The first thing I want you to think about before you go on to actually choosing one or more banking and finance courses is this – What do companies want?
In other words, prior to going to a specific college, Master’s degree or another type of banking course, you need to understand what business want from business schools and, evidently, their students.
The moment you understand this, you will be on your way to making all the right choices. With this in mind, I decided to write an exhaustive piece in which to detail for you all the banking and finance courses you can take. Spoiler alert – some might surprise you!
To make it easier for all of you as well as practical as it can get because I want you to use this article as a go-to guide, I have divided the best banking and finance courses into three separate categories, as follows. I will detail all of them down below.
- Courses by University Affiliation
This is where you will find banking and finance courses such as MBAs, BBAs, Masters and MA Degrees, so keep on scrolling to read all about them.
- Courses that are not affiliated with any University
These are the banking and finance courses which you can take on your own.
- Additional courses
These are the ones which will set you apart from all the other candidates out there.
I will also be brushing a bit on then topics of careers, university ranking, since I think that the university is just as important as the courses you’re taking, what type of jobs you can get as per the degree you will have, and, last but not least, the subjects you will come across during your banking and finance courses. As far as I can tell, this piece is filled with goodies. Therefore, let’s get started!
1. Courses by University Affiliation
Here are the best ones, as well as how you can access them.
#1. An MBA in Finance from B-Schools
First of all, let’s clear up what a B-school is. It’s a simple abbreviation or professional slang, if you will, for ‘business schools.’
When it comes to banking and finance course subjects in these b-schools, you will get the following.
- Operations management
Here are the best and most renowned b-schools in the world, at the current moment.
- Wharton School of the University of Pennsylvania
Click on this link to visit their website.Their list of notable alumni includes the god of business Warren Buffet, genius Elon Musk, Anil Ambani, and the current President of the United States, Donald Trump. What more incentive do you need for this business school?
- Harvard Business School
Click here to go to their official website and get more info on the larger than life university. Harvard’s notable alumni include Michael Porter, Mitt Romney, Salman “Sal” Khan, George W. Bush, and even supermodel Tyra Banks and hip hop artist Swizz Beatz. Talk about diversity here.
- MIT Sloan School of Management
Go to this link to visit their website. This is also the school attended by the likes of Benjamin Netanyahu, Carly Fiorina, and Kofi Annan.
- London Business School
Click here to see their website and learn more about what they have to offer. Their programs include a Masters in Financial Analysis, a Masters in Management, a Masters in Finance, an Executive MBA and much, much more.
Use the links above to reach the programs easier.
- The Kellogg School of Management at Northwestern University
Follow this link to reach their website. This private business school was established more than 100 years ago, back in 1908. Forbes lists this school of management as being the third best in the United States.
#2. A BBA in Financial Markets from Manipal University
Our second type of banking and finance courses from a university which you can follow comes from Manipal University.
Follow this link to see their website.
Go to their admission page.
Fill in all your details.
Add a copy of your signature as well as a photograph.
Pay the application fee, which is Rs. 2000 and then send your application.
Other than that, click on this how to apply link that will get you straight there.
#3. A Masters in Finance and Control from the University of Delhi
Click here to see their official website.
Follow this link. It will take you straight to their application form, which you will have to download and complete.
In the same way, I have browsed their website and found for you the policies and procedures the University has when it comes to getting admitted into the Department of Financial Studies.
Go here to see and read it.
#4. A BA or MA from the Delhi School of Economics
If you click here, you can visit their official website right now. To get admitted, you will have to sit for a test, which is considered the first stage of the admission process. After that, if you have managed to get satisfactory grades, you can move on to the second stage, which will consist of another test and an interview.
Here are all the details you need to know about these qualification requirements, for the 2016-2017 year.
2. Courses that Are Not Affiliated to Any University
We have now reached the second category of banking and finance courses which you can take if you want to be well-prepared for a job in this field. Let’s see what they are all about.
As usual, I have made a list for you, which includes details as well as the links you have to go to so that it’s easier in this way. You have all the information you need right here, at your fingertips.
First of all, follow this link to get to their Education page. This is where you will find all the courses and modules that they have to offer. The great thing about it is that you will notice they have quite a plethora to choose from, as follows.
- Foundation Modules, such as (download the PDF course outline here), (download the PDF course outline here), Currency Derivatives for Beginners, (download the PDF course outline here), Banking Fundamentals, Capital Markets Fundamentals and much more.
- Intermediate Modules, such as Capital Market Dealers Module or CMDM (download the PDF course outline here), Options Trading Strategies Module (download the PDF course outline here), Commodities Market Module (download the PDF course outline here), Mergers and Acquisitions Module(download the PDF course outline here), Venture Capital and Private Equity Module (download the PDF course outline here) and much more.
- Advanced Modules, such as Algorithmic Trading Module (download the PDF course outline here), Financial Markets (Advanced) Module (download the PDF course outline here), Mutual Funds (Advanced) Module (download the PDF course outline here), Equity Research Module, Financial Modeling Course, Investment Banking Operations – International, and much more.
Click on this link to go to their website right now.
Go to the page where they help you assess what specific program is right for you. You will find details as well as questions that will aid you in choosing an appropriate course or module.
This is their Scholarships page, aimed to help you pay for your classes, in case you need it.
You can also start your career at the CFA if you feel this is what you want.
Search their available jobs here.
Find out all there is and apply to one of their internships by clicking on this link.
As you can well see, the CFA is prepared to offer you a lot of opportunities, other than simple banking and finance courses.
#3. The FRM Program
This is the link to their official website.
You can also visit their Courses page. You will see that they offer self-study courses, especially when it comes to risk management. Some examples include Market, Credit, Operational, Regulatory Supervision, and Insurance.
When you finish one of these courses or modules, you can, if you want, take an exam and, if you pass it, you will get a certificate. Attaching this certificate to your resume later on when you apply for a job might make the difference between you and all the other candidates.
#3. Certified Financial Planner
Follow this link to get to their official page.
Their Certification Education Program Syllabus includes the following modules, as you can see on their website.
- Module I – Introduction to Financial Planning
- Module II – Risk Analysis & Insurance Planning
- Module III – Retirement Planning & Employees Benefits
- Module IV – Investment Planning
- Module V – Tax Planning & Estate Planning
- Module VI – Advanced Financial Planning
#4. Chartered Alternative Investment Analyst
Also known as CAIA, this is their official website.
Follow this link to get to the page where they help you make a comparison between their programs. In this way, you can establish what program, module or course is best for you.
If you want to enroll, I have provided here for you a shortcut to their enrollment page. However, I must tell you that you will have to create an account on their website if you want to access your courses.
Follow this enroll link to get to the page where you can take a look at the curriculum for the courses. You will also see the prices, which come up to $895.
3. Additional Courses
We have now come to the section where I tell you a little bit about the extracurricular courses you should take if you truly want to make it in the business and have a very long and successful career.
The first thing you need to know is that, while banking and finance courses are, of course, vital to securing a position with a bank or any other financial institution for that matter, they are not the only thing you need.
Specialists say you should take a look and follow some courses, if you can, in the following areas.
Needless to say, there is absolutely no way you can ace your banking and finance courses if you haven’t had a mathematical background. Most people study it in high school and, later on, in college, if they choose this path.
If you are one of these people, make sure you ace your studies.
Get the highest grades.
Finish the first in your class.
Unlike some other fields of work, employers in the banking realms really do look at your grades, as well as at the classes you took in high school and college. Therefore, make sure math is on there.
If you haven’t done it and you are past that moment, take an additional or individual math class to boost your resume.
This course will teach you how to manage accounts from a financial point of view. Once you finish it, you will be well versed in recording, understanding, and reporting the financial transactions a company goes through, manage its budget and examine its costs when it comes to services and products.
Yes, you read it well. Like I said, there are a few things in the world of banking and finances that truly make the difference.
You need to understand that there are tens, if not hundreds of candidates who are after the same job as you are. They have all graduated at the top of their class from an Ivy League college, underwent one of the banking and finance courses I detailed above and can do math in their sleep.
Therefore, ask yourself this. What sets you apart?
Psychology is one of those factors. It will help you understand the thought process as well as the behaviors behind the ways in which the financial market moves. Not to mention that it will make you the go-to person when it comes to dealing with clients and significant accounts.
Listen to them, understand them, and they will come to you.
So, you think you know how to write an email, a report, or a memo? You don’t. Penning one of these from a technical point of view is an art in itself. It takes some years to master it.
Jump ahead of the game and take a class now.
Always remember this. During your career in the financial industry, you will be charged with very heavy responsibilities. Your job is to basically handle the entire set of finances of huge companies, as well as clients, to assess them, and advise them on their moves on the market.
Needless to say, your educational background has to be impeccable.
However, it’s all worth it. Why, do you ask? Well, just think about the banking and finance salaries that come along with a degree. For example, an investment banker who has a Bachelor’s Degree so who, therefore, is a junior analyst or assistant, has a salary between $100,000 and $150,000 after he or she has received his bonus.
Advice – if you are a junior and the bank you have just got a job with has offered to pay less than what you know to be the median value in the market, take it. At this moment, it’s all about you gaining experience, networking, and learning how to be an outstanding banker. The money will come, don’t worry.
Here’s the thing. It’s impossible to get any of these jobs or construct your career if you haven’t undergone a single financial course.
Lastly, to help you out even further, here is a list of the banking and finance university rankings in 2016, so that you know which are the best. This list is in accordance with topuniversities.com.
- Harvard University
- Massachusetts Institute of Technology, more commonly known as MIT
- Stanford University
- London School of Economics and Political Science or LSE
- University of Oxford
- University of Chicago
- University of Cambridge
- University of Pennsylvania
- London Business School
- University of California, Berkley or UCB.
As a conclusion, the one tip I have left for you concerning banking and financing courses is this one. No matter which one you choose, this is what you have to do. Study, study, and study!
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