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Subject: Doing FMM (financial market management) in XII. Which colleges and stream for graduation?
Date: 7-Oct-2008
Question: Hello Sir,

I m student of 12th standard and I'm doing fmm[financial market management]. I want to ask in which field should i go and about the colleges having this stream for graduation.

Answer: More and more MNCs coming to India and more and more Indian companies going for joint ventures abroad, this all has resulted in a lucrative career option for those qualified in managing the funds and financial resources of any organization. All firms, government agencies, and organizations have a financial manager to take charge of the preparation of financial reports, conduct investment activities, and implement cash-management tactics.

Most of the universities offer education in financial management at post graduate level, but still universities like Jamia and University of Delhi offer programmes at undergraduate level too. Generally for undergraduate courses, the eligibility is 10+2 with 50% marks and for post graduate courses, the aspirant must be at least a graduate preferably in commerce. Students are selected through entrance examination. Besides most institutes conducts their own tests followed by group discussion.

Presently in India, a most sought-after course for training this field, called The Chartered Financial Planner (CFP) course is offered by two education bodies. The Association of Financial Planners (AFP) in technical collaboration with the Financial Planning Association of Australia Ltd. (FPA). This 2-year comprehensive distance-learning programme covers all topics of financial field like, employee benefits, wealth creation, budgeting, cash flow management, insurance planning and risk management, retirement planning, tax and estate planning debt management and financial plan construction.

You can also opt for an MBA/CFA/CA/Insurance specialization, as these also cover all important key subjects.

Hope this helps
CareerAge Counselor