6 Best Career Options for Financial Management Students in India

Choosing a career is the most critical decision in life as it has a long term impact. The decision to choose a career path is difficult because there is very less exposure to the real world and therefore it must be taken with caution.

For financial management, students who choose finance as their major have many opportunities in today’s business ecosystem. Finance has become the preferred choice of many B-school graduates as this sector has boomed tremendously in recent times both globally and nationally.

Finance career is a socially respected career option that is based on performance based on faster career growth. Technological advancements and financial inclusion in the country have broadened the resource base of the financial system and thus created many opportunities for skilled professionals.

The growth of the financial sector in India is currently almost 8.5% per year, which opens up new horizons for MBA students.

Best Career Opportunities for Financial Management Students in India can be:


All corporate entities have a finance department to perform all financial functions. These functions offer positions in functional areas such as accounting, taxation, auditing, budgeting and financial control. A professional with good analytical skills and versed in financial modeling and with a high work ethic can pursue a career in corporate cash management.


Fintech is the extensive use of modern technology in all financial functions. With the fusion of technology in finance, there is a huge demand for professionals in the BFSI sector, especially in the field of Fintech and other emerging technologies in finance. These career opportunities include positions in blockchain, cognitive technology, robotic process automation, and payment gateway experts.


The key role of the investment banker is to conduct research and evaluations to execute financing transactions, to evaluate and suggest investment opportunities. An investment banker is required for the implementation of long and short term financial plans and the recognition of new business opportunities.

Assessing the creditworthiness of existing or potential customers of the business is the primary responsibility that requires specialized knowledge of the field. You will review the financial transactions and credit history of potential customers to assess the level of risk.


The uncertain nature of the pandemic has heightened the need for a sense of security and assurance. The thriving insurance industry in the country offers various roles such as actuaries and analysts to data scientists and marketers.

With the advent of technology, understanding of new technologies such as AI and Machine Learning (ML) has become a requirement in the industry and has opened several avenues in the industry. The insurance industry offers opportunities for actuaries, consultants, marketers, customer service representatives, human resources professionals.


There is a wide scope for finance professionals in banking services such as business lending, SME lending, agricultural lending, microfinance, and foreign exchange management. The banking sector has a wide range of financial services in every function of modern banking; a career can be made in business development, banking services marketing, bank treasury operations and risk management.


The financial analyst career offers a career in forecasting future income and expenses, as well as modeling capital structure and budgeting and being responsible for monitoring a company’s financial plan. Professionals specializing in finance can become successful analysts.

Wealth managers hold extensive consultations with clients to learn more about their financial goals, risk tolerance and current asset allocation. The roles available are Financial Planning, Investment Management, and Wealth Preservation and Generation.

Written by Prof. Dr. Daviender Narang, it works as a lecturer and director at Jaipuria Institute of Management, Ghaziabad.

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Geraldine L. Melton