Finance courses are a must in today’s world. It is being considered as an alternate source of income in today’s world. You have to have some knowledge in the financial field to boost your business or even your savings. Here are some finance courses in India that you can do that will not only get you a certificate but also good hands on experience on how the Financial system works in India and the world.
List of Finance Courses in India & Our Recommendation
|Name of Course||Rating||Cost||Recommendation|
|Post Graduate Diploma In Global Financial Markets||4.8/5||6.92 Lacs||Low|
|CERTIFIED FINANCIAL PLANNER (CFP)||4.9/5||2 Lacs||Low|
|Association of Chartered Certified Accountants (ACCA)||4.9/5||5 Lacs||Average|
|Chartered Financial Analyst (CFA)||4.9/5||3 Lacs||High|
|Financial Modeling & Valuation||4.9/5||15k||High|
|Certificate in Investment Banking Operations||4.9/5||15k||High|
Post Graduate Diploma In Global Financial Markets: BSE Institute
About This Finance Course in India
Post Graduate Diploma in Global Financial Markets is a 2 years postgraduate course offered by BSE Institute Ltd in collaboration with the University of Mumbai and Garware Institute of Career Education and Development. The financial markets arena is a constantly evolving field in which updated and specialized knowledge is required. This course is designed to give students in-depth knowledge of Global Financial Markets as well as hands-on experience in the Financial Markets industry which will not only open up numerous job opportunities but also aid them to prepare for a wide range of careers in financial markets around the world.
Course Insights :
This financial markets course begins with the very basics which form the core of finance, such as Financial Accounting, Business Statistics, Derivatives, Strategic Financial Management and Financial Statements and Fundamental Analysis. It eventually goes into highly advanced, specialized fields of study like Forex & Debt Markets, Financial Modelling, Investment Banking, Treasury & Risk Management and Securities Law.
- Student should have scored atleast 60% in their graduation.
- Graduates of any background from a recognized University can apply
- Working professionals can also apply
So, the course is excessively priced at INR 6.92 Lacs, while the content itself looks very basic and no real promise of strong placements. At 6.92 Lacs, one can actually complete legitimate qualifications three times, if a person fails each level. Hence, at the moment I would not really recommend this course.
CERTIFIED FINANCIAL PLANNER (CFP):Finance courses in India
About the Course
A unique 4 Level Program with Specialist Certification at each level, making it 4-in-1 Program. The CFP course is given by FPSB board of India, which is owned and controlled by FPSB Global from U.S. During the years of 2008 to 2013, CFP used to be a sought after desiganation to own, however the qualfication has failed to get real results in terms of jobs and actual financial planning work.
Now, CFP Syllabus is designed to give a person a flavour of CFA level III portfolio management directly. However, that being said it also means why not pursue CFA directly instead of CFP.
So the CFP Program has different modules given below
Each specialist level exams is of 2hours and 75 minutes each . The exam is conducted by NSE & Mettle website.
Any candidate who has passed class twelth can sit for the FPSB Exams.
So, my overall recommendation remains neutral. Also, the reason is that since the knowledge gained doing CFP defintely helps in understanding financial planning, however it limits its use for other kinds of jobs in finance like investment banking.
Association of Chartered Certified Accountants (ACCA) :Finance courses in India
The Association of Chartered Certified Accountants (ACCA) is a UK-based accounting body offering the ACCA qualification globally recognised in over 180 countries. Make sure you check out our list of best ACCA institutes in India !
About the course
ACCA is an on-demand course. Big firms like KPMG, Deloitte, PwC, EY, Grant Thorton and many companies actively hire ACCA candidates. So, this course has primarily gained traction in India, posing as an easy alternative to ICAI’s CA program. However, that has been primarliy just marketing and some misselling happening from various education providers. In reality, ACCA is very similar to a good b.com graduation, which is proven by the kind of jobs it is able to garner for its candidates.
To be eligible for this course, candidates should have cleared their 10+2 examinations with a 65% aggregate in mathematics or accounts and English and a minimum of 50% in all other subjects.
You can check out our detailed article of exemptions for ACCA for CA article.
My recommendatio is again do it, only if you don’t have any other options left. Since, as an ACCA you really don’t get any statutory powers like auditing, or even starting to practice. So, the opportunities are very limited to only Accounting outsourcing jobs in India, which don’t really pay that great.
Chartered Financial Analyst (CFA):Finance courses in India
About the Course
Chartered Financial Analyst (CFA) is one of the most sought-after finance courses in India after graduation. The CFA course primarily deals with investment tools, asset valuation, portfolio management and many more. It is a go-to course for students who incline toward investment management.
Students with two years remaining in their undergraduate studies are now eligible to register for Level I exam. You can check out our detailed article on CFA for more information.
So, the recommendation for CFA would obviosly be high because, since the time it has been launched in India it has maintained its niche. Most of the the finance jobs in India, would reserve a special space for its premium quality and that makes it one of the best options for finance careers in the long term
Financial Modeling & Valuation:Finance courses in India
So, financial modeling and valuation course is a skill which is recognised and required in the finance industry. No one can think of joining the core finance jobs without having a solid grab of this skill. What makes it even better, is that its not that costly to pursue and can be done in 3 months time.
About the Course:
Financial Modeling is a 3 months certification course, with the following modules
- Advance excel
- Financial statement Analysis
- Equity valuation
- Project finance
The course is entirely practical and can help in clearing the various interviews you give for core finance jobs.
As I said at the beginning that financial modeling course, is very easy on your pocket and one of those skills that you will always remember and apply all your life.
Overall highly recommended to be pursue right from your graduation days, and if you are already holding a graduate or post graduate degree, then sooner the better.
Certificate in Investment Banking Operations:Finance courses in India
So, this is the course which again completely focussed on finance placements in MNC investment banks. Now, MNC’s investments banks operating out of India, have large back office and middle office operations. This course prepares you for such interviews.
About this finance course in India
The CIBO course is spread accross 3 months duration and covers very specific modules like below
- Introdution to trade operations
- Financial markets
- Trade life cycle
- Settlement and risk mangement
The course is again very easy on your pocket and the best part is it gives you a quick return on investment by providing you placment assistance.
My overall recommendation would be for those, who are seriosly looking to start working in Investment banking MNC’s. This course is not a qualfication and less academic but more placement oriented.
Conclusion On the Best Finance courses in India
So, overall my top picks would be CFA if you are planning to build a long term core finance career in investment banking, project finance and equity research. Along side pursue financial modeling to get all of that knowledge converted to practice. Finally CIBO for those who don’t want to go that technical but want to quickly start working in MNC’s in IB operations process.