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Career as a Banker

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About Career as a Banker

Banking is one of the most important career choices among students because it is well paid, secure and high status career.

Career Prospects of Career as a Banker

Public sector Banks recruit mainly graduates for Clerical and Probationary Officer posts on the basis of All India Level examination. However professionals like engineers, doctors, technologists, lawyers, ex-defence officers etc are recruited on senior positions through All India tests. Graduates with commerce/economics are desirable candidates but any one from any stream can enter into this service by qualifying the exams conducted by banks. Private sector/Foreign Banks prefer to take MBAs, CAs, CFAs etc at junior positions through Campus recruitment and interviews. However, at the senior positions they opt for experienced bankers. Thus the officers from Public sector Banks become the natural choice for such positions. Besides academic background banks generally look for good communication skills, good interpersonal skills, and the ability to deal with customers, an alert nature, and basic knowledge of the industry. However to join foreign or private sector banks at higher than entry level one needs specialisation in some specific areas like project analysis, credit appraisal skills, managing huge loan portfolios and foreign exchange. Good computer knowledge is also always preferred.

Skills & Education Required for Career as a Banker

It may appear that these jobs are meant for commerce/economics students but the fact is that majority of bank officers are from different streams of education like Arts, Science and others. The all round demands for professionals has made banks: Public Sector, Foreign and Multinational to recruit more and more MBA graduates, CAs and CFAs to enhance efficiency. Nevertheless bright graduates from any subject can get entry in the Public sector Banks through an All India Examination conducted themselves by banks. Emergence of technology-driven new private banks and entry of Financial Institutions into short-term lending business has created the requirement of more professionals. Now banks are in the mutual funds, securitization business, and credit cards, consumer loans, housing loans besides trading in gold and forex activities.Most Public sector banks clerks can get around Rs 10,000 - 12,000 while officers can begin in the Rs 12000 - 18000 per month scale. Professional like MBAs, CAs and CFAs recruited by public sector banks can have higher salary. But same professionals recruited by private and foreign banks are given pay packages to the extent of about Rs 25000-30000 a month.

Comments/ Reviews on Career as a Banker

  • bank job Posted By : saurabh sharma, on 23-05-2012 20:18:28 Report Abuse

  • Dear Sir/Mam, Requirment accounts job. Posted By : Nitin Bhatia, on 03-05-2012 11:29:09 Report Abuse

  • Dear Sir/Mam, Requirment accounts job. Posted By : Nitin Bhatia, on 03-05-2012 11:27:16 Report Abuse

  • ok Posted By : MAHENDRA PAL VERMA, on 28-04-2012 14:17:34 Report Abuse

  • ok Posted By : MAHENDRA PAL VERMA, on 28-04-2012 14:17:23 Report Abuse

  • Presently working with Al Manamah Services in Saudi Arabia as an Accountant want to join your company. I am B.Com(Hons) Finance & Accounts in the year 2006, if there is any vacancy for my qualification please mail me. +966533067826 Posted By : shahnawaz karim, on 25-03-2012 14:46:25 Report Abuse

  • Presently working with Al Manamah Services in Saudi Arabia as an Accountant want to join your company. I am B.Com(Hons) Finance & Accounts in the year 2006, if there is any vacancy for my qualification please mail me. +966533067826 Posted By : shahnawaz karim, on 25-03-2012 14:46:09 Report Abuse

  • Presently working with Al Manamah Services in Saudi Arabia as an Accountant want to join your company. I am B.Com(Hons) Finance & Accounts in the year 2006, if there is any vacancy for my qualification please mail me. +966533067826 Posted By : shahnawaz karim, on 25-03-2012 14:45:49 Report Abuse

  • sir, compleated mba , i have experienced in ing vysyas finacial sevice ltd Posted By : harish, on 23-02-2012 19:55:30 Report Abuse

  • sir, compleated mba , i have experienced in ing vysyas finacial sevice ltd Posted By : harish, on 23-02-2012 19:54:54 Report Abuse

  • i looking for job in banking sector Posted By : ruhul, on 05-02-2012 23:18:52 Report Abuse

  • i looking for job in banking sector Posted By : ruhul, on 05-02-2012 23:18:51 Report Abuse

  • sir, i have done post graduation.(M.COM) & i have good computer knowledge also & now i am doing a banking job in mahamedha urban co-op. bank ltd. in hapur distt.-panchsheelnagar but i am searching a best job b'coz i want to do something different in my life.. Posted By : Manan Dutt, on 30-12-2011 14:35:22 Report Abuse

  • sir, i have done post graduation.(M.COM) & i have good computer knowledge also & now i am doing a banking job in mahamedha urban co-op. bank ltd. in hapur distt.-panchsheelnagar but i am searching a best job b'coz i want to do something different in my life.. Posted By : Manan Dutt, on 30-12-2011 14:34:30 Report Abuse

  • sir, i have done post graduation.(M.COM) & i have good computer knowledge also & now i am doing a banking job in mahamedha urban co-op. bank ltd. in hapur distt.-panchsheelnagar but i am searching a best job b'coz i want to do something different in my life.. Posted By : Manan Dutt, on 30-12-2011 14:34:04 Report Abuse

  • Dear,SIR/MAM, I have been working with a BPO from last 5 & half years.Now i want t o swith to Banking & commerce sector, can any one guide me please Posted By : Shaik, on 12-12-2011 11:04:33 Report Abuse

  • Dear,SIR/MAM, I have been working with a BPO from last 5 & half years.Now i want t o swith to Banking & commerce sector, can any one guide me please Posted By : Shaik, on 12-12-2011 11:03:49 Report Abuse

  • m in 12th std comerce..can u tel me wat can i do after my 12th.n after 15th as well.telme some good courses in banking so that i can good salary.can i get a job after ma 12th?? Posted By : ritu, on 04-12-2011 14:21:08 Report Abuse

  • I am complete my graduation and also complete my Diploma in Financial Accounting Systems and i want a backend operation/casiher/account opening job in bank. So, if there is any vacancy for me pls inform me. Thanks Kumar Nilabh Posted By : Kumar Nilabh, on 31-10-2011 23:00:33 Report Abuse

  • Dear sir, I'm completed my B.com through distance education, If i having the chance in Banking side or give me suggestion which is the best career for me for my future? what are the best courses that I've to learn? Posted By : Krishnakishore, on 11-09-2011 22:21:24 Report Abuse

  • i want know to more information dbfm course Posted By : reeteshgoyal, on 22-08-2011 11:27:21 Report Abuse

  • i searching bank sector back office jobs in Gulbarga, Bidar, Raichur, Bijapur or any north side district. now i am woeking in sks micro finance ltd, regional office Gulbarga as a administrator. Posted By : mahesh.m.k, on 16-08-2011 17:39:07 Report Abuse

  • Dear Sir, I am currently working for AXIS Securities & Sales Ltd.(subsidiary of AXIS BANK) as Operations Executive since August 2009 in Auto Loan Division. Before that I was placed in LIC Housing Finance Ltd. as an Office Assistant. I Have knowledge in different Banking softwares like - FINACLE, FINNONE & different web apps including Office Package. I am currently looking after Credit Process in Auto Loans. I want a suitable position for myself. Please contact if I sound good. Thanks & regards, Atanu Paul Cell: 8145520432 Posted By : Atanu Paul, on 27-07-2011 22:06:59 Report Abuse

  • Dear Sir, I am currently working for AXIS Securities & Sales Ltd.(subsidiary of AXIS BANK) as Operations Executive since August 2009 in Auto Loan Division. Before that I was placed in LIC Housing Finance Ltd. as an Office Assistant. I Have knowledge in different Banking softwares like - FINACLE, FINNONE & different web apps including Office Package. I am currently looking after Credit Process in Auto Loans. I want a suitable position for myself. Please contact if I sound good. Thanks & regards, Atanu Paul Cell: 8145520432 Posted By : Atanu Paul, on 27-07-2011 21:55:00 Report Abuse

  • Hello sir i am currently doing my 12th.i have decided to take bcom and then Mba. Is this the right option?What would be the posts i would be getting in the future. Posted By : ASMA, on 26-07-2011 15:51:22 Report Abuse

  • I have completed my Degree in science.iam looking for banking job.iam intrested to the banker how can i apply for this job.what i hav to do for that.How hav to prepare for this.send me the mail on mail id Posted By : shaik.shakrun, on 24-07-2011 13:43:29 Report Abuse

  • I have done my bachelor degree in Insurance & risk Mngt. Please show me the appropriate way to join banking sector. Posted By : saborna mukherjee, on 19-07-2011 18:27:24 Report Abuse

  • I have done my bachelor degree in Insurance & risk Mngt. Please show me the appropriate way to join banking sector. Posted By : saborna mukherjee, on 19-07-2011 18:27:09 Report Abuse

  • i am a student of Bscit 6th sem.but i m intrested for a bank job.Please give me a suggestion of a best course for me. Posted By : sushmita, on 16-07-2011 17:22:55 Report Abuse

  • Sir i have done my b.com 1st yr exam from sol du and i need a job Posted By : Chunnu, on 13-07-2011 17:37:13 Report Abuse

  • sir, I am a graduate & working in ICICI Bank Ltd. but I want to relocate, kindly provide me the courses which help me furthur in this field Posted By : Pooja Khare, on 25-06-2011 19:43:50 Report Abuse

  • sir, I am a graduate & working in ICICI Bank Ltd. but I want to relocate, kindly provide me the courses which help me furthur in this field Posted By : Pooja Khare, on 25-06-2011 19:42:47 Report Abuse

  • can you suggest some banking career which is in demand & have good salary Posted By : rajesh kumar deo, on 09-06-2011 14:12:49 Report Abuse

  • Hello sir, i am a MBA (Finance) student waiting for my results,i want to know how to join an islamic bank, will this exam help me in this field. Posted By : mujeebunissabegum, on 19-05-2011 02:04:12 Report Abuse

  • I want to know the options available for careers in banking sector after m.com. Posted By : Monu, on 29-04-2011 20:16:58 Report Abuse

  • Na Posted By : sardhanjali Pattnaik, on 20-04-2011 16:45:53 Report Abuse

  • hi, I am persuing mcom part 2 in this april 2011,would like to know more about how to get into a bank and various designations that one could apply. thanks Posted By : Varsha, on 07-04-2011 22:22:37 Report Abuse

  • Hi, I will be appearing for my M.com part 2 in april 2011...wolud like to know how to join a bank and the best designation that i cab get. thanks Posted By : Varsha, on 07-04-2011 22:20:34 Report Abuse

  • Hi, I will be appearing for my M.com part - 2 in april 2011...wolud like to know how to join a bank and the best designation that i cab get. thanks Posted By : Varsha, on 07-04-2011 22:20:12 Report Abuse

  • what is the procedure to enter in this field after 12th???? Posted By : harshita, on 05-04-2011 21:06:57 Report Abuse

  • sir, i m student of manipal university.i m doing bbm ( e-banking & finance) from department of commerce... i m in 2nd year . After 2 month my 4th semester complete....so can u plese tell any certificate or diploma course in any banking or finance field...which i should do during my 3rd year college....because i want to do something extra with my 3rd year ii banking or finance field.... so plzz kindly give me suggestion..plzz as soon as possible..!! Posted By : shubham, on 17-02-2011 13:28:21 Report Abuse

  • Now I m graduate in commerce, so how to join bank . Posted By : sonali, on 24-01-2011 00:14:33 Report Abuse

  • can you suggest some banking career which is in demand & have good salary Posted By : Manohar gupta, on 14-01-2011 07:30:46 Report Abuse

  • hello sir/mam i will complete my higher secondry this yr/12,,,,plz suggest me some courses regarding banking and the chaces to get good post in banks. Thank u Posted By : Mona agarwall, on 17-11-2010 10:42:22 Report Abuse

  • Sir i have completed my graduation in year 2008 (B.Com) I want to work in bank for this what qualification i should possess. Posted By : Aparna Naik, on 30-09-2010 07:41:26 Report Abuse

  • Sir i have completed my graduation in year 2008 (B.Com) I want to work in bank for this what qualification i should possess. Posted By : Aparna Naik, on 30-09-2010 07:38:16 Report Abuse

  • Hi, I'm currently working in an international bank in japan. I'm looking for some long distance diploma courses, which i can pursue sitting here. I basically need this course to enhance my skills in banking and finance domain, kindly suggest some institutes which fits my requirement. Your help will be much appreciated. Thanks in advance. Posted By : Anuj Srivastava, on 21-09-2010 21:41:51 Report Abuse

  • Hi, I'm currently working in an international bank in japan. I'm looking for some long distance diploma courses, which i can pursue sitting here. I basically need this course to enhance my skills in banking and finance domain, kindly suggest some institutes which fits my requirement. Your help will be much appreciated. Thanks in advance. Posted By : Anuj Srivastava, on 21-09-2010 21:41:25 Report Abuse

  • Hi, I'm currently working in an international bank in japan. I'm looking for some long distance diploma courses, which i can pursue sitting here. I basically need this course to enhance my skills in banking and finance domain, kindly suggest some institutes which fits my requirement. Your help will be much appreciated. Thanks in advance. Posted By : Anuj Srivastava, on 21-09-2010 21:40:54 Report Abuse

  • hello sir ,i have passed ssc with 84% and i have now took vocational commerce and in that banking as a choise,after 12th i want to take bms but i dont understand what i should take then bbi or bba n after that i want to do mba ?is this right what i have taught ? will i be able to to get a job if i do this. Posted By : jinkal gala, on 10-09-2010 02:04:44 Report Abuse

  • Dear Sir, I Am Studying In S.Y.BMS i want to make my career in banking industy and opt for finance as my specialisation which courses should i do along with it thank you take care :) Posted By : Surbhi JAIN, on 30-08-2010 05:32:18 Report Abuse

  • I am a student of Gniit and i had done my B.Com from mumbai universtiy in the year 2010. I want to persue my post graduation in distance learning which will enhance my IT career. Posted By : DIVYA S SHETTY, on 23-08-2010 07:27:47 Report Abuse

  • give me the name of the colleges in which M.COM in Banking and Finance course is there Posted By : irshad, on 15-08-2010 15:11:11 Report Abuse

  • sir/mam i hv done b.com rsgular frm d.u....plz suggest me some gud course wich i can do n pursue as my career...also tel me if i wnt 2 get into banking job wht r d qualifications i should hv.... Posted By : vandana madaan, on 29-07-2010 13:08:22 Report Abuse

  • give me the name of the colleges in which M.COM in Banking and Finance course is there Posted By : shital, on 23-02-2010 12:17:35 Report Abuse

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