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which is more tough between banking exam and mba?


sarmisthapaul2003 15th Nov, 2021
Answer (1)
SREYASHI SEN 15th Nov, 2021

Hey Sarmishtha,

You listed finance and MBA as career paths. Both entries are highly competitive, with a large number of candidates.

If you are in the GENERAL category in CAT, the competition will be substantially higher than in other categories. The competition in SSC or SBI PO isn't any less fierce, but I'd argue it's a little simpler to break.

You should take banking examinations, in my opinion.

Let's start with the possibility of working as a PO (Probationary Officer) in a PSB (Public Sector Bank):

You begin your career as an Assistant Manager on Probation. The starting wage is reasonable. You'll like your work in the beginning because everything will be fresh to you. The leased accommodations and other benefits would undoubtedly appeal to you. There is a strong sense of accomplishment. The first Recurring Deposit you set up with your own money will always hold a special place in your heart. The level of social prestige is unrivalled.

In 1–2 years, you'll pass the JAIIB and CAIIB and be eligible for advancement based on your bank's requirements. You'll become a Branch Manager with a lot of financial discretion and authority (trust me, once you sit in that illusive Branch Manager's chair, you'll never want to do anything else!!!) Life carries on as usual, and you retire comfortably with a seven-figure (or even higher!!!) money account.

The second alternative is to pursue an MBA as a career (Masters in Business Administration)

You put in a lot of effort and pass the CAT to gain admission to a tier 1 college in India. On campus, you'll meet a lot of folks who share your interests. Friendship blossoms, ideas collide, synergies surge, and a startup emerges.

After college, you acquire a six-figure job and have a side hustle (your startup!!) to supplement your income. After college, you acquire a six-figure job and have a side hustle (your startup!!) to supplement your income. Save money until you're 40, then retire early.Travel the world, live life, gain experiences, and then return to corporate as a management expert at the age of 60!!!!

Mint money even more!!!

You have a choice.

It is also a viable possibility to become a PO without accomplishing much afterward. Because you have already secured your life up to that point. In psu banks, there is also a lot of room for growth.

Hope it helps.

Regards.

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