Emerging technologies in Fintech: Decoding the “tech” in Fintech

Fintech is the gateway to automated financial services. It assists businesses and customers alike. Technological assistance for financial operations includes machine learning, internet of things (IoT), blockchain, digital currency, cloud computing, and more.

Fintech course

Before delving deeper into the intricacies of technological advancement, it is crucial to know what fintech is all about. Automated banking, cryptocurrency, investment, trading, and loans fall under the realm of fintech. Anything that involves moving funds with technological aid can be considered under fintech. 

This industry is not new but has evolved rapidly over recent years. Flexibility is critical to more contemporary fintech propositions, as more platforms are trying to mould themselves to the customer’s needs. 

The revenue generated by fintechs is expected to reach 188 billion euros by 2024. Keeping in touch with the latest technology and what it has to offer can ensure a healthy financial return in the near future. 

Take a look at the top five emerging technologies in fintech. 

Blockchain

While blockchain might come across as a dated technology, it is constantly evolving.

Blockchain simplifies financial transactions, secures them, and makes banking more accessible. 

It can be applied for more consumer-friendly applications related to banking. Blockchain as a Service or BaaS is used to develop third-party services to operate services related to it. BaaS handles the complexities of technology while the client focuses entirely on the operation. Companies are slowly catching up on the advantages of progressive blockchain technologies. 

Blockchain offers transparency, making it possible to track each transaction to its source. Additionally, any change in the record is virtually impossible without changing subsequent blocks. Thus, the chances of committing fraudulent activities are almost negligible. It is heavily utilised for cryptocurrency transactions. 

Cloud Computing

Security is foremost in any financial situation. Cloud computing excels at securing your financial data with increasing risks associated with more significant transactions. Unlike local servers, it provides de-centralised data storage, significantly reducing the risk of data theft. 

Cloud computing offers geographically flexible cloud storage to reduce the risk of data loss and aid data migration in case of disruptions. Developers have worked on  technology to create self-service applications that are easily accessible and resourceful. 

It is cost-effective and provides data on demand. This greatly empowers clients who prefer micromanaging their organisation’s resources instead of a dedicated department. Clients may also take advantage of the global network that cloud computing offers. 

Cryptocurrency

Cryptocurrency is a familiar name in the realm of fintech. However, its increasing popularity is eventually steering it toward the mainstream market. Areas with unstable finances opt for cryptocurrencies. 

The use of cryptocurrency involves going through a secure process involving blockchain, reducing common hazards like fraud and data theft. Its decentralised data collection system is a great way to monitor and track transactional records. 

According to Fortune Business Insights, cryptocurrency is estimated to have a growth rate of 11.1% in the 2021-28 window. It is evident that cryptocurrency is set to dominate the market in the coming years. 

AI Trading and Investment

Artificial intelligence (AI) is gradually taking over fintech. It is a boon for stock market newbies as it provides a secure and convenient trading experience. Artificial intelligence has become an indispensable tool for predicting the market and pointing toward the right investment opportunities. 

Increasing instances of mobile trading applications have paved the way for accessible trading opportunities. Artificial intelligence almost instantaneously analyses several thousands of data to provide recommendations before investing in a stock. It easily outshines human capacity for stock market analysis with the sheer amount of data processed. 

Internet of Things

The Internet of Things, popularly known as IoT, is a network of devices that share data with each other. This includes devices that can collect data with minimum human intervention. IoT includes cloud computation, machine learning and artificial intelligence. 

IoT helps to collect and monitor the huge influx of data involved in banking and finance. It uses its vast network and sensors installed in its devices for convenient contactless transactions. IoT also secures data and detects malware or phishing attempts. In a nutshell, IoT delivers convenience with security, a desirable combination. 

Fintech is moving towards a more secure, convenient and contactless mode of fund transfer. The technology employed strives to make financial management more accessible to the public with an attempt at transparency. 

Conclusion

Imarticus has collaborated with the finest academic partner to offer the best fintech certification course.

SP Jain Fintech certification empowers you with hands-on training and case studies. Decode the technological side of fintech with an extensive curriculum and specialisation in automated technology. This course covers all the critical aspects of fintech and gives students access to Imarticus’s premium fintech community. Students can also experience the perks of an SP Jain alumni status with a taste of global learning. 

SOC Expert: Everything You Need to Know About The Cybersecurity Analyst Role

With the increasing number of threats online, organisations are now building robust SOC teams to safeguard their data from the outer world. This is because most of the company data is stored online for easy access. Hence, the demand for SOC experts is on the rise. 

In this article, let’s dive into understanding the job responsibilities and skills required to become a SOC expert and how they have come as a boon to the cybersecurity community. 

Who is a SOC analyst? 

The full form of SOC is Security Operations Centre. A SOC team is a centralised team within a business that monitors threats, incidents, and suspicious illicit activities 24 hours a day. The SOC analyst team takes immediate action to mitigate these threats from their roots. They also provide remediation efforts to avoid such mishaps in the future. 

A SOC analyst uses the SIEM tool to monitor cybersecurity threats. This tool captures logs from a variety of servers to monitor real-time threats. The tool is also responsible for identifying unusual behaviours throughout the networks based on these logs. Once a suspicious activity is logged, the tool takes necessary actions to report this issue for further investigation. 

Job roles of a SOC analyst

In simple words, the job role of a SOC analyst entails monitoring and auditing a company’s cyber threats. But other than that, there are much more responsibilities of a SOC analyst to look out for. They are: 

  • Surveillance of systems of the organisation: Primarily, the main job role of a SOC analyst is monitoring the network infrastructure of the organisation. This includes monitoring applications, networks, logs, and cloud data for any irregularity that might hint at a breach.
  • Mitigate security threats in real-time: When the SOC analyst identifies a security threat, the threat is passed to the team to determine its causes to take up preventive measures.
  • Respond and investigate the incidents: The SOC analyst of an organisation not only protects their network from threats but is equally responsible for investigating the threat and reporting it to authorities if necessary. Once the investigation is complete, the SOC analyst gathers data about the cyber threat and plans effective prevention.
  • Collaboration with team members for implementing preventive measures: SOC analysts have to possess the soft skills of being able to collaborate with team members to ensure server safety. This procedure would include implementing new systems or updating the old ones if deemed necessary.
  • Know the latest security threats: SOC analysts should always have a dynamic approach to combat threats by educating themselves on preventive measures. They should have the capability to act in an agile manner before any potential issue becomes a threat to the company.
  • Actively participating in security audits: The SOC analyst has to be a team player. Hence it is pivotal that they take part in security audits. This not only helps in upgrading and maintaining the organisation’s security but also helps to identify the vulnerability of the servers before the hackers exploit them. 

Skills required to become a SOC analyst 

Being a SOC analyst is exciting, but is a challenging process. Here are some requirements that would help the candidate take a leap and become an effective analyst. 

Education and certification 

cybersecurity course

The candidate can have a bachelor’s degree in computer science or other STEM-related subjects to become a SOC analyst.

The candidate can also take up a cybersecurity course as well to become a SOC analyst

Along with this, getting these few certifications can also help the candidate to get a job in leading organisations easily.

Certificates like CompTIA Security+, CompTIA CySA+, and Certified SOC Analyst certificate would help the candidate to be ahead in the race. 

Essential skills 

A SOC analyst has to be well versed in certain technical and soft skills that would facilitate them to switch companies in the future based on their skill set. Let’s take a look at those skills. 

  • Technical Skills: The candidate should have ample knowledge about intrusion detection, ethical hacking, incident response and risk management to work in an organisation. This would help them to protect the organisation from the vulnerabilities of a cyber-criminal.
  • Soft Skills: The SOC analyst has to possess the necessary problem-solving skills, and organisation skills with agile thinking to facilitate the growth of themselves and the organisation. These skill sets would not only facilitate them presently but would also come in handy when they take up leadership roles in the future. 

Conclusion 

The job of a SOC analyst is proven to be cumbersome and challenging. However, the career progression of a SOC analyst is substantially efficient and a candidate can perform leadership roles in no time. 

If you have finished a cybersecurity certification, or want to upgrade your cybersecurity skills, check out Imarticus Learning’s Postgraduate Program in Cybersecurity. This course will provide you with 100% job placement and teaches you in detail about information security and cloud security. The curriculum is based on real-life experiences that would prepare you for the corporate world. 

For more details, check out the website right away! 

5 Cyber Security Career Paths in 2023

In the past few years, cyber security as a career path has increased in value in leaps and bounds. As the world’s dependence on the internet increases, it is now more crucial than ever for conglomerates to ensure their online safety. This has resulted in huge demand for cyber security professionals across all industries leading to great job opportunities in the field. In 2023, you can have a bright career in cyber security

But what is the perfect career path for you?

cybersecurity courses

There are many options for a career in ethical hacking and cybersecurity. It can be confusing for students to decide on a career. Depending on your interests and skills, you can choose from any of the following career paths that are going to be impactful in 2023 and beyond. 

5 best cyber security careers to look out for in 2023 

Cyber security has been a well-paid and sought-after job for a few years. There has been no greater time to become a cyber security professional than now. 

Security Architect 

The main job of a Security Architect is to keep an organisation safe from any digital threats. They have to create and update strategies and manage security projects for the company. They are also responsible for analysing all threats and ensuring the security system is up-to-date. 

To become a Security Architect, besides cloud security and software skills, you will also need experience. As it’s a high-ranking job, you can start with an entry-level cyber security job like IT Auditor or Cyber Security Analyst. You can also improve your chances by getting a cyber security certification. A professional certification can land you a high-paying job in leading companies. The average base salary of a Security Architect in India is about ₹21,99,761 per annum

Malware Analyst 

The position of a Malware Analyst is gaining more popularity in the cyber security domain. Malware Analysts are mostly responsible for examining an incident after a digital threat has already occurred. They analyse and examine the nature of these various threats and develop tools that will protect the company data from similar threats in the future. 

Apart from a bachelor’s degree in Computer Science or Cyber Security, you will also need some background as a developer or programmer to become a Malware Analyst. Getting a professional certification and garnering experience will also boost your chances of landing a high-paying job. The average base pay for a Malware Analyst in India is about ₹6,00,000 per annum

Cloud Security Specialist 

With the growing dependence on cloud-based operations, it is no wonder that Cloud Security Specialists are in demand right now. As the name suggests, their job mainly entails ensuring that cloud server data are safe. This is done by implementing safeguards and observing any intrusions in the networks. 

Besides a bachelor’s degree in a related field and experience as a cloud security professional, an AWS security specialist course can also help you bag a stellar job in the domain. The average base salary of a Cloud Security Specialist in India is about ₹18,50,000 per annum

Computer Forensics Analyst 

One of the most exciting cyber security jobs is that of a Computer Forensics Analyst. They are tasked to accumulate and analyse all data related to illegal online activity and cyber attacks. They also offer digital assistance during crime investigations. 

It is not easy to become a Computer Forensics Analyst as not only do they need technical knowledge of their field but also have a fairly broad knowledge of the law. After completing your bachelor’s degree in a related field, you can start as a beginner-level cybersecurity professional. A related course, such as the CCE and the CFCE, can help you. The average base salary of a Computer Forensics Analyst in India is about ₹7,00,000 per annum

Cyber Security Engineer 

A Cyber Security Engineer’s main job is to ensure that all the systems, data, and networks within an organisation are working perfectly. They do this by designing and maintaining security measures and systems throughout the organisation and running penetration tests to ensure their safety. 

A basic bachelor’s degree in a related field and some experience can land you a job as a Cyber Security Engineer in a few years. You can also enhance your chances by completing an ethical hacking certification course. The average base pay of a Cyber Security Engineer in India is about ₹6,88,534 per annum

Conclusion 

The future of cyber security is bright, with several opportunities available even for beginners in this field. Becoming a high-paying professional takes little time as compared to other fields. 

If you want to make a mark in the field of cyber security, the Imarticus and IIT Roorkee Advanced Certification Programme in Cyber Security can help you realise your dream. With the help of live online training and an industry-related curriculum, this course will make you a master of cyber security in 6 months. 

How big data Analytics can help in improving Network Security

Every day, the information generated and stored by companies worldwide is increasing in volume and complexity. With this arises a need for tools to protect this vulnerable data from data breaches and exploitation by cybercriminals.

Can big data analytics strengthen network security and save the day? Read on to find out.

What is big data analytics?

Big data refers to highly variable, complex data generated at a high volume and high velocity. The analysis and interpretation of big data are known as big data analytics.

With the boom in digitalisation and cloud computing, hundreds of terabytes of data are generated and utilised daily. Extracting useful information from data of this size is tedious with traditional SQL (Structured Query Language) tools. Here’s where big data analytics comes in. 

Frameworks like Hadoop and databases such as MongoDB, Cassandra, Vertica, and Apache HBase make complex data management quicker and simpler. Searching for specific events within large datasets can be completed by such frameworks in minutes.

Applications of big data analytics

Big Data Analytics Courses

Big data analytics helps store and maintain data, detect patterns and trends in real-time, predict future events or problems, and nullify abnormal or malicious activities in vast networks.

Some sectors where big data analytics finds wide applications are:

  • Finance and banking
  • Business and e-commerce
  • Public welfare and governance
  • Healthcare 
  • Communication
  • Energy
  • Entertainment and media

Network security and its challenges

Protocols, policies, and practices designed to keep data safe from cyber attacks and security breaches are part of network security. It aims to detect, prevent and nullify misuse, denial of access, unauthorised modification, or data extraction.

Network security uses physical and digital methods to secure confidential and sensitive data. Biometrics, firewalls, VPNs, and sandboxing are various types of network security

As databases expand, monitoring big data with traditional SQL tools becomes unreliable. Downsides of traditional analytics include frequent false positives, cyber attacks, privacy breaches, phishing, malware, and other network security threats.

Other challenges faced by network security are:

  • Breaches at admin or high clearance levels
  • Lack of vigilant monitoring in open network structures
  • Inability to process high amounts of data in real-time
  • Deliberate or accidental breaches by humans or bots
  • Stealing confidential data through hacking or identity theft

How big data analytics can be the solution?

Storage and maintenance of big data

High-volume non-relational data can be collected and stored on NoSQL databases such as Apache HBase, Cassandra, and MongoDB. These databases use platforms like Hadoop to organise variable and unstructured data.

Identification of anomalous patterns in real-time

Employees are responsible for a majority of network security breaches. These leaks may be accidental, but deliberate breaches may be minor and go undetected for long periods.

Big data analytics can monitor real-time changes in regular data flow patterns. Data from sensors monitoring user credentials can detect unauthorised log-ins and reveal botnets or APTs (Advanced Persistent Threats).

Predictive assessment of network integrity

Tools used in big data analytics can perform predictive analysis of the errors that can occur in the system. NoSQL frameworks can reveal the pitfalls in network security, which can then be patched before hackers discover them.

Prompt retrieval of information from networks

A case study by Zion Bancorporation was able to draw a comparison between the processing speed of data by traditional and big data analytics. Traditional SIEM (Security Information and Event Management) tools took 20 minutes to 1 hour to process data collected over a month. It took a Hadoop-based tool only about a minute to do the same. 

This case study shows the ability of NoSQL tools to process data at high speeds that could detect and barricade gaps in network security.

Analysis of datasets to identify past breaches

When breaches in the system occur, companies often fumble to find what exactly caused it. The sheer volume of big data often makes finding a fault in the network a hassle. With big data analytics, a detailed assessment of stored data can be performed within minutes, assuring prompt responses to cyber attacks.

Conclusion

Advancements in big data analytics have the potential to become an indispensable tool in bolstering network security. There is a rising demand for big data analysts to protect and secure sensitive data.

A career in big data analytics and network security is one click away with the advanced certification programme in cybersecurity from IIT Roorkee. The practical approach of this course aims to equip you to deal with cyber attacks and protect vulnerable networks. It is also a comprehensive guide to ethical hacking, social engineering, encryption, and data forensics.

Enrol now to begin an exciting career in cybersecurity today!

AML and Investment Banking

The banking sector is constantly evolving, making it essential for those who wish to pursue a career in the industry to stay abreast of the latest developments. The role of the banking sector has shifted from simply providing safe storage of wealth and lending money to a guiding figure to governments, corporations or large organisations. Investment banking deals with this changed role advising on the benefits and risks of an investment.

Investment banking is a sector where anti-money laundering laws are implemented to make financial transactions transparent. This article will discuss the rules and regulations surrounding anti-money laundering, the significance of investment banking and the potential for career progression. 

Understanding Investment Banking and Money Laundering 

Investment banking deals with the banking sector providing banking operations for individual clients and companies for the purpose of raising capital. In this regard, areas such as IPO or initial public offerings and mergers are considered where underwriting is issued for a new security position. 

According to the United Nations panel, money laundering is estimated at 1.6 USD trillion. Anti-money laundering combines several rules and regulations regarding the illicit transfer and dealing of funds, contributing to illegal income. It is directed towards improving the financial industry by enforcing strict laws around money laundering. These laws keep the international capital in control, and money is regulated legally. 

How are Money Laundering and Investment Banking Related?

Investment banks are subject to anti-money laundering regulations, which require them to identify, monitor and report suspicious transactions. Investment banks must also ensure that the sources of funds used for investment activities are legitimate and that any trades with customers are properly documented and reviewed.

Additionally, investment banks must establish systems for monitoring their clients for potential money laundering activities and have procedures to report suspicious transactions to the appropriate authorities. 

Detailed Information on Anti-money Laundering

Anti-money Laundering Laws and Regulations 

Prevention of Money Laundering Act, 2002

The Prevention of Money Laundering Act (PMLA), 2002 prevents money laundering and gives the right to confiscate property derived from money laundering. 

The Act was enacted on 1 July 2005 and provided for the forfeiture of the proceeds of crime and money laundering and confiscating the property involved therewith. 

United Nations Convention Against Transnational Organised Crime

The United Nations Convention against Transnational Organised Crime, also known as the Palermo Convention, is an international treaty signed by all United Nations member states in 2000. 

It is the first global legal instrument to address the issue of transnational organised crime, such as trafficking in persons, smuggling of migrants, trafficking in firearms, money laundering, corruption and cybercrime. 

Anti-money Laundering Compliance 

AML compliance aims to detect and report suspicious financial activity, deter money laundering and other financial crimes, and protect businesses and individuals from the risks associated with money laundering. 

It involves several activities, such as customer due diligence, customer identification, transaction monitoring and suspicious activity reporting. Businesses must also comply with relevant laws and regulations, such as the Bank Secrecy Act and Financial Action Task Force standards.

Anti-money Laundering Strategies 

Anti-money laundering strategies are designed to prevent money laundering by identifying suspicious activities and reporting them to the necessary authorities. Here are some valuable techniques that can be implemented for the betterment of investment banking:

Implement Know Your Customer (KYC) Measures

KYC measures are essential for identifying customers and verifying their identity. It helps determine whether a customer is legitimate or engaging in suspicious activities.

Train Your Employees

Train your employees to recognise signs of money laundering and know how to report suspicious activities properly.

Monitor Transaction

Monitor all transactions and ensure they are legitimate and comply with the law. Suspicious activities should be reported to the authorities.

Use Effective Record-keeping

Keep records of all transactions and keep them up-to-date. It is critical to prevent money laundering.

The Interconnection Between the Money Market and Derivative Market and Anti-money Laundering

The money market relates to regulations and effective measures to discourage money laundering. These sets of standards are used against the process of anti-laundering, aiming to transfer or disguise funds for proceeds to criminal activities. 

As a result, money market instruments like treasury certificates are essential for anti-money laundering regulations. These funds must also adhere to the guidelines and regularly review customer accounts.

Money Market as a Source of Funds for Money Laundering

Criminals can use these markets to transfer money into offshore accounts, purchasing and selling assets to defraud companies.

Derivative Market as a Target for Money Laundering

Money launderers can utilise derivatives to cover fund transfers from one entity to another without trouble.

Conclusion

AML and investment banking is a field that requires thorough knowledge and understanding of the banking sector. It requires the ability to understand and analyse financial data and strong organisational and problem-solving skills. The average Investment Banker’s salary is 4.0 LPA and can go as high as 33.4 LPA for experienced professionals. 

To become an Investment Banker, the certified investment banking operations professional course offered by Imarticus is a good place to start. This banking course with placement can help you develop the skills needed to succeed in this field.

UAE – How IIM’s Online Programs are Leading the Future of Education

Online education and courses have risen in the last few years. The edtech industry has seen huge growth. It is due to an increase in the number of internet users. Wide smartphone penetration is another factor to favour the edtech industry. A rise in interest in online learning methods has also helped the industry.

Per a report by Blume Venture, the global edtech industry will reach $300 billion by 2029. At present, it stands at $101 billion. The massive growth potential has attracted several new and established players in the online education industry.

The learners should depend on trusted names. They ensure a quality learning experience. The online courses from the Indian Institute of Management (IIM) are leading the future of education.

The Ministry of Human Resource Development has declared IIMs as institutions of national importance. They are the most famous names in the management education sector in India.

What are IIM Certification Courses?

IIM Certification Courses are specialised programs. They focus on various aspects of the business. They help a learner get better in the area of business administration. IIMs have joined hands with edtech specialists like Imarticus Learning. Together they aim to offer several courses to online learners.

These courses help the workforce in many ways. They help them in staying in touch with the changing needs. They also help in the efficient management of a business. These programs cover marketing, finance, analytics and life skills. These courses can be helpful for entry, mid-level and senior management of a business.

Why opt for IIM Certification Courses?

Corporate Training

IIM offers high-quality education. It has a strict admission process. It has built a brand in the management education space. The Institute has developed several specialised IIM Certificate Courses in online education.

These courses help professionals to invest in upskilling. They assist firms in building high-quality learning experiences for the team. Here are some reasons for choosing IIM Certification courses:

Better employer reputation

When a firm partners with IIM Online Programs, it extends the IIM brand value to its learning and development program. The addition of IIM courses improves the employer’s reputation among current and future employees.

High-quality learning experience

The IIM Certificate Courses are designed well. They provide a high-quality learning experience to the employees. Choosing IIM online programs helps a firm to provide better learning to its employees.

Better results

The firm achieves better results with more employees completing the IIM Certification Courses. The chances to upskill help a firm stay updated with the latest business management solutions.

Corporate Training Programs with IIM Certificate Courses and Imarticus Learning

The firms can opt for corporate training programs from Imarticus Learning. These programs can include the IIM Certificate Courses for the workforce. Imarticus Learning has partnered with several leading IIMs. It offers courses on managing a business.

IIM Certification Courses cover marketing and finance. Analytics and life skills also form a part of these courses. They can provide various organisational programs. These programs can be used to improve productivity. They help in better results for a business.

Imarticus Learning can come up as an end-to-end transformation partner. It helps in building an effective learning management system. Over 200 firms trust Imarticus Learning. Its training programs are per the needs of the employee and firm.

UAE E-Learning: Improved learning and training solutions

Disruption due to volatility, uncertainty, complexity and ambiguity (VUCA) is becoming more common. Companies that find a way to survive VUCA are likely to succeed in the future.

For example, the pandemic changed education forever and it is then e-learning proved its worth during this time. Schools, institutions, and organisations that embraced e-learning have coped better during the pandemic.

The state of the industry

Studies by McKinsey and Global Market Insights predict growth for e-learning training solutions. The growth momentum of e-learning will be in double digits in 2023 and beyond.

For example, the United Arab Emirates (UAE) leads the Middle East and North Africa (MENA) region. They have a 26% share of EdTech startups in the MENA region.

The impact of e-learning on businesses

corporate training

E-learning training solutions help companies build internal skills as needed. Learning and development (L&D) leaders know they need to do more than develop skills.

Improved e-learning training solutions for companies promote workforce adaptability. They improve employees’ ability to adapt to changing demands and accomplish the job. They meet the desire of 57% of workers for just-in-time learning, as expressed in a Gartner survey.

In a Deloitte survey, 86% of companies said that improving L&D is critical.

How can we help?

The key ways our enhanced corporate learning and training solutions can help organisations are:

Our training approach is adaptable and holistic

There can be standard training methods, processes or technology platforms. But not the training content or delivery. A one-off, one-size-fits-all training solution doesn’t work.

For an organisation or an individual, an effective e-learning training solution must:

  • Be individualised and adapt to the unique needs of each organisation
  • Take a holistic approach to link skills and abilities together

Organisations find our solutions effective because they can measure training outcomes after implementation.

Captivating learning experiences

Most organisations have a young workforce with big ambitions. But they have a short and dwindling attention span! To be effective, corporate learning and training solutions need to be engaging. For example, solutions that use gamification and simulations are more interesting in comparison to other methods.

Using technology to improved learning

Companies have leveraged technology. They use it to create flexible, mobile and location-independent workspaces. Corporate learning and training solutions must take advantage of the technology.

L&D has 24/7 access to smart classrooms, recorded sessions, and virtual labs from anywhere.

Expertise and training quality

Our e-learning training solutions include high-quality, up-to-date content and expert resources. They weave a high-quality fabric of future-ready skills for professionals to succeed.

Shared, collaborative learning

Sharing wisdom and knowledge multiplies it. Our e-learning platform provides shared learning to stay ahead of the learning curve.

Proven training method

Behind every successful training is a method. Our method uses experience for learning with the help of meaningful tasks. It allows learners to reflect and learn from mistakes. It encourages conceptualization and experimentation.

Why choose us?

L&D managers, who drive human resource (HR) training, need reliable training partners. Here are five reasons for L&D leaders to choose Imarticus:

  • 300+ training experts on board
  • More than 1.2+ million professionals experienced in training
  • 250+ Fortune 500 clients worldwide
  • 60000+ training days
  • 32 out of 5 points feedback score by trainees

Conclusion

Innovations are turning companies around rapidly. The demand for skills is ever-changing. Upskilling their employees to be ready for the future is crucial. With Imarticus Learning, companies will always have future-ready skilled resources. It is a factor for companies to stay competitive and thrive.

UAE – Here’s How to Get the Most Out of Your Online IIT Course

The current generation of professionals is a big believer in online courses. These courses provide flexibility and opportunities for continuous learning. They help professionals stay in touch with the changing business requirements.

According to research, the global e-learning market is expected to reach $400 billion by 2026, up from $200 billion in 2019. As the e-learning industry has emerged as an attractive opportunity, big names like the Indian Institute of Technology (IIT) have also entered this space. Several online IIT courses cover analytics, cyber security, supply chain and martech.

corporate training

The online certification courses from IIT are designed for working professionals. They can play a critical role in improving the skillsets and capabilities of a professional. To make the most of the online IIT course, a learner must know its various opportunities.

Here is how to get the most out of the online IIT course:

Active participation in classes

Most online IIT courses offer live lectures. They also provide recording functionality. Learners must be active participants in the class. They can rely on the recording facility as a backup. Attending live online classes can be very satisfying. With active class participation, the learners can make the most of the learning opportunities provided in the course.

Networking opportunities

The various IIT courses for working professionals provide many chances to network with peers, faculty and industry experts. The learners must use these opportunities. Building a network as part of the online IIT courses can be helpful even after completing the course.

Timely completion

Most online IIT courses offer certification upon completion of the course. The learners must complete the course on time. Following the set schedule will help keep high interest without wasting any time.

Selecting the right course

To make full use of any course, it must match the interest and career of the learner. When a learner selects a course based on their interest or career choice, the system will help in achieving the end goal.

Tech experience

The learners should consider the technological experience as part of the online certification courses from IIT. An access to a high-quality learning management system is offered along with any tools that may be required for completing the course. The selected course should offer a motivating ecosystem for completing the program.

Online IIT courses can prove to be a critical factor in improving the level of productivity and efficiency in an organisation. As IIT faculty is globally-recognized and capable of delivering a superior learning experience, an organisation has a better chance to achieve the vision by including these courses as part of the learning and development program.

Online IIT Courses with Imarticus Learning

Imarticus Learning is a leading name in the edtech industry that has partnered with several IITs to offer courses related to cyber security, data science, machine learning, supply chain and digital marketing. An organisation can use IIT courses by partnering with Imarticus Learning as the corporate training partner.

Imarticus Learning has partnered with over 200 organisations as a corporate training partner. As it can understand the requirements and deliver a tailor-made experience, organisations are provided with a positive ecosystem for learning and development.

US CMA: Syllabus and Course Details

Certified Management Accountant (CMA) is one of the most sought-after certifications by recruiters globally. The US CMA programme is recognised in over 170 countries, opening global opportunities. 

The CMA certification signifies that a person is well-trained and has an expansive skill set, including financial reporting, forecasting, cost control, planning, budgeting, auditing, accounting, cost management and risk management. 

So, for all the aspirants on their way to becoming a CMA, we are breaking down the syllabus and course details of the US CMA programme in this blog. Read on…

US CMA course details

certified management accounting course

The US CMA programme is a short certification course spanning 6 to 9 months. The course curriculum is divided into two parts, and so is the CMA exam. One can sit for CMA exams (Part 1 or Part 2) in any order.  

CMA exams are held in three windows every year: 

  • January-February
  • May-June
  • September-October

The CMA exam is of 500 marks, with each paper consisting of 100 MCQs and two essays. There are four types of MCQs and three types of essay questions. The exam is of a four-hour duration. Out of 500, an examinee must acquire 360 marks to clear the exams. 

The course lets you choose which exam you’d like to appear for first. This means you can appear for Part 2 before Part 1 and vice versa. 

So, now that you have a grounding on how the course flows let’s understand the syllabus.

US CMA syllabus

As the course is divided into two parts, the syllabus has two sections: Part 1 and Part 2.

Part 1 of the syllabus deals with financial planning, analytics and management. It consists of the following subtopics:

  • External financial reporting and decision

This teaches basic accounting principles, management, and analytics. This helps in assessing the financial standing of a business and predicting the financial position of the company in future quarters. 

  • Planning, budgeting, and forecasting

Budgeting is an integral part of finance. Therefore, a CMA must understand how to ensure the smooth functioning of the financial operations of a business. This module teaches candidates the ins and outs of planning, budgeting, and forecasting. 

  • Performance management

A CMA must be able to churn out the best performance of every financial asset of the company. This module prepares you to maximise your organisation’s potential and profit range.

  • Cost management

A business cannot function without putting a rein on its cost flow. This module deals with the basics of costing systems, measurement concepts and understanding cost behaviour for effective cost management.

  • Internal controls

To effectively run a company’s finance, a CMA must have a firm grounding in risk and cost control and take care of internal auditing to understand where the business stands.

  • Technology and analytics

One can only scientifically make financial predictions by knowing how to use analytics. Therefore, a CMA must be adept at using analytical data to forecast and plan the company’s finances.

After you are done with the first section, you move on to Part 2 of the course syllabus:

  • Financial statement analysis

In this module, a student learns the basics of financial statement analysis, followed by deeper levels of analytical studies like variation, revenue, and profitability analysis.

  • Corporate finance

This module deals with financial management and teaches how to understand financial reports and analysis in a way that questions why costs have been incurred and how profits can be fished in more efficiently. 

  • Decision analysis

This deals with the decision-making proficiency required in cost management. A CMA must understand how to analyse a business’ budget and volume to make the best financial decisions.

  • Risk management

While you get an idea of the risk through the first part of the course, you learn the core of risk management in this half. This is one of the most practical sections of the entire course, helping candidates hone their skills in effective risk management. 

  • Investment decisions

There are multiple profitable ventures at any given time for a business. Filtering through them according to budget and presenting the best investment opportunities is the job of a CMA who is an expert at analysing asset potential.

  • Professional ethics

Just the knowledge of finance is not enough for top-ranking finance professionals. The professional finesse required for this role is complete with the best practices and an understanding of professional values and ethics.

Conclusion

The US CMA course is any professional’s golden ticket to a salary hike and placement in well-reputed global organisations while adding to one’s knowledge, skills, and resume.

Imarticus Learning offers the US CMA certification course through live online classes. You pay 50% while enrolling, and the rest only when you pass the course and get the certification that ensures you get a salary package starting from Rs 6.5 to 8 LPA. Sign up for the US CMA course and master the 12 core skills you need to ace finance and accounting.

What Is the Role of Supply Chain Managers in Sales and Operations Planning?

Sales and operations planning (S&OP) is an inclusive planning procedure aligning a company’s demand, supply and financial planning cohesively. Sales and operations planning is a designed and executed decision-making procedure for the company’s master planning. 

An enterprise’s Supply Chain Managers help produce feasible material in adherence to a steady financial plan and available supply and resources. Since S&OP incorporates a strategic and tactical planning procedure, it provides insights into the shifting demand for resources in different geographies. 

Generally, an S&OP takes a comprehensive planning procedure between 18 and 36 months. In this article, let’s discuss the roles of Supply Chain Managers in sales and operations planning, their benefits and challenges. 

Supply Chain Manager: With Special Emphasis on Supply Chain Management

globa chief supply and operations officer course

Supply chain management primarily deals with the flow of goods and services from processing raw materials to final products. It helps streamline a business’s supply activities and integrate maximum customer value. 

Supply Chain Managers control the purchase of raw materials for production and ensure that the products come at the right time. They also coordinate on storing the raw materials so that no material gets misplaced or damaged in the procedure. 

The goal of a Supply Chain Manager is to enhance and develop the company’s supply chain strategies. He/she strives to improve productivity and efficiency and reduces costs by securing materials of optimal quality and quantity at the lowest price. 

Role of a Supply Chain Manager in Sales and Operations Planning 

A Supply Chain Manager maintains the alignment of daily operations with corporate strategies and closely examines the demand and supply in the department to keep equilibrium. Let’s see what the roles of Supply Chain Managers are in S&OP. 

  • Gathering Data: One of the primary roles of a Supply Chain Manager in an enterprise is to collect forecasts based on the existing predicament with various key variables. The key variables include inventory, recent sales and cash on hand.
  • Planning Demand: Supply Chain Managers help analyse, forecast and influence demands, thus shaping a pattern. As a result, they make an inventory to match the demand for raw materials.
  • Planning Supply: Supply Chain Managers have the role of assessing the production and distribution capacity. They also examine the constraints that might cause an untimely delay.
  • Reconciling Production Plans and Demands: Supply Chain Managers adhere to the demand and production plan alignments and ensure that they meet the company’s financial requirements and objectives. They also make recommendations to the management to ensure the best for their department.
  • Attending Executive Meetings: It is pivotal that a Supply Chain Manager attends executive meetings. He/she generally takes the inputs from the S&OP team, reviews the plan and subsequently makes a final version that would suffice well for the company. 

Benefits of Sales and Operation Planning 

Sales and operations planning comes with many benefits that help integrate the company’s mission and goals through various departments. It does not use a segregated approach but focuses on bringing different pieces of the company together and thus creating an overview. Let’s find out about the benefits of S&OP in the context of Supply Chain Management (SCM).  

  • Resource Optimisation: The S&OP helps in resource optimisation by helping the company know the right amount of materials needed for production. It avoids any circumstances for potential waste and uses the resources to their fullest with maximum efficiency.
  • Collaborative Improvement: S&OP helps in the alignment of the sales department alongside different production goals. It understands the effects of performances and thus improves communications accordingly to enhance efficiency. S&OP does not let production limitations be an issue for seamless collaborations.
  • Profit Maximisation: Once the sales and operations are substantially aligned, the company thus maximises its profits. They help greatly in terms of cost efficiency, lowering storage needs and eliminating complex issues in the supply chain. This would help the management set realistic goals and create a realistic forecast of future budgets. 

Conclusion 

Besides improving forecast accuracy, S&OP is efficient for curtailing inventory costs that boost the working capital. It is also responsible for increasing market revenues and shares by proving its effectiveness to new initiatives and products. 

If you are interested in earning a Certification in Supply Chain Management or SCM, then check out Imarticus Learning’s Professional Certification in Global Supply Chain Management and Analytics. You can make a successful career as a Supply and Operations Planner and learn sales and operations planning and other important aspects of inventory management incorporated in SCM. 

The program is certified by IIT Roorkee. To know more, check out its website right away!