Working in a bank, is there a difference between a master's degree and an undergraduate degree?

I think there is still a difference. First of all, the education of big banks is more important, and the resources of small banks are more important. Generally speaking, the entry threshold for employees in big banks is already very high. In the head offices of a large number of key universities, it is difficult to have an advantage in the competition if you have a bachelor's degree; In addition, large banks have relatively rich customer resources and pay more attention to the learning experience of competitors than small and medium-sized banks. Small and medium-sized banks are more affected by fierce competition in the industry, especially some small and medium-sized city commercial banks, which regard customer resources as the assessment criteria for entry recruitment and late promotion. Therefore, if you are in a small bank, the difference between undergraduate and master will not have a significant impact on your career development.

Secondly, the head offices of large state-owned banks and joint-stock banks generally only accept master's degrees, and the financial research stations of the head offices generally require doctoral degrees or above, and branches and sub-branches can be undergraduate. With the increase of working years, sub-branches compete for positions in branch departments, and master's degree is more competitive than undergraduate degree, especially for positions with strong professionalism such as legal compliance, internal audit and risk management. If you compete for ordinary positions in various departments of the head office, you basically need a master's degree.

Secondly, under the condition of equal resource performance, master's degree has more opportunities to enter management positions. As a resource-based industry, banks are especially fond of resource-based talents besides financial professionals. However, good performance does not mean high management level. If you are interested in the management positions of the general branch (such as the vice president and boss of a branch), you should have a postgraduate degree or a master's degree in addition to the required deposit and loan performance. If the object is the president of a branch, as long as there is performance, there is no problem with a bachelor's degree.

To sum up, education is only a stepping stone to entry, and subsequent career development is related to many factors such as personal personality, opportunities and resources.