UAE – The Future Of Campus to Corporate Training: Trends And Predictions

Introduction

School – the campus to be well-rounded with basic literacy and numeracy. Plus a range of subjects, sports and good social values.

College – the campus to gain specialized knowledge and skills to pursue careers of choice.

Future Of Corporate Training

The school and college campus seems ideal for children growing up into adults. A great launchpad for the campus to corporate journey. What more can one ask for? It seems there is!

Education in school and college is vital for knowledge, values, attitude and skills. But it is not enough. Want to know why? Read on.

The challenges

Change – the only constant known to the world, is now churning fast and furious. In contrast, the steady pace and standardized pieces of campus education are lagging.

It is causing a gap in skills acquired from campus to those needed by corporate. For example, 50% of UAE businesses face a skills shortage. And 90% fail to find the candidates they need!

Globally, it only seems to get worse, fast. Here’s why:

  • The nature of jobs is getting volatile. The prediction is that over 42% will churn in all industries!
  • There is growing uncertainty. Technological. Economic. Climate. More!
  • The skills gap is a complex issue. Over 87% of companies are facing it globally.
  • The ambiguity of risks and business insights. From the speed and size of data overload.

VUCA has disrupted the campus to corporate Bazooka!

Is there a way out? Sure, there is. All it takes is onboarding the ‘right train to upskill’. Let’s catch up on some waves of campus-to-corporate trends of in-demand skills to ride on.

Trending skills to ride on

The future of campus-to-corporate training depends on its harmony with in-demand skills. Here are some predictable campus-to-corporate trends to train right.

Trending skills by categories

Studies reveal that technological, social and higher cognitive skills are trending.

No wonder training programs in data analytics, cybersecurity and artificial intelligence/machine learning are popular.

Also, the future of campus-to-corporate training must include trending skills in categories of:

  • Higher-cognitive skills such as adaptability and problem-solving, and
  • Social skills such as coping with uncertainty and collaboration.

Why?

  • These are usually not taught or measured in school or college.
  • As per a study, these include two of the top three skills likely to get employment!
  • As per research, they are among three critical skills to train students for future jobs.
  • Remember the VUCA challenge? They happen to address two of them!

Trending skills by function

A study showcased the top 20 in-demand skills for 2023. It had hard skills like software development with soft skills like communication.

It would be wise for the future of campus-to-corporate training to have them included. Training programs can weave them in to deliver flavours of business functions like:

Trending skills delivery tools and methods

The campus-to-corporate training programs must use these trending delivery tools and methods:

  • Tools such as learning management systems (LMS). Or gamification, virtual/augmented reality, video conferencing and social media.
  • Methodologies such as online learning. Or microlearning, blended learning, personalized and above all – experiential learning.

To sum it up

Many corporations are struggling to stay afloat amidst the constant disruptions. This in turn is leading to the emergence of a ‘skills gap’. The future of campus-to-corporate training programs lies in bridging them. Training must upskill students to be working professionals for gainful employability.

Imarticus can be a trusted campus-to-corporate training partner to upskill. Be it for trending skills by categories or business functions or skills delivered using trending tools and methods. In partnership with institutions and corporates, Imarticus has achieved several milestones. 56000+ placements. 45000+ career transitions. 20+ courses and programs.

That makes Imarticus everyone’s trending choice to upskill for the future. Visit Imarticus today!

Tips on how to choose the right BBA program?

Know about BBA

The Bachelor in Business Administration or BBA is a 3-year undergraduate program for students who have their minds set on a management career just after completing school. The BBA program revolves around the administration of business and business operations management. Students learn about entrepreneurship and management roles in the program.

The best part of BBA is that it offers the course to students from every stream. Students of Humanities, Commerce, and Science can apply for any BBA program.

bba in business analytics

BBA promises you a great future in Management. Many universities across India provides BBA program in various modes. However, before jumping to a long-term program, you must consider the impact a BBA program will have on your job opportunities.

A good BBA program comes with great exposure to the industry before you complete your course. Selecting the right college is a tedious task just because of the number of options available offering near-similar benefits. Here are few

Tips on how to choose the right BBA program?

1. Make a list

Make a list of what your desired universities have to offer. It could include specializations, fees, mode of learning, placement, faculty, and more. It will help you to narrow down to BBA programs that are best for you. Lists are critical since they help you to make informed decisions. They also save a lot of time and can be useful in cases where there are plentiful options.

2. Research

It is important to research before you jump into a BBA program. Research can help you find loopholes and eliminate the programs that are not helpful for you. It also helps to set goals and cut the additional costs you might incur without proper research.

3. Find pros and cons

Check out the pros and cons of a particular BBA program so that you can clear idea of options.

What do you need to consider in a BBA program?

You have to follow a few parameters and look for certain specific things while choosing the best BBA program for you.

1. Offered Specialization

There are multiple specializations offered in the BBA program. This includes:

Business administration

International Business

Computer application

Marketing

Finance

Sports management

The specializations will depend on what you are good at and have an interest in. You can also research what curriculums cater to what you want to study and are beneficial in the future.

2. Faculty

Faculty is one of the biggest USPs of any BBA program and you must ensure that you are benefitted from it. Check the number of faculties depending on whether they are full-time or part-time. Faculties that have industry experience are a plus sign you should look out for. It helps the learners to engage with the industry even before they start their internships.

3. Curriculum

A highly text-based curriculum might not be the best choice when it comes to choosing a BBA program. Management courses are rarely about taking notes. It must include case studies, real-world projects, skill development sessions, opportunities for internships, and more.

4. Placement opportunities

Placement is the single most important criterion that should be included in your research list. Make sure that you check out the information on the partners and collaborations of the university beforehand. partnerships with companies ensure maximum placement. You might also want to check out the median salary, the number of people placed, offered positions, etc for the same.

Why choose Imarticus Learning?

Imarticus Learning brings BBA in business analytics in collaboration with Geeta University.

The curriculum curated by Imarticus Learning in association with Geeta University has been deemed as new-age and industry aligned by industry leaders. It includes topics like:

Fundamental of business analytics

Fundamentals of business intelligence

Design thinking

Critical thinking and decision making

Data visualisation

Statistical analysis using SAS &R

Marketing analysis

Financial analytics

Supply chain analytics

You will also be familiarised with tools such as Microsoft Excel, SQL, Power BI, SAS, R and more. You will also get to work on capstone projects that enable the students to link their projects to issues of community and utilise their learning experience. You will also get the skill enhancement certifications and benefits of a digitally-enabled campus.

Along with this, the BBA program offers summer internships in top companies. After the completion of the program, you will also get career support that includes placement. Career support also includes mock interview sessions, resume-building classes, and more.

Imarticus Learning has worked to get more than 56000 students placed and enable 45,000+ career transitions. That is not all. To provide the best assistance in the competitive job market for our learners, we have collaborated with more than 500 industry leaders as our partners for maximum placement opportunities.

Our alumni work at:

Deloitte

Genpact

Accenture

Infosys

KPMG

IBM

Capgemini

Goldman Sachs

Cognizant

Standard Chartered

Wipro

Moody’s analytics

Check out more about the BBA course here.

The Different Types of Cyber Threats: Cyber Attacks, Internal Threats, Social Engineering, Malware, Spyware Etc.

Cyber threats are security breaches that are caused with the intent of stealing data or tampering with computer systems. Such attacks can grant hackers access to personal user information. Cybercriminals with malicious intent can use such data to commit identity theft or even cripple the entire organisation’s network. 

cybersecurity courses

Some of the most common categories of cyber threats are social engineering attacks, malware attacks, man-in-the-middle attacks, supply chain attacks, injection attacks, and denial of service (DoS) attacks. You can learn more about these cyber attacks and the possible ways to safeguard your organisation against them in an IIT Roorkee cybersecurity course.

This article discusses in detail the different types of cyber threats that can pose considerable damage to an organisation. Read on to learn more. 

Malware Attacks – The Most Common of All

Malware is the shortened form of “malicious software.” Malware refers to cyber threats that are caused due to viruses, spyware, trojans, ransomware, etc. This kind of threat usually finds its way into the system when users click an email or link or download software from an untrusted source. 

Once malware gets installed in your system, it can cause considerable damage by blocking access to the network’s critical components, gathering sensitive confidential data, or damaging the system on the whole. Some common variations of malware attacks apart from viruses and worms are listed below. 

  • Spyware: You can figure out from the name that this kind of malware spies on your activities. The data thus gathered is then sent to the hacker. Spyware can access a user’s confidential data such as passwords, payment details, logins, and so on.
  • Ransomware: This kind of attack encrypts your data in such a way that you will not be able to access your own system. Users will be asked to pay a ransom after which the access will be restored. However, there is still no assurance that you will gain full access to the functionality after you have paid the ransom. 
  • Trojan: This kind of malware hides inside software that is legitimate. Once you download such software, your system goes for a toss as the trojan gains full control of the device. 
  • Keyloggers: This kind of malware is most commonly used for identity theft and blackmail. As Spyware spies on your activities, Keyloggers track all your activities, including what you type and the site you use. The information is then passed on to hackers, which they then use to satisfy their own malicious intent. 

Social Engineering Attacks Practised through Deception 

This can be compared to a kind of manipulation in which hackers pose as trusted sources or individuals and then trick them into providing them with the entry point. These malicious activities are accomplished through human interaction. 

This is a slow process and takes a considerable amount of research. Hackers first need to gather enough background information about the individual or organisation that they are planning to target and identify the entry points. Once this is done, the hackers then try to gain the trust of the victims and proceed with the attack. 

Some variations of social engineering attacks are mentioned below. 

  • Phishing: In this kind of cyber attack, the hacker sends deceptive emails as though they are coming from a trusted source. The users are then duped into clicking the emails and accessing the malicious content. This way, the threat is installed into the computer and the hacker gains access to sensitive confidential information such as user data, bank details, login credentials, and so on. 

Like phishing, there are also concepts like vishing and smishing, which use phone calls and text messages respectively to dupe the users into believing the hackers masquerading as legitimate sources.

  • Baiting: In baiting, users are lured into attractive things such as gift cards and offers. As soon as the user clicks on them, the attacker gains access to all kinds of sensitive information. 
  • Scareware: In this kind of cyber attack, victims are given false threats and alarms and are tricked into believing that their system is malware infected. They are shown pop-ups that persuade them to install software that can safeguard their device but is a perpetrator instead. The real trouble begins when they click on the pop-up.

Injection Attacks that Disrupt the Network Security 

Not securing your network can prove to be grievous because hackers are equipped with smart ways to slide into your system. Of all the techniques they use, injections are a common tactic that helps them execute their task neatly. 

Injection attacks are the kind of cyber attack in which attackers infect web applications with malicious content that can retrieve personal information and disrupt the working of the system. Some of the main injection attacks are stated below. 

  • SQL Injection: In an SQL injection, a command is used to insert malicious code into the SQL statements in order to gain control over the data. The code is injected through a web page input. 
  • Cross-Site Scripting: In this kind of cyber attack, malicious JavaScripts are injected into legitimate websites. Through this kind of web security attack, attackers take control over the interactions between the users and the vulnerable applications. 
  • OS Command Injection: In this kind of cyber attack, the attacker uses the operating system as an instrument to execute his malicious intent. Command injections are used to insert vulnerabilities that are to be executed by the operating system. 

Some Other Kinds of Cyber Threats

Alongside the attack types mentioned above, there are also other kinds of cyber attacks such as the Man-in-the-Middle attack and Denial-of-Service attack. 

In a Man-in-the-Middle attack, attackers intervene the communication between users and applications and steal confidential information. Attackers can pose as legitimate Wi-Fi connections, connecting to which may cause havoc to a user’s network security

Denial-of-service is a kind of attack in which a target system is overloaded with humongous amounts of traffic, which hinders the system’s ability to function. One can also not oversee the risk of internal threats posed by insiders who might have immoral intent.  

Conclusion

Since hackers and attackers are getting smart, organisations need to make their security systems smarter. It takes skilled IT professionals to come up with measures that can fortify an organisation’s network security system.

If you are looking forward to building your career in this field, you can opt for an IIT Roorkee cybersecurity course brought to you by Imarticus Learning, which will teach you more about these cyber threats and other aspects related to it such as ethical hacking, cloud computing and ensuring cloud security, incident handling, etc. 

This course does not only offer you the privilege to learn from expert faculties from IIT Roorkee but also equips you with market-relevant skills like cloud security, ethical hacking, application security, etc. that can help you future-proof your career. The 3-day campus immersion program also helps you network better and open up new opportunities. 

Enrol now for a brighter IT career!

Interactive Dashboards with Microsoft Power BI

Are you struggling to generate meaningful insights from the wide datasets of your enterprise for creating a business dashboard? Without the right insights, your decision-making will become vulnerable. 

Implementing Microsoft Power BI is the best solution to this issue. The drag-and-drop options, simple user interface and not requiring coding make Power BI a favourite tool for building business dashboards and data visualisation

Building an excellent dashboard with Power BI

Big data is a massive asset, which businesses leverage for transforming business operations, enhancing decision making and increasing the overall productivity of the organisation. Power BI helps in analysing data effectively along with providing interactive insights for creating visually immersive visualisations and interactive dashboards. 

Building a dashboard with Power BI has become a favourite for businesses. In a Power BI dashboard, you can assemble all crucial data elements on a single page. The dashboard acts as a gateway to the underlying reports and datasets so that you can reach the reports from the dashboards whenever needed. 

By using Power BI dashboards, you can visualise your data and share insights across the organisation. You have the benefit of embedding the dashboard into your app or website. 

How to create dashboards in Power BI?

A powerful visualisation tool, Microsoft Power BI transforms raw data into actionable insights. Create custom dashboards for displaying crucial metrics and giving complete visibility to your business for informed decision-making. 

Let us look at the various steps to follow for creating dashboards in Power BI:

  • Data Import 

The first step towards creating dashboards in Power BI is data import. You have to move data to Power BI first. 

  • Click on the ‘Get Data’ button at the left corner bottom of the screen.
  • Choose the source from where you want to import data – OneDrive, Excel, Azure SQL database or SharePoint. 
  • After importing the data, Power BI generates a blank canvas with a menu where you can select visuals which represent the metrics best on the dashboard.
  • Selecting the visuals

You must choose proper visuals for the reports and the data so that the important pointers are highlighted. Here are some common Power BI visualisations you can choose from:

  • Bar charts – These are ideal for showcasing the comparison between various data categories. They are great for analysing monthly expenses and sales product performance. 
  • Scatter plots – These represent a relationship between two attributes. 
  • Pie charts – Great for representing customer demographics, pie charts represent the composition of a whole in terms of percentage. 
  • Stacked charts – With these charts, you can present multiple data types within a single bar. They are useful for highlighting monthly budget breakdowns. 
  • Line graphs – These are useful for tracking changes over time. They are mainly used for plotting annual revenue. 
  • Attaching visuals to the dashboard

While customising the Power BI dashboard, you have to pin the most valid and suitable visual or chart. 

Click on ‘Add Title’ > ‘Create a Visual’ > Pin Icon to attach the icon to the custom dashboard. With the drag-and-drop feature, you can arrange the tiles as you feel. 

  • Dashboard themes

There are options for changing the dashboard themes in Power BI so that your dashboard has a new look. With every Power BI subscription, you have some inbuilt basic themes. You also have the option of downloading custom themes from the Microsoft Themes Library. With themes, you can work on the organisation’s branding. Themes also help in differentiating the dashboards on various parameters. 

  • Targeting the audience

With Microsoft Power BI, you can create effective dashboards for specific users. You can target your audience specifically for better results. For instance, if you are creating an accounting dashboard, you can highlight things like product performance, monthly expenses, revenue generation and other things. To capture the attention of your audience, Power BI lets you expand the charts and drill into the reports. Refrain from cluttering your dashboard with unnecessary information and data. 

  • Sharing the dashboard

The best thing about Microsoft Power BI is that you can share the dashboard with colleagues, peers and major decision-making professionals in the organisation. You can edit the imported databases by adding or modifying content in the datasets. The visuals and charts in the Power BI update automatically with the edits. As a result, users can see the updated data, which helps in boosting the transparency and productivity of the organisation. 

Items that are customisable in the Power BI dashboards

The drag-and-drop functionality of Power BI simplifies the presentation and data extraction process in interactive data visualisations. Here are certain items which are customisable in the Power BI dashboards:

  • Security filters

You have the option of setting up access filters for ensuring that viewers only see information which is relevant to them. You can overcome the risk of unauthorised access. 

  • Machine Learning

Power BI users can make Machine Learning (ML) models, incorporate Azure Machine Learning, and access image recognition and text analytics. 

  • Real-time data

With Power BI, you can update dashboards in real-time. This implies that data is streamed continuously letting viewers solve issues and determine opportunities on the go. Live data can go from business apps, social media or any other source. Some of the data is time-sensitive as well. 

  • Cortana Integration

Cortana, the digital assistant, can be integrated into Power BI. with this integration, you can put questions in your natural language for accessing any kind of information. This is a very useful feature for users who access Power BI through their mobile devices. 

  • Publication and distribution

Power BI dashboards enable direct uploading of visualisations and reports instead of uploading large files to the shared drive or sending them via email. As soon as the underlying dataset is updated with fresh data, the dashboard data is refreshed every time. 

Summing it up

Data has a superpower today. With Microsoft Power BI dashboards, you can make your data understandable to users. You can use data from various sources and develop visually immersive and impressive insights for informed decision-making in businesses. Add more value to your business with Microsoft Power BI dashboards. 

If you want to unleash the power of Power BI and understand data better, taking up a course in the subject will be of great help. Many universities and institutes offer a Data Science course with placement opportunities to interested candidates. 

Imarticus Learning offers a Post Graduate Programme in Data Science and Analytics. Build your career in Data Science and Analytics with guaranteed job assurance with this course. The course covers Python programming, logistic regression, data visualisation and related topics. The course includes a live learning module, real-world projects, a job-specific curriculum, dedicated career services and many more features. 

Apply now for the course!

The advantages of having CMA certification: Courses, certifications and process

The accounting and finance industry is growing rapidly. Professionals in this field must stick to the latest trends and technologies to stay competitive. One way to improve your expertise and career options is CMA (Certified Management Accountant) certification.

CMA certification is a globally recognized accounting certification that proves your financial knowledge and skills.

CMA Certification

This article will explore CMA certification, its benefits, the CMA certification courses, etc. Stay with us on this journey and get the right knowledge about your career in CMA.

What is CMA Certification? 

CMA (Certified Management Accountant) certification is a professional certification for management accountants. It is a certification that gives strong knowledge of financial planning, analysis, control, decision-making, and professional values.

To be qualified for CMA certification, you should have a bachelor’s degree or a professional accounting certification. You should also have two years of professional experience in financial management. Besides this, you must also pass both parts of the CMA exam.

The exam covers risk management, financial planning, analytics, cost management, investment decisions, professional ethics, and more.

CMA certification has multiple benefits in the accounting and finance professions. The benefits include:

Increased earning potential

More career opportunities

Enhanced professional credibility

Improved skills and knowledge and more

The certification benefits you if you want to pursue a career in corporate finance, financial planning and analysis, internal auditing, and other related fields.

Benefits of Having a CMA Certification 

A CMA (Certified Management Accountant) certificate can offer a range of benefits to individuals in the accounting and finance professions. Here are some benefits of obtaining CMA certification:

Business Appeal

The CMA certification is a helpful investment for your career in accounting and finance. It proves your expertise in this field and provides vast business and accounting knowledge.

This knowledge allows you to make informed decisions and play an active role in the industry. You can improve your business appeal and be a trusted member of an organization by obtaining a CMA certificate.

Increased Earning Potential 

It is a globally recognized certificate that employers positively value. You can earn higher salaries and better bonus packages with a CMA certificate. Studies have found that a CMA holder makes about 67% more than other candidates who do not have a CMA certificate.

Greater Career Opportunities 

It provides global career opportunities because of its great demand. It might help you fulfil your dream of making a career in a foreign country.

With this certificate, you can apply for a job in European and Middle Eastern countries and receive a hefty salary package. It opens up many career opportunities in corporate finance, financial planning, analysis, etc.

Other Benefits 

CMA certification offers multiple benefits. Some other benefits of certification include enhancing professional credibility, improving knowledge and skills, networking opportunities, etc.

CMA Course Process 

To get a CMA (Certified Management Accountant) certification, you must complete a course that covers the necessary accounting and financial management topics. The CMA course process generally involves the following steps:

Choose a CMA Course Provider: Choose a reputable CMA course provider to prepare for the CMA exam.

Enrol in the Course:  After selecting a course provider, you can enrol in the course of your choice.

Complete the Course: Candidates must complete the course and study all the topics covered in the CMA exam.

Practice with Mock Exams: To prepare for the CMA exam, candidates must practice with mock exams to identify improvement areas.

Take the CMA Exam: Once candidates have completed the course and feel prepared, they can register for and take the CMA exam.

There are several CMA course providers available such as Imarticus’s CMA courses. Imarticus provides one of the best accounting and finance courses with study materials, video lectures, and mock exams to help you prepare.

CMA Course Details

Here are some essential details of the CMA (Certified Management Accountant) course in India:

Course NameCourse ProviderCourse LevelTotal Number of PapersCourse DurationAverage SalaryJob Profiles
Certified Management Accounting CourseImarticus LearningFoundation, Intermediate, and Final202 – 3 Years6 Lacs annuallyFinancial analyst, Budget analyst, cost controller, financial officer, accountant, etc.

Final Words

Getting a CMA (Certified Management Accountant) certification can provide multiple advantages in the accounting and finance industry, including career growth, competitive advantage, and access to a global professional network.

By enrolling in a reputable course such as the Imarticus CMA course, you can enhance your career opportunities and become a trusted member of an organization.

Get the best and most affordable CMA course at Imarticus Learning and make an excellent investment in your career.

Treasury Bills vs. Treasury Bonds vs. Treasury Notes

Investors can invest in government-issued debt through three commonly known securities: treasury bonds, notes, and bills. These securities, known as ‘treasuries’ are issued by the Reserve Bank of India (RBI) and are traded in the money market.

When deciding which type of government-issued fixed-income security to invest in, it’s essential to consider your investment goals and risk tolerance. Basics of stock, borrowing, & lending and proper knowledge of the financial markets are necessary before investing in these securities. Obtaining knowledge and getting certified from various online investment banking certification courses ease this process.

Treasury bills (T-bills) – They are money market instruments that are issued in ‘91 day’, ‘182 day’, and ‘364 day’ tenures. T-bills are zero-coupon securities, which means they do not pay any interest. However, they are purchased at a discounted rate and then redeemed at the original value (non-discounted value) after the bill matures. The return to the investors is the difference between the maturity value and the issue price.

T-bills are auctioned by the Reserve Bank of India (RBI) on behalf of the government. The RBI publishes a calendar for auctioning T-bills, which includes the precise date, the amount to be auctioned, and the maturity dates. T-bills are available for purchase in the primary market, where the government gets money by selling investors T-bills. To acquire T-bills, you must usually go through authorised brokers or banks who are authorised to participate in the T-bill auction process. For holding or owning T-bills, you need a trading account, a Demat account and a trading platform.

T-bills are a reliable and secure investment choice in India due to their high liquidity. They are also a popular short-term government scheme issued by the RBI and are backed by the central government. The features of T-bills include low investments, which cater to small and new investors who are looking to invest in T-bills.

Treasury Bonds (T-bonds) – Indian government-issued Treasury bonds are also available for investment in the money market. The India 10-Year Government Bond has a 7.315% yield, and the 10 Years vs 2 Years bond spread is 26.7 bp (basis points). The India 20-Year Government Bond has a yield of 7.416%. The bonds can be purchased through brokerage firms, banks, or bond dealers, and investors need to have a Demat account.

In the derivatives market, T-Bond futures and options are actively traded, allowing investors to hedge their positions or speculate on future movements in T-Bond prices. T-Bonds are popular among investors with significant resources such as banks, insurance firms, and pension funds searching for long-term investments with a fixed rate of return.

Treasury Notes (T-notes) – Treasury notes, often known as T-notes, are medium-term debt securities issued on behalf of the Indian government by the Reserve Bank of India (RBI). They have a 2-10 year maturity duration and pay a set interest rate semi-annually till maturity.

Because of the Indian government’s good creditworthiness and low default risk still makes T-notes a relatively secure investment. They are popular with investors seeking a guaranteed rate of return over a medium-term investment horizon.

Key Differences Between T-Bills, T-Notes, and T-Bonds

Treasury bonds offer the highest yields but have the highest risk due to their long-term maturity. Treasury bills are the safest but offer the lowest results. Treasury notes offer a middle ground in terms of both maturity and yield. A comparative study between these three government-issued securities is presented in the below table:

Features Treasury Bills Treasury Notes Treasury Bonds
Maturity 1 year or less 2 to 10 years More than 10 years
Interest Payment No interest paid until maturity Semi-annual interest payments Semi-annual interest payments
Interest Rate Lowest among the three Intermediate rate Highest among the three
Risk Lowest risk Moderate risk Moderate risk
Minimum Investment As low as Rs 25,000 Rs 10,000 Rs 10,000
Volatility Least volatile among the three Least volatile among the three Most volatile among the three
Yield Curve Used as a benchmark for short-term interest rates Used as a benchmark for medium-term interest rates Used as a benchmark for long-term interest rates
Derivatives Market T-Bill futures and options are actively traded T-Note futures and options are actively traded T-Bond futures and options are actively traded
Liquidity Highly liquid, traded actively in the money market Less liquid than T-Bills, traded in the money market Less liquid than T-Bills and T-Notes, traded in the debt market

The India 91 Day GOI Treasury Bill Bond Future Historical Data shows that the highest value was 98.36 and the lowest was 98.28 between February 24, 2023, and March 24, 2023. It is important to note that past performance is not indicative of future results, and investors should consider other factors such as interest rate risk and inflation risk when making investment decisions. 

Conclusion

Imarticus Learning offers a Certified Investment Banking Operations Professional (CIBOP) program that is designed for individuals who want to build a career in financial operations, including the Treasury and Clearing divisions in the financial markets. The program offers investment banking certification and the CISI (The Chartered Institute for Securities & Investment ) certified IOC (Investment Operations Certificate) upon completing the program.

These certifications are well-recognised and equip students for a worthwhile career within the money market and basics of stock, borrow & lending. Imarticus Learning has a placement team that helps students find jobs after completing the program. The program has a high placement rate, and students who complete the program have a head start in their careers as investment bankers.

The course covers all the topics related to investment banking such as handling complicated securities and derivative products, their trade-life cycles, and the functions associated with investment banking operations.

Importance of Ethics in Management Accounting

Management accounting is collecting, analysing, and presenting financial information to help business leaders make informed decisions. The practice employs several techniques, including margin analysis, constraint analysis, capital budgeting, inventory valuation, and trend analysis, to generate reports that aid management in their decision-making process. Ethics plays a vital role in risk management and decision analysis.

Ethical principles also forbid accountants from sharing confidential financial information with unauthorised parties or organisations, which could lead to serious legal issues for the company. Thus, comprehending the importance of ethics in management accounting is essential to understand how it influences the overall financial well-being of an enterprise.

Understanding Ethics in Management Accounting

Management accounting involves adhering to ethical principles and guidelines established by governing bodies to prevent the misuse of financial information or managerial positions. A company’s code of ethics or conduct outlines ethical concerns for management, which include honesty, integrity, and moral principles. Simple ethics rules can help improve risk management, including promoting ethical leadership and values-based decision analysis.

Importance of Ethics in Management Accounting

In management accounting, ethics as a topic is crucial to ensure compliance with laws and regulations. Failure to report negative information or use internal financial information for personal gain can lead to serious legal consequences for businesses. Ethical conduct also builds trust in managerial accountants handling sensitive business information, reducing legal risk. The Institute of Management Accountants (IMA) establishes ethical standards and principles to guide management accountants in maintaining ethical behaviour.

Maintaining Trust and Credibility: In management accounting, trust, and credibility are essential for success, and ethics is a key factor in achieving these. Trust is critical for effective business relationships, and its absence can affect decision-making. 

To build trust, accounting professionals must make impartial decisions and recommendations that benefit their clients. They must disclose conflicts of interest under independence guidelines. Compliance with applicable laws and regulations and avoidance of actions that harm the profession’s reputation is also essential for accounting professionals.

Ensuring Compliance with Regulations and Laws: Management accounting relies heavily on ethics, which involves adherence to relevant laws and regulations governing the profession. Compliance with accounting and finance standards is crucial for maintaining accurate records and reducing the likelihood of misconduct. 

Ethical principles ensure that all financial information is disclosed to business owners, directors, or managers. Failure to report negative information or misuse internal information for personal gain violates ethical standards. There are two ethical standards in financial reporting:

  • Integrity is a critical ethical standard that requires accountants to refrain from engaging in unethical behaviour. 
  • Credibility is another standard that necessitates accountants to communicate accounting information objectively and impartially to all stakeholders. 

Adhering to ethical guidelines is vital for accounting professionals to improve their profession, maintain public confidence, and demonstrate honesty and fairness. 

Ethical codes are fundamental principles that accounting professionals choose to follow to uphold public trust and demonstrate honesty and fairness. This says a lot about the importance of ethics in Management Accounting. Accounting professionals should refrain from actions that could harm their reputation, as business partners and others rely on their ethical conduct.

Promoting Responsible Decision-Making: An effective way to teach responsible decision-making to students is to present the responsible decision-making model and break down the steps into greater detail. The steps include:

  • Develop a code of ethics, conduct, or similar policy that sets clear objectives, standards, and expectations.
  • Make ethical performance a strategic priority.
  • Set the tone from the top by showing leadership and being seen to live by ethical principles.
  • Provide ethical frameworks to be used in decision-making.
  • Uphold promises and commitments to employees and stakeholders.
  • Acknowledge and reward ethical conduct.
  • Hold accountable those who violate ethical standards, especially leaders.
  • Model ethical conduct both professionally and personally.
  • Keep a ‘values focus’ in big and small moments.
  • Improve training, communication, and leadership to embed an ethical culture.
  • Follow the decision-making framework stringently in situations where ethical implications loom.
  • Comply with overarching ethical principles of honesty, fairness, objectivity, and responsibility.

Protecting Company Reputation: In management accounting, business ethics plays a critical role in protecting a company’s reputation. It is a valuable asset that is easily damaged by unethical practices. To safeguard their reputation, companies establish and incorporate ethical standards. A survey found that 80% of respondents viewed the reputational perspectives of stakeholders as a significant driver in establishing ethical standards. When companies prioritise business ethics, it motivates their employees to perform their duties with integrity. 

When it comes to leadership, Ethics in management accounting influences employees to make better decisions more efficiently, improving productivity and morale. A certified management accountant would be aware of all these ethics. Consistently behaving ethically can establish a positive reputation and lead to long-term financial benefits. By adhering to high ethical standards, companies can promote a drive to succeed internally among executives, management teams, and staff. 

Confidentiality: Confidentiality is an essential aspect of ethics in management accounting. The Code of Ethics for management accountants emphasizes the importance of confidentiality, stating that accountants cannot use or disclose any confidential information that is acquired during professional or business transactions, even after the business or professional relationship has ended. 

Confidentiality is one of the ethical frameworks for independence, integrity, and professional competence that guide decision-making and help preserve the reputation of the field of accounting. Confidentiality helps protect businesses from their competitors assists companies in maintaining their competitive advantages, and prevents the invasion of the company’s privacy.

Ethical Challenges in Management Accounting

Here are some ethical challenges in management accounting:

  • Misleading or inaccurate financial reporting, including inaccuracy, incompleteness, and questionable re-categorisation
  • Fraud and tax evasion
  • Conflicts of interest
  • Pressure to meet financial targets
  • Confidentiality breaches
  • Overstating performance and valuation
  • Participating in fraudulent activity
  • Non-compliance with laws and regulations
  • Lack of transparency
  • Failure to disclose relevant information

Conclusion

Management accountants must act ethically to maintain trust, comply with regulations, protect the organisation’s reputation, be personally accountable, and make informed decisions. There are various CMA courses that help people learning all about it, one can also enrol in those to get more clarity over the subject.

Supply Chain Analytics and Data-Driven Supply Chain Management

Data-driven supply chain management and supply chain analytics are two related concepts used to optimise and boost the effectiveness of supply chain operations. Data analytics and sophisticated analytical methods are used in supply chain analytics to examine vast amounts of data pertaining to supply chain operations. On the other hand, data-driven supply chain management uses analytics and data to facilitate tactical and supply chain management strategies

Supply chain analytics and data-driven supply chain management work together to empower organisations to use data and analytics to obtain important insights into their supply chain operations, discover areas for improvement, and make data-driven decisions. All in all, both are involved in enhancing the efficiency of their supply chains by utilising the power of data.

What is Supply Chain Analytics and Why is it Important?

The application of data analytics and advanced analytical tools to analyse and optimise supply chain operations is referred to as supply chain analytics. It entails gathering, analysing, and interpreting data pertaining to different parts of the supply chain. The main goal of supply chain analytics is to obtain insights, discover patterns and trends, and make data-driven supply chain management strategies to improve overall performance in the field. 

It is significant because it gives firms expanded visibility, better decision-making capabilities, higher operational efficiency, proactive risk management, better customer service, and a competitive edge in the highly complex and ever-evolving sector of supply chain management.

What is Data-Driven Supply Chain Management? 

The process of leveraging data and advanced analytics to make educated decisions and optimise supply chain operations is referred to as data-driven supply chain management. It entails gathering, analysing, and using data from numerous sources across the supply chain in order to obtain insights, detect patterns, and drive data-driven activities for enhanced performance, efficiency, and effectiveness.

The main constituents of data-driven supply chain management include:-

  • Data collection
  • Data integration
  • Data analysis
  • Data-driven decision-making 

Machine learning, predictive analytics, and prescriptive analytics are common approaches used to analyse massive and complex data sets, find patterns, trends, and abnormalities, and provide suggestions or improve choices.

Importance of Data Analytics in Supply Chain Management

Data analytics is critical in contemporary supply chain management, providing considerable advantages in terms of efficiency, cost savings, and strategic decision-making. These are some of the most essential reasons why data analytics is vital in supply chain management:-

  • Improved Visibility: Data analytics enables real-time visibility into many parts of the supply chain, such as inventory levels, transit routes, and demand trends. This enables supply chain executives to monitor operations, resolve issues or disruptions, and quickly respond to changing events, resulting in increased overall visibility over the supply chain.
  • Better Forecasting: Data analytics helps supply chain managers to develop accurate demand projections by analysing historical data, consumer preferences, market trends, and other pertinent aspects that result in better demand planning and customer service levels.
  • Improved Operational Efficiency: Data analytics aids in the identification of inefficiencies and opportunities for improvement in supply chain processes that leads to greater operational effectiveness and reduced expenses.
  • Streamlined Inventory Management: Data analytics allows supply chain managers to improve inventory levels by examining data on demand patterns, lead times, and other factors that contribute to the enhancement of working capital management and lower inventory expenses.
  • Optimised Supplier Management: Data analytics aids in the evaluation and selection of suppliers based on performance data and also in the identification of possible supply chain hazards. This aids in the overall maintenance of a stable and efficient supply base.
  • Development of better supply chain management strategies: Data analytics delivers insights and knowledge to supply chain managers, allowing them to make more informed and strategic decisions and data-driven choices for the supply chain’s long-term performance.

How is Supply Chain Analytics Related to Data-Driven Supply Chain Management?

Data-driven supply chain management is a key constituent of supply chain analytics. It refers to the use of analytics techniques and tools for data analysis in order to acquire insights into supply chain operations, performance, and effectiveness. One of the important components of data-driven supply chain management is supply chain analytics, which comprises the gathering, integration, analysis, and interpretation of data to facilitate decision-making and improve supply chain operations.

Supply chain analytics Data-driven supply chain management
Supply chain analytics involves the evaluation of data from multiple sources, supply chain analytics use data-driven techniques such as descriptive, predictive, and prescriptive analytics. In contrast, data-driven supply chain management involves the application of data and analytics to streamline decision-making and optimise supply chain operations holistically in the supply chain.
It relies on insights garnered from historical sales data, transportation data, production data, inventory data, and other data points.  It relies on data-driven aspects like data collection, data governance, data integration, and decision-making based on the insights extracted from data. 
These approaches aid in the identification of trends, connections, and irregularities in data, as well as the generation of insights that may be utilised for decision-making and process improvement. Data-driven supply chain management employs supply chain analytics as a tool to garner data-driven insights and facilitate decision-making. It also includes the integration of larger strategies and techniques of leveraging data to optimise supply chains.

Conclusion

In the dynamic and complex field of supply chain management, supply chain analytics, and data-driven supply chain management enable organisations to use data and analytics to make informed decisions, streamline operations, lower costs, enhance customer satisfaction, and gain a competitive edge. Hence, there is a growing need for experts in supply chain analytics. Firms are increasingly understanding the value of data-driven decision-making in supply chain management. 

Companies in a variety of industries are looking for supply chain analytics experts to help streamline their supply chains and enhance performance. To get started in this career field, you can take up an Operations and Supply Chain Management course offered by Imarticus Learning. 

What is Social Media Analytics?

Today, social media has become an inseparable part of people’s lives. Everyone is indulged in social media in one way or the other. However, knowing deep down that one can be an expert and social media is one thing and being able to back it up is quite another. Using social media for one’s profit has become easy with the help of social media analytics as it plays a crucial role in making a brand campaign a success.

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Data is very important as it allows professionals to clearly look at the brand objectives and decide how to proceed with them. Social media analytics helps in understanding what is more crucial and what can be considered secondary. An online CMO program can help you better understand the concept of social media Analytics and how it can increase one’s engagement and reach.

Social Media Analytics: Meaning

Social media analytics is the process and ability to collect and identify meaning in the data sourced from various social media streams, platforms and channels. Social media analytics also includes measuring the performance, engagement of social media accounts and collection of data points. Based on the evaluation, analytics professionals incorporate the best strategies to convert the actions into results.

Social media analytics includes heavy marketing research and the various parameters help digital marketing professionals assess what works in their favour and what does not. Social media analytics not only contributes to the larger brand objectives of a company but also assists in understanding customer sentiments and providing support to them in every way possible. 

Additionally, social media analytics also contributes to the larger goals of an organisation that includes the metrics of spotting recent social media trends and preventing PR problems even before they occur.

Tracking Data From Social Media

Keeping a regular tab on social media activities can be very confusing and tiring at times. One may think of it as a very difficult and time-consuming task but the only hack is proper planning and implementing the right strategies. 

One can effectively track social media analytics by setting SMART goals. SMART stands for Specific, Measurable, Attainable, Relevant and Time-bound. SMART goals act as a guide to assess the success or failure of social media and to determine whether the campaign has been able to achieve the organisational goals or not.

SMART goals can be described as follows:

  • Specific: One should be absolutely clear and precise about what one is trying to achieve, and what the goal is. For effective social media analytics, one should specify the exact objective that needs to be fulfilled.
  • Measurable: Quantification of data is always a top not advantage for every analyst. Setting quantifiable indicators is very important to make the goals clear. For tracking the success of a campaign it is essential that the goals are specified in some quantifiable metrics.
  • Attainable: The goals must be within the reach to achieve them. Setting the bar too high that achieving it becomes absolutely impossible is of no use. Setting reasonable goals that can be attained is a mindful decision.
  • Relevant: setting goals that are relevant to the company or the brand is useful. One must be clear about how the goal fits into the bigger picture. One must try to achieve a goal that can yield better results for the company.
  • Time-bound: Setting appropriate deadlines is crucial. A brand must be clear about when they hope to achieve its objective. The goal should be feasible and defined in a manner that a timeline can be anticipated for achieving the goal.

Benefits of Social Media Analytics

Social media has been extremely important in present times as it provides the following benefits:

  • Enhance customer acquisition: Customers are the lifeboat of any brand. Marketing professionals use social media analytics to increase brand awareness among potential customers. Social media analytics also improves customer interactions. The consumers feel satisfied and know that the brand is always there to back them up.
  • Protect brand reputation: Maintaining good brand health is one of the key features of a successful marketing campaign. Social media analytics improves brand awareness among potential clients. Reaching out to new consumers and making them aware of the brand is also part of the process. The reputation of the brand depends upon how the consumers perceive it.
  • Reduce customer care expenses: Customer care requires focused attention and a dedicated team to solve customer issues. As consumers know that the brand already has information about their purchases and so, they expect that the brand will instantly do away with all their issues. Consumers expect that the brand will make efforts to strengthen its relationship. Regular social media analytics allows the brand to anticipate the needs and wants of the customers.
  • Increase product launches: Brands can capture the market on new trends with the help of social media analytics to understand the area of interest of the customers. Additionally, it helps in creating actionable insights aid, minimising risks, and identifying market opportunities that ultimately help ensure the success of the product launch.
  • Enhance crisis management: Social media analytics is a great way of avoiding a crisis even before it happens. However, it depends upon parameters like the gravity of the crisis, duration, consequences and so on. Social media analytics helps prepare a management strategy and response protocols.
  • Improve campaign performance: Through social media analytics, brands can discover what matters and motivate their customers to buy a product or service. Social media analytics assists in creating engaging and thoughtful brand campaigns that build an emotional connection with the audience. The marketing team can put more personalised and effective marketing plans in motion.

Conclusion

Choosing the right social media analytics is one of the best investments a company can make for their brand. Marketing professionals are in high demand as every company wants to use social media to their best advantage in today’s time. Social media has become one of the greatest ways of marketing which places marketing professionals even more in demand.

If you are a marketing professional and want to become a CMO of the future, register for the Executive Certificate Programme for Strategic Chief Marketing Officer by Imarticus. This course will help you learn all the recent marketing tactics and their use cases. This can help you climb the success stairs in your marketing career. 

Data-Driven Cybersecurity: How can AI and Analytics help keep cyberspaces secure?

As the threat landscape in cyberspace becomes sophisticated, organisations are seeking innovative solutions to safeguard their digital assets. Artificial Intelligence (AI) and analytics have emerged as powerful tools in cybersecurity defences. 

By leveraging advanced algorithms and machine learning, these technologies enable data-driven security measures that can detect and prevent cyber-attacks. 

Technologies such as machine learning and advanced algorithms enable data-driven security measures.

In this article, we will explore the role of AI and analytics in maintaining secure cyberspace, and how they can help organisations enhance their cybersecurity posture.

Artificial Intelligence (AI) and Cybersecurity

AI is a cutting-edge technology that empowers machines to perform tasks requiring human intelligence. In cybersecurity, it plays a crucial role for Cybersecurity Analysts in Incident Handling.

AI systems can detect cyber threats, generate alerts, identify new forms of malware, and protect sensitive data.

Leveraging AI techniques such as deep learning, machine learning, and natural language processing helps organisations to install automated and intelligent defences, helping Cybersecurity Analysts detect and mitigate cyber events.

It ensures efficient incident handling and minimises risks to systems and data.

Is Cybersecurity Automation Safe?

Enhancing cybersecurity is currently reliant on human intervention. But, specific tasks, such as system monitoring, can be automated using AI.

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Automating these processes can boost organisations’ threat intelligence capabilities. It also helps save time detecting new threats, which is crucial as cyberattacks become more sophisticated.

The safety of using AI in cybersecurity automation is established through existing use cases in various business environments.

Automation plays a pivotal role in cybersecurity. It allows organisations to optimise security and operations without the need for extra staff.

How Can AI Help in the Prevention of Cyberattacks?

AI in cybersecurity empowers security professionals to:

  • Detect characteristics of cyberattacks
  • Strengthen defence measures
  • Analyse data for user authentication
  • Uncover clues about cyber attackers’ identity

Applications of AI in Cybersecurity

Improving password security and authentication

AI can improve the website and online services’ password protection and user authentication. Extra security measures are crucial to safeguard sensitive information and prevent unauthorised access.

Organisations can detect and verify genuine login attempts using AI-powered tools such as CAPTCHA. Other tools like facial recognition, and fingerprint scanners are also applicable.

These solutions mitigate cybercrime such as brute-force attacks and credential stuffing. Both pose severe risks to network security.

Improved anti-phishing efforts

Phishing remains a common cybersecurity threat across industries. But, AI can play a vital role in detecting and preventing such attacks.

AI email security solutions can catch oddities and indicators of phishing through the content and context. It includes identifying spam messages, phishing campaigns, and legitimate emails.

Using machine learning algorithms, AI can learn from data to improve its analysis and adapt to new threats.

It can also understand users’ communication patterns, typical behaviour, and textual patterns. All of these are crucial in identifying advanced threats like spear phishing.

Better vulnerability management

As cyber criminals use sophisticated methods, organisations face many vulnerabilities that must be managed. Traditional systems struggle to keep up with the volume of new vulnerabilities discovered and reported daily, making real-time prevention challenging.

AI-powered solutions such as user and entity behaviour analytics (UEBA) help organisations analyse servers and users. It identifies strange or unusual behaviour that could state a zero-day attack.

Organisations can mitigate potential risks by leveraging AI, and protect themselves from cyberattacks.

Optimising network security

Network security requires creating policies and understanding the network topology. It can be time-consuming and complex.

Organisations must distinguish legitimate connections from malicious ones. They also need to install a zero-trust approach to security through policies.

But, manual efforts could be more effective in deploying and maintaining policies across many networks. Incorrect naming patterns for applications and workloads can further complicate the process.

AI learns network traffic patterns over time, allowing it to recommend fitting policies and workloads. All the while, streamlining network security processes.

Enhancing threat detection with behavioural analytics

Traditional defences rely on attack signatures and indicators of compromise to catch threats. It may not be practical given the sheer volume of new attacks launched by cyber criminals yearly.

Organisations can leverage behavioural analytics to augment their threat-hunting processes.

Behavioural analytics can develop profiles of applications deployed on networks using AI-model. It can also help analyse large volumes of device and user data.

Incoming data can then be compared against these profiles to identify hostility and improve threat detection.

Advantages of AI in Cyber Risk Management

Using AI-powered cybersecurity systems offers considerable advantages in managing cyber risks. These advantages include the following.

Improved threat identification

Cybersecurity systems powered by AI use extensive data analysis to learn and adapt to threats. It helps organisations detect threats in real-time, improving their attacking and fortifying abilities.

Continuous learning and adaptability

AI-powered cybersecurity systems learn and adapt to new threats and techniques used by cybercriminals, staying ahead of evolving threats. It makes it difficult for hackers to bypass the organisation’s defences and improves the solidity of cybersecurity defences.

Better data analysis

AI systems excel at analysing extensive volumes of data, including network traffic, logs, and user behaviour. They identify patterns and anomalies that may signal potential security threats. 

This ability helps organisations detect potential threats that might evade traditional security tools.

Advanced behavioural analytics

AI can analyse user behaviour and identify variations from standard patterns. It allows for early detection of insider threats or suspicious activities that may state a cyber attack.

Efficient compliance management

AI can automate the tracking and reporting of adherence to regulatory needs and industry standards. Ir assists organisations in assuring compliance and reducing the risk of compliance breaches.

Security automation

AI can automate routine security tasks, such as patch management and configuration. It minimises human errors and enhances organisations’ security posture.

Predictive analytics

AI can use predictive analytics to identify patterns and trends in data that may signify potential security threats. It helps organisations take proactive measures to prevent cyber attacks.

Incident investigation and forensics

AI can help in incident investigation and forensics by analysing digital evidence. It helps identify the root cause of incidents and delivers insights for rectification and prevention.

Conclusion

Integrating AI in cybersecurity offers many benefits for organisations in managing risks. Cybersecurity Analysts and Incident Handling professionals can leverage AI’s capabilities in continuous learning, detecting unknown threats, and handling vast data volumes to safeguard against evolving cybersecurity threats.

If you want to become a Cybersecurity Analyst, consider Imarticus Learning’s Post Graduate Program In Cybersecurity courses, which offers comprehensive training and knowledge to excel in cybersecurity.

Visit Imarticus Learning for more information. Contact us through chat support, or drive to one of our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Delhi, and Gurgaon.