What Job Descriptions Do & Don't Say

What Job Descriptions Do & Don't Say

Controllers

Corporate Treasury

Product Management

Information Technology

Brokerage Operations

Branch Office Operations

Compliance, Legal and Tax

Risk Management

Branch Office Compliance

Market Research

Management Science

Public Relations

Support Careers

Support Careers

Here we discuss non-producer, or support, careers that are important within the financial services company, but not unique to it. Accordingly, if you have prior experience in these fields within other industries, you have readily transferable skills. The reverse also holds true, if you work within these areas in the financial services industry then seek to move elsewhere. Note that, while jobs within the producer tracks tend to be the most highly compensated in the company, support functions also can be very well-paid and highly respected.

Career Choice

Career Choice

Task one is deciding which career specialty is most suitable for youself. Here we present some of the most basic job types within the financial services industry, focusing on those that are unique to the industry. Note that there are extensive variations in precise job descriptions and duties from firm to firm. Remember that this is only a selection of the career profiles that we have developed for this guidesite.

Know Yourself

Producer and Support Careers

Financial Advisor

Sales Assistant to Financial Advisor

Financial Planner

Insurance Careers

Investment Banking: Underwriting

Loan Officer

Money Manager

Securities Research Analyst

Securities Trader

Education, Training & Experience

Education, Training & Experience

Here is a survey of the education, training, prior experience and certifications that are most in demand within the financial services industry. We also cover what career paths they help open up for you.

Credentials Overview

Student Internships

Undergraduate Majors

Computer Literacy

MBA Degrees

Law Degrees

Certified Public Accountants (CPAs)

Chartered Financial Analysts (CFAs)

Certified Financial Planners (CFPs)

FINRA Licenses

Leveraging Athletic Backgrounds

Leveraging Military Experience

Career in Starting & Advancing

Career in Starting & Advancing

Here is the A to Z of launching and advancing of your career. It runs the gamut from career choice to getting ahead to preparing yourself for the possibility of layoffs. And, of course, we also give you the scoop on pay.

1) Education, Training & Experience

2) Career Choice

3) Support Careers

4) Career Development

5) Pay Plans

Careers-in-Business

Careers-in-Business

Careers-in-Business is designed to help you find satisfying jobs in the business world. Whether you're angling for a fast track investment banking job or a fulfilling non-profit career, you'll find what you're looking for here. Careers-in-Business brings you the latest scoop on many business career areas including jobs, salaries, what people are saying and entry requirements. Take your time to read through the material here and think over what career is best for you. Best of luck in your search!

Career Areas

Accounting

Finance

Commercial Banking

Corporate Finance

Financial Planning

Hedge Funds

Insurance

Investment Banking

Money Management

Private Equity

Real Estate

Management

Consulting

Entrepreneurship

General Management

Human Resources

Non-Profit

Operations Management

Strategic Planning

Marketing

Advertising and Public Relations

Market Research

Product Management

Retail

Money Management

money management;

Do you like to see behind the numbers? Do you like to analyze market trends? Do you get an adrenaline rush when a stock takes off? If so, then money management may be the career for you. Money managers hold stocks and bonds for institutional clients and are on the buy side of Wall Street. Some money managers use the latest sophisticated quantitative techniques while others do very well using simple intuition.

Each investment manager has their own unique style. The key to being successful is to have discipline, be broad-minded and be willing to admit defeat if an investment goes against you. Many money managers buy and hold fixed income securities including mortgaged-backs, corporate bonds, munis, agency securities and asset-backed securities. Others focus on equities, including small stocks, large caps and emerging market stocks. Because of its explosive growth in the last decade, we treat the opportunity to take a career in a hedge fund separately.

Unfortunately, it is hard to get started in investment management. It is particularly hard to start working for the best money managers or a top mutual fund. Good places to start are in bank trust departments, state and local pension funds and in insurance companies. Many people cross over into money management after getting years of experience on the sell side of the business in investment banks. Perhaps one of the best ways to break in is on the marketing side.

If you have the social skills and intelligence required to market money management services, there will be many companies interested in hiring you. To get started today, be sure to study portfolio theory, learn fixed income investments, take the CFA exam and, above all, learn the industry. And then, with a little luck, you will enjoy one of the most personally rewarding careers in the world of business: Money Management.

Careers-in-Finance

Careers-in-Finance

This way designed to help you find rewarding and interesting jobs in finance. There are many job opportunities in this field including corporate finance, financial planning, investment banking, insurance and real estate. You will find some comprehensive info on this way in these and a number of other career areas. You will also find links to quite a few other ways, finance job listings, recommended books and a list of helpful headhunters.

Areas to Explore

Commercial Banking

Corporate Finance

Financial Planning

Hedge Funds

Insurance

Investment Banking

Money Management

Private Equity

Real Estate

Financial Plan

Financial Plan

The financial planning sector of this publication is really the foundation on which this e-zine was built. Many of us live in the "today" and often worry about future when it's here - but that's sometimes too late. If there was one piece of advice we would want our readership to come away with, it would go something like this: putting in a little time today to plan for your financial future is an investment in yourself.

When they comes to financial planning, we've sub divided this section into the seven significant financial events or decision you might face in your lifetime:

Buying or Leasing Car

College Loans

Buying a Home

Debt Consolidation

Buying Insurance

Taxes

Retirement

How an individual taxpayer can lower tax bill under their present Income tax act?

How an individual taxpayer can lower tax bill under their present Income tax act?

Taxes are says to be as inevitable in life as death and it is our social responsibility to pay them. Taxes are burdensome for all taxpayers. Saving money in taxes is high priority in Financial planning exercise. There are legally permissible ways to less taxes and retain more of your hard-earned money in your savings kitty. There are various tax deductions available under the present Income tax act and you should take advantage of them.

The entire process can be summed as given below:

The entire process can be summed as given below:

- Frist off all meetings with you wherein we are explain the Financial Planning process and answer your queries if any.

- Receiving the Letter of Engagement duly signed by yourself.

- Forwarding you a detailed questionnaire.

- Answers to the questions therein will form the basis of the Financial Plan.

-The Plan preparation.

- Receiving the "Authority to Proceed" Letter enabling us to carry out the recommendations contained therein

.

- Plan Implementation

- Periodic Plan Review

What is Asset Re-balancing and how it is done?

What is Asset Re-balancing and how it is done?

The Process of rearranging assets to bring allocations to predetermined original level as per Financial Plan. Over time some of your investments may become out of alignment with your investment goals. You'll find that some of your investments will grow faster than others. By rebalancing, you'll ensure that your portfolio does not overemphasize one or more asset categories, and you'll return your portfolio to a comfortable level of risk. Asset Rebalancing forms part and parcel of every Financial Plan. More...

What is Asset allocation?

What is Asset allocation?

Asset allocation follows to the process of allocating your investments between different asset classes. Asset allocation means diversifying your money among different types of investment sectors, such as stocks, bonds, gold, property and cash. The goal is to help reduce risk and optimize returns. The goal of asset allocation is to create an optimum mix of asset classes that have the potential to appreciate while meeting your risk tolerance level and financial goals. More...

Financial Express

Financial Express

Related Schems:

Financial Express

Financial Services Express

Genesis Financial

Financial Report

Best Home Equity Loan Rate

Advance Financial

Emerald Financial

Affordable Loan

Low Rate Loan

Americo Financial

Banking And Financial

Financial Program

Obama

Master Financial

Home Equity Refinancing

Approach and horizon of investment

Approach and horizon of investment

PPFAS trusted in running the investment marathon. This enables us to look beyond a particular quarter's numbers and not focus on what other investment managers are doing with their portfolios. Hence we aim to better the performance of general market indices without taking undue risk for in long term. A short term underperformance as compared to some competitors does not unduly perturb us.

While comparisons with competitors and indices is inevitable, we also think upon that the absolute return and not just a relative performance. Hence in a situation where markets are in a frenzy, we prefer to protect capital rather than try out to do everybody else.

The following are the principles which PPFAS follows in its "core" equity investments. The core holdings of clients are generally held for a long period of time. These holdings are sold only if there is a significant overvaluation of the company or the business fundamentals of the company change adversely. Investments meeting ALL the following criteria form the core holdings of client portfolios.

i. The company is in a business with good economic characteristics and the company has a long term competitive benifits.

ii. The management of the company is very competent and works genuinely in to shareholder's interest.

iii. The shares of the company are available at reasonable valuations.

Diversification is an important aspect while investing. Diversifying across companies and industries results in lower volatility of the returns. However over diversification does not reduce volatility significantly while it dilutes the portfolio returns substantially. For example {if ones best investment idea is only 2% of the portfolio it will contribute only a 2% return to the portfolio return even if it doubles}.

At PPFAS we diversify the portfolio without a large dilution of the effect of our best plans. We are generally hold between 15-22 stocks in each clients portfolio. This is as opposed to 30-50 stocks that a typical mutual fund scheme would hold.

Depending on the time at which a client's funds are available, there may or may not be stocks which meet all the core investment criteria. If enough stocks are not available because stock prices of the companies we like are too high, we stay in cash and cash equivalents. This helps us avoid the trap of investing at the time of market bubbles. This approach is not to time the markets or to benefit from their periodic ups and downs but to invest for the long term only when valuations are attractive.

We often encounter short term opportunities (non speculative). These are typically situations where the promoters/venture capitalists are making open offers for shares of companies. In these situations we sometimes find opportunities to earn annualised 14% to 20% returns. We participate in these in a small way to deploy funds for a short period of time pending investments in core holdings. Most of the churn in client portfolios comes from such short term and relatively risk free funds deployment.

Do you have to meet your financial planner?

Do you have to meet your financial planner?

Face-to-face meeting is recommended but it is not must. Comprehensive financial plan can be prepared from the detailed data collected from you. We have provided a questionnaire for you to fill out, which requires details on various aspects of your financial status, goals etc. Based upon your opinion, we will be able to prepare a financial plan customized for you.

What type of information do I provide?

What type of information do I provide?

Typically, information is regarding investments held, numbers of dependants, income and expenditure details, savings and financial planning needs, etc. The more accurate information you give, the better the quality of advice can be.

Why should have to provide so much personal information?

Why should have to provide so much personal information?

for Ex. consider a visit to your doctor. Without complete and fully accurate details, your doctor cannot prescribe the best course of an action. The same things to financial planning. In order to obtain the best service for your 'financial health' all details and specifics must be disclosed.

Strategy Management

Strategy Management

Strategic Performance Management helps to organizations manage their strategy and supporting measures and initiatives to build alignment and better execute on their goals and Products. From this application, business managers can track progress against objectives, understand, underperformance and impacts, prepare for their future and take action when needed. SAS Strategic Performance Management is a Web-based application for strategy management including the design, building and management of scorecards, dashboards and diagrams, including strategy maps.

Profitability Management

Profitability Management

Profitability Management is provides accurate cost and profit calculations is based on the rule-driven allocation of expenses and revenue down to individual transaction. By providing insight in a profitability factors, the solution helps decision makers can also focus on opportunities for profitability improvement - such as preventing unprofitable customers from destroying up to 400% of their net income.

Financial Management &planning

Financial Management &planning

Financial Management is the comprehensive solution for the enterprise planning, budgeting, consolidation and reporting. With a proprietary calculation engine and accounting logic, this is remarkable solution consolidates planning or historical information on demand, ensuring that the latest information is always available for decision makers and regulatory agencies.

Activity-Based Management

Activity-Based Management

Activity-Based Management is an analytic application is that models business processes to determine cost, profitability as well as drivers. With this solution, organizations it can make informed decisions on that streamline processes, deliver revenue growth and reduce costs across the organization. By providing process, cost and profitability insights, SAS Activity-Based Management [ reveals how unprofitable customers may be destroying up to 400 percent of your net profit ]– and helps you understand how to prevent this.

Financial Intelligence

Financial Intelligence

-Activity-Based Management

-Financial Reporting & Planning

-Profitability Management

-Strategy Management

How much I should be saving?

How much I should be saving?

It is difficult to apply a rule of thumb toward savings, because it varies with age and income level. About twenty to thirty percent of your income is a good start. If you find that is too high for you, don't let that deter you. You can start by putting a little aside each month and then it slowly increasing it.

What often when you should update the plan?

What often when you should update the plan?

It is good to review the plan when there is a lifestyle change like as marriage, birth, death or divorce. Any change in financial position should be evaluated as well. Mostly people have an annual update that reviews how the plan is being implemented. The review also considers changing goals and circumstances.

When a plan is developed, Then what next?

When a plan is developed, Then what next?

The best plan is useless, unless it is put into a action. Your financial planner will be assist you to completely in implementing the plan.

What should be include a financial plan?

What should be include a financial plan?

A financial plan it should be include a review of your net worth, goals and objectives, investment portfolio, cash flow, investments, retirement planning, tax planning and insurance needs, as well as a plan for implementing your goals.

Financial Careere In Many Sectors

Accounting & Finance

Asset Management

Capital Markets

Commodities

Compliance / Legal

Consultancy

Corporate Banking

Credit

Debt / Fixed Income

Derivatives

Equities

FX & Money Markets

Global Custody

Government

Graduates & Internships

Hedge Funds

HR & RecruitmentInformation

ServicesInformationTechnology

Insurance

Investment Banking / M & A

Investment Consulting

Investor Relations / PR

Operations

Private Banking/Welth

Management

Private Equity/Venture

Capital

Quantitative Analytics

Real Estate

Research

Reatail Banking

Risk Managment

Sales & Marketing

Trading

Why should you make a financial planing?

Why should you make a financial planing?

Financial planning provides you direction and meaning to your financial opinion. It allows you to understand how each financial decision you make effects other areas of your finances.

take example buying a perticular invesment product may be help you save adequatly to finance your child's higher education or it may provide enough for a comfortable to retirement. You can also adapt more easily to life changes and feel more secure that your goals are on track.

How to Every one requires Financial Planning?

How to Every one requires Financial Planning?

It is useful to every person. Very few can consider there problems too rich to engage in Financial Planning. There are so many instances of highly paid employees ; who came to financial grief merely because they did not plan for their post-career years. Exactly even people earning small amounts of income should undertake this process, as it will help them in prioritizing their goals so that their limited income can be used more efficiently.

These are the broad areas in which Financial Planning can be undertaken?

These are the broad areas in which Financial Planning can be undertaken? :

:Cash Flow Management >>

:Insurance >>

:Investment Planning >>

:Retirement Planning >>

:Taxation >>

:Estate Planning >>

Financial Planning:

Financial Planning:

Cash Flow Management/Insurance/Retirement Planning

Estate Planning/How to Invest money/Financial Mistakes/Risk Profile planing/Small Savings Plans/Pension Plans

Tax benifits/Common mistakes in financial planning/Financial Planning Steps for Women/Creating a Medical Fund/Credit Rating.

Careers Related to Financial Services

Business Management

Business Consultancy

Cost and Works Accountancy

Actuarial Science

Sales and Marketing

Market Research

Economics

Business Finance

Specilization which not only includes in this ,aspects of conventional auditing and accounting but also as vast range of activities like as{ fund raising, foreign exchange, treasury management, investment banking, money market operations and broking}. The Department of Financial Studies, University of Delhi (South Campus) offers a master's degree in finance and control essentially to commerce and economics graduates. The Indian Schools of Finance, New Delhi offers a master's in business finance.

Financial Services Careers in India

Financial Services Colleges in Andhra Pradesh (4)

Financial Services Colleges in Chandigarh (1)

Financial Services Colleges in Chhattisgarh (1)

Financial Services Colleges in Delhi (4)

Financial Services Colleges in Goa (1)

Financial Services Colleges in Gujarat (4)

Financial Services Colleges in Haryana (2)

Financial Services Colleges in Himachal Pradesh (2)

Financial Services Colleges in Madhya Pradesh (2)

Financial Services Colleges in Maharashtra (8)

Financial Services Colleges in Manipur (2)

Financial Services Colleges in Punjab (1)

Financial Services Colleges in Rajasthan (7)

Financial Services Colleges in Tamil Nadu (11)

Financial Services Colleges in Uttar Pradesh (6).

Financial Planning

The planning of finance is required mainly in the financial services serctors of banking, insurance and investment . the International College of Financial Planning, New Delhi (with branches in Mumbai, Chennai, Kolkata, Bangalore and Hyderabad) provides training in certified financial planning. The Institute of Financial and Investment Planning in Mumbai they offers a diploma course in financial and investment planning.

Cost and Works Accountancy

These specializes in a stabilizing budgets as well as standards, evaluating operational is , the effectiveness of production and service management, formulating the profile planning programme, guiding managerial decisions, identifying accountability for cost and profit variance, and these rendering valuable assistance to the management. The Institute of Cost and Works Accountants in India (ICWAI), New Delhi is provides training in this area. It has several branches in all over country.

Introduction

There has been a great revolution in the role of finance and accounting . Today every business activity is measured in terms of bottom-lines. finance departments are looked at profit centres than as cost centres. there are a host of careers and employment opportunities available within the broad limit of the term financial services. Mainly, banking, chartered accountancy, company secretary, and stocks & securities.

Banking

Chartered Accountancy

Company Secretary

Stocks and Securities

Other Financial Services

There are several other financial services that offer good career prospects. These include costs and works accountancy, chartered financial analysis, financial planning, investment planning, business finance, merchant banking, foreign exhcange dealing and so on.