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Financial modelling course beneficial for a CA?|Financial Modelling|Training Program- Saudi Arabia

Meritphase) It can be extremely useful or quite irrelevant, depending on what you want to do.Financial modelling is most useful if you are in investment banking or consulting. Understanding how a financial model should be designed and what basic hygiene factors to take care of could make you very efficient at what you do.

This course can also be quite beneficial if you are working in an organisation, especially in the finance management sector. It will also give you a good grip over MS Excel and other financial modules. Therefore, you will be able to better present your analysis/research findings or even other capital proposals.

On the other hand, if you are a tax consultant or an expert in litigation or audits, financial modelling may not be very relevant for you and you might want to put your time to a better use.

So, decide for yourself.

Many institutes give training for the Financial data modelling and one of them is Meritphase.com

Meritphase Training Provider

Meritphase is one of the fastest growing training facilitator in the world. Currently we cover Africa and Middle East, and trying to serve trainees from North America, Europe and Asia. Spread over 20 Countries and 35 locations, Meritphase has become first choice of trainees who is looking to make career in Financial Modeling, Digital Marketing, VAT, Six Sigma, and Business Analytics.

We do offer these courses in form of classroom learning, online training, and live webinars. All these courses are curated with the help of known academician, and leaders from the respective industry. Our courses are the perfect blend of theoretical and practical knowledge that makes a trainee perfect for professional works.

You won’t regret choosing this certification course. Many of my friends were very satisfied with the end and even got high paid jobs. The course is very good and effective. The concepts are explained with simple and real life examples by the faculty.

Hope this has helped you!

Visit Us: www.meritphase.com

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Financial modelling course beneficial for a CA?|Financial Modelling|Training Program- Saudi Arabia

Financial modelling course beneficial for a CA?|Financial Modelling|Training Program- Saudi Arabia

Meritphase) It can be extremely useful or quite irrelevant, depending on what you want to do.Financial modelling is most useful if you are in investment banking or consulting. Understanding how a financial model should be designed and what basic hygiene factors to take care of could make you very efficient at what you do. This course can also be quite beneficial if you are working in an…

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CQE Certification vs Six Sigma Black Belt?|CMQ/OE Training Program|Saudi Arabia

Meritphase) The CQE is definitely not as well known as most Six Sigma certifications, at least in many of the developing economies. However, intelligent hiring managers should see it for what it is, and will realize it is actually a really valuable certification. The certification is more focused than the Six Sigma certifications, for one. There are compelling reasons for someone who wants a career in quality to consider it. The Six Sigma certifications in many places are seen as project and change management credentials.

To talk specifically about manufacturing industries, it is more common to see a use for quality tools in regular quality decision making, than more advanced methods as are to be found in 6 Sigma. Many Black Belt trained manufacturing engineers have to understand a wide range of problem solving concepts and approaches and this does not necessarily apply to quality engineering, which is a bit more focused. Further, since a Black Belt role is for project leaders and managers, there is a chance that a quality engineer may be a contributor to such projects, than a stakeholder or manager.

As someone who holds the CMQ-OE credential, I think ASQ CQE and CMQ are good certifications to have on your resume, especially as ASQ carries weight internationally across manufacturing and other industries. However, recruiters are less well informed about the benefits of these certifications, and better accustomed to hiring Black Belts or Green Belts.

Many institutes give training for the Lean Six Sigma Green Belt and one of them is Meritphase.com

Meritphase Training Provider

Meritphase is one of the fastest growing training facilitator in the world. Currently we cover Africa and Middle East, and trying to serve trainees from North America, Europe and Asia. Spread over 20 Countries and 35 locations, Meritphase has become first choice of trainees who is looking to make career in Financial Modeling, Digital Marketing, VAT, Six Sigma, and Business Analytics.

We do offer these courses in form of classroom learning, online training, and live webinars. All these courses are curated with the help of known academician, and leaders from the respective industry. Our courses are the perfect blend of theoretical and practical knowledge that makes a trainee perfect for professional works.

You won’t regret choosing this certification course. Many of my friends were very satisfied with the end and even got high paid jobs. The course is very good and effective. The concepts are explained with simple and real life examples by the faculty.

Hope this has helped you!

Visit Us: www.meritphase.com

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CQE Certification vs Six Sigma Black Belt?|CMQ/OE Training Program|Saudi Arabia

CQE Certification vs Six Sigma Black Belt?|CMQ/OE Training Program|Saudi Arabia

Meritphase) The CQE is definitely not as well known as most Six Sigma certifications, at least in many of the developing economies. However, intelligent hiring managers should see it for what it is, and will realize it is actually a really valuable certification. The certification is more focused than the Six Sigma certifications, for one. There are compelling reasons for someone who wants a…

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Use of a Six Sigma Green Belt certification|Training Program|Saudi Arabia

Use of a Six Sigma Green Belt certification|Training Program|Saudi Arabia

Meritphase)- Lean Six Sigma Green Belt is a certification exam wherein contestants will get an introduction to tools and methods that are required to participate in DMIAC improvement projects. This certification focuses on the basic structure of DMAIC. By using up, the Six Sigma Green Belts typically lead data collection efforts and validate the measurement system on their project teams. They…

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CMQ(Certified Manager of Quality)|Training Program|Meritphase|Saudi Arabia

Meritphase) - Quality is a broad segment across all domains, sectors or businesses worldwide. There are Quality certification available for respective fields.

Most common Quality concept that is followed in multiple businesses/domains is Six-Sigma and Lean or Lean Six-Sigma. Lean Six Sigma is an improvised version that derives useful techniques from Six-Sigma and Lean Management practices.

Apart from above, ISO standards are opted by multiple domains. For Information Technology, ASQ is other certification authority. They provide CQI, CQPA, CQT, CRE, CQSE, CSQP, CQE, CQA, CQIA, CMQ/OE etc.

ISO have multiple sets of Quality Parameters for respective line of business and operations. Total Quantity Management (TQM) is famous too. And in some domains MBNQA are accepted.

There are few more certification but they are mostly limited to smaller range of domains. Amd few others are not really used in larger scale so mentioning those names would barely add any value here.

Forgive me if I have used a lot of abbreviations for certification names; but I know it for sure that one can search these in Google and get answers.

Hope you can find one that suits your field of expertise.

Best of Luck!

www.meritphase.com

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CMQ(Certified Manager of Quality)|Training Program|Meritphase|Saudi Arabia

Meritphase) – Quality is a broad segment across all domains, sectors or businesses worldwide. There are Quality certification available for respective fields. Most common Quality concept that is followed in multiple businesses/domains is Six-Sigma and Lean or Lean Six-Sigma. Lean Six Sigma is an improvised version that derives useful techniques from Six-Sigma and Lean Management…

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Six sigma Training | Six sigma green belt Training | Online Training Program|Riyadh,KSA

Meritphase SIX SIGMA is a data-driven approach or method that eliminates errors and defects in a process. This process could be the quality of a manufactured item or to meet the standard promised goals to the client. It is basically a set of tools and techniques used to improve unknown problems. Six Sigma Certification adds to your resume and is definitely something which the companies are…

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Six sigma course Jeddah KSA|MeritphaseSix Sigma Green Belt certification is more valued: ASQ or IASSC?

Meritphase ) The International Association for Six Sigma Certification (IASSC) is a Professional Association devoted to developing and upgrading the models inside the Lean Six Sigma Community. IASSC is the main autonomous outsider accreditation body in the Lean Six Sigma Industry that does not give preparing, tutoring and instructing or counseling administrations. IASSC sole encourages and conveys incorporated general Lean Six Sigma Certification Standards testing and Lean Six Sigma preparing program Accreditation. IASSC is focused on developing and upgrading the Lean Six Sigma Profession by perceiving professionally qualified people and associations. IASSC will persistently inquire about and portray the criteria by which the business perceives qualified Lean Six Sigma experts. We will convey professionally created exams that precisely and decisive measure a person's capability to the business norms.

By different measures, the IASSC and ASQ Lean Six Sigma Standards and Certifications are both generally regarded, perceived and used over the Lean Six Sigma Industry. The distinctions in the Bodies of Knowledge wind up noticeably clear when looking at the two models. The ASQ Body of Knowledge characterizes zones outside of what IASSC trusts the business considers standard learning necessities for an assigned professional. For instance, these zones incorporate, Enterprise Wide Deployment and DFSS, among others. However the Define, Measure, Analyze, Improve and Control (DMAIC) parts of the IASSC and ASQ Bodies of Knowledge are practically indistinguishable.

Read more here: Six Sigma IASSC or ASQ-Which One Should I Choose?

Get the course details here: Six Sigma Green Belt Certification

I hope it helps you!

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Six sigma course Jeddah KSA|MeritphaseSix Sigma Green Belt certification is more valued: ASQ or IASSC?

Six sigma course Jeddah KSA|MeritphaseSix Sigma Green Belt certification is more valued: ASQ or IASSC?

Meritphase ) The International Association for Six Sigma Certification (IASSC) is a Professional Association devoted to developing and upgrading the models inside the Lean Six Sigma Community. IASSC is the main autonomous outsider accreditation body in the Lean Six Sigma Industry that does not give preparing, tutoring and instructing or counseling administrations. IASSC sole encourages and…

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Quality Control Certification Courses KSA|QC course in Saudi Arabia|Meritphase|Difference between ISO 9000 & 9001?

Meritphase - ISO 9000 is a family of standards focused on quality management, put together through input from a wide spectrum of organisations and experts both in the public and private sectors. The ISO 9000 suite is intended to help organisations, no matter what size or industry, to become better managed, more efficient and more customer-focused.ISO 9000 is based around eight Quality Management Principles:

Process approach

Customer focus

Leadership

Involvement of people

System approach to management

Continual improvement

Factual approach to decision making

Mutually beneficial supplier relationships

There are multiple standards within the ISO 9000 family including ISO 9000 itself, which sets the tone by providing the fundamentals and vocabulary. The other standards cover specific points such as performance improvements, documentation and training. There is also ISO 9001, which determines the requirements of a Quality Management System (QMS).

ISO 9001 is the only standard within the ISO 9000 family that an organisation can become certified against, because it is the standard that defines the requirements of having a Quality Management System.

Check our Upcoming Training Program in Saudi Arabia.

Visit us : www.meritphase.com

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Quality Control Certification Courses KSA|QC course in Saudi Arabia|Meritphase|Difference between ISO 9000 &9001?

Quality Control Certification Courses KSA|QC course in Saudi Arabia|Meritphase|Difference between ISO 9000 &9001?

Meritphase – ISO 9000 is a family of standards focused on quality management, put together through input from a wide spectrum of organisations and experts both in the public and private sectors. The ISO 9000 suite is intended to help organisations, no matter what size or industry, to become better managed, more efficient and more customer-focused.ISO 9000 is based around eight Quality Management…

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Six sigma saudi arabia|six sigma certification|lean six sigma|Meritphase|use of a Six Sigma Green Belt certification

Meritphase - Six Sigma is a process improvement methodology and seeks to reduce defects and process variations, also there are levels within the six sigma paradigm which signify different levels of competency and experience required by a team member to effectively contribute in an improvement project using six sigma methodology.

Now coming to “Six Sigma Green Belt Certificate” Program, this is a certification designed to impart a student enough know-how of this methodology to be able to become a significant contributor in any six sigma process improvement project and even lead smaller improvement projects by him/her self, as a Green belt is familiar or must be familiar with all phases of DMAIC (the six sigma project management flow)

Typical Green Belts have more knowledge and experience that White and Yellow belts, but need guidance from the more knowledgeable Black(advanced) and Master Black Belt (experts).

These days industry uses Lean Six Sigma more as it integrates Lean with Six Sigma, and lean is value adding, waste reducing methodology perfected in Japan starting with Toyota; To do a program for Lean Six Sigma Green Belt one must select an institute which can really instill confidence and explain mechanics of real world lean six sigma scenarios with appropriate examples like that from ProSigma(www.prosigmaindia.com). The advantage here is the focus on individual student with ample support after the program.

ProSigma(www.prosigmaindia.com) also has a free Lean Six Sigma White belt certification to know more about Lean Six Sigma, the white belt program is a free/basic/intro program, but the Yellow belt and upward programs are Instructor Led and very interactive with all the Software tools being taught and real world work simulations. The program duration is excellent 54 hours, whereas most others are not even offering this with their black-belt (next level) program.

In Short a Green Belt program needs to be interactive so you can benefit from it, course content and course duration of the institutes needs to be checked, it must atleast be on an average 40+ hours as per various guidelines such as IASSC.

Let me also summarize various levels of Lean Six Sigma programs:

Level 1: Lean Six Sigma White Belt Certification: Intro level designed more as a power packed brochure and intro for stats, lean tools and for Lean Six Sigma Methodology in general. Knowledge is Power, can be done by anyone

Level 2: Lean Six Sigma Yellow Belt Certification: Ideal Basic program, with not a full DMAIC coverage, but enough basic stats, lean tools and knowledge to become a process improvement team member.

Level 3: Lean Six Sigma Green Belt Certification: Mid-Level program, with a full DMAIC coverage, high stats usage and lean tools knowledge to become a process improvement team member and lead small projects. 1-2 years of experience in quality domain is welcome, but not a prerequisite.

Level 4: Lean Six Sigma Black Belt Certification: Advanced program, full DMAIC coverage, excellent stats and lean tools, knowledge to become a process improvement team leader. 3–4 years of quality exp. or 1–2 years green belt exp. is desirable.

Level 5: Lean Six Sigma Master Black Belt Certification: Expert program, full DMAIC coverage and more, Leading and Understanding business, stats and lean tools deep knowledge to lead a process improvement group. 3–4 years of exp. with black belt, publications, blogging and project exp. must have to do this.

Hope the above puts Lean Six Sigma Green Belt Certification in the right perspective.

Check our Upcoming Training Program in Saudi Arabia.

Visit us : www.meritphase.com

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Six sigma saudi arabia|six sigma certification|lean six sigma|Meritphase|use of a Six Sigma Green Belt certification

Six sigma saudi arabia|six sigma certification|lean six sigma|Meritphase|use of a Six Sigma Green Belt certification

Meritphase – Six Sigma is a process improvement methodology and seeks to reduce defects and process variations, also there are levels within the six sigma paradigm which signify different levels of competency and experience required by a team member to effectively contribute in an improvement project using six sigma methodology. Now coming to “Six Sigma Green Belt Certificate” Program, this is a…

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Quality Manager Training Saudi Arabia|Quality Control Course Dammam|Meritphase|Why is the quality management system important?

Meritphase) The importance of quality management: Being excellent is the goal of many organizations. However, being excellent is complex and requires an alignment of multiple factors, among which, without doubt, having good quality management systems. Here I have given a detailed information regarding the importance of quality management and to know more, search “Meritphase” in Google.

First definitions of quality management systems

According to the Royal Academy of Language, quality is the property or set of properties inherent in something, which allow us to judge its value.

However, in the field of management, the term has evolved towards other definitions with different approaches.

If we talk about quality from the perspective of the client, we would talk about satisfying the expectations of this client or consumer.

If we focus on the technical characteristics of the same we would say that it is "suitable for use", "that meets the specifications or compliance requirements", etc.

In this line, it is understood by a quality management system, following the ISO standards, the set of coordinated activities to direct and control an organization in relation to quality.

It includes the quality policy, the quality objectives, as well as the planning, control, assurance and continuous improvement of quality.

8 principles of quality management

The ISO standards are the standards established by the ISO ( International Standardization Organization), to standardize production and control processes in companies and organizations.

In particular, the basic standard that regulates quality management systems is ISO 9001. This standard is based on eight principles of gement of quality:

Customer orientation

Leadership

Staff participation

Process-based approach

System approach to management.

Continuous improvement

Fact-based approach to decision making

Mutually beneficial supplier relationships

Advantages and benefits of having good quality management systems

In a generic way, a good quality management system helps us improve our competitive position and image both internally and externally.

Let's take a closer look at these benefits:

Improve the organization of the company . By helping us to systematize operations, innovations often occur that help us to make the company's processes more efficient. We not only refer to different ways of doing things, but also to possible cost savings, detect idle resources, steps of processes that do not generate value, etc.

It allows controlling the performance of the processes and the organization itself .

The quality management system helps us to better comply with the regulations related to our products and services.

Improves the training of company workers . By having more information about the processes, they know them better and can approach their execution in a more agile way, with less waste, etc. In addition, maintaining a good flow of information with the staff helps to increase the motivation and commitment of the staff .

The quality management systems take into account the requirements and expectations of the client, so their implementation has a positive impact on their satisfaction and, therefore, on their loyalty.

As a result of the above, the company is in a better position to achieve the following strategic and general objectives.

Improve the image of our products and services and, in the medium term, that of our organization . This improvement of the image affects a better market position with respect to the competition. It could even be a shock to start an internationalization trajectory if it were the case. Adopting a quality management system is to send a signal to all the agents that interact with our organization about our commitment to quality and continuous improvement .

Promote innovation and organizational learning .

Increase , after all, the competitive position of the company , its possibilities of sustainability over time and its leadership.

Quality Management Systems

We have already mentioned the one supported by ISO standards. Another interesting model to mention is the EFQM.

The European Model of Business Excellence (EFQM) is a non-normative model based on self-evaluation by the organization itself.

This self-evaluation evaluates the management system of the company based on criteria defined in the model.

Its principles are:

Result oriented.

Customer orientation.

Leadership and coherence in the objectives.

Management by processes and facts.

Development and involvement of people.

Continuous Learning, Innovation and Improvement.

Development of alliances.

Social responsability.

The EFQM model has nine criteria to evaluate, among facilitating agents (leadership, people, policy and strategy, alliances-resources and processes) and results (results in people, in customers, in society and key results).

Whatever the model may be, having a quality management system is currently essential to maximize our chances of survival in the market.

Check our Upcoming Training Program in Saudi Arabia.

Visit us : www.meritphase.com

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Quality Manager Training Saudi Arabia|Quality Control Course Dammam|Meritphase|Why is the quality management system important?

Quality Manager Training Saudi Arabia|Quality Control Course Dammam|Meritphase|Why is the quality management system important?

Meritphase) The importance of quality management: Being excellent is the goal of many organizations. However, being excellent is complex and requires an alignment of multiple factors, among which, without doubt, having good quality management systems. Here I have given a detailed information regarding the importance of quality management and to know more, search “Meritphase” in Google. First…

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Quality Control Course Saudi Arabia|Quality Manager Training|Meritphase|Which course is better for quality control & quality assurance?

Meritphase That depends on your field of endeavor, the particular discipline in which you work, or for which you are in training. Some schools may have formal classes in quality and quality management, and in others, you may have to devise your own path to the acquisition of the body of knowledge needed to work in quality assurance. If you are a university or college student, you should consult you advisor.

In general, the more you know of statistics and statistical analysis, and the more you know of measurement and test in your particular discipline, the better prepared you’ll be to deal with the nuts and bolts, the material end, of quality. Regarding the other, and more important, element in quality, dealing with the human element of quality issues, you can only rely on experience and your own capacity for interaction with the people involved.

Check our Upcoming Training Program in Saudi Arabia.

Visit us : www.meritphase.com