Financial Management Courses in India: It is that field of management that deals with the management of the finances of the companies or any organization to achieve its financial objectives. In this generation of liberation, privatization, and globalization, numerous opportunities are lined up for financial managers in the companies.
Various MNC’s are coming to India, and companies are opting for joint ventures abroad. All this has benefited those who are qualified in managing funds and have experience in handling financial resources of any organization.
A new branch known as financial planning has also taken its place in the career field. It is concerned with helping the organization make advanced provision for financial needs that may arise in the future.
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Financial Management Courses in India: Eligibility
Financial courses are offered both at undergraduate and postgraduate level. For undergraduation degree, a minimum of 50% marks in Commerce is required, and for post-graduation, an undergraduate degree is a must. Other institutes might even conduct entrance exams followed by group discussions and interviews such as:-
- IPM TEST- NATIONAL LEVEL/IIM
- DU JAT – NATIONAL/DELHI UNIVERSITY
- SET BBA- NATIONAL/SYMBIOSIS UNIVERSITY
- GGSIPU CET BBA- NATIONAL/GURU GOBIND SINGH INDRAPRASTHA UNIVERSITY
Institutes Offering Financial Management Courses In India
Candidates can also apply for MBA/CA/CFA/Insurance specialization as they also cover the key topics. Some of the popular institutes are:-
- The Institute of Chartered Financial Analysts of India University, Hyderabad
- International College of Financial Planning, Delhi & Mumbai
- Financial Planning Academy, Delhi & Mumbai
- Indian Institute of Management, Ahmadabad
- Indian Institute of Management, Calcutta
- Indian Institute of Management, Lucknow
- Indian School of Business, Hyderabad
- Faculty of Management Studies, University of Delhi
- Indian Institute of Management, Indore
- Indian Institute of Management, Calicut
Job Prospects
- Finance Manager
- Financial Planner
- Financial Analyst
- Financial Auditor
- Investment Banking Analyst
- Actuary
- Accountant
- Investor Relations Associate
Financial Management Courses in India: Frequently Asked Questions (FAQs)
- Who are the recruiters in the field of Financial Management?
- State bank of India
- LIC
- HDFC bank
- ICIC bank
- Kotak Mahindra bank
- IDBI bank
- Canara bank
- Union Bank of India
- Indian overseas bank
- The central bank of India
- SBI capital markets ltd.
- Bajaj capital limited
- DSP Merrill lynch limited
- L&T finance ltd.
- Karvy group
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- What is the salary for Financial Management course?
Don’t worry about the salary as the skilled and talented pool of candidates gets a good salary package.
- Less than a year- 190000-700000 INR
- 1-4 years- 2,40,000- 12, 00,000 INR
- 5-9 years- 4,00,000-15, 00,000 INR
- 10-19 years- 4,00,000- 20, 00,000 INR
- What is the importance of Financial Management courses in India?
Importance of Financial Management courses in India are:-
- It helps to decide financial situations.
- It helps in decision-making processes.
- It helps in structuring the financial plans.
- It helps in making financial strategies.
- It provides insights into the balance sheet.
- It provides insights into the profit and loss account.
- It is the most significant source of funds.
- It helps in making management decisions.
- It helps in giving funds.
- It is the primary source of capital.
- It helps in monetizing the business.
- It helps in maintaining the bargaining level and helps in protecting interests.
- It helps in working of the company smoothly.