E-MBA in Finance (Banking & Insurance)

A large number of B schools across the country offer a wide range of management programs for entrants like e-empowered Management & Business Administration, e-empowered Management & Business Administration in Finance covering Banking and Insurance i.e. e-MBA in Finance (Banking and Insurance), Post Graduate Diploma in Management with e-Business, Masters in Management Studies (MMS), MHRDM / MFM / MMM / MIM, Masters of Business Administration with specializations in marketing, finance, personnel, systems and operations, Advanced Diploma in Pharmaceutical Business Management (ADPBM), and Post Graduate Diploma in Foreign Trade (PGDFT). E-MBA Finance with banking and insurance is a professional program targeted at fresh graduates of any discipline as well as executives and professionals who are looking to grow further in their chosen field.

This distinguished course done through a reputed B school may cover a range of topics such as central banking, commercial banking, investment banking, cooperative banking, principles of management, accounts and finance for managers, business environment, ERP, managing personnel, production and operations management, marketing management, managerial economics and quantitative techniques for managers. Also, entrepreneurship, strategies for management, principles of banking, international banking management, information technology in banking, regulations and compliances for banking sector, risk and treasury management, security analysis, bank portfolio management, project management, business laws used in banking, research methodology, business ethics, corporate governance and international trade for aspirants in the banking sector. There are similar distinctions covered for the field of Insurance as well such as accounts and finance for managers, insurance business environment, managerial economics, insurance and risk management, life and non-life insurance, management in insurance companies, business communication, insurance marketing, and reinsurance. Some of the leading B schools have exceptional courses for MBA Finance in view of the fact that banking and insurance are the two fastest growing segments in the financial sector of the country today.

While one may find many B schools that have courses which are dedicated to only Banking or Insurance, it is advisable to enroll for a dual specialization for its many benefits. Seeing that these two segments of the financial sector do work hand in hand, it is best for any aspirant to know the internal working of both fields. It is advisable to seek admissions at B schools that focus on meeting international standards such as that set by the IRDA in London. This initiative can open career doors to 150 countries from across the world for you.

With such exclusively planned courses like e-MBA Finance in Banking and Insurance available, not only aspiring graduates, but also a large number of executives from the finance field are seeking admissions in well-known B schools of the country. In fact, there has been a substantial growth in admissions since the introduction of these courses and the many colleges and institutes are already bringing into being a fleet of business leaders, managers and top class entrepreneurs.

Importance of CET & MH-CET in MBA

The Common Entrance Test (CET) is a competitive exam conducted in the various states of India. The purpose of the exam is to determine the aptitude and intelligence of the student, on the basis of which he can then seek admission for various management courses at the top B schools of the state. In the state of Maharashtra this exam is also known as MHCET / MH-CET. MBA CET exams are conducted by the Directorate of Technical Education (DTE). In Maharashtra over 298 institutes accept the scores attained by students through this exam, as the primary basis for admissions, including 59 B schools in Mumbai itself.

In the state of Maharashtra, the government is conducting this exam annually for MBA & MMS programs such as Master of Business Administration, Master of Management Studies, Post Graduate Diploma Course in Management (PGDM), Post Graduate Course in Business Management (PGDBM), etc. The MHCET written examination contains 200 multiple choice questions (MCQ) that are to be solved in 150 minutes. While there is no age limit for admissions for MBA degree courses, the eligibility criteria are that the candidate must have a passing certificate with a minimum of 50 % marks in aggregate score in any Bachelors degree and appeared for CET or MHCET, GD (group discussion) and PI (personal interview).

To secure admissions in one of the top B schools in the state for MBA, MHCET examination must be taken seriously. It may be of great help to know that the written paper consists of testing the candidate’s verbal ability and reading comprehension, and quantitative aptitude and logical/abstract reasoning. The total marks allotted for group discussion, personal interview, academics and work experience are 40, while the written paper holds 200 marks. There is no negative marking for the exam and candidates that secure over 30 marks out of 200 are shortlisted for the GD and PI.

It is crucial for a candidate to learn and revise topics like verbal ability, reading comprehension, quantitative analysis, data interpretation, data sufficiency, analytical reasoning, verbal reasoning, and non-verbal reasoning to improve their score. Some of the reference books that may come handy in order to re-acquaint with or improve your knowledge on these topics are Verbal Ability and Reading Comprehension, Quantitative Aptitude for MBA Entrance Examination, Mathematics for MBA Entrance Exams, The Personal Guide to MBA Entrance Examination, etc.

MBA CET or MBA MH CET examinations are your door to the corporate world. Knowing and acknowledging the importance to do well in this exam may be one of the most important decisions of your life. After all, in the world we live in today a degree in Arts, Commerce or Science is not enough for acquiring executive positions in the corporate sector. You need to equip yourself with all the power you will need to make your future a bright and successful one.

MBA Institutes in Mumbai

A Masters in Business Administration (MBA/MMS/PGDM/eMBA) is fast becoming one of the most sought after courses to enter the corporate world of today. This is so, not just among graduate students, but also for executives who are already a part of the professional workforce. Even though, students see these business administration programs as a step towards the job they desire and the designation they aspire to get, for executives who are already a part of the corporate working such courses improve their possibilities to rise higher up the designation or corporate ladder of the company, not to mention boost chances of a better pay and title on switching the company. And since the city is the commercial capital of India, MBA institutes in Mumbai are singled out to be some of the best B schools in India.

While there are quite a few MBA institutes in the city, finding a course that suits you best and getting a degree from a highly reputed B school are two most crucial factors, which will determine the scope of job opportunities for your future. Holding an MBA degree can open a lot of doors in terms of various fields in the market, further educational prospects in foreign countries, exposure to the corporate world, trying out for government positions like IAS, etc. There are many government as well as private MBA institutes present in the city. It is important that you choose your B school wisely. It may be advisable to read up and ask around about the institutes’ reputation, credentials and associations or accreditations before applying.

Pursuing your MBA in Mumbai has its own distinctive advantages. In view of the fact that the city is booming in the commercial and financial sector, there are a lot more placement opportunities here as compared to other parts of the country. Another advantage is the kind of exposure Mumbai offers, which is unparalleled in every way. Lastly, the city is home to some of the very best business colleges and institutes in India. These B schools are known for their high quality of education and conduct, and play a major role in the financial and economical development of India by providing a competent and organized workforce that is trained to excel.

It can be said that the power of your MBA in mumbai depends largely on the reputation of the MBA institute in Mumbai. In addition to your acquired grades. Institutes offer plenty of courses to choose from, and even options like part time MBA degrees or executive masters degrees in business management. So, take your time, do some research on the subject and select the best college; choosing the ideal course for your requirement can make all the difference in your résumé and get you one big step closer to your dream job.

AICTE Approved MBA Colleges

The All India Council for Technical Education (AICTE) is the statutory National-level body for technical education. Recognizing the strong link between quality education and the economic progress of the country, the council’s objectives are to promote the quality of technical education, plan and co-ordinate the various developments taking place in the technical educational system, and regulate and maintain the set norms and high standards. This is the reason behind students opting for AICTE approved MBA colleges in India. These colleges offer a wide range of courses like eMBA, eMBA in Finance (Banking & Insurance), Post Graduate Diploma in Management, Masters in Management Studies, MBA, Post Graduate Diploma in Foreign Trade, Advanced Diploma in Pharmaceutical Business Management, MMM, MIM, MFM, MHRDM, etc.

If you are researching online to find good colleges in India for MBA admissions, it may be wise to know if the colleges you short-list are either AICTE approved or rank among the top B schools in the country. This can open a lot of doors for your aspired future, if you are planning to undertake further studies abroad, look for jobs in India or other countries, or even if you want to consider giving exams like IAS, UPSC, IPS, etc., that can brighten your future prospects. That being said, it is a fact that the private sector industries focus more on reputed and top B schools, and an autonomous program from a highly ranked school would be appropriate too. However, keep in mind that a MBA from a college that has the AICTE accreditation, can help you go abroad for further studies or be valuable in case you wish to apply for any government positions or jobs.

To study at any of the reputed MBA colleges of the country, you will have to go through the formalities that will get you admitted into the college. Getting MBA admissions can be quite challenging, especially if you have the top colleges in mind. There are many MBA entrance exams such as CAT – Common Admission Test, MAT – Management Aptitude Test, JMET – Joint Management Entrance Test, ATMA – AIMS Test for Management Admission, MAH-CET – Maharashtra MBA Common Entrance Test, etc. that may be applicable to where you are located in the country or where you wish to study. Depending on the institute you will then have to go through a selection process that includes a written test, group discussion and personal interview.

There are presently over 1800 institutes that offer courses in Management in India and out of these the ones considered the best are usually AICTE approved MBA colleges. So if you are now en route to selecting the ideal college that might give you the resources needed to enter the corporate world with confidence, be sure to give due consideration to colleges that have government accreditation.