Top 10 Career Options after PGDM in Finance
PGDM in finance also offers the opportunity to build a strong network of industry connections. Most reputable institutes have tie-ups with top firms, and students can interact with industry professionals, attend guest lectures and workshops, and participate in networking events. This can help students gain insights into the industry and learn about potential career opportunities. Moreover, networking can also provide graduates with valuable references and recommendations, enhancing their job prospects.
After completing a management degree in finance, students can explore many career opportunities, such as:
Investment Banking:Investment banking is a special segment of banking operation that helps individuals or organisations raise capital and provide financial consultancy services to them.
1.They act as intermediaries between security issuers and investors and help new firms to go public. They either buy all the available shares at a price estimated by their experts and resell them to public or sell shares on behalf of the issuer and take commission on each share.
- Wealth Management: Wealth management is a consultative process. It involves consultations with affluent clients, discussions on their financial needs and goals. Wealth management is a branch of financial services dealing with the investment needs of affluent clients. These are specialised advisory services catering to the investment management needs of affluent clients.
- Finance Analytics: Financial analytics is a type of financial management that focuses on varying types and methods of investments and ways to improve profitability for an organization or an individual. To work in financial analytics, you’ll need robust technical skills that include financial modeling, valuation, analysis, forecasting, and more.
- Corporate Finance: It is the backbone of every business. Corporate finance professionals help companies manage their finances by creating budgets, analyzing financial statements, making investment decisions, providing financial advice to top management, and more. Corporate finance professionals also manage the company's cash flow and ensure that the company is financially stable. Corporate finance jobs are available in both the public and private sectors.
- Commercial Banking: Commercial banking is a type of banking that provides services for businesses, government agencies, and institutions like colleges and universities to help them grow and profit. Commercial banks make money mainly by loaning money to businesses and earning back interest and fees from these loans. These banks loan money to businesses to cover supplies, real estate, hiring, or any other cost the business might incur. Yet there’s much more to this field than lending — they perform various services to help fund businesses and provide financial support.
- Investment Management: Investment management professionals manage investment portfolios for individuals and organizations. They conduct industry research, analyse the latest market trends, analyse investment opportunities, make investment decisions based on their analysis, and provide financial advisory to the key stakeholders.
- Treasury Management: Treasury management professionals in a company manage the cash flow, investments, and liquidity. They are responsible for making financial decisions that help the company maintain adequate cash reserves and manage financial risks.
- Finance & Accounting: Financial accounting professionals are responsible for preparing financial statements, analysing financial transactions, and ensuring that companies comply with relevant financial regulations. Additionally, they are required to handle the responsibility of financial reporting to ensure that financial statements are accurate, timely, and in compliance with relevant accounting standards. They also provide financial advice to companies and individuals and help them manage their finances.
9.Finance Compliance: Finance compliance has become an important role in the Finance industry over the years. A finance compliance officer will ensure that the organizations comply with relevant financial laws and regulations. They develop and implement policies and procedures to ensure that the organization meets regulatory requirements.
- Global Taxation: Global Taxation is one of the most in-demand and upcoming profiles in the financial services industry. Global tax consultants gain the advanced expertise to understand and operate effectively in the field of International Financial Reporting Standards, Accounting and Functional Analysis, Tax Structuring for Global Businesses, Foreign Tax Credit Rules, and much more. The top firms around the world are looking to hire management graduates having the skills and knowledge in this profile.
Conclusion
While Pune Institute of Business Management (PIBM) is among the leading tier-1 MBA and PGDM finance colleges in Pune as well as India. As a leading MBA finance college in Pune, PIBM, accredited by NBA & NAAC, has a top-notch training infrastructure, a robust corporate interface, a dual-internship program, and offers incredible lucrative placement opportunities in 750 top companies to students. Before deciding on the institution, students should consider factors such as faculty, curriculum, industry connections, practical learning & training, and placement opportunities when choosing a B-school for their post-graduation course like an MBA or PGDM in finance.
The future of business finance is undoubtedly becoming more tech-driven, customer-focused, and adaptable. Peer-to-peer lending and blockchain technology are also gaining traction, providing new opportunities for SMEs to secure funding and manage finances on their terms.