What Makes PGDM in Finance a Desired Career Choice?

In the Modern World where scenario making important financial decisions related to money powers is quite a tough job. How to decide where to invest when the financial market is continually evolving? The three essential categories of finance are personal, corporate finance, and public. All Organizations are known to the value of strategically managing their assets. So there always be a requirement for efficient analysts, financial planners, executives and managers around the globe across industries of every scale.

Asia’s ever-growing economy always offers a pool of opportunities for finance students. There is a growing demand for students who can estimate and calculate the financial risks due to the uncertainty surrounding the economies of the world, Job roles in financial analysis and risk management are becoming increasingly important. Another trend becoming visible in the job market is an increase in buy-side companies, including private equity funds, and hedge funds which are seen hiring students with a degree in finance. learners need to keep upgrading their skills according to the changing trends. A PGDM in Finance keeps you updated about the dynamic economic trends and the skills you need to gain to build a fruitful career. 

The program offers a well organized comprehensive curriculum on various aspects of financial management. It enables them with industry know-how, including the multiple challenges faced by businesses in the financial market. It encourages them to skillfully carry out their financial responsibilities as financial managers of an organization while understanding the process involved in analyzing cost center, expenses, and profits. The program will give them the understanding needed for preparing balance sheets while working on the goals of maximizing profits and minimizing costs.

Here are some reasons why you should pursue a PGDM in Finance:

 

• A PGDM in Finance course encompasses essential managerial and time management skills in students that enables them to balance multiple duties and success in spite of strict deadlines. The role of a financial professional requires individuals to have excellent challenge facing skills, whether it is for negotiating a deal or determining ideal financial solutions. The course prepares them for all types of scenarios they may encounter in this industry. They also develop critical thinking abilities that are useful while facing challenging situations in the financial market.
• Sharpens your skills and prepares you with industrial knowledge
• Open lucrative job prospects in the financial part
• Getting a PGDM in Finance opens a world of opportunities for students in the job market. Those opting for a role in personal finance look into financing goods including insurance (personal and property), real estate or vehicle investments, savings for retirement and tax planning. Apart from this, they also analyze and suggest ways to protect individuals or organizations from unknown financial risks.
• Professionals in corporate finance are required to look into the financial activities of a business organization. Financial managers have a responsibility to create a balance between risk and profitability while analyzing and forecasting economic trends. They also review a company’s financial reports and advice on ways to increase the company’s stock value, manage funds and select a profitable portfolio of investments.
• Public Finance professionals, as the name suggests, manage the financial dealings of the government entities, state agencies or federal entities.

What the future holds for students in finance?

• According to the National Association of Colleges and Employers’ (NACE) Winter 2019 Salary Survey projects starting paychecks in the finance/insurance fields for the class of 2019 to range from $50,500 to $69,500 annually.
• According to The Bureau of Labor Statistics, the finance sector jobs will increase by 11% by the year 2026, higher than the average occupation.

To begin a successful career, you need to complete your undergraduate degree in the financial stream, and economics or math-oriented majors are preferable. With a PGDM, you can take your career to the peak and aim for a managerial role with a higher and a more high salary package.