I am 34 years having 11 years experience in Banking in major private sector bank. I am well versed with banking and credit operations but want to upgrade my profile in machine learning & Technical field. I have computer science engineering qualification. What would be the most suitable job profile for me?

Ans: Hello

Given your rich domain experience you can assess various areas that machine learning can be used...detecting frauds to enhancing process efficiencies....

Suggest you also exchange notes with your colleagues from IT domain, do online search and best talk to ChatGPT ... basically do brainstorming.

All the best.

Ans: Thank you for getting in touch with me on Rediff Gurus. Given your background in statistics and experience in banking, there are several sectors you could consider transitioning into that leverage your analytical skills and managerial experience. You could explore roles such as data analyst, business analyst, or data scientist, where you would use statistical techniques and analytical tools to derive insights from data and inform business strategies. Your managerial experience could be beneficial in roles such as operations manager or operations analyst, where you would oversee and optimize operational processes for efficiency and effectiveness. You could also explore opportunities in fintech startups or established fintech companies, where you could contribute your expertise to develop and implement cutting-edge financial solutions as well. Additionally, within the finance sector, there are departments that are increasingly adopting new technologies and skills, providing opportunities for growth and transition.

In terms of finance departments that are more inclined to new technologies and skills, areas such as financial technology (fintech), quantitative finance, and financial analytics are increasingly adopting advanced technologies such as artificial intelligence, machine learning, blockchain, and big data analytics. By developing skills in these areas, such as programming languages (e.g., Python, R), data analysis tools (e.g., SQL, Tableau), and understanding of financial markets and products, you could position yourself for roles that are at the intersection of finance and technology.

Ultimately, the key is to identify your interests, strengths, and career goals, and then explore opportunities that align with them. Consider networking with professionals in your desired field, gaining relevant certifications or qualifications, and seeking out mentorship or guidance to support your transition. With your background and experience, you have valuable skills that can be applied in a variety of sectors and roles beyond finance.

Ans: I have known students working in PSU banks doing Executive MBA after working for 5+ years. They eventually get placed in MNC Banks. So write the GMAT and try applying to colleges like IIM A B C ISB XLRI for executive MBA course. Do some research before you start your journey.

Ans: Making a career switch after eight years in a public sector bank (PSB) and holding a managerial position is a significant move. Given your background in agriculture and the desire to explore fields outside finance, there are several promising sectors you can consider. Given your educational background in agriculture, this sector is a natural fit. Various roles here could align with your experience and interests. Use your managerial experience to work for companies involved in the production, processing, and distribution of agricultural products. Work with NGOs, government programs, or international organizations focused on rural development and agricultural projects. Although you mentioned not having active IT skills, the agri-tech sector often looks for professionals who can bridge the gap between technology and traditional agricultural practices. Learning basic tech skills could be beneficial. Project management roles in infrastructure development often require a combination of management skills and knowledge of ground realities, which your agriculture background might support. Roles in managing projects related to sustainability, conservation, and environmental protection. Companies in various sectors need efficient managers to oversee their supply chain operations. You can work in the sales or marketing of seeds, fertilizers, pesticides, or agricultural machinery.

Ans: Look at different options before you finalise on Manual Testing. Advent of technology in different fields have brought in many career options. See if there is any relevant to the work you have been doing so that you can leverage on your experience. No point switching a job and starting from scratch in area that may not grow in the future.