Banking, Finance & Insurance

Hi, MBA in Retail Banking may include subjects such as Principles of Economics & Markets, Managerial Effectiveness & Ethics, Accounting & Finance, Organizational Behavior & Human Resources Management, and Quantitative Techniques & Analytics.
Some other topics that may be covered in an MBA in Retail Banking include: 

• Risk Management: The process of identifying, evaluating, monitoring, and mitigating risks that could affect a company's objectives 
• Business Valuations: The understanding of the worth of business, shares, or assets in the context of transactions, strategic decision-making, financial reporting, disputes, and tax planning 
• Financial Modelling: Summarizing an organization's expenses and revenue in a spreadsheet to predict the impact of a future event. 

Hope this will be useful to you.

Retail banking equips customers with the resources and tools they need to handle their money wisely, accumulate wealth over time, and meet their financial objectives. Let’s look at some of the factors that make retail banking crucial.

• Monitoring Financial Health: Retail banking can help monitor financial health by providing customers with a range of banking services that can help them manage their accounts, track their expenses, monitor their credit scores, plan for their financial goals, and manage their loans.
• Ease of Use and Security: Retail banking provides a convenient and secure way to manage customers’ finances. It allows them to save, borrow and invest money in a safe and regulated environment. By opening a savings account or a fixed deposit, they can earn interest on their savings, and also protect their money from theft or loss.
• Access to Credit: Customers can establish and build their credit history with the help of retail banking. With credit cards and loans, they can demonstrate their ability to borrow and repay the money, which can help them qualify for larger loans in the future.
• Financial Literacy: Retail banks offer financial education and guidance to help customers understand how to manage their money, make smart financial decisions, and achieve their financial goals.

Retail banking is also consumer banking, and personal banking, offering financial support to individual customers rather than businesses. It is a way for consumers' money management, access to credit, and funds security. Retail banks offer services like checking and savings accounts, mortgages, personal loans, credit cards, and certificates of deposit (CDs).
Retail banks are also an essential source of credit for people. They offer them credit to purchase big-ticket items such as homes and cars. This extension of credit can take the form of mortgages, auto loans, or credit cards and is an important facet of the economy as it offers liquidity to ordinary people, which helps the economy grow.

Both specialisation, BBA Finance Management and BBA Analytics & Big Data offered at UPES School of Business for three years. Check out the programme details of each course below: 

BBA Finance Management: This degree is designed to equip students with a strong foundation in business and management principles, coupled with in-depth knowledge and skills in finance. Some subjects included in this degree are financial accounting, corporate finance, investment analysis, etc. Check out the different job roles a BBA in Finance Management graduate can pursue: 

• Financial Analyst.
• Risk Analyst.
• Investment Banking Associate.
• Loan Officer.

BBA Analytics & Big Data:  This course mainly focuses on providing students with the necessary skills and knowledge to work with data and perform analytics tasks using programming languages. Some of the subjects included in the curriculum of this course are Business Economics, Business Statistics, Web Design and Development, Search Engine Optimisation, etc. Check out the different job roles a BBA in Analytics & Big Data graduate can pursue: 

• Business Analyst
• Digital Marketing
• Marketing Research Analysts
• Data Analyst

Conclusively, both of the specialisations are efficient in providing placement opportunities and good job roles to graduates. Hence, to choose which one is better, candidates are required to make the decision according to their career goals and aspirations.