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Day: April 18, 2020

What Is the Best Way to a Job at an Investment Bank?

Posted on by Imarticus Learning

Last Updated on 6 months ago by Imarticus Learning

What Is An Investment Bank

Investment banking is considered to be a financial mechanism which has much complexity. A financial mediator that performs different varieties of tasks is called as ‘Investment Bank’. These banks are mostly specialized in a big and composite financial transaction. Various projects and business entities are served by these banks.

They act as a financial advisor or agent for institutional clients. Also, it can be described as the special area of banking tasks that helps companies to increase capital and provide advisory to them. JPMorgan Chase, Citigroup, Bank of America & Deutsche bank is some of the examples of investment banks. There are investments banks dedicated to only individual customers also who have retail operations.

How Does An Investment Bank Earn

Investment banks buy all the desired shares at a price computed by the experts and resell them to the public. Also, sometimes sell the shares on behalf of an issuer authority and earns a commission on each share.

Consider a company A who is buying a different company that is X. A company has does not have any idea about the company X like is it worth buying and how they can benefit in terms of generating revenues. In these kinds of situations, investment banks come into action which goes through a process to check about the values of company X, it does the documentation part and advises company A the correct time of buying company X.

An investment bank in this situation is advising the buying side but there can be vice-versa of it also. They can even help to sell a company like X in this case. The bigger the deal would be, the more the commission investment bank would earn.

How to get a job at Investment Bank?

It is tough to get into investment banks due to large applicants and very few openings. It is seen sometimes that the ratio goes to 100:1 of applicants and openings. If you want to get entry into an investment bank you can enter mainly through two job roles that are analyst and associate.

In investment banks most common job roles for junior, mid-level & senior roles are stated below:
1) Associate
2) Analysts
3) Director
4) Vice President
5) Managing Director

The quality traits that analysts or associate working in IBD of Investment bank are :
· Competitive
· Detail-oriented
· Polished & Presentable
· Highly ambitious

Investment Bank Course & Certification

To start in the areas of Investment banks one should get a good understanding of accounting principles and also excel including basics things like formulas and functions. Then you can start with financial modelling which is the primary things task in an investment bank daily. There are several online courses and certifications provided by Udemy, Coursera & Imarticus and other institutes. They offer courses free of cost and also paid online course in different domains to help people to make a career in Investment banks that is often done by CA, MBA professionals, etc.

There also PGP certifications which are done under investment banking and capital market. There is training and placements assistance also provided by the institutions. If you enrol in Imarticus certification on certified investment banking operation professionals you would be given training and also placements assistance. It is a 180-hour certification program. The average placement which is committed is of 3-8LPA.

Some of the popular courses that are present online are:

· FLIP – NCFM: Equity Research with Financial Modeling
· FLIP – NCFM: Investment Banking Operations International
· FLIP – NCFM: Issue Management
· PE, M&A, and Structured Finance
· Research Analyst with Financial Modeling
· Technical Analysis

Also Read: Different Types of Investment Banking Jobs

13 Cool Work From Home Jobs To Look Out For in 2020!

Posted on by Imarticus Learning

Last Updated on 2 years ago by Imarticus Learning

If the COVID-19 outbreak has brought one topic to the forefront, then it is the idea of a virtual workplace. Today, most of the world is working from home, which is triggering a shift in the processes and workflows that were previously considered untameable. With experts calling the current scenario the new normal, it is only practical to look at more ideas for working from home.

You may be already working a full-time job but there is no way to predict its future. This calls for a look at different avenues that you can explore for employment. Even if you hold a recession-safe job, it makes sense to increase the number of sources as the world inches into a state of uncertainty.

Here are some of the coolest work from home options in 2020:

Freelance WritingFreelance writing

This was and remains one of the most profitable and best online jobs to do from home. There’s no need for any extra investment; just a flair for writing and the ability to market yourself over the internet is enough. You can start by exploring sites like Freelancer.com for leads.

 

Data entry jobs

This is another common work from home job where you assist agencies and companies with data entry tasks. Most of these jobs involve Microsoft Excel and Google Sheets, so some degree of expertise in those tools is necessary.

Data Entry JobsGeneral app testing

Several companies rely on a virtual workforce to get their projects done. One such opportunity in India is to assist testing companies with your time. All you have to do is download the specified app or game (e.g.: Google Maps or Ludo King beta) and test all its elements (such as the UI) from a user perspective. Your job is to find out issues in the app and report them to the company in return for bounties.

Tableau expert (data visualization)

One of the critical means of data communication during the COVID-19 epidemic is a graphical representation. This art of collecting data and relaying the information through visualization is a hot skill right now. Sites like Upwork.com are seeing an uptick in jobs posted in this category.

Social media management

This has been a hot work from home job for some years now. Very relevant in the current scenario, you can easily look at earning a good amount every week by handling social media profiles of brands, personalities, and corporations. Start with Instagram as a platform. Jobs like these are available on Upwork.com and Fiverr.com.

online tutoringOnline tutoring

Do you know parents that are struggling to maintain their kids’ curriculum during the lockdown? Get in touch with them and show them how you can keep their children busy via Zoom or other videoconferencing tools. If you are a master of any primary or secondary school subject, it’s a great skill that is waiting to earn you some good money.

Baker or chef

Although panic buying is not a reality in India yet, you can take advantage of this scenario by putting your culinary skills into good use. Since restaurants are closed and grocery shops running with reduced staff and supplies, you can offer home-made food (bread is a hot demand food item right now) to your neighbors and relatives. Just make sure you put “safe cooking” on top of all your marketing communication.

Content editing and proofreading

This is an all-time cool work from home idea. Here all you need is a good understanding of grammar, writing styles, and punctuation to polishing content pieces that are ready for publishing. Know a digital marketing startup that is looking for talent? Hit them up right now.

Instructor

Slightly different than online tutoring, here you are supposed to help other people get certain tasks done. Do you know a neighbor who is struggling to do her finances during the COVID-19 crisis? You can help her out by teaching the alternative way to bank i.e. net banking or via debit cards. This may not sound common, but such jobs have certainly mushroomed up in modern India.

Product reviewing

With Amazon and Flipkart only servicing essentials right now, merchants are looking at other ways to keep their business running. A part of this involves scouting for genuine product reviews so that when things go back to normal, they can get a headstart at least in terms of online promotion, marketing, and reputation.

Online Product ReviewingBecome a self-learned stylist

Salons and barbershops are shut but hair growth hasn’t stopped. There is no way to find professional barbers and people are trying their own hand at grooming. With a little bit of learning and training with common tools, you can be a helping hand to those in need. Just make sure you provide the services while taking the necessary precautions like wearing a face mask and washing hands before and after the job.

Help in taxes

The fiscal year has been extended by three months in India but people are still looking for assistance in their finances. Now is the right time to put your mathematical hand into good use and work from home to help needy individuals sort their taxes out. Currently, everyone needs a three-month financial plan, right.

Become a conversationalist

With people staying indoors in India, loneliness has peaked. Sanity levels are dropping as people are experiencing mood swings and involuntarily changes in lifestyle. In these dire times, you can turn your extroversion into a helping hand for those who need some form of communication. Various agencies are providing such communication services for individuals who are trying to fight loneliness. You can get in touch with them.

There are many more freelance jobs available but the epidemic has either rendered them useless or have added limitations to them. However, that is not the case with these cool ideas for working from home. Start with one or two now!

Why Business Intelligence Has A Role in The World Of AI?

Posted on by Imarticus Learning

Last Updated on 2 years ago by Imarticus Learning

Have you ever wondered why the sight of black cobra doesn’t scare an infant or a two-year-old baby, but it does scare a child of age 10 or an adult? The answer lies in the adrenalin hormone, secreted by a human body.

We human beings are trained for certain stimuli but if we encounter something new, we may not be able to respond well to the situation. In technology, AI is meant to think like humans by giving it the required amount of training. This training can be given by exposing the AI to a certain amount of data.

To learn business intelligence in detail and understand the role of BI technology in AI, it is very important to understand the exactness of BI and AI and the difference between the two.

Business Intelligence Role in AI

Underlining difference between Business Intelligence and Artificial intelligence

The base function of AI is to think and act like humans whereas the base function of BI is data analysis. The role of AI lies in decision making, whereas the role of BI lies in preparing the reports. The key role of BI is to collect the information, which the organizations can use to make optimized decisions. AI on the other hand uses the organization’s own information along with the information of the industry as a whole, to help the organizations to make the best possible moves.

For example, a simple tool that can convert handwritten text into typed text first uses the general information provided to it. This tool works using AI. Initially, this AI is exposed to a certain amount of handwritten text and it converts it into the typed text. Once the output is there, it requires some manual corrections to train the AI. Next time with a similar input, the output comes out in a better way. For the purpose of decision making, BI provides firsthand information to the AI to work, and later AI is trained to perform in a better way.

To understand the role of BI in AI, let us look at some examples of AI solutions

DOMO is a business management software company. This company has created a cloud-based dashboard that receives data from different apps using approximately 400 software connectors. This data is used for business intelligence.

This way, companies using DOMO can extract the data from different apps such as Salesforce, Shopify, etc. to gain insight into the customer’s sales or product inventory. The extracted data can also be used to spot the trends in the performance of the product. Later, a new feature known as Mr. Robot was added to the dashboard of Domo. The purpose of Mr. Robot is to provide insights to make decisions. This way BI is used to fuel AI.

Complementary nature of BI and AI

 There are certain patterns in the data that humans and BI cannot detect easily, the much-detailed algorithms with a consistent focus on certain parameters can help in the detection of such patterns are helping the decision-makers in a much holistic way.

Considering that the AI is superior to BI in all ways will not be correct. If all the possible constraints are not introduced to the AI, then relying on AI could result in business loss. Similarly, BI can also be extremely useful for decision-makers if the problem is unique, because of the generic nature of AI, which means it is trained to solve general problems.

Despite all the plus points, there always remains a threat to privacy breaches and data security with AI. However, with BI two major issues are organization and its people and data with technology. By considering all the positives and negatives of two systems, it is quite clear that BI in AI helps the organizations to review the data of the past and helps with new features. This helps in saving a lot of time in which organizations spend on data analysis and decision making.

Why Is Financial Analysis Important?

Posted on by Imarticus Learning

Last Updated on 4 years ago by Imarticus Learning

Financial analysis refers to the detailed process of evaluating a business, reports, budgets, ideas etc. to assess the feasibility of investing in the same, buying it, making informed decisions that align with organisational goals etc. It usually evaluates the same on four parameters, namely- liquidity, profitability, solvency, and stability. Thus, as important as it is to account for financial analysis, it is also important to interpret it and understand the relationship between different business components for enhanced financial analysis. A financial analysis course extends the knowledge to perform an in-depth analysis using various techniques such as vertical analysis, horizontal analysis, ratio analysis, trend analysis, interpreting cash flow statements and balance sheets, etc. In today’s date, this practice has become all the more important as financial literacy, research and management are on the rise. To save money in a progressive trend, investment in assets, purchasing value investments, wealth creation, expansion of business, profitability with sustainability etc. a company needs to perform a financial analysis before making any decisions in this VUCA environment. Listed below are other reasons as to why taking a financial analysis course is paramount for the short term and long term interest of the firm:

● To assess the risk involved: No investment is rewarded without risk. No decision comes without impending peril. During a financial analysis, one can calculate the reward one reaps in proportion to the risk undertaken. It also helps companies in assessing their risk-taking capacity, calculate opportunity costs, and make choices accordingly.
● Comparative Analysis: Understanding and interpreting financial statements charts an easy path to compare between more than one avenues for investment, budgeting, forecasting and so on
● Health check of the financial performance of the firm: A microscopic view of the financial statements, annual reports, share prices, and market share of a firm can reveal it’s stability to pay dividends to shareholders, profit retention, resource optimisation etc. that helps in making an informed decision
● Productive Efficiency: An in-depth look into the financial statements and reports of an organisation puts them in a better place to control any discrepancies in the operational and managerial capacity of the firm and take feedbacks or measures to ensure the removal of the same
● Relationship with stakeholders: While the financial communique of companies provides an idea to the employees in terms of their pay, monetary and non-monetary benefits; it gives knowledge to the existing and potential shareholders of dividends paid. Similarly, it informs the suppliers about the credit-worthiness of the firm and to the investors an understanding of the company’s revenue-generating capacity and profit maximisation. Thus these statements provide an insight into the workings of the organisation to different stakeholders which determine a long-lasting relationship with various groups of stakeholders.
● Trend Spotting: By always staying informed about the inter-alia of a company through documentation of all its business decision via its annual reports, one is vigilant of the changes, trends, decision-making approaches of the company that helps in better financial planning and lucrative returns
● Macroeconomic and Microeconomic perspectives: The course of financial examinations of companies is such that it gives an extensive idea of not only what is happening within the company, but also a broad view of the competitors, the industry, and thus the economy. It amplifies the understanding of how everything is connected in the ecosystem due to which financial analysts and planners can vet decisions in terms of stable organisational finances and wealth management.
● Financial Planning: Due to the financial analysis course, companies are in a better place to decide, plan, and organise their wealth management portfolio, which aligns with short-term and long-term financial goals. It is a calculated prediction that brings stability, additional sources of revenue, and increased assets, and improved wealth creations.

Proper financial analysis, management, and planning benefits any organisation irrespective of their nature and size. It empowers them to make better management decisions, increase profitability, and achieve organisational goals in due course of time.

6 Skills to Become a Business Analyst

Posted on by Imarticus Learning

Last Updated on 5 years ago by Imarticus Learning

The business analyst position is one of the most promising career options in the age of data science. Any company that relies on progressive technology uses tons of data to make operational decisions that’ll be profitable for the business. The internet is flooded with business analyst courses given the widespread demand for business analyst professionals by businesses. So what does a data analyst do? Well, from a broader perspective the role involves churning tons of data to analyse the industry trend and market situation and make suggestions regarding the business operations. Let’s delve deeper into what the role encompasses and what are the key skills required for the job.

Role of a Business Analyst

The role of a business analyst is very dynamic and holds an array of responsibilities. A business analyst is responsible to bridge the gap between the IT and non-IT departments using data analytics. They work in close conjunction with the IT and Finance department to build a data-backed model which will help to improve business processes and minimize the cost incurred on such expeditions.
A typical job description for a business analyst might include tasks like budgeting and forecasting, price optimisation, variance analysis, doing a SWOT analysis, identifying new profitable avenues for the business, communicating with key stakeholders for a comprehensive analysis, etc. The job is multidimensional and requires very skilled professionals who have honed both their soft skills and technical skills to perfection. Let’s peep into some of the key skills required by business analyst professionals in the field.

Skills Required To Become Business Analyst

The job of a business analyst has multiple aspects to it and requires a mixture of balanced technical and soft skills, let’ learn about some of the key skills that help the business analyst in their professional life.

  • Technical skills: Technical skills are the most crucial ones as a lot depends on the  competency of a business analyst to carry out details business analysis by factoring in multiple variables that might affect the business. Most of the software developments take place only after the business analyst’s recommendations post analysis. Understanding the technical applications and its relevance to the business is utmost important. In addition to this, a BA should also be able to analyse market trends and predict future trends based on historical data.
  • Research skills: Given the enormous amount of information present in the age of data science, it is imperative to find relevant contextual information that’ll help the business. Research skills are the key to finding reliable information that is relevant to a particular business or industry. Using data analytics on irrelevant data won’t get the best results for a corporation.
  • Critical thinking: Being good at research will not suffice. What you draw out from the research data is crucial to your success. This requires thinking critically with all that information present at hand after doing the research. When you obtain valuable insights from the data you can apply it to grow the business further. A lot of contemplation goes into drawing out conclusions from the data.
  • Communication skills: When you can’t express all that you have understood about the business, it won’t be easier for people around you to comprehend your thinking and motive. An effective communicator needs to put forth their own opinion so that other parties can understand the data-based insights obtained. Being a good communicator means you should be as good a listener as you are a speaker. Listening to various stakeholders is the key to effective communication.
  • Interpersonal skills: When you are working as a business analyst in a company, it requires you to communicate and understand the needs of various stakeholders. This requires you to have good interpersonal skills so that you can get along with the key stakeholders. The key here is to understand the motivation, objectives and inspirations of different parties to reach an understanding outcome.
  • Negotiation skills: When you have to manage multiple stakeholders to the business you won’t be able to satisfy all the parties. The best outcome for one party will not necessarily produce the same for the other party. This needs an effective negotiator to balance the scales and settle the difference. Managing the conflict of opinions is the key to negotiating here.

How Challenging Is the Lockdown for Fintech Players?

Posted on by Imarticus Learning

Last Updated on 5 years ago by Imarticus Learning

Humanity is facing a tough time today. The Novel Coronavirus is spreading at a fast rate globally. Some countries are tackling it hard while some have lost many of its citizens. Almost all the countries are under lockdown and all the economic activities have hit a speed bumper. People cannot go to banks and ATMs regularly nowadays as compared to normal days. A lot of financial activities are done through online transactions and digital payment methods are witnessing a rise in demand.

There are a lot of firms that had a huge cash inflow/outflow which has been affected due to lockdown. A lot of small vendors are closing their shops who do not deal in digital transactions. The Fintech players have been posed with the challenge to fulfil the demands of people and to maintain economic stability in these tough times. Let us discuss more the challenges faced by Fintech companies during this outbreak.

Many people earn their meals by working every day. If they don’t work, they can’t survive. Many countries have ensured necessary funds for these people and it is the job of a Business correspondent (BC) to deliver the funds to them. They help people who have less financial knowledge in accessing their bank accounts. Many economic activities have come to a halt and the cash flow is decreasing. It is very tough to provide cash to these people as many financial institutions are reporting cash shortage issues. The BCs of Fintech companies who were looking to expand themselves in rural areas are now facing the challenge of cash shortage. The financial exchanges of these rural people are mostly in cash and it is not possible to make the rural economy cashless overnight amidst this crisis.

There are restrictions on human movement because that is the only cure till now. The Fintech companies have to provide cash to these BCs and then the BCs have to ensure this money reaches the one in need. People cannot gather at one place to collect their share because of fear of an outbreak. The Fintech companies will find it hard in authentication, accessibility, and distribution.

A lot of people are shifting towards digital payments due to cash shortage. The load on servers of this Fintech firms is also increasing day by day. The fear of data loss or server lag is always there. The Fintech players have to adapt and bring technological advancements so they manage the load. If the server crashes, then a lot of transactions will get affected.

The data/information which is generated each day has also to be secure. A lot of people are using the services of Fintech firms and they are trusting them with their valuable transactions and personal information. The Fintech players have to cope up with the security challenges.

There is a lockdown imposed in many countries and is strictly monitored by the authorities. The Fintech players and their BCs have to cooperate with the local authorities and they have to make sure they follow the permissions and guidelines.

Due to this epidemic, cross border transactions and activities are witnessing a fall. The Fintech players have to make sure they manage the loss. They have to find innovative and secure ways for the demands of customers across the border.

Conclusion
There is a lot of load on these Fintech players but it is also an opportunity where they can leave an impact on their customers. The firms which will adapt will come out stronger from this situation. After all, there is hope to hang on! This article was all about the challenges faced by Fintech players amidst the lockdown. I hope it helps!

Best Data Science Institutes in India!

Posted on by Imarticus Learning

Last Updated on 2 years ago by Imarticus Learning

According to Glassdoor, Data Science was the highest-paid field to get into! The demand for data science is very high, while the supply is too low.

Have Some Questions? Explore more here!

How long does it take to get Tableau Certification?

With data becoming one of the core values of many organizations in the world, having tools that work best with data is the key. One such tool is Tableau. It is the fastest and powerful software used for data visualization. It simplifies raw data into a comprehensible format.

With a skill shortage in the field of Data Analytics, Tableau can help build a workforce of talented individuals who can contribute to the industry. For this, we need to understand how long it takes to get a Tableau certification.

There are three types of tableau certifications –

Tableau Desktop Certification, Tableau Server Certification, and Delta Exams.

Tableau Desktop Certification

In this, the certification levels are Tableau Desktop 10 Qualified Associate (2 hours), Tableau Desktop 10 Certified Professional (3 hours), and Tableau Desktop 10 Delta Exam (1 hour).

E-learning and Distance LearningTableau Server Certification

In this, there are certification levels which are Tableau Server 10 Qualified Associate (1.5 hours), Tableau Server 10 Certified Professional (7 hours), and Tableau Server 10 Delta Exam (1 hour).

The time taken depends on the certification level based on the qualification and experience in using Tableau, which may vary from 1 hour to 7 hours.

Which Institute Is The Best For Data Science In Mumbai?

Data science is the latest trend in many organizations that work with data every day, especially for analytics in order to boost their sales and recognize loopholes in their operations.

There are several renowned institutes that offer a Data science course in Mumbai. Some of them are NMIMS School of Business Management, ISME School of management and entrepreneurship, Imarticus Learning Private Limited, Aegis School of Business, Tata Institute of Social Sciences, and SP Jain Institute of Management and Research.

Imarticus Learning is a professional educational institute that focuses on bridging the gap between industries and academics. It builds powerful models and generates useful business insights and predictions for businesses.

The data science course at Imarticus helps the learners to gain job-relevant skills like R, Python, SQL, and Tableau, gain industry certification, experience 360-degree learning which comes with turbo-charged curriculum,  and hands-on experience showing real-life problems in the business world, and video case studies. The course involves expert inputs and certification endorsed by KPMG, a global leader in Artificial Intelligence and Data Science consultancy.

Which institute is the best for data science in Pune?

Data science is the latest trend in many organizations who work with data every day, especially for analytics in order to boost their sales and recognize loopholes in their operations.

There are several renowned institutes that offer Data Science training in Pune including Imarticus Learning Private Limited. Imarticus Learning is a professional educational institute that focuses on bridging the gap between industries and academics. It builds powerful models and generates useful business insights and predictions for businesses.

The data science course at Imarticus offers a broad exposure to key concepts and helps the learners to gain job-relevant skills like R, Python, SQL, and Tableau, gain industry certification, experience a 360-degree learning which comes with turbo-charged curriculum,  and hands-on experience showing real-life problems in business world, and video case studies.

The course involves expert inputs and certification endorsed by KPMG, a global leader in Artificial Intelligence and Data Science consultancy. The instructors and trainers will guide you from the beginning till the end of the course, and you can stay in touch with them and continue to follow up with useful guidance even after completion of the course.

Which is the best training institute for Data Science coaching in Ahmedabad?

Data science is the latest buzz in the organizations who deal with data on a daily basis, especially for data analytics or data science to boost their sales and recognize loopholes in their operations.

There are several renowned institutes that offer Data Science Classes in Ahmedabad including Imarticus Learning Private Limited.

Key to Inclusive Leadership

Imarticus Learning is a professional educational institute that focuses on bridging the gap between industries and academics. It builds powerful models and generates useful business insights and predictions for businesses.

The data science classes at Imarticus help the learners to gain job-relevant skills like R, Python, SQL, and Tableau, gain industry certification, experience a 360-degree learning which comes with turbo-charged curriculum,  and hands-on experience showing real-life problems in business world, and video case studies. The course involves expert inputs and certification endorsed by KPMG, a global leader in Artificial Intelligence and data science consultancy.

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