byGaganDeep
Updated on - 3 Jun, 2024
Certificate Course in Banking is a short-term course with a specific focus on banking operation, banking processing and banking services. This course takes the duration of 6 months to 1 year and aims at offering the basic understanding and practical knowledge to the students for working in the banking and financial services industry. The training areas include account management, loans, credit evaluation, risks management, financial legislations, banking software among others. After the training is over, they are issued with certificate from the training institute or the university.
While some institutes have the provision of accepting student for admission on the basis of 12th standard percentage, there are others who may conduct their own selection test comprising of reasoning ability, quantitative aptitude, English language etc self financed institutes in collaboration with various banks may take into consideration the applicant’s score in the Common Written Exam.
| Feature | Details |
|---|---|
| Full Form | Certificate Course in Banking |
| Duration | 6 months to 1 year |
| Course Level | Certificate |
| Eligibility | 10+2 with minimum 45% marks (Commerce stream preferred) |
| Top Colleges | Indian Institute of Banking and Finance (IIBF), National Institute of Bank Management (NIBM), Indian Institute of Management (IIMs), Welingkar Institute of Management Development & Research (WE School), Symbiosis School of Economics |
| Entrance Exam | Usually merit-based admission, some institutes may conduct entrance exams |
1. Minimum education prescribed for the post is matriculation passed with or without possessing any specialized educational qualification in any stream from a recognized board.
2. It can be therefore useful for graduates in any discipline to apply
3. Overall marks – at least 50% are necessary in academics
4. There is no required age but it is normal to find the participant aged between 18-28 years.
5. It is recommended to have background knowledge of computers.
6. Due to rivalry and increased competition, good communication and analytical skills are useful.
| Subject | Important Topics |
|---|---|
| Introduction to Banking | History of Banking, Types of Banks, Functions of Banks, Banking Regulations, Financial System |
| Banking Operations | Deposit Accounts, Loan Accounts, Cash Management, Clearing and Settlement, Customer Service |
| Retail Banking | Savings Accounts, Current Accounts, Fixed Deposits, Demat Accounts, Loans (Personal, Housing, Car), Credit Cards, Debit Cards, Internet Banking, Mobile Banking |
| Corporate Banking | Corporate Accounts, Working Capital Management, Trade Finance, Project Finance, Cash Management Services |
| Financial Markets | Money Market, Capital Market, Primary Market, Secondary Market, Debt Instruments, Equity Instruments |
| Risk Management in Banking | Credit Risk, Market Risk, Operational Risk, Risk Management Strategies |
| Banking Technology | Core Banking Systems, Digital Banking Channels, Payment Systems (RTGS, NEFT, IMPS), Fintech |
| Banking Regulations and Compliance | KYC Norms, AML/CFT Regulations, SAR Filing, RBI Guidelines |
| Soft Skills for Banking Professionals | Communication Skills, Customer Service Skills, Negotiation Skills, Teamwork, Time Management |
1. This may include education qualification, age limit or any other requirements as may be necessary.
2. The application form can be filled either online or offline depending on the rules and regulations of the institute.
3. Some of these documents may include ID proof, photos, the original and copy of certificates if any.
4. If there are any such fees as application fees and registration fees they should be paid.
5. If needed, turn up for any entrance test/ interview round also.
6. See the list of successful candidates if any from the institute and obtain admission confirmation in case you have been selected.
| College Name | City | Duration | Fees (Approx. per year) |
|---|---|---|---|
| Welingkar Institute of Management Development & Research (WE School) | Mumbai | 6 months | INR 1 - 1.5 L |
| Symbiosis School of Economics | Pune | 6 months | INR 1 - 1.2 L |
| SP Jain Institute of Management and Research | Mumbai | 6 months | INR 1.2 - 1.5 L |
| Indian Institute of Management (IIMs) | Various Locations | 6 months - 1 year | Varies based on course and IIM (INR 1.5 - 2.5 L) |
| Amity University | Noida | 6 months | INR 50,000 - 70,000 |
| Jain University | Bangalore | 6 months | INR 60,000 - 80,000 |
| Christ University | Bangalore | 6 months | INR 70,000 - 90,000 |
| Narsee Monjee Institute of Management Studies (NMIMS) | Mumbai | 6 months | INR 1 - 1.2 L |
| K.J. Somaiya Institute of Management Studies and Research | Mumbai | 6 months | INR 60,000 - 80,000 |
| Institute of Management Studies & Research (IMSR) | Pune | 6 months | INR 50,000 - 70,000 |
| Specialization | Job Title | Average Salary (INR) |
|---|---|---|
| Retail Banking | Customer Service Officer | 2.5 - 3.5 LPA |
| Corporate Banking | Credit Analyst | 3 - 4 LPA |
| Investment Banking | Financial Analyst | 3.5 - 4.5 LPA |
| Risk Management | Risk Analyst | 3 - 4 LPA |
| Digital Banking | Digital Banking Specialist | 3 - 4 LPA |