Professional careers in Banking industry


 








It is often assumed that a graduate in banking and financing discipline  has the ultimate goal of working in the bank but this is not far from the truth; the banking Hall is not the only place for a banker to work.

Banking has become an attractive careers for lot of people who have not traditionally consider the field.

A recent survey on the Labour Market had shown that banking industry had increasingly becoming highly employers of 65% of the Labour force and most graduates either from banking or other disciplines are desirous to work in the bank.

This is mainly because of some reasons one might absolutely thought of.

People want to work in the back because;

- the attractive earning at the end of the month. Research had told us that bankers do earn at least 2500 - 3000Ng per day which might escalated to 90,000Ng in a month.

- Miscellaneous Packages  - this may include housing allowance, transport allowance, feeding or it might come by giving their workers official cars,  official houses which a certain percentage will deducted from their monthly salary.

- Others include high cost of living,  dressing and appearance, conducive working place an so on.


Since all bankers can not work in a bank; there are other job opportunities opening to a banker can work.

Other places to work in the banking industry include;



Bureau De' Change

This is a non - bank financial institution that is licensed to participate in the foreign exchange in 1986 as buyers and sellers cannot participate in foreign exchange bidding. A banker can work as a bureau de changer or manage the firm.




Finance Houses

Their main functions is to provide loan to the business or individuals and also specializes in assets acquisition and collection of business accounts. Bankers here should be conversant and have a sound knowledge in Finance.



Stock Brooking firm

Firms deals in securities by acting a an intermediary between the buyer and the seller. Stock Brooking firms do not employ people unless those who are with a certificate in stock brooking professional examination.



Auditing Firms

This is a company who prepare business, organization, banks, schools accounting books. They help in preparation of account either the business is a lucrative business or the profits and loss of the business. Bankers who wants to work here should hold a certificate in cibn and other accounting professional courses.



Investment Analysis

A banker can also work as investment analyst,  consultant, advisor to individuals and cooperate bodies. This could be with regards to setting objectives, financial planning and privatization of public enterprise.




Portfolio management

This involves the selection, retention and disposal of certain securities and stock in a portfolio so as to achieve a return commensurate with the risk of the investors.



Banking profession is one of the most attractive job people ever wished for. Working in the banking hall should not stick to a banker's agenda as it might not happen to be as expected. Do explore other opportunities in the industry. The above points will guide you choosing wisely, a place to work other than the banking Hall.

NB: Women are not encourage to be a  banker because they had less family Caring, high cost of sexual harassment, Caring pregnancy or baby to the banking Hall might not be allowed.

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