IGNOU Delhi
- Fees: ₹ 10,800
Degrees offered: B.A., B.A.(Hons), B.B.A, B.Com, B.Com(Hons), B.M.S, B.Sc.(Hons)
The Financial Services course is a multidisciplinary programme which includes financial theory, engineering methods, mathematics tools and programming practice. The curriculum is career-oriented in nature which creates several prospects in different disciplines, such as banking. Financial service is a profession that covers a wide range of occupations, including a financial analyst, a personal finance consultant and financial manager.
There are several undergraduate and postgraduate degree programmes which prepare students for financial services professions. Some of the popular topics are accounting, business, finance, economics, statistics, financial law and mathematics. Though there are many employment opportunities for graduates to explore, most common career paths may include being a financial analyst, a financial advisor, or a financial consultant.
The finance sector covers companies concerned with money management. The programme aims at equipping candidates with the abilities needed to work in an extremely competitive culture. Aspiring candidates are offered the chance to study about a wide variety of fields including asset management, financial planning, risk assessment, stock market management, investment and portfolio management, financial analysis, taxation, pension, money market funds, applied economics, social advantages, insurance, sales and selling strategies and related private and business law. After completing the programme students have multiple employment opportunities in different fields.
Course Highlights
Degree Name | Finance |
Duration | Bachelors- 3years MBA in Financial Management- 2 years M.Sc. in Finance- 2 years |
Eligibility | Bachelors- 10+2 MBA- Graduate or Equivalent M.Sc.- Graduate or Equivalent |
Degree level | Bachelors- Undergraduate MBA- Post Graduation M.Sc.- Post Graduation |
Course type | Finance course |
Admission process | Entrance Examination and marks of 10+2 |
Financial services course fees | Two to five lakhs |
Financial services course entrance exams | CAT, MAT, XAT |
Jobs after Financial services course | Finance officer, Cash manager, Financial controller, Financial consultants |
Expected starting salary | Rs. 15,000 to Rs. 20,000 per month approx. |
The course, financial services is suitable for some of those students who are likely to opt for higher-level teaching jobs as a profession. Candidates with good writing, speaking, and communication skills will be capable of expressing their knowledge. Here we have described the eligibility criteria of three different courses. These criteria should be followed by the students to get admission in these courses. Students need to have a minimum aggregate of fifty per cent marks in their previous examinations before taking up this course.
Bachelor of Finance
Aspiring applicants from a recognized board of education have to complete 10+ 2 or the equivalent test with at least fifty per cent marks.
M.B.A. Financial Management Eligibility
Aspiring students need to qualify the Common Admission Test (CAT) or take admission to any of the IIM (Indian Management Institutes) schools including a bachelor's degree from a recognised university. Aspiring students need to pass any of this following entrance examinations, Common Admission Test (CAT), Xavier Aptitude Test (XAT), Graduate Management Admission Test (GMAT), Joint Management Entrance Test (JMET) or Management Aptitude Test (MAT) to take admission in any management institution in India. Apart from these entrance exams, several business schools are conducting independent entrance tests.
M.Sc. in Finance Eligibility
Aspiring candidates with at least fifty per cent marks in B.Sc./B.Sc.(Hons.) can apply for this M.Sc. in Finance programme. Students get admission directly after having completed their bachelor's degree or may need to sit for some independent entrance examinations conducted by different colleges.
India has a globally competitive financial services industry which is experiencing rapid development, in respect to solid growth of existing financial firms and growing market entry organizations. The industry encompasses commercial banks, finance companies, commercial non-banks, cooperatives, retirement funds, mutual funds as well as other minor financial services.
This concept could be further subdivided between two sections – financial services and financial management. Financial management is on how to use institutional resources most appropriately, in a business environment, a non-profit corporation or a government body. Financial managers establish and execute techniques within a company to increase profit margins.
India's financial services industry is primarily a banking industry with commercial banks contributing to even more than sixty-four per cent of the asset value managed by the financial sector. A finance profession is thrilling and satisfying, and extremely profitable. It encourages ambitious young adults who also have a passion for economics, finance and the ability to effectively and analytically understand and analyse complicated financial principles and information. Finance is mostly about money management. The Indian government has also implemented reforms to modernise, monitor and improve the financial services of the country. India is regarded as one of the most competitive financial markets in the world. Though there are some difficulties, the future appears to be in good hands for the industry.
Minimum Fees | Maximum Fees | |||
---|---|---|---|---|
Private | Government | Private | Government | |
UG | ||||
PG | ||||
DOCTORAL | ||||
DIPLOMA |
The key subjects for the course in Finance can vary from depending on the institute. However, there are several popular subjects in the Finance course programme that are covered by all colleges and universities.
Bachelor in Finance
Bachelor in Finance offers a conceptual and operational understanding of an organization or company's capital resources for preparing, coordinating, monitoring, managing and regulating them effectively. Syllabus of Bachelor in Finance as prescribed by various universities and colleges.
Introduction to management accounting | Corporate finance |
Financial instruments and markets | Financial planning and wealth management |
Introduction to financial accounting | International financial management |
Security analysis and portfolio management | Introductory microeconomics |
Introductory macroeconomics | Introduction to financial accounting |
Introductory finance | Principles of taxation law |
Risk management and insurance | Business ethics, globalization and sustainability |
Developing the financial plan | Introduction to marketing |
Introduction to marketing | Business statistics |
Superannuation and retirement | Introductory macroeconomics |
MBA in Financial Management
Students acquire specialized information on techniques for financial planning, theoretical approaches and methods of implementation. These courses provide financial services-specific lessons. The aim is for candidates to be capable of adapting the expertise to different industry conditions focused on consumer or company financial interests. MBA in financial management syllabus as provided by various universities.
Economic Analysis for Business | Strategic Investment and Financing Decisions |
Accounting for Management | International Trade Finance |
Statistics for Management | Entrepreneurial Finance |
Management Concepts | Financial Derivatives Management |
Organizational Behaviour | Insurance & Risk Management |
Legal Aspects of Business | Security Analysis and Portfolio Management |
Financial Management | Applied Operations Research |
Quality Management | Strategic Management |
Production & Operations Management | Indian Banking Financial System |
Information Management | Project Work in the relevant specialization |
Human Resource Management | International Business Management |
Marketing Management | Enterprise Resource Planning |
M.Sc. in Finance
The aim of an M.Sc. in Finance programme is to adequately prepare for employment in a field dealing with financial services, including financial planning or financial analysis. The students develop advanced expertise in theoretical approaches, methods of application and financial planning strategies. These programmes can be done in an online and offline mode both. Some of the subjects are mentioned below.
Analyzing business' value | Acquisitions and mergers |
Capital markets and financial institutions | Derivative markets |
Portfolio management and security analysis | Marketing management |
Students can also opt for several other degrees such as Bachelor of Commerce in Financial Accounting, Bachelor of Commerce in Financial Markets, Bachelor of Commerce in Money and Financial System, Master of Philosophy in Financial Studies.
This Financial Services course is ideal for all those who wish for comprehensive and appropriate education and advancement in financial services to managerial and senior management careers. Applicants must have a firm grip in financial research, strategic thinking and interpersonal and conversational abilities. The students should have numerical likings, strong quantitative and analytical abilities, understanding of cutting-edge information technology, professionalism, problem-solving, decision-making and management skills.
Financial administrators of every company, in India and overseas, are one of the most highly paid professionals. MNCs are universally popular destinations for graduates of financial management qualifications. A large number of MNCs heading to India and different Indian businesses moving nationally and globally for strategic partnerships.
That could be a lucrative and excellent career opportunity for someone with strong communication skills. Companies and government agencies have a financial manager in charge of carrying out investment operations, producing financial reports, and applying credit-management strategies.
Popular Online Finance Courses and Certifications
Finance practitioners acquire analytical skills for interpreting financial accounts or data sources to determine the qualitative and quantitative factors of businesses as well as other organizations for financial stability. Below are some job profiles in the field of financial services.
Finance Officer: Finance officers are managers in a company who manage financial matters and decisions. They can supervise accounting departments, analyze reports and develop budgets.
Treasurer: A treasurer is an individual in charge of managing a company's treasury. A corporate treasurer has core responsibilities like cash and liquidity planning, risk control, and corporate finance.
Credit and Cash Manager: A cash manager is specialized in supervising cash management tasks like reporting payment and repayment processes, or managing bank accounts. Cash managers are required in a wide range of industries such as health care organisations, or finance companies. Primary duties may include supervising junior staff and delivering job training; maintaining consistency with local, state, laws; and supporting an institutional treasury framework. Cash managers can analyze the efficiency of companies and prescribe strategies to optimize activities.
Finance Controller: The financial controller is the chief accountant for an organization. We supervise accounting practices and guarantee the ledgers properly represent money that comes into and out of the organization. The finance controller is a senior accounting team member. For this purpose, applicants are typically required to demonstrate considerable skills in accounting and tax matters, including the ability to direct others and take control of the company's records.
Financial consultant: Financial consultants function properly with firms or individual people to prepare for the financial prospects by providing data and advice on issues which include tax, income and investments decisions. These consultants are often called financial advisors, to offer customized financial advice, work directly with business partners. Advisers can, however, direct their customers to buy and sell stocks and mutual funds. Few advisors operate for consultancies concentrating on the financial requirements of individual companies or sectors.
Credit analyst: The credit analyst's duties require reviewing credit data and financial details of individuals or businesses requesting for credit or loans to assess the threat that the bank, or other lending or credit-granting entity, will not recover loaned funds. The risk level is also used to decide whether a loan or credit line is issued, or even if, the parameters of the loan, along with the rate of interest. Credit analysts must write reports that are focused on the observations to make lending and creditworthiness decisions.
Top recruiting areas are:
Credit Card Companies
Insurance Companies
Private Equity Sector
Banks
Educational Institutions
Stock Brokerages
Investment Funds Area
‘Self-employment
Top recruiting companies:
Goldman Sachs
Morgan Stanley
Boston Consulting Group
Lehman Brothers
JPMorgan Chase & Co
Barclays
Deutsche Bank
McKinsey & Company
State Bank of India
HDFC
Financial officers are responsible for the supervision of a company ’s financial statement. These professionals play an important role in budget development, tracking transactions and preparing financial reports. A finance officer's average salary is around 20,000 a month in India. The finance manager is responsible for an organisation's financial wellbeing. They receive approximately nine to ten lakhs per annum. They develop financial reports, new investment plans, and implement strategies and action plans for the institution's long-term financial objectives.
Level | Average monthly salary |
Entry-level | Rs. 15,000 to Rs. 20,000 |
Mid - Level | Rs. 60,000 and Rs. 80,000 |
Top - Level | Rs. 1 lakh and above |
Hello aspirant
If you wish to become an expert counselor in psycology then you must go for phD in psycology. For that you will have to complete master's degree in psycology then go for phD program.
After completing phD you will become a doctor and can add a prefix " Dr " before your name .
Eligibility criteria for master's course in psycology is that you must have obtain bachelor degree ( in any subject but you must have stydied psycolgy subject in your bachelor course ) with minimum 55% marks .
Psychologists are great servers , they have important duty of understanding people , mind reading skills , face reading skills.
So according to me this way will be best for building career in psycology .
Good luck.
Hello aspirant,
Bachelors of Business Administration (BBA) stands as a widely sought-after undergraduate program, providing students with crucial skills for success in the business realm. It is a common choice post-class 12. The selection of an apt BBA specialization is vital, allowing candidates to align their education with personal interests and career aspirations. Popular BBA specializations encompass finance, marketing, international business, human resource management, and various others, enabling students to tailor their academic journey accordingly.
For more information you can visit our website by clicking on the link given below.
https://bschool.careers360.com/articles/bba-specialisations
Thank you
Hope this information helps you.
Hello Aspirant,
The US CMA course is focused on management accounting, covering topics such as Performance management, cost management, and risk management. In comparison, the US CPA consists of topics such as financial accounting and reporting, business analysis, and tax compliance. Completing these qualifications can lead to job opportunities in auditing, accounting, and corporate finance.
Regarding an MBA in finance, in the first year of college, you will study general subjects like HR, Operations, Marketing, and Finance. In the second year, you will study subjects according to your specialization and have the opportunity to work in fields such as Market research, Equity Research, Corporate finance, and Management consulting.
Ultimately, the choice of job role is yours, and you should select degrees or qualifications based on your desired career path
Hello,
firstly, lets denote:
F as the number of students who passed in finance,
M as the number of students who passed in marketing,
B as the number of students who passed in both subjects,
X as the total number of students in the class.
Given:
60% pass in finance---- F = 60X/100= 0.6X
Among those passed in finance, 33 1/3% passed in marketing: M = 0.333F = 0.333(0.6X)
150 failed in both subjects: B = 150
1/3rd of students who passed in marketing failed in finance: 0.333M = 1/3* (0.6X - B)
To find the number of students in the class:
B = 0.333F + 0.667M - B
B = 0.333(0.6X) + 0.667(0.333(0.6X)) - 150
B = 0.2X + 0.133X - 150
B = 0.333X - 150
150 = 0.333X - B
150 = 0.333X - 150
300 = 0.333X
X= 300/0.333
X= 90(approx)
So, there are approximately 900 students in the class.
Now, to find the percentage of students who failed in finance only, we need to find the number of students who failed in finance but passed in marketing.
Failed in finance only= 0.6X - B
Failed in finance only= 0.6(900) - 150
Failed in finance only = 540 - 150
Failed in finance only= 390
To find the percentage, divide by the total number of students and multiply by 100:
Percentage of students who failed in finance only= (390/900)*100%
Percentage of students who failed in finance only= 43.33%
So, approximately 43.33% of students failed in finance only.
Hope this helps,
Thank you
Hello,
It is technically possible to pursue both M.Com (Master of Commerce) and the US CMA (Certified Management Accountant) designation simultaneously, but it would likely be challenging to manage both commitments effectively. Both M.Com and the US CMA program require significant time and dedication to complete successfully.
Hope this helps you,
Thank you
https://www.careers360.com/courses/m-com-master-of-commerce
https://www.google.com/amp/s/finance.careers360.com/exams/cma-foundation/amp
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