MY BLOG

  The plethora of information on  personal finance   available is great. But the information comes with so many challenges. It’s a fact that we’re bombarded with misleading figures, half-truths, and fabricated details from various sources. This leads to the development of several misconceptions about financial planning. Buying insurance and investment products does not refer to  financial planning . The misconceptions ultimately restrict us from following the financial planning processes effectively. To steer clear of personal financial uncertainty, let’s smash the following myths: Financial Planning is Only for the Wealthy: This is a common misconception. Financial planning is valuable for people of all income levels. It's about making the most of your financial resources, whatever they may be, to achieve your goals and secure your future. Financial Advisors Are Only for Investment Advice: Financial planning is much more than just investment advice. It encompasses b...

  Just as you go to a doctor when you fall ill or you go to a lawyer when you need legal guidance, you may engage a   Financial Advisor   if you need  financial advice . Before you start working with a Financial Advisor, you need to know what questions you need to ask a Financial Advisor. This will lead you to identify a professional that suits your requirements. Even before you set up the first meeting with any Financial Advisor, you need to ask yourself a fundamental question,  “Why do I need a Financial Advisor?” This is an engagement where the Financial Planner and you (the Client) mutually agree to work with each other. As a Certified Financial Planner in Kolkata , I hold that there shouldn’t be an expectations gap between the Financial Advisor and the Client. The Financial Planner needs to acknowledge what you are expecting from him/her. Likewise, you need to understand what the Financial Planner is expecting from you as a Client. You must be wondering why...

  The job opportunities available after completing a PGDM (Post Graduate Diploma in Management) course in 2023 are diverse and depend on your specialization, skills, and interests. Here are some common career paths that PGDM graduates can explore in 2023: 1. Marketing Management: Digital Marketing Manager: Plan and execute digital marketing campaigns, analyze data, and optimize online presence. Brand Manager: Develop and maintain the brand image of products or services. Market Research Analyst: Conduct research on market trends, consumer behavior, and competitors to help companies make informed decisions. 2. Finance Management: Financial Analyst: Analyze financial data, prepare reports, and offer investment recommendations. Corporate Finance Manager: Manage financial activities, investments, and financial planning for corporations. Risk Analyst: Identify and assess potential risks for businesses and recommend strategies for mitigation. 3. Human Resource Management: HR Manager: Over...

  Pursuing a Post Graduate Diploma in Management (PGDM) can significantly boost your professional career and potentially lead to an increase in salary. Here’s how: Advanced Skills and Knowledge:  A PGDM program provides in-depth knowledge and skills in various areas of management such as finance, marketing, human resources, operations, and entrepreneurship. This specialized knowledge makes you a valuable asset in the job market and equips you to handle complex business challenges effectively. Industry-Relevant Curriculum:  PGDM programs are designed in consultation with industry experts to ensure that the curriculum is up-to-date and relevant to the current business environment. By learning the latest trends, technologies, and best practices, you become better prepared to contribute meaningfully to your workplace from day one. Networking Opportunities:  PGDM programs often offer extensive networking opportunities. You get to interact with fellow students, alumni, fac...

  Preparing for interviews is crucial for PGDM management students as it can significantly impact their chances of securing internships or job opportunities. Here are three top interview tips tailored specifically for PGDM management students: Understand the Company and Industry:  Before going for any interview, thoroughly research the company and the industry it operates in. Understand their products, services, market position, competitors, recent news, and any challenges they might be facing. Familiarity with the company demonstrates your genuine interest and enthusiasm, which can impress the interviewer. Additionally, being aware of industry trends and news can showcase your knowledge about the broader business environment. Highlight Your Skills and Achievements:  During the interview, emphasize your management skills, leadership qualities, and any relevant achievements. Discuss your experiences from internships, projects, or extracurricular activities that demonstrate...

  Choosing the right PGDM (Post Graduate Diploma in Management) college is a critical decision that can significantly impact your career. Here are seven important criteria to consider when selecting a PGDM college: Accreditation and Reputation:  Look for colleges that are accredited by recognized bodies and have a good reputation in the academic and corporate worlds. A well-established and reputed college often has a strong network of alumni and industry connections, which can benefit you in your future career. Faculty and Curriculum:  Research the qualifications and experience of the faculty members. A strong faculty can provide you with quality education and mentorship. Additionally, examine the curriculum to ensure it is comprehensive, up-to-date, and aligned with industry standards. It should cover a wide range of subjects and offer specializations that match your interests and career goals. Infrastructure and Facilities:  Consider the infrastructure of the colle...

  Becoming an effective company manager requires a diverse set of skills to lead and inspire a team, make strategic decisions, and drive the organization toward its goals. Here are nine essential management skills that are crucial for success: Photo by  Scott Graham  on  Unsplash Leadership Skills:  Managers need to lead by example, inspire their teams, and foster a positive work environment. Effective leadership involves guiding, motivating, and empowering employees to achieve their best potential. Communication Skills:  Clear communication is key to successful management. Managers must be able to articulate ideas and expectations clearly, listen actively, and provide constructive feedback. They should also be adept at both written and verbal communication. Decision-Making Skills:  Managers are responsible for making important decisions that can impact the company and its employees. Good decision-making skills involve analyzing situations, considering...