Engineer in a bank job -- Is it justified??

I have completed my MCA In 2009,i tried for a software job but i didn't succeed because of recession.After one year my fresher period over,if i want to join in a s/w company i must bring a fake experience.I thought it is unfair and i wrote bank exams and i succeeded.Now i am doing job in no.1 bank in India

  At the same time my friends entered into some companies with fake experience.They are doing their jobs very well and earning more money than me and living in city's.I am doing my job in rural area,travelling 50km every day.

I am happy that i have govt job,but i have some questions in my mind,please answer me because you are all well experience in your fields.

Did i made mistake not going for IT job by fake experience?

I thought ethical values are more important in a life?is it wrong?why i'm unhappy with low salary and working in a rural area

Does my fate change in long term?

The present day increasing changes in all industrial/manufacturing/IT/Trading/Banking/Financial institutions business establishment has necessitated for candidates with multiple skills in performance.

Hence today, anybody can do any nature of assignment in business in accordance with their specialized skills. Any business establishments today need both technical as well as commercial skills.

Earlier it was a practice that the technical guys would do the technical jobs and the same case with non-technical guys who would perform commercial jobs.

On the contrary the present situation is changing.Today every one has to be strong in techno commercial aspects while negotiating with customers. What we need is the interest to learn the technical as well as the commercial aspects of jobs involved.

Even in banks there are B.A., and M.A., graduates without any relevance to the bank jobs, but with learning on the jobs trainings and we can not argue that the B.com., and the M.Com., graduates should be appointed.

Everything depends upon the situation that so warrants.Why the technical graduates pursue for M.B.A., This is because to run the show effectively with technical knowledge accompanied by commercial & administrative capacity.

Moreover today's business tycoons and industrialists who even have not have their degrees either in commercial or technical subjects but capable of running their business in a very successful way with educated graduates in various branch of studies.Hence any branch of education has got its own merits in case it is properly utilized in applications.

The answer is if a person is qualified to take decision in favor of bank he has justified the occupation. The qualification does not matter and there is no wastage of money spent on infrastructure created to make engineer. The equilibrium takes place as and when it has to take. Many good examples are their Qualified CA working as Trustee for NGO an engineer working as Member of Parliament  a politician working as CEO of Sport bodies, BCom graduate working as software engineers the list goes on

In my opinion the jobs and the qualifications are decoupled. If you take the profile of the IIM graduates who take up Banking jobs ( generally they have an IIT engineering and IIM degree)as an indicator, i think there is a large scope for the engineer skills to be used in Banks. However, your question may be engineering graduates taking up banking clerk jobs. In the absence of a forecasting and need for engineering graduates and graduating from institutions with poor infra will only lead to this kind of situation. The question is the expenditure involved in creating the engineering  graduate to go for a bank job is justified or not?

Well, what is the required qualification for a Bank job?  Everybody here seems to think that a Bank job is simply the teller's jobs or the Customer Service officer's jobs.  It is not so.  There are so many specialised functions within a Bank - Treasury, Large, Consortium and Syndicated Loans & Advances, Planning, Budgeting, Risk Management, Housing Loans, so on and so forth.  And each area requires different skillsets - Engineer's skillsets included.  So why is there a doubt about this?

Seeing from the other point of view as well, what are the jobs that an engineer has to do?  Can somebody please list them out.

Again, people here are against people studying multiple disciplines are wasting the country's resources.  I certainly dont think so.  As a person specialises in different areas, he is able to see different viewpoints and able to give innovative solutions and brings all the fields together.

dEAR FRIEND IN OUR IFE ANY EDUCATION IS NOT WASTED.SECONDLLY THE WORK IS WORK IT NOT DEPENDS ON YOUR EDUCATION EDUCATION IS THE KEY OF YOUR JOB AND YOUR WORK IS KEY OF SUCCESS IN JOB.

i wud like to add one more point that if we go with the literal meaning of the word

"Engineer" which means

" To arrange, manage, or carry through by skillful or artful."

 E.g. He certainly engineered the election campaign beautifully.

So engineering also means skillfully managing the things... and banks do need such people.

& the analytical thinking which engineers can exersize is very difficult to find in somebody else.

i wud like to add one more point that if we go with the literal meaning of the word

"Engineer" which means

" To arrange, manage, or carry through by skillful or artful."

 E.g. He certainly engineered the election campaign beautifully.

So engineering also means skillfully managing the things... and banks do need such people.

& the analytical thinking which engineers can exersize is very difficult to find in somebody else.

Natteraja I am in agreement with you on your views.

Thanks Mr. Shankar.

I agree with Natteraja's argument. Without estimation of Engineers, banks can't sanction the loan for housing, Industries etc....

Friends you may be aware that in the HO or Regional Head quarters of the banks there is one department called Engineering & Estate department where civil, electrical, maintenance engineers and also architects are there. The Banks need to construct a new branch requires in any of the area or construct staff quarters and all they NEED electrical & civil maintenance by the ENGINEERS. The civil engineers are planning and designing the building/construction, the electrical engineers are planning and designing the electrical installations. So with the help of the Civil & Electrical Engineers accompanied by others the projects are being completed and handed over to the user. After some time again the same Electrical and Civil Engineers are looking after the maintenance of the building.

But as for as my knowledge goes, the engineers are not assigned the jobs in day today bank transactions, of course a very few.

So friends, every establishments whether banks or anything need engineers. 

Thanks Dr.Ali Ahmad for the referral.

Lets come to basic, Is Higher studies means only to sustain good oppotunity by employing in some reputed firm and high profile designation ?

The basic concept is gaining knowledge. If this knowledge with logic where basically engineering provides provides value in banking operations then why not. Arent the engineers capable in thinking and doing different ?

One should understand that knowledge in discpilne studied should not be engaged in working. Talent in any field should be encourged. 

Engineering is a degree that makes capable of man to work in different areas. We should have a curriculum with basic subjects of engineering for qualifying all graduation course. Let people to work at the field where they can excellence their performance.  

Present trend is moving from B2B(Business to Business), B2C(Business to Consumers) & now, M2M(Machine to Machine). It does not mater, where an Engineer is working. What maters is how the skills are used. Automation moves in every where, networking tremendously occupies much of the offices, IT goes unprecedented application in all walk of life. Banks are no exception & are not meant to keep mainly ledger/ accounts. We discussed about Mobile purchase RS5000/. Who is to do & monitore the activities. You need engineering skills.

first of all i would say that plz don mention such stupid things " watch 3 idiots movie" as sum1 have mentioned in the no section.  dude this is real life and not reel life. ok. here, if u think u r able to get any type of handsome paying job whether in bank or any other damn field ur basic instict will be to go 4 it.

since engineers see the opening in banks, they go for it coz they know very well that they have the calculatrion and quantitative ability to clear the exams.  engineers clear the job on their on guts and EARN the bank job.

those who r on the no side , tell me one thing..

if u were eligible to seat in entrance exam of any high paying technical job, at that point of time will u think, even for once, that i have done b.com,b.a,bsc,bba,etc than why i studied all that to do technical job!!! u all undstood what i meant to say..

Follow your heart...probably nobody guided you and so you may have landed up doing some damn course for no good reason...and i have seen many cases wherein the candidate is confused which subject to take up at college level and end up doing some junk for which he/she is not interested in...but later on they begin to understand and end up doing something different successfully. It does not happen with just engrs., but in other professions as well...

so theres nothing wrong in engrs. ending up in banks if thats where they can excel in...but theres something wrong switching careers too often because you are still confused at this ripe old age...since that question is out of scope here...i support engrs. in a banking job hands down

Hi All,

To start with, the most successful business leaders in Indian Banking has a background of strong technical Education B.Tech & an MBA (Mostly Many CEO's Namely Ex-ICICI CEO MR. K.V. Kamath.......Its just an example to quote..

In almost more than 60-70 % of the Employees fare Better than the commerce graduage, the reason being their Analytical skills, process improvement and Automation ability to reduce cost, productivity leakage and yeild better results on the whole for an organization

These day banks are working on fierce competition, cutting edge technologies and through various levels of compliance adherence. Hence Upgrading and innovative technological solutions is an intergral part of the Banking Industry, Unlike the traditional banking system......

I also understand that there are various depts. where specialized commerce graduate or a CA would only perform and that kind of specialization is a Hot job requirement and should be handled only by respective talent professionals, after all its their professional career choice..

Thereby I agree Banks should considerably have a minimal threshold limit of having Engineers as their employees..

Would appreciate any comments on this!!!!

there is no harm if an engr. join a bank willingly.

In a bank an engineer is an asset .In considering large advance proposals the limit of which is fixed by different banks but generally over 1 crore,a technical viability study is mandatory.This is not possible by an MBA even unless he or she has technical/engineering background.A technical study by an engineer gives a lot of courage to managers some of whom may not be highly educated as they have risen from the ranks.

In my case as an ex manager of  india's fifth largest bank i have greatly benefited with close association with my engineers in handling large proposals and this positively reduces the posibility of slippage, or even NPA's.

The only thing required is close coordination with engineers and managers in such cases.

Needless to say one of the executive directors of united bank of india in the recent past was a renowned engineer and through his effort many sick advances could be turn around for the benefit of the bank

2 roti ki bhookh sab karvati hai vats ..

bhookh .. gurbat .. ..sab karvati hai ,

insaan ko hijra banaati hai ..banduo.

yes why not if he/she is capable for work then why engineer should not work in a bank.

Before specialized education there is something on which anyone can perform any role. Man is a greatest copier on the earth so ones he she join that environment definitely there will not be any problem for performing a role.

Thanks for invitation 

As long as the economy is thought as a science devoid of true math - yes. Who else would do the math for banks?

What you need for a bank job is numerical ability, understanding little of commerce, understanding of English and to follow instructions. This has no relevance to the degree someone holds.  So many engineers get into software industry for money and other reasons. Their knowledge in the particular specialisation might not get used and will slowly get lost. In our society, we are more bothered about family and  societal compulsions and commercial considerations become the priority than job satisfaction or knowledge contribution.  We should De-link degrees from jobs and skills developed alone should matter for any profession.

if an engineer justifies his job as a clerk ..why not as a cashier :: p. o in a bank ..

you know :: job security is the greatest security better than life security ..

at least one can sleep sans pink : red : yellow cards .

In my opinion if an engineer is working in a bank,,he could be more productive than a simple graduate. And if a person is both an engineer and a management graduate then he could be produdctive as well as effective.

Now every bank processes are automated,,and hardly any manual work is done.So bank staffs need to be technically expert. They must deliver their work fast. You can feel its need when you go to any nationalized bank in our country. If their is any defect in their system they call technicians to curb it. Imagine if they would have been self sufficient how much time would have been saved as well as customer would have been also satisfied.