Building a promising career in finance might seem confusing. But the best way to approach the problem is to take small steps. Probably the most crucial step to take here is the right finance certification. Certified courses are as important in India as they are in the rest of the world. Students and young professionals covet the stream, and you should know the courses you need to take. Let us take a look at some of the top finance certifications that you can pursue in India.
1. Chartered Accountancy
The title of a Chartered Accountant is offered by the Institute of Chartered Accountants in India. This has always been a very prestigious professional qualification. This is a rigorous course in the field of Accounting and Finance. This will open doors to various other career opportunities in finance. Almost every business organisation employs CAs. These professionals take care of auditing, corporate finance, taxation, accounting, and legal counsel. A lot of financial services and banks look for CAs. It can take somewhere between 4-7 years to complete the course.
2. MBA Finance
After the Chartered Accountancy, a certification of Masters in Finance or Masters of Business Administration in Finance is the next biggest thing. This is a career that requires skills in economics, mathematics, and finance. The rigorous curriculum, along with a good internship in good organisations creates efficient managers in finance. The MBA in Finance is basically a course covering almost all the basic requirements for a specialised finance job in the country. The course takes two years to complete.
While an MBA in finance is like a course that tries to cover all the business and finance domains, the course is not specialised for any specific function. In this era of super specialization, if you would like to make a career in investment analysis and portfolio management, you would want to take a look at the CFA course. It is considered the gold standard in this domain. The curriculum is very rigorous, and the student needs to go through a gruesome study routine in order to earn the certification. Start looking into the CFA level 1 fees if you are considering the certification.
ACCA classes in Mumbai can help you earn the ACCA certification. This certification is designed for those inclined towards financial accountancy, audit, taxation, and internal auditing. ACCA online classes can help students to clear the global certification that is recognized in 78 markets globally. In order to clear the three ACCA levels, proper ACCA coaching can help. Also, compared to some other exams, it is much easier to pass.
Just like the CA qualification in India, CPA is the highest accounting qualification in the US. A student can earn the qualification by passing the CPA exam. The certification is regarded very highly throughout the world. With a CPA degree, you could be considered for roles abroad as well.
These are some of the top certifications in India that you should put your time into.