Best Finance Courses in India

1
(No Transcript)
2

• Financial Courses are offered in India at various
  levels. There are courses after intermediate,
  after graduation and after masters. Some of the
  courses are also offered as skill enhancement
  programs for working executives. These financial
  courses can be grouped in different ways there
  are statutory courses that are offered by bodies
  set up by acts of parliament, courses offered by
  various universities in India, courses offered by
  foreign boards by setting up representative
  boards in India.
• The financial courses offered in India relate to
• 1. Personal Finance
• 2. Corporate Finance
• 3. International Finance
• 4. Financial Management
• 5. Specialized Courses
• Through these courses, students learn how
  finances, investments and the economy affect a
  company and an Individual
• We have enumerated the all of the above type of
  courses and provided links to the website of the
  institutes that offer the best programs in the
  above domains of finance.
• Personal Finance
• Personal Finance means finance related to
  individuals. In personal finance courses the
  participants are taught How to manage finances of
  an Individual? The participants learn to create
  personal financial statements, analyze finances
  of individual, advice individuals on managing
  their finances in order to meet their financial
  goals. In a personal finance course, students
  learn how to counsel individuals on money-saving
  techniques and budgeting. Personal finance topics
  covered include auto loans, mortgage loans and
  budgets. Taxation, including saving money to pay
  taxes and getting the most out of deductions, is
  also covered.
• Personal Finance Courses can be taken after
  intermediate or graduation but it is advisable to
  pursue these programs after graduation. As the
  level of intellectual ability and pre-requisite
  knowledge required to pursue

3

• these programs is such that a graduate or
  students nearing completion of their graduation
  are better placed in doing so.
• Courses in Personal Finance
• 1. Chartered Wealth Manager (CWM)
• 2. Certified Financial Planner (CFP)
• Corporate Finance
• Corporate Finance deals with managing and
  analyzing finances of a Company or a Business. In
  corporate finance the sources and uses of funds
  is dealt for. In a corporate finance course the
  students learn maximize the wealth of the
  shareholders of a company by finding out best
  source of capital and also learn how best to
  deploy this capital for long term profit
  maximization for a company. Students learn about
  possible financial problems, such as the cost of
  capital and the risk of investing in a certain
  product or company.
• Corporate Finance Courses help the students
  develop skills in Financial decision making for a
  Company including capital budgeting/corporate
  investment, capital structure, corporate sources
  of funding, dividend policy and corporate
  contingent claims, international finance, and
  financial risk management. Some areas of
  corporate finance that are also very important
  are leasing, mergers and acquisitions, working
  capital management, standard theories of risk and
  return and valuation of assets.
• Corporate Finance Courses can be classified into
• A. Banking Courses
• B. Analytical Courses
• C. Financial Management Courses
• D. Financial Modelling
• Some of the Prominent Corporate Finance Courses
  are
• A. BANKING COURSES
• 1. JAIIB CAIIB Programs from IIBF
• 2. IFBI POST GRADUATE DIPLOMA IN BANKING
  OPERATIONS (PGDBO)

4

• 3. PGDM (BANKING AND FINANCIAL SERVICES) -
  NIBM (NATIONAL INSTITUTE OF BANKING MANAGEMENT)
• DIPLOMA IN BANKING - WELINGKAR EDUCATION
• B. ANALYTICAL COURSES
• 1. CHARTERED FINANCIAL ANALYST PROGRAM (CFA)
• 2. EDU PRISTINE POST GRADUATE CERTIFICATION
  IN FINANCIAL RESEARCH
• 3. BACHELOR OF FINANCIAL INVESTMENT
  ANALYSIS - AMITY UNIVERSITY
• 4. FINANCIAL AND BANKING ANALYSIS
  CERTIFICATION - IIMRA
• C. FINANCIAL MANAGEMENT COURSES
• 1. POST GRADUATE DIPLOMA IN (FINANCIAL)
  MANAGEMENT - NATIONAL INSTITUTE OF FINANCIAL
  MANAGEMENT(NIFM)
• 2. PGDM IN BANKING FINANCE MITCON INSTITUTE
  OF MANAGEMENT
• D. FINANCIAL MODELLING COURSES
• 1. FINANCIAL MODELLING USING EXCEL -
  EDUPRISTINE
• 2. FINANCIAL MODELLING COURSE - IMS
  PROSCHOOL-NSE
• 3. CERTIFICATE PROGRAM IN FINANCIAL MODELLING
  IN EXCEL - INDIAN INSTITUTE OF QUANTITATIVE
  FINANCE
• FINANCIAL MODELLING BSE
• OTHERS
• 1. Chartered Accountancy Program (CA)

5

• BRIEF ABOUT THE MAJOR FINANCIAL COURSES IN INDIA
• Chartered Wealth Manager (CWM) The CWM
  Program is offered by the American Academy of
  Financial Management USA. There are over 50,000
  CWM Certificants all over the globe occupying top
  positions in the Wealth Management and Private
  Banking sphere. The program is offered in India
  by American Academy of Financial Management India
  set up by AAFM USA.
• The program covers both Indian and Global
  content. It prepares the participants in the art
  and science of managing wealth of Ultra Affluent
  Clients. The participants build skills in
  managing local investments as well as global
  cross border investments.
• The program curriculum is divided into 2 levels
  level 1 is the foundation level and level 2 is
  the advanced level.
• The program is offered through Authorized
  Education Providers of AAFM India which include
  organizations like ICICI Direct, Indiacan a
  Pearson and Educomp Company etc.
• CWM is the highest global designation in wealth
  management globally and opens doors for
  International Jobs in top Banks and Financial
  Institutions.
• The program can be pursued after intermediate but
  the participants need to have passed graduation
  to be awarded the CWM designation.
• The program can be completed in 3-6 months.
• Certified Financial Planner CM (CFPCM) The CFP
  program is offered by Financial Planning
  Standards Board based in USA. The program enables
  the participants to learn Financial Planning for
  individuals. The program is divided into six
  modules and a participant needs to clear five
  examinations to qualify for the program.
• CFP program is the highest global designation in
  Financial Planning which equips participants to
  advise individuals in planning for their
  financial goals.
• Students need to be intermediate with 3 years of
  work experience to be awarded the CFPCM
  Designation.
• Difference between Financial Planning and Wealth
  Management
• Wealth Management is an advanced area of
  Financial Planning incorporating Financial
  Engineering, philanthropy, tax issues and
  portfolio management. The Professional Sequence
  in Wealth Management provides financial planners
  with the training to help wealthy investors
  navigate their particular challenges and
  opportunities.
• Difference between CWM CFPCM and CFA

6

• Chartered Accountancy (CA) It is one of the most
  widely sought after finance professions in India.
  A practicing CA is guided by the rules of
  Institute of Chartered Accountants of India ICAI
  and has got the legal right to file for Income
  Tax Returns ITRs of clients and doing audit of
  companies. CAs earn hefty fees for the services
  rendered. CA is a sure shot way of getting a job
  or starting your personal practice because the
  economic scenario implies that there will be new
  businesses opening every time and it is
  compulsory under government regulations for a
  company to get audited by a CA.
• This course is a optimum blend of practical and
  theoretical education. It consists of three
  levels of examinations and three years of
  practical training under a practicing Chartered
  Accountant. The Chartered Accountancy course is
  considered to be one of the rigorous professional
  courses in India. Preparation of CA happens in
  multiple phases and if pursued seriously it can
  be cleared in around 4 years.
• The first level of examination for CA The CPT or
  Common Proficiency Test is the first level of
  Chartered Accountancy examinations. A person can
  register for CPT after completing Grade 10 and
  take the exam after completing High School (Grade
  12).
• The second level of examination for CA IPCC or
  Integrated Professional Competence Course is the
  second level of Chartered Accountancy
  examinations. A person can take the IPCC
  Examination after passing CPT and nine months of
  study. IPCC has two groups of seven subjects.
  Group - I consists of four subjects and Group -
  II of three subjects. A passing grade is awarded
  if the candidate obtains 40 marks in each
  subject and 50 in the aggregate in each group.
• The third and final level of examination for CA
  CA Final Examination is the last and final level
  of Chartered Accountancy Examinations. Any person
  who has passed both the groups of IPCC, during
  the last six months of articleship can take the
  Final Examination. This exam consists of two
  groups of four subjects each. A passing grade is
  awarded if the candidate obtains 40 marks in
  each subject and 50 in the aggregate in each
  group.
• Actuaries Typically an Actuary uses financial
  and statistical techniques to solve real business
  problems, particularly that involving risk
  management. But what sets them apart from their
  counterparts in other professions is the natural
  mathematical, economic and statistical aptitude,
  awareness and the ability to apply these to
  situations in the real financial world.

7

• The program is offered by Institute of Actuaries
  formerly known as Actuarial Society of India. The
  program has a total of 15 papers after the
  completion of which the person can get jobs in
  insurance sectors namely premium calculation,
  policy formulation or insurance marketing with an
  average package of around INR 50 lakhs. Actuaries
  have an added advantage that the person can do a
  job along with clearing the papers and each
  successive paper adds to the existing pay package
  the person is getting. There are around 200
  fellow actuaries in India.
• The Chartered Financial Analyst (CFA) Program is
  a professional credential offered by the CFA
  Institute (formerly AIMR) to investment and
  financial professionals. A candidate who
  successfully completes the program and meets
  other professional requirements is awarded a "CFA
  charter" and becomes a "CFA charter holder.
• The program prepares the participants in becoming
  proficient in Financial Analysis, Equity Research
  etc. The CFA charter is a qualification for
  finance and investment professionals,
  particularly in the fields of investment
  management and financial analysis of stocks,
  bonds and their derivative assets. The program
  focuses on portfolio management and financial
  analysis, and provides a generalist knowledge of
  other areas of finance. Additionally, the CFA
  charter has experienced increasing relevance and
  demand within corporate finance.
• The basic requirements for participation in the
  CFA Program include holding or being in the final
  year of a university degree (or equivalent as
  assessed by CFA Institute), or having four years
  of qualified, professional work experience in an
  investment decision-making process. To obtain the
  charter, however, a candidate must have completed
  a university degree (or equivalent) and four
  years of qualified, professional work experience,
  in addition to passing the three exams that test
  the academic portion of the CFA program, as
  discussed below.
• Candidates take one exam per year over three
  years (assuming a pass on the first attempt).
  Fees as of December 2009 for each exam range from
  710 to 955, depending on the date on which the
  candidate registers to take the exam, plus an
  additional 400 to 480 for program enrolment for
  new members.

8
https//www.aafmindia.co.in/ Thank You