BBA (Hons.) in Finance Marketing provides enormous scope for fresh graduate students. It's becoming familiar among candidates who want to pursue a career in management after finishing their 10+2th-grade exams. The BBA (Hons) in Finance degree provides a plethora of job options in India and abroad and is one of the few degrees that can lead to high-paying management and administration positions immediately after graduation. For example, a candidate gets a job as an investment banker, stockbroker, financial analyst, etc.
Career Opportunities
Investment Banking (IB)
An IB is a private company that provides finance and different services
to corporations, individuals, and governments. It provides services like
raising financial capital by underwriting or behaving as the customer’s agent in
issuing securities. It also facilitates mergers and acquisitions companies and
assists with ancillary areas such as trading derivatives and equity securities,
market making, and FICC services. An IB is different from a commercial and a
retail bank because it does not accept deposits.
The IB career path and corporate hierarchy is well-defined and hasn’t
changed much over time:
· Intern or Summer Intern
· Analyst
· Associate
· Vice President
· Director or Senior VP
· Managing Director
This is the perfect choice for those interested in business and
financial markets.
Wealth Management
WM is an umbrella term used to define professions. Wealth Managers
devise strategies, create blueprints, and deliver services like tax, legal and
estate planning, financial counselling and accounting related advice, and
retirement planning to their customers. Given below are some of the significant
responsibilities of a Wealth Manager:
·
Assess the customer’s profile, identify the
requirements, and suggest financial matters accordingly.
·
Keep records of the business transactions as per
the various rules and regulations.
·
Maintain the existing clientele and build new
business relationships.
·
Confirm that the companies comply with the
procedures and policies of the bank.
Mutual Fund Managers
The career of a mutual fund manager is relatively straightforward. You
need to manage the purchase and sales of fund holdings while working with
customers and helping them increase their wealth. You will also manage investment
funds usually owned by corporate and private investors.
This is because investors rely on your knowledge and expertise to guide
them with the correct information to invest in the right organisations and grow
their income. Therefore, to become a mutual fund manager, you need extensive
education and years of experience.
While a career in mutual fund management offers excellent income, you
need to have an undergraduate degree like BBA Hons in financial markets or a
degree in finances and investment. In addition, an MBA in finance and
certificates of some stock market courses are also sometimes necessary.
Hedge Fund Managers
Hedge fund managers handle their customers’ financial and investment
strategies. For example, several contributors must meet a minimum net worth to
invest in a hedge fund. They use advanced analytical skills and financial
understanding to develop fund plans and implement a strategy.
Financial Analyst
They help people decide how to invest their money. Other terms such as
research analyst, securities analyst, equity analyst, or investment analyst are
used for financial analysts. Besides financial analysis, a finance analyst
writes information as a brokerage containing fundamental principles. Also,
technical chart study and tactical evaluation of the market environment too are
considered cardinal parts.
Though slightly different, financial analysts' job is like economic
planners. At times economic analysts work in close coordination with a
financial planner. The important part is that financial analysts possess a
higher level of expertise in financial management.
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