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Reservation on the basis of economic condition: problems and solutions

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Dr Ambedkar wrote  ‘Men love property more than liberty’, this truth can be tested in ‘reservation policy’. After the independence, reservation on the basis of caste has provided for SCs and STs, was a noble initiative for the upliftment of the lower communities people. The demand for reservation can be traced to the Kelkar commission. It was the first commission for backward class, set up in January 1953 for investigating the condition of socially and educationally backward classes. Kelkar commission submitted the report in 1955 and suggested to include more than 2000 castes as socially and educationally backward classes. Kaka Kalelkar considered multiple factors while classifying backward classes, like traditional occupation, an educational percentage of communities, population of communities. But Kaka Kelkar had a second thought about caste based reservation. He had written a letter to the president and said that caste based reservation would not be in the country’s interest. The government was not satisfied with the criteria for determining backward classes under article 15 (4).

On 1 January 1979 by the Janata Party government under Prime Minister Morarji Desai, the Mandal Commission, or the Socially and Educationally Backward Classes Commission (SEBC), was established with a mandate to “identify the socially or educationally backward classes” of India. The Mandal commission submitted its report in 1980 and the Commission’s report recommended that members of Other Backward Classes (OBC) be granted reservations to 27% of jobs under the Central government and public sector undertakings, thus making the total number of reservations for SC, ST and OBC to 49% and extra 10% for other economically backward section of people who are not covered by any existing reservation. On Aug 1993, the government issued office of a memorandum(OM) and implemented reservation for OBC. Students stated protest against OM, and petitions were filed challenging against OM. In 1991, the PV Narasimha government came into power and modified earlier OM with providing 10% reservation for other economically backward classes.

The Apex court struck down the reservation to other backward class in landmark judgement of ‘INDRA SAWHNEY CASE’. According to that judgement, “…. in order to constitute a backward class, the caste concerned must be socially backward and its educational and economic backwardness must be on account of its social backwardness. The economic criterion by itself, cannot identify a class as backward unless the economic backwardness of the class is on account of its social backwardness”.  Supreme court reannounced the principle “special provision should be less than 50%” which was declared in M R BALAJI AND OTHER vs STATE OF MYSORE (1962). Supreme court declared the ‘creamy layer’ concept applicable for OBC.

Ground of Constitution Equality

Now, Government of India came with a constitutional amendment for upto 10% reservation to economically backward persons who are not covered in any reservation policy. In 103th constitutional amendment, Article 15 (6) is added to provide reservations to economically weaker sections for admission to educational institutions including private educational institutions, whether aided or unaided by the State, other than the minority educational institutions referred to in clause (1) of Article 30, and, Article 16 (6) is added to provide reservations to people from economically weaker sections in government posts.

Challenge to Constitutional Equality

In the light of ‘Indra Sawhney’ judgment, people, think that it will be repealed by the Supreme Court. Some eminent scholar told that this amendment is a violation of the ‘basic structure’ principle which was laid down in the famous ‘Kesavananda Bharati’ caseThe idea of basic structure came from the German constitution, and, in ‘Sajjan Singh’ case (1965), justice M Hidayatullah and justice J R Mudholkar suggested the first time. The court did not define the basic structure but listed a few principles, i.e. right to equality, federalism, democracy, secularism – as being part of the basic structure. Article 15 (4), is related to special provision for socially and educationally backwards or for the Scheduled Castes and the Scheduled Tribes, was not the part of the original constitution. It was inserted by 1st constitutional amendment for reversal of supreme court judgment inState of Madras v. Champakam Dorairajan’ case (1951). So, a recent amendment for reservation for the economically backward class may safe because it is on the basis of simple procedure of constitutional amendment under article 368 (2), which says, an amendment of this Constitution may be initiated only by the introduction of a Bill for the purpose in either House of Parliament, and when the Bill is passed in each House by a majority of the total membership of that House present and voting.

In the past, state governments had passed several orders to give reservation on the basis economic ground but all the government order struck down by courts on the basis of supreme court’s ruling in ‘Indra Sawhney’ case. But we should not miss understood past judgement because state governments did not support by any constitutional ground. Now, the central government has provided a constitutional path, and in the democratic system, parliament has the power to overrule the judgement by the procedure laid down in the constitution. The ceiling of 50% reservation in ‘Indra Sawhney’case is not a part of the basic structure.

New Reservation: Moral duty or Pandora box?

After independence, the position of lower castes in the social ladder was not good. They were treated as an untouchable. So, on the moral ground, the government had provided reservation for the upliftment of lower castes. But, after 75 years, the reservation has created the gap between lower caste in itself; High economic class and lower economic class and higher economic class in SCs and STs defend a reservation for maintaining the status quo. The same scenario is in socially and economically backward class also like Maratha, Jats, gurjars etc. is demanding reservation despite high living standard. Reservation policy is a Pandora box in itself and the government must review this policy.

New reservation on the basis of economic background is based on moral duties which is implicitly part of the constitution. Every person has right ‘not face any inequality on the base of any ground’ and, the directive principle of state policy (DPSP) is a moral obligation on the state to secure a social order for the promotion of the welfare of the people. Reservation on the basis of economic background may pave the way for a casteless society which was initially purpose of Dr Ambedkar’s reservation system.

 

 

 

Akshat Dwivedi

IAS Faculty Member, Career Launcher

Extended Reality & Immersive Learning Environments

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Extended Reality & Immersive Learning
Extended Reality & Immersive Learning
 

XR or Extended Reality refers to technology-mediated experiences that combine digital and biological realities. Technology that supports the creation of XR includes a wide range of hardware and software including sensory interfaces, applications, and infrastructures. These enable content creation for virtual reality (VR), mixed reality (MR), augmented reality (AR), cinematic reality (CR), 360-degree video, etc.

Does this sound too complicated to you?

It probably does.

So here we are, breaking it down, so you comprehend it better:

XR in simple terms:

Extended Reality, or XR, is a relatively new development in most circles. It is an umbrella term given to all computer-generated environments that-

  • Merge the physical and virtual worlds
  • Create an entirely immersive experience for the user

The use of XR is often seen today in education with the elevation of traditional classroom learning to a more tech-driven learning environment for more immersive learning. Most common examples are smart classrooms with digital whiteboards. They facilitate a visual approach to learning, making it comprehensive and interesting for the learner. 

XR tools and what it does:

Some XR tools are Virtual Reality, Mixed Reality, Augmented Reality, and Cinematic Reality. With these tools, new forms of reality are generated by bringing digital objects into the physical world and/or bringing physical world objects into the digital world. From the context of education, XR technologies have potential applications in all sectors of education and training. It is relevant from early schooling to higher education, workforce development, lifelong learning, and so on and so forth.

The Benefits of XR in Immersive Learning:

The biggest advantage of XR lies in its ability to create environments and experiences that excite, inspire, and engage learners in immersive ways. Extended reality helps educational bodies like schools and coaching institutes significantly increase the engagement of its audience. In this case, it is the students and the efficiency with which students absorb everything that they’re being taught vastly improves. Mentioned below are the two biggest advantages of XR-enabled Immersive Learning for students:

  • Mirrors real-life situations: By providing environments that closely mimic real-life situations, students reach greater levels of expertise in less time. Learning is made much more effective through visualization.
  • Increases engagement:  Engaged students are interested students; Interested students have better knowledge retention.

 How Career Launcher fits in:

Career Launcher, an edu-corp of over 20 years’ experience takes great pride in its evolution over the years as a company that stands for both education and innovation. Education through technology is at the core of everything we stand for. Through our LIVE online sessions, we facilitate the idea of immersive learning by making learning more flexible. With Aspiration.AI, our student’s platform, we make the latest developments in the education and job sector more accessible to our students. Likewise, with our programs on Machine Learning, we strive to inculcate in our students the knowledge of tomorrow through its tech-focused curriculum.

NTA Releases Practise JEE Mock Tests

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JEE Main 2019 Mock Tests
JEE Main 2019 Mock Tests
 
The National Testing Agency (NTA), is conducting the second window of the JEE Mains entrance examinations from 7th April till 12th April 2019. It has announced that it is helping the JEE Main April 2019 aspirants by providing practise JEE Main Mock Tests. These tests are question papers of previous years so that the candidates-
(i) Understand the methodology of Computer-Based Tests (CBTs), being followed by NTA  for JEE Main
(ii) Practice on some old JEE Main Question Papers and get to know the score achieved through them.
The practise JEE Mock Tests is available at http://14.139.116.16:90/Quiz. The test can be performed online. Candidates can also download the test and practise it offline at home or anywhere. The practise JEE mock tests uploaded include the actual JEE Main papers of the first window which was conducted in January 2019.
In order to help limited candidates who do not have access to PC/Laptop/smartphones/internet at home, NTA has established more than 4000 Test Practice Centres (TPCs) across India, wherein candidates can register & NTA shall deploy them to a TPC, wherein she/he can solve the practise JEE mock tests for three hours a shift, without any charges.  Usually, one shift is conducted on Saturdays and two shifts are conducted on Sundays. Therefore, such candidates, if interested are invited to go to the link- www.ntatpcsr.in and fill in their information, so that NTA can assign one of the TPC at a location convenient to the candidate.
We wish you the best of luck, for the forthcoming JEE Main Test. Please write to us in the comments below if you have any queries or feedback!

Top 3 Reasons why Businesses need Digital Marketers in India.

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Consider this. You most probably have a smart phone of your own, and if you do, there is a 99% chance that you have access to internet. Now think of the insane amount of time you spend surfing the internet, whether it is to carry out a very basic task like responding to messages over whatsapp, or shopping for things online, or simply to look for potential matches on tinder (We’ve all been there). The fact that so many people are connected to the internet makes digital marketing an effective tool for marketing. Almost every business today wants to market their products and services online to increase their reach. It is Digital Marketers who can accomplish this goal, and hence, businesses today need Digital Marketers.

So here we are, listing the Top 3 Reasons why Businesses today need Digital Marketers so desperately in the first place.

 

1. Traditional marketing is dying, Digital Marketing is taking over:

Traditional marketing has previously been confined to door to door and mouth to mouth publicity in the past. Marketers used physical manpower to promote their products, but this is changing to its very DNA in the recent years.

Customers today are impatient. They just don’t have the time. People want quality services, and they want it instantly. To fulfill the needs of the customers is the single biggest priority of any business which hopes to be profitable. Whether you want a quilt, or a toothbrush, groceries, or new clothes, you can find everything online. This has resulted in a boost in online marketing.

Gone are the days of marketing through print media or banners and here are the days of online marketing. This trend is here to stay for as long as there is internet, there is online marketing, and as long as there is online marketing, there is a need for Digital Marketers.

 

2. Digital Marketing is monetarily feasible and reaches a wider audience:

Startups are beginning to make their presence felt by launching their business through online channels because the need to physically go into the market and promote your brand, your product, or your service, has been eliminated thanks to digital marketing. Moreover, with digital marketing, a brand is able to connect with its audience by engaging with them.

Thus, it comes as no surprise that businesses, both big and small, prefer digital marketing over other forms of marketing. Not only is digital marketing monetarily feasible, but it also reaches a wider audience as compared to other forms of marketing. This means that digital marketers are sought after by businesses, be it a startup, or an established company. Everyone needs digital marketing professionals!

 

3. Global markets can be easily reached through Digital Marketing:

In today’s world, you cannot think of going global without going digital first. It is as simple as that. You can now reach anyone in any part of the world through digital platforms like social media, be it Facebook, or Instagram, or Linked-In. Social media has made approaching and connecting with anyone globally an effortless affair. You can now reach anyone at the click of a button.

People doing business in India are not restricted to doing business in India only. For many people, whose target audience is USA or other foreign countries, digital marketing is the one tool that has emerged as the winner in not creating brand awareness, but for building potential clientele as well. Thus, it is safe to say that the need for Digital Marketers persists, and it is stronger now than it has ever been before.

 

Conclusion:

There we go with our Top 3 reasons why Businesses need Digital Marketers in India. To generate profits, Digital Marketers are in demand. It is the responsibility of the Digital Marketer to generate profits through audience engagement. The higher the engagement rates, the higher the success of a business, and the higher the profit generation. Bottom Line? Businesses need Digital Marketers.

 

To join a Digital Marketing Course, click here.

To read the advantages of Digital Marketing as a career, click here.

 

Top 7 Advantages of pursuing a Digital Marketing Career in 2019

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Digital Marketing is a profession of the 21st Century that has made a big bang entry into the big bad world of marketing in the recent years. With the dawn of the internet age and the shift of marketing to online modes, digital marketing has emerged as a champion of online marketing in the modern era. It has become a highly trending and sought after career, with the demand for Digital Marketers drastically increasing by the day. So here we are, presenting all the possible advantages of a career in digital marketing in 2019:

Career Options in Digital Marketing is unlimited:

What’s absolutely fascinating about a Digital Marketing Career is that it does not confine you to a single job profile. Within Digital Marketing itself, there are many specialized and varied roles. You can be a digital marketer who specializes in e-mail marketing, or one who specializes in Facebook marketing, or simply someone whose specialty lies in Google ad-words, and so on, and so forth. You get the jest, don’t you?

What we are trying to say here is that the scope in Digital Marketing is endless and you can cherry pick the ideal role for you. For instance, if you are someone whose life revolves around social media, then you can pick Facebook Marketing or Instagram Marketing.

Digital Marketing is for everyone:

There are many professions in this world that is dictated by the stream you choose in 11th grade. For instance, someone who chooses arts is likely to end up diving into the world of academia. Same goes for commerce students who are more likely to do their BBA or B-Com and get into the business and marketing line. Similarly, you have to have taken science in 11th and 12th if you are interested in pursuing a career as a medical specialist or an architect. What this does is, it limits the career choice of a student who may end up following their chosen stream.

But what is special about a Digital Marketing Career is that it is for everyone. Anyone and everyone can pick a career in digital marketing. You don’t have to fulfill certain set of criteria or obligations to be a digital marketer. Any graduate, be it an engineering graduate, or a B.Com graduate, can pick this as a career by doing Certifications in Digital Marketing.

Great career scope in Digital Marketing:

Career Scope is a great determinant when it comes to deciding which career to choose. You most certainly do not want to end up in a career that has no scope or something that will become obsolete or redundant over time. This is where Digital Marketing comes in handy as a profession that is here to stay. The internet revolution and shifting of marketing and businesses to an online space is something that will not change. Gone are the days of door to door marketing. Online or internet marketing is here to stay, and it is here to stay for a long time. So if you want to get into a career that will live on, then Digital Marketing is the career for you

Work flexibility in Digital Marketing:

Digital Marketing is the one profession that is attracting a number of fan-following due to the kind of opportunities that come with it. Due to the online nature of this profession, it is a job that can be done from anywhere, anytime. Unlike other professions like Doctors, Lawyers, and Journalists, the profession does not demand that you show up to work and are physically present all the time

Many Freelancing Opportunities in Digital Marketing:

There are many freelancing opportunities in Digital Marketing. You can be an at-home mother, or a college going student, someone looking for work, or someone who is looking for a change in career; the beauty of digital marketing lies in its accessibility as a career that anyone and everyone can pursue irrespective of their educational or career background

Satisfactory compensation for Freshers in Digital Marketing:

Consider this. You probably took up a certification online. The certification provider may or may not assist you in finding jobs post the completion of your digital marketing certification. It doesn’t matter. Digital Marketing stands a ground of its own as even a fresher in this field is satisfactorily compensated

Pursuing Digital Marketing is Cost Effective:

Surprisingly, a professional course like Digital Marketing is cost effective when it comes to the cost of pursuing a Digital Marketing Career, irrespective of where you pursue the course from. Unlike other professional courses like MBA, or law, a course in digital marketing is not only cheaper, but it is also quicker. An average certification in digital marketing will not be over 6 months. This means that you are ready to start your career within 6 months of completing your course in digital marketing.

Conclusion: 

We believe that Digital Marketing makes its mark as a vibrant career that is both fun and rewarding. We encourage you to check out our Certifications in Digital Marketing to advance your career in this marketing career.

Will MBA still add value to your CV after 2020?

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Guest Post by Gagandeep Kundi

With the increasingly high costs of higher education, coupled with an almost proportionally increasing dissatisfaction with its value and real-life applications, many aspiring professionals start to wonder if it’s even worth going to university anymore.

Being one of the more demanding educational paths, both in terms of time and efforts, MBAs are naturally suffering from this bad reputation as well.

Aspiring business professionals are starting to ask themselves if MBAs still hold the same promise for future success in the business world or if their authority is starting to lose some of its weight in a rapidly changing business landscape.

The Stats

According to the B-School Alumni Employment Report, Alumni Perspectives Survey 2018 report by the Graduate Management Admission Council (GMAC), more often than not, MBA can still set you up for great success in the business world.

Most of the business school alumni who participated in the authoritative survey are happy with their choice to pursue graduate management education. They believe it accelerated their careers in comparison to peers who chose otherwise. Even if that may be more of a belief than a fact, although it’s coming from people who almost solely believe in facts, the actual, hard stats support it as well.

“The median base salary among alumni is US$115,000, with variation by job level and location,” the report states.

Even after you account for the generally higher living costs in the U.S. compared to other countries, the difference between the salaries of U.S. business professionals and the rest is still pronounced.

“The median salary of b-school alumni working at mid-level positions in the US is US$105,000 compared with US$85,000 in Canada, US$75,000 in Europe, and US$55,000 in Asia-Pacific. At the executive level, b-school alumni working in the US earn US$185,000 compared with US$135,000 in Canada, US$145,000 in Europe, and US$130,000 in Asia-Pacific,” the survey finds.
The report also reflects the burgeoning appeal of online MBA, with 26% of participants choosing either a blended approach or a strictly remote learning experience.

Entrepreneurship and Start-Ups

Entrepreneurships and start-ups have become buzzwords lately, and it seems as MBAs are closely adjusting to these disruptive business models accordingly.

While 10% of the participants in the Alumni Perspectives Alumni Survey 2018 Report were entrepreneurs, only a year later, another study of 1,000 worldwide MBA applicants finds that 20% of them want to take up MBA in order to start their own business.

So, with such positive stats, where is the doubt in MBA stem from?

Value-Added Ratio

The value-added ratio is a term, traced back to writer James Fallows and his critical article of MBA called The Case Against Credentialism which appeared in The Atlantic in the distant 1985.

Value-added ratio is much simpler than it sounds. It’s basically how much an MBA degree contributes to a graduate’s salary, compared to how much it cost the graduate to obtain.

Fallow’s criticism stems from the fact that the value-added ratio of MBAs had fallen significantly over the years before he wrote his piece in 1985. What’s worse is that since then, it has fallen even more, almost plummeted.

For instance, the ratio of Harvard Business School, a symbol of excellence and consistency, is now 1.8-1.9, going from 4 to 1 in 1985, and 7 to 1 in 1969. And this is far from a one-off case.

Costs of MBAs

On the one hand, this is because while the average salaries of MBA graduates may be gradually increasing overall, so are the costs of MBAs, but at more rapid rates.

For example, even though the average starting salary of Dartmouth Tuck’s 2017 MBA graduates was $127, 986, going from $43,000 in 1985 – a 198% jump, the tuition fees have gone up by the staggering 526% in the same time period – from $11,000 to $68, 910. And that’s not even including “program fees.”

Competition and Supply and Demand

On the other hand, competition in the business world is much fiercer than it ever was, driving supply way up while bringing demand relatively down.

In 1985, there were roughly 67,000 MBA graduate annually worldwide. Now, only the U.S. is responsible for over 200,000 business graduates. Even when you account for inflation and progress, the pie today isn’t anywhere near big enough to make up for that huge rise in demand.

Scholarships

That being said, it’s also worth mentioning that many business schools put a strong emphasis on generous scholarships – a variable that definitely improves the value-added ratio.

Harvard Business School spends over $36 million a year on fellowships for MBA students, with nearly half of every class getting some kind of awards. When you take this into account, its value-added ratio jumps to 3.7, which is much closer to its glory days.

Will MBA Still Add Value to Your CV After 2020?

In short, yes, even though this is not a question for short answers.

Even more so than with other higher education, the answer depends on the individual’s goals and current position. Even though everyone strives to earn more, aspiring business professionals vary tremendously, but luckily, so do MBAs.

Taking a path as costly and arduous as MBA isn’t worth it if the graduate isn’t planning to truly make the most of the final destination. For those that do plan to stick around at the top of the business world, investing in a quality MBA seems to be a secure investment, with 93% of alumni willing to do an MBA all over again if they had to.

Author profile:

Gagandeep Kundi has been writing education related blogs since 2015 and is currently in the final year of his Master’s degree from the Poznań University of Economics and Business.

TOEFL and IELTS: What is the difference?

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In order to study abroad in an English-speaking country for higher studies, one has to submit IELTS or TOEFL score. Both exams include the assessment of reading, writing, speaking and listening skills. However, the difference between IELTS and TOEFL is; the scoring pattern, the format, and more. This article is written in attempt to lay down the differences and help decide the right test is for you.
Bringing to stage TOEFL vs IELTS, because of the differences, one must understand both the exams well before making a decision.

What is IELTS?
IELTS stands for International English Language Testing System. There are two formats for the test; they are “IELTS Academic,” and “IELTS General Training.” While “IELTS Academic” is for individuals aiming for a higher education level abroad, ‘IELTS General Training’ concentrates on social skills and workplace contexts. IELTS academic is what we shall be focused on in this article.

IELTS is an English proficiency test to assess a person’s writing, reading, listening and speaking proficiency in British English (but not limited). The exam runs for 2 hours and 45 minutes to complete, including break intervals. It is accepted by over 9,000 institutions in the Common Wealth Countries, United Kingdom and Australia.

What is TOEFL?
TOEFL stands for Test of English as a Foreign Language. TOEFL is an English proficiency test by ETS to assess a person’s writing, reading, listening and speaking proficiency in American English. The exam has time frame of 4 hours to complete.

More than 900 universities in over 130 countries require TOEFL for the consideration of admissions. TOEFL exam can be taken both online and offline mode. The offline mode is called TOEFL PBT and the online based is called TOEFL IBT. Between the two, the online mode is more preferred. The exam registration is done at designated centers. TOEFL is accepted in UK, US, Australia. However, most American institutions accept TOEFL scores instead of IELTS scores.

IELTS vs TOEFL
• Both IELTS and TOEFL consist of four sections-
o These sections are designed to assess the speaking, listening, writing and reading ability of the exam-taker.
• While IELTS have a combination of short answers and questions on essay, TOEFL offers only MCQs (multiple choice questions).
• IELTS is held at test centers which can be found on the official website, whereas TOEFL is held over 50 times a year in both online or offline mode.
• The charges for both the exams vary from USD 200-300 depending on the locations.
• TOEFL exam can be taken via paper-based or internet-based; IELTS is limited to paper-based alone.
• TOEFL exam lasts for 4 hours; IELTS lasts for 2 hours and 45 minutes.

Now that you know the basic differences that define the two tests individually, the decision rests upon you. The exam that best suits your comfort zone/needs is always the right way to go. Good luck with TOEFL/IELTS!

FRM: Gateway to A Global Career in Finance

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If you aspire for a lucrative career in finance, then getting certified in FRM (Financial Risk Management) is the best decision you can possibly take.
FRM is a financial certification course offered by the Global Association of Risk Professionals (GARP) that has been setting global standards for 20 years now in risk management. The curriculum imparts knowledge on risk-analysis, evaluation, and mitigation; and challenges candidates to apply a range of skills necessary to function effectively as a risk manager.
In other words, an FRM certification reflects an in-depth understanding of risk management — particular in controlling, analyzing, or evaluating potential credit risk, liquidity risk, market risk, and non-market related financial risks — which top organizations actively seek to prosper in today’s dynamic financial landscape.
As per a recent report on Indeed, for risk managers, there are currently 12,000+ jobs in India and 1,48,000+ vacancies in the USA. The top employers of risk managers are:

  • Investment Banks
  • Commercial Banks
  • Central Banks
  • Asset Management Companies
  • Insurance Companies
  • Credit Rating Companies
  • Government and Regulatory Agencies
  • Consulting Firms
  • Hedge Funds
  • Professional Service Firms

So, with an FRM certification, you stand the chance of working in some of the top firms in the world, such as Goldman Sachs, UBS, Deutsche Bank, JP Morgan & Chase, Ernst & Young (EY), PricewaterhouseCoopers (PwC), KPMG, Credit Suisse, etc.

FRM charter holders also command high salary packages, as well as attractive financial incentives. Given below are the average salaries of risk managers employed in India and the USA:

Salary Packages in India

Firm Average Salary (INR)
American Express 23 lpa
ICICI 11.9 lpa
Wipro 28.4 lpa
JP Morgan 24.7 lpa
Citi Bank 10.6 lpa
Standard Chartered 12.6 lpa
Ernst & Young 16 lpa

Source: Glassdoor

Salary Packages in the USA

Firm Average Annual Salary ($)
Bloomberg 1,68,069
HSBC 1,36,093
Selby 1,34,045
Deloitte 1,31,033
PwC 1,28,674
PayPal 1,03,061
JP Morgan 1,02,134

Source: Indeed

To conclude, in this era of cut-throat competition and consistent value addition forcorporate survival, a certification like FRM can help you stay ahead of the competition.

At Career Launcher, we offer an FRM Level 1 preparation program, the details of which you can find here.

 

IELTS or TOEFL: Which is easier?

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The very infamous question, ‘which is easier; IELTS or TOEFL’ is a wonder we marvel at. This article here is written in attempt to help make the exam decision easier. Maybe IELTS is easier, maybe TOEFL is easier, maybe. Let’s break down further what the exams are about, so we can view it under a better light.

TOEFL (Test of English as a Foreign Language) is an English proficiency exam taken to evaluate an individual’s ability to use and understand English language. It is accepted almost all over the world. IELTS (International English Language Testing System), on the other hand, is accepted majorly in the Common Wealth Countries, United Kingdom, and Australia.

TOEFL vs IELTS
When it comes to comparing the two, both exams have a meeting point and diverting point.
The meeting points are:

• Syllabus section: Both TOEFL and IELTS consist of four sections. They are reading, listening, speaking and writing.
• Grammar pattern: The measurement of grammar in these two exams is taken as a whole. There are no separated sections to test the grammar.

The diverging points are:

• Accent: With TOEFL exam, one will find four different regional accents. Although you may find more accents, with IELTS, most of the time it’s one accent, i.e., British accent.
• Exam mode: Some countries have made it online, but IELTS continues to be a paper-based test in most countries.

Paper/Test Pattern

IELTS paper pattern
The exam is paper-based, and runs for 2 hours 45 minutes. It covers MCQs and other ranges of patterns to test the overall English rhythm. IELTS accepts US and UK spelling. Because there are intervals between sections, one can take break in-between sections. The speaking interview is done face-to-face with the examiner. During the listening section, one can give instant replies in an interaction manner.

TOEFL paper pattern
TOEFL allows US spelling alone, and gives only MCQS (excluding writing section). It runs for 4 hours. In the listening section, one can answer only in the end. Given its computer based mode, during the speaking section, the answers are recorded. The recorded answers are then examined by an examiner afterwards.

TOELF/IELTS Acceptance
While IELTS and TOELF are both accepted by thousands of institutions all over the globe, there are some renowned universities that do not accept IELTS. These universities are:
• Stanford University
• Princeton University
• California Institute of Technology
• Harvard University
• Georgia Institute of Technology

Now that you’re aware about the mechanism of the exams, the answer to the question of whether IELTS or TOEFL is an easier exam rests on you. Decide based on the factors that most suits your comfort zone. Take into the consideration, the spellings, the exam hours, the questions patterns, etc. Once you have clarity of which exam will work in your best interest, it will become easier to choose. Nonetheless, both exams are mediums to test your English language proficiency. Whichever you pick, we wish you the best of luck and love!

TOEFL Preparation Tips

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The right approach to writing exams like TOEFL is through smart tips and tricks. The tips shared here today are written in attempt to help you feel ready and confident on the test day. Here are some key preparation tips that will help in your preparation:

TOEFL Format:
Basics are always the foundation. It is very important to know the pattern of the exam before jumping in. Be familiar with the questions, the section divisions, the scoring system, timing, etc. This way, one can be familiar with what to expect on the main exam.

TOEFL Study Plan:
Start the preparation with a time table. Divide your strengths and weaknesses. Once you’re clear on the areas where you’re weak, focus on improving it. This ensures the brushing of your weakness and gives you a higher chance of good scores on the main test.
If content is your weakness, you need to work on vocabulary words and grammar patterns. If strategy is your weakness, you need to work on improving pace and effective listening. These are just few examples among many. Weaknesses are what lead us to our downfall. Hence, focus on it till you’re no longer struggling with it.

Score Goal:
Setting a score goal is a very good practice. The schools accepting TOEFL scores have certain minimum marks requirement. Thus, setting a score goal for yourself will ensure that you meet the required marks.

TOEFL Preparation Material:
Make sure you use high quality TOEFL materials to have effective preparation. Always go with the official resources for study time. Some of the official resources provided by ETS are TOEFL iBT Sample Questions, TOEFL iBT Interactive Sampler, TOEFL iBT Quick Prep, etc.
There are ample of materials which are non-official such as Official TOEFL iBT Tests Volumes 1 and 2. These books are also a good source to prepare for the exam. Regardless of the resource you decide to choose, make sure the resource you use has the right quality to help you the most.

Choose an Early Test Date:
Choose a date that will give you enough time to prepare. The benefit of picking an early date is that your TOEFL scores will reach in time for school admissions. TOEFL results are automatically sent to the picked school during the registration process after 13 days or more, depending on the location. Sometimes it even takes up to a month, hence; choose an early date to have enough time for preparation for the results to reach on time as well.
Polishing Vocabulary:
TOEFL is a test medium where one’s academic English ability is tested; therefore, a high range of English vocabulary is crucial to perform well. To do well in TOEFL, you need to have a high range of English academic vocabulary. Having a garden of strong vocabulary is a massive bonus. It helps you understand better, express better and effectively deliver your speech.

Having a strong understanding of the exam and how it’s conducted covers half the struggle. The rest is studying religiously with a consistent pace. TOEFL isn’t just about the English language; it is more than that. Hence, spend enough time to cover all that there is to cover by studying with quality materials.
Good luck for TOEFL 2019!

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