HOW TO CHOOSE A #CAREER

HOW TO CHOOSE A #CAREER

It is important to understand that choosing a career does not mean simply deciding upon the ultimate career profile. Rather, it is a continuous procedure and a student must choose a career at every step of the way. Whether he / she is deciding a stream in class 11, whether he / she is contemplating what course to pursue in college, whether he / she is deciding to pursue a post graduate degree, or whether the student is planning on what career profile to get into.

Therefore, one can follow the following steps to choose a career:

• Firstly, know your capabilities. What are you good at? What are your strengths? What is your aptitude? What is it that you do that doesn’t require unnecessary additional effort and you succeed in or perform that task quite naturally with much ease? If you are not quite sure of your inherent strengths then it is very imperative that you take an aptitude test and personality test to know your true potential.

• Secondly, draw a flow chart of your academic qualifications. What have you done? If you are a working professional then what has been your educational background right from the stream that you selected in class 11 to your last degree. If you are a class 11 or class 12 student then what stream have you chosen for yourself? If you are a college student, then what course are you pursuing currently and what stream did you have in school? Once this is clear, then co-relate your academic status with the options available to you. For example: If you are a class 12 student who has taken humanities stream, then what are the career optionsand course options available to you? If you are a working professional, then what are the career options that can be explored with your educational background?

• Thirdly, match / connect your capabilities with your academic status. For example: if you are a student of humanities, then you have so many multiple career and course options available to you. A person can choose from a myriad of careers in humanities. But not all of these careers will be the best fit career for an individual. This is because each career option requires different aptitude and personality combinations. That is why, it is important to connect one’s own capabilities with ones academic qualifications. This can be a little tricky as even though one may be able to figure out one’s aptitude and personality through psychometric tests like aptitude testing and personality assessment, however, it becomes quite a task to match ones strength with the requirements of the hundreds of career options available in the market. This is why the role of a career counselor is so important. A career counselor will not only be able to help you with your psychometric assessment, but, he / she will also be able to provide you with a proper career plan based on an analysis of your capabilities and correlating it with the career and course options available in the market.

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TERM OF THE DAY

Adjusted Gross Income

AGI. The amount used in the calculation of an individual's income tax liability; one's income after certain adjustments are made, but before standardized and itemized deductions and personal exemptions are made.

Example

You should know your adjusted gross income when filing for your yearly tax return in so you can calculate how much of your income is taxable.

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What is Distance Education?

#Distance_Education – This word is not unfamiliar for us in this era. As the word suggests, it is #education that we can get when we are in a quite large distance from the actual source of knowledge, by simply sitting at our own place, engaging in some other works. #Universities are considered to be the largest and highest institutions of higher #education in our country. There are quite high number of #Universities in #India. But sometimes people cannot go to these #Universities or #colleges to get their higher education because of a number of difficulties such as their personal reasons, social issues, economic issues etc. For such persons, #distance mode of #education is a great blessing, as they can get their #degree, post #graduation etc without spending much money if they are economically backward, without leaving their job if they are employed and also a variety of personal reasons.

As I said earlier, the number of Universities in our country is very large and more and more private institutes are applying for deemed university status, they are looking for getting money by simply offering some programs in #distance mode. They are “#degree / #diploma mills” just generating thousands of #degree certificates and giving that to students. The quality of #education we get from such institutions will be very poor. So, If you are thinking of joining any course through #distance_education mode, here are some important steps which you should keep in mind while choosing the right #university or institution.

1. QUALITY – Understand that we are giving our valuable years and hard-earned money to this institutions to develop our skills, knowledge and to get a great career, so always look for a quality program. Nowadays people select #distance_education courses from institutions which gives certificates without any hard exams or tough #assignments. If you are seriously looking for a good career, always look for quality courses from quality institutions.

2. STUDY MATERIALS – This is another important factor that need to be considered while selecting the institution and course. Try to choose the institution which provides the entire course material. I saw some of the study materials given by a #distance_education institute, which simply gave 2 small books and says to refer other books. That is a time consuming process to find reference materials they suggested.

3. FLEXIBILITY – In most of the cases, the #distance mode courses are chosen by #working_professionals who wants to enhance their subject knowledge and career. So it is good to choose a course that won’t affect your current work. If your job doesn’t give you the right to take a break for attending classes or exams, there is a chance of dropping out from the program.

4. COST – The bitter fact is that most of the #distance_education courses are costly. So it is always good to compare some #distance_education institutes before joining the course, but always stick on to the quality of #education.

5. STUDY CENTER NETWORK – It is always recommended to check whether the institute have a branch or contact point near by your area, otherwise communication with the institution will be cumbersome. Centralized communication will always create delays and issues.

6. CONTACT CLASSES – Even though the crux of #distance_education is self learning, it is good if the institution offers some contact classes in your city. This will immensely help the learners to clear their doubts by interacting with faculty and other students.

7. DURATION – Even if u were a bright student during your school or college days, you will find it difficult to complete your #distance_education course within stipulated time. This is because during your school or college days, #education was your primary focus, but now you have some other things having priority than education, may be your job, or may be your personal life ! So check whether the course provides you the flexibilty in the duration.

8. EXAM CENTERS – Please make sure that the institution have examination centers in your city. Travelling a lot of distance for writing the examination is not good and sometimes it won’t be feasible as well.

9. TRANSFER – For a working professional, its quite common to relocate to some other cities or states. If the institution where you pursue your course won’t allow you to change center, that will be a block for you from relocating. So better choose institutions having presence in all over the country and we can get transfer from one center to another.

10. Legal Status / Validity / Recognition – Even though I have given this point at the last, it doesn’t mean that this is having the low priority  Please make sure that the course and institution you choose should be valid and recognized by other institutions, private sector, public sector enterprises. Otherwise, your money and time will be wasted.

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Top 5 Tips for Managers for Effective Communication

The demand for managerial skills is on the upswing with diverse business domains in the present scenario. Managerial skills ensure that all resources pertaining to the business perform optimally, at every level and domain. 

Managerial skills are multifaceted and they need to lead the business resources, especially people to perform. As communication builds the channel to exchange thoughts, ideas and information, it forms the cornerstone of management-principles. Effective communication should make people listen. It should establish the “human connect”, which will evoke response from the people you are talking with. So, what underlies the communication techniques, which will turn your audience into active listeners?

1) Create the space for warming-up: As managers, it is important to understand that you are establishing “a connect” with humans, primarily their social instincts. So, your non-verbal communication should be: presenting a confident body language, a pleasant smile, and a zealous attitude. This can take you a long way in engaging with your audience.

2) Engage your audience: An amicable greeting in the beginning or a general question about their well-being would be the initial step in attracting their attention. You create a sense of empathy, when your start-up moves in a discussion/conversation are directed towards the other party. You have to listen first to make others listen.

3) Grab the attention of your audience: Once your audience is sufficiently engaged and listening intently, highlight the impacting keynote of your discussion that will leave a lasting memory on the group.

4) Use verbal tabs/cues/markers: While moving over from one topic to the other use verbal markers such as “Moving on to the next…” or “ Let us move to the next salient point”, and so on. These tabs rivet the attention of your audience by making them realize that they are into the next phase.

5) Review/recap: Once your discussion is over, review the important points and highlight them on the smart-screen or white board, if you have such props. OR, summarize orally. 

Give a finishing note to your listeners and give them enough time to assimilate, and clarify the doubts they might have.

Effective communication is all about keeping the audience engaged and making them absorb the key facts, effortlessly. For managers, communicative skills play a vital role in building relationship bridges, which can drive the performance of the team to optimal levels. 

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TERM OF THE DAY

delta

The change in price of a call option for every one-point move in the price of the underlying security. also called hedge ratio.

Example
If an underlying stock has a delta of 0.5, the call option will increase by $0.50 for every $1 increase in the stock.

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NSDC

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India set to become next open education superpower: National Skill Development Corporation

India set to become next open education superpower: National Skill Development Corporation

India is all set to become the next superpower in open education and skills, believes the CEO of National Skill Development Corporation, Dilip Chenoi.

"With the world's largest schooling and higher education infrastructures in open and distance learning system, the future of India's learning and development is obviously in the open space," Chenoi said during his Indira Gandhi National Open University (IGNOU) foundation day lecture here.

"India will be the next superpower in open education and skills," he said, even as he called for the education system to be designed in such a way that each graduate passes out with some certified vocational skills.

The above is "possible through a blended system that effectively combines open learning with vocational training and skill development programmes. For this, there is need to leverage the potential of institutions like IGNOU and NIOS," he added.

Chenoi also stressed on the need for greater public- private collaboration and global partnerships at a time when industries are looking for entrepreneurs and business leaders to come up from institutions like IGNOU.

IGNOU Vice-Chanellor M Aslam and AICTE chairman SS Mantha were also present on the occasion.

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