a career in finance
TRANSCRIPT
Career opportunitiesCareer opportunities in in
FinanceFinance
Presentation byPresentation by R.Vijayaraghavan R.Vijayaraghavan
Head- Training, Head- Training, Sakthi Finance LtdSakthi Finance Ltd
Head-Finance,Head-Finance,Sakthi Excellence AcademySakthi Excellence Academy
Retd.Retd.Assistant General ManagerAssistant General ManagerCanara Bank
Ex PrincipalEx PrincipalKarur Vysya
Bank Ltd
Choose NowChoose NowA jobA jobor or
Higher studies for a Higher studies for a higher qualificationhigher qualification
As a MBA studentAs a MBA studentyou are the most sought you are the most sought
after person by any after person by any CorporateCorporate
Globalization &
LiberalizationFierce
competition
companies are trying hard
to reduce their overhead costs and maximizing profits.
Hunt for professionalsHunt for professionalsWho can manage finances Who can manage finances
properly to maintain financial properly to maintain financial viability and soundness of the viability and soundness of the companies. companies.
The financial managers with a The financial managers with a specialized MBA (Finance) degree specialized MBA (Finance) degree can achieve this herculean task.can achieve this herculean task.
Role of a financial managerRole of a financial managerTo supervise the preparation of To supervise the preparation of
financial reportsfinancial reportsGuide investment activitiesGuide investment activitiesExecute cash-management Execute cash-management
strategies.strategies.
MBAs can be employed
In public and private sector as a In public and private sector as a finance controllerfinance controller
Treasurer and finance officerTreasurer and finance officerCredit managerCredit managerCash managerCash managerRisk ManagerRisk ManagerInsurance Manager. Insurance Manager.
Wide variety of job opportunities
In BanksIn BanksFinancial institutionsFinancial institutionsInsurance companiesInsurance companiesMutual fundsMutual fundsInvestment companies. Investment companies.
Starting salary pm Finance Manager-Rs 20 K to 30 K in private Finance Manager-Rs 20 K to 30 K in private
sector.sector. In public sector the pay scale is lower than that In public sector the pay scale is lower than that
of private sector. of private sector. The pay scale may go up depending upon The pay scale may go up depending upon
qualifications, ability and experience of the qualifications, ability and experience of the person concerned. person concerned.
At a senior level a MBA graduate with Finance as At a senior level a MBA graduate with Finance as specialization can well go up to Rs 50000 to Rs specialization can well go up to Rs 50000 to Rs 60000 per month. 60000 per month.
Besides those who has taken up consultancy as Besides those who has taken up consultancy as a career are also getting handsome returns.a career are also getting handsome returns.
A steady career growth
& countless
opportunities
Wealth in India
Held by individuals Held by individuals Rs. 144 lakh crsRs. 144 lakh crs
(2012-13)(2012-13)
We need Specialist to handle this
wealth.
That is you
Your Job could beJoin the finance department of Join the finance department of
a corporationa corporationWork in a bankWork in a bankBe in the Financial services Be in the Financial services
sectorsectorEnter the lucrative world of Enter the lucrative world of
investment banking and investment banking and financial markets.financial markets.
The option in Finance Emphasizes the development of Emphasizes the development of
theoretical and practical approaches to theoretical and practical approaches to financial managementfinancial management
Security analysis, and Portfolio Security analysis, and Portfolio managementmanagement
Involves the analytical study of money Involves the analytical study of money markets, options and futures, real estate, markets, options and futures, real estate, insurance, and financial institutions. insurance, and financial institutions.
Financial and non-financial institutionsFinancial and non-financial institutionsGovernment and its agenciesGovernment and its agencies
Analytical careersEmployment in bankingEmployment in bankingInsuranceInsuranceInvestmentsInvestmentsPersonal financial planning.Personal financial planning.
Sales careersEmployment in Employment in insurance, securities, insurance, securities, and mutual fund salesand mutual fund sales
Great ScopeGreat Scope
Managerial careersManagerial employment Managerial employment
in the financial services in the financial services industry. industry.
BM /AM /VP /AVPBM /AM /VP /AVP
You should possessStrong analytical skillsStrong analytical skillsQuantitative skillsQuantitative skillsComputer skillsComputer skillsCommunication skills Communication skills
Employers generally seek MBAs with MBAs with strong work ethicstrong work ethicexcellent written and verbal excellent written and verbal
communication skillscommunication skillsan ability to work well with an ability to work well with
others.others.
Area of Specialization Back OfficeBack Office Credit Control & CollectionsCredit Control & Collections Debt InstrumentDebt Instrument DerivativesDerivatives Finance/BudgetingFinance/Budgeting Financial AnalysisFinancial Analysis ForexForex Funds ManagementFunds Management Investment BankingInvestment Banking Investor RelationshipInvestor Relationship Loan/MortgageLoan/Mortgage Money MarketsMoney Markets Rating ServicesRating Services Retail FinanceRetail Finance Shares ServicesShares Services
2 Basic career paths in finance..
1. 1. Managerial financeManagerial finance: : Involves managing Involves managing
the finance function the finance function for businesses in for businesses in the manufacturing the manufacturing and trade industries. and trade industries. These industries These industries make and sell make and sell consumer and consumer and commercial commercial productsproducts. .
2. 2. Financial services Financial services industry:industry:
creates and sells creates and sells financial products financial products or services. or services. Banking, Banking, securities, real securities, real estate, and estate, and insurance are all insurance are all financial service financial service industriesindustries
CAREER PATH 1:MANAGERIAL FINANCE
A career in A career in managerial finance managerial finance can lead to the can lead to the highest levels of the highest levels of the firm firm
Capital Budgeting Analyst/Manager**Capital Budgeting Analyst/Manager**Cash Manager**Cash Manager**Credit Manager*Credit Manager*Financial Analyst*Financial Analyst*Treasurer**Treasurer**Pension Fund Manager**Pension Fund Manager**
CAREER PATH 2:FINANCIAL SERVICES
The financial services industry is The financial services industry is the fastest-growing area in finance. the fastest-growing area in finance.
It offers career opportunities in It offers career opportunities in -Banking-Banking -Securities-Securities -Real estate-Real estate -Insurance. -Insurance.
SECURITIESFinancial PlannerFinancial PlannerInvestment Banker Investment Banker Securities AnalystSecurities AnalystStockbrokerStockbroker
REAL ESTATEMortgage BankerMortgage Banker Real Estate LenderReal Estate LenderReal Estate Agent/Broker(Residential Real Estate Agent/Broker(Residential
and Commercial)and Commercial)Real Estate AppraiserReal Estate AppraiserProperty Real Estate Asset ManagerProperty Real Estate Asset Manager
INSURANCEInsurance Agent/BrokerInsurance Agent/BrokerUnderwriterUnderwriterActuaryActuaryLoss Control SpecialistLoss Control SpecialistRisk ManagerRisk Manager
Let us move over to the Banking sector
now.
An Enthusiastic Banker
Joined the Bank in 1965 as officerJoined the Bank in 1965 as officerManager in 1971Manager in 1971Quick out of turn promotions, Quick out of turn promotions,
based on excellent performancebased on excellent performanceDeputy General manager in 1981Deputy General manager in 1981 Joint General manager & General Joint General manager & General
manager in quick successionmanager in quick successionED & CMD thereafter in 1987ED & CMD thereafter in 1987Youngest Chairman of a PSB at 42Youngest Chairman of a PSB at 42
Who is he?Who is he?
B.RatnakaB.Ratnakarrof of
Canara Canara BankBank
Dynamic!
ELEVATION – SKY IS THE LIMIT BORN in 1961
1982 Graduation and completed ICWA 1984 Joined the bank as Mgmt.Trainee 1993 core member of new setup in the Bank 1994 Elevated as AGM 1996 Got Promoted as DGM 1998 Selected to head a division as GM 2001 Attaining the level of ED 2006 Appointed as Dy. Managing Director 2007 CFO/JMD and 2009 CEO/MD
IDENTIFY this young lady
Ms.CHANDA KOCHHAR MD & CEO
of ICICI Bank Ltd
A Career in banking Will help in
Designing the Destiny of our Nation
Every day, this religious city Every day, this religious city collects Rs 3 crs as offering from collects Rs 3 crs as offering from
devoteesdevotees
Every year, the beaches of GoaEvery year, the beaches of Goa
attract $3 million from foreign tourists
In the last decade, the city of BombayIn the last decade, the city of Bombay
has contributed Rs 3,000 crs to the GDP
From sleepy villages … to small friendly towns … to modern industrial cities …
to the bustling metropolis
… the Banks in India steer all economic activity of the nation
From a small village From a small village farmer …farmer …
in ways we are not even aware of.
everyday, the Banks touch our lives
to a young businessman… to an international entrepreneur
-Decades of building the economy
and changing lives
-Banks are the architects of the nation’s economy
and the Banks’ decisions touch
everyday lives of all Indians.
Opportunities for YOU
… a career in finance
Life with Banks is not just another job. It’s a commitment.
Commitment to serve the nation, where your decisions make an impact on the way the economy and the financial sector in the country evolves.
•
**Banks are attracting job aspirants in a big way
*3 Lakh POs and Clerks in the next 3 years
Bank Organisaional ChartBank Organisaional ChartExecutive Director
General manager
Dy.General manager
Asst General manager
Divisional manager
Senior manager
Manager
Assistant Manager
Officer
MD & CEOChairman
Career path in PSBs
BanksRecruit
For New
branchesRetirement Expansion
BUSINESS GROWTH YEAR DEPOSITS ADVANCES YEAR DEPOSITS ADVANCES (Rs. In crs)(Rs. In crs) 1972 7,610 5,480 1972 7,610 5,480 1980 33,377 (4.7) 22,068 (4.2)1980 33,377 (4.7) 22,068 (4.2) 1990 1,73,515 (5.2) 1,05,450 (4.5)1990 1,73,515 (5.2) 1,05,450 (4.5) 2000 8,13,345 (4.6) 4,35,958 (4.4)2000 8,13,345 (4.6) 4,35,958 (4.4) 2010 44,92,826 (5.3) 32,44,788 (7.4) 2010 44,92,826 (5.3) 32,44,788 (7.4) 2011 58,36,361 (1.3) 40,45,219 (1.2)2011 58,36,361 (1.3) 40,45,219 (1.2) 2012 66,65,580 (1.1) 47,53,783 (1.1)2012 66,65,580 (1.1) 47,53,783 (1.1) 2013 77,00,000 53,00,0002013 77,00,000 53,00,000
(figures in bracket = number of times)(figures in bracket = number of times)
STAFF STRENGTH in BANKS
YEAR PSB OTHERS
1995 997,601 65,0912000 10,06,631 77,6712005 9,00,433 99,4802010 9,26,028 1,33,014
Social Esteem
Skill Enhancement
Banking Offers
Intellectual Fulfillment
Stability
Think Together
Family
Sources for Bank jobsSources for Bank jobsWebsites of BanksWebsites of BanksAdvertisements in Papers, financial Advertisements in Papers, financial
Magazines etcMagazines etcInternet sitesInternet sitesPlacement centresPlacement centresCampus interviewCampus interviewJob referralsJob referralsHR DepartmentsHR Departments
Pursuing a Career in Pursuing a Career in the Banking Industrythe Banking Industry
Who are the Bankers Who are the Bankers looking for youlooking for you
What types of finance What types of finance careers are possible careers are possible
How to get a Bank jobHow to get a Bank job
RBI
Public sector banks
Old generation
Private sector banks
Foreign banks
New Generation
Private sector banks
Which Banks recruit?
Which Banks recruit?
All new banks that are going to be licensed before
Mar 2014.
This year---Vacancies in banksPSBs alone-56000PSBs alone-56000Branch expansion by PSBs-10000Branch expansion by PSBs-100002000 by RRBs2000 by RRBs In 2012-13, PSBs recruited 63000 peopleIn 2012-13, PSBs recruited 63000 people19 NBs alone to have 442 GMs19 NBs alone to have 442 GMs
Development banks
Coop Banks
Foreign Banks
39NEW
Gen Pvt Sec banks
7
Old Gen Pvt Sec Banks
15
RRBs 82
Nationalized banks
20
SBI &
Associates6
BanksIn India
Number of Bank
Branches
PSBs69498
Pvt.Sec Banks13408
RRBs16597
One branch for every 12000 population (approximately)
Classified as Rural, Semi Urban, Urban & Metro (BASING ON SIZE OF THE POPULATION)
New Gen Private Sector Banks 1. ICICI Bank Ltd.
2. HDFC Bank Ltd.
3. Development Credit Bank Ltd.
4. IndusInd Bank Ltd.
5. Kotak Mahindra Bank Ltd.
6. Axis Bank (earlier UTI Bank)
7. Yes Bank Ltd.
Old Private Sector Banks 1. Bank of Rajasthan 1. Bank of Rajasthan
Ltd. Ltd.
2. Catholic Syrian 2. Catholic Syrian Bank Ltd. Bank Ltd.
3. City Union Bank 3. City Union Bank Ltd. Ltd.
4. Dhanalakshmi 4. Dhanalakshmi Bank Ltd. Bank Ltd.
5 Federal Bank Ltd 5 Federal Bank Ltd
6. ING Vysya Bank Ltd. 6. ING Vysya Bank Ltd.
7. Jammu and 7. Jammu and Kashmir Bank Ltd Kashmir Bank Ltd
8 Karnataka Bank Ltd. 8 Karnataka Bank Ltd.
9. Karur Vysya Bank 9. Karur Vysya Bank Ltd.Ltd.
10. Lakshmi Vilas 10. Lakshmi Vilas Bank Ltd. Bank Ltd.
Public Sector Banks 1. Allahabad Bank 1. Allahabad Bank
2. Andhra Bank 2. Andhra Bank
3. Bank of Baroda 3. Bank of Baroda
4. Bank of India 4. Bank of India
5. Bank of Maharashtra 5. Bank of Maharashtra
6. Canara Bank 6. Canara Bank
7. Central Bank of India 7. Central Bank of India
8. Corporation Bank8. Corporation Bank
9. Dena Bank 9. Dena Bank
10. Indian Bank10. Indian Bank
11. Indian Overseas Bank 11. Indian Overseas Bank
12. Oriental Bank of 12. Oriental Bank of Commerce Commerce
13. Punjab and Sind Bank 13. Punjab and Sind Bank
14. Punjab National Bank 14. Punjab National Bank
15. Syndicate Bank 15. Syndicate Bank
16. UCO Bank 16. UCO Bank
17. Union Bank of India 17. Union Bank of India
18. United Bank of India 18. United Bank of India
19. Vijaya Bank 19. Vijaya Bank 20. Industrial Development 20. Industrial Development
Bank of India (IDBI) Ltd Bank of India (IDBI) Ltd
Associates of SBI1. 1. State Bank of Bikaner & Jaipur 2. State Bank of Hyderabad 3. State Bank of Mysore 4 State Bank of Patiala 5. State Bank of Travancore
Foreign Banks in IndiaForeign Banks in India ABN-AMRO Bank N.V ABN-AMRO Bank N.V
Abu Dhabi Commercial Bank Ltd. Abu Dhabi Commercial Bank Ltd.
American Express Bank Ltd. American Express Bank Ltd.
Barclays Bank PLC Barclays Bank PLC
BNP Paribas BNP Paribas
Citibank N.A. Citibank N.A.
DBS Bank Ltd DBS Bank Ltd
Deutsche Bank AG Deutsche Bank AG
HSBC Ltd. HSBC Ltd.
Standard Chartered Bank Standard Chartered Bank
State Bank of Mauritius Ltd. State Bank of Mauritius Ltd.
Career in BankingCareer in Banking Banking is one of the most sought after career Banking is one of the most sought after career
choice choice Entry into a well paid, secure and status Entry into a well paid, secure and status
career. career. Not necessarily for commerce/economics Not necessarily for commerce/economics
students alonestudents alone Majority of bank officers are from different Majority of bank officers are from different
streams of education. streams of education. Bright graduates from any subject can get Bright graduates from any subject can get
entry in the PSBs through an All India entry in the PSBs through an All India Examination conducted by them.Examination conducted by them.
Banks are now appointing MBAs, CAs and Banks are now appointing MBAs, CAs and CFAs alsoCFAs also
PSBsPSBs
IBPS conducts online exam twice a year
For clerks & officers for 20 PSBsThe score card given is valid for
one yearThe card to be submitted to the
concerned bank with the application form.
Test of General
awareness50 marks
Test of english
25 marks
Test of Numerical
ability50 marks
Test of Reasoning50 marks
Computer Knowledge50 marks
Online exam
Descriptive paper
in english-25 marks Precis writing,
Comprehension,Essay
Total marks -225+25= 250
Types of JobsTypes of Jobs Marketing executivesMarketing executives Financial analystsFinancial analysts Information technology specialistsInformation technology specialists HR Trainers/ Functional trainingHR Trainers/ Functional training Investment counsellorsInvestment counsellors Insurance consultants (Bancassurance)Insurance consultants (Bancassurance) Merchant banking activitiesMerchant banking activities Factoring & Forefaiting/Leasing activitiesFactoring & Forefaiting/Leasing activities Out sourcing of activities (ATM, Data entry)Out sourcing of activities (ATM, Data entry) International TradeInternational Trade
Opportunities in Commercial banks Investment bankingInvestment banking Retail bankingRetail banking Financial managementFinancial management AccountancyAccountancy AuditingAuditing SecuritiesSecurities CommoditiesCommodities Financial services sales. Financial services sales. Financial analysisFinancial analysis Credit analysisCredit analysis Marketing of Insurance , MFs, Gold etc Marketing of Insurance , MFs, Gold etc
Types of Banking positions
Banking
Investment,,
Commercial
Merchant
Corporate Finance
Sales & Trading
Asset Management
Treasury
Sale of Insurance,Mutual Funds Products
IT related
Investor Investor RelationsRelations
Strategic Strategic PlanningPlanning
CRM
SpecialPositions
ResearchResearch & & ConsultancyConsultancy
Portfolio Portfolio ManageManagementment
BulkBulkLendingLending
Types of BankingTypes of Banking positionspositions
WealthWealth managementmanagement
Broader ScopeTech savvy new private sector
banks have broadened the scope and range of banking services:
--Mutual funds --Securitisation business --Credit cards --Consumer loans --Housing loans --Trading in gold and forex business
Foreign/ Private sector Foreign/ Private sector BanksBanks
To join at higher than entry level one To join at higher than entry level one needs specialisation in some specific needs specialisation in some specific areas. areas.
Examples: Expertise in project analysis, Examples: Expertise in project analysis, credit appraisal skills, managing huge credit appraisal skills, managing huge loan portfolios, Foreign exchange.loan portfolios, Foreign exchange.
Good computer knowledge is always Good computer knowledge is always preferred.preferred.
Scope
Need for front office personnelRelationship managersCustomer Relation officersSupervisors who handle most back
office operations like completion of transactions, general ledger work
Branch Managers
Attractive salary packages
PSBs –Rs.20000+ Private sec.bks-Rs.25000+ FBs –Rs.30000+
Remuneration PackageRemuneration PackageThis will vary from Bank to BankThis will vary from Bank to BankPublic sector will have uniform pay scales Public sector will have uniform pay scales
for routine jobsfor routine jobsSpecialist qualification will attract higher Specialist qualification will attract higher
emolumentsemolumentsStart pay could be from Rs.1.2 lakhs for Start pay could be from Rs.1.2 lakhs for
clerical cadre and Rs. 2.2 lakhs for officersclerical cadre and Rs. 2.2 lakhs for officers In majority of cases, the package will be on In majority of cases, the package will be on
merits, qualifications, experience, merits, qualifications, experience, challenges etcchallenges etc
Performance based incentivesPerformance based incentives
IFBI –Institute of Finance, IFBI –Institute of Finance, Banking & InsuranceBanking & Insurance
4 month Post Graduate Diploma in Banking+ at 4 month Post Graduate Diploma in Banking+ at IFBI IFBI
100% Placement assistance for private sector 100% Placement assistance for private sector banks. banks.
Age:<25 yrs (Born on or after :1st August 1989)Age:<25 yrs (Born on or after :1st August 1989) 4 month intensive career program.4 month intensive career program. > 50% in X , XII and Graduation> 50% in X , XII and Graduation 1 year gap allowed 1 year gap allowed Final year graduate students can also applyFinal year graduate students can also apply
GROWTH POTENTIAL““The sector could grow 16%-to-24% per The sector could grow 16%-to-24% per
annum year-on-year for the next decade. annum year-on-year for the next decade. That means by 2020, we as a sector can be That means by 2020, we as a sector can be five times what we are today. five times what we are today. So the growth So the growth opportunity is hugeopportunity is huge””
"We have to focus more on using capital "We have to focus more on using capital better, using money better and using our better, using money better and using our human resources better”.human resources better”.
--Ms.Chanda Kochhar, MD & CEO, ICICI --Ms.Chanda Kochhar, MD & CEO, ICICI BankBank
GROWTH POTENTIAL "The total No.of "The total No.of new-generationnew-generation customers customers
who are in the working age group and who are who are in the working age group and who are going to join the banking sector, going to join the banking sector, NextGenNextGen customerscustomers is is 400 mn.”400 mn.”
"The number of new customers who are "The number of new customers who are
actually next-generation customers getting actually next-generation customers getting added to the banking sector added to the banking sector is equal to the is equal to the total number of customers total number of customers whom we are now whom we are now catering to. That’s huge.”catering to. That’s huge.”
-- -- Mr. M.V.Nair Mr. M.V.Nair of Union Bank of Indiaof Union Bank of India
Boston Consulting Group on BANKING PERSONNEL REQUIREMENT
““The banking industry will need to hire The banking industry will need to hire 9-9-11 lakh employees over the next five 11 lakh employees over the next five years” years”
SBI to recruit 6,000SBI to recruit 6,000 this year this yearIn total, 1.8 lakh retiring employees will be In total, 1.8 lakh retiring employees will be
replaced. replaced. Depending upon the productivity growth, Depending upon the productivity growth,
the the industry will need 2.5-4.5 lakh industry will need 2.5-4.5 lakh additional people additional people for growth in businessfor growth in business
Boston Consulting Group Report On attrition
12% in PSBs within the year 22% in new generation priv sec banks 20% in old private sector banks PSBs are not losing their fresh hires in large numbers.
Boston Consulting Group On work culture
Clearly, there is an element of public sector culture and work environment that is working for the fresh hires to stay
Boston Consulting Group On compensation
PSBs may not be facing attrition today because relative compensation at junior levels is good.
PUBLIC SECTOR BANKS-FOCUS
PSBs are now focusing on Special Training Programs Fast-track promotions Preferred location posting Job rotations Structured Promotion Policy
ELEVATION – SKY IS THE LIMIT MR.ANUP SANKER BHATTACHARYA AGRI GRADUATE 1970 FROM KALYANI UNIVERSITY
(NORTH) 1971-1992 JOINED TRAINEE OFFICER IN UNITED BANK
OF INDIA AND WORKED IN DIFFERENT BRANCHES 1992 BRANCH HEAD 1992-1994 REGIONAL MANAGER 1994-1999 SECRETARY TO CMD OF THE BANK 1999-2004 DEPUTY GENERAL MANAGER 2004-2008 GENERAL MANAGER 2008-2010 ED OF INDIAN BANK 2010-2012 CMD OF BANK OF MAHARASTRA AND DIRECTOR OF IBPS
No dearth of opportunities Enjoy the work Set goals & become leaders at
young ageBe committed, dedicated and
sincere, to go up the ladder
CARRY THE CARRY THE BASKETBASKET
B-- BEHAVIOURB-- BEHAVIOURA-- ATTITUDEA-- ATTITUDES-- SKILLS-- SKILLK-- KNOWLEDGEK-- KNOWLEDGEE-- EMOTIONE-- EMOTIONT-- TALENTT-- TALENTSUCCESS WILL BE YOURS.SUCCESS WILL BE YOURS.
““You were born to You were born to Succeed!Succeed!
Success is Success is Nature’s law.”Nature’s law.”
What the Banks expect from You?What the Banks expect from You?How to present your resume ?How to present your resume ?How articulate, you should be, in How articulate, you should be, in GD ?GD ?Assertiveness ..the watchword Assertiveness ..the watchword for Interviews.for Interviews.
Career Opportunities in Banking
Banks look forBanks look for……………………
Good communication skillsGood communication skillsExcellent interpersonal skillsExcellent interpersonal skillsAbility to deal with customersAbility to deal with customersAlert natureAlert natureBasic knowledge of the industry.Basic knowledge of the industry. Decision making skillsDecision making skillsLeadership qualitiesLeadership qualities
What the Banks expect from you ?What the Banks expect from you ? An in depth thorough knowledge An in depth thorough knowledge Articulating abilityArticulating ability Aggressiveness & AssertivenessAggressiveness & Assertiveness Capacity to ConvinceCapacity to Convince Command over 2/3 languagesCommand over 2/3 languages Writing skillWriting skill Presentation skillsPresentation skills Common sense Common sense Presence of Mind with Pleasant mannersPresence of Mind with Pleasant manners
Expectations of these Banks from youExpectations of these Banks from you
PGPBM withPGPBM with::Knowledge of the Banking IndustryKnowledge of the Banking IndustryCommitment to the industry and BankCommitment to the industry and BankHigh I.Q and basic skillsHigh I.Q and basic skillsAbility to add value Ability to add value immediatelyimmediatelyPersonality traits that enhance teamPersonality traits that enhance team
Intelligence and Basic SkillsIntelligence and Basic SkillsYou should have proven: You should have proven:
IntelligenceIntelligenceAnalytical & problem solving skillsAnalytical & problem solving skillsOral & written communication skillsOral & written communication skillsTeamwork and leadership skillsTeamwork and leadership skillsOrganization skills and results orientationOrganization skills and results orientationFocus complemented by ability to see the Focus complemented by ability to see the
whole picturewhole pictureCustomer impact (internally and/or externally)Customer impact (internally and/or externally)
Personality Traits toPersonality Traits toEnhance TeamEnhance Team
You will enhance the working You will enhance the working environment and team effectiveness as environment and team effectiveness as a result of your :a result of your :MaturityMaturityConfidence (complemented by humility)Confidence (complemented by humility)Poise and presencePoise and presenceSense of humorSense of humorEmotional IQEmotional IQ
How to get a bank JobHow to get a bank JobStudents will get jobs if they:Students will get jobs if they:
Prepare well;Prepare well;Use initiative and polite Use initiative and polite
persistence;persistence;Show skills, characteristics, Show skills, characteristics,
commitment and confidence commitment and confidence employer is looking for.employer is looking for.
Practical orientationPractical orientation
PreparationPreparationPrepare personal inventory of relevant Prepare personal inventory of relevant
strengths, weaknesses, and ways in strengths, weaknesses, and ways in which you can add value immediatelywhich you can add value immediately
Research the Banking industry, Research the Banking industry, companies and types of jobs in which you companies and types of jobs in which you are interested are interested
Keep up with the market and current Keep up with the market and current events by reading the financial dailies and events by reading the financial dailies and other periodicalsother periodicals
Preparation (contd)Preparation (contd) NetworkNetwork with friends, family, classmates, with friends, family, classmates,
alums, old colleagues, etcalums, old colleagues, etc Prepare for interviews:Prepare for interviews:
Anticipate interview questions and Anticipate interview questions and practice responses;practice responses;
Think of selling points you want to Think of selling points you want to stress;stress;
Be prepared to provide examples to Be prepared to provide examples to support your points; andsupport your points; and
Think of good questions to ask the Think of good questions to ask the interviewer.interviewer.
PGPBM & The “Efficient Manager”PGPBM & The “Efficient Manager” In the modern business worldIn the modern business world1.1. it is important to be an efficient ‘Manager'.it is important to be an efficient ‘Manager'.2.2. In almost every field of business, the role of a In almost every field of business, the role of a
skilled manager is undeniable. skilled manager is undeniable. 3.3. PGPBM degree is one among the most widely PGPBM degree is one among the most widely
recognized post graduate degreerecognized post graduate degree4.4. PGPBM is meant for those who have the urge PGPBM is meant for those who have the urge
to make it BIG in business and management. to make it BIG in business and management. 5.5. PGPBM is a globally recognized professional PGPBM is a globally recognized professional
course, which is taught in recognized B-course, which is taught in recognized B-Schools of the world. Schools of the world.
Younger generation is:: Younger generation is:: - always on the lookout for - always on the lookout for
something exciting and better something exciting and better - does not want to be limited - does not want to be limited
in its choice of careers. in its choice of careers. - following the strategy of - following the strategy of
experimenting with experimenting with professionsprofessions
- the options seem almost - the options seem almost unlimitedunlimited
Price Waterhouse Coopers report::Price Waterhouse Coopers report::
1. The size of India's economy 1. The size of India's economy would grow to 90% of the US by would grow to 90% of the US by
2050. 2050.
2.China could overtake US by 2025 2.China could overtake US by 2025 to become the world's largest to become the world's largest
economy and will continue to grow economy and will continue to grow to around 130% of the size of the to around 130% of the size of the
US by 2050 US by 2050
From Ashok From Ashok Kumaramangalam Birla to Kumaramangalam Birla to
Chadha Kochar are all MBAs. Chadha Kochar are all MBAs. In ICICI Bank, all the top posts In ICICI Bank, all the top posts
are held by MBAs.are held by MBAs.
EMPLOYABILITY SKILLS GAINED EMPLOYABILITY SKILLS GAINED BY MBAsBY MBAs
Academic achievementAcademic achievement: demonstrates application and high : demonstrates application and high standards of performance; standards of performance;
Communication skillsCommunication skills: listening, speaking carefully and : listening, speaking carefully and clearly, the ability to put across your arguments fluently in clearly, the ability to put across your arguments fluently in writing; writing;
AnalysisAnalysis: distinguishing relevant from irrelevant information, : distinguishing relevant from irrelevant information, identifying issues and problems; identifying issues and problems;
CommitmentCommitment: seriousness of purpose, demonstrated both by : seriousness of purpose, demonstrated both by taking time out from your career on a reduced salary (or no taking time out from your career on a reduced salary (or no salary) in order to improve your qualifications and by salary) in order to improve your qualifications and by combining work and part-time study;combining work and part-time study;
PracticalityPracticality: realism, ability to set attainable goals; : realism, ability to set attainable goals; MaturityMaturity: tenacity, independence, organisation; : tenacity, independence, organisation;
EMPLOYABILITY SKILLS GAINED BY MBAs EMPLOYABILITY SKILLS GAINED BY MBAs (contd..)(contd..)
DecisivenessDecisiveness: fact-finding skills, clarity, : fact-finding skills, clarity, judgement, courage; judgement, courage;
Intellectual creativityIntellectual creativity: the ability to develop new : the ability to develop new concepts and ideas; concepts and ideas;
Capacity for hard workCapacity for hard work: embodying self-: embodying self-motivation, self-discipline and time management; motivation, self-discipline and time management;
Group skillsGroup skills: : teamworkteamwork, leadership, ability to , leadership, ability to motivate others; motivate others;
The mastery of IT skillsThe mastery of IT skills: knowledge of statistical : knowledge of statistical packages, spreadsheets, databases and packages, spreadsheets, databases and programming languages;programming languages;
Cross-cultural awarenessCross-cultural awareness: : working with fellow-working with fellow-students from many different nationalities and students from many different nationalities and backgrounds.backgrounds.
Additional Additional skills to a high level through an skills to a high level through an MBA:MBA:
The ability to The ability to overcome difficultiesovercome difficulties and to and to solve problemssolve problems;;
To beTo be independent independent and to have developed the and to have developed the skill of skill of managing your own time and workmanaging your own time and work;;
To be capable of To be capable of original and creativeoriginal and creative thought;thought;
To To argue your case with logicargue your case with logic and and not to be not to be easily dissuadedeasily dissuaded by the views of others. by the views of others.
SkillsSkills (required) to be acquired::- (required) to be acquired::- Communication Communication
(Body language, (Body language, Listening )Listening )
Interpersonal Interpersonal relationshipsrelationships
Team buildingTeam building Leadership Leadership
qualitiesqualities Presentation skillsPresentation skills
Rapid reading skillsRapid reading skills Analytical thinkingAnalytical thinking Positive attitudePositive attitude SWOT AnalysisSWOT Analysis To learn & cultivate To learn & cultivate
Business & Business & workplace workplace etiquettesetiquettes
MemoryMemory
CAREER PATH 1:CAREER PATH 1:
1. FINANCIAL SERVICES1. FINANCIAL SERVICES2. BANKING2. BANKING a. Loan Officera. Loan Officer b. Credit Analystb. Credit Analyst c. Risk Managerc. Risk Manager d. Branch Managerd. Branch Manager e. IT Managere. IT Manager
CAREER PATH 2:CAREER PATH 2:SECURITIESSECURITIES a. a. Financial PlannerFinancial Planner b. Investment Bankerb. Investment Banker c. Securities Analystc. Securities Analyst d. Stockbrokerd. Stockbroker
CAREER PATH 3CAREER PATH 3REAL ESTATEREAL ESTATE Mortgage BankerMortgage Banker Real Estate LenderReal Estate Lender
Banking areasBanking areasTo join foreign or private sector banks at To join foreign or private sector banks at
higher than entry level one needs higher than entry level one needs specialisation in some specific areas. For specialisation in some specific areas. For example expertise in project analysis, example expertise in project analysis, credit appraisal skills, managing huge credit appraisal skills, managing huge loan portfolios and foreign exchange.loan portfolios and foreign exchange.
Good computer knowledge is always Good computer knowledge is always preferred.preferred.
Recently, 2 MBAs from XLRI were Recently, 2 MBAs from XLRI were recruited by 2 Foeign Banks at a CTC recruited by 2 Foeign Banks at a CTC level of Rs. 1 cr & 1.2 crs respectivelylevel of Rs. 1 cr & 1.2 crs respectively..
Banking JobsBanking Jobs
MBAs recruited by private and MBAs recruited by private and foreign banks are given plum foreign banks are given plum packages to the extent of about packages to the extent of about Rs 25000-30000 a month.Rs 25000-30000 a month.
Be a TQI…Be a TQI…TOTAL QUALITY INDIVIDUALTOTAL QUALITY INDIVIDUAL
KNOW yourselfKNOW yourself TIME MANAGEMENTTIME MANAGEMENT Your SWOT ANALYSISYour SWOT ANALYSIS YOUR Clear OBJECTIVESYOUR Clear OBJECTIVES NEVER COMPROMISE IN ACQUIRING NEVER COMPROMISE IN ACQUIRING
KNOWLEDGEKNOWLEDGE FEEDBACK & REVIEWFEEDBACK & REVIEW
On TQI, On TQI, Swami Vivekananda said:Swami Vivekananda said:
“Each individual is himself “Each individual is himself responsible for making his life. He responsible for making his life. He
should concentrate on his goal should concentrate on his goal and should not rest until it is and should not rest until it is
achieved. Our Young men must be achieved. Our Young men must be strong” strong”
A Fresher’s resume A Fresher’s resume Statement of Objective Statement of Objective Achievements so far including ITAchievements so far including IT Your StrengthsYour Strengths Experience through Internships Experience through Internships /Projects/Projects Educational backgroundEducational background Address for CommunicationAddress for Communication email id Cell Numberemail id Cell Number
How to create a resume ?How to create a resume ? Presentation :Presentation : Neatly typed on Good paperNeatly typed on Good paper Not more than two pages (max)Not more than two pages (max) Avoid grammatical and spelling Avoid grammatical and spelling errorserrors Two References should be given Two References should be given of which one could be your of which one could be your Professor & MentorProfessor & Mentor Your signatureYour signature
Expectations from a GDExpectations from a GD Your extensive reading habitYour extensive reading habit Your interest in current affairsYour interest in current affairs Your ability to discuss with Your ability to discuss with smiling facesmiling face Your ability to convince people Your ability to convince people with valid argumentswith valid arguments Your hidden leadership capacityYour hidden leadership capacity
Assertiveness ..Assertiveness ..the watchword for Interviewsthe watchword for Interviews
Before the InterviewBefore the InterviewOn the day of the Interview On the day of the Interview After the interviewAfter the interview
Assertiveness ..the watchword Assertiveness ..the watchword for Interviews…Beforefor Interviews…Before
Name of the interviewer Name of the interviewer Organisational structure Organisational structure Divisions/departments that interest you Divisions/departments that interest you Products/Services Products/Services Training Programs Training Programs Size of company Size of company Career path Career path
Assertiveness ..the watchword Assertiveness ..the watchword for Interviews…… Beforefor Interviews…… Before
How long have they been in business How long have they been in business Types of customers Types of customers Growth in the past and future potential Growth in the past and future potential Job description & job title Job description & job title New products and services they are New products and services they are
developing developing Employee benefits Employee benefits Geographic location of Head office, branches Geographic location of Head office, branches
Assertiveness ..the watch word for Assertiveness ..the watch word for Interviews….BeforeInterviews….Before
Sample QuestionsSample QuestionsHow would you describe yourself? How would you describe yourself? What are your short term & long term Goals What are your short term & long term Goals How are you preparing yourself to achieve How are you preparing yourself to achieve
them? them? Company expectationsCompany expectations Attire maketh’ a manAttire maketh’ a man
Assertiveness ..the watch word for Assertiveness ..the watch word for Interviews….On the day of InterviewInterviews….On the day of Interview
Good body languageGood body languageBe comfortable Be comfortable Listen attentivelyListen attentivelyAvoid nervous mannerismsAvoid nervous mannerismsSpeak clearlySpeak clearlyBe positive and enthusiasticBe positive and enthusiastic
Assertiveness ..the watch word for Assertiveness ..the watch word for Interviews….On the day of Interviews….On the day of
InterviewInterviewAt the end of the interview, Say thanksAt the end of the interview, Say thanks
Follow up for positive resultsFollow up for positive results
To attain SuccessTo attain Success1.1. Re-evaluate and re-examine your purpose Re-evaluate and re-examine your purpose 2.2. Believe in your abilities Believe in your abilities 3.3. Plan, visualize, imagine, and 'picturize' Plan, visualize, imagine, and 'picturize'
your future your future 4.4. Use ink, the missing link Use ink, the missing link 5.5. Move into motion Move into motion 6.6. Be resolute and determined Be resolute and determined 7.7. Do these daily! Do these daily!
DO IT, by All Means.
It is your Journey.It is your Journey.Make it an Excellent one.Make it an Excellent one.
ALL THE BESTALL THE BEST