What are the ways for an officer working in State Bank of India to make a shift to foreign banks operating in India such as HSBC or Citibank or Standard Chartered?
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I started working as assistant manager in State Bank of India this year. Can I switch to any of the aforementioned banks after 3-4 years of working in SBI? Does one need to do an MBA for it?
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Answer:
I know many people who have made the shift from SBI to foreign banks. SBI personnel are preferred over other PSU bankers save bob staff, due to their rounded experience and multi farious skill sets. However, that alone is not enough to convince a foreign bank recruiter they will like you to display go getter attitude and proactiveness and at the same time be prepared to work longer hours and contend with organisational politics of a different nature. It is chalk and cheese, at the end of it, where the state is not your shareholder.
Ram Pillai at Quora Visit the source
Other answers
Yes you can shift to private or foreign banks and MBA is not a prerequisite, though preferred. But again depends which profile you are looking forward to. If it is for operations and retail banking, MBA is good to have but if you are looking at treasury, corporate banking or private wealth management or investment banking definitely a MBA (especially from top institute) can make a world of difference.All of of the above points are based on my personal experiences.
Harsha Vardhana
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