What are the Qualifications Required to Become Investment Bankers?

A hot-shot career, a high-profile job with an equally attractive pay-check, investment banking happens to be among the most sought-after careers for college and MBA students in finance and business, alike. The job of an investment banker, as glamourous as it may sound, entails great responsibilities and challenges combined with abundant learning, along with the promises of a fancy Swiss vacation it brings with itself! However, before you set foot in that door, do you have what it takes to be hired by topnotch investment banking firms?

Investment bankers come from a wide range of backgrounds but your strength must lie in mathematics; a bachelor’s degree in accounting, finance as well as physics or computer science also helps. However, simply holding a degree alone cannot do much wonders to your career in investment banking. Here are some of the qualifications that will help you take a step in the direction of pursuing investment banking as a career:

● A degree in finance preferably from any of the top-tier B schools- Big names like IIM- A/B/C or ISB have a good impact on the recruiter. In fact, global companies visit these campuses to recruit young professionals directly for internships or even at entry-level trainee investment banker jobs.
● CFA qualification- A Chartered Financial Analyst is a highly esteemed investment banking course and has a global accreditation in around 150 countries around the world. It helps in portfolio management as well as equity research.
● Knowledge in financial modelling- It is advisable to pair your post graduate or PG-diploma programme with financial modelling. Not only does it give you an additional edge as compared to other students or young professionals but also, amps up your overall knowledge in the field of business from an investment banker’s perspective. Additionally, knowing how to chart financial models on spreadsheets in definitely going to have a positive impact on the recruiter.
● An investment banking internship- A hands-on experience will definitely stand out on your resume while you are looking for opportunities to start your investment banking career. By taking on multiple, or at least one internship while in college, you not only gain exposure to the multi-faceted industry but also be able to decide which aspect of investment banking actually draws you the most.
● Developed knowledge on the segmented financial industry- As you move up the ladder, from an educational background to the onset of your career, a clear understanding of how the financial industry works will benefit you in multiple ways. Read up on emerging trends in the finance sector, research on highs and lows of the industry and keep-up-to-date by reading more trade journals that are likely to keep you informed about past and present market patterns.
● Have a solid resume or cover letter- Use the right phrases and sentences to present your accomplishments and goals in the right manner to the recruiter. Your resume and/or cover letter should be aesthetically pleasing as well, highlight the most important areas of your qualifications or experience.
● Relevant case experience- This is probably something that no investment banking course will teach you. Case experience means having worked on an assignment that would be relevant or in along the same lines of your banking job. The recruiter may actually test your practical knowledge to see if you are a fit candidate for the job or not.
● Participation in extracurricular activities- A campus club membership, some experience in a leadership position in college or anything that adds value to your personal portfolio often adds value to the job you are applying for, as well as adds to your recruiter’s interest. This may also include taking up online courses, running student organisations or even reading for pleasure.
Last but not the least, getting recruited by investment bankers also depends on your networking skills ad that final round of interview. Be confident, use the correct jargon to questions asked, and do not shy away from admitting what you do not know yet. Let’s face it, a little ignorance but a lot of honesty and integrity might actually land you that dream job in your dream investment banking firm. With the aforementioned qualifications and these tips, you are sure to find an opportunity thats been waiting for you, right around the corner.

Also Read: Career & Scope in Investment Banking

What is the best way to learn Artificial Intelligence for a beginner?

What is the best way to learn Artificial Intelligence for a beginner?

Over the past few years, the field of Artificial intelligence has displayed tremendous amounts of growth. AI is now driving businesses of billions of dollars across various industries and enabling enormous career opportunities.

If you have plans to learn artificial intelligence, it is the perfect time to start acting on it. This article discusses the best way to master AI for beginners.

1. Begin with the Basics

The first thing you have to do is unlearn everything about the AI. Clear all the preconceived notions and make your mind open and fresh for learning. Now you can actually start learning.

Start with the basics. Learn about the various technologies involved and their objectives. It will help you get oriented at the beginner level. You can refer books or blogs to get through this step.

2. The podcasts and Videos
The next step is listening to podcasts and videos. It will give you more comprehension about the industry, application of different technologies, the effect of them in our real life, various techniques in them and many more.

Often these videos and podcasts come with jargons and concepts involved. So, it is important to have a fair amount of familiarity with the basics.

3. Guided Courses
A dedicated artificial intelligence course is one of the most important practical ways of mastering AI. A guided course will take you fully into the world of Artificial Intelligence. You will get global exposure to the skills required. Usually, such a course will brush up on the basics you have already taken care of and then help you develop the right technical skills required to work with AI.

If you are planning to join the industry, such a course is inevitable. A guided course will also put you in touch with experts of this technology and excellent study materials. So, it is important to attend a guided course for a complete learning experience. Along with that, you will get a certification proving your excellence in AI at the end of these courses. It will help you during the search for a job.

4. Projects
The best way to learn anything is to practice it properly. So, it is essential to indulge in lots of projects and gain practical exposure. You will be doing capstone projects during your course. From those projects to the projects you are personally interested in, you have to constantly work and build your portfolio. By doing this you will be able to master this skill in a very short time.

For a beginner with very low prior experience with AI, these are the little steps that make sense. Also, through this, you will be able to find some time to process the transition between each step and prepare for the next one. Within just a year, this road map will equip you with AI capabilities that are good enough to be a part of the industry. So, start your process as soon as possible and take part in the AI revolution going all around the world.

Functions in Java Programming!

Regardless of whether you an expert software engineer or simply an amateur it is in every case better to break your program into squares, or capacities. It will help you later, above all else in investigating, furthermore, it is simply better to have an exquisite, meaningful and coordinated code.

A capacity is a piece of a program that has its own name. This name can be utilized in the program as an order (this order is known as a capacity call). At the point when a capacity is called, the orders of which it comprises are executed. A capacity call can return a worth (like an activity) and accordingly can be utilized in an articulation alongside tasks.

Capacities are utilized in programming to diminish its intricacy:

Rather than composing a nonstop succession of orders in which you before long stop to situate yourself, the program is isolated into subroutines, every one of which tackles a little finished issue, and afterward an enormous program is made out of these subroutines (this strategy is called disintegration).

The aggregate sum of code diminishes in light of the fact that, when in doubt, one capacity is utilized in the program a few times.

Composed once and extensively tried capacity, can be remembered for the library of capacities and utilized in different projects (it doesn’t have to recollect how this capacity was customized, it is sufficient to know what it does).

There are numerous valuable libraries of capacities that can be utilized by all software engineers, and a few libraries come packaged with a programming language (for instance, each and every individual who modified in Pascal utilized the library work writeln () to show on the screen, and in Java for these reasons the System.out.println () strategy is accessible, which is remembered for one of the standard libraries).

In object-arranged programing, for example, Java a capacity term is frequently applied to the strategy, which is bound to the class and characterizes its conduct. All in all, a capacity is a piece of code which plays out the activity and at times returns a worth.

A technique is a capacity that is important for a class that can perform procedure on information of this class. In the Java language, the whole program comprises just of classes and capacities can be portrayed uniquely inside them. That is the reason all capacities in the Java language are strategies. Int the accompanying sections we will call elements of Java as techniques.

Capacity/strategy sentence structure:

We need to discover max(the greatest) number between two int and return the worth of the greatest int. So we can compose a capacity to improve on our work for that:

1.public static int minFunction(int n1, int n2) {

functionBody

}

2.public static int minFunction(int n1, int n2) {

int max;

in the event that (n2 > n1)

max = n2;

else

max = n1;

bring max back;

}

Compartments of capacities:

public static − modifier, it characterizes the entrance sort of the technique and it is discretionary to utilize.

int − return type, work/technique may return esteem as was referenced previously, for instance, int

minFunction − name of the capacity, The technique/work signature comprises of the capacity/strategy name and the boundary list

n1, n2 − formal boundaries, the sort, request, and various boundaries of a strategy/work. These are discretionary, technique/capacity may contain zero boundaries.

int n1, int n2 − rundown of boundaries

functionBody-The strategy/work body characterizes what the technique/work does with the assertions.

Technique definition comprises of a strategy header and a technique body. In Java, all capacity definitions should be inside classes.

Composing and Defining capacity:

Characterize compose it, including programming directions and putting the guidelines. Contention type and name ought to be written in a first line of the capacity.

public twofold calculateAnswer(double wingSpan, int numberOfEngines,

twofold length, twofold grossTons) {

/do the estimation here

}

Albeit a technique name can be any legitimate identifier, code shows limit strategy names. By show, strategy names ought to be an action word in lowercase or a multi-word name that starts with an action word in lowercase, trailed by modifiers, things, and so on In multi-word names, the primary letter of every one of the second and following words ought to be promoted. Here are a few models:

run

runFast

getBackground

getFinalData

compareTo

setX

isEmpty

Normally, a technique includes an interesting name inside its group. Notwithstanding, a strategy may have similar name as different strategies because of technique over-burdening.

Calling capacity:

Calling capacity from another capacity

To call a strategy/work from another technique for a similar class, you should indicate its name, and afterward in sections the rundown of real boundaries (if the strategy doesn’t need boundaries, sections are as yet set). The technique call is utilized as an activity, which can be joined with different tasks (for this situation, the whole) in the articulation. When summoned (called), every one of the explanations that are a piece of the technique would be executed.

public class Student {

private String name;

public String getName() {

bring name back;

}

public void setName(String name) {

this.name = name;

}

}

Calling capacity from another class

To call a strategy for another class, you should have an object of this class *. The strategy name is shown by a period after the item name. For instance, the class (string) has a length () strategy that profits the length of the string. This strategy must be gotten to through an object of the String class (which is very coherent, the technique has required the string whose length we need to know).

Understudy s = new Student(); s.setName(“Your_Name”); String name = s.getName();

#ImarticusBlogLikeAPro – Write about your favourite Tech topic and take home rewards worth INR 10,000

Love Data Science, Machine Learning, or Data Engineering? Here is your chance to express your thoughts on the field of technology of your choice. While professionals can discuss the various tools, techniques, and best practices involved with their daily work, business leaders can speak of industry experience. Candidates are free to write about the current state of the discipline as well as the future potential of the field.

One can even choose to write about the effects of certain technology and the incredible benefits society and businesses enjoy due to these fields.

data science and analytics blogging contestThe Imarticus Blogger of the Year encourages budding bloggers or younger candidates to participate and write about the topic of their choice as well. You can participate in this Data Analytics and Data Science blogging contest by applying here.

What is Imarticus Blogger of the Year?

The main focus behind this contest is for providing enthusiasts with the opportunity to express what they wish to share about the field of their interest. Blogs can also speak about research, new technology, and interesting case studies of all the relevant fields.

Fundamentally, Imarticus has come up with this contest to provide some exposure to bloggers and professionals who are involved with Data Science and other disciplines that work with data. Candidates are also authorized to discuss core concepts such as Deep Learning or talk about diverse fields such as Data Analytics.

The Submission and Selection Process

The submission process followed by the selection process for this Data Science blogging contest can be divided into 6 simple stages. Let’s understand what exactly you must do in order to successfully submit your blog and how exactly the winners of the contest are decided.

Stage 1: First, participants are required to register themselves and opt-in for the contest. Then, you must write a high-quality blog related to the authorized topics or fields and then send the piece over to blog@imarticus.com before the 31st of August. Submissions close on the 31st of August, 2021 at 11:59 PM IST.

Stage 2: During this stage, the editorial panel will be evaluating the blog based on its creativity, originality, and depth of the subject matter.

Stage 3: Here, every blog that has met the minimum requirements and passed Imarticus’s quality standards shall be uploaded on the platform (blog.imarticus.org) by the 11th of September this year. The writers will be credited for their blogs and the links for their respective blogs will be shared with them by Imarticus.

Stage 4: In this stage, writers are recommended to share their blogs on their personal social media accounts with the mandatory hashtags. Writers are also advised to share their pieces with friends and family in order to gain more traction.

Stage 5: At this point, all the blogs will be evaluated on the basis of audience engagement and the score provided by the editorial panel. 25 of the best blogs shall be shortlisted to be promoted by Imarticus on all social media platforms till the 30th of October, 2021.

Stage 6: This is the final stage where the blog with the highest amount of cumulative shall be selected as the winner of the contest.

Conclusion

The winner is crowned the Imarticus Blogger of the Year and handed down a gift voucher of 10,000 rupees. Imarticus Learning is also offering gift vouchers of up to 7500 rupees for the other top 10 bloggers. Not just that, participants who rank within the top 20 get the opportunity to be featured in Imarticus’s hall of fame. So, why wait? Register yourself and start blogging from today.

Business Process Analyst-Career Road Map

The business analytics industry is booming. The business intelligence sector has grown by $2.5 billion since 2012, and it’s not stopping anytime soon. Thus, business process analysts are becoming increasingly important to businesses. They help companies improve their business processes by evaluating workflow, identifying business rules that can be optimized, improving data quality, and much more.

If you are interested in business analytics, business process analysis, or business intelligence and want to work with cutting-edge technologies, then this blog post is for you. This blog post will give insights on how to build a successful career as a business process analyst by sharing some tips from professionals who have done it before.

What Does a Business Analyst Do?

A business analyst is responsible for designing business processes that will maximize performance, minimizing risk and costs. This role can be challenging as it often requires a substantial background in functional areas such as finance, marketing, IT, or operations management. Business analysts are typically required to have an understanding of the business domain they are working with (e.g., healthcare), which includes knowledge about how changes could affect the organization’s objectives and goals.

Skills required for a Business Analyst’s Job Position

The skills required for this type of work include business process analysis, business problem-solving skills, and data management. Business analysts must develop a high-level understanding of business functions and how they interact with each other to understand the underlying causes of problems. They may also need some additional training depending on their area of work, such as accounting or computer programming.

Successful business analysts are self-motivated and possess analytical thinking abilities that can analyze situations from many perspectives rather than being limited by one perspective. These individuals have an ability to solve complex issues, which is essential when dealing with various departments across organizations interacting at different levels within themselves.

The role requires strong interpersonal skills, business knowledge, and the ability to communicate clearly. Business analysts must also have a high level of commitment to their work as they create change in an organization by creating new processes based on data that was collected.

Factors to keep in mind while looking for a Business Analyst Course

– The business analyst course curriculum should focus on the latest business intelligence and analytics technologies.

– Understanding business continuity planning, risk management, and organizational governance are some other important aspects of business analysis.

Understanding data mining techniques is also indispensable for any business analyst to stay relevant in today’s fast-changing IT landscape.

– Specializations in business process design, business intelligence, and data warehousing are some of the areas where a business analyst can specialize.

Become a Business Process Analyst with Imarticus Learning Institute

Imarticus Learning offers an MBA with a specialization in Business Analytics and Data Science. With this degree, you can explore the world of data science through courses on artificial intelligence, machine learning, deep learning, and big data processing.

Alongside your studies at Imarticus Learning, you will also gain exposure to other industries that will help you gain practical experience as well as more insight into what they want their future career path to be.

For more insight, contact us through the Live Chat Support system or visit any of our training centers in Mumbai, Thane, Pune, Bengaluru, Chennai, Hyderabad, Delhi, Gurgaon, and Ahmedabad.

Financial Analysis Data Tips for Beginners

Financial analytics involves the process of evaluating a company’s financial data to assess its performance and recommend improved ways of moving forward. Today’s business environment is more competitive than ever. While finance forms a critical part of every business, companies need more than basic financial statements and reports.

They need progressive, predictive, and actionable insights that can help mould future business strategies and improve routine decision-making processes.

best financial analyst coursesThe sheer ability of financial analytics to address critical business problems has led to an acute demand for skilled Financial Analysts and courses for Financial Analysts.

So, here’s a beginners’ guide on financial analysis and where you can find the best Financial Analyst course.

Types of Financial Analysis

Out of the several financial analysis types, we’ll briefly talk about the three most important ones:

Horizontal Analysis

Horizontal analysis helps an analyst identify important trends and determine whether the company is growing or facing decline. It is done by taking financial data of a specific period and comparing them to calculate the growth rate.

Vertical Analysis

In this type of financial analysis, various components of the company’s income statement are divided by the revenue and expressed as a percentage. The results are then compared against those of other companies within the industry to evaluate performance.

Financial Ratios

Financial ratio analysis helps to track and make comparative judgments about the company’s performance. This quantitative analysis assesses a company’s leverage, liquidity, growth, profitability, margins, valuation, rates of return, and more.

Financial Statement Analysis

Every company creates and monitors the following three main financial statements:

Income Statement/Profit and Loss Statement

The income statement reveals a company’s revenue and breaks it down against the business expenses. In other words, it shows the company’s net profit or loss after incurring costs.

Balance Sheet

The balance sheet reports a company’s assets, liabilities, and shareholder’s equity at a particular point in time. It is the basis for calculating the rates of return and evaluating the company’s capital structure.

Cash Flow Statement

The cash flow statement summarizes a company’s cash flow from investing activities, operating activities, and financing activities. It shows a company’s ability to function in the short and long term based on the amount of cash flow into and out of the business.

Techniques of Financial Analysis

An organization’s financial performance can be assessed using a variety of analysis techniques. Here we’ll cover four common financial analysis techniques:

Comparative Financial Statements

This technique involving the income statement and balance sheet compares two financial statements from different periods in time.

Trend Analysis

In this analysis technique, metrics of one period are compared with another to reveal the financial health status of the company.

Statement of Changes in Working Capital

The total current liabilities are deducted from the total current assets to calculate the net working capital in this technique.

Common Size Statements

This vertical analysis technique helps in the comparison of two similar statements between companies or different periods.

Financial Analysis Best Practices

  • Identify critical business problems and work out how financial analytics can help.
  • Start with a small pilot program requiring minimum effort and investment.
  • Organize, structure, and manage data sources.
  • Continuously monitor and improve data and tools for increased impact and relevance.

Financial Analysis Prodegree Course

There are a lot of financial analysis courses available online. One of the more popular courses is the Financial Analysis Prodegree, in collaboration with KPMG. It is a 180-hour skill-building Financial Analyst Course covering financial modeling, accounting, valuation, corporate strategy, and equity research. One of the most rigorous project-based courses for Financial Analysts, it prepares individuals for careers across sectors like corporate finance, investment banking, and private equity.