Do you wish to pursue a career in banking and finance? You are on the right blog. You will have answers to the various questions;
- What are Banking and Finance all about?
- Also, Why Banking and Finance? (Advantages).
- Careers in Banking and Finance.
- Again, Where can You study Banking and Finance?
WHAT ARE BANKING AND FINANCE.
Banking and finance is a term for managing your money. This is by investing it in either banks or other financial institutions. It is a program that we run in HND, Bachelor, Master. It is often denoted as (BS). This program’s objective is to prepare students to think critically. That is find new ways to improve the industry. Moreover, Students learn to communicate effectively on all levels. And acquire leadership skills in the banking industry. This is to become pioneers of change by making complex decisions. These decisions are made using analytical methods. Some include finance, marketing, and management methods. Also, with Banking and finance you must familiar with the following terms;
- Firstly, DEBTS.
- CREDIT.
- ASSETS.
- LIABILITY.
- CASH FLOW.
- INCOME STATEMENT.
- PROFIT AND LOSS.
- CASH FLOW STATEMENT.
- ACCOUNT RECEIVABLE.
- EXPENSES.
WHY BANKING AND FINANCE.
- CAREER OPPORTUNITY
Studying in Banking and Finance offers you a wide range of job opportunities. You can choose which career to pursue based on your skills. While reading you will find these career opportunities below.
- QUALIFICATION
Also, when studying Banking and Finance, you develop several skills. This will help you at your job place. Nevertheless, these skills can help you even in your personal activities.
- PROFESSIONAL NETWORK
In addition, you have to be in frequent contact with your customers. Again, This interaction will enable you to build a professional network quickly.
- LEARNING APPROACH
In addition, while studying you will learn skills. These are practically applicable in most industries. Instead of just obtaining theoretical knowledge. Also, This will help you better understand how the economy. And the world which is functioning.
- REMUNERATION
Also, here the work is sensitive in nature of the work. Due to this careers are highly remunerated.
CAREERS.
Banking and Finance offer you a wide range of job opportunities. Here, it’s likely you will find more than one role that fits your skills. Below are some of the job opportunities. Links will be added to give details for each of them.
- CONSULTANT IN MANAGEMENT
Firstly, you to develop the skills to be a consultant manager. Here, you need to have problem-solving. And also good communication skills to be outstanding. Also, you will have to understand the environment in which you are. Moreover, The role of a management consultant is highly rewarding. That is as you can earn a lot more than just your annual salary.
A business analyst is required to do a comprehensive analysis. And identify the challenges on business daily operations. They act as an intermediary. That is between the business and technology departments.
- FINANCIAL ANALYSTS
One of the most promising careers in this field is a financial analyst. They have a role to collect important data, analyze them. With these, they have to draw conclusions based on their findings. An analysis of the company’s financial performance. Also, you will need to evaluate the competitor’s financial situation. Moreover, the aim here is to identify the trends. And weaknesses that may arise in the future. And bring out solutions.
Other careers are;
- ACCOUNTANT.
- TRADER OR STOCKBROKER.
- CORPORATE AND INSTITUTIONAL BANKING.
- CAPITAL MARKETERS.
- PERSONAL FINANCIAL ADVISER.
SKILLS REQUIRED.
Like other fields, you need skills to have a career in banking and finance. Some of them are;
- Commercial Awareness
Firstly, it is important to have commercial awareness. That is, the ability to identify the trend and weaknesses of the business. And come out with adequate solutions.
- Analytical Skills
You need to know what you are looking for in the data. You should know how you can use it to gain a competitive edge.
- Determination
In every career, you need to have the determination to succeed. You can not succeed if you are not determined and passionate about what you are doing.
- Confidence
Also, Banking and Finance require you to deal with clients’. Which enter their personal information. You have to be able to keep this information confidential.
WHERE CAN YOU STUDY BANKING AND FINANCE?
As we said earlier, you need skills to have an outstanding career. The next question is where you are going to acquire these skills? Many professional institutions do offer this program. But rare are those who can transmit these skills effectively. One of these institutions is our institution HITBAMAS. It stands for Higher Institute of Technology, Business and Management Sciences. In fact, we are affiliated with the University of Buea (UB). And we all know how UB is a reference in terms of lectures and results.
In addition, we do offer several specialties. Such as Database management systems, software, and many others. Furthermore, we do have a good follow-up of lecturers. This is to ensure that the course outline is covered before the end of the semester. And students are ready for their exams. Also, With this, we were able to have a 100% at our HND and Degree program.
Moreover, we have discovered that many students cant to do their assignments frequently. This is due to network and data issues. To solve this problem we have free WIFI. This can be accessible by every student at any time. Also, we do have a well-equipped library. This contains books on all subjects. Also, past HND questions to ease students’ learning process. You can make use of these books to make personal research. And develop your skill for a banking and finance career. Above you can clearly see the advantage of you studying in HITBAMAS. So what are you waiting for? Join us
