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Tag: Education

Why An Unstable Job Market Has Increased Demand For Online Learning?

Posted on by Imarticus Learning

There has been an unprecedented rise in the number of lay-offs, furloughs and companies shutting down over the last few months. Job uncertainty, a bitter pill to swallow, has affected lakhs across the board, regardless of where they stand on the corporate ladder.

In the wake of this phenomenon, working professionals have turned to online courses to upskill themselves and stay ahead of the curve. So have recent and fresh graduates, who find themselves facing an upturned job market with all doors effectively barred for all but the best of the lot.

Analyses have found that the fields of artificial intelligence, data science and machine learning have been most sought out when it comes to online courses of varying lengths.

Data science Online CourseIf you’re looking to get trained online in the same fields, you’re in the right place. If you’re still on the fence about online courses in general, here is a comprehensive list of benefits that you can expect to reap:

Flexibility in the time and place of learning

You get more flexibility in studying online. You can study more easily around your existing work schedule (and your hobbies). This benefit is much better felt when you’re taking a class that allows you to learn and do assignments at your own pace. You can also choose your preferred work environment as well as use your own technology to furnish your learning as you see fit. The only prerequisites to online learning are a stable internet connection and laptop, computer or smartphone that you can attend your courses on.

Lower costs

For fresh graduates and new professionals, it can be difficult to justify dropping thousands on yet another college course or diploma. However, choosing online courses reduces costs by a significant level. You might need to pay fixed costs– such as tuition fees and book purchases– but you’ll find that the costs of travel, transport and additional day-to-day expenses reduce significantly. This is especially beneficial if you’ve got your eye on a course from an international university but haven’t been able to justify the costs of accommodation, stay and visas.

A wider range of courses

Opting for online courses gives you a more comprehensive range of topics and industries to choose from. Additionally, online learning has made courses from international universities and institutions available to those in virtually any country. By making education globally accessible, online learning significantly raises the scope of curriculums as well as the standards of teaching.

An overarching benefit of this wide range is also that graduates and professionals are able to connect with industry experts in other countries, especially if the country they’re from does not currently have the resources or the demand for such niche courses.

Building specializations

Traditional education systems often work to teach the basics of a domain or topic; however, not many offer specializations that are both useful and affordable. This gap is one that online learning can fill. Professionals and graduates can fill gaps in their skill set or pursue an education in a niche topic through online courses. This is especially useful for professionals who have sound core competencies and are ready for a higher level of analyses or research. This is also beneficial for anyone who wasn’t able to pursue a topic out of pure passion; it allows hobbies and personal interests to be catered to without the risk of jeopardising your existing career.

Conclusion

Whether its working professionals looking to invest their time in bettering their skillset, fresh graduates hoping to add a little extra to their resume or individuals finally getting around to learning what they’re passionate about, more and more people are turning to online courses to upskill and supplement their existing knowledge.

The Difference Between E-Learning and Distance Learning!

Posted on by Imarticus Learning

People use lots of terms when it comes to new styles of learning. Nowadays, everybody talks about online learning, eLearning (electronic learning) and distance learning while considering education options. And every time they talk about these terms, there’s one confusion that whether they are the same or different.

Few people use these terms interchangeably with few similarities but each of these learning is unique having strategic although subtle differences. The features of these three types of learning that differentiate them from each other can be the type of access, media and of course, the interaction they include. What according to you is eLearning and distance learning? Let us put this up in simple words. You can say that eLearning is one of the styles of learning while distance learning is one of the methods of attending classes by not physically going for it.

Before we jump to discuss their differences in detail, you must know what these concepts are.

What is eLearning?

Learning that includes technology to help the learner can be known as eLearning. eLearning uses technology to enable people to learn anytime and anywhere. In the real world where people have occupations to do with limited budgets, the learning system that one uses should possess the power of technology to overcome the impediments of time, distance as well as resources.

You can use eLearning delivery methods for the very fact that people learn in a wide range of courses and at different times. It is a new way of learning that suits a lot of learners including, both school-aged and adult. Tutor James Anderson at the State of Writing says, “We use eLearning in order to connect with our students. They can connect with us online, and we can work with them to improve their writing skills”. Most people fail to understand that eLearning can happen anywhere, as far as you have a laptop/desktop.

What is Distance Learning?

When you want the data exchange should happen regardless of geologically isolated by time or distance, distance learning is at your rescue. Distance learning is often comprehended and used as a synonym for online learning. Online learning is considered as a form of distance learning, but a more feedback-oriented version of distance learning. Distance education begins with teaching through print media even before the internet. Distance learning is a concept that uses technology to bridge the gap of time and distance.

How are eLearning and Distance Learning different?

Both, eLearning and distance learning are capable of getting learners out of learning, irrespective of where they are. Even though these methods of learning are slightly different from each other, but can also overlap. As we discussed before, since eLearning is used in local settings, the distance is not considered as much of a factor.

It is helpful for adult learners as eLearning fits into most people’s busy schedules making it easier to access anytime and anywhere. The ease of access means more and more adults are undertaking online courses and classes, to learn the necessary skills. eLearning can be used when by including multiple formats and methods of instruction, like CD-ROM, the Intranet, the Internet and audio as well as video formats. While technology continues to evolve, e-Learning also keeps changing.

Distance learning, on the other hand, is designed in such a way that it is accessible from anywhere in the world. It is the solution to the issues of accessibility by using webcams or chat programs. Both eLearning and distance learning are fairly flexible. But in distance learning, you have to learn in a specific time frame, whereas in eLearning, the learner can go through the course at his/her pace. eLearning gives the learner a lot more freedom than distance learning. When one is learning online, he/she may or may not have a specific tutor to help but distance learning may provide a little less support in terms of receiving feedback or responses to your queries.

Can both happen at once?

If we say these two types of learning are not the same, does that mean that they are always separate? The answer is, that is not the case at all, because eLearning just refers to how the teaching is being delivered. As you can see, although there is a difference between eLearning and distance learning, there are no reasons to keep these two apart. As an educator, one uses both these types of learning together to create unique and engaging training courses.

Now that you know what distinguishes eLearning and distance learning, you need to consider the type of learning that suits you the most. Apart from this, you must also consider that how earning an alternative education could benefit you.

What Are The Types of Trade Settlement in The Trade Life Cycle?

Posted on by Imarticus Learning

Understanding Trade Settlement

The evolution of finance and commerce as a whole has pushed the world economies to a new high. With the advent of trading of financial instruments and multiplier effect into action, the monetary growth has been multiple folds over the past few decades.

Let’s get deeper into what exactly is trade settlement and how does it function. Trade settlement is a transaction method wherein the securities in trade are transferred into the buyer’s account and the monetary value of the security is deposited into the seller’s account post a trade execution.

The securities traded are financial like bonds, stock futures, or other financial instruments of value. The date when an order is placed is known as trade day whereas the transferring of security and cash takes place on the settlement day.

The trade settlement in the trade life cycle process is a part of a bigger whole which we call the trade settlement period.

The trade settlement period incorporates the whole time taken to complete the trade, starting from execution to settlement of the trade.

Types of Trade Settlement 

During trading of financial securities, the time period for settlement of trades, trade capture is set as per the contract. The general time frame differs as per the types of securities. Equity securities are settled on T + 2 days, here ‘T’ is the trade date. Other securities such as commodities, currencies, or derivatives are traded at the mark to market, the settlement for a mark to market is at T + 2 days.

The classification of Trade settlement can be done into 3 types:

  • Normal/ Rolling Settlement
  • Trade-to-Trade Settlement
  • Auction

Rolling Settlement

In this type of trade settlement, securities are settled on successive dates based on the settlement period in the contract and the day when the trade was executed. So let’s take a trade contract period with T + 2 days settlement time, here if a trade is placed on Monday and another trade is placed on Tuesday, the trade on Monday will be settled on Wednesday and the trade executed on Tuesday will be settled on Thursday (successively).

This is different from the account settlement method wherein the trade executed within a given time period is all settled at once.

Trade-to-Trade Settlement

In the Asset allocation, Trade to Trade Settlement method, intraday trading in prohibited for securities falling in this segment.

 

In this type of settlement method, the trader is required to accept the delivery of the security when bought and provide the monetary value, while selling the trader has to deliver the securities and the monetary value of the same will be provided to the trader for the securities traded. In short, shares are traded only for delivery.

Auction

Any trade involves at least two parties to the transaction, in the trading of financial securities, on one side we have the buyer of the security on the other side we have the seller of the financial security. The auction takes place when the selling party of the transaction or trade fails to deliver within the given time period on the agreement of selling the security for the said or agreed upon the monetary value of the security. It’s a kind of penalty for the investor’s carelessness while trading.

In this case of failure the broker of the selling party will try to purchase the security in a buy-in-auction market, the sum of the auction price along with the penalty and brokerage charges has to be paid by the defaulter (the selling party). The settlement of the action is done on T+3 days given the broker tries and purchases the share in the auction market on T + 2 days.

 

Sandeep’s Review of Imarticus’ Data Science Course

Posted on by Imarticus Learning

We caught up with Sandeep, a recent graduate of the Post Graduate program in Analytics, for a quick chat to get his perspective on the program, the curriculum, Imarticus Learning’s placement process and more.
Tell us a little bit about yourself.

Sandeep: My name is Sandeep Singh. I recently completed my B.Sc. in Computer Science and was looking for an avenue to enhance my analytics skills and start my career.

Data Science Course in MumbaiI came across Imarticus’ data science course and, after thorough research, decided to enroll for it. I completed the course and have been placed at M Technologies through Imarticus.

How has your experience been with Imarticus Learning?
Sandeep: My experience with Imarticus Learning was super! The course focused on practical training with hands-on learning of various analytical tools and thorough practice with numerous datasets.

Looking back, I see the importance of actually applying Analytical tools and techniques to the projects I worked on because it gave me a running start when I began working.

What has changed since you joined Imarticus Learning?
Sandeep: Since the day I joined Imarticus my confidence has been boosted to a very high level. Through the practice of various analytical tools such as R, Python, SAS, Tableau, etc. I’ve come to believe in myself. My soft skills have also been elevated with the help of business communication workshops, mock interviews, and soft skill sessions throughout the course.

Would you recommend the program to someone else?
Sandeep: While researching various institutes, I came across some reviews that say Imarticus Learning is fake. Well, I wanted to see for myself and now that I have, I would definitely recommend Imarticus. If you’re looking for an institute, the first thing that comes to mind is the faculty and the learning material.

The faculty and staff are very cooperative and help you both inside and outside the classroom. The learning material is extensive and covers every aspect of data analytics. The best part is all of the lectures, notes, datasets, and quizzes are stored in an online Learning Management system and is available to students anytime, anywhere.

What do you like most about Imarticus?
The best thing about Imarticus Learning was the course content, the cooperative staff and the informative notes that are easily accessible. The resume building workshops and mock interviews definitely prepared me for the placement drives and I was able to crack the interview and land a job at M Technologies.

Looking to get started on your data science career, Speak with a counselor and get matched with the best course for you.