Categories of Data Scientists

Just like there happen to be various categories of statisticians like for instance biostatistician, econometricians, and operations research specialists and so on, there are also categories of data scientists. In any particular industry, when it comes to one discipline, there still happen to be multiple people acting and working in similar yet different fashion. A simpler example would be the various categories of business analysts. These could range from professionals who have an expertise in the field of marketing, or product or ever finance. Similar is the case with the field of Data Science. Did you know that many data scientists, don’t even happen to have the same title that of a data scientist?

Now let us begin with the various categories of data scientists that are here, thriving and functioning in the industry. Firstly there are those who have statistics as their strong suit. They happen to be involved in development of new and improved statistical theories for the development of data science. They have a proper expertise in various subjects such as statistical modelling, experimental design, and sampling, clustering, data reduction and so on.

Then there are those data scientists who have maths as their strongest suit possible. These people are usually the ones employed in high tech governmental and non-governmental agencies like the national security agency, the operations and research departments and sometimes they are even astronomers or people working for the military and defence services of a particular country. These are the creamiest of the creamy layer of the society and are usually found to be collecting, analysing and extracting value out of data.

Those professionals who are supposed to be having expertise in the field of data engineering are known to be fitting right in into the third category of data scientists. These professionals generally work with a number of data analytical tools like Hadoop as well as work with database or file system optimization or the newest hot word in the market, are involved in the process of data plumbing.

The next few categories are although not as big hits as the three that precede them, but at the same time are extremely important as well. For instance, those who are involved in the field of machine learning, happen to be extremely strong with algorithms and computational complexity, which happen to be their areas of work influence.

Those professionals who work in the business category are usually those who work in optimization as a part of the various decision sciences. Their functions were apparently carried out by various business analysts earlier in the big gun type of companies. Whereas those who usually work with code development are found to be working in the field of software engineering. Then there are those data scientists who fall in the category of data visualization, spatial data and many more.

For a data scientist or a data aspirant to actually fall in any of the three categories, it is very important for them to first develop their faculties. For which most of these aspirants usually join professional training institutes like Imarticus Learning.

Why Must a Professional Learn Python?

Data Analytical languages or as they are popularly known, programming languages tend to be a little on the difficult side when it comes to learning them. Of all of them, it is believed that Python is one such language or tool, which is pretty easy to learn, especially when we compare it to the others. The syntax that this programming environment provides is not really that ceremonial and is quite easy to get a hang of. This helps all of those non-programmers work really efficiently in this software. When it comes to learning python or teaching it to someone, it is easier to do so with examples as opposed to teaching say Ruby or Perl mainly because of the lesser number of rules and special cases that Python has.

Many might have heard this name ‘Python’ for the very first time in the past couple of years. But what is interesting to know that this programming language has existed in the industry for the past 27 years, which is a lot more time. What then makes this tool so relevant in spite of being so old? It is the fact that Python can be pretty much applied to any and every software development or operations scenario that you can find in the world today. You can make use of python if you are looking to manage local and cloud infrastructure, or developing websites or have to work with SQL or even if you are looking for a custom function in order to make do with Pig or Hive, then Python applies there as well, this is a major reason as to why professionals especially those working in the analytical fields must learn python.

With python it is so easy that once you learn the language, you can very easily leverage the platform. It happens to be backed by PyPi which is pronounced as Pie Pie. Herein a user can make use of more than 85,000 modules as well as scripts. These modules are formulated in such a way that they are able to deliver pre-packaged functionality to any of the local python environments as well as solve a number of problems like the working of databases and the glitches therein, implementation of computer vision, and execution of advanced data analytics such as sentiment analysis or building of RESTful web services.

These days it has become quite a norm that any job you happen to be looking for, you will most probably be in need of having a skillset that is defined by big data and analytics which is why it becomes quite important for one to thoroughly understand the working of Python. As this data analytical tool happens to be a strong presence in the various areas of coding as well as data analytics it is sure to rule the roost in the near future. This is why we see a lot of professionals opting to learn Python from various professional training institutes like Imarticus Learning.

Global Marketing Prodegree Offered By Imarticus

Imarticus Learning is a renowned professional training institute in India, which believes in bridging the gap between academics and industry. They happen to devise comprehensive courses in such a manner so that those candidates who enroll herein are able to jumpstart their careers and achieve their dream job. One such course which promises to offer this exact same thins is the Global Markets Prodegree offered by this institute.
It happens to be a comprehensive course, which deals with global markets and also happens to be endorsed by MCX. The course will essentially run for a duration of 50 hours and will function like an online course, where candidates can learn on their varied paces.

This program is a short-term one in spite of which it provides the candidates with a thorough understanding of how exactly the Global financial markets work and what one means by the terms financial instruments, trading strategies and risk management and so on. The knowledge of these terms is given out by using the bottom-up approach as each and every concept is treated as a rung on the proverbial ladder and is thus explained through interactive stimulated trading platforms, coupled with amazing webinars.
All major assets classes that are traded on a global trading floor, as well as all the leading global exchanges, are taught about herein. Apart from this, the individuals enrolled in the program will get a chance to learn various fundamentals of trading and analysis, future trading strategies and will get to experience what is actually meant by risk management and trading psychology.

This program will run for a total of 65 hours and will be delivered in a training format that happens to be thoroughly online. These 65 odd hours will be divided into 50 hours of live interactive sessions over the weekends and 15 hours of self-paced videos that the candidates can watch at their own leisure.

This program won’t just be for educational purposes alone as it will also empower the participant resumes in an extremely industry endorsed way. This will take place through MCX certified Commodity Professional Certification which is recognised on the global level and apart from that they would also get a certification from Imarticus. Both of which will help enhance the capabilities of the candidates to actually shine in the field of Global Markets. The curriculum of this course would include global financial markets, exchanges and asset classes, fixed income, money markets, derivatives and so on to globally fixed income derivatives.

Online trading stimulation coupled with real-time prices on the global market, this state of the art platform of global trading will help candidates achieve a lot more than just reap the benefits of the theoretical knowledge. These participants will also be granted a 24/7 access to study materials, various learning aids and tests so as to add a boost to their course as a whole. Being an online course, the faculty and the students even though spread across various geographical locations will be able to connect and enrich each other’s knowledge through Imarticus Learning.

Career Path in SAS Programming

While all of us must be entirely aware of the fact that SAS Programming has come to become a very valuable tool as well as an asset in the field of Data Science, not many of us might know about its humble beginnings. The place was North Carolina State University, where a few budding candidates decided to take up an agricultural research project, which was going to be transformed into a major software and services company by the year 1976. Thus starting off as a platform for just research and development, SAS has seen a great progress especially with building for itself a stronger customer base in the industry. From the banking sector, to pharmaceuticals to academics, SAS has come to be the undisputed leader here.

sas career path

The Fortune survey has recognised SAS as one of the best environments to actually function in throughout the industry. A feat, which is achieved by quite few. This software programming tool has also carved out a spot for itself in the list of top 10 companies to work for in the previous year. Did you know that of the top 100 companies which figure in the Fortune 500 list of companies, about 94 of those companies are actually SAS customers? This is a testament for the fact that SAS is quite literally becoming the leader in the data analytics world and a career with SAS learning would be the most beneficial career ever.

SAS Career Path

Where can one get all the learning and training in the field of SAS? The SAS Institute is specially designed to offer a number of certifications and training programs to those candidates who enrol herein. There are various credentials which make up the various parts of any SAS certification program and these are mainly, Foundation tools, Advanced Analytics, Business Intelligence and Analytics, Data Management and Administration. There are other kinds of technical additions that one can also make while choosing the perfect course to fit them right.

Now as we have cleared out all of our doubts in terms of how to go about, in trying to get trained in the field of SAS, let us focus more on how exactly would the career pan out to be. For instance, there are many job sites today which literally have scores and scores of job postings for SAS programming experts. Not just that but these jobs also offer the opportunity to earn a lot higher as compared to those with expertise in the other data analytical tools. Apart from this, there are many other advantages like getting the perfect kind of job mainly due to the fact that the employers are actually looking for people with specific skills in this very arena. An outstanding work culture and quick returns paying SAS certification makes for a great career path in SAS analytics thus.

There are quite a few places from where one can get thoroughly trained in SAS Programming. One of the most refined ones could be Imarticus Learning which offers a score of comprehensive certification courses in SAS Learning.

 

Benefits of Corporate Training in the World of Business

data analytics

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.

career-cibop-2

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.