'Job,      Education,      Career,      Health,      Family,      Relationship,      Marriage,      Technology,      Students,      Professions,      Management,      Leadership,      Psychology,      Law,      Finance,      Investment,      Sex,      Body Language,      Communication,      Food,      Children,      Entertainment      &      More'.

Saturday, 21 December 2013

Career Options in Financial Services Industries

'Finance' function is common to all business enterprises in every industry like Financial Service Industry. There are career opportunities in various areas like Corporate Finance, Investment Banking, Commercial Banking, Forex Management, Money Management, Financial Planning, Stock Broking, Commodity Trading, Insurance & Real Estate':-

  • Corporate Finance: The job profile of Corporate Finance includes raising funds, growing the business, making acquisitions, planning for company's financial future, managing cash-in-hand and ensuring future economic viability.

  • Investment Banking: Investment banks help companies and governments issue securities, help in investors' purchase securities, manage financial assets, trade securities and provide financial advice.

  • Commercial Banking: Commercial banks serve large corporations, small businesses, as well as the general public. It continues to provide more career opportunities in finance than any other sector in the financial services industry.

  • Forex Management: Companies in India have been increasingly attracting foreign capital either through listing on international stock exchanges or through private equity placements.

    The forex treasury departments in banks offers a full range of products in forex, interest rates and commodities. Several financial companies look for financial professionals who understand the expressions of international finances, capital markets and risk management.

  • Insurance: With private participation in Insurance Sector, the number of employment opportunities has gone up. Employment avenues are also open in the corporate sector, stock broking firms, finance companies, shipping firms etc.

  • Commodity Trading: Commodities trading is a global phenomenon and offers tremendous potential to market participants for both profit taking on small price corrections as well as to hedgers looking at managing price risk on account of price fluctuations.

  • Stock Broking: Brokers or stock market professionals are now either playing host to foreign investment bankers, who are looking for opportunities on the Indian stock market or visiting fund managers abroad, seeking investment here.

    Stock market houses are redefining themselves and the business of stock broking is highly visible today.

  • Financial Planning: Financial planning helps people make advance provision for financial needs that may arise in the future. Courses like CFP (Chartered Financial Planner), MBA, CFA with or without Insurance specialisation would also provide a broad understanding of the various investment instruments and options, and their implications.

  • Money Management: Money managers purchase and carry corporate bonds, agency securities, asset backed securities and other fixed income investment products. Even some specialise in small stocks, large cap funds, fledging markets, and other equities.