Banking is the backbone of a nation’s economy. There are numerous banking jobs available post the new Banking Licenses, Small Bank Licenses & Payments Bank Licenses issued by the RBI. The sector may create up to 20 lakh new banking jobs in the next 5-10 years. There will be a growing demand for qualified manpower for the banking and finance sector in the coming years on account of the expansion of the volume of business and large-scale retirement of personnel.
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Banking is the backbone of a nation’s economy. There are numerous banking jobs available post the new Banking Licenses, Small Bank Licenses & Payments Bank Licenses issued by the RBI. The sector may create up to 20 lakh new banking jobs in the next 5-10 years. There will be a growing demand for qualified manpower for the banking and finance sector in the coming years on account of the expansion of the volume of business and large-scale retirement of personnel.
Banking is the backbone of a nation’s economy. There are numerous banking jobs available post the new Banking Licenses, Small Bank Licenses & Payments Bank Licenses issued by the RBI. The sector may create up to 20 lakh new banking jobs in the next 5-10 years. There will be a growing demand for qualified manpower for the banking and finance sector in the coming years on account of the expansion of the volume of business and large-scale retirement of personnel.
Banking and finance industry will require professionally qualified manpower endowed with banking and finance knowledge and skills together with technology-familiarity, customer-orientation and hands-on application skills who can be assigned to various desks/jobs with minimal training intervention at the bank level. In view of the huge current as well as potential demand for the professionally qualified manpower for the banking and finance sector, and to ensure a steady stream of industry-ready professionals at the entry-level.
The course will give knowledge inputs to the candidates and expose them to the operational processes and modern banking environment so that they can effectively carry out Banking and Finance related Operations. It gives an in-depth understanding of the various aspects of the Banking & Financial Service Industry and provides practical knowledge of operational aspects of the banking sector as well as the Sales aspects like selling process, relationship management.
This course will give you a comprehensive picture of the banking industry. Your chance to succeed in the high growth, high potential banking industry starts with this course.
In this course, you will receive weekly fresh new video lectures.
Benefits
The Course has been specially designed to transform you into a confident Banking and Finance professional.
It is an online learning course that prepares you in fields across Banking, Financial Services, Capital markets, Fintech and regulatory bodies & many more.
Increased complexity and changes in Banking and Finance business demand an entirely new generation of banking and finance professionals.
This course is innovative, comprehensive and prepares future banking and finance professionals.
This program not only provides participants with the knowledge of operational aspects of banking and finance but also builds on their managerial and technical skills.
There is an emphasis on contemporary practices such as Micro Finance and Global perspective in Banking and Finance, which will give insights into the current industry trends.
Increased complexity and changes in Banking and Finance business demand an entirely new generation of banking and finance professionals.
This course not only provides participants with the knowledge of operational aspects of banking and finance but also builds on their managerial and technical skills.
Key Highlights
Impart Banking and finance knowledge and skills together with technology-familiarity and customer-orientation
High-quality academic rigour and specially prepared courseware.
Students undertaking the course will have comprehensive and up-to-date knowledge in the subject of banking and finance.
The Course offers practical insights into the subjects while, at the same time, emphasizes robust theoretical foundation.
The course will make the candidate's job-ready.
The course is so designed that most employers would value it for talent scouting.
The course is cost-effective and at the same time high in quality.
Who should Pursue this course?
A solution to the difficulties of choosing what to pursue after XII or Graduation. Any student who has completed or pursuing graduation and keen on a banking job
Pursuing Post graduation or postgraduates willing to start their career with a banking Job
Working professional seeking a career in the banking sector
Ambitious heads awaiting their opportunities of working with private sector banks
Career Opportunities:
Banking Officer and Bank Manager in Nationalized, Private and Foreign Banks, Financial Analyst, Financial Planner, Portfolio Manager, Treasurer, Controller, Financial Manager, Accountant, Financial Agents etc.
What you'll learn
You will learn to become an all-rounded Banking and Finance Industry Professional.
Basics of Banking and Finance
Principles and Practices of Banking
Bank Finance Management
Advance Bank Management
Legal and Regulatory Aspects of Banking
Accounting and Finance
Risk Management
Prevention of Cyber Crime and Fraud Management
International Trade Finance
Digital Banking
Requirements
Any student who has completed or pursuing graduation and keen on a banking job
Pursuing Post graduation or postgraduates willing to start their career with a banking Job
Working professional seeking a career in the banking sector
Ambitious heads awaiting their opportunities of working with private sector banks
Why you should take this Course?
Career-oriented Course Content - A very important factor which has been kept in mind while designing all the course content is to make it relevant for the industry’s needs.
With these courses, you will get a head-start in your career
Interactive Teaching-Learning Methodology The teaching-learning process used for the programs is totally interactive
Curriculum designed and updated as per Industry requirements
This course also prepares candidates for widely popular exams conducted by IIBF
What Students Say :
“"This was my first time taking a course in this format and it far exceeded my expectations."….” – Asha Devi, Udemy Student
“very much informative….” – Aishwarya Parashar, Udemy Student
“Best and very informative…” - Arti chawla, Udemy Student
“Yes. It's very useful for me. And I slightly know about the banks, but now I understand deeply about the banks, types and risks about the bank....…” - Gugan Sakthivel, Udemy Student
“This is very easy to understand the topics. Thank you...” - Chanda Manish Gupta, Udemy Student
“One of the best course….” - Suyog Mahesh Dandge, Udemy Student
“It was a really very good experience. All the details covered by sir is really great. Every smallest information was well explained by sir. I am really thankful to sir….” - Pragya Singh, Udemy Student
“Overall a very informative training session. Course content got well covered and also demonstrated the concept very well. Thanks for such an informative and concept-clearing training session…..” - Kartikey Kaul, Udemy Student
“Trainer knowledge is excellent and with this course, I got useful knowledge…..” – Vinay, Udemy Instructor
"The instructor was AWESOME. I came to the class already with some knowledge of the program, but learned a good deal more thanks to your class….." – Rashmi, Udemy Student
"Well, my own personal experience is about this online course is dam good. Also the way of teaching to the enrollers, they can easily relate such things in their situation and the voice is doing a great role in this session. And off course, it was a good match for me, definitely this right place to build your confidence by attending it. Hope you will provide us with more and short things to learn it. " - Atit Jagannath Lokhande, Udemy Student
"Great must for beginners and intermediate very informative. " – Stutie Gupta, Udemy Student
“It was very excellent course really like this learning” - Siddhi Bhavsar, Udemy Student
“It's amazing love the course a lot” – Abhishek, Udemy Student
“It's a really awesome course for me...I am very thankful to provide this for us…” - Sulochana Vemula, Udemy Student
“it's a very good explanation and teaching….” – Vivek Mishra, Udemy Student
“Its very good. I think its something for which I looking for for a very long time. Thank You so much for this course you provided us with this awesome, amazing knowledge…..” – Jitesh Arora – Udemy Student
What's inside
Learning objectives
- Basics of banking and finance
- Principles and practices of banking
- Bank finance management
- Advance bank management
- Risk management
- Prevention of cyber crime & fraud
- International trade finance
- Digital banking
- Basics of banking and finance
- Principles and practices of banking
- Bank finance management
- Advance bank management
- Risk management
- Prevention of cyber crime & fraud
- International trade finance
- Digital banking
Syllabus
Welcome
Introductions !
Welcome Message !
What is Banking ?
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Syllabus
The financial system of an economy is expected to support the changes in the economy.
The financial system is reflected by the structure of the banking industry.
Indian economy underwent liberalization programs beginning from 1991-92 and this has influenced the banking industry.
The banking industry that was functioning fully under a regulated environment shifted towards a competitive environment.
Changes in technology are another factor that has contributed to the structural change in the banking industry.
With the impact of global financial shocks, the Indian financial system also is undergoing the change process to meet the inherent risks in the economy.
The structural change in the banking industry that can be highlighted is the increased participation of international financial players in the Indian financial system as well as Indian financial players exhibiting a tendency towards becoming global players.
There are mainly three forms of banks. Unit banks that are popular in the US are single unit entities confining their operations to specific localities. As against this in India branch banking is the most applied structure of a banking entity. In this structure a single bank will have a number of branches under its control operating at different places. Holding banking companies are large banking entities controlling several subsidiaries. The comparative features of the three types of banks are given in Table 2.
Banks can also be classified on the basis of ownership into nationalized banks, private banks, and foreign banks. Another way of classifying banks is on the basis of size. These can be large banks, small banks. The basis of classification can be capital size or a deposit size.
Banks can be studied by classifying them on the basis of the type of business and level of operations. For example based on the area of operation banks may be national banks, regional banks, or international banks. On the basis of business specialization they may be classified into community banks, development banks, core banks, or service banks.
Commercial banks primarily focus on deposit mobilization and lending operations. It has to operate under the overall regulatory environment created by the Central Bank in terms of its operations. Investment banks on the other hand mainly focus on serving the investment needs of different types of clients. They perform portfolio management services by marketing different schemes, participating in the initial public issues of corporate firms, and performing corporate advisory services.
Competition among commercial and investment banks is influenced by a different set of factors.
Some of the common factors are size, service quality, and regulatory obligations. The ability of the bank to sustain competitive forces depends on their operational efficiency, product innovation, technology support, cost of services, service quality, and human resource skills.
For an investment bank the competitive edge depends on their investment performance, innovation in their services, cost of service, number of clients handled by them, confidence in the banks, and reputation of the banks.
Given the competitive environment, the ability of the bank to foresee changes, and their flexibility in adapting to changing conditions will give them an edge.
The change factors (Figure 1) that have to be initiated by the bank to have an impact on its operations are the needs of new customers, their knowledge level, technological changes, regulatory changes, new competitors, new services, quality of human resources, and marketing efforts.
Banks being financial intermediaries provide money in the economy through credit creation and facilitating liquidity. Banks are able to generate credit many times more than the initial deposits they receive from the public subject to regulations relating to cash reserves to be maintained and customers’ cash requirements. The resources of banks are generated mainly through a variety of deposits, both short time and long term from the public. The ability of the bank to generate more deposits depends on the interest rate offered and the marketing skills of the bank. Shorter duration and higher interest on deposits will add to the operational risk of the banks.
Bank’s role in the economy is necessitated on account of differences in the preference of public in terms of maturity requirements, risk requirements, the denomination of currency, and access to adequate information. The existence of market imperfection such as transaction and contracting cost also strengthen the need for the functioning of banks.
The banking industry differs from other industries in the economy in terms of its asset structure and legal obligations and developmental functions. Besides offering a variety of loans and advances to different needy clients, banks also provide a lead role in translating the development objectives of the government through lead bank schemes and priority sector lending and financial inclusion. In the process of performing these functions, banks have to manage a variety of risks that are inherent in banking operations.
One of the major risks that affect the bank is credit risk which is reflected in the proportion of non-performing assets (NPA) held by the banks. The maturity structure of various assets and liabilities of the bank poses liquidity risk to the bank. The fluctuation in interest rates is another source of risk. Exchange rate risk arises to the bank when they provide foreign currency loans to their customers or when they make investments in foreign securities or accept foreign currency deposits.
The success of the banking business depends on public confidence in the ability of the banks to meet their obligations. Banks face many financial risks such as credit risk, liquidity risk, foreign exchange risk, interest rate risk, operational risk, and market risk. The nature of assets held by the bank and the manner in which these are financed inherently causes problems for the bank. Mismatch in maturity structure in both assets and deposits lead to payment problems. Poor credit assessment and monitoring lead to an increase in non-performing assets.
As per the survey conducted by Bank for International Settlement (BIS), the major causes of bank failures are poor asset quality and management practices, fraud, and weak economic environment. Deterioration in asset quality has been attributed to loss from credit transactions, connected lending, inherited portfolios, a steep increase in commodity price movements, excessive diversification, and fraud.
Most often certain business practices forecast the failure of banks. Holding excessive loan portfolios that are not protected, deteriorating financials, and higher deposit rates than market rates have indicated the future failure of banks. Holding off-balance-sheet bank liabilities and creative accounting also disclose possible bank failures in the future.
Central banks in many countries develop models to combat bank failures. The UK, US, Spain, and Chile are some of the countries that have come out with support mechanisms and in certain cases closure of banks to restore credibility in banking.
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Reviews summary
Comprehensive banking and finance overview
Content reflects current industry needs and trends.
Combines foundational concepts with operational aspects.
Covers a broad range of core banking/finance topics.
Aims to equip learners with job-specific skills.
Activities
Review Key Banking Regulations
Show steps
Strengthen your understanding of the regulatory landscape before diving into the course. This will provide a solid foundation for understanding the course material.
Browse courses on
Banking Regulation
Show steps
-
Identify key regulatory bodies.
-
Summarize the main functions of each.
-
Review recent regulatory changes.
Review 'The Intelligent Investor'
Show steps
Gain a deeper understanding of investment principles and risk management. This will enhance your comprehension of bank finance management concepts.
View
Melania
on Amazon
Show steps
-
Read the book's key chapters.
-
Summarize the core investment principles.
-
Relate these principles to banking practices.
Discuss Case Studies on Bank Failures
Show steps
Analyze real-world examples of bank failures to understand risk management principles. This will provide practical insights into the course material.
Show steps
-
Form a study group with classmates.
-
Select a few notable bank failure cases.
-
Analyze the causes and contributing factors.
-
Discuss lessons learned and preventive measures.
Four other activities
Expand to see all activities and additional details
Show all seven activities
Create a Presentation on Digital Banking Trends
Show steps
Research and present on current trends in digital banking. This will solidify your understanding of this rapidly evolving area.
Show steps
-
Research current digital banking trends.
-
Prepare a presentation outlining key trends.
-
Include examples of innovative digital banking solutions.
-
Present your findings to classmates.
Review 'Financial Intelligence for Entrepreneurs'
Show steps
Improve your financial literacy and understanding of financial statements. This will help you analyze loan applications and manage bank finances.
View
Financial Planning, Budgeting, and Forecasting:...
on Amazon
Show steps
-
Read the book and take notes.
-
Practice calculating key financial ratios.
-
Apply these ratios to analyze sample financial statements.
Develop a Risk Management Framework
Show steps
Design a comprehensive risk management framework for a hypothetical bank. This will allow you to apply the risk management principles learned in the course.
Show steps
-
Identify potential risks for a bank.
-
Develop strategies to mitigate each risk.
-
Create a framework for monitoring and reporting risks.
-
Document your framework in a detailed report.
Volunteer at a Microfinance Institution
Show steps
Gain practical experience in the banking sector by volunteering at a microfinance institution. This will expose you to real-world banking operations and customer interactions.
Show steps
-
Research local microfinance institutions.
-
Contact an institution and inquire about volunteer opportunities.
-
Assist with tasks such as loan processing or customer service.
-
Reflect on your experience and relate it to course concepts.
Review Key Banking Regulations
Show steps
Strengthen your understanding of the regulatory landscape before diving into the course. This will provide a solid foundation for understanding the course material.
Browse courses on
Banking Regulation
Show steps
- Identify key regulatory bodies.
- Summarize the main functions of each.
- Review recent regulatory changes.
Review 'The Intelligent Investor'
Show steps
Gain a deeper understanding of investment principles and risk management. This will enhance your comprehension of bank finance management concepts.
View
Melania
on Amazon
Show steps
- Read the book's key chapters.
- Summarize the core investment principles.
- Relate these principles to banking practices.
Discuss Case Studies on Bank Failures
Show steps
Analyze real-world examples of bank failures to understand risk management principles. This will provide practical insights into the course material.
Show steps
- Form a study group with classmates.
- Select a few notable bank failure cases.
- Analyze the causes and contributing factors.
- Discuss lessons learned and preventive measures.
Create a Presentation on Digital Banking Trends
Show steps
Research and present on current trends in digital banking. This will solidify your understanding of this rapidly evolving area.
Show steps
- Research current digital banking trends.
- Prepare a presentation outlining key trends.
- Include examples of innovative digital banking solutions.
- Present your findings to classmates.
Review 'Financial Intelligence for Entrepreneurs'
Show steps
Improve your financial literacy and understanding of financial statements. This will help you analyze loan applications and manage bank finances.
View
Financial Planning, Budgeting, and Forecasting:...
on Amazon
Show steps
- Read the book and take notes.
- Practice calculating key financial ratios.
- Apply these ratios to analyze sample financial statements.
Develop a Risk Management Framework
Show steps
Design a comprehensive risk management framework for a hypothetical bank. This will allow you to apply the risk management principles learned in the course.
Show steps
- Identify potential risks for a bank.
- Develop strategies to mitigate each risk.
- Create a framework for monitoring and reporting risks.
- Document your framework in a detailed report.
Volunteer at a Microfinance Institution
Show steps
Gain practical experience in the banking sector by volunteering at a microfinance institution. This will expose you to real-world banking operations and customer interactions.
Show steps
- Research local microfinance institutions.
- Contact an institution and inquire about volunteer opportunities.
- Assist with tasks such as loan processing or customer service.
- Reflect on your experience and relate it to course concepts.
Career center
Loan Officer
Bank Teller
Credit Analyst
Compliance Officer
Auditor
Branch Manager
Financial Analyst
Underwriter
Treasury Analyst
FinTech Consultant
Financial Controller
Relationship Manager
Portfolio Manager
Financial Planner
Economist
Reading list
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