Anand Tiwari

With what educational qualifications I can become a Finance Manager?

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by Anand Tiwari
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RE: With what educational qualifications I can become a Finance Manager?

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

Acquiring an appropriate professional qualification is the first step towards making a successful career in finance. A bachelor's degree in commerce or economics is a good starting point.

The big three Indian professional bodies offering finance related qualification- chartered accountancy, cost and management accountancy or company secretary allow students to purse their courses after finishing school by enrolling for the foundation stage without having to wait for completing a bachelors degree.

Though the chartered accountancy course has enjoyed wide popularity with those keen on traditional finance, accounting and tax career , ICWA and CS programs have gained popularity over the last few years.MBA in finance or master's programs in finance and control are some other promising career options to consider. In order to widen knowledge and diversify skills , most students opt for two professional courses, a good combination to provide flexibility with career options. Various options of qualifications/ certifications available to candidates

looking to pursue a career in finance are enlisted below:-

CA- The Institute of Chartered Accountants of India, New Delhi
( Main Areas- Accounting, taxation and auditing)

CS- The institute of company secretaries of India , new Delhi
( Main Area- Company law)

CWA- The Institute of costs and works accountants of India

CFPCM- Financial planning standard board, india

CPA- American institute of certified public accounts

CFA- CFA Institute, London

MBA Finance- Management Institutes

Finance at present is one of the fastest growing profession across the world and with a huge demand supply gap in India, the youngsters planning a career in finance have a bright future and can take take advantage of many opportunities coming across in the financial services industry. finance professionals are key to the strategic management and success of the business enterprise. They are often responsible for making investment decisions and determining financial policies for organizations.

RE: With what educational qualifications I can become a Finance Manager?

Jayanta Ghosh
Jayanta Ghosh
Verified Career Expert
Chief Mentor at Waymark Learning Solutions LLP
  • Kolkata
Clear focus , firm mindset , appropriate educational background with commerce stream these are the main ingredients to becoming a successful finance manager . Mainly Chartered Accountancy and MBA ( Finance) both the qualifications have great prospect and opportunity to pursue one's career as a finance manager . Apart from these two qualifications , Cost and works accountancy ( ICWA) , Chartered financial Analysts ( CFA ) , Cost and management accountancy ( CMA ) , Certified public Accountant ( CPA ) some duel professional courses with specialisation of Finance is helpful to widen knowledge and skills .

Through 2012 , employment of financial managers should grow about as fast as the average for all occupations
. Despite expected steady growth that should match growth of the general economy , competition will be keen for position in financial management because there will be probably be more applicants than job openings . employers will look for candidates with expertise in accounting and finance , and will be especially interested in those with a master degree. Beyond these basic qualifications competitive candidates will have strong computer skills, will be familiar with international finance and will have excellent communication skills , since finance managers work on strategic planning teams .

RE: With what educational qualifications I can become a Finance Manager?

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