Banking has become a great career option amongst the aspiring candidates who want to join this field and rise further up in ranks. There are new branches opening up of various regional, national and international banks of private and public sectors at various parts of the country. New branches and overall workload of financial transactions and schemes launched by government and other related financial bodies have resulted in recruitment of workforce into these banks. The flourishing financial sector has thus turned many eyeballs into its side and lakhs of aspiring candidates are thus taking this up as career opportunity for their future.
Bank Exam Route: Candidates looking for banking sector jobs can go through recruitment process conducted by Institute of Banking Personnel Selection, which is an autonomous body set up by the banking industry, which looks after the recruitment needs of its 19 member banks over the country. RBI and SBI conduct separate examination for their banks and thus there are quite a few competitive examinations which can be taken up by the candidates every year to try and get into the banking sector.
Courses by IIBF: Apart from taking IBPS examination, candidates who are interested to make career in Banking and Finance can undergo courses offered by Indian Institute of Banking and Finance (IIBF), Mumbai as well. The Diploma Course in Banking and Finance by this institute is designed to fulfill the requisite demand of the professionally qualified manpower in the increasing job market for banking and finance sector. It provides information and knowledge regarding modern banking environment and its operational process. It improves the chances of the candidates getting selected for the bank jobs. IIBF is a professional body of banks and financial institutions in India and is a premiere institute in banking and finance education in India.
Courses in various other Institutes: Along with IIBF, candidates can also undergo Post Graduate Diploma in Banking, Insurance and Financial Services from Institute of Public Enterprise, Hyderabad. Amity School of Insurance, Banking and Actuarial Science, Noida is another such institute that offers MBA with Insurance and Banking as specialization. Candidates interested for banking can also apply for MBA with Banking management as specialization from one of the top notch institute Symbiosis School of Banking Management, Pune. There are related banking courses in offer through distance education portals as well, which can be accessed by the candidates while working or studying in a regular course from any recognized university/institute.