New Age Banking: Sustainable Finance Gathers Momentum!

Banking is not the same as it was before 2008. If you are pursuing a banking career, you need to be accustomed to how new age banking works. When we are talking about new-age banking, inevitably the concept of sustainable finance comes into the picture.

post graduate diploma in banking and financeA post-graduate diploma in new-age banking and finance or at least a certificate course in banking and finance from a reputable institution should give you the edge to make you the right candidate in the era of new-age banking.

The infamous 2008 financial crisis along with various setbacks in the banking sector put a major dent in trust. Reliability in the banking industry was completely shaken and an overall change and restructuring became inevitable.

More people were looking for alternate financial solutions. Since then, along with traditional banking, the investment finance sector started investing towards environmental causes like clean energy projects. Moreover, they focused on alternative business models that benefited the local economy.

With the growth of mistrust towards traditional banking, consumers wanted a reform subjected to more ethical and responsible banking. With demand, transparency, diversification, and sustainability have become the heart of new-age banking. Many new banking institutes originated from this demand, with these three core values rooted in their operational framework.

As part of value-driven meaningful investments, new-age investors are looking for comprehensive reporting services with the hope of more transparency. Attitude has shifted from earning money to gaining people and their trust. The current generation believes financial services business has more to offer towards the world’s biggest issues. As a result, causes like climate change, clean energy, education, and community development started to gain capital, unlike the traditional banking era.

Profit, people, and the planet are equally prioritized by new-age banking systems. They channel investors’ money towards creating cultural values and benefiting people and the planet in exchange for a consistent positive return.

Investors are keen to see the evidence of responsible utilization of their funds. With this philanthropic utilization of capital, the term “impact investing” is becoming more relevant. Capital management strategies are based on diversification, transparency, sustainability, and keeping a social conscience for every investment made.

Currently, there are three main drivers of impact investing. And, these include the ability to quantify the social and environmental impact, change in stakeholders’ mindset, and better risk-reward ratio on the invested funds.

The financial return is understandably still the main focal point of the banking industry. All investors prioritize a risk-weighted return and sustainable banking moderates a lot of risks traditionally sneaking from unethical actions and decision making.

Notably, sustainable banking demands and offers transparent quantitative reporting data on every investment. With multiple reporting standards in place, creating and measuring objective data become a priority. Providing evidence of responsible business activities becomes fundamental to establish and maintain fruitful commercial relationships.

Enhanced governance is the driving force to sustainable banking. Previously, when unethical banking made headlines for all wrong reasons, the call for ethical banking became louder than ever. Consequently, ethical financial decision-making becomes institutionalized. Integrated reporting, strict regulatory supervision, and restrictive listing were implemented to increase the bank’s accountability.

New-age banking employed the necessary mechanism of traditional banking and combined new-age reform and approaches. These changes brought in by sustainable finance through new-age banking are slowly recovering the lost confidence in the banking industry and gradually reconstructing trust in financial services. Besides, momentum in sustainable banking has gathered pace since 2013 and is likely to continue.

PG diploma in new age banking and financeAs a banking profession aspirant, you may want to build your career towards new-age banking and wish to opt for a tailor-made post-graduate diploma in new-age banking and finance. Alternatively, you can also go for a certificate course in banking and finance.

Job Skill Readiness in Today’s Market: Banking and Finance

The banking and finance sector, as a career choice, can be very rewarding. Hence, this field is competitive. This sector comes with a plethora of career opportunities.

Hence, while looking for career options after a banking course, you might want to take a specialized certificate course in banking and finance or a PG diploma in banking and finance. But what are the skills that will make you a standout candidate and boost your career options after a banking course? Let’s discuss.

●    Analytical Skill

To identify trends, patterns and find out definitive conclusions from the data you’re dealing with, you’ll need profound analytical skills. You need to know what and why you are looking at the given data set and also how to draw a conclusion out of it.

●    Accounting knowledge

Your role may not be that of an accountant, but the knowledge to understand accounting transactions and applicable accounting regulations will be important. In order to provide financial advice, you’ll need to frequently and comfortably discuss financial statements.

●    Technical Skill

The majority of decision-making is nowadays based on data analysis. Therefore, to create and understand the data, to discuss with other stakeholders, to find any information, and basically to perform most of the day-to-day activities, you’ll need to be tech-savvy.

●    Numeracy skill

Some employers ask for a numerate degree such as mathematics, statistics, or economics. Even if your role may not directly need this skill, in a sector that is all about numbers, it’s a handy skill to have.

●    Market awareness

Your ability to anticipate financial trends and upcoming business development can make you a stand-out banker. After all, based on these predictions, the bank either decides to expand or protect a particular area. Moreover, when you are working with a client from a different industry, it’s mandatory to know everything about the risk, potential change factors, and climate of that industry.

●    Attention to detail

Especially in the banking and finance sector, attention to detail is a must-have skill. This could be to notice a trend or while preparing a complex report and, most importantly, to avoid simple mistakes. In this sector, the simplest of mistakes could cost billions of dollars to the organization.

●    Communication skills

Communication is a key skill. In banking and finance, you’ll need to both listen and explain. While understanding and explaining work to a client with non-financial background, or while professionally writing or presenting work to higher management, the way you communicate will leave a big impact.

●    Work Ethic

This sector is not for the lazy. Especially in the first few years, your working hours will be brutally stretched. If you don’t possess an unremitting work ethic and extreme hunger to progress, this career may not be right for you.

●    Stress management

Stretched working hours, high pressure, and high expectations bring a lot of stress. In order to become successful or even survive, you should have a higher tolerance for stress.

●    Organization and time management

Even with proper organization and time management, because of extreme work pressure, professionals need to work for longer. Extreme work pressure makes this skill absolutely essential in this sector.

Life in the banking and finance domain is not for everyone. Though the rewards are good, you need to sacrifice a lot to reach there. However, it remains a great career option and you can get a rewarding post after a banking course from reputed institutions. A certificate course in banking and finance and also a PG diploma in banking and finance can help you explore a number of career options after a banking course.

How To Become Data Analyst After 12th?

Data science, especially data analytics, is becoming the most desired job in the world with time. With multiple job positions and abundant opportunities, it is only wise to opt for data science courses after 12th or graduation. Students aspiring to be data analysts need to have a clear picture of how to become a data analyst and what data scientists do.

The first thing that an aspirant needs to know is that data analytics is a subset of data science, and hence knowing what is data science is paramount to learning what data analytics is.

Why a career in data analytics?

 

As data is becoming the most essential commodity to organizations worldwide, it is only wise to opt for a data science course in India. There are many benefits of data science courses and the most important one is that you can start a career in data analytics.

Business analytics courses will also boost the knowledge of a candidate in data analytics as it will help in understanding the domain better. Before understanding the requirements let us list the benefits of a job in analytics:

  • There are many job opportunities in the domain. Thousands of vacant positions are only waiting to be filled by qualified candidates
  • The salary of a data analyst is even higher than that of an IT professional
  • There are different domains within data analytics that can be a great option for career and salary growth
  • A challenging and stimulating work environment with a great work-life balance
  • An elite lifestyle

What are the requirements to become a data analyst?

You can opt for data science courses after 12th for UG. But, there are further options to start a data science course in India even after UG at PG or doctorate levels. You can also opt for certifications and diploma courses after the 12th.

At the postgraduate level, you can opt for a specialization in computer management and computer science to start your analytics career.

For pursuing a postgraduate program, a bachelor’s degree with a minimum of 50% marks is required, preferably in computer science or data science and from a recognized university.

Apart from educational qualifications, several soft skills like analytical and numerical skills are important for pursuing a career in data analytics. Further, a deep and thorough understanding of computer software and programming languages including querying languages (like Hive, SQL, and Pig), scripting languages (including Python and Matlab), statistical languages (such as R, SPSS, and SAS), and Excel is a must.

Besides, data analysts must possess problem-solving and interpretive skills to explain and present the process of data analysis and its results to decision-makers.

A data analytics course can help a student after 12th to bag high-paying jobs like data scientist, data engineer, database administrator, data analyst, and data architect. If you want to expand your job horizon, then you can even choose to do business analytics courses to end up in even higher positions with better commissions.

Credit Underwriting Standards: A Challenge for Smaller Banks!

The main revenue for a bank always comes from the money they lend to different borrowers. The interest obtained on that lent money generates revenue for them. Now, this lending process exposes a bank to risks.

In this article, we will discuss various aspects of credit underwriting standards and the importance of a credit analyst course or a PG diploma in banking and finance.

What are Credit Underwriting Standards?

Underwriting standards are a set of guidelines defined by banks or lending institutes, to determine if a loan applicant is qualified for the loan or credit. Credit underwriting standards determine the loan amount, loan terms and tenures, rate of interest, etc. This credit underwriting standard works as a risk management process that helps minimize the risk factor from the lent loan.

Key factors of Credit Underwriting

There are some basic points a bank should consider before granting the loan.

  • A common problem faced by credit approvers is that they often don’t get sufficient financial information from the applicant.
  • An efficient cash-flow projection report can be prepared with enough historical data, balance sheet statements, and a financial analysis system. However, appropriate information needs to be obtained from borrowers regarding expected trends, upcoming capital structure and incorporated in cash-flow modeling for better prediction.
  • Rating models can be efficiently predictive and render an effective early caution against credit deterioration only when the data fed to them are quality data.
  • When the process is more manual and duplicate data is kept in multiple systems, it causes an increase in “time to cash”. The key factors that contribute to “time to cash” are the market environment, the efficiency of decision-makers, and system infrastructure.
  • To understand the key performance indicators and meet the audit requirements, extracting the right data is essential. Also, a user-friendly way of capturing data and a strict well-defined process is essential to make sure the data is correctly apprehended and managed.
  • Understanding the business model sustainability of the borrower is important. The borrower should have better alignment between business strategy and financially reliable sectors to recover the losses when one sector is underperforming.

Challenge for Smaller Banks

When it comes to smaller banks, they face few challenges while maintaining credit underwriting standards, which either cause problems for them in the present or might create in the future.

  • Major small banks face significant challenges in terms of their ability to produce, manage and maintain sufficient data. This is a clear indication that small banks suffer due to a lack of IT infrastructure and strong risk governance policies.
  • Another key trend among smaller banks is that because of the extremely competitive market, the interest rates that banks offer on loans are not calculated based on the underlying credit risk of those loans, but rather they are more intended towards capturing the market. This lack of risk-based pricing may cause a future inability to recover the money lent.
  • The banks are launching new products, offers, expanding themselves into new markets, re-adjusting risk strategies because of intense market competition. There was a drop in average lending margins which basically reduced the overall profit margin for a bank.

Conclusion

Credit risk management comes with various challenges. Proper analysis of quantitative and qualitative data, decision-making ability, and mutual relationships can help to reduce the risk and only a properly trained professional can do that.

When you are looking for a career in the banking sector, deep knowledge of credit underwriting standards is essential.

Credit risk underwriting courseA credit analyst course or PG diploma in banking and finance may help you to achieve that. Credit Risk and Underwriting Prodegree In Collaboration with Moody’s Analytics is such a tailor-made course for you.

The Fate of Crypto Hedge Funds: Observations and Predictions for 2021

In 2021 over half of crypto hedge funds will go belly up. Around 20% percent that is still in business by this time next year won’t last much longer, though, so investors must be proactive and cautious when evaluating the viability of a fund before investing their hard-earned money into one. On average, these new ventures tend not to survive more than five years on account of competing against traditional investment opportunities with lower risk profiles such as stocks and bonds.

They also have difficulty attracting talented programmers due to lackluster paycheques compared to other lucrative professions like software engineering or data science, which offer better compensation packages alongside flexible work schedules often lacking among those interested in joining cryptocurrency development teams.

best Fintech courses in IndiaIn this article, we’ll discuss how to get into a career in FinTech and take an overview of some great online classes for those looking to sharpen their skills at one of today’s hottest industries!

Cryptocurrency Course

The cryptocurrency course will change the way you think about money. Imagine being able to decide how much of your paycheck goes into stocks, bonds, and other investments!

Or what if people got paid based on their contributions instead of hourly wages? How would that affect the American economy? These are just a few examples; start exploring for yourself with this dynamic class today.

To get a deep understanding of cryptocurrency, you should pursue an MBA in FinTech. There are many institutes available to provide online courses on different facets of cryptocurrency. Imarticus Learning is among those schools, and you can find out more about its course offerings by visiting the website now.

Who can do a cryptocurrency course?

Many people want to get their hands on cryptocurrencies, and they don’t know where to start. There is an online course called “Cryptocurrency Investment Course” that teaches you how it all works. It’s the best place for beginners because it teaches you about Bitcoin and Ethereum, Litecoin, Ripple (XRP), NEO (NEO) as well!

Can I do Cryptocurrency Course after Graduation?

Yes, you can!

Imarticus Learning got just the courses for all your crypto learning needs. Whether you’re a beginner or an expert trader with years of experience under your belt – we have something to offer everyone.

Cryptocurrency is an emerging field where knowledge can be a commodity. To keep up with this rapidly-changing industry, you need to stay on top of the latest trends and developments in cryptocurrency by taking courses like Cryptography Fundamentals or Bitcoin for Beginners online today!

Conclusion:

As the cryptocurrency market continues its volatile trend, more and more investors are looking for investment vehicles that offer stability. While many crypto hedge funds have been launched in recent years to address this issue, few remain standing today. In 2021, it is likely only a handful of these will still be around (though there may be some new ones).

If you want to make your career in cryptocurrency you can pursue our best online MBA courses in FinTech, and we hope you feel more prepared to decide on your education. If you are still undecided, please take advantage of our free consultation to start exploring what it is that will work best for you. Please Enquire Now.

Is Embedded Finance the Next Evolution in Fintech?

What is Embedded Finance?

 Over the decade banking services like lending, payments, remittance have shifted from being under the sole purview of banks to non-bank service providers. The various financial services have come to be embedded within the software and applications of the non-bank providers streamlining both customer and business enterprise experience. Embedded finance or embedded banking, as is popularly termed, is the future of Finance Technology (abbreviated Fintech).

It is essentially the merging of a non-financial service provider, for example, a telco or local SaaS business, with a financial service provider.

best Fintech courses in IndiaWith embedded finance reshaping and creating new roles for technology companies in the financial world, a career in Fintech will prove to be highly rewarding in the coming years.

For this, it is imperative to know what is a Fintech professional and the best Fintech courses in India that one can opt for.

Role of Embedded Finance in the Industry

With the world increasingly adapting to the digital revolution, businesses, both local and international, are looking forward to expanding their horizons to provide banking services ranging from providing loans, cashless payments, credits, debit cards, and e-wallets. Earlier businesses had to create a Fintech arm within the company costing a fortune to oversee the financial operations.

However, with embedded finance infrastructure, this disadvantage has been overridden resulting in almost double the normal profit. And with the disappearance of third-party banks, the process becomes smoother for the consumer. It lures the customer with its easy transaction process thus monetizing him/her and expanding the business.

Apart from integrated payments, the other high point of embedded finance is the ease of accessing in-app credit programs and loans, enabling the customer to complete a purchase without leaving the app and converting it into an EMI at the checkout point as is seen with Amazon.

Embedded card payment involves the creation of the company’s own cash card in exchange for a white label debit card. The cash card is linked to the user’s bank account giving him direct access to his user balance. This can be arranged by the company at a small interchange fee with the partner bank.

Embedded insurance is also being integrated into the buying experience of customers to seamlessly complete the procedure of insuring a car or home or other such purchases without the inclusion of a third-party insurance company. This is not only cost-effective but also saves a lot of time and pain on the part of customers as demonstrated by major automobile companies.

Embedded banking has taken a step forward in the evolution of the Fintech industry by taking investment into its territory. Investment has always been a tricky affair for the common man. With API-based brokerage firms leading the way for embedded investments, it is no longer a faraway dream. Platforms have integrated stock market investing by building microservices beginning with opening an account and ending with trading and market data.

The Way Forward

Fintech Infrastructure stands upon three pillars – digital platforms, financial institutions, and embedded finance infrastructure companies. To make each of these pillars functional data science, AI, cloud management, and blockchain development work together. To understand what is a Fintech professional’s role and how to make a career in Fintech, you can check out the professional Fintech certificate course.

It is best to start young if you are looking forward to making a career out of Fintech and especially embedded finance. One can choose from some of the best Fintech courses in India and opt for a subject of his/her choice. An undergraduate course in finance, economics, engineering, commerce, or management followed by post-graduation in the specific field can open avenues for youngsters and aid them in building a lucrative career in Fintech.

How Small Finance Banks Are Paving A Path To New Age Banking in 2021?

The year 2021 is mid-way, and the digitalization of banking is the reality. The new generation of banks is not restricted to bricks-and-mortar but can be accessed online on mobile apps. Small finance banks have been able to make their mark in this world with innovative products and services that cater to all segments of society.

The banking industry is undergoing a significant shift. Changes in technology, customer preferences, and regulatory changes drive the need for small finance banks to invest heavily into new-age banking solutions. Small finance banks have emerged as an alternative to traditional large-scale financial institutions in India and other emerging economies with low economic development.

 

Some Fintech and Banking Trends that can help Small Finance Banks in 2021:

Digitalization

Most employees rely on digital means to accomplish tasks assigned. Organizations must-have digital tools in place to access the files. When physical documents are converted into digital format, maintaining a high level of accuracy is essential. Any compromise on data integrity can hamper data. When taken into account, all this means small finance banks must keep documents and files safe within a secure infrastructure to make them available through easy-to-use web-based API tools.

Banking partnerships

The pandemic has been challenging for everyone. Financial organizations have suffered equally. This has brought together a bunch of traditional financial institutions together as fintech start-ups. The goal is to remain competitive & roll out new services successfully. This way, fintech developers will play a pivotal role in helping small finance banks to benefit quickly.

Artificial Intelligence

As far as small finance banks are concerned, vast implementation of AI has been witnessed. Banks must incorporate AI in every operation. By virtue of AI, operational expenses can reduce drastically over the years. AI outlines its role in the form of chatbots. Addressing consumer queries, fraud prevalent tools to verify the authenticity of KYC documents, & other advanced functionalities are now easier than ever before. AI gives the way to improve accuracy & personalization.

E-commerce

The past few years have seen massive reliance on the e-commerce sector. It is possible that upcoming years would see phenomenal growth in e-commerce. Despite the pandemic, people are considering online shopping as an alternative. It is an opportunity & advantage for banks as many transactions happen online, generating income for them.

Digital banking

With digital banking, people are now accessing a wide range of personal financial information & executing essential tasks. Advancements need to be made in AI, biometrics, open banking, & cybersecurity. Thus, small finance banks must anticipate more people welcoming digital banking in 2021.

best fintech courses in IndiaWith the above-stated facts, the Career options after the banking course are immense. A Certificate course in banking and finance can help aspirants build a career in Fintech.

Learn and Grow with Imarticus Learning:

Imarticus Learning offers many programs that prepare students for banking and finance management with assured placement. The Postgraduate diploma in New-age banking and finance is a program with a unique curriculum and parallel learning path. Ideal for professionals looking to upgrade their career in BFSI, the exceptional approach of this program redefines industry knowledge & effectively compounds occupational abilities.

The certificate course in banking and finance includes an overview of financial accounting, strategic management, business law, marketing, communications, information systems, HR & much more. Enrol today to build a successful career in Fintech and banking!

For further details on business analytics courses in India, contact us through the Live Chat Support system or visit our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Hyderabad, Delhi, Gurgaon, and Ahmedabad.

Marketing Management: How is it Applicable in New Age Banking and Finance?

New-age banking and finance is a new way of doing business that has emerged with the advent of the internet. New-age banking and finance are about providing loans or deposits and partnering with merchants to bring them through marketing activities.

Marketing Management course can be used in finance because it provides an integrated approach towards all aspects of marketing, such as generating leads by identifying target markets and segmenting them based on customer needs; developing strategies to promote products or services; creating awareness about product/service; executing promotional campaigns for visibility.

How is marketing management applicable in New Age Banking and Finance?

The new-age banking system considers all factors contributing to the development of the banking sector-whether political, economic, or social. In this context, marketing management is one key factor that can help banks design and implement their strategies to capture more market share from other players. The marketing strategy also includes customer relationship management (CRM), which allows you to understand your customers’ needs and serve them better with relevant offers.

Financial services marketing strategies for banks and financial institutions:

Customer Outreach

Customer outreach is one of the traditional marketing strategies for banks & financial institutions to adopt & it’s most effective. Customer outreach is simply the concept of reaching out to customers to fill existing needs surrounding education, awareness, and help. Customer Outreach works to build awareness, customer loyalty, and interest in products and services.

Self-Service and Digitization

Millennials & Generation Z often do everything themselves. Setting up & promoting digitized financial products & customer service/experience portals enable customers to sign up for services online, change products and services online, and view information without entering a branch. This is an effective & growing trend for financial organizations.

Social Media

Smart & consistent social media platforms are a valuable financial marketing strategy that cannot be ignored. Millennials & Generation Z use social media platforms to connect with brands, learn from peers, and follow current events and news. A steady presence on websites offers value to followers, builds brand trust, creates marketing opportunities, & grows the customer base.

Automation and Big Data

Most financial organizations carry bulk data, and before they know what to do with it, it rapidly changes. Customer experience platforms & automation tools make data utilization easier & apply it to the marketing strategy for financial services.

Digital Storytelling

Storytelling is one of the most effective marketing mediums, whether on social media, video, ads, or cross-channel platforms. All you need to do is encompass your marketing strategy telling a story that captures interest & evokes interest, excites, and moves your target group.

Grow with a Degree at Imarticus Learning:

Imarticus Learning offers masters-level banking and finance management program with assured placement to match up with the competition.

New age careers in banking and finance coursesThe program is for fresher graduates as well as professionals who want to explore new opportunities through learning.

The Post Graduate in New Age Banking is a comprehensive, 24-month unique combination of two industry-endorsed New Age Banking & Finance Management programs designed to upgrade existing careers in the Finance industry.

The programs have unique curriculums and parallel learning paths that make it ideal for professionals looking to upgrade their BFSI careers. The exceptional approach to professional education redefines industry knowledge & effectively compounds occupational abilities.

The course includes an overview of management with credits on management theories in Strategic Management, Financial Accounting, Business Law, Marketing, Communications, Information Systems, HR & more.

For further details on business analytics courses in India, contact us through the Live Chat Support system or visit our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Hyderabad, Delhi, Gurgaon, and Ahmedabad.

Understand the Capital Market in India and its Latest Trends!

India is one of the fastest-growing economies. With the Indian capital market being one of the largest in the world, it has led to an Investment banking career becoming one of the most lucrative and competitive professions in India today. Investment bankers are highly sought after for their skills and expertise in assessing investment opportunities and managing investment portfolios.

The role requires an in-depth understanding of the capital markets and how they relate to corporate activities. With this knowledge, investment bankers can help companies raise money on public stock exchanges or sell stocks to investors by buying them back at a higher price later on.

Capital Market Courses in IndiaIn addition, investment bankers may also advise clients about mergers and acquisitions that could benefit their company’s bottom line.

In this post, we’ll see what the capital market & its latest trends is and how you can start a career as an investment banker.

What is Capital Market?

The Indian capital market is the investment and financing hub for corporate entities, investors, and governments. It includes equity markets, debt markets, money markets, derivative products such as futures contracts on shares of stock (equity), bonds (debt) & currency pairs like Rupee vs. US Dollar, etc.

Latest Trends in Capital Market – What are investment bankers looking for?

The investment banking sector is undergoing a paradigm shift in companies’ investment strategies that are opting to stay private longer and new regulations and transparency imposed by regulators.

– Investment bankers may need different skills than they did before. For example, an investment banker who has been trained on debt financing will be required more now for equity investments because there is a lack of IPO opportunities from emerging markets firms since 2009. Increasingly, investment banks will offer advisory services to help clients raise funds through bonds or stocks offerings rather than traditional advice about which project should get financed with borrowed money.

– Investment banks rarely work alone anymore. They have to form alliances with other investment firms, private equity investors, hedge funds, or sovereign wealth fund managers to provide the different services necessary to handle a complex portfolio of deals. This is especially true for M&A activity where clients want not just advice on the investment but also the help of investment bankers to actually execute the transaction.

Best Investment Banking Courses with placement in India

– Investment Banking requires a lot more than just finance skills to get ahead. You need strong analytical abilities, too, so that you can provide clients with insights into their industry or sector, which might be different from what they’re used to hearing.

– Investment bankers are looking for candidates who can bring a lot more to the table than just investment banking skills. That’s why Investment banker courses focus not only on technical knowledge but also behavioral and soft skills such as communication, interpersonal relationships, presentation skills, and leadership abilities.

Start a Rewarding Investment Banker Career with Imarticus Learning

Imarticus Learning offers investment banking courses that will provide you the right expertise, knowledge, and skills to start a rewarding investment banker career. Investment banks are always looking for professionals who have an in-depth understanding of the global capital markets.

Therefore, if you want to be an investment banker, then this course is best suited for your need as the investment banker course by Imarticus Learning is designed to provide a thorough understanding of investment banking careers and how one can start their own highly rewarding investment banker career with this coveted degree qualification.

For more details on Investment banking career/courses, contact us through the Live Chat Support system or visit any of our training centers based in – Chennai, Mumbai, Thane, Pune, bangalore, Hyderabad, Delhi and Gurgaon.

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How an MBA in Banking and Finance can be helpful in the BFSI Sector?

The banking and finance sector, also known as the BFSI sector, is one of the largest industries in India. The assets of Indian public sector banks alone are worth $1.5 trillion in FY20.

Moreover, this industry is growing at a rapid pace. The more it will grow, the more career opportunities you will have. In this article, we will cover how completing a financial business management course can help you in building a career in this field.

How an MBA in Banking helps you in the BFSI Sector

Makes you stand out

Having an MBA in banking will benefit you greatly in standing out. Recruiters in the BFSI sector look for skilled candidates that can showcase expertise in the industry’s different subjects. Another criterion is candidates with a strong work ethic and commitment towards their profession. Having an MBA will help you showcase all of these qualities and more. It will also make you eligible for many leadership roles in the industry which you couldn’t apply for without an MBA.

You will easily stand out from candidates that don’t have an MBA or those who have an MBA specialization in another subject. Hence, you will be at a great advantage with this qualification.

Easier project management

An MBA program will teach you about the fundamental and advanced concepts of business. Its specialization in banking will help you learn about the essential subjects of the banking and finance sector, including financial accounting, analytics, fintech, and others. Possessing these skills will make it much easier for you to handle projects and measure their growth. Project management is a highly in-demand skill, and an MBA in banking will allow you to specialize in the same.

Develops leadership skills

A big reason why employers prefer candidates with an MBA to fill senior roles in their organization is that they have better leadership skills. Developing soft skills is a prominent section of an MBA program. Moreover, senior roles require professionals to have a strong grasp of different leadership skills. Some vital leadership qualities you develop during an MBA program are:

  • Problem-solving
  • Critical thinking
  • Communication
  • Teamwork

Not only will these skills make your job significantly easier but they will also allow you to grow your organization better and hence, advance your career more easily. Strong leadership qualities will help you direct your organization’s resources more effectively and pave the way for a brighter career, particularly in the lucrative BFSI sector.

Get an MBA certificate online

Completing a financial business management course can aid you significantly in accelerating your career in the BFSI sector. It helps you develop vital soft skills and become an industry leader.

In the current day and age, when there is a contagious virus spreading everywhere, the safest way to learn crucial skills like financial accounting and business management is by getting an MBA certificate online. An online course will allow you to learn from the safety of your home without going anywhere. You will be able to study safely and according to your schedule. It would also help you learn without interrupting your professional life, unlike a conventional MBA program.

Conclusion

There are many advantages to getting an MBA in finance and banking, especially when you want to pursue a career in the BFSI industry. It helps you get high-paying jobs, accelerate your career growth and become a sought-after professional. If you are interested in finding out more about an MBA with a specialization in banking, then you should go here.