Career in Banking

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May 17, 2011

Career in Banking

Filed under: Career — admin @ 11:09 pm

Career in Banking

Building a strong and a long sustained career is the wish of every person. Every student aims for a flourishing career graph, which keeps on growing in the direction of development and advancement. The students always choose for a carer which is everlasting and whose corresponding job opportunities will always be in demand. Colleges in India, keeps on adding courses, in accordance to the new fields introduced or the developments made in the respective fields. The students tend to choose the courses according to their interest and the demands of the time. One field which has got hugely affected by the technological developments in both its functional and educational forms is banking.

Career in banking has always been considered as the most respected and the sophisticated career for the bright future of a student. Also, a student needs to be very sharp and intelligent to pursue a career in banking. There are a number of colleges and institutions for banking in India. Banking has also come up as a specialized career form, courses of which are provided in a number of institutions in India. There are different fields in banking, which a student can opt as a career form like Treasury and Forex Management, Merchant banking, etc. Few of the course, which a student needs to study while pursuing a course in banking are:

v     Operations Management

v     International Finance

v     Human resource management

v     Information technology

v     Micro and development finance

v     Strategic planning

These are the subjects, which a student needs to learn to make himself fit according to the industry standards. Planning, management, execution of plans, forms an important part of the banking courses. The students need to be vigilant and alert towards the major reformations happening around them. Human resource management also forms an important part of the banking course. Therefore, the student needs to have good communication and persuasive skills to be able to manage the customers and clients at work. The banking colleges in India train the students according to the required skills in the banking market, so that the students are able to adjust well in the work environment. Few of the colleges, which provide courses in banking, are:

v     Institute for Development and Research in Banking Technology, Hyderabad

v     National Institute Of Bank Management, Pune

v     Institute for Financial Management & Research, Chennai

v     The Indian Institute of Banking & Finance, Mumbai

v     University of Madras, Chennai

v     MBA in Banking and Finance from Indira Gandhi National Open University

v     Maharaja Sayajirao University of Baroda

v     The Aligarh Muslim University

v     Guru Ghasidas University, Bhilaspur

v     Maharishi Dayanand University, Rohtak

The career scope for the students of banking is very bright. There are many government banks, in which they can apply for jobs. The departments like Treasury and Forex, foreign exchange, merchant banking, have produced various job openings in different banks. The commencement of various private banks has also resulted in an increase in the number of banking jobs in the country. All these developments witness the growth for students aiming for career in banking. The execution of the internet in the banking services is also an important factor, which has lead to the evolution of the interest of students in the banking career. The banks in India have started adopting and practicing all the latest technological developments, which make the students take more interest in the courses of banking. The banking colleges in India, has their respective entrance exams, on the basis of which students are selected for the courses of their choice, after which if selected, they can pursue the course in banking. The career in banking is very challenging and student also needs to possess managerial qualities to build a good career in banking.

Gurleen Kaur writes on behalf of Shiksha is a portal that connects education seeker with education provider. Shiksha provides information about Accounting Courses and MBA college

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