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MBA Education for Banking and Non-Banking Managerial Jobs

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Business schools in many countries offer management courses tailored to full time, part-time, executive and distance learning MBA programs. Since MBA degree from any well-known institute not only offers recognition, but also a high salary package, a wide range of MBA programs are tailored with specialized concentrations like finance, marketing, accounting, information technology, human resource management and many other fields. In India, some MBA colleges offer post graduation diploma courses called PGDM programs which are approved by All India Council for Technical Education (AICTE). AITCE is an apex Indian government undertaking with a view to improve the qualitative technical education system throughout the country and regulate the norms and standards for planning the quantitative growth and matters connected therewith. Since the strength of any country’s economy lies in finance and banking sectors, the importance of MBAs in these sectors cannot be understated.

In India, all types of commercial banks, public sector banks, rural banks, foreign banks, private banks and urban co-operative banking institutions play a significant role in boosting the economy and financial position of the country. MBA degree is considered to be the foremost qualification which is required by these banking and financial institutions for their managerial level positions. MBA education in finance provides important knowledge about the financial skills and solutions for the issues relating to the domestic and international banking and services. Market analysis and cash management skills are two important areas which every MBA student must know how to handle. MBA with specialization in finance offers to learn a variety of subjects like costing, budgeting, corporate finance, international finance, investments, working capital finance and securities etc. MBAs pursuing their courses in finance can start their career in any investment firm or any banking institute as an associate manager. MBA in finance from top MBA colleges offers lucrative job placements from big companies and financial institutes. An MBA in finance has options to work with leading banks and non-banking institutions. He or she might have an option to work as a securities analyst or working with brokerage firms dealing in buying and selling of securities.

Degree of MBA in India from any reputed college is considered to be one of the most sought after degree aimed at providing high class management studies. Since the studies of marketing teaches about the art of selling products and services, MBAs has to analyze and assess the feasibility of products and services according to the market demand. They are required to introduce marketing strategies for marketing new products. They have to set marketing goals and have to work on branding, planning and adoption of promotional campaigns. In other words, marketing MBAs have to bring out new ideas and concepts which can help the companies and organizations to grow and prosper. Marketing MBA courses are designed to help inculcate good reasoning and problem solving skills which can help the individual to sell and market the products in difficult situations. MBA in marketing offers good pay-scale packages and jobs in this area are always in demand for all commercial, industrial and corporate sectors.

About Author: ISBF has been established to impart quality education with international recognition in the area of Economics, CFP, Management and MBA Education courses in India.

Visit us at: http://www.isbf.edu.in/ for more info on MBA and MBA Colleges and Finance courses.

Why Indians Prefer Banking Sector Jobs

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The economy of India has evolved a lot over the last couple of years. There are a lot of foreign companies who have set up their business units in the country and are already doing brisk business. The employment opportunities offered by these companies are very much lucrative, but that does not stop the Indians from admiring government more than private jobs.

The biggest factor that usually plays in the mind is job security. The population of India is growing like anything and so are the living costs. Under such circumstances, one cannot risk being kicked out of a job for not being able to perform according to the expectations of the employers. All of us want to have a steady income to meet our family needs without having to worry much about job security. The working culture in most private companies is very competitive and they don’t hesitate to replace a candidate with someone else whom they think would bring them more profits. This is a fairly common practice and they do this without giving enough time to the candidate to find himself a new job.

The compensation offered to the candidate while firing him is also very little. Under such circumstances it becomes very difficult for a conservative Indian to find himself a new job without losing his dignity. No wonder, the Indians prefer the security of government jobs over the huge compensation and growth opportunities offered by the private companies.

There is one more problem also. The cost of establishing a business unit in India is very low and within the reach of all kinds of private investors. This makes it very easy for the private companies to shut doors whenever they run into losses and stop functioning entirely. Whenever this happens, it is the employees who are left running from pillar to post looking for a new job to sustain their families. Such things have happened in India quite a number of times in the recent years and people seem to have learnt their lessons.

In private companies, people are expected to work for long hours. This is something that Indians find difficult to live with. Indians not only love to spend a lot of time with their families, but also spent some time pursuing their personal interests and hobbies. In this country family comes first; money and carrier growth are actually secondary. No wonder, most people in this country prefer low-paying jobs with low working hours compared to high paying jobs with high working hours. The government jobs just fit the bill!

Mobile Banking Performance Testing

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Mobile Banking is rapidly deployed across developed markets as well as emerging markets. In some regions the race is driven by customer demand, for example Africa, India etc. where the computer penetration is low and primary channel is mobile banking. In other markets where computer penetration is high and matured its still launched as additional channel to support latest Apple iPhone, Google Droid, HTC Hero, Nokia Symbian etc.

The mobile banking or sms banking or text banking testing encompasses various steps like

Functional Testing on Server Side
Functional Testing on Client Side
Performance Testing
Security Testing

Is the functionality for SMS Push/Pull or does it have other client applications and content?

Functional testing will include certain standard testing like

Funds Transfer
Enquiry Services
Requests
Bill Pay
Credit Card Transaction confirmations

For Mobile Banking Performance Testing the objective and scope is very important as it may involve end-to-end or server side or client side testing.
If its end-to-end need to have some visibility and control or access to various points in the chain. Which component should you be concentrating your efforts on based upon what the Bank owns and controls?

Mobile apps

Devices and Operating Systems
Network GPRS etc.
Multiple carriers and locations
Server side components

Experienced teams who have done these testing will be in better position to quickly get the job done for Client.
Once the mobile banking performance testing channel is live next step is to Monitor the Banking Channel from locations of your interest. It will be better to see if one vendor can deliver performance in pre-production as well as provide continuous support during post production.

Tips to Prepare for Banking Jobs Exam

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Banking is one of the major areas of work today. Increasing the number of people receiving financial education, more and more people are relying on banks for various financial reasons. Banks help save revenue and earn interest, invest, buy assets, establish a business, etc. As banking is an important aspect of the common people and companies, this sector has always attracted many applicants. If you are an interested in a bank jobs, then go through these job search tips for jobs in a bank.

Bank examinations are considered very challenging and tough. They are a access to various prominent jobs in the bank. With the increase of the growth curve of the banking sector, the demand for bank jobs has increased. This has enlarged the task played by banks and reviews of the interview session following. This test gives a general stage for appropriate student’s at all educational echelon’s to test their knowledge and select the most excellent suitor. The enrollment is done based on the performance in both the exams and the interview session. The curriculum set by the bank is large and must be thoroughly prepared. There are many guidelines accessible on the Internet that helps you get ready for bank examination.

Banks offer a huge assortment of job prospects. With the growth of banks and opening new branches in different parts of the country, there is a growing need for the right people to perform various functions in the bank. However, since demand is so high, the hiring process is difficult and only the most competent candidates can reach the finals. Here are some tips to consider when preparing for the examinations of bank:

Make certain that your vocabulary is strong. A separate chapter is devoted to issues related to vocabulary.

Study the curriculum meticulously. Allow more time for subjects in the curriculum, with the age of highest weight in the marking system.

Study additional notes. Booklets given by the bank are significant but not sufficient. There will be many students, preparing them; however, to make the high notes you need to prepare the best.

Bank exams, like roughly all competitive exams, flourish you on present affairs. Make certain they are a part of your syllabus and given most significance.

Reading the papers of great help to keep up with current issues and expand their vocabulary.

You can also go from questionnaires to gain knowledge on various topics.

Acquire knowledge about the policies and rules of the Bank. This can also help out you during the interview time.

Bank enrollment is a tough procedure embarked on by the bank. Recruitment is based purely on the candidate’s ability and level of competition. The above tips can help prepare for the examination of the bank. Many students have worked hard and led the bench tests, leading a life of luxury and hired good positions in several banks.

About The Author:- Linda John-I am the director of myrecruitmentcentre.co.uk opened an International Recruitment Agency based in London. Now a day’s lots of jobs bank available in the market and my whole team offering jobs in a bank for right candidate.

Why Choose an Online Book Store for Banking, Law and Taxation Books

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The Internet is a great source where you can find adequate and relevant information on any topic or subject. You just have to be online and with few seconds you will visit a website where you can find the number of books available online. Sometimes it becomes little confusing and time consuming when you don’t find a relevant Online Book Store on your search.

Over the past few years it is observed that consumers are becoming more comfortable buying their books online. A major advantage is the range of books, price analysis you can browse at an online bookshop.

Buying books online is a new concept. Some book lovers are not as comfortable with buying books online as they are with buying it from a traditional bookstore. But if you’ve never tried to buy books online, you may be missing out on a lot.

There is indeed a large and number of reliable online book stores available today, many featured in numerous online book store reviews. These stores offer an overwhelming, number and variety of books for sale, as a result of which, online book store fans now have the opportunity of finding whatever books you wish to buy, like never before.

When considering online book store to buy a book online the main thing to consider is price and choice. You can find a collection of certain book with price analysis in one place. After all, you are going to visit the best creations.

One thing that a traditional bookstore cannot offer but Bookcorporation can is easy access to consumer reviews, book reviews and author biographies. Also there are loads of books in many categories like banking books, law books, taxation books, curriculum books etc. They offer best books at affordable prices and provide some rare books for their online customers.

Bookcorporation is online book store providing Labour, Law, Taxation, Banking, CA, CS, MBA, LLB books etc. It offers a number of books for professionals, teachers, students, advocates and companies.