Contact Us
×

Tag: Banking and Finance Course after graduation

Banking and Finance courses after graduation: Banking on identity

Posted on by Imarticus Learning

The global banking and finance industry is constantly in flux. With the advent of new technologies, innovations, and financial products, it’s always essential for employees to be up-to-date on the latest learnings.  Students are often confused about what to do after B.com. So, here we are. Read on to learn why completing a banking and finance course after graduation benefits you!

Why should you take a banking and finance course after graduation?

Looking at the job market, you will notice a massive demand for finance professionals. It means good opportunities and a high salary to those with an accounting or business degree. However, it can be overwhelming to see so many options available in this field once you are out of college. 

The best decisions you can take are a banking and finance course after graduation. It will help you focus your job search and give you an idea of what area you want to pursue. The classes usually cover a wide range of personal finance, risk management, investment banking, accounting, and auditing.

The skills that will be beneficial in this field

After completing your education in Banking and Finance, you will probably want to take up a job at one of the many financial institutions that are out there. While each industry has its own set of necessary skills for employees, you must have some basic knowledge about banking before even applying for work. Knowing what specific terms mean can help ensure that you get a better position quickly.

In reality, the banking industry is all about trusting people and verifying that they are trustworthy in return. For this reason, it’s not surprising to find out that many employees in finance will need:

  • Self-Control: You will be working with other individuals throughout your career, and sometimes you will have to negotiate. 
  • Discipline: This is related to the first skill but is more about adhering to company policies and procedures.
  • Attention To Detail: To work with numbers and financial reports accurately, you must pay attention to the details. It also includes proper grammar and spelling when creating documents or communications.
  • Critical Thinking: You need to be able to see the big picture when it comes to financial planning, but you also have to break down complex problems into smaller pieces so you can solve them.
  • Mathematics: This is a given, but you must have up-to-date knowledge of financial mathematics so you can work with the latest software and systems.
  • Interpersonal Skills: As mentioned earlier, finance is all about trust. You will need to build relationships with co-workers, clients, and other individuals to be successful.
  • Problem Solving: In many cases, finance is all about solving problems. It could be as easy as finding a way to save money on a project or developing a new investment strategy.

Discover Post Graduate Diploma In Banking And Finance with Imarticus Learning

The Post Graduate Diploma In Banking And Finance with NMIMS Global Access is a 24-month unique combination of Finance and Banking courses designed to upgrade existing careers in the booming Banking and Finance industry.

Course Benefit For Learner:

  • This Banking and Finance Management program is suitable for individuals wishing to advance their BFSI professions.
  • Our distinctive approach to professional education redefines students’ industry knowledge and successfully enhances their vocational talents throughout the learning journey.
  • Impress employers & showcase skills with banking and finance courses with placement assurance recognized by India’s prestigious academic collaborations.

Feasibility of cryptocurrency regulation in India and its impact on the banking and finance sector

Posted on by Imarticus Learning

Gone are the days when people didn’t understand the concept of digital currencies. At present, the cryptocurrency market is growing continuously at a rapid pace. The Indian cryptocurrency market is also growing rapidly even though there is a need for a proper regulatory framework. Studies have proved that the Indian cryptocurrency market is the second largest in Asia. India is among the top ten nations in the world that have a huge market for cryptocurrency. 

Many cryptocurrency platforms in India allow users to trade. There is a separate rule for banks and financial institutions in India regarding cryptocurrency services. Financial institutions in India must follow the regulations to avoid any legal hassles. Many firms in India require cryptocurrency services for trade finance and foreign investments.

trade financeFinancial institutions should refer to the cryptocurrency regulation in India before indulging in crypto-aided trade finance or investments. Read on to know the impact of cryptocurrency regulation in India on the banking and finance sector. 

Overview of the crypto industry in India 

India never had a well-drafted regulatory framework for crypto trading and services. Since there was no regulatory framework, Indian firms engaged in crypto trading actively. However, it all came to a halt in 2018. In 2018, RBI (Reserve Bank of India) released a circular that restricted Indian banks to provide services to crypto firms in India. This circular quickly grabbed headlines and was a headache for crypto firms in India. 

Most of the crypto firms in India shifted to foreign countries in 2018 as none of the banks will provide the services as per RBI. Some crypto firms continued to operate in India after the circular by using the peer-to-peer settlement method. Many banks that overlooked the order of RBI received notice letters in 2018 for providing services to crypto firms. Even after many crypto firms shifted to foreign countries, there were many left in India. The decision of the RBI was challenged in the supreme court of India by the concerned industry. 

In March 2002, the supreme court said that RBI’s decision of barring banks to provide services to crypto companies is not logical. The supreme court believed there were no negative effects of cryptocurrency on the Indian economy and native currency. Since RBI could not show the negative effect of cryptocurrency, its decision was overturned by the supreme court.

Current scenario of cryptocurrency regulation in India

 After the supreme court lifted the ban on banks in providing services to crypto firms, RBI spoke on the matter on the 25th of January 2021. It said that it was exploring whether cryptocurrency is of any use when native currency is in place. It is believed that the government may pass a bill in the parliament soon for the regulation of cryptocurrency in India. Many reports say that the Indian government plans on banning cryptocurrency in India. Inside reports say that the government will replace cryptocurrency with CBDC (Central Bank-backed Digital Currency).

In all cases, the digital currency will likely remain in India, even if in some other form. Banks and financial institutions should engage in crypto transactions carefully as there are no clear instructions from RBI and the government. A banking and finance course after graduation can help in knowing more about the regulatory framework. 

How to know more about new-age banking?

Imarticus offers a banking and finance course after graduation for young aspirants. Its PGP in New Age Banking is perfect for working professionals.

Imarticus offers the finance course with placement support to help young individuals kick start their careers. NMIMS is also the certifying body of the new-age banking course. Start your finance course with placement now!

The Vast Scope of Cryptocurrencies Beyond Bitcoin

Posted on by Imarticus Learning

Cryptocurrency is becoming a global phenomenon, although there is vast unexplored potential. There are thousands of cryptocurrencies that exist, but most of us only know about Bitcoin. 

While Bitcoin has out-performed many other cryptos, but others are safer to invest and learn from. This post gives you an idea of how cryptocurrency is more than Bitcoin and changing the landscape of Fintech and other industries.

Crypto and Bitcoin:

Cryptocurrencies have existed since the 1980s, but most people learned about them after the advent of Bitcoin. Founded in 2008, Bitcoin has taken us on a roller coaster ride of epic proportions and created many “new rich” since its inception.

While only a few know where Bitcoin in the future, some experts believe that Bitcoin may acquire value in the coming years, but it’s doomed to fail. This prediction calls for learning related to Bitcoin, the other types of cryptocurrency, and how they revolutionize various industries.

Some Ways Blockchain is Revolutionizing FinTech

Blockchain technology is best known as technology fortifying cryptocurrency. Bitcoin, Ethereum, and other 4000 cryptocurrencies operate via blockchain, making it one of the most vital innovations in finance. Here are four ways blockchain is revolutionizing fintech.

Creation of digital ledger 

Through time-stamping every transaction and chronological recording, blockchain digitally logs the life cycle of money as it flows. This is important to the banking and accounting industries, as it improves the efficiency of record-keeping, reduces the amount of time and costs involved in manual ledger-keeping.

Protection against fraud

Being decentralized, no one has control of blockchain and can’t be altered. This means a blockchain can log a complete, unchangeable financial record of every transaction, offering huge protection from fraud. Blockchain provides more accountability and eliminates chances of scams.

Removal of third parties

Due to heightened security errors, third parties are impossible in a blockchain because of a decentralized network. Transactions on a blockchain are automatically validated, and you get rid of every layer and pay for what matters.

Democratize money management

The most strategic use of blockchain in fintech has been cryptocurrencies, which allow holding money without a bank. The digital wallets have a private key needed to send and spend crypto and a public address to receive payments. No bank is holding the money!

Blockchain, Cryptocurrencies, and MBA programs

The cryptocurrency craze has brought around many Fintech courses, ranging from blockchain and crowdfunding to peer-to-peer lending and Robo-wealth-managers. Among the popular demand is, of course, blockchain at the top of must-learn lists.

Fintech courseIf you’re a FinTech enthusiast, you don’t want to be caught napping while competitors gain an edge through up-skilling. To be a professional, well-versed in fintech, you need to look for banking and finance courses after graduation, courses related to Trade finance or Financial Accounting that enhance your knowledge of Blockchain. 

MBA online education and online courses in blockchain tech and cryptocurrencies can boost your knowledge on the subject.

Imarticus offers MBA online education with course frameworks with in-depth learning on subjects like Financial Accounting, Trade finance, Blockchain, and cryptocurrency. Industry experts design the programs to gain better business insights, communication skills, domain expertise, and management skills.

If you’re looking for a banking and finance course after graduation, with an aim to land in the Fintech industry, Imarticus has excellent offers. To learn more about Financial Accounting, Trade finance, and Blockchain courses, go through their course catalog today!

Related Aticle:

https://imarticus.org/want-to-start-a-fintech-career-heres-your-ultimate-guide/

What’s Next In Banking And Finance? All About New-Age Banking!

Posted on by Imarticus Learning

Banking and transactions have changed a lot since financial institutions started adopting modern technology instead of sticking to their traditional ways. That is why it is imperative to pursue a banking and finance course after graduation for commerce aspirants. This not only introduces you to the world of banking and finance but also prepares you to make a mark. Read on to know about new-age banking…

Effectiveness of banking 

As of today, three approaches are helping financial actions work even more smoothly and efficiently. 

Adaptive analytics: This method uses algorithms to calculate live market data which is used by multiple banks for analyzing investments and patterns. 

Predictive analytics: This process uses artificial intelligence (AI) and machine learning (ML) for analyzing data and predicting future results. This helps with creating budgets and assists in making financial plans.

Data visualization: It involves sorting, arranging, and representing data in multiple visual formats to derive necessary insights. This method of representing data assists in predicting patterns as well as data trends. Data visualizations help with the much-needed insights into risk management and unearth risk possibilities. This process is involved with mapping the performances of products and portfolios. 

New Age Banking Certification CoursesTechnology is shaping the future of banking and finance

 Here are some of the core technologies that are helping banking and financial institutions get more advanced with each passing year.

To learn about these different implementations of technology in the banking sector, a good banking course with placement helps learn more about the domain before you join it. 

Blockchain 

Blockchain is the term given to a type of distributed ledger technology that contains data in blocks. This is a form of distributed database which no single individual or entity has control over. Many users can access this data at the same time which ensures the security of records. And, this also makes sure that the data is not manipulated.

Automation of data processing

Automating data analytics and data processing makes storing and using unstructured data much more efficient. This also helps in processing massive amounts of data rapidly to satisfy the huge inflow of information received by banks. 

 Use of artificial intelligence

AI is helping banks with analytics, investments, back-office work, predictions about products or users, and many other functions like enhancing the user experience. 

Using instant transactions and payments

With the help of technology, more secure, reliable, and faster methods of transferring money or making transactions are being used by banks which have started saving us a lot of time. And, this will only get faster and efficient from here on. 

In order to learn more about these technologies, a well-reputed banking and finance course after graduation like Imarticus Learning programs is a great option. Notably, a banking course with placement will teach you in detail about the new-age banking systems.

By and large, banking and fintech corporations have all started getting involved in research and development to gain more accurate insights into financial analysis. Increased focus on technology is also due to the need to meet security and integrity requirements of the modern age with financial-hacking gaining momentum.

This focus on improving technology and upgrading financial solutions has provided customers with a faster and better user experience. Also, this demand for efficiency and speed is making banking and transactions more effective and fast. Drop us a comment below if you want to share your opinion with us!