Investment banking is one of the most profitable courses to take up. It is not only a booming career option in Korea but a high-paying job in many parts of the world. The average salary of a successful investment banker on a global scale can go as high as $600K. Therefore, an Investment banking training program can offer insight into the handling of financial transactions as well creating finances for other organizations, providing underwriting services, and more. In this article, we have compiled some investment banking courses in South Korea.
Studying in South Korea, also known as the Republic of Korea, is a great experience for international students. The country offers a unique culture and a wide variety of cuisine that is worth trying out. With that in mind, we can say South Korea has something for every type of student!
In recent years the country has gained worldwide recognition for its K-pop and K-drama industries, having a wide appeal to teenagers and young adults alike.
Moreover, it provides a safe environment for students who travel alone and there are many convenience stores in Korea that feature a self-service agenda. This means you don’t always need to be fluent in the local language to order food.
A CCTV system ensures that you get your own food and pay. Koreans are very serious about academics and the country offers top universities and a top quality education.
International students can get access to dorms and other affordable apartments which guarantees more convenience and quality of life. Many universities have investment banking courses in South Korea that provide certificate courses and opportunities for further training.
Future of Investment Banking Courses in South Korea
Benefits of working in the Investment Banking sector
Frequently Asked Questions (FAQs)
Conclusion
Who is an Investment Banker?
Investment banking is a section of banking that pertains to organizing and raising finances and providing financial aid to organizations and clients. As an Investment banker, you serve a variety of functions including acting as intermediaries between companies, underwriting, facilitating IPOs (Initial Public Offering), and performing market research to influence decisions relating to investment.
It takes a good amount of training and skills to have the perfect qualifications of an Investment Banker.
Communication– A person must be able to communicate well and have the ability to connect with other people and companies. Good communication helps to build interpersonal skills and expand the network.
Problem-solving attitude– Investment bankers are expected to solve complicated problems related to business and finance. They should possess an analytic mindset and be ready to solve any given problem at hand and be resourceful while doing so.
Open-mindedness– It is an important quality that is essential in the working environment. It enables people to be optimistic and try to approach problems differently each time. It is necessary to be dynamic and grow alongside the organization’s changing work environment.
Time management– It is a skill that is particularly appreciated among employers and supervisors and with the heavy workload of Investment bankers, it is a mandatory skill to have.
Teamwork– You can gain this skill with Investment baking courses or training programs. Investment bankers are required to work in collaboration with their teams and form networks with financial experts and clients.
Leadership ability– With the help of proper training and competence on the part of the investment banker, advancing to higher positions is a given. Leadership skills in a person ensure the effective working of the whole team, increasing overall work efficiency and productivity.
IIM SKILLS which has its headquarters in New Delhi, India is an online Ed-tech institution. They have trained over 35,000 students from over 30 countries across the globe since 2015 and the numbers will just keep increasing.
IIM SKILLS started with the Content writing master course before introducing other extensive courses that are led by expert trainers. The live training courses offer a detailed curriculum that dives deep into the subjects.
Each of the topics that are covered is carefully organized by the staff with the help of leaders and experts in the industry. Hence it increases the probability of a comprehensive quality education.
The total fee for enrolling in the certified investment banking course is Rs. 39,900 + 18% GST. They include introductions to various applications, software, tools, and resources in order to help the students keep up with the latest industry developments and trends.
Seoul National University is one the most sought-after universities in Asia, with a very slim acceptance rate. It has been offering students a top-quality education and providing services that live up to the reputation the university holds.
The university offers a wide variety of courses from groups of Science, Commerce, and Arts as well as subjects focusing on practical skills. Hence, it is our first choice for investment banking courses in South Korea.
Seoul National University accepts international enrollments every year and most of their courses are offered in English.
According to the university website, it is advisable for international students to learn Korean alongside their course for their future convenience. The average course fee for international students amounts to 6,000 USD per semester.
Moreover, SNU fosters a healthy research environment for all dedicated students and the eligibility criteria require the student to hold a Bachelor’s degree from a reputed institution, or at minimum, to have passed high school.
Brief Idea of Course Curriculum for School of Business:
Semester 1
Business Philosophy and Ethics
Business Communication
Financial Management
Insurance and Risk Management
Investments
Marketing Research
International Business Environment
Digital Marketing
Semester 2
Principles of Accounting
Management Information System
Cost Accounting
Managing Networked Business
Supply Chain Management
Advertising Management
Firm, Value, and Finance
Looking for other in-demand courses for career development? Dig in here:
South Korea harbors an extremely strict and competitive academic environment, and with each passing year the expectations for academic excellence increase.
Yonsei University in Seoul is well-reputed among both national and international students but it is considered very hard to get into. The average enrollment rate is over 38,000.
Yonsei, along with Seoul National University and Korea University, is part of the top three universities in Korea referred to as “SKY” making it part of the highly sought-after universities that parents dream of enrolling their children in.
Another fun addition to Yonsei’s popularity among international students is its feature as a filming location for popular Korean dramas. The average total fees for everything including tuition, study materials, housing, and transportation can amount to 10,000-11,000 USD.
The admission process for International students differs from the admission procedure for Korean students. Therefore, it is advised to refer to their website for further details.
Course Curriculum for Business School:
Organizational Behaviour
Principles of Accounting
Marketing
Financial Management
Management Service
Production and Operations Management
Management Information Systems
Management Accounting
Strategic Management
Is finance your niche? Here are the best courses for you:
Korea University, located in the Anam district of Seoul, offers a wide selection of high-quality courses and is considered one of the top universities in South Korea. The course types are mainly undergraduate, postgraduate, and doctoral programs with differences in fee structure.
Business courses at the undergraduate level can cost approx 6,000-12,000 USD per semester, while in Masters it ranges from 20,000-30,000 USD.
The university is well-recognized and has partnerships with many other universities across the globe. As an international student, you may also be able to participate in its student exchange programs. Korea University offers courses in both English and Korean.
Students affiliated with Korea University can participate in various social and cultural programs, and enjoy other events hosted by the university. They also offer career guidance sessions and job placements.
If you are looking for investment banking analyst jobs, you must enroll in these courses. Hence, it is worth checking out if you’re opting for investment banking courses in South Korea.
Brief idea of course curriculum of Business School (2022):
Introduction to Operations Management
Financial Management
Marketing Management
International Business
Intermediate Accounting
Management Strategy
Organizational Behaviour
5. Kyung Hee University
Founded: 1949
Platform: Offline
Website: https://www.khu.ac.kr/eng/main/index.do
Certificate: Yes
Placement: partially yes
Kyung Hee University is a private research university with campuses in Seoul and Suwon. It has a very good reputation as an institution and is considered to rank sixth among the top universities in Korea. Moreover, like many other top institutions, it has a notable alumni base.
The university offers special programs for international students which makes it favorable if you are on the lookout for investment banking courses in South Korea.
The acceptance rate for this is average and the competition rate is moderate, unlike the SKY universities. The languages that are focused on are specifically Korean and English and almost 30% of the courses are in the English language.
It provides options for other languages as well. Acceptance and tuition fees for Kyung Hee University are 18,000 USD on average. The students are provided with the option to pay their full fees for up to 4 years after their admission.
A brief idea of the curriculum
International economics
Global business strategy
International trade communication
Foreign direct investment
Foreign exchange theory
International market research
Merges and acquisitions
Along with internships
6. Udemy
Founded: May, 2010
Platform: Online
Website: https://www.udemy.com/
Certificate: Yes, only paid courses
Placement: No
Technological advancements in the field of education have seen the rise of ed-tech companies since online learning has become the new norm. Udemy is a widely reputed international online teaching and learning platform, that has headquarters in California, USA.
Their website gives access to thousands of videos, either paid or unpaid, giving comprehensive explanations on various topics. The courses are taught in nearly 75 languages including English, Korean, Spanish, and French, meanwhile attracting over 60 million learners worldwide.
If you’re looking for an investment banking certification course, you can access Udemy’s videos for a maximum of 3,199 INR. These courses can only help increase your job-related skills. Udemy does not guarantee a placement but can help you gain practical skills in your chosen industry.
Top course categories at Udemy:
Design
Development
Marketing
IT and Software
Personal Development
Business
Photography
Music
Topics to focus on for Investment Banking:
Investment banking strategies
Equity capital markets
Brokerage and trading
Debt capital markets
Asset management
Skills like communication and leadership
7. Coursera
Founded: 2012
Platform: Online
Website: https://www.coursera.org/
Certificate: Yes
Placement: partially yes
Another online platform that provides online education services is Coursera. The company is known for its partnerships with other universities and organizations across the globe. As of 2023, it provides over 4,000 courses in partnership with 200+ universities including institutions that provide investment banking courses in South Korea.
Coursera’s investment banking course, offered by the University of Illinois, is taught in English and is supported with video subtitles in 19+ languages. It can help you get familiar with important concepts and develop your job-related skills.
At the end of the course, you are rewarded with a certificate of completion that can help enhance your profile or resume. The total fees at Coursera amount to 4,670 INR.
Coursera provides most of its courses for free and comes with a 7-day free trial before you can choose to subscribe. Each module is divided into videos, reading materials, quizzes, and discussions for a comprehensive experience.
Courses offered at Coursera:
Social Media Markerting
Mathematics
Artificial Intelligence
Chemistry
Data Science
Psychology
Human Physiology
Machine Learning
The course curriculum for investment banking:
Financial Spreads and Adjustments
Analysis of Comparable Public Companies and Valuation
Comparable precedent transaction analysis
Discounted Cash Flows
Future of Investment Banking Courses in South Korea:
The investment banking sector of the marketing industry has seen a lot of profit all over the world. It has been increasing its profits in the past year. The work of an investment banker is not an easy one and it takes more effort, talent, and skill on their part, recent years have seen an increase in competitiveness within the industry.
They are always expected to have a deep understanding of the economic and financial situations and forge close connections with clients to help them with their needs, execute important transactions, and provide specialized solutions.
As per the market research conducted it can safely be stated that the finances and investment industry will see prosperity in the continent of Asia, in the coming years. This includes countries like India, China, South Korea, and many more.
South Korea’s take on the economic trends is also experiencing changes. As per an article from The Banker, they intend to enhance competition between banks and non-bank institutions.
One reason why this idea was proposed is due to the dynamic economic landscape. Therefore the future of investment banking courses in South Korea and the probability of pursuing this field is on the rise.
Benefits of Working in the Investment Banking Sector:
This sector can have some benefits aside from being a high-income profession. The following is a list of 10 reasons why investment banking could be for you.
Investment bankers can get access to good-quality packages such as bonuses and commissions.
Sometimes while working in this industry you get a chance to form networks with high-profile clients. It can help expand your personal network with other professionals and lead to career growth.
Investment banking is a high-level profession and is surely going to give you a prestige boost and increase your social standing.
The role of investment bankers is intellectually stimulating. They are required to deal with complex and analytical problems with intelligence, therefore, working in this field can bring professional growth.
Working with a team of similarly dedicated and capable colleagues can help build your opportunities to continue learning and developing.
Similarly, continuous learning and exposure to complex transactions, financial dealings, and industries related to your field of work can boost your knowledge and expertise in the industry.
Many investment banks have dealings with foreign companies, giving them global exposure. It can add opportunities for you and your team to work on international deals and interact with clients from around the world.
The skills that you acquire while working in the investment banking field, such as financial analysis, modeling, and risk assessment are transferable. They are considered valuable soft skills in other fields of banking and business.
Investment bankers are constantly working in a fast-paced and dynamic environment. It can be tedious and repetitive to some while exciting for others who are willing to thrive in such an industry.
It can give you an opportunity to work with industry leaders and receive professional guidance and mentorship.
Frequently Asked Questions (FAQs):
Q) Can we study investment banking courses in South Korea?
Yes absolutely, there are a number of reputed institutions to choose from. Korea offers plenty of universities that focus on the quality of education as well as services like online courses for foreign students in certain subjects. Some such universities are Seoul National University, Korea University, Yonsei University, and Kyung Hee University. You can apply to any of these for an investment banking certificate course.
Q) What courses to take for investment banking?
There can be a variety of courses that can help you develop the proper skill set required for investment banking. Some examples can be taking up a course on finance modeling and finance analysis, mergers and acquisitions, private equity, and corporate valuation. Aside from this, a number of soft skills are required. A business degree from a recognized university can be essential if you are looking to apply for investment banking courses in South Korea.
Q) Why are investment banking courses in South Korea important?
It is no hidden fact that investment bankers do a lot of important work. Many major companies depend on these investment bankers to raise capital, as well as advise them on other matters related to finances. Mergers and acquisitions provide services that help companies negotiate deals, identify potential clients, and advise on strategic restructuring.
Investment banks provide a range of risk management services that can help clients identify potential financial risks. An investment banking training program or internship can get you on top of the industry with the right skills and knowledge.
Q) Can a business degree help you become an investment banker?
Yes, as stated earlier universities in Korea offer comprehensive courses on business. These can include a wide spectrum of topics related to the field. Although it is advised to check the entire curriculum when opting for investment banking courses in South Korea, to understand which course is right for you.
Conclusion:
Since investment banking is becoming a profitable career path, more students are opting for it. In this article, we have compiled a list of the best investment banking courses in South Korea and other necessary pieces of information. Whether you are a student or a working professional in the industry, if you have an interest in and dedication to investment banking, this article can guide you to the right path.
Malaysia is known for some of the best universities which offer financial, economic, engineering, and cultural studies degrees. Under its Shared Prosperity Vision 2030, the developing country is working towards building a balanced economic infrastructure and innovation. The present scenario has forecasted the creation of over 2,00,000 new jobs in the financial sector itself. Investment Banking is one of the best career lines to pursue worldwide for students just entering the economic world. Read ahead to learn about the best investment banking courses in Malaysia.
Table of Content
What is Investment Banking, and what is the role of an Investment Banker?
Job Opportunities for Investment Bankers
Types of Investment Banks
Investment Banking in Malaysia
Islamic banking in Malaysia
Why should you pursue Investment banking courses in Malaysia?
What is an Investment Banking Course, and What is the Role of an Investment Banker?
Investment Banking can be understood most simply as the management of a person’s, organization’s, or even a government’s investment portfolio. It involves giving financial advice to clients regarding the market scenario.
It involves all operations performed to help a client’s economic growth. Investment Bankers analyze the market to make the best deals for their clients and also perform the functions listed below:
1. Raising capital for the business through debt funding(loan) or equity funding(shares).
It means that the Investment Bankers will be liable to guide the company in obtaining equity or debt funding with the highest long-term benefits or, in the latter option, making the company go public through IPO Underwriting.
2. Assisting the companies in prospective business mergers, acquisitions, and sales.
Investment Bankers must study all the financials of any deal on the table. They are required to analyze and discover any profit or loss their client may incur in a deal. They are required to study the present market scenario to forecast any future trends and make plans accordingly to continue serving the for-profit objective of their client. They are responsible for identifying any risks that may arise before, during, or after a project undertaken by the client.
3. Managing the Investment Portfolio
A company may also engage in share trading. An Investment Banker ensures that the company adheres to all the guidelines and rules of the market authority and the country’s laws while trading and also manages and grows their investments.
4. Business Consultancy
The job of an Investment Banker also requires him or her to advise the company to make any decisions regarding the structuring of the company to contribute to its financial growth.
Taking up an Investment Banking course helps the students grasp all the minute workings of the career they are aiming for. It will also add to their resume and may give them a leg up over the applicants with a general Banking and Finance degree.
For all the aspirants of Investment Banking, it is important to understand the jobs that open up to you as you pursue a career in Investment Banking.
It is important to understand that while each portfolio enables the aspirant a higher pay bracket, only those who have the capabilities to function in this environment make it big. These jobs and the roles that Investment Bankers fulfill depend on the institutions that create these jobs.
1. Sell-side Banks
Companies prefer to sell stocks and bonds through the channel of the sell-side banks. As an investment Banker, one’s role would be dependent on having excellent communication skills to be able to sell to prospective buyers to raise money. They may also function in an advisory capacity for market research, asset management, and capital management.
2. Buy-side Institutions
These institutions require individuals who can identify profitable business opportunities on behalf of their corporation clients. During this exercise, the individuals must identify all the risks associated with the prevalent market, credit, and operational scenario of the corporations. These buy-side institutions include Insurance Companies, Hedge Funds, and private equity funds
3. Corporations
Corporations may offer employment to in-house analysts for consultations regarding mergers and acquisitions, budgeting, and risk management. Investment bankers must have exceptional communication skills to handle investor relations for their corporation.
4. Professional Services Firm
Today, we also have service sector firms operating on a huge scale. These companies hire Investment Bankers to tackle market risks, asset valuation, and general operational advisory.
Investment Banks are classified according to the size of their firm, geographical reach, and the financial brackets of the deals they can bring in.
1. Boutique Banks
Divided into Regional and Elite Boutique Banks, these Investment Banks specialize in limited areas of Investment Banking, for example, equity funds management.
The differentiation between Regional and Elite Boutique Banks is that the Regional Boutique Banks are restricted to a smaller geographical area which times may be as small as a single town. When a Regional Boutique Bank increases its operations in terms of workforce, area, and deal size, it may evolve into an Elite Boutique Bank.
An Elite Boutique Bank has a larger workforce, handles more funds, and operates in a larger area than a Regional Boutique Bank. In fact, it is more similar to Bulge Bracket Banks than to Regional Boutique Banks.
2. Middle Market Banks
These Banks’ operating capacity exists between Boutique Banks and Bulge Bracket Banks. Middle Market Banks can have multiple offices in a country and may also handle all investment banking services for wealthy clients.
3. Bulge Bracket Banks
These Investment Banks have a Client List that includes many Multinational Corporations and may also have Fortune 500 companies as their clients. These Banks also have branches internationally and are the Investment Banks that operate at the highest level.
Malaysia is the 36th largest economy in the world and has one of the lowest official unemployment rates in the world at 3.9%. Even now, the country is developing rapidly to create even more jobs for its citizens in all sectors including Banking.
Thus, Investment Banking has become a highly profitable profession with superior investment banking courses being offered by world-class Malaysian Universities.
Bank Negara Malaysia is the prime regulatory body for all banking institutions including Investment Banks in Malaysia. All investment banks must acquire a license from the central bank to engage in their operations.
Pursuing investment banking courses in Malaysia will help the students study the ins and outs of the Malaysian Economic Laws and system as they aspire to begin their investment banking careers in the country. Under these laws, a functioning bank may be incorporated under any of these 3 acts.
Financial Services Act 2013
Islamic Financial Services Act 2013, and
Central Bank of Malaysia Act 2009
Malaysia’s Banking sector is a booming industry. Vision 2020 and Shared Prosperity Vision 2030, is creating multiple jobs in each sector. Some of the major banks of the country are:
KAF Investment Bank
HSBC Bank Malaysia Berhad
Maybank Investment Bank
RHB Bank
Alliance Bank Malaysia Berhad
United Overseas Bank
Though the Investment Banks in Malaysia do not have a uniform recruitment process, the applicants go through a general aptitude test, group discussion, technical knowledge, and personal interaction rounds.
Malaysia is a great location for a job in Investment Banking due to English being a widely spoken language throughout the country. The promotion of ethical workforce policies may also be a deciding factor for the same.
Islamic Banking in Malaysia
Officially, more than half of Malaysia’s population follows Islam. As such they have also adopted a strong Islamic Banking centre and laws that govern it. In spirit of the parallelly existing banking systems, universities in Malaysia also offer courses in Islamic Banking and Finance which expands the job supply pool for aspiring investment bankers. Some of the top Islamic Banks in Malaysia are:
Alliance Islamic Bank Berhad, a principal subsidy of Alliance Bank Malaysia Berhad
Why Should You Pursue Investment Banking Courses in Malaysia?
Students may apply for jobs in Malaysian Investment banks through their respective websites. The Investment Banks also hold placement interviews at many universities. Thus, students pursuing Investment Banking courses in Malaysia have an edge over external aspirants.
Many of the best universities offering investment banking courses in Malaysia are situated in its capital city, Kuala Lumpur. This is an added benefit as Kuala Lumpur is also becoming a trending location for setting up offices for Global banks in addition to the Malaysian Banks.
Being a center for Islamic Banking, Malaysia also becomes a prime location for pursuing an Investment Banking Course as the students have two streams of Banking to choose from.
An Investment Banking career in Malaysia is a mine of opportunities and success. According to the Robert Walters Global Survey 2017, an investment banking professional can earn up to 84 thousand Malaysian Ringgits in their beginning years as analysts, two years of which are also treated as on-the-job training for the professionals by the banks.
Top 8 Investment Banking Courses in Malaysia:
1. IIM SKILLS
IIM SKILLS is a company dedicated to students and professionals upskilling in their or new fields since 2015. Their faculty is led by experts with over 12 years of experience.
They offer an online 3-month Certified Investment Banking Course to students and professionals in finance and related fields. The Certified Investment Banking Course by IIM SKILLS is a recognized course in the industry and can be a launchpad for your illustrious career.
The Asia School of Business was established in 2015 in collaboration with MIT Sloan. Thus, all its courses include an MIT Sloan immersion program for its students.
The Master in Central Banking courses focus on every aspect of central banking along with the best innovations and techniques in the industry. The students will get an on-hands experience in working in teams.
The course is open to all students with a bachelor’s degree in related fields and a CGPA of 2.50 or 2.00 after an internal inquiry. The admissions for the batch of September 2024 are open with the deadline being 29th March 2024, 3:00 PM.
Course Name: Master in Central Banking
Duration of Course: 12 Months
Mode of Study: On-Campus Master’s Program
Course Programmes
Systems Thinking
Macroeconomic Stability
Financial Markets
Financial Stability
Data and Digital Technology
Governance and Leadership
Course Highlights:
Student Accommodation is provided and is included in the fees.
A six-week MIT Sloan Immersion Course in Cambridge and in Kuala Lumpur
Students may apply for financial aid independently
Includes Insurance for students during the course.
Certification: The Master’s degree awarded by Asia School of Business, a Certificate of Completion by MIT Sloan
Universiti Utara Malaysia is a public management university situated in Sintok, Kedah, Malaysia, and also a branch campus in Kuala Lumpur. The Master in Islamic Finance and Banking is offered by the College of Business under the Universiti Utara Malaysia.
Available since 2012, the program aims to produce highly trained post-graduates for the Islamic Banking Industry.
The year-long program needs the students to earn 42 credit hours of subjects teaching the ins and outs of the Islamic Banking industry. The students may apply for the September 2024 batch through the college website.
Course Name: Masters in Islamic Finance and Banking
Duration of Course: 1 Year
Mode Of Study: On Campus
Course Programmes
Islamic Economics
Contemporary Islamic Banking
Islamic Financial Contracts and Maxims
Deduction Method and Maqasid Shariah
Course Highlights:
Student Accommodation is provided.
Students may apply for financial aid.
Certification: The degree is issued after successful completion of the course
Fees: RM 12,400 for full-time Malaysian Students, RM 3,929 for full-time Students
The University of Nottingham was first started in 1881 and expanded to Malaysia in 2005. This prestigious university campus is self-sufficient and offers high-quality living and state-of-the-art educational facilities to students and faculty.
This investment program is focused on the present and evolving banking practices. The Finance and Investment MSc course is one of the top 7 offline investment courses in Malaysia with on-campus studies. This program is offered to students who seek specialization in core financial elements.
Course Name: Finance and Investment MSc
Duration of Course: 1 Year
Mode Of Study: On Campus
Course Programmes
Capital market Analysis
Corporate Finance
Quantitative Research Methods for Finance and Investment
Derivative Investment
Fixed Interest Investment
Behavioral Economics and Decision Making
International Finance
Research Dissertation
Course Highlights:
Access to NUBS Financial Trading Room for expertise development
This investment banking course is affiliated with the Chartered Financial Analyst Institute University Affiliate Program.
The students may also apply for scholarships, grants, and financial aid offered by the university.
Fees: RM 48,900 for Malaysian Students, and RM 58,700 for International Students
UOW Malaysia was brought under the University of Wollongong, Australia in 2019. UOW Malaysia’s Bachelor in Accounting and Finance is an all-around course that educates its students in a 360-degree purview of accounting and finance operations on a global level.
The students also gain a legal perspective of the banking sector in Malaysia due to this course program. UOW Malaysia offers its students an unparalleled experience of college life and unique internship and networking opportunities on national and international levels.
Course Name: Bachelor in Accounting and Finance (Hons)
Duration of Course: 3 Years
Internship: Opportunity to earn internships with over 100 companies
Mode of Study: On Campus
Course Programmes
Oral Communication
Writing and Referencing
Principles of Economics, Marketing, Management and Finance
Financial and Management Accounting
Company and Business law
Research Methodology and Quantitative Methods
Accounting Information Systems
Corporate and International Finance
Financial Markets and Institutions
Financial Reporting and Management
Taxation
Basic and Advanced Auditing and Assurance
Investment Analysis
Course Highlights:
This Investment Banking Course exempts its graduates from several professional bodies’ papers like ACCA, CPA Australia and CIMA.
The course has also received validation from MICPA Malaysia
It offers a Job Shadowing program in Year 2 to give its students a real-world experience.
This program offers unique simulation training to its students in functioning in the VUCA world.
Fees: RM 77,750 for Malaysian Students and RM 95,380 for International Students
Contact: Phone: +603 5565 0538
Email: enquiry@uow.edu.my
Local Enquiry: +6012 236 3602
International Enquiry: international@uow.edu.my
6. Asian Banking School
The Asian Baking School (ASB) sets the standard for high-quality banking courses in the ASEAN region. The school has partnerships with several world-class educational institutes like the University of London and the University of Cambridge.
Besides the offline courses held at the training center in Malaysia, The ASB offers numerous online short-term courses dedicated towards specialization in different branches of Banking and Finance. The online courses are offered on the Frankfurt School e-Campus.
Some of the online Investment banking courses in Malaysia offered by ASB are:
Blockchain and Decentralised Finance (DEFI)- 8 Hours
Cryptocurrency: Mechanics, Risk Management and Applications- 8 Hours
Certified Expert in ESG & Impact Investing- 6 Months
Course Name: Certified Expert in ESG & Impact Investing
Duration of Course: 6 Months
Mode of Study: Online on Frankfurt School E-Campus
Course Programme:
UNIT 1 : Introduction and Overview- ESG Criteria & Impact Investing
UNIT 2 : Historical and Theoretical Context
UNIT 3 : Strategies for Measuring & Managing ESG Criteria and its Impact
UNIT 4 : Integrating ESG and Impact Management in the Investment Process
UNIT 5 : Specialised Financial Instruments and Legal Contracts in ESG
UNIT 6 : Ratings, Indicators, Non-Financial Reporting and Data in ESG
UNIT 7 : Elective Module- Choose from Marketing or Due Diligence
Course Highlights:
The ASB is dedicated to bringing quality personnel to the banking sector.
The ESG & Impact Investing course is formed in collaboration with the Frankfurt School of Finance & Management and a certificate is provided by the latter.
Certification: Yes, Available
Fees: RM 8,500 for AICB Members and EUR 1,700 for International Students
Contact: Phone: +603 2701 7822
Email: training@asianbankingschool.com
7. New York Institute of Finance
The New York Institute of Finance was founded by the New York Stock Exchange and offers various courses for budding bankers. The institute also offers ‘Mock Market’, a simulation trading activity in the exchange itself after trading hours. The Institute offers multiple banking courses at various levels and specializations which are:
Accounting
Hedge Funds
Quantitative Methods
Trading
Alternative Investments
Finance
Mergers & Acquisitions
Regulations and Compliance
Wealth Management
Derivatives & Options
FinTech
Operations
Risk
Equities
Fixed Income
Portfolio Management
Structured Products
The Institute offers Certified Investment Banking Courses in Malaysia due to the permeability of the Internet. The Investment Banking Certification Course is a self-paced 70-hour online course with multiple core and elective courses.
Course Name: Investment Banking Certification
Duration of Course: 70-hour self-paced online certification
Mode Of Study: Online
Course Programmes:
Finance of Managers
Financial Statement Analysis
Quantitative Methods and Techniques
Free Cash Flow Modeling
Essential Skills for Investment Banking and Finance
Corporate Finance
Business Valuation
Mergers & Acquisitions: Advanced Concepts and Theories
2 specialization courses from Capital Markets, Valuation, Fund Management, and Mergers & Acquisitions
Course Highlights:
This program is designed to give MBA-level knowledge at a graduate level.
The self-paced course enables the students to study at their own pace.
The elective specializations let the students achieve area expertise at an introductory level
Certification: Available
Fees: USD 990
Contact: Email- customerservice@nyif.com
8. Coursera
Coursera has innumerable courses on numerous subjects from more than 275 renowned universities throughout the world. The learning platform has a B Corp certification since 2021. Coursera courses are very flexible and designed for working adults to complete on their own time.
In fact, they even offer subject specialization by offering a package of courses to prospective students. Students are able to earn certified training for top-level universities without the lengthy application process. Through these efforts, international universities have been able to provide their investment banking courses in Malaysia.
Each of these investment banking courses in Malaysia is of variable fees and duration. Some universities offering investment banking courses in Malaysia through Coursera are:
University of Illinois at Urbana-Champaign
Yale University
Erasmus University Rotterdam
University of Geneva
Goldman Sachs
EDHEC Business School
New York Institute of Finance
Columbia University
Course Specialisation: Mergers and Acquisitions
Course Offered by: University of Illinois at Urbana-Champaign
Duration of Course: 2 Months at 10 Hours a week
Mode of Study: Online
Course Programmes:
Finance of Mergers and Acquisitions: Valuation and Pricing- 17 Hours
Finance of Mergers and Acquisitions: Designing an M&A Deal- 20 Hours
Accounting for Mergers and Acquisitions: Foundations- 8 Hours
Accounting for Mergers and Acquisitions: Advanced Topics- 7 Hours
Investment Banking: Financial Analysis and Valuation- 13 Hours
Investment Banking: M&A and Initial Public Offerings- 15 Hours
Certification: Available
Course Fees: MYR 750
Contact: https://about.coursera.org/contact/
Frequently Asked Questions
1. What jobs can I have in an Investment Banking career?
If you are interested in building a career in Investment Banking, it is necessary to know what jobs and designations you can hold as an Investment Banker:
Investment Banking Analyst
Investment Manager
Financial Advisor
Risk Manager
Capital Marketing Operating Consultant
Investor Relations Associate
Equity Analyst
Investment Consultant
Virtual Investment Banking Assistant
Investment Writer
2. What are the eligibility requirements for pursuing Investment Banking Courses in Malaysia?
To pursue investment banking courses in Malaysia, you must meet certain eligibility criteria:
An interest in studying economic and market trends.
An aptitude for mathematics and accountancy
Basic English speaking skills
If applying for a Master’s degree, you must also have a bachelor’s degree in Finance and Banking or related fields.
3. How to decide between offline and online investment banking courses in Malaysia?
While the Internet places innumerable options for investment banking courses in Malaysia, it is important to research from more than one source. While considering your prospective courses, keep in mind the faculty, facilities, location, the subjects offered, need for accommodation, Alumni Network, affordability, availability of the internet, and your chosen career specialization.
The online investment banking courses in Malaysia are visibly affordable and are flexible in timings and give you the ease of studying from home. In contrast, On-Campus courses offer you unique opportunities to be independent and also let you build a lasting network in the banking industry during your time at the campus.
4. What is VUCA?
VUCA was a term coined in 2001. In the ever-changing world scenario, VUCA was an acronym for Volatile, Uncertain, Complex, and Ambiguous. These terms were used to describe the world among the shifting demographics of the world. It is a good option to pursue an investment course in Malaysia despite these conditions as the Banking sector in the country has been forecasted to progress with stable growth.
5. How important are interpersonal skills for Investment Banking?
Very Important. As an Investment Banker, you may work as an Investor Relations Manager which will require you to liaise between your company and the present and prospective investors of the company. You may also be expected to know English to be able to communicate with international clients and investors.
Conclusion
World Economies may rise and fall but the relationships among them will always need management. Banking is the system that fills this responsibility. Investment Banking as a branch has a lot to offer as an Investment Banker can rise to be in a position of importance for his employers as his or her expertise can make or break a corporation.
These investment banking courses in Malaysia are beneficial to students because they give them extra credibility for employment in the country. Malaysia is a great location because of the relatively lower cost of living than other ASEAN countries. The several short-term courses in Investment Banking help the students advance their careers on a global level at an affordable cost.
Did you know that the Consulting industry is responsible for 25.4 percent of global employment? Consultants earn a salary close to one lakh ninety-two thousand dollars. But hey! Investment bankers are not that far away because they are anything close to one, like eighty thousand dollars or higher. Now, let’s compare them side by side here. This article, Investment Banking vs Consulting will give you a detailed idea of the concepts, and their key aspects and differences.
Investment Banking vs Consulting – Key Aspects
Number one: degree for a career in Investment Banking. You can opt for various degrees for this MBA specialization: an MBA in financial management and a master’s in finance. Whereas for a Consulting career, you can go for an MBA in general management or strategy and Consulting.
Number two: recruiters for a career in consulting; you can target top MBB firms like Bin and Company, BCG, and McKenzie. You can target EY, JP Morgan, Morgan Stanley, and Goldman Sachs in investment banking.
Number three is universities for a Consulting career. You can target top business schools like Chicago Booth, Duke Fuqua, Colombia, and Tuck University. Whereas for investment banking, Harvard, MIT Sloan, and NYU Stone will be great.
Today, we will compare the career path in investment banking with management consulting. Now, both these career paths are extremely lucrative, offering a range of opportunities for students.
So, I am writing a blog to compare both options more systematically and give you my final verdict on which career path I consider better. I will cover six specific points in this blog: I will help you understand the nature of work in investment banking and management consulting.
Second, we will understand the working hours and the lifestyle involved in both these career paths. Third, we will look at the exit options and opportunities once you leave investment banking and management consulting. What type of jobs can you get?
Fourth, we will analyze what types of profiles and people get into these career paths and what are some of the key and core skills required. Fifth: we will talk about money and salaries. How much money do you make?
And which career option gives you better salaries? Finally, I will leave you with some quick inputs and tips on how to get into both these career paths, so let’s start this blog.
So, let me quickly explain what investment bankers generally do. Investment bankers do a range of work, but predominantly, they do two types of major work. So, investment banks help their clients invest in different asset classes. That is one of the key goals of an investment banking firm.
Second, an investment banking firm also provides financial advisory slash transaction services. For example, if a major company like Zomato or Bumble wants to enter the stock market, then investment bankers will help these companies get into the stock market. They do something called underwriting.
Now, predominantly, these are the two major works that investment banks do, but they also engage in a wide range of other buy-side and sell-side transactions, which would be very difficult for anyone to define.
So I always love to give this analogy that honey bees get attracted to flowers that management consultants get attracted to money. So wherever money is to be made, you will always find investment banks doing some work there now. If you move on to management consulting, if you look at firms like BCG, Bain, and McKinsey.
They solve something called cases. Now, cases are business problems, so imagine that Amazon comes to McKinsey and says, Hey! McKinsey, we want to start a new venture to take people from Earth and put them on Mars.
Can you help us design a business strategy or plan for such a venture? Now, this is business analysis and broad business analysis, and firms like BCG, Bain, and McKinsey solve this kind of business case.
This is the primary difference between investment banks doing finance-oriented work, and it’s more focused work. Management consulting firms solve a broad range of business problems, which can be related to space travel. This can be related to retail. This can be related to oil and gas and a range of industries.
Investment Banking vs Consulting – Comparison of Lifestyle
Now, if you look at the lifestyle of investment bankers and management consultants, both live a very comfortable life from a monetary compensation perspective. They also have a very hectic lifestyle. But to give you some numbers, an average working week for an investment banker a five-day average working week would be somewhere around 65 to 70 hours.
It can change depending on your role and the type of deal that you’re starved for. Usually, mergers and acquisitions deals are very hectic, and investment bankers must spend approximately 90 to 100 hours per week working and getting started on such deals.
On the flip side, the management consulting lifestyle is slightly less hectic. A management consultant would spend 55 to 60 hours a week working on a case. This, again, depends on the type of office you have been staffed in and the type of project.
A general rule would be that investment bankers spend around 65 to 70 hours, and management consultants spend 55 to 60 hours weekly. This might look like a minor difference, but you should remember that spending 10-15 additional hours a week can cut into your sleep-eating routine.
It can disturb your mental peace and sleeping patterns, so remember. That is a very important consideration to be aware of. It would help if you also noticed that management consultants travel a lot.
The general routine at McKinsey and BCG is taking a flight from your home city every Monday and then going to the client’s location. You will work out till Thursday.
And you will return on Friday or Thursday night and spend time with your family over the weekends. Investment bankers do not engage extensively in travel, but they also get to travel.
But the bottom line is that traveling can be an advantage and disadvantage in management consulting. The advantage is the sense that you get to explore new cities, the disadvantage could be that you have to spend time away from your family.
On the flip side, in the case of investment banking, the working hours are very hectic. The second point that you need to notice in terms of lifestyle is that the work of investment bankers is very, very focused.
Let me explain that via an example. So you might have watched a show called Shark Tank; now several entrepreneurs have come, pitching in front of Mark Cuban and Kevin O’Leary, and get a deal done. Now, you watch the front end of the show.
The deal has been finalized, but someone needs to verify that deal; like, is the entrepreneur giving out the right numbers? Is the entrepreneur giving the right profit, revenue, and cost numbers? Do they have that existing business in place?
Do they have their legal regulations and permutations and combinations in place? Do they have the patents in place? This is called due diligence, a highly focused work investment bankers generally do. The work in investment banking is very, very focused. Please keep this in mind.
This can both be an advantage and a disadvantage. You would hate the work if you like doing only a few finance-oriented things and have become an investment banker. So keep that in mind. On the flip side, if you enjoy doing broad business analysis and case solving and interacting more with clients, then you would enjoy working in consulting.
So now that I have briefed you on these major points, you must ask yourself a question: is the lifestyle of a management consultant and investment banker sustainable? So, I would love you guys to comment in the comment section.
Is this lifestyle sustainable if you work more than 60 hours weekly? So, a final note from my side is that many of you might get scared that investment bankers and management consultants work around the clock, and they probably do not even sleep. They are very efficient people.
You must also remember that if you are looking at any high-end career path, be it investment banking management consulting, VC, private equity, or hedge fund jobs. Any high-impact work will demand a major part of your life, so you must see this from a pragmatic point of view.
You need to understand that when starting your career path, you will spend a lot of time gathering and gaining skills. Both investment banking and management consulting career paths are wonderful from that angle that they help you develop these core skills.
Yes, on the con side, it is there that your personal life suffers a little bit, but this is something that you can get over in terms of exit opportunities that both these career paths provide.
Investment Banking vs Consulting – Exit Options
Let’s start the third part of the blog, which concerns exit options for management consultants and investment bankers. Now, when it comes to investment banking, most people, after they get out of investment banking, end up joining buy-side firms.
For example, they will work with private equity, VC, and hedge funds. These are called buy-side rolls, and most roles are buy-side here. Many of the investment bankers end up doing an MBA. They switch to working in consulting or technology firms.
Now, the range of options is truly dynamic for investment bankers. After being an investment banker, even if you join a tech firm, you will most likely work in a finance-oriented finance-oriented role.
Now, many investment bankers choose to do an MBA or a master’s degree post there. They take a break from investment banking and then explore new career options.
Still, again, the most likely exit option, even after an MBA for prior investment bankers, is either in investment banking or buy-side firms like private equity, hedge funds, VC firms technology, and corporate HQ finance jobs.
Now, it is a management consulting firm, given that it presents you with a wide array of options or a bouquet of options you can execute. For example, you might know that Sundar Pichai was a management consultant, and even Isha Ambani was a management consultant at McKinsey.
Now, since the nature of management consulting jobs, in general, is that you work one day on an operations project, the next day on a marketing project, and the next day on a technology project, you can take up a range of work or range of jobs in the corporate domain after you exit from a management consulting firm.
I am not saying that investment bankers do not have a business sense. They, of course, do, but the point is that investment banking work is highly focused on finance compared to management consultants. Their broad business skill could be stronger.
Investment Banking vs Consulting – Suitable Profile for the Job
Let’s quickly look at what type of people get into management consulting and investment banking. So, first and foremost, almost any firm will look for high-caliber students and participants.
Now, for both these jobs, you must be a high performer, whether you want to work at JP Morgan, Morgan Stanley, McKinsey, or BCG. You must have a high GPA, GMAT, and GRE scores. These are all value-adding points.
Now, I do not mean to discourage you and say that if you are from a tier 2 college, you will not get into top-tier investment banking or management consulting firms. Now, these firms consider your brand value and equity very prominently. That’s one.
Second point: both these career paths require their candidates to have firm discipline in quants. So, if you are an engineer, that’s an add-on. If you have a very high GMAT or quant score, that’s an add-on.
This becomes especially prominent if you work in investment banking, a numbers-driven industry. They explicitly test out your interview in such a manner that they get to assess your number-crunching skills.
Conversely, if you’re interviewing with management consulting organizations, they will look for your broad business skill set and broad business knowledge. How you analyze cases, and along the way, they will test out your number skills.
An additional point is that investment banking or management consulting industries are client-facing. So you engage and interact with clients a lot, so your communication skills need to be top-notch. Therefore, problem-solving and communication are the first two skills required by management consulting and investment banking.
Investment Banking vs Consulting – Salaries
Now comes the interesting part, which is about money. So how much money do you make if you’re working as an investment banker vis a vis if you’re working as a management consultant? So, let’s first talk about management consultants.
Now, of course, there are different hierarchies. If you join a management consultant as an analyst right after your undergrad, you will make approximately 10 to 12 lakhs in Indian rupees.
Now, join a management consulting organization as an associate, which is usually a post given out to master’s level degree students, MBA students, or MPP students. You will make somewhere around 25 lakhs INR as the base pay.
Investment banking salaries are much higher. They are approximately 30 percent higher compared to consulting jobs. For example, if you work as an analyst at JPMorgan in India, you will make around 15 lakhs, and your bonus will kick in early.
Similarly, if you are working post-MBA at JP Morgan, you might make approximately 35 lakhs. So, that is the general rate for investment banking associate rules. Your salary structure will change as you grow in your investment banking or management consulting career path.
But approximately, there will be that 30 difference that will exist; that’s point one. And point two, even your bonus will take a major hit now to quickly talk about the bonus component that investment bankers make much higher bonuses than management consultants.
Now, I need help to give you an estimate of what the difference in the bonus and management consulting and investment banking industry are. However, the bonuses can cloud your base salary since the entire investment banking industry operates on commission depending on a good year.
So your bonus can be higher than your base salary, so please keep that in mind. Lastly, investment banking is a much more lucrative career path if you want to make money in the short term.
Investment Banking vs Consulting – Few Tips for Jobs
Now, this brings me to the final part of the blog. What type of people get in, and what are the skills? I briefly touched upon this earlier in the blog. But let me give you a quick summary: first and foremost, there is high mobility from investment banking to management consulting. For example, after their MBA, many investment bankers become management consultants.
Similarly, after graduating from business school, many management consultants work on the buy side roles, not necessarily in investment banking. Still, they can explore options in venture capital and private equity funds. So, what I am trying to get at is that both these career paths have a strong confluence. As a result, the recruiters look for similar kinds of skills.
They will look at your brand value, so if you can attend a top-tier master’s or bachelor’s program, do it. That’s useful.
Build your quantitative abilities to show your recruiters you are comfortable with numbers.
Be a very good people person and improve upon your communication skills.
Suppose you enjoy finance and are very active in finance and interested in finance. Develop your core finance skills if you want to work in management consulting.
On the flip side, if you need clarification about his career and what you would eventually want to do, being in management consulting can give you great exposure and a learning environment to develop your understanding of the entire business world.
And then subsequently choose to move into VC or private equity space. What is my final verdict on which career path is better? So, both career paths are perfect, but it suits certain people.
For example, management consulting might be a better option if you are like me and want to explore a different type of work. If you are very interested and passionate about entrepreneurship, then being in management consulting can help you kick start that career journey.
Slightly more easily. On the flip side, investing in investment banking can again be a valuable opportunity if you enjoy finance and are mad about finance.
FAQs Related to Investment Banking vs Consulting
1. What does a management consultant do?
Suppose you have chest pain, and your health is bad; what will you do now? You will go to a doctor. When you go to a doctor, you will be aboard. What will be written on the board? He is a Heart consultant/Chest consultant. It can be anything. But the consultant is now the particular thing in which your problem is. If you have a problem in the skin that is not going away, you have to see a doctor, skin consultant/dermatologist.
What do doctors do? If there is a problem, you need to become an expert. You will go to the doctor. The doctor will advise you and write the medicines on paper in half an hour. Now you have to buy those items and do your treatment. Then he will check what happened. This is the job of the consultant. The problem is not of the body but of the business. Imagine you have a big business.
Let’s say Reliance, Flipkart, and Amazon. They have big problems. They can invest two crores to solve the problem since it is 50 crores. To whom will you go? You will go to McKinsey Consultants. There will be a team among these consultants of McKinsey. If there is an HR problem in Reliance’s company, it has to be solved. So, you will go to the HR consulting team of McKinsey.
2. Is management consulting worth it?
First thing, the lifestyle would have been fancy. You would get up and sit with the CEOs. If you want to solve the problem of Flipkart CEO, then Flipkart will sit you in 5-star hotels. Ambani will make you stay in 5-star hotels. They call you into their office and get a presentation where people do not go. You have to work in the Nariman Point office, Which means you will get a fancy lifestyle.
Your exit options will be better. You are advising your CEOs by solving the problem. Suppose you still need to solve the problem of Reliance. You did it to Flipkart; you did it to the Myntra for one and a half years. Then Myntra will tell you that my strategy role is an in-house strategy role. You come here, it happens, and they give a lot of hikes.
3. Is management consulting stressful?
With great money, stress comes. It is not about the stress but how you manage it in your own life.
Concluding Thoughts on Investment Banking vs Consulting
This article is an in-depth comparison of investment banking vs consulting. I have covered the maximum points I could within the word limit. But if you choose any field of the two, both are wonderful as a career prospect. At last, it is a personal choice of liking the options.
GST is a single simple and indirect tax on the purchase of goods and services that applies to the whole country, transforming India into a unified common market. Input tax credits collected at each level will be accessible at the succeeding stage of value addition, making GST a value-added tax at each process. As a result, the ultimate customer will pay just the GST levied by the last seller in the supply chain, with predefined advantages at all prior levels. In this article, you will learn about GST certification courses in Kochi.
The History of GST in India
In July 2017, the GST (Goods and Services Tax) became effective in India. The process of adopting the new tax regime, on the other hand, began a long time ago. In 2000, the then Prime Minister of India, Atal Bihari Vajpayee, formed a committee to design the GST law. A task team decided in 2004 that a new tax structure should be implemented to improve the tax structure at the time.
In 2003, the Central Government established a committee on Fiscal Responsibility and Budget Management, which proposed replacing the former indirect tax structure with GST on the delivery of all goods and services in 2004. In 2006, the Finance Minister suggested the implementation of GST on April 1, 2010.
The Empowered Committee of State Finance Ministers, which designed State VAT, was asked to develop a path and framework for GST. Joint Working Groups of officials from the states and the center were formed to investigate different elements of GST and provide reports, particularly on exemptions and thresholds, taxation of services, and taxation on inter-state supplies.
In November 2009, the EC issued its First Discussion Paper on GST, based on internal and external consultations with the Central Government. In 2011, the Constitution Amendment Bill was enacted to facilitate the implementation of the GST law. The Standing Committee began discussing GST in 2012, and a year later, it submitted its GST report.
In 2014, Arun Jaitley, the new Finance Minister at the time, reintroduced the GST bill in Parliament, and it was enacted in Lok Sabha in 2015. However, the law’s implementation was postponed since it was not enacted in Rajya Sabha. GST came into effect in 2016, and the updated model of the GST statute was approved by both houses.
The President of India also granted his approval. In 2017, the Lok Sabha passed four supplemental GST Bills, which were approved by the Cabinet. The Rajya Sabha then enacted four extra GST Bills, and the new tax regime went into effect on July 1, 2017.
Purpose of GST
The Goods and Services Tax (GST) is an indirect tax reform that intends to eliminate tax barriers between states and establish single market access for anyone to buy, sell, import, and export inside the country. It is uniquely built and has class inside it, allowing traders economic independence. In the end, GST will benefit both businesses and consumers.
The average man gains from GST in two ways: first, all taxes are collected immediately at the point of purchase. Second, when tax barriers between states are removed, customers will no longer have to pay tax on tax, which is what happens when commodities cross state lines, resulting in a reduction in tax paid.
GST is applied at all levels, beginning from the manufacturing till the sale of the goods or services to the final consumer:
Manufacturer: The producer must pay GST on the raw materials acquired as well as on the value added to the goods.
Service Provider: The service provider must pay GST on the purchase of the product from the manufacturer as well as on the value added to it.
Retailer: The retailer must pay GST on the goods acquired from the supplier as well as the profit that has been applied.
Customer: The final chain of GST payer is the customer. The customer only pays GST on the final stage.
State Goods and Services Tax (SGST): The state government levies SGST on intra-state sales of products and services. Following that, the income is acquired by the state when the payments in issue occur.
Central Goods and Services Tax (CGST): The central government levies CGST on intra-state sales of goods and services. The competent authority is also in charge of collecting the income generated by this tax.
The Integrated Goods and Services Tax (IGST): IGST is levied on interstate transactions of goods and services, as well as imports and exports. According to the GST Bill, the income generated through IGST is shared equally by the Centre and the States. The state goods and services tax element of this tax is collected by the state in which the products and services were consumed.
Union Territory Goods and Services Tax (UTGST): This GST tax is charged by Union territories and is levied on all purchases conducted in any UT in India. It is comparable in terms of GST platform payment regulations and distribution.
Advantages of GST
Simple adherence: The core of India’s GST regime will be a solid and thorough IT infrastructure. As a result, all taxpayer services, such as registrations, returns, payments, and so on, will be available to taxpayers online, making adherence simple and obvious.
Uniform tax rate: GST would assure that indirect tax rates and structures are consistent across the nation, boosting stability and ease of conducting business. GST makes doing commerce in the country tax neutral, regardless of where it is done.
Eliminating the cascading effect: A structure of seamless tax credits across the value chain and state borders would guarantee minimal tax cascading. This would lower the unintentional expenses of conducting business.
Increased competitiveness: Lowering transaction costs of conducting business would gradually lead to increased competitiveness for commerce and industry.
Easy and simplified administration: GST is simple to manage, as it replaces several indirect taxes at the central and state levels. GST, supported by a comprehensive end-to-end IT infrastructure, is simpler and easier to manage than all previous indirect taxes imposed by the Centre and States to date.
Improved leakage controls: GST will result in improved tax compliance owing to a solid IT infrastructure. There is an inbuilt mechanism in the architecture of GST that would incentivize tax compliance by merchants due to the smooth flow of input tax credit from one level to another in the pipeline of value creation.
Better revenue efficacy: GST is intended to bring down the cost of collection of tax revenues of the Government, and would thus, contribute to higher revenue efficacy.
A single, clear tax based on the value of goods and services: The price of most goods and services in the nation today is burdened with various hidden taxes due to many indirect taxes charged by the Centre and States, with partial or no input tax credits available at successive levels of value addition. GST imposes a single tax from the manufacturer to the consumer, resulting in more openness of taxes paid by the ultimate consumer.
Reduction in the overall tax burden: Because of efficiency benefits and leakage avoidance, GST reduces the overall tax cost on most items, benefiting consumers.
Taxes absorbed into GST
Central
Central and Additional Excise Duty
Service tax
Additional and Special Additional Customs Duty
State
Sales Tax
Entertainment Tax
Central Sales Tax
Entry Tax
Purchase Tax
Luxury Tax
Lottery, gambling, and betting tax
Top 5 GST Certification Courses in Kochi
In the current context, GST is critical to the growth of India’s economy. Kochi is the ideal location for job seekers wishing to advance their careers in GST. Various institutes offer GST certification courses in Kochi. These courses will teach you how to practice and apply GST. The key benefit of GST certification courses in Kochi is its flexibility in terms of time and cost.
1. IIM Skills
IIM Skills is an online training institution that offers online courses in a variety of professional skills, including Content Writing, Technical Writing, GST, Digital Marketing, and SEO. IIM Skills’ programs are ranked first by several notable educational sites, including Career360, CourseDekho, AdvisorUncle, and CourseReport.
Only expert faculty instruct ambitious professionals at IIM Skills. IIM Skills is the greatest educational institute because of its virtual interactive classes, lifelong access, and assistance. Named “GST Practitioner Course” is an online GST certification course offered by IIM Skills.
This GST certification course in Kochi offers 16 hours of self-study lectures, practical assignments, and weekly assessments. The course training is delivered by industry experts through well-researched teaching methods.
Apart from living classes, a recording of each session is provided to the students for a better understanding of the concept and repeated watching. The GST certification course online is eligible for professionals, business owners and entrepreneurs, students, freshers, housewives, retired people, and anyone who wants to learn GST.
The course gives you a comprehensive understanding of the GST and its concept, working, and implementation. The course makes students professional experts in GST. On completion of the course, the students receive a certificate in collaboration with MSME.
The curriculum of the course includes:
Introduction to GST
Types, Eligibility, Registration, Rate Slabs
GST Invoicing
Returns
Composition Scheme, Reverse Change Mechanism, E-Way Bill, and Tax Credits.
Pearl Accountants is a Kochi-based accounting service that does all accounting tasks using the Tally software. By utilizing cutting-edge technology, they can provide comprehensive business advising services in one location. Pearl is a low-cost approach to managing your accounts and administrative tasks with highly skilled professionals.
They are next-generation accountants who work on an online platform. Along with accounting services, Pearl Accountants also provide GST certification courses in Kochi. The course is suitable for high school pass outs, graduates, MBA students, and experienced professionals.
There are many accounting positions available in India and overseas, but it is tough to locate the right applicant with the right skill set for the job. The course’s goal is to provide the exact skill set required to provide technology-based accountants to modern businesses.
The course is of one month where the practical aspect of accounting and business studies theory accounts for half of the course, while the other half comprises of real-world employment experience and work in the industry.
The curriculum of GST certification courses in Kochi includes:
ProHub Learning, the career path for aspiring business professionals, is the training sector of ProHub Process Management Private Limited and is based in Kerala’s commercial city, Kochi. ProHub Learning provides an unavoidable second step in developing a professional career for every student, in keeping with your unwavering aims of providing a strong theoretical foundation to the students and wishing every one of your students a prosperous career.
ProHub Learning provides GST certification courses in Kochi that are one of Kerala’s most economical and well-known GST courses. The course is eligible for professionals, graduates, postgraduates, freshers, accountants, officers, and individuals and candidates interested in GST.
GST certification courses online and in-classroom sessions are available with 35-40 hours of coaching. GST certification is a newer course that has recently expanded career options for graduates, resigned government employees, and other certified candidates such as Chartered Accountants and Business Secretaries. It improves the likelihood of a salary increase by 12% to 24%.
The curriculum of GST certification courses in Kochi:
GST Training and Laws
Taxation, Registration, Return filing, and Recordkeeping.
4. Brainz Academy
Brainz Academy is one of India’s premier financial and accounting institutes, offering the best instruction for anybody interested in a career in finance. The Academy’s goal is to succeed in professional work, serve its students with exceptional professionalism, and assist them in achieving their career goals.
The objective is to design and execute optimal educational techniques, as well as to assist students’ intellectual and creative activities as they transition from student to professional. The Academy offers GST certification courses in Kochi.
People who are resigned, or licensed tax practitioner or preparer, graduate or postgraduate in related field from Indian or foreign university, are eligible to enroll themselves in the course.
A registered GST practitioner provides information about outgoing and internal supply; makes payments into the cash book; returns on a monthly, quarterly, yearly, or final basis; files a refund claim and an application to terminate the registration.
Henry Harvin is a training platform that provides a variety of courses online. Henry Harvin has over 180 business and 110 college partnerships. The GST Practitioner Course of Henry Harvin provides GST certification courses in Kochi that give its students a 360-degree comprehensive understanding of GST, its concepts, rules, and regulations, and working.
The GST certification courses in Kochi here is taught by industry experts who speak at notable platforms like Aaj Tak and NDTV. The course covers the latest trends like GSTR 3B, GSTR 1, GSTR 2A with 32 hours of live online classes. In the course, students are given projects that allow them to apply the theoretical knowledge learned during the course into practical application.
After the course, the learners are provided with certificates recognized by the Government of India. Internship and placement support is given for 1 year.
The GST certification courses in Kochi cover:
Supply chain, Export, and Import, E-Way Bill
Tax Credit and Registration
Accounts
Litigation
Frequently Asked Questions
1. How do I register my business for GST?
To register for GST follow the below steps:
Open GST portal
Generate a Temporary Reference Number (TRN) by finishing OTP verification
Login with generated TRN
Submit Your Company Information
Submit the Information of your Promoter
Submit the Information of the Authorized Signatory
Main Location of the Business
Additional Location of Business
Specification of Goods and Services
2. How to download the GST certificate?
Open your account in the GST portal
Go to User Services under the Services section and click on the View/ Download Certificates option.
Download your GST certificate.
3. Are there any national examinations for GST practitioners?
To become a Certified GST Practitioner, you must pass the NACIN (National Academy of Customs, Indirect Taxes, and Narcotics) GSTP exam with a score of 50%.
Conclusion
GST has a significant influence on various industries, including vehicles, logistics, home décor, e-commerce, media, and entertainment. As a consequence, GST certification courses in Kochi are a wonderful place to start if you want to boost your job chances. GST has opened up a whole new world of professional options. Almost every firm, whether in the service or industrial industries, must keep appropriate books of records.
As a result, they need accounts officers, directors, or even CA who are well-versed in GST. As a result, qualified GST professionals are in great demand. GST compensation might skyrocket after completing a GST certification course online or in-classroom. With the increasing need for GST, there are several career possibilities in GST: Taxation Manager, Taxation Research Analyst, Tax Reconciliation Accountant, GST Compliance Executive, and GST Practitioner.
Technology has grown in scope and is being updated daily. Because the field of computer science is becoming increasingly competitive, every student should be aware of these factors and must adapt and understand them. However, the issue of students’ bright futures begins with their post-secondary profession choices. Diploma computer courses in Mumbai are an alternative for those who have completed their secondary education.
Diploma courses are becoming increasingly popular among students and job seekers as the use of computers grows in almost every field. As a result, Mumbai is a diversified city with an abundance of opportunities. A diploma course will also help you build your resume. So, let’s explore what the greatest diploma computer courses in Mumbai are.
To use computers as a research and development tool, future generations will require computer literate workers with a deep understanding of computers. Furthermore, as computers become more widespread in technology-driven cultures, we will require highly skilled people who have a complete understanding of how computers operate.
The Top 6 diploma computer courses in Mumbai are as follows:
Diploma in Computer Application (DCA)
A Diploma in Computer Application [DCA] will give the student a thorough grasp of computer applications, as well as practical and technical abilities and familiarity with the many computer programs and applications that are employed in modern life. It is one of Mumbai’s best diploma computer courses.
This course provides students with information on a variety of areas that are important for a successful career. A Diploma Computer course covers the following topics:
Microsoft Office
Operating Systems
Internet & Computer Organization Fundamentals
RDBMS & Data Management
C is a programming language.
Visual Fundamentals
Photoshop & Multimedia and more
Possibility of Employment
You might be able to find work in databases, networking, technical writing, software, graphic design, or e-commerce after finishing the Diploma in Computer Applications. Additionally, DCA graduates have a variety of job prospects in both the public and private sectors, which can be explored.
Work Profiles where you can work as in:
Graphic Designer
Web Developer
System Tester
Application Support Executive
Web Designer
Computer Operator
Software Developer
Data Entry Operator
C++ Developer
Top Institutes of diploma computer courses in Mumbai:
Mumbai University
National Institute of Management
Rajiv Gandhi Polytechnic
Dharam Peth Polytechnic
Aptech computer education
Continuous advancement in computer science has resulted in an increasing demand for workers with a thorough understanding of basic computer applications. As a result, taking diploma computer courses in Mumbai is vital.
One of the best diploma computer courses in Mumbai is a diploma in computer programming, which comprises two years of full-time study in information technology and computer science. The Computer Programming course is designed to generate supervisors with practical skills and a worldwide perspective.
Computer programming is the process of writing instructions for a computer to follow. Programming languages are used to provide computer-readable instructions that can be utilized to complete a task or solve an issue.
The majority of colleges and academies follow the curriculum outlined below. The course syllabus will differ from one campus to the next and from one college to another:
Tally A/c
Windows
Flow Chart
Visual Basic 9.0
Oracle 9i
Software Development
Techniques
CorelDraw
PageMaker
Photoshop
Programming concept
Job Opportunity
A wide range of topics is covered in computer programming diplomas. Students who want to continue their studies or find work can do so with the Diploma. After earning a Diploma in Computer Programming, you will have numerous employment options in the business world. Initially, they can work as software engineers, system developers, or programmers.
Second, students have plenty of opportunities to learn about PC hardware and become hardware engineers. They can eventually work as network engineers. Diploma holders with a background in multimedia and web design have a plethora of options.
Work Profiles where you can work as in:
Editors
Computer Programmers
Accountants
Graphic Designers
Programmers
Website Developers
Training Institutes of Diploma in Computer Courses in Mumbai Are:
University of Mumbai
Brainpoint computer institute
Vidyalankar Polytechnic.
Government Polytechnic
This diploma program teaches students how to use the computer programs that they will use daily. Computers have become a common element of daily life as technology has advanced.
Diploma in Computer Maintenance
Computer usage has increased dramatically over the previous few decades in all industries, including businesses, workplaces, and residences. As a result, there has been an increase in the demand for specialists to maintain and repair computers as the number of computers has increased. In addition to computers, maintainers are responsible for the servers, networks, and accessories that allow computers to communicate with one another and with the internet.
Topics covered:
Computer fundamentals
Hardware components
Application and system software
Digital fundamentals
Networking
Computer security
Web security
Preventive maintenance
Corrective maintenance or troubleshooting
Job Opportunity
Computer maintenance technicians set up, configure, and repair computers, software, and network hardware. A high school diploma and some college study are required for employment in this sector.
Many employment choices exist in the field of computer maintenance. The maintenance of computer hardware and software is the responsibility of the computer engineering technician. Installs, configures, updates, and maintains computer hardware and systems as a field service technician or computer repair technician.
Work Profiles you can work as in:
Network and Computer System Administrator
Computer Network Architect
Computer Hardware Engineer
Top Institutes That Offers this Diploma in Computer Courses in Mumbai Are:
Sri Ram Institute of Technology
Aptech learning institute
Computer IT training institute
MET Institute of computer science
In this industry, the information technology sector provides the majority of job opportunities. The number of businesses in this industry is rapidly increasing. In recent years, India has established itself as a global software and IT destination.
The number of global corporations opening offices in the city is growing. In addition, scores of new start-ups are launched regularly in the country.
Diploma in Programming in Advanced Computer Languages
A programming language, unlike a language that merely includes instructions, has a variety of outputs. It’s used to carry out algorithms in computer programming, for example. Many programming languages have been developed, with dozens more being added every year, yet only a small percentage of them are licensed or used by programmers.
Only the most user-friendly and easy-to-understand programming languages, on the other hand, should be used. Software and application development languages are evolving in lockstep with computer programming. As a result, each developer type employs a distinct programming language.
Since some languages are appropriate for novice programmers, others are better suited to advanced programmers. In addition, various languages are better suited to specific use cases, such as web, mobile, and distributed systems.
Topics covered:
Computer Organisation
Windows OS
MS Office 2013
Outlook 2013
MS Access 2013 using ISM
Bharatiya Open Office
Programming in C/C++
NET
VB Script
MS SQL
Multilingual Technology Course Contents
Computer Organisation
Windows OS
MS Office 2013
Outlook 2013
MS Access 2013 using ISM
Programming in C/C++
NET
VB Script
MS SQL
Multilingual Technology
Job Opportunity
Several new programming languages are on the road, each aimed at a different level of developer (beginner, intermediate, and expert). Similarly, for various applications (web applications, mobile applications, game development, distributed systems, etc.).
The most crucial skill to learn in today’s environment is how to program computers. Developers and the programming community are progressing at a breakneck speed. The following is a list of job openings for advanced programming computer language diploma holders:
Colleges & Universities
Data Entry Centres
Game Developing Offices
IT Consultancy
Defense Services
Retailing Sector
Telecommunication Companies
Software application developer
Web developer
Computer systems engineer
Database administrator
Computer systems analyst
Software quality assurance (QA) engineer
Business intelligence analyst
Computer programmer
Training Institutes of advanced Diploma Computer Courses in Mumbai Are:
Chembur Sarvankash Shikshan Shastra Mahavidyalaya
Aptech learning
Laqshya Institute of Skills Training
These languages vary greatly in their utility and simplicity of learning. Among beginners, Python is the most popular programming language. It’s simple to deploy and utilize once you’ve learned how to do so. Java has been a widely-used programming language for more than three decades.
This is the language used in Android apps. Furthermore, C and C++ form the core of today’s operating systems and file systems. Most diploma computer courses in Mumbai include these subjects. However, the programming language is the primary focus of this course.
Computer-Aided Design and Drawing (CADD)
Before real-world things are manufactured, the computer-aided design process involves creating digital copies of 2D images and 3D models. Then, with 3D modeling technologies, sharing, reviewing, simulating, and updating designs is a breeze, resulting in new items that stand out from the crowd.
It also boosts designer productivity, improves design quality, generates a manufacturing database, and promotes communication through documentation.
Job Opportunity
Demand for sketching employment is expected to continue to rise over the next decade. Computer-aided design (CAD), the occupation with the highest growth rate among all other jobs, grows by roughly 7% yearly, according to the Bureau of Labor Statistics. It is one of the most popular diploma computer courses in Mumbai. Engineers and architects employ the vast majority of credential holders.
The following are the industries with the most jobs:
IT Industry
Interior Designing Companies
Manufacturing Units
Shipbuilding Industry
Electronic and Hardware Companies
Civil Aviation
Work profile you can work as in:
Mechanical drafter
Architectural drafter
Electrical drafter
Land surveyor
Interior designer
Architect
Naval architect
Surveying and mapping technician
Civil engineering technician
Industrial engineering technician
Training Institutes of diploma Computer Courses in Mumbai Are:
Milestone institute of technology
Nettech India
CADD center
KVS Infotech solution
CAD and digital marketing, architectural CAD, mechanical CAD, and CAD drawing are all specializations. As a result, diploma computer courses in Mumbai offer more than one benefit that makes finding work easier.
Diploma in Computer Engineering
Academic programs at the 10+2 level include diplomas in computer engineering and computer science engineering. It is a significant course among Mumbai’s diploma computer courses. Students will learn about computer science, mathematics, computing methodologies, and engineering in this course.
Students will gain the skills they need to become IT professionals and enter the job market as a result of this course. This curriculum is offered by several polytechnic colleges.
Students must have completed class 10 at a recognized board to be eligible for a computer science diploma. Students who studied the science stream in their 10+2 with physics, chemistry, and mathematics topics will have a better understanding of this subject.
Curriculum:
1st year
Soft Skills–I & Communication Techniques
Programming In C
Applied Mathematics
Digital Electronics
IT Skills And Technology
Computer Organization & Microprocessor
Basic Electronics And Electrical
Environment Science
Workshop Practice
Applied Physics
Engineering Graphics
2nd year
Soft Skills –II
Computer Networks Fundamentals
Computer Peripheral & Troubleshooting
Database Management System
Data Structure Using C
Computer Workshop
Operating System
Software Engineering
3rd year
Human Values & Personality Development
Computer Graphics & Animation
Oops Using Java
Entrepreneurship Development & Management Seminar
Indian Constitution
projects
Job Opportunity
With a computer engineering degree, your chances of landing a job are great. Participants will be competent in both the public and private sectors after completing the course. Global corporations, network industries, academic institutions, healthcare companies, and defense and aerospace companies are all represented.
Web designers, operations executives, system administrators, UI designers, UX designers, networking experts, cloud architects, and many other jobs are available to graduates with a diploma in computer engineering.
There are several employment choices open to people pursuing a diploma in computer engineering. The following is a list of some of the major jobs they could pursue.
Computer programmer
Software developer
Network engineer
Computer system administrator
Training Institutes of Diploma in Computer Courses in Mumbai Are:
Government Polytechnic
Babasaheb Gawde Institute of Technology
DY Patil Polytechnic
Kala Vidya Mandir Institute of Technology
Computer programming, operating systems, networking, databases, and other topics are covered in this course. You will be able to work as a programmer, system analyst, cloud architect, and manage computers for other businesses after completing the program. When you don’t want to work, you can study for a postgraduate degree in that profession on the computer.
Frequently Asked Question
Is it possible for me to get a computer diploma?
Ans: Admit students to the Diploma in Computer Science program based on merit, and certain universities may hold an entrance exam for this program. LPU Jalandhar, JMI New Delhi, Techno India University Kolkata, SLIET Longowal Punjab, and others are among the top diploma in computer science colleges.
What is the most advanced computer programming language?
Ans: Python and Java are examples of advanced programming languages. C and C++ are efficient programming languages. These are the languages that are most usually utilized.
What exactly is a certificate in computer programming?
Ans: The Diploma in Computer Programming is a full-time normal diploma study in computer and information technology that lasts for 1-2 years. The goal of Computer Programming is to generate experts that are both practical and supervisory. It is one of the university’s most noticeable Computer Programming programs.
Conclusion
Computers have simplified work and alleviated human suffering in several industries. As a result, there is an increasing demand for technicians. As a result, job options and learning requirements have expanded. The courses listed here are the most popular diploma computer courses in Mumbai.
Courses such as the diploma in modern office practice, the diploma in computer in office management, and the diploma in computer teacher training are also available. There is also a plethora of online courses available in web design, digital marketing, and cyber security. As a result, you’ll get more out of each course and become a more enticing prospect for hiring.
