Job opportunities and earning potential - Accounting, Banking, Finance and Insurance

What are the job opportunities these sector holds for bachelors?

There are numerous job opportunities for graduates and post-graduates in banking, accounting, financial and insurance sector in India. There are different positions offered in different sectors after clearing up with company’s recruitment process. The process involves good communication as well as technical skills.

There are position remains opened for insurance, personal loans, mortgages, collection and back office operations personnel that companies usually hire more bright students fulfilling all the criteria. There are many banks like ICICI, HSBC, Kotak Mahindra, HDFC, Standard Chartered, Barclay’s, and American Express that can be approached to provide internship as well as training or hiring. These banks provide different kinds of training to recruit students for their processes.

What is the pay package that company will offer me according to my experience?

You will be paid according to your experience, performance and skills at different stages and the pay package are as follows:

1. Fresher having just passed their bachelor’s degree can get from Rs. 15,000 to Rs. 25,000 per month.

2. Experienced students having more than 2+ years of experience can get from Rs. 35,000 to Rs. 50,000 per month depending on the performance and overall knowledge of the field.

3. Post graduate degree students passed from Top B-schools and banking institutes can get up to Rs. 8,00,00 per annum as they are hired as managers like relationship managers depending on the overall performance, skills and knowledge in the field.

4. Students from IIM, XLRI, FMS can get package up to Rs. 15 Lakh per annum depending on the institutes they are passing from and knowledge the possess about the subject under consideration.