Indian Banking Sector – Growth opportunities and how to stay relevant

Posted on March 28, 2018Categories Education, Financial Markets, Investment Banking   Leave a comment on Indian Banking Sector – Growth opportunities and how to stay relevant

Current trends

The disposable income among urban and rural population has been steadily increasing over the past several years, and as a result, there has been an upsurge in spending, saving and deposits. Government in India, recognizing this unprecedented opportunity, has been making access to the banking system easier and simpler in the recent years.

The banking sector is about to get a further impetus and become an even more important player in the financial sector, as Government of India unveils a 2-year plan to reinvigorate the public sector through reforms and capital infusion of Rs 2.11 lakh crore (USD 32.5 billion).

Future prospects

With the government continuing to invest heavily in infrastructure, pushing for rapid project executions and introducing pro-growth reforms – Indian economy is all set for robust growth.  Consequently, the banking sector will receive a boost since the fast growing businesses would turn to banks for their credit needs.

It’s no wonder then that KPMG-CII, in their joint report, evaluated that India is on a trajectory to become the fifth largest banking sector globally by 2020.

What this means for you?

This is the best time to be a part of the Indian Finance and Banking sector.

The talent need for the sector will be higher than ever to meet the demands of the growing Indian economy.

According to a recent report by the National Skill Development Corporation (NSDC), the banking industry will likely employ about 14 lakh people by 2022.

With the rising use of technology in banking services, employers are looking at a wider set of skills from the employees to help manage banking operations efficiently, mitigate risks and enhance productivity while keeping the cost low.

Gearing up for opportunities

If you are keen to positively contribute and grow in the Indian Banking sector, then why not pursue a course to learn the finer aspects of Banking and Finance?

Introducing BSE Institute’ Post Graduate Program in Banking and Finance.

In this 10-month course, you will get thorough knowledge of banking operations, FOREX markets, international trade and finance, bank credit, legal environment of banking and IT systems in banking. The course is split in two semesters comprising 20 subjects and a project. Apart from extensively training students in all things banking and finance – the program hones your analytical and decision making ability, communication skills and self-confidence, while helping you become a better leader and manager adept at handling diverse financial projects.

Students will learn functioning of financial markets, interest modeling, risk management, credit management, inflation, monetary and fiscal policies, commercial banking operations, financial statements, accounting guidelines, wealth management and many other subjects.

The seasoned faculty members at BSE Institute LTD take on the mantle of instilling practical knowledge while developing business acumen and innovative thinking in the students. BIL’s rich legacy spans over 24 years, in which over 8000 students have graduated to become successful finance professionals.

Which roles can you take up?

The course equips students to successfully contribute to any of the leading national or privatized banking and financial institutions as a Probationary Officer / Management Trainee.

If you are interested in BSE Institute’s Post Graduate Program in Banking and Finance, please visit pgpbf.bsebti.com.

4 Reasons Modern Finance Professionals Will Love BSE Varsity

Posted on March 27, 2018Categories General   Leave a comment on 4 Reasons Modern Finance Professionals Will Love BSE Varsity

Are you a suave Finance professional who is always crunching numbers in his head – even when on the move? Or are you a student looking to develop finance fundamentals and build expert knowledge?

If you’re keen to stay abreast of the latest best practices in areas such as Stock Trading, Mutual Funds, Balance Sheet, Banking, Trading, Tax Liability, etc while managing your taxing schedule, then the online courses offered by BSE Varsity can help you achieve your career objectives. BSE Varsity is an online learning arm of BSE Institute Ltd, a 100% subsidiary of BSE Limited.

Here are top reasons aspiring Finance professionals and experienced practitioners alike will love BSE Varsity:

Nearly 50 online finance courses to choose from

Whether you’re a student, entry-level graduate or an experienced professional, you can still learn the trick of the trade and become an expert in the field of finance using the courses offered by BSE Varsity. The online institute is devoted to teaching financial excellence across 50 diverse subjects ranging from Mutual Funds, Stock Markets, Balance Sheet, Annual Report, Banking Programs and much more. The courses, conducted over WebEx, are of 6 hours duration, spanning 3 weekends. Upon completion of the course, all students will be eligible to receive a certificate from BSE Varsity.

Cutting edge content, created by experts

For over 20 years, the seasoned faculty at BSE Institute Ltd (BIL) has been working on providing real-world insights to students in an effort to share the practice of business in financial markets in India and overseas markets. BSE Varsity directly benefits from this vast body of work created by BIL. Professionals that are looking to deepen their subject matter knowledge and learn new paradigms from Finance sector can augment their skills with the specialized courses offered by BSE Varsity.

Affordable cost, great value

With our courses starting as low as Rs 1999, BSE Varsity ensures that both students and professionals can derive great value and insights without putting a dent in their pockets. The online institute is devoted to be at the forefront of practicing finance, and this has led us to create programs that simulate and teach practices from real-world workplace scenarios from banking and finance vertical.

Join a community of finance professionals

The connections students make during BSE Varsity’s online course will last throughout their lifetime. New connections bring in different viewpoints and thus enhance collective learning. The alumni are likeminded finance enthusiasts working with some of the most respected companies in the world.

With online courses proliferating, it has become much easier for professionals to pursue a certification course, without sabotaging their day job. BSE Varsity is a boon for professionals who are busy, always on the move and still want to become finance specialists.

Interested? Please visit BSEVarsity.com to go through the online courses

New Zealand’s banks are having a whale of a time – here’s why!

Posted on March 26, 2018Categories General   Leave a comment on New Zealand’s banks are having a whale of a time – here’s why!

You read that right! New Zealand banks have never had such a good run! Banks are raking in record profits – profits so high that even Chinese banks are setting up shop here. A country  with a population of just 4.7 million people, is currently the best place in the World to pursue a career in Banking and Finance.

New Zealand has always been a country that has embraced the latest technology and trends before they become popular across the globe. Successive New Zealand Governments have had a singular vision of adopting the most trade friendly policies, which has made New Zealand a preferred market for pusuing business opportunities.

In the digital age, everything including manufacturing, banking, services and governance has been completely revolutionized and New Zealand has adopted all the latest tech with ease. In fact, it is one of the few countries where new innovative products/ ideas are tested.

Having an advanced economy and the most business friendly laws, has helped New Zealand attract a lot of foreign capital from global manufacturing giants and other MNCs in the service industry. All major MNCs that are leaders in their industry have at least one office in New Zealand, which sometimes serve as regional head offices reporting directly to Global Head Quarters. This has resulted in a lot of demand for allied service industries such as IT, KPOs, Banking/ Finance, Auditors and other ancillary firms which can help the MNCs manage their business operations. Of the ones mentioned above, banking and financial services are the most important services that businesses need.

Most global MNCs have international banks supporting them for every major function such as – Mergers & Acquisitions, Investment Banking, Tax Consulting, Auditing, Equity investing, etc. Most MNCs sign international deals with their banks in order to get these services in every country that they operate in. This has thus made every global bank open its offices in New Zealand to service their clients who operate here.

The banking sector has made record profits in FY2017 – the highest in 3 decades! It indicates the stability of the economy, strength of corporate balance sheets and improved assets quality. This has attracted many new bankers, especially from China. Recently the China Construction Bank, the 3rd Chinese Bank, was incorporated and registered by the Reserve Bank of New Zealand.

These global banks have the option of staffing their offices with people from other countries, but they usually avoid it as it’s expensive to move employees across the globe. The second option that they have is recruting local talent. Most HR managers would agree that hiring in New Zealand is not a tough task considering the excellent quality of education that is offered by its Universities. Most Univesities here are regularly featured in media articles highlighting the excellent courses and curriculum offered by them.

The University of Otago is an institution that head and shoulders above the rest. It is New Zealand’s 1st University and has an illustrious history of over 149 years. It’s anybody’s guess as to how respected the University hence is! It has a strong alumni network of over 100,000 students who are placed in 140 plus countries across the globe. With over $150 million in external funding, it offers an excellent atmosphere to those looking to innovate and make a positive difference in the World. With over 190 courses in offer, students are spoilt for choice when it comes to building a successful career in an industry.

In this particular context, it offers a 1 year Masters in Finance in affiliation with BSE Institute Ltd. BSE Institute Ltd is a 100% subsidiary of BSE Ltd, which is India’s first and the world’s fastest stock exchange. BSE is also thee world’s largest stock exchange. The course and the university is perfect for those looking to get a good start in the banking and financial sectors.

By joining the banking sector at a time when it’s on a high, professionals can be assured of a promising and an international career.

GFMP: Giving you an unassailable edge

Posted on March 22, 2018Categories Undergraduate Courses   Leave a comment on GFMP: Giving you an unassailable edge

The importance of developing appropriate financial markets in promoting economic growth can be hardly overemphasized. There is a growing recognition among bankers around the world that a well-functioning financial market enables efficient use of market based instruments of monetary policy by improving interest rate signals in the economy.

Financial market development is a complex and time-consuming process. There are no short cuts for developing well-functioning markets with depth and liquidity. Most fresh graduates, with a theoretical base, are ill-equipped to comprehend and respond to the growing challenges of a burgeoning economy.

How does one supersede this challenge? One way is to opt for a career-ready degree which is tailored to give you deeper understanding of the subject matter, such that your work becomes a natural extension of your learning.

A versatile solution

Global Financial Markets Professional (GFMP) Program is a program offered by Bombay Stock Exchange Institute Limited, to provide student’s knowledge about Cash, Derivatives, Mutual Funds & Banking Coordinates, covered in 4 semesters followed by 1 semester of industrial practice.

The programme is intended to provide ‘breadth of knowledge’ to make it relevant to people pursuing careers in the middle office and operations areas. The course content places an even emphasis on introducing and explaining the key concepts of each subject area to develop candidates’ practical knowledge and skill sets.

Considering the dynamic growth of the financial markets in the past few decades, it has become highly essential to set standards of practice and to identify professionals who will adhere and uphold them. BSE Institutes, via the GFMP program, focuses on offering the distinct advantage of being trained by the best in the industry in the most relevant aspects of the financial markets.

The Key Features of GFMP program are:

  • 6 months industry practice ingrained in the program
  • Learning from the masters
  • Cutting-edge curriculum
  • Faculty from the industry and academia
  • Benefit of getting one-on-one attention
  • Course offerings concentrate on specialist skills in Financial Markets
  • Taught by experienced faculties with more than 30+ years of experience
  • Specially concentrates on developing students’ leadership skills
  • Enables students to experience 360-degree learning experience

Differentiators that matter

Key takeaways such as sharing experiences with industry veterans to gain valuable knowledge which is not privy to industry outsiders, personalized attention, industry exposure, set you in the right stead for bigger challenges ahead. This means that by the time you are ready for your first job, you are much better equipped than most of your contemporaries and therefore enjoy a natural advantage. Over time, you will certainly prove to be a standout, and will be sought after for your unmatched industry expertise and knowledge. You might even don an advisory role for policies and practices, to become a potential game changer.

Want to know more about #GFMP at #BSE Institute? Visit http://gfmp.bsebti.com

 

Choosing to work in Australia can be your best decision of 2018

Posted on March 22, 2018Categories MBA   Leave a comment on Choosing to work in Australia can be your best decision of 2018

Yes you read that right! Working in Australia can be the best decision you make in 2018. As a country abundant in natural resources, a population less than that of Mumbai and an area more than 2.5 times of India, Australia is truly a “Land of Opportunity”.

A lot of the Australian landmass is unoccupied by humans and this makes it one of the most sparesely populated countries in the World. It is rich in natural resources and minerals, which makes it an important manufacturing hub that is located close to Asia, Africa and both the Americas. Australia is said to be sitting on mineral reserves which are pegged to be worth over $20 trillion!

Due to a small population, Australia is one of the most advanced manufacturing hub, which gives an excellent quality of life to its citizens. With a GDP of $1.7 trillion, Australia is the 14th largest economy in the World, but is the 2nd richest country in the World in terms of wealth per adult. It has the highest median wealth per adult in the World at $220,000. Australia’s per capita GDP is greater than those of UK, Canada, Germany, and France.

Australia has not had a recession for the last 26 years! Incredible, isn’t it?! As an advanced economy, Australia has done quite well for itself as it has invested heavily in educating and adequately skilling/ training its population to meet the needs of its economy. Australia is a major Global Business Hub with a strong economy.

The service sector accounts for over 70% of the GDP, with Financial Services accounting for a major part of it.

Australia is said to pay the highest average salary in the financial services sector in all of Asia Pacific – $98,400/ annum. Average salaries across various Australian territories are as follows Tasmania – $103,561 ; South Australia – $102,259 ; New South Wales – $91,549 ; Australian Capital Territory – $82,497 ; Western Australia – $86,096 ; Victoria – $86,263 ; Queensland – $94,369.

As an economy that has been growing robustly for the last 26 years, Australia is in constant need of educated professionals who can manage multiple roles in the financial services sector. In order to attract the best talent, Financial Services salaries have risen significantly and a Financial Analyst with the right skills, experience and education can easily get up to $112,000 per annum.

Studying in an Australian University is one of the best ways to land a job in the financial services sector. Australian Universities are at par with all major Ivy League Universities and their courses impart the most relevant industry knowledge and skills. No list of top Australian Universities is complete without the University of Western Sydney. BSE Institute Ltd & the University of Western Sydney jointly offer a 2 year MBA for students interested in the BFSI sector. Students completing the course are fluent in major Financial topics such as Global Markets, Investment Banking, Private Equity, Technical & Fundamental Analysis, Venture Capital, Derivatives, etc.

Due to the excellent performance of students and strong support from the University, students have been bagging salaries of over $50,000/ annum right after college.

There is a lot more information that we would like to share. You can know more about this by clicking here. Australia is truly a land of opportunity and one of those rare countries which is constantly on the lookout for skilled talent. Having the right skills, education and network can easily help you succeed in Australia. This can be your best decision of 2018, if you choose Australia.

Global Financial Market Professionals (GFMP), and how you can ace it with the BSE Institute edge

Posted on March 21, 2018Categories Undergraduate Courses   Leave a comment on Global Financial Market Professionals (GFMP), and how you can ace it with the BSE Institute edge

With the recent developments in national and global financial markets, the demand for professionals with financial market qualifications has also increased manifold. Today’s financial organisations look for individuals that have profound knowledge of the field and can handle the dynamism as well as lead the firm efficiently through the evolving scenarios. Therefore, the innovations and technological changes as well as the globalization of financial markets demand highly qualified professionals, who can face the challenges of corporate businesses. Moreover, the market demands professionals who can represent the organisation in a positive and favourable way and convince the clients that the company has the greatest competences to manage his/her/their funds.

Therefore, in order to empower modern professionals and make them capable of meeting the evolving demands of the financial world, BSE Institute has created the Global Financial Market Professionals (GFMP) program. The program is designed to help candidates strive in the swiftly transforming financial markets. It prepares the students by teaching them the skills needed to make fast decision through analytical and computation ability. BSE Institute’s globally benchmarked course curriculum prepares the students for the following type of professions on the global front:

  • Treasurer
  • Risk Manager
  • Wealth Manager
  • Audit Consultant
  • Research Analyst
  • Financial Advisor
  • Portfolio Manager
  • Technical Analyst
  • Investment Banker
  • Investment Analyst
  • Credit Risk Manager & more.

Advantages of doing GFMP at BSE Institute:

Learn for the World Leader: Established in 1875, Bombay Stock Exchange (BSE) is the oldest and topmost stock exchange in India. Also, it is the world’s largest stock exchange in terms of listed firms. And with BSE Institute Ltd. They have ventured to create qualified professionals for the financial world. Institute is at the centre of action and the same reflects in the course content as well.

Learning in Practice

The classroom sessions are an enriching experience with a combination of active case study debates and practical exercises. The students are encouraged to go inside the issues that matter, and learn to explore for the knowledge and skills. This aids in inculcating confidence in the students to analyze and solve complex situations. As a result, in every session and activity the students are not only able to develop new skills, but also to demonstrate those.

Blended Learning

BSE Institute’s blended learning programs offers the benefit of face to face as well as technology-based learning. Thus, students gain a solid knowledge of the fundamental quantitative tools that include:

  • Applied Economic Theory
  • Probability and Statistics
  • Financial Modelling
  • Current Case Study Analysis
  • Securities Law, etc.

All of these courses are extremely important in the financial industry.

Technical Knowledge & Soft Skills

For any individual looking to venture in this field, it is crucial to have good technical knowledge. Moreover, it is essential for the student to be well versed in their soft skills i.e., communication and presentation skills. Keeping this in mind, BSE Institute has designed the program with a combination of theory sessions, practical learning along with internships. This helps the students to develop a wholesome understanding of the subject.

Ample Job Opportunities

After doing this course at BSE Institute, candidates have several professional opportunities in:

  • Banks
  • Securities Firms
  • Insurance Companies
  • Financial Planning
  • Pension Planning and Mutual Funds, etc.

Moreover, they can operate independently by starting their own consultation firm to assist customers in the investment process, and develop a strong customer base.

Want to know more about #GFMP at #BSE Institute? Visit http://gfmp.bsebti.com.

#JobOpportunities

Capital markets and its advantages in real economic world

Posted on March 12, 2018Categories General   Leave a comment on Capital markets and its advantages in real economic world

Capital markets have, from their primary role of being the space where trading of securities occurs, widen their ambit since their percolation across global economies. Well-developed capital markets generate many economic benefits, including higher productivity growth, greater employment opportunities, and improved macroeconomic stability, and a broad sector of other tangible and intangible value-adds.

Advantages of capital markets 

Broadly speaking, the development of the capital markets has led to two major sets of economic benefits. First, it has improved the allocation of capital. Because the prices of corporate debt and equity are very sensitive to shifts in demand and supply, changes in the outlook for an industry are quickly accounted for in current asset prices. The signal created by such a price change encourages (i.e., by higher prices) or discourages (i.e., by lower prices) capital inflows into the industry (and/or company). The resultant? Businesses with high returns attract additional capital quickly and easily, opening up possibilities for them to scale up and expand. When returns drop due to added capacity or a decline in demand, prices go south, and this signal causes investors to cut the flow of new capital to that industry.

Second, the development of the capital markets has helped distribute risk more efficiently, enabling healthier hedging. Part of the efficient allocation of capital is the offset the risk to those best able to bear it — either because they are less risk averse or because the new risk is canceled out by their portfolio. This ability to transfer risk facilitates without destabilizing the economy is the perfect strategic coupe capital markets are capable of achieving.

The improved allocation of capital and risk sharing facilitated by capital markets has led to superior economic performance.

In the Indian context

The capital market is a vital to any financial ecosystem, and proves to be the throbbing capitalist pulse of the country. Economic reforms further facilitate the government to bring about economic and governance-related interventions. The Indian capital market is also undergoing structural transformation since liberalisation. The chief aim of the reforms exercise is to boost market efficiency, increase transparency in trading, curb unfair trade practices and to bring our financial markets on par with international standards. Further, the consistent reforms in Indian capital market, especially in the secondary market resulting in modern technology and online trading, have revolutionized the stock exchange. A new era awaits us!

Capital market has a crucial significance to capital formation. For a speedy economic development, adequate capital formation is necessary. Some advantages of a robust capital framework:

  1. Mobilisation of Savings and Acceleration of Capital Formation

In developing countries like ours, the significance of capital market is paramount. In this market, various types of securities help mobilise savings from various sectors.

  1. Ready and Continuous Market

The stock exchange acts like a common ground where buyers and sellers can easily purchase and sell securities, resulting in easy marketability owing to greater liquidity.

  1. Technical Assistance

Capital markets help bridge the gaping technical gap, by offering advisory services relating to preparation of feasibility reports, identifying growth potential and training entrepreneurs in project management.

  1. Raising Long – Term Capital

The stock exchange resolves clash of interests by offering an opportunity to investors to buy or sell their securities, while permanent capital with the company remains unaffected.

  1. Foreign Capital

Generation of foreign capital is another massive advantage, in form of bonds and other securities. Government has liberalised Foreign Direct Investment (FDI) in the country, which enables inundation of foreign capital and foreign technology.

  1. Easy Liquidity

With the help of secondary market investors can sell off their holdings and convert them into liquid cash.

  1. Revival of Sick Units

Timely intervention of financial Institutions results in recovery of viable sick units. The stock exchange is a central market through which resources are transferred to the industrial sector of the economy. This gives more impetus to people to invest productively, which in turn stimulates industrial growth and economic development of the country by mobilising funds for investment in the corporate securities.

  1. Reliable Guide to Performance

The capital market serves as a reliable guiding compass to the performance and financial position of corporates, thereby promoting efficiency.

  1. Proper Channelization of Funds

The prevailing market price of a security and relative yield are the guiding factors for the people to channelize their funds in a particular company, ensuring effective utilisation.

  1. Provision of Variety of Services

Provision of a variety of services such as grant of long term and medium term loans to entrepreneurs, provision of underwriting facilities, assistance in promotion of companies, participation in equity capital, giving expert advice, etc.

  1. Development of Backward Areas

Capital Markets provide funds for projects in backward areas, facilitating their economic development. Long-term funds are also provided for development projects in backward and rural areas.

Shaping the economic backbone

It can thus be conclusively stated that capital markets are the building blocks of a successful economy. With more reforms in the pipeline for the upcoming financial year, the scope is only headed one way – upwards.