The inclusion of digitalization in the finance industry has led to the emergence of the specialization MBA in digital Banking. Everything turning digital has unlocked a new field in finance, i.e., Digital Finance and Banking, which has increased the number of prominent banks, venture capitalists, and asset management organizations.
A
Digital Banking post-graduation course consists of theoretical studies and
multiple internship programs that give students exposure and strategic
knowledge. The course curriculum also incorporates case studies, real-world
projects, mock interviews, student-mentor interaction sessions, peer-to-peer
networking and resume building sessions. Knowledge and skills that the
students obtain during the post-graduation course are essential for tackling
various problems and growing in the field.
Today,
there is an immense employment hike in the financial area. In addition, the
introduction of digitalization in the area has opened up several opportunities
for the students in top companies like Google and Amazon in product management,
reputation management, and product design that require a deep understanding of
finance.
Reasons
to pursue MBA in Digital Banking
A
Digital Banking MBA is a course suitable for professionals who want to upgrade
their skills and young students who want to build a successful career in the
BFSI domain. Besides general business skills, the individuals pursuing the
course will also acquire BFSI-specific knowledge and abilities, like tax
planning and taxation, investment management, corporate financial valuation,
international finance, insurance management, budget management, etc.
The
MBA degree in Digital Banking is designed to provide industry-specific
knowledge and skills. The two-year course consists of several modules covering
area related topics like Artificial Intelligence in Business, Blockchain and
Cryptocurrency, Data Visualization in Finance, Fintech Ecosystems Management,
Digital Fraud & Risk Analytics, Financial Management & Valuation, and
Design Thinking & Leadership for Business.
With
the dynamic transformation in the finance industry worldwide, the MBA
specialized in the field has turned out as a great career path for students who
want to grow and
shine
mark in the marketing field and interest in statistics, economics, leadership,
management, and marketing.
Scope
of MBA in Digital Banking
The
career opportunities for MBA professionals trained in digital finance and
banking is exceptional. The Their work profile can scale from asset management
to accounting and risk management.
The
list below shows some of the top career options after post-graduation in
digital banking.
Financial Analyst: Their primary job responsibilities are analyzing financial
data and creating economic models for decision support. They create reports on
financial performance, analyze past results, identify trends, perform variance
analysis, and make improvements.
Investment Banker: An investment banker handles IPOs, identify and provide
financial advice to suitable mergers and acquisitions at a fair price,
negotiate and structure financial details and underwrite, analyze and close
finance deals.
Risk Managers: Risk
managers are responsible for predicting any probable risks in the company's
financial operation that can threaten its safety, integrity, and growth. They
rectify losses and manage unpredictability in future trends and
cost-involvement of an organization.
Venture Capital Analyst: These professionals must be aware of the dynamic industry
trends and keep up with them, thus beating competitors.
Portfolio Manager: The primary responsibility of a Portfolio Manager is to
manage money for the enterprise. They continually explore the current market
conditions and help clients achieve their pre-set financial targets.
Top
recruiters of the MBA professional in Digital Banking
The
top recruiters for MBA graduates in the BFSI sector are as follows:
·
HDFC
·
HSBC
·
Deutsche Bank
·
Citi Bank
·
ICICI
·
Axis Bank
·
Yes Bank
·
Kotak Mahindra Bank
·
IndusInd Bank
·
SBI
·
JP Morgan
Chase,
·
Ujjivan Small
Finance Bank
·
CRISIS
Conclusion
The
involvement of digitalization in every industry has led to several MBA in Digital specialization courses and an MBA degree in Digital Banking. The course
opens up innumerable opportunities in the Banking, Financial Services and
Insurance sector (BFSI).
Are you planning to pursue MBA in the domain? In that case, don't overthink and go for it, as holding a degree in the area will make you a treasure for any organization of the BFSI industry.
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