{"id":152005,"date":"2021-11-19T15:26:00","date_gmt":"2021-11-19T09:56:00","guid":{"rendered":"https:\/\/www.kopykitab.com\/blog\/?p=152005"},"modified":"2021-11-24T18:44:44","modified_gmt":"2021-11-24T13:14:44","slug":"career-in-banking","status":"publish","type":"post","link":"https:\/\/www.kopykitab.com\/blog\/career-in-banking\/","title":{"rendered":"Career &amp; Job Opportunities in Banking Sector"},"content":{"rendered":"\n<p><strong><img class=\"alignnone size-full wp-image-152785\" src=\"https:\/\/www.kopykitab.com\/blog\/wp-content\/uploads\/2021\/05\/Career-in-Banking.jpg\" alt=\"career-in-banking\" width=\"1200\" height=\"675\" srcset=\"https:\/\/www.kopykitab.com\/blog\/wp-content\/uploads\/2021\/05\/Career-in-Banking.jpg 1200w, https:\/\/www.kopykitab.com\/blog\/wp-content\/uploads\/2021\/05\/Career-in-Banking-768x432.jpg 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/>Career in Banking:<\/strong> Banking is now a niche career for those interested in commerce and accounting. For beginners, <a href=\"https:\/\/www.kopykitab.com\/Bank-Exams\"><strong>bank exam<\/strong><\/a> is the first step toward understanding the global economy, discovering the challenges of the marketplace, and identifying themselves with a career that offers them tremendous opportunities both within and outside of the country. With new banks opening every year as a result of service privatisation, the industry has plenty of room for graduates in any field.\u00a0<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_47_1 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"ez-toc-toggle-icon-1\"><label for=\"item-69d917dfe8858\" aria-label=\"Table of Content\"><span style=\"display: flex;align-items: center;width: 35px;height: 30px;justify-content: center;direction:ltr;\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/label><input  type=\"checkbox\" id=\"item-69d917dfe8858\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-visibility-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.kopykitab.com\/blog\/career-in-banking\/#career-in-banking-important-points\" title=\"Career in Banking: Important Points\">Career in Banking: Important Points<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.kopykitab.com\/blog\/career-in-banking\/#list-of-careers-in-banking\" title=\"List of Careers in Banking\">List of Careers in Banking<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.kopykitab.com\/blog\/career-in-banking\/#career-in-banking-fundingscholarship\" title=\"Career in Banking: Funding\/Scholarship\">Career in Banking: Funding\/Scholarship<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.kopykitab.com\/blog\/career-in-banking\/#career-in-banking-job-prospects\" title=\"Career in Banking: Job Prospects\">Career in Banking: Job Prospects<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.kopykitab.com\/blog\/career-in-banking\/#career-in-banking-top-companies\" title=\"Career in Banking: Top Companies\">Career in Banking: Top Companies<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.kopykitab.com\/blog\/career-in-banking\/#faqs-on-career-in-banking\" title=\"FAQs on Career in Banking\">FAQs on Career in Banking<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.kopykitab.com\/blog\/career-in-banking\/#how-do-i-get-a-job-in-the-banking-industry\" title=\"How\u00a0do\u00a0I\u00a0get\u00a0a\u00a0job\u00a0in\u00a0the\u00a0banking\u00a0industry?\">How\u00a0do\u00a0I\u00a0get\u00a0a\u00a0job\u00a0in\u00a0the\u00a0banking\u00a0industry?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.kopykitab.com\/blog\/career-in-banking\/#is-a-degree-required-to-work-in-a-bank\" title=\"Is\u00a0a\u00a0degree\u00a0required\u00a0to\u00a0work\u00a0in\u00a0a\u00a0bank?\">Is\u00a0a\u00a0degree\u00a0required\u00a0to\u00a0work\u00a0in\u00a0a\u00a0bank?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.kopykitab.com\/blog\/career-in-banking\/#are-there-and-certificate-courses-in-banking\" title=\"Are there and certificate courses in banking?\">Are there and certificate courses in banking?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.kopykitab.com\/blog\/career-in-banking\/#how-much-does-a-banking-degree-cost\" title=\"How much does a banking degree cost?\">How much does a banking degree cost?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 id=\"Step-by-Step\"><span class=\"ez-toc-section\" id=\"career-in-banking-important-points\"><\/span>Career in Banking: Important Points<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A good grade point average in Class XII is required for admission to a bachelor&#8217;s program\u00a0in banking. If you are a <a href=\"https:\/\/www.cbse.gov.in\/\" target=\"_blank\" rel=\"noopener\"><strong>CBSE<\/strong><\/a> Board student, you will need at least an 80 percent overall to be admitted to a good college.<\/p>\n<ul>\n<li>Furthermore, good communication skills, aptitude for banking, sales, marketing, and money matters are expected from students in order to pass the interview.<\/li>\n<li>If you are a stock market enthusiast who enjoys trading stocks, mutual funds, and hedge funds and understands the benefits and drawbacks of personal loans and insurance policies, it will only help your career prospects.<\/li>\n<li>Banking programmes offered by various government and private organisations aim to provide students with concepts, tools, and techniques related to the banking industry.<\/li>\n<\/ul>\n<p>For example, the bachelor&#8217;s degree programme in Banking and Insurance, in general, offers specialisation in the following areas:<\/p>\n<p>\u2022\u00a0\u00a0\u00a0 Micro Economics<br \/>\u2022\u00a0\u00a0\u00a0 Effective Banking Communication<br \/>\u2022\u00a0\u00a0\u00a0 Quantitative Techniques in Banking<br \/>\u2022\u00a0\u00a0\u00a0 Organizational behaviour in Banking organizations<br \/>\u2022\u00a0\u00a0\u00a0 Taxation of Financial Services<br \/>\u2022\u00a0\u00a0\u00a0 Laws relating to Banking &amp; Insurance<br \/>\u2022\u00a0\u00a0\u00a0 Cost Accounting of B&amp;I Services<br \/>\u2022\u00a0\u00a0\u00a0 Equity Debt<br \/>\u2022\u00a0\u00a0\u00a0 Corporate Laws governing Capital Markets<br \/>\u2022\u00a0\u00a0\u00a0 International Business Management in Banking Organizations<br \/>\u2022\u00a0\u00a0\u00a0 HRM in Banking Organizations<br \/>\u2022\u00a0\u00a0\u00a0 Strategic Planning in Banking organizations<\/p>\n<h2 id=\"h-list-of-careers-in-banking\"><span class=\"ez-toc-section\" id=\"list-of-careers-in-banking\"><\/span><span id=\"list-of-careers-in-banking\">List of Careers in Banking<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Banking, whether in the public or private sector, provides numerous rewarding and lucrative career opportunities. Let&#8217;s take a look at the top ten most popular banking jobs and careers:<\/p>\n<figure class=\"wp-block-table\">\n<table class=\"has-fixed-layout\">\n<tbody>\n<tr>\n<td>Career in Banking<\/td>\n<td>Salary<\/td>\n<\/tr>\n<tr>\n<td>Bank Manager<\/td>\n<td>7 Lakhs p.a.<\/td>\n<\/tr>\n<tr>\n<td>Financial Accountant<\/td>\n<td>4 Lakhs p.a.<\/td>\n<\/tr>\n<tr>\n<td>Financial Risk Manager<\/td>\n<td>11 Lakhs p.a.<\/td>\n<\/tr>\n<tr>\n<td>Certified Public Accountant (CPA)<\/td>\n<td>7 Lakhs p.a.<\/td>\n<\/tr>\n<tr>\n<td>Investment Banker<\/td>\n<td>10 Lakhs p.a.<\/td>\n<\/tr>\n<tr>\n<td>Equity Analyst<\/td>\n<td>4 Lakhs p.a.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<h2 id=\"Step-by-Step\"><span class=\"ez-toc-section\" id=\"career-in-banking-fundingscholarship\"><\/span>Career in Banking: Funding\/Scholarship<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>There are several options for financing your career in banking. You can apply for educational loans through banks, or if you are a working professional with an organisation that offers study programmes to employees, your company may fund your studies and allow you to repay after a few years.<\/p>\n<h2 id=\"Step-by-Step\"><span class=\"ez-toc-section\" id=\"career-in-banking-job-prospects\"><\/span>Career in Banking: Job Prospects<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In India, job opportunities for graduates and postgraduates in banking are plentiful. After completing a selective professional banking course, you will be offered a position as a banking sales officer with one of the private banks. Of course, your technical knowledge and basic communication skills are important in this process.<\/p>\n<p>Furthermore, positions in insurance, personal loans, mortgages, collections, and back office operations are always available, allowing even average students to take advantage of the opportunities.<\/p>\n<h2 id=\"Step-by-Step\"><span class=\"ez-toc-section\" id=\"career-in-banking-top-companies\"><\/span>Career in Banking: Top Companies<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>You can expect placements with various companies if you graduate from a college with a banking degree or diploma.<\/p>\n<p>If you graduated from a tier-1 college, such as the IIMs, you can expect to be hired for a high salary by banks in other countries, such as JP Morgan Chase and Fidelity.<\/p>\n<p>Furthermore, as is obvious, top banks such as Barclay&#8217;s, Royal Bank of Scotland, American Express, Standard Chartered, and other financial institutions require hundreds of banking professionals each year and are more than willing to hire them for significantly higher salaries.<\/p>\n<p><span style=\"font-weight: 400;\">We have covered the detailed guide on Career in Banking. Feel free to ask any questions related to Career in Banking<\/span><span style=\"font-weight: 400;\">\u00a0in the comment section below.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"faqs-on-career-in-banking\"><\/span>FAQs on <strong>Career in Banking<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Candidates can find the most frequently asked questions related to <span style=\"font-weight: 400;\">Career in Banking here.<\/span><\/p>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1637657415827\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"how-do-i-get-a-job-in-the-banking-industry\"><\/span>How\u00a0do\u00a0I\u00a0get\u00a0a\u00a0job\u00a0in\u00a0the\u00a0banking\u00a0industry?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Banking\u00a0is\u00a0one\u00a0of\u00a0the\u00a0most\u00a0popular\u00a0segments\u00a0in\u00a0terms\u00a0of\u00a0career\u00a0opportunities.\u00a0To\u00a0begin\u00a0a\u00a0career\u00a0in\u00a0banking,\u00a0one\u00a0must\u00a0first\u00a0obtain\u00a0a\u00a0graduation\u00a0degree\u00a0from\u00a0a\u00a0reputable\u00a0university,\u00a0after\u00a0which\u00a0the\u00a0individual\u00a0must\u00a0begin\u00a0working\u00a0in\u00a0any\u00a0of\u00a0the\u00a0various\u00a0areas\u00a0such\u00a0as\u00a0Tellers,\u00a0Loan\u00a0Officers,\u00a0Investment\u00a0Officers,\u00a0auditors,\u00a0and\u00a0so\u00a0on.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1637657593069\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"is-a-degree-required-to-work-in-a-bank\"><\/span>Is\u00a0a\u00a0degree\u00a0required\u00a0to\u00a0work\u00a0in\u00a0a\u00a0bank?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>There\u00a0are\u00a0numerous\u00a0lucrative\u00a0jobs\u00a0in\u00a0banking\u00a0that\u00a0pay\u00a0well\u00a0and\u00a0provide\u00a0job\u00a0security,\u00a0but\u00a0preparing\u00a0for\u00a0a\u00a0career\u00a0in\u00a0banking\u00a0typically\u00a0entails\u00a0earning\u00a0a\u00a0degree\u00a0in\u00a0Finance\/Economics\/Banking\/Commerce\u00a0and\u00a0passing\u00a0bank\u00a0exams.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1637657634167\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"are-there-and-certificate-courses-in-banking\"><\/span>Are there and certificate courses in banking?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes. There are certificate courses in banking.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1637657724216\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"how-much-does-a-banking-degree-cost\"><\/span>How much does a banking degree cost?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>The cost of a banking bachelor&#8217;s degree ranges from Rs 10,000 to Rs 100,000, depending on the college. Diploma programmes at private institutions such as NIIT (National Institute of Information Technology) cost between Rs 1 and 2 lakhs.\u00a0Depending on the college, you can expect to pay anywhere between Rs 50,000 and Rs 7,00,000 for a postgraduate diploma or master&#8217;s degree.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Career in Banking: Banking is now a niche career for those interested in commerce and accounting. For beginners, bank exam is the first step toward understanding the global economy, discovering the challenges of the marketplace, and identifying themselves with a career that offers them tremendous opportunities both within and outside of the country. With new &#8230; <a title=\"Career &amp; Job Opportunities in Banking Sector\" class=\"read-more\" href=\"https:\/\/www.kopykitab.com\/blog\/career-in-banking\/\" aria-label=\"More on Career &amp; Job Opportunities in Banking Sector\">Read more<\/a><\/p>\n","protected":false},"author":248,"featured_media":152785,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":""},"categories":[1],"tags":[77868,77869],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/posts\/152005"}],"collection":[{"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/users\/248"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/comments?post=152005"}],"version-history":[{"count":5,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/posts\/152005\/revisions"}],"predecessor-version":[{"id":153426,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/posts\/152005\/revisions\/153426"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/media\/152785"}],"wp:attachment":[{"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/media?parent=152005"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/categories?post=152005"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/tags?post=152005"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}