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Monday 13 February 2017

Benefits of Banking and Finance courses to Entrance into Financial Industries

If you are thinking about joining banking and finance courses abroad but could not make up your mind. The benefits and job prospects of these courses will definitely lure you towards these courses. Opting for banking and finance degree abroad will allow you to develop your managerial, mathematical and logical skills. The course will also prepare you to work with numbers in future whether in finance or banking services.



The undergraduate programs in banking and finance will equip you with a variety of economic, business and problem-solving skills. These courses can also guide you for financial institutions, economic models and finance industry globally. Later modules allow you to concentrate on the specific field of financial practice such as bankruptcy or risk management. Undergraduate courses basically develop your competency and skills to work in the banking and financial industries. Therefore, you must be aware of the type of skills you are gaining from your course. You can gain various skills by studying banking courses and finance course which includes numerical skills, analytical skills, competency to work on deadlines, attention to accuracy and detail, unique ability to work with figures and numbers

Benefits of banking and finance courses

While applying for banking and finance degree abroad, universities expect you to demonstrate your keen interest and knowledge in finance and accounting. Most universities also sought for qualification in statistics or mathematics before applying. If you can play with figures and numbers and aiming for a handsome salary, banking career is good for you. An undergraduate course in banking and finance will help you realise your goal.

Opportunities

Banking and finance sector employs of top-class employers at various positions from large commercial and investment banks to independent financial advisers and insurance companies. There are undergraduates who go for higher studies after completing their degree, but some even start their lower level and work hard for higher positions.  You have various options to start your career after banking courses and financial course. Some of sought after jobs in this field include banker, actuary, investment banker, Chartered accountant, astockbroker.

Whatever you do, it will depend upon your willpower and astrong determination. You have to set your goals and time to achieve those goals. The course will depend on whether you are eager for diploma course, graduate or post graduate course. According to your area of domicile, you can choose the university which is best for you.

Checklist for postgraduate study

·         Facilities and reputation of the institution
·         Its research and teaching ratings
·         The structure and course contents
·         Work experience, industry links and networking opportunities
·         Job scenario and salary structure of previous students
Postgraduate course at your disposal
·         PhD
·         Masters in Business and Administration (MBA)
·         Masters of Science(MSc)

Worth of Postgraduate program in your banking job application

·         Higher studies showcase the employers your intellectual capacity
·         Consistent effort of working on thesis set exemplary example of organisation, self-discipline, project management and independent researchespecially when you cope up with part-time job, extra-curricular activities and work experience
Use your mental checklist to ensure that you have done your research, and then talk to your course director and prospective employer, if possible before accepting an offer

Opportunities to learn financial Modelling for the working Professional

If you are working in a finance industry whether as a working professional or avid investor, financial modelling is most sought after skills.  The financial modelling course covers finance, accounting and Excel skills to interpret investment analysis and financial statements. Financial modelling helps business houses to operate optimally by considering and analyzing various parameters. The financial modelling courses will teach you to build model depicting business models and financial statements for decision-making purpose. 



You can learn the basics of Excel in the financial modelling course which will help you to create profitable financial models. After completing the course, you can independently build models who are strong and offer dynamic projections. These projects are used by the companies while opting for operation, financing, investment, and valuation purpose.

Opportunities in financial modelling

Investment banking

Financial modelling is used by investment banking firms to prepare valuation report of a company by forecasting the revenue figures. Valuation report helps the buyer or the seller on proposed investment of funds or acquisition of new funds.

Equity Research

In Equity research, financial modelling is used to examine financial projections other dynamics such as competitor’s projections of an organisation. The analyst employs financial models to assess the risk factor of investment.

Credit Rating

Credit analyst employs financial modelling to gather historical data and information, outstanding debts and predicting future growth in excel. Financial modelling helps the credit analyst in determining the risk factor to provide a rating.

Project finance

While preparing project finance report, financial modelling helps in assessing the financial viability and risk factor. The model also helps in make a funding plan through a proper combination of debts and equity components.

Mergers & Acquisitions

In merger & acquisitions, the company needs to assess the value of the company which they want to acquire. Financial modelling helps the company to forecast the revenue, portraying debt schedule by analysis the competitor.

Financial Analysis

Financial models equip companies to assess their own capital structure and build financial models on various projects. To plan capital structure best suited to a company by employing debt and anequity component, the financial model, is the best tool.

Study models for financial modelling course

Globally around 85 institutes offer 162 courses on financial modelling. Among them, top institutions are
·         Oxford University, UK, is ranked first in terms of providing two-year full-time course naming Mathematics Finance MSc.

·         Princeton University, USA offers two courses on financial modelling. One is B.S.E in Operations Research and Financial Engineering and Masters of Science in Operations Research and Financial Engineering

·         Imperial College, London offers one course on financial modelling and is ranked 8th among the top colleges in the world

·         University of Chicago, USA offers one 15 months course at postgraduate level on financial modelling as MS in Financial Mathematics

·         Australia National University offers ten courses at graduate and post graduate level on financial modelling training.


·         London School of Economics and Political Science, University of London offers two courses such as Financial Mathematics and Statistics BSc (Hons) and Financial Mathematics MSc