Overview

Course Description: The "Decoding BFSI: Key Segments and Functions in Finance" course offers a comprehensive exploration of the BFSI (Banking, Financial Services, and Insurance) sector, focusing on the fundamental segments, key players, and the role of financial institutions. It covers the structure and functions of banking, financial services, and insurance, along with the processes that govern financial markets, investments, and credit analysis. Participants will also learn about emerging trends in digital banking, financial planning, and wealth management, as well as the regulatory and stability factors that shape the BFSI sector. This course provides theoretical insights paired with practical case studies, equipping learners with the essential knowledge to understand and thrive in the BFSI landscape. Learning Objectives: 1. Define: Recognize key banking products, services, and functions, and explain the role of institutions such as banks, NBFCs, and insurance companies within the BFSI sector. 2. Explain: Describe the operational processes and relationships within banking, financial services, and insurance, including regulatory frameworks and compliance requirements. 3. Analyze: Assess the core activities of investment banking, credit analysis, financial planning, and risk management, and evaluate the impact of market trends on BFSI roles. 4. Apply: Utilize knowledge of BFSI structures, products, and services to identify growth opportunities and address challenges in banking, financial services, and insurance. Target Audience: This course is ideal for undergraduate and postgraduate students, professionals, and career aspirants seeking a deeper understanding of the BFSI sector. It is particularly beneficial for individuals aiming for roles in banking, financial services, insurance, fintech, and those interested in gaining insight into market trends, financial products, and regulatory frameworks governing the industry.

Syllabus

Introduction to Banking

This module provides a foundational understanding of the banking sector. It explores the roles and types of banks, the relationship between bankers and customers, and the range of products and services offered by banks. Additionally, it examines the pivotal role of the Reserve Bank of India (RBI) in banking regulation and supervision, currency management, and fostering financial stability.

Financial Services

This module delves into the non-banking financial services sector, covering Non-Banking Financial Companies (NBFCs), investment banking, portfolio management, financial planning, credit analysis, pooled investment products, and financial markets. By understanding these components, you will gain insights into the diverse range of services that contribute to the financial ecosystem.

Insurance Sector

This module provides a comprehensive overview of the insurance sector, including the types of insurance products available, the underwriting process, risk assessment, and policy issuance. It highlights the significance of life, health, general, reinsurance, and microinsurance products, along with the crucial role of underwriting in the insurance industry.

The role of BFSI in financial stability

This module explores the critical role of the BFSI sector in maintaining financial stability. It covers key aspects such as the health of the banking sector, systemic risk assessment, financial stability reports, and financial inclusion initiatives. It also addresses ethical principles and dilemmas within the sector, emphasizing the importance of ethical behavior in fostering financial stability.