Greener pastures in Financial Sector

Financial studies get a very special place in the job market. Currently, opportunities galore in this burgeoning sector, as there is, a dearth for trained hands and professional talent. Hence, it only becomes profitable to keep oneself updated about the financial sector, courses offered in the subject and job opportunities.

Finance management:

As far as finance management is concerned, there are various courses that can be taken up: Chartered Financial Analysis, Chartered Accountancy, Cost and Management Accountancy, Certified Treasury Manager Course, Certified Public Accountant Course, Certified Investment Banker Course and Certified Risk and Insurance Management Course, to name a few. If you wish to take up one of these courses, you will need to hold a bachelors degree either in Economics or Commerce.

MBA Finance:

This post-graduate course demands a bachelors degree, but the Major subject doesnt really matter. Candidates are selected based on their performance in written examination, group discussion and personal interviews that the institutions conduct. For those with work and industry experience, however, certain institutions offer a programme called Executive MBA.

Chartered Accountancy:

After completing SSLC, you can apply for the Common Proficiency Test (CPT)—that would help you enter a CA course—with attestation. However, you will be allowed to attend the test only after the completion of Plus 2. Even those awaiting the (Plus 2) results could take up the test.

At the same time, Commerce degree holders with a 50% score, Computer Science graduates with a 60% (aggregate) score and other bachelors degree holders with an overall percentage of 55% (aggregate) need not attend the proficiency test. Such candidates need to apply for the Professional Competence Course (IPCC).     

   

Those who have succeeded in the final examination of the Institute of Cost and Work Accountant (ICWAI) or the Institute of Company Secretaries of India (ICSI) could also register themselves for IPCC.

After passing the IPCC, you can register yourself as an Articled Clerk for practical training. Following that, you can take part in the final course of Chartered Accountancy.

Banking:

With a pass in Under Graduation, one becomes eligible to enter the Banking sector. However, those with UG degree in Commerce, Economics and Computer Science get the preference to join for clerical positions.

As for as middle and top level positions are concerned, banking sector prefers Chartered Accountants, Chartered Financial Analysts and MBAs.