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IMPORTANCE OF INTERNSHIPS

“Successful People are not gifted. They just work hard, then succeed on purpose” – G.K.Nelson.

In the initial years of college, we all will be living in a fantasy world where we are with a feeling that we have everything one could wish for. The reality hits us hard on the pre-placement phases of our college. At this point in time, we are obscure about our future. The situation can be handled with ease if we start to do an internship after the first year of our college. This could be either a remote one or a full-time one. Choose according to your convenience and college practices.

Sites for getting your first intern:

 “Your big opportunity may be right next to where you are now” – Napoleon Hill. 

There are a handful of trustworthy sites for choosing your intern from. Some of them are as follows:

  • Internshala.
  • Letsintern.
  • Linkedin

They have internships for various fields and experiences. Choose one which suits you the best. Never fall for internships that ask you for money. Even if it’s an unpaid internship but it could provide you a better experience then never hesitate to go for it. Most companies don’t expect much from an intern in the beginning. They look for the dedication and interest in the role assigned to you. They assist you well in the beginning so that you can move forward without any hurdles. 

Perks of an Internship:

  • They mold you from the scratch into something which you never expected. 
  • It provides you better clarity on the career path you need to choose from and the skillsets needed for the same. 
  • Most importantly you will get to know yourself better. In college, we would have a bunch of friends with whom we are comfortable playing around. In a workplace, this may or may not happen. But you will get adapted to the environment to deal with different kinds of people at an early stage which will for sure help you in the future.
  • Some companies provide internship extension and full-time work opportunities for their interns based on their performance which will turn into a hassle-free process for both sides. 
  • In case if it’s a paid internship, you will realize the value of money you have been using in the past and this will make you utilize the economy better. 
  • During the internship, you will have to manage your college assignments, studies, and exams. Although the process seems to be hard in the beginning, once you master the multi-tasking and time management skills you are ready to face the real-time challenges of the world. 
  • In case if the internship domain did not excite you much then it’s also a good sign. You have neglected out an option at an early stage. 

Nothing can be mastered at its best in the first attempt. Try hard, learn and unlearn to make the best out of it. Never have hesitation or fear to start again. As experts say you are not starting from scratch , you are starting with experience. 

Guidelines to choose your career-for final year and pre-final year students

” I have no problem with starting from scratch” – Leif Garrett

The age 20-25 is quite confusing age of our lives. Everyone will have an inner voice which is constantly interrogating us a set of questions like , ” What are my interests?” , “Which is the field I can excel on?” , “How can I bring the best out of myself?”. Never be terrified by these questions. These are questions which will make you streamline your career path.

During the pre-final year and final times , we all will start to have a fear of future and will begin to recognize the practical aspects of life. The pressure could be due to college placements, peer discussions and expectations of our families. Never make any of these external factors influence your career choice.

The first step in order to identify the career path which best suits you is to know about your interests and skillsets. Write down three important interests of yours which may or may not relate to the stream of your study. Figure out what are the skill sets you have in those interests which could fetch you a job. In case if you have no skillsets in those fields refer to the career sites and find out what are the skill expectations for those roles.

The second step is to understand the industry. In the initial days of our college, we all would have had fun unaware of a world outside which is developing at a rapid phase . Start learning about what’s happening around you. Recognize the fields which are blooming and categorize those which attract you. List down the skills which are anticipated in those fields.

The third and most important step is to write down all the fields , interests and skillsets you have figured out in steps one and two. Write down your short term and long term goals which align with your interests. Narrow down to 2 fields which allure you and make you move forward towards your long term goals.

“We cannot become what we want to be , by remaining what we are” – Max DePree

Kick start your learning phase by acquiring skills and mastering them which attribute to revamp your profile. Make sure you update your profile regularly on career sites like LinkedIn which provides you the opportunity of networking. Never be petrified by the fear of perfection during the learning phases because,

“Continuous Improvement is better than Delayed Perfection” – Mark Twain.

The Hybrid Work From Home model: Businesses ponder over the future of work

What is a hybrid WFH model, and for what reason are countless organizations currently thinking about it for their staff and employees?

Details show telecommute (WFH) drives soar during the Coronavirus pandemic and haven’t eased back down. Representatives and organizations the same are getting a charge out of all the financially savvy and usefulness improving advantages of distant work.

Nonetheless, a few organizations actually see the advantage of having an on-premises team. However long chiefs can ensure satisfactory wellbeing measures, these groups could feel great getting back to the workplace.

So should your collaboration in-house, keep working distantly, or embrace a mixture WFH model?

In case you don’t know what a cross breed WFH model really is, this aide will separate it and cover every one of the upsides and downsides. Then, at that point you can choose which alternative is best for your business.

We should begin with the rudiments so we’re all in total agreement:

What is a Half breed WFH Model?

A half breed WFH model permits a few representatives to work distantly while others work on-premises.

Inside this design, you may have groups or divisions split between working distantly and working in-house. Your advertising group might be off-site, for instance, while your business team appears at the workplace each day.

You may even assign certain positions or positions of authority as completely distant or in-house across all divisions.

Something significant to note here: a cross breed WFH model doesn’t mean representatives split their time working distantly and at the workplace during the week. That is all the more an adaptable work style.

When a worker gets delegated WFH, they’ll burn through most workdays far off (with the potential for incidental office visits). In premises groups will do the polar opposite.

There are a few advantages for organizations going to this work style, which we’ll get into straightaway. However, this model accompanies its own arrangement of difficulties to think about as well.

Turning into a Hybrid WFH Organization: Upsides and downsides

A crossover organization has both far off and in-house colleagues. Since we talked about the advantages and disadvantages of turning into a distant cordial organization in this aide, we’ll just offer a concise synopsis here to save time.

Benefits of a Crossover WFH Model

Business can exploit these advantages when they become a half and half organization:

Recruit unfathomable ability locally and across the globe. At the point when you open situations to worldwide competitors, you’ll construct a group with uncommon abilities. They may even work in various timezones to give ‘nonstop inclusion or additional intellectual prowess during top useful hours.

Representatives work to their qualities and raise efficiency. You’ll have the option to permit colleagues who need to concentrate discreetly at home and the individuals who flourish better locally office setting the capacity to work where and when they’re generally useful.

Better oblige colleagues with incapacities. Telecommuting gives individuals with inabilities or ailments the opportunity to work serenely while remaining associated.

Lower overhead. Less individuals in the workplace implies organizations have less exorbitant office costs. You might have the option to cut back to a more modest office with less cash spent on lease and power, for instance.

Diminishing wellbeing openness chances. Less in-house workers implies your organization might have the option to bring down the odds of colds, influenza, or Coronavirus spreading around the group, which may bring about less days off.

Regardless of these experts, there are a few disadvantages to consider…

Disadvantages of the WFH Model

A crossover WFH model isn’t without drawbacks, for example,

Far off workers may feel confined, left out, and separated from the in-house group. They can’t stop by one another’s work areas to visit or joke around the water cooler. Also, WFH workers may pass up advantages like catered snacks, birthday celebrations, and friends glad hours.

Time contrasts can turn into a test. Your in-house colleagues may have to stand by hours (or an entire day!) for a basic answer or answer to an inquiry if a far off representative works in a distant timezone.

Correspondence requires additional exertion. All contact with WFH colleagues happens for all intents and purposes through courier applications like Leeway, video calls, messages, and so forth This requires heavenly relational abilities on the two closures and a promise to registration, which is more difficult than building compatibility in-house.

On-premises representatives may get special treatment or quicker advancements basically in light of the fact that directors can cooperate with them and see what they’re up to the entire day. Telecommuters may not get enough facetime with higher-ups and key leaders to demonstrate they merit the opportunity to ascend the stepping stool.

Fortunately, there are less drawbacks to turning into a half breed organization than potential gains. Furthermore, they’re all sensibly simple to defeat with the right arranging and arrangement.

4 job options for tally experts

Tracking, recording, analysing, and reporting everyday operations and financial aspects of a business is very essential for mindful investment, profit generation, and expenditure. Tally is a technologically-driven advanced accounting tool that helps many organizations manage different operations, maintain accounting data, avoid loss, omission, or repetition of data, and transfer or present the data coherently whenever required.

Tally can help one equip with many relevant skills which are required for banking, bookkeeping, inventory management, billing and taxation, purchase and sale management, and so on. Knowledge of Tally can be of huge help to individuals they can change their area of work or department, land lucrative opportunities as a fresher, change their career path, and can also manage their own business professioally.

  1. Billing executive

Billing involves the creation, management, and issuing of receipts and invoices to internal or external stakeholders of the business. Businesses usually handles many different existing and new clients at tight deadlines and require proof of all the payments made or received to enhance their professional relationships which can assist in profit or loss calculations.

Tally is mainly used by billing executives to avoid manual data entry, ensure accurate figures, and eliminate errors while preparing receipts and invoices. It helps in creating new invoices, adding, searching, and summarising customer records, converting different currencies, and credit card processing. This tool also include many different features like financial calendars, database and records management, hours tracking, reminders, and reporting options that make billing much easier.

2. Tally Freelancers

Freelancing in Tally can be called as a new-age dynamic career opportunity for experts who wish to be associated with different organisations instead of imparting their services to one. Freelancers can work for different clients and earn individually based on every service or installation they do.

They work for 2-5 hours a day, Tally experts work on basic bookkeeping and accounting functions, provide daily work reports, create and provide GST reports, pay TDS, make receivable and payable statements, and bank reconciliation statements. Tally experts are one who can provide services on a contractual or consultation basis to mid-size or large organisations. They can also work as trainers for corporate clients if they want.

Individuals with a flair and passion for teaching and a love for tally could combine their skills and provide education to young learners which can take their expertise a step further.

3. Inventory manager

Inventory management involves tracking, controlling, and managing the movement, stocking, usage, order processing, and manufacturing of inventory. Inventory usually contains raw products, goods which are work-in-progress, and final products which differ from industry to industry.

Tally provides inventory managers to ensure a sufficient supply of the right materials at the right time, avoid overstocking or understocking, which can reduce the handling costs. This software simplifies the stock management, helps in location or warehouse management, manufacturing, organising the inventory batch-wise and lot-wise, making accurate reports, managing the costs from other parties, making and delivering online business reports accurately.

4. Accountant

Accountancy is the process of recording, managing, and reporting the financial activities of a business. Accounting starts right after when bookkeeping ends and helps businesses understand their status, profit and loss made during a certain period, and their financial results.

Usage of Tally software for accounting improves its accuracy and efficiency upto a certain level, prevents mistakes and promotes the utilisation of time for valuable administration, strategy building, and execution-related functions. The software allows multi-user access, automation, online support, data security, is affordable, and is scalable which helps in easing accountancy processes.

Digital Marketing: An Emerging Field

The importance of digital marketing is taking quantum jumps in today’s business world. The world has become so digital now even small kids are becoming tech-savvy and started doing digital experiments. People have realized the importance of digital marketing in today’s competitive world, and so our young curious minds. Digital Marketing as a career has benefits which far outweigh other streams of Marketing, in much the same way demand outweighs the supply of Digital Marketing professionals. Yes, that’s right. The demand for professionals in the Online Marketing field has high sky-rocketed ever since companies realized that traditional channels of Marketing alone won’t bring in revenue. 70% of marketing job openings now require digital skills.

Digital marketing skills are so high in demand right now that many companies prefer giving jobs to the candidate who is digital amateur. But unfortunately, there are lot of jobs available but not enough readily adequate people to fill them. Today all job profiles seek practical knowledge. Going for a job interview with an academic degree does not work nowadays as these people are instantly rejected undoubtedly, Digital Marketing is a versatile and rewarding career.
With increasing budgets, higher pay and expanding career choices, the digital domain is finally being taken seriously. There has been an increase in Digital Marketing jobs worldwide, and Digital Marketers are hot property. With the possibility of steering your own career, the benefits of Digital Marketing are immense.


Various subfields spinning out of the Digital Marketing domain are in themselves full-fledged with a wide range of career options.

  1. SEO- Search Engine Optimization is the art of getting a high rank for a website in SERP’s.
  2. SEM- Search Engine Marketing involves using paid methods for maximum outreach.
  3. SMM- Social Media Marketing involves optimizing content and using social media to reach the target audience.
  4. Email Marketing- Effective Emails are written and designed for engagement and increasing product reach.
  5. Content Marketing- Effective copy and content are extremely important in engaging users.

Other than these most favourable career options of Digital Marketing, there are many other choices available such as Analytics, Copywriting, Web Design and Development, Advertising etc.

1. Compete with Large Corporations- Digital Marketing can enable you to compete head and head with large corporations. With Digital Marketing, you can get a coma competitive advantage even as a startup or small business leader.

2. Get Prepared For The ‘Internet Of Things’- As people are getting tech-savvy would be a good move to promote your business through the digital platform. This can help you connect with your customers anytime and anywhere in an effective way.

3. Earn People’s Trust And Build Brand Reputation- It’s important to classify brand objectives with customers interest. Digital Marketing can help target the right customers in a substantial way.

4. Ensure Online Business Survival- Digital Marketers can implement innovative ways to entice customers. By targeting the right kind of people, marketers can take the necessary steps for betterment and success for their businesses.

5. Know All About Your Competitors- Many brands and businesses are ramping up on their digital marketing campaigns, using various channels. Have a look at your comcompetitor’srategies and plan yours accordingly to get an edge over them.

6. Real-Time Results- Digital Marketing lets you know how influential your approach has been. By understanding the scenario, you can take the necessary steps to retouch the results in stipulated time.

7. Improve Your Outreach- The online platform is the best medium to connect with your customers worldwide. With Online Marketing, you can be more fetching in terms of providing earnest responses to the relevant queries and feedback.

Final Thoughts:
If there ever was a time to jump on the digital career bandwagon, then this is the time. Make yourself the perfect fit to fill in the Digital Marketing skill gap and open the doors to a wide variety of career choices. With the domain still in its infancy, the possibilities are endless but one thing is for sure: it’s only going to get better from here.

Tips for Interview

Going to an interview always gives us jitters, we are constantly worried about our looks, dressing and face and how we are going to perform.

With these following tips, you can ease any interview.

  • Be Yourself

This is one of the most important aspect. You should always focus on being yourself and never try to imitate someone or pick up a new accent. It is always what is natural that matters and not what is artificially created. Interviewers can easily detect if a person is behaving quite out of their way, after all they have years of experience. So always be your natural self than putting up an act just to be liked by others. Try getting into places where they accept you as who you are.

  • Dress Neatly and Professionally

Dressing up properly always matters. People always judge you sometimes on your appearances. How you dress up and present yourself shows a side of your personality as well. Being neat and tidy is an important part of any job and it all starts with the way you present yourself. Wear properly ironed clothes and always keep your hair neatly in place.

  • Looking in the Eye

When the interviewer asks you a question always look them in the eye and answer. This is a very basic thing but we always ignore the small details all the time. Some of us gets tensed and do not look in the eyes while speaking. In all circumstances make sure to look straight in the eye and answer. Looking in the eyes always let the judges know that you are a confident person. People always search for confident and smart personalities. Keep that in mind always

  • Answer carefully

When you are asked a question, don’t try to answer that moment. Take some time of your own to think about a proper and logic answer. Its always better than blurting out the wrong details. Answering diplomatically in all situations makes a person more reliable in troubled situations.

  • First Impression

When you are called down to walk to the chair for the interview, make sure to flaunt your confidence and charisma. First impressions always stay deep in peoples mind and for an interview it is quite important because you might not get a chance again. Walk confidently with your head high in the air. Make sure to greet them and ask permission to sit down.

  • Voice

Making sure to speak in a fluent and calm voice, this is quite important. Candidates are required to use proper language and avoid mistakes of any kind.

  • Knowing about the company/ or the Job

Whenever you attend an interview, you should always do a background research on the company you are applying for. It is always important to know more about your interviewer.

  • Making a Good CV and Resume

An important selling point is to have a good CV and resume. People get to know more about you and the kind of work you do by the way you present your paperwork.

  • Always ask question to the interviewer

Before you finish off your interview prepare some questions to ask to the interviewer. This is one of the basic things we tend to forget.

With these tips you can always ease any interview.  All the best.

New Banking entity will create jobs in India

On April 1, 2014, the Election Commission (EC) gave approval to the Reserve Bank of India (RBI) to proceed with licensing a third set of private banks. The last time that RBI licensed new banks was between 2003 and 2004 when it decided to let Kotak Mahindra Bank and Yes Bank into the market. It is hoped that the current licensing will help India’s central bank to expand the reach of the Rs 84 trillion banking industry. Last week, the RBI granted bank licenses to Bandhan Financial Services and Infrastructure Development Finance Company (IDFC). There are over 20 companies in the race for new banking licenses and it is said that 1,500 to 5,000 jobs are likely to be created in the next two years for each new banking license awarded by the RBI.  

Some of the areas where extensive hiring is likely to take place are retail banking, credit, technology, operations, branch banking, risk and treasury. And since India is focusing on financial inclusion, jobs are expected to open up in smaller centers. There will be a huge demand for people who have worked in tier 2 and 3 cities and rural areas as they will be able to understand the issues pertinent to financial inclusion. Currently, less than 30 percent of the Indian population has access to bank accounts. So, there is a lot to be done in the banking and financial sectors in India. The rural markets are untapped and by expanding and venturing into these markets, the banking and financial sectors will be able to witness growth and profitability.  

At IDFC alone, there have been key appointments, including that of the group head of new initiatives and the COO – Ajay Mahajan, former banker and financial services entrepreneur has been appointed the group head of new initiatives and Avtar Monga, veteran banker, has been named the COO. These new licenses will give rise to a number of backend jobs too, including those in processing and outsourcing. Every time a new entity is formed, jobs will be created not only in the entity but in other organizations linked to this entity. And this is exactly what is happening with the licensing of new banks.   

It is hoped that with the establishment of new banking entities, the unemployment rate in India will reduce. Reports claim that in the next two years, a number of people working in banks will be retiring and this will increase the demand for employees at various levels. India will witness a sharp increase in employment in the coming years and the growth and profitability of the banking and financial sectors are imminent. In any developing country, there is a huge scope for the growth of various industries. And this is what the RBI is planning to achieve by providing licenses to new banks. With an influx of new banks comes competition and this leads to greater productivity. So, by providing licenses to new banks, India will not only see a rise in the employment rate but it will also see a stark increase in the service quality.  

Anywhere between 1,500 and 5,000 jobs are likely to be created over 1-2 years for each new banking licence awarded by the Reserve Bank of India (RBI), estimates by leading head hunters, including Korn/Ferry International, Egon Zehnder, Heidrick & Struggles, EMA Partners, Russell Reynolds Associates and Randstad India, suggest. The RBI granted bank licences to micro lender Bandhan Financial Services and Infrastructure Development Finance Company (IDFC).

Based on a set of 1,938 companies spread across all sectors, the study said the value of sales in FY19 was Rs 69 lakh crore thus covering the entire corporate sector. It includes all listed public sector entities but the SME segment may find less representation in this sample.

As per the study, the aggregate headcount or employment increased at a CAGR of 3.3% over a four-year period from 2014-15 to 2018-19 compared with a CAGR of 7.5% in gross domestic product (GDP) during this period. In terms of growth in employment on an annual basis, it was 2.5% in 2015-16 and 4.1% in 2016-17. “Therefore, there is a case that supports the argument that employment growth has not been commensurate with GDP growth with a difference of 4.2% in CAGR during this period,” the study showed.

It showed that around half the companies had witnessed a decline in growth in employment over this time period while 35% of them had witnessed growth of 11.5% on the aggregate each with an above average CAGR of 3.3%.

Core worries


The ratings agency highlighted that core industries have witnessed “virtually negative growth in headcount”, with crude oil just about maintaining the employment level. These industries have been impacted by the slowdown in GDP growth as well as the challenges on the NPA side for banks.

A similar picture is witnessed for the heavy investment industries where growth has tended to be negative for power and capital goods and just 0.4% for infra. Among manufacturing industries, healthcare and automobiles registered a healthy growth of 4.8% in employment whereas the financial sector’s performance was the impressive with banks, NBFCs and insurance witnessing impressive growth

In the non-financial sector segment, the IT and retail industries registered near or above average growth while telecom, hospitality and realty witnessed negative growth. The telecom industry has been through upheavals which have led to several mergers that have impacted headcount. In case of realty, the decline in growth in business impacted job prospects, it said.

“The CAGR in employment and growth in physical production for industries in the manufacturing sector are not well related,” CARE Ratings concluded, adding that growth in employment has trailed growth in GDP indicating that the two have not moved in commensurate terms, and that service sector has performed better than manufacturing with financial sector industries doing better in terms of higher recruitment.

Jobs

 Jobs in India span a wide spectrum, reflecting the country’s diverse economy and varying industries. India’s job market encompasses opportunities in sectors such as information technology, healthcare, manufacturing, agriculture, education, finance, hospitality, and more.

The information technology (IT) sector in India has been a significant contributor to job creation, with cities like Bangalore, Hyderabad, and Pune being hubs for software development, IT services, and outsourcing. The sector offers employment opportunities in software engineering, data analytics, cybersecurity, and emerging technologies like artificial intelligence and machine learning.

The healthcare industry is another prominent sector, encompassing roles for doctors, nurses, medical technicians, pharmacists, and healthcare administrators. With the growth of medical tourism and increasing healthcare infrastructure, there’s a growing demand for skilled professionals in this field.

Manufacturing continues to be a crucial sector for employment, with job opportunities in automobile manufacturing, textiles, pharmaceuticals, and electronics. The government’s initiatives like “Make in India” aim to boost domestic manufacturing, creating more job opportunities in this sector.

Agriculture remains a significant source of employment in rural areas, employing a large percentage of the population. However, there are ongoing efforts to modernize agriculture, improve productivity, and create more sustainable and skilled jobs in this sector.

Education and academia also offer employment opportunities, ranging from teaching positions in schools and universities to administrative roles, curriculum development, and educational technology.

The financial sector, including banking, insurance, and financial services, provides diverse job roles in areas such as banking operations, investment banking, financial analysis, and insurance underwriting.

Hospitality and tourism offer employment opportunities in hotels, restaurants, travel agencies, and event management, catering to both domestic and international tourists.

However, the job market in India faces challenges, including unemployment, underemployment, and a skills gap. There’s a disparity between job seekers’ skills and the requirements of the job market, leading to a mismatch in employment opportunities.

Additionally, the COVID-19 pandemic has impacted the job market, causing disruptions across various sectors. Job losses, salary cuts, and a shift towards remote work and digitalization have reshaped the employment landscape.

To address these challenges, initiatives focusing on skill development, vocational training, entrepreneurship, and fostering innovation are being emphasized. The government has launched programs such as Skill India, Startup India, and Digital India to promote skill development, entrepreneurship, and digital literacy.

In conclusion, India’s job market is diverse, offering opportunities across various sectors. While certain sectors like IT, healthcare, and manufacturing continue to thrive, addressing unemployment, enhancing skill development, and adapting to changing market dynamics are crucial for fostering inclusive growth and creating more meaningful and sustainable employment opportunities for the country’s burgeoning workforce.