CERTIFIED
BFSI PROFESSIONAL COURSE
This is an opportunity for Deemed Universities, Autonomous Colleges to let their students be equipped with a cutting-edge course.
About
the Program- The Certified BFSI Professional course is 187 hours E-learning
program spread over three semesters. The course is designed to help young
aspirants to propel them towards a successful career in the BFSI sector.
This
is a first-of-its-kind initiative, offered jointly by three prestigious
institutes in the financial domain viz NISM, IIBF & NIA.
Course Objective
The
Banking, Financial Services & Insurance (BFSI) sector in India has
traditionally been pivotal in contributing substantially to the overall growth
of the Indian Economy.
Currently,
the sector is experiencing a transformation catalyzed by digitalization and
information explosion with the customer at the epicenter. Such an ever-evolving
ecosystem demands strategic agility and constant upgradation of skill levels by
the Banking & Finance professionals to chart a clear pathway of
professional development.
Moreover,
an expanding sector is expected to usher in numerous employment opportunities
going forward and there is a tangible industry demand to create a pool of
adequately skilled youth who shall possess the cognitive vision to propel the
sector ahead.
The
primary objective behind the development of the Certified BFSI Professional
Program, wherein three behemoths of Financial Education in India (IIBF, NISM
& NIA) have combined their domain expertise, is to offer a unique and novel
course that covers all three major aspects of the sector- Banking,
Securities Markets, and Insurance.
This
course is specifically designed to provide a 360° knowledge offering to the
young aspirants and to equip them to be future-ready as the entire BFSI sector
beckons.
Career Prospects - The Certified BFSI Professional Course
equips young individuals to foray into the financial industry viz Banking &
Finance or Securities Markets or Insurance Industry.
The
program is designed to cater to varied job roles, from entry-level
executives to mid-management cadre in any of the BFSI sectors.
Course Outline - The program is for 187 hours of
intensive E-learning modules to impart basic knowledge across Banking &
Finance, Securities Markets & Insurance sectors. Each semester is spread
over 2 months.
Candidates
can register for the program anytime.
At
the end of the third semester, an exam on a predetermined date and time will be
conducted to mark the completion of the program.
The curriculum for each semester will cover topics from all three sectors,- Banking &
Finance, Securities Markets, and Insurance.
The brief program structure is as below:
Semester
I
A.
Banking
& Finance
I
- Indian Economy, Economic Concepts & The Indian Financial Architecture
II
- Introduction to Banking Products & Functions (Deposits & Advances)
III
- Ethics in Banking
B.
Securities
I
- Introduction to Securities Markets
II
- Regulatory Eco system
III
- Role of Intermediaries in Securities Markets
IV
- Primary Markets
V
- Secondary Markets
C. Insurance
I
- Fundamentals of Insurance
II
-Legal Framework of Insurance
III
- Fire Insurance
Semester
II
A.
Banking & Finance
I
- Bank Computerisation, Digital Banking & Cyber Security
II
- Marketing of Banking Products & Services
III
- Accounting Principles & Financial Management
B.
Securities
I
- Securities Operations & Risk Management
II
- Risk & Return in Securities Markets Investment
III
- Derivative Markets
C.
Insurance
I
- Life Insurance
II
- Marine Insurance
III
- Motor Insurance
IV
- Liability
Semester
III
A.
Banking
& Finance
I
- Legal Aspects of Banking
II
- International Banking, Risk & Treasury Management
B. Securities
I
- Mutual Funds
II
- Financial Planning
III
- Investor Grievances Redressal Mechanism in Securities Markets
C.Insurance
I
- Health & Miscellaneous Insurance
II
- Claims & Reinsurance
III-
Insurance Accounts
Course Eligibility - Graduate or pursuing graduation from a Government
or UGC recognized college/ University.
Course Duration - The duration of the program is 187 hours
spread over 3 semesters. Each semester will be of 2 months duration.
The candidate will have access to the course material for a period of 9 months from the date
of registration.
Candidates
not completing the course within 9 months will have to pay the registration fee
again and re-enrol for the course.
Pedagogical Tools - To supplement the E-learning modules of
the course, Video Lectures, E-books, Excel files, etc. are also provided to
facilitate the candidates to have a better understanding of the subjects.
Contact Classes - Contact classes will be conducted every
month subject to students' requests and queries. Interested candidates can
register for these classes for clarifying their doubts or any concepts from the
faculty at no additional cost.
Examination - Exams will be held every quarter, on
pre-determined dates, for each semester in online mode via remote
proctoring.
Exam
will be conducted at the end of the course.
Exam Duration - 120 minutes
Exam Pattern - 100 MCQs (40 MCQs from Banking, 30 MCQs
each from Securities Markets & Insurance).
Minimum passing
requirement - Final exam
is 50% in each section (Banking, Securities Markets, and Insurance) and 60% in
aggregate.
If
any candidate does not clear the exam, he/she can re-attempt after paying an
examination fee of Rs. 1500+GST.
Negative Marking - There is no negative marking.
How to Register - Candidates who wish to apply to have to
click on the link which will direct them to the Registration page. A link to
the registration page is provided in each of the stakeholder’s (NISM, IIBF and
NIA) webpages.
The candidates
will have to first register themselves on
https://estore.nism.ac.in/certified-bfsi-professional-course/.
For
Corporate registrations: send your queries to elearning@nism.ac.in or call
022-66735153/42
Course fee - The consolidated course fee for the
program is Rs. 10,150 + GST.
The
course fee may be paid in two installments.
Re-examination
fee of Rs.1500 + GST to be paid in full whenever applicable.
At
the time of registration, the Candidate will get access to Semester 1 & 2
After
completion of Semester 2 Candidate will get access to Semester 3 and
examination
Access to the Course - Once successfully enrolled, registered
candidates will receive an email from NISM with details to login and start the
course.
Access
to semester 1 and semester 2 will be provided after the payment of first
instalment.
Upon
completing these two semesters and subject to paying the second instalment,
access will be provided for third semester and exam.
Certification
- On successfully completing all three Semesters within the validity period, a
candidate will be awarded the ‘Certified BFSI Professional’ certificate.
This
will be a co-branded certificate issued by NISM, IIBF & NIA. The
certificate will be directly emailed to the candidates registered email id.
Disclaimer:
These are my personal views only. I am solely responsible, for errors, if any.
Please
refer to the course brochure for complete and update details.
The
bottom line is Safe ePayments. Nothing More - Nothing Less.
About
NISM/ IIBF / NIA
National Institute of Securities Markets (NISM)
The
National Institute of Securities Markets (NISM) is a public trust established
in 2006 by the Securities and Exchange Board of India (SEBI), the regulator of
the securities markets in India.
The
institute carries out a wide range of capacity building activities at various
levels aimed at enhancing the quality standards in securities markets. A
comprehensive understanding of activities of NISM can be formed by visiting
(www.nism.ac.in )
Indian Institute of Banking & Finance (IIBF)
Established
in 1928 as a Company under Section 25 of the Indian Companies Act, 1913, the
Indian Institute of Banking & Finance (IIBF), formerly known as The Indian
Institute of Bankers (IIB), is a professional body of Banks, Financial
Institutions, and their employees in India.
The
Mission of the Institute is “To develop professionally qualified and competent
bankers and finance professionals primarily through a process of education,
training, examination, consultancy / counselling and continuing professional
development programs.” Details of the courses offered can be viewed at
(www.iibf.org.in)
National Insurance Academy (NIA)
Established
in 1980, National Insurance Academy (NIA) is a leading institution for
learning, education and research in Management, Insurance, Pension, and allied
areas not only in India but in the African, Middle East and Southeast Asian
region.
A
pioneering academic institution in India’s Insurance landscape, National
insurance Academy, is promoted by the public sector Insurance companies under
the aegis of the Ministry of Finance, Government of India