Finance and Banking is an important topics in a country. All the legal funds are transacted through the banking system of a country. The money that is in the bank circulates through the economy generating more income with the help of the multiplier effect.
Therefore, banking becomes an unsurpassable feature for a nation. To be a part of the system, a candidate has to have superior intelligence with exceptional quantitative aptitude. The banking personnel in a country, thus, make an unsurpassable part of a nation’s workforce. To make a career in finance and banking, you can choose to pursue Post Graduation in Banking and Finance.
A graduate or post-graduate from the discipline of Banking and Finance can take up a job in monetary institutions as well as diverse banks. Although there are many jobs in the industry, the question is how you can make a part of this industry? A job in a bank offers great security and amazing pay-offs. However, the job is not suitable for every candidate.
The statement is not to undermine you, but to inform you that you should pursue a career as per your interests. The banking profile is suitable for those people who either enjoy or manage to judiciously perform computing and quantitative methods. A PG Diploma in Banking and Finance is adequate for the people who are willing to make a career in the realm. Here are the reason why should choose banking as your career.
Large Number of Banking Jobs Available
When you finish your studies in the subject, you will see that there is a large number of banking jobs available in the field. Although, to apply for a government banking job you do not need a specified degree. A baccalaureate in Arts, Commerce, or Science can apply to the banking jobs. You have to pass two sets of exams including preliminary and mains rounds. Even the students who have pursued a specialization in a different subject can apply for a banking exam. It is understood from this regulation that banking does not, certainly, have to be pursued by the students of mathematics or commerce. Along with that, you are open to work in a variety of public as well as private banks.
Highly Advantageous Remunerations
The pay-offs are, certainly, beneficial for a banking employee. The banks receive medical benefits, paid leaves, maternity leaves, pensions, and concessions on loan rates. Thus, the remunerations are extremely positive for the baking personnel. A finance employee earns a great salary along with all that is mentioned above. Thus, when you choose a career in banking or financial expert then you can expect a dignified quality of life for yourself. If you feel that the job of a banking and finance professional is exciting then you can apply for a degree of Post Graduation in Banking and Finance.
The scope of promotion is extremely high in the banking sector. From a probationary officer, you can reach the rank of a General Manager. However, in a banking job, these promotions take time. It may take a period of fifteen years to get a promotion to a General Manager. Therefore, there is progress as well as advancement in the career.
Transfers to Foreign Locations
The banking professionals receive the chance of getting a posting in a foreign location more than often. With such opportunities, you can earn a great lifestyle for yourself as well as your family. The employees that reach foreign locations receive great remunerative benefits for their families. You get a hike in income as well when your bank will send you abroad.
Thus, you can earn a PG Diploma in Banking and Finance for giving start to your career. The job is suitable for candidates who have a bend of mind toward the banking mechanism. A plus point of getting a job in a public bank is that you get an extension of five years for preparing for more government jobs.