Benefits Of PGDM Courses In Banking And Finance


PGDM in banking and finance is one of the most sought after course options these days. Pursuing PGDM courses in Banking and Finance is a lucrative career option as well. Finance is like the lifeblood of an organization. So, there is always a need for financiers and bankers in the industry. Consequently, there are excellent job opportunities in the same field.

PGDM in finance and banking is designed to enhance the financial management aspects, such as working capital management and international finance of the students. It helps the students to understand the process involved in analysing cost and expenses and making a balance sheet. It also equips the students with the skills to minimize the operational cost and maximize the profits.

To pursue the course, the student is required to possess the following skills:

·         Mathematical & analytic skills
·         Communication skills
·         Managerial skills
·         Attention to details and research

Now let’s take a look at the career opportunities after PGDM in finance:

Investment Banker
If you choose to be an investment banker after the course, your duties will include raising money from the capital market for the organization. You will also have to assist the organization with Mergers & Acquisition. The starting paycheck for the investment bankers is Rs. 2-4 lakhs.

Financial Planner
The key responsibilities of a financial planner to cover all the areas of the financial needs of the organization and play a key role in the achievement of their goals. You will have to plan for investment and planning issues, risk management, insurance planning, retirement planning, tax planning, cash flow, and liberty management. The salary package for freshers starts from Rs. 3 to 5 LPA.

Financial Advisor
A financial advisor advises the organization and helps to plan short and long-term financial goals. These goals can be merger or equity investment. You will also have to advise on taxes, insurance, and investment. The salary package of a financial advisor ranges between Rs. 7 and 10 lakhs.

Equity Analyst
An equity analyst studies the financial information of the organization and makes all important changes. He reviews stocks, bounds, and also writes an equity report. There are several other roles and responsibilities of an equity analyst that vary from an organization to another. The average salary package of an equity analyst is Rs. 3-5 lakhs.

There is a good scope after pursuing PGDM in banking and finance. Now that you know the top job opportunities, you can make a well-informed choice for your career.

Comments

Post a Comment

Popular posts from this blog

PGDM v/s MBA – The Difference Explained

Image
Ever tried researching about MBA and got confused between MBA and PGDM? They are both management courses. Confused about which degree to pursue? How are they different? Which course is better? Let us try to answer some of these few questions. Degree and Diploma MBA or Masters in Business Administration is a degree course offered by the Universities (both Government and Private) and Colleges affiliated to these Universities. Post Graduate Diploma in Management (PGDM) is a Diploma programme offered by B-schools/Colleges that are recognized by Government of India’s nodal body for technical education - All India Council for Technical Education (AICTE). Admission Procedure and Exam Entrance For MBA, national level entrance exams like CAT, XAT ETC are conducted. State level exams are also conducted. For PGDM, colleges have the option to choose students from the national and state level entrance exams or conduct their own private exams. Clearing these exams lead to the Group Dis
Read more

Top Reasons to Pursue Fellowship Programme in Management

FPM or fellow programme in management is a doctoral-level programme that is specially designed to help aspiring researchers who have a keen interest in good quality research. The program equips candidates with in-depth knowledge of management that cover diverse basic and complex concepts and aspects. Although  fellow programme in management is a demanding course, it offers several great benefits. Professional Growth The curriculum of FPM is designed to offer professional development opportunities to aspirants. During this programme, you learn several vital skills that help you grow as a professional. You learn public speaking, leadership skills, management skills, and writing skills to name a few. Further, you get opportunities to take part in seminars and conferences both nationally and internationally. Personality Development Not only does FPM offer professional growth, it ultimately enhances your personality by boosting your confidence. The programme provides an all
Read more

Here’s Everything You Need To Know About CAT Exam

Image
CAT or Common Admission Test is the entrance exam, which is designed for the aspiring candidates who wish to make a career in MBA (Management and Business Administration). The exam is conducted by IIMs (Indian Institutes of Management). The CAT score (marks obtained in the exam) is considered during the admission in many top B-schools; there are many CAT accepting colleges in India. Reasons to Give CAT ·          The candidates passing out of the colleges are picked by big companies with hefty salary packages. ·          There is a diversity of jobs. The candidate can pursue a range of specialization courses, such as Finance, Strategy, Marketing, etc. ·          To grow beyond a level in career, a candidate requires an additional diploma/degree. Opting for PGDM/MBA is one of the right decisions for a career in India. ·          The candidate can also choose to become an entrepreneur and start a new business. The course will help in upgrading knowledge.
Read more