Post Graduate Programme in Finance (PGP-Finance) - Indian Institute of Management (IIMK), Kozhikode
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2 Years
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Post Graduate
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Management
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2 Years
Post Graduate
Management
About the Course
The Post Graduate Program in Finance is a specialized course
designed to equip students with the knowledge and skills required for a
successful career in the field of finance. This program offers a comprehensive
understanding of various aspects of finance, including financial analysis,
investment management, risk assessment, corporate finance, and financial
modeling. Students learn to analyze financial statements, make informed
investment decisions, assess financial risks, and manage financial resources
effectively.
The curriculum combines theoretical knowledge with practical
applications through case studies, projects, and real-world simulations.
Additionally, students gain insights into emerging trends in finance and learn
about regulatory frameworks and ethical considerations. With a focus on
developing critical thinking, problem-solving, and decision-making abilities,
this program prepares students for roles in banking, investment firms,
financial institutions, corporate finance departments, and consulting firms.
Graduates of this program possess a strong foundation in finance and are
well-positioned to pursue rewarding careers in the dynamic and challenging
field of finance.
Overall, a postgraduate program in finance provides you with a
comprehensive education, specialized skills, and a competitive advantage in
pursuing a successful and fulfilling career in the finance sector.
Overview of the
Course
Here are the highlights of the course post-graduate program in finance:
| Course Name | Post Graduate Program in Finance |
| Duration | 1-2 years |
| Level | Postgraduate |
| Mode | Full-time |
| Eligibility Criteria | Bachelor's degree in any discipline |
| Admission Process | Entrance exam, followed by Group Discussion and Personal Interview |
| Average Annual Fees | INR 2,00,000 - 15,00,000 |
| Average Annual Salary | INR 6,00,000 - 25,00,000 |
| Employment Areas | Banking, Investment Firms, Financial Institutions, Corporate Finance Departments, Consulting Firms |
| Job Roles | Financial Analyst, Investment Manager, Risk Manager, Financial Consultant, Financial Controller, Treasury Manager, Credit Analyst |
| Top Recruiters | HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank, Reliance Industries, Deloitte, KPMG, PricewaterhouseCoopers (PwC), Ernst & Young (EY), JP Morgan Chase |
Why post graduate
program in finance?
There are several reasons why pursuing a Post Graduate Program in
Finance can be beneficial:
(1). Specialized Knowledge: The program offers in-depth knowledge and
understanding of various financial concepts, theories, and practices. It equips
students with the necessary skills and expertise to excel in the field of
finance.
(2). Career Opportunities: Finance is a highly sought-after field with a
wide range of career opportunities. By pursuing a postgraduate program in
finance, you enhance your prospects for lucrative and rewarding careers in
areas such as investment banking, corporate finance, financial analysis, risk
management, and consulting.
(3). Advanced Skills: The program helps develop critical skills required
in the finance industry, such as financial modeling, data analysis, financial
planning, and risk assessment. These skills are highly valued by employers and
can give you a competitive edge in the job market.
(4). Networking Opportunities: Postgraduate programs in finance often
provide opportunities to network with industry professionals, guest speakers,
and alumni. This networking can open doors to internships, job placements, and
mentorship, enhancing your career prospects.
(5). Career Advancement: If you already have some experience in the
finance field, a postgraduate program can help you advance your career. It
provides a deeper understanding of advanced financial concepts and strategies,
allowing you to take on more challenging roles with increased responsibilities
and higher remuneration.
(6). Professional Recognition: A postgraduate degree in finance carries
professional recognition and can enhance your credibility in the finance
industry. It demonstrates your commitment to continuous learning and
professional development, making you a preferred candidate for promotions and
leadership positions.
(7). Adaptability: Finance is a dynamic field that is constantly
evolving. A postgraduate program in finance equips you with the skills to adapt
to changing market trends, regulatory frameworks, and technological
advancements. This adaptability is crucial for long-term success in the finance
industry.
Eligibility Criteria
for Post Graduate Program in Finance
(1). Bachelor's Degree: Applicants should have a bachelor's degree in
any discipline from a recognized university.
(2). Minimum Marks Requirement: Typically, candidates are required to
have a minimum percentage or CGPA in their bachelor's degree, often ranging
from 50% to 60%. The specific requirement may vary depending on the
institution.
(3). Entrance Exam: Many universities and institutes conduct entrance
exams for admission into postgraduate programs in finance. Candidates are
required to qualify for the entrance exam to be considered for admission.
(4). Work Experience (if applicable): Some institutes may prefer
candidates with relevant work experience in the finance field. However, this
requirement may vary depending on the program and institution.
Admission Process
(1). Candidates need to submit their application forms along with the
required documents, which typically include academic transcripts, entrance exam
scores (if applicable), and other supporting documents.
(2). Candidates may need to appear for an entrance exam, which assesses
their aptitude and knowledge in areas related to finance.
(3). Shortlisted candidates may be called for a group discussion and/or
personal interview to assess their communication skills, problem-solving
abilities, and suitability for the program.
(4). The final selection is often based on a combination of factors,
including academic performance, entrance exam scores, group discussion,
personal interview, and sometimes work experience.
Types of Availability
Modes for Post-Graduate Program in Finance in India
(1). Full-Time Programs: Full-time programs require students to dedicate
their entire time to the program. These programs typically have a duration of
1-2 years and offer a comprehensive curriculum, along with opportunities for
internships and industry exposure.
(2). Part-Time/Weekend Programs: Part-time or weekend programs are
designed for working professionals who want to pursue a postgraduate degree
while continuing their professional commitments. These programs usually have a
longer duration, as classes are conducted on weekends or in the evenings.
(3). Online/Distance Learning Programs: Online or distance learning
programs allow students to pursue a postgraduate degree in finance through
virtual classrooms and online study materials. These programs offer flexibility
and convenience for those who cannot attend traditional on-campus classes.
(4). Executive Programs: Executive programs are specifically designed
for mid-career professionals who wish to enhance their financial knowledge and
skills. These programs are often part-time and offer specialized courses
tailored for professionals seeking career advancement in the finance industry.
Accepted entrance
exam
The entrance exams accepted for postgraduate programs in finance can
vary depending on the institutions in India. Some common entrance exams that
are widely accepted by institutions for admission into postgraduate programs in
finance include:
| Entrance Exam | Full Form |
| CAT | Common Admission Test |
| XAT | Xavier Aptitude Test |
| GMAT | Graduate Management Admission Test |
| MAT | Management Aptitude Test |
| CMAT | Common Management Admission Test |
| SNAP | Symbiosis National Aptitude Test |
| NMAT | NMIMS Management Aptitude Test |
| IIFT | Indian Institute of Foreign Trade Entrance Exam |
| TISSNET | Tata Institute of Social Sciences National Entrance Test |
| INMARSAT | Institute of Rural Management Anand Social Awareness Test |
| MAH CET | Maharashtra Common Entrance Test |
Skills required
Here are some key skills that are often sought after in the field of finance, presented in the table:
| Financial Analysis | Critical Thinking | Communication Skills |
| Financial Modeling | Problem-Solving | Leadership |
| Investment Management | Data Analysis | Teamwork |
| Risk Assessment | Quantitative Skills | Adaptability |
| Financial Planning | Decision Making | Time Management |
| Budgeting and Forecasting | Attention to Detail | Negotiation Skills |
| Knowledge of Financial Software | Research Skills | Ethical Conduct |
| Understanding of Regulatory Frameworks | Strategic Thinking | Networking Skill |
Selection Process for
post graduate program in Finance
The selection process for a postgraduate program in finance typically
involves multiple stages to identify suitable candidates. The selection process
for a postgraduate program in finance typically involves the following stages:
application submission, entrance exam, group discussion, personal interview,
and merit-based selection. Candidates submit their applications, take an
entrance exam, participate in a group discussion, and undergo a personal
interview. The final selection is based on academic performance, exam scores,
group discussion, interview performance, and sometimes work experience.
Comparison
Below is a comparison between two postgraduate courses in India: the
"Post Graduate Program in Finance" and the "Post Graduate
Program in Marketing."
| Name of the Course | Post Graduate Program in Finance | Post Graduate Program in Marketing |
| Overview of the Course | Specialized in finance concepts, financial analysis, investment management, risk assessment, and corporate finance. | Focuses on marketing principles, consumer behavior, market research, branding, advertising, and digital marketing strategies. |
| Duration | 1-2 years | 1-2 years |
| Level | Postgraduate | Postgraduate |
| Mode | Full-time | Full-time |
| Eligibility Criteria | Bachelor's degree in any discipline | Bachelor's degree in any discipline |
| Admission Process | Entrance exam, GD, and PI | Entrance exam, GD, and PI |
| Average Annual Fees | INR 2,00,000 - 5,00,000 | INR 2,00,000 - 4,50,000 |
| Average Annual Salary | INR 6,00,000 - 10,00,000 | INR 5,00,000 - 9,00,000 |
| Employment Areas | Banking, Investment Firms, Financial Institutions, Corporate Finance Departments, Consulting Firms | FMCG companies, Advertising Agencies, Market Research Firms, Digital Marketing Agencies, Retail Companies |
| Job Roles | Financial Analyst, Investment Manager, Risk Manager, Financial Consultant, Financial Controller, Treasury Manager, Credit Analyst | Marketing Manager, Brand Manager, Market Research Analyst, Digital Marketing Specialist, Advertising Manager, Sales Manager |
| Top Recruiters | HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank, Deloitte, KPMG, JP Morgan Chase | Hindustan Unilever Limited (HUL), Procter & Gamble (P&G), PepsiCo, Google, WPP, DDB Mudra Group |
Top Colleges and fees
structure for a post-graduate Program
Below is a table listing some of the top colleges in India offering Post
Graduate Programs in Finance along with their approximate fees structure:
| College Name | Location | Approx. Fees (INR) |
| Indian Institute of Management (IIM) Bangalore | Bangalore, Karnataka | 12,00,000 - 23,00,000 |
| Indian Institute of Management (IIM) Ahmedabad | Ahmedabad, Gujarat | 11,00,000 - 23,00,000 |
| Indian Institute of Management (IIM) Calcutta | Kolkata, West Bengal | 13,00,000 - 15,00,000 |
| Lucknow, Uttar Pradesh | 14,00,000 - 16,00,000 | |
| Indian School of Business (ISB) | Hyderabad, Telangana | 30,00,000 - 35,00,000 |
| Faculty of Management Studies (FMS) Delhi | New Delhi, Delhi | 10,000 - 20,000 (govt. college) |
| S.P. Jain Institute of Management and Research (SPJIMR) | Mumbai, Maharashtra | 17,50,000 - 19,50,000 |
| Management Development Institute (MDI) Gurgaon | Gurgaon, Haryana | 19,00,000 - 21,00,000 |
| Indian Institute of Management (IIM) Kozhikode | Kozhikode, Kerala | 16,00,000 - 18,00,000 |
Job and
placements
Job and placement opportunities for postgraduate programs in finance
are generally promising and diverse. Graduates with a finance specialization
can explore a wide range of career paths across various sectors. They are
sought after by banks, investment firms, financial institutions, corporate
finance departments, consulting firms, and more. Job roles such as financial
analysts, investment managers, risk managers, financial consultants, and
treasury managers are common in the finance industry. These roles involve tasks
like financial analysis, investment decision-making, risk assessment, financial
planning, and providing financial advice to clients. With the right skills and
experience, finance graduates can also pursue leadership positions such as
financial controllers or CFOs.
Placements for postgraduate
programs in finance are often facilitated by the educational institutions
themselves through their dedicated placement cells, which connect students with
potential employers. Many top companies and organizations, including banks,
consulting firms, and multinational corporations, actively recruit finance
graduates for entry-level and mid-level positions. The average annual salary
for finance professionals can vary depending on factors such as job role,
experience, industry, and location, but it typically ranges from INR 6,00,000
to 10,00,000 or more. Overall, postgraduate programs in finance provide
graduates with strong career prospects and opportunities for professional
growth in the dynamic and ever-evolving field of finance.
Job Profile
Here is a table providing a list of common job roles in the field of finance, along with a brief description and the average annual salary range in India:
| Job Role | Description | Average Annual Salary (INR) |
| Financial Analyst | Conducts financial analysis, prepares reports, analyzes market trends, evaluates investments, and provides financial guidance. | 6,00,000 - 10,00,000 |
| Investment Manager | Manages investment portfolios, researches investment opportunities, makes investment decisions, and monitors portfolio performance. | 8,00,000 - 15,00,000 |
| Risk Manager | Identifies and assesses potential risks, develops risk management strategies, implements risk mitigation measures, and monitors risks. | 7,00,000 - 12,00,000 |
| Financial Consultant | Provides expert financial advice to clients, assists in financial planning, analyzes financial situations, and recommends appropriate strategies. | 7,00,000 - 12,00,000 |
| Financial Controller | Oversees financial operations, ensures compliance with regulations, prepares financial statements, manages budgets, and monitors financial performance. | 9,00,000 - 15,00,000 |
| Treasury Manager | Manages cash flow, liquidity, and investments for an organization, develops treasury policies, executes financial transactions, and monitors financial risks. | 8,00,000 - 14,00,000 |
| Credit Analyst | Assesses creditworthiness of individuals or companies analyzes credit data, prepares credit reports, and makes credit recommendations. | 6,00,000 - 10,00,000 |
| Financial Planner | Helps clients develop financial goals, creates personalized financial plans, provides investment advice, and assists in wealth management. | 6,00,000 - 10,00,000 |
| Budget Analyst | Develops and manages budgets for organizations, prepares financial forecasts, monitors budget performance, and provides recommendations for cost efficiency. | 5,00,000 - 8,00,000 |
| Audit Manager | Plans and executes financial audits, reviews financial statements, ensures compliance with accounting standards, and provides recommendations for process improvements. | 8,00,000 - 14,00,000 |
Employment areas and
top recruiters
Here's a table providing employment areas and some of the top recruiters
in the field of finance in India:
| Employment Areas | Top Recruiters |
| Banking | HDFC Bank, ICICI Bank, Axis Bank, State Bank of India (SBI) |
| Investment Firms | Goldman Sachs, Morgan Stanley, BlackRock, JP Morgan |
| Financial Institutions | Bajaj Finance, IDFC First Bank, LIC Housing Finance |
| Corporate Finance Departments | Tata Group, Reliance Industries, Aditya Birla Group |
| Consulting Firms | Deloitte, KPMG, PricewaterhouseCoopers (PwC), EY |
| Insurance Companies | LIC, ICICI Prudential, HDFC Life, Bajaj Allianz |
| Asset Management Companies | SBI Mutual Fund, HDFC Asset Management, Aditya Birla Sun Life Mutual Fund |
| Rating Agencies | CRISIL, ICRA, CARE Ratings |
| Stock Exchanges | National Stock Exchange (NSE), Bombay Stock Exchange (BSE) |
| Financial Technology (Fintech) Companies | Paytm, PhonePe, Zerodha, Policybazaar |
Career/scope
Here are some key points highlighting the career scope and opportunities
in the field of finance:
(1). Global Opportunities: Finance professionals have opportunities to
work in international markets and multinational companies, leveraging their
skills and expertise in a global context.
(2). Job Stability: Finance professionals often enjoy greater job
stability due to the essential nature of financial functions within
organizations and the consistent need for financial expertise.
(3). Lucrative Salaries: The finance industry offers competitive
salaries and attractive compensation packages, especially for professionals
with specialized skills and experience.
(4). Continuous Learning and Growth: Finance professionals have the
opportunity to continuously upgrade their skills and knowledge through
professional certifications, advanced degrees, and ongoing professional
development programs.
(5). Entrepreneurial Opportunities: Finance professionals with strong
financial acumen and industry expertise can explore entrepreneurial ventures,
such as starting their own financial consulting firms or investment management
companies.
(6). Cross-Functional Collaboration: Finance professionals often
collaborate with professionals from various fields, including marketing,
operations, and strategy, providing opportunities for interdisciplinary work
and holistic business understanding.
(7). Influence and Impact: Finance professionals play a crucial role in
shaping financial strategies, making investment decisions, and managing risks,
thereby contributing to the growth and success of organizations.
(8). Advancement and Leadership Roles: With experience and demonstrated
competence, finance professionals can progress to leadership positions, such as
finance directors, CFOs (Chief Financial Officers), or even executive roles
within organizations.
Career opportunities after the course
After completing a postgraduate program in finance, graduates have access to a wide range of career opportunities across various industries. Here are some common career paths and opportunities:
(1). Financial Analyst
(2). Investment Manager
(3). Risk Manager
(4). Financial Consultant
(5). Corporate Finance Manager
(6). Treasury Manager
(7). Credit Analyst
(8). Financial Planner
(9). Mergers and Acquisitions (M&A)
Analyst
(10). Financial Controller
(11). Investment Banking Analyst
(12). Portfolio Manager
These are just a few examples, and graduates can explore various finance
roles based on their interests and specialization.
Scope for higher
studies after the course
After completing a postgraduate program in finance, several
opportunities for higher studies can further enhance career prospects and
knowledge in the field. Here are some potential options for higher studies:
(1). Doctor of Philosophy (Ph.D.) in Finance
(2). Chartered Financial Analyst (CFA)
(3). Certified Financial Planner (CFP)
(4). Professional Certifications
(5). Executive Education Programs
Higher studies in finance can deepen expertise, expand career
opportunities, and facilitate career transitions into more specialized or
advanced roles. The choice of further education depends on individual career
goals, interests, and aspirations.
Skills that make you a
good employee after the course
Here are some essential skills that can make you a valuable employee
after completing a postgraduate program in finance:
(1). Financial Analysis
(2). Problem-solving
(3). Critical Thinking
(4). Data Analysis
(5). Quantitative Skills
(6). Risk Management
(7). Financial Planning
(8). Communication Skills
(9). Attention to Detail
(10). Teamwork
(11). Adaptability
(12). Time Management
(13) Leadership Skills
(14). Ethical Conduct
(15). Decision-making
These skills, along with the knowledge gained from the program, can help
you excel in various roles within the finance industry and contribute to the
success of your organization.
FAQS
Q1: What is the importance of studying finance?
A1: Studying finance is important as it equips individuals with the
knowledge and skills to understand and manage financial aspects in personal and
professional settings. It helps in making informed investment decisions,
assessing financial risks, planning for the future, and understanding the
financial dynamics of businesses.
Q2: What career opportunities are available after studying finance?
A2: Studying finance opens up a wide range of career opportunities such
as financial analyst, investment banker, risk manager, financial consultant,
corporate finance manager, and more. Finance professionals are in demand across
industries, including banking, investment firms, consulting, and corporate
finance departments.
Q3: What are the eligibility criteria for a postgraduate program in
finance?
A3: Eligibility criteria may vary depending on the specific program and
institution. Generally, a bachelor's degree in a relevant field like finance,
accounting, economics, or business administration is required. Some programs
may also have specific GPA requirements or may require applicants to have
relevant work experience.
Q4: How long does a postgraduate program in finance typically take?
A4: The duration of a postgraduate program in finance can vary but is
typically around 1-2 years. It depends on factors such as the program type
(MBA, MSc, etc.) and whether it is pursued full-time or part-time.
Q5: What is the average annual salary for finance professionals?
A5: The average annual salary for finance professionals varies depending
on factors such as job role, experience, industry, and location. However,
finance professionals can generally expect competitive salaries, with
entry-level positions starting around INR 6,00,000 to 10,00,000 per year and
higher-level roles commanding significantly higher salaries.
Q6: What are the key skills required for a successful career in finance?
A6: Some key skills for a successful career in finance include financial
analysis, critical thinking, problem-solving, data analysis, quantitative
skills, communication skills, attention to detail, and teamwork. Strong
financial acumen, adaptability, and ethical conduct are also crucial.
Q7: Can I pursue higher studies in finance after completing a
postgraduate program?
A7: Yes, after completing a postgraduate program in finance, you can
pursue higher studies such as a Ph.D. in Finance, an MBA with a finance
specialization, or obtain professional certifications like the CFA or CFP to
further enhance your knowledge and career prospects.
Q8: What are the employment areas for finance professionals?
A8: Finance professionals can find employment in various sectors,
including banking, investment firms, financial institutions, corporate finance
departments, consulting firms, insurance companies, and government
organizations. They are also in demand in the field of financial technology
(fintech).
Q9: How can I improve my chances of getting a job in finance?
A9: To improve your chances of getting a job in finance, it is important
to gain relevant experience through internships, build a strong network of
contacts in the industry, continuously update your knowledge and skills, and
consider pursuing professional certifications. Developing a strong resume and
showcasing your passion for finance through relevant projects or research can
also be beneficial.
Q10: What are the future trends in the finance industry?
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