Banking, Finance & Insurance

Hi Pawneet,
Maximum number of MBA aspirants specialize in finance these days and this trend is because of the numerous possibilities that an MBA-Finance offers you as far as your career is concerned.
Career options:
Financial Managers or Financial Analysts
Accounting Managers
Corporate Controllers
Chief Financial Officers
Treasurers and Finance Officers
Cash Managers
Risk and Insurance Managers
Management Consultants
Investment Bankers
Investment Banking Associates
Investment Sales Associates and Traders
Credit Managers and Specialists
Career Prospects:
You can look out for exciting careers in banks, financial consultancies and financial institutions. One can get involved in consumer and investment banking, institutional finance, merchant banking, corporate finance and international finance. Years of experience in this area can also lead you to serve on government committees and contribute significantly to policy-making issues
Feel free to raise more questions. Appreciate by giving it thumbs up or marking as best.
All the Best.

Hi Ashish,
You can opt for B.Com as a graduation degree and start preparing for bank PO exams.
You can take up public sector/ regional sector banks to build a career in banking domains.
Recruitment for this position in conducted by IBPS.
The recruitment process of public sector banks includes competitive examination followed by an interview.
Probationary officer is the entry level position in the officer cadre in banking industry.
19 banks including Bank of Baroda, Andhra Bank, Canara Bank and Allahabad Bank recruit probationary clerks, probationary officers and specialist officer.
Banking Recruitment Examinations
Public sector banks conduct two major examinations for recruiting Officers and Clerical Staff. These examinations are called:
1. Bank Probationary Officers (P O) Exams
2. Bank Clerks or Probationary Clerks Exams
The eligibility criteria to take Bank exams:
Nationality: India
1. Public/ Regional Rural Sector Banks:
PO - A degree in any discipline from a recognized University or any equivalent qualification recognized as such by the Central Government.
Clerical - A degree in any discipline from a recognized University or any equivalent qualification recognized as such by the Central Government.
2. SBI and SBI Associate Banks:
PO - A degree in any discipline from a recognized University or any equivalent qualification recognized as such by the Central Government.
Clerical - Minimum 12th Standard (10 + 2) or equivalent qualification thereof with a minimum of 60% marks.
Career progression of Officers in Public Sector Banks:
Junior Management Grade – Scale I: Officer
Middle Management Grade – Scale II: Manager
Middle Management Grade – Scale III: Senior Manager
Senior Management Grade – Scale IV: Chief Manager
Senior Management Grade Scale V: Assistant General Manager
Top Management Grade Scale VI: Deputy General Manager
Top Management Grade Scale VII: General Manager
You can go with Chartered Accountancy or can have M Com degree along with your job. CS and CWA etc. are other options depending upon your proficiency. Furthermore, you can clear NET right after M Com and can be a research fellow.
Found this useful? Click on thumbs up or mark it as best.