Top 10 Careers in Finance

Top 10 Careers in Finance

Edited By Dinesh Goyal | Updated on Aug 23, 2023 06:24 PM IST

The finance industry is built on the concept of money. Making a career in finance means to deal with how to use, invest and spend money. One needs to have earned their degree in finance in order to find employment in the field. To pursue a career in finance in India, he or she must participate in an internship. One might choose from a variety of rewarding career in finance in India.

Top 10 Careers in Finance
Top 10 Careers in Finance

This article ‘Top 10 Careers in Finance’ is providing the list of ten best careers along with additional information. Interpersonal, analytical and mathematical skills are the bread and butter to apply for jobs in finance. The basic eligibility criteria for these careers in Finance in India is Bachelor’s degree in Finance, Accounting, Business or any other related subject. A candidate can earn a huge amount of salary in the finance sector by learning the skills required for finance jobs. Stay tuned here to know more about the best careers in Finance along with skills required, salary range, eligibility.

Top 10 Careers in Finance

In the following table, students can check the list of top 10 careers in finance which includes salary range and finance job requirements. Then, they should read the detailed information about career in finance in India to choose the best career as per their interest.

List of Top 10 Careers in Finance in India

Career Name

Education Qualification

Salary Range

Accountant

B.com from a recognized university

Rs. 1.3 Lakh to Rs. 5.8 lakh

Financial Planner

Bachelor’s degree in Finance and CFP qualified

Rs. 3 lakh - 10 lakh

Financial Analyst

Bachelor’s degree in Finance, Accounting, Business

Rs. 2 lakh to Rs. 10 lakh

Financial Advisor

Bachelor’s degree in Finance, Accounting, Business

Rs. 2 lakh to Rs. 10 lakh

Investment Banker

Bachelor’s degree in Finance, Accounting, Business

Rs. 3.5 lakh to Rs. 60 lakh

Budget Analyst

Bachelor's degree in Accounting, Economics, and Statistics

Rs. 3 lakh to Rs. 30 lakh

Portfolio Manager

Bachelor's degree in Accounting, Finance, Economics, or Business Administration

Rs. 3.5 lakh to Rs. 40 lakh

Credit Analyst

Bachelor's degree in Accounting, Finance

Rs. 2.5 lakh to Rs. 20 lakh

Risk Analyst

Bachelor’s degree in finance or related field

Rs. 2.9 lakh to Rs. 10 lakh

Business Teacher

Bachelor’s degree in Business

Around 3 lakh

Check courses after 12th to choose the best course which will aid in making a career in finance.

Accounting means to deal with transactions, sales reports, production, keeping inventory records. This is the most opted career among the careers in finance. Being an accountant, one needs to maintain accounts and prepare various reports as per requirement.

Skills required:

Good mathematical skills

Communication skills

Problem-solving skills

Analytical skills

Active learning

Accounting skills

Top Employers: Deloitte, BDO International, Sachin Gujar & Associates (SGA), SS Kothari Mehta & Co., Ernst & Young

Eligibility: Students need to complete a Bachelor's Degree in commerce and learn tally or any other course to know about professional accounting. They can join an internship in a company to have some practical knowledge of the concepts. Then they can apply for a job as an Accountant in a reputed company.

They are responsible for investment, expenditure, savings planning as per available budget to achieve financial objectives. Candidates can work in corporations as financial planners which is the best among the top 10 careers in finance. Alternatively, they can consult individuals to help them in managing financial activities.

Skills required:

Good interpersonal skills

Analytical and problem-solving skills

Decision making

Strategy researching

Top Employers: HDB Financial Services, Bajaj Capital, Kotak Investment Advisors Limited, IDFC Asset Management

Eligibility: Students can start their career as a financial planner after completing graduation in Finance. They need to go for an internship to have some practical knowledge. They can also qualify a Certified Financial Planner (CFP) exam to earn a professional certification in financial planning.

Financial Analyst is responsible for analyzing financial data to access the performance of a business. They help people in investment and finance decision making by presenting financial reports and models. This is the most suited one among careers in Finance for the candidates who are interested in business predictions by analyzing the data.

Skills required:

Good analytical skills

Computer knowledge and proficiency with MS Excel and Powerpoint

Aptitude and reasoning skills

Research and analyzing

Marketing skills

Communication skills

Top Employers: American Express, Goldman Sachs, Deloitte, Edward Jones, Morgan Stanley

Eligibility: After completing the Bachelor’s degree in Finance, Accounting, Business and any other related field, one can go for an internship. Candidates can also apply directly for a job in companies as per the company’s policies.

Financial Advisors analyzes the market and financial data to suggest the clients regarding savings, investment and expenditure. They are responsible for developing and maintaining relationships between clients and investors. This is the lucrative one among the top 10 careers in finance for the candidates who have good marketing and analyzing skills.

Skills required:

Interpersonal skills

Time management and customer service skills

Marketing skills

Explanation skills

Decision-making

Communication skills

Top Employers: Bajaj Capital Limited, Go 4 Advisory Services, Paar Tax And Investments Consultants Limited, Unit Trust Of India

Eligibility: Candidates need to pursue a Bachelor’s degree in Finance, Accounting, Business and any other related field. They can get on-job training by joining as an intern. Then they can apply for jobs in Finance companies.

An investment banker analyzes and researches the market to help clients meet their goals. They prepare a price report for the company who needs funds or money to grow. The main role of an Investment banker is to close the deal between an investor and a company or client. Candidates who have completed a Bachelor's Degree in Commerce or MBA can be an investment banker to make careers in finance.

Skills required:

Good communication skills

Analytical thinking

Innovation

Mathematical skills
Networking skills

Explanation skills

Top Employers: Goldman Sachs, Deutsche Bank, Citigroup, Wells Fargo

Eligibility: Candidates can get a job in a finance company as an investment banker after completing an internship. They can also open their own consultancy to guide people to invest in the right direction.

Candidates with good numerical and analytical skills can be a budget analyst which is reputed one among the careers in finance. Various job opportunities are available for a budget analyst in the government and private sector. They will have to prepare budget reports for a company or organization. These reports help them to plan financial activities as per available budget.

Skills required:

Good estimation skills

Analytical skills

Decision making

Proficiency with MS office to make reports

Budget Management

Mathematical skills

Top Employers: Amazon, Red Hat.

Eligibility: Complete a Bachelor’s degree in accounting, business administration and finance. Go for an internship or earn a professional certificate in financial management. Some companies may prefer a candidate with a Master's degree.

Portfolio manager is the most prestigious career among the top 10 careers in Finance. Being a portfolio manager, one is responsible to manage investment portfolios on behalf of individuals, firm or an organization. A portfolio manager must be innovative and decisive to make a successful career in finance as they need to invest money and hold or sell the funds accordingly.

Skills required:

Decisiveness

Quantitative Skills

Research and prepare reports

Relationship Management Skills

Top Employers: HDFC Mutual Fund, Aditya Birla Sun Life Mutual Fund, Reliance Mutual Fund, SBI Mutual Fund

Eligibility: Complete a Bachelor’s degree with the study of finance-related subjects such as finance, economics, Accounting and others. Go for an internship and apply for a portfolio manager job in a finance company.

  • Credit Analyst

The main role of a credit analyst is to analyze credit worthiness of a customer. This is the most responsible job among the other all careers in finance. They analyze the financial briefing of customers applying for loans. They read their financial statements of a borrower to ensure that the individual or company can repay the loan.

Skills required:

Problem-solving and analytical skills


Accounting skills


Multitasking


Proficiency with Financial/Statistical software


Top Employers: Crisil, Axis Bank, American Express Co. (AMEX), Standard Chartered Bank

Eligibility: Earn a Bachelor's degree in finance, accounting, business administration or economics. Candidates can pursue a certification course in risk analyst from the National Association of Credit Analysts (NACA). It will add on to their qualification which will be helpful to get into a career in Finance.

A risk analyst is responsible for predicting the future conditions of the market by analyzing the current trends and other all factors. Thus they help business organizations to invest in the right direction with minimal financial risks. Various career opportunities are available for a risk analyst in all industries which is expected to increase in the forthcoming decade. These are some highest paid finance jobs in India.

Skills required:

Research skills

Negotiation skills

Mathematical skills

Problem solving skills

Analytical skills

Market awareness

Top Employers: EY (Ernst & Young), Credit Suisse, J.P. Morgan Chase & Co. (JPMCC), Amazon

Eligibility: Get a Bachelor's degree from a recognized Institution/College/University. Join an on-job training on a project under a risk manager and apply for a job in a finance or any other industry related company.

  • Business Teacher

This is the prominent career among top 10 careers in finance which provides name and fame. A Business teacher is the one who shares his business experience and skills with other business professionals. Some business teachers also work in school/colleges to teach students accounting, finance, marketing and other business related subjects.

Skills required:

Ability to explain technical things in simple language

Good communication skills

Knowledge of business related subjects

Critical thinking and learning strategies

Eligibility: Students can make a career in the finance sector using their analytical and mathematical skills. 12th pass students need to acquire a professional certificate such as to apply for a job in finance company. However some companies prefer graduate candidates. Complete a graduation course in Finance, Business, Accounting and other related subjects. Go for internship to upgrade skills or acquire a professional certification Apply for Job in a finance company. Also, keep upgrading skills and stay updated with new strategies to grow in the finance sector.

Know about Careers in Finance and other related sector

Frequently Asked Questions (FAQs)

1. Can I apply for Jobs in Finance after 12th?

Yes you can apply for a job in finance after 12th if you have pursued a professional certificate course.

2. What is the salary range in finance careers?

The salary may vary from Rs. 1 lakh to 60 lakh on the basis of various factors.

3. Which is the best career in Finance?

Financial Planner, Analyst, Advisor, Investment Banker, Budget Analyst, Portfolio Manager and some others are the best careers in the finance sector.

4. Is a career in finance good for the future?

Yes, the finance sector will provide many opportunities in the coming decades which will help a candidate to grow.  

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