Need For Experts

Updated on: Monday, September 05, 2011

The financial services industry continues to grow at double-digit rates despite all the challenges. As people make all the difference, top organisations consider the talent acquisition and retention as the most important function. Current availability from MBA schools and other institutes is inadequate for meeting the demand of specialists needed in stock broking, corporate finance, investment banking, commercial banking, commodity trading, wealth management etc. International College of Financial Planning in alliance with the Centre for Rural and Cryogenic Technologies, affiliated to Jadavpur University, came together in an interesting and informative session on ‘Careers in Financial Services’ at Dr Triguna Sen Auditorium, JU to discuss these requirements.

At the seminar, eminent industry leaders like Dipanjan Bhattacharya, head, wealth management (east), Standard Chartered Bank, Ramesh Siddhavattam, head, human resources (east), Royal Bank of Scotland and Ashish Mazumdar, professor and member of the governing body, Jadavpur University discussed various career opportunities in finance and how students should prepare themselves for this exciting and lucrative career.

Dipanjan Bhattacharya said, "With the growing income levels, Indians need qualified money managers to take care of their finances. To the consumers, the title of the CFPCM professional instantly reflects the skill sets and the commitment levels of the title holder to the profession and the compliance to a strong code of ethics."

Highlighting the huge opportunities, Ramesh Siddhavattam, head, HR East, RBS Bank emphasised, “The corrosive effect of inflation on savings lying idle, the bewildering number of investment avenues and the varying risks of each, combined with rising aspirations will continue to fuel the need for such financial ‘doctors’. Financial planning is a dynamic profession in which strong careers can be built.”

Sudeshna Ghosh, vice-president and regional head of ICoFP said, “Today organisations are putting in tremendous efforts in attracting and retaining the right kind of talent. There is a great demand for qualified investment analysts who can evaluate the opportunities in equity and debt markets. The performance of mutual funds depends on the skill level of the fund manager. The right talent can make all the difference.”

“The next generation of financial services professionals will have to understand the client needs better and will have to be ready to meet their expectations. Today every banker or wealth manager cannot just dump products on clients. They have to understand their aspirations and build customised portfolios that will help them achieve their life’s goals,” said Vani Bajaj, director, International College of Financial Planning.

Need For Experts

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