Banking is one of the most required after career option between the students. It is an entry into a well paid, secure and status career. These jobs are meant for commerce/economics students but the fact is that majority of bank officers are from different streams of education. Now appointing management graduates, CAs and CFAs but bright graduates from any subject can get entry in the Public sector Banks through an “All India Examination” conducted by them. Now banks are in the mutual funds, securitization business credit cards, and consumer loans, housing loans, housing loans besides trading in gold and forex activities. (more…)
Careers in (*) Industry
Cognizant is No 3 IT Company
Cognizant is No. 3 IT Company. Cognizant’s net profit jumped 20.83% to $208.04 million in the April-June 2011 quarter, up from $172.17 million in the year-ago period.
Cognizant said to the press on Tuesday that its revenue rose 34.4% to $1.49 billion in the quarter ended June, and in the process displaced Wipro Technologies as India’s No. 3 IT firm in terms of revenue. Wipro reported revenue of $1.41 billion in the quarter. (more…)
Which is the best IT services company in India to work?
Which is the best IT services company in India to work? Many of our readers want to evaluate and want to know the best IT services company in India to work. If you are working with on of these companies and want to switch – the first question that comes to your mind will be – will this company be better than the present company?
CareerCola is conducting a poll on which is the best IT company in India work work for. Take some time and poll your vote to decide the best IT services company in India.
Loading ...If you have some suggestions regarding the names of the best IT services companies that we are missing – write in comments below.
Career in Software Industry
Lot of people in India are thinking about the future of Indian software industry, whether it is a good career or not. More and more students in college are confused whether they should go to the software field or not.
Careers in BPO
BPO (Business Process Outsourcing) is one of the rapidly growing industries in India. Career in BPO can be very rewarding, providing you a chance to put your skills to the test. It is the fastest developing segment of Information Technology Enabled Services industry. The BPO market is always hot in India and will remain same if there occurs any uncertain financial crisis.
The Bank Job – Jobs in Banking Industry – Careers in Banking industry
Banking is one of the traditional sector offering stable jobs and in this post we will be discussion about various jobs and roles in banks and banking industry. The jobs in Banking industry unlike the other segments of BFSI – like financial services are relatively stable but low paying. While financial services and investment banking offer high paying jobs – these jobs are rarely stable and involve lot of work pressure. Comparitively the banking jobs are considered as long term career and more stable.
Here are some of the positions or roles available in the banks. Whether you are keen on making a career in banking or not – knowing this will be useful as we all interact with banks some or other time.
Bank Tellers: The Bank Tellers do all the monetary transactions at the front office. They are the one we see behind the cash counters when we line up to withdraw or deposit cash. Be it depositing the money or withdrawing the money – you deal with the Bank Tellers at the counter. The job of the Bank Teller is to focus on the minute details as in verifying the name, date and identity of the customers who are at the receiving end.
Book Keeping And Auditing Clerks: The job of the Auditing Clerk is to record and classify financial data. They normally work in the back office and do not interact with customers. They keep on calculating and keeping track of the financial records.
Financial Service Representative: The Jobs in Bank Industry of the Financial Service Representative is to promote different products and services offered by the banks. They are also responsible for opening and closing accounts and keeping a record of all the financial transactions. The Financial Representative sometimes cross sell other related products like insurance or a trading account.
Bank Branch Managers: The Bank Branch Manager’s job is to oversee the complete operation of a Bank Branch. They are responsible for end to end activities of the branch and are normally accountable for the profit / loss from the branch.
Financial Managers: Financial Managers formulate financial policies and also help in its implementation. They make business forecasts. Their main job is to manage the different branches of the bank. Financial Manager formulate strategies so as to minimize losses in the insurance sector of banks. The financial Manager prepares financial reports that reflect the financial health of the bank. along with this the Financial managers also monitor the flow of cash. The financial managers sometimes work as controller, treasurer, credit managers, treasurer, cash mangers, and insurance or risk managers.
Loan Officers or Credit Managers: The Loan Officer checks the eligibility of all the individuals seeking loans from the Bank. He checks their credit worthiness, i.e. their probability of loan repayment. After making a thorough evaluation of the loan application from the clients, Loan Officer does the loan officer recommends or approves them. Loans may be commercial real estate or credit loans.
Bill and Account Collectors: The Jobs in Bank Industry of the Bill and Account Collector is to collect the money overdue from the debtors.
In many countries like India a job in Bank is considered very esteemed and many aspirants apply for jobs with banks. Some of the reasons of Banking jobs being popular are – they never go out of demand, layoffs are usually low, and banks offer credit to employees at better rates.
Packaging Jobs Online – a Newsletter for Jobs in Packaging field – Careers in packaging
Sometimes it makes more sense for a job seeker to check jobs on a verticle jobsite (industry job site) rather than a generic job site. One such niche job site is Packaging Jobs Online.
Packaging Jobs Online is the packaging field’s ultimate job board, building up the field’s largest inventory of packaging-related jobs, with new jobs being added daily. The candidates can know about the jobs worldwide in the packaging industry by subscribing to the newsletter. Similarly employers get a chance to tap into a job board with a built-in audience of over 85,000 highly qualified readers from Packaging World, the leading U.S. trade publication covering the packaging field.
To qualify for your free subscription to twice a month Packaging Jobs Online newsletter click here.
The Packaging Jobs Online will bring you the best job opportunities in packaging. The newsletter is deliverd twice a month and presents the best job opportunities in the packaging industry.
Entry Level Retail Jobs Lead to Lucrative Careers
By: Chris Robertson
If you were to survey store managers, merchandisers, buyers, or other high-level retail executives, virtually all of them would say that their first retail jobs were in customer service or in retail sales. They may have started part-time when they were students, took seasonal mall jobs during the holiday season, or started full-time after taking classes in merchandising or in management. For almost every retail professional, though, what began as a retail job turned into a retail career.
How did they work their way up the ladder of retail work? First, they built a foundation based on customer service and sales. This is partly because, when it comes down to it, every successful retail operation is built upon customer satisfaction. A retailer that offers great prices and good merchandise may do well initially, but if the retailer doesn’t take care of customers, the operation is no more than a flash in the pan. Therefore, a proven commitment and passion for exceptional customer service is necessary before advancement is possible.
But the act of keeping customers happy is only one component of enjoying career advancement through retail opportunities. Equally important are the skills you acquire while developing your talent for customer service. After all, customer satisfaction requires a high degree of efficiency (for example, quickly ringing up sales), the ability to troubleshoot (determining what the problem or challenge is and how to fix it), strong interpersonal skills (remaining calm when a customer is upset), and great communication (both in listening and speaking).
Customer service or sales jobs in retail quickly separate those with star potential from those who simply take store jobs out of convenience. Store managers understand that those who have stellar customer service skills directly contribute to the profitability of the enterprise. After all, you are instrumental in establishing and maintaining customer relationships, which result in repeat customers and increased sales. Because retailers almost always promote from within the company, you are well positioned to move up in the company.
As you gain experience in customer service or sales, you are likely to discover other positions that appeal to you. Perhaps you would like to explore retail merchandising, and assume responsibility for merchandise displays, signage, and everything else the customer sees when he or she enters the store. Merchandising is an exciting job that engages your creativity, your understanding of human nature, and your knowledge of the products your store carries.
Another retail career path is in management. Perhaps you like the idea of being in charge of every aspect of your department, hiring and managing employees, and bringing your personal touch to the customer experience. Once you have demonstrated that you have an aptitude for management, you can rapidly advance up the management ranks, moving on to store manager, regional manager, or even district manager.
Retail career advancement can take many different forms. Taking advantage of in-house promotion opportunities is key, but you can help increase the speed with which you move up the ladder by volunteering for company trainings, attending management training programs at community colleges, developing relevant technology-related skills, and taking classes in specialty areas like merchandising.
Wherever your retail career path leads, keep in mind that entry-level retail jobs give you the chance to develop a variety of skills that will serve you well.
Author Resource:->
Chris Robertson is a published author of
Majon International. Majon International is one of the worlds MOST popular internet marketing and internet advertising companies on the web. Visit their main business resource web site at: http://www.majon.com
To learn more about subjects like retail jobs please visit the web site at:
http://www.retailfit.com
For more information and informative related articles and links about this subject matter and content, please visit Majon’s Business and Entrepreneurs directory: http://www.majon.com/directory/Business_and_Entrepreneurs
Article From Articles Promoter
Career in Retail Industry
Today retail Industry is not just expanding but also getting more organized. This shift has attracted many to join courses related to retail industry such as retail marketing and merchandising. The rising trend in retail industry is generating new jobs for educated and specialized staff in the world of fashion retailing. A person having degree and experience in such field is able to demand higher pay packages. If you have interest in retail industry, you can see a brighter career.
Want to know if you really a cut for career in Retail Industry ? Answer these questions:
- Do you have potential to handle large and diverse activities with strong customer orientation-always staying a step ahead of your customer and anticipating his/her need.
- Do you have ability to keep a sharp eye on current sartorial Trends and fabric
- Do you have have excellent people skill
- Do you have experience in warehousing and retail supply chain
- Do you have buyers to source products directly from manufacturers, quality control managers, merchandiesers to pick the right products and track their off-take.
If your answers to two or more of these questions are yes, then maybe you should try looking into the building a career in Retail Industry.
India with the entry of mega shopping malls, retail chains and departmental stores like shopper`s stop, Big Bazaar and crossroads.Indian corporates such as RPG, Tata,Pantaloon, Raymond’s and host of prestigious brands are entering the space and betting big on Retailing.which only goes to underscore the need for trained professionals in this steady growth industry.overall the retail sector is slated to grow at retail offer tremendous potential for growth.It is expected to generate 2-3 million jobs over the decade.consists of the sale of goods or merchandise from a fixed location, such as a departmental store , or by post, in small or individual lots for direct consumption by the purchaser.Retailing may include subordinated services, such as delivery. Purchasers may be individuals or businesses. In commerce, a retailer buys goods or products in large quantities from manufacturers or importers, either directly or through a wholesalers, and then sells smaller quantities to the end-user. Retail establishments are often called shops or stores. Retailers are at the end of the supply chains. Manufacturing marketers see the process of retailing as a necessary part of their overall distribution strategy. Shops may be on residential streets, shopping streets with few or no houses, or in a shopping center or mall, but are mostly found in the central business district. Shopping streets may be for pedestrian only. Sometimes a shopping street has a partial or full roof to protect customers from precipitation
With large organized departmental chains invading the metros and the growth of the consumer class, retail management has begun to occupy an important link in the marketing chain.No longer confined to small businessmen ad mom–and-pop stores, organized retailing is one of the fastest growing sectors in our country. India retail industry is expanding itself most aggressively, as a result a great demand for real estate is being created. Indian retailers preferred means of expansion is to expand to other regions and to increase the number of their outlets in a city. It is expected that by 2010, India may have 600 new shopping centers.
Employment Oppurtunities:
- Generally large retail outlets require people with more specific training in diverse functional areas with specific skills and-sets including techies and MBAs and those trained in the hospitality Industry
- Retail industry needs warehouse and retail supply chain managers
- Quality control Managers
- Merchandisers to pick the right products and track their off-take
- visual merchandisers and store layout specialist to create the right feel and ambience within store
- store managers to supervise the day to day running of the outlet
- HR Specialists for staffing
- People required for customer support
- Facilities Management
- Efficiency and profitability Experts
In retail industry your salaries can be double in couples of years and carer progression is swifter then elsewhere.You can being a customer care executive to floor managers within a year then from floor managers your next promotion will be a Departmental Managers and ultimately store Managers.Salaries in retail Industry are competitive: Rs 1.20-1.80 lakh p.a for management trainees, Rs 12000-15,000 p.m. for merchandisers and Rs 4,000-6,000 p.m. for front-end sales executives.
Useful References:
Hypermarket
Big Bazaar Retail Industry : http://www.bigbazar.com/
Department store
Lifestyle: http://www.lifestylestores.com/
Pantaloons Retail India pvt. Ltd. : http://www.pantaloon.com/
Shoppers Stop: http://www.shoppersstop.com/
Entertainment
Fame Adlabs: http://www.famecinemas.com/
Inox: http://www.inoxmovies.com/
PVR: http://www.pvrcinemas.com/
Careers in Insurance Industry
Insurance industry is going to be one of the hot sectors attracting new talent. The employment generation from this sector is compared to other hot sectors like Business Process Outsourcing (BPO) and Information Technology (IT).
Want to know if you really a cut for career in Insurance Industry? Answer these questions:
- Do you have an interest in understanding the risks (life and non life) and methods to cover risk?
- Do you understand or want to understand what is Insurance and Actuarial Science?
- Do you have the diligence to continuously improve yourself in one particular field even if you believe you are one of the best at what you do?
- Do you believe in products you handle (whether you sell them or process them) and will vouch for your products all times.
- Do you have the heart to help your clientele reap the most out of a risk coverage?
If your answers to two or more of these questions are yes, then maybe you should try looking into the building a career in Insurance Industry.
Insurance may be described as a social device to reduce or eliminate risk of life and property. Under the plan of insurance, a large number of people associate themselves by sharing risk, attached to individual. Insurance Career is the employment option that lately came to India’s innovative career seekers. When liberalization policies opened up ground to Indian private sector Insurance companies and FDI capital, the growth thirsty sector started to boom. India’s general public was also in a hurry to receive the service oriented insurance business. The Insurance sector not only provide protective shield to the lives and assets of the nation but generate thousands of jobs and career opportunities for India (insurance is second larges new age industry after BPO).
Insurance companies are in business of covering the risk. The risk, which can be insured against include fire, the peril of sea, death, incident, & burglary. Any risk contingent upon these may be insured against at a premium commensurate with the risk involved.
In a bookish definition – “Insurance is actually a contract between two parties whereby one party called insurer undertakes in exchange for a fixed sum called premium to pay the other party happening of a certain event”. The process of evaluating risk and asking a premium is known as underwriting. In simple words – Insurance is a contract whereby, in return for the payment of premium by the insured, the insurers pay the financial losses suffered by the insured as a result of the occurrence of unforeseen events. With the help of Insurance, large number of people exposed to a similar risk make contributions to a common fund out of which the losses suffered by the unfortunate few, due to accidental events, are made good.
Positions in Insurance Industry
Insurance industry requires people with diverse background such as marketing, sales, distribution, underwriting, operations, claims processing, investment experts, medical experts, agents, actuaries, risk managers and surveyors. Here some of the key positions are explained:
Insurance Advisor / Agent: The old saying – people do not buy insurance – it is sold to them. The advisor or agent is like last mile connectivity between Insurance Company and customer. A very vital link – the advisor helps them select an insurance policy and also aids in the ensuing paperwork and documentation. The advisor’s job is a hardcore sales job (mostly commission based) and is not a one time sale. Advisor has to maintain relationship with customer over a long period. To be successful at this job you need to have very high degree of persuasive skills. You do not need very high qualifications bu may need to pass IRDA exam to become an advisor. Advisors earn up to 10-15000 Rs. if they sell about five policies – and of course there is no limit for people with fire in their belly.
In most companies advisors and commission agents, there are chances for advisors to become Unit Managers in due course with few companies.
Unit Manager: Unit Manager recruits advisors and motivates them to do more business. They prove a vital link between insurance agents and company. The Unit Managers are usually recruited from non insurance sales background and they earn between 2 to 4 lacs per annum.
Branch Manager: The key role of Branch Manager to help achieve branch targets through his team of Sales managers, Unit Managers etc. They develop the sales network, chalk out the sales & marketing strategies for the Branch and help recruiting & inducting new Unit Managers. They sometimes joint sales call with their team. Branch managers in mid size cities earn somewhere between 3.5 to 8 lacs.
Insurance Underwriters: Underwriters are the one who decide if insurance is provided and under what terms. They are needed to identify and calculate the risk of loss from policyholders, establish who receives a policy, determine the appropriate premium, and write policies that cover this risk.
Actuaries: These are the guys who crunch the numbers (well they use mathematical theories, probability, historical data, compound interest, statistics and financial techniques) to decide on what premium is fixed for one category of customers. While underwriters decide on case by case basis (by using guidelines provided by Actuaries) Actuaries are the one who create insurance premium tables. If you like numbers – maths, statistics you can be a cut for this jobs but you need to be a member of Actuarial Society of India (which you become only after clearing some eighteen papers – mostly maths and stats related). This may soud tough but rewards a galore – they earn somewhere between Rs. 8 to 20 lacs per annum.
Useful References:
Regulatory & certification Bodies
Insurance Regulatory & Development Authority (IRDA): http://www.irdaindia.org / http://www.irda.gov.in
List of Agent Training institutes:
http://www.irdaindia.org/ati/total_ati_list.zip
Actuarial Society of India: http://www.actuariesindia.org
Website of few Life & General Insurance companies in India
Life Insurance Corporation of India: www.licindia.com
ICICI Prudential Life Insurance Company: www.iciciprulife.com
ICICI General Insurance Company: www.icicilombard.com
Reliance Life Insurance:
www.reliancecapital.co.in/rcamportal/rcam/aboutus/reliance_life.html
Reliance General Insurance: www.reliancegeneral.co.in
Max NewYork Life Insurance Company: www.maxnewyorklife.com
State Bank of India Life Insurance Company: www.sbilife.co.in
Aviva Life Insurance Company: www.avivaindia.com
