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Indeed, banking is one of India’s booming industries in the current scenario. Therefore, it is consistent and provides high growth step by step from Trainee Officer to General Manager and so on. Thus, a wide list of banking courses is now being offered by universities across the world. These courses are diversified with a degree, diplomas, and short courses. If you’re looking for a list of banking courses after the 12th, graduation, online, and much more then you are in the perfect place.
Importance of the Banking Courses
Along with the continuous growth of public and private industries, the banking career is only to rise. Banks are always looking for bright candidates who have a combination of technical know-how and soft skills. Some key aspects that a bank looks for in candidates are:
- Adhering to the functions
- Rules and regulations of the banking
- The function of the banking business
- Individual key responsibilities and so on
One of the most competitive, prosperous, and successful industries in the world is banking. As a consequence of this, more and more people want to opt for a career in the banking industry for a stable and fulfilling future. However, there is strong competition among them due to the large number of people competing for jobs at the top banks.
Banking Courses after class 12th
If any student wants to start a banking career after class 12th, then the best option will be to start with clerical jobs. It should be noted, that most of the banks offer the clerical job to a class 12th pass candidate. However, it is recommended for any student to pass their graduation and then start their banking career in order to have more options for their career path. Find below a list of Banking courses after the 12th commerce-
- Banking and Finance
- Banking and Financial Planning
- International Finance and Banking
- Finance and Banking
- Banking and Finance
- Economics with Banking
- Money, Banking, and Finance
Bachelor of Business
- Banking and Finance
- Commerce (Banking and Finance)
Banking Courses after Graduation
A Master’s degree focuses on a particular area of the student’s interest. However, a Bachelor’s degree in Banking trains students about the financial industry as a whole. Bachelors in banking are also educated about portfolio management, global banking services, financial security, and e-commerce. Hence after B.Com. or graduation, you can take the following banking courses:
- Banking and Finance
- Global Banking and Finance
- Islamic Banking and Finance
- Banking and Finance
- Financial Services in Banking
- Finance Banking and Insurance
- Banking and Risk
- Banking, Finance, and Risk management
- Business Economics, Finance, and Banking
- International Banking and Finance
- Global Banking and Finance
- Islamic Banking and Finance
- Master of Law in International Banking
- Master of Banking and Finance Law
- Ph.D. in Banking/Accounting/Finance/Economics/Management Studies
- Ph.D. in Business Administration – Banking and Finance
To Be Noted: A Bachelor’s degree course typically lasts three to four years, whereas a Master’s degree course must last at least two years. It is significant to remember that as per university or college, the course of a particular course may vary.
Short-Term Banking Courses
Certificate and Diploma Courses:
Surely, the latest information skills regarding new specializations in the banking industry are explored by students in diploma and training courses in banking and finance. Additionally, they support banking executives and professionals in developing competence in their particular fields of employment. Equally important, a list of Banking courses included in diploma and certificate programs is shown below:
- Certificate of Finance and Banking
- Certificate in Banking Security
- Diploma in Banking Services Management
- A Diploma in Banking
- Diploma in Banking and Finance Law
- Diploma in Economics and Global Banking
Certification in International Banking Course to fascinate your career
The work done in banking is becoming increasingly specialized. To be competitive and ahead of the curve, a banker must therefore acquire specialized knowledge in several industries in addition to possessing a general understanding of banking operations. For one thing, an international-level aspirational qualification is necessary to achieve the twin goals of closing skill gaps and establishing a system of ongoing professional development. Thus, find below some of the best-demanded Banking and Finance Certification courses:
- Certified Public Accountant (CPA)
- Chartered Financial Analyst (CFA)
- Chartered Mutual Fund Counsellor (CMFC)
- Certified Financial Planner (CFP)
- Chartered Alternative Investment Analyst (CAIA)
- Certified Management Accountant (CMA)
- BAT Course
Why go for Banking Courses?
Evidently, a Chinese philosopher, Confucious has said, “Knowledge without practice is useless. Practice without knowledge is dangerous”. Undoubtedly, banking is a vast industry that demands a thorough understanding of how a bank functions and runs on a daily basis. Additionally, you must have a thorough understanding of banking laws and industry regulations. In addition, you’ll develop knowledge in the following areas as a banking professional:
- examining global stock markets
- guiding advice to investors
- financial deal negotiation
- Developing a budget for several people or companies
- Inspecting current financial data for compliance with legal requirements
To be noted: The turnaround time of a diploma and certification course is usually one or two years and this may differ as per college or university.
List of Banking Courses Online
Due to many commitments and limitations, some students are unable to join full-time classes. in these situations, online banking courses are a saviour. Moreover, as online education grows in popularity, numerous reputable platforms have developed original banking courses. Furthermore, the following is a list of online banking courses:
Banking Course from Alison
- Introduction to Managing your Personal Finance Debts- Revised
- Financial Freedom: A Beginners Guide
Coursera Banking course
- Economics of Money and Banking
- Financial Markets
- Digital Transformation in Financial Services
- Financial Markets and Investment Strategy
Banking Course from Edx
- Foundation of Central Bank Law
- Essential Career Skills for Investment Banking and Finance
- Risk Management and Banking Financial Markets
- Capital Markets
Course in banking from Udemy
- Banking Credit
- Analysis Process
- Relationship Management in Corporate Banking
- Digital Banking Accounting, Finance, and Banking-A Comprehensive Study
Advantages of Online Banking Courses
Students are not bound by a set timetable.
These courses are far less expensive than traditional ones, making them more affordable.
Hands-on with Expertise:
To illustrate, students have the option to learn directly from professionals.
What’s more, learning from specialists allows you to gain domain expertise about what is going on in the field.
Banking Courses provided by the Banks itself
The banking sector is the foundation of a country’s economic development. The banking industry provides certificate courses to both learners and staff. The following banks provide the courses:
State Bank of India (SBI)
Not to mention that it is a multinational, Indian public sector bank that caters to banking, insurance, and financial services to its customers. Yet, it provides numerous courses, such as:
- Certificate program in general insurance
- Training in digital banking business model
- Certificate in relationship marketing strategy for financial services
- Certificate in corporate credit
- Certification in credit risk management
First and foremost, it is an Indian private sector firm that specializes in investment banking, merchant banking, and brokerage, coupled with mutual funds through Yes Asset Management of India. Furthermore, Yes Bank provides the following courses:
- PGP in Branch Banking Services
- PGDM in Banking & Finance
- Certified Financial Planner
- Certificate in Trade Finance Program
Certainly, ICICI bank ltd is a private-sector Indian bank providing equipment finance for the development and modernization of business in non-public sectors. Banking courses offered by ICICI bank are-
- PGD in Banking
- PG Certification Course in Banking
- MBA in Finance and Banking
In fact, the largest private-sector financial service bank in India is HDFC Bank. In particular, the primary business lines of HDFC Bank Ltd. include wholesale and retail banking, credit cards, personal loans, mortgages, and loans for consumer durables. The following are the banking courses that HDFC Bank Ltd. offers:
- Future Bankers Program
- HDFC Trade and Finance program
- Post Graduate Diploma in Banking
Eligibility criteria for banking courses:
If you want to study banking at the undergraduate level, you must complete the following requirements:
- In order to enroll in a banking course, students must have finished their 10+2 from a recognized board or equivalent.
- To be eligible for a banking course, students must have received at least 50% of their marks in secondary school.
- Not to mention that it is not necessary to belong to a specific stream in 10+2 to be a part of a banking program. Similarly, students from any stream can enroll in a banking course. (However, if a student desires to enroll in a banking course then pursuing a bachelor of commerce is a must and a commerce stream in their 10+2. Furthermore, if a student study economics in their higher secondary education, it will help them pursue a banking course.)
- If you are interested in a postgraduate banking course, you must meet the following requirements:
- Individuals must first earn their graduating degree before enrolling in a banking course.
- It adds more value if the degree is in finance or economics, but it could be in any area. It makes little difference whether the background is in science, commerce, or the arts.
- If a person wishes to pursue a post-graduate degree in banking, they must have completed a B.com course as well as have a commerce background in their 10+2.
List of the Banking Courses offered in India and other countries
Of course, candidates from different backgrounds can choose from a wide variety of popular banking courses in India. In another way, in India, numerous schools and institutions offer undergraduate and graduate banking programs. Admission is either determined by merit in the qualifying test or through an institute-level entrance exam. Students are eager to learn about and research the banking industry from a wide range of academic fields, including business, science, and the arts, coupled with humanities. Though, you can pick from a range of programs, including Master in banking degrees and short-term banking courses. To illustrate, a few of the top colleges and universities offering banking courses in India and abroad are :
- Symbiosis College of Arts and Commerce
- Dr. DY Patil University Agra
- Jamia Millia Islamia University, Delhi
- Aligarh Muslim University, Aligarh
- Narsee Monjee College of Commerce & Economics, Mumbai
- Symbiosis College of Arts & Commerce, Pune, etc.
- Middlesex University, United Kingdom
- Nottingham university business school, UK
- University of Dundee
- University of Kent
- Cardiff University, etc.
Scope of a banking career after doing banking courses
Firstly, the Indian economy’s foundation is only the banking industry. Due to the fact that it gives job seekers and students reputable and secure career options, it has currently become the most interesting industry. There is no turning back once a student enters the banking profession, whether it is in the public or private sector. Specifically, a few of the advantages of electing a banking career are as below:
- Furthermore, the banking business has broken up into smaller sectors as technology has advanced. Additionally, mutual funds, corporate credit cards, foreign exchange, insurance, and other things are a few of them.
- Even though, one may feel that these job openings are only for those who are with commerce or maths background. However, these job careers are for all students despite any educational stream.
- As a result, there are many job options in banking that can help students in their chosen fields gain exposure to the worldwide market.
The process to start a banking career with banking courses
Anyhow, if you have any doubt that how to start a banking career, then firstly join either a private sector bank or a public sector bank. However, the recruitment process for the sectors is totally different. The public sector banks are managed by the government hence separate recruitment exams are held for the selection. Below, find some important public sector banking exams:
- State Bank of India Probationary Officer
- State Bank of India Clerical
- IBPS Common written examination for Probationary Officers (IBPS PO)
- IBPS Common written exam for Clerical exam for PSU’s
- RBI Exam
- RBI Assistant Exam
- IDBI Bank executive exam
- Common Written Exam for Regional Rural Banks
- Common Written Exam for Specialists officers
- Nabarad AM exam
- Other Bank exams
- Though every bank has a determined recruitment process. However, the top two exams among banking aspirants are :
- State Bank of India Probationary Officer and clerical exam
- IBPS Probationary Officer clerical exam
All in all, these written exams are further followed by:
- Preliminary exam
- Main exam
- Personal Interview
- Group discussion
Expected salary after doing banking courses
While this may be true that every time you begin a new career, you are regarded as a newcomer in that industry. In the same way, this is true for banking. The following is a general overview of the various pay scales at government sector banks:
- In particular, the pay range begins at INR 8000 and goes up to INR 25000 for a fresher.
- Likewise, an average government banking clerk makes between INR 22000 and INR 25000 per year.
- Altogether, in a government bank, a senior clerk is typically paid a salary of around INR 42000.
- Unlike, a State Bank of India probationary officer typically receives an in-hand salary of about INR 65000.
- Below look for the salary scale for private as well as public sector banking designations withe Salary:
|Designation and Salary|
|Investment Banker with an approximate salary of 9.61 Lakh|
|The Financial Manager with an approx salary of 13 Lakh|
|A Financial analyst with an approximate salary of 4 Lakh|
|Financial Examiner with an approximate salary of 5 Lakh|
|Loan Officer with an approximate salary of 2.5 Lakh|
|A budget analyst with an approximate salary of 7.21 Lakh|
|Auditor with an approximate salary of 5 Lakh|
|Broker with an approximate salary of 3.2 Lakh|
Syllabus of a banking course
Without a doubt, the first step in starting bank test preparations is being familiar with the bank exam syllabus. In order to assess your knowledge, the bank exam officials maintain a consistent format rather than explicitly releasing the bank exam syllabus. In addition, to get a decent result in bank examinations, applicants should concentrate on the seating arrangement, puzzles, data interpretation, reading comprehension, cloze test, numerical series, coding-decoding, para jumbles, and fillers. While there are numerous different types of banking courses offered in India and overseas, there are a few concepts that are taught at all levels. The following are the most common subjects for banking courses:
|Management in Financial Services||Direct and Indirect Taxes||International Banking and Finance|
|Modern Banking Theories||Foreign Exchange||Commercial Bank Management|
|Principles of Finance||Financial Markets in India||Banking Awareness|
|Banking Laws||Economics of Global Trade and Finance||Financial Accounting|
Best Qualities to become a Banker
- Firstly, one should have the best interpersonal skills
- Secondly, good communication skills are a must.
- Additionally, good analytical skills are equally important.
- While this may be true that patience and calmness create perfection.
If any candidate has these listed inner qualities then they can easily pursue a banking career.
Applying the experts’ preparation suggestions will undoubtedly help you pass the SBI, RBI, RRB, and other bank exams with excellent grades.
- The first step in beginning your preparation is to understand the bank exam syllabus.
- Understand the importance of each subject and topic in order to spend your time properly.
- Additionally, to cover the bank exam syllabus, consult the appropriate resources.
- Furthermore, mock tests should be taken on a regular basis to enhance speed and accuracy.
- By all means, to keep on top of the exam trend, solve the prior year’s question papers on a daily basis.
Banking Knowledge Required in 2023
One of the most important options in these fast-changing times is to stay up to date on new advancements in the banking business and learn new skills. To do so, a new or working professional must enroll in a banking certificate course. With this in mind, here are the talents that a banker must learn to have a prosperous career-
Overall, this skill focuses on preparing applicants to deal with clients and assisting them in making informed decisions regarding their accounts.
Consumer Lending: Generally, home loans, personal loans, and vehicle loans are the most common sorts of these loans.
RM and Credit Analysis:
The goal of the skill is to equip individuals to provide analytical support to senior banking workers as well as to notify them of market decisions.
This is an important skill in which students grasp the absolute dangers in the banking business, such as credit risk, market risk, operational risk, liquidity risk, and a brief overview of how to avoid comparable hazards.
Significantly, sales ability enables you to sell a variety of items and services to customers. Nonetheless, you will learn everything from Banking Sales and Customer Service to Customer Service Skills and Complaint Handling.
To Sum Up:
Above all the banking career globally is rapidly expanding. As a result, the banking industry’s role has grown significantly, and it is no longer limited to the basic responsibilities of lending and depositing money. By all means, in the banking industry, modern managerial methods and adequate professional management have evolved.
Meanwhile, banking activities now have a larger societal impact. Because of these and other benefits, the banking industry is the most appealing to young graduates in our country. Hope that the given points about the list of banking courses after 12th, graduation, online will help to educate you about the needs of banking careers and to make you a skilled banker in the long run.
A1: Anyone with a graduate degree can enrol in an online banking course through a professional portal. The eligibility criteria for such courses are normally graduation, however, students can enrol and earn a job solely based on their qualifications.
A2: After completing online banking certification from an institute or a banking degree from any university, you will be qualified for a variety of job positions such as Investment Banker, Financial Manager, Financial Analyst, Financial Examiner, Loan Officer, Budget Analyst, Auditor, and Broker.
A4: The packages for various banking courses vary. However, the typical cost of a banking course from a reputable banking college is roughly INR 30000 to INR 40000, which includes all study materials and other perks. A wide range of banking institutes in India provides a low-budget banking education.
A4: SBI, for example, recruits applicants through banking examinations and interview rounds. However, some private banks recruit candidates without any exams.
A5: An Intern can expect to earn up to $180,000 per year on average.