Over the last 4-5 years, Banking and finance and Insurance sector has grown in terms of speed, accuracy, transparency and returns. Given that a strong and resilient banking system is critical for fuelling and sustaining growth, the importance of having industry-ready manpower cannot be over-emphasized. An MBA in Banking, Finance and Insurance combines the study of modern economics with banking and finance. Students of this specialisation are introduced to a broad range of economic subjects including banking, financial intermediation, asset and liability management, financial decision making, financial markets and institutions, and accounting. The MBAs in BFSI usually work to understanding the product requirement of individuals or group of people and help them with financial solutions.
To shed more light on the MBA specialisation, Careers360 brings to you an exclusive interview with Dr. Manisha Ketkar, Director, SSBF who shares insights on career opportunities and USP of the specialisation. Read on to know more.
Careers360:In terms of career opportunities and self growth, how does MBA in B & F stand out as compared to traditional MBA?
Manisha Ketkar: Given that a strong and resilient banking system is critical for fuelling and sustaining growth, the importance of having industry-ready manpower cannot be over-emphasized. MBA (Banking and Finance) program has been designed to deliver necessary education and skill-sets. Specialization in the banking and finance field brings an edge over general management programme by enabling students to address the growing demand for the trained workforce in the banking and financial services.
Careers360: How receptive has the audience been for MBA in Banking and Finance? How the need and demand for the programme has changed over the last 4-5 years?
Manisha Ketkar: Over the last 4-5 years, Banking and finance sector has grown in terms of speed, accuracy, transparency and returns. Needless to say, the requirement of human resource throughout the period has seen an upward trend and is predicted to see an even steeper graph. Technical skills coupled with hard work is bound to open many windows for the candidates willing to venture into this sector because of the demand for trained manpower in this sector.
Careers360: Can you please name the top recruiters who regularly participate in the campus placement for this specialization?
Manisha Ketkar: JP Morgan, PwC, Axis Bank, ICICI Bank, Mahindra Financial Services, Karvy Stock Holding Limited, HDFC Mutual fund are some of the recruiters that have placed SSBF students and offered them various opportunities to grow.
Careers360: What is your seat capacity and fees structure?
Manisha Ketkar: Our institute has a seat capacity of 60 students per batch, while the fee is over Rs. 13 lakh for two years.
Careers360: What is the unique selling proposition of the specialization that you offer? What are the core teaching areas for the specialisation at your B-school?
Manisha Ketkar: Core USP of the institute and the teaching is to provide necessary education and skills sets to equip students to innovate, manage, lead and take on challenges of the dynamic sector of banking and finance by adopting a rigorous curriculum and the Bloomberg terminal that helps in getting a glimpse of real financial world. The institute has a tie up with Finitiatives Learning Pvt Ltd (FLIP) for offering industry relevant certifications.
Careers360: How does the institute review its curriculum? Any new element that you wish to incorporate in your curriculum and pedagogy based on industry trends.
Manisha Ketkar: Symbiosis School of Banking and Finance reviews its curriculum every year. We incorporate feedback from our stakeholders while designing the curriculum. Our stakeholders’ i.e Industry professionals, Recruiters are part of our Board of Studies (The Committee who designs the curriculum) ensure that the inputs given to our students match the expectations of the sector. Our faculty members try bringing simulation exercises, role plays and incorporate Bloomberg terminal as part of their teaching pedagogy.
Careers360: What are the specific qualities you look for in candidates seeking admission at your B-school for this specialization?
Manisha Ketkar: Leadership skills, Analytical and problem solving skills, communications skills and most importantly an interest in Banking and Finance.
Careers360: Any word of advice for MBA aspirants planning to pursue this Specialization?
Manisha Ketkar: The MBA (Banking and Finance) programme is designed with an objective to disseminate relevant knowledge and provide skills to students so that they function effectively in the challenging environment of the banking, finance services and insurance sector. Also the curriculum is designed in such a way that the students obtain in depth knowledge of about the various domains in the sector. This programme would facilitate in building a strong base and a right path for all the aspirants to grow as a professional and have a successful career in BFSI sector.