There are various jobs in the Banking and Financial services industry that offer high salaries and challenging opportunities.  Do you have the right skill sets to get into those careers, which give great opportunity to learn and take on a big challenge with a fat pay package?

The most frequently asked question is, as a fresher, how to grab such an opportunity and prepare me to fit into those requirements in the banking sector.

Most of the time aspirants always feel that preparing for a career in Banking generally means, getting graduated with a degree in Finance/Economics/Banking/Commerce and cracking bank entrance exams.

But the truth is, the bank entrance exam conducted by IBPS (Indian banking and personal selection) is mandatory only for Government /Public sector banks.  Actually, there are plenty of opportunities available in Private Banks, Insurance companies, etc.

Let’s understand the skill set required for freshers to get into the private banking industry.  Banks don’t restrict non-commerce students to get into the banking industry.

Banks normally expect basic graduation with good analytical and communication skills. Let’s list out the requirement and understand how to build the same.

• Any undergraduate degree with minimum 60% marks
• Should have certifications or diplomas in banking and finance.
• Should have a minimum of one or two stock market certifications issued by NISM
• Should have a basic understanding of excel functionalities which is useful for analysis.
• Should possess a high level of Analytical skills.
• Ability to handle problems and adapt to environments.
• Should love numbers and calculations.
• Should have patience and the ability to respond to customer issues.

Job aspirants should understand that the skill sets mentioned above were not taught in colleges except in the prescribed course and degree.  So, the aspirants need to equip themselves to fit into the requirement of Indian private and MNC banks after or during graduation.

Here are a few steps, the aspirants can initiate to enter the challenging banking sector.

Prepare and Qualify for NISM certification while doing the Degree.

Prepare and Qualify Diploma in Banking and finance in IIBF while doing the degree or after graduation.

Build your soft skills.

To have more understanding and detailed discussion about the opportunities, please contact Ms.Sundari who is a renowned academic counsellor for support Mobile No. 98845 65013.

If you are interested in clearing Bank exams to join Government Banks, you can contact Nesto Institute, a premier Bank coaching institute in Chennai that helps students crack these competitive exams.

Author: V. Hariharan – Finance Professional and Research Scholar.