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Category: #ImarticusBrightestMinds

PGDM in banking and finance: Opportunities and Impact in 2022

Posted on by Imarticus Learning

A Post Graduate Diploma in Banking and Finance opens up avenues to great job roles in the sensitive sectors of finance and banking. A good online MBA course or diploma program introduces learners to the world of strategic management, organizational behavior, human resource management, business law, and business economics.

These are absolutely essential for any senior finance professionals as well; however, in order to open up doors in Finance or Banking, one needs to learn financial accounting, analytics, cost accounting, retail banking, management accounting, and many other subjects that are very crucial for financial or banking sectors. 

Benefits of a Diploma in Banking and Finance

Here are some of the benefits of getting a Diploma in Banking and Finance or finishing an online MBA course:

  • Get better salary packages and more interesting job roles.
  • Prepare yourself for a professional environment with practical training and real-world projects.
  • Keep up with financial technologies and New Age Banking.
  • Industry-oriented training with domain experts and professors who help you solve real-world problems in finance or banking.
  • Learn research methodology and strategic management.
  • Learn treasury management.
  • Understand business ethics, risk, assurance, and governance.
  • Get introduced to Foreign Exchange Management and International Banking.
  • Learn about markets and financial institutes.
  • Understand corporate finance and financial services marketing.
  • Learn corporate banking, investment banking, and retail banking.
  • Learn about governing bodies, corporate law, and business law.
  • Become a master of financial accounting, management accounting, and cost accounting.
  • Master financial analytics and business analytics.
  • Learn about Information Systems and other ERP software.
  • Become a master of Decision Science and Operation Management.
  • Understand human resource management and the relation between financial management and marketing.

Career Options after Graduation

The impact of a PGDM in Banking and Finance is immense. The diploma holder’s value immediately increases in these domains, and thus, opportunities start presenting themselves in the form of management roles and other crucial or respectable roles within large organizations.

Finance is the backbone of businesses, and without financial experts, a business will not be able to manage itself very well. Not just financially, the business will also collapse in terms of organizational stability and operational infrastructure. Bankers experienced in investment banking or international banking are also extremely respected and rewarded handsomely.

Thus, if one decides to pursue banking and finance through a PG Diploma or MBA, then he/she can expect amazing returns in terms of job satisfaction and salary packages. For individuals who have completed programs such as the Post-Graduate Program in New Age Banking from Imarticus Learning (PGPNAB), getting desirable jobs in companies such as Morgan Stanley, Goldman Sachs, Deutsche Bank, J.P. Morgan, HSBC, and BNP Paribas is easy. 

Here are some popular career options after graduation in finance and banking:

  • Private Banker
  • Asset and Wealth Manager
  • Portfolio Manager
  • Investment Banker
  • Global Financial Researcher
  • Business Analyst
  • Financial Analyst
  • Budget Analyst
  • Operations Manager
  • Financial Strategist
  • Market Advisor
  • Business Development Manager
  • Investing Counsellor
  • Credit Manager

Conclusion

With a good program such as the PGPNAB from Imarticus Learning, one can get dual certifications and a salary increment. Imarticus Learning also assures placement support and a 25% salary hike. The PGPNAB is arranged in a manner that students get the Imarticus Learning PGPNAB diploma in 11 months and an MBA from NMIMS in 2 years.

This is extremely helpful for students as they are able to secure themselves jobs while also learning to become finance professionals. Through the PGPNAB, one can also benefit from the option to pay a certain amount of the fees only after getting placed in a company.

MBA degrees over the years and how to choose the right one

Posted on by Imarticus Learning

Traditionally, an MBA degree is offered as an on-campus option, where a student has to pause their career and cede their salary for it. But, in recent years, technology has shaped course delivery methods considerably, and most of the leading business schools are now offering part-time and online MBA courses. 

Due to the COVID-19 pandemic, a vast shift towards remote studies made aspirants opt for the online mode of education. Few of the world’s leading business schools have recently shifted to a complete online course curriculum. But, how do choose the right one? Here are the tips for settling on the right MBA course.

Tips to Choose a Right MBA Program 

Tip 1: Know Your Purpose  

While opting for an MBA program, it is vital to know the goals beforehand. Some aspirants wish to pursue the MBA to get a promotion, while others want to excel and get started in the business genre. For people who don’t want to leave their current job but want the degree to reach heights, an online MBA course will be perfect as physical meetings with new people, networking with industry experts, and reaching different companies might not be the primary priority. 

But, for a student who wants to get started in the business sector, physically meeting people is the primary criteria; hence, a traditional on-campus course will be ideal for them. 

Tip 2: Budget

While considering a business management course, budget is one of the primary deciding factors. While it is quite common to notice that on-campus courses are relatively costlier than digital MBA courses, it is essential to choose the suitable one.  

Few business programs also provide scholarships for deserving students. Hence, students who have a tight budget or are meritorious can check out the institution providing financial aids.   

Tip 3: Employability and Competition of Admission 

Institutions providing the best online MBA courses have a high employability rate. This factor is beneficial for students looking for a course that will provide them significant opportunities but within a limited budget. These online courses will groom them with all the amenities with options of industrial connection and a virtual networking ecosystem. The employability rate of a particular university is provided on the website itself, or it can be found on the internet if researched well. 

Additionally, an online business management course will give candidates options to study from their residence, with a minimum computer and fast internet connection requirement. Although most of the on-campus leading MBA courses have a high competition to get into due to their limited seat availability, these online programs have relatively more seats for students as institutions do not need to accommodate them on-campus. Hence, the competition to get into an online MBA degree course is somewhat easier for aspirants. 

It is easy to get lost in the different university prospectus when choosing an MBA program. Apart from these primary pointers, you can check – 

 

  • Class Profiles – 

 

Look at the profile of previously passed out candidates, where they are now, what positions are they serving, and others. This will provide you with the necessary idea of how the alumni have performed and your chances of success. 

 

  • Institution’s Reputation- 

 

Lastly, know about the national and international reputation of the university. A highly reputed institution will let its students connect with a large alumni base, thus widening the scope of employability and further studies. 

Hence, before choosing an MBA course, check out every above-mentioned factor to settle for an ideal one. Candidates should remember that both the digital and physical MBA’s have their pros and cons; hence it is crucial to choose accordingly. Imarticus offers some of the best management programs from some of the world’s renowned universities that one can choose from.

Emerging markets: India and the pyramid of opportunities in Investment Banking and Fintech post MBA

Posted on by Imarticus Learning

Fintech and investment banking (IB) are the domains that are booming these days. Fintech is reinventing the way regular operations in some major businesses happen. Along with it, due to its vast operationality in every sector, it also offers numerous job opportunities.

On the other hand, investment banking is booming because of changing market trends and the merger and acquisition solutions that are required to solve them. IB also provides restructuring advisory and helps establish connections among clients, investors, and lenders. 

Further, fintech and IB are leading when it comes to job opportunities in India. Considering this, it is the golden time to do an MBA in fintech or an MBA in investment banking for people who want to get ahead in their careers. Imarticus Learnings offers an MBA in fintech course with JAIN online MBA. These will not only hone your skills but also give you a tremendous amount of exposure. Here we are going to take a look at the job opportunities in both these fields in detail. Keep reading… 

Applications of Fintech 

There are a lot of ways in which fintech helps companies grow. So, here is a list of the major fields where fintech graduates are high in demand:

 

  • Data science: Data scientists are high in demand these days. They help firms out in ways that are hard to beat. 

 

  • Technology services: As technology is the backbone of the fintech industry, there are a lot of areas where this course comes in to help. This is why there are lots of opportunities for the same here.
  • Operations: There are roles in the field that require in-depth market knowledge, and management and communicative skills. Fintech graduates come to good help in these situations and are in very much demand.
  • Information security and risk management: As fintech in some aspects quite similar to regular financial services, things like information security are highly prioritized. This is why experts in this field are in demand.
  • Customer service: Fintech graduates are hired regularly to help solve some serious issues and make things run smoother.

Other than these, the IT sector, HR departments, legal, finance, and procurement teams are fields where there are tremendous opportunities for fintech graduates.

Opportunities in Investment Banking

There are a few major roles that MBA in investment banking graduates perform and are in high demand. 

  • Analysts: Their job is to create pitch books, i.e. a slide deck of recommendations to suggest to clients. They also perform live deals.
  • Associates: They work for VPs, SVPs, and even MDs. While analysts arrange the underlying materials, associates check the accuracy and quality of the work.
  • VPs: They lead the execution of a deal and work as a link between seniors and juniors.
  • SVPs: They are MDs in the making as long as they prove that they can bring in new business. 
  • MD: They are responsible for generating deals that pay for the salaries and bring in new businesses.

 

As a lot of domestic and international fintech and IB companies are opening up their businesses in India, the job demand is supposed to climb off the charts from next year. Prepare for it now with Imarticus Learnings’ MBA in fintech program in collaboration with JAIN online MBA.

MBA: Re-architecting investment banking in 2022

Posted on by Imarticus Learning

If you think that the prospects of an MBA degree are diminishing under the various other job opportunities in the financial sector, you might want to re-think. MBA is still a prosperous career for people having any kind of degree. One of the best options at the moment is an MBA in Investment Banking. 

Conveniently, there are plenty of courses online and one of the best online MBA courses available is the MBA In Banking & Finance Management in collaboration with Jain University. It is also an NMIMS Online MBA, offered in Distance Education. 

How to pursue a career in Investment Banking with an MBA?

Clearing the MBA is the final step. You must do some thorough background work to ensure your prospects are high in investment banking. It can be a last-moment decision but some long-term work on this route will help you be better prepared.

  • The first step is to learn as much about this industry and what is the role of an investment banker.  
  • The second step is to do a self-assessment to see what skills that you are better at. Investment banker needs to have a small set of personal skills including communication and decision-making skills. Quantitative abilities and interactive skills are crucial for dealing with various clients. 
  • The third step is to increase your network both personally and in the digital world. Connecting with other investment bankers can give you a proper insight into what is expected of you. It will help you decide if you are good at it or if it is beneficial to you. 

An ideal MBA course will help you set the foundation, both in qualitative and quantitative areas. This is why one must choose from the best online MBA courses. 

Which stream of MBA is ideal for Investment Banking?

MBA in Investment Banking is the best option. The other options available in finance and statistics would also work. Many of those available courses will have a curriculum having all of these sections. The NMIMS Online MBA course is one of the top-rated. 

Investment Banking is a highly competitive career so having a business management background is crucial and an opportunity to brush up on the skills that will help you reach the top tier in the future. 

Points to understand

People usually take an MBA degree as an option of trying out new fields, or as a step to figure out the proper course of their careers. This is not the way to go if you are pursuing a career in investment banking. 

To be a successful investment banker, you must be laser-focused on this industry as well as have a clear mindset about your needs and abilities. Once you make up your mind, go through those three steps mentioned above.

Once you have your path well designed, an MBA in this field will comfortably take you to your destination. 

MBA and Investment Banking

Completing an MBA in IB helps the aspirants to land a job more easily than other courses. Getting a degree from top universities increases your chances. It can give you higher starting salaries than in other fields. 

As competitive as the field of investment banking is, there is still room for people who have a competitive spirit, have the needed talent, and are ambitious. It is a stressful career for many and only those who can endure it would survive. 

One of the key turning points here is to have some kind of internship while doing the undergraduate course. To get the best out of such experiences is to invest in a target MBA such as the one specifically for Investment Banking. 

Wondering what to do after B.Com? Read on

Posted on by Imarticus Learning

A B.Com degree is an in-demand course but not everyone is sure about what to do after this. While this can help land a high-salaried job it needs a thorough understanding to find the right career after this. If you are wondering what to do after completing your course, this article is to help you. We will discuss the various options you can choose and see how prosperous each career looks. 

Career options after B.Com

The top career options after B.Com are, 

  • Investment Banking: A New age banking and finance course or a banking and finance course after graduation will be a smarter choice as NAB is one of the most flourishing careers. Investment bankers can choose private wealth management, equity research, asset management, private equity, etc as specific fields. 
  • MBA: Getting an MBA after B.Com is a necessity but one must choose the right course here. There are online and offline courses available. One of the examples of online MBA courses in the MBA In Investment Banking & Equity Research accredited Jain University. 
  • Chartered accountancy is one of the oldest, most popular, and one of the best career options. The entry salary is decent but offers career growth options up to owning your own firm. 
  • A company secretary who manages a company’s finances, tax returns, ensuring legal regulations, etc, is an old-fashioned but thriving career. It is a tougher nut to crack but highly rewarding. 
  • A financial analyst is a globally recognized career option for B.Com graduates. It requires multi-level exams to clear the certification but the job prospects are higher when compared to other career options. 
  • The Business Accounting and Taxation sector offer career options such as tax consultant, tax analyst, company law assistant, account executive, corporate legal assistant, finance manager, etc. 
  • Financial Risk management: The financial risk management industry is a golden goose for B.Com degree holders who are interested in finance. There are short-term and long-term certification courses available.  
  • A Financial Planner can be a financial or insurance consultant with specific expertise in the fields of insurance, taxes, retirement planning, estate planning, etc. 
  • Public Accounting: The job responsibilities include preparing the various financial statements for audits, getting attestation services, financial reporting, informed decision-making, and promoting financial growth for companies and investors. 

Courses and career prospects

As vast as the career options for B.Com graduates is, people are skeptical about choosing their path. The popular stream these days is to choose some banking and finance courses after graduation. 

Here, the New age banking and finance course is highly regarded as the best option. Investment banking is a prosperous career that is challenging, thrilling, and rewarding. 

Courses such as PGP In New Age Banking offered as an 11-month course or a two-year MBA In Banking & Finance Management, is a wonderful opportunity. With an MBA you can start your career at a higher salary range. 

Conclusion

Everyone who is thinking about their future after B.Com might want to check the time, difficulty level, and cost of each course, before deciding on the best one. All the above-mentioned career options and the courses will give you incredible opportunities.

It just needs some careful assessment and finding your interests and skills to excel at any of these. B.Com has given you extraordinary preparation for a prosperous career. Now it is up to you to supplement the necessary skills to help yourself and move into a space that might be most suitable for you.

Diverse job opportunities after completion of MBA in Fintech

Posted on by Imarticus Learning

Technology has expanded its reach into the financial sector. It is essential for the various developments and growth in the domestic and global economies. FinTech is the integration of finance and technology departments. It has now become a separate career with various prospects. 

One of the top qualifications to find a job in the finance sector is an MBA in FinTech. There are various courses available from leading universities both online and offline. An online MBA course will be more convenient and they are equally valuable. 

Online MBA and job opportunities may not seem possible but the fact is, there are diverse opportunities available in various departments. Here are some of those wonderful opportunities. 

  • Business Analyst

A business analyst will combine the various models, workflow, business strategies, etc with the IT systems. This collaboration helps the institutions to study and revise their strategies for maximum benefits and success. It is one of the important ways of improving the overall efficiency and rectifying any mistakes in the business operations. 

  • Chief Financial Officer

The CFO is the responsible person who monitoring the financial flow of the company. Predicting capital requirements, analyzing the financial performance, risk management, etc are a few of the responsibilities of a CFO. MBA in FinTech is one of the requirements to qualify for this job. Having long experience in this field will help them excel at this job opportunity. 

  • Compliance Analysts

Compliance is an emerging field in FinTech that helps companies to improve their product growth. Since this is a part of the regulation of the economy, compliance analysts are in demand. 

  • Financial Analyst

One of the most crucial and popular job opportunities in FinTech is Financial Analyst. The job demands analysis of the financial trends to predict future investment decisions. The analysts must categorize the data in the right manner to achieve the same. Multinational companies are looking for such analysts with higher salaries as well.  

  • Investment Banker

It may seem impossible but with an online MBA course, one can easily be an investment banker having the right skills and expertise. 

  • Portfolio Manager

A portfolio manager single-handedly deals with the pooled money of a company or institution. Continuous expiration of the market will be required by them to help the clients to reach their financial targets. 

  • Risk Managers

As the title suggests, risk managers deal with assessing and discerning the company’s financial risks. They must manage the finances without succumbing to losses and must reduce them. 

  • Venture Capital Analyst

The financial industry is dynamic and companies must be on their toes to keep up with their competitors. It is the Venture Capital Analyst who assists them in this task. They must diversify their network and continue working closely with the firms to help them find their capital. 

Online MBA and job opportunities

These days it is not difficult to find an online MBA with job opportunities. Courses such as the MBA In Investment Banking & Equity Research in collaboration with Jain University is one such course.

Students will get the opportunity to get guidance from experts and find them acquainted with all the necessary fields in FinTech. Completing the course will help you find diverse job opportunities in this industry. You will also get proper training and interview assistance. 

Continued mentorship along with flexible timings make this one of the best online MBA courses for professionals and beginners. 

Conclusion

As per the latest trends, demand for MBA graduates in FinTech is still on the rise. A deserving candidate having the required skills is likely to get immediate placement in leading MNCs. 

Is it possible to become an investment banker with an Online MBA?

Posted on by Imarticus Learning

An investment banker at a high-profile company is a dream job. Getting an MBS degree from a top university will surely open a path in this way. Most of the leading investment banks look for eligible candidates at the top MBA universities and colleges. It means that it is possible to become an investment banker with an MBA so an online MBA is also valid. This is why the demand for an online MBA in investment banking is trending. 

Online MBA Program

An online MBA course may last for a few months to two years but the two-year will be more credible and recommended.

Here, we will see how to find the best online MBA course to be an investment banker and other tips. Before we see that, let’s see the role of an investment banker.

Role of an investment banker

An investment banker is one of the key players in the financial department who is capable of identifying the risks associated with the financial operations of the institution. Acquisitions, sales, mergers, documentation of planning for the companies to go public, etc are a few of the other requirements of an investment banker job. 

It is a high salaried job profile but comes with high stressful situations and demands. If you can overcome all these, what awaits at the end is a bonus, extra remuneration, and faster career growth. It gives you an opportunity to stay in touch and work with the highest players in the financial world. 

How to become an investment banker?

Landing an investment banker job needs sheer determination to excel at the necessary academic and personal skills. Choosing the right online MBA course is the next step. It is important to choose a course that can offer internship, mentorship, and real-time experience while studying. While doing so, widening your network will be a bigger playoff. Both in-person and social or digital connections are counted. Getting a few years of experience, 1-2 years will definitely be an added advantage here. 

There are online courses for MBA in investment banking that give such opportunities. Courses such as MBA In Investment Banking & Equity Research by Jain University are a strong recommendation. 

To become an investment banker, most of the time spent at work will be in communication with the clients or institutions. Interpersonal skills like communication and decision-making skills are essential to being an investment banker. Technical skills and knowledge in the fields of accounting, finance, and mathematics are also necessary. A good course will cover all these departments. 

How does an online MBA course work?

These online courses like the JAIN MBA course will be through live classes, pre-recorded sessions, discussion forums, and self-study material over two years. There will be semesters and each of them concentrates on specific areas.

Students will be able to choose mentorship that is conducted over the weekends. This will help polish their skills in several areas and for getting proper guidance from the experts. There will be people who can guide you on the right professional path. Mock tests and other additional facilities are also available with these online courses. 

Conclusion

An investment banker is just a simple term used for a collection of job profiles such as Money Market Analyst, Global Finance Researcher, Financial Market Advisor, Corporate Banking Treasurer, Regulatory Reporting Analyst, etc.

best MBA online courseEach of these profiles is prospective high salaried jobs or the ones that open up better professional growth. Many of the online MBA courses have a part-time curriculum to suit professionals. SO, make use of this wonderful opportunity to boost your career on the right path. 

How big data and AI have revolutionized the world of banking and finance

Posted on by Imarticus Learning

Are you thinking about what after B. Com? Well, you can go for an online course to build new-age careers in banking and finance. The job roles in the finance and banking industry have changed a lot due to the introduction of new-age technologies. Technologies like AI and big data have given rise to new-age careers in banking and finance.

Before you start building a career in the banking and finance industry, you should know the role of new-age technologies. Read on to know five ways how AI and big data have revolutionized the banking and finance industry.

  • Risk analysis

AI and big data are used in the banking/finance industry for risk assessment. Besides providing financial services, banks must assess the risks associated with each client/customer. For example, before giving credit cards to customers, banks must analyze their loan repayment capacities. There is a plethora of customer data that needs to be analyzed for risk assessment. AI algorithms can scrap customer data from various sources and assess the risks associated with each customer. Banks are using AI to reduce human errors during risk assessment that can cost them more in the future.

  • Fraud prevention

Many criminals and money launderers target financial institutions to clean their black money. Money laundering increases the financial risks for banks and hampers their reputation. It is not possible to detect frauds in real-time with manual efforts. It is where AI comes into the picture for fraud prevention.

AI algorithms for big data analysis can identify the change in customers’ financial behavior. If anything seems off track, AI can help in identifying it in real-time. An AI-led fraud detection system can learn more about customer behaviors with time.

  • Recordkeeping

Banks are involved in financial statement preparation at frequent intervals. Human errors are bound to occur during financial statement preparation. Also, huge chunks of data are generated by banks and financial institutions.

PG Diploma in banking and finance

It is essential to store the data and analyze it for market insights. An AI-led analysis platform can not only help you with record-keeping but also with real-time analysis. AI can prepare most of the financial statements without any manual effort. The employees of financial institutions can focus on important chores, while record keeping can be done with the help of AI.

 

  • Personalized financial services

 

The banking landscape is more competitive than ever in 2021. To survive amidst the high competition, financial institutions try to launch customer-centric services. There is a need to analyze customer preferences and trends for providing personalized financial services. With big data analysis, financial institutions can know about the spending habits of customers.

Based on customer behavior, financial services can be launched. Big data analysis is also used by banks to understand the pain points of their customers. Once the pain point is known, financial service is created to solve it. A financial institution can build better relationships with its customers via big data analytics.

 

  • Enhanced compliance

 

Financial institutions must follow several regulations imposed by the respective government. Upon failing to meet the compliance standards, business continuity can be hampered. Big data analysis can help in meeting compliance goals. If you are still wondering what after B. Com, you need to go for the NMIMS online MBA offered by Imarticus Learning. 

Conclusion

The PG Program in New Age Banking offered by Imarticus is certified by NMIMS. Young enthusiasts can launch their careers in finance/banking with this PG program. The NMIMS online MBA also guarantees a maximum of 25% of salary increase for working professionals. Start your new-age banking and finance course now!

Take the right step and build the future you want with this banking and finance certification

Posted on by Imarticus Learning

Take the right step and build the future you want with this banking and finance certification

Banking and finance encompass a major portion of business processes. Companies have to invest, make payments and complete everyday operations in order to thrive, and this is where banking and finance professionals can assist. There are multiple finance and banking certification courses that teach relevant topics and include practical training for the use of modern technologies. The PGPNAB program on New-Age Banking from Imarticus Learning is one such course. It is meant for students who wish to make their mark in the financial sector. 

Why Choose a Career in Banking and Finance?

There are several career options after graduation for those who wish to become professionals in the field of banking and finance. The corporate industry is experiencing growth and therefore opportunities are increasing. Graduates can decide on a career in banking or finance for the following reasons. 

 

  • Professional Advancement

 

Every company has to deal with investments, accounts, and finances. Corporate companies have to work with banks to process their payments. Therefore, there is a demand for experts in banking and finance. As a professional in the field, there are several opportunities for consistent growth. Businesses often look for experts who can research market trends and analyze financial data to provide accurate insights related to the financial health of the companies. Candidates who can communicate well and have contacts in the industry will experience quick professional growth in these fields. Proper communication can help build partnerships and land valuable clients. 

 

  • High Salary

 

The salary packages offered by companies to finance and banking professionals are extremely lucrative. In the banking and finance sectors, potential candidates usually offer expertise in areas like research analysis, financial analysis, business analytics, and financial management. Since these jobs are extensive and require in-depth knowledge, companies tend to pay very well. Financial managers can often take commissions or set their hourly rates depending on the tasks or assets they have to manage. Professionals working with specific companies can also expect salary hikes as the business develops. 

 

  • Endless Scope

 

The world of banking and finance is evolving and there is a lot of scope for candidates who are at the start of their careers. Employees who are focused on their tasks and are quick to come up with new solutions can expect to steadily climb the corporate ladder. One can also opt for further education and complete courses that include new-age methodologies in banking and finance. Working professionals too can enroll in diploma programs to ensure career advancement. 

How Can a Degree in Banking and Finance Help? 

Completing a banking and finance online course from an institute like Imarticus Learning can help aspirants land well-paying jobs in reputable companies. The curriculum created by Imarticus Learning includes topics like quantitative finance, financial management, as well as banking, and financial economics. These help students build their expertise and learn more about how the industry functions and what they can contribute to it. Imarticus Learning’s PGP in New-Age Banking is industry orientated program and students will receive hands-on training.

Activities are organized by industry experts that require students to solve real problems. The program is monitored by experienced instructors and students can interact during the live lessons. Such interactions help them develop soft skills and build contacts. Graduates can go on to specialize in digital banks, app banks, or branchless banks.

They can also become experts in BFSI digitization. Thus a degree in banking and finance can help aspirants gain immense knowledge and become experts in their areas of interest. 

A PG diploma in banking and finance is for both recent graduates and working professionals. Imarticus Learning ensures placements and supports all students throughout the process of getting interviewed and landing a job.

Here’s how delivering personalized service over a digital platform solves traffic challenges for banks

Posted on by Imarticus Learning

Banks are experiencing a challenging time with the traffic because people are turning to digital platforms for their banking. However, banks can increase conversion rates by delivering personalized service over these digital platforms. This post will discuss how to provide personalized customer service over a digital platform so that you can improve your conversion rates and generate more revenue for your business!

The bank is providing personalized customer service over a digital platform.

This allows customers to receive information about their accounts, transfer funds, and make payments whenever they want from anywhere in the world without waiting for an agent or coming into the branch. Banks should also use chatbots as part of this strategy, as well as other AI technologies such as machine learning and natural language processing (NLP).

These can help banks meet customer needs faster by automatically routing requests to agents when necessary based on pre-defined rules using algorithms that process user data, including location, account data, history with the company, etc.

For example, if you are looking at your balance between sessions, it will be routed differently than if you send multiple messages during one session, which would indicate urgency so an agent can respond more quickly.

Another important aspect of providing personalized service over a digital platform is that customers should be able to access their accounts anytime, anywhere, which helps them avoid missing out on potential opportunities. For example, if the value of one’s investment portfolio suddenly increases, they won’t miss it because they will receive an alert instead, so they know what actions to take next.

This also goes for any fees or penalties due as well as security alerts such as suspicious activity, which may include unusual transactions etc., so banks need to ensure people are getting notified immediately about these things along with other issues via email and SMS messaging, in addition, to push notifications through chatbots and apps. They could even integrate this into Google Home or Alexa devices by having voice-activated banking so customers can do their banking in the comfort of their own home without having to be glued to a computer.

Suppose banks want to offer personalized service over a digital platform. In that case, they need to ensure that people have access no matter where they are, which includes offering support across all devices such as smartphones and tablets in addition PC’s and laptop computers along with other internet-enabled devices including smart TVs, etc., so it doesn’t matter what someone is using at any given moment because they will be able to get assistance when needed.

This means giving them an excellent customer experience that cannot just come from one channel but instead should include multiple channels working together (i.e. chatbots sending information directly into SMS messaging or voice-activated assistants like Amazon Echo), so there aren’t any gaps.

This is just the beginning of how personalized service over a digital platform can help banks increase their conversion rates and generate more revenue for their business!

Get PG diploma in banking and finance from Imarticus Learning:

Imarticus Learning offers one of the best Masters’s level banking and finance management programs that come with assured placement. This course has specialization in Banking and Finance Management and Imarticus Post Graduate in New Age Banking program. The course is a comprehensive, 24-month unique combination of two industry-endorsed Finance and Banking courses specially designed to upgrade existing careers in the booming Banking and Finance industry.

Course USPs:

  • Dual Learning with Dual Certifications
  • 25% Assured Salary Increment
  • Keep Up with New Age Banking & Finance