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Mayank

Mayank Chandel  |1991 Answers  |Ask -

IIT-JEE, NEET-UG, SAT, CLAT, CA, CS Exam Expert - Answered on Apr 10, 2023

Mayank Chandel has over 18 years of experience coaching and training students for various exams like IIT-JEE, NEET-UG, SAT, CLAT, CA and CS.
Besides coaching students for entrance exams, he also guides Class 10 and 12 students about career options in engineering, medicine and the vocational sciences.
His interest in coaching students led him to launch the firm, CareerStreets.
Chandel holds an engineering degree in electronics from Nagpur University.... more
Aayushi Question by Aayushi on Mar 27, 2023Hindi
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Career

Sir , please suggest some good career in commerce othe than ca

Ans: Hello Ayushi,
Here are few options in commerce other than CA:

CMA (Certified Management Accountant): CMA is a professional certification in management accounting and financial management. This certification is offered by the Institute of Management Accountants (IMA).

CS (Company Secretary): A Company Secretary is responsible for ensuring that a company complies with all legal and regulatory requirements. It is a highly respected profession in the corporate world.

CFA (Chartered Financial Analyst): CFA is a professional designation offered by the CFA Institute that measures the competence and integrity of financial analysts.

Financial Planning and Analysis (FP&A) Analyst: FP&A analysts are responsible for analyzing financial data, creating financial models, and providing insights to help businesses make informed decisions.

Investment Banking: Investment banking is a highly competitive field that involves helping companies raise capital, providing financial advice, and facilitating mergers and acquisitions.

Management Consulting: Management consultants help businesses improve their performance by analyzing their processes, identifying areas for improvement, and implementing strategies to achieve their goals.

Actuary: Actuaries use statistical models to assess and manage financial risks, such as insurance risk or investment risk.

Financial Risk Manager (FRM): FRM professionals specialize in managing financial risk for banks, insurance companies, and other financial institutions.

Financial Analyst: Financial analysts are responsible for analyzing financial data, creating financial models, and providing insights to help businesses make informed decisions.
Career

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Archana

Archana Deshpande  |99 Answers  |Ask -

Image Coach, Soft Skills Trainer - Answered on Dec 10, 2024

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Career
I am Commerce graduate in which areas can I make my future what are field open for me
Ans: Dear Shree!

Commerce graduates have many career options, I am listing some of them for you-
1.Company Secretary (CS)
A program that teaches corporate governance, company law, compliance, and secretarial practices
2.Chartered Accountant (CA)
A career that involves auditing, taxation, accounting, financial planning, and consulting
2.Investment banker
A career that involves developing financial assets for customers or organizations, and obtaining finance for corporate operations, acquisitions, and mergers
3.Cost Management Accountant (CMA)
A prestigious professional credential that is considered one of the highest-paying career options for commerce students
4.Chartered Financial Analyst (CFA)
A career that involves financial analysis, variant bonds and derivatives, types of portfolios, and investment management
5.Cost accountant
A career that involves assessing cost information, making and maintaining an expenses database, managing cost information, and preparing budget reports
6.Certified Public Accountant (CPA)
A career that involves managing the accounting, reporting, taxation, and auditing processes for businesses, clients, and the government

Some more options for you..
Financial Analyst, HR Manager, Economist, Financial Planner, Actuary, Market Research Analysts, Bank PO (Probationary Officer), Tax Consultant, Teaching students

Can you see the options and the opportunities that are available for you??
You can also focus on further studies too… amassing knowledge and skills can also be your goal.Focus on acquiring wisdom, spend time and energy on worthy tasks, become mentally and physically strong!


Hope this helps… all the very best!

..Read more

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Ramalingam

Ramalingam Kalirajan  |7838 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Feb 05, 2025

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Money
Hello Sir, this is Dhiraj DM, I am 48 year's old married with no kids, we have any flat worth 1. 5 cr given on rent around 50 lakhs of equity 20 lacs mutual funds we want to retire in next 3 years,please guide. We live in a metro no liability, we r into Gifting business now want to retire in next 3 years
Ans: Your retirement is just three years away. You have built a strong foundation with real estate, equity, and mutual funds. Now, the goal is to structure your investments for steady income, security, and long-term sustainability.

1. Assessing Your Current Financial Position
Flat Worth Rs. 1.5 Crore: This generates rental income, but liquidity is limited.
Equity Portfolio of Rs. 50 Lakh: Market-linked investments with potential for high returns but volatile.
Mutual Funds of Rs. 20 Lakh: Offers diversification and moderate risk exposure.
No Liabilities: This is a strong advantage for financial freedom.
Gifting Business: If planning to exit, ensure business-related finances are sorted before retirement.
2. Estimating Post-Retirement Income Needs
Calculate expected monthly expenses, including medical, travel, lifestyle, and emergency costs.
Factor in inflation, as expenses will rise over time.
Consider long-term costs such as medical care and home maintenance.
3. Structuring Retirement Income
Rental Income as a Fixed Source
Your flat generates rental income, which helps with stability.
Consider reinvesting this income for further growth.
Portfolio Rebalancing for Stability
Equity exposure is beneficial but risky close to retirement.
Shift some funds to low-risk instruments for safety.
Keep some allocation to equity to combat inflation.
Maintaining Liquidity for Emergencies
Create an emergency fund of at least 2 years' expenses in liquid assets.
Avoid relying solely on investments that require selling in volatile markets.
4. Health and Insurance Planning
Ensure comprehensive health insurance for both of you, at least Rs. 15-20 lakh coverage.
If you hold any old insurance policies with low returns, consider restructuring them.
Create a separate healthcare fund for long-term medical expenses.
5. Tax Efficiency in Retirement
Structure withdrawals smartly to reduce tax burden on capital gains.
Use tax-free instruments where applicable.
Rental income is taxable, so deduct maintenance expenses to lower tax outgo.
6. Planning Investments for Retirement Income
Avoid complete reliance on fixed-income instruments, as they may not beat inflation.
A mix of mutual funds, debt instruments, and systematic withdrawal plans (SWP) will ensure steady cash flow.
Keep some investments growth-oriented to sustain wealth over decades.
7. Estate and Legacy Planning
Prepare a clear will to ensure smooth asset transfer.
If you plan to donate or support causes, structure funds accordingly.
Finally
Ensure liquidity and stability in your investments.
Reduce risk in equity but keep exposure for growth.
Maintain a dedicated healthcare fund and strong insurance coverage.
Structure investments to minimise taxes and ensure steady income.
Plan legacy and succession to avoid future complications.
Would you like a detailed plan on how to allocate your investments for steady retirement income?

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner

www.holisticinvestment.in

https://www.youtube.com/@HolisticInvestment

...Read more

Pushpa

Pushpa R  |49 Answers  |Ask -

Yoga, Mindfulness Expert - Answered on Feb 05, 2025

Asked by Anonymous - Feb 04, 2025Hindi
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Health
My sister is recently diagnosed with second stage of breast cancer. She is always emotional and moody. Can I introduce her to yoga or meditation? Can yoga help her cope with the fear and uncertainty?
Ans: I'm very sorry to hear about your sister’s diagnosis. This is a challenging time, and emotional support is just as important as medical treatment. Yes, yoga and meditation can help her cope with fear, stress, and uncertainty by bringing mental peace, emotional strength, and relaxation.

How Yoga Can Help:
Reduces Anxiety & Fear: Gentle yoga and deep breathing activate the parasympathetic nervous system, which helps in relaxation and emotional balance.
Improves Sleep: Many cancer patients struggle with sleep. Yoga Nidra and slow breathing exercises can promote restful sleep.
Boosts Positivity: Meditation and mindfulness help shift focus from fear to inner peace.
Strengthens the Body: Light yoga can help reduce fatigue and improve overall well-being during treatment.
Recommended Practices for Your Sister:
Breathing (Pranayama): Anulom Vilom (Alternate Nostril Breathing) and Bhramari (Humming Bee Breath) calm the mind.
Gentle Yoga Poses: Child’s Pose, Butterfly Pose, and Legs-Up-The-Wall Pose promote relaxation.
Meditation & Yoga Nidra: Guided meditation can help ease emotional distress and bring hope.
Encourage her to consult a yoga coach for personalized support. With the right guidance, yoga can become a healing companion in her journey.

R. Pushpa, M.Sc (Yoga)
Online Yoga & Meditation Coach
Radiant YogaVibes
https://www.instagram.com/pushpa_radiantyogavibes/

...Read more

Pushpa

Pushpa R  |49 Answers  |Ask -

Yoga, Mindfulness Expert - Answered on Feb 05, 2025

Asked by Anonymous - Feb 04, 2025Hindi
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Health
Mam, can yoga help prevent cancer in women? Please advice
Ans: Yoga cannot guarantee the prevention of cancer, but it can play a supportive role in maintaining overall health, reducing risk factors, and improving well-being. Many studies suggest that regular yoga practice helps reduce stress, improve immunity, balance hormones, and promote detoxification—all of which may lower the risk of cancer in women.

How Yoga Can Help:
Reduces Stress: Chronic stress weakens the immune system and increases inflammation, which can contribute to disease. Practicing meditation, breathing exercises, and relaxation techniques keeps the body in balance.
Boosts Immunity: Gentle yoga poses improve blood circulation and support the lymphatic system, which helps remove toxins from the body.
Balances Hormones: Hormonal imbalances may increase the risk of conditions like breast and ovarian cancer. Regular yoga helps maintain a healthy endocrine system.
Supports Detoxification: Twisting poses and deep breathing help the body eliminate waste and toxins.
Recommended Practices:
Pranayama (Breathwork): Anulom Vilom and Bhramari help calm the nervous system.
Yoga Poses: Cobra Pose, Twists, and Forward Bends improve digestion and circulation.
Meditation & Relaxation: Yoga Nidra and mindfulness reduce stress and promote healing.
For personalized guidance, consult a yoga coach who can create a practice suited to your health needs.

R. Pushpa, M.Sc (Yoga)
Online Yoga & Meditation Coach
Radiant YogaVibes
https://www.instagram.com/pushpa_radiantyogavibes/

...Read more

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