Finance has a bright future…
Posted by Anwar Ali on June 20th, 2019
Say Finance and the first thought that strikes in mind is ‘Money’. Finance deals in the monetary aspects of any business entity. Till a few years back, a general perception in the education industry was to focus on Marketing and HR fields as every organization is expected to deal in these two areas. The specializations in the study courses were also used to target these two. For Finance related jobs, a degree in commerce or accounts was considered to be enough to make one eligible. So, the choices in short term courses in finance were also very limited.
However, with the inclination of the global economy and the growth of people’s interest in investments and other financial speculations, the need for more and more professionals in finance increased. A number of finance-oriented companies and firms emerged. The young generation now started looking for experts for wealth consultation and taxation matters. This led to a demand for specialists in the various fields of finance and inspired the education industry to design dedicated courses to meet the growing requirement of experts in the industry.
On a wider prospect, the big business houses also started facing stiff competition in the global markets and optimizing the products and services alone did not suffice to sustain. This created a need to constantly evaluate and analyze the financial resources of the company and coordinate the investments and the resource allocations of the organization to match with the changing trends.
The planning, implementation, and evaluation of the strategy on the basis of current and expected industry trends and making reserves to meet the expected and unexpected situations has become an important process in all size commercial organizations now. This process needs some specially trained professionals for collecting, analyzing, interpreting and presenting the conclusions on the basis of data and figures available in the market. This also contributed to the need for finance professionals and hence the focus on short term courses in finance.
Today a student has a wide array of options to choose from. Among the most popular choices are CA, CS, CFA, CFP, CWA, Investment Banking, Risk Analysis, Banking, Equity, Mutual funds, Insurance (Life and General), Taxation and wealth management. Although the eligibility for most of these courses is 10+2 years of schooling, students usually complete their graduation before taking up these courses. This not only adds to their basic qualification but also make them understand the concepts better.
The certification course in finance is usually aimed towards the specific standard certifications. These certifications evaluate a candidate’s knowledge and aptitude for a specific role in the industry and serve as an important qualification to enhance the chances of better career opportunities.
There are colleges like International College of Financial Planning (www.icofp.org) that are widely acknowledged for the quality of education and training they provide to their students and the overall exposure that makes its students shine among the most well-trained professionals in the industry. This reflects in the significant on-campus placement offers by renowned companies.
About the AuthorAnwar Ali
Joined: June 19th, 2019
Articles Posted: 20
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