Investment Banking in India, is were popularly known as the golden collar work field. By golden collar, it means that the professionals working in this field are usually recipients of larger salaries and lead a high end, refined lifestyle. They are usually seen as those confident suit clad individuals who close multi-billion dollar deals, are regulars at five star hotels, travel to foreign countries at least twice a month or are usually known to own at least a yacht or two. This is why many finance aspirants usually tend to be attracted to this field of glorious opportunities.
While many finance aspirants feel that this field is absolutely the place to be, quite a few of these inquisitive souls actually tend to do an in-depth analysis of this career. So for all those curious about the career path that is required to be taken by a candidate in this field, read on. Essentially the career path of an investment banker supposedly progresses through a standardised path. This professional starts of on the rungs of a corporation through going through the various positions like Analyst, Associate, VP, Director, and Managing Director all on the basis of promotions.
The Investment Banking Analyst is a professional who is basically a freshly graduated individual who usually is hired by the bank for a two-year program. This is treated almost like an internship throughout which the analyst is taught everything there is to learn about the actual functioning of the Investment Banks. At the end of two years, excellent performance is rewarded by the candidates being offered a chance to stay for the third year as well. Many Analysts are usually supposed to deal with PowerPoint Presentations which are popularly known as pitch books.
The Investment Banking Associate is a professional who is hired once they have completed their MBA programs or they are those analysts who have received the promotion at the end of their two-year period. The position of an associate level professional is supposed to be for the duration of about three years. They function as liaisons between the junior level and senior level bankers and they even get to work directly with clients. The senior bankers are usually supposed to source all the deals which maintain client and bank relationships. These professionals can come from a number of backgrounds which could range from the field of investment banking to management of the corporate executives.
These professionals are usually supposed to scan the entire landscape of the industry and then they can be able to anticipate deals that usually take place in the business of investment banking. The various other processes that make up this field are mergers and acquisitions, portfolio management, asset management, private equity handlings and so on. As the individual begins to perform better and more efficiently he/she happens to be rewarded promotions with a corresponding speed. This is why many professionals usually take up training courses in order to get into the field of Investment Banking through institutes like Imarticus Learning.
SAS Programming is one such data analytics tool that has time and again proved its magnificence and has ensured its place as a market leader in providing a brand new generation of business intelligence, software and services that help create a better quality of enterprise intelligence. The Institute of SAS is popular as the world’s largest company that is owned by private entities as opposed to governmental ownership.
The fact that it has actually been the first one of its kind as well as the oldest data analytical tool in the industry, this helps it in becoming a seasoned vendor which completely integrates leading data warehousing, analytics as well as business intelligence application in order to derive intelligence from enormous amounts of data.
With the way this data analytical tool seems to be progressing, its future looks entirely bright as this tool will surely be playing a very important role in the coming age of Big Data Revolution. Today the popularity of SAS has reached so far and wide that almost everyone in every kind of business and verticals, not just knows about its benefits but also understands why the skills of using this tool are very much in demand in both the current and future markets.
Here’s a few reasons as to why you as a data aspirant should learn SAS Programming
- The most important reason being that the field of SAS offers up the most amount of job opportunities. Even if search the web for ‘opportunities in SAS’ you will come across a huge number and variety of job listings with various requirements and SAS expertise for the same.
- One of the biggest advantages of learning this programming language is the fact that it happens to be a fourth generation language. It is not only great fun to learn this language but the GUI and all the ways to get easy access to multiple application also helps quite a lot.
- SAS is both flexible and broad-based as there are so many ways of reading data files from various statistical packages in here. The various data files that are allowed on this platform range from SPSS, Excel, Minitab, Stata, Systat as well as many others that can even be directly incorporated in an SAS program. This programming environment does not provide any kind of threat as any file can be possibly converted into an SAS file format helps its case greatly.
- Being such a flexible and welcoming language, while learning under this programming environment, you don’t have to really let go of all the other programming languages that you may have previously mastered or even managed. These could be database software like Oracle and DB2 and so on.
- With a number of output and input formats as well as the fact that this tool is extremely versatile and powerful plus has a number of procedures for the different kinds of analysis help its case.
Corporate training is a fairly new concept in the field of the corporate world which includes IT firms, banking and investment agencies and various other financial sectors. Many who’ve been in the industry for quite some time, feel that this whole idea of corporate training is absolutely redundant and is not really needed. But to those who’ve been on the other end of the spectrum, mainly those who specialize in hiring professionals, know the sheer importance of industry endorsed training in a candidate’s career. Today, it is a stark reality that many corporate organizations are suffering from a crippling gap between the academics of a particular professional and the required skills that they should have.
This is why as the millennials of this age begin to come to an employable age, even companies have begun to gear up and develop their faculties in order to ensure their proper inclusion in the industry. Usually a firm would spend at least about 5 to 7 years on training an otherwise seasoned employee and making him suitable enough to work in their sphere of influence. There are so many popular engineering companies whose top guns have time and again said that the incoming fresher engineers are more like blank canvas which they need to develop and mould in the very way they want them to work in the future. This could be said to be a brief overview what exactly is meant by the phrase corporate training.
Earlier it was just the companies on which the onus of training their employees rested. But today, this responsibility seems to have changed hands. Now it is the companies that are on the lookout for efficient candidate who are satisfactorily trained and have developed skill sets that are in accordance of the industry standards. This has shifted the responsibility of training candidates so that they develop a proper skillset, to various formal classrooms. One such professional training institute famous in India mainly due to its offerings in the industry of finance and analytics is Imarticus Learning.
These institutes like Imarticus Learning make use of various channels to help candidates in getting industry endorsed. These channels include collaborative platforms, self-authored videos, mock call interviews as well as provision of various tools and equipment that will help develop those certain traits that will help them get employed in the career of their choice. As the world develops we see a number of organizations on the lookout for such professionals who are able to be engaged with their certain set mission, have the required kind of values and most importantly have the kind of skills and vision that is required for accomplishing their goals.
Institutes like Imarticus have actually made a breakthrough in the industry of corporate training, as they have begun to hit the nail exactly on the head. This is the reason why many other institutes have also come up with the same objective of helping candidates get properly qualified for the kind of job they want in order to jumpstart their career.
The past couple of years have seen the advent of big data as a great field of opportunities which has become popular for providing various solutions as well as for the management and utilization of data for the benefit of businesses. In spite of all the different beneficial consequences, implementing data management and big data in your organization is quite difficult. This is mainly because most of the firms are also used to paying a hefty amount of training fee in order to get all of their employees trained and develop the skill set of a Data Analyst.
This is why there are many companies today, which have begun to look out for candidates who are already trained before they enter the industry. And for the similar reason, a similar trend is becoming quite popular among candidates. This is of that of the professional training institutes. Both in India and abroad there are quite a number of institutes which have become the go-to institutes when it comes to industry endorsed training courses in the field of Big Data and Analytics.
There are many resources today, apart from the institutes which are available for sharpening particular data analytical skills. Like for instance if you happen to be a data aspirant looking to sharpen your Hadoop programming skills, there is vast variety of resources that you can choose from, even like the ultra-popular You Tube and the renowned MapR Online Training programs and so on. There are also universities online, which provide a great range of data certification programs. Imarticus Learning definitely comes to be a part of such universities which offer a number of certification courses in various data analytical tools such as Big Data and Hadoop, Certification in R Programming, SAS Programming and Python, SQL and so on.
Jobs on Big Data and Analytics
You Tube is today’s new and upcoming employment sector with everyone starting their own channel and becoming multi-millionaires in their own unique way. Apart from offering great paying jobs it is also a great hub of learning opportunities as well. There are many videos, lecture series, tutorials and so on which you will find on this website. This is why it is hailed as a revolutionary world changing aspect of the field of Internet of Things. While this resource is considered to be one of the best resources, but then again a word of caution, that you need to confirm the credibility of the source which is uploading all those videos.
Apart from these videos, there are also Hadoop tutorials that you can access and watch free videos. These are extensive and comprehensive online courses that allow the learners to learn whichever aspect they wish to at their own pace and in their own time. Having Hadoop skills as a part of your skill set is most definitely an asset in the field of Big Data.
Historically speaking the data analytics tool of SAS programming has been in the data science industry for about four decades or so. But very few know that this tool actually existed well before there even was a Data Science industry.
While there were a number of professionals working inside of the SAS programming environment, they did everything but code. Another interesting fact about this data analytical tool is that most of the professionals who actually worked with it, were not Data Scientists, they actually weren’t even Data Analysts. These were just the decision makers, the top tier of the firms which were responsible for taking decisions and would rather need a proper professional to code for them, in order to help them achieve their goals.
Fast forward to today, when the SAS programmers in the Data Science industry are getting paid as handsomely as ever. The average annual salary of a Data Analyst has increased two fold to almost three fold in the past two, three decades. While the salary has multiplied, so have the responsibilities that a professional has to take care of. In comparison to those who worked around SAS codes in the past, today there is a significant increase in both the pressures and roles of the professionals of today. SAS programmers today do way more than just coding today, with the emergence of the concepts of Big Data, Data Science and Big Data Analytics.
Now that we have successfully resolved our doubts about the past and the present pertaining to the status of SAS programming, let’s focus more on the future of SAS Programming. The popularity for this career option has significantly increased over the past few years. More importantly it is the knowledge of SAS programming and the field of Data Science that has resulted into such a progressive picture. SAS is popularly known to be one of the most time renowned data analytical tools existing in the industry. At the same time, it is also a licensed software, which means that it is not free or easy to be downloaded. This is why many companies opting for SAS have to buy the license for the usage of the same.
While there are many who feel that working with SAS is a great opportunity and the future for the same seems pretty bright. But at the same time, there are a lot of uncertainties in terms of the inclusion of the open sourced data analytics tools like R programming. So much so that there are many professionals who actually work with SAS but also are required to work within the framework of R. This may seem like a challenge for the future of SAS programming but then again there may be very less chances of a question of survival. Mainly because SAS has its own framework and supervisors who will be able to solve any queries and difficulties. This is mainly why there are many data aspirants who take up SAS courses from institutes like Imarticus Learning to get into the field of Data Science.
A few hundred years ago, when it came to importing and trading in foreign markets, it usually took months to just transfer the goods through seas routes, in huge vessels. The vagaries of this kind of trade piled up so high that only huge trading firms were able to overtake this perilous task. This risky and arduous nature of business usually ended up demotivating a number of smaller firms. But this scenario was going to soon undergo a number of changes mainly due to enormous developments in the technology of transport. Soon globalization set in and people and things could move from one continent to the earth in a way that was unimaginable before.
Today, due to the advancement in the field of Information Technology and more so due to the emergence of the Internet, the world has come even closer and is truly on its way to become a global village. Present day businesses usually have their branches and employees all across the world and their customers are able to receive goods and services in the most hassle free manner. This is where the concept of global marketing emerged and became really popular in a matter of years.
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Global marketing is basically the sale of a product, on an international level. It consists of the whole process from planning, producing, placing as well the promotion of all the products and services of a company, not only on the national but also the international level. Earlier it was just the large business with enormous annual turnovers, which were able to have their business spread long and wide to different countries of the world. But today, with the advent of the internet, even smaller businesses are able to reach clients all across the globe without much of a hassle.
The main reason why it has increasingly become important today to establish a global presence, is because of the influx of foreign companies in the domestic markets. As many firms face a huge competition from the foreign firms, they find it inevitable to ensure their very own global presence. Many products which are universally in demand are usually involved in this process of global marketing. Such products could range from food to automobiles to many more. While there are many companies that even today focus more so on the domestic markets, on the other hand there are also companies who find it very profitable to have a proper global presence across the world.
Some examples of companies in the field of Global Marketing would be Walmart, Toyota, Volkswagen, ING financial services, General Motors, Samsung Electronics, Coco Cola and so on. Any global company must ensure that they have a uniform presence across the globe and also that they are able to serve their customers according to their domestic tastes as well. Today global marketing has grown out of just food and automobiles and is well on its way to enter the sector of finance and analytics. Picking up the cues there are many institutes like Imarticus Learning which offer courses that can train an aspirant to work in the field of global marketing.
It is not a news anymore that the field of Big Data is gradually turning into the newest, rich kid on the block. With so many business experts and IT gurus not only welcoming but also praising this new amazing field of technology and development. The possibility that you can now store the entire data of a town and actually derive insights from it, is not only novel but so surprising that it is almost unbelievable sometimes. There are a lot of statistics and studies which state that the global revenues for the big data industry are going to be on a steady rise and would reach $150.8 billion by the end of 2017.
When this field of big data first emerged and when people heard of this concept for the first time, it was difficult to really comprehend as to how the companies would be able to store so much data and not just store but utilize it as well. This data that we talk about, is actually the information that comes from various social media applications that people use. From various accounts such as Facebook, Instagram, Twitter as well as search engines such as Google and even other aspects that formed a part of the Internet of Things. As people began to use these applications, the volume of data being collected began to go on increasing.
As this humongous amount of data kept on increasing, there were very few ways to store and ever fewer ways to actually process the same. There were a few systems that were able to work with these databases. These were popularly known as the Traditional Database Management Systems or abbreviated as DBMSs. This was comparatively an old system which was still unable to work with the kind of progress that was being made in the otherwise expanding field of Big Data. Data could be divided into two types, unstructured and structures, the former kind of data was very difficult to be processed by rudimentary technologies.
This is why an advanced technology of DBMS emerged to fill the gaps, which today has come to be popularly known as the Hadoop data analytics programming. The inception and initial stages of Hadoop were in the form of the Google file system and the idea for the same was first discussed in the year 2003. Three years later the development process accelerated and transformed into an open source project which was later spearheaded by the Apache Software Foundation. Today, Hadoop is rapidly becoming popular as an open source database management system for processing enormous data sets using the programming tool called MapReduce. There are also many prominent clusters on which this software runs, like Cloudera Inc, Hortonworks Inc, MapR Technologies and so on.
Hadoop has attracted quite a number of data aspirants who wish to make a career in the field of Data Science and Data Analytics. There are many professional training institutes like Imarticus Learning today offering Hadoop training to many who would like to jumpstart their career as well.