answersLogoWhite

0

What skills are needed for a career in Banking?

Updated: 8/20/2019
User Avatar

Wiki User

10y ago

Best Answer

Skills needed for a career in banking include the skills one would learn if one earned a MBA. One also needs to have excellent people management skills and a desire to work in a fast-paced and competitive work environment which is the world of banking.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What skills are needed for a career in Banking?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What skills are needed for a career in Finance?

Skills needed for a career in Finance include strong mathematical ability and analysis skills. Some soft skills that are useful include organization skills and communication skills.


How does communication skills in the banking sector enhance banking career?

Banking involves public dealing all the time, so a clear and appropriate delivery of messages is very necessary.


What skills and qualifications are needed to become an excecutive chef?

a good career in cooking!!


What perquisites are needed for a career in waste management?

The perquisites that are needed for a career in waste management are knwolegde and skills to get a job. Every person that wants to get a job in these career have to finish their training in school. Take different classes to meet the requirements.


What is the nature of banking as business?

Whilst banking is a lucrative career choice, it can cause a lot of stress. Banking is a high pressure career and this can often negatively impact the health.


What is a career objective for banking?

soung


Career objective for banking sector?

A career objective for the banking sector includes helping individuals manage their finances. Another objective could be to gain experience in the banking industry.


An overview of the banking and finance industry and career opportunities?

An overview of the banking and finance industry and career opportunities The banking and finance industry is a critical sector of the global economy that provides a range of financial services, including lending, investment, and insurance. This industry plays a significant role in facilitating economic growth and development by providing individuals, businesses, and governments with access to capital and financial resources. Career Opportunities in Banking and Finance The banking and finance industry offers a wide range of career opportunities across various fields, including: Commercial banking: Commercial banks provide financial services to individuals and businesses, such as savings accounts, checking accounts, loans, and credit cards. Careers in commercial banking include roles such as loan officers, branch managers, and customer service representatives. Investment banking: Investment banks provide financial advisory and underwriting services for companies and governments. Investment banking careers include investment bankers, financial analysts, and traders. Asset management: Asset management involves managing investments on behalf of clients, such as pension funds, insurance companies, and wealthy individuals. Asset management careers include portfolio managers, investment analysts, and financial advisors. Insurance: Insurance companies provide protection against financial loss due to accidents, illness, or other unforeseen events. Careers in insurance include underwriters, claims adjusters, and actuaries. Financial planning and wealth management: Financial planners and wealth managers provide advice to individuals and families on managing their finances and investments. These careers require strong interpersonal skills, as well as expertise in financial planning and investment management. Skills Required for a Career in Banking and Finance A career in banking and finance requires a range of skills, including: Analytical skills: Analytical skills are essential for evaluating financial data and making informed decisions about investments, loans, and other financial products. Communication skills: Effective communication skills are essential for building relationships with clients and colleagues, as well as presenting financial data and analysis to stakeholders. Financial literacy: A strong understanding of financial concepts and practices is necessary for a career in banking and finance. Problem-solving skills: Problem-solving skills are essential for identifying and resolving complex financial issues and challenges. Attention to detail: Attention to detail is crucial for ensuring accuracy and completeness in financial data and analysis. Conclusion The banking and finance industry is a dynamic and exciting sector that offers a range of career opportunities for individuals with a variety of backgrounds and skill sets. From commercial banking to investment banking, asset management to insurance, there are many paths to success in this industry. If you are interested in a career in banking and finance, it is essential to develop the necessary skills and knowledge to succeed in this exciting and rewarding field. Learn :Post Graduate Certificate in Data Analytics and Business Intelligence with IIT Patna - PGCDABI


How can I find what skills are needed for a customer service career?

Patience, attentiveness, communication skills, product knowledge and time management skills are all highly valued skills for working in customer service. Career Builder is a good resource for finding more information about customer service careers.


What sort of ting motivate you to this career in banking?

Banking procedure management of finance and loan


Why a engineering student choose a banking career?

I chose banking because of my affinity for figures.


Why a career in banking appeal to you?

hard worker