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6 Skills You Need to Become a Cyber Security Analyst

Posted on by Imarticus Learning

Internet and digitisation are on the rise. As a result, cybersecurity threats are on the rise too. This has dramatically increased the demand for cybersecurity professionals in recent years. But since this field is still evolving, only a few people possess the skills required to become a cybersecurity analyst. Knowledge of the required skills can help you succeed in this industry. Here is a list of the essential skills needed to be a cybersecurity professional:

Networking

Cybersecurity attacks rely on computer networks to maximise damage. Isolated systems are rarely attacked. Thus, if you want to work as an analyst, you need to understand networking and data transmission within a network. This can help keep data safe. You should understand network protocols and know how to use them.

Knowledge of operating systems

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If you want to become a cybersecurity professional, you need to have an in-depth knowledge of the different types of operating systems (OS). These include Windows, Linux and Mac OS. You should feel comfortable working in any operating environment. This is because a cyber threat can arise in any scenario. OS security techniques include antivirus software, firewalls and OS updates.

For example, the Kali Linux operating system provides certain tools. These tools can help in ethical hacking and penetration testing.

Coding

If you do not know how to code, your chances of growth in this field can get restricted. You should learn a few coding languages if you want to become a cybersecurity expert. There are a lot of popular coding languages used these days. These include C, C++, Python, HTML, SQL and JavaScript. These languages can help identify and fix loopholes. Thus, you will be able to defend the system against malware attacks.

Security

You need to have a solid understanding of security fundamentals for becoming a cybersecurity professional. You will be able to tackle cyber threats by analysing patterns and behaviours. Many companies are looking for cybersecurity experts who can protect cloud-based systems and devices. Thus, you must have strong cloud security skills.

The popularity of blockchain is on the rise. This is because of the security it offers. Cybersecurity analysts should know how to handle security issues related to blockchain. This will help you prepare for future challenges.

Today, many large organisations perform security audits. This is done to identify any loopholes in their security infrastructure. A security analyst should stay updated with the industry’s latest security trends and practices.

Incident handling and response

Incident handling and response refers to monitoring a security event from beginning to end. This involves investigating security incidents. You can then respond to them to neutralise or eliminate the immediate threat. Consequently, you will be able to restore the system.

When a system is breached, a cybersecurity professional needs to work as an incident response analyst. You will be expected to determine a strategy to resolve the issue.

Risk analysis

Risk analysis is a crucial function of cybersecurity professionals. It allows you to assess the impact of potential security threats. Thus, you will be able to develop strategies for preventing and responding to these threats.

All these technical skills are necessary to become a cybersecurity analyst. However, certain soft skills are also required if you wish to have a successful career in this field:

Communicating and documenting incidents

Analytical mindset

Critical thinking

Attention to detail

Ability to understand complex concepts

If you want to become a cybersecurity analyst, do feel overwhelmed by the complex nature of the job. You can opt for a certified cybersecurity course to learn the technical skills required to be successful in this field. Imarticus Learning’s cybersecurity course with placement is one of the best courses available.

This comprehensive postgraduate programme in cybersecurity covers all the necessary technical skills. It also incorporates new technologies in this field. This PG in cybersecurity course is designed in collaboration with industry leaders. This helps align with industry demands. It provides you with an immersive learning environment. It can prepare you to deal with real-world problems. You will also get several interview opportunities at the end of this course.

Fresh graduates with a Bachelor’s degree in IT / Computer Science and early career professionals with STEM / tech backgrounds are eligible to apply. This cybersecurity course with placement can be taken in two ways –

in the classroom

live training mode

We can confidently say that this is the most comprehensive and job-focused course to become a cybersecurity analyst.

Conclusion

Working in the field of cybersecurity requires a wide range of skills. Most of these skills come through practice and experience. However, to begin your career as a cybersecurity expert, our PG in cybersecurity programme is the ideal choice.

Learning and Training for Apache Hadoop Online

Posted on by Imarticus Learning

The amount of data generated online is increasing at a rapid pace. Organisations use raw data to derive meaningful insights to make decisions. Companies are adopting Big Data tools to process vast volumes of data from many sources. Apache Hadoop is a significant disruptor in Big Data. This technology has proved useful in capitalising on Big Data. For a career in Big Data and analytics, one must understand Apache Hadoop. A PG in Data Analytics course from a reliable and certified source is the way forward.

Let’s understand what Hadoop is all about.

What is Apache Hadoop?

Apache Hadoop is an open-source platform. It is used to store and process Big Data on a large scale. It offers reliable, scalable and distributed processing of massive amounts of data. Hadoop-based applications use data stored on clusters of commodity computers. These sysetms are inexpensive. Thus, Hadoop uses the computational power of an extensive network of clusters at a lower cost.

Doug Cutting and Mike Cafarella created the Big Data analytics platform in 2005. Many large businesses use Hadoop. It provides a cost-effective solution to store and process data. Big Data analytics is an emerging field used across many sectors. The good thing is that one can learn Hadoop online and prepare for a career in data analytics.

Applications of Apache Hadoop

Learning Hadoop can be excellent for a data analytics career. Let’s look at some of its primary uses in the real world.

Understanding customer requirements

best data analytics course

Companies in sectors like finance and telecom use Hadoop to get customer insights. For example, sales data determines when a specific product sells the most. Or why certain products sell more on particular hours or days. Hadoop can track social media data and online conversations about a business. Monitoring online data helps the business understand customers’ grievances and expectations. Hadoop’s insights can enhance the quality of service and improve customer satisfaction.

Security and law enforcement

Hadoop is also in use in the field of security. Many law enforcement agencies use it to become more efficient, proactive, and accountable. Hadoop enables them to detect suspicious activities and security breaches in real-time. The police department uses it to predict criminal activities and catch criminals. The national security agency of the USA uses it to prevent terrorist attacks.

Financial institutions also use Hadoop to detect any fraudulent transactions.

Healthcare intelligence

Healthcare providers and healthcare insurance companies are using Hadoop-based healthcare intelligence apps. These apps help process large data sets and devise smart business solutions at a lower cost. Hadoop’s scalable and inexpensive features can accommodate dynamic data and scale.

Financial trading and forecasting

Hadoop is quite popular in the field of financial trading. Its algorithm allows it to scan markets with predefined conditions and find trading opportunities. Most trading decisions are made using Hadoop in high-frequency trading.

Improving science and research

Hadoop plays a major role in the research field as well. A considerable amount of relevant data is extracted and analysed to conclude early. This saves time and effort and improves the quality of output.

Optimising business processes

The most common application of Hadoop is to optimise a company’s performance. It can improve various business processes. Workspaces are improved by monitoring the employees’ behaviour. Most business decisions can be taken with the help of insights derived using Hadoop.

Takeaway

Apache Hadoop has plenty of other applications as well. The good news is that one can easily learn Hadoop online. If you want a successful data science career, you need to build your knowledge base in the field. We at Imarticus Learning offer one of the best data science courses with placement. We have developed our Post graduate program in data analytics and machine learning after having an in-depth understanding of the data science job landscape. The data science course with placement has a cutting-edge curriculum that teaches all the in-demand data analytics tools and job-relevant skills. Applicants can also learn Hadoop online in this course.

This PG in data analytics course will transform learners into expert data scientists as the course includes real business projects, relevant case studies, and mentorship from industry experts. It guarantees interview opportunities for learners, as we have over 400 placement partners. Fresh graduates and early career professionals (0-5 years of experience) with a technical background are welcome to apply. Anyone interested in enrolling in the program can enquire about it or chat with us.

Data science is a highly rewarding career path with many job opportunities across several sectors. Our data science courses with placement will set anyone inclined to be a data analyst on the right path.

The various stages of anti-money laundering

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Money laundering involves hiding funds through unlawful means. It is a serious offence. Criminals hide money through legal financial systems. Money laundering hides the origin of the funds. Criminals make a profit from such illegal activities.

There are local and global anti-money laundering (AML) regulations. They address money laundering.

Money laundering happens on a vast scale. This makes it difficult to address the issue. AML wants companies to have legal obligation. It helps companies understand money laundering risks. They have to know the stages of anti-money laundering. They can then address money laundering challenges.

An anti-money laundering course helps you understand key AML concepts. You learn to become AML compliant.

Imarticus Learning’s Investment Banking Course will teach you all about anti-money laundering. Placement is guaranteed.

Anti-money laundering laws are important for businesses. They combat money laundering. Learn about anti-money laundering in this article. You will also get to know about activities and controls.

What is Money Laundering?

Money laundering involves disguising illegal money. Criminals do money laundering in various ways. Examples include selling arms or terrorism funding. Others are contraband smuggling and human trafficking. There are three stages of money laundering.

Money laundering stages

1.      Placement

Criminals launder illegal funds into legitimate financial channels. They make them appear as legitimate sources of income. Examples include fake invoices and cash transactions.

2.      Layering

Illegal funds get placed within financial channels. Then, layering is done to hide the illicit fund origin. Criminals divide huge funds into small transactions. This helps them comply with AML regulations. It blurs the audit trail. Money laundering is impossible to detect due to layering.

3.      Integration

Laundered money gets withdrawn from legitimate accounts. Criminals then re-invest these funds through various smaller transactions. They do this to not attract the attention of AML authorities. They could pay loans to the directors of a shell company.

Why Businesses Should Prevent Money Laundering?

best investment banking courses with placement in India

Businesses should prevent money laundering. They should stop the illegal use of money. They should report any fishy transactions to the authorities. If they fail, then they will face action. They have to pay penalties or go to prison.

What is Anti-Money Laundering?

AML guidelines aim to stop money laundering activities. They prevent criminals from laundering money.

Anti-Money Laundering Controls

1.      Know your customer (KYC)

Businesses must be careful when identifying customers. Through KYC, businesses get to know about any illegal use of funds.

2.      Upgrade technology

Businesses should adopt the latest technology. It will help identify any fishy money laundering activity. Examples of technologies include AI and Big Data. Technology helps maintain accurate records of all transactions. They create an audit trail.

3.      Regular cross-communication

Anti-laundering parties include law enforcement authorities and governments. They also include AML regulators. Information exchange between them increases AML vigilance. Their efforts build public trust.

4.      Standardised systems

AML-compliant systems establish anti-fraud measures. Without them, it becomes difficult to communicate. A uniform system can prevent money laundering activities.

5.      AML training

The right staff is needed to detect money laundering activities. You should know investment banking concepts. Enrol yourself in AML courses. For example, Imarticus Learning’s Investment Banking Course.

Conclusion

Businesses use anti-money laundering measures to prevent fraud. The Imarticus Learning course helps you learn about AML regulations. Imarticus Learning’s Investment Banking certification course helps you develop the necessary skill sets. It guides you toward a career in banking, treasury or clearing services.

For more program information, visit our program webpage. There is chat support. You can also go to our training centres. We have centres in Mumbai, Thane and Pune. They are also there in Chennai, Bengaluru, Delhi, Gurgaon and Ahmedabad.

How to build a career in retail banking in 2023

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Retail banking is a rapidly evolving industry, and the landscape of what’s expected from individuals entering this field is constantly changing. New technologies and innovations are constantly being developed that change the way banks provide services. As a result, understanding what the future of retail banking looks like is essential for anyone looking to build a career in this field.

No panic; this post will give you a complete guide to what the future of retail banking will look like. We’ll go over the top skills needed to build a career in retail banking in 2023. Plus, we’ll also go over the top trends that will shape the retail banking industry.

Let’s get started!

What the future holds for retail banking?

The future of retail banking is expected to be heavily focused on digital technology. Banks will continue to develop and refine digital solutions, such as online banking, mobile banking, and automated financial services, in order to make banking easier, faster, and more convenient for customers. AI and machine learning technologies are also likely to play an increasingly paramount role in retail banking, with banks using these tools to improve customer service, manage risk better and develop innovative new services.

Additionally, customer experience will become a top priority for retail banks, with a focus on personalization, customer-centric design, and the use of data and analytics to drive more personalized services.

Top skills needed to build a career in retail banking in 2023. 

The retail banking industry is expected to undergo significant changes over the years, with new technologies and innovations transforming the sector. As a result, there will be a growing demand for highly skilled professionals who possess the necessary skillsets to help banks thrive in this rapidly changing environment. 

Below are some of the top skills needed for retail banking careers in 2023:

  • Data analytics skills: As banks move toward digital transformation, they will need employees who can analyze large amounts of data and make strategic business decisions based on their findings. Not only will banks need employees who can collect and process data, but they will also need people who can interpret the findings and use them to improve customer service or boost revenue.

  • Business intelligence skills: Data analysis is only half of the equation. The other half is business intelligence, which refers to the ability to interpret data as well as make it useful. Banks will need people who can identify trends and patterns in customer behavior, then use those insights to create new products or improve existing ones.

  • Data visualization skills: Banks will also need people who can transform raw data into visual representations that make it easy to interpret and understand. This is particularly important when dealing with large amounts of information since seeing trends in a chart or graph is much easier than trying to interpret hundreds or thousands of numbers on a spreadsheet.

  • Artificial intelligence (AI): The fourth big trend is the increasing use of AI in banking. This refers to computer systems that can perform tasks that normally need human intelligence, such as recognizing patterns in data and making decisions based on those patterns.

Top trends that will shape the retail banking industry.

If we talk about the retail banking sector, the biggest trend that will shape the industry is the growing importance of digital channels. Consumers are increasingly using smartphones and tablets to manage their finances, which means banks need to offer digital-only services and make sure their websites are mobile-friendly.

In addition, banks are starting to use AI in order to improve fraud detection and identity verification processes. This allows for more efficient real-time decision-making without waiting for human input on every case. Also blockchain technology is starting to be used in the banking industry as well. This allows banks to process transactions more quickly and securely without having to depend on third parties such as clearing houses.

Start a career in banking and finance with Imarticus Learning.

Our banking and finance courses list has something for everyone – from postgraduate programs to specialized courses. Learn in detail how you can get started with us today! The future of banking and finance is now, so don’t miss out on the ultimate opportunity to unlock your full potential.

Course Benefits For Learners:

  • This banking course after graduation will help you get a job in banking and finance.
  •  Banking programs teach learners the basics of banking, finance, and fintech.
  • Students who complete this Postgraduate program in Banking will have better resumes than their peers, which can help them advance professionally.

Beyond the Horizon: The Success of Financial Services and Capital Markets courses in 2023

Posted on by Imarticus Learning

It is no secret that the world of finance is constantly evolving. To stay ahead of the curve, professionals in the financial services and capital markets industries need to be able to anticipate changes and adapt quickly. 

The financial services world is in a time of exciting transformation – full of thrilling possibilities and unpredicted challenges!

In this post, we will look at what the landscape will likely look like in 2023 and explore some of the courses that will be most successful in helping professionals succeed in this field. Stay ahead of the competition – read on!

The Financial Services and Capital Market Landscape in 2023

 

The financial services and capital markets industries have undergone significant changes in recent years. By 2023, it gets predicted that these changes will be even more pronounced, and the industry will look very different from its present state. 

Additionally, the sector needs money to invest in digital and cloud transformation to counter well-funded peers and rivals in the payments, tech, and retail sectors.

However, there is a benefit to capital restraint during a brief recession. Since bank share prices have historically outperformed those of fintech, it might give banks the financial muscle to pursue transformative deals using a combination of cash, stock, or both.

Here are some of the trends that we can expect to witness:

  • Increasing use of technology

    Technology is already used in the finance industry to facilitate various processes and transactions, but this trend can become even stronger by 2023. Technologies like blockchain, artificial intelligence, and cloud computing have been used extensively to streamline operations and improve accuracy.

     

  • Growing need for fintech skills

    As technology continues to revolutionize the finance industry, there will be a growing need for professionals with specialized fintech skills. These include technical knowledge of different financial software and understanding how to use it effectively and ethically to maximize its potential.

     

  • Increasing demand for data-driven decisions

    As more sophisticated analytics tools become available, there will be greater demand who can make data-driven decisions. Understanding how to interpret financial data and use it to inform decision-making will become increasingly important as the industry evolves.

     

  • Greater emphasis on cybersecurity

    As more financial transactions move online, there will be an increased need for cybersecurity professionals. Companies must protect their data and assets from cyber threats to remain competitive.

The future of consumer payments

The macroeconomic outlook for 2023 predicts a mixed future for companies participating in consumer payments in the short term. Higher rates should increase banks’ net interest margins for card portfolios. 

Still, consumers’ appetite for spending may be affected by ongoing inflation, the depletion of savings, and a potential economic slowdown. Digital payments should also hasten and change the payment experience in several ways. 

However, fraud could go where money does. In the long run, it gets anticipated that digital identity will develop as a balancing force to reduce the risk of fraud. Meanwhile, the creation, storage, valuation, and exchange of money through digital currencies could have significant long-term effects on consumer payments.

Nobody can predict the future of financial services and capital markets, but it is safe to say that the environment will be very different from what it is today. Capital markets are constantly evolving, and the companies that survive and thrive will be the ones that can adapt to change. 

Whether you are a startup or an established player in this industry, now is the right time to start planning for the future!

Learn Advanced management program in financial services with Imarticus Learning

As part of our IIM Lucknow certificate courses, students will learn about careers in investment banking, capital markets, risk management, and fintech. This demanding six-month program was created at IIM Lucknow by the top business school in the world.

Course Benefits For Learners:

  • Students can network with peers and business professionals through this financial management course.
  • Key concepts like investment banking, capital markets, risk, and fintech will get understood by the students.
  • The financial services management certification can teach learners about financial services and capital markets.

Visit our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Delhi, Gurgaon, or Ahmedabad, or get in touch via the chat support system.

Full stack web development: Industry, Designation and Careers in India

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Are you searching for a career path that is both rewarding and lucrative? Have you considered the field of full-stack web development? 

Full-stack development jobs offer excellent career opportunities in India, with attractive pay packages and challenging tasks. 

With an ever-growing demand for skilled professionals who can create unique web experiences, companies are looking to hire candidates with a combination of technical abilities — from back-end applications to client-side scripting techniques. 

Unleash your inner tech guru and become a full-stack developer to gain instant recognition in technology! With this skill set, you’ll have all it takes to impact any project.

What is full-stack web development?

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Full-stack web development is the practice of developing both client-side and server-side software. A full-stack developer has knowledge and skills in creating a website or application. 

This includes front-end coding such as HTML, CSS, and JavaScript; back-end coding languages like PHP or Java; database systems such as MySQL or MongoDB; and even content management systems (CMS) like WordPress. 

As such, they can handle all aspects of website or application development independently instead of having separate teams for each part. 

 With a broad range of complex topics to cover, full-stack developers need strong problem-solving skills to provide an overall holistic approach to building out an effective, efficient tech system.

The industry landscape for full stack developers in India 

Full-stack developers are an essential part of any tech team. With their skillset, they can build entire websites from scratch without relying on anyone else for help. This makes them highly sought after by businesses looking for talented individuals who can get the job done quickly and efficiently with minimal supervision. 

As far as designations go, there is no single “full stack developer” title; instead, individual developers may have different titles, such as “Front-end Developer” or “Back-end Developer,” depending on their expertise and focus.  

How to get started on a career in full-stack web development? 

India has become a significant hub for software development over the past decade due to its large pool of talented professionals and low labor costs. As such, there is no shortage of job opportunities available for those pursuing careers in full-stack web development here. 

Companies always look for talented developers with experience building websites and applications from start to finish. Furthermore, salaries are competitive compared to other countries due to the increased demand for skilled professionals in India.  

 Salary trends and prospects for full stack developers in India

India is a great place to be a full-stack developer! As the country moves further towards becoming an IT powerhouse, the demand for developers continues to grow. Salaries in this field have seen real momentum over the past few years and are typically very competitive with other countries. 

While entry-level developers may need a few years of experience before enjoying more attractive salaries, experienced developers are in high demand. Some positions offer packages that open even more exciting opportunities. 

The salary of full-stack developers in India is substantial, and you can confidently say this. They make INR 6,23,920 a year on average.

With enough dedication and passion, any aspiring developer can become a master at this craft with enough time and patience! 

So what are you waiting for? Grab your computer and get started today!

Learn data structures and algorithms with Imarticus Learning.

Through our Full-Stack Developer online course, students will learn database architecture and algorithms. During this six-month full-stack developer training, learners will learn data structure algorithms and the technical facets of front-end and back-end programming.

 Course Benefits for Learners:

  • Establish a solid foundation in data structures while learning popular tools like Java, Spring, MongoDB, JavaScript, React, Docker, and Jenkins.
  • Our FSD Pro course provides learners with a solid foundation to build their professional success.
  • FSD Pro is the perfect program for tech lovers looking to get a foot in the door of the IT industry.
  • With tailored learning experiences, an interactive curriculum, and career services dedicated to helping you find full-stack developer jobs, this course offers everything needed for success – including job interviews guarantees!

What makes an IIT cyber security course better than any other

Posted on by Imarticus Learning

The information technology industry is moving towards an age of increased digital reliance, with cyber security as its backbone. As such, there has been a surge in people looking to enhance their knowledge and expertise. 

Over the past year, an organization’s average cost of cybercrime has risen to $13.0 million, an increase of $1.4 million. According to the Ninth Annual Cost of Cybercrime Study from Accenture and the Ponemon Institute, there have been an additional 11% more data breaches on average, bringing the total to 145. The need for information risk management has never been greater.

For students wanting to stand out from the competition and have the skillset needed for top cybersecurity jobs, enrolling in a course at one of India’s renowned Indian Institutes of Technology (IIT) might be the answer! 

With cutting-edge courses focused on real-world applications and research opportunities that can take your learning beyond textbooks and lectures, IITs give students a holistic approach to understanding this dynamic field. 

This blog post explains why an IIT cyber security course should be your priority if you consider studying IT Security.

Hands-on Experience 

The IIT cyber security course provides students with hands-on experience. Through various lab activities and projects, students can gain a deeper understanding of how cybersecurity works in real-world applications. This approach allows them to understand better the concepts they are learning and gain valuable experience that can help them in their future careers. 

Expertise Across Multiple Domains 

IIT cyber security courses provide students with expertise across multiple domains. IIT courses cover all aspects of modern cyber security, from cryptography and network security to cloud computing and digital forensics. This comprehensive curriculum gives students a comprehensive understanding of the field and valuable skills they can use when they enter the workforce or pursue further study in related fields like computer science or engineering.  

Industry Connections & Professional Development Opportunities 

IIT’s close ties to leading industry professionals give students unique opportunities to form connections with potential employers while gaining valuable professional development experience. 

Comprehensive Curriculum 

The curriculum for this course is also comprehensive and up-to-date with the latest trends in cyber security. Students will learn about network defense, ethical hacking, cryptography, digital forensics, and more. They will receive training on how to use tools for penetration testing. By accessing this information on cutting-edge topics, students can be sure they have all the necessary skills to succeed in their future endeavors. 

Industry Expertise 

Students taking an IIT cyber security course can also benefit from the expertise of industry professionals who teach these classes. Industry experts bring their real-world knowledge into every lesson and provide students with tips and tricks that you can only learn from years of experience in the field. These instructors are passionate about providing students with an education beyond just textbook learning – they want them to prepare for life after graduation.  

The IIT Cyber Security Course is one of the best options for those looking to jumpstart their career in cybersecurity. It provides hands-on experience through lab activities and projects and delivers comprehensive training on all aspects of cybersecurity while being taught by experienced industry professionals. Anyone looking for excellence in cybersecurity should consider taking this unique course IIT offers!

Discover a career in cyber security with Imarticus Learning.

 

The IIT Roorkee Cybersecurity course will prepare students for an exciting cybersecurity career by instructing them in the fundamentals of networking and information security, ethical hacking, cloud security, application security, and incident handling.

Course Benefits For Learners:

  • After completing this program, students will receive an Advanced Certification Program in Cyber Security co-branded by CEC and IIT Roorkee. Their professional credentials will become significantly more valuable due to this advanced certification in cyber security.
  • This program, developed in collaboration with CEC, and IIT Roorkee, will give you the most in-demand security tools and abilities. 
  • Students will learn cyber security, cloud security, network security, and application security through challenging lab sessions on real-world issues throughout the ethical hacking certification course.

Visit our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Delhi, Gurgaon, or Ahmedabad, or get in touch via the chat support system.

Your data analyst training course is incomplete without these features

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Data analytics is one of the most trending careers in present times. Earlier, data was considered the new oil in the industry because of its requirement in almost every sector. These days its significance is more than oil, as none of the business sectors can survive without data and insights. 

Hence, there is an increasing need for professionals in this sector. And, you can find data analyst training in various educational institutes. But, the question is which one to choose amongst these courses. To help you solve this conundrum, the following is a list of features that a course for data analysis must contain.

5 must-have features of a data science and analytics course

As we have already mentioned, multiple data analytics courses are offered across various platforms. Some are made available online and others in colleges or universities. Some of them are free, some are paid, and some are based on the freemium model (a portion of the course is free and the rest is paid). But, which ones should you choose? This can be done with the help of a checklist which consists of some basic features. Without these, a data analyst training course is deemed incomplete. What features are these? Read on…

It should consist of placement assistance along with the training programme

 

Completing a data science and analytics course and securing a job right afterwards would help you secure a handsome salary package. Therefore, your data science course should have a placement programme and the partner companies should be some of the reputable names in the industry. Otherwise, you will not get the exposure you need to build a successful career in this domain.

The curriculum should be job oriented

If your course lacks the modules that are helpful for the job, then you are in for a rude shock, as none of the placement agencies like candidates who do not have skills that make them job-ready. By this, we mean that you should have knowledge of data science and analytics modules like Python, SQL, Power BI and Tableau. Without these courses in the curriculum, you will not even be considered for an interview. So, be on a sharp lookout while selecting the programme.

There should be live learning modules

The training methodology needs to be hands-on. The faculty should teach you all the basics of data science and analytics, as well as the prevalent practices in the industry. If you are able to grasp the whole mechanism, then you will be able to take on any role in your job in data analytics. However, if your programme does not have a live learning module, then you very well know what to do. 

The programme should contain some real-world projects

Without these, you are just another data analyst in the room. Live projects enable you to test your theoretical knowledge and check your progress as a professional. Moreover, you get a chance to experience the real-world application of what you are studying and how clients and companies work, along with the type of issues you are likely to face when working as a data analyst.

The programme should offer dedicated career services

To excel in a data analyst interview, you need to give your best. And to put your best foot forward, you need to participate in interview workshops, resume building sessions, profile building exercises and one-on-one mentorship. Your data analytics training should include proper career services so that you can easily land your dream job.   

A data science and analytics course enables access to one of the most prized job opportunities, which is highly rewarding if you grab it with both hands. So, it is extremely important that you find a course that fulfils your requirements and then gives you the professional advantage you need to advance in your career. In this regard, you can use the advice mentioned above to your advantage while researching for your PG in data analytics course.

And, if you are looking for a readymade solution, consider the postgraduate program in data analytics from Imarticus Learning. This course will get you placed in the top 500 companies, and you will get a chance to learn from a well-reputed faculty with decades of industry experience in data science and analytics.

A brief guide to becoming a successful CFO in 2023

Posted on by Imarticus Learning

If you’re a student interested in becoming a successful CFO someday, here’s a brief guide to help you get started. The path to CFO greatness starts now! 

Students who are determined and dedicated will be in a prime position for success as the role of CFO training grows exponentially in 2023. Here’s a quick guide on getting started today towards being an exemplary finance leader tomorrow.

To become a top candidate for the job, start honing your skills in these key areas: critical thinking, financial analysis, and communication. With hard work and dedication, you can join the ranks of successful CFOs in 2023! 

Read on to learn more about what it takes to become a successful CFO.

The changing role of the CFO

Being a finance officer is no small feat – they’re the ones that keep companies running smoothly behind the scenes. These administrators steer enterprises safely through any financial storms and ensure their business partners are happily playing by all the rules and regulations of our modern world.

Today’s CFO plays a much more active role in their organization’s strategic development than ever. They must be able to look at financial data and make decisions that benefit the company. CFOs are also responsible for managing risk, allocating resources, and creating value for stakeholders. As technology evolves, CFOs must stay on top of current trends and use their knowledge to maximize efficiency and profitability.

How to become a successful CFO?

To become a successful CFO in 2023, you’ll need to build the right skillset.

  • Business Acumen: A successful CFO must have a deep understanding of their business and be able to make decisions that benefit the company.

 

  • Financial Analysis: A strong financial background is essential for CFOs, who must be able to analyze and interpret complex data.

 

  • Critical Thinking: CFOs must be able to think critically and strategically about financial decisions.

 

  • Communication: Effective communication is vital for any successful leader; the same goes for CFOs. Good communication skills are essential for ensuring everyone understands their decisions and why they’re important. 

How to stay up-to-date with changes in the field?

Regardless of your field, keeping up with changes is essential to success. But finding the time and resources for professional development can be challenging when life gets busy. You can take some easy steps to stay ahead of the curve and keep your knowledge fresh and up-to-date.

 

  • Make use of online resources. Take advantage of the massive amount of information available on the internet. Read industry news, watch tutorials, and attend webinars or virtual workshops to stay abreast of new developments in your field.

 

  • Follow influencers and thought leaders in your field. Social media is an excellent way to learn about new trends and developments in your field. Follow industry influencers on Twitter, Instagram, or LinkedIn to stay ahead of the game.

 

  • Attend conferences and workshops. Nothing beats getting out there and learning in person! Conferences are an excellent means to network with other professionals in the industry while expanding your knowledge base at the same time.

 

  • Take advantage of professional development opportunities offered by your employer. Many companies offer professional development programs or reimbursements for courses outside of work. Taking advantage of these opportunities can help you stay up-to-date and even gain new skills in the process!

 

  • Take some time to network with people in your field. Networking is a great way to learn about current trends and industry knowledge. Reach out to people in your field, ask questions, and get advice on how best to stay informed. You’ll be surprised at the new things you can learn!

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Develop your financial leadership skills and take the next step in your career by enrolling in IIM Indore’s Postgraduate Certificate Programme for Emerging CFOs. With this 12-month online CFO executive training, you’ll gain a deep understanding of management and finances that can open up big doors!

Course Benefits For Learners:

  • By observing and interacting with top CFOs, you can gain practical financial knowledge and steer organizational transformation.
  • Students will learn the fundamentals of capital structure, treasury, risk management, and more contemporary topics like shifting CFO roles, Fintech, and tech-driven financial services.
  • The Postgraduate Certificate Programme for Emerging CFOs, which focuses on finance professionals, works with IIM Indore.

13 Tips For Risk Management. A Balanced Approach To Training

Posted on by Imarticus Learning

Be it a startup or a multinational corporation, the risk is an indomitable part of the business. Risk always comes unannounced and hampers the integrity of businesses, whether it is a financial crunch or cyberattack.

To address such unforeseen situations, companies often devise risk management strategies and plans. Implementing risk management training into company culture helps to reduce massive damage and protects a company’s financial assets as well as its reputation. 

What is risk management?

 

Risk management is the process of identifying, assessing and controlling any kind of risk within a company. These unforeseen events can occur from a variety of sources, which include legal liabilities, natural disasters, financial failures and strategic management errors, among many others.

Most common business risks

Despite investing energy and hours, some situations in business are unavoidable. The most common business risks are:

  • A breakdown in the supply chain or an error in the logistics can pile up problems and drain finances.
  • Poor product quality, financial discrepancies or bankruptcy can lead to the loss of the reputation of a company.
  • Implementation of new technology and unable to use it tactfully can drain wealth.
  • Advancement in technology has led to the rise of cybercrime, data breaches and hacking.
  • Inflation, stock volatility or economic depression runs the risk of ruining a company.

13 risk management training tips

Over the years companies have hatched several strategies to mitigate risks by incorporating risk management training. Some of the best methods are:

Data analysis

Organisations must collect and analyse data in a thorough manner, as it is one of the key elements in risk assessment and management. For example, to prioritise a short list of potential risks on a project that requires immediate attention, qualitative risk analysis is used. Addressing, monitoring and re-evaluating these risks become a top priority.

Business experiments

A great way of risk management training is the introduction of business experiments in the company culture. This refers to the “what-if” scenario, which is often included to gauge potential risks in various departments. It can also be a great way to compare and explore alternative plans in these changing times.

MVP development

Minimum Viable Product (MVP) refers to the development of a strategy using core features and modules that can cater to the maximum number of customers without any hassle. Developing an MVP is a smarter move than a complex strategy that has many features, as it often becomes a financial burden and moves beyond the scope of feasibility.

Building in buffers

Buffer plays a crucial role when it comes to risk management as it gives organisations the freedom to tackle unforeseen situations. A buffer can consist of human resources, financial resources or additional time, which can be employed according to the demands of any given project.

Clear about roles 

Discrepancies often occur and lead to risk when there is a gap in communication about the designated roles and responsibilities in an organisation. It must be a top priority to ensure everyone knows their tasks in an organisation to increase efficiency and reduce risks. 

Risk reward analysis

Before investing time, money or resources in any project, companies often calculate the risk versus reward to understand the drawbacks and benefits of a particular initiative. This not only helps to better prepare for minimising risk but also aids in understanding what tasks lie ahead.

Implementing best practices

Best practices should always be highlighted and implemented properly, as these are tried and tested methods that can help companies reduce risks. Though it may vary from industry to industry, best practices provide a risk cushion for companies, and they do not have to start from scratch.

Lessons from the past

Every project or initiative teaches an organisation something. These lessons become invaluable tools for future projects or undertakings, which can help reduce risk appropriately. Documenting, discussing and developing strategies based on these findings can be helpful.

Identify risks early

The best way to isolate and identify risk at a nascent stage is by asking the right questions before the start of any project. Organisations should also monitor early warning indicators (EWIs) and develop action plans in response.

Theory validation

Companies should use questionnaires and surveys to get feedback from users on their risk management strategies. This could be helpful to understand the design flaws and potential challenges and manage the risks in a better manner.

Monitoring and reviewing

Companies must continuously monitor the type of risk as changing scenarios bring new challenges every day. This allows them to stay updated and act proactively when the situation calls for it.

Take responsibility

Employees of an organisation must have the training and freedom to flag or sort out a problem on their own if they find any discrepancies like fraud, safety issues or security breaches.

Tailored insurance 

Organisations should understand the types of potential risks they can face and try to get tailored insurance. Having cookie-cutter insurance may not cover all the risks.

Conclusion 

Effective risk management training is necessary for every company, as it is one of the most important pillars of risk management. It helps organisations reach their true potential and explore new opportunities. If you are thinking of enrolling in a risk management course, check out the IIM Lucknow Finance Course offered by Imarticus.

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