Financial Management and its Career Prospects

Sep 12 • Management, Top Colleges • 1961 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:- 

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

Career Prospects with Remuneration:

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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