Wednesday, October 15, 2014

Popular jobs for overseas management/finance graduates

As it’s the placement season here in IFIM B SCHOOL, We came up with an informative Article covering the news on INDIAN and INTERNATIONAL job Market.
Management and finance being the most essential functions for every business, there is a broad range of job opportunities available for graduates having an overseas management or finance degree. lists the popular job options…

  1. Corporate Finance Advisor
Job Description: A Corporate Finance Advisor specialises in mergers and acquisitions. A finance advisor mediates these transactions and protects the interests of the client, either the company doing the bidding or the targeted company.
Hot Skills: Problem-solving ability, agility and flexibility, thorough knowledge and hands-on efficiency with computer literacy (data crunching and management), risk management ability and master persuaders with a streak of sales are the best fit for this job.
Salary Range: Starting from Rs 4.5 lakh per year.
  1. Tax Accountants
Job Description: Tax Accountants assist clients with their financial and income statements. They prepare federal, state and local tax returns for businesses, organisations and individuals. The person should have complete knowledge of financial management and accounting.
Hot Skills: Complete knowledge of accounts and accounting basics, ability to work on preparation of balance sheet, profit and loss account, BRS, finance and tax basics.
Salary Range: Rs 2.7-3 lakh per year.
  1. Investment Bankers
Job Description: Investment Bankers are like financial consultants for corporations, which is precisely where the Corporate Finance Group comes into play. Big money and long hours are the hallmarks of the investment banking industry. The role includes helping firms devise and implement financial strategies, analyse their financial needs (structuring balance sheets, etc) and work with the sales and trading departments to determine valuations for new offerings. The role also includes activities such asunderwriting, selling and trading securities (stocks and bonds), providing financial advisory services such as mergers and acquisitions and managing assets.
Hot Skills: Research ability, focused attention, risk management, thorough knowledge of general accounting and financial planning,
Salary Range:  Starting from Rs 4 lakh per year 
  1. Research Analyst
Job Description: The role involves performing extensive primary and secondary research to build a detailed understanding of the targeted market, industry, company or opportunity. The person must be capable of analysing and synthesizing research findings to develop valuable insights and strategic recommendations for the client.
Hot Skills: Strong analytics and research skills, discretion and ability to work with sensitive and confidential information, comfort working against aggressive daily goals for thorough output, detail-oriented and excellent follow-ups.
Salary Range: Rs 3.5-4 lakh per year
  1. International Marketing & Sales
Job Description: The role involves interaction with clients, generating and closing leads, handling and maintaining client relations, reviving dormant accounts and ensuring customer satisfaction. Most importantly the person should ensure his/her revenue targets are met.
Hot Skills: Business development management, negotiation and analytical skills and strategic and tactical thinking.
Salary Range: Starting from Rs 5 lakh per year
  1. Entrepreneurs
Job Description: There are many industries where wealth creation is possible be it the internet and IT, personal services, media, engineering or small local business. If you want to be self-employed or an entrepreneur, explore a new business concept or buy a franchise. He/she needs to have motivation to practice his dream. It’s important to be savvy and understand what is and is not realistic.
Hot Skills: Willing to pursue career in entrepreneurship, must be hard-working, smart, creative, willing to take risks and people management skills.

Salary Range: There is no salary range for being an entrepreneur. One is paid what he/she earns using his/her business wits.