Banking, Finance & Insurance

Direct taxation, assuming you are working in India in a big four or a mid-sized firm, would involve a major portion of practical application of Income tax sections and case laws learned in your CA final exam. It would involve filing replies to AO (Assessing officer) for tax demands raised on your clients, filing petitions, tax planning, tax consulting for companies planning to invest in India etc. I feel it would be really interesting to apply the sections of the act and fight for your client. You can specialize in this field and start your own practise after about five to ten years as you do need a good network of peers and clients who could become your clients down the line. (Provided you do not violate the non-compete code of your employer).
Investment banking is mostly into due diligence and advisory. You advise your clients on whether to buy a particular company or not. The deadlines can be tight and really long work hours. The pay will obviously be better once you move up the corporate ladder. It also involves a lot of practical application of what you have learnt and the additional factor being exposure to a particular industry. You will learn a lot about your clients industry and the way in which it works. Great learning experience and exposure. In case you do have plans of a MBA in the future an Investment banking work experience will definitely boost your resume.

There are huge opportunities in the field of banking. Banking includes many departments like management, sales, marketing etc. and hence it requires professionals for every department.
The minimum eligibility to start career in banking is generally a Bachelor's degree. If you are from a non-commerce background, you may start as sales or marketing representative provided you have good communication skill and ability to perform.
As far as exams for recruitment in banks is concerned, one may write exams conducted by banks for recruitment of PO. The eligibility for the PO job in most of the banks is a Bachelor's degree with 55% marks. The candidate must be between 21-30 years of age with a proficiency in English language and computer.
The selection is done on the basis of examination and interviews. The examination consists of reasoning ability, quantitative aptitude, general awareness and English.
Private banks includes group discussion and profiling in the process of examination.
There are various books available in the market which provides exercises and solved question papers of PO exam. You may also find model question papers through internet.

Hi,
After completing Bachelor of Science, a large number of students prefer Master of Business Administration as their post-graduation course. MBA has a good scope in India as you can work in various fields after completion of the course. It usually depends on the branch in which you have completed MBA.
The growth of Multinational companies and branding in India has brought new management challenges. MBA education helps you find solutions to such business issues. The MBA course teaches you necessay skills and qualities for good and effective management.
There are various options for you to consider in MBA. You can choose on these branches to complete MBA in India.
Finance
Management
Banking
Information Technology
Economics
Healthcare
Retail Management
To pursue Master of Business Management in India the best institutes are IIMs. It is a big deal to complete MBA from Indian Institute of Management. Such candidates are offered job from all around the world.
For admission in Indian Institute of Management, you need to appear for Common Admission Test (CAT). The requirement for CAT is graduation degree with 50 percent marks. In case of SC/ST, only 45 percent marks are required.
After passing CAT, you can apply for admission in IIMs. Try to apply in as many IIMs as possible. Getting good CAT score does not guarantee admission in IIM. You will have to go through written test, group discussion and interview before being selected in IIM.
The other popular MBA exam is Management Aptitude Test. It can be taken by anyone with a graduation degree since percentage is not a criteria to appear for this exam.
Some top MBA colleges are:
1). Indian Institute of Management, Bangalore
2). Indian Institute of Management, Calcutta
3). Indian Institute of Management, Indore
4). Indian Institute of Management, Kozhikode
5). Indian School of Business (ISB), Hyderabad
6). Indian Institute of Management, Ahmedabad
7). Jamnalal Bajaj Institute of Management Studies
8). Indian Institute of Planning and Management
9,) Xavier Institute of Management Bhubaneshwar
10.) Institute of Management Technology Ghaziabad

BFM course refers to Bachelor in financial markets which is a three year specialization course offered by Mumbai University. It mainly deals with financial markets, markets behavior, etc.
BAF refers to Bachelor in Accountancy and Finance which is also a three year specialization course offered by Mumbai University.
If one has affinity to accounting, book keeping, economics and pursuing CA or some professional degree I would suggest to opt for BAF as course curriculum is defined in similar way to that.
If you want to learn about stock market behavior, capital markets functioning and want your career in similar direction you should opt for BFM Course.
Both courses have their own benefits considered separately.in the end it boils down to your choice of preference.