Banking, Finance & Insurance

Hi,
As per your query pursuing MBA in banking and finance would be the best option for you.
After completing this course you may look out for exciting careers in banks, financial consultancies and financial institutions.
You may get involved in consumer and investment banking, institutional finance, merchant banking, corporate finance and international finance.
A good experience in this field can also lead you to serve on government committees and contribute significantly to policy-making issues.
You may also end up providing consultancy services to corporate and government organizations.
The remuneration of MBA in finance graduates is dependent upon the type of organizations that takes them in.
Those who work as financial analysts start off with a minimum package of Rs 4 lacs an year.
Credit analysts start at Rs 5-6 lacs per annum and earn as much as Rs 20-30 lacs per annum once they reach senior level positions.
Management consultants too start at Rs 5-8 lacs and within a few years earn as much as Rs 10-15 lacs per annum.
Please browse through the link mentioned below to get detailed information regarding best institutes in India offering the above mentioned course.
Link: https://www.shiksha.com/top-mba-finance-colleges-in-india-rankingpage-9-2-0-0-0
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All the Best.

Hello @chayan22551,
Greetings!
Let me answer your query in one line:- "YES, you are eligible to enrol for the CFP certification program!"
The basic eligibility for a person to enrol for the CFP certification program is the XII std! And since you've already graduated, you are more than eligible to enrol for the CFP certification program. Here's the link, that affirms your eligibility to enrol for the program:- http://www.fpsbindia.org/Scripts/PathwaytoCFPCertification.aspx
Being a CFP myself, I strongly feel that, CFP would be an idle career option for you because:-
1) You have mentioned, in your query that, you have a "Sales experience" of 7 months - Sales is a part and parcel of a Financial Planners job & a CFP certification will help you, not only, sell better, but also, win over the trust of your clients.
2) You intend to make a career in the "Banking & Finance" sector - 50 of the top most companies, in the field of Financial Services, have partnered with FPSB India to offer career opportunities to those pursuing the CFP certification program (Here's the link, that guides you about career opportunities available for a CFP:- http://www.fpsbindia.org/Scripts/CharterMembers.aspx)
Now, depending on your area of residence, you got to choose your education provider (coaching class) wisely. A strong support from a guide/mentor is required to help you achieve your dream of becoming a qualified Financial Planner. (Here's a link that can help you make an informed decision of which education provider to choose, depending on you area of residence:- http://www.fpsbindia.org/Scripts/EPList.aspx)
Personally, I'd recommend you to get in touch with the following Education Providers & choose which one suits you best:-
1) Financial Planning Academy (FPA) (www.FPA.edu.in)
2) Ambition Learning Solutions (www.ambitionlearning.com)
3) ICICIDirect Centre for Financial Learning (ICFL) (learning.icicidirect.com)
4) Indian Institute of Financial Planning (IIFP) (www.iifp.in)
I hope I was able to address your query.
All the Best,
Ninad Mondkar

Hi,
Banking is one of the top most career choices made by students in India. Banks are in-charge of individuals or organization's money. Banks reimburse interest on the deposited money, offer loans to people for personal or business use.
The all round demand for bank professionals has made public sector, foreign and multinational banks recruit more and more MBA graduates, CAs and CFAs to enhance their efficiency. Presently, banks are involved in consumer loans, mutual funds, consumer loans, securitization business, credit cards, housing loans and forex activities.
Finance is a process through which advice is provided to a company or a person for investing their money and getting high returns. They act as financial planner or stock brokers. Finance management is the backbone of any company whether it is a corporate, a big business houses, or a financial institution. Financial management provides a number of career options ranging from financial planning to sales.
A candidate who specializes in taxation, accounting and auditing is known as a chartered accountant. Chartered accounting is a dynamic, challenging and rewarding profession.
There are lots of career opportunities in this field. Graduate from this field are mainly employed in banks. Private sector and foreign banks prefer to hire MBAs, CAs and CFAs.
Many international banks hire skilled professionals for various profiles on competitive salaries. Public sector banks hire mostly graduates for clerical and probationary officer posts on the basis of All India Level examination.
Some job titles: -
Stockbroker
Analyst
Statistician
Relationship Manager
Credit Control Manager
Tellers & Branch Staff
Customer Care Executive
Corporate Banking Executive
Remuneration: -
Banking and Finance is a highly lucrative field. In public sector banks clerks can take home between Rs. 10000 – 12000 whereas officers can get around Rs. 12000 – 18000 every month. Skilled professionals such as CFAs, MBAs and CAs hired by public sector banks can earn handsome income.
Graduate trainees working in the field of investment banking sector can earn around Rs 30,000 to Rs 40,000 every month. Professionals working in a private and foreign banks can earn around Rs 50,000-60,000 per month.
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