Banking and Finance Services(BFS)
BFS domain is the major source of income for all the major consulting IT companies. When we think about the IT giants in India the name which comes in out mind would be TCS, Infosys, Accenture, Congizant, Tech Mahindra and many more.
If you look over the number of employees in these companies and their major source of income you will find huge contribution of banking sector. Banking industry is growing and the increasing automation of all the banking process the need of engineers has increased year on year.
Now a days all the banking transactions are done online and to make these transaction easier, user friendly and secure it require lots of IT people who can actually develop such applications and maintain them.
The major source of income from banking is through support projects n which lots of people work in different shifts 24 by 7 hence generating lots of revenue.
Candidates who are joining or working in BFS domain they are in one of the best domains in IT industry because in the upcoming future their would be huge demand of candidates as now a days all the banks are making all the process automated so this domain will continue to hire more and more people in near future.
The other this which makes this domain The Best, is the knowledge which this domain gives, this is few of the domains which give you hell lot of general knowledge about bonds, equity, derivatives, share market, fixed deposit and numerous terms. These knowledge remains same in all the banks and helps you when you switch jobs.
Their are various certification in Banking for example NSE certification for beginners, intermediate and expert level which can certified your knowledge and hence will help you to switch jobs and get good hike.
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