IGNOU
- Fees: ₹ 10800
Financial Services Course Details - Fees, Subjects, Syllabus, Duration, Eligibility, Career Scope
Degrees offered: B.Com, M.Com, MBA, B.B.A, B.Com(Hons)
What is Financial Services
The Financial Services course is a multidisciplinary programme which includes financial theory, engineering methods, mathematics tools and programming practice. The curriculum is career-oriented in nature which creates several prospects in different disciplines, such as banking. Financial service is a profession that covers a wide range of occupations, including a financial analyst, a personal finance consultant and financial manager.
There are several undergraduate and postgraduate degree programmes which prepare students for financial services professions. Some of the popular topics are accounting, business, finance, economics, statistics, financial law and mathematics. Though there are many employment opportunities for graduates to explore, most common career paths may include being a financial analyst, a financial advisor, or a financial consultant.
The finance sector covers companies concerned with money management. The programme aims at equipping candidates with the abilities needed to work in an extremely competitive culture. Aspiring candidates are offered the chance to study about a wide variety of fields including asset management, financial planning, risk assessment, stock market management, investment and portfolio management, financial analysis, taxation, pension, money market funds, applied economics, social advantages, insurance, sales and selling strategies and related private and business law. After completing the programme students have multiple employment opportunities in different fields.
Course Highlights
Degree Name | Finance |
Duration | Bachelors- 3years MBA in Financial Management- 2 years M.Sc. in Finance- 2 years |
Eligibility | Bachelors- 10+2 MBA- Graduate or Equivalent M.Sc.- Graduate or Equivalent |
Degree level | Bachelors- Undergraduate MBA- Post Graduation M.Sc.- Post Graduation |
Course type | Finance course |
Admission process | Entrance Examination and marks of 10+2 |
Financial services course fees | Two to five lakhs |
Financial services course entrance exams | CAT, MAT, XAT |
Jobs after Financial services course | Finance officer, Cash manager, Financial controller, Financial consultants |
Expected starting salary | Rs. 15,000 to Rs. 20,000 per month approx. |
Eligibility Criteria (UG & PG) of Financial Services
The course, financial services is suitable for some of those students who are likely to opt for higher-level teaching jobs as a profession. Candidates with good writing, speaking, and communication skills will be capable of expressing their knowledge. Here we have described the eligibility criteria of three different courses. These criteria should be followed by the students to get admission in these courses. Students need to have a minimum aggregate of fifty per cent marks in their previous examinations before taking up this course.
Bachelor of Finance
Aspiring applicants from a recognized board of education have to complete 10+ 2 or the equivalent test with at least fifty per cent marks.
M.B.A. Financial Management Eligibility
Aspiring students need to qualify the Common Admission Test (CAT) or take admission to any of the IIM (Indian Management Institutes) schools including a bachelor's degree from a recognised university. Aspiring students need to pass any of this following entrance examinations, Common Admission Test (CAT), Xavier Aptitude Test (XAT), Graduate Management Admission Test (GMAT), Joint Management Entrance Test (JMET) or Management Aptitude Test (MAT) to take admission in any management institution in India. Apart from these entrance exams, several business schools are conducting independent entrance tests.
M.Sc. in Finance Eligibility
Aspiring candidates with at least fifty per cent marks in B.Sc./B.Sc.(Hons.) can apply for this M.Sc. in Finance programme. Students get admission directly after having completed their bachelor's degree or may need to sit for some independent entrance examinations conducted by different colleges.
College Predictors VIEW ALL
Scope of Financial Services in India and Abroad
India has a globally competitive financial services industry which is experiencing rapid development, in respect to solid growth of existing financial firms and growing market entry organizations. The industry encompasses commercial banks, finance companies, commercial non-banks, cooperatives, retirement funds, mutual funds as well as other minor financial services.
This concept could be further subdivided between two sections – financial services and financial management. Financial management is on how to use institutional resources most appropriately, in a business environment, a non-profit corporation or a government body. Financial managers establish and execute techniques within a company to increase profit margins.
India's financial services industry is primarily a banking industry with commercial banks contributing to even more than sixty-four per cent of the asset value managed by the financial sector. A finance profession is thrilling and satisfying, and extremely profitable. It encourages ambitious young adults who also have a passion for economics, finance and the ability to effectively and analytically understand and analyse complicated financial principles and information. Finance is mostly about money management. The Indian government has also implemented reforms to modernise, monitor and improve the financial services of the country. India is regarded as one of the most competitive financial markets in the world. Though there are some difficulties, the future appears to be in good hands for the industry.
Students also liked
Course Fees Financial Services
| Minimum Fees | Maximum Fees | |||
|---|---|---|---|---|
| Private | Government | Private | Government | |
| UG |
40
B.Com in Financial Services at Thakur College of Science and Commerce, Mumbai
|
4.44 K
B.Com(Hons) in Financial Services at University of Rajasthan, Jaipur
|
16.72 Lakhs
B.B.A in Financial Services at Amity University, Noida
|
2.80 Lakhs
B.B.A in Financial Services at Maharashtra State Skills University, Mumbai
|
| PG |
5.09 K
M.Com in Financial Services at Bishop Abraham Memorial College, Thuruthicad
|
1.53 K
M.Com in Financial Services at SNKP Government College, Neem Ka Thana
|
16.19 Lakhs
MBA in Financial Services at K J Somaiya Institute of Management, Mumbai
|
15.00 Lakhs
P.G.D.M in Financial Services at Arun Jaitley National Institute of Financial Management, Faridabad
|
| DOCTORAL |
2.25 Lakhs
Ph.D in Financial Services at Rama University, Kanpur
|
12.12 K
Ph.D in Financial Services at Maharshi Dayanand Saraswati University, Ajmer
|
3.02 Lakhs
Ph.D in Financial Services at Amity University, Noida
|
12.12 K
Ph.D in Financial Services at Maharshi Dayanand Saraswati University, Ajmer
|
| DIPLOMA |
7.90 K
Diploma in Financial Services at Indian School of Business Management and Administration, Chennai
|
8.00 K
Diploma in Financial Services at Institute for Excellence in Higher Education, Bhopal
|
1.11 Lakhs
Diploma in Financial Services at Loyola Institute of Business Administration, Chennai
|
8.00 K
Diploma in Financial Services at Institute for Excellence in Higher Education, Bhopal
|
Course Subjects
The key subjects for the course in Finance can vary from depending on the institute. However, there are several popular subjects in the Finance course programme that are covered by all colleges and universities.
Bachelor in Finance
Bachelor in Finance offers a conceptual and operational understanding of an organization or company's capital resources for preparing, coordinating, monitoring, managing and regulating them effectively. Syllabus of Bachelor in Finance as prescribed by various universities and colleges.
Introduction to management accounting | Corporate finance |
Financial instruments and markets | Financial planning and wealth management |
Introduction to financial accounting | International financial management |
Security analysis and portfolio management | Introductory microeconomics |
Introductory macroeconomics | Introduction to financial accounting |
Introductory finance | Principles of taxation law |
Risk management and insurance | Business ethics, globalization and sustainability |
Developing the financial plan | Introduction to marketing |
Introduction to marketing | Business statistics |
Superannuation and retirement | Introductory macroeconomics |
MBA in Financial Management
Students acquire specialized information on techniques for financial planning, theoretical approaches and methods of implementation. These courses provide financial services-specific lessons. The aim is for candidates to be capable of adapting the expertise to different industry conditions focused on consumer or company financial interests. MBA in financial management syllabus as provided by various universities.
Economic Analysis for Business | Strategic Investment and Financing Decisions |
Accounting for Management | International Trade Finance |
Statistics for Management | Entrepreneurial Finance |
Management Concepts | Financial Derivatives Management |
Organizational Behaviour | Insurance & Risk Management |
Legal Aspects of Business | Security Analysis and Portfolio Management |
Financial Management | Applied Operations Research |
Quality Management | Strategic Management |
Production & Operations Management | Indian Banking Financial System |
Information Management | Project Work in the relevant specialization |
Human Resource Management | International Business Management |
Marketing Management | Enterprise Resource Planning |
M.Sc. in Finance
The aim of an M.Sc. in Finance programme is to adequately prepare for employment in a field dealing with financial services, including financial planning or financial analysis. The students develop advanced expertise in theoretical approaches, methods of application and financial planning strategies. These programmes can be done in an online and offline mode both. Some of the subjects are mentioned below.
Analyzing business' value | Acquisitions and mergers |
Capital markets and financial institutions | Derivative markets |
Portfolio management and security analysis | Marketing management |
Students can also opt for several other degrees such as Bachelor of Commerce in Financial Accounting, Bachelor of Commerce in Financial Markets, Bachelor of Commerce in Money and Financial System, Master of Philosophy in Financial Studies.
Careers in Financial Services
This Financial Services course is ideal for all those who wish for comprehensive and appropriate education and advancement in financial services to managerial and senior management careers. Applicants must have a firm grip in financial research, strategic thinking and interpersonal and conversational abilities. The students should have numerical likings, strong quantitative and analytical abilities, understanding of cutting-edge information technology, professionalism, problem-solving, decision-making and management skills.
Financial administrators of every company, in India and overseas, are one of the most highly paid professionals. MNCs are universally popular destinations for graduates of financial management qualifications. A large number of MNCs heading to India and different Indian businesses moving nationally and globally for strategic partnerships.
That could be a lucrative and excellent career opportunity for someone with strong communication skills. Companies and government agencies have a financial manager in charge of carrying out investment operations, producing financial reports, and applying credit-management strategies.
Popular Online Finance Courses and Certifications
Certifications for Financial Services
Certified Financial Planner Chartered Financial Analyst certificate Financial Risk Manager Certification National Institute of Security MarketsJob Profiles and Top Recruiters
Finance practitioners acquire analytical skills for interpreting financial accounts or data sources to determine the qualitative and quantitative factors of businesses as well as other organizations for financial stability. Below are some job profiles in the field of financial services.
Finance Officer: Finance officers are managers in a company who manage financial matters and decisions. They can supervise accounting departments, analyze reports and develop budgets.
Treasurer: A treasurer is an individual in charge of managing a company's treasury. A corporate treasurer has core responsibilities like cash and liquidity planning, risk control, and corporate finance.
Credit and Cash Manager: A cash manager is specialized in supervising cash management tasks like reporting payment and repayment processes, or managing bank accounts. Cash managers are required in a wide range of industries such as health care organisations, or finance companies. Primary duties may include supervising junior staff and delivering job training; maintaining consistency with local, state, laws; and supporting an institutional treasury framework. Cash managers can analyze the efficiency of companies and prescribe strategies to optimize activities.
Finance Controller: The financial controller is the chief accountant for an organization. We supervise accounting practices and guarantee the ledgers properly represent money that comes into and out of the organization. The finance controller is a senior accounting team member. For this purpose, applicants are typically required to demonstrate considerable skills in accounting and tax matters, including the ability to direct others and take control of the company's records.
Financial consultant: Financial consultants function properly with firms or individual people to prepare for the financial prospects by providing data and advice on issues which include tax, income and investments decisions. These consultants are often called financial advisors, to offer customized financial advice, work directly with business partners. Advisers can, however, direct their customers to buy and sell stocks and mutual funds. Few advisors operate for consultancies concentrating on the financial requirements of individual companies or sectors.
Credit analyst: The credit analyst's duties require reviewing credit data and financial details of individuals or businesses requesting for credit or loans to assess the threat that the bank, or other lending or credit-granting entity, will not recover loaned funds. The risk level is also used to decide whether a loan or credit line is issued, or even if, the parameters of the loan, along with the rate of interest. Credit analysts must write reports that are focused on the observations to make lending and creditworthiness decisions.
Top recruiting areas are:
Credit Card Companies
Insurance Companies
Private Equity Sector
Banks
Educational Institutions
Stock Brokerages
Investment Funds Area
‘Self-employment
Top recruiting companies:
Goldman Sachs
Morgan Stanley
Boston Consulting Group
Lehman Brothers
JPMorgan Chase & Co
Barclays
Deutsche Bank
McKinsey & Company
State Bank of India
HDFC
Average Salary
Financial officers are responsible for the supervision of a company ’s financial statement. These professionals play an important role in budget development, tracking transactions and preparing financial reports. A finance officer's average salary is around 20,000 a month in India. The finance manager is responsible for an organisation's financial wellbeing. They receive approximately nine to ten lakhs per annum. They develop financial reports, new investment plans, and implement strategies and action plans for the institution's long-term financial objectives.
Level | Average monthly salary |
Entry-level | Rs. 15,000 to Rs. 20,000 |
Mid - Level | Rs. 60,000 and Rs. 80,000 |
Top - Level | Rs. 1 lakh and above |
Popular Financial Services Entrance Exams in India
Popular Financial Services Colleges in India VIEW ALL
VIT Vellore
- Fees: ₹ 270000
LPU Jalandhar
- Fees: ₹ 627000
BHU Varanasi
- Fees: ₹ 6900
Galgotias University
- Fees: ₹ 366000
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Questions related to Financial Services
Showing 3319 out of 3319 Questions
18 Views
I completed my MBA (FINANCE) which subject should I to write in UGC NET........?
20th Jan, 2025
Hello
MBA in Finance and are planning to write the UGC NET exam, you should select Management ( Code 17 ) as your subject because Management is the most relevant subject for MBA graduates and includes topics related to finance, marketing, HR and general management.
1. Relevance to Your MBA : The syllabus covers finance , organizational behavior, business economics and strategic management , which align with your MBA specialization .
2. Career Opportunities : Qualifying UGC NET in Management can help you secure positions as lecturer , professor or researcher in the field of management and finance .
Commerce (Code 08) : If your focus is more on financial accounting, auditing or economics , you can also consider this subject .
Review the Syllabus of both Management and Commerce to decide which aligns better with your strengths and interests .
Hope this helps you .
ALL THE BEST
Answer later 16 Views
Which college should i join ISBR Bangalore or Alliance University Bangalore for doing MBA in finance ?
16th Jan, 2025
Choosing between ISBR Business School and Alliance University for MBA in Finance requires careful consideration of several factors, including program structure, accreditation fees , placements , and campus facilities.
In terms of Accreditation, ISBR offers PGDM program is AICTE-approved and NBA-accredited, whereas Alliance University is recognized by UGC and is a member of AACSB International.
As per the sites, in Alliance University , total fee for MBA program is approximately INR 15,00,000 and in ISBR , it might be something higher in terms of amount.
ISBR has a strong placement record with companies like Wipro, Infosys ,Accenture, Google, Dell recruiting from the campus. In Alliance University, highest salary offered was INR 26.10 LPA with an average salary of INR 8.5 LPA , top recruiters were Schneider Electric, Tech Mahindra and Bosch.
Conclusively, you should join the college which meets your priorities and requirements.
28 Views
I want to study MBA Finance, my CAT 2024 percentile is 87.01 with DILR 68.62 percentile and NMAT score is 233 with QA 68 percentile. I have applied in GIM GOA, GLIM CHENNAI, TAPMI, NIA PUNE, NIBM PUNE, FORE SCHOOL, XIM B. What should be my preference of choice, please guide.
31st Dec, 2024
Based on your CAT and NMAT scores, here's a suggested preference order for the colleges you've applied to, keeping in mind that MBA Finance specializations often have specific cutoffs:
- GIM GOA: Your CAT percentile is above their cutoff, and your NMAT score is competitive. GIM GOA has a good reputation for its finance program.
- TAPMI: Your scores are well above their cutoffs, and TAPMI is known for its strong placements, especially in finance.
- NIA PUNE: Your scores are slightly above their cutoffs, and NIA PUNE has a good track record in finance.
- NIBM PUNE: Your scores are slightly above their cutoffs, and NIBM PUNE is a well-regarded college, especially for its finance program.
- FORE SCHOOL: Your scores are above their cutoffs, and FORE SCHOOL has a good reputation for its finance program.
- GLIM CHENNAI: Your scores are slightly below their cutoffs, but GLIM CHENNAI is a well-regarded college.
- XIM B: Your scores are well below their cutoffs, making it a less likely option.
You must make considerations on specialization, placements, faculty, curriculum and campus life and go for the college that you believe suits you the best.
All the very best!
15 Views
Is it worthy to study MBA Finance from NIA PUNE or NIBM PUNE rather than from GLIM Chennai or GIM Goa.
26th Dec, 2024
Hello,
Studying MBA Finance from NIA Pune or NIBM Pune can be valuable if you aim to specialize in insurance, banking, or financial services. These institutes focus on niche domains, offering strong industry connections, sector-specific curriculum, and placement opportunities in reputed organizations within their respective fields. However, if you're looking for broader career prospects and better brand recognition, GLIM Chennai or GIM Goa may be better choices. Both are well-regarded for their comprehensive programs, diverse peer groups, and strong placement records across various sectors.
https://www.careers360.com/colleges/national-insurance-academy-pune
https://www.careers360.com/colleges/national-institute-of-bank-management-pune
6 Views
IN THE KERAL FREESHIP CARD IS ACCEPTED FOR MS EDUCTION IN SELF FINANCE COLLAGE
17th Dec, 2024
Hi Dinesh,
The Freeship Card is a government endeavor to assist students economically weak in meeting their educational expenditures. Its acceptance and applicability vary among institutions for courses.
Applicability in Self Financing Colleges for MS Education:
- Self Financing Colleges: A self-financed college is one that runs without the government directly funding it. Therefore, there is no compulsory condition for MS (Master of Science) students for the acceptance of Freeship Cards in such colleges.
- Course Level: Freeship Cards are considered eligible for undergraduate courses, but it may vary from postgraduate courses like MS.
Advisories:
1. Ask Directly: A call to the admissions or financial aid office of the particular self-financing college should clear the doubt about whether Freeship Cards are allowed for the particular MS program.
2. Official Guidelines: Check the website for new guidelines from the Kerala Higher Education Department or the Directorate of Collegiate Education, such as new guidelines relating to the applicability of the scheme.
3. Other Sources of Scholarships: In the event that Freeship Card is not allowed, ask other scholarships they have for MS students studying in a self-paying college.
Conclusion:
Thus, there is no certainty in the acceptance of Freeship Card for MS education in self-financing colleges in Kerala. It depends on the respective institution. One should check with the college as well as official sources to know about the available options in financial support.
For more details, one can refer to the [Handbook of the Directorate of Collegiate Education](https://collegiateedu.kerala.gov.in/wp-content/uploads/2024/01).
