The advantage of online banking is that you can pay bills superfast, and your account is automatically credited or debited for each deposit and payment, making it easier to stay on track. Private banking came into being and new milestones are observed after that. The introduction of ATM machines are of great help to the people as they can make transactions from anywhere across the country. The next change in the field of banking was mobile banking that updates the clients through the SMS facility. The banking sector is really one of the greatest sector that can bring a change and a revolution in the economy of India. A lot of job opportunities are coming in this field and the career too is very promising . There are different subsectors in the banking field where there is requirement for people to meet the new challenges and demands.


Financial services perform best in low interest rate environments. A large portion of this sector generates revenue from mortgages and loans, which gain value as interest rates drop. Furthermore, when the business cycle is in an upswing, the financial sector benefits from additional investments. Improved economic conditions usually lead to more capital projects and increased personal investing. New projects require financing, which usually leads to a larger number of loans.


The insurance sector is growing rapidly and is at pace with the other competitive sectors that enhances the economy. As a result of globalization, deregulation and terrorist attacks, the insurance industry has gone through a tremendous transformation over the past decade. Apart from LIC (Life Insurance Corporation) there are different private organizations like PNB MetLife and the banking sector too is combined with the insurance sector. It helps people during their troubled times and provide them money that were invested by them in policies. Recently Apollo Munich had filled a diabetic cover policy with the IRDA. In order to excel a lot of manpower is required thus bringing into more number of vacancies.

Audits & Consulting

Audit & Consulting is becoming an increasingly broader industry incorporating roles such as management consultants, recruitment consultants and business advisors, to name just a few.But whichever way you look at it consultancy is a varied profession, with projects and clients changing constantly. This can be the beauty but also the challenge of this profession.The origins of the consulting industry in the UK date back to the 1950s as American management consultancy firms extended their reach across the Atlantic, and the Institute of Consulting was set up shortly after as a membership body for the growing market.

Media, Travel , Hotel & Entertainment

Media is a new technology that became prevalent in the recent past. The three flourishing field of media are radio , television and print. The introduction of so many radio stations as well as television daily soaps have increased the productivity of this industry.
The travel industry caters to recreational, leisure and business travelers. According to the World Tourism Organization, the travel industry generated revenues of US$856 billion in 2007. The travel sector covers the following services:

  • Transportation services (such as cruise ships, airlines and taxis)
  • Hospitality services (including accommodation in hotels and resorts)
  • Entertainment services (in casinos, amusement parks, shopping malls and the theatre)