Tuesday, 26 July 2011

Financial Management Courses in India


With the evolution of the corporate sector the way we conduct business has changed. Financial management as a crucial aspect of conducting business has greatly been affected by these changes. On the one hand the changes have brought about fruitful results in the form of new methods of financial management. On the other hand India lacks the trained professionals to effectively handle the financial management task.
This opens up the door for specialization in the field of financial management. The corporate accounting system is no longer simple rather it now has integrated control systems that are based upon Enterprise Resource Planning. The corporate sector is left in need of highly trained professionals with the knowledge and expertise in modern techniques of financial management.
Financial management courses :
Luckily there are many institutes in India that offer financial management courses on different levels. The aim of these courses is to identify talent and groom it in a way that the country is supplied with the adequate workforce for financial management.
You can apply for a financial management course after having completed your graduation in either economics or commerce. There are various courses being offered in relation to financial management. Chartered Financial Analysis is one of the most beneficial courses in the field. You can also do your M.B.A in finance and marketing which are the two key elements of any business.
Chartered accountancy and cost and management accountancy are also good options for people interested in developing a career in field of financial management. Alternatively you can complete a course in management of business finance or a fellowship program in finance. Other options include taking management development programs, basic business finance courses and foundation in financial planning programs.
Some of India’s most well renowned institutes for courses in financial management are: 
International College Of Financial Planning
Association Of Financial
Financial Planners & Advisory Academy Pvt Ltd
Wigan & Leigh College
Institute of Financial and Investment Planning
Institute of Chartered Financial Analysis of India
Institute of Financial and Investment Planning
Careers in financial management :
It is expected that jobs in the finance department are going to be the highest paid jobs for quite some time in the future. Hence there is no questioning about the career opportunities in this field. India continues to experience unyielding economic success with the Indian corporate sectors rising to unprecedented levels. This makes the financial management a very rewarding career option.
In theory the job of a finance expert is simple; it is to help the company make more money. In practice however the finance expert needs to build up future financial plans and have the ability to effectively handle the liquidity and many other intricate aspects of finance.
If you are good enough in your job you can end up as the Chief Financial Officer of your company. Careers as a financial planner are also flourishing. Job opportunities for finance experts are just as bright on foreign lands as they are in India hence we find the financial management line to be an excellent career choice in today’s times.

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