Types of Mnemonics

There are various kinds of mnemonics working as memory devices. You will find many examples of mnemonics differing in varieties and flavors. The usefulness of a mnemonic is dependent upon the thoughts of people using it. Mnemonics are basically both visual and verbal.Some mnemonic examples are: 

Musical Mnemonics: There are several musical mnemonic examples. For example the ‘ABC’ song through which kids learn and remember the letters of the alphabet. 

Word or Expression mnemonics: Word mnemonics are known to be the best and most widely used mnemonics. In this type of mnemonics the first alphabetical letter of each word in a list is organized to make a phrase or word. For example the word ‘FANBOYS’ stands for the seven conjunctions that are- For, And, Nor, But, Or, Yet and So.  Also another Mnemonic worth knowing: Every Good Boy Deserves Fudge: an acrostic mnemonic for the names of the notes on the treble clef.

I before E
Except after C,
Or when sounded as A
As in neighbor and weigh.
(A rhyming mnemonic for a common 
spelling rule)

Name mnemonics: The first alphabet of each character from a list of facts is used to form a name of a commodity or an individual. For example if you pick the first letter from the colors of rainbow it becomes ‘VIBGYOR’. Each letter of this word represents a color: violet, indigo, blue, green, yellow, orange and red respectively. 

Model Mnemonics: Model mnemonics characterize some information by devising models to help people to realize and remember them. Pie diagram is an example of model mnemonics. 

Reference:http://www.pmemory.com/improve-memory-articles/mnemonics-examples.php


Note: The idea behind this blog is to give General tips, updates and inputs to all our students irrespective of his/her level, whether its coaching for B.Com (Honors/Program) Semester system, 1st Year, 2nd year or 3rd Year or coaching for Professional Entrance exams like CA-CPT, CS Foundation, CWA Foundation or IPCC, Inter or Main… or class XI or XII students. We believe that the basics don’t change, most of the exam battles are won here, in the head, and hence we encourage everyone to stay focused and positive … Your time and life is precious, feel free to speak to exam counselor at iQuest Commerce Academy or write to us at info@iquestcommerceacademy.com  in case you have any anxiety/apprehensions.

iQuest Commerce Academy is one of the leading coaching institutes of Delhi (South Delhi) imparting quality coaching for Delhi University B.Com (Honors) & B.Com (Pass) Courses. We teach all major subjects under one roof of all 3 years and have also delivered excellent results in Semester 1 of B.Com (DU) -2012. Our teachers are all well established and well known personalities and understand the importance of quality education and coaching. At iQuest Commerce Academy, we also undertake classes for Class XI-XII (Commerce subjects – Economics, Accounts & Maths) CA-CPT and foundation level of CS & CWA. Please feel free to call us for arranging a demo class.

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There are various kinds of mnemonics working as memory devices. You will find many examples of mnemonics differing in varieties and flavors. The usefulness of a mnemonic is dependent upon the thoughts of people using it. Mnemonics are basically both visual and verbal. 

Some mnemonic examples are: 

Musical Mnemonics: There are several musical mnemonic examples. For example the ‘ABC’ song through which kids learn and remember the letters of the alphabet. 

Word or Expression mnemonics: Word mnemonics are known to be the best and most widely used mnemonics. In this type of mnemonics the first alphabetical letter of each word in a list is organized to make a phrase or word. For example the word ‘FANBOYS’ stands for the seven conjunctions that are- For, And, Nor, But, Or, Yet and So.  Also another Mnemonic worth knowing: Every Good Boy Deserves Fudge: an acrostic mnemonic for the names of the notes on the treble clef.

I before E
Except after C,
Or when sounded as A
As in neighbor and weigh.
(A rhyming mnemonic for a common 
spelling rule)

Name mnemonics: The first alphabet of each character from a list of facts is used to form a name of a commodity or an individual. For example if you pick the first letter from the colors of rainbow it becomes ‘VIBGYOR’. Each letter of this word represents a color: violet, indigo, blue, green, yellow, orange and red respectively. 

Model Mnemonics: Model mnemonics characterize some information by devising models to help people to realize and remember them. Pie diagram is an example of model mnemonics. 

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Mnemonics…and their utility

mnemonic ( /nəˈmɒnɨk/,[1] with a silent “m”), or mnemonic device, is any learning technique that aids memory. To improve long term memory, mnemonic systems are used to make memorization easier. They do so by increasing the efficiency of the process of consolidation. This process involves the conversion of short term memory to long term memory. Commonly encountered mnemonics are often verbal, such as a very short poem or a special word used to help a person remember something, particularly lists, but a mnemonic may instead be visual, kinesthetic or auditory. Mnemonics rely on associations between easy-to-remember constructs which can be related back to the data that are to be remembered. This is based on the observation that the human mind much more easily remembers spatial, personal, surprising, physical, sexual, humorous, or otherwise meaningful information, as compared to retrieving arbitrary sequences.

First letter mnemonics

One common mnemonic for remembering lists consists of an easily remembered acronym, or phrase with an acronym that is associated with the list items. For example, to remember the colours of the rainbow, use the mnemonic “Richard Of York Gave Battle In Vain” or the fictitious name “Roy G. Biv”. Another one is HOMES to help people remember the names of all of the Great Lakes (Huron, Ontario, Michigan, Erie, and Superior.) Another mnemonic is “Bill Brown Realized Only Yesterday Good Boys Value Good Work”, representing the colours black (0), brown (1), red (2), orange, yellow, green, blue, violet, gray, and white (9).[4]

Mnemonics for numerical sequences

Mnemonic phrases or poems can be used to encode numeric sequences by various methods, the most common using the number of letters in each word. For example, the first 15 digits of the mathematical constant pi (3.14159265358979) can be encoded as “Now I need a drink, alcoholic of course, after the heavy lectures involving quantum mechanics”. Piphilology is the practice dedicated to creating mnemonics for pi.

Reference: http://en.wikipedia.org/wiki/Mnemonic

Note: The idea behind this blog is to give General tips, updates and inputs to all our students irrespective of his/her level, whether its coaching for B.Com (Honors/Program) Semester system, 1st Year, 2nd year or 3rd Year or coaching for Professional Entrance exams like CA-CPT, CS Foundation, CWA Foundation or IPCC, Inter or Main… or class XI or XII students. We believe that the basics don’t change, most of the exam battles are won here, in the head, and hence we encourage everyone to stay focused and positive … Your time and life is precious, feel free to speak to exam counselor at iQuest Commerce Academy or write to us at info@iquestcommerceacademy.com  in case you have any anxiety/apprehensions.

iQuest Commerce Academy is one of the leading coaching institutes of Delhi (South Delhi) imparting quality coaching for Delhi University B.Com (Honors) & B.Com (Pass) Courses. We teach all major subjects under one roof of all 3 years and have also delivered excellent results in Semester 1 of B.Com (DU) -2012. Our teachers are all well established and well known personalities and understand the importance of quality education and coaching. At iQuest Commerce Academy, we also undertake classes for Class XI-XII (Commerce subjects – Economics, Accounts & Maths) CA-CPT and foundation level of CS & CWA. Please feel free to call us for arranging a demo class.

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Careers in Insurance

In the liberalization era the Indian insurance industry has witnessed exceptional growth with participation of both public and private sectors players. There are many public and private players both in the field of life and non-life insurance business. The major government companies are Life Insurance Corporation of India (LIC), General Insurance Corporation (GIC) and Postal Life Insurance. Private players like Om Kotak Mahindra, Birla Sun-Life, Tata AIF Life, Reliance, HDFC Standard Life-Insurance Co., Max New York Life, Royal Sundaram, Cholamandalam, IFFCO Tokyo and Tata AIG are also there. This sector not only provides a protective shield to the lives and assets of the nation but also generate thousands of jobs and career opportunities.

Course Details
To pursue a career in the insurance industry, one has to pass the entrance examination conducted by the Actuarial Society of India, Mumbai. Students who have passed 10 + 2 or equivalent exam are eligible. License is needed to work in this field which can be achieved through a training programme. Insurance Institute of India conducts Licentiate, Associateship and Fellowship plus other training programmes for insurance services.

Career Prospects
Post-graduates in any discipline can be recruited as Asst. Administrative Officers through the recruitment exam conducted by the insurance companies. Graduates can apply for Development Officer in insurance companies whose main task is to market and procure business. Besides this people who are certified by Actuarial Society of India can be an insurance agent. They are the people who advice the individuals and enterprises about insurance protection to their health, life and properties and sell the policies to provide protection against financial loss. Depending on their educational qualification and strengths, the agents have a good chance of becoming an employee of the company. Insurance agencies also employ independent professionals like mechanical engineers and doctors as insurance surveyor to access the actual loss and avoid the false claim made by insured. The post of Assistants, Typists, Machine Operators, Stenographer, Telephone Operators, Clerks etc. are open to graduates and school-leavers and the age limit is between 18 to 25 years.

Institutes Offering
Actuarial Society of India, Mumbai; Amity School of Insurance and Actuarial Science, Noida; Birla Institute of Management & Technology, New Delhi; College Of Insurance, Mumbai; Institute of Insurance & Risk Management, Hyderabad; International Institute for Insurance and Finance, Hyderabad; International School of Actuarial Sciences (ISAS), Hyderabad; National Insurance Academy, Pune; The ICFAI School of Finance and Management, Hyderabad etc.

Remuneration
The pay scale in the government sector is as per government rules depending on each position. In the private sector, the salary scales are more lucrative. They take in management graduates to work mainly in the areas of marketing and sales with an initial salary ranging from Rs 15,000 to Rs 25,000 per month. Commissions are the most common form of compensation for insurance agents and the amount depends on the type and amount of insurance sold. Earnings of surveyors depend upon nature of work and assignments.

Reference: http://entrance-exam.net

Note: The idea behind this blog is to give General tips, updates and inputs to all our students irrespective of his/her level, whether its coaching for B.Com (Honors/Program) Semester system, 1st Year, 2nd year or 3rd Year or coaching for Professional Entrance exams like CA-CPT, CS Foundation, CWA Foundation or IPCC, Inter or Main… or class XI or XII students. We believe that the basics don’t change, most of the exam battles are won here, in the head, and hence we encourage everyone to stay focused and positive … Your time and life is precious, feel free to speak to exam counselor at iQuest Commerce Academy or write to us at info@iquestcommerceacademy.com  in case you have any anxiety/apprehensions.

iQuest Commerce Academy is one of the leading coaching institutes of Delhi (South Delhi) imparting quality coaching for Delhi University B.Com (Honors) & B.Com (Pass) Courses. We teach all major subjects under one roof of all 3 years and have also delivered excellent results in Semester 1 of B.Com (DU) -2012. Our teachers are all well established and well known personalities and understand the importance of quality education and coaching. At iQuest Commerce Academy, we also undertake classes for Class XI-XII (Commerce subjects – Economics, Accounts & Maths) CA-CPT and foundation level of CS & CWA. Please feel free to call us for arranging a demo class.

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Careers in Taxation

Taxation is a process of imposing financial charge (tax) on the citizens who earn ‘taxable’ income. Tax is levied upon the tax payers by the Central Government, State Government or any authority of a state, such as the Municipality or the Local Council. Tax collection is an important role of the government, because the tax paid by the citizens forms its integral source of income. Commerce graduates and post graduates are generally hired for jobs in the field of taxation. Many institutes in India are conducting courses in the field, to produce competent professionals who can work in the field of taxation.

Course Details
Many colleges and universities in India are conducting courses in the field of taxation, at diploma and certificate levels. To pursue the undergraduate level courses, the aspirants must have passed Higher Secondary Certificate Examination or 10+2 from any recognized state/national Board. To be eligible for the PG courses, one has to complete graduation in the relevant stream.

Career Prospects
Public sector undertakings are always in demand of efficient professionals who can deliver good performance in the field of taxation. The aspirants can join any related organizations as Tax Accountant, Employment Tax Specialists, State Local Tax Attorney specialists, Tax Policy Analyst, Tax Recruiter, tax advisor, Tax Manager, Tax Examiners, Collectors, Revenue Agents etc.

Institutes Offering
Many educational institutes in India are offering education in the field of taxation. Some of the prominent institutions are Annamalai University, Nagpur College of Taxation, Institute of Chartered Accountants of India and Indian Institute of Taxation. Apart from this, commerce colleges have included taxation as an important part of their curriculum.

Remuneration
Remuneration in the field of taxation varies from one organization to the other. However, beginners can earn a salary of Rs 200000-Rs500000 per annum.

Reference:http://entrance-exam.net/

Note: The idea behind this blog is to give General tips, updates and inputs to all our students irrespective of his/her level, whether its coaching for B.Com (Honors/Program) Semester system, 1st Year, 2nd year or 3rd Year or coaching for Professional Entrance exams like CA-CPT, CS Foundation, CWA Foundation or IPCC, Inter or Main… or class XI or XII students. We believe that the basics don’t change, most of the exam battles are won here, in the head, and hence we encourage everyone to stay focused and positive … Your time and life is precious, feel free to speak to exam counselor at iQuest Commerce Academy or write to us at info@iquestcommerceacademy.com  in case you have any anxiety/apprehensions.

iQuest Commerce Academy is one of the leading coaching institutes of Delhi (South Delhi) imparting quality coaching for Delhi University B.Com (Honors) & B.Com (Pass) Courses. We teach all major subjects under one roof of all 3 years and have also delivered excellent results in Semester 1 of B.Com (DU) -2012. Our teachers are all well established and well known personalities and understand the importance of quality education and coaching. At iQuest Commerce Academy, we also undertake classes for Class XI-XII (Commerce subjects – Economics, Accounts & Maths) CA-CPT and foundation level of CS & CWA. Please feel free to call us for arranging a demo class.

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College quotes

1.One of the great mind destroyers of college education is the belief that if it’s very complex, it’s very profound.

2. The things taught in schools and colleges are not an education, but the means to an education.

3. When bright young minds can’t afford college, America pays the price.

4.The purpose of the university is to make students safe for ideas — not ideas safe for students.

5. I have never let schooling interfere with my education.

6.Fathers send their sons to college either because they went to college or they didn’t.

7.The average Ph.D. thesis is nothing but a transference of bones from one graveyard to another.

Reference:http://www.coolnsmart.com/college_quotes/

Note: The idea behind this blog is to give General tips, updates and inputs to all our students irrespective of his/her level, whether its coaching for B.Com (Honors/Program) Semester system, 1st Year, 2nd year or 3rd Year or coaching for Professional Entrance exams like CA-CPT, CS Foundation, CWA Foundation or IPCC, Inter or Main… or class XI or XII students. We believe that the basics don’t change, most of the exam battles are won here, in the head, and hence we encourage everyone to stay focused and positive … Your time and life is precious, feel free to speak to exam counselor at iQuest Commerce Academy or write to us at info@iquestcommerceacademy.com  in case you have any anxiety/apprehensions.

iQuest Commerce Academy is one of the leading coaching institutes of Delhi (South Delhi) imparting quality coaching for Delhi University B.Com (Honors) & B.Com (Pass) Courses. We teach all major subjects under one roof of all 3 years and have also delivered excellent results in Semester 1 of B.Com (DU) -2012. Our teachers are all well established and well known personalities and understand the importance of quality education and coaching. At iQuest Commerce Academy, we also undertake classes for Class XI-XII (Commerce subjects – Economics, Accounts & Maths) CA-CPT and foundation level of CS & CWA. Please feel free to call us for arranging a demo class.

 

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Career in Capital Market

 

 
   
 
   
   

Liberalized Indian economy has opened up the capital markets for domestic as well as foreign investors. Due to the heavy flow of capital into the capital markets and its steady growth there are many employment opportunities in this sector. Besides this coming of private players and many financial institutions into the capital markets has further widen the scope of employment here. Capital markets comprise of stock exchanges and mutual funds. As this is one of the fastest growing area in Indian economy here we can see more job opportunities. Mutual Fund industry is playing an active role in the capital market today and is one of the fastest growing industries.

Course Details
Job in capital markets is best suited to people from commerce and economics background. However anyone from any stream of study can enter into this field. The minimum qualification is a NSE’s Certification in Financial Markets (NCFM). National Stock Exchange (NSE) has a facility for testing and certification by launching NSE’s Certification in Financial Markets (NCFM). NCFM is an online testing system, a revolutionary concept in administration of examinations and the only one of its kind today in the country. It has been specified by SEBI that all brokers/dealers in the stock market have to obtain the NCFM certification. SEBI has made mandatory for any entity / person engaged in marketing and selling of mutual fund products to pass AMFI certification test (Advisors Module) and obtain registration number from AMFI. This certification remains valid for 5 years from the date of the test.

Career Prospects
Graduates having the AMFI certification can work as Business Development Managers / Relationship Managers / Advisors for the marketing and distribution of the mutual fund schemes. Relationship Managers / Advisors assist investors in their financial planning by recommending them ideal investment portfolio and building customer relation. Likewise graduates having NCFM certification can work as an assistant to stock broker or become an independent stock broker. Graduates also can choose to be agent/advisor/distributors and sell various schemes launched by mutual funds. Besides highly qualified professionals from Commerce, Economics, Finance, Mathematics and Management background are required as Fund Manager or Portfolio Manager who decides about the investment of the fund’s underlying securities (money received from investors for investment), realizing capital gains or losses, and collects the dividend or interest income. There are also wide job opportunities in capital markets for Chartered Accountants, MBA Finance, Financial Analysts, Economics Masters, and Statistics Masters. Besides people with deeper knowledge in the working of capital markets can choose consulting as an option.

Remuneration
Capital market is a lucrative field for youngsters because it is highly remunerative. The income of share market brokers and mutual funds agents depends upon the number and type of scheme they sold to costumers. But it can be expected that they can easily earn Rs 1 lac to Rs 1.5 lac per annum with little effort. The remuneration of highly qualified professionals is even more depending upon the nature of the company they work with. Expected salary of CAs, MBAs, and CFAs can be within Rs 3 lacs to Rs 6 lacs. The private finance planner/advisors are earning good returns out of their consultancy service in capital markets.

 

Reference: http://entrance-exam.net

Note: The idea behind this blog is to give General tips, updates and inputs to all our students irrespective of his/her level, whether its coaching for B.Com (Honors/Program) Semester system, 1st Year, 2nd year or 3rd Year or coaching for Professional Entrance exams like CA-CPT, CS Foundation, CWA Foundation or IPCC, Inter or Main… or class XI or XII students. We believe that the basics don’t change, most of the exam battles are won here, in the head, and hence we encourage everyone to stay focused and positive … Your time and life is precious, feel free to speak to exam counselor at iQuest Commerce Academy or write to us at info@iquestcommerceacademy.com  in case you have any anxiety/apprehensions.

iQuest Commerce Academy is one of the leading coaching institutes of Delhi (South Delhi) imparting quality coaching for Delhi University B.Com (Honors) & B.Com (Pass) Courses. We teach all major subjects under one roof of all 3 years and have also delivered excellent results in Semester 1 of B.Com (DU) -2012. Our teachers are all well established and well known personalities and understand the importance of quality education and coaching. At iQuest Commerce Academy, we also undertake classes for Class XI-XII (Commerce subjects – Economics, Accounts & Maths) CA-CPT and foundation level of CS & CWA. Please feel free to call us for arranging a demo class.

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Careers in Financial Analysis

 

 
 
 
   

Financial Analyst is a person, who on behalf of his/her clients, analyzes and studies the financial data and further guides them about their investments. A financial analyst critically scrutinizes the details of the company, in which his/her client wishes to invest. For the purpose, he/she studies their financial reports by having direct, one to one conversation with officials of the organization and experts of the industry. Detailed report of the findings is prepared in order to draw a conclusion regarding the purchase and selling of the company’s stock. An financial expert may even have to analyze a merger or take over of an organization. To become a good financial analyst, one has to be dedicated, determined, focused and hard-working, because he/she can not afford to be wrong in the research work. Apart from this, numerical skills, patience, logical interpretation of facts and good communication skills also play a vital role to become a financial analyst. It is a job of a specialist, who always needs to be on his/her toes in order to meet the deadline. The profession of a financial analyst demands long working hours and at times, multi-tasking as well. A good financial analyst should be able to accomplish a complicated task with ease.

Course Details
To become a financial analyst, one can opt for a degree program in business, accounting, statistics, or finance at under graduate level or a business administration program at post graduate level. He/she should have studied mathematics, computers or social science as compulsory subject at the undergraduate or 10+2 level. The knowledge of preparing spreadsheets, Hyperion Essbase, MS office or other analytical tools is necessary for those who aspire to become financial analysts. A course like Chartered Financial Analyst (CFA program) is especially designed for financial analysts. All the above mentioned programs and awareness of business news would help to develop an aptitude towards the job.

Career Prospects
A career in financial analyst offers ample opportunities at junior as well as senior level. One can specialize and can expect a good career as any one of the following – Budget Analysts, Credit Analysts, Investment Analysts, Mergers and Acquisitions Analysts, Money Market Analysts, Ratings Analysts, Risk Analysts, Security Analysts, Tax Analysts, Chartered Accountant trainee and Wall Street Analysts. Job options in this field are not restricted to India itself, bright future prospects are available overseas. Banks and reputed firms are always in need of good financial analysts.

Institutes Offering
Various institutions all over the India offer specialized training and programs for financial analysts. Some of the reputed institutions are Birla Institute of Technology and Science (Rajasthan), Narsee Monjee Institute of Management, (Mumbai), International Management Institute (New Delhi), SP Jain Institute of Management and Research (Mumbai), Xavier Institute of Management, (Bhubaneshwar), ICFAI Business School (Kolkata, Chennai, Ahmedabad, Bangalore, Mumbai), The ICFAI University (Hyderabad).

Remuneration
A beginner can expect a salary between Rs15000-Rs20000 per month. An experienced person can earn a lot more.

 Reference:http://entrance-exam.net

Note: The idea behind this blog is to give General tips, updates and inputs to all our students irrespective of his/her level, whether its coaching for B.Com (Honors/Program) Semester system, 1st Year, 2nd year or 3rd Year or coaching for Professional Entrance exams like CA-CPT, CS Foundation, CWA Foundation or IPCC, Inter or Main… or class XI or XII students. We believe that the basics don’t change, most of the exam battles are won here, in the head, and hence we encourage everyone to stay focused and positive … Your time and life is precious, feel free to speak to exam counselor at iQuest Commerce Academy or write to us at info@iquestcommerceacademy.com  in case you have any anxiety/apprehensions.

iQuest Commerce Academy is one of the leading coaching institutes of Delhi (South Delhi) imparting quality coaching for Delhi University B.Com (Honors) & B.Com (Pass) Courses. We teach all major subjects under one roof of all 3 years and have also delivered excellent results in Semester 1 of B.Com (DU) -2012. Our teachers are all well established and well known personalities and understand the importance of quality education and coaching. At iQuest Commerce Academy, we also undertake classes for Class XI-XII (Commerce subjects – Economics, Accounts & Maths) CA-CPT and foundation level of CS & CWA. Please feel free to call us for arranging a demo class.

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Careers in Banking

Banking is one of the most important career choices among students because it is well paid, secure and high status career. Though it may appear that these jobs are meant for commerce/economics students but the fact is that majority of bank officers are from different streams of education like Arts, Science and others. The all round demands for professionals has made banks: Public Sector, Foreign and Multinational to recruit more and more MBA graduates, CAs and CFAs to enhance efficiency. Nevertheless bright graduates from any subject can get entry in the Public sector Banks through an All India Examination conducted themselves by banks. Emergence of technology-driven new private banks and entry of Financial Institutions into short-term lending business has created the requirement of more professionals. Now banks are in the mutual funds, securitization business, and credit cards, consumer loans, housing loans besides trading in gold and forex activities.

Career Prospects
Public sector Banks recruit mainly graduates for Clerical and Probationary Officer posts on the basis of All India Level examination. However professionals like engineers, doctors, technologists, lawyers, ex-defence officers etc are recruited on senior positions through All India tests. Graduates with commerce/economics are desirable candidates but any one from any stream can enter into this service by qualifying the exams conducted by banks. Private sector/Foreign Banks prefer to take MBAs, CAs, CFAs etc at junior positions through Campus recruitment and interviews. However, at the senior positions they opt for experienced bankers. Thus the officers from Public sector Banks become the natural choice for such positions. Besides academic background banks generally look for good communication skills, good interpersonal skills, and the ability to deal with customers, an alert nature, and basic knowledge of the industry. However to join foreign or private sector banks at higher than entry level one needs specialisation in some specific areas like project analysis, credit appraisal skills, managing huge loan portfolios and foreign exchange. Good computer knowledge is also always preferred.

Remuneration
Most Public sector banks clerks can get around Rs 10,000 – 12,000 while officers can begin in the Rs 12000 – 18000 per month scale. Professional like MBAs, CAs and CFAs recruited by public sector banks can have higher salary. But same professionals recruited by private and foreign banks are given pay packages to the extent of about Rs 25000-30000 a month.

Read more here: http://entrance-exam.net/jobs-after-cs/#ixzz1aTMApGqM[1]

Note: The idea behind this blog is to give General tips, updates and inputs to all our students irrespective of his/her level, whether its coaching for B.Com (Honors/Program) Semester system, 1st Year, 2nd year or 3rd Year or coaching for Professional Entrance exams like CA-CPT, CS Foundation, CWA Foundation or IPCC, Inter or Main… or class XI or XII students. We believe that the basics don’t change, most of the exam battles are won here, in the head, and hence we encourage everyone to stay focused and positive … Your time and life is precious, feel free to speak to exam counselor at iQuest Commerce Academy or write to us at info@iquestcommerceacademy.com  in case you have any anxiety/apprehensions.

iQuest Commerce Academy is one of the leading coaching institutes of Delhi (South Delhi) imparting quality coaching for Delhi University B.Com (Honors) & B.Com (Pass) Courses. We teach all major subjects under one roof of all 3 years and have also delivered excellent results in Semester 1 of B.Com (DU) -2012. Our teachers are all well established and well known personalities and understand the importance of quality education and coaching. At iQuest Commerce Academy, we also undertake classes for Class XI-XII (Commerce subjects – Economics, Accounts & Maths) CA-CPT and foundation level of CS & CWA. Please feel free to call us for arranging a demo class.

 

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Mutual Fund Careers


Related Courses
Certificate Course

Mutual Fund industry is playing an active role in the capital market today and is one of the fastest growing industries. Mutual funds industries offer multiple career options to the youths irrespective of their academic subjects. Graduates from arts, science and commerce can easily find a job in this promising and growing sector. Further, coming of private players and many financial institutions into the mutual funds markets have further widen the scope of employment in this sector.

Course Details
To start a career in mutual fund, the minimum requirement is a certification (Advisor Module) and a registration number from the Associations of Mutual Funds in India (AMFI). SEBI has made mandatory for any entity or person engaged in marketing and selling of mutual fund products to pass AMFI certification test (Advisors Module) and obtain registration number from. This certification remains valid for 5 years from the date of the test. Anyone irrespective of age and profession can obtain this certificate by qualifying the test conducted by AMFI.

Career Prospects
Graduates having the AMFI certificate can work with many public and private sector mutual funds. They can join as Manager, Relationship Manager and Advisor in mutual funds and work for marketing and distribution of mutual funds schemes. One can also work independently as a mutual fund agent or financial planner by suggesting ideal policy to customers.

Institutes Offering
The Associations of Mutual Funds in India (AMFI) is the only institute in India which offers certificate courses in mutual funds. Securities and Exchange Board of India has made it mandatory for persons or entity associated with mutual fund industries to obtain a certificate and registration number from AMFI.

Remuneration
Mutual Funds industry is a promising field for youngsters because it is highly remunerative. The income of mutual funds agents depends upon the number and type of scheme they sold to costumers. But it can be expected that they can easily earn Rs1 lac to Rs 1.5 lac per annum with little effort. Those who are working with various mutual funds can earn Rs 10,000 to Rs 25,000 per month.

Note: The idea behind this blog is to give General tips, updates and inputs to all our students irrespective of his/her level, whether its coaching for B.Com (Honors/Program) Semester system, 1st Year, 2nd year or 3rd Year or coaching for Professional Entrance exams like CA-CPT, CS Foundation, CWA Foundation or IPCC, Inter or Main… or class XI or XII students. We believe that the basics don’t change, most of the exam battles are won here, in the head, and hence we encourage everyone to stay focused and positive … Your time and life is precious, feel free to speak to exam counselor at iQuest Commerce Academy or write to us at info@iquestcommerceacademy.com  in case you have any anxiety/apprehensions.

iQuest Commerce Academy is one of the leading coaching institutes of Delhi (South Delhi) imparting quality coaching for Delhi University B.Com (Honors) & B.Com (Pass) Courses. We teach all major subjects under one roof of all 3 years and have also delivered excellent results in Semester 1 of B.Com (DU) -2012. Our teachers are all well established and well known personalities and understand the importance of quality education and coaching. At iQuest Commerce Academy, we also undertake classes for Class XI-XII (Commerce subjects – Economics, Accounts & Maths) CA-CPT and foundation level of CS & CWA. Please feel free to call us for arranging a demo class.

 

Reference: http://entrance-exam.net

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Careers in Forensic Accounting

Forensic accounting involves legal investigation and analysis of financial documents of any firm or client, who is involved in a legal dispute. A forensic accountant is an experienced auditor, who acts as a watch-dog of accounts of a company, in order to keep a check on the frauds. His/her job is to determine the accuracy of financial statements of an organization. With the growing number of fraud cases, the demand of good forensic accountants is on a rise. The job of a forensic accountant is quiet challenging. It requires commitment, loyalty, and devotion. Understanding of psychological theories, analytical/investigative skills is a must for the person. His/her conclusion should not be based on any assumption or opinion. Proper research work and detailed study of accounts is required to draw a fair and unbiased conclusion. Keeping in view of the increasing demand for forensic accountants, many institutes in India are offering courses to build a career in the same.

Course Details
Forensic accountant is a specialist, who needs to possess in-depth knowledge and understanding of business reality and the working of the legal system in India. Numerous programs are offered at under graduate as well as at post graduate levels. Considering the increase in incidents and diverse nature of forgery in the documents, specialized certificate programs have also been started.

Career Prospects
Forensic accounting offers wide range of scope for people, who possess sound knowledge in financial procedures and have investigative skills. One can find a job with clients, who are charged with allegation of fraud against the government, public, or private business, or a fraud involving insurance claims, real estate, investments and financial instruments. The proficiency of a forensic accountant is used to detect any financial crime. A person can utilize his/her forensic accounting skills to solve divorce disputes, business carelessness investigation claims, and personal injury claims. Forensic accountants are also hired by accounting companies. Numerous government agencies like the FBI, IRS, CIA, and local government offices at times require their services.

Institutes Offering
In the current scenario, career in forensic accounting has emerged as a lucrative option in India. Several institutions are offering training and education to become a good forensic accountant. Indiaforensic Center of Studies (Pune) is one of the few, which conduct certificate course on forensic accounting and fraud detection. The Institute of Chartered Financial Analysts of India University (Tripura) also offers post graduate diploma programme in forensic accounting.

Remuneration
Forensic accounting is one of the highly paid jobs in India. A  beginner can earn a salary between Rs. 25,000-30000 per month, while an experienced person can earn a lot more than that, probably in six figures.

Reference: http://entrance-exam.net/jobs-after-cs/

Note: The idea behind this blog is to give General tips, updates and inputs to all our students irrespective of his/her level, whether its coaching for B.Com (Honors/Program) Semester system, 1st Year, 2nd year or 3rd Year or coaching for Professional Entrance exams like CA-CPT, CS Foundation, CWA Foundation or IPCC, Inter or Main… or class XI or XII students. We believe that the basics don’t change, most of the exam battles are won here, in the head, and hence we encourage everyone to stay focused and positive … Your time and life is precious, feel free to speak to exam counselor at iQuest Commerce Academy or write to us at info@iquestcommerceacademy.com  in case you have any anxiety/apprehensions.

iQuest Commerce Academy is one of the leading coaching institutes of Delhi (South Delhi) imparting quality coaching for Delhi University B.Com (Honors) & B.Com (Pass) Courses. We teach all major subjects under one roof of all 3 years and have also delivered excellent results in Semester 1 of B.Com (DU) -2012. Our teachers are all well established and well known personalities and understand the importance of quality education and coaching. At iQuest Commerce Academy, we also undertake classes for Class XI-XII (Commerce subjects – Economics, Accounts & Maths) CA-CPT and foundation level of CS & CWA. Please feel free to call us for arranging a demo class.

 

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