Career in Finance

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shaikh12911
Posts: 5
Joined: Thu Apr 24, 2014 4:07 pm

Re: Career in Finance

#1 Postby shaikh12911 » Thu Apr 24, 2014 4:30 pm

Yes MBA in Finance has a good scope in market.. This is a better carrier opportunity with handsome salary... You must go for it.
Mba in finance plus a cisi certificate boosts up once reputation and helps to secure the future wit gud lumps amount salary :o

shreya
Posts: 63
Joined: Mon Jul 15, 2013 5:32 pm

Career in Finance

#2 Postby shreya » Fri Sep 06, 2013 9:50 am

There is a lot of confusion regarding careers in finance. On the one hand, there is a function called finance that is common to all business enterprises, in every industry. On the other hand, there is a financial services industry. The primary focus of this guide site is on the latter definition. Additionally, note that the finance function is but one of many possible career paths within the financial services industry.
An MBA Finance graduate has wide range of career opportunities. There are different positions in an organization where the knowledge and skills of a finance officer is utilized. And the interesting thing is that most of these positions are essentially at the top level management. The main reason lies on the key tasks of a financial manager.
A financial manager, either a controller or treasurer, in any organization, performs decision making with regards to investments and other forms of financing activities. Initially, analysis is performed on different investment plans by identifying profitability, risks, and alternatives to these investments. Accordingly, risk management programs are devised as contingency plans for the chosen investments. Basically, this is under financial strategy formulation and maintenance, another key task of a financial manager.
Aside from being a financial manager, one can also consider being a financial analyst as an MBA Finance career. Financial analysts are hired in many types of businesses because they need people to point the business to the right direction with consideration to their financial strength in the long run. Specifically, they determine expansion capabilities and devices profit maximization and cost minimization strategies.

:arrow: The financial services industry includes firms that are engaged in activities such as investing, lending, insurance, securities trading and securities issuance. This is not an exhaustive list, but these companies can be characterized as being in one or more of the following lines of business i.e.,
Banking
Insurance
Securities Brokerage
Investment Banking
Securities Trading
Investment Management
Securities Analysis
Financial Planning
Wall Street

:arrow: Also a broader definition of financial services can include employers and career paths in:
Regulatory Agencies and Securities Exchanges
Public Accounting Firms
Financial Information Services
Financial Consulting

Accounting can also be considered to widen the capability range. The functions of an accountant are a little similar to finance, except that in accounting, more emphasis is given to auditing and generating financial reports. In contrast, you may always choose any entry-level position, especially when you are a fresh graduate. Any management position would do, as long as you identify and lead your path to an MBA Finance career.. :idea: :idea:


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