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Tag: New Age Banking Courses

What Are The Sources To Learn Corporate Banking?

Posted on by Imarticus Learning

 

The scope of a job in Corporate Banking depends and varies depending on the following factors. These factors are:

The bank that employs you:

All banks do not offer the same bouquet of services. Some focus on smaller firms and the middle-market segment requiring a variety of skills specific to the field of work. Your knowledge base and skills required may be different when you work with the larger banks.

Further, some banks may offer certain specialized services like infrastructure finance or asset-backed lending and so on. You will soon discover that no matter where you learn corporate banking you practice on the job and what you study depends also on whom you work for. Chase Bank and Citi Group of banks have the best corporate banking divisions.

In which country you are employed:

Banks have to be licensed to operate in a country and provide key services. Often the particular country may not have the required infrastructure or availability of local talent to fill specific job roles and key areas. As an example consider that in Western Europe one needs to incorporate a legal entity in Germany alone to offer cash management services. After Brexit happens the UK will need a similar procedure. This restricts the bank’s offerings and their payouts also need to be on par with the areas average payouts.

The area of operation in the bank:

Banks offer a variety of roles in corporate banking. You could be from the technical/ administrative support areas, a relationship manager, or the treasury products sales associate, or a specialist in account opening. The area of operation and job roles varies and so also do the payouts, skills or learning required. Blockchains are the buzz word and a lot of hiring is around this technology. Anti-laundering, risk-management, compliance, and regtech are also very happening areas requiring skills depending on the job role and operational area of the bank.

Since you will have to suit your job, one of the best routes to learn corporate banking is to do a course at reputed institutes like the Imarticus Learning Academy. The banking courses are not all that different. What sets Imarticus apart, is that they offer specialization courses to both career seekers and career changers suited to their interest areas and equipped with certifications to advance your career.

Corporate Vs Investment banking:

The corporate banks are IBs who are also lenders of capital at various scales and from different branches under the same umbrella. They could be direct investors and most often act as intermediaries helping to raise investment capital. Some examples are of companies raising funds are in the issuances of bonds, IPO’s and OIUs. Different branches like retail banking, corporate finance, wealth management, etc are involved in offering funds to corporate firms, syndicated financial institutions and the governments for infrastructure projects.

IB also deals with HNI individuals, syndicated funds, etc to SMEs and retail products like credit/debit cards, bank accounts for individual investors. IB often plays the role of an intermediary in the acquisitions and merger deals. They advise on equity markets, mutual fund investments, and play a consultant to borrowers in their financial and borrowing journeys. Their profits are in the interest rates, charged fees, consultancy retainers and such. Banks may also have in-house trading facilities.

The key differences:

The main difference between corporate banking and investment banking is in whom they lend to. The banks offer loans at interest. Banks can be the intermediaries of the venture capital deals and the M and A deals. They also target different kinds of customers. The banks are relatively risk-averse and have investors and borrowers from whom they earn fees or interest for their involvement. IBs work with financial institutions and firms who also have access to global markets, and capitals markets abroad. Corporate bankers specifically work with institutions, corporate firms, churches; foundations, etc helping them invest their funds and offering them loans.

If you are interested to learn corporate banking the courses at Imarticus Learning are highly recommended. The banking jobs are prestigious, pay well and are constantly facing a demand for well-trained professionals.

IB career-scope and payouts:

In terms of career prospects, salaries, job roles, and working conditions there is a lot of overlap between various divisions in the investment banking sectors. However, corporate banking has a slight lead in job prospects. According to Payscale reports, in early 2004, the average IB salary was USD 315,000. Ten years later the figures for the IB salary was USD 288,000. Investopedia claims the average 2015 banker’s salary was between USD 75,000 to 85,000.

Conclusions:

Corporate bankers are important as they are client-facing jack-of-all-trades bankers with a wide knowledge and skills base. You can learn corporate banking at Imarticus Learning where careers are born and honed. Start today!

For more details and for further career counseling, you can also contact us through the Live Chat Support system or can even visit one of our training centers based in – Mumbai, Thane, Pune, Chennai, Banglore, Hyderabad, Delhi, Gurgaon, and Ahmedabad.

How Can You Build A Wealth With Stock Market?

Posted on by Imarticus Learning

How Can You Build A Wealth With Stock Market?

If you sell high and buy low you can make your wealth from the stock markets. If you make your millions just remember you can lose it overnight if you do not have a game-plan in place. It takes dedication, hard work, sound investment analysis, oodles of patience, excellent planning, and tons of commitment to do so.

Doing a wealth management course at Imarticus Learning is not only good to practice the technical skills of the trade, but also to accumulate and use the following essential attributes into your daily Rota while chasing success and not money in the stock markets.

Assessment of the self:

No one-size-fits-all investment plan exists. So, personalize your plans with accurate and honest self-assessment. All investments in the stock markets are risky. Check if you know your stuff and how to handle the few losses you are bound to make. Don’t put your career stake. Use money.

Your objective:

Your goals and objectives count. If you have no idea where you are going, no targets, etc then your investments will be haphazard. So set your targets and decide your objectives before investing.

The starting point:

Your financial situation currently is your starting point. So, analyze your net worth statement which lists your debts and assets. The difference is your net worth.

Check your resources:

Check your investment potential of liquid assets, cash-in-hand and assets not readily accessible like your fixed assets. Make a plan for the cash-flow statement or the difference between your monthly incomes versus your monthly expenses. Invest it wisely.

The broker’s role:

Stocks get traded at major exchanges and over-the-counter platforms. You will need a broker to trade. If you are unsure of doing your investments alone through online brokerage firms, you can hire and seek the advice of a full-service broker. You can also check out the direct stock purchase plans where you do not need a broker. Mutual Funds also compete in offering shares to investors. Between the two ends are the brokerage firms who offer discounts, commissions, and limited services in trading on the stock market.

Know your opportunities:

Understand your investments well through research and/or the professional’s advice. Don’t invest if you are unsure.

Diversify:

According to the U.S. Securities Commission if you are a long-term player diversification ensures a good spread of risks. It ensures your losses are limited.

Don’t horde:

Never get attached to your stocks and don’t horde them. When you sense the opportunity is right to make a killing or cut-losses this advice helps ensure you don’t lose all your money.

Cut losses:

Stocks always fluctuate. But if the downward trend is consistent then cut loses by selling and trading in the in-exchange deals. Go by your instincts and analysis as it is your money and your research analysis that matters most.

Start now:

The best advice in any career it the start is to begin and never stop thereon. Wealth doesn’t come in overnight. It does take years to accumulate it in small bits and good 15-years according to SEC’s Investor.gov. If you start early time is your ally. If not then it works against you in accumulating wealth.

Do a course:

It is strongly recommended you do a Wealth management course to hone your skills in wealth management. Did you know that the courses at Imarticus Learning offer wealth management career aspirants mock interviews, assured placements, and soft-skill development too as part of their course learning? Whether your plans include joining a firm or being independent you will benefit from the real-time case studies, assignments and project work which are part of the syllabus. You can even get prepared for the CWM certifications which help you find dream jobs. Why wait then? Join today!

Conclusion:

If you sell high and buy low you can make your wealth from the stock markets. Besides just being a technical wizard at such transactions you need to train yourself with a host of attributes that are not taught in colleges such as personality development or soft-skill training. Your syllabus at the Imarticus course has these vital models included in it.

Imarticus Learning’s wealth management course can teach you how to make this possible. Join the course today! For more details in brief and for further career counseling, you can also contact us through the Live Chat Support system or can even visit one of our training centers based in – Mumbai, Thane, Pune, Chennai, Bangalore, Hyderabad, Delhi, and Gurgaon.

Which Are The Best Certification Courses In Corporate Banking?

Posted on by Imarticus Learning

Corporate Banking which is an area many career aspirants would love to join surprisingly has very few good certification courses. Recently FLIP introduced a specific Corporate Banking certification course which is apparently popular among the B-school aspirants.

This course covers non-funded and funded products while taking you through all corporate banking important work areas. It is an apt course for SME and corporate banking career aspirants and is also used for employee training by leading NBFCs and banks.

The syllabus covers topics like: 

  • Understanding products, solutions, corporate client requirements and the matching of these parameters.
  • RAROC adjustments of risk, wallet sizes, Matrix for product penetration, and relationship management.
  • Credit note memos, analysis, and presentations to the management.
  • Client credit-profile analysis and assessment through quantitative and qualitative techniques.
  • Corporate banking products, Treasury products, and both non-funded and funded products.

In retail banking aka consumer banking, the focus is on the individual consumers or mass-market large commercial banks offering services through their local offices. Some examples of such banks are Citibank, JPMorgan, Goldman Sachs, Wells Fargo and Bank of America.

Increasingly the trend is to go in for new-age banking with a gamut of services and products that are consumer-need and profitability based one-stop banking solutions providers with services like retirement planning, private banking, brokerage accounts, corporate banking, wealth management, and even third-party services being included. Hence a wide-scope Corporate Banking Course is best undertaken at a reputed institute like Imarticus Learning.

Why banking jobs are so popular:

In comparison to investment banking, corporate banking dealing with corporate has relatively fixed working hours, fewer deals, large-deal amounts and offers a broader job-scope. New-age banks have evolved which are needs and market-based. Traditionally the roles were related to customer-service and teller areas in banks. This means multi-tasking banking professionals are in high demand.

Today rather than specific roles in corporate banking, an aspirant can also take up any of the trending opportunities in new-age banking like

  • Investment and Trust Banking help with investments, issuances, property and fund management for both individual and institutional clients.
  • Operations roles deal with the everyday handling of banking operations from bookkeeping, record keeping, financial analysis, strategy meetings, client presentations, etc.
  • Personalized Consumer Banking or retail banking division roles deal with customized services and financial advice to priority individual HNI customers.
  • Commercial and Corporate Banking roles have clients like organizations, schools, businesses, churches, etc to cater to customized banking financial solutions.
  • IT, systems and security cover areas that aid the banking operation, accumulate technology, data, and records, store them safely, and maintain the safety of the entire banking environment and assets.
  • Accounting and administration roles handle policies, routine due-diligence, strategy and planning, internal operations and such tasks.
  • HR and PR Resources are the bloodlines and while HR is employee management related the PRO is client-facing and strives to improve customer experience and feedback.
  • Regulatory and Accounting and administration roles handle policies, routine due-diligence, strategy and planning, internal operations and such tasks.
  • Marketing is an important role and helps win the new customers into the fold with banks product information, managing the customer database, advertising, media, and press releases and much more.

The benefits:

New-age banking offers some great features like: 

  • Job security and working in MNC environments.
  • Super salary packages topped with great benefits
  • Jobs for retired bankers and career-changers within the banking areas are never a problem.
  • Wide variety of jobs experiences and roles.
  • Banking industry jobs are prestigious and have a thriving ecosystem.
  • To update knowledge of latest banking trends and practices new age banking training can help. They also help with certifications and interview skills.
  • Excellent career progression and scope for banking jobs makes this career choice great.
  • Community service goals and continued learning opportunities are satisfying and enriching.
  • The working hours are good and the environment conducive to career-progression.
  • Certifications gained to add value to your resume and knowledge endorsing your skill levels.

Skills required:

To become career-prepared you need to undertake new age banking training. An academic bachelor’s degree would be essential and experience in banking practices definitely help. Fluency in English communication and excellent skills in presentations using Microsoft Excel Macros and financial software is critical to presenting a report of insights that help decision-making based on predictive analysis foresight and data analytical skills. Yes, conceptual knowledge and expertise in the domain enable you to stand out in this prestigious job.

Conclusion:

The pay packages, bonuses, and career-progression when you make a career in new-age banking are not just lucrative and prestigious. They are performance and new-age banking certification enabling continuous learning and very satisfying job roles.

Hurry to Imarticus Learning today! For more details in brief and for further career counseling, you cal also contact us through the Live Chat Support system or can even visit one of our training centers based in – Mumbai, Thane, Pune, Chennai, Hyderabad, Delhi, Gurgaon, and Ahmedabad.

How Can You Prepare For a New Age Banking Interview?

Posted on by Imarticus Learning

Personalization and digitization have transformed all banking sectors ranging from identifying customers, successfully disseminating personalized information, on-boarding the client, doing due-diligence at all stages of acceptance, lending and requests until the final disbursements of loans or funds. Turning away from traditional banking procedures has meant that new age banking training has become a must to keep pace with technological and evolutionary changes in the banking system.

What is new-age banking?

New-age banking challenges hence involve upgrading traditional banking business to cutting-edge services offering services in the following three areas of online lending, banking services, and Forex transactions.

Online Lending: 

Take the case of IndusInd Bank. Their loans are now pre-approved and the ETB users log into the portal and get instant loans after meeting the online eligibility criteria. Besides, they have ramped up the loans on consumer durables, securitized loans, and more digitizing those long and time-consuming loan processes into paper-less, pre-approved seamlessly online instant transactions.

Transactions in FOREX:

This trending market also covers travel cards that are multi-currency, currency exchange at market rates and delivery of local currency at kiosks or the airport for foreign travelers. The easy on-boarding and reloading, Blockchain based security, direct product deliveries against cash-on-receipt; easy conversions of FOREX, etc are some of the USPs.

Personalized Banking Services:
 Customization of banking services through requests has made visiting the bank unnecessarily obsolete. Almost all banks have portals for account management, and payment platforms like BHIM and QR scans like PayTM have meant digitization and cashless transactions leading to higher C-SAT ratings.

Skills for a new-age banker:

To become bankable as a new-age banker be prepared to work with new age banking courses on the following attributes. You will need to have a sound academic record and at least a graduation degree. You will need  

  • Fluency in English communication. 
  • Excellent forecasting, predictive and analytical skills.
  • Analytical thinking and problem-solving abilities.
  • Sound foundations in subject-expertise are very desirable.
  • Strong manipulative skills in Excel VB Macros and such financial software.

The how-to of the interview:

New-age banking has become click dependent! Here are some tips to crack the difficult new-age banking interviews.

1. Do a course:

Firstly, consider doing New Age Banking Courses at reputed Imarticus Learning. Besides the most comprehensive curriculum, they emphasize resume building, personality development, practical project and assignment work and much more. 

2. Research your information on the job, bank, and role:

Don’t take the Imarticus new-age banking course with placement for granted. The questions you should focus on will be your academic and family background, any breaks in academics, weaknesses, strengths, why you deserve hiring and such. A lot of information is available on the bank websites and the internet too.

3. Practice and be well-prepared for the interview:

Being prepared is half the battle won! Make a list of interviewer questions and focus on what the interviewer wants from you. Here’s a cheat-list questionnaire.

General type:

  • What does banking mean to you?
  • Talk me through your CV.
  • What does the role/ present market condition mean to you?
  • What do you think this bank values can achieve?
  • Why do you want to become a banker?
  • What are your achievements/ weaknesses/ strengths?
  • How do you handle leadership/stress/ failure/ accomplishments?
  • Why do you think you should be hired?

Technical type:

  • Explain what this means to you. Financial models/ valuation methods like DCF/ Weighted capital costs/ deferred tax assets and such topics
  • How can you use bank earnings?
  • Explain how different new-age banking is?

4. Keep situational case-studies undertaken handy:

Try to link your answers with the case-studies to emphasize your learning and show coherent logical thinking throughout the interview. Polish your presentation and communication skills while practicing.

5. Dress suitably:

The new-age banker is neatly and respectfully dressed. Your attire also showcases your character, goals, and beliefs and helps make the client ready to trust you. 

Conclusion:

The total payouts in new-age banking roles are performance and bonuses oriented and are extremely well-paying in comparison to other jobs. Doing the New Age Banking Training;course helps you earn a global measurable certification which validates your skills and knowledge and is acceptable as real-life experience of the new-age banking procedures and experience requirements preferred by most employers.

In parting, if you wish to learn all about the new-age banking course with placement career- course, do your course with the reputed Imarticus Learning to emerge right atop of the rushing crowds of banking career aspirants. Hurry! Admissions are limited in every batch.

How Does Private Banking Differ From Retail Banking?

Posted on by Imarticus Learning

Banking is no longer restricted to the traditional aspects, which was recognized within the earlier days. Today, a bank is no longer just a place to put your savings or to go take loans, it has become more of an all-encompassing body. With the advent of investment banking, globalization and the easy cash flow in the economy, the banks received a face-lift and started getting involved in the business spheres.

Today, there are many nationalized as well as private banks, offering a host of services to companies, the government, as well as private individuals. Banking as a sector, branches out into Investment Banking, Private Banking, New Age Banking and many more.

 

Private Banking, in simple word, refers to banking with private individuals. This field offers personalized financial services, to individuals who are also known as High Net Worth Individuals. These are affluent people with a lot of financial assets and thus are looking for conventional and non-conventional ways of investing them. The main purpose of these banks is to provide these individuals, with options that suit their needs of investing their financial assets.

These banks do not just provide investment advice, but go a step ahead and offer all of their services, exclusively to these individuals. These services include managing their portfolios, protecting and growing their assets, future financial planning; basically, they manage the entire financial situation of the individuals. One of the key benefits of private banks is the privacy and the anonymity offered, in terms of the dealings, these also provide tailored financial solutions, which adds to the lure.

Whereas on the other hand, retail banking basically deals with all the day to day activities of a bank. These banks provide all the services that any individual would be in need of like, account services, personal loans, mortgages, certifications of deposits and so on. In retail banking, the focus is more on the individual, than their financial assets. These banks are usually the local branches of larger commercial banks, which the customers use as a one-stop-shop for all of their banking needs.

As time progresses, these banks have begun to expand the purview of the services they offer, now customers are also provided with financial advice, from a board of financial advisors. Apart from this, retail banking has also widened its horizons through the concept of internet finance.

 

With the internet revolution in full swing, a lot of these banks have begun to offer services, exclusively through mobile phones applications and online. These services are very similar to those offered by any traditional bank, but cost comparatively less. While private banks offer specialized services, retail banks have a huge array of services to offer from wealth management, brokerage accounts to financial planning as well as private banking solutions.

While retail banking is a wider sphere, private banking forms a part under these services. Anyone looking to enter these fields is required to have a strong background in finance, economics, and commerce. While there are a lot of institutes, that offer specialization courses in the field of finance. Imarticus Learning is a leading education institute, offering courses in new-age banking, retail banking, wealth management and more.