Life, salary and growth after MBA finance #Finance

Hello friends, How does a career in Finance look like after MBA I have made very few CashNews.cos on bold; color: #1a73e8; text-decoration: none;">Finance on my channel So this is a welcome change In this CashNews.co we will talk about which roles in Finance you

get after B-School How is the salary in Finance And what kind of roles are available in which B-school How do the roles change? Can you expect if you have done MBA in

Finance from any B-School, from top 30-40? So friends first of all may tell you this that if you have not done MBA from IIM Ahmedabad, IIM Bangalore, IIM Kolkata Where Actual

Front End Roles Of Finance Are Available If You Want To Do Front End Investment Banking If you have seen Zindagi Na Milegi Dobara You have seen Hrithik Roshan in it. And you

want to go foreign, and do fancy things Carry laptops in suitcases, go for meetings And if you want to earn big money Then you will get that role mostly in IIM Ahmedabad, Bangalore, Kolkata only. If you do MBA in #1a73e8; text-decoration: none;">Finance from under it Then big banks, BFSI companies will give you the role of relationship manager in the name of Finance The

work of sales will be in the relationship manager The work of Finance will be there but the work of sales will also be there. CTC will be good Then you have to take the

decision that I am doing sales from Finance Many people also take it because placements in India would have been very luck driven. There is campus placement There are

different criteria for shortlisting Marks of 10th, 12th, college CV, experience, fresher all this happens So if you haven’t MBA from A. B. C. So financial companies do you know, give you the role of relationship management sale I also say you should do it If you do not get Front End

Investment Banking. After 2-3 years of experience You can find and enter the role of Finance in a small company If you have also worked in all this role in

any big brand then Because you will have to do some Finance work in good RM role, Okay Now let’s talk about what kind of roles are You have done MBA in

href="https://cashnews.co/finance" style="font-weight: bold; color: #1a73e8; text-decoration: none;">Finance So the first role that I told you is Investment Banking. But this IIM is available only in Ahmedabad, Bangalore, Kolkata very few below it, in single digit.

There are 2 types of Investment Banking roles in India Middle office or Front office Front office mean actual work of Front End Investment Banking Middle office means that you will have some back end work, There will be work of research work And little by little

you will interact with clients or help someone who is working in the front end, Okay Investment Banking is a most of after roles As I said IIM Ahmedabad, Bangalore, Kolkata get more Your GPA has a lot of value in it So the company is generally preferred who have done good

performance in 10th, 12th, and college. Analytical skills are required as well as sales skills because an investment banker is a Broker in a way. Lots of Investment Banking Jobs They earn commission by You know closing a Mergers of acquisition Or

else close a particular deals, they get sales commission You have to be good at sales, have good analytical skills, and be good at Finance So these 3 things are important The

companies which give you middle office roles in India Their name is Bank of America, Merrill Lynch, Barclays Salaries around 30 lakhs:,’ you get 25 to 30 lakhs CTC The bonus is innumerable in this Bonus is sometimes more than the fixed salary in this You can also get a bonus above 30 lakhs If

you have closed the good 2 deals as i told you it’s commission Revenue The job of sales would have been: in this, Okay That’s why there is so much demand for it. Second Role is Wealth Management : In Wealth Management : HNI What HNI is

called? High Net Worth Individuals It can also be High Net Worth Individuals Companies and it can also be Normal Individuals. So people who have crores of work in the bank Bank are allotted a proper wealth manager to them. That it will help you in maintaining your

wealth, in increasing your wealth So you have to have people management skills in this You feel that this is a small task but it is not so because HNI’s are of very high level. Now Ambani is there, he has a wealth manager How much money will he get from his bank, right? So there’s are

so many HNI’s like this Companies are also HNI’s, they have accounts Big companies also have current account in the bank, so managing them So this people management is very important in this In this also the variable salary is very high. The third is Equity Research In

this the salary is slightly less but if someone does not sales then they do Equity research because it is the work of actual research. Equity research is also there, derivatives research is also offered Both are offered in Equity Research only

Equity research job is more in India No name like that, Equity research has to be done Generally, Equity market research for companies Or either for the clients or for the own company Salary is a little less but you can switch to

href="https://cashnews.co/finance" style="font-weight: bold; color: #1a73e8; text-decoration: none;">Finance roles after 3 year with experience, in other Finance

roles Fourth role is Risk Risk means Credit risk All the banks have their Credit risk department. You have to give Loan to someone, give Loan to big company, give Loan to Reliance, give Loan to

Vijay Mallya Or to give Loan to small companies, small business, saree shop. So what happens before giving the Loan The Credit risk is accessed whether I will give the Loan to it, whether I will get the money back or not, will get

interest or not, Ok. Accessing that risk is the work of Credit risk. It is small in hearing but there is a lot of technical work The bigger the amount, the bigger the client, the more work This work is liked by a lot of people The salary is less than Investment

Banking in it The Wealth Management resources are slightly less. But the work is good, the work of proper Finance is there. The fifth one who is

also the one with proper Finance It is Financial Planning So Financial modeling, Financial projections, Financial Analytics Whatever is the technical work of

Finance It is not a sales job It is Financial Planning analysis. CA’s also enter into it, MBA’s also enters in it, CFS’s also enters in it

Reliance does a good job in this And this is the job of proper Finance So these roles: 5 which are more offered in India after MBA in

href="https://cashnews.co/finance" style="font-weight: bold; color: #1a73e8; text-decoration: none;">Finance If you are in A. B. C. then Investment Banking is open for you: Otherwise, the remaining 4 roles are open for you You can go in any role Salary in

Investment Banking is around 30 lakhs. The variable is infinite, it can go above 30 also. In the rest, the salary is reduced The salary of the wealth manager is 12 lakh to 24 lakh depending on the B-schools. If you are from New IIMs then you will get 12 lakhs You will get 24 lakhs

of wealth manager if you are from Old IIMs Salary is slightly less in Equity Research It is 8 lakhs to 16 lakhs Equity research offers more in those which are smaller level colleges. As it happened, Nirma, IMI, Goa Institute of Management Salary depends on

Credit risk As I said, the smaller the client, the lower the salary The larger the client, the higher the salary So depends on what clients you are working for. What level of Credit are you looking for In Financial Planning Analysis is totally

dependent on company Big company: Good job, so salary is better In Reliance, the fix salary is 16-17 lakhs. If it is a small company, then the salary is less because Finance

is a support function then the salary of 9-10 lakhs is also there. All the best Stay safe, Take care : My dear friends.