Ashish Verma

What are the things that every Finance Manager must do in day to day life?

Please explain every point

by Ashish Verma
1 answer
| Share :

1 answer

RE: What are the things that every Finance Manager must do in day to day life?

Preeti Taneja
Preeti Taneja
Verified Career Expert
Head Guidance & Counselling at Project Wisdom, CSR initiative of Canam Consultants Limited, Chandigarh
  • Chandigarh

There are various career options for the person with specialization in finance and their day to day tasks varies as per the expertise:

Investment Banking- Investment banking comprises to major businesses. One is the advisory/ corporate finance role which entails mergers and acquisitions. This would entails understanding valuations, finding targets, negotiation and compliance with legal regulations. The second role is what is more popularly called equity markets role. This entails helping raise funds from investors or the public. So it may involve working on IPOs or institutional offerings.

Corporate Banking- his role entails the entire plethora of banking services required by corporate. Corporate can be divided into largely two sections , large corporate and MSME which is medium and small enterprises. A corporate banker would thus have companies as his clients and serve them.

Fund management- As a fund manager , one is an important decision maker typically at mutual fund. The fund manager has a good overall understanding of macro factors which affects the markets as well as the micro factors about which company to invest in. He invests money in stock market , debt market , directly into companies etc depending upon his fund mandate.

Equity research & sales- The role of equity research is to find out the correct vale of the stock which is trading on the stock exchange doing various types of research namely fundamental and technical analysis.

Project Finance & Loan Syndication- His role entails arranging for long term finance for infrastructure and industrial projects which will take long time to pay back. The first step is to understand the project, conduct a feasibility study, risk assessment and a detailed financial model. This is done with the purpose to rope in equity partners and lenders.

Financial Risk Management- Financial risk management is the practice of creating economic value in a firm by using financial instruments to manage exposure to risk , particularly credit risk and market risk. Similar to general risk management , financial risk management requires identifying its sources, measuring it and plans to address them. it focuses on when and how to hedge using financial instruments to manage costly exposures to risk. In the banking sector worldwide, the Basel accords are generally adopted by internationally active banks for tracking, reporting and exposing operational , credit and market risks.

Wealth Management- High net worth individuals, small business owners and families who desire assistance of financial advisory specialist call upon wealth managers to coordinate retail banking, estate planning , legal resources, tax planning and investment management.

In order to post replies to the question: "What are the things that every Finance Manager must do in day to day life?"

Post Reply


Qualification needed for Dietician course? What is the maximum age required?

Maximum age required .. read more

Is it possible to apply for NEET medical entrance exam? I am doing BSc Biochemistry

Yes, it is definitely possible. The NEET Entrance Exam gives an opportunity for not only the students who just pass out from the schools but also to t .. read more

Is it important to give IIT JEE exam immediately after 12th

No, it’s not compulsory to appear in JEE Main Exam just after qualifying in 12th class. But there will be only one drawback that you will lose a .. read more

what all should i do after 10th to be in aviation

 which subjcts should I take after 10th?   .. read more
Most Popular

What are the most interesting things I can do while working as a Computer Engineer?

Being a Computer Engineer, you can do many interesting things in your life. Here are few things: Involve in Opensource projects - This Really is Actu .. read more

How is the typical day of a Interior Designer?

An interior designer is an artist who designs or decorates interior of a home through his creativity. Every designer has a basic routine that is like .. read more

what to do after polytechnic

engineering .. read more

Internship for economics honors students...:)

Hello, The UGC NET Exam is going to be the best career options for you if you have interest in Economics Subject The exam is conducted every year for .. read more
Caching Date: 3/24/2018 11:35:33 PM