Wednesday, 13 March 2013

Career options in financial sector.


A career in financial sector means you would like to work as a financial manager, financial planner and look after the business financial aspects. If you specialize in finance major or minor in your management courses a wide variety of careers are open to you. “let us discuss few careers opportunity available in finance today in India.

Financial planning: A financial planner deals with planning for financial future of the firm. A good financial planner understands, capital market investment, money market investment, real estate, taxes investment basics, there are lot of jobs opportunities available in the above fields as financial planner.

Corporate finance: means a person work as financial manager. Financial manager play important role in planning, designing, implementing and monitoring financial plan & policies and procedure and executing various financial decisions. Corporate financial manager also look out for low cost funds and search profitable investment opportunity in the market.

Commercial and retail banking: today banking industry (SBI, ICICI, HDFC, PNB) are hiring largest number of employers as compared to any other part of the financial service industry. Now recruitment in banking is focusing more on management trainers in field of marketing, finance, HR and financial analyst.

Insurance: the various aspect of insurance are life insurance, loss by fire , theft, accident, medical insurance provides job in marketing distribution ,underwriting , operation . Risk and insurance management job in insurance involves variety of areas working as sales representative, an assets manager, an actuary or provides customer services.

Real estate: real estate field provide jobs in construction real estate appraisal, property management, leasing and brokerage and leasing and development of real estate.

International finance: companies are more interested to appoint financial professional who understand the global business environment and their operation. These financial professional helps companies deal with risk and return associated with company due to international operation and trade practices.

Investment banking: An investment bank is financial institutions that provide investment and other financial advisory services to corporation and high net worth individual’s job in basic includes financing for clients, deal structuring in merger acquisition, as a consultant and advisory services for corporate restructuring. Some investment banks are HSBC, Kotak investment.

Mutual Fund: Mutual fund in India has emerged as critical institutional linkage among various financial segments like saving, capital formation and the corporate sector.

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