Finance Career Scope: Jobs, Placements, Salary 2024, Top Recruiters/Companies

Updated on Aug 9, 2024 05:06 IST

Finance careers are in huge demand among professionals in the field. Finance professionals are essential for managing and growing businesses, making investment decisions and ensuring financial stability. Finance courses offer vast opportunities for growth, high earning potential, and a dynamic work environment. With the right Finance course/degree, skills, and experience, finance professionals can thrive in various sectors and roles, contributing significantly to the financial health and growth of businesses and economies.

A career in Finance opens a wide variety of opportunities across different sectors which includes banking, investment management, corporate finance, insurance and consulting. The field requires analytical skills attention to detail and a deep understanding of financial principles and markets. The salary for Finance Professionals at entry-level positions ranges from INR 4.5 LPA to 7 LPA.

The top recruiters of Finance Courses are KPMG, Tata Consultancy Service, Wipro, Deloitte, Amazon, ICICI Bank, Infosys, Microsoft, Reliance Industries Limited etc. To know more about the Finance Career, read the article further.

Table of Contents
  1. Finance Course Career: Quick Facts
  2. Top Career Profiles in Finance
    • 2.1 Government & Private Sector Jobs in Finance
  3. Emerging Trends in Finance Courses Careers:
  4. Scope in India: Jobs, Salary and Further Education
    • 4.1 Courses after Graduation in Finance
    • 4.2 Finance Course Top Recruiters
    • 4.3 Core Industries for Finance Career
  5. Best Finance Colleges for Placements (In India)
  6. Finance Career FAQs

Finance Course Career: Quick Facts

  • The Indian finance industry is expected to grow by 14% by 2027, creating more job opportunities for finance professionals. 
  • A recent FICCI report revealed that domestic financial services have the potential to create around 50 lakh new jobs in the next ten years. The Gujarat International Finance Tec-City (GIFT City), which is set to become India's top Global Financial Hub with a projected cost of US$ 11 billion, will play a crucial role in expanding the global financial ecosystem.
  • The contribution of the financial sector to the GDP of the Indian Economy is around 6% as of FY2016-17.

Top Career Profiles in Finance

Finance is the fastest-growing career option as Finance is needed in every business industry be it Corporate Sector, Consultancy Firms, Banks and Financial Institutions, Insurance Companies etc. Now let's examine a few industries that offer a diverse range of employment options.

Government & Private Sector Jobs in Finance

Some of the government Finance jobs that students can go for after the completion of Finance courses are mentioned below.

Job Profile

Job Details

Average Salary

Bank Branch Manager

 

Responsible for managing the operations of a bank branch, including staff, resources, and customer service. They also work to grow the branch's revenue and meet business targets.

INR 12 LPA

Mutual Fund Advisor

 

Analyses current finances understands investment goals, and guides to invest in the best mutual fund.

INR 5 LPA

Credit Manager

 

Manages a company’s credit-granting process

INR 9LPA

Deputy Manager in Finance

Responsible for financial planning, budgeting, forecasting, and analysis to drive business growth.

INR 11 LPA

Credit Research Analyst

Responsible for researching an individual’s or company’s credit history and financial information.

INR 8 LPA

Note: The average salary has been take from Glassdoor.co.in

Emerging Trends in Finance Courses Careers:

  1. Fintech Integration: Increasing demand for professionals skilled in financial technology (Fintech) due to innovations like blockchain, cryptocurrencies and mobile payments.
  2. Data Analytics and AI: Growing importance of data analysis and artificial intelligence in financial decision-making, risk management and personalized financial services.
  3. Sustainable Finance: Rising focus on Environmental, Social, and Governance (ESG) criteria leading to careers in green finance and sustainable investing.
  4. Cybersecurity: As financial services become more digital there is a heightened need for cybersecurity experts to protect sensitive financial data.
  5. Regulatory Technology (RegTech): Development of technologies to help firms comply with the regulatory requirements more efficiently creating opportunities in compliance and risk management.
  6. Remote Work and Digital Nomadism: Flexibility in working arrangements is increasing with many finance roles now offering remote or hybrid work options.
  7. Financial Advisory and Planning: With an aging population and complex financial products there is a growing demand for financial advisors who can provide personalized retirement and investment planning.
  8. Behavioral Finance: Understanding the psychological factors influencing financial decisions is becoming crucial leading to roles that combine finance with psychology.

Scope in India: Jobs, Salary and Further Education

Graduates in Finance courses have great placement prospects in both domestic and International markets. Prominent universities and business schools usually have robust placement departments that support networking events, industrial internships, and recruitment efforts. Common job roles for finance graduates include:

Job Profile

Job Details

Financial Analyst

Analyzes financial data and trends to assist in decision-making.

Investment Banker

Advises clients on mergers, acquisitions and capital raising.

Portfolio Manager

Manages investment portfolios to maximize returns for clients.

Corporate Finance Manager

Manages a company’s financial activities, including budgeting, forecasting and strategic planning.

Risk Manager

Identifies and mitigates financial risks within an organization.

Credit Analyst

Assesses the creditworthiness of individuals or organizations.

Wealth Manager

Provides financial planning and investment advice to high-net-worth individuals.

Insurance Underwriter

Evaluates risks and determine insurance policies.

Note: The average salary has been take from Glassdoor.co.in

Courses after Graduation in Finance

Professionals in India with a degree or job in finance have various options to advance their professions and areas of expertise.

Following are some of the options, applicants may choose to pursue after graduating from Finance related course:

Courses

Description

Chartered Accountant

This certification is recognized in many countries and focuses on accounting, auditing, and taxation

Master of Business Administration (MBA) in Finance

An MBA with a specialization in finance provides a broad understanding of business management with a focus on financial management.

Post Graduate Diploma or Master’s Degree

Specialized programs in areas like financial engineering, investment banking, financial markets, or corporate finance.

Actuarial Science

For the students who are interested in the insurance and pension industry, actuarial science focuses on risk assessment and management.

Finance Course Top Recruiters

One of the most interesting fields to work in is finance since applying the concepts provides measurable financial benefits. Finance degrees lead to profitable, well-paying, and reputable careers in banking, fintech, and investing. For this reason, the majority of experts consider finance to be one of the most desirable job paths. There are several big Organizations and companies that offer employment to graduates of finance background which are listed below:

Finance Courses Top Recruiters

Deloitte

LIC

JP Morgan

ICICI Bank

Punjab National Bank

Ernst & Young

HDFC

Morgan Stanley

Core Industries for Finance Career

A career in finance offers vast opportunities for growth, high earning potential, and a dynamic work environment. These job profiles that offer a good salary package for the Finance Graduates. Candidates can take a look at the table below to find out some top job sectors:

Job Sector

Details

Banking and Financial Services

·       Commercial banks

·       investment banks

·       credit unions

·       non-banking financial companies (NBFCs).

Insurance

·       Life, health and general insurance companies

Investment and Asset Management

·       Mutual funds hedge funds, private equity firms Asset management companies.

Corporate Finance

·       Finance departments of large corporations

Consulting

·       Financial consulting firms

Accounting and Auditing

·       Accounting firms

·       Audit firms

Government and Public Sector

·       Regulatory bodies

·       Public finance management

·       Policy advisory roles.

Real Estate

·       Companies focusing on property management, real estate investment, and mortgage financing.

Retail and Consumer Goods

·       Financial roles in budgeting, forecasting, and financial analysis to support business operations.

Education and Research

·       Academic institutions

·       Research organizations

·       Think tanks focusing on finance-related studies and policy research.

Note: The information is taken from external sites and may vary.

Best Finance Colleges for Placements (In India)

There is a plethora of Best Colleges in India which consist of IIM Bangalore, IIM Calcutta, Jamia Millia Islamia, Christ University etc. These Universities are known for their rigorous Finance curriculum, excellent faculty and experiential learning opportunities. Here is the list of colleges:

Finance Collages

Average Salary

IIM, Bangalore

INR 35.31 LPA

IIM, Calcutta

INR 35.7 LPA

Jamia Millia Islamia, Delhi

INR 10.2 LPA

Amity University, Noida

INR 5.5 LPA

Christ University, Bangalore

INR 9.12 LPA

S P Jain Institute of Management and Research, Mumbai

INR 31.50 LPA

Note: The information is sourced from the official/counseling body and may vary.

Finance Career FAQs

Q. Which are the best Finance courses in India?

A. Some of the top finance courses in India are listed below:

  • Chartered Accountancy(CA): This is one of the most common study programs in the field of Finance. CA exams are organized by the Institute of Chartered Accountants of India. One needs to pass three levels of exams which are CPT, IPCC and CA-Final.
  • MBA or Masters of Business Administration in Finance: MBA trains students for leadership roles in financial corporations, government and healthcare industries. It is a 2-year study program.
  • Chartered Financial Analyst(CFA) Certification: The 'Chartered Financial Analyst' (CFA) program is a professional credential offered by the CFA Institute for Investment and Financial Professionals. A candidate who successfully completes the program and meets other professional requirements is awarded a ‘CFA charter’ and becomes a ‘CFA charter holder’.
  • Masters of Commerce in Finance:Com in Finance is a postgraduate finance course that one can pursue from any recognized institute in India. It is a 2-year degree program.
  • Certified Financial Planner: The Certified Financial Planner certification education program is designed specifically for high-achieving business professionals, and career changers who are looking to enhance their education without interrupting their careers. The program’s innovative course content, faculty interaction and learning environment help you apply your knowledge and skills to problems professionals face in today’s marketplace.

Q. What course should I take to earn a high income in finance?

A. There are many courses you could take to earn a high income in finance, but the best course will depend on your specific interests and career goals. Here are some options like:

  • Finance Bachelor's Degree: If you want to work in the financial industry, getting a finance bachelor's degree is a wonderful place to start. You will gain a strong foundation in finance principles and ideas, such as corporate finance, investment management, and financial analysis, with this degree.
  • Master of Business Administration (MBA): For individuals who wish to work in finance and make a lot of money, an MBA with a finance concentration is a popular option. Obtaining this degree can lead to possibilities for senior-level careers in finance and give you with advanced understanding of corporate strategy and finance.
  • Chartered Financial Analyst (CFA): For those working in finance, the CFA qualification is an internationally recognized title. To obtain this certification, candidates must complete a battery of tests covering subjects like portfolio management, financial reporting, and investment analysis.

Your course selection should be based on your interests and ambitions.

Popular Finance Colleges in India

Following are the most popular Finance Colleges in India. Learn more about these Finance colleges (Courses, Reviews, Answers & more) by downloading the Brochure.
1.2 L - 1.35 L
2 Courses
6.93 L - 24.2 L
25 LPA
5 Courses
85 K - 13.9 L
3.5 L - 20.5 L
27 LPA
4.1 L - 6.45 L
33.67 LPA

Popular Private Finance Colleges in India

1 Course
4.69 L
2.8
2.26 L
4.17 LPA
10.5 L
3.9

Finance Applications open. Apply Now

2 Courses
7.75 L - 11.5 L
11.5 LPA
2 Courses
13.75 L
4.3

Finance Applications open. Apply Now

Popular Finance UG Courses

Following are the most popular Finance UG Courses . You can explore the top Colleges offering these UG Courses by clicking the links below.

UG Courses

Popular Finance PG Courses

Following are the most popular Finance PG Courses . You can explore the top Colleges offering these PG Courses by clicking the links below.

PG Courses

Popular Exams

Following are the top exams for Finance. Students interested in pursuing a career on Finance, generally take these important exams.You can also download the exam guide to get more insights.

19 Dec ' 24

CAT 2024 result announcement

3 Dec ' 24 - 5 Dec ' 24

CAT 2024 answer key challenge

12 Apr ' 25

SET 2025: Last date of Registration and fee payment

25 Apr ' 25

SET 2025 admit card availability (Test 01)

25 Dec ' 24 - 10 Feb ' 25

MAH CET 20245 registration process

Mar '25

MAH MBA CET 2025

TENTATIVE

31 Jan ' 25 - 2 Feb ' 25

CMAT 2025 Answer Key Release and Challenge

25 Jan ' 25

CMAT 2025 exam date

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Student Forum

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Answered 3 days ago

There are several government and semi-government institutes that provide undergraduate degree programs in banking and finance in Delhi. Here are some notable ones:
 *College* | *Program* | *Type* | *Entrance Exam* | *Eligibility* |
|-|-|-|-|-|
| *Shaheed Sukhdev College of Business Studies (SSCBS)* | B

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Shejal agrawal

Contributor-Level 10

Answered a week ago

There are many ways to finance a project. Here are some common methods:

  1. Using Cash Flow: If a company is already making a profit, it can use its own earnings to fund a new project without borrowing money.
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Rashmi Karan

Contributor-Level 10

Answered a week ago

There is lots BBA finance college in Mangalore like -:

• st Aloysius College 

•yenepoya university

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Mohd saik

Beginner-Level 2

Answered a week ago

This programme offers rewarding career opportunities in the financial services industry. DCU Finance graduates can find jobs in financial markets and institutions, especially in investment banking and asset management, or in the risk management and corporate finance functions of corporations, as wel

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Misha

Contributor-Level 10

Answered a week ago

Applications for MSc in Finance programme at DCU will be accepted on a rolling basis until the programme is full or until:

  • Closing date for Non-EU applicants is 1st July 2025
  • Closing date for EU applicants is 30th August 2025 

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Misha

Contributor-Level 10

Answered a week ago

The application deadline for the MBA Finance programme at Christ University for the 2025 academic session was January 26, 2025. As today is January 27, 2025, the application period has concluded. For the most accurate and up-to-date information, please refer to the official Christ University website

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Triloki sah

Beginner-Level 4

Answered a week ago

KIM, Harihar - Kirloskar Institute of Management, Harihar BBA AAA+

JSS Academy of Higher Education and Research, Mysuru BBA Hospital and Health Systems Management AAA+

ISME Bangalore - International School of Management Excellence, Bangalore BBA AAA

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Prakhar Suman

Beginner-Level 2

Answered a week ago

St. Philomenasl's college

University of mysuru

Yuvaraja college

Maharaja's college

Seshadripuram college

Karnataka state open university 

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Debjeet Rabi Das

Beginner-Level 1

Answered 2 weeks ago

Mentioned below is the admission procedure for MSc Finance at Trinity College Dublin:

Step 1: Go to the 'Trinity College Dublin Course' and find the course you wish to study.

Step 2: Check the programme and English language requirements before applying.

Step 3: Upload additional documents, test scores,

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Shiksha Jain

Contributor-Level 6

Answered 2 weeks ago

BBA Finance Colleges in Karnataka:

  1. Christ University, Bangalore
  2. Mount Carmel College, Bangalore
  3. Jyoti Nivas College, Bangalore
  4. St. Joseph's College of Commerce, Bangalore
  5. RV College of Management, Bangalore
  6. BMS College of Commerce and Management, Bangalore
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Gaurav Tanwar

Contributor-Level 7

Answered 3 weeks ago

More than country it is b school brand that is relevant. 

In terms of exposure and job market UK and US MBA are equally placed but UK MBA has more acceptability in European countries. 

 

Both are equally good so you can give preference to brnad value and cost. 

 

 

78592464
Dinesh upadhyay

Scholar-Level 16

Answered 3 weeks ago

The table below includes the list of top 10 UK universities to study MBA in Finance:

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Satyendra Rastogi

Contributor-Level 6

Answered 3 weeks ago

UK is the home to over 100 top Universities for MBA in Finance courses. They all offer quality education with better job opportunities to students. Completing the MBA degree from popular UK Universities is valid worldwide. Mentioned below are the top universities for an MBA in Finance in the UK:

L

Lalit Gulati

Contributor-Level 6

Answered 3 weeks ago

MBA in Finance in UK fees vary between INR 9 L and INR 50 L and more for first-year. Many universities in the UK offer the course for less than INR 20 L for the first-year. The table below includes the list of universities to study MBA in Finance in UK with first-year fees:

Universities in UKMBA in Finance First Year Fees
University of ManchesterINR 24.95 L - 38.22 L
Imperial College LondonINR 43.43 L - 49.8 L
The University of EdinburghINR 25.48 L - 41.94 L
University of LincolnINR 16.88 L - 17.84 L
University of KentINR 17.2 L - 21.24 L

78592422
Chandra Shekhar

Contributor-Level 10

Answered 3 weeks ago

The United Kingdom is the home of world-ranked universities that offer quality MBA courses in multiple specializations. MBA In Finance in UK is among the most popular specialisation among students. UK Universities offer quality MBA course in Finance at a affordable cost. These universities also rank

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Manori Khandelwal

Contributor-Level 6

Answered a month ago

The MS in Quantitative Finance at Ahmedabad University prepares students for a wide range of career opportunities in the financial sector. Some of the key career paths include:

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  2. Risk Manager: Identifying a

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Rupesh Katariya

Contributor-Level 10

Answered a month ago

The cost of pursuing MS in Finance in Germany depends upon the type of university you are enrolled in. If you get admitted in a public university in Germany, you won't have to pay any tuition fee. However, at the start of every academic year, you will be required to pay a semester fee ranging betwee

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Raushan Kumar

Contributor-Level 10

Answered a month ago

On a usual basis, the graduates of Master's in Finance Germany earn EUR 48,000 (INR 44 L) to EUR 66,000 (INR 60 L) per annum. Note that this salary is expected to grow every year, based on your skill set and performance. Some of the job roles that you can take up are Accountant, Chief Financial Offi

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Raushan Kumar

Contributor-Level 10

Answered a month ago

No, GMAT is not required for pursing Master's in Finance in Germany. If you are an international student who desires to pursue Finance in Germany, you will have to meet the eligibility criteria listed below:

  • Bachelor's degree from a recognised university/college (in relevant field);

  • GPA of 3.0 and abo

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Raushan Kumar

Contributor-Level 10

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Yes, an MBA in Finance makes students eligible to apply for government jobs. There are many such jobs available in the public sector that require the knowledge and skills gained during an MBA from Vel Tech. Tabulated below are some of the prospective government jobs along with their average salaries

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Shailja Rawat

Contributor-Level 10

Answered a month ago

Queen Mary University of London ranks at 151 for its Finance course. The MSc in Finance fees at the university is around INR 34 L for first-year. Therefore, yes QMUL London is a good choice to study MSc in Finance in the UK

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Satyendra Rastogi

Contributor-Level 6

Answered 2 months ago

The fee for an MBA in Finance at Prestige Institute of Management, Indore (PIMR) is around INR 1,50,000 per year. The college offers a wide range of resources and infrastructure, such as well-maintained classrooms and campus facilities, to enhance the learning experience. Additionally, admissions ar

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Shiv Kumar

Contributor-Level 10

Answered 2 months ago

ISBF offers a PGP Finance programme to the eligible students. In order to get into the course, candidates must clear the prescribed criteria. The basic eligibility is to pass graduation from a recognised university. Additionally, freshers or those with a work experience of a minimum of six months wi

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Virajita Sharma

Contributor-Level 10

Answered 2 months ago

Institutions that offer management quota seats or direct admissions allow students to enroll in MBA Finance programs without passing an entrance exam. Here's how:

Direct Admission Colleges: Students are admitted to certain private universities and colleges based on their undergraduate academic perfor

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Ravi Babu

Contributor-Level 10

Answered 2 months ago

To develop strong quantitative skills for MBA in Finance, you need to focus on following path:

Practice with real data: You can analyze datasets, financial models or statistical problems. For this you can use open datasets from resources like Kaggle or Google Dataset Search etc.

Learn project manageme

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Pallavi

Contributor-Level 10

Answered 2 months ago

In MBA Finance Personal Interview you will be asked the following questions:

  1. Tell me about yourself
  2. Why did you choose finance as your specialisation in MBA?
  3. What do you know about our company and its financial operations?
  4. How do you stay updated with the latest financial trends and news?
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Pallavi

Contributor-Level 10

Answered 2 months ago

Aspirants who have passed BCom, MCom, ICMI, CA (Inter), MBA (Finance) or graduation degree or equivalent with at least 50% aggregate are eligible to apply for IIHMR Delhi Executive PG Diploma in Public Health Financial Management. Additionally, aspirants must also have at least five years of continu

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Nishtha Shukla

Contributor-Level 10

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