Why Finance?

hey seniors...need ur suggestions and advice....

what is d diff btwn MBA Finance and MBA Financial Management and what terms r comes under it.. ?? ....also throw some light on scope of Financial management....in different organisation....like private , PSUs...etc...

I m interested in Finance, but didnt manage to get admission in a good cllg, I dont want to wirte CAT again, What if I take admission in a mediocre college and manage to clear CFA level 1, will it help me in getting a good job off campus (without any exp in finance).

Nishi123 Says
I m interested in Finance, but didnt manage to get admission in a good cllg, I dont want to wirte CAT again, What if I take admission in a mediocre college and manage to clear CFA level 1, will it help me in getting a good job off campus (without any exp in finance).

Well see not getting a good college will have an impact on the placements so to solve that problem u'll have to work a bit harder like supplementing ur MBA & CFA (L1 wont suffice u'll need to manage clearing L2 as well) with something else like strong internship or u may go for various short term courses to make your profile look interesting off campus.

@harry
can you name some well recognized short term courses?

@harry
can you name some well recognized short term courses?

U have ur evergreen NCFM & AMFI courses plus there are short term courses run my BSE & NSE as well info on their websites also had posted the link for courses run by FLIP

Apart from that for long term courses u might wanna have a look at this thread
http://www.pagalguy.com/discussions/career-in-investment-research-and-trading-25055251
harry4u9 Says
Well see not getting a good college will have an impact on the placements so to solve that problem u'll have to work a bit harder like supplementing ur MBA & CFA (L1 wont suffice u'll need to manage clearing L2 as well) with something else like strong internship or u may go for various short term courses to make your profile look interesting off campus.

Thanks harry..
I have 3 years of exp in IT. Was only able to mange a seat in Welingkar bangalore, wat would u suggest; to give another shot to CAT or shd I take the course at welingkar.
Thanks harry..
I have 3 years of exp in IT. Was only able to mange a seat in Welingkar bangalore, wat would u suggest; to give another shot to CAT or shd I take the course at welingkar.

Well tough question to ask....to do or not to do???

See the question is whether u can do whatever i had spelled out in my earlier post if yes then u need not go for CAT (dont know how good is wellingkar bangalore....u might need to figure that out for yourself or ask some MBA experts here)

If u r interested in Banking then u might want to look at the foll programme run by ICICI Bank it requires 3 yrs work ex minimum plu sits an MBA plus it offers Job guarantee
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harry4u9 Says
Well see not getting a good college will have an impact on the placements so to solve that problem u'll have to work a bit harder like supplementing ur MBA & CFA (L1 wont suffice u'll need to manage clearing L2 as well) with something else like strong internship or u may go for various short term courses to make your profile look interesting off campus.

harry4u9 Says
U have ur evergreen NCFM & AMFI courses plus there are short term courses run my BSE & NSE as well info on their websites also had posted the link for courses run by FLIP



I want to ask something (sry if am wrong 😃 )

As far as i know CFA L3 should be more than sufficient for very good profile.And i read somewhere on CFA thread Many Big American firms hire CFAs and Top Level US MBA grads (Not even our top colleges )

So If someone doing CFA small courses like NCFM wont matter (Correct me if im wrong)



PS:This all info is heard or read somewhere in threads I am newbie for this field 😃
I want to ask something (sry if am wrong 😃 )

As far as i know CFA L3 should be more than sufficient for very good profile.And i read somewhere on CFA thread Many Big American firms hire CFAs and Top Level US MBA grads (Not even our top colleges )

So If someone doing CFA small courses like NCFM wont matter (Correct me if im wrong)



PS:This all info is heard or read somewhere in threads I am newbie for this field :)

True CFA L3 is more than enough to get u a gud profile & NCFM is just a formality but in Indian Context CFA L3 Fresher does not command the same profiles as elsewhere in the world thats why u need other things to supplement it.

NCFM although does not hold that much significance but from knowledge poit of view it is good

Hello seniors,

A generally held point of view amongst my peers is that finance jobs necessarily require upwards of 18 hours of working every day and that work-life balance is seriously distorted for the initial 6-8 years. They transpose it against marketing jobs as being pretty dull with working hours being too long.

Would you say that is true ? I am in the first year of my MBA, in a top 10 institute, and dont know how to choose between fin and marketing, as we move into the summer internships period.

Thanks
Abhinav

Hello seniors,

A generally held point of view amongst my peers is that finance jobs necessarily require upwards of 18 hours of working every day and that work-life balance is seriously distorted for the initial 6-8 years. They transpose it against marketing jobs as being pretty dull with working hours being too long.

Would you say that is true ? I am in the first year of my MBA, in a top 10 institute, and dont know how to choose between fin and marketing, as we move into the summer internships period.

Thanks
Abhinav


I don't agree with the generic statement "finance jobs necessarily require upwards of 18 hours of working every day ". I am working with an I-Bank and you would be surprised to know that my working hours are 8 to 5.

Its on very few occassion that I have to stay late in the office.

The working hours is a variable factor that totally depends upon
- Your role
- Your Project
- Kind of work
and may be many more

so you cannot generalise that every Finance job demands 18hrs of work

Cheers
Dav

@seniors -
I am in the first year at NMIMS and have recently cleared CFA L-2. I'll appear for the L3 exam in June,2012.
I am a commerce graduate and have a huge interest in Fixed Income markets and am looking to make a career in the same.
We had all the major credit rating companies viz. CRISIL, CARE & ICRA last year at campus placements.
Now, I have baddd acads in college and wanted to know if a CFA L3 will help me have a fair shot at these companies. Also, I wanted to get an idea as to how much these companies pay at B-Schools for the credit-analyst profiles.
Thanks

@seniors -
I am in the first year at NMIMS and have recently cleared CFA L-2. I'll appear for the L3 exam in June,2012.
:
Now, I have baddd acads in college and wanted to know if a CFA L3 will help me have a fair shot at these companies.


Apaar,

Congrats on clearing CFA-L2.

How bad were your 'baddd' academic grades?

Acads are important when you are looking for your first break for one primary reason. There's no real-world experience much for employers to evaluate your track record or potential. All that they have are your grades and your extra-curriculars.

Getting the CFA L-3 under your belt would be a good signal to demonstrate that you have the tenacity to go through a tough and competitive certification. So to an extent it could mitigate the baddd grades.

NMIMS is a strong brand and attracts good employers. If there's a way for you to convince your interviewer (s/he might be your future boss) about how passionate you are about Fixed Income markets and how your acads do not reflect how successful you'd be in a corporate role, then you'd have a good shot at the roles you are targeting.

Ensure that your academic performance for the rest of your stay at NMIMS is better. Good luck for CFA Level 3.

- Sameer
Author | Beyond The MBA Hype
Apaar,

Congrats on clearing CFA-L2.

How bad were your 'baddd' academic grades?

Acads are important when you are looking for your first break for one primary reason. There's no real-world experience much for employers to evaluate your track record or potential. All that they have are your grades and your extra-curriculars.

Getting the CFA L-3 under your belt would be a good signal to demonstrate that you have the tenacity to go through a tough and competitive certification. So to an extent it could mitigate the baddd grades.

NMIMS is a strong brand and attracts good employers. If there's a way for you to convince your interviewer (s/he might be your future boss) about how passionate you are about Fixed Income markets and how your acads do not reflect how successful you'd be in a corporate role, then you'd have a good shot at the roles you are targeting.

Ensure that your academic performance for the rest of your stay at NMIMS is better. Good luck for CFA Level 3.

- Sameer
Author | Beyond The MBA Hype


Thanks a lot for the advice sir.
Btw, by baddd acads, I meant a 59.5 % in B.Com(Hons.) from DU.
I have just started off with the MBA from this June and am therefore yet to give the 1st trimester exams.
My doubt was regarding the importance of grad-acads in MBA placements.

Thanks again
I don't agree with the generic statement "finance jobs necessarily require upwards of 18 hours of working every day ". I am working with an I-Bank and you would be surprised to know that my working hours are 8 to 5.


Hi dav, from the thread "Investment Banking in Abroad & India" on PG, I gather that if one is working in a BB IB then it won't be a fixed hours job. Are you mentioning the hours for a BB IB?

I'd like to know, from you, about the scenario of IB in India and especially working hours. How is it in BB? I mean the hours & the pay post & pre MBA?

Thanks in Advance! 😃

Sorry guyz, I had internet problem so it just got posted 3 times. Kindly keep only 1 post. Also let me know how can I delete my post. Thanks!

bournejason Says
Also let me know how can I delete my post. Thanks!


Buddy

One cannot delete his/her posts. He/She can only edit the post. If you don't want the content of the post to be there, you can delete all the content while editing.

Also, you can use " Report Bad option" on right hand side top of the post asking to delete the post stating the reason why you want the same.

Hope this helps ! 😃 For more details, please go through http://www.pagalguy.com/discussions/pagalguy-visual-guide-version-2009-25040615

Cheers !

I have question regarding recession

As another slowdown is coming how much it will affect placements for finance for those who dont belong to top colleges (I am from PUMBA)

How one can tackel this issue like adding value to profile or looking for some specific domain in finance or PSU jobs

I have question regarding recession

As another slowdown is coming how much it will affect placements for finance for those who dont belong to top colleges (I am from PUMBA)

How one can tackel this issue like adding value to profile or looking for some specific domain in finance or PSU jobs



Indian Financial and Banking System is quite strong and will not be hugely affected by the "Perfect Storm" , but yes its better to be prepared for it

Export Business will get affected , companies such as IT , Consulting , BPO , KPO will see cut backs but with such a huge domestic market. Indian Companies will perform fine , and from what i can see its time to wait and watch rather than speculate,as no one and i mean no one knows , what will happen :)


Certifications have been talked about on this thread a lot , so just glance through the previous posts

Regarding PSU and or PSBs they conduct their own examinations such as RBI , so try google and get more information on it 😃