In the changing times of today, the banking sector has not been limited to mere financial transactions and official paper works. The banking sector has gone ahead with the latest technological advancements embracing core banking facilities over the entire country. The banking system has become dependent on different types of software to run their day to day activities. This dependence on computers and latest technology has made way for technical experts and people with expertise in the new age technology. So, the banking system would be impossible without the work of Computer Engineers.
The Engineers are using their rational knowledge and are getting ahead of the commerce students in the jobs at the banking sector. It is a common perception that the banking jobs are mostly taken up either by commerce graduates or person with a fancy MBA degree. Though, it might have some relevance in the private bank sector, the perception doesn’t hold water in case of the public banking sector. The number of engineers produced ever year through the huge number of engineering institutes in the country, has resulted into a dearth of suitable opportunities for these engineers. Due to security in the job, many of the engineers after completing their courses are trying to get into the banking sector. It is advisable to the engineering students to learn more about the banking sector and the kind of work associated with it before applying. The digital revolution in the last decade has changed quite a number of equations in the job market and now the engineers are receiving warmer welcome in the banking sector, due to their prowse with the computers and machines used in the banking sector.
How Computer Engineers make Banking System more feasible?
Every day new avenues in the field of technology is getting explored and the banking sector is not left behind in adopting these techniques to improve their day to day functioning. The role of computer in banking sector is very wide. A New prospect in computing in banking system presents stimulating challenges to Computer Engineers in the 21st century.
There are many benefits of having computer engineers in the banking sector and recruiting them in major positions in the banks.
Engineering jobs are drying up due to huge number of candidates passing from the engineering colleges every year, making it very difficult for every engineering student to land up into their preferential jobs. They are moving to the banking sector due to the job security and good pay package along with ability to utilize their knowledge in matters related to technology and its use in the banking sector.