Financial Analysis: India’s GDP and Fiscal Situation Seem Back on Track in 2021

The recent COVID pandemic has harmed the GDPs and fiscal situations of countries across the globe. Financial analysts were the only ones that could help investors and companies to go through the challenges of the COVID pandemic. However, the COVID scenario in India is now under control and businesses have started their operations.

According to the latest financial analysis reports, the GDP and fiscal situation in India are back on track. 2021 has brought a new opportunity for businesses to generate huge revenue and gain returns on investment. Read on to know more about the current GDP and fiscal situation of India and how financial analysis helps.

Understanding GDP and fiscal situation 

As a businessman or a financial analyst, you should be familiar with the terms like GDP and fiscal situation. GDP (Gross Domestic Product) refers to the market value of all the finished goods/services produced within the country. GDP is strictly applicable to the products and services produced within the borders of the country. The current GDP of a country is used by businesses and investors to make strategic decisions. GDP lets us know about the economy and producing capacity of the country.

Along with GDP, the fiscal situation of a country is also important in evaluating the economy. A strong fiscal position of a country is good for businesses and investors. If a country has its expenditures less than total revenue generated, it has a strong fiscal position.

financial analyst coursesIf a country experiences a fiscal deficit (expenditures are more than revenue), it will also hamper the continuity of businesses.

GDP and fiscal position are important terms for a financial analyst to carry out the research process. If you are searching courses for financial analysts, you should have a prerequisite of GDP and fiscal position.

Current GDP and fiscal situation of India 

 For the first quarter of the 2021-22 financial year, the GDP in India has grown by 20.1%. The lockdown imposed by the government during the peak-COVID time severely affected the production of services and goods. Now, businesses and production houses are allowed to operate which has led to an increase in GDP for the first quarter. Construction and manufacturing sectors in India have shown the most growth in the first quarter of the 2021-22 financial year.

The revenue collection of the Indian government will also be better in 2021. High GST collections by the Indian government have narrowed the fiscal deficit. The fiscal deficit for the first four months of 2021 came to a nine-year low due to better revenue collection. All these details are closely studied by financial analysts. You can also search for courses for financial analysts and build a successful career.

 Perfect course for financial analyst

Among the many financial modeling courses in the market, Financial Analysis Prodegree offered by Imarticus Learning is the best. Its industry-oriented curriculum designed by KPMG makes it one of the best financial modeling courses in India. During the pro-degree program, you will work on six real-life projects to know more about industry practices.

best financial analysis coursesIt is a type of chartered financial analyst course that is self-paced and tech-aided. You will also be eligible for the placement assistance provided by Imarticus towards the end of the financial analysis course. Imarticus has successfully helped around 2400 enthusiasts to build their careers with their courses.

 Conclusion 

chartered financial analyst course can help you in knowing the techniques used in the industry to make better decisions. You can learn to evaluate businesses, investment ventures, and projects with a financial analysis course. Start your financial analysis course with Imarticus now!

All You Need To Know About CFA Degree and How Much CFAs Earn in India?

A financial analyst is a professional with the financial skills needed to analyze financial information and make financial decisions. A chartered financial analyst (CFA) is one of the most respected titles in finance, with CFA holders earning more than other professionals on average. They have financial competency and business knowledge. Some roles a Chartered Financial Analyst plays are:

  • Make decisions about companies, stocks, and industries to make money.
  • Track performance of stocks & collect data for interpretation.
  • Track and financial research positions (organization/industry).
  • Evaluate current and historical data.
  • Study financial statements to estimate value.
  • Study economic and business trends.

What are the courses for Financial Analysts?

The financial analyst course is a three-year undergraduate program that includes financial market theory, financial accounting and reporting standards, corporate finance, investments analysis.

Capital Market coursesThis chartered financial analyst course covers security valuation methods risk management techniques such as derivatives securities options and futures markets. It guides students on tools used by investment professionals to assess various risks and rewards of trading in different sectors or industries groups.

The CFA designation provides graduates with valuable skills necessary for employment opportunities at global banks, asset management firms, hedge funds brokerage houses, insurance companies, etc.

Different levels of CFA Degree:

A CFA Program guides and tests the fundamentals of investment tools, valuing assets, portfolio management, and wealth planning. Here’s the process for the degree:

Pass CFA Exams: CFA Program is a three-level curriculum, each with an exam. Passing these levels is a prerequisite to obtaining the degree.

Achieve Qualified Work Experience: Complete work experience in roles involving investment decision-making or similar value proposition.

Submit Reference Letters: To support membership application, provide professional references to testify your work experience and professional character.

Apply to Become a Charter-holder: Finally, you can apply for regular membership at the CFA Institute. Once approved and you join CFA Institute, you earn the CFA charter.

Importance of having a CFA Degree and how much do CFAs earn in India?

Your CV stands out:

The CFA curriculum, qualification, and charter stand out clearly on the resume since not many can claim to be one.

More time and cost-effective than other financial modeling courses:

Getting a CFA qualification is valuable for professionals who want to get into Fintech. It is a practical path for those with less time or resources.

Instant Credibility and Industry Respect:

CFA is the most prestigious & valued qualification in the finance & investment industry. The intense process that candidates go through before getting the charter is valued everywhere. Upon stepping into the industry, CFA charter holders gain instant recognition and respect, making it easier to take up exciting job roles.

Networking opportunities for better career growth:

The charter holders and CFA societies are present worldwide to give candidates access to more resources to boost career prospects. Being part of these societies increase networking opportunity and chances to land in dream jobs.

Better job prospects at top investment firms:

Employment opportunities in asset management, hedge funds, fixed income, and equity research are suitable for CFA charter holders. The CFA curriculum has an in-depth focus on financial modeling, portfolio management, ratio analysis, SWOT analysis, etc. The average salary of CFA in India is INR 3,50,000-35,00,000 PA.

Grow with Imarticus Learning:

Being a Chartered Financial Analyst is an initiation for a golden future in Finance. To have a strong base for these courses for financial analysts, you can enroll in MBA programs offered by Imarticus Learning. The programs are an extensive learning package, donned with in-depth knowledge of the basics. The industry connects at Imarticus Learning, and the expert-guided learning packages make these programs more valuable for the students.

100% placement assistance is another reason to rely on these courses to plan a transformative future.

For more details, contact us through the Live Chat Support system today or schedule a visit to one of our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Hyderabad, Delhi and Gurgaon.