Employment in banking is predicted to increase 16 percent between 2005 and 2012. The combined effects of technology and population growth will continue to affect total employment growth and the mix of occupations in the banking industry.
Career Opportunities
Bank personnel are employed at 2 levels :
CLERICAL : Where the main tasks are to maintain the account books and the documents, and attend to customers at the counter.
MANAGERIAL : Which involves organizing controlling and supervising banking activities and holding overall charge of one or more departments or branches.
Typical activities for workers in specialized areas are :
Personnel - recruiting and training staff, planning career development of trainees, advising students about careers in banking;
Marketing - designing campaigns to promote new and existing services, researching customers' banking habits to find new opportunities for the bank;
Operations - processing transactions and loans, researching new technology or different working methods to increase the bank's efficiency;
Electronic Services - writing a new section on the bank's website, developing interactive digital TV banking services;
Card Services - authorizing and issuing cards, managing transactions;
Credit and Risk - analyzing loans and deciding whether to approve them.
The various Occupations in the Industry are :
Management, business, and financial occupations
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Securities, commodities, and financial services sales agents
Office and administrative support occupations
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Eligibility
International banks actively seek Indian graduates from a wide range of degree subjects. For specialist roles within a bank, graduates in the following disciplines may have an advantage:
A reasonable level of numeracy is important and, with the development of internet banking, an interest in the use of new technology can be useful. However, the most sought after characteristics by these overseas employers, are highly developed communication and people skills.
International banks actively seek Indian graduates from a wide range of degree subjects. For specialist roles within a bank, graduates in the following disciplines may have an advantage:
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