Banks: Continuing Education Allows Progress

In the banking sector, career after plays a key role. Continuing education allows these career progressions. In the era of digitalization and faced with the emergence of artificial intelligence, bank employees must also develop new skills to adapt their business, which is bound to evolve.

Evolution of professions and digitalization force, what new skills should bank employees develop in priority?

These evolutions are impacting all the banking professions; one cannot bring a single answer. If you look at the customer relationship business, which is about half the workforce, the significant change is that the advisor now has to work in an Omni channel environment. It must be able to intervene in a mostly digitized customer journey and bring timely responses and solutions tailored to the project and the profile of the client.

This, of course, requires having a solid foundation of digital skills (the banks agree in this regard significant investments), technical and regulatory, but also develop strong interpersonal skills to make a difference in terms of quality of reception, listening, support and advice in relation to digital solutions and artificial intelligence (AI).


Finally, the business related to the customer relationship does not change in their fundamentals, it is the manner of exercising them and therefore the base of necessary skills that evolve.

Which are the professions of the bank most impacted by these evolutions?

Over the next few years, it can be estimated that three segments of the banking business will be primarily concerned by the need to develop new skills, with the aim of a specific effort regarding training. These are (in decreasing order of volume of the populations concerned):

  • Sales forces and customer relations professions which, with the development of artificial intelligence and the arrival of new players, will probably have to refocus the heart of their business on value-added expertise and advice;
  • Risk and compliance professions, artificial intelligence opening up new unsuspected possibilities in this area;
  • Activities related to data management, especially the customer journey, which will undoubtedly give birth to a myriad of new jobs.

But, of course, the other components of the banking activity (HR, support functions, etc.) will also be impacted to varying degrees.

What are the risks for those who would not want to train or who would be too late?

Through adapted methodology and à la carte training, the student gradually builds his project by acquiring skills in public finance, local government finance, finance and strategy, corporate finance and market practice, banking, and the stock market, finances, and probabilities, which can constitute as many specializations according to the proposed course.

Career opportunities

Holders of diploma courses in finance and banking are directly operational managers who work in accounting firms, auditing, and consulting firms; banks and insurance companies; Corporate Finance departments of major industrial and commercial groups. Depending on the context, there are positions as a financial analyst, account manager, an auditor in office, treasury manager, portfolio manager, sales trader.

Depending on the context, there are positions as a financial analyst, account manager, an auditor in office, treasury manager, portfolio manager, sales trader, etc.

4 Reasons To Start A Career In The Bank This Year

In an increasingly aggressive market, shaken by waves of mergers and acquisitions that reduce the number of contenders, raising the level of competition between professionals and managers, the banking industry is bound to change rapidly. Career paths change, increasingly based on results rather than seniority. And the hunt for talented people from the banking and financial sectors is launched, with the promise of fast careers. If you change the institution.


Having a career in private banks in India is the dream of many: a prestigious profession that promises above-average earnings. But the doors of the banks do not open up to everyone. The increase in the complexity of financial and banking transactions require qualified preparation also for those who can already boast of work experience.

  1. Because it is finance, and finance will always be.

Money is something that will always be important and necessary. With money, we pay for purchases, invest currency in profitable industries and start a piggy bank in the form of a bank account. All financial transactions are conducted through the bank, the legal account is in the bank, loans in the bank and in general the bank is one big piggy bank for many people at once. The bank is one of the most sustainable systems. If there is no bank, there will be no economy. Here you will always have a job, and where work is there and stability! And if there is no economy, then you will no longer need work.

  1. Because banks are IT, and IT is our future.

Due to the fact that the bank is primarily engaged in finance and work with clients, there is still a need for economists, analysts, and marketing specialists. After all, to be able to talk about even the most intelligent technologies you need to be able to. So do not hesitate: the bank is an IT company in the future, in which it will be easier for you to merge and find your place.

  1. Career growth and opportunities

Although banks become IT, giants, they still need time to get stronger and fully settle in a technological society. And still, young specialists who are ready to take the initiative, learn new things and manage innovative projects. New directions are developing rapidly at a pace (because laggards often accelerate to catch up with those ahead) and if today you are an ordinary employee who tests innovative credit scoring method or introduces flexible management methodologies, after a year you are an expert in your business and manager department that started with you.

  1. Versatile experience

A bank is not about only money. This is a financial institution, which has marketing, accounting, information technology, legal departments and much more. Getting a Job in Private Banks in India is a separate world that can be a powerful start for your career. Here you will get experience in analytics, work with big data, fintech-development, in advertising companies with huge budgets, take responsibility and lead your own direction or project.