According to a report, India is likely to become the third largest banking hub by 2040. This means that there will be plenty of job opportunities in this field for freshers, in the coming years, says AMIT GOYAl
Banking and finance has become one of the fastest growing fields in the country with almost 85,000 vacancies in public sector banks and myriad opportunities in the private sector. This makes it ideal career choices for students. The banking sector requires and demands people who are quick learners, extremely professional, have an ability to think and analyse things accurately and know the nuances of the banking sector.
India is expected to become third largest banking hub by the year 2040 in the world. A good news for fresher is that 40,000 employees are getting retired and hence the intake of the same number of students will be done likely. As far as private banks are considered there are 1.5 lakh vacancies awaiting for them. The only need is to grip the opportunity at the right time and at the right place with confidence and quality knowledge. We help our students to possess all key skills to achieve in the concerned field and sustain in that business.
Opportunities are available in the core banking services like lending, depositing money, liaison with various banks and institutions. Apart from this there are other jobs like easy credit, corporate credit, project credit, finance credit and consumer credit. Several banks like American Insurance, ING Vysya, India Bulls and Birla Sunlife have multiple vacancies currently for financial managers, tellers, bill and account collectors.
The basic banking job profile like lending, depositing money, making demand draft and handling with various banks and institutions there are other jobs like easy credit, corporate credit, project credit, finance credit and consumer credit.
Basically the age limit should be between 21 and 27 and the candidate should have scored 50 per cent marks in graduation in any discipline. The candidate should also have basic knowledge about the banking sector. In order to get admission one has to undergo an aptitude test and a personal interview. The test is usually meant to gauge a candidate’s English language skill, numerical ability, reasoning ability in the written test.
This is a field when work has to be done within no time. Hence one should be a quick learner and ability to catch things. To get into PG Diploma in banking and finance one has to undergo through aptitude test and a personal interview. We check basically the English, numerical ability, reasoning in the written test. It is usually done to check whether the students have the basic knowledge or not. After the interview is cleared they are made known about Internship, Education loan, and employment guarantee etc.
Several MNCs, private banks and financial companies are on a lookout for these professionals. The beginners can get a minimum package of Rs15,000-Rs20,000 per month and it keeps on increasing.
Some of the institutes where one can study are: