The Banking & Insurance sector is a crucial component of the global economy with the promise of phenomenal growth as individuals, corporations and institutions across all sectors demand more need based specialized services. Banking plays an important role in safeguarding the economy's M1 money supply while insurance contributes to economic growth by improving the investment climate and promoting more business. Thus, Banking & Insurance form two of the most vital aspects of a thriving economy and an elite career option for professionals with the right degree. According to a recent Mckinsey report, the Banking industry will double its revenue and profit by 2016. Retail banking in the UAE is expected to grow by 10% p.a.
Today an individual can access a variety of job roles in the Banking & Insurance sector, such as: Banking: Banking Sales, Phone Banking/ Transactions Processes, Personal Banking & Wealth Management, Wholesale & Corporate Banking - including Treasury, Corporate Finance, Investment Banking, Capital Markets, Rural & Agricultural Banking, and SME Finance. Insurance: Sales, Operations, Support Functions, Underwriting, and Actuary