Banking Job Opportunity.
Employment issues in our country are the biggest and the scariest problems of our society currently. It is not easy to find an apt job even with the most qualified degrees. In a country of such a huge population, it becomes all the more difficult to feed the hungry mouths without a well-paid job. Finding jobs is a Herculean task and a lot of raw talent of the country is wasted just because of lack of opportunities.
Banking jobs: A bright career opportunity
Among other career options, Banking Jobs Opportunity have grabbed the eyeballs of the students the most. It is one of the most sought after careers among the students of almost all the streams. It is a dream come true job with high paid salary, secure future and a high status. In contrast to the prior views that banking jobs are primarily for the students from commerce and economic background, more and more students from the other streams as well are making their careers in the banking sector.
Though the multinational banks look forward to hiring the management graduates from premier Indian management institutes, still the bright students from any graduate college are able to find vast opportunities in the banking sector.
Though the multinational banks look forward to hiring the management graduates from premier Indian management institutes, still the bright students from any graduate college are able to find vast opportunities in the banking sector.
The banking sector deals with lot more than handling cash. The entry of financial institutions like mutual funds, loans, credit cards and even gold trading has broadened the opportunities in banking. The banks deal with foreign customers and dealings as well, so students with efficient communication skills find a brilliant position in banking sector. Alert nature, good interpersonal skills, ability to deal with customers and knowledge of the industry are the traits most sought after in this sector. Apart from that, higher posts also look for specialization in certain fields like project analysis, foreign exchange, loans etc.
The banking job offers pay package from rs.6000-8000 a month to high salary packages of rs.30000-35000 a month. The entire banking sector is divided into three categories:
1. Public Sector Banks
2. Private Sector Banks
3. Foreign/Multinational Banks
There are several opportunities of jobs in banking sector at various levels. The most basic level is the Clerical Jobs, with minimum qualification of 12th standard. They handle the general banking, account handling etc.
The next level is the Probationary Officers (PO), which assist managers in various activities. Candidates with any degree can apply for this job.
Then there are Specialist Officers, which are recruited from areas of specialized degrees like engineering, markets, logistics etc.
Agriculture Officers are recruited in Public Sector Banks to look after the loans being lent to farmers in rural areas and verify and assess their data and activities. Candidates with specialization in agriculture/horticulture and veterinary science are preferred.
The top most level is the Managerial Level which is filled through promotions or experience.
The banking sector conducts various exams for recruitments including the Clerical Exam, which have a written test and a personal interview and the PO exams, which have a written test in two stages- an objective test and a descriptive test, and then the group discussion and personal interview in the final round. Apart from these tests, basic English, aptitude, marketing skills, computer awareness and reasoning skills also play an important role in selection.
The information about the vacancies and openings is available over the internet. Apart from this various private sector banks also conduct their Individual examination whose information is available on the internet.
Thus, banking sector is a bright and well-paid job opportunity with a secure future. It is clearly one of the most emerging industries currently for bright and innovative young minds.
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