SHAPING CAREER IN THE FIELD OF FINANCE

Prepared By: Ghanshyam GondaliyaMBA Finance and NISM certified Mutual Fund Distributor

• Overview of finance• Why Finance? (Objectives)• When and How can start• Professional courses• Value added courses• Institutes offers professional courses• Competence required• Future Employers• Roles & Responsibilities

Overview

Finance talks about money and all such things connected with money.• Money management (Budget)• Financial services• Analysis• Stock market• Investment (Risk & Return)• Accounting & Economics principles • Profit & Loss

WHAT?

GOAL IN THE LIFE

Miami Florida Beach

Why Finance?The objectives for career in finance are…………….

• To manage your day to day financial needs.• To achieve your personal financial goal.• To achieve wealth maximization goal.• To have a better financial freedom in your life.• To have a better retirement life.

When & How I can start?

• After completion of bachelor degree from recognised university.

• Apply for entrance exam for the specific course. (if any required)

• Register yourself with institute and start learning.

Professional Courses

• CFA- Chartered Financial Analyst (https://www.cfainstitute.org)

• CFP- Certified Financial Planner (www.cfp.net)• M.B.A.- Master of Business Administration with

Finance Specialization• Post Graduate Diploma in Insurance Management

(PGDIM)

Value Added Courses

• NISM Module courses• NSE’s certification in financial market (NCFM)• Certificate in Investment Performance

Measurement (CIPM) (www.cfainstitute.org)• Risk management programme (such as Financial

Risk Manager certification programme)

Courses offered by Institutes

• National Institute of Bank Management (NIBM)

• Indian Institute of Bank Management• Insurance Regulatory and Development

Authority (IRDA)• Association of Mutual Funds of India

(AMFI)• Institute Of Insurance and Risk

Management (IIRM)

Skills• Skills required……….

Good communication skills (Both Written and verbal)Computer knowledge (Basic MS office Package)Marketing skillsAnalytical skills (Numerical ability)Relationship building skillsMarket and industry trends analysisMonitor financial details of companies and review company

reports.

KnowledgeKnowledge Requires………….

• Products & Processes knowledge.• BANK & Insurance: CRR,SLR,LAF,IMPS, types of loan,

NPA, Mortgage, Life & general insurance types and so on.•Mutual Fund: AMC, Sponsor, Trustee, NFO and so on.• Stock Market: Bullish trend, capitalization,

Intermediaries, floor and so on.

• Credit Rating: CR Agencies, Credit report, Analysis of Annual report of companies.

Simultaneously it is advisable to have clarity in concepts of Economics and accounting.

Future Employers

This includes various financial institutions such as……..• Investment banking companies• Banking, MF and insurance companies • Stock broking firm/Capital market advisory firm• Housing finance companies• Micro finance institutes• Credit rating agencies

Roles in Field of Finance• Equity research analyst• Financial analyst and credit rating analyst• Merger & Acquisition analyst• C.F.O., Finance manager, credit officer• Fund manager at reputed mutual fund companies• Financial planner• Personal financial advisor• Financial services sales executive

Abbreviations• NISM-National Institute of Securities Market• MF-Mutual Fund• CRR-Cash Reserve Ratio• SLR-Statutory Liquidity Ration• LAF-Liquidity Adjustment Facility• NPA-Non Performing Asset• SENSEX-Sensitivity Index (Nifty- index of 50 companies)• NSE-National Stock Exchange• AMC-Asset Management Company• NFO- New Fund Offer• RTGS-Real Time Gross Settlement