Get Prepared to Take Over Key Positions in the World of Finance
Are you someone who has always been interested in monetary affairs and wants to take ahead their career in the field of finance? Learn to manage money along with investing, lending, borrowing, and investing it for maximum gains.
What comprises of finance?
The whole process involved of investing money and borrowing money forms the basis of economics. Financers work in establishments where they assist and help people with their monetary transactions.
From lending money to the borrowers on interest rates to investing cash into schemes, bonds, and stocks so that they multiply with time, a finance employee needs to study the finer nuances in a detailed manner.
Post-graduation in finance
To work in organizations, one needs to be skilled and experienced in a large number of areas, and this can be achieved by pursuing PGDM in finance. This is an alternative to the MBA course as it offers a diploma degree.
The course is ideal for the students who want to pursue management and work as financial managers and assist customers in organizations.
PGDM in Finance | Image Resource : ndimdelhi.org
The eligibility criteria for students
Like all post-graduation courses, an aspirant need to have graduated from any reputed and recognised institute with the minimum aggregate marks in any field. Along with this, most institutes have the own entrance examinations and interview rounds that need to be cracked.
What does the course teach?
The curriculum of the PGDM in finance course aims at improving a students comprehensive and overall abilities to make them capable enough to work as efficient leaders in the industry. Merger acquisition, international finance and capital management are few of the popular specialisation in the programme.
Moreover, candidates are taught to maintain balance sheets, analyse cost and expenses, and suggest workplans and agendas that can maximise output.
The requirements from the students
One needs to have good communication and managerial skills along with the analytical and mathematical abilities to strategize and devise plans for the growth of the company.
Attention to detail, keenness for research and ability to strike good relations with customers will help individuals move ahead in the industry.
What lies ahead?
Every organization and company require a financial advisor who can guide them on the path to success. Having a postgraduation degree can ensure great opportunities in India and abroad.
Moreover, economics is a vast field with a number of subdomains such as asset management, corporate finance, investment banking, insurance, personal loans and a variety of different things.
The various roles popular in the job sector
- Equity analyst:
The analyst studies the structure and reports and suggest changes and upgrades that may be required to boost sales.
- Financial advisor:
Advisors help their clients seek the best possible financial scheme and plan their goals accordingly.
- Investment banker:
Merging agreements, acquisitions, analysing stock to advising private and government firms, the role of a banker is vast.
- Managers:
They look after the overall functioning along with devising outlines and ensuring all units are cohesive and consistent.
- Financial planner:
They look after a client’s financial needs and assist the clients in achieving their goals.