Importance of Banking Sector in the Economy
Banking sector is the backbone of the economy of every nation. We cannot imagine a nation without a bank. This industry has seen a significant growth in past few years and according to the latest news by Reserve Bank of India (RBI), foreign banks are going to invest heavily in India. The scenario is not different globally and candidates with specialized knowledge about the banking industry are welcomed overseas as well.
Importance of Insurance & Investment
Insurance is a sector which has gained importance in the past couple of years. Life has become totally unpredictable. You start from your home in the morning, but are not assured of your safe return. This has brought a rise in the public as well as private companies offering various insurance policies. Insurance is like a two way commitment from the seller and the buyer. The buyer has to pay a certain fixed amount every month as a premium to the insurance company and the company will give your money back to you in your need. As the insurance corporations are rapidly increasing worldwide, there is a dire need of talented and well qualified professionals in the insurance sector.
CODE | SEMESTER I | CODE | SEMESTER II |
391 | Principles of Management | 408 | Strategic management |
2 | Financial Accounting | 66 | Cost Accounting |
260 | Human Resource Management | 404 | Innovation Management |
68 | Marketing Management | 407 | Mastering The Interview & Networking Skills ** |
6 | Managerial Economics | 338 | Project We- Like |
CODE | SEMESTER III | CODE | SEMESTER IV |
197 | Banking Fundamentals & Negotiable Instruments | 402 | Trade Finance & Foreign Exchange Management ** |
413 | Retail Banking (New) | 316 | Branch Banking & Role Of Branch Managers |
410 | Corporate Banking | 412 | Marketing of Financial Services |
481 | Introduction to Insurance and Risk Management | 201 | Management of Insurance Products and Companies |
221 | Investment Management - 1 | 202 | Project : Banking Investment |
Career in Banking, Investment & Insurance
Banking, Investment & Insurance are considered as one of the most important career options. Banking & Insurance sector in India and in foreign countries have vacancies for the enthusiasts who are interested in pursuing a career in the fields such as loans, credit appraisal, foreign exchange, fixed deposits etc. Good communication skills and ability to handle the customers patiently are also some of the quintessential qualities for a potential candidate if the individual wishes to work in a Bank or Insurance Company in India or overseas.
EINS Education offers a unique distance learning PGDM course with a specialization in Banking, Investment & Insurance through the Welingkar Institute of Management.