If you are a student having a difficult time choosing a career that will enrich your life and sustain a lifestyle, you’re not alone. There are multitudes of options to choose from and it can be intimidating.
Corporate jobs have their own attraction – formal training, diverse community, support outside work, office perks are just some of these.
Jobs in finance are thus, the future of corporate banking, the insurance industry and other financial services.
Unlike the olden days where professional degrees provided the only reputed jobs, our generation offers a wide variety of opportunities in corporate finance and financial advisor jobs.
Gone are the days of hunting for job vacancies when you can attain a certification in consultant jobs and financial advisor roles that are tailor-made for jobs. Finance jobs for graduates are a touch away with the help of the perfect certification.
Here are some of the career options in the Banking, Financial Services and Insurance that can help you choose the finance career that is right for you:
1. Mutual Fund Distributer
Retails investors are constantly on the search for investing avenues and this is where the role of a Mutual Fund Distributer starts. Armed with knowledge on Financial Planning, Net Asset Value and even the Legal Frameworks of Mutual Funds, this career does not demand a lot of qualifications.
Studies show that 85-90 percent of investors use the services of Mutual Fund Agents.
With a simple high school degree, you can be eligible for this course which will prepare you to advise investors on buying and selling of mutual funds.
Any person above the age of 18 years can become a Mutual Fund Distributor or Mutual Fund Agent and a certification as Mutual Fund Expert is the first step towards this career.
Mutual fund investors range from professional organization to low-income individuals who do not have the time and knowledge to observe and learn the market themselves. This is where the job of a Mutual Fund Advisor steps in.
Within 3 months, you can become certified as a Mutual Fund Expert at Aditya Centre of Excellence with the Mutual Fund Expert course.
It also qualified by the National Skill Development Corporation of India (NSDC). With the job role of a Mutual Fund Distributor, one becomes responsible for helping investors make wise investing decisions or carrying out investment transactions.
Your job would include:
- Educating investors on the various types of available schemes in the market.
- Carrying out investment transactions like buying, switching and redemption of Mutual Fund Schemes.
- Informing and guiding investors on the performance of their investments.
A Mutual Fund Distributor may earn from 0.1 percent to 2 percent of the investments depending on the schemes they handle.
According to Association of Mutual Funds in India (AMFI), Mutual Fund distributors received Rs. 6,617 crore as income in financial year 2020-2021. This was 7.6 percent higher than the earnings of the previous year, which shows that a career in this sector is a promising one.
2. Goods and Service Tax Accounts Assistant
The Goods and Services Tax (GST) reform was one of India’s most ambitious tax reforms. Accordingly, it also needs a knowledgeable individual to help businesses and individuals understand the complexities of the law.
Most businesses today prefer to use the services of a third-party consultant because of the complicated invoicing mechanism and return filings that are part of the GST.
A simple 3-month certification in GST can enable you to be employed by businesses and even small traders to avail your services and knowledge in the area.
The course covers all the applied practices of the GST like:
- Registration under GST
- Filing periodic GST Returns
- In-depth accounting, recording of GST transactions for audit purpose
- Making electronic payment of the tax liability
This is an attractive course for holders of B.Com. degree to further their career. Various providers offer free GST certification courses IIM Skills, Udemy, ICT Academy etc. which do not increase your chances of employability in this highly competitive field.
But the GST Certificate offered by Aditya Centre of Excellence is qualified by the National Skill Development Corporation of India (NSDC), giving you validity and legitimacy in this competitive corporate finance job sector.
This also promises you a job as consultant in GST, after covering the following the knowledge areas:
- Basics of Income Tax
- Evolution and fundamentals of GST
- GST and Accounting Package
- GST and Customs Duty
- Integrated GST
- Tax Planning & Management
- Electronic Commerce & GST Portal
An entry level Assistant can earn up to Rs. 10,000 per month while a senior level GST Accounts Assistant can earn a maximum of Rs. 50,000 per month.
3. Loan processing officer
Applying for loans and filing the paperwork can be a headache to the ordinary person. That is where the Loan Processing Officer steps in. This is a profession that looks at loan applications for eligibility and see what is suitable for the business to meet their personal goals.
According to Glassdoor, a Loans Processing Officer, on an average earns up to Rs. 2.45 Lakhs per annum.
The NSDC qualified Loan Processing Officer course by Aditya Centre of Excellence prepares you to take upon this responsible banking job by covering the following skills and more:
- Loan Documentation
- Credit Analysis and Risk Management
- Loan Application Process
- Credit Memorandum
- Soft Skills
- Digital Marketing
This course can be accessed by anyone starting from high school graduates and within the span of 3 months, one can be certified in Loan Processing for individuals and various businesses.
One can also work for a financial institution as a link between the organization and the customers.
Your job responsibilities include:
- Processing loan applications and documentation within specified limits and evaluating its worthiness
- Consult the needs of customer, explore available options and introduce different types of loans
- Interview applicants to find out if they are eligible eligibility and financially feasible for granting loans.
- Stay updated on types of loans and other financial services.
Jobs in Finance Are Not Far Away
Be it consultant jobs, financial advisor jobs or knowledge experts, the finance sector has plenty of opportunities for all people from high school graduates to undergraduate degree holders.
Finance careers can change the career prospects of anyone interested in the field with a knack for people skills.
The BFSI (Banking, Financial Services and Insurance) at Aditya Centre for Excellence offers four major certification courses in:
These are assured to kickstart or further your career in finance right after high school or even after graduation, by preparing you with skills and knowledge to stand a step ahead everyone at your next job interview.
