Demand for Data Scientists has doubled after the Corona outbreak!

Posted on August 1, 2020Categories Education   Leave a comment on Demand for Data Scientists has doubled after the Corona outbreak!

In recent times, especially after the outbreak, the demand for data scientists in India has grown exponentially. The emergence of Data science has changed how companies make decisions to drive a data-driven business at a larger-scale. As the organization is generating a voluminous amount of data, they need to utilize the data effectively and grow their business smoothly. This is why companies are actively looking to harness the power of data science knowledge. The goal of Data Scientist is to assist enterprises to make quick and effective decisions, to compete in this aggressive market.

Looking at the demand, career opportunities in data science has doubled in India and the world. As per a report, India is the second-highest country in hiring employees in the field of data science or data analytics, with 70,000 open jobs available. The average salary of a data scientist in India is 6-8 lakhs. Looking at the growing demand of data scientists, BSE institute offers a course in this. To know more, please visit http://gfmpedge.bsebti.com/cdsp_program.html

Brand investment in times of crisis: “Time to go in for the kill”

Posted on June 10, 2020Categories Education   Leave a comment on Brand investment in times of crisis: “Time to go in for the kill”

By Gabriela Salinas

Global Managing Director, Brand Finance Institute

Wiston Churchill once said, “the farther back you can look, the farther forward you are likely to see.” It is key to understand that there are so many lessons buried in historic crises and we should have them present not to repeat the same mistakes other brands have incurred during past financial crises.

This is why, in this article, we will review some publications and studies that illustrate two lessons:

  • Link between brand investment and brand strength during crises
  • Link between brand strength and business performance during crises
  1. Link between brand investment and brand strength during crises

During times of crisis, many companies resort to systematic marketing spend cuts, without considering the long-term consequences of this action.

The current crisis is no exception. According to an IAB suvery (IAB, 2020), “nearly a quarter (24%) of respondents have paused all advertising spend for the rest of Q1 & Q2.”

But what we are really interested in exploring is why companies systematically cut their investment in Communication at times like this. We can think of many reasons, but I think we can highlight five key reasons that explain this behaviour:

  • Because it´s easier to cut the marketing budget than firing people, for example.
  • Because brands are not considered as long-term assets that require continuous investment to protect their value.
  • Because it is wrongly believed that, after “going dark”, marketing investment can be increased again without any long-term harm. In reality, the problem is that the long-term effect that these cuts can have is not understood.
  • Because, generally, the key communication performance metrics (if any used at all) are not linked to value creation. If the metrics of the marketing measurement system do not explain the profitability of the investments, it is very difficult to justify why the investment should be maintained in times of crisis.

But academic and empirical evidence shows that crises represent the ideal time to take advantage of opportunities in a market in which most competitors are cutting back.

Peter Field (2008) analyzed 880 companies from the IPA database and showed that brands that increase their Share Of Voice (during recessions and boom periods) are more likely to increase their market share. The short-term benefits of reducing budgets in a recession were offset by the drop in long-term profitability (which was most acute after the third year of reduction).

But while some companies cut down on their marketing spend, others have historically gone in for the kill and took the opportunity “steal market share” during financial crises. A.G. Lafley, ex CEO of Procter & Gamble, used to say that at P&G they had “a philosophy and a strategy: when times are tough, we build market share.”

The Drum has recently reported that P&G have committed to continue investing in communications to retain the “mental availability” of its brands (Deighton, 2020). Increased media consumption creates an opportunity to “double down” on brand visibility.

So, the first lesson learned from past crises: maintaining or increasing advertising investment during a recession, increases market share during the recession and the profitability in the long run.

  1. Link between brand strength and business performance during crises

Brand Finance conducted an analysis of the brands that had been most affected during the 2008 crisis in terms of negative impact n brand value (see Figure 1).

Figure 1. Sector Performance During the 2008 Financial Crisis

Source: Brand Finance

Within these sectors, not all brands performed equally. Our analysis reveals that during past crises, stronger brands are consistent winners during a recession (see Figure 2).

In addition to measuring overall brand value, and to understand brand resilience through crises, Brand Finance also evaluates the relative strength of brands, based on factors such as marketing investment, familiarity, loyalty, staff satisfaction, and corporate reputation. Alongside revenue forecasts, brand strength is a crucial driver of brand value. Brand Finance has tracked how brand values have fluctuated during the three major economic downturns experienced in 2009, 2012, and 2016.

 

The key take away of this long-term analysis is that strong brands, as measured by Brand Finance, perform better during crises, across all sectors. Considering brand strength, over the period from 2008 to 2019, the Consistent 100 Fallers have average Brand Strength Index (BSI) scores of 66 while the Consistent 100 Winners have average BSI scores of 72.

Figure 2. Average Brand Strength of Consistent Winners and Fallers in Time of Crisis

Source: Brand Finance

Two key learnings

En definitiva, invertir en comunicación (entendida en un sentido amplio, no sólo como inversion publicitaria) es rentable, porque aunque pueda impactar negativamente la rentabilidad a corto plazo, incrementa la fortaleza de marca, y de este modo, impacta positivamente la rentabilidad de largo plazo. El mecanismo es simple: invertir en marca incrementa la fortaleza de marca, y la fortaleza de marca está positivamente relacionada con el desempeño financiero de las compañías.

In short, investing in communication (understood in a broad sense, not only as an advertising investment) is profitable. Although it may negatively impact profitability in the short term, it increases brand strength, and thus, positively impacts profitability in the long term. The mechanism is simple: investing in marketing increases brand strength, and brand strength is positively related to the financial performance of companies.

As The Economist recommended back in the 2008 crisis, “it is time to go in for the kill.”

About the author

Gabriela Salinas es Global Managing Director of the Brand Finance Institute. Gabriela is a Global Managing Director of the Brand Finance Institute. She has a broad international experience, having worked for clients such as Bank of America, Repsol, YPF, Telefónica, Terra Networks, Bausch & Lomb, Johnson & Johnson, Roca, GM, Great Eastern Life. In addition to her everyday work, she lectures on Brand Valuation, Management and Strategy at several business schools in Europe and Latin America. Gabriela has written numerous academic articles and books on brand valuation, among others: “Brand Valuation: a review of approaches, providers and methodologies” (2007, Deusto, Spain), “Brand Valuation: measuring to create value” (2008, Deusto, Spain) and “The International Brand Valuation Manual” (2009, Wiley, United Kingdom).

 

References

 

Business Laws you should be aware of

Posted on December 10, 2019October 6, 2020Categories Education, Entrepreneurship, Executive Courses, Indian Economy, Mergers & Acquisition, Mutual Funds, Public policy   Leave a comment on Business Laws you should be aware of

Your business might be a separate entity on paper, but it is always going to be close to your heart. After all, your business is the bread and butter for all practical purposes.

So, what makes a business run smoothly in the longer run? A lot of you might say “sales”. Of course, sales is important and growth in sales every year is a positive sign. This is only possible if the business is doing business ethically as per the law of the land.

Business’ engaging in unethical practices come under the radar at some point of time, leading to a mega boycott by its consumers, suppliers and Government – which eventually making it a business from the past.

Different countries have different business laws. There are a few laws that are common, and a few that are different in each and every country.

Following business laws is very important as –

  1. You want your business to continue for a long time
  2. You don not want to end up in jail
  3. Your business has to be eligible for local, national and international contracts.

When in India, there are few business laws that every single business owner must know.

Business Formation Law

Before you start a business, you need to choose the type of business you wish to run. Are you planning to run a company that is public, a business with limited liability, sole proprietorship, or family business.

Once this is done, the owner must register his company with his regional Registrar of Companies (RoC).

Finance laws

Business runs on money and during the early days it is important to invest sufficient amount of money to keep your ship afloat.

Mainly, there are 3 ways to fund your business:

  1. Equity: By selling equity shares of your business, you bring cash in return which will help you grow your business.
  2. Debt: You incur a debt by taking out loan for your business at a fixed interest rate.
  3. Self-finance: This doesn’t need an explanation. You take money from your savings to fund your business.

Employment laws

You might be the only person working for your business during its early stages, but eventually when your business grows, you will have to start hiring.

When you have employees working for you, you must abide by labour laws and have agreements in place to ensure there are no conflicts in future. Ensuring you meet all labour/ employee law requirements may sometimes require you to hire consultants.

Intellectual Property Laws

If you have A business that invests heavily in research and development and builds new proprietory products – you need to be careful about Intellectual Property laws. It is necessary that you have a copyright, trademark, or patent it so that others cannot copy it.

Information technology laws

The use of technology in almost every single business is mandatory. It is also important to adapt to new technologies so that your business doesn’t lose out on efficiency.

Technology is the life blood of businesses now, but that comes at the risk of online threats. This is why the Government of India has introduced the IT act so that your identity and privacy is legally protected.

Contract laws

This is one of the most important laws to know. The laws that we spoke about until now thrive because of the contract law. This is a contract where both the parties unanimously agree to the stipulated conditions mentioned in the and agree to work together.

This needs to be communicated rightly so that there’s no dispute later on.

Conclusion

All major business players in the Indian market are known to abide by business laws to conduct business in India and the World. Only with clean books of accounts can the local and national population trust   a business. This is important for bidding for local, national and international contracts. This ensures longevity and a stable growth for the business.

BSE Institute Limited’s Executive Program in Securities and Business Law is all you need for building a stable empire, built on sound legal guidelines and trust. Join now!

 

Financial success with Fundamental analysis

Posted on December 4, 2019Categories Analytics, Corporate Finance, Education, Financial Markets, Investment Banking, Mutual Funds   Leave a comment on Financial success with Fundamental analysis

How do you evaluate a human being? We usually tend to do a background check, look at the person’s past records, his current status, and finally come to a conclusion.

Its the same with a company. An investor, before investing, looks into the financial data of the company before coming at a valuation. This method of financial analysis where every basic detail of a company is studied is known as Fundamental Analysis.

Why is fundamental analysis important?

  1. Evaluation of management

Management is the final decision making body that holds together an entire organization. Fundamental analysis will help you understand the management of an organization, and how efficient they are.

  1. Company and its competitors

A thorough fundamental analysis will not only tell you if a company is profitable, but also about its market share and how it fares as compared to its competitors. If a company cannot outperform its competitors, it won’t last in the longer run.

  1. Fair value

Analyzing a company’s past and present is important to understand its fair value. Fundamental analysis can help in arriving at this value by evaluating the company. This will help in understanding if the company is overvalued or undervalued.

This analysis will help you understand the fair value and pick stocks for investment.

  1. Future pricing

The most important factor an investor is concerned about is the future value of his investment. A company’s business model will help understand if it’s going to make money in the near future.

Fundamental analysis helps in forecasting the future price of a stock. If an analyst finds a favourable future, he will decide to invest his money into the company and vice versa.

How do you conduct fundamental analysis?

  1. Company website

A company’s website is the first place you need to visit. This will give you an idea about the company, its business’, board meetings, objectives, investor information and much more. This will help in getting an overview about the company and understanding if its worth considering.

  1. Company’s financial statements

Any company’s financial statements are readily available on the internet. It is important you go through its profit and loss statements, balance sheet, forecasts, etc to understand it’s health and future prospects. If this shows a year on year increase in sales and profits constantly, it should be a good investment.

  1. Debt ratio

A company’s debt ratio will help you understand if its a good long term investment. A company having a debt ratio of less than 1 is usually seen as a good investment. It means that it is not heavily under debt and can grow quite fast.

It is the duty of an investor to conduct fundamental analysis of a company by looking at various factors that influence its market share, longevity,valuation, and profitability.

Conclusion

Fundamental analysis involves an in depth understanding of a company’s competitors, industry and finances. This is important from an investor’s perspective as it’s his money that will be involved in the business.

To understand how stock markets work, why and how fundamental analysis impacts a company’s shares, opt for BSE Institute Limited’s Basic Program in Stock Markets.

Online learning at your fingertips

Posted on December 3, 2019Categories Education, Undergraduate Courses   Leave a comment on Online learning at your fingertips

When it comes to new innovation, skepticism follows it. We have been skeptical about a lot of innovations, but eventually we get used to it. Be it using Financial technologies (Fintech), use of social media sites on phones, and the list goes on and on.

Online learning platforms are today a huge hit, but there was a time when people were skeptical about them. An ever increasing number of people are opting for online courses because of various reasons. Being a cheaper option and flexible learning time are some of the most important factors that have given the virtual class an edge.

Some people doubt the online coaching platforms because they tend to believe, people who opt for such courses are lazy or not good enough to sit inside a traditional classroom. Adding to such doubts is a misconception that there are no doubt solving sessions.

Instead of drowning deep inside all the negativity and misconceptions, let’s talk about reasons why online training programmes are better than normal classroom sessions.

  1. Wide range of options

Online training platforms offer a wide variety of courses to its users. This enables people from various educational backgrounds to choose a course of their liking and develop modern skills and adapt to new technologies.

The options available are vast, ranging from free digital marketing courses, software programming, various technical languages that you could learn, and even executive MBA courses from some of the top B-schools in the world.

  1. Flexible learning

Anyone who has spent hours inside a classroom will tell you how difficult it is to keep your concentration levels stable throughout the lectures. It makes it difficult for people to grasp everything that has been taught during lectures.

Online learning enables you to watch and learn through online classes at your speed and time. This ensures that the person is able to focus throughout the module and better understand all the topics.

Moreover, you can pause, rewind and replay your online lectures and complete it at your own pace.

  1. Learning made easy

There are a lot of concepts in different subjects that are hard to understand through textbooks. These concepts are simplified and shown in an interactive way through online courses, which makes it easier to understand.

Visuals that you see with your naked eyes get registered in your brain and last longer. This is something traditional methods of education can’t afford to do.

  1. Flexible schedule

Once a person gets into a corporate life, it becomes difficult for him to learn something new. The current work environment is so competitive that a few skill sets could help you stand out.

People who go to work every single day need to develop a certain skill set in order to elevate their career.

Online certificate programs are the perfect remedy for this issue. An everyday office goer can learn new skills at a time and place of his choice. With this, challenges like traveling and interference with your job schedule are completely eliminated.

  1. Solving queries

One of the misconceptions that we spoke earlier was about doubt solving sessions. Online courses have forums where candidates can clear their queries. These forums include a vast number of people from the same discipline discussing about topics and solving queries to help the candidates in need.

Training portals also have dedicated doubt solving sessions which are conducted live.

  1. Benefiting both the parties

We have spoken about the benefits from a student perspective. Let’s talk about the benefits for a teacher.

There are teachers who have given up their profession due to some personal reason. These teachers can benefit from online courses as they can now teach from a location of their choice. This is now the source of income for many people interested in teaching and had previously given up on their careers for personal reasons.

Conclusion

Online learning is not a trend that will fade away with time. Ever since its introduction, the number of users have increased rapidly. This has led to new online platforms being created. The rise has even seen online degrees being issued by some of the biggest Universities on the planet.

 

Choose a finance course from bsevarsity.com, a 100% subsidiary of BSE India, the world’s largest stock exchange and gain new skills to move up in life.

Build your wealth, Build it with wealth management

Posted on September 9, 2019Categories Education, Executive Courses, Financial Markets, Global finance, Indian Economy, Investment Banking   Leave a comment on Build your wealth, Build it with wealth management

The money that you earn is what backs you financially throughout your life. The problem is when you realize that the money earned is not sufficient enough to cover certain long term/ short term needs. This is exactly why you need to plan for multiplying your income.

Wealth management is your master plan for building multiple sources of income that can keep you comfortable throughout your life.

In order to have a well-planned wealth management system at your disposal, individuals hire wealth managers who assess their income sources and their financial goals.

Wealth managers act like CFOs for individuals. A wealth manager will start by developing a plan for his client which will involve steps to increase his wealth keeping in mind his risk taking appetite, goals and his financial situation. Once this is done, the client and the manager meet periodically to make changes and update the portfolio as required.

Let us suggest you a few tips that could act as the backbone of your wealth management plan.

  1. Spend less than you earnThis has to be the most basic and obvious tip you’ll ever get. The reason we mentioned this is because if you are planning to start managing your wealth, this is where you need to start.
  2. Invest only after proper research- There are various investment schemes for you to choose from. It is very important that you have thorough knowledge about the scheme you wish to invest in. After all it’s your hard earned money that’s at stake. One of the most common mistakes committed are by people who listen to the words of their friends or people they know personally. Never have blind faith in anyone when it comes to investing.
  3. Diversify your investments- In the words of Warren Buffett, “never test the strength of the current with both feet”. The reason being that the market is a volatile place filled with unpredictability. One of your investments might be giving great returns for years, but that doesn’t mean you should invest all your wealth in the same place. Diversifying your investment will keep you on the safer side at all times and ensure that market fluctuations don’t mess your whole portfolio.
  4. Be patient- Investing is no doubt a thrilling game, but it is important that you be patient at all times. The nature of market is such that it could test your patience and cause frustration. Believe in your investments and keep monitoring them. Always keep an eye and observe the investments that are performing and non-performing and accordingly shuffle your investments.

We have spoken about wealth management from an individual’s point of view, but it’s certainly not that narrow. It is extremely important from a business’ point of view to keep an eye on managing its income, expenditure and planning for the future.

A fine example now in the news, is the story of Micromax. Micromax is a consumer durables company that started off by selling mobile phones and now is getting into selling fridges, washing machines and electric vehicles. From the time they were valued at Rs. 21,000 crores in 2015, to dropping to a valuation of Rs. 1500 crores!

Many Private Equity investors are now selling their stakes in Micromax for heavy losses. These PE players are selling their stake for Rs. 93.65 crore to the promoters, who will now hold over 85%.

So why are investors shifting their money away from Micromax, when the company still has a lot of sales. The reason is that there are many Chinese brands which have flooded the Indian telecom market.

Chinese brands have changed the entire mobile phone market in India. These firms introduced the latest mobile phones, advertised heavily and built a solid distribution network in the market. This put many established players like Micromax on the back foot and they have struggled to adapt ever since.

Venture Capitalists and Private Equity Investors are companies which have raised funds from other HNIs, banks and other financial institutions. They come under tremendous pressure to pull out of loss making investments. PEs and VCs have to make money and reinvest the profits in other businesses. The managers running the funds get paid only when they earn profits. By staying put in a company with a falling valuation, the chances of earning, are quite low.

This is what successful investors do. They move their money from one investment to another – multiplying each time they move it. That’s how they build their wealth. This is how HNIs grow their wealth, but remember this – they all begin at the same place.

Conclusion

Wealth management is one of the most basic financial information that a person needs to know. It doesn’t matter if you’re from a different background, because we all earn money and our goal is to multiply it.

BSE Institute’s Executive Program in Wealth Management offers you an opportunity to manage your money with ease. This is your chance to be the person who doesn’t have to worry about money, because money to work for you!

Building with bonds

Posted on September 4, 2019Categories Corporate Finance, Education, Financial Markets, General, Global finance, Indian Economy, Investment Banking   Leave a comment on Building with bonds

Current account deficits, budget surplus, fund raising, etc, are all big terms which we hear about Governments during budgets. Have you ever wondered how a Government earns revenue when it plans to build bridges, roads and ports?

The Government just cannot print money when it plans to spend! It needs to have money it receives in the form of taxes for planning infrastructure expenditure, social sector spending and to pay employee salaries. A big majority of the income earned by Governments is via taxes – income tax, GST, export and import duties, etc. However only income earned through these is not sufficient to fulfill all budgeted commitments.

This is why Governments also raise funds through financial markets, primarily by selling long term bonds to investors. A bond is basically a loan taken from banks, Private Equity funds, Venture Capital Funds or anyone who has the capacity to lend large sums of money. The investors are paid a certain rate of interest for investing in these bonds.

An advantage of these bonds is that an investor can easily sell these on the bonds market and get his investment and interest almost immediately after purchase. Therefore, an investor can literally invest today and get a great return on his investment in a matter of few hours. Also, the chances of a Government defaulting are very very low, as a country can simply print money in order to meet its debt obligations and hence there is no risk of any debt default.

This has been the greatest attraction for investors, as it’s possible to multiply your funds immediately, without any risk of default.

In India, we have different types of bonds which are as follows:

  1. Government Bonds- These issued by the central government with mandatory periodic returns. The government borrows money to fund roads, schools, etc. These are also known as ‘sovereign debt’, and a good option for people with a low risk appetite.

 

  1. Corporate Bonds- These are bonds used by large financial corporations. They tend to give better returns but, there is a possibility of default as it’s corporates who issuing the bonds. A company’s assets are usually tied as collateral against bonds.

 

  1. Municipal Bonds- These bonds are issued by the state governments or the local governments in order to raise money for the government activities. They need to have a maturity period of 3 years and are backed by the government, and hence are safe for investors.

 

  1. High Yield Bonds- These are bonds rated below investment grade. They offer a high rate of interest because it runs a higher risk of default. It is usually issued by small companies who have just entered the market.

 

  1. Public Sector Bonds- These bonds are issued by Public Sector Concerns, which are companies, owned by the Central or the State Government. Therefore, the risk of default is again very low.

 

France, the second largest economy in the Euro zone is one of the latest European countries to issue negative rate of interests on its bonds. The other few notable names are Germany, Switzerland, Netherlands, Austria and a few others. What this means is that an investor is paying these countries to take his money! This situation arises, when investors don’t find other safe investment option and are basically buying bonds to safeguard their funds from taxes.

It’s quite a turnaround for the European Union, which in 2008 was on the brink of collapse, due to a possible debt (bonds) default by Portugal, Ireland, Italy, Greece and Spain. From sky high bond yields to getting paid for accepting investments – its’ quite a turnaround!

As the Euro Zone countries share the same currency, they have only one bank, .i.e. the European Central Bank (ECB). The bank’s Governor is nominated by taking all Euro zone countries on board. But, here’s the catch! These countries cannot print as much money as they wish to as no single country has any control over the central bank. Therefore, no country can spend without any worry and investors run the risk of facing real defaults.

This was an unseen circumstance for investors and the Governments. It resulted in severe budget cuts for the countries mentioned above in order to have an economy that can pay for these bonds. This resulted in a severe recession across Europe and in effect the World.

Apart from the Euro Zone crisis there have been very few instances of countries defaulting on their bonds. Thus, bonds are a great way for investors to earn money safely and quickly.

Conclusion

An investor is blessed with multiple investment options to choose from. It is time Indian investors start taking bonds seriously. They are one of the most underrated forms of investment.

BSEVarsity.com offers you a Certificate Program on Bond Markets to give you a better understanding of bond markets, and help you diversify your investments.

 

Personal finance, as easy as personal hygiene

Posted on August 13, 2019Categories Education, Executive Courses, Mutual Funds   Leave a comment on Personal finance, as easy as personal hygiene

“Money compounding is one concept that does not hit you unless your stars are aligned”

Manoj Arora

Managing personal finances is an underrated life skill. It hits you right on your head when your responsibilities start piling as you get married. It is common to see youngsters, who start earning, spend the money without a care in the world. However, that changes the moment they become parents or have any medical emergencies.

A set of personal finance rules will make sure you’ve funds for your luxuries, debts, emergencies and all the other expenses one might incur.

It is always better to plan for the future instead of regretting when its too late.

For all of us who wish to begin building a strong portfolio, here are a few tips that you can follow easily:.

  1. Set a budget

The first thing you need to learn when you start earning, is to budget your expenses. Budgeting means planning your finances.

Keep a track of all the things you do throughout a month. Divide your earnings in such a way that your expenses are lesser than your savings. This will not only help you gain control over your earnings but also help you keep track and plan for the future.

The future is unpredictable and you never know which month might end up being expensive. You must be financially ready for these moments.

These are the few things you need to keep in mind when you budget your earnings:

  • Earnings
  • Savings
  • Expenses
  • Investment

Your earnings are the total amount you receive at the end of the month, which is divided into 3 funds. You need to divide it in a way to make sure that the average of your investments and savings is more than your expenses.

  1. Investing

After planning your budget, decide the investment amount.

Any person who invests, expects a return sometime in the future.

We do this for multiple reasons, from supporting our family needs to buying luxury items and many more.

The greatest dilemma for any investor is, “where to invest”? Here are some of the most sought after and common investment options for investing-

  • Stocks- When you buy a stock of a company, you’re entitled to a share of the profit, whichever is incurred. This type of investing has its own risks but at the same time it could be a very profitable scheme for you.
  • Fixed Deposit- For people who don’t have the appetite for risks, this is your safest bet. Expect a return of around 6% on your investment. The returns are lower than stocks, but definitely risk free.
  • Mutual funds- Mutual funds have lesser risks when compared to individual stocks or bonds. Funds accept investments and invest in individual stocks on their own. Your money is invested by fund managers, who have a few decades of experience in managing funds.
  1. Get rid of your debts

Once you start budgeting your expenses and investing, you’re half way there. People start struggling when they can’t get rid of their debts after using credit cards. Compound interest is the biggest trap you could fall into, so our advice is to avoid credit cards.

Now, if you’re the sort of person who can’t resist a credit card, make sure you pay more than the minimum amount due each month. This could help you save huge chunks of money in the long term.

On other hand you’ve certain debts like the ones incurred while purchasing a home can be seen as a good debt. There are 2 crucial reasons why it could be a good debt. Firstly, make sure you invested into an asset whose value is set to increase. Secondly, opt for lower rate of interests which will be beneficial in the long term.

High interest rates will make getting out of debt a huge task in the longer run, so make sure you look into these fine details.

  1. Insurance

You might think that everything is has been covered from budgeting your expenses to investing and getting rid of debts, but don’t forget that you’ve built something very important here and this fortune needs to be protected.

There are certain unexpected disasters that could leave you in ruins. If you’re not insured, it could leave a huge hole in your pocket. In order to stay protected during such situations it is important to have a permanent or term life insurance as per your needs.

Conclusion

No matter who you are, or what your current financial situation is, if you can follow these few tips, you can secure your financial future. Differentiate between your needs and wants, and then build on it.

BSE Institute’s  Executive Program in Investment Management helps professionals learn basic and advanced concepts of investing and portfolio management. It can help you be a top notch investor in no time.

 

Be online, to get ahead of the line!

Posted on July 22, 2019Categories Education, Short term programmes   Leave a comment on Be online, to get ahead of the line!

The digital age has disrupted many many business models. It has changed the way we do many things such as – shopping, travel, ticketing, hotel booking, etc. And why not? There are many good reasons for it to happen! Better customer service, lower costs, more facilities, etc.

Education today continues to be a distant challenge for many people across the world. For those who do get educated, sometimes the degrees they earn don’t teach them the real world skills, necessary to bag jobs. It is because of these market mis-matches that education as an industry is ripe for disruption.

Online education is a good option for students for a variety of reasons.  The tech and the pedagogy which power online learning have gotten considerably better over the last few years.  Now it seems that online education is actually outperforming traditional education.  Evidence of student success and preference, for the online classroom is rising day by day – and this will offer widespread benefits for all of us.

A Babson/College Board study showed that 77% of academic leaders think that online education is equal to or superior to learning in a physical classroom.  Over 69% of chief academic officers believed online learning is a critical part of long-term education strategies.

A 2018 study conducted by Learning House, also showed 85% of students who had previously enrolled in both classroom and online courses felt that their online experience was either the same or better than the classroom course.  This included 37% people, who felt it was a superior experience.

Examples of online degrees outperforming traditional degrees can be found across the globe and across students of all ages.  In the U.K., University of Essex’s online degrees placed in the top 18% of all U.K. institutions with a 91 score in the National Student Survey (NSS) run by Britain’s higher education regulator.

Students are increasingly turning to online courses because it has become a better way to learn.

  1. Online courses offer students greater control over their own learning by enabling them to work at their own speed.
  2. More engaging multimedia content, greater access to their instructorsand fellow classmates via online chat, and less likelihood of outside scheduling conflicts can contribute to improved retention metrics.
  3. Online courses also opt to include more frequent assessments. They believe that – more often students are assessed, the better their instructors can track progress and intervene when needed.
  4. Higher education today gives a huge variety of options for the students. This means that no matter what the studentwants to study, they can find the courses or programs they need online. Students can earn every academic degree online, which ranges from a career certificate to a doctorate.
  5. They prove to be a more affordable option than traditional colleges. Though not all online degrees offer less expensive prices than traditional colleges, but most of them always cost less.
  6. Students can listen to their lectures,complete their assignments and send them electronically, with no need to fight traffic or leave work early for class, or miss important family time.
  7. Online courses also give students an opportunity to plan study time around the rest of their day, instead of the other way around. Students can study and work as per their convenience. Course material can always be accessible online, making it a special library – which is always available for them.

All these depict how online education helps students balance work and family along with their education.

On many occasions, many students who have taken classroom and online courses now rank their online experiences equal to or better than their traditional classroom courses.  We have reached a a fork down the road, where it’s no longer a discussion about the relative merits of online learning, but a question about best way to implement it on a wider scale.

BSE Institute Limited, a 100% subsidiary of the world’s largest stock exchange, exists to support investors and working professionals. We have launched an online portal, bsevarsity.com, which provides over 100 short-term online courses in the field of finance. These courses can be useful for all students and working professionals who wish to increase their knowledge. Visit it now to learn more.

Indian Banking Sector – Growth opportunities and how to stay relevant

Posted on March 28, 2018Categories Education, Financial Markets, Investment Banking   Leave a comment on Indian Banking Sector – Growth opportunities and how to stay relevant

Current trends

The disposable income among urban and rural population has been steadily increasing over the past several years, and as a result, there has been an upsurge in spending, saving and deposits. Government in India, recognizing this unprecedented opportunity, has been making access to the banking system easier and simpler in the recent years.

The banking sector is about to get a further impetus and become an even more important player in the financial sector, as Government of India unveils a 2-year plan to reinvigorate the public sector through reforms and capital infusion of Rs 2.11 lakh crore (USD 32.5 billion).

Future prospects

With the government continuing to invest heavily in infrastructure, pushing for rapid project executions and introducing pro-growth reforms – Indian economy is all set for robust growth.  Consequently, the banking sector will receive a boost since the fast growing businesses would turn to banks for their credit needs.

It’s no wonder then that KPMG-CII, in their joint report, evaluated that India is on a trajectory to become the fifth largest banking sector globally by 2020.

What this means for you?

This is the best time to be a part of the Indian Finance and Banking sector.

The talent need for the sector will be higher than ever to meet the demands of the growing Indian economy.

According to a recent report by the National Skill Development Corporation (NSDC), the banking industry will likely employ about 14 lakh people by 2022.

With the rising use of technology in banking services, employers are looking at a wider set of skills from the employees to help manage banking operations efficiently, mitigate risks and enhance productivity while keeping the cost low.

Gearing up for opportunities

If you are keen to positively contribute and grow in the Indian Banking sector, then why not pursue a course to learn the finer aspects of Banking and Finance?

Introducing BSE Institute’ Post Graduate Program in Banking and Finance.

In this 10-month course, you will get thorough knowledge of banking operations, FOREX markets, international trade and finance, bank credit, legal environment of banking and IT systems in banking. The course is split in two semesters comprising 20 subjects and a project. Apart from extensively training students in all things banking and finance – the program hones your analytical and decision making ability, communication skills and self-confidence, while helping you become a better leader and manager adept at handling diverse financial projects.

Students will learn functioning of financial markets, interest modeling, risk management, credit management, inflation, monetary and fiscal policies, commercial banking operations, financial statements, accounting guidelines, wealth management and many other subjects.

The seasoned faculty members at BSE Institute LTD take on the mantle of instilling practical knowledge while developing business acumen and innovative thinking in the students. BIL’s rich legacy spans over 24 years, in which over 8000 students have graduated to become successful finance professionals.

Which roles can you take up?

The course equips students to successfully contribute to any of the leading national or privatized banking and financial institutions as a Probationary Officer / Management Trainee.

If you are interested in BSE Institute’s Post Graduate Program in Banking and Finance, please visit pgpbf.bsebti.com.