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R P Yadav  |304 Answers  |Ask -

HR, Workspace Expert - Answered on Apr 18, 2024

R P Yadav is the founder, chairman and managing director of Genius Consultants Limited, a 30-year-old human resources solutions company.
Over the years, he has been the recipient of numerous awards including the Lifetime Achievement Award from World HR Congress and HR Person Of The Year from Public Relations Council of India.
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Asked by Anonymous - Mar 27, 2024Hindi
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Hi I did B.Com in 2012 and then completed MBA (specialisation in Finance) in 2014. Thereafter I joined Genpact as Process Associate and was part of it till 2022. Then, I switched to HCL and still continuing in it as Process Developer and my CTC is aroind 4.5L. I need your esteem advise to enhance my capabilities and sharpen my skills to grow further in this field, ultimately, getting better CTC. Please guide me. Thanks

Ans: Hi,
Since you are in process development, I'm not very sure whether you do the process mapping or even the coding. In case you are doing only process mapping then MBA is the right degree, but in case you are into development then you need to do further courses in latest technologies.
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HR, Workspace Expert - Answered on Mar 05, 2024

Asked by Anonymous - Jan 18, 2024Hindi
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My son done 12Th from ISC Board in 2020 and joined HCL Tech bee on June 2021and after Completion of Tanning in June 2022 appointed as Analyst in HCL but due to some issue he reigned on 04.01.2024. Presently he is doing BCA from with HCL Partner Team, may be HCL to be stop his BCA with his Partner. Now you are requested please advice best option for his Future.
Ans: I understand that your son has had an interesting journey so far, and it’s essential to consider the best options for his future. Given his background and current pursuit of a BCA (Bachelor of Computer Applications) degree, here are some career paths he can explore:

Master of Business Administration (MBA):
Pursuing an MBA is a popular choice after BCA. It covers various aspects of management, organization, human resources, finance, and other critical business areas. An MBA can open doors to leadership roles and enhance his business acumen1.
Technical Analyst:
As a technical analyst, he can analyze technical requirements, troubleshoot issues, and provide solutions. This role doesn’t necessarily require extensive coding skills but demands a strong understanding of technology and problem-solving abilities.
Data Scientist:
Data science is a rapidly growing field. If he enjoys working with data, statistical analysis, and machine learning, becoming a data scientist could be a rewarding path. Data scientists extract insights from data to drive business decisions.
Web Developer:
Web development involves creating and maintaining websites. While coding skills are beneficial, there are tools and platforms that simplify web development. He can specialize in front-end (user interface) or back-end (server-side) development.
Digital Marketer:
Digital marketing focuses on promoting products or services through online channels. It includes social media marketing, content creation, SEO, and analytics. Coding is not a prerequisite for digital marketing.
Software Developer Trainee:
If he wants to continue in software development, he can explore entry-level roles as a software developer trainee. These positions often involve learning on the job and gradually gaining expertise.
Cyber Security Expert:
Cybersecurity is critical in today’s digital landscape. Cybersecurity experts protect systems, networks, and data from threats. While some roles may require coding, others focus on policy, risk assessment, and security protocols.
Blockchain Developer:
Blockchain technology is gaining prominence. Developers in this field work on creating decentralized applications (DApps) and smart contracts. While coding is involved, it’s a specialized skill.
Banking Sector:
The banking and financial industry offers various roles related to technology, operations, and customer service. He can explore positions in banking operations, customer relationship management, or IT support.
E-commerce Executive:
E-commerce companies require professionals to manage their online platforms, product listings, and customer interactions. This role involves understanding e-commerce tools and platforms.
Educator:
If he enjoys teaching, he can explore opportunities in education. Becoming a computer science teacher or trainer allows him to share his knowledge with others.
Remember that each career path has its own requirements and growth prospects. Encourage your son to explore his interests, gain practical experience through internships, and stay updated with industry trends. His passion and dedication will play a significant role in shaping his successful future!
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Ramalingam

Ramalingam Kalirajan  |1221 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 01, 2024

Asked by Anonymous - Mar 18, 2024Hindi
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Hello, Hope you're doing good! I am 32 yrs old and planning to invest till 60 yrs i.e till next 28 yrs. I am investing in below MFs and some other savings schemes, I need you suggestion on the same: MFs Investment: 1. ICICI Prudential Nifty Alpha Low Volatility 30 ETF FOF - 1,500/- PM 2. Tata Resource & Energy Fund - 2,000/- PM 3. ICICI Prudential Technology - 1,500/- 4. Nippon India Nifty Smallcap 250 Index Fund - 1,000/- PM 5. SBI Nifty Next 50 Index Fund - 1,000/- PM 6. ICICI Prudential Nasdaq 100 Index Fund - 1,000/- PM 7. ICICI Prudential Nifty Bank Index Fund - 2,000/- PM Apart from this I am also investing in NPS around 17,500/- PM and PF around 30,500 including both. Also investing 5,000/- in Max Life Online Savings Plan (10 yrs investing period and 15 Yrs total Policy period). My goal is to be accumulate wealth for my retirement. Thank you in advance for your help.
Ans: Your investment approach reflects a thoughtful strategy aimed at building long-term wealth for your retirement. Diversifying your portfolio across different asset classes, including equity mutual funds, index funds, and savings schemes like NPS and PF, is a wise move.

Maintaining a disciplined investment habit and staying committed to your financial goals over the next 28 years will be crucial. Regularly reviewing your portfolio's performance and adjusting it as needed to stay aligned with your objectives is essential.

Remember, the journey to retirement wealth accumulation is a marathon, not a sprint. Stay patient, stay focused, and trust in the power of compounding to grow your investments steadily over time.

By diligently contributing to your investment portfolio and making informed decisions, you're laying a solid foundation for a financially secure and fulfilling retirement. Keep up the good work, and your future self will thank you for it.
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Ramalingam Kalirajan  |1221 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 01, 2024

Asked by Anonymous - Feb 27, 2024Hindi
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Hi i am 49 and currently have a total corpus of approx 2.5 crs ( 1cr in MF/50 lacs in stocks/ another 80-90 lacs in PF/ EPF/ NPS and some other instruments.i am planning to retire in 13 years i.e at 62 . i will be able to accumulate another 5 cr approx more till then and with the current portfolio and interests of those looking at 10 cr of corpus then . will it be sufficient for my 15- 17 years of life after that looking at 3-4 lakhs montly expenses then
Ans: With a planned retirement in 13 years and an estimated total corpus of around 7.5 crores, your goal of achieving a corpus of 10 crores by retirement seems achievable. However, it's essential to conduct a detailed analysis to ensure financial sustainability for the subsequent 15-17 years.

Consider the following factors:

Inflation: Account for inflation in your expense calculations to maintain the purchasing power of your corpus over time.
Investment Returns: Assess the expected returns from your current investments and future contributions to meet your target corpus.
Expenses: Review your anticipated expenses post-retirement, including healthcare, travel, and other lifestyle needs.
Contingency Planning: Build a buffer for unforeseen expenses or emergencies to safeguard your retirement corpus.
Regular Review: Periodically review your portfolio's performance and adjust your investment strategy if needed to stay on track towards your retirement goals.
Consulting with a Certified Financial Planner can provide personalized guidance tailored to your specific financial situation and retirement aspirations. With careful planning and prudent management, you can aim for financial security and peace of mind in your retirement years.
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Ramalingam Kalirajan  |1221 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 01, 2024

Asked by Anonymous - Feb 01, 2024Hindi
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Ramalingam Kalirajan  |1221 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 01, 2024

Asked by Anonymous - Apr 26, 2024Hindi
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Money
I'm 48 year old and a housewife. My husband is 52 and working in a restaurant with a salary of 24k p.m. I'm looking into investing with whatever remains out of this salary, approx. 5k (my daughter who is 22 year old is contributing a part of her income for household expenses). Please advise the best schemes/ MFs that we can invest into and also advise the procedure to MF as we have no knowledge about it. Also if my daughter can invest approx 5k-8k, what are the best plans for her to invest in SIP. Please advise. Thankyou.
Ans: It's wonderful to see your proactive approach towards investing and securing your family's financial future. Investing in mutual funds through SIPs can be a great way to start building wealth gradually over time.

For you and your husband, consider starting with SIPs in diversified equity funds or balanced funds that suit your risk appetite and investment goals. As beginners, it's crucial to choose schemes with a track record of consistent performance and managed by reputable fund houses.

For your daughter, she can also opt for SIPs in equity funds aligned with her risk tolerance and long-term financial objectives. Encouraging her to start investing early can help her harness the power of compounding and achieve her financial goals.

To start investing in mutual funds, you can approach a Certified Financial Planner or a mutual fund distributor who can guide you through the process, help you select suitable funds, and assist with the necessary paperwork.

Remember, investing is a journey, and it's essential to stay disciplined, patient, and well-informed along the way. With dedication and the right guidance, you can pave the way towards a financially secure future for your family.
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Ramalingam Kalirajan  |1221 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 01, 2024

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Ramalingam Kalirajan  |1221 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 01, 2024

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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