Tag Archives: Career

Banking

Banking PO- Building Career

In recent years every one out of three Indian student is looking for a job in bank. Every public and private sector bank is looking to expand his business in India. Thousands of candidates are applying for the post of bank PO every year but very few are managing to get the job. The student should kept the following points in mind while preparing for job.

Educational qualification- the candidate must have a degree in any discipline from a recognized university or equivalent qualification by government of India. The candidate having good knowledge of computers is giving preference for their selection. The applicant must be between with minimum of 21 and maximum of 30 years as per date of filling up the form. There is a provision of relaxation of age for OBC and SC, ST classes. Ex- serviceman and commissioned officers who gave minimum of 5 years of military service also get relaxation in their age. Persons with disability like visually handicapped also get some relaxation in their age.

Selection for the post of bank PO for different exams in India is mainly comprises of two stages first stage comprises of written exams and after a candidate is selected in written exam then he has to go for interview/group discussion stage. Written test mainly comprises of objective test, reasoning ability, quantitative aptitude, general awareness and general knowledge about banks. Application procedure mainly comprise of online submission of bank entrance application form through official website of respective banks.

With the advancement of technology and the birth of competition, banks are in the race of becoming the best in the country. With an eye upon customer satisfaction policy they are providing best of the best services with the minimum hazards. The commercial banking structure in India consists of: Scheduled Commercial Banks and Unscheduled Banks. Scheduled commercial Banks constitute those banks which have been included in the Second Schedule of Reserve Bank of India(RBI) Act, 1934. RBI in turn includes only those banks in this schedule which satisfy the criteria laid down vide section 42 (6) (a) of the Act.

With the advancement of technology and the birth of competition, banks are in the race of becoming the best in the country. Selection based on Written Test and Personal Interview. It is for the aspiring candidate to ensure that he/she has met with the eligibility criteria and complied with the requirements and adhered to the instructions contained in the official advertisement given by the respective bank as well as in the application form. Candidates are, therefore, urged to carefully read the advertisement and complete the application form in all respects and submit the same as per instructions given in this regard at the given addresses.

For Furthur Information You Can Log go to Upcoming Bank Exams Portal having Latest 2011 Bank Exams Updates and Notification with Information about Recruitment in Banks

Finance

Guide to a Successful Career in Finance

Careers in finance can be some of the most rewarding and challenging jobs in the country.  The field is varied, and you can find yourself working in a wide number of different areas.  From advising people about their investment options on a personal basis to working for a massive corporation, the world of finance holds countless opportunities.  No matter what type of specific job you find, building a successful career in finance takes time, motivation, dedication, and hard work.  But by applying yourself and understanding a few key factors, you will be able to set yourself on the path to a great career.

 

Like so many other jobs, careers in finance begin with a solid, quality education.  A bachelor’s degree is needed for most financial jobs, although some positions may require a bit less education.  To be truly successful in finance, you need to be sure that you select a school with a respected financial program.  Some schools are more well-known for their courses than others, and a bit of research will help you find out which ones they are.  Not only do prospective employers think more highly of certain schools, but the better ones will also provide you with much better training so that you can excel in your career.

 

With your education completed, the next step is to consider your options.  Careers in finance can cover a broad range of different areas, and planning a long term successful career involves devoting yourself to one of these areas.  While most banks and corporations require a bachelor’s degree, there may be specialized courses you’ll need to consider adding to your resume in order to get some jobs.  At any rate, settling on a specific area of finance will allow you to focus your attention and skills on it.  You may want to focus on mortgages and other types of loans, or devote yourself to stock market investing.  Applying yourself to one area will increase your knowledge and skills concerning it.

 

Finally, devote yourself to your job.  That isn’t to say that you should neglect your personal life in favour of your professional one.  It just means that you should be sure to focus yourself on honing your craft.  Recognizing market trends, interpreting data, and applying your findings quickly and successfully are all vital components of careers in finance.  The more attention you give to the specific tasks your job requires, the better you will become at it.  Building a reputation takes time, but by applying yourself successfully you’ll be on your way to a successful career that your peers will envy.

Richard Smith is a business professional who is currently researching careers in finance

Banking

Career in Banking Sector for Fresher

 

Banks not only offer jobs for experienced employees but also for freshers. These freshers are the students who have completed their studies and wish to pursue career in banking sector and since they do not have any work experience, the hiring process includes a written exam, group discussion and personal interview.
 
When it comes to fresher there are so many options and so many jobs which banks provide and almost every year banks look forward for graduates / management students with little experience. This is because they have just completed their academics and are completely ready to mix in the office environment. Also the spirits are high and the devotion is very true. Therefore banks would love to work with such kind of students who wants to associate themselves with banks. 
 
As a matter of fact there are so many colleges where banks come to hire the students soon after they complete their graduation. Therefore it acts as an added advantage for the students as they do not have to search for jobs. These kinds of degrees hold so much importance that now students have understood their weightage and are doing their level best to work with best of the banks. Not only private banks but public sector banks also are a part of the whole hiring system. That is why these days there are fewer complaints from the customers’ side. This is because quality staff is hired and no one wants to lose their customers.
 
Freshers can be posted in any department as they are not specialized in any stream. They can be trained well and then may be Marketing or Finance whichever is suitable for them they can be absorbed in that department. Trainees love to deal with customers as they are young and they always look for attention from their seniors. That is why if proper training is provided they can prove excel in their work and help in the growth of an organization.
 
There are discussions regarding the salaries and stipends which are offered to these trainees like low pay scale but that is true in various industries hiring inexperienced staff but with time and experience they do get a decent salary. That is a universal and an accepted fact. If there is correct potential and the spirit to go ahead and create a name in the world of numbers then sky is the only limit. Just make one thing sure in mind that you want to work with the best bank in the world.

Nitin G writes on behalf of various career portals and websites in India. He writes on different topics like bank job openings, eligibility for bank exams, jobs for freshers and improving work concentration.

Banking

Choosing a Career in Banking

It was 7.00am on a Monday morning and as I sat on the train on the way to work I found myself behind two gentlemen in designer suits who I instinctively expected to be bankers. I was right. They soon started talking about their respective workplaces.

I became further intrigued as they tried to convince each other that they should jump ship to each others’ firms. The first man worked at a well respected global investment bank which he said was expecting a “big year” in 2011. On the flip side, this meant more time away from his family.

The second guy worked for a boutique bank. He was happy that his travelling days were behind him but moaned about the lack of training that his company was providing to new hires, especially at graduate level. He was spending a lot of time working one-on-one with new employees, which he wasn’t happy about.

Working out the benefits

The man from the global IB mentioned a new gym membership for all employees but said with his hours, working out was not on the agenda. His friend didn’t get this benefit but had vowed to work fewer hours this year to make more time for himself and his family.

Listening to both men got me thinking about the pros and cons of large banks and niche ones. While the fundamentals of your work will be the same, the application of that work can vary.

Where everybody knows your name

The major difference I think is culture. Employees in a boutique are more like family and the whole firm knows your name. In a big bank you probably only interact with members of your team and know little about other people and their duties.

A boutique can therefore have a friendlier feel to it and people work together rather than competing against each other.

You have a strong support network, which can be accessed a lot easier than at a larger institution.

Working for a big bank typically means you have one distinct job function, while at a smaller company you are often exposed to several different roles based on current projects. With less hierarchy and fewer processes, boutique employees have a greater chance to expand their knowledge. Being part of a smaller team can also let you stand out and be recognised for your contribution.

Size sometimes matters

However, the prestige of working for a large, well respected bank can be a huge advantage, and you will get fantastic perks and benefits. Although there is a feeling of being small fish in a large pond, having a specific role that you are solely responsible for can provide better future opportunities if you want to process your career in that job function. Training opportunities are generally much greater and more highly regarded by potential employers.

Overall, you need to find the right firm for you, based on factors such as those above. And no matter where you’re working, the atmosphere will be demanding. That’s the very nature of the banking industry – it’s a sink-or-swim culture.

 

Gavin is the founder of RedStarResume an online business that helps professionals with their resume and cover letter writing. With direct experience in recruitment, a vast knowledge of “buzz words” and “keywords”, and a genuine passion for helping our clients, the team at RedStarResume will help you gain an advantage over the competition that will greatly improve your chances of getting hired. Guaranteed!

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Banking

Banking Career in India

Those who are looking forward to building up a career in banking, the opportunities are widespread in India. Apart from central and state banks, there are plenty of private banks like HSBC, HDFC, Axis, and ICICI, which has dozens of job openings. Jobs in banks can be related to specialized financial services like merchant banking, treasury, credit, etc, general and branch banking, information technology, retail and institutional marketing, and so on. Here is a short list of the various kinds of jobs related to banking in India:

Assistant Branch Manager jobs
Assistant Controller jobs
Auditing Manager jobs
Cash Management Manager jobs
Chief Foreign Exchange Executive jobs
Relationship Manager – Sales jobs
Loan Officer/Counselor jobs
Fraud Detection Associate jobs
Mortgage Collector jobs
Wealth Management Specialist
Risk Management Supervisor jobs

Whether one is applying for probationary officers (PO) or clerical post, there is a particular pattern which is followed in these exams.

The questions asked are related to quantitative aptitude, verbal and non verbal reasoning, English knowledge, and socio-economic general awareness. This is the basic structure which is followed. Depending on the kind of post, the questions can be different. Suppose one is applying for a clerical job in a bank, he has to undergo clerical aptitude test and questions related to computer awareness. There are several banks that conduct descriptive test in socio-economic general awareness and English knowledge. The bank decides upon the qualifying marks, which is generally 40 percent. Even for clerk job banks prefer candidates to have knowledge in basic computer applications.

Minimum qualification that is required to apply for clerical cadre jobs for general category candidates is minimum 10th class with 60 percent marks. The minimum qualification that is required to apply for bank PO jobs for general category candidates is one must have a graduation degree from a recognized university or college having a minimum of 60 percent marks. Candidates with a post graduate degree or MBA qualification are given preference in banking sector.

 

Nitin Gurmukhani writes on behalf of various career portals in India. He writes on topics like upcoming bank exams, recruitment for probationary officers, govt bank jobs and improving work concentration.