Finance Management: Job prospects,Top Colleges and Recruiters

Financial Management refers to the planning, directing, organizing and the total control of the financial status and every activity through effective management. This effective way is carried out focusing on the aim to accomplish the respective organization goal. 

Financial Management comes to the role and the function of its topmost management, where the strategy includes the implementation of the ways to rise and allocate the capital,i.e./ the capital budgeting. This discipline also deals with the long-term resources for the organization, like the current liabilities.
And also the dividend policies of the shareholders. This course is intended for the students for the accounting, finance and the management of the respective organization. Students can pursue bachelor’s, masters or doctoral degrees on this course.


Specialization

  1. Financial Management
  2. Marketing Management
  3. Supply Chain Management
  4. Management and Human Resources Management
  5. Business Psychology

Courses & Eligibility 

Course
Duration
Eligibility
Entrance
MBA2 yearsThe candidates must hold his/her bachelor's degree with a minimum 50% score.
CAT, MAT, XAT

Top Recruiters

Some of the top recruiting firms are: 
  1. Right Step Consulting
  2. ABC Consultants
  3. Accord India
  4. Kelley Services India
  5. SutraHr 
Being the top recruiters in India, Right Step Consulting offers comprehensive recruitment and placement services in India for clients. As a leading recruitment agency,y we are capable of meeting the workforce needs of our clients of any industry promptly and efficiently. It is no surprise that the role of recruiters has modified, particularly with the recent economic changes. The role of the recruiter has been elevated to talent management.

Admission Process

  1. Eligible candidates need to appear for the written exam conducted by the institute.
  2. The applicant of the course is entitled to the waiver of written examination if they have appeared for CAT/GMAT/XAT/CMAT score or are professionally qualified CA/CS/CWA/CFA/Engineers/Statisticians and MBA (Finance).
  3. Group Discussion & Personal Interview (GDPI)
  4. Shortlisted candidates will be called for Group Discussion and Personal Interview based on marks obtained in qualifying examination.
  5. Final Selection
  6. Candidates are selected based on marks obtained in written exam/ CAT/ GMAT/ XAT/ CMAT and performance in group discussion and personal interview.

    For Government Sponsored Officers, interested candidate can apply directly to the college.

Syllabus and Course Structure

Listed here are the principal components that form part of the course’s curriculum.
  1. Business Writing
  2. Calculus for Business
  3. Corporate Finance
  4. Financial Institutions
  5. Introduction to Accounting
  6. Management Information Systems
  7. Advanced Marketing
  8. Money and Capital Markets
  9. Portfolio Analysis
  10. Principles of Macroeconomics
  11. Issues in Management and Organization
  12. Microeconomics
  13. Statistics for Business

Skills Required for Finance Management

The skills required for the field of Financial Management are:
  1. Interpersonal skills
  2. Ability to communicate
  3. Financial Reporting
  4. Analytical Ability
  5. Problem-solving skills
  6. Knowledge of IT Software
  7. Management Experience
  8. Commercial Acumen
  9. Capacity for Innovation

Top Entrances

The topmost entrance exams for the Financial Mangement are:
  1. CAT
  2. MAT
  3. XAT
  4. CMAT
  5. NMAT by GMAC
  6. ATMA


Career and Future Prospects

Job Profile

Job Description

Average Salary Per Annum

Account ManagerAn Account Manager is in charge of the administration of offers and associations with specific clients. A Record Chief keeps the organization's current associations with customers, so as to expand the clientele.
8 - 9 lakhs
Finance ManagerFinancial Managers are in charge of the monetary soundness of an association. They deliver monetary reports, coordinate venture exercises, and create systems and arrangements for the long-haul budgetary objectives of banks, insurance agencies, and such organizations.
10 - 12 lakhs
Business Analyst Business Analysts create specialized answers for business issues and propel an organization's business growth by characterizing, examining and reporting, and addressing business impediments.
10 lakhs
Credit ManagerThe credit manager position is accountable for the entire credit granting process, including the consistent application of a credit policy, periodic credit reviews of existing customers, and the assessment of the creditworthiness of potential customers, with the goal of optimizing the mix of company sales and bad debt losses.
5 - 6 lakhs

FAQ's

Ques: What is the main goal of financial management?
Ans: The goal of financial management is to maximize the respective profits, minimize their expenses and maximize their shares of the company. It means a company to make money and keep it.
Ques: Why is financial management so important in business?
Ans: Budgeting is the area of the financial management which involves the planning for the respective type and the typical expenses. Sound budgeting enables the business to approach financial decisions.


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