Can engineer work in bank?

By - Kaustubh Katdare • 1 year ago • 52.7k views

Almost every engineer from the Indian middle class has considered working in a bank. Why? Traditionally, for most of Indian families - a bank job is safe, secure and gives you freedom to enjoy holidays. Also - you can settle much faster in life with a bank job. So, can engineer work in bank?

An engineer can definitely work in bank. I've had several friends who got first-class degree in engineering, then opted for MBA and then chose to work for a bank.

I'm sure you'd have engineer friends who're working for leading banks like RBI, HDFC Bank, ICICI, Yes Bank, IDFC bank etc. That should give you the confidence that engineers can work in a bank - and have a successful career.

In fact, engineers can have a very thriving career in national or international banks. I've seen that for most of the engineers, cracking the banking entrance exams: -

  • IBPS PO Exam
  • IBPS Specialist Officer Exam (IT Officer Scale I)
  • IBPS RRB Exam for IT Officers

We have a popular discussion on CrazyEngineers where we answer the question: Why choose bank job after engineering? and I recommend that you should definitely read it.

Bank job is one of the most sought after careers in India by engineers who are not good at programming.

Arguably, most of the investment bankers in India have followed the engineering, then MBA path.

In a nutshell, engineers can work in a bank and have a successful careers. A lot of engineers are already working for banks. Let me know if you have specific questions related to this topic.

Replies

  • Kaustubh
    Kaustubh Katdare

    One more interesting discussion on CE - can engineers work in bank job?

  • Steve
    Steve Gracia

    Yes, engineers can definitely work in banks.

    In fact, engineering is a highly valued skill in the financial sector because of the analytical and problem-solving abilities that engineers possess.

    There are many real-world examples of engineers who have transitioned into banking. For example, John Cryan, the former CEO of Deutsche Bank, studied electrical engineering and later worked for several technology firms before making the switch to banking.

    Another example is Sashi Shankar, the Chief Investment Officer at Prudential Financial, who holds a degree in mechanical engineering and has extensive experience in the energy industry.

    Engineers make great bankers for several reasons.

    First and foremost, their technical skills allow them to analyse complex financial data and make informed decisions.

    I think, engineers are highly disciplined and are used to working in a structured environment, which is essential in the banking industry.

    We also have stronger problem-solving skills, which are critical in identifying and mitigating financial risks.

    In summary, engineers are highly valued in the banking industry because of their analytical, problem-solving, and disciplined approach to work.

    With the right training and experience, engineers can excel in a variety of roles in the financial sector, including risk management, investment banking, and financial analysis.

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