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Day: June 21, 2019

How Do I Become Credit Risk Analyst

Posted on by Imarticus Learning

A CR analyst finds job roles in the credit, lending and risk management divisions of commercial banks, companies offering credit cards, and NBFA or other financial institutions. Their main role is to assess and manage credit risks on an ongoing basis while evaluating applications for credit and loans in terms of compliance, credit-worthiness and regulatory norms. As a CR analyst, you may be client-facing or may need to educate other banking staff members who are client-facing with the credit-reports, insights and data to enable decision making on the offering of loans or credit lines.
The practice of credit risk management and its regulation was in the limelight recently when the global financial crisis caused a major credit crunch. The regulators felt transparency was lacking in the norms followed by banking credit risk analyst and risk evaluators and sought to ascertain that the associated risk of lending to customers would need thorough customer knowledge and credit risk evaluation. Changes and introduction of new Basel-III regulations would be burdensome felt the banks.
Though many banks have complied in meeting the stringent mandated regulatory requirements by overhauling their credit risk approach, training staff through credit risk analyst course and absorbing the higher costs incurred in terms of capital costs incurred treating credit risk as a mere compliance measure is being blinded. Better risk management does provide banks with the chance to get competitive and improve their performance indices.
The CR analyst uses data like payment history, credit reports, financial analysis of statements and job or work history while evaluating and making presentations on credit applications. Most times the bank always incorporates the CR analyst reports as a mandatory document for judging and deciding on credit-worthiness. Ongoing monitoring of customers and ensuring compliance to regulatory norms are also a part of the duties-list.

Become Credit Risk Analyst –  Career progression

Most analysts begin as interns and at the junior levels immediately after gaining a graduation degree. Banks are open to a variety of subject majors in graduation. However, there need to be specific finance, banking practice, business administration and such modules in their academics to rise to the next level as an Associate.
Such positions as CR Analyst demand exhaustive and comprehensive knowledge and techniques of credit risk and management evaluation that is normally learnt on-the-job. However, doing a credit risk analyst course at Imarticus Learning will provide you with the opportunity to get certified and use the practical experience gained during the course. Many Imarticus Learning CR analyst aspirants are directly offered the Associate position at the start of their careers
It will require several years of performing well and to become a senior credit risk analyst and head of the team. From there on you could progress to the VP level, the Director level and even the CFO or MD levels depending on your performance and achievements.

Required Qualifications:
As per the 2015 BLS reports in USA 27% of the CR Analysts had a degree and employers preferred majors in economics, finance, business administration and accounting for the CR Analyst posts.

Other skills and qualifications:
CR analysts do not require professional licenses to practice. However professional certification like CRC-credit risk management certification from the Risk Management Association is not only a feather in your cap but places you at an advantage for better salaries and career progression. The certifying exam covers the seven core areas of credit risk management and the practical objective application of the knowledge to your working scenarios.

Job Scope and payouts:
The BLS report of 2015 in the USA claims CR analyst’s jobs will see a rise of 8 per cent in the decade starting 2016. The average salaries were in the range of 69,930 $ in the year 2016. In India, banking jobs are very prestigious and sought after as a CR Analyst job is secure, well-paid and comes with fixed hours of work.

Conclusion:
The credit risk analyst role is both financially and career-wise a rewarding prospect. Essential to the whole equation is knowledge and training at the interview, placement and on-the-job stages. Do your course at the reputed Imarticus Learning to take advantage of certification, assured placements and gain a firm footing in the credit risk field and banking industry. Hurry and enrol!

Also Read: Career Path & Qualification of Credit Risk Analyst

What Is Credit Risk Management

Posted on by Imarticus Learning

When credit risks are effectively managed you meet the mandatory regulatory credit risk requirements and also go beyond the mandate and create better risk models for improvements in your business. The term credit risk evaluates the probability of the borrower not repaying the debt and thus causing loss.

This practice is widely used by banks to estimate the reserves for loan loss and the capital position at any given point of time. Mitigating losses and improving credit risk practice is a major challenge in banks and other financial institutions.

The practice of credit risk management and its regulation was in the limelight recently when the global financial crisis caused a major credit crunch. The regulators felt transparency was lacking in the norms followed by banking credit risk evaluators and sought to ascertain that the associated risk of lending to customers would need thorough customer knowledge and credit risk evaluation. Changes and introduction of new Basel-III regulations would be burdensome felt the banks.

Though many banks have complied in meeting the stringent mandated regulatory requirements by overhauling their credit risk approach, training staff through credit risk management courses and absorbing the higher costs incurred in terms of capital costs incurred treating credit risk as a mere compliance measure is being blinded. Better risk management does provide banks with the chance to get competitive and improve their performance indices.

Challenges faced:
Credit and risk management challenges are many and due to:

• Poor management of customer data and the inability to get the right data when it is most needed causing unnecessary delays.

• Lack of a modelling framework for group-wise credit risk implies that meaningful risk measures cannot and the banks are unable to generate the complex models that would provide a clear picture of the group-wide credit risk.

• Reworking model parameters are the Analysts task and are currently not amenable to change. Doing so actually affects the efficiency ratio of the bank and duplicates work.

• Risk tools are not comprehensive and without such a solution changes to identifying and re-grading portfolio concentrations affects the risk-solution itself and proves ineffective in credit risk management.

• Reporting tasks are cumbersome and the manual reporting methods using spreadsheets and other reporting processes cause an overburdening of IT staff and analysts.

Credit Risk Management Best Practices:

Risk evaluation:
Evaluate the credit risk at multi-levels starting from the individual portfolio, client portfolio and then banking portfolio levels. This will provide a better and more complete understanding of the risks involved and lead to better overall risk management.

Data norms:
Banks data and risk profiles lie in SBUs and branches. Without integrating such data a thorough risk assessment or an integrated knowledge of risk-profiles makes assessing the risk of capital-reserve sufficiency, loan-loss reserves, and short-term loan losses difficult to assess or manage.

That’s why both investors and regulators look closely at the credit-risk management practices used. Vulnerability to such non-transparently evaluated risks can lead to crippling losses.

The Effective Solution:
The only way out of this situation is to have robust solutions that reflect the exact relationship of credit risk profiles and the offsets for capital reserves and loan-losses. A quantitative well-integrated credit risk solution includes:

• Model management that covers the entire credit risk lifecycle.

• Monitoring effectively and in real-time the credit limits and scores.

• Capacity for stress-testing of credit risk management.

• Capacity for data visualization and tools for BI to help place data at the right time in the right hands for enabled decision making.

Such a solution with simple portfolio curbs and measures should help banks ramp up to sophisticated and more transparent credit risk management practices and measures allowing for the need to grow and evolve with use and practice.

In modern day banking and new-age banking, a lot of technology has improved and continues to evolve banking practice especially risk management and compliance through better data analytics and predictive insights. Learn how such measures taught I credit risk management courses can help you specialize in banking.

At Imarticus, credit risk management course is a part of our banking courses and goes a step forward by teaching you the analytical best practices to effectively handle credit-risk, compliance and regulatory measures.

Always learn with the best! The banking and financial courses are par excellence with outstanding curriculum coverage, assured placement, soft-skill development and such modules that help you make a quick break into banking as a career.

How Good Is Investment Banking As A Career

Posted on by Imarticus Learning

Have you chosen an IB career? Read on, to see if you are a good fit here. Investment banking has very good scope for MBAs, undergraduates, Masters in Economics, Statistics etc, data analysts and young interns who can learn-on-the-job. If you are motivated, can take long hours in your stride, have a head for math and economics then this is an ideal choice for you with the highest payouts and great scope.
As an investment banker or financial/data analyst, your investment banking career task-list includes
• Executing issuances and client debt-portfolios.
• Advising and pitching these instruments to clients replete with credible answers.
• Creating data and market reports.
• Reporting the trends, foresight, case studies in the form of client presentations.\

What is in store:
Do you realize that the high pay and pressure job sees at least 44per cent quit in the first 3 years according to the news at efinancial careers. If you value your social life the IB career will put the finished tag there as the best bonuses, high payouts and quick progress come at the cost of excellent training, continuous hard work, pressing job demands and lots of coffee or alternatives to just withstand the heat.

The Skills Required:
To ensure you do fine in IB check out the following crucial attributes.
• A minimum of graduation in finance, law, economics etc.
• Proficiency in PowerPoint presentations, Excel techniques, Office and Word suites.
• 80 plus long hours every week.
• Being an effective learner and team player.
• Effective organizer with an eye for details.
• A quick learner who takes instructions well.
• Excellent conceptual knowledge of finance and accounting tasks.
• A practical investment banking course.
• Certification of your practical skills.
• Great skills in financial modeling.

The Ladder to Climb:
Here is the figurative Investment Banking Ladder of Career Progression.
• 2 to 3 years as a Financial Analyst.
• IB Associate.
• VP- Investment Banking.
• IB Director.
• MD, CFO etc.
Internship for undergraduates lasts for 2 to 3-years, on the job in an Analyst position, after which you have to compete to become an IB-Associate. Many of those who do the course at Imarticus Learning have benefitted from their soft-skills training by being placed as Associates directly under their assured placement programs and a basic MBA qualification. The higher you go certifications and continued learning become crucial for better progression and higher bonuses and payouts.

Investment Banking Career-Scope and Payouts:

Now have a look at this table, where Payscale reports an average salary of 508, 855 Rs for a fresh starter. Salary components can vary between 177,560 to 1,545, 630 Rs and have added bonuses from 2,517 to 524, 023Rs depending on your skills and performance. Thus the total pay can be much higher and very lucrative in comparison to other jobs. However, doing a course is essential and the Investment banking certification provides the measure of your skill and knowledge and has come to also be a prerequisite for interviewers.

How to Crack The Investment Banking Interviews

Just remember at interviews to dress neat and professional, prepare well and reinforce your learning till perfect. Some questions that you will be asked are
General type:
• What does IB mean to you?
• Talk me through your CV.
• What does the IB role/ present market condition mean to you?
• What do you think this company can achieve?
• Why do you want to become an IB?
• What are your achievements/ weaknesses/ strengths?
• How do you handle leadership/stress/ failure/ accomplishments?
• Why should you be hired?
Technical type:
• Explain what this means to you. Financial models/ valuation methods like DCF/ Weighted capital costs/ deferred tax assets and such topics
• How can you play the field using earnings?
Wrap up:
With data analytics and a highly dynamic and evolving technological scenario present in India and globally, European companies like Lehman Brothers, Merrill Lynch, Credit Suisse and very many large financial banks, groups and even NBFCs operate in India. This ensures the aspirants find lucrative jobs and make their careers in IB.
If you feel you are a good fit, you’re next step should be to do the investment banking course at Imarticus Learning a reputed institute where you can get proficient at learning the IB job role well, hone your personality and soft-skills for the job and be better prepared to crack the interview and set off on the IB career path. Best of luck!

We offer Investment Banking Courses at our centers in Mumbai, Thane, Pune, Jaipur, Delhi, Gurgaon, Bangalore, Chennai, Hyderabad, Coimbatore.

Tips For A Student For Career In Investment Banking

Posted on by Imarticus Learning

Want to pursue a career as an investment banker? Are you a graduate in Commerce, Business Administration, Finance, Economics etc? If you have answered with a yes, then you can pursue a career in investment banking. While most companies prefer graduates there is no need to worry even if your answer is no. Undergraduates can also undergo training and join as Analysts in IB and move up the career ladder.
The normal investment banking career ladder begins after you do your course and get a fair idea of what the IB field is about. Many of the finance graduates who do the course at Imarticus Learning have benefitted from their soft-skills training by being placed as Associates directly under their assured placement programs. The higher you go certifications and continued learning become crucial for better progression and higher bonuses and payouts. Normally it takes 2-3 years for undergraduates in an Analyst position to gain sufficient experience for the Associate’s role. Beyond this level it is all about performance, certifications, excellence in work-experiences and being an absolute people-person for the next 2-3 years, that can propel you to the higher rungs of the IB hierarchy.

Tips to Help With Your Investment Banking Career.

1. Research your IB career path:
Experience counts in this field and if you can do an internship while finishing your graduation it is a very good way to get a feel of the career. Small and large banks do offer internships and based on your performance could make a job offer.
Doing an investment banking course in the classroom mode offers you a chance to get certification and the requisite experience criteria fulfillment to try for an Associate’s post directly.
Keep a close track of recruitment offers and the hiring timeframes in the banking industry. This typically can take anywhere between 2-6 weeks and many rounds of interviews.
2. Research and learn all about the concepts and skills required:
Reading books like MarketWatch and DealBook help you keep track of the latest trends in IB. Prepare your resume and keep handy some interesting examples and trends that you can link into your answers to impress the interviewer. Develop your personality traits and soft skills like communication skills, objective quantitative tests etc to help with the interview rounds.
3. Do a relevant course:
Doing the financial and investment banking course at the reputed Imarticus Learning helps greatly. Besides your academic qualification, major subjects adding on these courses goes a long way to help you specialize in IB.
Many of the finance graduates who do the course at Imarticus Learning have benefitted from their soft-skills training by being placed as Associates directly under their assured placement programs. The higher you go certifications and continued learning become crucial for better progression and higher bonuses and payouts. Normally it takes 2-3 years for undergraduates in an Analyst position to gain sufficient experience for the Associate’s role. Beyond this level, it is all about performance, certifications, excellence in work-experiences and being an absolute people-person that can propel you to the higher rungs of the IB hierarchy.
4. Judge what the recruiter is looking for:
No one has all the right answers. Remember to pay attention to what the recruiter wants from you and answer honestly projecting a well-rounded persona with consistent planning to achieve your career goal. Showcase your internships, certifications and relevant experience to improve your chances. Focus on what the jobs taught you, what you liked and did not in them. Build up skills that you may be lacking like your language and communication skills.
5. Network:
IB is about who you know and how well you can maintain relationships. LinkedIn, Facebook, alumni networks and professional finance forums are good to advertise your efforts in.
The healthy IB payouts:
Payscale reports the investment banker salary is an average salary of 508, 855 Rs for a fresher. The salary components can vary between 177,560 to 1,545, 630 Rs while the bonuses can vary with contract negotiation from 2,517 to 524, 023 Rs depending on your skills and performance. In the US this is between 75-90k pa and an average total of 140k pa for a fresher.
Concluding notes:
The total payouts for an IB depend on performance and bonuses and are extremely well-paying. Doing the IB course helps you earn a global measurable certification which validates your skills and knowledge and is acceptable as real-life experience of the financial and investment banking experience requirements preferred by most employees.
In parting, if you wish to learn all about the investment banking career, do your course with the reputed Imarticus Learning to emerge right atop of the rushing crowds of IB career aspirants. Hurry. Admissions are limited in every batch.

Interesting Things About Investment Banking In India

Posted on by Imarticus Learning

Among the well-known banks currently operating in India are HSBC, ABN-AMRO, BNP Paribas, Deutsche Bank, Nomura, Citi Bank, and the Mellon Bank of New York. Large financers like Goldman Sachs, JPMorgan Chase Bank, Morgan Stanley, and Barclays also operate from here. Among our very own Indian investment banking well-knowns are ICICI IB and Securities, HDFC, Avendus, Kotak Capital, Bajaj Capital, SBI IB division and Yes Bank.
Services offered:
Investment banking plays the intermediary role in assisting HNIs, Corporations and even small companies raise and manage their financial investments. They provide assistance in selling equity and debt securities like shares, stocks, debts, bonds and more. Investment banking certification covers and teaches you all about the services of an investment banking career. Namely,
• Acquisition advisory
• M and A mergers
• Security trading
• AMC
• Custodial services
• Corporate finance
• Debt restructuring
• Other services.
Why Foreign Banks Love India:
Do you know why most foreign banks operate from India? This is so, due to the availability of talent, such employees being largely English spoken, and lowers operating costs when compared to the other English speaking nations like UK, USA, Australia and such. Back-offices are also readily available in terms of LPO, KPO, transcription, and such services being readily offered by Wipro, TCS, Infosys, Syntel etc among many others.
IB markets:
Investment Banking focuses on exploring the bank’s services in the markets. Here is a brief explanation of the markets involved in an investment banking career.
Equity Markets:
The Equity Market has three categories:
Equity Fund services: Here raising capital, IPOs, financing deals are the mainstays.
Convertible Bonds: Debts that convert into a share in equity help raise company capital through the issuance of such convertible bonds.
Syndicated: This interbank transaction involves multiple-bank equity deals.
Debt Markets:
Debt investment banking markets where sales, funding and trading are involved based on the asset class, the objective of the investment and structure. The noteworthy segments are
The mutual funds: The money collected from investors is invested to make sizeable profit/loss as a partnership effort.
Equity Funds: Funds invested in company shares, equities and stocks carry a high degree of risk and provide higher returns when traded in or sold.
Debt Funds: These government bonds, company debentures, and other fixed assets are considered low risk as they provide a fixed percentage of income on maturity and when traded in.

Investment Banking Career Scope and Payouts

With data analytics and a highly dynamic and evolving technological scenario present in India and globally, European companies like Lehman Brothers, Merrill Lynch, Credit Suisse and very many large financial banks, groups and even NBFCs operate in India. This ensures the local talents find lucrative jobs and make their careers in investment banking. There is hence great demand for talented youngsters, training and investment banking courses that actually make you job-prepared. Good institutes like Imarticus Learning have mushroomed over the last decade with a global footprint. Hence the scope for job-roles in investment banking has steadily grown and is today the most popular choice of career aspirants.
Now have a look at this table, where Payscale reports an average salary of 508, 855 Rs for a fresh starter. Salary components can vary between 177,560 to 1,545, 630 Rs and have added bonuses from 2,517 to 524, 023Rs depending on your skills and performance. Thus the total pay can be much higher and very lucrative in comparison to other jobs. However, doing a course is essential and the Investment banking certification provides the measure of your skill and knowledge and has come to also be a prerequisite for interviewers.
Just remember at interviews to
• Dress neat and professional.
• Prepare for the interview and research your subjects, the company applied to, job-profile etc well.
• Practice and reinforce your learning until perfect.
Requisite investment banking skills:
To become a successful investment banker you will need to be one who has
• Good academic record and at least a graduate.
• Fluency in English communication.
• Analytical-thinking ability.
• Excellent forecasting, predictive and analytical skills.
• Problem-solving capacity.
• Subject expertise is very desirable.
• Strong skills in Excel, other financial software.
Wrap up notes:
The IB role is both financially and career-wise a rewarding prospect. Essential to the whole equation is knowledge and training at the interview, placement and on-the-job stages. Do your at Imarticus Learning to take advantage of certification, assured placements and a firm footing in the industry. Hurry and enroll.

What Does Full Stack Developer Mean

Posted on by Imarticus Learning

What Does Full Stack Developer Mean

Quick adaptations to the ever-evolving technologies and the ecosystem of organisational requirements in an organisation need a full-stack developer with multi-tasking capabilities, domain knowledge, and practical skills to suggest and implement practical solutions in software application development.

The three layers in development that a Full-stack developer addresses are:

  • Front end Presentation layer, which faces the end-user and needs specific technologies and language skills.
  • Backend Logic layer, which has the logical data applications and no production of user interfaces.
  • Sub-layer of data where data is assimilated, cleaned, read, deleted, created or updated through programming languages.

Who is a Full-Stack Developer?

An engineer is a full-stack developer when he multi-tasks and copes with solutions for databases, systems engineering, and servers and is also client-facing. Depending on project and client requirements, the stack depends on the application and could hence be categorised as a native, mobile, or web stack.

The technologies required are different for the various ends, layers, servers, etc. and a collection of such technological modules is called a stack. Thus full-stack technologies combine sets and subsets of technologies that work together and are in sync to produce the desired outcomes.

The full-stack developer’s essential skills are flexibility and adeptness at and between all layers. The Full stack developer course skills include:

  • Profile yourself on GitHub or SourceTree, which is essential for community learning.
  • Coding skills for logical quantification and interpretations use CSS3, JavaScipt, and HTML5.
  • The web architecture concepts of centralised and distributed networks, cryptographic hash functions, consensus, MVC, distributed ledgers convention theory, MVVM, document-view, G, bus and communication architecture are essentials.
  • Frameworks and Platforms like Hyper Ledger, HashGraph, EOS, Ethereum, etc.
  • Front-end languages, database relational procedural languages like C, OOPs, Python, JavaScript, C, R etc.
  • Data Structures like Stack, Patricia and Merkle trees, Queues, advanced cryptography, Hedera HashMaps, LinkedList etc. Add in database knowledge and manipulation techniques.
  • Backend languages like Nodejs, frameworks like Django, Flask, etc.
  • Protocols like REST, HTTP and such.
  • Enablers of Smart Contract like the Truffle suite installation and working on Windows and Ubuntu. Mac and such.
  • Techniques in data storage like cloud storage.
  • Methods in Cryptography like (KECCAK256, SHA256, etc.) hash functions, asynchronous digital-signature generating cryptography and more.
  • Both ends and centralised web development, handling APIs, Dapps-based interactive GU interfaces, requests, and such.
  • Smart Contracts Development network languages like Ethereum’s Solidity, Viper, Chaincode, etc.

What career options are available for full-stack developers?

Full-stack web developers are able to use a range of technologies. They can therefore handle more facets of a project than the average developer because of this. They are therefore in great demand. Both client and server software can be developed by a full-stack Web developer.

Job Scope and Payouts:

Glassdoor claims the fresher salary range in India is 19 to 21K Rs, and annual salaries for the experienced job aspirants are 288 to 313K Rs depending on their experience levels. The average payouts in the USA, according to Upwork, are 85,534$ pa and 98,460 $ pa for software engineers.

The 2016 Stack Overflow developer study shows that full-stack developers enjoy great demand and excellent payouts. The advancements and pace of technological and skill changes required of full-stack developers offer organisations a jack-of-all-trades one-stop solution in hiring, which is effective and cost-efficient.

Parting Notes:

With software rapidly evolving, terms like full-stack programmers, DevOps, frontend, backend, and such have become accepted in computer parlance. You will need to efficiently use tools, techniques and best practices in database management, design, coding, prototyping, modelling, testing, deployment, and data storage to create an application for the web, mobile or desktop.

And in this process, are you aware that you switch from rear-end platforms to frontend applications, server needs and a complete technological stack of technologies to not only use these backends, frontend and mean applications but also to switch between them.

Thus when a full-stack developer brings in productivity, ultra-efficiency, flexibility and domain expertise, his payouts become large when you consider that they handle the jobs of all ends seamlessly and replace unnecessary developers at each end of the infrastructure.

Especially in cross-functional Agile team scenarios used in large industries today, the full-stack developer is a crucial organisational asset.

The Full stack developer training factor is important and can be availed through a reputed institute like Imarticus Learning. Get in touch with us today!

How do Full Stack Developers Keep Up With Their Technology Stack

Posted on by Imarticus Learning

How do Full Stack Developers Keep Up With Their Technology Stack

Full-stack developer jobs have immense potential, job satisfaction and handsome payouts. Changes in technology and the thrust for new-age industries has seen the mushrooming of full-stack technology domain experts, a startup boom, and classroom-based training institutes for applications that may be mobile, web or desktop based. Some of these training academies like the reputed Imarticus Learning also offer personality development, an industry-relevant measurable and well-accepted global certification, and assured placement service for coders who develop their full-stack capabilities with them.

Who Is a Full Stack Developer?

A developer skilled in full-stack coding handles front, back, server and data management storage tasks using a technology stack that comprises of specific tasks and technological programs for each task. A Full stack developer is adept at interconnecting and adeptly moving between the components to provide a holistic and complete coding solution for a particular application.
We can thus have different developers like the
• The frontend developer.
• The MEAN stack developer.
• The backend developer.
• The full-stack developer.
This programmer also has to code the various layers with the stack components and includes:
• Logical layer of processes
• Storage and database layer of processes.
• User authentication and validation.
• Configuration of servers.

How to keep up with the technology stack:

A full-stack developer’s knowledge needs to be up to date and practically oriented.
Step 1: Do a Full stack developer course to learn the stack languages.
Here is a comprehensive list of skills that may be required of a developer with a full-stack.
• Profile yourself on GitHub or SourceTree which is essential for community learning.
• Coding skills for logical quantification and interpretations use CSS3,JavaScipt, and HTML5.
• The web architecture concepts of centralized and distributed networks, cryptographic hash functions, consensus, MVC, distributed ledgers convention theory, MVVM, document-view, G, bus and communication architecture are essentials.
• Frameworks and Platforms like Hyper Ledger, HashGraph, EOS, Ethereum, etc.
• Front-end languages, database relational procedural languages like C, OOPs, Python, JavaScript, C, R etc.
• Data Structures like Stack, Petrecia and Merkle trees, Queues, advanced cryptography, Hedera HashMaps, LinkedList etc. Add in database knowledge and manipulation techniques.
• Backend languages like Nodejs, PHP, Python, SQL, Java, and frameworks like Django, Flask etc.
• Protocols like REST, HTTP and such.
• Enablers of Smart Contract like theTruffle suite installation and working on Windows, Ubuntu. Mac and such.
• Techniques in data storage like cloud storage.
• Both ends and centralized web-development, handling APIs, Dapps based interactive GU interfaces, requests, and such.
Step 2: Continued learning and refining knowledge.
To gain an understanding of complex concepts applicability and interconnections you will need to
• Create test web pages to test your knowledge application.
• Become proficient in Javascript which currently runs 99% of the web applications.
• Refresh the application for factors like
• Improve coding skills and conceptual knowledge.
Step 3: Excel in multi-tasking.
You should choose wisely the one top language to master like Javascript or Python and learn to multitask in its suite of programs. It is hard enough to gain mastery in just one full-stack where your knowledge is an ace in one and comprehensive but inter-connective with the rest. Refurbish your knowledge at regular intervals with nextgen technologies so you have the adaptability factor even if you wish to make career changes.
Step 4: Do the Imarticus course.
Learning online is tedious and not recommended except for further learning. Classroom learning from a reputed institute like Imarticus is highly recommended for the many learning advantages discussed in the beginning.
Ensure that the course also has sufficient time factored in and treat the fees as an investment in your career. Mentorship, community learning, hands-on practice, vertical relevant project work, certifications and portfolio preparation will help you land those high-paying jobs with ample growth scope.
Step 5: Practice until perfect.
After learning the languages the most important task is to PRACTICE unceasingly the interconnectivity and applications of the stack. Place emphasis on
• The right coding and data structures.
• File separation and management.
• Ecosystems for media file hosting
• Ensuring task locations are either client/server-side.
• Using online and community resources.
Step 6: Work on assignments and internships.
Go beyond your job and look for extra assignments or internships that help you add value and upskill. Be courteous and learn from others to be a team player adding value to the organization’s initiatives for employee skill development.
In parting, we wish you luck in your endeavours. Imarticus Learning’s Full stack developer course can help you make the Full stack developer job role a career reality. Hurry and enrol!

The Future of Jet Airways

Posted on by Imarticus Learning

 

What does the future hold for Jet Airways, the once-blue-eyed boy of the aviation industry? In April 2019 the airline temporarily closed operations for want of funds to keep flying.

Currently,

  • The sale of stakes is being considered crucial to the future of Jet Airways by its lenders.
  • The Union government is playing the revival plan of Jet Airways close to its heart while the banks have shown no interest in infusing funds or revival of the flailing Jet Airways.
  • The future of over 15000 employees is uncertain and their employee’s union threatens to approach the Labour Commissioner.

While the government, lending banks and the regulators of civil aviation struggle to discover solutions for the revival of Jet Airways and a quick resolution to the uncertainty of the fate of its large number of employees, India’s 3rd largest civil aviation market shareholder and domestic airline Jet Airways seems to be quietly sinking into a situation of no return.

Who is impacted?

According to Martin Consulting’s Mark Martin, once an airline stops operations, it is assumed it will not restart, as in the case of Kingfisher Airlines who closed down on October 20th, 2012. Very sad indeed! Jet Airways is known for breaking the state’s monopoly in the aviation industry to emerge as the airlines of everyone’s choice including the PM Narendra Modi.

The President, Jet-Airways All-India Staff, and Officers Association, the pilots’ union of Jet Airways and the National Aviator’s Guild (NAG) approached the police over dues in employees salaries and criticized the banks for the lack of infusing 1,500 CR Rs after agreeing to do so. The banks, however, refuted the allegations and stated they never had agreed to it.

The second week of April saw an employee protest in the form of a human chain outside the Jet Airways HQ and Jantar Mantar(New Delhi) to draw the government’s attention to their plight. Many had not received their salaries since January they stated. Unfortunately, the move came at a time when the BJP government was seeking a second term in office and the focus of voters was high on the government’s promises for economic growth and creation of jobs. However, the Narendra Modi led government did come to power and any action by it was just too late!

The AS2 3502 was the last Jet Airways flight on the Amritsar-Mumbai sector before running out of cash to meet even its daily operational expenses. Banks had refused its emergency funds plea of 400 Cr Rs fearing the money could not be recovered later. From 119 flights on its rolls, the giant had lenders, lessors of aircraft, and banks refusing to step in. The SBI led bank-consortium to preferred the bids from investors for a take-over instead.

The bidders:

The operational suspension does not augur well and the major bidders of NIIF, Etihad Airways, PJSC, Indigo Partners and TPG Capital were tight-lipped regarding the huge costs in dues accumulated. Every day counts and when it is a too-little-and-too-late variety of funding, Jet Airways may never recover. The only achievement of the bid process was to determine the Jet Airway’s fair-market-value!

The Regulators stance:

The DGCA, MoCA and such regulators are involved in ensuring the customers do not suffer and all rules on cancellations, refunds, and alternative flight bookings are strictly implemented. Pradeep Singh Kharola- Secretary, Civil Aviation claimed India was deficient by 17 planes and that 30 planes were to be inducted shortly. He stated that Air India was being ramped up and that the carriers had assured the government that the fares would be reasonably maintained. The issue needed to be resolved by the lenders and Jet Airways he felt.

Conclusion:

With Kharola allotting the Jet Airways parking slots to other carriers and lending agencies of aircraft appropriating their planes the curtains are down for Jet Airways. The bidding process has failed and the banks are trying to recover their dues. No one is really trying to revive Jet Airways and in all probability, it may never return to its days of glory.

Studying about debt restructuring, M and As and banking deals is interesting and part of the banking courses at the reputed Imarticus Learning Academy. Their excellent placement track record puts them in the elite league. Check them out today.

How Can You Prepare For a New Age Banking Interview?

Posted on by Imarticus Learning

How can you prepare for a new age banking interview?
Personalization and digitization have transformed all banking sectors ranging from identifying customers, successfully disseminating personalized information, on-boarding the client, doing due-diligence at all stages of acceptance, lending and requests until the final disbursements of loans or funds. Turning away from traditional banking procedures has meant that new age banking training has become a must to keep pace with technological and evolutionary changes in the banking system.
What is new-age banking:
New-age banking challenges hence involve upgrading traditional banking business to cutting-edge services offering services in the following three areas of online lending, banking services, and Forex transactions.
Online Lending: 
Take the case of IndusInd Bank.
Their loans are now pre-approved and the ETB users log into the portal and get instant loans after meeting the online eligibility criteria. Besides, they have ramped up the loans on consumer durables, securitized loans, and more digitizing those long and time-consuming loan processes into paper-less, pre-approved seamlessly online instant transactions.
Transactions in FOREX:
This trending market also covers travel cards that are multi-currency, currency exchange at market rates and delivery of local currency at kiosks or the airport for foreign travelers. The easy on-boarding and reloading, blockchain based security, direct product deliveries against cash-on-receipt; easy conversions of FOREX, etc are some of the USPs.
Personalized Banking Services:
Customization of banking services through requests has made visiting the bank unnecessarily obsolete. Almost all banks have portals for account management, and payment platforms like BHIM and QR scans like PayTM have meant digitization and cashless transactions leading to higher C-SAT ratings.
Skills for a new-age banker:
To become bankable as a new-age banker be prepared to work with new age banking courses on the following attributes. You will need to have a sound academic record and at least a graduation degree. You will need

  • Fluency in English communication.
  • Excellent forecasting, predictive and analytical skills.
  • Analytical thinking and problem-solving abilities.
  • Sound foundations in subject-expertise are very desirable.
  • Strong manipulative skills in Excel VB Macros and such financial software.

The how-to of the interview:
New-age banking has become click dependent! Here are some tips to crack the difficult new-age banking interviews.

  1. Do a course:
    Firstly, consider doing New Age Banking Course at reputed Imarticus Learning. Besides the most comprehensive curriculum, they emphasize resume building, personality development, practical project and assignment work and much more.
  1. Research your information on the job, bank, and role:
    Don’t take the Imarticus new-age banking course with placement for granted. The questions you should focus on will be your academic and family background, any breaks in academics, weaknesses, strengths, why you deserve hiring and such. A lot of information is available on the bank websites and the internet too.
  1. Practice and be well-prepared for the interview:
    Being prepared is half the battle won! Make a list of interviewer questions and focus on what the interviewer wants from you. Here’s a cheat-list questionnaire.

General type:

  • What does banking mean to you?
  • Talk me through your CV.
  • What does the role/ present market condition mean to you?
  • What do you think this bank values can achieve?
  • Why do you want to become a banker?
  • What are your achievements/ weaknesses/ strengths?
  • How do you handle leadership/stress/ failure/ accomplishments?
  • Why do you think you should be hired?

Technical type:

  • Explain what this means to you. Financial models/ valuation methods like DCF/ Weighted capital costs/ deferred tax assets and such topics
  • How can you use bank earnings?
  • Explain how different new-age banking is?
  1. Keep situational case-studies undertaken handy:

Try to link your answers with the case-studies to emphasize your learning and show coherent logical thinking throughout the interview. Polish your presentation and communication skills while practicing.

  1. Dress suitably:

The new-age banker is neatly and respectfully dressed. Your attire also showcases your character, goals, and beliefs and helps make the client ready to trust you.
Conclusion:
The total payouts in new-age banking roles are performance and bonuses oriented and are extremely well-paying in comparison to other jobs. Doing the New Age Banking Course helps you earn a global measurable certification which validates your skills and knowledge and is acceptable as real-life experience of the new-age banking procedures and experience requirements preferred by most employers.
In parting, if you wish to learn all about the new-age Banking Course with Placement career- course, do your course with the reputed Imarticus Learning to emerge right atop of the rushing crowds of banking career aspirants. Hurry! Admissions are limited in every batch. For more information, you can contact us through Live Chat Support.

What Exactly is The Field and Type of Work That a Data Scientist has to Perform?

Posted on by Imarticus Learning

The field of data science gained prominence when technology enabled Google to introduce the ranking systems for searches. Recommendations were looked at in LinkedIn and data suddenly began to influence all types of newsfeeds.

Currently, the fine art of data science has permeated through every known vertical including Human Resources. Can you even imagine a world devoid of mobile phones, digital payments, or self-driven cars? Yet, just over a decade ago the scenario was very different.

The evolving segment of Data Science Training behind the huge volumes of data generated every second today implies a large number of tasks being powered by insights generated by powerful statistical models. In spite of all this hype, it’s still unclear what this field entails. What exactly does it take to become a data scientist with firms like Google and Apple?

 

What the data analyst and scientist does:

If we look at the most trending and lucrative Data Science Career, the one difference that sets these two categories apart is perhaps the areas of data science they operate in. It is a very huge and diverse field and demands the individual to have a strong understanding of advanced statistics and programming. The scientist’s role is more to clean, organize and make the data available in the desired format first.

Such data is then leveraged to train algorithms which are specifically used to execute the task on hand with maximum accuracy. The models are optimized, tested and re-engineered to provide desirable output in the form of products like forecasting engines.

In a way, the data scientist ensures the sustainable development and growth of the entire system and could also be called the architects behind a decision. Some firms like Mu Sigma Inc based out of Bangalore and Chicago have been the pioneers in this field in India.

The poorer cousin per se to the data scientist is the data analyst, who uses the created system so engineered to do the final live data-analysis and produce those forecasts and predictions to further particular goals and business outcomes.

So, whether the need is for a product-framework model being developed, a self-taught solution for optimization in a production process, or using the ML algorithm to provide and make decisions on a flight or hotel bookings, one definitely needs the services of both a data scientist and analyst.

Data science today in plain tech-speak is all about the latest technological infrastructure, analysis and repeated testing of pipelines, ML, AI, deep-learning algorithms, neural networks, modeling, decision-making ML, and innovative personalized data end-products.

The field is evolving rapidly:

Companies like Amazon, Airbnb, Etsy, Twitter, Facebook, Google, Apple and many more have greatly contributed to making data science a high-paying career. And, the sheer volumes of data being produced, is so large, that it seems unlikely that the Data Science Career aspirants will face a shortage of jobs, for the next decade or so.

Today data science is contributing to cancer cure and treatment needs, powering investigative tools for the law enforcement, high-tech medical imagery, and technologically advanced MRIs and CAT scans, as also the numerous uses of data in self-drive cars, making recommendations to leverage possible business markets and outcomes, in AI and ML-driven production technology, and providing the latest fintech digital solutions and multi-vertical end-products.

The requisite skills needed:

Since data analysts and scientists make a living off the collection, cleaning and modeling of data, testing and creating dashboards, visualizing petabytes of data, making statistical forecasts and inferences, and providing key verticals and stakeholders with the required decision-making prowess, the skills required of them are also multi-dimensional.

A course in data science training should educate the scientist in very short time-periods with practical skills, latest technology, and an ethical code besides non-transferable soft-skills and managerial experience. Though interest in data-analytics is the prime requisite, a sound degree in finance, economics, CE and engineering is a definite plus.

It also pays to specialize in performing areas like ML, Business Intelligence, and Decision Science which form the how, and whys of data science. Besides the practical aspects of techniques and best practices, you will need to be good at business modeling, data analysis, and communicative skills.

Parting notes:

Making a career in data sciences is definitely a good career choice. To succeed at it you will need a supportive learning partner like Imarticus Learning where the short-term courses are succinct, highly skilled and offer measurable certification. Besides who can refuse the offer of certified-trainers mentorship, assured placements, personality development and being job-ready from the first day?