Webinar on Text Analytics by DXC Technology

It is great to know that internet can create so much raw data, rather quantitative data from ordinary everyday online conversations, when noticed can give us an idea about the products and services.

For businesses, the random conversations could give a lot of information. But it can be challenging to translate the qualitative data into something more quantitative as that is the language spoken by the enterprise. Making sense of this data manually is not possible or viable and this is where text Analytics comes into the picture.

In other words text analytics is a process of making meaning out of written communication, it means examining what was written. Finding patterns and topics of interest and then take probable decisions. Since it is established that manual analytics of this data is an inefficient process, text analytics software’s have been created that uses text mining and natural language processing algorithms (NLP) to search meaning in the huge amount of text data.

Emails, blogs, feedback, reviews, tweets, survey reports, any form of written feedback, all of it holds insight into public/customer feelings. It’s a wealth of information that is recorded and can easily be transformed into text. Text analytics is the key in unlocking the treasure that this information can offer. Decoding this information can help an organisation to understand patterns and themes so that the customer’s expectations and needs are clear and gives time to organisations to handle a situation and make better decisions.

Text analytics software can also help provide early warning signs about what the customers emotions are, if they are planning to go to the competitors, or if there is a complain that the customers are facing.

Text analytics can give numerical values to words, sentences or phrases from the unstructured data. Numerical data can be further linked with structured data using data mining techniques. Because text analytics is still in the infancy stage, depth analysis varies from vendor to vendor.

Imarticus with collaboration with DXC Technology is initiating a webinar on further understanding the scope of Text Analytics.

DXC Technologies assists companies to connect with innovation and change. It is a leading end-to-end IT services company, uniquely positioned to lead digital transformation thus creating value for partners and shareholders.

The webinar is focused on

1.       Explosion of textual data

2.       Need for text mining using popular case studies

3.       Current challenges and ways to overcome

4.       Encoding the case studies tackled by DXC Technologies

5.       Advantages in decision making for organisations

The webinar will be facilitated by data scientists and the leadership of DXC Technologies, collectively coming together with over 50 years of experience in Research and Analytics, specifically in the areas of Text mining, Machine Learning, Natural Language Processing and more.

You don’t have to be a statistician to use these tools, Text Analytics encourages learning and using new forms of data, irrespective of your skills. It just demands time to understand the application to the business. It’s great to know that the text analytics industry is full of opportunities, hence be there to take advantage of the webinar! So be there, May 30^th 6-7pm.

There are multiple ways to enhance customer experience, specially as the online interactions become more sophisticated it will require better tools to analyse and understand what it means. It won’t just be random banter, the words have meaning and without text analytics companies will not be able to read the sentiment, or read between the lines.

Rising Need of Financial Planners

The roles and functions of financial planners are frequently neither comprehended nor acknowledged. A financial planner is basically a qualified Investment professional, who does the job of assisting both individuals as well as large corporations, in meeting their financial goals.  These professionals are supposedly experts when it comes to tax planning, asset allocation, risk management, retirement, estate planning and so on. Many of the financialplanning professionals are officially registered through various institutes like the Registered Financial Planner Institute and so on.

These professionals are quite important, especially when it comes to functions in the world of corporate finance. To start with, money related counsel is not just about item proposal or unimportant monetary arranging. Somebody who offers names of stocks and subsidies to put resources into is not offering monetary exhortation. Somebody who examines your own accounts and thinks of counsel about your budgetary objectives is not offering monetary advice. A money related guide is one who can unite your necessities and objectives, and the items that address those issues.

Second, budgetary exhortation is a specific calling. A speculation supervisor can take a gander at stocks, bonds and other venture items and make a portfolio, which he audits and oversees. Be that as it may, this portfolio can just offer relative re swings contrasted with a benchmark. An administrator has shown improvement over his benchmark subsequent to taking into account costs.

 However, a financial specialist can't live by relative returns. It is insufficient to meet his objectives. A financial specialist who needs cash for his tyke's training will be overwhelmed if the value markets crash and dissolve the estimation of his corpus. It is the financial planner who will recognize that being in value of an objective is hazardous, and guidance a benefit assignment that ensures the cash. Speculators require total returns, and just monetary guides can convey that command.

While financial planners are definitely very important in the sphere of corporate finance, they garner equal important for the layman as well. We live in the 21^st century today and our wants and needs are like a bottomless pit. With the advancement of technology, we seem to be ushering in great changes.

Changes in lifestyles, changes in financial markets, life expectancy and so on. Our goals no longer feel like the goals of our grandparents, who lived a life in simpler times. Today everything has a price and literally nothing does come cheap ever. While yes we all earn way more and the per capita income of every country, worldwide is definitely rising. But with this also comes the important issue of money management.

This is why many people today seek out these monetary experts, who can help them sort out their financial issues and put them in proper order. Where a financial planner could be a professional with a formal education in the field of finance, or could also be trained through professional training courses. There are many professional training institutes in India that offer a number of programs in the field of Finance and Analytics like Imarticus Learning. 

Imarticus Global Fintech Symposium

Imarticus Learning teams up with leading Global FinTech players to bring to you a first-of-its-kind Global FinTech Symposium. FinTech, or simply put, Financial Technology, is an industry composed of start-ups and established companies trying to replace or disrupt traditional financial processes with the use of technology.

This is an upcoming industry and has the potential to impact every single person and therefore makes it one of the fastest growing areas for venture capitalists. We welcome you to join this FinTech consortium where our panelists from global organizations will share their journey and experience on what it takes to excel in the world of FinTech.

AGENDA

 4:00pm – Introduction to the Imarticus Global Fintech Symposium

 4:10pm – Introduction to the 4 panelists and a short opening remark from each

 4:30pm – Discussion 1: The rise of Fintech in the Indian context

 4:40pm – Discussion 2: Global Fintech – Leveraging their experiences

 4:50pm - Discussion 3: Trends in Fintech – will they disrupt traditional financial services?

 5:00pm - Discussion 4: Fintech startups – a buzz or a reality?

 5:15pm – Questions for the panelists

Managing Risks in Commercial and Retail Banking: Review

When it comes to retail banking, this book by Amalendu Ghosh is cited as one among the top 10 important books. This book is believed by experts to take an in-depth, as well as logical look at dealing with every single aspect of risk management, which forms a part of the banking sector. By providing the reader with an ample number of case studies and real life examples, this book attempts to simplify all the complex processes and present them for the reader’s benefit.
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The author, Amalendu Ghosh, occupied the post of Chief of the Department of Banking Supervision of The Reserve Bank of India, where he is believed to have served for about 36 years. He is well renowned as an expert in the supervision of banks and has been intimately involved in the implementation of the new Basel Capital Accord. His proximity to the world of commercial and retail banking makes him one of the experts on the topic, especially when it comes to the risk management aspect. He has also released a manual for conducting of bank supervision, especially that which is required in the switch related to risk based bank supervision system.

He has had an enriching experience at his post of riskmanagement consultant, to around two commercial banks, which intermittently make him the candidate, who is more than qualified for writing this book. This book, which seems to be right in the quintessential corner of Ghosh, was published by John Wiley who happens to be one of the oldest publishers of USA and is acclaimed for publishing a number of renowned titles under risk management, financial engineering, valuation, financial instrument analysis, among which Ghosh’s book seems to be a valuable contribution.

Divided into about seven parts, this book essentially deals with the number of risk management approaches and systems. These are namely, credit risk management, market risk management, operational risk management, risk based internal audit, corporate governance and all the lessons that could be derived from the South-East-Asian and American Financial Crises. Beginning with the first part, it deals with a thorough analysis of what all constitutes a risk. The topics covered here would be types of risks and the various models on how each bank is supposed to manage their problems. The second part is all about the models, which is made use of by various banks in order to rate and evaluate all the credit risk management issues. Here the author offers a number of techniques, which are useful for credit portfolios and rating based loan pricing mechanisms.

The book successfully brings together a number of concepts, ranging from methods and procedures in the field of risk management, to the author’s personal experiences. It is said that this book is the bible for all those financial analysts, students of investment banking, accounts aspirants and auditors. Mainly because it is a distilled form of all the valuable experiences of a top notch, seasoned banker and an authority figure on bank supervision. This is also one of the reason why professional training institutes like Imarticus Learning, usually ask their students to refer to this book. 

Is CFA Really Useful in India

CFA or Chartered Financial Analyst, is a considerably well known designation, which is believed to give the charter holders, an entry into the most coveted circle of top finance professionals all over the world. This credential can not only guarantee you the dream job, in addition to no having to give any entrance exams but also can help you network with the topmost players in the investment banking and corporate finance industry. This examination is offered by the CFA institute in the United States of America and consists of three levels. Due to its approach and the kind of benefits it provides, the CFA credentials are very much in demand these days. More and more finance enthusiasts attempt to give these exams, both in India and abroad.

While some endeavor to attempt CFA on their own, the majority prefers to take up a professional course for the same. Institutes like Imarticus Learning, have a unique mentor run program, where every student is assigned to a mentor, who is an experienced charter holder and acts as their guide to crack this prestigious exam. If you are a finance aspirant and looking to become a certified CFA charter holder but, are still apprehensive about the usefulness or validity of the course; then read on why one should do this course, especially in India. Financial Times, which is a leading daily in India states the following about the CFA designation, “Among countless finance degrees around the world, the Chartered Financial Analyst qualification has become the gold standard.”

Firstly, the designation is truly the most prestigious title in the field of Finance and Investment. It is not only know widely known, but is also one of the most respected qualifications in the field. Statistics state that there are about 128k professionals, in about 145 countries, who are all CFA Charter Holders.

This means, that CFA holders can be found in almost all the major countries, over the world. Not only that, but there are also a number of CFA societies, that exist and function smoothly, giving the professionals, an unparalleled network, which can help leverage their careers. These societies are tied up with a number of top banks and financial organizations, which makes it easier for CFA holders, who are looking to get hired by the same.  If you are a part of such a society, landing a job with the most elite of companies becomes a cake walk.

One of the biggest benefits of having a CFA degree is the fact, that you don’t have to keep on giving entrance tests, or undergoing screening procedures, as a part of the interview procedure. There are reportedly 19 countries, which have waived off, wither a part of or all of their requirements, especially for professionals with a CFA license in the field of trading and investment. As a CFA holder, you have the chance of being employed by top global investment banks, majorly in the asset management and research departments. CFA holders are not only paid better, but also have a distinctive advantage over their competitors during interviews. These are the many benefits of this certification and must do it, for the sake of not getting left behind. 

The Indian Education Sector Seems To Be Experiencing A Revolution Courtesy Edtech Startups

Did you know, in the past two years, our economy has experienced the emergence and development of close to 900 start ups, all of which are entirely focused on the education sector. The Indian Education Sector values up to $100 billion and has been experiencing quite a lot action in terms of Edtech start ups. With the evolving age of internet and technology, more and more students are able to access the virtual world of learning. This includes interactive videos and textbooks, on line classroom discussions,  exclusively customized learning modules and content from some of the best universities. With the addition of the online learning courses, the doors to education at a more accessible level have been thrown open. From foreign universities offering online courses, to professional training institutes like Imarticus Learning offering online certification courses in Finance and Analytics.

Conventional educational systems seem to be undergoing certain cataclysmic shifts, as the students and teachers both, try and embrace all the comfort, convenience and efficiency that is offered by these Edutech companies. The online courses trend is becoming more and more relevant by the day and being known as MOOC’s or Massively Open Online Courses, is witnessing increasing popularity and acceptance among the student population. While on one hand, time honored institutes like Harvard and Oxford are taking notice of this trend, the government of India is also accepting its importance. The HRD Ministry in India, in similar vein has launched the Swayam initiative, which is a program that is set to offer about 200 e-courses and another 10,000 e-courses under the AICTE, which will all be planned over the next couple of years.

Statistics state that the number of students, registering for online courses has been steadily increasing at the rate of 70% per year. Nikhil Barshikar, who is the CEO of Imarticus Learning states, “Online courses offer fantastic flexibility, convenience and customization; while delivering impactful learning outcomes for students”. He went ahead to add that, “Our online course have been popular among students because they are upgrading their skills with industry relevant subject matter, that is not available in their university curriculum.” As HR Managers come to recognize the importance of updated curriculum, broader talent pools and thorough online assessments, these online certification courses are clearly gearing up to change the way training and learning takes place.

This revolution has been driven by many key factors, one of which includes the emergence of Big Data and Analytics. This has not only revolutionized the way education is looked at, but it has also paved way for more efficient student-teacher relationships. For instance, institutes have been able to leverage data analytics in order to assess the teachers’ abilities and help them provide better guidance to the students. While big data and analytics have paved a greatly important way in the education sector, they have received important implications in other fields related to the education sector. For instance, lets take the example of student loans.

Student loans were earlier the domain of just the banking sector in general. This is no longer the case as there happen to be start ups, which are ready to venture into this field. All these companies have to do, is leverage analytics and provide the loans, with the completion of all the formalities in as less as 8 hours and more importantly, online. This huge change can usher in great benefits for those looking to get skilled by depending on loans. There are great chances of India becoming more and more tech-scary and paving way for technology being able to mold itself to the various different boards of Indian Education. 

Roles of a Financial Analyst in the Finance Industry

The department of finance, makes for one of the most important department of any organization, covering everything from bookkeeping, to providing the heads with reliable, relevant and timely financial information, which is accurate to the T. This financial information is basically of key importance, as it has vital role to play in the dealings of the business organization. Those professionals who are responsible for performing these various duties are known as Financial Analysts.

Any Financial analyst, has a very important role in trying to determine, the company’s present financial value as well as future business prospects. Various other functions of these professionals include,  analyzing financial information to produce forecasts, of any particular business, that helps in a number of investment decisions. They are supposed to interpret the varied data, that is responsible for influencing the aforementioned investment decisions.

A financial analyst is involved in taking various other decisions, in particular those, that are involved in the creation of spreadsheets, conducting analysis, graphical representations in terms of charts, diagrams, graphs and so on but, not necessarily in the digital format. Most often these professionals perform roles, that revolve around illustrating various financial trends, in order for them to be transformed into, much simpler and understandable information in terms of the presentation of the same. Another responsibility that these professionals are assigned, is to develop a number of financial models, in order to be able to maximize business profits, which would be a direct result of accurate predictions of business opportunities and investments; while on the other hand maintaining minimal risk levels, especially when it comes to the maximization of the profits for the same. These functions are accomplished,  basically by not only reviewing, but also analyzing revenues and expenses of the business entity and then presenting them to the senior management of the firm.

The perfect candidate for a job like this, would be a professional who has sound knowledge about budgeting, making financial analysis and analyzing various business plans, in the most efficient and effective manner. Careers in this field are considered by many to be of a challenging nature, as they demand a professional to be of par excellence, especially when it comes to oratory skills as well as written skills. The industry of financial analysis, is usually on the lookout for potential candidates, who posses qualities like critical thinking, perseverance and investigating skills, especially for all the varied business related problems, that arise as an accompaniment to any business venture. While the job profile of any financial analyst, might expect qualities like determination and great responsibilities, this field is known to be extremely rewarding, especially in terms of salary packages. While there are many professionals working in the finance industry, who go on to change their jobs and switch to this field, it is not necessary to belong to a certain field to further your career here.

Candidates can belong to any field of study, such as business, economics, math, computer science or engineering, as well as those who have an MBA degree in finance. But the most popular route is to pursue a certification course, which offers a candidate the perfect, comprehensive training, especially when it comes to working in the industry. Many professional institutes like Imarticus Learning are offering great courses for candidates in the field of finance, analytics and more

How to Study for CFA Level 1 Exams

CFA is a world renowned designation, achieved after clearing the CFA exams, which are divided into three levels, taking place either annually or biannually.

Step 1: Cover the Basics

Research about everything from the curriculum, eligibility criteria, exam duration, required study time; make a skeleton plan, preview your study material and get started.

Step 2: Get Down To The Books

Study from both online and offline sources, consider joining a CFA course. Don’t stick to only rudimentary methods of studying, use flashcards, audio-visuals, anagrams etc. 

Step 3: Review And Polish

Take mock-tests, time yourself, make practice tests your best friends, solve, solve and solve! Ensure that you use your calculator to the utmost. 

Guide To Best Investment Banking Schools

MBA has been touted as the best degree when it comes to getting an entry into the field of Investment Banking. While there are many finance aspirants, belonging to the field of finance, who go ahead and pursue MBA as their post graduation course, there are also a number of others belonging to different fields, but having a great interest in finance who choose to pursue this course. Previously, top banks like Goldman Sachs, Morgan and Stanley, JP Morgan, Deutsch Bank and likes, only preferred to hire MBAs, who were at that time considered to be sufficiently qualified to take the world of Investment Banking head on. There seems to have been a certain kind of debate recently, on the alleged tumultuous relationship of MBA graduates and the field of Investment Banking. There seems to have been a substantial dip, in the number of MBA’s that the top banks were hiring before. One of the reasons sought for this development is the fact that just having an MBA course is not enough and a number of industry experts have been urging students to develop industry relevant skills, so at to get their dream job.

There are a majority of MBA students, who think of pursuing a professional course, so as to learn skills and techniques to get trained according to the industry standards. Institutes like Imarticus Learning, which offer comprehensive professional courses in subjects like Investment Banking, Asset Management, Portfolio Management, Corporate Finance and so on, are the most sought after institutes for a number of MBA graduates. So if you are one of those looking to pursue this extensive course, you must ensure that you pursue it from one of the top Business Schools, so that you increase your chances of getting hired by top Investment Banks. Rankings place the Columbia Business School at the top, in the list of Investment Banking Schools, which is closely followed by the University of Pennsylvania, Wharton and London Business School. While there a number of other institutes, like the Stern, from USA, which is enjoying its new found popularity, among MBA aspirants. According to a certain employment report, it is believed that Investment Banking remains one of the most sought after vocation, by the students of Stern University.

Let’s make a tabular representation of the top investment banking schools, there are, based on the number of graduates, who have gone ahead to work in the fields of corporate finance, sales and trading, equity research or other related field to investment banking. It is a well known fact that Investment Banks, usually tend to hire from among elite schools and those B-schools that are located right at the heart of financial centers, like for instance Stern, have a greater chance at being selected.

Here’s the guide to the best Investment Banking Schools:

1. Indian Institute of Management, Bangalore

2. Indian Institute of Management, Ahmedabad

3. IIM, Calcutta

4. Department of Management Studies, IIT Delhi

5. Department of Management Studies, IIT Madras

6. Indian Institute of Management, Lucknow

7. XLRI- Xaviers School of Management, Jamshedpur

8. IIM, Kozhikode

9. IIT, Roorkee

10. IIM, Indore

While applying to any of the above schools, depend on three important parameters; namely your abilities, both academic and aptitude, your academic background and the career objectives that you are looking at. Only then can you figure out which one of these is your best fit and apply to them. 

Morgan Stanley’s New Strategy Towards ICICI Prudential

The esteemed bank, Morgan Stanley as of Monday has initiated coverage on ICICI Prudential Life Insurance Company, with an ‘overweight’ rating with Rs 365, as target price. The firm stated that a balance of distribution mix and that the improving persistency ratio, which would result into a multiyear improvement of profitability, even as higher focus on Unit Linked Insurance Plans could result into a volatile state of growth.

“This should drive a strong 40 per cent VNB CARG during F16-19”, it was mentioned in the official note released on Tuesday. The concept of target price, basically implies an upside of about 19.5% from current levels. As of Wednesday, the 3^rd of November, ICICI Prudential has ended down 2 per cent at Rs. 305.35 on the BSE and continues to trade below issue price of Rs. 334.

The brokerage firm went on to state that the Prudential Company’s margins have been way lower, when compared to its peers in spite of the industry’s leading persistency and the cost ratios, but the widened gap is likely to narrow in the coming times, with the increasing shares of protection mix, improvement of persistency ratios and considerably, higher economies of scale. This announcement was also accompanied by the firm stating that the valuations are significantly higher as compared to their regional peers, but it went on to justify itself in keeping with the ICICI Prudential’s superior operational metrics and their distribution tie-ups. These would allow the gains of market shares and improve the profitability in the domestic insurance market.

Morgan Stanley has thus raised the target price on ICICI Prudential by about 4 per cent which brings it to about Rs. 266, this is because they plan to assign higher valuation for the life insurance subsidiary, while at the same time retaining equal weight rating. The firm expects that the stock of ICICI Bank would be volatile depending on news flow around corporate stress. At the time of the announcement, their official spokesperson said that, “to become more constructive we either need to see big recoveries on exiting NPLs or improvement in core PPoP (pre-provision operating profit) margins. We prefer ICICI bank to state owned banks, but prefer retail private lenders and Axis Bank over the same”.

Brokerage firms like Morgan Stanley have the responsibility of selling various types of securities to banks like ICICI Prudential in the field of investment banking. Thus it becomes important for the professionals working here in to be well versed with the various core concepts of the financial situations and the knowledge of the various trends in the market. While someone with a background in finance or related fields could understand this piece of news, but would just be scratching over the surface. This is exactly the reason why a lot of companies prefer to hire candidates with experience in specialization courses and a refined C.V. Private Institutes today, are also striving to offer industry endorsed courses, which ensure that the individual would understand everything that the current markets need. Imarticus Learning is a part of the same sphere, offering courses and guidance in a bid to bridge the gap between academics and industry.

Here’s What the Professionals Are Resolving For 2017

You must have definitely noticed, a number of people readily getting on to the bandwagon of, “New year, new me”, at the beginning of 2017, there’s one more phrase which is popularly being used by all those professionals, across the corporate industry. This slogan is the ‘New year, new job’, which is being entertained by a number of corporate professionals. While there is nothing new about this, as this feeling is a familiar notion, which every professional experiences annually. But, this time what’s interesting is the statistic, according to a certain study, out of the 3,411 employees who were a part of the survey, about one fifth which equals to about 22% stated, that their resolution for this year would be to leave their current job, in order to look for more lucrative opportunities elsewhere.

While it was 35% of the younger generation of workers, aged between 18 and 34, who would consider not only leaving, but also be certain about landing a new and better job by the end of 2017. At the same time, the past couple of years, have seen a steady rise in the search for employees, who possess skillsets that are in keeping with the industry standards. In order to tackle this demand of top employers and HR managers, many employees and professionals have begun to opt for professional online training courses, which ensure that a candidate is groomed according to industry standards.

here are many popular institutes in India, like one Imarticus Learning, which offer a number of courses in fields like Finance and Analytics.  Imarticus Learning is one of the best institute that specializes in courses covering fields like Investment Banking, Portfolio Management, and Asset Management, Certification courses in Big Data Hadoop, R Programming, SAS Programming, Python, and Corporate Finance and so on. But what sets this institute apart, is not only their online and classroom course format, but also their mentor run courses and the extensive industry relevant training.

Apart from the resolution to look for a new job, there are some other very popular resolutions, that the corporate world is known to take. Like for instance, every year, almost half of the entire workforce decides to unanimously take a pledge to put more of their pay checks, into savings. There are a number of professionals, who would be ready to look for more recreational ways, in order to reduce the amount of stress in and around their work sphere, while many would be aiming for a salary increment, or a promotion in order to jet set their career, thus climbing a rung higher on the corporate ladder. Many companies have begun to already roll out new health promoting activities, in order to ensure that all of their employees remain in the pink of their health. This is also a common resolution among a number of professionals, who are looking to eat healthier and cut out on the junk. While many others would be willing to learn a new skill or take up a productive hobby. 

Why Do Firms Train Their Employees

As the industry changes, there is an influx of new improved trends as well. Today a qualified professional doesn’t necessarily have to go out in search for jobs, its actually the employers who go out of the way, in their search for candidates, who would be able to suffice their expectations. With college or university placement rising in popularity, there is another line of thought, which is becoming quite well known these days. A lot of firms believe in hiring freshers, because they are like a blank canvas for them, apart from knowing certain basic theoretical details. This way the firms get to train these employees, in a way where these professionals would be able to meet specific expectations. Apart from that there are a lot of companies and HR managers who are of the belief that, about 30% of their candidates don’t have the proper skill set required to perform their job, hence have to undergo training.

The concept of ‘employee induction’ has become the most used policy of the HR teams, across various fields. Earlier, this process only comprised of a short description of the company, its various fundamentals and an introduction about all the head honchos, on board. Now it has transitioned into something bigger and inclusive of more layers. Firms today are actually going a mile, in trying to get all of their employees on par, by equipping them with the proper behavioral and technical skills, as well as the knowledge that is required to ensure that, the company’s operational and strategic objectives are met. A great effort is taken, to ensure that an employee fully understands the core values, that form the foundational base of an organization and works accordingly. Firms don’t just train their new employees, but also ensure that their old ones, have a successful transition into newer roles in a more seamless manner.

This has become quite the popular norm lately, which a lot of organizations indulge in. There are various other reasons why a firm, would want their employees to be trained. Like for instance, any kind of training that is in keeping with the organization’s strategies, would ensure that the employees would go the extra mile to complete the same. Another reason why training is the right way to go is, because every organization has employees with invaluable corporate experience and training these employees, would be like creating incentives for them. Thereby, ensuring that these employees remain loyal and prove an asset for the organization in the long run. Statistics state that only about 25% employees are engaged at work, the rest of them find it to be a fulfilling experience, of various degrees. Training these employees, would mean a more focused and productive workplace. Training is also used as a means for performance management and development of employees and can help develop leadership skills in those with a lot of potential. In a way, organizations also come across as places, where every employee is valued and encouraged to reach their optimum potential.

A new addition to this is the training in collaboration with various learning institutes. Organizations approach various institutes, to ensure their employees develop the necessary skill sets to excel in their profession. Imarticus Learning is one such institute, which has collaborated with many top banks and investment organizations, in providing their employees with proper suitable employee training programs.

 Source: http://articles.org/why-do-firms-train-their-employees/