{"id":793,"date":"2018-03-18T14:52:25","date_gmt":"2018-03-18T09:22:25","guid":{"rendered":"http:\/\/iilm.edu\/iilm-lucknow\/blog\/?p=793"},"modified":"2025-03-19T07:39:49","modified_gmt":"2025-03-19T07:39:49","slug":"5-ways-to-make-career-in-finance","status":"publish","type":"post","link":"https:\/\/iilm.edu\/iilm-lucknow\/blog\/5-ways-to-make-career-in-finance\/","title":{"rendered":"5 Steps to a Career in Financial Services Industry"},"content":{"rendered":"

5\u00a0 Steps to a Career in Financial Services Industry<\/h1>\n

Introduction<\/strong><\/p>\n

Innovation and novelty drive the modern world. A decade ago career choices were limited to doctors, engineers, lawyers and government jobs.<\/p>\n

Most sought after jobs today didn\u2019t even exist five years ago, and what may exist 10 years down the line, is quite enthralling in itself. Most B-schools these days offer PGDM courses in several streams that are customized to the present-day needs of the industry. These courses are well accepted by most companies and therefore attract a large number of students. This article will introduce us to the ways one can enhance the chances of recruitment in Financial Sector while doing PGDM \/ MBA in Finance. The various skills and certifications which can give a boost to the career in Finance are also discussed.<\/p>\n

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Ways in Which Management Students Can Make Their Career In Finance.<\/strong><\/h4>\n

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\u00a0<\/strong><\/p>\n

I. Use your existing skills and experience as per the requirement of the industry<\/strong>.<\/h5>\n

There are various entry-level gateways in any domain of finance, be it Insurance, Mutual Fund, Banking etc and they are all different, so it\u2019s important to know where you want to go as early as possible. This will help the aspirant to target the job search documents, choose which employers to target and plot out their career path accordingly.<\/p>\n

From here one can figure out how the skills and experience might transfer to that type of role.<\/p>\n

Always remember that all the experiences are related. If one has work and volunteer experiences in retail, food service or camp counseling, then don\u2019t think that they aren\u2019t applicable to the Finance industry. \u201cBelieve it or not, they are. \u201cThe customer service and problem-solving involved in each of these is definitely something one can use in any industry area.<\/p>\n

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II. Work toward attaining professional certifications.<\/strong><\/h5>\n

Certifications and licenses are dependent on the role in which the candidates are interested in, but students should consider taking two or more courses toward the add-on certifications in each area they wish to join in. Below is a list of certification which freshers can plan to prepare and score in for the desired job placement.<\/p>\n

Finance aspirants can power their career with the help of following certifications.<\/strong><\/h4>\n\n\n\n\n\n\n\n
S.No<\/strong><\/td>\nIndustry<\/strong><\/td>\nCertification<\/strong><\/td>\n<\/tr>\n
1<\/td>\nMutual Fund Industry<\/td>\nNISM Certifications<\/td>\n<\/tr>\n
2<\/td>\nNon Banking Financial Companies<\/td>\nNCFM Certifications<\/td>\n<\/tr>\n
3<\/td>\nBanking Industry<\/td>\nFLIP Certifications<\/td>\n<\/tr>\n
4<\/td>\nInsurance Industry<\/td>\nInsurance Institute of India Examinations<\/p>\n

 <\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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  1. NISM Certifications<\/strong><\/li>\n<\/ol>\n

    NISM helps the market participants of India to develop their financial skills to the right level and expertise. This helps them to provide high-quality service and actions to anyone who wishes to invest in the financial markets. With the knowledge gathered through various courses and certifications conducted by NISM, they are able to help the investors to make informed decisions about how to invest their money.<\/p>\n

    Modules in which freshers can appear are:<\/p>\n