Banking - what is this profession? Where are they studying banking?

Today there is a very fashionable and prestigious specialty - banking. What is this profession? Let's try to understand the actual issue.

Description of profession

The meaning of the word has Italian roots. "Banker" from the word banco - "table", respectively, the banker - the person who works at the table. But today it is a multifaceted specialist, it is distinguished by the propensity to predict. He also has an analytical mind.

At present, experts in banking are incredibly in demand. Therefore, it is relatively easy for them to find a job. They are waiting for investment organizations, financial institutions, credit organizations, exchanges, insurance companies, etc.

Work in a bank depends on the position of the employee. For example, a specialist in a financial institution will be engaged in advising clients, analyzing indicators, forecasting, etc.

Many large banks in their structure can have up to 10 units with certain functions. The key areas are:

• Crediting;
• investment activities;
• Operational activities ;
• Treasury Department.

Banking is a profession that requires utmost care and responsibility. The tasks of a specialist depend on the place of work. That is, the bank specialist will work with the clients' cash. His duties will include monitoring the issuance and repayment of loans, issuing and exchanging plastic cards, etc.

The history of the profession

Speaking about the fact that banking is a profession, the description should begin with its ancient origin. A number of sources claim that it originated when there was Babylon, that is, in the 7th century BC. Then there were usurers. Moreover, even then banknotes were used - gudu. They were just as valuable as gold.

Ancient Greece also made a contribution to the development of banking. In the country worked money changers, or trapezites. Their job was to exchange coins, store money. Ancient Greece - the first country where they began to carry out settlement and cash services by writing off and crediting money to customers' accounts. Loans also originate from Ancient Greece: the temples provided funds from their depositories.

A banking specialist is a profession that has been formed relatively recently. In Russia such activities were carried out by moneylenders. But when banks appeared that became intermediaries in large money transactions, there was a need for workers. They had to be able to accurately handle payments, loans and loans. Therefore, a new profession arose, a banker acting as an intermediary and operator of a credit system. Specialization "banking" began to develop. What kind of profession is this, we will now disassemble.

Importance of banking

Banking is a profession that today is of great importance. So, skilled workers are necessary. Any economically developed country is not able to flourish without specialists who are able to establish this mechanism - the implementation of monetary transactions, both inside and outside the state.

Where can a banker work?

Getting acquainted with the banking business, almost everyone asks the question: "And where else can I work, having received this education?" Are there any professions connected with the banking business? "

Undoubtedly, the classical financial operation is lending. However, there are a number of other areas of banking . Most financial institutions perform different operations, conduct servicing of various customer segments. Which departments of any organization can not do without bankers:

• Investment;
• credit;
• valuable papers;
• operating;
• stock;
• legal;
• Reporting;
• Marketing, etc.

The list goes on and on. In each department there are functions that can be performed by a specialist in banking. He can also find himself in insurance. Almost everywhere you need a person who knows banking. "What is this profession, where to work?" - after the end of the institute such questions will not arise.

Pros and cons of banking

Like all professions, banking has both advantages and disadvantages.

The advantages include:

1. Stability. Despite the fact that the market is unpredictable today, commercial banks will always be in demand.
2. Fast career takeoff. If the banker has a desire to achieve high results, he will cling to any opportunity: to undertake difficult tasks, to stay at work outside of working hours.
3. Competitive salary.
4. In most banks, a system of labor incentives is developed (bonus, bonus).
5. Many banks pay voluntary medical insurance for employees.

Disadvantages:

1. A high degree of responsibility, which is always present.
2. There is no right to make a mistake.
3. The work schedule is not standardized.
4. At the beginning of the work path, work seems monotonous and monotonous.
5. Beginners have a small salary.

Where do they study banking?

What is this profession? What should I take? Where is this taught at all?

In Russia today there are many specialized universities with economic or financial faculties. Classical education future bankers can receive, for example, at Moscow State University, MGIMO, the Finance University under the Government of the Russian Federation, the Higher School of Economics or REA. These are the best and famous universities of our country. But apart from them there are many more good, worthy universities.

To find a job in a bank or financial institution, you should get an education in the specialty "Economics". In addition, it will not be superfluous to finish a magistracy on a specialty "Finances and credit".

Having completed training in the specialty "banking", you get a complex of knowledge in the field of financial circulation, standard operations, economic forecasting, accounting. The obligatory program also includes studying the nature and functioning of credit operations, and so on.

Who is ready to become a specialist in banking?

A specialist in banking can be people with good mathematical abilities and an analytical mind. The person who is engaged in this business, knows how to lay out everything on the shelves, then to analyze and systematize the information received. You need to be focused all the time and pay much attention to detail. Of course, the economic discipline should be loved by a person who knows banking. What is this profession without interest in the economy? In addition, the banker usually has a good memory and has the desire to bring all the ends.

Also, a person preparing to become a banking specialist should be a professional and have healthy ambitions. Often, these qualities are the main trump card when hiring. Purposefulness is also strongly welcomed, because every day there will be difficulties. An employee must be able to overcome them and want to move on.

When a young specialist is recruited, almost always he goes through a small training course. Therefore, it is necessary to be trained, to strive for new knowledge. Some banks, by the way, after the training conduct an examination and only after that decide whether or not to take a specialist to work in the bank.

Career

The starting point for successful professional growth is the higher profile (economic) education.

Banking career usually begins with such positions as:

• Customer service officer;
• assistant accountant;
• Clerk, etc.

As a rule, a beginner has a low salary. At the same time, it is possible to go up the career ladder. But for this you need to put some effort. To become a mid-level manager, it may take just one year. If the employee has certain abilities and aspirations, he can receive the post of head of the branch, deputy head, director of the bank.