Financial Management and its Career Prospects

Sep 12 • Management, Top Colleges • 1875 Views • No Comments on Financial Management and its Career Prospects

Financial Management is defined as the effective and efficient management of money (funds) in such a manner in order to develop the financial skills and discuss the financial policy decisions in a global economy. The objective of this course is to understand

  • The value of the money and financial markets,
  • Valuation of stocks and bonds,
  • The cost of capital and capital markets
  • Short and long-term financing etc.

This course familiarizes students with accounting terminology and methods so that they can analyze, interpret, and evaluate published corporate financial reports. Financial Management covers following areas:

  • Valuation of real and financial assets
  • Financial derivatives and Risk management
  • The trade-off between risk and expected return and
  • Corporate financing and dividend policy.

Course Specialization:- 

Financial Management

Course Specialization

  • Bachelors Degree in Financial Management
  • Diploma Degree in Financial Management
  • PG Degree in Financial Management

Eligibility Criteria: 

I. For Under Graduate Courses-

To take an admission into UG courses applying candidates must be passed 10+2 or equivalent examination with minimum 60% marks form the Central Board / State board.

II. For Post Graduate Courses-

To take an admission into PG courses candidates need to be completed their bachelor degree in any discipline with at least 50% marks from a recognized Institute.

iii) Also candidates  need to have a good score in the following entrance exam-

  • CAT
  • XAT
  • MAT

Top 5 Colleges Offering Financial Management in India  : –

Name of the CollegeContact DetailsWebsite
1. Institute of Management Technology Hapur Road, Sector 20, Raj Nagar, Ghaziabad, Uttar Pradesh- 201001Phone: 0120 300 2200www.imt.edu
2. ITM Business School, BangaloreBehind Meenakshi Temple, Banneraghatta Road, Hulimavu, Bengaluru, Karnataka- 560076 Phone: 080 2658 0776www.itm.edu
3. INJ Business SchoolPlot No. 10, Knowledge Park-3, Greater Noida, Knowledge Park III, Ruhallapur, Uttar Pradesh- 201310Phone: 0120 232 3901www.injbs.edu.in
4. Institute of Business Studies and ResearchThapar Complex, Plot No.51, Sector-15, CBD Belapur, Navi   Mumbai, Sector 15, Belapur, Navi Mumbai, 400614Phone: 022 2786 7538www.ibsar.ac.in
5. Indian Institute of Financial Planning2E/8, Jhandewala Extn.
New Delhi-110055.Phone: 91-9953755094, +91-9953755077
www.iifpindia.com

Career Prospects with Remuneration:

Financial Management courses

Career Prospects in this field

There are enhance career opportunities in this field. After completing graduation in Financial Management one can  look out for exciting careers in financial institutions, banks and financial consultancies . Employments are also available in institutional finance, investment banking, merchant banking, international finance  and corporate finance.

Some Popular Job Profiles in this field are-

  • Finance Manager
  • Risk Manager
  • Finance Consultants 
  • Insurance Manager
  • Finance Officer
  • Credit and Cash Manager
  • Director of Finance
  • Finance Controller
  • Chief Financial Officer

The salary structure depends on the academic personal skills, achievements and capability.

i. Those who will join as Fresher can earn between Rs. 10,000- 15,000 per month.

ii. Those people having experience can earn Rs.40,000 per month.

iii. For Credit Analysts, Management consultants salary will be 5-6 Lacs per annum.

Please feel free to post your comments and suggestion in the given below comment section. We will be glad to have your feedback.

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