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Coalition Calls For Regulating All Bitcoin Markets To Combat Ransomware

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An international coalition called the Working Group against Ransomware , RTF for its acronym in English, published a document on Thursday, April 29, with 48 recommendations to counter data hijacking on a global scale. The body asked, as a priority measure, to regulate all bitcoin and cryptocurrency markets in general.

The guidelines were discussed for months by 60 experts in information security, governments, public organizations, private companies and civil society. The goal of the report called “Fighting Ransomware ” is to establish a unified and “aggressive” campaign against hackers .

The RTF considers that, within all the suggestions made, there are some that should be accelerated as soon as possible to prevent this crime from continuing to increase . In relation to exchanges and platforms for the exchange of cryptocurrencies, the body indicated:

“The cryptocurrency sector that allows ransomware crimes should be more regulated. Governments should require exchanges, kiosks (BATM), and over the counter (OTC) trading ‘tables’ to comply with existing laws, including Know Your Customer (KYC), Anti-Money Laundering (AML) and Anti-Money Laundering. the Financing of Terrorism (CFT) ».

Bitcoin and Cryptocurrency Tracking Against Ransomware
The researchers also targeted cryptocurrency mixers as a tool used by criminals “to hide the identity of the owners” of crypto assets. In other words, the report explains that criminals “muddy” the network’s accounting by mixing legitimate traffic with illicit funds obtained by hijacking information.

The use of private currencies like Monero was also mentioned in the report. However, according to analysts, these have not been as widely adopted as bitcoin for ransomware payments , for example, because “they are not as liquid.”

One striking aspect of the document is that it generalizes by saying that cryptocurrencies are difficult to track . However, it also talks about the fact that there are blockchain analysis services that serve to understand which entities are conducting transactions with each other.

Another of the analysts’ concerns is that cryptocurrencies are considered “borderless.” According to the report, it has been the community itself that has built a set of technologies that reduce compliance costs and the transfer of funds.

The decentralized nature of cryptocurrencies was also questioned by the authors of the report. According to the research, reducing the threat from hijackers goes through increased global cooperation due to this particular aspect of digital assets. The foregoing is deduced since the regulators would be more adapted to the audits of centralized entities.

Ransomware as a computer crime
The ransomware or data hijacking was one of the biggest computer crimes during 2020 , as recently reported to CriptoNoticias, Pamela Clegg, director of research and training firm blockchain analysis, CipherTrace.

In these cases, hackers enter companies’ systems. Subsequently, they encrypt as much data as possible and then demand a ransom to decrypt it , that is, if the victim pays the required amount, the criminals “release” the hijacked information.

The RFT was formed in January 2019 by the Institute of Security and Technology (IST). Its guidelines are suggestions for governments and it is made up of companies and federal agencies of the United States. Some are: Chainalysis, CipherTrace, Amazon Web Services, Microsoft, the FBI, and the Secret Service.

Lola Karimova-Tillyaeva and Timur Tillyaev support UCLA Mattel Children’s Hospital during the pandemic

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Lola Karimova-Tillyaeva and her husband Timur Tillyaev are committed to helping children from deprived backgrounds, and have been doing so for almost two decades. Way back in 2002, the couple recognized an urgent need in their homeland of Uzbekistan. They decided to act and this is how the You Are Not Alone Foundation was born. Reacting to the challenge posed by COVID-19 in their hometown of LA, Lola Tillyaeva and Timur Tillyaev are also helping out by providing economic support to the UCLA Mattel Children’s hospital. This help arrived at a critical point as specialist equipment is in desperate need due to the pandemic.

Lola Tillyaeva and Timur Tillyaev’s support for charities

What first ignited the couple’s determination to act was the plight of orphans in Uzbekistan. Initially, they contributed funds to improve the care at orphanages and care homes across the country. After seeing how profoundly such interventions improved the lives of Uzbek children, they set themselves more ambitious goals. These days, You Are Not Alone is responsible for designing, constructing and outfitting purpose-built facilities right across the sprawling nation of their birth. Tashkent Mercy Home No. 23 offers one recent example. The 2.5-hectare site includes, a medical unit, three residential buildings, a conference room, a library, a sports centre, three swimming pools, a conference hall designed to host up to 250 people, a dining hall for 230 people, and an amphitheatre with a large stage.

To complement these services, Lola Tillyaeva and Timur Tillyaev’s foundation also operates in the fields of education and health. Lola and Timur provide university scholarships for talented students. As the couple explain: “Education is at the heart of everything the You Are Not Alone foundation does”.

You Are Not Alone is also involved in numerous programs to provide medical care to those in serious need. One of the most notable initiatives is the direct purchase of equipment for medical institutions. For instance, recognizing a need at the Perinatal Centre in Tashkent, they provided a range of equipment including, x-ray systems, cardiac monitors and ultrasound machines. The positive impact on patient care was deeply felt. Another strategy has been to form partnerships with other NGOs which bring more specialized expertise. For example, they’ve teamed up with the French organization, Association La Chaîne de l’Espoir (Chain of Hope). In this way they can assist children with chronic cardiac conditions. As Timur Tillyaev has said, “for the past two decades my wife and I have been involved in various charity projects in Uzbekistan and internationally to support the vulnerable and enable initiatives that help people”.

Life-saving equipment to UCLA Mattel Children’s Hospital

More recently, they have responded to the ongoing COVID-19 pandemic in the U.S. by helping to address shortages at the UCLA Hospital System. 

The couple’s commitment to helping those in need, especially children, continues today. Timur Tillyaev is currently on the board at the UCLA Mattel Children’s Hospital. As he explains, “I believe that by giving children the best opportunities, we are investing in a better world”.

Grow your eCommerce Business with These 6 High-level Marketing Tactics

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Wondering how to market your e-commerce site among the new competition added every day, then keep on reading for six high-level marketing tactics that can drive your sales and grow your E-commerce business exceptionally.

With the e-commerce industry growing year after year, keeping the business optimized with marketing strategies is getting more critical. While it looks rather pretty easy but to execute those strategies requires tactics that can drive the e-commerce business to its highest level of growth. 

To go the extra mile for customers, e-commerce companies give them first-time buyers incentives. This e-commerce marketing approach is a proven tactic for driving brand awareness. It is the practice of generating awareness for an e-commerce business using email, pay-per-click ads, and SEO, thereby surprisingly achieving more revenue and higher conversions every year.

Here we are mentioning how you can market your online store and discover ideas that can level up your business and manage to stand out in the crowd.

Search engine optimization 

SEO can identify and target keywords for your website if you are struggling to rank in the search engine results. This strategy can help to attract the audience to your e-commerce website and increase the ROI of your e-commerce business. A salesforce marketing cloud consultant ensures online retailers focus on immediate gratification and pick keywords for their specific niche. Updating content and using SEO tools like Plugin SEO can help you to notify you of any SEO errors you make and ensure you’re always optimizing correctly.

Pay-per-click ads 

Using pay-per-click ads has been recently one of the biggest sources of revenue for e-commerce businesses. While any advertising requires you to pay to drive your sales, Facebook advertising is getting more creative with their advertising and targeting more options to generate sales for online vendors. 

Using Google Ads, you can set certain keywords to let visitors find what they are looking for in their ad-based shopping platform. So, make thorough use of it and evolve over the coming years.

Social media Platforms

While we are not ignorant of its popularity, social media platforms are a great opportunity for an e-commerce business to spread its word. Considering the high number of people using these platforms, you can reach your targeted market through them. Share your e-commerce products, events, and promotions on these social media sites. 

This approach is a high-level marketing tactic that can position your e-commerce website as a valuable source and get the best engagement to help you maintain consistency and balance in your marketing activities. 

Every platform has a specific target audience like you get more sales from Pinterest and Facebook while serving a B2B audience with the LinkedIn platform. So, figure out which platforms are worth pursuing and use social analytics tools to look in-depth at your customers. Then you will be able to optimize your e-commerce business and build trust among potential customers.

Content marketing

While content marketing is an effective strategy that can serve multiple purposes, creating quality content that can boost your ranking is extremely important. So, for that reason, try to experiment with different types of available content and consider increasing your chances of gaining loyal customers. Additionally, you can also pick content based on who your audience is and lead them through the funnel by creating a more personalized experience. 

To stand out with content marketing, create content with familiar concepts within your niche and add a twist to recreate the viral content. Thus, you can improve your e-commerce business performance and have the highest impact on long-term growth.

Email marketing

When it comes to email marketing for the e-commerce business, it can drive the fastest traffic and sales. With a solid content marketing strategy, this high-level marketing tactic can help expand your digital footprint worldwide. It has the best features and metrics to check the purchases, clicks, and traffic, thus building a massive email list. 

The real magic in email marketing comes with the help of an email funnel that increases brand familiarity and builds funnels for your abandoned cart emails. You can complement your email campaign by adding a powerful component – by sending automated text messages to remind your clients of their abandoned baskets, you’ll ensure that your reminder is seen, since SMS texts have guaranteed open rates of 98%.

Collaborations

Brand collaborations or partnerships are the newest entrants in the marketing channels. It allows you to elevate your business by co-creating content. This strategy is known as influencer marketing and works particularly well if you are a startup and want to make a big bang within your industry. 

This marketing tactic showcases your products well and represents your brand positively, thus helping you get more pageviews back to your website. So why not leverage another brand’s audience without having to offer something extravagant in return.

Conclusion

With so many effective e-commerce marketing tactics, we hope you can likely rank higher than your competitors and improve your conversion rate in 2021. Just nudge your prospects to move down your sales funnel by using the right strategies and outperform other retailers. So, with a complete makeover and minor improvement, boost your sales and drive qualified traffic to your e-commerce site. There is no such thing as the best strategy. Just discover which will work for your store and make sure you are making the most of it.

5 Great Tips for Live Casino Players

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In the past decade the internet has made casino play more accessible than ever before. Instead of having to travel to a large, purpose-built casino, roulette, blackjack and baccarat fans can play their favourite games at bestcasino.co.uk from the comfort of their own homes.

Playing on your phone or computer in the relaxed setting of your own home can however, make you forget one of the key reasons we play these games – to win money.

In this article, we will share with you 5 great tips that can help to keep you focused on the end goal of growing your bank balance. Read on to find out what they are…

#1 Research Your Provider

There are hundreds of Live Casino websites out there vying for your business, so don’t settle for the first site that you find.

Be sure to shop around, paying particular attention to two things: customer reviews and welcome offers.

The first should go a long way to assuring you of the safety and customer service credentials of your potential new Live Casino. If you find a plethora of one-star reviews chastising the company for withholding funds, poor software or non-existent customer service, give them a swerve.

Once you have found a couple of decent, trusted sites be sure to check out their welcome offers and bonuses for new players. On average, the cost of acquiring a new customer to a business is $70, so remember your value.

If the welcome offers are stingy then look elsewhere, it won’t be hard to find another site with an enticing offer that can set you on your way to making profits.

#2 Don’t Drink

The majority of large casinos offer free food and alcohol to their guests as long as they are actively playing table or slot games. When people visit big casinos for the first time and find out this fact they are usually overcome with excitement, but they shouldn’t be…

There’s a very good reason that casino operators choose to have this policy and it is because alcohol makes people lose their inhibitions, making them much more likely to bet frivolously and play for longer.

Unfortunately for online Live Casinos, they don’t have the option to offer their customers’ free drinks so don’t do their job for them. Even if you’re only playing slot machines, you still need to have a clear head for decision making.

If you win big, treat yourself with a few drinks after you’ve finished playing, but try to avoid drinking and playing and if you don’t, just make sure that you don’t get wasted. Whilst playing tipsy isn’t advisable, it is still better than playing when you’re blind drunk.

#3 Research House Edge

If you’re an experienced casino visitor you’ll most likely be aware of house edge, which is what allows casinos to turn profits.

If you haven’t heard this term before, it is used to describe the money that a casino will win on average from each game.

For example, most slot machines have a house edge between 3% and 6%, which means for every $100 wagered they will make a profit of $3 – $6.

If you’re playing slots, the house edge should be stated in the description of the game and when it comes to table games like blackjack, a quick Google search should give you a good idea of what to expect.

If your sole aim when playing with a Live Casino is to make money, then make sure that you mainly play games with as low a house edge as possible.

#4 Strategize

There is a common misconception amongst the public that casino games are all a matter of luck and chance which is simply not true.

Of course, the house edge prevents players from consistently winning every time they join a table game of spin the reels on a slot.

However, you can reduce the effect of the house edge significantly if you employ a tried and tested strategy.

For casual players, blackjack has a house edge of between 1.5% and 2.5%, however if you use something like the Martingale Strategy or the Fibonacci Method you can reduce that figure to as little as 0.05%.

This is true not just of blackjack but of all the major table games that you will find at a Live Casino, so before you sit down to play, spend some time researching a tried and tested strategy.

#5 Bet Little & Often

Practice makes perfect, so if you want to get better at your favoured casino game you will need to play as often as you can.

The best way to do that is by wagering the lowest stake possible when you take a seat at the virtual table.

Tempting as it may be, wagering $1 instead of 1 cent can actually be counterproductive in the long-run. Sure, you’ll have more money in the bank if you win, but if you don’t your bankroll will diminish pretty quickly.

So whenever you decide to play a table game for the first time, pick the lowest wager possible which will allow you to acquaint yourself with the game and fine tune the strategies that you have researched.

Now you’ve made your way through our 5 great Live Casino tips, it’s time to start your research so you can move toward maximising your profits and having way more fun when you play casino games online.

German Regulator Warns That Binance May Be Fined For Stock Tokens

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Germany’s Federal Financial Supervisory Authority (BaFin) warned yesterday, April 28, that cryptocurrency exchange Binance may have to pay a fine for launching share tokens without a prospectus for investors.

As reported by this media outlet, Binance launched fractional share tokens for Apple, MicroStrategy and Microsoft on Monday this week, in addition to the tokens for Coinbase and Tesla that were already operating.

The German regulator pointed out that Binance’s failure to publish a prospectus on the exchange’s website represents a violation of the European Union (EU) Securities Law. This could see the popular cryptocurrency exchange face a fine of 5 million euros , which is equivalent to $ 6 million or 3% of the turnover it recorded during 2020.

The government entity pointed out on this issue, that “investments in securities should only be carried out on the basis of the necessary information.”

BaFin has reason to suspect that Binance is selling shares in Germany in the form of “share tokens” without offering the necessary prospectuses.

BaFin.
Tradable share tokens are a new type of asset that Binance has been offering to users of its platform since last April 12. These are tokens backed by shares of companies listed on the stock exchange, which the exchange allows to acquire in fractions .

This action seems to start a trend and has already been copied in Latin America by the Argentine exchange Decrypto. This exchange recently launched tokens representing the shares of Google, Apple and Microsoft, among others.

Binance agrees to follow BaFin’s requirements
Jessica Jung, Binance’s Global Head of Public Relations, said the exchange intends to comply with its various jurisdictional regulatory requirements, and will take steps to remedy the matter.

The executive assured that “Binance takes its compliance obligations very seriously and is committed to following the requirements of the local regulator wherever it operates.” “We will work with regulators to address any questions they may have,” he added.

Other European regulators also have their sights set on Binance’s tokenized shares, as CriptoNoticias recently reported.

Days ago, BaFin had said that “if the tokens are transferable, can be traded on a cryptocurrency exchange, provide dividends and are settled in cash, they could be classified as securities (security).” BaFin therefore considers that the companies that offer them should publish a prospectus as if they were traditional shares.

Three Things that Lenders Consider When you Apply for a Secured Loan

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First, what is a secured loan?

A secured loan, also known as a second charge mortgage or homeowner loan, is a loan which is secured against as asset – usually your home but buy to let properties can also be used. The money can be used for any reasonable and legal purpose and it is repaid monthly over a term of between 3 and 25 years.

Using an online secured loan calculator will give you an understanding of how a secured loan would work and an estimate of the costs involved.

What do lenders consider when you apply for a secured loan?

The equity available in your property

Before the lender reviews your financial circumstances, they will need to look at your property. They will consider the value of the property and the amount of equity that you hold (the proportion owned outright by you).

If you already have a mortgage on the property then the lender will take this into consideration when working out how much you can borrow. There will be a maximum loan to value (LTV) which is the maximum percentage of the property’s value that you can borrow.

An example:

Your property is worth £300,000 with an outstanding mortgage balance of £165,000. This means the current LTV is 55%. If the secured loan lender is operating on a maximum LTV of 70% then you can borrow a further 15% of the property’s value, so £45,000.

Your income and outgoings

One of the main things that lenders consider when reviewing your secured loan application is your income and outgoings. This is because you need to make monthly repayments with a secured loan and they need to assess whether you can afford this.

They will look at all of your income sources, whether you are employed or self-employed, and they will look at all of your regular outgoings. This includes your mortgage payments, any other debts where you make regular payments, and your monthly bills. This will determine whether or not you can afford to make the secured loan repayments on top of your current monthly expenditure.

Your credit score

Lenders will also consider your credit score and history. They will look at how you’ve managed loans in the past in terms of the amount you’ve borrowed and whether or not you’ve made all of the repayments.

Unless you have a particularly poor credit rating, you should still get a secured loan even if you’ve had issues in the past. This is because the loan is secured against an asset (your home) so the lender has a way of recuperating the funds if you don’t repay it. However, the better your credit history, the better interest rate you’ll be offered (usually).

Beginner’s Guide to Trading

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Those who want to earn a fortune on stock trading may find education crucial. Knowledge helps you to build a winning strategy for investments, open a trading account at the proper place, and choose the type of investment. This guide was created to walk you through the primeval rules of trading. Read it to become more confident in your actions.

  1. Choose the Broker

Start your work by opening your brokerage account. Make sure that the stock brokerage you choose has a reliable reputation. Don’t hesitate to search for information about the company before you sign up for it. The Internet is filled with millions of reviews from happy or angry clients, which you may find helpful. Make sure you are working with the best. Consider the next factors:

  • The fees the brokerage asks from you as a commission. Many of them offer free-of-charge trading;
  • Professional website and user-friendly mobile app;
  • Research tools that you can use;
  • Educational articles and materials available for clients;
  • Positive reviews of clients and reputation of the brokerage on the market. You may either go with Charles Schwab and Fidelity or pay attention to the newcomers like SoFi, Robinhood, or WeBull.
  1. Research the Stocks

After you open the account, you may start buying stocks. However, the question about which stocks to buy concerns even the most experienced traders from time to time. Each trader usually has their own strategy when it comes to choosing stocks. You may find numerous pieces of advice from experienced brokers online. Usually, they recommend beginning with exchange-traded funds or ETFs. These funds provide you with the package of stocks if you don’t know which company to choose. They replicate Nasdaq, S&P500, and Dow Jones indices. You can also extend your portfolio with bonds and other assets, apart from stocks.

  1. The Type of Trade

You always have a choice when it comes to the type of order you want to use. The basic types are:

  • Limit orders don’t have to be implemented immediately. They provide you with control over the price you want to pay;
  • Market orders. They must be performed immediately for the most profitable price that is offered at this very moment.
  1. The Price for Trade

You have to take control of your budget but be ready to overpay. Pay attention to the expenses, the money you have to pay to buy stocks and trade or hold them. The commission fee is a part of these expenses, and you have to ask for it from the brokerage. Even if your brokerage does not have a fee, there are expense ratios. They are the funds that are under the control of the person who receives the percentage of assets of the funds yearly. Don’t forget about risk tolerance that must be considered beforehand.

Begin Your Trading

After you learn everything you need, you have to start acting. The new knowledge will come with time anyway. All you have to do is to calculate your chances, pick the best brokerage, and act. Choose your strategy and don’t hesitate to change it when you learn more.

How to Invest in Stocks with Small Money?

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The stock market has done incredibly well lately, posting historic gains. These gains are fueled, in part, by a massive surge in so-called “retail investors,” small-dollar investors who are getting more involved in the stock market and in making purchases. This begs the question: How can people get involved in the stock market, even if they don’t have a ton of money?

The Stock Market for Beginners

If you are new to the stock market, it can be summarized like this: Purchasing stocks are a way for you to partially own companies. Seriously. That’s what stock is: It represents a small share of ownership in the company, allowing you to potentially share in the profit – or loss – of that business. You’ll make a purchase depending on the share price at the moment. You can then sell your share at a later date. The goal, of course, is that the value of the stock you purchase will increase, allowing you to turn a profit when you do decide to make a sale.

How to Invest in Stocks with Little Money

To be clear, there is no guarantee with any stock market investment that you will make money. Of course, it is possible that you will lose money. That’s why the first thing you should do is do your homework and find the best stocks to buy now. Research can be a lifesaver and make sure that you only make strong financial decisions that can protect your bottom line.

According to the financial experts at Money Morning, there’s a relatively easy strategy to adhere to here: “We simply recommended buying the best stocks on the market and holding them over the long term.”

Once you have done your research, there are many strategies you can take advantage of. If you don’t have enough money to purchase an expensive share, you may be able to buy fractional shares of a company. This allows you to buy less than a full share, but will still enable you to make a partial purchase.

Set aside a certain amount of money every month, and invest that money in the market on a regular basis. This is basically the same thing as putting money in a savings account but will allow you to always put money into the market.

Too concerned about making the right investment decisions? Instead, invest in a mutual fund that roughly aligns with your financial goals. Even with a small investment on a regular basis, you can turn your research over to a stock market expert that will invest your money into an appropriate fund. This can help ensure that you invest your money appropriately and that the decisions are made by financial experts that know the stock market and understand your financial goals.

As you can see, thanks to technology and the structure of the stock market, there are plenty of ways to make money on the stock market, even if you don’t have a lot of money. Just make sure to do your homework, research the company that you are investing and make investments that align with your financial goals.

What is Accountancy? Types of Accountancy

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Accountancy or accounting is the process of maintaining the income and expenditures of a business. Accountancy was formed thousands of years before and the concept of double-entry bookkeeping and debits and credits was organized in 1494 by Luca Pacioli.

Accountancy is like a large machine that we put raw financial information into records of all our business transactions, taxes, projections, etc. that then spits out an easy-to-understand story about the financial state of our business. Accountancy tells us whether or not we are making a profit, what our cash flow is, what the current value of our company’s assets and liabilities is, and which parts of our business are actually making money.

Bookkeeping is a process of abstracting and recording financial transactions. When the data is provided in reports for the use of individuals or companies outside the organization, then the process is called ‘financial accounting’.

Importance of Accountancy

The process of financial accountancy is important because it deals directly with a company’s money, specifically all the expenses and income related to its day-to-day business operations and investments. That information can be recorded incorrectly, not at all, or improperly cataloged.

Every transaction requires be recording and accounting for accurately so that a company’s financial statements are accurate. Inaccurate reporting may lead to severe problems for a company, implying it may not be able to pay its debts, or money set aside for investing is not available.

Accountancy vs bookkeeping

Accountancy and bookkeeping overlap in many ways. Some say bookkeeping is one aspect of accountancy. But if we want to break them apart, then we could say that bookkeeping is how we record and categorize our financial transactions, whereas accountancy is putting that financial data to easy use through analysis, strategy, and tax planning.

Types of Accounting

There are several types of accounting range from auditing to the preparation of tax returns. Accountants need to expertise in one of these fields, which leads to the different career routes mention below:

  • Financial accounting
  • Public accounting
  • Government accounting
  • Forensic accounting
  • Management accounting
  • Tax accounting
  • Internal auditing

How to get the best accountancy services

There are many accounting and consulting firms (like MJH accountancy) that offer professional accountancy services. We need to be very careful when choosing the accounting and consulting firm so that we can get the best accountancy services for your business.

Consider the things while choosing an accounting and consulting firm which are mention below:

  • Certification and Experience
  • Quality Assurance
  • Flexibility

The accountancy cycle

Accountancy starts the moment we enter a business transaction any activity or event that involves our business’s money into our company’s ledger. Recording business transactions is a way that is a part of bookkeeping. Bookkeeping is the initial level of what accountants call the “accountancy cycle”. A process intended to take in raw financial information and spit out accurate and steady financial reports.

The accountancy cycle has six major steps:

  1. Record and analyze transactions (maintaining invoices, bank statements, etc.)
  2. Post transactions to the ledger (according to the principle of double-entry accounting)
  3. Serve an unadjusted trial balance (this includes listing all of our business’s accounts and figuring out their balances)
  4. Prepare to adjust entries at the end of the period
  5. Prepare an adjusted trial balance
  6. Prepare financial statements

Conclusion

Accountancy is the process of classifying, measuring, processing, analyzing, recording, and reporting the financial information of a business.

Advantages of a part-time MBA in Singapore

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Obtaining an MBA helps graduates to adjust to the fiercely competitive Singapore market and get better employment chances in leading companies. Those who are enthusiastic about a MBA, yet are busy with work can opt for a part-time course that can provide them with some great benefits. Read on to know why taking a part-time Business and Administration masters programme is worth giving a try.

1. Work and study balance

Choosing an on-campus course requiring daily attendance comes with some painful limitations, such as being jobless or working part-time. Even if you get a part-time job besides the studies, it may be not enough to cover your expenses. Unfortunately, a full-time study programme impedes you from getting employed on a full time basis and getting a high salary. A part-time MBA course offers a more flexible schedule, allowing you to perfectly combine academic and professional lives. The part-time MBA takes a couple of months more than the full attendance one, yet it allows you to earn a decent living and be financially independent.

2. Convenient practical skill application

Another nice thing about following a part-time MBA in Singapore is the possibility to put the acquired knowledge into practice fast and conveniently. You get the chance to implement the knowledge at your full-time workplace, which will serve you as a lab where you can improve and polish your fresh practical skills. Moreover, having such a lab will help you avoid forgetting the theoretical material, which happens often when it is too large and complex. While the university provides good research and practical opportunities, implementing your skills directly in a real life job is a priceless experience.

3. Less stress

While a full-time MBA allows one to gain a large amount of knowledge in a short period of time, it is often accompanied by stress and anxiety. This option suits you if you are stress-resistant and absorb knowledge fast. However, there are graduates that may find it hard to handle big chunks of information, falling easy prey to stress. They are definitely better off to go for a part-time course. Being extended in terms of time, the course allows students to assimilate and process the acquired knowledge in detail until they reach full comprehension. After all, when the knowledge is coming like an avalanche, you may find it hard to handle it. It’s much easier when the information flows slowly being provided at longer and convenient intervals.

4. Earn employer’s respect

Employees who are working and taking a postgraduate degree at the same time score much respect in the eyes of their employers. While some of you may think that a studying worker may get the employer angry, it goes the opposite way. The employer will appreciate the determination and effort to combine the job and a MBA. Motivated and hard-working employees are valuable for their superiors, as they associate it with productivity, efficiency and company growth. That’s why, aside from being appreciated, you have a good chance to be promoted to a more prestigious position after completing the MBA programme. Not to mention the advanced business skills you gain during the course that makes you a desired employee for many companies.

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