Introduction to the Major Principles Followed in Canadian Banking
The present Canadian banking system emphasizes the fact that all the principles behind it are the result of evolution. This means that the Canadian banking principles were not made but just evolved after several decades of operation. The principles have grown, developed, prospered and suffered along with the country especially during its most trying times. The Canadian banking system and its principles are now considered as the country’s backbone of agriculture and commerce. The principles used in Canadian banking should not be viewed as conceptual. These should be perceived as the basis or foundation for any tangible actions. The actions should also be clearly practiced by the participants and panelists of the Canadian banking system to guarantee that the principles are successfully applied in various business organizations and banking institutions.
One of the major principles behind Canadian banking is focused on rebuilding brand and improving the experience of customers while also strengthening relationships. This principle states that the majority of the clients no longer put their full trust to their banking or financial institutions just like before so the banks need to rebuild their brand to improve the experience of customers and gain back their trust by strengthening relationships. Another vital Canadian banking principle is to balance simplicity and complexity. This means that financial and banking institutions should work towards deciding which among their services is suitable for their clients and business strategies. Another essential principle in Canadian banking is more focused in rebuilding infrastructure as a means of satisfying any changed demands in spite of any investment in legacy systems.
Brainmeasures Canadian Banking Principles Certification Program
If you are one of the many people who wish to completely understand all the principles that are now used in Canadian banking, then the Canadian banking principles certification program can do you a lot of good. This Canadian banking principles course is one hundred percent guaranteed to offer you a more detailed description of the basic banking and finance structure in Canada so understanding its entire banking system will never become impossible. As one of the most effective and reputable online certification companies at present, you can expect Brainmeasures to offer you nothing but the best and the most accurate and updated information regarding Canadian banking. The online banking course will let you obtain a clearer perspective on how most Canadian banks operate at present and how they continue to thrive in the industry. Completing the Canadian banking principles certification is very rewarding since this will allow you to finally take a hold of your certificate and use it to get profitable positions in any reputable banking or financial institution.
Highlights of the Canadian Banking Principles Certification Program Offered by Brainmeasures
The Canadian banking principles certification program which is now available at Brainmeasures can offer you a very comprehensive training while instilling in you the highest level of knowledge about the field. You will emerge as an expert in the following topics and areas as soon as you have completed your Canadian banking principles certification course:
- Most essential principles associated to banking
- A more comprehensive background on the history of Canadian banking which is divided in four major periods namely the New France, British Occupancy, Provincial Banking and the National Banking System
- Different kinds of banks and financial institutions including commercial and savings bank and trust and loan companies
- Overview of the Bank Act of 1913
- Components of the monetary system of Canada including paper currency, silver and copper subsidiary coins and gold
- Effective ways to accurately analyze bank statements
- Understanding all the practices used in Canadian Banking
- Understanding all the terms, figures and accounts stated in all head office records
- Opening banking accounts
- Basics of loaning money to the bank
- Different classifications of loans
- Inspecting the internal affairs of banking and financial institutions
- Basics of bank cost accounting
Beneficiaries of the Canadian Banking Principles Certification Program
The Canadian banking principles certification program offered by Brainmeasures can help individuals who want to understand everything about the Canadian banking system for personal reasons or as a means to jump-start their career and get the chance to work with prominent Canadian banking and financial institutions. The Canadian banking principles certification is also ideal for sales professionals, financial advisers, financial planners and life assurance executives who are currently working in banks, financial institutions and life assurance companies.
Job Opportunities after Completing a Canadian Banking Principles Certification Course
If you want to increase your employment prospects, then rest assured that the Canadian banking principles certification course can help you out. Below are just few of the many jobs that can work suitably for your skills and knowledge as a Canadian banking principles certification holder:
- Senior Personal Banking Officer
- Banking Analyst
- Chief Operational Risk Officer
- Internal Banking Auditor
- Internal Fraud and Control Manager
- Financial Adviser
Expected Salary for Holders of Canadian Banking Principles Certification
Being a Canadian banking principles certification holder is also very rewarding since it significantly improves your earning potential. Practicing your skills and expertise in this field will give you the opportunity to earn around $78,000-$145,000 per year. As a Canadian banking principles certification holder, you can also expect to receive bonuses and other monetary benefits from your employer.
We Guarantee Brainmeasures Certifications Are Just Worth
Brainmeasures is an ISO 9001-2008 certified company, Brainmeasures is a leading online skill testing company. Our certifications are acknowledged by employers worldwide. Reason behind this trust is our world class testing standards. Brainmeasures offers skills tests in over 1200 varied fields and over 100 professionally developed courses and certification programs.
- Certification tests are developed by experienced professionals and subject matter experts.
- Each test goes under four rounds of proofreading to make it 100% error free.
- All tests developed are first taken by experts who judge its standards and then give their feedback.
- Tests are developed to check actual understanding of candidate’s knowledge of the subject and not mere on basis on difficulty level.
- While developing each test this fact is considered that what is the motive and purpose of testing.
- Each test developed checks complete knowledge of the test taker on that particular subject.
- Complete testing is so designed that a candidate has to finish the test within given time frame thus ruling out chances of using unfair means.
- Our Certifications determine the performance capability of an individual critical to the job.
- Minimum standard of achievement is set by subject matter experts All certifications are updated regularly to include latest additions to the field.