The role of graduate employment in the banking industry for the CEO

This report evaluates the role of graduate employment in the industry of banking for the CEO. This report also helps to improve emerging trends and statistical measurement is defining. There will be also an analysis of the graduate students and the international market is defined.

By changing the emerging trends, there are unique skills required by the company to get detailed values and update the specific operations. At the end of the report, different recommendations are given to the Chief Executive Officer for hiring graduate students as employees. This report statistically defines the number of graduate students and the key skills that they must have.

Read more: Leading Through Digital Disruption of Meezan Bank.

Introduction:

The banking industry is the system of financial institutions in which people can store their money as well as use it properly. Working in the industry of banking or finance is a great way to find competitive pay and stability in the job. Banks offer various services to clients as the opportunity to open accounts for many purposes.

 It is a very valuable industry for the economy of the global market because it provides the resources and best ways to get the finances. Different types of banks and professionals exist in the success of the banking industry.

According to the Statista Research Department, employment in the financial service sector in the UK fell between 2001 to 2021 due to the global economic recession. The total number of people employed in this sector analyzed is approximately 1.1 percent, as the graph is unchanged since 2009.

The main reason for this decrease is the global recession. Barclays, TSB, Santander, Lloyds, and HSBC with other banks are close to 573, 330, 305, 270, and 189 respectively. That’s why the unemployment rate of the banking industry becomes decrease as it varies.

Emerging analysis:

Here is an emerging analysis of the banking industry.

• The top global suppliers of the global banking industry are the Bank of an American Corporation, Well, Fargo and Co, HSBC Holdings PLC, and Citigroup Inc.
• There is $1 spent as incremental between 2019 to 2024.
• The expected growth rate from 2019 to 2024 is at a CAGR of 6.0 percent.
• The buyer negotiation levers help to achieve the best prices.
• There is spot pricing, volume-based pricing, and value-based pricing strategies are used to increase the performance of the business and determine the best activities.

Statistics:

Here are some statistics on the banking industry.

• IT, Banking, and finance industries create 93% of new jobs for graduate students in FY2022.
• The employment rate has been just 1.8 percent as opposed to the current rate of 10.2 when the banking industry is a higher success.
• The industry of banking offers more new jobs to graduate students almost 33,368 which is higher than the industry of insurance and infrastructure.
• The banking industry invests more than 34 lakhs to find the best or most talented employees that can manage the operations and express the strong values.

Required skills:

There are a lot of skilled graduates in the banking industry for employment opportunities.

• Communication: The employees must communicate with the people and understand the behavior of others that are an integral part of the business. The industry of banking required communicative employees that are an essential part of the firm.
• Problem solver: In the 21st century, problem-solving skill is greatly required among graduate students when they can be employed. Employees resolve the problems in the banking sector related to financial management and express the strategic terms.
• Time management: Another skill of graduate employees that is required in the 21st century in the banking industry is time management. Because their improper time management activities are required to run the operations of the business. This skill boosts the growth of the banking sector and the production of the work.
• Creativity: Engaging the customers is the responsibility of the employees of the banking sector. So, the skill of creativity in which the employees are motivated and understand the customers or their financial services very effectively. The development of strong plans and building the best decisions are also required in the creative plan of the business.

Conclusion: Role of graduate employment

In this essay, the analysis of skills and requirements of the graduated students are defined. As the employees, they are preferred toward the priority plans that maintain the overall practices as the clear goals.

The industry of banking is the necessary term that increases the performance of the business and generates particular resources through reliable success. There are many skills the graduated students that are needed to develop that increase the progress of the business.

The financial and banking sector is one of the best and major sectors that develop new jobs related to the best and most practical sources. This essay determines the student’s practices and ensures the greater sources as recommended to the better values.

Recommendations to the CEO:

Here are some recommendations and key suggestions that are defined by the Chief Executive Officer of the company to hire or recruit the graduated students as employees.

• The Chief Executive Officer of the company should develop the proper training courses for the employees in which their skills can be built that generate the overall activities. Trained employees represent the company in the global market and increase the image of the firm.
• As the CEO, develop a flexible working environment based on certain values and express better thoughts. When the environment of the company is effective or transparent then it helps to build the proper skills of the employees.
• It is recommended to adapt the platforms that provide the development of the education skills and determine the progression as mentioned on certain techniques. They are expected to learn how to use social media strategies that maintain the overall goals and determine the best values.

By 2026, it is estimated that the global banking industry to reach 20.5 billion dollars which provide more opportunities for new employees or graduated students in the area of worldwide. Due to the more opportunities for employment, the entire success of the business depends on human labor.