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วันจันทร์ที่ 24 สิงหาคม พ.ศ. 2552

Careers in Banking, Finance and Accounting

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There is no dearth of jobs in banking, finance and accounting sector as this field has tremendous employment generation potential. This is a vast field which comprises of several categories such as commercial banking; corporate banking or corporate finance; merchant banking or investment banking; personal banking and rural banking; insurance sector and real estate sector.

Candidates who are graduates in any of the streams such as commerce or economics or mathematics are eligible to apply for various vacancies existing in this sector. Candidates with higher academic qualifications such as MBA in Finance; CA (Chartered Accountancy); CFA (Chartered Financial Analysis); MBA in accounting and similar other qualifications are absorbed by banking sector in high profile managerial positions.

Careers in commercial banks: A graduate can start a career as a teller, an accountant or a cashier and then advance to managerial positions by qualifying departmental tests. Some commercial banks conduct written examinations and follow up interviews for filling “office-cadre” vacancies. Different managerial profiles available are as bank branch managers, relationship managers, regional managers and so on.

Corporate Finance: Corporate banker works for his company to increase the value for money as well as to help it find sufficient funds for the growth of the business. Major Job profiles available in this field are as Corporate Financiers, Asset Managers and Financial Planners.

Investment Banking: is the management of investments on behalf of institutional investors. Major Job profiles available in this field are as investment bankers, money mangers, wealth managers, asset managers and capital market managers.

Insurance: Different types of insurance products available are vehicle insurance, medical insurance, life insurance, crop insurance etc. Major Job profiles available in this field are as Actuaries; Insurance Managers; Risk Managers; Insurance Surveyors; Insurance Agents etc.

Rural Banking: Job profiles are available in agricultural and rural credits as agricultural officers and specialist officers.

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