Which Degree To Work In A Bank?

The most requested university qualifications to enter a credit institution. What are the tasks and how much you earn?

The same employees in the sector recognize this: today working in a bank is no longer as it once was. The myth of a permanent and secure job has, in part, crumbled because the crisis (and, in some cases, bad management on the upper floors) has also affected lenders. However, working in a bank is still one of the outlets that offer young people greater reliability than in other sectors.

But how do you get into a bank job? And what private banking training courses should you pursue to work in a bank? Do you necessarily have to be an expert in economic subjects or is it possible to sign a contract having attended other types of universities?

It all depends on the candidate’s ambitions, if you want to stop at a low level, just to have a job that guarantees a certain solidity, or if you want to make a career and become a manager, branch manager or, why not, get a job in a board of directors.

Working in a bank: degree and requirements

Anyone who asks the question “which degree to work in a bank” must, first of all, know that there is not a single university degree to be able to be hired in a credit institution. If you have to join the management and operational sector, one of these degrees is required:

  • Banking sciences;
  • Economy;
  • Law;
  • Political science.

For the other sectors, a degree may not be necessary: ​​a diploma would suffice, possibly integrated with training courses.

Working in a bank: do you need a postgraduate master?

Those who come with a university degree to work in a bank (three-year or master’s degree) can have more opportunities if, after obtaining their university degree, they attend a master’s degree, that is, a post-graduate course in economic subjects. The masters offer specific preparation to work in a bank or to deal, on behalf of a credit institution, with the financial investments of a private citizen or a company.

The most popular masters for working in a bank are:

  • Credit management;
  • Investments;
  • Banking law;
  • Private equity;
  • International finance.

Banking courses after graduation give you the ability to access management positions within a bank more easily. Certain realities offer scholarships for the in-depth study of subjects related to credit and finance.

Working in a bank: do you need a competition?

The banks of the private sector are, to all intents and purposes, companies that can manage hiring like any other company: curriculum, interview, the employment contract with the candidate who offers, a priori, greater preparation, and greater guarantees.

Working in a bank: what are the positions?

Those who have had the opportunity to enter to work in the bank can belong to one of these sectors:

Management: these are those who have responsibility for the control and management of work and are responsible for the coordination and technical-scientific organization, personnel management and drafting of legislation;

Operational: those who take care of the duties concerning the work of the various units are included;

Safety and general services: employees who have the task of verifying the functioning of branches with surveillance tasks work in this sector;

Worker: includes people in charge of manual work affecting the various departments.

Private banking courses for a flourishing banking career

A career in banking and the financial field has become pretty hot trend due to the introduction of private banking courses. The course enables the aspirants to make a mark as professional working in positions like financial adviser, analyst, customer service or sales, as far as banking goes. However, a career in banking and financial services, as well as the job in itself, can be deceptively easy. It seems like all you need is a finance degree and a few people skills to work in a bank and you’re all set. However, depending on the branch you have in mind that is more or less far from the truth. A career in financial domain is pretty challenging. So let’s see what needs to be done.

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  • The financial field of the bank employs candidates in commercial banks, mortgage-related companies, savings and loan firms, and credit unions. They can also work in government agencies or for companies who require financial professionals to manage their portfolio or their business. They can audit and regulate other institutions as well.
  • Investment banking is a lucrative career option in this sector. An invest banker normally work for huge, global companies, where they handle all the trading. This largely means that they are to undertake the selling stocks and look for venture capital (lending sums of money to people or businesses while becoming part-owners during the whole process).
  • A bank manager is a highly discussed and most viable profession that the students of short term courses for banking professionals tend to bag. Seeing as this is a management job, you will need to oversee all the operations and make sure your team hits its sales target, is trained and very well motivated. The following tasks are unique to this job: meeting with your customers and clients to resolve their issues, ensuring customer service in your bank is the best it can be, monitoring the sales targets and reporting back to your head office.
  • A more common approach is that of being a bank clerk. This more of a front-desk job at any commercial bank. This job is very customer focused and the cashier has to take up the daily job of maintaining cash transaction and cash flows of a particular. At the end of the day, they are also required to keep tabs and audit of the daily reports with regard to the number of checks that have been cashed.

What Training To Prioritize When We Target The Banking And Finance Professions?

Many of you feel lost in the maze of existing courses. Young graduates with bachelor’s degree + 2/3 with marketable skills are highly sought-after profiles by banks.

Young people for their first steps in retail banking

In addition to being a receptionist and a multimedia client advisor, the personal client adviser business is the entry point par excellence in retail banking. As a young graduate, this position offers you a springboard of choice to learn about the various nuts and bolts of the banking sector and to train you in the field. Banks, large and small, recruit many young people.

This position can also be entrusted to alternating young people. The preferred profile remains that of young graduates of BAC + 2/3 level, specialized in commercial activities. The private client adviser business accounts for nearly 20% of hires in banks.

With a private banking training program or baccalaureate + 2 oriented towards business functions but not specialized in banking, you can also start as a reception consultant or multimedia client advisor to evolve to the position of individual advisor customers after 2 or 3 years.

Excellent ability to create contacts

The function requires a strong ability to build relationships with its customers to offer them customized solutions. You must, therefore, have an excellent interpersonal sense, be diplomatic, convincing but above all be attentive to the needs of your customers. Rigor, autonomy, a taste for teamwork, good nerve resistance and good personal organization are the other qualities mentioned to manage your files well and reach the commercial objectives set.

If you want to evolve towards individual and professional or private client advice, you will need to consider acquiring more specialized training in the sector. This can be for example a pro-bank license after your BAC + 2 training. You can also consider entering the job market directly after your BAC + 2 generalist training.

The benefits of the job: an excellent career development

Career development opportunities are active when you take your first steps in the bank. Private client advisors can evolve by specializing in a profession, as professional advisors, with customers as artisans, merchants, and professionals, or as private advisors with a higher-end clientele.

With the various economic and financial issues of recent years, banks are adapting their strategy to promote customer loyalty, mainly through the strong commercial development of their banking network.

Banks are expanding their offering of banking products and services by offering more insurance and complementary products. Also, the most straightforward private banking training course sare increasingly carried out autonomously by the customer with ATMs or directly on the internet.

Thus the role of bank employees is moving towards higher value-added advice and sales. Recruitment is changing with this trend; targets are diversifying from BAC +2 to BAC +5 with a pattern for business and youth profiles in recent years.

Diploma- A Necessity to Work in Banks

Banking is one of the most challenging areas today. Careers in this field also have immense possibilities. Candidates of any faculty can work in economics or commerce only. Today, private and foreign banks are opening up in abundance. Employment opportunities are also increasing.

HDFC, ICICI, HSBC and many other banks have created opportunities for the youth. The demand for skilled professionals has increased in this area. Because of this, some professional courses like certificates, diplomas, private bank training and PG diplomas have now begun.

How to work in a bank?

If you ask what you have to do to work in a bank for professional work in the sector, they will undoubtedly tell you to get the most out of your years of training. This implicit that it is not sufficient to select the BEST COURSES TO WORK IN A BANK, but you will have to cover the way to ingress the work of your fantasy. The banking sector is a very ruthless sector at the labor level, which is sought by a large number of qualified professional workers in various fields.

Therefore, if you are one of those who is apparently “I want to work in a bank,” do not limit yourself to get your university degree and do not stop training yourself, expand your knowledge, learn languages, specialize in specific areas of the banking sector, etc. In short, make your CV as attractive as feasible so that it stands out from the rest and draws the awareness of the recruiters.

With this you not only offer an impressive CV, but you are also demonstrating to the interviewer your desire to learn, improve, continue training, your ability to strive and your genuine interest in this profession, which in many cases can tip the balance in your favor.

These courses are the only way to make career paths in private banks, even Continue reading