7 Data analytics tools that will make your life easier

7 Data analytics tools that will make your life easier

The world economy and its database are growing exponentially and at times it becomes very difficult to keep a record of all the data. To analyse all the data is even way more difficult. This is where the use of Data analytics tools comes in. Data Analytics Tools are those software and programs that help the firms in the proper and systematic collection of data. It then arranges the data and the firm uses the data according to the requirement. With proper data management, the firm can also make decisions more effectively. This will in turn lead to an increase in profit margin. 

Why is it essential to learn Data Analytics Tools?

data science course

There are many reasons to be enrolled in a data analyst certification course.  Among many, a few of those are stated below –

  • It helps to arrange the data in a more organised manner. 
  • It helps the firm to operate more effectively.
  • The tools help in analysing the market in a better fashion. 

 

Different kinds of Data Analytics Tools

There are various kinds of Data analytics tools but the frequently used ones are stated below – 

Excel

Excel is the most used data analytics tool in any organisation. It arranges the data in a tabular format which helps the comparative analysis easier. Line graphs, histograms, pie charts, and other various graphs can also be used for diagrammatic representation. It is the easiest data analytics tool out of all and is used by almost everyone. 

R

R is a data analytics tool that is widely used by Statisticians. To use R, one has to have an ample amount of knowledge about coding. R has various built-in packages which help in performing statistical analysis. In R, the graphical libraries that are available are Ggplot2, ggvis, plotly, and a few more. It helps in creating a better data visualisation. R is an open-source programming language hence it does not provide any customer service. Although it has online community support where your problems can be addressed. Ford, Facebook, and Paytm are some of the companies that use R programming.

Statistical Analysis System (SAS)

SAS is commercial software that is used to analyse and report data. The use of SAS is easy and thus can be used by beginners.SAS is one of the oldest data analytics tools. Data visualisation and advanced analytics cannot be done in SAS. SAS is very flexible and it also supports data encryption algorithms. SAS provides all-time customer service because it is a costly software. Besides, it also provides online community support to solve the problems. SAS is used in predictive analytics, advanced analytics, and data management. Netflix, Prime Video, Dell, HP, YouTube, Twitter, and Cognizant are some companies that use SAS programming.

Python

Python is a high-level programming language. It is used in web development, big data analytics, data science, game development, and many more. Some of the Panda libraries are Pandas, Scikit-learn, PyBrain, Keras, MILK, NuPIC, Ramp, Theano, and many more. Python is an open-source programming language and hence it provides no customer service. Although, it provides online community support to solve the problems raised. Flipkart, Amazon, Google, YouTube, Twitter, and Facebook are some of the companies that use python programming. 

Conclusion

It is thus very obvious that being an expert in working with data analytics tools is very necessary in today’s world. The data analytics and machine learning course from Imarticus can be helpful for you to achieve your desired goal and learn data analytics.

The course highlights are an assured placement program, leading-edge curriculum, industry-specific case studies, and guaranteed interview opportunities. This course will guide you on how to become a data analyst and will fully prepare you for the corporate world out there.

Understanding the end of free money and stock market freakout in 2022

Understanding the end of free money and stock market freakout in 2022

The end of free money has been a long time coming. You may have observed some volatility in the stock market recently.

It took some time to set in after last month, but markets went into a frenzy from Friday through Monday when they understood how serious the Fed is about battling inflation.

As a result, stocks had their worst start since 1939, with the S&P 500 falling over 16%. In a nutshell, the “free money” era of central banking ended. Since the outbreak, the Fed has backed markets through ultra-accommodative monetary policy, including near-zero interest rates and quantitative easing (QE). 

Stocks thrived as a result of these loose monetary policies. As long as the central bank continued infusing cash into the economy as an emergency lending tool, a safety net was put in place for investors seeking various types of risk assets.

The end of free money

The end of free money is coming, but it won’t be a good day for stock markets and the economy in general. The end of free money will impact everything from real estate to college loans to credit scores—and it may even affect how much you pay for your food at restaurants or buy clothes at retailers. 

It means that trillions more dollars are floating around than usual right now; if everyone wanted them all at once, then prices would rise dramatically as supply meets demand—but because people are saving less and investing less than they used to due to increasing rents/mortgages/student loans, etc., there aren’t enough people who want those extra dollars floating around to cause prices to go up too much!

The stock market crash in 2022 is a real possibility. That’s because the Federal Reserve, which sets interest rates for banks and businesses, will raise them to reduce inflation. 

A new normal for Stock

The new normal in the stock market is not a crash but a slow recovery. The bull run we’ve all come to know and love is over, and instead of getting ready for an imminent boom or bust scenario (which would be bad), we’re stuck with low growth rates for years to come.

It can be frustrating for investors who want actionable advice on how to get ahead in their portfolios—but don’t worry: there are ways around this situation! 

While all this is happening, we’re not sure what will happen to companies. The stock market has been one of the best investments for many years, but a lot can change in upcoming years. 

Learn investment banking courses with Imarticus Learning

best investment banking courses with placement in India

A student may launch their career in banking and finance with the Certified Investment Banking Operations Professional program. This investment banking course with placement will provide students with the knowledge and abilities needed to excel in banking operations, treasury, and clearing services at all stages of production. 

Course Benefits for Learners:

  • Students will learn about investment banking procedures, including handling complex securities and derivative products and their trade-life cycles.
  • Students may be able to acquire the help they require to begin their careers in investment banking.
  • After finishing the money market course and derivative markets online training, students will get an industry-recognized certificate.

Contact us through chat support, or drive to one of our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Delhi, Gurgaon, or Ahmedabad.

Imarticus Learning: Leading the way with the best certification courses

Imarticus Learning: Leading the way with the best certification courses

When it comes to certification courses, Imarticus Learning is leading the way. You cannot stress the importance of certification courses enough. The certification courses can enhance the knowledge and skills in a particular field of business or industry. The certification courses will help you in your professional career and also help you improve your skills and knowledge, which is necessary for gaining promotions.

You can use the certification courses for various purposes like enhancing your knowledge, improving your skills, increasing your employability, etc. This blog will discuss why Imarticus Learning leads the way with the best certification courses.

How is Imarticus Learning envisioning future careers?

Imarticus believes that education is a lifelong process. Its mission is to prepare the worldwide learning community for a futuristic, tech-driven society by organizing information with modern technology and making learning accessible. 

They seek to provide practical knowledge and skills through online courses. They provide online degrees, real-time collaboration platforms, and other technologies. They offer professional development programs for educators and corporate employees seeking career advancement or new skills in digital education. Imarticus mission includes developing tomorrow’s leaders by delivering purposeful learning experiences. 

Here we discuss a few of the best Imarticus Certification:

The Marketing Certification Programs provide a comprehensive and in-depth understanding of Digital Marketing ideas in a more practical setting. This Certification Program takes a collaborative approach that emphasizes several capstone projects, career readiness skills, and guaranteed placements.

The Analytics Certification courses partner with the Data Science & Analytics industry to help you obtain the specific skills most of the world’s leading employers of Data Scientists seek. 

Finance Certification courses will educate students on the subtleties of financial structures. They will prepare you for profitable professions in investment banking and financial planning services.

Recent awards and recognitions!

Imarticus Learning was named the Best Education Brand in Analytics 2022 event in Delhi. The Economic Times – Best Education Brands 2022, now in its fifth year, drew notable luminaries from education and leadership.

Imarticus Learning has also emerged as the preferred source for training, and skill development partners for over 150 organizations, including prominent Global & Domestic Banks, Consulting, KPOs, and Technology & Analytics firms, during the previous years. Imarticus learning has received several honors, including Top Analytics Provider and India’s Leading Institute.

How is it benefiting students?

Mr. Nikhil Barshikar’s (M.D – Imarticus Learning) goal of supplying skilled technical individuals of worldwide caliber who would operate as global leaders in the Banking, Analytics, and technology arena gave birth to Imarticus Learning.

Imarticus has been around for ten years and is still going strong. Intending to make a positive difference in the lives of aspirants, they have successfully trained and placed hundreds of students in their intended professional fields. Imarticus Learning is a cloud-based platform that offers various courses and certifications. 

They are proud to have helped thousands of students across the globe achieve their goals by providing the best learning solutions. The students get access to valuable education and training from an array of industry leaders, which helps them gain practical knowledge and career-related skills.

For more detailed information on a particular certification course, contact us through chat support, or visit our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Delhi, Gurgaon, or Ahmedabad.

How to build a winning financial services career with IIM Lucknow certificate courses

How to build a winning financial services career with IIM Lucknow certificate courses

According to various employment surveys, job websites, and job review portals, financial services are known to be among the top employment sectors in terms of recruiting. So, if you are planning a career in financial services, it is safe to say that you have made a good call.

Now, there are different ways of entering this field, and completing a professional course from one of India’s eminent institutes will surely add further advantage. In this regard, the importance of a certificate course from IIM Lucknow needs special mention.

However, before going ahead, let’s understand this segment in-depth.

What Are Financial Services?

If you want a simple definition, then financial services are the services that are provided by the financial sector. Now, this is a confusing definition. It encompasses a wide range of services. To give you an idea of what these services comprise, here is a list of services that are provided by the financial sector –

  • Banking
  • Professional Advisory
  • Wealth Management
  • Stock Market
  • Treasury and Debt Instruments
  • Tax and Audit Consulting
  • Mutual Funds
  • Insurance
  • Capital Restructuring
  • Portfolio Management

There are many more types of financial services which range across various financial sectors. But we kept the list simple to focus on the greater message. Come, let’s tell you all about how to make a successful career in financial services.

The Significance of Completing a Financial Services Course from IIM Lucknow

IIM Lucknow was the 4th IIM to be set up. It was established in the year of 1984 and went on to become one of the leading business schools in the country. The management institute offers postgraduate diplomas, fellowships, and executive management programs. Additionally, it offers the best management education and entrepreneurship training in the country. Its incubator program is one of the best in India.

 

mBA online courses

Now, IIM Lucknow, in partnership with Imarticus Learning, has jointly developed a course on financial services. The Advanced Management Program in Financial Services and Capital Markets gives you access to the best of what the IIM has to offer.

The curriculum and the faculty involved here will help you get a detailed understanding of the subject.

Moving ahead, completing a course like this comes with its own set of advantages. Here are some highlights –

  • Whether it is a certificate course or a degree course, an IIM certification holds a lot of weightage. The reason being IIMs are considered some of the top-tier educational institutions in this country.
  • The syllabus of the course is more job-oriented, aiming to prepare you for the professional world.
  • Additionally, the program has several capstone projects and simulations that will give you a lot of practical experience and give you a head start in your career.
  • You will also get the tag of executive alumni of the IIM Lucknow, which is, anyway, a prestigious thing.
  • Also, you will get to study on-campus at the IIM Lucknow.

With this PGDM in financial management, you will understand investment banking, capital markets, and risk and fintech domains comprehensively. 

How to build a successful career in financial services?

With the certification part covered, your aim is now to focus on achieving the growth in the file and attain the success you have craved for. Here are some tips –

  • Keep updating your skills

The best way to be relevant in any area of work is by staying up-to-date with all the innovations. The same can be said about financial services. To have a successful career in financial services, you need to keep updating your skills as per the industry.

  • Develop strong communication skills

All the success doesn’t depend on your professional behavior and listening skills. You need to deliver your idea and your standpoint also. You need to keep in mind that if your communication skills are not up to the mark, then you could mess up a good deal. 

  • Build a strong network

The last point in this blog is the subtlest, yet it is the strongest. Connect with the right people. Build empathetic clients, and we assure you that your financial services career will go long, and you will be a star in your domain.

Conclusion

To sum up, building a career in financial services is not an easy feat. There are ample opportunities, but to grab them, you need specialized knowledge and skill set. In this regard, completing the course of financial service from IIM Lucknow can be a winning strategy. 

I researched the best investment banking programs and here’s what I found

I researched the best investment banking programs and here’s what I found

What is Investment Banking?

This branch of banking primarily works with raising investment funds for businesses, governments, and so on. Their fundamental strategy is to manage various financial issues for larger groupings. So, Suppose you want to learn more about Investment Banking. In that case, Imerticus  Investment Banking Courses Online is there to help you with a proper Investment Banking Certification and Proper Financial market training.

Perks of Investment banking as a start of your career

From the outset of your career in investment banking, you may become an expert at constructing large, complex financial models. While bankers aren’t usually great investors, they spend a lot of time on valuation work, which might be a great place to start.

From the outset of your career in investment banking, you may become an expert at constructing large, complex financial models. While bankers aren’t usually great investors, they spend a lot of time on valuation work, which might be a great place to start.

  1. Investment bankers are highly trained professionals who work in big Investment Banks like Morgan Stanley, Goldman Sachs, J.P. Morgan, etc.
  2. These Bankers need to do different types of work, i.e., work as mediators between big Businesses, Providing Loans to Companies, Issuing Stocks and Bonds, Resources Allocation, Investment Management, etc.

How to choose the best Investment Banking Course Online

There are many abilities required for the Investment Banking program, but some soft skills you should cultivate if you want to flourish in your Investment Banking job. And this is because, when you look at the principles of this profession when you serve customers, the investment banking trade boils down to relationship business.

As an investment banker, you must comprehend basic financial principles and how the financial market operates. If you have a fundamental study in commerce or finance, if you are a student or immediate graduate in Commerce, this should not be a problem for you. Still, Suppose you are someone from a finance background or fiance theoretical knowledge. In that case, you can start reading different newspapers like Economic Times, Financial Times, Bloomberg, etc., just for developing some surface level knowledge in this background and of course, always you have an option for Imerticus Investment Banking Course Online this is one of the best resource course online for Invest Banking, in the Imerticus webpage you can have all the necessary information related to this course. There are excellent reviews of all the students who have taken this course before on the webpage.

The perfect Investment Banking Online Course for You

If you are into Finance and want to know more about the field or are a student of Commerce or an immediate Commerce graduate, then the Imerticus Investment Banking Online Course will be the ‘One’ for you. Because

  1. This course typically covers the majority of the fundamentals that a person needs to know about finance, particularly in Investment Banking.
  2. This is an excellent Investment Banking course since it teaches individuals both information and personality about how to conduct themselves in the profession.
  3. This course is built on real-world use cases and challenging business scenarios to help you transfer from academia to the workplace.
  4. The In-Class Simulation goes beyond typical rote learning by using simulations that match industry difficulties. Understand how multi-million dollar transactions pass through banks and influence various processes using various trading models.
  5. Several Assignments, examinations, and quizzes help students absorb essential topics, while teach-back sessions verify knowledge accuracy.
  6. Deliver presentations on real-world events and get an understanding of how market dynamics affect financial markets. Attend guest lectures from industry leaders to supplement your theoretical knowledge.

Career Support 

There are plenty of Career Service Opportunities waiting for you after completing.

  1. With the placement assurance program, you will have access to the placement portal, all available leads and references from networks, and up to five guaranteed interviews with major banking and financial industry organizations.
  2. The CAS team will assist you in how to improve your portfolio with courses or other projects to wow recruiters and obtain your ideal job.
  3. The skilled staff will work with you to not only polish but also update your current CVs to emphasize your achievements and assist you in finding opportunities in top-tier organizations.
  4. Finally, you will learn how to prepare for both the HR and technical selection rounds of interview situations. You will be exposed to one-on-one mock interviews and panel interviews guided by industry professionals, in addition to basic to advanced model interview question and answer sessions.

If you are interested in learning Investment Banking, Imarticus Learning is your solution. If you want to know more about us, Contact us through chat support, or drive to the training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Delhi, Gurgaon, or Ahmedabad.

Top 7 questions to ask before you hire a digital marketing consultant

Top 7 questions to ask before you hire a digital marketing consultant

Digital marketing is a complex field with many variables, so hiring the right consultant is essential. Ensure you ask these seven questions before hiring a digital marketing consultant:

What types of services do you provide?

Make sure the company you’re considering provides services that will help you achieve your goals.

  • What services are included in the package?
  • Is there anything not included in your package, and if so, why?
  • Are there any additional fees?
  • Can they talk about their experience working with other clients to see how they can help make things better than before?

What tools do you use in your business?

When you hire a digital marketing consultant, you must know what tools they use in their business. The right agency will also require the appropriate tools based on its specialty.

Do you have any previous experience working with companies like ours?

Before hiring a digital marketing consultant, it’s crucial to ensure they have experience working with companies like yours.

You should ask them whether or not they have worked with other brands in the same industry, size, or geographic location as yours. If so, this is a good indication that they can also help you achieve success!

Are You Official Partners with Top Search Engines?

If your digital marketing consultant is not an official partner with Google, Bing, and Facebook, you must think twice about working with them. Many brands have a bad reputation for hiring non-partners who charge excessive service fees. This can lead to lost revenue and future business opportunities for both parties.

What Are Your Company’s Most Significant Achievements?

This question seeks to ascertain how an agency provides value and whether these accomplishments can get replicated in your situation. Look for successful blog posts and case studies of previous clients, preferably from companies similar to yours. Look for phrases like revenue generated, increased sales, cost savings, and marketing costs saved from previous clients. 

Will you have Access to All Team Members Who Work on your Project?

When hiring a digital marketing consultant, you must ensure access to all the team members working on your project. This is also known as “collaboration.”

Any conflicts or miscommunications in the planning process could lead to delays or even cancellation of work altogether. It’s also essential that everyone is on the same page when it comes time for execution: no one should feel like their opinion isn’t valued!

What will be the Metrics to Measure the Success of the Suggested Marketing Campaigns?

When choosing a digital marketing consultant, it’s essential to ask them how they will measure the success of the suggested campaigns. You can do this by looking at some of the specific metrics such as:

  • A number of leads were generated by the campaign.
  • Conversion rate
  • The average ticket size for orders placed through your website or email list

Learn Digital Marketing Course  with Imarticus Learning

corporate training

Our digital marketing course is with placement assurance, and the curriculum is more collaborative, emphasizing capstone projects, job-ready skills, and guaranteed job opportunities.

Course Benefits for Learners:

  • Students will learn through digital marketing online training used by large corporations to maintain their competitive advantage by evaluating the experiences of genuine clients through case studies.
  • Students can now benefit from the most crucial search engine optimization course, which thoroughly understands digital marketing concepts.
  • Learners can now participate in a guided online project to master SEO principles.

Contact us through the chat support system, or drive to our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Delhi, Gurgaon, or Ahmedabad.

Master The Art Of Credit Analyst Course With These 5 Tips

Master The Art Of Credit Analyst Course With These 5 Tips

The world has undergone drastic changes in recent years, and the pace of change shows no signs of slowing down. Along with many other industries, the employment market is going through a paradigm transition as new technologies render obsolete formerly in-demand talents.

An overview of the Credit Analyst Course

The initial step in becoming a credit analyst is taking a course that covers the basics of the position. A credit analyst course should cover financial statements, accounting, and credit reports. Bringing a credit analyst course is a great way to learn the basics of the job. However, it is also essential to have some real-world experience. Many credit analyst courses include an internship component. It allows students to get hands-on experience working in the field.

It is also essential to stay up-to-date on industry news and trends. Credit analysts need to be able to understand and interpret financial data. They also need to be able to explain their findings to clients or managers. Reading industry publications or taking additional courses can help credit analysts stay current in their field.

Tip One: Get Educated

There are many different types of credit analyst courses available, and you must choose one that is right for you. Colleges and universities offer online classes and courses. You must find a course that fits your schedule and learning style.

Tip Two: Practise Your Skills

Another tip for mastering the art of credit analyst course is to practice what you have learned. After you have completed a course, take some time to practice your skills. You can work with friends or family members who have good credit. This will help you learn how to analyze credit reports and decide whether someone is a good candidate for a loan.

Tip Three: Build Your Network

One of the best ways to become a credit analyst is to build your professional network. Connect with other analysts and professionals in the field to learn about new opportunities and stay up-to-date on industry news. Attend industry events and seminars to meet new people and make valuable contacts. The more people you know, the better your chances of landing a great job as a credit analyst.

Tip Four: Be Professional

It is essential to be professional when you are working as a credit analyst. This means being able to communicate effectively with clients and co-workers and able to maintain a high level of accuracy in your work. It is also essential to work well under pressure, as credit analysts often have to meet deadlines.

Explore a career in credit analysis with Imarticus Learning

Students learn about the lending environment, credit underwriting, and regulatory requirements with this credit risk certification in India

Course Benefits For Learners

  • The practical career-focused program complies with internationally accepted standards and incorporates the most recent global trends and best practices.

  • The curriculum for credit management courses online consists of 145 hours of live lectures, five case studies, and social learning.
  • Credit analyst online training is practice-based, tied to globally recognized standards, and industry-focused. It is unique because it includes the most modern educational advancements worldwide!

Contact us through the chat system, or drive to our training centers in Mumbai, Pune, Thane, Chennai, Bengaluru, Delhi, Gurgaon, or Ahmedabad.

12 Powerful Habits To Master For Success in Corporate Training Programs

12 Powerful Habits To Master For Success in Corporate Training Programs

Did you know that habits can significantly affect the outcome of corporate learning programs? Excellent news for heads of human resources who drive the learning and development initiatives.

All they need to do is share a dozen of them with their employees to master and witness their success in corporate training programs for employees.

1. Be committed to learning

Given the stress and deadlines at work, committed employees can perceive training as some timeout from the daily rigours. However, training is an opportunity, an experience that will enhance productivity, improve performance and reduce stress. Be committed to it.

2. Have a disciplined approach

Most employees develop the habit of self-discipline as a part of workplace discipline in organisations. Rising early by avoiding late nights can help you gather fresh air, respond to priority emails/phone calls, catch up with colleagues over breakfast, and be punctual for the training sessions. Discipline has many advantages!

3. Be goal-oriented

The habit of being purposeful about the end goal of the training program is vital. The organisation and trainers put in a lot of thought, effort, and time to simplify the training objectives and make them achievable. However, they are certainly gaps that the training is attempting to bridge. Being goal-oriented helps achieve the intended outcome meaningfully.

4. Be Proactive

Being intentional and proactive without going overboard is a habit that draws you into action and simultaneously makes the trainers feel wanted and valued. The synergy of such give and take makes the training sessions lively for all, making them much more effective.

5. Focus on the program

The presence of the mind is a habit that enables people to focus on the present and not get distracted. Losing focus may lead to missing out on vital learning from various topics and associated individual and group activities that can be progressively interrelated.

6. Listen intently

Don’t disrupt an exciting conversation simply because of an impatient urge to draw attention. Instead, always listen intently to everyone with an open mind and then thoughtfully express yourself politely and constructively.

7. Take notes

Training sessions often provide a deck of material in the form of presentations, printed booklets and notes. While they are helpful, the habit of taking down personal notes helps deeper comprehension. Take notes to read, re-write, ask, share and refer to later.

8. Be creative and experiential

Training programs usually have a structure. However, the habit of being creative and experimenting can add an unexpected and valuable flavour. For example, if the session is about enhancing the skill of critical thinking, mention how you sharpened this skill in your childhood by breaking and reassembling toys!

9. Be unafraid

Be unafraid and courageous to genuinely question concepts you find difficult to digest or express a divergent point of view. At worst, you may be wrong and be corrected, which is good.

Welcome it!

  1. Actively network

The diversity of participants in training sessions is a unique opportunity to network and connect actively. Growing your network is beneficial in the long run.

11. Give and share

The habit of giving and sharing is a beautiful way to build relationships with people to who you can reach out in times of need. They will often remember and be happy to give back more than they got from you.

12. Follow-up

The follow-up habit helps keep the communication window open with the trainers and other participants. You can follow up to express gratitude, share examples of how the training benefitted you or the organisation, provide a testimonial or seek guidance.

Conclusion

Irrespective of the quality and conduct of the corporate training programs for employees, extracting maximum value from it depends on the participants. Therefore, the 12 habits articulated above are potent means to master and enrich the outcome of the corporate training programs for employees.

I messed up while choosing a ratio for my analysis and how you can avoid it

I messed up while choosing a ratio for my analysis and how you can avoid it

If you are new to finance and looking for ways to learn more about it, then ratio analysis will be your best friend. Ratios help us understand how well a business has done over time and its future potential. This post will explain the different problems with ratio analysis and provide tips on how to proceed.

The problem with ratios Analysis

A ratio is a statistical calculation that expresses the relationship between two variables. For example, if you have a certain amount of money in your bank account and spend $10 on groceries, your spending has increased from 15% to 30%. This means that your total expenditure was 20% more than what it had been before.

Ratios can compare different companies or times. They can also get used when comparing companies/times against each other, so we know how they “rank” against each other.

Ratio Analysis Only Provides Numbers, Not Causation Factors. You can compute all the ratios you discover. You’re playing a pointless game until you try to figure out what the numbers mean. Ratios are worthless unless they get compared to trends or industry statistics.

How to proceed with ratio analysis?

The next step is to select the ratios for your business.

  • Relevant ratios: This means that you should use ratios that are relevant to your business, industry, country, and sector. For example, suppose you are in the food industry and want to compare two different types of chicken wings (breast vs. drumstick). In that case, it makes sense that breast meat would be a better choice than drumstick because breast meat has more fat content, which will lead to a tastier product overall.

  • Non-Relevant Ratios: If there is no relationship between two numbers (such as cost per unit produced), then they don’t belong together on any form or chart, so don’t include them!

Importance of industry and company-specific ratios

While industry and company-specific ratios help you understand a company, they can be misleading if you don’t take the right approach.

If you are comparing two companies within the same industry, then both should have similar numbers on their ratio charts. If one has a higher number than another, it could be more profitable or less risky for investors to invest in that company. 

Ratios are an essential finance tool 

If you’re looking for a way to compare companies within the same industry, use a ratio such as return on equity (ROE). This is helpful because it shows how much profit each company generates per dollar shareholders invest.

If you’re comparing companies across industries, consider using debt/equity ratios or earnings before interest and taxes (EBIT). These two ratios show how much money each company makes after paying its debts and expenses like rent, salaries, and advertising costs—and can give you an idea of whether or not these firms are profitable enough to invest in further growth. 

Learn Financial Analysis with Imarticus Learning

The best financial analyst certification includes everything from valuation processes to modeling methodologies, allowing students to build experience while learning essential skills like teamwork.

Course Benefits For Learners:

  • Students who pursue financial analysis online training gain practical skills and information, eventually becoming financial analysts.
  • Students will gain vital skills that will help them land employment in the financial business.
  • Students may impress potential employers and display their abilities by enrolling in financial analyst online training certified by India’s leading educational institutions.

Contact us through chat support, or drive to our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Delhi, Gurgaon, or Ahmedabad.

5 steps to manage the finances of a company using technology

5 steps to manage the finances of a company using technology

Managing the finances of a company is not an easy task. Many tools and apps can help you manage your finances, but you must be sure they fit your needs before making a purchase. 

Here are five steps to manage the finances of a company using technology:

Consider Online Banking

Online banking is a convenient method to manage your finances. It’s safe and secure, so you don’t have to worry about viruses or malware on the website. You can also use online banking from any computer, tablet, or smartphone. It saves time because no paper statements or envelopes are needed; all transactions are made electronically through the bank’s website with just one click! 

Set Calendar Reminders

You can use calendar reminders to remind you of important dates and events, like payment due dates or bills that need paying. You may want to set up a reminder for upcoming appointments so that you don’t forget about them when they come up in your calendar.

Use Social Media to Stay Informed

Social media is the best way to stay informed about what’s going on in your industry and with your customers, suppliers, and employees. It is also an excellent method to stay connected with other entrepreneurs who are facing similar challenges as you are. 

Download Budgeting and Investment Apps

Using a budgeting app is the most effective way to manage your finances. These apps allow you to track your expenses, including cash flow and payments made on time or late. They also give you a breakdown of where the money goes each month, so it’s easy for others in the company (like an accountant) to review.

Listen to Informative Podcasts

Podcasts are the best way to learn about new topics. They’re easy to listen to and can be downloaded in multiple formats. Listen to these informative podcasts if you want some inspiration for your organization’s finances. It also gives helpful tips to help employees stay productive while making enough money at home or on the road.

It is no wonder many companies are turning to technology to manage their finances. With the right tools, you can be sure that all your financial information is secure and easily accessible from anywhere. 

Discover Financial Technology Course in India with Imarticus Learning

By offering practical instruction from industry experts, real-world case studies, projects using Blockchain and Cloud Computing, and important contacts with FinTech industry leaders and entrepreneurs, the fintech certification program strengthens students’ knowledge of FinTech.

Course Benefits for Learners:

  • The future of fintech is promising, and students may stay up to date by attending networking events, job advertisements, or webinars.
  • Learners will discover how to use fintech online training concepts in their daily operations.
  • These are the best fintech courses in India that provide students with the skills they need to secure their ideal jobs after graduation!

Contact us through chat support, or drive to one of our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Delhi, Gurgaon, or Ahmedabad.