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Mayank

Mayank Kumar  |189 Answers  |Ask -

Education Expert - Answered on Mar 20, 2023

Mayank Kumar is the co-founder and managing director of upGrad, a higher EdTech company. With over 10 years of experience in the education sector, Kumar can offer guidance about degree courses, campus, job-linked and executive programmes and studying abroad.An MBA graduate from ISB Hyderabad, he holds a BTech in mechanical engineering from IIT Delhi.... more
m Question by m on Feb 20, 2023Hindi
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Career

IAM 51 YEARS OLD, MALE, wish to switch career to software kind, what courses i need to do now

Ans: Considering your existing skills and experience - you should be able to clearly put down some areas of focus for your career. For example, if you have experience in project management, you may be well-suited for a career in software engineering management. If you have experience in finance, you may be interested in a career in fintech. You could begin with understanding & knowing more product management
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Mayank

Mayank Kumar  |189 Answers  |Ask -

Education Expert - Answered on Jul 04, 2023

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Career
Hi, My name is manik acharya, B.sc graduate (10+2+2) system. My age is 48+. I have basic computer knowledge. What course can give me a suitable and stable career?. I have around 12 years experience in Business development and customer relationship in large medicine shop. I need your help.
Ans: Hi Manik, considering your background and experience, several courses can provide you with suitable/stable career options:

Certificate in Retail Management: Given your experience in business development and customer relationship in a medicine shop, a certificate program in retail management can enhance your skills and knowledge in the field. It will equip you with the necessary competencies to manage operations, inventory, sales, customer service, and team management in a retail environment.

Advanced certification in Digital Marketing: As technology continues to play a significant role in business growth, a detailed understanding of digital marketing can open up opportunities for you. It could take you through various aspects of online marketing, including search engine optimization (SEO), social media marketing, content marketing, and analytics, and can also be valuable for positions such as digital marketing executive, social media manager, or SEO specialist.

Certification in Business Analytics: With your basic computer knowledge, a certification course in business analytics can be a suitable choice. This program will teach you how to use data analysis techniques to derive insights and make informed business decisions. Business analytics professionals are in high demand across industries and can work as business analysts, data analysts, or market research analysts.

Certification in Project Management: If you have strong organizational and leadership skills, a certification in project management can be a valuable addition to your profile. This course will equip you with the knowledge and tools required to successfully plan, execute, and manage projects. Project management skills are in demand across various sectors and can lead to roles such as project coordinator, team leader, or project manager. The profession of project management has recently become one of the hottest jobs, not only in the tech market but across industries. Demand for project managers is growing faster than demand for workers in other occupations and by 2027, 90 million individuals will need to be skilled in project-oriented roles.
The PMP certification can help you land lucrative roles in IT, manufacturing, finance, healthcare, and other exciting industries.

Certification in Healthcare Management: Given your experience in the medicine shop industry, a certification in healthcare management can provide you with a career path in healthcare administration. It will cover topics such as healthcare policies, hospital operations, healthcare marketing, and healthcare quality management. It can lead to roles like healthcare administrator, clinic manager, or operations manager in the healthcare sector.

Remember, while pursuing any course, it's essential to consider your interests, long-term goals, and market demand for specific skills. Conduct thorough research on the courses mentioned above, and evaluate their curriculum, duration, and potential career prospects. It is very important to align your domain interest with the course you'd want to pursue to ensure maximum accuracy of career outcome. Additionally, should you wish to gain further insights/ guidance tailored to your specific needs, feel free to connect with any career counsellors at upGrad.
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Ashwini

Ashwini Dasgupta  |62 Answers  |Ask -

Personality Development Expert, Career Coach - Answered on Dec 12, 2023

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Ravi

Ravi Mittal  |169 Answers  |Ask -

Dating, Relationships Expert - Answered on Apr 18, 2024

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Relationship
My boyfriend tells about us to his parents his parents rejected our relationship due to intercaste and they also stop talking to him it's been 4 months his mother don't talk to him .He is in navy . And they also started searching girl for him . He want to maintain distance from me he is not happy he is stressed as his own parents are not talking to him And also maintaining distance to me he talks to me me but just because I can't live without him but he changes in behaviour what to do
Ans: Dear Shruti,

I am sorry that you are in this situation. First of all, please try to look at it from your partner's perspective. It isn't easy to confront your parents and it's even harder when they stop communicating altogether. Having said that, I also understand how it is for you. It is not fair, especially in today's day and age, to face discrimination based on caste.

You have two options:
One, you wait patiently, emotionally support your boyfriend, and hope that his parents come to their senses and realize that we are living in 2024, and caste-based discrimination is ridiculous. In this scenario, you do have to let go of your self-respect and have to face many more hardships, that much is guaranteed.

The second option is you hold your head high and move on. Yes, it isn't what you hoped for when you emotionally invested in building this relationship, but unfortunately, these things are still happening. In this scenario, you will be sad for a long time, but you don't have to compromise on your self-respect and you will move on and live to see happier days with someone who respects you and sees you for who you are and not your caste.

Now, the choice is yours.

Best Wishes!
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Ramalingam

Ramalingam Kalirajan  |606 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 18, 2024

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Money
Hi sir, i have total 10k for investment of which I'm currently investing 7000rs in icici prudential nifty 50 index fund for 15-20 years, and ready to put 2000 rs for investment.My goals is to earn a cagr of more than 15 percent with 10 k for 15-20 years with little risk. Also suggest some term insurance without good claim settlement ratio and coverage upto 1cr
Ans: Hello,

Given your investment amount and goals, here are some suggestions:

Investment Strategy:

Additional SIP:
Invest the additional ?2,000 in a diversified equity mutual fund to balance your portfolio.
Choose a fund with a track record of consistent performance and a lower expense ratio.
Goal of 15% CAGR:
While aiming for a CAGR of 15% is ambitious, it's crucial to understand that higher returns generally come with higher risks.
Opt for a combination of equity and debt funds to balance risk and return.
Consider small-cap or mid-cap funds for higher growth potential, but be prepared for increased volatility.
Term Insurance:

Coverage of ?1 Crore:
You can consider term insurance plans from reputable insurers that offer coverage up to ?1 crore.
Compare premium rates, features, and claim settlement ratios before choosing a plan.
Claim Settlement Ratio:
Look for insurers with a high claim settlement ratio, indicating their reliability in settling claims.
Avoid insurers with a history of low claim settlement ratios or negative reviews.
Remember, while aiming for higher returns, it's essential to assess your risk tolerance and invest accordingly. Diversify your investments across asset classes and regularly review your portfolio to ensure it aligns with your financial goals and risk profile.

Consult a Certified Financial Planner for personalized advice tailored to your needs and financial situation.
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Ramalingam

Ramalingam Kalirajan  |606 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 18, 2024

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Money
Hi Sir, This is Murugan, from Chennai, working for an IT company. I have started to invest in NPS for the past 7 months (4216?, 10% of my basic salary) for my retirement plan. My take-home salary is ?60,000 (after NPS deduction). I don't have a debit. I would like to invest ?20,000 for my future and also for my child's (4-year-old) education purposes (long-term plan). Please suggest any ideas to achieve my goal. Thanks, Murugan.
Ans: It's great that you've started investing in NPS for your retirement. To achieve your goal of investing ?20,000 for both your future and your child's education, consider the following suggestions:

SIP in Mutual Funds:
Allocate a portion of ?20,000 towards SIPs in mutual funds. Opt for diversified equity funds for long-term growth potential.
Choose funds based on your risk tolerance and investment horizon.
Child Education Fund:
Create a separate fund or invest in child education-specific mutual funds or SIPs for your child's education.
Start a recurring deposit or systematic investment plan (SIP) to accumulate the desired amount by the time your child starts higher education.
Emergency Fund:
Set aside a portion of your monthly income for an emergency fund, aiming to accumulate 3-6 months' worth of expenses.
Consider a liquid or short-term debt fund for this purpose.
Insurance:
Ensure you have adequate life and health insurance coverage for yourself and your family to protect against unforeseen events.
Review & Adjust:
Periodically review your investments to track performance and make necessary adjustments.
Increase your investments gradually as your income grows.
Remember to maintain a balanced approach between equity and debt investments based on your risk tolerance. Consult a financial advisor to create a personalized investment plan tailored to your financial goals and situation.
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Ramalingam

Ramalingam Kalirajan  |606 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 18, 2024

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Money
i have worked in 5 different companies from 1992 to 2012 and contributed to EPF and EPS. i have UAN number. Last company i worked and contributed to EPS was till aug2012, Now the company is closed the operation and not updated my service records from 1992.How to get it done? please guide.
Ans: To update your service records and correct the discrepancies in your EPF and EPS contributions, follow these steps:

UAN Portal Login:
Log in to the UAN (Universal Account Number) portal using your UAN and password.
Verify your personal details and check the service history available.
Contact Previous Employers:
Reach out to your previous employers from 1992 to 2012 to obtain your PF account number and passbook or statement.
Request them to update your exit date and contribution details if they haven't already.
EPFO Grievance Cell:
If your previous employers are unresponsive or the company is closed, raise a grievance on the EPFO (Employees' Provident Fund Organisation) portal.
Provide details like company name, dates of employment, and UAN for quicker resolution.
PF Regional Office:
Visit the nearest PF regional office with necessary documents like ID proof, service certificates, and bank passbook.
Submit a written request to update your service history and contributions.
Legal Assistance:
If the above steps don't yield results, consider seeking legal assistance to resolve the issue.
Regular Follow-up:
Follow up regularly with EPFO or the grievance cell for updates on your request.
Keep copies of all communication and documents for future reference.
Remember to keep your communication polite and professional, and maintain records of all interactions for documentation. It may take some time to resolve, but persistence should help you correct your service records and contributions.
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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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