In every country the financial sector is always deemed to be the backbone for its economy. This is the reason why it has been termed as one of the most lucrative career option for young generation. India might have given rise to a booming Information Technology industry, but the fundamentals of its financial sector is still the strongest which is why it went unscathed during global financial crisis. In order to get this coveted job, students must have a knack of delivering decision making capabilities along with viable risk assessment. Usually they have multi level jobs and can work either with junior capacity or senior level within the firm.
This industry is highly competitive which is why it is always a must to have to pursue this career from a reputed institute. Over the years there have been many institutes as well as colleges that have come up offering short term courses in finance. These are highly beneficial for students as they not only help them in achieving a niche in this sector but also get them accustomed to all the nitty gritty of this sector. It is vital to understand that students need to be well prepared in advance to take up all the challenges of this sector. A viable study programs allows them to have an overview of all the aspects of financial sector like banking, investment, assets management, insurance, stock broking and financial analyst. You need to position yourself well ahead of the rest in order to achieve greater heights.
Various colleges have subdivided this course over three years into number of semesters. Each semester takes cognizance of each aspect of the financial sector. This is highly vital for every student to undertake each module as it allows them to make decision to enter a particular set of career path. A certified financial analyst can then choose his/her preference to whether go in banking, insurance, investment, or stock broking. They also have a choice to becoming a asset or wealth management advisor for an individual or a business.
The main role of a wealth manager is to look into various aspects of investments to generate more revenues. More they also have to assess all the risks involved with that investment beforehand so that it does not pose any threat to the future prospect of the organization or the individual. A person must keep in mind that having a career is not as easy as going through a course. If you want to make it big in this market it is vital that you have your fundamentals cleared regarding this sector.
For all the undergraduates who are considering a career in this industry, it is best to take the courses in business, accounting, math and economics. Most of the analysts that get hired by big firms usually have these backgrounds, while MBA graduates are often hired as senior analysts’ right out of business school. This is why, both at junior or senior level it is always vital to have a thorough approach.