Opportunities in Industry for Chartered Accoun

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    Opportunities in Industry for CharteredAccountants

    By:Biharilal DeoraACA, CFA, CFPCM,DISA(ICAI), MComEmail: [email protected]://www.linkedin.com/in/deora

    Presented at GMCS-ICAI course at Bangalore ICAI Branch

    mailto:[email protected]://www.linkedin.com/in/deorahttp://www.linkedin.com/in/deoramailto:[email protected]
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    What to expect from this presentation

    Careers related to your degree Other Emerging Areas Further Study Plan of Action

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    What to expect from this presentation

    Careers related to your degree Other Emerging Areas Further Study Plan of Action

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    Careers related to Finance

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    Accountants are involved in accounting procedures and financialplanning, in integrating the knowledge of accounts and finance, as wellas in computer software development with other professionals forinformation processing

    Career path in Finance & Accounting

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    Opportunities in Finance & Accounting

    What kind of companies have this patho Accounts and Finance Dept of all companies mainly

    manufacturing and finance/service companieso E.g. Reliance. L&T, Karvy or Mahindra group

    Nature of work: Accounts, Budgeting, mgmt audits, businessplanning etc

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    Retail Bankers are involved in customer interaction, frontline sales, channel sales, development of asset / liabilities /card products, marketing of products or handling non-delivery channels for Banking products (like ATMs, Internetetc)

    Career path in Retail Banking

    Example

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    Opportunities in Retail Banking

    What kind of companies have this patho All Private and National banks and other Non-Banking

    finance companieso E.g. SBI, ICICI, Sriram Finance, IDFC etc

    Nature of work: Credit appraisals, product mgmt and processdevelopment

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    A career in Insurance involves large asset managementoperations and selling mutual funds and other investmentproducts.

    Career path in Insurance

    Example

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    Opportunities in Insurance

    What kind of companies have this patho All General and life insurance companies and Reinsurance

    companieso E.g. LIC, Standard life, ICICI Lombard etc

    Nature of work: Business analyst role, Underwriting, Riskanalysis, Business Development, etc

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    Financial Planningan Emerging Field

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    Financial Planner offers extensive wealth-creation advice andassistance across all financial markets or specialize in areas.

    Career path in Financial Planning

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    Opportunities in Financial Planning

    What kind of companies have this patho Wealth Mgmt companies or depts of large bankso E.g. PMS services, IMMPL, Client associates

    Nature of work: Investment advisor, Market Research,Secondary Research, Hedging Strategist, etc.

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    What to expect from this presentation

    Careers related to your degree Other Emerging Areas Further Study Plan of Action

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    Other Emerging Areas

    Financial OutsourcingKnowledge Process Outsourcing Financial Consulting - Business Process Management, Due

    diligence analysis, other areas Stock ExchangeAnalyst: Technical or Fundamental Project Appraisal and Financing

    (contd.)

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    Other Emerging Areas (contd.)

    Investment bankingM&A Deals, Valuation , Debt syndications, PrivateEquity, Capital raising

    Holistic Financial Planning Forensic AccountingFraud investigation, etc. IPR laws Advisory Entrepreneurship right time to start

    Sky is the limit.

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    What skills map with different Jobs ?

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    What to expect from this presentation

    Careers related to your degree Other Emerging Areas Further Study Plan of Action

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    Further Studies

    MBA / Ex MBA / PGDBMo General Mgmt or Financeo Marketing and Operations

    CFA - Chartered Financial Analyst CFP - Certified Financial Planner FRM/PRM Financial Risk Management CIPM Certificate in Investment Performance Measurement Other courses like CPA, CIMA, CFE, CISA, CAIA, IFRS etc

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    What to expect from this presentation

    Careers related to your degree Other Emerging Areas Further Study Plan of Action

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    Plan of Action

    Professional and social Networkingo Best opportunities come through referralso Linkedin - Career groups like CA CFA CFP MBA network at

    Linkedin.com or Ca-mbajobs at yahoo / google groupso Maintain relationships with your colleagues past and present

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    Plan of Action

    Keep yourself updated witho Latest laws and regulation

    http://www.helplinelaw.com/http://www.PDICAI.org

    o Latest happenings across the globe Current slowdown, impact on India

    http://www.helplinelaw.com/http://www.pdicai.org/http://www.pdicai.org/http://www.pdicai.org/http://www.helplinelaw.com/http://www.helplinelaw.com/
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    Plan of Action

    Be proactive Foresee the Futureo Basel III Norms Implications and opportunitieso IFRS convergence to worldwide GAAP including India in 2011

    DIP-IFRS or ICAI IFRSo WTO and other trade related changeso New Tax Code and implicationso Emerging possibilities : Babyboomers

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    Annexure : Sources used

    www.google.comwww.mecpk.comwww.icai.orgwww.pdicai.orgwww.helplinelaw.comwww.cfainstitute.org www.fpsb.co.inwww.garp.comwww.linkedin.comOther job portals

    http://www.google.com/http://www.mecpk.com/http://www.icai.org/http://www.pdicai.org/http://www.helplinelaw.com/http://www.cfainstitute.org/http://www.fpsb.co.in/http://www.garp.com/http://www.linkedin.com/http://www.linkedin.com/http://www.garp.com/http://www.fpsb.co.in/http://www.cfainstitute.org/http://www.helplinelaw.com/http://www.pdicai.org/http://www.icai.org/http://www.mecpk.com/http://www.google.com/
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    Motivational video

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    WISHING YOU ALL THE BEST FOR YOUR FUTURE

    Stay Hungry, Stay Foolish