Contact Us
×

Day: April 23, 2023

Why Pursuing a BBA in Business Analytics is a Smart Career Move

Posted on by Imarticus Learning

Are you trying to find a job with stability and room for growth? The only option is to study for a Bachelor of Business Administration (BBA) in Business Analytics. 

Businesses continue to rely on data-driven decision-making, driving up demand for experts in this area. The median salary for operations research analysts in 2021 was $82,360. That year, the top 25% earned $119,240, while the bottom 25% earned $61,940.

This post will discuss the benefits of earning a BBA in Business Analytics and how it may lead to various fascinating work options. A BBA in Business Analytics can also provide you with the necessary information and skills to thrive in today’s data-driven business environment, whether you’re a graduate or an experienced professional wishing to change fields.

Importance of Business Analytics in the job market

The Future of BBA in Business Analytics looks promising. Almost 2.5 quintillion bytes of information are produced daily, quickly increasing. These figures demonstrate the increasing demand for specialists in this field for many more years to come. As a result, graduates with a BBA in Business Analytics will always be in demand and have a promising future in the global market.

Today, businesses are all about data. Business analytics come into play in this situation. Making wise business judgments involves looking at, evaluating, and interpreting data. And let’s face it, a company’s ability to make the correct choices may make or break it. 

Business analytics aids in trend identification, consumer behavior forecasting, and operational optimization to boost profitability. It works like a crystal ball that informs you what steps to take next. So it’s critical to have a strong background in business analytics if you want to excel in the corporate sector. 

Data-driven business choices are guided by the BBA-Business Analytics program, which keeps businesses flexible and competitive. This course combines computer programming with data analysis and business intelligence. 

Reputable companies worldwide are looking for business analysts and data analysts who can extract workable and useful insights from the data gathered using particular tools and approaches. This process proceeds from defining a business problem to data collection, relationship creation, and data cleansing in preparation for analysis and modeling. 

Three categories of analytics are further used to categorize this process:

Descriptive Analytics

Predictive Analytics

Prescriptive Analytics

What are the job prospects for BBA in Business Analytics graduates?

  • Retail Sales Analyst
  • Big Data Analyst
  • Data Business Analyst
  • Business Analyst Manager or Consultant
  • Machine Learning Engineer
  • Business Analyst Specialist
  • Financial/Marketing Analyst
  • Data Scientist
  • Quantitative Analyst/Modeller
  • Project manager
  • Data mining manager
  • Business Intelligence and Analytics Consultant

Why is a BBA in Business Analytics a smart career move?

Navigating the Business World with Business Intelligence

  • Knowledge and in-demand skills

Business analytics is one of the industries with the highest global growth. This implies that people with the abilities and expertise to evaluate data and deliver insights will have more possibilities and earn more money. 

A BBA in Business Analytics will teach you how to gather, handle, and understand data from multiple sources using various tools and techniques, including statistics, machine learning, data visualization, and programming. Additionally, you’ll discover effective and convincing ways to present your findings to diverse stakeholders.

  • An advantage in the job market

Your BBA in Business Analytics will provide you with a special blend of business knowledge and technical proficiency that will set you apart from the competition. You’ll be able to use your analytical abilities to tackle issues and situations in the real world that are pertinent to your field and business. 

You will also showcase your originality and ingenuity by coming up with fresh approaches to using data to enhance procedures, goods, services, and client happiness. You may become a business analyst, data analyst, data scientist, business intelligence analyst, and more with a BBA in business analytics.

  • Flexible and diverse career path

When it comes to picking your professional path, having a lot of alternatives and freedom is one of the best aspects of obtaining a BBA in Business Analytics. You can work in any field that appeals to you, including manufacturing, retail, finance, healthcare, education, and the arts. 

Additionally, you can work for various businesses, including startups, large enterprises, NGOs, or governmental entities. You may even launch your own company or work as a consultant or freelancer. There are countless options!

  • A positive impact on society

Earning a BBA in Business Analytics will enable you to constructively contribute to society by using data for good. You may utilize your expertise and abilities to contribute to the resolution of the most important problems and difficulties we are now facing, such as poverty, climate change, health care, and education. By giving people and communities knowledge and insights to enhance their lives and well-being, you can use data to empower individuals and groups.

The Final Words

As you can see, pursuing a BBA in Business Analytics is a smart career move that will open up many doors and opportunities for you. You will gain valuable skills and knowledge in high demand and a fulfilling and meaningful career that can make a difference. So what are you waiting for? 

The dynamic partnership between Imarticus Learning and Geeta University has created a wonderful opportunity. The BBA program in business Analytics has been cleverly designed to meet the needs of ambitious students ready to fully immerse in analytics and use it to develop unmatched company strategies. You will become skilled at analyzing data, revealing insights, and implementing tactical plans to guide your company to unparalleled success with this program.

Enroll in a BBA in Business Analytics program today and start your journey towards success!

Why an MBA in Fintech is the Perfect Degree for the Future of Finance

Posted on by Imarticus Learning

Technology and finance integration is more crucial than ever as the financial landscape changes quickly. Due to this, a brand-new academic discipline called Fintech has emerged, fusing finance and technology to transform the financial sector completely. 

Pursuing an MBA in Financial technology has become the ideal degree for the future of finance due to the growing need for people who can negotiate the complex junction of finance and technology. 

This post will examine why an MBA in Fintech is a great choice for anyone seeking a competitive advantage in this fascinating and quickly-evolving industry.

Why pursue an MBA in Fintech?

A Fintech MBA is a specialized master’s degree that focuses on the intersection of finance and technology. Blockchain, A.I., big data, cybersecurity, online banking, robo-advisors, and other topics are covered. 

During the projected period, the global fintech market can grow at a CAGR of almost 20%. By 2025, the industry is projected to expand steadily and reach a market size of around $305 billion.

With an MBA in Fintech, you may study the core managerial and entrepreneurial abilities, including accounting, marketing, strategy, leadership, and ethics.

With financial innovations, you can be prepared for various positions in the financial sector, such as: 

  • Fintech consultant: You will advise clients on how to use fintech solutions to boost their companies’ productivity and performance.
  • Fintech entrepreneur: You’ll either launch your own fintech business or work as an early employee or co-founder at a fintech firm.
  • Fintech analyst: You will examine data and trends to spot possibilities and problems in the sector.
  • Fintech regulator: You’ll work for a non-governmental organization or governmental body that supervises and controls the fintech sector.

How can an MBA in Fintech enhance your career?

Are you considering developing your financial career? An MBA in Fintech is the way to go if you want to keep on top of things and be ready for the financial future.

As technology and finance converge daily, Fintech is expanding into a vast field of study. And you need to be able to maneuver this crossroads like a pro if you want to be in high demand in the job market. Technology in finance is the ideal degree for the future of finance in this situation!

By completing this degree, you will acquire the abilities and information necessary to transform the financial sector completely. You can move industries, grow in your current position, or specialize in marketing or finance. 

Tips for Choosing the Right MBA Program to Advance Your Career

  • Consider Your Goals

To choose a business school, you must first decide your objectives. Do you want to change industries or become an expert in a certain field of business? Are there any alternatives that intrigue you more than your current job that you may pursue instead of moving up in your current position?

You could be an excellent candidate for an MBA program if the answer is yes. Then think about whether spending thousands of dollars on an advanced degree is worthwhile when there are less expensive choices (such as taking night classes) if all that counts is receiving the degree itself.

  • Look at the Curriculum

The curriculum should be taken into account when choosing an MBA program. While some schools provide particular tracks or emphases, others provide broad business education. Be careful to examine the course offerings and select a course of study that will provide you with the abilities needed to succeed in the chosen area.

  • Consider the Location

Where you intend to live and work after graduating is one of the most crucial things to consider while selecting an MBA school. Selecting an MBA school in the city or region where you want to hunt for employment makes sense. You’ll have access to regional employment prospects and alumni networks that can assist you in getting a foot in the door at well-known organizations.

However, if you don’t care too much about this and one of your goals is to earn an MBA with little disruption, the location might not be as important to you (although some programs offer online choices).

  • Check the Rankings

Rankings aren’t everything, but they can help you gauge the caliber and standing of various MBA schools. To learn which programs are well-rated by peers and employers, consult rankings from magazines like U.S. News & World Report and the Financial Times.

Look for schools that prioritize such subjects in their courses if you wish to concentrate on entrepreneurship or innovation. If the school offers courses in leadership development, finance, accounting, marketing strategy, or international business development, all of which are helpful for entrepreneurs looking to launch their own companies or get involved in startups as employees or advisors (or both), you should also take this into account.

  • Talk to Alumni

Inquire about their experiences from program graduates by contacting the programs you’re considering. Alumni can provide insightful information on the program’s caliber, professors, and post-graduation employment options.

The Final Words

Anyone who wishes to stay at the forefront of the financial business would be advised to invest in an MBA in Fintech. This degree can provide you with the knowledge and abilities necessary to flourish in a market that is fast changing due to fintech innovations, which are altering the way we do business. 

Consider getting an MBA in Fintech if you’re prepared to advance your career and significantly affect the finance industry. The course from Imarticus Learning offers a thorough study of important business issues and hands-on experience with cutting-edge technologies, including API, Blockchain, Cloud Computing, A.I., Machine Learning, RPA, IoT, and Big Data.

The financial world of tomorrow is waiting for you!

What is a Certified Management Accountant

Posted on by Imarticus Learning

Are you attempting to advance your accounting career? Have you thought about earning your Certified Management Accountant (CMA) designation? This well-recognized certification can improve your knowledge and abilities in management accounting, financial planning, analysis, and decision-making. 

In this blog, we will discuss what a Certified Management Accountant is, the advantages of becoming one, and how to obtain this esteemed qualification. Read on to see how a CMA may advance your career and make you stand out from your colleagues, whether a fresh graduate or an established professional.

What is a Certified Management Accountant?

The accounting credential of a “certified management accountant” (CMA) denotes proficiency in both financial accounting and strategic management. The individuals who get this credential are called CMAs and are eligible for various positions, including chief financial officer (CFO) and financial controller.

Certified Managerial Accountants may work in a large range of businesses because of how diverse their skill set is. CMAs can specialize in various industries, including education, manufacturing, insurance, communication, and banking. 

However, they often work for major companies or governments. Most businesses may profit from having someone examine the finances and make judgments based on the information. 

Certified management accountants may further serve as consultants. CMAs may work with the Big Four accounting firms (Deloitte, KPMG, PwC, and EY) to advise businesses on cost accounting, mergers and acquisitions, and restructuring. 

A CMA is qualified and knowledgeable to fill various accounting, finance, and business administration positions. 

A CMA can often perform the following duties:

  • Prepare and analyze financial statements and reports
  • Develop and monitor budgets and forecasts
  • Evaluate and advise on business performance and strategy
  • Manage cash flow and working capital
  • Conduct risk assessment and internal audit
  • Implement and maintain accounting systems and controls
  • Ensure compliance with accounting standards and regulations

How to Become a Certified Management Accountant? 

  • Education

A bachelor’s degree is required. However, having a degree in accounting and finance may be helpful. Some colleges offer unique courses to assist you in becoming ready for the CMA test or programs tailored exclusively for the career path of a certified management accountant. 

Like most accountant certifications, you need two or more years of accounting-related job experience to qualify for the CMA test. Therefore, if you want to gain job experience before taking the CMA exam, having a degree in finance might assist. 

  • CMA Salary Trends

Across all designations and sectors, accountants and auditors make an average yearly pay of $83,980, according to the U.S. Bureau of Labor Statistics. However, due to their managerial abilities, CMAs could earn more money.  In reality, the median wage for CMAs was 58% greater than non-CMAs, per a 2021 Institute of Management Accountants poll. 

  • Exam

Although difficult, the CMA test is not impossible. For each part, you must diligently study and be well-prepared. The test asks you to apply your knowledge to situations from the real world and covers a wide range of topics. You can utilize various study tools and resources, including textbooks, online courses, sample exams, study materials, study aids, flashcards, etc., to prepare. To help you along the road, choose a mentor or join a study group.

Why become a Certified Management Accountant?

Career advancement opportunities are plentiful for those who become a CMA, providing significant professional and personal development benefits.

  • The CMA provides access to the corporate world

The CMA is a sophisticated, internationally recognized credential that shows competence in company financial decision-making. Because of its commercial orientation, some people prefer it to a CPA.

 The CMA is your ticket if you wish to make business choices, assist in running a firm, or have any other involvement in the business. Understanding how accounting and business interact enables you to specialize in your accounting practice.

  • The CMA advances your career

The CMA can provide an engaging, rewarding, and successful accounting career. The CMA distinguishes you from other accountants by stating your professional objectives in detail. The initials “CMA” following your name indicate that you wish to manage your finances rather than report them. 

  • Increase your network

As a CMA, you join a worldwide network of more than 140,000 CMAs in more than 150 nations. Through regional chapters, online forums, gatherings, seminars, mailings, etc., you may interact with other CMAs. The IMA also offers useful resources and services, including lobbying programs, publications on current research, and tools for professional development.

  • Live out your passion

Becoming a CMA is a terrific method to accomplish your objectives if you love accounting and want to impact the corporate world. Using your creative and analytical abilities, a CMA enables you to solve issues and add value to your firm. Additionally, having a CMA allows you to be versatile and work in any field or business that interests you.

The Final Words

An accountant with Certified Management Accountant (CMA) designation holds much more than a professional degree. This demonstrates a person’s proficiency in management accounting, financial analysis, decision-making, and strategic planning. 

By earning the CMA credential, professionals can develop careers and assume business leadership positions. The CMA certification is a mark of distinction in accounting and finance that is widely accepted and acknowledged. 

Therefore, becoming a Certified Management Accountant is a future investment worth considering if you want to realize your full potential as a financial expert and stand out in this competitive employment market.

Imarticus Learning offers the Certified Management Accountant (CMA) program – the gold standard in management accounting credentials administered by the prestigious Institute for Management Accountants (IMA), USA.  

The certified management accountant course is ideal for accountants and financial professionals seeking a competitive advantage in today’s employment market. It is designed to give advanced-level knowledge and abilities in accounting, business, finance, and analytics.

MongoDB vs. MySQL in Web Development

Posted on by Imarticus Learning

Having robust databases is one of the major characteristics entailing DevOps development. Whether conducting online transactions or streaming your favourite movie, robust databases have made us all dependent on them. 

Database management systems are now making our lives easier. Database management is now the pinnacle of backend development. This has made the jobs of full stack developers easier and has also encouraged technological dependency. 

However, developers are often torn in the decision-making process of which database to use for backend development. Be it MongoDB or MySQL, the debate has been continuing for decades. 

In this article, let’s do a comparative background check on MongoDB and MySQL; which is better, which provides a much more agile database and many other important details. 

What are MongoDB and MySQL? 

MongoDB is a popular open-source database that is a compound of MySQL and other robust databases. It creates and stores documents in a binary JSON file or a Javascript Object Notion. MongoDB can seamlessly transfer data between servers to different web applications at ease. Using MongoDB is the correct choice when the user requires robust storage capacity with speed. 

MySQL on the other hand is an open-source database with RDBMS characteristics. Built by Oracle Corporation, the database focuses on storage in a tabular format. The database is compatible with different kinds of operating systems like Linux, Windows, Apple, FreeBSD and Unix. 

MongoDB and MySQL: Similarities and Differences 

Both being open source databases, MongoDB and MySQL there are certain similarities as well as differences between the two. Let’s find them out to improve backend development. 

Similarities 

As mentioned above, being open-source databases, both are remotely similar to one another. They are: 

  • Both are database management systems or DBMs. 
  • Both save data on a computer system or network laying the foundation for different web applications. 
  • Both databases support Python, Java, Node.js and Server-side PHP. 
  • Both MongoDB and MySQL enable organisations to modify, deploy, and distribute different cloud-based applications. 
  • For both databases, the code is free to use for anyone and easy to distribute as well. 

Differences 

Despite all the similarities MongoDB and MySQL possess, there are several differences between both databases. They are: 

  • MongoDB is a document-based, non-relational database management. On the other hand, MySQL is a table-based system with an open-source relational database. 
  • MongoDB is made to supplant MySQL for seamless working. MySQL on the other hand is itself searchable and accessible with other data sets. 
  • MySQL has a rigid architecture which suffices business entities adequately. MongoDB, on the other hand, does not have a rigid architecture and can be used for individual user interfaces and commercial purposes. 

MongoDB and MySQL: One-on-one Comparison 

MongoDB and MySQL are the most robust open-source databases that have made lives easier for decades. However, an underlying difference between both lies. People often fall into a dilemma about the correct decision. Here is a one-on-one comparison between the two. 

Feature MongoDB  MySQL 
Data Structure  Stored in unrelated JSON documents.  Stores individual records in forms of credit in a tabular format. 
Schema  The database does not require any prior schema.  Requires a schema definition for the database to organise in a tabular format. 
Languages  Supports a JSON Query language for seamless database management.  Only uses Structured Query Language or SQL. 
Foreign Key  MongoDB is not accustomed to the usage of foreign keys, hence it is not supported.  Is a much more flexible open-source database supporting foreign keys. 
Replication  Facilitates sharding as well as replication.  Supports only master-slave replication and master replication. 
Scalability  Scaled both vertically as well as horizontally.  Scaled only vertically. 
Joint Operations  MongoDB is not well-versed in joint operations.  MySQL is very flexible and supports joint operations. 
Performances  MongoDB is only optimised for written performances.  MySQL is flexible and hence can be optimised for high performances across multiple tables. 
Risks  Due to the absence of schema, there are no chances for severe attacks.  Prone to different kinds of SQL injection attacks. 
Community Support  There are more than 177,000  repositories and 923,000 committed on GitHub for MongoDB. These numbers are subject to increase from time to time.  There are almost more than 222,000 repositories with around 7 million commits on GitHub for supporting MySQL. These numbers are substantially increasing day by day. 

When to use MongoDB and MySQL? 

MongoDB and MySQL are both one of the best open-source database management systems as per industrial standards. However, both of these are used for commercial purposes and both are real winners in the business field. However, the choices we make among these two would solely depend upon our project needs and goals. Let’s see those. 

When to use MySQL?

MySQL is a very flexible open-source database management system that can enhance business growth.  They are: 

  • If one is starting a business, MySQL is a great tool since the database is non-scalable. 
  • If the database structure is rigid and not prone to change, MySQL is the ultimate choice. This is because MySQL has a fixed schema. 
  • If someone has a high transaction rate either individually or commercially, MySQL would be a fit choice. 
  • If data security is one of the top priorities, MySQL comes in handy in such situations. 
  • If one is looking for better database support other than MongoDB, MySQL can help one out with its flexibility. 
  • If one is working with legacy applications requiring multi-row transactions and has a clear and structured schema, MySQL is the optimal choice. 
  • If one is looking for finding solutions to common problems, MySQL can be termed as a viable option. 

When to use MongoDB? 

Despite its rigid data structure, MongoDB is also a viable option in certain cases. How? Let’s find out. 

  • If one is looking for high data availability with automation and instant data recovery, MongoDB is the optimal choice. 
  • If one is working with an unstable schema and looking for ways to lower the cost of schema migration, MongoDB is the correct choice. 
  • If one’s services are cloud-based, MongoDB would be very feasible in that case. 
  • If one wants to speed up their business development, MongoDB seems like a viable option. 
  • While working with real-time analytics, IoT and mobile applications, MongoDB would be a great choice to segregate structured and unstructured data that has rapid growth potential. 

Conclusion 

For being a full stack developer, one has to keep in mind the credibility of both MongoDB and MySQL. Making a viable option for DevOps development is an elementary skill in being a backend developer or a full stack developer. 

If you are looking for a feasible programme for learning backend development, check out Imarticus Learning’s Full Stack Developer Pro Course. You can get guaranteed job opportunities through robust real-world solutions. You can learn special skills in end-to-end development, data structuring, Java programming and other important features.