Imarticus Learning Webinar: Demystifying Analytics Careers

Imarticus is excited to invite you to our Webinar on careers in Analytics on September 27th.

 Harvard Business Review has called the Data Scientist, the sexiest IT career you can have. But what exactly do Data Scientists do? What is Data analytics? Is it just picking through numbers? But I was terrible at Math and Science in school!

 According to this article in the Harvard Business Review – More than anything, what data scientists do is make discoveries while swimming in data. It’s their preferred method of navigating the world around them. At ease in the digital realm, they are able to bring structure to large quantities of formless data and make analysis possible. They identify rich data sources, join them with other, potentially incomplete data sources, and clean the resulting set. In a competitive landscape where challenges keep changing and data never stop flowing, data scientists help decision makers shift from ad hoc analysis to an ongoing conversation with data.

 If you are still grappling for answers, then join our webinar, which demystifies this fascinating career path, and answers questions like what do data analysts do actually? What tools do they use? Where can I study it? Why is the Imarticus Learning Program in Data Analysis the most respected program in the country for Data Analytics? And the most burning question of all, what am I going to earn when I finish the program? Our industry experts will be on call to counsel you on which path to take and will fill you in on all the latest trends.

Imarticus Learning courses focus on the tools and techniques needed to excel in the competitive analytics landscape. What are the differences between our dedicated programs for R, SAS and Python?

Our speakers are Mr Mohan Rai, Director at S & R Analytics, involved in Delivery of Analytics Consulting/Training solutions and SIP Partners for TCS. He is a visiting faculty at several Universities and colleges, and is regularly invited as a panelist on Analytics conferences. Mohan has 8 years of experience in Core Analytics (Sales & IT). He holds degrees in Business Analytics and Intelligence from IIM-Bangalore, MBA in Marketing and BSC in Statistics.

Joy Parekh is Assistant Vice President at Imarticus and helped initiate the Online Learning vertical. Presently, he manages a 20-member team across Online Business Development, Product and Governance functions within Imarticus Learning. His exposure to both the start-up and the corporate world will be instrumental and can offer valuable insights to aspirants to kick-start their careers in Data Analytics.

Here’s what Jasmine had to say about our previous webinar on Data Analytics Careers –

Understanding the difference between Data Analytics and Data Science was always confusing, but this webinar helped. I learned a lot from Mr Vishal as he gave a lot of tips on how to get into analytics ”

 For more information please register here. Limited spots available.  http://imarticus1.viewpage.co/imarticuslive_sep27

Source: http://imarticus.org/careers-webinar-demystifying-analytics-careers

Wealth Management Learning Objective

Wealth management refers to the provision to private individuals of financial services that have the goal of preserving and enhancing those clients’ wealth.  It delivers a wide range of services that enable an individual to manage their financial affairs and assets effectively, such as:  tailored banking products; managing the investments; allowing them to lend against investment portfolios in the most secured and safe manner to allow them to be leveraged; investment products in areas such as foreign exchange, structured investments, property and non-conventional investments like venture capital, private equity, hedge funds, real estate investment trusts, commodities as well as assets such as metals, coins and art, trusts and estate management; tax planning; estate planning.

The provision of these services is typically divided according to wealth, with clients classified as highly influencial in society, high net worth or even ultra-high net worth.
What value is applied to define each segment will clearly change from market to market, but the below gives an explanation of the asset profile of individuals making up each segment:

• Upper ends of the middle class– investable assets over US$100,000.
• High net worth individuals – investable assets of over US$1 million.
• Very high net worth individuals – investable assets of over US$5 million.
• Ultra-high net worth individuals – investable assets of over US$30 million.

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There is a wide range of firms that provide wealth management services to clients. They may be referred to as wealth managers, stockbrokers or private banks, each of which specialise in different segments of the market. Private banks provide a wide range of services for their clients, including wealth management, estate planning, tax planning, insurance, lending, enhanced credit lines. Their services are normally targeted at clients with a certain minimum sum of investable cash, or minimum net wealth. Private banking is offered both by domestic banks and by those operating in a different jurisdiction from the client’s home country – usually one with a favourable tax structure. Each of these firms will usually undertake portfolio or investment management. Portfolio management is the management of an investment portfolio on behalf of a client or institution with a primary focus on meeting their investment objectives. Portfolio management can be conducted on the following bases:

• Where the portfolio manager makes investment decisions within parameters laid down by the client.
• Where the client makes all of the investment decisions, with or without seeking advice from the portfolio manager. The portfolio manager usually has the choice of investing directly in a range of assets classes and/or indirectly via several individuals come together to pool their money for investing in a particular asset(s) and for sharing the returns arising from that investment as per the agreement reached between them prior to pooling in the money.  Wealth managers increasingly use platforms to efficiently distribute and operate their services. Platforms are online services used by intermediaries to view and administer their clients’ financial assets and wider financial planning requirements. Platforms enable advisers to take a good and overall view of the various financial instruments that a client has in a variety of accounts. Advisers also benefit from using these accounts to simplify and bring some level of straight through processing or automation to their back office using internet technology. They also offer a range of tools which allow advisors to see and analyse a client’s overall portfolio and to choose products for them including discretionary managed portfolios for clients with sufficient assets. As well as providing services for investments to be bought and sold, platforms generally arrange safekeeping for clients’ assets.

To improve the knowledge about wealth management join Imarticus Learnings Diplama in retail and wealth management course to know more visit here

Make Career in Finance with non-finance Background

 If you are looking for a job in finance they say that it’s mandatory to have a finance degree, but if you really want to work in this field and you don’t have any relevant degree then what do you do?  Still there is a hope.

Every organization wants motivated, dedicated and smart employees to do their work. Finance degrees train students on skills such as financial modeling and data analysis, but may not do much to provide other skills required for success in almost any job, such as communication, problem-solving and time management.

Below are some of the ways to show potential employers that you possess the skills that they desire in an employee, as well as the passion necessary for a successful career in finance. We’ll rate each of these by degree of difficulty to achieve (for example, signing up for a financial course is easier than obtaining an internship) as well as the positive impact it may have on getting you closer to your objective of embarking on a financial career.

1.       Learn Jargon:
If you are looking to make career in finance, then you must have knowledge about Wall Street lingo, difference between dilution and dividend, or between NPV and DCF. Learn some financial terms and
concepts. If you are a non-finance graduate and if you don’t know about financial terms and concepts it will become very difficult to get pass in preliminary interview stages. Interviewers want knowledgeable applicant for finance position, irrespective of his/her educational background.

2. Round off Your Education

Even though you are a non-finance graduate, you can match your level by taking relevant finance courses as per your education level. If you are an undergraduate then courses in economics, accounting or financial analysis will be a great options. And for a graduate students can prefer MBA in finance or CFA/financial modeling program

3. Enroll in Best Financial Courses

There are lots of finance institutes who provide Intensive courses which will help you to boost your skills which are essential for career in finance, such as advanced excel techniques and financial modeling. This are short term courses, as they typically conducted over a few days. But due to these short span programs’, you may need to be familiar with basic financial concepts to derive the maximum benefit from them.

4. Improve Your Knowledge Base

It’s not necessary that you will get full-fledged knowledge from your college degree. You can get plenty of information from local library or online. You might get some paid resources from course providers. Being self-taught in a difficult field like finance demonstrates a number of desirable attributes to an employer such as initiative, passion and drive.

5. Link up with a Mentor

Linking up with a mentor is another way of boosting a financial career. A mentor can be anyone who can influence, who thinks highly of your capabilities and is willing to help you achieve your goals. A mentors can be your favorite professor at college, a family friend or relation with a successful career in finance or someone you know in a professional capacity, such as a supervisor during a previous internship. Don’t hesitate to approach a contact who you think could help you in your job search.

6. Score a Meaningful Internship

Scoring a summer internship still remains one of the best ways to lock in a prestigious full-time job in finance, as many Wall Street firms pick their new hires from the ranks of their summer interns. At the best business schools, an estimated one-third to half of MBA students work for their summer employer after graduation.

But since obtaining a paid internship in finance is likely to be very difficult for a non-financial graduate, one must consider other options such as an unpaid internship or volunteer work with a broker. The opportunity cost that arises from doing such unpaid internships or volunteer work may be offset in due course by the higher earning potential of a finance career.

7. Do Your Best to Get Your Foot in the Door

Grab opportunities! Expand your job search to other locations, and use your network to check for job openings in a financial organization. Try to get an entry-level position with a financial company, even for a non-finance role, may open doors to other career paths in finance down the line.

But for the vast majority of non-finance degree holders, getting a job in finance is likely to pose a significant challenge. This is more so because thousands of positions were reduced by banks and financial institutions in the effect of the 2008 global recession. However, using a combination of the tips discussed above should enable a non-financial graduate to substantially improve his or her chances of launching a career in finance.

So to become part of one of the fastest growing sectors in India, join Imarticus learning, we offer various finance and investment banking courses across many cities in India.

How to Prepare To become a Financial Model

Financial Models are are used to correctly assess a firm’s current state, as well as devise a future state in multiple scenarios. Financial modelling is a skillset that any serious Finance student must have and used extensively when you work for Investment Banks, Analytical/Research Firms, KPO’s, Credit rating organizations, Hedge Funds, PE’s, Venture Capitalists and even Startups!

 Here is a quick 10 question basic quiz to test if you are pro or an amateur modeler!

 1)     To start with the basic, walk us through a sample cash flow statement

2)     What are the two ways that the terminal value of a firm can be calculated?

3)     Define the three ratios that help to analyse the liquidity of a company?

4)     How do you calculate the Debt service coverage ratio?

5)     In Excel, which is more useful LOOKUP or VLOOKUP? When should each be used? And what are the pitfalls of each?

6)     What is the difference between NPV and XNPV? When would you use either? What are the limitations of the two?

7)     What is sensitivity analysis? How do you run a sensitivity analysis on a company?

8)     How do you model a leverage buy out? How is it different from a typical M&A deal?

9)     All things equal, what happens when a firm with a lower P/E ratio acquires a firm with a higher P/E ratio? Will the deal be accretive or dilutive? How does it impact EPS?

10)You do not have time to run an extensive financial model. How do you value a firm in 2 minutes?

 If you were able to answer 8/10 questions (without cheating), you are a pro!!! Model away – your financial models will make us proud!

 If you are able to answer 7 and less, no worries. It looks like you need a refresher!

Financial Modeling – Create a Confident Financial Model Yourself

Financial Modeling helps you to gain great skills in Practical Finance, MS-Excel and Business / Industry analysis. This course will help you gain an understanding of how to build robust and dynamic financial models with a special focus on Industry Research, while mastering advanced Excel and the complete art and science of Valuation.

If you are dreaming to make a career as an analyst in Corporate Finance or Investment Bank, and you are just a graduate then this program is for you.`

Imarticus Learning offers 80 hours program which includes the below modules:

·         Modeling Overview and Core Concept

·         Accounting Fundamental and an Understanding of the three financial statements

·         Projecting the three Financial Statements (Case Study Based on Ajanta Cranes)

·         Three Statement Projections Advanced (Case Study- Indigo)

·         Equity Value, Enterprise Value and Multiples (BhartiAirtel)

·         Valuation – The Discounted cash flow (Dr Reddy’s)

·         Valuation: Comparable Public Companies and Comparable Transactions (Dr. Reddy's Pharmaceuticals)

·         Valuation of a Private Company (Anup Pharmaceuticals)

·         Applying Valuation to Real Life Decision making

·         Customizing Models to various transactions

·         Excel Shortcuts & Charting

To check more about this visit http://imarticus.org/financial-modelling-valuation-certification

Why to enroll for this Course? 
Lots of leading banks, manufacturing companies and b-schools have classroom and online editions for this program. This course content is designed, recorded and edited by top professionals who are expertise in Investment Banking, Equity Research, Project Finance and Business Consulting domains at world-class banks.

At the end of this program, you will receive the industry endorsed FMVC certification which will help you to get you the best career opportunities in leading international firms.  

Who can go for this course?

Professionals who are planning to be analysts in Investment Banking, Equity Research, Private Equity Corporate Finance executives Entrepreneurs and Businessmen Business Analysts 

Tips for Cracking The CFA Level 1 Examination

The Chartered Financial Analyst exam is considered to be one of the toughest exams of the Finance world. This exam is conducted by the CFA Institute of America annually and is divided into 3 levels. After clearing all the three levels, a candidate is conferred with the prestigious designation of CFA. This designation not only reflects the expertise but also integrity and intellect of an individual. Once a professional successfully clears all the three levels, they become a member of the charter and are able to avail various benefits, most importantly great career growth. 

As this designation offers many perks including eliminating the need for further qualifying exams, it is also set to be very difficult to crack. Divided into three levels, the first level of this examination gets divided into two sublevels and is conducted twice a year. The eligibility criterion for this exam is that one needs to have around 3-4 years of professional experience with a finance firm. This is one of the reasons why candidates start preparing for the exam as soon as they receive placements. Apart from being extremely difficult to crack, this exam is also said to have very low passing rates; this generally leads to a lot of stress amongst candidates. 

Here are a few tips to crack the CFA level 1 exam with ease

• Ensure that you have all the study material that you would need: books as well as videos. 
• It is always considered to have around 300 hours to study before the exams; one can still crack it in 200 or less hours if they study methodically. Always ensure there is enough time on your side before you begin. 
• Make a detailed scheduled of all the subjects, time to study each subject, hard and easy concepts and then make sure that you stick to it. 
• While it is very important for you to study the rudimentary way (notebook and pen), it is also important to study using various other techniques. One can make use of audio-visuals, mnemonics, anagrams and many others ways to study. 
• As the time to study is lot longer, there are very high chances of one being demotivated or lose interest altogether. Hence it is important to be consistent, be perseverant and not lose focus throughout the months before the exam. 
• While it is important to not be flaky when it comes to studying, it is also important to not over stress oneself by studying continuously.
• There are a lot of institutes that offer short term courses for training candidates to crack the CFA exams. It is always a good choice to opt for course, if one isn’t sure of studying on their own. 
• Mock tests form a very important part of studying for the CFA exam, practice as many sums on the calculator you would use on the exam day. Keep reviewing the study material and don’t study new concepts in the last week towards the exam.
• Go and take a look at the exam centre, be relaxed and keep your mind calm in the last few days. 

Lastly, it is important to get as much rest as possible before the paper; one must be very comfortable about spending the long hours writing the examination. If all the things are done right, there is nothing that can stop you from cracking the exam. To know more about CFA exam visit our website

Reasons Why You Should Go for Finance Courses

                            

Finance courses are the study of how monetary assets are managed, traded and invested.  From the historic perspective, the study of finance seems to be one of the most archaic. The reason for this is that firstly, finance is everything related to money and the second being, since the dawn of civilization and the advent of money; there have existed monetary transactions. Finance thus is a very fruitful career with great benefits and rewards. As this field has such importance in worldly affairs, it is also one of the sought after fields with students, taking up various finance and investment banking courses. Here’s a list of 5 reasons why one should invest in a Financial Course.

The World is All about Finance

Take a person, who earns a certain amount of salary every month. Then, this person goes onto divide his salary for various things like household essentials, school fees, utility bills, loans and then at the end he tries to save some money, for the future or invest it somewhere. Now replace this person with a company and think about all the financial activities it goes through, from capital management to loans, debtor management, and equities and so on, are the things that the company needs to consider. Thus we can infer that at every level, the knowledge of managing finances comes to the fore.

World has Started Taking Notice

As the importance of this field increases, so does the number of aspirants. Lately, there has been a hike in the number of people opting for courses in finance. At the same time, there has also been an increase in the number of institutes providing for courses in finance. There are institutes that have started offering for short term and long term courses, in classroom as well as online format, in finance which are all certification programs.

Real Life Concepts

  Financial concepts like “price” and “value”, have real life usage and are not always confined to the hardcore financial sphere. There have been so many eminent personalities, who have drawn references from the two concepts and drawn parallels with their own works. Those two terms become very philosophically inclined as well, when we talk about the spiritual value and the price paid for certain things, thus in a way their concepts don’t become too dry to grasp. Thus other concepts like overvalue, undervalue also have their come into purview in terms of life.  

Finance is a Very Interesting Field

Money will always remain in fashion so, as long as money is on people’s minds, finance will be a prominent career too. Apart from being an indispensible part of the business world, finance in itself is a concoction of many intriguing theories, which when applied can lead to great results. One can either choose to be an investment banker and go on to achieve new heights, or choose to research all the possibilities and try to find newer concepts and theories.

 Great opportunities

This field offers many lucrative opportunities and the chance to get to one’s dream job possible. There are a number of courses, both short term and long term; offered by many institutes in Mumbai, Chennai, Bangalore and Delhi and other cities in India. A career in this field offers one with the opportunity to land their dream job, become an investor, start their own business and so on, thus making finance a very beneficial field laden with great many benefits.

While investing in finance courses, the important thing is your interest and will to learn. If one is determined then, there are a lot of avenues as well as many courses offered for the same. There are a number of institutes which offer courses in finance for those aspiring for a career herein.

Imarticus Learning is one such institute, offering a host of certification courses in corporate finance as well as financial modeling, retail banking, wealth management and others. 

Source: http://imarticuslearningeducationinstitute.weebly.com/home/5-reasons-why-you-should-invest-in-finance-courses