Contact Us
×

Tag: a post graduate diploma in new age banking and finance

Simplification Is What Most Banking and Financial Institutions Need to Address Various Challenges, but How?

Posted on by Imarticus Learning

In this modern era, every person is trying to harness the power of financial services. With increasing transactions and financial services, banks are looking for simplification in day-to-day operations. Numerous challenges are threatening the banking industry currently. To address those challenges, financial institutions should have a pre-planned strategy. The new-age banking landscape is complex, and banks are looking to simplify their operations for sustainable development. Simplification helps financial institutions adapt to the evolving demands of the customers. Read on to know how banks and financial institutions can simplify their operations to address several challenges.

Challenges for banks and financial institutions

Various challenges for banks and financial institutions in the current scenario are as follows:

  • The expectations of customers from banks and financial institutions have drastically increased over the years. Customers have become more aware and demanding when it comes to financial services. To enhance customer experience, financial institutions have to cater to their needs.
  • With the introduction of FinTech, customers are looking to access financial services at their fingertips. Financial institutions have to adopt technology on a large scale to provide FinTech services.
  • Earlier, there were fewer banks and financial institutions. At present, there are many banks, loan firms, FinTech firms, and other types of financial institutions. Customers can change their bank anytime they want. Banks have to provide quality services to stay ahead amidst the high competition.
  • Many investment banks are not able to fulfil the expectations of the shareholders/investors. The pressure from investors is also a challenge faced by banks nowadays.
  • The compliance regulations have become stricter and more complex. Financial institutions have to understand the complex regulations and ensure strict compliance.
  • Large amount of data is being produced by banks and financial institutions every day. Financial institutions have to make the best use of data which is also a challenge these days.

How to achieve simplification?

A step-to-step guide for banks and financial institutions to achieve simplification is as follows:

  • Start by identifying the purpose, role and target audience of the financial institution.
  • You have to choose a direction for your financial institutions. The business architecture is decided before you begin operations. For example, a financial institution can follow a sales approach or can go for multi-brand management.
  • Determine the critical business activities for your financial institution. The activities that provide a competitive advantage to the financial institution should be completed in-house. Other activities can be outsourced to boost simplification.
  • Financial institutions need to undergo a digital transformation for capabilities that are not bound by legacy issues. You will have to adapt technology to survive in this new-age banking era.
  • You will have to create a simplification roadmap for your employees. Your employees can go for banking and finance online courses to know more about new-age practices.

Which course is best for new-age banking?

The PGP in New Age Banking offered by Imarticus Learning is the best course for young enthusiasts. You can unlock career options after graduation with this banking course. Imarticus allows you to pay a part of the course fee in starting and the remaining after getting placed. The dual banking course follows two parallel learning paths and an industry-endorsed curriculum. Young aspirants looking to build a career in the BFSI industry can go for this new-age banking course.

Conclusion

Most of the online banking courses do not offer placement support. With extensive placement support from Imarticus, you can build a successful career in the banking/finance industry. For working professionals, the banking course can help in getting a 25% hike in current salary. Start PG diploma in banking and finance now!  

How new banking strategies make managing finances easy for millennials and Gen-Z

Posted on by Imarticus Learning

Millennials and Gen-Z together share a larger segment of world demographics. With this shift, millennials and Gen-Z have become the largest driver to bring in the shift in consumer behavior and hence the technology. The financial service providers with digital setup need to undergo a transformation in order to remain up to date.

To drive the transformation, the financial institutions to come up with innovative approaches with the focus on transforming the traditional banking system. In order to be at par with the startup standards, there is a need for traditional banking systems to take up the new growth opportunities considering the consumer habits and expectations of Gen-Z and millennials. This shift in banking financial needs is going to open up new career dimensions for students.

To build a successful career in banking and finance-related services you can learn how to innovate and adapt the strategies by enrolling yourself to build a successful career in banking and finance-related services you can learn how to innovate and adapt the strategies by enrolling yourself in a postgraduate diploma in banking and finance or various certificate courses in banking and finance. Postgraduate diploma in banking and finance or various certificate courses in banking and finance.

The diploma and certification courses in banking and finance help the students to understand the market needs and learn how to strategize the solutions to the existing problems. This article will help you understand how postgraduate diploma or certificate courses in banking and finance can help you to upskill and grow with the increasing financial needs of Millennials and Gen-Z.

Consider consumer’s emotional needs as the core of transformation

An ever-increasing number of fintech is not only focusing on digitization of the regular services but also aiming to give the real experience to the customers. For this touch screen generation, having mere services is not sufficient, the entire experience is based on what is the need of the hour. With the shift in mindset, Gen-Z demonstrates a deep desire to understand the financial services and tools to manage monetary growth.

Even for high school students, managing finances has become their need and they look for multiple ways to manage their money as compared to their previous generation. The startup culture has very well understood this need and the market is flooded with many such solutions, but the most innovative ones are the most successful ones.

Adapt for a human-like approach instead of the traditional bank like approach

To cater to human needs, it’s very important for financial institutions to produce personalized consumer-friendly content. The banking programs should be designed to give a unique experience to the customers. The use of a specific language like, ‘free’, ‘relationship’ etc. in communication adds more to the offerings. Identifying the struggle points of the customers and educating them digitally using guides and tutorials has become the dire need of the fintech

Compliances should facilitate the processes instead of blocking

Gaining the trust of the customers is one of the success metrics of financial institutions. Compliances help in building the trust of the customers. The more regulated you are, the more transparent you will be and that helps in gaining the trust of the customers. For startups, building that trust is not an easy task. If the traditional banking system is merged with the startup culture and technical advancement, the manifold growth is certain.

For many of the startups, coming up with the innovative idea becomes difficult with many compliances and that can be a roadblock. Instead of taking the compliances as a blocker and losing out on the consumer-friendly content, the institutions should take the compliances as friendly and add innovative content above them.

Get on with your Online BBA Certification now to set out on one of the best career trajectories.

Posted on by Imarticus Learning

A Bachelor of Business Administration degree is intended to offer students a solid foundation in business fundamentals as well as an awareness of how they can be applied in real-world job contexts.

 A BBA degree is designed to help you prepare for real-world business administration roles and how to reach smart business inferences via empirical analysis. For example, planning how an organization works day-to-day to making adjustments strategies in the face of ongoing changes and challenges, through a comprehensive curriculum. 

Bachelor of Business Administration (BBA) programs are intended to give students a solid foundation in business courses as well as advanced courses for specialized concentrations. A BBA helps students develop managerial abilities and prepares them for employment in business administration.

Along with offline courses, many online BBA courses in India are also readily available. An Online BBA certification can also give your career the right boost! 

BBA online courses by JAIN Online The skills taught in a BBA course:

 Mathematics:

A good understanding of various sorts of analytics that involve a basic comfort with math is required for any function that concerns business.  Courses like Quantitative Methods, which focuses on advanced algebra techniques used in a business role, and Probability and Statistics, which covers topics like probability distributions, expected value, and hypothesis testing, will provide you with a solid foundation in the math required for entry-level business roles.

 Technical skills:

While broad business knowledge is crucial, so are technical skills that you will use on a daily basis in any business-related function. Skills such as Excel and PowerPoint are honed to a professional level. When it comes to entering the workforce, learning to employ decision-making skills and analytical tools will provide you a competitive advantage. 

 Communication skills:

 It is essential to have both written and vocal communication skills. A BBA student’s communication skills will be put to the test on a regular basis, and networking is what will propel them forward. Speaking with individuals cannot be limited to meetings, and connections may not come to them through a certain source. As professionals, they might have to interact with several people on a daily basis via emails, phone calls, social media, or in-person for that matter. All of this will necessitate that they have good communication skills.

 Have a fair idea about Economics:

BBA students will have economics as a subject in their BBA course curriculum, and this is a fantastic opportunity for them to build the much-needed sense of knowing the country’s economy, which controls people’s purchasing power and can have a direct impact on a company’s success or failure. As managers, they will have to determine when to launch a product or whether to launch it at all, and their understanding of the economic situation will be useful. 

BBA online courses

BBA online courses

BBA online courses What jobs can BBA graduates get?

 Many high school students before stepping into their college life wonder what jobs can a BBA graduate get? There are several sectors that require BBA graduates. A few of them have been listed below:

  1. Marketing Sector
  2. Finance Industry
  3. Real Estate Industry
  4. Management Sector
  5. Advertising Industry and many more.

 Conclusion

 A certification in BBA can open up a number of career pathways for people. If you are looking forward to an online BBA certification, there are several options available at your disposal. Choose wisely to secure a successful career. Online BBA courses in India offer you all the skills you need to possess in order to flourish in your desired field.

Common Capital Market Instruments That Are Profitable in 2021

Posted on by Imarticus Learning

Capital markets are used by individuals and businesses to trade securities and debt. Unlike the money market, a capital market deals in buying and selling long-term debt. Investment bankers have deep knowledge about the capital market to help their clients in raising capital. Several capital market entities can be traded for generating capital.

Businesses hire expert investment bankers for knowing the best capital market instrument to invest in. If the right capital market entities are traded at the right time, it can generate revenue for long-term business goals. Read on to know the top capital market instruments that are profitable in 2021.

Equities 

Equity refers to the portion of ownership that is to be traded. Selling equities to someone makes them a shareholder of the organization. An equity holder may not receive regular payments from the organization but can still generate income by selling the stocks.

When the share of an organization goes high, shareholders can exit the company by selling their stocks. Shareholders will also earn a commission from the profits made by the organization. In 2021, you can give ownership of a company to several shareholders to generate capital.

Bonds

Bonds are a type of debt securities that are issued by the government, companies, and municipalities. The bond issuer collects debt for a fixed period from investors and shareholders. Once the fixed period ends, the bond issuer has to repay the principal amount. Bonds can help companies in collecting quick revenue as investors prefer to give debt for a fixed period.

 Debentures

Debentures are also a type of debt securities that do not include any collateral. The trade of debentures is done based on mutual trust as there is no collateral. Investors that are buying debentures from an issuing company also act as creditors of the company.

Derivatives 

capital market courses in IndiaUnderlying assets are used to find the value of financial instruments. Such instruments are called derivatives. The underlying asset that is used to calculate the value of derivatives can be bonds, stocks, or currency.

There are four types of derivatives that are forward, future, options, and interest rate swap. To know more about the four types of derivatives, you can go for capital market courses in India.

Exchange-traded funds 

Many investors come together to create a pool of financial resources. Those resources are then used to buy capital market entities like shares, bonds, and derivatives. Exchange-traded funds are traded in the stock market and have features of both shares and mutual funds. Investors who have limited knowledge about the capital market can benefit from exchange-traded funds.

 Foreign exchange entities 

 You can trade several capital market entities that are represented on a foreign market. Currency agreements and derivates are the common types of foreign exchange entities used by companies in 2021.

How to learn more about the capital market? 

You can go for banking and finance online courses that follow an industry-oriented approach. Imarticus Learning is a well-known EdTech platform that can provide new-age investment banking courses.

The Certified Investment Banking Operations Professional course provided by Imarticus will cover many concepts of the capital market. It will offer tech-enabled learning to keep track of your course.

The investment banking course comes with a placement assurance and, you can kickstart your career in the industry. At the end of the online course, you will receive a certification from the London Stock Exchange which is globally recognized.

trade life cycleConclusion 

Businesses need capital market experts to generate revenue for long-term business objectives. With an online course, you can learn about the trade life cycle in the capital market and can earn a lucrative job offer. Start learning more about capital market instruments today!