Top 5 Financial Jobs in Ahmedabad with High Growth Potential
It might be financially rewarding as well as a thrilling step to pursue a profession in finance. The financial industry offers a wide range of professions that you can pursue based on your expertise and skill set. While you can join stock market courses in Ahmedabad and start a career in stock market, there are other options available as well. Knowing what kind of finance careers are available will help you select the one that best fits your needs. There are so many people from finance who search for highly paid lucrative jobs and this article addresses many finance job types covering their qualifications, duties, and pay.
1. Financial Analyst
Financial analysts oversee the finances of the company, analyzing information and providing guidance for financial management choices. They assess the potential results of business and investment proposals as well. They are typically employed by banks, insurance firms, funds, and other financial institutions in junior and senior roles. These professionals need to be proficient in communication and critical thinking in addition to having a foundational understanding of accounting and finance. Te average salary of a financial analyst in India is around INR 4,09,903 p.a
2. Compliance officer
To make sure that all operations are carried out in accordance with the standards established by the governing agencies, compliance officers or analysts work in public or private corporations, as well as occasionally in well-established charitable organizations. These experts are essential to the finance sector because laws and standards set out are what ensure long-term financial growth. Annual pay on average is around INR 5,39,500 and is one of the best-paying finance positions in India.
3. Financial Advisor
These experts help their clients set both short- and long-term financial objectives and suggest the best goods and services to help them reach those goals. For instance, an insurance advisor’s main responsibilities include conducting research, making recommendations on insurance products, and liaising with underwriting and risk managers to carry out their various work-related responsibilities. A financial advisor typically makes INR 6,00,000 per year.
4. Loan Officer
Loan officers process, approve, and authorize applications for credit, commercial, and real estate loans. After evaluating a candidate’s creditworthiness or financial situation, they interview them. Among their other responsibilities include creating debt repayment strategies and assessing relevant metrics and ratios. One can get employment as a loan officer in a credit union, commercial bank, or mortgage company.
A loan officer typically makes approximately INR 4,60,000 per year (starting salary). This is a lucrative finance position that offers a salary that rises with experience and time.
5. Investment Banker
Managing the investment portfolio of an investing entity is your responsibility as an investment banker. To put it another way, you monitor the funds your client invests in various ventures in order to maximize return and meet pre-established financial objectives. Investment bankers set up debt financing in addition to handling stock and bond offerings. They also have experience overseeing merger and acquisition transactions that maximize profits for investment banks.
The average salary of an investment banker is around INR 8,71,972 p.a
6. Private Equity Associate
Early-stage initiatives and expanding companies can get funding from venture capital and private equity funds. A profit-sharing or equity ownership in the investee company is required in order to receive this investment. Private equity associates communicate with investor firms and people and allocate funds to company ideas with development potential, much like hedge fund managers do. The average salary for this position is around INR 32,38,889 p.a