Thursday, June 17, 2010

Career in Event Management


Event management is about organizing a professional and focused event for a target audience. It involves visualizing concepts and planning, budget, organizing and executing events, such as fashion shows, musical concerts, corporate seminars, exhibition, among others.

Your Earning
Remuneration in this field varies according to the type of event managed. A trainee can get around Rs 15,000 a month. Meanwhile, the head of an event management company can earn in lakhs, depending on the scale of the events.

Skills:
1. Public relations skills.
2. Marketing acumen.
3. Budgeting skills.
4. Mastery over conceptualizing and planning events and implanting plans.
5. Risk management ability

Training:
No specific qualification is required. Graduates with good PR and networking can join. Some institute offer specialized diplomas and advanced diplomas in event management. However, some of the event management firms may prefer candidates who have an MBA degree.

Important Links
1. Event Management Development Institute, IES Management College, Mumbai, www.emdiworld.com
2. Indian Institute of Event Management, Mumbai, www.niemindia.com
3. Amity Institute of Event Management, Noida, www.amity.edu/aiem
4. International Center for Event Marketing, New Delhi, www.eventmanagementindia.com

Monday, June 14, 2010

ICWAI (Career in Cost Accounting)

The ICWAI examinations are held in three stages Foundation ,Intermediate and Final. A candidate may appear for the Foundation examination (two time in a year June & December) after passing twelfth standard examinations and completing coaching either postal or oral.. The students are tested in Organisation and Management Fundamentals, Financial Accounting Fundamentals, Economics and Business Fundamentals and Business Mathematics and Statistics Fundamentals .The Foundation is waived in the case of gazetted officers, post graduates, qualified engineers holding a degree and graduates from other streams . They are generally allowed to register with the institute for the intermediate examination.
For the intermediate exam, there are eight papers Cost and Management Accounting, Information Systems and Technology, Business Laws and Communication Skill, Business Taxation, Management Accounting-Performance Management, Advanced Financial Accounting, Auditing, Quantitative Methods. For the Final exam, there are eight papers-Operation and Project Management and Control, Advanced Financial Management and International Finance, Strategic Management and Marketing, Strategic Tax Management, Management Accounting-Decision Making, Management Accounting-Financial Strategy and Reporting, Cost Audit and Management Audit, Valuations Management and Case Study. The syllabus covered in the entire course includes book keeping and accountancy, production, productivity, cost effectiveness, cost accountancy, business mathematics and statistics, business and economic laws, principles of management, auditing, tax laws and tax planning, quantitative techniques and methods of cost and management accountancy.
The institute has made it mandatory for registered candidates to undergo coaching either directly or through correspondence and training, before appearing for the examinations. The duration of the course through correspondence is eighteen months. With a view to bridge the gap between theoretical knowledge and to emphasis practical orientation training requirements for ICWAI students have been presented as given below:-Intermediate:-1.Group Discussions - 2 nos.2.Business Communication Seminars 2 nos. 3.Computers hands on 50 hours Final:1. Dissertation 5000 words. 2.Computer Hands on 100 hours 3.Modular training 15 days 4.Audit / Industrial training 6 months