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Tag: PGDM in banking and finance

MBA: Re-architecting investment banking in 2022

Posted on by Imarticus Learning

If you think that the prospects of an MBA degree are diminishing under the various other job opportunities in the financial sector, you might want to re-think. MBA is still a prosperous career for people having any kind of degree. One of the best options at the moment is an MBA in Investment Banking. 

Conveniently, there are plenty of courses online and one of the best online MBA courses available is the MBA In Banking & Finance Management in collaboration with Jain University. It is also an NMIMS Online MBA, offered in Distance Education. 

How to pursue a career in Investment Banking with an MBA?

Clearing the MBA is the final step. You must do some thorough background work to ensure your prospects are high in investment banking. It can be a last-moment decision but some long-term work on this route will help you be better prepared.

  • The first step is to learn as much about this industry and what is the role of an investment banker.  
  • The second step is to do a self-assessment to see what skills that you are better at. Investment banker needs to have a small set of personal skills including communication and decision-making skills. Quantitative abilities and interactive skills are crucial for dealing with various clients. 
  • The third step is to increase your network both personally and in the digital world. Connecting with other investment bankers can give you a proper insight into what is expected of you. It will help you decide if you are good at it or if it is beneficial to you. 

An ideal MBA course will help you set the foundation, both in qualitative and quantitative areas. This is why one must choose from the best online MBA courses. 

Which stream of MBA is ideal for Investment Banking?

MBA in Investment Banking is the best option. The other options available in finance and statistics would also work. Many of those available courses will have a curriculum having all of these sections. The NMIMS Online MBA course is one of the top-rated. 

Investment Banking is a highly competitive career so having a business management background is crucial and an opportunity to brush up on the skills that will help you reach the top tier in the future. 

Points to understand

People usually take an MBA degree as an option of trying out new fields, or as a step to figure out the proper course of their careers. This is not the way to go if you are pursuing a career in investment banking. 

To be a successful investment banker, you must be laser-focused on this industry as well as have a clear mindset about your needs and abilities. Once you make up your mind, go through those three steps mentioned above.

Once you have your path well designed, an MBA in this field will comfortably take you to your destination. 

MBA and Investment Banking

Completing an MBA in IB helps the aspirants to land a job more easily than other courses. Getting a degree from top universities increases your chances. It can give you higher starting salaries than in other fields. 

As competitive as the field of investment banking is, there is still room for people who have a competitive spirit, have the needed talent, and are ambitious. It is a stressful career for many and only those who can endure it would survive. 

One of the key turning points here is to have some kind of internship while doing the undergraduate course. To get the best out of such experiences is to invest in a target MBA such as the one specifically for Investment Banking. 

5 Ways IT Industry Changed How Banking Looks !

Posted on by Imarticus Learning

In the modern world of technology and finance, it is hard to imagine how a banking system would function without computers. As far back as 1982, banks were using ATMs for customers to withdraw money from their accounts. These days, they are also using credit cards with smart chips that contain information about the cardholder stored on them, making transactions easier.

Computers have made other aspects of banking more efficient, such as wire transfers between countries to make payments and international trade easier. The evolution of IT in the industry has changed how banking looks in many ways over time – here are five fundamental changes you should know about!

  1. Banks are starting to offer more digital-only services because of the rise in mobile banking

In mobile banking, mobile devices are used to transfer money and keep track of financials. Mobile banking has allowed people to save time and do their transactions on the go instead of waiting in long queues at a bank or ATM. Digital mobile transactions can be traced more accurately and taken care of with ease because it is calculative and displayed in an accessible format.

  1. Cashiers don’t have to work as much and can focus on other tasks like customer service.

Due to the digital transformation in banking, cashiers at the bank who used to spend long hours calculating transactions may now devote more attention to customers.

  1. Online banking is becoming increasingly popular, with many consumers using it instead of going into a bank branch.

At the pandemic, where the importance is to focus on the safety of individuals more, online banking sees a surge. Online banking avoids the unnecessary crowd in the bank and makes life easy for the customer and bankers. After digital transformation, it notices to drop footfall in the banks. Consumers prefer online banking for daily baking like money transfer, checkbook issue, KYC update, opening an account, etc.

  1. ATMs are now commonplace at most major retailers, making them an easy way for customers to access their money without having to go inside a bank

No longer do customers need to go inside a bank and access their money through an ATM. These ATMs have become commonplace at major retailers, making it easy for us to get our hands on cash whenever we want!

  1. Mobile apps that allow you to deposit checks or pay bills electronically are becoming increasingly popular among customers who want all the convenience they can get without ever leaving their couch!

Mobile banking applications are a great way to do your financial transactions from the comfort of home. They allow you to deposit checks and pay bills electronically while saving time!

The banking and finance industry has transformed drastically, and it keeps changing. If you want to make your career in banking and finance, you should have a professional degree to pursue a successful career in the banking industry.

Imarticus learning offers PGDM in banking and finance. You can explore the details of the course by visiting their website.

Conclusion: The IT industry is changing fast, and banks are adapting to these changes. Banks can offer more services with less staff by leveraging technology.

post graduate diploma program in banking and financeBut they still need banking professionals who understand the complexities of financial transactions and regulations that govern them-thus; you should consider a career in banking or finance if you want to stay on top of this ever-changing field.

If you’re looking for an education type that will equip you with both technical skills and practical knowledge, then PGDM in Banking & Finance might be right up your alley! Apply now and be a banking professional.