Finance is one of the highest-paying careers in India, and for a good reason. Only a small percentage of Indians have financial foresight and knowledge about financial management.
Many popular finance courses and degrees in India teach individuals about finances and financial management. Chartered accountancy, certified management accounting, chartered financial planners, company secretaries and financial risk managers are some of the leading options.
Once you finish your finance training, it's time to enter the job market. In that case, here are the highest-paying finance jobs that you can aim for.
Finance experts are responsible for guiding businesses' and individuals' finances and investment journey. It is a highly lucrative career with endless opportunities
Here are the eight highest-paying finance jobs:
Chief Risk Officer (CRO)
CROs are experts in identifying, evaluating, and eliminating business and operational risks. They bring a critical eye to business operations and finances. Through a CRO, companies get the right tools and expertise to navigate the financial risk frameworks of a business. Enrolling in an applied finance risk management course will further enhance your capabilities as a CRO by providing you with practical knowledge and advanced techniques to proactively manage and mitigate financial risks.
Job Skills:
- Risk analysis
- Data interpretation
- Industry knowledge
- Strategic partnerships
Average salary: INR 51 lakh/annum
Chief Financial Officer (CFO)
The CFO is the C-suite manager and overseer of the company's financial workings. The job includes financial modelling, fiscal planning, budgeting, financial analysis and risk management. CFOs also play a major role in making recommendations and providing insights into a company's financial workings.
Job Skills
- Expertise in finances and industries
- Problem-solving and decision-making skills
- Business management and financial undertaking
- Leadership
Average Salary: INR 45 lakh/annum
Hedge Fund Manager
A Hedge Fund Manager is in charge of capital analysis and market strategy. They come up with investment solutions through financial interrogation of the market. The role of a hedge fund manager is to boost the return on investment.
Job Skills:
- Financial forecasting
- Data analysis
- Finance management
- Account Ownership
- Decision-making skills
Average salary: INR 18 lakh/annum
Investment Banker
An investment banker handles mergers, business acquisitions, long-term assets, IPOs, stock issuance, and bond management. Investment banking is an excellent career option for finance experts with experience in multilateral business operations and finances. Enrolling in an investment banking course will not only deepen your understanding of the intricacies involved in financial transactions but also make you well-vesred with the latest industry insights and skills crucial for success in this competitive field.
You can apply in many popular and degrees in India which teach individuals about finances and financial management. Chartered accountancy, certified management accounting, chartered financial planners, company secretaries and financial risk managers are some of the leading options.
Job Skills:
- Research and analysis
- Communication and networking
- Leadership and presentation
- Time and project management
- Knowledge of M&As and other business growth strategies
Average salary: INR 12 lakh/annum
Management Analyst
Management analysts improve business performance by developing solutions and examining underlying issues that boost worker efficiency. Additionally, management analysts interpret data and information to create long-term and short-term proposals for the company.
Job Skills:
- Data analysis and management
- Strong communication
- Time efficiency and schedule management
- Curiosity and problem-solving attitude
- Strong interpersonal skills
Average salary: INR 11 lakh/annum
Compliance Officer
A compliance officer is a corporate executive who oversees a company's regulatory compliance. Operating a business, particularly in India, requires intense paperwork, daily check-ins and encounters with the local and state government. A compliance officer ensures that the business adheres to the permits and regulations enforced by the governing bodies.
Job Skills:
- Knowledge of local and central manufacturing and business law
- Handling data across all sections of the company
- Self-motivated entrepreneurial spirit
Average Salary: INR 6.5 lakh/annum
Financial Advisor
A financial advisor provides direction regarding the savings, investment and spending routine of a person or an organisation. Financial advisors are finance experts who study finance trends and interact with the market to find the various job-related tasks of a business.
Job Skills:
- Managerial skills and client relationship management
- Investment study and business development
- Research on spending, saving and other areas of wealth management
- Financial forecasting
Average Salary: INR 4.2 lakh/annum
Senior Accountant
A senior accountant is involved with the day-to-day assessment of a firm's assets, revenue and liabilities. In addition to their job as an accountant, senior accountants also collaborate with the C-Suite and work in tandem with the CFOs of the company.
Senior accountants oversee the financial spending and investments of a firm. They also work with top-of-the-ring executives and make reports on the financial decisions of a business.
Job Skills:
- Accountancy and detail-oriented account management
- In sync with the latest tools for financing
- Collaboration and organisation
Average Salary: INR 4.0 lakh/annum
Conclusion
The field of finance is ripened with opportunities for resilient, smart and hardworking finance graduates who are instrumental to every nation's economy. With the right training, career-forwardness and mindset, you too can avail yourself of one of these high-paying jobs in no time. Here are some banking and finance course which will provide you with a detailed understanding of financial principles, regulatory frameworks, and practical skills necessary for success in diverse finance roles.
