What a CFO program can do for your finance career

What a CFO program can do for your finance career

CFO, or the Chief Financial Officer, is the individual responsible for drafting the financial strategy of a firm and managing its monetary operations. Now, with this small definition, you can get an idea of the magnanimity of the position and the responsibilities that come with it. So, if you are working in the financial segment, this is an aspirational role for you. One day, you would like to be in this position, but the question is how.

Well, to help you reach your goals, various dedicated CFO programs offer you a chance to get the needed specialization.

Now, experts who have worked in top finance positions with over a decade of experience have clearly outlined the importance of a good CFO program to climb the corporate ladder and how a finance course is extremely pivotal for your career growth. It could also provide a well-guided roadmap for you to get the top job in a finance career.

How a CFO Program Can Help You in Your Finance Career

Completing a finance course can help you in many ways. First of all, you will get the necessary foundation. But, there’s more to it. Here are the highlights –

You develop the important skills to join and grow any type of business

There are other courses which help you in getting the necessary business training. CA, CS, CMA, CFA, ACCA, and courses like these offer rigorous finance training. A dedicated CFO program will equip you with more rounded business training. If you want to learn more about finance, its multidisciplinary aspect, and how companies operate in the real world, then these programs are more than helpful.

Various modules in these courses train you for senior-level finance and management positions. They teach you about business intelligence and strategic management and equip you with some practical research skills. You learn how to construct an argument and back it up with financial presentations. You will get real-life experience and will learn how to rely on people by delegating duties and solving these fiscal operation problems together. In a CFO program, you get this training by working with your peers, working together on various case studies together, and communicating effectively to improve the team’s performance.

You develop operational skills paired with sound knowledge of business strategy

When you are working as a junior or mid-level executive, you don’t need to have the operational and strategic know-how of the business. But as a CFO, you must have that. Now, developing them is not an overnight task; it requires experience and knowledge. With a professional CFO program like this, you will attain the knowledge, but the experience will come with time.

Nevertheless, as a modern-day CFO, you should be aware of your company’s overall operations and growth strategy. The reason is, that it will give you a bird’s eye view of where the company needs further investments and where you can cut it short to save funds for other areas.

All in all, you will make a tangible contribution to helping the company reach its potential and meet its annual targets.

A CFO Program opens professional opportunities beyond finance

The best thing about enrolling in a CFO program is that it shapes your career in a new direction, which runs beyond finance. To elaborate, with a professional course like this, you will prepare for a senior management-level position.

Now, being in a position like this means your responsibilities will not be limited to just looking after the company’s financials. You will be a part of bigger company decisions and may end up managing more than one department. Therefore, it will also pave your way to one day grab the top job, i.e. the CEO. In this regard, a professional course like this will also help you master the new-age financial skills required to go for the top job.

To sum up, a professional CFO program can be a great foundation for your entry into this world of becoming the head of your current department. Along with the knowledge, what these courses also bring is the technical understanding of the job and the experience of the faculty members. Moreover, if you are applying for the PG Certificate Programme for Emerging CFOs from IIM Indore in partnership with Imarticus Learning, then the benefits are plenty. Here, you will get the guidance of eminent faculty and get certification from one of the top business schools in the country.

Cyber security online: Learning paths, jobs and career opportunities

Cyber security online: Learning paths, jobs and career opportunities

Cybersecurity explains what it is; it is the act of providing security against any online threats. To put it in a more lucid way, cybersecurity refers to the act of using certain software, systems and human expertise to keep critical information of a particular company safe. Here the data refers to the ones stored on the company servers.

Cybersecurity has become an important part of all our lives today owing to the increasing influence of the internet. This is why you can consider a career in cybersecuritywhere the scope is immense to become an ethical hacker and serve for the better.

People wondering about the benefits of cybersecurity or the various aspects of the same can read on below to find out.

What Are The Benefits Of Cybersecurity?

Implementing cybersecurity practices has a lot of benefits, such as: –

  • Protection of sensitive data of a company
  • Increase in the reputation of an organization in the eyes of its stakeholders
  • Having a safeguard against unauthorized users
  • Increasing the productivity rate of an organization by preventing cyberattacks (attacks on the system’s software etc.)

What are the Basic Elements or Concepts Of Cybersecurity?

Now, cybersecurity as a field operates based on quite a few key or core concepts, namely: –

DDoS or Distributed Denial of Service

DDoS essentially refers to a system or method of blocking or disabling a web service by inundating or weakening it by sending a lot of web traffic towards it. Generally, this is a practice followed by hackers to hold the system hostage in exchange for some ransom.

CASB or Cloud Access Security Brokers

CASB refers to the cloud-based software that acts as a middle layer or gate between a cloud-based consumer and a cloud-based service provider. It essentially prevents threats by recognizing or identifying the risk to the company’s systems.

IoC or Indicator of Compromise

IoC refers to the instances where data that is not supposed to exist in a system is uncovered or found by running the usual data checks, which are routine practices.

IR or Incident Response

IR refers to the response of the system cybersecurity managers or software to the threat. Usually, some of the methods include first isolating the system software, then locking access to the system, running diagnostics etc.

IAM or Identify Access Management

IAM essentially refers to the degree of access granted to the users of a particular company or organization’s systems based on their position in the hierarchy. 

SIEM or Security Information and Event Management

SIEM refers to the data funnel that channels or funnels all data of an organization, whether internal or external, to a centralized or otherwise depot wherein it is continuously analyzed for security threats.

SOC or Security Operations Centre

SOC refers to the central command-like aspect of any cybersecurity management software or setup of an organization or company. It is the central place from which all commands are issued as regards the correct steps and practices.

UEBA or User and Entity Behavior Analysis

UEBA essentially refers to the close and continuous scrutiny of users who access the system of an organization concerning their behavior. This scrutiny is quite useful to map anomalies in their behavior if any.

APT or Advanced Persistent Threat

APT refers to the consistent or continued presence of an intruder in the system network to harvest valuable and sensitive information like Intellectual Property, employee credentials etc.

MSSP or Managed Security Service Provider

MSSP essentially refers to an all-around management enterprise that overlooks and watches over the security management systems of the company or organization in question.

What are the Professional Avenues For Cybersecurity?

The career scope in cybersecurity is growing and will expand even further in the coming years. You can now complete a course in cybersecurity and find employment in a host of areas. Some of the prominent ones are as mentioned below –

  • Digital forensics analyst 

Essentially playing the role of a forensic examiner in the world of technology by applying knowledge of network, mobile, cloud-based etc., forensics. 

  • Malware analyst 

These professionals essentially act as the first responders to any major cyberattacks. They concentrate on locating and flushing out the malware or malicious software as their first response.

  • Blue Team professional 

Blue team professionals essentially act as all-in-one cyber-defender, meaning that these professionals possess a higher or wider degree of knowledge to tackle any problems head-on.

  • Incident response team member

These professionals essentially respond to the threat while it unfolds, similar to malware analysts, but while malware analysts search for the malicious software, incident response team members search for the puppet masters or malicious attackers.

  • OSINT Analyst 

These professionals essentially act as researchers for a cyberattack threat; that is, they look up and collect data on the attacks to better advise their clients on their best course of action, similar to consultants.

There are many other cybersecurity professional roles, such as becoming ethical hackers, which you can explore based on their particular skill sets or even after learning about cybersecurity.

Parting Thoughts

Now, if you are interested in entering this field, you can do so by completing a cybersecurity course available online as well as offline. In this regard, two courses from Imarticus Learning need special mention.

The Post Graduate Program in Cybersecurity includes an industry-standard curriculum and placement opportunities. Also, the Advance Certification Program in Cyber Security from IIT Roorkee offers the platform you need to build your career in this field.

10+ Mind-Boggling Facts You Can Learn In Artificial Intelligence As A Fresher

10+ Mind-Boggling Facts You Can Learn In Artificial Intelligence As A Fresher

With the rapid development in the technology sector, artificial intelligence has already become a part of our everyday life.  A lot of big tech companies have become involved in this development and have already created their unique assistance system. 

For example, Amazon has Alexa, Apple has Siri and Microsoft has Cortana. Although we have some ideas on what AI can do, you will also become surprised if you find out about some specific skills of AI. You can learn AI by enrolling in a machine learning and artificial intelligence course.

In this article, we will discuss the mind-boggling facts about artificial intelligence that you need to know:

Play games

Artificial intelligence can learn and play games like poker, chess, and Go (which is an amazing feat in itself). Moreover, AI can not only play these games smoothly but they can also compete with fellow human beings as well as defeat them in games.

Debate

Through the development of IBM’s Project Debater, we can see that artificial intelligence also can participate in complex debates with human beings and become successful at it. Furthermore, it can conduct research on different topics, craft counter-agreements against human opponents, and produce an engaging point of view.

Create

Different creative processes can also be mastered by artificial intelligence which includes writing poetry, taking photographs, creating visual arts, composing music, etc. The AI of Google was also able to create an AI child of its own that has surpassed its human-constructed counterparts.

Read human minds

Another mind-boggling fact about AI is that it can truly read your mind. Artificial intelligence can interpret your brain signals and then create a speech using those signals. This is a truly impressive feat of AI that can help differently-abled people. For example, this ability of AI can be life-changing for those who have a speech impairment (because of the mind-reading aspect of the skill). To capitalize on the mind-reading potential of AI, big tech giants such as Meta and Elon Musk have created projects that can harness this skill.

Understand emotion

Currently, AI tools that can read people’s emotions are being used for market research. These AI tools can track and gather data from people’s emotions. The tools use a person’s body language, voice, facial expression, etc., and evaluate it against the emotion database to find out what kind of emotion the individual is expressing. Based on their expression, AI can also find out what their action will be.

Listen and understand

Artificial intelligence can analyze and detect the sound of gunshots and warn the relevant agencies about the same. This is one of the most fascinating things AI can do, it can hear and evaluate different types of sounds. People also like the response of digital voice assistants when it comes to asking for a weather report or managing minute things. The convenience, accuracy, and efficiency provided by digital voice assistants are phenomenal.

Speak

Artificial intelligence also can speak and interact with human beings. Oftentimes, it is also helpful and fun when Google Maps or Alexa answers your queries and assists you by providing you with directions. Google Duplex uses artificial intelligence to schedule appointments and finishes every task over the phone using a conversation tone or language. It also can answer accurately to the human it is talking to.

Vision

Artificial intelligence can also see and analyze visual data using machine vision and it also can make proper decisions. There are multiple ways machine vision is being utilized today, for example, payment portals, self-driving cars, facial recognition, etc. Machine vision also helps out in the manufacturing process which is by enabling product quality control process and predictive maintenance.

Read

There is artificial intelligence that can find out the salient features from any sources and summarize them for your usage. Be it news articles, emails, legal documents, web links, books, images, audio files, etc. can be summarized with the help of artificial intelligence and the specific points can be reported back in the form of essential information. 

Currently, this particular feature of artificial intelligence is being used in slack or Facebook messenger. This particular feature of AI is dependent on machine learning, blockchain technology, and natural language processing.

Write

Nowadays professional news organizations and the journalism industry such as Reuters, Washington Post, The New York Times, etc, are utilizing artificial intelligence for writing. The creating ability of AI is being utilized to create different formulaic pieces depending on ‘who, what, when, how, and where. 

A lot of marketers are using artificial intelligence to create artistic social media posts. Not to mention, even a novel produced by artificial intelligence has been selected for an academic award.

Move

Artificial intelligence is being used in different robots and drones for autonomous movement. For example, Tokyo’s national theatre has a robot that can generate autonomous movement.

Artificial intelligence will probably surpass our abilities in a lot of different fields and if you are interested to learn AI and becoming a part of this emerging industry then you should opt for an artificial intelligence course today.

5 must learn programming language for data science and machine learning professionals

5 must learn programming language for data science and machine learning professionals

Learning programming languages is the first step in becoming a data scientist or machine learning expert. You should be familiar with several programming languages for your practical work and self-learning. This post briefly overviews the top must-know programming languages for data science and machine learning professionals.

R Programming Language

R is open source software, free of charge, released under the GNU General Public License. The latest stable version is R 3.4, with minor updates released every six months. There are also many packages on CRAN (Comprehensive R Archive Network), which provide additional functionality when working with data sets in R itself. It is used extensively in academic environments to teach statistical methods and to develop statistical software.

Python

Python is a programming language for web development, data analysis, and machine learning. It’s also one of the most popular languages to learn as a beginner, thanks to its simple syntax and readability.

It is a high-level programming language with dynamic typing that makes it easier to write programs using fewer lines of code than other languages like C++ or Java. The syntax is not complicated, so you can learn how things work without getting lost in technical jargon or complex grammar rules that don’t apply in real-life situations.

SQL

It is a structured query language used to create, read, update and delete data in a database. The SQL statements are written in English sentences or commands and separated by semicolons (;).

SQL has been for many years, and several variations exist across different databases, including MySQL, PostgreSQL, Oracle, etc. 

Scala Programming

Scala is a modern general-purpose programming language designed to express common programming patterns in a concise, elegant, and type-safe way. It is an immaculate language with an expressive syntax that makes it easy for developers to work with large amounts of data.

Java Programming

Java is a general-purpose, concurrent, class-based, object-oriented computer programming language designed to have as few implementation dependencies as possible.

This language is among the most popular in the Data Science industry. It has many advantages over other languages. It’s easy to learn and still provides excellent performance when solving complex problems with Machine Learning algorithms.

Discover Data Science and Machine Learning Career with Imarticus Learning.

With this certificate program in data science and machine learning, students may begin their careers in data science. Through this curriculum, students will grasp the principles of data science and machine learning and get the knowledge and skills they need to apply these ideas in the real world.

Course Benefits For Learners:

  • This five-month program, developed by IIT faculty members, will instruct learners in using Python to comprehend data mining and machine learning methodologies.
  • This data science certification course will be live via online sessions with India’s best educators.
  • Students will build a strong foundation in data science with the aid of our data science online program.

Contact us through the chat support system, or drive to our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Delhi, Gurgaon, or Ahmedabad.

Top 5 books to learn financial analysis

Top 5 books to learn financial analysis

As a real-time investor, you can never get enough knowledge, there’s always a better trick to the trade that you may not be cognizant about. One common fundamental that an investor must master is understanding the financial reporting of the corporations. It is not smart to invest in the stock market without taking into consideration the financials posted by the company. Analyzing the final reports by the company and simply relying on the market trends may be aghast as it may lead you to a misdirection. Therefore, an investor needs to keep upgrading himself and his grasp of the subject. 

To do so, there can be no better way to be thorough with the market terminologies as well as distinct strategies that have been penned down by the connoisseurs of the industry. These books can be your best bet to learn financial analysis and shall help you to understand financial reporting in depth. At the same time, if you are already a regular player in the field or if you have chosen finance as your career these top books shall help you to boost your financial analysis career as well as create a path to value investing. If you wish to further extend your know-how in financial reporting or financial modelling, you can perhaps even consider financial analysis online training through the varied courses offered today.

But for now, let us see the trending 5 books to learn financial analysis. These books range from beginner to advanced levels and thus, you can choose to pick your hand on these based on your level of expertise.

The Intelligent Investor

If you belong to the finance field, you most likely have heard about the book written by Benjamin Graham. This is one of the most popular books that are available in the market on financial analysis fundamentals. This book covers the most important nuances related to the financial world such as stock market trading, how to select your stocks, investment tricks, earning per share, etc. If You are someone who is an avid reader but also has started trading in the stock market, this book is certainly the best pick for you.

Learn to Earn

This book by Peter Lynch, who is a fund manager himself strives to make you reach the financial milestones that you wish to achieve. This book takes you through the nitty gritty of analyzing the financials of the company and applying your best knowledge to increase your earnings through trading. The author believes that investing in the stock market is a necessity in one’s life and therefore has explained the concepts in the simplest way possible.

Warren Buffett Accounting Book: Reading Financial Statements for Value Investing

This is a financial analysis book written by Stig Brodersen. This book teaches you valuable lessons about investing. It gives insight into the intrinsic value of a company, talks about what is a discount rate and how to apply it in your strategies, it also talks about the importance of financial ratios, and provides the reader with detailed instructions on how to read the financial statements of a company. The interesting part of this book is that it provides a distinct perspective on financial reporting and is backed by solid examples for readers to easily grasp the author’s point of view.

The Theory of Investment Value

This is a renowned book that has even inspired Warren Buffet and is highly suggested by him for young investors. The book is written by John Burr Williams and it aims to provide its readers with an idea of how the valuation of stocks is done. It also throws light on discounted cash flow techniques and how the dividend yields are decided by the companies. If you are someone who is looking to update your knowledge about investments, this will be a good pick for you.

Financial Statements, Third Edition: A Step-by-Step Guide to Understanding and Creating Financial Reports

This book is known to be a step-to-step guide for beginners to understand as well as create financial reports. This book by Thomas Ittelson is highly recommended by corporates to their fresh joiners to have a basic understanding of corporate finance before stepping into the practical world. It is a type of book that proves to be more accessible by providing data to the readers by translating the most complicated financial jargon. The main focus of the book however is on how the financial statements of the companies interact with each other and aims to offer a snapshot of the company’s financial health. 

The above 5 books are a game-changer for someone who has a deep interest in the finance world and would like to up his investment game. These books provide the reader with the varied perspectives of each author and are highly recommended by most experts in the field. These books help you to cut through the noise and understand the financial shenanigans most efficiently.

How to start a career in fintech – 5 things every fintech professional should know

How to start a career in fintech – 5 things every fintech professional should know.

Financial technology, also known as Fintech, is an umbrella term to describe new technologies used to improve financial services. It can include everything from mobile payments and digital currencies to blockchain and AI. It’s one of the fastest-growing industries in India. 

The world of finance is constantly evolving and growing more complex. As a result, there is a growing demand for Fintech experts who can help businesses navigate the ever-changing landscape. 

And if you’re looking to start your career in Fintech, there are a few things you need to know. In this blog, we’ll look at 5 of these things.

  1. Understand The Basics Of Fintech

To start a career in Fintech, you must have a strong understanding of the basics of financial technology. It includes understanding how fintech companies use data and analytics to provide innovative financial services.

You can use financial technology to improve financial services in many ways, such as:

  • Making it easier for users to access banking services through mobile banking
  • Providing new and innovative products and services like digital currencies
  • Improving financial institutions’ efficiency by automating financial tasks. 
  • Blockchain creates a secure, decentralized ledger of transactions.
  1. Understanding The Regulatory Environment Surrounding Fintech

Every Fintech professional should know the regulations before starting their career in the industry. 

With the environment constantly changing and evolving, it’s essential to stay up-to-date on the latest developments. Several regulatory bodies oversee Fintech, so it’s essential to know which one applies to your specific area of interest. 

Understanding the regulatory environment will help you navigate the fintech landscape and make the best choices for your career in Fintech.

  1. Different Types Of Fintech Companies And Their Business Models

It’s vital for anyone starting a career in Fintech to understand the different types of Fintech companies and their business models.

There are mainly four types of fintech companies, each with its unique business model, and knowing the difference is essential for anyone looking to start a career in Fintech

  • Payments companies focus on providing a better way to make and receive payments. They provide the infrastructure that allows businesses to accept electronic payments, including mobile payments to peer-to-peer (P2P) payments. Common payment processors include PayPal and Stripe.
  • Lending companies use technology to streamline applying for and receiving loans. These companies connect borrowers with lenders, typically via an online marketplace. 
  • Investing companies use technology to make it easier for people to invest their money in various assets, including stocks, bonds, and cryptocurrency. This can include online investment platforms, like Zerodha, Groww, etc. 
  • Personal finance companies use technology to help people manage their finances, budget, and save money. This includes budgeting apps, money management tools, and financial advisory services.

There are also these Blockchain startups working to develop and commercialize blockchain technology, often for use in financial services. Coinbase is one of the well-known blockchain startups.

  1. Potential Benefits And Risks Associated With Fintech

Fintech is a rapidly growing industry with immense potential. It can provide various benefits, including financial rewards, personal satisfaction, and the chance to help shape an industry. However, there are associated risks that fintech professionals should be aware of before starting a career in the field. 

The potential benefits of Fintech include:

  • Ability to create new and innovative financial products and services.
  • Disrupt traditional financial models and create new jobs and opportunities.
  • Provide more efficient and convenient services.

However, there are also risks associated with Fintech, including:

  • Potential for fraud and scams.
  • Unexpected regulatory changes.
  • Data security breaches. 
  1. Consider Skills And Experience

There are a few things that every Fintech professional should know if they want to start a career in this field. 

  • It is vital to have a strong understanding of financial concepts and principles. 
  • Experience in using financial technology (Fintech) tools and platforms is also essential. It is always helpful to have experience working with financial data and software.
  • Finally, effectively communicating with clients and other financial professionals is key to success in this field. 

With these skills and attributes, any Fintech professional can have a successful career in this rapidly growing industry.

Conclusion

A career in Fintech can be enriching and exciting. 

There are many great fintech courses available in India, and a blockchain certification can help you stand out from the crowd.

If you’re interested in a career in Fintech, now is the best time to start. You can check out one of the best Fintech courses in India offered by Imarticus Learning in collaboration with SP Jain School of Global Management. You can check out the program webpage for chat support or visit one of the centers to learn more about the program.

20 Trailblazers Leading The Way In Investment Banking

20 Trailblazers Leading The Way In Investment Banking

According to an article published in the Indian Express, Investment Banking is regarded as one of the top two careers in India. This is also regarded as the future of the Fintech industry, particularly with the advent of various technologies every day. If you learn investment banking today, then you will reap the sweet harvest all along your life. 

What is Investment Banking?

Investment banking is typically defined as the business model or a deal where the bankers create wealth for the second party. In simpler words, an investment banker’s job is to analyse the market and help third parties such as other corporate (private) entities and government bodies to generate capital.

Top 20 Investment Banking Organisations Leading the Way

JPMorgan Chase

It is an America-based investment bank and as of 2022, the largest in the USA. It is regarded as the pioneer in the investment banking sector for its path-breaking works. 

Lazard

Lazard is an international financial advisory institution with a prominent presence in New York City, London and Paris. It offers a wide array of services. From investment management to capital growth, many international firms have taken the lead from Lazard. 

Mitsubishi UF J Financial Group

The Japanese industrial giant Mitsubishi formed Mitsubishi UF J Financial Group in 2005 with headquarters in Tokyo. Today, it serves as the second-largest bank holding company in the world with multiple banks and financial groups under its authority. 

Morgan Stanely

Henry Sturgis Morgan and Harold Stanely joined hands to form one of the major investment banking companies that lead the way for future investment bankers. It is recognised as a leading wealth management service provider.  

Wells Fargo Securities

Wells Fargo has more than 70 million customers throughout 35 different countries. This very stat goes to show you the impact of Wells Fargo Securities. It has its headquarters in California.  

Goldman Sachs

Goldman Sachs is among the pioneering investment banking institutions and is ranked second in terms of total annual revenue. It manages the finance of numerous start-ups and established companies. 

Deutsche Bank

This German investment management company has a network in more than 58 countries. The investment bank is one of the four major pillars of Deutsche Bank.  

Credit Suisse

Credit Suisse is a major global investment bank that has headquarters in Zurich. Share services and asset and wealth management are the key offerings of the bank. 

BofA Securities

When it comes to mergers and acquisitions, big companies across the world depend on BofA Securities. Equity and debt management along with wealth flow are the pillars of this top investment banking institution. 

Citigroup

Citi Bank owned by Citigroup is among the Big Four Banks of America with a prominent global presence. As of 2020, it is the largest security service-providing bank.  

Nomura

Nomura Holdings is an integral part of Nomura Group that extends its service in finance management across the world.   

HSBC

HSBC is a British financial management group; also a bank holding organisation (HSBC Holdings) has its presence in 64 countries. It shows new ways to the global investment banking sector with innovative ideas.  

UBS

UBS is a Swiss wealth management organisation. A prominent presence in all major countries makes UBS one of the top players in the investment banking sector. 

Barclays

Barclays is one of the oldest British investment banking companies. Retail banking, wealth management and corporate finances are among the most significant services provided by Barclays. 

Mizuho

Financial services offered by Mizuho include bank services, equities, trust and wealth management. 

Jefferies Group

Jefferies Group offers corporate banking, financial research, investment management, global markets consulting, and industrial trading to its clients. 

BMO Capital Markets

The investment banking division of Canadian Bank is called BMO Capital Markets. It provides access to a variety of financial services for private and government clients.

BNP Paribas

BNP Paribas is a French multinational banking group. Two of its core roles are Corporate & Institutional Banking (CIB) and Investment & Protection Services (IPS).

RBC Capital Markets

RBC Capital Markets is a global investment bank that offers financial services all over the world such as banking, wealth management, risk assessment, and investment management.

Evercore Partners

Evercore is comparatively a new organisation that has advised mergers and acquisitions of over 4.7 trillion US dollars.  

Learn Investment Banking to Redefine Your Career

As we have been discussing, investment banking has created numerous openings. Due to the high market demand, you can secure your future as an investment banker.  

Investment Banking Career Options

Investment banking can fetch you lucrative career options in multiple fields. Some of them are:

  1. Wealth management
  2. Fintech
  3. Financial risk assessment
  4. Economic prediction or forecasting
  5. Merger and acquisition management  

Investment Banking Course With Placement

If you dedicate a few months to training yourself in investment banking, then you can create a massive opportunity for yourself in the future. The demand for the designation in India and abroad is exponentially rising. Join an investment banking course with placement opportunities to make your future secure.  

Level Up Your Financial Risk Management Skills Today. Join Risk Management Training Today

Level Up Your Financial Risk Management Skills Today. Join Risk Management Training Today

As the field of finance grows and continues to get complex day by day, the risk involved also increases exponentially. With the increase in risk, there has been a steady demand for folks with financial risk management skills. 

What is Financial Risk Management, and Why is it Important?

Financial risk management is simply a process that entails identifying the risks and the end goal is to reduce or mitigate the risk to the maximum extent possible. It is done by making investment decisions bearing in mind the financial troubles the business is under. With these investments, a finance professional seeks to hedge against the risk which was identified at an earlier stage. 

It is essential to manage financial risks simply because they exist and can prove detrimental to the growth and survival of any entity if the situation takes an unfavorable turn. Hence, failure to adequately manage these risks can cause harm to the entity at large, and thus there is an increased demand for people with the required skills for mitigating financial risks.

Types of Financial Risks

Financial risks exist of multiple types and sorts depending upon their nature. Following are some main buckets they are typically classified into. 

Market Risk

Since financial securities are tradeable, they have a value that isn’t fixed but rather fluctuates based on demand and supply. This volatility or price change can work both ways for any entity. Hence it poses a substantial risk depending upon the exposure. As a finance manager, it is the task to mitigate those risks, usually by hedging against the current exposure. 

Hedging involves taking positions against the pre-existing ones in case the trade goes. Otherwise, a finance manager can recover some of it via the hedged position. Market risk is common for companies involved in international business and transacting in foreign exchange. These entities are at constant risk of change in the value of FX. A successful finance manager will hedge these risks accordingly.

Credit Risk

Most businesses involve some or the other form of credit. Especially with financial institutions where the company is based on lending activities, it becomes the principal risk. To put it simply, credit risk is the risk of the borrower not being able to repay the amount, which is called serving the obligation in the banking industry. Depending upon the borrower’s profile and the credit deal’s characteristics, you must assess these risks. Once assessed, they can also be hedged for via financial securities like Credit Default Swap (CDS).

Liquidity Risk

Liquidity means the ability to convert an asset into cash. Cash balances and bank accounts are considered to be the most liquid assets simply because of their readiness in terms of usage. However, liquidity can be a problem with certain assets, especially fixed ones. At times assets of higher value do not get sold readily as there might be a gap in demand and supply, in the absence of buyers, an asset cannot be converted into cash and hence causes an inability to transact. A finance manager takes into account the liquidity risk and tries to maintain a balance of liquid assets such that it does not impact the overall operations of an entity. 

How Can Our Financial Services And Capital Markets Help?

The course for the advanced management program in financial services and capital markets, provided by Imarticus learning and certified by IIM Lucknow, is a 6 months course of 126 hours with curated modules focusing on different aspects of financial services. The program covers financial risk and compliance and includes modules on investment banking and capital markets. A part of the course is carried out in person at the prestigious campus of IIM Lucknow! Where you can visit the campus and get to meet your peers as well as faculty while you learn live from them. 

The course offers an immense opportunity to network among peers with similar interests and finance-related work experience. Such networking will allow you to create a holistic and global perspective as you interact with people from diverse backgrounds in financial services. This course offers perfect financial risk management training for financial enthusiasts looking to upskill themselves

Conclusion

Financial risk is imminent and will exist as long as finance exists. Even when there are multiple types of financial risks involved, a finance manager’s job is to mitigate them as much as possible. With Imarticus learning, you can level up your financial risk management skills and get a certificate from IIM Lucknow!

Are you looking for professional advice on finance career options? Feel free to contact us through chat support or visit our nearest training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Delhi, Gurgaon, or Ahmedabad.

Data Analytics Course for Beginners

What is Data Analytics?

Data Analytics is defined as the process of analysing data sets to find new trends and draw conclusions about the information they contain. 

Initiatives including data analytics can support a company’s attempts to boost customer service, optimise marketing campaigns, and generate revenue. Analytics also allows companies to respond quickly to changing market trends and gain an advantage over competitors. But improving corporate performance is data analytics’ ultimate objective. 

Depending on the particular application, data may be analysed from new information that was processed for real-time analytics or from historical records. It might also originate from internal systems and from outside sources.

Data analytics analyses data sets to identify emerging trends and make inferences about the information they contain.

Initiatives including data analytics can support a company’s attempts to boost customer service, optimise marketing campaigns, and generate revenue. Analytics also gives companies the ability to respond quickly to changing market trends and gain an advantage over competitors. But improving corporate performance is data analytics’ ultimate objective. 

Why Learn the Basics of Data Analytics with a Data Analytics Course?

  • Demand has increased by 400%

The need for Data Scientists has increased dramatically due to every organisation placing significant bets on data analytics to boost business value.

  • Lucrative salary

The average salary for Data Science roles is 10LPA+, according to Glassdoor.

  • Love for math and programming

Data Analytics course is a heady mix of math, statistics, and programming – it can’t get more cutting edge than this.

How can you pursue further information on data analytics?

You can work in one of the fastest-growing industries and one that is constantly evolving and seeking out fresh insights if you have a strong foundation in data analytics with a data analytics course.

If you are interested in studying data analytics, you can learn online and balance work and study.

Opportunities aren’t simply restricted to working for data science organisations. Jobs are now accessible in various sectors, including health, transportation, finance, entertainment, and construction, as demand for data science specialists has skyrocketed.

Why Imarticus?

You may have found yourself in uncharted territory because of how work changes. You might be expected to perform more tasks. A faster pace of work may be required of you. As a result, you may worry about your outdated skills. We can help you refresh current skills and embrace new ones, so you stay in demand.

Imarticus Learning is an expert in online training. We are constantly updating our programs to stay current with the latest trends and technologies so that you can learn at your own pace with the help of our expert trainers. 

Over a decade, we have impacted over 10,00,000 careers through leading-edge curriculums, highly experienced faculty, and over 500 global partnerships with leading institutions and corporations. Imarticus Learning seeks to upskill existing and future workers to fulfil various industries’ current and upcoming job market demands.

Imarticus Learning has successfully helped thousands of students get into leading multinational companies and start-ups and has helped in the career transition of more than 45,000 students across the globe.

In the financial year 2021-2022, we have placed a record of 1841 students, which means “1 student was placed every 4.75 hours“.

8 out of 10 students of Imarticus Learning get placed in industry-leading firms like JP Morgan, KPMG, Morgan Stanley, Goldman Sachs, HSBC, BNP Paribas, etc.

We are associated with over 480 companies, including most of the Fortune 500 companies.

Start your learning journey in analytics with Imarticus. Our premier data analytics course will teach you about the latest developments in the data science industry and equip you with the practical and theoretical knowledge that an expert data scientist must possess.

5 proven ways to build customer trust for sales managers

5 proven ways to build customer trust for sales managers

Sales professionals are repeatedly reminded of the truism that, to win over customers, it is important to focus on earning their trust. While engaging with a customer, success proves elusive if the focus is on chasing revenue.

Customers engage with businesses how they engage with people and build relationships only with companies they can trust.

Customer trust increases customer retention. Studies show that an increase of just 5% in customer retention increases profits by 95%. It pays to gain customer trust. Another study shows that 83% of customers recommend a business to others only if they trust it. Winning customer trust helps retain not only customers but also win new customers.

The five approaches that salespeople can adopt to win customer trust include:

Provide the best customer service

Customer service is proof of the business’s commitment to its customers’ interests. Superior customer service shows that the company cares enough about its customers’ concerns. Superior customer service reveals that the business cares enough about its customers’ concerns.

The quality of customer service impacts customer retention. It is important to have a dedicated customer service team that reliably addresses all customer issues. The service team should have performance guidelines that ensure that customers receive efficient and consistent service. The service team should also be trained to provide the customers with all the information that they might need.

Businesses can avail themselves of corporate sales training programs for this purpose. The team should also have the autonomy to stretch the contracted customer service terms within reasonable limits. Going above and beyond is a sure way to win customer trust.

Share customer reviews and testimonials

Customers tend to trust reviews and testimonials of other customers over the business’s marketing messages. A study found that 72% of customers trust a business with positive reviews and testimonials. When customers recommend a brand, it builds trust in the brand. Customers trust what other customers say more than what the brands themselves say. Positioning a brand, as the one favored by other customers, on the strength of the reviews and testimonials, is a powerful tool for building customer trust and winning their business.

Be Honest and Transparent

Customer retention is difficult to achieve because customers have multiple options to choose from for their product or service needs. Building a pool of loyal customers is best done by being honest and transparent in dealings with customers. Set up the right customer expectations by letting the customers know exactly what they can expect at the stage of signing the contract itself. The sales team should be honest about the pricing offered and be sincere in its commitment to working in the best interests of the customer. The best corporate training and development programs always emphasise the importance of honest and transparent dealings with customers.

Request for, and act on, customer feedback

Customer feedback helps businesses improve their products and services. Feedback helps companies in assessing levels of customer satisfaction. In the absence of feedback, companies will have no means of judging what customers think of their products and will have no tool to estimate the business’s long-term success.

Seeking feedback serves to show customers that you value their opinion. Acting on feedback is an excellent way to show that the relationship is two-way and that you value customers more than their revenue.

Be Reachable

Prompt customer service is essential for delivering a great customer experience. The business’s service reps should be reachable either over the phone, e-mail, live chat, or social media. Being reliably reachable reinforces the recurring theme in this list of suggestions that the business is trustworthy. Being reachable and delivering superior customer service, as all corporate learning programs will tell you, shows customers that you value their custom-enhancing customer trust

Final Thoughts

Valuing your customers is the key to building trust. This is only possible by delighting them at every possible touchpoint. Suppose the sales team puts customers’ interests first before everything they do. In that case, the customers will know that they are the business’s top priority, and customer trust and loyalty will follow automatically.