How to Become Financial Management Professional In India - Course, Salary, &  Job Details

As earning of the the people is increasing the demand for managing the money has increased rapidly.

Job Profile of Financial Management Profession in India-

How to Become Financial Management Professional In India - Course, Salary, & Job Details


The job of a Financial Management Professional in India is to present financial reports and interpolate the financial information so that the management can take all necessary decisions based on the financial position and strength of the organization. Finance managers are also busy creating strategies to strengthen the financial health or financial condition of the organization. Their work does not end here, they do all the work related to Costs, Pricing, Variable Contributions, Sales and Revenue so as to increase the profit of the organization continuously. A finance manager is the 'lifeline' of an organization to keep all the functions of an organization running smoothly.

Financial Management Course Details-
The Financial Management course is related to financial planning, accounting and making strategy of plans for profitable development of the organization. The goal of these courses is to provide financial skills to the students / candidates so that the budget can be prepared along with determining the resources for different departments of the organization. Whether it is banking, financial services, NBFCs or any corporate related industry, the Financial Management course covers all the topics and issues that develop your understanding to master all these fields as well as many other fields or issues.

Financial Management Course Types in India-
You can do financial management courses after passing your 10 + 2 class. If you do not want to spend a lot of your time to do undergraduate courses, then you can do diploma courses. However, if you want to get higher studies, then taking admission in undergraduate course will prove to be a great decision for you. Details of various types of courses in the field of financial management are given below for your convenience:

Diploma courses in Financial Management

Students can do diploma course immediately after passing 10 + 2 class. The duration of this course is 1 year.

Undergraduate courses in Financial Management

The duration of the undergraduate course in Financial Management is 3 years. Undergraduate course in financial management is known as BBA degree.

Postgraduate Courses in Financial Management

The duration of postgraduate course in financial management is 2 years. This degree is commonly known as MA / MBA degree in Financial Management.

Doctoral Courses in Financial Management

You can get a doctoral course in Financial Management ie Doctorate of Philosophy (PhD) after obtaining a postgraduate degree in an allied subject. The duration of the doctoral course is 3-4 years.


Top institutes to undertake Financial Management courses in India-

Financial management courses are conducted by various B-schools in India. The course Karikulam offered by each university may be different from the course Karikulam of other universities. If you want to make a career in financial management, then you can see the list of various MBA institutes mentioned below. The rankings of these institutes have been released by the NIRF, Ministry of Human Resource and Development (MHRD) and these rankings justify the quality of education provided by IIMs to the students.

Financial Management Career Opportunities in India-

In the field of financial management, there are many job opportunities for skilled professionals so that the vacant posts of organizations can be filled. Whether you have done a diploma, degree or doctoral course, you are given designation and salary in the industry based on your education level and work-experience. Therefore, let us discuss about the current hiring trend in the field of financial management in the entire business world.

Financial Management Profession Salary Structure in India-

Salary proves to be an important factor when you choose a career for yourself. For finance management graduates, there is nothing to worry about salary as the industry offers good salary to the skilled and talented candidates provided that they are experts in their field of work and they are fully aware of the latest updates. Following are the details of salary to be given to finance graduates:

Fresher- 2-7 Lac Per Year.
2-4 Year Experience- 4-12 Lac Per Year.
5-10 Year Experience- 6-15 Lac Per Year.
11-20 Year Experience- 8-20 Lac Per Year.