WORKSHOP ON CAREER OPTIONS IN BFSI INDUSTRY (29TH AUGUST, 2023 TUESDAY)

 

The PG Department of Commerce and Management organized a workshop on the “CAREER OPTIONS IN BFSI INDUSTRY”. The resource person of the day was Mr. Kanwaljit Singh, Founder and CEO at Proftrain Mentors and the Lead Trainer of CPBFI-CSR initiative of Bajaj Finserv Ltd. The workshop was initiated by a formal welcome by Mrs. Shikha Puri, Dean, Commerce Club. Mr. Kanwaljit initiated talking about the dynamics of the job market and highlighted the importance of Banking, Financial Services and Insurance (BFSI) in the years to come.

 He said that as the technology is taking over the operations, customer retention is becoming a challenge. So, students must acquire the skills required to serve the BFSI Sector. He explained about the Certificate Program in Banking, Finance and Insurance (CPBFI) by Bajaj Finserv, which can be a game changer for the students. It is core component of Bajaj Finserv’s employability initiative, aimed at making graduates employable for banking, financial services and insurance industry. 

He discussed that, there are six skills needed in BFSI, which include, understanding of industry, effective communication skills, confidence, practical exposure and understanding of products. There is a huge gap between demand and supply in the job market meaning there by that the jobs are plenty but there is paucity of skilled people as only 5% of people are employable so, the students must groom themselves through proper training. CPBFI is a customized program for a person who is looking for a career opportunity in BFSI Sector. The course module is divided in to four sections of total 96 hours

wherein.

Module I- Managing self (Swaroop) -12 hours

Module-II Communication and workplace skills – 36 hours.

Module-III Overview of retail banking -24 Hours

Module-IV Insurance and allied services -24 Hours.

Once the students clear the exam and HR Interview, they become an Alumni of Bajaj Finserv and placement related opportunities are regularly posted. The whole session gave a comprehensive overview about the skills sets required to be a part of BFSI Sector and the associated program CPBFI program that could help the program ready for the job market wherein only three sectors shall have a role to play i.e., IT, Healthcare and BFSI sector. Around 60 students of B. Com Sem V^th, B. Com (FS) Sem V^th, M.com Sem I^st and M.com Sem III^rd and faculty members of PG Department of Commerce and Management attended the program. It was a knowledgeable session that gave guidance and deep insights about their career choices that will help students excel in their lives and attain their goals.