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If you are applying to private banks and a fresher, then definitely the only thing you have to show about you is academic qualifications and other behavourial skills.
If you are applying to public sector banks, then basic eligibility and domain knowledge is what is important.
Hello Dear Aspirant,Welcome to CareerGuide.com!!!Thanks for approaching us and writing us your career query.
I hope you have been doing well.Its great to listen that you are thinking to make your career in the Banking Sector.
Banking is one of the great career option nowadays and the Indian Banking Industry has been undergoing with tremendous changes in the system as India has adopted the policy of Globalisation which has led to the expansion of the Banking Sector in other countries and within country and there has been also foreign banks expanding in India.While there has been also introduction of technology in the banking system and various other extra added services like Internet banking,Mobile banking etc.
All this has paved a way for the students of various streams a great career opportunities.
In order to make a career in a Banking Sector one have the two ways to make a career :- 1.After 12th one can apply for IBPS Clerk examinations. These are the examination conducted for the students who are interested to go for the clerical Posts while a student of any stream is eligible to apply for the exams.2.The other way is by applying IBPS PO officer exams- for this one needs to have completed their graduation degree from any stream with minimum 45%.
These exams are conducted for the Government Banking Sector and here you need to have a good score in the entrance exam there academics are not considered much.
If you are planning to make your career in Private Banking sector like HDFC,ICICI,Standard Chartered etc.than you need to have a good academic score in order to get selected in any of these banks.
NOTE:- IBPS do not conduct any exam for the Private Banks. Its the Body that conducts Bank exams for Government Banks only.
I hope you find this information relevant to your career query.
Feel free to get in touch again.
Wish you Good Luck
Warm Regards,Prathamesh K.
Thanks for writing to us!
The academic record does matter while looking for a job as bank officer. To work in public sector bank, you need to appear for competitive exams for recruitment. Minimum qualification required to appear in such exams is graduation with 45%.
For private sector banks, minimum qualification required is graduation with 55%, technical knowledge and skills. If you have poor academic records, most banks may offer marketing jobs where academic records don't matter.
Hope this answer is helpful
Best Wishes,Apurva Kumar Pandya, PhD
Founder - ReInventions (Professional Banker, Career & Image Coach
Reena Saxena comes with 25+ years experience in the BFSI sector. She has handled several portfolios in HR, Branch Banking, Business Development, Product Management and Channel Management.
She holds a MMS(Finance) from Symbiosis Institute of Business Management, Pune and additional certifications in Coaching, NABET-certified Training, Soft Skills Training from Scottish Qualifications Authority, UK, Instructional Design and Image Consultancy.
She has switched careers to being a Career & Image Coach, through her initiative ReInventions. http://reinventions.in
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