Career In Banking Section : If you are willing to build your career in the section of commerce and accounts then Banking is the right domain for you. The challenge is huge in this field as you need to know the global economy as well as the right palm of your hand and you need to understand the modern phase of financial industry.
With new bank companies the chances of becoming a part of this field are going higher to the interested candidates. Almost every big business houses are trying to make their entry into the area of banking and hence they need efficient, young and well trained banking professional who can make their projects a grand success. As a banking professional you can start your career very easily.
• Qualification: If you are a student of BCom with good communication skill and mentality of doing hard work in marketing, then you can get the position of sales executive of loans, mortgages and insurance section of any leading banks. If you obtain MBA in finance then obviously your designation and salary will be higher. You can join the field even if you are form different streams like science or humanities.
• Cost for the Course: The bachelor’s degree in banking can cost something arround Rs 10,000 to Rs 100,000 depending on the college you select. Private institutions such as NIIT provide diploma programs that cost between Rs 1 and 2 lakhs. For the higher study like post graduate diploma or master’s degree in this subject, Rs 50,000 to Rs 7, 00,000 can be charged.
• Job and Salary: As there are lots of private banks in India so after you complete relevant professional courses in banking you don’t need to wait for a job. The position may vary but the job prospect is huge here. A fresher could expect something around 8,000 to Rs 20,000 depending on the bank. Numerous banking firms hire students from the IIMs, XLRI, FMS and other top colleges with the pay packages not less than Rs. 10 lakhs per annum.
• Negative Points: As the sector of banking and finance is very much fluctuating so anything can happen anytime and you have to make yourself prepare for that. At the same time getting another job in the same field is not so tough for the experienced banking professionals.
So if you are thinking of starting your career in the area of banking then it is better to do it early.