Finance is the most important part of the business or a startup and a primary goal of any organization. Every company looks for a finance professional who can manage the organization’s expenses and contribute to gaining profits.
Technological advancement has led to its influence in every field, and Finance is no exception. Now everything is getting digitized, even the transactions and currency. Thus, a postgraduate diploma holder can expect better opportunities in all sectors. Finance is a lucrative career and can be translated into various roles.
PGDM in Finance is a two-year diploma course that offers a detailed curriculum on financial management skills, specialization in Human resources, Finance, and international business and marketing. However, this course can be completed in one year, depending on the institute you choose to study. It is one of the most preferred courses by students who want to pursue a career in Finance after graduation, as it is one of the highest-paying careers.
This degree allows the students to work in various industries, including the banking sector, IT sector, startups, and many others. PGDM graduates have excellent job opportunities in almost every industry that involves working capital management, critical learning, international and financial mergers, etc.
To pursue PGDM in financial management, you must complete your finance stream graduation, preferably with a minimum score of 50% in the final year examination. However, the admissions process in various universities varies.
Every student who wishes to pursue this degree must fulfill the eligibility criteria listed below-
- A graduation degree in any stream from a recognized university.
- Minimum 50% marks in the final year.
- A few universities take admission based on merit, while others conduct specific entrance examinations or ask for CAT or XAT scores.
- Some universities also ask for internships and work experience while shortlisting candidates.
PGDM Course Structure-
PGDM in finance management is curated for students who want to learn about different aspects of financial management, including merger acquisition, International Finance, and capital management. This course makes the student a well-rounded and skilled finance professional who can manage their responsibilities and duties as a finance manager.
A PGDM degree is designed to teach them about the processes involved in preparing the balance sheet, minimizing cost, analyzing cost centers, and maximizing the organization’s profits. Every year colleges and universities update their curriculum depending on the changes in the finance market.
PGDM is a two-year degree course that is divided into four semesters. Every semester you need to pick an elective subject along with the major subjects to provide you with a specialization. You can choose among the options such as Business intelligence, Marketing, HR, Finance and HR, etc. The course is designed to provide all the knowledge about financial analysis, including finance policies, corporate finance management, investment, and risk dynamics.
Scope and Job opportunities after PGDM in Finance
Every industry needs a finance professional regardless of the size of the company. Finance makes a huge and significant department in every organization. Career opportunities in Finance include asset management, investment banking, and business analyst, Equity analyst, insurance agent, retail banking, corporate finance, sales, and trading, financial advisory and planning, and many more.
In the 21st century, every organization runs behind in gaining profit, and a career in Finance can make you the center of money management.
Finance is a lucrative, challenging, and dynamic career which can be translated into different roles based on the industry you are working in. Moreover, in India, job opportunities lie in the banking sector and insurance companies. However, with experience, you can explore other industries as well.
The bottom line is that PGDM in Finance management is an industry-centric course that equips you with all the facets of Finance and makes you a skilled professional. With the increasing number of industries and startups, the demand for finance professionals is rising, and thus the career opportunity is endless. A PGDM course is worth your time and money if you have your way with the numbers.