CareerAge.com
India's complete Jobs & Career .companion
 
 
 
 
CareerAge - Career Counseling
Ask a Question    
 
 
Subject: Job Prospective
Date: 17-Sep-2008
Question: Thanks, for answering my query can you also tell me that what kind of Profile & At what level Jobs are offered by bank to CA after qualifying course of Certificate in Project Finance conducted by IIBF-IFMR & What is the average salary paid if any figures are avaialable.

Question: Dear Sir, I am qualified Chartered Accountant & looking for career in finance, what are the career opportunities available after completing the course of Certificate in Project Finance conducted by IIBF-IFMR.

Answer: Project financing has become one of the core activities of banks in the recent years. With the growth in the economy and the revival in the industrial sector coupled with the increasing role of private players in the field of infrastructure, more and more banks are entering into the project finance area. This examination is specially designed, in collaboration with the Institute for Financial Management and Research (IFMR), Chennai, to familiarize candidates with basic issues arising in financing projects, as well as risk analysis and risk mitigation methodologies with a specific emphasis on structured financing.

The course is aimed at equipping bankers with advanced skills in the field of project appraisal, financing, etc.. The programme intends to provide practical knowledge in project appraisal and lending, to help the candidate in developing competence and overall expertise in project finance.

This competence standards certificate would help you in your career progression if you want to enter the banking sector.

All the best
CareerAge Counselor

Answer: The opportunities can be broadly classified into the following segments:

A wide range of opportunities is available in the fields of attestation and audits, internal and management audits,business and corporate advisory, national and international taxation in public and private banks.

You can work as a Finance and Accounts executive. With the high growth of the economy and increased reporting requirements, the need for finance and accounting executives is immense.

You can work in Investment banking and fund management. With the high growth in stock markets, careers in merchant banking, stock broking, business valuations, fund management, etc have unleashed unprecedented opportunities. This career option provides exciting financial rewards but is more volatile due to linkage with the stock markets.

Financial and business process outsourcing: This career option provides opportunities for dealing with international clients and good financial emoluments.

After qualifying Diploma in Banking & Finance your chances of employment in banks get enhanced. A candidate has to undergo a process of recruitment as prescribed by each bank e g. Written test, interview etc.

If you are a certificate holder of this course, IIBF will host a brief resume with photograph of all successful candidates on its website and make it available to our 650 institutional member banks. These include Public Sector Banks, Private sector Banks, Co-operative Banks,, Financial Institutions, NBFCs, & BPO Companies. IIBF would request them to consider Diploma in Banking & Finance holders for appointment. They would give preference to Diploma in Banking & Finance holders.

As far as the pay package is concerned, that varies from institution to institution.

All the best
CareerAge Counselor