Steps to Achieve Success as a Bank Manager – A Complete Guide in 2024

Some of the children’s are birth born as athletes while others have the interest in academics studies it’s all depends on the self interest some have the fixed mindset from childhood and some will change the career according to the current society trends.

Each and everyone has their own opinion in their lifestyle either in career or living lifestyle. But if the child has chosen the right path and focused on that to get succeeded then it will be more fit as well as good but some will be not in steady mind and they choose their career by seeing other’s action and that leads to the wrong career path.

In recent time many people falls in the banking jobs and it is good for stable career growth as well for one person’s stable life. In this article, we have described you how to become a bank manager after 12th standard school passed.

After you read this article you will get to know how to become a bank manager, what are the qualifications needed for become a bank manager, what is the age needed for become a bank manager, and what is their salary and so on.

How to become a Bank Manager – A Complete Guide

Choosing the right career is probably most important decision in one person life because right career will leads to good wealth and stable lifestyle of a person.

Now a days everyone has the smartphone or computer along with internet so when someone search for a good stable career they wont find the right career path because you may get the many career advise and it leads to confusion which one is best and suite for us and which one is stable career lifestyle for the life growth. In this article we are going to look into how to become a bank manager because being a bank manager is undoubtedly a stable career lifestyle. We will let you know how to get a bank job and become a bank manager.

Who is Bank Manager?

Bank Manager is the position who is in full charge (control) of the entire bank or one particular branch of the bank. Usually their daily routine job is to monitor the entire bank or branch to know whether the bank runs smooth without any issue. Under the bank manager many employees of the bank will reports to the bank manager at the end of the day. Some of their roles and responsibilities are as follows,

• They are the one who is full responsible for taking the decision for the approval of the money lent to the single person or an business.
• They are the full responsible of the entire bank and its employees who is working in that respective branch or bank.
• They usually think creative to attract more new customer and it leads to bank growth.
• They are the one who is full responsible for the entire bank and its property.
• Their main responsible is to managing and maintain the marketing, training to the new employees and already exist employee if any new product launched in the bank, lending, business operation, administration and its security of the entire branch.

Bank Manager can also work with consultancy, brokerage firms and insurance companies to enlarge the bank and spread to many new customers. Bank managers also have the responsible and rights to hire a new bank employees and giving the required trainings. They also have the responsible to interact with the bank customers if the situation needs to talk and resolve they issues or needs. They also have the main responsible to increase the sales and attract new customers as well existing customer needs.

How to become a Bank Manager

If a person needs to get enter into an career path he/she needs to achieve something to get a good and better job. If you wants to become a bank manager then follow the below process to get enter into an banking job that too as an bank manager,

• At first, you must need to get an pass mark in 10th and 12th standard and complete any bachelor degree in Finance or any related to banking domain. There is no matter what medium you have taken in your school studies or which group you have taken. Post completion of 12th standard you must get enters into B.com or BBA degree in college studies.
• Post completed of college studies at first get enter into any role in banking job of any bank. The basic level of bank experience is needed to become a bank manager so gain the experience by doing any role in banking domain. If you need to get enter into any public sector bank then you must need to clear the banking exam which was conducted by Institute of Banking Personnel Selection (IBPS). Once you get passed in this exam you may get an job role as clerk, probationary officer or any specialist officer. IBPS score was consider in many of the public and private banks to apply any role in the banking domain. If you gain a good level of experience within three years of banking job you may apply for an Bank Manager role in any bank if your conduct certificate is good in previous banks.
• There is an alternate method to become a Bank Manager if you completed any Master degree in Business administration of Finance. Many of the colleges are having a career partnership with multiple banks if you have studied in that college you don’t need to suffer can easily gets an placement in that academic year. But if you are not coming in that then you need to look over the job portal where the Bank Manager job selection where held and go further and get placed.

How to become a Bank Manager after 12th school completion?

The real fact to get in any job will happen after 12th standard school completion. Below are the ways that how to become a Bank Manager after 12th standard school completion,

• Post completed 12th school you have to get in a college by choosing the degree in B.Com in Banking, BBA (Hons) Finance and Banking, Bachelor of Business and Commerce in Banking and Finance, B.Com in Taxation and Finance or any Business or Finance related degree was must to get an Banking job.
• After completion of any bachelor degree you have to give a exam in IBPS, Bank PO, RRB or any bank related exams which are conducted by many institutions only for Public and Private sector bank jobs.
• To overcome with your competitor increase your qualification by completion of MBA in Banking or Finance after you done with your Bachelor degree in Banking or Finance. It will be an added advantage to boost your visibility of your resume in the interview.

Bank Manager Salary

Hope so now you will be cleared that how to become a bank manager post. There will be more benefits if your academics studies was higher then your salary will be higher than what you expect. Bank Manager post is one of the most powerful job in a country, not only that there will be more & more benefits as well as high security if you get an Bank Manager post in top rated bank.

The starting salary of the Bank Manager will be getting between Rs. 3 lakhs to Rs. 4.5 lakhs annually. Once you started gaining the years of experience you salary may gets higher like even Rs. 10 lakhs and above depends on your experience and what you know than others. This all standards only about the salary other than this you are qualified to get extra benefits like family tour, security or any other benefits. When you are coming on the job security you don’t need to worry about that it will be a stable and guaranteed job if you have a good quality level of experience and there is no bad conduct in your work experience.

Bank Manager Qualification

Not anyone can wake-up and become a bank manager there are some certain qualification and terms was there to become a bank manager, following are the some of the terms to become a bank manager,

• A bachelor degree is must with masters in finance, commerce or business administration.
• If you are a completed a post graduate there may be a higher chances to get bank manager post in earlier when compare to bachelor degree peoples.
• To become a bank manager it is must you need to complete at-least 3 years of experience in banking domain.
• Most of the Private Sector banks and Abroad banks expectations will be higher than Public Sector banks. If you achieved any Financial certification or any certifications which most of the banks expecting there is an higher chances to get a bank manager post in those companies.

Ups and Downs of being a Bank Manager

Being a bank manager job is high prestige and very responsible in the bank as well there is no doubt about the nature and quality of the job. Here, we have list few Pros and Cons by taken from internet which most of the exist bank employees and bank managers suggested.

Pros

• Good salary and regular hike in every year if good performance.
• Flexible job hours.
• Regular week off.
• Knowledge on regular financial updates which will be useful for personal as well career.

Cons

• Much more competition in this field to become a bank manager.
• To become a bank manager you must at-least should completed 3 to 5 years of experience.
• If your management skills gets reduce then you automatically thrown away from this field.
• You should be ready to face client issue or administration issue at anytime. You should be proactive to solve any kind of issue before it escalate to your higher management else you will be black marked and have chances to lose your job.