CAREERS IN BANKING – IBPS,PO,Clerk,Bank Managers,Strategic Planning,Salary Package
Hello All..This is Devyani from Freshersworld.com Welcome to our video channel on jobs and careers Today I will be talking about the career opportunities in Banking The people who like juggling numbers and to
those who find money management a challenging and thrilling endeavour, will find a career
in banking, best suited for them. This field has seen immense expansion and banking is
becoming one of the most sought after profession. Students of commerce and economics can thrive
on a successful career in banking industry. The people who are aspiring to work with private
or public banks should know that this career offers exploring economic challenges of commerce
and trade, at global level. With rapid commercialisation and many private players entering banking
sector, the need for trained banking professionals has increased. There is a huge demand for
skilled banking graduates, who can start performing right from the first day at work. Students who are pursuing their plus two program in commerce or arts stream can look forward
to a rewarding career in banking. After school, education incumbents can enrol for a Bachelor
in Commerce program with special focus on banking and accounting.
An important thing to remember is that to secure admission to bachelor’s program in
banking one has to get good percentage in Class XII results. Students studying in CBSE
Board need around 80% overall to secure admission in a well-known college or university.
There is a ‘one year post graduate diploma’ in banking and finance courses offered by
many colleges and universities like the one offered by National Institute of Information
Technology. This will help in attaining specialisation. Those who successfully complete the education
can work with private or public banks as sales executive, customer support, front desk as
well as in mortgages department to relationship managers.
Those who are pursuing their post graduate program from top notch institutes like IIMs,
Symbiosis or other famous B-schools can expect to start their careers with good salaries.
A specialisation in finance with a MBA degree assures good positions in banks and other
top notch financial firms. Students looking to graduate from top B-Schools
should start preparing for Common Aptitude Test (CAT), in order to get admission. Start
preparation along with graduation program in order to gain confidence in clearing CAT
in first attempt. For a successful career in banking, the student
should possess good communication skills, talent for banking, sales, and marketing as
well as knowledge about money matters. Those who are enthusiast and like trading in shares
and stocks , mutual funds, hedge funds and have good knowledge in personal loans and
insurance policies, they can find ample job opportunities.
A course specialising in banking and finance focuses on education students on management
of Financial Services, Micro Economics, Effective Banking Communication, Quantitative Techniques
in Banking, Organizational behaviour in Banking organizations, Taxation of Financial Services,
Laws relating to Banking & Insurance, Cost Accounting of B&I Services, Equity Debt, Corporate
Laws governing Capital Markets, International Business Management in Banking Organizations,
HRM in Banking Organizations and Strategic Planning in Banking organizations.
Pay scale for fresh graduates can be anywhere from Rs 8,000 to Rs 20,000 starting as a trainee
or entry level position in banks. Those who graduate from premier institutes can expect
better position and pay package starting from Rs 8 lakhs per annum. For a detailed list
of jobs and opportunities in career in Bank, browse the website www.freshersworld.com which
provides all the details, you would need to succeed in the banking process we will be back with more such videos so stay connected with us do not forget to hit the subscribe button below