Career opportunities while pursuing a Diploma in Financial Management

While it has often be said that knowledge must be pursued without an intent towards financial expectations but in todays times, an education without a proper thought of a career would be a grave error. While institutes like Vignana Jyothi Institute of Management, Deccan school of Management, Hyderabad Business School and ICBM School of Business Excellence offer diploma courses in Financial Management, what path could it eventually lead you to? What career prospects await you?

1. Investment Banking - Although, strictly speaking, Investment Banking does not require a diploma in Financial Management but if you are a student, it certainly tips the scale indoor favour. It gives you that added advantage that the others who do not have this degree wouldn’t grasp the principals of finance as well as you do. You gain an edge over others in matters of technical skills, crunching numbers and basic comprehension.

2. Commercial/Retail Banking/Insurance - A lot of work regarding these requires lengthy explanations to your clients so a thorough knowledge of Finance Management goes a long way. The better equipped you are about concepts, the easier and more seamless the process of dealing day to day is, be it clients or your superiors. This is a really lucrative job despite being highly demanding on you.

3. Planning/Budgeting - This is a job that essentially requires you to dwell on your technical knowledge that you gathered while attending the endless lectures. All what you learn during the day can come to fruition at your job. If you manage to get an opportunity to work where your planning and budgeting skills are honed while you are studying, it will be a double advantage since the work skills can be applied in academics and academic skills can help you shine at work.

4. Finance Writing - Express yourself while you are not pouring over those notebooks and textbooks  and make an extra buck. While you pursue a diploma in Financial management you can go on to write for a lot of financial publication on and off the web. All it takes is a flair of language and some determination to gear up to it.

Overall, Financial management gives you a set of skills to view the world of Finance under a different light and work experience to be had which might eventually to comprehend and enhance the economy.   

2016 Placements at VJIM, Hyderabad on a high 70% of PGDM Class 2016 placed already

The placement season for management students of 2016 Batch at VJIM, Hyderabad has begun on a rousing note. With 70% of students already placed at some of the top organizations in the country, things are on the right track for the institute, which has a consistent placement record over the years. If the initial developments are a marker for things to come, then the institute is bound to build on its solid placement season reputation.

VJIM, Hyderdabad has always attracted reputed names from different industries for campus placements. This year is no different with Deloitte, Tech Mahindra, Standard Charted Bank, ICICI Bank, Naukri.com, GGK Tech, Beam Fiber, Capital IQ, Invesco, Cafe Coffee Day, ICICI Securities, Axis Bank, Future Group, Kent RO, Thomas Cook, 99 Acres, Thomson Reuters and other renowned names recruiting from the institute.

It’s also interesting to note that many of the recruiters keep coming back to the institute to hire its industry ready students. It’s a fact evident from the letter of appreciation VJIM recently received from one of the recruiters, JARO Education. The leading name in the field had recruited Mr. Surya Deepak, a student of the institute in 2014, and was left impressed by his performance. It has encouraged the recruiter to continue its association with the institute, as mentioned in its letter.

The list of satisfied recruiters is endless and they are making their presence felt during the current placement season as well. Almost three-fourths of the students have already been placed and the institute expects to close placements by 31st March. The highest CTC received by a student so far is INR 5,45,000. The average CTC on the other hand is INR 4,35,000, which is heartening given the job market climate at the moment.

Prof. Ramarao, Placement Chairperson, VJIM, Hyderabad shed light on the trends noticed during the placement season so far when he said, “A lot of companies are zeroing in on their hiring plans this year. Hiring for marketing professionals is across industries with top names like Future Group, Decathlon, Kent RO, Asian Paints, Deloitte, Naukri etc. IT, BFSI and Retail industries on the other hand are the front runners in terms of head count.”

According to Prof. Ramarao, ICICI Bank, HDFC Bank, Axis Bank, Standard Chartered Bank, Mahindra Finance, Tata Capital have all hired in big numbers. In fact, one of the startling aspects of the placement season is that Financial and Investment Research sector has hired many freshers. Human Resources stream also hasn’t done badly in what is being seen as an encouraging season on the whole for one of the top B Schools in South India.