Banking, Finance & Insurance

There are plenty of options which you may explore like Certified Financial Analyst (CFA), Cost Accountancy (from ICWA), Company Secretary ship (CS), Stock Broking. Company Secretary acts as the mediator between the company and its board of directors, government, shareholders and regulatory authorities. The responsibilities of a CS are to ensure that the board procedures are strictly followed and regularly revised; to guide the Chairman and the Directors on how to make the best use of their responsibilities under various laws. Opportunities for cost accountants are in the private corporate sector, public sector to advise the government in cost pricing and in framing the appropriate fiscal and tax policies. A CFA is trained in financial/investment management and management accounting. The Reserve Bank of India, the International Development Bank of India (IDBI), the Industrial Finance Corporation of India (IFCI) and the Indian Railways recognize the CFA program and employ CFAs. Stock Brokers work in stock exchanges which are like market places where stockbrokers buy and sell securities for individuals or institutions.CS, ICWA and CFA are certifications you can get by ICSI (www.icsi.edu), ICWAI (www.icwai.org) and ICFAI (www.icfai.org) respectively. You may also explore banking jobs. Openings are available at various levels, from Bank Clerical to Probationary Officers. Opportunities include in nationalized banks and private banks.

To become a tax consultant, aspirants have to study the post graduation course in Taxation. Otherwise, they should have done the Certified Public Accountant course offered by the CPA Council. On completion of the course, they have to undergo practical experience in the concerned areas so as to become a worthy tax consultant. These professionals can search out for career in industries, companies, business establishments and so on. Most of the tax consultants carry out private practice, as it is more profitable. In their day-to-day affairs, these experts help their clients or companies to be aware of the state-run, local as well as global tax structures. Tax consultants also assist them in their elementary tax planning.
Who is eligible to apply?
Graduates in taxation or related disciplines can pursue the post graduation programme in the concerned areas. Likewise, the eligibility criterion to apply for the CPA course is a pass in the Bachelors Degree in any disciplines. Students should have studied the course from a recognized University or institute.
Key Points in the process
Complete the 12 years of Schooling.
Earn a graduation in Commerce, Finance, Taxation or related fields.
Study the post graduation course in the respective fields.
Otherwise, pursue the CPA program.
Gain on-the-job training in Taxation law and practice.
Search out for employments in public or private sector establishments.
Or else, carry out private practice.
Skills required for a tax consultant
Tax consultants should have special skills, ability to think differently, good conversation and leadership skills in addition to their technical expertise. They should also have ample exposure about the taxation sector and the current market scenario.