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Why is Investment banking important?

Posted on by Imarticus Learning

Investment banking is an excellent option if you’re looking for a successful and exciting career in the financial world. However, to be successful in this field, it’s crucial to have the proper training and education. As the global economy becomes increasingly complex, the need for individuals with specialized knowledge in financial services continues to grow. That’s why an investment banking course with placement is essential for your career.

Investment banking is the division of a bank that serves corporations, governments, and institutions by providing underwriting (capital raising) and mergers and acquisitions advisory services. The role of investment bankers has become increasingly important in recent years as more companies have gone public and the need for capital has increased. Investment bankers are responsible for helping companies raise money by issuing and selling securities and advising on mergers and acquisitions.

What does an investment banking course involve?

An investment banking course will typically involve learning about financial markets and training in financial modelling and valuation. The course will cover M&A, private equity, and venture capital topics. It also includes training and internships in top banks.

Investment banking is also a great way to network and build relationships that can last a lifetime.

If you are considering a career in investment banking, then a course with placement assistance is essential. It will give you the skills, knowledge, and contacts you need to succeed.

-Learn financial services: Financial markets are constantly changing and evolving, so learning financial services is important if you want to stay ahead of the game. With an investment banking course, you’ll learn about the different financial markets and how they work. Here are some more that you learn with the investment banking course:

– Financial markets training: Not only will you learn about the different financial markets, but you’ll also get hands-on training in financial modelling and valuation. This will give you the skills you need to succeed in investment banking.

– M&A, private equity, and venture capital topics: In addition to learning about financial markets and valuation, you’ll also learn about M&A, private equity, and venture capital. These are all important aspects of investment banking that will help you succeed in your career.

– Internships in top banks: One of the best parts of an investment banking course includes internships in top banks. This is a great way to learn financial services from and work with industry experts.

Imarticus Learning: Transforming New-Age Careers

Now you can become a Certified Investment Banking Operations Professional with a 100% Job assurance Program. Imarticus Learning offers 180 hours of intensive, industry-specific, Certified Investment Banking Operations Professional program.

The course fully equips learners with the skill sets required to begin a career in investment banking operations, treasury & clearing services. Students also gain:

Job-Relevant Skills: In-depth understanding of complex securities and derivative products, trade lifecycles and functions within investment banking operations.

100% Placement: The program assurance a job! With over 8000+ placements completed with 60% salary hikes, get extensive career support to launch your investment banking career.

Industry-Endorsed Curriculum: Holistic, well- rounded and practical curriculum designed by industry experts with exclusive access to content from Euronext Group.

investment banking course

Gain Industry Certifications: Armed with the CIBOP certificate endorsed by the Euronext Group, Imarticans work in most global investment banks!

Learn Live: Live facilitated instruction provides the best student outcomes. Students get to learn from the best in our state-of-the-art classrooms across India.

Networking Opportunities: The program connects students with industry experts and alumni to further their learning and maximize opportunities.

For further details, reach out through Live Chat Support system or visit our training centres in Mumbai, Thane, Pune, Chennai, Bengaluru, Hyderabad, Delhi, Gurgaon, and Ahmedabad.

Machine Learning Certification: A Secret Weapon You Can Use for Career Success

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Machine Learning Certification: A Secret Weapon You Can Use for Career Success

The career world is a competitive place. A simple college degree is not enough. You must differentiate yourself by upskilling to succeed. You can succeed by pursuing an IIT Data Science And Machine Learning certification. With an ML certification, you get better job opportunities in modern industry.

The growing field of machine learning is changing how we function. The industry is evolving and innovating new AI and ML-based technologies. Thus, a career in AI and ML is gaining much attention. But it can be challenging to figure out where to begin. A simple solution is Machine Learning certification.

We will discuss everything about ML and its career opportunities. We will also cover how ML certification helps you kickstart your new career.

Machine Learning – Overview

Machine Learning is one of the applications of Artificial Intelligence. It enables machines to perform and analyse huge Big Data to predict outcomes accurately. It doesn’t need human intervention or programs since it’s self-sufficient. We use ML algorithms in many applications, including speech recognition, email filtering, computer vision, etc.

ML experts or specialists have the job of creating ML-based software and machines. You should get a Machine Learning certificate to become an ML specialist.

Why do you need Machine Learning course certification?

Machine Learning and Artificial Intelligence are growing fields. Every industry is trying to integrate AI-based technologies for better performance. This increases the demand for people with ML and AI knowledge. Thus, many have chosen to pursue a career in machine learning. However, you need to know which course would benefit you the most.

Here are four reasons why you should enrol in the best Machine Learning course certification:

 Career opportunity 

According to a report by TMR, Machine learning as a Service (MLaaS) would increase from $1.07 billion in 2016 to $19.9 billion by the end of 2025. Studying ML offers you chances to develop cutting-edge ML applications in numerous verticals. For example, cyber security, image recognition, medical, or face recognition. Every sector looks forward to applying machine learning in their field. More firms are investing in ML development after becoming aware of the positive impact of ML on business intelligence.

Netflix offered a $1 million incentive to the team that improved the company’s recommendation ML algorithm’s accuracy by 10%. It is evident why machine learning is essential for all companies’ growth. The most incredible time to learn machine learning algorithms is now. Businesses and consumers want to climb the ranks of software developers.

 Good salary

A great salary is another reason to pursue a machine learning course. As per SimplyHired.com, the average salary for an ML engineer is $142,000. A skilled ML engineer can earn up to $195,752 per annum.

 Increase of Machine Learning jobs

Job postings of ML-related profiles have increased significantly. This is another reason to pursue machine learning courses. According to Indeed, the number of ML-related positions has increased a lot.

So you must be thinking – How To Become A Machine Learning Engineer? First, you need to enrol on a Machine Learning program.

Eligibility Criteria for Machine Learning certification?

A Machine Learning certification helps you get better job opportunities. Here’s a quick guide about the eligibility criteria for Imarticus’ Machine Learning course certification online:

Candidates must have passed the 12th standard with physics, chemistry, and mathematics from a recognised board.

Candidates must have completed their B.Tech in CSE at a recognised institute.

Candidates must have earned a degree in engineering with a minimum GPA of 4 or an M.Sc. or M.Tech. in artificial intelligence or machine learning from an accredited institution.

Candidates must have graduated from a recognised university.

Conclusion

Many organisations seek people with machine learning skills. Get certified to kickstart your career in ML and AI. Enrol for the Certificate Program in Data Science and Machine Learning by IIT Roorkee now.

If you are looking for an institute that can teach Course Certificate Program Machine Learning, join Imarticus. You can contact us via chat support or visit our Delhi, Mumbai, Chennai, Pune, Thane, Bengaluru, Gurgaon, and Ahmedabad centres.

How to become a CFO in this digital age

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How to become a CFO in this digital age

Have you ever, by chance, been to a business or accounting school wishing you could become a CFO? You are always told that it is a complicated job and you will have to learn a lot of things, right from accounting to finance. You need to crunch numbers all the time and know about all the taxation and allied subjects. After all, a CFO’s primary responsibility is to handle an organisation’s overall finances.

But these days, almost everything about being the CFO has changed. You do not need to balance the books all the time. CFOs these days are incorporating strategic intelligence from their experience and also from external sources to make business decisions.

There is data to back this. The AICPA (Association for International Certified Professional Accountants) and ICAI (Institute of Chartered Accountants of India) jointly released a report analysing the important qualities of the top financial honchos in the digital age. The organisations which had a digitally proficient finance team have had positive growth in their annual revenue returns.

So, read on to understand the process of becoming a CFO.

What Do You Need to Become A CFO In the Digital Age?

The requirement for becoming a CFO in the digital age applies to all financial professionals. If you want to be a part of the core financial team, be it the CFO or any other member of the team, it is important to shift from ERP software to cloud ERP as the first step.

The CFOs should therefore be experienced in using new technologies for computing data and insights quickly and efficiently to capitalise on the opportunity. It is all because of persisting competition which has been driving financial organisations to incorporate cutting-edge technologies with innovations like data visualisation dashboards which provide real-time analytics. Next-gen cloud ERP suites do not require the finance staff to have in-depth IT skills. At the same time, knowing how to use these digital ERP suites incorporates some small IT capabilities in the professional using it. This helps the finance team to accelerate and automatically execute certain tasks like generating an online report sharing and mailing it to the rest of the staff or vice versa.

Leading financial teams in an organisation have built their foundations on three pillars –

  1. How well they are equipped to assist an organisation in overcoming financial hurdles during a crisis
  2. Identifying new opportunities for investments for an organisation
  3. Help an organisation grow and flourish while facing intense competition in the market

The role of the CFO has also evolved according to the changing role of the financial organisation. Apart from costing and accounting, finance must add value to the ever-expansive opportunities in the market. 

A small use case in this regard will be leading restaurant chains like McDonald’s and Pizza Hut moving from a 20-year-old ERP system to lighter and cloud-enabled ERP suites. This strategic move helped them beat their competition, thanks to them going digital before their competition.

The move was rewarded in multiple ways. The company could reduce costs significantly because it could downsize its workforce. They could also streamline their operations by building intuitive dashboards for making faster decisions with the help of real-time analytics. 

Upgrading Skills as a CFO Is Extremely Important

Cloud-based automation has been making the life of finance professionals quite easier these days. They help in automating most repetitive manual work. That is why financial professionals, CFOs, in particular, upgrade their skills to stay relevant in the job market. With the advent of data science and machine learning, IoT and blockchains, CFOs need to understand the basics along with next-level predictive analysis. The best CFOs prefer cloud applications with the incorporation of advanced fintech technologies that are already present in the market.

So, to become a CFO and attain success, you need to be well-versed with these new technologies.

Now, to help you traverse this road, you can opt for strategic CFO courses from leading management schools or other institutions that have such programs to help you improve your professional qualities.

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In this regard, you can take admission for a chief financial officer course from leading educational institutions like Imarticus Learning. The best thing about this course has been developed in partnership with IIM Indore. So it is bound to be useful and effective.

You will be able to acquire skills that are relevant in the employment market in the given niche. This course is taught through an online mode, so you can study from any corner of the country.

To sum up, to become a CFO, you need a lot more than just technical knowledge. You need to be an analytical, quick thinker and, most importantly, stay calm even in the most pressure situations to find the appropriate solution. Hence, besides acquiring all the technical knowledge, work on yourself and develop these soft skills to shine as a professional.

How To Begin Risk Management Training 

Posted on by Imarticus Learning

There are several reasons individuals and organizations might consider risk management, which is the practice of identifying, analyzing, and either taking action to reduce or mitigate risks and planning for contingencies if they occur. This post will explain some steps to begin risk management training.

Step 1: Identify and rank risks.

Identify all the chances that your organization faces, whether internal or external, and rank them in order of importance. This process will give you a picture of what you need to focus on when developing a risk management plan.

Step 2: Plan for risk mitigation.

Risk mitigation is reducing the likelihood of an event and its impact. This proactive approach to identifying, analyzing, and addressing risks requires a thoughtful strategy that considers avoiding future problems and how to solve them when they arise. Risk mitigation is an ongoing process, not just a reactive one.

To begin planning for risk mitigation, first, ask yourself what you can do currently to mitigate your organization’s risks. For example: does your company have insurance? Is there someone who specializes in risk management within your organization? Do you have access to training resources (whether internal or external)? 

Step 3: Training

Now that you’re ready to start, it’s time to train your employees using the steps you used to develop your training plan. Ideally, this process should get repeated every year so that employees understand what they need to do in their roles and how vital risk management is for their organization.

It helps keep things organized if you have a centralized location where all training materials are stored, especially if multiple departments within your company need access to them. It also makes sense to keep an electronic copy on hand of each training module so new employees can refer back as needed—and if you want proof that they did indeed view these videos/sheets/etc. You can make sure there’s an option at the end of each module asking whether or not someone has watched the content fully before moving on!

Step 4: Evaluate your risk management plan.

Once you have a risk management plan, it is crucial to evaluate the effectiveness of your project. How are you going to measure this? What metrics will you use? Do these metrics tell a story about your progress or lack thereof?

Once you have identified what needs improvement in your risk management plan, determine the appropriate solutions for each problem. Is there a funding issue? Does this mean something needs to be cut from other business areas to fund risk mitigation strategies?

It’s good practice to ensure that everyone within your organization knows who their point person is regarding risk management. 

Discover a capital market training courses with Imarticus Learning

Our advanced management program in the capital markets will teach students about investment banking, capital markets, risk management, and fintech. IIM Lucknow’s best business school created this six-month rigorous curriculum. This course may benefit experienced middle managers looking to relaunch their careers in the financial services industry.

Course Benefits For Learners:

  • As part of this equity research course, students will have the chance to meet and interact with their peers and industry professionals.
  • In this financial risk management course, students will master essential areas like investment banking, capital markets, risk, and fintech. 
  • A capital markets certificate includes all the information students need to know about the financial industry and its functioning.

The Digital Marketer’s Guide To 78% Conversion Rate

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The Digital Marketer’s Guide To 78% Conversion Rate

learning and development

To run a successful digital marketing business and get the most out of your marketing efforts, you need to improve your conversion rate. But what is a conversion rate? And how do you measure it? This guide is designed specifically for digital marketers who want to increase the conversion rate.

How to Improve Your Conversion Rate with Website Copywriting?

Website copywriting is writing the text that appears on your website. Copywriting is also essential because it helps you get more leads, increase sales and achieve higher conversions. So if you want to improve your conversion rate with website copywriting, then here are some tips:

  • Use a conversational tone: This means speaking in everyday language rather than technical or promotional words. 
  • Use active voice: Active voice makes sentences sound more natural because they contain verbs like “sell,” “make,” etc., instead of nouns which can make reading confusing for readers if there are too many pronouns involved.
  • Use short sentences: Longer sentences may seem more straightforward, but they take longer for people to read through since there are more words per sentence than shorter ones! 

How the Best Landing Pages Convert More Leads?

  • Use a headline to grab attention.
  • Make the headline benefit-driven.
  • Short and sweet, but not too short! You want to leave room for the reader to read all of it without losing their interest or becoming bored by repetition.
  • Call out what’s different about your product or service, then ask them if they’re interested in learning more.

Want More Conversions? Use These 3 Psychological Triggers on Your Landing Page

If you want to increase your conversions, it’s crucial to understand how people feel when they land on your landing page. The psychology of a website can help you ensure that what you’re showing the user is exactly what they need to convert. Here are three psychological triggers that will help drive more conversion:

Pleasure’s Promise: The Hope of Reducing Pain

Human nature compels us to take action to enjoy ourselves or avoid suffering. If you give it some thought, you’ll realize that you bought most of your life with these two goals. Therefore, when crafting your content, consider how you can present your ideas to appeal to your readers’ desire for enjoyment or to avoid suffering.

Foster Curiosity

The saying “curiosity killed the cat” is more accurate than you might have previously believed. Ever watched a salesperson give a presentation about their wares? Most of the time, salespeople who are worth their salt begin their presentation by piquing interest.

Create a Sense of Belonging 

Everyone aspires to be a part of a community, whether it be a family, a group, a nonprofit, or anything else that gives them a sense of identity. Human nature includes a desire to fit in. Today, that same need is so ingrained in our character that it influences buying things.

Learn Digital Marketing Course with Imarticus Learning

Our digital marketing course offers placement assurance and a more collaborative curriculum that strongly emphasizes capstone projects, employability skills, and opportunities for secure employment.

Course Benefits for Learners:

  • By analyzing the case studies of actual clients, students will gain knowledge from the digital marketing online training that big businesses use to keep their competitive edge.
  • The most essential Content marketing certification course fully comprehends digital marketing concepts and is now available to students.
  • Now, students can take part in a supervised online project to learn SEO principles.

 Contact us through the chat support system, or drive to our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Delhi, Gurgaon, or Ahmedabad.

Tools that you will need to become a successful supply chain analyst

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Tools that you will need to become a successful supply chain analyst

Supply Chain Analytics helps management make data-driven decisions at strategic and operational levels. A supply chain analyst monitors the working and performance of the supply chain and identifies the recent trends and risks thereby trying to come up with effective solutions to minimise the loss and make the entire process more effective. Supply chain analyst is one of the most sought-after job profiles in recent times. One who aims to work in this domain should look to upgrade their skill set, and acquire the required knowledge and expertise so that they become a successful supply chain analyst.

As a requirement of this job, one will be responsible for creating and executing supply chain operation strategies and actions. He will be involved in the development and execution of the supply chains, including demand planning and inventory management, thus meeting the business objectives.

Skills needed to become a supply chain analyst –

  • Project Management
  • Basic Accounting Skills 
  • Leadership Qualities
  • Time Management 
  • Communication Skills 

Effective Tools needed for Supply Chain Management

Shipping Alerts- A popular tool that provides real-time shipping alerts and notifications is really helpful. Large Companies have high-volume supply chains with multiple cargos being shipped to many clients in various countries, this tool comes in handy. This keeps both parties updated so that one can take necessary actions when something goes wrong. The notifications regarding the status of the shipment are sent to the mobile to keep them informed. On one hand, these tools ensure the growth of the company and on the other, make the supply chain prone to mistakes. 

Order Processing- This is a crucial part of supply chain management. This can make or break the entire system. This helps to process orders in time, manage the entire process involved, fulfil the order as per the client’s need and handle the billings. This tool captures data and provides alerts to the users to keep them well-informed about their order status. This makes life way easier compared to the time-consuming traditional process. It reduces mistakes as there is no need to manually generate bills or take down orders anymore. 

Warehouse Managing- These kinds of tools are really helpful for the analyst as it is useful in managing the day-to-day workload in the warehouse. It provides a wide range of help- broad or specific, depending upon the needs of the company. These tools can handle complex logistic-related issues, product tracking, product ordering, network planning, packing of shipments, etc. These help in the entire process of packing orders in multiple warehouse locations at any point in time. They are very efficient and help the analyst with various kinds of solutions. 

Forecasting- An important part of supply chain management is the forecasting of trends and demands by the analyst. Supply chain tools can process huge amounts of data instantly which would take hours or even days for an analyst. These tools help provide the analyst with detailed insight into past trends, demands, and practices. With these, the analyst can predict the future demand for the product resulting in the growth of the company. They can analyse the consumer’s choice and preference pattern as well. Providing crucial information about production decisions, labour supply, and supplier relations helps to meet the demand conditions easily. Without the help of forecasting tools, there would be stock shortages during a boom period and an excess supply of stocks during a recession. 

Ideal Supply Chain Management Course

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Many such management courses have come up these days to encourage people to enrol in these certificate courses and upgrade their skills and make themselves more lucrative to be able to secure a job in this domain. One of the best courses in supply chain management is available at Imarticus. Their SCM program (Professional Certification in Supply Chain Management and Analytics) is a supply chain management certification course that makes life so much easier for the one who wants to pursue this job role.

This 6-month program provides you with supply chain management online training, recognised certificates from IIT Roorkee along with live classes from their experienced faculties and industry experts. They follow an advanced curriculum and also provide hands-on experience with real-life SCM projects. They not only help you learn job-relevant skills but also have great placement opportunities as well. One can opt for this course if one wants to gain knowledge in this field. 

Conclusion

In today’s world, with the availability of data-driven and technology-based tools, the jobs of supply chain analysts have become easy yet multi-faceted. They are now required to have various software skills which can be applied to day-to-day work to enhance the output and contribute to the company’s growth.  One can now take the help of various short programs or certification courses to learn all about supply chain management and get ahead in their career. Choosing the best programme that can enhance their level altogether can be helpful for someone who wants to work in this domain. 

Online Vs Classroom Training For Financial Modelling

Posted on by Imarticus Learning

Introduction

The study of financial modelling can be regarded as one of the most esteemed skills one can learn in financial analysis. It mainly focuses on a combination of accounting, business and finance to forecast a company/institution’s future prospects. With new skills being added to this scope of the study, financial modeling training is the best option to flourish in this field. 

What is the Best Way to Learn Financial Modelling?

Practice is the best answer to learning financial modelling. In order to become a financial modeling expert, one has to go through years of experience to build such models. Reading pre-existing equity research reports can be considered a helpful option as it can be used to compare your own procedural efforts. Following that, the historical records can help to build a new model, allowing you to calculate a net present share of values plus create a comparison to reach your targets in better ways.

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A financial analyst course such as the Financial Analysis and Planning Program by Imarticus can enhance your existing skillsets and develop new potential for understanding. With the help of the KPMG expertise, one will receive the best financial modeling training. 

Which is the Better Option to Learn Financial Modelling – Online or Classroom Training?

After the COVID-19 pandemic, the education community has experienced the online mode, classroom mode as well as hybrid mode. Here is a comparison as to which is better for financial modeling training – classroom training or online training. 

  • Level of Convenience

The convenience factor in the online mode can be regarded as way more if compared to the offline method of teaching. Students do not have to go through external factors such as facing roadblocks while reaching school, going through compulsory lectures when other commitments are present and many more. Also, working professionals find the online version better as it is way more hassle-free than attending classes while leaving their workspaces before the allotted time. Virtual classrooms have allowed a level of flexibility, giving students a high chance to raise their potential. Hence, in this comparison, the online mode has been highly convenient compared to offline teaching if thought in terms of the students.

  • Teaching Mode

In this case, classroom teaching has been more successful in providing knowledge if compared to the online mode. This is because regular face-to-face interaction leads to a better understanding of the modules, which was not possible in the online mode of education. Also, subjects such as financial modelling require teamwork to reach better solutions. In the online version, however, doubt-solving seems to be easier compared to the offline mode. However, with the lack of physical presence, teachers also have a problem understanding whether the students have grasped the concepts altogether. 

  • Network Connections

Physical networks are way more important than remaining globally connected when it comes to financial modeling training. It is more likely to learn about others’ experiences with a face-to-face interaction, leading to a better exchange of notions. This can activate your thought processes as to where you are standing in your career path, which is better in the offline mode. 

  • Expenses

Online teaching is pocket-friendlier than offline teaching as it cuts out travel expenses and has a lesser tuition fee. The cost differences according to research sum up to over Rs. 8000-Rs. 10000 approximately. From this perspective, online training can be regarded as more suitable. 

  • Self-discipline

This is one factor that depends more on a personal basis but is usually affected by the mode of teaching. Factors such as dedication and diligence can be upgraded once there is a proper schedule that must be compulsory to follow. Such stability is present in offline mode of learning rather than online modes as free will is more present in the latter. 

  • Learning Stages

With the entry of COVID-19, the learning stages of the student community have been affected at a massive level. If one is well-versed in the basic knowledge of financial modelling, then an online course can be considered a viable option. But for in-depth learning, offline classes play a more efficient role compared to online modes of education. 

Hence, it can be understood as a never-ending debate as to which one is better for financial modeling training – online or offline mode of education. 

Conclusion

If you are more comfortable with the online version of education or want to explore beyond the teachings of a physical classroom, then Imarticus introduces the Financial Analysis and Planning Program to you all. This financial analyst course will provide you with the best of learning and help you to become a financial modeling expert once you have complete your graduation. 

Read More – 

https://imarticus.org/financial-modeling-training-in-2022-how-to-get-started-without-experience/

 

Why are banks called financial institutions? Significant differences between banks and financial institutions

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Why are banks called financial institutions? Significant differences between banks and financial institutions

Banks and financial institutions are two terms often used interchangeably. However, a common query, or rather a confusion here, is why banks are addressed as financial institutions. Well, the answer is simple, banks are organizations that manage various financial activities. It acts as a financial intermediary and accepts capital in the form of deposits and savings. Then it uses these deposits and begins various lending activities in the market. This lending can either be direct to the debtors or through capital markets.

So, calling banks financial institutions is not an issue in the larger scheme of things. To learn more, you can complete a PGDM in financial management.

What Else Does a Bank Do?

Banks connect capital deficits and capital surpluses through customers. So, the cash flow can be redirected to people who need it the most. But that is not the sole function of the bank. They can also issue letters of credit and also issue travelers’ cheques and perform other activities of a similar nature.

Along with that, they also offer locker facilities that help to keep valuable items and documents safe and secure.

Banks also provide foreign exchange dealings for customers. They also assist in the underwriting of market tools like shares and debentures.

What Are Financial Institutions, And What Do They Do?

Financial institutions are organizations that serve as channels between borrowers and servers. A financial institution collects money and invests assets like stocks, bank deposits, bonds, or loans. Institutions like these are considered to be financial institutions. But it is a non-deposit financial institution. A financial institution accepts the customer’s cash deposits but strictly uses them for investment or security, and then it returns the revenue to the investor. The entire amount may be returned on maturity or when the account is terminated.

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Financial institutions interact directly with banks and governments. But when they are dealing with clients, they do not collect the customer’s deposits and provide them with deposit accounts while handling their cash. The only source of return is a fixed rate of simple interest. Banks can do both of these, and so, banks are financial institutions, but vice versa is not true.

If you wish to learn more then, you can enroll in financial services and capital markets course.

Differences between Banks and Financial Institutions

Now, a financial institution is a broader term; it includes banks, NBFCs, Co-operatives, and other organizations that deal under the guidance of RBI. To be specific, RBI is the apex bank of India, and it draws the framework and guidelines for these organizations to work.

However, you should not confuse it with the share market and mutual fund distributors; they come under the scope of SEBI (Securities and Exchange Board of India).

So, to decide the difference between banks and other financial institutions, let’s take up a few pointers –

Definition

The definition of a bank is more precise when compared to financial institutions. Financial institutions will include the definition of NBFCs, modern-age payments banks, etc.

License

Banks operate under the specific Banking Regulation Act of 1949, and they need a separate banking license from the RBI to operate in India.

Accepting deposits

Banks are free to accept demand deposits, but other financial institutions that do not have a banking license cannot accept them. Furthermore, banks can offer the whole suite of banking services, but for other financial institutions, there are limitations in place.

Foreign investments

As per Indian laws, foreign companies can invest up to 74% in Indian banks. Whereas, in the case of all other financial institutions, there are no such restrictions in place.

Maintaining reserve ratios

Banks in India need to maintain a reserve ratio as per RBI’s instruction. Moreover, this is mandatory for every bank to keep this ratio. Whereas, for other financial institutions, there are no such provisions.

Payment and settlement system

Banks are a crucial part of the country’s payment and settlement system. In contrast, non-banking financial institutions are not.

These are some of the main differences between banks and financial institutions.

Conclusion

Hopefully, now you have an idea of why banks are called financial institutions and how banks stand out from other financial institutions. But if you wish to learn more, then there is plenty of study material available across the internet.

However, if you are planning a career in this domain, then completing a Post Graduate Program in Banking and Finance from Imarticus Learning can be a great idea. 

Ten applications of Cloud Computing in the new age of information

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Ten applications of Cloud Computing in the new age of information

No doubt, Cloud computing has revolutionized the way we use information. It has opened up new possibilities for businesses and individuals alike. Even though it is in its early days, the potential for cloud computing is enormous. We are only beginning to tap into the massive potential of Cloud Computing, and there is a lot more.

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In this article, we will cover ten applications of cloud computing that are making waves in the new age of information. So without further ado, let’s move to it.

Application #01: Cloud Storage

One of the most known applications of cloud computing is cloud storage. Cloud storage allows users to store their data on remote servers that can be accessed from anywhere in the world. This is extremely convenient for individuals and businesses who need to share large amounts of data with others.

Application #02: Cloud Backup

Another popular application of cloud computing is cloud backup. Cloud backup allows users to store their data on remote servers in case of data loss.

Application #03: Cloud Hosting

Cloud hosting is another popular application, and it allows businesses and individuals to host their websites on remote servers. This is extremely convenient for businesses and individuals who want to save money on hosting costs.

Application #04: Cloud Computing for Education

Cloud computing is also being used for education. There are a number of educational institutions that are using cloud computing to provide better services to their students.

Application #05: Cloud Computing for Healthcare

Cloud computing is also being used in the healthcare industry. Hospitals and other healthcare facilities are using cloud computing to store and share medical records. This is extremely beneficial for both patients and doctors.

Application #06: Cloud Gaming

Cloud gaming is another popular application of cloud computing. In cloud gaming, games are played on remote servers and streamed to the player’s device.

Application #07: Cloud Collaboration

Cloud collaboration is another popular application that helps collaborate on projects without having to be in the same location.

Application #08: Cloud Marketing

Cloud marketing is another paramount application that allows businesses to reach a wider audience with their marketing campaigns.

Application #09: Cloud Computing for software

Cloud computing is also being used for software development. A number of companies are using cloud computing to develop and test their software products.

Application #10: Cloud Computing for Businesses

Finally, cloud computing is used by businesses to save costs. A number of businesses are moving their operations to the cloud to save money on infrastructure costs.

These are ten popular applications of cloud computing that are making waves in the new age of information. So stay tuned for more exciting developments in this field.

Discover Cloud computing course with Imarticus Learning.

By the end of this exciting course, students will be well-versed in Cloud Computing concepts and architecture. You will have gained an in-depth of Cloud services and deployment models. With fintech leaders and entrepreneurs as your instructors, this course will help you build a strong foundation in Cloud Computing.

Course Benefits For Learners:

  • A career in Fintech is promising; students stay up-to-date by attending networking functions, job fairs, or webinars. 
  • The best fintech courses in India prepare students for careers in the field. 
  • The students will be capable of using what they learned in the fintech training at their jobs.

Visit our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Delhi, Gurgaon, or Ahmedabad, or contact us via chat support.

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https://imarticus.org/is-fintech-failing-a-practical-opinion/

Things you need to know know before opting for a banking program

Posted on by Imarticus Learning

Things you need to know before opting for a banking program

When it comes to banking and finance, a lot of things go into the process. If you’re looking to get into banking or finance, it’s important that you have a solid understanding of what banking means and what goes into the banking process. That’s why we’ve put together this informative post so that you will get an overview of what the banking program is all about and the things you need to know before opting for one.

Overview of the Banking program

Banking programs are basically designed to train individuals in banking and finance so that they can be better handled when it comes to handling banking transactions. These programs will typically cover topics such as accounting, financial analysis, and investment banking.

If we talk about the types of banking programs, then there are two types of banking programs: online and offline.

With an offline program, you’ll attend classes at a physical location. This is the traditional way of learning banking and finance.

Online banking programs, on the other hand, are becoming more popular these days. You can learn banking and finance online at your own pace and in your own time. There are many different types of online banking programs available, but they all have one goal: to help you become a better banker.

However, before you choose to enroll in a banking program, there are a few things you should know. So, let’s take a look.

Things you need to know:

  • The banking program you choose should be accredited by a reputable organization: Yes, it’s a priority that the banking program you choose is accredited by a reputable organization. There are many banking programs out there that are not accredited. These programs may not provide you with the quality education you need to be a successful banker.
  • Cost of the banking program: The cost of the banking program is a paramount factor to consider. Some programs may be more expensive. But keep in mind you get what you pay for.
  • Duration of the banking program: The duration of the banking program is also a crucial factor to consider. Some banking programs last a few weeks, while others may last several months. So, choose a program that fits your schedule and needs.
  • Instructor-led or self-paced: Banking programs can be either instructor-led or self-paced. If you’re someone who loves to learn at your own pace, then a self-paced program may be a good option for you. But if you prefer a more structured learning environment, then an instructor-led program may be a better choice.

Discover Banking course with Imarticus Learning.

online learning

Through this banking and finance online training, learners will gain technical and soft skills that are necessary for a successful career in retail banking—and in NBFCs or fintech.

 Course Benefits For Learners:

  • Many students who were placed in entry-level positions with reputable banks, NBFCs, FinTech companies, and other organizations have seen their pay increase by over 60%.
  • The postgraduate program in finance covers the following topics: introduction to Banking and Finance, Financial Management, banking operations, and credit analysis, consumer financial services, commercial banking & asset management.
  • Students will receive a corporate banking Certification course, which can improve their resumes and help them advance in their banking and finance careers.

 Visit our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Delhi, Gurgaon, or Ahmedabad, or get in touch with us via the chat support system.

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