What are the career & job prospects in India and abroad for Master of Finance and Accounting?

The Master in Finance is intended to prepare students for a wide range of careers both inside and outside the financial industry. It May be M.Sc or MBA in Finance and Accounting. They can get work opportunities with government and public sector companies as finance officer, risk manager, insurance manager, treasures, manager finance & accounts, to name a few. Though, designations may vary according to company profile. Companies also hire financial managers as consultants who advise senior managers on various business issues. Government also receives advice from financial experts in various issues related to finance and investment. It is a dynamic subject, its scope and area of operation have been always increasing, keeping pace with the changes in socio-economic changes. Salary varies depending on your grade and designation. At the entry-level position, you’d be given the designation of a staff accountant where you would get to work on cash accounts for audits. In a company, you would possibly be given the charge of accounts payable and accounts receivable. Further ahead, you would become the internal auditor, keeping a tab on the finances of the company and be the real financial truth-teller. Budget and credit analysts come higher up on the ladder. Budget analysts are in the key position of allocating specifics budgets for the company. Credit analysts are generally employed by banks to figure out whether or not a customer can pay back a loan. As a trainee, one can start with a salary of Rs.8000-Rs.150000. one can command a higher salary as the experiences raises, generally MNCs and private companies pay higher.

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