BANKING OPERATIONS
Entry of foreign banks has opened new 'accounts' for those who fancy figures. Now that the government has decided to do away with the Banking Selection Regulatory Board, public sector banks also get a free hand to employ personnel of their choice. The rapid growth of banking system, its prospects for future and tremendous reach have helped make banking a growth=oriented profession.
INSURANCE SECTOR
The recent privatization of insurance sector has paved the way for global majors to enter the Indian insurance market. Also, with privatization, it is expected that the induction process will be streamlined into specializations such as finance, marketing, sales and client servicing. The sector is likely to become more lucrative for employees. Career options such as actuaries, external agents and surveyors are available. The nature of work in the insurance industry can be broadly divided into administrative, development, accounts, and investment officers. The professional body, Insurance Institute of India, through its 75 local chapters all over India provides training in this field.

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