Careers in Finance: Course, Job and Salary in finance
With the increasing awareness about the field of mobile, internet banking in the last few years, investment has also increased. There are major changes especially in rural areas. Despite lower per capita income and limited GDP, the sector has lived up to the expectations of the people. Whether multinationals or other finance companies, all are turning to villages. In such a situation, the need for financial planners and related professionals has also increased.
See many opportunities
In fact, finance is the science related to management, in which many processes of investment of money or other means are available. In this, new methods for managing financial transactions are devised. This can add international financing, multi-currency training, international leasing, financing, etc.
When will you be able to move
B.Com students often like to come in finance. It is expected to be at least graduates in economics from job-seeking youth. Young, who has done Chartered Accountancy and Cost and Works Accountancy, likes to move towards pursuing an MBA in Finance. Interested youth in this field often move on to a Master in Financial Management, Economics or PG in Commerce.
Today, most of the specialization finance is conducted in institutions that teach management. This is due to the increasing demand among the youth. Diploma, PG Diploma, Graduation and Master level courses of six months to three years duration in finance are offered in many institutes. Those young people who want to do finance related remote and online courses, they must have one or two years experience with B.Com. If a youth has a high degree of finance, then he can easily catch the progress.
Some major courses
‘PG Diploma in Financial Planning and Management’ Bachelor in Financial and Investment Analysis’ BA / MA in Finance ‘BSc in Financial Accounting’ Full Time MBA (two years) ‘PG Diploma in Financial Planning and Wealth Management’ PG Diploma in Management and Financial Engineering
Youths wanting to pursue a career in finance should have patience, discipline in work as well as interest in work related to tax business. In addition to teamwork, problem solving ability, maths, computers, analysis and communication skills, marketing skills are also tested.
Looking at the market of the last few years, it can be said that there are plenty of employment opportunities in finance. In the banking sector, where there are opportunities as investment advisory manager, retail relationship officer, mutual fund manager, etc., there can be many important opportunities in financial planning companies like Relationship Manager and Associate Auditor. Insurance companies can also work in many forms. In the KPO sector, youth can serve as Data Analyst, Market Researcher, Client Development Analyst, Business Analyst and Research Associate. Equity research firms also provide opportunities.
There is demand in these places
Financial Advisor: Financial advisor or planner is most needed in medium and small scale companies. With their help, big companies make financial decisions.
Credit Analyst: The job of a credit analyst is to evaluate the financial position of a client or company and remove the risks under it.
Financial Analyst: These professionals inform the customer or the firm about the financial account keeping in mind the existing schemes. It is the responsibility of the company to prepare its balance sheet.
Equity Research Analyst: These professionals prepare profit-loss statements based on their studies. They are also responsible for reviewing stock bonds and other financial instruments. They prepare the report on the basis of research and familiarize the management with the situation. Apart from these, commercial real estate agents, portfolio managers, stockbrokers are also in great demand.
Salary package is attractive
Initially, the income per month from joining a company is 20-25 thousand rupees. Whereas it increases to 45-55 thousand rupees per month after 5-7 years of experience. Today there are many such professionals, who are earning up to Rs 1.5 lakh per month. Teachers and consultants also have a good income.
Premier training institute
– Department of Financial Studies (DU), New Delhi
– Indian Institute of Financial Planning, New Delhi
– Delhi School of Business, New Delhi
– Banaras Hindu University, Varanasi
– Aligarh Muslim University, Aligarh
– Patna University, Patna
– Xavier School of Management, Jamshedpur
– Narsi Monjee Institute of Management Studies, Mumbai
At the rate of 15 per cent, the Indian financial sector has been growing for the last few years. RBI’s role is important in this development.
Challenges are no less The rules and regulations related to finance are changing rapidly. Professionals have to be aware of these. If you want to remain as an expert in this field, then the youth have to keep themselves familiar with every information. In this area, it is difficult to satisfy and benefit the client. In the event of loss a lot of stress has to be suffered. In the coming time, the biggest challenge is to work seriously on the balance sheet and maintain ethical values in the field.
As a financial planner, micro, small and medium enterprises have a lot of potential. The youth can be instrumental in making budget and presentation, from bank to term loan and working loan. These professionals can prepare a financial plan to revive an entity when it is weak. In this field there are opportunities in all forms of CA, CS and CMA. -CMA Rajendra Singh Bhattisecatory, NIRC, New Delhi
Author: Admin Official Website:- www.employmentnewz24.com