Predicting an Organisation’s Income Statements, Balance Sheets and Cash Flow Statements With the Three-Statement Financial Model

Posted on May 13, 2024July 1, 2024 by Imarticus Learning

Welcome to the world of finance, where numbers dance and figures sing!

If you’ve ever dreamt of the best careers in finance where strategic thinking meets problem-solving, analysis intertwines with creativity, and every day is a new challenge, you’re in the right place.

This blog post will explore the 7 Essential Skills for Finance Career. These are not just skills but the secret ingredients that can transform an ordinary finance professional into an extraordinary one.

Whether you’re a recent graduate looking to enter the finance industry or an experienced professional aiming to acquire certain skills for finance career that can significantly boost your chances of success, this comprehensive guide will explore the seven important skills in finance, providing valuable insights and actionable tips to help you thrive in this competitive landscape.

Overview Of The Finance Industry

In the grand scheme, a significant chunk of our economy relies on something quite interesting: mortgages and loans. It’s like a seesaw – when interest rates go down, these loans become more valuable, and that’s good news for the economy. Think of it this way: the stronger our financial sector is, the healthier our economy becomes.

Financial services, the lifeblood of our economic landscape, represent various offerings within the dynamic finance sector. This multifaceted industry comprises diverse service-oriented organizations that expertly manage our financial affairs.

Among these financial custodians, you’ll find credit unions, venerable banks, innovative credit-card companies, trusted insurance providers, savvy accountancy firms, customer-focused consumer-finance enterprises, dynamic stock brokerages, visionary investment funds, skilled individual asset managers, and even some enterprising government-backed entities. Together, they form the mosaic of financial services, shaping and safeguarding our monetary world.

Conversely, if the financial sector isn’t doing so hot, it’s usually a sign that the economy feels under the weather. Now, you might associate the financial sector with Wall Street and the bustling exchanges that light up our screens. But it’s more than that. The financial sector is like the engine room of our developed economies.

Advanced Financial Modeling Techniques: The Secret Weapon Of Successful Analysts

It comprises all sorts of folks – brokers, financial institutions, and money markets. They’re behind the scenes, ensuring Main Street can continue its daily business. This sector does some important stuff, like giving loans to businesses so they can grow, handing out mortgages to folks who want to own homes, and providing insurance to keep people, companies, and their stuff safe. It even helps folks save up for retirement and provides jobs for millions of people.

Here’s an interesting tidbit: the financial sector gets a good chunk of its money from loans and mortgages. And when interest rates take a nosedive, these loans become more valuable. When that happens, it’s like opening a treasure chest of opportunities and benefits for building skills for finance career.

More people and businesses can afford big projects and investments. And when the financial sector thrives, it’s like a booster shot for the economy, leading to more growth and prosperity.

Some examples of how these techniques can be used in financial modeling:

Monte Carlo simulation: It can also be used to model complex financial systems and to assess the risk of different scenarios. For example, it can be used to model the performance of a stock portfolio or the risk of a corporate default.
Real options analysis: Real options analysis is a method for valuing the flexibility of financial contracts and corporate investments. For example, it can be used to value expanding a business or delaying a project.
Financial econometrics: Financial econometrics is a field of study that uses statistical methods to analyze financial data. It can also be used to develop models that predict future market movements, asset returns, and risk.
Machine learning: Machine learning (ML) enables computers to learn without explicit programming. It may be used to create financial models that can find links and patterns in data that would be hard or impossible to find using conventional techniques. For example, machine learning can be used to develop models that predict creditworthiness or fraud.
Artificial intelligence: Artificial intelligence (AI) is a broad field of study encompassing machine learning and other skills that enable computers to perform tasks that normally require human intelligence. AI can be used to develop financial models that can learn and adapt over time and make decisions based on incomplete or noisy data. For example, AI can be used to develop models that can trade stocks or manage portfolios.

Advanced financial modeling techniques are becoming increasingly important as financial markets become more complex and competitive. By mastering these techniques, financial professionals can gain a significant career advantage.

What are the Essential Skills for Finance Career Success?

Mastering the Art of Financial Evaluation

Financial analysis is the cornerstone of successful skills for finance career. Professionals in this field must be adept at interpreting financial statements, assessing investment opportunities, and evaluating risks. Financial technology trends are revolutionizing the way we manage our money.

These skills for finance career involve:

Ratio Analysis: Understanding and interpreting key financial ratios like liquidity, profitability, and leverage ratios to gauge a company’s financial health
Cash Flow Analysis: Analyzing cash flow statements to assess the cash-generating capacity of a business.
Valuation Techniques: Learning various valuation methods such as discounted cash flow (DCF) and comparable company analysis (CCA) to determine the intrinsic value of assets or companies.

Crunching Numbers with Confidence

A strong numerical aptitude is indispensable in the finance industry. Finance professionals regularly work with complex mathematical model, large datasets, and intricate calculations. Numerical aptitude involves:

Quantitative Analysis: Applying mathematical concepts to solve financial problems and make data-driven decisions
Statistics: Understanding statistical tools to analyze data and draw meaningful conclusions
Excel Proficiency: Mastering Microsoft Excel for data analysis, modeling, and financial reporting.

Attention to Detail

In finance, even the smallest oversight can have significant consequences. Attention to detail is a skill that ensures accuracy and minimizes errors in financial transactions, reporting, and analysis. Key aspects of these important skills for finance career include:

Data Accuracy: Ensuring data integrity and precision in financial documents.
Thoroughness: Conducting meticulous reviews of financial statements and reports.
Compliance: Adhering to regulatory requirements and ethical standards in financial practices

Problem-Solving

Finance professionals encounter a myriad of complex problems daily. Problem-solving skills are essential for identifying issues, devising solutions, and mitigating risks. Effective problem-solving skills for finance career includes:

Critical Thinking: Analyzing problems from multiple angles to arrive at well-reasoned solutions.
Risk Assessment: Evaluating potential risks and developing strategies to manage them.
Adaptability: Being flexible and creative in finding solutions as financial landscapes evolve.

Communication Skills

Finance is not just about numbers; it’s also about effective communication. Finance professionals often need to convey complex financial information to non-finance stakeholders. Strong communication skills for finance career encompass:

Clarity: Communicating financial concepts clearly and understandably.
Presentation: Creating compelling presentations and reports to convey financial insights.
Active Listening: Understanding the needs and concerns of clients and colleagues.

Analytical Thinking

Analytical thinking is dissecting data, identifying trends, and extracting valuable insights. These skills for finance career enable finance professionals to make data-driven decisions and provide strategic guidance. Key aspects of analytical thinking include:

Data Interpretation: Extracting meaningful information from financial data sets.
Forecasting: Using historical data to make future predictions and plan accordingly.
Risk Analysis: Identifying potential risks and their impact on financial outcomes.

Ethical Judgment

Ethical judgment is paramount in the finance industry. Finance professionals are entrusted with sensitive financial information and must adhere to ethical standards. Ethical judgment skills for finance career involve:

Integrity: Acting honestly and transparently in all financial dealings.
Confidentiality: Safeguarding sensitive financial information.
Compliance: Adhering to legal and regulatory requirements.

The Final Words

A successful career in finance requires combining these seven skills: financial analysis, numerical aptitude, attention to detail, problem-solving, communication skills, analytical thinking, and ethical judgment. By honing these skills for finance career, professionals can navigate the industry’s complexities, make informed decisions, and contribute to their organizations’ success.

Introducing the Imarticus Learning financial analysis certification program – Your Gateway to the best careers in finance. Step into a world of opportunity with the program, which equips you with essential skills for finance career and offers an exclusive job guarantee. They connect you with over 500 prestigious partner organizations actively seeking candidates for various roles.

Elevate your expertise in these important skills in finance – financial statement analysis, modeling, valuation, equity research, and transaction execution. Dive into the world of Excel and PowerPoint mastery, making you indispensable in today’s competitive job market. Experience a cutting-edge learning journey with the latest engagement solutions, including immersive simulation tools.

Walk in the shoes of industry professionals and immerse yourself in live workplace scenarios. Seal your knowledge with a capstone project that challenges you to apply your learnings to a real-world problem statement. This safe, simulated environment ensures you’re well-prepared for the demands of the professional world.

Whether you’re just starting your finance journey or looking to advance your career, these skills for finance career will be your guiding compass in the ever-evolving world of finance. Embrace them, nurture them, and watch your finance career flourish.

Unlock your potential and seize the future with the finance course. Your success story starts here!

7 Essential Skills for a Successful Finance Career

Posted on May 13, 2024May 13, 2024 by Imarticus Learning

Welcome to the world of finance, where numbers dance and figures sing!

Overview Of The Finance Industry

More people and businesses can afford big projects and investments. And when the financial sector thrives, it’s like a booster shot for the economy, leading to more growth and prosperity.

What are the Essential Skills for Finance Career Success?

Mastering the Art of Financial Evaluation

These skills for finance career involve:

Ratio Analysis: Understanding and interpreting key financial ratios like liquidity, profitability, and leverage ratios to gauge a company’s financial health
Cash Flow Analysis: Analyzing cash flow statements to assess the cash-generating capacity of a business.
Valuation Techniques: Learning various valuation methods such as discounted cash flow (DCF) and comparable company analysis (CCA) to determine the intrinsic value of assets or companies.

Crunching Numbers with Confidence

A strong numerical aptitude is indispensable in the finance industry. Finance professionals regularly work with complex mathematical models, large datasets, and intricate calculations. Numerical aptitude involves:

Quantitative Analysis: Applying mathematical concepts to solve financial problems and make data-driven decisions
Statistics: Understanding statistical tools to analyze data and draw meaningful conclusions
Excel Proficiency: Mastering Microsoft Excel for data analysis, modeling, and financial reporting.

Attention to Detail

Data Accuracy: Ensuring data integrity and precision in financial documents.
Thoroughness: Conducting meticulous reviews of financial statements and reports.
Compliance: Adhering to regulatory requirements and ethical standards in financial practices

Problem-Solving

Critical Thinking: Analyzing problems from multiple angles to arrive at well-reasoned solutions.
Risk Assessment: Evaluating potential risks and developing strategies to manage them.
Adaptability: Being flexible and creative in finding solutions as financial landscapes evolve.

Communication Skills

Clarity: Communicating financial concepts clearly and understandably.
Presentation: Creating compelling presentations and reports to convey financial insights.
Active Listening: Understanding the needs and concerns of clients and colleagues.

Analytical Thinking

Data Interpretation: Extracting meaningful information from financial data sets.
Forecasting: Using historical data to make future predictions and plan accordingly.
Risk Analysis: Identifying potential risks and their impact on financial outcomes.

Ethical Judgment

Integrity: Acting honestly and transparently in all financial dealings.
Confidentiality: Safeguarding sensitive financial information.
Compliance: Adhering to legal and regulatory requirements.

The Final Words

Unlock your potential and seize the future with the finance course. Your success story starts here!

Career Choice Comparison: Asset Management vs. Wealth Management

Posted on August 9, 2023April 2, 2024 by Imarticus Learning

Individuals and businesses deal with significant volumes of wealth and assets. Those who wish to focus on assets and the various ways of increasing and monitoring them can opt for asset management jobs. Candidates who are more focused on the overall finances can go for a wealth management degree.

Imarticus Learning’s CIBOP or Certified Investment Banking Operations Professional course offers a curriculum that includes both fields. Students can explore various options and choose their area of expertise at the end of the course.

Understanding the Difference Between Asset Management and Wealth Management

Asset management deals with the investments of a company or clients. Asset managers are responsible for the money that clients invest. Asset managers take care of all investments, helping people follow the right procedure to set up accounts and invest in the right areas.

Investors can hire asset managers to assist them in opening accounts, finding the best investment opportunities, and finally making the trades. Asset management involves extensive risk management and research.

Managers need to research the condition of stocks, bonds, mutual funds, ETFs, or other forms of investment vehicles. After analyzing the research data, asset managers can accurately predict where one should invest to get the maximum benefits. Nowadays, asset managers are also responsible for ensuring that all investments are socially responsible.

Some asset managers may work in other aspects of investment management like tax-loss harvesting. An asset manager can at times provide financial advice. Since they have expertise in investment vehicles, individuals or firms that provide ETFs, mutual funds or similar products often hire them to get a better idea of what response their products will receive.

Wealth management deals with a broader view and includes all finances of a company or individual. Wealth managers have multiple tasks. Similar to asset managers, wealth managers have to conduct a risk assessment. A wealth management course usually prepares students for this task. Wealth managers are often hired by company stakeholders or older employees who require retirement planning services. Since wealth management involves monitoring individual wealth, managers can help clients choose the right retirement benefits.

Several clients also hire wealth managers for succession planning and estate planning. Wealth management also often involves the set-up and management of trusts. People who require insurance protection can seek the assistance of wealth managers. Wealth management often includes coverage of liability issues, stock options, and tax planning.

While there are differences in the services provided by asset managers and wealth managers, one also needs to look at the various compensation models. Asset managers usually take commissions. Their fees are based on the type of assets they are managing. Wealth managers, on the other hand, charge on an hourly basis or have flat fees. However, if they too are dealing with assets, their fees may depend on the size and value of those assets.

What Can Candidates Study to Work in Asset or Wealth Management?

Both asset and wealth management has a lot of scope and aspirants can benefit from honing their skills in either field. While there are several wealth and asset management courses, Imarticus Learning’s Certified Investment Banking Operations Professional course teaches students the skills necessary to land lucrative jobs. The institute organizes live lectures where candidates are encouraged to interact with peers as well as instructors.

The curriculum introduces students to financial markets. An understanding of the market trends is beneficial for both asset managers and wealth managers. Risk management is also a huge part of the course as it is extremely important for the industry. Candidates are prepared for interviews in their areas of interest and are guaranteed job interviews once they graduate.

The CIBOP course doubles up as a risk management course in banking and aspirants will benefit from the industry expertise offered. Such a holistic approach increases opportunities for all those who complete this degree.

No banking and Finance Certification is Worth it

Posted on October 23, 2022October 27, 2022 by Imarticus Learning

No banking and Finance Certification is Worth it

The most important question that you come across while deciding about your journey in the financial industry is how to land your desired profile in a banking and finance career. The core of financial activities that different firms undertake varies from segment to segment. Your aspiration may be to become an investment banker, a hedge fund professional, a seasoned banker, a risk manager, or an actual financial markets trader.

All these career paths are tremendous, but the problem that candidates in India face is getting the right guidance to land entry into these segments. Additionally, the issue in these segments is a preferential bias towards certified professionals. There are many banking and finance certifications available in the country, and identification and pursuit of apt certification is the need of the candidates. As a professional, you often come across such a dilemma.

This is what you are looking for in Banking and Finance certifications:

1. A certification that makes you eligible for a job in the preferred segment

Before you get an opportunity to dazzle the hiring managers with your knowledge and skills, you need to cross the shortlisting criteria. With the level of competition in the professional world these days, everyone works up to their core for continuous value addition. Certification in the field of the preferred segment lets you cross the cut-off of shortlisted candidates and gives an indication to the managers about your interest in the field.

2. A course that increases your competency in the field

Hiring managers try to ensure a candidate’s competency for the required job. You, as a candidate, can enhance your resume and add a flair to your profile with the subject knowledge. So you are looking for a course that only gives your profile a value addition but also makes you competent enough for real-life situations.

3. A certification to enhance your earned experience

It is not only the fresh out of college graduates who opt for certifications. Professionals at varying levels on their professional path look to enrich their experience with certification. Suppose you are a banking professional. A risk management certification will add value to your profile and increase the scope of your movement within departments of the banks.

4. Certification to boost your confidence

Sometimes certification is needed to add confidence to your professional skills. On-the-job experience is the most critical aspect of a professional journey, but a certificate gives recognition to the same and increases your confidence in your skills.

This is what we know about it:

Those with banking and finance careers are among the world’s highest-paid workers. In India, for example, the average yearly salary for these professionals ranges between 8.28 and 8.51 Lakhs.

Banking and finance are considered one of the world’s most stable sectors. Banks and other financial organizations recruit even during the recession and economic insecurity.

A finance course can lead to a variety of job opportunities. Many financial professionals begin in entry-level positions and advance to management or executive positions.

The abilities you learn while studying finance may be applied to different sectors, making you a more adaptable job applicant.

This is what we think will be useful:

For a banking and finance career, the need of the hour is getting courses and certifications that align with current market situations. A course designed with BASEL II will not work today when the banking world is talking about FRTB. The banking and finance world changes and the realignment of courses with the market scenario is an absolute necessity.

The courses/certification should be curated in guidance by the market professionals and industry leaders. Trainers from top-notch education or institutes of the country/world should be part of the training teams. A greater level of successful placements for the candidates in the respective field is also crucial.

A mentorship approach by the instructors to understand your particular requirement and aptly guide you towards a better fit.

Consider these options: (Banking and Finance Courses)

Financial Analysis with KPMG

This 180-hour skill-building program teaches mastery of numerous basic finance activities. The program provides you with an endorsed curriculum, dynamic instructors, and practical learning, with over 25+ hours of delivery from KPMG in India.

Certificate in Investment Banking Operations – Knowledge Partner Euronext Academy

This 180-hour intensive Certified Investment Banking Operations Professional (CIBOP) course thoroughly prepares you for a career in investment banking operations, treasury, and clearing services. Your only obligation is to study; we will care for the rest.

Executive Program in Investment Banking and Capital Markets – IIM, Calcutta

Executive Program in Investment Banking and Capital Markets was developed in collaboration with the prestigious IIM Calcutta. This comprehensive one-year curriculum will provide you with a fundamental and advanced understanding of global capital markets and investment banking. You will master the foundations of mergers and acquisitions, debt and equity capital markets, portfolio management, sales and trading, and securities legislation designed for finance professionals with at least two years of experience. This IIM Calcutta executive course will help you achieve your goals and develop a solid career in the financial sector.

We, Imarticus Learning, are a technology-driven training institute with extensive experience in altering professions in finance, analytics and artificial intelligence, business analysis, and core technology. These banking and finance courses have been curated, considering your professional growth opportunities.

These programs will help you reach the pinnacle of your aspired career. We have centers in many cities around the nation; visit us in Mumbai, Thane, Pune, Chennai, Bengaluru, Delhi, and Gurgaon, or connect us over chat support.

5 Tell-Tale Signs You Need To Get A PG In Finance

Posted on August 17, 2022March 22, 2024 by Imarticus Learning

5 Tell-Tale Signs You Need To Get A PG In Finance

Choosing your PG-level subject can be tricky and also a little bit risky.

With finance, you can’t go wrong. It is a promising field that ensures good career prospects and interests those well-versed with the basics of the subject.

Here are five tell-tale signs you need to get banking and finance online training.

Immense Career Growth in Finance

Almost every organisation has a finance department. Consequently, there are several employment options in the finance sector.

Moreover, you can begin from scratch and have all the possibilities to reach the top of your career in finance.

Lastly, it is among the most significant global industries. As a result, once you work in this field, your career will advance quickly, and you will get to explore the different work areas in finance.

Booming Industry of Finance

The finance industry is booming and breaking records every single day. It is expanding globally, more so in promising economies like India. It indicates that this favorable progress will last the longest.

There will be ups and downs, but the market rebounds swiftly. The finance sector is safe since it is well-regulated. It proves your job will be safe and booming even during a recession.

High Pay Cheques in Finance

We are all aware that finance is among the highest-paying fields. You may be sure you will get a big salary and great perks. Naturally, how much money you make will rely on the firm you work for and your negotiation abilities. Still, you are already in a very strong position with a postgraduate degree in finance.

Multiple Career Options

There are many different careers you may pursue in finance. After learning about it during the program, you can opt to pursue a profession in the subject that most interests you.

For example, you can go for your business ventures, work for a firm, or a government institution, among several other options.

In short, you have many career options in your hand after passing out with a postgraduate degree in finance. You can Always Aim for Bigger Goals.

Corporate life is all about preparing yourself for better and heftier goals. Switching from a job is not very easy in other fields, but you can quickly get great pay hikes in finance according to your experience and skills.

So, you can always aim for better job opportunities.

In addition, there is a high level of competition, and significant firms in the finance sector benefit. As a result, you will receive several job offers and offers to move to jobs with higher incomes.

Top 3 Career Paths Available to You After a PG in Finance

Below are the top 3 career paths you can embark on after completing a postgraduate course in the field.

Corporate Finance

An advanced-level finance course equips you with both financial modeling and valuation techniques.

It prepares you for job roles available in the corporate finance vertical. This career path requires analysis of financial statements and designing and selecting correct valuation models.

Investment Banking

A primary task of investment banking professionals is to guide corporates in their financial decisions. It involves them enabling corporates to source required funding and advising them when to acquire or merge with another company.

Investment bankers also guide corporates on the right time to initiate a public offering in the capital markets.

Financial Research and Consulting

It is an ideal career path for those finance professionals who enjoy doing research and offering advisory services basis their findings.

They discharge some of the most fundamental services for a company. Hence, there is a demand for financial researchers and consultants in almost all industries.

Takeaway

Now that you have made up your mind, these tell-tale signs will help you strengthen your decision regarding pursuing a postgraduate degree in finance.

A finance degree always pays back in multiple folds. You will earn much more than you invest in pursuing this degree.

This ever-growing industry has a high growth rate. So, you will land into great companies as the world’s biggest recruiters are constantly searching for fresh finance talents.

Are you still unsure?

Opt for career counseling to better understand the programme and set clear expectations.

We at Imarticus Learning provide one such platform where besides necessary education, we assist in solving all your queries regarding fintech. We start with the basics of a degree in finance to jobs and more ahead.

We even have a 24*7 chat support system and training centers in various metropolitan cities, including Mumbai, Pune, Thane, Bangalore, Chennai, Gurgaon, and Delhi. Visit us at our centers for further help.

10 Compelling Reasons Why You Need Postgraduate Finance Degree

Posted on August 2, 2022March 29, 2024 by Imarticus Learning

10 Compelling Reasons Why You Need Postgraduate Finance Degree

Have you ever noticed that everything in our surroundings is extensively related to finance? Well, be it funding for a business, coming up with a union budget for the development of a country, your finances such as saving for your education, your investments, insurance, etc. It would not be an exaggeration to say it is almost uncanny to survive without the very term finance in our lives.

As our society progresses, so does the standard of living. This leads to the need to dig deeper in terms of understanding finance. Therefore, if you are someone who is sagely involved in financial escapades, education in finance would certainly be a thrilling experience for you.

Also, it would be important to note that a career in banking and finance is the most looked forward one in recent times as for the development of technology and demand for the same.

Hence, let us now see the most compelling reasons why you must enroll yourself in a postgraduate program for a higher degree in finance if you have already graduated in finance.

10 Reasons to Choose a Postgraduate Degree in Finance

High-paying Jobs:

Finance is undoubtedly one of the most fairly paid fields, once you have an MBA in finance or a master’s in finance. The corporates look for individuals who can solve problems and come up with financial strategies and principles for the company. These individuals are highly dependent upon. Recent reports have shown a surge in terms of demand for financial analysts and the most growth in salaries in the field of finance.

Networking:

A postgraduate degree in finance is an excellent way to build your network around the ultimate connoisseurs of the country. A higher egress in finance helps you to introduce yourself to a high-regarded environment that shall prove to be of substantial importance in your career ahead.

Gives an edge to your career:

If you are someone who has already graduated in finance and has been working in the field, a postgraduate program will help you to accelerate your career and provide you with ample opportunities in the field.

Wide variety of roles:

The field of finance is not restricted to one job profile; it provides distinct opportunities with different job types. One can explore banking, investment and portfolio management, risk management, finance management, etc. The field involves varied skills and space for strengthening your skills.

Holistic development:

A master’s in finance helps you to enhance your overall capability and provides you with an all-around development. With the help of comprehensive projects, group tasks, internships, etc an individual not only can become corporate-ready but is instilled with various other life skills after a master’s in finance.

A Wide Curriculum:

A master’s in finance has a comprehensive curriculum that has the potential to develop your analytical and critical thinking. Here, the bandwidth of the knowledge is extensive in the field of stock market analysis, personal finance, investment banking, etc. This helps you to expand the horizon of learning in terms of finance and provides you with a true sense of development.

Job Security:

The finance sector in India is growing tremendously and has the potential to impart both soft and hard skills. After post-graduation in finance, it is almost a guarantee for you to secure a high-paying job with a legitimate role in the field. Hence providing you with a sense of job security that is hard to find in any other field that exists.

Easy route to entrepreneurship:

If you are someone who wants to start your venture in the future, a postgraduate degree in finance shall help you to pave your way. With the constructive learning of managing funds to raising one, the master’s in finance helps you out with all and therefore creates an easier route to a better understanding of how to run a business.

Ease of learning:

With technological development, you are no longer required to attend a physical university. The best degrees can also be obtained with online learning today. These have high demand in the market and are easier on your pockets to upgrade your skills as well as your CV. Most of the banking and finance online training programs have given a substantial edge to the aspirants in the field and have created worthy employment opportunities for them without the burden of taking a heavy loan for further education.

Management of personal funds:

A master’s degree usually is a pathway to better establishments in your career, however, a master’s in finance along with providing the same also teaches you life-saving skills and lessons. By managing your funds and teaching you the best forms of investments, you can live a secure life by applying the knowledge gained through the field in your life. The finance field is highly practical and has an immense source of the flow of income.

Conclusion

By now you must have understood the top reasons why you must opt for post-graduation in finance. The top recruiters like Mcnskey, JP Morgan, Deloitte, BCG, PWC, etc. look for talent and skills in finance and therefore the jobs in the finance sector have ever since been growing at a fast pace. So, if you are someone who wishes to update your skills in the field, a master’s degree will be an amazing choice for you. The final advice- grab the opportunity and lead a path to a better career.

News Snippet: A Look Into The Banking and Finance Industry

Posted on July 26, 2022August 25, 2022 by Imarticus Learning

News Snippet: A Look Into The Banking and Finance Industry

The Banking and Finance industry plays a very crucial role in the entire world’s economy. Even though it plays a vital role, it is one of the highly volatile industries that has faced a severe downfall due to the pandemic. After the mushrooming of the Covid-19 pandemic, the Banking and Finance industry has turned out to be stronger than ever. Just like other sectors the banking and finance sector also has switched from their traditional services to technological services.

After going through so many hardships the number of job applications applied in this industry is higher than in any other industry. And this shows that most of the graduates and postgraduates are willing to bag a job in the banking sector. For a kick-start career in the banking sector, you must immediately get yourself enrolled in an online banking and finance course.

What is the Banking and Financial Industry?

As the name suggests, the financial industry helps and provides corporations and people with financial services. The banking industry is one of the core pillars of the finance service industry. Other than the banks, the financial industry also consists of many finance firms like investment houses, lenders, finance companies as well as Insurance companies. Real estate is also a part of this financial sector. Most of the companies which are associated with the finance sector have the main and basic work of managing money.

The banking sector is the basic structure of the financial sector. People in the banking sector are given the duties of saving and lending money.

Why is making a career in the banking and finance industry always highly competitive?

It is a fast-paced industry that continuously. As finances and economics wait for none. Hence making it a very exhilarating career option.
Numerous famous and well-structured banks provide professional training along with many development chances or opportunities. With time one with also secure a professional qualification and will build a good network.
This sector will open doors for international work and travel. As one who is working in the finance industry has to toil with centres that are located in foreign countries.
The banking and finance industry provides a job that pays a handsome amount with many facilities like insurance and health care.
Various job roles like a financial planner or analyst, securities trader, and portfolio manager are available in this industry.

Hence a proper certification course in Banking and finance will help you to inculcate the required skills and knowledge like interpersonal skills, dealing with customers, critical thinking, communication, analytical skills, and so on.

Qualifications required to start a career in the baking and finance sector.

The finance and banking industry requires people from commerce backgrounds. But people from the science and arts stream can also start their careers in this industry.

One needs to get a Bachelor’s degree first. It can be in finance and banking, accounting, statistics, or even business.
To get a better job offer a Master’s degree is essential. MBA or simple Master’s of Commerce or Accounting would do.
A diploma or a certification course in banking and finance, banking security, or finance law would be beneficiary to make a good career in this sector.

How to prepare for the exams in the Banking and Finance industry?

To start a career in the banking and finance industry one needs to get the required Bachelor’s degree and Master’s degree. After that, with certain online courses and diplomas, one is eligible to apply for the banking exams. One must focus more on their English, computer skills, reasoning ability, general knowledge as well as quantitative aptitude.

Conclusion

As rest of the finance and banking industry has gone through tough times but the job opportunities are still high in this sector. To bag a highly paid banking job join the Banking and Finance course at Imarticus and unveil the opportunities the banking and finance industry has for you.

Don’t Forget This While Planning Your Taxes

Posted on May 7, 2022May 25, 2022 by Imarticus Learning

Don’t Forget This While Planning Your Taxes

Planning your taxes can be a tedious task, but it is important. If you can strategically plan your taxes, you can claim the right deductions and exemptions, which will give you a clear picture of the taxes paid during the year and the amount one can get in a refund in the ITR (income tax return) one needs to file every year.

Step 1

First, ascertain the upcoming payments, expenditures, policy renewals, etc.

Step 2

Make a rough sheet that mentions all these expenditures and payments with approximate funds allocated to them.

Step 3

Ascertain which expenditures you can claim exemption or deduction. A quick guide for you to understand these deductions and exemptions is as follows.

The most famous deduction in an ITR is the 80C deduction, where one can claim a deduction in PPF (Public Provident Fund), NSC (National Saving Certificate), Life insurance or ULIP premium, ELSS (Equity linked saving scheme), Sukanya Samriddhi Yojana (SSY), Senior Citizen Savings Scheme (SCSS), Post office deposit or even a Fixed deposit with the maturity of 5 years. One can even claim exemption on the education fees of their children (but for not more than two children)

The other exemptions are as follows –

Health Insurance Premium:

An INR 15,000 annual deduction is allowed for self, spouse, and dependent children. A further INR 15,000 is permitted for parents (maximum 40,000).

House Rent Allowance (HRA):

If you rent an apartment, you may be eligible for this benefit. Established guidelines determine the amount deductible. Please keep in mind that the rent agreement and rent receipts must be submitted.

Individuals considering purchasing a home should consider taking out a home loan. Section 24 allows you to deduct interest payments up to Rs 150,000 per year.

Medical reimbursement:

Medical treatment expenses of up to INR 15,000 can be claimed as a salary deduction under section 17 each year (2). Actual bills must be printed.

Disclose your sell

One should always disclose the mutual funds, shares or gold purchased or sold in the financial year and the realized gain or loss on the same, known as LTCG or STCG, which is long-term capital gain and short-term capital gain.

Having smart decisions while making these deductions and claiming the right exemptions will save a lot of taxes and get the right refund, which can be used on major expenses.

Since many people are confused about this tax terminology, there is a huge demand for tax consultants in the market, and many people choose to pursue their careers in the same field. The best courses for tax consultants or financial planners are Banking and Finance Course, Banking and Finance Online Training, and Postgraduate Program In Banking and Finance.

These courses are majorly focused on two segments.

Banking

You can learn all about retail banking Introduction to Banking, Retail Liability Products, Retail Asset Product, NRI Products, Payment Services, Branch Operations, Regulatory Environment, and Trends in Banking.

Finance

Financial System Overview, Introduction to Investment, Securities Market Overview

Equity as an Asset Class, Investing in Fixed Income Securities, Mutual Funds, Introduction to Tax Planning, Introduction to Personal Financial Planning, Life and General Insurance Products and Positioning.

Honing soft skills becomes easy with Soft Skills Foundation and Campus to Corporate, Cardinals of Communication, Honing Communication, Curating and Perfecting Communication, Corporate and Business Etiquette, Customer Service, Business Writing, Art of Presentation, Sales and Negotiation, Group Discussion Hacks, Personal Grooming, Interview Preparation – HR.

These courses can prepare you for the job of banking professional or finance and tax consultant, which can prove to be beneficial for your career kick-start; these programs even offer career helping tools such as profile enhancement, resume builder, preparation for the interview, etc., which will enhance the opportunities in the market.

Visit the Imarticus learning website for a proper breakdown of the components and the benefits of the course. Imarticus has numerous client centers in the north, east, west and south regions, including Lucknow, Noida, Mumbai, Delhi, Jaipur, Chennai, Bangalore, Hyderabad, and Kolkata, among other cities. They also have centers in Dubai. The chat centers are open 24×7, so you can chat on Whatsapp and even request a callback.

Even if one doesn’t want to have a career in finance or banking, these courses help one plan their finances smarter and better. They also provide proper guidance on investment, which will help one make the right choices according to their financial status. Keeping in mind the savings and the debt ratio, one can easily bifurcate the finances and set aside the funds for saving.

Become A Tax Pro: Tax Planning Training For Beginners

Posted on May 4, 2022September 16, 2022 by Imarticus Learning

Become A Tax Pro: Tax Planning Training For Beginners

It is never too late to learn something new, especially if it is related to tax. In this article, we will introduce you to the banking and finance course for tax planning so that you can become a tax professional and help people save money on their taxes. Read on…

Build a Career as Tax Professional

If you are interested in the banking and finance industry and have thought about starting your own tax planning business or want to become a tax pro, then there is no time like the present! With the right banking and finance course, you can launch your own tax planning business or you can be a tax planner for yourself.

There are many different courses out there like PG Banking & Finance that offers you both beginner and advanced learning opportunities as per your needs.

What do You Need to Know to Become a Tax Pro?

To start a career in tax preparation, there are a few things you should know.

You will need to have a strong understanding of numbers and accounting. You will need to be able to keep track of income, expenses, and other financial information for your clients. Also, you will be required to prepare tax returns and other documents.
You will need to be well-organized and detail-oriented. Tax preparers need to track a lot of information and pay attention to detail.
You will need to be good with people. Tax preparers work closely with their clients and they need to be able to build trust and rapport. They also need to be able to explain tax laws and regulations in a way that their clients can understand.

Importance of a Tax Professional

Taxes are one of the most complex and challenging aspects of saving money. They can be intimidating for small business owners and industrialists to people engaged in other professions, who do not have a lot of experience dealing with them.

A tax professional is a must for a company as their presence brings in:

Expertise – Tax professionals keep up with the latest tax legislation and file an accurate returns. The purpose of using a professional to file your taxes is to do it the right way.

Precision – Mistakes can happen in any business and they will happen for whatever reason. The best part about choosing a reputable tax expert is that he or she will do all possible to assure accuracy and correct errors as soon as feasible.

Ideas to Save Money – True experts utilize their expertise and experience to get the client the best possible refund. They can also assist with monthly payment options and how to make timely payments.

Tax Planning Training for Beginners

Tax planning can be a complex and time-consuming process. But, with the right bank and finance online training, you can streamline your tax planning process and save yourself a lot of time and headache.

This type of training can help you learn about the different deductions and credits that are available, as well as how to properly file your taxes. Also, this course helps you to pursue banking and financial careers.

In a banking and finance career, you will have the opportunity to work with people from all walks of life and help them achieve their financial goals. You will also be able to work in a fast-paced and dynamic environment, where you will need to constantly be on your toes.

Why Choose a Taxation Career?

Tax specialists are essential to the smooth operation of businesses. In addition to being the pillars of company success, there are a few compelling reasons to seek a career in taxation:

Excellent salary – A career in taxation will prepare you to earn a competitive salary. The pay as a trainee may appear to be low at first. With experience, though, you can easily earn a huge salary. Your earnings will vary depending on the job description and firm you choose to work with.

Love for numbers – If you believe you are excellent with numbers, then tax will surely test your abilities. It is not only about knowing mathematics but also having a thorough understanding of the law and keeping up with constantly changing legislation. Because of the nature of this job, you will be working with new clients on a daily basis, each with its own set of requirements. This will not only let you exercise your mathematical skills but will also motivate you to solve hard problems utilizing logic and tax knowledge.

Demanding on a global scale and in every business – Finance specialists are crucial in practically every business, from retail to entertainment and construction to non-profits. These are the people who assist in the financial management of the company and provide advice on how to improve it.

Conclusion

Overall, IIMs are the perfect way to get started for becoming a tax pro and help beginners with tax planning. So, check out the details of a reputable banking and finance course here.

Risk management training: What’s the ideal career opportunity?

Posted on March 11, 2022 by Imarticus Learning

Risk management is a critical component of any business. To protect your company’s assets, you need to have adequately trained employees in risk management.

If you’re searching for an exciting career that offers risk management training, then you should consider becoming a risk manager. This post will explain the primary role of a risk manager and the benefits of risk management training.

An overview of risk management

Risk management is the method of identifying, assessing, and managing risks. It can include anything from natural disasters to business failures. Risk management aims to minimize the negative impacts of any potential risks and ensure that the organization can continue to operate effectively, even under challenging circumstances.

Risk management is a vital part of any organization. It plays a primary role in helping businesses identify potential risks before they occur, so you can take that appropriate measures to reduce any negative impacts.

Risk management is a broad term that covers many different disciplines and skillsets. These include financial risk management, operational risk management, enterprise risk management, and information security risk management.

Each of these areas requires specific skills and knowledge, which is why it’s crucial to choose the right risk management training program for you.

What is the role of the risk manager?

These threats, or risks, can come from various sources, including financial uncertainty, legal liabilities, and strategic management errors. Risk managers use their knowledge of an organization’s business objectives and appetite for risk to help shape the risk management strategy.

Risk managers typically have a degree in business administration, economics, or a related field. They also need strong analytical skills and experience in data analysis.

The benefits of pursuing a career in risk management

Here are the benefits of pursuing a career in risk management:

Risk management is a rapidly growing field, and there are many opportunities for advancement.
You’ll be responsible for protecting your company’s assets and ensuring its safety.
You’ll be able to provide your family with financial security for years to come.
You’ll learn how to identify risks, develop strategies for addressing them, and manage your team’s response to those threats.

Many companies are looking for risk management professionals who can think critically and strategically. They want employees to identify potential risks and develop plans to mitigate them. If you want a career in risk management, now is the time to start preparing yourself.

Discover Financial Services and Capital Markets course with Imarticus Learning

A diploma in Finance Management is for those students who want a thorough understanding of the fields related to investment banking, capital markets, and risk management. It provides best-in-class education for high-performing middle management professionals with at least two years of experience who want to relaunch their careers in financial services.

Course Benefits For Learners:

Learn with an outcome-focused curriculum and practical learning method that will allow students to build competence in critical domains such as capital markets, risk, and fintech.
Our capital markets training program provides the student with a cutting-edge curriculum that will teach the principles of corporate finance, risk management and compliance, capital markets, valuation, and equity research.
As part of this program, students will have the chance to meet and connect with their classmates and industry professionals.