Finance Careers In India: List Of Best 8 Finance Sectors In India

Finance Careers in India: A career in finance isn’t all about money, though it starts there. For the business graduate, earning a degree is just the beginning. The next step is to take a closer look at the available career options and then measure which industry sectors have the greatest need for new professionals. It’s also important to consider one’s own interests and strengths as one discerns the type of work that one would enjoy and at which one would excel.
There is a range of industries where one can work in.

ALSO CHECK: Financial Management Courses in India: Eligibility | Institutes | Jobs

List of Finance Careers in India

1. The Financial Services Industry:

The financial services industry is multifaceted, offering a variety of positions that cater to different skills and interests, along with sub-industries that encompass niche opportunities. Researching the possibilities in Finance Careers In India will help one to land the job that is most compatible with one. The same is true for professionals who are seeking a career change and who want to give a new sector a shot.

2. Financial Planning:

Financial planners help individuals develop plans to ensure their present and future financial stability.
Most financial planners work in either large, nationwide groups or in smaller, locally based firms. Some planners charge a flat fee, and others charge a percentage of the client’s assets under management (AUM), where they receive commissions on the products they sell—like mutual funds.

3. Corporate Finance:

Corporate finance jobs involve working for a company in the capacity of finding and managing the capital necessary to run the enterprise. This is done while maximizing corporate value and reducing financial risk.
One gets the opportunity to devise the company’s overall financial strategy, forecast profits and losses, negotiate lines of credit, prepare financial statements, coordinate with outside auditors, etc.

ALSO CHECK: Business Accounting And Taxation Course: Best Institutes | Scope | FAQs

4. Commercial Banking:

Commercial banks from large entities to local institutions offer a wide range of financial services, from checking and savings accounts to individual retirement accounts and loans. Positions in the commercial banking sector include bank tellers, loan officers, operations, marketing, and branch managers.

5. Investment Banking:

Some of the most glamorous—and intense—financial careers are jobs in investment banking. Investment banking jobs facilitate new issuance of corporate securities and bring them to the market for investors to purchase. Investment banks also trade securities and advise both corporations and wealthy individual investors.

6. Hedge Funds:

Hedge funds are primarily unregulated private investment funds whose managers can buy or sell a wide array of assets and financial products. Typical hedge fund jobs include – financial analyst, trader, regulatory compliance officer, quantitative analyst, marketing manager, portfolio manager, etc.

7. Insurance:

A job in the insurance sector could involve helping businesses and individuals anticipate potential risks and try to protect themselves from losses.

ALSO CHECK: Best 10 Banking Jobs In India: Salary | Security | FAQs

8. Public Accounting:

Public accounting is a broad field with many opportunities. Certified public accountants help businesses and individuals keep track of their finances according to generally accepted accounting principles. Public accountants record business transactions, help prepare financial statements, and financial audit records, prepare income tax returns and provide related consulting services.