Feature
As artificial intelligence (AI) becomes an essential element in all areas of banking, various industry and educational organizations are offering certification programs to educate young and veteran bankers on AI — and how to use the technology to benefit their institutions. Here, we look at some of the top certifications in AI available in the banking industry:
Skills Learned: The program teaches different applications of generative AI models, which cover generative adversarial networks (GANs) and transformers in predicting market trends, automating financial tasks and improving consumer experiences. The ethical considerations and regulatory compliance essential in finance and banking applications will also be covered.
Requirements: Finance-related knowledge recommended
Test: 60-minute test
Cost: $400
2. Certificate in Digital & AI Evolution in Banking
Certifying Organization: Chartered Banker Institute
Skills Learned: Key themes covered in the program include how to appreciate the digital evolution that’s taking place in banking to recognize the regulatory, social and commercial responsibilities that impact this area of activity and to understand the risks and benefits inherent in a reliance on technology.
Requirements: Must join Chartered Banker Institute. The institute’s annual subscription fee is 33 pounds.
Test: 60-minute test
Cost: 625 pounds
3. Machine Learning for Investment Professionals
Certifying Organization: CFA Institute
Skills Learned: Students will gain an understanding of machine learning (ML) and both the technical and soft skills to use the technology in investments. They’ll get experience through code labs with real-world scenarios. The program covers fintech and quantitative methods through several modules: machine learning; supervised learning; unsupervised learning; deep learning; and the translator.
Duration: 12-15 hours
Cost: $339
4. ChatGPT for Banking Training Course
Certifying Organization: NobleProg
Skills Learned: The program offers an overview of ChatGPT and its capabilities in the banking industry and the tool's potential for customer engagement and automation. Students will learn how to use ChatGPT for personalized customer support and guidance, implement ChatGPT in chatbot applications for banking and automate routine tasks using ChatGPT. The program will also cover using ChatGPT for compliance monitoring and reporting, to identify and mitigate financial risks and for financial insights and analysis.
Requirements: Familiarity with banking terminology and concepts
Duration: 14 hours
5. Oxford Fintech Programme
Certifying Organization: University of Oxford, Said School of Business
Skills Learned: The program covers the digitization of money, digital platforms and mobile financial services, AI and algorithmic technologies in financial services, central bank digital currencies (CBDCs), blockchain and cryptocurrencies and open banking and data networks. Students will gain knowledge of changes in multiple domains within financial services and real-world applications to help build a strategy for a new fintech venture.
Duration: Seven weeks
Cost: 2,200 pounds
Skills Learned: The program covers several topics: artificial intelligence basics; data analytics and visualization; unsupervised and supervised learning; natural language processing (NLP); and building a chatbot.
Duration: Five days
Cost: $3,950
7. Certified Fintech Practitioner
Certifying Organization: The London Institute of Banking & Finance
Skills Learned: Multiple topics are covered in the program; how fintech is impacting business models across banking and finance; the benefits and applications of key technologies and how they influence financial product and service design and distribution; how risk and regulation are affecting fintech development; strategies for growth; and funding and valuation.
Duration: 30 hours
Cost: 895 pounds
8. Natural Language Processing for Investment Professionals
Certifying Organization: CFA Institute
Skills Learned: The program covers several areas: cleaning and wrangling text data; exploratory data analysis; feature selection and feature engineering with text data; selecting, training, evaluating and tuning a natural language processing (NLP) model; developing an NLP model for predicting sentiment of financial text; and applications of NLP in investments.
Duration: 12-15 hours
Cost: $339
9. Introduction to AI in Banking
Certifying Organization: Global AI Hub
Skills Learned: The course covers various topics: the digitalization challenge in the banking industry; new AI opportunities for banks; basic AI, robotics and data definitions and the most relevant technologies.
Duration: Three to four hours
Test: Assessment
10. Innovations of Digital Banking: A global view
Certifying Organization: Udemy
Skills Learned: The program covers AI, blockchain, cloud, false positives, technology vendors, global tech companies in banking and basic concepts of global digital banking. The course will include 50 case studies presented over multiple banking functions. The case studies will include examples from 25 countries.
Duration: Three hours
Cost: $64.99
1. Generative AI In Finance and Banking Certification
Certifying Organization: General Skills Development CouncilSkills Learned: The program teaches different applications of generative AI models, which cover generative adversarial networks (GANs) and transformers in predicting market trends, automating financial tasks and improving consumer experiences. The ethical considerations and regulatory compliance essential in finance and banking applications will also be covered.
Requirements: Finance-related knowledge recommended
Test: 60-minute test
Cost: $400
2. Certificate in Digital & AI Evolution in Banking
Certifying Organization: Chartered Banker InstituteSkills Learned: Key themes covered in the program include how to appreciate the digital evolution that’s taking place in banking to recognize the regulatory, social and commercial responsibilities that impact this area of activity and to understand the risks and benefits inherent in a reliance on technology.
Requirements: Must join Chartered Banker Institute. The institute’s annual subscription fee is 33 pounds.
Test: 60-minute test
Cost: 625 pounds
3. Machine Learning for Investment Professionals
Certifying Organization: CFA InstituteSkills Learned: Students will gain an understanding of machine learning (ML) and both the technical and soft skills to use the technology in investments. They’ll get experience through code labs with real-world scenarios. The program covers fintech and quantitative methods through several modules: machine learning; supervised learning; unsupervised learning; deep learning; and the translator.
Duration: 12-15 hours
Cost: $339
4. ChatGPT for Banking Training Course
Certifying Organization: NobleProgSkills Learned: The program offers an overview of ChatGPT and its capabilities in the banking industry and the tool's potential for customer engagement and automation. Students will learn how to use ChatGPT for personalized customer support and guidance, implement ChatGPT in chatbot applications for banking and automate routine tasks using ChatGPT. The program will also cover using ChatGPT for compliance monitoring and reporting, to identify and mitigate financial risks and for financial insights and analysis.
Requirements: Familiarity with banking terminology and concepts
Duration: 14 hours
5. Oxford Fintech Programme
Certifying Organization: University of Oxford, Said School of BusinessSkills Learned: The program covers the digitization of money, digital platforms and mobile financial services, AI and algorithmic technologies in financial services, central bank digital currencies (CBDCs), blockchain and cryptocurrencies and open banking and data networks. Students will gain knowledge of changes in multiple domains within financial services and real-world applications to help build a strategy for a new fintech venture.
Duration: Seven weeks
Cost: 2,200 pounds
6. Artificial Intelligence in Banking
Certifying Organization: Oxford Management CentreSkills Learned: The program covers several topics: artificial intelligence basics; data analytics and visualization; unsupervised and supervised learning; natural language processing (NLP); and building a chatbot.
Duration: Five days
Cost: $3,950
7. Certified Fintech Practitioner
Certifying Organization: The London Institute of Banking & FinanceSkills Learned: Multiple topics are covered in the program; how fintech is impacting business models across banking and finance; the benefits and applications of key technologies and how they influence financial product and service design and distribution; how risk and regulation are affecting fintech development; strategies for growth; and funding and valuation.
Duration: 30 hours
Cost: 895 pounds
8. Natural Language Processing for Investment Professionals
Certifying Organization: CFA InstituteSkills Learned: The program covers several areas: cleaning and wrangling text data; exploratory data analysis; feature selection and feature engineering with text data; selecting, training, evaluating and tuning a natural language processing (NLP) model; developing an NLP model for predicting sentiment of financial text; and applications of NLP in investments.
Duration: 12-15 hours
Cost: $339
9. Introduction to AI in Banking
Certifying Organization: Global AI HubSkills Learned: The course covers various topics: the digitalization challenge in the banking industry; new AI opportunities for banks; basic AI, robotics and data definitions and the most relevant technologies.
Duration: Three to four hours
Test: Assessment
10. Innovations of Digital Banking: A global view
Certifying Organization: UdemySkills Learned: The program covers AI, blockchain, cloud, false positives, technology vendors, global tech companies in banking and basic concepts of global digital banking. The course will include 50 case studies presented over multiple banking functions. The case studies will include examples from 25 countries.
Duration: Three hours
Cost: $64.99
