Bank Manager Salaries In Namibia

Who Is a Bank Manager?

A bank manager is someone who is in charge of a bank, or a particular branch of a bank, and who is involved in making decisions about whether or not to lend money to businesses and individuals. [business] This may have influenced your bank manager’s decision not to give you a loan. A person working as a Bank Branch Manager in Namibia typically earns around 31,300 NAD per month. Salaries range from 16,000 NAD (lowest) to 48,200 NAD (highest). This is the average monthly salary including housing, transport, and other benefits.

Frequently Asked Questions

How much do bankers earn in Namibia?

How much money does a person working in Banking make in Namibia? A person working in Banking in Namibia typically earns around 19,000 NAD per month. Salaries range from 5,970 NAD (lowest average) to 38,900 NAD (highest average, actual maximum salary is higher).

Which degree is best for banking in Namibia?

• MBA. When it comes to a career in banking, an MBA is still the gold standard.
• Finance. A finance degree is all but mandatory for certain banking roles.
• Business.
• Economics.
• Accounting.
• Financial Engineering.
• Physics/ Engineering/ Mathematics.
• Banking.

Is there any exam for bank manager in Namibia?

It is a managerial level post offered in various Public Sector Banks in India and holds the designation of Assistant Manager in any Public Sector Bank. The main exam among them is the SBI PO exam and the IBPS PO exam.

Which subject is best for bank manager in Namibia?

Relevant degrees for banking include: business, economics, finance, management or marketing. There are no specific A levels required, but business, economics, statistics and maths would all be useful. A level 3 vocational qualification in business would be most relevant.

Is maths compulsory for bank manager in Namibia?

For jobs in banking field, Eligibility is not subject wise. its just that one must be a graduate to appear in IBPS exam, apart from this now days banks do hire directly and for that as well having maths in academics is not compulsory subject to position you are applying for.

Can we become bank manager after BCom in Namibia?

A BCom graduate can apply for the post of Scale I Officer in a Bank. After confirmation at the end of two years young officers are posted as Branch Head in small rural branches of nationalised Banks. After getting promotion to Scale II, officers are posted as Branch Manager in midsized branches.

What is qualification of bank manager in Namibia?

You must have completed a bachelor’s degree in finance management or business administration to become a Bank Manager.

Can I give bank exam after 12 in Namibia?

You cannot give bank exams after 12th immediately. The minimum eligibility to get a bank job is graduation. However there are peon, housekeeping jobs where 12th pass is required. For joining government banks, you will have to appear for IBPS exams after graduation.

Which computer course is best for bank job in Namibia?

Computer awareness & Office automation is the name of course prescribed by banks. This is a foundation course that comprises of computer basics, DOS, MS Office, Internet & E-Mail. The duration of training may differ in each centre, but minimum of 1 or 2 months could be sufficient.

Do we need maths for banking in Namibia?

Math is very important in banking. You need to understand the time value of money. Depending on the complexity, this can require multiplication, division, addition and subtraction. Most of the math is very simple but is definitely required.

Can a CA become bank manager in Namibia?

Yes. You can get into banking sector. If your resume has experience in bank audits it will be a plus point. You can get the job of management of branch affairs or SME MSME Loans and recovery department.

How is maths used in banking in Namibia?

Number sense and a facility with mathematical concepts is especially useful in banking. We use math for budgeting, spending, saving, and investing. We are using mathematical concepts everyday when we utilize online banking to help us pay bills, transfer money, and manage our personal accounts.

Which is better CA or bank manager in Namibia?

CA IS BETTER. Reasons- CA is not restricted to banking only, work as branch auditor , central statutory auditor in banks (higher post than manager), higher salary with experience & respect and hospitality as chartered accountant.

What kind of math is used in finance in Namibia?

Algebra. Many banking and investment financial models require a financial management professional to solve for variables. Today, programs like Excel take most of the work out of this process, but a sound understanding of the basic principles of algebra is still widely considered to be extremely helpful.

How is maths used in managing money in Namibia?

Money math involves many of the math skills you learn in school, such as addition, subtraction, multiplication, division, fractions, decimals, and percentages. When you understand these math processes, you can use them to help you manage your money. Practice more math skills by making a budget for yourself.