Last updated on April 4th, 2024 at 10:35 am
Short-term, specialised training programmes for finance certification are created to give students a thorough understanding of finance and the corporate world. Corporate finance, investment and risk management, financial modelling, wealth management, capital markets and securities, portfolio management, asset valuation, mergers and acquisitions, etc., are just a few topics covered in these finance certification courses.
Students who wish to begin or advance their careers in the finance and business industries, as well as those who just want to develop a deeper understanding of finance topics, should take a finance course like the IIM Indore Finance course. This will make them enjoy their jobs and behold a great career for them in the future.
In this article, let's learn in detail about various financial courses alongside the course by IIM Indore Finance course to widen your horizons of learning.
Finance Programmes in India
In India, students and professionals can pursue several finance programmes depending on their career goals and aspirations. Here are a few finance courses you can opt for:
Association of Chartered and Certified Accountants (ACCA)
This is a UK-based accounting body that offers the qualification globally in over 180 countries.
Duration: The duration ranges from 6-24 months.
Eligibility criteria: The candidates must acquire 65% in aggregate in Mathematics, Accounts and English in their 10+2.
Job role: The top job roles one can grab once they finish this course are:
- Internal Auditor
- Forensic Auditor
- Risk Advisory
- Accounting Advisory
- Mergers and Acquisitions
Companies looking for ACCA: Since ACCA is an on-demand course, companies like Deloitte, KPMG, PwC and EY hire candidates with ACCA degrees.
Chartered Financial Analyst (CFA)
This is a financial course that primarily deals with investment tools and asset valuation. This is a globally accredited course if one is looking to make a fortune in investment and portfolio management.
Duration: The duration of this course is for about 2-3 years.
Eligibility criteria: Must have two years remaining in undergraduate studies to be eligible to appear for the Level 1 exam.
Job role: The job roles are:
- Portfolio Manager
- Research Analyst
- Risk Manager
- Investment Banking Analyst
- Corporate Financial Analyst
Companies looking for CFA: KPMG, Oswal, Deloitte, Morgan Stanley etc.
Chartered Financial Planner (CFP)
Chartered Financial Planner course is a globally recognised course offered by the Financial Planning Standards Board (FPSB). The professionals primarily deal with risk analysis, insurance planning, budgeting, financial modelling and tax planning.
Duration: The course duration is roughly 6-24 months.
Eligibility criteria: Candidates should qualify for 10+2 to opt for this course.
Job roles: The common job roles associated with this profession are:
- Tax Planner
- Risk Analyst
- Debt Management
- Financial Advisor
- Mutual Fund Advisor
Companies hiring CFPs: ICICI Bank, RBI and JP Morgan.
Chartered Accountancy (CA)
This is one of the most popular finance courses in India. In this course, the candidate gains in-depth knowledge in taxation, auditing, financial assessment and other related concepts.
Duration: The CA degree consists of three levels- Foundation, Intermediate and Final. The candidates would also have to work for an articleship. It takes about 5 years to complete.
Eligibility criteria: The candidate has to qualify for 10+2 examinations.
Job roles: The CA job roles are:
- Internal Auditor
- Tax Auditor
- Management Consulting
- Forensic Auditing
Companies hiring CAs: PwC, KPMG, Deloitte, EY, Accenture.
Chartered Management Accounting (CMA)
This is a prestigious certificate course which has been globally recognised. This helps the candidate to enhance their skills in budgeting, planning, and forecasting decisions of the company.
Duration: The duration of this course is roughly 6-9 months.
Eligibility criteria: The candidate must possess a bachelor's degree from a recognised college or university to be eligible for this course.
Job Roles: The job roles of this profession are as follows:
- Financial Risk Manager
- Cost Accountant
- Cost Advisor
Companies Hiring CMA: Capgemini, L&T, and Haier.
Company Secretary (CS)
This course is offered by the Institute of Company Secretaries of India (ICSI). Candidates can pursue this once they complete class 12 in India.
Duration: Company Secretary has four levels: Foundation, Executive, Professional and Management Training. The candidates also have to undergo practical training. This takes around 4-5 years to complete.
Eligibility criteria: The candidates should qualify for 10+2 examinations.
Job roles: The job roles for CS candidates are:
- Corporate governance
- Corporate restructuring
- Conciliation
- Foreign collaboration and joint ventures
Companies looking for CS: KPMG, EY, Deloitte and Capgemini.
Financial Risk Manager (FRM)
Global Association of Risk Professionals (GARP) offers the Financial Risk Manager or FRM certification. The candidates, after completing this course, would be primarily involved in controlling potential liquidity, credit and market risks alongside market analysis.
Duration: The course ranges from 2-3 years.
Eligibility criteria: The candidate should have a bachelor's degree for this course and relevant work experience.
Job roles: The job roles candidates can get after completing this degree are:
- Risk Management
- Trading
- Structural Analyst
Companies hiring FRM: Amazon, Deloitte, American Express and PayPal.
Conclusion
Finance is considered to be the cornerstone of any business activity. Be it an established company or a startup, everyone looks for a financial expert in this field.
If you want to pursue a financial programme, enrol now on Imarticus Learning's Postgraduate Certificate Programme for Emerging CFOs with IIM Indore. This CFO certification course is a suitable course for students and professionals due to its hybrid immersion facility.
