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Day: July 21, 2021

Evolution of Fintech: Innovation and Technology! A Must Read for MBA Aspirants

Posted on by Imarticus Learning

Fintech is the combination of two words – finance and technology. The fintech industry has come a long way. It has gone through hundreds of years of evolution to get where it is today. The following points will help you understand better how fintech has evolved:

How Fintech Evolved Over the Years?

Stage 1: The Early Days

Fintech started when technologies started globalizing financial processes. Before the introduction of technology in the financial sector, it was highly inefficient to collaborate and share information. The productivity of most financial processes relies on how quickly the information is shared.

That is why we can say that the introduction of the first transatlantic cable started the era of fintech. Another revolutionary technology that made the financial industry better is Fedwire. It was the first electronic money transfer system and used Morse code and telegraph to transfer data.

Afterward, credit cards entered the market in the 1950s. This was another revolutionary concept that transformed modern living and its relationship with banking. Now, credit cards are an integral part of our daily lives. The early era of fintech started in 1866 and lasted up until 1967.

Stage 2: Transforming Banking

We can say that the second era of fintech started after the arrival of the first handheld calculator. Jack Kilby changed the financial world completely through his invention. Handheld calculators made it significantly easier to perform calculations on the go, allowing people to perform and verify complicated computations quickly and efficiently.

Apart from the calculator, this era saw the introduction of automated teller machines, also known as ATMs in short. ATMs allowed consumers to withdraw funds from their bank accounts without visiting a branch. They automated the withdrawal process and were one of the first banking processes that required minimum human intervention.

In the final decades of this stage, the financial sector saw the arrival of the digital stock exchange, computers, and the internet. All of these technologies had huge impacts on the financial world. While stock exchanges allowed investors to trade more efficiently, computers simplified many processes in banking and finance that required a lot of effort beforehand. This era lasted from 1967 to around 2007.

Stage 3: Fintech Now

Since 2008, we have been in the third stage of the fintech industry. Modern fintech is vastly different from its initial days. Now, we have smartphones that allow users to share innumerable data with each other in multiple ways. Fintech of today relies on startups that innovate continually and come up with new ways to make finance more accessible and automated.

One of the most significant technologies we have seen in this era is the introduction of e-wallets. Not only do they simplify banking substantially but also make it more transparent.

How to Start a Career in Fintech?

A career in fintech can be extremely beneficial. It is an evergreen industry that is constantly evolving and keeping up with the changes in time. To pursue a career in this sector, you should enroll in an online MBA course.

An online MBA course will help you learn the necessary concepts such as financial accounting and blockchain safely and comfortably. Getting an MBA in fintech will help you stand out from your peers in this industry too, and make it easier for you to bag high-paying jobs.

Modern fintech requires you to be an expert in the oldest financial concepts as well as the latest technologies. You should know about financial accounting and at the same time, have knowledge of data science. If you want to get an MBA in fintech that covers these concepts, you can go here.

All You Need To Know About The Career Scope in BBA- Banking and Finance

Posted on by Imarticus Learning

BBA is a well-known management program in India and across the globe. There are too many institutes that provide BBA courses. Most of the students opt to join BBA courses as it helps them in getting admission to MBA or PGDM courses. However, choosing the right institute to pursue your career becomes an essential part of the education phase.

What is BBA in Banking and Finance?

BBA stands for Bachelor of Business Administration. In banking and finance, this degree enables students to gain skills in accounting, economics, business law, and marketing, which they can use when dealing with the public or other organizations.

Bachelor of Business administration is a four-year program that prepares people who want careers in management positions within various banking & financial services. The BBA focuses on teaching essential knowledge about how the industry operates, so graduates are ready for career opportunities from accountants to lawyers; managers/executives at small businesses like restaurants or retail stores up through executives working high-level jobs at Fortune 500 companies.

Why should you study an online BBA course in India?

BBA courses are the gateway to a bright future. The curriculum covers all of the fundamentals, including accounting and finance, management principles, marketing strategies, and more. These skills give you an edge in today’s job market over those who haven’t had them ever before!

BBA coursework is what helps make your resume stand out from other applicants on paper – it makes sure that employers know how much experience they can gain during their time enrolled at this institution while also taking advantage of these opportunities with internships or fully-paid jobs within various companies for hands-on learning outside class hours. BBA degrees provide students with knowledge about business administration practices as well as potential career paths after graduation.

Career scope of Banking and Finance professionals

Financial professionals are a breed of their own. They manage the economy, guide investments, and help grow companies with advice on making wise decisions about money matters. Bankers provide loans for organizations in need, while financial advisors advise those looking for ways to generate income or invest savings wisely.

Alongside venture capitalists and other investment managers, these experts can have an enormous impact on international trade as well as local economies by creating jobs, alleviating poverty through better education opportunities, or spurring economic growth through development projects that create new markets such as carbon trading schemes which reduce emissions from fossil fuels used around the world.

Imarticus offers Online BBA certification in Banking and Finance.

There are countless universities and business schools that offer BBA programs in Banking and finance. Imarticus Learning is one of the leading technology-driven institutes that provide online courses on banking for those living abroad or simply unable to move back home and Indian students looking to further their education without sacrificing work hours. Enroll now for BBA in banking and finance.

The Career Guide to Have a Successful Career as an Agile Business Analyst!

Posted on by Imarticus Learning

If you want a successful business analyst career, it is vital to understand the different business analyst certifications. Some business analysts decide to take the Strategy Analysis certification route, and some business analysts choose to take some other path. This blog post discusses what agile business analysts do, what qualifications are required for certifications, and why to select business analysts as a career!

Who is Agile Business Analysts do?

Agile business analysts are trailblazers who can navigate the ever-changing business world. They must be comfortable with ambiguity and uncertainty and adept at taking the initiative to tackle all different types of problems.

The business analyst is responsible for understanding the business needs, identifying appropriate strategies that will address those needs in a timely fashion, executing on those plans by leveraging their knowledge of various functions (e.g., marketing and strategy analysis), keeping track of any risks or obstacles they identified along the way and staying connected with relevant stakeholders throughout their project life cycle.

What is the benefit of making a career as a Business Analyst?

Growth Market

Business analysis is a growing market. Most organizations realize the value of skilled, agile business analysts. Professional business analysts have the skills to ensure your company invests the most precious resources of workforce and money in the wisest possible way.

Business Analysts make use of precious time to stay above the competition and gain an advantage. According to LinkedIn data, India has at least 1.2 million business analysts, and in 2020, India had the highest number of business analysts. Some popular sectors where Agile Business Analysts have a promising career are retail, banking, healthcare, hospitality, eCommerce, manufacturing, etc.

Low Entry Barrier Compared to Other Professions

This is another reason to make a career in this field. The job role is still developing, and not many professional qualifications are required. Things are changing rapidly, with the increasing importance of IIBA (International Institute of Business Analysis) and the CBAP accreditation (Certified Business Analysis Professional) and the ISEB qualification, business analyst certification, & other national equivalents are needed.

Challenging And Demanding Job

The business analysis utilizes multiple skills, including problem-solving, relationship management, & time management. The aspirants must enjoy challenges & be satisfied with the job as well.

Springboard To Other Careers

A business analyst in the later years of their career is open to take up many other job roles. Building a career from scrap provides you opportunities to move into a higher profile, with well-rewarded roles in program management, project management, business architecture, and strategy analysis.

Use Existing Industry Knowledge

If experienced professionals switch careers to be agile business analysts, they have the leverage to use general business knowledge of a particular sector and be a valuable asset.

Prepare for a successful career as an Agile Business Analyst at Imarticus Learning:

Imarticus Learning offers MBA programs and PG programs for Agile Business Analyst. It is a comprehensive course designed to prepare students for the responsibilities of an Agile Business Analyst. The placement-driven program teaches students to manage modern business analysis processes with relevant tools and techniques via multiple case studies, role-playing activities, and hands-on training.

Imarticus learning offers a unique structure on specific programs where students pay fees only after getting a job with a minimum salary of ₹5 Lakh/PA. This is commonly known as an “Income Sharing Agreement (ISA).”

The course framework is industry endorsed and is designed & developed in consultation with industry experts and collaboration with IIBA. Students gain hands-on learning through diligent problem-solving practical assignments and participating in business role-plays.

For further details on business analytics courses in India, contact us through the Live Chat Support system or visit our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Hyderabad, Delhi and Gurgaon..

Financial Analytics Financial Analysis: What is the Difference?

Posted on by Imarticus Learning

The economy is made up of different segments called sectors. These sectors comprise businesses that provide goods and services to consumers.

The financial services sector provides financial services to people and corporations. This sector comprises a variety of financial firms, including banks, investment houses, lenders, finance companies, real estate brokers, and insurance companies.

Here’s the difference between Financial Analytics & Financial Analysis.

What is Financial Analytics?

Financial analytics is the process of analyzing financial data to make financial decisions. Financial analysts are responsible for both financial reporting and financial forecasting. One of their main tasks is creating a balance sheet, formulating financial strategies, working with financial models, and using financial information to guide decisions. Some Analysts prepare reports to track financial performance against projections at various levels to identify possible problems.

What is Financial Analysis?

The financial analysis aims to understand the economic potentials and consequences of various courses of action by analyzing past performance and future expectations concerning financial markets, investments, cash flows, etc., and anticipating impacts on them from alternative measures such as changes in interest rates or regulatory requirements.

The Difference between Financial Analytics and Finance Analysis:

The key difference between financial analysis and financial analytics is that one does not need a deep understanding of mathematics or statistics in financial analysis. On the other hand, in finance, you do need a background knowledge of mathematics/statistics.

This means that people who work as financial analysts might rely upon more by their companies. In contrast, someone working with finance will rely upon less because they would have a deeper understanding of what’s going on under the surface.

– A financial analyst is a financial professional with the skills, experience, and education to perform financial analysis efficiently. They are often required by law or regulation as part of their job description. Financial analysts interpret financial data from financial statements to provide valuable insights about future trends for public corporations, governments, and non-profit organizations.

– Financial analysis involves making informed decisions based on past performance-financials such as budgets, tax records, or other business transactions collected over time which can be analyzed to give insight into how well they might do at some point in the future if certain factors remain constant. A financial analysis also includes analyzing cash flow and financial ratios, such as return on investment (ROI), to help improve performance.

– Financial analysts typically use financial statements from past years in the company’s financial reports to predict future economic trends for that company. They examine balance sheets, income statements, other financial records of profitability over time, make predictions over revenues or expenses based on how those numbers have changed up until this point.

Financial analysts also analyze debt levels & interest rates when predicting whether a specific business venture is likely profitable enough for investors who provide funding.

Grow with Imarticus Learning:

If you wish to advance your career in financial analytics, Imarticus Learning offers Financial Analysis Prodegree, which prepares you on the basics of financial analytics, accounting, business, and economics. The course prepares students for an essential role in the Fintech industry, with practical data and financial analytics knowledge. A financial analyst course is an initial step into the journey of the world of big data.

Imarticus Learning has courses tailored by experts professionally that teach students to use practical data analytics applications. The financial analytics course syllabus comprises theoretical and practical knowledge through workshops with industry experts. The 100% placement assistance from Imarticus Learning is an added value for students.

Contact us through the Live Chat Support system or schedule a visit to our training centers based in Mumbai, Thane, Pune, Chennai, Bengaluru, Hyderabad, Delhi, and Gurgaon!

 

Why Technology Companies are Becoming a Magnet for MBA Students?

Posted on by Imarticus Learning

Technology companies are attracting a lot of attention from MBA students these days. The growing demand for technology professionals is evident in how tech startups have attracted more money than any other industry over the past few years, and this trend is not expected to end anytime soon. MBAs want to work at companies that will provide them with valuable skills, connections, and growth opportunities.

This is why Technology companies have become so popular for MBA students looking for their next career move. Competitive salary, exciting work environment, and new technologies created create new business opportunities.

Here’s why MBA students choose to work at a tech company over another:

  • Technology companies are attractive because of the exponential growth opportunities. The industry is going through a shift to data-driven decision-making, which has led to many jobs opening up in analytics, sales, business intelligence (BI), marketing, product management, and operations for MBAs with technical backgrounds and people skills like communication or collaboration.
  • Technology companies have become popular among MBA candidates because they offer more flexible work hours than traditional finance positions, which can lead to a better work-life balance. Tech firms also typically provide perks such as free lunches at onsite cafeterias, fitness centers with personal trainers available during working hours, and pet-friendly offices where employees have the freedom to bring their pets to the office every day!
  • Additionally, some tech firms offer tuition reimbursement programs and opportunities for cross-department work that give MBAs the chance to learn how different departments interact with one another.
  • The knack for innovation in these organizations makes them attractive employers for today’s top talent. Technology companies also make better long-term investments because they often provide more flexibility than traditional finance positions while still keeping employees engaged by giving justified perks.
  • An MBA degree is an investment in your future, as it opens ways to explore some of the best opportunities in the professional realm.best online MBA classes

Many people may seek answers to questions like what are the best online MBA courses, how to do MBA online, or is distance education an option for them? The answer is you must choose a setting that suits your goals and resources availability.

Here’s why one should opt for Distance MBA?

In distance MBA, course content is imparted without a candidate’s physical presence in class. For working professionals, an online/full-time MBA may not be possible due to geographical location and other factors. Distance MBA programs are the best alternative to upgrade while continuing with the current job role and personal responsibilities to avoid several disruptions. Here are some benefits of Distance MBA:

  • Save the opportunity cost of dropping off employment.
  • The expenses borne on distance MBA are way lesser compared to a full-time MBA. Distance MBA and some online programs have a flexible schedule & allow the convenience of completing course requirements as per own schedule.
  • Even with a change of location, continuing the program is an easy task.
  • With a distance MBA, you can apply business concepts learned at the workplace.

Grow Exponentially with Imarticus Learning:

If you wish to gain an edge through up-skilling over your competitors, Imarticus Learning is here to assist. We help aspirants to develop professionally, and get well-versed knowledge and explore the job market. Imarticus Learning offers flexible MBA online courses in blockchain tech, cryptocurrencies, Fintech, and Analytics that help you boost your expertise on a wide range of subjects.

The course frameworks cover in-depth the information needed to excel in competitive industries. Industry experts design the programs to gain better business insights, communication skills, domain expertise, and management skills.

Contact us through the Live Chat Support system or schedule a visit to our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Hyderabad, Delhi, Gurgaon, and Ahmedabad.