Priyanka Roy

What are the necessary skills required as a fresher to get a decent job as a Financial Planner?

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RE: What are the necessary skills required as a fresher to get a decent job as a Financial Planner?

Alok Agrawal
Alok Agrawal
Verified Career Expert
Mananger at Etoe Group/Career Counselor
  • Bangalore

A Financial planner is a person who is responsible for the proper management of the funds, finance of an organisation.

The necessary skills or key areas to improve are as follows:

  • Planning and strategy implementation: Here you need to do planning and strategy formulation for the company financial requirements and fundutilization.

  • Investments: You need to know about the investment trends and options, to better invest the money and make sure the money invested will be profitable and will be generating funds for company.

  • Inflow and Outflow planning: Better planning of inflow and outflow of the fund and utilizing the funds in such a manner which will be fruitful for the company growth and performance. To meet all the expense and expenditure proper planning of fund is necessary.

  • Future projections and plans: You need to know how to do prepare future plans and projections afteranalyzingallthe aspects like market condition, prevailing trend etc.

  • Debtors and Debt management: debtors and debt management is a very important part and needs to be done and manged carefully otherwise the company will face big problem in meeting allliabilities.

  • PortfolioManagement: Portfolio management means managing all the funds of the company and designed a proper profitable portfolio of the company, to make sure the rate of return is fast and secure.

  • TaxKnowledge: Tax is an important aspect for all company and its very crucial to have keen knowledge about tax practices and legal obligations about the same. So that in future no problem comes and also needs to see how to minimize the tax obligations.

  • Internal and external Audits: Audits plays an important role in all company and its important for a planner to know about it than only he can plan the things better and come up with bettersolutions.

All these are very important areas to focus to be a good financial planner. Certified financial planner have more scope and opportunity and are more in demand as compared to other financial planners. As after undergoing a course in Financial planning and getting certified training they will have better understanding and knowledge than other financial planners. As to get certified they have to undergo lot of examinations and training, increase ability to handle the pressure.



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Reena Saxena

Founder - ReInventions (Professional Banker, Career & Image Coach

Reena Saxena comes with 25+ years experience in the BFSI sector. She holds a MMS(Finance) from Symbiosis Institute of Business Management, Pune and professional certifications in Banking, Coaching and Training. She has switched careers to being a Career & Financial Coach, through her initiatives ReInventions. and MoneyGoalz.

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Mrs. Meghna is a Postgraduate in clinical Psychology. She had been a part of several workshops related to Personality Enhancement, Counseling, Child and Adolescent Psychiatry, Therapy, Hypnosis for self Healing etc. She works at Adaptive Mind as freelance counselor and had worked as an executive counselor at Growth Centre, School Counselor at Billabong High International School, Sri Sri Ravi Shankar Vidya mandir. Her areas of expertise include Human Resources Management with Clinical Psychology. Currently working as a Brain mapping analyst

Caching Date: 4/25/2024 4:40:16 AM