Archive for June, 2009

Entry Level Finance Jobs – the First Rung

Tuesday, June 30th, 2009

Having said this, with the aid of a specialist recruitment firm that possesses expert knowledge and experience in the area of finance recruiting, entry level candidates have an increased chance of reaching that first rung. Quanta is certainly a good example of a company, which possesses the resources and human capital required for providing effective recruitment solutions for entry level finance candidates. Since the company was incorporated in 1992, the company has been providing recruitment services to many companies within the finance sector.

Furthermore, their extensive clientele base also includes some of the world’s best known brand names. Quanta also builds and maintain close relationships with top finance management. This allows Quanta to obtain immediate visibility on new positions and it gives Quanta the ability to source those few companies which have entry level positions on offer. All this implies that with Quanta assistance, entry level candidates are almost guaranteed of a successful recruitment outcome. Regardless of whether a finance candidate is looking for an IT role within the finance sector, a banking role or either permanent or contract role, Quanta can provide them with the necessary assistance. Quanta’s team of fully trained recruitment consultants are fully dedicated to providing candidates with a customized recruitment service which meets their exact requirements.

It is also worth mentioning that Quanta has some of the most sophisticated and advanced back office tools within the industry. This gives Quanta a competitive advantage over other recruitment agencies; an advantage they can pass on to their finance candidates. Quanta is one of the few recruitment agencies which provide post-recruitment support and guidance to their candidates. The Quanta candidate care program is the embodiment of this fact. The program was designed to ensure that candidates make immediate positive impact and progress within their new roles. This is especially useful to the entry level finance candidate because the fast-paced finance work environment will certainly call for some sort of support.

Streamline Your Finances With Passive Income

Sunday, June 28th, 2009

he secret to be happy ever after? Simple, finance the happiness, earn as much as you can, or marry somebody who can do it for you.

If you are eligible for the later category and believe in making merry on somebody else’s account, this finance advice is not for you. However, if you have failed to locate the rich one for you or are enforced by destiny to work your way around the financial management mystery, read on, because there is a crucial secret in store.

Money is important and this is a proven fact, which is not dependent upon any referrals for validation. Considering the relevance of the concept, therefore, all aims must be targeted at increasing it, to whatever levels. As the wise men said, beg, borrow, steal, but do whatever you can. In our case, we would suggest focusing on the key finance source and at the same time, working out an alternate earning source, by way of passive income.

What is passive income?

Passive income is a form of earning, which is irregular and does not requires dedicated effort from the earner. That is, it is a financial source, which once created, can be left in the hibernation mode, to generate funds. As apparent from the concept definition, passive income acts as a prudent extra earning source, which keeps adding on to the financial inflow.

How to earn it?

Passive income can be earned in a number of ways. In fact the earning options in this category, owing the tremendous popularity of internet as the preferred communication channel, have multiplied exponentially.

Online presence, currently serves as the most crucial form of passive earning. Create a website, add the desired zing flavour to it, attract reasonable traffic and forget about it. But before forgetting, make sure to list with internet advertisement managing sites, like Google ad sense, which will pay for the popularity of the portal.

Income from property or rental finance is the next listing in the category of passive income. While you might think that the investment itself is to large a component, checking out the available options in this category, can clear doubts. India presently is undergoing a massive construction drive, with societies and community centres coming up in every nook and corner. Investing in these newly constructed dwellings usually requires manageable deposits and even easier monthly instalment, which in turn can be bank financed. It is thus a matter of few years, post which the investment would perfectly fit in as a source of passive income.

Pension – Nothing much can be done here, you’ll have to wait to get retired, unless of course early retirement options are applicable.

Indulging in businesses like network / affiliate marketing, wherein initial effort yields desirable finance oriented results, over a number of years.

Other options in the passive income category are dividends / interests from shares / securities, book royalty and any other business, which does not, seeks active participation.

Microsoft to Buy Yahoo? What Does it Mean for the Search Industry?

Sunday, June 28th, 2009

Nothing ever remains staid for long in the realm of internet search. Only this afternoon, a little-known firm called Microsoft, is interested in building its online advertising empire with the acquisition / merger (depending on what report you read) of another little company you may have heard of, called Yahoo!

This is indeed, big news! Its, what is known in the finance market, a “Whopper!” of a news story! But what does it all mean and who benefits?

The benefits from this news are apparent from today’s NASDAQ figures. The market was so buoyed by the rumour, that the Yahoo! share price jumped a massive 19% from $5.19 at opening to $33.37 within minutes of the news being released. A quick glance at Bloomberg also shows that this is the greatest jump Yahoo! has seen in 4 1/2 years! If I were a Yahoo! shareholder I’d be dancing in the streets just now!

Interestingly, the news didn’t do much for Microsoft’s share price which were down slightly by 1.7% to $30.47 (at time of writing). Doesn’t this seems strange? Well it is on the face of it.

However, despite recent efforts to break into online advertising, Microsoft have struggled to make headway against the current search engine of choice: Google. This means that software remains Microsoft’s biggest profit driver, and spending the whopping amount of $50billion to acquire a company in the area you’re least experienced – not to mention least profitable – makes people nervous.

Especially city people!

Chris Cathcart, finance vertical strategist for bigmouthmedia said of the proposed deal:

“Recent years have not been kind to Yahoo!, and their growth has been slowing down. Last quarter, their revenue growth was 7% – the first time its been below 10% in five years. This deal will be good for both them and Microsoft as the deal will take Microsoft’s online market share (in the US) from 12% to 38.5% in comparison to rival Google’s’ 48% market share.”

However, it’s all yet to be seen if any deal is actually going to transpire as both Yahoo! and Microsoft are giving the media the traditional “No Comment” response. On a personal level, I hope it does go through: its been a while that anything this exciting happened in the markets – let alone the search engine industry.

And its good to see Microsoft getting back into the things they’ve been renowned for in the past, with the return of their in-famous “Can’t beat ‘em, Buy ‘em!” attitude. The difference is this time they are taking on a big dog! And big dogs often bite!