Career in Accounts and Finance
Major profiles in Accounts and finance Field are Dealer, Cash and Futures Market, Arbitrageurs, Cash and Future Market, Derivative Research Analyst, Financial Planning, Account Assistant Portfolio Analyst, Investment Analyst, Business Development Executive, Relationship Manager.
Career in Finance:
Eligibility: B.Com. with knowledge of Internet and Common Office Applications like Excel and Word.
Profile: Prepare Tax forms on Computer using Word or Excel. Submission of Tax forms at Divisional Income Tax, Service Tax Offices. Document maintenance.
Eligibility: B. Com. degree with knowledge of Accounting software like Tally and Busy.
Profile: Data feeding on Tally, handle accounts independently, calculating and managing ESIC/PF/VAT etc.
Assets worth billions of rupees are managed by fund managers and they provide in depth and incisive study of the markets in which they operate. This not only ensures higher returns but also helps in taking investment decisions based. on research and knowledge. Mutual Funds and other asset management companies are driving the markets. They are also providing opportunities to MBA’s and other finance professionals. The jobs in such firms are highly rewarding at the same time highly challenging.
Eligibility: Undergraduate/Graduate/Postgraduate with 0-2 years experience.
Profile: Client acquisition and client handling, portfolio management, financial planning and providing advisory services, general branch administration, pitching all investvestment products and schemes
Various aspects of primary and secondary markets are covered under It. It includes information related to IPQ’s, Grading IPQ’s, buy and sell decisions in various market formations and allowing people to profitably maintain its portfolios. Stock market operation have become Important aspect of our economic life and it has also emerged an Important tool of our financial markets. Capital markets are challenging not only for investor but for the Career minded professionals. The require quick decision taking ability ability to bear risk, analytical and computing abilities.
Eligibility: Graduate in any discipline Commerce/ BMS/Banking & Insurance with 0-2 years experience.
Profile: The role would be responsible for analyzing and maintaining quantitative research coverage on specific companies in the form of balance sheet, fund flow statements, cash flow statements.
Money Markets and Foreign Exchange:
Market for short-term debt securities, such as banker’s acceptances, commercial paper, repos, negotiable certificates of deposit, and Treasury Bills with a maturity of one year or less and often 30 days or less is called money market. Securities in Money market generally very safe investments which return a relatively low interest rate that is most appropriate for temporary cash storage or short-term time horizons. Bid and ask spreads are relatively small due to the large size and high liquidity of the market. The foreign exchange market (currency, forex, or FX) trades currencies It lets banks and other institutions easily buy and sell currencies.
Eligibility: B.Com/M.Com/MBA (Finance)
Profile: Candidate will work with a accounting package and responsible for analyzing and maintaining quantitative research coverage.
Debt and Fixed Income:
It is an investment that provides a return in the form of fixed periodic payments and eventual return of principal at maturity. Unlike a variable income security, where payments change based on some underlying measure such as short-term interest rates, the payments of a fixed-income security are known in advance. It is a big market for commercial banks and corporates. Government also raises its fund through debt and fix income instruments. Considering the size of the market and amount transacted it can provide a rewarding career for finance professionals.
Chief Financial Officer (CFO):
Eligibility: Candidate must be a CA or MBA in Finance. Candidate with good experience in Finance Field will be preferred.
Profile: CFO is responsible for all strategic & long range financial planning. He is responsible for supervise all internal and external financial Activities.
Risk Management Officer:
It is the process of analyzing exposure to risk and determining how to best handle such exposure. For corporate investment It is an Important aspect of their business management.
All projects are evaluated for the risk and other credit related enquires hence risk management could provide lot of growth opportunism
Considering the scope of these fields it is not feasible to include all these fields into this book so we have tried to include some of the fields which are fast emerging as better alternatives for the commerce graduates and it is up to the student to decide a suitable option for the career.