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Why Does PGDM In Finance Attract Higher Salaries?

Published on February 17 , 2023 | Leave a response

Why Does PGDM In Finance Attract Higher Salaries?

The goal of the Post-Graduate Diploma in Management-Finance programis to develop a cadre of professionals with a focus on finance. It enables students to acquire excellent analytical and problem-solving abilities while maintaining an ethical perspective. It enables students to grow their capacity for critical thought and effective performance in a fast- paced work setting. Participants in the program can able to comprehend business difficulties holistically and recognize how finance interacts with other disciplines. The heart of any company is its finance division. A PGDM in finance should be your choice if you are interested in investments, portfolio management, borrowing, securities analysis, fundraising, collections, disbursements, and managing a company's financial activities. This professional course will give you the knowledge, practical experience, and excellent training you need to succeed as a professional in the field of finance. As a result, overcoming the difficulties of corporate financial management would greatly benefit from an understanding of fiscal and financial functioning.

The PGDM in Finance offers a wide range of career options with the potential to advance to the highest level within an organization in fields like accounting, corporate finance, multinational financial management, commercial banking, merchant banking, investment banking, financial planning, stock markets, and many more. The finance industry has grown tremendously in recent years. It is a very gratifying career that offers more security than others. There are various reasons to study finance as a specialty, but a few of the more important ones are as follows:

  • Decision-Making Strategy
  • Improved analytical thinking
  • Best employment prospects
  • Top financially lucrative profession

Opportunities for Employment PGDM in Finance

Any business needs finance to function, thus students who choose to specialize in this field have several career prospects. The need for students who studied financial management has expanded as a result of the rapid expansion of privatization and the influx of more and more businesses onto the market. A candidate becomes qualified for several job elements after successfully completing the course.

One of the highest-paid industries in the nation, finance has a typical package or remuneration for PGDM students. A finance manager's salary might range from Rs 3 to 4 lakhs annually, or even more, based on factors including work experience, education, recruitment, and place of employment.

A newbie in this sector can expect to make between Rs 30,000 and Rs 1.5 lakh per month in compensation. The package depends on the company, the passing institute, and the job profile. The pay scale in the profitable sector of finance increases dramatically as candidates gain expertise.

The industry pays quite well for PGDMs in finance, and some of the occupations available, along with the pay, are shown below:

Job profile Job descriptionAverage salary(INR)*
Bank Officer Responsible for all the tasks related to financial services within the bank3 to 5 lakhs
Bank managerThis is the Top post in the banking field. Managers are responsible for the assignment of work and manage all the financial work6 to 7 lakhs
Accountant Records all the financial details related to expenses income and other transactions of a company6 to 7 lakhs
Controller He is responsible to control all the finances of the company or organization7 to 9 lakhs
Financial manager The in charge of all financial transaction7 to 12

*The above-mentioned salaries are subject to change varying from company to company.

Hiring Sectors:

  • Money management: This type of work includes carrying corporate bonds, and investments, purchasing, and selling them. Portfolio managers, mutual fund analysts, and hedge fund traders are a few of the popular positions.
  • Insurance: There are several chances for finance students in the insurance sector. Some frequent jobs for PGDM finance students include estimating the insurance of companies' assets, among other things, or working as an insurance company agent.
  • Asset management
  • Corporate banking
  • Credit risk management
  • Treasury
  • Private Equity
  • Derivative structuring

Why choose IIM PGDM’s Finance program?

Our curriculum aids students in comprehending and learning how to raise funds while taking into account risks and uncertainties. Additionally, they learn about how individual investors manage their returns on investments and how markets work to balance corporate demand and supply of money. Additionally, it teaches pupils about the principles underlying fiscal and monetary policy. Corporate Restructuring and Valuation, Financial Risk Management, Investment Banking, Corporate Tax Planning, Equity Research, i-Banking, and other topics are covered in our PGDM Finance syllabus, making it simple for students to comprehend them.

  • Excellent work opportunities with high market demand are provided by the PGDM in Finance Management.
  • Great chance to interact with businesses in the sector.
  • Networking and communication skills components.
  • Project-based on an organization in accounting and finance.
  • Students are being tutored by knowledgeable faculty using cutting-edge methods.
  • You learn how to integrate the complexities of money in this course.

IIM PGDM is also a well-known, widely-recognized set of institutions to assist you in succeeding in your chosen career path. A postgraduate qualification in finance will allow you to work for major companies of your choice.

Get your PGDM course journey started here. Apply Now!

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