CAREER GUIDE | Friday, August 15, 2003, Chandigarh, India |
Private banks offer rewarding jobs Girls of Indian origin shine in UK |
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Private
banks offer rewarding jobs CHANDIGARH: Secured jobs with fat pay-packets
may have dried up in public sector banks, but there is no dearth of
challenging jobs in the private banking sector for those, who are
smart, dedicated, hard-working and have good communication skills.
Equipped with a first-class graduation, MBA or CA and these skills,
one can expect to earn between Rs 7,000 and Rs 10,000 per month at the
entry level, and can rise phenominally, says Mr Raj Kumar Jain,
Assistant Vice-President, UTIBank. After completing his graduation in
1984 from Gurgaon, Mr Jain (40) joined Indian Bank as an Assistant in
Gurgaon. With sheer hard work and dedication, he became an officer in
1991 and was posted in Mumbai for five years. With the coming of
new-generation private banks, he says, "I decided to plunge into
the tough and challenging world of private sector banks — IndusInd
first and later UTIBank." At present, he is looking after the
bank’s operations at SASNagar and surrounding towns, and is drawing
an annual package of Rs 7 lakh. He says, "I am satisfied with my
slow and steady career graph. The deposits at this small branch have
already crossed Rs 28 crore. However I want to see myself at the
regional managerial post within a next few years." He spoke to
TNS about openings in the private banking sector. Excerpts from the
interview. What sort of job opportunities are available in the
private banking sector? A: The private banking sector is
expanding at a rapid pace. It offers tough but rewarding jobs to the
youth in the field of marketing, financial consultancy, bank
operations and at the managerial level. Q: What are the
qualifications required to get a job in a private sector bank? A: No
doubt, a first-class graduation, MBA or CA helps one get an interview
call. But it is the smartness, communication and marketing skills,
dedication and hard work which make lasting impact on the management.
These skills help get a job. Q: What skills are required to get a
job in private sector bank? A: No doubt, a first class
graduation, MBA or CA degree helps one get an interview call. But it
is the smartness, communication and marketing skills, dedication and
hard work which make lasting impact on the management. These skills
help get a job. Q: What is the salary level for entrants in the
banking sector? A: Bankers are ready to pay any amount of to the
right kind of managers who can assure good business smoothly in the
tough competitive environment. Otherwise, for a fresher, the starting
package can be anywhere from Rs 75,000 to Rs 1 lakh per annum.
However, what attracts talented youth to this growing sector are good
incentives and annual increments. Q: What are your suggestions for
those wanting to join the banking sector? A: Anyone who wants to
enter this service sector should commit himself to provide world-class
customer service and groom one’s personality to make a mark on the
customer and the management. Besides having sound educational
qualifications, he should be ready to work hard for long hours. Q:
What is the future of jobs in the private banking sector? A: Public
sector banks may be upgrading their infrastructure to compete with the
new-generation banks, but with the growth of the economy and demands
of specific segments, there would be no shortage of business for banks
which can offer innovative and customer-tailored services at low cost.
UTIBank has plans to start 50 branches during the current financial
year. Other banks are also expanding their branches to semi-urban and
rural areas. |
Girls
of Indian origin shine in UK LONDON: Girls of Indian origin are the
highest performing among students of all groups in Britain, including
the majority White community, latest official figures reveal. Indian
girls are 10 percentage points ahead of the next best group, the
Whites. Indian boys have emerged the third in the list of
ethnicity-wise performance. "Indian pupils are more likely to
get qualifications than other ethnic groups, with 66 per cent of
Indian girls and 54 per cent of Indian boys doing so. This contrasts
with only 37 per cent of Pakistani and Bangladeshi girls and 22 per
cent of Pakistani and Bangladeshi boys," according to the Office
of National Statistics (ONS). In 2001/02, people from some minority
ethnic groups in Britain were more likely to have degrees (or
equivalent) than White people. Those most likely to have degrees were
Chinese people, Indians, Black Africans and other Asians. Among men,
Black Caribbeans were the least likely to have degrees (8 per cent).
Among women, Pakistanis and Bangladeshis were the least likely to have
degrees (7 per cent). Despite some ethnic groups being more likely
than the White population to have a degree, they were also more likely
to have no qualifications at all. ONS documents state that Pakistanis
and Bangladeshis in particular were most likely to be unqualified.
Nearly half (48 per cent) of Bangladeshi women and 40 per cent of
Bangladeshi men had no qualifications. Among Pakistanis, 40 per cent
of women and 27 per cent of men had no
qualifications. "Bangladeshi and Pakistani boys are the lowest
achieving groups and it is essential that we and the government look
at why they are letting themselves down and why the system is letting
them down," commented the weekly Eastern Eye in an
editorial. Experts are divided over the reasons behind the high
success rates among Indian students and low performance of Bangladeshi
and Pakistani pupils. According to Mr Gautham Sen of the London
School of Economics, the poor performance of Bangladeshis and
Pakistanis was related to the agricultural economy of the regions they
hailed from — Sylhet in Bangladesh and Mirpur in
Pakistan. "These people have different values as far as
education is concerned. Indians place a higher emphasis and will
essentially put all their eggs in one basket as far as education is
concerned," he told the weekly. — IANS |
How can I become a ‘headhunter’? After my B Com, I would
like to be a ‘headhunter’. How can I become one? — Manjeet
Singh A colloquial term for a placement or HR expert, a
‘headhunter’ can best be described as mediator who provides
clients with the best brains in any field (for a fee of course). These
professionals help their clients choose the right candidate for the
right job and on the other hand, a person (in need of a job or wanting
to change his job) with the right placement. For instance, if a
company that has advertised for a vacancy, interviews candidates,
shortlists them and doesn’t get the appropriate candidate for the
job, all the advertising expense, labour and time goes down the drain.
On the other hand, if the same company approaches an established
headhunter, it would save a great deal on expenses, effort as well as
on time. However, all this requires an extensive and well-researched
database, including the demands of different companies, various
industries, their pay scales, working style, promotion policies, etc.
Compilation of CVs and shortlisting of candidates to match the client’s
specific requirements forms the next part of the job. Typically,
headhunters have a postgraduate degree in Personnel Management or
Human Resources (HR) as it is now called, and preferably an MBA from a
good B-school. In addition, most of them possess several years of
experience in the field. Alternatively, they may be seasoned HR
managers who have diversified into placement consulting down the
line. Personal traits such as good convincing and communication
skills (without coming across as overly pushy or persuasive) and
networking savvy are an asset for the job. You also need to be
totally clued into the current placement scenario so that you can get
the best deal for both parties.
Fisheries I want
to pursue a course in fisheries. What are the opportunities for me
after doing MSc in Fisheries? —
Govind Lodhi Fishery Sciences is a lucrative career option. After the completion of
a degree in fisheries one can find opportunities in various allied
fields such as of aquaculture, fish nutrition, fish pathology, fish
genetics and biotechnology. Compared to other countries, India’s
situation in the aquaculture field is still in the developing stage
— meaning there is tremendous scope for expansion. Aquaculture
technology is more than a job, it’s a way of life. Industry,
research and teaching are the main sectors of work. Industry where
the work revolves around fish cultivation; both private and public
sector organisations carry out scientific breeding and cultivation of
fisheries, etc. Research involves extensive study and
experimentation in Central, state and private institutions. You can
also opt for teaching at various academic institutions around the
country. Various jobs available to a student of fishery science
are: a) Farm management: Is a supervisory position where factors like
site selection, design, construction of ponds, stocking, water quality
management, feeding, growth, hazard analysis and the harvesting stage
are all looked after b) Fisheries inspector: Is in charge of the
transportation of fish seed to the various fishery stations. c)
Hatchery management: Hatcheries have a completely controlled
environment, which is conducive for procreation. Fish seeds are grown
in a highly stimulative condition, which is even better than the
natural environment. When the seeds are reared to full marketable
size, they are released into ponds and other water bodies. d)
Post-harvest management and processing of stock: is essential to
ensure that the merchandise is in good condition whether it goes to
domestic or foreign markets. e) Lastly, research is necessary to
improve the output of various types of fish and to advance the
preservation and processing procedures. Whether it is working in the
Fisheries Department or starting your own export business, fishery is
here to stay as a lucrative option. Seed production and hatchery
operations are some of the related careers you can diversify into
subsequently. Correspondence course Since I could not get
admission to B.Com in a decent college, I will have to do my graduation
through correspondence. Please tell me if a correspondence course is
considered on a par with a regular full-time course? What will be my
chances of procuring a job after getting the degree? — Gurpreet
Kaur Although a regular full-time course is always
preferable, the chances of landing entry-level jobs straight after
graduation will be more or less similar, irrespective of the mode of
study. Call centres, insurance companies or marketing firms, for
instance, will not differentiate between the two as long as the other
requirements are in place. Also the degree that is awarded to you at
the end of a correspondence course does not specifically mention the
mode of study. Certainly the prospects get bright if you acquire a
professional postgraduate qualification. Since mere graduation is not
sufficient to equip you with the skills required to enter a
profession, the PG course you pursue subsequently is what will really
matter. Even if you do your Bachelor’s through the distance mode,
make sure your PG course is a regular full-time one, and preferably
from a reputed institution. At the PG level, correspondence courses
are fine only for those who need to supplement their work experience
with formal qualifications. So don’t worry, go ahead and enrol for
a Bachelor’s degree through correspondence from a good university.
Delhi University’s Campus of Open Learning offers a range of Pass
and Honours courses, including B.Com (Hon) at the Bachelor’s level.
All you need is an aggregate of 45 per cent for the honour’s course. — Pervin Malhotra, Director, CARING Please send in your query preferably on a postcard along with your name, complete address and academic qualifications to: Editor, Query Hotline, The Tribune, Sector 29, Chandigarh-160020, or at careerguide@tribuneindia.com |