Top 5 jobs in Finance

Being one of the major specializations in MBA, an MBA in Finance is known to open up lucrative job offers in various sectors. Why? Because the course focuses on subjects like planning, accounting, investments, analysis of the market, taxation, costing, etc, which are applied in day-to-day business.

Graduating from one of the best management colleges in India gets you placed in very good companies. You can get your dream job with a handsome pay package. But which are those jobs? Let’s take a look at 5 of them.

1. Chief Financial Officer (CFO)

In the current fast-paced work environment, a CFO acts as the company’s financial authority. They play an important part in shaping their company’s financial strategies. Business owners rely on their CFO to provide key business information and updates about the current market situation.

One of the most coveted jobs in the Finance industry, a CFO is responsible for managing the company’s finances, financial planning, management of financial risks, record-keeping, and financial reporting. In some organizations, a CFO is also responsible for data analysis.

2. Investment Banking

An investment banker is responsible for raising capital for the government or for their organization. They are also responsible for the merger and acquisition of various firms. Although the investment bankers might have to work long hours, the flipside to this is the high compensation and a great job profile.

3. Financial Analyst

The work of a financial analyst bears a huge effect on the company’s financial performance. They are tasked with the following responsibilities.

• Analyze the financial documents and trends in current market. This will include merchandising, budgeting, and forecasting.? Meeting with the management team to discuss investment strategies.? Creating detailed financial models for analysis and comparison.? Comparing forecasted financial reports with actual reports to locate inconsistencies.

4. Account Manager

Account managers are responsible to handle the sales of the clients and maintain excellent relationships with them. Once the company acquires a client, the company directs them to one of their account managers. The account manager then acts as a link between the client and company for the whole process, like understanding the client’s requirements and getting the final deliverables approved. On the other hand, account manager generates sales for their company. This long term relationship proves beneficial to both parties.

5. Consultancy

Given your expertise in finance, you can act as an advisor for various organizations. Organizations will consult you about the best financial practices that will benefit them greatly. You may also be consulted regarding making investments in the market. Consultants usually have their own unique approach towards solving problems in an efficient manner. They are very well paid for that.

Pursuing an MBA in Finance from some of the best management colleges in Pune or elsewhere will help you land one of these jobs. All the best!

Business Simulations: The Learning Tool to Prepare Students for the Future

The instructional methods being utilized in schools and institutes of higher studies are failing to meet the developmental needs of students. This is leading to a rise in student disengagement and a decrease in educational relevancy. Education experts and researchers have found the solution to this: experiential learning.

Experiential learning is designed for the modern student who learns best when taught with innovative tools like business simulations.

Kirloskar Institute of Advanced Management Studies (Kiams) was set up in 1991 by the Kirloskar Group in Harihar to put its illustrious leader Mr. Shantanurao Laxmanrao Kirloskar’s thoughts to practice.