Which one is better Banking or MBA?give me a fact point

Hi Bushra!

As a matter of fact, one cannot simply say which one is better as it solely depends upon the kind of role you want to take up. Though banking can be reached through an MBA or through govt exams it's important to understand which route takes you where.

If you're keen about getting into an MBA this year, then it is important for you to understand which specialization suits you the best. MBA Finance and MBA Marketing or PGDM is the highly opted course if one is keen on getting into exploring different roles at the corporate level or banks. Usually, the major private banks like HDFC,ICICI, Axis, SC, hire MBA graduates for different roles. It's important for you to know which role you want to take up.

MBA Finance

If you specialize in MBA finance, these are the following fields you can work in.

• Corporate Finance
• Risk management
• Treasury
• Loans
• Equity

Each role provides you with multiple opportunities and with some certifications like FRM, CFA, you can become specialized in it.

MBA Marketing

If you specialize in MBA Marketing, these are the following fields you can work in banks.

• Relationship manager responsible to bring leads
• Brand management
• Product management
• Advertising
• Marketing analytics

If your idea is to work for an FMCG firm then MBA marketing provides more opportunities and if you're keen in working in banks and related field, then finance should help. That being said, you can opt for the specialization in PGDM course in the second year which will help you make an informed decision.

If you are looking for a specific college in banking there is NIBM and if you have interest only in general banking, there are government examinations you can choose from.

National Institute Of Banking & Management

• Factors to consider - Established By RBI And Brand Value. Apply For This Course Only If One Is Interested In Banking And Financial Services.
• Fees  5.5 Lakhs
• Average Salary - 6 Lakhs
• Recruiters - IDFC, Cognizant, ICICI, HDFC, Axis Bank, CRISIL, Deloitte, Yes Bank And Many Other Companies In The Banking Sector.

IBPS- PO, CLERK, SBI-PO, CLERK, Various Bank exams

If you're keen about securing a job in a PSU, this exam will help you get there. The syllabus is pretty much the same but will be focused on Aptitude, logical reasoning, and English both in the prelims and the mains stage. You will also have a personal interview stage here. The perks of the job are great with a decent salary, house rent allowance and other yearly perks but one has to be ready to move to rural places depending upon the posting.

RBI- GRADE B, Assistant.

This again is a higher level bak examination but the pattern is quite different. You'd have to be thorough with finance and economics before you attempt this exam and you should go through social issues. Apart from that aptitude and reasoning skills is also quite important.

Good luck!

Hello.

First of all there is no secret to reveal out because there is no fact point to compare both of them. As they are completely different streams it is pretty difficult to compare.

The ans can be made by yourself because you passion will lead you the way.

Both the sectors will have exams where as CAT for MBA and banking exams for jobs in banks.

In banking sector you will lead a common routine life with static salary and if you do MBA you can start up your own company or can work for some other companies if are from IIMs the without any doubt you will draw 20L per annum initially.

So these two are completely different streams so make a option and be passionate about that.

Hope this is helpful.

Good luck.