The BIS hosts the Secretariat of the Basel Committee on Banking Supervision and with it has played a central role in establishing the Basel Capital Accords of 1988, Basel II framework in 2004 and more recently Basel III framework. There remain significant differences between United States, European Union , and United Nations officials regarding the degree of capital adequacy and reserve controls that global banking now requires. Put extremely simply, the United States, as of 2006, favoured strong strict central controls in the spirit of the original 1988 accords, while the EU was more inclined to a distributed system managed collectively with a committee able to approve some exceptions.
I am a Bcom graduate from the university of Mumbai. Currently looking for employment. I have also enrolled for a distance learning masters program (Mcom) here at the university of Mumbai. I have just started to prepare for GMAT. I have always wanted to get my MBA from Canada, but looking at the kind of job offers I am getting based on my Bcom degree, I don’t think I would be accepted by any decent B school. As all the good school require a ‘managerial level’ work experience. So my question is, should I go for a MiM program from the UK (which would require no work experience) instead of chasing an MBA? Moreover, any other advice that you may have for me.