Benefits of Petroleum Engineering Certification

Petroleum engineering certification recognizes the knowledge and competency of petroleum engineers. This credential is earned through a written examination, which is given in conjunction with the applicant’s experience. The exam for this certification is based on the program created by the Society of Petroleum Engineers whose mission is to help members further their professional and technical competence in the field of petroleum engineering. SPE accomplishes this by defining the required knowledge for various areas of engineering while offering different opportunities to demonstrate this technical knowledge through testing and examination.

A certified petroleum engineering professional is recognized as someone who is competent to provide oil and gas reserves according the guidelines and standards set by the Society of Petroleum Engineers. The petroleum engineering certification examination is designed to test the technical knowledge of petroleum engineers and professionals and requires a thorough understanding of the various principles of petroleum engineering. Certified professionals are not only recognized for their extensive knowledge and skills, but also for their level of competency in primary areas of engineering, while also recognizing their ethical and professional compliance according to SPE board expectations.

Petroleum professional certification and professional engineer registration programs require applicants to meet certain qualifications before getting tested. Applicants for these certifications generally need to have an undergraduate degree in petroleum engineering from a duly recognized institution. They must also attain a passing score on the exam in order to measure their level of knowledge in engineering fundamentals, and their competency in solving practical engineering problems. Exam takers must also demonstrate proof of at least 4 years of training and experience in engineering and they must be in good standing with the SPE. Certification maintenance also requires continued education and professional development, making certified petroleum engineers even more in demand in their field. Having this credential makes you more attractive to employers and clients looking for experienced and recognized petroleum professionals and specialists.

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Develop Your Financial Expertise by Taking a Finance Course in Dubai

What better location than Dubai to learn more about financial planning? With a reputation as one of the best locations for investment, Dubai has earned the honor to be one of the most suitable places to learn the ropes of finance. Institutions with fiduciary responsibilities have managed assets, resources and investments of other entities, riding on the strength of great financial planning and safe investments. The same expertise that goes into managing such assets turn participants of finance courses into wizards excelling in financial accounting and cost accounting. Here are a few reasons why a course is essential if you wish to pursue a career in finance.

Better administration with optimized spends

Budgeting and administration are fine arts that are more or less all about striking a fine balance. At times, it may be necessary to take decisions that may appear hard. However, decisions need to be based on sound financial policies so as to fetch the best results while fulfilling accounting responsibilities. A course will equip you with analytical skills that help to plan better based on strong foundational knowledge. The key to being a better financial planner is to grasp and have sound knowledge about foundational concepts such as summarizing, financial statements, cost statements, credit cycle etc.

Acquire in-depth knowledge of the relation between various aspects

Financial planning has a cascading effect on activities and performance within organizations. Hence it is important that your foray into finance takes into account the cause and effect relation of various activities. Departments and priorities, and the rationale behind budgetary allocations are important aspects that heads of financial departments need to consider. Finance courses in Dubai help participants across various levels to understand how planning and execution are crucial to obtain better results.

Improve skills in rationalizing costs in business

Financial planning and accounting is played by the rulebook. Regulatory requirements, and accounting disclosures mandate a certain set of procedures that need to stand up to audit scrutiny. A course will strengthen the knowledge base of participants and help them to ensure that all practices are compliant and meet the requirements as per accepted accounting practices.

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The Importance of Critical Thinking in Business Development

Like many businesses, your organization probably prioritizes growth, earnings, and return on investment—but these are impossible to achieve without proper planning and the right strategies. Critical thinking is crucial in ensuring that you can achieve your objectives. Key managers and employees need to develop a structured way of planning and thinking things through before executing them. Developing a culture of critical thinking in the workplace can help your company avoid costly delays and mistakes that could affect the reputation of your brand in the long run.

Critical thinking is defined as the ability to eliminate or ignore all emotion from an issue and mind only the facts in an objective manner to come up with a logical decision. Hence, it is clearly great for business development. It helps both employees and bosses pay more attention to the facts and the right information they will need to analyze the situation and think of better solutions to any issue. Likewise, it should help everyone obtain or express constructive feedback and make use of that feedback for the betterment of the business.

Critical thinking in business development is becoming more important than ever, as a growing number of organizations want to be able to work more efficiently and effectively.  It will help major decision-makers make informed decisions and avoid jumping to conclusions that they will regret down the line. However, critical thinking is not exactly easy to develop—and it doesn’t come naturally for many people. Schools rarely encourage the teaching of thinking processes (such as the scientific method or rhetoric). This is why some of the most successful companies in the world seek critical thinking training. They invest in business development programs that encourage critical thinking not only among executives and managers, but also the general workforce.

 
The best way to start a culture of critical thinking in the office is from the top. Managers need to set examples for their teams. If a leader makes thoughtless and quick decisions, it will be difficult to encourage critical thinking in employees. Hence, if you find yourself making knee-jerk decisions and reactions to every important matter, you may want to consider taking up managerial and behavioural training in an accredited institute.