Updated as on Jun 02, 2021. MBA in Banking Finance: Banking & Finance is one of the most sought after specialization among MBA / PGDM students. The notion that this stream is primarily for students coming from commerce backgrounds has been proved to be a myth long back with significant student groups coming up from engineering and other non-commerce back grounds having taken this up is seen doing great in their career paths.
It has also been observed that the apart from core Banking, Financial & Insurance sectors, BFSI sector – an industry term used to define companies that provide a range of Banking, Financial services / products or insurance services, are growing consistently and recruiting in large numbers do not differentiate between commerce & non-commerce back ground, instead go by the merit of the candidate post the MBA/PGDM.
BFSI is an important sector which is expected to further accelerate the growth of the nation and hence, the manpower requirement in the BFSI industry has grown to fuel that progress and over 8.4 million individuals is projected to be employed in the next couple of years according to NSDC reports.
The importance of BFSI, as a crucial component of the financial system, has been well accepted in the growth trajectory and economy world over. Acting as financial intermediaries, they perform important functions that contribute to the economic growth.
In India more than 25 Business Schools offer MBA/PGDM in Banking & Financial Services – B & FS or BF or PGDM in BKFS or PGP BFSI, MBA in Banking Finance Apply now.