Banking and Finance courses lead to an effective career in the Finance field
by Cheryl Robert Financial AnalystFinancial analysts gather and evaluate industry and economic
fiscal data to predict investment performance. Their findings are used by
businesses and individuals to make decisions about stocks, bonds and other
financial stakes. They might work for financial institutions, corporations,
insurance groups and securities companies. A bachelor's degree in finance or
another relevant field is the minimum qualification, but many improve their
employment prospects by earning master's degrees. Professional certification is
another way to advance a career. The minimum requirement to pursue financial analyst course is a bachelor's degree. While an undergraduate
degree is sufficient for many positions, some require that financial analysts
hold graduate degrees. Financial analysts involved in regulated services, such
as legal advising or selling stocks, bonds or insurance, might be required to
obtain licensure.
At times when one has accidentally
stumbled upon a career in finance and started working ad hoc, a time comes when
they feel a block. That’s when they realize they need to pursue something to
advance in their career. Hence many head to Business School for a Masters in
Business Administration, or to take the certified financial analyst route. People get MBAs in finance, operations, etc., but they
tend to come out of school with broad-based knowledge.
A CFA certification is more niches. CFAs are
investment professionals, and the skills they pick up are super analytical.
They tend to stay in the professional niche longer, may head to a hedge fund,
private equity firm etc. A full time MBA
program generally consists of two expensive years surrounded by one's peers
studying various aspects of business. The
CFA, on the other hand, is a grueling, individual journey. There are various
levels, and it can take years to get through all of them. An MBA can take one
into all sorts of industries.
Banking and Financial Services courses include a variety of banking and money management services. Careers range from customer service banking and sales positions, financial advisers and analyst positions. They typically work in commercial banks, mortgage companies, savings and loan establishments.
Professionals in financial services must be able to interpret
financial statements and predict future market changes to recommend beneficial
investments and manage financial funds. Individuals who have pursued a banking and finance course may gain
experience first in customer service positions in banks, lending institutions
and credit card companies. Financial analysts typically work for investment
banks, insurance companies, mutual fund organizations, and pension and
securities firms. They provide analytical expertise on investment predictions
and strategies. Overall, it is a powerful industry to be in.
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Created on Dec 31st 1969 18:00. Viewed 0 times.