A career should be financially rewarding and it also should provide job satisfaction. Sometimes a fat salary alone would not be a yardstick for business managers as they like to work in challenging environments and use their skills and make an impact in the field. Managers bring about changes in the field by their policies and they help with getting things organized. The business sector is witnessing a sea change with technology being used more to run and maintain businesses.
Running a business efficiently and earning profits require specialized skill sets. Most medium and big corporates appoint qualified individuals to man different departments. This is the need of the day as only with delegation the business could be run effectively. Qualified professionals with relevant skills sets are appointed and pgdm in financial management is one such course which specializes in finance and these professionals could be appointed in finance departments.
Eligibility!
Students who have passed out of any stream with a minimum of 50% marks can apply for this course. The other requirements being that the students should clear the popular entrance examinations with high percentile and also the interview. Most institutes rely on the rankings in CAT, MAT, XAT, GMAT, etc. They should clear either one of the entrance examinations. It is a two years full time course.
The course is designed meeting the demands of the industry. The industry relies on big data for further improving the business and this data plays a very important role in bringing in profits. It is expected that the banking sector of the country is set to become the fifth largest employment provider in the whole world and this sector is in need of skilled professionals. The financial sector also needs skilled professionals.
The Course Design!
The course is carefully designed to make the students industry ready by the time they finish their course. Several modules are integrated into the course so that students get in depth understanding of financial aspects and they also have hands on experience. The programme is updated regularly so that it meets the demands of the ever-changing industry. Pgdm through financial management helps students develop their analytical skills and these students should be good at mathematics too.
Case studies help students understand the challenges of the industry and panel discussion aids in improving their communication skills. As the course deals with all sectors associated with the financial sector students get to perform well in various financial sectors. They could also get employment in non-financial companies as a finance manager. Academic brilliance alone will not fetch good jobs for the professionals as skills and problem-solving skills are very essential.
Syllabus!
Some of the subjects taught are managerial economics, management accounting, security analysis and portfolio management, risk management, micro finance, micro economics, capital market, accounting system and financial analysis, etc. Live project at the end of the course help students understand the subjects better.
Job Profile!
These professionals can work as financial controllers, financial analysts, accountants, portfolio managers, investment bankers, financial agents, etc. The students face no dearth of opportunities and competent professionals will always be placed in lucrative jobs. The starting salary ranges from 7 lakhs to 10 lakhs per annum.
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