What are the highest paying jobs in Finance sector in India?
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- Updated On:17-Oct-2022
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Short Answer
Financial sector has huge potential when it comes to careers. The pay is more influenced by experience and specialization, and once you have experience, your earning potential is unbounded.
Detailed Answer
Finance is an extremely lucrative and satisfying field to work in. Financial job roles are constantly evolving and changing. As a result, those working in this field have a good chance of quickly developing their careers. Today we will see the highest-paying jobs in Finance sector in India.
What are the highest paying jobs in Finance sector in India?
Here is a list of highest paying jobs in Finance sector, to name a few:
1. Hedge Fund Manager
A hedge fund manager is responsible for gathering money from numerous investors and investing it in a portfolio that generates the best returns while posing minimal risks.
Education Qualifications:
- Minimum qualification: Bachelor's degree in Accounting, Finance, or Business.
- Extensive investment knowledge, and many years of financial experience.
Roles and Responsibilities:
- Conduct research and analysis of the market
- Offer advice to the clients
- Manages investors' portfolio
- Risk Management
Average Salary - Rs 16 LPA
2. Investment banker
An investment banker is a person who frequently works for a financial institution and whose main focus is on raising capital for businesses, governments, or other entities.
Education Qualifications :
Minimum qualification:
- Bachelor's degree in Accounting, Finance, or Business but preferred at least MBA in Finance.
- Certified and experienced financial advisor
Roles and Responsibilities:
- Conduct research and analysis of the market
- Review investors and their potential
- Offer advisory to the firms
- Manage IPOs
- Prepare reports, models, and forecasts
Average Salary - 13 LPA
3.Private Equity Associate
A private equity associate is a business executive who participates in all aspects of finding, managing, and selling an investment position for clients is known as a private equity associate.
Education Qualifications :
Minimum qualification:
- Bachelor's degree in Accounting, Finance, or business but preferred at least MBA in Finance
- Experience and certification as an Associate Chartered Accountant (ACA)
Certified Financial Planner (CFP).
Roles and Responsibilities:
- Find potential investors and raise capital from outside investors.
- Associate senior executives in managing funds.
- Negotiate, organize, and complete fund documentation for clients.
Average Salary - 8 LPA
4. Asset Manager
Asset managers oversee and manage a business's assets. This might include resources like cash, securities, precious metals, and other financial products.
Education Qualifications :
Minimum qualification:
- Bachelor's degree in Accounting, Finance, or Business, but preferred at least an MBA in Finance.
- MBA in some cases.
Roles and Responsibilities:
- Conduct research and analysis of the market
- Manages client assets in line with their investment preferences and objectives
- Identify investment opportunities while keeping minimal risk.
Average Salary - 9 LPA
5.Financial Risk Manager
Financial risk managers analyze financial markets and the global environment to identify risks, forecast changes or trends, and create plans to mitigate their effects.
Education Qualifications :
Minimum qualification:
- Graduation in any field and
- Financial Risk Manager or the FRM certification
Roles and Responsibilities:
- Analyze potential risks and predict changes or trends in the market.
- Analyze the external risk factors that could have an impact on the company's market position.
- Create strategies to mitigate the effects of potential risks.
- Read and analyze the new financial laws and rules.
Average Salary - 8 LPA
Highest paying jobs in Finance sector in India
Financial sector has a lot more opportunities and the salary varies from company to company and depends upon your qualification and more importantly on your experience.
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