{"id":247652,"date":"2022-07-07T13:15:17","date_gmt":"2022-07-07T13:15:17","guid":{"rendered":"https:\/\/imarticus.org\/?p=247652"},"modified":"2022-08-29T09:31:21","modified_gmt":"2022-08-29T09:31:21","slug":"why-is-financial-planning-more-important-during-a-pandemic","status":"publish","type":"post","link":"https:\/\/imarticus.org\/blog\/why-is-financial-planning-more-important-during-a-pandemic\/","title":{"rendered":"Why is financial planning more important during a pandemic?"},"content":{"rendered":"<h1><strong>Why is financial planning more important during a pandemic?<\/strong><\/h1>\n<p><span style=\"font-weight: 400;\">Money or finance is the blood of a business. Just like a body remains healthy when blood flow is regular, a business remains healthy until funds are uninterrupted.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With technological innovation and complex financial products being used, businesses now need trained professionals who can manage funds with robust financial planning.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Moreover, new global threats like supply-chain disruptions due to the pandemic followed by the Russia-Ukraine conflict have increased the requirements for financial planners.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you want to kickstart your career as a financial planning expert, you should gain proper knowledge by registering for a <\/span><b>financial planning and analysis course<\/b><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This blog emphasizes the need for financial planning, especially after the pandemic, and how you can become a successful financial planner with Imarticus <\/span><b>online<\/b> <b>finance courses<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h2><b>What is Financial Planning?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Financial Planning is the method that helps you evaluate the fund requirements of a business to achieve its goals.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Once the financial objectives are decided, a financial plan needs to be drawn that gives the roadmap of how the business can achieve the planned financial objectives. There are various positions where financial planning is needed, such as corporate financing, investment banking, and private equity.<\/span><\/p>\n<h2><strong>Some key processes involved in financial planning are:<\/strong><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Portfolio Management<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Risk Management<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Budgeting<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Cash Flows<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Investment Modelling<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Debt Financing<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Costing &amp; Calculation of Operating Margins<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Managing the Taxes<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">If you want to build your career in these avenues,<\/span><a href=\"https:\/\/imarticus.org\/financial-analysis-prodegree\/\"><b> online finance courses <\/b><\/a><span style=\"font-weight: 400;\">affiliated with highly reputable financial institutions are just the thing you are looking for!<\/span><\/p>\n<h2><b>What is The Need for Financial Planning?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">You must have heard of the famous \u201cSubprime Crisis\u201d in America in 2008. It turned out to be a nightmare as it triggered a global financial crisis and the world economies faced recession. With the availability of easy and cheap credit, American households started spending on buying essentials. As soon as the crisis hit, millions of workers lost their jobs, leading to a large-scale repayment default.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In hindsight, the analysis shows that the crisis stemmed from the domino effect of improper financial planning. Instead of spending more than the pocket allows, people should have saved and invested in building a corpus for the rainy days ahead.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This is where financial planning steps in. Just like the purpose of steering is to guide the car from losing track and avoiding accidents, financial planning is crucial to ensure that the business doesn\u2019t run out of fuel in tough times.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Not only for a business but financial planning is also needed at a micro-level like a family. If only one person earns in a family of 8, it is obvious that the family will become broke. Enrolling in a <\/span><a href=\"https:\/\/imarticus.org\/financial-analysis-prodegree\/\"><b>financial planning and analysis course<\/b><\/a><span style=\"font-weight: 400;\"> will help you become a reliable financial planner and build your dream career.<\/span><\/p>\n<h2><b>How Can Online Finance Courses Help?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Whether you are working in the field of finance or are a fresh entrant, an online finance course is bound to increase your employability and provide job-relevant skills. Here are the posts that you can apply for after gaining knowledge of financial planning:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Investment Banking<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Fund Manager<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Finance Officer (Corporates)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Financial Modeler<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Tax Expert<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Project Finance<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Private Equity Manager for HNIs (High Net-Worth Individuals)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Business &amp; Brand Valuation Experts<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Synergy &amp; M&amp;A Expert (Mergers &amp; Acquisitions)<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">It can help you upgrade your skills and propel your career to new heights. The difference between financial planning executives&#8217; average salaries is much higher than in other opportunities. Thus, <\/span><a href=\"https:\/\/imarticus.org\/financial-analysis-prodegree\/\"><b>online finance courses<\/b><\/a><span style=\"font-weight: 400;\"> can undoubtedly provide a massive boost to your bank balance. Instead of taking baby steps, you can take a huge leap on the path to success by pursuing financial planning courses.<\/span><\/p>\n<h2><b>Why Choose Financial Planning With Imarticus Learning?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">In collaboration with KPMG, one of the Big Four firms, Imarticus Learning is regularly training the aspirants to become the finest minds in the field of financial planning.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With over 180 hours of live training sessions, including 25+ hours of guidance from KPMG experts and practical training with hands-on experience in 6 industry projects, Imarticus Learning is the go-to choice for a finance aspirant. Here are the benefits of choosing Imarticus Learning:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Elaborate curriculum, including preparation of Financial Statements, Financial Analysis, Ratio Analysis, and Financial Modelling<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Advanced tools of MS Excel used in Financial Planning &amp; Modelling<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Financial analyst training and placement<\/b><span style=\"font-weight: 400;\"> support<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Practical training on 6 industry projects<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">More than 1 million learners and an average salary hike of 67%<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Financial Planning is the need of every business, and the career prospects of a financial planner are bound to get brighter. It is one of the finest times for you to enroll in a <\/span><a href=\"https:\/\/imarticus.org\/financial-analysis-prodegree\/\"><b>financial planning and analysis course<\/b><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Learn from the best to become the best! Explore our <\/span><a href=\"https:\/\/imarticus.org\/financial-analysis-prodegree\/\"><span style=\"font-weight: 400;\">curriculum for financial planning<\/span><\/a><span style=\"font-weight: 400;\"> and contact us through Chat Support to know more!<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Why is financial planning more important during a pandemic? Money or finance is the blood of a business. Just like a body remains healthy when blood flow is regular, a business remains healthy until funds are uninterrupted. With technological innovation and complex financial products being used, businesses now need trained professionals who can manage funds [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":247203,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_mo_disable_npp":"","_lmt_disableupdate":"no","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[1917],"class_list":["post-247652","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-financial-planning"],"acf":[],"aioseo_notices":[],"modified_by":"Imarticus Learning","_links":{"self":[{"href":"https:\/\/imarticus.org\/blog\/wp-json\/wp\/v2\/posts\/247652","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/imarticus.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/imarticus.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/imarticus.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/imarticus.org\/blog\/wp-json\/wp\/v2\/comments?post=247652"}],"version-history":[{"count":0,"href":"https:\/\/imarticus.org\/blog\/wp-json\/wp\/v2\/posts\/247652\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/imarticus.org\/blog\/wp-json\/wp\/v2\/media\/247203"}],"wp:attachment":[{"href":"https:\/\/imarticus.org\/blog\/wp-json\/wp\/v2\/media?parent=247652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/imarticus.org\/blog\/wp-json\/wp\/v2\/categories?post=247652"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/imarticus.org\/blog\/wp-json\/wp\/v2\/tags?post=247652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}