When it’s a question of saving our hard earned money, there are basically two types of options to keep it safe. Firstly, put it under your mattress and secondly, keep in your bank and opt for schemes which ensure a good return. Obviously, whenever you meet a financial advisor he will make sure that you should meet your financial goals both short and long term. His advice will definitely discourage you to put money under the mattress. A financial advisor will provide investment, insurance, and retirement plans to clients but before that, it’s essential to have a skilled network.
Being a financial advisor in India is like attaining the highest strata of a career ladder for an aspirant. It’s truly lucrative in terms of salary and perks. The advantage of being a financial planner is that you might work with a company as well as start you own business as a consultant. Basically, there is no retirement in this field. After successful completion of the financial planner course, you can become a financial analyst. Aspirants who are from the profession like chartered accountant, cost accountant, company secretary and MBA (finance) can opt to be a financial advisor.
Are you aspiring to be a financial advisor? Perhaps you have chosen the best track of career which and it’s going to be hugely rewarding. To be a financial advisor your job will be to make a financial plan for your clients thereby guiding them how to earn maximum out of investing a considerable amount of money. A professional having a fair idea of all subjects in finance will be the best person to advice. But your role does not end over here because you will be called for execution if the same or might be asked to give advice if everything does not go well.
What is the work of a financia
Financial advising being a comparatively new field in India, the demand -supply curve is not appropriate. Supply is being lesser than demand. Forecast says that there will be a huge requirement of professionals in the near future. Unlike any other profession like medical or engineering, a certified financial planner is supposed to have a concrete knowledge in both personal and corporate financial aspects. Aspirants from various fields might be recognized as financial advisors like- chartered accountants, MBA (finance), fund managers and company secretaries. Suggesting on tax savings and other
Good question asked.
But before I answer your question separately, please note both the fields Economics and Finance are well inter related to each other.
Just like Finance, Economics majorly deals with Math and statistics concepts. Hence an Economics Graduate could work in the financial sectors like Banks etc.
As an Economics Graduates, you could find opportunities in both private and public sector as well as government offices. Some opportunities includes:
Statistician: They are the ones who count the statistics o the population and sensex in government agencies
Given below is an over view on chartered financial analyst.
What is Chartered Financial Analyst ?
If you’re interested in portfolio management, investment research, advisory services, or investment banking, this may be the right career for you. One of the objectives is to deepen insights into practical applications of financial analysis in a dynamic business environment.
The CFA Programme includes current and evolving concepts, techniques and applications. The CFA Programme has five focus areas:
Financial Markets, Analysis and Valuation, Portfolio Management, M
Hello Dear Aspirant,
A warm welcome to Career Guide.com
Thanks for visiting us and writing us your career query.
Congrats for being topper in the 12th!!!
It’s good to hear that you have been aspiring to make a career in UPSC. Students who wish to serve the society for them UPSC is one of the best career options that have always been. Civil Services have been always one of the preferred career options these days by the students. Every year there are many career opportunities in the civil services. In order to make a career in the Civil Service one needs to give an Civil Service Exam which
Studying degree and PG courses through distance mode would allow people not only to continue, Besides these courses, IGNOU and other well known Open Universities in India are, opens up a wide variety of job opportunities in the fields of finance, management theory and practice, basic business statistics. Thus, there are many institutes like the BLB Institute of Financial Markets have launched short-term job. You can visit IGNOU's website to select a certificate/ diploma course that suited to you, regarding short term courses in Finance through the distance le
: Tax planning, costing and its preparation are a critical part of the overall financial planning services we provide. Many financial decisions have a tax component that will potentially impact the advisability of a course of action. The proper management of your tax liability can have a positive effect on your cash flow, investment returns and retirement income.
Some of the often overlooked strategies that our firm considers throughout the tax planning process include:
Evaluating securities for tax efficiency.
Tax implications of investment placement in retirement vs. non-retirem
This is a common question in many of the interviews which interview candidates face. This is where a candidate has to show his intelligence As per my suggestion is to prepare some content to answer this question before actually attending the interview. Before answering this question, know yourself the responsibilities that you have to undertake if you join in that job. Along with that, know the skills that are required to perform well in that job by completing the various kinds of talks in the assigned time. After knowing this, check your strengths, whether you have all the strengths for the
As the counselor Prathamesh Sir has listed down various opportunities where you can opt for an internship program.
But please note that as a fresher, you would not be directly handling financial portfolios.
Even after you Graduate, companies would initially put you into the accounting role and after few years of experience you would get your desired job role.
Thus as an intern, please do not be choosy about the role you have been assigned to, rather be clear what all you wish to learn and gain experience in and do insist on it.
By the way, your internship experience will add