Career in Finance: Know the High-Paying Options for an Exciting Future!

Are you passionate about numbers? Do you find working with numbers, money, and making sound financial decisions your cup of tea? If yes, then a Career in Finance could be a right fit for you! A career in finance offers a variety of opportunities for those who have a great skill & knowledge of money management, investments, and financial planning. But there are many options available, so how to choose the best career in finance? Don’t worry, we got your back! Before everything, let’s have a look at –

Quick Highlights About Career in Finance

• Careers in finance include roles in investment banking, financial planning, corporate finance, and more.
• Finance professionals often enjoy lucrative salaries and substantial bonuses.
• Financial expertise is needed worldwide, offering opportunities for international work.
• The dynamic nature of finance ensures ongoing education and skill development.
• Finance professionals play a crucial role in business strategy, economic development, and wealth management.
• To have a career in finance, you can pursue courses like Bcom, MCom, CA, CFA, CMA, CPA, BBA in Finance, PGDM in Finance, PhD in Finance, etc. 

It was just an overview, a career in finance opens a lot of opportunities. India’s finance sector is dynamic and rapidly growing, offering numerous career opportunities. Whether you’re a recent graduate or an experienced professional seeking a career change, this field has something for everyone. The diverse roles range from investment banking to financial planning, ensuring a match for various interests and skills. 

So, are you ready to explore the options? Come along… 

List of Best Careers in Finance 

In this section, we will explore some of the best career options in finance in India. 

Career	Courses Available	Eligibility Required	Career Growth
Financial Analyst	CFA, MBA in Finance, Chartered Accountancy	Varies From Course To Course. For CA, you can pursue this course after the 12th	Senior Financial Analyst, Finance Manager
Investment Banker	MBA in Finance, Chartered Financial Analyst (CFA)	Bachelor’s degree, often in finance or economics.	Managing Director, Investment Banking Head
Financial Planner	Certified Financial Planner (CFP), MBA in Finance	Bachelor’s degree, financial planning certification	Wealth Manager, Financial Advisor
Risk Manager	FRM (Financial Risk Manager), MBA in Risk Management	Bachelor’s degree in finance, risk management certification	Chief Risk Officer, Risk Management Director
Equity Research Analyst	Chartered Financial Analyst (CFA), MBA in Finance	Bachelor’s degree in finance, economics, or related field	Senior Equity Analyst, Portfolio Manager
Corporate Finance Manager	MBA in Finance, Chartered Accountancy	Bachelor’s degree in finance or accounting	Finance Director, CFO
Financial Controller	Chartered Accountancy (CA), MBA in Finance	Bachelor’s degree in finance or accounting, CA certification	Chief Financial Officer (CFO), Finance Director
Credit Analyst	MBA in Finance, Chartered Accountancy	Bachelor’s degree in finance, accounting, or related field	Senior Credit Analyst, Credit Risk Manager
Treasury Analyst	MBA in Finance, Chartered Accountancy	Bachelor’s degree in finance, economics, or related field	Treasury Manager, Finance Director
Financial Consultant	Certified Financial Planner (CFP), MBA in Finance	Bachelor’s degree in finance, financial planning certification	Senior Financial Consultant, Wealth Advisor

List of Top High-Paying Careers in Finance in India 

Now, let’s have a look at the top high-paying careers in finance after graduation along with their average salary: 

Career Opportunities in Finance	Average Annual Salary (INR)	Roles & Responsibilities
Investment Banker	9-12 lakhs	Advises clients on investments, handles IPOs, M&A
Equity Analyst	6-9 lakhs	Analyzes stocks, makes investment recommendations
Derivatives Analyst	6-8 lakhs	Analyzes financial data, develops derivative products
Risk Manager	8-10 lakhs	Identifies and manages financial risks
Credit Analyst	6-9 lakhs	Assesses creditworthiness and evaluates loan risks
Financial Controller	9-12 lakhs	Oversees financial reporting, ensures compliance
Corporate Treasurer	10-15 lakhs	Manages the company’s cash flow and investments
Tax Manager	8-12 lakhs	Develops tax strategies, ensures tax compliance
Compliance Officer	6-10 lakhs	Ensures the company complies with regulatory requirements
Portfolio Manager	8-12 lakhs	Manages investment portfolios for clients
Financial Analyst	5-8 lakhs	Analyzes financial data, prepares reports
Investment Advisor	6-10 lakhs	Provides investment advice to clients
Chief Financial Officer (CFO)	20-30 lakhs	Manages the company’s financial actions and strategies
Finance Director	15-25 lakhs	Oversees financial activities of an organization
Chartered Accountant (CA)	6-9 lakhs	Provides financial advice, audits financial records

Note: The salary information provided is based on data from various sources such as Naukri, Ambition Box, Glassdoor, PayScale, and others.

Bonus: How to Start a Career in Finance?

Starting a career in finance is an exciting journey that requires dedication and strategic planning. Whether you’re just beginning or looking to transition into the finance industry, here are some key steps to guide you toward a successful career path.

Obtain a Relevant Degree

Consider pursuing a bachelor’s degree in finance or a related field. While not always mandatory, having a degree can significantly enhance your prospects and knowledge base, making you a competitive candidate in the job market.

Gain Practical Experience Through Internships

Internships provide invaluable hands-on experience and exposure to the inner workings of the financial industry. Aim to secure internships in various sectors to broaden your understanding and identify your interests.

Leverage Your Network for Referrals

Tap into your professional network to seek referrals from contacts within the industry. Referrals can boost your credibility and increase your chances of landing interviews and job offers.

Continuous Learning with Relevant Courses

Stay updated and enhance your skills by taking relevant courses in areas such as business, accounting, economics, and ethics. Additionally, consider pursuing licensing courses to further specialize in specific financial topics.

Seek Guidance from a Mentor

A mentor can provide invaluable guidance and support as you navigate your finance career. Look for mentors within your network or seek guidance from experienced professionals in the field.

Attend Career Fairs

Participate in career fairs to network with industry representatives, learn about job opportunities, and showcase your qualifications. These events can serve as a stepping stone towards securing entry-level positions in finance.

Start with an Entry-Level Position

Begin your finance career journey by accepting entry-level positions that align with your interests and skills. These roles can provide a solid foundation and pathways for advancement within the industry.

Final Words!

The career scope for finance in India is vast, with opportunities in banking, investment, insurance, and corporate finance. Roles include financial analysts, investment bankers, risk managers, and financial consultants. India’s growing economy and evolving financial sector offer ample prospects for career growth and specialization in areas like fintech, sustainable finance, and data analytics in finance.

We have covered almost everything about a career in finance if you still need help! Reach out to iDreamCareer. We are here to assist you in making an informed decision about your future in this thriving field. Take advantage of iDreamCareer’s College & Course Selection Program today and embark on the path toward a successful future! 

Also, read; 

• Career Options After 12th Commerce
• Drawn Towards a Career in Finance?
• Overwhelming Career Options in Commerce
• Career as a Chartered Accountant
• What to do After Graduation

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