Unlocking the value of the invisible economy through new-age PGDM in banking and finance

Due to increasing globalization and digitization, the banking and finance landscape has significantly changed. Traditional banks have come a long way and have started offering fintech services. Gone are the days when banks were only supposed to lend and deposit money. At present, banks are involved in many other activities like microfinancing, risk management, and many others.

It is why young aspirants are searching for the best online MBA courses that could teach them new-age banking and finance. Read on to know how our PGDM in banking and finance can help you unlock the value of the invisible economy. 

PGDM in banking & finance 

We, at Imarticus Learning, offer a PGNAB program which is a dual program for finance/banking enthusiasts. You will get an 11-month PGP program powered by Imarticus Learning. You can also go for the NMIMS distance MBA which, is a two-year online program.

Both of these programs can run parallel in the PGNAB program. The dual program is designed with an industry-oriented curriculum that makes you job-ready. You can earn dual certifications from recognized sources at the end of the PGNAB program. Let us see how this program covers concepts related to new-age banking and finance.

Take a deep dive into fintech

Gone are the ways when people depended on physical banks for doing a simple bank transfer. At present, financial transactions can be done within seconds with fintech services. Banking and finance aspirants should know about fintech as it is going to be the future. Fintech has already disrupted traditional ways of making payments. Traditional banks have also started adopting fintech practices to retain their market share.

During the first 11 months, the PGP program and the NMIMS distance MBA program will run simultaneously. During the first 11 months, you will learn more about fintech in the PGP program. Around 1.8 months will be dedicated to fintech to make you future-ready. Both conceptual and practical lessons will be included in the PGP program to help students learn faster.

Learn risk management & compliance

The best way of unlocking the value of the invisible economy is by eliminating risks. There are several risks associated with banks like credit risk, money laundering risk, cybersecurity risk, etc. The PGP program will help you know more about risks in the banking and finance industry.

You can learn to forecast risks and eliminate them proactively. The PGP course will also help you in learning about the compliance requirements in the banking and finance industry. We focus on providing banking and finance courses that could help enthusiasts in learning industry practices.

Learn different types of banking

The MBA course is one of the best online MBA courses in India as it covers each aspect of banking. It covers different types of banking, so you possess a wide range of skills. Some of the banking types covered by the MBA online course are international banking, retail banking, commercial banking, and corporate finance. You can get into the banking/finance industry easily when you have such diverse skills.

Get job assurance with the PGP program

With our expert faculty, we focus on teaching job-relevant skills that could get you placed in the banking/finance industry. We will offer placement assistance towards the end of the PGP program. With industry-related projects and practical teaching, you will have what it takes to work in the banking/finance sector.

The dual program is perfect for working professionals in the banking or finance industry. The dual program guarantees a 25% hike in salary after completing the program as you will possess in-demand skills. Choose the best banking and finance courses with Imarticus now!

The future of banking and finance courses after graduation: Spheres to expand

Banking and finance courses have always been in-demand after graduation. These are the most significant pillars of the economy. Even with the changes in technology, these sectors are growing consistently making them popular courses to pursue after graduating from 12th or colleges. The advancement of financial technology is one of the reasons why it is getting more and more popular. 

Unlike the earlier time, the prospects of a career in these sectors are not confined to clerical jobs. Several technology-oriented jobs in the banking and finance sector lure more graduates into this field. They can choose financial accounting, NMIMS Distance MBA, or other banking courses after graduation

Benefits of choosing banking and finance courses

  • There are plenty of job opportunities with multiple job profiles
  • Attractive salaries both within India and abroad
  • Perfect for career growth and for reaching the top levels
  • Ideal for highly ambitious professionals
  • Provides job security and satisfaction
  • Good opportunity for skill development in various fields
  • Most importantly, these two sectors will sustain even during a recession as they are the backbone of the economy 

Career options in the finance and banking sector

Apart from the well-known careers such as bank manager, financial accountant or financial risk manager, other flourishing career options are also highly rewarding. A few of such career options are, 

  • Asset Manager
  • Audit Clerks
  • Bank Teller
  • Book-Keeper
  • Business Analyst
  • Certified Public Accountant (CPA)
  • Credit Analyst
  • Equity analyst
  • Financial Manager
  • Financial Service Representatives
  • Foreign Exchange Trader
  • Internal Auditor
  • Investment banker
  • Loan Officer

Banking courses after graduation

There are bachelor’s degree courses, master’s courses, and various other diploma or certification courses available, both online and offline. 

Bachelor’s and Master’s courses

The Bachelor’s courses are available in sections such as Banking and Finance, Financial Accounting, Statistics and Business, Banking And Insurance, Commerce, etc. The respective master’s courses are available in these fields. 

The other options for a master’s degree include Financial Mathematics, Monetary and Financial Economics, or the likes of M.Voc in Banking, Stocks, and Insurance, etc. 

An MBA in finance is a game-changer. One could choose an offline course from a leading university or an equally compelling online course accredited or offered by famous universities. One such example is the NMIMS Distance MBA online course. 

Diploma and certification courses

As for the diploma certification courses, they can be short-term or long-term up to 12-18 months duration. These certification courses are niche courses that help you specialize in a specific field. Examples of such courses are, 

  • Advanced Certificate in Banking Laws and Loan Management
  • Diploma in Banking Services Management
  • Graduate Certificate in Banking Security
  • Graduate Diploma in Banking and Finance Law
  • Post Degree Diploma in Economics and Global Banking
  • PGP In New Age Banking (PGPNAB)

Regardless of the course that you choose, most of them focus mainly on banking principles, financial services principles, managing investments, investment regulations, and credit. 

The cost of these courses varies depending upon the type of course, the institution, and the specific curriculum. Certification courses are one of the best options for beginners. 

Conclusion

The future of banking and finance is technology-driven, and the graduates can expand their career options only with the help of technology-assisted courses. Analytical jobs are one of the most sought-after career options. Artificial Intelligence and Machine Learning integrated courses are also a good option. Having an MBA gives the much-needed push for the career. 

So the future of fintech and banking courses holds high regard. One must expand their horizon to get more opportunities.