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Why Does PGDM In Finance Attract Higher Salaries?

Published on November 17, 2022 | Leave a response

Why Does PGDM In Finance Attract Higher Salaries?

It is impossible to overstate the significance of finance in a company organisation; it is the driving force behind every enterprise. However, financial issues in huge corporations are exceedingly convoluted and jargonized for the average person. Anyone who does not have sufficient exposure to or knowledge of financial issues will not be able to comprehend the complexities involved. A PGDM in Finance is designed to help organisations overcome these challenges by giving business management professionals the abilities they need to handle such issues.

One of the most sought-after professional specialisations in recent years is financial management. A PGDM degree is structured in such a way that you are exposed to a wide range of topics relating to capital and money, including stock trading, money markets, insurance, banking, credit, investments, and many more.

What Does It Cover Exactly?

When we discuss finance, we don’t only mean accounting and taxation, which are two distinct aspects of finance. Finance includes markets for money and capital, stock trading and investments, banking and merchant banking, insurance, credit, and many other related fields. All these topics are covered in a PGDM with a finance specialty, which gives students the information and abilities they need to make decisions regarding finances in an organisation. A PGDM in finance offers financial expertise and is multidisciplinary. Let you investigate accounting procedures, financial system analysis, and a lot more. Along with learning company administration and in-depth financial products and processes, you also acquire tools.

Here are a few explanations why a PGDM In Finance Attract Higher Salaries

Opportunities in the financial sector are limitless and evergreen because it is crucial to any organization’s survival. Finance specialists are always needed, regardless of the size of the organisation, whether it is a startup or an established one.

Finance experts support an organization’s ability to manage its finances, plan expenditures, provide financial projections, and support the organization’s ability to take advantage of opportunities by understanding the associated risk and return.

Marketing and finance are the two most sought-after specialisations among all the available fields. There is a high demand for management professionals that specialise in these fields.

With a PGDM, one can work in banks as a bank sales officer, executive manager, CNC operator, probationary officer, educational institutions as a student counsellor, curriculum developer, education policy developer, college marketing officer, export companies as a commercial manager, non-profit organisations as a product quantity officer, senior finance analyst, and marketing positions as an assistant manager, sales coordinator, marketing executive, among others..

So, in a word, there are positions available in every department of a corporation.

PGDM professionals in banks are responsible for maintaining a healthy relationship between a company and its consumers. There are PGDM bank positions accessible, including bank sales officer, relationship manager, and executive manager. The table below displays the various job profiles and their average annual pay.

Job Role  Salary
Bank sales officer INR 3 LPA
Probationary officer  INR 4 LPA
CNC Operator INR 1.92 LPA
Executive Manager INR 5 LPA
Operation manager INR 8 LPA

 

Since management is an evergreen field, qualified applicants will never lack for job prospects. And because of this, majoring in finance is a wise career choice. Your exposure to and experience in this industry will grow over time, making you a great asset to potential employers. As a result, you will become more in demand, and employers will be willing to pay you more to work for them.

Without finance, no organisation can continue to exist. Organizations of all sizes are constantly searching for experienced and competent finance specialists, regardless of the sector or field. Regardless matter how established the company is, it requires finance professionals that can handle finances, plan expenses, and give the company financial predictions to aid in making successful decisions. So, if you’re seriously interested in creating a profession out of it, you should enrol in a reputable management college for a PGDM in finance.

No matter where they travel or what sector they work in, qualified finance experts are compensated highly. Finance professionals are typically in a position to earn a good living, yet salaries do depend on and vary by company. To stay competitive and command greater compensation than your peers, you need to keep up with current developments in addition to earning a degree in financial management. This is true in practically every field.

However, for your Post Graduate Diploma in Finance, you should pick the appropriate business school. A successful career in business finance depends on having access to contemporary course materials and the required industry interaction. So, these are a few of the evidence in support of choosing to pursue a profession in finance. Get yourself accepted to study finance at a reputable university like Indira School of Business Studies ISBS PGDM. However, if you select ISBS as your management college, you can be confident that you will receive a high-quality education from instructors who are certified and experienced, have excellent facilities for learning, and have a history of successful placements.

Posted in: PGDM (AICTE Approved) Admission 2020

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