Banking, Finance & Insurance

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New answer posted

8 years ago

0 Follower 113 Views

Shiksha Ask & Answer
Sunil SoniManagement & IT Consultant

Scholar-Level 18

BCA is a job oriented technical graduation degree. If your target is job in banking sector then BBA or B.Com are better options in comparison to BCA.

New answer posted

8 years ago

0 Follower 97 Views

Shiksha Ask & Answer
Sunil SoniManagement & IT Consultant

Scholar-Level 18

With your graduation degree in engineering, you are eligible to appear in PO examination conducted by Public Sector banks to start your banking career. You are advised to prepare for PO instead of doing 1-year PG Diploma in Banking. It will be better if you do MBA in finance to have a long-term career in BFSI industry.

New answer posted

8 years ago

2 Followers 294 Views

Shiksha Ask & Answer
Ronmi Bora

Contributor-Level 7

There are several career opportunities. One can get into investment banking. One can give banking competitive entrance exams. You can also explore role as business analyst in corporate sectors. For insurance sector, if one has flair in understanding policies and calculations, may enroll for insurance agent training under IRDA as well.

New answer posted

8 years ago

2 Followers 100 Views

Shiksha Ask & Answer
Ronmi Bora

Contributor-Level 7

Some of the highest-paying jobs in the Insurance sector include
Job ProfilesDescriptionAverage Salary
ActuaryEvaluates financial risks to determine the right premium for insurance policies.INR .7.7 LPA
Underwriting ManagerLeads underwriting teams to ensure risks are evaluated properly and premiums are set appropriately.INR 8.8 LPA
Claims ManagerOversees the claims department to ensure claims are processed efficiently and fairly.INR 5.7 LPA

Insurance Product Manager

Develops and manages insurance products.INR 6.5 LPA

Risk Manager

Analyze potential risks and suggest ways to eliminate or reduce them.INR 12.2 LPA
Insurance AgentHelps clients find insurance coverage and negotiate with insurance companies. INR 2.3 LPA

Note- The above salary has been taken from Ambitionbox.com.

New answer posted

8 years ago

0 Follower 175 Views

Shiksha Ask & Answer
Ronmi Bora

Contributor-Level 7

One can get into banking sector by specializing in banking and finance or giving several entrance exams like Bank PO.

New answer posted

8 years ago

1 Follower 95 Views

Shiksha Ask & Answer
Ronmi Bora

Contributor-Level 7

Bank is a financial institution that accepts public deposits and creates credit. Bank has several functions like loans, advances. Popular Indian banks include ICICI, HDFC, AXIS, which are private. State Bank of India (SBI) is the Indian largest public sector bank.

New answer posted

8 years ago

0 Follower 50 Views

Shiksha Ask & Answer
Subhajit MGormandize Kolkata obsessed,Biriyaani, Mohanbagan

Guide-Level 11

Give CAT, IIFT and XAT to take admission in core finance or you can choose PGDBF (banking finance) offered by ICICI bank, Baroda bank, Syndicate bank etc. in Manipal University. You can search for the same to get an idea about it. Feel free to ask in case of further queries. Kindly upvote if you found this answer useful.

New answer posted

8 years ago

0 Follower 66 Views

J
Joyeeta Paul

Guide-Level 12

You would be offered the average salary package that is offered in starting.
The graduation course you have done is not banking related, they would just make you eligible for the exam.The average salary package is around Rs. 15000 to 30000.

New answer posted

8 years ago

0 Follower 141 Views

J
Joyeeta Paul

Guide-Level 12

Different banks put different percentage criteria in graduation for the PO exam.
Normally it is 55% or 60% (again depending upon banks).
But there is a 5% mark relaxation for SC/ST/OBC candidates.
Some other eligibility criteria for bank PO exam are:
*Your age should be between 21 years and 30 years.
*You should have a degree in computer from NIT's or other institutes.
Final year students in graduation can also apply for the exam if they can show their passing certificate at the time of interview.

New answer posted

8 years ago

1 Follower 99 Views

Shiksha Ask & Answer
astha singh

Scholar-Level 16

NIBM (National Institute of Bank Management), Pune is an autonomous apex institute established by RBI & banks is Registered as a society under the Indian Societies Registration Act 1860. It is recognised as a scientific and Industrial Research Organization by Department of Scientific and Industrial Research, Ministry of Science and Technology, Government of India.

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