various career opportunities in finance field

1. Careers in
Finance
By Ajay _
Mo. 8839242266

4. 1. Investment Banker
An individual who works for an investment bank (E.g.,
Goldman Sachs, Morgan Stanley, JPMorgan Chase etc.) to
raise capital for individuals, companies, and government is
called an investment banker. Investment bankers may also be
involved in mergers and acquisitions, serve as a facilitator
between a company and its investors, assist with unique
investment opportunities such as derivatives and pricing
financial instruments.
Investment bankers are the highest-paid professionals in the
finance industry with an average salary of INR 7,82,988 per
year.

5. 2. Financial Analyst
Financial Analysts are experts in markets,
economics, accounting, and compliance.They are
able to absorb and evaluate huge volumes of data.
With their analysis and revenue projections, they
advise top management on strategic decisions and
investments.
Financial Analysts earn a pay package of INR 3,55,717
per year.

6. 3.Venture Capital Analyst
As a venture capital analyst, your responsibility will
be to network, be observant about latest industry
trends, and meet potential target companies.They
work for venture capital firms who provide capital to
start-ups and small companies with a plan of
business expansion but with no access to stock
market.
An analyst employed at venture capital firms take
home a salary of INR 5 lakhs per annum, depending
on the experience and expertise.

7. 4. Chief Financial Officer
A Chief Financial Officer (CFO) is responsible for
managing the financial actions of a company and
reports to the Chief Executive Officer (CEO). He tracks
cash flow, analyses a company’s financial strengths
and weakness, and proposes corrective actions.The
CFO plays a key role in a company’s overall success by
influencing company strategy.
The average salary of a Chief Financial Officer is INR
3,35, 902 per year.

8. 5. Portfolio Manager
Portfolio Managers usually work at money
management firms and hedge funds.They are
responsible for overseeing client portfolios.They help
their clients attain their financial goals.They are
professionals with project management skills and
several years of experience.
Since it is a senior position, a Portfolio Manager may
take home a yearly package of INR 12,20,838.

9. 6. Risk Analyst
Curbing losses and managing unpredictability is the
responsibility of a Risk Analyst.They identify and
analyze the areas of potential risk threatening the
assets of a company, predict change and future
trends, and also forecast cost to an organization.
The average pay package of a Risk Analyst is INR
5,01,424 per year.

10. 7.Treasurer
As treasurer, you must supervise theTreasury
Department. It’s a very challenging and sought-after
job, so you must be very skilled to get it. It’s also an
upper management position which will require
analytical thinking, management expertise, and the
ability to motivate the people working for you.
Salary may go upto $130 000 per annum after
bonuses and benefits.

11. 8. Credit Manager
You are expected to draft policies to grant credits to
suppliers, to establish guidelines for collecting said
credit, and to decide whether receivables should be
securitized or not.You are required to have customer
knowledge and the science of analyzing accounting
statements.

12. 9. Cash Manager
What you need to do as cash manager is to create
relationships with banks, make sure your institution
has enough money on hand on a daily basis and
manage the needs related to short-term credits. All of
this means you must have strong negotiation skills, as
well as an eye for detail.

13. 10. Benefits officer
You must learn how to handle 401(k) employee plans,
how to manage pension funds, how to work with the
human resources department to create benefits for
the employees that are truly cost-effective, and how
to establish health care policies.This is yet another
branch referring to jobs in finance for which you need
excellent social and people skills.You will also need to
understand how the human resources department
works and all the ins and outs of its organizational
behavior.

14. 11. Personal Financial Advisor
You will have to advise your clients, mostly individuals,
on laws, taxes, investments, and insurances.
They have both short-term and long-term financial
goals, and you need to help them achieve these aims
in a beneficial manner.
On average, personal financial advisors earn
approximately $66 000 annually, but bonuses and
benefits may take it up to $85 000.

15. 12. Real estate officer
where you must find real estates for your client
negotiate their lease, make the acquisitions, and
evaluate the properties themselves.

16. Careers in banking
When it comes to banks, seeing as they take centre
stage as far as the financial market goes, the choice is
almost endless.
These are some of the options you have.
Customer services
Legal work
Managing processes
Advisory positions
Accountancy
Human resources

17. Careers in banking
The IT department
TheTreasury, also known as the foreign currency
management
Trading
Investment management
Audit
Compliance
Transaction supervision
Financial control
Prevention of money laundering and sponsoring
terrorists.

18. Careers in insurance
As far as this branch is concerned, you can focus on the
following careers.
 Underwriting
 Compliance
 Insurance manager
 Legal advisor

19. Short term finance certification courses
Chartered Financial Analyst (CFA)
Certified Financial Planner (CFP)
FLIP certifications
Financial Risk Manager (FRM)
NCFM certifications

20. Short term finance certif

21. Top Courses in Finance
Chartered Accountant (CA)
Company Secretary (CS)
Cost And Management Accountant (CMA)

22. Chartered Accountant
Probably the most well-known statutory course, this course was created as a result
of the enactment of the Chartered Accountants Act in 1949.
The course involves a combination of theory and more importantly practical training
which run synchronously to provide a student with the necessary wherewithal
required of a professional accountant.
A good grounding in this profession creates opportunities few courses can match.
Chartered Accountancy allows you to have rewarding careers in consultancy, audit
practice, investment banking, and information technology to name a few.
The profession allows you probably the best chance in finance to create a location
independent career.You can find successful chartered accountants in many small
towns where a lot many other professions may not flourish.
The chartered accountancy course also opens the doors for an international career.
An Indian CA after clearing certain local papers can easily practice in countries like
the United Kingdom and Australia to name a few. Additionally, with the increasing
introduction of International Financial Reporting Standards (IFRS) if you become a
chartered accountant then the world is your oyster.

23. Fees
Struct
ure
_CA

24. Company Secretary
The course was a result of the Company Secretaries Act 1980.
The Company Secretary is primarily the mediator between the
management and the organization’s board of directors.
Company secretaries are involved in creating policies for the company,
maintaining legal records, taking care of public issues, managing mergers
and acquisitions related activities.Additionally they liaise as agents of the
company while negotiating with a number of government authorities.
A Company Secretary has a definite chance of being employed by
management consulting firms, banks, corporates and regulatory bodies
besides having an option to practice independently.
You as a company secretary are also a sought after professional for positions
abroad with multi-national companies.There is a burgeoning demand for
Company Secretaries in the UK, the USA, and many other countries in the
western world.
With the appropriate set of knowledge and skills, you as a company
secretary can look forward to a rewarding career.

25. Fees
Structure
_CS

26. Cost And Management Accountant
This course came into being as a result of the Cost andWorks Accountants
Act, 1959.The act regulates the profession of cost and management
accountancy.
A Cost and ManagementAccountant (CMA) is a person who performs
services which involve accounting for cost of manufacturing an item, pricing
the goods and services produced verification or certification of taxation,
especially with respect to indirect taxation.
Unlike pure accounting professionals say, chartered accountants, the
demand for a cost accountant is a cross-organization phenomenon.The
marketing department needs you in preparing quotations for tender
responses; the production department needs you to make better decisions
on a profitable product mix, the purchase department wouldn’t move
without the cost accountants advice for taking the make or buy decisions
and in top management you play a critical role in identifying business risks
and their mitigation.

27. Fees
Struct
ure
_CMA