Benefits of Corporate Training in the World of Business

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Let’s begin with looking at some statistics that will help us have a clear outlook on the whole aspect of corporate training and why it is come to garner such importance in the world of business today. It is estimated that by the year 2025, there will be about 262 million people on the face of our planet, who will be of the capacity to actually be employed in firms and companies. A common place fact remains that today, when companies hire employees, they are supposed to train them in order to ensure that they are able to achieve their productive best. This is similarly why on an average, a firm in the United States of America spends close to $5,380 on the training procedure of any new hire.

We happen to live in an era which is informationally enriched, which is why where on one hand there exists a great influx of information on the other hand, the whole process of prior knowledge is steadily being replaced by learning while keeping the job in perspective. Students today are still taught using the rudimentary techniques of chalk and board and some new audio visual technologies. But in spite of this, the new technologies, latest industrial processes, design are supposedly so advanced and complicated that they quite often just elude students, who take quite longer to just understand the same.

As we develop more and more we come to realize that there is a pressing need in the present times to create a workforce that is ‘updated’ with the current industry standards. While in the earlier days there did exist conventional ways of training in order to help a candidate function better, these included orientation sessions, internships and a slightly different take on practical learning being taught to the students. This was still not able to suffice the demands of both the professionals as well as the industries. Which is what gave impetus to the introduction of corporate training.

Corporate Training can be simply explained as the bridging of the gap between academics and industry. This involves all the ways as to how higher education when formulated in a proper way can help out the candidates to become confident enough, or self-motivated enough to work efficiently in any industry in their career. The recent times have seen a number of experts express their opinions on the need to create a proper kind of collaboration between the world of corporate learning and education. While this may be the popular rhetoric, there is still a long way to go and these two industries have 99% differences within themselves.

There are various ways in which the concept of corporate learning can be implemented. Such ways would include social collaboration, which would involve a number of highly interactive technological platforms, then one could also devise proper functioning learning management system interfaces as well as repeated learning system. There are a few institutes in India which are actually going ahead and following the nuances of corporate training such as Imarticus Learning and are actually able to receive due recognition for the same.

 

Introduction to Wealth Management

wealth managementWealth Management although seen by many as a field with gold laced benefits and great perks and ultimately leading to a refined, high standard lifestyle. This is why there happen to be so many people who are both attracted to and want to make a career in this field. Basically speaking, wealth management is referred to as a high level professional service, which is a combination of both financial services and investment advice. Apart from these two major components, other minor components of this include various tax services, accounting, retirement planning, legal as well as estate planning and so on.

Just like the name suggests, this profession is usually meant for the management of the wealth of a certain individual and helping them in order to spend their financial assets so that they get maximum returns and dividends out of the same. Here, these individuals or clients are better known as high net worth individuals are actually supposed to work with these Wealth Managers, who are usually responsible for collating the required information from financial experts and then sit with their clients’ attorneys to discuss the different ways which would be highly beneficial for their clients to invest. While this is more of a mainstream with these individuals, there are also certain wealth management professionals who deal with banking services and providing their clients with advice on philanthropic advice.

Basically we can infer that this field is predominantly a field of working with clients and focusing heavily on their needs and demands. This is why many professionals are usually required to highly excellent communicators and should know well how to put their point across to someone very effectively so as to see their client make quality decisions. Usually this field is very popularly referred to because of the fact that a wealth management individual is said to be someone who can provide services as a part of any aspect of the field of finance. They are supposed to offer a holistic approach to their clients and help them in making conclusively beneficial decisions.

Wealth managers can be employed in various strengths, they can be seen working as a part of a small scale business as well as a part of the large scale financial services firm. These firms and companies that they work with or work under are required to be directly working as a part of or associated with the financial arena. These professionals can work under a number of different titles ranging from a Financial Advisor to a Financial Consultant. They can work as an individual running their own independent firm, or as a part of an agency which usually offers such kind of services.

The major functions of a wealth manager range from starting off by developing a plan which will not just maintain but also increase the wealth base of a client. This is concluded to after the professional does thorough research on the goals, the comfort level of the client with risks and financial standing. Many firms prefer wealth managers who have been thoroughly trained in keeping with the industry standards from institutes like Imarticus Learning.

Career Path In Investment Banking

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.

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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.

An Introduction to Corporate Training

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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.

 

Introduction to Global Marketing

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.

Download Global Marketing Prodegree Curriculum

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.

5 Investment Banking Career Options You Can Explore

Once the degree is in your grasp, it’s an ideal opportunity to settle on a strategy. Today the most popular step after getting a standard degree is to go ahead and get yourself enrolled in one of the vocational training institutes like Imarticus Learning and get industry endorsed training in their chosen field. Imarticus Learning, for instance, offers a number of finance courses for aspirants like, Investment Banking Operations, Global Markets, Financial Modelling and Valuation, CFA, Financial Risk Manager and so on.

Read about these Investment Banking professions choices and choose the one which coordinates your advantage level, abilities, learning and long haul vocation arranging.

Here you go:

  1. Commercial Banking and Insurance

A standout amongst the most desired vocations is in the banking segment.

On the off chance that you have the information and abilities in business credit, discount saving money and in ventures, obligation financing, merger financing, at that point you definitely stand a possibility in seeking after a vocation in saving money.

You can fill in as advance officers, handle keeping money operations, turn into a bank employee, dealing with obligations and credits, handle advertising and even move toward becoming branch directors.

On the off chance that you have the edge in risk assessment and examination range, the insurance part gives a ton of chances to you.

The insurance business is worth billions.

You can start a profession in protection turning into a statistician, in charge of ascertaining premiums and hazard valuation or you can turn into a business agent, offering protection strategies and working your way on the best.

  1. Investment Banking

Many individuals know about huge universal firms like J P Morgan, Goldman Sachs, Nomura Securities, Citi Careers and Deutsche Bank.

Be that as it may, there are different firms like SBI Caps, IDBI Caps, and 40+ Fund houses in India where back experts are popular.

These organizations are searching for experts having learning and abilities in money related examination, business investigation, monetary demonstrating, valuation, budgetary arranging et cetera.

Investment Banking offers a testing, requesting, exciting and a development arranged condition.

As an Investment Banker, you manage singular speculators and corporate securities, offering money related counsel and venture alternatives with most extreme advantage.

Keep in mind that lump section managing an account firms regularly select the hopefuls from top business colleges.

On the off chance that you are not from these B-Schools, you don’t have to worry as there are other Mid-Cap and Boutique Firms where finance experts are required to convey an indistinguishable work from in the enormous firms and the section into these organizations is relatively less demanding.

  1. Private Equity and Venture Capital

Private value firms orchestrate interest in organizations that are not traded on an open market on any stock trade.

Funding is a type of private value where the capital is pooled by the financial specialists and put resources into organizations.

Aside from speculations, funding and private values bargain in restructurings, oversaw buyouts and other corporate business exchanges.

Budgetary gauging, organization profiling and valuation is the principle work here. Also, for such work, fund experts are popular.

  1. Rating Companies

According to directions, organizations need to pick up rating from rating organizations. Many organizations are getting appraisals from such evaluating organizations.

Organizations like CRISIL, CARE, ICRA, Brickworks and Fitch have developed impressively over the most recent couple of years offering rating administrations and they will keep on growing in future as well.

Subsequently, there is interest for fund and rating experts. This is an extraordinary open door for back experts.

  1. Finance related Knowledge Process Outsourcing (KPO) Companies

Money related outsourcing organizations like Evalueserve, SG Analytics, ValueNotes require individuals with abilities like business examination, budgetary investigation, chance examination, report composing, MIS, Company profiling, monetary demonstrating, valuation and MIS.

Asset Management: Scope and Skill Requirements

asset management

There is a colossal request of resources in the space of asset management employments. However, let us initially get a hang of what asset management truly is.

As a financial specialist, all your opportunity and endeavours go in making sense of how to profit out of your current cash.

Regardless of whether it is a man’s cash or an organization’s cash – as a benefit supervisor your employment is to put that cash such that it gets aggregated more with least danger of losing that cash.

As a rich man, or a rich organization you wouldn’t have room schedule-wise to do it all yourself, and that is the place where asset management comes into the picture.

Asset management chiefs are experts with mastery in enhancing their customers’ portfolio and winning more cash for them.

Asset Management: Overview

Asset Management firms control the venture cash of their customers keeping in mind the end goal to accomplish a budgetary target inside particular rules of the speculation pool.

It can be as different money related compositions like benefits reserves, retirement stores, flexible investments or straightforward common assets.

It should be possible utilizing different budgetary vehicles like subsidiaries, choices, prospects, value scripts of securities.

Asset Management chiefs, contingent upon the customers’ targets and hazard craving, would deal with the assets and guarantee that the money related objectives are accomplished.

Asset Management: Skills and Talents

To have the capacity to work in an advantage administration organization, you have to have a specific arrangement of aptitudes and capabilities so as to be fruitful.

Following is the rundown of abilities that would be required to get a section into a benefit administration firm:

  1. Finance degree

This is the most importantly necessity of any asset management firm.

You need a legitimate graduate or post graduate degree in fund to begin a profession as a benefit director. You can also get additionally certified through various vocational training institutes like Imarticus Learning.

Ideally, the enormous organizations would need specific courses like CFA (Chartered Financial Analyst) for key positions and even MBA (Master of Business Administration) had practical experience in the fund.

  1. Quantitative and explanatory abilities

Calculating is at the center of any fund employment, and resource administration is the same.

You should be knowledgeable with devices like SPSS and Microsoft Excel on the grounds that, you like it or not, you will be encompassed by spreadsheets and exercise manuals in your occupation as an advantage chief.

You should be OK with utilizing these devices keeping in mind the end goal to do your investigation.

  1. Administrative and relational abilities

As you will climb the chain of importance in an advantage administration firm, you will be responsible for your own group for doing some work, and in this way, you have to know how to deal with your assets.

You would likewise be engaged with front end or customer confronting exercises as an administrator, accordingly relational and relational abilities turn out to be critical for better execution.

Additionally, in this position, you would be required to take a considerable measure of choices that would bring about big time cash making or even misfortune.