Why not to pursue PGDM in finance to get a proper career growth
After graduation many students aspire to join a job, many think to prepare for government jobs, while many think of doing business. Whatever might be your choice, sooner or later you will come to realize the importance of doing the PGDM course. This will increase your work efficiency if you are in
a government job or help to increase your salary being in a private job.
Now when you already know the importance of pursuing a PGDM course, then let’s move one more step further and analyse, the actual reasons for the demand for the PGDM course in market and why do multinational national companies and many government units are desirously looking for the students with PGDM degrees.
As any business unit runs for its financial gain, by its financial in-flow and maintains lots of its financial expenditures, so no prizes to guess, finance is important domain of any business unit. Now how and why this finance management could be your fruitful career path to make, as employers want a well educated and skilled person to hire, who will handle it well. Make career in finance management by pursuing PGDM in finance management and give a proper direction to your career.
- Brief details regarding Finance management
Finance is the lifeblood of any business unit, be it a smaller firm or a top multinational company it will deal with finance, and to manage finance, the company has a finance management department. This department helps in managing, planning, controlling the financial resources of any business units, It also deals in day to day accounts, bookkeeping, merger and acquisition. Currently, there has been an increasing dimension of a PGDM in finance, and it offers many more platforms to work with a wider scope of career enhancement.
This course requires a little expertise in mathematics, statistics, and a great number of calculations, and will make students adept of profit & loss, taxes, investments.
- Who should do this financial management?
Although this branch is open to all graduate, but this would work like a panacea if you are commerce graduate, a charter accountant, or have good grip over mathematics calculation.
- What are the opportunities after doing PG in finance?
There are umpteen numbers of vacancies for finance management students, as business units of any shape and size surely have a financial division, and they hire managers to deal it, whether in India or abroad, so the scope is vast.
PGDM in finance could give you following designations Financial Managers or Financial Analysts, Accounting Managers, Corporate Controllers, Chief Financial Officers, Treasurers and Finance Officers, Cash Managers, Risk and Insurance Managers, Management Consultants, Investment Bankers, Investment Banking Associates, Investment Sales Associates and Traders and Credit Managers and Specialists. They all help in many financial aspect of any organisation like
a) Raising of funds in capital market
b) Merger and acquisitions
c) Investment strategies
d) Balance sheet maintenance.
- Benefits of pursuing PGDM in finance
a)Although financial management would be a hard nut to crack, it will reward your hard work on every aspects, money, name, fame, career growth, global exposure
b) Getting a job in top financial firms like JP Morgan, Goldman Sachs, and even you can reach up to top director level post.
c) If you are CFA, CMA, CS cleared then this will give you even more strength to your capabilities.
d) This will fulfill all of your dreams, goals, and aspirations in life.
e) Students get highest starting salary package of 20 lakhs per annum, and average salary package of 7-8 lakhs per annum.
- Where to pursue PGDM in Finance?
Currently, many institutes run the PGDM course, but you must select only that institute which is AICTE approved like the Asia-Pacific Institute of Management (AIM), New Delhi. Being an AICTE approved institute, AIM prepares a business-oriented curriculum as per the demand of business units, so the students of this institute are in high demand. The course structure is well crafted and it covers every financial management topic, even with practical classes to increase the in-depth knowledge of students.
Many big banner companies regularly visit the campus for the recruitment process, recently only ITC visited for its pre-placement talk on 24th July 2019.