Banking today is one of the best careers for the people who want to make their career in the field of commerce.
For beginners it is very important to understand the global economy, understanding the challenges of the market both in the country and abroad.
New banks come every year and even there are many job offers that come on the way. If you are a student from b.com background then you can get placed as a sales executive for the loans, mortgages and also the insurance with any one of the leading banks.
All one need to do is have good communication skills hence if you have the MBA degree i.e. MBA in finance then you can expect to get placed as the relationship manager. Based on the positions the salary packages are decided.
If one wants to take admission in the bachelor program in banking them one has to get good percentage in class 12th and if you are a student from CBSE board then you would require 80% overall to get admitted to the good college.
Apart from this one should also have good communication skills, aptitude skills for banking, sales, marketing and should be good in money marketing.
Should also have little knowledge about the trading in stocks, mutual funds, hedge funds and also need to understand the pros and cons of the personal loans the insurance policies etc.
Once you start preparing for the CAT entrance exam then definitely you will clear the entrance test and also will get admissions in top b-schools which will help you to make career in banking.
There are many banking programs that are introduced by the various government and the private organizations.
The bachelor degree program in banking and Insurance offers the specializations in the following areas
1. Environment and the Management of financial services.
2. Micro economics.
3. Efffective banking communication
4. The quantitative techniques in banking
5. Strategic planning in banking organization.
6. International business management in banking organizations.
7. Cooperate laws governing capital markets and many more.
Students from humanities, commerce or science background can make career in banking. One should also be prepared for the banking entrance exams and know about the various interviews.
Candidates can make career in BPO, KPO, ICICI, HSBC, HDFC, standard chartered, the American express and many more.
The fee structure for the bachelor degree starts from Rs 10,000 to Rs 100,000 depending upon the college that you select. There are private institutions such as NIIT which offer the diploma programs and the fee structure for this is between Rs 1 and 2 lakhs.
There are various job offers for both graduates and the postgraduates in banking sector. One can get job in insurance companies, in management companies in IT as well.
The pay scale starts from Rs 8,000 to Rs 20,000 and increases as the experience increases.