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Switching Careers After 17 Years in Banking: What's Next?

Maxim

Maxim Emmanuel  | Answer  |Ask -

Soft Skills Trainer - Answered on Jul 22, 2024

Maxim Emmanuel is the marketing director of Maxwill Zeus Expositions.
An alumnus of the Xavier Institute of Management and Research, Mumbai, Maxim has over 30 years of experience in training young professionals and corporate organisations on how to improve soft skills and build interpersonal relationships through effective communication.
He also works with students and job aspirants offering career guidance, preparing them for job interviews and group discussions and teaching them how to make effective presentations.... more
Asked by Anonymous - May 13, 2024Hindi
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Career

Hi, I am working in the banking sector for the last 17years, presently heading a branch. I have had enough of banking and want to shift my industry.... What do you suggest?

Ans: Hi,

Thanks for writing, well the otherside of the grass is always greener..!

The banker cannot be banked upon, the doctor cannot doctor his approach and the engineer can't always engineer success.. I have said it on record.. Maxim Emmanuel.

Now that you have had enough of the banking industry that banked on you and you on them for last 17 year's and many an aspirant clamouring for a bake.. Oops bank!?

Here you say you are done and dusted, so what's in your mind, I really don't know your core competence and qualifications, abilities and capacities!?
So why should I shoot of my hip ... Suggest I mean!?

I believe you need to understand whats in store, when you do a cross career switch, where your core competence of finance and accounting procedures, may be needed in NBFC and corporations.. O did I suggest.. Yes I did.. Go to corporate website go to careers and swing in your CV.. they may or will bank on you and your expertise!

If you do need further professional advice happy to assist
https://m.me/maxim.emmanuel.2024
Career

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Hii .I'm a PSU bank manager. I have experience of 12 years. I m frustrated by the torture in banking these days. I m d only bread winner in family. I m slowly degrading my mental as well as physical health.Please advise me for some career switch option
Ans: I'm sorry to hear about the difficulties you're facing in your current role. It's crucial to prioritize your mental and physical well-being, and considering a career switch can be a step toward a healthier and more fulfilling professional life.

Reflect on your skills, interests, and what aspects of your current job you enjoy or excel at. Consider taking a career assessment test to identify potential career paths aligned with your strengths and interests.

Use your banking experience to become a financial advisor or wealth manager. This role allows you to work closely with clients to manage their finances, investments, and retirement planning. You can transition to a corporate finance role within a company, focusing on financial planning, analysis, and management. You may decide to leverage your banking experience to move into risk management or compliance roles, focusing on ensuring organizations adhere to regulations and manage risks effectively.

If you enjoy mentoring and educating others, consider teaching finance, banking, or business management at educational institutions.

If you have a business idea or passion project, consider starting your own business. This allows for more control over your work environment and schedule.

You can use your extensive experience to become a consultant in banking, finance, or business operations. Consultants often have more flexible work arrangements and can work on diverse projects.

Switching careers can be daunting but also rewarding if it leads to a healthier and more satisfying professional life. However, with your experience, it should be a fairly simple thing for you to do.

Prioritize your health, do thorough research, and make a strategic plan to achieve a successful career transition.

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Nayagam P

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HELLO, I am working in old generation pvt sector Bank for the last 15 years and presently posted as Branch Manager in a metro branch. I am a math graduate and my age is 40+. I am completed JAIIB AND CAIIB. I want to switch from Banking to other sector. Please guide
Ans: Raj Sir, Please stay with the bank and don't quit until you find employment outside of the banking industry. Depending on your interests, aptitude, attitude, & personality traits and the job market trends, you will need to choose amongst alternative career options. Additionally, if you choose to transition to a different field, you need to be knowledgeable about that field and/or gain the skills and expertise that nearly all employers and recruiters require. Make a shortlist of your interests, set up job notifications on LinkedIn to learn about open positions, and continue to improve your skills through both online and offline channels. You must, however, consider the essential and noteworthy qualities or benefits that you will gain by taking these courses, such as: (a) the course's relevance; (b) accreditation and recognition; (c) the instructors' expertise; (d) the course's content and curriculum; (e) the learning format and flexibility; (f) the duration and commitment; (g) the fee structure; (h) the certifying authority and credibility; (i) evaluations and endorsements; (j) post-certification assistance/career services; (k) the evaluation and certification process; and (l) the technological framework used. All the BEST for Your Prosperous Future.

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I have completed class 12 from CBSE with 60% marks. I want to do B.Tech from CBSE and I have not given any other exam. Kindly tell me some college or university for BTech. And my budget is also 2 lakh per annum i.e. including hostel and mess along with tuition everything will come in 10 lakh. I belongs to general EWS category.
Ans: For a general EWS category student with 60% in CBSE Class 12 seeking B.Tech admission in Northern India within a budget of around ?2 lakh per annum inclusive of tuition, hostel, and mess fees, several private engineering colleges offer feasible options. Institutions like Chandigarh University, Lovely Professional University (LPU), and Shobhit University Mohan Nagar provide B.Tech programs with manageable fee structures near or slightly below ?2 lakh annually when including residential costs. These colleges maintain accreditation from bodies such as AICTE and UGC, ensuring regulated academic quality. They offer modern infrastructure, experienced faculty, and structured placement cells with tie-ups to industries for internships and job placements. Admission often occurs through merit-based evaluations for EWS category students without requiring competitive entrance exams like JEE in some management or merit quota seats, or via state-level entrance tests. These colleges emphasize a balanced academic curriculum with practical exposure and offer scholarships or financial aid to EWS students, easing fee burdens. While not among the highest-ranked institutes, they provide a credible platform for technical education with opportunities for campus placements in core and IT sectors, alongside supportive campus life and safety measures.

Recommendation: Choose private engineering colleges like Chandigarh University, Lovely Professional University, or Shobhit University for affordable, holistic B.Tech education within your financial framework. Evaluate their specific branch offerings aligned with your interests and consider direct admission sessions or management quota opportunities for EWS category seats, ensuring solid academic support and placement prospects. Engage early with college admission offices to confirm fee inclusions and scholarship eligibility for your category. All the BEST for a Prosperous Future!

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Is it worth to pursue MSc in Data Science, jointly offered by IIT Madras and University of Birmingham
Ans: The MSc in Data Science and Artificial Intelligence jointly offered by IIT Madras and the University of Birmingham is an 18-month full-time, internationally recognized program that delivers a world-class curriculum with studies split between India and the UK. The program provides flexibility with two tracks—students can either complete their research and electives mostly in Birmingham or return to IIT Madras for the final phase. It integrates rigorous academic coursework with a short industrial placement and a substantial research project co-supervised by experts from both institutions. IIT Madras, renowned for its award-winning pedagogy, strong industry linkages, and top NIRF ranking, combines with the University of Birmingham’s global research excellence and Russell Group status, ranked within the top 100 globally. The dual exposure fosters cross-cultural communication skills, broadens technological perspectives, and deepens understanding of data science and AI, enhancing employability across roles like data scientist, AI developer, machine learning expert, and research scientist. Graduates benefit from robust industry partnerships, international academic collaborations, and career support, positioning them strongly for both the job market and potential further studies globally.

This program offers an exceptional blend of academic rigor, global exposure, practical industrial experience, and cutting-edge research opportunities.

Recommendation: Pursuing the MSc in Data Science jointly offered by IIT Madras and the University of Birmingham is a highly valuable choice that equips students with advanced skills, international perspectives, and strong career pathways in data science and AI through top-tier institutional strengths and global networks. All the BEST for a Prosperous Future!

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International Education Counsellor - Answered on Aug 11, 2025

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Namaskar. Sir please suggest newton school banglore ( gives certificate to S vyasa) & Dayanand sagar university, Dsce banglore csc placement wise please.
Ans: Newton School (Bengaluru, via S-VYASA / Rishihood University)
• Offers an industry-focused B.Tech in CS & AI, recognized by UGC/AICTE, and grants alumni status from both Newton School and Rishihood University
• Placement performance is strong:
o Up to 98% placement rate
o Over 2,500 students placed with hiring partners like Google, Amazon, Razorpay, McKinsey
o Average packages around ?12 LPA, sometimes higher
o For internships, 93% students got offers in 2nd year, averaging ?25,000/month, with top stipends up to ?50,000/month; some even ~?1.25 L/month at Google
Excellent placements and real-world exposure. Strong choice if you're keen on careers in software, AI, data—and flexible later for higher studies or government roles.
Dayananda Sagar College of Engineering (DSCE), Bengaluru
• Has a dedicated placement division with solid support—mock interviews, soft-skill training, etc.
• Placement stats:
o Highest packages range between ?52–56 LPA
o Average placements around ?6–6.5 LPA
o ~55–80% of students get placed
• Specifically for DSU (Dayananda Sagar University):
o In 2024, highest package: ?35 LPA, total offers: 419, with 450+ companies visiting, and several “dream” and international offers
Good options, especially if you're targeting higher packages. But overall placement percentage is lower than Newton, so some students may need to work harder to grab top offers.

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