Banking and finance certification: Course, career and future

Are you interested in working in the banking and finance industry? If so, then you’ll need to get certified. Banking and finance certification is essential for anyone who wants to work in this field.

Significance of Banking and Finance Certification in 2022?

Banking and finance certification is not just a course but a way to enhance your career in banking and finance. The course helps you understand the financial system and how banks and financial institutions operate. It also gives you an insight into the various products and services offered by banks and financial institutions.

The banking and finance industry is constantly evolving and changing, so it is important to keep up-to-date with the latest developments. Certification shows that you are committed to your banking and finance career and have the knowledge and skills required to succeed in this ever-changing industry.

In 2022, the banking and finance industry is expected to undergo significant changes. New technologies will be introduced, new regulations will be implemented, and the industry landscape will change significantly. You will be ahead of the curve and prepared for these changes by having a certification.

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A certification in banking and finance can open up many doors for your career. It can help you get promoted, change jobs, or even start your own business. If you want to take your career in banking and finance to the next level, then certification is something to consider.

Career scope & benefits after Banking and finance certification?

Banking and finance certification opens up a world of career opportunities for students. With a banking and finance certification, students can work in various positions in the financial sector, including financial analysts, investment bankers, and financial planners.

The career scope for students with a banking and finance certification is comprehensive. There are many different types of banking and finance jobs available, and the benefits of having a banking and finance certification vary depending on the specific position. However, some common uses of banking and finance certification include earning a high salary, job security, and working in a fast-paced and exciting environment.

Scope of Banking & Finance Industry in next Decade!

The banking and finance industry will experience significant growth in the next decade. The sector is forecast to grow at a compound annual rate of 5.5% between 2018 and 2025. Several factors: will drive this growth

-The increasing global population and the resulting demand for financial services

-The rise of digital banking and mobile commerce

-The growing middle class in emerging markets

-The expansion of Islamic banking

As the industry grows, so too will the demand for qualified professionals. Those with a certification in banking and finance will be well-positioned to take advantage of these opportunities.

Growing and Learning with Imarticus Learning:

Are you looking for a job assurance program for a successful banking and finance career?

The course equips you with the domain skill sets and soft skills required for a successful career in Retail Banking, NBFCs and FinTech. This is an assured placement program where your responsibility is to upskill, complete the course successfully and earn your certification while we align you with opportunities in the industry.

Program USPs:

  • Job assurance with a 60% salary hike.
  • Get placed in entry-level roles at leading banks, NBFCs, FinTech companies, KPOs, etc.
  • In-depth understanding of how the industry functions.
  • Get a high-level overview of tax planning and personal finance planning.
  • Live facilitated instruction is proven to provide the best learning outcomes.

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

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5 Tell-Tale Signs You Need To Get A PG In Finance

5 Tell-Tale Signs You Need To Get A PG In Finance

Choosing your PG-level subject can be tricky and also a little bit risky.

With finance, you can’t go wrong. It is a promising field that ensures good career prospects and interests those well-versed with the basics of the subject.

Here are five tell-tale signs you need to get banking and finance online training.

Immense Career Growth in Finance

Almost every organisation has a finance department. Consequently, there are several employment options in the finance sector.

Moreover, you can begin from scratch and have all the possibilities to reach the top of your career in finance.

Lastly, it is among the most significant global industries. As a result, once you work in this field, your career will advance quickly, and you will get to explore the different work areas in finance.

Booming Industry of Finance

The finance industry is booming and breaking records every single day. It is expanding globally, more so in promising economies like India. It indicates that this favorable progress will last the longest.

There will be ups and downs, but the market rebounds swiftly. The finance sector is safe since it is well-regulated. It proves your job will be safe and booming even during a recession.

High Pay Cheques in Finance 

We are all aware that finance is among the highest-paying fields. You may be sure you will get a big salary and great perks. Naturally, how much money you make will rely on the firm you work for and your negotiation abilities. Still, you are already in a very strong position with a postgraduate degree in finance.

Multiple Career Options

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There are many different careers you may pursue in finance. After learning about it during the program, you can opt to pursue a profession in the subject that most interests you.

For example, you can go for your business ventures, work for a firm, or a government institution, among several other options.

In short, you have many career options in your hand after passing out with a postgraduate degree in finance. You can Always Aim for Bigger Goals.

Corporate life is all about preparing yourself for better and heftier goals. Switching from a job is not very easy in other fields, but you can quickly get great pay hikes in finance according to your experience and skills.

So, you can always aim for better job opportunities.

In addition, there is a high level of competition, and significant firms in the finance sector benefit. As a result, you will receive several job offers and offers to move to jobs with higher incomes.

Top 3 Career Paths Available to You After a PG in Finance

Below are the top 3 career paths you can embark on after completing a postgraduate course in the field.

Corporate Finance

An advanced-level finance course equips you with both financial modeling and valuation techniques.

It prepares you for job roles available in the corporate finance vertical. This career path requires analysis of financial statements and designing and selecting correct valuation models.

Investment Banking

A primary task of investment banking professionals is to guide corporates in their financial decisions. It involves them enabling corporates to source required funding and advising them when to acquire or merge with another company.

Investment bankers also guide corporates on the right time to initiate a public offering in the capital markets.

Financial Research and Consulting

It is an ideal career path for those finance professionals who enjoy doing research and offering advisory services basis their findings.

They discharge some of the most fundamental services for a company. Hence, there is a demand for financial researchers and consultants in almost all industries.

Takeaway

Now that you have made up your mind, these tell-tale signs will help you strengthen your decision regarding pursuing a postgraduate degree in finance.

A finance degree always pays back in multiple folds. You will earn much more than you invest in pursuing this degree.

This ever-growing industry has a high growth rate. So, you will land into great companies as the world’s biggest recruiters are constantly searching for fresh finance talents.

Are you still unsure?

Opt for career counseling to better understand the programme and set clear expectations.

We at Imarticus Learning provide one such platform where besides necessary education, we assist in solving all your queries regarding fintech. We start with the basics of a degree in finance to jobs and more ahead.

We even have a 24*7 chat support system and training centers in various metropolitan cities, including Mumbai, Pune, Thane, Bangalore, Chennai, Gurgaon, and Delhi. Visit us at our centers for further help.

Don’t Forget This While Planning Your Taxes

Don’t Forget This While Planning Your Taxes

Planning your taxes can be a tedious task, but it is important. If you can strategically plan your taxes, you can claim the right deductions and exemptions, which will give you a clear picture of the taxes paid during the year and the amount one can get in a refund in the ITR (income tax return) one needs to file every year.

Step 1

First, ascertain the upcoming payments, expenditures, policy renewals, etc. 

Step 2

Make a rough sheet that mentions all these expenditures and payments with approximate funds allocated to them.

Step 3

Ascertain which expenditures you can claim exemption or deduction.  A quick guide for you to understand these deductions and exemptions is as follows. 

The most famous deduction in an ITR is the 80C deduction, where one can claim a deduction in PPF (Public Provident Fund), NSC (National Saving Certificate), Life insurance or ULIP premium, ELSS (Equity linked saving scheme), Sukanya Samriddhi Yojana (SSY), Senior Citizen Savings Scheme (SCSS), Post office deposit or even a Fixed deposit with the maturity of 5 years. One can even claim exemption on the education fees of their children (but for not more than two children)

The other exemptions are as follows –

Health Insurance Premium: 

An INR 15,000 annual deduction is allowed for self, spouse, and dependent children. A further INR 15,000 is permitted for parents (maximum 40,000).

House Rent Allowance (HRA): 

If you rent an apartment, you may be eligible for this benefit. Established guidelines determine the amount deductible. Please keep in mind that the rent agreement and rent receipts must be submitted.

Individuals considering purchasing a home should consider taking out a home loan. Section 24 allows you to deduct interest payments up to Rs 150,000 per year.

Medical reimbursement: 

Medical treatment expenses of up to INR 15,000 can be claimed as a salary deduction under section 17 each year (2). Actual bills must be printed.

Disclose your sell

One should always disclose the mutual funds, shares or gold purchased or sold in the financial year and the realized gain or loss on the same, known as LTCG or STCG, which is long-term capital gain and short-term capital gain.

Having smart decisions while making these deductions and claiming the right exemptions will save a lot of taxes and get the right refund, which can be used on major expenses.

Since many people are confused about this tax terminology, there is a huge demand for tax consultants in the market, and many people choose to pursue their careers in the same field. The best courses for tax consultants or financial planners are Banking and Finance Course, Banking and Finance Online Training, and Postgraduate Program In Banking and Finance

These courses are majorly focused on two segments. 

Banking

You can learn all about retail banking Introduction to Banking, Retail Liability Products, Retail Asset Product, NRI Products, Payment Services, Branch Operations, Regulatory Environment, and Trends in Banking. 

Finance

Financial System Overview, Introduction to Investment, Securities Market Overview

Equity as an Asset Class, Investing in Fixed Income Securities, Mutual Funds, Introduction to Tax Planning, Introduction to Personal Financial Planning, Life and General Insurance Products and Positioning.

Honing soft skills becomes easy with Soft Skills Foundation and Campus to Corporate, Cardinals of Communication, Honing Communication, Curating and Perfecting Communication, Corporate and Business Etiquette, Customer Service, Business Writing, Art of Presentation, Sales and Negotiation, Group Discussion Hacks, Personal Grooming, Interview Preparation – HR.

These courses can prepare you for the job of banking professional or finance and tax consultant, which can prove to be beneficial for your career kick-start; these programs even offer career helping tools such as profile enhancement, resume builder, preparation for the interview, etc., which will enhance the opportunities in the market. 

Visit the Imarticus learning website for a proper breakdown of the components and the benefits of the course. Imarticus has numerous client centers in the north, east, west and south regions, including Lucknow, Noida, Mumbai, Delhi, Jaipur, Chennai, Bangalore, Hyderabad, and Kolkata, among other cities. They also have centers in Dubai. The chat centers are open 24×7, so you can chat on Whatsapp and even request a callback. 

Even if one doesn’t want to have a career in finance or banking, these courses help one plan their finances smarter and better. They also provide proper guidance on investment, which will help one make the right choices according to their financial status. Keeping in mind the savings and the debt ratio, one can easily bifurcate the finances and set aside the funds for saving. 

An insight into the IIM Calcutta Capital Markets certification

The world of finance is ever-evolving. With the advent of new technologies and the increasing globalization of economies, financial management has adapted to remain competitive.

A recent study shows that the global financial market will be worth $300 trillion in the next decade. This indicates how important financial management has become in our society. If you want to make a career in finance, many opportunities are available to you.

Significance of Merger and Acquisition in Financial Market?

In the modern world of finance, merger and acquisition have become a significant strategy for the growth of companies. It helps the companies expand their business by taking over other companies or merging with them. This process is also known as consolidation.

The most significant benefit of seeking a career in mergers and acquisitions is the potential for high earnings. The average salary for investment bankers is $75,000-$100,000 per year. However, top bankers can earn much more than this – some make millions of dollars per year. In addition to high salaries, many investment bankers receive bonuses worth tens or even hundreds of thousands of dollars.

Another benefit of working in M&A is that it can be a stepping stone to a senior position in a bank or financial institution.

Many M&A bankers go on to become managing directors, partners, and even CEOs.

If you are interested in working in the exciting world of M&A, then you should consider pursuing a certification in investment banking. Such certificates prepare you with the necessary skills and knowledge to succeed in this competitive field.

Why opt for Certification Courses to make a career in Investment Banking?

  • Apart from providing a comprehensive overview of markets, these courses equip participants with the necessary skills and knowledge to excel in their careers. 
  • Certification courses in investment banking offer valuable networking opportunities – something that is crucial for anyone looking to build a successful career in this competitive industry. 
  • Certification courses also allow professionals to network with leading industry experts and learn from their experience.

If you are looking for a career in finance, then the IIM Calcutta Capital Markets certification is the perfect qualification. This certification will give you an in-depth understanding of financial management and prepare you for a career in investment banking. You will learn about mergers and acquisitions, stock markets, and more. The job market for finance professionals is multiplying, so there has never been a better time to pursue a career in this field.

Step-up with Imarticus Learning:

Give a boost to your ambition of a career in investment banking with the Executive Programme in Investment Banking and Capital Markets from IIM Calcutta. Imarticus Learning helps you realize your aspirations with an IIM Calcutta program. This powerful year-long program gives students a foundational and advanced knowledge of global capital markets and investment banking.  

If you are an executive willing to fulfill your career aspirations in the finance industry, the Executive Programme in Investment Banking and Capital Services is best. 

  • The program helps you acquire practical knowledge & technical skills needed for finance jobs.
  • The program equips trainees with in-depth knowledge of investment banking and global capital markets.
  • It provides an opportunity to interact with industry leaders through capstone projects.
  • The program lets trainees learn the fundamentals of mergers and acquisitions, debt and equity capital markets, portfolio management, sales and trading, and securities regulations.

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

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.