Those students who do financial management course can aspire to become a Financial Planner, Financial Manager etc. A skilled financial professional helps their clients to manage their finances efficiently.
Though you can start a career in the industry with a bachelors’ degree, some employers insist on a masters’ degree. IES MCRC is one of the leading educational institutes in Mumbai offering Master’s In Financial Management to the aspirants. The program offered by the institute trains the students on theoretical and practical aspects of financial management that help them acquire industry relevant skill sets.
A good financial management program helps its students acquire various necessary skills such as,
- Analytical skills: The student learns to examine and evaluate financial statements and appraise the financial standing of their clients. They can assess the quantitative and qualitative dimensions of business problems to help others understand the financial implications of the actions taken by the company or individual.
- Communication: To develop their skills as good advisor, the student must learn to communicate clearly. They must carefully listen to the clients’ needs and answer their queries accordingly. Good communication skills help them anticipate what the client needs.
- Attention to details: Careful attention to the smallest of details makes a financial professional reliable as they have to deal with large numbers. A single movement of decimal point can cause a big problem for them and their clients.
- Stress handling: In a job where small mistakes can ruin careers, the stakes are always high. A stressed-out advisor is of no good at all. Therefore, let go off the stress and relax.
- Computer skills: A financial graduate learns to use spreadsheets, PowerPoint presentations and many other software. They need these software to represent and analyse the financial data in a sophisticated way.
Some of the popular job options for the candidates completing financial management course include:
- Financial Planner: A financial planner advises their client on how to manage finances. They decipher the trends in the market and apply principles of accounting to devise a pathway for the investor to follow.
- Financial Analyst: A financial analyst dissects financial statements and other financial data such as, stocks, bonds, mergers, acquisitions, etc. to produce a detailed report about their findings. They build financial models to help others understand their findings and answer the relevant questions.
- Investor Relations Associate: A investor relations associate formulates and presents the financial data about their client to other stake holders such as investors, analysts, business media, etc. They must understand how to organise, interpret, highlight and communicate the financial statements.
- Actuary: An actuary plays a pivotal role in the sectors such as insurance, banking, accounting firms, etc. They must know how to calculate the probability of an event and assess its financial consequences. They play a very important part in the decisions making process of a financial establishment.
Other job profiles available to the candidates include the below ones:
- Commercial real estate agent
- Business teacher
- Credit analyst
- Budget Analyst
So, complete a financial management program from a reputed institute to give a flying start to your career.