In today’s day and age, money is the fuel on which the world runs. Look around you- technology is growing by the second, people are no longer alien to new ideas and cultures and everything is connected, money becomes very volatile. For businesses and the commercial sector, its importance is multiplied manifold.
PGDM in finance imparts concepts and ideas related to management, control, and optimization of investments and resources of money which are a part of the commercial chain. The course opens up an individual’s perspective on money as an investment and teaches analysis of the company’s resources and forecast economic trends. Colleges like AIM, Pune University, and Assam downtown university have a detailed and efficient course structure to imbibe these traits in aspiring students.
Practicality is a virtue!
Working in finance means that you are required to be accustomed to all the functions of the sector and for that hands-on practical experience is essential. Implementing projects enables a candidate to be familiar with the standards of the industry. The real essence of PGDM in Finance lies in the fact that it allows graduates to more fluidly adapt to the various needs of actual organizations.
Scope of the degree!
The PGDM courses become essential to bring forth a mix of both analytical and statistical skills with truckloads of passion for money to carve out a professional who is industry-ready with all necessary skills to manifest a career in corporate finance. Apart from increased salary, some career options that open up their doors after a PGDM in finance are:
- Financial Analyst
- Relationship Manager
- Account Manager
- Equity Research Analyst
- Research Analyst
- Investment Banker
Skills to work on!
These career options demand skills which a PGDM in financedevelops through not just extensive theory and ideas but creating a space for practical application, thus leading to a more foundational approach to chisel out the necessary tools. The prestigious IIMs andAIM, Pune Universityprovide that margin for growth through learning from experience derived from the texts.
Some of the skills which a PGDM in finance nourishes and caters to are:
- Analytical thinking
- Accounting skills
- Business intelligence
- Commercial acumen
Colleges to look out for!
It’s pretty obvious that a good college is essential to a bright career in commercial finance and it’s important to choose wisely according to one’s prerequisites. With a number of factors to assess and hundreds of options on the list, it becomes pivotal to do a thorough analysis. Don’t fret, we have narrowed it down and listed out the top 3 colleges for PGDM in finance.
- NARSEE MONJEE INSTITUTE OF MANAGEMENT STUDIES, MUMBAI- Located in the financial capital of the country, NMIMS is one of the most prestigious colleges in India. Ranked 4th for Private PGDM by Outlook 2020, the college is known for its highly detailed and specialized course structure, covering all aspects like corporate finance, insurance, and risk management. The institute conducts its own screening test- the NMAT and creams out the best talent, only to hone their skills and create future professional leaders of the industry.
- SP JAIN INSTITUTE OF MANAGEMENT AND RESEARCH, MUMBAI- The institution provides one of the best classroom experiences for its students. The emphasis on experimental learning through the hands-on implementation of key concepts creates a space where talent nurtures creativity. Their course structure is one of the best as it is constantly upgraded to match the market needs. PGDM in finance is their forte with companies like Goldman Sachs, BCG, and RBS visiting for campus placements.
- AIM, Pune University– With one of the best faculty and infrastructure, AIM, Pune University is one of the best colleges for PGDM in finance. The faculty is world-class and imparts knowledge that stretches beyond the conventional classroom, more so cultivating an interactive environment for the students, which is reflected in their placement records. It also introduces students to global finance seminars, expanding their horizons and promoting independent thought.
After PGDM in finance students become candidates to be considered for employment in organizations that are heavily financed inclined like Genpact, E&Y, Morgan Stanley, and RBS. Moreover, there is a high demand for financial management professionals as every company’s foundational focus lies in financial intelligence and stability to grow their business and foster profitability. Colleges like AIM, Pune University, and XISS, Ranchi are prime centers to kindle key financial skills these companies value.
There is no doubt in the possibilities this course promises and if you’re someone who wants to explore the world of finance and management, a PGDM in finance from a good college is the place to start