A career in Banking is well paying, stable and is full of opportunities. The banking industry is no longer dominated by the public sector -there are more international players in the fray. Banks today are at the helm of making turnkey investments in the economy and act as lead managers for public issues of shares and debentures. It also has become more hi-tech and top banks are seeking professionals-management graduates, chartered accountants and chartered financial analysts to keep abreast with change.
A degree in banking and finance aims to provide students with an understanding of the ways in which financial intermediaries and institutions operate and the structure and functioning of financial markets. To be able to carve out a career in banking, candidates need good mathematical ability, logical reasoning skills and general knowledge. While recruitment for the public sector banks takes place through the banking service recruitment boards on the basis of a written test, in the private sector, employment is direct.
It is estimated that banks and foreign investors in India will be investing more than Rs.5000 crore every year in technology and around 15% of this outlay will go into security infrastructure and solutions. A typical bank in India be it in the public or private sector with 800-1000 branches and 20 zonal/regional offices would employ around 12,000-16,000 people with 30% being officers.
Banks and financial institutions are already recruiting in a big ways and this trend will continue in future also.
Institute for Development and Research in Banking Technology, Hyderabad, executive programmes in banking technology.
National Institute of Bank Management, Pune PGP in banking and finance.
The Indian Institute of Banking & Finance, Mumbai certificate courses
Maharaja Sayajirao University of Baroda, PG in banking and business finance,PG diploma in banking ,PG diploma in financial management