5 answers
5 answers
Updated
Richard’s Answer
Overall a Finance degree is your best bet. Now there are different types of consumer lending & institutions, mortgage finance, etc.... But overall Finance degree will cover all the bases for banking & lending.
Updated
Simeon’s Answer
I would recommend that you take courses in finance specifically with accounting courses as well. Finance courses will give you a much more nuanced idea of how money works, grows over time, and is managed. Accounting courses will show you the different types of assets a company controls and how it affects the nature of the business. Both skills are necessary for career bankers.
When you are able to start working, see if you can get a job as a teller at a small bank or credit union. You will get much more practical experience at a smaller institution and might find some opportunities for yourself to move up. Either way, I would recommend making friends with your coworkers and keeping up with them. If you are looking to become a manager, the sooner you can start building friendships with people in the industry, the better. You'll likely need a degree in accounting or finance, but not necessarily. Keep networking with your fellow students throughout school and then try to land a good internship in banking and network there as well. It's not uncommon to get hired by a company that gave you an internship in the past, so try to keep that relationship going.
When you are able to start working, see if you can get a job as a teller at a small bank or credit union. You will get much more practical experience at a smaller institution and might find some opportunities for yourself to move up. Either way, I would recommend making friends with your coworkers and keeping up with them. If you are looking to become a manager, the sooner you can start building friendships with people in the industry, the better. You'll likely need a degree in accounting or finance, but not necessarily. Keep networking with your fellow students throughout school and then try to land a good internship in banking and network there as well. It's not uncommon to get hired by a company that gave you an internship in the past, so try to keep that relationship going.
Are there any specific courses you would recommend this student take?
Gurpreet Lally, Admin
Gotcha. Made the updates. I tend to focus in on networking so much I can miss the question sometimes. Thank you for the feedback!
Simeon Snow
Updated
Satish’s Answer
To become a bank manager, get a college degree in finance, accounting, business administration, or a related field. An MBA in finance or accounting may also be required.
After completing your graduation you need to give an Bank PO exams that are conducted by the Institute of Banking Personnel Selection. You need to give this exams and need to pass the exam. After clearing the exam one gets appointed as the Officer
After completing your graduation you need to give an Bank PO exams that are conducted by the Institute of Banking Personnel Selection. You need to give this exams and need to pass the exam. After clearing the exam one gets appointed as the Officer
Updated
Glenn’s Answer
I found some interesting articles regarding this. The field appears to revolve around accounting, business administration, and finance. So I would imagine that focusing on these areas will assist in achieving a position as a bank manager. As with any job, having experience is a NECESSITY. You should pursue a role in retail banking such as a bank teller. Gaining tactical knowledge on the business operations of a bank will reward you with the necessary skills and attitudes required to become a bank manager.
http://study.com/articles/How_to_Become_a_Bank_Branch_Manager_Education_and_Career_Roadmap.html
http://study.com/articles/How_to_Become_a_Bank_Branch_Manager_Education_and_Career_Roadmap.html
Updated
Rebecca’s Answer
There are many different business in a Bank, e.g. Retail Banking, Wealth Management, Financial Markets, Corporate Banking, etc. At the same time, there are different departments (e.g. Human Resources, Administration, Operations, etc.)
It would subject to what business and department you are interested on. For example, if you are interested on working in Financial Markets, you may need a Finance degree with good mathematic knowledge. For Corporate Banking, you may need to have business or accounting degree.
After entering the banking industry, to move to a manager role, you may need polish your knowledge on management. I would suggest you take a MBA degree after having a few years working experience.
Hope this helps!
It would subject to what business and department you are interested on. For example, if you are interested on working in Financial Markets, you may need a Finance degree with good mathematic knowledge. For Corporate Banking, you may need to have business or accounting degree.
After entering the banking industry, to move to a manager role, you may need polish your knowledge on management. I would suggest you take a MBA degree after having a few years working experience.
Hope this helps!