Banking is the business of safeguarding other people's money. Banks lend this money, earning interest and profit for themselves and their customers.
Table of Contents -
Who is a Banker?
A banker is a person who does banking tasks such as taking deposits, making loans, withdrawing funds, and exchanging money.
What are the different career/profession/job options available in Banking?
Personal Financial Adviser
What is the scope of Banking in India?
The banking sector is the backbone of the Indian economy. It offers a wide range of job options to students from many disciplines, including science, commerce, and humanities. It is one of the most rewarding jobs, particularly for those seeking employment in the government sector.
Types of Bankers
Foreign Exchange Trader
How many years will be required to study Banking as well as basic qualification requirements?
Banking is a 3 year course with a basic qualification of a bachelor's degree in commerce or a management-related specialisation.
What are the top universities in India to study Banking?
DYPUSM Mumbai - School of Management Dr DY Patil University
HITS Chennai - Hindustan Institute of Technology and Science
BK School of Business Management, Gujarat University, Ahmedabad
IPE Hyderabad - Institute of Public Enterprise
AMU Aligarh - Aligarh Muslim University
What are the top universities abroad to study Banking?
Harvard University, the US
Massachusetts Institute of Technology (MIT), the US
Stanford University, the US
The London School of Economics and Political Science (LSE), the UK
University of Oxford, the UK
University of Cambridge, the UK
What are the entrance exams for Banking?
The following in the list are the top bank exams in india:
IBPS PO (CWE PO/MT)
IBPS SO (CWE SO)
IBPS Clerk (CWE Clerical)
IBPS RRB (CWE RRB)
RBI Officer Grade B
What skills are required to be a Banker?
Customer Service Skills
Attention to Detail
Good with numbers
Which type of personality is best for a Banker?
What are the pros & cons of working in Banking?
Positions are easy to find
Working hours are reasonable
Can gain valuable work experience
Pays above minimum wage
Can be a victim of a con artist
Job can be stressful at times
There may be long periods of nothing to do