sonnia@sonniasingh.com

+917678443686

Share:
Career Suitability Test
Is career in Financial Management good choice for me?

Check your Career suitability Now.

Start Now
Career Library > Financial Management

About Career

 Do you like finance and business? Would you like to become a CFO ( chief financial officer ) in a company? If yes, you are the perfect fit for financial management as a career option.

Financial management is all about managing the financial health of an organization. Business Financial manager is responsible for plan, procure and utilize the funds. They are responsible for develop strategies and plans for the short-term and long-term financial goals of their organization.

The objective of Financial Management is profit maximization and wealth maximization.

What are the roles and responsibilities for Financial Analyst?

    • Conduct financial analysis related to investments.
    • Evaluate financial viability and potential.
    • Forecast or analyze financial costs.
    • Identify potential financial investments.
    • Research and recommend financial products.
    • Analyze market conditions or trends.
    • Recommend investments to clients.
    • Draw charts and graphs, using computer spreadsheets, to illustrate technical reports.
    • Inform investment decisions by analyzing financial information to forecast business, industry, or economic conditions.
    • Monitor developments in the fields of industrial technology, business, finance, and economic theory.
    • Interpret data on price, yield, stability, future investment-risk trends, economic influences, and other factors affecting investment programs.
    • Monitor fundamental economic, industrial, and corporate developments by analyzing information from financial publications and services.
    • Monitor investment banking firms, government agencies, trade publications, company sources, or personal interviews.
    • Recommend investments and investment timing to companies, investment firm staff, or the public.
    • Determine the prices at which securities should are syndicated and offered to the public.
    • Prepare plans of action for investment, using financial analyses.
    • Evaluate and compare the relative quality of various securities in a given industry.
    • Present oral or written reports on general economic trends, individual corporations, and entire industries.

 

What are the key skills required for Financial Management?

  • Financial Analysis
  • Budgeting
  • SAP
  • SAP Financial Accounting and Controlling (SAP FICO)
  • Financial Modeling
  • Financial Reporting
  • Accounting

What are the career opportunities in Financial Management?

  • Bill & Account Collectors
  • Cash Manager
  • Credit Manager
  • Financial Executive Assistant
  • Financial Managers
  • Foreign Exchange Manager
  • Performance Manager
  • Economists
  • Financial Analyst
  • Fraud Examiners Analysis
  • Risk Analyst Treasurer Chief Financial Officer

What is the salary and demand for Financial Analyst?

  • Demand is High for Financial Management.
  • Salary levels are High for Financial Management. For fresher average salary is more than 5 Lacs.
  • Fees levels of the course is Medium. To pursue this course student need to spend 3 to 4 Lakhs.
  • Level of preparation for Financial Management is Medium. Students spend 1 year to prepare for entrance test of Financial Management.

1 Fees
Medium
1
2 Demand
High
1
3 Salary
High
1
4 Level Of Preparation
Medium

Career Videos for Financial Management as a career curated from Youtube

What education is required to become a Financial Analyst?

  • Student can do 12-th any stream. Then complete BBA-Finance. Further you can Proceed with MBA Finance. Further you can Proceed with Certification course like CFA.
  • Student can do 12-Commerce. Then complete B.Com. Further you can Proceed with MBA/Masters in Finance. Further you can Proceed with Certification course like CFA.
  • Student can do 12-Commerce. Then complete CA. Further you can Proceed with CFA.
  • Student can do 12-Commerce. Then complete Bachelors in Finance/BFIA/B.com. Further you can Proceed with CFA.

Career Navigator 1

12-th any stream

BBA-Finance

MBA Finance

Certification course like CFA

Career Navigator 2

12-Commerce

B.Com

MBA/Masters in Finance

Certification course like CFA

Career Navigator 3

12-Commerce

CA

CFA

Career Navigator 4

12-Commerce

Bachelors in Finance/BFIA/B.com

CFA

What are the best colleges for Financial Management in India?

For Graduation

  • Nirma University - [NU], Ahmedabad
  • Symbiosis International University - [SIU], Pune
  • Jamia Millia Islamia University-[JMI], New Delhi
  • Jamia Hamdard University, New Delhi
  • Guru Gobind Singh Indraprastha University - [GGSIPU], New Delhi
  • Symbiosis Centre for Management Studies - [SCMS], Pune
  • Shree Guru Gobind Singh Tricentenary University - [SGT], Gurgaon
  • ICFAI Foundation for Higher Education - [IFHE], Hyderabad
  • SP Jain School of Global Management -[SPJSGM], Mumbai
  • Banasthali Vidyapith, Jaipur

For Post Graduation

  • Indian Institute of Management - [IIMB], Bangalore
  • Indian Institute of Management - [IIMC], Kolkata
  • Indian Institute of Management - [IIM], Lucknow
  • Xavier Labour Relations Institute - [XLRI], Jamshedpur
  • University of Delhi, Faculty of Management Studies - [FMS], New Delhi
  • Indian Institute of Management - [IIMK], Kozhikode
  • Management Development Institute - [MDI], Gurgaon
  • Indian Institute of Foreign Trade - [IIFT], New Delhi
  • SP Jain Institute of Management and Research - [SPJIMR], Mumbai
  • Institute of Management Technology - [IMT], Ghaziabad

Recommendations

A

Career in Administrative and Operations Support
B

Career in Business Analytics
B

Career in BPO
H

Career in Human Resources
P

Career in Project Management
B

Career in Business Management Information Technology
I

Career in International Business