Frequently Asked Questions   








 
     
 
www.bankingvarsity.com is a unique, user-friendly and content rich eLearning portal for bankers, both practicing and aspiring. It has been developed by experts in the field of banking, content development and instructional designing. To help you understand the significance of this website, and to use it better, we suggest that you carefully go through the following set of questions:
 
       
 

1.

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What does the banking system in India comprise of?

The Banking System in India comprises of the Reserve Bank of India [the Central Bank and Banking regulator] and commercial banks, which may be either scheduled or non-scheduled. They are further categorised as SBI and its Associates, Public Sector Banks, Old Private Sector Banks, New Generation Private Sector Banks, Foreign Banks, Cooperative Banks [State level and multi state] and Regional Rural Banks.

 
   
 
 

2.

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What is banking?

Banking is business based on Trust of the people in the system. This trust can be created and maintained by banks which treat themselves as responsible corporate citizens and ensure that their dealings are above board and their executives are well versed in Banking Law and Practice. Business of banking is also business of expertise and knowledge.

Banking is defined as “acceptance of deposits of money from the people for the purpose of investment and lending, such deposits being repayable on demand or otherwise”.

To be able to generate business of deposit taking and lending, the banker needs to be thoroughly knowledgeable about banking products and processes.

 
   
 
 

3.

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What does a career in banking offer?

Banking is basically “People Business”, as it provides the banker opportunities to interact and deal with people from all walks of life on a daily basis. A banker is exposed to different regions, languages, lifestyles and cultures of people with whom he deals. Banking also offers an opportunity to master and deal with technology and its effects. Banking is the ideal career for number crunchers.

 
   
 
 

4.

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What are the career opportunities in banking?

Banking offers diverse career opportunities in areas such as Transaction, Processing, Customer Service, Services, Marketing, MIS and other administrative functions, Regulatory Reporting and Risk Management etc

 
   
 
 

5.

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What are the prerequisites for a career in banking?

A Banker needs to be well educated and computer literate. He needs to be a team player and be able to relate to people at various socioeconomic levels. A banker is also required to be logical, well-organised, meticulous and accurate. He needs to be tactful, courteous and good with numbers. Above all, he needs to be genuinely interested in the business of banking.

 
   
 
 

6.

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What is the general profile of a banker?

At entry level, a banker is required to be in his early twenties, with graduate/postgraduate qualifications in a discipline from a good college/university. He needs to be fluent in English and Hindi, while knowledge of another Foreign Language will be an added qualification

 
   
 
 

7.

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What is www.bankingvarsity.com?

An eLearning portal developed by GurukulOnline learning Solutions (GOLS), India's premier eLearning company, www.bankingvarsity.com is a comprehensive 24/7 learning companion for aspiring bankers. It projects the collective experience of more than one hundred man-years of banking.

 
   
 
 

8.

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What are the courses offered by the Bankingvarsity.com?

The portal currently offers 7 courses in banking which are as follows:
• Documentary Credits
• Documentary Collections
• Bank Guarantees
• Basic Foreign Exchange
• Negotiable Instruments
• Banking Operations and Liability Products,
• Banking Assets Operation

The above courses have been designed for the learning requirements of aspiring Retail and Corporate Bankers. These courses will also be useful to existing bankers, for reviewing their knowledge and for acquiring knowledge in unfamiliar areas of banking.

 
   
 
 

9.

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Who will find www.bankingvarsity.com useful?

These courses will be extremely useful to students of banking, aspiring bankers, as well as executives in following banking segments:
• Commercial banks of all types referred to above
• Banking BPOs
• Marketing associates of banks

 
   
 
 

10.

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How are the courses structured?

All the seven courses are structured in a very user-friendly manner and are delivered using an engaging eLearning format.

Each course is divided into units and further subdivided into lessons of suitable length. Questions for self assessment are provided at the end of every lesson and unit, and a Final Mastery test is provided at the end of the course. When the student takes a test during the course, he gets to see the right and wrong answers and is thus able to correct himself immediately.

 
   
 
 

11.

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What is the unique proposition of www.bankingvarsity.com?

“100% learning solution for 99% of aspiring bankers”. [This means that 99% of aspiring bankers, which is the overwhelming majority, will find the courses completely in sync with their learning requirements].

 
   
 
 

12.

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How long will the training take ?

Each course is designed with specific objective and for specific period

 
   
 
 

13.

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What is a methodology ?

Each of the Module consists of UNIT / LESSON / TOPIC and Mastery test , assessment etc

 
   
 
 

14.

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Can I share my account with somebody else ?

NO. each account is valid for single usage , for a maximum of 180 days from the date of the first login

 
   
 
 

15.

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What do I do when my 180 days get over ?

You will have to contact the executive of customer care section

 
   
 
 

16.

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Do I need any special software to run your on-line training ?

Probably not , you will only need recent browser [internet explorer], multimedia

 
   
 
 

17.

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What if my computer crashes , if I lose my internet connection half way through e-learning ?

All information you enter into any templates or boxes while you are on-line , gets saved each time you move to another page . so if your computer crashes then just start up again , return to your e-learning module/lesson and you will be back to where you were working just before the crash

 
   
 
 

18.

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Do I need broadband to access the course ?

No , we have developed these on-line courses to be accessible from a normal modem [ a 56k connection will be fine] our on-line courses are for everybody , it is user-friendly and learner- friendly too.

 
   
 
 

19.

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Are your courses interactive ?

Yes , all our courses are inter active and provides ‘hands on' learning experiences, so it is best that you do not just ‘read' but actually ‘do'

 
   
 
 

20.

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Do I have to any assessment ?

Yes

 
       
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