Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

Is banking a good career option?

user-image
Question added by Rahaf Masri , Account Sales Director , MT3 Digital
Date Posted: 2015/06/22
Deleted user
by Deleted user

Banking has always been one of the "Desired" career options by many career aspirants across the world. Banking has been, is and will remain a good career option as long as the concept of "Money" and "transactions" exist.

While your question in general may relate to "Commercial banking" , there are many sub-disciplines within banking which provide multiple career options to those who seek a long term career,

While the major disciplines may be outlined as Commercial Banking, Investment Banking and International banking, the disciplines within each of these major categories has exploded.

For example - under commercial banking - the distinct career options may relate to consumer or retail banking, corporate banking and  private banking (wealth management). Or it can be categorized as conventional bank finance or Islamic bank finance (again a speciality which as exploded in the last10 years and is a major career option in the Middle East.

You may also further specialize as  a career in only "Credit cards" or "Fixed income Products" or "Saving schemes" etc.

Investment banking and International banking have always been a hot favourite among top notch B school graduates and also Engineers!

To summarise, banking has always been a good career option, but it may also be worthwhile to know that along with good remuneration and recognition, it also brings lot of pressure , as it is a target driven environment, and those who can stay competitive and keep up with the stress of working on quarterly and annual targets, should choose banking as a career. Along with the many positive stories that you hear, there are lot of youngsters and mid career professional who broke down or stepped out of this Field , unable to cope up. Thus , along with professional competence, one also needs to have a strong personality to withstand the pressures and politics within the banking Industry.

Deleted user
by Deleted user

The banking business is always a good option to work

The stability of functional and financial employee

 

And constantly evolving

More Questions Like This

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.