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.
Manipal Applications Open for 2019 Admissions – Apply Now
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.
Manipal Applications Open for 2019 Admissions – Apply Now
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.
