Contact Us
×

Author: Imarticus Learning

Reasons to Choose a Career in Financial Analysis

Posted on by Imarticus Learning

Financial analysis involves evaluating financial information to assess the viability, stability, and profitability of a business, project, or budget. It analyses and improves a company’s performance and identifies projects or companies for investment. Financial data is examined using ratios and other techniques to examine a company’s liquidity and solvency.

Financial modelling techniques

To become a financial analyst, one must have a bachelor’s degree in finance, accounting, economics, or a related field. A career in financial analysis is just right for those who are good with numbers and have an analytical bent of mind.

Read on to learn the top 9 reasons why choosing a career in financial analysis can be rewarding.

Reasons to opt for a career in financial analysis

Financial analysis is a promising career path for anyone with a mind for business, a big-picture outlook, and strong communication skills. Financial analysts can work in various industries, studying economic trends, making predictions, and offering investment recommendations.

Here are the top reasons to choose a career in financial analysis:

High Demand

The expansion of the financial services sector has resulted in a growing demand for financial analysis. Becoming a financial analyst may provide a variety of job opportunities and promotion prospects.

Diverse Career Opportunities

Financial analysts work in various sectors, including banks, insurance companies, and pension funds. They evaluate financial data and economic trends to guide investment decisions. There are various job roles in financial analysis, including portfolio management, market research, and financial risk analysis which one can choose according to his/her preference.

Stable Industry Growth

Financial analysis is one of the most promising domains in terms of industrial stability. With the expansion of the finance sector, new financial products are launched daily. It guarantees that new opportunities are always on the horizon, creating a constant demand for financial analysis.

Intellectual Challenge

Financial analysis demands strong analytical and problem-solving abilities and the capacity to investigate and evaluate large volumes of data from various sources. Financial statement preparation and ratio calculations are additional tasks for financial analysts that can challenge their intellectual prowess. Thus, it is perfect for those looking for a career that constantly challenges their abilities and pushes them to think beyond the ordinary.

Lucrative Salary

A beginner with 1-4 years of experience earns an average of Rs 3.8 lakhs per annum. The average salary of an experienced financial analyst in India is around Rs 6.5 lakhs per year. Financial analysts working as sell-side analysts for a big investment bank earn a more handsome salary. Their job involves compiling data on the bank’s stocks and bonds and using quantitative analysis to help banks price their investment products.

Impactful Work

Financial analysts aid businesses and private investors in making wiser financial decisions. They assess investment possibilities, develop financial models, and provide recommendations for individual investments and asset portfolios. In addition, their responsibilities include evaluating the performance of stocks, bonds, and other investment vehicles.

Job Security

Financial analysis as a career offers great job security. It is important for individuals who want to feel secure in their employment. Around 76% of finance and accounting workers feel secure in their employment and 78% believe their companies have a great future.

Transferable Skills

Financial analysts must have critical thinking, analytical, and presentation skills, as well as an understanding of finance and economic terms, financial regulations, and financial modelling. These skills are transferable to other industries and can also be valuable assets in other roles.

Financial analysis is a good starting point for a career in finance or business because it provides professionals with a combination of technical and soft skills that are transferable to other related roles. For example, financial analysts can use their technical skills to become financial managers or investment bankers. They can also use their soft skills to become consultants or business analysts.

Collaborative Environment

Collaborative environments are essential in financial analysis, as teamwork can increase productivity and create a positive atmosphere for collaboration. Many financial analyst positions require collaboration with other departments, such as building sales models or combining data to create an overall business model.

Collaborative working can also lead to better on-the-job performance rates. If one enjoys working in a team environment and values collaboration, then a career in financial analysis may be a good fit.

Conclusion

Imarticus Learning offers a Financial Analysis Course in collaboration with KPMG. The programme has an industry-aligned curriculum, which includes fundamental accounting and financial modelling, financial statement preparation, balance sheet, profit and loss statement, and cash flow statement analysis.

Further, the programme is project-based, helping students acquire practical skills essential for a career in financial analysis. Contact Imarticus to kickstart your financial analysis career today!

Revolutionising EmployRevolutionising Employee Integration: The Role of Technology In Onboardingee Integration: The Role of Technology In Onboarding

Posted on by Imarticus Learning

Embracing technology has become a necessity, not a choice, for businesses around the globe. One area where technology has been especially transformative is onboarding. The role of technology in onboarding is vast and ever-evolving. It’s a powerful tool, changing how companies bring new hires into the fold.

corporate training

It doesn’t matter if you are a large corporation or a startup, onboarding in technology is making a significant difference in how new employees integrate into your team. It’s changing the speed, the delivery, and the efficacy of the process. This blog post will explore seven ways technology is playing a critical role in streamlining and enhancing the onboarding process.

1. Speeds Up the Process

Technology doesn’t just hasten the onboarding process. It redefines it. Digital forms are one example. They are easy to fill out and submit. New hires can do it before their first day. They can do it from anywhere. This not only saves time but also makes the first day less stressful. HR doesn’t need to sift through paperwork. They can focus on making new hires feel welcome.

2. Offers Virtual Tours

Virtual reality (VR) has many uses. One of them is onboarding. VR can give new hires a tour of the office. They can learn the layout before stepping foot inside. They can also meet their teammates virtually. It makes the first day less daunting. It also saves time. Companies don’t have to disrupt the workday for tours.

3. Facilitates E-Learning

E-learning is a big part of onboarding in technology. It gives new hires flexibility. They can access materials whenever they want. They can learn at their own pace. This is key. Everyone learns differently. With e-learning, everyone can have the time they need. It also reduces pressure. New hires can learn without feeling rushed.

4. Automates Tasks

Technology can handle many tasks. These include some onboarding tasks. Automating them makes HR’s job easier. They can focus on more important things. For instance, they can spend time with new hires. They can answer questions. They can make sure new hires feel part of the team.

5. Improves Communication

Communication is key in onboarding. Technology makes it easier. With emails and messaging apps, HR can reach new hires fast. They can answer questions. They can provide updates. This helps new hires feel connected. It also helps them understand their roles faster.

6. Tracks Progress

Tracking progress is an important role of technology in onboarding. HR can monitor new hires. They can see who is doing well. They can see who might need help. This kind of tracking is key. It helps make sure new hires succeed.

7. Stores Information Safely

Secure storage is another benefit of technology. Onboarding involves a lot of data. This data needs to be kept safe. Technology can do this. It can also make it easy for HR to access the data. This can be important when reviewing new hires’ progress.

The Future of Onboarding with Technology

The future of onboarding lies in technology. It’s changing the way we think about, approach, and carry out onboarding. From speeding up the process with digital forms to making learning more accessible with e-learning, technology is a game-changer in the onboarding arena. With these seven ways, it’s clear that onboarding in technology is no longer a luxury but a necessity for efficient and effective onboarding. As technology continues to advance, we can only anticipate even more innovative ways in which it will continue to transform onboarding.

Don’t be left behind in leveraging technology for your onboarding process. To learn more about how technology can improve your business operations, visit Imarticus Learning. Here, you’ll find various courses and resources to help you navigate the ever-evolving world of business technology. Technology isn’t just shaping our future—it’s here, and it’s time to embrace it.

Cost-Volume-Profit Analysis: Maximising Profit For Businesses

Posted on by Imarticus Learning

The main aim of any business organisation is to earn a profit. There are various factors on which profits depend. One of the most important factors is the cost of manufacturing the products and the sales volume. Both these factors are interdependent. 

The volume of sales in a business depends on the production volume. Production volume is directly related to costs, which are impacted by the product mix, production volume, production method, internal efficiency of the business, and many other factors. 

Cost volume profit (CVP) analysis is the analysis of fixed costs, sales prices, numbers of goods sold in the market, variable costs, etc. This analysis also shows how the profit of the business is affected. Cost management or management accounting professionals try and figure out the relationship between revenue and cost for generating profit for the business. 

What is Cost-Volume-Profit (CVP) analysis?

Also known as breakeven analysis, the cost-volume-profit analysis helps in determining the breakeven point for various cost structures and sales volumes. This information is helpful for managers in taking short-term business decisions. 

With cost-volume-profit analysis, a business organisation can make an idea of the volume of product units that should be sold so that the business costs are covered and a considerable profit target is met as well. This analysis helps businesses understand how certain changes in costs and sales can impact business profits. 

Understanding some important terms related to cost-volume-profit analysis

If you are a newbie in the US CMA course and aspire to make a career in cost accounting or management, you must learn certain important terms, which help in understanding cost-volume-profit analysis better. 

  • Variable costs

Variable costs are the expenses that increase with an increase in units. Raw materials are the perfect example as manufacturing more units will require additional raw materials. 

  • Fixed costs

In contrast to variable costs, these are expenses that the business incurs, which do not change depending on the volume of the units manufactured. Costs that can be categorised under fixed costs include insurance, rent, depreciation count, marketing and many more. 

  • Unit contribution margin

On knowing the variable and fixed costs in a business, you develop an idea of the contribution of each additional unit to the unit contribution margin. Calculate the margin by deducting the variable cost per unit from the unit selling price. 

  • Contribution margin ratio

The contribution margin ratio is a method of generating the unit contribution margin proportional to the sales price. It is calculated with the formula:

Contribution margin ratio = unit contribution margin divided by unit selling price. 

Cost-volume-profit analysis formula

The cost-volume-profit analysis formula is:

Breakeven Sales Volume = FC/CM. 

Here FC stands for fixed costs and CM stands for contribution margin.

The contribution margin is calculated as Sales minus Variable Costs.

The use of cost-volume-profit analysis 

Cost-volume-profit analysis determines whether there is any economic justification for manufacturing a particular product. Businesses add a target profit margin to the breakeven sales volume. 

This gives an idea of the number of units that are required to be sold for covering the costs of making the product and reach the target sales volume needed to bring in the desired profit. 

The decision-maker compares the sales projections of the product to the target sales volume to understand if manufacturing the product is worth it. 

Benefits of cost-volume-profit analysis

Students learning management accounting and cost management know well the various benefits of cost-volume-profit analysis. Enumerated below are some of the benefits:

  • Understanding sales levels for achieving targeted profit

Cost-volume-profit analysis provides a simple and clear understanding of the sales levels, which are needed for a business to break even or needed to achieve the targeted profit. 

  • Understanding costs at different levels of sales/production volume

With the help of cost-volume-profit analysis, higher management in the organisation understands the various costs at different levels of sales and production volume. CVP analysis guides decision-makers in forecasting profits and costs if there is a change in volume. 

  • Helps in taking the right decisions during recessionary times

Low times and recessions in businesses are not uncommon. With cost-volume-profit analysis, businesses can analyse the comparative effects of continuing business at a loss or shutting it down during a recession. This is because the analysis bifurcates the direct and indirect costs in a business clearly. 

  • Helps in deciding on optimum levels of production

Cost-volume-profit analysis helps in understanding the effects of changes in variable and fixed costs. With the figures, the management can decide on the optimum level of production. 

Limitation areas of cost-volume-profit analysis

Like the many benefits of cost-volume-profit analysis, the analysis also comes with certain limitations. Let us look at some of the limitations:

  • In cost-volume-profit analysis, variable cost is considered to vary proportionately. However, this does not always happen in real life.

  • As per cost-volume-profit analysis, fixed cost is constant. This might not be true always. After a certain level, there might be changes in fixed costs also.

  • According to cost-volume-profit analysis, costs are either variable or fixed. However, there are many costs, which can be classified as semi-fixed. Telephone expenses are the perfect example in this case. There is a fixed monthly charge for the telephone along with a variable charge depending on the number of calls made. 

Summing it up

Ascertaining the expected levels of sales volume perfectly is not possible for any business organisation. These decisions are usually taken on the basis of market research regarding the product demand and past estimates of the product market. CVP analysis helps in determining the need to sell to break even, i.e. no loss no profit. Cost-volume-profit analysis helps in maximising profits for businesses. 

If you are interested in pursuing subjects like management accounting or cost management, you can plan to enrol in a CMA course after graduation. Imarticus Learning offers a CMA Certified Management Accountant course to interested candidates. 

This CMA USA certification is administered by the Institute for Management Accountants (IMA), USA. This programme is accredited and recognised in more than 170 countries of the world. In the 6-8 months course, you can master the skills as a CMA in corporate finance, accounting, forecasting, financial reporting, cost management, analytics, financial statement analysis, risk management, budgeting, etc. 

Visit Imarticus Learning and enrol in the course now!

What’s the future of ChatGPT has for the Supply Chain

Posted on by Imarticus Learning

Are you prepared for a supply chain management revolution? This cutting-edge technology, built on the sophisticated GPT-3.5 architecture, is ready to revolutionize how we handle the global flow of goods and services.

Imagine a society where getting in touch with suppliers, manufacturers, and clients is simple and easy. A setting where proactive decision-making and increased efficiency are made possible through real-time data analysis and predictive modeling. This is the supply chain’s future, as envisioned by ChatGPT.

ChatGPT is a language model driven by artificial intelligence (AI) that can analyze massive volumes of data, spot patterns, and trends, and offer insights that would take people months or even years to find. 

ChatGPT has the potential to transform every part of the supply chain, from cutting waste and shortening lead times to enhancing customer happiness and raising revenues. So why are you still waiting? 

Discover the countless opportunities offered by ChatGPT in supply chain as we embark on this journey into the future of logistics management.

How is AI-powered ChatGPT reshaping the future of the Supply Chain?

Are you looking toward the future of supply chain management? ChatGPT is the only option. For those looking to simplify their supply chain processes, ChatGPT is the ideal choice because of its highly developed natural language processing capabilities.

ChatGPT allows accurate demand forecasting, enhanced supply chain management, and improved supplier connections to optimize supply chain operations. By connecting an API with the data sources, including ERP systems, CRM platforms, inventory management software, and other pertinent applications, ChatGPT may access the data it needs for analysis.

global chief supply chain management course

By examining consumer information and industry trends, ChatGPT can estimate client demand, allowing businesses to plan their production and manage their inventories more effectively. 

Another area where it may improve supply chain operations is supplier management. By examining supplier performance data, ChatGPT can pinpoint areas where suppliers may improve their delivery timelines, quality, and cost.

What is the future of ChatGPT for Supply Chain management?

  • Communication

ChatGPT may assist you in improving communication with business partners, suppliers, and clients. 

You can use ChatGPT to:

  • Create customized and relevant messages for your clients depending on their choices, actions, and comments. 
  • Use ChatGPT to develop interesting headlines, taglines, and advertisements for your goods and services.
  • Use ChatGPT to automate customer care and support by responding to frequently asked inquiries, offering guidance, and resolving problems. 
  • You may create FAQs, lessons, and instructions for your clients using ChatGPT.

  • Collaboration

 ChatGPT can aid in improving communication between team members and stakeholders. 

You can use ChatGPT to:

  • Develop ideas and recommendations for your tasks and projects based on your objectives, demands, and limits. 
  • ChatGPT may be used to generate ideas for improvements and alternatives to your problems and difficulties.
  • Create reviews and comments for your work and performance based on your standards, expectations, and criteria. 
  • Use ChatGPT to ask for reviews and comments.
  • Create summaries and reports based on your meetings and presentations’ agenda, themes, and results. 
  • You may also utilize ChatGPT to produce slides and other visuals for meetings and presentations. 

  • Optimization

ChatGPT can also assist you in streamlining and improving your procedures. 

You can use ChatGPT to:

  • Create demand, supply, inventory, sales projections, and predictions based on your data, trends, and patterns. 
  • ChatGPT may also create simulations and scenarios for planning and decision-making.
  • Based on your data, measurements, and benchmarks, provide insights and suggestions for your performance improvement. 
  • ChatGPT may also be used to produce actions and steps for implementing improvements.

The Future of Supply Chain with ChatGPT

Future prospects for ChatGPT and other AI software are positive and promising. The major companies in the IT sector have been keeping an eye on the rapidly expanding AI chatbot business due to ChatGPT’s continuous success. Microsoft officially announced a $10 billion investment in OpenAI in January of this year, following an initial investment of $3 billion in the business. 

One of Microsoft’s main rivals, Google, created its own AI chatbot, Bard. A few United States and Great Britain customers were given access to it in March 2023. The potential for investment in the ongoing development of AI exists. 

ChatGPT is expected to transform supply chain management in the future. Any company looking to enhance its supply chain operations must use this crucial tool because of its capacity to provide accurate and reliable information, address customer inquiries, assist in business continuity planning, and integrate with ERP systems.

The Final Words

In the field of supply chain management, ChatGPT has a promising and exciting future. ChatGPT is positioned to revolutionize how we approach logistics, procurement, and customer support thanks to its cutting-edge AI capabilities, natural language processing, and real-time data analysis.

A more effective, economical, and sustainable supply chain is something we can anticipate as we continue to push the limits of this cutting-edge technology. So let us embrace ChatGPT’s power and realize the potential of supply chain management’s future. The trip has only just begun, and the possibilities are unlimited!

Do you want to improve your knowledge of the supply chain? There is no need to look past the top leadership course IIM Raipur and Imarticus Learning created. Senior supply chain professionals prepared to spearhead a new era of supply chain management are the target audience for this intense 10-month program.

This program offers more than 150 hours of interactive sessions taught by the knowledgeable faculty of IIM Raipur, emphasizing strategic, operational, personal, and technological abilities. This certification program includes everything you need to succeed, whether you want to climb into C-suite positions or improve your skills in this important industry. With this program, you’ll be prepared to set the direction for the future.

How do online digital marketing courses boost your CMO career?

Posted on by Imarticus Learning

What does a CMO need?

The demands of a career in CMO have evolved with time. In 2023, you need a diverse skillset to become a CMO. Some of the qualities are:

  • Great storytelling skills.
  • Pioneering strategies.
  • Excellent with client communication.
  • Growth-driven.
  • Extreme capability.

Digital marketing courses curate all these skills into virtual modules. These will help you scale your CMO journey.

Perks of Doing an online digital marketing course

A decade ago, to become a CMO, one needed flashy degrees from the best universities. These were expensive and demanded commitment. But times have changed.

Today, online digital marketing courses have a lot of advantages over traditional courses.

  1. You can access the best faculty from your laptop.
  2. They condense theory and practical knowledge to give all-around learning.
  3. They are more economic. You don’t need to travel, pay for lodging, or take out huge education loans.
  4. You can complete the course on your own time. No need to leave your job or university. Learning is flexible.
  5. They simulate on-campus learning through tie-ups with reputed universities. If you can find a course backed by an Indian Institute of Management (IIM), even better! One such course is the Strategic Chief Marketing Officers Programme jointly conducted by Imarticus and IIM Raipur.

CVs with an IIM Digital Marketing Course stand out to recruiters for the following reasons:

  • Certification from a reputed IIM carries weight for a career in CMO.
  • You will get to visit the coveted university campus.
  • You get to network with the varsity’s reputed alumni.
  • Your dream company can send recruiters for the institute.

Curriculum Of An Online Digital Marketing Course

To be industry ready, you need a course that covers all bases.

Online Digital Marketing Courses cover:

  1. Changing market preferences.
  2. designing Marketing Strategy.
  3. Managing
  4. Changing
  5. Grooming New Leaders.
  6. Using state-of-the-art Technology.
  7. Simulation

Such a curriculum provides holistic training to budding CMOs.

Choosing the Right Course

The internet is full of Digital Marketing courses. Choosing the right one can be a challenge. While looking for the right one, ask these questions:

  1. Is the curriculum at par with industry standards?
  2. Are you getting a reputed university certificate?
  3. What are the reviews?
  4. Do you have a live session to clear doubts?
  5. How does it make you job ready? (resume building, interview prep, etc)
  6. How much time will it take to complete?
  7. Is the course cost justifying the average CTC post-completion?

The Best Online Marketing Programme- Imarticus and IIM Raipur

If you’re looking for an IIM Digital Marketing Course that fulfils the above criteria, the Strategic Chief Marketing Officers Programme at Imarticus Learning is for you.

This course trains mid-to-senior level professionals in mastering core concepts of marketing. The focus is on vertical career progression, launching global businesses and achieving business goals.

It is designed to develop leadership skills in three domains:

The Strategic Chief Marketing Officers Programme is spread over 10 months. Over this period, you will get access to live online classes scheduled during the weekend. Learning is imparted over two sessions of 75 minutes each.

Imarticus Learning has joined hands with the Indian Institute of Management (IIM) Raipur for the Strategic Chief Marketing Officers Programme. Ranked among the Top 5 new IIMs, a connection with this esteemed institute will take your career a long way.

“We blend IIM Raipur’s leadership education expertise with Imarticus’ competence in providing learners with future-focused programs through the Executive Certificate Programme,” said Prof. Ram Kumar Kakani, Director, IIM Raipur.

Under this, you will get to learn at the IIM Raipur campus and network with its leading alumni. You will also get access to its alumni portal. The live sessions with the faculty are another advantage. There are extra-curricular benefits too, like access to IIM Raipur’s nearest city chapter and their on-campus events.

Don’t Wait to Upskill

A career in CMO directly takes you from the executive to the management level. It brings growth across multiple parameters including position, network and pay. To become a CMO, you need to upskill yourself.

An IIM Digital Marketing Course is the best way to do so. Imarticus Learning’s Strategic Chief Marketing Officers Programme has the backing of not one, but two strong universities.

In addition to IIM Raipur, the course has also partnered with The Wharton School at the University of Pennsylvania. This gives you access to Wharton’s pioneering Customer Centricity Simulation.

This simulation will help you tackle-

  • Customer Acquisition.
  • Customer Relationship Management.

All these qualities make The Strategic Chief Marketing Officers Programme at Imarticus Learning the best for your CMO journey.

Take the first step to becoming a CMO by enrolling in the Strategic Chief Marketing Officers Programme by Imarticus Learning, today!

What is Full Stack Developer? A Complete Guide

Posted on by Imarticus Learning

A tech expert skilled in database administration, front-end and back-end programming, and testing is known as a full-stack developer. As a result, a Full Stack Developer can conceptualize, create, and deploy fully operational web applications. Companies are looking for talented Full Stack Developers that can manage various web development tasks due to the increasing demand for web development. 

Full Stack Developer Course

If you are willing to pursue a career in web development, you might have heard the term “full stack developer” before. But what does it mean exactly? And what skills do you need to become one? In this post, we will explain what is full stack developer and give you some tips on how to get started as a full-stack developer.

What is a Full Stack Developer?

A full-stack developer can work on a web application’s front-end and back-end. The front end is part of the web application with which the user sees and interacts, including layout, design, navigation, and functionality. The back end is part of the web application that handles the data, logic, and security, such as the database, server, API, and authentication.

A full stack web developer creates a complete web application from scratch or works on different parts of an existing one. They can also switch between different technologies and languages depending on project requirements and preferences.

The U.S. (BLS)  Bureau of Labor Statistics projects that by 2024, demand for full-stack developers will increase by 27%.

  • LAMP stack: JavaScript, Apache, Linux, MySQL, and PHP
  • LEMP stack: JavaScript, Linux, Nginx, MySQL, and PHP 
  • MEAN stack: JavaScript, AngularJS, MongoDB, Express, and Node.js 
  • Django stack: Python, JavaScript, Django, and MySQL
  • Ruby on Rails: Ruby, JavaScript, SQLite, and Rails.

Skills Required to Become a Full Stack Developer

To become a full-stack developer, you must possess various abilities to manage web development’s front-end, back-end, and database administration aspects. 

Some of the fundamental abilities needed to become a Full Stack Developer include the following:

  • Programming language proficiency: It is necessary for a Full Stack Developer. These languages include JavaScript, Python, Ruby, and PHP.
  • Front-end development: A Full Stack Developer needs to be knowledgeable with JavaScript, HTML, and CSS, as well as front-end development frameworks like React and Angular.
  • Back-end programming: A Full Stack Developer should know back-end programming, including server-side programming languages like Java, Python, and Ruby.
  • Database administration: A Full Stack Developer should know about database administration and have SQL and NoSQL databases expertise.
  • Web development framework knowledge: Full Stack Developers must be familiar with web development frameworks like Node.js, Django, and Ruby on Rails.
  • Version control: Full Stack Version management technologies like Git and SVN should be easy for developers.
  • Continuous learning: It is essential for Full Stack Developers if they want to stay on top of the most recent web development trends and best practices.
  • API knowledge: Full Stack Developers must be familiar with APIs and how to use them.
  • Problem-solving abilities: To troubleshoot problems and debug code, Full Stack Developers need to have excellent problem-solving abilities.
  • Collaboration and communication: Full Stack Developers must work well with others and communicate clearly with team members.

On the front-end side, some of the most popular frameworks and libraries are:

  • React
  • Angular
  • Vue
  • Bootstrap
  • jQuery
  • Sass

On the back-end side, some of the most popular frameworks and languages are:

  • Node.js
  • Express
  • MongoDB
  • PHP
  • Laravel
  • MySQL
  • Python
  • Django
  • Flask

How To Become A Full Stack Developer?

Use these steps to learn how to become a full stack developer:

  • Complete your computer science degree

Obtaining a degree in computer science or a related field is the first step toward becoming a full-stack developer. In computer science, you can get a Bachelor of engineering or technology. Candidates with a Bachelor of Computer Application (BCA) or Bachelor of Science (BSc) in computer science may be preferred by some employers.

  • Boost Your Front-End Development Capabilities

Try building simple websites with HTML and CSS once you have mastered their fundamentals. With the aid of this, you may evaluate your front-end development abilities. Learn about jQuery before tackling more complex JavaScript. The learning curve for React or Angular is steep. You can start with just a basic understanding. Take on tasks to improve your abilities. 

  • Select Your Back End Developer Stack

Selecting your back-end stack is the next step in becoming a full-stack web developer. Starting with Node.js and Express.js is a wise choice. Each is necessary for back-end scripting. 

  • Improve Your Back-End Development Techniques

You must keep in mind that developing your back-end talents takes time. When asked how long it takes to become a full-stack developer, the answer is that it takes time to hone the abilities. 

  • Necessary Database Knowledge

You must get familiar with databases in addition to back-end expertise. The most well-liked options include SQLite, Oracle Database, MongoDB, and MySQL. 

The Final Words

A wide variety of abilities, including mastery of programming languages, front-end and back-end development, database administration, web development frameworks, version control, and more, are necessary to become a Full Stack Developer. But don’t be intimidated by it! Anyone may become a Full Stack Developer with the correct mindset, passion, and devotion to lifelong learning.

So remember that being a Full Stack Developer is possible, regardless of where you are in your development career or if you are an experienced developer trying to upgrade your skill set. Keep learning, be inspired, and welcome the difficulties of working on a constantly changing subject.

Enroll in the Imarticus Learning Full Stack Developer course to construct end-to-end apps by mastering data structures and algorithms. This program’s cutting-edge teaching technique enables you to swiftly pick up crucial full-stack development technologies through practical training that enhances your coding skills.

What is Supply Chain Management? Importance & Benefits

Posted on by Imarticus Learning

Welcome to the world of supply chain management, where the flow of products and services from raw materials to completed items occurs seamlessly. 

Effective supply chain optimization may make all the difference in today’s hectic and cutthroat business climate. It may aid companies in cost-cutting, efficiency improvement, customer satisfaction improvement, and competitive advantage. 

Everything from planning and sourcing through manufacturing and delivery is included in supply chain management. It entails organizing operations across several companies, from distributors and retailers to suppliers and manufacturers, to guarantee that goods are supplied on schedule, with the ideal quality, and at the most affordable rates. 

Supply chain analytics certification

This blog will explain what is supply chain management and why firms must comprehend its significance and advantages. So, to stay competitive, you must have a solid understanding of supply chain management.

What is Supply Chain Management?

Supply chain management (SCM) organizes, coordinates, and regulates the movement of goods, data, and cash from the producer to the consumer. It includes sourcing, buying, producing, distributing, logistics, and customer service. SCM seeks to improve the efficiency of the whole supply chain, not just specific components.

A successful supply chain must function in conjunction with its surroundings. For instance, a business must be able to modify output in response to material shortages. Similarly, it must be able to act quickly to avoid delays if there is a severe weather disruption. 

In particular, a strong supply chain may assist businesses in avoiding issues like delayed orders, overproduction, and missing or damaged goods. Additionally, it can aid in risk management and damage control during natural disasters or other unforeseen events. For instance, it can assist them in making advance plans in case any aspect of their system is disrupted.

Importance of Supply Chain Management 

SCM is significant since it impacts your company’s effectiveness, caliber, and profitability. An efficiently run supply chain can:

  • Cut costs: You may cut your operational costs and boost your margins by reducing waste, inventory, and transportation costs.
  • Boost quality: You may improve your reputation and customer loyalty by ensuring your items fulfill your client’s requirements and expectations.
  • Increased adaptability: You can grasp new possibilities and minimize risks by reacting quickly and effectively to demand, supply, and changing market conditions.
  • Gain a competitive edge: You may set yourself apart from your rivals and increase your market share by giving your consumers better value.

What are the basic components of supply chain management?

The following are the five steps in supply chain management:

  • Designing: Deciding on the process’s structure, objectives, and the tools and technology required to make it more efficient.
  • Planning: It is the process of determining how to carry out the plan, given the limitations of the facility, the associated costs, and the anticipated return on investment (ROI).
  • Executing: Putting the process into action from beginning to end by choosing suppliers and partners for the supply chain, controlling inventories, and enhancing distribution.
  • Controlling: Ensuring that everything runs smoothly and reliably and that inventory levels stay constant.
  • Monitoring: Monitoring and measuring key performance indicators (KPIs) and verifying that the performance of the operations aligns with the company’s goals constitute monitoring.

Benefits of Effective Supply Chain Management

  • Improved client satisfaction

One of a facility’s main goals, particularly in e-commerce, is customer happiness. Operations management greatly influences customer satisfaction, which ensures businesses can keep their word to clients and deliver goods on schedule. 

69% of customers believe they are considerably less inclined to do business with a firm again if a final product isn’t delivered within two days of the scheduled delivery date.

Many businesses have experienced disruptions in their supply chains due to the COVID-19 pandemic, but only 21% of customers are willing to overlook this. This implies that when it comes to consumer satisfaction, efficient supply chain management is a contentious issue.

  • Increased Revenue: 

Online orders and payments are made possible by e-commerce supply chain management, which tracks shipments and inventories. Gain competitive advantage from your supply chain management system to increase your revenue. The allocation of personnel and resources to new projects, such as productivity growth or the inclusion of new services, is possible when production has been simplified.

  • Asset Utilization:

Companies may utilize their assets more effectively thanks to efficient supply chain management. Business owners may examine and assess demand rather than update equipment. Thanks to this method, organizations can assure availability, minimize quality concerns, expedite product delivery, and easily handle returns. 

  • Reduced Cost Effects: 

Supply chain management holds significance in reducing costs across the board.

 The crucial ones are as follows:

  • Enhances your inventory management system; 
  • Modifies completed goods storage to prevent resource damage; 
  • Enhances system responsiveness to actual client needs;
  • Enhances your interactions with vendors and distributors

The Final Words

The foundation of any effective corporate operation is supply chain management. It entails various tasks to guarantee that goods and services are delivered promptly and affordably to clients. Organizations may increase customer satisfaction, simplify processes, cut costs, and gain a competitive advantage in the market by implementing an efficient SCM plan.

SCM has several advantages, and these advantages go beyond the realm of business. Effective supply chain management can benefit society by lowering waste, enhancing sustainability, and fostering ethical business practices.

Experience the transformative impact of Imarticus Learning’s Master SCM program, where you can learn cutting-edge analytics techniques and obtain an unmatched grasp of supply chain management through a painstakingly constructed curriculum created by the famed CEC, IIT Roorkee.

Utilize Python’s power to realize the full potential of data-centric decision-making in supply chain management. You may advance your career by taking this course and learning the skills in great demand in the job market today.

Therefore, take action right away to realize this field’s full potential!

Step-by-Step Guide to a Successful Email Marketing Campaign

Posted on by Imarticus Learning

In a world where instant messaging and social media reign supreme, it is easy to see why an email might feel like a blast from the past. But do not dismiss it just yet, email marketing is still a top tool for businesses to reach their target audience.

Despite the tech-savvy new generation seeing emails as outdated, they still hold a crucial position in the digital realm. In fact, a recent study found that there were 4 billion global e-mail users in 2020, with predictions of that number rising to 4.6 billion by 2025. With such an expanding pool of possibilities, email marketing should be noticed. 

best digital marketing courses with placement

Email marketing has been around for a while but still has enormous potential, and the demand for email marketing courses remains high. This article will highlight the steps to a successful email marketing campaign and a guide on how to ace it!

Objectives of a Successful Email Marketing Campaign

While running an email campaign, businesses have a few objectives in mind, some of which include-

  • Inform

By regularly appearing in your customers’ inboxes, you have an opportunity to share updates, news, and educational content with them, which can help increase brand awareness and engage your audience. It is important to ensure that your email content includes infographics, images, and links to your website or blogs, to keep your readers engaged throughout the email.

  • Attract and Engage

When it comes to selling your company’s products or services, attracting and retaining customers is key. One effective way to achieve this is through email marketing, which can help with both customer retention and attracting new consumers. To keep customers engaged and interested, it’s important to include customer reviews and testimonials, as well as custom graphics.

  • Guide

Employ email marketing to attract customers to your website and increase the chances of converting them into potential clients. You can use buttons, links, and surveys to drive traffic to your site.

  • Nurture

To convert website visitors into loyal customers, email marketing is crucial. Regularly offer discounts, coupons, and deals to convert them into paying customers. Additionally, provide fresh content and ensure that your headlines match your content to keep them engaged and coming back.

  • Convert

Email marketing aims to convert potential customers while retaining existing ones. Businesses should provide easy access through their contact details and social media information, and offer competent deals and offers to entice their audience to follow and avail of their services or products.

Creating a Successful Email Marketing Campaign – A Step-by-Step Guide

Step 1 – Set your goals

To create a well-structured email marketing campaign, it is important to begin by setting clear goals. Identifying what you hope to achieve through your campaign is crucial. Do you want to increase brand awareness or generate more leads and sales? Alternatively, are you aiming to improve customer relationships and loyalty? 

Email marketing campaigns typically aim to accomplish the following:

  • Looking for new customer pools
  • Nurturing existing customers
  • Re-engaging the audience
  • Boosting engagement

Once you have established your goals, you can develop a more focused strategy for your email marketing campaign, tailored to your specific objectives.

Step 2 – Choose your target audience 

If you want your email marketing campaign to be a success, it’s essential to start with a qualified lead generation strategy. You must ensure that your email list includes people who are genuinely interested in your products or services, rather than spamming everyone on your list. 

One effective method of building a targeted email list is by converting website visitors into subscribers, creating an engaged and interested audience that has the potential to become loyal customers. Remember, emailing people who aren’t interested will only lead to them unsubscribing from your list. So, it’s always best to focus on quality over quantity when building your email list.

Step 3 – Craft a compelling subject line

A captivating subject line is a gateway to a successful email marketing campaign. It’s the first thing your audience sees and can determine if they’ll open, click or ignore your email. To make your subject line stand out, craft it with care and personality. Personalize it to connect with your target audience and avoid using spam trigger words. 

Also, try to keep it short and sweet while conveying the value of your email. This will help create a high-converting subject line that will engage your audience and increase your email open rates.

Step 4 – Create customized email content

Email marketing campaigns rely on different types of emails to engage potential customers. It’s crucial to understand the nuances of each type to craft effective content. 

  • Promotional emails are strictly self-promotional, offering sales and discounts. 
  • Relational emails aim to provide value to subscribers through newsletters, free gifts, coupons, and relevant information. 
  • Transactional emails are triggered by subscribers’ actions, such as welcome messages, purchase confirmations, and sign-up confirmations.

Understanding the different email types can help you tailor your content, ultimately resulting in more engagement and success.

Step 5 – Focus on email marketing design 

By using responsive email templates, you can capture the reader’s attention and create a positive impression of your brand. Poorly designed and unstructured emails reflect poorly on your brand’s image. A visually appealing email design should include more images than text. Images help break up the text and make the email more visually appealing, reducing the likelihood of it being ignored.

Step 6 – Use technology efficiently

Elevate your email marketing game with the power of efficient email marketing tools. These tools can help you save time by automating email marketing campaigns and increase performance by providing easy-to-use features. Segmenting your audience allows for more relevant and targeted content, while in-depth analytics helps you to refine your email marketing strategy. Additionally, you can create automated workflows for a seamless experience.

Step 7 – Send your email

Crafting the perfect email is only half the battle. To ensure your message reaches your audience effectively, you need to choose the right method of delivery. With an email marketing service, you can take advantage of sophisticated features like automation and segmentation to boost your email campaign performance. Or, if you prefer to send emails manually, be sure to review your message for tone and clarity to make a lasting impact. Either way, delivering a well-crafted email is the key to success.

Step 8 – Plan emails and follow-ups 

In order to run a successful email marketing campaign, it’s crucial to send timely, relevant, interesting, and valuable emails to subscribers. Avoid bombarding them with unnecessary emails that may end up in the spam folder. A well-planned email schedule is key to achieving success in email marketing.

Conclusion

Digital marketing has become increasingly important in today’s business world due to the rapid growth of online technologies. By learning digital marketing, individuals can connect with a wider audience and gain access to valuable data to analyze and optimize their strategies. 

The IIT Roorkee digital marketing certification course is an online digital marketing course that offers a strong digital marketing skillset to help aspirants gain a competitive advantage in the job market and help businesses achieve their goals. With the vast amount of digital platforms available, including social media, email, and search engines, the importance of learning digital marketing continues to increase.

Asset management: Definition, services provided and examples

Posted on by Imarticus Learning

In 2021, the global enterprise asset management market size was valued at just $ 3.9 billion. By 2030, this industry is expected to be valued at $ 10.6 billion, growing at a compound annual growth rate (CAGR) of 11.75% during the forecast period of 2022 to 2030. As the industry grows, it is also creating job opportunities for skilled, qualified professionals. If you aspire to make it big in the financial services industry, asset management is no doubt a lucrative option.

However, investing in the right training is key to success. This is because asset management has undergone a sea change due to the advances in technology. Besides building knowledge of financial fundamentals, contemporary asset managers must understand how to leverage technology to build a competitive edge.

Investment Banking Training

In this blog, we explain what exactly is asset management. We also recommend how pursuing an investment banking course with placement support can help you build skills to succeed in this niche financial services career.

What is asset management? 

Asset management refers to the practice of investing a client’s wealth into various assets and optimizing the returns earned. There are dedicated asset management companies (AMCs) that focus on this activity. They manage assets to the tune of millions and billions of dollars for clients who can include corporations, high-net-worth individuals, insurance companies, pension funds, and sovereign wealth generated by governments.

The process of asset management is highly regulated. Hence, asset managers must be aware of these regulations. They need to follow strict mandates and risk parameters. However, they also need to use their instincts on how to generate institutional wealth for their clients. driven by an investment mandate. Asset management companies generate revenues through the fees charged for their services.

Asset management services and examples 

A financial asset is essentially an instrument that derives its value from a contractual right or ownership claim. Examples include cash, stocks, bonds, mutual funds, commodities like gold, cryptocurrency, real estate, and bank deposits.

The asset manager meets with clients to assess their needs, risks, and goals, based upon which they can design an asset management plan. They need to study the market in-depth and use their knowledge to make data-driven decisions that help them optimize the returns while balancing risk. They must also keep up-to-date on regulations, and ensure that no fraud occurs in the process of their jobs.

Here are two examples of asset management services:

  • Say a government offers a market-linked pension scheme to its citizens. Every year citizens make investments in their pension policy. The investments made by citizens are managed by asset managers who invest the funds in the stock market, to drive higher returns for pension holders.
  • Another popular example is asset management companies offering mutual funds. The asset manager will devise various processes and parameters to ensure the strategic investment of funds into relevant assets. For instance, an equity mutual fund will invest most funds in the stock market. While that funds will go for safer debt-related instruments.

Skills of an asset manager

A contemporary asset manager must have a combination of skills as follows: 

  • They need strong analytical and critical thinking skills and be detail-oriented
  • They must be skilled in Math, and excellent at financial fundamentals
  • Communication and negotiation skills are equally important as acid managers engage with clients and a host of other stakeholders.
  • Strong time-management and project-management skills are an asset
  • They must understand how to leverage data to make timely decisions
  • Asset managers must also have a strong understanding of regulations and legal compliance
  • The asset management field has been greatly impacted by technology. Asset managers must have a thorough understanding of cloud-based, enterprise asset management software, and technologies like the Internet of Things, which are bringing efficiency and real-time intelligence to their field

Invest in niche training 

A career in asset management demands niche skills. The best way for ambitious professionals to enter the field is to pursue an investment banking course onlinewith placement support. Ensure that the program exposes you to the financial markets landscape, cash equities and fixed income assets, foreign exchange, and money markets, to name a few. You can continue to work at your day job while pursuing this program remotely. Certification of the program is an important aspect. Ensure that it is certified by a respected and established partner from the financial markets field.

Conclusion 

Asset managers are highly respected in the financial services industry. They play an important role in helping businesses and high net worth individuals grow their wealth. No doubt this career path comes with its own set of risks and challenges. But the rewards include a steady rise in compensation, recognition, and career growth. Investing in a high-quality certification program can help ambitious professionals grow niche skills, and make their foray into this fast-growing financial services field.

To know about Imarticus’ Certified Investment Banking Operations program, contact us through chat support, or drive to our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Gurgaon, Delhi or Ahmedabad.

Balancing Work And Education: How An IIM Course For Working Professionals Can Help You Advance Your Career

Posted on by Imarticus Learning

How An IIM Course For Working Professionals Can Help You Advance Your Career

If you’re looking for a way to advance your career, certificate courses for working professionals can be a great option. IIM stands for Indian Institute of Management, and they offer courses specifically designed for working professionals. These courses are flexible and can be completed while you’re still working. They cover a wide range of topics, including management, finance, marketing, and more. Completing an IIM course for working professionals can help you gain new skills, improve your job performance, and even lead to promotions and higher salaries. If you’re serious about advancing your career, an IIM course is worth considering.

Perks of an IIM course for working professionals

Pursuing an IIM course for working professionals comes with a lot of perks. It is the opportunity to gain new skills and knowledge which help in career growth and advancement. It helps working professionals supplement and update their existing skills, making them better suited for higher and executive positions in their organizations. This provides a chance for working professionals to expand their professional network, build relationships, and learn from their peers. Working professionals are exposed to real-world business challenges that they might not encounter in their daily work life. IIM courses provide a platform to apply theory to practice and develop leadership and management skills. It’s a great investment in one’s career and future. Let us consider the perks in detail:

Flexibility

The IIM course for working professionals is designed for working professionals who cannot attend regular classes on campus. The certificate courses for working professionals are designed to be flexible and convenient. The courses are delivered online and can be accessed from anywhere at any time. The courses are designed to be self-paced, which means that you can complete the course in your own time. The courses are designed to be accessible to everyone, regardless of their background or experience. The courses are designed to be practical and industry-relevant, so you can apply what you learn to your job.

Networking

One of the biggest advantages of an IIM course for working professionals is the opportunity to network with other professionals in your industry. This can lead to valuable connections, new job opportunities, and a better understanding of the industry. One way to network is to attend events where you can meet people in your field. You can also use social media to connect with professionals and join online groups. When networking, be genuine and show interest in others. Don’t just talk about yourself. Follow up with people you meet and maintain the relationship. Networking can lead to new job opportunities, mentorship, and valuable connections. Keep in mind that it’s a long-term process, so be patient and persistent.

Skill Enhancement

If you’re a working professional pursuing a course from IIM, there are a few important skills you can enhance. These will help you succeed in your career and stand out from your peers. First, communication skills are crucial. You need to be able to convey your ideas clearly and effectively. Second, time management is essential. You must be able to prioritize tasks and manage your time efficiently. Third, problem-solving is a valuable skill. You should be able to identify problems and come up with creative solutions. Finally, leadership skills are important. You need to be able to inspire and motivate others to work towards a common goal. These skills will make you a valuable asset to any company and help you achieve your professional goals.

Personal Growth

Personal growth can be achieved by working on your weaknesses and improving your strengths. Pursuing certificate courses for working professionals from IIM can help you learn new skills, gain knowledge, and expand your network. It’s important to set goals and stay motivated to achieve them. Take advantage of resources like mentors and career services to help you succeed. Be open to feedback and take constructive criticism positively. Remember to prioritize self-care and maintain a healthy work-life balance. Lastly, keep learning and growing even after completing the course.

Career Advancement

Completing certificate courses for working professionals from IIM can help working professionals advance their careers. You’ll gain knowledge of management and leadership. You’ll learn how to think critically and solve problems. You’ll also develop communication and networking skills. With an IIM certification, you’ll become a more attractive candidate for promotions and new job opportunities. It shows employers that you’re dedicated to improving your skills and knowledge. So, if you want to take your career to new heights, consider pursuing a course from IIM.

An IIM course for working professionals is a great way to balance work and education, advance your career, and achieve personal growth. With flexible schedules, networking opportunities, skill enhancement, personal growth, and career advancement, it’s worth considering.

Certificate courses for working professionals

A global senior leadership programme for working professionals can be very beneficial for your career growth. It can give you the necessary skills and knowledge to take on more challenging roles and responsibilities in your workplace. With the recognition of an IIM certification, you can increase your chances of promotions and salary increments. Imarticus Learning offers a great platform to pursue courses and advance your career. Additionally, the networking opportunities that come with an IIM course can open doors to new career prospects and expand your professional network. Overall, investing in an IIM course can prove to be a wise decision for anyone looking to advance their career.

Get a free 1:1 Imarticus counselling
Get a free 1:1 Imarticus counselling