July 2021 - Page 3 of 12 - Finance, Tech & Analytics Career Resources

Required Proficiencies To Work As a Financial Analyst!

Posted on July 23, 2021March 21, 2024 by Imarticus Learning

Financial analysis is the process in which business data like budgets, projects, and transactions are analyzed to check the feasibility or sustenance of the projects or businesses. Professional financial analysts are required for this process.

There’s no doubt that financial analysis lies at the core of business decisions and management. There may be questions like- what does a financial analyst do, what skills they possess, and how you can become one.

Read on to find out more:

What does a financial analyst do

Financial analysts are responsible for performing financial reporting, forecasting, tracking operational metrics, and creating financial models to analyze investments or companies. They have to analyze historical data, organize information, and gather necessary data to meet their organization’s needs. They advise companies on how to split stock, issue bonds, and other critical financial decisions.

A financial analyst can earn up to INR 10 lakh per year in India with sufficient experience and skills.

Prerequisites for financial analysts

To become a financial analyst, you must have certain skills:

Analytical abilities

Being able to plan, rank, and identify financial problems is the most important skill a financial analyst can possess. Analytical skills will help you find issues and understand them better. It would also help you plan strategically and analyze financial markets, products, and resources more effectively.

Communication skills

Financial analysts must have good communication skills as they help one collaborate better. You’d work with other financial analysts and professionals. Having good communication skills would ensure that you can share your insights with much clarity.

Leadership

Financial analysts work in teams, sometimes leading it. Hence, you should be great at leadership skills. Leadership skills consist of multiple soft skills including interpersonal skills and instilling confidence. You should know how to inspire your team and direct them such that they achieve the best results.

You should also be a team player and work in coordination with your team members and their expectations.

Attention to detail

You must have a strong eye for finding details as a financial analyst. It’s among the most important soft skills for conducting effective financial analysis training because it helps you mitigate errors and stay efficient. It would also help you find outliers in the data more effectively that can play a huge role in creating financial reports and aid you in making decisions.

Accounting

You must be well-versed in accounting, including financial accounting, the branch of accounting that focuses on determining the monetary value of a company. You must be familiar with accounting principles, techniques, and industry standards. This includes knowing about cash flow statements, balance sheets, ledgers, and the mathematical formulas used in accounting.

Financial knowledge

As a finance professional, it’s imperative for you to be well-versed in different financial subjects and concepts. This includes familiarity with various investments, basics of finance, current industry rates and other related concepts. You should stay on top of the financial current events as a financial analyst to perform efficiently.

How to start a career as a financial analyst

A financial analyst must be familiar with many technologies. That’s why companies look for certified professionals as a certification assures them of the candidate’s expertise over the relevant subjects and skills.

We recommend joining online finance courses, particularly those that offer financial analyst training and placement.

Joining such online financial courses will help you start your career quickly and provide you with real-world experience.

Conclusion

Financial analysts must be experts in many domains. If you want a program that offers financial analyst training and placement, be sure to check out this program: Financial Analysis Prodegree.

BBA-Your First Step To The Business World !

Posted on July 23, 2021March 21, 2024 by Imarticus Learning

The benefits of pursuing a Bachelor’s in Business Administration degree are numerous. This degree is excellent for those who want to pursue a career in business, accounting, or finance, and it can also be helpful for those who are not sure what they want to do with their lives after college.

Pursuing an online BBA program provides many of the same benefits as the traditional campus-based programs you would find at universities worldwide. With this article, we will explore some reasons why online BBA classes might be suitable for you!

What is a BBA degree?

A BBA degree or Bachelor of Business Administration is a post-graduate level degree that will give you the skills and knowledge to enter the business world. An online BBA certification provides students with real-life experience through internships, networking opportunities, and more!

Bachelor’s in Business Administration degrees combine management theory with practical application.

Why do I need a BBA degree?

A Bachelor of Business Administration degree typically requires entry-level management positions in the business. The BBA curriculum includes courses on marketing, accounting, and finance.

What all BBA courses are available?

The courses offered in an online BBA program will vary based on the curriculum of your particular institution. The most popular course is called “Business Administration” and covers various topics like accounting, economics, management, marketing, etc. Business students also have access to electives ranging from investments and entrepreneurship to finance or human resources.

For those with no previous business experience, some basic foundations classes cover traditional subjects such as math or English but apply them specifically to the world of business. These foundational classes should be taken by all undergraduate bachelor’s degree-seeking students regardless of their major field is business-related or not. They help prepare you for any career path one might want to pursue down the line.

How much does it cost to get my BBA degree?

It depends upon the college or institution you choose. The degree from the premium institutes is way high compared to online BBA classes or certification. For more information about online BBA certification, you can visit Imarticus Online BBA courses.

Is there an easier way to get into the business world without going through all the schooling and debt of getting a four-year college degree?

If you want to make a successful career in the business world, it highly recommends pursuing your degree from established institutes or enrolling in online certification programs.

Do I have any other options in terms of career choices besides becoming an accountant or financial analyst with my accounting background and knowledge in Excel spreadsheets, PowerPoint presentations, and Microsoft Word documents?

There are hundreds of career choices that you can pick after pursuing your BBA degree. You can become a marketing specialist, financial analyst, business consultant, or management consultant. You could even pursue your MBA to gain more knowledge and expertise in the field of accounting and finance.

Conclusion: BBA degree gives you all of the tools and knowledge needed to succeed with your studies and your career. An online BBA certification and classes from Imarticus provides graduates with more than just theoretical understanding; Imarticus online BBA classes also prepare them for real-life situations they may encounter as they enter the workforce.

Imarticus faculty are experts who have years of experience working in various industries to get hands-on training while still achieving their academic goals. What’s stopping you? Enroll in our BBA online classes today!

Post Graduate Program In Data Analytics Curriculum Designed To Deliver The Best Learning Outcome For Working Professionals

Posted on July 23, 2021April 1, 2024 by Imarticus Learning

Recent times have seen unprecedented growth and popularity of Big Data, making it an indispensable domain of almost every industry. With an overwhelming amount of data available around us, businesses are focusing on using this valuable resource most efficiently.

That being said, a concomitant rise in demand for skilled data analysts has led to the inevitable mushrooming of data science courses in India.

If you are looking for a comprehensive data analytics course or data science course in India, Imarticus can help you take the first step towards your goal. With its extensive, industry-approved, and experiential Post Graduate Program In Data Analytics and Machine Learning, future Data Scientists are sure to gain immense professional benefits.

About the Data Analytics and Machine Learning Course

According to Statista, the global Big Data market is predicted to grow to US$ 103 billion by 2027, a figure more than twice its expected market size in 2018.

The need of the hour for budding and working data science professionals is a robust data science course with placement assurance. That’s where Imarticus comes to the rescue. The PG program in data analytics and machine learning is designed to help future data scientists learn the foundations and real-world applications of the discipline.

Suitable for fresh graduates and working professionals, the data analytics course seeks to nurture the most in-demand employment skills in data science and analytics with assured interview opportunities and guaranteed job interviews.

What’s Unique About the Program?

Here’s what makes the Imarticus PG Program In Data Analytics and Machine Learning stand out from any other data science course in India:

Guaranteed Interview Opportunities

With over 400 placement partners, Imarticus assures guaranteed interview opportunities for candidates who complete the course successfully.

Learn Job Relevant Skills From Industry Experts

Learners are empowered with critical job-relevant skills through multiple in-class industry-oriented projects, case studies, capstone projects, hackathons, training sessions, discussions, and much more.

Extensive Career Support

Imarticus offers an extensive preparation guide to learners through different career services such as preparation workshops, capstone projects, career mentoring, mock interviews, and a lot more.

Flexible Learning Batches

Weekdays are for the fresh graduate program (6 months, full-time), and the program for working professionals (9 months, part-time) is delivered on weekends.

Curriculum Highpoints

The curriculum for early-career professionals or fresh graduates includes:

SQL Programming, Python Programming, Statistics, Machine Learning with Python, R and Data Science, Big Data and Hadoop, Big Data Analytics with Spark, Data Visualization with Tableau, Data Visualization with Power BI, Placement Preparation, and Capstone Project.

Professionals with 0-5 years of experience have advanced curricular elements as follows:

SQL Programming, Python Programming, Statistics, Machine Learning with Python, Neural Network and Deep Learning, Machine Learning on Cloud, AI (NLP and Computer Vision), Data Visualization with Tableau, Placement Preparation, and Capstone Project.

Conclusion

The Big Data revolution has taken the business and IT world by storm and is here to stay. Enroll with Imarticus Learning to make your career in data science and machine learning future-proof by learning from the best in the industry.

With a sea of data science courses available out there, make sure that you choose a data science course with job assurance

Understand the Capital Market in India and its Latest Trends!

Posted on July 23, 2021May 29, 2025 by Imarticus Learning

India is one of the fastest-growing economies. With the Indian capital market being one of the largest in the world, it has led to an Investment banking career becoming one of the most lucrative and competitive professions in India today. Investment bankers are highly sought after for their skills and expertise in assessing investment opportunities and managing investment portfolios.

The role requires an in-depth understanding of the capital markets and how they relate to corporate activities. With this knowledge, investment bankers can help companies raise money on public stock exchanges or sell stocks to investors by buying them back at a higher price later on.

In addition, investment bankers may also advise clients about mergers and acquisitions that could benefit their company’s bottom line.

In this post, we’ll see what the capital market & its latest trends is and how you can start a career as an investment banker.

What is Capital Market?

The Indian capital market is the investment and financing hub for corporate entities, investors, and governments. It includes equity markets, debt markets, money markets, derivative products such as futures contracts on shares of stock (equity), bonds (debt) & currency pairs like Rupee vs. US Dollar, etc.

Latest Trends in Capital Market – What are investment bankers looking for?

The investment banking sector is undergoing a paradigm shift in companies’ investment strategies that are opting to stay private longer and new regulations and transparency imposed by regulators.

– Investment bankers may need different skills than they did before. For example, an investment banker who has been trained on debt financing will be required more now for equity investments because there is a lack of IPO opportunities from emerging markets firms since 2009. Increasingly, investment banks will offer advisory services to help clients raise funds through bonds or stocks offerings rather than traditional advice about which project should get financed with borrowed money.

– Investment banks rarely work alone anymore. They have to form alliances with other investment firms, private equity investors, hedge funds, or sovereign wealth fund managers to provide the different services necessary to handle a complex portfolio of deals. This is especially true for M&A activity where clients want not just advice on the investment but also the help of investment bankers to actually execute the transaction.

– Investment Banking requires a lot more than just finance skills to get ahead. You need strong analytical abilities, too, so that you can provide clients with insights into their industry or sector, which might be different from what they’re used to hearing.

– Investment bankers are looking for candidates who can bring a lot more to the table than just investment banking skills. That’s why Investment banker courses focus not only on technical knowledge but also behavioral and soft skills such as communication, interpersonal relationships, presentation skills, and leadership abilities.

Start a Rewarding Investment Banker Career with Imarticus Learning

Imarticus Learning offers investment banking courses that will provide you the right expertise, knowledge, and skills to start a rewarding investment banker career. Investment banks are always looking for professionals who have an in-depth understanding of the global capital markets.

Therefore, if you want to be an investment banker, then this course is best suited for your need as the investment banker course by Imarticus Learning is designed to provide a thorough understanding of investment banking careers and how one can start their own highly rewarding investment banker career with this coveted degree qualification.

For more details on Investment banking career/courses, contact us through the Live Chat Support system or visit any of our training centers based in – Chennai, Mumbai, Thane, Pune, bangalore, Hyderabad, Delhi and Gurgaon.

Related Articles:

What is The Structure Of The Indian Capital Market
Corona Virus And Impact On Capital Markets
How Can You Get Into Captial Market After Having a Few Years Of Banking Experience

How Does an Investment Bank Work?

Posted on July 22, 2021May 28, 2025 by Imarticus Learning

What is an Investment Bank?

Investment banks are special divisions in the banking sector that specializes in providing advisory-based financial services to help their client with large scale financial transactions. It leverages its large network and financial expertise to raise capital for its clients who are generally large corporations or high net worth individuals. From a broader perspective, investment banks play a major role in effectively channeling funds in the economy by connecting the borrowers and lenders.

The investment banks act as mediators in large-scale complex financial transactions to ensure that their clients get a fair share in the deal and remove any anomalies in the process. Investment banks are popular for providing their financial expertise to companies raising funds from the public through IPOs. In addition to valuing the company and finalising the stock price, the investment banks also act as underwriters in most cases and hedge the risk for companies to some extent.

Functions of an Investment Bank

Let’s understand the functions of an investment bank in the context of the work carried out by it.

Initial Public Offering: Investment banks play a key role in assisting the Initial Public Offerings (IPOs). They help new organisations with good potential to raise funds from the public by offering their shares through IPOs. Investment banks have a major role to play when it comes to deciding the optimum share price by valuing the company based on their revenue and profits. Investment banks have to conduct all the due diligence and research work to find out the financial standing of the business and provide a fair valuation.
Mergers & Acquisitions: Another important role played by investment banks can be highlighted in the mergers and acquisition deals. Mergers and acquisitions are fruitful for companies who want to reduce the competition and profit collectively from improved synergy. Mergers and acquisition can also help companies to venture into new markets and serve new customers. It helps them leverage the network, customer base and expertise of the other companies and benefit from it. The mergers and acquisition process requires a fair valuation of the companies being acquired or those who are acquiring. Investment banks act as a mediator in the merger and acquisition deals to ensure that their client’s interest is being protected.
Advisory services: Another major function of an investment bank includes providing investment guidance to its clients. Investment banks work with big corporations and high net worth individuals and guide them on profitable investment opportunities. Generally, those investments are a little complex in nature and need professional guidance and oversight to reap profits. This includes alternative investments such as private equity, venture capitals, hedge funds, commodities, etc. Investment banks provide various advisory related services to their clients that help them improve their financial decision making.
Market Making: Investment banks functions are generally categorised under two divisions; the advisory related services and the financing related ones. Apart from this, the investment banks also have a sales and trading division that serves the purpose of market-making. Selling and buying stocks on the exchanges also involve investment banks and they act as middlemen in the process. They buy and sell stocks frequently on the secondary exchanges whenever someone is looking to sell or buy stocks. This is why they are also responsible for market making.

The investment banking career is one of the most prestigious ones in the financial services industry and there are many who work hard to be successful investment bankers. Working in investment banking requires a lot of dedication and perseverance, you need to put in extra hours and do the job. Getting into the investment banking industry can be even harder, you can opt for an Investment banking course by reputed institutions like Imarticus Learning to boost your career prospects as it even guarantees job assurance with top-notch companies in addition to providing you with the required knowledge and skills.

Also Read: What are the Best Investment Bank to Work For

Top Investment Banking Trends To Watch In 2021

How an MBA in Banking and Finance can be helpful in the BFSI Sector?

Posted on July 22, 2021September 9, 2021 by Imarticus Learning

The banking and finance sector, also known as the BFSI sector, is one of the largest industries in India. The assets of Indian public sector banks alone are worth $1.5 trillion in FY20.

Moreover, this industry is growing at a rapid pace. The more it will grow, the more career opportunities you will have. In this article, we will cover how completing a financial business management course can help you in building a career in this field.

How an MBA in Banking helps you in the BFSI Sector

Makes you stand out

Having an MBA in banking will benefit you greatly in standing out. Recruiters in the BFSI sector look for skilled candidates that can showcase expertise in the industry’s different subjects. Another criterion is candidates with a strong work ethic and commitment towards their profession. Having an MBA will help you showcase all of these qualities and more. It will also make you eligible for many leadership roles in the industry which you couldn’t apply for without an MBA.

You will easily stand out from candidates that don’t have an MBA or those who have an MBA specialization in another subject. Hence, you will be at a great advantage with this qualification.

Easier project management

An MBA program will teach you about the fundamental and advanced concepts of business. Its specialization in banking will help you learn about the essential subjects of the banking and finance sector, including financial accounting, analytics, fintech, and others. Possessing these skills will make it much easier for you to handle projects and measure their growth. Project management is a highly in-demand skill, and an MBA in banking will allow you to specialize in the same.

Develops leadership skills

A big reason why employers prefer candidates with an MBA to fill senior roles in their organization is that they have better leadership skills. Developing soft skills is a prominent section of an MBA program. Moreover, senior roles require professionals to have a strong grasp of different leadership skills. Some vital leadership qualities you develop during an MBA program are:

Problem-solving
Critical thinking
Communication
Teamwork

Not only will these skills make your job significantly easier but they will also allow you to grow your organization better and hence, advance your career more easily. Strong leadership qualities will help you direct your organization’s resources more effectively and pave the way for a brighter career, particularly in the lucrative BFSI sector.

Get an MBA certificate online

Completing a financial business management course can aid you significantly in accelerating your career in the BFSI sector. It helps you develop vital soft skills and become an industry leader.

In the current day and age, when there is a contagious virus spreading everywhere, the safest way to learn crucial skills like financial accounting and business management is by getting an MBA certificate online. An online course will allow you to learn from the safety of your home without going anywhere. You will be able to study safely and according to your schedule. It would also help you learn without interrupting your professional life, unlike a conventional MBA program.

Conclusion

There are many advantages to getting an MBA in finance and banking, especially when you want to pursue a career in the BFSI industry. It helps you get high-paying jobs, accelerate your career growth and become a sought-after professional. If you are interested in finding out more about an MBA with a specialization in banking, then you should go here.

Imarticus Learning Launches Weekend Batches of Post-Graduate Program in Data Analytics for Working Professionals

Posted on July 22, 2021October 12, 2022 by Imarticus Learning

There have been a lot of ups and downs in the corporate world throughout recent years.

However, the position of data analyst or data scientist has stayed secure throughout these tumultuous times. This is one of the major reasons why there have been lots of students opting for a data science course in India. It can help you to work with a lot of renowned brands, or even help you to build your startup from scratch by letting you assess the risk-taking capacity of your company.

This is one course that can help you to pursue your dream career, and Imarticus learning is here to save your day with a data analytics course with placement offers as their new PG program for working professionals with weekend batches.

What is a Data Analytics course?

Data Analysis comprises different technicalities and tools to extract and analyze data in a way that helps you to determine how a company works and how you can make it work better towards its goal in the future. A proper data analytics course would give you the knowledge of descriptive and advanced analysis by means of machine learning in a way that would enable you to process data through natural language processing, neural networks, sentiment analysis, and other advanced tools.

This way you will be able to find anomalies and changes in the market trends, answer questions and make predictions that would help the company to determine the profits and losses from an investment and interpret what kinds of investments they should make in the future.

Benefits of Data Science courses in your career

Whatever turmoil the corporate industry faces from different market trends, this is one job that never goes out of trend. This is why it is labeled as the hottest job of this century. In the financial year 2021, the data analytics market grew by $45.4 billion, which is around 26.5% more than last year.

This field is estimated to contribute 41.5% to the IT sector by 2026. Not only yours, this job literally can also make or break a company’s reputation. So here are a few ways how data science courses can benefit your career.

It is one of the sectors with an overabundance of positions with predictions of having an even bigger impact in the corporate sector in the future, so you will never have to worry about going out of jobs.
The payscale matches your work output, so you will never have to complain about getting the short end of the stick.
Being one of the most versatile fields, this course can help you to work in almost any kind of industry from healthcare to e-commerce services. So, literally a dream job.

Conclusion

The future of the data science industry is standing on firm ground and blooming with opportunities. This is why the number of students wanting to learn data science courses in India as well as globally has increased by leaps and bounds.

Whether you are a student or a working professional wanting to polish your skills, as always, Imarticus learning has come forth with this golden chance of weekend batches for PG program in data science course with placement from big companies to kickstart your career.

What Makes a Great Scrum Master?

Posted on July 22, 2021October 12, 2022 by Imarticus Learning

Scrum Masters are the leaders of modern workplaces. As more and more companies adopt the Agile methodology, Scrum Masters gain importance. They help companies adopt the Scrum values and build a working environment for everyone. Below are some of the must-have qualities a good Scrum Master should have:

An Excellent Scrum Master…

Involves the team in the decision-making processes

A great Scrum Master recognizes the importance of collective decision-making. He/she knows that every team member is unique and brings something to the table. Hence, he/she involves his/her team in his/her decision-making processes.

It allows him/her to see an issue from different viewpoints and consider different opinions and solutions. Involving the team in the decision-making process helps the Scrum Master make better-informed decisions and reduce the chances of error.

Resolves team conflicts

A Scrum Master must have strong interpersonal skills. He/she should know how to gauge situations and react accordingly. Scrum Masters are responsible for their team and if a conflict arises, they must use their management and interpersonal skills to resolve the same.

A Scrum Master must understand the reason behind the conflict, analyze it, and resolve it amicably. Such expertise helps him/her manage his/her team effectively and keep it on track.

Is courageous

A skilled Scrum Master knows the importance of difficult decisions. Some changes are necessary no matter how risky they seem. So, a Scrum Master knows how to analyze situations and make courageous decisions. He/she makes disruptive changes that drive growth without causing irreparable damage.

Is expandable and necessary

A Scrum Master with a strong grasp over Agile principles knows that he/she must be expendable. He/she shouldn’t be required in every process and the team should be able to function without him/her. However, his/her expertise and experience make him/her indispensable. Without the Scrum Master, the team would not be able to come together and function effectively. His/her guidance and knowledge are vital to helping the team achieve its goals.

Believes in self-organization

A skilled Scrum Master knows the power of teams that can organize themselves. They believe in making their team independent. An independent team can handle its issues and takes ownership of its work. It would not rely on the management to perform most of its tasks and make decisions on different topics by itself.

An independent team’s members take responsibility for their actions and understand that their work should come together to achieve a common goal.

How to become a Scrum Master?

To become a skilled Scrum Master, you will need to have a keen understanding of the Agile methodology and its various principles. You must also know how to apply it in the workplace and lead your team effectively.

The best way to learn these skills and concepts is by getting a business analyst certification. Earning a business analyst certification will help you learn about the various skills required to become a Scrum Master. It will also help you become a sought-after candidate among recruiters as they are constantly on the lookout for certified professionals.

If you want to start your career quickly, then it would be best to join a business analyst course with placement. A business analyst course with placement will make it easier for you to get a job after completing your business analytics training.

Certainly, a career as a Scrum Master can be highly lucrative. These professionals lead teams in Agile processes. And, as the Agile methodology becomes more popular, the demand for skilled Scrum Masters will increase accordingly. If you want to get Agile business analytics training, then you can check out this course: Post Graduate Program for Agile Business Analyst

Confused? Check Out These 10 Key Concepts to Understand in Investment Banking Operations

Posted on July 22, 2021November 29, 2023 by Imarticus Learning

Do you want to start learning about investment banking but don’t know where to start? Don’t worry, we have got you covered. The following list covers the top 10 most important concepts in this field. It would help you get familiar with the jargon used by investment bankers and start learning easily.

After all, investment banking is a great area with many possibilities of growing professionally. However, some concepts might be hard to crack. Let’s begin understanding these simple but essential concepts:

Top 10 Investment Banking Concepts

· Stock

A stock represents ownership of a share in a company. When you buy a company’s stock, you buy a small fraction of that organization which is called a share.

· Equity

Equity refers to the value of an asset after deducting all the liabilities on the same. Owning a stock entitles the owner to a proportion of the company’s profits and assets equal to the amount of stock he/she possesses, hence it is also called equity.

· Financial Instrument

A financial instrument is a virtual or real document that represents a legal agreement of some monetary value. It can be debt-based or equity-based. There are many subcategories of each kind of financial instrument as well.

· Derivative

A derivative is financial security whose value relies upon an underlying asset (or a selection of assets). The underlying asset (or assets) is called a benchmark. Popular examples of financial derivatives are interest rate swaps, options, and forward contracts.

· Asset

An asset is a resource that has an economic value that an individual, organization, or country owns. The owner of an asset controls it with the expectation of receiving a future benefit through appreciation in its value. An asset can benefit the owner in multiple ways depending on its nature.

· Liability

A liability is something a company or a person owes to another party. Examples of liability are accounts payable, loans, bonds, accrued expenses, deferred revenues, and mortgages.

· Debt Finance

When a company borrows funds from institutional investors or individuals to handle expenditures or working capital and promises to pay interest and principal for a set duration, it is called debt financing. In other words, when a company finances its operations by taking on debt, we call it debt finance.

· Boutique Banks

Boutique banks are investment banks that specialize in a minimum of one aspect of this field. Some prominent boutique banks are Allen & Co. and Charles Schwab.

· Bond

A bond is a financial instrument that represents a loan taken out by an organization. Bonds allow companies to raise capital by borrowing funds from investors rather than banks.

· Security

Security refers to a negotiable and fungible financial instrument that has some value. Security could be a stock, option, or bond.

How to Start an Investment Banking Career?

Starting an Investment banking career is easy if you have the right resources. Recruiters in this industry look for certified professionals who are adept at various economic, business, accounting, and financial concepts. Investment bankers must also know how to evaluate corporations to forecast their future performance and make decisions accordingly.

The best way to start your career in this field is to find the right courses for investment banking and join one of them. You should choose one that lets you learn online and test your skills through projects and assignments while teaching you all the required concepts.

By and large, investment banking is a broad subject with many concepts and skills. We recommend checking out the CIBOP program, which is among the most popular courses for investment banking in India. It will help you learn all the concepts we discussed in this article along with additional subjects and technologies.

Top Investment Banking Trends To Watch In 2021
Does Corporate Finance Excite You, Here Are Some Investment Banking Courses Which Will Help You Achieve Your Goals
How Good Is Investment Banking As a Career

Fashion Trends Using Data Analytics

Posted on July 22, 2021March 22, 2024 by Imarticus Learning

The fashion industry is one of the biggest sectors globally. In India alone, the textile industry was estimated to be worth around $100 billion in 2019. It attracted Foreign Direct Investment worth $3.68 billion between April 2020 and December 2020.

Like any industry, companies in the fashion sector use technology to advance further and enhance their performance. That’s why the demand for data analytics professionals is rising steadily in this field.

The following article will throw light on what do data scientists do in the fashion sector and how they are helping this industry grow.

How Data Analytics Helps the Fashion Industry

Understanding the customers

Data analytics helps fashion companies in getting better insight into their customers. They can collect data from reliable sources, optimize it and analyze it to find unique patterns in their purchase behavior and modify their marketing strategies accordingly.

Data scientists handle the gathering of the data because the source can influence the quality of data significantly. When a brand has a better understanding of what its customers want, it can create products accordingly and get ahead of its peers.

Analyzing the competitors

Competitive analysis is a major aspect of any industry. Knowing what your competition is doing and the reasons why it’s making progress can help you chart out a better future plan.

Data scientists are capable of finding patterns and factors that affect certain outcomes. They assist fashion brands in analyzing the industry and thus, help them beat their competition.

Optimizing the sales process

The sales process should be smooth and hassle-free for every customer. It shouldn’t be difficult for a client to find the product he/she wants. However, in many cases, the customer doesn’t know what he/she wants. This is where data scientists come in.

They create recommender systems that analyze a customer’s past interactions with the brand, the available data on him/her, and predict his/her most preferred choices. Recommender systems also predict user behavior based on what other users with similar interests like. By using recommender systems, fashion companies can easily sell more products and retain more clients.

Predicting future performance

Forecasting how the current industry trends will behave can help a company greatly. Data Analytics and Machine Learning Training allow fashion companies to perform predictive analysis. It assists them in making better-informed decisions about their current and future products.

For example, it can help them decide the right time to launch new offers. Similarly, it can help them determine how their existing campaigns will perform so they can rectify any errors.

Starting a career in data analytics

Now that you know what do data scientists do in the fashion industry, you might be interested in pursuing a career in this field. Becoming a data analytics professional is quite simple if you have the right knowledge. Data scientists are experts in machine learning, artificial intelligence, mathematics, and statistics. Hence, you must learn these subjects and get familiar with the relevant tools used in this field.

The most effective way to do so is by joining data analytics courses in India. Joining data analytics courses online will help you in learning the necessary concepts and get certified as a data science professional.

Conclusion

Data analytics has become an integral part of many industries, and fashion is one of them. You should start looking for data analytics courses in India if you want to make use of this opportunity. It would be best to join data analytics courses online because it would ensure you can study safely and from the comfort of your home.