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eductional-blogs · 3 years
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GAIN AN UPPER HAND, WITH IN-DEPTH KNOWLEDGE
Choosing a major can dramatically affect your college experience and future career. Economics and Business Administration are two majors that may appear similar because they both focus on companies and goods. However, while they do overlap, students in these fields focus on different areas of study.
What is the difference between economic and business management?
 Business Management focuses more on the practicality of businesses and looks at organizational systems from a microscopic point of view, while Economic Management enables a broader point of view, analysing the connection between various factors. Business has a spotlight on accounting profit while economics has one on economic profit. The former deals with physical assets and cash flows whereas the latter takes into consideration more abstract benefits and costs like sunk costs, opportunity costs.
Business administration is the study of how businesses function, and gives a broad introduction to the various areas of a business. These areas include marketing, finance, accounting, human resources and business development. A bachelor’s degree in business administration is a special degree shortened to BBA. While business administration incorporates many economic ideas, a business administration degree tailors itself more narrowly than economics by focusing on how individual businesses run. Economics studies the production and consumption of goods in a society. It is a social science like anthropology or sociology. Economists may study how individuals make decisions in a greater economy, called microeconomics, or how the economy works as a whole, called macroeconomics. While economics involves business, economists do not study how an individual business runs or could improve. Economics focuses on the broader implications of what many individual businesses choose to do. In nerdy terms, Economics is the Social Science that focuses entirely on goods and services, or simply their production, distribution, and consumption. If Economics focuses on the big picture of the world’s finances, then you can say that Business Studies has a more specific vision, preparing you with skills to manage a specific company or organisation. Following Business Studies means you will learn how to create an organisation and then manage and develop it further. Studying Economics, on the other hand, will give you a broad understanding of past and present economic processes.  Indian School of Business and Finance, New Delhi offers some of the Best Post Graduate Diplomas in 2020, enabling you for that upper hand in your professional endeavors. Get the opportunity to pursue an education under the academic direction of the London School of Economics and Political Science (LSE) and earn an international qualification from the University of London (UoL), all possible in our National Capital of Delhi!
We will help you kickstart your careers in some of the most prestigious organizations across industries. With campus placements and internships in India, and international internships in London and New York, ISBF students pursuing 1-year diploma courses after graduation have the perfect guiding light into their future with us!
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eductional-blogs · 4 years
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Career in Media and Advertising
In contemporary times, when media consumption has drastically increased and almost every business is backed up by advertisements, the need for skilled professionals has shot up as well. The blurring lines between media and the business industry has prompted students from varied academic backgrounds to build a career in media and advertising. The diverse range of specializations and an increasing number of work opportunities along with a prospect of quick growth has further added to it.
What Should You Study?
A large number of business schools offer specialized master’s degrees like MBA in Media Management to train professionals for the job roles in the industry but to cater to some of the entry-level job roles an undergraduate degree is sufficient. An undergraduate degree that gives you a holistic view of the subjects like Economics, Management, and Finance should be enough and to gain a deeper understanding of the domain, a specialized MBA degree along with a few years of experience might be required. Owing to the lucrative prospects and unprecedented opportunities the industry witnesses a huge influx of applicants that contributes to the already tough competition. Having a degree that sets you apart and gives your resume an international edge becomes a plus point.
Where to Study From?
The job market for media professionals is global which is why it is essential to have a degree that is globally recognized. Indian School of Business and Finance offers courses that are academically designed by the experts at the London School of Economics. The students at ISBF study exactly the same curriculum as that of their counterparts at the LSE. Apart from that, they are facilitated with the resource material direct from the LSE and the final degree is awarded by the University of London. The institution offers 5 undergraduate programmes which are taught by the expert faculty members who go beyond the syllabus and give you a holistic view of the real-world scenario. Once you have a globally recognized undergraduate degree, you are set to pursue your master’s in Media Management from top universities abroad.
 Career Prospects
India being one of the largest nations in the world has brought many global media giants to invest in. There are a tremendous number of opportunities for graduates with degrees in Media in India. The media houses pay lucrative salaries and depending on the abilities of a candidate, they offer incentives and quick way to climb up the corporate ladder. Advertising industries as well as creative agencies are on a global hunt for competent professionals. If you have global exposure and some years of experience in hand, you are likely to be hired within the country and abroad as well.
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eductional-blogs · 4 years
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Career in Human Resources
With companies in a race to take skilled professionals on board, the role of an able human resources manager has become more important than ever. Students eager to start a career in the growing field of human resources plan their path accordingly. There is a range of opportunities out there for the students having specializations in Human Resources which is why it is becoming a career of choice for many. The prospects for growth in a shorter period of time makes it even more exciting.  
Roles and responsibilities of an HR
Human resources professionals handle every aspect of recruitment from screening, interviewing, and placement of candidates. Apart from that, they also handle payroll, attendance, and training of the staff. An HR specialist can be seen as the face of an organization playing an important role in the hiring of new employees and retaining the existing ones. Acting as a link between management and the employees, an HR professional helps in mitigating grievances and resolving issues within the organization. It is the work of an HR manager to ensure that the staff has everything they need to work. They also ensure that the work environment is safe and all protocols are being followed.  In small companies, HR professionals tend to do everything that falls in their domain while larger companies have a team of professionals who focus on a single area such as training and development or recruiting.
How to Become an HR?
HRM is taught as the subset of business studies at the undergraduate level but students wishing to gain a deeper insight into the field can pursue specialization courses at postgraduate and diploma levels as well. To be eligible for a diploma, a student must have completed his class 12th exams. Depending on the level of qualifications, a candidate can apply for entry-level as well as top positions in companies. While academic credentials play a central role, other skill sets like communication, leadership, management, etc are given equal importance. To become an HR generalist may require an undergraduate degree or a diploma while as for the position of HR specialist, a master’s degree is a prerequisite.
Career Prospects
Although the work is open to all graduates, having a relevant degree in Bussiness Management is preferable. If a degree from a reputed university is coupled with some years of work experience, it is likely to improve your chances of being hired at a top company with a good salary. A skilled HR professional is an asset for a company and enjoys a greater prospect for growth. If you have a strong portfolio then finding work becomes easier with a number of companies out there looking for reliable HR professionals. Having a solid academic background acts as a stepping stone to soar higher in the field. Indian School of Business and Finance offers internationally recognized programmes in Economics, Finance and Management, helping students to understand the core concepts of the domain with practical skillset. The curriculum at ISBF is designed by the experts at LSE and the final degree is awarded by the University of London, which makes ISBF an ideal choice for the students looking to make a strong career in Human Resources Management as well.
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eductional-blogs · 4 years
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International Education in India
Quality education is the only thing that sets a person apart from the rest of the world. It is an education that has helped many nations to overcome pandemics and financial crunches. Though the literacy rate has increased over the years but the quality of education has remained an issue for many countries, which is why students take admissions in the top universities abroad. Higher education being a billion dollar industry sees hordes of students travelling from one country to another in search of education that promises advanced skills, indepth knowledge and high-paying jobs.
 Most of the universities and colleges that are ranked among the top institutions globally are housed in the US and UK and international students have to pay a huge tuition fee and accommodation charges.
Online Education
Among the thousands of students who plan to study abroad, only a handful of them actually pursues education abroad due to financial reasons and low acceptance rates at the universities. To cater to the problem, the universities have started offering some of their courses online. Online education gives students freedom to study international curriculum at the comfort of their homes and that to at a substantially lower cost. Despite of this, only a few students enroll for online education as the classroom interactions and other on-campus activities that are valued equally are missing in the online mode of education.
Affiliate Teaching Centres
Many top universities, apart from offering courses online have partnered with the institutions in other countries to teach their courses. The institution in the host country offers same courses as that of the main university campus in other countries. The primary benefit of studying in an affiliate teaching caentre is that the students get to study the international curriculum and receive a globally recognized degree.
ISBF-LSE-UoL Partnership
Indian School of Business and Finance (ISBF) is the leading institution in India that provides international education in Business and Economics. The institution is among the top 5 affiliate centres to the University of London. Courses taught at ISBF are academically directed by the London School of Economics which means that the students at ISBF study exactly the same curriculum as that of their counterparts at LSE. Besides providing leading class education in India and that too at a relatively lesser cost, the institution offers a host of unique opportunities. Students can get their degrees transferred to other universities in the UK and US in their second year of study. All the students at ISBF get an access to the University of London’s resources and E-library to help them study the updated texts relevant to their course. Students at ISBF upon completion of their study, receive a degree certificate, and enjoy the alumni status of the University of London.
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eductional-blogs · 4 years
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CAREER OPTIONS AFTER B.Sc. Undergraduate Courses
Business graduates are in high demand across the globe, due to the fact that this blend of scientific and business courses often cover the all the aspects of human society, ranging from research to how emotional appeal can be used to sell certain products and services.
 Amongst all the colleges in India that offer undergraduate courses, Indian School of Business and Finance, New Delhi, is the only college to give such a diverse range of offerings in collaboration with it’s renowned International partner, the London School of Economics. (affiliated with the University of London)
 B.Sc courses that are booming in the fast growing economy:
 B.Sc. graduates are valued in almost all sectors due to the nature of these courses. ISBF provides B.Sc. courses in different verticals of finance and management, like B.Sc. Economics and Finance, B.Sc. Accounting and Finance, B.Sc. Economics and Management, B.Sc. Business and Management and B.Sc. Economics. Ensuring the curriculum increases the knowledge base, business skills and productivity of an individual, these courses are designed to help students prepare to plunge into the professional realm.
 Ranked amongst the top 10 institutions in the world for Economics, Management and Finance (QS 2020), the London School of Economics provides real time academic direction to ISBF, encompassing the curriculum design, custom study material and grading of the final assessments for all courses on these programs. B.Sc. graduates have an option of pursuing further studies or directly venture into the professional world with already the obtained theoretical knowledge and hands on training.
 Top academic coursers to pursue after B.Sc programmes are:
 Further specialization in the choice of your discipline, will give you that extra edge over your peers in this highly saturated market. Top academic courses to pursue after a B.Sc. degree are Diploma in Management, Diploma in Economics, Diploma in Finance, Diploma in Data Science, amongst many more. One-year diploma courses after graduation are not only beneficial to your resume, but they also equip you with skillsets needed to tackle professional corporate environment and the challenges that come with it. No matter which program you pursue from ISBF, you stand to receive a global top 10 education for sure!
 Bachelor of Science opens up a very promising career pathway, and even the options of pursuing further studies are numerous. Understanding where your potential lies, will help you decide your future!
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eductional-blogs · 4 years
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How an LSE Degree is a Game Changer?
The goal of education is the advancement of knowledge and the dissemination of truth— John F. Kennedy
 India has been at the forefront of producing global business leaders. From leading tech companies around the globe to launching innovative start-ups, business graduates from India have proved their mettle, but the dynamics of education are changing globally. New trends are emerging especially in business and technology that demands the education system to be drastically changed. Talent hunt has become global with recruiters evaluating applications from all over the world. In a time like this, having just a normal degree is not enough. Apart from years of work experience, the reputation of an institution you graduate from plays a crucial role. When it comes to quality education, only a few names come to mind and the London School of Economics is one of them. To get admission at LSE is not a cakewalk and on top of that, it is a costly affair.
Why LSE Education?
London School of Economics is one of the brand names known for offering excellence in business education and social sciences. The institution offers a unique opportunity to study social sciences where each programme has a global academic reputation. Renowned for its research in diverse fields, LSE is revered for producing intellectuals and business leaders including 18 Nobel laureates. The school offers over 40 undergraduate programmes and over 140 taught and research postgraduate programmes.
LSE education in India
Imagine getting leading class LSE education while staying in India and that too at a lesser cost. Not everyone can afford to go to the UK to study at LSE. While some find it hard to leave their homes and others face financial constraints. Indian School of Business and Finance was founded with the motive to bring world-class education to India. Being among the top 5 featured affiliate centres of the University of London, ISBF is the only institution that offers global standard education in India. The programmes taught at ISBF receive academic directions from LSE, which means that the programmes are designed, evaluated and graded by the experts at LSE. The final degree is awarded by the University of London allowing students to apply for jobs anywhere in the world. The students at ISBF enjoy all the facilities availed by their counterparts at LSE. Students get access to resource material and enjoy alumni status from the University of London.
 Not only does ISBF offer quality education in business and finance but it also gives students a perfect launchpad to explore their creativity. With a host of societies that host events round the year and other extracurricular activities. The close-knit community and healthy student-teacher ratio make it a perfect place of study.
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eductional-blogs · 4 years
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Bachelors in Business Management: Your Stepping Stone to Success
The current economic climate has increased the demand for well-equipped managers who can demonstrate business knowledge along with good management skills. This is why a degree in Business Management can enhance your CV and help you grab the job of your dreams.
 But why should you consider pursuing a degree in business management and what career opportunities does this degree offer to you? We have the answers.
 A degree in Business management opens up doors to an explosion of opportunities by creating a fundamental base to build your career or business. Now that business management courses are in such high demand, it is best to keep all the necessary information right at your fingertips.
Why Study Business and Management?
The last thing you want is to be stuck in a career field that will give you no options for changing fields in the future. BSc in business management is a degree that spreads across a wide range of industries like education, fashion, health, construction and many more.
 A BBM degree offer specializations across domains like marketing, entrepreneurship, MIS, global business, and much more. It requires a set of ethical, economical and social skills to run a business, and a bachelor of business studies will train you for it.
What Does a Career in Business Management Look Like?
 If you love working with people, then BSc in Business management is the right choice for you. Apart from putting your interpersonal skills to use, you will also be learning to organize, strategize, and plan for efficient business operations.
 Graduates and post-graduates of bachelor of business management can find a position for themselves essentially anywhere. And as aspiring managers, leaders, and entrepreneurs who wish to revolutionalize the business world, management courses are the right way to go.
What Can You Do with a Bachelors in Business Management?
 With a management degree in hand, you can explore several options - from taking care of the healthcare billing system in a hospital to managing the finances of a non-profit organization; any management position that you dream of could be yours. This degree will give you administrative exposure and help you make informed managerial decisions for the growth of the company. Other specializations that fall under the umbrella are HR, Finance, Marketing, Operations Management, Communication, and Strategic Management.
 BSc (Honours) Business & Management is a 3-year program with a comprehensive syllabus structure and comes easily to students who have studied commerce during their 12th. The eligibility criteria to pursue BSc in business management is 12th with a specialization in commerce.
As it can be hard to make career decisions right away, Business & Management Studies Colleges in India conduct open houses for you to explore your options.
 We hope, this blog helped you explore various career opportunities which are out there for those who want to pursue a Bachelor of Business Management in India. If not, you can always reach out to ISBF and get your doubts clarified. ISBF in affiliation with the University of London offers many UG, PG and Diploma courses in management studies.
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eductional-blogs · 4 years
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In-Demand Undergraduate Programmes for a Brighter Future
Exploring the right bachelor's degree can put a student at cross-roads, and incomplete information about undergraduate programmes are of little to no help. With hundreds of degrees to choose from, it’s difficult to make the right decision. Let's take a few minutes to give you information about the best undergraduate programmes so you can make the right choice.
What Is an Undergraduate Programme?
 A UG programme is a professional degree in India that is obtained after completion of class XII and ideally lasts for a duration of 3 to 4 years. Having a bachelor's degree not only boosts your career, but it provides more time for students to gain an in-depth study in the specialization subjects. As an academic discipline, undergraduate studies are preliminary eligibility criteria to apply for jobs or for a higher degree.
 Best Undergraduate Programmes
Here are the top 5 undergraduate programmes committed to providing you with a successful professional life and financial independence.
 BSc Accounting and Finance
In India, a bachelor in finance is a full-time undergraduate program specialising in accounts and finance management. This degree dives into the complexities of finance and accounts in the management processes of a financial organization.
 Some career prospects:
-          Banker
-          Financial Advisor
-          Market Research & Analysis
-          Public Sector Undertakings
-          Company Secretary
-          Auditor
  BSc Economics and Finance
Students who have a knack for learning and acquiring knowledge about global economies, models of finance and investment can go for this course. If you wish to pursue a career in business, an undergraduate course in economics and finance is a good foundation to start that journey.
 Some career prospects:
-          Data Analytics
-          Investment Analyst
-          Corporate Finance
-          Risk Analyst
BSc Economics and Management
A double major academic course, this degree trains in the principles and practice of management, along with a specialization in economics. As both of these aspects influence the markets, they are known to go hand in hand in administration. This degree competes with other business degrees and gets you employment right after graduation.
 Some career prospects:
-          Financial Administrator
-          Finance Trader
-          Market Research Executive
-          Logistics Manager
-          PR Officer
BSc Business and Management
This degree is a branch of professional career course that teaches the basic theories of organizational and strategic management. It’s the perfect stepping stone to acquiring an MBA or PG Diploma in management studies. This course if a lot more collaborative and specialised, as achieving this credential will lead you down a variety of career pathways.
 Some career prospects:
-          Business Administrator
-          Customer Service associate
-          Accounting
-          Audit Manager
-          Marketing Manager
What Next After an Undergraduate Degree?
After successfully completing your preliminary education, the next milestone is either applying for jobs or going for higher studies. Candidates who wish to pursue higher studies can look for MPhil or a PhD in related fields. Before deciding on your next step, book an appointment with an educational counsellor to get a sharper perspective. 
 You can reach out to a counsellor at Indian School of Business & Finance and understand your career prospects.
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eductional-blogs · 4 years
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How to Become a Chartered Accountant?
Right after completing their board exams, students start exploring their options for a promising future. One such highly revered career path is that of a Chartered Accountant. It is considered to be among the most demanding professions but it is highly rewarding as well. A Chartered Accountant or CA focuses on Financial Accounting, Management Accounting, Taxation, Audit and Insurance, and many other important tasks that are inherent to the business world.  Let us have a look at how to become a Chartered Accountant.
 One way to go about making a career as a Chartered Accountant is through the foundation course. The exam for the course is administered by ICAI and students can appear in it after completing their class 12th. Students need to study the Foundation Course for four months period and then appear for the exam. Those who qualify the exam then move to the intermediate course where they have to study for 8 months. During that period students have to go through four weeks of Integrated Course on Information Technology and Soft skills (ICITSS). The students who qualify in the intermediate exam are then admitted to the final course. During the last two years of a 3-year articled training, they have to go for four Weeks Advanced Integrated Course on Information Technology and Soft skills (AICITSS). After completing the articled training or during the last 6 months of it,  a student can appear for CA final exam.
 Another way to it is through the direct entry method where a student needs to have a bachelor’s or a master’s degree in commerce to appear in the CA exam. A commerce graduate or a post-graduate needs to have a minimum of 55% marks while graduates from other subject areas need to have 60% marks to be eligible for the exam.
Professional Experience
In a dynamic field like Chartered Accountancy, professional experience is a must-have. Once a student qualifies for the job, the next step is to gain work experience. In the beginning, it is advisable to build a considerable clientele to work with. If you are hired by an organization, then the job gets much easier. Once you have years of experience, the earning potential and job opportunities are increased.
Certification Exams
Different countries have different certification exams. One of the most reputed certification exams is offered by CFA Institute which is the world's largest association of investment professionals. The exam has three levels and is one of the toughest exams in the world. The CFA certification is globally recognized and a professional with this certification can work anywhere in the world.
   Being one of the toughest exams in the world, CA requires an in-depth understanding of the subject. A student needs to have knowledge of Economics, Finance, Accounting and Management to be able to crack the exam which is why the programmes at
ISBF
are a great fit for you. The programmes receive academic direction from the prestigious London School of Economics(LSE) and the final degree is awarded by the Universial
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eductional-blogs · 4 years
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Career in Supply Chain Management
Growth in businesses has given rise to many new job opportunities. Top schools around the world are in a competition to fill the gap for skilled professionals for diverse roles. A large business associated with the production of goods requires raw materials and for the sale of manufactured products, it requires a chain of stakeholders until final products reach the consumer. To keep a track of the whole process and ensure the free flow of raw materials and selling of manufactured goods on time, the companies need skilled Supply Chain Managers. For those who are good at management and know how to deal with suppliers and vendors, supply chain management is a good career choice for them.
What is Supply Chain Management?
 Supply Chain Management involves ensuring that a production unit or a company has everything that is required to manufacture and supply a product. The job of the manager involves dealing with vendors and negotiating for the best price. Once the products are made, the manager has to ensure that they are delivered to buyers on time. Supply Chain Management involves dealing with a lot of people and a person responsible for it has to be proactive all the time. When it comes to job prospects in Supply Chain Management, it is pertinent to mention that almost every business establishment requires logistical support for which an efficient candidate is needed. A small lag in the supply chain causes a huge loss to the company. Some of the responsibilities that come with the job include:
 ●     Planning
●     Analysis
●     Scheduling
●     Time management
●     Risk mitigation
●     Real-time problem solving
●     Decision making, leading
●     Financial management
What to Study?
Most of the time recruiters hire a candidate based on the experience and understanding of the job but a degree plays an important role especially when you are working abroad. Now that the competition is growing, having a job-specific degree gives you an edge over other candidates. Very few businesses schools around the world offer degree programmes in Logistics and Supply Chain Management. To cater to an entry-level job you just need a bachelor’s degree in Business Management or an MBA. But where you pursue your degree makes a great difference.
Whether it is applying for a job or a degree in Supply Chain Management, the reputation of an institution plays a great role. ISBF is one of the very few institutions in India that provides global standard education in Business Studies through its bachelor’s in business and management programme. The courses are taught directly from the curriculum of the renowned London School of Economics (LSE) and the final degree is awarded by the University of London. The undergraduate courses offered at ISBF are rigorous and designed to give you theoretical knowledge as well as hands-on training to prepare you for the industry.
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eductional-blogs · 4 years
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Career in Investment Banking
As soon as students graduate from a business school, their main concern is to find a job that they feel secure with and one that offers adequate opportunities to grow. Businesses all over the world are dramatically changing and creating new opportunities that were not there a decade ago. But some job options have remained as reputed as they were years ago except the modern-age technologies have further added to their charm. Investment banking is one such career choice that has produced a number of industry leaders in the business. Offering lucrative salaries and a dynamic work environment, it is one of the most sought-after careers.
What is Investment Banking?
Falling in the domain of the financial services industry, Investment banking deals with managing and increasing the financial assets of clients. Investment bankers devise strategies to guide clients on investing their assets to help them increase the value of their portfolios. Investment banking is a division in financial institutions dedicated to keeping a record of investments and portfolios. Being one of the most complex mechanisms in the financial sector, investment banking deals with providing a client with financial consultancy services to help them raise their capital. The job of an investment banker includes trading, mergers and acquisitions advisory besides lending money to firms and making a business more efficient.
How can you become an Investment Banker?
When it comes to investment banking, we often like to draw comparisons with Wall Street. To cater to an entry-level job in the domain, a bachelor’s degree in Finance or Economics acts as a stepping stone. In the US, investment banks recruit directly from Ivy League colleges while as in the UK, LSE and Oxford are the premier institutions that are given the preference. Fortunately, ISBF provides the best undergraduate degrees in finance and economics that are globally recognized and curated by the leaders in the domain. The academic direction for the courses comes from the prestigious London School of Economics and the final degree is awarded by the University of London.
 Once you have your undergraduate degree, you are set to launch your career as an investment banker, but to cater to a position at a reputed firm, you need to have an advanced degree and some work experience. An internship comes handy in gaining critical exposure and helps a lot in networking, which is an asset of an investment banker.
 Most of the professionals, after gaining some work experience go for an MBA or a master’s degree which potentially helps them in getting higher salaries. Getting entry into top business schools is not a cakewalk. They have a rigorous selection process for their master’s programs. Having a globally recognized degree from ISBF is surely going to give your application a boost.
 What are the career opportunities?
When it comes to career prospects, investment banking offers some of the most luxurious opportunities. Entry-level jobs at the top investment firms offer decent salaries while top positions can offer you a whopping amount. Though the job requires a tedious amount of work, the remuneration is equally rewarding. Top recruiters around the world include JP Morgan Chase, Goldman Sachs, Bank of America Merrill Lynch, Deutsche Bank, Barclays Capital and many more. With a salary ranging from 3 Lac to 16 Lac per annum for freshers, the job of an investment banker offers a great opportunity for growth.
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eductional-blogs · 4 years
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Diploma in Economics- All Your Questions Answered
The Postgraduate Diploma in Economics helps bridge the gaps between theoretical knowledge and its application to solve real-world problems. This programme is designed for anyone who wants to gain a deeper understanding of economics to either enter the domain as a professional or pursue advanced education in the field.
 ISBF’s Diploma in Economics attracts undergraduate students from universities and colleges across the country. This list includes Delhi University colleges such as Shri Ram College of Commerce, Lady Shri Ram College, Jesus and Mary College, Hindu College and Sri Venkateswara; Delhi Technological University; St Xavier’s College, Mumbai; IIT-Roorkee; and Christ College, Bengaluru.
 What is a diploma in economics?
The Diploma in Economics in India covers the qualitative aspects of economics along with empirical research. There are three compulsory modules in this programme namely, Microeconomics, Macroeconomics and Econometrics. The aim of this Diploma is to build on existing knowledge students have gained in their undergraduate, while preparing them for the graduate-level understanding of subjects. In addition, students can tailor the curriculum to their aspirations by choosing any one of the three optional modules: International Economics, Monetary Economics and Mathematical Economics.
 Is the Postgraduate Diploma in Economics for me?
This Diploma Programme is for you if:
●        You aim to pursue higher studies in Economics or related disciplines from a prestigious international university in the UK or USA.
●        You know that your prior education in Economics has not fully equipped you with a deeper knowledge that you can apply to real-world economic crises.
●        You would love to propel your existing knowledge of mathematics for economic modelling and analysis.
●        You have had your fill of rote learning and now want to pursue a programme that pushes you to truly apply your mind.
●        You aspire to become a leading economist.
 What do Diploma in economics career opportunities look like?
In case you were wondering which is the best college for a postgraduate diploma in Economics in India, at ISBF students have an impeccable track record of being placed in leading corporate companies in India as well as internationally in New York and London. It is, however, important to note that to qualify and excel at the Diploma Programme, one should be prepared to undergo the academic rigour of an LSE curriculum and have some understanding and aptitude towards Mathematics and Statistics.
The Career Services Division at ISBF continually works to provide students with valuable opportunities in leading companies through its extensive network of organisations. It regularly organizes lectures, workshops and industry visits in order to give our students a first-hand experience of the corporate life they will step into after earning their prestigious academic qualifications at ISBF.  In recent years, ISBF graduates have been placed in firms like S&P Capital IQ, Ernst & Young, Moody’s, IHS Markit, Citibank and Walmart, to name a few.
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eductional-blogs · 4 years
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Career in Accounting
We often get to see a doctor when something isn’t right with our body. Similarly, a business needs a specialist who assesses risks and helps a business venture function profitably. An Accountant’s task involves working with individuals, small businesses and large companies to prepare financial reports and tax documents. Be it a small business or a company with hundreds of employees, it is an Accountant who keeps a record of a company’s financial transactions. 
 Accounting as a career option has seen many takers over the years owing to the rapid surge in businesses and rise in the number of start-ups. Modern businesses are more branched and involve a number of aspects which makes it a daunting task to keep a track of things. To make a business run seamlessly when a number of stakeholders are involved becomes imperative and that is where the job of an Accountant comes into play.
What is Accounting?
Accounting is an organized and systematic way to keep a track of business transactions and verifying them and then later preparing a report on them. An Accountant’s job is to design an information system to identify and record the relevant information about the economic activities of a company then prepare a report on that. An organization can later have a look at the report and assess their progress and work on the areas that need improvement. Thus,  an Accountant is an asset to the company who does a variety of tasks from risk management to preparing reports to devising sound strategies that are likely to benefit an organization in the long run. Accounting can be termed as the “lifeline of a business” and some people call it “the language of business”. A company can take calculated risks and make better decisions to make profits in a short period of time based on the reports provided by an Accountant. Not only that, but an Accountant also helps companies to function within the realm of law and thus prevents from breaching it. 
Job Prospects
An experienced Accounting professional draws a lucrative salary which makes it one of the highest paying jobs in the world. But the reputation of a business school plays a pivotal role in shaping your career as an Accountant. Getting admission at the top business schools is not a cakewalk and requires a great deal of hard work and ample financial resources. Keeping in consideration the financial constraints of a student, ISBF offers one of the best courses in Accounting. BSc (Hons) Accounting & Finance is taught under the academic directions from the prestigious London School of Economics or LSE and the degree is awarded by the University of London. At a relatively lower cost, you can get a globally recognised degree in Accounting to help you kick start your career in the field. The rigorous course at ISBF can help you realize your dream to study abroad and not draining all your savings. 
 During the course of 3 years, you can expect to get a deep learning experience in subjects like Microeconomics, Financial Reporting, Accounting Theory and Statistics. ISBF’s erudite faculty members employ modern teaching methods to prepare students for the ever-changing market. 
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eductional-blogs · 4 years
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Master’s vs MBA
What is an MBA?
An MBA (Masters in Business Administration) is a degree that comprises various business principles, such as accounting, economics, finance, and marketing. It is a specific type of master's degree which focuses inherently on business skills.The degree is designed to develop the skills required for careers in business and management. An MBA programme allows you to learn how to successfully manage, lead, organize and adapt in a variety of business environments. The skills learned through it equip you with practical skills as well as theoretical knowledge that can be applied at various business opportunities.
Throughout your program, you’ll apply ideas from the classroom during real-world consulting projects and gain exposure to an array of business functions. You will also develop leadership and team management skills  working with your  classmates’ and others’ practical experience via group work and case studies. The results will afford you a comprehensive set of business and management skills that are applicable to a wide range of industries and career tracks.
MBA holders, and depending on the specialization, work in industries related to finance, management, business, digital marketing, HR, and even healthcare. Graduates are  expected to help plan out strategic goals and set targets to minimize while at the same time increasing efficiency and productivity.
 What's a Masters degree?
A master’s degree is designed  for those who want to deepen their knowledge of a particular subject, explore other areas of interest after having completed an undergraduate degree, or enhance their future  prospects. It helps students acquire advanced knowledge of theoretical and applied topics, a expertise and techniques associated with their chosen subject area, and a range of transferable and professional skills with the help of independent and highly focused learning and research.
Most master’s degrees fall under one of two categories:
●     Master of Arts (MA) The Master of Arts encompasses most liberal arts, humanities and social sciences.
●     Master of Science (MS) The Master of Science encompasses most STEM field subjects, including mathematics chemistry, physics, engineering etc.
  What’s the difference?
●     Masters degrees are designed for candidates who are at the beginning of their career, or for graduates who want a higher level qualification before entering the job market. MBA degrees utilize the professional experience of professionals and peer learning, so they have a prerequisite of a minimum 2-3 years of full-time professional experience.
●     Unlike most MBA programs, master's degree programs don't require years of work experience. Students most often require to study a similar field in their undergraduate years that they intend to specialist in their Master's programs.While a student pursuing an MBA may complete their undergraduate studies in any discipline other than business.
●     Master's-level programs may include programs in finance, entrepreneurship, engineering, education, hospitality, tourism,fashion along with many off-beat courses such as acting, music, dance etc. On the other hand a Master of Business Administration (MBA) program is a kind of master's degree program that focuses on developing overall management competencies drawing greater attention towards acquiring business skills, such as leadership, accounting, negotiations or employee relations.
●     While the MBA is suited to students from any academic or professional background who want greater career flexibility, management roles, or business ownership, Masters programmes are the better option for students who want highly specialized knowledge in a specific area.
 Post Graduate Diploma programmes at ISBF
ISBF provides 1 year Graduate Diploma courses in Economics, Finance,Management and Data Science.
 The 1 year programme prepares students for some of the most challenging academic courses and professional positions. It is an opportunity to pursue an education under the academic direction of the London School of Economics and Political Science (LSE) and earn an international qualification from the University of London (UoL).
 The educational methodology followed at ISBF is unique in its approach. Students of the one year Graduate Diploma programmes are encouraged to actively debate and discuss topics rather than simply accepting what is taught. They develop an in‐depth theoretical and practical understanding of their discipline that enables them to successfully handle academic and professional challenges.
 The 1 year Diploma courses that students pursue after graduation offer a wide range of opportunities at the end of the year. Students take up international internships in London and New York, or placement opportunities within India in some of the most reputed firms in the industry. Some students go on to pursue Masters degrees at prestigious universities in both India and abroad.
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eductional-blogs · 4 years
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Merging Data Science and Accounting & Finance
With Data Science becoming an essential part of almost every business in the world, a strong finance and accounting background is no longer sufficient to add long-term value to a firm. The need of the hour is to evolve and gain competency in data science, analysis, and visualization.
 Importance of Data Science and Analytics for Finance and Accounting Professionals
 Data science has dethroned oil as the most valuable resource. Technology advances have made it much easier to amass data in huge quantities. Capitalizing on this data helps to create value and growth, resulting in organizations investing in people and technological capabilities to draw greater returns from data.
 The digital and data revolution serves as a platform for finance functions and offers exciting career options for existing and prospective finance and accounting professionals. CFOs, finance functions and internal audit functions, as well as accountancy firms, are significantly increasing their capacity in data science, data analytics, and data governance.
 The integration of more data and analytical roles into the financial and accounting processes is paving way for more opportunities within the discipline along with the new challenges.For the accountancy professionals need to thoroughly understand the critical aspects of data science that are needed for accountants to deliver insight and foresight.
 The primary obstacle for businesses to leverage their data is the professionals with the right expertise to do so. Businesses across industries require people with data analytics skills who are prepared to challenge norms. While management accountants probably don’t need to become expert data scientists, they do need greater data science and analytical skills in order to derive insights from data and to enable more effective decision making and control.
Data Science can help professional in many ways which include:
●     Mastering Advanced Excel: Data Science can help accountants use sophisticated data tables, statistical functions, report automation, and self-correcting models to manipulate large files of raw data.
●     Stronghold on Data Mining/SQL Programming: Employees can get an exclusive training in SQL to be able to query the raw transaction data of any database in your company.
●     Advanced Revenue Analytics: It can help them spot inefficiencies in a company’s pricing structure and is an invaluable skillset, with the right information and application of the right math. The most valuable analysts know how to find the right data set to explore any revenue question
●     Mathematical Optimization: The purpose of Data Science is to find the set of decisions that are the most optimal to achieving long-term profitability, whether the solution has to do with increasing revenue or decreasing costs or both. As the domain experts on the P&L, an accountant should be able to direct managers on how to tweak their tactics in order to create the most contribution. It helps employees understand the algorithms of mathematical optimization and how to use them properly to provide creative solutions to unraveling the puzzle of achieving higher profit.
●     Analytical Segmentation: Companies are requiring Customer Segment P&Ls to understand where they should invest their limited resources.  Highly targeted marketing, sales, and pricing strategies have been proven to deliver the most profit. Using data to reveal important trends at the customer level is the new “actualized” state for analytics-driven businesses.
●     Visualization: Employees gain the ability to reformat data insights for easy consumption depending on the audience.  
●     Real-Time Models: Accounting information needs to become more real-time in order for it to compete with other business intelligence. By creating performance reports that use streaming data from all transaction systems, accounting can provide managers with a clear view of how their decisions are affecting the final results.  
 The pressure is on for Finance and Accounting professionals to deliver more insights. The only way to stand above the crowd is to possess skills that are in high demand but in short supply.  
Accountants can play a key role in providing the bridge between data science and the business because of their commercial skills and broad training. Opportunities and limitations of what can be achieved through data and how data science can add value. Understanding and defining the business problems data can help to solve.
 Courses offered at ISBF
The Graduate Diploma in Data Science (1-year), with all academic direction from the London School of Economics, aims to prepare graduates for a career as a data scientist, in the corporate sector, for entrepreneurship, public policy, or even academia. While it also offers courses in management accounting, financial reporting, international business and auditing will give you a strong understanding of how a firm’s finances work, while those about banking, corporate finance, valuation, mergers and acquisitions and pricing of financial assets such as stocks, bonds and derivatives will expose you in-depth to the financial markets.
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eductional-blogs · 4 years
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Here’s Why a Postgraduate Diploma Could Be the Right Fit for You
Are you contemplating what to do after your graduation? A post-graduate diploma course could be the right fit for you!. Moreover, with growing demand, many new educational establishments have blossomed all over the country, and are offering students numerous options. 
PG Diploma courses in India have seen a steady increase in admissions. To match this demand, many institutes are now offering these, and new institutes, affiliated universities and establishments have been formed, giving the young graduate a chance for a better future in the form of PG Diplomas.
Some of the most sought-after courses are PG diploma courses in data science, economics, finance, and management. In India, many institutes are also offering a one-year diploma in economics, management, and finance to sweeten the deal.
A PG Diploma course in such a field has various advantages. Here are some of the reasons why you should seriously consider doing one such diploma course: 
Improve Your Career Prospects
The course will help you develop the skills required to excel in a working environment. Moreover, a PG Diploma enhances your employability in the eyes of a corporate recruiter. 
On the other hand, if you are looking for mobility within your current job, then this would be a good choice to invest your time in as you can look to upskill yourself through a PG Diploma, which will in turn enhance your Resume and increase your chances of getting promotions. Also, owing to rising demand and keeping in mind the skill requirements of various organisations/enterprises, it will give you a competitive edge. 
Career Change
Several graduates look to switch their stream, try something new and acquire skills that are more in-demand. A PG diploma, be it in management or economics allows you to do just that. You can use it to pursue a transition within your field or change course entirely. 
Conclusion:
Job markets are becoming increasingly competitive, technology is growing by leaps and bounds, and social media is exploding with ground-breaking avenues in every field. Hence, In today’s date there are PG Diplomas to cater to every field. Several universities and institutes are offering students an exciting range of subjects and streams to choose from, when it comes to PG Diplomas. ISBF-The Indian School of Business and Finance- offers PG Diplomas in Management, Economics, Finance, and Data Science. If you are looking to level-up your skill set and enhance your employability, ISBF is the choicest of destinations for you-as the courses offered here are academically directed by the London School of Economics. Applications at ISBF are currently open, to know more log onto www.isbf.edu.in.
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eductional-blogs · 4 years
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Importance of Accounting and Finance in Business.
The Scope of an Accounting and Finance Course in Current Times
 The transitional phase of Accounting and finance involves dealing with some of the most major concerns enterprises face which include speed, accuracy and reliability of information and decisions. Because if your business is not up to date with the “new and improved” F&A function, you can be certain your competitor is.
Accounting and Finance play an essential role in the management of any business. Companies operate on money, and if you don't control that money, you don't control your business. By properly accounting for your company's income and expenses, you can manage the flow of money and thereby direct the course of your business.Accounting and finance is a course that teaches the fundamentals of accounting and finance practices. Through this type of course, a person can learn the technical skills associated with the evolving procedures of financial analysis and accounting standards. It is also a great foundation for many business degrees. The scope of Accounting & Finance is wide and extends in business, trade, government, financial institutions, individuals and families and every other arena. The accounting principle is used in every step.
 Why Accounting and Finance?
 Studying a BSc Accounting and Finance degree paves the way for excellent undergraduate prospects and opportunities to work with some of the most eminent accounting companies.
Accounting and finance professions, at their core, are similar. Both disciplines deal with money, record financial transactions, require critical and analytical thinking skills, and incorporate information technology along with artificial intelligence aiding almost every business  track, maintain and organise financial information.
 Financial accountants offer all the skills needed by businesses and are in constant demand, making the field of accountancy a rapidly growing career option. Having an in-depth knowledge of accounting courses, undergraduates often have the skills and expertise to move into other areas of business and progress up the career ladder. Here are some of the reasons why one should pursue an Accounting and Finance degree highlighting its importance:
 ●     Every business requires accountants and finance professionals in order to comply with relevant legislation and business procedures. Across public and private sectors alike, including non-profit outfits, it is impossible to operate without operational finances.  Any business that relies on money for its operations is highly dependent on the services of accountancy professionals.
●     Presently, companies of all shapes and sizes are scrutinised like never before with regard to their financial activities. It is for this reason that qualified and capable accountancy professionals are in extremely high demand across almost every contemporary sector.
●     Accounting and finance degrees complement a wide spectrum of additional degree subjects, so it’s possible to study for a joint honours degree in additional subjects, such as business or languages. Studying for a joint honours degree gives added skills and knowledge to transfer into the workplace.
●     Studies in accountancy and finance take a highly practical approach, giving worthwhile experiences in business accounts and finance within simulated and real-life situations.
●     One needs to keep up with the current trends within the finance profession to ensure a business offers a great remuneration for services. Undergraduate accountants are the mainstay of any business or commercial operation. They can work in any industry or sector as the expertise and knowledge they possess can be transferred across businesses.
 Studying a combination of both these disciplines together provides you with a broader understanding of the financial life cycle of organisations and gives you an insight into all aspects of business management and growth.
 Accounting & Finance at ISBF
●     Academically directed by the world's 4th ranked Accounting and Finance department of the London School of Economics (LSE), the BSc (Hons) in Accounting and Finance is one of the world’s top programmes for becoming an expert at these disciplines.
●     The faculty at LSE formulates the syllabus, develops the study material, sets examination papers and accordingly evaluates and grades ISBF students.
●     Upon graduating, you will have a head-start for a career in investment banking, private equity, hedge funds, actuarial science, financial consulting, corporate finance, accounting or auditing. Moreover, you have several exemptions when pursuing professional accounting and finance qualifications like ACCA, CIMA, ICAEW and CPA Australia.
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