CAT

Skill

SKILL INDIA- CAMPAIGN TO TRAIN THE UNSKILLED

Skill India was established for the reason of training the unskilled workers and giving them a secured employment. It was also launched with the objective of improving the potential of Indian workers . This has been helpful to the poor and underprivileged because they get the benefit of employment.

Approved for another four years (2016-2020) to benefit 10 million youth.

Individuals with prior learning experience or skills will also be assessed and certified under Recognition of Prior Learning (RPL). Under this Scheme, Training and Assessment fees are completely paid by the Government.

Key Components of the Scheme:

  • Short Term Training:

The Short-Term Training is expected to benefit candidates of Indian nationality who are either school/college dropouts or unemployed. Duration of the training varies per job role, ranging between 150 and 300 hours. Upon successful completion of their assessment, candidates shall be provided placement assistance by Training Partners (TPs). The entire training and assessment fees are paid by the Government.

  • Recognition of Prior Learning:

Individuals with prior learning experience or skills shall be assessed and certified under the Recognition of Prior Learning (RPL) component of the Scheme. RPL aims to align the competencies of the unregulated workforce of the country

  • Special Project:

 Special Projects are projects that require some deviation from the terms and conditions of Short Term Training under Skill India for any stakeholder.

  • Kaushal and Rozgar Mela:

Social and community mobilization is extremely critical for the success of Skill India. Active participation of the community ensures transparency and accountability, and helps in leveraging the cumulative knowledge of the community for better functioning.

  • Placement Guidelines:

They make sure that the knowledge and skill learned by the workforce is put in use by creating employment opportunities and demands in the market. Efforts are made to provide placement opportunities to candidates, trained and certified under the Scheme.

 

  • Monitoring Guidelines :

It is seen to it that ambitious standards of quality are maintained and Inspection Agencies shall use various methodologies, such as self-audit reporting, call validations, surprise visits, and monitoring through the Skills Development Management System (SDMS). These methodologies shall be enhanced with the engagement of latest technologies.

Check out:MAKE IN INDIA

The scheme will be implemented through the National Skill Development Corporation (NSDC).

Enterprise Resource Planning

MASTER OF ENTERPRISE RESOURCE PLANNING MANAGEMENT

Enterprise Resource planning (ERP) management  is a course that helps student learn about SAP ERP business processes  across Financial Accounting, Human Resources, Materials Management and Sales & Distribution and learn how to design, configure and perform business transactions related to these modules on SAP ERP system.

ERP uses integrated applications to manage important operations, to support all functions conducted in the organization such as Sales & Marketing, Finance & Accounting, Production, Procurement & Supply Chain.

Learn more about Enterprise Resource Planning: ERP-WHAT IS ENTERPRISE RESOURCE PLANNING?

Students gain practical experience in designing SAP Enterprise structure, configuring basic SAP ERP transactions. After the course, students may get employed as ERP Business Analyst in ERP Consulting Organizations or Enterprises using ERP Systems.

This course helps  students gain knowledge and increase their potential/ capability of being successful in ERP. After finishing this course, students should be able to understand business processes across various functions of an enterprise and how to implement and maintain a SAP ERP system, considering the business context of the enterprise.

This course comprises of following modules with integrated mix of technical, organizational communication and problem solving components:

  1. The Information Systems Professional (BCO6672)
  2. Business Research Methods (BMO6630)
  3. Enterprise Resource Planning Systems  (BCO6603)
  4. Business Process Engineering (BCO5501)
  5. Organisation Change Management (BMO6624)
  6. Enterprise Resource Planning Systems Implementation (BCO5651)
  7. Applications Programming Techniques (BCO5647)
  8. Business Research Project (BGP7730)
  9. Computerised Accounting in an ERP System (BAO6714)
  10. Human Resource Information Systems (BMO5565)
  11. IS Project ( JES005)
  12. Elective (Choose 1):

i) Material Management (JES0001)

ii) Sales & Distribution (JES002)

iii) Customer Relationship Management (BCO6604)

Following are the certificates that students receive after completing their course in Enterprise Resource Planning Management:

  • SAP Alliance Certificate : BCO6603 Enterprise Resource Planning Systems
  • SAP Alliance Certificate : BCO5501 Business Process Engineering
  • SAP Alliance Certificate : BCO5651 Enterprise Resource Planning Systems Implementation
  • SAP Alliance Certificate : BCO5647 Applications Programming Techniques
  • SAP Alliance Certificate : BAO6714 Computerised Accounting in an ERP System
  • SAP Alliance Certificate : BMO5565 Human Resource Information Systems

CONCLUSION:

To conclude, this course is going to be an additional factor in increasing a students skill in being an ERP business analyst. They can also achieve a successful career as companies are seeking ERP business analyst thus making it a career which is in high demand.

ERP

ERP-WHAT IS ENTERPRISE RESOURCE PLANNING?

Enterprise resource planning is a software that uses integrated applications to manage important operations, to support all functions conducted in the organization such as Sales & Marketing, Finance & Accounting, Production, Procurement & Supply Chain. This enables the departments of the organization to be connected. ERP application is used by both large businesses and small businesses.

There are various ERP modules and vendors. Some of the modules are product planning, material purchasing, inventory control, marketing, finance and HR. Businesses combine modules to manage back-office activities. Improving accuracy of financial data, better project planning, employee life-cycle and many more.

 

The vendors for large business ERPs are SAP and Oracle who are the biggest followed by Epicor, Infor and Microsoft. There are various ERP trends such as mobile, cloud, social and two-tier ERPs.

 

FEATURES:

  1. CRM:

Helps to maintain good relations with the customers and provide services by helping them to clear their and queries. Maintains proper growth of the business.

  1. Monetary Management(Finance):

Enables to decrease the documentation process and maintain the financial records.

  1. Customization:

ERP applications with customization facility is an important feature as business workflow changes from time to time.

  1. Supplier and Purchase order management:

The supply chain and production modules are integrated with the purchase module.

  1. Human Resource:

Seen as one of the most key features, it helps the organization to track the time taken, performance of the employees among various other things.

  1. Manufacturing:

It includes various functions like controlling the sales and distribution plan, Production schedule and many more.

HOW IS IT USEFUL IN THE MARKET/COMPANIES?

ERP is a very useful tool. It helps bring accuracy, consistency, and all the data/information is managed in a systematic manner. Moreover, the feature of the application which is to keep the departments and various functions of the organization integrated is the most beneficial characteristic.

Also READ: MASTER OF ENTERPRISE RESOURCE PLANNING MANAGEMENT

ADVANTAGES:

  1. Increased Productivity
  2. Managing day to day activity made easy
  3. Improved Decision Making
  4. Reduced Operation Cost
  5. Security
  6. Better Workflow
  7. Visibility

DISADVANTAGES:

  1. Cost of Planning
  2. Time-consuming Projects.
  3. Difficult to use
  4. Measuring cost/payback is difficult.

 

NEED AND IMPORTANCE:

  • Saving Money
  • Better Analytics
  • Improved Productivity
  • Flexibility
  • Consistency
  • Accuracy
  • Efficient
  • Standard Procedures
  • Improve Quality of the business.

 

CONCLUSION:

We can conclude by saying that enterprise resource planning is an application that helps the business run smoothly while managing all the functions at the same time which also explains the time-consuming factor. The ERP professionals are then too high in demand for their ability bring accuracy and a stable workflow in the organization/business.

 

CAREERS AFTER MBA IN I.T

 

The marketplace for professionals with advanced, specialized IT management skills will remain strong for years to come. The Bureau of Labor Statistics’ long-term outlook is that by 2018, careers in information technology will expand to more than two million new jobs.

Following are some of the major and rewarding career opportunities for people who are aiming at enhancing their IT management skills through MBA in IT:

1. IT Consulting

         a. ERP Consulting (SAP Functional Consultant/Oracle Consultant)

 An ERP consultant deals with helping people out with the full implementation of an ERP project, from matching business requirements with the right software to managing change within the organization as a result of the software implementation.

ERP consultants typically specialize is ERP software like SAP, Oracle and are among st the highest paid due to the complex nature and importance of ERP projects. Getting yourself certified in SAP or Oracle will open your doors to a promising future, open new global job arenas and help you to position yourself as an expert in industry.

       b. Cyber Security/Risk Consulting

In this era where the world is going digital, the threat of safety and security online is of prime concern in all business enterprises and the scope of risk/cyber consultants are on an all-time high. The Security & Risk Consulting practice provides a broad portfolio of services to address the information security, risk and compliance needs.

IT security consulting deals with identifying vulnerabilities and assessing real business risk, meeting safety standards and other security compliance mandates, devise security and governance programs that fit a client’s environment, and help them recover from and prepare for a cyber security breach.

     c. Business Analyst

Business analysts play a key role in working with clients to identify and analyze the requirements and providing solutions. Business analysts work closely with both internal and external stakeholders in delivering the optimum solution. Business analysts play a key role early on in the project life cycle and are critical to the success of the project.

2. Project Management

Software project managers are responsible for the successful delivery of complex IT projects. The skills of a successful project manager are broad and diverse. Their work includes resource management, project plan development and execution and are key task masters in ensuring that the software is delivered on time, within budget while meeting the requirements.

 

IIM Ahmedabad Convert on 89.67 Percentile

Vidit Garg has entered IIM-A with an 89.67 percentile in Common Aptitude Test (CAT). What has set the tongues rolling is that he did so being a general category student. His first reaction was of

abdisbelief when he got the call the last week of January. This surprise soon followed a feeling of anxiousness that this wasn’t going to be enough to convert his dream call because of a relatively low percentile.

But fate had something else in store for him. He got his final selection letter from the coveted Indian Institute of Management, Ahmedabad. This was his third attempt at CAT and didn’t take any coaching this year. After getting a call he did enroll for Personal Interview coaching where he learnt to defend all the possible scenarios and for counter questions and the answers.

He has a Bachelor of Arts Degree from Delhi University.  Once he got the call from IIM-A, he starting preparing for more than 10 hours a day during the last 20 days of his preparation. This is what helped him immensely during the final round. His PI and written ability test was similar to what he had practiced. His hard work and as he believes that God did it for him! Congratulations Vidit Garg!

Are you on the right track to MBA?-Checklist for graduate students

Yes, you are now in your graduation days and we understand that securing admission in a prestigious B-school for MBA is your dream. But are you on your right track???
We bring to you 5 important check points that you should keep in top of your mind to stay right on the track. So here, we go

1. Focus on your academics

Majority of the prestigious B schools like IIMs, XLRI etc. has a high weightage for the academics. So, you should definitely pay attention to get your grade sheets attractive

2. Sharpen your leadership skills

Grab opportunities that come in your way for exhibiting and polishing your leadership skills. Be it a college fest, organizing college activities, I would suggest you should make use of the opportunity.

3. Focus on building your resume

Most of the prestigious MBA schools give a lot of importance to the resume. So try to grab any opportunity that comes in your way for an internship, opportunity to work with N.G.O etc. It will not only help you with resume points, but will give u deeper sense of understanding real-life business scenarios, develop greater sense of responsibility etc. Also, focus on doing relevant certifications in the filed you want to specialize during your MBA. Trust me, these are good value additions

4. Work on your written & spoken English

I would suggest all you to work on improvising your spoken and written skills. Read a lot of books, articles, newspapers etc. , it will all come handy in times of your Group Discussion, Interviews and written tests during your MBA admissions

10 Must read books for an MBA Aspirant

And most importantly,

5. Believe in Yourself
Getting to a good prestigious MBA school requires lot of hard work and self-confidence. You will have to believe firmly that you are capable of achieving the same and keep the pace intact.

All the best Guys !!!

THINGS NO ONE WILL TELL YOU BEFORE TAKING MBA

You all might be gearing up for joining MBA and paving your way to success. You might have a picture of all the good times ahead. But none will tell you the “not-so -rosy” picture of the same and here I will spill the beans for you

So here are my top 5….

1.You are going to compete with brightest minds of the country who wants to excel themselves in whatever they venture. Yes, there might be a few exceptions, but majority crowd is very focused and are ready to go extra miles to create an identity among the lot. So, you have to sharpen your axes, stay focused and work really really hard to excel among the lot.

2.Nobody mentions about how time constrained and money constrained you will be during your MBA. With hell lot of assignments, case-studies and presentations piling up one after another, you may find it hard to manage time and for most people, peaceful sleep becomes a distant dream

3. For people who joins MBA after work-ex, it is often frustrating and tensed scenario in B-school as they have left their well-paying jobs for joining MBA. Often, they get blown away by the fact that their Non-MBA friends are really doing great in their work places with their kick-ass work experience

4.The expectations on you have become SO SO high suddenly-from family, friends, distant relatives, classmates and mostly from Yourself. You are expected to DO amazing stuff and KNOW valid and credible information about anything and everything under sun.

5.And most importantly, most people might not have a clear idea why they have left their jobs/ have plunged the MBA dive. Even if they have a fair idea, they wouldn’t be sure about the path they are going to thread and how that may help in their career goals.

Nevertheless Guys. be assured that you are signing up for an amazing saga of learning experience. The way you look at life, career, relationships etc. is going to evolve and will surely help you guys to make a difference. So, gear up yourself to take the MBA dive

All the best !!

Tips to Crack Data Interpretation in CAT Exam

Data interpretation (DI) is among the most interesting topics that can come in an entrance exam. In DI students will be given the information and questions about something and they have to answer it after interpreting information. This particular sub – section have 16 questions weightage in CAT. Now we know that 16% of CAT exam will be DI, let’s look at some tricks and tips to crack Data Interpretation.

  1. T – S – C – F:

It is very important for student to be well aware with TSCF which is nothing but Tables, Square and cubes and fractions. Student appearing for CAT 2017 need to learn the tables, square, cubes and fractions before jumping to DI questions.

  1. Vedic Maths:

Once done with TSCF now the time is to practice the Vedic maths. Vedic maths is the topic which helps do smart calculations. With the help of TSCF and Vedic Maths it will be easier for students to calculate multiplication, squares, cubes and fractions of numbers. Using Vedic maths in your calculation will help to reduce time consumption on calculative questions.

  1. Approximation:

Approximation technique will only help if one knows how to do it. Random approximation will not help since we know that CAT Exam has negative marks for every wrong question. Make sure to use the Vedic maths and TSCF to use approximation in questions.

  1. Daily Practice:

To excel Data interpretation in CAT exam it is required to practice DI questions daily. A student must solve 1 DI set everyday in order to score good in Data interpretation. This particular section has got 16% weightage in the entire CAT exam as per CAT 2016.

  1. Take Tests:

Practicing ‘n’ number of Data interpretation questions, even using the above strategies will not give much benefits to students unless not practiced with proper time management. For which regular Mock Test of CAT and sectional test will work the best. The exam itself has fixed time for each section and for Data interpretation which is combined in one section with Logical Reasoning will have 60 minutes. For this students should practice Data interpretation questions with timer and should also ensure to maintain accuracy with the help of above tips.

Using the above mentioned tricks and tips student will definitely get good scores in the Data Interpretation which is one of the important topics for CAT 2017.

 

Related Articles:

Know why students end up with low scores in Verbal

Do you know how to excel in Quants

Click here to know how to crack LR in CAT

Ace Arithmetic in Quants

Arithmetic is the base topic for all the competitive exams, which is important for CAT exam also. The topic has various sub –topics. Few of the sub topics play a very important role in all the other topics like Algebra, Geometry, etc.

Let us have a look on those few important sub areas which are essential for not just cracking CAT exam but also the other exams too.

  1. Percentages:

We all are aware of “Percentages”. In CAT and other MBA Entrance exam is very important to have good practice of percentages which will not only be useful in other Quants topic but this topic helps a lot while solving Data Interpretation. The concept are easy but a student should regularly practice percentages questions to understand the application in others sub topics of Arithmetic.  Students who want to excel in arithmetic need to practice percentages regularly to score good marks in overall quants section of CAT exam.

  1. Averages:

Here is another most essential topic in Arithmetic which is Averages. Averages will be very helpful in solving DI and but also in other Quants topics.

  1. Ration and Proportion:

Ratios and proportion has same importance as Percentages. Students will see the application of this topic in Geometry and Data interpretation etc in CAT exam. Being one of the most important topics among all in Arithmetic; Ratios and Proportion is a favorite topic of all exams like CAT/CET/NMAT/SNAP/XAT. It is required to keep practicing this topic to ensure good scores in Quants section.

  1. Learn, revise, and Excel:

One of the most important strategies among all is to keep practicing the concepts of the important topics to ensure that you glued to it till the end. Since we know there are 15 topics in Arithmetic itself, a student should not only learn the concepts but also revise it. It is important because the agenda of a student should be to excel the PAR topics. PAR topics are easy but it needs consistent practice to excel in the topic.

  1. Keep your eye on time:

The entire competitive exam especially CAT exam does not test you only on the knowledge and application of the concept but how a student utilize the time to complete the exam. For this it is essential to practice the topic with timer, and accordingly one can analyze the progress and improve.

The 5 strategies mentioned above are what a student needs to crack the arithmetic topic in Quants. And students need to ensure to focus on both accuracy and time check while practicing and at the CAT exam day too.

 

Related articles:

Know why students score low in Verbal

Tricks to ace Quants section in CAT

 

 

10 Tips to Crack CAT 2017

It gets really difficult when you’ve got loads to do and no one to speak to. When monotony of quantitative gets to your head before the hot coffee bought over the shelf, we come in and help you by identifying key things that could be done to get rid of the phobia, which is the primary step to clear any barrier in your way to success.

So here are the ten things that we recommend to Crack CAT 2017:

1. First and Foremost, take a deep breath and calm down. Things always fall in place so there is no point of getting nervous and breaking down with stress. You cannot clear the exam if you are hyper till the last moment.

2. Secondly, paint the bigger picture before you attempt the minute exam that seems like a huge obstacle as well as stepping stone in your journey right now. It’s important to foresee your future to bring the diligence that is usually required in the corporate sector, most aspired at the moment.

3. Rejuvenation and Recreation should form an essential part of the routine, not just while giving a management entrance but as your daily routine. Plus it is essential to eat healthy to keep up, and to keep well along with being fresh all day long, since long hours of study do become strenuous.

Click here to take the 1st step towards your dream college

4. Coming to CAT specific To Dos; make sure that your shortcuts are in place. Even though it is a conceptual exam where your core fundamentals are tested, shortcuts help you solve problems with greater speed and accuracy. For which students are required to take regular mock test and practice it well to excel in CAT 2017.

5. Changes, if at all, need to be known and practiced to succeed in. The last change of not being able to switch from one section to another section allowed a candidate to not get diverted and also gave equal time to everyone.

6. Following which comes the pattern. It is absolutely important to practice and give continuous mocks to ace the exam. Because to understand and be comfortable with the pattern is what is going to get speed and accuracy that is needed along with concepts.

7. Once you’ve taken the mock exam, do not forget to analyze the results because that is where you learn from, and this is what makes your score better gradually.

8. Time Management; though we want to mention it first, it comes along at any point of your preparation. It is very important to stick to the schedule and in the first place, make a time schedule that you can adhere to, because you have to.

9. After time’s managed well, it becomes equally important to find your strengths as well as weaknesses. Strengths have to be played upon and weaknesses need to be harnessed into the strengths that can be used in the aforementioned manner.

Know why students score low in Verbal section of CAT exam

10. It’s good to be motivated, it’s better to be moved by inspirational stories, but it’s equally harmful when these stories get to your head. So avoid day dreaming along with disappointment; stay focused, stay bright.

 

Related articles:

Know how to excel in Quantitative Ability

What all you need to crack Logical Reasoning

Tips to Crack Data Interpretation in CAT exam