Top 6 Career Options In Financial Services And Capital Markets

Remember when you were watching the “Wolf Of Wall Street,” and all you could think about was how amazing something like that was? 

Well, a Career in financial services or capital markets can make that dream come true. Not only does a career in financial services pay handsome salaries, but there are also always some high-demand jobs in the financial sector open for people with the right skill and knowledge.

The finance sector in India sees almost 8.5% growth per year. That proves the high potential of a career in this sector right there.

However, numerous job options in the financial market are available. Not just that, but careers in Financial Services And Capital Markets also come with lots of benefits.

Benefits Of Working In The Financial Services And Capital Markets

Global Job Opportunities

If you have the right skills, knowledge, and a recognized certification, finance is a sector that can give you job opportunities worldwide. If you want to go overseas to settle or just explore, a career in financial services can give you that liberty.

The Never-Ending Challenges

Finance is one of those industries that even keep the experts on their toes all the time. It is challenging and engaging. If you are genuinely interested in business and finance, then you will never get bored of a job in the financial market.

Ease In Shifting Careers

There are a lot of skills in the finance and capital markets industry that work throughout the industry. Asset management, investment banking, and analysis are a few of the skills that are essential for several high-paying jobs in financial services. Should the need arise, you can easily shift your sector within the industry.

Stable Career Choices

While finance is one of those industries that are always changing, the career options in capital markets are more stable and safer than in other industries. You will also see constant growth and never-ending demand for skills and knowledge here. So if you have great skills and knowledge, then a career in financial services is one of the best options.

Benefits Of Taking Courses From IMS Proschool

All those benefits sound good, right? You need to get a few essential things to avail of those benefits and have a shining career in the capital market. You need to have a certification that has global acceptance and is highly reputed. You also need to acquire the essential skills and knowledge that will provide you with an upper hand.

All that along with practical knowledge of the industry even before you get a job in the financial market and some serious interview preparation. This is why you must do the course related to Financial Services And Capital Markets from a reputable coach.

IMS Proschool is the best place to take these courses as they provide skill-based learning, interview preparations, placement assurance,  high-quality study resources, and industry experts as mentors to give proper guidance.

6 Careers In Financial Services And Capital Markets

Portfolio Management Jobs

Major Skills Required: Analytical skills, leadership abilities, goal-oriented mindset

Expected CTC: ₹ 3.0 Lakhs to ₹ 29.8 Lakhs

Portfolio management is one of the most respected jobs in the financial sector. Portfolio managers directly oversee institutional and retail client investments. They recommend investment decisions to clients and usually have the power to execute those strategies to fulfill the client’s goals. Some portfolio managers are niched down to a particular class asset.

Corporate Finance Jobs

Finance Manager

Major Skills Required: Commercial and business awareness, Analytical Thinking
Expected CTC: ₹ 3.5 Lakhs to ₹ 30 Lakhs, shared profits can go up to 2.85 lakhs per annum.

A finance manager handles all financial aspects of a business, including bookkeeping, risk management, and financial reporting. This is one of the top-paying jobs in this sector.

Accounts Manager

Major Skills Required: Analytical skills, Communication, Management
Expected CTC: ₹ 2.5 Lakhs to ₹ 15.0 Lakhs

An account manager generally oversees the completion of financial statements and ledger accounts. In simple words, they handle the general accounting for the firm. One requirement for this position is a Certified Public Account (CPA) designation and a few years of experience in accounting.

Risk Management

Major Skills Required: Analytical skills
Expected CTC: ₹ 2.0 Lakhs to ₹ 30.1 Lakhs

This job has gained major importance for all investing firms as a result of the Great Recession. To start getting a job for this position, you need to have a certificate from one of the risk management certification bodies. The major task is to keep an eye on various things that may result in the bankruptcy of the company.

Investment Banking Jobs

Mergers and Acquisitions (M&A)

Major Skills Required: Financial Modeling, Accounting skills, Core Industry Knowledge, Knowledge of corporate law
Expected CTC: ₹ 3.4 Lakhs to ₹ 18.0 Lakhs

M&A specialists provide strategic guidance to companies looking for merging opportunities with their competitors or small companies. They evaluate large-scale deals and provide their clients with best and worst-case scenarios to make an informed decision.

Private Equity

Major Skills Required: Financial modeling/analysis skills
Expected CTC: ₹ 3.2 Lakhs to ₹ 44.6 Lakhs

Private equity bankers raise money for small or non-public enterprises while keeping a set profit percentage for them through the deals.

Venture Capital

Major Skills Required: An Expert at Structuring and Closing Deals, Macro Analysis
Expected CTC: ₹ 6 Lakhs to ₹ 60 Lakhs

Employees at a venture capital firm usually have one task: finding “the next new and bug thing” and providing them with capital to grow. They strategically plan and monitor before and after investing, and if the business is about to fall, they pull out the money retaining their profits.

Trading Jobs

Sell-Side Traders

Major Skills Required: Strong numeracy skills, decisiveness under pressure
Expected CTC: ₹ 2 Lakhs to ₹ 30 Lakhs

Sell-side traders work for banks. They buy or sell products either for the bank’s clients or for the benefit of the bank itself.

Buy-Side Traders

Major Skills Required: Expert analysis skills, report generation, and raising capital.
Expected CTC: ₹ 2 Lakhs to ₹ 30 Lakhs

Buy and sell traders conduct buying and selling for buy-side companies under the guidance of a portfolio manager.

Hedge Fund Traders

Major Skills Required: understanding of financial instruments, Financial modeling, quantitative and legal skills, and Risk tolerance attitude.
Expected CTC: ₹ 3 Lakhs to ₹ 60 Lakhs

Hedge fund traders have one goal, to make profits for their clients through buying and selling. They may take orders from a portfolio manager, but for most of the time, they buy and sell on their own.

Economic Analysis Jobs

Economist

Major Skills Required: Data Analysis, Economic Research skills
Expected CTC:  ₹ 5.7 Lakhs to ₹ 46.2 Lakhs

Economists track and analyze data trying to explain current market or economic circumstances and predict future trends.

Economic Strategist

Major Skills Required: Ability to Conduct and Interpret Economic Analysis, Ability to Assess Demand
Expected CTC: ₹11 Lakhs to ₹31 Lakhs

An economic strategist’s major focus is to study the financial markets only and not the market as a whole.

Quant

Major Skills Required: Number crunching, deep mathematical understanding, innovative mindset
Expected CTC:  ₹ 2.3 Lakhs to ₹ 34.7 Lakhs

Quants create mathematical models designed to predict market activity. Most of the work goes on behind the scenes.

Financial Analyst Jobs

Investment Analyst

Major Skills Required: Research skills, Analytical and financial modeling skills
Expected CTC: ₹ 2.5 Lakhs to ₹ 30.0 Lakhs

Investment analysts can work for both buy-side and sell-side companies. Investment analysts can specialize in one or more areas, including different types of worlds, sectors, or investment vehicles.

Financial Analyst

Major Skills Required: Analytical and financial modeling skills
Expected CTC: ₹ 2.1 Lakhs to ₹ 10.6 Lakhs

Financial analysts maintain budgets, analyze cash flows and expenditures, and more. They also assist the corporation with capital raising or determining the best capital structures. Financial offers can rise through the ranks in a corporation to become treasurer or chief financial officer.

Final Word

There is a wide range of jobs in the financial sector with good CTC and growth potential. All you require is proper guidance, the right skill set, and a strong knowledge base.

But before you choose certifications like CFA or a  postgraduate degree, you need to evaluate your options starting with listing out your personal and professional objectives. Choose a course depending on your objectives rather than just going with the flow. If you feel like learning business intelligence skills, then Business Analytics would be a better choice.