StudySection gives you an opportunity to achieve the Banking and Insurance Certification through the Free Online Certification Exam (Foundation) and get a hard copy of the certificate. The objective of this online certification exam is to test a candidate's knowledge of the fundamentals of banking and insurance, as well as the risks and financial problems that arise from financial market trends.
Banking and insurance are two industries that are rapidly changing and undergoing transformations. Banks are the backbone of all operations since they are the principal character in every transaction involving money. In today's world, the insurance industry is one of the most well-known financial businesses. Although banks and insurance firms are both financial organizations, their business structures and risks are very different. While both are vulnerable to interest rate risk, banks have a stronger systemic link and are hence more vulnerable to depositor runs. While insurance companies' liabilities are more long-term and they do not usually face a run on their money, they have been taking on more risk in recent years, prompting calls for stronger sector regulation.
The Banking and Insurance Free Online Certification Exam (Foundation) from StudySection is in the format of multiple-choice questions from the basic concepts of this subject. There might be some questions that have more than one right answer, and for your answer to be considered correct, you must select all the correct options. Successfully passing this certification exam from StudySection will make you eligible to get an e-Certificate, and you can also get a certificate in a hard copy format after paying a nominal fee. A certification badge is also provided that you can display on your social media accounts like LinkedIn, Facebook, and others to reflect your expertise. The online Banking and Insurance Certification (Foundation) from StudySection will make your career profile more appealing, hence increasing your chances of landing a good job.