IBPS

You should go for MBA for a better future.

Hi,
In any sector, promotion depends on your work quality. In many banks a person, who joined as an officer may reach to the position of general manager in 14 years. After that one can aspire for the position of executive director or chairman of a bank.
Here is promotion graph:
Bank PO - Manager - Senior Manager - Chief Manager - Assistant General Manager - Deputy General Manager - General Manager.
For more information about Bank PO, you can visit the below mentioned link:
https://www.eduncle.com/ibps-po-recruitment-exam
All the best.

Yes, you can complete your part-time MBA after getting a job in a bank. However, as per rules, you need to inform and seek approval from your manager or supervisor about the continuation of your higher studies. It is a formality, but you are advised to seek the approval.

Yes, you can pursue both the things together. In my opinion, you should first focus on clearing the IBPS and get a job in one of the public sector banks. Ultimately, after doing MBA in finance you will land up in one of the companies or banks which are purely related to finance field. Therefore, it is much better to straight away join a public sector bank and gain some experience. After few years, you can definitely pursue your further education through distance learning mode.

kindly note, minimum requirement is degree in any subject.

Career progression and salaries are better in private sector in comparison to public sector banks. Career progression depends on meeting yearly targets and excellent performance.