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Mentoring program serves young women in business

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Mentoring program is a formal relationship between a mentor and a protégé, in which the mentor helps the protégé achieve clearly defined goals.Simply put, mentoring is the process in which people help others set important goals and develop the skills to reach them. In its purist sense, mentoring is about supporting and developing the all-around growth of a less experienced individual, not just making them better at their job. The program affords seasoned business professionals the opportunity to share their experiences with less experienced individuals.

This program boost the number of women in corporate boardrooms is tapping 100 executives from top businesses in New York to mentor young women.The effort to increase the number of high-level female executives was announced Monday at a New York City event hosted by Sen. Kirsten Gillibrand. Executives from IBM, Citigroup, Time Warner and Macy’s will volunteer for the program, which will start next month and will be open to women who are between two and seven years out of college.

Partnership for New York City chief executive officer Kathryn Wylde, who took part in the announcement, said that though there are many women in business, they don’t have the same professional networks that help young male executives on the rise. He added that they didn’t have a well-defined ‘old girls’ network and the boys are on the golf course and the women are often either at their desk or taking care of family responsibilities. The women don’t have the same kind of professional network and support system and the partnership is involving both female and male mentors, in part because of necessity.

There are currently 15 female chief executive officers among the companies listed in the Fortune 500, according to the nonprofit organization Catalyst. Research released this month by Catalyst found men were more likely to reach senior executive positions than women across all career profiles. Making the announcement with Gillibrand and Wylde was Council for Urban Professionals executive director Chloe Drew. The program is a collaboration between the two groups and was initiated by Gllibrand. The Partnership is identifying the 100 mentors and the Council is identifying 100 young professionals.

Employers interested in hiring women and promoting diversity can work with womenforhire.com and participate in their local job fair events. The government is involved in creating synergies for women and government initiatives and you can look up that details at Green Jobs for Women.

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Mentoring program serves young women in business

22. October 2011 by Hafubb
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Banking sector – a vast and promising future

A bank is a financial institution and a financial intermediary that accepts deposits and channels those deposits into lending activities, either directly by loaning or indirectly through capital markets.
A bank is the connection between customers that have capital deficits and customers with capital surpluses.
Banking today is a niche career for enthusiasts in the field of commerce and accounts.
For the beginners, it is the first step towards understanding the global economy, discovering the challenges of the marketplace and identifying themselves with a career that provides them with tremendous opportunities, both within the country and abroad.
With new banks coming up every year owing to the privatization of services, the industry indeed provides sufficient room for graduates in any field.
If you are a student of BCom, you can get placed as a sales executive for loans, mortgages and insurance with any of the leading banks. All you need is good communication skills. Similarly, if you hold an MBA in finance from a good b-school, you can expect to be placed as a relationship manager.
The salary packages are accordingly decided.
Banking is a career that offers opportunities to students from all streams, be it humanities, commerce or science. However, to make a career in banking, you must be good at analyzing numbers, that is, your mathematics must be strong enough to interpret and analyze numerical data.
You must be prepared for the Banking Entrance Exams and for the interviews that follow these entrance examinations.
It is quite obvious for people to mix up between a course in finance, accounts and banking as these are highly related areas.
Job in a banking sector is one of the most common options for those who are new to the market. Still, this field has a high scope for those who know their accounting and finance can help them in any situation.

05. August 2013 by Hafubb
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