Scope of banking sector in India
Even as many people in the Indian subcontinent see banking as a monotonous routine, the employment opportunities are growing superfast. Last year, more than 60,000 candidates were recruited in the government sector banks alone, while the numbers are still counting.
Since both public and private sector banks are expanding and opening up their branches at lightning speed, the scope of banking sector in India looks wide.
Banks and financial institutions have a huge influence on the economy today. And hence, driving them through the right talent becomes imperative.
Why Banking is a Highly Considerable Career option?
There is a wide scope of banking sector in India since job in banks are backed by giant wealth, and the opportunities created around each vacancy incorporate a professional certificate, degree of training.
This sector has a great potential to bring an international exposure to candidates. It allows workers to learn deeply about the Indian and global economy. Besides acquiring a hands on experience, they get a chance to learn new skills which bring about an overall personality and career transformation.
The activities in banks are usually divided into 5 categories:
- Retail Banking
- Business
- Corporate
- Private
- Investment
Out of these, retail banking is booming at the largest pace. The most prospective career opportunities for retail banking aspirants include: Probationary Officer, Specialist IT Officer, Financial Assistant, Marketing Officer, Field Officer, Law Officer, Account Manager.
The Top Skills & Qualifications Needed In Banking
You need to be a graduate in science, commerce or humanities. On top of that, you must undergo a professional training at a premier institution. These certificate course help train you well before you land up into the job. They help you perform from day one.
The core and fundamental skills that you’d need for turning into a high-performing professional banker shall be:
- Customer Handling
- Patience and Active Listening
- Accounting Excellence
- Analytical and Interpersonal Communication Skills
How to Find Training in These Skills
There are a range of institutions in India that provide these trainings. However, you must make an assessment before you enroll into one. The institution must provide a highly comprehensive program and the bank training course must not be to too long in terms of the duration.
How to Get Started?
Banking sector, especially, in an emerging economy such as India, demands individuals to be excellent communication masters, sharp in terms of understanding customer complaints and proactive in assessing risks.
Since Banking is a purely B2C business model, managing relationships is an important driver for personal and institutional growth.
Rather than overwhelming yourself with a plenty of entrance exam lists or getting into the roots of the examination preparation, you should seek professional help and accelerate your knowhow and practice around the fundamentals of banking.
directly to learn more: info@ipbindia.com.
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.
