|
The banking industry is undergoing a rapid transformation world
wide propelled by two major factors : global convergence of financial services
and information technology.
The traditional distinctions between banking
and other financial services like insurance on one side; and between commercial
banking, developmental banking and investment banking are getting blurred. The
emergence of universal banking and bancassurance are clearly pointers. This global
convergence of financial services may gather further momentum in the years to
come. The power
of information technology is driving the banking industry as never before, leading
to faster, better and cheaper banking services. Obviously
banking industry forces new opportunities and challenges in the 21st century.
The scale and the scope of banking need to be global to be viable. Consequently
risk management, on a global scale, becomes very critical. A big bank can be destroyed
by a single rogue trader. Global reputation can be sullied by unethical practices
in one small corner. The concept of universal banking is under severe scrutiny,
particularly in the context of conflict of interest between corporate banking
and investment banking. Ethics and governance have become the key issues for survival
and sustainable growth. In
this context, the
Institute of Chartered Financial Analysts of India University, Tripura
offers a unique professional program titled
"MS (Banking)", leading to the award of the designation "Certified
Bank Manager" (CBM) from IBMR. The MS (Banking) Program is conceived, designed
and developed to cater to the contemporary and emerging needs of the banking industry. The
MS (Banking) Program is intellectually stimulating with a strong practical focus.
However, the pursuit of the MS (Banking) Program demands intellectual maturity,
strength of purpose and willingness to work hard. For those endowed with inquisitive
minds and driven by professional aspirations, this program will be a voyage of
discovery. |