Banking has always been one of the most sought after career choices of students. The recent measures taken in the economy have further fuelled the Banking and Finance sector. Students look forward to a well-paid and a secure career with private sector banks since their salary and promotion policy is quite extensive and rewarding.
Career prospects in the banking sector
Banks provide opportunities at all levels: entry-level students, college graduates, and experienced professionals. So, while considering a career in this sector, it is not only important to understand the requirement of a bank job but also what you can expect beyond.
There are multiple entry points for students in the banking industry: Retail Banking, Wholesale Banking, Corporate Banking and so on. While various positions offered in private banks may include Relationship Manager, Assistant Manager, Teller etc., in public sector banks, there are various positions available in clerical as well as officers’ cadre.
In fact, banks such as ICICI, HSBC, Kotak Mahindra, HDFC, Standard Chartered, Barclays, and American Express are some of the companies that hire banking students at all levels for their branches all over the world depending on their qualification and education. Lakhs of aspirants try to be a part of the ever-growing banking industry in the country either through professional courses such as MBA, PG Diploma in Banking or a Bank PO Examination.
Entering Bank jobs: The eligibility criteria
Most of the public sector banks hire based on an open competitive recruitment test like IBPS PO or SBI PO etc. The private banks conduct competitive exams and also directly hire Commerce graduates for entry-level positions. Having a specialisation in banking is an added advantage in the beginning of your career.
TKWs Institute of Banking & Finance (IBF), a premier institute in the Banking space, offers two courses for banking career i.e.,
1) Global PG Diploma in Banking & Finance, a 1-year course for B.Com graduates and working professionals and
Advanced Diploma in Banking & Finance + B.Com (Delhi University), a 3-year program for 12th class pass outs.
2) PG Diploma in Banking & Finance program brings world’s bests banking education to classrooms. It aims at making a student an expert in financial planning and transactions involved in International trade. Also, top ranking students from the Institute get an opportunity to go on an Asian Banking Tour to learn from foreign banks and exchange knowledge with International students.
The Advanced Diploma in Banking & Finance + B.Com from Delhi University aims at making 12+ students an expert in banking and finance in addition to securing their B.Com degrees.
A high growth phase for bank job aspirants
The Indian economy is currently growing at a pace much better than the rest of the world. So the public, private, and International banks in the country can offer great future to banking job aspirants. This is a great time to enter the banking sector. Choose the right Institute and Course to make a difference to your career.