Thinking Of Financial Management ? Career Courses Guidance

Financial Management

Thinking Of Financial Management ? Career Courses Guidance 

Qualifications for Financial Management

The minimum educational qualification required to join a course in financial management is to be a graduate in Commerce or Economics. The various courses available on financial management are -

• Chartered Financial Analysis (CFA)
• MBA with specialization in Finance and Marketing,
• Chartered Accountancy
• Cost and Management Accountancy

• Management of Business Finance
• Certified Treasury Manager
• Certified Public Accountant
• Certified Investment Banker

• Certified Risk and Insurance Manager
• Fellowship Program in Finance
• Basic Business Finance
• Foundation in Financial Planning
• Management Development Programs

Financial Management Institutes

The institutes offering courses on Financial Management are -

• Association Of Financial Planners, 312, Turf Estate, Dr E Moses Road, Mahalaxmi, Mumbai - 400 011 Maharashtra
• Internation College of Financial Planning, 3rd Floor, Right Wing, Naurang House, 21 K.G. Marg, Connaught Place, New Delhi - 110001
• Wigan & Leigh College , New Delhi 86-A Central Avenue, Sainik Farms (Centers in Mumbai, Kolkata, Bangalore, Hyderabad, Pune )
• Financial Planners & Advisory Academy Pvt Ltd., 7, Readymoney Terrace, 167, Dr Annie Besant Road, Worli Naka, Mumbai - 400 018 Maharashtra
• Institute of Chartered Financial Analysis of India (ICFAI), (branches all over India)
• Institute of Financial and Investment Planning, B/303,Ventex Vikas, M.V.Road, Andheri(E) Mumbai 69

  Financial Management Benefits

  
  The Corporate accounting system has shifted from simple to integrated control systems based on Enterprise Resource Planning (ERP) to perform these duties highly trained professionals are required. These courses on financial management help to groom talents in the desired way so that the country never faces a dearth of trained individuals.
  

  Financial Management Scope

  
  Scope in India
  Job opportunities in the field of financial management are plenty. With the rise of the Indian economy the Indian corporate sectors are also rising. Thus a career in this field is quite rewarding. The main job of a finance expert is to help his company earn more, to make future financial plans, to handle the liquidity or to plan the acquisition of another company. The highest post that one can acquire within a company is that of the Chief Financial officer (CFO) or director (Finance). One needs to constantly update his or her knowledge about the subject and its developments to maintain his position within the company. Beginners usually get something around Rs. 10,000- Rs.40, 000 per month. Experienced persons can draw a salary of up to Rs.1.5 Lakhs. One can also decide to be a financial planner who gives financial advices to individual clients.
  
  Scope abroad
  Financial management provides really god job opportunities abroad. International financing, including lending and borrowing provide a major area of action for such professionals. One can also find job opportunities in MNCs and even in multi-currency trading.