Build Your Career in Banking

Banking is a fast-paced, energetic industry with many opportunities including lucrative salary for long-term career growth. Whether you are on the front lines of a retail branch or behind the scenes in corporate banking, working in this industry will expose you to different aspects of the business world.

In order to build a career in this sector, you should know all ins and out about this sector. You should have a clear idea about the local & international banks and their criteria. Because different banks possess different functional pattern & recruitment procedures.

There is a total of 56 banks found in Bangladesh, where 47 private and 9 are public respectively. Among them 53 banks are commercial and 3 banks are in the specialized category. 9 foreign banks are currently operating beside 47 local banks in Bangladesh. Those foreign banks are now operating as the regional branches of the banks which are incorporated in abroad.

There are four branches in the field-

a) Operation Branch: Usually this branch has Financial Administration Division, Infrastructure Division, Software Group, different branches supervision department, human resources department, and marketing departments.

b) Investment Branch: An important branch of the bank. Small Enterprise and Consumer Division, Property Management Division, Department of Investment Policy and Planning Division and monitoring work are performed in this branch.

c) International Banking Unit: This unit operates major facilities in the foreign trade department, garment department, management department and the foreign remittance department of revenue funding.

d) Internal Control and Compliance Branch: Usually Monitoring Division, Compliance Division and the Audit and Supervision Department is responsible for performing the work.


Additional facilities You will Have:

Payroll employment in the bank, as well as some of the original scope, are available at bank job. They are:

– Two years of formal allowance.

– Two – Three Bonus’s every year.

– Employed loans, computer loans, home loans, etc.

After retiring from a job in a bank and a variety of projects, private companies, banks, and other job opportunities are available. State and foreign banks have branches in other countries. Based on the good performance of the external branch, you can find those job opportunities. Salary is based on experience and expertise in the field of employment in the bank continues to grow.

Recruitment Process:

Among Public banks and private banks, there are some differences in the recruitment process. In State-owned banks -students can apply from all faculty, in private banks – business studies students are given precedence.

Any bank official media are used mainly for job ads. Also, they ads the job in the national magazine, websites, and banks own website for hiring staffs.


Government bank recruitment:

Government bank’s three positions are created for the newly recruited graduates-

  1. Supervisor
  2. Officer
  3. Senior Officer

Also in some cases, some people are appointed. For example, IT (Information Technology), Accounting, etc. branches. It is called in banking ‘Special Recruitment’.


Private Bank recruitment:

Four entry points to the employees of the private banks are Tailored Recruitment, General Banking Recruitment, Management Trainee Officer (MTO) or Probationary Officer (PO) Recruitment & Lateral Recruitment.

a) Tailored Recruitment: In Private banks, at Tailored Recruitment – new job seekers are recruited for a specific position. For example, if a bank cashier’s vacant bank will mention that in their job advertisements. Recipients assigned in this manner will be concentrated at the bank careers usually cash.

Qualifies: Bachelor’s degree holders in any discipline can apply to this post. However, some banks are giving priority to graduates of specific issues (such as MBA Degree). The minimum 2nd class is required for every examination.

b) General Banking Recruitment: Appointment of General Banking at different positions for different branches of the bank employees usually are- Senior Manager, Manager, Supervisor etc.

Qualifies: In this case, the applicant is entitled to pass all the test for at least a second class degree from any reputed universities.

c) Lateral Recruitment: For those with experience in this latest entry point with specific restrictions at the educational qualifications or age; Anyone, at any time, in any manner that could be assigned.

Qualifies: Usually, the applicant should have Marketing, HR, IT-related job experience. Lateral Recruitment of inexperienced people at the bank can make a career in banking.

d) Management Trainee Officer (MTO) or Probationary Officer (PO) Recruitment: Each bank or PO position, especially for MTO staff, are recruited through high scrutiny. Attractive salary, as well as the ranking of individuals, is promoted very quickly.

MTO is colloquially called ‘They are the future leaders of the bank’. They are the future of the rescuer in a bank. The end of the probationary period will be staying at a MTO- what determines the bank’s policies, MTO- of the probationary period, on the competence and training.

Qualifies: Usually ,any students (having any degree) can apply at MTO or PO. However, some private banks gives priority to some of the graduates. Such as business administration, English, statistics, economics, mathematics, etc. Usually, a maximum of 30 years to determine the age of a job application.

Test methods and the types of questions:

Written Test:

Public and private banks have some differences in recruitment exam question. Usually assigned to the bank’s question is formulated by University, Institute of Business Administration (IBA), the Faculty of Business Studies, Bangladesh Institute of Bank Management (BIBM) or similar institutions. Questions of 100 marks in the written examination is usually divided into two parts. Descriptive part  and the second is the impersonal part. The test of time can be up to three hours. Parts of the question usually  have impersonal Bengali, English, mathematics, general knowledge, science, computers, Analytic ability, Puzzles, and the Data Sufficiency. The written or descriptive test questions in math, English, and the analytic ability.

However, the question of Islamic banks are a different style. Except as described in the question of the Islamic culture and the economy have several questions. Government and Islamic banking questions from other banks are usually in English. The test of time and the number of distribution is varied in different banks.


Oral examination:

Approximately a 15-minutes of the oral exam is taken to analyze- wisdom, communication skills, leadership abilities of a candidate. The candidate must have knowledge about the financial institutions, the monetary policy, capital market, the economic situation of the country’s budget, agriculture, etc. as he/she might be asked for some information from their. Moreover, banking and financial services candidates will have to learn the terminology as well. There are many books on the market that all these things can be helpful for the preparation of candidates.

Some tips to prepare for bank jobs recruitment exams are-

1. UNDERSTAND THE EXAM PATTERN AND SYLLABUS: Before starting to read a word about any of the papers included in the syllabus of the banking examination, the candidates must undergo the syllabus and examination pattern thoroughly. It’s important to understand the pattern of the examination because each of the examination for different posts have different examination pattern set by the concerned authority.

2. MAKE PROPER DIVISION OF DAILY PREPARATION TIME: It is important for any candidate, to make a time –table for their regular studies. They should give proper emphasis to the paper they are weak in and should make proper time division accordingly.

3. GO THROUGH COMPETITIVE BOOKS AND ONLINE RESOURCES: There are thousands of education materials available in the online media for the interested candidates. They can visit certain websites dedicated to competitive examination preparation and download the study materials available in there. Apart from websites, there are blogs, articles and annotated repositories that are available online.

4.MASTER THE TRICKS AND METHODS FOR CERTAIN PAPERS: For papers like quantitative aptitude and logical reasoning in the competitive banking examination, the candidates must master certain tricks, methods and strategies. Learning these can take down the time taken immensely to solve certain questions, and give an edge to the candidates to solve all the questions in the paper in limited time duration.

5.PRACTICE, PRACTICE AND PRACTICE: There is no other way to get selected in this rigorous process without practicing your respective study materials .Whether it is math or analytical questions or question banks. you must practice and go through your materials over and over again.


The skills you must start gathering to success in the banking sector:

This industry has diverse career offerings, but making your way will call for a pivotal combination of hard and soft skills-

1.INDUSTRY KNOWLEDGE: Banking requires a high level of finance and industry knowledge. Aspiring individuals should not limit their knowledge base to the banking industry. Just as banking is vital to the economy, so too is the economy vital to banking. Moreover, aspiring banking professionals should build their knowledge base in all aspects related to banking, banking regulations, finance and the economy. Banking professionals are expected not only to have a sound knowledge base, but being constantly aware of new changes within the industry, as well as the regulations and the economy.

2.ANALYTICAL THINKING AND ENTREPRENEURIAL SPIRIT: The banking industry is primarily concerned with risk management. Successful banking professionals excel at managing risk precisely because of their analytical rigor. Banking requires incredible strong lateral and analytical thinking and entrepreneurial spirit.

3.RESILIENCE IN HIGH- PRESSURE ENVIRONMENTS: Central to success in any banking position is resilience when working independently, and especially navigating high pressures when working collaboratively. Successful banking professionals are notably resilient in their ability to work independently in high pressure environments that have demanding objectives, stringent and changing deadlines and a variety of new information appearing at a moment’s notice.

4.VISIONARY FOCUS: Succeeding in banking means predicting emerging changes and envisioning solutions. This skill is useful in any industry, and particularly in the field of banking.


A helpful web link for you-



From Mawlana Bhashani Science & Technology University