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A Complete Guide to Cracking the CMA Exam

Posted on April 10, 2023January 23, 2024 by Imarticus Learning

The Certified Management Accountant (CMA) exam is a professional certification exam designed to test the candidate’s knowledge and skills in management accounting and financial management.

Passing the CMA exam can open up many opportunities for career advancement and higher salaries. However, the exam is rigorous and requires extensive preparation. This guide will provide you with the essential steps to crack the CMA exam.

About the CMA exam

The Certified Management Accountant (CMA) exam is a professional certification exam offered by the Institute of Management Accountants (IMA) for management accountants. The exam is designed to test the candidate’s knowledge and skills in management accounting and financial management.

Steps to prepare for the CMA exam

If you are considering a career in management accounting and financial management, pursuing the Certified Management Accountant (CMA) certification, here are the steps to successfully prepare for the CMA exam:

Step 1: Understand the exam format and syllabus

The CMA exam consists of two parts, each of which is four hours long. Part one covers financial planning, performance and analytics, while part two covers strategic financial management. Both parts of the exam are computer-based and are administered at Prometric testing centres.

The exam covers a wide range of topics, including financial statement analysis, cost management, internal controls, risk management, investment decisions and professional ethics. To pass the exam, candidates must achieve a score of at least 360 out of 500 in each part of the exam.

Before starting your preparation, you must familiarise yourself with the exam format and content. You can visit the website of the Institute of Management Accountants (IMA) to find more information about the exam, including the exam syllabus, sample questions and exam policies.

Step 2: Meet the eligibility requirements

To be eligible for the CMA exam, candidates require a bachelor’s degree from a recognised institution and a minimum of two years of experience in management accounting or financial management.

Prospective candidates can also take the exam if they have a professional certification in a related field, such as the CPA or CFA.

Ensuring that you meet the eligibility requirements before registering for the exam is essential. You will need to provide proof of your education and work experience to the IMA to verify your eligibility.

Step 3: Create a study plan

To crack the CMA exam, you must dedicate a significant amount of time and effort to effective preparation. You can stay organised and focused on your goals by creating a study plan, which is crucial.

Start by identifying your strengths and weaknesses in each exam topic to determine the areas you need to focus on the most.

Then, set realistic study goals and create a schedule that fits your lifestyle and study preferences. Additionally, consider supplementing your preparation with study materials, such as textbooks, study guides and online certified management accountant courses.

Step 4: Practice

Practising is the key to success in the CMA exam. You will need to practise solving exam questions and case studies to master the exam content and format. The IMA provides sample questions and a practice exam on its website, which you can use to test your knowledge and skills.

Consider using study materials that include practice exams and questions. You can also enrol in a certified management accountant course to practise with other candidates and get feedback from experienced instructors.

Step 5: Review your performance

After completing practice exams and questions, review your performance and identify areas where you need improvement. Analyse your mistakes and try to understand your weak areas.

It is also helpful to track your progress throughout your preparation. Keep a record of your scores on practice exams and questions, and review them regularly to monitor your improvement.

Step 6: Manage your time effectively

Time management is crucial in the CMA exam. You will need to complete each part of the exam in four hours, which means you will need to manage your time effectively to finish all the questions and case studies.

Practise time management techniques, such as setting a time limit for each question, prioritising the most important questions, and taking breaks to avoid burnout. It is also essential to keep track of the time and pace during the exam.

Conclusion

Pursuing the CMA certification can be a smart choice for your career. The certification can provide you with numerous benefits, including career advancement opportunities, increased earning potential, global recognition, network and professional development.

If you are considering a career in management accounting and financial management, then pursuing the Imarticus CMA Certified Management Accountant course can be an excellent investment in your future.

GitHub Copilot – Things You Didn’t Know

Posted on April 10, 2023July 20, 2023 by Imarticus Learning

GitHub Copilot is a tool for automatic code completion that uses artificial intelligence (AI) that OpenAI created in partnership with Microsoft and GitHub. Copilot may be used with various programming languages and frameworks and is built to integrate with current development practices effortlessly. Several businesses utilise it to increase the effectiveness of their back-end development software.

With the automation of repetitive coding processes and a decrease in the requirement for manual coding, GitHub Copilot has the potential to boost developer productivity significantly.

To learn more about this tool, continue reading!

Users of GitHub Copilot

An AI-powered coding tool, GitHub Copilot can speed up and streamline code writing for engineers. Here are a few users of GitHub Copilot:

Developers: The primary users of GitHub, developers use the platform to collaborate on code and devise systematic data structures and algorithms.
Project Managers: With GitHub, project managers may assign tasks, monitor team members, and measure progress.
Designers: Designers work together on design assets like icons, logos, and other visual components using GitHub.
Open-source contributors: They can send requests, track down problems, and assist with project maintenance.
Students and educators: Both students and teachers may use GitHub to organise assignments and give feedback. Students can use it to submit projects and assignments.
Companies: Organisations may use GitHub to coordinate teamwork and manage software development projects.

What is the price of GitHub Copilot?

If you are considering using GitHub Copilot, then you may want to know how much it will cost and whether it will fit your company’s budget.

The free trial period is 60 days. You can choose to continue using the product once your trial is over. If so, then the cost is $100 annually or $10 per month for each user.

You can use the product for free under certain circumstances. Verified students, professors, and those who look after some well-known open-source projects can use GitHub Copilot for free.

10 things about GitHub Copilot

Some of the hacks about GitHub Copilot developers must know are as follows:

Utilise the appropriate context: Since it analyses the context of your code, it is essential that you give it the appropriate context.
Change your settings: It allows you to change the number of suggestions and types of code it creates.
Employ tab completion: You may hit the tab key to have GitHub Copilot immediately enter the proposed code when it offers a recommendation.
Try out several prompts: It offers multiple prompts for various programming jobs. Try out various prompts to find which ones suit you the best.
Review the produced code: It is not flawless and hence, may produce incorrect or ineffective code. Before utilising the created code, always examine it.
Documentation: It can produce comments and documentation for your code, saving you time and enhancing the quality of your documentation.
Testing purposes: Use GitHub Copilot to create test code for your applications to help find errors and ensure your code functions as intended.
Refactoring: It may provide code for refactoring activities like variable renaming or method extraction.
Discovering ideas: It is a valuable resource for discovering fresh programming ideas and best practices. Try out several prompts to see how they function, and then use the resultant code as an outset for more research.
Provide feedback: It is currently in technical preview; therefore, it’s critical to assist the programme’s recommendations to improve. Inform if you run into problems or if the ideas are of little use.

Drawbacks of the tool

With its remarkable feature, GitHub Copilot generates code suggestions through which DevOps developers may save a tonne of time. However, developers should be mindful of the constraints it still has. One of its main drawbacks is that GitHub Copilot only supports a few programming languages, making it potentially inappropriate for developers who work with other languages.

Moreover, GitHub Copilot may not always provide the most effective or optimal code because its recommendations are dependent on the patterns and standards discovered in the training data. In addition, there are issues with security and intellectual property, as well as the biases and quality of the training data. Developers should utilise GitHub Copilot carefully and be aware of its limitations, even if it is a strong tool.

Wrapping Up

GitHub Copilot is a promising development in AI, but there are concerns about its potential misuse. It is important for developers and the industry to monitor the development and ensure it is used responsibly and ethically. Developers can learn about this tool by enrolling in an appropriate course.

Imarticus Learning’s Full stack developer pro course teaches students the skills and knowledge necessary to become a full-stack developer . It covers a range of technologies like HTML, SQL, GitHub Copilot, and MongoDB and includes online classes, live projects, hands-on exercises, and career support. Upon completion, students will be armed with the skills necessary to build dynamic and responsive web applications and manage them in production environments.

Top Data Mining Algorithms Data Scientists Must Know in 2023

Posted on April 10, 2023April 4, 2024 by Imarticus Learning

Data mining is an essential part of data analytics and one of the primary areas in data science. Various data analytic methods are employed to spot repetitions and glean information from large data sets. Businesses can identify future patterns and make more informed decisions using data mining techniques and tools.

As a data scientist, it is necessary to learn data mining in detail to comprehend unstructured raw data. This blog will discuss the top five data mining algorithms data scientists must know in 2023.

What is data mining?

Businesses use data mining to transform unstructured data into helpful information. Businesses can discover more about their customers to create better advertising techniques, boost sales, and cut costs by using software to search for patterns in large batches of data.

Effective data gathering, warehousing, and computer processing are prerequisites for data mining.

Businesses can use data mining for various purposes, such as determining what products or services their consumers want.
Based on the information customers provide or request, data mining programmes analyse patterns and relationships in data.
Apart from spotting repetitive patterns, data mining is also used to observe anomalies to detect fraud and scams in the financial sector. SaaS companies use data mining to filter out fake accounts from their database.

Why is data mining important?

Successful analytics efforts in organisations depend on data mining. The data it produces can be used in real-time analytics applications that look at live streaming data, business intelligence (BI) and advanced analytics applications that analyse historical data.

Planning effective business strategies and managing operations are just a few ways data mining can help. In addition to manufacturing, supply chain management, finance, and human resources, this also involves front-office activities like marketing, advertising, sales, and customer support.

Multiple other crucial business use cases, such as fraud identification, risk management, and cybersecurity planning, are supported by data mining. Management, scientific and mathematical research, and sports are other fields that use data mining extensively.

Top data mining algorithms that data scientists must know

Below are some of the best data mining algorithms important in 2023.

C4.5 Algorithm

Developed by Ross Quinlan, C4.5 produces a decision tree-based classifier from previously classified data. A classifier is a tool for data mining that uses previously classified data to identify the class of incoming new data.

There will be a unique collection of attributes for each data point. The decision tree in C4.5 categorises new data based on the responses to questions on attribute values.

Since the training dataset is labelled using lasses, C4.5 is a monitored learning method. Compared to other data mining algorithms, C4.5 is fast and well-liked because decision trees are always easy to understand and analyse.

Apriori Algorithm

One form of data mining technique is to use association rules to find correlations between variables in a database. The Apriori algorithm learns association rules and is then used on a database with many transactions.

The Apriori algorithm is categorised as an unsupervised learning method because it can find intriguing patterns and reciprocal connections. Although the method is very effective, it uses a lot of memory, takes up a lot of disk space, and is time-consuming.

K-means Algorithm

K-means, one of the most popular clustering algorithms, operates by forming k groups from a collection of objects depending upon their degree of similarity. Although group members won’t necessarily be alike, they will be more comparable than non-members.

Standard variations state that it is a non-monitored learning algorithm because k-means understands the cluster without outside input.

Expectation-Maximisation Algorithm

Like the k-means algorithm for information discovery, Expectation-Maximisation (EM) is employed as a clustering algorithm. The EM algorithm iterates to increase the likelihood of seeing recorded data.

Then it uses unobserved variables to determine the parameters of the statistical model, producing some observed data. The Expectation-Maximisation (EM) algorithm, another example of unsupervised learning, uses unlabelled class knowledge.

kNN Algorithm

A classification method that uses lazy learning is kNN, which only saves the training data during the training procedure. Lazy learners start categorising when new, anonymous data are presented as input.

On the other hand, C4.5, SVN, and Adaboost are fast learners and start developing a categorisation model during training. kNN is regarded as an algorithm for supervised learning because it is given a labelled training dataset.

Conclusion

Learning about the various data science algorithms is essential for a data scientist. Check out Imarticus’ Certified Data Science and Machine Learning course to learn more about data mining.

This IIT data science course has been created with iHub Divya Sampark to help you learn data science from scratch. In this course, esteemed IIT faculty members teach machine learning with Python and ways to use data-driven insights in a business setting.

Financial Accounting v/s Management: Top Differences

Posted on April 10, 2023November 29, 2023 by Imarticus Learning

A company needs financial accounting to effectively manage its financial activities and financial standing with regard to external stakeholders. It helps the company to keep track of its financial transactions. It is a necessary document required at the end of the financial year to ascertain the financial worthiness of a company. It is also required if a company involves in merger and acquisitions or even make any crucial decisions. The obtained financial information is used to make business-related transactions.

However, financial management requires decision-making.

Hence, the major distinction between financial accounting and management is that financial accounting is in charge of recording business transactions, whereas financial management collects business data and enables the company to make better decisions that help in achieving the goals of the company.

What is Financial Accounting?

It is the traditional form of accounting. It deals with the functions of record keeping, compiling information, preparing financial statements and so on. Calculating the financial worthiness of a company, its debt ratio, solvency and even goodwill is also part of financial accounting. This enables the company to give pertinent information to stakeholders.

What is Financial Management?

Financial management is responsible for allocating the company’s financial resources and making a financial decision to maximise the business’s success and increasing the return on investment (ROI). Financial management professionals arrange resources and plan and manage them according to the organisation’s financial needs.

Management professionals concentrate on finding and investing funds in the best possible areas. Managerial accounting is a part of management and is crucial to enhance the function of financial management of the company.

Difference Between Financial Accounting and Financial Management

The major distinctions between financial accounting and financial management can be enumerated as follows:

Meaning

The process of classification, documentation and analysis of a company’s financial records and financial transactions is known as financial accounting.

Financial management is the process of analysing business information to help make better business decisions for fulfilling the financial goals of the company.

Application

Financial accounting is strictly applied in recording business transactions to the actual and fair status of the financial affairs of the company.

Management is applied in the management space to stay up-to-date with business information and take relevant decisions.

Scope

The scope of financial accounting is a bit limited in nature. It is mainly concerned with recording business transactions and preparing financial statements.

Financial management is however wider in scope. It analyses the financial statements of the company and carries out the process of financial planning and making business strategies.

Measuring Grid

Financial accounting restricts itself only to the quantitative aspects of the company.

However, management deals with both the quantitative and qualitative aspects of the organisation. It analyses the numbers and also the strategies incorporated for daily operations.

Dependence

Financial accounting can be carried out independently and it does not depend upon financial planning or management in any way.

Financial management is dependent upon the financial statements that have been prepared by financial accountants. It allows management professionals to formulate new policies, accordingly.

Basis of Decision Making

Decisions in financial accounting are made on the basis of historical financial information. It records the information on the transactions that have already taken place.

On the contrary, both current and futuristic financial information is the basis of decision-making in financial management. It analyses the already recorded financial statements and makes strategies for the future.

Statutory Requirement

Financial accounting is a statutory requirement as the law requires the preparation of financial accounts of the organisations.

On the other hand, financial management is completely at the discretion of the organisation. The law does not expressly require this function to be performed by the companies.

Used by

Financial accounting mainly concerns the investors and stakeholders of an organisation. It helps them to see a clear picture of the financial status of the company, whereas financial management only concerns the administration. It formulas financial plans, strategies and business decisions.

Adherence to Rules

Financial accounting should adhere to the rules of GAAP or IFRS.

In the case of financial management, there is no specific rule regarding the presentation of information.

Segment Reporting

Financial accounting is applied to the entire company as every department needs to record business information for the preparation of financial statements.

On the other hand, financial management is applied to the department of financial planning and business administration.

Verification

The data and records in financial accounting are verifiable.

In the case of financial management, the data is predictive and is not verified immediately. The outcome, whether successful or not, can reflect on financial accounting books in the future.

Conclusion

Financial accounting and financial management are distinct in character but both aspects are important to sustain in the competitive business era. One must be educated in the fundamentals of accounting as well as the pertinent laws and standards in order to master these ideas. To understand them better, an IIM investment banking course is a great choice. An advanced course can help you scale great heights in the business world.

How is a supply chain management course from an IIT beneficial for aspiring candidates?

Posted on April 10, 2023April 4, 2024 by Imarticus Learning

No doubt, SCM is essential to any business that deals with the production & distribution of goods and services. With the constantly evolving & competitive business world, managing the supply chain efficiently has become more critical than ever. Consequently, there is a rising demand for supply chain professionals who possess knowledge and expertise in supply chain management.

And one of the ideal ways to acquire this expertise is by enrolling in a reputable institution’s supply chain management course. A supply chain management course is an excellent way for students to explore the various aspects of supply chain management. It is a comprehensive course that offers students knowledge as well as an understanding of the key concepts and principles of SCM.

In this post, we will discuss supply chain management, its merits as a career choice, and how an IIT supply chain mangement course can benefit aspiring candidates. So let’s begin!

Supply Chain Management: An Overview

Supply Chain Management refers to the coordination & management of activities involved in the production & distribution of goods and services. These activities include procurement, production, transportation, storage, and delivery. The idea of supply chain management is to ensure that products and services are delivered to customers in a timely and cost-effective manner. Furthermore, it seeks to minimize the number of steps involved in the process while still ensuring quality standards.

Is Supply Chain Management a Good Career?

Yes, supply chain management is an excellent career choice for those interested in logistics, operations, & management. According to the Bureau of Labor Statistics, the rise of employment of logisticians, who play a crucial role in supply chain management, is expected to grow by 28% between 2021 and 2031. So, don’t you think it’s time to start your career in supply chain management? Yes, it is.

What are the benefits of pursuing a supply chain management course from IIT?

An IIT, or Indian Institute of Technology, is a group of autonomous public engineering and technology institutes in India. These institutions are well-known for their academic excellence and research-based education.

Advantages of IIT supply chain courses for aspiring candidates:

High-Quality Education: IITs are known for their high-quality education, which is research-oriented & practical. The curriculum of supply chain management courses in IITs is designed to provide students with a thorough understanding of the supply chain processes as well as techniques.

Industry-Relevant Curriculum: The curriculum of supply chain management courses in IITs is designed in collaboration with industry experts. This ensures that the course content is relevant to the current industry practices and trends.

Internship Opportunities: IITs have tie-ups with various companies that offer internships to their students. Supply chain management students from IITs can benefit from these internships as they provide them with real-world experience and exposure to the industry.

Career Opportunities: Graduates of supply chain management courses from IITs are truly sought after by employers. Companies prefer to hire candidates with a degree from a reputable institution like an IIT. Moreover, IITs have a vast alumni network, which can be beneficial for job opportunities and networking.

Research Opportunities: How can we forget this? IITs are known for their research-based approach to education. As a result, students pursuing a supply chain management course from an IIT have access to numerous research opportunities. This allows them to explore the field in greater depth & contribute to its development.

Global Recognition: IITs are globally recognized as centers of excellence in education and research. Graduates of supply chain management courses from IITs are highly regarded by employers across the world. This can open up global job opportunities for them. Furthermore, being an IIT graduate in supply chain management can also enhance your chances of admission into top-ranked graduate programs.

Soft Skills Development: In addition to developing technical skills, supply chain management courses from IITs develop soft skills like communication, teamwork, and problem-solving. These are valued by employers and can give graduates an edge over their peers in the job market.

The Final Note

The demand for supply chain professionals is taking a rapid pace, and the supply chain management course will help you build the right foundation to get your dream job. You just have to ensure that you are enrolling in the right program & choosing a course that will help you develop the skills needed to succeed in this fast-paced industry.

Imarticus Learning offers a comprehensive supply chain management program designed in collaboration with IIT Roorkee to help students develop the skills they need to excel in this field.

The program covers topics like logistics, operations management, procurement, and more so you can build an understanding of how each aspect of the supply chain works together. So, if you’re interested in pursuing a career in supply chain management, Imarticus Learning’s program can be a great option to consider.

Top 7 benefits of pursuing a CFO course

Posted on April 10, 2023April 4, 2024 by Imarticus Learning

As the name suggests, a Chief Financial Officer (CFO) manages a company’s financial affairs. This role is critical to any business. Therefore, the CFO is expected to provide financial insights and advice to the board of directors.

Pursuing a CFO course can be an ideal investment for professionals looking to advance their careers in finance. When the CEO and junior finance team members cannot accurately assess the firm’s financial situation, evaluate cash flow, estimate future financial needs, and guide business strategy, it is time for the organization to consider hiring a CFO.

Some experts suggest that $10 million in annual revenue indicates that a full-time CFO should be hired. However, virtual CFO-as-a-service and part-time/fractional options are also available.

This post will discuss the top 7 benefits of pursuing a CFO course. Before diving into the advantages of being a CFO, let’s first understand who is CFO and what a CFO does.

Who is CFO?

A corporation chief financial officer (CFO) is an executive who manages the business’s finances. The main responsibilities of the CFO role are divided into three functional areas: controller, treasury, and strategy and forecasting.

A CFO is responsible for managing a company’s finances. A professional CFO works on financial reporting, monitors cash flow, and prepares financial statements. These responsibilities vary based on the size of the firm, its industry, and whether it is a public or private company.

Responsibilities of CFO include:

Financial planning
Return on Investment
Risk management
Liquidity
Record-keeping
Forecasting
Financial reporting

In several industries, data analysis falls under the purview of the CFO. Many choices rely on the CFO’s data and must supply the correct information.

The Chief Financial Officer (CFO) is in charge of overseeing a company’s financial operations. They also ensure compliance with generally accepted accounting principles (GAAP) set forth by the Securities and Exchange Commission (SEC) and other regulatory bodies.

The CFO course provides a deeper understanding of financial management. It also focuses on improving decision-making skills and offering networking opportunities. It also helps to develop skills to manage growth, profitability, cash flow, and expenses, negotiate with suppliers and customers, and manage organizational changes.

Additionally, becoming a CFO can offer higher salaries and bonuses. Therefore, it is an excellent motivator for pursuing a CFO course. If you are a finance professional looking to excel career, engaging in a CFO course can be a valuable investment.

What are the Benefits of Pursuing a CFO Course?

Becoming a CFO is a significant achievement in the career of any finance professional.

Here are the top 7 benefits that you can get after going for a CFO course:

Enhanced Knowledge and Skills

Pursuing a CFO course teaches about the understanding of financial management. The course covers financial planning, risk management, budgeting, and analysis. The expertise a CFO develops through professional experience can be very helpful for their success.

Manage Growth, Cash Flow, Profitability, and Expenses

CFO manages a company’s growth, profitability, cash flow, and expenses. The CFO course equips finance professionals with the skills and knowledge to perform these tasks effectively. CFOs make critical decisions regarding financial investments and risk management.

Improved Decision-Making

A CFO course can help finance professionals improve their decision-making skills. CFOs must make essential decisions that can impact the financial health of their organizations. This course can help finance professionals develop analytical and critical thinking skills. This, in turn, can help organizations make better financial decisions.

Networking Opportunities

Pursuing a CFO course can provide vast networking opportunities. Through this field, students interact with other finance professionals and have experience in the industry. This can help build relationships and expand professional networks, benefiting from career growth.

Negotiate with Suppliers and Customers

A CFO is responsible for negotiating with suppliers and customers. This requires good communication and negotiation skills. A CFO course can help develop these skills, which can help finance professionals deal effectively.

Maximizing Earnings Potential

CFOs are generally paid high salaries. Going for a CFO course also leads to bonuses. Additionally, a CFO certification shows a commitment to developing professionals.

Manage Organizational Changes

CFOs are also responsible for managing organizational changes. This could include mergers and acquisitions, restructuring, and expansion into new markets. A CFO course develops professional skills to manage changes effectively.

Ending Note

Pursuing a chief financial officer course can be an excellent investment for people looking to boost their careers in finance. The course can help finance professionals gain a deeper understanding of financial management.

Moreover, the system can provide networking opportunities and help develop the skills to manage growth, profitability, and cash flow. Lastly, the system can help finance professionals negotiate with suppliers and customers. They are also able to manage organizational changes effectively.

Consider enrolling in the Postgraduate Certificate Program for Emerging CFO Courses at IIM Indore in partnership with Imarticus Learning. This program will improve your career chances and develop your financial leadership capabilities.

Students can fully understand financial management and associated issues with this program’s comprehensive chief financial officer executive training. Students might gain access to various career prospects by enrolling in this course.

A Complete Guide to Becoming a Certified Ethical Hacker

Posted on April 10, 2023April 2, 2024 by Imarticus Learning

A certified ethical hacker, also known as a “white hat” hacker, is a cyber security specialist hired to use their hacking skills for legal and moral purposes. Certified ethical hackers utilise their computer and IT knowledge to identify and address vulnerabilities and potential threats to a company’s computer systems or networks. They seek to thwart hostile assaults launched by unauthorised parties that take advantage of these weaknesses for their gain.

Let’s explore how to make a successful profession out of ethical hacking!

Requisite Soft Skills for an Ethical Hacker

To succeed in ethical hacking, one must possess a variety of soft skills in addition to technical expertise. Some of the soft skills needed are listed below:

Problem-solving skills: Ability to think creatively and outside the box to solve complicated challenges.
Attention to detail: Ability to pay attention to minute details as the tiniest error might jeopardise a system’s security.
Communication skills: Ability to communicate simply and succinctly with clients and other team members to understand their demands.
Time management: Ability to fulfil project deadlines and prioritise duties.
Curiosity: Strong desire to learn and constantly upskill to stay up-to-date with the latest security threats and techniques.
Ethics: Ability to uphold the confidentiality of the information about their clients.

Why Go for a Career in Ethical Hacking?

There are several attractions of an ethical hacking career. Some of the key reasons why individuals choose this career include:

High demand: With the increasing dependence on technology and the rise in cyber threats, the demand for ethical hackers is overgrowing.
Lucrative salary: Ethical hackers are in high demand, and their salaries reflect this.
Job satisfaction: Knowing that you are making a difference in protecting sensitive data and preventing cyber-attacks can be very fulfilling.
Flexibility: Many ethical hacking jobs offer flexible working arrangements, including remote work options, which can provide an excellent work-life balance.

Principle Programming Languages Required for This Role

Depending on the purpose or goal, any number of programming languages can be helpful for ethical hacking. The following list includes some of the most popular programming languages:

Python: Python may be used for network research, scan vulnerabilities (to find out potential threats) and penetration testing.
C/C++: C/C++ is an effective low-level programming language that may be used to create vulnerabilities and system-level applications.
JavaScript: Web applications may be developed using JavaScript, which is also useful for testing and analysing them.
PowerShell: It is a powerful scripting language that may be used for pen-testing Windows-based systems. PowerShell is used for Windows administrative chores.

Best Resources to Learn Ethical Hacking

Engaging in any form of hacking without proper authorisation and legal permission is illegal and can result in severe consequences. There are several ways to practise hacking legally and ethically:

Take online courses: You may learn ethical hacking techniques securely and legally by enrolling in any of the various online courses and tutorials that are easily accessible.
Join a hacking community: Participating in a hacker community can open up chances for collaboration, learning new skills and ethical hacking in a safe and legal setting.
Participate in capture the flag (CTF) events: CTF events are competitions that test hacking skills and require participants to find vulnerabilities and exploit them in a controlled environment.
Attend cybersecurity conferences: Attending cybersecurity conferences might allow you to network with industry experts and learn about cutting-edge ethical hacking tools.
Work for a company: Many companies hire cybersecurity analysts to identify vulnerabilities in their systems and networks. It can be a terrific approach to obtaining practical experience while practising ethical hacking legally.
Ethical hacking tools: Both open-source and for-profit applications are readily accessible and may be used to test and find loopholes in networks and computer systems.
Books: Several books on ethical hacking are available of varying complexity — from fundamental ideas to sophisticated methods.

Prerequisites for Entry-level Ethical Hackers

Getting a degree is the easiest approach to becoming a certified ethical hacker. For this, one may:

Get certification in IT security
Enrol in a four-year computer science program
Join a two-year program that focuses on IT security and analysis

Entry-level ethical hackers typically have a fundamental understanding of the basics of cybersecurity and may have completed relevant certifications. The high demand for skilled ethical hackers has led to competitive salaries and benefits in the industry.

The salary of an ethical hacker without prior experience can vary depending on several factors, such as qualifications, skills, location, industry and employer. As they gain more experience and expertise, they can command higher salaries. Generally, the starting salary of an average certified ethical hacker is INR 5,10,958 per year, and that of an average cybersecurity analyst is INR 5,90,696 per year in India.

Conclusion

Hackers are no longer restricted to remote areas of the internet. One needs to learn hacking skills and have a good impact online to join them.

Imarticus offers an Advanced Certification Program in Cyber Security, which covers topics like network security, cryptography, ethical hacking and cybercrime investigations. It includes practical training, with hands-on experience in using industry-standard tools and techniques. It may be an excellent alternative for those seeking to acquire the abilities and information required to succeed as a Cybersecurity Analyst.

How to Choose the Right MBA Program in 2023

Posted on April 9, 2023May 6, 2023 by Imarticus Learning

How to Choose the Right MBA Program in 2023

Set the goals: It is important to set the goals before you search for the right MBA program. You can write down your career aspirations and what you are good at and what you need to do. After setting a defined goal, you can proceed with a clear idea.

Curate a gospel: 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 make informed choices and narrow down to MBA Program in 2023 that is best for you.

Research: It is important to research before you jump into an MBA Program in 2023. 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.

Find pros and cons: Check out the pros and cons of a particular BBA program so that you can clear idea of options. You might also want to take a detailed look at what are topics of the curriculum and whether it matches your career goals or not.

Decide on the mode of education

The universities and institutes are answering to the increased demand and providing online and flexible courses for those interested. As against the rigid and offline mode offered earlier, you will now find more online and self-paced MBA Programs in 2023. They also come with flexible timings to suit the needs of working professionals. Ensure that you choose the one that suits your demands. If you are a working professional, then you could choose an online program. However, if you are a student who needs complete guidance, then make sure to choose one with campus engagement.

What do you need to consider in an MBA

program?

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

Offered Specialization

There are multiple specializations offered in the MBA program. If you find yourself asking the question that what are the courses for an MBA, then here is the answer. There are a few prominent specialisations:

Digital Marketing

Business Analytics

Entrepreneurship

Finance

Strategy

Data Analytics

Risk management

Human resource management

Operations

International Business

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.

Faculty

Faculty is one of the biggest USPs of any MBA Program in 2023 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.

Curriculum

A highly text-based curriculum might not be the best choice when it comes to choosing an MBA Program in 2023. Management courses are rarely about taking notes. It must include case studies, real-world projects, skill development sessions, opportunities for internships and more.

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 MBA Program in 2023 In Fintech 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:

Basics such as principles, accounting, HR Management, organisational behaviour

Operations and supply chain

Information system management

Fintech in banking and finance

Entrepreneurship

Blockchain and applications

Cryptocurrencies

Cloud computing

Business research

Project management

Automation

Machine learning in fintech

AI in fintech

Fintech in payment and lending

You will 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.

The MBA Program in 2023 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 MBA course here.

5 considerations before building an effective supply chain management policy

Posted on April 8, 2023April 8, 2024 by Imarticus Learning

A supply chain is the backbone of a business. The success of the e-commerce industry depends on supply chain management systems. The supply chain allows us to order anything from anywhere. The items get delivered right to our doorsteps. A business with a great supply chain management system can have a great advantage over others.

The demand for online goods and e-commerce is on the rise. Consequently, the demand for supply chain management professionals is increasing too. A supply chain analyst is a key supply chain profession. Let us see how you can become a supply chain analyst through a supply chain management course with analytics. But first, let us go through some brief insights about the supply chain.

What is Supply Chain?

A supply chain is a network of people or organisations involved in the creation and sale of products. It can also deliver the provision of services. All the technology and resources used in this process form part of the supply chain.

How to Build an Effective Supply Chain Management Policy?

5 important considerations should be kept in mind for building an effective supply chain management policy.

Dependable Suppliers

Suppliers are your allies. Therefore, it is important to have dependable allies. This allows the efficient functioning of a supply chain management system. Suppliers should be capable enough to deliver high-quality and timely deliveries. Therefore, you should do thorough market research to identify high-quality suppliers. They should be reliable and have a high reputation for packaging, quality, customer care and ethics.

Inventory Management

An inventory management system is important for building an effective supply chain management policy. You should strive to achieve a perfect order rate. This means that you should receive deliveries on time. You should also keep an eye on the inventory-to-sales ratio. This will help you determine how often inventory is rotated during the year. An efficient inventory management system will help you avoid overstocking and stock-outs.

Increase the Supply Chain Visibility

While you focus on building your business, it is important to know how efficiently your supply chain systems are operating. You should be aware of the inefficiencies to be able to improve the system. Thus, you need end-to-end supply chain visibility. This includes suppliers, partners, warehousing, distribution, shipping centres and delivery. You should establish systems for real-time data sharing of the supply chain. This will help you get updated information and enable tracking.

Focus on Order-to-Pay Process

It is also known as the procure-to-pay process. It consists of all the steps from making the order to the final payment. Order-to-pay involves the functioning of all the departments of the company. These include procurement, sales, warehousing, logistics, finance, etc. Keep in mind that all these departments may be using different systems. This can cause a lack of coordination. Therefore, it is important to automate the procure-to-pay process of the organisation. This is where the last part comes in.

Leverage Technology

Technology is enhancing every industry. It has radically changed the way businesses operate. Technology is reducing human intervention, thus increasing the efficiency and speed at which tasks are performed. To build an efficient supply chain, you need to determine the processes that should be automated.

The technology should be advanced enough to coordinate between different departments. This allows any change in one department to be automatically communicated to another department. This can reduce manual intervention and prevent delays. Predictive analysis, automation and digitisation are important for ensuring an efficient supply chain.

Incorporating technology may involve certain costs initially, but the benefits will far outweigh the costs in the long run. You can also expect a reduction in operational costs as the processes become more efficient in the future.

Learning to Build an Efficient Supply Chain Management Policy

Now, we need to look at the basics of the supply chain. A formal supply chain management course with analytics can provide you with deep insights into supply chain management systems and how they function.

You can enrol in the IIT Roorkee Supply Chain Management Course by Imarticus Learning. It is a comprehensive supply chain management course with analytics. It will help you gain relevant job skills. You will also gain certification from one of the prestigious IITs. The curriculum is designed by the CEC, IIT Roorkee. It provides the opportunity for campus immersion. You get to learn from real-life industry projects that include:

ALKO’s annual inventory policy

Supply chain management with 7-Eleven

Minimising uncertainties in the supply chain

Predictive analytics for demand forecasting

The doors odd opportunities will open for you after completing the IIT Roorkee supply chain management course. You can become a supply chain analyst, demand planner, inventory analyst or lead manager in a reputed organisation.

A proper certification course can help you develop an efficient supply chain management policy for your business. It will help you become an expert supply chain analyst. The practical insights from real-life industry projects will provide ground-level understanding of the issues of a supply chain. You will thoroughly understand how a supply chain management system works.

Importance of leadership program for supply chain professionals

Posted on April 8, 2023April 2, 2024 by Imarticus Learning

Do you know the global supply chain market continues to experience a CAGR of 11.2% from 2020 to 2027? Yes, it’s entirely true. The value of supply chain management cannot be understated as the globe becomes more interconnected and globalized.

In order to manage organizational behavior, collaboration, motivation, and the will to innovate, which puts businesses ahead of the competition, strong leadership is necessary.

Companies rely on their supply chains to keep their operations running smoothly and deliver products to clients in a timely and efficient manner. However, managing a supply chain is a complex task requiring technical expertise and leadership skills. This is where supply chain management courses play a crucial role.

Supply chain management courses help students learn the fundamentals of managing a global supply chain. These courses help professionals gain the necessary knowledge and skills to manage their organizations’ supply chains successfully.

So, if you are interested in learning the fundamentals of supply chain management, this post is for you. This post will explore the importance of supply chain management courses and how they can help supply chain professionals enhance their technical and leadership skills to drive successful supply chain operations.

Importance of supply chain management courses

In today’s interconnected world, supply chain management plays a pivotal role in the success of businesses worldwide. It’s a complex task that requires a combination of technical know-how and leadership skills. And fortunately, there’s an effective solution to mastering supply chain management art – supply chain management courses.

Strong leaders who can inspire high performance from those around them are essential to the success of supply chains. Leaders offer their skills, passions, preferences, and objectives to assist their organizations in attaining their maximum potential.

These courses offer a unique opportunity to gain in-depth knowledge of managing a global supply chain. They provide a comprehensive understanding of the technical aspects of supply chain management, such as logistics, inventory management, procurement, and distribution.

Supply chain management courses serve as a launchpad for professionals looking to enhance their technical skills to drive successful supply chain operations. In addition to developing technical skills, these courses are designed to help professionals develop their leadership skills.

Leadership is critical in managing supply chains, as it involves building relationships with suppliers and customers, managing teams, and driving change within organizations. By enrolling in supply chain management courses, professionals can gain the confidence and skills they need to take on leadership roles within their organizations.

How does a leadership program fit into the equation?

While supply chain management courses offer an excellent foundation for technical knowledge, leadership programs provide an additional layer of skill development essential for supply chain professionals to succeed.

Leadership programs offer professionals the chance to learn advanced leadership skills and apply them to real-world scenarios. These skills include effective communication, conflict resolution, decision-making, and strategic thinking.

Leadership programs also offer a unique opportunity for professionals to network with other supply chain professionals and gain insights into best practices from different industries. Networking is a paramount aspect of professional growth, and the relationships formed in these programs can lead to career advancement opportunities.

Why must one pursue a leadership program for supply chain management?

Pursuing a leadership program for supply chain management can offer several benefits to professionals looking to advance their careers.

It can help them develop a comprehensive understanding of the key leadership skills necessary to manage a global supply chain successfully. Effective leadership skills are essential in driving change within organizations and managing teams, which are critical to managing a supply chain.
Leadership programs allow professionals to network with other supply chain professionals and gain insights into industry best practices. This exposure can help professionals stay up-to-date with the latest developments and trends, which can be crucial for success in a fast-paced and dynamic industry like supply chain management.
Leadership programs can help professionals enhance their decision-making, strategic thinking, and problem-solving skills, which are critical in managing complex supply chain operations. These skills can help professionals make informed decisions and take calculated risks necessary for success in supply chain management.
Lastly, pursuing a leadership program for supply chain management can also help professionals enhance their overall marketability and career prospects.

Conclusion

To sum up, supply chain management courses offer an excellent opportunity for professionals to gain the technical and leadership skills they need to manage global supply chains successfully.

Whether you’re a recent graduate looking to enter the field or an experienced professional looking to enhance your skills, these courses are effective methods to stay ahead of the game and succeed in today’s dynamic business landscape. So why wait?

Enroll in a supply chain management course today and advance your career!

Imarticus Learning offers comprehensive supply chain management courses to equip professionals with the necessary skills and knowledge to succeed. The courses are taught by industry experts with extensive experience in managing global supply chains. The curriculum is regularly updated to reflect the industry’s latest trends and best practices.