logging in or signing up Careers in Accounting hiloc1000 Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINT lite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: (To copy code, click on the text box) Embed: URL: Thumbnail: WordPress Embed Customize Embed The presentation is successfully added In Your Favorites. Views: 934 Category: Entertainment License: All Rights Reserved Like it (3) Dislike it (0) Added: February 07, 2010 This Presentation is Public Favorites: 2 Presentation Description No description available. Comments Posting comment... By: kandd (7 month(s) ago) gud Saving..... Post Reply Close Saving..... Edit Comment Close By: rohitjohn (12 month(s) ago) can you kindly send this ppt to my email id, it will surely go a long way in promoting the cause of young students patrick_ay@rediffmail.com Dr. A. Patrick Saving..... Post Reply Close Saving..... Edit Comment Close By: articles (16 month(s) ago) good Saving..... Post Reply Close Saving..... Edit Comment Close Premium member Presentation Transcript Slide 1: Brought to you by Careers in Accounting and Finance Slide 2: Why study Accounting and Finance? The Sensex crosses 11,000 indicating thumbs up for the booming finance sector. Finance has become a lucrative career option from being associated with LIC agents and Banking professionals to Portfolio managers and Corporate Finance advisors. Today’s number cruncher geniuses in investments and equities have a basketful of refreshing variety to choose from, to stay ‘fiscally fit’. With global private equity funds like Fidelity and Temasek Holdings and Insurance majors like AIG betting big on the country, the finance sector is just becoming a rich hunting ground for job seekers. Slide 3: Why study Accounting and Finance? The banking sector witnessed strong growth in deposits and advances during the year 2004-05. As of March 2005, the number of commercial banks stood at 289.The aggregate deposits of scheduled commercial banks increased from US$ 331 billion in March 2004 to US$ 374 billion in March 2005 The market share of LIC, has clocked 21.87% growth in business at Rs.197.86 billion by selling 2.4 billion new policies in 2004-05. It is expected that in the years to follow new job creations in this sector alone will touch a figure greater than one lakh. According to Sonal Agrawal, Country Director, Accord Group, a “At the lowest level, base compensation has gone up by 15-20 percent. At the higher level, it is largely the variable compensation that comes into the picture.” Slide 4: Why study Accounting and Finance? 26 percent of the class of 2006 at the Indian Institute of Management, Bangalore (IIM-B) accepted job offers in Finance with Consulting and investment banking being their hot favorites. 70 percent of this batch, in spite of having an engineering degree chose a completely different career in Finance after the two-year PGP course at IIM-B. In 2004, 15 per cent of CAs joined BPO sectors. In 2005, out of 6,179 students, 35 per cent joined BPO sectors. It is estimated that in the next five years, this number will increase to 50 per cent from the 35 per cent Slide 5: What is Accounting and Finance? A career in Accounting and Finance provides opportunities in various areas like- Slide 6: Is Accounting and Finance for you? The following table provides information on skills & qualities required for a successful career in Accounting and Finance sector. Slide 7: What is the study flow for Accounting and Finance? Slide 8: The study route in Accounting and Finance Slide 9: The study route in Accounting and Finance Slide 10: The study route in Accounting and Finance Slide 11: The study route in Accounting and Finance Slide 12: The study route for Insurance Slide 13: Colleges in India Some Colleges offering B.Com with specialization in Banking & Insurance and Accounting & Finance (UG)-Mumbai For further details refer the report on Careers in Accounting and Finance. Slide 14: Colleges in India Commercial Banking, Retail Banking & Financial Planning Insurance For further details refer the report on Careers in Accounting and Finance. Slide 15: Colleges in India Accounting & Corporate Finance Investment Banking For further details refer the report on Careers in Accounting and Finance. Slide 16: Accounting--US & UK -Brigham Young University: Marriott School of Business -The College of William and Mary: Mason School of Business -University of Arizona: Eller College of Management -University of Florida: Warrington College of Business -University of Michigan: Stephen Ross School of Business -Certified Public Accountant (CPA)- American Institute of Certified Public n Accountants Education Abroad For further details refer the report on Careers in Accounting and Finance. Slide 17: Education Abroad Investment Banking, Commercial Banking, Retail Banking & Financial Planning --US & UK -Vanderbilt University: Owen Graduate School of Management -University of Arizona: Eller College of Management -Georgia Institute of Technology: College of Management -UC Berkeley: Haas School of Business -University of Arizona: Eller College of Management -CFA Institute -American Institute of Certified Public Accountants For further details refer the report on Careers in Accounting and Finance. Slide 18: Education Abroad Insurance Tilburg University Imperial College London: Tanaka Business School Georgia State University – Netherlands For further details refer the report on Careers in Accounting and Finance. Slide 19: Who are the potential employers in India? Accounting and Finance ICICI HDFC CitiBank Lehman Brothers Reliance HSBC Standard Chartered Investment Banking ABN Amro Deutsche Bank JP Morgan Warburg Dillon Read DSP Merrill Lynch HSBC Chase Manhattan Bank AMBIT Pricewaterhouse Coopers Slide 20: Who are the potential employers in India? Insurance LIC GIC Tata-AIG ICICI Citibank HSBC Retail Banking Standard Chartered Citibank ABN AMRO ICICI Bank HDFC Bank UTI Bank Commercial Banking Citibank ICICI Bank Of Baroda State Bank Bank of India Slide 21: Tracing the Career path Career path in Accounting Accountants are involved in accounting procedures and financial planning, in integrating the knowledge of accounts and finance, as well as in computer software development with other professionals for information processing Slide 22: Tracing the Career path Career path in Retail Banking Retail Bankers are involved in customer interaction, front line sales, channel sales, development of asset / liabilities / card products, marketing of products or handling non-delivery channels for Banking products (like ATMs, Internet etc) Slide 23: Tracing the Career path Career path in Insurance A career in Insurance involves large asset management operations and selling mutual funds and other investment products. Slide 24: Tracing the Career path Career path in Financial Planning Financial Planner offers extensive wealth-creation advice and assistance across all financial markets or specialise in areas. Slide 25: The average salaries for Finance professionals Slide 26: Emerging areas in the Accounting and Finance sector are- Financial Outsourcing –Knowledge Process Outsourcing Business Process Management Knowledge Process Management Stock Exchange Warehouse Management Investment banking Commercial banking Retail banking Financial Planning Slide 27: CA or MBA? An analysis of the recent batch profiles in the top B-schools in the country shows that after engineers, commerce graduates form the second largest chunk of students in MBA programmes. Possible Career Progression after Qualification Slide 28: SWOT Analysis for an MBA and a CA Slide 29: Ms. Kalpana Morparia Deputy Managing Director, ICICI Education- Graduated in Science, Mumbai Post-Graduate in law from University of Mumbai Awards & Achievements Women Achievers Award in the Field of Finance and Banking 1999'. the Indian Merchants' Chamber (Ladies Wing) Economic Times Award for Corporate Excellence 2005 as the Businesswomen of the Year Slide 30: Arun Kumar Purwar Chairman, State Bank of India Award:2005: CEO of the year award, for Brand Excellence (India Brand Summit – 2005) Under his chairmanship The State Bank of India (SBI) Group, became a member of the $1 billion club., SBI’s net profit increased by 19 percent to Rs 3,681 crore during 2003-04. Education:Masters degree in Commerce from Allahabad University Slide 31: Aditya Puri Education: Chartered Accountancy from the Institute of Chartered Accountants, India. Puri is an associate member of the Institute of Chartered Accountants of India. Articles with Thakur Vaidyanath Iyer, Delhi. Bachelor's degree in commerce from Chandigarh, Punjab University. Schooling in Poona. MD, HDFC Bank Slide 32: Summary As the speculation of industry professionals go, it’s definitely going to be an upswing for the finance sector. At present, the finance sector is getting transformed into a technology-intensive and customer-friendly model with a focus on convenience. The role of an integrated financial infrastructure is to stimulate and sustain economic growth. Finance will have a significant contribution in propelling India forward as a global economic power. Slide 33: For further details on Accounting and Finance, refer to Report on ‘Careers in Accounting and Finance’ HAPPY READING! Do not forget to mail your feedback to ccr@imsindia.com You do not have the permission to view this presentation. In order to view it, please contact the author of the presentation.
Careers in Accounting hiloc1000 Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINT lite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: (To copy code, click on the text box) Embed: URL: Thumbnail: WordPress Embed Customize Embed The presentation is successfully added In Your Favorites. Views: 934 Category: Entertainment License: All Rights Reserved Like it (3) Dislike it (0) Added: February 07, 2010 This Presentation is Public Favorites: 2 Presentation Description No description available. Comments Posting comment... By: kandd (7 month(s) ago) gud Saving..... Post Reply Close Saving..... Edit Comment Close By: rohitjohn (12 month(s) ago) can you kindly send this ppt to my email id, it will surely go a long way in promoting the cause of young students patrick_ay@rediffmail.com Dr. A. Patrick Saving..... Post Reply Close Saving..... Edit Comment Close By: articles (16 month(s) ago) good Saving..... Post Reply Close Saving..... Edit Comment Close Premium member Presentation Transcript Slide 1: Brought to you by Careers in Accounting and Finance Slide 2: Why study Accounting and Finance? The Sensex crosses 11,000 indicating thumbs up for the booming finance sector. Finance has become a lucrative career option from being associated with LIC agents and Banking professionals to Portfolio managers and Corporate Finance advisors. Today’s number cruncher geniuses in investments and equities have a basketful of refreshing variety to choose from, to stay ‘fiscally fit’. With global private equity funds like Fidelity and Temasek Holdings and Insurance majors like AIG betting big on the country, the finance sector is just becoming a rich hunting ground for job seekers. Slide 3: Why study Accounting and Finance? The banking sector witnessed strong growth in deposits and advances during the year 2004-05. As of March 2005, the number of commercial banks stood at 289.The aggregate deposits of scheduled commercial banks increased from US$ 331 billion in March 2004 to US$ 374 billion in March 2005 The market share of LIC, has clocked 21.87% growth in business at Rs.197.86 billion by selling 2.4 billion new policies in 2004-05. It is expected that in the years to follow new job creations in this sector alone will touch a figure greater than one lakh. According to Sonal Agrawal, Country Director, Accord Group, a “At the lowest level, base compensation has gone up by 15-20 percent. At the higher level, it is largely the variable compensation that comes into the picture.” Slide 4: Why study Accounting and Finance? 26 percent of the class of 2006 at the Indian Institute of Management, Bangalore (IIM-B) accepted job offers in Finance with Consulting and investment banking being their hot favorites. 70 percent of this batch, in spite of having an engineering degree chose a completely different career in Finance after the two-year PGP course at IIM-B. In 2004, 15 per cent of CAs joined BPO sectors. In 2005, out of 6,179 students, 35 per cent joined BPO sectors. It is estimated that in the next five years, this number will increase to 50 per cent from the 35 per cent Slide 5: What is Accounting and Finance? A career in Accounting and Finance provides opportunities in various areas like- Slide 6: Is Accounting and Finance for you? The following table provides information on skills & qualities required for a successful career in Accounting and Finance sector. Slide 7: What is the study flow for Accounting and Finance? Slide 8: The study route in Accounting and Finance Slide 9: The study route in Accounting and Finance Slide 10: The study route in Accounting and Finance Slide 11: The study route in Accounting and Finance Slide 12: The study route for Insurance Slide 13: Colleges in India Some Colleges offering B.Com with specialization in Banking & Insurance and Accounting & Finance (UG)-Mumbai For further details refer the report on Careers in Accounting and Finance. Slide 14: Colleges in India Commercial Banking, Retail Banking & Financial Planning Insurance For further details refer the report on Careers in Accounting and Finance. Slide 15: Colleges in India Accounting & Corporate Finance Investment Banking For further details refer the report on Careers in Accounting and Finance. Slide 16: Accounting--US & UK -Brigham Young University: Marriott School of Business -The College of William and Mary: Mason School of Business -University of Arizona: Eller College of Management -University of Florida: Warrington College of Business -University of Michigan: Stephen Ross School of Business -Certified Public Accountant (CPA)- American Institute of Certified Public n Accountants Education Abroad For further details refer the report on Careers in Accounting and Finance. Slide 17: Education Abroad Investment Banking, Commercial Banking, Retail Banking & Financial Planning --US & UK -Vanderbilt University: Owen Graduate School of Management -University of Arizona: Eller College of Management -Georgia Institute of Technology: College of Management -UC Berkeley: Haas School of Business -University of Arizona: Eller College of Management -CFA Institute -American Institute of Certified Public Accountants For further details refer the report on Careers in Accounting and Finance. Slide 18: Education Abroad Insurance Tilburg University Imperial College London: Tanaka Business School Georgia State University – Netherlands For further details refer the report on Careers in Accounting and Finance. Slide 19: Who are the potential employers in India? Accounting and Finance ICICI HDFC CitiBank Lehman Brothers Reliance HSBC Standard Chartered Investment Banking ABN Amro Deutsche Bank JP Morgan Warburg Dillon Read DSP Merrill Lynch HSBC Chase Manhattan Bank AMBIT Pricewaterhouse Coopers Slide 20: Who are the potential employers in India? Insurance LIC GIC Tata-AIG ICICI Citibank HSBC Retail Banking Standard Chartered Citibank ABN AMRO ICICI Bank HDFC Bank UTI Bank Commercial Banking Citibank ICICI Bank Of Baroda State Bank Bank of India Slide 21: Tracing the Career path Career path in Accounting Accountants are involved in accounting procedures and financial planning, in integrating the knowledge of accounts and finance, as well as in computer software development with other professionals for information processing Slide 22: Tracing the Career path Career path in Retail Banking Retail Bankers are involved in customer interaction, front line sales, channel sales, development of asset / liabilities / card products, marketing of products or handling non-delivery channels for Banking products (like ATMs, Internet etc) Slide 23: Tracing the Career path Career path in Insurance A career in Insurance involves large asset management operations and selling mutual funds and other investment products. Slide 24: Tracing the Career path Career path in Financial Planning Financial Planner offers extensive wealth-creation advice and assistance across all financial markets or specialise in areas. Slide 25: The average salaries for Finance professionals Slide 26: Emerging areas in the Accounting and Finance sector are- Financial Outsourcing –Knowledge Process Outsourcing Business Process Management Knowledge Process Management Stock Exchange Warehouse Management Investment banking Commercial banking Retail banking Financial Planning Slide 27: CA or MBA? An analysis of the recent batch profiles in the top B-schools in the country shows that after engineers, commerce graduates form the second largest chunk of students in MBA programmes. Possible Career Progression after Qualification Slide 28: SWOT Analysis for an MBA and a CA Slide 29: Ms. Kalpana Morparia Deputy Managing Director, ICICI Education- Graduated in Science, Mumbai Post-Graduate in law from University of Mumbai Awards & Achievements Women Achievers Award in the Field of Finance and Banking 1999'. the Indian Merchants' Chamber (Ladies Wing) Economic Times Award for Corporate Excellence 2005 as the Businesswomen of the Year Slide 30: Arun Kumar Purwar Chairman, State Bank of India Award:2005: CEO of the year award, for Brand Excellence (India Brand Summit – 2005) Under his chairmanship The State Bank of India (SBI) Group, became a member of the $1 billion club., SBI’s net profit increased by 19 percent to Rs 3,681 crore during 2003-04. Education:Masters degree in Commerce from Allahabad University Slide 31: Aditya Puri Education: Chartered Accountancy from the Institute of Chartered Accountants, India. Puri is an associate member of the Institute of Chartered Accountants of India. Articles with Thakur Vaidyanath Iyer, Delhi. Bachelor's degree in commerce from Chandigarh, Punjab University. Schooling in Poona. MD, HDFC Bank Slide 32: Summary As the speculation of industry professionals go, it’s definitely going to be an upswing for the finance sector. At present, the finance sector is getting transformed into a technology-intensive and customer-friendly model with a focus on convenience. The role of an integrated financial infrastructure is to stimulate and sustain economic growth. Finance will have a significant contribution in propelling India forward as a global economic power. Slide 33: For further details on Accounting and Finance, refer to Report on ‘Careers in Accounting and Finance’ HAPPY READING! Do not forget to mail your feedback to ccr@imsindia.com