E Learning

E- Learning & E-banking

1. E-learning- Learning with the help of electronic resources like computers, tablets, smart phone, internet etc. is known as E-learning.

E- learning that takes place in an electronically simulated environment.

E-learning, web-based training, internet based training and computer based training are the next generation instruction methods. E-learning can be done anywhere and anytime as long as the user has the proper hardware.

E-learning can be done using an internet connection, a network, an intranet, or a storage disk. It uses a variety of

media like audio, text, virtual environments, video and animation. E-learning, in some ways is even better than classroom learning methods as it is a one-on-one learning method, it is self paced and it has an experiential learning format.

Advantages of e Learning are:

• It is time saving as well as removes the distance

barrier between learner teacher.

• It has quicker delivery cycle times than traditional

classroom-based instruction.

• It is less expensive to set-up an e-learning environment. Different types of e- Learning There are fundamentally two types of e-Learning: Synchronous training Asynchronous training 1. Synchronous, means “at the same time,” involves interaction of participants with an instructor via the Web in real time. For example – VCRs or Virtual class rooms that are nothing else but real classrooms online. Participants interact with each other and instructors through instant messaging, chat, audio and video conferencing etc and what’s more all the sessions can be recorded and played back. Its benefits are: • Ability to log or track learning activities. • Continuous monitoring and correction is possible • Possibilities of global connectivity and collaboration opportunities among learners. • Ability to personalize the training for each learner. 2. Asynchronous, which means “not at the same time,” allows the participants to complete the WBT (Web-based training) at their own pace, without live interaction with the instructor. Basically, it is information that is accessible on a self-help basis, 24/7. The advantage is that this kind of e-Learning offers the learners the information they need whenever they need it. It also has interaction amongst participants through message boards, bulletin boards and discussion forums. These include computer based training,(CBTs) modules on CD-Rom’s, Web based training accessed

through intranet (WBTs) or through well written articles and other write ups. Its advantages are:- • Available ‘just in time’ for instant learning and reference. • Flexibility of access from anywhere at any time. • Ability to simultaneously reach an unlimited number of employees. • Uniformity of content and one time cost of production.

E-Banking- Electronic banking has many names like e banking, virtual banking, online banking, or internet banking. It is simply the use of electronic and telecommunications network for delivering various banking products and services. Through e-banking, a customer can access his account and conduct many transactions using his computer or mobile phone. Types of e banking Banks offer various types of services through electronic banking platforms. These are of three types: Level 1 – This is the basic level of service that banks offer through their websites. Through this service, the bank offers information about its products and services to customers. Further, some banks may receive and reply to queries through e-mail too.

Level 2 – In this level, banks allow their customers to submit instructions or applications for different services check their account balance, etc. However, banks do not permit their customers to do any fund-based transactions on their accounts. Level 3 – In the third level, banks allow their customers to operate their accounts for funds transfer, bill payments, and purchase and redeem securities, etc. Most traditional banks offer e-banking services as an additional method of providing service. Further, many new banks deliver banking services primarily through the internet or other electronic delivery channels. Also, some banks are ‘internet only’ banks without any physical branch anywhere in the country.

Youtube support, Topic- E learning & E-Banking, please visit the link

https://www.youtube.com/watch?v=TznukMsFZbY&feature=youtu.be

https://www.youtube.com/watch?v=IzX9M_EvoVY&feature=youtu.be