A banking course develops various skills in an individual. It trains him in the areas of man-management, resource management, planning, funding operations, handling of loans and profit generation. Merchant banking another field of banking study involves investment management like handling of public issues, mutual funds, international funds, acquisitions and mergers, etc. Treasury and Forex Management, also an important branch of banking, play a pivotal role in the global economy. With the boom in communication, banking is becoming increasingly technology savvy. The scope for career development in banking sector is also immense. Banking courses are conducted by several career institutes.
Benefits: The industry designed curriculum for banking courses includes the following subjects :
After the completion of a banking course one can hope to be absorbed in a bank as middle level executive officers. A good banking course will give an individual the ability to motivate people, have profound knowledge about monetary control, foreign exchange, currency values, treasury management and other allied fields of study.
Courses in India In India the following institutes offer banking courses as part of their curriculum
National Institute of Bank Management ( NIBM), NIBM Post Office, Kondhwe Khurd, Pune- 411048 . Website :
http://www.nibmindia.org/
Centre for Advanced Financial Studies, Institute for Financial Management & Research ( IFMR),
The Indian Institute of Banking & Finance , The Arcade, World Trade Centre, 2nd Floor, Tower 4, Cuffe Parade,Mumbai-400 005. Website :
http://www.iibf.org.in/
University of Madras, Centenary Buildings, Chepauk, Chennai-600005.
The Aligarh Muslim University, Aligarh-202 002
Ravishankar University, Raipur-492 010
Guru Ghasidas University, PO Koni, Bilaspur-495 009.
Maharishi Dayanand University, Rohtak-124 001.
Maharaja Sayajirao University of Baroda, Vadodara-390 002.
Gujarat University, Navrangpura, Ahmedabad-380 003.
Utkal University, PO Vani Vihar, Bhubaneshwar-751 004.
Annamalai University, PO Annamalai Nagar-608 002,Tamilnadu.
Sri Venkateshwara University, Tirupati-517 502.
SNDT Women's University, 1, Nathibai Thackeray Road, Mumbai-400 020.
University of Rajasthan, Jaipur-302 004.
Shivaji University, Vidyanagar, Kolhapur-416 004.
Marathwada University, Aurangabad-431 604.
Bhartidasan University, Palkalai Perum, Tiruchirapalli-620 024.
Manipur University, Canchipur, Imphal-795 003
Institute for Development and Research in Banking Technology, IDRBT
Castle Hills, Road 1, Masab Tank, Hyderabad 500057 Website :
www.idrbt.ac.in
Scope in India: The Reserve Bank of India as well as all the other nationalized banks in its fold recruits personnel in the following grades :
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Clerical Grade
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Grade A Officers
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Grade B Officers
A candidate can also be recruited in nationalized banks as Probationary Officers. Banking jobs are also available in the Treasury and Forex Department, Merchant Banking Department and Foreign Exchange Departments of these banks. Banks in the private sector employ personnel as Credit Control Manager, Corporate Banking Executive, Relationship Managers, Customer Care Executives in banks like State, Allahabad Bank, ICICI Bank, Kotak Mahindra Bank, Bajaj Allianz Iflex Solution etc. Scopes Abroad: Outside India, an individual who has undergone the rigors of a banking course can get lucrative jobs like that of a Project Finance Manager, Equity and Fixed Income Settlements Specialists, Commercial Finance Manager, Compliance Officer, Corporate Banking Trade Analyst, Cash Management Operator, Consumer Banking Asset Operator, Investment Banking, Business Analyst, Market Risk Analyst, Corporate Banking Credit Analyst, Consumer Banking Asset Operation Manager, Forex Head, Corporate Banking Branch Head, in banks like ABN AMRO, Barclays Plc, HSBC, Citi Bank N.A. Dresdner Bank, Lehman Brothers, Standard Chartered Bank, Royal Bank of Scotland and others.