Dillip kumar Nayak

What step should be taken to get entry in the banking sector

Want To know more about it . The procedure how I can prepare my self .What is career growth on this sector . Initially what steps I need to do .

by Dillip kumar Nayak
2 answers
| Share :

2 answers

RE: What step should be taken to get entry in the banking sector

Vaibhav Bhutra
Vaibhav Bhutra
Verified Career Expert
Career Counselor/ Director at Educomp Vidyamandir Classes
  • Surat


Hi Friend,

Greetings of the day!!!

Thanks for approaching us at CareerGuide.com!!!

Banking is one of the most dynamic sector and one of the most promising sector for getting job opportunities. Banking do provide lot of job options and thus it has lot of entry level options


Most of the PSU bank would have a process of selecting a entry level candidate by way of Bank PO. Bank PO Exams contains subjects like English, Reasoning, Quant Etc. Bank PO Exam Preparation are done by lot of institutes in metros and semi metros. There are certain guidelines as to minimum qualification and also age restriction to appear for Bank PO

For Private Sector Banks now conducts program which trains and individual and then places them in the various position of bank only, this banks have a bond during which one can not change the job since there is a cost associated in terms of training which bank provide

Another option is that you do your MBA from one of the good institute and then work your way towards getting in to a banking job the advantage would be that you would be able to get into the middle level job instead of entry level.


Banking sector also provide a good growth prospect since an individual can grow and reach to the senior level in the banking domain with consistent effort one can think of becoming regional head, general manager, branch manager, and subsequently moving up to CMD level.

But banking sector provide stability unlike stock market job there is only one concern which is that growth can be slow due to vertical structure in Hierarchy.

All the Best!!!


Vaibhav







RE: What step should be taken to get entry in the banking sector

Dr. Anand Wadadekar, PhD
Dr. Anand Wadadekar, PhD
Verified Career Expert
Founder & CEO: Discovering Careers India
  • pune

Dear Aspirant,

Thanks for approaching us at CareerGuide.com!!!

Banking is considered as the back bone of the economy. Therefore growth of this sector is tremendous and never ending.

You can enter into banking sector in two ways: Private banks or Public sector banks.

For entering into the private banks, you need to be MBA Finance or CFA or CA. These qualifications are most sought by private banks. Else after graduation in commerce/arts/science, you can join the courses which are sponsored by private banks and complete that course and get entry at the junior level.

For entering into public sector banks, you need to apply for IBPS or PO exams, when the vacancies are announced.

I would recommend you coaching classes for IBPS or PO exams since they are competitive and its better to be well prepared, aware and do lot of practice to crack the examinations.

Best wishes,

Dr. Anand Wadadekar

In order to post replies to the question: "What step should be taken to get entry in the banking sector"

Post Reply

Latest ANSWERS

i wanted to be a pilot but because of lack of money i couldnt be pilot,now im thinking for enggineering but i aint sure aboutand dont wanna be anythng or any goals setup apart from pilot,im scared what do i do in this situation?

Dear Aspirant, Pilot or Aeronautical Engineering courses are definitely costly courses due to the training involved in it. However, you take a loan fr .. read more

how to make career in IPR sector

Dear Aspirant, Intellectual Property Rights (IPR) is an excellent career option in the field of law. There is specialisation available in law courses .. read more

Mam i am 26 year old and doing diploma cse next year i will complete my diploma in may 2017 then i what could i do after completing my diploma, go for btech or job please tell me the right choice for career my email is snabiul@yahoo.com

Dear Aspirant, You are 26 years old already? Didnt you study anything till now? What were you doing till now after 10th std? You seem to have lost val .. read more

What are the opportunities available after passing B.Com?

Since you have completed your graduation in Commerce, I am assuming that you are interested in the field of Accounting and Finance. Here is the list o .. read more
Most Popular

If I start as a Computer Engineer, where should I see myself after five years, given that I keep working in same field?

Hi Swarali, Good question! In 5 years time; if you are working for a large Computer organization; You are likely to end as one of the following; 1. Sp .. read more

Do 12th board marks have any importance in jee mains

Hello, Thanks for Asking...!!   The Union Ministry of Human Resource (HRD Ministry) has decided that Class XII marks will not be a factor for det .. read more

I want to become a Bio Technologist. What is the eligibility criteria for that?

To become a BIO Technologist, Take a science in a high school: You have successfully completion of 10+2 in science After you can opt the graduation co .. read more

What are the off-campus placement opportunities for a Electronics & Communication Engineer student?

being as an engineer there are lot off opportunities , first of all you make a point where you want to build your career 1. software testing 2. softwa .. read more