Course Overview
The "Certificate in Banking Operations" covers essentials of banking systems, financial services, and operations management. It includes modules on banking laws, transaction processes, customer service, and risk management, aiming to equip students with practical skills for banking careers.
Duration:
6 to 12 months depending on the institution and the course structure.
Syllabus (Semester-wise):
The Certificate in Banking Operations course aims to provide students with a comprehensive understanding of banking procedures, financial services, risk management, and regulatory requirements. The course prepares students for operational roles in banks and financial institutions.
Semester 1:
Introduction to Banking: Overview of the banking sector, different types of banks (public, private, cooperative), and the role of banks in the economy.
Banking Operations and Services: Understanding key banking operations, deposit and withdrawal services, loans, mortgages, retail banking services, and customer relationship management.
Banking Regulations and Compliance: Introduction to regulatory bodies (RBI, SEBI), banking laws, KYC norms, anti-money laundering (AML), and data protection regulations.
Payments and Settlements: Overview of payment systems in India, including NEFT, RTGS, UPI, IMPS, and credit/debit card transactions. Settlement processes and clearing systems.
Risk Management in Banking: Introduction to credit risk, market risk, operational risk, and methods to mitigate these risks within banking operations.
Semester 2:
Retail Banking and Financial Products: Understanding retail banking services such as savings accounts, fixed deposits, personal loans, credit cards, and investment products like mutual funds and insurance.
Banking Technology: Core banking systems, digital banking, mobile banking apps, and cybersecurity in banking. Introduction to FinTech and its role in modern banking.
Foreign Exchange Management: Basics of forex management in banks, currency exchange, remittances, and dealing with foreign currency accounts.
Corporate Banking and Treasury Operations: Overview of corporate banking services, managing large accounts, corporate loans, working capital management, and treasury operations.
Capstone Project/Internship: Hands-on training through internships or project work in banking operations, providing real-world exposure to banking processes.
Average Fees:
₹20,000 to ₹1,00,000 depending on the institution, course depth, and resources offered.
Exams to Attend:
Students are required to pass internal assessments, semester-end exams, and project work conducted by the institution. In addition, students may appear for industry-recognized certifications such as:
NISM-Series-VII: Securities Operations and Risk Management Certification
Certified Banking & Credit Analyst (CBCA)
Indian Institute of Banking and Finance (IIBF) Certifications
Ten Most Ranking Institutions Combined Ranking in India:
National Institute of Securities Markets (NISM), Mumbai
Indian Institute of Banking and Finance (IIBF), Mumbai
Institute of Banking Personnel Selection (IBPS), Mumbai
Amity University, Noida
Manipal Global Academy of BFSI, Bangalore
Symbiosis Institute of Business Management (SIBM), Pune
Welingkar Institute of Management Development and Research, Mumbai
NIIT Institute of Finance Banking & Insurance Training Ltd (IFBI), New Delhi
Indian School of Business (ISB), Hyderabad
ICICI Manipal Academy for Banking and Insurance, Bangalore
Top Ten Institutions in Kerala:
Rajagiri Business School, Kochi
Cochin University of Science and Technology (CUSAT), Kochi
Farook College, Kozhikode
St. Teresa’s College, Kochi
Sacred Heart College, Ernakulam
Kerala Institute of Banking and Management, Thiruvananthapuram
Mahatma Gandhi University, Kottayam
St. Joseph’s College, Devagiri, Kozhikode
Mar Ivanios College, Thiruvananthapuram
Kerala University, Thiruvananthapuram