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Category: Finance

World Bank: 70% of Banking Jobs Will Need Digital Skills by 2030 – How to Prepare

Posted on by Imarticus Learning
Reading Time: 8 minutes

As we progress in the digital age, the evolution of the banking and finance career sector is becoming even clearer. The World Bank released a report that indicates that, by 2030, 70% of all banking jobs will require digital skills. This projection provides a strong blueprint for those looking to build a future in this sector. Embracing digital skills in banking has become a necessity and not an option. Digitalisation also represents more than the advancement of technology; instead, there is a profession-wide evolution of skills towards a new banking reality. Given these critical changes in the industry, we have to understand and prepare ourselves for the future. This blog will explore how to future-proof your banking career, so you can be equipped with the required digital skills as we start to navigate a rapidly changing banking world. So, if you’re beginning your career journey or simply looking to elevate your current position, now is the time to ride the digital wave transforming the banking sector.

Digital Revolution In The Banking Sector

The digital revolution is quickly changing the banking sector, and the demand for professionals with digital skills is rising. The World Bank report projects that by 2030, 70% of all banking jobs will require digital skills. This unprecedented change offers both challenges and opportunities for people pursuing a banking and finance career. First of all, technology is redefining traditional banking roles. Data analysis, digital marketing, and cybersecurity are now fundamental banking skills. For example:

  • Data Analysis – Banks are applying Big Data to help drive decisions, predict trends, and mitigate concerns in the delivery of customer service. With this level of investment made into data analysis, this translates into a high labour market demand for professionals with data analysis capabilities.
  • Digital Marketing – As banking extends beyond the branch or phone, digital marketing skills are essential for engaging customers and building a strong digital brand.
  • Cybersecurity – As digital transactions grow, so do cyber threats. As such, professionals with cybersecurity skills are in high demand to protect financial data.

To be successful in the future of banking careers, it is going to be vital for you to adapt to a new way of working and develop your skills to move forward. Several online platforms are now offering courses in data analysis, digital marketing, and cybersecurity that can help you advance your banking and finance career.

Also, you will need to have a customer-first mindset and be able to adapt to new tools and technologies. The future of careers in banking will no longer be based on just hard digital capabilities, but on having the right mindset to innovate, change, and navigate a new way of working.

Preparing for digital transformation in the banking sector

Technology has changed the nature of careers in banking and finance exponentially. Digital skills are no longer only an advantage; they are now a necessity. Many reports, including one from the World Bank, have predicted that the digital transformation will impact about 70% of jobs in banking by 2030. Financial establishments are continuously looking for individuals who can effortlessly navigate the digital realm while placing great attention to the following skill sets:

  • Data Analysis: Comprehending and interpreting complex data sets is essential in the banking industry. This entails familiarity with data analytics tools and knowledge of predictive modelling.
  • Cybersecurity: As banks’ operations go online, so does the increased potential for cyber attack. So, cybersecurity skills are highly sought after to protect sensitive financial information.
  • Artificial Intelligence and Machine Learning: These technologies are transforming the banking industry, making skills in artificial intelligence and machine learning increasingly important.
  • Blockchain and Cryptocurrency: As banks continue to adopt blockchain technology and deal with cryptocurrencies, professionals who are knowledgeable in these areas are in high demand.

Increased digitalisation of the banking industry is not just about the technology being implemented but also a movement away from traditional and developed ways of working, i.e. adopting new ways of working, thinking digitally, and promoting innovation. Therefore, those contemplating a career in banking and finance need to ensure they are equipped with the necessary digital skills to enter this new arena. That means formal education, online courses, or self-learning, it doesn’t matter, it will all help. The time to start is now.

Preparing for a Future in Financial Technology

In an increasingly digital landscape, a career in banking and finance isn’t all about just crunching numbers anymore – you’ll need a multi-faceted mix of financial knowledge, technological understanding, and innovation. The World Bank predicts that by 2030, 70% of banking jobs will require digital skills. To secure a place in the future of banking technology, it is essential to understand the changing requirements and adapt accordingly. If you are hoping to enter the door of fintech careers, here are some ideas to get you started:

  • Digital literacy: Proficiency in digital tools and platforms is not optional. The banking and finance industries will be reliant on digital tools in the future, particularly in areas such as cloud computing, data analytics, and machine learning.
  • Be aware: The fintech sector changes rapidly, so staying updated on the latest trends, such as blockchain and AI—be sure to read articles published about them—will keep you ahead of the game.
  • Develop your soft skills: The fintech sector will also consider your soft skills, for example, thinking creatively, solving problems and being flexible, in addition to your technical ability.
  • Obtain relevant qualifications: Consider whether a degree, certificate or course of study in financial technology, data science, or any specific field that pertains could be helpful. Many institutions offer courses that are specially prepared for students exploring careers in banking technology.

In conclusion, the career path in traditional banking and finance is changing rapidly, mainly due to the central role of technology in these sectors. Therefore, the individuals who will succeed in this exciting, future-focused industry are those who can combine their understanding of finance with their ability to understand digital tools and trends.

Developing Digital Skills: A Requirement For Banking and Finance Career Positions

Upskilling – or developing new skills – has now become a necessity for most roles in banking. It is essential to remain competitive, as banking jobs are evolving to incorporate tools and technologies that transform every sector. The World Bank estimates that 70% of all banking jobs will require digital skills by 2030. For those looking to upskill for a banking and finance job, there are several main areas to concentrate on:

  1. Data Skills: With the rise of big data comes the ability to analyse and interpret this data. Data skills will allow professionals to make informed decisions, identify trends and tailor services for their clients.
  2. Cybersecurity: The finance sector is at high risk for potential cyber threats, especially when considering recent news headlines about security breaches and attacks. Cybersecurity skills can cover knowledge of the latest security protocols as well as identifying and limiting potential threats.
  3. Fintech Acumen: Knowledge in innovative solutions like blockchain, artificial intelligence (AI) and mobile banking technology is essential as they are changing how traditional banking activities can be done.
  4. Digital Communication: As more customer communications move online, understanding digital communication tools is a key competency. Today’s banks utilise social media channels, chatbots and email for communication.

Upskilling for banking jobs improves employability and workforce readiness for the future of work in banking. Through developing digital skills, you will have laid the groundwork for a successful, resilient banking and finance career. It’s no longer enough to keep up with changes and increasing demands on the banking sector; it’s about staying ahead, ready to take advantage of changes.

Getting Ready for a Digital Future in Banking

As we look to the end of this decade, we anticipate seeing significant changes to the landscape of careers in the banking and finance sector. According to the World Bank’s forecasts and modelling, roughly 70% of banking jobs are predicted to require digital skills by 2030. This rapidly evolving trend also highlights the importance of the banking and finance industry preparing for a digitised future.

  • Changing Skillsets: Banking no longer only provides a tick-board for numbers and financial regulations. By 2030, there will be a great demand for professionals with skills in data analytics, artificial intelligence and/or blockchain. The banking sector will become increasingly digitised, and skills in navigating these new realities will be essential.
  • Changing Job Roles: Traditional banking roles will also be impacted, where a bank teller’s role may now involve not just face-to-face customer service, but also proficiency in various digital banking applications.
  • The Rise of Fintech: Fintech has been disrupting the banking industry for several years, and its impact on careers in banking and finance is expected to be significant by 2030. As a result, many industry roles will need to adapt to these new technologies.

Evolving changes in the banking and finance sector present both obstacles and opportunities for people choosing to pursue a career in banking and finance. Professions will adjust to adapt to the digital disruption of financial services rapidly, and individuals will need to earn new up-skilling and educational qualifications. Lifelong learning and building comfort with digital tools will ensure employability and ultimately support the continued growth of the banking and finance sector in the digital age.

As we eagerly await the arrival of 2030, let us prepare to embrace this digital revolution and how these evolving trends will help you succeed in a career in banking and finance.

Navigating this banking and finance career path can be a deep, complex process, characterised by many challenges. Imarticus Learning’s highly regarded and well-structured banking and finance course is designed to make this journey possible by providing the knowledge and skills needed to be successful in the industry. This comprehensive course complements the topics we’ve covered in this blog, providing an appreciation for the subtleties of the financial sector. The program is structured for delivery to offer you both practical and theoretical knowledge from industry professionals. By taking this course, you give yourself the best chance of moving forward in your career, especially with the skills and abilities to stand out in the job market. This program is ideal for individuals who wish to explore banking and finance further, and gives you the best platform for you to make the most of your future. Enrich your career with this course, and move confidently forward towards fulfilling your purpose in the banking and finance sector.

FAQs

When the World Bank says, “70% of banking jobs will need digital skills by 2030”, what does that mean?

The World Bank indicates that due to rapid digitisation of the banking sector, the way jobs are created, developed, change and become obsolete will occur at a much quicker and possibly systematic pace. Therefore, based on current expected rates of digitisation, by 2030, approximately 70% of all roles in the banking sector will require some level of digital skills. Digital skills may not always be the apparent choice i.e. algorithms that process data or AI that communicates with customers (currently). Regardless of the job role, the career area of banking and finance is going to require digital skills, whether you are aware of it already or not.

Why is there going to be an increased need for digital skills in the banking and finance career area?

The banking and finance sector is in a state of rapid change, driven by technological advancements. With the increased use of digitisation and automation, there is a growing demand for people to leverage these technologies to make Banks and financial services work more efficiently and provide better customer service. Increased cyber threats also require banking professionals to have developed knowledge and understanding of digital security. Digital skills are no longer merely beneficial but essential in the banking and finance career area.

What digital skills can I expect to be sought after in the banking area?

The digital skills you are required to know can depend on the type of job role. However, some popular digital skills include data analytics, financial software, cybersecurity knowledge, blockchain and cryptocurrencies, and knowledge of AI and machine learning. Given that working remotely is becoming increasingly common in banking and finance, it is essential to be proficient in using digital and online communication and collaboration tools.

How can I prepare my digital skills for the changing banking area?

To prepare you for the changing area, start using various online digital media and resources to be informed of the latest digital trends in the banking and finance sector. Read articles, attend webinars, and visit industry events. In addition, consider professional courses to gain hands-on experience with various digital skills in banking and finance. Importantly, you must not only gain the relevant skills but also continuously update them, as the world of digital banking is constantly changing to keep pace with the new digital environment.

What are the career opportunities for candidates who have digital skills in the banking area?

Given the demand for digital skills, individuals skilled in digital technologies are more likely to have varied opportunities in the banking and finance career area. I expect to see roles available in areas such as digital banking, financial technology (fintech), cybersecurity, data analytics, and

From Side Hustles to Six Figures: Why Gen Z is Eyeing CPA Certification

Posted on by Imarticus Learning
Reading Time: 7 minutes

 

As the concept of “9 to 5” continues to evolve, Generation Z is initiating a new career trajectory. One of the paths that is gaining steam is pursuing a CPA designation. In today’s blog, we will explore how this designation is transforming side hustles into six-figure careers, creating exciting future opportunities for these individuals. The reasons for pursuing a CPA designation are numerous; whether it is to gain financial independence, have flexible work hours, or start a successful career, there are many great perks of CPA certification! For a bit of background, a Certified Public Accountant (CPA) is an internationally recognised accounting designation that offers a professional in-demand skill-set that is needed across multiple industries. By having attention to detail and a strong affinity for numbers, Generation Z can use this certification to open doors and develop a six-figure career in no time! In exploring the reasons why CPA certification can have this appeal, we hope it will encourage the next generation of accounting professionals to be strategic about their careers and potentially achieve significant success. Buckle up as we move from side hustles to six figures!

Closing in on Financial Success: The Growing Trend within Generation Z

Generation Z, the most technologically engaged generation, has shown increasing interest in financial stability and independence. An increasing number of digital-first natives are pursuing the CPA designation to help move them towards a secure financial future. For the following reasons:

  • Worldwide Recognition: The CPA is a globally recognised certification, affording Generation Z the ability to work anywhere in the world with this designation. The diverse and immersive travel experiences around the globe will appeal to Gen Z.
  • Financial Independence: The median salary for CPAs is over $70,000, with information from the U.S. Bureau of Labour Statistics indicating a very promising median earning potential for CPAs. This appeals to Gen Z, as they are known to be eager to reach financial independence as early as possible.
  • Changing Business Landscape: The changing world of business is increasingly requiring professionals who can change and grow with it. The CPA certification equips Gen Z with relevant skills to showcase their marketability in the evolving landscape.
  • Entrepreneurial Opportunities: Their reputation as self-starters and side hustlers means that Gen Z are always looking to be in control of their career path. The CPA designation is versatile enough to allow them to open their firm, consult, or work in legitimate industries.
  • Continuing Education: The value of lifelong learning is something Gen Z reflects and appreciates. The CPA certification process provides this and has exchanges of supportive, continuing education credits toward maintaining certification.

A chart helpfully summarising the benefits of CPA certification for Generation Z might look like the following:

Benefits of CPA Credential Why They Are Appealing to Generation Z
Worldwide Recognition Ability to travel and work
Financial Independence High earning potential
Transferable Skills Preparation for business in transition
Entrepreneurial Opportunities Flexibility to choose careers
Life-Long Learning Encouragement of a life-long learning culture

In conclusion, CPA certification is an excellent opportunity for Generation Z, aligned with their values, dreams, and lifestyle.

Expanding Horizons: Adventures in Certified Public Accounting

In recent years, Certified Public Accounting (CPA) has evolved from a traditional profession into an exciting path of career opportunities. The CPA certification is being seen more as a way to explore a multitude of careers inside and outside of the accounting profession.

One of the best CPA career opportunities is in corporate finance. As a CPA, you can grow into some of the highest-paying jobs, including Chief Financial Officer (CFO) or the Director of Finance; in these roles, you will help manage and grow the profits of businesses.

  • Auditing and assurance services: If you prefer the traditional aspects of a CPA career, CPAs can help businesses ensure transparency in their operating procedures and ensure compliance with the accounting standards.
  • Forensic Accounting: A CPA can also focus on fraud detection and fraud prevention.
  • Business Financial Analysis: Business corporations are always looking to invest and require CPAs to evaluate their investment options and associated risks.

In addition to the above careers, CPA certification opens the door to consulting services where CPAs can advise businesses on various financial and operational needs. Additionally, the rise of Digital Finance and fintech start-ups offers an even wider range of possibilities for CPAs. They can now consider roles such as Financial Systems Analyst or Compliance Officer within these new industries.

In short, obtaining the CPA designation adds to your credibility as a finance professional and opens a breadth of avenues to explore. So whether you’re a recent graduate or an experienced contributor, the career options for CPAs are limitless and can lead to a lucrative, rewarding profession.

Global Opportunity with CPA Designation

In a globalised world, it makes sense for ambitious Gen Z professionals to pursue global CPA recognition. The global CPA recognition is sought after by many, as it not only proves one’s level of competency in accounting but also signifies a global professional opportunity.

Here are some top benefits of obtaining a global CPA recognition:

  1. International Recognition: With a worldwide recognised qualification, a CPA certificate allows you to compete for jobs on a higher level in the job market. It also means you commit to maintaining the highest level of practice in financial management and accounting, making you a very applicable candidate for multinational businesses.
  2. Career Development: Global CPA recognition offers career paths that enable you to work in numerous countries. Your qualifications allow you to work in many different roles and professions in finance, audit, taxation and consulting, promoting career development opportunities at a quicker pace.
  3. Increased Salary: CPA professionals typically earn higher salaries because they possess specialised skills. According to a survey, individuals with CPA credentials typically earn 10-15% more than those without the credential.
  4. Networking Opportunities: The global CPA community is a fantastic opportunity to network with industry leaders and other professionals around the world. These connections can lead to collaboration and advancement in your career.

To put this in context, the global CPA recognition is an investment in the professional you will be. It develops the skillset to navigate complex financial worlds, hence creating the value of you as an employee. You may be a Gen Z professional looking to start your career or a seasoned accountant looking to land that next big job – a CPA certification will allow you to do things worldwide.

Understanding the Road to CPA Certification: The Important Things You Need to Know to Get Through the Exam

Perhaps one of the most challenging steps to the CPA certification is the infamous CPA exam. In itself, it is an actual test of your accounting ability. But if you prepare strategically, you can minimise the pressure of this task. Here are some practical tips for your CPA exam preparation.

  1. Understand the Exam: Familiarise yourself with the exam, which consists of four sections: Auditing and Attestation (AUD), Business Environment and Concepts (BEC), Financial Accounting and Reporting (FAR), and Regulation (REG). Each section has a specific structure to the exam – knowing that will help shape your study strategy. You may decide to incorporate study themes for consecutive sections based on similarities, for example, the BEC and REG focus on professional responsibilities.
  2. Make a Study Plan: Fortunately, a good study plan to break down your CPA certification study material into manageable content is a huge advantage. As you map out your preparation for each section of the CPA exam, make sure to include timetables that provide for your rewrites and revisions, breaks, and rest to prevent burnout.
  3. Practice Questions: There is no question too small or insignificant to use to enhance your understanding. Doing past questions is a great way to see the types of questions that you will be asked on the CPA exam, as well as to find out what you may need to study more on.
  4. Study Groups: Consider forming a study group with others looking to obtain their CPA. It can be very helpful to discuss complex concepts, find relevant information sources, and gather other perspectives on financial accounting topics.
  5. Keep informed: The accounting landscape is constantly changing, and for you to become a CPA, you need to stay informed of changes in laws, regulations, and standards.

It will take time to get your CPA certification, and it is a marathon, not a sprint, so taking a steady and measured approach to your preparation is essential. Your work and planning will be worthwhile when you can call yourself a CPA.

Realising Potential: The Benefits of CPA Certification for the 21st-Century Corporate Ladder Climbers.

In a world of heightened competition, today’s young professionals are continuously exploring ways to climb the corporate ladder faster. For finance professionals, a CPA (Certified Public Accountant) is a reliable, gold-stamped passport. And besides being globally recognised, CPA certification offers other benefits:

  1. Career Cheer: Acquiring a CPA certification is the perfect way to speed up your career progression. Your certification demonstrates your commitment, knowledge, and skill. Thus, your resume will become a magnet for prospective employers when your CPA is listed in the credentials section.
  2. Higher Earnings: The Association of International Certified Professional Accountants found that a CPA makes 10-15% MORE than someone who is not a CPA. So, not only is a CPA a strong credential to have, it can also help fatten your wallet!
  3. Different Career Paths: As a CPA, you are not just limited to auditing or public accounting. You can explore consulting, forensic accounting, tax, and even corporate finance.
  4. Worldwide Credential: A CPA is a credential that is recognised globally. This means that if a job in the international market is your goal, certification will help you achieve it.

As a younger professional, a CPA can be a significant boost to your career objectives. A CPA not only give you a strong skill set, but it also differentiates you from everyone else in the job market. Beyond that, it provides you with a competitive edge. As you embark on your journey, please remember that the benefits of certification extend far beyond monetary gain. I encourage you to think of yourself beyond gain, empowerment, differentiation and a pathway to a prosperous future in finance.

In finance and accounting, you may be looking for ways to maximise your career opportunities. The Imarticus Learning CPA Certification course can be your starting point to achieving this goal. This course is thoughtfully designed to help you stay ahead of the curve concerning the industry and develop skills that will enhance your career. The CPA Certification complements the topics we address in our blog, adding a dimension in which you are more familiar with the principles of international finance and accounting. Not only do you have an internationally recognised credential through a CPA certification, but you also have countless job opportunities in the financial industry. The knowledge and skills from this course can be beneficial, as they give you an advantage over your colleagues and allow for career advancement in the corporate world. Enrol today and start a rewarding career in finance.

CPA Salary in India: How to Triple Your Income in Under 2 Years

Posted on by Imarticus Learning
Reading Time: 7 minutes

CPA Salary in India: How to Triple Your Income in Under 2 Years

While manoeuvring the financial landscape can be arduous, the journey itself can be remarkably fulfilling, especially for those who possess a Certified Public Accountant (CPA) certification. The CPA salary range in India is an indication of the worth and prestige this internationally-renowned qualification adds to an individual’s career. But would you believe that you can achieve a triple increase of your CPA salary in India under two years – if you go about it the right way? Perhaps that bold prediction appears to be quite exaggerated – but given the right career journey, continual skills development, and networking, it’s a reasonable target.

In this blog post, we will outline how to not only maximise your CPA salary in India but also potentially make quantum leaps in your career journey. Therefore, whether you are an established CPA considering your next career move or an aspiring CPA wanting to understand the earning potential of a valued certification, you’re in the right place to understand more about ramping up your financial career growth. Let’s get started and improve our chance of tripling your CPA salary in India in under two years!

Analytics of CPA Salary Progression in India

Within the financial ecosystem of India, the journey for a Certified Public Accountant (CPA) is recognised more than ever for its significance. As the demand for CPAs in India continues to grow, the impact has been felt in their salary trajectories, and prospects are attractive to those looking into this career path. The average salary for a CPA in India is about INR 7 Lakh per year. A few years later, you can expect that salary to triple. This shows how quickly and how much you can make as a CPA in India. There are several reasons for this rapid growth at this stage in your career:

  • Level of Experience: As you gain experience as a CPA, you can earn a higher salary. After only a few years, you will see a significant rise in your salary.
  • Skills and Knowledge: Those who continue to learn new skills can demand a higher salary. Specific skill sets in key areas (financial analysis, regulatory compliance, tax advisory, etc.) allow a CPA to earn a premium over those of similar position and experience.
  • Geography: Your salary is also influenced by the city you work in. If you choose a metro city, you can expect to earn a higher salary based on the dense representation of multi-national companies and the greater cost of living.

As a rough guideline, here is a salary progression for a CPA in India:

# of Years of Experience Average Salary (Rs)
Less than 1 year 3 – 4 Lakh
1 – 3 years 4 – 7 Lakh
3 – 5 years 7 – 12 Lakh
More than 5 years 12 Lakh and more

Overall, CPA salary growth in India is strong and swift. In addition, given the intrinsic stability and respect that accompany this career, the CPA version is an attractive career option for qualified finance professionals in India.

The Explosive Growth of Certified Public Accountants

The increasing focus on financial services has escalated the demand for Certified Public Accountants (CPAs). The demand for CPAs has led to a significant increase in the Indian CPA salary. The earnings potential of a CPA is incredible and carries immense potential for those looking for a rewarding career in finance and accounting.

CPAs are not just accountants; they are strategic advisors and decision-makers. Their knowledge of business operations, tax regulations, and financial processes enhances their value to the job market and their earnings potential.

In the Indian context, you may consider a CPA’s potential earnings like this:

  • CPA – Entry Level: In their early career, the average CPA salary in India is between INR 7-9 lakhs per year.
  • CPA – Mid Level: A few years in the industry increases the salary in the region of INR 10-20 lakhs per year.
  • CPA – Senior Level: The highest-level positions can have salaries of more than INR 20 lakhs.

To increase your CPA earnings potential, consider the following:

  • Continuous Learning: Financial rules and technologies change rapidly. Stay ahead with constant learning.
  • Specialisation: Specialist CPAs in areas such as taxation and auditing will make higher salaries than generalists.
  • Build Relationships: Strong working relationships can lead to new opportunities.

In summary, the CPA earnings potential in India is excellent and provides a rewarding career path. With the proper knowledge and approach, a CPA can significantly boost their salary in less than two years.

Climbing the Accountancy Career Ladder

The journey towards an effective and lucrative accountancy career, primarily as a Certified Public Accountant (CPA), relies on effective career planning, dedication, enthusiasm and flair, or, altogether, a lot of luck. Although a CPA career progression map can be highly rewarding, it is worth noting that, with some research and an effective plan, you could potentially triple your salary in less than two years, particularly in a vibrant and emerging economy such as India.

  • Career Element 1: After gaining your CPA qualification, you will most likely start your entry-level job as an Audit Associate or a Tax Associate. At this stage in India, you can expect a CPA salary to range between INR 7-12 lakh per annum.
  • Career Element 2: After gaining sufficient work experience (anywhere from two to five years), you can expect to progress to a mid-level position such as a Senior Accountant or Financial Analyst. The approximate CPA salary in India for these roles can break into the range of INR 12-24 lakh per annum.
  • Career Element 3: With even more experience and expertise, you can aim for a senior managerial role such as Finance Manager, Controller, or even CFO. Here is where the CPA salary in India and your potential earnings could climb or exceed to the range of INR 24-60 lakh per annum.

To efficiently move up your career ladder as a CPA, it is crucial to continuously upskill, network, and actively seek challenging opportunities, and most importantly, leave room for luck. The CPA qualification is internationally recognised and gives a clear path to a successful career opportunity. With India’s rapid and continuous economic growth, the demand for CPAs to enhance their careers and salaries will surely be plentiful with the right skills, determination and a little bit of luck.

Identifying High-Earning Industries for Chartered Professional Accountants

To maximise your CPA salary in India, it is essential to know which industries tend to pay the most for your skills. Specific sectors are known to pay high wages, and if you can get into these industries, you will have more opportunities to increase your income in the future.

  • Financial Services: The financial services industry is one of the highest-paying industries for CPAs. Financial institutions such as banks, insurance companies, and investment businesses will regularly hire CPAs to perform complicated financial transactions, while ensuring compliance with taxing mandates. CPAs have a strong understanding of risk management, as well as a working knowledge of financial planning, which gives them significant leverage when negotiating compensation in the industry.
  • Information Technology: As modern society continues to evolve and rely on technology, the IT industry has emerged as a hot spot for CPA jobs in India. Tech firms seek financial professionals to manage their complex economic systems, which often comprise a diverse and variable mix of liabilities, equity, and ownership models. CPA job titles in technology-related companies may include, but are not limited to, financial planning and analysis, risk management, and/or corporate finance.
  • Manufacturing: The manufacturing industry is another industry where compensation is lucrative for CPAs. Positions may include active involvement in budgeting, cost management, and financial analysis. Given the fact that many multinational manufacturing companies have headquarters in India, the opportunities to capitalise on your CPA license will be abundant.

Overall, if you can focus on working in these industries, you may be able to maximise your CPA salary in India. Additionally, as you increase your skills and experience in a particular sector, your earning potential will likely increase, while also increasing your opportunities for career advancement. Keep in mind that the key to a higher CPA salary is to understand where your skills are valued and then direct your career path in that direction.

Practical Strategies to Dramatically Increase Your CPA Salary in India

As a Certified Public Accountant (CPA) in India, increasing your income is likely a key focus. Here, we explore a few strategies to help you maximise your income, potentially tripling it over the next 2 years.

First, continue your education. The finance industry undergoes rapid change, and you may be left behind if you do not keep up with current trends, tools, and regulations. By taking professional development courses, you increase your skills and marketability, which will also increase your expected CPA salary in India.

Second, try to pursue specialisation. You will have the ability as a CPA to concentrate in areas such as auditing, financial consulting, or taxation. As specialisation often equates to expertise, this can make you even more valuable through the specialisation process.

Here are some additional strategies:

  • Networking: Create a network of relationships that includes influential people in the finance industry. These relationships will provide you with connections that can help get you into higher-paying jobs.
  • Certification: Pursue new certifications that relate to your field. The more certifications you carry, the more potential your CPA salary in India can have.
  • Negotiation: Learn how to negotiate your salary. Negotiation is essential to helping you increase your income over the long term.

Finally, you may want to consider moving into private practice. Although it often requires a decent investment up front, the potential return can lead to a massive increase in your CPA income. Just remember, the road to tripling your income is a marathon, not a sprint. With patience, focus, and the proper techniques, you can achieve income goals!

Imarticus Learning’s Best CPA Certification course is perfect for professionals in finance as it is for students training to be Certified Public Accountants! It prepares you to write the challenging CPA exam, but it also gives you applied learning skills that are relevant to the changing landscape of the global finance space. The content of this course aligns with our blog topic, providing you with information and understanding of the power and influence of the CPA role in the current business climate. You will have an edge in this comprehensive course that may enhance your CPA salary in India, as well as expose you to new opportunities and niches in the finance industry across the globe. Theory and practice will provide a thorough understanding of the role of a CPA and make you a more marketable professional. If you are looking to reach new heights in your Professional career, this CPA Certification is your launch pad!

ACCA Career Journeys That Skip the Traditional Big 4 Route

Posted on by Imarticus Learning
Reading Time: 8 minutes

Starting an ACCA career is often seen as an adventure in the vast world of the Big 4 accounting firms; however, the career opportunities available are far broader than just these four firms, with many opportunities that remain unknown to us. This blog will explore the various career paths ACCA professionals can take, which may be outside of the standard Big Four perspective. We will review the often off-the-beaten-path track in the ACCA career universe, with roles in all manner of industries, from finance to education and everything in between! We intend to introduce you to the fantastic opportunities that a non-traditional career as an ACCA could present to you, and give you the intrigue to skip over the familiar highway to travel on your unique road towards your professional career path. With that in mind, whether you are an aspiring ACCA, a recent graduate, or a professional willing to make a change, we hope this blog will encourage thinking outside the box and present you with fresh ideas for a career with your ACCA. Sit back and enjoy the adventure as we take you on the ACCA career path tour.

Exploring the many roads of ACCA Career options (Outside the Big 4)

While many ACCA professionals aspire to work in one of the Big 4 accounting firms, there are numerous opportunities beyond these traditional paths. An ACCA (Association of Chartered Certified Accountants) career opens up all types of job roles in many markets, not just the Big 4.

  • Corporate: ACCA professionals are also popular across the corporate sector. From controllers to CFOs, ACCA qualifications are designed for people who want to pursue high-level financial management roles.
  • Public Sector: ACCA careers can also be in government entities and public sector organisations. These careers may involve supervision of financial management, auditing, and budgeting.
  • Not-for-Profit Organisations: Not-for-profit entities often seek ACCA professionals to oversee finances, allocate resources, and ensure financial transparency.
  • Educational Institutions: ACCA professionals can also find careers in education, either lecturing or developing financial and accounting curricula.
  • Consultancy: If you prefer a dynamic environment, career opportunities abound in consultancy. ACCA professionals can consult on financial management, risk management, and strategic planning for many businesses.

As you can see, ACCA careers are not limited to traditional pathways. The career opportunities within ACCA are vast, and ACCA professionals can determine their career paths. As long as you have the appropriate skills and mindset, there are many opportunities in various sectors for an ACCA professional.

Consider your Options: Diverse Opportunities with an ACCA Qualification

It is a common belief that you only get to work at one of the ‘Big 4’ accounting firms with an ACCA qualification. However, that is not true – an ACCA qualification enables you to find many alternative careers with many more benefits and drawbacks.

For example, ACCA qualified people can work in:

  1. Financial Consultancy: ACCA careers closely align with principles of finance to provide advice to businesses to help them maximise income and reduce expenses. The work involved as a consultant typically requires, in addition to financial expertise, a focus on economic strategy, risk, and financial forecasting.
  2. Teaching or Academia: If you love to teach, as an ACCA, you could have a great career in academia. You can continue working in your ACCA field, whether as a lecturer or researcher, or any combination of them, to assist the next generation of financial professionals.
  3. Non-Government organisations (NGO’s): NGO’s frequently employ ACCA professionals to maintain and manage their finances, ensuring funding is spent correctly and accounted for. This role involves vectors of financial strategy and direction, but is further weighted by social obligations.
  4. Own Business: Many ACCAs utilise their financial abilities and pursue their businesses. This path offers an alternative vocational opportunity to be your boss, carries significant responsibility and high expectations.

Remember, whilst ACCA is a stepping stone to employment within the ‘Big 4’, it is equally an opportunity to follow a variety of career paths. In closing, don’t limit yourselves, but explore some alternative ACCA career paths to see where your qualification may take you on your journey.

Entering the Startup Ecosystem as an ACCA

The startup ecosystem is an exciting and energised space that offers the required unique skill set that ACCA professionals have. Most ACCA roles in the startup environment embody the nature of diverse, challenging yet rewarding, nurturing the opportunity for a successful ACCA payout outside of the traditional Big 4 offering. ACCA practitioners can assume several key roles in startups as follows:

  • Financial Controller: An ACCA practitioner in this capacity will manage the whole of a startup’s financial activities, ensuring that all financial operations run smoothly and comply with regulations.
  • Business Advisor: ACCA practitioners can act as business advisors by using their broad-based financial and business skills to provide strategic advice and guidance to startups that can help them through financial complexities and business challenges.
  • Internal Auditor: An ACCA practitioner can act as the internal auditor, ensuring that a startup is complying with financial regulations and standards to mitigate risks.

The table below provides a summary of the key accountabilities and skills related to the ACCA roles we have discussed:

Role Accountabilities Skills
Financial Controller Managing financial operations, budgeting, and reporting Financial management, strategic planning, and leadership
Business Advisor Providing strategic business advice, financial planning Business acumen, problem-solving, and communication
Internal Auditor Ensuring compliance and risk management Attentiveness, risk assessment, and integrity

Pursuing an ACCA career in startups is about more than just crunching numbers. It is about being part of a team that builds something from the ground up, enjoying the thrills of entrepreneurship, and making an impact. It is about promoting an area of expertise to support the mission of the startup. Whether you are an ACCA graduate or an experienced practitioner, the startup world offers incredible opportunities and rewards for your career pathway!

Exploring the Road Less Travelled in Small and Medium-Sized Enterprises

Starting an ACCA career is by no means a straight path to the Big 4. SMEs have a lot to offer ACCA professionals.

In SMEs, employees are exposed to a broader range of responsibilities earlier than they would have been in a larger company. This is because smaller teams often require you to wear multiple hats! As an ACCA professional working for an SME, you will have:

  1. A wider range of tasks, skill-building and learning experiences outside of your area of expertise or practice.
  2. A much greater opportunity to contribute to the organisation because of the smaller teams in SMEs.
  3. Faster job progression – SMEs tend to work at a faster pace than larger entities.

Finally, given the flatter hierarchical structures at many SMEs, working relationships between employees and senior management tend to be closer. This can play an essential role in your future career, too, providing insights that may not be present at larger organisations!

There are also some disciplinary challenges with an ACCA career in another SME, including limited resources, unstructured or limited training programs, and heavier workloads. However, the potential opportunities for development, growth, and ability to have an impact is favourable to me as an ACCA professional.

Bottom line? If you are newly qualified or an ACCA member contemplating a career change, SMEs are an exciting alternative to consider. The road to success is not always the most walked-upon road.

Diversifying your ACCA career: Look beyond the Big 4

While you’ll often find an ACCA career will often land in the big four, you should take the opportunity to consider the range of jobs available to you; these fields include finance and banking, healthcare, and retail, to name a few. Your ACCA qualification allows access to a range of industry sectors.

  • Finance and Banking: With solid training and a strong background in financial management, ACCA is a highly regarded professional in the finance and banking industry. ACCA professionals are involved in a range of activities, including risk awareness, planning for capital purchases, and investment banking.
  • Healthcare: The healthcare industry similarly has full-time and employed ACCA professionals, as the financial management activities emphasise understanding financial consequences when it comes to budgeting, financial reporting, and the ability to develop long-term strategies.
  • Retail and FMCG: As an ACCA professional in this space, you are ideally suited for taking advantage of opportunities for accumulating, interpreting and understanding roles involving supply chain cost data, and the development of pricing and revenue growth plans.
  • Technology: The tech industry is characterised by risk-taking and disruptiveness, driving positive change in a fast-moving world. ACCA professionals can find roles in technology companies using skills in financial modelling, business analysis, and advisory strategies.
  • Government and non-profit: Many ACCA professionals contribute to the public sector or charitable organisations by providing a mark of integrity and credibility, as well as developing business processes and policies, such as producing budget forecasts for government departments and all forms of public funds.

The above list reveals that there is a range of sectors with different ACCA opportunities, allowing you to develop your career path according to your interest, focus or desired outcome. Always remember, your career as an ACCA professional is not limited to the Big Four; however, as a qualified professional with skills and knowledge, you will have a meaningful career in any sector. Enjoy the flexibility that your ACCA qualification provides, and embrace the opportunities that await you. Who knows, your new ACCA career journey could be just around the corner.

Check out the new opportunities available in finance and accounting as part of our ACCA Certification course at Imarticus Learning. The ACCA Certification course builds the knowledge and skills necessary for a successful ACCA career. It aligns well with the purpose of this blog on professional development in the finance industry, and we love providing our readers with the experience. This course covers a wide range of material while building a solid foundation in financial management, taxation, auditing, and much more. ACCA Certification grants candidates global possibilities as it is recognised in over 180 countries. Thus, whether you are an aspiring accountant or an accountant wanting to level up in your career, the ACCA Certification can serve as a significant career milestone. So make the smart move towards a fruitful ACCA career, and create new professional opportunities with us at Imarticus Learning.

Frequently Asked Questions

What is an ACCA Career?

An ACCA career is defined as a professional journey pursued by individuals who have received the ACCA (Association of Chartered Certified Accountants) qualification. This qualification is globally recognised and opens new doors to opportunities in many roles related to finance or accounting at many organisations worldwide. Not only that, but it does not limit you to just the traditional path at the Big 4 accounting firms, and there’s also a wide array of alternative pathways.

Can I skip the traditional Big 4 pathway in my ACCA Career?

While many qualified ACCA professionals tend to start at the Big 4 accounting firms, that is not the only route available to you. You may want to consider whether opportunities in banking, insurance, public sector, corporate finance or even charity work, are more appealing options. You may also wish to look at academic or consulting roles. Just keep in mind that your ACCA qualification provides useful transferable skills for a wide array of jobs to go beyond the Big 4.

What are the possible advantages of taking an alternative route in my ACCA Career?

There are many advantages to taking an alternative route in your ACCA Career. The alternative pathway allows you to not only avoid the pressure cooker environments often associated with the Big 4 firms, but also achieve a better work-life balance. This alternative route also allows for a different set of experiences and skills, which could potentially benefit you when considering future career progression. It may also afford you opportunities for work within areas that are in better alignment with your interests or long-term career objectives.

What is the job outlook for those who choose an alternative ACCA Career?

The job outlook for those who choose an alternative ACCA Career is strong, and, considering the demand for ACCA qualified professionals spans numerous sectors outside of just the Big 4. In other words, the diversity of skills and knowledge obtained through an ACCA qualification prepares people to transition between different roles or different sectors, and having the ability to pivot between different options gives a good indication of job security and long-term career prospects.

If I skip the Big Four route initially, can I work there later in my ACCA Career?

Yes, you can! Ultimately, pursuing an alternative pathway first does not prevent you from working with one of the Big 4 firms at a later stage in your ACCA Career. The experience you will gain working in an alternative role may afford you a much more diverse experience that will make you a more appealing candidate when you decide to move. Your wider breadth of knowledge and diversity will put you in a position to distinguish yourself.

2025–2030: Data-Driven Investment Banking Roles to Surge 70% – How to Leverage

Posted on by Imarticus Learning
Reading Time: 8 minutes

 

With the digital disruption of the competitive landscape of finance, investment banking roles are poised to experience significant growth. Projected data indicates that there will be a considerable increase in investment banking roles from 2025 to 2030, estimated to be about 70%. The increase of these roles is not by accident. The industry is rapidly transforming because of data. This is not just some economic news, as you all know, it is an industry move, and the time for commitment is now. The finance industry sees this fantastic opportunity and is mobilising towards a data-driven process. This is why we are in the moment to look at the upcoming opportunities. The difference between you and successful candidates is one word – opportunity – having the ability to create opportunities by using the proper skill set at the right point in time.

This blog offers an alternative perspective on the evolving investment banking landscape and guides how to position yourself in this exciting opportunity meaningfully. With the right tools and knowledge, you should not only be ready for the changes but also be in the lead with a key role in shaping the future of investment banking.

The Growing Importance of Analytical Skills in the Financial Services Industry

The evolution of investment banking analytical skill sets is already evolving. It is important to note that the increase in emphasis on data skills in banking is mainly driving this rapid evolution. That is, with an observed increase by 70% of data-driven roles, it seems even more critical for banking professionals to pursue an understanding of the importance of industry data research and analysis and how data adds value to banking.

The ability to engage and deploy data skills in communicating and understanding data analysis will therefore be critical. The above range of skills has wide-ranging implications in the following areas:

  • Risk Management: Entry-level professionals with solid data skills will have the knowledge to identify, evaluate, and control exposure to financial risks, making better decisions.
  • Customer Insight: Data analytics can provide insights into customer behaviour, allowing banks to develop an offering of products/services needed by a specific type of customer.
  • Fraud Identification: Data analytics can identify aberrations in behaviour patterns and find evidence of potentially fraudulent activity for analysis.

It is important to note that the ability to take large amounts of data and turn it into usable strategy is highly sought after in the investment banking profession. One way to add value to data is through data visualisation. It produces a straightforward, concise, and compelling narrative of what the data is saying and aids decision-makers in choosing a path to follow.

In summary, it is essential to note that data is playing an increasingly relevant role in investment banking. The ability to harness insights from risk awareness and customer behaviour is no longer optional; the ability to sort through the data is becoming a prerequisite for success. The need to adapt to data is a requirement for anyone in the investment banking profession who wants to remain relevant.

The Data-Driven Role in Investment Banking is on the Rise and Unstoppable

The banking and investment sectors are experiencing an impending transformational change. The demand for data-driven decision-making has increased exponentially, especially in investment banking. Between 2020 and 2030, data-driven roles are expected to surge by 70 per cent, making banking operations and their future increasingly dominated by data. Multiple factors are contributing to this shift:

  • New Technologies: The ongoing development of technology, such as Artificial Intelligence (AI) and Machine Learning (ML), has created a legitimate need for roles based around data analysis and data interpretation.
  • Risk Management: Investment banking entails significant financial risk, and, as a result, the ability to sift through large amounts of data for risk analysis will only become more central in the sector.
  • Operational Performance: By making decisions based on data, banks can operate more efficiently, provide better customer service, and improve their overall profitability.

In light of these developments, the specific job tasks associated with investment banking jobs are poised to increase considerably. To cite specific examples: data scientists, data developers, and data analysts are all going to be in significant demand given their expertise on the analysis and interpretation of data and their ability to extract patterns from large data sets. The same could be said for those positions that are related to the development of AI and ML. The positions that will have the highest expected growth in demand will likely be AI specialists and ML engineers.

Investment banking operations in the future, therefore, will become more data-driven. As the industry sees more positions targeted towards the analysis of data, we expect firms to scout for and hire people who have an understanding of data analytics roles to enhance their placement opportunities and ultimately create a new workforce/development model to respond to the emergent data demand trend, which includes the emerging adoption of AI and ML.

Expected Increase in Data-Based Roles in Investment Banking

The finance industry has always thrived in an ever-changing environment, and one of these sectors that will see 100% growth and position availability is investment banking. The anticipated job growth from 2025-2030 for data-based positions in investment banking is expected to grow by 70%. This increase is primarily derived from the rising prominence of big data, machine learning, and AI in decision-making.

There are three main reasons for this increase:

  1. A need for analytics: Investment banking roles are increasingly requiring skills in advanced analytics, as the vast amount of available data necessitates evidence-based decision-making.
  2. Regulatory and oversight role: The finance sector will always be heavily scrutinised and regulated. Regulators want the bank to provide data-backed explanations/reasons for their actions.
  3. Technology: A host of new and emerging AI and machine learning technologies have introduced innovative ways to provide investment banking services, including detailed and accurate financial predictions.

The job market is already responding to these changes. From surveys;

  • 30% of all jobs in investment banking were data jobs in 2025
  • 70% will be in 2030

So, the direction of travel in terms of investment banking roles is clear: there is a concerted movement towards data jobs. This is not speculation; it is already here. If you are thinking about getting into investment banking or moving up within it, then it would certainly be prudent to improve your data analytics skills to be a valuable employee.

The Growing Role of Data Analysis in the Finance Sector

Moving into a data-driven future, there is much to consider about how data analytics will influence the finance sector, including investment banking roles. Investment banks are always looking for new ways to leverage data analytics to make better decisions, predict market changes, and ultimately enhance performance.

Using data analytics in finance has numerous benefits:

  • Risk Management: Investment banks can use predictive analytics to identify risks, their impact and proactively mitigate them.
  • Understanding Customer Behaviour: By leveraging data analytics, investment banks can gain insights into customer behaviour and develop more effective strategies to meet customer needs through tailored products and services.
  • Fraud detection: With an increasingly complex set of algorithms in place, data analytics will identify irregular patterns with the potential for fraudulent activity.
  • Enhanced Decision Making: Data analytics provides actionable information to inform better decisions, ultimately driving revenue growth and potentially increasing profit.

The future of the investment banking roles is shaping up to be data-driven – below is a table indicating this growth from 2025 to 2030 in investment banking:

Year Year Predicted Increase of Data-Driven Jobs
2025 50%
2030 70%

Data analytics in finance is both a more intuitive business practice and the next significant disruption in investment banking. Data analytics will transform the fast-thinking, ambitious role of the investment banker, helping to redefine new roles, streamline processes, and change the trajectory of the financial industry over the next two decades. Performing well in data analytics is a high-value, scalable skill in investment banking.

Unlocking Your Potential in the Growing Field of Investment Banking

With the demand for investment banking roles predicted to increase by 70% by 2025 – 2030, it is vital to equip yourself with the fundamental skills and knowledge to succeed in this new field. Focusing on banking career readiness is a great way to open new doors in financial services.

Three areas to consider for banking career readiness include:

  1. Digital Skills: The banking sector is moving towards digitalisation, so knowing how digital technologies work (i.e. blockchain, AI) is very important.
  2. Analytical Skills: Investment banking jobs require a high skill level in interpreting data. Developing a skill set to analyse data effectively will be necessary.
  3. Regulatory Aspects of Digital Financial Management: The rules of the road in the banking sector are changing daily, so knowing and understanding them is critical. Knowledge of local and global financial regulations will help you stand out as a candidate.

To prepare you for banking career readiness, you may want to consider additional training and/or related certifications. This will help you stand out as a candidate.

It is also equally important to stress that there will still be a need for soft skills (e.g. communication, leadership, problem-solving) in a data-driven industry. Capitalising on the development of both their technical skills and soft skills will help you increase your potential in today’s competitive landscape in investment banking. By concentrating primarily on these areas, you will be ensuring you are ready for the explosion of investment banking roles, and you will be prepared for a successful career in the finance sector.

Investment banking roles are proliferating across the financial sector. To get an edge, you must upskill and ensure you stay current with the latest developments in the industry. Imarticus Learning’s investment banking course is fully optimised for the opportunity we see emerging in the market. While we are consistent with the topics covered in this blog post, the program is designed to provide you with a comprehensive overview of the operations and functions of investment banking. The investment banking course will provide a practical experience within the industry, showcasing the best skills for operating in this ever-evolving, booming sector.

Explore new career pathways in investment banking by learning from industry experts while gaining an in-depth understanding of the sector. The course will not only provide you with the requisite theoretical input, in addition to sector exposure, but will leave you job-ready as well. The Imarticus Learning investment banking course will be your ticket to an exciting career in investment banking.

Frequently Asked Questions

What are data-backed investment banking roles?

Data-driven investment banking roles are defined as positions in the investment banking sector that depend on the analysis of large sets of data and regular data interpretation to help determine investment decisions. These roles usually require the use of sophisticated statistical tools and approaches to interpret trends, predict market actions, and advise investments. They are becoming more crucial as the global banking industry inevitably moves closer to an entirely paperless, digital, and data-driven world.

Why are data-driven investment banking roles expected to increase by 70% between 2025 and 2030?

There are a few reasons projected for the increase in data-driven roles in investment banking. First, there is the ongoing digital disruption of the banking industry that is producing more data than we can even begin to think about analysing or interpreting. Second, advancements in data analysis technologies (like artificial intelligence and machine learning) will further enable those roles to leverage, analyse, and interpret the data in ways we couldn’t even consider before. Last, there is an increased awareness of the value that data analysis brings to decision-making in the banking industry. As such there is an increased need for professionals equipped with data analysis skills.

What skills are necessary to leverage data-driven investment banking roles?

Individuals looking to leverage data-driven roles in investment banking generally need to have a strong knowledge of finance, as well as an advanced skill set in data analysis. This includes advanced statistical analysis of data, data mining, predictive modelling, and machine learning algorithms. Having experience with regulations and ethical considerations around data privacy is also an essential skill that entrepreneurs and analysts will need to consider. Soft skills—including problem solving, decision-making, critical thinking and communication—are also an important factor, as these roles typically include presentations on complex data insights into a more easily understood format.

How can someone prepare for the surge of data-driven investment banking roles?

Ideally, preparation for data-driven investment banking roles should include both education and practical experience. A formal education in finance, statistics, computer science or an allied field will provide the formal educational context. Practical knowledge and skills can be developed through internships, projects, or previous jobs that allow for data analysis. Lastly, being up to date on current industry trends and technologies will be critical.

What is the outlook for data-driven investment banking roles?

The outlook for data-driven investment banking roles is very promising, considering the expectation for growth in demand. This suggests that these roles will become increasingly critical as more banking institutions recognise the value of data evaluation in their decision-making processes. As new technologies emerge and existing technologies and methodologies evolve, we can expect data-driven investment banking to also grow in demand.

78% of Post-Trade Banking Jobs to Evolve by 2030 – Key Skills & Opportunities

Posted on by Imarticus Learning
Reading Time: 7 minutes

The future of investment banking is set for massive disruption. According to a recent report, 78% of roles in post-trade banking are projected to change by 2030, which is a significant shift. How ready will we be?

This evolution will not only relate to the arrival of new technologies but will also encompass what the skills, roles, and opportunities look like in a period of significant discontinuity. As we begin to see the end of a paradigm, it is helpful for people to know what skills will be required and what opportunities are likely to arise.

The objective of this blog is to provide a roadmap for professionals, both aspiring and experienced, to navigate the evolving investment banking landscape. By understanding these changes, we can prepare ourselves to move forward, and although there might be challenges ahead, there will also be opportunities to embrace in these potentially disruptive times.

The Future of Post-Trade Jobs

In fast-moving financial markets,  job evolution is a given that will happen. As investment banking continues to develop with cutting-edge technologies, it is predicted that by 2030, 78% of post-trade banking jobs will change.

The expected changes will occur in the following:

  1. Artificial Intelligence: As AI becomes more front and centre, post-trade professionals may become more involved in managing, understanding, and analysing data generated by AI.
  2. Regulation: There will be more emphasis on understanding and working with the global finance regulatory framework, requiring advanced knowledge.
  3. Risk: As the market becomes increasingly complex and the effects of the global risk environment become more pronounced, skills associated with risk management will become even more crucial going forward.

Expect many new opportunities within investment banking for those willing to invest in the future of post-trade roles and continue to develop their skills in new areas.

In summary, the post-trade job evolution is laid out below as it will progress to 2030:

Current Role Evolution by 2030
Data analysis AI Management
Transaction processing Regulatory Compliance
Risk assessment Advanced Risk Management

These changes are a reflection of the challenges being faced in the finance industry and the need for ongoing learning and skill enhancement. The future of investment banking is a promising time for those finding themselves working in post-trade jobs, with new roles, new technologies, and new opportunities ahead.

New Skill Sets for the Future of Investment Banking

The financial world is changing rapidly, and the future of investment banking will not be different. With 2030 approaching, it is essential to identify the changing skill sets. Listed below are several key investment banking skill trends that may shape the industry:

  1. Digital Literacy: If investment banking continues to provide services through new digital platforms accurately, digital literacy may become imperative for all investment bankers. Familiarity with financial technology solutions, blockchain technology, and data analytics is likely to be a standard requirement across all levels of employment.
  2. Sustainability Knowledge: The conversation of sustainability is growing on a global scale. Investment bankers will need to understand sustainable finance and the importance of ESG (Environmental, Social, Governance) factors on an investment strategy: What is it? And how does it impact investment strategy?
  3. Regulatory Compliance: As laws and regulations continue to evolve, it is crucial to stay informed about the latest compliance requirements to effectively implement legal investment practices and maintain trust with clients and stakeholders.
  4. Soft Skills: In the context of investment banking, it is unrealistic to expect soft skills to be less important than technical skills; the practice of soft skills is a driver of building relationships and growing a book of business.
  5. Adaptability: The banking sector is fast-paced even for seasoned professionals. Therefore, the ability to adapt to new situations quickly and utilise new information positively may be an adaptive skill in the future, through the contemplative nature of investment banking.

These skills, paired with a solid understanding of investment banking, will help professionals navigate the evolving landscape of the industry. As investment banking continues its evolution, skills identified will evolve.

The Evolution of Investment Banking: A Look to the Future

Today, banking operations are undergoing a transformation that is unprecedented due to technology advancements and evolving customer needs. This evolution provides both challenges and opportunities in investment banking.

The three main drivers of this evolution are:

  1. Technology: Automation and AI are enhancing processes, improving risk management, and increasing efficiencies.
  2. Regulation: The future of investment banking will be fluid, based on regulatory changes and operational responses.
  3. Customer demands: Customers want digital banking with personalised service and seamless user interfaces.

According to industry estimates, approximately 78% of post-trade banking jobs will evolve by 2030, marking a significant paradigm shift in the future of banking operations. The entire shift will continue to create a new set of roles and skill sets:

  • Data Analysts: As data becomes more important to everyone, data analysts will be required in investment banking.
  • Risk Managers: Risk management will be elevated due to regulatory changes and increasingly complicated financial products.
  • Tech Specialists: Investment banks will require specialists with knowledge of AI, machine learning, and blockchain.

Overall, it is anticipated that this transformational period will have implications for the future of investment banking. Changes and technology can be uncomfortable, but investment banks have a responsibility to prepare for a more profitable and sustainable future. Preemptively considering the changes is essential to remain competitive in investment banking.

Recruitment in Investment Banking is Changing

The future of investment banking will be changing drastically in the next decade due to a variety of factors, including technology, regulatory requirements and client expectations, which are all influencing investment bank hiring trends, including:

  • Increased interest in data scientists and technologists: The rise in FinTech, coupled with growing AI adoption, is creating a hiring marketplace that favours technologists over finance candidates.
  • Increased demand for regulatory-focused positions: As banking regulations emerge on a global scale, and become more complicated, there are now regulatory specialists focused on institutions’ own unique rules that need to be hired to navigate the intricacies of those regulations.
  • The emergence of soft skills: including problem-solving, adaptability, and communication, is taking precedence over “hard” skills as technology evolves, replacing various aspects of a financial professional’s work.

In response to these shifts, investment banking institutions are changing their hiring strategies: they are hiring from layman backgrounds, specifically STEM, in addition to advancing their training programs for current employees seeking to update their skill sets to improve their future practice.

To be competitive in the future of investment banking, candidates must make an effort to upgrade their skills and effectively navigate a changing environment. Changes in recruitment trends do reflect a shift in not only job opportunities in the investment banking industry, but also ultimately, pathways for career development. These changes signify exciting new opportunities for candidates willing to embrace them.

To summarise, investment banking of the future will reflect the melding of finance, technology, and regulation, mixed with some soft skills!

Advantages of a Career in Banking

A career in banking can offer many benefits, both financially and in personal and professional development.

The first characteristic value: Stability and job security.
The future of investment banking may change, but the industry provides a good prospect for a lifelong career. Predictions suggest that by 2030, 78% of post-trade banking jobs will have changed drastically, which can mean new opportunities or skill set requirements.

Key Advantages:

  1. Career Advancement– Banking careers have a clear career path with structures for advancement and promotion.
  2. Upskilling– it will demand a new skill set in the future of investment banking. The learning will be enjoyable and reward your long-term professional value.
  3. Diversity– Banks operate in a global world, providing exposure to diverse cultures, people, and business practices.
  4. Competitive Salaries– Banking jobs generally attract good salary packages and additional benefits.

Banking careers are more than doing money transactions. Many skills will be developed and learnt in a career in banking, including problem-solving, communication, leadership, and many others. These skills will all be needed in the future of investment banking.

The future of investment banking will be more digital, more inclusive, and more customer-focused. The change will create exciting opportunities for those who can learn and adapt, and enjoy being part of a continually changing environment. If you are considering a career in banking, you have a lot to look forward to. Imarticus Learning offers you the opportunity to build your career in finance with the best investment banking course. This investment banking course has been thoughtfully constructed to provide you with knowledge, practical skills, and the future of investment banking.

In this course, you will explore investment banking operations, learn about trends in the investment banking sector, and understand the future of investment banking. Furthermore, it touches upon the topics discussed in this blog, which will strengthen your understanding of investment banking and enable you to apply that knowledge in real life. Choosing this course will assure that you are investing in a better future and that you’ll have the skill set necessary to function and thrive in the investment banking environment.

FAQs

What do we mean by the future of investment banking in terms of post-trade banking jobs?

The future of investment banking is changing quickly. We will distribute research in different modes over time. To what extent are jobs in post-trade banking to change by 2030; it is estimated that 78% are likely to change significantly. Post-trade banking encompasses all processes that occur after a trade is completed, including clearing, settlement, and reporting. Post-trade banking jobs will be transformed drastically in the coming years through technological advancements, such as artificial intelligence (AI), blockchain technology, and automation. This will open up new opportunities and calls for new skills in the industry.

What key skills will be needed in the future of investment banking?

As the future of investment banking changes, so will the key skills needed to work in these roles. Professionals will be required to have great flair in the ability to utilise technological advances, data analytics, and clearly understand regulatory requirements and risk management. Besides, soft skills such as adaptability, problem solving and clear communication will be vital as the financial landscape continues to change and young professionals find their place in this transition.

What will be the opportunities for the future of investment banking by 2030?

The transformation of post-trade banking jobs will present many opportunities by 2030. As these roles will be driven by technology into the future, the sector will need more technologists, data analysts and emerging technology specialists supporting and working in investment banking. As a consequence of this transformation, talented professionals will be offered opportunities to upskill and adapt to a new job or existing role.

How can someone prepare for the future of investment banking?

Professionals should prepare for the future of investment banking by ensuring that they develop both technical and soft skills in equal measures. Understanding the most recent technologies, such as blockchain and AI, and having experience in using them will be important. Equally as important, no skill will matter without good, effective communication, problem-solving, and general adaptability, which will again be worthwhile. Keeping up with trends and staying vigilant about change will help prepare for the industry’s future shifts.

How will the evolution of jobs in post-trade banking impact the overall industry of investment banking?

The evolution of jobs in post-trade banking will likely have a major effect on the overall industry of investment banking as has been the case throughout the evolution of the sector. As jobs in post-trade banking become more technology-related, investment banks will adapt to change and adjust their strategies and processes to leverage and utilise the technology. This could lead to a more efficient, streamlined industry, promoting the pride and risk associated with data analysis and better use of technology in a fast-paced environment. Additionally, we will create a highly competitive market for young, inexperienced jobs.

89% of Investment Banking Roles Will Need Data & Tech Skills by 2030 – How to Prepare

Posted on by Imarticus Learning
Reading Time: 8 minutes

 

As the finance industry has continued to evolve at a rapid pace, so has the investment banking career path; financial services, particularly investment banking, are quickly adapting to the changing influence of both data and technology. One report suggested that by 2030, nearly 89% of roles in investment banking will require some level of proficiency with technology and data. The implications of this are considerable—this fact arguably indicates a complete rethinking of banking, as the role of data analytics and ‘technology savvy-ness’ will be critical to the future world of investment banking. With the inevitable rise of investment banking data and technology, the question then becomes how do current and future investment banking professionals prepare themselves to start acquiring the necessary skills to remain relevant? This blog post will touch on these points and other useful information to prepare for the changing and evolving investment banking world. For both new job seekers and experienced professionals, now it is time to accept the inevitable intersection of both investment banking, data and technology. So, let’s discuss the future and how to prepare for it.

Future of Career Landscape in investment banking

As technology and its adoption continue to be refined, the finance industry has not been left untouched. More specifically, we are certainly seeing a shift in job trends within investment banking careers. From a recent predictive report about data roles in the finance industry, it predicted that by 2030, roughly 89% of roles in investment banking will require technical and data skills.

The factors that influence this are multiple:

  • Increasing reliance on data analytics: Investment banks now have to use data analytics regarding investments, thus banks have significantly more reliance on data in their decision-making process, which leads to a need for professionals who have usable knowledge of data and how to analyse it.
  • Technological skills are becoming critical with the rise of fintech: Fintech has radically altered the traditional banking roles, making technical skills crucial in investment banking.
  • Streamlining operations has led to greater automation of rote tasks: The push for greater efficiencies has led to new automated ways of completing many processes which require employees to have technical skills to operate and troubleshoot.

To remain competitive, individuals interested in an investment banking role have to be the first to adapt. Focusing on developing and honing your data and technology skills will be key to maintaining a successful career. You must prepare whether you have been in the sector for five years or are just beginning your career.

Investment banking is a fast-changing career, and being able to predict and adapt to these roles can be the differentiator in achieving success in the industry. Without changing, those who stand still will be left behind as the sector evolves. Staying informed on the latest trends and growing your skills are key to a successful investment banking career in the future.

An Evolution in Investment Banking Careers

The finance sector, and particularly investment banking, is about to see a significant transformation; financial services firms are now looking to new technologies to establish a new norm, which recognises data proficiency as a critical skill set. This shift not only impacts investment banking careers, but it will establish a new threshold for the profession. Analysts expect that by 2030, an astonishing 89% of positions in investment banking will require data and tech skills. Let’s now take a look at this more closely:

  • A solid understanding of data analysis tools and techniques helps identify market trends, making informed decisions, and achieving profitability.
  • An understanding of programming languages: Languages such as Python, R, and SQL are increasingly becoming the universal language of the finance industry. In working with data for manipulation and statistical analysis, programming languages help streamline outputs.
  • Knowledge of Artificial Intelligence (AI) and Machine Learning (ML): These capabilities are transforming financial decision-making and are critical tools in the investment banking toolbox.
  • An understanding of Big Data platforms: Platforms such as Hadoop and Spark are used in big data situations, which happen daily in the data-oriented finance sector.

In this evolving world, it is essential to understand that these data/tech skills are not just an extra, but rather, a requirement for those pursuing an investment banking career. Data/tech skills are necessary to keep competitive, relevant, and at the edge of the industry. If you plan to pursue investment banking, you must equip yourself with these skills to establish an effective and sustainable career.

The Transformation of Investment Banking: A Look Ahead

The world of investment banking is about to undergo a significant transformation over the next ten years. Given the rapid evolution of technology and digital advancements, the traditional career in investment banking is set to change considerably.

First, we can see the growing importance of data analytics and artificial intelligence. Future investment bankers will be as adept at using data analysis and data visualisation tools as they are at reading balance sheets. It is expected that by 2030, 89% of jobs in the investment banking industry will require a level of data and technology acumen, with the industry shifting to accommodate new skillset requirements.

  • Data Analytics: The ability to analyse vast amounts of data and present findings in an actionable manner will be invaluable.
  • Artificial Intelligence: Familiarity with application tools that aid in predictive analyses and risk assessments will be required.
  • Cybersecurity: With the growing trend toward digital transactions, the fundamentals of cybersecurity will become increasingly important.

Secondly, we have the rise of FinTech firms, which continue to innovate and disrupt traditional investment banking. These companies are leveraging technology and introducing innovative solutions to deliver customer-centric products and services faster, more transparently, and at lower costs.

To prepare for these challenges, individuals contemplating an investment banking career will need to commit to learning and developing their skills in data and technology. This may involve enrolling in courses, attending industry seminars and gaining experience.

Also, the investment banking industry will have to change the way it recruits talent. Firms are likely to start hiring individuals with an understanding of technology, data analytics and quantitative skills, along with the traditional skillset of investment banking.

The future of investment banking is going to be an exciting one. It will combine traditional financial skills, data-driven financial insights, and cutting-edge technology skills. Embracing those changes and adapting accordingly will be the key to a prosperous future in investment banking.

Adapting to the Technology Changes in Investment Bank Careers

Like many areas of society, technology is evolving the way investment banking operations jobs function. Data and artificial intelligence (AI) are changing the way banking traditionally operates, and therefore, technological competence is now a critical skill in the investment banking career landscape.

  • Temple for Tech: In traditional investment banking operations jobs, there was not necessarily a strong emphasis on technology. As investment strategy has evolved, it now requires skilled workers who can use software programs, AI, and data analytics. By 2030, a survey found that nearly 89% of jobs in this sector will require these types of skills.
  • Data Analysis Skills: In this age of investment banking careers, professionals with a strong understanding of data analysis are considered desirable. Investment bankers can now make well-informed decisions, analyse trends, and predict potential investment opportunities using big data tools.
  • Tech Reports: As the banking industry grows increasingly digital, workers skilled in the use of banking software and also an understanding on blockchain principles and fintech innovations will become highly sought after.
  • Upskill for Future Roles: If you are considering a career in investment banking operations or want to secure your career future, it’s crucial to develop competence in data analytics and other emerging technologies. Many online courses and certifications exist and will prepare workers for the future.

Regardless of the investment banking sector you want to pursue, adapting to change is paramount. The future is digital, and those who can optimise technology and gain an upper hand through it will lead in the investment banking world.

A Look at the Pros of Pursuing a Potential Career in Investment Banking

A career in investment banking offers numerous advantages that are vast and worth pursuing. The rewards include a variety of factors, ranging from financial benefits to opportunities for personal development, thus investing banking a highly desirable career path for many driven and ambitious individuals.

Financial Benefits:

Investment banking positions are very lucrative, and one of the main advantages of a career in investment banking is the financial compensation. Not only do investment bankers earn a lucrative salary, but they also receive generous year-end bonuses, which offer a huge incentive and reward for a career in investment banking.

  • Competitive Base salary
  • Significant bonuses for performance

Professional Development:

A career in investment banking has numerous professional development opportunities. The intense learning curve in a career of investment banking provides professionals the ability to learn a considerable amount of information about finance, investment, and market knowledge in a short amount of time.

  • Quick, intense skill development and learning
  • Exposure to industry-leading investment strategies

Networking:

A career in investment banking offers a unique opportunity to network with professionals. Investment banking professionals often work with high-profile clients and industry leaders, creating numerous opportunities to build meaningful relationships that will further their careers for many years to come.

  • Work with industry leaders.
  • Create valuable networks

Personal Development:

A career in investment banking involves professionals in various high-stakes situations, making important decisions quickly, and developing resilience along with a strong work ethic based on demanding conditions.

  • Development of problem-solving abilities
  • Development of resiliency

Overall, a career in investment banking provides you with many valuable advantages. The combination of monetary rewards, professional and personal improvement and extensive networking opportunities makes it excellent for the individual who wants to make their mark in the financial industry.

Imarticus Learning offers a carefully planned investment banking course to help you establish yourself in the fast-paced world of finance. This extensive course provides an excellent path for those interested in starting their investment banking career because it allows for a solid foundation. The course curriculum adheres to global standards and covers everything about investment banking operations, providing best-practice insights into working in investment banking.

The course has been designed to align with our blog, allowing readers to reflect on the blog’s content sections and apply their primary skills. The investment banking course can prepare you against the odds to help you differentiate yourself from the many job seekers. You will develop key skills from industry practitioners, receive globally recognised certifications, and be provided with the opportunity to enter the respected field of investment banking. If you are looking to develop your career, this is the course for you.

Frequently Asked Questions

What are the essential skills to develop to be prepared for an investment banking profession in the future?

Based on new trends, it is anticipated that by 2030, 89% of investment banking sector roles will require good knowledge of data and technology. This indicates that to be a successful investment banker, you will need broad data analysis, coding, artificial intelligence, and blockchain skills. Knowledge of software such as Python, R, and SQL, as well as the ability to parse and interpret complex datasets, will be very useful.

Why are data and technology skills becoming more important in investment banking?

There is a clear transition occurring in the investment banking sphere, as it embraces the rapid developments in technology and the increasing value of data. As technology develops, banks are using data analytics to assess large amounts of information to make informed decisions, reduce risk, and maintain day-to-day efficiencies. Technologies such as artificial intelligence and blockchain are already impacting the finances of many corporations and will continue to do so. As a result, data and tech skills will become a requirement for a career in investment banking.

What is the best way to acquire data and technology skills for an investment banking career?

There a few avenues to obtain necessary skillsets, for a career in investment banking. In universities and colleges, there are several courses that recognise this evolution and are focused on data science and technology. There are also online platforms that offer a plethora of courses covering a wide range of value-adding data and tech skills. Finally, perhaps the most traditional method is to gain experience and hone skills through internships or part-time roles.

How will data and technology skills change the role of an investment banker by 2030?

The role of an investment banker is predicted to change significantly by the year 2030, as 89% of roles require data and technology skills. Hence, investment bankers will have to possess advanced data analysis and technology strategy skills. For example, it could be commonplace for an investment banker to develop algorithms to inform trading, develop financial models via data platforms, or introduce novel blockchain solutions.

How can an investment banker stay relevant with evolving data and technology skills?

It is vital to remain relevant for a successful investment banking career, as it relates to data and technology skills. Attending conferences and industry-associated workshops, as well as online courses regularly, are good ways to remain abreast. Additionally, participating in professional networks and leveraging social media to stay updated on the latest technology and data skills trends is vital.

Does the shift to data and technology skills mean traditional banking skills will be less relevant?

Rather than simply being an ‘evolution’ of project-based, traditional banking skills will still be extremely valuable. This investment banking shift will likely require an eclectic mix of multiple talents and technical abilities.

FRM Salary in India 2025: Roles, Salary Ranges & Growth

Posted on by Imarticus Learning
Reading Time: 12 minutes

Have you ever wondered what kind of salary a Financial Risk Manager earns? If you’re eyeing a career in risk management or finance, that’s probably one of the first questions that comes to mind. And rightly so – after all, your job should reward both your skills and the time you invest in building them.

If you’ve ever found yourself wondering, “How much can I really earn with an FRM certification?” – you’re asking a very practical question. Now more than ever, risk management isn’t just a buzzword. It’s where careers are not only built but accelerated, in India and around the world.

The FRM certification, offered by GARP, has become one of the most prestigious global designations in finance. Employers across banking, consulting, and fintech respect it. But how much can you earn with an FRM under your belt in India? Let’s break it down.

What is FRM?

If you’re wondering what is FRM, think of the FRM (Financial Risk Manager) credential as a global passport in finance. Offered by GARP (Global Association of Risk Professionals), it proves your ability to handle the toughest challenges in modern finance, from market volatility and credit risk to regulatory compliance.

It’s not just another qualification on your résumé; it’s a recognition that you can help companies plan confidently through uncertainty. That’s why leading banks, investment firms, consulting companies, and fintechs actively seek FRM-certified professionals. With the demand for skilled risk managers rising, the FRM salary in India continues to reflect the value of this globally respected certification.

What Does an FRM Professional Actually Do?

FRMs are the financial risk experts who keep organisations safe when markets get unpredictable. They work behind the scenes, analysing data, building risk models, and designing strategies to minimise potential losses.

In simple terms, FRMs don’t just crunch numbers – they help businesses make smarter, safer decisions.

You’ll find them in:

  • Banks that manage credit or market risk.
  • Hedge funds and asset management firms, optimising portfolios.
  • Fintech companies, strengthening digital risk frameworks.
  • Regulatory bodies like the RBI or SEBI ensure compliance and stability.

Their expertise makes them essential to the financial ecosystem, and that’s exactly why FRM-certified professionals are among the most sought-after in today’s finance world.

Which Industries Hire FRMs?

From banks to startups, FRMs are found anywhere money meets uncertainty:

IndustryTop Employers
Banking & Financial ServicesHDFC, ICICI, Axis, SBI, Barclays
Consulting & Big 4Deloitte, KPMG, PwC, EY
Insurance & ActuariesLIC, HDFC Life, SBI Life
Fintech & StartupsPaytm, Razorpay, Cred
Asset Management & Hedge FundsBlackRock, Franklin Templeton
Corporate Risk (Non-financial firms)Tata, Reliance, Mahindra

If you land an offer at Nomura, expect Analyst salaries to average ₹16-40 LPA, driven by location and market division.

Confused about what to do after BCom? This video cuts through the noise – no hype, no fluff – just clear guidance on the best certification that can fast-track your career, boost your earning potential, and help you stand out in today’s finance job market.

FRM Salary in India: A Closer Look

The FRM salary in India can vary depending on your experience, industry, and location. According to a recent salary research by QuintEdge, FRM-certified professionals in India earn between ₹6.7 LPA to ₹50 LPA.

Here’s a quick breakdown:

Experience LevelAverage Salary (INR)
FRM Fresher₹6-8 LPA
2-5 Years Experience₹10-18 LPA
5-10 Years Experience₹20-30 LPA
10+ Years / Leadership₹40-50 LPA

What’s driving these numbers? Companies have been facing growing regulatory pressures from the RBI and SEBI. Add the rise of digital banking and market volatility, and suddenly, risk experts are more important than ever. This demand is directly boosting FRM salary packages, especially in 2025 and beyond.

Most recent surveys show FRM-certified professionals in India earn well above average finance roles. Jobted pegs the average around ₹12 LPA, whereas 6Figr reports experienced FRMs earning nearly ₹22 LPA annually. 

The FRM Salary Ladder in India

Salary isn’t just about digits; it’s about growth and the kind of career arc you can expect. The journey starts at the fresher stage, moves quickly through specialist roles and then peaks with strategic leadership.

Experience LevelTypical Salary (INR)Common Roles
0-2 Years₹4-7 LPARisk Analyst, Junior Risk Consultant
3-7 Years₹8-15 LPARisk Manager, Senior Risk Analyst
8+ Years₹20-35+ LPAHead of Risk, CRO, Director of Risk

In fact, veterans with global experience and broader portfolios can cross ₹1 crore per annum, especially at multinational banks or consulting houses.

Even entry-level roles such as Risk Analyst or Credit Risk Associate average ₹6-8 LPA on AmbitionBox, which is notably higher than most finance graduate salaries.

FRM Salary City-wise

Location plays a big role in salary potential – metros dominate the charts.

CityAverage Salary
Mumbai₹8-25 LPA
Bengaluru₹7-22 LPA
Delhi NCR₹6-20 LPA
Pune₹5-15 LPA
Tier-2 Cities₹4-12 LPA

Metro cities also offer faster career acceleration due to the concentration of multinational banks, consulting firms, and fintech startups.

Did You Know?
Mumbai-based FRMs at J.P. Morgan can earn ₹18-30 LPA+, boosted by annual bonuses.

FRM Fresher Salary in India: Is It Worth It?

The short answer – yes, absolutely. An FRM fresher in India can expect to earn between ₹6 LPA and ₹8 LPA, depending on where they work. That’s already higher than most other finance graduates starting.

FRM Fresher Salary in India

Common entry-level jobs for FRM-Certified Professionals include:

These are strong starting points that often lead to mid-level roles within a few years, which come with substantial pay hikes.

Interesting Fact!
Top-tier employers (J.P. Morgan, Morgan Stanley, BlackRock, Nomura) pay above market – entry roles starting at ₹16-19 LPA, with senior managers crossing ₹31-75 LPA, including bonuses. – 6 Figr & Levels.FYI.

Why FRM Professionals are Paid Well

Ask any recruiter: the right risk expert doesn’t just spot issues; they prevent millions in losses. FRM-certified professionals earn more because:

  • They deliver strategic impact, not just technical work.​
  • Freshers enjoy a 20-30% premium over generalist finance grads, especially in metros like Mumbai, Bengaluru, and Delhi.
  • Mid-level and senior FRMs design frameworks and compliance strategies that save money and keep companies afloat during downturns.
FRM Professional Impact

Did you know?

Naukri and Glassdoor listings for FRM roles often show salaries 20-30% higher than comparable non-certified finance positions, especially in metro cities like Mumbai and Bengaluru. This difference is visible across platforms.

FRM Jobs and Pay Scale: Roles You Can Target

Earning your FRM qualification doesn’t box you into one type of job – in fact, it opens up multiple career paths.

RoleSalary Range (INR)
Risk Analyst₹6-12 LPA
Credit Risk Manager₹10-18 LPA
Market Risk Analyst₹8-15 LPA
Portfolio Risk Manager₹18-25 LPA
Treasury Manager₹15-22 LPA
Regulatory Compliance Lead₹20-35 LPA

FRM Salary in India Per Month

To get a clearer picture of earning potential, it helps to see how these annual figures translate into monthly pay. Here’s what FRM professionals in India typically earn per month.

LevelAverage Monthly Salary (INR)
Fresher₹50,000 – ₹66,000
Average (All)₹64,000 – ₹1,60,000
Senior₹1,30,000 – ₹2,80,000+

Entry-level FRMs usually start around ₹50K/month in top cities.

Senior FRMs (10+ years or leadership roles) can cross ₹2 lakhs/month in MNCs and large banks.

FRM Average Salary in India

According to the latest 2025 reports, the average FRM salary in India varies across sources.

  • Jobted estimates it at around ₹11.9 LPA
  • 6Figr places it closer to ₹21.9 LPA,
  • while Glassdoor reports an average of about ₹10 LPA.

Together, these figures highlight how FRM-certified professionals in India typically earn between ₹10-22 LPA, depending on experience, role, and organisation.

These numbers reflect the rising appetite for certified risk professionals, especially as Indian banks and fintechs ramp up regulatory compliance teams in 2025.

The typical FRM-certified professional rolls in at ₹12-23 LPA on average, with mid-career specialists trending closer to ₹20 LPA.

FRM Average Salary in India

FRM Starting Salary in India

When you’re just starting in risk management, the FRM fresher salary in India typically ranges from ₹6-8 LPA, but those landing analyst roles in top MNCs can see their starting package bumped up to ₹10 LPA, setting a solid financial foundation right from day one.

The fresher’s salary is significantly higher than most non-certified finance roles. The starting package is driven up for those placed in Mumbai/Delhi with Big 4 or top banks.

FRM Salary in India Per Month

FRM Fresher Salary in India

If you’re just starting and wondering what your first paycheck as an FRM might look like, here’s a quick snapshot of what freshers typically earn in India.

  • Typical range: ₹6-8 LPA for Risk Analysts, Credit Risk Associates, or Jr. Market Risk roles.​
  • Large consulting firms/US banks may pay close to ₹10 LPA for well-qualified starters.
  • Most freshers get their first hike within 2-3 years as they build practical risk and analytics experience.

You’ve finished your BCom, landed your first job, but somewhere deep down, you’re wondering – is this it? Or can a commerce graduate like you really break into the seven-digit salary club? This video will guide you through the best certification options after a BCom degree that can turn that question into reality.

CA FRM Salary in India

Those holding both CA and FRM certifications are paid premium salaries in risk, treasury, and strategic finance roles, quickly reaching mid- to senior-level pay bands.

ProfileAverage Salary 
CA ₹7-12 LPA (Freshers to 3 yrs)
CA at Top MNC₹13-23 LPA (with 5-8 yrs)
CA + FRM₹12-20 LPA (3-5 yrs), ₹30+ LPA (Sr)

FRM vs CFA Salary in India

Both FRM and CFA are globally respected designations. Now that we know FRMs earn handsomely, the next big question is-  how do they stack up against CFAs? Let’s break down the salary face-off between these two finance powerhouses.

Experience LevelCFA Salary FRM Salary
Entry (0-3 yrs)₹7-12 LPA₹6-9 LPA
Mid (4-7 yrs)₹13-25 LPA₹10-15 LPA
Senior (8+ yrs)₹26-50+ LPA₹20-30+ LPA

CFA is preferred in investment/portfolio roles, while FRM is preferred for risk, compliance, and treasury.

Both see rapid jumps post 5 years, but CFA may command the highest peaks in portfolio mgmt/banking, while FRM leads in risk-intensive domains.

FRM vs CFA Salary in India

CFA FRM Salary in India

  • Salary for professionals holding both CFA and FRM ranges from ₹8-15 LPA for 1-4 years of experience, quickly rising to ₹18-30+ LPA with 5-8 years, especially in investment banks, asset management, and risk strategy.​
  • Dual-certified specialists are sought after for hybrid roles – investment risk, risk analytics, and portfolio risk consulting.
FRM Salary in India

Did you know?
Picking up Python or R can instantly add ₹2-3 lakhs to your annual offer, as risk analytics is a premium skill.

FRM vs Other Certifications: Salary & Value

FRM isn’t alone; CMA and CFA also give a clear career boost.

CertificationTypical Indian SalaryMain RolesSkills That Boost Pay
FRM₹4-7 LPA Fresher, up to ₹35+ LPA SeniorRisk Management, AnalyticsData modelling, Python, Regulatory expertise
CMA₹3-5 LPA Fresher, up to ₹30 LPA SeniorManagement Accounting, CostingPower BI, SAP, Strategy, Communication

Why FRM sometimes edges ahead: Risk roles now attract huge demand, faster salary hikes, and job security, even during downturns.

Salary by Job Roles in Financial Risk Management

When you begin your journey as an FRM-certified professional, the title on your business card isn’t just a designation; it’s a reflection of the value you bring to the financial ecosystem.

From entry-level analysts crunching market data to directors shaping risk strategies at multinational banks, every role tells a story of growth, expertise, and reward.

Picture this- 

You begin as a Risk Analyst, working behind the screens to identify early warning signs in portfolios – earning around ₹6-8 LPA. As you sharpen your understanding of credit exposure and regulatory metrics, that number begins to climb.

Soon, you might step into the shoes of a Credit Risk Manager, balancing decisions worth crores – salaries here often reach ₹15-25 LPA depending on the organisation and city.

Move a few years ahead – you’re no longer just assessing risks; you’re defining frameworks. As a Market Risk Specialist or Operational Risk Manager, your expertise becomes pivotal to every trade and compliance decision, fetching ₹20-35 LPA or more in global banks.

And for those who keep climbing, to Senior Risk Leaders, VPs, or CROs – the story turns exponential. Strategic decision-making, cross-border exposure, and advanced analytics can push annual compensation well above ₹50 LPA in top-tier firms.

FRM Salary in India: What’s the Future?

The outlook for FRM salaries in 2025 is bright. Experts predict an average 12-18% salary hike across all levels. So what makes the FRM certification a smart financial move? Let’s summarise.

  • Faster Salary Growth: FRM-certified professionals often get promoted faster because they bring proven credibility to risk roles.
  • Job Security: Risk management remains a top hiring priority even during recessions.
  • Global Mobility: The FRM credential makes it easier to transition into international finance jobs.
  • Career Diversity: From banking to fintech, every financial institution needs risk experts.

This growth is mainly driven by:

  • Stricter regulations by the RBI and SEBI
  • Expansion of GIFT City in Gujarat
  • Rising ESG and compliance mandates
FRM Demand in industries

In short, risk management is becoming the backbone of modern finance, and FRM-certified professionals are leading that change.

The demand for certified risk managers is set to grow sharply with India’s expanding financial sector and regulatory oversight.

According to Naukri and LinkedIn hiring insights, FRM-related job postings have increased by nearly 35% YoY since 2023.

By 2030, salaries in advanced risk roles are expected to rise by another 20-25%, especially in fintech and global investment banking domains.

Factors Impacting FRM Salaries

Several things move the needle for better or worse on your pay:

  • Industry: Banking, investment, and insurance top the charts; consulting and fintech are strong challenger sectors.
  • Company Size: Large MNCs and global banks pay far more than regional outfits.
  • Location: Mumbai is king, followed by Bengaluru and Delhi NCR for top packages.
  • Skill Set: Knowing Python, R, Power BI, or Tableau? Expect a 20-30% lift.
  • Certifications: Adding CFA, CPA, or an MBA to FRM multiplies the value.

How to Boost Your FRM Salary

Earning your FRM is just the first milestone – how you build on it determines how fast your salary grows. Here are a few proven ways to stay ahead of the curve and maximise your earning potential:

  • Get certified early, start compounding your growth.
  • Work across risk domains: credit, market, liquidity.
  • Upskill in data analytics, AI, and fintech regulation.
  • Stay networked: GARP members, LinkedIn, webinars.
  • Always show business impact in appraisals.
FRM Career Growth Pyramid

Where to Start: Preparing for the FRM Journey

If you’re inspired to pursue your FRM journey, preparation is the key. Look for learning programs that provide:

  • GARP-approved study materials
  • Mock exams and classroom support
  • 1:1 career mentorship
  • Placement guidance

India’s only GARP-authorised provider, the Imarticus FRM Certification Program, offers a structured path to earning your FRM credential and accelerating your risk career.

FAQs about FRM Salary in India

Here are a few frequently asked questions about FRM Salary in India to understand advanced career opportunities and salary growth for professionals aiming to master risk management in the finance industry.

Who earns more, FRM or CFA?

While both CFA and FRM professionals enjoy competitive pay, FRMs often earn slightly higher in specialised risk management roles due to their niche expertise in managing financial uncertainty. On the other hand, CFAs earn more in investment and portfolio management roles. Ultimately, the better-paying path depends on your interest in domain – risk or investments.

What is the salary of an FRM in Deloitte India?

At Deloitte India, FRM-certified professionals typically earn between ₹5-12 LPA for freshers; the pay range increases depending on experience and role. Mid-senior professionals in risk consulting or financial advisory can see packages crossing ₹25 LPA. FRM certification adds a strong edge in global risk and compliance projects.

What is the salary of ACCA vs FRM in India?

Both ACCA and FRM offer global finance careers, but their pay scales differ by role. FRMs specialise in risk management and usually earn around ₹10-20 LPA, while ACCAs specialise in accounting and audit roles, earning an average of ₹6-15 LPA. The FRM salary in India tends to rise faster due to their demand in banking and fintech risk functions.

Is FRM in demand in India?

Absolutely. FRM-certified professionals are increasingly sought after as Indian banks, NBFCs, and fintech firms strengthen their risk and compliance frameworks. With the RBI tightening regulatory norms, FRMs are now among the most in-demand finance specialists in 2025.

What is the expected FRM salary in India in 2025?

In 2025, the FRM salary in India is projected to range between ₹10-30 LPA depending on experience, role, and sector. Senior professionals in banking and treasury roles often command packages above ₹25 LPA.

What is the average Financial Risk Manager salary in India?

The average FRM salary in India stands around ₹12-18 LPA for mid-level professionals, according to AmbitionBox and Glassdoor data. This number continues to climb as more firms recognise the value of certified risk talent.

What is the FRM fresher’s salary in India?

Fresh FRM-certified professionals typically start between ₹6-8 LPA. Companies like Deloitte, KPMG, and fintech startups actively hire FRM freshers for entry-level risk and analytics roles, offering a solid launchpad for career growth.

How are FRM jobs and pay scale structured?

FRM salaries scale quickly with experience and role complexity. Risk analysts and associates earn mid-level pay, while risk managers, treasury heads, and credit risk specialists earn significantly more due to higher responsibility and exposure.

What is the average FRM salary in India for freshers?

For FRM-certified freshers, salaries usually fall in the ₹6-8 LPA range, depending on the company, role, and city. Tier-1 firms and global banks may offer slightly higher packages to those with additional finance or analytics skills.

Which companies hire FRM-certified professionals in India?

Top recruiters include Deloitte, KPMG, PwC, Barclays, and various fintech startups.

What roles can I get after FRM certification?

Common roles include Risk Analyst, Credit Risk Manager, Market Risk Analyst, and Treasury Manager.

Transform Your Finance Career With FRM

Choosing a career is never just about passion; it’s also about potential. And when it comes to both, the FRM certification delivers on every front.

FRM salary in India ranges from ₹4 LPA as a fresher to ₹35 LPA+ at leadership/strategy roles, with global salaries crossing $100K for experienced pros.​ Major cities and global firms offer the best packages and now often match international pay for Indian talent. Salary is just the start – risk management means you’re helping shape finance and business strategy, both locally and worldwide.

From strong starting salaries to international opportunities, the FRM opens doors to some of the most dynamic and secure roles in finance. Whether you’re a fresh graduate or a mid-career analyst, earning your FRM could be the smartest investment you make this year.

If you love analytics, strategy and want a career with impact and global recognition, FRM is more than an exam. It’s the next leap in finance – backed by salary, security, and story. So if you’ve been thinking about it, now’s the time to leap. The world needs skilled risk managers, and your next big opportunity could be just one FRM exam away. Enrol Now!

Studying for the FRM? Here Are Some Must Read Books

Posted on by Imarticus Learning

Reading Time: 2 minutesFRM Exam Part I Books
These official books for the FRM Exam Part I include 4 volumes:
• Foundations of Risk Management
• Quantitative Analysis
• Financial Markets and Products
• Valuation and Risk Management
Sample questions are included in each book to facilitate better preparation.

FRM Exam Part I eBooks

Access to all four volumes of the FRM Exam Part I books are done through PearsonVue’s eBook application. This version contains the offline and online access to the study material for 3 years on up to 3 devices i.e. an iPad, a desktop and / or an Android tablet. The volumes offered via the eBooks are the same as the FRM books mentioned above.

Financial Risk Manager Handbook by Philippe Jorion

In-depth insights and practical implications offered in the Financial Risk Manager Handbook makes it an essential text for risk management training across the globe. The book is presented in a clear and consistent design and is supported by GARP. Authored by Philippe Jorion, this handbook summarizes the core knowledge requirements for financial risk managers:

  • Insights on market, credit, operational, and liquidity risk management.
  • Examines the importance of structured products and other derivative instruments.
  • Facilitates understanding extreme value theory, operational risk management techniques, and corporate risk management.

Schweser Study Package

This package offers convenient mobile-friendly tools facilitate study anytime, anywhere. These concise SchweserNotes™ enable mastering the curriculum and application of this knowledge through questions and self-tests.
SchweserPro™ QBank fine tunes exam-taking skills through practice questions.
This package also includes an Online Review Workshop for exam strategies and a realistic Schweser Mock Exam to simulate exam conditions.

Options, Futures and Other Derivatives by John C. Hull

This book is primarily for courses in Options and Futures, Risk Management and Financial Engineering typically found in business, finance, economics and mathematics departments and facilitates acquisition of working knowledge of how derivatives are analyzed. This best seller blends theory and practice and provides a link between academia and its application in the real-world for valuations.

Practice Material

Practice is more, if not as important as studying. Regular practice is the biggest differentiator between successful and unsuccessful candidates.

PrepSmarter: Study and Practice to Pass.

With over 4,000 questions for FRM; PrepSmarter identifies knowledge gaps in your preparation and enables the learning so you focus on your weaknesses and retain your strengths.
• Detailed Explanations: Receive real-time feedback.
• Study Groups: Because we’re all social learners!
• Spacing Effect: Practice daily to remember longer.
• Comparative Statistics: Know where you stand against others.
• Active Dashboard: Summarizes you performance and compares you to others.
All the best!