There is a lot of scope for banking jobs in India. Working at a job in banking can be an exciting one, but also highly stressful if you’re not careful.
Working in a bank, means you will get to meet many different kinds of people as well as learn a lot from your hands on experience. Perhaps the best part about working in a bank is that it looks pretty impressive on your resume.
But if you think it’ll be a walk in the park, think again. Many a banker comes home late – like late, late – to be with his wife and family, solely because the work pressure on him in office kept him working till 10 at night – and maybe longer.
Insurance and accounting jobs are no better. High-pressure work loads make the jobs stressful and largely draining. While it looks good on your resume to have these kind of jobs listed as work experience, you should count the cost before you step in to fill such a role.
Finance jobs can be quite exciting although, and looking on the bright side of it – at least it pays well. Jobs in Bank Industries have been known to pay over 6 digits per month and sometimes even more than that. But this need not always be the case. Jobs in Banking can be as diversified as there are types and categories of jobs in the market – well maybe not that many, but you get the point.
The first things you need to do when considering joining a bank is ask yourself why. Are you joining them for the money? Are you joining them because they are a good brand name? Are you joining them because the market is down and you have nowhere else to turn? Ok, I’m sure that’s not why you’re joining, because banking employment seems to be the last place anyone would look if they were in such a state. Are you looking because you want to learn something new? Are you there because it’s a family business or your parents want you to do this?
Once you decide on your reason for doing this, figure out whether you would like an online banking job, or work in a regular bank. There are many types of banks under the heading of a regular bank. Some of these are: a small bank, a national bank, a hometown bank, a regional bank, etc. and then take the next step to applying to them.
As with any job, there is a minimum qualification that they expect you to meet. They don’t expect you to have criminal records or any such thing. You also need to have some basic computer knowledge.
And finally, bank jobs can be found online, in local newspapers, etc. Pick up the phone and apply.
There are a wide variety of jobs in the finance industry and a job in finance can cover a wide range of tasks. Finance jobs typically offer good financial rewards but require the employee to be extremely well qualified and more often than not there is a favouritism in the industry toward people that are experienced in their sphere of the industry.
Because of the massive scope of jobs that are available it is often possible that there are jobs to suit people of all ages, skills and interests within the title of finance jobs. The types of jobs in this category include accountancy, corporate banking, commercial banking, investment banking, financial management, investment management, management consultancy, retail banking, personal financial services and taxation.
Chartered certified accountants
There are a number of types of accountants. Chartered certified accountants can work with private businesses, commerce and also the public sector. Chartered certified accountants develop and maintain financial systems. They also are interested in financial forecasting and auditing financial records. They can get involved in a number of levels of business and can produce reports and budget plans for businesses and individuals and they can also help manage funds and salaries.
Many accountants are also qualified to investigate financial anomalies. Some even offer management consultancy services designed to improve the management of the organisations that they deal with to make them more financially responsible and ultimately more profitable.
The chartered accountant can also offer a range of other financial services. They can offer advice on taxation, advice on insolvency and also offer advice on corporate finance. Because the advice that they offer has to be of good quality the accountant has to be extremely well trained and versed in the laws surrounding finance. Accountants can have a very varied working day and the tasks they complete typically include, preparing financial advice, preparing business plans, preparing budgets for clients and collating reports.
They will usually be adept at managing expenditure, credit, payroll and investments and will be able to create financial plans and forecasts. They will also typically have a large component of their work facing clients. This means they get a healthy mix of desk work as well as social interaction with their client base.
Investment management
Investment management jobs include a wide variety of different branches. This can be jobs such as a commodity broker, investment analyst, investment fund manager, stockbroker and also trader. Commodity brokers deal in physical commodities such as coffee, grain, sugar and oil. They buy and sell these commodities on behalf of the product producers and try to make the most of their investments.
An investment analyst researches the trends and undertakes analysis that is developed to help investment fund managers make decisions that aim to maximise the return for the portfolios that they manage. Stockbrokers invest money with the aim of making returns for their clients. They do so for a number of different people and organisations. They utilise market information that is supplied to them by market analysts. There are a number of different types of stockbrokers and each of these types tends to work for a different type of client for example, private individuals or corporate institutions.
Posted on February 17th, 2010 in Finance jobs | Comments Off
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