Banking, Finance & Insurance

It is the age of industrialization in all around the world. Many industries are being established in many countries. Finance is the way to establish an industry in a proper way in according to the money management of the building, run, money resources and its proper collection.
Finance is the most sought after specialization of MBA. A big community of students is attracting with this specialization.
It is one of the oldest disciplines of management courses. In the last of the 19th century it was the subject of Economics. By the start of the 20th century it got the affiliation of an individual subject for study.
When we heard the term finance, we thought of the banking. But no, just only banking is not the all for finance.
The financial management is concerned to the planning and controlling of the financial resources of an industry.
Finance involves the management, control and review of the collection, investment and resources of money as a capital required for an industrial building, plant and working.
This activity is called as the Financial Management which is controlled by the Finance Manager.
Finance is most sought programme in across the world.
In this course, the students are offered the knowledge and skills of analytical thinking, continuous process, concept of managerial decision, maintaining balance between risk & profitability, coordination process and centralized nature.
The course is included with the corporate finance, budgeting, costing, international finance, investment & securities and working capital management. These subjects prepare the students to work with any financial organization.
Actually, the students who have done the B.Com or having commerce in their qualifying examination, they are well going-through the finance, accountancy and related fields.
You can do the MBA in finance after the completion of UG degree in Engineering, medical, science, art and humanities.

Already an incredibly lucrative global industry, the Islamic banking sector is growing worldwide at its the fastest ever pace. Typical duties of those choosing this specialism may include:
Accountancy for clients and businesses
Preparing and filing tax returns
Advising on investment opportunities
Budgeting and forecasting
Working with major and minor Islamic banks
Assisting new businesses and start-ups
Monitoring of legitimacy and ethics
Building connections with western banks and businesses
Unsurprisingly, the most important trait required to succeed in Islamic banking is outstanding numeracy skills. In addition, a great deal of integrity and responsibility are necessary when working with strict rules and a very specific code of conduct. Candidates must also have a vested interest in Islamic law and the way business is done is Islamic regions. Additional skills and qualities of key importance include:
Flawless attention to detail
A naturally problem-solving persona
Patience and the ability to work under extreme pressure
An investigative nature and total tenacity
The willingness to travel
Outstanding communication skills and integrity
As an extremely specific and complex specialist area, studying Islamic banking is a must for anyone interesting in joining the industry. Familiarising yourself with key theory and the basics of Islamic financial law is of crucial importance, in order to operate in a manner permissible in Islamic banking. Brentwood Open Learning College is proud to offer a selection of high-end Islamic banking courses, developed by noted academics and respected industry leaders. Study in your own time and at your own pace for a recognised qualification that could change your life.

My input is based on the belief that you intend to switch profession on the completion of the course. Let me tell you that there are no quick-fix certification courses which will help you switch from IT to finance/ banking. I also understand that you don't want to discontinue working and go for an MBA (Finance). As the cliche goes, there are no shortcuts to success, so be prepared for a long haul. The best course available there is Certified Financial Analyst (or CFA see details in CFA Institute website at CFA Institute). Another good certification would be Financial Risk Manager (or FRM) from Global Association of Risk Professional (or GARP). You can check out the details on Global Association of Risk Professionals. Finally you can also think of having Professional Risk Manager (or PRM) certification from Professional Risk Managers' International Association (or PRIMA). The details for the same is available on Professional Risk Managers' International Association - PRMIA. There are various other courses available in India in finance offered by Indian Institute of Banking and Finance (see for details Welcome to Indian Institute of Banking & Finance), as also by some stock markets like NSE (Page on nseindia. Com) but they would be of limited use and may not help you gain entry into a very competitive finance industry.