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The role of finance in today’s life is to carrying out the development and growth activities of an economy. You need to earn a bachelor’s degree and understand the basics of financial management.
Senior-level finance jobs require you to combine your professional understanding with technical expertise and managerial skills. MBA (Finance) and MS (Finance) are two of the most s courses for candidates of this sector.
Top Career Options in Finance
- Public Accounting
Accounting is a broad field of study and practice includes a variety of financial services. Basically, it is related with recording and maintaining the flow of money for a public body or private company. Public accountants also give advices and deliver reports to lowers the expenses, boost fund, and improve financial health.
Graduates in Commerce and Business Administration can deal with a CPA qualification to become a licensed accountant. Degrees like Master of Commerce (M.Com.) and MBA (Finance) are also known as a proof of candidates’ academic knowledge in this area.
- Corporate Finance
Corporate finance is a division of finance that arranges funds for business actions. It deals with problems like funding sources, investment decisions etc. Corporate finance professionals are hired in junior and senior level and it depends on their educational qualifications, skills, and interests.
Also, some of the corporate advisory firms recruit finance graduates to facilitate mergers and recovery of businesses. Big companies prefer to hire MBA talent for senior level positions and above.
- Investment Banking
Investment banking finds a place among the most famed career options in finance. Investment bankers are responsible for work that covers working with data and numbers and it introduce decisions that improve business operations. These practitioners must have an interest and knowledge of financial markets and economic trends.
An MBA (Finance) and a Law degree holder can enter in this field. If you are looking to pursue a particular career sector such as stockbroking, you can go for short term courses or diplomas in stock analysis or stock market research.
- Risk Management
Risk management professionals have knowledge in identifying market risks and find out about poor investment outcomes. Their primary duty is to boost up the returns and lowers the risks technically. For this purpose, they apply their mathematical equations and reasoning skills and advise their clients on different business matters. The job role is divided into:
Financial Risk Manager, Enterprise Risk Manager, Digital Risk Manager
If you are looking for work in risk management field, you have to complete an advanced degree like an MBA or PG Diploma in Risk Management.
- Financial Planning
Individuals and companies need the services of financial planners to save their current and future financial stability. A career in financial planning would bring about analysing financial statements and cash flows and creating methods for saving and investing in matching the clients’ needs.
You can choose to focus in an area like property management, tax planning, estate planning, retirement planning, investment growth, etc.
A postgraduate degree such as MBA (Finance), MS (Finance), or MA (Economics) is preferred for obtaining employment as financial planners in organizations.
