The world is changing and changing at a very rapid pace. Business technologies, methodologies, and skills are ever-evolving. Post Graduate Diploma in Management (PGDM) in Finance specialization at Indira Institute of Management, Pune (IIMP) is the program focusing on multi-faceted development of the candidate for financial sector adaptation. In this blog, we will look at the opportunities in Finance when the environment around you is continuously changing. This has the inherent challenges to learn the skills and upgrade oneself continuously. The development of mindset to cope up with the changing environment which is uncertain but still tap the new opportunities is the key to success. In today’s changing environment following are the new age opportunities for the students: A career in Finance is not only about money, but It also begins there and stays around.
- Financial Planning:
Getting a maximum return on your investment is one of the key areas where most of the individuals are struggling. Financial Planner assists people with creating plans that will guarantee their present and future budgetary soundness. The specialized jobs like Financial Adviser have changing requirements with non-traditional and global investment perspectives. The PGDM course prepares the students on the newer aspects of investments through practical knowledge imparted by industry experts using the industry-academia interface.
- Corporate Finance:
Corporate finance opportunities include working for an organization in the limit of finding and dealing with the capital important to run the venture. This is done while expanding corporate worth and reducing financial risk. In an organization’s corporate account division, you may devise the organization’s financial strategy, do the role of financial analyst, cost analyst, controller, treasurer, mergers and acquisition-related activities, etc. PGDM finance specialization students are being taught the different aspects of corporate finance through the blend of theory and practical. The subject like financial management, financial statement analysis, mergers, and acquisitions covers different aspects of corporate finance.
- Commercial Banking:
Commercial bank’s positions incorporate bank employees, loans and advance profiles, marketing tasks, and branch managers. Commercial banking role is going to change drastically because of change in the environment and PGDM course includes such new changes along with the foundation.
- Investment Banking:
Investment bankers help their clients raise money in capital markets by issuing debt or selling equity in the companies. Other job duties include assisting clients with mergers and acquisitions (M&As) and advising them on unique investment opportunities such as derivatives.
- Financial Technology, Risk Management, and Analytics:
The technology disruptions are key to future financial technology with new business models. Blockchain, cybersecurity, cloud infrastructure, digital as mainstream, artificial intelligence will change how the financial services industry will work in the future. Financial risk management is also gaining multifold importance in various fields like corporate finance, investments, and credit offerings. The certifications and special inputs sessions which are an integral part of the PGDM in finance course, gear up the future managers to consider different aspects of risk into their business decision making. The analytics skills in finance are getting importance in various fields of finance. The combination of core finance and knowledge of business analytics is required to be present to take the appropriate decisions. The PGDM course enables the channel to help students understand this.
- Others: The other opportunities in finance include the area of hedge funds, private equity & venture capital, insurance, Auditing & Accounting. PGDM course includes subjects like security analysis and portfolio management, accounting for managers, taxation, insurance and risk management, international finance which ensures that the students have knowledge about the different aspects of finance. PGDM course at Indira Institute of Management, Pune (IIMP) has an inbuilt component of Professional certifications. One such certification for PGDM finance at IIMP is “Financial Modelling” using software tools. This gives a clear edge to Indira PGDM students and prepares them for much sought after analyst career across sectors especially in these times when all business is in data and digital dependent.
Settling on the Right Choice:
The journey of a mile begins with the first small step towards the same.
To know how to be a part of the INDIRA family and join our PGDM course please participate in our ICAP 2020 process. PGDM Admission process and eligibility criteria with other relevant information is shared at our ICAP2020 website (www.icap.indiraedu.com) and also at our institute website (www.indiraiimp.edu.in).
Different financial jobs require different skills and present vastly different work environments, so it’s wise to select one that aligns with your long-term interests and abilities. We at IIMP PGDM will help you align your career goal with a great foundation in the domain and interpersonal skills. Best Wishes.