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Tag: career in Fintech

The Fate of Crypto Hedge Funds: Observations and Predictions for 2021

Posted on by Imarticus Learning
Reading Time: 2 minutes

In 2021 over half of crypto hedge funds will go belly up. Around 20% percent that is still in business by this time next year won’t last much longer, though, so investors must be proactive and cautious when evaluating the viability of a fund before investing their hard-earned money into one. On average, these new ventures tend not to survive more than five years on account of competing against traditional investment opportunities with lower risk profiles such as stocks and bonds.

They also have difficulty attracting talented programmers due to lackluster paycheques compared to other lucrative professions like software engineering or data science, which offer better compensation packages alongside flexible work schedules often lacking among those interested in joining cryptocurrency development teams.

best Fintech courses in IndiaIn this article, we’ll discuss how to get into a career in FinTech and take an overview of some great online classes for those looking to sharpen their skills at one of today’s hottest industries!

Cryptocurrency Course

The cryptocurrency course will change the way you think about money. Imagine being able to decide how much of your paycheck goes into stocks, bonds, and other investments!

Or what if people got paid based on their contributions instead of hourly wages? How would that affect the American economy? These are just a few examples; start exploring for yourself with this dynamic class today.

To get a deep understanding of cryptocurrency, you should pursue an MBA in FinTech. There are many institutes available to provide online courses on different facets of cryptocurrency. Imarticus Learning is among those schools, and you can find out more about its course offerings by visiting the website now.

Who can do a cryptocurrency course?

Many people want to get their hands on cryptocurrencies, and they don’t know where to start. There is an online course called “Cryptocurrency Investment Course” that teaches you how it all works. It’s the best place for beginners because it teaches you about Bitcoin and Ethereum, Litecoin, Ripple (XRP), NEO (NEO) as well!

Can I do Cryptocurrency Course after Graduation?

Yes, you can!

Imarticus Learning got just the courses for all your crypto learning needs. Whether you’re a beginner or an expert trader with years of experience under your belt – we have something to offer everyone.

Cryptocurrency is an emerging field where knowledge can be a commodity. To keep up with this rapidly-changing industry, you need to stay on top of the latest trends and developments in cryptocurrency by taking courses like Cryptography Fundamentals or Bitcoin for Beginners online today!

Conclusion:

As the cryptocurrency market continues its volatile trend, more and more investors are looking for investment vehicles that offer stability. While many crypto hedge funds have been launched in recent years to address this issue, few remain standing today. In 2021, it is likely only a handful of these will still be around (though there may be some new ones).

If you want to make your career in cryptocurrency you can pursue our best online MBA courses in FinTech, and we hope you feel more prepared to decide on your education. If you are still undecided, please take advantage of our free consultation to start exploring what it is that will work best for you. Please Enquire Now.

Is Embedded Finance the Next Evolution in Fintech?

Posted on by Imarticus Learning
Reading Time: 3 minutes

What is Embedded Finance?

 Over the decade banking services like lending, payments, remittance have shifted from being under the sole purview of banks to non-bank service providers. The various financial services have come to be embedded within the software and applications of the non-bank providers streamlining both customer and business enterprise experience. Embedded finance or embedded banking, as is popularly termed, is the future of Finance Technology (abbreviated Fintech).

It is essentially the merging of a non-financial service provider, for example, a telco or local SaaS business, with a financial service provider.

best Fintech courses in IndiaWith embedded finance reshaping and creating new roles for technology companies in the financial world, a career in Fintech will prove to be highly rewarding in the coming years.

For this, it is imperative to know what is a Fintech professional and the best Fintech courses in India that one can opt for.

Role of Embedded Finance in the Industry

With the world increasingly adapting to the digital revolution, businesses, both local and international, are looking forward to expanding their horizons to provide banking services ranging from providing loans, cashless payments, credits, debit cards, and e-wallets. Earlier businesses had to create a Fintech arm within the company costing a fortune to oversee the financial operations.

However, with embedded finance infrastructure, this disadvantage has been overridden resulting in almost double the normal profit. And with the disappearance of third-party banks, the process becomes smoother for the consumer. It lures the customer with its easy transaction process thus monetizing him/her and expanding the business.

Apart from integrated payments, the other high point of embedded finance is the ease of accessing in-app credit programs and loans, enabling the customer to complete a purchase without leaving the app and converting it into an EMI at the checkout point as is seen with Amazon.

Embedded card payment involves the creation of the company’s own cash card in exchange for a white label debit card. The cash card is linked to the user’s bank account giving him direct access to his user balance. This can be arranged by the company at a small interchange fee with the partner bank.

Embedded insurance is also being integrated into the buying experience of customers to seamlessly complete the procedure of insuring a car or home or other such purchases without the inclusion of a third-party insurance company. This is not only cost-effective but also saves a lot of time and pain on the part of customers as demonstrated by major automobile companies.

Embedded banking has taken a step forward in the evolution of the Fintech industry by taking investment into its territory. Investment has always been a tricky affair for the common man. With API-based brokerage firms leading the way for embedded investments, it is no longer a faraway dream. Platforms have integrated stock market investing by building microservices beginning with opening an account and ending with trading and market data.

The Way Forward

Fintech Infrastructure stands upon three pillars – digital platforms, financial institutions, and embedded finance infrastructure companies. To make each of these pillars functional data science, AI, cloud management, and blockchain development work together. To understand what is a Fintech professional’s role and how to make a career in Fintech, you can check out the professional Fintech certificate course.

It is best to start young if you are looking forward to making a career out of Fintech and especially embedded finance. One can choose from some of the best Fintech courses in India and opt for a subject of his/her choice. An undergraduate course in finance, economics, engineering, commerce, or management followed by post-graduation in the specific field can open avenues for youngsters and aid them in building a lucrative career in Fintech.

Here Is How Imarticus Learning & SP Jain Managing To Create The Finest Fintech Experts of India: An Interview With Abhilash Chatterjee

Posted on by Imarticus Learning
Reading Time: 5 minutes

Fintech coursesWith a passion for learning, some people start a journey that leads them to never-ending growth. Idealizing ‘A Winner never quits, and a Quitter never wins,’ Abhilash Chatterjee paved a path for him in one of the most challenging industries.

Abhilash is a professional and a seasoned Techno-Commercial Professional with 20+ years of professional experience in the BFSI/Fintech, Mobile Entertainment domain.

Find out more about Abhilash’s journey and his experience at Imarticus from this recent interview with Team Imarticus.

  • Could you tell us a bit about yourself and your professional background?

Abhilash: Sure, to start with, I am a Mumbaikar and have done my Bachelors in Electronics Engineering.

I have 20 plus years of experience in the IT/Telecom and BFSI industry and have worked in various positions and roles (International Business Development, Product Management, Presales) over these years.

I had the opportunity to work with Various Industry Bigwigs and multinationals like Huawei, First Rand SA, Aditya Birla, Reliance, Essar, Bharti, Spice Group, etc.

Also, being in Presales/Business Development for a reasonable period, I had the opportunity to visit almost 44 countries Globally and live and work as an NRE in South Africa, Kenya, Ghana, and Nigeria. This helped me work with people of various cultures and ethnicities and have a global outlook and approach.

Fintech courses in India

  • What are your thoughts about India’s Fintech Revolution?

Abhilash: India has emerged as one of the fastest-growing fintech hubs in recent years. Concepts like paperless lending, mobile-first banking, secure payment gateways, mobile wallets, etc., are no longer a distant dream; it’s already happening.

Thanks to fintech companies for understanding consumer requirements, pain points and serving them more seamlessly than ever before. A recent report by Boston Consulting Group (BCG) and Ficci that India would realize a fintech sector valuation of USD 150-160 billion by 2025 further reinstates the country’s strong growth potential in the coming years.

The report, titled ‘India FinTech: A USD 100 Billion opportunity’, noted that over the past five years, Indian fintech companies had raised about USD 10 billion from investors all over the world, catapulting the sector’s total valuation to an estimated USD 50-60 billion The rise and rise of fintech startups India has seen a sharp rise in the number of fintech firms – that too in a short period.

Of the over 2,100 fintech firms existing in India, 67% have been set up in the past five years. India’s FinTech ecosystem continues to be aided by strong customer demand, the country’s diverse capital flows strong tech talent, and enabling policy frameworks. I Strongly feel that India is at the Cusp of the Fintech Revolution and opportunities for professionals are simply immense in this field.

  • Can you elaborate on your professional experience in the BFSI/Fintech, and What do you think is the future of Fintech in India?

Abhilash: Having seen and been part of both the Internet and Mobile Revolution, in addition to this Fintech Revolution, I have been lucky to be a part of a lot of initiatives, be it mobile wallets, digital banking, Payment systems like Each/UPI, etc., Pay later, Digital Lending, etc.

With IoT-enabled devices and AI/ML-based lending and collection systems, I see many Digital transformations happening in India. We have already started with Digital Transformation, and I guess that the entire process will be paper-free for the next 5 to 10 years.

I see the Digital revolution, especially with Whats app banking touching the masses, and also rural MFI/NBFC will soon adapt and embrace. We will see more digital branches and less need for physically going to branches to get the services executed.

Also, in the Space of Regtech, Insuretech, I see a similar Revolution. With the help of digital Identities, people would be able to Purchase and Transact Financial products in a more seamless manner without any human intervention.

  • How does your day at your workplace look like?

Abhilash: To be frank, very hectic. Due to the current covid crisis being unable to Travel or meet people physically, it does become challenging to get things going. But slowly but surely, getting adjusted to the new norm of Zoom/Google meet, etc., and adapting to the new way of executing things.

  • What keeps you busy while you are away from work?

Abhilash: Well, Frankly, nowadays, it’s my Daily reading habit, especially the current affairs and what’s happening globally related to Fintech/Crypto/BFSI and 30 to 45 minutes at night before sleeping watching Nat Geo/Discovery/Netflix.

  • Who is your role model?

Abhilash: Well, It’s Bill gates. I am genuinely inspired by the Bill Melinda Gates Foundation, which works tirelessly and across the globe in various countries as a non-Profit Organization transforming the lives of people and help in Financial Inclusion and banking the Unbanked/Underbanked. I believe they contribute a lot to society in terms of Bringing Financial products to the underprivileged masses.

  • Can you share your experience of SP Jain School of Global Management and Imarticus Learning’s Professional Certification in Fintech?  How has it helped you in your professional life?

Abhilash: The best time and money investment I could make after spending 20 years in various fields and positions to upgrade my Skill sets and be at par with the best professionals in the industry. I had researched a lot about the professional courses available in the market but ultimately squared in on Imarticus because I had got excellent feedback from the previous cohorts. Also, one thing that made my decision easy was the informal approach and attitude of all the staff concerned with the course.

I felt different in this program because the guest faculty were all from the Industry and had rich global experience with hands-on experience on Real-time projects executed in BFSI/Fintech. Thereby the information and knowledge gained from them are not like it happens in the conventional courses from conventional professors but from real-time working Industry Professionals.

Also, with the help of FLP (Future learning program), even after the batch is over, can attend lectures by various industrial professionals on recent topics and Fintech Developments. This continuous learning program is simply fabulous for the ever-evolving world of Fintech; it helps me keep up to date. As a professional, I truly feel delighted with the decision of having enrolled in this course.

Abhilash: I enjoyed all sessions and used to wait for weekends to get going. However, if I still had to pick, I would say sessions on AI/ML, Deep learning By Rajat, Neo/Digital Banking By Shrikant, and the one-on-one mentorship By Vikram in getting the basics in place.

Fintech courses

  • Did you receive adequate support from the SP Jain and Imarticus Learning Faculty?

Abhilash: Without exaggerating, it was 24*7*365. Simply amazing. It has never happened that I have raised a doubt/query during the course, be it during the course or as an afterthought later, and it has not been answered. The faculty is just a Whatsapp/call away. I liked the informal and Happy to help (always a one-on-one) approach by all the faculty members.

  • Do you have any tips for people who want to become a part of the Fintech industry?

Abhilash: Fintech is huge. There are various components: Regtech, Insuretech, Lending & Payments, Blockchain/Crypto, IoT, and AI/ML.

I suggest one needs to understand all at a basic core level but pick up one or two of these components and specialize.

I personally (with my experience) would suggest professionals who want to take up or upgrade to a Fintech career should attend a professional course and try and specialize in one of the above, whichever interests him/her the most.

Keen to be a FinTech Expert? This program makes you think like a CEO running a FinTech company

Posted on by Imarticus Learning
Reading Time: 3 minutes

FinTech is a relatively new field that has evolved rapidly over the past few years. Thanks to new start-ups and technological innovations by corporate giants, FinTech is changing the entire financial services models. It has generated a lot of interest and jobs for people keen on pursuing an exciting career in this industry.

If you are looking to build a career in Fintech, then this article is for you.

Fintech course in IndiaIt covers a broad overview of FinTech, which includes:

  • About FinTech
  • Education qualification
  • Online FinTech courses
  • Skills required for FinTech career
  • Career path in FinTech
  • Future scope of FinTech

About FinTech

FinTech is a combination of two terms – financial and technology. It optimizes banks and financial institutions’ performance by assisting them in delivering quick services. It eliminates the need of relying on traditional methods by bringing a new dimension to the finance sphere.

People are increasingly turning online for everything. In the financial sector, this shift has given rise to digital banks, online payments, etc. These technologies make it easier for consumers to use their money from the comfort of their homes.

Due to its advantages, FinTech is becoming one of the fastest booming sectors of the economy and accelerating the ways the entire financial industry works.

Education Qualification

If you are interested in making a career in the FinTech industry, then the first step you need to take is to get a basic graduation degree. A degree with a specialization in marketing, computer science, mathematics, etc. would be a plus as it will provide you with a technical and analytical background.

Apart from the degree, a certificate course or diploma in FinTech would increase your chances of landing a good job in this industry. It is essential to have full-fledged knowledge about FinTech before starting your career journey in this domain.

Online FinTech Courses

Imarticus Learning offers a professional certificate in FinTech that provides hands-on training experience along with conceptual knowledge of this domain. The course teaches students through real-world case studies, cloud computing and blockchain projects, artificial intelligence, RPA (Robotic Process Automation), and interactions with FinTech experts.

The core modules of the program focus on broad coverage of the subject and include concepts like:

  • Introduction to BFSI & FinTech
  • Blockchain & Beyond
  • Cloud Computing & API Economy
  • Digital Transformation & RPA

 The pro modules will provide in-depth coverage of payments & lending through concepts like:

  • Payments – Consumer and Wholesale
  • Lending – Consumer and Wholesale
  • Use of Technologies in Payments and New Business Model
  • Use of Technologies in Lending and New Business Model

The course will equip students with knowledge of various domains like Cryptocurrency, Machine Learning, API (Application Programming Interface), IoT (Internet of Things), etc.

Skills required for FinTech Career

FinTech is a dynamic space with new technologies coming up constantly. To become a successful FinTech expert, you need to possess certain crucial skills that will help you think like a CEO of a FinTech company. These skills include:

  • Analytical skills
  • Problem-solving skills
  • Decision-Making skills
  • Programming skills
  • Team working skills
  • Financial knowledge
  • Communication skills

The FinTech course in India will help you master these skills and provide you the ability to apply these skills in the real-world business environment.

Fintech Course in IndiaCareer Path in FinTech

There are a variety of job roles that you can take after successful completion of your FinTech course and/or gaining some experience in this industry. The career path includes:

  • Design Thinking Specialist
  • Digital Transformation Manager
  • Regulatory Affairs Counsel
  • Process Automation Lead Developer
  • Blockchain Strategy Manager
  • Cloud Infrastructure Architect
  • Chief Information Security Officer
  • Chief Product Officer
  • RPA Project Manager

Future Scope of FinTech

The FinTech industry is currently in its early stage. Over the years, it is going to widen its roles and scope. A report by PwC suggests that 84% of insurers will enhance FinTech partnerships in the coming 3-5 years span.

It will give rise to a lot of lucrative career opportunities in this industry. The developing ecosystem, controlling valuations, and shifting regulations are likely to shape a positive future of this industry. If you are looking to make a career in FinTech, this is the right time for it.

Related Article:

https://imarticus.org/want-to-start-a-fintech-career-heres-your-ultimate-guide/

Skill up to Scale up- India in The Next Decade | Imarticus Learning | CEO Talks!

Posted on by Imarticus Learning
Reading Time: 4 minutes

There has been an unheard of upward push in the wide variety of lay-offs, furloughs and agencies shutting down over the previous few months. Process uncertainty, a sour pill to swallow, has affected lakhs throughout the board, no matter in which they stand at the company ladder. Inside the wake of this phenomenon, working specialists have become to on line guides to upskill themselves and stay beforehand of the curve.

So have recent and sparkling graduates, who discover themselves facing an upturned task marketplace with all doorways efficaciously barred for all however the great of the lot. Analyses have discovered that the fields of synthetic intelligence, statistics technological know-how and machine getting to know were maximum sought out in terms of on line guides of varying lengths.

Up-Skilling through Online LearningIf you’re seeking to get educated on-line in the equal fields, you’re inside the right area. If you’re still at the fence about on-line publications in popular, here is a complete list of advantages that you may expect to gain:

Flexibility in the time and region of studying

You get extra flexibility in analyzing on-line. You may look at more effortlessly round your existing work agenda (and your pastimes). This advantage is a lot better felt when you’re taking a category that lets in you to study and do assignments at your very own tempo.

You can additionally pick out your selected paintings environment as well as use your personal technology to grant your gaining knowledge of as you spot in shape. The most effective stipulations to on-line gaining knowledge of are a strong internet connection and pc, pc or telephone that you could attend your guides on lower costs.

For fresh graduates and new professionals, it could be tough to justify dropping thousands on yet another university course or diploma. However, selecting online guides reduces costs with the aid of a massive level. You might need to pay fixed fees– which include lessons charges and e book purchases– however you’ll discover that the fees of tour, transport and further daily prices lessen substantially.

Up-Skilling through Online LearningOur modern-day #CEOseries functions attractive commercial enterprise conversations with prominent industry leaders as we delve into professional insights from a number of the maximum reputable names within the corporate world.

This is specifically beneficial if you’ve were given your eye on a direction from an international university however haven’t been capable of justify the costs of accommodation, stay and visas. A much wider variety of guides.

The remarkable adjustments throughout economies, the paradigm shift in the way companies are run nowadays – aided via technological improvements, and the much pointed out ‘new global order’, has pressured the company world to recalibrate their near & mid-term desires. The optimism that maintains to buoy the corporate world stems from its ability to be resilient after every disaster.

Opting for on line courses offers you a greater complete variety of topics and industries to pick from. Additionally, on line learning has made courses from international universities and establishments to be had to those in surely any country. By means of making schooling globally available, online learning drastically raises the scope of curriculums in addition to the requirements of teaching.

An overarching advantage of this extensive range is likewise that graduates and professionals are capable to connect with industry specialists in other nations, particularly if the united states of America they’re from does now not currently have the resources or the call for for such niche courses. Constructing specializations.

Conventional schooling structures often work to educate the basics of a website or subject matter; but, not many provide specializations which are both beneficial and affordable. This gap is one which on line gaining knowledge of can fill. Experts and graduates can fill gaps of their talent set or pursue an education in a spot subject matter through on-line publications.

Mr. Srinivasan’s storied professional legacy has achieved global recognition and admiration. With a career in financial services that spans more than 30 years, his accomplishments have propelled him to become a ‘CEO of CEOs’.

Prior to joining Aditya Birla Capital, Mr. Srinivasan served as the CEO of Fund Management at Prudential Corporation Asia, where he was responsible for the company’s astonishing growth in the Asian market. His expert guidance resulted in Prudential accumulating nearly $70 billion in funds during his time there.

 

Up-Skilling through Online LearningListen Mr. Srinivasan, credited with a success turnaround of Aditya Birla capital, and recognized for his ingenious business acumen, hard paintings, hazard and willpower, share his thoughts on how company India will emerge stronger, the growth drivers of the Indian economy, the upward thrust of fintech, the super improvements in digital financial system, and skilled human capital.

This is specifically beneficial for professionals who have sound core abilities and are ready for a higher degree of analyses or studies. This is also beneficial for all of us who wasn’t able to pursue a subject out of natural passion; it lets in interests and personal pursuits to be catered to without the chance of jeopardizing your present career. End

Whether or not it’s working specialists trying to invest their time in bettering their skillset, sparkling graduates hoping to feature a little more to their resume or individuals ultimately getting around to learning what they’re enthusiastic about, an increasing number of people are turning to online learning to upskill and complement their current understanding.

How Fintech Moved Successfully from Normal to Pandemic New Normal?

Posted on by Imarticus Learning
Reading Time: 3 minutes

Fintech was expected to earn great profits in the year 2020. Unexpectedly, due to global pandemic, a paradigm shift could be seen in the functioning of fintech all over the globe.

Although it hasn’t been an easy task for many companies to survive in these testing times, the brighter side shows that for some industries, this scenario has proven to be a bit beneficial.

Unlike other sectors or industries where daily operations used to take place manually, fintech is web-based and does not require any physical interaction. This has been the sole reason that has worked in the favour of fintech in such challenging times.

The successful shift of fintech during the new normal

There are specifically some sectors where fintech operations have accelerated. Some of the positives are discussed below:

  • Continual functioning of Banking Sector

Out of all the industries, banking has been the only one that functioned without any disruption. However tough the times were, banks functioned and transactions took place.

Banking and FinanceIt has widely been seen that people have very positively accepted fintech as their new normal. Unlike the usual times where people used to visit banks for even their balance inquiries, people nowadays have gained trust in the applications and portals under fintech.

Some companies worked without involving cash transactions and only accepted digital money. Usage of portals like PayPal gained popularity during the pandemic.

  • Ease in Regulations

This time has proven somewhat beneficial for fintech as there are many organizations which have adopted the policy of cashless transactions. Considering this, the government and the authorities may lower the regulations that are imposed on the fintech companies for their collaboration with these aspiring organizations.

By working hand in hand, directly or indirectly there is going to be a surge in the usage of fintech tools.

  • Retaining Cash

Considering the current scenario, people have nurtured the habit of keeping cash reserves with them. In such a situation, they tend to make use of fintech companies whether they are in favour of it or not.

banking and FinanceTo illustrate, earlier many amazon orders were booked with cash on delivery but people want to have their limited cash reserves with them and hence are paying online.

  • Dip in the number of lenders

Owing to coronavirus widespread, many money lending companies have restricted the lending capacity considering the current scenario of non-payment by the existing borrowers. They claim to restart lending activities with the uplifting of the coronavirus restrictions. In such a situation, fintech corporations are still operating widely in the market and people can borrow some money using fintech.

Not only the money, but fintech has also collaborated with various big and small companies for providing emergency and necessity items to the people. People, on the other hand, have accepted the involvement of fintech corporations in their day to day operations and they are satisfied by that to a great extent too.

Conclusion 

With a great demand for fintech in the present world, a stable and rewarding fintech career can be planned by gaining professional knowledge and fintech training through renowned institutions like Imarticus. One must always grab the opportunity as it comes your way.

Why Bookkeeping Bots Are An Important Part Of The Fintech Business World?

Posted on by Imarticus Learning
Reading Time: 3 minutes

Why Bookkeeping Bots Are An Important Part Of The Fintech Business World?

Bots can keep your records in various areas of your business and the bookkeeper can integrate the books of the various departments to help you get a complete overview to base your crucial budgeting decisions. No wonder then that the fintech startups focus on bots in record keeping and accounting.

Bookkeeping may be the most boring part of running a business. However, it is the very lifeblood of the startup or business and financial record keeping should never be neglected. Not just from the point of view of compliance or regulations but because it is advantageous in many ways that we are shortly going to look into.

Accurate records of financial transactions are the very same data culled for your forecasts and analysis, budgeting and management. When this is error-free it saves you a lot of time, effort and money in the long run. And in modern times, Fintech courses and data analysis techniques have evolved to a point where bookkeeping can be your best aid in a financial crisis or upheaval. Bookkeeping is progressive, helpful and is a must-do for growth.

Bookkeeping for business analysis:

Let us see how your bookkeeping affects your sense of analysis and business growth. our daily bookkeeping is the essential data that is being generated 24/7for analysis. It is an effective tool in the hands of decision-makers and guides management decisions.

No matter if you are a startup or small business, remember that your financial statements and records are the basis of assessing your financial health and are the first record verified when seeking funds for growth. That can only happen when financial discipline allows you to check at any moment your outflows and inflows of cash, where the returns on your investment have not been productive, or when you need additional funds to spur growth.

The fintech industry has come up with very many Fintech courses and applications to integrate the accounting system into all parts of the business and modern times require even a Botkeeper to man these bots that automatically take care of your bookkeeping, accounting, expenses, loan repayments, schedules of payments and a lot more.

Hence employing bots is not just to technologically innovate your accounting procedures but to give you an integrated real-time view of all areas of your business. Without doubts, the bots who are here to stay can spur you to success and leapfrog your enterprise to the next level.

Bookkeeping and budgeting:

Budgeting in firms and enterprises is not just about reviewing the past and setting aside finances for the future. The integrated process of budgeting with bots allows the analysis of they’re working the data into forecasts, ROI, comparative studies of investment patterns, and even provide clues as to potential risks and areas for improvement.

Effective managements rely on taking timely decisions and ensuring that timely funding is available. This means monitoring your expenses, being able to foresee the risks involved, creating a roadmap for projects and leveraging bookkeeping for growth. Fintech courses also teach you about vital developments like blockchains. The immutable single ledger system maintained by bots gives you the upper hand when budgeting or reviewing managemental decisions.

Bookkeeping and tax preparation:

Keeping track of your taxes, compliance and ensuring adherence to all regulations is another repetitive task that can become very complex and have disastrous implications when neglected. Since bots excel at doing such repetitive tasks, many a fintech startup focuses on applications meant to ease the pain in the area of tax preparation, reporting, and compliance. They are also exploring areas like RegTech which again is dependent on the tasks of effective bookkeeping.

Tax preparation when done manually requires careful scrutiny because of the errors that may creep in when financial records are unavailable, or when the view is too myopic.

Fintech courses are essential for those who keep the books and records because they not only allow you to paint and record the right picture but because they interact technologically with the other parts of your business and affect parameters like productivity, management decisions, growth, and efficiency. Well, that’s why bots take over repetitive daily tasks in business and are so essential for all businesses.

Parting notes:

It is clear that bookkeeping is a must for efficient tax preparation, budgeting, and business analysis. This is what the Imarticus Learning Academy excels in teaching its aspirants making a career in the financial markets. Fintech courses can get you career-ready and set for a unique assured placement. Join the Imarticus course today if you want to gain skills in these crucial areas. 

What Are The Career Opportunity For FinTech In India In 2019?

Posted on by Imarticus Learning
Reading Time: 3 minutes

What Are The Career Opportunity For FinTech In India In 2019?

Fintech’s has the potential to transform disruptively each and every industry. Its main originators the crypto market and blockchain technology are active in the hiring process. For terrible market and economic conditions, career aspirants still love a career in Fintech because of its potential and the emerging governmental assistance and thrust for fintech industries.

The present fintech job market:

According to Glassdoor reports, the annual jump in recruitments for this field for August 17-18 was 300% and median salaries paid in India were above the national average salary by a considerable amount! Upwork states that for employers the most sought-after skill was blockchain technology. Even venture capitalists in 2018 have boosted their investments 280% in blockchain industries.

All these statistics are excellent for those who are interested in making their fintech career. Of course, finding the right stable job involves doing Fintech courses / Fintech training to develop your skills, researching jobs, training for interviews and much, much more. It is still worth it at the moment.

So, let us quickly look at what jobs are being the leaders for recruitments.

The top draw fintech areas:

The fintech industries have shown tremendous success in the following verticals.

  • Education and banking segment
  • Advisories
  • Startups and accelerators
  • Logistics, marketing and supply chains
  • Real Estate
  • Sports, insurance, and healthcare
  • Entertainment and media
  • Other verticals: Law, crowd-funding, retail, e-commerce, investment platforms, cryptos, and more fintech startups are also recruiting.

The best job roles:

According to Glassdoor reports, youngsters will find the top US fintech careers in job roles needing an agile approach, seamless role adaptability, ability to work with startup limitations in resources and excellent multi-tasking skills. Marketing and sales, mobile-only apps, content writers, UI/UX and graphic designers, cloud management experts, product engineers, etc are also popular in-demand job roles typical of the fintech industry.

1. Software Engineer: The payouts are in the range of90,000-145,000 USD and in the US Blockstack, Chronicled and Axuall is recruiting.

2. Technology Architect: Companies like Bank of America, Amazon/AWS and the State of Colorado are hiring with payouts ranging from 100,000-160,000USD

3. Product Manager: The salaries can run from85,000-130,000 USD at companies like JP Morgan Chase, Cynet Corp, and Mediaocean.

4. Risk Analyst: These can get paid salaries from 85,000-105,000 USD and can find recruitments in Bank of America, Electric Power Research Institute, Veem, and such companies.

5. Analyst Relations Manager: The job fetches a median salary of 50,000-125,000 USD at companies like IBM, R3 or Accenture.

6. Front End Engineer: These can get paid between 70,000-125,000USD at companies like Binance, Gem, and Ford Motor Co.

7. Legal Counsel: These jobs pay100,000-190,000 USD at recruiting companies like Consensys, Figure, and BitGo.

8. Business Analyst: The payouts here are80,000-105,000 USD at hiring firms like NuArca, Bittrex, and IBM.

The required skills:

The trending tools, languages and technological suites required for a Fintech career today are

  • C Suite languages like C and C#
  • Python suite languages
  • Java Suite languages including Java, JavaScript ES6, JSON, js and Javascript.
  • Simplicity, Serpent, Solidity, Go, Rust and such languages.
  • SQL and NoSQL
  • HyperLedger Fabric.

Among the soft attributes required you must include

  • Innovation and creative thinking: These attributes are important in every evolving field where standard practices and technologies may not always be available. Remember to simplify attitudes and think afresh.
  • Intent, dedication, and passion: Understanding the intent of technology helps achieve the results for a better experience for clients who have a passion for new technologies. These attributes are a must with dollops of dedication thrown in.
  • The will to learn and humility: Emerging technologies and companies may be unstable. The will to learn helps build humility and the ability to take things in your stride in spite of hurdles.
  • Team spirit and communication skills: These attributes are non-negotiable for lean teams who are cross-functional and use Agile practices.

Basically, one must believe in the job and contribute to the company’s growth using the jumble-box of attributes and all skill sets mentioned above.

Key Takeaways:

High demand for professionals with certifications from Fintech courses makes fintech an excellent career choice. The industry needs professional accountants, managers, analysts, developers, programmers and such to grow and realize its potential.

At Imarticus Learning, you can quickly and easily pick up the practical skills required. Coupled with assured placements and certification this promising technology can disrupt your career and land you a well-paying job with growth and good pay packages. Start your Imarticus course today!

Which Courses To Take If You Are Considering Fintech as a Career Option?

Posted on by Imarticus Learning
Reading Time: 2 minutes

 

Which Courses To Take If You Are Considering Fintech as a Career Option?

Fintech is the morphing of Technology and Finance. The emergence of this sector has seen a revolution in the way financial transactions are being made. Blockchain technology which spurred the growth of the fintech industry is today adopted in almost every conceivable sphere of activity. Fintech combines the offering of financial solutions through the use of innovative technology like the blockchain, IoT, AI, and AR among many others.

Fintech is truly an innovation of a disruption in startups. It has brought to us Crowdfunding, Cryptocurrencies, New-age modern banks, Money Management Tools, and Lending Services Peer-To-Peer, amongst others. With such growth obviously the sector needs people who can help it grow. Demand has gone through the roof and supply is hard to find. Yes, this means payouts and salaries are high. No wonder everyone wants to join the fintech sector. 

Consider a career in Fintech
Certification in Fintech is an excellent idea as the industry is new and demand is high. The certification validates your skills and experiences to dive into the fintech world. For earning such certification, you will need to take up a good course like the Imarticus’ Fintech Pro degree. 

The Fintech courses offer a good grasp of basics, concepts, theoretical knowledge, practical skills and certifications that could help enhance your resume and career. They also offer boot camps, short term workshops, and knowledge valuable to enter the industry. Another advantage in such a course is of mentoring by certified and experienced industry aces that helps garner the latest best practices, techniques, skills, and practice on the latest trending technologies in the Fintech industry.

While certification helps you become an excellent communicator and work diligently to acquire the best analytical and business skills. You will need a basic degree in technology, finance or Management. Besides, technical skills in DevOps, IoT, Python, Machine Learning, Big Data, and Hadoop will definitely help.

Where the jobs are:
The Fintech industry badly needs personnel in
• Blockchain Technology
• Digital Payments
• Big Data handling
• Digital Wealth Management
• Analytics Solutions

Job roles available and in demand are for: 
• Project Managers
• Data management experts
• Sales
• HR
• Financial experts in various fields like equity funding, debt capital markets etc.

Non-transferable skills will need to be developed and aligned with the enterprise’s needs. You must have the following traits.
1. Interpersonal Communication skills
2. Ability to solve problems creatively.
3. Collaborative team skills
4. Ability to work with ambiguity, pressure, and demands from the startup environment.
5. Discipline and integrity since you will be working on financial transactions.
6. A good learner as there may be no SOPs.

Payouts: Definite standards in payouts are not present as of now. However, consider the fact that it is an emerging and rapidly developing sector. Demand for personnel drives larger payouts and growth of your career. According to reports on Glassdoor, the payments are very appreciative and second to very few.

Wrapping up:

The millennial babies will find excellent demand for them in the Fintech industries as digitized payments, services and technologies ensure an undying job market in the software, analytics, Machine Learning, Financial markets and services for the Fintech industry. Be prepared. Careers never happen by chance. They result from your choice!

Can You Have a Career in Fintech without Coding Knowledge?

Posted on by Imarticus Learning

Reading Time: 2 minutesTechnology has changed the way things are done, in almost every field conceivable to man. Be it healthcare or warfare, the advent of technology has had a significant impact on the proceedings. To no surprise, the financial world has also benefitted hugely from these advances, and the field of Fintech emerged in the past few decades.

However, many banking professionals are still apprehensive about getting into Fintech because of some misconceptions they have. You might think that the addition of tech into the financial world means that everyone must understand how to operate the tech aspect of it, and thus must know to code in order to survive.

However, that is not true – you can still have a career in Fintech despite having relatively less knowledge on how the code is written.

Can You Have a Fintech Career Despite not Knowing Coding?

The short answer is that yes, you can not only have a career but also be successful in the field without knowing how to write code extensively. Coding is usually used when organizations need to implement new software or make some changes in the way things are run currently.

To make these changes, it is always easy for the organization to hire a computer programmer, rather than insisting that it needs to be done by the Fintech professional himself. In fact, most banks and other large Fintech organizations have dedicated teams of coders who are always on-site in order to make such changes.

That does not render obsolete the other capable professionals working in the organization, so coding is not a necessity to work in Fintech.

Then what are the skills required to get into Fintech?

Since the field mainly deals with the financial world, you will definitely need to have a good understanding of how finances work and function in order to be successful at it. Even if you do not know how to code, you will also definitely need to be comfortable with technology. While there are many jobs that focus more on the business side of things, knowledge of technology is definitely going to help you get to where you want to.

You will also need to have a number of soft skills, as the finance world is an extremely soft-skill and relationship-oriented one. Communication skills are a must – you will find yourself having to coordinate and communicate with multiple teams and people, ranging from tech experts to customers on a daily basis. Therefore, your communication skills, both written and oral must definitely be of high quality.

Fintech organizations also hire based on the problem-solving skills of the person. A huge requirement of the job is that the person must be able to solve a lot of problems that appear on a daily basis, to ensure that the organization is running seamlessly without any interruptions. You will have to optimize constantly, in order to make things function quicker and more efficiently in order to get a head start on the competition.

If you are looking to get into Fintech, there are a lot of Fintech courses that can help you dip your toes in these deep waters. The Fintech online courses offered by Imarticus Learning is a great place to start at.