CareerAge.com
India's complete Jobs & Career .companion
 
 
 
 
CareerAge - Career Counseling
Ask a Question    
 
 
Subject: CFA, NCFM. What to do now?
Date: 29-Aug-2008
Question: I AM DOING mba(finance)FROM LUCKNOW UNIVERSITY APART FROM THAT I HAD CLEARED CFA(1 & 2 MODULE) FROM ICFAI UNIVERSITY AND APART FROM THAT I HAD ALSO CLEARED THE 5 PAPERS(NCFM).I WANT TO KNOW WHICH COMAPNY I OPT FOR MY CARRER
Answer: With a good combination of your academic qualification of yours, you can enter into the following fields:

Corporate Finance & Control
Corporate Finance & Control is fast emerging as a specialized function in many companies and the routine accounting function is being delinked from the finance function. A career in corporate finance centers around mobilization and utilization of financial resources for short-term and long-term purposes from domestic and overseas markets through a proper mix of debt and equity, with the goal of optimizing returns. Treasury management has become an integral part of corporate finance.

International Finance & Risk Management
With the introduction of convertibility of rupee on current account, the importance of international finance has considerably increased. Further, the prospect of introducing convertibility on the capital account appears bright. Growing exports and imports require a thorough understanding of international finance. Several companies are looking for professionals who understand the nuances of international finance, international capital markets and risk Investment Management
With the freeing of interest rates and free pricing of issues, the capital markets and the money markets have witnessed the introduction of new instruments and intense interplay of demand and supply forces which have increased the volume of activity in these markets. Investors entrust their funds to mutual funds with trained and experienced portfolio managers. A portfolio manager's job is very challenging since it involves the balancing of risks and rewards through skillful shuffling of the portfolio and maximizing the return on investment. With the significant growth of the mutual fund industry, there is a growing demand for portfolio managers. Investment Banking and Financial Services Investment banking is a growing field, which offers advisory services to corporate clients on restructuring, capital structure decisions, IPOs and raising funds through Euro issues and private placements. Financial Services include financial consultancy services, advice and negotiation with regard to merges and acquisitions, formulation of nursing programmes and rehabilitation packages for revival of sick units. Additionally, several asset-based financing products like leasing and hire purchase also form part of Financial Services. Other allied services include stock brokering, National Stock Exchange (NSE) dealership, marketing of public issues, share registry, credit rating, providing venture capital assistance, loan syndication, etc.

Information Technology
With the growing application of Information Technology in business organizations, the career opportunities for finance professionals with IT skills are increasing at a very rapid pace. To keep abreast with the impact of IT revolution, more and more CFAs and finance professionals are getting trained in high-end ERP packages like SAP, Oracle applications, Baan etc.

You can scan for opportunity in Brokerage houses, Investment banking and in BPOs either in equity research, deal side or analytics side.

All the best
CareerAge Counselor