Investment Banking Career Analysis Investment Banking Career Analysis A career in the securities industry can offer exciting work if you enjoy working in a competitive and demanding atmosphere. Investment bankers, stock brokers, and stock traders all make up the securities industry providing services to each other, as well as the general public. All of people involved in this field deal with stocks, bonds, and other financial material in some way or another, but they all have their own specific objectives and duties. The primary differences between the three are the services they provide and who they provide these services to.
However, to make a career in banking, you must be good at analysing numbers, that is, your mathematics must be strong enough to interpret and analyse numerical data.
You must be prepared for the Banking Entrance Exams and for the interviews that follow these entrance examinations.
Is it the Right Career for Me? Banking as a career provides opportunities to students from all subjects. For instance, if you are a BA student with excellent communication skills, you can actually get placed with a banking BPO as process executive. Thus, choosing banking as a career is a wise option for those interested in growing fast in their careers and those who wish to get exposure to world markets at an early stage itself.
What would it Cost Me? Several colleges such as IIPM, Amity, Birla Institute for Insurance provide laptops to students and take them on student trips to foreign companies abroad.
This, in addition, is the advantage of getting admission in a private institution. You may approach banks for educational loans or if you are a working professional with an organization that offers study programs to employees, your company may fund your studies and allow you to repay after a few years.
Job Prospects Job opportunities for graduates and post-graduates in banking are excellent in India. Once you complete a selective professional course in banking, you will immediately be offered a position as a banking sales officer with the private banks.
Of course, your technical skills and basic communication skills do matter in the process. Besides, positions in insurance, personal loans, mortgages, collections and back office operations are always vacant and offer all bright to average students to avail the opportunities presented.
Pay Packet The pay scales for banking student who is a fresher could vary anywhere from Rs 8, to Rs 20, to begin with.
Students who have post graduated from top b-schools and banking institutions can expect up to Rs 8 lakhs per annum for the role of relationship managers depending on their overall scores and the college they are from.
However, please be wary that the financial markets are ever fluctuating and may all of a sudden cause crashes in career. There is a constant need to keep yourself updated with latest trends in banking so you remain relevant in your job profile.
Demand and Supply Demand for banking process executives, collection officers and financial analysts with BPOs is the highest till date in India.
There is still a considerable dearth of graduates, post-graduates who have mastered cost accounting. Concepts such as Hedge Funds dominate the overseas markets.
If you are a graduate in banking or any other degree with an aptitude for it, just go for it. There is always demand for banking professionals. Market Watch During the recession ofthe demand for banking professionals drastically reduced.
Many top finance organizations went bankrupt and several others laid off thousands of employees in India.Visit to doctor essay manali personal skills essay genres traveling to space essay on dubai essay type of test examples essay city at night hook draft in essay greenbelt essay the future of english rabbits extended essay art judgement essay about art broken family clipart phrase for argumentative essay .
Essay About Banking Career essay about banking career Free Essays on Banking As a Career. Get help with your writing. 1 through 30Start preparing for a BANKING career along with PO Coaching A bank probationary officer is the starting level for class I officers in banking sector.
Start preparing for a BANKING career along with PO Coaching A bank probationary officer is the starting level for class I officers in banking sector. Investment Banking Career Analysis A career in the securities industry can offer exciting work if you enjoy working in a competitive and demanding atmosphere.
Investment bankers, stock brokers, and stock traders all make up the securities industry providing services to each other, as well as the general public.
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