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Day: January 12, 2022

Unlocking the value of the invisible economy through new-age PGDM in banking and finance

Posted on by Imarticus Learning

Last Updated on 3 years ago by Imarticus Learning

Due to increasing globalization and digitization, the banking and finance landscape has significantly changed. Traditional banks have come a long way and have started offering fintech services. Gone are the days when banks were only supposed to lend and deposit money. At present, banks are involved in many other activities like microfinancing, risk management, and many others.

It is why young aspirants are searching for the best online MBA courses that could teach them new-age banking and finance. Read on to know how our PGDM in banking and finance can help you unlock the value of the invisible economy. 

PGDM in banking & finance 

We, at Imarticus Learning, offer a PGNAB program which is a dual program for finance/banking enthusiasts. You will get an 11-month PGP program powered by Imarticus Learning. You can also go for the NMIMS distance MBA which, is a two-year online program.

Both of these programs can run parallel in the PGNAB program. The dual program is designed with an industry-oriented curriculum that makes you job-ready. You can earn dual certifications from recognized sources at the end of the PGNAB program. Let us see how this program covers concepts related to new-age banking and finance.

Take a deep dive into fintech

Gone are the ways when people depended on physical banks for doing a simple bank transfer. At present, financial transactions can be done within seconds with fintech services. Banking and finance aspirants should know about fintech as it is going to be the future. Fintech has already disrupted traditional ways of making payments. Traditional banks have also started adopting fintech practices to retain their market share.

During the first 11 months, the PGP program and the NMIMS distance MBA program will run simultaneously. During the first 11 months, you will learn more about fintech in the PGP program. Around 1.8 months will be dedicated to fintech to make you future-ready. Both conceptual and practical lessons will be included in the PGP program to help students learn faster.

Learn risk management & compliance

The best way of unlocking the value of the invisible economy is by eliminating risks. There are several risks associated with banks like credit risk, money laundering risk, cybersecurity risk, etc. The PGP program will help you know more about risks in the banking and finance industry.

You can learn to forecast risks and eliminate them proactively. The PGP course will also help you in learning about the compliance requirements in the banking and finance industry. We focus on providing banking and finance courses that could help enthusiasts in learning industry practices.

Learn different types of banking

The MBA course is one of the best online MBA courses in India as it covers each aspect of banking. It covers different types of banking, so you possess a wide range of skills. Some of the banking types covered by the MBA online course are international banking, retail banking, commercial banking, and corporate finance. You can get into the banking/finance industry easily when you have such diverse skills.

Get job assurance with the PGP program

With our expert faculty, we focus on teaching job-relevant skills that could get you placed in the banking/finance industry. We will offer placement assistance towards the end of the PGP program. With industry-related projects and practical teaching, you will have what it takes to work in the banking/finance sector.

The dual program is perfect for working professionals in the banking or finance industry. The dual program guarantees a 25% hike in salary after completing the program as you will possess in-demand skills. Choose the best banking and finance courses with Imarticus now!

Digital transformation in capital markets and finance

Posted on by Imarticus Learning

Last Updated on 4 years ago by Imarticus Learning

You will hardly find an industry sector that is not indulged in digitization. Digital transformation is the solution for the increasing needs of customers in the finance sector. Finance organizations are quickly moving towards digitization to cope with the current challenges. One can see several instances of digitization in the capital markets and finance.

Finance professionals are now looking for capital market courses that cover the latest technologies used in the industry. If you are looking to get into the fintech or investment banking industry, you should know about instances of digital transformation. Continue reading to know the scenario of digital transformation in capital markets and the finance sector.

Understanding capital markets

You must be aware of the money market where short-term debt and securities are exchanged. Unlike the money market, capital markets are concerned with the trading of long-term debt or securities. One can see companies, individuals, and governments investing in long-term securities offered by capital markets. There are several central organizations like SEBI and SEC, that oversee the capital markets. Many business organizations rely on capital markets for getting investment.

They raise capital for their business by exchanging shares and bonds with the investors. The finance sector is broad and one should know all its components. If you are planning to become a finance professional, you should be aware of the capital markets and how to trade within a capital market.

Digitization in capital markets

Capital market firms have to adopt digitization as it is the demand of customers at present. Digital has become an important aspect of customer lifestyle at present. Customers don’t want to visit a physical investment bank for investing in a capital market. Instead, they want to trade long-term securities via a few taps on their smartphone. One can find many mobile applications and digital platforms for trading in capital markets at present. As more and more customers are preferring digital channels, capital market firms are forced to undergo digital transformation.

To compete in this digital era, capital market firms are coming up with new services that can attract customers. You can find investment banks and other financial institutions looking to create reel-time and personalized digital services to win the trust of customers.

Besides the customer demands, the changing regulations have also forced capital market firms to undergo digitization. To comply with the regulations, capital market firms are using digital solutions. It is challenging to comply with complex regulations without the use of technology. The increase in competition has forced finance firms to adopt digital services and lure customers.

Digital transformation in the finance sector

If you go for financial services and capital markets course, you will get to know the extent of digitization. You must be aware of fintech services and how they disrupt traditional banking services. Many lending and insurance firms are also undergoing digital transformation to increase their market share.

Not to forget, you can now trade in short-term and long-term securities/debt within minutes from your couch. A financial services and capital markets course can help you understand more about digital transformation in the finance sector.

How to learn more about capital markets and the finance sector?

We at Imarticus Learning offer an Advanced Management Program in Financial Services & Capital Markets for young enthusiasts. The Advanced Management Program in Financial Services is endorsed by IIM Lucknow, which is one of the oldest institutes in India.

During the management program, you will get a chance to interact with peers at IIM Lucknow via the campus immersion. You will learn quickly about capital markets via the projects and simulations provided during the course. Start your management course with IIM Lucknow and Imarticus now!

A step-by-step guide to choose the right MBA program

Posted on by Imarticus Learning

Last Updated on 4 years ago by Imarticus Learning

Your decision to go back to school is essential, so you want to ensure that it’s the right fit for your life and career goals when choosing a program. Many programs have different focuses, admissions requirements, cost structures, etc., so it can be hard to know where to start. 

This post will help the student narrow down MBA options by focusing on the most criteria in making this decision. This post will give you details of what people should consider before applying for an MBA program, including carer goals, type of work desired, and other factors like whether or not they need student loans.

Step 1: How long have you been out of work?

Most schools require students to have some time away from work before applying for an MBA program. If your resume only shows job experience, it can be hard to stand out among applicants with years of post-graduate professional experience. If your only goal is to maximize salary after graduation, this can be an essential factor to consider when looking at MBA programs.

Step 2: What are your career goals?

An MBA is an excellent tool for helping you reach your career goals, but every school has different strengths. If you’re unsure what you want to do, do your research to see what types of companies the alumni of each program you are considering working. After graduation, you can also network with these alumni by joining professional organizations or attending events hosted by your school’s career center.

Step 3: Type of MBA program

MBA courses offer a variety of specializations. If you know what kind of company or industry you want to work in after graduation, then look for business schools with vital programs in those areas. If you’re not sure, research the top companies that graduates from each program worked at and see what types of companies they are. It will help you get an idea of what skills these programs are teaching to their students.

Step 4: Location of School

When considering what city to live in, think about the type of lifestyle that you want after graduation. If you wish for a lively social scene or a scenic outdoor environment, you should consider your school location and how far these activities are.

Step 5: Evaluate the financial aid option.

Most students finance their education by taking out a loan. However, there are alternative financing options available to MBA students. If you have received a scholarship or stipend from the university, you will probably receive assistance with your living expenses. Also, some schools allow students to apply for funding after the first year of the program.

Explore and Learn with Imarticus Learning

These online courses for MBA students include hands-on training with cutting-edge FinTech technologies, including APIs, Blockchain, Cloud Computing, AI, Machine Learning, RPA, IoT, and Big Data. Students’ search for “MBA course near me” ends here.

Some course USP:

  • This online MBA course is for students with placement assurance to aid the students in learning job-relevant skills. 
  • Impress employers & showcase skills with the certification of MBA endorsed by India’s most prestigious academic collaborations. 
  • World-Class Academic Professors to learn from through live online sessions and discussions.

Careers in artificial intelligence and machine learning

Posted on by Imarticus Learning

Last Updated on 4 years ago by Imarticus Learning

Customer experience is crucial for business growth, and through the omnichannel or a multi-channel approach it is possible to generate better revenue. If you are interested in the impact of technological solutions in sales and marketing, you can learn artificial intelligence. This will help you prepare for an exciting and rewarding career. You can choose the AIML course from Imarticus Learning. 

Top Benefits of Artificial Intelligence in Omnichannel

If you are considering a career in artificial intelligence, you can work in the sales and marketing industry. To know the impact of artificial intelligence on omnichannel, take a look at the points below. 

 

  • Scaling Customer Experience 

 

Artificial intelligence and machine learning can be used to effectively restructure the entire IT architecture of companies. This helps to set a scale for the improvement of customer experiences by analyzing all customer preferences. 

 

  • Trial Features on Mobile Apps

 

If you are able to combine artificial intelligence with machine learning, you can ensure that mobile apps for businesses offer a better experience to potential buyers. For example, if you are working for a company that sells clothes, you can create a feature on the mobile app that allows customers to try on the garments. Such trial features are possible for any products that need to be worn or applied. 

 

  • Creation of Accurate Buyer Personas

 

Buyer personas are essential to creating a good marketing strategy for omnichannel. You can implement artificial intelligence to create buyer personas that are accurate and will help to design products and services that cater to that target audience. 

 

  • Use of Propensity Models

 

Machine learning algorithms and artificial intelligence can be applied to the creation and use of propensity models for predictive analysis. These help to determine customer responses to price bundling, offers, email advertisements and other call-to-action methods. 

 

  • Increase in Operational Efficiency

 

Artificial intelligence can be used in every aspect of an omnichannel and it will assist in developing and revolutionizing customer support. In doing this, artificial intelligence can improve the operational efficiency of a business. 

 

  • Quick Analysis of Customer Behaviour

 

Using artificial intelligence and machine learning, you can analyze customer behavior or the response of potential customers to a certain product or service. The insights that you obtain from the analysis will help gain better responses and thus improve the sales close rates. 

 

  • Increase of Revenue

 

As artificial intelligence for the omnichannel helps to improve operational efficiency, it can also help to generate better revenue. Since every product or service is tailored to fit customer preferences, the revenue is bound to increase. 

 

  • Improved Traceability of Orders

 

Artificial intelligence can be used to track different orders across various channels. If operational risks in the channels are reduced, the traceability of orders will improve and it will have a positive impact on customer experience. 

 

  • Better Marketing Strategies

 

Marketing strategies for the omnichannel need to be optimized to understand what is working and what is not working for the business. Artificial intelligence in marketing for an omnichannel can help in the prioritization of sales time and sales strategies, and the improvement of customer profiles. 

Study Artificial Intelligence from Imarticus Learning

If you want a career in implementing artificial intelligence for omnichannel, you should opt for an artificial intelligence course. At Imarticus Learning we offer the best certification in Artificial Intelligence & Machine Learning program. The course is ideal for aspiring data scientists and analysts. You can also opt to pursue a career in machine learning engineering once you complete this certificate course. To create the curriculum and provide certification, we collaborated with the country’s top institutions, IIT Guwahati and the E&ICT Academy. 

At Imarticus Learning, you will be able to participate in live lectures that are held for 8 hours every week. This will help you build important networks and interact with industry professionals, making it easier to land lucrative jobs.

All about Digital Lending Models: Driving factors and benefits

Posted on by Imarticus Learning

Last Updated on 4 years ago by Imarticus Learning

Digital Lending business models have taken over the globe. These business models have increased the profitability of lending activities while making applying for loans easier for consumers. It has been estimated that the market size of the digital lending market will reach $12.1 billion by 2023. This is a huge CAGR (Compound Annual Growth Rate) of 18.7% as compared to 2018. Digital lending is faster, more efficient, and cuts down costs for both lenders and consumers.

Digital lending models also help financial firms expand exponentially without the need to physically be present in various cities. With new technologies to support digital lending, taking a loan has never been easier. Similarly, for companies, lending money has never been faster.

Onboarding new users have become easier due to this. Credit risk management courses and credit risk modeling courses also place a lot of importance on digital lending business models. Now, let us check what is a digital lending and why it is so popular in modern times.

What is Digital Lending?

Digital Lending is a method of disbursing loans through applications or other electronic mediums. Compared to traditional lending, digital lending is faster, efficient, and more convenient. Through automation and analytics, most of the pre-lending requirements are taken care of, thus, helping companies determine which users are eligible for loans.

This also helps decide upon the credit limit for users based on their credit history or payment history. With the incorporation of technologies such as blockchain and encrypted applications, digital lending applications or portals have never been safer.

Here are the 2 main types of Digital Lending Business Models for common consumers:

  • Third-Party Loan Market: This digital lending model is based on showcasing loans from various banks and financial institutions through a specific portal. Peer to Peer lending is also another variation of this business model. Peer to Peer model helps match borrowers and lenders through a common platform.

  • Lending Applications and Online Lending portals: This model is based on lending loans or credit through mobile apps or online portals directly to users. The Line of Credit model is another approach to this and many lenders are using this model for disbursing funds that are available as credit.

There are also 3 other digital lending business models for working with other businesses and organizations:

  • SME Lending: Digitally lending funds to small and medium-sized enterprises
  • Supply Chain Financing: Financing products or resources directly from wholesale sellers or marketplaces.
  • Invoice Financing: Providing working capital based on customer invoices that are unpaid. This helps in meeting liquidity requirements that are short-term.

Driving Factors of Digital Lending Models 

Here are the main driving factors for digital lending:

  • There are fewer regulations, rules, and compliance requirements.
  • Most consumers have access to the internet, this makes it easy for Fintech companies to reach out to their borrowers.
  • Millennials are huge fans of convenient methods. Since applying for loans online or digitally is faster and easier, they are more likely to use digital lending apps.

Conclusion

The key benefits of digital lending models are faster loans with quick disbursements and the need for minimal documentation. Having a credit history is also not a necessity for digital lending models and companies are open to lending funds to first-time borrowers as well. Especially for millennials, there is nothing better than digitally borrowing money.

Good Credit risk management courses and credit risk modeling courses  such as the Credit Risk and Underwriting Prodegree from Imarticus can help professionals understand more about analyzing the risk involved with digital and traditional lending models

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