This is for finance professionals to understand the opportunities available to them in public, private and non profit organisations. I have covered some of the areas where finance professionals have excellent scope. As per my corporate experience I have jotted down some areas of finance that are available in the market. So to get an idea where would we want to be!!!
1. COMMERCIAL BANKING : With burgeoning incomes and deregulation of banking sector, there are a large number of banks offering a wide range of services to consumers. Today banking goes far beyond just maintaining a savings account. It's more about wealth management. A career in banking offers opportunities in accounts, securities, commodities , financial management, financial and credit analysis and sales of financial services. Treasury management is also an important function in banking operations. Examples : SBI, CITIBANK.
2. INVESTMENT/MERCHANT BANKING: Investment bankers help companies and government issue stocks and securities. They help investors in buying and selling these securities and manage their financial assets. They also provide financial advice to companies and high networth individuals. Example: JP Morgan, Morgan Stanley,ICICI Bank.
3.MONEY MANAGEMENT: Money Managers holds stocks and bonds for institutional clients. They also sell these stocks and bonds and reinvest the funds to ensure that their clients earn a good rate of return on the money invested. Money managers also provide clients with advice on their financial investments.Fund Managers managing the portfolio management.
Example :Mutual funds such as Kotak Mahindra ,HDFC Mutual fund.
4.CORPORATE FINANCE : Employees working for large corporates and Non banking financial companies raise money to run the business, deploy the funds to make the existing business grow, make acquisitions and plan for financial future of the business.
5. Management Consultancy: Consultants help clients restructure the financial aspects of their business. Also help their clients in mergers and acquisitions. Example: Ernst and Young, Pricewaterhouse coopers.
6. Insurance: Finance professionals can help the individuals and businesses manage risk to protect themselves from accident/losses. Example: ING Vysya, Max New york.
1. COMMERCIAL BANKING : With burgeoning incomes and deregulation of banking sector, there are a large number of banks offering a wide range of services to consumers. Today banking goes far beyond just maintaining a savings account. It's more about wealth management. A career in banking offers opportunities in accounts, securities, commodities , financial management, financial and credit analysis and sales of financial services. Treasury management is also an important function in banking operations. Examples : SBI, CITIBANK.
2. INVESTMENT/MERCHANT BANKING: Investment bankers help companies and government issue stocks and securities. They help investors in buying and selling these securities and manage their financial assets. They also provide financial advice to companies and high networth individuals. Example: JP Morgan, Morgan Stanley,ICICI Bank.
3.MONEY MANAGEMENT: Money Managers holds stocks and bonds for institutional clients. They also sell these stocks and bonds and reinvest the funds to ensure that their clients earn a good rate of return on the money invested. Money managers also provide clients with advice on their financial investments.Fund Managers managing the portfolio management.
Example :Mutual funds such as Kotak Mahindra ,HDFC Mutual fund.
4.CORPORATE FINANCE : Employees working for large corporates and Non banking financial companies raise money to run the business, deploy the funds to make the existing business grow, make acquisitions and plan for financial future of the business.
5. Management Consultancy: Consultants help clients restructure the financial aspects of their business. Also help their clients in mergers and acquisitions. Example: Ernst and Young, Pricewaterhouse coopers.
6. Insurance: Finance professionals can help the individuals and businesses manage risk to protect themselves from accident/losses. Example: ING Vysya, Max New york.
hey that was really useful ... :D
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