Career as Bank Manager

Last Updated By Subhashri Roy on 14 Aug, 2023

How to Become a Bank Manager

About Bank Manager

If you have an aptitude for finances, mathematics, and management, and believe you can manage consumers well, you may aspire to become a Bank Manager. The executives at the bank have a lot of faith in the Bank Manager and expect them to operate their branches like their own companies. Virtually every aspect of a branch's operations is under the purview of a Bank Manager, including expanding the area's customer base and improving the perception of the company's brand in the neighbourhood. The success or failure of the branch they oversee lies on the bank manager. In order to complete duties in a timely and effective manner, excellent multitasking and organizational abilities are required to become a Bank Manager.

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Bank managers act as the face of the bank in their local community. They provide investment and saving-related advice to customers. A good Bank Manager should have expert knowledge of every aspect of the bank’s operations. They should have the ability to handle multiple tasks at the same time. It's critical to comprehend what this position comprises and the courses you may take in this domain while thinking about how to become a Bank Manager. Consequently, we will go into detail about the essential elements of bank management and how to become a Bank Manager below.

Who is a Bank Manager?

An individual who is responsible for managing a bank or other financial institution's branch is known as a Bank Manager. Bank Managers supervise a group of bank staff members, such as tellers, customer care agents, loan officers, and other staff members. Most bank managers hold bachelor's degrees in finance, accounting, or closely related disciplines of study. Bank Managers are in charge of overseeing the financial performance of the branch. Setting and achieving financial goals, keeping an eye on revenues, expenditures, and profits, and taking the necessary steps to ensure financial stability are all responsibilities of a Bank Manager.

The delivery of exceptional customer service is a key focus. In addressing customer complaints, resolving customer issues, and preserving an excellent relationship with customers, you should be proactive. The position of Bank Manager includes actively promoting the development of the business. They collaborate with their teams to identify sales opportunities, promote banking goods and services, and bring in new clients while maintaining current ones. Bank Managers also conduct evaluations of performance, provide feedback and put initiatives into place to boost productivity among staff members.

How to Become Bank Manager in India

A combination of education, experience, and specific skills must be understood by the candidates to know how to become a Bank Manager. 

How to Become Bank Manager in India: Exam Required

In India, there is no specific exam designated solely for the purpose of becoming a bank manager. However, students majoring in commerce can apply to any reputable institution in India by taking one of a number of entrance exams mentioned below:

To become a Government Bank Manager in India, you generally need to qualify through competitive exams conducted by various banking organizations or government agencies. Here are the key exams conducted for government bank manager positions in India:

IBPS Probationary Officer (PO) Exam: The IBPS PO exam is conducted by the Institute of Banking Personnel Selection (IBPS) to recruit Probationary Officers in multiple public sector banks. Selected candidates join as Assistant Managers and can progress to managerial roles based on their performance and experience.

IBPS Specialist Officer (SO) Exam: The IBPS SO exam is held to recruit candidates for specialist positions like IT Officer, Marketing Officer, Law Officer, and others. Specialist Officers can also advance to managerial positions based on their performance and experience.

SBI Probationary Officer (PO) Exam: The State Bank of India (SBI) conducts its own PO exam for recruiting Probationary Officers. Successful candidates become Assistant Managers and can grow into managerial roles through the SBI PO Exam.

SBI Specialist Cadre Officer (SO) Exam: SBI conducts specialized recruitment exams for various Specialist Cadre Officer positions, such as IT Officer, Relationship Manager, Credit Analyst, etc. These roles can lead to managerial positions.

Regional Rural Banks (RRBs) Exam: IBPS conducts separate exams for Officer Scale-I, II, and III positions in Regional Rural Banks (RRBs). Candidates who clear these exams and are selected as Officer Scale-I (Assistant Manager) can progress to higher managerial roles.

To prepare for these exams, candidates must be well-versed in banking and financial concepts, current affairs, general awareness, reasoning, and quantitative aptitude. Regular practice, solving previous year question papers, and mock tests are essential for success in these competitive exams.

Skills Required to Become Bank Manager in India

Here are some key skills and attributes that are important for aspiring bank managers:

  • Leadership Skills: Bank managers need strong leadership skills to lead and motivate their teams effectively. Being able to set clear goals, delegate tasks, and provide guidance to staff is crucial for managing a successful branch.
  • Communication Skills: Excellent communication skills, both verbal and written, are essential. Bank managers need to communicate with their team, customers, and higher management, as well as handle any customer inquiries or complaints.
  • Financial Knowledge: A solid understanding of banking products, financial markets, and accounting principles is vital for managing the financial performance of the branch and assisting customers with their financial needs.
  • Customer Service: Providing exceptional customer service is a top priority for bank managers. They should be able to build strong relationships with customers and ensure their needs are met.
  • Analytical Skills: Bank Managers need to analyze data, identify trends, and make data-driven decisions to achieve branch targets and improve performance.
  • Problem-Solving: Being able to identify and resolve issues or challenges that arise in day-to-day operations is crucial for a Bank Manager.
  • Sales and Business Development: Bank Managers often play a role in driving business growth and expanding the customer base. Having sales and business development skills is beneficial for achieving targets.

How to Become Bank Manager Abroad

Becoming a Bank Manager abroad typically follows a similar path as becoming a bank manager in India. To become a Bank Manager abroad, candidates must obtain a relevant bachelor's degree in finance, business administration, economics, accounting, or a related field. Some countries may require additional qualifications, such as a master's degree or specific certifications.

Aspiring Bank Managers may work in the banking industry to gain experience and advance their career. Starting from an entry-level position, such as a bank teller or customer service representative, can provide them with valuable experience and opportunities for promotion. Candidates must consider specializing in a particular area within the banking industry, such as retail banking, corporate banking, investment banking, risk management, or wealth management. 

How to Become Bank Manager Abroad: Exam Required

The exams required to become a bank manager abroad can vary depending on the country's banking regulations, the specific bank or financial institution, and the level of the managerial position. However, some common exams or certifications that may be valuable for aspiring bank managers abroad include:

  • Chartered Banker Qualification: offered by the Chartered Banker Institute in the United Kingdom and several other countries
  • Certified Financial Manager (CFM): offered by the Association for Financial Professionals (AFP)
  • Chartered Financial Analyst (CFA)
  • Language Proficiency Exams: Depending on the country where you plan to work as a bank manager, language proficiency exams may be required if the primary language of business is not your native language.
  • Leadership and Management Programs: While not exams, leadership and management development programs can be valuable for aspiring bank managers to enhance their managerial skills and prepare for leadership roles.

In addition to specific exams, having relevant educational qualifications, banking experience, leadership abilities, and a commitment to continuous learning can contribute to your success as a bank manager abroad. Networking, professional development, and a willingness to adapt to different cultural environments are also important factors to consider when pursuing a career as a bank manager in another country.

How to Become Bank Manager Abroad: Skills Required

Here are some key skills and attributes that are important for aspiring bank managers abroad:

  • Leadership skills
  • Adaptability
  • Excellent communication skills
  • Analytical skills including analysis of data, identification of trends, and making data-driven decisions
  • Good understanding of banking regulations and compliance 
  • Understanding and appreciating different cultures is essential to foster a harmonious and productive work environment

How to Become Bank Manager After 12th

One cannot become a Bank Manager directly after completing their 12th standard exams. Becoming a Bank Manager typically requires higher education and relevant work experience. After completing 12th grade (10+2), you can follow these steps to work towards becoming a Bank Manager:

  • Take Entrance Exams: Appear for entrance exams like IPU CET, NMIMS NPAT, UPES BBA, etc. to become eligible to pursue BBA programmes offered by the top universities in India. 
  • Pursue a Bachelor's Degree: After completing 12th grade, enroll in a relevant bachelor's degree program such as Bachelor of Commerce (B.Com), Bachelor of Business Administration (BBA), Bachelor of Economics, Finance, Accounting, or Mathematics. It is essential to choose a degree that aligns with your interest in the banking sector.
  • Gain Banking Experience: While pursuing your bachelor's degree, look for opportunities to gain experience in the banking sector. You can consider internships, part-time roles, or entry-level positions in banks or financial institutions. This will help you understand the industry, gain exposure, and build your resume.
  • Obtain Relevant Certifications: Look for certifications offered by reputable organizations, such as the Certified Bank Manager (CBM) certification.
  • Stay Informed and Updated: Stay updated with the latest trends, developments, and regulations in the banking industry. Read industry publications, follow financial news, and keep yourself informed about changes in the banking sector.

How to Become Bank Manager After Graduation

Here are the steps you can take to work towards becoming a Bank Manager after completing your graduation.

  • Specialize and Pursue Higher Studies: Consider specializing in areas related to banking during your graduation or through additional courses and certifications. You can also opt for higher studies such as a Master's in Business Administration (MBA) with a focus on Finance or Banking, or a Master of Science (MSc) in Finance or Banking which can enhance your qualifications and career prospects.
  • Develop Leadership and Managerial Skills: Bank Managers need strong leadership and managerial abilities. Engage in extracurricular activities, participate in team projects, and take up leadership roles to develop these essential skills.
  • Obtain Relevant Certifications: Earning certifications related to banking, finance, or management can boost your knowledge and skills, such as the Certified Bank Manager (CBM) certification.
  • Network and Build Professional Connections: Networking is crucial for career growth. Attend industry events, seminars, and workshops to connect with professionals in the banking sector. 
  • Seek Promotion Opportunities: Once you have gained some work experience in the banking sector, express your interest in managerial roles to your supervisors or human resources. Seek promotions within the organization and take on additional responsibilities to demonstrate your potential for a managerial position.

Exams Required to Become Bank Manager After Graduation

Becoming a Bank Manager after Graduation does not require appearing for entrance exams. However, candidates aspiring to pursue a Master's in Business Administration (MBA) must appear for the following entrance exams:

When candidates have acquired substantial work experience and demonstrated their leadership and managerial capabilities, they may start applying for Bank Manager positions within the organization or in other banking institutions.

Eligibility to become Bank Manager

Bank Manager Qualifications

The qualifications of Bank Manager can vary depending on the bank's policies, the level of the managerial position, and the local regulations. Here are some common qualifications of Bank Manager that candidates must understand to know how to become a Bank Manager:

Bank Manager Qualifications Particulars

Eligibility Criteria

Education Required

  • A bachelor's degree in a relevant field is usually a minimum requirement.
  • A bachelor’s degree in the domains of Finance, Economics, Mathematics, Accounting, Business Administration, or a related discipline is preferred. 
  • Some banks may prefer candidates with advanced degrees, such as a master's degree in Business Administration or Finance.

Work Experience

  • To qualify for a bank manager position, you generally need at least 3 years of relevant experience in the banking industry. 
  • Many bank managers start their careers in entry-level positions, such as tellers or customer service representatives, and then progress to more senior roles through promotions and experience.
  • Some of the companies prefer candidates who have completed training in relevant fields.  

Certificates Required

  • Certified Bank Manager (CBM)
  • Certified Financial Manager (CFM)
  • Certified Public Accountant (CPA)
  • Chartered Financial Analyst (CFA)

Bank Manager Qualifications: Physical Requirements

Physical abilities are generally not a primary consideration for the position of a Bank Manager, as the role primarily involves managerial, leadership, and administrative responsibilities. However, like any professional job, bank managers should possess good overall health and well-being to effectively carry out their duties. The general physical requirements for Bank Manager include the following:

  • Bank managers often have a busy schedule and may need to work long hours, multitask, and handle stressful situations especially during busy periods or while handling specific projects. Having the stamina to stay focused and perform effectively throughout the workday is essential. 
  • Bank managers may need to move around the branch or department during the day, attending meetings, checking in on employees, or assisting customers. Being physically mobile and agile can be an advantage.
  • While not a strict requirement, maintaining a professional appearance can positively influence the perception of the bank manager by staff, customers, and other stakeholders.

Types of Bank Managers

Bank managers can hold different types of positions and responsibilities within a bank, depending on the size of the branch, its organizational structure, and the specific functions they oversee. Here are some common types of bank managers.

Branch Manager

A branch manager is in charge of managing the operations of a certain bank branch. They oversee the branch's employees, guarantee top-notch customer service, achieve financial goals, and uphold adherence to banking rules and regulations.

Relationship Manager

Relationship managers focus on building and maintaining relationships with high-value clients, businesses, or corporate customers. They provide personalized financial solutions and act as a point of contact between the bank and their clients.

Credit Manager

Credit managers are responsible for managing the bank's lending operations. They assess loan applications, determine creditworthiness, set lending terms, and monitor loan portfolios. Treasury managers manage the bank's liquidity and financial assets. They oversee cash management, investment activities, and funding strategies to ensure the bank's financial stability.

Business Development Manager

Business development managers are responsible for identifying and pursuing new business opportunities for the bank. They work on expanding the bank's customer base and market presence. They work closely with their sales staff to create ideas that are advantageous to both parties, negotiate the conditions of contracts, and effectively communicate with stakeholders.

Certified Management Accountant (CMA)

A Certified Management Accountant (CMA) is a financial professional who has demonstrated proficiency in management accounting, financial analysis, and strategic decision-making. CMAs are well-versed in areas such as budgeting, cost management, performance evaluation, and risk management. They play a crucial role in helping organizations make informed business decisions and achieve financial goals.

Types of Job Roles Bank Manager

There are two types of Bank Managers i.e Retail bank managers and Commercial bank managers. The Retail bank managers manage the transactions involving in various bank branches across the country. On the other hand, Commercial bank managers deal with medium-sized enterprises and small companies and provide them with banking and financial services to increase their business. Most of the operations of Retail bank managers are carried via phone or internet. There are many other profiles available for a Bank Manager. Some of them are provided below: 

If you want to know what occupation is right for you, you can take our Career Profiling Test. Besides this, you can ask questions about a career as a Bank Manager on Collegedekho QnA zone

Employment Opportunities for Bank Manager

Bank Managers may look for a job at any financial institution such as Investment Banks, Commercial Banks, or Brokerages. Besides this, he can also look for a job at any Consultancy or Insurance Company. The graph provided below will help you know different types of companies and areas where a Bank Manager can apply for a job. 

Employment Opportunities for Bank Manager

Top Recruiting Agencies for Bank Manager

Some of the major recruiting companies for Bank Managers are listed below:

  • State Bank of India

  • ICICI Bank

  • HDFC Bank

  • Axis Bank

  • Kotak Mahindra Bank

  • Bank of Baroda

  • IndusInd Bank

  • YES Bank

  • IDBI Bank

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Pay Scale/Salary of Bank Manager

The salary of bank managers in India can vary based on several factors, including the type of bank, the size of the branch, the manager's experience, and the location of the branch. Here are some approximate salary ranges for bank managers in India:


Mid Level Salary per annum (in INR)

Senior Level Salary per annum (INR)

Junior Bank Manager



Mid-Level Bank Manager



Senior Bank Manager



Salary of Financial Planner

On average, the salary of a financial planner in India can be as follows:

  • Entry-Level Financial Planner: INR 3 lakh to INR 6 lakh per year
  • Mid-Level Financial Planner: INR 6 lakh to INR 10 lakh per year
  • Senior Financial Planner: INR 10 lakh to INR 20 lakh+ per year

Salary of Credit Manager

On average, the salary of a Credit Manager can be as follows:

  • Entry-Level Credit Manager: INR 4 lakh to INR 8 lakh per year
  • Mid-Level Credit Manager: INR 8 lakh to INR 15 lakh per year
  • Senior Credit Manager: INR 15 lakh to INR 25 lakh+ per year

Salary of Relationship Manager

On average, the salary of a Relationship Manager in India can be as follows:

  • Entry-Level Relationship Manager: INR 3 lakh to INR 6 lakh per year
  • Mid-Level Relationship Manager: INR 6 lakh to INR 12 lakh per year
  • Senior Relationship Manager: INR 12 lakh to INR 20 lakh+ per year

Salary of Certified Management Accountant

On average, the salary of a Certified Management Accountant (CMA) in India can be as follows:

  • Entry-Level CMA: INR 4 lakh to INR 8 lakh per year
  • Mid-Level CMA: INR 8 lakh to INR 15 lakh per year
  • Senior-Level CMA: INR 15 lakh to INR 25 lakh+ per year

How to Become Bank Manager: Courses Required

To become a Bank Manager, you can pursue a bachelor's/master’s degree in a relevant field that provides a strong foundation in finance, banking, or business administration. Here are some common bachelor's and master’s degree courses that can help you work towards becoming a Bank Manager.

Bachelor’s Degree Courses

  • Bachelor of Commerce (B.Com) with a specialization in Banking and Finance
  • Bachelor of Business Administration (BBA) in Banking and Finance
  • Bachelor of Economics
  • Bachelor of Science (B.Sc) in Finance and Banking
  • Bachelor of Arts (B.A) in Banking and Insurance

Master’s Degree Courses

  • Master of Business Administration (MBA) with a specialization in Finance or Banking
  • Master of Risk Management (MRM)
  • Master of Financial Management (MFM)
  • Master of Science (MSc) in Finance or Banking
  • Master of Commerce (M.Com) in Banking and Finance
  • Master of Economics (MA Economics) with Banking or Financial Economics focus
  • Master of International Business (MIB) with Banking specialization

Certification Courses

  • Certified Bank Manager (CBM)
  • Financial Risk Manager (FRM)
  • Chartered Banker Certification
  • Certified Credit Professional (CCP)
  • Certificate in Banking and Financial Services (CBFS)

List of Colleges which Provide Courses to Become Bank Manager

Check the table below to know which colleges provide the courses required to become a Bank Manager.

Books & Study Material to Become Bank Manager

Provided below are some recommended books on how to become a Bank Manager:

  • The Bank Manager by Roger Monk

  • Learning by Example by David Strang

  • Commercial Bank Management by Benton E Gup

  • Bank Management by Timothy W. Koch

  • Credit Risk Measurement by Anthony Saunders and Linda Allen

  • An Introduction to Banking by Moorad Choudhry

  • Commercial Bank Financial Management by Joseph F Sinkey

Pros of becoming a Bank Manager

  • One of the major benefits of becoming a Bank Manager is a good salary.

  • You will have fixed working hours. You do not have to work during weekends.

  • This profile will help you stay updated with the latest technologies in banking and finance

  • This profile is perfect for the candidates who are good in finance and accounting

Cons of becoming a Bank Manager

  • There is strong competition for this position

  • At least 3 years of work experience is required

  • You should good leadership and management skills

  • You will be responsible for resolving the complaints of customers

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FAQs about Bank Manager

What are the responsibilities of a Bank Manager?

The Bank Manager of a bank plays a crucial role in managing the day-to-day operations of a bank branch and ensuring its smooth functioning. The Bank Manager is responsible for overseeing all activities and operations at the branch, including cash management, customer transactions, account opening, and ensuring compliance with banking regulations. Branch Manager is accountable for driving business growth by promoting and selling various banking products and services. 

How much does a Bank Manager make?

The salary of a Bank Manager varies depending on his skills and experience. Bank managers in public sector banks typically make around Rs. 50,000 to Rs. 80,000 per month, including basic pay, allowances, and benefits. In private sector banks, bank manager's salary in private banks can range from Rs. 8 lakh to Rs. 20 lakh per annum. The salary of Bank Managers in Foreign Banks can range from Rs. 12 lakh to Rs. 25 lakh per annum, depending on the level of the managerial position and the bank's policies.

What skills are required to become a Bank Manager?

Becoming a successful bank manager requires a combination of technical, managerial, and interpersonal skills. Some essential skills that are required to excel in a bank manager role include banking and financial Knowledge, leadership and management, customer service, sales and business development, communication skills, financial analysis skills, and team building skills. 

What profiles are available for Bank Manager?

Some of the other profiles available for a Bank Manager are Mortgage Broker, Branch Manager, Relationship Manager, Financial Planner, Retail Banking Manager, Credit Manager, Marketing Manager, Service Manager and Chartered Accountant. Branch managers are responsible for the overall operations of a bank branch. They oversee customer service, business development, staff management, and ensure the branch meets its financial targets. Relationship managers work closely with high-net-worth individuals (HNIs) or corporate clients to understand their financial needs and provide personalized banking solutions and investment advice.

Who are the major recruiters for Bank Manager?

Major recruiters for bank managers include:

  • Public Sector Banks or Government-owned banks, such as State Bank of India (SBI), Bank of Baroda, Punjab National Bank (PNB), etc.
  • Private Sector Banks like HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank, etc.
  • Foreign Banks such as Citibank, Standard Chartered Bank, HSBC, etc.
  • Regional Rural Banks (RRBs)
  • Cooperative Banks
  • Reserve Bank of India (RBI)
  • National Bank for Agriculture and Rural Development (NABARD)
  • Insurance Companies

What is the qualification for becoming a Bank Manager?

A minimum of a bachelor's degree is essential for becoming a Bank Manager. While there is no specific degree requirement to become a Bank Manager, degrees in finance, business administration, economics, accounting, or related fields are commonly preferred. While not mandatory, some Bank Managers may hold a master's degree in business administration (MBA) with a specialization in finance or banking. 

Is it hard to be a Bank Manager?

Becoming a Bank Manager can be challenging, but it is also a rewarding and fulfilling career path for individuals with the right qualifications, skills, and determination. Bank managers are accountable for meeting targets, achieving financial goals, and ensuring the branch's success. The pressure to deliver results can add to the challenges of the role. Bank managers may have demanding work schedules, especially in larger branches or during busy periods. Balancing various responsibilities, such as employee management, customer service, and administrative tasks, can be demanding.

Which exam is conducted for the position of Bank Manager?

Some of the common banking exams conducted for the position of Bank Manager include:

  • IBPS Probationary Officer (PO) Exam
  • IBPS Clerk Exam
  • IBPS Specialist Officer (SO) Exam
  • IBPS RRB Officer Scale-I, II, and III Exams
  • IBPS RRB Office Assistant (Clerk) Exam
  • SBI Probationary Officer (PO) Exam
  • SBI Clerk Exam
  • SBI Specialist Officer (SO) Exam
  • RBI Grade B Officer Exam
  • RBI Assistant Exam

Which degree is best for becoming a Bank Manager?

The degrees that are commonly considered beneficial for becoming a Bank Manager include Bachelor of Commerce (B.Com), Bachelor of Business Administration (BBA), Bachelor of Science (B.Sc) in Banking and Finance, Master of Business Administration (MBA) in Banking and Finance, Master of Science (MSc) in Finance or Banking, etc. 

Can I give a bank exam after 12th?

Yes, you can give some bank exams after completing your 12th (higher secondary) education. However, please note that most of the major banking exams for officer-level positions typically require candidates to have completed their graduation (a bachelor's degree) as the minimum educational qualification. The banking exams you can consider after 12th include the State Bank of India (SBI) Junior Associate (Clerk) Exam and the Institute of Banking Personnel Selection (IBPS) Clerk Exam. 

How long does it take to advance to the position of bank manager?

You may start as a probationary officer, and after a few years of experience and performance, you may be promoted to roles like Assistant Manager, Relationship Manager, or Officer, depending on the bank's hierarchy. After several years of experience in mid-level positions, you may be promoted to Associate Manager or Deputy Manager. The next step is becoming a full-fledged Bank Manager, which can be achieved after gaining significant experience, usually 5 to 10 years, and consistently demonstrating leadership and management abilities.

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