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Saurabh

Saurabh Saxena  |18 Answers  |Ask -

Tech Career Counselling Expert - Answered on May 24, 2023

Saurabh Saxena is the COO of Scaler by InterviewBit, an edtech platform that helps engineers achieve their highest potential and prepare for potential job interviews.
He has over 10 years of experience mentoring the next generation of engineering graduates and software developers.
He holds a bachelor's degree in information technology and business administration from the University of Newcastle, Australia.... more
Anonymous Question by Anonymous on May 10, 2023Hindi
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My cousin is in final year of mechanical engineering. He is interested in AI but is also keen on machine learning. Can you share the scope of both and help him make a wise decision? Thank you in advance

Ans: Thanks for the question Divya.
AI and Machine Learning are tied together and not entirely separate. AI (Artificial Intelligence) and ML (Machine Learning) are closely related fields, with ML being a subfield of AI.

Anyone who is an expert in AI / ML will have the following career options available to them
1. Machine Learning Engineer: Machine learning engineers focus on developing and implementing ML algorithms and models.
2. Data Scientist: Data scientists analyze complex data sets to extract meaningful insights and patterns.
3. Data Engineer: Data engineers focus on building and maintaining the infrastructure required for data storage, processing, and retrieval.
4. Natural Language Processing (NLP) Engineer: NLP engineers focus on developing systems that can understand and process human language.
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Sushil

Sushil Sukhwani  |326 Answers  |Ask -

Study Abroad Expert - Answered on Sep 30, 2023

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I am a student in 3rd year of my B.Tech in Computer Science. I want to pursue Masters in either Data Science or in Artificial Intelligence. I like both of the fields. But I don't know if I can get a combined course or are those individually done. I need guidance to which one is better if I'm planning to do it from Germany.
Ans: Hello Aditya,

To begin with, thank you for getting in touch with us. I am glad to hear about your plans on pursuing a Master’s degree after the completion of your Bachelor’s. To answer your question first, I would like to inform you that your professional objectives and interests will play a key role in deciding whether to pursue a Master's in Data Science or Master’s in Artificial Intelligence (AI) in Germany. I suggest that you follow the points mentioned below in order to make an informed choice:

1. Get to know your interests: As you have previously mentioned that you have an affinity for both, the field of Data Science as well as the field of Artificial Intelligence (AI), I would suggest that you spare some time to dive deeper and acquire a deeper understanding of both the fields. Familiarize yourself with the particular subjects, course of study, as well as the employment opportunities offered within both the fields as these can prove beneficial in assisting you in deciding which among the two resonates with both, your interests as well as your future ambitions.

2. Research University Standing: As the second step in the process, I would suggest that you conduct an extensive study on both, the universities’ repute as well as the standing of the universities in Germany that provide a Master's in Data Science or Master's in Artificial Intelligence (AI). Remember, your professional possibilities can be greatly boosted through studying at a university with high repute in your preferred field of study.

3. Examine the availability of courses: Next, I would suggest that you check the availability of courses. Keep in mind that although specialized Master's degrees in the fields of Artificial Intelligence or Data Science are offered at certain universities, students’ on the other hand, may be offered courses by other universities that include both disciplines or enable them to specialize within their Engineering or Computer Science programs. I recommend that you conduct a study on German universities offering these programs to decide which programs best match your hobbies and interests.

4. Investigate the Program’s Curriculum: Be sure to look into your preferred programs’ curriculum or content. Machine Learning, Data Analysis, and Statistics are emphasized on in Data Science courses. On the other hand, programs in Artificial Intelligence (AI) cover topics like Computer Vision, Robotics, and Natural Language Processing. I would suggest that you investigate courses that align with your professional objectives.

5. Fulfill Language Prerequisites: For the programs you intend pursuing, I would suggest that you look into the language prerequisites for each. Master's degrees are offered in English at the majority of universities in German. Nevertheless, some universities may require students’ to be fluent in the German language.

6. Build Networks and Engage in Internship Possibilities: The technology sector in Germany is expanding. Acquiring hands-on experience can prove beneficial when embarking on your professional journey, and for this reason, I would suggest that you investigate programs offering both, chances to network with business experts, as well as internship placements.

7. Look for Scholarship Possibilities: Studying overseas can be costly. Nevertheless, scholarships help alleviate the cost of studying. I recommend that you look for scholarship possibilities offered by the universities.

8. Take into account your Professional Ambitions: I recommend that you pay heed to your professional objectives. Enrolling in a program in Data Science would be appropriate if you intend pursuing a career in the data engineering, predictive analytics, or business intelligence fields. On the contrary, pursuing a program in Artificial Intelligence (AI) deems fit if you enjoy working on state-of-the-art AI research, wish to enter the field of autonomous systems, or enjoy creating AI algorithms.

9. Consider the Long-Term Benefits Associated with both fields: Take into account the labor market in the long-term. Both the fields of Artificial Intelligence and Data Science are highly sought-after worldwide, but I would recommend that you conduct a comprehensive study on both the fields, and determine if one field offers greater chances in Germany or better suits the industrial demands of the country.

10. Lastly, I recommend that you get in touch with professors, academic counselors, or field experts to acquire guidance as they will offer useful information and aid you in making an educated choice.

Remember that exciting job opportunities are offered by both, the Artificial Intelligence and Data Science fields. Deciding which field to choose should depend upon your professional objectives and passion, as well as the availability of programs at German universities. To make the most appealing decision for your future, I would recommend that you carry out meticulous research and take into account the aforementioned aspects.

For more information, you can visit our website.
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Rohit

Rohit Gupta  |52 Answers  |Ask -

Edtech/Online Education Expert - Answered on Jan 13, 2024

Asked by Anonymous - Nov 17, 2023Hindi
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Hi, My son is in the 10th standard and he is passionate about programming and technology. 1) Can you please suggest suitable options for him to get into the field of Artificial Intelligence and Data Mining? 2) Are there any courses or websites he can explore to learn more? 3) What are the employment opportunities? Is this field already saturated? 4) Would it be better for him to continue his studies in India or somewhere abroad? Thank you very much!
Ans: Certainly! It's great that your son is passionate about programming and technology, but to get into AI and Data Mining, he can start with a strong foundation in programming languages like Python and Java. Additionally, he should delve into relevant subjects such as statistics, mathematics, and machine learning. A computer science or related engineering degree would provide a comprehensive understanding of these domains. Many universities and institutions offer specialized courses and degrees specifically focused on AI and Data Mining.

To learn more about it, your son can explore specialized courses on platforms like College Vidya. College Vidya will help him find the best course and university/institution and can be a valuable addition, offering valuable counselling tailored to the Indian education system and industry requirements.

Employment opportunities in AI and Data Mining are abundant and diverse. Industries such as healthcare, finance, e-commerce, and technology actively seek professionals with expertise in these areas. While the field is competitive, the demand for skilled individuals grows, creating numerous job openings. The key is to stay updated with emerging technologies and continuously enhance skills to remain competitive in the job market.

4) The choice between continuing studies in India or abroad depends on various factors. Both options have their advantages. Studying abroad can offer exposure to diverse perspectives, cutting-edge research, and potentially better resources. However, pursuing education in India can be cost-effective, and excellent institutions offer quality education in AI and Data Mining. It's crucial to research specific universities and their programs and consider cost, cultural fit, and career goals before deciding.

Encourage your son to explore these options, participate in coding competitions, and engage with online communities to stay connected with the latest developments in the field. Ultimately, combining a strong educational foundation, practical experience, and a proactive approach to learning will pave the way for a successful career in AI and Data Mining.
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Career

Career Coach  |35 Answers  |Ask -

Workplace Expert - Answered on Jan 03, 2024

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My son is in the 10th standard and he is passionate about Artificial Intelligence and Data Mining. 1) Can you please suggest suitable options for him to get into these fields? 2) Are there any courses or websites he can explore to learn more? 3) What are the employment opportunities? Is this field already saturated? 4) Would it be better for him to continue his studies in India or somewhere abroad? Thank you very much!
Ans: It's great that your son is passionate about Artificial Intelligence (AI) and Data Mining. These are dynamic fields with a lot of opportunities. Here are some suggestions to help him pursue his interests:

1. Educational Pathways:
- Enroll in a Computer Science or related bachelor's program with a focus on AI for formal education.
- Explore online platforms like Coursera, edX, and Udacity for additional courses and certifications.

2. Online Learning Resources:
- Utilize platforms such as Coursera, edX, and Udacity, which offer a variety of courses from top institutions globally.

3. Job Opportunities:
- AI and Data Mining professionals are in high demand across sectors like healthcare, finance, and technology.
- Roles include machine learning engineer, data scientist, AI researcher, and data analyst.

4. Educational Location:
- Consider both Indian and international institutions based on personal preferences, budget, and specific program offerings.
- Reputable institutions include MIT, Stanford, Carnegie Mellon, and IITs.

5. Industry Outlook:
- Although competitive, the AI field continues to evolve, offering new opportunities.
- Keeping skills up-to-date and adapting to technological advancements is crucial.

6. Future Trends:
- AI is expected to remain at the forefront of technology.
- Ongoing advancements, including potential influences from quantum computing, highlight the need for continuous learning and adaptability.
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Shekhar

Shekhar Kumar  |107 Answers  |Ask -

Leadership, HR Expert - Answered on Apr 29, 2024

Asked by Anonymous - Apr 25, 2024Hindi
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Hi, i have completed my masters in food technology and want to work as freelancers as a auditor in food industry could you guide how to go about doing.
Ans: Transitioning to freelance work as a food industry auditor can offer you flexibility and autonomy in your career. Evaluate your qualifications, experience, and skills in food technology, quality assurance, and auditing. Identify areas where you have expertise and experience that are valuable to potential clients in the food industry. Familiarize yourself with the requirements and standards for food auditing, including regulatory requirements, industry standards (such as ISO 22000, HACCP), and customer specifications. Understand the auditing process, documentation requirements, and audit protocols. Consider obtaining relevant certifications or training in food safety auditing, such as Certified Food Safety Auditor (CFSA), Lead Auditor Training, or other accredited programs. These credentials can enhance your credibility and qualifications as a freelancer. Network with professionals in the food industry, including food manufacturers, suppliers, distributors, and regulatory agencies. Attend industry conferences, seminars, and networking events to connect with potential clients and collaborators. Determine the specific services you will offer as a food industry auditor, such as food safety audits, quality management system audits, regulatory compliance assessments, or supplier audits. Identify your target market, including food manufacturers, processors, retailers, or food service providers. Develop a professional brand identity for your freelance auditing services, including a business name, logo, website, and marketing materials. Highlight your expertise, qualifications, and unique value proposition to attract potential clients. Determine your pricing structure based on factors such as the complexity of audits, scope of services, and industry standards. Establish clear policies regarding payment terms, project timelines, and confidentiality agreements to protect both your interests and those of your clients. Promote your freelance auditing services through online channels, social media platforms, industry forums, and professional associations. Create content related to food safety, quality assurance, and auditing best practices to showcase your expertise and attract potential clients. Cultivate relationships with potential clients by offering value-added services, such as training, consulting, or ongoing support. Build trust and credibility through transparent communication, professional conduct, and delivering high-quality audit reports and recommendations. Establish systems and processes for managing your freelance business, including client communication, project management, invoicing, and record-keeping. Prioritize time management and organization to balance your freelance work effectively. 

Keep learning, networking, and refining your approach to meet the needs of your clients and achieve your professional goals as a freelancer.
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Ramalingam

Ramalingam Kalirajan  |959 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 29, 2024

Asked by Anonymous - Apr 29, 2024Hindi
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I retired earlier now at 53. Invested 7L in ELSS and using 60L on short term equity trading (with monthly average gain 2L) and having own apartment home worth 40L. Having dependent widowed mother, wife with 13 yrs old daughter. Intended to raise daughter as doctor. Please suggest better investment options.
Ans: Congratulations on your early retirement! It sounds like you've made some good initial decisions, but there's definitely room for improvement to secure your family's future, especially considering your dependents. Here's how you can optimize your investments:

Reduce Risk in Short-Term Equity Trading:

While a ?2 lakh monthly gain from short-term trading sounds impressive, it's a very risky strategy. The market can be volatile, and these gains may not be sustainable. Consider allocating a much smaller portion (maybe 10-20%) to short-term trading and focus on more stable options for the majority of your investable assets (?60 lakh currently in trading).
Focus on Long-Term Growth and Stability:

Increase Investment in ELSS: ?7 lakh is a good start, but for your daughter's education and your retirement needs, you'll likely need a much larger corpus. Consider increasing your SIP amount in ELSS or similar diversified equity mutual funds with a long-term horizon (10+ years).
Explore Debt Options for Regular Income:

You mentioned having a dependent mother and daughter's education to plan for. Consider investing a portion (maybe 20-30%) of your investable amount in safer debt options like Public Provident Fund (PPF), Senior Citizen Savings Scheme (SCSS) for your mother (if she's above 60), or fixed deposits to generate a regular income stream.
Plan for Daughter's Education:

Doctorate studies can be expensive. Start an SIP in a dedicated child education plan or invest in aggressive equity funds specifically for this goal. Talk to a Certfied Financial Planner for personalized recommendations based on the estimated cost of medical education.
Utilize Your Apartment:

While your apartment fulfills your housing needs, consider if it could generate additional income. Explore options like renting a room if feasible.
Seek Professional Guidance:

Given your multiple financial goals and risk tolerance, consulting a Certified Financial Planner (CFP) can be highly beneficial. They can create a personalized investment plan considering your risk appetite, time horizon, and financial goals.
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Ramalingam

Ramalingam Kalirajan  |959 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 29, 2024

Asked by Anonymous - Apr 29, 2024Hindi
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Dear Sir My age is 34 yrs. I have working alredy 10 yrs and my average total income till date 40L minimum. Still I did not save 1rs till now. Request you please advice how to start savings also make future retirement plan. My expected retirement age is 55yrs.
Ans: It's never too late to start saving for retirement, and kudos to you for taking this important step at 34! Here's how to get on track:

1. Assess your situation:

Track your expenses: For a month, track where your money goes. This will help identify areas to cut back and free up savings.
Emergency fund: Aim for 3-6 months of living expenses in an easily accessible savings account for emergencies.
2. Start saving:

Automated savings: Set up a Systematic Investment Plan (SIP) in a mutual fund. Start small, even with ?1,000 per month, and gradually increase as you get comfortable.
3. Retirement plan:

Employer benefits: Check if your employer offers a retirement plan like a Provident Fund (PF). Contribute the maximum allowed for tax benefits and long-term savings.
Individual options: Explore options like National Pension System (NPS) or Equity Linked Savings Schemes (ELSS) for long-term growth. Talk to a Registered Investment Advisor (RIA) for personalized advice based on your risk tolerance and goals.
Here's a breakdown based on your income:

You mentioned an average annual income of ?40 lakhs. Aim to save at least 10-15% of your income, which translates to ?4,000-?6,000 per month.
Remember: Consistency is key! Starting early, even with a small amount, allows time for your savings to grow through the power of compounding. Don't be discouraged if you can't save a lot initially. Every little bit counts!
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Ramalingam

Ramalingam Kalirajan  |959 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 29, 2024

Asked by Anonymous - Apr 29, 2024Hindi
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Hello Sir, I'm 45 years old investing for retirement corpus and plan early retirement at 55. Below is my portfolio and current value-23 lacs 1.Nippon small cap 2.quant ELSS 3.Kotak flexicap 4.UTI nifty 50 index-new 5.Motill Oswal midcap150 index-new 6.HSBC midcap am doing a sip of 50k-is it enough? to reach Target of 1 crore in 10 years.
Ans: It's fantastic that you're already thinking about retirement at 45. Life has a way of whizzing by, doesn't it? Having a 10-year plan towards a ?1 crore corpus for early retirement at 55 shows real foresight.

Now, looking at your portfolio with a mix of large, mid, and small-cap funds, it's clear you've diversified across market capitalizations. That's a smart approach! But with a goal ten years down the line, have you considered how much risk you're comfortable with? Remember, the ride might get bumpy closer to retirement, and you might want to consider a chat with a Certified Financial Planner (CFP). They can help you fine-tune your asset allocation to balance growth potential with stability as you near your retirement mark. Think of it like planning a trek to the Himalayas – you want the right gear for every stage of the climb!
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Shekhar

Shekhar Kumar  |107 Answers  |Ask -

Leadership, HR Expert - Answered on Apr 29, 2024

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I am 62 years old healthy person having more then 30 years experience in commercial field I want a job. Is it is possible to get job anywhere in this age.
Ans: Yes, it is possible to find employment opportunities at any age, including 62 years old. While some employers may have preferences for younger candidates, many organizations value the experience, wisdom, and expertise that mature professionals bring to the table. Leverage your professional network and connections to explore job opportunities, gather insights, and seek referrals. Attend industry events, networking mixers, and professional association meetings to expand your network and connect with potential employers or recruiters. Be open to flexible work arrangements, such as part-time roles, consulting opportunities, contract work, or project-based assignments. Many companies are willing to hire experienced professionals on a flexible basis to leverage their expertise without committing to full-time employment. Research companies or industries that value and prioritize experienced professionals. Look for organizations known for their inclusive workplace cultures, diversity initiatives, and appreciation of older workers' contributions. Customize your job search approach to align with your career goals, preferences, and lifestyle. Focus on opportunities that match your skills, interests, and desired work environment, whether it's a small business, a nonprofit organization, or a corporate enterprise. Approach your job search with confidence, positivity, and enthusiasm. Highlight your unique strengths, accomplishments, and value proposition to prospective employers, and convey your eagerness to contribute and make a difference in a new role.

Remember that finding a job at any age requires persistence, patience, and resilience. Stay proactive, adaptable, and open-minded throughout your job search journey, and remain optimistic about the opportunities that lie ahead. With determination and effort, you can find a fulfilling job that aligns with your skills, experience, and career aspirations, even at 62 years old.
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Ramalingam

Ramalingam Kalirajan  |959 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 29, 2024

Asked by Anonymous - Dec 20, 2023Hindi
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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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