Banking, Finance & Insurance

CFP is a lucrative career option for those contemplating a career in financial planning. The international CFP certification is granted by the Financial Planning Standards Board of India (FPSB India) and recognised over 22 countries. It focuses on a variety of topics along the personal finance angle such as the time value of money, risk and insurance planning, retirement planning, estate planning, taxation planning, etc. They can work as consultants in banks, asset management companies or even set up their individual practice.
With growing number of investors in India, and common man taking more interest in financial planning, there is a high potential of growth for CFP professionals. Individuals need experts who can give them advice in wealth management, financial planning, asset management, etc. This is where CFPs can fill in the gap.

Dear Sachin,
Banking and Financial Services are the most progressive sectors in India right now, with NBFC and Fintech companies leading the growth. For a candidate with right knowledge and competencies, sky is the limit in terms of salaries. For a person like you with prior experience in this industry, the opportunities are manifold.
A post graduate diploma in banking & finance,
1. Will enable you to understand the broad functioning of banking industry and also different types of functions performed by financial service companies.
2. Will create a platform for you to shift from back office to a customer facing role.
3. Allow you to practice skills and develop competencies to work as a finance professional.
4. Get almost 50 to 100% hike over your present salary.
The salary that you can expect after doing a banking and finance program can depend on following factors.
1. Present profile, Salary and Years of experience
2. Duration and practical skills learnt in the course that you choose
3. The job profiles that you apply for after upgrading your qualifications
As an estimate, if you are working in documentation or accounting function of an NBFC with a salary around Rs 20k after doing a full time PG in Banking, you can get a salary of 5 to 8 lac per annum.
I hope this information will help you make a better career decision. Do not hesitate to contact me for more clarifications.
Best of luck.
Prof Amit Goyal