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All You Need to Know About Top Finance Courses After Graduation

Do you have any idea why most students consider Top Finance Courses after Graduation? I don’t want to sugarcoat anything which is why I will share one important truth today; jobs in the finance domain usually have a higher salary package. Apart from that, established and reliable institutes offer top-notch education and training to aspiring finance employees. It means learners can get their dream jobs alongside enjoying a higher CTC. If you are one such individual with the will to acquire finance-related skills, this article is for you. This content will give you a glimpse of the importance of the courses, types of fruitful programs, and tips to choose a relevant career path.

Top Finance Courses After Graduation

Trending and useful finance courses

It is important to know the popular and booming programs to make the right choice. Choosing an appropriate course will let you enter the field of your interest with readiness. This is why a few fruitful courses are discussed below. 

What is a Financial Modeling Course?

Financial modeling is a concept that revolves around the usage of software Excel sheets to develop a model that can study the entity’s financial performance to predict the risk and accordingly direct the management to make informed decisions. A range of financial variables are involved in financial modeling such as loans, cash flow predictions, inventory, inflation, and depreciation. It is a tool useful for the identification and evaluation of a company’s current and potential problems. 

A range of financial models are present; Initial Public Offering (IPO) Model, Discounted Cash Flow (DCF) Model, 3 Statement Model, Leveraged Buy-Out (LBO) Model, Leveraged Buy-Out (LBO) Model, Sum of The  Parts Model, Asset and Liability Management Model. An educational entity that focuses on training the graduates or 12+ pass students the various elements of the financial modeling concept names the program as a financial modeling course. Learners get to acquire crucial skills from the course related to accounting, excel, aptitude, data estimation, forecasting, simplification of complex concepts, etc., 

Career Opportunities

The trainees get to accept job offers from companies based on the chosen course. Here are some career opportunities that arrive at the doorstep of learners post completion of the course. 

  • Financial Director, Manager, Analyst
  • Equity Research Associate, Analyst
  • Investment Banking Analyst

Financial Director, Manager, Analyst:

Financial managers own the accountability to identify the financial status of the business which includes finding out the need for investment or funds, creating and implementing strategies to move it forward. Whereas financial directors take up the charge to enhance the banking relationships and manage budgets. Analysts assigned in the financial domain have a duty to evaluate the performance of stocks and bonds to decide on future ventures. 

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Equity Research Associate, Analyst:

Associates must have good Excel skills to create financial models as per the requirement. Research analysts are hired to perform in-depth research related to stock markets. So that they can submit their findings to investors and help them make purchase and sale decisions regarding shares. 

Investment Banking Analyst:

As the name suggests, anyone trained in investment dealings is recruited to identify the investment opportunities prevalent in the market. They may also handle acquisition and merging tasks. These employees are expected to be updated with the latest information on investments, the stock market, and the financial status of the organizations to assist the company in achieving long-term benefits. 

GST Certification Course

A course that is specially designed for graduates and professionals like Chartered Accountants, Certified Management Accountants, Management Accountants, and Company Secretaries along with students with a will to develop their problem-solving skills, and decision-making skills to get placed in reputed organizations that offer higher CTC is called a GST certification Course. The program is designed to educate the learners on the taxation system in India and the Goods and Services Tax (GST). 

Career Opportunities

Once an individual completes the course from a well-established ed-tech company, they will have many career prospects at their feet.

A Few of Them Are Listed Below:

  • Taxation Manager
  • Taxation Research Analyst
  • Reconciliations
  • GST Compliance Practice
  • GST Consultancy Practice
  • GST Legal Practice
  • GST Department
  • GST Practitioner
  • GST Trainer

Taxation Manager:

Every business needs a knowledgeable and skilled person to take care of tax-related issues. The size of the organization decides the type and title of that person. Large corporations have distinct managers to handle taxes; direct and indirect. The entity also keeps a department to regulate obedience tasks and complicated problems. The tax representative is expected to have expertise and knowledge to deal with GST portal workshops, MS Excel and Word, and drawing techniques.  

Taxation Research Analyst:

Many huge organizations employ tax judges to review their contracts from a tax perspective to prevent unnecessary legal consequences due to improper documentation. Legal agreements may include implicit liabilities for both parties which is why companies hire taxation research analysts with knowledge of GST provisions and the ability to apply them. 

Reconciliations:

Large personifications have many dealings records to reconcile. Purchases, sales, and input duty credits have to be kept an eye and balanced. One incorrect entry can change the value of the GST return and that can lead to catastrophic mismanagement. This is why reconciliations are important for any organization. Any entity subject to GST should conduct the below reconciliations. 

  • Manually recorded sales reported on GSTR 3b and GSTR 1
  • Taxes incurred on reported sales
  • Credit for input taxes related to the purchases
  • GSTR 2a and 2b with input tax credit

Skills that are required to perform the above tasks are Ms. Excel, GST obedience, and GSTN gate.

GST Compliance Practice:

Many small businesses do not have a dedicated team to deal with their GST compliances. They outsource their compliance activities to experts. Any individual with hands-on experience in compliance audits can offer their services to organizations in need. Independence is the best aspect of offering GST compliance services. Entities that practice GST compliance must have critical abilities such as staff management, efficient handling of bulk forms, and knowledge of sales tasks. 

GST Consultancy Practice:

It is not easy to interpret and apply laws in reality for most corporations. An in-depth understanding of legislation is mandatory to comply with relevant laws. A GST consultancy closes all the gaps in the GST management of a company and helps it make better decisions considering the case laws and legal precedents. Any person with a GST certification and necessary analytical abilities can dive into the GST Consultancy Practice.

GST Legal Practice:

It is common for taxpayers to receive GST notices. It may take time to let the concept of GST sink in for many entities. The terminology used in the law has several interpretations. This means there is a scope for taxpayers to commit mistakes and a requirement for the department to take action for the same. An entity that is well-versed in GST legal practice can assist the companies/common civilians in the right manner. Their job is to ensure the protection of the taxpayer’s interests to the fullest. The needed skills to set up GST legal practice are representation, action trends knowledge, and exemplary drafting. 

GST Department:

This is no brainer; the GST department needs personnel to handle the tasks. The taxation division owns the responsibility to collect proper charges. They also have to review and take action on responses obtained by interpretational deviations. If you are an individual having extensive legal understanding, you can be part of the GST department. 

GST Practitioner:

Apart from the GST certification, a passing result from the NACIN test will give the candidates the opportunity to work as a GST practitioner. The law grants permission to perform certain activities for the taxpayers.

GST Trainer:

Top educational institutions have GST in their curricula. Existing tax professionals choose GST programs to excel in their field. This sheds light on opportunities to get trained and tutored to become a GST trainer.

BAT Course

BAT stands for Business Accounting and Taxation. The program highlights the concepts of taxation and business accounting. The duration, curriculum, and fees of the course depend on the chosen educational entity. However, it is to be noted that the career prospects for this program are many and a few institutes also offer placement assistance to their students. 

Career Opportunities

Individuals who complete the comprehensive BAT course are exposed to a variety of job offers. Out of which, some are explained below for your reference. 

  • Income Tax Officer
  • Auditing Assistant
  • Accounting manager
  • Budget Analyst

Income Tax Officer:

This is one of the common job profiles available after the completion of the BAT course. To begin with, income tax is the amount collected by the government to maintain the economy. The duty of an income tax officer is to ensure the collection of taxes from the payers. This is performed by carrying out regular audits on the income of civilians and corporations. They also guide the taxpayers with tax codes and the state’s business. They carry out due diligence to find out the citizen’s adherence to tax laws. 

Auditing Assistant:

The other name for an auditing assistant is an auditor whose responsibility is to check the accounting records of the taxpayers to validate their authenticity. The latest changes in the profile of an auditing assistant direct them to advise taxpayers on their overspending habits. They prepare financial reports as well as daily records and statements. They are expected to keep an eye on the timely maintenance of the accounting records. Their work is similar to the investigation as they review financial records to find fraud and accordingly take action on the relevant parties. 

Accounting Manager:

The professional with the accountability to take care of a business’s accounts and records is an accounting manager. Their main task is to ensure conformity with accounting standards in the bookkeeping section. They also need to check if the organization has sufficient funds to clear off their debts and pay taxes on time. 

Budget Analyst:

If you have successfully finished the BAT course, the budget analyst is the role you should run after. The profile involves duties that include the preparation of budgets for a company. The decision related to money allocation to the company’s operations lies with a budget analyst. They should use a cost analysis method to determine the budget for the company. The budget for the next year must have sections that display the potential expenses, profits, investments, and cash flows of the corporation. 

Tally Course

The educational program that is developed to enlighten students on the application of a software tool for inventory management, TDS calculation, GST, amending company details, etc.,  is called a Tally course. Many companies utilize Tally software for the seamless recording of business transactions. Anyone in search of Top Finance Courses after Graduation must choose this accounting program. The colleges that offer this course usually provide a certificate of completion along with lifetime support to students. That being said, the duration and offers of the program may vary from institute to institute.

Career Opportunities

The job prospects that arrive on completion of the Tally program are numerous. A few of the well-known opportunities are listed below for your comfort. 

  • Accounts Assistant
  • Tally operator
  • Payroll executive
  • Taxation executive
  • Accounts Manager
  • Financial analyst

Accounts Assistant: Any individual in this position is required to provide assistance to senior accountants in the maintenance and generation of financial records along with bank reconciliation, GST compliance, and inventory management. 

Tally Operator: A person who is assigned to carry out tasks on a Tally such as generating reports, taxation, maintaining ledgers, and data entry that includes purchase, sales, receipt, purchase, and journal entry is referred to as a Tally operator. 

Payroll Executive: This job profile needs the professional to simplify payroll management by generating reports by entering employee salaries, profile details, benefits, and deduction details. This role also includes generating pay slips, automating calculations, and ensuring compliance with regulatory and legal requirements.  

Taxation Executive: As the name suggests, the employee is hired to use the software to calculate and file taxes, check procedures’ adherence with tax laws, track tax credits and liabilities, alongside responding to tax-related inquiries. Filing tax returns on online platforms is also a part of the responsibilities of a taxation executive to streamline tax management. 

Accounts Manager: An accounts manager is supposed to maintain the multiple clients of the business from a single location, and track crucial financial data with the use of the Tally application. The software tool facilitates the creation and management of ledgers, the generation of invoices, updating clientele data, and tracking expenses. 

 Financial Analyst: Tally software makes the life of a financial analyst easier by providing options to perform financial analysis of data extracted from various sources such as invoices, balance sheets, and bank statements. Their key role is to analyze data to provide useful insights into business to create recommendations for better decision-making. 

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Tips to Choose the Right College for Top Finance Courses After Graduation

Identifying the kind of upskilling program you require is a task and finding out the best institute that offers Top Finance Courses after Graduation is a challenge at the next level. You don’t have to worry about it anymore now, as I have come up with a list of hacks to make your life a cakewalk.

  • Mode of training
  • Area of specialization
  • Eligibility criteria
  • Course fees and duration
  • Placement assistance
  • Reviews and certifications

Professional Courses from IIM SKILLS

Mode of Training:

Some students prefer attending college to interact with the trainers and get their queries resolved in person whereas some like to be present for live online lectures. What is your choice? If you belong to the latter category, go online and research the ed-tech companies. If you fall under the former category, do online as well as offline research to find conventional institutes. You could also use the help of your friends and family to get references. 

Area of Specialization:

As mentioned earlier, there are a variety of Top Finance Courses after Graduation. Which specialization interests you? Are you into taxation? Or do you want to acquire training on financial reporting related to accounts? Once you fix one area of interest, narrow down your list of colleges that offer them.

Eligibility Criteria:

Finding out an educational entity is easy compared to finding one that does not have eligibility criteria for admissions. Yes, a few colleges have minimal cut-off marks for graduation or 12th, age limit, etc., Some training institutes may even ask to give an entrance time before accepting your admission. 

Course Fees and Duration:

It is to be noted that graduates and professionals also apply for courses. Meaning, if you are focused only on learning the skills, it’s best to choose a course with a long duration with a comprehensive curriculum. On the other hand, if you are a corporate employee, ensure to pick a crash course to have a work-life balance. The college must be chosen as per your financial budget to avoid feeling helpless in emergency situations. 

Placement Assistance:

A few institutes offer job assistance. This means they will make you a part of an internship program and provide links to companies that hire trained individuals. If you have a job already, go for any college that can provide a certificate confirming your upskilling program. 

Reviews and Certifications:

Don’t neglect the importance of certification. A document can speak for you. It can act as evidence to prove that you have acquired skills in your chosen domain. Also, always ensure to check out the customer reviews about the picked college to avoid being scammed. Learn about their facility, service quality, and customer satisfaction before making the fee payment. 

Conclusion:

Clarity about one’s career path is very important as it determines one’s lifestyle in the future. However, many individuals with an interest in finance struggle to find the Top Finance Courses after Graduation. Though the task of identifying one’s area of interest seems challenging, it is not as tough as it seems. It is very simple to join a finance sector with the availability of Top Finance Courses after Graduation; financial modeling course, GST Certification Course, BAT Course, and Tally Course.

There are many career opportunities for choosing any of them. You can become an income tax officer, an accounting manager, or a tally operator as the chosen course. The next challenge that follows choosing a course is finding the right college to pursue it. There are a few hacks to narrow down the list of institutes which include considering the mode of training, area of specialization, eligibility criteria, course fees and duration, placement assistance, reviews, and certifications. If you are keen on upskilling your career, follow the tips and make the best use of the list of Top Finance Courses after Graduation provided above. That being said, even corporate employees can utilize the content and thrive in their professional path.

FAQs

Q. What are the Top Finance Courses after Graduation?

There are many educational programs to pursue after graduation. However, the trending and booming courses in the current world are financial modeling courses, GST Certification Courses, BAT Courses, and Tally Courses. These offer to educate you on basic to advanced concepts as per the choice of curriculum. 

Q. What are the career prospects after completion of any one of the Top Finance Courses after Graduation?

You are provided with the choice to become any kind of role related to the course. For example, you can become a Payroll executive if you complete the tally course, Auditing Assistant if you obtained BAT certification, can enter the GST department if you avail of the GST certification course, or an Investment Banking Analyst on completion of the financial modeling course. In simple words, you are free to aim to be anything depending on your choice of program, hard work, and college. 

Q. How can I find the perfect institute to pursue any one of the Top Finance Courses after Graduation?

It is the simplest task in the world. All you need to do is decide on the mode of training you want, area of specialization, eligibility criteria set by the colleges, course fees and duration, placement assistance by the entity, certifications, and reviews published on the internet and shared by reliable sources.  

 

Anuja Maniyala is a intern at IIM SKILLS. She worked as a creative content writer for AADOX and Quoteslyfe in the past. She has identified her passion for writing after working as a banker in some well-known companies like Wipro and HSBC. Her current target is to become an author of a unique and creative self-help book. Her enthusiasm and curiosity to learn about the human mind and behavior makes her different from the rest of the world.

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