New Age Career Options For Finance Graduates

By Author: Indian School of Business & Finance
Total Articles: 64
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A career in finance has always had an aura of mystique to the uninitiated. However, its concept is quite rudimentary. In a laymen’s language, a career in finance is a job that involves handling money. For instance, if you pursue a graduate diploma in finance in Delhi or any other course in finance from anywhere in the nation, the job profile that you get to work on will be basically revolving around money management. It could be anything from working for an investment company to being an accountant. It could also involve trading stocks and bonds or being a financial advisor. All in all, the scope is wide, and options are plenty.
Yes, finance is one arena that can endow you with plentiful career options to choose from, both in the public and private sectors! Some finance jobs are more focused on managing money, while others focus on advising clients on how to handle their money. But how does a growing economy, like ours, provide great options for the career growth of Finance graduates? This piece from the Indian School of Business & Finance, a renowned institute offering a highly industry-centric ...
... graduate diploma in finance in Delhi, will articulate that. Read on!
Plentiful Options in Finance for Millennials
In India’s economy, there are hardly any career domains that have more growth potential than that in Finance. With the rise in new financial organizations such as banks, investment firms, brokerage firms, insurance companies, etc., the demand for skilled finance graduates has gone on a constant upward trajectory. As such, if you pursue a graduate diploma in finance in Delhi from a reputed institution like the Indian School of Business & Finance, some of the best career options that this golden age of capitalism will offer you include:

Stock Broking: The stock broking business requires the services of specialists such as financial analysts, economists, finance managers, capital market specialists, accountants, etc. As apparent, all these fields require professionals with a finance education background.

Financial Analyst: A financial analyst is expected to conduct research and analysis into a particular market, sector, or industry to advise a company on how this may impact its performance. They are also expected to acquire and interpret data to provide recommendations for future investments. You would be glad to know that as per the Bureau of Labor Statistics, by 2026, the jobs for financial analysts alone are expected to grow by almost 11%!

Economist: An economist applies economic theory and methods to evaluate economic processes such as production, distribution, and consumption. They also develop models to help understand and model the economic environment.

Finance Manager: A finance manager manages a company’s financial activities, such as capital raising or debt issuance. They are in charge of various accounting activities such as cost control, budgeting, and profit planning.

Capital Market Specialist: A capital market specialist is somebody who provides advice to companies on matters related to capital markets. Typically, the capital market specialist works in-house for the company and then advises other companies and individuals seeking funding. The person might also advise on other matters such as mergers, takeovers, or initial public offerings.

Accountant: An accountant is responsible for keeping track of financial records and reporting the results to the company’s stakeholders. The duties of an accountant vary depending on their employer, but their role may include preparing financial statements, filing taxes, and auditing financial statements.

Investment Banking:

 
We, at the Indian School of Business & Finance, a renowned institute offering graduate diploma in finance in Delhi, would like to reckon the fact that investment banking is indeed one of the most lucrative fields for finance professionals with many opportunities for growth and development. It is an umbrella term for the various jobs available at a bank. Some prime ones are:

Investment Banking Analyst: An investment banking analyst works in an investment bank’s research and analysis department. The job includes performing financial analysis on a company, evaluating companies according to their potential for growth, and writing reports about those companies.

Equity Research Analyst: An equity research analyst studies the markets to evaluate what stocks are worth buying and writes reports about the best prospects. An equity research analyst is a type of investment banker specializing in equity research, a financial market that describes the value of companies, industries, and market segments. This person analyses data to predict future trends and advise on the best economic markets.

Credit Analyst :The credit analyst post is another coveted position in a bank. They work with loan officers, portfolio managers, commercial banks, investment banks, mortgage brokers, and credit unions to assess risk and make recommendations on lending decisions. They study a company’s financial history and decipher its creditworthiness.

Financial Planning:

Well, the job description of a financial planner is in the name itself. You don’t have to look any further. But, to elaborate a little more, financial planners are professionals that help clients plan for financially secure futures. They have a broad range of expertise and can help with everything relating to one’s wealth, ranging right from retirement to estate planning
Financial planners are also known as wealth managers or financial advisors. They work with people who want to invest their money or save for retirement and provide guidance on making sound financial decisions. A financial planner can also help with a personal budget, investment strategy, and more.

Real Estate:

The real estate industry and the finance industry are co-dependent. Financial institutions lend money for mortgages for houses or commercial buildings to give their clients more investment options. These are called mortgage-backed securities and are considered part of the finance industry because they provide financing for people’s homes or businesses. Some subsets of the real estate industry and how they are related to the finance industry are as follows:

Property Management : Property management is one of the most critical aspects of the finance industry. It is a crucial part of the financial sector that provides a different service to customers and companies by controlling, managing, and selling real estate. They are responsible for selling the houses and other real estate to the interested parties.

Real-Estate Appraisals : Appraisals are a type of professional opinion given by a qualified appraiser. Appraisers have expertise in the valuation of the property. They determine the amount owed on loan, the property value for tax purposes, and whether there is enough equity to make improvements to the home or make repairs. Accordingly, they help decide if it will be profitable to sell or buy real estate.

Brokerage & Leasing: Brokerage and Leasing is a service that helps companies finance their assets by borrowing money from financial institutions. This type of financing is typically used when the company needs to acquire an asset but does not have the funds for it. It can also be used for refinancing purposes, where the company wants to borrow more money than what they owe on its current loan. Some brokerage companies also provide other services, such as assistance with valuations and transactions, tax planning and advice, and negotiating a lower interest rate on your loan or refinancing it. In return, brokerage companies take a commission from the transaction’s proceeds as fees for their services.

Real Estate Development:

Real estate development and finance are two different industries that overlap. The finance industry provides financing for real estate development projects. It is done through loans, private equity, or even venture capital. The financial organization’s official(s) advises developers on how to maximize profit and minimize risk by providing solutions with the help of their expertise and contacts in the industry. Finance is also involved in the development process through loan guarantees and underwriting.

Insurance:

The insurance sector is a significant component of the finance industry. The sector is responsible for providing insurance to individuals, businesses, and other organizations. The key function of the insurance entity is to provide financial protection against various risks and uncertainties.
Risks are typically grouped into two broad categories, namely, Life Risks, such as death, illness, and disability, and Property Risks, such as fire, theft, and natural disasters. Some of the coveted jobs in the insurance industry include:

Actuaries : Actuaries are professionals in the insurance industry who work to calculate and analyze risk. They use mathematical models to calculate the probability of an event and then use this information to set a price for insurance policies.

Basically, actuaries are responsible for calculating the probability of accidents or events happening, such as fires, floods, and other natural disasters, through available data. They also help determine how much money should be used in order to cover these events. Actuaries work closely with data scientists and mathematicians, as well as with other professionals in the insurance industry, such as underwriters.

Underwriter : An underwriter is a person or entity that evaluates the risk, determines the premium, and sets the terms of a policy. In most cases, the underwriter will be a representative of an insurance company.

Corporate Finance:

Professionals working in the corporate finance sector are responsible for managing funds for corporations. They help corporations manage their cash flow and raise funds. If you have pursued your graduate diploma in finance in Delhi, some of the jobs in the corporate sector that you can put your hands on include:

Treasurer : A treasurer is a finance professional who is responsible for managing a company’s financial assets and liabilities. The treasurer may be the head of the company’s treasury department, which often includes an accounting staff, investment staff, and risk management staff. They are experts who have been trained to handle all aspects of a company’s finances. They are in charge of maintaining accurate records of all transactions and investments. They also have to make sure that the funds are available when they are needed by the business.

Credit Manager : The credit manager has a crucial role in Corporate Finance. They develop and implement the credit policy of the company, which includes pricing, terms, collateral requirements, and collections policies. The responsibilities of credit managers are generally pretty wide and include working with internal stakeholders to ensure that all company departments are adhering to their respective financial obligations. Their responsibility also includes reviewing all applications for loans from potential clients or suppliers before they are submitted to senior management for approval.

They also monitor customer accounts in order to identify potential risks or issues which may require intervention by a Business Analyst and also to identify trends such as misused or lost cards and the impact it has on a business’s revenue stream. Moreover, they also monitor customer service calls in order to identify issues that can be resolved by the business with escalated support measures.

Investor Relations Officer : The role of an investor relations officer is to maintain cordial relationships with investors, both individual and institutional. The officer serves as the main point of contact for all investors. Professionals working in this role are responsible for providing information about the company’s activities and performance, as well as arranging meetings between company executives and institutional investors or analysts. They are also in charge of securing and cultivating relationships with other potential investors.

Controller : A controller is a person who is responsible for the financial reporting and accounting of a company. Reserved for the best of the best, this position is one of the most coveted ones as it is a very lucrative post. The primary responsibility of a controller is to monitor, review, and analyze the company’s financial performance. They also have to ensure that all regulatory requirements are met and that the company’s financial records are all accurate. The controller also supervises a number of diverse areas such as tax compliance, legal compliance, and government relations. The controller is responsible for establishing the chart of accounts used by the company.

Besides the career options mentioned above, there are many other roles as well that a finance graduate can go for, such as Forex Management, Money Management, and Commodity Trading. However, most individuals who pursue a graduate diploma in finance in Delhi choose among the most popular fields shared with you in this article. It all depends on where your calling lies!
 
CONCLUSION – THE REALM OF FINANCE PROMISES A SUNNY FUTURE FOR ITS PURSUERS!
The credibility of the truth that a career in finance is beyond questioning. It is common sense that with the rise of new companies, there will always be a demand for new finance-related jobs, and no other graduates are better suited for this field than the ones with an educational background in finance. After all, the industry of finance is the backbone of any economy and is a key player in shaping society in this ever-changing world.
Hopefully, we from the Indian School of Business & Finance, in this article today, have been able to shed some light on the bright prospects that the industry of finance holds for skilled and knowledgeable individuals. Thus, if finance is what interests you, let us assure you that you have made a great decision. Join our graduate diploma in Finance in Delhi, have faith in yourself, and claim a future that is rightfully yours!
 

Hey! Myself Tanya! I work as a marketing strategist. I have been working as a content writer for various educational institutions.