Master Program Banking and Finance

Global Study Program
Banking and finance
Name of the author-

INTRODUCTION
With the ramified globalised changes, there are several courses which I could opt as
per the chosen career. I want to make my career in banking and finance filed where I could
deploy my divergent and coherent thinking to create value on the invested capital. The career
chosen to be opted is Masters in Business Administration in Global Banking and Finance.
This essay will divulge the key understanding on the chosen topic and related theories which
I could use in this study program. The following essay represents the approach that depicts
the subjects required to be studied in the due course and as well as represents the skill set that
is required to complete the course in an effective manner.
(A)
SUBJECTS REQUIRED FOR COMPLETING THE CHOSEN CAREER
Accounting for managers: this subject shall enable the student to get a complete knowledge
and understanding of the business transactions. The idea is to gather an understanding of the
accounting principles, financial analysis, and accounting relating to costs and management
(Peirson, Brown, Easton, &Howard, 2014).
Practice in leadership: this course is designed to evolve the leadership skills that the future
managers shall inhibit. The limelight area is development of technical skills of the managers
and gains an expertise in their professionalism (Machado, & Davim, 2016).
Finance: the knowledge regarding appraisal of investment, financial management, sensitivity
analysis, project financing, capital rationing, bond and equity valuation, policies of dividend
etc. shall be taken (Beal, 2016).
Management of human resources: all the knowledge relating to motivation, training,
selection, sourcing and rewarding of workforce is acknowledged. The management of human
resources is undertaken in this.
International banking: the regulatory and supervisory issues relating to the concept of
international banking. Study relating to regulation of banks, globalised banking, system of
shadow banking, etc is focused (O'Connell, 2017).
Practice of marketing: the concepts relating to marketing process is gathered. The
relationship between different concepts like the marketing strategies, customer behaviour,
brand reputation, technological considerations, etc. shall be discussed.

Business strategic analysis: to work with the dynamic and complexed business environment
there stands a need to formulate strategies that are bringing a balance between the firm’s
internal and external environment. This subject is dealing in the same line (Tarnec, &Louis,
2015).
Operational management: the study of the management of different business operations
dealing with company’s business and marketing strategy is dealt. The focus of this subject is
to help the manager to aid in management of different business operations and processes.
Entrepreneurship: the study deals with all the areas that relate to financing and inception of
the new business idea that the business owner is thinking to incorporate (Rongpipi, 2015).
As far as the comparison between the subjects required to be studied and the subjects that are
intended to be studied, there lies difference in the scope of study. The current study subjects
relate to these areas but in a limited scope. The further study shall explain in depth the current
subjects only, but the horizon is expanded. It also reveals the challenges and possible issues
which I might face while studying this course. Nonetheless, this course focuses on my own
understanding and will deepen my critical and divergent thinking towards the banking and
finance sectors.
(B)
KEY SKILLS REQUIRED FOR THE CHOSEN CAREER
The chosen career is Master in Business Administration in Global Banking and Finance. This
career could be chosen by the person who is dynamic and knows how to express the
objectives of the business in a realistic manner. The skills that the person has must be very
versatile personality and knows how to work effectively in a team. The communication and
presentation skills need to be very solid and well organised to be a good manager and conduct
business in an organised manner. The most important skills in this course are discussed in
detail as follows:
INTERPERSONAL SKILLS
All the soft skills that are must to be embedded in order to gain success in successfully
maintaining the leadership role that includes motivating the team and working in a
coordinated manner are requisite. These skills incorporate every important aspect that shall
help the leader to deal with the clients and impart all that is required to gain success and beat
failure. It is important to communicate well with the peers, customers, suppliers and every