Financial services jobs are available all over the industry for every one wants to do more with their money. Investing is the mantra of the day with people looking to invest in stock markets, commodities, currencies as well as other bonds. You can opt for a financial services firm if you have the basic knowledge in finance and can help people in making key financial decisions. Financial services jobs can easily be found in some of the developed cities of the country where most of the offices are situated and people have the spending or the investing power.
Financial services Job Description
The Financial services job description which is generally assigned to people working in this industry is given below.
- To issue checkbooks, bills and other kinds of payments and deliver them delivered by post
- To provide personal loans, commercial loans, for either homes or business.
- To process credit card transactions and billing
- To substitute debit cards for checks .
- To provide electronic funds transfer and wire transfers of funds and internet banking between banks .
- Provide Charge card advances of the Bank’s own money for customers wishing to settle credit advances monthly.
- A cashiers check or a credit check must be provided..
- To provide a notary service for financial and important documents.
Education Requirements for Financial services Jobs
In order to get a Financial services job in a reputed firm there are a certain requirements which need to be fulfilled by the candidate. They are as follows:
- Bcom : A degree in Commerce having Accounts or Taxation or any other related field as the major subject from a recognized university or college is preferred.
- MCom: A Masters degree in Commerce or Finance from a reputed college is also accepted at a large number of firms.
- MBA (Finance): A Masters of Business Administration degree with specialization in Finance can give a financial services candidate an edge over the others.
- CA: Being a Chartered accountant can help you learn the basics of accountancy.
Skills needed for getting an Financial services job
In order to get a Financial services job in a reputed company, any Financial services job seeker must possess the following set of skills:
- Mathematical aptitude: A Financial services job seeker should also have an aptitude in Mathematics and should be able to work with figures quickly and accurately.
- Computer knowledge: Basic knowledge of computers including Microsoft Word, WordPerfect, Outlook, Excel, Advanced Excel, PowerPoint, Tally etc would prove to be an asset for Financial services professional.
- Risk identification skills: A Financial services professional should have extremely good reasoning as well as Risk identification skills.
- General awareness: Practical knowledge and the knowledge about the current market scenario is also a must to get a good Financial services job.
- Analytical skills: The job involves a large amount of analyzing and being able to read between the lines.
Training and Certification
There are a large number of training as well as the certification courses that are offered to Financial services. These short term courses are offered by a large number of institutes.
Theoretical as well as practical training can be taken on various topics out of which a few are:
- Chartered Accountant course.
- Company Secretary course
- FRM Financial risk Management
- CFA Chartered Financial Analyst- International Level 1
- CFA Chartered Financial Analyst- International Level 2
- CFA Chartered Financial Analyst- International Level 3
- ICFAI course from Indian university
- CAIIB
- NSE/BSE course
- NCFM course
Financial services Job salary
The salary received by a Financial services is pretty good though it may vary from one organisation to another organisation. As and when your experience increases in the organisation or in the Financial services industry, your salary will also rise.
Beginner (0-1 years of experience)
Monthly: Rs.15,000 to Rs.18,000
Annual: Rs.1.8 lakhs to Rs.2.16 lakhs
Professional ( 2-3 years of experience) :
Monthly: Rs. 18,000 to Rs. 30,000
Annual: Rs.2.16 lakhs to Rs. 3.60 lakhs
Financial services Manager professional ( 5 and aboveĀ years of experience)
Monthly: Rs. 30,000 to Rs. 50,000
Annual: Rs.3.60 lakhs to Rs. 6.00 lakhs
Cities to look for Financial services jobs
Financial services jobs are easily available all across the country though most of the Financial services companies in India are locates in the following cities where it will be easier to find a Financial services job- Mumbai, Delhi, Chennai, Pune, Hyderabad, Gurgaon, Bangalore, Chandigarh, Kolkatta and Ahmedabad.
Financial services Job Outlook
In the financial industry it is easy to get a financial services job. Since people have realised the value of investing their money in stocks or other commodities, the financial companies too are looking at hiring a large number of finance professionals who can offer people their services. Thousands of management as well as finance graduates are offered financial services jobs these days. If you have a background in finance or have an understanding of it then you could opt for a financial services job. The financial services professionals can join a financial services firm or can start their own financial services firm or consultancy. In financial services there are several job profiles that people can opt for like financial analysts as associates.
Related posts:
- Finance Jobs, Finance Job description, training, courses, certification, salary
- Chartered Accountant Jobs, Chartered Accountant Job description, training, courses, certification, salary
- MBA Finance Jobs, MBA Finance Job description, Training, Courses, Certification, Salary
- Tax Jobs, Tax Job description, Training, Courses, Certification, Salary
- Accountant Jobs, Accountant Job description, training, courses, certification, salary
- Accounts Manager Jobs, Accounts Manager Job description, training, courses, certification, salary
- Audit Jobs, Audit Job description, training, courses, certification, salary
- Analyst Jobs,Analyst Job description, Training, Courses, Certification, Salary
- Oil And Gas Job, Oil And Gas Job description, Training, Courses, Certification, Salary
- Manager Jobs, Manager Jobs description, Training, Courses, Certification, Salary
- HR Jobs, HR Job description, Training, Courses, Certification, Salary
- BPO Jobs, BPO Job description, training, courses, certification, salary
- Banking Jobs, Banking Job description, Training, Courses, Certification, Salary
- Net Jobs, Net Job description, Training, Courses, Certification, Salary
- ISP Jobs, ISP Jobs description, Training, Courses, Certification, Salary
April 2nd, 2010 at 1:26 pm
Dear Sir/Madam,
I, rakesh kumar pursuing MBA from IBS -Gurgaon,
looking for a course in finance related to MBA.
9888545056