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Tag: post-graduate diploma in banking and finance

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

Posted on by Imarticus Learning

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!

How Treasury Management in Banking is Essential for Small Businesses

Posted on by Imarticus Learning

Entrepreneurs are constantly on the search for banking services to help them manage their financial investments and assets. Treasury management services, which manage cash, investments, and other financial assets, can help businesses optimize their finances.

Treasury management is a way of managing aimed at optimizing a company’s liquidity avoiding financial, operational, and reputation hazards. Therefore, a post-graduate diploma in banking and finance will give you a fair idea about this part of the banking sector.

Importance of treasury management:

When recurring manual procedures, such as financial data management or automatic payment initiation, are automated, treasury management can help to boost productivity by eliminating inefficiencies within business operations.

Human errors can be reduced by minimizing manual operations. Finally, because cash flow is actively monitored, treasury management services in banks can assist a corporation to stay afloat.

Why should treasury management be considered by small businesses:

  1. One of the most significant advantages is time savings. Businesses can improve the payment process and reduce the time spent on payment approval and activation by installing a treasury management system.

 

  1. Businesses with access to numerous tools and resources can promptly discover the cost of cross-border transactions and better regulate other related expenses. Having better command over these procedures also removes some of the ambiguity from financial planning, lowering the risk of serious mistakes.

 

  1. Cash flow is vital for small businesses. Profitable businesses can fail due to a lack of cash on hand to pay debts. The treasury management function, a vital component of cash flow management, examines the timing and amounts of cash inflows and outflows. Accounts receivable conversions to cash, short-term and medium-term borrowing, asset sales or dispositions are all examples of cash inflows. Treasury management also entails monitoring and tracking the operations that necessitate the most cash.

 

  1. Treasury management’s duty also entails increasing the amount of time a company keeps the money needed to pay its debts while decreasing the amount of time it keeps money owed to its customers. Treasury management processes involve establishing policies for accounts payable and receivable, establishing credit approval policies, and determining collection terms. These activities provide a corporation with a float or excess short-term capital that can be invested. Larger corporations may open savings and money market accounts to serve as sweep accounts, earning short-term interest on incoming funds that will be used to pay bills quickly.

 

  1. Small businesses that have a treasury management system can devote more time to key business objectives. They can conserve the time spent on financial concerns. CFOs may require to know the location of their cash reserves and the currency value of the same. They also need to determine whether they should invest or just borrow. Furthermore, it is critical to understand whether they’re financially overexposed, or undervalued.

 

  1. Treasury management services can increase the transparency of user activities. Audit trails for all end users can be set up. Furthermore, because you now have a platform to standardize procedures and systems, treasury management services may assist ensure that firms are fully compliant with regional and worldwide requirements.

 

Conclusion:

Finally, a treasury management service that is dependable, and steady assists you in minimizing risk and maximizing your company’s growth opportunities. Personal contact with a qualified bank might help you a lot here. There are good online courses on this subject as it is a budding sector in the banking industry. A postgraduate diploma in banking and finance will help you fetch lucrative jobs in reputed banks.

How Automation is improving Employee Experience in Investment Banking Operations?

Posted on by Imarticus Learning

Automation is not a distant dream anymore. Most of the industries already started using automation to reduce the human workforce, reduce the workload on the human workforce and make the regular repetitive activities more efficient.

best investment banking course with placement in IndiaThe investment banking sector also stepped in to explore the world of automation and how they can utilize it.

When you are looking for an Investment Banking Career, you should know how automation impacts it. Relevant investment banking courses can provide you the knowledge you need.

Investment banking is one of the most rewarding careers however this industry demands long working hours, sometimes till late-night and also on weekends. In spite of efforts from banks, this scenario hasn’t changed a lot. As a solution, many banks started implementing automation to reduce the workload for their employees.

The advantage is that automation has convinced more banks to implement automation in the maximum possible areas.

In recent days, what many companies are preferring are citizen-led automation programs. Citizen-led automation or citizen automation basically enables a non-technical user or a user with limited technical expertise to create simple automation for themselves or their department as needed. This automation feature proved to be extremely beneficial for the bank and their employees, which is the true essence of automation.

With the help of citizen-led automation, the employees are now capable of using low-code tools and they have the basic knowledge of building automation to perform many of their day-to-day activities. The bright side of automation doesn’t end here.

Employees can automate many of their tasks which are otherwise very difficult and time-consuming when performed manually. Through extensive use of automation, employees are empowered to focus on higher-value tasks for the banks which they were not able to pay much time and attention to before automation, thereby causing benefits to the bank like never before.

Banks demand authenticity in their operation. Many banks still doubt the authenticity of automation programs. There exists a common perception among many banks that these citizen-led automation programs are not worth investing in. However, reality speaks otherwise.

Within any industry including banks, there are hundreds of activities that are repetitive in nature and still performed manually. There’s no point in investing in dedicated teams to perform all these activities when all these tasks can be automated.

Equipped with citizen development, employees are building automation and front-office teams are freeing themselves from hundreds of hours previously spent on repetitive tasks. Below, a few cases from the investment banking sector, which are getting automated or can be automated.

Prepare trading reports: Automation bots prepare reports with charts and trading elicited from 3rd party data providers and send them to analysts.

Preparing presentations: Automation bots help build presentations by adding dates and titles, comparable company metrics, market performance charts, and other relevant data points.

Generating public information books: Bots pull company details, press releases, research, and news articles from various sources and merge them into a single PDF document.

Consolidating working group lists: Bots navigate across multiple applications to assemble relevant client information and input it into a formatted document that the team can use further.

Formatting earnings models: Bots work across various worksheets to transfer data from prior quarters into the current quarter’s data and prepare earnings releases.

Handling workflow change requests: When the bankers request workflow changes every time they are to start working on a new project. But an automated bot accommodates changed workflow requirements easily.

Conclusion

Considering the extreme workload in the investment banking industry, automation is a sign of hope. Slowly investment banks are inclining more and more towards automation.

If you are building an investment banking career and considering taking the best investment banking course with placement in India, you may need to pay attention to automation as well because automation is the future.

What Is The Main Function of Financial Accounting?

Posted on by Imarticus Learning

What is the main function of financial accounting?

Financial accounting is a specific branch of accounting involving a process of recording, summarizing, and reporting the myriad of transactions resulting from business operations over a period of time. These transactions are summarized in the preparation of financial statements, including the balance sheet, income statement and cash flow statement, that record the company’s operating performance over a specified period. Accounting is crucial for managing and analysing the financial resources of a company.

Financial accounting refers to the field of accounting that focuses on summarizing, analyzing, and reporting the financial transactions related to a business. It involves preparing financial statements that are available for public use.

And, the following article takes a deeper look at how this process helps businesses, what its main goal is, and how you can utilize this process professionally to become a financial expert. So, read more to find out.

The main function of financial accounting

The chief function of financial accounting is to prepare financial reports that give you information about a company’s performance. They are primarily used to convey the financial information about a firm to external parties such as creditors, investors, and tax authorities. 

A financial accountant may keep track of the incoming and outgoing cash flow and record all financial transactions ghostwriter bachelorarbeit. They may use that information and past financial data to analyse the overall expenditure and prepare financial reports.

It aims to prepare an organization’s financial accounts or financial statements (cash flow statement, balance sheet, and income statement) for a particular duration.

Further, financial accounting helps shareholders and creditors understand the financial health of an enterprise. It aids them in the decision-making process as they can evaluate the current status of a company and forecast its performance accordingly ghostwriter seminararbeit. It also helps them in understanding how well the company operates in different situations.

Besides, financial statements enable a company to meet fiscal, statutory, and legal requirements as well. In some cases, it is mandatory to prepare these statements. All in all, the main purpose of this process is to enable third parties to assess an organization.

Notably, public companies use the accrual accounting method while private companies can use the cash accounting method akademische ghostwriter. And, both methods have their pros and cons.

How to pursue a career in financial accounting?

Diploma in Banking and Finance

Financial accounting is imperative for modern organizations. That is why they rely on financial experts to take care of this aspect of their operations. If you want to pursue a career in finance, then it would be best to get an IIM Calcutta Executive Programme in Investment Banking and Capital Markets or a Postgraduate Program in Banking and Finance.

A Postgraduate Program in Banking and Finance will give you an overview of financial accounting along with other relevant concepts. Similarly, an IIM Calcutta Executive Programme in Investment Banking and Capital Markets will teach you the basic and advanced concepts of business and finance, as well as the latest technologies used in the investment sector. If you are interested in pursuing these programs and need assistance with your academic assignments, you can consider seeking help from a hausarbeit ghostwriter to ensure you excel in your studies.

Learning about these latest subjects will help you stay on top of the industry trends and remain an in-demand professional.

Financial accounting is necessary for every business to evaluate its financial health and show it to external parties. That is why there is a huge demand for experts who can perform this process effectively and efficiently. Businesses are constantly searching for professionals who can create accurate and descriptive financial statements. If you are interested in pursuing a career in financial accounting, it is essential to gain the necessary skills and knowledge. Considering hausarbeiten schreiben lassen preise could be a valuable option for obtaining expert guidance and insights in this field.

We recommend pursuing a Postgraduate Program in Banking and Finance if you want to become a professional in this field.