In the 21st century there is an excessive need of employees who are highly competent in their skills and also replicate the other life skills which include skills of communication, hard work, co-operation, sportsmanship, etc. This is an urging demand of all the companies across the globe because now every organization is working strenuously towards its amelioration. This has boosted to the ever increasing competition in the global market. Looking at this aspect many leading as well as small scale industries have appealed to the governments of their respective countries to launch new and advanced study modules that proliferate professionals enriched with the best working qualities.
Prospects of the Advanced PG Diploma Courses
Many educational institutions of the world have began working towards designing of programmes that could help the employers get the most appropriate kind of employees as well enable the students to get superb placements. There are a PG diploma courses in finance planning that is launched by the autonomous institutes in India. Students who are wishing to establish their career in the finance or banking sector need to make the best of the present program which have been designed specifically for these areas.
One of the most prominent courses relevant to the banking zone is that of PGDIB. It is a short hand notation for Post Graduate Diploma in Investment Banking. This course has made a strong impact on the minds of the youngsters and is so prevalent only since past few years. During the primitive age people were hardly aware of the immense potential in the banking sector. But now majority of the populace is aware of the prospects of the discipline of Investment Banking and its pertinent programmes. PGDIB is generally a one year program and offers intensive knowledge of the respective subject and the topics inter-linked with it. It offers exposure for harnessing your skills at the international level.
What is the utility of PGDM course?
PGDM is an abbreviation of Post Graduate Diploma in Management. It is a certification programme offered by the sovereign institutes in India. These are not governed by the rules and regulations of any university or government. These are autonomous institutes and operate through their own policies and norms. PGDM diploma course is a two year full time residential study scheme which is to some extent equivalent to MBA. But it has many distinctive features also that make it stand different from this traditional degree programme. This post graduation study module is a diploma course and does not award any degree. Further it provides a deeper insight into the management domain. It is rated among the top 10 study schemes in the country.
Moreover, you can also opt for another study program that provides a comprehensive learning of business concepts. This is PGDBM certification and it expands to Post Graduate Diploma in Business Management. It is specifically designed for working professionals who want to gain expertise in the field of management or obtain higher qualification in the same. PGDBM later accompanied by the Master’s of Business Studies programme becomes equivalent to the MBA degree. It is a highly reputed educational programme in India and has exceptional respect and regards in the international forum.
It can be deduced that this century is witnessing the growth of advanced courses that offer great opportunities in almost all sectors such as banking, financial planning, advisory, management, etc. These are extensively designed to enrich the career of the young aspirants in their respective fields.
Financial planning and wealth management is one area which everyone is concerned for the comforts and luxuries which last long. Considering the large enterprises which contribute largely the economy this area is highly important.
Financial planners are seen as important members for both small and large enterprises. Moreover financial planners also help in planning achieving personal financial goals. For instance, an individual is in his fifties and has not given a single thought to financial planning it can be assured that he would not be able to enjoy a life of comfort ahead. Further, giving importance to the role of the planner it has been seen that there is no dearth of job opportunities. As each organization being in business aims at profits having a financial planning team or individual is always beneficial. For students willing to opt for the course it is necessary to first understand the role of the financial planner and how to reach the goal.
Planning a career in Finance Course
To begin with the career firstly the student would have to start at the graduation level. It is a wise option to opt for finance related subjects at college level such as mathematics, statistics, accounts and taxation. Further, having a knack for mathematical tricks and solutions is always beneficial as regardless of any work line professional finance courses would be dealing with it. Secondly, it is good to opt for co-curricular courses of tax law, estate law, finance law, etc as it gives as edge over the other candidates during the course of interview.
Student would be required to sit for an entrance examination after graduation to get trained in the course. There are several coaching centers and online study material available which can make it easy for the student to prepare for the exam. However, at the end complete dedication and hours spent in preparation would pay off. The course duration is mainly 6-8 months, some institutes might stretch it to a year time as for giving students a complete idea of what to expect in future. After completing the course certified board of standards and practices would give a license to work.
Core Objectives of a Professional Financial Planner
There are six main areas which the certified financial planner needs to adhere by. Firstly, it is necessary to advocate the ethical, efficient and influencing policies which can help the client. Secondly, communication plays an important part and needs to be accurate. Thirdly, credentialing plays an important part to win the trust of the clients. Fourthly, education of the planner needs to be up to the mark and such that clients can trust him. Fifthly, enforcing that professional conduct is according to the rules of the CFP board. Lastly, sustainability plays an important part as in objectives need to be viable which can churn profitable deals for the clients.
Areas of Working
Certified financial planner would be required to analyze and study the financial goals of the firm and plan strategies accordingly. Based on his experience and understanding of the work area he would be able to suggest financial strategies. A certified financial planner can opt for a job in numerous corporate firms as well start an individual practice.
At the end, it can be said CFP course is the right medium to invest for a secure future.
In these highly competitive times each organisation requires an expert body which can plan and manage their funds. Moreover with the coming up of new technology and inventions requirements have broadened. The role of certified financial planner has a key role to play in any organisation having large funds being generated each day. However, the profession requires vast knowledge of computer software, handling along with broad knowledge of handling accounts. As an employee the certified financial planner would be required to make practical strategies which can give a push to the capital increasing day by day.
Students who are willing to opt for the line as a future career path need to understand that great toiling day and out would be required. Neither would be the task easy and entertaining. Although, the satisfaction one would get in helping clients and getting rewarded is high. Beginning with the course student would be required to start at the schooling level. A high interest in mathematical subjects and skills to solve difficult questions easily is beneficial. Further, at the college level graduation in finance with mathematics, economics, statistics and taxation is required to acquire the post graduation degree. Additional courses such as tax law, finance law, estate law can work advantageously for the student.
Before entering the CFP Course (certified financial planner) student would be required to clear an entrance level examination. There are numerous coaching centres, online study material and made-easy books available which if worked on dedicatedly can be rewarding. The question paper would be based on multiple choice questions including queries based on the mathematical, general knowledge, English and aptitude. The student would be tested for his ability to excel in the field. There are numerous institutes in the country which provide two year programs. Students have the choice of opting for regular courses, distant learning, online classes or short term courses. However, studying in a physical class is always beneficial has one can have direct communication with the coach.
Students in the program would be given training of the five modules which are planned in the CFP curriculum. Introduction to financial planning, risk analysis and retirement planning, taxation, investment and management are some of the main topics which would be covered during the 24 months program. After clearing the program student would be required to have a minimum experience in the subject line before being able to get his license. The experience time has been decided by the authorities. After getting the license from financial board of standards and practices the student would become a professional who can serve his clients. According to reports a financial planner serves approximately 200 clients in a year. One can only imagine what would be his salary and the amount of work which would be required to be done. A beginner can earn take home approximately 1, 00,000 INR month, plus the bonus offered by the clients.
As there are numerous institutes in the country it is necessary for a student to make a wise decision. Each institute has its individual website which has complete details. Student need to check the accommodation facility if enrolling for a long time program. Further it is necessary to check the CFP courses eligibility fee structure and faculty. At the end, one can just say that financial planner have become a boon for every individual client.
Education is a matter of great importance for people in this era of modernization and technological development. With the advent of globalization countries are interacting with one another to share each other’s thoughts, ideas and solutions to common issues. People from one country are migrating to another in search of job, better health care, education and for permanent residential settlement. This migration does not often result into a profitable and optimistic impact on the economic growth of especially the developing nations. If people will move to other countries then the strength of earning members will reduce in the suffering county and disrupt its economic wellbeing.
To curb the excessive brain drain in India, the government in collaboration with many private institutes has launched various short term courses in India. In this way the students who migrate to foreign nations for want of better educational facilities and then permanently settle in those places will be drawn back to their native land and the persons who were willing to do the same will be also motivated to stay back. Greater and immense job opportunities are being availed to the youths in various sectors so that they are convinced to serve their motherland only.
In this respect many advanced banking and finance courses are being introduced. This will aid in inspiring the students to pursue their career in the fields of finance and banking. Some of these courses can be listed as Post Graduate Diploma in Business, Management, Post Graduate Diploma in Financial Planning, PGDM etc. These programs are better alternatives over degree course that are of longer duration. These study modules employ comprehensive and interactive teaching of the entire curriculum. The Post Graduate Diploma in Financial Planning serve as an asset to its organizations and other areas where its officials are required by acquainting the students of the potential scope in this zone. Through these study programs you are awarded Post Graduate Diploma in Financial Planning. You can also opt for higher qualification such as that of post graduate diploma in finance through a variety of programs pertaining to it.
One of these globally acclaimed course modules through which you can be a post graduate diploma holder in banking is the Post Graduate Diploma in Investment Banking. It is an investment banking course which is a very vast subject. It is extensively designed for those students who are greatly interested in the field of management. It is like a superset containing many other topics as its subsets and possessing knowledge about all these topics is extremely essential for gaining deep insight into the subject. The various aspects related to this wide disciple include capital management, cost budgeting, risk analysis, portfolio management, etc.
Thus, it can be concluded that as a student if you want to pursue higher studies but in shorter span of time or you want to gain additional qualifications into your job profile then the banking, finance and wealth management courses in India are the most lucrative options for you. These will not act as supplementary in your resume rather will be the very factor to get you a well deserving job opportunity.
There is no doubt in the fact that one is going to have best and reputed job after completing his MBA program. However, one should know that in India there are many top level colleges which are executing regular management degree courses but everyone cannot get admitted in those institutions of country. So, searching of perfect one becomes challenge for them. Now, the next question comes is that are these institutes are the right destination. The answer is ‘yes’ if you have a true dedication for management studies. Companies also visit these institutes for placement but appoint only those in their organizations who have achieved good marks both in their regular session as well as in their practical session. As placement opportunities in these institutes are less in comparison to any top level one so many times students have to initiate themselves at many places such as case studies etc.
Now, if one wants to maintain a quality in his life then MBA College in Delhi has to be their first choice. The reason behind is that Delhi is the capital city of India and even lowest level institute try its level best to provide the entire infrastructure like the top one is providing in order to maintain the competition in the market. So, if one is completing his business diploma from Delhi then the chances of getting good opportunities are more in comparison to other metro and non-metro cities of country. You should thoroughly understand that the talent of becoming a good management person lies inside you only so you should not always depend upon the institutes only but also try to participate in all the activities for expressing your talent in front of everyone which is in return going to provide you some good opportunities.
Goodwill of MBA Institutes in Delhi is very well recognized in all over the world as Delhi is the capital city of India. So, these institutes are gaining optimum popularity. However, when it comes to fees of these institutes then it varies according to reputation of educational institution. However, government institutes are charging only medium fees but due to limited seats it becomes very difficult to get admission in MBA College. So, one must fully enquire that the institute in which one is planning to take the admission is compatible for him from all sides or not. However, these institutes also run a scholarship program but very few students are shortlisted in that.
There are many types of MBA Courses in Delhi which are as follows-
- Post Graduate Diploma in Business Management.
- Online MBA Course.
- Part time MBA Course.
- Global MBA Course.
All the above mentioned programs are well recognized in all over the world. However, one must go through certain steps before taking an admission in MBA. For example, PGDBM is meant for those people who are already in job and want to add some managerial qualification for the sake of promotion.
There can be no substitute for education. All of us want to elevate ourselves. Only education and hard work results in excellence which is required in every field of expertise. So many of us come from humble backgrounds and raise ourselves to higher level in the society on the basis of our education and focused perseverance. The question is which are the study programs that can help its pupil in specializing in our respective field? Masters of business administration is one such program which is known and accepted world over. The students of this field are very polished and look at the business opportunities from a very different perspective. They are very innovative in their business ideas and very focused on their goals. There are many MBA colleges in Delhi. Getting admission in MBA programs or schools is very difficult as there are entrance tests and very high level of filtering is done before the students are chosen to do the course.
These colleges are world class and train people to become great business managers in time to come. Most of the multinationals employ their trained students straight from the campus. No matter what the business is it is very important to make sure that they are managed very well. In today’s world there are many different types of businesses but the basic of the administration remains the same. The students are not only given bookish knowledge but the whole environment of the campus is such that it makes the minds open to new business ideas and philosophies the students are made to think in a very different manner and made to imply different aspects of business dealings they are exposed to lectures by many different veteran people who are very amazing in their ideas the students attend the lectures of the people from the industry who tell them about their experiences and make sure that they know about practical problems.
There are many MBA institutes in Delhi. These institutes offer different types of master’s courses in India. The students are most interested in MBA in finance. This type of degree is very much required in financial institutes and banks etc. The other subjects offered are human resource, retail etc. It depends upon your area of passion and interests as to which subject would you choose to do your masters in. MBA in India is an essential part of the education system and essential to secure high level jobs in the field of finance, human resource and planning. It is very essential for the students no matter which field they have specialized in, to do business administration in order to become aware of the details of the business that they would be involved in.
There are many good institutes who churn out the best students in every field of business administration. Research says that the businesses that are run by those who have done these courses have 5o% more success rate than those who have not done any course. Education in any form leaves us more mature and worldly wise. All of us should enrich our life with the light of education.
Many people like to work in their own country while some wish to go abroad to earn their living. There are a number of persons who even want to pursue higher education in foreign countries whereas some prefer studying in their native land only. It is always good to try out new and better opportunities for your career growth but at the same time you can also make an effort to serve your country being its citizen. This is possible if you study in your country, work in your country and promote your nation in the whole world instead of being a part of brain drain which is a predominant process these days. Due to this practice getting prevalent in many developing nations, the economic growth of such nations is degrading at a negative rate.
Countries like India which is included among the developing countries are introducing advanced programs for higher education that add into your qualifications and enable you to get the best suitable jobs for you. One such course module is the CFP course or certified financial planning course. After the completion of this certification program the person acquires the designation of a Certified Financial Planner. This program was pioneered by the United Nations of America and was granted by the certified financial planner’s board of USA. Since recent years this designation is also being conferred by about 25 other institutes or organizations accredited by the Financial Planning Board of Standards, which is the owner of the CFP credential worldwide excluding USA. It is a non-profit organization that manages, develops and organizes this certification program on a global level.
This is an internationally recognized course and is a lucrative study program as through it you can expertise in financial planning and its related aspects such as risk analysis, investment planning, insurance planning, tax planning, retirement planning, etc. You can get a wonderful opportunity to exhibit your skills as a financial planner in other countries through this program. Moreover this course has been made mandatory by many reputed multi national companies for their wealth managers, mutual fund advisors, relationship managers and other high ranking officials. It is a worth pursuing course for the students who want to take up some profitable program for higher studies. It is so because the CFP certification course will help you immensely in upgrading your career. It has a potential scope in many sectors of employment which include insurance, banking, accounting, wealth management, tax planning, portfolio management, stock broking, etc.
This program gives flexibility to the working professionals. Examinations pertaining to this certification are conducted by the NSE. You simply need to register through its website and choose a date and time according to your convenience. Then you just need to pass the four examinations conducted in different subjects. With the huge significance of the program in the economic structure many recruiters are showing predilection towards the CFP certificate holders for the relevant posts in wealth and asset management.