Game-based Learning Solutions to Increase Employee Engagement

According to the 70-20-10 Model for Learning and Development, 70% of learning is acquired from job experience, 20% from social interactions and the rest 10% from formal education.

Simply put, while social and formal learning only makes up a total of 30% of knowledge, 70% of one’s knowledge comes from experience. These numbers show that experiential learning is the best method of teaching. Games provide a platform for people to mimic experiential learning.

Why game-based learning?

Corporate Training

Game-based learning solutions involve employee training wherein they are taught new skills by making use of game elements. Gamification in learning is about applying game-based elements to a non-game context. The gamification elements focus on influencing the attitude and behaviour of employees by rewarding them with badges, virtual coins, trophies etc.

Sometimes, employees may feel frustrated with the conventional method of learning that involves text-based materials and long presentations. This is why we suggest implementing game-based training in your organisation as it provides a personalised and safe environment for employees to learn skills.

After extensive research, it was stated that, on average, a 60% engagement increase was experienced by employees with game-based work experience. 72% of people said that game-based learning motivated them to work harder on their job. If you are wondering how game-based learning can improve employee engagement, let’s explore some of the benefits of these solutions in that area.

Game-based learning benefits in employee engagement

1. Stimulates the mind

One of the many advantages of game-based learning is that it helps in stimulating the brain. The game-based learning element improves cognitive thinking, helps make better decisions and teaches valuable skills that are applicable in real life. It improves the functioning of the brain as the employee tries to explore different ways to tackle different situations in the learning process.

2.  Improves job satisfaction

There are certain game elements where your employees are required to work as a team. This collaborative environment will make them feel like a part of the team. And, that feeling of being able to contribute to achieving common goals will increase job satisfaction.

3. Offers personalised feedback

Personalised and immediate feedback is one of the major perks of gamification training. Just providing game-based learning solutions isn’t enough. It also requires constant monitoring. While providing game-based learning programs to practise is important, it is also crucial to observe their decisions and give feedback, especially on areas to improve.

4. Provides a secure setting

Game-based learning solutions offer a safe environment where employees can take risks without feeling stressed about the consequences. As these games present situations from real life, they get to practise skills and improve performance. This will increase their self-confidence.

5. Makes learning interesting

One of the reasons why people do not prefer conventional learning much is that it is boring. With traditional learning, your employees do not feel involved and so, they get easily distracted. But, on the other hand, game-based learning is more like a challenge. It offers an interactive platform for them to practise, compete and learn while having fun.

To sum up

Game-based training provides employees with a learning solution that focuses on the experience. It facilitates a safe environment where employees can learn, practice and experiment with their skills. It improves their self-confidence. As it offers an immersive experience, they tend to memorise the knowledge.

If you want to give game-based learning a try, Imarticus Learning has a number of courses with gamification elements.

Career Opportunities After MBA: Finance, Banking and IT

The emergence of fintech has given MBA graduates access to a new range of opportunities in the evolving fields of finance, banking, and IT.

The demand for fintech specialists is growing, and the inclusion of fintech into the banking and finance industry has derailed established norms and sparked a wave of change.

Cryptocurrency, one of the most talked about advancements in the fintech industry, is a testament to the growing impact of Fintech in banking and finance

With an MBA in Fintech and Banking, professionals are well-equipped to take on the challenges and opportunities of the evolving financial sector. 

MBA in Fintech course

This blog will discuss the various career options available after an MBA in finance, banking, and IT and what the future holds for this field.

Why MBA in Finance and Banking?

Keep up with the latest trends: An MBA in Finance and Banking will give you the most up-to-date knowledge and abilities to succeed in the evolving fintech industry.

Keeping up with new trends includes exposure to the latest trends in fintech, such as blockchain technology and cryptocurrency.

Enhance career opportunities: You can start a rewarding career in the fintech and financial services industries with an MBA in Finance and Banking. An

 is a wise investment for your future because businesses are adopting fintech at an increasing rate.

Build a strong foundation: A strong foundation in finance, investments, and technology is provided by an MBA in Finance and Banking, enabling you to comprehend and navigate the intricate interactions between these fields. 

Bridge the gap between finance and technology: An MBA in Finance and Banking can help you bridge the gap between conventional finance and cutting-edge technology. Fintech in Banking and Finance is an expanding field. 

This allows you to understand how technology changes the financial services industry and the economic future.

Extensive Career Opportunities

The MBA in finance, banking, and IT is a thorough programme that covers a wide range of subjects and disciplines, making it an excellent option for those looking to work in the financial and banking industries.

Here are some of the most sought-after career opportunities for MBA graduates in these fields:

Financial Analyst

Organisations look to financial analysts to solve problems by performing risk management and financial statement analysis. They assist in making decisions about products, consult with clients to help them choose the best investments, and forecast performance based on their research.

One of the best career options after banking is as a financial analyst, which is in high demand in multinational corporations.

Investment Banker

The management of initial public offerings (IPOs) and the selection of good mergers and acquisitions depend on investment bankers. They aid in capital raising through analysis and the creation of financial risk models.

The most prestigious financial institutions in the world need investment bankers to manage the relationship between companies and investors and to find new investment opportunities.

Chief Financial Officer (CFO)

A CFO’s duties include managing cash flow, developing practical plans to expect capital requirements, assessing the organisation’s financial performance, and pinpointing any bottlenecks.

For success, MNCs across industries need experienced CFOs in one of the most prestigious and crucial roles in any organisation.

Venture Capital Analyst

To identify promising startups that need funding for expansion, venture capital analysts are responsible for staying current on changing industry trends and collaborating with venture capital firms.

They must be knowledgeable about accounting, financial modelling, business savvy, analytical abilities, critical thinking, and problem-solving.

Risk Management Specialist

Risks to an organisation’s reputation and financial stability are to be evaluated, managed, and mitigated by risk management specialists. They analyse data, spot threats in the making, and devise plans to lessen the damage.

Financial analysis, modelling, and risk management are all topics that risk management specialists need to be well-versed in.

Financial Manager

A financial manager oversees the financial department, providing an organisation with financial services like budget creation, financial analysis, and forecasting, and ensuring the company stays on course and is solvent.

By controlling investment strategies and ensuring the company’s long-term financial stability, they strive to reduce risk and maximise profits.

Blockchain Technology Expert

With the rapid growth in digital finance and cryptocurrency, there is an increasing demand for experts who understand the intricacies of blockchain technology. 

The knowledge and abilities needed to create, design, and install blockchain solutions for businesses are acquired by earning an MBA in digital finance and banking, making them valuable in this quickly expanding industry.

Digital Product Manager

From the initial concept to a successful launch, digital product managers create and install digital products and services. They collaborate with cross-functional teams to ensure the product satisfies the business’s and its clients’ needs.

With their technical and business expertise, digital finance and banking MBAs are in high demand in the financial services, technology, and retail sectors.

Financial Markets Trader

Financial market traders aim to make money by buying and selling financial instruments like stocks, bonds, and currencies. They are in charge of keeping an eye on the state of the market and making well-informed trading decisions using their analysis.

Critical thinking, market, and financial analysis are essential for this position.

Conclusion

People who want to change the financial and banking industries have many career options thanks to an MBA in finance, banking, and IT. There are countless options, including financial and venture capital analysts.

The need for fintech experts has grown along with the expansion and development of digital finance. An MBA in financial technology programme is a great way to advance in the field.

Imarticus Learning’s KL MBA in Fintech programme is a comprehensive course that equips individuals with the necessary skills to succeed in this evolving industry. This programme is designed to give students a deep understanding of financial technology and its applications in the banking and finance industry. 

With experienced faculty and hands-on practical projects, students will gain a real-world understanding of the sector and be well-equipped to take on challenging roles.

So, if you’re looking to make a career in the exciting world of fintech, consider enrolling in Imarticus Learning’s KL MBA in Fintech programme today!

Best Supply Chain Practices to Adopt in 2023

Supply Chain Management (SCM) is the centralised management of the flow of goods and services from the manufacturer to the customer. Sales and operation planning is an integral part of SCM which ensures the successful functioning of a supply chain.

The supply chain sector continues to shift and evolve with emerging trends. Set your 2023 plan now and implement the best supply chain practices to keep your edge over others. This article will discuss some of the best supply chain practices for 2023

What is Supply Chain Management?

supply chain management courses

Supply chain management includes all processes needed to transform raw materials into finished products. It simplifies a company’s supply chain operations to maximise customer satisfaction and have a competitive edge in the market.

Several problems plague today’s supply chains. This is why a data-driven supply chain is crucial for easily monitoring the flow of services, information and products. It offers a better understanding of the entire process from start to finish. 

Importance of Supply Chain Management

A robust SCM is essential for businesses to succeed and enhance customer satisfaction. Some major importance of supply chain management is as follows:

  • Lower Costs

The goal of Supply Chain Managers is frequently to cut expenses at every stage of the supply chain. 

Supply Chain Managers can cut costs through enhanced manufacturing procedures, supplier relationships and inventory management. 

  • Enhanced Client Services

Your customer service may be directly enhanced with efficient supply chain management. This is because SCM procedures guarantee that the correct number of goods is delivered on schedule while meeting quality standards. 

Sound connectivity between distributors and suppliers minimises delays and increases client satisfaction. 

  • Agility 

Supply chain management is crucial for businesses to stay flexible and be prepared for any unforeseen problems or unpredictability that may arise. 

Businesses can identify problems and find solutions rapidly by streamlining supply chain procedures and improving visibility. 

Top Supply Chain Management Practices of 2023 

Listed below are some supply chain practices that businesses must adopt in 2023. 

  • Utilising a More Flexible Business Model

A successful supply chain includes a lot of flexibility. A company can react more effectively to shifts in demand, natural catastrophes, political unrest and other unforeseen situations by having a flexible business model. 

Regular review intervals will help you stay adaptable as circumstances change; monthly touchpoints will keep the plan in line with current effects.

Create an easily comprehensible supply chain plan. Include benchmarks, objectives, presumptions, relationships and circumstances.

  • Tackling Supply Chain Threats

Supply chain risk management has become critical as companies have encountered more complex and unpredictable operating environments in recent years. 

Risks to the supply chain can come in many forms, such as natural disasters that obstruct the movement of goods or cyberattacks that may compromise private data. 

Strategic planning, threat assessment tools and a comprehensive company continuity plan work best for managing these risks.

Businesses can successfully handle any obstacle and maintain high levels of efficiency and effectiveness by anticipating potential threats and creating mitigation strategies. 

  • Introduction of Automation Methods

A vital component of a supply chain is automation. It can help you cut costs, enhance customer satisfaction and reduce environmental effects.

Supply chains are constantly changing as a result of new processes and technology. 

Implementing new automation techniques will keep you ahead of the curve as the world becomes more digitally connected. 

  • Putting the Consumer’s Interests First

In addition to maximising operations, supply chain management also focuses on providing top-notch customer support. 

Businesses must continuously seek new strategies to enhance the customer experience. 

This can be achieved by emphasising customer centricity, which refers to companies partnering closely with their clients to comprehend their needs and provide the most pertinent, customised services.

  • Work with Third-party Partners

By applying the skills or resources of another company when required, businesses can increase their flexibility through outsourcing or partnerships with other businesses. 

It allows businesses to concentrate on their core competencies while enlisting outside assistance as and when necessary.

For instance, outsourcing shipping services or working with local vendors when your supply requirements change due to unforeseen weather patterns like rain or snow (or droughts) can impact your services in more ways than one.

Your supply chain requires third-party partners to function correctly. However, a thorough knowledge of the partner’s compliance history and supply network is essential for the timely supply of goods and services. In addition, a contract should cover the following points:

  • Standards for the security of sales and inventory records
  • Terms of payment and procedures for resolving disputes
  • Requirements for product quality, including recalls

Conclusion 

Several factors contribute to the successful running of a supply chain. A supply chain requires proper sales and operation planning, procurement and distribution of raw materials and delivering quality finished products. 

A supply chain analytics course is ideal for anyone looking forward to making a career in supply chain management. 

Check out Imarticus’s Professional Supply Chain Management course, offered in partnership with IIT Roorkee, to get a head start on your career. This IIT supply chain management course, designed by industry experts and taught by notable IIT faculty, is perfect for those seeking careers as Supply Planners, Demand Planners, and Supply and Operations Planners

IPOs and Private Equity: A Step-by-Step Guide for Future Investment Bankers

IPOs and private equity are crucial investment possibilities for businesses trying to raise funds. A business can first sell shares of its stock to the general public through an initial public offering (IPO). It also involves significant risk management to ensure a successful launch.

Private equity also entails obtaining capital from individual investors to buy or invest in businesses.

Both methods give investment bankers a chance to assist clients in negotiating the difficult capital-raising process, and they can result in handsome fees and enduring partnerships.

This article will outline the main distinctions between IPOs and private equity step-by-step.

What is an IPO?

An initial public offering (IPO) occurs when a private firm sells new or pre-existing securities, such as stocks or bonds, to the general public for the first time to raise money and provide early investors or workers with the chance to sell their shares.

Investment Banking analyst

The company collaborates with an investment bank or underwriter to establish the first share price and make the public offering of securities possible. The company’s shares are traded on a stock exchange following the IPO.

IPO Process

A firm that has never been listed before must go through the IPO (Initial Public Offering) process to sell new or existing securities to the general public.

A business must take steps to go public through an IPO process:

Selecting Underwriters

Selecting one or more investment banks to serve as underwriters is the first step in an IPO. These banks will aid the company in getting ready for the offering, overseeing the process of performing due diligence, creating the relevant paperwork, and advertising the offering to possible investors.

Due Diligence

The underwriters’ next step is to conduct a thorough due diligence process to ensure the business is financially stable and employs the right risk management procedures. This involves examining the business’s financial statements, contracts, legal history, and other pertinent papers.

SEC Filing

The corporation submits a registration statement to the Securities and Exchange Commission after completing the due diligence procedure (SEC). The document details the company’s business, finances, and investment risks.

Roadshow

The underwriters assist the business in organising a roadshow to promote the offering to potential investors once the SEC approves the registration statement. It entails making the company’s investment case to high-net-worth individuals and institutional investors.

Pricing and Trading

The underwriters also assist the corporation in allocating the shares to investors and determining the offering price. To maintain transparency and responsibility to investors, the corporation is subject to ongoing reporting and disclosure obligations after trading starts.

Pros and Cons of IPOs

Pros

Access to capital: IPOs allow companies to raise significant money from public markets.

Increased liquidity: Going public can provide greater liquidity for shareholders, making it easier for them to sell their shares.

Enhanced visibility and credibility: Going public can increase a company’s visibility and credibility among potential customers, suppliers, and partners.

Cons

Costly process: The costs associated with an IPO can be substantial, including underwriting fees, legal fees, and other expenses.

Increased regulatory burden: Public companies are subject to greater regulation and scrutiny, which can be time-consuming and expensive.

Loss of control: Going public can result in losing control for founders and early investors, as ownership is spread out among a larger group of shareholders.

What Is Private Equity?

Private equity involves investing in businesses not listed on a stock exchange. Private equity firms raise money from individual and institutional investors to build a fund to buy, invest in, and manage private enterprises.

Private equity seeks to increase the financial and operational performance of the companies in its portfolio to maximise return on investment.

A majority interest in a firm is acquired by private equity investors, who collaborate closely with the management to put strategic reforms into place to boost growth and profitability.

Process of Private Equity

Private equity involves several stages, including

Fundraising

The company must first raise money from investors to establish a fund as the initial step in private equity. To raise money, you must advertise the fund to possible investors, negotiate terms, and set up administrative and legal frameworks.

Deal Sourcing

The private equity business starts looking for suitable investment opportunities after establishing funds. Deal sourcing is finding businesses that meet the company’s investment criteria by engaging with investment bankers, brokers, or other intermediaries.

Due Diligence

Before investing, the private equity firm thoroughly investigates a company to evaluate its operational and financial performance. It includes reviewing contracts, financial statements, legal records, and other pertinent paperwork.

Investment and Management

If the due diligence procedure is successful, the private equity firm invests and actively runs the company.

The process can involve:

  • Working with management to implement strategic changes.
  • Appoint new executives or board members.
  • Providing guidance and support to improve the company’s performance.

Exit

Private equity’s final phase involves selling the investment and giving the fund’s investors a profit. Companies can accomplish this by making an initial public offering (IPO), selling their company to a different investor or strategic buyer, or finding other ways to recoup their investment.

Pros and Cons of Private Equity

Pros

Access to capital: Private equity firms can lend large sums of money to businesses, frequently with less stringent regulations than the public markets.

Strategic guidance: Private equity firms can offer companies guidance and experience in expanding and succeeding strategically.

Operational improvement: Private equity firms can assist in identifying and implementing operational enhancements, including cost-cutting strategies and efficiency benefits.

Cons

Limited liquidity: Due to the illiquidity of private equity investments, shareholders typically can only sell their shares when an exit event occurs.

Higher risk: Due to higher operational and leverage risks, private equity investments are often more expensive than investments in public markets.

Limited transparency: Because private equity firms are exempt from some of the general businesses’ disclosure obligations, there is less openness, and it is more challenging for investors to evaluate risk.

Key differences between IPO and Private Equity

IPOs Private Equity 
Company goes public Company remains private
Issued by the company Issued by private equity firms
Shares traded on public markets Shares are not publicly traded
One-time event Ongoing investment relationship
Raises more capital Raises less capital

Conclusion

IPOs, and private equity need a solid understanding of the money market and risk management for success. Imarticus Learning’s Certified Investment Banking Operations Professional course covers these topics, providing aspiring investment bankers with the skills and knowledge needed to excel in this field. 

With experienced instructors and industry-relevant case studies, this investment banking course is a valuable investment for anyone looking to pursue a career in finance. Gain the necessary expertise to succeed in the world of finance, whether in IPOs, private equity, or other areas of investment banking. 

Take a step towards investing in your future by checking out Imarticus Learning today.

Why You Should Consider A Machine Learning Certification

Introduction

Want to learn a machine learning course? We are here to help you.

Machine Learning (ML) is the most in-demand and highly-valued career option nowadays. There is a surge in demand for proficient ML engineers in the job market. With the rapid growth of technology, the numbers will only increase in the coming years.

IT professionals can pursue a Machine Learning course to increase their skills, knowledge and expertise. This article highlights the advantages of a Machine Learning certification.

ML Certification: What Is It?

Machine Learning certification is a detailed professional program. It imparts the skills and knowledge to become competent ML practitioners.

The topics broadly cover-

  • algorithms and hypotheses
  • data processing and evaluation
  • pattern identification
  • process automation
  • model evaluation
  • advanced coding and programming

The core objective of a Machine Learning course is to develop the following skills for aspiring ML engineers –

  • analytical
  • problem-solving and
  • critical-thinking

The course trains you to use Machine Learning techniques to find innovative solutions to real world problems.

Advantages of Pursuing a Machine Learning Course

Extensive Career advancement Opportunities

Machine Learning is a fast-growing field. Every customer centric organisation is introducing ML technology into their current systems. The aim is to improve its products and services. ML is a means to take business processes to the next level. This new adoption is increasing the demand for skilled machine learners.

Machine Learning courses open career opportunities for you. It helps you land your dream job at the top tech companies. They get the flexibility to work in different progressive roles throughout their career.

Lucrative earning prospectives

The demand for skilled ML professionals is rising. They can thus command higher salaries.

As per a data report from AmbitionBox, the average annual salary for a Machine Learning Engineer in India is ₹6.9 Lakhs.

The certification makes them qualified for high paying jobs. Hence, it increases their earning potential.

A boost to credibility

Machine Learning certification is the authenticated proof of a student’s knowledge and proficiency. They get a competitive edge in the job market.

Qualified ML engineers are more desirable candidates for prospective employers. The certification aids them in winning contracts. The process of acquiring new clients becomes easy. They also gain the trust of their peers.

Networking opportunities with other professionals

A Machine Learning certification gives a platform to network with other ML professionals. It also offers access to online forums, communities and discussion groups. It further helps to connect with machine learners worldwide.

The networking opportunity helps to get insights into new industry developments. Aspirants can find new job opportunities across industries. They can also explore prospects of work collaborations in future.

In a Nutshell

ML is the next big thing! It is creating numerous career opportunities in different industries. A Machine Learning certification is a valuable investment. It enhances the skills of the learners. The course helps to stimulate their career growth. The demand for ML professionals is growing fast. Hence, this is the best time to get certified in this fast-growing field.

Imarticus Learning – Your Gateway to Get Machine Learning Certified

Imarticus Learning is a door to success for IT professionals. We integrate knowledge with advanced technology. Our purpose is to provide productive learning experiences to students. We help them build successful careers in Machine Learning.

The curriculum of our programs in Machine Learning helps learners master core skills. Our certification has worldwide recognition. It prepares learners for specialised roles, such as Data Scientist, ML Engineer and Business Analyst.

Ready to learn more? Check out our machine learning course today!

How does Corporate Finance Assist Organisations?

In today’s competitive business landscape, effective corporate finance management is critical to the success of any organisation. From managing cash flow to making investment decisions, corporate finance plays a crucial role in ensuring the financial health of a business.

This is where certified management accountants (CMAs) come in. Through CMA USA training and the CMA exam, professionals can obtain the skills and knowledge required to excel in corporate finance.

This blog will explore how corporate finance assists organisations and how a CMA USA course and training can help professionals excel in this field.

What is Corporate Finance?

Corporate finance is a branch of finance that focuses on how businesses manage their funding, capital structure, accounting, and investment decisions.

Through long- and short-term financial planning, as well as the implementation of diverse strategies, corporate finance frequently focuses on maximising shareholder value. From capital investments to tax concerns, corporate finance activities are various.

The financial health and profitability of businesses depend on effective corporate finance management, which is also essential to the general administration and expansion of the organisation.

Understanding Corporate Finance

Corporate finance departments oversee the financial operations and capital investment choices of their respective companies. These choices include whether to finance a suggested investment through equity, debt, or both.

They also cover whether dividends should be paid to shareholders and, if so, at what return. The financial division also oversees inventory control, current liabilities, and assets.

Corporate Finance Activities

Corporate finance activities involve managing the financial resources of corporations and other business entities to achieve their objectives and maximise shareholder value.

Here are some of the key activities involved in corporate finance:

Cash Flow Management: This involves managing the inflow and outflow of cash within the organisation to ensure enough money to pay bills and invest in growth opportunities.

Investment Decisions: This involves analysing potential investment opportunities to determine which investments will most likely create long-term value for the organisation.

Capital Structure: This involves determining the optimal debt and equity financing mix to fund the organisation’s operations and growth initiatives.

Risk Management: It involves identifying and mitigating risks that could negatively impact the organisation’s financial performance or reputation.

Financial Reporting: This involves preparing financial statements and reports that give stakeholders a clear picture of the organisation’s economic performance.

Raising Capital: This involves financing the organisation’s operations and growth initiatives, including issuing bonds, selling equity, or applying for loans.

Dividend Policy: This involves determining how profits will be distributed to shareholders in the form of dividends.

Corporate Governance: This involves developing and implementing policies and procedures to ensure the business is run ethically and transparently.

Effective management of these corporate finance activities is critical to an organisation’s financial health and success.

Working in Corporate Finance

Working in corporate finance can be both demanding and rewarding. Professionals manage corporations’ and other business entities’ financial resources to meet the organisation’s goals and maximise shareholder value.

Here are some of the critical roles and responsibilities of professionals working in corporate finance:

Financial Analysis: Corporate finance professionals must be skilled in financial analysis, which involves analysing financial statements and other data to identify trends and make informed decisions.

Investment Management: Corporate finance professionals must be able to identify and evaluate potential investment opportunities and manage investment portfolios to maximise returns and minimise risk.

Treasury Management: Corporate finance professionals must be able to manage cash flows and make decisions regarding debt and equity financing.

Risk Management: Identifying and mitigating potential risks that could adversely affect the organisation’s financial performance or reputation is a necessary skill for corporate finance professionals.

Financial Reporting: Corporate finance professionals must be able to produce precise and prompt financial reports and statements and convey financial information effectively to stakeholders.

Strategic Planning: Corporate finance professionals frequently play a significant role in strategic planning. They assist in identifying potential areas of growth and develop financial strategies to achieve the organisation’s objectives.

Mergers and Acquisitions: Corporate finance experts are integral to the strategic planning process, aiding in identifying growth prospects and developing financial strategies to attain organisational goals.

A degree in finance, accounting, or a related field is often necessary to work in corporate finance. Professional certifications such as the Certified Management Accountant (CMA) can also demonstrate expertise and commitment.

How does Corporate Finance Assist Organisations?

Corporate finance plays a crucial role in the success of organisations. Effective management of financial resources can help businesses achieve their objectives, maximise shareholder value, and ensure long-term financial health.

Here are some of how corporate finance assists organisations:

Cash Flow Management

Effective cash flow management is critical for the financial health of an organisation. Corporate finance professionals are responsible for ensuring that there is enough cash on hand to pay bills and invest in growth opportunities.

Investment Decisions

Corporate finance professionals are vital in identifying and evaluating potential investment opportunities. By making informed investment decisions, organisations can achieve long-term growth and profitability.

Capital Structure

Corporate finance professionals must determine the optimal debt and equity financing mix for funding the organisation’s operations and growth initiatives. This involves managing the organisation’s risk profile and ensuring it has access to the necessary capital to achieve its objectives.

Risk Management

Corporate finance professionals identify and mitigate risks that could negatively impact the organisation’s financial performance or reputation. This includes managing credit risk, market risk, and operational risk.

Financial Reporting

Corporate finance professionals are responsible for preparing accurate and timely financial reports and statements. These reports provide stakeholders with a clear picture of the organisation’s financial performance and help to ensure transparency and accountability.

Raising Capital

Corporate finance professionals are responsible for obtaining financing to fund the organisation’s operations and growth initiatives. This includes issuing bonds, selling equity, or applying for loans.

Conclusion

Corporate finance plays a critical role in the success of organisations. Effective management of financial resources is vital to achieving long-term growth and profitability.

Corporate finance professionals are responsible for ensuring that organisations have access to the necessary capital and resources to achieve their objectives.

If you are interested in pursuing a career in corporate finance or advancing your skills and knowledge in this field, Imarticus Learning’s CMA Certified Management Accountant course is a great option.

Imarticus Learning’s CMA USA training program prepares students for the CMA exam and provides them with the skills and knowledge needed to excel in their careers as certified management accountants.

Visit Imarticus Learning for more information.

Partnerships and Collaboration in Supply Chains

Partnerships and teamwork are essential for success in supply chain sourcing. Collaboration is the practice of working together to accomplish a shared aim, while a partnership is a long-term agreement between two or more people to achieve mutual objectives. Supply chains tend to be more effective, save money, and perform better when businesses partner and collaborate together. 

In order to remain competitive and fulfil the needs of customers, firms must engage in partnerships and collaborations as the global market expands and diversifies. Read on to know more about the benefits and types of partnerships and collaborations in the domain of supply chain management.   

Types of partnerships and collaboration in supply chains

Strategic Alliances

Strategic alliances in the supply chain may be created to accomplish mutual objectives like cutting costs, expanding market share, or enhancing product quality. Putting such a strategic partnership between a supplier and a retailer, for instance, may help both businesses innovate and enhance their supply chains. 

A consumer goods producer may partner with a logistics company to speed up and lessen the price of their items’ delivery to retailers and consumers alike. 

Joint Ventures

Joint ventures occur when two or more businesses agree to pool their assets, personnel, and capital in order to take on a larger enterprise. Joint ventures may be created between different parties in a supply chain in order to pool resources and expertise in order to boost operational efficiency and save costs.

For example, two different but complementary manufacturers team together to create a new product line by pooling their resources and knowledge.

Collaborative Planning, Forecasting, and Replenishment (CPFR)

Collaborating planning and forecasting (CPFR) is a method used in supply chain management that facilitates communication and cooperation between several businesses. It’s the practice of business partners exchanging information to coordinate logistics, manufacturing schedules, and stock levels.

A retailer and its suppliers, for example, can collaborate on a CPFR initiative to improve the accuracy of demand forecasting and reduce the risk of stockouts or overstocking.

Vendor-Managed Inventory (VMI)

With vendor-managed inventory (VMI), the supplier is in charge of the retailer’s stock levels. It is the supplier’s duty to keep tabs on the customer’s stock and restock it as required under VMI arrangements. By decreasing the need to stock products in inventory and increasing product availability, this method may boost supply chain efficiency.

A raw materials provider might be responsible for maintaining the client’s supply by tracking consumption rates and reordering supplies automatically in response to low levels.

Co-Managed Inventory (CMI)

Inventory management in a CMI supply chain is shared by the supplier and the customer. In CMI relationships, suppliers and customers work together to control stock, exchange relevant information, and improve the supply chain’s efficiency. This method has the potential to increase supply chain efficiency and cut costs for both parties.

A CMI partnership may be formed between a manufacturer and its component suppliers in order to manage raw material and component inventory levels, coordinate production schedules and enhance delivery times while decreasing inventory carrying costs.

Benefits of partnerships and collaboration in supply chains

Better communication and exchange of information

One of the benefits of building partnerships and cooperating is improved communication and sharing of information across the stakeholders in the supply chain. Coordinating efforts and exchanging important details like product details, shipping times, and stock levels are all facilitated by clear lines of communication.

Better decision-making and process streamlining may increase customer satisfaction when everyone in the supply chain has accurate information.

Increased efficiency and productivity

Collaboration and partnership have the potential to boost supply chain efficiency and output. When people from diverse backgrounds collaborate, they are better able to see inefficiencies and provide solutions that will make the process go more smoothly and efficiently.

As people work together to create new goods and services, creativity often follows. The supply chain may be made more effective and productive if stakeholders work together to share their resources.

Cost savings

Partnerships and collaboration may lead to cost reductions for all supply chain participants. By collaborating, parties may negotiate better prices, combine resources, and divide expenses. Cooperation may also result in the more effective use of resources, leading to a reduction in waste and eventually cost savings.

Reduced risk

Sharing resources and working together may lessen the potential for harm throughout the supply chain. Potential threats, such as interruptions in the supply chain or problems with quality, may be identified and reduced by cooperative efforts.

Supply chains can be more robust and reliable when companies work together to develop effective risk management techniques. It is imperative to improve supply chain performance, customer happiness, and financial outcomes by decreasing risk.

Conclusion

By collaborating and partnering, organisations may also achieve mutual objectives such as increasing market share, and upgrading product quality. As the worldwide economy develops and diversifies, organisations must definitely participate in partnerships and collaborations to stay competitive and meet the requirements of their consumers.

Ultimately, successful partnerships and collaborations need stakeholders in the supply chain to develop strong connections and trust. Businesses may develop a more resilient and trustworthy supply chain that is better positioned to fulfil the needs of a continuously shifting market via continuing cooperation, communication, and collaboration.

Looking to take your supply chain management career to the next level? Imarticus has teamed up with IIM Raipur to offer an Executive Certificate Programme for Global Chief Supply Chain and Operations Officer. Focusing on state-of-the-art tactics and methods, this programme will prepare you to take the helm in the supply chain management sector.

With the IIM Raipur supply chain management course, you’ll gain the knowledge and skills you need to excel in today’s rapidly evolving business environment. During the supply chain analytics certification course, seasoned instructors will walk you through the newest innovations and best practices in supply chain management while also giving you extensive practice with analytics.

Don’t miss out on this incredible opportunity to take your supply chain management career to the next level. Enrol now in our Executive Certificate Programme for Global Chief Supply Chain and Operations Officer, and become a leader in your field.

Risk Management and Mitigation Strategies in Supply Chains

Diversification: By sourcing from various vendors, regions, or modes of transportation, the supply chain can be made more resilient, and the effects of disruptions can be lessened.

Inventory Management: Risks associated with supply and demand can be reduced by maintaining proper inventory levels and optimising inventories across the supply chain.

Communication and Collaboration: Developing effective risk management techniques can assist companies in detecting potential risks and collaborating with suppliers, customers, and other stakeholders.

Technology and Data Analytics: Using data analytics and technology can enable proactive risk management and mitigation by allowing real-time monitoring and management of supply chain risks.

Contingency Planning: Creating contingency plans that specify what must be done during an interruption can lessen its effects and guarantee business continuity.

Building Resilient Supply Chains through Supplier Collaboration

global chief supply chain management course

Building robust and effective supply chains requires cooperation with suppliers. By collaborating closely with suppliers, supply chain managers may identify possible hazards and create efficient risk management plans.

The following are some suggestions for working with suppliers:

Supplier Relationship Management: Building strong connections with suppliers founded on mutual respect, openness, and benefit can promote coopeSupply chains are a critical component of corporate operations for businesses to successfully source, produce, and deliver goods and services to clients. Supply networks are subject to several dangers that can impair reputation, disrupt business operations, and adversely affect profitability.

Supply chain managers must create solid supplier relationships, construct rigorous risk management plans, and use data analytics to make wise decisions to reduce these risks.

Acquiring the knowledge and skills to manage supply chain risks effectively can be achieved through a supply chain analytics certification course that covers key concepts such as supply chain sourcing, risk management, and data analytics.

Types and sources of risks in supply chains

Risks in the supply chain might originate from different places and impact different stages. Typical supply chain risks include the following:

  • Production, inventory control, and other internal processes and activities are the source of operational hazards.
  • Economic ambiguity gives rise to financial risks such as interest rate changes, payment defaults, and currency volatility.
  • Demand risks result from shifts in consumer demand for products or services, which can cause inventory to be either over- or understocked.
  • Natural disasters like earthquakes, floods, and hurricanes pose risks because they can impair supply chain operations.
  • Political and economic concerns, including trade restrictions, taxes, and sanctions, lead to geopolitical hazards.
  • Cyber dangers include data breaches, virus attacks, and phishing scams that cause cybersecurity concerns.

Developing a Risk Management Plan: Assessment and Prioritisation

It is critical to analyse and prioritise supply chain risks based on their likelihood and potential impact after recognising the different types and sources of risk.

Supply chain managers can concentrate on the most critical issues and create efficient risk management methods using prioritisation.

Assessment

The assessment process includes obtaining data on the recognised risks and assessing how they might affect the supply chain. This can be done using risk assessment methods such as risk matrices, scenario analysis, and probability analysis.

Prioritisation

Ranking the identified risks according to their likelihood and potential effects on the supply chain is known as prioritisation. It aids in developing efficient risk management and mitigation methods and helps supply chain managers concentrate on the most critical threats.

Supply Chain Managers can use various methods for prioritisation, including:

  • Risk scoring: The possibility and potential impact of each risk are given numerical scores according to this procedure, and the chances are then prioritised according to these numbers.
  • Risk mapping: Supply chain managers can identify and prioritise risks using this method, which graphically depicts supply chain risks on a map depending on their location and possible impact.
  • Cost-benefit analysis: This approach involves ranking each risk according to its potential impact on profitability while weighing the costs and benefits of risk mitigation.
  • Expert judgment: With this approach, subject matter experts are consulted to prioritise risks based on their expertise and experience.

Managing Supply Chain Risks: Effective Strategies and Recommended Practices

Developing and practising best practices and strategies to reduce the recognised and prioritised key risks is crucial.

Following are some typical tactics and recommended procedures for reducing supply chain risks:

ration and create more durable supply chains.

Supplier Risk Assessment: To detect potential risks and create efficient risk management methods, supplier risks can be evaluated based on elements including financial stability, quality control, and geography.

Supplier Performance Monitoring: Supply chain efficiency can be increased by keeping track of supplier performance based on key performance indicators (KPIs) such as delivery times, quality, and responsiveness.

Supplier Capacity Building: Supply chain resilience can be increased by enhancing supplier capacity through training, knowledge transfer, and other forms of assistance.

Supplier Collaboration: Building trust and enhancing supply chain resilience can be achieved by working with suppliers on risk management and mitigation plans, contingency planning, and other supply chain activities.

Monitoring and Evaluating Supply Chain Risks: Continuous Improvement and Adaptation

To ensure that supply chain policies and processes continue to be effective, it is crucial to continuously monitor and evaluate the risks that may arise in the supply chain.

Here are some recommendations for assessing and managing supply chain risks:

Develop a risk management plan: A thorough risk management strategy requires identifying, evaluating, and mitigating supply chain hazards. Supply Chain Managers should describe the methods and steps for assessing and monitoring risks.

Establish key performance indicators (KPIs): Monitoring key performance indicators (KPIs) frequently makes it easier to evaluate the success of risk management plans and spot potential areas for development.

Regular risk assessments: Frequent risk assessments help detect new risks and assess how well current risk management techniques work.

Leverage technology and data analytics: Supply chain managers may respond swiftly to disturbances and make wise decisions by monitoring and assessing supply chain risks in real-time.

Foster collaboration and communication: Partnering with suppliers, clients, and other stakeholders can support proactive risk identification and mitigation.

Continuously improve and adapt: To prevent new threats from arising, it is essential to review and enhance risk management procedures. Supply chain risks always change.

Conclusion

Effective risk management is crucial for supply chain professionals to navigate the complex and uncertain global supply chain landscape. Regular assessments, prioritisation, and mitigation strategies are necessary to minimise disruptions and ensure continuity.

Imarticus Learning’s IIM Raipur Supply Chain Management course offers a comprehensive certification that covers critical concepts such as supply chain sourcing, risk management, and data analytics.

Imarticus Learning’s Supply Chain Analytics Certification course is a valuable investment for professionals who want to stay competitive and add value to their organisations. Visit Imarticus Learning to learn more.

The key purpose of front-end development: Why is it important?

Introduction

There are two sections of any web application: front-end and back-end. When you open a website in a browser, what you see is the front-end part. It includes layout, graphics, images, buttons, links and more. The backend holds the overall structure of a website and is invisible to the users. Technical skills for front-end and back-end web development are different.

Here, you can see the fundamentals of the front-end development course and its purpose.

Front-end development: how it works

Full Stack Developer

Front-end development is the design process of software interfaces where the audience engages with a website. Its role in web development is to satisfy users and fulfil the business goals of the website.

Below are 3 major aspects of front-end development:

Front-end Designing: This is related to the aesthetic aspects of a web application. Front-end design must also suit devices of all shapes and sizes like tablets, smartphones, desktops, etc.

Coding: 3 programming languages are used for front-end development:

HTML (HyperText Markup Language)

CSS (Cascading Style Sheets)

JavaScript.

Front-end Development: This ensures the proper functioning of a website. For example, the website must be compatible with all leading browsers available today.

These 3 are the major components of any Front-end Development Course curriculum.

Front-end development: why is it important for a website/business

Today, organisations are willing to invest time and resources in front-end development because a well-designed website impacts business performance. Here are 8 key reasons that make front-end development important:

Front-end of a website serves as a platform to publish business messages about an organisation. Thus, it becomes an effective online tool to build brand awareness.

The front-end design of a website attracts many visitors and compels them to stay there. As more and more visitors spend time on a website, it will ultimately boost its business.

Proper positioning of visual elements makes a website user-friendly and self-explanatory. Then it becomes simple and easy to understand for people from a non-technical background. They can navigate through its pages without any outside help or guidance.

To maximise user engagement, front-end developers make sure that websites have fast-loading pages. Slow-loading pages frustrate users and they often move to other websites.

A visitor remembers visually appealing front-end design for a long time and will revisit the web page again and again. This results in repeat customers.

A well-developed website can increase the customer base. Existing users who had a great experience on a useful website will invariably talk about it, spread awareness and recommend the brand to others.

Any website that functions correctly, provides the right information and is highly secure can win the trust and confidence of its customers in a short period.

The brand value of an organisation depends on the front-end utility of its website to a great extent. If it can translate clients’ needs and expectations, it becomes much easier to achieve business goals.

Front-end development as a career

Are you confused about how to be a front-end developer?

For that, you must learn Data Structures and Algorithms (DSA). Imarticus Learning offers a Full Stack Developer Online Course which stands out in the IT industry. This is a more comprehensive programme than any Front-end Development Course. Here, you gather the required technical knowledge for both front-end and back-end programming.

Key features of the full Stack developer online course

Name of the Course: Full Stack Developer Pro.

A 6-month program with a job interview guarantee.

Learn data structures and algorithms for a strong base in the subject.

Other popular technologies like Java, JavaScript, MongoDB, Spring and more.

Besides learning data structures and algorithms, you understand competitive programming.

Who is eligible for a full stack developer online course

Final year students from STEM background (CS, IT, Electronics) with >50% marks

Fresh graduates/Postgraduates in STEM (CS, IT, Electronics) with >50% marks

If you are an IT Professional with 0 to 3 years experience, in non-development IT roles – QA, testers, IT support, etc.

Summing up

Front-end refers to the frontal part of a website. The process of front-end development involves the creation of technical elements that influence the look and feel of a website. It aims to satisfy website visitors.

Moreover, it plays a crucial role to establish brand value for a business both online as well as offline. Needless to say, good Front-end developers are in great demand today. Many industry experts insist that candidates should learn Data Structures and Algorithms for a solid career as developers.

If you aspire to upskill or learn Data Structures and Algorithms, always go for the best. Imarticus Learning offers you a leading-edge curriculum with this Full Stack Developer Online Course.

Tableau for Advanced Data Analytics and Data Visualization: Examples

Tableau is an extremely popular data visualization tool. This tool has been rapidly adopted by the Business Intelligence sector and is being used for a variety of applications. The main task of Tableau is to simplify raw data in a straightforward and comprehensive manner. 

Companies are adopting Tabaleu because it can create simple data that is cognisable for professionals at every level. It is also useful for non-technical users as it allows them to make their dashboards and worksheets. These dashboards can be customised at any time. 

Normally the Tableau tool does not require any complicated codes to operate. When this tool collaborates with data analytics, they transmute various text information into visual forms at a very high pace. This process of visual rendering is often termed data visualization with Tableau.  

Data Science Course

With the assistance of an excellent machine learning certification course, one can learn more about Tableau. It will also allow an individual to create a strong career in data science. 

Let’s drive in this article to learn about Tableau, data analytics, and data visualization with help of examples.

 What is Advanced Data Analytics?

Advanced data analytics is a group of advanced procedures that allows any venture to foresee future patterns and trends. This technique can easily predict future patterns and trends by deeply analysing the pieces of information and data of their potential customers. 

Various techniques like machine learning, data mining, visualization, and pattern matching all fall under the umbrella of advanced data analytics. It also uses various analysis methods to function properly. These analysis methods include cluster, semantic as well as sentiment analysis. 

Advanced data analytics provides small and big businesses with data insights and well-organised annual plans. It also makes better business decisions than human beings. Frauds are quite common in any venture therefore advanced data analytics is designed to reduce business risks as well. It also keeps a check on any future threads. 

Advanced Analytics Projects and Tableau 

Data Scientists are utilising Tableau’s tools for completing advanced analytics projects in a short period. Tableau’s predictive tool is used to complete these advanced projects. 

There are various ways by which Tableau is used for finishing off an advanced analytics project. These ways of using Tableau are mentioned below:

Predicting or forecasting is one of the essential capacities that Tableau possesses. This is because it was designed with several predictive technologies. Professionals use this particular technology to figure out inactive threats or variables. 

Besides, Tableau allows foreseeing a statistical graph by simply adding any data or trend line to it. It also allows one to select these predictions and drag them to a new graph with the help of a right click. 

  • Segmentation 

The full form of segmentation is drag-and-drop segmentation. With help of this tool, Tableau can easily boost the cohort analysis and intuitive flow. 

This tool will help to build a dashboard on any subject. It will contain all details regarding that subject. 

  • Intricate Calculation 

One can make wrong calculations and manipulate complicated data while working with Tableau. This is because it has a strong calculation programme that improves any wrong analysis. 

Level of Detail (LOD) Expressions and Table Calculations are two characteristics of Tableau that help to enhance any wrong analysis or calculation. With this technique, it is easier to calculate logical problems, arithmetic sums as well as specific operations. Hence, Tableau makes any advanced analytics project a lot easier. 

  • What-If Analysis 

Test scenes can be altered by simply linking Tableau’s front end with its strong input capacity. It also allows a user to alter any calculation pretty quickly. 

What-If Analysis also allows a user to change filters and select data from the dashboard. It also permits one to generate an interactive report. 

  • R Integration

R integration allows Tableau to access any function that is present in the R data. Tableau can also send data to R by linking to the Rserve process. It also allows changing of any model that is made in R with the assistance of Tableau. 

These are the procedures by which Tableau can help any venture to complete advanced analytics projects rapidly.

A real-life example of the usage of Tableau 

Walmart is one of the largest American retail ventures that use Tableau. They use it to collect various analytics from their customers. Many companies purchase Tableau to collect information like customer information, sources, implementation of the law, IT-related information, and more about industries. 

Many other companies have purchased Tableau for Analytics purposes. They are as follows:

  • Amazon is an American retail organization that gives employment to many across the globe. It is one of the most famous customers of Tableau. 
  • CVS Health Corporation is an American Healthcare company that also used Tableau. 
  • European companies are also the popular purchaser of Tableau. The English gas company BP has purchased Tableau for further enhancement in their business. 
  • Apple Ireland, an Irish manufacturing company has also purchased Tableau. 

All these companies earn billions and have given employment to many. To improve the infrastructure, these companies have bought Tableau. There are many other companies around the globe that have also purchased Tableau for running their venture smoothly. 

Conclusion 

Data Visualisation with Tableau is fairly a new concept. Professionals are still grasping it. Thus, before initiating a career in data science one must learn data mining, one of the main components of Tableau. 

Imarticus Learning has brought an IIT data science course for those who are willing to commence a career as a data science professional. This online course will cover every aspect of data visualisation with Tableau and will also incorporate vivid knowledge about Neural Networks

This online data science training course is a collaboration between Imarticus Learning and IIT. Therefore, the top-notch faculty of IIT will teach the learners with extreme dedication. To grab this opportunity, get yourself enrolled in this course without any further delay.