How to start a supply chain management and analytics career after college

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An efficient supply chain management system is an asset to any business. It can completely transform a business by eliminating latencies and speeding up the delivery process. It also saves time and money for the customers. 

The key areas of Supply Chain Management are operations, and finances, which requires thorough knowledge. A Supply Chain Management (SCM) Analyst can go through the data to create predictions regarding customer demand in the future, thus creating a career in this field. If you are thinking along the lines of, how do I become an SCM analyst, we have the process explained to you. 

What is Supply Chain Management?

Supply Chain Management is the internal system of business companies that manage the flow of goods. The processes start from the raw material until it reaches the consumers as the final product. The SCM covers the major phases of planning and execution, such as production, development of the product or services, their marketing, the various operations involved in it, distribution of the materials and products, managing the finance of all the processes involved, and customer service. 

The Supply Chain Management system, which is now digital almost everywhere, generates a huge amount of data. The career as a Supply Chain Analyst is in-demand, as SCM requires analysis of performance or the system, identifying problems and finding solutions, and then developing a successful formula or ideas to improve the business.  

How do I become an SCM analyst?

To start a career in supply chain management and analyst career right out of college, one must enroll for a quality certificate course in Supply Chain Management that provides the basic qualification. Some of the careers in SCM analysis include Supply Planning Analyst, Supply and Operations Planner, Logistics Manager, Quality Assurance Manager, etc. 

The Professional Certification In Supply Chain Management & Analytics is a wonderful option as the course is approved by IIT Roorkee with a hands-on process for learning. It enables you to start a career as a Supply Chain Analyst with an attractive salary. It also provides quality mentoring during the course and beyond. 

Apart from qualifying, one must also develop analytical skills, mathematical skills, interpersonal skills, etc to excel in this career. Having 1-2 years of experience with a Master’s Degree can be highly boosting. It is a challenging career but at the same time highly rewarding to stay at the center of a business. Those who love this career often find it exciting. 

Since SCM requires some experience to have a stronger career, enrolling in courses that can provide placement assistance is key. 

Conclusion

If you are a strategic thinker, the dynamic industry of SCM is most suitable for you. It also comes with an attractive salary range which goes higher as you move higher in this career. A career in SCM can be more than the storage and shipping of goods. It is more about data management that helps find quick solutions to the problems. 

SCM requires a broader knowledge in all the fields related to this system. While it mainly concerns goods management, it also involves people management so having key personal skills are important. 

As attractive as the career looks, it can be pressurizing. So it is important to have an experienced mentor to polish those skills and learn how to face the challenges. A good certificate course in Supply Chain Management will have such facilities. Most importantly, a career in SCM will provide multiple options from a beginner to advanced levels in the supply chain system. 

10 best digital marketing tools you should know about in 2021

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Digital Marketing has transformed how marketers market their products and services. Therefore, Digital Marketing Training is essential for marketers in the current era. If you decide to learn digital marketing, it will give you an edge in the world of digital marketing. 

A course on digital marketing will equip you with the tools and techniques to run a digital marketing campaign. Also, you will be building digital marketing strategies with the help of this course.

A HubSpot digital marketing certification will help you build a proper understanding of digital marketing.

digital marketing online course

The Best Digital Marketing Tools

Several tools will be covered in your Digital Marketing Training. Some of these tools are listed below: 

 

  • MailChimp:

 

MailChimp is an indispensable tool for digital marketing. It is one of the most comprehensive and effective digital marketing tools to improve campaigns and track traffic. The platform allows integrations with many SaaS providers. This feature is great for email marketing because it allows you to interact with your audience.

 

  • Google Analytics: 

 

Google Analytics is considered a robust digital marketing tool that assists you in making a variety of marketing decisions. You can easily track your e-commerce business and set goals to meet the target. It is relatively more straightforward for marketers to comprehend the directions required to follow with website upgrades and alterations using all the data insights provided by Google Analytics.

 

  • Google Ads:

 

Google Ads may be used by practically any type of business, whether small, medium, or huge. While many marketers believe Google Ads is prohibitively expensive, it is one of the most powerful digital marketing platforms available, capable of propelling your company to new heights. The HubSpot digital marketing certification will give you in-depth insights on digital marketing with Google Ads.

 

  • Canva: 

 

Canva is a popular design tool that allows you to create visually appealing marketing campaigns that you can publish on websites, social media accounts, and all kinds of platforms. Any digital marketing effort relies primarily on visual content. You must create appealing content to lure the intended customer audience.

 

  • Trello:

 

It is one of the most widely used content management systems, with hundreds of thousands of digital marketers using it to generate, plan, and organize content on the internet. The platform unites the entire team, making communication more accessible and controllable.

 

  • Slack:

 

Digital marketers use Slack every day. Slack lets you communicate with clients, review new articles, project updates, support requests, share relevant material, and send messages. A robust tool is essential to effectively communicate with your digital marketing team. Slack is the perfect tool for this purpose.

 

  • Yoast SEO:

 

It is one of the most well-known and widely used WordPress plugins for digital marketers who want to improve their websites’ performance in search results. Yoast SEO assists with the specifics that WordPress lacks, such as sitemap submission, keyword management, content creation, and the use of webmaster tools, among other things.

 

  • Survey Anyplace:

 

Marketing professionals may use Survey Anyplace to develop entertaining and interactive quizzes, evaluations, and surveys for their target audience. It’s an excellent digital marketing tool that helps you in engaging with your target audience and establishing brand identification and personality.

 

  • Ahrefs: 

 

Ahrefs provides a set of search engine optimization tools that make it easy to optimize your website for your specific marketing needs. It’s mainly used for backlink analysis, and because of its extensive data index, it’s known to be one of the most popular digital marketing tools on the market.

 

  • Semrush

 

Semrush is an all-in-one marketing toolbox that combines SEO, content marketing, market research, advertising, social media management, and search engine reputation management to assist businesses to increase their online presence.

Conclusion

Understanding digital marketing is vital in the current scenario. You must learn these tools to understand the practical application of digital marketing. A course will help you out thoroughly.

Are financial modelling skills indispensable to investment banking professionals

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Are financial modelling skills indispensable to investment banking professionals?

To work in investment banking, you need to demonstrate that you have a range of skills and knowledge that are differentiated or in demanding careers, such as financial modelling skills. Moreover, the investment banking sector deals with the financing of companies through equity or debt. This includes work such as buying and selling companies in whole or in part, IPOs, joint ventures, or risk hedging.

To achieve this, investment banks must work directly with the management of the companies involved, as well as with investment funds or public financing facilities. This requires people who want to work in investment banking to have a multidisciplinary profile with extensive financial knowledge, agility in financial modeling, and good interpersonal and communication skills. Here we tell you 7 reasons why financial modelling skills are indispensable to investment banking skills.

What is financial modelling? 

The term financial model refers to an abstract-mathematical version of a company’s financial reality in a set of spreadsheets.

A model is thus a mathematical, simplified, and idealized version of the reality of a company. The model works out simple versions of real factors and translates them into spreadsheets that facilitate the execution of mathematical calculations on the data.

The purpose of a financial model is to represent reality as simply as possible while still being a realistic reflection of the company’s situation, and thus to enable the company’s financial statements to be projected on the basis of current and historical data.

Here are the 7 main reasons why financial modelling skills are indispensable to having investment banking professional skills

  1. It allows you to give a transparent picture of the overall situation of a company.
  2. It helps to project the impact of any changes in the company’s structure or business.
  3. Since financial models are designed taking into account historical data in addition to the structural situation, the model allows for the definition of scenarios with variables that reflect changes in the entire structure depending on their value.
  4. It is an integrated planning system that contains the profit and loss accounts, the balance sheet, and the calculation of capital flows with their respective dependencies. In this way, the model makes it possible to project the development and consequences of a change scenario for any given decision. This is an indispensable tool when making decisions affecting the structure of a company, as it makes the impact of any decision transparent.
  5. All companies need a business plan to organize themselves, but from the moment external financing comes in, whether, through credit or investment, the financial model becomes an essential planning tool.
  6. Investors only invest their money if they are convinced that the company will be able to repay loans and interest in the future, thus providing a return on their investment, which is why a transparent, complete, and correct presentation of the financial situation, especially the projected income, capital, and liquidity situation, is indispensable.
  7. Apart from their use in all matters relating to financing, financial models are also used for business management.

Why Imarticus for a CIBOP online course?

Financial modelling, i.e. the design and planning of a financial model, is mainly used in the preparation of a business plan or in the representation of a company’s financial structure. The aim is to translate the reality of the company into an abstract model that provides a transparent picture of the overall situation of a company. 

In Imarticus we offer Certified Investment Banking Operations Professional courses for those who need to start from scratch. If you have any questions, please do not hesitate to contact us to have more information on investment banking courses.