Career in Banking 2024: Jobs, Salary, How to Start?

 By 2024, the banking industry still remains one of the most prospective career paths for young professionals. So whether you are about to graduate from high school, studying at a university or even a recent alumnus with no job experience at all, it is important to understand what the landscape of banking jobs looks like, how much can be earned there, and how one should start.  

 
Banking Jobs and Their Scope 

From customary professions like loan officers and tellers through compliance analysts and investment bankers the scope of banking jobs spreads widely. That is why individuals sought by this sector should possess not only certain level of financial expertise but also strong analytics and inter-personal skills. 

 
Salaries in Banking 

These jobs offer attractive salaries, especially for entry-level positions. The starting salary is competitive and increases with experience and specialization. Through NIIT Digital's Post Graduate Program in Relationship Management (PGPRM), you can land a job as a Relationship Manager with ICICI Bank, India's leading private sector bank. The starting salary package is 2.45 LPA, and with time and experience, you can grow to become a deputy manager. 

 
Starting Your Career in Banking 

1. Education: A solid foundation in finance, business, or economics is crucial. Considering a postgraduate diploma in banking and finance can provide a competitive edge. 

2. Internships: Gaining practical experience through internships after PG in banking is crucial. These not only provide invaluable industry exposure but also enhance your resume. 

3. Certifications: Certifications in specific banking functions can further distinguish you in the job market. 

4. 100% Placement Assistance: Some PG in banking courses provide 100% placement assistance and full support till you get the job.  

 
Role of Educational Institutes 

Such institutes offer postgraduate diplomas in banking and finance through offline mode and some offer through online mode. One of the leading institutes such as NIIT Digital, offer specialized online courses including its Post Graduate Program in Relationship Management for example that are tailored towards equipping students with relevant knowledge on banking practices while ensuring direct job placements at ICIC Bank, thus simplifying moving from learning institutions into the employable population 
 
Conclusion 

A career within the banking sector is an opportunity that offers stability, reward potential, and countless growth prospects. With proper education background, work experience gained and taking advantage of established learning centers such as NIIT  Digital can help you get ready for and succeed in the banking industry.  

 

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