B.Com (Risk Management) - Importance of Risk Management in Business

B.Com - Risk Management

An undergraduate course in commerce will give a wide choice to students to purse career either in various domains of finance or go for higher education in commerce and management field. A student can chose to start career and grow up ladder slowly or acquire additional qualifications to give pace to career growth. CIMA is the world’s largest professional body of management accountants offering the most relevant accounting qualification for a career in business. If you are considering a career in business and finance, the CIMA qualification will open doors with employers all over the world. Increase your chances of career success by studying with CIMA to become a Chartered Global Management Accountant (CGMA). On completion of the CIMA qualification and becoming a CIMA member, you are automatically entitled to the CGMA designation. It will add global power to your CV, showcase your value around the world and demonstrate your business acumen, ethics and commitment.

B.Com Risk Management degree along with CIMA is one of the niche courses offered by Jain University. B.Com covers basic concepts like Financial Accounting, Business Mathematics, Business Economics, Marketing Management, Basic Taxation, Financial Reporting, Business Laws and Auditing. CIMA certification covers subject like Organizational Management, Management Accounting, Financial Reporting, Strategic Management and Risk Management with industry perspective. Students would need to complete Operational level, Management level and Strategic level to become eligible for certification.

Popularly known as risk management course, CIMA is a program which is generally done after B.Com or equivalent course by students who are proficient in finance. This program can also be done along with B.Com degree at Jain University as this will save time and add value to their degree and also enhance their chances of campus placements in any reputed organizations.

Risk management can be classified based on many factors. Some of these are the top factors are -
  • Business or Operational: Arising from people, products or processes
  • Country: Risk might be political or economic or regulatory instability
  • Environmental: May occur due to economic, political, socio-cultural, technological or legal changes
  • Financial: Credit risk, currency risk, interest rate risk, or liquidity risk
  • Reputational: Damage to an entity’s reputation as a result failure to manage
  • Strategic Risk: Risks restricting from the entity’s strategy and pose the greatest threat to the achievement of strategy

Comments

Post a Comment

Popular posts from this blog

Make your Career in Capital Market – B.Com (Capital Markets)

Image
Those are gone days when career in finance means just boring type jobs in bank, the new and changing world is bringing so many options in the field of finance. There are countless jobs emerging in finance sector with much excitement and challenges having risks as well as rewards. One of the fastest growing terms in world of finance is capital markets.  Capital Markets is becoming one of the booming sectors these days with huge career options for both men and women. Capital Markets (CM) basically is of three parts; issuers, investors, and investment dealers. All these CM parts are very essential parts of market and plays balancing roles for each other. This market mainly functions to raise funds for government and other companies by selling the security equities and bond-in which lots of money are invested by investors.  All the three parts – issuers, investor and investment dealer opens great career opportunities and require good knowledge of Math and Statistics ...
Read more

Career in Jewellery Design - B.Com Gems & Jwellery Design

Image
B.Com Gems & Jewellery Design is a unique course offered in only few selected universities / institutions for students who are passionate about arts. This course is more apt for people who are creative and also at the same time who would like to be entrepreneurs. As all the designs created are different and unique still they follow some school of art or inspired from some type of school of thoughts. Course is designed in such a manner that student after completion of course can differentiate stones, design themes and work out costing. Students will also get exposed of modern tools which are used to design jewellery, accessories and will also learn about Management, Finance and Marketing. There is a huge demand for designer and antique jewellery in our country as always India being one of the largest markets for Gold Jewellery. Whereas market for diamond and gems is not restricted to any country or continent as people from all countries use gems and diamonds as ornaments....
Read more

Bachelor of Commerce (B.Com) - Open Doors To Business Career

Image
Opportunities for Bachler of Commerce (B.Com) students are wide open. Students have option to pursue their family business, venture to job or look out for higher studies. B.Com is designed to enhance your ability to learn, and will provide you with the opportunity to develop career in Finance and Accounting domain. The skills, knowledge and experience you need to pursue a career within the business, government and private sectors can be acquired while pursuing this course. A degree in Commerce provides you with the scope to enter a wide range of business fields, reflected in the various majors offered within this degree or opt for higher studies in the area of interest. The course will equip you with the analytical, communication and problem-solving skills to effectively identify issues, source information and find efficient solutions.  Students will get to learn the basics of following: Finance Accounting Marketing Human Resources Management Economics Business ...
Read more