Menu

Career After Financial Management

If you want to have a career in finance, then there is the option of the financial management courses. The courses’ curriculum entails the study of financial planning and accounting, along with drafting strategies, to reap profits for organizations. Also, the program is devised for familiarizing the students with the basics of Finance, while developing their financial skills. Besides, the course equips the pupils to prepare budgets, and apportion resources, to the company’s different departments.

Indeed, financial management comprises of a range of subjects that equip the pupils to work with varied industries – like NBFCs, financial services, and banking ones.

Financial Management: Courses

There is a range of Financial Management courses that several of India’s renowned institutes conduct. These are at diploma, undergraduate, postgraduate and diploma levels. However, the eligibility norms for the varied financial management programs vary, so applicants should apply only if they are eligible.

Additionally, the eligible candidates have to appear for the different entrance examinations of the respective institutes to gain admissions in the Financial Management programs.

Moreover, there are a host of specializations that the financial management students can choose from.

Money & Capital Markets: Provides learning on the various financial assets and other related aspects.

Rural & Co-operative Banking: Emphasizes on Institutional Credit and studying the financial position of rural areas.

Portfolio Analysis: Prepares the student to work as a Portfolio Analyst. They learn about studying economic trends and capital markets, as well as allotting securities. Accordingly, they have to prepare financial reports to determine the growth in capital.

Security Analysis & Portfolio Management: Under SAPM, the pupils become familiar with stock markets and the various ways of their functioning.

Risk Management: The course imparts learning on the various organizational risks and the ways of dealing with them.

Financial Management: Job Options

After completing the courses in Financial Management, the graduates can apply for jobs in financial markets and companies. As part of their duties, they have to coordinate with the other departments of the company. Also, they have to interact with customers while addressing their queries.

Some job profiles of finance graduates include Financial Planner, Financial Analyst, Finance Manager, Actuary, Investment Banking Analyst, Financial Auditor, Accountant, Financial Auditor, and Investor Relations Associate.

Finance Professionals: Varied Duties

Financial professionals bear the responsibility of maintaining the financial health of their organization. Some of their duties include:

  • Prepare financial reports, statements and forecasts
  • Draw strategies for meeting the financial goals of the company
  • Monitor employees who perform tasks of financial reporting
  • Study market trends for earning higher profits
  • Assist the management in taking crucial financial decisions
  • Assess financial details to make sure they comply with legal requirements

Financial Management: List of Recruiters

There are several companies that require financial management graduates. Some of the top recruiters are renowned banks such as HDFC Bank, Indian Overseas Bank, Union Bank of India, Canara Bank, and Central Bank of India.

Under the list of companies that recruit finance graduates are Life Insurance Corporation, DSP Merrill Lynch Limited, L&T Finance, Bajaj Capital Limited, Central Bank of India, and SBI Capital Markets Limited.

Financial Management: Salary

Owing to the years of experience in the field, the salary of the finance professionals is determined. However, trainees can expect a starting salary of 1-1.20 LPA. Then, over the years, they get a hike in salary as per their performance. Also, companies in the private sector, including the MNCs, offer lucrative salaries to those who perform well.

whatsapp chat