Introduction to Financial Management Course:
Financial management refers to effective manner of utilizing money in order to fulfill organization needs. It is the activity of management which involves planning, procuring and controlling the financial resources. Financial managers need to make a report on funds needed both in long run and short run. If you are interested in accounts, finance and economics then this is the best career option for you. The present financial managers now do more data analysis and advise senior managers on ways to maximize profits.
After completion of training you can start working in any organization as accountant or auditor. Financial managers concentrating in accounting may also become a Certified Public Accountant (CPA) or a Certified Management Accountant (CMA). You need to have analytical, communication skills more importantly math skills to become an expert in this field.
You need to qualify class XII exam so that you can pursue Bachelor’s degree and if you opt for a Master’s Degree then you will have good future prospects.
Colleges and Institutes offering Financial Management Course in India:
These are the top colleges in India which provide a deep insight about Financial Management Course:
- Indian Institute of Management, Ahmedabad(IIM A)
- Indian Institute of Management, Calcutta(IIM c)
- Indian Institute of Management, banglore(IIM B)
- Xaviers Labour Research Institute Jamshedpur(XLRI)
- Jamnalal Bajaj Institute of Management Studies, Mumbai(JBIMS)
- Indian Institute of Management, Indore(IIM I)
- Indian Institute of Management, Kozhikode(IIM K)
- Indian Institute of Management, Lucknow (IIM L)
Future in India:
Every private or government organization needs a financial manager to cater the needs business requirements. Financial institutions, commercial banks, savings and loan associations, credit unions, mortgage companies employ financial managers. To reduce risks and maximize profits, firms rely more and more on the guidance of experienced and knowledgeable financial managers in mergers and consolidations, and in international expansion.
Financial managers’ responsibilities vary according to position. Specific titles include controller, treasurer or finance officer, credit manager, cash manager, and risk and insurance manager. Employment of financial managers is projected to grow 7 percent from 2014 to 2024.