Finance is the lifeblood of every business. So there is always demand of finance professionals. Here are the few options for finance as career:
A. Corporate Finance: In corporate finance you would work for a company to help find its sources of finance and their effective implications. Job options in Corporate Finance are:
-> Credit Manager
-> Investor Relation Officer
B. Investment Banking: Investment banks help companies and governments issue securities, help investors purchase securities, manage financial assets, trade securities and provide financial advice. Job options for Investment banking are:
-> Management graduates in accountancy, finance experts and economists with postgraduate qualifications in Finance, Economics, Financial Planning, capital markets, etc.
C. Commercial Banking: Job options in the field of commercial banking are:
-> Leasing Agents
-> International Finance Officers
-> Trade Credit Specialists
-> Credit Card Banking Specialists
Career options in commercial banking are endless.
D. Forex Management: Indian companies have been increasingly attracting foreign capital either through listing on international stock exchanges or through private equity placements. Job options in forex management are:
-> Overseas Fund Mobilization
-> Risk Management
-> Forex Dealing
-> Forex Consultancy
Professionals with understanding of degree of international finance, international capital markets and risk management.
E. Money Management: Money managers purchase and carry corporate bonds, agency securities, asset- backed securities and other fixed- income investment products. Job options in money management are:
-> Portfolio Manager
-> Mutual Fund Analyst
-> Hedge Fund Trader
F. Financial Planning: Financial planning helps people make advance provision for financial needs that may arise in future. For the post of FINANCIAL PLANNER, qualification required is The Chartered Financial Planner (CFP). And MBA/CFA/CA/Insurance Specialization- singly or in combination, can also be considered.
G. Stock Broking: Brokers or stock market professionals are now either playing host of foreign investment bankers, who are looking for opportunities on the Indian stock market, or visiting fund managers abroad seeking investment here. Stock broking business requires the services of specialists- economics, accountants, finance managers, financial analysts, capital market specialists, and investments and financial planners.
H. Commodity Trading: Commodities Trading is a global phenomenon and offers tremendous potential to market participants for both profit taking on small price corrections as well as to hedgers looking at managing price risk on account of price fluctuations. The exchange offers the course MCX CERTIFIED Commodity Professional (MCCP) for professionals who want to pursue a career in commodity derivatives market.
I. Insurance: With private participation in insurance sector the numbers of employment opportunities have gone up. Job options in insurance are:
-> Investment professional in the filed of insurance
J. Real Estate: Real estate is collateral for mortgages and a large amount of financial assets. Identifiable real estate fields are mortgage banking, property management, real estate appraisals, brokerage and leasing, and reals estate development.