The banking arena is a huge sector that creates huge openings for newer candidates every working year. Youngsters, too, are tempted to join various posts in the banking sector due to the facilities that are provided by the banking sector both during the job period and even after that.
Banks recruit employees in various posts, and the criterion of educational qualification required varies from the different posts to posts.
What benefits getting jobs in the banks, apart from academic qualifications, are professional banking training that facilitates the educational qualification and adds to the qualification of the applicants trying to seek jobs in the banking sector, even to the freshers.
The professional banking training can be done at any reputed institute. However, it depends on the candidate that what kind of banking training he or she wants to take.
The candidates can choose to do the banking training as a regular course or as a diploma. They can also do it as an offline or an online course.
The time period required to complete banking training is usually a period of time ranging between nine months to one year.
Holding professional banking training adds to the résumé of the applying candidate and makes it easy for him or her to qualify for guaranteed job opportunities in the banking sector.
What does one expect to learn in professional banking training?
Different private banks have opened up professional banking training courses to facilitate and assist candidates for placements in a bank.
Banking training courses provide guidance and help in creating banking professionals. The arena of professional banking training is huge, and under its vast canopy lies a variety of subjects that are covered to produce genuine banking professionals dedicated to the services of the banks and the customers associated with the bank.
Subjects related to banking, such as commerce, Accounting, Financing, Risk Analysis, Relationship Management, are taught.
After the banking training period ends, the candidates are made to do an internship project with private banks to facilitate the candidates with the practical knowledge of banking and then are made to go into an agreement bond according to which the candidates are bound to work for a stipulated period of time with the bank itself.
Are there stipend facilities?
Since professional banking training are job oriented courses, a good amount of stipend is kept scheduled for the candidates during and after the banking training period and during the internship project.
A stipend of ₹5,000 per month is given to a trainee during the banking training. It can hike up to an amount of ₹9,000 per month during the internship.
The providence of the stipend is to enhance the enthusiasm of the candidates in learning professional banking training and putting it to correct use while the internship is on.
Among various available institute for Professional Banking Training, IPB stands out for giving a kick start to the candidates applying for professional banking training.
It not only trains and develops professional bankers suiting to private banks but also provides ample placement opportunities in the private banking sector.
IPB helps in the growth of the work power needed to mobilize the banking sector functioning in India.
Learn everything about banking training and about IPB here.
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Meet IPB – The Institute of Professional Banking
IPB is an institution that effectively bridges the gaps between individual talent and capabilities with the actual dynamic demands of the banking industry.
With over 100 experienced bankers as their faculty, and having acquired a 97% placement record in the last 5 years, above all,
IPB has proven to be one of India’s most trusted banking training institutions.