Which is the Best Course in Banking?
IBPS, RBI and SBI (government banks) conduct regular exams to hire for the posts of Specialist Officers, Probationary Officers, Clerks, Assistant Managers, and Managers. If you want to get into the banking sector, you can opt for any of these exams and clear them. There are many institutions providing short-term courses to the candidates that look forward to the exams, and Private banks hire such candidates directly.
If you don’t want to take the tenuous way, there is another way out – Banking courses. A course in banking will empower you to apply to bank jobs directly. There are multiple job profiles, which we will discuss in this article. But first, let us look into the courses.
Degree Banking Courses –
1. B.B.A in Banking and Finance
2. B.Com in Banking Management
3. B.Com in Banking and Finance
4. B.Com in Banking and Finance
5. B.Com (Hons) in Banking and Finance
6. Bachelor’s of Economics
7. B.Sc in Banking and Finance
8. Masters of Economics
9. MBA in Banking and Taxation
10. MBA in Banking and Finance
11. MCom in Banking and Insurance
12. MCom in Bank Management
13. MCom in Banking and Insurance Management
14. MCom in Banking, Finance and Risk Management
15. MSc in Banking and Finance
16. MVoc in Banking, Stocks and Insurance
17. Master in Banking or Finance or Insurance
18. PhD in Banking and Finance
19. Post-Graduate Program in Investment Banking and Capital Marketers
20. BBA and MBA Integrated Course in Banking
21. MA in Banking
22. MBA in Finance
Diploma Banking Courses –
1. Advanced Diploma Courses in Banking Services
2. Advanced Diploma in Banking and Finance
3. Diploma in Banking and Finance
4. Diploma in Banking and Insurance
5. Diploma in Banking and Insurance Management
6. Advanced Diploma in Urban Cooperative Banking
7. Diploma in Banking Laws
8. Diploma in Banking Management
9. Diploma in Home Loan services
10. Diploma in Banking Services
11. Post-Graduate Diploma in Bank Management
12. Post-Graduate Diploma in Banking
13. Post-Graduate Diploma in Banking and Financial Management
14. Post-Graduate Diploma in Banking Operations
15. Post-Graduate Diploma in Development and Investment Banking
16. Post-Graduate Diploma in Banking and Finance
17. Post-Graduate Diploma in Retail-Banking
18. Post-Graduate Diploma in Branch Banking
19. Post-Graduate Diploma in Islamic Banking and Finance
Certificate Banking Courses –
1. Post-Graduate Certificate in Investment Banking
2. Certificate Course in Banking
3. Certificate Course in Banking Management
4. Certificate Course in Drafting and/or Patent Researching
5. Professional Programme in Commercial Banking (PPCB)
6. Advanced Certificate in Banking Laws and Loan Management
7. Certified Bank Manager Programme
8. Certified Information System Auditor (CISA)
9. Certified Information System Security Professional (CISSP)
10. Certified Information Security Manager (CISM)
11. Certified Ethical Hacker (CEH)
12. Financial Risk Management Certification
13. Professional Risk Management Certification
Online Banking Courses
1. Branch Relationship Manager Program
2. Branch Sales Officer Program
3. Consumer Lending
4. Corporate Banking RM and Credit Analysis
5. Credit Risk and Operational Risk
6. Currency and Interest Rate Derivatives
7. Financial Banking Fundamentals
8. Exchange Traded Derivatives
9. Financial Markets AML Compliance
10. Capital Market Fundamental International
11. Equity Research
12. Investment Banking Operation International
13. Issue Management
14. Market Risk
15. Fund Management
16. International Trade and Cash Management Services
17. Investment Banking
18. Finance and Economics Fundamentals
19. Risk Management
After pursuing any of the courses mentioned above, you can work in the following job profiles –
1. Market Analyst
2. Risk Analyst
3. Finance/Financial Manager
4. Investment Banker
5. Account Assistant
6. Money Manager
7. Credit and Risk Manager
8. Stock Analyst
9. Marketing and Sales Manager
10. Insurance Manager
11. Agent and Broker
12. Loan Counsellor
13. Sales Executive
14. Relationship Manager
15. Branch Head
16. Treasurer/Accountant
17. Portfolio Manager
18. Information Security Manager
19. Information Technology Analyst
20. Information Technology Manager
21. Information Technology Auditor
22. Information Security Officer
23. Chief Information Security Officer
24. Cost Consultant
25. Company Secretary Assistant
26. Company Secretary Manager
27. Chief Financial Officer
Many of the reputed institutions in India provide training and education on the banking and finance courses. Some of these are Indian Institute of Management, Ahmedabad; Indian Institute of Management Calcutta; Indian Institute of Management Bangalore; Xavier Labour Research Institute, Jamshedpur; JB Institute of Management Studies, Mumbai; Jawaharlal Nehru University, New Delhi; Institute of Management and Technical Studies, Noida; Amity Business School, Gurgaon; Symbiosis Institute of Banking and Finance, Pune; NIIT University, Rajasthan; Indira Gandhi National Open University, Delhi.
The online courses mentioned in the article are taught by www.learnwithflip.com. While Khan Academy, Massachusetts University of Technology, Yale University, the University of Illinois at Urbana-Campaign, MR University, Modern States provide online banking courses in Banking and Money, Financial Accounting and Investments/Financial Markets, Financial Planning for Young Adults, Principles of Economics (Macroeconomics), and Financial Accounting respectively.
The top online platform Udemy has started banking courses in Banking Credit Analysis Process, Accounting and Finance Banking, Relationship Management in Corporate Banking, Become Top Banker with Complete Bank Teller Training, The Infinite Banking Concept – Privatize Finance, Business Banking 101, Learn Micro Finance and its Models, Become an Expert in Reputational Risk in Banking and Finance, Guide to Banking and Money Transactions for Teenagers. You can find the Udemy courses at www.udemy.com.
Best Books on Banking Courses Books
1. INTERNATIONAL BANKING (CAIIB) by the Institute of Banking and Finance
2. RISK MANAGEMENT (CAIIB) by Indian Institute of Banking and Finance
3. ETHICS IN BANKING by Indian Institute of Banking and Finance
4. HUMAN RESOURCE MANAGEMENT by Indian Institute of Banking and Finance
5. BANKER’S HANDBOOK ON CREDIT MANAGEMENT by Indian Institute of Banking and Finance
6. TAXMANN’S INFORMATION SYSTEM FOR BANKS by Indian Institute of Banking and Finance
7. TREASURY MANAGEMENT (CAIIB) by Indian Institute of Banking and Finance
8. INTERNATIONAL BANKING by Indian Institute of Banking and Finance
9. RURAL BANKING OPERATIONS by Indian Institute of Banking and Finance
10. INSURANCE PRODUCTS by Indian Institute of Banking and Finance
11. MANAGING AND MARKETING OF FINANCIAL SERVICES by Institute of Banking and Finance
12. SECURITIES MARKETS AND PRODUCTS PB by Institute of Banking and Finance
13. SECURITY IN ELECTRONIC BANKING by Institute of Banking and Finance
14. FOR CAIIB CO-OPORATE BANKING by Institute of Banking and Finance
15. INTERNATIONAL BANKING - LEGAL AND REGULATORY ASPECTS by Institute of Banking and Finance
16. CORPORATE BANKING by Institute of Banking and Finance
17. MANAGEMENT AND OPERATIONS OF CO-OPERATIVE BANKS by Institute of Banking and Finance
18. INCLUSIVE BANKING THRO’BUSINESS CORRESPONDENT by Institute of Banking and Finance
19. RETAIL LIABILITY PRODUCTS AND OTHER RELATED SERVICES by Institute of Banking and Finance
20. INTERNATIONAL CORPORATE FINANCE by Institute of Banking and Finance
21. CUSTOMER SERVICE & BANKING CODE AND STANDARDS by Institute of Banking and Finance
22. BANKER’S HANDBOOK ON ACCOUNTING by Institute of Banking and Finance
23. ACCOUNTING AND FINANCE FOR BANKERS by Institute of Banking and Finance
You can find the books in your nearby book store or you can order them at www.flipkart.com.
The cost of banking courses vary according to the institution and the choice of course. Generally, the diploma course fee is INR 44K. For Bachelor’s degree course, it is around INR 14000/- to INR 10 Lacs. These are the courses that you can do if you do not wish to sit for any exams. The career opportunities are excellent. The salary for a fresher is INR 3.5 lacs per annum and with experience and promotions, it can go up to INR 20 lacs per annum.