Mba In Banking And Finance Via Distance Learning (Simplidistance)

What you will learn with a distance MBA: Banking and Financial Management
A strong banking system is one of the most important foundations of a healthy economy. Banks play a very important role in the economic development of any country. People deposit their surplus savings in banks in the form of various deposits. This capital will be used for growth investments. Cooperation with banks makes it easier to do business with foreign companies. The Indian banking sector is a strong and well-capitalized system. Recently, innovative banking models such as payment banks and small finance banks have been introduced. According to IBEF.org, there are a huge number of different types of banks and financial institutions in the Indian banking system.
The growing banking and financial sector in India opens up huge opportunities in various sectors such as banking, finance, investment banking, insurance, etc.
In the 2007–2018 financial year, total loans increased at an annual growth rate of 10.94% and total deposits increased at an annual growth rate of 11.66%.
After completing the Distance Learning MBA in Banking and Financial Services, you can choose a career at many different types of banks and financial institutions. The curriculum prepares candidates with knowledge in key areas such as investment management, retail banking, insurance, international banking, and foreign exchange management.
Distance Learning Subjects: MBA in Banking and Financial Management
commercial banking system
Commercial banks provide financial products and services to institutions, businesses, and governments. The company provides services such as credit card processing, mobile payments, foreign exchange, letters of credit, financial management services such as cash collection and disbursements, business working capital financing, commercial real estate loans and equipment financing, business insurance products, and advisory services. It offers. upon.
international banking
International banks provide financial services, such as payment accounts and loans, to foreign customers. Many people use international banks to avoid taxes, and this is legal. Some people use these banks to invest in developing countries (India) or developed countries (US, UK). Some wealthy people keep their money in different countries to reduce the risk of litigation. One of the important aspects of these international banks is that they make it easier for companies to operate and manage operations in multiple countries.
Foreign exchange management
Foreign exchange management handles currency transactions between two different countries. There are several factors that affect exchange rates, so it's important to know about them and their effects. This helps managers develop effective strategies to manage currency value fluctuation risks. This is commonly called hedging.
There are various laws regarding currency exchange. In India, he must be aware of all the laws related to foreign exchange management, such as the FERA (Foreign Exchange Regulation Act). retail banking
Retail banking, or consumer banking, refers to providing banking services to individuals and families rather than businesses. It covers a wide range of services, including savings accounts, deposits, credit cards, debit cards, mortgages, investments, consumer loans, insurance, and fund management.
This topic covers the different types of products offered by retail banks, product development processes, customer requirements, various approval processes, customer relationship management, regulations and compliance, and more.

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