Career in Banking
Career Prospects in Banking Industry
Banking offers wide career opportunities to the candidates. The career options available are discussed as below :-
Merchant banking : Merchant banking refers to investment management. The candidate have to manage mutual funds, public issues, trusts, securities and international funds. The work also include dealing with the corporate clients and providing them financial advice on various issues like - mergers, acquisitions, public issues, capital structure decisions etc.
Treasury and Forex functions : With the increase in popularity of Forex flow in the country the career opportunities are increasing and the international markets are funding the operations of the corporates in India. In a forex marketing job, which is an interbank job, a person needs to assess various markets on the behalf of the bank to advise corporates or other banks who need foreign currency. The job requires one to be constantly updated about the policies of the regulatory bodies, monitoring the current prices, making predictions based on analysis of trends etc.
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