BANKING AND FINANCE: TOP 5 MOST TRENDING JOBS IN THE INDUSTRY!
Firstly, The world as we must be aware is in a constant state of change. Therefore, This holds true, especially for the financial domain. Finance, one of the most important departments of any corporation has changed considerably in the last decade certainly.
Since the last 3 decades, the banking sector of India has been touching skies. Banks in India, today, are not just limited to deposit & withdraw money, they have grown beyond it. Over the years, this sphere has undergone a major transformation that includes the management of banks and their operations. Several new practices have been introduced for simplification of the schemes offered by banks Likewise.
A few years back for instance, a career in finance usually implied three labels: Accounting Finance, Taxation Finance or Banking and Finance. Since then the corporate landscape in India has become rich and diverse, there has been a lot of global integration with the presence of more MNCs.
That is to say, It’s a bold move to make a career that has some advantage in our changing future. Here are Eight areas with the qualifications needed for the same in Banking and Finance that would certainly help you out to get the best jobs.
|AREA TO EXPLORE||QUALIFICATION TO EXPLORE|
|1. Investment Banking||Chartered Financial Analyst (CFA)|
|2. Corporate Finance||Certified Financial Planner (CFP)|
|3. Equity Research||International Financial Reporting Standards (IFRS)|
|4. Project Finance||Chartered Institute of Management Accounting (CIMA)|
|5. Commercial Banking||Financial Risk Management (FRM)|
|6. Credit Analyst||Certified Public Accountants (CPA)|
|7. Wealth Management||Chartered Accountants (CA)|
|8. Risk Management||Association of Chartered Certified Accountants (ACCA)|
Additionally explore the size of the Banking & Financial Sector and the diverse career opportunities that assure growth and stability.
Find the, most importantly Top 5 Jobs in Banking and Finance summarize below,
1. Financial Accountant
Financial accountants manage a company’s financial accounts to guarantee that they are properly managed and distributed for instance. It basically includes analyzing all the different aspects of a business, evaluate important financial perspectives and metrics, and then review and report the results to the higher-ups, like shareholders and executives. As many major consequently decisions are based on the work of a financial accountant, employees at large corporations can earn a significant salary.
2. Financial Analyst
Financial analysts manage people and businesses in making investments moreover. Whether it is through the stock market, bonds, or other investments, financial analysts are money experts. Meanwhile They analyze the information they get from the stock market, company annual reports and conjure up plans for investing or not investing. Financial analysts engage with companies leaders and individuals, further write reports and work with a broad range of people and financial institutions.
3. Business Analyst
Likewise, a Business Analyst is someone who analyses an industry (real or hypothetical) and intends its methods and operations, evaluating the business model and its combination with technology. The role can also be defined as a link between the business problems and the technology solutions on the other hand.
4. Loan officers
Loan officers Likewise help individuals and organizations in practicing for loans, evaluate the individuals’ creditworthiness and help them decide the most suitable type of loan for his/her requirements. Therefore employers usually demand loan officers have a bachelor’s degree in finance, economics or a similar field. Loan officers will find expertise in banking, lending or sales and knowledge of computers to be huge assets in their job search in the same vein certainly.
Meanwhile a Teller deals directly with most customers. In some places similarly, this employee is known as a cashier. Teller’s are recognized as a “front line” in the banking business because they are the first people that a customer sees at the bank and are also the most likely to identify and stop fraudulent transactions in addition.
In conclusion finally, If you are looking to grow into the financial sector, you can explore career opportunities at financial institutions. Take an account of the above emerging careers above all, to create out a position in an exciting field in short.