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Tag: become a financial analyst

Pursuing a Career in Finance: Top Roles in 2023

Posted on by Imarticus Learning

Ensuring employment stability is a significant worry for everyone, particularly in today’s fiercely competitive environment.

While there are no absolute assurances that every job will remain immune to downsizing or layoffs, certain industries have shown a greater ability to weather such turbulent periods than others.

One such field is the wide domain of finance. The finance industry has always been a dynamic and lucrative field. And, in 2023, it continues to evolve with new opportunities and challenges. Several sources anticipate that by the end of 2027, the finance sector will witness a projected growth, reaching a market value of $18.75 million. 

Hence, if you aspire to initiate a prosperous career in finance, then this could be the ideal opportunity. On that note,

Here is a detailed list highlighting the top roles in finance for 2023. 

Financial Analyst

Financial analysts are essential in assisting corporate stakeholders in making wise investment choices. For the purpose of making the appropriate suggestions regarding investment opportunities, they analyse financial data, market trends, and economic indicators. Financial analysts are also in charge of writing investment reports and giving presentations. 

Financial analysts in India are currently thought to get an average yearly pay of INR 6,52,550.

Financial Manager

Financial managers are not just number crunchers but strategic leaders guiding organisations toward financial success and sustainability. Financial planning, risk assessment, capital management, and financial reporting represent just a handful of the duties entrusted to financial managers. Additionally, they are tasked with vigilantly monitoring an organisation’s cash flow to guarantee the availability of adequate resources for fulfilling its commitments and operational needs.

In India, the typical annual salary for a finance manager stands at INR 15,50,000. Furthermore, the field of financial management is projected to witness a robust growth rate of 16% by the conclusion of 2032, surpassing the average growth rate observed in most other professions.

Investment Banker

In this complex world of finance, investment bankers stand out as the architects of major financial transactions. They are in charge of overseeing the portfolios of prospective clients who make investments across several businesses. Investment bankers offer their clients strategic financial guidance on diverse topics, ranging from capital allocation to restructuring. 

The average offered salary of an investment banker in India currently stands at INR 17,66,877 per annum.

Chief Financial Officer

The most coveted and prosperous career in finance is the role of a chief financial officer or CFO. Notably, CFOs are top-level executives responsible for overseeing an organisation’s financial health, managing financial resources, and guiding strategic decisions. From financial management to risk management and strategic planning, everything falls under the domain of a chief financial officer. Along with strategising the company’s financial health, they are also responsible for overseeing the financial department and mentoring financial professionals. 

As of 2023, the average salary of a chief financial officer in India is estimated at INR 35,67,938 per annum. 

To Sum Up

Pursuing a career in finance opens doors to numerous exciting opportunities across various sectors. Regardless of your passion for accounting, financial modelling, or financial planning, there is a position that fits your interests and qualifications. For individuals prepared to invest in their education and professional growth, the finance sector offers fresh challenges and promising career opportunities. Additionally, there are other online financial analysis course possibilities that you can look out for.

One such course to learn financial analysis under the guidance of industry experts is the financial analyst programme offered by KPMG in collaboration with Imarticus.

You will get to explore the complexities of investment banking, corporate finance, and private equity throughout this four-month financial analyst course. This programme further offers applicants benefits like career support, live online training, expert mentorship, certification, and more.

Check out Imarticus and get ready to pave an exciting career path in the ever-evolving realm of finance!

Simple ways to prepare financial statements for small companies

Posted on by Imarticus Learning

Thinking of building a successful career as a financial analyst? That sounds like a good plan. Because finance is one of the most lucrative industries with a wide range of high-paying jobs. Also, the demand for finance professionals is always on the rise across the world.

A professional financial analyst could be a great asset to any company. The role of a financial analyst is to help companies make important financial decisions. You would have to be an expert in interpreting financial statements — such as cash flows, income statements, and balance sheets.

Financial modelling techniques

If you love math and are good at analytical thinking, you can become a good financial analyst. For this, you need to be a natural planner, who can make quick decisions by evaluating facts. However, there are certain skills that you would need if you wish to build a successful career here.

And one of them is accounting.

Accounting involves managing financial transactions accurately and generating financial reports. You need to have the ability to maintain account books and prepare financial statements such as profit-and-loss and balance sheets.

Financial statement preparation involves several steps:

Preparing a list of all sales or gross receipts and dividing them into various well-defined categories.

Preparing a list of all expenses and categorizing them accurately.

Reconciling checkbooks and making notes of outstanding items, if any.

Doing all these tasks manually can prove to be cumbersome and time-consuming, especially if you don’t have the experience. Any errors here can affect businesses and even hurt your reputation as a financial analyst.

Easy ways to prepare financial statements

If you are looking for shortcuts, here are two easy ways to ready yourself for financial statement preparation.

Using spreadsheets

Most people use Microsoft Excel to prepare their financial statements. The latest version comes with readymade templates that can make your job easier. There are options to create new templates too, which can be very useful in the long run.

Excel is quite a straightforward application to use. However, financial statement preparation in Excel requires a thorough understanding of accounting.

You will have to build an entire chart of accounts with unique account numbers and account descriptions.

You then have to post transactions using journal entries, after accurately categorizing the amounts into debit and credit columns.

You will also have to create a general ledger that will work as a base for your financial statements.

Using spreadsheets for financial statement preparation requires manual entry, which might lead to errors. And if you are using an older version, you may even run the risk of losing your data. A better alternative would be to purchase accounting software.

Using accounting software

Using an accounting software solution is, by far, the easiest way of preparing financial statements. There are many benefits of using an accounting software system:

Accounting software solutions have readymade templates for ledger accounts that can be directly used.

Posting transactions becomes all the simpler with automatic categorization and calculations.

At any point in time, you can generate any report or financial statement, at the click of a button.

The results are reliable and accurate, with minimal effort from your end.

There are several accounting software solutions readily available in the market. There are also options to get customized software developed as per your requirements. Although these might seem expensive initially, the ease and convenience they bring make your investment worthwhile in the long run.

Building your career as financial analyst

While financial statement preparation is one aspect, there are many things you will have to learn if you want to build a career as financial analyst.

Many institutions and universities offer different certification courses for students who wish to learn financial analysis. Apart from classroom training programs, there are also online courses that you can pursue, right from the comfort of your home.

If you are looking for a holistic learning experience with career services, Imarticus Learning could be your best bet.

Being an award-winning end-tech company, Imarticus Learning offers a step-by-step process to unleash your maximum potential.

Their team of professionals will guide you through your entire career as financial analyst.

Whether you are a freshman trying to build a career or a professional looking at upgrading your skills, you can count on Imarticus Learning.

They empower you with all the tools and resources you would need to achieve your goal.

They also provide one-on-one career coaching, customized mentoring, masterclasses, gamification, simulations, and comprehensive resources.

Imarticus Learning provides access to some of the best educational programs by collaborating with reputed universities and educational institutions.

Being a global company, Imarticus Learning has established centers in most of the well-known cities in India.

Visit their website to learn financial analysis easily and conveniently. Their team of professionals can shape your future and give your career that much-needed boost.

Here’s the course you need to take to become a financial analyst in 2023

Posted on by Imarticus Learning

Financial Analyst (FA) is one of the best jobs in the financial services industry. As Financial Analysts(FA), one needs to identify opportunities and evaluate outcomes for business decisions. They also need to build various investment strategies.

You can work as FA either in a junior or a senior capacity in a reputed financial services firm. First, you need to take a Financial Analyst course with placement. Becoming a Financial Analyst with the help of Financial Analyst training is the best way. Imarticus Learning offers a Financial Analysis Pro degree course. It aims to equip you with industry-related skills and professional knowledge about finance.

Components of the Financial Analysis Prodegree course

 

The Financial Analysis Pro degree course is offered in collaboration with KPMG. It is a leading management consulting and auditing firm in India. The FA course covers almost everything. It covers all the important factors, from investment banking and corporate finance to private equity. The course consists of 180 hours of professional skill development. You get the best faculty. It is a combination of theory and practical training. Out of these, 25 hours are taught by KPMG faculty.

The course offers both live and online training. You get theory and practicals. For instance, financial modelling exercises, cash flow projections, etc. Hone your Microsoft applications skills. The course covers from financial statement analysis to modelling and valuation methods, equity research and transaction execution. It offers the best industry certifications. The course can successfully launch your career prospects in the financial services industry. Interact with live faculty and get your doubts answered.

Imarticus Learning’s specialised Learning Management systems provide you with course material. Get the chance to work in various simulations. This accelerates your learning process. As part of the all-around professional development, the course offers resume building, LinkedIn profile building and mock interviews. Get mentored by industry experts. Every student has a specially appointed industry expert appointed for this purpose.

The course is specially designed in association with KPMG experts. It includes all the latest standards of learning. Their mentorships continue during your professional careers too.

Accounting and Financial Modelling

This covers accounting principles and financial analysis. It establishes the links between these. Learn to measure value creation at the firm level. Understand the financial statements of real-world companies. You can perform ratio analysis and use discounted cash flow techniques. This helps to build financial models. The course covers capital budgeting and accounting. It has all aspects of theory and practice.

Valuation and Corporate Strategy

Strategy is essential for every success. This module covers the strategic analysis processes. Also, it later covers types of decision-making processes. It helps to perform in-depth analysis and identify strategic alternatives. Get insights into strategies. Analyse the competitive forces and key players. You understand the business ecosystem more. Study business strategy using Porter’s model, SWOT analysis and the PEST model. Learn about internal analysis of the business. Study core competencies and value chain activities. Study how businesses can retain their competitive advantages.

Equity Research, Merger and Acquisitions and Job Readiness

Equity research analysts are expected to write detailed equity research reports. It includes updating financial models, company valuations, etc. During mergers and acquisitions, get details about companies under consideration. It helps you understand your candidates better. Learn the strengths and competencies. This helps you know to continue a merger or takeover situation. Create a financial model for valuation. It helps the acquiring company to understand the total budget for the merger.

The course covers other skills like excel, advanced excel, and PowerPoint presentation.

Conclusion

Are you someone who loves finances? Do you enjoy numbers, calculations and making math-driven predictions? The Financial Analysts course is for you. The FAP career is competitive. Thus, you need all the professional training and skills. This course helps you learn from industry experts. It offers you classes given by industry experts and stalwarts.

As Financial Analyst, you work in many work environments. You get exposure to different industry sectors. We can seize the many opportunities for advancement. Your career progresses with time after the completion of the course. This field is exciting and keeps you always on your toes. You never get bored in a high-energy work environment. Also, the course offers you good job opportunities. The chances of you getting a job with a high pay scale is high. You get your hands on modern AI and ML technologies. So, it’s important to always stay updated. You need to get educated periodically.

Want to learn more?

Visit Imarticus Learning to understand all about the Financial Analysis Prodegree course. Contact us through chat support. Visit our training centres in Mumbai, Thane, Pune, Chennai, Bengaluru, Delhi, Gurgaon, or Ahmedabad.

I decided to become a financial analyst: Here’s how I did it

Posted on by Imarticus Learning

I decided to become a financial analyst: Here’s how I did it

With increased competition, more and more creators and brands are enhancing their social media marketing through creative content strategies. On top of that, every few months, Instagram changes its internal preferences for ranking content to show to its users. In 2022, Instagram has seen one such algorithm update, which has left business owners and creators experimenting with new marketing tactics.

If you are a digital marketer looking for expertise through a Hubspot digital marketing certification course, or similar platforms, first read this blog to build your base on Instagram’s 2022 algorithm.

What does the Instagram algorithm mean?

Have you ever noticed that more such videos will appear on your Explore page if you like a few cat videos? Similarly, if you interact with a friend on Instagram, you will rarely miss a post or story by them. That’s the Instagram algorithm’s role, a crucial chapter in digital marketing online training.

The algorithm is a set of related rules that determines content ranking on the platform. Depending on your usage pattern and content preferences, the algorithm chooses what content will show up on your feed, what its order will be, and more.

What is the 2022 Instagram algorithm focusing On?

Along with a Hubspot digital marketing certification course, crucial learning about Instagram’s algorithm happens when you create content yourself and observe the content of other creators and posts.

Here’s what the current algorithm has been delivering to our feeds lately.

  • In feed posts and stories

The algorithm has gotten better at predicting the content you will engage with. It focuses on the post’s key features, such as the video duration, likes, and the presence of location in the post.

It also analyzes whether you have engaged with the previous content from that account. Have you exchanged DMs? Have you liked, saved, or shared their content, and so on.

Finally, feed posts are also prioritized based on your Instagram activity. For example, if you open it scarcely, Instagram will show you top content pieces from your most-followed accounts only. On the other hand, if you are a frequent user, you will get more recommendations for the content you may like.

  • In the Explore tab

For the Explore page, Instagram looks at the kind of content you have previously liked. So, for example, if you enjoy watching football videos, you’ll see more of them from different football-related pages on your feed.

It is a great space for digital marketing online training students. Yes, the Instagram algorithm analyzes every single piece of the posted content on the platform. First, it assesses the metadata, which includes captions, hashtags, image alt-tags, music, and more. Then, based on this information, it distributes content so the user can easily access the pictures or videos they like viewing the most.

  • In Reels

With Insta Reels, the target of the Instagram algorithm is to retain a user for as long as possible. It thus recommends videos that you are likely to watch till the end. On reels, you are likely to watch content from pages that you don’t follow yet but are likely to follow. Lately, Short Reels (<12-15 seconds) with trending music, relevant hashtags, and a good amount of shares on them are the best-performing reels on Instagram.

Tips for mastering the 2022 Instagram algorithm

  1. Focus on making relatable reels

Reels have taken Instagram by storm, and they are here to stay. Everyone has pivoted their content marketing strategy, from mega influencers to small businesses and MNCs, to include more reels. As a result, reels are a significant part of digital marketing online training.

  1. Try to drive engagement

The first thing to know when you learn digital marketing is that engagement is a primary driving factor for the algorithm. The more people like, share, comment on, and save your content, the better it will perform. In Instagram Stories, for example, using one of their stickers, such as polls or the reaction bar, could get you more views. Likewise, encouraging people to comment on something related to the topic could do well in posts.

  1. Be consistent and track performance

Instagram favors content from more active accounts that engage with their audience regularly. Posting content consistently thus works well. At the same time, tracking your performance under Instagram Analytics can give you more insights on where to improve, what kind of content your audience likes, what time is the best to post, and other tips to learn digital marketing practically.

Learn digital marketing

We have something for you if you have explored a Hubspot digital marketing certification course and other digital marketing online training courses. At Imarticus, we have just the right PG Program in Digital Marketing for freshers and individuals with <2 years of experience. You train under industry experts, work on real-time capstone projects, and get guaranteed placement opportunities with this program.

Explore more about our Digital Marketing Program and its curricula. Then, if you want to know more from our experts, reach out on our chat support or drive to our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Delhi, Gurgaon, or Ahmedabad.