Description
BFSI: Banking and Insurance
This is a mini MBA or domain knowledge Course where you will understand all the basic functions and operations of the industry. The step by step approach is useful for any MBA students or working professionals. This course is useful at any level junior,entry level to aspiring Manager or top management.
This is useful and equivalent to any Post Graduate Diploma or specialised MBA course material. The course is developed by industry experts and experienced professionals
Banking Operations and Domain Management
Description
Take the next step in your career! Whether you’re an up-and-coming professional, an experienced executive, aspiring manager, budding Professional. This course is an opportunity to sharpen your banking theories, its functions and banking operational elated detailed information, increase your efficiency for professional growth and make a positive and lasting impact in the organization.
With this course as your guide, you learn how to:
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All the basic functions and skills required for the banking operations.
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Transform your knowledge about understanding the banker and customer relationship skills and different types of the banking system in an efficient way for the current banking operation.
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Get access to recommended templates and formats for common types deposits account.
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Learn useful case studies, banking practices and demonstrations of different banking sector reforms with useful forms and frameworks
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Invest in yourself today and reap the benefits for years to come
The Frameworks of the Course
Engaging video lectures, case studies, assessment, downloadable resources and interactive exercises. This course is created to Learn about banking practices and theories its functions, objectives and responsibilities. How to understand the role of banks in the economical environment.
This course covers the essential concepts and practices in managing the banking domain. It provides a comprehensive understanding of the banking industry, its functions, regulations, and challenges. The course focuses on equipping learners with the necessary knowledge and skills to effectively manage banking operations, mitigate risks, and enhance customer satisfaction.
Key Highlights:
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Explore the fundamentals of the banking domain
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Understand the various types of banking institutions
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Learn about banking products and services
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Gain insights into regulatory compliance in the banking sector
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Develop strategies for effective risk management
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Enhance customer relationship management in banking
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Discover the future trends and innovations in banking
In the first part of the course you’ll learn the most common banking theory and practices, its different types of banking accounts, different types of deposits
In the middle part of the course you’ll learn about loans and advances, bank and cash management system, different types of the negotiable instruments. You will gain the knowledge about the banking reforms.
In the final part of the course you’ll develop the ability analyze the capital adequacy, non-performing assets and core banking solutions. You will get full support and all your querries would be answered guaranteed within 48 hours.
Course Content:
Part 1
1. Introduction and Study Plan
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Introduction and Study Plan and Structure of the Course
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Introduction to Bank
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Meaning and Nature of banks
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Functions of commercial banks
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Agency functions and general Utility functions.
2. Role of banks in the development of the economy
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Introduction.
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Role of banks.
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Role of banks in Indian Economy.
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Financial Inclusion.
3. Indian Banking System
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Introduction.
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History.
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Classification of banks.
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Present scenario of banking sector in India.
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Reserve bank of India- Role and Functions.
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Techniques of Credit Control.
4. Credit Creation.
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Introduction
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Meaning
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Process of credit creation
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Limitations of Credit creation.
5. Banker Customer Relationship.
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Introduction.
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Various types of relationship
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KYC Norms
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Special types of accounts
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Mandate and power of Attorney
6. Types of Deposit account
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Introduction
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Process of opening bank account
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Welcome kit(Pay in slip)
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Cheque Book and Passbook.
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Forms of Passbook.
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ATM cum Debit card.
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Advantages of bank account.
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No Frills Account.
7. Loans and Advances
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Introduction
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Types of Loans
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Principles of good lending
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Loans procedure followed by banks.
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Nature and characteristics of Loans granted.
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Factors influencing loan policy.
8. Banking system
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Introduction
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Corporate Banking
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Retail Banking
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Merchant Banking
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Treasury Management
9. Cash Management System
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Introduction
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Evolution and Need of Cash Management Services (CMS)
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Concept of Cash Management Services for Corporate Entity in India
10. Negotiable instruments.
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Introduction
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Cheques
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Bills of Exchange
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Promissory Note
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Holder
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Paying Banker and Collecting Banker
11. Banking Sector Reforms
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Introduction
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First generation reform s
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The second phase of reforms.
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Liberalization of Banking Sector.
Part 2
12. Capital adequacy
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Introduction
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Capital Adequacy in Indian Banks
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Basel II Norms (New Capital Adequacy Framework)
13. Non performing assets
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Introduction
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Meaning of Non Performing Assets
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Conceptual Exposition of Non-performing Assets (Advances
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Classification of NPAs
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Provisions for NPAs
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Management of NPAs
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Suggestions to contain NPAs of Commercial Bank in India
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Steps taken by the Government and the RBI on NPAs
14. Core banking solutions
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Introduction
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Core Banking
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Real Time Gross Settlement (RTGS
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National Electronic Funds Transfer (NEFT)
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Electronic Funds Transfer (EFT)
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Asset Liability Management (ALM)
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Anti-money Laundering (AML)
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E-Banking and Benefit of E Banking.
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E-Cheques
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Cheque Truncation
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Global Banking Activities
15. Assignments
· How can we explain the different types of the deposit according to the requirements?
· What is Indian Banking system? Explain the role of banks in an economic development.
· Describe banking system and cash management system. What are the various types of the crucial negotiable instruments?
· Practice Test 1
· Practice Test 2
Insurance and Risk Operations and Domain Management
Description
Take the next step in your career! Whether you’re an up-and-coming professional, an experienced executive, aspiring manager, budding Professional. This course is an opportunity to sharpen your insurance concepts, its functions and insurance sector related detailed information, increase your efficiency for professional growth and make a positive and lasting impact in the organization.
This course provides a comprehensive understanding of insurance operations and domain management. It covers the core concepts and principles of insurance operation, including underwriting, claims management, policy administration, risk assessment, and premium calculations. Furthermore, it delves into the intricacies of insurance domain management, highlighting the importance of effective domain management strategies and practices in the insurance industry.
With this course as your guide, you learn how to:
-
All the basic functions and skills required for the insurance sector operations.
-
Transform your knowledge about understanding the insurance agent and customer relationship skills and different types of the insurance plans policies in an efficient way for maintaining a proper customer satisfaction.
-
Get access to recommended templates and formats for common types deposits account.
-
Learn useful case studies, insurance and risk management and demonstrations of different insurance plans types with useful forms and frameworks
-
Invest in yourself today and reap the benefits for years to come
The Frameworks of the Course
Engaging video lectures, case studies, assessment, downloadable resources and interactive exercises. This course is created to Learn about insurance and its types its functions, objectives and responsibilities of the insurance companies. How to understand the need of insurance and importance of insurance markets.
Nature of the life insurance and its policy types. Details about the types of the bonus and the surrender value. Factors influencing the demands for insurance. Non-life insurance and its policy types about marine, motor insurance and fire insurance. This video will also help to understand the different types of the life and non-life insurance policy types.
Key Highlights:
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Gain insights into the fundamental concepts of insurance operations
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Learn about underwriting, claims management, and policy administration
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Explore risk assessment and premium calculations in insurance
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Understand the significance of effective domain management in the insurance industry
What you will learn:
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Comprehensive understanding
Develop a thorough knowledge of insurance operations and domain management, covering essential concepts, processes, and strategies. -
Core principles
Learn the core principles of insurance operation, including underwriting, claims management, premium calculations, and policy administration. -
Risk assessment
Explore the techniques and methodologies involved in assessing risks associated with insurance policies and portfolios. -
Effective domain management
Discover the importance of efficient domain management practices in the insurance industry and learn strategies for successful implementation.
In the first part of the course you’ll learn the most common introduction of insurance, brief history of insurance, need and the different types of the insurance, role of insurance in economic development, IRDA and Indian insurance market.
In the middle part of the course you’ll learn about life insurance non-life insurance and their policy types. You will gain the knowledge about the health insurance and its roles also.
In the final part of the course you’ll develop the ability analyze the details about insurance customers and the risk management. You will get full support and all your querries would be answered guaranteed within 48 hours.
Course Content:
Part 1
1. Introduction and Study Plan and the Unit 1.
· Introduction to Insurance
· Introduction and Study Plan and Structure of the Course
· Introduction to Insurance
· Brief History of Insurance
· Highlights of Indian Insurance (Important milestone in the life insurance business)
· Need for Insurance.
· Types of Insurance
· Importance of Insurance Industry.
· Role of Insurance in economic development.
· Insurance and Social security
· Reforms in Insurance sector.
· IRDA’s Mission
· Recent Initiatives taken by IRDA.
· Privatization and Liberalization in India.
· Liberalization
· Indian Insurance Market
· New Entrants to Indian Insurance Market.
2. Life Insurance Nature and Policy types
· Nature of life insurance
· Principles of life insurance
· Terms used in insurance
· Life insurance products and schemes
· Various schemes
· Characteristics of an insurable risk
· Role of insurance
· Factors influencing demand for insurance
· Nomination and assignment of policy
· Types of bonuses
· Types of surrender value
3. Non-Life Insurance and Policy types
· Features and benefits of fire insurance
· Types of fire insurance in india
· Loss of profit policy in fire insurance
· Marine insurance
· Benefits of marine insurance plan
· Motor insurance
· Benefit of motor insurance policy
· Personal accident policy
· Fidelity guarantee insurance
· Fidelity insurance covers
· Medi claim and health insurance
· Double insurance and reinsurance
· Certificate of insurance
Part 2
4. Insurance Market: Life and Non-Life Insurers Firms in India
· Life Insurance Companie
· Non-Life Insurance Companies
· Life Insurance Corporation of India
· General insurance corporation of India.
· The new india assurance company limited
· United india insurance company limited
· Agriculture insurance company of india limited
· Role of insurance agents and brokers
· Insurance surveyors
· IRdai (insurance surveyors and loss accessors) regulations, 2015
· Medical examiners
· Third-party administrator
· Role of tpa in health insurance
· Irda’s mission
· Insurance regulatory and development authority (irdai)
· Competition act 2002
· Regulations issued by irda
· Legal framework for insurance business
· Powers of the tac