Finance, as the name sounds itself is one of the highest paying MBA specializations these days. There are a number of students, who are not familiar with the job roles in this particular specialization. Let me tell you that Finance has the largest variety of jobs in MBA. Here in this article I will be going to cover this part. Hence, it could be a valuable one for you if you are looking for the same as well.
A job in Corporate Finance is like working for a company to find as well as manage the capital required to run the venture. It is done through minimizing the financial risk whilst maximizing the corporate or company’s value. Here you may have to set financial strategy, getting ready with financial statements, forecasting P/L etc. In addition, Corporate Finance includes post like Financial Analyst.
There is no doubt that jobs in Investment Banking is dream job for most of the MBA applicants with Finance specialization. It deals with assisting the corporate securities issuance and providing these to investors to buy. At the same time as trading securities as well as giving financial recommendations to both corporations along with wealthy individual investors.
Commercial Banking involves financial institutions or banks in a simple word. It starts from local banks to large financial entities. Jobs are available here in this domain like Loan Managers, Operation Manager, Bank Tellers, Branch Managers etc.
It mainly deals with purchasing or selling the funds, which is unregulated private investment, spread out as wide array of assets and financial products. It is also considered as one of the glamorous jobs in Finance. Jobs like Regulatory Compliance Officer, Trader, Quantitative Analyst, Portfolio Manager, Marketing Manager are available in Hedge Funds sector.
Private Equity and Venture Capital
Here in this domain the professionals are responsible for both the growth of the funds as well as development of the current operations. Keeping up the corporate business transactions by making available of enough funds is one of their major duties, like restructurings and managed buyouts. A private-equity job may engage working as a provisional executive as well.
Everyone knows that the domain of Public Accounting is quite extensive. Therefore, a number of opportunities are there. A Public Accountant keeps record of all the business transactions, prepares or helps to prepare company’s financial reports and further auditing. In addition to, such jobs also deal with the tax return and financial consulting services.
Last but not least, this is one of the most significant areas where the MBA applicants with Finance specialization could do something great. If you are a good financial analyst and importantly your forecasting skill is excellent then this domain of Finance can change your life. Here the maximum growth you can expect as a Stock Market Trader or Trade Analyst.
Therefore, you can see that a number of job opportunities are there in Finance specialization. These not only give you a good start but it will grow your career to the peak level. So, if you are good with numbers and looking for getting into MBA then you are not supposed to miss such an excellent opportunity that only Finance can give you.
I think that Sunstone Business School one of the top MBA colleges in India and it is better to get admission there for MBA in Finance.
In these days of the global recession, it can be tough to get the job that you want. As if that is not enough, there is a lot of competition from other qualified individuals who are doing whatever they can to get a job. So if you want to have an advantage over your competitors, it is advisable that you have a unique skill that you can combine with your qualifications on paper. When you have a basic understanding of the company or even a certificate in a complementary field will always keep you one step ahead of the game. Even with all these, there are finance jobs available for those who like working with numbers.
This will give you a variety of options and you will be able to make an informed decision about what field you think suits you best. One job you can undertake is an auditor. You have the option of being an internal auditor where you will work within the company while if you go for an external auditor position, you will work for a big financial firm. The banking industry also has various financial positions. They offer competitive packages and great benefits.
The insurance industry also offers dynamic and challenging positions. An underwriting job can prove to be quite interesting and engaging since you get to calculate the number of premium to be paid on every type of insurance. When you take a look at accounting, it can offer you a great opportunity to make money. However you will have to undergo further training so that you can acquire the necessary qualifications. Another finance job is a bookkeeping position. You would basically be in charge of the day-to-day operations of the business.
The payroll department can also accommodate you, and your duties would include ensuring that employees are paid promptly and keeping the appropriate records up-to-date. You can also help individuals or companies with their taxes or even venture into private equity where you would be on the lookout for a great investment opportunity for a venture firm. You would then have to organize a deal between the two companies.
The current rough state of economy doesn’t mean that there will be absolutely no finance jobs. It just means that the finance jobs will be fewer, and the competition for them will be steeper. So if you are a finance professional, and happen to be looking for a finance job in these tough economic times, here are three steps, which if properly taken, can push you ahead of the pack in the competition for the few finance jobs available.
1. Update Your Skill Set. Unique circumstances call for unique skills, if one is to sail through them successfully. Most professionals looking for the top finance jobs right now are equipped with skill-sets which were adequate for the better times, but which might be considered inadequate for the current circumstances. Simply put, to beat your competitors in the search for top finance jobs, you will need to have skills that they don’t have. Having a unique skill-set gives an employer a reason to consider you for a job in preference to another candidate. And this applies whether you are looking for the top finance jobs in the financial sector, the middle office finance jobs in governments and non-profit organizations or even for the more ordinary commerce and industry accounting jobs. The unique skills in question need not be anything really fancy. Having, for example, a certificate in project management (which you can earn in a couple of weeks) puts you ahead of another candidate without such a certificate, even if you have the same basic qualification. Similarly if you are looking for commerce and industry accounting jobs, you might be well advised to approach the potential employer armed with at least some basic understanding of the workings of the business or industry you are considering working in. Armed with such a basic understanding of the underlying industry or business puts you at least one step ahead of another equally qualified finance expert who lacks such understanding.
2. Work on Your Resume. The presentation of your resume can make a great difference in your search for top finance jobs, and is likely to have an influence on the employer, even before they get to look at its contents. You might consider enlisting the help of a professional resume service, to help with the presentation of your resume. Remember the number of otherwise qualified candidates who get otherwise shoved out of the recruitment process simply because of poor resume presentation is huge – ensure you don’t fall for the same trap.
3. Consider enlisting the help of a finance recruitment agency. In a bid to reduce the workload involved in the recruitment process, many employers are increasingly turning to recruitment agencies for their staffing needs. This is especially true for executive jobs, like the top finance jobs, whose recruitment process might involve some level of head-hunting, and which employers might feel uneasy doing themselves, preferring to delegate it to recruitment agencies instead. Many employers are also increasingly turning to these finance recruitment agencies even for jobs which don’t necessarily involve head-hunting, like commerce and industry accounting jobs and other middle office finance jobs. This means that anyone looking for any sort of finance job is best advised to at least deposit their resume with the one of the major finance recruitment agencies. These finance recruitment agencies usually charge very nominal fees for their services, and the services they provide are very often worth what they charge.
If your car insurance is due for renewal and you are considering buying another policy then this article will provide you with important facts that you should know about. Car insurance policies are getting increasingly expensive and you should do all that you can to reduce your costs. How much you have to pay for your car insurance is dictated by a variety of factors as they apply to you and your vehicle.
In this article we will examine coverage limits, your age, gender and marital status, your location and insuring other household members. All of these factors will have a great influence on how much you will have to pay for your policy.
Coverage limits are generally dictated by the price that you are willing to pay for your insurance. A higher level of coverage will generally result in higher premiums. The best way to find a good value policy is to comparison shop. Nowadays it is generally accepted that the best way to do this is by using a car insurance comparison website.
Your age, gender and marital status will have a great effect on the auto insurance rates that you are offered. Insurers rate drivers using a variety of criteria, if you are a young single male driver you will usually have to pay higher rates. If you are a middle-aged female married driver then your rates will be lower. Insurers calculate the best car insurance rates for you by comparing levels of risk. Those groups which are statistically more likely to be involved in an accident have to pay correspondingly higher rates.
Location plays an important part in deciding how much your premiums will cost. Drivers who live in an urban environment will usually pay more than those from a rural area. This is because drivers who live in cities and heavily populated areas are more likely to be involved in an accident, or to have their car stolen or vandalized. Insurers generally offer better rates if you’re able to demonstrate that you keep your vehicle in a garage at night. You may also be able to improve the security arrangements of your automobile by fitting an alarm, immobilizer and steering wheel lock.
Insuring other household members will have an influence on the cost of your policy and the best car insurance rates that you offered. If you have teenage family members living with you and they are added to your policy, then your costs will increase. This may still work out cheaper than if your teenage driver were to have a separate policy in their own name.
In conclusion, there are a variety of different factors which can affect your ability to be offered the best insurance rates. Some of these are coverage limits, how old you are, whether you are male or female and whether you are married or single. Your rates will also be affected by the area where you live and whether other household members are included in your policy.