Finance is the backbone of any company. Finance as a stream is a broader term which connotes a comprehensive range of monetary services offered by the finance sector players including financial institutions, insurance sector, public and private banks, stock brokers, investment companies to name a few. The finance industry is well-moderated and is developing at a fast pace across the globe including India. Remuneration package of those working in finance domain is also highly attractive and the career growth path is equally rewarding. Candidates with requisite financial knowledge are always in demand. Intricacies and skills for Management of finance are imparted by management colleges in Delhi and across India. Whether one is pursuing an MBA or a PGDM or are thinking of doing it, one common query that constantly floats in mind is the prospect of getting a lucrative placement opportunity after their post-graduation course. An MBA or PGDM course in finance domain paves way for varied career pathways whether you are fresh post graduate or a candidate with few years of experience. PGDM is regarded as a comprehensive course as it polishes and enhances your overall personality including professional, interpersonal skills and problem skills to prepare the students to meet the requirements of the corporates and to understand real-time corporate work culture and work ethics.
Both PGDM and MBA open the gateways to finance career options. For industry, students with both diplomas and degrees qualify for recruitment after PGDM or MBA. But it is extremely pertinent that one does the MBA or PGDM from a reputed B School in order to avail career opportunities across multiple sectors and corporates. Although university curriculum tends to be little slow in adapting the latest industry tools. But business schools tend to offer a flexible curriculum aligned with the skill set requirement of the industry.
Career options to choose post PGDM/MBA
- Nowadays with the advent of innovative technology and digitization of financial data, the demand for ‘Data Analysts’ has tremendously inflated. Data analysts are the financial experts offering their services in various sectors like IT, Banking, Operations, retail, insurance etc.
- For those who are good at problem solving, practical application of skills learned during MBA or PGDM can be applied in a ‘Management Consulting’ job which is one of the good career options for a finance professional.
- Another excellent career opportunity is to opt for ‘Investment Banking’. The job of investment banker is to bridge the gap between the investors and the organizations by providing a variety of financial services.
- Portfolio Manager jobs are also very popular among finance students. Analysis of securities and management of portfolio investments can be done in a productive way by doing fundamental and technical analysis and investing the funds of the client’s appropriately.\ in different investment avenues.
- Taxation Experts are also extensively hired by finance companies to take care of the compliance and Direct/ Indirect taxation requirements.
- Banking and Insurance Sector also has immense potential and offers many job opportunities to finance professionals. Also, with the enhancement in Mergers and Acquisitions all over the world, the demand for finance professionals in IT sector has all the more increased.
Choosing a Top B School for PGDM from placement perspective
Among the top PGDM colleges in Delhi, JIMS Delhi (Jagannath International Management School, Kalkaji) provides excellent theoretical and practical training to those who opt for finance specialization through its industry-driven curriculum and value added courses pertaining to finance stream like Financial Analytics, Advanced Excel, Financial modelling, Training of R, Python and other research tools. JIMS placement record has been excellent with almost 100% students of the finance specialization getting placed every year with Top recruiting companies of finance. The major highlights of finance domain placement are as follows:
- Placement package with highest being 17.50 Lakhs per annum and Average 6.8 Lakhs per annum
- Financial placement in Banks, Exports- Import firms, Consulting firms, Logistics Industry, FMCG sector, research based firms, insurance intermediaries etc.
- Students also receive Pre-placement offers after successful completion of their summer Internships.
- Final placements in reputed companies like Deloitte Tax services pvt ltd, HDFC Life, ICICI securities, Protiviti, ICICI bank, Finedge, Tech Mahindra, No broker Technologies Pvt Ltd, SBI General Insurance, Kotak Life etc
Conclusion
A PGDM in finance from a reputed B-school opens a door full of potential career opportunities. As an aspiring finance professional, one should try to get admission in a good B –school that offers a strong curriculum along with excellent placement opportunities.
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