MAM
Siemens plunges into Chinese market with a bang
MUMBAI: China sure seems to be in the limelight these days as all major international companies are eyeing the market there. Leading mobile company Siemens has planned to invest $1.2 billion in China over the next few years as part of an agenda in which the company will double the number of regional offices from the current 28 to 60 in order to ensure a presence in all of the country’s provinces.
Part of the investment will go to a new headquarters in Beijing, while the remainder will mostly be used to expand Siemens’ various business subsidiaries and to beef up its research and manufacturing facilities in the country, the company said.
In addition to this, Siemens also plans to boost the production of mobile handsets at its Shanghai plant from 14 million to 20 million units annually. Also notable is the fact that Siemens had appointed local handset manufacturer Ningbo Bird as the main distributor of its phones in China earlier this month and the two companies also agreed to jointly develop products for domestic and international markets.
A media report stated that beyond its cell phone division, the German engineering conglomerate said other business units specialising in areas such as power generation, transportation, lighting and medical systems, will also be strengthened in China.
Siemens CEO Heinrich von Pierer was quoted in a media report saying that the billion-dollar boost is designed to lift the company’s sales in China from $4.8 billion last year to $9.6 billion in the near future.
Announcing Siemens’ new plan for China operations, Pierer was quoted in a media report saying that the next year Siemens’ purchase in China would top five billion euro. Of the one billion euro investment, 100 million will be used to build a 30-storied mansion in Beijing as the company’s China headquarters, which is also the company’s biggest real estate project in the world. Research and development would also be the priority of Siemens’ investment in China, said Ernst Behrens, president of Siemens China said the media report.
So far Siemens has established 45 joint ventures in China, involving a total of 5.4 billion Yuan (651 million dollars). Its operations include information and telecommunications, automation, electricity, traffic, medicine, lighting and home appliances.
Professionals in the modern, rapidly changing financial environment require more than a degree; they must have certifications recognised worldwide to validate their knowledge and enable them to gain access to top-growth positions. Zell Education provides finance professionals with exactly this by offering industry-related programmes such as IFRS certification and FRM courses, as well as other recognised certifications from around the world.
Whether you are a student, currently employed, or looking to switch careers, all of these programmes are intended to simplify difficult financial concepts and prepare you for a solid career that is future-ready.
Why Choose IFRS Certification?
IFRS certification is among the most in-demand credentials for anyone interested in an accounting, auditing, or financial reporting career path.
Main points of benefits:
- Knowledge of global accounting standards utilised in more than 140 countries
- Creating new opportunities within multinationals
- Experience with financial statement analysis and reporting
- Stay current with international compliance requirements
As businesses operate more globally than ever, there is a need for individuals who are well-versed in IFRS standards. This certification helps to close that gap and will position you as a valuable resource for the finance industry.
Build Risk Management Expertise with FRM Course
Every financial decision we make has risk management built into it. If you want to become an expert in managing financial risk and making effective risk management and strategic decisions, the FRM Course will teach you how to do it.
What You Will Learn:
- How to Analyse and Manage Financial Risk
- Concepts Related to the Market, Credit, and Operations Risk
- How to Interpret Financial Market Data and Instruments
Quantitative Analysis Techniques for Risk Measurement
Potential Career Paths Include:
- Risk Analyst
- Investment Banker
- Financial Advisor
- Portfolio Manager
As the demand for skilled risk management professionals increases worldwide, FRM provides one of the best career paths within the field of finance.
Why Zell Education Stands Out
Zell Education is committed to making complex ideas understandable through application-based learning, while offering students instructional design to guarantee their success as learners.
Features of Zell Education that distinguish it from others include the following:
- Industry Experts: Faculty consisting of professionally accomplished individuals in their respective fields.
- Online and Hybrid Learning Options: There are multiple choices available to assist an individual in learning.
- Practical Application: Evidence of how to apply learned information through the use of case studies.
- Support with Placement: Assistance will be given in obtaining the best position obtainable.
Zell Education develops programmes focused on helping students succeed with testing and developing the skills necessary to advance their careers.
Explore Other Finance Courses Offered
Zell Education provides multiple globally accepted certifications to expand your career path in addition to the IFRS and FRM.
ACCA (Association of Chartered Certified Accountants)
- Good for accounting/auditing career opportunities
- Universal qualification
- Strong basis in financial management
CPA (Certified Public Accountant)
- Well-respected in both the U.S. and global markets
- Emphasis on accounting, auditing, and tax
- A good fit for corporate finance careers
CFA (Chartered Financial Analyst)
- Best for jobs involving managing investments & portfolios
- Includes research into stocks (equities), financial analysis, and ethical practices.
- Desirable to top financial investors.
CMF (Certified Financial Manager)
- Focuses on the management of finances and planning them.
- Improves the ability to make decisions and perform analytical functions.
- Best suited for jobs in corporate finance.
Who Should Enrol?
These programmes are perfect for:
- Commerce and finance students
- Working professionals aiming for career growth
- Graduates looking for global career opportunities
- Individuals planning to switch to finance careers
Your Path to a Global Career Starts Here
Your future career in banking will be influenced by your certification. For example, the IFRS Certification and the FRM Course at Zell Education provide you with a mix of education, practical experience, and job placement support for you to succeed as a result of these programmes.
Take control of your life today by creating a successful career in the financial industry, gaining visibility in the competitive financial industry, and taking part in the many options available to you today!
- Get internationally recognised qualifications.
- Gain access to the most current information about the financial industry from leading experts.
- Pursue high wages in your career
Start now with your personal development by learning at Zell Education to provide you with the tools to be successful in the global banking industry.
