Navigating the complex world of derivatives trading: Understanding the risks and rewards

Stepping into the world of derivatives trading can be like entering a labyrinth. The path is complex, filled with potential turns, dead ends and hidden treasures. It’s not an arena for the faint-hearted, but with a solid understanding of the risks and rewards, it can be a place of significant opportunity. This blog post is your compass, your guide to navigate this intricate maze successfully. Let’s embark on this journey of understanding derivatives trading together.

What are derivatives?

Derivatives are like maps that depict the potential future. They are financial contracts whose value is derived from underlying assets like stocks, bonds, commodities, currencies, interest rates and market indexes. Derivative trading involves buying and selling these contracts in the derivatives market.

Types of derivatives: The different routes to explore

There are different types of derivatives you can trade. Options give you the right, but not the obligation, to buy or sell an asset at a set price before a certain date. Futures contracts, on the other hand, obligate you to buy or sell an asset at a predetermined price and date. Then, there are swaps that involve exchanging cash flows or liabilities between two parties.

Risks and rewards of derivative trading: The storms and treasures

Derivative trading can be rewarding, but it also carries risks. You could make a profit if the market moves in your favour. But if it doesn’t, you could incur losses. Remember, in the derivatives market, high returns often come with high risks.

The importance of risk management: Your safety measures

Just as a ship needs safety measures to handle storms, you need risk management strategies in derivative trading. These could involve setting stop-loss orders, diversifying your portfolio and regularly monitoring market trends. A well-planned strategy can help you navigate the risks of the derivatives market.

Derivative trading strategies: Your navigation techniques

There are various strategies you can use in derivative trading. Hedging allows you to protect your portfolio from adverse price movements. The speculation involves taking advantage of expected price movements. Arbitrage involves making profits from price differences in different markets.

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Understanding these strategies can help you navigate the complex and exciting world of derivative trading. But remember, just like a good sailor needs training, you need education and experience to succeed in the derivatives market. Consider enrolling in an investment banking course to enhance your understanding of the derivatives market and develop your trading skills.

The mechanics of derivative trading: Understanding the instruments

Before you can confidently navigate the derivatives market, you need to understand the mechanics of derivative trading. Each derivative contract is like a different instrument on your ship, and knowing how to use them properly can make your journey smoother.

For instance, options contracts come in two forms – calls and puts.

A call option allows you to buy an asset at a set price within a specific time frame, whereas a put option gives you the right to sell an asset. Understanding the intricacies of these contracts, such as strike price, expiration date and premiums, can help you make informed decisions in derivative trading.

Similarly, futures contracts obligate the buyer to purchase an asset and the seller to sell an asset at a predetermined future date and price. The contract details the quality and quantity of the underlying asset. Getting to grips with the specifics of these contracts can be crucial in your derivatives trading journey.

Decoding market indicators: Your navigation charts

Just like a ship relies on navigation charts to plot its course, you need to decode market indicators to navigate the derivatives market. These indicators can give you insight into potential market trends and price movements.

For example, a high trading volume can indicate strong investor interest in a derivative contract, while sudden changes in open interest could signal upcoming price shifts. Analysing these indicators, along with other market data, can help you steer your investment decisions in the right direction.

The role of brokers in derivative trading: Your trusty first mate

Brokers play a significant role in your derivative trading journey. Think of them as your first mate, assisting you in your voyage through the derivatives market. They facilitate your trades, provide you with valuable market insights and offer tools to manage your investment portfolio.

However, it’s important to choose a broker who best suits your trading needs. Consider factors such as their brokerage fees, the user-friendliness of their trading platform and the quality of their customer service. An efficient broker can greatly enhance your trading experience.

Navigating the complex market seamlessly

Stepping into the world of derivative trading can feel like embarking on a challenging voyage. But with the right knowledge, skills and strategies, you can navigate this complex market successfully. If you’re ready to set sail on this journey, consider taking the first step with the Certified Investment Banking Operations Programme offered by Imarticus. This comprehensive course will equip you with a deep understanding of derivative trading, helping you steer your investment vessel through the rough and calm waters of the derivatives market. Learn more about the course here.

10 Future Trends In Game-Based Onboarding

Organisations have realized that new employees need to be onboarded seamlessly for the success and satisfaction of both parties. It involves introducing them to the culture, values, and expectations of the company. It also includes providing the necessary knowledge and skills to excel.

In recent years, game-based onboarding trends have gained traction. It is a big change from the traditional onboarding process. This is an innovative approach to make the onboarding experience more engaging, interactive, and impactful.

10 Future Trends In Game-Based Onboarding

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Game-based onboarding is gaining popularity by the day. Here are the 10 future trends in game-based onboarding:

Immersive Virtual Reality (VR) Experiences

Game on! Immersive VR experiences are changing the game in onboarding. With VR technology, new employees can virtually experience their work environment.

They can also interact with colleagues, and tackle tasks. It’s like stepping into a virtual world where they learn by doing. This lifelike experience boosts engagement, knowledge retention, and skill development during onboarding.

Gamified Assessments and Simulations

Get ready for some fun! Gamified assessments and simulations are revolutionising how organisations evaluate candidates during onboarding.

Instead of boring assessments, gamification spices things up. Simulations provide realistic job previews. They also allow candidates to show off their skills in a simulated work environment.

Mobile-First Onboarding

Say hello to mobile-first onboarding. With smartphones everywhere, organisations are going mobile.

Onboarding content and activities are delivered in bite-sized portions, accessible anytime, anywhere. New employees can conveniently engage with onboarding materials on their mobile devices.

Microlearning and Just-in-Time Training

Small is mighty! Microlearning is gaining popularity in onboarding. Instead of overwhelming newbies with long training sessions, it serves up short and focused modules. These modules tackle specific learning goals.

Just-in-time training takes it further by providing resources and support when employees need them.

Social and Collaborative Learning

Let’s team up! Onboarding is getting more collaborative and social. Social learning platforms and collaborative tools are making it happen.

New employees can connect with colleagues, seek guidance, and join group discussions. This collaborative approach builds a community.

Personalised Learning Paths

You’re unique! Personalised learning paths are the name of the game in onboarding.

Every employee has different learning needs, and organisations are recognising that. By tailoring the onboarding experience, new hires get the training and resources they need to succeed. Personalised learning considers prior knowledge, skills, and preferences.

Storytelling and Narrative-Based Onboarding

Once upon a time…

Storytelling takes centre stage in onboarding. It’s all about creating an emotional connection between new employees and the organisation. Through narratives, organisations share their values, history, and culture in a captivating way.

Stories help newbies grasp the company’s vision and mission while fostering a sense of belonging.

Gamified Progress Tracking and Rewards

Level up! Gamified progress tracking and rewards keep motivation high during onboarding. New employees can see their progress visually and get rewarded for their achievements. Badges, points, and leaderboards make the process fun and rewarding.

Data-Driven Onboarding Analytics

Data-driven success! Data analytics is the secret sauce for optimising onboarding. By analysing metrics and feedback, organisations get insights into employee performance, satisfaction, and retention.

This data-driven approach helps make improvements that align with employee needs and drive positive outcomes.

Virtual Onboarding Events and Gamified Challenges

Virtual vibes! Virtual onboarding events are the new norm in remote work. These events bring gamified challenges and activities to the virtual realm. New hires can join team-building exercises, solve puzzles, and collaborate on projects through virtual platforms.

What’s Next? 

So, get your game face on! Embracing these game-based onboarding trends will create a positive and impactful onboarding experience. It’s all about setting the stage for the success of new employees and creating a win-win situation for everyone involved. Let the games begin!

Imarticus Learning can help you and your workforce stay ahead of the curve with its top-quality courses. Click here to know more.

US CMA Programme: Duration, Fees, Syllabus

The Certified Management Accountant (CMA) program offered by the Institute of Management Accountants (IMA) in the USA is a prestigious certification that provides numerous benefits to professionals in the field of accounting and finance. 

A CMA leads the accounting and finance aspect of an organisation as opposed to accountants who are only responsible for primarily tax and auditing. A CMA’s portfolio also includes financial analysis, decision-making, and risk management.

If you are a prospective candidate of the US CMA programme, searching for exam-related details, this blog is for you. Read on to learn all about the CMA exam duration, fees, and syllabus. 

Exam duration

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The CMA exam takes about 12-18 months to be completed depending on the candidate’s skill, focus and dedication. However, the US CMA Coursemust be completed within 36 months or 3 years from registering with IMA.

The Part 1 and Part 2 exams can be taken thrice a year. The three testing windows are – 

  • January-February
  • May-June
  • September-October

Exam fees 

The CMA USA programme fees vary depending on whether the candidate is a professional member or a student/academic member of IMA. The IMA membership is different for a professional as opposed to a student.

For professional members, the total cost of the US CMA programme, including the entrance fee, Part 1 and Part 2 fees, and the IMA membership fee, is $1,460. On the other hand, for student/academic members, the total cost is $1035. Candidates are required to pay separately for each part of the exam.

The CMA entrance fee is non-refundable. However, the exam fee is refundable within 30 days of payment if the candidate has not scheduled his exam with the Prometric.

Fees breakdown

Candidate Type Fee Type Fees
Professional Members IMA Registration fee $260
Entrance fee $280
Exam fee $460+$460 = $920
Student/Academic Members IMA Registration fee $135
Entrance fee $210
Exam fee $345+$345 = $690

US CMA exam syllabus

The US CMA programme syllabus covers 12 core competencies required for a CMA to succeed professionally. The exam is held in 2 parts, each covering 6 areas of accounting and finance. 

Part 1 is broadly focused on Financial Planning, Performance, and Analytics and covers external financial reporting decisions, performance management, planning, budgeting, and forecasting, cost management, technology and analytics and internal controls. 

Part 2 is focused on Strategic Financial Management and covers financial statement analysis, corporate finance, decision analysis, investment decisions, risk management, and professional ethics.  

Area Weightage

The tables below list the areas included in Part 1 and Part 2 and the weightage each carries in the CMA exam.

Part 1

Financial Planning, Performance and Analytics Weightage
Planning, budgeting and forecasting 20%
Technology and analysis 15%
Cost Management 15%
External financial reporting decisions 15%
Performance management 20%
Internal controls 15%

Part 2

Strategic Financial Management Weightage
Investment decisions 10%
Financial statement analysis 20%
Risk Management 10%
Corporate finance 20%
Decision analysis 25%
Professional Ethics 15%

The CMA exam is computer-based. Each part comprises 100 multiple choice questions or MCQs and 2 essay-based questions. The US CMA programme tests a candidate on 500 in each part of the exam, for which they must score a minimum of 360 in each part to pass. 

Career scope of US CMA

The CMA is an ‘A’ level certification accorded by the IMA and is globally accepted by leading financial organisations and businesses. A CMA has a plethora of career scopes available. Some job profiles a CMA is eligible for include Finance Manager, Treasurer, Finance Controller, Senior Analyst, Budget Analyst, Internal Auditor, and Cost Accountant. 

A CMA certification can land job roles in prestigious companies like Deloitte, PwC, Barclays, Morgan Stanley, JP Morgan Chase, and HP. An entry-level CMA in the US can earn $79,534 on average. The figure increases with an increase in experience. A senior CMA with more than 8 years of experience can earn up to $141,356, while the average salary of CMAs is around $113,799 annually.

Responsibilities of a CMA

Some core responsibilities of a CMA in the US are:

  • CMAs are frequently responsible for analysing financial data, formulating budgets, and predicting future financial performance.
  • CMAs play a key role in monitoring and managing the performance of various departments within an organisation.
  • CMAs are knowledgeable in cost accounting procedures and are crucial in analysing and managing organisational expenses.
  • CMAs are responsible for building and maintaining effective internal control systems to protect assets, ensure regulatory compliance, and manage risks.
  • CMAs contribute to the planning and implementation of strategic financial plans.
  • CMAs ensure that accounting standards and regulatory obligations are met and offer stakeholders information on financial performance.
  • CMAs frequently function as management’s business partners, offering financial analysis and support for decision-making processes. They assist in evaluating the financial impact of various company activities, risk assessment, financial modelling and scenario analysis.

Conclusion

The best way to begin your journey as a CMA is to enrol in a CMA prep course. Imarticus’s Certified Management Accountant course covers all the 12 core skills extensively required to ace the CMA exam. Join today to prepare better for the US CMA programme!

The Role of MongoDB in Building Scalable and Flexible Database Systems

Introduction

The world is going through a highly data-driven phase. Everyone is trying to make the most out of their data. Data to help you decide on present and future strategies have become the backbone of most organisations. This is the case irrespective of the size of the organisation. So, you need organised and easy-to-access information or otherwise known as a database.

A database is defined as a structured set of information that is stored with the aim of fast retrieval and usage. There are a lot of tools to organise your database in the market. So how do you decide which one is better for you?

Currently, MongoDB is gaining popularity in the industry as one of the best database management tools. If you want to know more about data structures, MongoDB, and how to become a full-stack developer, then read on.

What is MongoDB?

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When we ask the question What is MongoDB, we are interested in Data structuring. MongoDB is a No-SQL database program that helps to manage the data. It is an open-source database program that helps you to work with large quantities of dispersed data. It uses a flexible horizontal scale-out system for storing the data.

MongoDB provides a simple option for developers to learn and use the sorting and management of larger quantities of data. Along with this, it also meets your needs to work on more complex data sets at any scale. MongoDB also provides drivers for more than 10 coding languages. Since it is an open-source platform, you can also twitch it according to your requirement.

Role of MongoDB

MongoDB offers immense scalability that helps your data to grow. Since the data is stored in the form of documents, it helps you to create a flexible database that can be tweaked according to your requirement. MongoDB is a very high-powered query language which makes it easier for users of any skill level to use it. the users can easily access complex information. The flexible model of MongoDB helps you to utilise the full potential of a high-scale dataset.

MongoDB helps you to build scalable and flexible database systems. The Role of MongoDB is to provide various features for real-time analytics. The analytics includes text search, aggregation pipelines and geospatial queries.  This aids you to get real-time deeper insights from big data. it makes it easier for users to recognise trends and patterns to ensure informed decision-making.

The role of MongoDB in building scalable database systems is enhanced by its ability to integrate well with various big data platforms. MongoDB can be well-integrated with platforms such as Spark and Hadoop. With this, users can easily analyse and process data across various systems. It makes the management and analysis of big data easier when it comes to larger datasets.

Why choose Imarticus Learning?

Imarticus Learning offers a full stack developer pro course where you can learn the Role of MongoDB along with the knowledge about data structure and algorithms. Our course will help you to understand the basics in this 6-month program for a successful career as a full-stack web developer. You will get to learn technical knowledge of front-end and back-end programming. You will get 350 hours of rigorous instruction with 100 hours of doubt resolution.

The industry-ready curriculum includes subjects like:

Data structures and algorithms

Introduction Programming

Data structures

Algorithm

Back-end development, databases, and DevOps

Front-end Development

You also get services like:

Placement: With more than 500 hiring partners, the course comes with an assurance of placement. We offer 10 guaranteed 10 interviews to each candidate with a minimum salary of 3-6 LPA or we will refund your fees.

Dedicated career services: We also provide resume development, profile enhancement, interview preparation workshops, and one-on-one career counseling.

Live learning: We also help you to establish a DSA and full-stack development foundation through online live interactive courses while the teaching assistants will lead hands-on projects and practice sessions.

Hackathon and coding challenges: The course also comes with a chance to participate in Coding hackathons which help you to tackle complex business problems. It helps your resume to stand out.

Attractive project portfolio: You also get to work on multiple projects to build a robust project portfolio. It gives your resume a boost in front of the potential employers.

Students in their final year, graduate or post-graduate students from STEM backgrounds can apply for this course.

Experienced professionals (0-3) in non-development IT roles can also apply. At least 1 programming language is mandatory for admission.

You will learn about tools and technologies like:

MongoDB

PostgreSQL

Docker

HTML

Jawa

JS

NodeJS

ExpressJS

MongoDB

GIT

CSS

Bootstrap

JavaScript

jQuery (light)

ReactJS

Cloud-AWS

Kubernetes

Our alumni work at:

J.P. Morgan

Samsung

pwc

Swiggy

Rapido

Tesco

Walmart

Amazon

Slice

Capgemini

Accenture

To know more about the course, click here.

An Introduction to Warehouse and Order Management

Warehouse and order management are critical components of supply chain operations, ensuring efficient goods flow and storage. Warehousing simply means working on where and how to keep goods before they are delivered directly to customers or shops or before being displayed. 

Order management, on the other hand, deals with the entire process starting from order placing to order delivery.

Employing the best warehouse and order management practices is essential for businesses, regardless of their size, to optimise space use, minimise time lost in finding items, maintain optimal product condition and avoid delivery delays. 

This article will answer what is warehouse order management and discuss in detail its importance, fundamental principles, and best practices.

Introduction to warehouse operations and management 

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Warehouse management entails effectively controlling and optimising numerous activities within a warehouse facility. Its primary goal is to guarantee that products move smoothly from receiving and storing to collecting, packing, and shipping. Efficient warehouse management reduces inventory holding costs, optimises space usage, and improves processes pertaining to the completion of orders.

Key functions of warehouse management

The primary tasks involved in warehouse management include : 

Receiving: Incoming items are inspected and recorded, quantities and quality are verified, and inventory records are updated. Accurate and timely receiving improves inventory accuracy and allows for efficient planning of subsequent warehouse operations.

Inventory and Storage Management: Warehouse managers must strategically plan and store products to maximise space utilisation and enable effective order pickup. Inventory management systems are used to keep track of stock levels, monitor replenishment requirements, and avoid stockouts or overstock situations.

Order Picking: The process of removing products from storage locations to complete customer orders is known as order picking. It entails using effective picking methods such as batch picking, zone picking, or wave picking to boost production and reduce trip time inside the warehouse.

 Packing and Shipping: Orders must be carefully packed after they are picked to ensure that the goods are not compromised during shipment. Warehouse management involves packaging, labelling, and working with shipping carriers to ensure on-time and precise order delivery.

An overview of order management

Order management deals with the entire process of receiving, processing, and filling client orders. Coordination among other divisions, such as sales, inventory, and logistics, is required to maintain smooth order flow and customer satisfaction.

Key components of order management

Order Processing: Order processing includes processes such as order entry, validation, and verification, as well as customer information, product availability, and pricing. Efficient order processing ensures accuracy, minimises errors, and allows for timely order fulfilment.

 Order Fulfilment: Order fulfilment involves collaborating on the collection, packing, and shipping processes within the warehouse. The aim is to provide clients with accurate items, on schedule and in perfect condition.

 Order Tracking and Customer Communication: Providing customers with real-time order tracking information is an integral part of order management. Effective communication about order status, shipment tracking information, and anticipated delays increase customer satisfaction while minimising queries.

Returns and Exchange Management: Order management includes handling of product returns, exchanges, and refunds. Streamlining the refund and exchange process and managing customer expectations increase consumer loyalty while reducing operational disruptions.

Best practices in warehouse and order management

Implementing the best warehouse and order management practices ensures the overall improvement of operations, safety, productivity, space utilisation and inventory control. Given below is a list of the best practices that can help businesses manage the entire process efficiently.

  • Warehouse Management Systems (WMS) Implementation: WMS software automates and optimises warehouse operations, promoting inventory accuracy, order fulfilment efficiency, and overall productivity. 
  • Using Technology: Employing technology like barcode scanning, RFID (Radio Frequency Identification), and automation systems improves inventory visibility, minimises errors, and accelerates order processing. 
  • Continuous Process Improvement: Reviewing warehouse and order management procedures regularly, finding interruptions, and adopting process changes can result in increased operational efficiency and customer satisfaction. 
  • Collaboration and Integration: Effective warehouse and order management requires seamless coordination and information exchange among multiple parties involved, including suppliers, manufacturers, and transportation providers.

Conclusion

Warehouse and order management are essential elements of supply chain operations, ensuring that commodities are delivered from suppliers to clients promptly and efficiently. Businesses may optimise their operations, improve customer experience and satisfaction, and gain a competitive advantage in the market by knowing the fundamental concepts and best practices in the warehouse and order management.

Imarticus Learning and E&ICT and IIT Guwahati offer advanced certification in Digital Supply Chain Management. The course specifically trains SCM professionals in using technology in logistics, procurement, inventory and vendor management. The new-age digital programme has an industry-focused curriculum and offers the unique opportunity to learn from real-life case studies.   

Types of Capital Markets: Debt, Equity, and Derivatives

Welcome to the exciting world of capital markets! 

Companies can raise money by selling securities to investors on the capital markets. If investing interests you, you should know many securities categories in capital markets. 

Derivatives can be used to leverage holdings, speculate on the direction of an underlying asset’s movement, and hedge a position. The largest selection of global benchmark products is offered by CME Group exchanges across all significant asset classes based on interest rates, equities indices, foreign currency, energy, agricultural goods, and metals.

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Debt, equity, and derivatives are the three basic categories of securities that comprise capital markets. Understanding the fundamentals of these assets is crucial for making wise financial decisions, regardless of your experience level. So let’s dig in and learn the types of Capital Markets and the intriguing world of capital markets.

What are capital markets? 

In a capital market, long-term financial assets like stocks, bonds, and derivatives can be bought and sold by people, businesses, and governments. It is a market where organizations may issue and sell these financial assets to investors prepared to invest in them to obtain money for their long-term investments or initiatives. 

The capital market lets investors invest in companies, governments, or other organizations to earn returns on their capital over a long period. By facilitating the flow of money to where it is required, it plays a crucial role in the economy by enabling businesses to grow, generate jobs, and contribute to the advancement of society.

Functions of the Capital Market

Rising interest rates and the bond market can significantly affect investors’ portfolios.

  • Switching from savings to long-term investing
  • Reducing transaction and information costs
  • Encourage the owner of productive assets
  • Engaging in secondary trading protects price and market risk.
  • Rapid analysis of financial indicators like shares and debentures
  • Settlement of a transaction according to a specified deadline or timetable

Types of capital markets

  • Debt Capital Markets

In the debt capital markets, borrowers and lenders come together. The term “borrower” refers to someone who needs money for a certain purpose and agrees to repay it with interest. Those with money to lend and expect to receive interest and principal repayments are known as lenders. 

Bonds and loans are the two most typical types of debt securities. Governments, businesses, and other organizations issue bonds to attract capital from investors. Loan agreements establish the terms banks lend borrowers the money for a certain use.

Debt capital markets’ fundamental benefit is that they give borrowers a reliable source of finance and lenders a steady income stream. The primary drawback is that they put both parties at risk of default, which occurs when the borrower cannot repay the loan.

  • Equity Capital Markets

The equity capital market is the marketplace for buying and selling corporation ownership interests. Buyers desire to acquire a stake in a business and gain from its expansion and success. People who want to sell their company shares to raise money are known as sellers.

Stocks and IPOs are the two most prevalent types of equity securities. Stocks are ownership interests in a corporation traded over the counter or on stock exchanges. Initial public offerings, or IPOs, are when a firm first sells its shares to the general public.

The advantages of investing in equity markets are that they provide businesses access to significant sums of money and give investors a chance to share in their success. The biggest drawback is that both parties are exposed to the risk of volatility, which means that the share price may change dramatically.

  • Derivatives Capital Markets

A financial contract type whose value is based on an underlying asset, collection of assets, or benchmark is referred to as a “derivative.” A derivative is agreed upon by two or more parties who can trade it over the counter (OTC) or on an exchange.

These contracts have risks and may be used to trade a wide range of assets. Derivative prices are based on changes in the underlying asset. These financial instruments can be exchanged to reduce risk and are frequently used to access certain markets. 

Using derivatives can be used to either incur risk with the hope of receiving a similar reward (speculation) or to minimize risk (hedging). The risk-averse can transfer risk (and the associated profits) to the risk-takers through derivatives.

The real benefit of capital markets for derivatives is that they give traders and speculators a means to control their risk and profit from market swings. The biggest drawback of these transactions is that both parties are subject to the risk of leverage, which implies that they might magnify their earnings or losses by utilizing borrowed funds.

Your risk tolerance, investment horizon, and financial objectives are a few variables that will determine the best market for your investing objectives. The debt market might be a smart choice for you if you’re seeking a reliable source of income with minimal risk. 

The equities market could be more your style if you’re ready to take on greater risk in exchange for the possibility of bigger rewards. And the derivatives market can be interesting to investigate if you have a thorough grasp of financial markets and a high-risk tolerance.

The Final Words

It’s possible to increase your wealth over time by investing in the capital markets, but it’s crucial to comprehend the many market kinds and their dangers and benefits. You may limit your risk and enhance your rewards by investing in a diverse portfolio across many markets. 

Investing is a long-term endeavor, so exercise patience and adhere to your investment plan. Anyone can become a successful investor with a little training and commitment. With the Advanced Management Program from Imarticus Learning, you can harness the potential of capital markets and financial services. High-performing middle management professionals ready to restart their financial services careers are the target audience for this 6-month intensive program. 

A Career Guide to Becoming a Financial Analyst

Becoming a financial analyst may be a potential career path for anyone with a business mind, a big-picture vision, and good communication abilities. Financial analysts can operate in various businesses, examining economic patterns, making projections, and advising on investments and other financial matters. 

According to the Bureau of Labour Statistics, the job market of Financial Analysts is expected to grow 9% between 2021-2031, faster than the average projected growth of other occupations. A career in financial analysis, thus, can be both profitable and gratifying in the current job market. 

If you are wondering how to become a Financial Analyst, this article is the right place to start. Read on to learn the steps in detail.

A step-by-step guide to becoming a Financial Analyst

Financial Analyst Course

People with strong analytical minds, attention to detail, mathematical and software knowledge and enthusiasm for finance are perfect for this job role. 

Here is a non-exhaustive guide on how to become a Financial Analyst

Step 1: Get the relevant bachelor’s degree

Earning a degree in finance, economics, statistics, accounting, or any other related field is the first step to carving a future as a Financial Analyst. While general courses are the usual choice, pursuing a targeted degree or enrolling in a programme in financial analysis from a reputed institute can also be beneficial. 

Step 2: Acquire relevant work experience

It is critical to have appropriate work experience in the sector or related areas like finance, accounting, business and economics after receiving a bachelor’s degree. A hands-on experience can give an edge to your CV in gaining attention from top recruiters.

Many financial analysts begin as financial analysts, data analysts, or junior analysts and work gradually up to higher-level positions. Many analysts advance to management or supervisory positions after several years of expertise.

Step 3: Develop analytical and technical skills

Financial analysts should have analytical minds and be detail-oriented in their research. They need strong math skills and computer literacy, as analysts use software to analyse financial data and create reports. They must also have excellent communication skills to explain financial data to non-financial stakeholders. 

Step 4: Obtain the necessary certification

Professional certifications such as the Chartered Financial Analyst (CFA) credential or the Financial Risk Manager (FRM) accreditation can bolster a financial analyst’s career and increase their earning potential significantly. These qualifications, however, necessitate passing tough exams and gaining relevant work experience.

Step 5: Customise your resume and cover letter

When applying for financial analyst positions, ensure your CV and cover letter are tailored to the job criteria. Draw attention to your relevant education, professional experience, and technical skills, and demonstrate how your expertise can be a valuable addition to the organisation. There are plenty of online resources available to assist you in designing a powerful resume that will help you ace interviews.

Financial Analyst salaries and demand

The market demand for Financial Analysts has been gaining momentum over the years. Their skills make them highly sought-after in various industries. Rapid globalisation is another contributing factor to their rising demand. 

Businesses require the services of a Financial Analyst to filter huge amounts of information to give appropriate recommendations. A financial analysis professional needs to have sound knowledge of geo-political situations, industries, and economic and global trends. 

A lucrative career with satisfying earning potential, the starting annual salary of a Financial Analyst in India is about ₹2.1 lakh which can go up to ₹12 lakh as one progresses up the ladder. The average annual salary stands at around ₹4 lakh. This can go up as you gain experience and expand your career.

Must-have skills of a Financial Analyst

Apart from educational qualifications and work experience, a financial analysis professional must also master certain soft skills. Since analysts must collaborate with financial departments, among others, having the necessary people skills is a must. This will ensure that they can communicate their analysis and recommendations effectively.

Some of the soft skills a Financial Analyst must have are:

    • Critical thinking – Making the best use of their faculties during times of financial distress to give unique and effective ideas and solve problems.
    • Research – Conduct detailed research into industry trends and markets to draw conclusions.
  • Analysis – Evaluate systems and structures to assess where and how they can be improved.
  • Communication – Capacity to exchange information and ideas with others in a clear and concise manner.

Conclusion

The financial analysis field is highly competitive. Apart from requiring a combination of educational qualifications, skills and experience, a Financial Analyst must have problem-solving skills and the ability to perform well under pressure. If you tick all the right boxes, this is the career for you.

Imarticus’ Financial Analysis Prodegree, in collaboration with KPMG, can help you achieve your ambition. This programme in financial analysis is well-suited for candidates looking to build a career in investment banking, corporate finance and private equity. 

Visit their website for more course-related details.

Cloud Security Posture Management – An Overview

Cloud security is more crucial than ever in today’s digital environment, where the majority of businesses rely on cloud services for their crucial operations.

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Businesses must make sure that their cloud environment is secure and resistant to potential threats as data breaches and cyberattacks continue to rise. A strong cloud security strategy ensures compliance with industry standards and regulations as well as protection against unauthorised access and data theft.

Businesses can maintain high levels of availability and uptime thanks to cloud security, which guarantees that their customers will always be able to access their vital applications and services.

Cloud Security Posture Management: What is it?

The proactive and automated monitoring and management of cloud security risks are known as Cloud Security Posture Management (CSPM). The cloud infrastructure of an organisation, including applications, data, and resources, can be scanned by CSPM solutions for security threats, configuration errors, and compliance problems. Businesses can prioritise security risks, gain visibility into their cloud security posture, and take action to fix vulnerabilities before they can be exploited with the aid of CSPM solutions.

Since it helps to reduce security risks, ensure compliance, and maintain business continuity, cloud security posture management is essential for companies operating in the cloud environment. Businesses can reduce the risk of data breaches, proactively identify and fix security issues, and shield sensitive information from unauthorised access by utilising CSPM solutions. Additionally, CSPM solutions assist businesses in adhering to legal and regulatory compliance standards like PCI-DSS, HIPAA, and GDPR in order to save money on costly fines and penalties.

CSPM solutions also give companies the ability to maintain high levels of availability and uptime, guaranteeing that their customers can always access their vital applications and services.

Benefits of Cloud Security Posture Management

Proactive threat identification: CSPM solutions enable businesses to take preventative action by using artificial intelligence and machine learning algorithms to identify potential security threats and vulnerabilities in real-time.

Automated compliance: By automating compliance checks and providing reports on compliance status, CSPM solutions assist businesses in achieving and maintaining compliance with industry regulations and standards, such as PCI-DSS, HIPAA, and GDPR.

Enhanced visibility: In-depth visibility into the cloud environment, including applications, data, and resources, is provided by CSPM solutions, assisting companies in spotting security risks and configuration issues before they can be exploited.

Rapid incident response: CSPM solutions help businesses respond quickly to security incidents while cutting down on the time and expense involved by delivering real-time alerts and automating incident response procedures.

Cost savings: By identifying and removing superfluous or redundant security measures, such as unused or improperly configured resources, CSPM solutions can assist businesses in lowering the costs associated with security.

Improved collaboration: By offering a single, centralised view of the cloud environment, CSPM solutions encourage cooperation between security teams and other business units, facilitating improved communication and collaboration on security-related issues.

Competitive advantage: A solid CSPM strategy can give an organisation a competitive edge by showing customers and stakeholders that a company takes security seriously and has the necessary safeguards in place to protect its sensitive data.

Ensuring Effective Cloud Security Posture Management

Assess your current security posture

Start by performing a thorough security assessment of your cloud environment, including its resources, data, and applications. This will assist you in locating any potential security risks and issues that need to be fixed.

Establish security policies and procedures

Define and put into practice security policies and procedures that are in line with your corporate objectives and legal obligations. Policies for access control, data security, and incident response should be included.

Use CSPM solutions

Use CSPM tools that make use of automation and artificial intelligence to quickly identify and address security risks. Utilising tools for compliance monitoring, vulnerability scanning, and configuration management are examples of this.

Train your staff

Inform your staff about best practices for cloud security, and give them the tools and training they need to spot and report security incidents.

Regularly monitor and test your security posture

To make sure that your cloud security posture remains effective over time, monitor and test it frequently. This entails routinely carrying out security audits, penetration tests, and vulnerability assessments.

Respond to incidents

Establish a plan for responding to security incidents that is well-defined and outlines the steps to be taken. This covers the protocols for containing the incident, estimating the damage, and informing the pertinent stakeholders of the incident.

Continuously improve

To make sure that your CSPM strategy remains effective over time, continually assess it and make improvements. This entails keeping up with new security threats, updating policies and procedures as necessary, and putting money into innovative tools and technologies to strengthen your security posture.

Conclusion

CSPM is an essential component of a comprehensive cloud and network security strategy that helps businesses to safeguard their data, maintain the trust of their customers, and achieve their business goals.

If you are aiming for a career in cybersecurity, you can check out the Post Graduate Cyber Security Couse by Imarticus.

Digital Marketing Certification Programmes to Look Out For in 2023

Digital marketing deals with the digital promotion of ready-to-deliver products or services amongst a targeted group of customers. India has one of the best markets for digital marketing, with social platforms like Facebook, Twitter, WhatsApp, Instagram, YouTube, etc., being popular instruments of promotion. Besides these, e-commerce sites, OTT platforms, and emails are excellent modes of digital marketing.

best digital marketing course

Digital Marketing Certification courses have become a preferred choice for people who have chosen digital marketing as their profession.

Read on to learn more about digital marketing certification programmes. 

Best Digital Marketing Certification Programmes in 2023

Several courses are available for candidates who wish to pursue digital marketing as their career. Some of these courses are available online, while others are classroom courses. 12 digital marketing certification programmes that are trending in 2023 are – 

  • Google Digital Marketing Course and Certification 

Conducted online, the candidate has to appear for an examination at the end of the course. The course covers topics like pay-per-click advertising, digital marketing analytics, etc. Globally recognised industry experts are the faculties of this course. 

  • Harvard Digital Marketing Strategy Programme 

This is a classroom course offered by Harvard Extension School on the campus of Harvard University in Massachusetts, US. This programme is not intended for beginners but hardcore marketing executives likely to apply themselves to the industry more diversely. Some important topics covered are search engine optimisation and marketing, content marketing, social media advertisement and influencer marketing.

  • Hootsuite’s Social Media Marketing Certification 

This online course requires students to pass an examination at the end of the course to qualify. The course encompasses social media marketing and strategy, content creation and digital advertising. It is a globally recognised certification taught by industry experts.   

  • Imarticus Post Graduate Programme in Digital Marketing 

Graduates of any discipline are eligible for this course. The course spans 6 months, with classes held on weekends. The programme covers 250 hours of learning with 10+ marketing tools like Google Ads, Facebook Ads, Google Analytics, WordPress, etc.

Students get to learn from the very best in the industry. The course also contains 15 live projects and case studies. With 500+ hiring partners, the course offers excellent placement opportunities.  

  • IIT Delhi Certificate Programme in Digital Marketing 

This online course is offered at weekends for 6 months and covers 70+ learning hours. 18 cutting-edge modules covered in the course include consumer behaviour, digital identities and branding, blogs/videos, strategic marketing, media planning, using social media, analysing and monitoring campaigns, forecasting, and freelancing. Faculty includes IIT professors and industry experts.

  • Hubspot Inbound Marketing Certification Programme

This online course offers inbound marketing, lead generation, marketing strategy, and content creation knowledge. Here the candidate qualifies for certification upon passing an examination at the end of an examination. The certification offered has global acceptance.  

  • LinkedIn Digital Marketing Course

It is an online training and certification programme focusing on other related and necessary aspects besides digital marketing. It covers Google analytics, lead generation, content marketing and building an integrated online marketing plan. Being a self-paced course, students can cover it at their convenience.

  • Meta Digital Marketing Certification Programme

It is an online course offered by Facebook and covers the basics of advertising on Facebook. Candidates must clear an exam at the end of this course to obtain the certificate.

  • Semrush Digital Marketing Toolkit Certification Programme

The programme covers a deep understanding of Semrush tools besides the basics of digital marketing elements like content marketing, search engine optimisation, social media marketing and analytics. 

  1. Adobe Certified Expert in Digital Marketing 

This online professional programme is hosted by Adobe. Besides covering the basics of digital marketing, this course provides hands-on experience with Adobe tools. 

Conclusion

Conventional marketing means have given way to the digital counterpart for almost all products and services. Today’s consumers are more internet-savvy, preferring online marketing over traditional shopping. Thus digital marketing is a promising and rewarding career in today’s world.

The Post Graduate Programme in Digital Marketing offered by Imarticus can give your dream the right direction. This digital marketing certification course is structured on live case studies and project-based learning, providing the best practical exposure to students. Their tailor-made career services ensure individual success.

Visit their official website for more details. 

Ethical Hacking- A Growing Career Prospect

In today’s technologically evolved world, cybersecurity is of topmost priority for individuals, governments and businesses. With the growing risk of cyberattacks, there is a greater need for competent individuals to secure computer systems and networks from unwanted activity. 

Ethical hacking, often known as penetration testing, has been a rapidly growing employment field in recent years. 

This article focuses on the question “What is ethical hacking?” and its importance in protecting digital assets. We will review the potential careers in this industry and the qualities needed to succeed as an ethical hacker.

What is ethical hacking?

Ethical hacking entails authorised efforts to infiltrate computer systems and networks to pinpoint weaknesses and evaluate their level of security. It is crucial for businesses to actively seek out and address shortcomings in their digital infrastructure. Those who perform this type of work, commonly known as penetration testers, use their abilities to uncover possible vulnerabilities and offer suggestions for strengthening security protocols.

Career opportunities in ethical hacking

The demand for ethical hackers has been continuously rising across various industries. Financial firms like banks and payment processors recognise the need to safeguard sensitive financial data and frequently hire ethical hackers to maintain system security. Ecommerce marketplaces, data centres, cloud computing firms, entertainment corporations, media suppliers, and SaaS (Software as a Service) firms all rely on ethical hackers to protect their digital assets.

Roles and responsibilities of an ethical hacker

Ethical hackers, also known as white hat hackers or penetration testers, play a crucial role in strengthening the security of computer systems and networks. Here are some of the key roles and responsibilities of an ethical hacker:

  • Ethical hackers assist organisations in evaluating their security flaws and building mitigation methods by conducting supervised attacks. 
  • They are responsible for carrying out extensive vulnerability assessments on computer systems and networks. They highlight potential entry points attackers could exploit, such as unpatched software, weak passwords, or misconfigurations. They offer organisations insights into their security status and recommendations for improvement through rigorous assessments. 
  • Documenting their findings and compiling detailed reports is one of the most important obligations of an ethical hacker. They describe the detected vulnerabilities, the methods applied to exploit them, and the possible consequences of those vulnerabilities. Ethical hackers also offer remediation recommendations, such as particular methods and best practices for improving security. 
  • Cybersecurity is a continually evolving topic, with new threats and attack strategies appearing daily. Ethical hackers must constantly upgrade their knowledge and stay current on the most recent hacking tactics, tools, and trends. To improve their abilities and keep ahead of potential risks, they must continually study and attend relevant conferences, workshops, and training programmes. 
  • Ethical hackers must diligently follow ethical norms and legal frameworks. They receive written permission from the organisation or individual being tested and work within clearly defined engagement scopes. Ethical hackers prioritise system and network security while retaining integrity, confidentiality, and privacy. Unauthorised activity or system hacking without sufficient authority is both unlawful and unethical.

Skills required to become an ethical hacker

To excel in the field of ethical hacking, professionals must possess a diverse set of technical skills and knowledge, some of which are mentioned below:

    • Programming and scripting: Ethical hackers should be familiar with various programming languages like Python and C++ and scripting languages like PowerShell. Knowledge of scripting languages is particularly valuable for writing scripts to exploit vulnerabilities or automate testing processes. 
    • Networking knowledge: Familiarity with network protocols, the TCP/IP stack, subnetting, routing, and network devices such as routers, switches, and firewalls is an essential skill. Understanding network scanning and packet analysis is also necessary for evaluating network security.
  • Operating systems: Ethical hackers should be fluent in several operating systems, including Windows, Linux, and macOS. They should know system administration activities, command-line interfaces, and operating system security features. Understanding how various operating systems manage user authentication, file permissions, and access controls is critical for uncovering flaws.
  • Web technologies: Ethical hackers need to know web technologies like HTML, CSS, and JavaScript and vulnerabilities like XSS and SQL injection to identify and exploit weaknesses in web applications. 
  • Cryptography: Ethical hackers must have an understanding of cryptography, including encryption algorithms, hashing, digital signatures, and secure communication protocols. This knowledge is essential for evaluating the security of cryptographic implementations and finding potential weaknesses in encryption algorithms.
  • Security tools and technologies: Among the various tools an ethical hacker should be familiar with are Nmap, Wireshark, Metasploit, Burp Suite, and vulnerability scanning tools. Understanding defence mechanisms and identifying their limitations requires knowledge of intrusion detection and prevention systems (IDS/IPS), firewalls, and antivirus software.

Conclusion

The need for ethical hackers is multiplying as the digital world expands. Cyber attacks pose increasing risks, and proactive cybersecurity measures are becoming more valuable to all industries. By choosing a career in ethical hacking, professionals can significantly impact the fight against cybercrime while enjoying a challenging and rewarding career path.

Imarticus’s Advanced Certification Program in Cyber Security can be the starting point for individuals seeking a career in ethical hacking. Visit the website for further course-related details.