Top Career Paths After BSc Finance in India
Career plays an essential role in all our lives. It is important to choose the right career for a happy future. The right career path is the one about which individuals are passionate. The upcoming generation has been immensely motivated and passionate about business and business finance.
Business finance is an important career option, as it deals with different aspects of finance and is a comprehensive approach to managing the finances of a business.
What are the activities business finance deals with?
Those individuals who wish to know about a BSc finance career pursue a career in business finance and can work with large companies. The degree allows them to carry out activities such as:
- Budgeting
- Forecasting
- Invest in growth
- Manage financial risk
- Securing funds
What is the importance of business finance?
Finance plays a critical role in businesses. The preliminary step of commencing any business is to raise capital. Capital is important for any business as it helps in setting up a flow. This flow helps in growth and eventually leads to expansion. The importance of finance businesses is:
- Ensures stability: Effective monetary management helps businesses manage debt and provides stability.
- Enables Operations: Finance provides funds to businesses to carry out day-to-day activities.
- Facilitates Growth: Adequate funding is required to carry out large operations and expand strategically.
- Attracts Investors: A strong financial performance helps in attracting investors for more growth.
- Maximises Profits: Optimising resource allocations and making informed financial decisions can increase the value of the business.
What are the different types of business finance?
One may always think that business finance is about managing the finances of the business. While this is mainly true, there are different factors which constitute different kinds of business finance. The types of business finance are:
- Debt Financing
- Equity Financing
- Venture Capital
- Trade Credit
- Internal Financing
What are the top career paths to pursue after BSc Finance in India?
After completing a BSc Finance degree in India, there are many promising career paths for the individual. An individual can pursue careers opportunities after BSc Finance, which are:
- Investment Banker: Investment banking essentially deals with companies raising capital, and an investment banker provides financial advisory services to them.
- Risk Manager: Risk managers identify underlying risks and develop risk mitigation strategies for the company to make informed decisions.
- Chartered Accountant: The role of a chartered accountant is to manage and audit a company’s financial statements and records to ensure compliance.
- Corporate Finance Professionals: Individuals at this designation undertake the role of budgeting, forecasting, and financial planning.
- Financial Analyst: The role of a financial analyst is to analyse and interpret financial data and provide recommendations to improve the economic health of the company.
- Data Analyst: Individuals with analyst skills can analyse trends and quantitative data and ensure the company is making more informed decisions.
- Portfolio Manager: The role of a portfolio manager is crucial as it helps in maximising profits and managing the financial risks of the organisation.
Institutions to pursue a BSc Finance degree
Finance is among the careers which provide long-term stability. Finance is important for all industries, and to learn about finance and its different strata, one should pick the right institution. ATLAS SkillTech University is among the well-known institutions which offer a comprehensive approach to BSc Finance courses.
At ATLAS ISME, students are not only equipped with a detailed study about finances, but they are also taught about the dependency of a business on finance. The interactive classrooms allow individuals to interact with students from different walks of life and broaden their scope subsequently.
The experimental learning methods are inclusive of live projects and internships, which allow students to grapple with real-life BSc finance job problems effortlessly and succeed in their careers.
