About Banking Course

Banking Course

A banking course develops various skills in an individual. It trains him in the areas of man-management, resource management, planning, funding operations, handling of loans and profit generation. Merchant banking another field of banking study involves investment management like handling of public issues, mutual funds, international funds, acquisitions and mergers and more. Treasury and Forex Management is also an important branch of banking and play a pivotal role in the global economy. With the boom in communication, banking is becoming increasingly technology savvy. The scope for career development in banking sector is also immense. Banking courses in India are conducted by several institutes and colleges.

Banking Course Benefits

The industry designed curriculum for banking courses includes the following subjects:

• Operations Management,
• Micro and Development Finance,
• Marketing,
• Human Resource Management
• International Finance
• Strategic Planning
• Information Technology

After the completion of a banking course one can hope to be absorbed in a bank as middle level executive officers. A good banking course will give an individual the ability to motivate people, have profound knowledge about monetary control, foreign exchange, currency values, treasury management and other allied fields of study.

Banking Course Institutes in India

In India the following institutes offer banking courses as a part of their curriculum

• National Institute of Bank Management ( NIBM), NIBM Post Office, Kondhwe Khurd, Pune- 411048 . Website : www.nibmindia.org
• Centre for Advanced Financial Studies, Institute for Financial Management & Research ( IFMR), 24 Kothari Road,Nungambakkam, Chennai- 600 034. Website : www.ifmr.com
• The Indian Institute of Banking & Finance, The Arcade, World Trade Centre, 2nd Floor, Tower 4, Cuffe Parade, Mumbai-400 005. Website : www.iibf.org.in
• University of Madras, Centenary Buildings, Chepauk, Chennai-600005.
• The Aligarh Muslim University, Aligarh-202 002
• Utkal University, PO Vani Vihar, Bhubaneshwar-751 004.
• Annamalai University, PO Annamalai Nagar-608 002, Tamilnadu.
• Sri Venkateshwara University, Tirupati-517 502.
• SNDT Women's University, 1, Nathibai Thackeray Road, Mumbai-400 020.
• University of Rajasthan, Jaipur-302 004.
• Institute for Development and Research in Banking Technology, IDRBT
• Castle Hills, Road 1, Masab Tank, Hyderabad 500057 Website : www.idrbt.ac.in

Banking Course Scope in India

The Reserve Bank of India as well as all the other nationalized banks in its fold recruits personnel in the following grades:

• Clerical Grade
• Grade A Officers
• Grade B Officers

A candidate can also be recruited in nationalized banks as Probationary Officers. Banking jobs are also available in the Treasury and Forex Department, Merchant Banking Department and Foreign Exchange Departments of various banks. Banks in the private sector employ personnel as Credit Control Manager, Corporate Banking Executive, Relationship Managers and Customer Care Executives.

Banking Courses Scopes Abroad

Outside India, an individual who has undergone the rigors of a banking course can get lucrative jobs like that of a Project Finance Manager, Equity and Fixed Income Settlements Specialists, Commercial Finance Manager, Compliance Officer, Corporate Banking Trade Analyst, Cash Management Operator and Consumer Banking Asset Operator. One can also look for various other job profiles like Business Analyst, Market Risk Analyst, Corporate Banking Credit Analyst, Consumer Banking Asset Operation Manager, Forex Head and Corporate Banking Branch Head, in banks like ABN AMRO, Deutsche Bank, Barclays Plc, HSBC, Citi Bank N.A. Dresdner Bank, Goldman Sachs, Lehman Brothers, Standard Chartered Bank, Royal Bank of Scotland and others.