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.