Frequently Asked Questions

The traditional banking industry is facing rapid digital disruption. Legacy systems and infrastructure are being challenged by non-banking tech players who can digitally transform their business models to serve customers better.

A highly capable digital leadership is at the center of any successful digital transformation. However, according to Forrester, banks will run into a severe shortage of digital skills. Digital banking leaders command a premium because they change the outdated culture into new forward-looking behavior. As a result, digitally equipped banking professionals are commanding over ₹47 LPA.

The evolution of banking needs professionals with exceptional digital leadership capabilities.

The NIBM Advantage: Leverage the world-class expertise of NIBM in research, training, education and consultancy in bank management.

World-Class Faculty: Taught by leading researchers and experts in digital banking

Real-world Curriculum: Prepare to become a digitalisation expert with LIVE banking projects

Fast-track Growth: Drive self and lead your bank through digital transformation

Most-preferred Learning Platform: Learn on TalentSprint's award-winning Pracademic Platform, the best-in-class interactive AI-powered digital delivery platform.

Network with Leaders: Learn with an outstanding peer group of senior experienced professionals.

The global digital transformation in BFSI is projected to reach $164 billion by 2027.

Banks are already digitalizing at a rapid pace as evidenced by recent developments.

• HDFC Bank ‘SmartUp’ current account
  Start-ups to get a smarter tool to manage funds

• Kotak Bank same-day settlement
  Helping merchants with immediate cash-flow requirements

• IndusInd Bank launches digital lending platform
  To use analytics and ML for issuing loans and cards

• ICICI Bank launches STACK
  Customised digital banking solutions to companies in 15 sectors

• Bank of Baroda opens accounts in minutes
  Technology helps reduce costs, and manage low balance accounts

• Axis Bank issues LC on Govt-backed platform
  Supporting clients to digitise their entire supply chain

To make the most of this transformation, tomorrow's banks need a digital-first mindset and tech-informed leadership.

The programme can help you advance your career by

• Developing a leadership mindset to navigate digital banking
• Deep diving into digital technologies transforming banking
• Leveraging new growth opportunities in the digital banking space

The programme enables you to transition to a Digital Banking role and transform your organisation

Professional Growth
• Develop a leadership mindset to navigate digital banking
• Deep dive into digital technologies transforming banking
• Leverage new growth opportunities in the digital banking space

Transformational Impact
• Apply the power of technology in banking
• Build modeling techniques to drive growth
• Develop new strategic capabilities that create a competitive edge

The programme is best suited for
• Heads/Senior Professionals in Retail Banking
• Heads/Senior Professionals in Mobile/Digital Banking
• Senior Professionals within Fintech Firms

The programme will be taught by the esteemed NIBM Faculty. To meet your future mentors, visit here

The programme will be delivered in an interactive online format, retaining effectiveness while maintaining safety. The format uniquely combines the benefits of an in-class programme with the flexibility and safety of online learning.

• Synchronous programme delivery by expert faculty
• Interact and get doubts answered by faculty
• Peer learning through working in groups with other participants
• Support from mentors for projects
• Re-attend classes through recorded archives
• Access videos easily with searchable and indexed video archives
• Learn from the comfort and safety of your home
• Office hours with one-on-one mentor support

Your peers will be experienced and senior management professionals from diverse organizations across Banking, Finance, Insurance, NBFC, FinTech, Financial Markets, Consulting, Infrastructure Finance Companies, Cooperative Banks, preparing for leadership roles.

This is an expertise building programme for experienced professionals. You will obtain a certification from NIBM, an apex institution for banking and finance, established by the Reserve Bank of India.

A certificate of successful completion is provided upon completion of all requirements of the program. All examinations and evaluations related to the certification are carried out by NIBM.

The programme format with LIVE Interactive Sessions, capstones, group projects and case study analysis enables a conducive environment to network with your peers in the cohort. Most participants can continue to network even after the cohort by using the alumni portal.

As an Institution of National Importance, NIBM is an apex institution in Banking and Finance and one of the three research units under the ownership of the Reserve Bank of India which is in turn under the jurisdiction of the Ministry of Finance, GoI. This program is a fully approved certificate programme offered through NIBM.

All participants are required to execute, before the start of the program, an agreement that consists of the standard programme Terms and Conditions. It has the following components:

Part A: Etiquette and Platform Rights
Classroom Etiquette & General Policy Guidelines
Tools and Platforms in Use
Tools and Platforms: Terms of Use

Part B: Honor Code

Part C: Certification

Part D: Programme Fee, Refund, and Termination Policy

Candidates will be selected based on the details of education, work experience, and a statement of purpose submitted along with the application.

A Relationship Manager will be assigned to the applicant, who will gather all the necessary information and represent his/her candidature to the selection committee at NIBM for review.

• A banking or finance professional in the public/private sectors

• A tech or consulting professional working with/for BFSI domain

Education: Any Bachelor/Master’s degree in any discipline with a minimum 50% marks

Experience: Minimum 5 years

Join in these easy steps:

• Share your details and apply for the programme
• Submit all the necessary documents
• The programme selection committee at NIBM will evaluate your candidature
• Upon selection, complete your enrollment and join the programme

Module 1: Digital Banking and Finance

1. Digital Transformation and Technology Change in Banking:
   1. Banking Technologies
   2. Digital Banking Eco-System
   3. Digital Payment Systems and Innovations
   4. Banks and FinTech Collaborative models
   5. Open/API (Application Programming Interface) Banking, Neo Banking, Banking as a Service (BAAS)
   6. Overview of Blockchain Technology, Cryptocurrency and Central Bank Digital Currency, Cloud computing utilization
   7. Robotic Process Automation (RPA) in Banking
2. Developments in Global Financial Markets:
   1. Key Macroeconomic Variables and their Interrelationships
      1. Macro Factors, Business Cycles, Inflation Measures
      2. Macroeconomic Policy in an Open Economy: Monetary Policy
         Measures of RBI and Other Major Central Banks
      3. Fiscal Policy Measures
      4. Financial Markets: Policy Trilemma, Global Forex Markets
   2. Fundamental Macroeconomic Factors Affecting Money, Bond and Forex Market
      1. Macroeconomic & Financial Market Interactions
      2. Case Discussions
   3. Financial Market Development and Financial Stability
      1. Issues in Financial Stability, Banking & Non-Banking Channels
      2. Financial Crises, International Contagion and Spillover of Central Banks’ action
   4. Impact of Digitalization on Banking and Financial Market Stability

Module 2: Modern Technologies - AIML & Blockchain Applications in Banking

1. AI & Data Science
   1. Demystifying AI and Opportunities of AI in Banking
   2. Important use cases of AI
      1. Fraud Detection
      2. Portfolio Diversification
      3. Market Sentiment Analysis using Twitter
   3. Understanding AI Algorithms
      1. Supervised Learning: Regression & Classification with Linear Models, Decision Trees & Random Forests
      2. Unsupervised Learning: Clustering (K-means and Agglomerative), PCA
   4. Neural Networks
2. Blockchain
   1. Demystifying Blockchain
   2. Popular case studies in Blockchain for BFSI
      1. International Money Transfer
      2. SME Funding
      3. Corporate currency
   3. Understanding Blockchain in Action
      1. Blockchain Trade-off (Multichain, Ripple, CORDA, etc)
      2. Facebook Libra and Corporate Currencies
      3. CBDC and its Paradoxes
   4. Project: Blockchain Whitepaper

Module 3: Transforming to the Digital Era

1. Credit Management in a Digital World
   1. Conceptual Framework
      1. Credit Analysis and Lending Decisions
      2. Credit Monitoring and Early Warning Signals
      3. NPA Recovery- Legal and Non-Legal Measures
2. Business Data Analytics and Financial Modeling
   1. Introduction to Business Analytics, Types of Data Analytics
   2. Examining Data Distribution and Data Visualization
   3. Hypothesis setting & Model Building Steps
   4. Regression Analysis for Examining Profitability and Performance
   5. Predictive and Descriptive Modeling techniques
   6. Banking applications using techniques like Decision Trees, KNN, K-Means
   7. Random Forest and Logistic Regression Techniques
   8. Forecasting Models and its applications in Banking
   9. Multivariate Approaches
   10. Interpretation and Validation of Multivariate Results
   11. Overview of R, Python and STATA Statistical Packages for Data Analysis
3. Modern Concepts of Risk Management
   1. Credit Risk Management Framework
   2. Recent Developments in Credit Risk Modeling and Prediction of Default
   3. Market Risk Management Techniques
   4. Value at Risk for Market Risk
   5. Liquidity Risk Management Framework
   6. Modern Portfolio Credit Risk Management Techniques
   7. Operational Risk Management Framework
   8. Emergence of new Pillar 2 Risks-Model Risk, Climate Change Risk, Reputation Risk
   9. Evolution of Basel Accord and Risk Analytics
   10. Risk Adjusted Performance Measures
   11. Risk Governance Framework in Digital Era
4. Digital Marketing and Customer Analytics
   1. Customer facilitation using digital tools and self-service technologies
   2. Customer engagement in a digital world
   3. Digital marketing and customer acquisition strategies
   4. Digital customer journeys
   5. Customer analytics
   6. Personalization and cross-selling strategies
   7. Use of machine learning and natural language processing
   8. CRM for acquisition and customer loyalty
   9. Managing e-service quality and digital experiences
   10. Emerging digital technologies–virtual and augmented reality
   11. Omnichannel management for successful digital transformation

Module 4: Leadership and Change Management

1. Organizational Change Management & HR in Digital Space
   1. Understanding self and understanding others
   2. Leadership Challenges in the VUCA World
   3. Managing People Risk & Risk Culture in Banks
   4. Effective Communication & Listening Skills
   5. Conflict Management for Leaders
   6. Decision Making - A Risk focused approach
   7. Performance-A Competency-based Approach for Leaders
   8. Performance & Stakeholder Engagement
   9. Organisational Transformation through Engaged Leadership
2. Effective Leadership for Digital Business
   1. Business environment challenges in the digital economy
   2. Digital business models, strategies and leadership
   3. Organisational structure of digital businesses
   4. Inter-organizational collaboration in digital networks
   5. Management of digital technologies and innovations
   6. Digital transformation and change management
   7. Agility and team performance in digital workplaces
   8. New leadership skills for leading digital workers
   9. Intellectual property and digital rights management
   10. Corporate governance in digital banking and finance
   11. Digital business leaders in banking and financial services

Module 5: Capstone Project

Admissions closed for Batch 3.

It is a 6 months programme comprising of

• 3 Days Visit to NIBM Campus
• Live Interactive Sessions by NIBM Faculty and Digital Banking Practitioners
• Best-in-class, Group Projects and Capstone Projects

The programme will be delivered through faculty-led interactive live sessions on TalentSprint’s ipearl.ai. These online sessions will be held at a schedule convenient for working professionals. Participants will be able to interact with the faculty through video, audio, and chat. They will also be able to chat with fellow participants of the programme during online sessions.

As per the programme norms, participants have to maintain at least 75% of attendance during the programme. Going by the curriculum, it is recommended that participants maintain attendance for enriched learning. In the event of unavoidable circumstances, if any, one can access the recorded lectures on our platform to cover up for the missed sessions.

The programme includes continuous formative and summative assessments. The final scores will be determined based on the sum of scores of various assessments.

Yes, participants are required to have their laptops.

Reading material (pre/post session) will be shared regularly through the Online Learning Management System. The access will be available for 1 year from the date of the commencement of the programme.

A certificate of successful completion is provided upon completion of all requirements of the programme. All examinations and evaluations related to the certification are carried out by NIBM.

For programme fee-related details, please visit Fee page

Yes, flexible EMI options are available that enable you to pay the programme fee in installments. Please reach out to your RM to know about the details of the schemes available.

Scholarships are not available for this programme.

No, the application fee is non-refundable.

No. The programme fee is non-refundable and non-transferable under any circumstances.

Professionals have multiple options for funding.

• Sponsored by employer
• Self-funded: Based on our experience of enabling 3000+ professionals who have participated in our executive programs, self-funding is the most preferred option with over 80% choosing this.
  Three key reasons why professionals opt for it:
  • Freedom: To opt for a programme of their choice, at a time of their choice, with an institution of their choice and not be restrained by the organization’s policy.
  • Flexibility: To pursue greater career opportunities well even beyond their current employer or to nurture their entrepreneurial ambitions.
  • Funding: Access to flexible EMI schemes (paying as low as Rs. 5,550 per lac per month).

We have also observed that the commitment levels were higher among self-funding participants.

ipearl.ai (Interactive Platform for Experiential and Remote Learning) is created by TalentSprint’s engineering team led by our Chief Technology Officer, an IIT Kanpur alumni. The platform integrates best-in-class open source technologies and SaaS services and perfected them over the last seven years.

When this platform was built, we intended to offer it to our partners and customers for digital learning and delivery. Since 2013, the platform has been extensively used by IIM Calcutta, IIT Kanpur, IIIT Hyderabad and IIT Hyderabad, and many more of our customers and partners. To date, more than 300,000 students have used this platform, which is reputed for user experience, quality, and scale.

This feature-rich platform has become so popular that some of our partners are now using it for their academic needs.

The tried and tested direct-to-device platform enables 24 x 7 learning for its users. Some key benefits of the platform are:

• Intuitive student experience through a user-friendly LMS
• Seamless faculty experience through state-of-the-art Studios
• Highly Interactive Online Classes
• Effective group/peer learning/projects through Breakout Rooms
• Proctored Online Assessments with detailed analysis
• Insightful Reports on student engagement and performance
• Flexible integration with other components, as needed

A comparative study of iPearl.ai against Canvas, Impartus, Moodle, Google Classroom, Microsoft Teams, and Zoom was conducted.
Features in the following categories were compared:

• Instructor-led Learning
• Self-paced Learning
• Assessments/Evaluations
• User Experience
• Customer Support
• Scalability and Performance
• Integration and Customization
• Others

Do not worry. In case you miss a session, you will be given access to view the recorded version of the session soon.

An internet-connected device, Computer/Laptop/Tablet/Smartphone, is enough to access the platform.

• Web-camera and Mic with necessary power backup will be needed for proctored online assessments.

• Established by the Reserve Bank of India
• Consultant to TRAI, UCO Bank, Syndicate Bank, Exim Bank, UCO Bank
• #3500 Professionals trained every year
• #100+ Books published
• #150+ Training programs

NIBM was established in 1969 by the Reserve Bank of India in consultation with the Government of India as an autonomous "think-tank" for the Indian banking system. It is intended to make the industry better equipped to aid national development. The institute focuses on helping banking professionals make their organizations competitive.

The NIBM is chaired by the Governor of RBI and includes representatives from the various member banks and educational institutes. The Institute conducts Action Research Projects that assist in policy formulation and evaluation both at the individual bank level and the systems level. For more information visit https://www.nibmindia.org/