When talking about a Tally Course, a question that may come to your mind is why Tally is so popular and how it can help one to get a job. Tally is an indigenous brand, and it is among the very few purely Made in India applications that have garnered huge success. So if a Tally Course is on your mind, this article will be immensely helpful as we are going to give you the complete guide to Online Tally Course Duration.
The Backstory of the Tally Software
It was back in 1986 when Shyam Sunder Goenka, a Marwari entrepreneur with roots in Kolkata, set up a textile business in Bangalore which supplied raw materials and machinery to textile mills. A devastating fire had broke out in the office of the Goenkas and had wreaked havoc.
The only thing that could be saved was a computer on the floor from which Bharat Goenka, the son of Shyam Sunder Goenka, created the Peutronics Financial Accountant, an accounting software application, which was renamed Tally Solutions in 1999.
In the area of small and medium businesses in the country, Tally has overwhelming popularity and is often considered a generic brand for Accounting Software. The complete guide to Online Tally Course Duration will give you valuable insights if you want to start your career as a Tally Professional.
Products that Tally Solutions Offer
TallyPrime
To grow a business and to make the right decisions, the right insights play a crucial part in this regard. The new Tally Prime will provide you with customizable reports, enabling you to manage multiple companies, with extra features such as multi-currency, order process, cost centers, etc. All of this leads to enhanced business efficiency, better control over cash flow, and also makes Tax compliance much smoother.
Tally Software Service ( TSS )
Tally Software Service ( TSS ) is a subscription software that will add a collection of services to your tally prime. The key benefits are as follows:-
Instant generation of e-way bills
Auto-generate e-invoice
You can view your business reports on any device from anywhere
Regular product updates ensure compatibility with the latest technological and statutory changes
TSS provides smooth and hassle-free Banking and Payment Services
Online Data Synchronization
24/7 business connectivity with Remote Access Services
TallyPrime Server
The key benefits of the Tally Prime Server are as follows:-
There is no downtime when multiple users perform data-related activities. The users are able to work seamlessly on the same data and the data will always be real-time, consistent and accurate
Secure and better control over user’s access to data
No compromise on speed or access or accuracy while taking backup, thereby improving work productivity and business performance by eliminating work disruption and ensuring zero downtime
You can track, and monitor user activities and sessions, and even disconnect users as per requirement for the optimization of business processes
TallyPrime powered by AWS
The key benefits of the Tally Prime powered by AWS are as follows:-
Tally Prime powered by AWS gives you expertise in cloud platforms
It is reliable and economical as you can get everything in one place for your business
It comes with the flexibility of seamlessly upgrading or downgrading your plan in a matter of minutes with a fully automated process
The Shoper 9
It serves as a complete retail enterprise solution. The Shoper 9 comes in all sizes for an unequaled retail experience. The components of Shoper 9 are:-
Shoper 9 HO- It supports centralized management and integration with the warehouses.
Shoper 9 POS/ Distributor- It is a powerful Point of Sale software for the management of all retail operations
Editions of Shoper 9 Product – The Editions available are Silver, Gold, and Diamond according to your business type and requirements
The Benefits of an Online Tally Course
You will always have access to the recorded videos and lectures so you can go back to it whenever you want to.
Even if you miss a live class you can watch the recorded videos.
All of your learning materials will be stored in the learning management system and the curriculum will be much richer as you will be taught by real-world practitioners.
With Remote learning, you can learn from any corner of the world.
Save money on travel and accommodation for learning at a place far from your home with the help of online learning.
If you are a working professional with a busy schedule you can still upskill with the help of online learning as you can learn at your own pace.
Some institutes also have the benefit of a customized online tally course duration for working professionals or business owners.
Where to Learn Tally Courses Online?
1. TEPL Tally Education
Tally DigiLearn brings an array of industry-preferred courses. According to their CEO Bhuwaneshwari B, continuous learning (and unlearning) is the only way to stay relevant in this fast and ever-changing environment. TEPL wants to serve the purpose of positively impacting the lives of its learners with employment, upskilling, and driving business growth.
By creating a simple, easy, and enjoyable learning platform for both its learners and mentors and along with access to rich and diverse content curated by industry experts, especially in the space of computerized accounting, finance, and administration, TEPL Tally Education wants to achieve its purpose.
Online Courses offered by TEPL are as follows:-
TallyPrime Basics
List of modules which you will be taught-
Tally Prime start up
Tally Prime Basics
Recording day-to-day Transactions
Billing with Accounts, Receivable Bills, and Payable management
Tally Prime with Banking
Benefits from the Course-
Flexibility to learn at your own pace.
Industry-recognized Tally Certificate upon completion.
Accessibility to content for 1 year and lifelong access to the Tally job portal.
Other Details-
The course is designed by Vedanta Soft Solutions.
The course delivery is done in English.
The online Tally Course Duration is a total of 5 Hours.
The course is available at an offer price of 1200 INR.
TallyPrime with GST
List of modules which you will be taught-
Tally Prime start up
Tally Prime with GST
Tally Prime Printing Configurations
GST Filing concepts
E-Invoicing
Benefits from the Course-
Tally Prime with GST is an important course for learners belonging to Accounting, Finance, MIS, Data Analysis, Tax, and Business Management Sectors.
With TallyPrime how managing GST compliance has become simpler has been explained in the course as well.
Other Details-
The course is designed by Vedanta Soft Solutions.
The course delivery is done in English.
The online Tally Course Duration is 5 Hours and 30 Minutes in total.
At Internshala Trainings, you are going to learn concepts through training videos. You will be able to test your knowledge and get an idea about your progress through the provided quizzes and tests at the end of each module. You will get access to a question-and-answer forum where all your doubts will be taken care of within 24 hours by experts.
You will be applying your knowledge practically with hands-on training by doing assignments and projects. After completing the training you have to take the final exam and on clearing it you will be provided with the training completion certificate.
The Tally Training syllabus consists of:-
129 video tutorials
1 project
5 assignments
List of modules which you will be taught-
Basic Concepts of Accounting
The world of Tally
Accounting process in tally
Bank Reconciliation Statement
Tax Deducted at Source ( TDS ) and Tax Collected at Source ( TCS ) Accounting in Tally
Payroll in Tally
Goods and Services Tax ( GST ) related Accounting in Tally
Data Extraction from Tally
Some extra topics
Final training Project
The Tally course project consists of:
Assets, liabilities, and journal entries
Ledgers and Vouchers
TDS entries
Attendance voucher and salary disbursement
GST computation
Books of accounts and final statements
Benefits from the Course-
You can learn online at your own preferred schedule.
Even if you don’t have access to a laptop, you can learn from your mobile as the site is mobile-friendly also.
You will get a Certificate of Training from Internshala Trainings.
You will be getting Placement Assistance to take your career forward.
You will get exposure to the real world by building one hands-on project.
All of your doubts will be taken care of through the question-and-answer forum.
You can learn Hindi as your preferred language.
It is an absolute beginner-friendly course with no prior knowledge or experience required.
The online Tally Course Duration is of 6 weeks with 1 hour per day that too is available in a flexible schedule.
The content is downloadable and you get lifetime access to all of it.
What kind of placement assistance will you get at Internshala Trainings?
You will be taught how to build your resume, how to make great applications, and also receive training on how to ace your interviews.
You will receive curated internships and fresher jobs as per your preference directly to your inbox.
You will be highlighted on Internshala if you are a top performer for internships and job applications.
The Course is available at an offer price of 1349 INR.
3. FITA Academy
The Tally Course Program of FITA Academy helps you to master the Tally ERP 9 under the mentorship of experienced and highly skilled coaches. The mentors will provide you with hands-on training in Accounting, Bank Reconciliation, TDS, TCS, Inventory Management, GST, Taxation, Return filing, Reporting, and Auditing tools to make you an expert in using the Tally software.
Benefits from the Course-
Interactive instructor-led live online Tally training program delivered by real-world practitioners.
The Tally Course module is expertly crafted to meet the demands of the current global industry standards.
The curriculum is designed in such a way that you get a holistic understanding of the Tally ERP 9 through real-time accounting work.
FITA Academy provides a strong placement support system with an established network of 1500+ recruiters.
You will be getting the recorded videos of each Live Session.
The trainers at FITA Academy have a minimum of 8+ years of industry-level expertise in the accounting sector.
You will be provided with personal mentorship and career guidance by your instructors.
The instructors will also help you build a professional resume and prepare you for the interviews.
Other Features-
You will be handling Live Projects which will give you deeper insights, and by showcasing your project experiences you can increase your chances of getting hired.
On successful completion of the course, you will get a certificate from FITA Academy.
You will also be trained to clear global certifications and FITA Academy holds the record of 100 percent of its students passing the exams.
FITA Academy goes by the motto of quality training at an affordable price and hence you not only get an affordable course fee but also get the opportunity to pay in installments.
You can learn at your own pace and can also choose your preferred time and day with their personalized online tally course duration.
FITA is tied up with more than 1500+ small and medium companies to provide you with assistance with placements and opportunities to kick start or step up your career goals.
For detailed information on the online Tally Course Duration and the course fees, you have to fill up the inquiry form on FITA Academy’s website or you can also contact them at the given number or request for a callback.
4. Inventateq
For almost half a decade Inventateq has acquired the top position for the best software training institute that provides 100 percent guaranteed job placements. They want their trainees to exit as skilled professionals. Cost-effective quality training in real time is offered by Inventateq. They have records of helping freshers, software engineers, working professionals, business leaders, corporate companies, etc.
Job-oriented Tally online course with Certification
Benefits from the Course-
100% job-oriented Tally training is provided.
The course has been curated keeping in mind the needs of students or professionals or job seekers.
There are no prerequisites to learning the course and it is meant for everyone who has an interest in learning Tally.
Live projects are included in the course
You will be doing demo projects to gain experience.
There are options for Tally certification for Beginners and professionals based on experience.
Freelancing Tally work opportunities will be supported by Inventateq.
Guaranteed internship for the freshers and students.
Students will get their hands on the recorded sessions as a backup if they miss the live sessions.
List of modules that will be covered at Inventateq-
What Are the Benefits of Tally Training and Certification for Professionals?
Professionals who already have experience or looking for a change in career or promotion by upskilling can do a Tally course and get certified.
There is a good market for accountants who have completed the Tally certification with GST course.
What Are the Benefits of Tally Training and Certification for Business Owners or Companies?
Your employees will become excellent users of Tally ERP 9 with GST to serve your customers better.
You can also get your employees certified on Tally ERP 9 from the comfort of their homes with online training.
You can make your accountants more efficient by upskilling them with the Tally course.
Career Options You Can Choose From After Doing the Tally Course:
Admin Executive for both Freshers and experienced with a Salary of 2.4 LPA to 6 LPA
Accounts Executive for both Freshers and experienced with a Salary of 2.4 LPA to 8 LPA
Audit Executive with 3+ Years of experience with a Salary of 5 LPA to 15 LPA
Financial Analyst for both Fresher to 4 years of experience with a Salary of 4 LPA to 9 LPA
Accounts Manager with 4+ years of experience with a Salary of 8 LPA to 15 LPA
Senior Accountant with 5+ years of experience with a Salary of 8 LPA to 15 LPA
FAQs
❖ Is it possible to learn Tally in one day?
How quickly you can learn Tally depends on a number of factors like existing qualifications, experience in accounting, and the amount of knowledge you want to gain in the Tally software. Considering all these factors you can understand Tally in a minimum of 5 Hours. Having some experience in Accounting can give you an upper hand in getting a thorough knowledge of Tally in 1 Month but if you are completely new to this field you may require a minimum of 3 Months to grasp the concepts. If you are opting for an online Tally Course, the online Tally Course duration will vary according to your level of expertise and the modules you want to learn.
❖ Does Tally make you job ready?
After completing the Tally course you will be ready to serve as a freelancer in micro, small, or medium companies with their financial accounting needs or you can go for a full-time job. Accurate and efficient management of accounts is crucial for any company’s smooth and hassle-free operations and also for overall growth and progress. If you are a dedicated learner you can carry this role efficiently and our complete guide to online tally course duration will help you if you want to learn Tally online.
❖ Does the Tally Course help with a CA career?
A Chartered Accountant career is seen as a highly reputed profession. CA’s are in high demand not only in India but across the globe as well. A CA has to perform Tax Accounting, Auditing, Financial Accounting, Cost Management, and Budget Analysis, among other roles. The Finance Industry hires a CA and as most of the small to medium business enterprises use the Tally Accounting software so the Tally Course will definitely help with a CA career. Even if you have a busy schedule the flexibility of online tally course duration will definitely help you with a CA career.
❖ Can you learn Tally with ease?
The answer is Yes. Yes, you can learn Tally easily by getting thorough with the fundamental concepts. If you are opting for remote learning, you can also learn at your own pace through a customized online tally course duration which is provided by some institutes. Tally is a user-friendly software for Accounting purposes that can be learned easily by students from Commerce or non-commerce backgrounds, by experienced people in the Accounting department, or by people with little to no knowledge of accounts. You can be a businessman who can learn Tally in order to maintain your daily accounts.
Conclusion
So we can come to the conclusion that Tally has a great job market out there and you have the flexibility of remote learning to reach your career goals. The complete guide to Online Tally Course Duration will help you to get an idea of the different course options available to master, the online tally course duration, the course fees, and also about the benefits and placement assistance provided by the different institutes.
If you are among those people who want to build a career in the field of Data Analytics and science then you are going to find this guide immensely helpful as it will take you through all the necessary details and particularly answer your queries on Data Analytics Entry-Level jobs. In this article, we are going to talk about 6 Data Analytics Entry Level Jobs To Kickstart Your Career. So keep reading to understand the different roles a Data Analyst has to play along with the requirements for certain job roles.
What is Data Analytics?
All companies are collecting data every day and some of them already have huge databases. This data serves no purpose until and unless someone can understand the data and make sense of the raw data. This is where Data Analytics comes into action.
Data Analytics is the process of analyzing raw data to draw meaningful conclusions and actionable insights to help better decision-making and also drive business growth.
It is the duty of a Data Analyst to gather all the available data, organize it, and then analyze it to give business intelligence. By drawing conclusions from the findings a data analyst will give suggestions or recommendations for the progress of the company or business.
When a company faces specific problems or challenges, a data analyst steps in and gives practical solutions to the current problems by analyzing the data trends. For example, a data analyst will help with identifying customer behaviors and patterns, the UX of certain tools, etc.
Data Analytics allows you to make informed choices based on what the data is telling you rather than making decisions on guesswork. When you are armed with insights based on data, you are able to understand the needs and preferences of your audiences, your competition, and your business as a whole much better and plan accordingly.
So if you find the field of Data Analytics exciting, and thinking about a career as a Data Analyst, then the 6 Data Analytics Entry-Level Jobs to kickstart your career will surely benefit you.
A simple and surface-level type of analysis is known as Descriptive Data Analytics. It is about analyzing past data. Data Aggregation and Data Mining are the two main techniques that are used in descriptive analytics.
The aggregation part involves the data analyst collecting all the available data and presenting it in a summarized format and the mining part is where the analyst will dig deep to discover patterns.
Then the findings are presented in simple language for a wide range of audiences to understand. The purpose of Descriptive Data Analytics is to determine and describe the “what”.
2. Diagnostic Analytics
Diagnostic Analytics involves exploring the question of “why”. While doing Diagnostic Analytics data analysts will try to locate any anomalies present within the data. For instance, if there was a sudden drop in sales in a particular month the analyst will try to figure out the cause.
Predictive Analytics is all about predicting what is likely to happen in the future just as the name suggests. Predictive analytics is important for business decisions as it eliminates guesswork. Even though predictive analysis can never be completely accurate but it does give data-driven insights about what the next steps of a company should be.
Predictive analysis is useful in all the areas of a business from deciding what products will be popular at a particular season to estimating the revenue increase or decrease for a given time period.
4. Prescriptive Analytics
Following Predictive Analytics, Prescriptive Analytics builds on the actions and decisions that should be taken. Prescriptive Analysis guides a business on how to take advantage of the situations that have been predicted with the help of Predictive analytics. Prescriptive analysis will guide the different actions that should be taken by a business.
Even though Prescriptive analysis is a more complex type of analysis, it can have a great impact on the company’s decision-making process and also on its revenue. All of these processes are to be implied when you will be working in data analytics entry-level jobs.
What It is Actually Like to Work as a Data Analyst?
The role of a Data Analyst will vary from business to business. Below we have listed some of the typical day-to-day tasks that a Data Analyst has to do at data analytics entry-level jobs:
Manage user satisfaction surveys and data visualization software.
Work with businesses to develop requirements, define success metrics, manage and execute analytical projects, and evaluate results.
Identify opportunities for improvement through monitoring of practices, processes, and systems.
Translate important questions into concrete analytical tasks.
Gather new data to answer client questions.
Application of analytical techniques and tools to extract and present new insights to clients by using reports and interactive dashboards.
Translate complex concepts and data into visualizations.
Do team collaborations to find the best product solutions.
Design, build, test, and maintain backend code.
Set up data processes, define data quality criteria, and implement data quality processes.
Ensure that the data being recorded is accurate by building data validation models and tools.
Take part in teamwork to evaluate and analyze key data that will be used to shape future business strategies.
6 Data Analytics Entry-level Jobs to Kickstart Your Career
1. Entry-Level Operations Analyst
Roles you need to perform as an Entry-Level Operations Analyst:
As the name suggests you will be working on the operational aspects of a business.
As an Entry-Level Operations Analyst, you will be analyzing the effectiveness of the different day-to-day business operations and measuring their effectiveness.
Also, it will be part of your job to suggest changes for the betterment of different operational procedures and also to increase their effectiveness at the same time.
The nature of the business that you are working for will greatly influence your job roles. For instance, if you are working for an e-commerce business, you will be looking after the warehouse and delivery operations. On the other hand, if you are working in a bank, customer acquisitions and underwriting processes will be your areas of concern.
Requirements for being an Entry-Level Operations Analyst:
A strong ability to study business processes
Analyzing and making sense of complex data sets
Can make strategic business decisions with the help of insights from the available data
Efficient in critical thinking
So an Entry-Level Operations Analyst’s job is one of the 6 Data Analytics Entry-Level Jobs to kickstart your career.
Roles you need to perform as a Junior Quantitative Analyst:
This job demands number-crunching
Provide valuable insights to boost the profits for the business
There is a huge demand for Quantitative Analysts in the Finance Industry. They are hired to architecture algorithms to help with the venture of capital firms, hedge funds, and investment banks, assessment of opportunities for investments, measure the risk factors, and detect frauds.
Requirements for being a Junior Quantitative Analyst:
You have to be strong in Maths
Good skills in Statistics are also a must
A Junior Quantitative Analyst’s job is one of the 6 Data Analytics Entry-Level Jobs to kickstart your career.
Check here the top-ranked data analytics courses to get a high-paying job:
Roles you need to perform as an Entry Level Healthcare Data Analyst:
There are different positions available in the Healthcare Sector for a Data Analyst.
If you are working in Healthcare Research, you might have to take up the core role of a Healthcare Data Analyst. However these kinds of positions typically require a healthcare background.
You can also look after the operations of hospitals and other healthcare service providers.
There is also the opportunity to work with public health bodies to provide them with regulatory frameworks based on data and also perform data analysis for these bodies.
Requirements for being an Entry Level Healthcare Data Analyst:
You need to have knowledge of image processing and image classification if you want to apply for job roles in the healthcare research sector.
You should also be confident and comfortable in working with large volumes of data sets.
An Entry Level Healthcare Data Analyst’s job is one of the 6 Data Analytics Entry-Level Jobs to kickstart your career.
4. Junior Financial Analyst
Roles you need to perform as a Junior Financial Analyst:
When seeking a job as a Junior Financial Analyst you will find most of the jobs in banks, hedge funds, or insurance companies.
There are also a lot of vacancies for this job role in venture capital firms.
Requirements for being a Junior Financial Analyst:
This is a number crunching role therefore strong skills in maths are a must as you will be working with quantitative data.
Foundational concepts of the financial sector.
The knowledge of Python language.
A Junior Financial Analyst’s job is one of the 6 Data Analytics Entry-Level Jobs to kickstart your career.
Roles you need to perform as a Junior Business Intelligence Analyst:
You will be working on projects analyzing the data for market trends, products, and data.
Understanding the industry and the requirements of the company you are working for quickly.
You will also have to be good at digging up all the business data and bringing it together for a deeper analysis.
Requirements for being a Junior Business Intelligence Analyst:
Basic skills in data analysis are most of the time sufficient for this type of role.
Sourcing data and building data storage structures are also important skills for being a Junior Business Intelligence Analyst.
Some roles might require knowledge of special business intelligence tools like Domo or Rapid Insight.
A Junior Business Intelligence Analyst’s job is one of the 6 Data Analytics Entry-Level Jobs to kickstart your career.
6. Entry Level Manufacturing Analyst
Roles you need to perform as an Entry Level Manufacturing Analyst:
You will have to gather data from the manufacturing units do a thorough analysis of all the gathered data and generate insights to guide business decisions.
You will have to work with sensors and other devices used to generate data insights.
You will also be in charge of identifying other key data sources on the factory floor.
Requirements for being an Entry Level Manufacturing Analyst:
You have to understand the functioning of the factories.
Spending time on the factory floor to gain real-time experience.
Knowledge of basic data analytics tools and programming languages such as Python and R for the analysis of the available data.
An Entry Level Manufacturing Analyst’s job is one of the 6 Data Analytics Entry-Level Jobs to kickstart your career.
Data Analytics Skills That Will Help You to Get Hired in Data Analytics Entry-level Jobs
Technical Skills:
Data Visualization- It is the process of presenting data in the form of graphics or other illustrations. The purpose of Data Visualization is to explain data-driven insights in a simpler form for a better understanding.
Data Visualization is an extremely necessary skill and according to a survey by LinkedIn Learning, it was reported to be the number one skill.
Data Cleaning- It is a critical step and often takes up a significant time of a data analyst’s working hours. When a properly cleaned dataset is available even simple algorithms can give remarkable insights. Uncleaned data will mislead conclusions and therefore data cleaning skills are necessary.
MATLAB– MATLAB is a programming language that allows analysts to save the time they usually spend pre-processing data and this facilitates quick data cleaning, organization, visualization and businesses interested in big data have begun implementing MATLAB because of it. MATLAB can be executed in any machine learning model built in its environment across multiple platforms. The knowledge of MATLAB isn’t a necessary skill but keeping in mind its usefulness, having at least a working understanding of the knowledge improves your chances of getting hired.
R- R is one of the most widely used programming languages in Data Analytics. This language is very appealing to businesses as it can handle large sets of data as well as complex datasets. Keeping in mind the popularity and functionality of R, learning this programming language should be on the high-priority list if you want to land a job in data analytics.
Python- Python is a high-level, general-purpose programming language, and learning this language should be the top priority for would-be analysts. In the current AI-influenced professional landscape, the importance of Python is increasing each day.
SQL and NoSQL- In modern analytics, SQL is regarded as the standard means for querying and handling data in relational databases. SQL has a foothold in companies everywhere as well as has a high demand among companies because of its functionality and maintained effectiveness and its popularity shows no sign of coming down any soon.
You should be learning SQL if not for its function, then to increase your job prospects. You should familiarize yourself with branded versions of SQL such as MySQL which offers opportunities for gaining a greater understanding of relational database management systems.
NoSQL databases should also be given equal importance. As per the name, NoSQL systems don’t organize their data sets along SQL’s relational lines. NoSQL frameworks can effectively structure their information in any way when the provided method isn’t relational.
Machine Learning- Having a general understanding of Machine Learning and its related tools and concepts will give you an edge over other fellow job seekers. Even though all data analysts may not be working on machine learning projects but will definitely help you in getting hired.
Linear Algebra and Calculus- If you want to be a Data Analyst, you have to have strong mathematical skills. Linear Algebra and Calculus are the two specific fields the importance of which is non-negotiable in data analysis. In machine and deep learning linear algebra is applied whereas to build objectives, cost, and lost functions calculus is used. Most of the time you won’t be needing a very strong theoretical foothold for real-life applications.
Microsoft Excel- Microsoft Excel is a well-used tool among businesses as it is very good at automating certain features and commands for better data analysis. Excel has its own programming language which is VBA. Excel uses VBA to create macros or pre-recorded commands. When VBA is deployed correctly, it can save human analysts a lot of time on frequently performed and repetitive projects such as accounting, payroll, or project management.
Key Soft Skills:
Only technical skills can make you a successful Data Analyst. There are many soft skills that are required for a successful career.
Critical Thinking- You have to not only look at data but also make sense of it and explain its applications beyond numbers. You have to have the skill of critical thinking to think analytically about the data identify the patterns form actionable insights and give valuable information for better business decisions.
Communication- You must be capable of explaining your findings to others if you want to be a good Data Analyst. To put it in simple words you have to become “bilingual” that is having the capability to address highly technical points to trained peers as well as provide clear and easy-to-understand explanations to the business owners or the decision takers. If you are unable to do so, you have to still build your skill set as a data analyst.
Teamwork- You should be a good team player.
Domain knowledge- Good knowledge of the domain is also necessary.
All of the above-discussed technical and non-technical skills will help you to land your first data analytics job.
❖ FAQs
❖ What is the role of an Entry Level Data Analyst?
In large data analytics projects, an entry-level data analyst looks after the smaller sections of the large project. They primarily play the role of collecting and analyzing complex data sets. Their key focus is to generate useful insights to help the company make better decisions and improve its strategies.
❖ How hard it is to get hired for Data Analytics Entry-Level jobs?
No, it is not hard to get hired for data analytics entry-level jobs if you have the right skills and the correct mindset. Companies also hire people who have attended Data Analytics Bootcamps but have to clear the company interviews. When it comes to getting a job companies primarily focus on the knowledge and skills of a candidate rather than a college degree. You should build a good and attractive Data Analyst portfolio and also mention your own real-world projects to increase your chances of getting hired.
❖ Is Coding necessary for a Data Analyst?
It is not necessary for all Data Analysts to know the language of coding. Some Data Analysts use mathematical analysis whereas some may prefer Microsoft Excel as their primary analytics tool. But the knowledge of Coding will give you an upper hand at your workplace and will make you a multi-tasker.
❖ How are Data Analytics and Data Science different?
Even though the terms Data Analytics and Data Science are used interchangeably, they are two very different fields that lead to two different career paths. The key difference between these two fields is how they treat the available data and make the deductions to reach a final outcome.
A Data Analyst is called in when the organization has already identified its problems and challenges and the analyst takes over the job to identify complex datasets and give suggestions to the organization on means to overcome the challenges by means of data-driven strategic decision-making.
On the other hand, a Data Scientist will work on what type of questions a business should be asking or can ask in the future. Their jobs include: designing new processes for data modeling, writing algorithms, devising predictive models, and also running custom analyses.
❖ How stressful Data Analytics entry-level jobs are?
As a job Data Analytics alone is not at all stressful and can turn out to be quite rewarding for those who enjoy this field. But if you feel overwhelmed by your workload you can always have a conversation with your manager. Data Analytics could be your dream career but to be successful in this field, you need to have the required skills. With consistent hard work and patience, you can surely reach your goals.
The type of banking that includes the organization of large and complex financial transactions such as mergers or initial public offering (IPO) underwriting is known as Investment Banking. Investment Banks raise money for companies in a variety of ways such as underwriting the issuance of new securities for a corporation, municipality, or other institution and also managing a corporation’s IPO. Investment Banks also play advisory roles in mergers, acquisitions, and reorganizations. The top 8 investment banking free courses will guide you if you want to make a career as an investment banker.
What is Investment Banking?
Investment banking is centered around raising money for companies, governments, and other bodies with activities including underwriting new debt and equity securities for all types of corporations.
The Concept of Investment Banking
Investment banks will for instance underwrite new debt and equity securities for all types of corporations aiding in the sale of securities alongside helping with mergers, acquisitions, and reorganizations. Investment banks provide guidance to issuers regarding the offering and placement of stocks and also broker trades for institutions and private investors.
Many large investment banking systems are affiliates or subsidiaries of larger banking institutions. Some have also become household names with the largest being Goldman Sachs, Morgan Stanley, JPMorgan Chase, Bank of America Merrill Lynch, and Deutsche Bank.
Broadly speaking, investment banks assist in large and complicated financial transactions. If an investment banker’s client is considering an acquisition, merger, or sale they may provide advice on how much a company is worth and how to structure a best deal.
Investment banks will hire investment bankers who can help corporations, governments, and organizations plan and manage large projects which will help their clients save time and money by identifying risks associated with the project before the client moves forward on signing a deal.
Theoretically speaking, investment bankers are experts at measuring the current investing scenario so that businesses and institutions can turn to investment banks for advice on how to plan their development so as to get the best returns. Investment bankers can customize the client’s recommendations to the present state of economic affairs.
Top 8 Investment Banking Free Courses For A Successful Career
1. edX
This program is an initiative by edX and is offered by The New York Institute of Finance. These investment banking free courses will help you by giving a boost to your financial skills and offer you ways of having a successful career in Investment Banking and Finance.
List of Modules that you will learn:
Module 01: Investment Banking
Module 02: Buy-side Institutions
Module 03: Alternative Investments
Module 04: Related Finance Opportunities
Module 05: Career Prep Strategies
Module 06: Overcoming Generational Stereotyping
Module 07: Your Authentic Story
Module 08: Your Personal Brand
Module 09: Cover Letters/Emails
Module 10: Elevator Pitch
Module 11: Impact Interviewing
Why choose this course?
This course will help you gain knowledge of the financial sector so that you can speak confidently when starting or advancing your career in Investment Banking and Finance.
In addition to industry jargon, you will also learn about the hiring processes and the strategies to tell your story in the most compelling way to attract recruiters.
Taught by instructors with decades of experience on Wall Street, this course will guide students from a wide range of backgrounds, including business, economics, engineering, sciences, and mathematics with the required career skills for a future in Investment Banking and Finance.
Free Preview is also available and you can access Module 1 for free. For full course access you have to upgrade to a verified certificate.
Benefits of the Course:-
Engage with industry professionals like experienced practitioners.
Expand your knowledge of the various financial institutions that exist.
Learn the industry jargon.
Find your professional fit.
Elevate your EQ.
Other Important Details:-
Duration: 2 Weeks/ 3 to 4 Hours per Week (Self-paced, Progress at your own speed)
Course Fee: Free (Optional Upgrade Available)
Institution: NYIF
Subject: Business & Management
Level: Introductory
Prerequisites: None
Language: English
Video Transcript: English
Associated program: Professional Certificate in Introduction to Investment Banking
This program is offered by Coursera in collaboration with the University of Geneva. In the investment banking free courses, you will learn how to make smart investment decisions in a global world and also about the various aspects of a wealth-generating investment portfolio.
List of Modules that you will learn:
Understanding Financial Markets
Meeting Investors’ Goals
Portfolio and Risk Management
Securing Investment Returns in the Long Run
Planning your Client’s Wealth keeping in view a 5-Year Horizon
Why choose this course?
You will be earning a Certificate upon completion which you can share on your social profiles.
100% online courses – Start instantly and learn on your own schedule.
Flexible Schedules with which you can set and maintain flexible deadlines.
Beginner Level – No prior experience required.
The course will take approximately 5 months to complete with a suggested pace of 2 hours/week.
English – Subtitles: English, Arabic, French, Portuguese (European), Chinese (Simplified), Italian, Vietnamese, German, Russian, Spanish.
By enrolling in the investment banking free courses, you will gain a better understanding of valuation and investments along with income statements, balance sheets, and stocks. The publisher of this course is Khan Academy.
List of Modules that you will learn in the investment banking free courses:
Introduction to Valuation and Investing with Learning Outcomes
Price and Market Capitalization
Introduction to the Income Statement
Earnings and EPS
Introduction to the Price-to-Earnings Ratio
P-E Discussion
ROA Discussion 1
ROA Discussion 2
Depreciation
Amortization
P-E Conundrum
Enterprise Value
EBITDA
Introduction to Valuation and Investing with Lesson Summary
Introduction to Valuation and Investing with Course Assessment
Why choose this course?
In this free course, you will learn to analyze balance sheets and income statements
Outlining depreciation and amortization
Learn to identify good stocks from bad stocks on a basic level
Listing the components of a balance sheet
Define Return on Assets along with Return on Equity
Learn to use metrics such as EBIT and EBITDA to assess the risks involved in an investment
Describing the roles of sell-side and buy-side analysts
Discussions on how Enterprise Value can be a better indicator than P/E at determining the value of a business
Benefits of the Course:-
This Free Online Course Includes: 1.5 to 3 Hours of Learning
CPD Accreditation
Final Assessment
Developed by experts in their fields by the course publisher Khan Academy
Other Important Details:-
Certify your skills with a CPD-accredited Alison Diploma/Certificate.
Stand out from the crowd by adding your Alison Certification to your resumé which will help you to stay ahead of the competition.
Advance in your career by sharing your Alison Certification with potential employers to show off your skills and capabilities.
By joining the Finance Foundations course by LinkedIn Learning, you will be getting a comprehensive overview of Finance from reading a Balance Sheet to understanding Derivatives and Securities. This course is mentored by Brigham Young University business professors Jim and Kay Stice.
List of Modules that you will learn in the investment banking free courses :
Introduction to the Essence of Finance
What Is Finance?
Finance inside of companies
Finance outside of companies
Chapter Quiz – 4 questions
Understanding Financial Statements
Introducing financial statements
Overview of financial statements
The balance sheet
The income statement
The statement of cash flows
Common ratios: Debt and current ratios
Common ratios of Return on sales, asset turnover, and ROE
Common ratios: Price-earnings ratio
Forecasting financial statements
Chapter Quiz – 14 questions
Short-Term Financial Management
The operating cycle
Cash management
Managing receivables and inventory
Obtaining short-term financing
Understanding internal controls
Chapter Quiz – 10 questions
Risk and Return: Introduction
What is a risk?
Why we don’t like risk
Reducing risk through diversification
Beta: The concept
Beta: Examples
Risk-free rate
Equity risk premium
Capital asset pricing model (CAPM)
Chapter Quiz – 10 questions
Obtaining Long Term Financing
Introducing long-term financing
Does capital structure matter?
Factors influencing optimal capital structure
Cost of capital of all debt or all equity financing
Cost of capital: Split debt-equity financing
The weighted average cost of capital
Chapter Quiz – 8 questions
Understanding Securities Markets
Introducing securities markets
Learn the differences between a stock and a bond
Stock markets
Bond markets
Publicly traded shares: What impacts the share price?
Initial public offering (IPO): Microsoft
Can you pick stocks in the stock market?
Chapter Quiz – 5 questions
Financial Institutions
Introducing financial institutions
Traditional banks
Investment banks
Investment funds: Index funds
Investment funds like Managed funds, private equity funds, and hedge funds
Insurance companies
Chapter Quiz – 5 questions
Capital Budgeting
Introducing capital budgeting
Capital budgeting overview
The time value of money
Example: Buying a car in Hong Kong
Chapter Quiz – 4 questions
Personal Financial Planning
Introducing personal financial planning
The secret to financial security
The importance of personal budgeting
Simple savings and investment plans
Chapter Quiz – 3 questions
Conclusion
Reviewing corporate finance
Why choose this course?
1 project file
9 chapter quizzes
Access on tablet and phone
Certificate of completion
Continuing Education Units available
Benefits of the Course:-
Beginner Level Course
The duration of the course is 2 Hours and 40 Minutes.
You can do the course for free along with other courses in your first free trial month.
Explore here the other in-demand courses for career development:
The course is available on YouTube and the lecturer is Professor Robert Shiller.
List of Modules that you will learn in the investment banking free courses :
Chapter 1. Key Elements of Investment Banking
Chapter 2. Principles and Culture of Investment Banking
Chapter 3. Regulation of Investment Banking
Chapter 4. Shadow Banking and the Repo Market
Chapter 5. ECON 252 to Wall Street
Chapter 6. Steps to Take to Work on Wall Street Today
Chapter 7. From Wall Street to Silicon Valley with Experiences at Facebook
Chapter 8. Fougner: Question and Answer Session
Why choose this course?
Professor Robert Shiller explains the concept of investment banking by comparing it to consulting, commercial banking, and also securities trading.
Professor Robert Shiller will also talk about some of the principles that John Whitehead, the former chairman of Goldman Sachs, has formulated.
The principles are the answer to the power that investment bankers have, and also their impact on society.
The regulations of the Government on these powerful investment banks have been a debatable issue for many years, especially so now since they played a significant role in the world financial crisis of the 2000s.
Benefits of the Course:-
The duration of the course is 1 Hour and 11 Minutes.
The course is free of cost.
The complete course materials are available at the Yale Online website: online.yale.edu
The medium of instruction is in English.
Looking for financial modeling courses? Here are the best ones for you:
Benefits you will get from the investment banking free courses:-
You will be learning from 3 times New York Times Best Selling Author and Hedge Fund Manager Phil Town.
FREE personalized online course.
List of Modules that you will learn:
Chapter 1 – How to start investing
Chapter 2 – What types of investments will give you maximum returns
Chapter 3 – How to invest for small funds like $20 to $5,000
Chapter 4 – How to invest money to grow your wealth
Chapter 5 – What to Invest in Stocks and What to Look for
Chapter 6 – How to evaluate a company by using financial metrics and investing calculators
Chapter 7 – How to buy stock and Where to purchase them
Chapter 8 – Investing Books that every investor should read
Why choose this course?
You can learn the foundation of investing in 5 easy-to-follow lessons
2 hours of interactive guides and videos
Simple exercises and quizzes to test your knowledge
You will get access to tools used by investing experts for faster and simpler research
7. Skill Share
Benefits of the Course that you will be getting from the investment banking free courses:-
You can get started for Free with the free trial
Get unlimited access to every class
Taught by industry leaders & working professionals
List of Modules that you will learn in the investment banking free courses:
Class Overview
Valuation Overview
Discounted Cash Flow Overview
Discounted Cash Flow in Detail
Discounted Cash Flow Common Questions
Leveraged Buyout Overview
LBO Detailed Steps
LBO and Circular Reference
LBO Common Questions
Paper LBO Framework
Paper LBO Practice Example
Relative Valuation Overview
How to Pick Comps and Precedents
Example of Multiples
Comparable Companies How does it work?
Precedent Transactions How does it work?
Relative Valuation Common Questions
Advantages and Disadvantages of Each Valuation
Ranking the Different Methodologies
Other Valuation Methodologies
Project
Why choose this course?
This course will give you strong basic concepts to answer all the basic valuation questions including the following examples:
Walk me through a DCF
What are the 5 ways for a private equity firm to boost its return in an LBO?
Our comps set gives us a 12x median for EV/EBITDA, and the company we are valuing has $100mm in EBITDA so what would be the implied valuation?
8. Wall Street Mojo
Wall Street Mojo provides beginner-friendly content and is one of the best destinations for finance, accounting, and investment-related information.
Benefits of the Course:-
You will get free access to the course by registering with your email id.
Beginner-friendly course with an introduction to Investment Banking, Ratio Analysis, Financial Modeling, and Valuation.
List of Modules that you will learn in the investment banking free courses:
Part 1 – Introduction
Part 2 – Investment Banking vs. Commercial Banking
What is an investment bank?
What is a commercial bank?
Investment banking vs. commercial banking.
Part 3 – Equity Research
What is equity research?
How does equity research make money?
What is a typical Equity Research job profile?
Clients of the equity research department
Part 4 – Asset Management Company
What is the Asset Management Company or AMC?
How does an asset management company work?
Part 5 – Buy Side vs. Sell Side
In this part 5 video tutorial on Buy-Side vs. Sell Side the following are discussed: –
What is the sell side?
What is the buy side?
Key differences between sell-side and buy-side
Part 6 – Sales and Trading
In this part 6 video tutorial on Sales and Trading, the following are discussed: –
What are sales and trading?
Sales function
Trading function
Part 7 – Raising Capital
How do companies raise capital?
Role of investment bankers in raising capital.
What is an Initial Public Offer
(IPO) and Follow-on Public Offering or FPO?
What are private placements?
Part 8 – Underwriters
In this 8th part on Underwriters, the following are discussed:-
What is Underwriting
Role of Investment Bankers in Underwriting IPOs
Part 9 – Market Making
In this part 9 on market-making by investment banks, the following are discussed: –
Market making
Role of investment bankers in market-making activities
Part 10 – Mergers and Acquisitions
In this part 10 video tutorial on Mergers and Acquisitions, the following is discussed –
What are Mergers and Acquisitions or M&A?
How do investment bankers help in M&As?
Due diligence for M&A.
Investment Banking PitchBook
Part 11 – Restructuring and Reorganization
In this part 11 video tutorial on Restructuring and Reorganization, the discussions are on the following topics:-
What is restructuring?
What is reorganization?
Investment Banker’s Role in Restructuring and Reorganization
Part 12 – Roles, Positions, and Hierarchy
This part 12 video on Investment Banking Roles, positions, and responsibilities discusses the following:
Analyst
Associate
Vice President
Managing Director
Part 13 – Front Office vs. Back Office vs. Middle Office
In this part 13, the following are discussed –
What is a front office?
What is a back office?
What is a Middle office?
Front office vs. Middle Office vs. Back Office
Part 14 – Conclusion
FAQs
❖ How to start a career in Investment Banking with investment banking free courses?
There needs to be more than just doing investment banking free courses and getting certified to start a career in Investment Banking. Doing Internships will help you get ahead in your career if you are just starting out. Enrolling in an Analyst Course will help you to further succeed in your career as an investment banker.
❖ Is Investment Banking a high-paying job?
The average salary of an Investment Banker is around 12 to 15 Lakhs per annum according to a LinkedIn survey.
❖ What are the eligibility criteria to become an Investment Banker?
The eligibility criteria to become an Investment Banker are as follows-
A master’s degree in financial mathematics or a degree from a law college is desirable.
The grades obtained by a candidate in their master’s or bachelor’s degree are also taken into account.
The candidate must have also received at least 55% aggregate marks in the qualifying examination.
Conclusion
So after going through all the details about investment banking free courses a question that may arise in your mind is whether investment banking is worth it or not. Though the field has its own complexities, at the same time one can build a career and be a successful Investment Banker. The most important thing required is a passion for finance and the ability to work hard learn from experience and improve with time. Additionally, the investment bank jobs and salaries are on par with the industry and as a result, the one joining would be emotionally and financially satisfied with this career.
