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POSTED: 09/06/2015 at 10:38pm  BY: Howayda Alame Comments (0) Comment on Post

Leadership programs are directed towards developing entrepreneurial traits in managers and employees. Although such qualities are inherited from ancestors, one can even shape individuals to be leaders in their respective fields. Such training programs have several components/topics that form the base of leadership. Experts cited the programs are essential for successful and effective organizational and personality development.

During the course, candidates are able to identify their strengths and weaknesses while exercise proactive steps to counter flaws. The evaluation process continues from time to time in-order to guarantee long-term success. Fail to proceed would make an organization sluggish, especially in today’s highly competitive market.

 

Defining Leadership

Defining the term “leadership” covers only a part of the big picture; training program! During the session, candidates actually learn core concepts and theories about leadership, what makes a good leader, why it exists in the first place and different styles. The session also proves to be a self-assessment ground as managers and employees all tend to see where they stand and what’s required to be a leader. Conflict management activities in team are the best practice to develop entrepreneurial traits within a person.

 

Delegation

It’s just another crucial part of leadership training program. Participants will get familiar with “how to delegate” as a leader and instil trust among followers. One may also learn how to devise strategic plans to achieve goal and to proceed with successful delegation every day.

 

Persuasive Charisma

Since childhood, we see leaders have an influencing personality and same goes in organizational terminology as well. Leaders must be persuasive but in a friendly and professional way; they mustn’t force subordinates into any wrongful act. That’s the reason training program also introduce “limitations/zones” of authority. One would learn subtle tactics, helpful for leaders to tackle any situation within a company’s micro-environment.

 

Effective Management

Another feature of the program is to introduce primary difference between leadership and management. Candidates are taught basic organizational structures and different types of managerial roles. Content usually covers fundamental management and leadership topics that are also taught in college and universities. How to remain supportive, execute authority and accurately structure employee work are a few covering grounds. Core management theories are also introduced that’s quite useful and rational when practiced.

 

Smooth Communication

A leader must’ve outstanding communication skills to clearly deliver their message among employee, employers and potential customers. Effective and smooth communication is also a vital component of leadership training program where candidates are taught the basics; listening, speaking and how to stay motivated. Communication also involves effectual feedback; if a leader doesn’t perceive this concept well, ineffective will be smooth two way communication.

 

Connection between Leadership & Organization

Leadership training directly impacts on organizational development. The more dedicated and skilful a leader, more prosperous will be the company and vice versa. For organizations and even internal staff to achieve long-term winnings, they must be adaptable to ever changing trends especially technology. Move with time and it’ll be lenient on you, one step back will bring doom!

Training also involves how to deal with micro and macro environmental factors while vesting enough freedom to let employees raise their voice for rights. Leadership Course and program in Dubai is considered second to none since it became the hub of domestic and international business. If you’re interested into training, might as well fly to the place!

 

Summary

In the light of above discussion, it can be concluded that there’s leadership training holds quite a value in today’s business environment without which organizations are bound to collapse.


POSTED: 09/06/2015 at 8:58pm  BY: Howayda Alame Comments (0) Comment on Post

Chartered accountancy or CA as it’s commonly termed is a globally recognised certification in accounting industry. Students who wish to pursue may continue enrolment right after high school, college or even after completing bachelor’s degree. Although it’s a highly professional certification, many aspiring students continue their Master’s degree even after that for better employment opportunities. Before getting enrolled in certificate program, you must be acquainted with the subjects as highlighted below.

Business management

It’s purely a theoretical subject based on business policies, tasks and procedures implemented within an organisation. This subject also deals with employee and employer relations along with how to deal with potential customers and clients. Case study usually involves a particular scenario to which students must provide a viable solution in light of business principles. To identify strengths, weakness, opportunity and threats of an organisation after comparison with budding companies and competing markets is another feature you’ll learn.

Statistics & probability

As accounting takes into account 60 to 70 percent calculation while remaining proportion is theoretical, statistics and probability helps build foundation for such concepts. You’ll learn differentiation, integration, organise and distribute data, business forecasts based on mathematical models so on. All of these features would help develop a sense of crafting business reports; manage financial data and resource allocation.

Computer studies

As IT has pervaded into everyone’s lives and shaped educational industry as well, basic to advance knowledge of computer and various accounting software is must. Computer studies give students a platform to work over various applications common in business corporations especially accounts and finance department. Take Peachtree for an example in which you only have to enter the numerals in fields and allow software to make necessary adjustments and calculations.

Communication skills

You may wonder about the connection between accounting certification such as CA and communication. Financial statements and data models based on accounting calculations must be explained theoretically to senior management and potential clients. This requires exceptional communication skills so as to relay information precisely. Even a fraction of miscommunication or ineffectiveness may result in a company incurring heavy loss or worse, total collapse if it’s in development phase!

 

Strategic management

It’s all about realising a company’s potential, defining vision and mission, craft strategies to achieve goals in most effective way. Strategic management can be somewhat technical as policy makers’ deals with mathematical models to formulate probable results for betterment of entire firm. This also involves financial data that covers budgets, assets, capital and other monetary elements.

Banking & finance

In-depth knowledge of bank operations and flow of money among different branches is crucial in accounting. When pursuing for CA courses in Dubai, institution would ask several questions about banking sector and its practices that are followed on local and international level. This particular subject is usually included in CA course curriculum.

Economics

Yet another subject is economics that’s often considered other end of the string. Subject covers demand, supply, resource allocation, asset deficit and surplus so on. All of these elements play an integral role in accounts industry and one must’ve a good grasp over them when pursuing for CA, ACCA or any other relevant accreditation.

Summary

These are a few subjects you should be familiar with before enrolling in chartered accountancy course.

To get more information on above subjects follow PWC Academy website and get latest ACCA syllabus and course information.


POSTED: 20/01/2015 at 10:10pm  BY: Howayda Alame Comments (0) Comment on Post

No doubt advance study is challenging, running away won’t gain you anything so read the article and face every situation with sheer confidence.

Just the thought of pursuing for higher education sends shiver down a spine; not because it’s challenging but quite an expensive endeavor. However as the world is shrinking and market competition is high, skipping it just because of financial matters isn’t a wise decision especially when it’s survival of the fittest. Like everyone, you’re probably facing the same concern so follow the given steps and find some good ways to remain in school.

Scholarships & Special Grants

Many high schools, colleges and universities offer scholarships to brilliant students having outstanding grade record. Millions of dollars are spent each year to help deserving people continue their education and bring an optimistic change within the society. Do remember that a thorough survey is performed by official teams to determine whether student is actually worthy or just a nag.

Scholarships and grants are usually bestowed upon academic merits, active sports member or dire financial needy. You can even browse several websites to see how each program and distribution works. Higher level education systems in UAE and probably all over the world are fostering quality learning via such curriculum.

Split the Amount & Education

A clever way is to divide education in two which will automatically reduce financial burden. Get yourself a first-class degree by attending a community or junior level college for the first two years without paying a full sticker price. Tuition fee is relatively low so you can save quite an amount and utilize it later to enroll in a PWC leadership program.

Loan Applications

Borrowing money from government and private institutions is another option. Being a student, you’re at an advantage as lending process isn’t quite sophisticated when compared with other debt sources. Still, it isn’t preferred to end your higher education with a load of debt, plan to get enrolled in a more lucrative field. This way, you’ll not just complete your education but come out clean with little or relatively no debt load. On the contrary, try speaking with financial aid officer within the learning institution you’re interested in for further clarification.

 

Don’t Quit Your Job

Many students nowadays, even those who just completed their mid-level schooling look for part time jobs to make both ends meet in these competitive times. Primary mission is to bear their own expense while save some serious buck for quality education. But a common flaw is; as soon as they start earning, the enthusiasm to pursue for higher studies diminishes.

Even if they’re admitted in a particular institution, quitting the job is yet another issue which again draws them back in the pit of financial debt. Think of it this way, quitting the job means you’ll delay paying monthly or annual fee with tuition. After all the hard work, you’ll revert back to the beginning.

Online Study & Work Opportunities

Internet boon has provided many options to work and study from home that not just save time but a splendid way to start a career. Distant learning programs are inexpensive as compared to the traditional study scheme while you get more familiar with online research. It’s a whole new learning experience which is to cater students struggling for better education and employment opportunities.

Originally, from Lebanon and currently based in Dubai, Howayda Alame is a qualified accountant and consultant. In her spare time, she works as a career counselor for various accounting institutes, including PwC Academy, the leading provider of CFA, MBA, ACCA courses for professionals. You may get help with PWC ACCA syllabus, MBA syllabus etc.


POSTED: 01/12/2014 at 9:16pm  BY: Howayda Alame Comments (0) Comment on Post

Certified Public Accountant (CPA) studies must’ve drained half of your energy as it’s quite strenuous. Only thinking about the end reward and a bright career is what keeps you going! Though you’ve many books at your disposal, Becker CPA Review Course is considered best of all. If you’re employed in big public accounting firms, either your employer paid for it or negotiated a discount which is great. CPA tuition fee accumulates to nearly $2,890 so obviously you don’t want this amount to slide down the drain! Here’s how to get the most out of the course.

 

Live Class V/S Self Study

Most candidates opt for the review course because of live class sessions. It provides them a chance of interaction with students while complex accounting concepts are solved immediately. Remember, not all Becker CPA courses are created equally such as live class don’t have a physical teacher but lecture is played either on a projector or DVD, similar to virtual learning. You’ll have a teaching assistant but his job is limited to check attendance rate and answer very simple questions.

In contrast, self study technique is strongly recommended by professionals or you can call Becker to determine whether live class policies are applied to your city/district. Students enrol in the session talk more rather than study which is a total waste of time, effort and money. Briefly, go for self study if you really want to pass CPA though a private tutor may suffice.

 

Make Notes

Lecture notes by Becker are pretty good! They’re comprehensive, concise and easily understandable while you can search online for sophisticated concepts. Again, making your own notes make quite a difference as you’re probably writing in a more comprehendible tone. Read, listen, write and rewrite in your own style help theories to sink deep inside the brain which you’ll probably never forget. Revision is necessary so think of it as a continuous loop.

All these notes are your best friends during the final exams however it’s advised not to take them in exam hall. A whole lot of fancy flash cards and cram courses are out there but nothing can be more helpful than your own style. So get ready to pass the exam and earn CPA certificate!

 

Do Your Homework

After every class, do your homework and revise everything to get a grasp over each concept. You may take a break for an hour or two as there’s no point in burning your brain-fuse! There’ll be lots of mistakes when doing homework for the first time or after every lecture but its natural, don’t get discouraged! Realize where you’re lagging behind and focus on strengthening it out but don’t slip other theories during the process. A quick revision right before the exam is good to keep the theories fresh.

 

Target One Year to Clear Examination

Here’s something to make you jump! Becker class is valid only for 12 months which means you’ve to take all four exams within this timeframe. If you’re not lucky enough, get ready to pay the entire fee once again, a true “Yikes” factor! Experts also advice that many candidates can’t finish the exam within one year so don’t go head over heels for discount bundle offer, only buy what you need preliminary!

Summary

Consult nearest educational institution and ask about Becker review courses. If employed and your current employer isn’t paying for the course, go for something less expensive.


POSTED: 13/10/2014 at 2:40am  BY: Howayda Alame Comments (0) Comment on Post

Picking the right career is the key to success. Read above to know how to pick the right career than right job.

Life is a tough journey, only when your decisions start going wrong. To stay safe and consistent, focus on your present resources and circumstances, to figure out the best possible choices and solutions, depending on your aims and ambitions. When it comes to career options, it’s time to take on good options and be firm on it. A good career choice is far fruitful than choosing a good job, it’s about selecting a path that would lead to better lifestyle and worthy destinations. Never go quick in working out your career options until you are too sure about it. Although, youngsters often have less time to select, decide or proceed with their career choices, but taking a year off and exploring about what you are good at is way better than jumping into the wrong pit.

Here are a few ways to dig on, whether a career you are going for suits you or not:

Look for breadth in your career choice:

Narrow down your options while choosing your career path isn’t a bright idea. Broadening up your options will help you better as you will be able to decide according to your trade, profession or interest and career choice. This way, you’ll be able to maneuver flexibly to settle your career choices one for all. Say for instance, if you want to be an astronomy physicist, why not go for a photography and writing course as well. You’ll excel while writing down your research and posting pictures according. Going for diverse options may require more efforts or study, but it will benefit you in the long run.

Work to your weaknesses and strengths:

No matter how strong you are at your chosen courses, you must look for your weaker areas to work on. You never know, when you’ll need some of your weaker attributes. Unfortunately, if ever you won’t be able to meet the mark, it may cause you a great deal of disruption and disappointment in your career growth and could keep you from progression. Thus, working on your strengths will take you to new heights.

Volunteering in new career:

If you are shaky about the career you are choosing, there’s nothing wrong in getting your hands dirty by voluntarily pitching in the line and see if its culture suits you or not. It’s more likely that you have to experiment this without any payment or stipends. You are lucky if your employer understands and pays you a little for your efforts, but expecting it will be odd. If you are able to handle the work thrown at you, you are more likely to win it along with appreciation and further job opportunities.

Discuss with people who work in your chosen career:

If you think, you need to dig further, discuss with the people working in your desired career. Ask them questions to beat your hesitations like, Do you enjoy working in this field? Are they happy with the growth? What’s next to top the line? Does this field offer you a balanced lifestyle? I’m sure, you’ll cross the danger and would feel better, once you have spoken with a relevant person.

Ultimately, it has to be your decision:

Never doubt your coaches, parents, friends or partners but ultimately they have different perspectives and you can never rely on their share. You must feel confident with the cloak you are trying or the shoes you strap on. They’ll never help you throughout your life for something that’s not their part. Never put off your decision by stories from people you don’t know much about. They say what worked best for them; you must not mix the keys. Keep the bag of hearsay to know both good and bad, but never lean your decisions over it. Say for instance, if you are thinking to proceed with CFA certification along with master of business administration, there is no harm, until and unless it’s not affecting your engineering grades.



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