VBA (Visual Basic for Applications) is a widely used programming language in the banking industry that allows users to automate tasks and processes in Microsoft Excel. VBA is embedded in Excel and can also be used in other Microsoft applications like Access and PowerPoint. It is used across all departments in banks, from front office trading to middle and back office functions, to automate daily tasks that would otherwise be time-consuming if done manually. Having skills in VBA can provide advantages for one's career in the banking industry as it allows candidates to automate processes and demonstrate problem-solving abilities that make them stand out among competitors.

1. Why is Excel
VBA so
Important
For Banks ?
December 12, 2016
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2. “
2
Technology is just a tool. In
terms of getting the kids working
together and motivating them,
the teacher is the most
important.
Bill Gates

3. 3
A Bit of History

4. Before
4

5. At the the early age of contemporary
banking, no technical knowledge was
required. Operations and technical tasks
were down manually.
How It Used to Work

6. Today
6

7. The technological revolution has brought a
new era where the challenge now is to
automate processes as much as possible.
The World Has Changed

8. This revolution brought a lot of talented
people who made the competition very
fierce to those who now aspire to join the
industry.
Intellectual Revolution

9. Today if you want to successfully pass an
interview for a position on the financial
markets, you need to know at least one
programming language.
Status Quo

10. One of the most widely and easiest
language used in banks is VBA.
Watch here
What Language To Learn?

11. VBA (Visual Basic Application) was
developed by Microsoft in 1993 and is
embedded on every computer where Excel
is installed.
You said VBA ?

12. 12
That’s the number of computers with Excel installed !
700,000,000

13. VBA is a tool that people use to develop
automated programs with Excel as the user
interface. The language has interesting
features that are very useful when
analyzing financial data, developing charts
or format and present raw data.
VBA, For what ?

14. Facts : VBA is not the best language for
every finance-related applications.
VBA is widely used by trading team (Front
Office). Banks use it more than others, but
what they all have in common is that VBA is
running to automate daily tasks.
Why VBA for the financial market ?

15. Tasks can range from extracting and
formatting data to creating a pricing tool.
With VBA, an automated process of these
kinds can be implemented in a few hours.
Some other language can be better at the
job, but it will require more resources and
more time.
What Kind of Automation?

16. Facts: No! It is across all banking
departments !
VBA is can be used in most of Microsoft
applications such as Microsoft Access,
Word and Powerpoint. Any computer that
has one of these software can run VBA.
Is VBA only used in Trading ?

17. Therefore it makes the language very
portable and can be used in other
department such as Risk Management,
Middle Office and Back Office units. All
these departments automate tasks using
VBA.
VBA Is Used Across All Banking Departments

18. VBA is always a non-negligible advantage
skill to have.
It can actually make the difference
between you and another candidate who is
competing for a similar position.
Would VBA look good on my resume ?

19. If you manager notice that you are able to
understand and fix some of the tools that
run daily on his perimeter as soon as you
are hired, this is definitely a kick-off on the
job, and most likely on your Career !
Useful For Your Career ?

20. 20
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