Career Paths for Cryptocurrency Enthusiasts

Cryptocurrency investments have increased over the past few years. Nowadays, people want to learn about cryptocurrency and invest even more. Cryptocurrency is based on machine learning and algorithms that software developers maintain and develop. There are multiple entrepreneurship and career opportunities revolving around this ever-growing industry.

What is the Best Career Path for Cryptocurrency Enthusiasts?

Cryptocurrency enthusiasts can opt for various careers and even change streams. After completing a cryptocurrency course, aspirants can find jobs in the following fields.

  1. Financial Analysis

Financial analysts analyze current and historical data based on cryptocurrencies. The insights generated from these analyses help people understand where they should invest. Financial analysts also provide investment strategies to clients. They also evaluate risks and assess the economical, social and political climate to find out the correct value of cryptocurrencies. To become a financial analyst, candidates need to have a professional certification in FinTech or an MBA with specialization in FinTech or new-age finance.

  1. Security Engineering

Cryptocurrency companies need to protect all assets from third-party attacks. Therefore, they spend significant resources on ensuring the use of the best security measures available. Security engineers can develop the necessary systems that will protect the company’s as well as the clients’ data and all digital assets. Candidates who have a degree in computer science are usually eligible and some companies might ask for certain specializations.

  1. Crypto Content Creation/Writing

Potential investors need to understand what cryptocurrency is and how beneficial it can be. Only then will they invest in it. Crypto content creators or writers provide detailed information related to cryptocurrency platforms, trends, use, Blockchain technology.

To become a crypto content creator or writer, candidates need to have a complete understanding of what cryptocurrency is. They should know their topics well and create unique content. The delivery of the content should be apt as well. The target audience needs to stay interested in the content. The content is responsible for investors finding the idea of investing in cryptocurrency more lucrative.

  1. Software Development

For cryptocurrency to stay relevant, software developers are essential. Software developers develop algorithms and use machine learning to create interactive interfaces. They also improve the security aspects of cryptocurrency platforms. In developing easily accessible platforms and interfaces, cryptocurrency companies are able to connect better with their potential clients and find more investors. To become a software developer and work with cryptocurrencies, aspirants need to have a master’s degree in a related field. They should also have adequate knowledge about natural language processing and data structures.

  1. Business Development

Even though cryptocurrency has seen growth in recent times, companies that deal with cryptocurrency and Blockchain still need to be developed. These companies require business developers who understand the condition and value of cryptocurrencies across industries. They should also be able to create channels for cryptocurrency use in sectors like healthcare, tourism, and retail, among others. Business developers working with cryptocurrency companies assess the market conditions and set up partnerships that are beneficial in the long run.

How Can a FinTech Course Help Cryptocurrency Enthusiasts?

The advancement of cryptocurrency is centered around the financial sector and how it is perceived by investors. Therefore a FinTech course can definitely help. Imarticus Learning has FinTech courses where students can learn the use of current technologies like Cloud Computing and Blockchain.

Professional certification in FinTech from Imarticus Learning can help a student understand the industry and learn how cryptocurrency is relevant to the implementation of FinTech.

best Fintech certification courses in IndiaThe program is in partnership with industry giants and this allows students to create essential contacts. Students will also get FinTech community access and work on 6 real-world projects. They can base these projects on cryptocurrency and develop a holistic approach towards the subject.

Nowadays, FinTech has a huge scope and since people are responding well to cryptocurrency, it is also a great career opportunity. Students who have an interest in finance and are enthusiastic about crypto can choose Imarticus Learning’s course to further their careers.

Learn to Assess Risks and Opportunities in Supply Chain Management and Analytics with This Coveted Certification

Every business wants to meet the supplies as per the demand of the end-users. For doing so, a business has to ensure effective SCM (Supply Chain Management). Supply chain management can help a business in knowing about the flow of raw materials and finished goods. In this digital era, businesses need individuals who are familiar with supply chain analytics.

Supply chain analytics can uncover areas of improvement and reduce overhead costs of an organization. Read on to know more about SCM and how to learn it.

 Why is SCM necessary for a business?

Businesses are now realizing the benefit of effective supply chain management. The demand for SCM experts has increased over the years. The pros of SCM in the current scenario are as follows:

  • You can protect your business from market disruptions and production shortages via effective supply chain management.
  • SCM improves your inventory system and reduces errors in day-to-day operations. You can optimize the space for finished goods with SCM.
  • A business can optimize the display of products on sale outlets with SCM. You can decide which product should be highlighted at your physical store with supply chain analytics.
  • You can increase the customer walk-in ratio with better supply chain management. You will have better relationships with suppliers and vendors due to SCM.
  • When fewer errors occur in your day-to-day operations with SCM, you can increase the overall productivity of your business.
  • You can accumulate raw materials and finished goods according to the demand of customers. Oversupply and undersupply issues can be avoided with better SCM.
  • You can uncover all types of overhead costs with SCM. Unwanted overhead costs can be managed when you know about your operational expenses with SCM.

What are the risks in supply chain management?

 Some of the risks associated with supply chain management that should be avoided are as follows:

  • Sometimes, businesses miscalculate the demands of the customer for a product or service. Demand risks can result in oversupply or undersupply.
  • SCM is concerned with managing environmental risks that can delay the delivery of products or raw materials. Political, governmental, and social issues often lead to delay in supply chain processes.
  • Contingency risks are also associated with supply chain processes. Your business should have a backup plan for any supply chain disruptions.
  • Manufacturing risks are also to be addressed by SCM experts in an organization. A small manufacturing error can affect the complete supply chain system.

How to learn supply chain analytics?

More and more businesses are understanding the importance of SCM in cutting losses. There will be a lot of opportunities in the SCM industry in the coming years. You can complete a supply chain management course to futureproof your career.

supply chain management coursesEnthusiasts can go for the Professional Certification in Supply Chain Management & Analytics provided by Imarticus Learning. The pros of the supply chain management online course offered by Imarticus are as follows:

  • Imarticus provides this course in association with IIT Roorkee which, is a leading university in India.
  • You will learn quickly via numerous real-world SCM projects under this course.
  • You will be applicable for a 3-day campus immersion program where you get to interact with peers and faculty of IIT Roorkee.
  • The IIT supply chain management course covers numerous aspects like sales planning, operations planning, supply chain performance, and distribution network.

Conclusion

The recent COVID pandemic has highlighted the need for SCM experts. With supply chain analytics, businesses can avoid market disruptions and economic disturbances. The industry-oriented online course of Imarticus can help in learning SCM industry practices. Start your IIT supply chain management course now!

How Do Business Analytics & Data Analytics Differ? What Are Their Applications?

Both business and data analytics is about processing data and gaining insights from data.

The terms business analytics and data analytics might be used interchangeably in organizations on a small scale. On the other hand, big firms hire both business analysts and data analysts to perform well-defined functions, thus making it very necessary to understand the difference between the two.

With Imarticus’s, you can choose between the best data analytics courses and business analytics courses in India. Read on to have a deep insight into the two important career paths and their respective applications.

best data analytics courses in IndiaBusiness Analytics

Business analytics course focuses on business impact when analyzing data and the actions that should result from the insights. For example, it provides answers to the following questions, “Should a company develop a new product line?” Or, “Should it prioritize one particular project over another?”

Business analytics combines various capabilities, tools, and applications to measure and improve the effectiveness of core business functions such as marketing, customer service, sales, or IT.

Business analysis (also Business Analytics) is the iterative exploration of a company’s data. There is a statistical analysis method used to bring information to light that can help to stimulate innovation and business results. Companies that rely on analysis consider big data to be a valuable asset of the company: data helps to advance business planning and forms the basis for future strategies. Business analysis helps these companies get the maximum value from this gold mine of insights.

Sufficiently large volumes of high-quality data are required for business analysis. Companies that want to achieve the most accurate results possible have to integrate and compare the data from different systems. A decision is then made as to which subsets will be made available to the business.

Data Analytics

A Data analytics career involves combing through massive data sets to identify patterns and trends, create hypotheses, and support business decisions with data-based insights.

For example, data analytics seeks to answer questions such as, “What impact do geographic factors or time of year have on customer preferences?” Or, “What is the likelihood that a customer will defect to a competitor?” In practice, data analytics encompasses many different techniques and approaches. It is also known as data science, data mining, data modeling, and big data analysis.

In data analysis, raw data is collected and examined to conclude it. Every company collects huge amounts of data, such as sales figures, market research, logistics, and transaction data. The real benefit of data analysis is in identifying patterns in a data set that can indicate trends, risks, and opportunities.

Data analysis enables companies to use this knowledge to change their processes to make better decisions. In practice, data analysis can help, for example, to decide about the next product developments, to develop customer loyalty strategies, or to evaluate the effectiveness of new medical treatments.

Applications of Business Analytics and Data Analytics

Since Business Analytics and data analytics are both based on big data tools, they have several applications in various industries across the globe. Some of them are mentioned below:

  1. Digital Advertising
  2. Energy Management
  3. Medical Applications
  4. City planning and mapping
  5. GPS tracking
  6. Transportation
  7. Risk detection and management
  8. Security
  9. Transportation
  10. Traveling
  11. Customer interaction
  12. Internet Browsing
  13. Expenditure Management

Conclusion

Business and Data analytics share the same overarching goal: use technology and data to drive business success. We live in a data-driven world where the amount of information available to businesses is growing exponentially. Both functions in combination can help companies achieve maximum efficiency and gain some useful insights.

Understanding Mutual Funds: Are They Safe?

What is a Mutual Fund

There are different assets and holdings to invest with higher and lower risks in the financial market. A mutual fund works as a company that pools money collected within a diverse set of investors. This money is invested in a varied set of securities, or financial products, such as bonds. The whole set of holdings is known as a portfolio. The management of the funds is carried out by money managers who find the right allocation, optimizing and monitoring the capital gains for the investors.

This limits the decision power of its investors. Indeed, holders do not have voting rights. As a matter of fact, the ownership of the fund is represented by the shares. The gains and losses will then be distributed proportionally among the shareholders. Mutual funds are attractive to conservative risk profiles, as they are affordable, diversified, and allows the investors to easily redeem any fees.

Types of Mutual Funds 

Depending on the nature of the securities included in each fund, the mutual funds can be categorized into different types.

Some of the most common funds are denominated money market funds. This type of fund has a lower risk and is made through short-term instruments. The safety of the fund responds to the type of investment, which is made only through safe assets.

As aforementioned, the risk profiles respond to different types of mutual funds. To more aggressive risk profiles, bond funds address the investment through bonds. Stock funds, conversely, allocate the investment using corporate stocks of a diverse nature (regular dividends stocks, non-regular ones, index funds, or specialized sector funds of a specific industry). Finally, target-date funds manage the investment with a varied set of financial assets, shifting the mix periodically.

Risks Management

Any type of investment has an inherent risk associated with it, which varies according to the sector and types of assets used to invest. The nature of the mutual funds makes them very suitable for risk-averse profiles. Mutual funds reduce the risk through three axes: volatility, concentration, and inflation control procedures. For the former item, a systematic investment plan (small investments in short time intervals), such as those applied in a mutual fund, reduces the risks derived from the market variability.

Following with the next one, i.e. concentration, the famous financial advice gives us a clear hint on the strategy used: “One should not put all the eggs in the same basket”. As mutual funds are defined mostly as a vehicle of investment in varied sectors using different assets, the impact on diversified portfolios allows investors to foresee and prevent dramatic loss. Lastly, the funds also have advantages in terms of taxation, such as tax savings and a paying free-tax scheme for the returns.

Why Should You Partner with Imarticus to Learn About Financial Assets?

In partnership with LSED Academy, we offer a holistic, practical program to certify professionals in Investment Banking Operations. In a more competitive and complex financial work market, we offer a complete 180-hour program to not only get a deep understanding of complex financial assets and products but also to enhance the possibilities to get salary hikes and career development.

The 360-degree program alternates from the comprehension of complicated financial products trade life cycles, risk management courses, and market regulation modules, focusing also on the development of soft skills.

Conclusion

Being able to understand and manage investments using innovative financial assets is a crucial skill to work within the financial market. You can become a part of the Imarticus working force, participate in the investment sector and improve your salary. Get a certification online in banking operations with Imarticus. Join today!

Embedding Sustainability Into the Innovation Funnel With This BBA Certification

Sustainability is based on satisfying our current needs while not compromising the capacity of future generations to meet their own needs. This requires the balanced development of three fundamental pillars: economic, environmental, and social.

In addition to the economic contribution, business activity also generates environmental and social effects that do not go unnoticed. Thus, the business contribution is essential to reverse the current situation in economic, environmental, and social aspects. The bachelor’s in business administration we offer will show you how to succeed in this field.

BBA in banking and financeTypically, companies start their sustainability strategies by reducing their costs and their negative impact on the environment. However, this approach is not enough; sustainability must be considered a core value in any business strategy. To do this the BBA in finance will show you how to embark on this path, for example:

  • Elevate sustainability to a core business strategy. Sustainability should be a cultural feature throughout the organization, always on the agenda of senior leaders. In most cases, the company’s services and products should be marketed as environmentally friendly.
  • Integrate sustainability principles into innovation efforts. Environmental initiatives require imaginative ways of approaching problems. For example, many companies may consider replacing the raw materials that have traditionally been used to design products with more environmentally integrated ones.
  • Look at the overall product value chain through an environmental lens. The full impact of design decisions on the overall environmental impact of a product should be considered, by establishing close relationships between customer and supplier design teams, which should also consider the full life cycle of products within the design decisions taken.
  • Consider the principles of sustainability in key decisions. All business decisions involve a trade-off between different variables. The environmental implications of a decision must also be taken into account because of its implications in terms of risk, cost, growth, service, and quality.
  • Integrate sustainability into corporate and brand messages and advertising. This is particularly important to keep legitimate stakeholders (investors, employees, customers, regulators, etc.) properly informed.

Innovation can be a means to achieve sustainability, as it involves improving the way things are done. Thus, sustainable innovation includes both the creation of green products and the implementation of sustainable processes. Such processes encompass both industrial manufacturing and organizational processes. This is why innovation in business models and business practices is moving the company towards sustainability.

New technologies offer sustainable solutions to move towards a better world. However, their implementation in the business fabric is often complex due to factors such as uncertainty or resistance to change. Closing these gaps, therefore, requires significant efforts from both governments and businesses themselves.

Practices such as the integration of management systems or open innovation are part of a set of strategic solutions that contribute to building a sustainable world. This is a complex problem, and its real solution goes far beyond individual efforts or isolated cases.

That is why we are changing the way we do things and innovating with BBA coursesBusiness objectives are very diverse, which is why several management systems (quality, environment, occupational health and safety, corporate social responsibility, among others) interact in the same company to ensure the satisfaction of each of these objectives.

To understand sustainability-oriented business strategies the bachelor in business administration offers you a comprehensive curriculum that covers the demands of new-age banking, financial modeling, equity research, and FinTech. The BBA courses will enable you to work on real business projects that will allow you to gain a practical understanding of finance and general management.

Ethereum Vs. Ethereum Classic: Differences You Should Know About!

If you have been following the developments in cryptocurrency or planning to enrol for an Ethereum course, there is a very less chance that you have not heard about the Ethereum Vs. Ethereum Classic discourse. The hard fork that led to the creation of a new chain was a result of a huge attack on the Decentralized Autonomous Organization (DAO), a venture capital fund that was created to decentralize the cryptocurrency transactions and to automate the functions. The DAO was developed on the Ethereum platform.

This smart contract automates the cryptocurrency transactions based on a set of pre-determined conditions. Everything was working smoothly until the notorious attack on DAO happened in 2016, stealing $50 million, leaving the traders in absolute shock. Though the incident happened because of a fault in the structure of DAO, it sparked a lot of debates and eventually, resulted in a hard fork. Thus, the Ethereum was split into two branches. While the new branch retained the name Ethereum, the old one took up a new name, Ethereum Classic.

Now that you have an overview of what is what, let us look into some fundamental differences between Ethereum and Ethereum Classic.

Difference Between Ethereum and Ethereum Classic

The proposal for a hard fork sparked an ideological difference, as many people believed that the new chain challenged the fundamental idea of the Ethereum being immutable. Both Ethereum and Ethereum Classic share some functional similarities. However, there are some fundamental differences that set them apart. There are marked differences in some of the main features, but the more striking ones appear on the philosophical and moral aspects. Lets us look at the differences one by one.

Differences in Philosophy

One of the founding ideas of blockchain was that it should be immutable. This is because the supporters believe that if a blockchain allows people to make changes according to their wish, that could lead to fraud. However, the new branch, Ethereum, does not advocate that. The Ethereum community members believed that a hard fork is necessary to serve justice.  Ethereum devalued the stolen tokens and refunded those who had invested in those Ethers.

Differences in Value

Ethereum values almost 15 times than the Ethereum Classic. This is because Ethereum successfully garnered the support of many leading names in the crypto community. Also, it receives regular updates. Ethereum Classic has a lesser value compared to Ethereum, but recently, it managed to attract the backing of some prominent names.

Enterprise Ethereum Alliance (EEA) is a support group formed by more than 200 market leaders such as Microsoft, Wipro, Intel, Accenture, JP Morgan, Thomson Reuters, Credit Suisse along with many start-ups and subject matter experts. They are all bound by a common factor; all of them believe in the potential of blockchain.

Differences in Potential and Features

The growth potential of Ethereum Classic is debatable. On the contrary, Ethereum is looking at a promising future. Looking at its rapid growth, experts are postulating that Ethereum could become the first cryptocurrency to reach the $10,000 mark after Bitcoin. Ethereum enjoys a higher hash rate than Ethereum Classic. As mentioned earlier, Ethereum keeps updating on a regular basis, but Ethereum Classic cannot access those updates.

There is a surge in the carer opportunities related to Blockchain. Needless to say, the technology industry has undergone tremendous change after the introduction of blockchain. Many fortune-500 companies are coming forward to espouse blockchain to support their growth. This underlines the career potential of blockchain and Ethereum, which is largely untapped. Check out the Ethereum courses offered by Imarticus if you are looking for a good Ethereum training in Fintech.

What Makes Credit Underwriting Such A Fascinating Career Option?

Throughout your life, you would have seen countless advertisements for insurances (of all sorts.) However, if you have ever decided to fill one and go through the entire process, you would have faced the risk assessment.

Risk assessment is the insurance company’s way of determining whether insuring you would be a profitable deal or not, since each year, these companies are risking billions of dollars. Comprehensive risk management thus becomes more important.

A Credit Underwriting career is a career in which you do a risk assessment. Yes, a credit underwriter’s job description is to go through all the applicants and determine their risk coefficient. A credit underwriter’s job is both demanding and challenging, yet at the same time entertaining and lucrative.

 

Credit Risk Underwriting CareerLet us understand why credit underwriting is such a fascinating career option.

Credit Underwriting: Job Description

As an underwriter, you would be the person accepting any understated liability, thus making you the person who will be held responsible for the potential losses incurred by the client. A credit underwriter does the same thing in an economic context.

So, when you accept this highly analytical, 40-hours-a-week desk job, you will be expected to review the application for insurance coverage for people and organizations. You are supposed to extract all the valuable information from their applications and then use your computer to develop a risk factor coefficient.

You, as a Credit Underwriting Career, have a pivotal role in the company’s profits (and losses). Since a lenient underwriter would open up the company to unprecedented losses, a very strict underwriter would run the company into the ground by losing its business. Thus, striking the right balance is critical for any Credit Underwriting Career.

What makes credit underwriting fun?

From the description of Credit underwriting thus far, it seems more daunting than fun. However, there are many apparent benefits, and we have listed some of them below:

Credit Risk Underwriting CareerYou get to work with the latest technology:

Traditional means of risk assessment have been invalidated by advancements in technology like Machine Learning, Artificial Intelligence, and Deep Learning. You, as a credit underwriter of the 21st century, would be working mostly with such tech stacks. You would be using exciting and cutting-edge statistical modeling from day today.

Insurance and other benefits:

Since you will be working with insurance agencies, and you will be bestowed upon the best plans for yourself without going through any painful process, you also have a high chance of having other benefits like retirement plans, etc.

Paycheck:

It is estimated that a Credit Underwriting Career would earn you about $69,380, which translates to about a whopping fifty-one lakh rupees an annum. That is a very lucrative reason to pick up underwriting as a career.

Credit Risk Underwriting CareerConclusion:

Credit Underwriting as a Career has its pros and cons like any other career. We hope to have provided you with enough information to make an informed choice on your own.