Global banks and financial institutions offer global bankers and financial professionals to work in their offices. Being in a global business environment, you can enjoy a salary that is not only much higher than other Indian professionals but also has good benefits. It means, a global banker is more likely to have a higher job security.
Most of the times, MBA’s have gained more importance in the economy because of the fast growth of the companies. As the global corporations go international, the work done by Indian employees may be transferred to other countries. In this way, they become more valuable to other firms.
Besides, most of the companies engaged in financial markets are also more open to hiring people from other countries. International business has become the biggest force of the economy in recent years. And so, it’s important to have people who can understand different cultures and are able to adapt to them.
Most of the times, foreign direct investment or FDI has been used as a platform to bring in the non-Indian talent. However, the Indian banks do not accept the services of non-Indian bankers. So, it becomes the choice of the international banks to hire a person from a country like the US.
The best MBA solution for you in India, is to train yourself with international banking and capital markets. However, there are some requirements that you need to follow while studying the subject. Here are some of the requirements.
You need to be able to speak English. You need to speak English well to be able to tackle the challenges in the international business environment. A person who does not know English well is highly unlikely to get a job. In fact, most of the banks in the US will choose applicants who are fluent in English.
You need to take English classes and gain a level of skill. In fact, most of the students of the English courses have been successful in getting jobs after graduation. Of course, the number of jobs will be influenced by their skills. Therefore, you need to study well to ensure that you are qualified.
Many people consider a lack of English to be a disadvantage in the job market. However, this does not hold true. Only people who are not good at English can never succeed in international business.
Most of the time, companies from other countries prefer international banks to handle the accounts. They don’t want to involve the domestic banking system because they are not sure how it functions. These people are eager to hire international banking professionals, since they are sure that they will receive quality service.
Banks are heavily affected by the global economic crisis. They are losing money all over the world, therefore, they are forced to make amendments in their profit and loss accounts. Because of this, the banks are ready to accept any employee who is able to understand the nuances of the global business.
When looking for an MBA in India, you can find plenty of resources in the internet. You can search for online MBA assignments and classes. Take advantage of this opportunity and get some good knowledge of international banking and capital markets.