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The Scope of MBA in Fintech

Posted on by Imarticus Learning

The banking and finance sector is riding the wave of the digital revolution embracing new-age technologies. Artificial intelligence, IoT, blockchain, big data analytics, and robotic process automation are some of the tools shaping the present and future of the finance industry.  

The dynamically changing scenario requires the finance sector to catch up and employ individuals who understand finance and have expertise in cutting-edge technology. This is where an MBA in fintech plays a key role. 

mba in fintech by geeta university

The scope of MBA in fintech exceeds the future prospects of other MBA specialisations, given the rising demand for MBA fintech graduates. Read on to explore the future prospects of this specialisation.

Is MBA in fintech a good option?

The answer to this is quite simple. Yes. Fintech has evolved dramatically in recent years, and an MBA in fintech may present an intriguing career path for individuals interested in combining their business acumen with technical innovation. 

Here are some important areas of focus and prospective employment options for people with a fintech MBA:

Digital Transformation: Fintech is revolutionising the financial industry, and an MBA in fintech prepares you to drive digital transformation across organisations. You will learn about the newest trends, technology, and tools driving fintech innovation.

Financial Analytics: Given the amount of data available in the financial industry, there is an increasing demand for individuals who can analyse, interpret, and implement insights from massive datasets. An MBA in fintech can equip you with in-depth financial analytics and data science knowledge, allowing you to make data-driven decisions and recommendations.

Blockchain technology and cryptocurrencies: The emergence of digital currency and blockchain has profoundly impacted the financial industry, and an MBA in fintech can help you grasp the potential impact of new technologies on the industry. You will get acquainted with the fundamentals of blockchain and cryptocurrencies, their applications in the financial industry and their potential to alter financial services.

Financial risk management: There is a growing demand for experts who can manage financial risk due to the complexity and interconnectivity of financial systems. An MBA in fintech can arm students with a strong base in risk management and train them to apply risk management tactics in a digital world.

Entrepreneurship and creativity: Fintech is the breeding ground for entrepreneurship and ingenuity. An MBA in fintech can groom you to build your own fintech firm or work for one in the industry. It will teach you to design and scale unique fintech products, how to innovate business models and think of unique financing options.

Career scope of MBA in fintech

The career opportunities of a graduate with an MBA in fintech are diverse, to say the least. Here are some job roles an MBA in fintech could lead to:

Fintech Product Manager: Fintech Product Managers create and manage cutting-edge financial products and services. They collaborate closely with cross-functional teams from technology, marketing, and operations to build, implement, and improve fintech solutions. This position demands an in-depth knowledge of both financial concepts and technological trends.

Financial Analyst: Financial Analysts analyse market trends, evaluate investment opportunities, and provide financial insights and suggestions. They use their analytical abilities to assess risks and make educated investment choices for fintech firms.

Blockchain Specialist: Blockchain technology has enormous potential to revolutionise banking, and there is a high demand for blockchain experts. As a blockchain specialist, you can devise blockchain-based solutions for financial transactions, smart contracts, supply chain management, or identity verification.

Compliance and regulatory roles: Since fintech operates in a highly regulated environment, compliance officers and regulatory specialists are critical in ensuring that fintech companies follow corresponding laws and regulations. These specialists evaluate and implement compliance frameworks, keep track of legislative developments, and ensure the company functions by the rulebook.

Risk Manager: Cybersecurity hazards, regulatory compliance, and operational risks are all specific to fintech organisations. Risk Managers in the fintech sector detect, analyse, and mitigate these risks to maintain the financial system’s stability and security. They create risk management frameworks, implement risk reduction techniques, and manage regulatory compliance.

Digital Transformation Consultant: Fintech’s all-pervasive nature has led to a growing demand for consultants who can assist established financial institutions in embracing digital transformation. Digital Transformation Consultants examine financial organisations’ existing state, identify opportunities for improvement, and build plans for implementing fintech innovations and optimise processes.

Conclusion

The fintech industry is vast and encompasses various sub-sectors and emerging areas. Its ever-evolving nature will continue to give birth to new job roles and career opportunities. The scope of MBA in fintech is still growing as more new technological tools emerge. Staying informed about industry trends and tailoring your skill set to match them will help you stay ahead of the competition.

If you are looking for an MBA in fintech, look no further than Imarticus’s MBA in Fintech programme, offered in collaboration with KL University. 

Relational Databases vs. Non-Relational Databases: Pros, Cons and Examples

Posted on by Imarticus Learning

Data serves as the root cause for modern technological structures. It means that it also requires adequate storage and management. After all, data is here to stay, which can bring in several problems. We must assign them to different categories to understand how effectively we can solve each problem.

This is where relational and non-relational databases come into the picture. These databases are equipped with robust solutions that help carefully organise, access, and extract data. 

full stack developer course

Whether you’re looking for a place to store simple or complex models or assign data to each category, databases can be a handy solution.

This blog will look into the pros, cons, and examples of the two most common databases. We will also examine the standard features and urge our readers to choose what’s best suited for their project. 

Additionally, we will see how a full stack development course can help us understand databases. Let’s get started!

What are Relational and Non-Relational Databases? 

A database collects data accessed, managed, and updated to meet the immediate need. As a Java full stack developer, storing data in a unified database is vital, which can help address them efficiently.

A database makes it easier for organisations to access and restrict access to specific files at a point. This data is then used in different organisations, including education centres and small to large-sized businesses.

Among the many databases that have made their way into the mainstream system, relational and non-relational databases rank at the top.

History of Relational and Non-Relational Databases

The history of these two popular databases dates back to 1970 when IBM’s lead computer scientist. Edgar F. decided to publish an academic paper hoping to remodel data in a new and more efficient way. He named it ‘A Relational Model of Data for Large Shared Banks.’

 Another attempt was made in 1998 with Carlo Strozzi when he decided to use the term ‘relational’ in NoSQL. 

Similarly, in 2009, Johan Oskassin and Eric Evans used the reversal term ‘non-relational’ database in the SQL server. Gradually, it became relevant and has been adopted as a database management model. 

A recent report published by Statista in 2022 establishes that Oracle ranks as the most popular in terms of relational DBMS (Database Management Systems). This is evident in its 1266.89 position as seen in the report.

As a Java full stack developer, it is vital to experiment with the different databases before moving to the one best for the task.

Relational Databases

A relational database refers to a database type that enables storing, organising, and managing data with the help of tables. 

Relational data is often structured with the help of tables assembled using rows and columns for better representation. It allows linking data from one table to another or multiple tables simultaneously.

A table can hold up to one data entry or object simultaneously. The columns help put a data store and store. The rows, on the other hand, link the record with data points. A schema also exists, defined as the relationship between a table and another table. 

This connection is called ‘relationships’, which is then put forth with the help of keys —both primary and foreign. 

Pros 

The advantages of using the relational database are as follows –

  • Object-oriented programming – As it is mechanised to assist in Object-oriented programming, accessing relational databases is extremely quick and easy.
  • Data storage – As tables deal with a large amount of data, relational databases are a perfect space for all sorts of structured, semi-structured, and unstructured data.
  • Schema requirement – While schemas can be implemented, it is also not necessary at the same time, making them highly scalable.
  • Simple structure – Due to its unilateral approach, relational databases perform efficiently at a reasonable pace.

Cons 

Let’s have a look at the restrictions of relational databases.

  • Data redundancy – Inconsistency occurs due to the same data stored in several tables in the database, which can serve as a pathbreaker.
  • Transaction processing – Transactions aren’t a strong suit for relational databases as they require complex SQL queries. When dealing with a considerable amount of data, the system can slow down.
  • Complexity – Relational databases can be challenging to design due to multiple relationships and entities.
  • Scalability – As the database is limited, adding hardware resources can be tricky. It can limit the performance of the system.

Non-relational databases 

Non-relational databases are distributed structures that redefine the traditionally used tabular data storage structures. These databases utilise newer formats such as documents, key-value pairs, wide-column stores, and graphs to offer more flexibility.

NoSQL databases or non-relational databases offer a range of benefits, including better scalability, non-complex structures, and faster performance. 

This database type is well-suited for building web and mobile applications and big data analytics. A Java full stack development course can be beneficial for understanding more about non-relational databases.

Pros 

Here are the advantages of working with a non-relational database.

  • Flexibility – Non-relational databases come with flexibility due to the absence of a predefined schema. 
  • Scalability – These databases are highly scalable and designed to store large amounts of data, making them the ideal space for e-commerce websites.
  • Cost-effective – This database doesn’t require an additional hardware or software set-up making it ideal for startups and small businesses to cut down on operating costs.
  • Higher efficiency – Due to the absence of schemas and queries, they are easier to maintain and perform faster and more efficiently than relational databases.

Cons

A Java full stack developer must understand each database’s limitations, and it is important to note these points.

  • Poor scalability – Non-relational databases are designed to be scaled easily, making it harder to maintain large amounts of data.
  • Limited data integrity – Relational databases have a higher up in data integrity. Non-relational databases’ features make it challenging to maintain data accuracy.
  • Query performance – Regarding queries, non-relational databases perform slowly, which can result in poor performance.
  • Complexity – Compared to relational databases, non-relational databases have more capacity making them complex data holders. 

Examples of Relational & Non-Relational Databases 

Relational Databases have been in the news for quite some time due to multiple uses. Several servers, including Microsoft SQL Server and PostgreSQL have taken to the relational database system. 

Simultaneously, non-relational databases are implemented in several areas involving column stores and document-oriented databases. A full stack development course can help you get a hands-on approach to the different kinds of databases.

The table below differentiates non-relational from relational databases.

Relational Database Non-Relational Databases
MySQL Couchbase
SQLite Amazon DynamoDB
MariaDB Oracle Berkeley DB
Microsoft Access MongoDB
Apache Derby Cassandra
IBM DB2 Amazon ElastiCache
H2 Database Entry Amazon SimpleDB
PostgreSQL Huawei Cloud GES
Azure SQL InterSystems Caché
CloudSQL AstraDB

Conclusion

Both relational and non-relational databases have their advantages and drawbacks. Relational databases suit complex data-based applications, whereas non-relational databases are designed for systems holding large amounts of unstructured data. 

A full stack developer certification can be achieved with a decent understanding of the benefits and disadvantages of both databases. It can also make it easier to access both databases while also absorbing the ins and outs of the system.

Grow your career now! A Java full stack Java developer can make the most of their projects using these databases. To understand how it can be a valuable addition to your skill set, opt for the course today. 

A Guide to Financial Services Course

Posted on by Imarticus Learning

Financial services are leading the employment grounds, with the global financial services sector estimated to constitute one-fourth of the world’s economy. With an array of job profiles available, there has been an increasing inclination toward careers in financial services. 

A multi-disciplinary programme, financial services embody a broad range of services the financial sector offers, including banking, investment, insurance, and other services. Pursuing a financial services course can make way for great employment opportunities like Financial Analyst, Financial Consultant, and Financial Manager, among many others. It is appropriate for business professionals or entrepreneurs looking to upskill themselves and achieve a higher salary. 

An introductory guide to financial services course offers a comprehensive view of the various financial services available, how they work and how you can use them to your benefit. 

A brief introduction to financial services

Financial services encompass various services and products offered by financial organisations designed to help people, corporations, and governments manage their money. Banking, investment, insurance, wealth management, and financial planning are some of the services included in this category.

Under banking services come current and savings accounts, loans, mortgages, credit cards and more. Investment services offered by banks cover retirement and brokerage accounts and mutual funds.

Life, health, and property insurance, alongside other forms of insurance plans, are examples of insurance services that protect individuals and businesses from financial losses brought on by unforeseen circumstances.

Investment services pertain to the investment choices of individuals, companies and governments, including stocks, bonds, mutual funds, and real estate. The aim of financial services is to help organisations and individuals build a financial plan based on their present financial conditions, future goals and risk tolerance.

Wealth management services are intended for wealthy individuals and incorporate various services such as tax planning, estate preparation, and investment management.

A comprehensive guide to financial services course

Capital Market courses

Before opting for careers in financial services, individuals must understand what the course entails, its career scope, eligibility criteria and what specifically the course offers.

Eligibility criteria

Most institutes offering a financial services course require a bachelor’s degree in finance or a related field with a minimum of 50%. MBA students and those with an MSc in finance can also pursue this course.

Additionally, some institutes may require a prospective student to have at least 2 years of work experience, preferably in the financial sector.

Course details

 A financial services course equips learners with an understanding of the financial industry and arms them with skills and knowledge to help them navigate it. Here’s an outline of what the course covers:

Introduction to Financial Services: This module introduces financial services and the different types of institutions that provide these services.

Banking Services: With this module, you will cover the different types of banking services, including savings and checking accounts, loans, and credit cards.

Investment Services: This module will cover investment services, their types and how they function. Bonds, stocks, mutual funds, and other investment options are covered here.

Insurance Services: In this module, students will learn about the different types of insurance services, including life, health, and property insurance.

Financial Planning: The essentials of financial planning will be covered in this module, including defining financial objectives, building a budget, and debt management.

Retirement Planning: In this module, you will learn about various retirement plans and how to save for retirement.

Estate Planning: This part will cover the fundamentals of estate planning, such as drafting a will, establishing trusts, and asset management.

Regulations and Compliance: This lesson instructs on the rules and regulations for financial institutions and the financial industry.

Ethical Issues: This module will explore ethical issues in financial services, such as conflicts of interest and financial institutions’ obligations to clients.

Case Studies: In this module, you will learn from real-world examples of financial services in operation. 

Scope of financial services course

A globally competitive financial services market has rapidly developed the sector. The scope for employment is significantly high than in other fields, with the industry comprising finance companies, commercial and non-commercial banks, retirement funds, cooperatives and much more.

Some of the job profiles or careers in financial services include:

  • Financial Officer
  • Treasurer
  • Finance Controller
  • Credit Analyst
  • Financial Consultant

Goldman Sachs, Morgan Stanley, Barclays, SBI, HDFC, JP Morgan Chase & Co. are some of the top recruiters in the field.

Conclusion

Financial services are essential to maintain individuals’ and businesses’ financial stability and growth by managing their money effectively, achieving their financial goals, and mitigating financial risks. If you have financial acumen combined with an ability to perform well under pressure, this might be the right job for you.

IIM Lucknow’s Advanced Management Program in Financial Services and Capital Markets, offered in collaboration with Imarticus, is a world-class programme in financial services. It prepares individuals for leadership roles in organisations with an advanced outcome-focused curriculum. Visit the website for further course-related details and take a step towards fulfilling your dreams. 

Unlocking the Secrets of Strategic Financial Leadership: CFO Course Overview

Posted on by Imarticus Learning

Attention all aspiring financial maestros and future corporate orchestrators! 

Are you prepared to start a life-changing adventure that will reveal the keys to strategic financial leadership? Prepare to enter a world where numbers come to life, financial choices affect an organization’s future, and the CFO rules supreme.

A corporation or organization’s chief financial officer (CFO) is an executive who is given the main responsibility for managing the business’s finances, including financial planning, risk management, record-keeping, and financial reporting.

chief financial officers course

This blog is your entryway to an incredible adventure if you’re ready to go beyond the limitations of traditional financial management and into the world of financial leadership excellence. Get ready to discover the truth, break through barriers, and emerge as a visionary CFO equipped to handle the challenges of the dynamic corporate environment.

Are you willing to embark on the journey to become a Chief Financial Officer? Then buckle up, pique your interest, and travel with us on an exciting journey into the world of the CFO greats. Let the transformation begin!

What are the Secrets of Strategic Financial Leadership in the CFO Course?

The art and science of utilizing financial resources to accomplish organizational goals is known as strategic financial leadership. Guarantee that the company reaches its objectives. It entails defining financial targets, creating strategies, and managing financial resources.

Strategic financial executives must be thoroughly aware of the economy, financial markets, and the organization’s financial status. They must also be capable of strategic thinking and prudent financial judgment.

Leaders in strategic finance are frequently asked to make difficult choices. They could have to reduce expenditures and increase pricing. Although often controversial, these choices are frequently required to protect the organization’s long-term financial stability.

Effective communication skills are essential for strategic financial executives with both financial and non-financial audiences. They must be able to briefly and clearly explain difficult financial topics. 

The task of financial leadership strategies is difficult and complex. It is, however, a gratifying position. Strategic finance executives have the chance to impact their businesses’ success significantly.

Here are some additional tips for strategic finance leadership:

  • Set attainable financial objectives.
  • Create a financial strategy outlining how the group will accomplish its objectives.
  • Effectively manage your money resources.
  • Keep a close eye on the company’s financial performance.
  • Make wise financial choices.
  • Communicate clearly with audiences in the financial and non-financial sectors.
  • Establish connections with important players.

Strategic finance executives may assist their firms in achieving their objectives and long-term success.

How to Excel in Financial Leadership: Exploring the CFO Course Details

A CFO course imparts the abilities and information required to succeed as a Chief Financial Officer (CFO). CFOs are in charge of an organization’s financial management, which is essential to success.

Typical topics covered in chief financial officer training course include the following:

  • Analysis of financial statements
  • Forecasting and planning
  • Management of risk
  • Capital planning
  • Acquisitions and fusions
  • Tax Preparation
  • Corporate responsibility

You will get knowledge about how to:

  • Develop a strategic attitude and match your financial objectives with the mission and goals of your firm. 
  • Identify and share financial performance and risk factors with internal and external stakeholders.
  • Promote innovation and growth by leading and overseeing change efforts.
  • Create and cultivate high-performing teams and promote an excellence-focused culture.
  • Strengthen your executive presence and personal brand, as well as your network and impact.

A CFO course could also teach more specific subjects like financial reporting, international finance, or treasury management in addition to these fundamental subjects. Typically, universities, colleges, and business schools provide CFO courses. They can be taken as a stand-alone course or a degree program component.

What are the benefits Of The CFO Course?

  • Become a partner in strategy. A CFO course may teach you how to approach your company’s finances strategically. You’ll discover how to create financial plans and strategies that will assist your business in achieving its objectives.
  • Gain insightful knowledge. A CFO course may teach you the knowledge to make wise financial decisions. You’ll learn to evaluate financial information, spot patterns, and form-wise financial decisions.
  • Hone your abilities. You may acquire the abilities you need to succeed in a financial career by taking a CFO course. You’ll gain knowledge of cash flow management, financial statement preparation, and risk analysis.
  • Join a professional network. You will get the chance to network with other financial industry experts by taking a CFO course. 
  • Advance your career. You may boost your financial profession by taking a CFO course. Using the skills and information acquired during a CFO course, you will be prepared for various financial positions, such as CFO, controller, treasurer, and financial analyst.

The Final Words

The CFO Course is your key to learning the fundamentals of strategic financial leadership. You will get useful insights, construct financial plans and strategies, expand your abilities, connect with other professionals, and progress your career. This course teaches you to think strategically about your company’s financial matters.

You will be in a great position to significantly affect your business’s bottom line with the abilities and information you acquire through the CFO Course. You’ll be able to assist your business in achieving its objectives, make wise financial choices, and establish a solid financial base.

The Postgraduate Certificate Program for Emerging CFOs from Imarticus Learning is an exceptional finance program created with the esteemed IIM Indore. It is designed for seasoned professionals with at least five years of experience. Spend the next 12 months immersed in a transformational journey that will reveal the complexities of financial services and management and move you closer to the desired position of CFO.

The CFO Course is the best option if you’re eager to advance in your profession. Sign up right away to begin learning the keys to strategic financial leadership!

With the prevailing hacking incidents worldwide- Can a ethical hacking certification course give you a career boost?

Posted on by Imarticus Learning

Whether technology is a bane or boon, it totally depends on how you use it. While many individuals and businesses use it to create a world that is more collaborative, efficient, and dynamic, some individuals and groups misuse it to cause data breaches and other forms of cyberattacks.

According to a Forbes report, the world has lost as many as 17.2 billion records of data to cyberattacks from 2004 to 2021. Moreover, in the year 2021 alone, the Global Education and Research industry was hit by around 1,605 cyberattacks on average every week! Even the government and military organisations all over the globe faced 1,136 cyberattacks each week on average last year!

data science career

Moreover, since 2016, the world has till now lost $43 billion to business email compromises, as reported by the FBI. Many business leaders believe they fell prey to these attacks as they were unprepared for them. In contrast, some others believe that the success of these cyberattacks is due to poor cybersecurity systems in place. Well, according to a study, hackers are able to penetrate a company’s network as much as 93% of the time!

The situation is alarming. And the world needs ethical hackers and cybersecurity experts to combat this technologically-driven cyber war!

If you are someone who is interested in making a career in the field of cybersecurity and ethical hacking, then it is the right time to consider joining our ethical hacking and cybersecurity course online to give your career a boost!

How Does An Ethical Hacking Certification Bring You Closer To Your Career Dreams?

Ethical hacking and cybersecurity degree are highly relevant, especially today when cyberattacks and cyber crimes are finding new ways to weaken the global technological infrastructure. Following are some key career benefits that you can enjoy if you choose to do an ethical hacking certification course online 

  • Helps You Understand The Hacker’s Mindset

A certification in ethical hacking equips you with the skill set to check the vulnerabilities present in a computer system, the application, as well as the entire technological infrastructure of an organisation. This is exactly what a hacker does, but the only difference is that the route of ethical hacking is an authorised practice for abstaining from cyberattacks.

The knowledge you obtain by completing an ethical hacking course allows you to think like a hacker. This way, you can predict possible cyberattacks and find resolutions for them; if the hacker successfully barges the security checks.

  • Helps You Ace Job Interviews Easily

 

If you choose to do an ethical hacking certification course online with us, you will be able to crack job interviews easier than others. Our course has been designed by cybersecurity industry experts and is thus highly job-focused. It aims to teach you everything that can come in handy when you sit for a job interview or, even after that, when you are discharging your job responsibilities.

We also provide career services such as resume building, mock interviews, and cybersecurity workshops, to help you further enhance your chances of getting your dream job in the first instance!

  • Helps You Get Practical Exposure to the Field

Besides offering in-class exercises, our ethical hacking and cybersecurity degree provides you with exposure to real-life cybersecurity scenarios by providing you with opportunities to do experimental projects. This helps you gain a hands-on experience of the situations in which you may land during your professional cybersecurity journey.

This benefits you in two ways. Firstly, it helps you test the waters, and secondly, it helps you showcase your practical skills to the employers in which they are most interested. 

Take Away

If you are a recent graduate in Information Technology or Computer Science, you must consider making a career in the field of ethical hacking and cybersecurity, as it is touted to be the most futuristic career in cyberspace.

Moreover, along with helping you get a lucrative salary and career growth, ethical hacking and cybersecurity degree can also help you keep yourself as an individual safeguarded against the growing cyber risks and fraud.

Want to know more about our cybersecurity course and how it can help you realise your career dreams? Feel free to contact us through chat support or visit our nearest training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Delhi, Gurgaon, or Ahmedabad.

Gaining an edge with IIM Executive Education

Posted on by Imarticus Learning

If you want to shine in the business world, you need to keep learning. Executive Education at IIM can help. IIM stands for the Indian Institutes of Management. These schools are famous for their business education.

The IIM advantage

You may be wondering, why to choose IIM Executive Education. IIM is a well-known school. It has a great reputation. Many successful business leaders studied at IIM. The teachers at IIM are some of the best. They know a lot about business. They can help you learn too.

Learn new skills with IIM Executive Education

IIM Executive Education can help you learn many things. You can learn about finance, marketing and leadership. You can also learn how to think in new ways. This can help you solve business problems. This can also help you come up with new ideas. These are important skills for business leaders.

IIM Executive Education can help your career

global senior management programme

Are you looking to move up in your career? IIM Executive Education can help. With IIM Executive Education, you can gain new skills. These skills can help you do better in your current job. They can also help you get a better job. Many business leaders have found success with IIM Executive Education.

Exploring the teaching methodology at IIM

At IIM, the approach to learning is different from the norm. IIM Executive Education leverages case studies heavily. Case studies offer a chance to learn from real-life business situations. It’s like a walk-through of how others handled challenges. It aids in understanding what strategies work and what don’t. This practical approach makes you ready for real-world business problems.

Access to cutting-edge research through IIM Executive Education

Another benefit of Executive Education at IIM is access to cutting-edge research. IIM is home to many leading researchers. They study the latest trends in business and technology. By being part of IIM, you can learn from this research. It can give you a fresh perspective. It can also help you stay ahead in your industry.

Boosting confidence and credibility

Holding a certificate from IIM can give your confidence a big boost. It can also add credibility to your profile. When people see that you have studied at IIM, they will respect you. They will know that you have learnt from the best. This can help you in many ways. It can make it easier to get a job. It can also help you win the trust of your team.

Networking opportunities in IIM Executive Education

We have talked about the IIM network. But, it’s worth discussing more. Networking is a key benefit of Executive Education at IIM. It’s not just about meeting people. It’s about learning from them. Every student at IIM brings a unique perspective. By interacting with them, you can broaden your own viewpoint.

Grooming future leaders

IIM focuses on grooming leaders, not just managers. The skills you learn at IIM will help you inspire others. You will learn how to motivate your team. You will also learn how to make tough decisions. These are important skills for a leader.

Learn to embrace change

The business world is always changing. New technologies are coming up. New trends are emerging. IIM helps you prepare for this change. It helps you embrace it. This is a key part of being a successful leader.

Personal development at IIM

IIM Executive Education isn’t just about business skills. It’s also about personal development. You will learn to manage your time better. You will learn to communicate more effectively. These skills will help you in all areas of your life.

Building a global perspective

IIM has a diverse student body. There are students from all over the world. This can help you build a global perspective. You will learn about business practices in different countries. This can be very useful in today’s globalised world.

The IIM network

When you join IIM Executive Education, you join a network. This network includes other students and teachers. It also includes alumni. These are people who have graduated from IIM. This network can be very helpful. You can learn from these people. You can also work with them. This can open up new opportunities.

IIM Executive Education is flexible

IIM Executive Education knows that you are busy. That is why they offer flexible programmes. You can study part-time or full-time. You can also study online or in person. This means you can learn at your own pace.

Join IIM Executive Education today

Are you ready to take the next step in your career? Consider IIM Executive Education. Visit Imarticus to learn more about IIM Executive Education. See the benefits of Executive Education at IIM for yourself. Take the first step towards success today.

Learn How To Become A Financial Modeling Expert And Judge The Quality Of Financial Models Easily

Posted on by Imarticus Learning

Financial modelling is a unique decision-making tool that helps an organisation to correct its path for securing certain desired financial goals within a targeted time. This model is achieved by analysing historical data and other allied information. The entire scope of the job of a Financial Analyst is to evaluate an organisation’s present-day position, make strategic plans and then suggest road maps to the management to help them make decisions to reach their dream goals.

Uses of Financial Models

Financial Models

 

Financial Modelling Training helps a candidate to prepare recommendations, that are generally related but not limited to the following points – 

1) How the future will unfold for the industry that the organisation is in.

2) How the revenue will increase.

3) How demand for a specific product or a service will increase or go down. 

4) How the capital structure will change.

5) How to maximise the profits in the business. 

6) What are the additional assets required to reach the desired goals or which assets should be discarded? 

The functional areas where Financial Model Analysis becomes handy are – 

1) Future Operational performance (with a focus on break-even units or required no. of employees, operation cost, etc.)

2) Future Financial Performance (with a focus on increase in sales, revenue & profit) 

3) Estimation of Capital expenditure 

4) Funds for future obligations (working capital, equity and debt financing)

5) Free Cash Flow Generation 

6) Future Enterprise Value

7) Ratio Analysis (Profitability / Liquidity / Solvency / Capital Structure Ratio) 

8) Future Business Trends 

9) Stress / Scenario Analysis and many other functions as and when required by the organisation. 

Types of Financial Models

There are many types of Financial Models and they are aimed to predict different future financial parameters of organisations.

  1. Three Statement Model – This approach prepares future Profit & Loss, Balance Sheet and Cash Flow Statements of the organisation.
  2. Merger Model – This method prepares the future revenue, profit statements, etc. for those organisations which either have resulted in a merger of two other previously existing organisations or other organisations which have made acquisitions in the recent past.
  3. Discounted Cash Flow Model – This predicts future cash flow and hence the value of the business i.e. the value per market share. This is used for valuation purposes.
  4. Sum of Parts Model – This model is used when dealing with a reasonably large organisation that has multi-business verticals. The process works for each profit centre separately and then sums it up to predict the financial statements for the whole organisation.
  5. Leveraged Buyout Model – When a Private Equity firm buys an external business with a lot of debt and then consequently plans to pay out the debt with the help of the cash flow generated from this business and increase revenue, this model is used to predict the financial outcome.
  6. Comparable Company Analysis – This model is used by the virtue of studying the data of the competitors of the said organisation. This is also used for valuation purposes.
  7. Initial Public Offering Model – This model also helps in future valuation and back calculations to determine the value of the IPO. This is used for valuation.
  8. Option Pricing Model – This is a Statistically heavy model using Binomials.   

How to become a Financial Modelling Expert 

A Commerce Graduate may be an ideal aspirant for an expert Finance Analyst. However, as a prerequisite, the candidate needs to learn Microsoft Excel at an advanced level, since this is the tool through which the model will be prepared and presented to the management of the organisation.

There will be quite a few subjects that will be taught in this course. A candidate must learn – 1) to collect financial historical data required into an Excel Sheet 2) to Analyse the data and determine assumptions regarding revenue and cost for the given management goals 3) to Forecast Income Statements 4) to Predict assets and capital expenditure 5) Operation Excellence 6) Sourcing of Funds and 7) Cash Flow Statement and 8) Output or recommendation.    

In this context, it may be noted that the study of financial modelling will add to the skill sets of a prospective candidate and shall be recognized by awarding a certificate at the end of the successful completion of the course. 

Conclusion

The Financial Analyst Course is also taught online by many qualified & experienced professionals in this field. There are quite a few good Indian institutes that have proven track records of mentoring students, who are now professionals in big MNC firms with decent pay packages. The Financial Analysis Prodegree at Imarticus is an online course that will help you to achieve your desired goal.

How Is Blockchain Revolutionising Financial Markets?

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How Is Blockchain Revolutionising Financial Markets?

A professional journey must be fed and boosted by the best practices. You must stay at par with modern technologies to grab the leading opportunities related to your job profile. When we talk about financial markets, we first need to understand that it is evolving every day. The advent of new technologies is changing the course and redefining the very core of financial markets.

For instance, investment banking has transformed totally if you compare it to the late 2000s. Today, blockchain has become the pillar of financial markets. The introduction of blockchain simply revolutionised investment banking. How financial markets training could redefine your career path? Is an investment banking course with placement opportunities sufficient enough to offer you a taste of success? If these questions are lurking at the back of your mind, then you have come to the right place!   

What is Blockchain?

Before we get into the details of investment banking courses and careers in investment banking, let us start from the very beginning. Let us know the fundamental concept of blockchain and how it works.

Blockchain can be defined as an open or shared network where one can track and transact various assets. From physical assets such as houses, land, car, and cash to intellectual properties such as prototypes, copyrights, and patents – you can work with everything through a blockchain network. One of the biggest plus points of blockchain is that it is immutable. No user can change or tamper with the information except the owner in a blockchain network.   

Naturally, you will ask how it is linked to investment banking. Well, there are multiple aspects of blockchain technology used in investment. The upcoming segment discusses the matter in detail. 

Blockchain Training and Career in Investment Banking

As we mentioned earlier, a blockchain is an open and immutable database. Now, if you think about it from a banking point of view, then you can understand the advantages of such a database. Banking can be reshaped with such a database powered by blockchain. 

Investors can see and work with available information on a blockchain network. This allows them to compare, track and transact assets (physical and intellectual) accurately and easily. That is why the high-performance blockchain database is regarded as the future of investment banking. Investors across the world are inclining toward this network. The current trend of investment banking shows that if you choose blockchain technology as your career, then you will have a large spectrum of opportunities in India and abroad.   

What makes blockchain so effective in financial markets? It is the shared edger or the open ledger that can be managed by multiple parties. It creates a decentralised database that can be accessed from anywhere. If you think in terms of conventional banking, then it would have been impossible to do so. Blockchain technology empowers you with freedom. This is the key factor that makes blockchain technology so special in the financial market. 

An Evaluation of Financial Markets Training

Let us have a quick look at the key facilities of financial markets training and how it can reshape your future as a professional.

  • Opportunities in Fintech 

Blockchain banking is the happy conjugation of finance and technology. On one hand, you get to master the most contemporary technology, and on the other hand, you will work on the basics of banking. A term has been coined to denote this particular type – Fintech (Financial + Technology). Fintech is one of the hottest MBA trends that offers numerous opportunities in various fields.

  • Work for the Future

This is what makes blockchain so special. It is moulding the future of the investment banking industry with its swift and safe technology. If you get a hang of the basics of blockchain, then you can become one of the most sought-after professionals. 

  • High Market Demand in India and Abroad

You will enjoy the seamless benefits of learning blockchain technology with several lucrative job opportunities in India and abroad. You can travel the world while you earn in foreign currency!  

  • Master of Cryptocurrency

Although cryptocurrency is somewhat a volatile aspect of the Indian financial market today, it ought to get its due prominence in times to come. Digital money could be the future of the global economy and a blockchain specialist can become the key player in such a market. 

Best Investment Banking Course With Placement

You can easily decipher the varied and versatile job openings blockchain bankers can enjoy. Rather than being a conventional investment banking person, switch today to the hottest trend of the decade – blockchain investment banking course with investment. 

Devote two years of your life to master the craft and reap the results throughout your life. Embrace the new change and the future of investment banking with blockchain technology. If you are aiming to become one of the most reputed and highly paid professional individuals, then blockchain financing would be the right career path for you. 

How are Financial Technologies Helping Financers, Creditors and Banks?

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Doing a Fintech course in today’s environment plays an essential role in getting lucrative job opportunities. In a modern-day Fintech course, cloud computing and the role of decentralized finance (DeFi). 

best fintech course in India

But the question arises, what is financial technology? Financial technology or Fintech is a method to describe new technologies that cater to automating and delivering the proper usage of financial services. Fintech companies help in managing financial operations alongside different economic procedures. 

However, Fintech has different impacts on helping creditors, banks, and financiers. What are those? Let’s find out. 

What is Financial Technology? 

As mentioned above, financial technology is the amalgamation of both finance and technology catering to the betterment of financial services. It seeks to improve the delivery of financial services. It is composed of different specialised software and algorithms used specifically on computers and mobile phones. 

Fintech is an emerging discipline of the 21st century that is now prevalent in day-to-day life. This term was primarily established to apply appropriate forms of technology in the backends of financial institutions. From the year 2018-2022, Fintech has shifted to consumer-based services which made it much more widespread in the industry. 

Therefore, Fintech is now included in various sectors that have proved to be prevalent not only in financial services but also in fields of fundraising, non-profit, retail banking, and education. 

Financial Technology: Significance and scope

Financial technology has revolutionised the finance industries with its significant holding on virtual money, new businesses, banking, and training. Financial technology has spectacularly revolutionised finances which have grown the economy substantially. Here are some important aspects of Fintech. They are: 

  • Fintech focuses majorly on its financing clients along with MSMEs. Therefore, this sector has developed the traditional form of financial insurance, along with gold lending and personal finance.
  • Fintech in the future will be fueled by different ranges of microeconomic forces enabling governments with different forms of regulatory initiatives. These initiatives help with improved forms of internet access alongside smartphone penetration for a growing eCommerce market space.
  • Government support is extremely critical for Fintech. Therefore collaborating with various government programmes like broadband infrastructure and digital literacy, Fintech would reach new heights.
  • Financial technology has made a significant expansion in its finance ecosystem. Hence, companies investing in these have been gaining immense profits. The prospects of Fintech are leading to an increase in the entire GDP of the country.
  • Since financial services are generally focused upon a transaction-focused approach rather than a consumer-centric approach, Fintech has immense demand in the market. Fintech has helped with onboarding new customers at ease rather than other services.
  • Fintech has been incorporating strong talent pools that have been upscaling the overall performances of banking and financial services. This has given the scope to boost efficiency in claim processing, payments, and saving the marketplaces. 

Impact of financial technology in different spheres 

Financial technology has made its impact immensely all over the different spheres of financial services.  They are: 

Financers 

Fintech has made an immense impact on the individual financiers in the country. The impact is primarily social, which has helped in modulating the different spheres of the financial ecosystem. Financiers are incorporating the aspects of financial inclusion which has been responsible for its meteoric growth. It also immensely helps to capture the impact-related investments at their peak than any other significant industry. 

Creditors

Fintech lenders are now showing immense potential for creating an inclusive financial ecosystem. As mentioned above, this not only creates a social impact but has a huge role to play between the financiers and the creditors. This would help in less likely to receive credit through traditional lenders at a substantially lower price. 

Banks 

The incorporation of Fintech has created the biggest impact on the economic system of the country. Fintech companies are now providing the scope to access data analytics, which analyses the entire financial operation right at the tip of their fingers. It also helps them to gain valuable insights about customers and products to meet their needs. These impacts are: 

Increase in efficiency: Fintech solutions have increased immense efficiency in the banking sector. This has helped in reducing costs, increasing operational efficiency, and above all, creating a robust customer experience model. 

Use of new technologies: With Fintech, banking sectors are now getting the scope of incorporating new technologies like data analytics and data interpretation. This, in turn, is helping them to analyse their drawbacks and take action to improve their efficiency. 

Cost-effectiveness: By using Fintech solutions, banks are now able to reduce costs by eliminating any need for manual procedures. It is now immensely helpful in streamlining different kinds of procedures and thereby reducing any type of operational costs. 

Improvement in security systems: The Fintech solutions are well-versed in providing enhanced security features like encryption and biometric authentication that have made it safe for customers for conducting online transactions easily through banking apps. 

Improvement in terms of customer experience: Fintech companies are now responsible for improving customer experience and gaining new customers. They are providing financial sectors with new and different tools and technologies and creating a personalised experience. This, in turn, helps them to understand the needs of the customer and deliver optimal customer services by leveraging these tools. 

Swift payment gateway: Fintech companies provide solutions to companies with rapid processing of payments. This, in turn, enables the customers to make payments much more efficiently. 

Conclusion 

Fintech solutions have enabled the entire financial ecosystem to be competitive. This has immensely improved efficiency, cost reduction, and other leveraging improved solutions. 

If you are interested in taking up a Fintech course or want to learn about the role of decentralized finance (DeFi) check out Imarticus Learning’s Professional Certificate in Fintech with SP Jain Institute. It is one of the comprehensive Fintech courses, which not only helps you to understand the principles of cryptocurrency but also helps you in understanding aspects of cloud computing. 

For more details, check out their website right away! 

CMA 2023: Course details, Eligibility, Exam Dates

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CMA stands for Certified Management Accountant. In management accounting, it is considered the highest credential and is well-acclaimed worldwide. Over 170 countries recognise CMA, governed by the Institute for Management Accountants (IMA) USA. 

It is a prestigious finance and accounting certification highly demanded by various business companies and recruiters all over the world. The CMA course covers various sectors, including accounting, finance, business, and analytics. 

If you are an aspiring CMA preparing for the exam, this article will give you all the details and requirements associated with the exam.

CMA Course Details

The entire curriculum is divided into two parts: Unit 1 and Unit 2. Unit 1 consists of the following topics:

  • Decisions on External Financial Reporting– This module imparts basic knowledge of accounting principles, financial summaries, tax principles, and other vital skills regarding reporting. It is used to extract insightful reports for various businesses.
  • Financial planning, budgeting, and budget forecasting– A budget is integral to any business organisation. In this module, the learners are equipped with practical skills like strategic planning, and they get to learn about financial projections, budgeting concepts, methodologies, and so on.
  • Performance Management– A business’s performance and profitability are closely connected with its assets’ functioning. The stakeholders exploit this performance management process to stay updated on current financial information. This module covers many important topics like variance and cost measures, analysis of profitability, and performance measures.
  • Cost Management– In cost management module, applicants learn about estimating the costs of every record and controlling expense.
  • Internal Controls– This module covers a wide area of business controls, such as cost control, financial control, and risk controls.
  • Analytics and Technology– Here, the learner picks up how to practically implement analytics and exploit data analytics and technology to build robust systems for any business or industry. 

Unit 2 consists of the following topics:

  • Analysis of financial statement– This module teaches the fundamentals of financial statements, how to organise the same and its various types. It also teaches about the advanced topics of revenue analysis, analysis of income measurement and also about the analysis of variation.
  • Corporate accounting and finance– This module teaches the learners about the reason behind financial reports. The learners learn how to raise capital, manage cash, deal with acquisitions and mergers and so on.
  • Analysis of Decision– This module teaches about the analysis of profit-volume and cost, marginal analysis and opportunity costs. It also covers pricing science, methodologies of product pricing and life cycle product. Thus, this module essentially equips learners to make sound financial decisions.
  • Management of risk– With this module, students learn about coordinating and managing various kinds of risks. This module covers everything from learning to identify the type of risk to resolving them.
  • Decisions pertaining to Investments– This module teaches the necessary skills related to investment planning regarding enterprises. It includes topics like the mathematics of finance needed for building investment plans. In this module, the learner also gains expertise in undertaking return projections, analysing investment decisions etc.
  • Ethical standards– Apart from the complete knowledge about management accounting, business and finance, this module focuses on professional ethics and scruples. 

Eligibility for CMA

To be eligible for the CMA certification, one needs to satisfy the following criteria grouped under the following categories:

  • Academic prerequisites for becoming a CMA: To become a CMA, an individual must have a relevant finance and accounting bachelor’s degree obtained from a university or a similarly deemed institute that is accredited.
  • Professional credentials required for becoming a CMA: Candidates applying for CMA should possess at least two years of practical management or financial accounting experience. Ensuring the candidates can deal with real-world business financial management is required. 
  • Requirements of IMA to become a CMA: Candidates also need to be a member of IMA and be at par with the moral principles set by the institute.

CMA Exam Dates 2023

The CMA exam dates of 2023 have been rescheduled by the Institute of Cost Management Accountants of India (ICMAI). As per the rescheduled dates, the CMA Foundation exam, previously scheduled on June 2023, will be held on July 16 2023, via offline mode. 

The CMA Inter, as well as Final 2023 exams, are going to be held from the 15th of July to the 22nd of July, 2023. Besides the exam dates, candidates may check other important information directly from the official website of ICMAI.

Conclusion

CMA certification benefits accounting professionals looking forward to honing their financial management skills and career growth. Although the certification is not essential for landing a job in accounting management, it significantly ups the candidates’ employment prospects and gives them an edge over their competitors. 

If this inspires you enough to become a CMA, check out the CMA Certified Management Accountant course introduced by Imarticus Learning. 

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