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The BMS Financial Services with Chartered Insurance (CII-UK) is designed with the support of industry experts to equip the students with highly practical skills and employability skills that are trending today. The course is ideal for the students interested in choosing a wider choice of potential career paths in the financial services industry.
Financial services refer to economic activities related to finance that financial institutions offer. These services cover a wide range of functions, including financial management and consumer finance.
Financial services include various specialised activities such as banking, investing, and insurance. This sector is responsible for powering a nation's economy by facilitating smooth capital and liquidity flow in the market. Smooth financial services will provide steady economic development and enable effective risk management by firms.
The availability of financial services is crucial for overall economic development because it enables higher production of goods, services, and infrastructure across various industries, which eventually fuels the development of the economy as a whole. By helping people buy consumer goods with financial aid, they raise standards of living.
The different types of Financial Services are banking, insurance, professional advisory, wealth management, mutual funds, treasury/debt instruments, tax consulting, etc.