Some children are born athletes while others are academically gifted. There are also artists who have a more creative approach towards things. Categorizing children into these three baskets is incorrect, as many students may succeed in a couple of areas or all three. Everyone has a choice to make a career out of both options in life and the requirements to be fulfilled for each are different. Equally important is the knowledge of the right path and how to reach the goal. Nowadays, bank jobs have emerged as a desirable option to achieve a stable career. In this article, we will see how to become a bank manager and how to become a bank manager after 12th . Then we will go into some important aspects like Bank Manager Salary, Bank Manager Qualification etc.

How Become Bank Manager Complete Guide

Choosing the right job is perhaps the most important decision in one's life. However, even today, there are many who don't get proper guidance and don't know about the process of becoming successful in a particular field when every smartphone has internet. Being a bank manager is undoubtedly a tough job and we will tell you how you can become one. But what do they do? Let's find out.

Who is the bank manager?

A person who manages a bank or one of its branches . Basically, the day-to-day activity is overseen by the bank manager, which makes him a supervisor and ensures that the employees work like a well-oiled machine. Various functions are:

They are responsible for making the decision whether or not to lend money to an individual or business.

They generally look after the branch and its staff.

They try and think of ways to attract new customers.

They are responsible for managing the assets of the bank.

They are responsible for the marketing, training, credit, operations, administration and security of the branch they overlook.

Bank managers can also work for various organizations like consultancy, brokerage firms or insurance companies due to the knowledge and hard and soft skills they possess. Bank managers hire and train employees. They have to interact and approach the customers and assess the performance of their workers. They work to increase sales and provide excellent customer service.

How to become a bank manager?

When it comes to education there is a process and criteria/qualifications/requirements a person has to fulfill to become something. If you are wondering how to become a bank manager then here is your answer.

The first and foremost step is to pass your 10th and 12th and then pursue a master's degree in finance or other related subject. Whichever stream you take in your 12th class will affect where you should score well and which board you will study in. After you complete 12th class, you have to enroll in next program like com or bba.

Next, you complete your graduation and then take a basic level job in any bank. Here you work your way up and gain experience, eventually becoming a bank manager. If you want to join a public sector bank, you will have to appear for a recruitment test conducted by the Institute of Banking Personnel Selection (IBPS). After clearing this exam, you will get the post of Clerk, Probationary Officer or Specialist Officer. Many private and public banks take IBPS score into consideration when you apply for any vacancy and with just three years of experience, you can become a bank manager.

There is another way to become a bank manager and that involves getting a master's degree in business or finance. Banks have tie-ups with some top colleges and if you are in such a college you can look for campus placement drive where you can be directly recruited for bank management post.

How to become a bank manager after 12th?

The real journey to any job starts after 12th. Here is your answer to How to become a bank manager after 12th.

Once you complete your 12th you now have to choose your post graduation program and here you can choose B.Com in Banking, BBA (Hons) Finance and Banking, Bachelor of Business and Commerce Banking and Finance, B.Com in Taxation and Finance, or any business or finance related course.

While pursuing your post graduation, you should also prepare for specialized exams like IBPS, Bank PO, RRB, etc. conducted by specialized institutes to get you a job in a public or private bank.

You can choose to get an MBA in Banking or Finance after your Bachelors to gain an edge over your competitors.

You can also pursue a master's degree in a field related to your bachelor's or any finance or business administration-related course and find yourself in a bank manager position sooner rather than later.

Bank Manager Salary

Now that you know how to become a bank manager, let's get down to the real business. There is an advantage with academics – the more you study, the higher the position you get and the better you earn. And, bank manager post is very big in our country and the salary earned by bank manager is also significant. Not only that, the salary comes with ample benefits and security.

If you are starting your journey as a bank manager, you can expect to bring home an amount between Rs. 3 and 4.5 lakhs annually . As you grow older and gather experience, this figure increases to Rs. 7 to 8 lakhs per annum. If you put in a few more years and gain even more experience, you can earn Rs. 10 lakhs or more in a year. Don't forget that it's all about money, apart from this you get lots of perks and benefits and having stability and job security along with many other things makes the job very attractive.

Bank Manager Qualification

There are certain ways to become a bank manager. No one can wake up one day and become a bank manager. Bank Manager Eligibility Requirement includes fulfilling the following conditions:

  • You should have a Master's Degree in Finance, Commerce or Business Administration/any related field.
  • You must have completed an undergraduate program in one of the above mentioned fields and it must be from a good university if you want to get better opportunities.
  • If you go ahead and get a master's degree in any of the above mentioned fields then your chances of getting a position will be even easier.
  • Another requirement for any aspirant is to have three years of experience to show on their CV, the more experience you have the better your chances of becoming a manager.
  • Private banks in India and abroad have a particular preference for people who are trained and certified as Certified Public Accountants or Certified Financial Planners. Hence, getting these certifications can increase your chances of becoming a bank manager.

Bank Manager Exam

Knowing about bank manager exam is one of the key points to answer how to become a bank manager. The basic path and qualifications to become a bank manager are outlined, however, there are certain courses that a student can opt for to gain an edge over their competitors. These tests are:

  • A student can appear in SBI, IBPS, RBI, NABARD or other exams that can land him/her several jobs from probationary officer to clerical roles. Doing these courses will increase your chances of getting a job in public or private banks with lots of banks considering IBPS scores.
  • A post graduate diploma or degree in banking sector will also work. An MBA in Banking or a PG Diploma in Banking or Finance will also land you this position.

The ups and downs of being a bank manager

Being a bank manager is a matter of prestige for a very responsible person and hence it is undoubtedly a good job. However, being one comes with its own disadvantages and hence, we will now look at its pros and cons.

Pros

  • good salary
  • Every day you have to do your work for a fixed number of hours.
  • You also get weekends off.
  • Keep you updated on new and exciting finance and banking-related developments.

Cons

  • Work experience is another issue. You need 3 to 5 years of experience in the field.
  • If you don't have strong leadership and management skills, both qualities will automatically disqualify you for this demanding position.
  • Customer problems become your area of ​​concern because you answer them directly and have to deal with them.

So now you know how to become a bank manager, all related information about bank manager qualification and job. It's also time to remind you that the responsibility for making your choice lies with no one but you. While the pay package is usually a big and important factor to consider for becoming a bank manager, it is always important that you do a thorough research and learn all the ins and outs of this type of job profile and only then come to a decision.