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Home » Career Mentor » Financial Managers
Career Mentor Details of "Financial Managers"

Name of The Profession

Financial Managers

Who is a Financial Managers and what does he/she do?

A financial manager defines and dictates the monetary aspects of an individual or an organization. They define measures for well defined paths for effective utilizations of one’s finance.

They are responsible for allocating budgets meant for specific purposes for meeting an objective or goal. The job also involves risk and diversity money management, reporting of financial statements, responsible for profit and loss statements etc. they add value to the company through sophisticated financial goals.

Qualifications Required

A master’s or a Ph.D. degree in subjects such as finance, accounting, taxation etc. is recommended. Some firms prefer degrees such as CMA, CCA, CGA or CA too.

Where can I go and study to become a Financial Managers?

       India

  • ICFAI University (Institutes of Chartered Financial Analysis of India), Hyderabad, Bangalore, Pune.
  • AICTE (All India Council for Technical Education).
  • Institute for Financial Management and Research (IFMR), Chennai.
  • IFIM (The Institute of Finance and International Management) Business School, Bangalore.

       UK

  • London School of Business and Finance.
  • London Business School.

       USA

  • MIT Sloan School of Management.
  • American Academy of Financial Management
  • The Financial Management of Research. Centers and Institutes.

Where can I work as a Financial Managers?

  • Private and public sector companies
  • Brokerage firms
  • Independent Financial consulting
  • Stock Broker firms
  • Financial institutions
  • Financial Research organisations

Potential earning capacity per annum:

The salary package of the Financial Manager’s could be somewhere between  96,000 to  1.5 Lac p.a. and if he is more experienced he can also earn upto  2 Lac p.a. (Approx).
 
 
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