A formal qualification in accounting or finance is a starting point. The field of finance is fast changing with continuous improvisation like new accounting standards and auditing norms, finance technology solutions, artificial intelligence and big data, changes in taxation and corporate laws, etc. Therefore, one needs to regularly keep updating his or her domain knowledge and also develop technical and interpersonal skills along with an ability to work and lead large teams.
A typical management program in India is structured to prepare students to face uncertainties and develop an overall understanding of how corporate houses function. In the first year of a management program, students are exposed to all the functional areas of management education which involve papers relating to finance, marketing, human resource, production and operation management, analytics, etc. After this exposure to all the functional areas, a student is expected to do an internship at the end of the first year and choose an area of specialization. In this article, we will focus only on finance as an area of expertise.
Generally, finance covers the core body of knowledge (BOK) which provides students an insight into major areas where they can make their careers. The core BOK is divided into corporate finance and accounting, financial institutions and capital markets, commercial banking and insurance, and regulatory and taxation. Let us look at some of the job options a finance student can select. Many of these roles are financially more rewarding than others. However, a student needs to carry out a careful analysis of his or her abilities, skill-sets, personal preferences, and long-term career prospects before making a decision.
Corporate Finance Roles or Financial Planning and Analysis
Denne historien er fra February 3, 2020-utgaven av Dalal Street Investment Journal.
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Denne historien er fra February 3, 2020-utgaven av Dalal Street Investment Journal.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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How To Invest In An Ageing Bull Market
Bull rallies (periods when stock prices rise) and bear declines (periods when stock prices fall) are natural parts of stock market cycles, but they don't follow a fixed timeline.
Should You Entrust All Your Money To A Single AMC?
If you are a market participant, you have probably heard the quote 'don't put all your eggs in one basket', which suggests diversification. Investors often focus on diversifying across categories like large-cap, mid-cap and small-cap, but they may unintentionally overlook diversification across different AMCs. The question arises: is AMC-wise diversification really necessary? Rakesh Deshmukh takes a closer look at this scenario
Wild Swings Engulf Global Equities
U.S. stock markets experienced significant volatility. An early-week rally pushed the markets to new highs, but this momentum faded, primarily due to weaknesses in the tech sector. The major indices had a mixed finish with, S&P 500 and Nasdaq closed lower, while the Dow recorded a notable gain.
U.S. Elections and China's Economy Hamper Commodities
Commodity markets experienced selling pressure in the last fortnight, driven by uncertainties surrounding the upcoming U.S. presidential elections, concerns about the Chinese economy, and increased agricultural production in Brazil.
Wealth Building For Retirement Through Mutual Funds
Retirement is one of the most crucial and lifechanging phases. It marks a period where maintaining your lifestyle becomes paramount even though your regular income stops.
Mastering Investment with Information Ratio
Information Ratio helps in navigating the complexities of the investment landscape by assessing an active fund manager's performance. And though it has its limitations, it remains an essential part of the finance industry. The article explains what Information Ratio is and how investors can use it as another tool
Plan To Be Financially Independent
Each of us aspires to be financially independent as it ensures having enough resources to be self-sufficient and control our finances.
❝Technology is the new game-changer"
With a new breed of young investors entering the financial markets, it is the use of technology that is increasingly playing a major role in how investments are done and tracked. Anand Radhakrishnan, Managing Director, Sundaram Mutual Fund, shares his opinion about how this factor is turning into a significant tool and how it will shape the strategies of his company
What If Donald Trumps?
The potential election of Donald Trump as president in the U.S. carries significant implications for the Indian equity market. It could lead to changes in the global trade dynamics, in particular affecting the Indian IT sector while also raising inflation levels and leading to yet another revision in the visa programme for Indians who want to work in the US. The article takes a closer look at what may lie in store
Sectoral Gains Make A Mark
Benchmark indices continued their uptrend, reaching new record highs, although the pace has slowed as the broader markets faced selling pressures
