Question & Answers: Banking Sector
I am a graduate in commerce from an Indian university. I would like to work in the UAE in a bank, preferably in the corporate credit department. I want to know what I should study further to improve my chances of landing a good job in the country. Also, what are the benefits of studying to become a Chartered Accountant, or undertaking a Master of Business Administration (MBA)?
Reena via email
Possessing a post-graduate degree in this economic climate will certainly lead to more opportunities. Apart from increasing your knowledge base, a post-graduate degree will also hold you in good stead when it comes to promotions.
To become a Chartered Accountant, you will need to train with a firm of Chartered Accountants in India and this normally takes three to four years to complete. In addition to the training, you will need to write examinations, which will cover fields including taxation, corporate finance and accountancy. The net result of studying chartered accountancy is that you will be a specialist in the field of finance and allied areas.
The curriculum of an MBA programme is more diverse and tends to focus on various aspects of business including marketing, communication, strategy, as well as the concepts of leadership and teamwork. Even while pursuing an MBA you could specialise in a certain discipline such as finance, marketing, or international relations. An MBA programme is usually for two years, although some universities offer a one-year programme as well.
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