Vivek Singh

Can I join Banking Sector after Mechanical Engineering?


by Vivek Singh
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RE: Can I join Banking Sector after Mechanical Engineering?

Jalil  Ms
Jalil Ms
Verified Career Expert
Founder Director and Chief career mentor at Career Guru
  • Calicut

Hi Vivek,

Yes, you can join Banking Sector after doing degree in mechanical engineering course which is a bachelor degree course but there is no functioning of your engineering knowledge in the banking sector jobs it just reflects you as a graduate person. In this case you have two options in thesame sector one is bank clerk and another is bank probationary officer for which you will have to go through theirrespective entrance exams .

The eligibility criteria for the entrance exam are:

  • The age for clerk post must lie between 20 years to 28 years where as for the PO post it must be within 21 years to 30 years.
  • You must be an Indian resident.
  • You must have a bachelor degree within any discipline from a recognized university.

These days bit of computer knowledge are also required as to work in the banking sector.

The most popular entrance exams in banking sector are SBI examinations and IBPS examinations which are held in order to recruitment recruit the candidates for SBI and other 29 nationalized banks of India respectively.

For notifications about the upcoming examinations you must visit the official websites of respective examinations. for more information you can visitCareerguide.com .

Can I join Banking Sector after Mechanical Engineering?

Yes, you can join the banking sector after completing adegree in mechanical engineering. Many banks recruit individuals from a diverse range of academic backgrounds and look for candidates with strong analytical, problem-solving and interpersonal skills, among other qualities.
You can start by applying for entry-level positions in banks and work your way up through the organization. Additionally, obtaining relevant certifications or acquiring skills in areas such as finance, data analysis, and risk management can enhance your chances of getting hired in the banking sector.

Why banking after engineering

As a mechanical engineer, you may beconsidering alternative career paths after completing your degree. Joining the banking sector is one option that you could consider, and with the right skills, qualifications, and experience, it can be a fulfilling and lucrative choice.

Banks recruit employees from a variety of academic backgrounds, and what is most important to them is finding individuals who have the relevant skills and qualities to succeed in the role.
Many of the key skills that are sought after in the banking sector, such as analytical thinking, problem-solving, and strong communication and interpersonal skills, are also commonly developed in amechanical engineering degree program.Why banking after engineering.

To join the banking sector as a mechanical engineer, it is recommended that you start by researching the different career opportunities available.
This could include entry-level positions, such as a bank teller, customer service representative, or loan officer, or more specialized roles, such as arisk management analyst or investment banker.

Once you have a better understanding of the different opportunities available, you can start to tailor your resume and application materials to highlight your relevant skills and qualifications.
This might include mentioning any relevant coursework or projects that you completed during your degree program, as well as any experience you have had working with financial data or in a customer service role.

In addition to your academic background, obtaining relevant certifications or acquiring skills in areas such as finance, data analysis, and risk management can also be beneficial in securing a role in the banking sector.
Many banks offer in-house training programs or encourage their employees to pursue continuing education opportunities, so this is a good opportunity for you to further develop your skills and knowledge in this field.Why banking after engineering.

Finally, networking is also a key component of securing a role in the banking sector. Reach out to professionals in the industry, attend industry events, and participate in job fairs and other networking opportunities to make connections and learn more about the various roles available.Why banking after engineering.

In conclusion, as a mechanical engineer, you can certainlypursue a career in the banking sector . With the right skills, qualifications, and experience, you can work your way up through the organization and make a meaningful contribution to this exciting and dynamic industry.Why banking after engineering.

Banking Sector

The banking sector refers to the collection of financial institutions, such as commercial banks, investment banks, and savings and loans associations, that offer a range of financial services to individuals, businesses, and governments.
These services include accepting deposits, providing loans and credit, issuing debit and credit cards, foreign currency exchange, wealth management, and insurance services.
The banking sector plays a critical role in the economy by providing access to capital, enabling investment, and facilitating the flow of money between different entities.Why banking after engineering.

The banking sector has undergone significant changes in recent years, with the introduction of new technologies, such as mobile banking and blockchain, leading to an increased focus on digitalization and automation.
This has led to increased competition and pressure on banks to improve their services, reduce costs, and increase efficiency. In addition, increased regulatory scrutiny has also led to increased emphasis on risk management and compliance, making the banking sector an ever-changing and dynamic industry to work in.Why banking after engineering.

Banking Sector exams

There are several exams that you can take to start acareer in the banking sector . These exams typically assess yourknowledge and skills in areas such as banking and finance, economics, and mathematics, among others. Here are some of the most common exams:

IBPS PO (Institute of Banking Personnel Selection Probationary Officer) : This exam is conducted annually by the Institute of Banking Personnel Selection (IBPS) and is a key recruitment process for various public sector banks in India.

SBI PO (State Bank of India Probationary Officer): The SBI PO exam is conducted by the State Bank of India and is a popular choice for those looking to start a career in the banking sector.

RBI Grade B (Reserve Bank of India Grade B Officer) : This exam is conducted by the Reserve Bank of India and is a key recruitment process for officers in the bank.

NABARD Development Assistant: This exam is conducted by the National Bank for Agriculture and Rural Development (NABARD) and is a popular choice for those looking to work in the rural banking sector.

LIC AAO (Life Insurance Corporation of India Administrative Officer): This exam is conducted by the Life Insurance Corporation of India and is a popular choice for those looking to start a career in the insurance sector.

It's important to note that the eligibility criteria, exam pattern, and selection process for these exams can vary, so it's important to research each exam thoroughly and ensure that you meet the requirements before applying.

In addition, obtaining relevant certifications or experience in the banking sector can also enhance your chances of getting hired Why banking after engineering.

mechanical engineering

Mechanical Engineering is a branch of engineering that deals with the design, construction, and use of machines.
It is a broad field that encompasses a wide range of sub-disciplines, including thermodynamics, fluid mechanics, materials science, mechanics, and energy systems.

Mechanical engineers use their knowledge of these subjects to design, develop, and test a variety of mechanical and thermal devices and systems, such as engines, machines, and power plants.
They also use computer-aided design (CAD) software to create and analyze prototypes and models Why banking after engineering.

Mechanical engineers can work in a variety of industries, including automotive, aerospace, energy, manufacturing, and healthcare, among others.
They may work on projects ranging from the development of new technologies to the improvement of existing systems and processes.

To become a mechanical engineer, one must typically complete a bachelor's degree in mechanical engineering or a related field, followed by several years of experience in the industry.
Some mechanical engineers also choose to pursue advanced degrees, such as a master's or PhD, to gain specialized knowledge in a specific area of mechanical engineering Why banking after engineering.

Mechanical engineering is a challenging but rewarding field that offers a wide range of career opportunities for individuals with strong technical and problem-solving skills.
It is a dynamic and constantly evolving field, with new technologies and advancements emerging all the time, making it an exciting and dynamic area to work in Why banking after engineering.

mechanical engineering scope

The scope of mechanical engineering is vast and covers a range of industries and applications wide . Here are some of the areas where mechanical engineers play a critical role:

Automotive Industry: Mechanical engineers are involved in the design, development, and testing of cars, trucks, and other vehicles. They work on projects such as improving fuel efficiency, reducing emissions, and enhancing vehicle performance Why banking after engineering.

Aerospace Industry: In this industry, mechanical engineers work on the design and development of aircraft, spacecraft, and missiles. They also work on projects related to the improvement of flight safety and the reduction of weight and fuel consumption.

Energy Industry: Mechanical engineers play a critical role in the design, development, and maintenance of energy systems, such as power plants, wind turbines, and hydroelectric dams.

Manufacturing Industry: Mechanical engineers are involved in the design, development, and implementation of manufacturing processes and systems. They work on projects aimed at improving efficiency, reducing costs, and increasing productivity Why banking after engineering.

Healthcare Industry: In this industry, mechanical engineers work on the design and development of medical devices and equipment, such as artificial limbs, diagnostic equipment, and surgical instruments.

Consumer Goods Industry: Mechanical engineers play a critical role in the design and development of consumer goods, such as home appliances, electronics, and toys.

Robotics and Automation: Mechanical engineers are involved in the design, development, and implementation of robotic systems and automation technologies, which are increasingly being used in industries such as manufacturing, agriculture, and healthcare.

These are just a few examples of thewide range of industries and applications where mechanical engineers play a critical role. The field of mechanical engineering is constantly evolving, and new opportunities are emerging all the time, making it a dynamic and exciting area to work in Why banking after engineering.

RE: Can I join Banking Sector after Mechanical Engineering?

Dr. Anand Wadadekar, PhD
Dr. Anand Wadadekar, PhD

Dear Aspirant,

I would sincerely request you to PLEASE RE CONSIDER and RE THINK on your decision to opt for Banking sector jobs.

Being a Mechanical Engineer, what made you think and decide for Banking sector as a career? This is surprising as well as odd.

AS said by the other expert, you will be a graduate for the banks and Mechanical Engineering is of no use for them.

I believe and have the knowledge that Mechanical Engineering is a fantastic stream and there are good jobs available for Mechanical Engineers in manufacturing, industrial IT, etc.

Is it that you became an Engineer just for somebody's sake or out of compulsion of your parents or relatives? What made you decide that Banking is the sector you can do well where you have not studied banking at all before?

If you can give me a call it would benefit you.

Best wishes

 

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Caching Date: 4/25/2024 2:47:03 AM