A financial manager is a person who manages the financial activities of a company. They help in the coordination of finance in an institution. A financial manager will work in places where there is a more involvement of money .They help in attaining the financial goals of the company. A finance manager is responsible for giving the right guidance to the clients on finance. A finance manger will give you the right budgetary planning to the clients. A finance manager can also be called as a financial analyst or a business analyst.
A finance manager’s role is to budget. To budget a company’s project means it needs a lot of professional skills. They act as a business advisor, they will know in what all to invest and what to not to. They monitor finance reports every day and will know the trends by looking at the graph. A finance manager will also know the trends of the global economy .It will help them in planning their own financial budgets.
To join a college that’s offers management course, you must pass the management course entry exam CAT (Common Aptitude Test) , XAT or MAT to get admission in a good college .
Step 1 To be a finance manager one must finish his or her 12th std from a recognized university.
Step 2 You must also do a graduation in any subject to do an MBA.
Step 3 After you finish your graduation you can join for MBA in Finance Management from a good university. The colleges that provide MBA in Finance Management are:-
1) International Management Institute , New Delhi
2) Indian Institute of Management Technology , Ghaziabad
3) Symbiosis Centre for Management and Human Resource Development , Pune
4) Indian Institute of Foreign Trade , Delhi
5) Institute for Financial Management and Research , Chennai
A finance manager will be employed as cash managers, credit managers, risk managers, insurance managers and chief financial managers.
The starting salary of a finance manager is Rs 20,000-Rs 25,000.With years of experience the salary package will be higher.
