July 8th, 2010
Career is gaining the prime focus in recent days; as the cut throat competitive world had set parameters for almost everyone in every field. This cut throat competition has made the world realize the difference between career and job. Since childhood students are trained to acquire a career in different fields. Almost every child is asked for his ambition at some point of time. As per the famous saying it’s always better to be safe than sorry, thus being prepared is always regarded as the best option. According to the survey approximately 73 percent of the students acquiring higher education opt for career oriented education. The ratio is increasing with passing time.
Many programs do offer career oriented courses. These courses include internships and trainee job positions, etc. The word professionalism has acquired its due importance in recent years and many institutions offer professional courses like Computers, Publishing, Athletics, and Foreign language to professional electives like Advanced Placement (AP) or International Baccalaureate (IB) courses. With the increasing craze for career oriented education higher education has acquired great importance. The education has changed its format from stable, bookish and serious to flexible pertinent and quickly adaptable.
Career oriented programs more or less focus on practical knowledge thus securing place for concepts like management, advertising etc… This practical education makes it easier for the youth to enter the industry with a relevant knowledge and background of the job they are applying for. The faculty included for such programs are mostly the renowned and well established experts from the field who not only provide the education but spice them with their own experiences that enables the students to not only understand the concept but also be prepared for the possible situations, ups and downs in the field they aim to be in near future. It also helps them for planning and organizing their future career plans.
It is seen in recent times the requirement for career oriented individuals is rising and so are the institutes offering such type of programs. These programs brings out the best in the students at the college levels itself in order to make them ready for the industry to be capable of facing all the challenges surrounding the job.
Career oriented education is thought as a progressive concept. It is evolving with the time and gaining its due importance. Though career oriented education shapes the personality of the individual and makes him proficient and responsible to pursue a particular career, it is up to individual to plan his career, and be focused on his career plans to acquire success in terms of salary hike, increment and appraisal.
Tags: career, child, courses, education, programs
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June 30th, 2010
An actuary is a professional who is an expert at assessing the risk & uncertainties involved with financial security & minimize losses in the most analytical way. This profession was more or less behind the scenes and gauged very little attention of the students. Actuaries mathematically evaluate the probability of events and compute the contingent outcome which is helpful to take measures to minimize their financial impact when they occur. It requires analytical skills, business knowledge and understanding of human behavior and the vagaries of information systems to design and manage programs that control risk.
Actuaries have strong computer skills and be able to expand and use spreadsheets and databases, as well as standard statistical analysis software. Person with knowledge of programming languages, such as Visual Basic for Applications, SAS, or SQL, is also valuable. Companies also increasingly desire well-formed individuals who not only has well-built practical background, but also possess some training in business and seizes strong communication skills. Good interpersonal skills also are important, particularly for consulting actuaries.
An actuary must possess certain knowledge as well as skills
Knowledge requirement
- Mathematics: understanding of algebra, geometry, calculus, arithmetic, statistics & their application.
- Verbal communication: understanding the content & configuration of “English language “is a necessity, plus grammar skills, spelling of words is also a must.
- Economics & accounting: understanding of economics& accounting ethics & practices, the financial markets, banking and the analysis and coverage of financial data.
- Administration & management: understanding of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and co-ordination of people and resources.
- Law & government: data & facts of law, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.
- Sales& marketing: understanding the principles & methods of showing product, promoting selling techniques. These also consist of product demonstration& marketing strategy & plans.
Skill requirement
- Must be clear with mathematical principles & its application
- Understanding the statistical reports & drawing apt conclusions from it
- Must have considerable knowledge of accounting ethics & practices & fully acquainted with economic & banking policies
- Must be an apt at showcasing, promoting & selling techniques & drawing marketing plans.
- Must have decision making skills considering the relative costs and benefits of potential actions to choose the most appropriate one.
- Must give full attention to what other people are saying, asking question as appropriate.
- Should be good at understanding written sentences and paragraphs in work related documents.Coordinating with others during work.Supervising one’s own time & others timing too.
An actuary has a wide future scope. Employment in this field is expected to cultivate much faster than any other occupation. Competition will be high and soon the number of candidates is expected to increase. Actuaries are supposed to increase by 20 % over the 2008—18 periods, which is much faster than any other occupation.
Tags: Actuary, knowledge, profession, skills
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June 6th, 2010
Scholarships are dreamed by all but achieved by very few. There are certain criteria, rules and regulation while acquiring for scholarships. Sometimes in search of appropriate candidate millions of scholarship dollars go unused. Thus winning a scholarship is not that easy, there are various conceptions and misconceptions involved in the process. The most known question asked by many students whether the scholarship is merit based or need based. Sometimes students hold merit but don’t require financial aid to avail, while some really require it to prove their potential. However scholarships should be both merit and need based and the candidate should exhibit both qualities in order to acquire scholarship.
Begin at the earliest: Start as earliest as possible. Start searching for scholarships through various possible Medias like newspapers magazine or internet. Check out with the all the possibilities. Try to find information about the organization, the deadline date so that you are late to apply. Also make sure of the eligibly criteria in order to save your time and energy. Applying for a local scholarship program is the most convenient and appropriate idea as such programs minimizes the competition and raises the chances of acquiring the scholarship. Beware of the scams where you are asked to pay for the acquiring scholarships.
Keep all the options open: Never depend on one particular scholarship organization, always keep other options open too.
Confidence: Confidence is yet another most important element while applying for scholarships. While you are asked to explain why you deserve the scholarship either via letter, essay or personal interview, don’t be shy or hide any of your achievements, enlist them as your eligibility depends on your academic achievements.
Documentation: It is highly important to keep your documents intact and in place. This will minimize the waste of time. Keeping the documents intact helps quick submission and avoids crossing the deadlines.
Organizations offering scholarships
- University: Manny Universities offer scholarships for their students. These scholarships areyyy mostly on first come first serve basis. The elements taken into consideration while granting the scholarship includes academic merits as well extracurricular and leadership qualities.
- Special Scholarship: Some larger entities grant scholarships to merit holding students. You can cross check whether your parents’ employer grants any scholarship and apply for that. Such scholarships are based on various elements like race, gender, academic interest and even geographic location and much more so you can easily apply for scholarship that suits you.
- Activity Grants: If you are a great player, musician or artist, you may avail scholarship on the basis of your talent under Activity grant to cherish your career field of your interest.
- Religious Grant: Many Colleges are also associated with colleges and provide grants (scholarships) to the students. All you need to do is just check if your church is affiliated with the college you wish to complete your studies. If yes this will help you acquire faith based aid.
If you are not eligible for scholarship, no need to worry. Other options that aid your education include student loans, help from your friends and family, and company sponsorships. If you have the caliber and killer instinct to educate yourself no one can stop you actually.
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Career is gaining the prime focus in recent days; as the cut throat competitive world had set parameters for almost everyone in every field. This cut throat competition has made the world realize the difference between career and job. Since childhood students are trained to acquire a career in different fields. Almost every child is asked for his ambition at some point of time. As per the famous saying it’s always better to be safe than sorry, thus being prepared is always regarded as the best option. According to the survey approximately 73 percent of the students acquiring higher education opt for career oriented education. The ratio is increasing with passing time.