Different Jobs in Banking and Finance Industries At A Glance

Despite heavy layoffs in 2008 and 2009, the banking sector has once again emerged among the fastest growing industries to offer better career options. This particular industry provides both lucrative and rewarding career opportunity to aspirants. According to an article published in Business Standard, the banking sector may come up with up to 20  fresh jobs in the next 5-10 years. This is because of issuance of new licenses and efforts being made by Reserve Bank of India and government. By this significant approach, the banking sector will be among the top job creators in 2014.

The Banking and finance industries looks for individuals who can sell and have operational, managerial and IT skills. Since a plenty of positions are available in banks and finance, a career is obviously varied and diverse. However, before deciding to work in this field, it needs to take a step back and consider which type of position would be suitable for you. Here is a list of some top positions in bank and finance with a brief highlight about them. Keep going ahead with this blog and determine which position you want to achieve.

Bank Teller

You can see bank tellers among the first people when you enter a bank. Bank Tellers offer excellent client service. They help resolve clients' problems by identifying referral opportunities for new products and services based on the customer’s financial goals. Apart from processing customer

Banking Jobs that Pay High Salaries Flickr: 401(k) 2012

transactions (like loan payments, savings deposits and all), they explain clients about bank products like loans and certificates of deposit to customers. They also resolve account service issues and respond to clients quarries promptly and effectively.

For a bank teller, you need to have a strong customer service skill, excellent verbal and written communication skills, analytical and problem solving skills, basic computer skills, and much more.

Financial Analyst

Financial analyst is one of the foundation stones of a bank. A bank depends to the great extent upon financial analysts for their expertise and guidance on investments, borrowing and other financial decisions. A financial analyst plays a major role. He tracks financial status by keeping watch on variances of plans, determining financial status by analyzing and comparing plans and forecasts with actual results. They also contribute to improving financial status by analyzing results and variances; recommending actions, identifying trends; reconciling transactions by comparing and correcting data. Furthermore, a financial analyst increases productivity by developing automated applications; eliminating duplications; coordinating information requirements. He or she provides information to management by assembling and summarizing data; preparing reports; making presentations of findings, analyzes, and recommendations.

To work as a financial analyst, you need to have a bachelor's degree, often in accounting, business administration, statistics or finance.

Loan Officers

Employers generally recruit loan officers who also play a vital role and contribute for the growth of an organization. The role of a loan officer includes assisting individuals and firms in applying for loans, assessing individuals' creditworthiness and helps them determine the most appropriate type of loan for customer's needs. Moreover, a loan officer also evaluates loan applications by confirming credit worthiness, rejects applications by informing applicants of additional requirements, approves loans by issuing checks or forwarding applications to loan committee, helps customers by giving them complete information about interest and all.

If you want to apply for a loan officer, you need to have a degree in finance, economics or a related field. You can apply for jobs in banks and financial institutions or loan lending firms.

Conclusion

Aforesaid is a list of top positions that are offered in bank and finance industry. If you want to apply for them, find a professional school which provides courses relevant to these positions.

Author - Sumit Dawas is a leading content strategist for www.learnwithflip.com, a largest e- training and certification offering in  Banking and finance in India.

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11 Tips for Salary Negotiations

Negotiating for a salary can be a tough one, especially if you are a fresher; however if you make the right moves you can bargain and land up with the best possible deal. Read the following post to know more about salary negotiations.

Searching for a job is not a cakewalk and landing with the job that you want has definitely got more than to do with than just obtaining a degree and appearing for an interview. It goes without saying that salary plays a significant role in search for a job even if it’s a fresher’s job. So, throughout your process of job search, always seriously consider the method of salary negotiation. Take into consideration things like—your qualification, your worth and of course how much should you be paid for the job description that they are offering. Though salary negotiating is something that hiring managers are more experienced at, but even as a fresher or an experienced candidate, you must end up negotiating properly for your salary.

Make a List of what you have to Offer

Know your forte and what all you have to offer to an employer. Make a proper list of all your skills, talents, abilities and knowledge. Always be prepared to show your employer what value you can bring into the organization.

Increasing your salary: Stockvault

Try and Make the Employer Schedule Work to your Advantage

Firstly, find out how soon they need to fill the position and also how many candidates have been considered for the position. If the position is somewhat crucial and that needs to be fulfilled and you have an edge above the rest, they will obviously give you additional negotiating powers. Do play on this and keep trying your best.

Wait for the Final Offer to Come along

Always wait for the final offer that they make you and then start discussing your salary. Discussing salary until you have been offered the position, will not make things work easily.

Express Interest in the Job Profile

This is probably the first option available; make sure that you show enough interest in the job profile and always let the employer know that you are truly looking forward to it. However, do express interest but do not overdo it. Even if you are a fresher and you are anxiously waiting for your first job offer to come along, show your interest in a controlled way. You are interested but, may be the employers can work upon the compensation package.

Avoid any kind of personal discussion

Never discuss monetary needs of your family or any kind lifestyle expenses. It will never take things far in your job scenario.

Be aware of your Absolute Bottom Line

Know what should be your minimum salary package should be as per industry standards and then move forward with the negotiations. Although it is advisable that you do not raise such topics like package as per industry standards, but always keep it in mind before you begin your negotiations. Make sure any amount you quote is definitely slightly higher than the absolute bottom line figure.

Keep Yourself Abreast with Salary Options

Chalk out three proper salary figures for yourself – the minimum amount that you are willing to accept, an offer that you would accept willingly and the final one that you would ideally quote. Provide employers with a proper salary figure ranging between – middle to high range.

Understand that Employers do have a Budget

Well, yes all employers have a fixed range in mind—a proper chalked out budget. They begin with the absolute low end of the budget; this opens up room for negotiating with salary packages. However, this does not imply that they will end up offering you less than what you deserve. What they usually do is, leave the decision upon you demonstrate your value within the job market.

Allow the Employer to Bring up the Salary First

When your employers ask you about your expectations, answer back in phrases like, “I would consider an offer that is reasonable in every respect”. If the employers raise the question of salary too early, you can do away with statements like “.. I would like to discuss salary after I can understand the actual position and how my experience in the organization will benefit me.”

Employers prefer Candidates who are good at Negotiating

Potential employers always look for candidates who are good at negotiating. The method actually simply reinforces the idea that they have actually made the right choices in offering you a suitable position in the organization. They can always have the feeling that since you have kept your best interests in mind, you might be the right candidate who would look after the best interests of the organization as well.

Be Prepared to Advertise/ Market your Skills

Always emphasize as to why you are best suited and can justify the role completely. Do analyse your weaknesses; listen to all the questions that they ask and then answer after you have contemplated and thought over.

Negotiating for salary as a fresher can be a little tough; but always remember to play on your expertise and what can you offer to the organization. You might just end up getting whatever you always wanted.

Author Bio: Sampurna Majumder is a professional writer and a passionate blogger. Currently she is writing content for several websites such as Naukri.com that cover latest trends related to jobs and work related issues in the world and India in general such as these as well as other fields. The above post gives tips to negotiate salary.

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Order the Fear of Unemployment to Sit Down

There are heaps of advices on the internet telling you to be the smiling prince or Cinderella when you’ve just lost a job, by thinking POSITIVELY.  Let me tell you , when unemployment seeps in life,  nothing stays positive, all one desires is to tear the curtain of worldly affairs & run at his/her full speed to hide inside the most loneliest spot on earth.

 “How can one even think of enjoying pizzas and burgers when submerged from head to toe in debts? How can one think of wearing designer brands and go for long drives when the entire day passes searching for a single lucrative job ad? How can one dream of celebrating family members’ birthdays when pockets are empty as an old pot? How can one re-build the inner confidence when everywhere he can see huge billboards of “REJECTION”? And then people talk of smiling during the phase of unemployment! “

The worst part of this entire failure tale is the fear that clings to your bones and brains throughout the span of job hunt. It gives you nervousness fits before you knock another door for an interview. Adrenaline pumps like anything and sweat beads sparkle on forehead just because you have fear of getting rejected once again. For me a person’s inabilities and lack of skills are more small pythons than this word FEAR. It is like a soap that washes away all your talent and self confidence.

Many people often question with grim expressions: how do I overcome this fear?

For me, doing exercise early morning, partying with friends and socializing like a mad man would not completely eradicate this snake from an individual’s soul. One needs to act more smartly in such situations. The only thing that would serve as your confidence saving parachute is your “brain”. No human being on this earth can snatch away the power of your brain from you.

In such times of sheer agony so many of you would make imaginative webs of commencing your own business, do not consider it a foolishness resulting from mental stress. Who knows you might end up finding a diamond from the rubbish can. If your brain compels you to try executing for once ‘your childhood dream’ do not discard the notion. It is at times better to set a new track instead of following the pied piper lead.

Fighting Unemployment: Stockvault

DO NOT CHOOSE ISOLATION!!! :

What else really matters is maintaining relationships with friends and family. Most of the times people enclose themselves in igloos of isolation when such financial turmoil occurs, THAT IS COMPLETELY INCORRECT! You need to spit the flavor of negativity that rises like steam inside your structure. That does not by any chance mean you get into fights with your spouse or bellow wildly over kids but a TALK will be wonderful enough.  If you don’t do that you will become a pendulum swinging in and out of depression phases. Take for instance a small situation. You are in dark room, where all you can see is darkness and all you can hear is rasping of your own breathe, out of nowhere an evil face pops in front of you. What would you do, stay still and smile at the monster?  Noooooo! You will shout till your lungs explode. This is fear coming out in the form of voice. If you don’t do that your heart will stop beating and you will fall dead on the floor! So you need to take it out, just try, words will spill out eventually.

Emotions + intelligence= weapon to fight rejection:

Then comes the worst part: rejection! I know how painful it is to drag feet along the busy alleys of a big office to search for the exit. With slumped shoulders, suppressed anger and one more stamp of disappointment, the academic and experience file in hand weighs a billion tons. At this point of time you feel like a worthless penny that can’t even buy the lowest quality candy in exchange. Here your mind power is needed the most. Also known as EMOTIONAL INTELLIGENCE, this fusion of brain and raw emotions will drag you out of this phase of hurt ‘self confidence’. What you need to do in these times is hit a FLASH BACK. Go home, empty all your closets, and search for your tiny achievements. You might have received a silver or gold medal in grade two or three for winning a race. A teacher gave you a souvenir for being the best performer of the month. You won a tournament for your school, college or university. Your kid gave you a card for being the best MOM/DAD of the world. Let the nostalgia of happiness sink in your soul and relish the feeling of self elevation. These events and their essence will water your wilting hopes and you will undoubtedly feel a new wave of enthusiasm wash over your inner self.

YOU ARE NOT THE ONLY ONE TO BE DEALING WITH THIS MESS:

When we fall in such troubles, we blame nature for throwing hardships on our way only and the entire world seems to be enjoying the ride meanwhile. That is not the case; people wear masks that conceal their inner pains and sufferings. The best advice is that you buy one for yourself as well.

Once you have worked in the garage of self-repairing pick up the tools to build a pile of contacts and connections. This is not a method to combat fear but even when you are unemployed your network will throw at you one or more opportunity time to time. It is not necessary that you get a straight hit to the position of a CEO or top manager but trivial opportunities shall also be considered a blessing.

Finally I believe what really is important in the achievement of all these objectives is FAITH- have faith that life is an uneven path for everyone. Nobody gets food in a platter without striving for it. So the norm is valid for you as well, things will change; you just need to prevent yourself from a deadly fall and keep moving on …

Jasmine Peyton has a bottomless hunger for reading and writing which she fulfills at Dissertation Palace where she offer academic writing assistance to clients, mostly learners.

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The Five Most Popular Employers in UAE

The United Arab Emirates boasts many companies that are par excellence when it comes to good HR practices and employee satisfaction. Some of these companies even outdo certain global brands established in the emirates. The following is a list of the most popular UAE-based companies that are ranked highly for exemplary employee management and engagement measures.

·        THE One – This organization is a furniture retailer brand. Its key objective is to make the world a better place. THE One was ranked as the best local employer in UAE's 2013 list of Top 4 Places to Work. It has also been voted as one of the top 4 Companies for both young ‘Millennial’ workers and Women. The company was established in 1996 in Abu Dhabi, UAE. Today, it has 16 theatres in about 7 countries across Middle East. Its total headcount crosses 650, of which the number of UAE employees is around 363. The firm is among the favorite employers because of its involvement in monthly birthday parties and career development efforts.

·        SHUAA Capital – SHUAA Capital is a financial services provider company. Set up in Dubai in 1979, this entity has operations all across the UAE and Saudi Arabia. It is a public shareholding company controlled by Central Bank of the United Arab Emirates. With a listing on the Dubai Financial Market, SHUAA flaunts a market capitalization of AED841 million or US$229 million. The focus of the company lies on four primary areas – Investment Banking, Asset Management, Credit and Capital Markets. SHUAA’s workforce consists of leading professionals from the banking industry. The employees benefit from competitive salaries and bonuses and a phased development program that prepares them to take on additional responsibility. There is a flexible working culture, external remuneration benchmarking, rewards for innovations and new ideas and also regular feedback on the professionals’ career development. Currently, there are about 205 UAE staff members in this company.

·        Zayed University – Founded in 1998, this is the latest institute among the three government-sponsored higher education colleges in the UAE. It has been after the UAE’s honorable founder and first president, Zayed bin Sultan Al Nahyan. The University is the reason behind the creation of many jobs in UAE. As an employer, it offers various welfares, like the recently launched reward program with platinum rule of recognizing people the way they want to be addressed. It aims to energize and engage the staff while promoting a culture of gratitude. The emphasis lies on diversity and respect that is reflected through high retention rates, a high female staff count and also a large number of international employees. The headcount of UAE employees is about 727.
 

• Dulsco – This is a Dubai-based labor supply company that was set up in 1935. It offers human resources in UAE and encourages a transparent work culture. There is a major emphasis on effective and efficient internal communications while also giving importance to individual initiatives along with team work. Dulsco conducts activities each month and currently offers employment to nearly 6000 UAE professionals. 
•  Bayt – Dubai-based Bayt is a privately held online job board company. It has been ranked as the 9^th best organization to work for in the emirates. UAE nationals account for 213 employees from the company’s overall strength of employees. The advantages for the staff include a modern open-plan office, blog and intranet along with monthly performance appraisals. There is also a sound system in cafeteria, a library, a communal bulletin board, an online Love Touch Wall, a Thoughts Mirror and monthly awards for star performers.

Those jobseekers on a mission to find themselves a lucrative job in UAE can explore the employment opportunities in these popular companies. Rest assured you will benefit from job satisfaction and career growth.

Author bio: A writer by profession, Devika Arora is currently writing on the extensive realm of employment in UAE. She has written several articles and posts for recruitment in the gulf countries. The above article discusses about the most famous employers in the UAE.

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4 Jobs You Can Land with an AAS Business Administration Degree

So you're thinking about making a career change. You have probably heard a lot of buzz about the business administration field. That's because it's a rapidly growing field with heaps of opportunities to grow and many chances to pursue professional success. Here are a few occupations that are available for those who earn this degree.

Advertising Executive

Every business that offers a product or service has advertising needs. Because ad executives work for all sizes of companies, it's hard to pinpoint a specific salary you could expect to earn. The average salary is anywhere between $25,000 to $150,000 or more.

These professionals generally work for advertising or public relations firms, and manage client accounts. They are responsible for generating revenue for the firm, and providing customer service to clients by offering their expertise.

Exact duties vary depending on the executive's background and the needs of the company. Generally speaking, advertising executives should have a solid working knowledge of marketing tactics, promotion tools, public relations standards, and a sense of creativity. Having a AAS business administration degree is a major plus for this profession.

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Marketing Research Analyst 

The primary job function of a marketing research analyst is to survey and analyze data to determine the market value and demand of certain products and services. They tend to be intricately involved in developing company policies and procedures on sales tactics. These positions are widely popular and found all over the world.

The income level of these employees depends upon level of experience and education, as well as job placement and the specific field the company fits into. Salaries begin around $29,000 and range up to $100,000.

Public Relations Specialist

Public relations specialists are responsible for sculpting and maintaining a positive public image for a business or corporation. They will write press releases, manage social media accounts, raise funds, and organize events for the organization. One key to achieving success through this job is the ability to gather and interpret data about the company's public image and perception to carefully plan future tactics.

The public relations specialist is the fastest growing job, and it's expected to grow 23 percent between 2010 and 2020. A degree from bryantstratton.edu will come in handy for this job, as AAS business administration degrees are typically required. The median salary is around $50,000.

Office Administrator

Office administrators are responsible for coordinating office functions, organizing employee activities, and maintaining a professional atmosphere in an office. Most offices need an administrator to make sure things run efficiently. This person is usually the go-to person for office equipment issues. They may also be responsible for human resources related tasks, budgets, and record-keeping.

These professionals generally earn between $25,000 and $70,000 annually. Salary depends on a variety of factors, including education, years of experience, and time spent with the company.

The field of business administration is a solid career path to follow, with a multitude of occupations available to pursue. This list represents only a small handful of the great jobs you can find with one of these degrees. Once you've earned your AAS business administration degree, your future will be bright as ever, and you can go whichever way you choose.

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Writer Molly is a prolific writer who spends all her time on the Internet writing about everything that fancies her. She is a well sought after guest writer who can write across all niches including, but not limited to, tech, gadgets, travel, finance, education, health, etc.

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