Career Overview

About Career

Role & Responsibilities in the Finance Sector

Here are the key roles and responsibilities:

• Financial Analyst: Analyses financial data to guide business decisions and investments.
• Investment Banker: Facilitates mergers, acquisitions, and capital raising for corporations.
• Risk Manager: Identifies, evaluates, and mitigates financial risks to protect company assets.
• Accountant: Manages financial records, audits, and ensures regulatory compliance.
• Financial Planner: Advises individuals and businesses on budgeting, saving, and investing strategies.
• Portfolio Manager: Oversees investment portfolios to maximise returns for clients or firms.
• Wealth Manager: Provides personalised financial services to grow and protect clients' wealth.
• Auditor: Examines financial statements to ensure accuracy and prevent fraud.
• Treasury Manager: Manages a company’s cash flow, investments, and financial risk.
• Tax Advisor: Provides guidance on tax planning and ensures legal tax compliance.

What are the Skills Required for Finance?

Below is a list of essential skills for Finance

• Investment Management: Evaluating investment opportunities and risks.
• Communication Skills: Presenting financial information clearly to stakeholders.
• Risk Management: Identifying and mitigating financial risks.
• Financial Analysis: Ability to interpret financial statements and data.
• Budgeting: Developing and managing budgets effectively.
• Financial Planning: Creating long-term financial strategies for growth.

What are the Career Opportunities in Finance?

Salary Potential in the Finance Sector

Finance careers offer competitive salaries depending on experience:

• Entry-Level: According to a Glassdoor report, the entry-level salary in the finance sector ranges between INR 3,00,000 to INR 5,00,000 per year.
• Mid-Level: According to the Glassdoor report, the mid-level salary in the finance sector ranges from INR 6,00,000 to INR 10,00,000.
• Senior-Level: The experienced senior-level salary is INR 12,00,000 per year, according to a Glassdoor report.

Navigation Towards Becoming a Finance Manager?

• Focus on core finance subjects such as accounting, economics, business law, and corporate finance.
• Consider certifications like CFA (Chartered Financial Analyst), CPA (Certified Public Accountant), or FRM (Financial Risk Manager) to enhance your finance credentials.
• Start with internships or entry-level roles, such as financial analyst, accountant, or assistant finance manager, to build hands-on experience in finance.
• Enhance your skills in financial modelling, data analysis, budgeting, forecasting, and financial reporting.
• Consider pursuing an MBA with a specialisation in Finance or a Master’s degree in Finance to further develop leadership and financial expertise.
• Attend finance-related webinars, conferences, or networking events to connect with industry professionals.
• Look for job opportunities in corporate finance, banking, insurance, or investment firms as a finance manager or senior financial analyst.