Do you have an interest in the institutions that deal in finance and credit? Then you might want to enter a career in banking. Within the world of banking, there are many different professions and specialties, so you can choose a job that best suits your interests.
So, what are the different professions a banker can choose? If you want to be involved with large loans to businesses and entrepreneurs, then a commercial banker should be your choice. Investment bankers specialize in presenting opportunities for speculators and other investors. If you want to have individual relationships with small business owners and other clients, you should consider becoming a personal banker. In every one of these roles, you will be working for the financial benefit of your customers.
What Should You Study?
Bankers do not need more than a high school diploma, but like many white-collar jobs, more education is always helpful to find better jobs. A high school education can provide many of the basic skills you need for banking, though. If you excel in math from a young age, you probably have an aptitude for working as a banker. In addition, you should have skills with spreadsheets and other software programs that have to do with data entry. Graduating from high school and starting an internship can qualify you to work as a personal banker, with the opportunity to educate yourself further in the future.
Working as an intern can be an excellent opportunity for high school graduates and college students. It’s hard to replicate real-world experience, and the exposure to the banking world will establish connections and relationships with working professionals. You can get a significant head start in your banking career by pursuing an internship. If you want to be a particular type of banker, try finding banks that offer the services you’re seeking.
Earning an undergraduate degree is a good idea to further your career and find better-paying opportunities. Esteemed professionals like Julio Martin Herrera Velutini earned their degrees in finance or banking. You can opt for a bachelor’s degree or a two-year associate’s degree, but you should focus on business and finance for your studies. If you want to be an investment banker or deal with large corporations, you probably should pursue a college education in the relevant subjects.
Ambitious and education-driven individuals might enter a master’s program in business administration or finance. Classes should cater to learning the various regulations in the financial field and the fundamentals of the economy. A professional who obtains their MBA is well prepared for taking on leadership roles such as a CEO or other managerial positions. If you already are working in finance, your employer might even pay to have you earn a master’s degree.
Big Time Banking
Within the world of banking, there are many paths to take and careers to consider. You can be a successful banker whether you have minimal formal education or multiple degrees and certifications. It all depends on what you want from your career and how soon you start working as a banking professional.