Banking courses offered by Banks
Banking courses offered by Banks: The banking sector is at its peak today. With private banks aiming to improve their customer service and become more accessible by opening new branches, bank jobs have taken a leap for the better. Consequently, more and more banks are offering banking courses for students who wish to apply for bank jobs. Being the backbone of the Indian economy, bank jobs are lucrative options for those who want to get employed in the government sector. Since bank jobs have turned out to be the most sought after career options, it is no surprise to know that the increasing competition level has raised the bar for recruitment. Thus, banking courses offered by banks are essential for the efficient preparation of banking aspirants. Read on to find out all about the banks offering bank courses.
What is banking?
Banking covers all the services provided by banks. It is the industry that manages cash, credit and every financial transaction. Banks are where we can deposit our cash safely. These deposits are used to further lend loans. Various types of banks perform different functions. Some types of banks in the country are- government banks, private banks, community banks and the recent development of internet banking.
What does the banking course cover?
Some of the major topics covered in the banking courses offered by banks are listed below:
Banking Laws
Modern Banking Theory
Economics of Global Trade & Finance
Business Policy & Strategic Management
Management of Financial Services
Financial Markets in India
Foreign Exchange
International Banking & Finance
Commercial Bank Management
Direct & Indirect Taxes
Marketing of Financial Services
Principles of Finance
Banking courses offered by Banks
ICICI Bank
Founded 25 years ago, ICICI bank started up as a joint venture of the World Bank, India's public-sector banks and public-sector insurance companies. ICICI Bank, in partnership with Manipal Global Education Services, offers a Probationary Officers Programme Post Graduate Diploma in Banking (PGDB) for those who wish to develop their banking knowledge and specialize in retail banking. The PGDB course by ICICI bank is a 1-year long vocational programme which has been divided into four terms as listed below:
Term 1 (4 months) involves classroom training at IMA, Bengaluru
Term 2 (2 months) covers internship at ICICI bank
Term 3 (2 months) includes classroom training at IMA, Bengaluru
Term 4 (4 months) comprises of on-the-job training at ICICI bank
Graduates from any discipline must have scored at least 55% overall to be eligible for PGDB course by ICICI bank. The candidate should also be up to 25 years of age as on December 30, 2018.
On finishing this banking course by ICICI bank, the candidates will be awarded the Post Graduate Diploma in Banking from Manipal University and will be recruited as frontline managers in Deputy Manager Band I grade.
HDFC Bank
HDFC Bank was established in August 1994, headquartered in Mumbai, Maharashtra. HDFC Bank provides a number of services to its customers such as retail banking, wholesale banking, auto loans, treasury, personal loans, two wheeler loans, loans against property, lifestyle loan, consumer durable loan and credit cards.
Trade Finance Program: A training course for postgraduates, Trade Finance Program by HDFC Bank, enables candidates to understand their job responsibilities through banking simulations, real-life case studies and role play. The duration of the Trade Finance program is of 45 days. On completion, candidates are entitled to a training stipend of Rs. 3000 to Rs. 4500 per month. Only those candidates who have been shortlisted via an aptitude test and a personal interview round are eligible for this banking course. Those who successfully complete the Trade Finance program will be recruited as a Trade Finance executive with HDFC Bank at a salary package of Rs. 2.7-3 lakhs per annum, depending on their skills.
Business Banking Relationship Manager program: In collaboration with Imarticus Learning, HDFC Bank provides a 2-month long (conducted on weekends) online program for those who want to enhance their knowledge of business banking, the credit and lending landscape, customer management, sales and regulatory training, etc. On successful completion of the program, candidates will receive the program completion certificate.
Yes Bank
Yes Bank Limited is India’s 4th largest private bank, founded in 2004, by Rana Kapoor and Ashok Kapur. The headquarters are located in Mumbai. Yes Bank is involved in corporate and industrial banking, commercial banking, investment banking, corporate finance, financial marketing and retail banking.
Post Graduate Program in Branch Banking Services: The PGP in Branch Banking Services is a 3-month long program. The unique program involves 4 hours of classroom study and 3 hours of supervised self-study (which takes place after the classroom learning) per day. Throughout the program, students are trained in the usage of banking application software and customer-oriented service and sales skills, etc. Candidates must be less than or equal to 27 years of age and must have scored at least 50% in graduation/ post graduation to be eligible for PGPBS program by Yes Bank. Admission to the PGP in Branch banking services is granted to those who clear the Institute of Finance Banking and Insurance (IFBI)’s Common Entrance Test (ICET) and interview, and Yes Bank’s interview. On successful completion of the course and scoring the minimum requirement of marks in the assessments, candidates will receive their certificates.
State Bank of India (SBI)
SBI is an Indian multinational, public bank and financial service company. It provides services like retail banking, corporate banking, investment banking, mortgage loans, private banking, wealth management, credit cards, finance and insurance.
Certificate Program in General Insurance (CPGI): Institute of Finance, Banking & Insurance (IFBI), in collaboration with SBI, offers a 6-month long program to make candidates understand the customers’ necessity of maintaining savings and protecting assets. The program includes classroom learning (2 days a week) as well as on-the-job training at SBI General Branch (4 days a week). Students who have passed class XII (regular mode) and is not more than 40 years of age is eligible for CPGI. On successful completion of the course, candidates will be recruited to SBI General Insurance Co. Ltd. according to their skills.
Axis Bank
The third largest private bank in India, founded in 1993, offers services like retail banking, corporate banking and international banking. Axis bank employs over 58,000 candidates every year.
Post Graduate Diploma in Retail Banking (PGDRB): The 3-month long career program aims at developing banking professionals in order to increase the profitability of Axis Bank. Along with 3 months of full-time class work, one week of on-the-job training is provided. According to the eligibility criteria, 55% in class X, XII and graduation is a must for those who wish to apply for the program. Aspirants will have to clear the IFBI’s Common Entrance Test (ICET) in online mode, IFBI interview and Axis Bank’s interview. Those who complete the course successfully will be recruited by Axis Bank according to their skills.
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Explore Career Options (By Industry)
Budget Analyst
Budget analysis, in a nutshell, entails thoroughly analyzing the details of a financial budget. The budget analysis aims to better understand and manage revenue. Budget analysts assist in the achievement of financial targets, the preservation of profitability, and the pursuit of long-term growth for a business. Budget analysts generally have a bachelor's degree in accounting, finance, economics, or a closely related field. Knowledge of Financial Management is of prime importance in this career.
Data Analyst
The invention of the database has given fresh breath to the people involved in the data analytics career path. Analysis refers to splitting up a whole into its individual components for individual analysis. Data analysis is a method through which raw data are processed and transformed into information that would be beneficial for user strategic thinking.
Data are collected and examined to respond to questions, evaluate hypotheses or contradict theories. It is a tool for analyzing, transforming, modeling, and arranging data with useful knowledge, to assist in decision-making and methods, encompassing various strategies, and is used in different fields of business, research, and social science.
Underwriter
An underwrite plays crucial roles in the finance and insurance industry and works for mortgage, loan, and insurance companies. He or she analyses applications for insurance policies and assess the risk capacity to decide whether to approve application or reject. He or she assesses and evaluates the risk of another party for a fee in the form of commision or premium.
Underwriters have strong analytical skills and they understand the insurance principle to evaluate the health of potential clients. They collaborate with agents, brokers, and to their clients to collect information and explain the insurance product details. They work on all kinds of insurance like mortgage, health insurance, life insurance, automobile, and several other kinds of insurance.
Finance Executive
Finance Executives manage money, overseeing a company's income, expenses, and investments. They monitor financial transactions, create and assess reports like cash flows, and strategies to enhance profit margins and reduce expenses. Their role is crucial for staying competitive and making wise market decisions in response to current dynamics.
Finance Executives establish strategic financial goals, objectives, and performance criteria. Strong accounting and analytical skills are fundamental to this role. While often working fixed hours, they may extend their work hours to meet deadlines. This career is well-suited for individuals with a keen understanding of finance, attention to detail, and the ability to navigate complex financial landscapes.
Product Manager
A product manager is a professional who determines what a product should do and how it should look like. A product manager analyses customer needs and combines them with company goals to develop a product that satisfies everyone. He or she works in coordination with different departments like engineers, salespersons, and product designers to ensure everyone works towards achieving the company's goals.
A product manager develops strategies and plans to help the employees work towards a common goal that is to develop a product that the customers demand. He or she plays the role of the first point of contact in the organisation for anyone who needs to know about the product. Concerning larger programmes, they work with Technical Program Managers to deliver results.
Operations Manager
Operations manager is tasked with supervising the financial and business experts involved in the production of goods and services. A career as operations manager needs to supervise many divisions and coordinate daily activities. The role of operations manager is to oversee and manage diverse activities which is part of a profession as an operations manager.
All levels of an organisation's operational activities are overseen by an operations manager. He or she is in charge of selecting candidates, imparting instruction, and managing quality control programmes. Operations managers also develop plans for process improvements to ensure that everyone finishes their work on schedule. He or she must regularly evaluate budgets, manage costs, and analyse data and statistics.
Stock Analyst
A stock analyst is an individual who analyses and evaluates various stocks and securities in the financial market. He or she in the stock analyst career forecasts stock market results, normally with an emphasis on the securities that a company or firm invests in. He or she also prepares scientific reports on financial forecasts, predictions, and recommendations based on a stock's expected profit.
Individuals who enjoy learning and data processing, are good problem solvers, and have a strong work ethic will excel in the stock market analyst sector. Students can pursue a BBA (Bachelor of Business Administration), MBA (Master of Business Administration), M.Stat (Master of Statistics) to opt for a career in stock market analysis
Researcher
A Researcher is a professional who is responsible for collecting data and information by reviewing the literature and conducting experiments and surveys. He or she uses various methodological processes to provide accurate data and information that is utilised by academicians and other industry professionals. Here, we will discuss what is a researcher, the researcher's salary, types of researchers.
Welding Engineer
Welding Engineer Job Description: A Welding Engineer work involves managing welding projects and supervising welding teams. He or she is responsible for reviewing welding procedures, processes and documentation. A career as Welding Engineer involves conducting failure analyses and causes on welding issues.
QA Manager
A Quality Assurance (QA) Manager, synonymous with a Quality Assurance Manager, holds a pivotal role in ensuring products meet predefined standards. Responsible for planning, directing, and formulating control policies, the QA Manager safeguards company efficiency and profitability. By scrutinizing products for flaws and ensuring compliance with internal and external requirements, they uphold quality, validating the effectiveness of quality assurance teams in maintaining high standards before product release.
Quality Controller
A quality controller plays a crucial role in an organisation. He or she is responsible for performing quality checks on manufactured products. He or she identifies the defects in a product and rejects the product.
A quality controller records detailed information about products with defects and sends it to the supervisor or plant manager to take necessary actions to improve the production process.
Production Manager
A Production Manager oversees manufacturing processes, ensuring timely and budgeted delivery of products. Responsible for safe, cost-effective production meeting quality standards, their role adapts to the production system. Also known as an Operations Manager, they manage human and material resources, contributing to efficient production and service delivery.
Product Manager
A product manager is a professional who determines what a product should do and how it should look like. A product manager analyses customer needs and combines them with company goals to develop a product that satisfies everyone. He or she works in coordination with different departments like engineers, salespersons, and product designers to ensure everyone works towards achieving the company's goals.
A product manager develops strategies and plans to help the employees work towards a common goal that is to develop a product that the customers demand. He or she plays the role of the first point of contact in the organisation for anyone who needs to know about the product. Concerning larger programmes, they work with Technical Program Managers to deliver results.
QA Lead
A QA Lead is in charge of the QA Team. The role of QA Lead comes with the responsibility of assessing services and products in order to determine that he or she meets the quality standards. He or she develops, implements and manages test plans.
Structural Engineer
A Structural Engineer designs buildings, bridges, and other related structures. He or she analyzes the structures and makes sure the structures are strong enough to be used by the people. A career as a Structural Engineer requires working in the construction process. It comes under the civil engineering discipline. A Structure Engineer creates structural models with the help of computer-aided design software.
Process Development Engineer
The Process Development Engineers design, implement, manufacture, mine, and other production systems using technical knowledge and expertise in the industry. They use computer modeling software to test technologies and machinery. An individual who is opting career as Process Development Engineer is responsible for developing cost-effective and efficient processes. They also monitor the production process and ensure it functions smoothly and efficiently.