Future in finance

Updated on: Monday, July 11, 2011

While today, career opportunities are ample and students have a range of choices to choose from, there is a flip-side to it as well. Students may get confused and be at a loss as to which career would suit them and why.

It is with this in mind that the International College of Financial Planning (ICOFP) had recently organised a seminar in the Capital. Entitled 'Careers in Finance ,' the session saw senior professionals from the financial services industry advising students about future career moves.

ICOFP offers postgraduate courses, including MBA, with specialisation in financial planning as well as those in financial analysis, leading to careers in the wealthmanagement industry.

Speaking at the event, Rajan Mehta, executive director of Benchmark Mutual Fund said, "Financial services have a huge potential. India in the next three to four years will require five lakh financial planners to cater to the demand. This becomes critical as India's savings rate is amongst the highest in the world, and surpluses available with investors will rise rapidly with the growth in GDP."

"There is a demand for qualified investment analysts. The performance of mutual funds depends on the skill-level of the fund manager. The right talent can make all the difference," said Paul Parampreet, fund manager, Edelweiss. He advised students to track the developments in the markets to be a successful finance professional.
Director of the college, Vani Bajaj, added that a career in the field of finance has evolved. The economic growth is opening up opportunities as new businesses are being set up. Traditional MBAs are not being able to fulfill the skills required to succeed in this sector. Other speakers included Navin Tewari, senior vice-president , Birla Sun Life and S Paul Raghavendran, Dy HR Head, Reliance Mutual Fund.

Times of India

Future in finance

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