Career Opportunities : Finance Management

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Opportunities for finance professionals can be found in public, private, and non-profit organisations. Some of the areas where finance professionals have excellent scope are Commercial Banking: With burgeoning incomes and deregulation of the banking sector, there are
a large number of banks offering a wide range of services to consumers.A career in banking offers opportunities in accounts, securities,
commodities, financial management, financial and credit analysis, and sales of financial services. Treasury management is also an important
function in banking operations.Examples of commercial banks are SBI and Citibank.
Investment / Merchant Banking: Investment bankers help companies and governments issue stocks and securities. They help investors in
buying and selling these securities and managing their financial assets. They also provide financial advice to companies and high networth
individuals. Examples of investment / merchant bankers are ICICI Bank and DSP Merrill Lynch.Money Management: Money managers hold
stocks and bonds for institutional clients. They also sell these stocks and bonds, and reinvest the funds, to ensure that their clients earn a good rate of return on the money invested. These money managers also provide clients with advice on their financial investments. Mutual Funds such as HDFC Mutual Fund and Kotak Mahindra are examples of Money Managers.

Corporate Finance: Employees working for large corporates and non-banking financial companies raise money to run the business, deploy the funds to make the existing business grow, make strategic acquisitions, and plan for the financial future of the business.Management Consultancy: Several management consultancies recruit students as consultants, who in turn help clients restructure the financial aspects of their business. They also help their clients in mergers and acquisitions. Examples of consultancies are Ernst & Young, and PricewaterhouseCoopers.Insurance: With the insurance sector opening up, there is a growing demand for finance professionals, who understand the need to help individuals and businesses manage risk to protect themselves from accidents / losses. Examples of insurance companies are Max New York and ING Vysya.

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