Knowledge @ TKWs

TKWs Institute of Banking & Finance in association with Shine.Com organized a national level HR Conference for Banking, Financial Services & Insurance (BFSI) companies. The conference which was organized on 3^rd February at The Lalit Hotel in Delhi was the first HR event focused on banking industry. The senior bankers from Citibank, Standard Chartered, HSBC, HDFC, ICICI, etc affirmed that for India to become a global banking hub, human resource is a challenge that must to be addressed.

The star of the event was Mr Ravi Subramanian, the celebrated bestselling author who has written books like “If God was a Banker”, “Devil in Pinstripes” & “I Bought the Monk’s Ferrari”. The delegates got insights about HR issued from seasoned professionals like Mr Raamann Ahuja of Deutsche Bank, Ms Nikita Mehrotra of Standard Chartered, Ms Deepa Mohamed of SMC Global, Amit Garg of HT Media, etc. Explaining the purpose of the conference Mr Amit Goyal, Director-Dean of TKWs IBF said, “This conference is an attempt to make the right kind of noise. For Indian BFSI companies to become a global leader, we must learn to work with this new generation. The Neo Generation Bankers was an important theme because of the shift in societal values. We’ve recently transitioned into a knowledge economy. The new generation of knowledge workers has grown with Realty TV, Facebook & Blackberry.”

The conference panel discussions were structured on AIR principle of HR created by the International HR Consultant Mr Sumit Chaudhuri of Third Millennium. Following the key note and the inaugural session Mr Chadhuri explained the AIR principle and how it zeros on to the HR requirements of BFSI companies. This was followed by three important panel discussions - Talent Acquisition, Talent Grooming & Talent Leverage.

Besides knowledge & best practices the event also offered a great networking opportunity. Mr Rahul Gandhi, Brand Manager of Shine.com explained that “… as a recruitment portal our goal is to provide better career for better people. Through this event we have created an unparalleled opportunity for delegates to meet senior professionals from BFSI industry.”

The important issues and challenges addressed during the conference are being updated in form of a knowledge capsule. These information capsules will be released every week on www.instituteobanking.org/conference

Former Investment Banker & Best Selling Author, Mr Chetan Bhagat confers award for Best Banking Institute to TKWs Institute of Banking & Finance.

28^th May 2011, the audience stood up to greet the iconic youth idol, Mr Chetan Bhagat, an IIT-IIM graduate who left a comfortable investment banking career in pursuits of his creative aspirations of writing books.  The audience comprised of the who’s who Indian Academic circles representing top Indian Colleges & Universities. The venue was Education Excellence Awards organized by Big Brands Research.

Mr Chetan Bhagat a former banker himself had to announce the award for Best Banking & Finance institute. The research team at big brands research had spent countless nights, in collecting feedbacks and doing physical surveys to identify the best. The suspense was broken with the statement, “the institute which has the vision of becoming the “IIM of Banking Sector”. TKWs Institute of Banking & Finance had been chosen the best banking and finance institute for its Experiential Learning Techniques and Bankers Meet – an annual HR summit for BFSI leaders. Mr Amit Goyal, Dean of TKWs who received the award from Mr Chetan Bhagat said that “More than us it is the students which make an institution. This is an award won by TKWs students for bringing us closer to our vision. We are proud of our students and faculty.”

Later the organizers explained that TKWs Institute of Banking & Finance has carved a special niche in banking education. There are very few institutions which have a strong focus on serious banking education. TKWs Institute has been able to create practical industry related subjects and teaches them through very innovative learning methodologies. We spoke to the students and parents of TKWs students and each one of them feels that TKWs has changed the lives of their children.

Visit TKWs Website at www.instituteofbanking.org or    Facebook Profile www.facebook.com/TKWsIBF

For more information TKWs can be reached at +91 9250035001 or through email at banking@tkws.co.in

A bank probationary officer is the starting level for class I officers in banking sector. The candidates are selected through written examination followed by GD and Interview. Probationary officers are trained to work in different functions such as admin, operations, accounts, marketing, finance, investment, etc. Thereafter candidates are posted as Asst Manager in any of the bank branches. Industry estimates suggest 20,000 to 50,000 PO vacancies every year in the first half of this decade. The current demand is like a dream come true for the government job aspirants.

The sudden surge in PO offerings has created a rush amongst aspirants, who are adopting shortcuts for cracking the written exam. Most of them forget that PO selection criterion is designed for selecting the most eligible candidates for a banking JOB. Therefore, many fail even after having a good score in the written exam, due to limited awareness of banking and finance. RBI has recommended the public sector banks to give preference to candidates having professional qualifications in banking and allied fields. According to Mr Amit Goyal, training director TKWs Institute of Banking & Finance “Aspirants must learn about banking operations & laws, financial environment, instruments of taxation & retail banking to be able to make a successful career in both private as well as public sector banks”.

Joining a banking course acts as a doubled edged sword for candidates determined to make a career in Banking. On one hand the student acquires right qualification and knowledge to crack the PO interviews while on the other a fall back option is created in form of several private sector banks.

Right time for Preparation

A background in commerce is not a requirement and hence students from all fields can get a BANK JOB. Sooner the preparations start, higher is the chance to succeed. Ideally, students should start preparing themselves right after 10+2. Along with graduation, students may enroll themselves in professional banking courses. The students should also start reading financial newspapers and stay abreast with financial markets. Communication skills are an integral part of any GD / Interview assessment. The students should try and improve their English communication and acquire computer literacy. With all this students should regularly do a timed practice on old PO papers. This improves the speed and accuracy. The students can visit the www.instituteofbanking.org for more information about upcoming exams and tips on preparation.

Is any help available?

TKWs Institute of Banking & Finance is one such institute that prepares candidates I n all aspects to become a complete banking professional. Every year, the institute offers 60 seats each for Diploma & PG Diploma in Banking & Finance. Students pursuing these courses are taught banking, finance, insurance, stock markets, etc by retired RBI officers and practicing financial experts. In addition TKWs’ students also attend classes in Spoken English, Personality Development, Business Communication, Computers, Tally, etc. TKWs also invites the best PO Coaches and counselors from across the city, every week. This all-round training backed with a dedicated placement cell ensures success for all TKWs student.

For more information TKWs can be reached at +91 9810533760 or through email at banking@tkws.co.in