December 2, 2016 / como / 0 Comments
I am an MBA from…”
Or
“I am a Masters In…”
Or
“I am a graduate from…”
Really?
What happened to you?
You Are Not Your Education.
Surely you have something unique to offer the world of Banking & Finance.
But I have found that the very thing holding these students and graduates back is simply their beliefs and the meaning that they attach to the current situation.
In Private Equity our job is to see things differently from everybody else.
The investments that I look for right now are companies that do not understand the opportunity that is available to them right now through technological advance.
I mean, never in history have we had access to our own television channel (You Tube), our own distribution network of over 1 billion users (Facebook), the ability to have our message reach everybody’s pockets (Through i phones and Blackberry’s), have access to our own publishing company (Through iPad and Amazon), the ability to set up at virtually zero cost, for 3 people to be able to do the work of 300 people without an office and to have access to a global market with the click of a few buttons and a small budget with google.
And this is meant to be a hard time???
What an opportunity.
As long as businesses continue to do things the old way, there will always be a market for me to see things the other way and thrive.
As long as students and graduates identify themselves as their education, there will always be an opportunity for others to see things the other way and thrive.
Why?
Two things and two takeaways for your career.
Students and Graduates that are struggling right now are stuck in old ways and not adjusting to change.
Old thinking students and graduates are using old strategies like get as educated as I can and then apply online for graduate Schemes.
This will lead to the same results as everybody else – bad ones.
Secondly…
Students and Graduates that are struggling right now give the wrong meaning to the tough market.
Circumstances do not dictate what happens to us.
The meaning that we give the circumstances does.
This tough market can be unfortunate or it can be the biggest opportunity ever.
Which meaning you give it, is your choice.
What is the dominant meaning that you give to the current situation?
I put it to you, the meaning you give it will dictate your results.
Some experience the trauma (and something that I would never wish upon anybody) of being raped.
Some take that experience and fall apart.
Others use this as a reason to never allow this to happen to anybody ever again and start a crusade to change the world.
What is the difference?
The meaning you give something.
Why me? v. How Can I Use This?
The meaning you attach to circumstances will dictate your ability to see the opportunity amongst the rough.
November 29, 2016 / como / 0 Comments
Although mortgage interest rates have hit a historic low, many households are paying over a third of their income on housing costs. According to an Ipsos MORI survey commissioned by the BBC’s Panorama programme, 31% of household surveyed spend over a third of their income on a mortgage or rent. There are a number of reasons why this may be the case, including a shortage of affordable housing, high property prices and an overheated rental market.
A Shortage of Affordable Housing:
The UK is not building enough houses each year to meet demand, according to figures produced by the housing and homeless charity Shelter. Since 2008, the construction market has been in the doldrums. The government attempted to boost the new-build market with phase 1 of the Help to Buy scheme. Launched in April 2013, this initiative was designed to encourage first-time buyers to purchase new-build properties by allowing them to borrow 20% of the purchase price from the government. Combined with a 5% deposit from the borrower, this left only 75% to be borrowed from a mortgage provider. The scheme has now been extended to cover all buyers and all properties.
Since the scheme began in April, there has been a 6% rise in the number of homes built in the UK.
High Property Prices:
The shortage of affordable property has been steadily pushing property prices up over the last few years. The average house price has been increasing by just over 3% per year and this trend looks set to continue. The Office for National Statistics (ONS) reported that property prices had reached a record high in August 2013. At that time, the average price for a property in the UK was 247,000. This is around ten times the average UK income.
Higher property prices mean that households are stretching themselves by taking out larger mortgages in order to buy their home. As a result, the financial benefits that could be gained from low mortgage interest rates are offset by higher levels of borrowing.
The research conducted for Panorama revealed that 46% of respondents think property prices in their local area are too high. In addition, 39% would like to see property prices fall.
The Rental Market:
Following the banking crisis, lenders have become much stricter about who they will lend to. When borrowers do pass the credit checks, lenders are insisting that they provide a deposit of at least 5% of the property’s value. As a result, many people find that they are unable to buy their own home and have to turn to the rental market. With more people looking for properties to rent, landlords are able to push up rents. The average cost for renting a home from a private landlord in England and Wales reached a record high of 757 per month in September 2013. This is an increase of 2.1% over the past year. The problem is particularly acute in London, where the average rent is approximately 1,200 per month.
Paying high rents can prevent individuals from saving the money required to put down a deposit on a property.
November 27, 2016 / como / 0 Comments
Mobile banking applicationsare one of the latest innovations in the world of technology as of today. It has undoubtedly come in handy for people from different walks of life. From youngsters to young professionals and even businesses and large corporate houses, it has touched and eased many lifestyles.
Essentially a technique that allows users to control and operate banking transactions on the go, a mobile banking application perfectly blendsin with the fast-paced world that relies on technology developments. Mobile banking application allows its customers to bank anytime and anywhere. With such service at one’s disposals, one can remotely operate all their bank transactions and take care of it without any hassles. Few of the leading banks aim to ease and simplify their customers’ hardships, by providing the assistance of mobile banking.
The following steps can be undertaken to avail of this service:
Step 1: Contact the bank
Customers can avail the assist of digital bankingby getting in touch with their bank and request for the application. Once confirmed, the app can be downloaded from the bank’s official website. The said app needs to be installed on the supported device, preferably a Smartphone. There are separate mobile banking apps for android, mobile banking apps for iPhonesand mobile banking apps for Windows Phones as well.
Step 2: Creating a user id
Next, a suitable ID and password needs to be chosen in order to link the mobile phone or smartphone with the bank account. Most of the times, it is the bank that provides its customer with an id and password. Alternatively, it can be done from one of the bank’s ATMs as well. Once it has been done, the user can view the basic features and functions of cell phone banking on their device.
Step 3: Select your transactions
The features are not only exciting but also greatly helpful. Cell phone banking users can pay their electricity bills, telephone bills as well as recharge data card, digital TV, mobile and so on. The service does not restrict to bill payments, it also lets the customers transfer funds. It allows users to also track the closest ATM machine nearest to you by activating the GPS on your phone. All these services can be activated from the mobile banking apps for android and mobile banking apps for iPhone
By and large, most mobile banking applications are secure as no information is stored on your mobile device or SIM card, which is enough to keep customers accounts secure. It is very user-friendly, and comes in various languages. To maintain the simplicity, the service is subjected to regular updates and occasional enhancements in quality.With Mobile Banking application customers can access the account on the mobile in a safe and secure manner.
November 26, 2016 / como / 0 Comments
Offshore online banking BVI emphasizes that last December 2001, the enactment about financial service commission act 2001 completely establish in British Virgin Islands Financial Service Commission considering the regulatory autonomous authorities that responsible for supervision, inspection, and regulation on entire financing services within the island’s jurisdiction area.
Services include offshore online banking BVI, business trustee, insurance, mutual funding for business, company management, company registration, intellectual property, and limited partnership. As of now, the commission of overseas to entire regulatory responsibilities will be handling Financial Services Department governance.
The BVI banking system and Fiduciary Division guarantee that an entire bank account and corporate services will operate within the island’s jurisdiction. Also, it allows of complying the needed requirements with emphasizes on mere establishment of international standard regulation.
This type of finance and banking system consider as one best business transaction that operates the island that significantly goes along the British Virgin Islands laws or regulation.
British Virgin Island will improvise the modern financing infrastructure particularly offshore online banking BVI that handle with complete and due diligence intended for business requirements in nowadays banking system.
This finance and banking system processes also applicable on trust companies that started of conforming on Banks and Trust Companies Act 1990 with the emphasizes of continuing amendment Act 1995. The commission will offer a tasks function upon acquiring newer responsibilities that includes promotion of public understanding related to financing system. This system primary deals both products and perimeter policy upon regulating activities, reducing the finance related crimes, and avoiding marketing system abuse.
The legal requirements offers a good venue upon acquiring bank licenses in British Virgin Islands as to completely govern the Banks and Trust Companies Act 1990 particularly dealing offshore online banking transactions. In Section 3 of Banks and Trust Companies Act 1990, it emphasizes that no person, individuals, or company will be incorporated in British Virgin Island jurisdiction area unless that certain individual or company already acquire a license provided by Banks and Trust Companies Act 1990.
Furthermore in section 4(4) of Banks and Trust Companies Act 1990 clearly convey that if certain commissions already acquire satisfaction related to their application carried by the banking business operation must not anymore go against any public interest. But, still the applicant should be an individual that qualifies of carrying the business banking account transaction.
Somehow, it may grant other applications and even re-issue an applicant subject licenses along the terms and condition that suites on everyone needs. Indeed, the offshore online banking in this island offers wider opportunity for business to flourish all throughout and even earn higher profit that ensure asset protection. Also, it guarantees owners or clients to have an identity closure for safety purposes.
November 25, 2016 / como / 0 Comments
Best Short Term Finance Management Training Courses Banking Delhi: The one year PGD-AFPWM is a breakthrough innovation as far as post graduate professional courses in India are concerned. Conceptualized by Mr. Niamatullah, former MD SBI Mutual Fund and currently Director Academics of IIFP, this one year course provides to fresh graduates from any stream an opportunity to pursue a lucrative career in personal finance.
The one year at IIFP makes the student a dynamic professional comparable to the best in the world and ready to be absorbed in the industry.
IIFP continuously update and revise the course content to keep it relevant for the requirement of industry.
IIFP have innovated a unique teaching methodology where students are regularly given case studies and asked to apply their knowledge to find solutions of financial problems. Group assignments, presentations, continuous evaluation of lessons learnt etc are other highlights of this policy.
A significant part of the role of teaching fraternity is that of facilitators, guides and mentors.
IIFP has also developed world class study material and work books for the entire CFP Certification Education Program.
IIFP has received excellent feedbacks from student fraternity on the quality of study materials and this fact is amply reflected in the popularity of IIFP across the country for training and education in finance.
IIFP has a dynamic placement wing which closely interacts with the industry people, on a regular basis, and maintains excellent relationship with HR managers.
The placement department also plays an important role in grooming of students.
Some of the key activities performed by the department are
Career counseling to help the student select right profile and company
Helping the students prepare effective resume
Conducting mock interviews to help the students master the right attitude and skills
IIFP has about 95% placement record since inception. The average package provided to the PGDAFPWM students in the year 2010 was ‘ 3.5 lacs with ‘ 6.5 lacs as highest package. Around 60% of the students got a package higher than the average package.