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Home / Engineering / Why Banking After Engineering?

Why Banking After Engineering?

Team Leverage Edu · Updated on Mar 6, 2021

 8 minute read  9.5K views 

Did you recently complete your BTech degree?

Not sure about what to do after it? Globally,
engineering as a career has attracted
numerous students which is evident through
how a large number of applicants appear for
engineering entrance exams every year.
While some continue in this field by pursuing
higher education, the others either start their
professional career or look for other
opportunities. Amongst many fields, a career in
the banking sector has attracted many
Engineering graduates. It is a golden chance
for those who are looking to switch their
careers. The Finance sector is one of the most
lucrative, exciting, dynamic, and growing
sectors both in India and abroad. Opting for a
career in Finance, you can explore varied
opportunities to work in the international
market. If you’re wondering why banking after
engineering, here is a comprehensive blog that
will shed light on the major aspects of the field
and how it can benefit engineering graduates
to build a strong career in this arena.

List of Banking Courses

THIS BLOG INCLUDES:

1 Top Reasons to Pursue Banking

after Engineering
Avail the Opportunity to Switch
Careers
Adaptability
Job Security and Perks
Technological Advancements in
the Banking Sector
Diverse Career Opportunities

2 How to Answer “Why Banking After

Engineering?”
3 Career in Engineering vs Career in
Banking
4 Practice Questions for Engineers
for Personal Interviews (Bank
Exams)
5 FAQs

Top Reasons to Pursue Banking

after Engineering

The banking sector is one of the most sought

after career options for thousands of students.
With cultural diversity, you can develop the
flexibility to work with a broad range of clients
and colleagues across various industries and
countries. From an Investment Banker and
Probationary Officer to a Budget and Financial
Analyst, a career in Banking opens the door to
innumerable opportunities across various
sectors. Pursuing a career in this field provides
a platform to participate and contribute to the
economic growth of your country Engineering
graduates have started altering their career
and building expertise towards banking and
finance. Here are some key reasons for those
looking for an answer to why to pursue banking
after engineering.

Must Read: MBA After Engineering

Avail the Opportunity to Switch

Careers

Many students who have a keen interest in

science tend to take engineering after their
higher secondary school. While some are sure
as to why they want to continue in the field, the
others realize their passion after completing
the program. This allows students to explore
other career opportunities like that in the
banking sector. Being one of the most
lucrative, diverse and attractive fields, offering
opportunities globally, pursuing a career in
banking after engineering is a perfect choice
for those who are looking for a change.

Check Out; How to Become a Bank

Manager?

Adaptability

One of the greatest advantages of choosing to

start a career in banking after engineering is
that engineers usually possess great analytical
skills. The banking sector involves a lot of
number crunching. One can easily shift their
career and adapt certain skills in a short span
of time.

Must Read: MBA in Banking and Finance

Job Security and Perks

An important aspect of starting a career in a

particular field is the job security. In today’s
time, when the economies across the globe
are witnessing fluctuating growths, having a
secure job is the need of the hour. The
government jobs in the banking sector not only
provides better financial stability and security
but also offers many perks and emoluments
like loans at lower interest rates, gratuity, and
accommodations. This is another reason why it
can be beneficial to kick-start a career in
banking after engineering. It is important to
note that the exams conducted by the Institute
of Banking Personnel Selection (IBPS) and the
State bank of India are some of the exams to
enter the Indian banking sector.

Must Read: Scope of MBA in Finance

Technological Advancements in the

Banking Sector

Another key pointer amongst the reasons for

why Banking after Engineering is that with the
advent of the digital age, banks have
welcomed new technologies and embraced the
phenomena of online banking and cashless
transactions. Engineers are always tech-savvy
and nowadays, every bank usually has an
Information Technology (IT) that generally hires
engineering graduates. So, going for banking
after Engineering can help you explore how
banks are readily using the digital technologies
and build a thriving career in the same!

Check Out: Banking Courses

Diverse Career Opportunities

There are various career opportunities for

those who want to pursue a career in banking
after engineering. The graduates can find a
wide range of jobs in both the public and
private sectors globally. Further, higher
education in the same field will help you gain
in-depth knowledge and open the door to an
array of career opportunities in the same field.
We have listed down some of the most popular
job roles one can go after completing
engineering:

Specialists/IT Officers

This is one of the most sought after bank

profiles for engineers looking who are looking
to switch to the banking sector. There are
various technical domains for which the banks
hire IT, specialists. The job role involves
handling, testing, and maintenance of
computer networks and equipment for banking
operations. IT specialists are either selected
through a recruitment process or are placed in
various companies after completing
graduation.

Agricultural Field Officer

This is another one of the most preferred job

roles under the banking sector for engineering
graduates. Students with a background in
agriculture engineering can opt for this
position offered in several public banks.

Investment Banker

It is another lucrative option for those who want

to start a profession in banking after
engineering, Investment banking is
considered as one of the highest paying jobs
with innumerable career opportunities globally.
Although students need to pursue further
education to build a career in investment
banking, the engineering graduates can pursue
an MBA and explore various job options
globally.

Apart from these, here are some other career

prospects you must consider if you aim to
pursue Banking after Engineering:

Certified Financial Planner (CFP)

Chief Financial Analyst
Certified Public Accountant
Chartered Accountant
Business Analyst

How to Prepare for Bank Exams?

How to Answer “Why Banking After

Engineering?”

Generally, in bank exams like IBPS PO,

candidates are asked to elaborate upon the
question of “why banking after engineering”
and gearing up for a good answer, you can
successfully ace your interview round. While
the aforementioned reasons will surely help
you, here are the important pointers you must
keep in mind while answering this question:

Talk about your skillset as well as

leadership opportunities whether you
managed cultural events in college or
took part in extra-curricular activities.
Connect the same with your knowledge
of how banks operate and in what ways
you can devote yourself full to the job
role.
As the internet revolutionised our lives, it
also transformed the traditional banking
system and technological upgrades were
embraced by banks across the globe.
Mention that you are tech-savvy and
keep yourself updated the latest
happening in the technology sector and
can also help the bank adapt to the new
advancements in a smooth manner.
Mention how banks play an imperative
role in the functioning of an economy as
being a banker you can significantly work
towards the needs of everyone, from a
farmer to an industrialist.
An engineering degree imparts you with
essential analytical and mathematical
skills which are integral to a career in
banking as well.
Talk about your knowledge of tackling
different kinds of software applications,
be it for banking or for online platforms.
This will showcase that you are aware of
how banks are utilising the digital
technologies in a globalized world.

Career in Engineering vs Career in

Banking

Considering the competition one has to face in

the field of Engineering while entering the
public or private sector, many students tend to
opt for secondary paths. Although students do
get placed in procedure organisations, due to
the bulk of engineers being produced every
year, the decent job opportunities in the field
are minimal. This builds up the pressure of
losing the job if one is serving an organisation
in the private sector. This when compared with
the perks that a candidate can get after
entering the field of banking, results in a
content career choice. Hence, many
engineering students as per their engineering
branch have now started to prepare for
competitive bank exams. Search candidates
popularly acquire decent positions such as IT,
Managers and other official posts. Even though
all the fields are open for everyone regardless
of their background, those who have previously
studied computer science, communication
engineering or IT usually opt for IT officer
positions in banks. Being an engineer and then
becoming a bank officer, helps candidates
have an upper hand over various other officers
because of their detailed knowledge of the
field. Owing to the technological developments
that are taking place in the operating of the
banking system in India, graduates of IT and
computer science are highly welcome by the
banking sector.

Books for Bank Exams

Practice Questions for Engineers for

Personal Interviews (Bank Exams)

In India, it is mandatory to qualify competitive

exams for securing your position in the private
as well as public sector banks. Such exams
consist of 2 written examinations followed by a
personal interview. For all those who are
looking forward to to qualify bank exams after
engineering, here are some of the sample
questions for you-

Tell us about the time when you realised

that you want to pursue banking after
engineering?
What made you choose the banking
sector over the jobs available after
Engineering?
Why do you want to pursue a career in
the banking sector?
Don’t you think you have wasted your
money while pursuing engineering for
four years and then drifting towards the
banking sector?
How will your previous academic
education as an engineer help you in
your role as a banker?
Where do you see yourself in 5 years
from now?

Quick Read: Banking Courses After

Graduation

FAQs

Why do you want to join banking sector

after engineering?

Banking is a great field to consider post

completion of engineering. A banking job will
provide you with financial security. There are
equal opportunities in both the private and
public sector.

How does engineering help in banking?

Banking jobs now include use of various

software and computer application, having a
strong Engineering background will enable you
to do better in this sector.

Is banking good career for engineers?

Yes, banking is a good career in the post

engineering, there are various sub division in
the banking sector itself like accounting,
finance, risk management, investment banking
etc. One can pick the most suitable one as per
their goals.

How can I get job in bank after

engineering?

Most of the private banks conduct a 1 year

long course for training students regarding the
common banking practices while government
or public banks conduct entrance examination
to heir candidates for different profiles.

Hopefully, this blog has helped you understand

the major reasons why banking after
engineering. Looking at the pace at which the
banking sector is expanding, it is sure to attract
more talent from various technical fields. If
you’re planning to pursue professional courses
abroad but are not sure about how to get
started with it then the experts at Leverage
Edu will lend you a helping hand. From helping
you select a university using an AI-enabled tool
for providing guidance in completing
admission-related formalities, the mentors will
assist you at every step towards a rewarding
career.

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