For those who are interested in the field of Finance and want to make a career as a Certified Financial Analyst, CA, CMA or CS, Certified Trading Analyst -CTA also known as a Chartered Market Associate -CFA, or a Chartered Financial Analyst-CFA then this post will give you an insight into on what you need to know about this profession. As defined by Wikipedia, financial management is an academic discipline that deals with the monitoring and analysis of financial resources to maximize the value it generates for an organization.
A CFA, CMA or a CA is expected to be independent and critical thinking. A non-biased approach to financial data/information is essential for the success of a financial manager. They are expected to establish, design and maintain standards for effective cost control.
What are the courses in the curriculum?
Financial Management (FM) courses are offered by universities, colleges, financial institutions and others. If you are planning to join an academic institution, you should check the FM courses offered by the institution. Some institutes offer one-year duration courses, but some institutes have three-year programs. While institutions may have different FM curricula, the three predominant areas of coverage are:The number of credits for each course varies with the institution but usually ranges from 12 to 20 credits.
What does financial management include?
Financial management is a term used in many industries and different countries. “FM” covers all aspects of financial management, including Finance, accounting, economics and business. Financial managers are expected to report revenue, expenses and profits accurately. A CFA, CMA or a CA is expected to provide business projections that meet their clients’ needs. If you are interested in pursuing the CA, CMA or CS after studying for FM, you should know what you will be expected to know. Some of the mandatory topics are that A CFA is expected to use their mathematics, accounting, and Finance to analyze market forces.
Who creates and sell Financial Management courses online?
Some sites offer advanced online courses for FM and all the other CA, CMA or CS candidates who want to specialize in one particular area of Finance. In this case, you will concentrate on a particular area of Finance, like an equity investment. CFA, CMA or CS candidates who specialize in one particular area of Finance can look for financial management courses.
How do you get Financial Management?
You have to write an entrance exam and then apply for admission at a university. Universities have the FM curriculum that they use to evaluate applicants. In some institutions, you must take the entrance exam before sitting the FM examination. how to sell online courses for Fm(Financial Management)? Still, in other colleges, there might be a second round of assessment on your performance during the 1st year, after which you will sit for the final evaluation and entrance exam. If you sit for a Final Examinations, then complete your studies bypassing the Pre-shipment Exam (one-time assessment) and Theory Test (four months assessment).
What is the difference between Financial Management Courses and Investment Banking Courses?
Financial Management Course is usually offered by universities, colleges, financial institutions and other companies not affiliated with financial institutions. They offer courses to prepare individuals for careers in Finance and Investment Banking. Financial Management Course gives theoretical knowledge of security analysis, asset management, investment strategies and many more.
A CFA, CMA or a CA is the most prestigious title given to Certified Financial Analyst, Chartered Market Associate or Chartered Accountant, respectively. It is given only to those who pass stringent tests of educational attainment and longevity in the industry. A CFA, CMA or a CA is expected to create financial statements necessary for a business or an organization to make informed decisions regarding them.
What will be your career opportunities after you have completed the course?
After completing the FM degree, most graduates look for a career as a financial analyst, whether it is in banks, government or private sector, or in academia. Graduates can also choose to work as finance managers. A CFA is expected to be at par with the top managers in all large organizations on financial issues. You may also work as an insurance underwriter which requires you to test, analyze and evaluate the risks associated with lending money to individuals and corporations who purchase insurance policies from an insurance company. Another option is to work for a corporate treasury department or investment banking firm. You can also go on to work with pension funds. A CFA may also become a portfolio manager who manages the assets of individuals, trusts and corporations.