planning for mba... i have some queries regarding certi..
1. is there any certification course of duration 6 month to 1 year that i can do at this point of tym,,, or for which i can apply for dec.. to jun session?
2. do distance learning courses worth to do?
currently i am just preparing for exams,, and free to both of the options 1.regular courses, 2.distance learning
Since you want to utilize your time up till MBA, I would suggest a specialised risk management certification called Associate Professional Risk Manager (APRM)
APRM has one exam an if you clear it you become an Associate Professional Risk Management. The course material is similar to an FRM or PRM, they have just made it less rigorous to ensure that it is faster and effective to strengthen your resume. Later on obviously you have a choice to go for PRM.
In case in future you decide to become a PRM, you will just have to write the first 3 exams.
Now coming to your question about material -
- There is a publicly available book called, Essentials of Risk Management that you will have to study
- There are ARPM webinars available on PRMIA website, which you can purchase. They are not very costly and should be useful of preparation
- Download the Associate PRM candidate handbook from PRMIA's website for more detail
Since you want to utilize your time up till MBA, I would suggest a specialised risk management certification called Associate Professional Risk Manager (APRM)
APRM has one exam an if you clear it you become an Associate Professional Risk Management. The course material is similar to an FRM or PRM, they have just made it less rigorous to ensure that it is faster and effective to strengthen your resume. Later on obviously you have a choice to go for PRM.
In case in future you decide to become a PRM, you will just have to write the first 3 exams.
Now coming to your question about material -
- There is a publicly available book called, Essentials of Risk Management that you will have to study
- There are ARPM webinars available on PRMIA website, which you can purchase. They are not very costly and should be useful of preparation
- Download the Associate PRM candidate handbook from PRMIA's website for more detail
Since you want to utilize your time up till MBA, I would suggest a specialised risk management certification called Associate Professional Risk Manager (APRM)
APRM has one exam an if you clear it you become an Associate Professional Risk Management. The course material is similar to an FRM or PRM, they have just made it less rigorous to ensure that it is faster and effective to strengthen your resume. Later on obviously you have a choice to go for PRM.
In case in future you decide to become a PRM, you will just have to write the first 3 exams.
Now coming to your question about material -
- There is a publicly available book called, Essentials of Risk Management that you will have to study
- There are ARPM webinars available on PRMIA website, which you can purchase. They are not very costly and should be useful of preparation
- Download the Associate PRM candidate handbook from PRMIA's website for more detail
puyss can anyone tell me about the financial modeling course provided by IB INstitute in rajendra place?? i have heard positive things about the course bt nt sure of placement record?? does anyonw knw about this institute and do they provide placements??
Apart from the usual certifications, what are the usual blunders that can be avoided to not let the profile be too banal before starting out on the MBA journey. Making the overall profile decent enough is not a task which can be pursued in a single day.
one of the things that people forget to do in their lives is just do what they feel like or like doing - apart form school/work ofcourse - what makes a profile interesting is what people do other than the usual - meaning people who have significant achiwevement in other fields that their peers don't have.
so just find out what interests you and then do it - either professionally or personally or both.
Hai friends..does DBF(Diploma in Banking & Finance) program offerefd by ICFAI add value to MBA intersted in Banking industry ??also NCFM really add any value to my resume.. if so .. which module i can take up ???ur suggestions ??? ..
DBF by IIBF is much more rigorous, recognised and valued.
I am doing MBA in Marketing and want to apply for business developments in Retail/ HNI clients for Equity/ Commodities or mutual funds/bonds/commodities..
1) Is it a good thing to go for sales of financial products?
2)Would I be able to enter the wealth management domain building on the work in future?
Personally I have interest in financial products and stocks and is doing NCFM certification too..!!
Please suggest as I have to apply for interns in various firms..
@Upadhyay123 Whether it is good/bad is something you'll have to decide for yourself. It depends on your interest and is completely subjective. Yes doing some certifications will definitely help you to improve your knowledge and also add value to your profile. Yes if you're interested in that field then you can make it into Wealth Management profiles.
Apart from NCFM, there is AMFI (Mutual funds) and IRDA (Insurance) certifications which are sort of mandate if you have to deal in those kind of financial products. So you can probably check them out and try giving it a shot. Further there are so many banks like ICICI, Citi, HSBC, Axis etc. where you can find yourself as a good fit to start your career in this profile.
@shendenishant99 Some random certifications just for the sake of "enhancing" your profile is not going to do any good. It is recommended that you do it in some area of your interest. If you're not sure of which specialization you intend to take in MBA then either park your certification plans for now, OR speak with the many older puys who have done their MBA & specialized in multiple areas to try & understand what is involved, the nature of job etc. in various areas viz. Marketing/Sales, Operations, Finance, HRM, IT/Systems, Strategy etc. and identify which one interests you and do a certification accordinglyin that area.
@venomizer AFAIK NCFM is related to trading in stock markets, derivates, options, commodities etc. There are some modules in Investment Analysis, Mutual Funds etc also. Just in case you don't know, for a detailed list of modules available in NCFM refer http://www.nseindia.com/education/content/module_ncfm.htm. So if you have a particular interest in it then go ahead. Just pick the correct module to get certified in based on your interest & future career aspirations. It will definitely add value to your profile.
But before that I would recommend to think well before you take it. Firstly, because if you have these kind of certifications you should be expecting any kind of questions on it during MBA admission interviews. Most of the certifications (not just NCFM) can be cleared easily by just going through some question bank etc. But you need to be well read and also understand the concepts to face admissions interviews.Secondly, Finance or Corporate Finance in MBA is much more than that. I mean I know many people who have talked about Finance certifications and interest in Finance. But after getting into MBA, they find out Finance is not their cup of cake. I am one of them!! So THINK well before you take the plunge.