Career Advice: What should I do to start a career in the banking sector in India?
Apply. There's a huge shortage of people across verticals and banks, especially with Payment Banks, Payment Applications and what not coming up.So, broadly these are the ways you can get hired:1. Investment Banking - i) Do an MBA from a top Indian/Global B-School. ii) Do a CFA. If you do not want a rigorous career in Investment Banking - and instead want a rigorous career in Retail Banking, then :1. Go to a Tier I Business School / Tier I grad school for interesting, central /strategy roles.2. Go to a Tier II business school for Branch backing/support roles3. Join a Manipal /IIBF program. Something like a Young Bankers' Program where you earn a stipend while you study and then get to work in Branch Banking based roles.If you do not want a rigorous role but want to be in Banking:1. Give PO Exams for various PSU Banks.You could also join Banking via specialized jobs or support activites such as Marketing/HR/Compliance/Tech functions.Regardless of what anyone tells you, 95% of banking in India, whether retail or investment is no banking at all!It's process building, sales, technology and data entry.So, the traditional purview of banking as being big on numbers is something you only get to experience in profiles such as treasury, Credit Risk, Wholesale Banking Operations etc.There are no educational/cultural/work experience barriers to banking. It's not a specialized profession but you are best off with either extremely strong quantitative skills or either extremely strong sales skills.O.P. Bhatt , Ex- CEO , SBI was a BA Pass in English.Chanda Kochar went to a B-School. There are bankers who were lawyers, and there are bankers who were accountants.It's easy to start a career in Banking.It's very hard to stay in a career in Banking.I-Banks burn you out and are extremely competitive work environments.R- Banks are 'easier' but middle management is so saturated, it's tough too make it to the top.SO, choose wisely.
Getting a job at retail stores?
hi i recently got laid off from my old job 3 months ago.. i worked at a warehouse producing Military accesories for the vehicles they use.. it was a pretty fast paced and deadline oriented job and required to work under pressure. i been working there for a year and 7 months i got laid off due to lack of work and the company had economic problems.. a couple months later i heard it close... so now 3 months later i been applying to retail jobs as retail associate or stocking.. for example i been applying to target, costco, wal-mart, toys r us and retail store you can imagine and my applications have been getting rejected.. can anyone give me tips on what i should put on my application i described my primary duties on my applications and tried to be as convincing enough to have them consider to hire me.. but i have no luck.. what advice would you give to me if your first job was at a warehouse and looking to move towards the retail business?
What's the best advice for a new retail manager?
Let me just paste this here. I couldn't have said anything better.Time—a fixed resourceTight budgets. Lean staff. Information overload. It's never been harder for retail managers. Those who manage time well can do these things:Know when to solve a problem immediately, when to put something off and when to delegateEliminate time wastersHandle interruptionsSay "no" to unreasonable demandsHow to lead, not just manage, staffEffective retail managers encourage and facilitate self-management among their personnel. They do this by:Communicating and evaluating performance standards by focusing on specific behaviors and outcomesUsing appropriate reinforcement techniquesGaining commitment to performance goalsMaintaining an atmosphere that values sharing information in downward, upward and peer-to-peer directionsCoaching for resultsSetting realistic goals and follow-up datesTeamwork lightens the loadFor retail managers to have any personal life, they must be able to trust staff to work and solve problems on their own. Skilled managers continually work at:Delegating responsibilityEstablishing group goalsAligning staff people and their roles so that cross-training and cooperation can thriveIdentifying and securing resources so people can do their jobs wellMotivating the team to work together and support each other even in stressful timesLeveraging individual differences and valuing diversityIn retail, change is a givenChange in retailing is what drives success. Styles change. Customer needs and wants evolve. Competitors jockey for market leadership. Retail management means managing change by:Anticipating changeLeading group problem solvingManaging transitionChampioning innovationReducing resistance to changeLeadership is not just for top managementThe good retail manager learns to move from a focus on day-to-day activities to focus on implementing strategies as a leader who's responsible for moving the organization into the future.
Which generally pays more, waitressing or retail??
Serving hands down. But it is not for everyone. It put me through college..moved me two states away & to a big city too! Retail results in NO money. Even as a retail manager...I'm sure they do not even make $30K a year (sheesh) If you do decide to become a waitress, I recommend starting at one of the family style chains (Red Lobster, Olive Garden, Carrabbas, TGIF's, Chilli's, Applebees, etc [or which ever one is popular in your city]) Then I highly recommend, after you get some experience under your belt that you transfer to a more upscale type restaurant. I easily made at least $400 a week waiting tables and that is not even working 40 a week as you would have to in retail.... Not to mention the cash in hand-- no waiting around for paychecks to be cut. Just remember that it is also very easy to get used to the lifestyle of a server........ Good Luck!
My First Interview Help!! ( Retail Sales)?
It would depend on the store, if its a high end store or a men's clothing store that sells dress clothes and suits, then I would wear a suit and tie. If its a department store or another retail store (Gap, Hollister, American Eagle, etc) then I would wear dress slacks and a long sleeve button down dress shirt, neatly pressed and tucked in. Wear a nice belt and nice dress shoes. You can wear a tie if you want, and should if its a nicer store like Macy's, but it wouldn't be necessary for a casual clothing store. Since you said this is your first interview, I am assuming you have not had a job before. When they ask about skills or experience, you can tell them about volunteer experience, clubs or groups you belong to or other experience that isn't a real job. Things like selling concessions at school games or fundraisers for clubs count as sales experience. Emphasize skills like great communication skills and good interpersonal skills or if you're good at math, say so. Other good skills to list are problem solving and listening. It really just depends on what the interviewer asks. They may ask you questions like "why do you want to work here?" "why do you think you'll make a good sales rep?" "why should we hire you?" and "what are your best and worst qualities?" Try to think of answers ahead of time, but don't try to memorize them - you will probably sound rehersed and it won't come out right. If they ask you things like "what is your worst quality", put a positive spin on something that can be negative. Say something like "I can be pretty hard on myself if I make a mistake/don't get things perfect" or "I'm a bit of a perfectionist".
What are the best jobs to get with no qualifications and only retail experience?
First - only retail experience doesn’t mean no qualifications. Here’s my advice. Sit and think of all the things you LIKE and DON’T like about the job you’re doing. Do you LIKE greeting customers, helping them find what they need? You could do customer service, or join with personal shoppper sites/apps like Favor, Doordash. Do you admire your manager, or at least that position? Learn more about what it takes to do retail management, and focus on that. Do you like the independence of stocking shelves and moving items to the front of shelves etc? You could look for work in warehouse, or other product positions, inventory. Also, there’s no such thing as just an overall “best” job - it’s not the JOB that’s the best, it’s your personality, aptitude and experience that fits YOU best. Nobody can tell you that. Good luck to you.
Seasonal retail jobs - where are the best places to work?
I am a stay at home mother and a school teacher by training. I am a hard worker, and I need a retail job for the holiday season. I have never worked in retail before. What advice can you share about applying for this kind of job? Who has the best training? Which stores offer employees the best discounts? What kind of pay can I reasonably expect? I don't even know how much to ask for! Thanks! Jen
What are the easiest places to get hired?
The true fastest places to get hired are the fast food restaurants, such as McDonalds, Burger King, Wendy's, Taco Bell, all Pizza places etc. Other places where you might have good chances of being hired as well as the fast food places are the retail stores such as Target, Walmart, Best Buy, Dollar General, Dollar Tree, 99 cent only store, yogurt stores, Star bucks, JC Penney's, Health food stores etc.. The reason that these jobs are easier to get into is that they pay very little, compared to others in industries not related to the fast food or retail business. Besides the low wages, expect to get few hours. These businesses try to keep 99% of their employees extremely well below the full time hour week and are non union. The purpose is so that employees will not qualify for benefits by working full time hours. There are others, generally low paying, and are mostly located in the food business, retail and hospitality fields. Try using the following: Apple One, ACT 1 or Select Personnel.However, in any of the above jobs, you can be promoted to manager which will include travel, benefits, vacation time, sick time, corporate positions especially if you have a degree or lots of experience like a person over 55 who has worked all their lives. You can progress anywhere if you really want to.These are USA and Canadian places.... I don't know other countries like I do these two. I know a little about England, Australia, Austria, Norway, Finland and tiny bit about India. I have friends there so I can usually find out more.