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PGDM in Finance is a management course designed for students who aim to enhance their knowledge about financial management such as working capital management, international finance, and mergers and acquisitions. It will equip you with knowledge and skills to carry out your responsibilities as a financial manager in an organization. It will help you understand the process involved in analyzing costs, expenses and profits of an organization.
Here’s an overview of PGDM in Finance:
- PGDM in Finance is a postgraduate-level course
- The duration of the course is 2 years (full-time)
- The examinations are in a semester pattern
- To be eligible for a PGDM in Finance, you are required to be a graduate with more than 50% marks
- Admission Process is not uniform. While some institutes provide merit-based admission, others need you to clear a competitive entrance exam such as CAT, CET, MAT, CMAT, etc.
- Average fees for the course range between INR 50,000 to 5 lakhs
- Starting salary averages between INR 2 lakhs and 15 lakhs per annum
- Top Job Profiles that can be explored with a postgraduate diploma in Finance are Bank Manager, Investment Banker, Financial Manager, Portfolio Manager, and Financial Advisor.
How PGDM in Finance paves the way to a great career?
Following are the reasons why a postgraduate diploma in management in Finance is the right course to pursue.
- Wide Scope
In the current era, there is an immense scope in the finance sector. Finance is the backbone of any organization. Finance professionals can never go out of jobs. In fact, there are new job profiles coming up in the finance sector. This makes PGDM in Finance a right choice to kick start your management career.
- Growing Industry
Being an evergreen specialization, there are no limitations of opportunities for qualified management professionals. As your experience and exposure to this field increases with time, it will turn you into a valuable asset for potential employers.
- Many Professions
In finance, there are a multitude of different professions you can explore. Once you complete your PGDM in Finance and receive your degree, you will be able to apply for profiles like financial manager, investment banker, bank manager, accounts manager, financial advisor, portfolio manager, financial planner, equity analyst, and more.
- High Salary Packages
Since it is PGDM in Finance, it is all about money. Every finance employee is an asset to his employer and is paid handsomely, with excellent add-on perks. Of course, this all depends on the organization you work for. But with a PGDM in Finance degree, you can rest assured to make it to a great organization, with a great profile, and great pay.
Ensure you keep an eye out for the different upcoming and current job profiles in the finance industry.
With a PGDM in Finance, you should know these 4 career profiles that you can apply for.
- Bank Manager
A bank manager is responsible for overseeing the operations of a department at a bank or financial institution. He manages the resources and the day-to-day functioning.
- Investment Banker
You can apply for an investment banker’s profile. The duties of investment bankers consist of underwriting new stock issues, being responsible for mergers and acquisitions, and standing-in as a financial adviser to a number of high profile firms, both private or public.
- Financial Manager
Finance Managers oversee the financial operations of an organization. They advise on investment plans, monitor the company's finances and produce financial reports, so as to ensure the financial stability of the organization.
- Financial Advisor
With a PGDM in Finance, you can be a Financial Advisor, who provides consultancy and advice about an organization’s finances. Financial advisors can help companies reach their financial goals sooner with strategies that can help create more wealth.
Now you know why you should opt for a PGDM in Finance. After you complete your post graduate diploma, there are immense career opportunities awaiting you in the finance industry.