In the present world, when corporate finance has moved from domestic funding, the nature of financial control has changed from simple accounting to integrated control systems, where the control system is based on enterprise resource planning. For management of such financial transactions, a new category of financial whiz kids have been introduced, who are popularly known as equity analysts and fund managers.

The scope for growth in the sector of financial management is enormous since this section is directly connected to the growth of the economy of the nation. Indian economy is expected to grow by about 8% in the following decade and not only Indian financial management sector, but also foreign financial management sector also offers a wide range of opportunities.

Different areas in Finance Management:

Finance Management include international lease financing, arrangement of swaps, multi-currency trading, international financing, etc… Jobs in the field of corporate finance include planning for a company’s financial future management and liquidity of the company by making a few acquisitions, helping the company to find more money for running business and to grow. It also involves working for smaller players or even for large multinational companies with high growth potential. Candidates with requisite skills and are efficient in problem-solving can grown faster in the field of financial management.

How to begin a career in Finance Management:

To begin with a career in finance management, candidates should possess a UG degree in economics or commerce, however, if a candidate wishes to progress at a faster pace he/she will have to go for higher level finance degrees. The most advisable course to find higher job positions in financial management is a PG degree in Chartered Financial Analysis combined with an MBA degree with specialization in marketing and finance. Candidates with interest towards financial management sector can also purse a course from professional institutions like the Indian Institute of Finance and Institute of Chartered Financial Analysts of India, who offer courses like company secretaryship and cost and management accountancy.

Recent government job notifications in the field of finance management:

The names of government organizations that recently recruited candidates for the finance manager positions for finance management sector are given below:

• Chief Finance Manager – Bank of Baroda

• Senior Finance Manager – Bank of Baroda

• Deputy Finance Manager – IRCON

• Assistant Finance Manager – IRCON

This financial management is a field that can offer job opportunities to professionals with higher qualifications and professional degrees and professionals in this field are paid well irrespective of whether it is a public sector or private sector organization.