India is ranked as one of the most vibrant economies in the world. The presence of strong BFSI (Banking, Financial Service & Insurance) sector with its robust growth has helped country’s banking system to withstand the global downturn well. With FinTech revolution, speedy implementation in bringing new reforms like digital payments, relaxation of foreign investment rules, global names increasing their stakes in Indian Insurance companies, etc. have all led to the sector achieving a robust growth.
In recent times, these rapid advancements witnessed in the BFSI sector have subsequently paved way for varied career opportunities. The National Skill & Development Corporation in 2016 reported that the sector is said to have contributed more than 6% towards India’s GDP during the year ended 2008. Further to accelerate the progress in the sector, over 8.4 million individuals are projected to be employed by BFSI institutions in the next few years. Additionally, the NSDC report projects the human resource requirement between 2008 and 2022 to reach over 4.2 million.
With this, the banking & finance careers have widened beyond the traditional Accounting & Taxation roles. The Banking & Finance sector offers some of the most promising careers.
1 – BFSI Sector Skill Council estimates that the industry will hire about 40 lakh employees by 2022
2 – An average of 5000 new branches expected to open annually in next 10 years should add 8 Lakh jobs
3 – Financial Inclusion program of RBI will create a demand of over 5 Lakh skilled Banking Correspondents
4 – Salary and benefits: Individuals qualified as CA, CS, ICWA are offered on an average 3-6 lakh annually post clearing the exam. Whereas salaries of PG in Finance for likes of Financial analyst, Credit analyst etc. range from starting 4 to 18 lakh annually.
5 – Secured long-term career: Careers in Banking & Finance have just begun to grow with new technologies and financial innovations taking place with a brisk pace. With a firm grounding in the fundamentals, one can hope to achieve a long-term career and success.
But tapping these opportunities is easy if you have experiential training and higher skill sets. Mere graduation will not suffice. Growth-driven Banks & FIs are exhibiting increasing reluctance to hire or elevate graduates with generalized knowledge preferring the superior academic proficiency, practical skill sets and acumen of postgraduates.
TKWsIBF – A pioneer of Banking & Finance program for aspirants ready to wear the banker’s hat.
TKWsIBF offers a one year PG Diploma that is both holistic and career oriented.
1 – The 1 year Post Graduate Diploma in Banking & Finance at TKWsIBF will enable candidates to build fundamental & advance learnings of the essentials of banking & finance.
2 – Additional advantage Certificate in International Trade and Finance (CITF).
3 – The program introduces a student to various facets of financial planning and transactions involved in International Trade by bringing globe’s best education in Indian Classrooms.
4 – The core principles of TKWsIBF lies in
*Experiential Learning Techniques (ELT)
*Strong Industry Orientation.
5 – Provides the candidate with structured training and higher skill set bound to enable them to serve in senior level and high-profile management roles in the sector.
6 – Ranked #1 since 2010 as the Best Banking Institute.
7 – Curriculum designed by practicing and veteran banking professionals recognized in the BFSI sector.
8 – Industry-linked assignments & global exposure through International Lectures (Online) from Top American Universities.
9 – Lectures from International Guest Faculty & Industry
10 – ASEAN Banking Tour for Global Exposure for select students
11 – Events like leadership camp, outbound learning etc. to train individuals prepare for adverse situations occurring in an organization.
12 – Excellent placement record with students placed in premier institutions such as ICICI Bank, Goldman Sachs, Deutsche Bank, State Bank of India, Axis Bank etc. holding the multiple positions like Investment Banker, Credit Analyst, International Trade Officer, Equity Analyst, Forex Officer etc.
As the industry braces itself for a high growth, get ready to rise and shine with new and superior knowledge and skills.