Why Finance?

Jobs & Careers
809
Dear @rajarora1988, chetd,

As your both are interested in Master of Finance course, may I ask which concentration are you most linked to, would you be interested for development finance, which I believe could be an option for Mr. rajarora1988 due to his previous query, Corporate Finance, Risk Management, Capital Markets or Accounting? Finance field if quite broad and has a lot to offer, it would be great to know your interest and future prospects to be able to advise you better. We do offer Master of Finance programme, which is one of the best globally ranked, however to be able to comment on this, would need to have your short profiles before.

If you could provide it I could advise accordingly. At the moment this field is becoming one of the most promising in terms of career and developing Asia as well as Europe is in need of good well trained professionals to take responsible roles, therefore, if you are keen to make the career in finance, you should not doubt and start taking the steps at the earliest.

Kind regards,

Inga
810
@frankfurtadm said:
Dearmaverickgenius,I am Inga, from Frankfurt School of Finance and Management. It is nice hearing about your interest in Finance. Mathematical knowledge is needed in finance, but it is not the main focus as the accounting is the more important. However, the program curriculum may differ in universities, therefore it would be hard to say how much of maths would you have to study. We do focus more on the business management field and use finance as one of most important integral part in it. Therefore, the Master of Finance which we offer, would ask you to study statistics for business and finance, principals of economics, management, financial products, corporate finance, risk management et cetera. If you would like to, you can drop me an email or provide yours and I would gladly send you a short presentation on the program along with the curriculum so you could understand better what the program offers and what would you have to study the most.Wishing you all the best!Inga[email protected]
I have interest in finance but as i am from engineering background, i dont have valid and fresh points to justify the interview panel on d same...........though i love finance,but m nt getting d points and how to capitalize on them during an interview.....please get me out of this darkness if u can ........
811
Dear BMWexpert,

Have you already applied and awaiting for the interview? First of all, allow me to note that Finance is a very wide field, where universities will usually give you a choice of few concentrations, such as Capital Markets, Risk Management, Development Finance, Accounting and Taxation, Corporate Finance and such. Since you are from engineering background you are already familiar with numbers and must have gotten some experience in it. However, that would not be enough of course. Let me put it in this way:

Do you see yourself as studying principles of management, economics, business and finance..?
Are you interested in risk management, interest rate risk?
Would you link more to financial engineering, market estimation?
Or would you love to expert in financial development?
Maybe accounting?

If you are linked to financial engineering and see your career in trade, risk, asset management, then you should go for Capital Markets: Capital Markets is challenging,
because you create financial products and trade them; it requires global thinking and
involves a great deal of travel; is demanding, because it takes foresight and sharp analytical
skills to succeed in the long term.

If you are linked towards practice in corporates' financing decisions and methodical knowledge on strategic decision making in changing environments and see yourself as one of the leaders in biggest international corporation, then go for Corporate Finance: you will learn valuation techniques, product design, hedging methods and financial intermediation and will get deep understanding of financial decision making, corporates' interactions with financial markets and
the regulatory environment.

Then if you are more into counting and want to get firm and confident grasp of the accounting
tools and access difficult “hot topics” in areas such as accounting for financial instruments or
the assessment of credit decisions, make intelligent financial assessments of complex global companies and make career in audit industry, consulting, security analysis, credit analysis, advisory, then go for Accounting and Taxation.

Yet, if you find yourself interested in firm theoretical grounding in finance, economics and
Capital market development, management of remittances, infrastructure finance, micro-finance and energy and commodity finance development and want to make career in an international organization (e.g. World Bank);financial institutions et cetera, go for Development Finance. It is exciting area in growing market, where you can expand your horizons.

Yet you can go for Risk management.

Now, why do I give you these examples? If you narrow your interest into one particular field, it will be easier for you to stress your point during the interview and give very good examples (which are very important and you must try to provide it and evaluate on it). Once you know your own particular interest you will be able to draw the image of your future, your role and how will it be useful in one or the other situation to the company, country, people, yourself and so on. Then you will be able to think of why do you want to study finance for sure and will perform with confidence during the interview, which is also very important.

Finance is a vast, promising field, where one needs to be ready to take challenges, deal with different situations, expand their horizons, show up as the leader in various situations and be willing to make the change. Maybe, you are the next one to do so?

We do offer Master of Finance course, which could be one of your choices and if you would like to take a look at the course sheet and requirements, do let me know. You can drop me a message here or your email address to which I could send you more information on the course and answer your queries accordingly.

Hope, it would help you to answer your question and clear the doubts on Why Finance for study.

Inga

812

Hello Everybody..!! I m currently pursuing my MBA, Finance frm Sinhgad Institute affilated to Pune University. I hav completed my graduation in Engg (E&TC;). What type of job should I look for in Finance sector. I m gud at number crunching and intrested in mathematics.


Is it difficult for an engg student wth MBA Finance to get a job in Finance sector.??
813

@C_Kant >> Risk MAnagement is the area which you will love to go for . Go for FRM or PRM.

Another area which u may like >> CREDIT RATING / RATING ANALYST / DERIVATIVE ANALYST etc .. etc ..

if u like number crunching in particular >> EQUITY RESEARCH / TECHNICAL ANALYSIS ..etc

814

any job after CFA L1 in India

815

Thankx @anmol29... Can U plz elaborate on Equity research and Technical analysis..??

Which r the companies and Where r the job opportunities for equity research and tech analysis..?? Will my engg mindset help me in these fields..??
816
@harry4u9 thanks a lot sir! nowhere could I find such insights into finance stream..simply put..truly commendable post! 😃 thanks again!..keep the good stuff coming..:D
817

@C_Kant Equity Research - An area wherein , an in-depth analysis of stock , particular sector is done. Based on the research done , finally a BUY / SELL recommendation is made .

various firms - CLSA , NOMURA , GOLDMANN SACHS , JP MORGAN , CREDIT SUISSE , etc . Basically all investment banking firms are also the equity research firms. U get the role of an analyst ... in the future u may proceed as - analyst >> ASSOCIATE ANALYST >> SENIOR ANALYST >> PARTULAR SECTOR ANALYST >> RESEARCH HEAD . Besides these firms equity research is also performed by various other financial services firms such as mutual fund houses . A mutual fund is assigned a particular FUND MANAGER by the respective ASSET MANAGEMENT COMPANY (AMC) . Hence , in order to make the fund best performing , the fund manager has to do equity research . So , mutual funds & brokerages are some other specific areas of equity research.

now , talking about technical analysis , IT IS THE STUDY OF PAST HISTORICAL STOCK PRICES AND THE PRACTICE OF MAKING BUYS / SELL RECOMMENDATIONS ON THE BASIS OF TTECNICAL CHARTS , VARIOUS TECHNICAL INDIACTORS , TOOLS , SOFTWARES & SOME PRE-DEFINED PRICE MOVEMENT PATTERNS . In simple words , TEHNICAL ANALYSIS IS SOMETHING WHICH ESSENTIALLY IS A PART OF EQUITY RESEARCH . So , in a way if you are not interesyed in a job , say which involves the fundamental based research of a company , u can go for positions which solely involve making the recommendation calls based on technical analysis

hope its clear to u ..

feel free for further query

ANMOL

818

Hello Everyone

How good is the PGDM in Advanced Financial Planning and Wealth Management course from IIFP, Delhi?

Is it AICTE approved???

Please help.
819
Any link where I can get in depth knowledge about corporate finance..
820
Dear C_Kant,

What was your field of focus while studying? Risk Management, Corporate Finance, Development Finance or any other? According to your concentration would be easier to advice anything on that as the field itself is very vast and it usually easier if you had chosen particular concentration during your studies, which meets your interest the most. Also, the search of job depends on your ability to perform during the interview and present yourself in a way so that company is confident of investing into you. It does not depend much on your first university degree as long as you performed well and have good skills to offer to the company with your current degree. Does university provide any assistance in this? We for example, have our own Career Centre to help students with their careers, maybe your university has something similar?

Regards,
821

Forget CFA etc unless you are in a job that needs it.

Get the CQF (Certificate in Quantitative Finance) if you can't do an MBA/CA.

And Why Finance? It pays well and makes me a chick magnet.

822

Hi

Can anyone give me a link to a case study done by an equity research analyst so that I can know more about various job responsibilities associated with it? I couldn't find one on the internet.
thanks in advance
823
@quantmaster @mayankleo_1

10th: 85.46%
12th:88.83%
BE: 87.86%
Have decent Extra curricula.
I am an Computer Science Engineer and just completing 4 months in IT industry.

Why Finance?
I started off being interested in Engineering.I enjoyed learning and also performed very well at it. But after getting exposed to the work done by my CA friend and my bother working in investment banking, I realized that I was much more interested in pursuing finance because I want to make an impact and work in the fast-paced and analytic environment.
Since then, I have done some research on my own and also invested some part of the amount I got from scholarships. I invested some amount in FD, some in Mutual funds and bought share of Reliance Industries through my dad창€™s demat account. But the company made losses and so did I. Then learning from my mistakes, under the guidance of my brother I invested in profit making shares. The investments, analysis, equity started interesting me. I have realized that starting out in finance would be the best fit for me. In the long-term I want to be an investor or trusted advisor to companies, and I see banking as the ideal path to getting there.
824

hello everyone

I have a medical background (MBBS) and want to take up finance as a career post MBA

How much of an issue will my past be in getting a summer placement in BFSI sector ?
Will CFA level 1 be of any help before the summer placements ?

Are there any colleges which I should not be joining ? Among the colleges that I have a possibility of making into this year are : new IIMs, MDI SCMHRD and NMIMS
825
@manukk Looks good.. but you should be able to answer the questions related to investing that the panel may ask..
826
@mayankleo_1 What kind of questions can i expect. ?
I can tell which shares i bought, why i bought those. PE ratio, PEG ratio.
I can even ans which is my fav stock and why.
If asked of the Facebook IPO issue. I can say describe it to some extend.
If asked of mutual funds. I can speak on them too. But not too much. I don't have much knowledge related to debt mutual funds or hybrid MF. equity MF i can at least speak something.
What elz can i prepare. ??
827
@manukk knowing the actual ratios is a different thing while knowing the significance of those is another.. the panel may not go very deep into it, but if you know the actual application of things you know, they would definitely be impressed..
828

Hii. I am a CA working since past 6 months.. I am looking forward to do MBA to get into management & hone my managerial and other skills. But i can't decide whether i should go for regular 2 year PGDBM course or Executive PGD or MIM (abroad). Really need some advice .