Why choose bank job after engineering? How to answer in interview?

Khilesh kumar sahare

Being a technical background, Should Panel members asked me questions from technical background deeply ?

Akshathaa0108

I'am an electronics and communication engineer and my aggregate is 53% can i apply for bank PO and SO exam ??

Akshathaa0108

I'am an electronics and communication engineer and my aggregate is 53% can i apply for bank PO and SO exam ??

prakhar kumar sahu

how are bank exams ?easy or tough for engineer to crack

GS11

I wanted to know can I apply for banking?

GS11

I wanted to go in sbi but Iam scared that interviewers may/may not select me.

Ankita Katdare

This is the most asked question in interviews for banking jobs for engineering graduate freshers. Similar to the question "Why MBA after B.E. or B.Tech" that we've discussed a lot on this forum, this is a very important question that one needs to prepare for when going for any banking sector interview.

Traditionally, it is believed that bank jobs are taken up either by commerce graduates or MBA degree holders. However, with the sheer amount of engineers that India is producing year after year, that picture has changed quite a lot in the last decade. More and more engineers readily choose banking jobs straight out of their engineering college.

The straight-forward answer to that is either one of these two or both:
1. Banking career in India is secure.
2. Banks offer better salary package over other sectors.

Even if you have a third option in mind already, you need to be able to put it very clearly before the interviewer. Many applicants aren't very sure of why they are going into a banking sector job, so I advise that you take time out before the interview to write down what a career in banking means to you and why you are a perfect fit for the said position in the bank.

Here are some of the points that I think should come in handy for any engineer preparing for bank interview.

I chose a banking job after engineering because:

1. Changing with times, banks have been fastest to adopt new technologies. As an engineer, I keep myself up-to-date with latest trends in technology sector.
2. ATMs, Internet Banking, Mobile Banking, Credit/Debit Card Management all these departments need engineers.
3. Engineers have really good mathematics & analytical skills - something that the job demands.
4. If applicable to your profile, you can talk about leadership. How you organised events at college level or at internship level. Banks need leaders in every department.
5. Communication Skills. A must for any banker. You need to quote real life examples from your experience at college and extra-curricular activities that helped you build really good communication skills.
6. Stability IT/Core Engineering jobs are highly unstable. If I am looking for a stable career option that pays well, banking offers really good options.
7. Perks at a bank job are really attractive for me as an engineer looking for a long-term stay. For eg: Cheaper loans, Accommodation facilities, Fuel for vehicles, LTC or LFC etc.
8. Banks have a fair selection process that relies heavily on merit. You can prove it to the interviewer that your technical know-how coupled with analytical skills are perfect for the bank job.
9. Every bank today has an Information Technology department. You can learn software used in bank (at least the basics) and that will come in really handy.
For eg: Finacle, BANCS, Flex Cube are the various leading software used in banks. As an engineer, it should be easy to train yourself in any one of those.
10. Last but not the least: Let the interviewer know that you are in this for the long-ride. Banks suffer from high attrition rates and most employees frequently shift their jobs. If you convince the interviewer that you don't like job-hopping (Something that's prevalent in IT sector), you increased your chances of getting selected.

Inviting opinions and suggestions from all engineers on this. If you are applying for a bank job as an engineer, do feel free to ask your questions below.

Ankita Katdare

For additional reading, refer this discussion:
Can engineers be in bank jobs?

Smit Dethe

can I apply for banking job in technical field? If so, what should be the salary that can I expect in banking job?

Ankita Katdare

@Satya Swaroop Dash Could you share some light on the exams that engineering graduates can take for a bank job and what are the positions available these days?

Is it possible to join bank it officer job in btech 3 year if I qualify

@lorisingh‍ - I don't see any problem. 

@lorisingh Do you mean after engineering third-year completion or after 3 years of completing engineering? Your question is a bit ambiguous to understand. Please explain in detail.

While there are multiple good answers already there in this thread, I think we need to discuss about each engineering branch specifically.

Why bank job after civil engineering? or Why did you choose a career in banking after doing mechanical engineering? We need to address these questions here as well..

To be honest, its really a difficult question to give a satisfactory answer to convenience the interviewer as opting for banking job after engineer is all together a different path unless you opt to join in as a software or hardware engineer. 

But there is always a way out to prove yourself, if and only if you have done some diploma course in banking. 

After this, you can answer this question as follows:

Respected sir/madam, I was passionate and I am still passionate for my core field i.e. engineering but towards the end of my curriculum I build an interest in banking sector of my country as being a developing economy banking sector is which into limelight with new reforms and mergers of best banking companies. This interest got turned into passion to work with a banking company so did my diploma but this dose not mean I am not sure for my career or future. The best part would be you can hire for a portion where I can work with your IT department as well as front end desk team and serve your banking company in all ways as IT is omnipresent across all fields. 

Think over this my sir/madam.

Economists, Engineers, and Development - ProQuest

Well, as there are multiple good answers for the post, I think in my view one can opt their career in banking sector after their graduation or can pursue MBA after graduation. It’s always the interest that matters rather than the path to achieve.

I understand most of us face such kind of interview questions why MBA, why banking why government non technical sector jobs after graduation, but believe me it’s not the ultimate filteration question. When you are imposed to such questions make sure you let the interviewer know your passion towards the job. Yes, that’s true you are an engineer and can also support the banking sector. There are many other backend processes in banking sector which needs the engineering support and show the interviewer that you have a clear cut idea about what exactly you want to and what are all the skills that you can propel to support them.

It is not always true that we started something and we ended up with the expected results. One may have interest to the other field after he/she has experienced it. I believe in Better late than never. If such is the case then one can choose something of their interest and succeed. 

compare to job engineering field, bank jobs provide following benefits.

1. office job

2. no shift duty.

3. saves you hazardous work place such as in workshop, open construction site.

4. gives you more public reputation.

5.good banks are PSU or Pvt.. So they give optimum chance of promotion such thing u lacks in engineering field except PSU companies.

There are certain 'hacks' that engineers can apply to answer this question confidently and looking genuine. Since the answer will have to be different for different candidates, the background from which the candidate comes plays a major role in answering this question. 

Answer 1: Say that while studying engineering, you realized that technical field may not be enjoyable for you. State that your background in (electrical, computer, civil etc.) offers promising careers, but you won't be internally satisfied with those jobs. Hence, you are preparing for banking job.

Answer 2: Say that "in my opinion", the banking job actually gives the feeling and satisfaction of directly making a difference to people's lives. Even if you won't be interacting directly with people, your work will indirectly affect tens of thousands of people.

Answer 3: Say that it modern banking is highly influenced by technology. So it'd be better for a bank to have a person interested in technology. 

Answer 4: Say that being an engineer, you are programmed to be a problem solver using available resources. It'd be interesting to have your problem solving skills being utilized in banking environment. Well, be prepared for cross-questioning on this answer. But you can really turn the interview in your favor with it. 

Be prepared with the questions about the role of Bank PO (Probationary Officer) and then come up with a general BS about how you can use your engineering background to perform the role.

There can be a lot of reasons.

There is also a popular saying in TVF Pitchers...

"Jab is desh ke engineering graduates apne 9 to 5 job se bore ho jaate hain, unko 3 rasta dikhai dete hain. 1)MBA, 2)UPSC or 3)Startup."

I find there is also a 4th option available these days and its trending. Its banking sector.

But I would like to answer this question in a manner that engineers don't just quit there jobs and get into banking sector out of frustration or something like that. There could be passionate engineers as well who wish to explore different areas of working fields and they do really well there.

Because it's very secure job , it's offers very good salaries when compares to other sector. Bankers need engineers because now a days banks adopting new technology so engineers keep technology up to date.they good at leadership qualities and communication skills.

Interesting answers by everyone. I have a few more interview-type questions about this. Many interviewers will jump on the opportunity to ask an engineering background student about why he or she wants to join banking sector after a technical education.

So, here are some "why banking after engineering" interview questions list -

1. What is the use of engineering in bank sector?
2. Is it possible to enter banking after IT job? Will it be lucrative enough?
3. Specifics like: Why banking after civil engineering? or Why banking after electrical engineering?
4. How is your subject helpful in banking sector?
5. Why do you want to become a bank PO?
6. How engineering can help in banking?
7. What are your thoughts about career in finance after engineering? (Applicable to MBA Finance candidates too)
8. Which engineers in banking do you know who have made it big?
   
   

You can attempt answering these questions in your free time to practice for your upcoming interview. Keeping these answers handy (rehearsed) can help you be completely prepared.

Thank you for posting these question ma'am. These question helps even me because even i am thinking to write banking exam after my BE. So these question helps me lot to know more about banking. 

Engineering students won't find many jobs in IT sector and they may think it will be difficult for them to prepare for interviews and finding jobs. One of the major reason for choosing bank sector is because of time management and security. In Banking it's easy to find government jobs than private jobs and even salary will be sometimes more than company jobs. These will be major reason for many students choosing banking jobs than IT jobs. 

Even many companies will have job opening in banking or finanace sector. So engineering students can work in banking easily and there won't be any shifts in working in banks. Many engineers don't like coding and they think there coding skills are poor, hence they choose banking.