Banking Financial Services Insurance: A Beginner’s Overview

Name: Banking Financial Services Insurance: A Beginner’s Overview
Rating: 3.6 (20 reviews)

A Beginner’s Guide to the BFSI Industry: Key Concepts and Insights

Created byManish Nadar

Last updated 2/2025

English

What you'll learn

Introduction to BFS
Overview of Banking
Financial Services Overview
Regulatory Landscape in BFS
Emerging Trends in BFS

Course content

7 sections • 35 lectures • 1h 55m total length

Introduction2:21
Explore banking, financial services and insurance (bfsi) basics for beginners, including key players, bank types, core functions, technology in banking, regulations, and project management.

Types of Banks6:28
Commercial Bank Overview4:46
Investment Bank Overview5:55
Central Banks6:09
Core Functions of Banks6:00
Overview of Loan Management System2:26
Banking Software Applications1:30
Treasury Management for Banks3:34
A treasury management system acts as a bank’s financial control center, automating cash flow, real-time cash management, and integration with the core banking system.
Role of Technology in Banking4:27

Introduction to Insurance Services5:25
Learn how insurance pools risk through premiums and contracts to provide financial security when needed. Explore major types like life, health, car, home, travel, and liability.
Inside a Insurance Company7:11
Explore ai-driven insurance workflows that speed policy creation, automate claims and fraud detection, enable digital kyc, instant cashless settlements, and personalized offers through predictive analytics and iot.

Introduction & Overview2:25
Understand why project management matters across industries, and explore core concepts such as project deliverables, PMO roles, software development life cycle, waterfall and agile with scrum, and change management.
What is a Project with examples1:14
What are Project Deliverables1:08
Identify and describe project deliverables, including working software, user guides, release notes, design documents, demo videos, and a unit-tested code repository, recognizing variations by project.
What is Project Management and why there is a need of it3:01
What is Operations1:21
What is a PMO1:36
Introduction to SDLC3:49
What is Agile Model3:03
Difference between Waterfall & Agile Model3:03
Compare waterfall and agile by testing timing, communication, and adaptability: waterfall tests after coding with formal processes, while agile tests each iteration with informal collaboration and evolving requirements.
What is Scrum & Agile1:53
Learn scrum: the agile framework with a scrum master, product owner, and development team, plus the product backlog, sprint backlog, increment, definition of done, and stakeholder roles.
What is Project Status reporting and why there is a need0:48
What is Project Plan & Schedule1:22
What is RAID2:04
What is Change Management and why its required0:45
Explore change management as a structured approach to move people and organizations from current to desired states, address resistance to technology-driven workplace changes, and ease the transition.
What is timesheet and why its required0:21
Introduction to PM tools0:38
Agile certifications to consider2:02
Explore agile certification providers such as Scrum Alliance, Scrum.org, PMI-ACP, ECC Agile, and SAFe, and choose based on your role - scrum master, product owner, coach, or scaled agile practitioner.

Requirements

Desire to learn

Description

Are you curious about how banks operate and how financial services shape our global economy? Whether you're an aspiring professional entering the BFS industry or simply looking to build your knowledge, this beginner-friendly course will provide you with a solid foundation.

In this concise and engaging course, you'll learn:

What Banking and Financial Services (BFS) Are: Understand the industry's role in driving economic growth worldwide.
Key Players and Types of Banks: Discover the functions of retail, commercial, investment, and central banks.
Financial Services Explained: Dive into asset management, insurance, brokerage, and other essential services.
Core Products in BFS: Explore mutual funds, derivatives, pensions, and more.
The Role of Technology in BFS: Learn about the impact of digital banking and payment systems.
Regulations and Risk Management: Gain insight into the critical importance of compliance and oversight in BFS.

This course is designed for individuals who are new to BFS, including students, entry-level professionals, and anyone considering a career in banking or financial services. By the end of this course, you’ll have a clear understanding of the BFS ecosystem, its operations, and its importance in the global economy.

Get started today and take your first step into the dynamic world of Banking and Financial Services!

Who this course is for:

Banking Associate
Digital Banking Specialist
Business Analyst (BFS Domain)
Compliance Officer
IT professionals
Software Developers
Project Managers

Banking Financial Services Insurance: A Beginner’s Overview

What you'll learn

Explore related topics

Course content

Introduction1 lecture • 2min

Introduction to BFS3 lectures • 12min

Overview of Banking9 lectures • 41min

Financial Services Overview2 lectures • 12min

Insurance Services Overview2 lectures • 13min

Regulatory Landscape in BFS1 lecture • 5min

Extra Additional Contents17 lectures • 31min

Requirements

Description

Who this course is for: