Banking, Finance & Insurance
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New answer posted
a year agoContributor-Level 10
With increasing competition in financial markets, insurance and risk management. Professionals are highly valued in the industry. There are various career options they can choose from. Students specializing in Health Insurance can work for government agencies, non-profit organizations, banks, etc.
Other than insurance agencies, a student with expertise in insurance can work in various domains such as banking, auditing & finance, and underwriting.
New answer posted
a year agoContributor-Level 10
The Insurance Industry expands by 15 to 20% annually. Due to its vast dimension, banking and Insurance offer vast opportunities for a professional to get a handsome paying job and job security. This is an ever-growing industry that presents lucrative career opportunities. It contributes about seven per cent to the country's economy as of now, which could increase immensely shortly as 80% of the population doesn't have any life insurance policy.
This indicates that there is scope and demand for expansion. And thus it will create an enormous amount of jobs. Individuals graduating in insurance can work in banking sector
New answer posted
a year agoContributor-Level 10
In a fast-moving world, none of the sectors can take the risk of being slow, steady and tedious. With the digitalisation in the
world insurance industry is drifting towards advanced technology and fast pace. Some of the major upcoming trends are-
- Tailor-made Service - In the past, insurers sold the same product to the general public. With the development of insurance plans and a wider understanding of them, it is now necessary to tailor policies to each individual.
- Use of Artificial Intelligence - There was a time when buying an insurance policy was a nerve-wracking process. The tedious pace, dozens of paperwork and brokerage wa
New answer posted
a year agoContributor-Level 10
Students who pursue Health Insurance students can opt for several career options, with a wide range of salary expectations, Some of them are given in the table mentioned below:
Health Insurance Job Profiles | Salary (INR) |
|---|---|
Insurance Billing Specialist | INR 3-7 LPA |
Insurance Verification Specialist | INR 4-8 LPA |
Customer Service Representative | INR 3-6 LPA |
Sales Representative | INR 4-8 LPA |
Underwriter | INR 5-9 LPA |
Claims Adjuster | INR 5-10 LPA |
Actuary | INR 6-12 LPA |
Risk Manager | ?7-15 LPA |
Note: The information is taken from external sources and may vary.
New answer posted
a year agoContributor-Level 10
Hello, Health insurance professionals need a variety of skill sets to be successful in their careers. These skillsets can be divided into three main categories:
Health insurance professionals need various skills to be successful in their careers. Here are some of them:
Knowledge of insurance databases
- Ability to work with electronic health records
- Proficiency in Microsoft Office Suite
- Customer service skills
- Problem-solving skills
- Communication skills
- Claims processing skills
- Underwriting skills
- Knowledge of health insurance products and services
New answer posted
a year agoContributor-Level 10
WallStreeMojo courses cater to various finance careers - Financial Analysts, Data Analysts, FinTech Managers, Portfolio Managers, etc. The beginner-level courses also help freshers get company internships due to their certificates.
New answer posted
a year agoContributor-Level 10
There are about 15+ distance MBA in Finance colleges in Pune. Some of them are mentioned below along with their tuition fees:
| Distance MBA Colleges | Tuition Fee |
|---|---|
| Symbiosis Centre for Distance Learning | INR 50,000 |
| MIT School of Distance Education, MAEER | INR 72,000 - INR 90,000 |
| Indian School of Business Management and Administration | INR 30,000 |
| MIT School of Distance Education, Kothrud | INR 68,000 |
| School of Distance Education, Bharati Vidyapeeth University | INR 86,000 |
New answer posted
a year agoContributor-Level 10
If candidates are passionate about the agriculture sector and its related businesses, an MBA in Agribusiness might be more fulfilling, whereas an MBA in Finance could offer a broader range of career options across industries.
Candidates can check the table below to see the comparison between the two courses.
Particulars | MBA in Agribusiness | MBA in Finance |
|---|---|---|
Course Level | PG | Postgraduate |
Course Duration | 2 years | 2 years |
Course Fees | INR 7,100 - INR 16.03 Lakh | INR 1.4 Lacs - INR 23.9 Lakh |
Entrance Exams | CAT, MAT, CMAT, XAT, ATMA, etc. | CAT, XAT, NMAT, CMAT, MAH CET, etc. |
Popular Colleges | IIM Ahmedabad, IIM Lucknow, Amity University, LPU, etc. | IIM Lucknow, NMIMS, NIT, XLRI etc. |
Job Profiles | Commodity Merchandiser, Human Resources Specialist, Marketing Assistant, Sourcing Specialist, Farm Appraiser, Agriculture Policy Analyst, etc. | Financial Analyst, Finance Manager, Assistant Vice President - Corporate Banking, etc. |
Average Salary | INR 2.4 LPA - INR 9.1 LPA | INR 4 LPA - INR 10 LPA |
Top Recruiters | Godrej Agrovet, PI Industries, Pioneering Ventures, Ninjacart, Reliance Industries, Rabobank, etc. | KPMG, HDFC, ICICI Bank, J P Morgan, Deutsche Bank etc. |
New answer posted
a year agoContributor-Level 10
Avantika University MBA in Finance is a two-year postgraduate course offered full-time. The specialisations curriculum provides students with knowledge about the work in finance, banking, consulting, and investment management. A few of the subjects included in MBA Finance are listed below:
- Financial Accounting.
- Managerial Economics.
- Corporate Finance.
- Investment Management.
- Financial Statement Analysis.
- Risk Management and Derivatives.
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