Banking as a profession and career choice is a very sound option in itself. A job in the banking sector gives people long-term job satisfaction. This may be the reason why the number of young people wanting to enter the banking sector continues.
Great career advancement is guaranteed in this line, whether in a private bank or a government agency. The Indian economy is currently thriving, which has led to significant and organic growth in the banking sector. With such a boom in the sector, finding career opportunities here is never the wrong choice.
Combining banking and engineering may seem abrupt when you first hear about it, but many people have chosen careers that combine the two, and the results have been positive.
Jobs in the banking sector include technologies such as mobile banking, ATM, internet banking and card management systems. Engineers usually have a strong technical background and understand software very quickly, which is why they have proven to be very efficient in this area.
Also Read: 6 reasons why engineering careers are rising in India
There are other reasons why moving to the bank after completing engineering is a win-win option.
There is a common story among thousands of students in India that they tend to choose engineering because they are good at science or because they are not under peer pressure. The urge to be an engineer wasn’t very natural, so sooner or later they realize they don’t belong in that field and look for a switch. In such a situation, banking transactions with favorable results are the best option. Banks offer world-class job opportunities to skilled individuals. If you have the same good career opportunities as before, why not take advantage of them?
After engineering, if you want to pursue a career in banking but don’t want your job to be typical, worry no more as there are various sub-options to explore in this line. You can choose to work or work in the public sector. To enhance your knowledge and advance your career in a particular field, you can also pursue a degree in that field. Here are some of the most popular options you can choose for working professionally.
- agricultural field officer
- investment banker
- IT officer
- Chief Financial Analyst
- business analyst
- Certified Financial Planner (CFP)
Also Read: 5 reasons to study engineering for a better future
For an individual interested in a job profile, the most important thing for him is job security. Anyone who spends a lot of time in their profession would think that there is no need to worry about the future. Banks are a safe place to work because money never leaves and a large portion of the population depends on them. Not only this, civil servants in this industry receive various perks such as low interest rates on loans, housing, compensation and tips, further enhancing stability and job security.
A major digital transformation taking place in the banking sector
It has been over 30 years since major Indian sectors moved from traditional data retention and storage methods to highly technological methods. As the country becomes more and more digital, its core banking sector is undergoing a massive digital transformation process. They are software that replaces many old patterns, Internet banking has risen, countries have become cash-free, and many other small big changes. The engineer’s educational journey is about technological advances and new innovations that help him easily adapt to the banking sector, and his hands-on thinking makes him perform better in numbers, net banking, and software upgrades. can.
Banking is a field that is always looking for talented individuals who can introduce innovation and expansion ideas. And as the sector evolves, new job titles and multiple sub-categories emerge, creating endless opportunities for growth. Individuals can spread their wings both horizontally and vertically, from low-level roles to high-level roles, and with different segments handling multiple and varied tasks. Banks provide a modern framework for a range of growth opportunities at the team and organizational level to quickly adapt to the workplace of the future. When a bank wants to hire internally, the industry has learned to explore talent adjacencies so it can match talent to new opportunities.
Also Read: Top 10 Career Options After PhD in Civil Engineering
The last word-
Engineers already have the skills they need to excel in the banking sector, such as practical thinking, rapid processing of data and numbers, and analytical skills. The field is growing and doing so well that it is now seen by engineers as a venue for massive career growth. So, if you’re in the early or late stages of engineering confusion, stop overthinking it and try to secure an engineering course at Chitkara University.
Chitkara University offers engineering programs precisely focused on growing analytics and improving overall knowledge, with no shortage of industry benefits.