?


The answer lies in understanding the changing dynamics of MBA itself. When management first made its way into the country and a few years after that, every MBA graduate from any institute got picked up with fat pay cheques. However now with lakhs passing out each year, companies and the industry in itself has become extremely cautious hiring candidates who have set skills and work experience only.

At Sikkim Manipal University- Directorate of Distance education we understand the changing needs of the time and have designed our course specifically. Instead of making empty promises and doling out free gadgets we encourage and assist students to work while they study with us. To further stay in sync with the management industry we have got faculty members with more than 15 years in the management field to formulate the syllabus and revise it annually to stay abreast with the market changes. Doing all this has ensured that our management students work for the best public and private sector companies. Thus, when actions peak louder than words, there is no need for empty promises.

Sikkim Manipal University Distance Education (SMU-DE) offers 5 different courses in the field of Management. Bachelor in Business Administration (BBA), BBM in Retail Operations (BBMRO), PG Diploma in MBA (PGDMBA), PG Diploma in Business Administration (PGDBA), and MBA are the courses on offer. With heavy emphasis on skill sets and communication techniques, the courses offer you the luxury to study at your own pace and time. This is made possible by EduNxt, the award winning learning platform that supports video chatting with lecturers and industry mentors, counselling, online library and much more. This in turn provides you with ample time to work as well as study thereby increasing your educational qualification while adding on crucial work experience at the same time. These two when combined counts the most in today’s capitalist market.

With markets reviving post the economic slump, India is going to see even more investments in the coming years. This will place a greater demand for management professionals who have the required skill sets and management experience so that they can provide the new company a solid grounding to start. SMU-DE believes in creating individuals who are ready to take on such a future and face any challenge thrown in the way. The big winner however will be YOU.

For more information visit http://www.smudde.edu.in/mba_course/ or www.smude.edu.in or call on 1800 266 7979 (Toll free).