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ENTRY LEVEL COMPENSATION PACKAGES
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Payroll Home » Compensation » Indian Industry » Banking Finance Sector » Entry Level Compensation
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Indian finance & banking sector offers jobs in various segments. The managerial level jobs are held by management professionals, commerce graduates and finance professionals. However at the entry level there are more jobs for graduates in marketing segment. The positions are for customer care executives, marketing executives in credit card department, loan department, verification department, recovery department.
In other departments like audit, credit, advances, foreign exchange, etc individuals are professionals such as CA, CS, MBA-finance, commerce graduates, B.com, M.Com etc. Software packages such as tally certification guarantees jobs in the finance sector. | |
Getting into nationalized banks is quite difficult, but if the candidate has desired skills and willingness, he/she has to pass an entrance exam followed by personal interview and medical inspection. These exams are conducted by the respected banks only.
Packages offered to individuals are based on their knowledge level and training experience. The profile of the candidate also matters. However the candidates looking for a career in finance should possess the necessary skills. They are:
- Effective Communication Skills
- Commerce Background
- Excellent Marketing Skills
- Strong Analytical Skills
- Ability to meet deadlines
Apart from pay packages finance professionals also get high incentives and perks. The industry provides for special allowances such as annual bonus, house rent allowances, mobile allowances, transportations, travel leaves, paid vacations, etc.
Figure: Average Salary offered in Indian Banking & Finance Sector for Entry Level Jobs
* The salary figures provided are for the business development executives and marketing & sales executives
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