What is the Banking Department? What Do Graduates Do?

Before giving details about the banking department , let’s remember how much the concepts of money and bank occupy in our lives. With the use of money in history, this profession began to develop, albeit primitive. Now, in the globalizing world where money flows and markets are highly volatile and fast, this profession holds an important point to bring order to irregularities and to carry out market transactions. If you are looking for information about the banking department and the banking profession, you are at the right place. What is the Department of Banking, what do its graduates do, what are the job opportunities, how many years does the Department of Banking last, what are the courses; Let’s see together.

The banking section examines the working of banks and various financial actors (individuals, firms, governments) in the transfer, protection, and evaluation of money. It is expected that the people who will carry out this study will be trained in this department. Bankers, who will be trained in the department, handle the financial status of their customers, their service skills, and banking and insurance activities.

Banking Undergraduate Program lasts 4 years. Graduates of this department start their business life with the title of “Banker” or “Finance Specialist”. There are several other sections that can be alternatives to this section:

International Finance and Banking (4-Year Bachelor)
Banking and Finance (4-Year Bachelor)
Banking and Insurance (2-Year Associate Degree)

The experts that these departments want to train have similar skills.

Some of the courses you can see in this section that recruit candidates with the Equal Weight score type are as follows:

● Effective Communication Techniques
● Business Science
● Law of Obligations
● Economy (Macro, Micro)
● Corporate Accounting
● Financial Accounting
● Financial Statement Analysis
● Economic History of Financial Crises
● Banking Activities
● Audit in Banking

We can list the universities with the Banking Department as follows:

● Akdeniz University
● Ankara Yıldırım Beyazıt University
● Bolu İzzet Baysal University
● Eastern Mediterranean University
● Bilecik Sheikh Edebali University
● Balikesir University
● Ataturk University
● Süleyman Demirel University
● Cankaya University
● Istanbul Commerce University
● Istanbul Arel University

“What does banking do?” We can answer the question as follows: Bankers or finance experts who graduated from this department have many fields of work both in the private sector and in the public sector. These people can find jobs in banks, companies, insurance companies, financial institutions, audit firms or they may prefer consulting.

Salaries of graduates from the Department of Banking vary according to the sector they work in, the company, and the field they specialize in. Graduates who start working in a private bank start working with minimum wage and premium. The starting salaries of inspectors and experts vary between 4,000 TL and 4,500 TL. Department graduates who start working in public banks start to work with a salary of around 3,800 TL.

At the beginning of the difficulties of the department is to reveal the difference among many different department graduates who can practice this profession. When the students of the department graduate and start looking for a job, they will struggle with the graduates of Business, Economics, Economics and even engineering departments.

Candidates who want to choose this department should be careful, responsible, enjoy calculating, don’t mind long working hours, have a stress-resistant structure, and have strong analytical skills.

The job opportunities of the department are good. However, this is a factor that should not be seen as a plus when we add the number of candidates who want to work in this field into the equation. Bankers who want to have a successful career must develop themselves in different areas of the sector, have good foreign language skills and business ethics.

If the students of the department develop themselves especially in the field of international banking, they can open their doors abroad. It will be very easy to work abroad for all candidates and employees who make themselves successful in their field. Working in international companies will increase this possibility. Although there is no 100% English Banking Department, universities can add 1 year English preparatory class. Candidates who have a dream abroad should definitely improve themselves in foreign language.

Graduates of the department should definitely educate themselves on the subject they want to specialize in before they graduate. Areas such as banking, auditing and accounting are among the areas that can be preferred. In this regard, it is recommended that students consult with their advisors.

This profession is in a structure that constantly evolves and changes itself with the different shapes the world takes. Considering that a utopian future where money and financial institutions will leave our lives is far from us, the future of Banking, which is a sector that will never end, seems to be under protection.

All other university departments can be found here.