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Banks are an indispensible faction of the any economy around the world. Banking jobs find themselves at the core of key financial activities that set the tone for economic growth and welfare. In India, though the employment rate is slow, it is steady nonetheless. With such a huge population getting onboard the financial bandwagon, it only makes sense as to why banks are evidently the leading employers across sectors.
As India stands to be a growing economy, there are several banks mushrooming all over the country at an increasing rate. The establishment of a branch requires staffing for effective functioning and that is where the good news is. For those keen on making it big in the financial sector, there happens to be a lot in store for you.
There are certain key players who are doing most of the recruiting in the market. These banks are heavy on hiring and pay their employees really well. Some of the top recruiters overall are:
According to statistical returns studied of scheduled commercial banks, it is known that Indian banks have grown to be “top-heavy organisations”. This stands as proof that banking is a growing sector in the country.
Further research in this manpower fuelling the banking in India showed that there were roughly 13.80 lakh bank employees and officers in the nation at the end of March 2018.
The banking industry stands to be diverse and elaborate. Finding a niche for you can often prove to be an overwhelming affair. However, there are certain distinct job opportunities that may garner your interest and align perfectly with your skill sets.
Some of the interesting prospects to explore for you can be Investment banking, where estimating market fluctuations becomes your playfield. There also are prospects like Corporate finance Officer, equity researcher, Project Finance Head, Commercial banker, credit analyst, wealth management head, Risk management to explore.
Some of the prime prospects that are in demand all across the country are financial accountant, financial analyst, business analyst (especially in the light of increasing number of start-ups all over the country), loan officers (essential capital providers for the start-up culture) and financial advisors.
These prospects stand worthy of your time and attention and if any of these prospects invoke your interests, then a prosperous financial career is just around the corner for you.
On a general note, banking requires you to have the following skills:
A degree in accounting or financing is essential to bag a job in the banking sector. The company that hires you will definitely look at your performance and your ability to deal with financial crisis situations, not to forget your overall experience in the financial sector.
All these factors contribute to a successful career in banking.
