◼ The service sector produces intangible goods, more
precisely services instead of goods. ◼ It comprises various service industries including warehousing and transportation services, information sector services, health care and social assistance services, and arts, entertainment, and recreation services. ◼ Countries with economies centered around the service sector are considered more advanced than industrial or agricultural economies. BREAKING DOWN Service Sector
◼ The service sector, also known as the tertiary
sector, is the third tier in the three sector economy.
◼ Instead of the product production, this sector
produces services like advice, experience and discussion. BREAKING DOWN Service Sector (Contd.) Global Outlook
According to the International Monetary Fund (IMF) ,
following countries are the largest by service or tertiary output: ◼ United States: $14.76 billion ◼ China: $5.7 billion ◼ Japan: $3.5 billion ◼ Germany: $2.4 billion ◼ United Kingdom: $2.1 billion ◼ France: $1.9 billion ◼ Italy: $1.4 billion ◼ Brazil: $1.3 billion ◼ Canada: $1.1 billion ◼ India: $1.0 billion Performance of Indian Service Sector Technology in the Service Industry Future Trends in Technology in the Service Industry ◼ Indian IT services industry to grow 8-11% in FY19 ◼ BFSI, manufacturing, retail and consumer packaged goods, telecom and media and entertainment are the largest IT spending industries.
Source-IBEF Telecommunication Services
◼ Data usage expected to grow at 73% by 2022:
ASSOCHAM-PwC study
◼ India’s data consumption is expected to grow
at a compounded annual growth rate (CAGR) of about 73 per cent to 109,658,793 million MB by 2022, according to a study by industry body ASSOCHAM and PwC. This is on the back of lower than ever data tariffs and increasing smartphone penetration in the country. Top Hotel Chains in the world Key Players Profiles
◼ Different areas of Money management other
than Financial advisor ,Tax consultant, Banker, Equity Analyst, Cash Manager, Research Manager
◼ Financial Accountant
◼ Financial Business Analyst
Responsibilities Of Financial Analyst
◼ Make P&L every month
◼ Analyze monthly P&L on all aspects and record trends on profitability, cash, inventory etc ◼ Financial Planning and Budgeting ◼ Facilitate Monthly Business Reviews along with the CEO ◼ Feed the management/board with important analysis Responsibilities Of Financial Analyst (Contd) ◼ Forecasting & related analysis (Variance analysis)
◼ Appraise & Critically review all new investment
decisions
◼ Review and consult line managers on areas of
improvement in cost, margin, profitability
◼ Act as a financial strategic consultant to the COO,