Career in Finance Management

Introduction::

Today, when corporate finance has moved from domestic funding to multicurrency funding, the nature of financial control has changed from simple accounting to integrated control systems. This control system is based on enterprise resource planning. To manage such financial transactions a new category of financial whiz kids have sprung up, popularly known as Fund Managers and Equity Analysts. The scope for growth in the financial service sector is enormous, because this section is directly linked to the growth of the country’s economy. And India’s economy is stated to grow by about 8% in the next decade. It’s not only about India but international trade sector also offers considerable opportunities. The areas include international financing (both lending and borrowing), multi- currency trading, arranging swaps, international lease financing, etc.

Nature of Work:

Job in corporate finance essentially entails helping a company find more money to run its business and grow, plan for its financial future, manage all liquidity at hand and may be make a few acquisitions. It also involves working for a large multinational company or a smaller player with high growth prospects. If you have the requisite skills and are able to prove your worth in problem solving, you can grow very fast in the organisation. You can also work as a financial planner, where you can help individuals plan their financial futures. Though this kind of work calls for greater inter – personal skills, many people believe that it is more rewarding both personally and financially. A good financial planner must understand investments, taxes and estate planning issues. Also, he must be a good listener. Generally, most planners work independently or work within smaller practices.

Eligibilty:

To start with in this career, a bachelor’s degree in Economics or Commerce is required. But if you want to progress faster then you should have a higher level finance degree. The most advisable course is to take a post graduate degree in Chartered Financial Analysis (CFA) combined with an MBAs degree, specialising in finance and marketing.

OTHER ITEMS YOU MIGHT LIKE
Career in Video Jockeying

Introduction:: As we are all aware during the past decade or so, there has been a mushrooming of discotheques, in Read more

Career in Sports Management

Introduction:: Most of you have been passionate about some or the other sport at some stage of your life. It's Read more

Career in Radio Jockeying

Introduction:: With the opening of the FM radio to private channels, a plethora of new radio broadcasters have emerged on Read more

A Career in Personnel Management

Introduction:: Employees are an organization's most important assets. Hiring good people is difficult and expensive. Training them on the values Read more