Our school and college life often revolves around our pocket money! Half the month is spent taking credit from everyone right from the canteen wale uncle to the ration store right below our apartment. The next half month is usually spent in arranging money because no sooner does the calendar cross the 15th mark, we find ourselves totally broke. These lessons actually teach us the importance of managing finances. Finance is a really important aspect of life that requires careful planning and evaluation. If you can’t manage your finances, you will spend your entire life taking credit and repaying it. And remember, life is much more than your college canteen. Doing a course in finance can teach you a lot about managing money, investing it at the right places, always having enough to meet your monthly needs as well as keeping some buffer for emergency needs. And in a country like ours, where a person is just known by his financial standard, entering into the finance stream would be a perfect option. There are various types of financial courses in India right from diploma programs to graduate and post-graduate degrees. At the bachelor level, one can opt for B.Com and specialize in finance. Other options at the bachelor level include Bachelor of Management Studies (BMS), Bachelor of Business Administration (BBA), Bachelor of Finance and Accounts (BFA), Bachelor of Financial Markets (BFM), Bsc Management etc. among others. The ultimate aim of any student is to pursue a degree that will give them avenues to get hold of a high paying job. That’s why as a word of advice, it is always beneficial to opt for a post-graduate degree/ PG diploma after you are done with your bachelors. It will open up avenues for working in the following industries: Media: The first career option that comes to the mind when one mentions finance is perhaps banking. But move banking, for media is here! Today, every media firm requires financial experts to analyze the cost of making the film or TV serial, cost of marketing and distribution, and tentative returns/collections. You can join any leading media firm and work with them. Teacher: If you think that being a teacher doesn’t pay much, you should try to find out the salaries of professors teaching at a few top notch universities. Just as you will learn finance from someone, there will be loads of people who would want to learn finance from an interesting professor. You can guide them and on the other hand, open your own tuition classes. It pays a lot! Venture Capitalist: Becoming a venture capitalist is quite a risky decision. If you have an insight regarding high scale investments, you can try your hand at becoming a VC.
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