Top Finance Degree and Courses
Are you searching the best and top finance courses and degree?
Are you going to make career in finance?
Are you 12th commerce pass out?
Are you sure to make yourself as finance manager?
Are you graduate and looking for next big?
You are a person looking for above. Then you at right place. Here I try to give you right information. When I begin to make a list of top finance courses available in India, I thought of keeping the big daddy i.e. the MBA in Finance, right.
There are many institutes in India to do MBA in Finance. Few of them are very prestigious like IIMs, ISB Hyderbad, MDI Gurugram etc.
Besides, MBA in Finance, you can do other prestigious courses that make your dreams true. So, I try to create a list of such marvellous financial sector courses.
First of all, any list does engage a definite fragment of partisanship and thus it will never be perfect. Despite all this, I attempt to create a list.
After all, a list helps you in the simplest way to know why we decide to take a certain action.
Although, I must want to include MBA for the sake of it as I know the popularity of this degree.
Observance this, I’m going to the fore with a list of top best finance and banking degrees and courses available in India. It would help you to make good use of your passion.
So let’s enjoy a short journey of these courses to make true your day dreams!!!!!
Probably the most apparent choice for anybody who wishes to make a career in financial services is to do an MBA in finance.
It is a career field which requires you to have skills in mathematics, economics, and financial theory. All these are further polished for specialization in the field of finance.
MBA in Finance is basically very important integral branch of MBA. This degree is now become almost mandatory for any specialised jobs in finance in India.
Masters in Finance or Masters in Business Administration (Finance)or PGP from tier I institutes like like IIMs, ISB Hyderbad, MDI Gurugram etc.
MBA from above like institutions are dreams of every person. So, to get admission to these business schools, you have to crake the entrance exam.
There are many entrance conducted by different business schools. The top in the list of entrance is CAT (Common Admission Test). It is conducted by IIMs.
Others like MAT, GMAT, XAT etc.
You have to choose a major as specialization. Additionally, you may choose your minors well.
The rigorous curriculum, internship with top MNCs and case study based studies trains them to be astute managers in future.
However, for jobs in finance are depends on a lot of your ability to jumpstart on a combination of economic factors, the strength of your placement cell, your alumni and also your independent ability to network.
If you wish to be on the global business schools, then do remember that MBAs from Harvard, Stanford, Oxford and INSEAD etc would be your choice.
Read| Accounting Ratios
2. Chartered Accountant
CA is by almost every business house for. Several banks and financial services firms CAs to fill their various financial analysis roles. CAs start their own practice soon after qualifying.
However, the pass rate of CA exams mere 4%-5%, and for candidate, it takes years the program.
Probably the most well-known statutory course is chartered accountant. This course was formed as a consequence of the enactment of the Chartered Accountants Act in 1949.
Chartered Accountancy offered by the ‘Institute of Chartered Accountants of India’ (ICAI). It has always been a very hunted, as well as prestigious professional qualification.
The course involves a combination of theory and more importantly practical training which run synchronously to provide a student with the necessary resources required to a professional accountant.
It is a rigorous course in the field of Accounting & Finance, which opens the doors to various career options in the financial domain.
Chartered Accountancy allows you to have rewarding careers in consultancy, investment banking, corporate finance, auditing, taxation, accounting, and legal counsel etc.
The profession allows you probably the best chance in finance to create an independent career. You can find successful chartered accountants in many small towns where many other professions may not flourish.
The chartered accountancy course also opens the doors for an international career also. Additionally, with the escalating beginning of International Financial Reporting Standards (IFRS) if you become a chartered accountant then the globe is your oyster.
However, the passing rate of CA in exams is a mere 4%-5%, and for an common candidate, it takes years to accomplish the program.
3. Cost Accountant
This course came into existence as a result of the Cost and Works Accountants Act, 1959. The act regulates the career of cost and management accountancy.
The Institute of Cost Accountants of India (ICAI) is previously called as the ICWAI (Institute of Cost & Works Accountants of India).
It is the only institution of India which offers Cost Accountancy education in the country. ICWA course has now been renamed as CMA.
CMA stands for Cost Management Accounting. This course is a blend of costing and management accounts. It is highly demanded course in the financial sector today.
This course comprises of three stages, i.e. CMA Foundation, CMA Intermediate and CMA Final.
A Cost and Management Accountant (CMA) is a person who performs following services:
- Accounting for cost of manufacturing an item.
- Pricing the goods and services produced.
- This certification of taxation is especially designed for indirect taxation.
Unlike pure accounting professionals say, chartered accountants, the demand for a cost accountant is a cross organization trend. So you in demand of following cases mostly:
- The marketing department needs you in preparing quotations for tender responses
- The production department needs you to make better decisions on a profitable product mix.
- The purchase department inevitably need of the cost accountants advice for taking the make or buy decisions.
- In top management you play a critical role in identifying business risks and their mitigation.
4. The Company Secretary
The course was a result of the company Secretaries Act 1980.
The Company Secretary is primarily the intermediary between the management and the organization’s board of directors.
Company secretaries are concerned in creating policies for the firms, maintaining legal records, taking care of public issues, supervision mergers and acquisitions related activities. Additionally they bridge as agents of the company while negotiating with a number of government authorities.
A Company Secretary has a definite chance of being employed by management consulting firms, banks, corporate and regulatory bodies besides having an option to practice independently.
You as a company secretary are also a wanted subsequent to professional for positions abroad with multi-national companies.
There is a burgeoning demand for Company Secretaries in the UK, the USA, and many other countries in the western world.
With the appropriate set of knowledge and skills, you as a company secretary can look forward to a rewarding career.
If you are an actuary, then your job would be to assess the financial impact of risk and uncertainty.
Actuaries assess the financial security systems, keeping a hawk’s eye on their complexity, the mathematics involved in the same and their mechanisms.
With set and skills, you as secretary can to a rewarding career.
If an actuary, then your job would be to assess the financial impact of risk and uncertainty.
Actuaries assess the financial security systems, keeping a hawk’s eye on their complexity, the mathematics involved same and their mechanisms.
Actuaries use mathematics the probability of events and minimize the impacts losses not only uncertain but is undesirable.
Many events like death avoided, however as an Actuary your job is the needful their financial impact if as and occur.
These risks have of impacting of the . Thus, be required the requisite skills in asset management, liability management, and valuation skills.
An actuary the analytical skills, business knowledge and understanding of human behavior required and manage programs that assess and control risk.
If an actuary, then be employed Insurance industry but also in corporate houses like Reliance, which issues 100 year or perpetual bonds. The profession is governed by the Actuaries Act of 2006.
6. Chartered Financial Analyst
The Chartered Financial Analyst degree is one of the toughest to crack but probably one of the most rewarding certification.
While MBA Finance offers specialization on business and finance domain, there are particular areas which fall outside the purview of MBA Finance.
If you’re a CFA charter holder, then you’re one among the foremost valued people in any organization. You are explored to for your insights backed by analytical inputs.
This is a highly asked for certification and is kind of acknowledge across the financial industry internationally.
It is conducted by the CFA Institute, USA. A rigorous curriculum and gruesome study routine prepares candidates for challenging roles within the finance industry worldwide.
This is an era of super specialization and industry demands degree. CFA is one such concentrating certification for those fascinated in making a career in investment analysis, security analysis and financial management.
7. Certified Financial Planner
If you wish to make your career in the wealth management then CFP is the one of the best option for you.
This course gives you in-depth training in various aspects of private finance like tax planning, insurance planning, estate planning, etc.
You can consider the certified financial planner to be just like the general practitioner MBBS.
You as a CFP are the most effective bet that individuals have in managing their growing wealth.
After completion of CFP, you would be sought after in banks, wealth management companies, insurance companies, mutual fund and other financial intermediaries.
In India, there is a shortage of good financial planners. As per some market estimates, India needs getting ready to 50,000 financial planners, and not even 10% has been met.
The CFP certification is valid in 23 countries within the world including Australia, UK, etc.
Financial Planning Standards Board (FPSB) India is that the authorized regulatory body for this course in India.
Founded in 2002, the Chartered Alternative Investment Analyst (CAIA) Association is that the global authority in alternative investment education.
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8. Chartered Alternate Investment Analyst
Founded in 2002, the Chartered Alternative Investment Analyst (CAIA) Association is that the global authority in alternative investment education.
The CAIA is pronounced as “KAI-ah”. This association is best known for the CAIA Charter®. It is an globally recognized financial course. And that is why the gateway to a network of over 10,000 alternative investment leaders in more than 95 countries.
The CAIA Charter is that the globally recognized credential for professionals managing, analyzing, distributing, or regulating alternative investments
Whether you would like a deep, practical understanding of the planet of other investments or simply a solid introduction, the CAIA Association offers a program for you.
It is an expert designation offered by the CAIA association to investment professionals who complete a course of study and pass two examinations.
The CAIA Charter profession is a profession that the best standard of complete in alternative investment learning that provides broad knowledge, demonstrated expertise, and global credibility in alternatives.
9. Financial Risk Manager
Since 2008, the element of risk management has come to the fore like anything.
GARP sets the worldwide standard in professional certification with the Financial Risk Manager (FRM) and Energy Risk Professional (ERP) certifications.
These programs are rigorous and really well respected across the world . By demonstrating expertise and commitment to higher risk management practices, Certified FRMs and ERPs stand apart in their respective organizations.
Addressing risk could be a team effort, and with over 150,000 members in 190 countries and territories – GARP Members are making a difference.
GARP Membership provides the community with engagement opportunities to possess a voice in industry research, unparalleled networking opportunities, access to risk intelligence, and much, much more.
Our conventions, along with 28 Chapter Directors representing 20 Chapters in additional than a dozen countries round the world, give the community the chance to fulfill and learn from each other .
Additionally, our Continuing Professional Development (CPD) program offers risk professionals access to the very latest in risk education, paving the way for a transparent view of the risk horizon.
If you were to decide on to become a Financial Risk Manager, then you’d be expected to manage the danger that accompanies any investments and would really like to broaden their knowledge of an equivalent .
This course is suitable for people seeking employment in risk management in banks, corporates, non-banking financial firms and firm houses.
If you would like to be a thinker about current going on growth of the globe or perhaps a country then this course is for you. Yes, economics degree could be a good bet for creating a career in financial services.
After all, it’s the economists who make all the policies that determine whether the country grows or flounders.
Economists are inevitable within the financial services industry for predicting an impression of policies which will affect business performance and make informed decisions about how policies would move and the way the business should react to the changing policies.
If you chose to become an economist then the financial services world would look to you simply like many of us look to astrologers, i.e. to know complex inputs and provides guidance on the way to use the available resources for creating valuable outputs.
A statistician handles the gathering , assessment, explanation and presentation of quantitative data.
You as a statistician provide insights, commendations, and advice on policy and strategy to clients within and out of doors your organization.
Using this, handle monitoring data collection and using modeling techniques, both mathematical and statistical. you’d even be expected to present your findings together with providing strategic advice on how best to use the results.
12. Financial Modelling and Investment Banking Programs
Financial Modelling is a valuation system which teaches you to work with historical information of an organization and analyze the organization performance with the help of financial parameters.
With the help this analysis system you are able to estimate of the valuation of companies/projects.
Financial Modelling skills are a requirement for equity research and investment banking careers.
If you would like to make a career in the field of financial research, equity research, investment banking, and other core finance areas, then doing MBA or CFA degrees would not help alone. You should do more certification and diploma also.
You need to study skills that are required to try and do the particular work on the duty.
You can learn the abilities by online or classroom programs.
From financial modelling and business valuation to get in Excel mastery. This FMVA Certification Program is helpful to you.
It gives you a chance to stand out as a world-class financial analyst. It can be passed without spending years in a classroom, and without spending thousands of dollars.
Best of luck!!!