Top career options after online MBA-BKFS

As the present market is based on the “survival of the fittest” premise, students must explore beyond the confines of traditional elementary education and pursue more advanced degrees.

You can significantly improve a business’s financial and all-around growth by hiring people with specialized experience, industry qualifications, and managerial expertise. Saving and investing are essential for any business’s long-term success, whether big or small. Managing mutual funds, investment funds, stock brokerages, etc., is under the purview of an MBA expert in digital finance and banking.

Why should you pursue an MBA in BKFS?

The current workforce in the BFSI industry must possess the technical knowledge and expertise necessary to use fast pacing technological tools and platforms. 

Anyone hoping to advance their career in the banking and financial services (BKFS) sector might benefit from enrolling in a Master of Business Administration (MBA) program focused on banking & financial services. This program is specially designed for working professionals with a minimum of one year’s experience.

Learn tax planning and taxation, company financial valuation, investment management, international finance, insurance management, budget management, and much more, in addition to the fundamental business knowledge you’d expect to acquire.

High-Paying Job Roles After MBA BKFS

Banking management graduates in India can expect a wide range of salaries because of the country’s booming economy. Graduates with relevant experience and an MBA in BKFS can expect to jump to managerial positions and get  lucrative salary packages. 

Here are some high-paying jobs for MBA working professionals in the banking sector:

Profession	Roles
Wealth management	Sourcing business, Nurturing relationship with clients and investors, Financial planning, Tax planning, Financial risk assessment and actions, Operational support to fund managers
Investment banking	Raising capital, Private placement of capital, Debt and equity advisory services, Fund management, Hedge fund, mutual fund and pension fund advisory services, Corporate restructuring, Bond issuance, and pricing on bond markets
Financial risk management	Identification of threats to business, Analysis of the scale of risks to business and assets, Forming mitigation solutions, Analysis of market risks associated with products and services
Financial analysis	Financial planning and analysis, Financial portfolio management, Investment banking, Private equity management, Product research analysis, sales and trading
Credit risk management	Assessment of financial history, Calculating settlement risk, Modeling default probabilities and credit exposure
Treasury management	Tracking financial flow, Optimizing investments and budgets, Regular audits on each department, branch or wing
Fund investment	Raising capital by acquiring venture capitalists, Raising funds outside capital, Stocks and bonds management, Reinstating trade securities
Corporate banking	Providing advice to clients on mergers, acquisitions, shares and other large scale financial activities, Managing and nurturing relationship with clients, Negotiating terms of sales and purchase contracts with clients
Investor relations	Coordinating transactions with shareholders of a firm, Organizing meetings and public conferences, Handling public side of financial crisis
Financial compliance	Ensuring the adherence to financial regulatory policies within and outside the firm, Handling legal and ethical matters of finances
Wholesale banking	Learn requirements of banking and financial activities, Devise solutions to meet the needs
Private banking	Assess overall financial needs of high networth individuals, Provide plausible solutions and financial products

Wealth Management

Investment management, financial planning, tax planning, and estate planning are all part of the wealth management process, which can be thought of as a comprehensive service that takes a holistic view of a client’s financial view. The salary of a wealth manager in India can go up to INR 10 lakhs per year.

Investment Banking

These financial specialists aid various organizations in acquiring capital by issuing stocks and securities. Investment bankers typically find employment at brokerage houses, investment banks, or government agencies concerned with managing the nation’s finances. Investment bankers in India can earn up to INR 28 lakhs per year.

Financial Risk Management

The term “financial risk management” refers to dealing with and managing potential and existing financial threats at a business or organization, using a sound strategic plan that could potentially halt revenue loss. Risk Manager salaries in India can go up INR 24 lakhs per year, with an average yearly income of INR 9 lakhs.

Financial Analysis

Those who work as financial analysts examine and analyze a company’s financial records. These discoveries are put to use in forecasting needs and business outcomes. Financial analysts are in charge of all aspects of a company’s capital planning, including forecasting future expenditures and revenues, financial planning, and financial structuring. A Financial Analyst in India can earn upto INR 10 lakhs per year.

Credit Risk Analysis

An investor or bond portfolio manager may do a credit analysis on a company, government, municipality, or any other entity issuing debt to determine the issuer’s likelihood of satisfying such commitments. Credit research is done to see if investing money in that company’s debt instruments is safe. Credit Risk Analyst salaries in India are approximately INR 18 lakhs per year.

Treasury Management

A service handling a company’s cash, investments, and other financial assets can significantly improve financial organization and management. It is a method of management that helps reduce the financial, operational, and reputational dangers facing your company. Treasury Manager salaries in India can go up to INR 30 lakhs per year.

Fund Investment And Services

Private and corporate clients rely on investment fund managers for guidance on making sound financial investments, such as purchasing and selling investment trusts and shares or bonds. Fund Manager salaries in India range from INR 10 Lakhs to INR 93 Lakhs per year, with an average annual income of INR 15 lakhs.

Asset Management

In the financial industry, asset management fundamentally comprises learning about the customer’s financial goals and then implementing techniques like purchasing and selling stocks, bonds, and funds to assist the client in meeting those goals. Asset Manager salaries in India can rise up to INR 13.9 Lakhs per year. 

Corporate Banking

In banking, the term “corporate banking” describes services geared toward business clients. For a portfolio of covering the Corporate banking clients, you would be in charge of transaction origination, structuring, getting credit approvals, and implementing financial solutions. Bank Manager Corporate Banking salaries in India range from 12 lakhs to 19.3 lakhs per year, with an average annual pay of INR 16 lakhs.

Financial Risk Advisory

As the job title suggests, this person is responsible for spotting potential dangers to the security, stability, and expansion of the company’s finances. This person’s purview falls under reversing losses and controlling the unpredictability of future trends and costs. Financial Risk Analyst salaries in India range is upto 14 lakhs per year, with an average yearly pay of 6 lakhs.

Investor Relations

Investor relations (IR) is a top priority for any company when communicating with the financial community. Investor relations (IR) gives potential investors an accurate picture of the company’s status, allowing them to make educated decisions about whether or not to put their money into the business. Investor Relation Officer salaries in India is upto INR 32 lakhs per year.

Financial Compliance

Making sure a business is legally and ethically compliant with its financial investments. The goal is to guarantee that markets are competitive, open, and transparent so that investors can feel safe in their investments. Compliance Officers in India can earn upto INR 14 lakhs per year.

Wholesale Banking

Banks, other financial institutions, government agencies, large corporations, and real estate developers are all examples of wholesale clients. In contrast to retail banking, which caters to consumers and small businesses, wholesale banking focuses on large corporations. Wholesale Banking salaries in India is upto INR 17.5 lakhs per year.

Private Banking

Private banking is a premium service that provides specialized assistance with your financial needs, such as concierge-level service. Private banking is typically reserved for very wealthy clients.

Private bankers serve customers with high and ultra-high net worth at financial institutions. Their primary responsibilities include handling clients’ money and giving advice about how to spend it. Private banker salaries in India can go upto INR 24 lakhs per year.

Pursue MBA BKFS from TAPMI

One of the most premium business schools in India, TAPMI’s flagship program- MBA in Banking and Financial Services, is now available in the online mode on the Online Manipal website. As a working professional, you can pursue this 100% online program without quitting your job.

TAPMI’s MBA-BKFS program will give you a leg up on the competition and prepare you for a future of leadership in the BFSI industry. This 100% online program is a one-stop-shop for all your learning needs, carefully crafted to help you achieve maximum results while giving you a great deal of leeway in how you complete your coursework.

Course Fee

The institute plans on offering only 120 seats in the online program with an introductory batch fee of INR 5,60,000 for the first batch. Online program participants will have access to low-interest loans and flexible payment plans to help them pay for their education. 

Learning Outcomes 

Graduates of the program will be well-equipped to pursue careers in a wide variety of financial sectors, including but not limited to Wealth Management; Investment Banking; Financial Analysis & Risk Management, Fund Investment & Services, Asset Management, Corporate Banking, Investor Relations, Financial Compliance, and so on.

1. Aspirants can broaden their horizons by acquiring transferable skills in the business and financial sectors.
2. One learns about local and international economies, financial techniques, insurance, corporate hazards, and more.
3. Working professionals can receive education in banking, investing, and financing.
4. For two years, candidates for an MBA in Finance learn about crucial subjects like economics, leadership, strategy and marketing, and statistics.