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Tag: Financial Analysis

Top 5 Hard Skills Required to Become a Merger and Acquisitions Senior Analyst

Posted on by Imarticus Learning

Mergers and Acquisitions are among the most important events in the corporate sector. And, obviously, with such an important event comes a position of equal importance. Mergers and Acquisitions analysis is a high demanding job that leaves no place for error. And, because as long as the corporate sector as a whole remains, it is a surety that mergers and acquisitions will keep on happening, it is also a guarantee that a mergers and acquisitions analyst will be needed no matter the time.

So, if you want to pursue a fruitful career in this sector and give your future the flourish it deserves, then the best option for you would be to do a proper merger and acquisition analyst course, chartered financial analyst course, or SWOT analysis course.  

chartered analyst courseA lot of institutions offer a solid merger and acquisition analyst course in India. Such an institute is Imarticus Learnings.

It not only provides a compact financial analysis prodegree but also comes with placement opportunities that give you the chance to land your dream job right from the get-go.

However, there are a few skills that M&A analysts must possess. Here, we are going to talk about them.

Finance Modelling and Valuation Techniques

The job of M&A analysts is to assess prospective companies in the field to acquire or merge with. They need to evaluate both profits and losses of a merger for all the parties included. So, obviously, they need high-level skills of financial modeling course helps them chalk out the goals and the means to achieve them.

SWOT analysis courseAnother important skill analysts should have is to be able to put the correct value to each aspect of a merger. They need to determine as precisely as possible the appropriate premiums needed for acquisition.

This is why they must always stay ahead of industrial knowledge and analyze all the recent value reports of events.

This is one of the reasons why students with a degree in chartered financial analyst course or SWOT analysis course get high preference in this field.

Flawless Pitch Books

Another skill analysts must have is making flawless pitch books. It is important to present all the information and stats regarding the merger to all the parties involved appealingly. 

Accounting Prowess and Industrial Knowledge

As these deals often tend to cost millions, the analysts must have accounting prowess so that they can keep a check on all the transactions made. Analysts also need core industrial knowledge as all mergers and acquisitions made are very industry-specific.

Staying up to date with International Corporate Scenarios

A good analyst should always stay up to date with international corporate scenarios. As mergers are a common event for businesses both local and global, a deep understanding of the function and process goes a long way to help clients.

In-depth Knowledge of Industrial Law

This is possibly one of the most important skills needed in an analyst. A good analyst should be acquainted with all the laws that need to be regarded during a merger and acquisitions process as any error can lead to serious legal trouble for everyone involved.

Conclusion

A merger and acquisitions analyst has no room for error and should always be at least two steps ahead of everyone to guide them properly. And, the only way to do that is by learning the process completely. Imarticus Learnings brings to you a great opportunity with its financial analysis prodegree that will help you get the boost you need in your career.

How Blockchain Can Help To Aviation Industry’s Services?

Posted on by Imarticus Learning

The modern airline industry has advanced quite a lot in the past few years, and yet there are some drawbacks in the industry that need to be fixed before it can realize its true potential. One such area of optimization and improvement in the airline industry is data collection.

Today the airline industry collects data on its planes through the use of 40 or more systems, and each of these are stored in different locations, owing to which there is no central database through which the entire flight system can be managed at the same time. This process of data collection not only leads to mismanagement but also a huge cost incurred due to the maintenance of multiple systems, sometimes by competitors in the same industry.

A Decentralized Management System 

The use of blockchain technology in the airline industry can prove to be beneficial and helpful across many different sectors. For example, at present, when a plane is serviced or repaired, multiple systems capture the state of the new components being installed, but often this data is not accurate.

Blockchain CareerOn the other hand, if a digital ledger is created through blockchain training, it can take a snapshot each time a component is replaced or repaired, along with the credentials of the manufacturer, assembler, and technician. Through this snapshot, a real-time clone of the component can be created, which can then be monitored to understand the overall condition of the system.

And the application of blockchain doesn’t stop here. Following the above-mentioned example, the same principle can be applied to each and every component of the airplane, thus facilitating the overall monitoring of the entire system at all points in time.

Implemented at a large scale, the application of this system can help in:

  • Significantly reducing the overall cost of maintaining airplanes and also reduce the amount of downtime due to unplanned maintenance.
  • It can significantly increase the value of planes when being sold in the secondhand market, as a clear real-time snapshot of the entire system can be shared with the buyer immediately.
  • Increasing the productivity of workers, both in maintenance as well as in manufacturing, as the overall system will work in a much more controlled, efficient, and timely manner.

Areas of Improvement

Although the larger impact of blockchain implementation on the airline industry is yet to be estimated, there are three main areas where the immediate benefits can be witnessed.

Maintenance

  • Efficiency: With the implementation of blockchain technology, the current time spent by professionals on routine maintenance and inspection will be drastically reduced.Blockchain Career
  • Defeating Duplicacy: A common issue with the airline’s spare parts industry is the fact that often buyers are duped via duplicate parts. With the implementation of blockchain, buyers can immediately compare their products to a ledger and thus confirm authenticity.

Finance

  • Increased Value in Reselling: Due to the absence of a real-time maintenance record, the price of airplanes in the secondary market is often less as the actual condition of the plane and its components cannot be correctly estimated. With blockchain technology and the creation of a real-time ledger, this issue can be immediately addressed.

Workforce

Every year, the airline industry employs hundreds and thousands of professionals around the world, and while there is a system to maintain them, a system of verification and identification is absent. With the implementation of blockchain technology, a ledger of personnel can also be included, which will assist in better monitoring and overall management.

Conclusion

The right implementation of blockchain technology can create many benefits for the global airline industry and thus if you want a blockchain career in the airlines industry now is the time to start.

What Makes Credit Underwriting Such A Fascinating Career Option?

Posted on by Imarticus Learning

Throughout your life, you would have seen countless advertisements for insurances (of all sorts.) However, if you have ever decided to fill one and go through the entire process, you would have faced the risk assessment.

Risk assessment is the insurance company’s way of determining whether insuring you would be a profitable deal or not, since each year, these companies are risking billions of dollars. Comprehensive risk management thus becomes more important.

A Credit Underwriting career is a career in which you do a risk assessment. Yes, a credit underwriter’s job description is to go through all the applicants and determine their risk coefficient. A credit underwriter’s job is both demanding and challenging, yet at the same time entertaining and lucrative.

 

Credit Risk Underwriting CareerLet us understand why credit underwriting is such a fascinating career option.

Credit Underwriting: Job Description

As an underwriter, you would be the person accepting any understated liability, thus making you the person who will be held responsible for the potential losses incurred by the client. A credit underwriter does the same thing in an economic context.

So, when you accept this highly analytical, 40-hours-a-week desk job, you will be expected to review the application for insurance coverage for people and organizations. You are supposed to extract all the valuable information from their applications and then use your computer to develop a risk factor coefficient.

You, as a Credit Underwriting Career, have a pivotal role in the company’s profits (and losses). Since a lenient underwriter would open up the company to unprecedented losses, a very strict underwriter would run the company into the ground by losing its business. Thus, striking the right balance is critical for any Credit Underwriting Career.

What makes credit underwriting fun?

From the description of Credit underwriting thus far, it seems more daunting than fun. However, there are many apparent benefits, and we have listed some of them below:

Credit Risk Underwriting CareerYou get to work with the latest technology:

Traditional means of risk assessment have been invalidated by advancements in technology like Machine Learning, Artificial Intelligence, and Deep Learning. You, as a credit underwriter of the 21st century, would be working mostly with such tech stacks. You would be using exciting and cutting-edge statistical modeling from day today.

Insurance and other benefits:

Since you will be working with insurance agencies, and you will be bestowed upon the best plans for yourself without going through any painful process, you also have a high chance of having other benefits like retirement plans, etc.

Paycheck:

It is estimated that a Credit Underwriting Career would earn you about $69,380, which translates to about a whopping fifty-one lakh rupees an annum. That is a very lucrative reason to pick up underwriting as a career.

Credit Risk Underwriting CareerConclusion:

Credit Underwriting as a Career has its pros and cons like any other career. We hope to have provided you with enough information to make an informed choice on your own.

What are Corporate Finance Roles?

Posted on by Imarticus Learning

What are Corporate Finance Roles?

The banking and financial services industries are the two major pillars of the modern capitalist society that helps to propel the wheel of the economy smoothly. A job in the corporate banking or financial services segment is considered among the most prestigious and sought-after career choices.

This has naturally increased the competition for corporate finance job roles and obtaining a suitable role requires a comprehensive understanding of the corporate finance division. One of the best ways to find your dream corporate finance role is by opting for a corporate finance course.

Let’s delve deeper into some of the most prominent corporate financial roles and what they entail.

Chief Financial Officer (CFO)

The Chief Financial Officer heads the corporate finance division for most organizations and reports directly to the Chief Executive Officer of the company. A CFO is responsible for overseeing all the finance-related departments of an organization and is entrusted with finding new investment avenues for a business that will maximize returns and minimize losses.

A CFO is responsible for all the financial operations of a business. From budgeting to planning capital expenditure and fund sourcing for projects, a lot is riding on the shoulders of a CFO.

Financial Analyst

The financial planning and analysis segment of a corporate finance division has a broad range of responsibilities. The role of a financial analyst is one of the most reputed ones in the corporate finance division. Financial analysts play a key role in maintaining financial prudence for an organization.

The primary task of financial analysts in corporate finance roles is related to capital budgeting and entails estimation of revenue, budgeting, and monitoring any deviations from the set predictions.

Financial analysts are also responsible for evaluating capital proposals and investing in projects based on their future income and profitability. The financial analyst course helps businesses to find out exiting financial loopholes and the most profitable investment opportunities to maximize returns.

Credit Manager

Credit managers play a crucial role when it comes to reducing the probability of loss for businesses. Credit managers are primarily responsible for overseeing the credit decision making of the firm. They have to decide the credit rates for different parties and also have to establish the terms and conditions of the credit contracts.

Some of the common responsibilities of a credit manager include deciding how the amount of credit to be provided to suppliers, terms and conditions of the credit transactions, managing receivables collection, etc.

A credit manager should be well-versed with the intricacies of financial statements and should have a proper understanding of the customer profile. Opting for a corporate finance course by reputed institutions like Imarticus learning will help you a great deal with your job prospects.

Investor Relations Officer

A business cannot function in isolation, there are many important stakeholders of a business and investors top that list. Managing relationship with the investors plays a crucial role in the financial success of a business. The investor relations officer is responsible for maintaining a good relationship with a business’s investors including individual and institutional both.

The day to day for an investor relations officer involves communicating with the top-level executives, reverting to investor queries, forwarding important financial data about a company for the investing public.

Treasurer

The role of a Treasurer is indispensable for any organisation that is looking to optimise its finances. Treasure management involves a wide range of responsibilities as it provides a holistic view of the functioning and performance of all other departments.

A treasurer is responsible for supervising the treasury department which encompasses a wide range of activities like cash-flow management, risk management, financing, pension management, etc. The size of a treasury team might vary depending upon the nature and scale of operations of an organisation. A treasurer is generally the key contact person for investment banks and investors who are interested in a given business.

These were some of the most prominent corporate financial roles in the contemporary. One can opt for a corporate finance course by reputed institutions like Imarticus Learning to obtain a comprehensive understanding of this division and obtain relevant knowledge and skills to get their dream job.

Also Read: Importance & Scope of Corporate Finance

How Much Does A Financial Analyst Make?

Posted on by Imarticus Learning

The job of a financial analyst is one of the most sought-after jobs in the field of financial services. The crux of the job as a financial analyst is to study data, find out the various opportunities and analyse the outcomes of the various decisions taken and investments recommended and made.

The job of a financial analyst has both a senior as well as a junior position to offer in any firm. The position of a financial analyst opens doors to various other career opportunities. The field of financial analysis is highly competitive and aspirants may find it harder to fit into the field.

Taking up a financial analyst course online would make the nitty-gritty of the position a lot clearer to aspirants white also equipping them with the necessary tools required to succeed in the field. Thus taking a financial analyst course is considered beneficial and is highly advised.

Let us dive in-depth into what a financial analyst is, what they are required to do and about financial analyst salary.

What Exactly is a Financial Analyst?

A financial analyst is responsible for analysing and looking into financial data thus using the findings to aid organisations to improve their business choices and decisions. Many a time, the analysis done by a person in this position is done to aid better investment decisions for the company.

Thus an analyst must research the economic conditions while also looking into the fundamentals of the organisation in order to make predictions. These predictions would be concerning various aspects of business and various industries. Based on this a course of action is also suggested.

Being aware of the various novel developments in their respective field while also coming up with financial models to foretell the future economic environment for a wide range of variables is the key part of this job.

What Does It Take To Be a Financial Analyst?

Even while being a high paying career as well as a career that gives way to a large number of opportunities, compared to other jobs with similar benefits, the pressure of having rigid and defined qualifications is much lesser. The specifications wholly depend on your specific employer and duties.

To qualify as a financial analyst, possessing a bachelor’s degree, ideally majoring in economics, finances and statistics, is crucial. Other majors that are also looked at are math, engineering and in some places even a major in biology, that is, if aspirants are interested in pursuing a career in analysis in those specific fields. As mentioned earlier, this field is highly competitive and undergraduate degrees don’t stand out very much, thus making it very difficult to be considered for the position with anything lesser than a bachelor’s degree.

Larger investment banks prefer employing people from elite institutions, thus paying their first-years with a very high financial analyst salary.

How Much Do Financial Analysts Make?

The yearly financial analyst salary for someone only starting out can come close to or go up a little more than a whopping 48,500 dollars.

The biggest reason for the popularity of this position is the average financial analyst salary. People in this field are paid very well and for good reason. Owing to the competitive nature of the field, employees need to work very hard. The job entails attending a large number of meetings and a lot of travelling.

Sometimes employees may need to stay for additional working hours. The job requires employees to remain up to date with novel changes in the economic climate while also thinking of ways to keep the organisation at the top of the financial race.

Also Read: What is Financial Analyst Course

What Do You Mean By Financial Analysis?

Posted on by Imarticus Learning

What Do You Mean By Financial Analysis?

Financial analysis is the method of analysing projects, businesses, expenses, and related finance-specific transactions to figure out their efficiency and applicability. In other words, financial analysis is utilized to evaluate if an entity is consistent, liquid, solvent, or lucrative enough to justify a fiscal investment.

Financial analysis is leveraged to set financial norms, examine economic trends, create long-term strategies for market activity, and recognizes projects or firms for investment. The whole process is accomplished via combination financial figures and information. 

A financial analyst will comprehensively go through an organization’s financial statements which include a balance sheet, cash flow statement, and income statement. The financial analysis could be performed in both investment finance and corporate finance environments. 

Among the most commonly used approaches to evaluate financial information is to calculate ratios from the inputs in the financial statements to tally with those of other organizations or with the firm’s own historical performance.

Return of assets (ROA), for instance, is a general ratio used to find out the efficiency of a firm in leveraging its assets and as a metric of cost-benefit. This ratio can be computed for numerous organizations within the same domain and in comparison, to each other as a part of the large-scale evaluation. There are various financial analysis courses that can teach you the basics of accounting principles and financial analysis as well as create an understanding of the connection between these two terms. 

Corporate Finance Settings

In corporate finance settings, the analysis can be done within by the accounting division and shared with the administration in a bid to enhance business decision-making skills. Such a type of interior analysis can contain ratios including, internal rate of return (IRR), and net present value (NVP) to look for projects worth implementing. 

Most of the companies offer credit to their clients, as such, the cash receipt from sales may be held up for a certain time duration. For companies with considerable retrievable balances, it is essential to monitor days sales outstanding (DSO), which aids the company to recognize the amount of time it requires to change a credit into cash. The average collection period is a key component in a company’s total cash conversion cycle.

An important use case of corporate finance settings consists of deducing an organization’s previous performance including, profit margin or net returns, into an estimation of the organization’s projected performance. Such type of historical trend evaluation is useful to recognize seasonal drifts.

Investment Finance Settings

In investment finance settings, an analyst outside of the company performs an evaluation for investment reasons. Analysts can either implement a bottom-up or top-down approach.

A bottom-up approach focuses on a particular company and performs ratio analysis similar to those used in corporate finance settings, monitoring previous as well as future performance as investment indicators. Bottom-up investing compels investors to look at microeconomic aspects above all. 

These aspects consist of an organization’s total financial appetite, the products and services delivered, evaluation of financial statements, supply and demand, and relevant distinct indicators of corporate efficiency with time. 

On the flip side, a top-down approach first seeks microeconomic aspects including, high-performing industries, and then breaks down to look for best companies within that industry. As of this moment, they later examine the stocks of particular companies to select potentially worthwhile among those as investments by looking last at a specific company’s bottom lines. 

If you want to step into the world of finance or capitalize on your skills, going for any financial analysis course online is a safe bet for a comprehensive learning experience.

Also Read: How Do You Perform Financial Analysis

Financial Analytics Financial Analysis: What Is The Difference?

What Is The Financial Analysis And Planning Process?

What Is Financial Analysis? And What Is The Role Of Financial Analyst?

What Do You Mean By Financial Analysis?

What Does a Financial Analyst Do

Posted on by Imarticus Learning

In the contemporary landscape, data science is at the core of every progressive organization that relies on technology to carry out its operation. This is also true for players in the banking and finance industry. The banking and finance industry has undergone a massive transformation in the last two decades.

With the advent of the Fintech companies, the traditional banking systems have been forced to rethink how they serve their customers. Traditional banking has been replaced by digital banking and transactions using smart devices have gained the front seat. Data science is at the centre of this revolutionary technology. It has made it easier to analyze the financial stand of the organization and the market volatility.

Data has helped them customize their services as per the needs of an individual customer. It has helped to improve the services of all players in the finance industry by giving them insightful information as to what the customers want. The finance and technology amalgamation has leveraged the power of data and internet to make everything smarter. It has made it easier to predict future trends using historical data.

Now, how do they use data and who helps them obtain valuable insights from seemingly irrelevant data? A large part of this process is carried out by financial analysts who have a dynamic role to play in the success of a financial organization.

Let’s dig deeper into what financial analysts do and how do they help the companies with their expertise.

Role of a Financial Analyst

The role of a financial analyst is very diverse and entails a range of activities that need to be carried out. The role of a person working in the capacity of a financial analyst is multi-faceted. It requires a range of technical skills and good quantitative acumen to succeed in the role.

The wide range of chores in the purview of a financial analyst includes accumulation and organization of data, analyzing historical results, making future projections, preparing reports, making a recommendation. Let’s peep into the details.

Gathering and Organizing data

This is the most rudimentary task that a financial analyst needs to perform. Any analysis requires a collection of relevant data and organizing it as per their needs. These data generally includes accounting data, stock price information, macroeconomic data and other quantitative data that helps to make a detailed analysis.

These data sets are collected from the internal database of the company or third party research providers like Bloomberg. Once the relevant data is obtained it is organized and arranged using a spreadsheet or some other database. The organization process also includes categorizing data and applying formulas and functions.

Analyzing financial information

Once the data is gathered and organized into a database, the actual analysis process starts with the evaluation of past data records and results. The analysis process includes inspection of various financial ratios and metrics like gross profit, net margin, return on equity, earning per share, liquidity ratio, growth rate, inventory turnover ratio, etc.

Make future projections

Once the historical data and past results have been analyzed, the analyst is required to make future projections and predict general trends related to the company’s financial performance. Some of the mainstream projection methods that are applied to make predictions include regression analysis and year over year growth rates method. Other methods include bottom-up approach, bottom-down approach, etc.

Building recommendations
The process of predicting future trends and making projections is followed by building recommendations and providing suggestions on how to improve the operations of an organization. These suggestions might include ways to cut cost, identifying new investment avenues, methods to achieve operational efficiency, ways to improve customer satisfaction, etc.

Who Can Do Financial Modelling Course?

Posted on by Imarticus Learning

What is Financial Modelling?

Financial modelling is a way through which models are created that contains summarised information on company performance. These models give us inn detail analysis of any particular decision and its impact on the financial status of the company/firm. Any particular fiscal term or financial decision is displayed quantitatively with the help of data/information.

It helps any company to predict/change their future decisions accordingly. A lot of attributes like company forecasting, corporate accounting, decision analysis, etc. are included in financial modelling. In this article, let us see who can take up a course in financial modelling, and what would be one’s expectations?

Who is Eligible for a Financial Modelling Course?

There are no such strict guidelines for taking up this course. One can be a graduate from any particular stream and can take up this course. It is better if someone comes from an accounting background as they will have the prerequisites about accounting & finance analysis which will work as a base for financial modelling.

A lot of work is done on excel or spreadsheets which help in creating a quantitative description of any financial activity. One can find a plethora of courses on the internet and can choose the suitable one. On average, one can complete a financial modelling course in one to three months depending upon the course length.

Key Skills Required for Financial Modelling

Choose a financial modelling course which covers the mentioned topics/skills as these are the most required skills for financial modelling –

  • One must be able to work on excel fluently.
  • Good accounting skills are required, one must be fully aware of concepts like account statement management, depreciation, revenue recognition, etc. You must be able to read/understand/dissect/manipulate financial statements. You must be able to link the income and cash flow statement with the balance sheet.
  • To create a good financial model, one needs to have good forecasting skills, a problem-solving approach, etc. One must be able to present his/her work in a detailed way.
  • Good designing skills on applications which are used to create financial models like excel, spreadsheet, etc. The usage of graphs and analysis helps in making the presentation better.
  • You need to be aware of various types of financial models like DCF analysis, 3 statement model, Sensitivity analysis model, LBO model, etc. One must know about the situations in which these types of models are used.
  • You must have the ability to narrow down a problem into models. You must be able to simplify a problem.

Some key points on financial modeller:

  • There is a lot of demand for a financial modeller. According to statistics, the average salary of a financial modeller in India is 9-10 lakhs per annum.
  • Besides Investment Banking, financial modellers are demanded in Private Equity, Venture capitalist, Corporate development, Real estate development, etc. There is a lot of diversity in this field and can choose according to his/her preferences.
  • It would be a lot comfortable if you are a finance graduate as it will help you in grasping things faster. However, anyone can take up a financial modelling course at any physical institution or an online course like Wall Street Prep, Breaking into Wall Street, Coursera online courses for financial modelling, etc.

Conclusion

Financial modelling is used a lot by firms/companies to forecast their future financial decisions. These models help in finding an in-detail analysis of any financial decision and its loopholes. There are plenty quality courses available online. This article was all about financial modelling and who is eligible for it. I hope it helps!

What Is the Pay Progression for a Career in Financial Analysis?

Posted on by Imarticus Learning

Financial analysis is important to predict the financial impact of any business decision. Financial analysts use business data to forecast and to decide the impact of any financial decision. They provide periodic reports to their clients which helps in keeping business in profit.

There are senior as well as junior roles in the financial analysis sector. Often, financial analysts work on a junior level and open a lot of job roles for them by their performance.

Let us see the pay progression for a career in financial analysis.

What is a Pay Progression?

A pay progression is an increase in wages/salary because of the upliftment of the job role. For example, a junior financial analyst moves on to a senior role and is provided a hike in salary. It is different from salaries increased due to inflation or bonus given to the employees by any particular firm/company. Pay progression does depend on individual performance and career growth.

Pay Progression for a Career in Financial Analysis
If you have joined a firm as a junior financial analyst, you will be working under a senior analyst. One can directly become a senior analyst if he/she has an advanced degree in finance and analysis. Many junior analysts work on junior roles and then leave to gather advanced degrees after gaining a little work experience. According to payscale.com, a junior analyst in the USA earns around $50,000 per year and according to surveys conducted by indeed, a senior financial analyst earns around $72,000 per year in the USA.

There are a lot of job roles in the financial analysis sector like financial advisers, financial managers, budget analysts, junior and senior analysts, etc.

Business Analyst Online TrainingThe upward mobility is quite high in the field of financial analysis and one can build a good career with his/her performance and results. One can work hard and can rise to good positions like the fund manager, chartered financial analyst, etc. which have high salaries.

The financial analyst course must help your clients to make better financial decisions. A good financial analyst helps a company/firm in avoiding those business decisions which could result in financial instability. The more profit you provide to your clients, your reputation as a financial analyst will grow and you can move to senior job roles quickly.

Career Path in Financial Analysis
The major job roles in terms of hierarchy from junior to senior job roles in the financial analysis which will give you an idea of pay progression in this field are as follows:

• Junior Financial Analyst is the basic step in the field of financial analysis. A junior financial analyst forecasts possible investment opportunities & analyses the business decisions and produces detailed financial reports.

• Senior Financial Analysts are the ones who have an advanced degree in the field of finance and have some work experience. They review financial reports and make recommendations.

• A director is one who has massive work experience in the field of finance. He has a team to guide and coordinates audits.

• Chief Financial Officer (CFO) is responsible for managing debt, equity, and financial forecasting. According to Investopedia, the average salary of a CFO in the USA is around $371,548 per year which is massive.

Conclusion
One has to perform well in terms of advice, reports given to his/her clients to grow his/her financial analysis career. There is a lot of upward mobility in this sector thus opening the path for a hike in salaries. One can take up financial analysis courses available on the internet via elite sources to boost his/her knowledge and to apply it in their job. This article was all about pay progression and career opportunities in the financial analysis sector.

How a Financial Analysis Can Accelerate Openness to Technology during a Crisis?

Posted on by Imarticus Learning

The world has faced many pandemics/crises and each time some or other technology has evolved. At the time of the Spanish flu when phone systems were facing downtime, many online news sources such as remembers Syracuse.com and many others urged people to avoid public gatherings and it helped in spreading awareness. Today also we are facing a tough time because of the COVID19 outbreak throughout the globe.

In these times, Financial Analysis can bring more to the table. Almost all the physical works have come to a halt and people are shifting towards technology for survival. Let us see how Financial Analysis can bring us closer to technology at a fast rate.

What is Financial Analysis?

It is an analysis of any particular business, firm, financial institution, project, etc. & after the analysis, we get to know about the stability and longevity of that particular business. It helps investors, fundraisers to know whether they are investing in a profitable decision or not.

It can also help governments to analyze their financial decisions. It helps in business forecasting and in increasing the stability of any financial decision. A lot of administrative bodies already use Financial Analysis for taxation & other chores.

How Financial Analysis Can Bring Us Closer to Technology?

  • It will help the IT experts to decide on the stability of any particular technology. There are a lot of new and disruptive technologies coming now and then during COVID19. For example, the technology ministry of India has launched a contact tracing application in coordination with Reliance Jio.World Health Organisation also launched a technology ‘C-TAP’ which is responsible for increasing the speed of vaccine research & treatment. Many big delivery firms are shifting towards contactless delivery systems and usage of drones is also suggested. By Financial Analysis, we can get to know about their stability, and accordingly, investors can use their money & we will get closer to technology in right means.
  • Cost optimization and management can be done through Financial Analysis. Many technologies are lucrative at first but they fail at the time of implementation because the budget overflows. To avoid cost restraints, Financial Analysis can be done in advance.
  • Through Financial Analysis, one can find out the pattern of growth of any particular technology. It helps us in finding out the advancement in respect with time. It also helps us in finding out the drawbacks/loopholes in any particular project. One can learn from past mistakes and can forecast a better & stable project/technology.When we talk about Financial Analysis in a business/workplace, it helps in finding out the relation and dependence among various tasks among the company/firm.
  • New disruptive technologies tend to reduce labour and help in doing multiple tasks at a time. With the help of Financial Analysis, one can assure IT experts/investors about less labour which will come onto the table.Besides cost optimization, new technologies can do many tasks at once which were earlier divided into different chores. For example, when virtualization came into existence, it could do multiple chores at a time and deleted the workforce behind server administration. The money saved can be invested in some other jobs.

Financial Analysis can help us in finding out the loopholes in any particular new technology. When all the physical jobs which require a lot of workforces are closing due to this pandemic, the world is witnessing a shift towards technology at a much larger pace.

Financial Analysis can help us in finding out a disruptive technology that could replace traditional methods and should not fail. If you are new to this field, then you can find a plethora of Financial Analysis Courses on the internet and can learn about it. This article was all about the advantages of Financial Analysis in accelerating our openness towards technology amidst this pandemic. I hope it helps!

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