What about Financial Management ?
The financial management course contain with financial accounting, planning, and strategizing plans for the lucrative flourish of organization. The courses mainly contain to impart financial skills to the students, which will help them make budgets and allocate resources to different departments of the organization. Be it any industry from banking, NBFCs to corporate,financial services, financial management course is in good order with all the subjects that will enhance your understanding to mastery in each of these sector and many more.
Qualification Criteria for Admission in Financial Management
The first method in the admission process is qualification criteria. If you have understood all the criteria mentioned under this category then you can simply solicit for the course. So known about the qualification criteria at each level to solicit for financial management course:
Diploma Level
You can pass off diploma course in financial management after plus two level. The diploma level course covers basic details regarding financial markets, corporate finance and fixed and working capital needed within the business. business.
Undergraduate Level
The undergraduate level course may be pass off after finishing of 10+2 level regardless of any field. candidates with commerce background get a grip within the admission typically.
Postgraduate Level
After victorious finishing of graduation from a recognised university/college with minimum five hundredth overall percentage, you’ll be able to apply for the postgraduate course in financial management.
Doctoral Course
Doctoral course is the highest level of degree that you simply will earn within the field of management. After victorious finishing of graduation from a recognised university or college you will obtain Ph.D. title in your name.
Popular Financial Management Colleges in India
Financial management courses are vastily pass off by several B-Schools in India. The course syllabus contain by each university may be different. If you are ready to pursue a career in financial management, then you can seek MBA collage mentioned below. The collage have been ranked by NIRF, Ministry of human Resource and Development and the rankings gave the idea about the quality of education imparted by the IIMs to the candidates.
| S.No. | Institute | Location |
| 1 | Indian Institute of Management | Bangalore |
| 2 | Indian Institute of Management | Ahmedabad |
| 3 | Indian Institute of Management | Lucknow |
| 4 | Indian Institute of Management | Calcutta |
| 5 | Indian Institute of Technology | Bombay |
| 6 | Indian Institute of Technology | Roorkee |
| 7 | Indian Institute of Technology | Kharagpur |
| 8 | Indian Institute of Technology | Delhi |
| 9 | Xavier Labour Relations Institute | Jamshedp |
| 10 | Indian Institute of Management | Kozhikode |
Source: NIRF Rankings
Popular Recruiters for Financial Management
There is a large pool of job scope for students accomplished in finance stream. Be it companies&firms, banks, government departments and agencies or educational institutions, finance stream professionals have got a vast chance when jobs are concerned. So here is mentioned most valuable Indian brands in the financial stream as ranked by ‘Brandfinance.com’. Take a seek at this and aim for them:
| State Bank of India | LIC |
| ICICI Bank | Kotak Mahindra Bank |
| HDFC Bank | Indian Overseas Bank |
| Canara Bank | Bajaj Capital Limited |
| Central Bank of India | IDBI Bank |
| Union Bank of India | DSP Merrill Lynch Limited |
| Karvy Group | SBI Capital Markets Limited |
| L & T Finance Limited | Yes Bank |
Financial Management in Entrance Exam
Be it a polytechnic institute or skilled degree course, there’s continuously associate entrance examination that associate aspirant must seen admission in the desired institute. ere may be a list of all the entrances during which you’ll be able to register to induce admission to financial management course:
Diploma Level
To seek admission in diploma courses, you can able to solicit for state level polytechnics as they pass off the entrance exam for each state to supply industry-ready professionals.
Undergraduate Level
| IPMAT 2018 | Symbiosis Entrance Test (SET) |
| GGSIPU CET BBA 2018 | DU JAT |
| NPAT 2018 | AIMA UGAT 2018 |
Postgraduate Level
| XAT (Xavier Aptitude Test) | AIMA-MAT (Management Aptitude Test) |
| NMAT By GMAC | SNAP (Symbiosis National Aptitude Test) |
| CAT (Common Admission Test) | IBSAT (IBS Aptitude Test) |
| MICAT (MICA Admission Test) | IIFT (Indian Institute Of Foreign Trade) |
| CMAT (Common Management Admission Test) | MAH – MBA/MMS CET (Maharashtra MBA Common Entrance Test) |
Doctoral Course
| IIIT Delhi PhD Admission Test | XIMB-RAT (Research Aptitude Test) |
| Symbiosis University Ph.D entrance examination | Aligarh Muslim University PhD Entrance exam |
| Indira Gandhi National Open University (IGNOU) Entrance Exam | Research management aptitude test R-MAT |
| Faculty of Management Studies (FMS), Delhi University PhD entrance test | UGC NET |
Financial Management Subjects and curriculum
Financial management graduates will value more highly to focus on the themes mentioned below to carve out their niche within the business. though the themes mentioned below area unit a district in fact information, however you’ll be able to select one to pursue career chance. The list of the sub- specialization is as under:
Portfolio Analysis
If you focus during this subject, you’ll be able to become a portfolio analyst. Thereafter, your job will be to learn about the economic trends, capital market reports, allocate the number in securities and also to arrange the reports that showcase the enhance of invested cash in capital and cash market instruments.
Money and Capital Markets
This subject will provide insights about financial assets such as bonds,stocks, derivatives,currencies and commodities. Another aspects such as capital market, bond market, and money market will be dealt in fully with theories.
Security Analysis & Portfolio Management (SAPM)
SAPM should be studied by those students who want to pursue a career in the stock market. Topics like Futures and Option, Portfolio Theory and Asset Pricing, Bond Valuation and Analysis and Behavioral Finance etc are contained. This subject use to develop the horizon of the students and impart art skills about the industry.
Rural & Co-Operative Banking
Rural and Cooperative Banking is an ideal part of financial management. This accomplished focuses on collages credit and the indicat their own financial health in rural places.
Risk Management
A business faces risk at each step, whether it’s being influenced bymanageable element or uncontrollable ones is studied during this subject. Financial risk management helps you acquire knowledge and skills regarding the financial risks to that a business is exposed and the way to trot out them.
Salary after Financial Management
Salary plays a main role when you choose aspecific career choice. for the finance management graduates, there’s no reason to fret because the industry pays right to the skilled and proficien pool of students, provided they’re well-versed with the ability their stream. The salary package for the finance graduates are listed below:
| Years of Experience | Salary (INR in Lakhs) |
| 20 years and more | 481653 – 2442522 |
| 0-19 years | 401482 – 2014703 |
| 5-9 years | 487126 – 1530296 |
| 1-4 years | 240534 – 1211501 |
| Less than a year | 190000 –700000 |
Source: naukrihub.com
Career – Financial Management
In the field of financial management, there are lack of job scope awaiting the skilled professionals to stand the vacant positions within the organizations. Be it a diploma degree or a doctoral one, each the designation and salary package are assigned as per the extent of education and skill within the trade.
Job scops in Financial Management
For a beginer, obtaining a job in the financial company, firm or market is the basic foundation of their career. The role of finance candidate is extremely dynamic as they want to collaborate with the opposite departments of the organization and they are expected to show up at the front end to communicate with the client if the requirement arises. Here are some top job places that are offered to finance candidate after finishing of their course:
| Financial Analyst | Investment Banking Analyst |
| Actuary | Finance Manager |
| Financial Planner | Accountant |
| Investor Relations Associate | Financial Auditor |
Courses- Financial Management
The financial management courses can be pursued after you finish 10+2 level. you’ll be able to pursue certificate courses if you are not would like to pay considerable time in pursuing undergraduate courses. yet, if you plan to pursue further studies, then going for the undergraduate course is a good decision. Take a seek at numerous kinds of courses in financial Management stream:
Diploma in Financial Management
A diploma course is the ideal level course that you can solicit for finish your 10+2 level. The time period of this course is one year.
Under graduation in Financial Management
The time period of the undergraduate degree in financial management is three years. The undergraduate course in Financial Management is called as BBA degree.
Postgraduate course in Financial Management
The time period of postgraduate degree is three years. This degree is popularly known as MBA/MA in Financial Management.
Doctoral Course in Financial Management
You can solicit for the doctoral course in financial management i.e. Ph.D. in financial management after finishin gpostgraduate degree. The time period of the Ph.D. course is 3-4 years.
