How to become a banker

How to Become a Banker

Banks are the most integral part of any economy in the world and is considered to be more vital in India because of the humongous population. The banking sector in India has shown great improvement in the past 5 years. People are becoming more financially literate.

The demand for bankers has also increased in the past few years, but, most of us have a limited idea regarding the types of a banker, but there are different types of bankers who handle various portfolios. The different types of banker may be personal, commercial, and investment banker. Each of them has a different scale of jobs and profiles, but their main aim is to help the clients with their financial needs and improve their financial knowledge. The profession of a banker might be stressful but it will reap lots of benefits as well.

In this article "How to become a banker", we have discussed various aspects such as Types of bankers, Requirements, Banking Exams, and Courses. You can skip to any of them from the below table.

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Types of Bankers


What You Need to do to Become a Banker In India


Bank Exam 2019


Best Investment Banking Courses Online

Types of Bankers

Personal Banker

  • Bankers who work in retail banking department that is providing information regarding basic operations of the bank like transactions, details about loan services, or other banking services branches and help the bank customers by helping them with various needs, such as the opening of accounts like current or savings accounts.

  • Convincing customers to borrow loans and investing in certificates of deposit (CDs), money markets and other commercial banking products. Most of the people aren’t educated about loans like education loans, so personal banker helps you understand it better and make it beneficial for you.

  • Financial advise for senior citizens regarding money after retirements are also given by a personal banker.

  • The job of a personal banker is to deal with customers on a smaller scale and help them understand the world of banking in a better manner.

Investment banker

  • The job of an Investment banker is primarily to help a common man with financial instruments like stocks and shares of a company along with complying with the rules set by the regulatory board like Securities and Exchange Board of India.

  • The job of an Investment bank starts when a company announces that it is ready to sell a part of its company in the form of shares to the public and it is called an initial public offering (IPO).

  • When a company announces its IPO the investment bank will try to sell as many shares to the public so that they can earn profits, hence, the investment bankers are the intermediary link between the company and the public.

  • An investment bank, in order to earn profits, will keep the prices of the shares higher than the initial amount and this will fluctuate all through the day.

  • They are bound to lose the money they have invested if they have overvalued the shares as the demand will decrease and have to calculate the risk they will be taking.

  • An investment banker has less work-life bankers but the amount of money they can make in a short while is a lot.

Commercial Bankers

  • The job of a commercial banker is similar to that of a personal banker.

  • They are in charge of providing details regarding the services of the bank but work for longer hours and have to learn about working in various departments.

  • A commercial banker is expected to work for 40 hours to 60 hours a week.

  • Each product of the bank like loans, credit cards, deposits, and other various facilities should be sold by the commercial bankers.

  • Based on their ability to sell the products of the bank they will be rewarded with commissions and incentives.

  • They are eligible to work in various departments of the bank.

  • Commercial bankers will also be considered for promotions in higher level management based on their performance and diligence.

What You Need to do to Become a Banker In India

  • To join the field of banking you don’t need many specializations or certifications, but there are ways in which you can upgrade the skills required in the banking sector and learn how the world of baking works.

  • To get a job at a bank a bachelor degree will suffice for the entry level or for the clerical work, but if you are aiming for a higher position then a master’s degree will make it easier for you to get that job.

  • If you are a student of commerce background then getting the job will be easier for you.

  • Most of the employers look into the additional certification courses and banking examinations completed by the candidate. Few financial institutions might ask you to take up certification courses and exams after you join as well.

  • If you are planning to become an investment banker then it is mandatory for you to have a degree in finance, business administration, accounts, or economics because the job of an investment banker needs great depth of knowledge.

Bank Exam 2019

1. NABARD Grade 'A' and 'B' Officer

  • This exam is conducted by the National Bank of Agriculture and Rural Development.

  • As the bank is a government institution and focuses on rural development the officers will be in charge of day to day basis of banking in rural areas.

  • One can go reach up to the position of the deputy managing director if their work is considered to be appreciable.

  • The exam will be usually held in the month of May and will be an online test with two parts that is Phase 1 and Phase 2, after which an interview will also be held.

  • The position of grade ‘A’ officer is the post of manager and grade ‘B’ officer is for the post of assistant manager.

2. RBI Grade B Officer

  • Reserve Bank of India is a national institution which is the decision making authority regarding various schemes and policies about the money market in India.

  • This is for the entry-level managerial job at the Reserve Bank of India.

  • The exam will be usually held in the month of September.

  • The test will be an objective based test with various mains, followed by a personal interview.


  • IBPS stands for Institute of Banking Personnel Selection which is a board concerned with public sector banks.

  • The post that the candidate will be giving the examination for is that of the probationary officer.

  • The job of a probationary is to supervise general day to day work and look for ways to increase the business of the bank.

  • The promotions and incentives will be given to a probationary officer based his induvial performance as well as the performance of the bank.

  • The exam will usually be held in the month of October.

  • There will be an objective based preliminary examination as well as mains and a personal interview.

Best Investment Banking Courses Online

  • The list of banking exams given above will suffice for personal as well as commercial banking, but if you want to be an investment banker then you need to have good qualifications.

  • A post-graduation degree like MBA or M.A. in Economics will also help you get the job as an investment banker but courses like CFA are particularly designed for the investment.

About CFA

  • The course for Chief Financial Analyst is a program is a curriculum which is recognized worldwide and is accepted globally.

  • The course helps in building a strong foundation in the world of investment and analysis. It is a combination of portfolio management skills and the practical knowledge that will be required in the investment industry at present age.

  • Apart from the academic curriculum the course also focuses on the ethical and professional codes one has to follow in the investment sector so that fraudulent activities in the financial world can be decreased.

  • The eligibility for CFA includes conditions like you need to be in the final year of your graduation to apply for the course or you could have completed a four-year-long professional course.

  • To pursue CFA you need to register with the CFA training institute.

  • You need to finish Level 1, Level 2, and Level 3 subsequently to be qualified for practice.

  • After successful completion, you will be able to choose from various different types of jobs in the investment sector.

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