#KnowledgeBytes: Change Management Landscape

In this Video Manoj Bathia – Head of SAP Education talks about the Power of Change management as a structured approach for ensuring that changes are thoroughly and smoothly implemented, and that the lasting benefits of change are achieved. Manoj also gives some guidance for the Change management enthusiast or entrepreneur and throws light on the way Change management is unfolding itself in coming times.

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#KnowledgeBytes: Disruption in Traditional Financial Service

In this Imarticus Learning video, Rishi Prakash – Executive Director, Nomura says that it is just the beginning phase for Fintech in India and the Fintech companies are causing disruption to the global economy. He explains the major concepts of fintech with examples – payments, lending, platform providers, enablers such as credit scoring (risk profiling), wealth management, insurance tech, etc. FinTech is focusing on nine technology enabled trends that support innovation which are Advanced Analytics, AI, RPA, Internet of Things, Smart Contract, Blockchain, Digital Transformation, Cloudy Technology, Process & Service Externalization.

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Why Imarticus?

Imarticus Learning offers a comprehensive range of professional Financial Services and Analytics programs that are designed to cater to an aspiring group of professionals who want a tailored program on making them career ready. Our programs are driven by a constant need to be job relevant and stimulating, taking into consideration the dynamic nature of the Financial Services and Analytics market, and are taught by world-class professionals with specific domain expertise.

Headquartered in Mumbai, Imarticus has classroom and online delivery capabilities across India with dedicated centres located at Mumbai, Bangalore, Chennai, Pune, Hyderabad, Coimbatore and Delhi. For more information, please write back to us at info@imarticus.org Call us at IN: 1-800-267-7679 (toll free) – – – – – – – – – – – – – – – – –

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#KnowledgeBytes: FinTech – What is the future of Fintech?

In this Imarticus Learning video, Ram Gopal – CEO of Barclays, talk about the key milestones for Fintech in the next 12-24 months. He tells us that in the next 12-24 months, sense of balance would be restored and this will balance the importance of customers and profitability for a company. There would be increased collaboration between incumbents and insurgents looking for capital, advice and insights.

He also mentions that in the coming months, growth will shift towards B2C business. Check our complete #ImarticusPrograms playlist here: https://bit.ly/2JP52hM Subscribe to our channel to get video updates. Hit the subscribe button above. – – – – – – – – – – – – – – – – –

Why Imarticus? 

Imarticus Learning offers a comprehensive range of professional Financial Services and Analytics programs that are designed to cater to an aspiring group of professionals who want a tailored program on making them career ready. Our programs are driven by a constant need to be job relevant and stimulating, taking into consideration the dynamic nature of the Financial Services and Analytics market, and are taught by world-class professionals with specific domain expertise.

Headquartered in Mumbai, Imarticus has classroom and online delivery capabilities across India with dedicated centres located at Mumbai, Bangalore, Chennai, Pune, Hyderabad, Coimbatore and Delhi.

For more information, please write back to us at info@imarticus.org

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#KnowledgeBytes: Investment Banking and Valuation Techniques

Imarticus Learning is India’s leading professional education institute, offering certified industry-endorsed training in Financial Services, Investment Banking, Business Analysis, IT, Business Analytics & Wealth Management.

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#KnowledgeBytes: “How does Google Maps know which route is the fastest?”

This webinar brings alive the usage of Machine Learning through a live discussion on its usage in Google maps. It helps a regular user to understand how Google Maps uses Machine Learning to find you the fastest route to your desired destination. It also helps us understand how Google Maps tell us the accurate real-time traffic data and how navigation works. It also elaborates about how the congestion is identified and how Google Maps find a faster route. It also explains to us the two types of algorithms that Google maps use – Dijkstra’s Algorithm and A* Algorithm. It also gives a historical perspective on how the Google founders conceived the idea of Google maps to make the world’s information universally accessible and useful.

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Why Imarticus?

Imarticus Learning offers a comprehensive range of professional Financial Services and Analytics programs that are designed to cater to an aspiring group of professionals who want a tailored program on making them career ready. Our programs are driven by a constant need to be job relevant and stimulating, taking into consideration the dynamic nature of the Financial Services and Analytics market, and are taught by world-class professionals with specific domain expertise.

Headquartered in Mumbai, Imarticus has classroom and online delivery capabilities across India with dedicated centres located at Mumbai, Bangalore, Chennai, Pune, Hyderabad, Coimbatore and Delhi. For more information, please write back to us at info@imarticus.org

Call us at IN: 1-800-267-7679 (toll free)

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Does Data Science Require Coding?

Data science has been gaining significant traction over the past few years. Myriads of people working in several areas including, business and IT look to shift to this emerging career option. Moreover, individuals with immense expertise (over 10 years) want to switch to data science.

Going for a data science course begins with numerous queries such as “Does data science require coding?”, or “What are the requisites to learn data science?” It is not necessary to be an expert coder to become a data scientist. Insufficient coding skills should not preclude people from pursuing a data science career. There has been a notion recently that people need excellent coder to become a data scientist.

Undoubtedly, coding is essential in data science but that does not imply that you need to be a hardcore coder to go for a career in the field. Industry executives reckon that anyone who knows the fundamentals of coding – functions, loops, and programming logic – can flourish as a data scientist. Having coding skills already is a plus point in a data scientist job but not compulsory. Then, what about those who have never learned to code earlier? Is there any other way they can become data scientists?

Tips for Non-Coders Learning Data Science

Become an Excellent Storyteller

If you think that vital business decisions rely on data and other quantitative parameters, you are wrong. Even after a machine learning (ML) model is developed and assessment is done by people expert in coding, somebody has to present the outcomes to the shareholders who are well oblivious to programming languages or statistical models. This accents for the need of a story woven around the insights to convince shareholders quickly. You can become that individual with exceptional storytelling abilities in spite of having mediocre programming skills.

Get a Grip on GUI-based Tools

If you are not much of a coding person, then the first thing you can do is to learn the application of GUI-based tools. There are many graphical user interfaces (GUI) supported data science tools that exclude the coding aspect and offer a user-centric interface that aids everyone with the fundamentals of algorithms.

The tools are quite easy to use to develop top-notch ML models sans coding. The majority of these GUI-based tools can be accessed for free and allow you to assess and elucidate data via charts, graphs, and other special graphics.  You do not have to display exceptional coding skills to efficiently leverage these tools but instead having a knack of visualization does help.

Enhance your Credibility with Business Intelligence

If you an expert in insurance or have comprehensive experience working in the retail sector, it is good news for you. You certainly are aware of the nitty-gritty and intricacies of businesses compared to expert coders. If you are highly skilled in areas such as healthcare, and e-commerce, you will be an asset to any company. No certification of expert coding skills can beat business intelligence in a particular area for a long period. Capitalize on your domain expertise and abilities and become the data science wizard.

Final Words

At present, the success mantra to grab a data scientist job in any company is, “The More You Know, The Better It Is.” Although companies prefer professionals with specialized coding knowledge, they are increasingly channelizing their attention towards candidates exhibiting a diverse skill set.

To wrap up, you need not be a die-hard coder or programmer to become a great data scientist.

#KnowledgeBytes: Artificial Intelligence – Supervised & Unsupervised Learning

In this video, Shreya Modak, a DSP Student of Imarticus Learning, explains the two aspects of Artificial Intelligence – Supervised and Unsupervised learning, with examples. She explains that supervised learning is the most common data type of Machine Learning that is further divided into regression or classification. Regression defines the relationship variables, in which one is an input variable and one is a response variable.

Regression has two or more variables – dependent and independent. In classification, we have a dependent variable and the outcome will be either a yes or no. Shreya also elaborates that in unsupervised learning, there is no target variable. There are input variable and training data set.

It is used for finding patterns and structures in the data. She describes unsupervised learning with a detailed example of K-means clustering, which is the most widely used algorithm and one of its key platforms is Facebook. Check our complete #ImarticusPrograms playlist here: https://bit.ly/2JP52hM Subscribe to our channel to get video updates. Hit the subscribe button above. – – – – – – – – – – – – – – – – –

Why Imarticus?

Imarticus Learning offers a comprehensive range of professional Financial Services and Analytics programs that are designed to cater to an aspiring group of professionals who want a tailored program on making them career ready. Our programs are driven by a constant need to be job relevant and stimulating, taking into consideration the dynamic nature of the Financial Services and Analytics market, and are taught by world-class professionals with specific domain expertise.

Headquartered in Mumbai, Imarticus has classroom and online delivery capabilities across India with dedicated centres located at Mumbai, Bangalore, Chennai, Pune, Hyderabad, Coimbatore, and Delhi.

For more information, please write back to us at info@imarticus.org

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#KnowledgeBytes: Artificial Intelligence – Customer service Trends!

In this Imarticus Learning video, Jasjeet Kaur – Head, Western Region, explains how Artificial Intelligence acts as a game-changer in customer service in today’s world. She wonderfully explains to us with an example the fact that with Artificial Intelligence operations become faster, more effective, cheaper, yet more human.

Virtual assistants are no more a mere concept that we can only experience in Hollywood movies, but it has become a part of our daily lives today. Siri and Alexa are some of the most relatable examples of the rise of virtual assistants.

Jasjeet further elaborates on how the Internet of Things (IoT) will help the product companies to provide proactive service for high-end products. Robotic process automation reduces human efforts by overtaking the tasks learned through repetitive actions and performing them in a better way over a period of learning. Jasjeet tells us how companies can use Digital Interactions to transform their customer service.

It enables deeper interaction in the physical world without physical presence. Jasjeet says that all the above aspects lead to the emergence of super agents.

Check our complete #ImarticusPrograms playlist here: https://bit.ly/2JP52hM Subscribe to our channel to get video updates. Hit the subscribe button above.

Why Imarticus?

Imarticus Learning offers a comprehensive range of professional Financial Services and Analytics programs that are designed to cater to an aspiring group of professionals who want a tailored program on making them career ready. Our programs are driven by a constant need to be job relevant and stimulating, taking into consideration the dynamic nature of the Financial Services and Analytics market, and are taught by world-class professionals with specific domain expertise.

Headquartered in Mumbai, Imarticus has classroom and online delivery capabilities across India with dedicated centers located at Mumbai, Thane, Bangalore, Chennai, Pune, Hyderabad, Coimbatore, and Delhi. For more information, please write back to us at info@imarticus.org

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Pattern Recognition – How is It Different from Machine Learning?

Pattern Recognition and Machine Learning are closely related terms in the field of data analysis. The former is a part of Machine Learning and is used as a technique to detect patterns and irregularities in a pool of data.

There is a very thin line between them which will be covered in the following sections. And a simple way to distinguish between them is to understand their individual functions and qualities.

Pattern Recognition vs Machine Learning

Let’s first understand what Machine Learning is? It is basically a concept that allows systems to learn and adapt in a particular way by means of data.

Take the example of how a user behaves with an automatic food recipe machine. If the appliance uses Machine Learning to understand user behavior in a better way, it would ideally take insights from all the past user actions and adapt itself for better functioning.

The primary (and perhaps the only) goal of Machine Learning is to make good guesses. In consumer tech, this is used to automate actions in an application as suggested in the example above. However, Machine Learning has applications across industries (as noted below). This is why there is a growing demand for professionals with relevant skills, which in turn, has resulted in a boom in Machine Learning courses.

What is Pattern Recognition?

It can be seen as an application or subset of Machine Learning (ML). It is basically an element that detects patterns in an ML algorithm. Unlike ML, it uses previous information to refine its findings.

Let’s go back to the appliance example given above. How would the process change if the appliance was already fed with some patterns that the user is assumed to take? This can have a considerable impact on how the appliance is built in the first place. When used, it only has to match the user actions with those already available in its memory. This can improve user experience considerably.

The prediction made on the basis of this pattern recognition on an ML algorithm is essentially called predictive analytics. It is a growing field and one that can be further studied as part of Machine Learning training programs.

Moreover, there are some features that make Pattern recognition a great addition to the world of ML. Some of them are listed below.

  • It can detect familiar patterns and known issues accurately. (This function is extremely helpful in hi-tech to detect online fraud)
  • Classification of patterns
  • Continuous learning as more streams of data is analyzed and processed.

Overall, Pattern recognition acts as an improvement in ML algorithms as it aids in making certain tasks easier. This is why it is heavily utilized across applications in the fields of image processing, biometrics, seismic analysis, and speed recognition.

A very fine example of the use of Pattern recognition is in the field of DNA testing. It can aid the scientific community in detecting DNA sequences with more accuracy and a low error rate. This is advantageous in forensics as well where accuracy is extremely critical.

To conclude, the thin line between Pattern Recognition and Machine Learning is in their functions within an algorithm. While ML is the main method used to process data and influence outcomes, Pattern recognition acts as a helping hand.

One of the best ways to learn more about the differences between the two is to undergo Machine Learning training. Students and professionals can take advantage of online courses available in this field and make good use of the ample free time available during this lockdown period.

Top 25 Agile Interview Questions

The Agile Methodology

At the very core of agile methodology lies the flexibility to respond to a change and build something new. It is a response to turbulent and uncertain scenarios that leads to a successful outcome. The ability to adapt and respond is the defining characteristics of the agile methodology.
The agile methodology in project management is a process that helps to manage and complete a project by breaking it into multiple stages. This involves frequent collaborations with various stakeholders and implementing changes in every stage of the project cycle.
Before the commencement of a project, the client’s need and requirements are properly assessed by the team and the objective is defined based on the client’s perception of customer expectations. Evaluating the project work continuously in every stage and making changes as per the new requirements is crucial for a satisfactory output.

Agile Software Development

The agile software development comprises of multiple frameworks including Scrum, Kanban, Feature Driven Development and Extreme Programming. It’s an umbrella term that entails general frameworks and practices for software development.
The software development methods that have a common crucial element of continuous development based on the changing requirements are categorized under agile software development methods. Iterative development is the central ideology of this methodology.
The agile methodology has been a game-changer in the field of software development and project management. `The demand for IT professionals with an in-depth understanding of the concept and its frameworks is paramount and growing by the day.
Agile certification is an easy way to up-skill yourself with relevant knowledge and builds credibility. Demonstrating knowledge in job interviews can be difficult at times and being prepared for the mainstream questions will establish authority in the domain.

Important Agile Interview Questions

Let’s look at some of the most important and frequently asked interview questions for agile developers.

1. What is the normal duration for a scrum sprint?
2. Explain the important benefits of using Pair programming technique.
3. Explain the concept of impediments in scrums with relevant examples.
4. How is scrum different from agile and what are the similarities?
5. How is incremental development different from iterative development?
6. What do you understand by dynamic code analysis?
7. What do you understand about the Scrum poker technique? Is it different from planning poker?
8. Briefly explain the agile manifesto and its underlying principles.
9. Briefly explain the role of Sashimi in Scrum methodology.
10. Mention a few drawbacks of using the agile methodology.
11. Explain the use of burn-up and burn- down charts.
12. What do you know about the scrum master’s role?
13. What is the primary use of the binary interface?
14. Can you explain the concept of spring retrospective meeting?
15. What are the key responsibilities of a Scrum Master?
16. Mention the key differences between Tasks, User stories and Epic.
17. How do the daily standup meetings add value?
18. How will you handle frequently changing requirements in project development?
19. What are some key principles of agile testing?
20. When is it beneficial to use the agile methodology?
21. Mention some of the most crucial agile Matrices.
22. What is the key difference between agile testing methodology and other testing methodologies?
23. Explain the challenges involved in developing agile software from scratch.
24. How do you measure the velocity of the sprint?
25. What do the X and Y-axis of the burn-down charts depict?

Conclusion
These are some of the most important interview questions that should be prepared for by the applicants. It covers a wide range of topics that are related to the agile methodology to help you prepare for all aspects of agile development.