Friday, 31 July 2015


Ankit Kapoor Speaks

Co-Founder @ PRATHAM Education

UG Entrance Prep Specialist 

Straight from the *Director’s Desk* ….

With the shifting trends in the Education Industry a lot of new careers have gained sudden popularity. The Industry witnessed a sudden growth in students opting for these relatively newer courses, which in turn appear to be very promising career opportunities. Today I’m talking about one such area of interest - Financial management.

Financial Managers spend much time developing strategies to help the organization realize its long-term goals. Their responsibilities vary according to their positions in a company. Specific titles include controller, treasurer or finance officer, credit manager, cash manager, and risk and insurance manager.

To throw more light, let’s take few examples - Treasurers and finance officers direct an organization’s budgets and financial objectives by overseeing the investment of funds and managing associated risks, supervising cash management activities, addressing mergers and acquisitions, whereas, risk and insurance managers, in addition to managing a firm’s insurance budget, direct programs to minimize potential risks and losses from a firm’s financial and business operations.

Scope of employment for Graduates:

Financial institutions like commercial banks, savings and loan associations, mortgage and finance companies, financial management firms, real estate companies, investment advisory firms and the like, readily employ financial managers.

Few upcoming careers in this umbrella are:
  • Wealth Management 
  • Private Equity Management 
  • Treasury Management 
  • Corporate Finance Management 
  • Luxury Brand Management


Pre-requisites for this course:
To make a career in this area, one must be interested in finance and banking instruments along with basic knowledge on investment portfolio strategy. The student must have analytical and problem solving skills. They must demonstrate Leadership and effective verbal and written communication skills as well.


 Certifications in Finance that can be done along with graduation:
  • Trading
  • Clearing and Settlement
  • Trading Membership
  • Legal Framework
  • An Overview of the Indian Securities Market
  • Fundamental Valuation Concepts
  • Market Index
  • Introduction Futures & options
  • Application of Futures & Options
  • Trading in Futures &Option
  • Regulatory framework
A highly recommended program for entrants into Finance is the, Gold@18 program. This program is aimed at establishing a recognized standard of knowledge and competency for entry level professionals in the Financial Service Industry and is provided by the International Institute of Financial Markets (IIFM) Limited. It is currently being offered for the students between the ages 17-22 years.

Gold at 18 is the first skill based course which will enable students to actively trade on the markets with right knowledge and balanced trading psychology. The program blends both practical and theoretical aspects of financial markets. The participating students get 4 certifications for their learning efforts in time span of 2 months. 

Career Ladder:

Few Important Institutes:

Under Delhi University:
  1. Shaheed Bhagat Singh 
  2. Delhi College of Arts & Commerce 
  3. Sri Ram College of Commerce
  4. Lady Shriram College of Women
  5. Hans Raj, Delhi
  6. Hindu, Delhi
  7. St. Stephen’s College
  8. Jesus & Mary College
Other Important Institutes:
  1. ISB, Delhi
  2. Loyola College, Chennai
  3. Christ College, Bangalore
  4. St. Xaviers, Mumbai & Kolkata
  5. Symboisis College of Arts & Commerce
  6. Shri Narsee Monjee College of Commerce & Eco.
  7. Narsee Monjee Institute of Management Studies, Mumbai

Some Important Information:

  • BBS(Bachelor of Business Studies) course offered in 3 colleges has been renamed as BMS (Bachelor of Management Studies)
  • BFIA (Bachelor of Financial & Investment Analysis) renamed as BBA (FIA) – Bachelor of Business Administration (Financial Investment Analysis) 
  • Mathematics is compulsory for applying to BMS , BBA(FIA) and BBE Course

Selection to BMS and BBA(FIA) will be based on :
  • Entrance exam (50% weightage); 
  • Best of four percentage scored in Class XII Board exam (30% weightage) – ( English & Maths Compulsory)
  • Group Discussion and Personal Interview (20% weightage). 

Selection to BBE will be based on :

  • Entrance exam (50% weightage); 
  • Best of four percentage scored in Class XII Board exam (50% weightage) – (English & Maths Compulsory)